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Ikhtikar, Islamic Business Ethics, Price floor, Price ceiling, role of government. Maghfuroh, Nuril Laila; Djalaluddin, Ahmad; Asnawi, Nur; Yazid, Azy Athoillah; Muhammad, Zaydan
Dinar : Jurnal Ekonomi dan Keuangan Islam Vol 11, No 2: Agustus 2024
Publisher : Universitas Trunojoyo Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21107/dinar.v11i2.23339

Abstract

Ikhtikar is a very immoral business strategy, because it can result in injustice, trouble and misery for other business people. In Islamic business ethics, ethical behavior is strictly prohibited because it will inevitably result in a party experiencing losses which will result in injustice in business. This research uses a qualitative method with a descriptive approach to opinions from journals, articles and books about ikhtikar.The results of this research are that endeavor in the view of Islamic business ethics does not really reflect a sharia-compliant businessman because of the greed of the perpetrator of the endeavor to gain large and abundant profits even though he has to sacrifice other business partners. This requires a sharia business spirit and government intervention in dealing with ethical problems by implementing monetary policy and fiscal policy, such as setting a price floor (the most expensive retail price) and a price ceiling (the lowest purchasing price). The price floor is used when there is a shortage of goods on the market, while the price ceiling is applied when the harvest or goods on the market are abundant.
Review of the all-you-can-eat restaurant concept based on Islamic business ethics to assist the development of the national halal ecosystem: Kajian konsep restoran all-you-can-eat berdasarkan etika bisnis Islam guna mendukung pembangunan ekosistem halal nasional Muhammad, Zaydan; Maghfuroh, Nuril Laila; Qanita, Ariza
Journal of Halal Product and Research (JHPR) Vol. 7 No. 1 (2024): Driving Global Halal Value Chain, What Should We Do?
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jhpr.vol.7-issue.1.59-66

Abstract

All you can eat is a restaurant or restaurant service that has a menu sales system based on only one payment for all available menus with a buffet or buffet concept with a certain time limit. In Indonesia, many restaurants or places to eat have provided all you can eat because of the pretext of attracting customers and increasing turnover. However, there are still many places to eat that provide non-halal menus that are contrary to Indonesia's vision as a global halal center in 2024. In this study, a qualitative descriptive method was used with literature and Islamic business ethics as a supporting study. The purpose of this study is to conceptually describe all you can it in accordance with Islamic business ethics and support the creation of a halal ecosystem in Indonesia. So that it can produce research output that can be used as a reference later for restaurants or restaurants that provide an all you can it menu that is in accordance with the principles of Islamic business ethics and still maintains halal status.
Integration of HAS with blockchain as halal sustainability in maqashid sharia perspective Qanita, Ariza; Maghfuroh, Nuril Laila; Muhammad, Zaydan
Journal of Halal Product and Research (JHPR) Vol. 7 No. 1 (2024): Driving Global Halal Value Chain, What Should We Do?
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jhpr.vol.7-issue.1.40-51

Abstract

Efforts to develop the halal industry, especially in the food sector, continue to be encouraged by the government. One of that is by issuing a regulation that requires all circulating products to have a halal certificate. But in fact, not a few business actors commit acts of fraud to obtain the halal certificate. Therefore, what must be considered is not just the labeling of the finished product, but the sustainability of production management and the halal supply chain which can be initiated through the implementation of a Halal Assurance System (HAS) with blockchain management. Halal sustainability has an important role based on the maqashid sharia aspect. This study used a qualitative approach with the type of library research. The data analysis technique used is PESTELE analysis. The results of the study showed that halal sustainability through the application of blockchain-based HAS fulfills the five important elements in maqashid dharuriyyah, namely hifdz al-diin, hifdz al-nafs, hifdz al-'aql, hifdz al-nasl and hifdz al-maal through aspects of embodiment of religious value and consumer protection. PESTELE analysis results showed that an important factor that needs to be considered in the development of the Halal Assurance System is the human error or social and ethical aspects of business actors or those involved in halal production management. This can be the basis for suggestion regarding the importance of increasing education and training in halal management.
Implementation of muslim personal financial management in the context of halal financial education Maghfuroh, Nuril Laila; Qanita, Ariza; Muhammad, Zaydan
Journal of Halal Product and Research (JHPR) Vol. 7 No. 1 (2024): Driving Global Halal Value Chain, What Should We Do?
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jhpr.vol.7-issue.1.83-90

Abstract

Islam is a religion that is comprehensive in managing the lives of its people, including in the financial sector. Halal financial principles set out rules and guidelines that govern how Muslim individuals should manage their money in a manner that is in accordance with Islamic teachings which includes income, expenses, investments and financing. This research uses a descriptive qualitative method with a library research approach. The data collection method was carried out by searching for written library data sources and analyzing digital observations. This research aims to provide an overview of halal financial management so that Muslim individuals can gain skills and knowledge in managing finances according to Islamic principles. This is expected to increase halal financial literacy so that Muslims can achieve financial freedom.