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Journal : ICO EDUSHA

Basic Concepts of Sharia Money Market Nuryani, Siti
ICO EDUSHA Vol. 5 No. 1 (2024): Innovation and Transformation: The Utilization of Artificial Intelligence (AI)
Publisher : STAI AN-NAJAH INDONESIA MANDIRI

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Abstract

The Islamic money market is an integral part of the Islamic financial system which aims to provide short-term investment instruments with principles in accordance with Islamic law. The basic concept of the Islamic money market focuses on transactions that are free from the elements of riba (interest), gharar (uncertainty), and maysir (gambling), and prioritizes the principles of justice and balance. Instruments used in the Islamic money market include sukuk (sharia bonds), sharia investment certificates (SBSN), and other sharia contracts, such as mudharabah and musyarakah, which provide opportunities for investors to earn profits in a halal manner. The Islamic money market also plays an important role in liquidity management for Islamic financial institutions, as well as providing investment alternatives for people who want to maintain their financial principles in accordance with Islamic teachings. With the rapid development of the Islamic money market, it is hoped that it can encourage inclusive and sustainable economic growth and strengthen the role of Islamic finance in the global economic system. Keywords: Islamic money market, sharia instruments, sukuk, liquidity, Islamic financial system.
Co-Authors Abubakar Betan Adam, Jeanne d'Arc Zafera Ahmad Faisal Ali Akbar Amilin, Kasfillah Khoirul Aminullah, Andi Muhammad Ananda, Zihan Andi Ahmad Chabir Galib Andrias Horhoruw, Andrias Andriyanto, Reina Ayu Cahyani Anggraeni, Rani Anik Nuryati, Anik Arifin, Muhammad Samsul Aulia, Layli Nur Ayatin, Ayatin Ayu, Shinta Arini Azizah, Annisa Nur Badaruddin Badaruddin Bambang Supriyanta, Bambang Bara, Farida Tandi Basir, Anastasia A. Betan, Abu Bakar Budi Setiawan Dewi, Chitra Dhinuk Puspita Kirana, Dhinuk Puspita Dunggio, Abdul Rivai Saleh Dwi Lestari Dwi Sulistyowati Eni Kurniati, Eni Evi Fitriany Fadli, Khalikul Gaffar, Muhammad Andriana Hardisari, R.R Ratih Harmilah, Harmilah Hartono Hartono Hasanah, Subriyatul Henry Januar Saputra, Henry Januar Herlina Herlina Ike Lestari Ilmi, Hapidotul Indri Erwhani Ismaya Ismaya Janah, Rini Nurbaning Jhunnison Jhunnison, Jhunnison Kariyadi, Kariyadi Kasiyati, Menik Khasanah, Aisyah Imroatun Khofsah, Salsabila Arifah Lestari, Destiana Dwi Mahyati, Mahyati Marjuannah, Marjuannah Martsiningsih, Marta Atik Masnur Masnur Masruroh, A'imatul Masrurotullaily, Masrurotullaily Mei Fita Asri Untari Mildaratu, Mildaratu Moh. Harun Al Rosid Muhamad Risal Tawil Muji Rahayu Muji Rahayu Musiana, Musiana Musrifah, Mafasatul Mustamin, Rini Mustari, Sahdan Najah, Safinatun nia kurniasih NINGRUM, UMI RAHMAWATI Nurfadilah, Syfa Dini Nurwijaya, Arif Pannyiwi, Rahmat Pudyastuti, Rita Rena Radiah Ilham Rahmawati, Ully Rahmawati, Uly Ramadhani, Siffa Octavia Rasidah, Kholifatur Ratih Hardisari, Ratih Ratri Risky Utami, Ratri Risky Ridwan, Heri Ridwan, Madinatul Munawwarah Ririh Jatmi Wikandari Rismayanti Rismayanti Rusmawan, Jeany Sardjito Eko Windarso, Sardjito Eko Saripah, Euis Sellan, Rudolof Nino Sistiyono Sistiyono Sistiyono, Sistiyono SRI KURNIA DEWI Subrata Tri Widada, Subrata Tri Sudaryanto, Sigit Suja'i, Ahmad Salman Badruz Zaman As Sujono Sujono, Sujono Supriyadi, Tedi Surasno, Diah Merdekawati Surati Surati Suyana Suyono Suyono Syawal Syawal Tahir G, Muhammad Tomasoa, Johanna Tondok, Santalia Banne Ullya Rahmawati Umam, Hotibul Umar, Risa Bernadip Utami, Nofya Wahyu Widyantoro Widada , Subrata Tri Widayani, Helni Wijayanti, Lumastari Ajeng Yunita Suriani Suardi Zulfikar Husni Faruq