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Journal : Al-Mudharabah

THE EFFECT OF THE PRICE SETTING OF RICE BY BULOG BANDA ACEH ON THE RICE MARKET MECHANISM IN THE CONCEPT OF TAS'IR AL-JABARI Alif, Muhammad; Iqbal, Muhammad
Al-Mudharabah: Jurnal Ekonomi dan Keuangan Syariah Vol. 5 No. 1 (2024): Al-Mudharabah: Jurnal Ekonomi dan Keuangan Syariah
Publisher : Prodi Hukum Ekonomi Syariah, Fakultas Syariah dan Hukum, UIN Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/al-mudharabah.v5i1.5535

Abstract

Price, as a determinant of the value of a good or service, reflects the interaction between supply and demand. Changes in commodity prices significantly impact business actors, making market equilibrium crucial to maintain. The level of competition in the market also affects market conditions. From a fiqhiyah perspective, the government can restructure the market through tas’ir al-jabari, which involves price setting based on various market studies and evaluations. This study aims to assess the appropriateness of the theory and concept of tas’ir al-jabari in the price setting of rice by Bulog in Banda Aceh. This research employs a juridical-sociological approach with descriptive-analytical research methods to clarify the research object, focusing on the impact of Bulog Banda Aceh's rice price setting on market mechanisms to establish standard prices in the Banda Aceh market. The data used in this study consist of primary and secondary data, collected through observation, interviews, and documentation. The results show that price setting (tas’ir) in trade and business is permissible if there is a possibility of manipulation leading to price increases. Price setting methods are not prohibited in Islam under the following conditions: the prices set by entrepreneurs or traders should not exploit buyers, meaning they should not take profits above reasonable levels. Price setting should not be coercive towards entrepreneurs or traders as long as they set fair prices and take reasonable profits (not above normal levels). If market equilibrium is disrupted, the government or relevant authorities must intervene in the market while upholding principles of justice for both traders and consumers.
Co-Authors Adhi Pribadi Afrilia, Dika Agus Ali Dzawafi Aisa, Riska Dewi Akbar, Muhammad Caesar Al-Faqih, Ahmad Hizazih Alhadi, Zikri Andriani, Rifka Anna Fatchiya Anna Gustina Zainal Aprianor, Dendi Arista Cahyani Aroya, Shela Widia Astinana Yuliarti Badrudin Dhiya’ulhaq, Muhammad Faiq Diyanna, Diyanna Fathinah, Salma Fauzan, Muhammad Nur Febrianti, Azizah Widyananda Firdaus, Muhammad Raflyh Firna, Firna Ardiyana Gregorius, Ocratya Guntara, Yudi Hanasia Hanasia, Hanasia Hanif, Muhammad Fadli Hardi Warsono Haryono, Nurul Ilma Herianto, Restu Hukma, Anil Karsella, Niken Komarudin Komarudin Kusuma, Bintang Lalita Hanief, Lalita Majida, Salwa Dwina Marisa, Vania Mashuri Hamdani Lubis, Mhd Masrukhin Muhsin Maulana, Moch. Nizar Mira Yulianti Moch. Nizar Mochammad Imron Awalludin Muhammad Akbar Muhammad Iqbal Muzaki, Mohammad Ali Nahan, Elmo Alfaliano Nasution, Riandi Pathan Nugraha, Yudha Nurmelati Septiana Pathan Nasution, Riandi Pratama, Arel Rizky Purba, Abed Nego Putri, Faizah Maulidia Qurotul Aini, Nadiyya Rahman, Muhammad Ali Ramadani, Masyitah Rasiana, Rara Rio Kurniawan Ripadli, Ripadli Riswandi, Reza Rizaldi, M. Yusuf Rizqy, Muhammad Sulthan Rosalina Kumalawati Rosihah, Nur Ruri Fadhilah Kurniati Ruswana Anwar Sagita, Noor Tasya sakban, sakban Santosa, Damar Ulung Bintara Selly Oktarina Sholikhah, Zakiyatush Siti Fatimah SOLIHIN, OLIH Sri Astuty Sumardjo Thoha, Mochammad Zulfikar Ali Tiana, Devina Ananda Tri Sulistiyono Veronika, Elisabeth Widyananda, Azizah Yakub Amin, Muhammad Yusuf, Raidah Intizar Yuvita, Reni