Jurnal EMT KITA
Vol 6 No 1 (2022): JANUARY-JUNE 2022

Mekanisme Pasar dala Konteks Islam

Sarwo Edi (Universitas Muhammadiyah Sumatera Utara)
Julfan Saputra (Universitas Islam Negeri Sumatera Utara)
Asmaul Husna (Universitas Islam Negeri Sumatera Utara)



Article Info

Publish Date
01 Jan 2022

Abstract

This paper is a literature review that aims to determine the market mechanism in the context of Islam. The methodology used is a review of studies and books both on a local Indonesian scale and on an international scale. In contrast to conventional systems, the concept of Islamic Economics emphasizes that market mechanisms and price fixing need to be regulated to achieve market equilibrium and economic justice by considering the urgency of the parties involved in the market. Fair and fair prices are prices obtained based on the power of supply (supply) and demand (demand). In the event of unfair actions that result in market distortions or prices are not at their equilibrium point, the government plays a very important role in taking regulations in the form of price fixing by looking at the factors that cause these distortions and returning prices to the original equilibrium point.

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Journal Info

Abbrev

emt

Publisher

Subject

Economics, Econometrics & Finance

Description

The Jurnal Ekonomi Manajemen Teknologi (EMT) KITA is one of the scientific publications published by the KITA Institute. The purpose of this Journal is to support the theory and practice of development management in the dissemination of research findings in the field. This journal covers fields such ...