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.
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
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
Implementation of Musharakah Contract in Financing Products Working Capital at Bank Panin Dubai Syariah Branch Makassar
The development of the Islamic finance industry continues to experience good the choice of Islamic financial products is increasingly diverse. Sharia bank financing products consist of buying and selling, leasing, and profit-sharing schemes. Financing in Islamic banks is still dominated by consumptive financing with Murabaha contracts. Islamic banks have financing products with profit-sharing schemes that can be used for productive financing. This study aims to describe the application of musyarakah contracts in working capital financing at Bank Panin Dubai Syariah Branch Makassar. As well as outlining the application of the musyarakah contract in conformity with sharia principles. The research method used is qualitative research with field research, related to musyarakah contract financing for working capital at Bank Panin Dubai Syariah Makassar. The data sources used are primary data, data obtained directly by interviews, and secondary data from data previously presented. Data collection techniques by direct interviews with parties related to musyarakah financing and through documentation from several relevant sources. The data analysis technique used is descriptive qualitative which describes the application of musyarakah contracts in working capital financing at Bank Panin Dubai Syariah. The study results show that applying a musyarakah contract for working capital is adjusted to the type of business owned by the customer. Financing intended for a project provided that both the bank and the customer contribute capital to run a business project with profits divided according to the capital contribution portion (nisbah). The application of the musyarakah contract for working capital financing at Bank Panin Dubai Syariah branch Makassar is by Sharia principles.
Bank Panin Dubai Syariah Branch Makassar
Copyright (c) 2023 Alya Auliah, Saharuddin Saharuddin, Trimulato Trimulato https://creativecommons.org/licenses/by-sa/4.0
Community Economic Empowerment Through Infaq and Shadaqah in LAZISMU Cirebon Regency Sharia Economic Law Perspective
This study examines the role of infaq and sadaqah in community economic empowerment, specifically focusing on how these practices contribute to the economic welfare of individuals, particularly those with disabilities. Infaq refers to the management or distribution of assets to fulfill needs that are pleasing to Allah SWT, while sadaqah involves the voluntary donation of assets or non-assets, beyond zakat, for the benefit of society. The research employs a qualitative approach utilizing a phenomenological method, with data collection through observation, interviews, and documentation. The findings indicate that the economic empowerment of communities through infaq and sadaqah is achieved by supporting Micro, Small, and Medium Enterprises (MSMEs) owned by individuals with disabilities, whether these businesses are established or non-existent. The economic impact of this initiative is significant, as it provides financial assistance to vulnerable groups. A review of Shariah economic law confirms that community economic empowerment through infaq and sadaqah aligns with Islamic principles, including the principles of monotheism, justice, honesty, truth, public interest (al-maslahah), and goodness, all of which are in harmony with the tenets of Shariah economic law.
Economic Empowerment, Infaq and Shadaqah, Sharia Economic Law.
Copyright (c) 2023 Umdah Aulia Rohmah https://creativecommons.org/licenses/by-sa/4.0
Exploration of Maqasid Al-Shariah Concepts in The Development of Islamic Economic Policies
This study examines the concept of maqasid al-shariah in the context of Islamic economic policy development, emphasizing its understanding, implementation in policy, and evaluation of its impact on society and welfare. The research employs a literature review method, conducting a comprehensive analysis of relevant sources across various disciplines. The findings indicate that maqasid al-shariah serves as a moral compass within Islamic economics, providing a foundation for a just, sustainable, and ethical economy. Its implementation requires the establishment of robust Islamic financial institutions, the regulation of economic activities in accordance with Islamic law, and the preservation of moral values in business practices. The evaluation of its impact underscores the significant role of Islamic economics in safeguarding the core objectives of protecting religion, property, life, intellect, and lineage. This study highlights the ongoing relevance of maqasid al-shariah as a guiding framework for Islamic economic policies, offering a bridge between theoretical principles and practical applications to foster a more just and ethical society.
Copyright (c) 2023 Suud Sarim Karimullah https://creativecommons.org/licenses/by-sa/4.0
Implementasi Kaidah Muamalah pada Percetakan CV. Nekad Romo untuk Meningkatkan Kualitas Karyawan
This study is to provide exposure or results of the implementation of Islamic business ethics in an effort to improve employee performance in one's business. This study uses descriptive qualitative methods to determine the perspective of Islamic values in the implementation of Islamic business ethics in employee performance. The object or place taken in this research is World Romo Romo which is engaged in the Romo and advertising business at Jalan Terong Metro Timur Address, Metro City. Data taken using primary data obtained from interviews with business owners, employee representatives and customer representatives by testing the validity of the data using triangulation. Data collection techniques through interviews, observation, and also documentation.
Copyright (c) 2023 Singgih Prayogo, Nawa Angkasa https://creativecommons.org/licenses/by-sa/4.0
Analisis Faktor Penyebab Runtuhnya BMT LRisma dan Bmt SSB Lampung Timur: Studi UU No. 4 Tahun 2023 tentang Penguatan Sektor Keuangan
The existence of BMT in the Indonesian economy is needed, because of the purposethe establishment of BMT is to improve the quality of economic business for welfaremembers in particular and society in general, who have not been reached by the InstitutionBanking Finance. BMT (Bait al-Mal wa at-Tamwil) can also be used asalternative for the prohibition of usury in conventional bank interest, sothe desire of Muslims to be able to carry out financial transactions with Islamic nuanceshas been fulfilled. The research objective is to understand the factors that cause itthe fall of BMTs in East Lampung, namely BMT L-Risma and Sumber Sejahtera Bersama(SSB) and to find out how the status of legal entities and supervisionBMT with the Law no. 1 of 2013 concerning Financial InstitutionsMicro. This research is a field research (Field Research). data source whichused in this study include primary, secondary and tertiary data sources. Methoddata collection namely observation, interviews and documentation. Overall analysisthe problem that the writer got was then analyzed using inductive thinking methods. The results of the study are as follows (a) The factors that led to its downfallBMTs in East Lampung are BMT L-RISMA and BMT Sumber Sejahtera Bersamacaused by 2 factors, namely internal factors including, such as misuse of BMT funds,Bad 3rd party financing, liquidity risk, financing risk, no LPSand DPS supervision is still weak. External factors include product distributionnot quite right, the product marketing strategy is not good, there is still financingwith Conventional Banks and (b) BMT Legal Entity Status in Law No1 of 2013 to become a sharia-based MFI that is more comprehensive and deepin terms of tighter supervision which is now supervised by the Financial Services Authority(OJK).
Copyright (c) 2023 Zainal Arifin https://creativecommons.org/licenses/by-sa/4.0
Praktik Khiyar pada Jual Beli Tiket Transportasi dalam Tinjauan Hukum Ekonomi Syariah di Mandailing Natal
Khiyar is defined in Islamic teachings as a form of option right given by the seller to the buyer to continue or cancel a sale and purchase transaction with the aim of causing pleasure so that a sense of satisfaction is created between the two parties and there is no dispute in the future. Sometimes buyers feel dissatisfied with the goods being traded due to unknown problems that require the buyer to cancel purchases made previously, as was the case in buying and selling transportation tickets in Mandailing Natal Regency. This research is a field research with an analytical descriptive approach, namely describing the phenomena that occur and then analyzing it so that the results of the research are obtained. The results of this study can be concluded that the practice of khiyar in buying and selling transportation tickets in Mandailing Natal Regency is not fully in accordance with the principles of Islamic teachings, even though the khiyar provisions regarding ticket cancellation have been stipulated in the ticket, the provisions are not yet in accordance with the concept of muamalah and the provisions are not conveyed to the buyer ticket when a sale and purchase transaction occurs.
Copyright (c) 2023 Asrul Hamid https://creativecommons.org/licenses/by-sa/4.0
Peran Zakat sebagai Pendorong Multiplier Ekonomi
The number of poor Muslim people always increases. Education and income gaps are regarded as the cause of the poor getting poorer and the rich get richer. It is the responsibility of Muslims to help each other to alleviate poverty through performing and empowering the zakat. Zakat plays an essential role in the economy, especially in reducing poverty. The existence of zakat will increase aggregate demands from mustahiq raise; then it will increase aggregate supply and employment. This is known as an economic multiplier. The well-managed zakat will bring about the great benefit of zakat in the economy, especially in overcoming the poor.
Copyright (c) 2023 Ali Hardana https://creativecommons.org/licenses/by-sa/4.0
Anomali Kewenangan LPKSM dalam Mengajukan Gugatan Perlindungan Konsumen di Indonesia
Consumer protection is a crucial element in the concept of the rule of law in countries like Indonesia. Regulations regarding consumer protection are outlined in Law No. 8 of 1999 on Consumer Protection, along with Government Regulation No. 89 of 2019, which amends Government Regulation No. 59 of 2001 on Consumer Protection Organizations (Lembaga Perlindungan Konsumen Swadaya Masyarakat - LPKSM). Indonesia has established LPKSM as a non-governmental organization tasked with providing consumer protection services to the public. This institution is granted various powers through the Consumer Protection Act (UUPK). However, the issue arises regarding the authority of LPKSM to file lawsuits in court related to consumer protection. This research utilizes a normative legal research method. The findings reveal that the role of LPKSM in advocacy is not clearly defined, particularly whether it involves providing legal services similar to those of an advocate in court. However, based on the provisions in the Government Regulation regarding LPKSM, its role is limited to assisting consumers in filing complaints, as legal services are only provided to those who are legally qualified as advocates, as stated in Article 1, Paragraph 2 of Law No. 18 of 2003 on Advocates.
Copyright (c) 2023 Muhammad Zulhidayat https://creativecommons.org/licenses/by-sa/4.0