Runtuwene, Dwi Windi
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Pasar Uang Berdasarkan Prinsip Syariah (Fatwa Dewan Syariah Nasional No.37/DSN-MUI/IX/2002) Utami, Dian; Apryliani , Apryliani Usman; Wirna; Octavia, Ismi; Nurhaliza; Runtuwene, Dwi Windi
Balanca : Jurnal Ekonomi dan Bisnis Islam Vol 4 No 1 (2022): Balanca: Jurnal Ekonomi dan Bisnis Islam
Publisher : Institut Agama Islam Negeri Parepare

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35905/balanca.v4i1.3081

Abstract

The money market serves as a nexus for financial transactions between two parties: one with surplus funds and the other lacking adequate funds. From an Islamic perspective, the employment of an interest rate system is prohibited. Instead, Islamic finance principles advocate the use of contracts such as Musyarakah, Mudharabah, Al-sharaf, wadiah, Al-qard, gharar, and maysir to replace interest-bearing elements. The Islamic money market is a tangible manifestation of these principles, having garnered approval through the issuance of DSN Fatwa No. 37/DSN-MUI/IX/2002, which endorses the operation of the interbank financial market in accordance with Sharia principles.