Islamic Economics Methodology
Vol. 2 No. 2 (2023): Islamic Economics Methodology

Pros and Cons of Riba Interest

Izza, Nadia Nurul (Unknown)
Al-Ayubi, Solahuddin (Unknown)



Article Info

Publish Date
08 Jan 2024

Abstract

This study aims to ascertain attitudes concerning usury interest throughout the previous 29 years, from 1994 to 2022. This study employs a qualitative analysis method on secondary data in the form of metadata from 146 publications indexed by Scopus, which was then processed using SentiStrength and Microsoft Excel 2019. According to the sentiment analysis's findings, there is a significant amount 49,3% of neutral sentiment followed by 32,2% of negative sentiment and 18,5% positive sentiment in expert opinions on usury interest. The study's findings revealed that the tendency of usury interest in Islamic banking is still on the rise. According to the study, many different types of usury practices exist. Thus, practitioners, academia, and the government must continue educating and socializing people about usury-free economic methods that adhere to Islamic principles. These findings can be used as an example to educate the general public and society about usury interest and Islamic finance and economics.

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Journal Info

Abbrev

IEM

Publisher

Subject

Religion Economics, Econometrics & Finance Library & Information Science

Description

Islamic Economics Methodology adalah publikasi ilmiah yang diterbitkan oleh SMART Insight yang berada di bawah lembaga riset SMART Indonesia. Sharia Economic Applied Research and Training (SMART) adalah lembaga penelitian di Indonesia yang fokus pada riset seputar ekonomi dan keuangan Islam. Islamic ...