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All Journal FITRAH:Jurnal Kajian Ilmu-ilmu Keislaman Jurnal Al-Hakim : Jurnal Ilmiah Mahasiswa Studi Syariah, Hukum dan Filantropi
Adamu Abubakar Muhammad
Federal University of Kashere Gombe State
Religion Education Law, Crime, Criminology & Criminal Justice Social Sciences

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A Literature Review of Salam Contract for Agricultural Development in Gombe State, Nigeria Adamu Abubakar Muhammad; Ibrahim Dahiru Idriss; Ikilima Abubakar Sheriff
FITRAH: Jurnal Kajian Ilmu-ilmu Keislaman Vol 8, No 2 (2022): 11 Articles, Pages 189-376
Publisher : IAIN Padangsidimpuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24952/fitrah.v8i2.5955

Abstract

Agriculture is essential to a country's economic development as seen in many advanced and developed nations who have valued and viewed agriculture as a catalyst for national prosperity and major source of food security. Bay’ Salam can be directly translated to ‘a forward sale or contract whereby a buyer purchases specific commodities that will be delivered by a seller in a future date which is more relevant to agricultural development. Although little has been accomplished in Nigeria, successive governments have placed a strong emphasis on the need to give the agricultural sector top priority to achieve both local and export food sufficiency. It's interesting to note that Gombe is recognized as one of the Nigerian states that have prioritized food and cash crop production as a vital endeavor that can improve both the state's and the nation's fortunes. However, agriculture must be integrated into modern society through Salam contract as suggested by this research to simplify agricultural endeavors, have a positive economic impact on the lives of farmers and rural communities, and to meet its demands and overcome its obstacles in Gombe state, Nigeria. The work used a qualitative research method that includes interview with relevant people on the subject matter and literature review to gather data. The study suggests that, if adopted, managed, and effectively used, the opportunities provided by Salam contract will strengthen the agricultural sector, lessen the frequent conflicts between farmers and herders, and ensure food security in Gombe State, Nigeria
Evaluating the Validity of Gold Futures Trading in Light of DSN-MUI Fatwa No. 77/2010 Sylvia Ayu Amara Putri; Afthon Yazid; Adamu Abubakar Muhammad
Jurnal Al-Hakim: Jurnal Ilmiah Mahasiswa, Studi Syariah, Hukum dan Filantropi Vol. 7 No. 2 November 2025
Publisher : Fakultas Syariah, Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jurnalalhakim.v7i02.11395

Abstract

This study aims to evaluate the practice of gold futures trading at PT. Agung Cindo Berjangka and assess its compliance with the Fatwa of the National Sharia Council of the Indonesian Ulema Council (DSN-MUI) No. 77/DSN-MUI/V/2010 regarding non-cash gold transactions. The problem identified in this research is the misalignment between trading practices and Islamic legal provisions, which raises concerns about the validity of such transactions from a Sharia perspective. Utilizing a qualitative field research method and a case study approach, data were collected through interviews, observations, and documentation. The findings indicate that the trading practices involve contract-based transactions that do not entail physical gold delivery, thereby contradicting several key provisions in the DSN-MUI Fatwa No. 77. Specifically, the study highlights violations of the clause prohibiting price increases during the contract period and the presence of gharar (uncertainty), maysir (speculation), and riba (usury). These elements render the practice non-compliant with Sharia principles and Islamic economic ethics.
Co-Authors Afthon Yazid Ibrahim Dahiru Idriss Ikilima Abubakar Sheriff Sylvia Ayu Amara Putri