Demak Universal Journal of Islam and Sharia
Vol. 1 No. 01 (2023): Main Theme: Sharia Studies (Islamic Law) and Economic Ethics in Contemporary M

Ethics of Buying and Selling Online Sharia Economic Perspective: Study of the Concept of Iqâlah

Hakim, Nurul (Unknown)
Ahmad Muhammad Hamad Al-Nil, Barakat Muhammad (Unknown)
Mubarak Bin Humaid, Mahmoud Saleh (Unknown)



Article Info

Publish Date
09 Feb 2023

Abstract

This study aims to analyze the hadith regarding Iqâlah or cancellation of trading transactions, especially in online platforms. In addition, this theme is also side by side with the discussion of khiyâr, or the right to choose between buying and selling which is part of the ethics of sharia trading. The other goal is to be able to provide a right understanding of the concept and law of Iqâlah to the performers in economic activity by analyzing related hadiths and the concept of khiyâr, thereby minimizing the occurrence of harm and losses due to the cancellation of trading transactions that are not by the rules and norms of Shari'a. The methodology used in this research is qualitative, in the form of literature research by analyzing related data as reading materials. In this study, the authors found that Iqâlah is permissible and even some scholars say that the law is Sunnah. In addition, there must be an understanding between the seller and the buyer regarding the correct concept of Iqâlah and Khiyâr so that benefit is achieved between the two parties. The results of the study show that Iqâlah is permissible as long as it is based on the normative values ​​of the Koran and Sunnah and can be considered an act of breaking a promise if it is done unilaterally and does not comply with the ethics of shariah trading.

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Journal Info

Abbrev

deujis

Publisher

Subject

Religion Humanities

Description

The focus of Deujis is to provide scientific articles on Islamic and Sharia studies which are developed through research reports, book and manuscript reviews, and article publications. Deujis accepts papers from academics and practitioners on theory, concepts, paradigms, thoughts, analysis, ...