AL-KHIYAR: Jurnal Bidang Muamalah dan Ekonomi Islam
AL-KHIYAR: Jurnal Bidang Muamalah dan Ekonomi Islam is a scientific journal in the field of mualamah and Islamic economics studies published twice a year (May and November) by the Pusat Penelitian dan Pengabdian Masyarakat (P3M),, Institut Agama Islam STIBA Makassar, Indonesia. It is open for all academics, practitioners, intellectuals, and students with the specification of the study of mualamah and Islamic economics. Ideas covering research article, conceptual idea, review of the literature, and practical experience. The scope of AL-KHIYAR: Jurnal Bidang Muamalah dan Ekonomi Islam are limited to Fiqh of Muamalah, Islamic Economics, Islamic Banking and Finance, Islamic Economic Management, Islamic Economics Law, Management of Zakat, Infaq, Sadaqah, and Waqf, Islamic Entrepreneurship And Business, Islamic Economics Thought, Islamic Insurance, Islamic Accounting, Halal Management, etc. The article will be published in Indonesian, English, and Arabic language.
Pusat Penelitian dan Pengabdian Masyarakat (P3M), Sekolah Tinggi Ilmu Islam dan Bahasa Arab (STIBA) Makassar, IndonesiaInstitut Agama Islam STIBA Makassar, Indonesia
Unveiling the Intellectual Landscape of Artificial Intelligence in Islamic Capital Markets: A PRISMA-Based Systematic Literature Review
This study aims to systematically map the evolution, intellectual structure, and future research agenda of artificial intelligence (AI) in Islamic capital markets. Employing a Systematic Literature Review (SLR) guided by the PRISMA framework, the study analyzes 34 Scopus-indexed publications to identify temporal trends, dominant themes, methodological developments, and patterns of scholarly collaboration within this emerging field. The findings reveal a clear transformation from a fragmented and pre-paradigmatic stage into a rapidly expanding and increasingly interdisciplinary research domain. Thematically, the literature has evolved from a narrow focus on predictive analytics and efficiency-driven modeling toward a broader integration of risk management, Shariah compliance, sustainability, and behavioral finance. Methodologically, the field has progressed from conventional machine learning techniques to advanced, hybrid, and system-level approaches, reflecting greater engagement with complex financial dynamics. In terms of intellectual structure, the field exhibits a multi-layered and convergent knowledge system supported by globally dispersed, interdisciplinary collaboration networks involving academia, industry, and regulators. Despite these advances, several critical gaps persist, including limited theoretical integration, insufficient development of explainable and Shariah-compliant AI systems, lack of macro-systemic analysis, underexplored applications in social and sustainable finance, fragmented governance frameworks, and weak empirical validation. These findings highlight the need for a paradigmatic shift toward integrative, theory-driven, and impact-oriented research. The study contributes by providing a comprehensive synthesis of the field and proposing a forward-looking research agenda that emphasizes the integration of AI with maqāṣid al-syarī‘ah, ethical governance, and real-world applicability in Islamic capital markets.
Artificial Intelligence; Islamic Capital Markets; Systematic Literature Review; PRISMA
Copyright (c) 2026 Azwar Azwar, Abur Hamdi Usman, Muh. Riandika, Muh. Rezky Pratama https://creativecommons.org/licenses/by-nc-sa/4.0
Mekanisme Sewa Menyewa Pohon Kapuk di Kecamatan Bissappu Kabupaten Bantaeng: Tinjauan Fikih Muamalah
This study examines the practice of leasing kapok trees in Bissappu Subdistrict, Bantaeng Regency, and evaluates its conformity with fiqh muamalah (Islamic commercial jurisprudence). It uses a field research design with normative and phenomenological approaches, integrating Islamic legal analysis with real practices in the community. Data were collected through observation, documentation, and in-depth interviews with tree owners and tenants. The findings show that the contract (akad) is conducted orally based on mutual trust, with prices determined through bargaining. Tree owners usually set prices based on estimated harvest yields. However, the lease duration is unclear, as contracts often end when the harvest is completed rather than on a fixed agreed date. After the agreement, owners typically withdraw from management, leaving tenants responsible for all costs and risks, including crop failure and uncertain yields. From a fiqh muamalah perspective, this practice involves significant gharar (uncertainty), especially regarding time and benefits. The object of the contract is also problematic, as it essentially concerns the kapok yield, which is consumable. According to the majority of scholars (jumhur), such a contract is considered an invalid (batil) form of ijarah. This study offers an empirical-legal analysis and recommends alternative contracts, such as profit-sharing partnerships (mudharabah) or service-based ijarah, where the object, duration, and risk mechanisms are clearly defined to ensure fairness and legal certainty.
rent, lease, kapok tree, silk-cotton tree, Bissappu
Copyright (c) 2026 Sri Ujiana Putri, Saadal Jannah, Karmila https://creativecommons.org/licenses/by-nc-sa/4.0
Teori Kebertakwaan Institusional: Integrasi Nilai Spiritual dalam Manajemen dan Tata Kelola Lembaga Keuangan Syariah
This article explores the limitations of secular earnings management theories, particularly those grounded in rational and self-interested motives such as Agency Theory, which are deemed insufficient within the Islamic economic framework. Using a conceptual and qualitative approach, this study aims to develop the Institutional Taqwa Theory as an alternative model that embeds spiritual values—especially taqwa—into institutional governance. The study integrates Islamic ethical principles, maqāṣid al-sharī‘ah, and spiritual accountability systems by critically engaging classical and contemporary literature while dialoguing conventional management theories with Islamic teachings. The findings reveal that this theory provides a novel conceptual framework for addressing earnings management in an ethical and spiritual manner. Furthermore, the study outlines measurable indicators of spiritual accountability and proposes practical instruments for evaluation, along with identifying opportunities for application within Islamic financial institutions. Its main contribution lies in constructing a normative and operational model based on transcendental values that bridges the gap between conventional accounting theories and Islamic principles in modern institutional practices.
Institutional Taqwa Theory, Earnings Management, Spiritual Accountability, Taqwa Values, Governance, Islamic Financial Institutions
Copyright (c) 2026 Ihwan Wahid Minu, Yusphan https://creativecommons.org/licenses/by-nc-sa/4.0
Transformasi Wakaf Konsumtif ke Wakaf Produktif: Studi Fikih Akad dan Tantangan Implementasi Kontemporer
This study examines the transformation of consumptive waqf into productive waqf through the lens of fiqh contracts and contemporary governance challenges. The urgency of the study arises from the paradox between Indonesia’s large waqf assets and the limited productive utilization of those assets. Official data reported in 2024 show that Indonesia has hundreds of thousands of waqf land locations, while only a small proportion is optimally utilized for productive purposes. This study employs qualitative library research with normative-juridical and conceptual approaches. Data were obtained from classical fiqh literature, statutory regulations, fatwas, recent reputable journal articles, and official reports from waqf authorities. The findings indicate that the transformation of waqf is not a deviation from the principle of perpetuity, provided that the substance of tahbis al-ashl and tasbil al-manfa’ah is preserved. The reconstruction of contracts can be carried out through controlled istibdal, long-term ijarah, mudharabah, musyarakah mutanaqisah, wakalah bi al-istitsmar, and Build-Operate-Transfer schemes, depending on asset characteristics and risk profiles. The main contemporary challenges consist of legal-administrative fragmentation, limited nazhir competence, low public literacy, financing constraints, weak accounting transparency, and insufficient integration between waqf assets and the halal industry value chain. The novelty of this study lies in proposing a layered contract reconstruction model that integrates fiqh legitimacy, governance safeguards, digital accountability, and halal industry orientation. The study recommends strengthening nazhir certification, standardizing contract-based risk mitigation, and developing an integrated digital reporting system for productive waqf.
productive waqf, consumptive waqf, fiqh contracts, istibdal, halal industry, waqf governance
Copyright (c) 2026 Farida Aprianti Lagalanti, Andi Amma Ruhmah, Hamzah Haeriyah, Abdi Wijaya https://creativecommons.org/licenses/by-nc-sa/4.0
Analisis Hukum Ekonomi Syariah atas Sistem Fee Akad Wakalah Jual Beli Rumah di Kelurahan Way Laga Sukabumi Bandar Lampung
The practice of the fee system in the wakalah (house purchase and sale) contract in Way Laga Village covers the payment mechanism (2% or IDR 6 million of the IDR 300 million price), payment timing (upfront), the form of agreement (verbal), and the duties of the representative. This study also analyzes the perspectives of Islamic economic law on the implementation of the fee system, including its compliance with the pillars of wakalah bil ujrah (contractual agreement), the principle of ujrah (indebtedness), the potential for gharar (unlawful agreement), the trustworthiness of wakalah (indebtedness), and the principle of justice. This research also involves an in-depth study from an Islamic economic legal perspective regarding the validity of this mechanism and the possibility of violations. The method used was a qualitative field-based approach with a descriptive analytical approach. Primary data were collected through in-depth interviews with parties directly involved in the transaction. The data was then processed through editing, coding, and structured grouping using inductive analysis based on field findings and guided by the principles of Islamic jurisprudence (fikih muamalah). The results indicate that the practice of fee payments is carried out verbally without a clear, legally binding written contract. The fee is paid by the muwakil to the agent before the transaction is completed, thus violating the principle of the agent's trust, creating elements of gharar (uncertainty), tadlis (false statements of facts), and raising fundamental doubts about the validity of the wakalah contract as a whole. A serious problem arises if the agent fails to fulfill his duties within 5 months, as his duties are rendered ineffective even though the fee was paid in advance by the muwakil before the house was sold.
Fee System, Wakalah Contract, House Sale and Purchase, Oral Agreement, Fikih Muamalah
Copyright (c) 2026 Arnis Arbella, Badruzaman, Helma Maraliza https://creativecommons.org/licenses/by-nc-sa/4.0
Analisis Mazhab Hanafi Tentang Jual Beli Tanah Tanpa Tanamannya
This study aims to analyze the Islamic legal perspective on the practice of buying and selling land without plants growing on it, as well as the views of the Hanafi school of thought on this matter. The questions are: First, what is the Islamic legal perspective on the practice of buying and selling land without plants growing on it? Second, how is the Hanafi school of thought analyzing the Hanafi school of thought on buying and selling land without plants growing on it? This study used a qualitative approach with textual study (Library Research) and normative and phenomenological analysis. The results show that, from the Hanafi school of thought, the sale of land without plants growing on it can be explained as follows: First, in the practice of buying and selling land that includes plants, according to Islam, the plants are sold along with the land. This is based on the understanding that plants are part of the land, so that ownership of the land and plants is transferred to the buyer. This is also in line with the customary practice ('urf) of society, which considers plants to be an inseparable part of the land, unless the contract stipulates otherwise. Second, according to the Hanafi school of thought, plants growing on land do not automatically become part of the land sale unless expressly stated in the contract. This view emphasizes the importance of clarity regarding the object of the contract in a sale and purchase transaction. Therefore, although the majority of scholars believe that the land sold includes the building and the plants on it, it is advisable to state the ownership of the plants in official documents, such as a land certificate or a deed of sale, to avoid future disputes and maintain prudence (iḥtiyāt).
Buying and Selling Land, Plants, Hanafi School
Copyright (c) 2026 Rosmita, Santi Sarni, Aisyah Nurul Afifah https://creativecommons.org/licenses/by-nc-sa/4.0
Wawasan Al-Qur’an tentang Keadilan Fiskal: Relevansi Ayat-Ayat Makroekonomi Islam terhadap Pengentasan Kemiskinan
Poverty is a structural problem rooted not only in economic inequality but also in the failure of conventional fiscal systems to achieve distributive justice. The Qur’an provides theological and normative insights into fiscal justice, emphasizing the balance between individual ownership rights and collective social responsibility. This study aims to explore the relevance of Qur’anic verses concerning economic justice and wealth distribution in alleviating poverty within the framework of Islamic macroeconomics. The research employs a library-based qualitative method using a thematic tafsir (maudhu‘i) and a normative-descriptive analysis of Qur’anic concepts such as al-‘adl (justice), al-qisṭ (equity), al-infaq (spending), and prohibitions against al-israf (extravagance) and al-bukhl (miserliness). The findings reveal that fiscal justice in the Qur’anic perspective functions not only as an economic mechanism but also as a spiritual instrument to achieve social welfare (al-falah al-ijtima‘i). This perspective provides a conceptual foundation for formulating contemporary Islamic fiscal policies aimed at equity and community empowerment. The study contributes to the development of Islamic economic epistemology by integrating Qur’anic theological values into modern macroeconomic frameworks.
Fiscal Justice, Qur’an, Islamic Economic, Poverty, Wealth Dsitribution
Copyright (c) 2025 Tri Subegti Fatchul Muin, Achmad Abubakar, Muhsin Mahfudz https://creativecommons.org/licenses/by-nc-sa/4.0
Analisis Penerapan Akad Murābahah dalam Perspektif Fikih Muamalah di Koperasi Tamam STIBA Makassar
The study of murābahah contracts is a significant discourse within the discipline of fiqh muamalah, emphasizing the need to ensure that Islamic financial practices comply with the legal pillars and conditions of valid sales. The occurrence of non-compliant practices, such as bay’ mā lā tamlik (selling what is not owned) and bai’atain fi bai’ah wāhidah (two contracts in one sale), necessitates an analysis of their implementation in Islamic microfinance institutions. The research aims to (1) describe the mechanism of murābahah implementation at Tamam Cooperative, and (2) analyze its compliance with classical and contemporary fiqh principles. This is a qualitative case study employing in-depth interviews, document observation, and library research using classical fiqh books, DSN-MUI fatwas, and academic literature. The findings indicate that the cooperative’s murābahah practice generally complies with Sharia principles, especially regarding ownership, transfer of possession (qabd), risk management (ḍamān), and price transparency. A distinctive feature of Tamam Cooperative is its homogeneous membership base (lecturers and campus administrators), which eliminates the need for formal wa’d documents or collateral; instead, moral commitment underpins transactions. This study contributes to the field of Islamic commercial law by offering a case of community-based murābahah practice that is simple yet Sharia-compliant, potentially serving as a model for other Islamic microfinance institutions.
Copyright (c) 2025 Muhammad Muhammad https://creativecommons.org/licenses/by-nc-sa/4.0
Manajemen Rantai Pasok Halal di Indonesia: Analisis SWOT dan Implikasi Strategis
This study aims to identify the key strengths, weaknesses, opportunities, threats, and strategic directions that influence the sustainability and effectiveness of Halal Supply Chain Management (HSCM) at the national level. Employing a mixed-methods approach with an exploratory sequential design, the research integrates qualitative and quantitative analyses through the SWOT framework and the Internal–External (IE) Matrix. The findings reveal that Indonesia possesses significant strategic potential to develop a globally competitive halal supply chain, supported by its large Muslim consumer base, robust regulatory framework, growing public awareness, and the rapid expansion of halal-oriented MSMEs. Nevertheless, several structural weaknesses persist, including limited halal logistics infrastructure, high certification costs, weak inter-agency coordination, and low halal literacy among business actors. Opportunities arise from the rapid expansion of the global halal economy, digital innovation (blockchain, IoT, big data), and increasing international demand for ethical and sustainable halal products. Meanwhile, the main challenges include competition with benchmark countries, varying international halal standards, and dependency on imported raw materials. The IE Matrix positions Indonesia in the high–high quadrant, indicating a growth strategy through vertical integration—strengthening local production, standardization, digital traceability, and institutional synergy. Through this strategic approach, Indonesia has the potential to transform from the world’s largest halal consumer market into a leading producer and innovation hub in the global halal economy.
Copyright (c) 2025 Azwar Azwar, Nasrullah bin Sapa, Cut Muthiadin https://creativecommons.org/licenses/by-nc-sa/4.0
Tinjauan Hukum Islam terhadap Pelaksanaan Akad Murabahah di Koperasi Amanah Mulia Ikhlas Pinrang
Murabahah contracts are one of the most widely applied forms of sale and purchase in Islamic financial institutions because they are considered transparent in pricing and in accordance with sharia principles. However, in practice, a number of challenges are still found, such as inconsistencies between practice and fiqh principles, limited understanding among customers, and the potential for practices resembling usury. This study aims to examine the mechanism of murabahah contract implementation at Koperasi Amanah Mulia Ikhlas Pinrang and to assess its validity from the perspective of Islamic law. The research employs a qualitative approach with a field research design. Data were collected through direct interviews with cooperative administrators and documentation studies related to the murabahah contracts carried out. The data analysis was conducted descriptively and analytically using a juridical-normative approach, supported by classical and contemporary fiqh muamalah literature from various schools of thought. The findings show that the implementation mechanism of murabahah contracts at Koperasi Amanah Mulia Ikhlas is carried out through two main stages, namely the financing application stage and the contract execution stage. In general, the practice of the contract has fulfilled the pillars and conditions of murabahah as established in Islamic jurisprudence, although there are still some aspects that need improvement, particularly in documentation and in members’ understanding of their rights and obligations. This research provides important implications for Islamic cooperatives in optimizing the comprehensive and consistent application of sharia principles in murabahah financing contracts.
Islamic Law, Murabahah Agreement, Sharia Cooperatives, Sharia Finance, Financing.
Copyright (c) 2025 Munira Munira, Akhmad Hanafi Dain Yunta, Humairah Ahsan https://creativecommons.org/licenses/by-nc-sa/4.0
Strategi Pemberdayaan Wirausaha Syariah Gen-Z Berbasis SWOT pada Start-Up Halal F&B di Indonesia
This study aims to identify the strengths, weaknesses, opportunities, and threats (SWOT) faced by Gen-Z Muslimpreneurs and to formulate empowerment strategies aligned with the principles of Islamic entrepreneurship. The research employs a descriptive qualitative method using a literature review and documentation approach. The analysis is conducted through SWOT mapping, systematically structured based on findings from academic literature and official documents. The results reveal that Gen-Z Muslimpreneurs possess notable strengths, including religiosity, digital proficiency, and innovation capacity. However, they also encounter challenges such as limited managerial experience and restricted access to capital. Externally, they benefit from the growing halal market and supportive regulatory frameworks, yet they must also navigate a highly competitive industry and complex certification processes. Based on this mapping, four strategic directions are proposed: (1) digital Islamic business training (SO), (2) collaboration with halal business incubators (WO), (3) trend filtration based on Islamic values (ST), and (4) mentoring and regulatory literacy (WT). These strategies are further developed into the Operational Framework for Empowering Gen-Z Muslimpreneurs, comprising four core pillars: integrated training, business collaboration, halal trend laboratories, and legal mentoring for business transformation. The findings are expected to serve as both conceptual and practical references for communities, training institutions, and policymakers in fostering a sustainable and competitive Islamic entrepreneurship ecosystem in the era of the global halal industry.
Gen-Z, halal F&B, empowerment strategy, Islamic entrepreneurship, SWOT
Copyright (c) 2025 Khaerul Aqbar, Azwar Azwar https://creativecommons.org/licenses/by-nc-sa/4.0
Harmonisasi Standar Sertifikasi Halal Internasional dalam Perspektif Fikih Muamalah: Analisis Diplomasi Ekonomi Halal Indonesia di Pasar Global
The global halal industry is rapidly expanding as one of the strategic sectors in the international economy, with a continually growing market value that involves cross-border transactions, international organizations, and multilateral alliances. Although Indonesia occupies the position of one of the largest consumers of halal products in the world, its contribution as a major player in the global halal industry value chain still faces various structural and diplomatic challenges. This study aims to analyze the harmonization of international halal certification standards from the perspective of fiqh al-muʿāmalah and to formulate the role of Indonesia’s halal economic diplomacy in advocating for the protection of Muslim consumers in global markets. The research employs a qualitative-descriptive approach through library research and policy analysis. The findings indicate that, conceptually, most international halal certification standards converge with maqāṣid al-sharīʿah, particularly in the aspects of ṭahārah, ḥalāl al-dhabīḥah, and istibrā’. However, fragmented standards, divergent ijtihād on animal-derived enzymes and technical alcohol, and asymmetries among certifying authorities generate problems of traceability, the potential for monopolistic practices, and the risk of consumer harm, all of which contradict the legal maxim lā ḍarar wa lā ḍirār. This study underscores the importance of cross-madhhab collective ijtihād (ijtihād jamāʿī), the strengthening of an equitable mutual recognition scheme, and Indonesia’s proactive initiatives as a norm entrepreneur through halal economic diplomacy, including the proposal to establish an international Halal Dispute Board as a dispute settlement instrument and as a means of reinforcing the legitimacy of global halal standards grounded in fiqh al-muʿāmalah.
Copyright (c) 2025 Kurnaemi Anita, Nasrullah bin Sapa https://creativecommons.org/licenses/by-nc-sa/4.0
Etika Produksi Konten Deepfake dalam Promosi Produk Halal: Telaah Fikih Media dan Perlindungan Konsumen Muslim
This study examines the use of deepfake technology in halal product promotion, which poses new ethical challenges within the frameworks of media jurisprudence, Islamic economics, and consumer protection. The aim is to analyze the practice of deepfake content production from the perspective of Islamic ethics and media jurisprudence, assess its impact on Muslim consumer perception, and formulate Sharia-based ethical guidelines grounded in maqāṣid al-sharī‘ah. The research employs a qualitative approach using library research and content analysis methods, drawing data from classical and contemporary literature, the Qur’an, Hadith, and previous studies. The findings reveal that the use of deepfake technology in halal promotion has the potential to create misinformation (tagrīr), violate the principles of honesty (ṣidq) and trustworthiness (amānah), and undermine consumer protection. The study emphasizes the importance of maqāṣid al-sharī‘ah as an ethical standard for validating digital content. The main contribution of this research lies in formulating a Sharia ethical framework for halal digital marketing practices, which can serve as a guideline for producers, academics, and policymakers to maintain the competitiveness of the halal industry without neglecting moral and spiritual responsibility.
Deepfake, halal product promotion, Islamic ethics, media fiqh, maqasid al-shariah.
Copyright (c) 2025 Ihwan Wahid Minu, Nasrullah bin Sapa https://creativecommons.org/licenses/by-nc-sa/4.0
Opportunity, Challenge, and Strategy of Media in Increasing Waqf Literacy: Correlation and Thematic Interpretation of Relevant Quranic Verses
This study aims to analyze the role of media in enhancing waqf literacy in Indonesia by identifying the opportunities, challenges, and strategies that can be implemented through the integration of thematic interpretations of relevant Quranic verses. This research employs content analysis and thematic interpretation methods to examine the Quranic verses relevant to the research topic. Data are collected from various literature sources, focusing on verses related to charity and waqf, as well as studies concerning media that enhance public understanding of waqf. The results indicate that both mass and digital media play a significant role in improving waqf literacy through strategic information dissemination tailored to audience characteristics. The use of modern technology, collaboration with waqf institutions and religious communities, and real-time analytics present substantial opportunities to broaden public understanding of waqf. However, challenges include a lack of in-depth understanding of waqf among journalists, competition with sensational content on social media, and resource limitations. Effective strategies that can be implemented include the development of engaging educational content, strategic collaborations, multi-channel approaches, and training for journalists.
media, waqf literacy, strategy, digital technology, quran
Copyright (c) 2025 Azwar Azwar, Achmad Abubakar, Muhammad Irham
Investigasi Kualitatif pada Faktor-faktor yang Mendorong Minat Masyarakat terhadap Penggunaan Bank Syariah di Indonesia
Islamic banking is present as a solution to the conventional banking system, by offering products that are in accordance with Islamic principles, Islamic banking has succesfully developed in Indonesia. This research aims to identify the factors that drive people’s interest in using the products. Using a qualitative approach, this study collected data trhough interviews with informants who have experience or interest in Islamic banking products. The results show that the factors that influence people’s interest in using Islamic bank products and services are driven by the awareness of halal principles and the concept of usury, people are also very satisfied with the administrative costs wich are considered lower than the administration of conventional banks. In addition, the variety of Islamic bank products has also succeesed in attracking public attention. This has a positive impact on the national economy. However, the level of public understanding of these products still needs to be improved. Some complex Islamic products are often insufficiently understood by the general public, therefore, more intensive education is needed tp maximize the utilization of sharia financial products.
Islamic Economics, Sharia Banking, Usury, Public Interest.
Copyright (c) 2025 Rizka Nabilah Al-Wakhidah, Muhammad Yazid
Pemanfaatan Media Sosial Instagram sebagai Islamic Digital Marketing Promosi Lingerie pada Akun Wifeonly
Lingerie is a category of women's underwear that implies that it is attractive, fashionable or both. Lingerie is made of light, elastic, smooth, thin, or decorative fabrics such as silk, satin, spandex, chiffon or lace. Wifeonly is a brand owned by Meilia, an entrepreneur from Semarang who initially sold books but shifted to the underwear fashion business due to a continuous decline in book sales. Now wifeonly produces underwear & herbs such as panties, bras and lingerie. Uniquely the system that meilia builds in her business is a Syar'i system or Islamic marketing and makes Instagram the only media to sell her products. The theory used in this research is Islamic digital marketing. This study aims to find out the efforts and attention of business owners in applying the halal system to the products they sell even though their superior products are very vulnerable to being judged negatively in terms of the intended use. The method used in the research is field research, namely a research method that collects data directly in the field, involving observation, interviews, and documentation to understand phenomena in their original context. Now Wifeonly, whose business is rapidly on social media, has a follower of 40,600 people with a turnover of hundreds of millions per month, has answered questions and concerns of some parties about its business, especially the purpose and purpose of using its main product, namely lingerie. The results of the analysis that has been carried out that Wifeonly has implemented Islamic values from the Islamic digital marketing concept.
Syirkah al-Wujūh Perspektif Mazhab Syafii dan Mazhab Hambali
Syirkah al-Wujūh is a partnership contract between two individuals who do not possess capital but rely on their social reputation and credibility in the community. This study aims to understand the concept of syirkah al-wujūh from the perspectives of the Shafi'i and Hanbali schools and to determine which opinion is more authoritative between them. This research employs a qualitative descriptive approach (non-statistical), focusing on the study of textual sources using normative and comparative approaches. It examines various aspects by relying on secondary sources from the Qur’an, Hadith, and the views of scholars in fiqh literature discussing syirkah al-wujūh. The findings of this research are as follows: First, according to the Shafi'i school, syirkah al-wujūh is a cooperation contract between two parties who share the profits obtained from purchasing goods based on their social reputation. Meanwhile, the Hanbali school defines syirkah al-wujūh as a partnership between two or more individuals who share profits from goods purchased on a deferred payment basis, relying on their social credibility. Second, the two schools differ in their interpretation of the syirkah al-wujūh contract, leading to different legal rulings regarding its validity. The stronger opinion between the two ultimately refers to the general legislation on syirkah, as there is no explicit evidence permitting or prohibiting specific forms of syirkah, including syirkah al-wujūh. The implication of this research is that it can serve as a reference for resolving community issues related to syirkah al-wujūh and as a guideline for entrepreneurs or business practitioners facing similar situations.
Copyright (c) 2025 Muttazimah Muttazimah, Kurnaemi Anita, Nur Ismi Auliah
Analisis Fikih Muamalah terhadap Akad Kerjasama Sponsorship Perusahaan Rokok dalam Kegiatan Keagamaan
This research examines the sponsorship contract of cigarette companies in religious activities according to fiqh muamalah in line with the rise of this phenomenon in Indonesian Muslim society. This research aims to find out and understand the muamalah fiqh on sponsorship contracts related to the law of cooperation with cigarette companies in religious activities. This research uses descriptive qualitative research, which takes data sources from library books (library research) using a normative approach that uses the Qur'an and sunnah as the main reference and a sociological approach analysing interrelated social structures. The results showed that cigarette companies as sponsors in the religious field, which is seen as a condition inversely proportional to religious goals. Religion teaches us about taking care of ourselves, not doing damage on earth and not oppressing others. So that by sponsoring religious activities, it seems to support the spread of smoking itself, which we already know has a negative impact on the health of the body. The original law of the contract is valid, what is being discussed is the halalness of the object of the goods being promoted. This contract is not valid considering the harm and the law of this cigarette. This research is expected to contribute and become one of the sources of knowledge for knowledge seekers in knowing the law of sponsorship cooperation contracts in cigarette companies.
Sponsorship, Cigarette Companies, Muamalah Fiqh, Religious Activities
Copyright (c) 2025 Andi Dahmayanti, Risdayani Risdayani, Munawara Munawara, Hayyul Maryam
Sistem Reseller pada Transaksi Jual Beli dalam Perspektif Fikih Muamalah
This research aims to find out and understand the reseller system in buying and selling transactions from the perspective of muamalah fiqh. This research uses a type of qualitative descriptive research which focuses on the study of manuscripts and texts. The results of this research found that first, the reseller system used in buying and selling transactions is a supporter in the smooth running of buying and selling transactions. As is known, a reseller is a person who resells goods after he has bought them, where he can increase or exceed the price of the goods from the initial or previous price. The reseller system nowadays is really needed because with this system buying and selling transactions can run smoothly and is very helpful for sellers in developing their products so that everyone knows them. Second, the reseller system is allowed. Because this system also includes buying and selling transactions which are permitted in Islam. Because resellers also include contracts or exchange transactions (money from the buyer and goods from the seller). So, just as buying and selling is permitted in the Qur'an and Sunah, so are resellers as long as they fulfill the terms and conditions of buying and selling.
Reseller, Buying and Selling, Muamalah Fiqh
Copyright (c) 2025 Rosmita Rosmita, Nur Aidah
Tinjauan Hukum Islam terhadap Penerapan Praktek Ju‘ālah Ternak Sapi dalam Mudarabah (Studi Kasus Desa Bontomanai Kecamatan Rilau Ale Kabupaten Bulukumba)
The Islamic economic system is very much needed as in the application of cooperation contracts and profit sharing in the field of animal husbandry, especially in villages that depend on cattle farming as a source of income. This research aims to analyse the application of mudarabah concept in cattle ju'ālah contract in Bontomanai Village, Rilau Ale Sub-district, Bulukumba Regency. This research uses qualitative field research with research approaches including normative, descriptive, and case study approaches. The results showed that the mechanism for implementing the cooperation contract in Bontomanai Village involves the investor who provides the mother cow and the mudarib who maintains it, the profit sharing is divided according to the initial agreement agreed by both parties. as for any losses, it will be fully borne by the owner of the capital, unless the loss is caused by the negligence of the mudarib. In the distribution of profits, both parties agree to share the results of 1 calf for the capital owner at the first birth of the mother cow and 1 calf for the farmer at the second birth of the mother cow. The practice of applying mudarabah with ju'ālah profit sharing is in accordance with the principles of Islamic law, as long as both parties comply with the initial agreement that has been agreed upon and are able to overcome the garar contained in this profit-sharing cooperation. The implications of this research are expected to contribute to the development of literature on the application of sharia contracts in the livestock sector and can be a reference for village communities that have the same potential, especially in mudarabah contracts with ju'ālah profit sharing contracts in cattle.
Copyright (c) 2025 Zulfiah Sam, Syamsiah Nur, Risdayani Risdayani, Srimustika Srimustika
Urgensi Implementasi Green Ekonomy terhadap Pemeliharaan Jiwa Manusia (Hifz Nafs) Perspektif Al-Qur’an
This study aims to analyze how the urgency of implementing the green economy on the maintenance of the human soul (Hifz Nafs) perspektif al quran. This research is a qualitative study by conducting library research. The data in the study was obtained by conducting content analysis of sources that have relevance to the topic of research conducted. The results of the study indicate that the importance of implementing the green economy concept in the economy is First, in general, environmental damage that occurs comes from economic activities carried out by individuals in households and by industry. Second, environmental maintenance is part of maintaining human survival (hifz Nafs), and environmental damage is a threat to human survival. Third, the concept of green economy is in line with the goals of the Indonesian national economy as stated in the Constitution Article 33 paragraph 4. Fourth, in the Koran it is clearly stated that the purpose of humans being created was as caliphs who were responsible for making the earth prosperous, not vice versa.
Copyright (c) 2025 Fatmawati Fatmawati, Achmad Abubakar, Sohrah Sohrah, Heri Iswandi
Pendistribusian Zakat yang Tepat Untuk Mencapai Target SDG’s dan Target Global 2030 Studi Kasus BAZNAS DIY
Zakat plays a strategic role in poverty alleviation and enhancing community welfare, aligning with the objectives of the Sustainable Development Goals (SDGs) and the 2030 global agenda. This study aims to analyze the effectiveness of zakat distribution by the National Zakat Agency (BAZNAS) of the Special Region of Yogyakarta (DIY) in supporting the achievement of specific SDG targets, particularly poverty reduction (SDG 1), quality education (SDG 4), and inclusive economic growth (SDG 8). Using a qualitative approach and a case study method, this research explores BAZNAS’ policies, programs, and the challenges in ensuring targeted zakat allocation. The findings indicate that optimizing zakat distribution based on the needs of mustahik (beneficiaries) and utilizing digital technology can accelerate the realization of the SDGs. Therefore, stronger synergy between BAZNAS, the government, and other stakeholders is essential to enhance the effectiveness and impact of zakat in supporting the global development agenda by 2030.
Zakat, SDGs, Global Target 2030, BAZNAS, Zakat Distribution
Copyright (c) 2025 Edo Segara Gustanto Edo, Bani Idris, Faozi, Nursya'bani Purnama https://creativecommons.org/licenses/by-nc-sa/4.0
Perkembangan dan Pemetaan Riset Wakaf Produktif: Analisis Bibliometrik
This study aims to map and analyze the development of research on productive waqf using bibliometric methods in reputable international publications. The research employs quantitative methods through bibliometric analysis on the Scopus database from 2004 to 2024. The results show a significant increase in publications on productive waqf in recent years. The most productive author/researcher in this area and the most frequently cited is A. Ascarya. In terms of publication media, the Journal of Islamic Accounting and Business Research has emerged as a popular platform. Topic mapping results reveal that the keyword "Indonesia" is a focal point in the study of productive waqf. Topics closely related to Indonesia, such as potential, productive waqf, cash waqf, empowerment, development, and company management, are important aspects in the management and empowerment of waqf in the country. Newer research areas, such as empirical evidence, financing models, cash waqf literacy, cash waqf, and Baitul Maal wat Tamwil, have likely been developing in recent years. In terms of density, topics like impact, empirical evidence, and financing models appear to be less explored and may present promising research areas for the future.
productive waqf, bibliometric, topics, publications, Scopus
Copyright (c) 2024 Azwar Azwar, Khaerul Aqbar
Sanksi Denda Uang bagi Pelanggar Peraturan dalam Perspektif Hukum Islam: Studi Kasus Penerapan Peraturan Asrama Putri Ma'had Al Ishlah Maros Tahun 2019-2020
The application of monetary penalties as a disciplinary measure in Islamic law has sparked diverse scholarly debates, particularly regarding its validity and conditions for implementation. This study examines the regulations and enforcement of monetary penalties at the female dormitory of Ma’had Al-Ishlah Maros during 2019–2020, aiming to analyze their alignment with Islamic jurisprudence. The primary research questions address (1) the rules and practices surrounding monetary penalties in the dormitory and (2) the Islamic legal perspective on their implementation. This research employs a qualitative field study (Field Research) with a case study approach. Data collection methods include observation, interviews, and documentation, analyzed through normative theological and sociological perspectives. The findings reveal that monetary penalties were applied in three administrative domains: language, cleanliness, and memorization (tahfīẓ), based on a verbal consensus between the dormitory administrators and students. In Islamic jurisprudence, the discourse on monetary penalties is divided: some scholars permit it under judicial authority for public welfare, while others, upheld by the majority (jumhūr), categorically prohibit it, citing the principle of safeguarding Muslim property and avoiding unjust enrichment. Fatwa from Lajnah Daimah supports the prohibition of monetary penalties imposed without legitimate religious authority, even when agreed upon consensually. This study contributes to the discourse on disciplinary measures in Islamic educational settings by exploring the tension between contemporary practices and classical jurisprudence. It highlights the need for further refinement of disciplinary frameworks in Islamic boarding schools to ensure compliance with Shariah principles and foster ethical governance.
Monetary Penalties, Islamic Jurisprudence, Disciplinary Measures
Copyright (c) 2024 Riska Riska, Farida Aprianti, Muqnitah Muqnitah, Awal Rifai
Perlindungan KUH-Perdata dalam Pemutusan Sepihak pada Kontrak Kerja Tinjauan Fikih Muamalah
The legal protection of the Civil Code and muamalah jurisprudence is needed to answer and provide a solution to problems related to unilateral termination of employment relations by a company or limited liability company or individual that occurs in society. This research aims to analyze the protection provided by the Civil Code (KUH-Perdata) in the context of unilateral termination of employment contracts with a review of the principles of muamalah fiqh. The research results show: First, the Civil Code provides protection for workers affected by unilateral termination of employment contracts through various provisions that regulate workers' normative rights, including the right to income, benefits and protection against discrimination. Second, muamalah fiqh has several principles that are relevant in assessing the validity and justice of unilateral termination of an employment contract, such as justice, agreement, fair compensation, freedom of contract and must be carried out taking into account sharia principles, such as fairness, honesty and equality. Therefore, the parties involved in an employment contract must understand and respect each other's rights. Third, regarding the provisions of the Civil Code which regulate unilateral termination of employment contracts, it can be concluded that most of the principles of muamalah fiqh are reflected in Indonesian civil law. However, there is still room for increasing protection for workers in unilateral termination in accordance with the values ​​of muamalah fiqh.
Protection, Unilateral Termination, Civil Code, Muamalah Fiqh
Copyright (c) 2024 Iskandar Iskandar, M. Dzulfaldi S., Srydewi Awaliani Syaputri
Analisis Penerapan BPJS Kesehatan Ditinjau Dari Prespektif Ekonomi Islam
Studi ini menganalisis implementasi BPJS Kesehatan, program asuransi kesehatan nasional Indonesia, dari perspektif ekonomi Islam. BPJS Kesehatan berperan penting dalam memberikan perlindungan kesehatan bagi masyarakat Indonesia melalui model cross-subsidization, di mana yang kaya mensubsidi yang membutuhkan. Dari sudut pandang Islam, BPJS Kesehatan sejalan dengan prinsip ta'awun (bantuan timbal balik), keadilan, dan keadilan sosial, yang merupakan dasar dalam ekonomi Islam. Namun, tantangan seperti ketidakpuasan terhadap kualitas layanan, defisit keuangan, dan kepuasan publik terhadap layanan BPJS Kesehatan menyoroti area yang perlu perbaikan. Melalui analisis kualitatif, studi ini mengevaluasi mekanisme BPJS Kesehatan dan mengusulkan penyesuaian untuk lebih selaras dengan prinsip Syariah. Artikel ini bertujuan untuk berkontribusi pada pengembangan sistem asuransi kesehatan yang sesuai dengan standar yang berkelanjutan dan etis seperti yang diamanatkan oleh ekonomi Islam.
Copyright (c) 2024 Zhella Annisa, Muhammad Akmal Chesta Adabi, Rohmah Sabiq, Raisa Syabani
Optimalisasi Prinsip Lā Ḍarar wa Lā Ḍirār dalam Akad Mudarabah: Studi Kasus Praktik Bisnis Mizuta di Makassar
The practice of mudarabah is often a topic of debate, particularly when mudarabah financing involves capital contributions from the mudarib. Therefore, it is necessary to find solutions to the issues within the mudarabah contract by applying fiqh principles. This study aims to understand the concept of the mudarabah contract in Islam and its relation to the principle of lā ḍarar wa lā ḍirār. The research questions addressed are: first, how does the concept of the mudarabah contract in Islam relate to the principle of lā ḍarar wa lā ḍirār? Second, how is the principle of lā ḍarar wa lā ḍirār implemented in mudarabah partnerships in Mizuta Makassar?. This research employs a qualitative method with normative and sociological approaches, and it is conducted as field research. The findings reveal: firstly, in the mudarabah contract, the ṣāḥibu al-Māl, as the capital owner, entrusts all their assets to the mudarib, who manages these assets under the condition that the profit is shared according to the initial agreement. In practice, there is often injustice between the parties involved, which necessitates the application of the principle of lā ḍarar wa lā ḍirār to prevent harm. Secondly, in Mizuta Makassar, the principle of lā ḍarar wa lā ḍirār is implemented through the establishment of a clear contract from the outset, transparency in reporting, and regular evaluation meetings. To date, this approach has successfully prevented disputes within the partnership. The implications of this study are expected to serve as a reference for other researchers in similar studies and to further develop research in this field.
Mudarabah Contract, Principle of Lā Ḍarar wa Lā Ḍirār, Shariah Implementation
Copyright (c) 2024 Sri Reski Wahyuni Nur, Saadal Jannah, Nabilah Al Azizah, Shaimah Azzahar
Sistem Jual Beli Benih Ikan Berdasarkan Prediksi Jumlah dan Berat dalam Tinjauan Fikih Muamalat (Studi Kasus Usaha Nahla Nila Sempange, Desa Pakkanna Kabupaten Wajo)
Penelitian ini bertujuan untuk mengetahui dan memahami hukum terkait sistem penjualan benih ikan berdasarkan prediksi jumlah dan berat pada usaha Nahla Nila. Permasalahan yang penulis angkat dalam penelitian ini yaitu: pertama, bagaimana sistem penjualan benih ikan berdasarkan prediksi jumlah dan berat pada usaha Nahla Nila; kedua, bagaimana tinjauan fikih muamalat tentang sistem penjualan benih ikan berdasarkan prediksi jumlah dan berat pada usaha Nahla Nila. Metode yang digunakan dalam penelitian ini adalah metode penulisan (field research) dengan fokus pada data kualitatif. Proses pengumpulan data dilakukan melalui observasi langsung di lapangan, wawancara dengan berbagai pihak terkait, serta analisis data dari dokumen-dokumen tertulis sebagai sumber informasi. Hasil penelitian ini menunjukkan bahwa: pertama, sistem jual beli benih Ikan berdasarkan prediksi jumlah dan ukuran pada Usaha Nahla Nila yaitu penjualan benih ikan menggunakan takaran gram 1 ekor benih ikan nila sebagai sampel untuk dikalkulasikan dengan jumlah benih ikan yang akan dibeli. Kedua, tinjauan fikih muamalat penjualan benih ikan berdasarkan prediksi jumlah dan berat pada usaha Nahla Nila hukumnya sah dan mubah (dibolehkan), karena telah memenuhi rukun dan syarat jual beli. Implikasi penelitian ini adalah menjelaskan sistem jual beli dan tinjauan fikih muamalat penjualan benih ikan nila berdasarkan prediksi jumlah dan berat pada usaha Nahla Nila. Penelitian ini diharapkan dapat memberikan sumbangan pengetahuan dan khazanah keislaman secara pribadi maupun secara umum kepada seluruh kalangan masyarakat terkhusus bagi pelaku usaha ikan nila terkait sistem jual beli dan tinjauan fikih muamalat penjualan benih Ikan berdasarkan prediksi jumlah dan ukuran.
Benih ikan, fikih muamalat, jual beli, prediksi jumlah dan berat, usaha Nahla nila sempange
Copyright (c) 2024 M. Kasim, Awal Rifai, Muhammad Akib
Praktik Developer Syariah Tanpa Kredit Perbankan Perspektif Fikih Muamalah (Studi Kasus di Perumahan Istiqomah Kabupaten Berau)
The research aims to analyse the law of sharia developer practices without bank credit in Istiqomah Housing in the perspective of fiqh muamalah. This research uses qualitative field research with a research approach using normative and sociological approaches. As for data collection through interviews and documentation, then the data is analysed using qualitative descriptive analysis. The results of the research found that long-term credit begins with negotiations between the housing authority and consumers regarding the fees to be paid, as well as determining the time to install the house with a maximum time of 10 years. This agreement is written, signed and owned by both parties. Home financing in Istiqomah housing uses an istiṣnā‘ contract, where istiṣnā’ is a form of sale and purchase contract that involves ordering the manufacture of goods. The housing developer provides a credit payment system without going through a bank, and this credit sale and purchase is allowed in sharia. The ruling on the sale and purchase of housing is permissible because it fulfils the pillars and conditions of the sale and purchase contract and does not contradict the Islamic Shariah. The implications of the research are expected to be a good reference for developers, consumers, and the community to always apply home sale and purchase financing in accordance with Islamic law.
Sharia Developer, Fiqh Muamalah, Istiqomah Housing
Copyright (c) 2024 Andi Dahmayanti, Munawara Munawara, Risdayani Risdayani, Rodhiyyah Nur Pratiwi
Pelanggaran terhadap Akad Mudarabah dalam Perspektif Fikih Mu’amalah (Studi Analisis Kaidah al-Hukmu Yadūru Ma’a ‘Illatihi Wujūdan wa ‘Adaman)
This study aims to determine the violation of the mudarabah contract in terms of the rules of the proposal of al-hukmu yadūru ma'a 'illatihi wujūdan wa 'adaman). This research uses a type of qualitative descriptive research using normative approach methods and sociological approaches. The results of the study found that violations of the mudarabah contract occur if the contract is not in accordance with the pillars, terms, and conditions that must be in the mudarabah contract, 'Illat in the mudarabah contract includes the perpetrator, the object of the transaction (capital, profit), and the contract (shighat). If the 'illat in the mudarabah contract does not exist, then the contract is haram. The implications of this research are expected to be a reference, reading material that is easy to understand, and become a positive reference material and information to the government entrepreneurs, and society in general.
Copyright (c) 2024 Saadal Jannah, Andi Dahmayanti, Windy Sulfiana