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Conceptual Distortion of Murabahah bil Wakalah and Its Implementation in Islamic Banking in Indonesia Samsul; Bin Sapa, Nasrullah; Ambo Masse, Rahman; Rizal, Abdul; Jamaluddin
Al-Mashrafiyah (Jurnal Ekonomi, Keuangan dan Perbankan Syariah) Vol 7 No 2 (2023): Oktober 2023
Publisher : Universitas Islam Negeri Alauddin Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24252/al-mashrafiyah.v7i2.38909

Abstract

The Islamic banking products that are highly relevant to the current market needs include Murabahah bil Wakalah products. However, there is inconsistency between the concept and its implementation in Islamic banking institutions, both banks and non-banks. Therefore, this study aims to examine the distortion of the concept of Murabahah bil Wakalah with its implementation in Islamic banking institutions in Indonesia. Using descriptive qualitative research methods, through library research in collecting data from various sources such as scientific journal articles and Fatwas from the National Sharia Council of MUI. The data obtained were analyzed by literature review comparing the concept and implementation of the Murabahah bil Wakalah contract. The results of this study indicate that there are several distortions found in the concept of Murabahah bil Wakalah with its practice in Islamic banking, particularly in terms of giving representation (wakalah) and ownership issues of the object of the contract, which should rightfully belong to the buyer (Ba’i).
Solusi Akad Murabahah bil Wakalah Pada Perbankan Syariah di Indonesia Putra, Trisno Wardy; Rahman Ambo Masse; Nasrullah bin Sapa
MADINAH Vol 11 No 1 (2024): Madinah: Jurnal Studi Islam
Publisher : INSTITUT AGAMA ISLAM TARBIYATUT THOLABAH LAMONGAN, INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58518/madinah.v11i1.2474

Abstract

A country's economic development can grow if its business sector is doing well. To maintain the existence of business growth, a source of financing capital is needed. This research aims to critically examine the murabahah bil wakalah financing contract in Islamic banking and provide solutions to these problems. This research uses a qualitative method. This study is descriptive analytic in which data collection is carried out by reviewing the literature then analyzing and interpreting the content to produce conclusions and recommendations. The results of the study suggest that there are several problems that occur in the murabahah bil wakalah contract, including goods that are not fully owned by the bank, moral hazard in customers, and an explanation of the cost and profit. The solution is that banks are expected to form a special unit to purchase goods for customers, the need to emphasize the contract at the beginning of the transaction to prevent moral hazard, and the activeness of the sharia supervisory board in overseeing all transactions carried out at Islamic banks.
KONSEP EKONOMI ISLAM VERSI ABDULLAH SAEED Asriyana, Asriyana; Masse, Rahman Ambo; Kara, Muslimin
Jurnal PenKoMi : Kajian Pendidikan dan Ekonomi Vol 7 No 2 (2024): Jurnal Penkomi : Kajian Pendidikan dan Ekonomi
Publisher : Sekolah Tinggi Keguruan dan Ilmu Pendidikan (STKIP) Bima

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33627/pk.v7i2.2117

Abstract

This article discusses the understanding of economic concepts in Islam, which has become the subject of extensive debate and has attracted interest from various backgrounds. One of the views that has emerged is the version put forward by Abdullah Saeed. In his version, Saeed discusses the basic principles of Islamic economics, which include the principles of justice, equal distribution, shared ownership, and the prohibition of usury. Emphasis on community empowerment through economic practices in accordance with Islamic teachings. This research is a qualitative descriptive study. The aim of this research is to interpret and explain data relating to the current situation, attitudes and views that occur in society, the conflict between two or more situations, the influence of a condition, or other things. This article will explore the key points in Abdullah Saeed's version of the concept of Islamic economics, as well as its impact on contemporary economic thought and economic practice in the Muslim world.
KONSEP KONSUMSI DALAM EKONOMI ISLAM KONTEMPORER VERSI ABDUL MANNAN DAN MONZER KAHF (Abad XIV H/ XV H/ Abad 20 M) Sandi, Ahmad; Kara, Muslimin; Masse, Rahman Ambo
Jurnal PenKoMi : Kajian Pendidikan dan Ekonomi Vol 7 No 2 (2024): Jurnal Penkomi : Kajian Pendidikan dan Ekonomi
Publisher : Sekolah Tinggi Keguruan dan Ilmu Pendidikan (STKIP) Bima

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33627/pk.v7i2.2125

Abstract

The purpose of this article is to find out and explore the views of Muhammad Abdul Mannan and the views of Monzar Kahf as contemporary Islamic economic thinkers with a focus on consumption. This research is conceptual research using qualitative research methods with literature review. The data used is secondary data, where secondary data is obtained from journal articles, proceedings, conferences, online news and official sites that have relationships or keywords that are appropriate to the topic. From the views of these two contemporary Islamic thinkers, regarding consumption, Muhammad Abdul Mannan emphasizes five principles of consumption, namely: Justice, cleanliness, simplicity, generosity and morality. Meanwhile, Monzer Kahf ties consumption in Islam to three things, namely Islamic rationalism, the concept of falah and the time scale.
Konsep Ekonomi Islam Versi Al-Mawardi dan Al-Ghazali fatimah, emi sri rahayu; Masse, Rahman Ambo; Kara, Muslimin
Jurnal PenKoMi : Kajian Pendidikan dan Ekonomi Vol 7 No 2 (2024): Jurnal Penkomi : Kajian Pendidikan dan Ekonomi
Publisher : Sekolah Tinggi Keguruan dan Ilmu Pendidikan (STKIP) Bima

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33627/pk.v7i2.2199

Abstract

ABSTRACT This article discusses the concepts of Islamic economic thought according to Al-Mawardi and Al-Ghazali. The purpose of this article is to study the economic thinking of Muslim scholars who lived during the Abbasid dynasty, namely Al-Mawardi and al-Ghazali. The research method used in writing this article is literature review. Literature reviews are used to analyze previous research related to the topic in this article. The research results obtained show that Al-Mawardi and Al-Ghazali through their thinking have studied Islamic economics comprehensively by showing that Al-Mawardi's thoughts about the state and economic activity, the concept of public loans, taxation, the urgency of state financial institutions (baitul maal), and the concept of justice is still very relevant in the current context.Then, Al-Ghazali's economic analysis focuses on a number of topics, such as the development of trade and markets, production, barter, and money, and the role of government and public finance. Meanwhile, Al-Ghazali's economic theory begins with the idea of maslahah which covers all human endeavors and establishes strong ties between humans and society.
DAMPAK COVID-19 TERHADAP PEMBIAYAAN BERMASALAH NASABAH DI BTN SYARIAH KCPS PANAKUKANG PADA TAHUN 2020 Akram Ista; Rahman Ambo Masse; Muh. Irwan. T; Yuli Irawan Rasit
Mu'amalat: Jurnal Kajian Hukum Ekonomi Syariah Vol. 16 No. 1 (2024): Juni
Publisher : Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/mu.v16i1.6653

Abstract

This study aims to determine the impact of Covid-19 on customer financing and to determine the impact of Covid-19 on banks, in this case BTN Syariah KCPS Pannakukang. This research is a qualitativeresearch conducted descriptively. The results of this study indicate that first, From the customer's perspective, namely the Covid-19 pandemic has greatly affected the customer's business merchandise sales, reduced and decreased income makes customers object to paying installments of financing, income during this pandemic is only to cover installment costs. the impact of this pandemic has made customers look for other income to meet their needs. Used to pay installments and basic daily needs. customers in terms of covering installments are half dead in looking for income to cover installment deposits.Second,From the perspective of the bank itself, namely BTN Syariah KCPS Panakukang, it has experienced a decrease in the level of community participation as an intermediary institution, the presence of Covid 19 has had an effect on turmoil in terms of views for leaders and employees regarding the best solution or solution that can be given to BTN KCPS Panakukang customers, the impact the Covid-19 pandemic for BTN Syariah KCPS Panakukang itself, namely issuing a special policy for BTN Syariah KCPS Panakukang customers.
Prinsip-Prinsip Dasar Ekonomi Islam Rafifah Abu, Rahmah; Rahmaniar; Ambo Masse, Rahman
Mauriduna: Journal of Islamic Studies Vol 5 No 1 (2024): Mauriduna: Journal of Islamic Studies, May 2024
Publisher : Lembaga Penelitian dan Pengabdian Masyarakat, Sekolah Tinggi Ilmu Bahasa Arab Ar Raayah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37274/mauriduna.v5i1.1300

Abstract

Penelitian ini bertujuan untuk menganalisis peran prinsip ekonomi Islam dalam menciptakan kesejahteraan yang berkeadilan bagi seluruh lapisan masyarakat. Dengan menggunakan metode kajian pustaka deskriptif, penelitian ini mengidentifikasi prinsip-prinsip utama ekonomi Islam, seperti keadilan, keseimbangan, tanggung jawab sosial, dan distribusi kekayaan yang adil. Hasil penelitian menunjukkan bahwa ekonomi Islam menawarkan solusi atas berbagai tantangan ekonomi modern, seperti ketimpangan, eksploitasi, dan ketidakadilan, melalui pendekatan yang lebih etis dan berlandaskan nilai-nilai spiritual. Dukungan kebijakan, peningkatan literasi, dan inovasi dalam sistem ekonomi Islam diperlukan agar potensi ini dapat dioptimalkan untuk menciptakan kesejahteraan yang inklusif dan berkelanjutan. This research aims to analyze the role of Islamic economic principles in creating equitable prosperity for all levels of society. Using a descriptive literature review method, this research identifies the main principles of Islamic economics, such as justice, balance, social responsibility and fair distribution of wealth. The research results show that Islamic economics offers solutions to various modern economic challenges, such as inequality, exploitation and injustice, through a more ethical approach and based on spiritual values. Policy support, increased literacy and innovation in the Islamic economic system are needed so that this potential can be optimized to create inclusive and sustainable prosperity.
THE EXPERIENCES FELT LIKE MEDIATORS BETWEEN CONSUMER PERCEPTION AND HALAL PRODUCT PURCHASE DECISIONS Pratiwi, Dhita; Kara, Muslimin; K, Amiruddin; Masse, Rahman Ambo; Wahab, Abdul
International Journal of Multidisciplinary Research and Literature Vol. 3 No. 5 (2024): INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY RESEARCH AND LITERATURE
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijomral.v3i5.251

Abstract

This study investigates the function of purchasing experience as a mediator in the correlation between consumer perception and purchasing decisions regarding halal products in Indonesia. This research employs a quantitative methodology utilizing a survey approach, incorporating a questionnaire that addresses demographic factors, consumer perceptions, purchasing experiences, and purchasing decisions. The study engaged 400 respondents selected through stratified random sampling. The regression analysis results showed that consumer perception has a positive and significant influence on buying decisions of halal products (coefficient = 0.45, p <0.001). Furthermore, path analysis revealed that purchasing experience is a considerable mediator (mediation coefficient = 0.105, p <0.001), strengthening the relationship between consumer perception and purchasing decisions. A substantial part of the decision-making process is the purchasing experience, which encompasses both the quality of the service and the level of satisfaction it provides. By using bootstrapping to test the hypothesis, it was determined that the purchasing experience had a significant mediating effect on the relationship. The confidence interval for this finding was between 0.080 and 0.135, which indicates that the hypothesis was supported. These findings highlight the importance of providing customers with a pleasant shopping experience, which highlights the need to improve purchasing decisions for halal products
APPLICATION OF SHARIA PRINCIPLES IN THE FINANCIAL MANAGEMENT OF MSMEs IN INDONESIA AT POLMAN, SULBAR Fauziah, Fauziah; Kara, Muslimin; Wahab, Abdul; Masse, Rahman Ambo; Sappeami, Sappeami
International Journal of Multidisciplinary Research and Literature Vol. 3 No. 6 (2024): INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY RESEARCH AND LITERATURE
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijomral.v3i6.278

Abstract

This investigation aims to investigate the integration of sharia principles into the financial management of micro, small, and medium-sized enterprises (MSMEs) in Polman, West Sulawesi Island. In-depth interviews with MSME actors and regional Sharia financing institutions comprise the qualitative methodology employed in this investigation. This study found that applying sharia principles, such as the use of mudharabah and musyarakah-based financing, positively impacts business sustainability and development. Sharia principles help MSME actors manage resources fairly and transparently and avoid detrimental usury practices. However, the primary challenge is MSME actors' need to understand sharia principles and limited access to appropriate sharia financing institutions. These limitations prevent optimal implementation and reduce the potential benefits. Therefore, this study suggests the importance of increasing understanding through training and socialization regarding sharia principles, strengthening institutions, and accessing sharia financing institutions. Enhanced accessibility and comprehension of Sharia financing are anticipated to foster the growth of more sustainable MSMEs and promote an inclusive local economy
Asuransi Syariah di Indonesia: Perkembangan, Faktor Pendukung, dan Strategi Nurrahimah, S.; Audia, Sitti Rabiatul; Masse, Rahman Ambo
Al-fiqh Vol. 1 No. 3 (2023): Al-fiqh : Journal of Islamic Studies
Publisher : CV Global Research Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59996/al-fiqh.v1i3.299

Abstract

Artikel ini bertujuan untuk mengetahui bagaimana perkembangan asuransi syariah di Indonesia dan faktor-faktor apa saja yang mendukung perkembangannya. Penelitian dilakukan dengan melakukan literatur review untuk melihat bagaimana perkembangan asuransi syariah di Indonesia. Berdasarkan kajian ini, disimpulkan bahwa perkembangan asuransi syariah di Indonesia terbilang signifikan yang ditanda tren peningkatan jumlah perusahaan, varian produk, dan kontribusi bruto. Adapun faktor-faktor yang mendukung perkembangan asuransi syariah antara lain regulasi yang jelas, tenaga pemasaran, dan peningkatan pemahaman masyarakat selaku calon nasabah. Perusahaan asuransi syariah perlu merancang strategi yang efektif untuk memperluas dan mengembangkan pasar.
Co-Authors A. Haerunnisah Azizah A. M. Nur Atma Amir A. Syatir Sofyan AA Sudharmawan, AA Abdul Chadjib Halik Abdul Rizal, Abdul Abdul Sumarlin Abdul Wahab Abdul Wahab Abdul Wahid Haddade Abdullah AF Abdut Tawwab, Muhammad Achmad Adnan Yahya Adji pratama, Satria Adriani Agung Pribadi Agus, Sherly Afriani Akram Ista Al fadli Ramadhan Aldi Nyawai Alfani Wahida Ali Halidin Ali Halidin ALI HALIDIN, ALI Alwi, Aulia Amiruddin, Muhammad Majdy Amri Rahman Andi Aderus Andi Fadli Natsif Andi Natsif, Fadli Andi Zulfikar Darussalam Anugrah Arifin, Asriadi Asapa, Nasrullah Asrandi, Muh Astriani Astuti Syam Audia, Sitti Rabiatul Aulia Alwi Aydi Syam, Aydi Ayu Ruqayyah Yunus Ayu, Vera Budi Iswanto Dahri, Muh. Ihsan Damira Dedy Irwansyah Dewi Arviani Pasimai EKA DEWINTARA Emi Sri Rahayu Fatimah Farah Khumaerah Arif, Nurul Fathurrahman Fauziah Fauziah Firawati Firawati Firman Firman Fitra Analia Fitri Handayani Fitri, Nurul Amalia H, Herianti Hamka Hamka, Hamka Hassan Alaaraj, Hassan Helmy Syamsuri Heriyani, Heriyani Idha Fadhilah Sofyan Idris Parakkasi Indradewa, Rhian irfan Djufri Irwan Misbach Ita Rukmanasari Jamaluddin K, Amiruddin Kadir, Syahruddin Kamaluddin Nurdin Marjuni Kamaruddin Arsyad Lince Bulutoding M, Misbahuddin Marilang Maulana Maulana, Maulana Mawaddah Rachman Misbahuddin Misbahuddin Mohammad Subaeh, Syekh Toha Nasir Muammar Bakry Muh Rasul Pradana Muh. Fadly Syam Muh. Ihsan Dahri Muh. Irwan T. Muh. Irwan. T Muh. Irwan.T Muh. Ridwan Markarma Muhamad, Mar’ie Muhammad Afief Mubayyin Muhammad Dahlan Muhammad Fadel Muhammad Ilham Muhammad Ilham Muhammad Nasir Katman Muhammad Nasri Katman Muhammad W, Syafaat Muhammad Zul Ikram Safei Muhsin, Syamsiah Muntu, Andi Tenri Sri Murtiadi Awaluddin Musdalifah musdalifah Muslihati Muslihati Muslihati Muslimah Muslimah Muslimah Muslimah Muslimin Kara Naheri Nahlah, Nahlah Nashrullah Hidir Nasrullah Bin Sapa Nasrullah Bin Sapa Nela Novyanti Ningsih, Fitiriah Nur Alisa Nur Annisa Baharsyam Nur Azizah Nur Hikmah Nurfiah Nurfiah Nurhidayatullah Rahma Nurjannah Nurjannah Nurjannah Nurrahimah, S. Nurul Pratiwi Pipi Arviana Prades Ariato Silondae Pratiwi, Dhita Putri R, Rahmatullah R, Randy Rabiatul Adawiyah Rafifah Abu, Rahmah Rafika Nur Isna Rahayu Japar Rahayu Japar Rahim, Adhira Imawardhani Rahmaniar Rahmat Rafli Rahmawati Muin rati tiar Ratnasari Ratnasari Reniar Reo Zaputra Rhayu Japar Ridwan Rika Dwi Ayu Parmitasari Rizal Ancu Rizki, Atika Rukiah Rukman Aditama Sahrani, Sahrani Sakti, Salwa Nurfauziyah Samsidar Sandi, Ahmad Sapinah Sappeami, Sappeami Sirajuddin Sirajuddin Sirajuddin Sirajuddin Sofyan, Idha Fadhilah Sri Nurul Nabila Sry Muliyani Sudarmi Sudarmi Sudirman Sudirman Sumarlin Sumarlin Sumar’in Sunuwati, Sunuwati Syahdan Hidayat Syamsurianto Taqwim, Andi Ahsan Trisno Wardy Putra Usnul Fadilah Aras Wahyuddin WAHYUNI Wardatul Wahidah Wardatul Wahidah. R Wardatul Wahidah. R Wawan M. Wiwik Permatasari Wulan Purnamasari WULAN PURNAMASARI, WULAN Yuli Irawan Rasit Yuli Irawan Rasit Yuliansyah Yuniar Yusri Karmila Zainuddin, Elza