Islamic Banking : Jurnal Pemikiran dan Pengembangan Perbankan Syariah
Vol 9 No 2 (2024): Islamic Banking:Jurnal Pemikiran dan Pengembangan Perbankan Syariah - Februari 20

Application of Wakalah in International Trade Transactions

Fitri Raya (FEBI UIN Sultan Maulana Hasanuddin Banten)
Dian Febriyani (Fakultas Syariah UIN Sultan Maulana Hasanuddin Banten)
Elsa Elsa (FEBI UIN Sultan Maulana Hasanuddin Banten)
Rasidah Novita Sari (FEBI UIN Sultan Maulana Hasanuddin Banten)



Article Info

Publish Date
09 Feb 2024

Abstract

This article will discuss the application of wakalah in the context of letters of credit which are a common means of payment in international trade. This research uses library research (library study). The data source used is secondary data. Secondary data was collected through literature studies related to the application of wakalah contracts in international trade transactions, especially payment systems using letters of credit. This analysis provides insight into how wakalah contracts can be effective instruments and in line with international business needs while maintaining the integrity of Islamic financial values. It is hoped that this research can contribute to further understanding the application of wakalah in international trade transactions, especially in the context of letters of credit, as well as encouraging the development of more inclusive and sustainable business practices.

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Journal Info

Abbrev

isbank

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

Description

Islamic Banking : Jurnal Pemikiran dan Pengembangan Perbankan Syariah is an open access peer-reviewed online journal that provides a forum for sharing scientific studies on Islamic economics and banking. Editors welcome articles and research reports that address current issues such as: sharia ...