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All Journal Al-Iktisab: Journal of Islamic Economic Law
Mohammad Ghazali
Lecturer in Post Graduate Program of Islamic Economic Law, University of Darussalam (UNIDA) Gontor
Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

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The Application of Murābaha Contract in Islamic Banking from Muslim Jurists’ Perspective Mohammad Ghazali
AL- IKTISAB Journal of Islamic Economic Law Vol 2, No 1 (2018)
Publisher : Universitas Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (475.968 KB) | DOI: 10.21111/al-iktisab.v2i1.2395

Abstract

High needs of the society needs on Islamic banking services tends to be viewed by bankersto produce more products that can be used to answer the need of financing and easy transactionacted by people. Hence, one of the Islamic banking transaction that attracts the society enthusiastic to be used is murābaha. In theory, the murābaha is allowed in Islam, therefore thesociety want to use it, but it may be in practice of murābaha can be found the prohibitedtransaction such as riba, gharar, and gambling. By then, this paper attempts to analyse thepractice of murābaha in Islaminc banking from the thought of Muslim jurists either classicalor contemporary time. The method used for the study is comparative analysis on law producedby the Muslim jurists such as al-Mãlikiyah, al-Shafi‘iyah, al-hanafiyyah, and al-Hanãbilah.
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