Claim Missing Document
Check
Articles

Found 2 Documents
Search

Fenomena Pump and Dump dalam Transaksi Saham: Perspektif Hukum Positif dan Hukum Islam Tri Adilla, Dearty; Zainul Musthofa, Ahmad Misbakh; Irawan, Anggi
Al-Muamalat Jurnal Hukum dan Ekonomi Syariah Vol 10 No 2 (2025): Al-Muamalat: Jurnal Hukum dan Ekonomi Syari'ah
Publisher : IAIN Langsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32505/muamalat.v10i2.11020

Abstract

This study aims to analyze the phenomenon of pump and dump in stock trading from the perspective of positive law in Indonesia as well as Islamic law, in order to determine the extent of legal protection provided to investors who fall victim to market manipulation. The method used is qualitative research with a normative juridical approach, presented comparatively between the provisions of Law Number 8 of 1995 concerning Capital Markets, Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (PPSK), and the principles of Islamic economic law. The findings indicate that pump and dump practices constitute a form of market manipulation that violates the principles of transparency and fairness under positive law and contradicts the Islamic values of honesty (shidq), justice (‘adl), and the prohibition of deception (gharar and tadlis). Law enforcement against perpetrators still faces technical challenges and issues related to digital evidence, thus strengthening regulation and market education based on Islamic ethics is deemed necessary.
Praktik Penambahan Biaya Transaksi QRIS: Tinjauan Hukum Ekonomi Syariah Auranti, Sagita; Irawan, Anggi; Zainul Musthofa, Ahmad Misbakh
Al-Muamalat Jurnal Hukum dan Ekonomi Syariah Vol 10 No 2 (2025): Al-Muamalat: Jurnal Hukum dan Ekonomi Syari'ah
Publisher : IAIN Langsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32505/muamalat.v10i2.11024

Abstract

This study aims to analyze the practice of adding QRIS transaction fees from the perspective of Islamic economic law. The research employs a field study with a qualitative normative-empirical approach. Data were collected through interviews and direct observations at Aini Cake Shop, supported by a literature review on fiqh muamalah and relevant QRIS regulations. The findings reveal that imposing additional QRIS transaction fees without prior agreement potentially violates the principles of justice, transparency, and mutual consent (an-taradin) in Islamic economics. While the use of QRIS is fundamentally permissible, unclear fee practices require restructuring to ensure compliance with Islamic business ethics and the values of justice and fairness.