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Journal : eCo-Buss

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The Indonesian government's political economy in the policy of the highest retail price for cooking oil from a sharia perspective Muhammad Muhsin; Rizka Rizka; Muthoifin Muthoifin
eCo-Buss Vol. 5 No. 3 (2023): eCo-Buss
Publisher : Komunitas Dosen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32877/eb.v5i3.666

Abstract

Purpose: The phenomenon of a scarcity of cooking oil will occur in Indonesia from the end of 2021 to early 2022, this scarcity will cause prices to rise in markets, causing people to find it difficult to get cooking oil. The Indonesian government, in response to this phenomenon, finally made a policy related to the highest retail price of cooking oil so that the price of cooking oil becomes more stable and easy to reach the public. However, this policy was not welcomed by the public. Therefore this study will discuss the political economy of the Indonesian government in addressing the scarcity of cooking oil from an Islamic perspective. Methodology: This research is descriptive qualitative research, using library research methods by collecting data from literature and books related to the Indonesian government's policy in addressing the scarcity of cooking oil. Results: This study concludes that the scarcity of cooking oil is due to hoarding and an agreement between the four large cooking oil companies to increase their selling price. Government policy in responding to this phenomenon is by Islamic provisions which aim to realize a fair market mechanism. However, there are still many people who think that the purpose of the government policy is bad due to the lack of transparency to the public regarding the policies made by the government
Co-Authors Ab.Rahman, Rozanah Abdullah Al Mamun Absori Absori Achmadi Achmadi Ahmad Ghufron Ahmad Imam Hambali Aidul Fitriciada Azhari Almira, Sekar Diah Ayu Alsarandie, Fandi Anindia Fadhilah Anindya Salsabila Anugerah Guswiji Putranto Arbra Zicki Alvandiano Arief Budiono Aries Isnandar Arova Bakhtiar Arova Bakhtiar Asia, Siti Nur Ayesha Hendriana Ngestiningrum Azhar Alam Azhari, Aidul Fitricia Azizah, Isnaini Dina Baehaqi Bahtiar Hakim Bakhtiar, Arova Chatarina Umbul Wahyuni Dewi Iriani Diana Setiawati Diana Setiawati Dimas Aji Pradana Diyah Murti Hastuti Eny Purwandari Esmara Sugeng Etrico Adyatama Galang Liwandika Ganadi, Yusse Putri Ghufron, Ahmad Gunarto Nanang Prabowo Hafidz Nur Firdaus Hakim, Rusydi Hanifah Kusumastuti Harun Harun Heru Santoso Wahito Nugroho Idad Difaul Haq Iksan, Muchammad Ilham Rafii Imron Marsyadi, Muhammad Afi Imron Rosyadi Imron Rosyadi Imron Rosyadi Iqbal Muhammad Ichsan Isman, Isman Istani, Istani Ita Fitriana Izziyana, Wafda Vivid Jan Alizea Sybelle Junaidi Junaidi Kasiman, Kasiman Kelik Wardiono Kiki Samudera Liwandika, Galang Lyandova, Vanka Lyandovy, Vanka M Junaidi M Junaidi, M M Masithoh M. Junaidi M. Junaidi M. Zaki Attirmidzi Marisa Kurnianingsih Marjanah, Iramadya Dyah Masfuroh Masfuroh Masfuroh Misfah Masithoh Masithoh Maulana Adjie Nugroho Mawaddah Nur Amini Michel Lee Tranh Moh. Indra Bangsawan Mohammad, Genta Arya Muchamad Iksan Muchammad Taufiq Affandi Muhamad Taufik Hidayat Muhammad Anas Muhammad Junaidi Muhammad Muhsin Muhammad Sholahuddin Muthoifin Nada Ferika Trihandayani Nanang Prabowo, Gunarto Nanda Kurnia Putra Ngestiningrum, Ayesha Hendriana Noor Rahmad Nur ilmi putri febriyanti Nurhayati , Nunik Nurlina Afifah Litti Oktafiana , Nadita Oktafiana, Nadita Paiza Aprilia Saputri Pamungkas, Yuli Prasetyo Tri Peggy Dian Septi Nur Angraini Prakoso, Bima Yuda Pramesti, Nadila Putri Prasetyo, Achmad Dzaki Raisa Aribatul Hamidah Ridwan, Ridwan Rifai, M. Ikhsan Rikko Aprianto Rusydi Hakim S Sahman Z Sa'diyah, Siti Salmande, Ali Sari, Septiana Novita Satrio Sulastomo Septarina Budiwati Shofiana Eka Aulia Sigit Sapto Nugroho Siska Diana Sari Siti Hasanah Siti Nur Asia Siti Soekiswati Sofyan Wimbo Agung Pradnyawan Sudaryono Sudaryono Suranto Suranto Syaifuddin Zuhdi Taadi Taadi Tama, Onnie Wira Tranh, Michel Lee Trias Hernanda Wardah Yuspin Winarti Winarti WINARTI WINARTI Wirda Rohmah Yogi Prasetyo yusse putri ganadi Zaini Fajar Sidiq