Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy June 27th 2020 THE 1st PROCEEDING International Conference And Call Paper Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy IMAM ASAo SYAFEI BUILDING Faculty of Law. Sultan Agung Islamic University Jalan Raya Kaligawe. KM. 4 Semarang. Indonesia Diterbitkan oleh : UNISSULA PRESS ISBN. 978-623-7097-74-7 The 6th Proceeding International Conference And Call Paper Sultan Agung Islamic University COMITTE OF THE 6th PROCEEDING INTERNATIONAL CONFERENCE AND CALL PAPER Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative ReviewAy Susunan Panitia Pengarah : Prof. Dr. Gunarto. Akt. Hum. Penanggung Jawab : Dr. Hj. Anis Mashdurohatun. Hum. Ketua : Dr. Hj. Sri Endah Wahyuningsih. ,M. Hum Sekretaris : Nailul Mukorrobin. Psi Bendahara : Erna Sunarti,S. Pd. ,M. Hum Seksi Acara : Muhammad Ngazis. Marcela Dinda. Kom Shinta Puspita. SE. Seksi Konsumsi : Bambang Irawan Siti Pardiyah Riswanto Kesekertariatan : Slamet Ariyanto,S. Agus Prayoga Reviewer : Prof. Dr. Eko Soponyono,SH. ,M. Hum. Prof. Dr. Hj. I Gusti Ayu KRH. SH. ,MM. Hak Cipta A 2020, pada penulis Hak Publikasi pada penerbit UNISSULA PRESS Dilarang memperbanyak, memperbanyak sebagian atau seluruh isi dari buku ini dalam bentuk apapun, tanpa izin tertulis pada penerbit. Hal I-IX, 1-258 Cetakan Pertama Tahun 2020 Penerbit UNISSULA PRESS Jl. Raya Kaligawe Km. 4 Semarang 50112 PO BOX 1054/SM, Telp. Fax. ISBN. 978-623-7097-74-7 Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy i Editor : Ngazis. SH. ,MH Erna Sunarti. Pd. ,M. Hum. Nailul Mukorobin. Psi. Desain Cover : Muh. Arifin. Kom Desain Lay Out : Suryo Atmojo. SH ISBN : 978-623-7097-74-7 Penerbit : UNISSULA PRESS Alamat : Jl. Raya Kaligawe KM. 4 PO. Box. 1054/SM Semarang 50112 Ae Indonesia Phone: 6224 6583584 . Salura. Fax. Email : pdih. fh@unissula. id / w. The 6th Proceeding International Conference And Call Paper Sultan Agung Islamic University KATA PENGANTAR Bismillahirrohmanirrohim AssalamuAoalaikum Wr. Wb. Puji syukur kehadirat Allah S. Tuhan Semesta Alam Yang Maha Esa. Alhamdulillah, sebagai ucapan syukur kehadirat Allah Subhanahu WataAoala kami dapat menyelenggarakan The 6nd Proceeding International Conference And Call Paper dengan tema AuOmnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative ReviewAy terselenggara dengan baik. Pemilihan tema tersebut dipilih karena pada era searang ini kita dihadapkan dengan era industri 4. 0, dimana para kandidat doktor dituntut untuk bisa menyesuaikan dengan perkembangan global dan meningkatkan kompetensi keilmuan serta Pada seminar ini telah dipresentasikan hasil penelitian dosen dan mahasiswa yang diikuti oleh peneliti-peneliti dari berbagai universitas yang telah mebahas berbagai keilmuan Hukum dan Humaniora. Sesungguhnya keberhasilan dalam mencapai tujuan pendidikan yang dicitacitakan sangat tergantung pada sikap mental, partisipasi serta disiplin setiap unsur yang terlibat dalam proses belajar mengajar. Mudah-mudahan seminar Internasional yang sederhana ini dapat memberi sumbangsih dalam mencerdaskan bangsa Indonesia serta semoga Allah SWT selalu menyertakan ridho-Nya. Amin. Akhir kata, kami mengucapkan terima kasih kepada pimpinan Universitas Islam Sultan Agung, pimpinan fakultas Hukum Unissuala, pemakalah, editor dan serta pihak-pihak yang telah membantu terselenggaranya seminar ini dengan lancar tanpa hambatan suatu apapun. WassalamuAoalaikum Wr. Wb. Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy Table Of Content STRENGTH AND WEAKNESSES OF OMNIBUS LAW IN INDONESIA Saprodin. Widarto . OMNIBUS LAW BETWEEN JUSTICE AND BENEFITS Hartanto . Aris Sudarmono . JURIDICAL REVIEW OF THE FORMATION AND IMPLEMENTATION OF OMNIBUSLAW IN LAW SYSTEM Amir Darmanto ,Muh. Tommy Fadlurohman . IMPACT OF LAW OMNIBUS APPLICATION IN INDONESIA IS POSSIBLY HAPPENING TO ENVIRONMENT DEGRADATION Sunarto ,Eva Kurniasih . Omnibus Law in Progressive Law Views in Indonesia Nasrudin ,Joko Prasetyo . OMNIBUS LAW WAS REVIEWED FROM THE EXCESS AND LACKS OF THE LEGAL CODIFICATION SYSTEM IN INDONESIA Binov Handitya ,Jarot Jati Bagus Suseno . OMNIBUS LAW AS SIMPLIFICATION OF LEGISLATION IN INDONESIA FA Alexander GS ,Sundoyo . PREROGATIVE RIGHTS OF PRESIDENTS IN OMNIBUS LAW Tri Mulyani ,Sih Ayuwatini . OMNIBUS LAW AND ITAoS IMPLEMENTATION OF INDONESIAN COUNTRY MARITIME DEFENSE AND ISLAMIC LAW VIEWS ABOUT STATE DEFENSE Aminudin Yakub ,Teddy Prayoga . OMNIBUS LAW AND PROBLEMATICS LABOR IN INDONESIA Nukhbatul Mankhub . Aep Saepudin2 . OMNIBUS LAW IN INDIGENOUS LAW VIEWS IN INDONESIA Carolina da Cruz ,Suwitno . The 6th Proceeding International Conference And Call Paper Sultan Agung Islamic University OMNIBUS LAW IN RENEW OF CRIMINAL LAW Lukman Muhadjir ,Salidin . URGENCY OF THE OMNIBUS LAW BILL Andi Lala ,Sudiharto . THE APPLICATION OF OMNIBUS LAW IN THE EFFECT OF LEGAL REFORM IN INDONESIA Warijan ,Tri Setyadi Artono . OMNIBUS LAW IN ECONOMIC DEVELOPMENT CONTEXT IN INDONESIA Indrayana Addhywibowo Kusumawardana ,Iva Amiroch . IMPLEMENTATION OF OMNIBUS LAW IN LAW OF WORK FIELD IN INDONESIA Yimmy Kurniawan ,Henny Rosita . OMNIBUS LAW OPPORTUNITIES AND CHALLENGES IN THE INDONESIAN LEGISLATION SYSTEM Yuni Nurkuntari ,Sunardi . OMNIBUS LAW IN COMPLETION OF LAND REGULATION PROBLEMS Enju Juanda. Mairul . LAW OF OMNIBUS LAW BUSINESS AGENCY FOR INDONESIAN COMMUNITY WELFARE Ilham Akbar ,Ahmad Husaini . THE CONCEPT OF OMNIBUS LAW RELATED TO NORMAL LAW APPLICABLE IN INDONESIA Ariyanto ,Joncik Muhammad . OMNIBUS LAW FOREIGN INVESTMENT IN INDONESIA Adhi Budi Susilo ,Irwanto Efendi . OMNIBUS LAW AND THE NEED OF INDONESIAN ECONOMIC INVESTMENTS VIEWED FROM ISLAMIC LAW VIEWS RELATED TO ECONOMY Ahmad Syauqy S ,Yanto Irianto . Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy VII CRITICISM OF THE COMMUNITY IN THE OMNIBUS LAW BILL Sitta Saraya ,Puguh Triatmojo . MANIFESTATION OF PANCASILA VALUES IN THE OMNIBUS LAW FOR JUSTICE Andri Winjaya Laksana. LEGAL REVIEWOF LAW PROTECTION THEORY IMPLEMENTATION IN DISPUTE OF ADMINISTRATIVE COURT Ahmad Yani. OMNIBUS LAW ON JOB CREATION BILL IN THE ZEMIOLOGY PERSPECTIVE Arif Awaludin. Eti Mul Erowati. Ninik Hartariningsih. Application Of Omnibus Law In The Investment Field As A Efforts To The Settlement Licensing Regulation And Harmonization Of Law Regulation In Indonesia GaluhKartiko. Ludfi AUAUDjajanto,Rosy ApriezaPuspita Zandra. IDEAL CONSTRUCTION OF THE IMPLEMENTATION OF A CONSTITUTIVE SYSTEM (AuFIRST TO FILEA. IN BRAND REGISTRATION Hani Subagio. CRIMINAL PUNISHMENT AGAINSTPERPRETRATORS OF HUMAN TRAFFICKING Johny Koesoema. WEAKNESSES OF THE LEGISLATION FUNCTION OF THE REGIONAL REPRESENTATIVE COUNCIL IN THE BICAMERAL PARLIAMENT SYSTEM IN INDONESIA Kelik Endro Suryono. UTILIZATION OF VILLAGE FUNDS ACCORDING TO LAW NO. 6 OF 2014 TO PREVENT CRIMINAL ACT OF CORRUPTION Rohmidhi Srikusuma. POTENTIALS OF NATURE TYPE AROUND BY THE ADVANCED: JURIDICAL ANALYSIS OF LAW OMNIBUS LAW DRAFT OF LAW Subaidah Ratna Juita. Deni Setya Bagus Yuherawan . The 6th Proceeding International Conference And Call Paper Sultan Agung Islamic University MEDIATION ROLE IN SOLVING SHARIA ECONOMIC DISPUTE AS CIVILIZATION TOWARD ETHICAL VALUE OF ISLAM Santoso. THE IMPLEMENTATION OF CRIMINAL CONVICTIONFOR CHILDREN UNDER THE AGE OF CRIMINAL RESPONSIBILITY BASED ON JUSTICE VALUE Yustinus Bowo Dwinugrono. Re-Conceptualizing WorkersAo Constitutional Rights in the Cipta Kerja Bill based on the Indonesian Welfare State Principles Zulkarnain Ridlwan. Yuswanto. Muhtadi. Yusdiyanto. Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy OMNIBUS LAW AND THE NEED OF INDONESIAN ECONOMIC INVESTMENTS VIEWED FROM ISLAMIC LAW VIEWS RELATED TO ECONOMY Ahmad Syauqy S1 1,2, Doctorate Student of Faculty of Law Sultan Agung Islamic University Semarang. Indonesia wangsaaksara00@gmail. Yanto Irianto2 1,2, Doctorate Student of Faculty of Law Sultan Agung Islamic University Semarang. Indonesia yantoirianto755@gmail. ABSTRACT Omnibus Law can be interpreted as a Law (La. created to target a major issue that might be able to revoke or change several Laws at once so that it becomes simpler. From the government side, they claim there are at least three benefits from implementing Omnibus Law. First, it eliminates overlaps between laws and regulations. Second, the efficiency of the process of change / revocation of laws and regulations. Third, it eliminates sectional egos contained in various laws and regulations. The problem in writing this paper is how can the omnibus law policy answer the investment needs of IndonesiaAos economy from the perspective of Islamic law related to the economy?Omnibus Law Plans in Indonesia include Omnibus Law Employment Copyright and Tax Omnibus Law. In fact, the Government and Kadin . rade and industry organization. have formed the Omnibus Law Task Force in an effort to increase investment opportunities from both foreign and domestic investors for the advancement of the Indonesian economy. If you look at the formulation of Islamic economics above, then it can be concluded that Islamic economics involves the management of Islamic economic resources both in individual and institutional dimensions to achieve the benefit of human life in the world and the hereafter. Therefore, the existence of the omnibus law should be to achieve the benefit of human life in the world and the hereafter. Keywords : omnibus law, investment. Islamic law INTRODUCTION Since the end of 2019 yesterday, discussions about Omnibus Law began to surface and are still a hot topic of conversation in many places. As it should be, as intellectuals hard-nosed at various government policies those are considered not in favor of the general public, including this Omnibus Law. How about a brief explanation of the Omnibus Law that is being used as talk material for students? Referring to the general understanding. Omnibus Law can be interpreted as a Law (La. created to target a major issue that might revoke or amend several Laws at once so that it becomes simpler. Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy From the government side, they claim there are at least three benefits from implementing Omnibus Law. First, it eliminates overlaps between laws and regulations. Second, the efficiency of the process of change / revocation of laws and regulations. Third, it eliminates sectional egos contained in various laws and regulations. The substance of the Employment Copyright Omnibus has been discussed intensively with 31 relevant Ministries / Institutions, and includes 11 clusters, namely: . Simplification of Licensing, . Investment Requirements, . Employment, . Ease. Empowerment and Protection of MSMEs, . Ease of Doing Business, . Research and Innovation Support, . Government Administration, . Imposition of Sanctions, . Land Procurement, . Government Investment and Projects, and . Economic Zones. Therefore, the President hopes that the DPR can support the government in realizing this plan. AuNow, please support this, donAot be too long, and donAot complicate things. Because, this is once again to create employment,Ay said the President141. Seeing that IndonesiaAos average economic growth in the last 5 years is 5% and 1% of economic growth is only able to absorb as many as 400 thousand workers, the government hopes through the Employment Copyright Bill is economic growth of 6% per year to absorb 7 million unemployed and absorb 2 million new workforce. Investment as a way to open more jobs becomes the governmentAos way to achieve the target of 6% economic growth per year. Therefore a new investment of 4. 800 trillion is needed because every 1% of economic growth requires 800 trillion. If investment is one of the paths chosen by the government, the government needs to pay attention to how the investment absorbs labor in Indonesia. The long-term goal of the Cilaka . reate employmen. Bill is that Indonesia can become a developed country by 2045. Not only that, the Indonesian government also expects IndonesiaAos GDP to reach 7 trillion US dollars so that Indonesia enters into the top 5 countries The world economy with poverty is near zero percent. The Problem From the background description above, the formulation of the problem that the author wants to examine is how can the omnibus law policy answer the needs of IndonesiaAos economic investment based on the perspective of Islamic law related to the economy? Methods of Research The method of approach in this study uses the type of normative juridical research. Normative juridical research is research focused on studying the application of rules or norms in positive law. This type of research is a type of qualitative descriptive research, because in this study describes the situation that occurs at present in a systematic and factual manner with the aim to explain and the solution of the problem under study namely the omnibus law can answer the investment needs of IndonesiaAos economy based on the perspective of Islamic law related to the economy. Primary data obtained by researchers refers to data or facts and legal cases obtained directly through library studies relating to research objects and practices that can be seen and related to research objects. The data analysis method used is normative qualitative, namely the decomposition of data analysis which starts with the information obtained to achieve clarity of the problem to be discussed. Research Result and Discussion Omnibus law is a statutory regulation that is made to refer to one major issue that may be able to revoke or change several laws into one law that is simpler and more complete to avoid overlapping This is done to amend several laws into one new law. Literally. Omnibus law is the law for all. The 6th Proceeding International Conference And Call Paper Sultan Agung Islamic University Languages are AUAU derived from Latin, which is omnis which means Aofor allAo or AomanyAo JokowiAos prediction, the law allegedly makes investment unattractive. Regulation is overlapping. A complicated bureaucracy. When taking care of licensing snaking. Regulatory obesity has a serious impact: First, weak investment competitiveness (Ease of Doing Business / EoDB) and private sector growth. For example, in the area of EODB AUAU business ease released by the World Bank. Indonesia ranked 73 out of 190 In this 2019 report. IndonesiaAos position was down one rank compared to the previous year even though the index achieved by the government rose 1. 42 to 67. Of the 10 indicators assessed by the World Bank in the period June 2017 to May 2018. Indonesia recorded a decline in four areas. These are dealing with construction permits, protecting minority investors, trading across borders, enforcing contracts. Second, opening up opportunities for corruption. According to the KPK, licensing corruption is still an easy area for regional government corruption. Of the 105 regional heads whose cases are being handled by the KPK, 60 of them are involved in bribery cases, while the rest are related to cases that harm state finances, gratuities, and extortion. Licensing issues are considered often a stumbling block for regional heads that are finally trapped in corruption cases142. In various countries, especially common law, it is common to use omnibus law such as the United States. Canada, the Philippines and Australia. Indonesia is relatively new to this. Although in limited cases such as Law Number 7 of 2017 concerning Elections repeal three laws at once, namely: Law Number 42 of 2008 concerning Presidential and Vice Presidential Elections. Law Number 15 of 2011 concerning Election Organizers and Law Number 8 of 2012 about the DPR. DPD and DPRD elections. Omnibus Law Plans in Indonesia include Omnibus Law Employment Copyright and Tax Omnibus Law. In fact, the Government and Kadin have formed the Omnibus Law Task Force. Of course there are challenges to consider, as follows143: First, ideally. Law Number 12 of 2011 concerning the Formation of Legislation needs to be amended so that the principle or concept of the Omnibus Law gets legal reinforcement and uniformity of patterns including ensuring whether at the regional level, existing regulations can use the concept of Omnibus Law as at the center. Secondly, when referring to the thought of Mochtar Kusumaatmadja who saw the law not only as a rule and principle, but also included institutions and processes to realize the law in reality, then the consideration of strengthening the awareness and legal culture in society became necessary Because, without that, the law is only text Lost context of implementation. Third, harmonization with regional policies needs to be considered because. Omnibus Law at the level of the law can also revoke regulations. However, a deep study is needed so that it is not memorable to reduce autonomy. Or even towards the centralization of power which is contrary to the vision of reform. Fourth, the reform of rules through the Omnibus Law is only one strategy to be investment friendly. Strong law enforcement needs to be accompanied so that investors feel comfortable because legal certainty becomes necessary, not only rules but norms are compatible with implementation. Some of the objectives of establishing the Omnibus Law include144: https://law. id/regulasi-yang-ramah-investasi/ Muhammad Mihradi. Omnibus Law: Menuju Hukum Ranah Investasi. Bogor: Universitas Pakuan. Firman Freaddy Busroh. AuKonseptualitas Omnibur Law dalam Menyelesaikan Permasalahan Regulasi PertanahanAy. Arena Hukum. Vol. No. 2, (Agustus 2. , p. Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy Overcoming conflicts of laws and regulations quickly, effectively and efficiently. To uniform government policies both at the central and regional levels to support the investment Licensing management is more integrated, efficient and effective. Able to break the long bureaucratic chain. Increased coordination relationships between related agencies because it has been regulated in an integrated omnibus regulation policy. There is guaranteed legal certainty and legal protection for policy makers. The Government through the Minister of Finance has submitted the Draft Law on Tax Provisions and Facilities for Strengthening the Economy or better known as the tax omnibus law to the House of Representatives on January 31, 2020. This omnibus law draft was designed to help strengthen the Indonesian economy by providing a number of tax facilities that are expected to increase investment, improve equity and business equality, and improve the quality of human resources. The main points of regulation in the draft omnibus law are as Increase the attractiveness of Indonesia as an investment destination country To maintain IndonesiaAos economic growth amid the uncertainty and global economic turmoil, the government intends to issue a number of policies that are expected to increase investment, including: A Gradual reduction in Corporate Income Tax rates to 22 percent for fiscal years 2021 and 2022, then to 20 percent starting in tax year 2023. A A reduction in the corporate income tax rate that goes public to 3 percent lower than the general rate starting in the 2021 tax year. A Elimination of income tax on dividends as long as the dividends are invested in Indonesia. A Adjustment of Article 26 PPh . ncome ta. rates on interest income, and A Regulations regarding tax facilities, including tax holidays, super deduction and local tax facilities. Increasing fairness and equality in business To strengthen the Indonesian economy, it is necessary to create a level playing field that will be encouraged by: A Taxation of digital transactions conducted by sellers or overseas marketplaces. A The central government can set a regional tax rate that applies nationally. A Rationalization of local taxes including cancellation of local regulations that hamper investment. A Addition or reduction of types of goods subject to excise other than those stipulated in the Law on Excise. Improving the quality of human resources In order to strengthen the Indonesian economy, it is necessary to improve the quality of human resources to create innovation and open up new jobs. To accelerate the achievement of this goal the government wants to increase the number of skilled and professional workers from abroad who work in Indonesia. For this reason, the government proposes that foreigners working in Indonesia are only subject to taxes on income sourced in Indonesia . ot all incom. for the first four years. Encouraging voluntary tax compliance. To help improve voluntary compliance, the government https://w. id/id/siaran-pers/jaga-ekonomi-indonesia-pemerintah-berharap-omnibus-law-perpajakan-dapatsegera The 6th Proceeding International Conference And Call Paper Sultan Agung Islamic University intends to improve tax administration through resetting: A VAT crediting conditions, and A Sanctions and interest payments, which are proposed, refer to market interest rates. Considering the importance of these objectives and anticipating future challenges related to the current global situation, the government hopes that the discussion of this bill can be immediately started and, by taking into account input from the public and the business world, can be enacted immediately to help safeguard and strengthen the Indonesian economy. Economy in Arabic is termed al-iqtisad al-Islami. Al-iqtisad is literally interpreted as middle and Economics is defined by the knowledge of the rules relating to the production of wealth, distribution and consumption. Economics in general is defined as a study of human behavior in the use of natural In the midst of the economic crisis in 1998, the Islamic economy that was once underestimated has become a spotlight that needs to be reckoned with in the economic world and has become the center of attention of economists in Indonesia. In his thoughts on economics. Haidar Naqvi put forward some thoughts. The first thought is related to the issue of the nature of Islamic economics. According to Naqvi. Islamic economics is a study of the economic behavior of Muslims which is regulated based on representative Islamic law in Muslim societies. Islamic economics can also be defined as a study of property management from an Islamic perspective. Etiologically Haidar Naqvi divides Islamic Economics into two scientific disciplines, namely Normative Islamic Economics and Positive Islamic Economics. Normative Islamic economics discusses Islamic Sharia laws relating to property matters. Islamic economics positively discusses Islamic concepts related to the production of goods and services. The big theme that dominated Naqvi thinking in Islamic economics was first seen as an attempt by humans to uphold justice based on the principle of divine ethics namely al-adl wal Ikhsan. According to Haidar Naqvi the most dominating thing in Islamic economics is ethics. Second, the role of the state is needed in economic activities. If you look at the formulation of Islamic economics above, then it can be concluded that Islamic economics involves the management of Islamic economic resources both in individual and institutional dimensions to achieve the benefit of human life in the world and the hereafter146. The reasons for the need for Islamic economics can be explained as follows147: In al-QurAoan and as-Sunnah a lot of information that clearly states the economic points of this formation we make a postulate. This applies to our daily actions and work. This is where Auakhlaqul karimahAy is needed. General economic science cannot explain why usury is prohibited, why the inheritance and marriage are regulated in such a way as to help in the distribution of income or wealth of the Islamic community. There has been a lot of knowledge that was grown from the treasury of Islam itself and then developed with his time. However, due to worldly problems it seems that Islamic economics is not central to Islamic thought. Therefore the concept of Islamic economics has become obsolete and has never been touched and developed. Indeed, in the QurAoan and the Sunnah there are verses and propositions regarding the economy but most are related to agriculture and trade, not industry. Preparation, development and application of Islamic economics are intended so that Muslims get certainty of their participation in economic development. Muslims are also concerned, among others. Yenti. Elvina. Integritas Konsep Ekonomi Konvensional Dan Ekonomi Islam, (Bandung: P. T Alumni, 2. , p. Ibid. , p. Ay Omnibus Law Opportunities And Challenges Towards Entrepreneurs And Labor : Comparative Review lawAy by148: Economic growth. Full employment opportunities. Economic efficiency. Consolidation of price levels. Economic freedom. Equitable distribution of income. International trade balance. In addition it is necessary to pay attention to issues including: Poverty. Pollution. Unemployment. Inflation. Price control. Taxation. Health. Energy. The size of the company. Protection. Free trade. State debt. Conclusion Omnibus Law Plans in Indonesia include Omnibus Law Employment Copyright and Tax Omnibus Law. In fact, the Government and Kadin have formed the Omnibus Law Task Force in an effort to increase investment opportunities from both foreign and domestic investors for the advancement of the Indonesian Economy in Arabic is termed al-iqtisad al-Islami. Al-iqtisad is literally interpreted as middle and just. Economics is defined by the knowledge of the rules relating to the production of wealth, distribution and Economics in general is defined as a study of human behavior in the use of natural resources. Preparation, development and application of Islamic economics are intended so that Muslims get certainty of their participation in economic development. Muslims are also concerned, among others, the existence of: a. Economic growth. Full employment opportunities. Economic efficiency. Consolidation of price levels. Economic freedom. Equitable distribution of income. International trade balance. If you look at the formulation of Islamic economics above, then it can be concluded that Islamic economics involves the management of Islamic economic resources both in individual and institutional dimensions to achieve the benefit of human life in the world and the hereafter. Therefore, the existence of the omnibus law should be to achieve the benefit of human life in the world and the hereafter. References