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All Journal Jurnal Riset Hukum, Ekonomi Islam, ekonomi, Manajemen dan Akuntansi
Ahmad Zikri Dwiatmaja
Universitas Islam Negeri Alauddin Makassar
Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

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PRAKTIK MONOPOLI PERDAGANGAN DAN IKHTIKAR DALAM PERSPEKTIF EKONOMI SYARIAH Aniq Akhmad Ali Bawafie; Muslimin Kara; Muhammad Wahyuddin Abdullah; Bukhari Bukhari; Ahmad Zikri Dwiatmaja
HEI EMA : Jurnal Riset Hukum, Ekonomi Islam, Ekonomi, Manajemen dan Akuntansi Vol. 3 No. 1 (2024): Januari
Publisher : Prodi Hukum Ekonomi Syariah, STI Syariah AL-Hilal SIgli

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61393/heiema.v3i1.193

Abstract

A monopoly is a less competitive type of market where there is no direct business competition. In a competitive market, equilibrium is reached when supply and demand meet at a mutually agreed price and quantity between seller and buyer. Both parties benefit from this transaction, and no losses are incurred as a consequence of the exchange.This research was conducted using a qualitative approach based on desk research. When analysed thoroughly, ikhtikar is not always the same as monopoly or hoarding. In the Islamic context, every individual has the right to engage in business, whether as the sole seller (or producer) in the market. Not all acts of hoarding can be termed as monopoly. The prohibition only applies if the monopolist controls a good with inelastic demand elasticity. A monopolist who controls a good with an elastic demand elasticity will suffer losses.
Co-Authors Abdullah, Muhammad Wahyuddin Aniq Akhmad Ali Bawafie Bukhari Bukhari Muslimin Kara