The existence of Murabahah in Bank Aceh Syariah based on the Fatwa of Majelis Ulama Indonesia No 111 /DSN-MUI/IX/2017

Rafi Thoriq ; Muhammad ; Hasan Abdul Aziz Naibaho ; Muhammad ; Alfain Faza Zakiyya ; Muhammad
Journal of Islamic Law and Legal Studies 📅 2024 Vol 1, No 1 🔗 DOI: 10.70063/sharialex.v1i1.1
Abstract
Financing in Islamic banks today is dominated by Murabahah contracts. The purpose of existing research is to explain how the existence of Murabahah financing in Islamic banking serves the community and assess whether the contracts executed comply with the Fatwa of Majelis Ulama Indonesia. This research is a library-research focused on examining and discussing modern and classical literature. Data collection is conducted through documentation methods from various sources including national and international journals, as well as books. The data is then analyzed using content analysis, which includes descriptive analysis and scientific analysis of premium messages. The findings of this research indicate that Murabahah financing is predominantly conducted by Islamic banks for community financing. In the application of Murabahah financing, Islamic banks act as fund providers rather than sellers. The Murabahah contracts in classical fiqh have undergone changes, which have been criticized by various segments of society. It is noted that there are contemporary issues arising in Murabahah financing transactions that do not align with Sharia principles and the Fatwa of Majelis Ulama Indonesia.
Keywords
Murabahah Financing; Islamic Banking; Household Needs; Sharia Compliance; Contemporary Financing Issues
How to Cite

Rafi Thoriq, et al. (2024). The existence of Murabahah in Bank Aceh Syariah based on the Fatwa of Majelis Ulama Indonesia No 111 /DSN-MUI/IX/2017. Journal of Islamic Law and Legal Studies, 1(1). https://doi.org/10.70063/sharialex.v1i1.1

Rafi Thoriq, Muhammad; Hasan Abdul Aziz Naibaho, Muhammad; Alfain Faza Zakiyya, Muhammad, "The existence of Murabahah in Bank Aceh Syariah based on the Fatwa of Majelis Ulama Indonesia No 111 /DSN-MUI/IX/2017," Journal of Islamic Law and Legal Studies, vol. 1, no. 1, 2024.

Rafi Thoriq, Muhammad; Hasan Abdul Aziz Naibaho, Muhammad; Alfain Faza Zakiyya, Muhammad. "The existence of Murabahah in Bank Aceh Syariah based on the Fatwa of Majelis Ulama Indonesia No 111 /DSN-MUI/IX/2017." Journal of Islamic Law and Legal Studies, vol. 1, no. 1, 2024.

Rafi Thoriq, Muhammad; Hasan Abdul Aziz Naibaho, Muhammad; Alfain Faza Zakiyya, Muhammad. "The existence of Murabahah in Bank Aceh Syariah based on the Fatwa of Majelis Ulama Indonesia No 111 /DSN-MUI/IX/2017." Journal of Islamic Law and Legal Studies 1, no. 1 (2024).

Rafi Thoriq, et al. (2024) 'The existence of Murabahah in Bank Aceh Syariah based on the Fatwa of Majelis Ulama Indonesia No 111 /DSN-MUI/IX/2017', Journal of Islamic Law and Legal Studies, 1(1). doi: 10.70063/sharialex.v1i1.1.

Rafi Thoriq, Muhammad; Hasan Abdul Aziz Naibaho, Muhammad; Alfain Faza Zakiyya, Muhammad. The existence of Murabahah in Bank Aceh Syariah based on the Fatwa of Majelis Ulama Indonesia No 111 /DSN-MUI/IX/2017. Journal of Islamic Law and Legal Studies. 2024;1(1).

Artikel Terkait

Environmental Crimes and Green Justice under India’s Bharatiya Nyaya Sanhita and BNSS

Kumar, Neeraj; Mala, Sourabh Sri

A Sharia-Based Digital Farming Platform: Integrating Digital Technology for Efficient Zakat Distribution in Agriculture

Halilintar, Masnur Putra; Istiana Hidayat, Aulia; Pashayev, Amirkhan; Pironti, Vicente

Islamic Economic Law and Sustainable Development: Bridging Ethics, Law, and Policy

Hasanov, Parviz; Songgirin, Amin; Hariyadi, Ahmad Reza; Madadzade, Konul

Reimagining Islamic Legal Education: Toward a Holistic Framework for Syariah and Legal Studies

Vivekanantharasa, Raveenthiran; Wijaya, Rusdiana Priatna; Mammadov, Yashar

Halal Economy and Consumer Protection Laws: A Legal-Economic Perspective

Hasanov, Tofig; Thoriq, Muhammad Rafi; Sujoko Winanto, Sujoko; Aliyeva, Nigar

Toward a Global Sharia-Compliant Regulatory Architecture: A Critical Reassessment of Islamic Economic Law in the Digital Age

Osmanov, Fuad Fazil; Babazade, Zohr Isa; Mansurzada, Asma Elmar
Tren Sitasi Jurnal