Samheri
STAI Al Mujtama Pamekasan

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Implementation of the Murabahah Contract in Agricultural Capital Financing (MURNI): An Islamic Economic Law Analysis at KSPPS Nuri East Java, Pasean Branch, Pamekasan Uswatun Hasanah; Samheri
Journal of Creative Power and Ambition (JCPA) Vol. 4 No. 02 (2026): Journal of Creative Power and Ambition (JCPA)
Publisher : CV Edujavare Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70610/jcpa.1631

Abstract

This study examines the implementation of the murabahah contract in the Agricultural Capital Financing (MURNI) product at KSPPS Nuri East Java, Pasean Branch, Pamekasan, and analyzes its conformity with the principles of Islamic Economic Law. This research employed an empirical legal research method using a qualitative approach. Primary data were obtained through interviews with the Sharia Supervisory Board and financing officers, while secondary data were collected from legislation, the Compilation of Islamic Economic Law (KHES), the Fatwa of the National Sharia Council-Indonesian Council of Ulama (DSN-MUI), books, and relevant scientific journals. The findings reveal that the MURNI financing product is specifically designed to provide agricultural capital for farmers through a murabahah contract. The financing mechanism reflects the application of a sale and purchase contract rather than an interest-based lending system, thereby supporting productive economic activities in the agricultural sector. From the perspective of Islamic Economic Law, the implementation of the murabahah contract is generally consistent with the principles of Islamic commercial jurisprudence, particularly regarding the use of a sale-based financing scheme. Nevertheless, ensuring comprehensive sharia compliance requires consistent implementation of the essential elements and conditions of murabahah, including transparency in cost disclosure, agreed profit margins, legal certainty of the transaction object, and effective supervision by the Sharia Supervisory Board. Strengthening these aspects is essential to maintain the integrity of Islamic financing practices and to enhance public confidence in sharia-based agricultural financing.
The Validity of Sale and Purchase Contracts in the Al-Mujtama' Islamic Boarding School, Pamekasan: A Study Based on Imam al-Shafi'i's Al-Umm Aisatul Qomariyah; Samheri
Journal of Creative Power and Ambition (JCPA) Vol. 4 No. 02 (2026): Journal of Creative Power and Ambition (JCPA)
Publisher : CV Edujavare Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70610/jcpa.1645

Abstract

Self-service transactions, in which buyers independently select goods, make payments, and collect change without the seller's direct involvement, represent an emerging form of commercial practice that has been increasingly adopted in various educational institutions, including Islamic boarding schools (pesantren). One such practice is implemented in the canteen of Al-Mujtama' Islamic Boarding School, Pamekasan, where transactions are conducted without verbal ijab (offer) and qabul (acceptance). This practice raises legal questions because, according to Imam al-Shafi'i, the ṣīghah (contractual expression) constitutes a fundamental element in the formation of a valid sale and purchase contract. This study aims to examine the validity of sale and purchase contracts implemented in the canteen of Al-Mujtama' Islamic Boarding School, Pamekasan, from the perspective of Imam al-Shafi'i as articulated in Al-Umm. The research employs a qualitative method using both empirical juridical and normative approaches. Primary data were collected through observations and interviews with the canteen management and students, while secondary data were obtained from Al-Umm, the Qur'an, Hadith, and relevant literature on Islamic economic law. Data were analyzed descriptively by comparing the transaction practices observed in the field with Imam al-Shafi'i's legal conception of contractual formation. The findings reveal that the transactions are conducted on the basis of mutual trust, voluntary consent, and established customary practice. Although no verbal ijab and qabul are expressed, the transactions satisfy the essential substantive requirements of mutual consent, certainty of the subject matter, price transparency, and the absence of gharar (excessive uncertainty) and fraudulent elements. Accordingly, based on an analysis of the concepts of contract formation, mu'āṭāh (sale by mutual conduct), 'urf (custom), and maqāṣid al-sharī'ah (the higher objectives of Islamic law), the practice may be regarded as substantively valid and demonstrates the flexibility of Islamic law in accommodating contemporary commercial practices while preserving fundamental Sharī'ah principles.