@phdthesis{digilib76930,
           month = {June},
           title = {TINJAUAN HUKUM IMPLEMENTASI PRINSIP KEHATIHATIAN PADA PEMBIAYAAN MIKRO TANPA AGUNAN (ADAPTASI KOPERASI GEMI YOGYAKARTA TERHADAP PERMENKOP UKM NO. 8 TAHUN 2023)},
          school = {UIN SUNAN KALIJAGA YOGYAKARTA},
          author = {NIM.: 22103040193 Dahyal Afkar Najmuzzaman},
            year = {2026},
            note = {Dr. Wardatul Fitri, S.H., M.H.},
        keywords = {Kedudukan Hukum, Pembiayaan Mikro, Koperasi Syari?ah, Tanggung Renteng},
             url = {https://digilib.uin-suka.ac.id/id/eprint/76930/},
        abstract = {The issuance of the Regulation of the Minister of Cooperatives and Small and
Medium Enterprises (Permenkop UKM) Number 8 of 2023 introduces a new
paradigm mandating formal compliance and prudential standards, including
physical collateral. This rigid regulation creates a legal gap for the Sharia
Cooperative of the Women's Economic Movement (GEMI) Yogyakarta, which
serves underprivileged women relying purely on social capital without material
collateral. This study aims to analyze the legal standing of microfinance practices
without physical collateral under Permenkop UKM No. 8 of 2023, and to analyze
the legal standing of the joint liability system as a substitute instrument for material
collateral in resolving defaults.
This research is a juridical-empirical legal study employing sociological,
statutory, and conceptual approaches. Primary data were obtained through indepth
interviews and field observations, while secondary data originated from state
regulations and internal cooperative documents. Data analysis was conducted
using a qualitative-deductive method. This research is analyzed using three main
theoretical frameworks: Legal Certainty Theory by Gustav Radbruch, Legal
Effectiveness Theory by Lawrence M. Friedman, and Sharia Financing Theory
focusing on wealth protection (Hifz al-Mal).
The results indicate: First, microfinance practices without collateral at the
GEMI Cooperative hold a legitimate administrative legal standing as a form of
institutional adaptation. Although the substance of the regulation mandates
physical guarantees, GEMI fulfills the essence of the prudential principle through
procedural certainty (Compulsory Gathering Training, document order, and social
supervision via Rembug Minggon). The "sanctions anomaly" or absence of
sanctions from authorities indicates empirical recognition of this instrument.
Second, the joint liability system possesses a strong civil legal standing based on
Article 1295 of the Indonesian Civil Code (KUHPerdata), shifting the "collateral
confiscation" paradigm to a "joint repayment obligation" by all group members.
The synergy between civil legal certainty and the sharia principle of Hifz al-Mal
has empirically proven capable of suppressing the Non-Performing Financing
(NPF) ratio at 3.45\%, thereby providing legal protection equivalent to
conventional material collateral execution.}
}