Legal Literacy - This article discusses the dynamics and importance of sharia contracts in the context of business and banking in Indonesia, which is growing rapidly along with the development of the Islamic economy. Sharia contracts play an important role in ensuring that business transactions are carried out in accordance with sharia principles, which include honesty, fairness, and compliance with the prohibition of riba, gharar, and maisir. This article also outlines the definition, theory, principles, subjects, and objects of sharia contracts, as well as the legal requirements and consequences if the contract is canceled or terminated. This information is important for business actors who want to understand how sharia contracts are applied in practice and legal regulations in Indonesia, providing a comprehensive guide to the requirements and legal implications of sharia contracts.

Introduction

Currently, there are many businesses in Indonesia that show a rapidly developing graph, as is the case with activities in sharia business. Of course, in ongoing sharia business activities, there are contracts that occur. The most rapid development of the Islamic economy in Indonesia is in the form of banking and non-bank financial institutions. With the increasing diversity of sharia businesses, actors must carry out activities based on sharia which is based on the relationship…