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All Journal Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics)
Hamzah Abdul Karim Hamid, Hamzah Abdul Karim
Universiti Sains Islam Malaysia
Religion Economics, Econometrics & Finance Social Sciences

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Paper Money Value Change: Comparative Banking Fiqhiyyah Study Hamid, Hamzah Abdul Karim
Al-Iqtishad: Journal of Islamic Economics Vol 5, No 1: January 2013
Publisher : Faculty of Shariah and Law

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v5i1.2115

Abstract

This article considered one of the significant issues in Islamic financial fiqh because it bears a close relation to financial commitment. Many fiqh treatments from a Sharia perspective were found in Islamic ancient fiqh. This issue was apparent in Islamic banks investment especially in murabahah. The study concludes that it is a must who owes amount of money and its value changes to high or low to pay the value of money then, and not the actual amount. Furthermore, it shows that the treatment of fluctuations in money value comes by linking its value with some indicators, including stable currency and the linkage to gold or silver.DOI: 10.15408/aiq.v5i1.2115
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