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All Journal AL-QIBLAH: Jurnal Studi Islam dan Bahasa Arab
Muhammad Shiddiq Abdillah
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Religion

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Hukum Investasi Saham Menurut DSN-MUI dan AAOIFI: Tinjauan Fikih Muamalah: Stock Investment Law According to DSN-MUI and AAOIFI: Review of Muamalah Fiqh Muhammad Shiddiq Abdillah; Islahuddin Ramadhan Mubarak; Andi Khaula Al Hannan
AL-QIBLAH: Jurnal Studi Islam dan Bahasa Arab Vol. 2 No. 6 (2023): AL-QIBLAH: Jurnal Studi Islam dan Bahasa Arab
Publisher : Pusat Penelitian dan Pengabdian Masyarakat (P3M) Sekolah Tinggi Ilmu Islam dan Bahasa Arab (STIBA) Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36701/qiblah.v2i6.1574

Abstract

This research aims to determine the legal status of stock investment according to DSN-MUI and AAOIFI and to analyze their opinions from the perspective of Islamic jurisprudence (fiqh muamalah). This study employs a descriptive qualitative method through library research. The findings of the research are as follows. Firstly, DSN-MUI holds that investment in joint-stock companies with elements of usurious transactions is permissible under certain conditions and requirements. Secondly, AAOIFI also considers it permissible under specific conditions and requirements. Thirdly, based on the analysis of fiqh muamalah, the correct opinion is that trading in stocks is entirely prohibited if there are elements of usury or impermissibility within a company. Despite various considerations of fiqh principles, maslahat istishlahiy, and other rules, it remains prohibited because the prohibition of usury is clear in the Quran, which states that Allah permits trade and forbids usury. Based on the results of this research, it is advised for those who wish to invest in joint-stock companies to first investigate the company they are interested in. If there are usurious transactions within it, participation in the company is prohibited. However, if there are no usurious transactions, then participation in the company is allowed.
Adat Pembagian Hewan Kurban dalam Tradisi Islam (Studi Kasus di Kecamatan Siompu Kabupaten Buton Selatan): Tradition of Distribution of Sacrificial Animals in Islamic Tradition (Case Study in Siompu District, South Buton Regency) Muhammad Shiddiq Abdillah; Iskandar, Iskandar; Azman, Azman
AL-QIBLAH: Jurnal Studi Islam dan Bahasa Arab Vol. 1 No. 2 (2022): AL-QIBLAH: Jurnal Studi Islam dan Bahasa Arab
Publisher : Pusat Penelitian dan Pengabdian Masyarakat (P3M) Sekolah Tinggi Ilmu Islam dan Bahasa Arab (STIBA) Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36701/qiblah.v1i2.1575

Abstract

This study aims to explore the Islamic legal perspective on the tradition of distributing sacrificial meat within Islamic traditions (Case Study in Siompu District, South Buton Regency). This research employs a qualitative approach in the form of field research. The findings of this study reveal several points. First, the custom of distributing sacrificial meat in the Siompu District varies by village. Some villages in Siompu District distribute ready-to-eat meat, while others distribute raw meat to the poor. However, many of the poor are unable to process the raw meat, resulting in them selling it at the market price. Second, the study found that some villages set aside a portion of the sacrificial meat to be cooked first and then shared in a communal meal. Second, from an Islamic legal perspective, the practices of distributing sacrificial meat in Siompu District align with the views of Islamic scholars.
Aktualisasi Kaidah al-Ḥājah Tunazzalu Manzilah al-Ḍarūrah pada Akad Istiṣnā’ Paralel : Actualization of al-Ḥājah Tunazzalu Manzilah al-Ḍarūrah’s Rules in Parallel Istiṣnā’ Contract Huswat, Nurhikmah; Muhammad Shiddiq Abdillah; Riska, Riska
AL-QIBLAH: Jurnal Studi Islam dan Bahasa Arab Vol. 3 No. 4 (2024): AL-QIBLAH: Jurnal Studi Islam dan Bahasa Arab
Publisher : Pusat Penelitian dan Pengabdian Masyarakat (P3M) Sekolah Tinggi Ilmu Islam dan Bahasa Arab (STIBA) Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36701/qiblah.v3i4.1651

Abstract

The study aims to determine the Actualization of al-Ḥājah Tunazzalu Manzilah Al-Ḍarūrah’s rules (Necessity is treated as emergency) in parallel istishna’sale and purchase. This research is employs a qualitative descriptive research approach focused on the analysis of manuscripts and texts,utilizing normative and analytical methods. From the research findings it was discovered that the application of the principle of al-Ḥājah Tunazzalu Manzilah Al-Ḍarūrah in parallel istiṣnā’contracts has been actualized by observing that initially, the legality of parallel istiṣnā’contracts was prohibited due to certain transaction modes not conforming to the provisions of Islamic commercial law. For instance, a party acting as Ṣāni’ to sell goods without prosessing them. Or when acting as the manufacturer, not meeting the criteria as a genuine producer because they require someone else to fulfill the order. The principle in Islamic jurisprudence of al-Ḥājah Tunazzalu Manzilah Al-Ḍarūrah explains that urgent needs criteria can occupy an emergency position, specially primary or fundamental needs. For example, humans require housing to ensure safety and security in their lives but lack funds to purchase a home and have no other means available. In such conditions, parallel istiṣnā’ contracts are permissible. This akigns with the principle of al-Ḥājah Tunazzalu Manzilah Al-Ḍarūrah, which elucidates the position where needs can occupy an emergency situation. The implications of this research are to strengthen Islamic legal theory, provide practical guidance in the Islamic financial sector, address contract limitations, and offer boundaries and understanding of the provisions set by Islamic law.
Co-Authors Andi Khaula Al Hannan Azman, Azman Huswat, Nurhikmah Iskandar Iskandar Islahuddin Ramadhan Mubarak Riska Riska