Sharia financial in cross civilization and humanity: a study of alternative solutions to the economy
DOI:
https://doi.org/10.21580/jiemb.2021.3.2.11698Keywords:
usury, sharia financial, civilization, humanity, Islamic economicsAbstract
Ribā is a global humanitarian problem, so it negatively impacts human life. Therefore, the non-ribawī system built by Islam can be an alternative to the global and national financial systems.This research aims to explore the implementation of the sharia system as an alternative or solution to the financial system in Indonesia and its impacts. This research uses a descriptive qualitative approach with secondary data sources, namely official documents on Islamic economics and official documents of Islamic banks. The results of this study indicate that one of the implementations of the Islamic economy is through Islamic banking. Islamic banking can be an alternative solution to the economic system in Indonesia. In addition, the application of Islamic economics has a reasonably broad impact on society, one of which is that Islamic economics can reduce economic vulnerability due to a decoupling economy phenomenon. Through a profit-sharing system, the Islamic economy makes no distance between the financial and real sectors. This research has implications for efforts to avoid speculative financing, financial market exploitation, and a social environment that only favours the economic interests of capital owners.
Downloads
References
Amiruddin, M. (2012). Riba dalam Alquran (Suatu Kajian dengan Pendekatan Maudhu’iy). Diktum: Jurnal Syariah Dan Hukum, 10(1). https://doi.org/10.35905/diktum.v10i1.255
Anshori, A. G. (2008). Sejarah Perkembangan Hukum Perbankan Syariah di Indonesia dan Implikasinya bagi Praktik Perbankan Nasional. La_Riba: Jurnal Ekonomi Islam, 2(2), 159–172. https://doi.org/10.20885/lariba.vol2.iss2.art1
Asutay, M. (2007). A Political Economy Approach to Islamic Economics: Systemic Understanding for an Alternative Economic System. Kyoto Bulletin of Islamic Area Studies, 1(2), 3–18. Retrieved from https://ssrn.com/abstract=1735619
Badan Pusat Statistik. (2018). Bank dan Kantor Bank, 2010–2017. Retrieved July 15, 2021, from bps.go.id website: https://www.bps.go.id/statictable/2015/09/28/1856/bank-dan-kantor-bank-2010-2017.html
Chair, W. (2014). Riba dalam Perspektif Islam dan Sejarah. Iqtishadia: Jurnal Ekonomi & Perbankan Syariah, 1(1), 98–113. https://doi.org/10.19105/IQTISHADIA.V1I1.368
Hamidi, M. L. (2012). The Crisis: Krisis Manalagi yang Engkau Dustakan (1st ed.). Jakarta: Republika.
Hanifullah. (2012). Membangun Sistem Ekonomi Umat Berbasis Syariah. Epistemé: Jurnal Pengembangan Ilmu Keislaman, 7(2), 267–292. https://doi.org/10.21274/epis.2012.7.2.267-292
Kalsum, U. (2014). Riba dan Bunga Bank dalam Islam (Analisis Hukum dan Dampaknya terhadap Perekonomian Umat). Al-’Adl, 7(2), 97–83. https://doi.org/10.31332/ALADL.V7I2.220
Kemenag. (2018). Perbankan Syariah Prodi Paling Favorit Pilihan Peserta SPAN-PTKIN. Retrieved from Kemenag.go.id website: https://kemenag.go.id/read/perbankan-syariah-prodi-paling-favorit-pilihan-peserta-span-ptkin-npl40
Majelis Ulama Indonesia. (2004). Fatwa Majelis Ulama Indonesia Nomor 1 Tahun 2004 tentang Bunga (Interest/Fa’idah). Retrieved from https://mui.or.id/wp-content/uploads/files/fatwa/32.-Bunga-InterestFaidah.pdf
Miles, M. B., & Huberman, A. M. (1994). Qualitative Data Analysis: An Expanded Sourcebook (2nd ed.). California: Sage Publications.
Otoritas Jasa Keuangan. (2017). Roadmap Pengembangan Keuangan Syariah Indonesia 2017-2019. Retrieved August 5, 2021, from ojk.go.id website: https://www.ojk.go.id/id/kanal/syariah/berita-dan-kegiatan/publikasi/Pages/Roadmap-Pengembangan-Keuangan-Syariah-Indonesia-2017-2019.aspx
Rahmawaty, A. (2013). Riba dalam Perspektif Keuangan Islam. Jurnal Hukum Islam, 14(2), 1–36. Retrieved from https://d1wqtxts1xzle7.cloudfront.net/32619781/jurnal_keuangan_islam-libre.pdf?1391095797=&response-content-disposition=inline%3B+filename%3DJurnal_keuangan_islam.pdf&Expires=1675867457&Signature=A9VvdrS52GfX2nNWXr3dtXy5ynuMgd7Iw4LSom6f6rYO6CwJbRQK8wX1hJw
Rodin, D. (2015). Tafsir Ayat Ekonomi. Semarang: CV. Karya Abadi Jaya.
Sarono, A. (2015). Mengkritisi Makna Hukum Riba Bunga Bank. Humanika, 21(1), 75–85. https://doi.org/10.14710/humanika.21.1.75-85
Setiawan, A. B. (2006). Perbankan Syariah; Challenges dan Opportunity Untuk Pengembangan di Indonesia. Jurnal Kordinat, 8(1). Retrieved from https://www.academia.edu/6647236/Perbankan_Syariah_Challenges_dan_Opportunity_Untuk_Pengembangan_di_Indonesia
Shockley, M. (2015). Some history of economic thought on usury: Aristotle, Aquinas, and Calvin. Economics, 406, 31–38. Retrieved from https://mospace.umsystem.edu/xmlui/handle/10355/44902
Syukron, A. (2013). Dinamika Perkembangan Perbankan Syariah di Indonesia. Economic: Jurnal Ekonomi Dan Hukum Islam, 3(2), 28–53. Retrieved from http://ejournal.kopertais4.or.id/tapalkuda/index.php/economic/article/view/785
Tho’in, M. (2016). Larangan Riba dalam Teks dan Konteks (Studi atas Hadits Riwayat Muslim tentang Pelaknatan Riba). Jurnal Ilmiah Ekonomi Islam, 2(2), 63–72. https://doi.org/10.29040/jiei.v2i02.44
Wulandari, R. (2019). Penyajian Laporan Keuangan Baitul Maal Wa Tamwil di Pontianak” Penerapan Standar Akuntansi Keuangan Syariah dalam Penyajian Laporan Keuangan Baitul Maal wa Tamwil di Pontianak. Jurnal Repository, 2(1). Retrieved from https://jurnal.upb.ac.id/index.php/equalibrium/article/view/82
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
