IMPLEMENTATION OF THE CONCEPT OF AL-'UQÛD AL-MURAKKABAH ON SHARIA FINANCIAL INSTITUTIONS
Journal Title: Journal of Economicate Studies - Year 2017, Vol 1, Issue 1
Abstract
This paper is intended to analyze philosophically about the existence of al-'Uqûd al-Murakkabah. This paper focuses its assessment on the opinions of scholars of hadith and fiqh (muamalah), as well as its application in Sharia Financial Institutions. This assessment is important because transactions in the form of a single contract are incapable of responding to the development of contemporary financial transactions that are always in motion and are influenced by the financial industry both nationally, regionally and internationally. Using qualitative methods and literature studies in this study it can be concluded that, first, fiqh muamalah contemporary in hadith traditions related to hybrid contract model there is a ban of two contracts in one transaction (bai'ataini fi bai'atin), ban two agreements in one The agreement (shafqa taini fi shafqatin) and the prohibition of the sale and purchase agreements and the ordering of goods (bay 'and salaf); second, the use of hybrid contracts at the Sharia Financial Institution is directed to the manufacture of al' Uqud al-Mutaqâbilah (Dependent or Conditional Contract).
Authors and Affiliations
Atep Setiadi
Keywords
Related Articles
- EP ID EP447791
- DOI 10.32506/joes.v1i1.6
- Views 103
- Downloads 0
THE REVIEW OF OPENING PROCEDURES OF SHARIA BASED SAVING IN SHARIA FINANCIAL SERVICES COOPERATION BMT MITRA SADAYA BRANCH OF PURWAKARTA
This article describes the variation of syariah savings in the institution of the temple al-Maal wa al-Tamwil (BMT) Mitra sadaya. The approach used in this study is a qualitative approach and the type of data used in thi...
PRODUCT INNOVATION OF SHARIA FINANCIAL INSTITUTION: THEORY REVIEW
Competitions in the financial industry are so tight that sharia banks can no longer simply rely on standard products to attract the public. The development of sharia banking products and services should not merely 'imita...
IMPLEMENTATION OF THE CONCEPT OF AL-'UQÛD AL-MURAKKABAH ON SHARIA FINANCIAL INSTITUTIONS
This paper is intended to analyze philosophically about the existence of al-'Uqûd al-Murakkabah. This paper focuses its assessment on the opinions of scholars of hadith and fiqh (muamalah), as well as its application in...
HYBRID CONTRACT ACCORDING TO SHARIA ECONOMIC LAW
Sharia law is charged with guiding how to conduct economic activities in order to be safe and happy to the afterlife. Sharia economic activities especially in sharia financial institutions are increasingly varied followi...
DETERMINATION OF PRICE AND CUSTOMER SATISFACTION
Price policy or a value can affect the human mindset, considering its activities by using logic including in considering its needs as a customer of a product. a person or customer will choose which product performance is...