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All Journal MIQOT: Jurnal Ilmu-ilmu Keislaman Islam Realitas: Journal of Islamic & Social Studies SAMARAH: Jurnal Hukum Keluarga dan Hukum Islam Pendas : Jurnah Ilmiah Pendidikan Dasar EKONOMIKA SYARIAH : Journal of Economic Studies Al Hurriyah : Jurnal Hukum Islam Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah jurnal syntax admiration Legal Protection for the Partnership Agreement Parties Islam Realitas: Journal of Islamic and Social Studies EKONOMIKA SYARIAH : Journal of Economic Studies
Iiz Izmuddin
Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi
Religion Aerospace Engineering Arts Humanities Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Computer Science & IT Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics Social Sciences Other

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Journal : SAMARAH: Jurnal Hukum Keluarga dan Hukum Islam

 1 
The Legitimation of Religion in Profit Seeking: The Role of National Shari‘āh Division of The Indonesian Muslim Council (DSN-MUI) Iiz Izmuddin; Euis Amalia; Mohamad Abdun Nasir; Farid Muttaqin
Samarah: Jurnal Hukum Keluarga dan Hukum Islam Vol 7, No 2 (2023)
Publisher : Islamic Family Law Department, Sharia and Law Faculty, Universitas Islam Negeri Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/sjhk.v7i2.15835

Abstract

Religious legitimacy is a potent means of achieving one's objectives, including the pursuit of economic benefits. This is how Islamic financial institutions employ the fatwa of the National Sharia Council (DSN-MUI) in their operations. Nonetheless, this objective is often in conflict with the noblest religious ideals of justice, equality, and humanity. This paper aims to explain how the DSN-MUI fatwa acquires religious legitimacy, as well as the repercussions of granting this legitimacy to the public that utilizes Islamic financial institutions. The collected data consists of the texts of DSN-MUI fatwa from 2000 to 2021 as well as the results of interviews with DSN-MUI practitioners of Islamic economics, and pertinent academicians. The data is then descriptively and critically analyzed. The findings of the study suggest that there are three fatwa issued by the DSN-MUI that legitimize profits gained by Islamic financial institutions. However, this method may violate significant religious norms. This paper also concludes that competition between conventional and Islamic financial institutions is a significant factor in the emergence of this legitimacy.
Co-Authors Amsah Hendri Doni Anne Putri Asyari Asyari Asyari Asyari Asyari Asyari Awaluddin Awaluddin Awaluddin, Awaluddin Euis Amalia Farid Muttaqin Guraida Guraida Gusril Bashir Hesi Eka Puteri Hidayatul Arief Irvan Nanda Mohamad Abdun Nasir Pendi Hasibuan Rahayu Ningsih Rezkina Hayati Rika Widianita Rina Anggraini Rusyaida Rusyaida Rusyaida Rusyaida Vewi Julita Yenty Astari Dewi Yuwarman Mansur