Article Per Year (5 Year)
p-Index From 2021 - 2026
0
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi dan Perbankan Syariah
Asgaft Asy-Syad Rasyid
Unknown Affiliation
Economics, Econometrics & Finance Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Fiqh Solutions Against Usury (Riba) Practices In Conventional Banking Asgaft Asy-Syad Rasyid
Jurnal Ekonomi dan Perbankan Syariah Vol 7, No 1 (2019): JURNAL EKONOMI DAN PERBANKAN SYARIAH
Publisher : Sekolah Tinggi Ekonomi Islam (STEI) SEBI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46899/jeps.v7i1.96

Abstract

The discussion of usury as if there had never been an endpoint, from the time of the companions of the prophet to contemporary Islamic scholars. Especially when the practice of usury appears in banking financial institutions. The majority of contemporary Islamic scholars such as Yûsuf Al-Qaradhāwi, view that the operation of conventional banks based on interest is unlawful, because this is the same as usury. In line with the fatwa of the Indonesian Ulema Council (MUI), which states that all forms of money interest practices within financial institutions are illegal. Over time, financial transactions (muamalah) carried out by someone also need instruments of financial institutions. So, a solution is needed for a Muslim to conduct financial transactions with the banking world. The fiqh study provides space for Muslims to conduct financial transactions both with individuals and with an institution while remaining based on applicable Islamic law.
Co-Authors