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All Journal Review of Islamic Economics and Finance
Muhammad Kamal Muzakki
Rumah Amal Salman
Economics, Econometrics & Finance

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Views on the Utilization of Non-Halal Assets Firmansyah Firmansyah; Aas Nurasyiah; Suci Aprilliani Utami; Ripan Hermawan; Muhammad Kamal Muzakki; Romi Hardiansyah
Review of Islamic Economics and Finance Vol 5, No 1 (2022): Review of Islamic Economics and Finance : June 2022
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/rief.v5i1.44837

Abstract

Purpose – This paper aims not to legalize the practice of unlawful muamalah transactions, but the real purpose is what to do if someone has already made unlawful transactions and generates wealth from the practice of unlawful muamalah transactions, what is the solution to repentance in Islam, so as not to repeat muamalah transactions illegal in the future.Methodology - This paper uses a qualitative method in the form of library research. Literature study is a technique of collecting data by examining books, literatures, articles and research reports that have to do with the problem being solved. Thus, this study will limit its activities only to library collection materials without conducting field researchFindings - The conclusion of this paper is that if the illicit assets resulting from transactions that are not mutually pleased and the whereabouts of the transaction partners are known, it must be returned or their consent is requested, while if the whereabouts of the transaction partners are not known, the assets are donated to the poor on behalf of the owner of the goods/money legitimate.Keywords: Non-Halal Assets, Muamalah Haram, Utilization of Non-Halal Assets, Repentance
The Impact of Inflation on Zakah Firmansyah Firmansyah; Aas Nurasyiah; Muhammad Kamal Muzakki; Romi Hardiansyah
Review of Islamic Economics and Finance Vol 4, No 1 (2021): Review of Islamic Economics and Finance (RIEF) June 2021
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/rief.v4i1.34783

Abstract

AbstractPurpose - This paper aims to reveal how the impact of inflation on zakah can reduce the actual value of zakah collected, study the fiqh about zakah distribution, and apply zakah fund reserves funds not distributed entirely.Methodology - The method used is qualitative with the form of library research (library research). This paper concludes that inflation impacts zakah acceptance; that is, the amount of zakah collected is reduced. The management of zakah by the state in some of the scholars’ reviews turns out to have a more significant positive impact than if zakah is distributed individually by muzaki.Findings - The rule regarding zakah funds reserves, in distributing zakah during the time of the Prophet ﷺ is never to delay the distribution of zakah, the zakah received is then distributed to the asnaf, so that the nature of zakah distribution during the time of the Prophet ﷺ is immediately and distributed without remainder.Keywords: Inflation, Zakah, Zakah Funds Reserves.
Co-Authors Firmansyah Firmansyah Nurasyiah, Aas Ripan Hermawan Romi Hardiansyah Utami, Suci Aprilliani