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MULTI LEVEL MARKETING DALAM ISLAM (ANTARA KEHALALAN DAN ETIKA BERTRANSAKSI BERDASARKAN FATWA MUI No. 75/DSN-MUI/VII/2009) Rahman, Abd.; Sukandi, Sukandi; Nahei, Nahei
Al-Hukmi : Jurnal Hukum Ekonomi Syariah dan Keluarga Islam Vol. 5 No. 1 (2024): Al-Hukmi : Jurnal Hukum Ekonomi Syari’ah dan Keluarga Islam
Publisher : Fakultas Syariah dan Ekonomi Islam, Universitas Ibrahimy

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35316/alhukmi.v5i1.5421

Abstract

Multi Level Marketing (MLM) is a marketing innovation that often generates controversy. Some scholars declare that this system is permissible according to Sharia, while others highlight financial risks and ethical concerns in transactions, such as honesty, justice, and prudence. This study aims to analyze MLM practices in the context of Islamic economic law and transaction ethics, intending to provide a balanced perspective on the permissibility and ethical implications of MLM in Islam. The research employs a descriptive qualitative approach with a literature study. Data are collected from scholarly literature such as books, journals, articles, and fatwas from Islamic scholars related to MLM. Data analysis is conducted using content analysis methods, examining relevant texts about MLM. Source triangulation is used to ensure consistency and validity of the findings. MLM involves selling products through a network of distributors who earn commissions from direct sales and sales made by recruited members. Fatwa DSN MUI No. 75/DSN-MUI/VII/2009 states that MLM is permissible if the products sold are beneficial, transactions are conducted transparently without deception, commissions are based on product sales, and the recruitment system does not harm new members
PRINSIP-PRINSIP KEADILAN DALAM PENETAPAN HARGA PERSPEKTIF ISLAM Rahman, Abd.; nahei, Nahei
Al-Hukmi : Jurnal Hukum Ekonomi Syariah dan Keluarga Islam Vol. 5 No. 2 (2024): Al-Hukmi : Jurnal Hukum Ekonomi Syari’ah dan Keluarga Islam
Publisher : Fakultas Syariah dan Ekonomi Islam, Universitas Ibrahimy

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35316/alhukmi.v5i2.6776

Abstract

Price determination is a crucial aspect of economic activity that affects the balance between producers and consumers. In Islam, the principle of justice serves as a fundamental foundation that must be applied in every economic transaction to ensure fairness for all parties involved. This study aims to analyze the principles of justice in price determination from an Islamic perspective and its relevance to modern economic challenges. A qualitative approach with a literature review method was employed, analyzing Qur'anic verses, Hadiths, and Islamic economic literature. The findings reveal that Islamic principles of justice emphasize transparency, honesty, and the avoidance of harmful practices such as hoarding and price manipulation. Moreover, the study highlights that applying the principle of justice in price determination not only maintains the balance between producers’ and consumers’ rights but also promotes market stability and social harmony. This research contributes significantly to the understanding of the relevance of Islamic values of justice to contemporary economic practices and provides practical guidance for economic actors and policymakers in creating a more equitable and sustainable market system.