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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.
POTRET PERTUMBUHAN KUNJUNGAN WISATAWAN DALAM PERSPEKTIF ISLAM DI KABUPATEN BANYUWANGI Jauhariyah, Nur Anim; Habibulloh, Habibulloh; Yazid, Azy Athoillah
Jurnal Ekonomi Syariah Darussalam Vol. 2 No. 1 (2021): Februari 2021
Publisher : Institut Agama Islam Darussalam Blokagung Banyuwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (792.855 KB)

Abstract

Tourism potential is a sector that has an important role in continuing the economic journey in a region. The tourism sector is a promising source of income to be further managed in an effort to increase income. The purpose of this study was to determine the growth of tourist visits in Banyuwangi Regency. The data used are secondary time series data using descriptive statistical analysis to determine the growth of tourist visits in Banyuwangi Regency. The results showed that growth in 2018 the growth in the number of tourist visits experienced a lowest point of 0.080%, while the highest growth was in 2016, which was 1.078%.
Leveraging Digital Cooperatives for Inclusive Finance: The Role of Securities Crowdfunding in Achieving the Sustainable Development Goals (SDGs) Ulum, Kefi Miftachul; Yazid, Azy Athoillah; Ariyanti, Sari; Biantoro, Bagus Rio; Maghfuroh, Nuril Laila; Izzati, Lia Wilda; Ulum, Mohammad Khoirul
Electronic Journal of Education, Social Economics and Technology Vol 5, No 2 (2024)
Publisher : SAINTIS Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33122/ejeset.v5i2.246

Abstract

Digital financial innovation has resulted in many financial service products such as crowdfunding. Indonesia legitimised the commercial crowdfunding system through OJK Regulation Number 37 of 2018 on Equity Crowdfunding. The regulation was replaced through OJK Regulation Number 57 of 2020 concerning securities crowdfunding and added to streamline technical matters through OJK Regulation Number 16 of 2021. At the beginning of the regulation, the securities offered were limited to equity types. The change in regulation developed a variety of sukuk and debt securities. In May 2024, sukuk amounted to 105 securities, with a percentage control of 30% of the total 356 securities, consisting of 231 equity and 20 debt. The capitalisation of sukuk increased from the number of sukuk in August 2023, which amounted to 59, with a percentage control of 22% of the total securities. Growth is an opportunity to transform digital-based cooperatives that organise funding in securities crowdfunding services. This opportunity becomes a legal challenge in the aspect of legality, so it is necessary to examine the digital financial innovation to ensure its implementation. Normative legal research is the research method that will be used, collaborating with the statute approach and the conceptual approach as the research approach. Primary data in the form of Law of the Republic of Indonesia Number 17 of 2012 concerning Cooperatives, Law of the Republic of Indonesia Number 20 of 2008 concerning Micro, Small, and Medium Enterprises, and Financial Services Authority Regulation Number 57 of 2020 concerning Securities Offerings Through Information Technology-Based Crowdfunding Services. Secondary data in the form of securities crowdfunding growth and analysed using integrative legal theory with descriptive analysis and descriptive integrative methods. The research found that there is a potential transition of digital-based cooperatives as providers of securities crowdfunding services that have been legitimised through legal integration analysis.