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All Journal Al-Ihkam: Jurnal Hukum dan Pranata Sosial Global Review of Islamic Economics and Business EMITTER International Journal of Engineering Technology Jurnal Ilmiah Ekonomi Islam JURNAL AKUNTANSI, EKONOMI dan MANAJEMEN BISNIS Syi'ar Iqtishadi JURNAL ILMIAH MAHASISWA AGROINFO GALUH International Journal of Science, Engineering and Information Technology International Conference on Islamic Economic Krigan: Journal of Management and Sharia Business Ta'amul: Journal of Islamic Economics
Umam, Khotibul
Dosen FEBI IAIN Madura
Religion Agriculture, Biological Sciences & Forestry Humanities Civil Engineering, Building, Construction & Architecture Computer Science & IT Economics, Econometrics & Finance Electrical & Electronics Engineering Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Mechanical Engineering Social Sciences Other

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Journal : Syi'ar Iqtishadi

 1 
Jual Beli Valuta Asing dalam Ekonomi Islam Khotibul Umam
Syi`ar Iqtishadi : Journal of Islamic Economics, Finance and Banking Vol 4, No 2 (2020)
Publisher : FEB Universitas Sultan Ageng Tirtayasa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35448/jiec.v4i2.9842

Abstract

Foreign exchange market (Forex) is a transaction under the scope of Islamic economic studies. It is lawfully allowed as long as not violating shariah principles. This is valid particularly for the spot type because it fulfills the requirement of yadan bi yadin, namely cash transaction with the same value. As for the forward, swap and opsi types are considered unlawful as they contain random speculation (gharar) unsure. However, some Islamic scholars allow the forward when aiming to fulfill the need instead of speculation purpose, such as protecting hedging in anticipating the risk of foreign currency fluctuation used as international payment instrument.
Co-Authors Ach. Sudis Alwi Achmad Basuki Ali Ridho Barakbah Alkauzer Alkauzer Cut Linda Marheni Fahrurrozi Fahrurrozi Farid Firmansyah Istiq Lailiyah Lukmanul Hakim Miftahul Ulum Mohammad Zainuri Sakinah Sakinah Siti Khotijah Try Itsnawati Ulfatul Hasanah Umarul Faruq Yudha Dwi Putra Negara, Yudha Yunadi Yunadi Zainal Abidin