Article Per Year (5 Year)
p-Index From 2021 - 2026
5.301
P-Index
This Author published in this journals
All Journal Et-Tijarie: Jurnal Hukum dan Bisnis Syariah Agrokreatif Jurnal Ilmiah Pengabdian kepada Masyarakat Walisongo: Jurnal Penelitian Sosial Keagamaan Al Ishlah Jurnal Pendidikan JPM (Jurnal Pemberdayaan Masyarakat) Al-Dzikra: Jurnal Studi Ilmu al-Quran dan al-Hadits Jurnal SOLMA Jurdimas (Jurnal Pengabdian Kepada Masyarakat) Royal Pena Justisia: Media Komunikasi dan Kajian Hukum LISAN AL-HAL: Jurnal Pengembangan Pemikiran dan Kebudayaan International Journal of Economics, Business and Accounting Research (IJEBAR) Jurnal Ilmiah Edunomika (JIE) Asy-Syariah Bulletin of Community Engagement Indonesian Collaboration Journal of Community Services (ICJCS) Al-Mizan: Jurnal Hukum Islam dan Ekonomi Syariah Al Hikmah : Jurnal Studi Keislaman Millennial: Jurnal Pendidikan dan Studi Islam Jurnal Manajemen USNI Jurnal Ekonomi Islam AL-UMRON: Jurnal Pengabdian kepada Masyarakat At-Tuhfah : Jurnal Studi Keislaman Jurnal Hukum Ekonomi Syariah Al Hakam: The Indonesian Journal of Islamic Family Law and Gender Issues J-EBI Jurnal Ekonomi dan Bisnis Islam
M. Ridlwan Hambali
Universitas Nahdlatul Ulama Sunan Giri
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics Public Health Social Sciences Other

Published : 35 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 35 Documents
Search

 1   2   3   4 
NORMATIVE LEGAL ANALYSIS OF STOCK SPLIT REGULATION AS AN INSTRUMENT TO PREVENT PUMP AND DUMP PRACTICES IN INDONESIAN SHARIA CAPITAL MARKET Nur Faizah; H.M Ridlwan Hambali; Anwar Saleh Hasibuan; Murnee Sueree
Ekonomi Islam Vol. 17 No. 1 (2026): Jurnal Ekonomi Islam Fakultas Agama Islam UHAMKA
Publisher : Universitas Muhammadiyah Prof DR HAMKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22236/jei.v17i1.22407

Abstract

Research aims: This study aims to analyze the effectiveness of stock split regulation based on POJK Number 15 of 2022 and to assess market manipulation practices from the perspective of maqāṣid al-sharīʿah, especially ḥifẓ al-māl. Design/Methodology/Approach: This study employs a normative juridical method with an analytical approach, examining the stock split regulatory framework and evaluating its conformity with the principles of sharia economic law as stipulated in DSN-MUI Fatwa No. 40/2003 and No. 80/2011. Research findings: POJK No. 15/2022 is procedurally sufficient in establishing disclosure obligations, but it has not adequately addressed the speculative post-announcement market dynamics that leave retail investors vulnerable to manipulation driven by sentiment rather than fundamental analysis. From a sharia perspective, the exploitation of stock split momentum potentially contains elements of gharar and is contrary to the principle of justice (ʿadl). Theoretical Contribution/Originality: This study contributes an integrated analytical framework that combines capital market regulation with a maqāṣid-based Islamic legal approach to evaluate modern financial instruments. Practitioners/Policy Implications: The findings highlight the need for concrete coordination between the OJK, DSN-MUI, and the Indonesia Stock Exchange so that sharia principles can be effectively enforced rather than serving merely as ethical guidelines. Research Limitations/Implications: This study is limited to doctrinal normative analysis and does not involve empirical market data testing. Future research may validate these findings through quantitative or qualitative empirical approaches.
Interpretation of Hadith Regarding Ihtikar (Monopoly) In the Perspective of Contemporary Sharia Economic Law Elma Kamala; HM. Ridlwan Hambali; Ayu Nur Chamidah
AL-DZIKRA: JURNAL STUDI ILMU AL-QUR'AN DAN AL-HADITS Vol 20 No 1 (2026)
Publisher : Faculty of Ushuluddin and Religious Study, Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/al-dzikra.v20i1.29772

Abstract

Abstract The current global economy faces serious challenges in market mechanisms, including the dominance of large corporations, supply chain distortions, price manipulation, and distribution control by certain entities. This phenomenon bears substantive similarity to the concept of ihtikar in Islam, namely the act of withholding goods to create scarcity and raise prices, thereby causing hardship for the community. Prophetic traditions (ḥadīth) such as "lā yaḥtakiru illā khāṭi'" and "man dakhala fī siʿrinā liyughliyahu 'alaynā fahuwa minnā laysa minnā" affirm a clear prohibition against practices that disrupt market equilibrium. Through a qualitative-descriptive approach and comparative analysis, this study examines the views of classical scholars such as al-Nawawī, Ibn Taymiyyah, and Ibn Ḥajar, and then connects them to contemporary thought on maqāṣid al-sharī'ah, particularly the values of justice ('adl), public interest (al-maṣlaḥah al-'āmmah), and the protection of property (ḥifẓ al-māl). The findings indicate that the essence of the prohibition of ihtikar is highly relevant to the principles of modern price policies such as competition law, anti-trust regulation, and market oversight. Islamic teachings align with the objectives of contemporary regulations to prevent market exploitation, maintain price stability, and protect consumers from economic distortion. Thus, the ḥadīth prohibiting ihtikar possess not only moral and spiritual dimensions but also provide a normative framework for formulating just, inclusive, and public welfare-oriented modern economic policies. Keywords: Ihtikar; Maqashid Syariah; Contemporary Sharia economic Law.   Abstrak Ekonomi global saat ini menghadapi tantangan serius pada mekanisme pasar, berupa dominasi korporasi besar, distorsi rantai pasok, manipulasi harga, dan penguasaan distribusi oleh entitas tertentu. Fenomena ini memiliki kemiripan substantif dengan konsep ihtikar dalam Islam, yaitu tindakan menahan barang untuk menciptakan kelangkaan dan menaikkan harga sehingga menimbulkan kesulitan bagi masyarakat. Hadis-hadis seperti "lā yaḥtakiru illā khāṭi'" dan "man dakhala fī siʿrinā liyughliyahu 'alaynā fahuwa minnā laysa minnā" menegaskan larangan tegas terhadap praktik yang merusak keseimbangan pasar. Melalui pendekatan kualitatif-deskriptif dan analisis komparatif, penelitian ini menelaah pandangan ulama klasik seperti al-Nawawi, Ibn Taymiyyah, dan Ibn Hajar, kemudian menghubungkannya dengan pemikiran kontemporer mengenai maqāṣid al-syarī'ah, terutama nilai keadilan ('adl), kemaslahatan umum (al-maslahah al-'āmmah), dan perlindungan harta (ḥifẓ al-māl). Temuan penelitian menunjukkan bahwa substansi larangan ihtikar sangat relevan dengan prinsip-prinsip kebijakan harga modern seperti competition law, anti-trust regulation, dan pengawasan pasar. Ajaran Islam sejalan dengan tujuan regulasi kontemporer untuk mencegah eksploitasi pasar, menjaga stabilitas harga, serta melindungi konsumen dari distorsi ekonomi. Dengan demikian, hadis-hadis tentang larangan ihtikar tidak hanya memiliki dimensi moral dan spiritual, tetapi juga menyediakan kerangka normatif bagi perumusan kebijakan ekonomi modern yang adil, inklusif, dan berorientasi pada kesejahteraan publik. Kata Kunci: Ihtikar; Maqashid Syariah; Hukum ekonomi Syariah Kontemporer.
Rekonstruksi Tafsir Ayat Larangan Riba: Relevansi Strategis dalam Ketahanan Ekonomi KSPPS BMT NU Ngasem Pasca Pandemi Suhartono Suhartono; Ridlwan Hambali
Jurnal Hukum Ekonomi Syariah Vol 5 No 1 (2026): Jurnal Hukum Ekonomi Syariah
Publisher : STAI Al Musaddadiyah Garut

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37968/jhesy.v5i1.2136

Abstract

Studi ini bertujuan untuk menganalisis secara mendalam penafsiran ayat-ayat larangan riba dalam Al-Qur'an dan mengontekstualisasikannya dengan kebijakan operasional KSPPS BMT NU Ngasem dalam menghadapi tantangan ekonomi makro pasca pandemi COVID-19. Pandemi telah menyisakan kerentanan finansial yang masif bagi pelaku UMKM di tingkat akar rumput. Metode penelitian yang digunakan adalah kualitatif dengan pendekatan deskriptif-analitis dan yuridis-empiris. Data primer diperoleh melalui dokumentasi kebijakan internal lembaga dan wawancara mendalam dengan manajemen KSPPS BMT NU Ngasem. Sementara itu, data sekunder mencakup studi pustaka terhadap teks tafsir klasik dan jurnal-jurnal ilmiah bereputasi. Hasil penelitian menunjukkan bahwa internalisasi nilai pelarangan riba bukan sekadar pemenuhan aspek hukum formal (legal-formalistic), melainkan instrumen esensial dalam menjaga resiliensi ekonomi anggota melalui skema bagi hasil yang adil. Implementasi kebijakan "Relaksasi Produktif" di BMT NU Ngasem terbukti mampu memitigasi risiko gagal bayar dengan mengedepankan prinsip ukhuwah (persaudaraan) dan 'adalah (keadilan). Studi ini menyimpulkan bahwa rekonstruksi tafsir riba yang adaptif dan membumi menjadi kunci keberlangsungan institusi keuangan mikro syariah dalam menjaga ekosistem ekonomi sektor riil pasca krisis.Kata Kunci: Tafsir Riba, BMT NU Ngasem, Ketahanan Ekonomi, Ekonomi Syariah, Pasca Pandemi
Legal Arrangements on Waqf Money in the Context of Sharia Economics in Indonesia H.M. Ridlwan Hambali; Anwar Saleh Hasibuan; Fathonah K. Daud; Farida Isroani; Muh. Abdulloh Hafith
Pena Justisia: Media Komunikasi dan Kajian Hukum Vol. 23 No. 2 (2024): Pena Justisia
Publisher : Faculty of Law, Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/pj.v23i2.5800

Abstract

Money waqf, a form of charitable giving in cash, is an emerging financial instrument in Indonesia's Islamic economy, complementing traditional in-kind wakaf such as land and buildings. While legal frameworks for its implementation exist through Law No. 41/2004 on Wakaf and Government Regulation No. 25/2018, challenges in its realization persist. These include limited public understanding of wakaf uang, influenced by the dominance of the Syafi'i school of thought, which traditionally focuses on immovable assets. Furthermore, insufficient socialization, institutional capacity, and government support hinder the effective mobilization of wakaf funds. Despite these challenges, the potential for wakaf uang to contribute to economic empowerment remains significant, especially with the rise of digital platforms facilitating easier participation. However, obstacles like low technological literacy and inadequate human resources within managing institutions need addressing. This research aims to evaluate the regulatory framework, challenges in implementation, and the role of wakaf uang in promoting socio-economic development in Indonesia. Findings emphasize the need for enhanced public education, stronger institutional management, and collaborative efforts between government, institutions, and the community to optimize the utilization of wakaf uang for greater economic impact.
GOOD GOVERNANCE DAN PENILAIAN KINERJA DALAM PERSPEKTIF ISLAM: ANALISIS KONSEPTUAL ATAS PRAKTIK DI BOJONEGORO Muhammad Rozi; Ifa Khoiria Ningrum; HM Ridlwan Hambali; Lina Amiliya
J-EBI Jurnal Ekonomi dan Bisnis Islam Vol 5 No 02 (2026): Jurnal Ekonomi dan Bisnis Islam
Publisher : Institut Agama Islam K.H. Sufyan Tsauri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57210/j-ebi.v5.i02.336

Abstract

This study aims to examine the relationship between the principles of good governance and the government apparatus performance appraisal system and integrate them with Islamic values. The background of this research is based on the persistent gap between the ideal concept of good governance and performance appraisal practices, which tend to be administrative and oriented solely towards quantitative indicators. This condition causes performance appraisals to be unable to fully reflect the quality of work, integrity, and social impact generated by government apparatus. Furthermore, the overly technical orientation of the assessment often ignores moral aspects and spiritual responsibility. This study uses a qualitative approach with library research, utilizing various sources such as books, scientific journals, policy documents, and Islamic sources such as the Qur'an and hadith. Data collection techniques were carried out through documentation studies, while data analysis used content analysis with a descriptive-analytical approach. The results of the study indicate that performance appraisals play a crucial role in supporting the implementation of good governance, but the existing system still has limitations. The integration of Islamic values ​​such as amanah (trust), justice, ihsan (goodness), and maslahah (benefit) provides ethical and spiritual dimensions, thereby expanding the assessment indicators to include aspects of results, processes, and intentions in a more balanced and comprehensive manner.
Co-Authors Abdullah Sani Ahmad Shofiyuddin Al-Hakim, Achmad Fatichul Anam, Khurul Anwar Saleh Hasibuan Anwar Saleh Hasibuan Arfandy Dinsar Asif, Muhammad Asri Ady Bakri Ayu Nur Chamidah Bambang Sucipto Burhanatut Dyana Dadan Rusmana Denny Nurdiansyah Dery Ariswanto Dinsar, Arfandy Djibran, Moh. Muchlis Eko Cahyo Mayndarto Elma Kamala Fadhilatun Ni’mah Fakhrurrazi Fakhrurrazi Faridlatus Sya’adah Fathonah K. Daud Fathonah K. Daud Fathonah K. Daud Fathonah K. Daud, Fathonah K. Fathonah Kasuwi Hamam Burhanuddin Hendriyanto Hendriyanto Ifa Khoiria Ningrum Ifnu Wisma Dwi Prastya Judijanto, Loso Khermarinah Khermarinah Khoirul Umam Koniva, Deskia Dwi Nur Kurniawan, Ananda Romy Lina Amiliya Lina Amiliya Amiliya Lisa Aminatul Mukaromah Mamlu’ah, Aya Mayndarto, Eko Cahyo Moh. Muchlis Djibran Moh. Yusuf Efendi Muh. Abdulloh Hafith Muhammad Afthon Ulin Nuha Muhammad Jauharul Fawaiq Muhammad Rozi Mula Agung Barata Mundzar Fahman Mundzar Fahman Murnee Sueree Musyafa’ah, Nurul Najib, Abdul Nendissa, Sandriana J Nur Faizah Nurma, Nur Mahmudah Oktavio Bima Saputra Rahman, Rifqi Maulana Ririn Fauziyah Riyan Erwin Hidayat Roihatur Rohmah Ruhliandini, Putri Zafira Sandriana J Nendissa Santi, Nirma Ceisa Shofa Robbani Shofiatuz Zulfia Siti Khoiriyah Siti Saodah Susanti Suhartono Suhartono Sunday Ade Sitorus Sunu Wahyudhi suudin aziz Teguh Pribadi Teguh Setiawan Wibowo Ulva Badi' Rohmawati Wahyu Hidayat