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This Author published in this journals
All Journal International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Journal of Accounting Research, Utility Finance and Digital Assets (JARUDA)
Mukhlis
Universitas Islam Negeri Sumatera Utara
Economics, Econometrics & Finance

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MONETARY POLICY AGAINST REVIEW FROM AN ISLAMIC PERSPECTIVE Maryam Batubara; Mukhlis
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 3 No. 3 (2023): June
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v3i3.914

Abstract

Monetary policy was designed by the Indonesian government in 1953 based on Law no. 11 of 1953 concerning Principles of Bank Indonesia as a substitute for Javasche Bank Wet of 1922. Law No. 11 of 1953 was the basis for the formation of the Monetary Board in which the Minister of Finance acted as Chairman, while the Minister of Economy and the Governor of Bank Indonesia as Members. The Monetary Board has duties and powers closely related to controlling monetary conditions. According to the Big Indonesian Dictionary (KBBI) monetary is where the value of the currency greatly influences economic conditions. At the time of the Prophet, the monetary policy was implemented by using the standard bimetallic, namely gold and silver (dirhams and dinars) because both of them were legal tender and circulated in society.
DEVELOPMENT OF WAQF MANAGEMENT IN JORDAN Maryam Batubara; Mukhlis
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 2 No. 3 (2024): January
Publisher : Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v2i3.121

Abstract

Waqf is one of the teachings of Islam and has been known since the time of the Prophet SAW. There are two opinions about who was the first to implement waqf. The first opinion, some scholars say, is that the first person to implement waqf law was Rasulullah SAW, where he donated his land to later build the Quba mosque when Rasulullah moved to Medina. The Quba Mosque was built in 622, located about 400 kilometers north of the city of Makkah. During the leadership of King Abdullah II, the law on waqf and Islamic affairs was revised again and became law number 32 of 2011 with the same name. The spirit is to utilize the potential of waqf so that it can be maximized in line with current developments. The message contained in law number 32 of 2011 is, first, the Ministry of Waqf for Islamic Affairs and Holy Places and Islamic Affairs is institutionally and financially independent in order to develop and invest waqf assets. Development of Endowment Funds in Jordan 50% of the foundation's income is used for places of worship and other needs. Meanwhile, the other 50% of income is distributed to four other charities (poverty, disease, education and society).
Co-Authors Maryam Batubara