PENERAPAN PRINSIP SYARIAH PADA PERJANJIAN PINJAM MEMINJAM UANG BERBASIS PEER TO PEER LENDING (TEKNOLOGI INFORMASI)

The purpose of this research is to find out how the form of legal protection for users of information technologybased lending and borrowing services, the role of financial service authorities in implementing information technology-based lending and the risks faced by technology-based loan users. The research method used in this article is juridical normative, namely legal research which is carried out by examining library materials or secondary data as the basic material for research by conducting a search of the regulations and literature related to the problem under study. The results showed that information technology-based lending and borrowing services or better known as fintech lending, which offers convenience in borrowing money or credit. There was never an agreement between the operator and the loan recipient, only documents to fulfill the requirements of the operator. Legal protection for parties in online money lending and borrowing agreements can be done in a preventive and repressive manner. Preventive legal protection is carried out by applying the basic principles of the administrator before a dispute occurs. Legal protection for users of [U1] financing products, especially for lenders, to increase the confidence of modern society to improve capital requirements that are difficult to enter the market in Banking Financial Institutions. The regulations that have been issued regarding Peer to peer lending to date are the Financial Services Authority Regulation Number 77 / POJK.01 / 2016 concerning Information Technology-Based Lending and Borrowing and SEOJK Number 18 / SEJOK.01 / 2017 concerning Governance and Information Technology Risk Management in Information Technology-Based Lending and Borrowing Services have not been able to reach the interests of legal protection for users of this service.