Journal of Multiperspectives on Accounting Literature
Vol. 1 No. 2 (2023): Journal of Multiperspectives on Accounting Literature

Market Competition in Modern Franchise Retail Business with Traditional Retail Business in Saddu Al-Zari'ah Approach

Fauziah Fauziah (Post-Graduated, Sharia Economic Department, Alauddin State Islamic University Makassar, Makasar, Indonesia)
Widyantono Arif (Doctoral of Accounting Sciences Department, Faculty of Business Economics, Hasanuddin University, Makassar, Indonesia)



Article Info

Publish Date
16 Jul 2023

Abstract

Purpose: This article focuses on examining analysis in Islamic law on the existence of Alfamart and Indomaret minimarkets in Makassar City Methodology/approach: This research is a type of qualitative descriptive research, namely a writing procedure that produces descriptive data Findings: Based on the results of the study, it can be concluded that the existence of Alfamart and Indomaret minimarkets in their trading activities is reviewed in Islamic law including monopoly. Practical implications: As well as in its trading activities, it does not pay attention to business competition and the principle of justice in Islamic law. To prevent the expansion of the two minimarkets, Saddu Al-Zari'ah approach is needed so as not to have a bad impact on its competitors, namely grocery stores and traditional markets. Originality/value: Originality of this research is the subject using a Islamic law for trading activites. Keywords: Islamic Law; Minimarket; Monopoly; Traditional Market.

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Journal Info

Abbrev

jameela

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

JAMEELA – Journal of Multiperspectives on Accounting Literature is a peer-reviewed journal which aims to bring its readers the comprehensive descriptions, best analysis and discussion in the developing field of accounting literature. Topics covered include: Aspects of accounting literature in ...