Mu'amalah: Jurnal Hukum Ekonomi Syariah presents scientific work related to thoughts or studies in Sharia economic law. Furthermore, it publishes articles and research reports to increase understanding of Sharia economic law. Mu'amalah: Jurnal Hukum Ekonomi Syariah contains various research topics on Sharia Economic Law: • Fiqh Mu'amalah • Legal agreements • Law of Obligations • Economic Transactions • Philanthropic Jurisprudence • Employment Law • Business Law Journal title Mu'amalah: Jurnal Hukum Ekonomi Syariah Abbreviation Mu'amalah Frequency Two issues per year (June and December) DOI prefix 10.32332 by Online ISSN 2986-4712 Editor-in-chief Imam Mustofa Publisher Institut Agama Islam Negeri Metro Citation Analysis Scopus / Google Scholar Acceptance Ratio 40% Mu'amalah: Jurnal Hukum Ekonomi Syariah (ISSN: 2986-4712) is an academic journal published by Fakultas Syariah, Institut Agama Islam Negeri Metro, Indonesia. It has been indexed in Google Scholar, Garuda, Moraref, ROAD ISSN, and Dimensions. Online Publication History: Mu'amalah: Jurnal Hukum Ekonomi Syariah was founded in 2022 with the spirit of deepening and renewing sharia economic law official with website into <http://e-journal.metrouniv.ac.id/index.php/muamalah>. All submissions must be made through the Mu'amalah: Jurnal Hukum Ekonomi Syariah OJS system. The author needs to contact the Editor via email at muamalah@metrouniv.ac.id to get a login username and password. The Editor makes no LoA. LoA is issued solely in the form of an Editortorepted paper notification. Mailing Address: Rumah Jurnal, Institut Agama Islam Negeri Metro Ki Hajar Dewantara St. 15A Iringmulyo, Metro City, Lampung, Indonesia Postcode: 34112
All articles in the Mu'amalah: Jurnal Hukum Ekonomi Syariah can be disseminated on condition that they still include the identity of the article and the source (Mu'amalah). The publisher is not responsible for the contents of the article. The content of the article is the sole responsibility of the author. Authors who publish this subject agree to the following terms: First, the Authors retain copyright and grant the journal rights from the first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal. Secondly, the authors can enter into a separate or an acknowledgement of its initial (e.g., post-institutional repository or publish it in a book) publication in this journal. Third, the authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before publishing work is cited.
THE PRACTICE OF ISLAMIC BUSINESS ETHICS IN SUSTAINING TRADITIONAL MSMES AMID DIGITAL TRANSFORMATION
In the digital era, most businesses leverage technology to increase their competitiveness. However, many traditional MSMEs in Pondok Ungu Permai, Bekasi City, still operate conventionally without the support of digital technology, yet they are still able to survive. This situation prompted this study to identify the role of Islamic business ethics in maintaining the sustainability of traditional MSMEs amidst the challenges of digitalization. This research is a socio-legal (empirical) legal research that examines law in social practices through collecting field data in the form of observations, interviews, and documentation of MSME actors in Pondok Ungu Permai, Bekasi. Data analysis was conducted inductively using a qualitative-descriptive approach. The results indicate that MSME sustainability is influenced by the application of Islamic business ethics, including the values ​​of monotheism, balance between profit and blessings, freedom of business, and responsibility. For example, business owners maintain honesty in pricing and weighing, are fair to customers, and prioritize trust in transactions. These findings confirm that MSME success is determined not only by the use of technology, but also by spiritual and moral values. Furthermore, the support of the Bekasi City Government strengthens MSME resilience through business development and facilitation, thus contributing to the local economy and community welfare.
Traditional MSMEs, Islamic Business Ethics, Digital Era
Copyright (c) 2025 Aliyyah Azzah Sabina, Raha Bahari https://creativecommons.org/licenses/by-sa/4.0
LEGAL PROTECTION FOR CUSTOMERS IN MURABAHAH TRANSACTIONS WITHIN ISLAMIC BANKING
The rapid development of Islamic banking in Indonesia reflects the increasing public demand for financial services that comply with sharia principles. Among the most widely used financing instruments is the murabahah contract, a cost-plus sale agreement practiced by Islamic financial institutions. Although conceptually simple, the implementation of murabahah in banking frequently encounters legal and practical challenges that may reduce the effectiveness of customer protection. This research analyzes the legal protection mechanisms embedded in murabahah financing as regulated in Islamic law, the Sharia Banking Act, and DSN-MUI Fatwas. Using a normative juridical approach supported by statutory analysis and conceptual interpretation, the study examines how murabahah regulates asymmetric contractual relations in which banks possess superior information, technical capacity, and bargaining power compared to customers. The findings indicate that, in practice, several aspects of murabahah—such as transparency of cost and margin, ownership transfer, risk allocation, and default handling—do not always align with sharia principles and consumer protection standards. Strengthening regulatory enforcement, improving contract literacy, and ensuring compliance with sharia governance are essential to optimize legal protection for customers in murabahah transactions. This study contributes to the discourse on sharia-compliant financing by offering a comprehensive evaluation of existing legal frameworks and their practical implications.
Copyright (c) 2025 Tia Choliza, Muhammad Aziz Zakiruddin https://creativecommons.org/licenses/by-sa/4.0
SHARIA MICROFINANCE REFORMULATION TOWARDS AN INCLUSIVE ECONOMY
Economic inequality and high poverty rates remain crucial issues in many Muslim-majority countries. This is due to the unequal distribution of wealth, the low quality of public services, and the suboptimal utilization of Islamic economic instruments such as zakat and waqf. Sharia microfinance has emerged as a fair and inclusive financing solution. However, the current model tends to imitate conventional systems and does not fully reflect the values of maqasid al-shariah, particularly in the aspect of hifdz al-mal (protection of wealth). This research aims to rebuild the Sharia microfinance model based on maqashid al-shariah fi hifdz al-mal as an ethical and normative basis for creating an Islamic financial system that is fair, sustainable, and relevant to contemporary socio-economic challenges. Using an Islamic legal research case study approach, this research examines the principles of Islamic financial management, critiques the weaknesses of existing microfinance models, both conventional and Sharia-compliant, and proposes more comprehensive design alternatives. Primary data for this study were obtained through field surveys, in-depth interviews, and direct observation at several Sharia Microfinance Institutions and beneficiary communities. The research results indicate that the application of maqashid al-shariah in the context of asset protection can strengthen the contribution of Islamic financial institutions to empowering micro, small and medium enterprises, alleviating poverty, and achieving the Sustainable Development Goals (SDGs). The proposed model emphasizes the principles of justice, spiritual and material well-being, protection of fundamental rights, and institutional synergy based on Islamic values.
Copyright (c) 2025 Ubaidillah, Dede Nurrohman, Ahmad Muhtadi Anshor, Mahmood Kooria https://creativecommons.org/licenses/by-sa/4.0
FROM FATWA TO COMPLIANCE IN ISLAMIC FINANCIAL ENFORCEMENT
This study examines how DSN-MUI fatwas can be transformed into operational and binding legal norms within the governance of Sharia fintech in Indonesia. The main problem identified is the absence of an integration mechanism between fatwas and OJK regulations, resulting in a dualistic supervisory framework that creates legal uncertainty and weakens the enforcement of Sharia compliance. Using a normative legal research method with legislative, conceptual, and comparative approaches, this study analyzes regulatory gaps, supervisory structures, and governance practices across several countries. The findings indicate that the dual authority model hampers regulatory effectiveness and undermines public trust in Sharia fintech. This study recommends an integrated governance framework through normative harmonization, the establishment of an OJK-DSN-MUI coordination platform, and the incorporation of fatwa provisions into formal regulations to strengthen legal legitimacy, ensure Sharia compliance, and enhance consumer protection. Study analyzes the transformation of fatwas into enforceable legal frameworks within the governance of Sharia fintech in Indonesia. Using a normative and comparative legal approach, this study examines the relationship between the regulations of the Financial Services Authority (OJK) and the fatwas issued by the National Sharia Council–Indonesian Ulema Council (DSN–MUI).
Copyright (c) 2025 Noer Purnama, Lies Sulistiani, Zainal Muttaqin https://creativecommons.org/licenses/by-sa/4.0
RELABELING BY INFLUENCERS IN THE DIGITAL MARKETPLACE
This research is a normative legal study using a case study approach that analyzes the legal and ethical implications of relabeling practices conducted by influencers in Indonesia. The problem arises from the case of Shella Saukia and Umama Scarf, in which original hijab products were resold after their brand labels were replaced with a private “SS” label without authorization. This practice poses serious legal concerns regarding consumer deception, violation of trademark rights, and unfair business competition in digital commerce. The study relies entirely on secondary data through library research, using primary legal materials such as Law Number 8 of 1999 on Consumer Protection, Law Number 20 of 2016 on Trademarks and Geographical Indications, and Regulation of the Minister of Trade Number 73 of 2015 on Mandatory Labeling on Goods. The analysis applies a normative qualitative method by correlating Indonesian positive law with principles of fiqh muamalah—particularly ṣidq (honesty), bayān (transparency), and ‘adālah (justice). The findings show that unauthorized relabeling violates consumers’ rights to accurate information, infringes trademark protection, and distorts fair market competition. From an Islamic legal perspective, such practices constitute tadlīs (deception), gharar (uncertainty), and ghasb (unlawful appropriation), all of which are categorically prohibited. As a comparative framework, this study also refers to the United States Federal Trade Commission (FTC) regulations, which strictly mandate truth-in-labeling and prohibit deceptive or unfair marketing practices. These standards provide valuable insight for strengthening Indonesia’s regulatory safeguards. The study concludes that harmonizing positive law, Islamic legal principles, and international best practices is essential to ensuring a fair, transparent, and ethical digital trade ecosystem.
Copyright (c) 2025 Shofa Robbani, Dinda Oktavia Bulan Fitriani, Muhammad Nazir Alias, Dwi Nur Laili, M. Iqbal Maulana; Yuni Salma Nur Afida; Amaliatus Sholihah https://creativecommons.org/licenses/by-sa/4.0
THE VALIDITY OF GOLD INSTALLMENT CONTRACTS IN ISLAMIC BANKS:
This study examines the dynamics of gold installment plans at Islamic banks with reference to the DSN-MUI fatwa as a legal basis, because this scheme attracts public interest as an alternative to sharia investment but still often causes uncertainty in the contract. The research method used is normative law of a qualitative nature and literature review, utilizing DSN-MUI Fatwa No. 77/DSN-MUI/VI/2010, contemporary fiqh literature, journal articles, and Islamic bank documents, which were analyzed using content analysis. The study revealed that the fatwa guarantees physical ownership of gold and the establishment of a fixed margin, but in practice, certificates are often issued without physical gold, margins are rarely explained transparently, and post-contract price fluctuations are not optimally accommodated. A comparison with contemporary fiqh scholars shows similarities in the principles of haqiqi, takhsis, and the prohibition of riba ‘uyuniyah, but the fatwa is less flexible regarding extreme price adjustments. An ideal operational model requires a gradual delivery mechanism, cost transparency, and customer protection in accordance with the maqashid syariah. Although the fatwa is consistent with Sharia principles, there is a gap between theory and practice that could potentially harm customers. Recommendations include the implementation of gradual physical delivery, transparent pricing, revision of fatwas related to market price references, and the development of bank SOPs to ensure Sharia compliance and asset protection.
Copyright (c) 2025 Hamdanil, Bagus Pria Alwadipa https://creativecommons.org/licenses/by-sa/4.0
PHILOSOPHICAL FOUNDATIONS FOR RESEARCH AND DEVELOPMENT OF SHARIA ECONOMIC LAW METHODOLOGY:
This study examines the philosophical dimensions in the development of Sharia economic law methodology by highlighting three main aspects: ontological, epistemological, and axiological. The purpose of this research is to formulate a methodological framework capable of integrating the normative Islamic sources based on divine revelation with scientific rationality and empirical perspectives within the discipline of economics. Methodologically, this normative-legal study employs a qualitative approach through a philosophical–integrative library research method. This approach involves a critical analysis of classical and contemporary literature on Islamic law, economic theory, and the philosophy of science, to formulate the relationship between spiritual and material realities, as well as between transcendental values and the empirical realities of the economy. Through this approach, the research is not only descriptive of the methodology of Sharia economic law but also constructive in formulating the direction for developing an adaptive Sharia economic law methodology in response to modern socio-economic dynamics. The findings show that, ontologically, Sharia economic law is rooted in the integration of spiritual and material realities; epistemologically, it combines revelation, rationality, and empirical understanding as the foundation of legal knowledge; and axiologically, it emphasizes justice, balance, and public benefit (maṣlaḥah) as its normative orientation. Thus, this study contributes to strengthening the philosophical foundation while providing a conceptual direction for the development of Sharia economic law methodology that is holistic, adaptive, and grounded in Islamic ethical values consistent with the maqāṣid al-sharī‘ah, ensuring its continued relevance to contemporary global economic challenges.
Copyright (c) 2025 Suaidi Suaidi, Muhamad Nasrudin https://creativecommons.org/licenses/by-sa/4.0
Legal Relationship between TikTok Affiliates and TikTok Sellers after the Enactment of Ministry of Trade Regulation No. 31 of 2023 under Sharia Economic Law
The existence of a legal relationship often underlies collaboration between parties, including between TikTok affiliates and TikTok sellers. The enactment of Ministry of Trade Regulation No. 31 of 2023 has changed the mechanism of TikTok's affiliate system, affecting the legal relationship between these parties. However, previous studies have not adequately explored the legal implications of these changes, particularly from the perspective of Sharia economic law. This study is a normative-empirical legal research employing a qualitative method and a juridical-sociological approach. Data were collected through observation, literature review, and interviews. The study distinguishes itself by combining doctrinal legal analysis with field-based empirical insights and by incorporating Islamic legal principles into digital commercial practices. The findings categorize TikTok affiliate mechanisms into two types. First, commission-based affiliates do not require prior approval from sellers, thus lacking a formal legal relationship. Second, affiliates who enter into cooperation contracts with sellers, which implies a legal relationship, although often weakened by the informal nature of these agreements. From the perspective of Sharia economic law, the first category aligns with a ju’alah contract, while the second involves a valid work-based contract. The study contributes new insights into the classification and legal strength of digital affiliate relationships under both state and Sharia law, especially in light of recent regulatory reforms
Copyright (c) 2024 Ryan Ivan Bahtiar, Bhismoadi Tri Wahyu Faizal, Akhmad Farid Mawardi Sufyan https://creativecommons.org/licenses/by-sa/4.0
URGENCY OF FINANCIAL RATIO SCREENING REGULATION FOR MSMEs CO-FUNDING ON SECURITIES CROWDFUNDING SERVICE
As of May 7, 2024, the securities crowdfunding cycle has facilitated the funding of 356 securities, comprising 231 equity securities, 20 debt securities, and 105 sukuk securities. Sukuk experienced an increase in the share of sharia securities funding with a percentage of 30%, up from 22% in 2023. This increase in funding was not accompanied by a specific, legally binding screening standard for sharia securities issuers in the securities offering mechanism. Financial Services Authority or Otoritas Jasa Keuangan (OJK) Regulation Number 35 of 2017 cannot be legally applied as a screening standard for this funding. This research employs a library research methodology with a socio-legal approach to examine this regulatory void. Primary data consists of OJK Regulation No. 35 of 2017 and OJK Regulation No. 57 of 2020, supported by secondary data on offering mechanisms, funding growth, and relevant literature. The study found a lack of specific regulations governing screening standards (core business and financial ratio) for Sharia securities in the SCF cycle. Currently, guidelines are often informally drawn from OJK Regulation No. 35 of 2017, which is legally inappropriate as it is intended for the public-company setting of the Indonesia Stock Exchange. The findings highlight the need for a specific regulation governing screening standards for securities crowdfunding funding. Adopting an economic approach to legal science, this study proposes the development of a specific OJK Regulation (POJK) that provides clear screening criteria and permanent legal consequences for issuers or publishers who violate the Sharia securities criteria.
Copyright (c) 2025 Kefi Miftachul Ulum, Adi Surya Fathoni; Lia Wilda Izzati Lia https://creativecommons.org/licenses/by-sa/4.0
Leveraging Qardhul Hasan Practices from Zakat Funds Through Maqasid Shariah: Lessons From Indonesia and Malaysia
This study examines the practice of qardhul hasan funded by zakat through the perspective of maqasid sharia, focusing on case studies in Indonesia and Malaysia. Qardhul hasan, defined as an interest-free loan, presents a promising method for effectively utilizing zakat funds; however, its implementation within the framework of Islamic law remains a subject of ongoing debate. A qualitative approach was employed, including content analysis and semi-structured interviews with experts in zakat and Islamic law. The findings indicate that maqasid sharia provides a strong foundation for implementing qardhul hasan, particularly in supporting post-pandemic economic recovery. It is crucial to establish clear parameters and guidelines to ensure that qardhul hasan practices adhere to sharia principles and achieve the goal of social justice. This research advances the current understanding of qardhul hasan by highlighting its potential impact on zakat management and economic recovery. Additionally, it encourages zakat policymakers and practitioners to focus on developing effective systems aligned with maqasid sharia and emphasizes the need for ongoing evaluation and trials to enhance zakat's role in societal welfare.
Copyright (c) 2024 Hisam Ahyani, Naeli Mutmainah, Nurul Ilyana Muhd Adnan, Ending Solehudin, Encep Taufik Rahman, Miftakhul Huda https://creativecommons.org/licenses/by-sa/4.0
Establishing Warehouse Receipts as Debt Guarantees in Indonesia’s Sharia Economic Law
This study addresses Indonesian farmers' challenges in accessing credit due to limited collateral options recognized by financial institutions. Farmers often struggle with capital access, as their agricultural products are not classified as eligible collateral under existing regulations. As a result, they cannot use their crops as collateral due to the absence of legal provisions. The research aims to answer two main questions: How can the position of Warehouse Receipts be recognized as a Debt Guarantee Right in Indonesian law? What is the execution power of Warehouse Receipt guarantees if the debtor defaults? This study analyzes the relevant laws and regulations using a normative juridical research method with a statutory approach. The findings reveal that Law No. 9/2006 (amended by Law No. 9/2011) established a legal framework for Warehouse Receipts, transforming them from proof of custody into evidence of property rights. This legal recognition enables Warehouse Receipts to be used as collateral, providing farmers an avenue to access credit. Furthermore, the study concludes that the execution of Warehouse Receipt guarantees is enforceable in cases of debtor default, offering enhanced legal certainty for creditors.
Copyright (c) 2025 Arvita Hastarini, Ariesta Wibisono Anditya, Elza Qorina Pangestika https://creativecommons.org/licenses/by-sa/4.0
Assessing The Regulation of Tiktok Shop by The Minister of Trade Through Maqashid Syariah
Integrating social media platforms in commercial activities introduces complex challenges, particularly in consumer protection, economic justice, and alignment with ethical and legal standards. This study aims to analyze the Minister of Trade’s regulation on TikTok Shop through the lens of Maqashid Syariah to assess its compatibility with Islamic moral values and legal principles. Adopting a qualitative research methodology utilizes a formal literature review and content analysis to examine the relevant provisions of the regulation. The findings indicate that current laws governing online commerce require further adaptation to better align with the principles of Maqashid Syariah, ensuring fairness, sustainability, and societal welfare in digital transactions. This research contributes to the ongoing discourse on strengthening the regulatory framework for online commerce, promoting ethical standards, and fostering a more equitable and sustainable business environment. The study also offers a foundation for policy development that supports the growth of online commerce in a manner that benefits all stakeholders while adhering to Islamic principles of justice and public welfare.
Copyright (c) 2024 Muhammad Rifky Pratama, Fatimah Piracha https://creativecommons.org/licenses/by-sa/4.0
Wanprestasi Akibat Keterlambatan Pengantaran oleh Kurir GoFood
This article examines the breach of contract issue related to delays in food delivery by GoFood couriers, a rapidly growing food delivery service in Indonesia. Despite the increasing popularity of such services, there is a significant research gap regarding the impact of delivery delays on customer satisfaction. This study aims to analyze the impact of delivery delays on customer satisfaction and identify the factors contributing to these delays. Using a case study analysis method explores specific instances of breach of contract due to delivery delays by GoFood couriers. The results indicate that delivery delays significantly negatively impact customers' perception of GoFood's service. Contributing factors to the delays include traffic conditions, order volume, and company policies. These findings provide valuable insights for GoFood and similar services to enhance delivery efficiency and customer satisfaction. The practical implications of this study include recommendations for improving delivery processes, courier training, and better communication with customers. This research contributes to understanding how delivery delays can affect brand image and customer satisfaction in the context of an evolving food delivery service. In conclusion, the corrective actions taken by the company can help improve service quality and minimize potential conflicts with customers.
Copyright (c) 2024 Slamet Eko Widodo, Fredy Gandhi Midia https://creativecommons.org/licenses/by-sa/4.0
Societal Behavior Towards Islamic Insurance: A Sociological and Anthropological Perspective on Sharia Economic Law
Islamic insurance has become a popular investment choice among Muslim communities, as it offers a means to mitigate future risks. The success of Islamic insurance companies is closely linked to the community's understanding of the importance of Islamic insurance. This study aims to identify and analyze the factors influencing societal behaviour towards Islamic insurance from a sociological and anthropological perspective on Sharia economic law. The analytical methods include data reduction, fact presentation, and conclusion drawing. The study's findings indicate that the most significant factor influencing the decision to adopt Islamic insurance is the level of understanding of Sharia principles, followed by the quality of the products. However, indicators such as premiums and promotional activities are less known among respondents, suggesting that insurance companies must enhance their efforts to promote Islamic insurance to the public. This research provides a deeper understanding of the factors influencing societal behaviour towards Islamic insurance and offers relevant recommendations for developing effective marketing strategies for Islamic insurance in Indonesia from both sociological and anthropological perspectives.
Copyright (c) 2024 Muh Anwar Nurhasan Rumaf https://creativecommons.org/licenses/by-sa/4.0
Productive Zakat and Economic Empowerment: Impact on Mustahiq Income at Darul Ilmi Islamic School
Despite its substantial zakat potential, economic inequality remains a significant challenge in Indonesia. This study examines the impact of productive zakat on the economic empowerment of mustahiq (zakat recipients) at the Modern Islamic Boarding School Darul Ilmi Indonesia. The research employs a mixed-method approach, combining quantitative income analysis before and after receiving zakat with qualitative insights from beneficiary interviews. The Wilcoxon signed-rank test results indicate a significant increase in mustahiq income post-zakat. This highlights the effectiveness of productive zakat in enhancing economic self-sufficiency. The study's novelty lies in its comprehensive evaluation of zakat's role in socio-economic upliftment within an Islamic educational context. These findings underscore the potential for replicating such models in similar institutions to mitigate economic disparities.
Copyright (c) 2024 Nurwahidin Nurwahidin, Dodik Gilang Islami, Ria Fauziah Salma, S. Salahudin Suyurno https://creativecommons.org/licenses/by-sa/4.0
Integrating Islamic Business Ethics in Labor Protection and Minimum Wage Determination in Indonesia
Policies related to the minimum wage are a contentious issue in employment across both developed and developing countries, aiming to meet community needs and benefit families. However, a research gap exists in applying justice and moral principles to wage determination from the perspective of Sharia economic law in Indonesia. This study aims to analyze fair wage components according to Islam and the role of business ethics in protecting workers and determining wages. Employing a literature review method, data were gathered from various sources such as books, journals, and previous research findings, which were reviewed and analyzed using descriptive analysis techniques. The study emphasizes the importance of justice and moral components in Islamic wage determination, rooted in the absolute essence granted by God, essential for morality. Business ethics in work protection and wage determination are crucial to ensure fair treatment and prevent exploitation. Recommended steps include optimal labor protection and wage determination, timely payment of agreed wages, recognition and guarantee of labor, fair wage determination without harm, and providing worker freedom. The study's novelty lies in integrating Islamic principles of justice and morality into minimum wage policies and developing practical business ethics guidelines for labor protection and wage determination under Sharia economic law in Indonesia.
Islamic Business Ethics, Labor Welfare, Determination of Labor UMR
Copyright (c) 2024 Muhammad Miftahul Ikhsan, Neni Nuraeni, Deffa Meiriyanti https://creativecommons.org/licenses/by-sa/4.0
The Impact of Delaying Mie Gacoan’s Halal Certification on Consumer Loyalty
This study aims to evaluate the impact of the delay in Mie Gacoan’s halal certification on consumer loyalty. The delay in halal certification can influence consumer perception and loyalty, yet there is limited research exploring its impact on the food industry in Indonesia. This study employs field research methods, using direct observation and a descriptive qualitative approach to collect and analyze data. The results indicate that most Mie Gacoan consumers know about the delay in halal certification. Despite this, consumers remain highly interested in visiting and purchasing Mie Gacoan products, as they trust that 100% of the raw materials used are safe and have been certified halal. These findings suggest that the delay in halal certification does not significantly affect purchase intentions and consumer loyalty. This research provides new insights into consumer responses to the delay in halal certification, demonstrating that consumer trust in the quality and safety of raw materials can mitigate concerns related to the delay, thus maintaining consumer loyalty to the product.
Copyright (c) 2024 Lukmanul Hakim, Imron Rosyadi, Almasah Farah Diah Setyawati https://creativecommons.org/licenses/by-sa/4.0
The Moderating Role of Shariah Compliance in Millennials' Adoption of Digital Financial Transactions at Bank Muamalat
This study aims to analyze the moderating role of Sharia compliance in influencing the relationships between attitude, subjective norm, and perceived behavioral control variables towards the adoption of digital Islamic networks in financial transactions. Questionnaires were distributed to 204 respondents, and the data were analyzed using a regression approach with SmartPLS version 4 software, then interpreted through the Theory of Planned Behavior (TPB) concerning Sharia compliance. The results indicate that Sharia compliance and perceived behavioral control play a central role in shaping individual behavior in financial transactions. However, Sharia compliance has not been able to moderate attitude, subjective norm, and perceived behavioral control towards the adoption of digital Islamic networks. This suggests that Sharia compliance does not significantly influence how individuals form attitudes, subjective norms, or perceived behavioral control regarding the adoption of the technology. The study suggests that the paradigm shift in financial transactions within the Islamic community should encompass efficiency, transparency, and innovation in accordance with Sharia principles. These findings illustrate a fundamental shift in the convergence of religious values and advancements in financial technology. This study contributes pioneering insights to the literature, focusing on Sharia compliance. It introduces Sharia compliance as a significant moderating factor impacting perceived behavioral control and the adoption of digital Islamic networks.
Sharia Compliance; Theory of Planned Behavior; Adoption of Digital Islamic Network; Millennial Generation.
Copyright (c) 2025 Muh Irsyam, Syaparuddin, Sitti Nikmah Marzuki, David E Strech https://creativecommons.org/licenses/by-sa/4.0
Productive Zakat and Women's Empowerment for Inclusive Economy: Sharia Economic Law And Social Fiqh in Indonesia
Women significantly contribute to the national economy through their Micro, Small, and Medium Enterprises (MSMEs) roles. However, they face inadequate support from government and private sectors in accessing formal financial services. This research addresses the gap in gender-inclusive financial support by exploring the potential of productive Zakat within the framework of Sharia Economic Law in Indonesia and social fiqh. The study aims to evaluate how productive Zakat can mitigate gender inequality and promote economic inclusion for women. A qualitative methodology with a normative approach was employed to address this issue, utilizing the social fiqh paradigm for analysis. As a legal product, the findings reveal that fiqh evolves with societal changes. Social realities, such as the discrimination women face in accessing financial resources, necessitate the adaptive allocation of Zakat. Precisely, dedicating Zakat to women reflects their unique economic challenges and highlights the need for specialized management structures to distribute productive Zakat effectively. This study contributes to the existing literature by demonstrating the practical application of Sharia Economic Law in Indonesia and social fiqh in addressing contemporary gender disparities in economic participation. The novelty lies in proposing a structured and professional management system for productive Zakat to empower women, fostering economic inclusivity.
Copyright (c) 2024 Chuzaimatus Saadah, Az Zahra Aulya Salsabila, Dwi Khalimah https://creativecommons.org/licenses/by-sa/4.0
Sharia Economic Law in The Islamic Capital Market: Factors Influencing Selection and Decision-Making
Investment is a compelling topic, especially in the capital market context. In Indonesia, which has the largest Muslim population in the world, the Islamic capital market plays a significant role in economic development under Sharia economic law. However, many Muslim investors still use conventional investment accounts, indicating a gap in understanding and adherence to Sharia principles. This study aims to examine the behavior of Muslim investors in making investment decisions based on Sharia principles and the factors influencing these decisions. This research employs a literature review method, with data from various journals, books, documentation, and internet sources over the past five years. The findings reveal that perceived behavioral control significantly influences investor decision-making, and attitudes toward perceived risk also impact investment decision-making. This study identifies a gap in the literature regarding Muslim investors' understanding of Islamic investment products and contributes new insights by integrating behavioral investment analysis with adherence to Sharia principles. These findings are expected to provide practical recommendations for developing the Islamic capital market in Indonesia and enhance Muslim investors' awareness and understanding of the importance of Sharia-compliant investments under Sharia economic law.
Copyright (c) 2024 Ali Hardana, Dzulasjastri Abdul Razak, Windari Windari, Halima Tussadiah, Elga Nasution https://creativecommons.org/licenses/by-sa/4.0
Strengthening Sharia Economic Law in Indonesia: Challenges and Strategic Approaches Amidst Global Economic Dominance
In the current context of economic globalization, Indonesia's Sharia-based economic system faces significant challenges in developing itself amidst the dominance of capitalist and socialist economic systems. This article aims to analyze the challenges faced by Indonesia's Sharia-based economic system and explore the maslahah mursalah approach as a conceptual framework to address these challenges. Through this approach, the article presents several strategic steps to strengthen the position of Sharia economics in Indonesia, including efforts to maintain the identity of Sharia economic law in a global environment dominated by capitalism, gathering empirical evidence on the advantages of Sharia economics, and increasing dialogue and collaboration between the academic community and practitioners of Sharia economics. This study fills the research gap by providing empirical comparative studies on the advantages of Sharia economics over capitalist and socialist systems, offering strategic solutions for practical implementation, and emphasizing the importance of academic-practitioner collaboration. This research's novelty is applying the maslahah mursalah conceptual framework, strategically reinforcing Sharia economic law identity, and enhancing academic-practitioner interaction. This article contributes to understanding the potential and challenges of developing Sharia economic law in Indonesia, offering new perspectives and concrete steps to strengthen Sharia economics in a dynamic global context. The findings enrich theoretical discussions and provide practical solutions to bolster the Sharia-based economic system amidst the prevailing global economic paradigms.
Copyright (c) 2024 Adinda Yuliana Musthofa, Fayiz Afif, Karimuddin Karimuddin https://creativecommons.org/licenses/by-sa/4.0
Unraveling Cultural Practices and Sharia Economic Law in The Seaweed Trading System Of Kuala Stabas, Lampung
Buying and selling are essential economic activities integral to fulfilling daily needs. In the community of Kuala Stabas, Pesisir Barat Regency, Lampung, Indonesia, a unique system for trading seaweed using plastic bags without prior weighing is prevalent. The legality of this system under Sharia economic law remains unclear. This study aims to address this research gap by evaluating the legitimacy of the seaweed trading system using plastic bags from the perspective of Sharia economic law while also examining the local wisdom inherent in the practices of the Lampung community. This field research employs a qualitative descriptive approach, gathering primary data through interviews with key informants and supplementing it with secondary data. The uniqueness of this study lies in its in-depth analysis of local practices that have been scarcely studied. Findings indicate that the practice of trading seaweed using plastic bags in Kuala Stabas is lawful and permissible under Sharia economic law, as it aligns with the principles, requirements, and conditions of trade in Sharia, including Aqidain, Sighat (ijab qabul) and Ma'qud 'alaih. This research significantly contributes new insights into the local trading dynamics within the framework of Sharia economic law, enriching the existing literature and providing a foundation for further research.
Copyright (c) 2024 Hervin Yoki Pradikta, Rawan Ba Wazier, Yenda Nofika, Hasanuddin Muhammad https://creativecommons.org/licenses/by-sa/4.0
Sharia Economic Law Analysis of Mud Bathing in Tiktok Live as Online Begging (Maqashid Syariah Approach)
The phenomenon of live mud bathing content on TikTok has stirred controversy, being perceived as a manifestation of online begging. TikTok’s live streams attract significant viewership, allowing some participants to earn substantial sums in a single session. However, this practice raises ethical concerns and conflicts with the principles of Maqashid Sharia, particularly in upholding human dignity and avoiding harm. This study aims to systematically analyze the issue through the perspectives of Sharia Economic Law and Maqashid Sharia. The research synthesizes relevant references from scholarly books and journals using a literature review methodology. The analysis indicates that live mud bathing content on TikTok primarily results in financial losses rather than benefits for Indonesian viewers. Furthermore, the study proposes recommendations for the Minister of Religious Affairs to ensure that TikTok content in Indonesia adheres to educational standards and local regulations. The novelty of this research lies in its application of Sharia Economic Law and Maqashid Sharia principles to analyze a contemporary digital ethics issue. This study contributes to the discourse on Islamic jurisprudence and digital media ethics by critically evaluating the ethical dimensions of live mud bathing on TikTok. The findings underscore the need for regulatory measures and moral guidelines to mitigate the negative impact of such content, ensuring alignment with societal values and religious principles.
Copyright (c) 2024 Luthfiyah Dewi Masyithoh, Dwi Putra Amrah, Imron Musthofa https://creativecommons.org/licenses/by-sa/4.0
Penafsiran Konsep Konten Youtube sebagai Bentuk Aset yang Bisa Diikat oleh Fidusia Dalam Tinjauan Hukum Ekonomi Syariah
The government currently supports creative business actors by providing facilities for designing intellectual property rights financing, with the aim of enabling creative entrepreneurs, especially YouTubers, to use their YouTube channel copyrights as collateral through financial institutions such as banks and non-banking institutions. This research discusses the legal regulations related to copyright that apply to YouTube channels as objects of fiduciary guarantees and identifies the obstacles in making YouTube channels eligible for such guarantees. The study uses a normative legal research approach, supported by a literature study. The research methodologies include the statutory approach, conceptual approach, and Sharia economic law analysis. Secondary data was obtained through library research. The findings from the literature review conclude that YouTube channel copyrights have the potential to be used as objects of fiduciary guarantees in accordance with the provisions set forth in Article 16 of Law Number 28 of 2014 on Copyright, Law Number 42 of 1999 on Fiduciary Guarantee, and Government Regulation Number 24 of 2022 on the Provisions for the Implementation of the Creative Economy.
Copyright (c) 2023 Febry Wahyu Nurcahyo https://creativecommons.org/licenses/by-sa/4.0
Konsep Kebikan Moneter dalam Perspektif Hukum Ekonomi Syariah
Monetary policy in Islamic economic law is a key branch of economic studies that focuses on understanding the nature, functions, and impacts of monetary actions on the economic activities of a nation. In Islamic economics, monetary policy is not solely concerned with the supply and demand of money but also integrates principles of justice, equity, and brotherhood, aiming for equality and the fair distribution of wealth and income. This article adopts a qualitative research approach, with data analysis conducted through descriptive analysis. Descriptive analysis is used to present the research findings clearly, based on the evidence gathered. The findings indicate that monetary policy plays a vital role in maintaining economic stability by ensuring a balanced distribution of money within the economy. When the circulating money supply is not proportional to the amount of goods and services available, it can disrupt economic stability. This study highlights that in Islamic economic law, the balance between money supply and the production of goods and services is crucial for preventing economic instability and ensuring equitable wealth distribution.
Kata Kunci: Kebijakan Moneter, Perspektif Ekonomi islam
Copyright (c) 2023 Dini Abdianti, Anisa Restu, Sholahuddin Al ayyubi https://creativecommons.org/licenses/by-sa/4.0
Normalisasi Pembajakan Buku di Era Teknologi Digital
Piracy facilitated by digital technology has become increasingly prevalent due to the lack of awareness among perpetrators regarding the responsible use of digital tools. The rapid advancement of technology has made it easier for individuals to engage in piracy, particularly through digital media. This type of piracy often involves websites or platforms that provide plagiarized works. One of the most common forms of piracy in the digital era is the piracy of electronic books (e-books). In Indonesia, book piracy is a widespread issue, with pirated content ranging from partial to full copies of books. The growing perception that using pirated books is acceptable, particularly when they are offered at lower prices, has contributed to the proliferation of this practice. The findings of this study highlight the significant role of digital platforms in the distribution of pirated e-books, revealing that the ease of access and the economic motivations behind using pirated books are major factors driving this phenomenon. The study also identifies a lack of awareness about the legal and ethical implications of piracy, as well as the challenges in enforcing copyright laws in the digital age.
Copyright (c) 2023 Qurrotul Uyun https://creativecommons.org/licenses/by-sa/4.0
Pengaruh Efektivitas Dana Pihak Ketiga, Resiko Pembiayaan, Rasio Efisiensi, dan Kecukupan Modal Terhadap Profit Distribution Management Bank Umum Syariah di Indonesia Periode (2017-2020)
This research is a quantitative study with a correlational approach, focusing on Islamic commercial banks in Indonesia registered with the Financial Services Authority (OJK). The sampling method used was purposive sampling, selecting 11 Islamic commercial banks in Indonesia as the sample. The study employs secondary data obtained from quarterly financial reports covering the period from the first quarter of 2017 to the third quarter of 2020. Data analysis is conducted using panel data regression with EViews 10 software. The findings reveal that capital adequacy, the effectiveness of third-party funds, financing risk, and efficiency ratios collectively influence the profit distribution management of Islamic commercial banks in Indonesia for the 2017-2020 period. Specifically, capital adequacy and efficiency ratios have a positive effect on profit distribution management, while the effectiveness of third-party funds and financing risk have a negative effect. The coefficient of determination test shows that these variables collectively explain 99.9% of the variation in profit distribution management.
Copyright (c) 2023 Mela Carisa https://creativecommons.org/licenses/by-sa/4.0
Implementasi Multi Akad (Hybrid Contract) pada Pembiayaan Murabahah Bank Syariah
This study aims to explore the types of transactions in Islamic banks that utilize Multi Akad (Hybrid Contracts) within the framework of Islamic Economic Law (fiqh mu'amalah). Hybrid Contracts, or Multi Contracts, are combinations of several contracts in a single transaction (mujtami') or multiple reciprocal contracts (mutaqabil). These contracts represent an Ijtihad (juridical effort) designed to support the products of Islamic banks and other Islamic financial institutions, enabling them to conduct transactions in compliance with Islamic law. A qualitative descriptive method was employed in this research, with data collected from leaders and employees of Islamic bank branches in Parepare, Makassar, and Jakarta via mobile communication. Secondary data was gathered through literature review. The findings indicate that the use of Multi Akad (Hybrid Contracts) is most prevalent in Islamic bank murabaha financing transactions. In these transactions, the Murabahah contract is typically combined with a wakalah contract, resulting in a Murabahah bil Wakalah (Hybrid Contract).
Islamic Bank, Murabahah Financing, Murabahah bil wakalah contract (Hybrid contracts).
Copyright (c) 2023 Inyoman Budi Ono https://creativecommons.org/licenses/by-sa/4.0
Pelaksanaan Transaksi Jual Beli Tanah dengan Sistem Perantara (Makelar) Berdasarkan Peraturan Menteri Perdagangan Nomor 51 Tahun 2017 tentang Perusahaan Perantara Perdagangan Properti
This study aims to know and analyze the process of implementing land sale and purchase using a broker based on the regulation of the minister of trade number 51 of 2017 concerning property trading companies and to find out and analyze the legal responsibilities of the parties if there are legal problems in the future land sale and purchase transaction in Wates sub-district, Kulon Progo Regency. His research methods are empirical juridical based on primary data as well as secondary data. The results showed that based on primary data from interviews with individual brokers in Kulonprogo, it is known that in principle in the process of buying and selling property with the intermediary of brokers, which are individuals or individuals, most of the procedures are almost the same as the processes applied to companies incorporated in the Regulation of the Minister of Trade Number 51 of 2017. It can be seen that the procedure is that the broker generally makes an oral agreement, followed by a written agreement which is generally underhand, providing the choice of location needed by the buyer, verifying data from the landowner to check the authenticity of land ownership; assist the process of transactions with sellers when buyers are interested in buying the desired location; then the broker and seller bring land data to be transacted at the PPAT Notary; Further about the legal responsibility of the parties in the event of legal problems in the land sale and purchase transaction in the future, namely, brokers, and service users should make contracts that affirm the rights and obligations of the parties, in addition to affirming the legal responsibilities that must be borne by the parties in the event of adverse defaults in the future.
Keywords: buying and selling land, realtor, land
Copyright (c) 2023 Asma Karim https://creativecommons.org/licenses/by-sa/4.0
Multi Akad pada Praktek Arisan Online untuk Pembelian Jam Tangan (Studi Kasus Akun Instagram Safa.Watch12)
This study aims to analyze the Islamic law perspective on online gatherings for purchasing watches, using a case study of the Instagram account @safa.watch12. The research is field-based (Field Research). The findings reveal that, under Islamic law, the validity of the arisan (community-based savings group) is upheld if the goods received are in accordance with the stipulated provisions, such as the Alexandre Christie watches. However, the arisan law becomes invalid if the watches are replaced with another brand, especially when participants are unwilling, as the terms of the arisan prohibit resignation. Participants must receive the watches agreed upon at the time of the social gathering, and any discrepancy between the received goods and the original deposit violates the conditions, as the funds collected are specifically designated to purchase only Alexandre Christie brand watches.
Keywords: Arisan Online, Buy and Sell, Islamic Law
Copyright (c) 2023 Dina Nopiyana https://creativecommons.org/licenses/by-sa/4.0