Article Per Year (5 Year)
p-Index From 2019 - 2024
0.408
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi Journal of International Conference Proceedings
Heristina Fitri Rukmana
Sekolah Tinggi Ilmu Manajemen dan Ilmu Komputer ESQ
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Moneylender and the Welfare of Traders in Parung Market: Theological and Economic Approach Ahmad Maulidizen; Heristina Fitri Rukmana; Muhammad Rafi Thoriq
Journal of International Conference Proceedings Vol 5, No 4 (2022): FEBIC International Conference Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v5i4.1929

Abstract

This research focuses on traders in Parung Market, aiming to discuss Moneylender and the welfare of traders in the Parung Market from theological and economic perspectives. The purpose of this study is: (1) to determine the existence of Moneylender in trading, (2) Moneylender from a theological perspective, and (3) to analyze the impact of Moneylender practices on the welfare of traders in Parung Market from an economic perspective. This research is a descriptive-qualitative research method with a critical paradigm approach in a case study research method. The primary data collection method is observation, structured interviews, and documentation. Data processing and analysis techniques are data reduction, data presentation, conclusion drawing, and verification. While testing the validity of the data is done by testing the credibility. This research’s findings indicate that Moneylender have existed since 2013 due to the need for capital and the absence of financial institutions that provide capital lending facilities. In addition, the mechanism for accounts payable is carried out with an easy process, but debt payments use the installment system daily. Moneylender harms the welfare of traders in Parung Market. From a theological perspective, the practice of usury by Moneylenders is not following the principles of Islamic economics, namely the principle of justice, the principle of Ta’awun, and Maslahat, so it does not meet the spiritual needs of traders. Meanwhile, from an economic perspective, capital loans from Moneylender can only meet capital needs for the short term and support the business being carried out because the interest charged to traders is very high
REVEALING THE EXISTENCE OF MONEYLENDERS IN TRADING ACTIVITIES AT PARUNG MARKET BASED ON ISLAMIC ECONOMIC PRINCIPLES Ahmad Maulidizen; Heristina Fitri Rukmana; Muhammad Rafi Thoriq
Jurnal Ekonomi Vol. 11 No. 03 (2022): Jurnal Ekonomi, 2022 Periode Desember
Publisher : SEAN Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Moneylenders are likened to needs sought by traders in Parung Market as a last resort to provide capital loans. On the other hand, they are equated with moneylenders who are detrimental to traders as service users. However, on the moneylender side, it harms traders by charging high interest, which makes it a burden for traders because they have to share profits with moneylenders. This study focuses on the existence of moneylenders in trading activities at Pasar Parung and analyzes it with an Islamic economic approach. This qualitative research uses interviews, observation, and documentation data collection methods. The research results show that loan sharks at Parung Market have been going on for five years since 2013. The need for capital and the absence of a financial institution is why it exists. The mechanism for accounts receivable by loan sharks is straightforward. Applying for a loan is simple, going through a lengthy procedure. Debt repayments are made in daily instalments for four months / 120 days, with the number of instalments equal to the total loan plus 20% interest divided by 120 days. The mechanism of debt and credit carried out by moneylenders in Islam is included in usury nasi'ah. The practice of loan sharks at Parung Market violates the principles of justice, the principles of ta'awun, and the principles of mashlahah. Moneylenders practice assisting traders in meeting their material needs. However, the spiritual needs of traders are not satisfied, so the income earned does not receive the blessings of Allah
Co-Authors Ahmad Maulidizen Muhammad Rafi Thoriq