Jurnal Penegakan Hukum Indonesia (JPHI)
Vol. 3 No. 3 (2022): Edisi Oktober 2022

Analisis Praktik Trading Saham Syariah Dalam Perspektif Hukum Ekonomi Syariah Studi Kasus IDX Kalimantan Selatan

Muhammad Pajrianor (Fakultas Studi Islam, Program Studi Hukum Ekonomi Syariah, Universitas Islam Kalimantan Muhammad Arsyad Al Banjari)
Parman Komarudin (Fakultas Studi Islam, Program Studi Hukum Ekonomi Syariah, Universitas Islam Kalimantan Muhammad Arsyad Al Banjari)
Umi Hani (Fakultas Studi Islam, Program Studi Hukum Ekonomi Syariah, Universitas Islam Kalimantan Muhammad Arsyad Al Banjari)



Article Info

Publish Date
19 Dec 2022

Abstract

This study aims to analyze the practice of Islamic stock trading in the perspective of Islamic economic law, the case study of the Indonesia Stock Exchange (IDX) in South Kalimantan. Using a qualitative research method with a field research approach, the author goes directly to the field to conduct observations and interviews related to the Islamic stock trading system at Indonesia Stock Exchange (IDX) South Kalimantan. The object of this research is Sharia Stock Trading Practice. The results of this study are that the mechanism for trading in Indonesian sharia shares uses Sharia Online Trading System (SOTS), namely the omission of the Margin Trading and Short Selling features and the shares traded may only be shares included in the Sharia Securities flat. Even though using the Sharia Online Trading System (SOTS) system, it turns out that several transaction activities that are prohibited by Fatwa of the National Sharia Council of the Indonesian Ulema Council include fake demand/supply, pump and dump, cornering, heading behavior and fear of missing out. In the perspective of sharia economic law, the practice of trading sharia shares in a trading mechanism has been declared to be in accordance with the findings of several prohibited practices, which can make the practice of trading sharia shares inconsistent with the principles of sharia economic law.

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Journal Info

Abbrev

jphi

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Jurnal Penegakan Hukum Indonesia (JPHI) (E-ISSN: 2746-7406) is a Double Blind Review Scientific Journal first launched in 2020 by Scholar Center under the administration of PT. Borneo Development Project in collaboration with Law office of SAP. JPHI publishes three times a year on February, June and ...