Shimah Fauziah Yeubun
Departemen Islamic Economics, IAIN Fattahul Muluk Papua

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Sharia Stock Investment On The Indonesian Stock Exchange In The Perspective Of Sharia Economic Law Muhammad Fatihk Robbyanzah; Gita Ayu Wulan Sari; Mirna Keliwawa; Muhammad Rizal Ariansyah; Samsul Fadli Irianto; Jukri Baharuddin; Shimah Fauziah Yeubun
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 2 (2024): (DESEMBER) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i2.1220

Abstract

Stock transactions in the capital market are considered speculative activities so that they are prohibited by Islam and are not in accordance with sharia because they lead to gambling. This study aims to provide an explanation to prospective investors about the law of stock investment from the perspective of sharia economic law. This research method uses a literature study which is used to examine the basis of sharia economic law regarding stock investment. The research results show that stock transactions are a business agreement (trade association or partnership), so buying and selling shares on the Indonesian Stock Exchange is permitted because shares are proof of ownership of a company in the form of assets. The jurists who allow this are Abu Zahrah, Abdurrahman Hasan and Abdul Wahab Khallaf.
Implementation Of Zakat Funds For Educational Facilities And Infrastructure In The City Of Jayapura Bintang Eka Saputry; Erni Mimin Indriani; Irham Renyaan; Marwa Fatkhurohmah; Jukri Baharuddin; Shimah Fauziah Yeubun
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 2 (2024): (DESEMBER) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i2.1221

Abstract

The implementation of zakat funds for educational facilities and infrastructure in Jayapura City is a strategic step in improving access and quality of education for the local community. Education is very important for the development of human resources. In order to develop human resources, adequate facilies and infrastructure are needed to support the development process. One way to create adequate facilities and infrastructure is through the ese of zakat funds allocated for educational facilities and infrastructure. The results of the research show that it is permissible to channel zakat funds to build educational facilities and infrastructure, because it is part of the struggle in the way of Allah (fisabillilah). This research aims to analyze the implementation of zakat funds in the development of educational facilities and insfastructure in Jayapura Citry through the National  Zakat Amal Agency (BAZNAS) in Jayapura City. Zakat, as an Islamic financial instrument, has great potential to support improving the quality of education in areas that need it. This research uses a qualitative method with a case study approach, where data is collected through analysis of related documents. This research provides important insights into how zakat funds can be used effectively to improve the quality of education in areas in need, as well as challenges and solutions that can be applied to increase zakat participation and management.