Jurnal Akuntansi dan Keuangan
Vol 9 No 2 (2024): Oktober

UANG DAN BUNGA DALAM PERSPEKTIF ISLAM

Baso R (Universitas Wira Bhakti)
Irwan Misbah (Universitas Islam Negeri Alauddin Makassar)
Rahmawati Muin (Universitas Islam Negeri Alauddin Makassar)
Sumarni S (Universitas Wira Bhakti)



Article Info

Publish Date
31 Dec 2024

Abstract

Abstract This article aims to analyze the concept of money from an Islamic perspective, viewing money as a medium of exchange with a social function to support societal welfare rather than as a commodity that generates profit without productive activities. The analytical method examines Islamic principles of justice, honesty, and balance concerning the use of money, as well as the prohibition of interest (riba). The findings reveal that Islam rejects the interest-based system (riba) due to its potential to create social inequality and exploitation. As an alternative, the Islamic financial system emphasizes profit-sharing financing models, such as mudharabah and musharakah, which are fairer and prioritize the welfare of all parties involved. This concept is deemed relevant to achieving economic stability and equitable wealth distribution while fostering an ethical and sustainable economic system in the modern era. Keywords: Money in Islam, Social function of money, Prohibition of riba

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Journal Info

Abbrev

journal

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Accounting and Finance (JAK) is a journal that is interested in all aspects related to accounting and finance, JAK is ready to accept manuscripts on all aspects related to accounting and finance. JAK aims to disseminate research on accounting and finance The journal invites original ...