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All Journal Suhuf Suhuf: International Journal of Islamic Studies
Jauhari, Wildan
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Religion Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Social Sciences

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Implementation of The Concept of 'Urf and Maslahah in Buying and Selling Gold With Non-Cash Payment (Comparative Study of Fatwa DSN-MUI and Fatwa Al-Lajnah Ad Dāimah Li Al-Buhūṡ Al-‘Ilmiyyah Wa Al-Iftā’ Saudi Arabia) Jauhari, Wildan; Abd Muhaimin, Abd Wahab; Arif Khan, Muhammad Dawud
SUHUF Vol 35, No 1 (2023): Mei
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/suhuf.v35i1.22638

Abstract

The background of writing this research is to respond to differences in fatwas that occurred in two major fatwa institutions, namely the National Sharia Council of the Indonesian Ulema Council and Al-Lajnah Ad-Dāimah Li Al-Buhūṡ Al-'Ilmiyyah Wa Al-Iftā' State of Saudi Arabia; in the law of buying and selling gold in cash. This difference in fatwas confused the public and required descriptions and explanations regarding the methodology used by the two fatwa institutions. In this study, the authors used a qualitative method as a case study with a normative juridical approach. The results of this study are that the National Sharia Council of the Indonesian Ulema Council allows buying and selling gold in cash, either through ordinary buying and selling or buying and selling murabaha, as long as gold does not become the official medium of exchange (money). As for the fatwa of Al-Lajnah Ad-Dāimah Li Al-Buhūṡ Al-'Ilmiyyah Wa Al-Iftā' number 3211, it states that delaying the payment of gold is not permitted if it is exchanged for gold, silver, or equivalent (money).
Analysis of the Influence of the US-China Trade War on the Indonesian Economy and the Potential of Sharia Investment as a Solution Rosadi , Rizki Dwi Putra; Jauhari , Wildan; Suratno , S
Suhuf: International Journal of Islamic Studies Vol. 37 No. 1 (2025): May
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/suhuf.v37i1.10041

Abstract

The trade war between the United States and China that began in 2018 significantly impacted the global economy, including Indonesia. The tariff policy implemented by the U.S., especially the one that will continue at its peak in 2025, causes global economic uncertainty, disrupts international supply chains, and lowers Indonesia's trade with the two countries. This study aims to analyze the role of sharia investment in reducing the impact of protectionist policies implemented by the U.S. and China on the Indonesian economy. Using a descriptive qualitative approach with thematic analysis methods and a systematic literature review, this study identifies that Sharia investment can strengthen Indonesia's economic resilience, especially by diversifying funding sources to real sectors such as infrastructure and renewable energy. The findings suggest that sharia investment, with the principles of prudence and sustainability, can be an alternative solution that reduces dependence on volatile global markets and enhances Indonesia's economic stability amid global uncertainty.
Implementation of The Concept of 'Urf and Maslahah in Buying and Selling Gold With Non-Cash Payment (Comparative Study of Fatwa DSN-MUI and Fatwa Al-Lajnah Ad Dāimah Li Al-Buhūṡ Al-‘Ilmiyyah Wa Al-Iftā’ Saudi Arabia) Jauhari, Wildan; Abd Muhaimin, Abd Wahab; Arif Khan, Muhammad Dawud
SUHUF Vol 35, No 1 (2023): Mei
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/suhuf.v35i1.22638

Abstract

The background of writing this research is to respond to differences in fatwas that occurred in two major fatwa institutions, namely the National Sharia Council of the Indonesian Ulema Council and Al-Lajnah Ad-Dāimah Li Al-Buhūṡ Al-'Ilmiyyah Wa Al-Iftā' State of Saudi Arabia; in the law of buying and selling gold in cash. This difference in fatwas confused the public and required descriptions and explanations regarding the methodology used by the two fatwa institutions. In this study, the authors used a qualitative method as a case study with a normative juridical approach. The results of this study are that the National Sharia Council of the Indonesian Ulema Council allows buying and selling gold in cash, either through ordinary buying and selling or buying and selling murabaha, as long as gold does not become the official medium of exchange (money). As for the fatwa of Al-Lajnah Ad-Dāimah Li Al-Buhūṡ Al-'Ilmiyyah Wa Al-Iftā' number 3211, it states that delaying the payment of gold is not permitted if it is exchanged for gold, silver, or equivalent (money).
Co-Authors Abd Muhaimin, Abd Wahab Arif Khan, Muhammad Dawud Rosadi , Rizki Dwi Putra Suratno Suratno