Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Jurnal Al-Hakim : Jurnal Ilmiah Mahasiswa Studi Syariah, Hukum dan Filantropi
Putri, Sylvia Ayu Amara
Unknown Affiliation
Religion Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Evaluating the Validity of Gold Futures Trading in Light of DSN-MUI Fatwa No. 77/2010 Putri, Sylvia Ayu Amara; Yazid, Afthon; Muhammad, Adamu Abubakar
Jurnal Al-Hakim: Jurnal Ilmiah Mahasiswa, Studi Syariah, Hukum dan Filantropi Vol. 7 No. 2 November 2025
Publisher : Fakultas Syariah, Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jurnalalhakim.v7i02.11395

Abstract

This study aims to evaluate the practice of gold futures trading at PT. Agung Cindo Berjangka and assess its compliance with the Fatwa of the National Sharia Council of the Indonesian Ulema Council (DSN-MUI) No. 77/DSN-MUI/V/2010 regarding non-cash gold transactions. The problem identified in this research is the misalignment between trading practices and Islamic legal provisions, which raises concerns about the validity of such transactions from a Sharia perspective. Utilizing a qualitative field research method and a case study approach, data were collected through interviews, observations, and documentation. The findings indicate that the trading practices involve contract-based transactions that do not entail physical gold delivery, thereby contradicting several key provisions in the DSN-MUI Fatwa No. 77. Specifically, the study highlights violations of the clause prohibiting price increases during the contract period and the presence of gharar (uncertainty), maysir (speculation), and riba (usury). These elements render the practice non-compliant with Sharia principles and Islamic economic ethics.
Co-Authors Afthon Yazid Muhammad, Adamu Abubakar