Published date: Oct 04 2022

Journal Title: KnE Social Sciences

Issue title: 3rd International Conference on Law Reform (3rd INCLAR)

Pages: 479–491

DOI: 10.18502/kss.v7i15.12120

Kukuh Dwi Kurniawankukuhdwik@umm.ac.idLaw Faculty, University of Muhammadiyah Malang

Radhityas Kharisma NuryasintaLaw Faculty, University of Muhammadiyah Malang

Yaris Adhial FajrinLaw Faculty, University of Muhammadiyah Malang

Yohana Puspitasari WardoyoLaw Faculty, University of Muhammadiyah Malang

Nu'man AunuhLaw Faculty, University of Muhammadiyah Malang

Since the Covid-19 cases appeared in several countries including Indonesia, it had a direct impact on every sector in Indonesia, especially in the capital market sector. However, because Indonesia is currently entering a new phase in economic recovery after the acceleration of vaccination, accompanied by positive policies from the government, this provides new hope for investors who wish to waqf stocks. This study discusses the role of the Notary as the Official Making the Waqf Pledge Deed in the Transfer of Stock Waqf after the Covid-19 Pandemic. The new role of the Notary as stated in the explanation of Article 15 of Law Number 2 of 2014 concerning amendments to Law Number 30 of 2004 concerning the Position of a Notary (UUJN), especially in the explanation of Article 15 paragraph (3) that Notary have other authorities regulated in laws and regulations, one of which is to make a Deed of Waqf Pledge. This is related to the provisions of Article 37 paragraph (4) of Government Regulation Number 42 of 2006 concerning the Implementation of the Waqf Law (PP Wakaf), which states that a Notary has the opportunity to make a Waqf Pledge Deed. As the most important element in the transfer of stock waqf, the Waqf Pledge Deed requires an official who has competence in making a deed containing the Wakif’s desire to surrender his assets to be used by Nazhir. This study aims to clarify the authority of a notary who is still foreign in making a waqf pledge deed, especially the object of stock waqf. This type of research is normative-juridical research. The results of this study obtained answers to existing problems related to the authority of a Notary as a PPAIW, namely that until now the regulations regarding the requirements of a Notary as a PPAIW that have been mandated in the provisions of Article 3 paragraph (5) of PP Wakaf have not yet been stipulated by the Minister of Religion.

Keywords: notary, waqf, stock, Indonesia, Covid-19

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