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All Journal Al-Tafaqquh: Journal of Islamic Law
St Samsuduha
Universitas Muslim Indonesia
Religion Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

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Memahami Konsep Khiyar Sebagai Nilai Etika Bisnis Kontemporer St Samsuduha; Ardi Ardi
Al-Tafaqquh: Journal of Islamic Law Vol 3, No 1 (2022): January
Publisher : Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33096/altafaqquh.v3i1.158

Abstract

This paper reviews the specific concept of khiyar as one of the values of business ethics as prescribed in Islam. A contemporary business that tends to be free must be filled with ideal concepts related to business ethics. The concept of khiyar in Islam is essential to understand the understanding of the Muslim generation who will enter the business world, which is currently carried out openly. This study concludes that business ethics is an essential moral foundation to be put forward in business. In it, many ideal principles are problematic for humans who apply them. The ideal principles include the values of independence, fairness, profit, and moral integrity. Islam strongly dictates doing a profitable business. Therefore, in Islamic law, the term khiyar is known, which regulates the rights of buyers and sellers in doing business. The term khiyar has become a specific source of encouraging contemporary business ethics because it is very pro-beneficial in business synergies.
Konsep Distribusi dan Base Value Sistem Ekonomi Islam St Samsuduha
Al-Tafaqquh: Journal of Islamic Law Vol 2, No 2 (2021): July
Publisher : Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33096/altafaqquh.v2i2.145

Abstract

This paper reviews the concept of distribution and the base value of the Islamic economic system. These two themes are interrelated discourses with one another. As understood, the Islamic economic system aspires to an economic order that is just and beneficial for human life. Therefore, distribution as one of the market instruments in the economic world must effectively take place in the corridor of positive and fair values. The results of the study in this paper concluded that; First, distribution in economic studies is a system of distributing goods and services from producers to consumers. This process is a stage that takes place to synchronize the stages of production of goods with sales. Distribution is an important aspect that determines the adequacy of goods needs in the community. Therefore, the balance can be maximized through the selection of distribution channels in an effective, fair and sustainable manner. Second, the Islamic economic system provides a basic value formulation that can be used as a benchmark in the distribution process. Thus, the distribution made must be in line with the basic value of ownership; the basic value of freedom; basic values of justice; basic value of balance; and the value of togetherness
Konsep Pelaksanaan Wakaf Uang di Indonesia St Samsuduha; Yush Nawir
Al-Tafaqquh: Journal of Islamic Law Vol 3, No 2 (2022): July
Publisher : Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33096/altafaqquh.v3i2.172

Abstract

This paper examines the concept of implementing cash waqf in Indonesia. This writing study approach uses a theoretical study approach and interpretation of library materials. This study needs to be carried out to provide an understanding of the process of implementing cash waqf for the welfare of Muslims, and other people in general. Based on the results of the analysis, it is concluded that cash waqf is waqf in the form of funds handed over from assets in cash. This type of cash waqf also includes securities that can be managed by banks as LKS-PWU. Cash waqf is oriented towards productive investment that is lawful and does not conflict with Islamic law. The profits are then earmarked for the welfare of the beneficiaries. Cash waqf has only developed in recent years, previously people were more familiar with waqf of immovable property such as land. Currently, cash waqf has been legally protected in Indonesia so as to ensure the legality of its implementation. The regulations relating to waqf are contained in the Law of the Republic of Indonesia Number 41 of 2004; Government Regulation No. 42 of 2006 concerning the Implementation of Waqf; and Regulation of the Minister of Religion of the Republic of Indonesia No. 4 of 2009 concerning Administration of Cash Waqf Registration
Konsep Investasi Pasar Modal dan Saham Syariah di Indonesia St Samsuduha; Andi Herawati
Al-Tafaqquh: Journal of Islamic Law Vol 4, No 1 (2023): January
Publisher : Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33096/altafaqquh.v4i1.194

Abstract

It is important to study the concept of investment in the capital market and sharia stocks to provide an understanding to investors. Indonesia has a capital market that is developing and continues to grow, thus encouraging the importance of implementing the Islamic capital market and sharia investment system, so that the practice system and its benefits can provide long-term benefits. Based on the results of the analysis, it was concluded that; (1) Investment is one of the muamalah that must be carried out in Islam based on sharia principles to avoid unfair practices so that it must comply with the principles of halal, blessing added value and the type of investment made must be realistic; (2) The Islamic capital market is an important means of facilitating the investment needs of Muslims in Indonesia. So far, investment space in the capital market tends to be considered legalized gambling, so this practice can trigger the interest of the Muslim generation to develop their capital potential in the investment sector; and (3) Islamic shares are included in the category of ordinary shares which have special characteristics such as a very strict control system such as a guarantee of business halalness that must be owned by shareholders. The sharia stock system must comply with principles that do not conflict with sharia values.
Co-Authors Andi Herawati Ardi Ardi Yush Nawir