Legal Consequences of Bankruptcy Towards Legal Position of Waqf Assets on Foundation

Authors

  • Sbong Sinarok Martin Universitas Indonesia

DOI:

https://doi.org/10.26555/novelty.v12i01.a16990

Keywords:

Bankruptcy, Waqf, Foundation, Assets

Abstract

Introduction to the Problem: Based on Law No. 37 of 2004 on the Bankruptcy and Payment Suspension, the consequence of Bankruptcy decisions cover the total wealth of the Bankrupt Debtors at the time of the bankruptcy declaration together with that which they acquire during the bankruptcy. According to the Bankruptcy Act, there is no explicit limitation about the bankrupt assets, which raises the ambiguity and contradiction towards the Law No. 41 of 2004 on Waqf and Law No. 28 of 2004 on the amendment of Law No. 16 of 2001 on Foundations in determining the status of waqf assets as the one of Foundation’s wealth.

Purpose/Objective Study: This research aims to determine waqf assets’ status on the bankrupt foundation and manage waqf assets in Indonesia’s bankruptcy proceedings.

Design/Methodology/Approach: This type of research is normative legal research. The study employed secondary data from the literature review and analyzed it through the statute and conceptual approaches.

Findings: This research shows that applying the laws and implementing bankruptcy proceedings should consider other laws, which means waqf assets that the foundation manages. The waqf law overrides the bankruptcy law that is affirmed on foundation law. The bankrupt foundation’s waqf assets will hand over to others’ foundations or legal entities that have the same purposes.

Paper Type: Research Article.

Author Biography

Sbong Sinarok Martin, Universitas Indonesia

Assalamualaikum Wr. Wb.
Thank you for acceptance, my name is martin. Currently, I am student of Master Program in University of Indonesia majoring economic law. I was graduated from Indonesian Islamic University for Bachelor Program. Right now I need to fulfill my thesis requirements which are I have to submit a journal hopefully it can be published by novelty Jurnal Law Faculty of Ahmad Dahlan University.
 Thank you for attention, Wassalammualaikum Wr. Wb.

References

Anugrah, Dian., & Aswaritka, Listya. (2018). Kedudukan Yayasan yang belum disesuaikan dengan Undang-Undang Yayasan Setelah Jangka Waktu Berakhir, Notaire, Vol. 1 No. 1, 86-104.

Arkisman. (2015). Pelaksanaan Tugas Kurator dalam Mengurus Harta Pailit Berdasarkan Pasal 72 Undang-Undang No. 37 Tahun 2004 Tentang Kepailitan dan Penundaan Kewajiban Pembayaran Utang. Jurnal Pro Hukum, 7-12.

Hafiidh, M., & Adjie, H. (2011). Yayasan: Memahami Pendirian-Perubahan-Pembubaran Yayasan Sebelum dan Sesudah Berlakunya Undang - Undang Nomor 16 Tahun 2001 tentang Yayasan. Bandung: PT Citra Aditya Bakti.

Hazami, B. (2016). Peran dan Aplikasi Wakaf dalam Mewujudkan Kesejahteraan Umat di Indonesia. Analisis Jurnal Studi Islam, 185-190. doi:https://doi.org/10.24042/ajsk.v16i1.742

Hudayanti, N. (2017). Distribusi Aset dan Kekayaan Yayasan: Perspektif Perundang-undangan. Al-daulah Jurnal Hukum Pidana & Ketatanegaraan, 207-210. Retrieved from

http://journal.uin-alauddin.ac.id/index.php/al_daulah/article/view/4877

Meliala, Eddy Putra., Siregar, Ramli., Windha. (2013). Pertanggungjawaban Pengurus Yayasan Terhadap Pailitnta Yayasan Menurut. Economic Journal "TRANSPARENCY", 2-10.

Murni, & Gani, A. (2020, January 1). Tanggung Jawab Hukum Kepada Pengurus Yayasan Terhadap Failednya Suatu Yayasan. Jurnal Pionir LPPM Universitas Asahan Vol, Vol. 6 No. 1, 41-42. Retrieved from http://jurnal.una.ac.id/index.php/pionir/article/view/1057

Nasution, B., Windha, & Sitorus, D. C. (2013). Prinsip Akuntabilitas dan Transparansi Yayasan dalam Rangka mencegah praktik Pencucian Uang (Money Laundering). Transparency Journal of Economic Law, Vol.1 No.1. Retrieved from https://www.neliti.com/publications/14687/prinsip-akuntabilitas-dan-transparansi-yayasan-dalam-rangka-mencegah-praktik-pen

Nurhidayani, Muaidy Yasin, Busaini. (2017). Pengelolaan dan Pemanfaatan Wakaf Tanah dan Bangunan. Jurnal Kajian Ekonomi Islam, 1 -14.

Pratama, B. (2014). Kepailitan dalam Putusan Hakim Ditinjau Dari Perspektif Hukum Formil dan Materil. Jurnal Yudisial, 157-159. Retrieved from https://jurnal.komisiyudisial.go.id/index.php/jy/article/view/85

Retnaningsih, S. (2017, Januari-Juni). Perlindungan Hukum Terhadap Debitor Pailit Individu dalam Penyelesaian Perkara Kepailitan di Indonesia. ADHAPER: Jurnal Hukum Acara Perdata, Vol 3, No 1, 1-16. Retrieved from https://jhaper.org/index.php/JHAPER/article/view/41

Rukmono, B. S. (2019). The Role of Supervisory Judge Inresolving the Deadlock of the Assets Settlement in Bankruptcy of Foundation. Yustisia Jurnal Hukum, 72-75. Retrieved from https://jurnal.uns.ac.id/yustisia/article/view/28000

Sahupala, M. (2016, Januari). Tugas dan Wewenang Hakim Pengawas Terhadap Pengurusan dan Pemberesan Harta Debitor Pailit. Lex Privatum, Vol.4 No.1., 57-65. Retrieved from https://ejournal.unsrat.ac.id/index.php/lexprivatum/article/view/11165

Santoso, U. (2014). Kepastian Hukum Wakaf Tanah Hak Milik. Perspektif, 71-80.

Sesse, M. S. (2010). Wakaf Dalam Perspektif Fikhi Dan Hukum Nasional. Jurnal Hukum Diktum, 143-160.

Simamora, Y. S. (2012). Karakteristik, Pengelolaan dan Pemeriksaan Badan Hukum Yayasan di Indonesia. Jurnal Rechtsvinding, 175-186.

Sinaga, N. A., & Sulisrudatin, N. (2016). Hukum Kepailitan dan Permasalahannya di Indonesia. Jurnal Ilmiah Hukum Dirgantara, Volume 7 No. 1, 168-170. Retrieved from

http://garuda.ristekbrin.go.id/journal/view/14963?issue=%20Vol%207,%20No%201%20(2016):%20JURNAL%20ILMIAH%20HUKUM%20DIRGANTARA

Sjahdeini, S. R. (2018). Sejarah, Asas, dan Teori Hukum Kepailitan : Memahami Undang-Undang No. 37 Tahun 2004 tentang Kepailitan dan Penundaan Kewajiban Pembayaran Utang. Jakarta: Prenadamedia Group.

Sutrisno. (2017). Pemberdayaan Tanah Wakaf yang Dikelola Yayasan. Jurnal Pembaharuan Hukum, 140-146.

Wijayanta, T. (2014). Kajian Tentang Pengaturan Syarat Kepailitan Menurut Undang-undang No. 37 Tahun 2004. Mimbar Hukum, Vol. 26, No. 1., 2-4.

Downloads

Published

2021-04-02

How to Cite

Martin, S. S. (2021). Legal Consequences of Bankruptcy Towards Legal Position of Waqf Assets on Foundation. Jurnal Hukum Novelty, 12(1), 45–53. https://doi.org/10.26555/novelty.v12i01.a16990

Issue

Section

Articles