The Development of Startup Coop in Indonesia: An Overview Maqashid al-Sharia

Abstract

This paper uses the juridical-philosophical method and conceptual approach to develop regulations for cooperative-based startup companies (startup coop) in Indonesia from the perspective of positive law and maqāsid al-Sharīa. This study concludes that the issue of startup coop from the maqashid perspective is considered not contrary to Islamic values, the principles of muamalah, and in harmony with the objectives of the law. Startup Coop is oriented towards creative innovation based on the value of brotherhood and kinship. In addition, startup coops also aim to absorb productive labor and develop human resources from among the younger generation in creative business development. This research contributes to optimizing creative and innovative human resources in line with maqashid ideal goals.

Application of piercing the corporate veil in investment law

“…Even though a Limited Liability Company is managed by company organs, the Limited Liability Company and/or company organs are different entities, so that the Limited Liability Company does not depend on the company organs. In this case, it is known as the principle of separate legal personality, namely that the Limited Liability Company and the company organs are independent individuals (Jayusman et al, 2023). Thus, shareholders, directors and/or commissioners do not have an interest in the assets of the Limited Liability Company, so they are not responsible for the debts of the Limited Liability Company (Widjaya, 2003).…”