DE'RECHTSSTAAT
2024: SPECIAL ISSUE ON DJUANDA INTERNATIONAL CONFERENCE ON SOCIAL SCIENCES (DICSS) 2024

MONEY, BANKS, AND MONETARY POLICY (A SHARIA ECONOMIC LAW APPROACH)

Rumatiga, Hidayat (Unknown)
Janwari, Yadi (Unknown)
Hasanuddin, Muhammad (Unknown)



Article Info

Publish Date
28 Feb 2025

Abstract

Along with the dynamics of the global and domestic economy, the challenges faced by the monetary system are increasingly complex. The financial crisis, technological changes in payment systems, and developments in the global market have had a significant impact on the way money and banks operate. For example, the emergence of digital currencies and fintech has changed the traditional financial landscape, creating new opportunities and risks. This study aims to understand the relationship between money, banks, and monetary policy in the context of the Indonesian and Islamic economies. The methods used are the approach of revelation, the opinions of scholars, and fatwas as well as the results of other relevant research. The results of the study show that monetary policy is a policy made by Bank Indonesia in order to control the circulation of money so that it remains stable and aims to maintain the stability of the rupiah; maintain the stability of the payment system, and help maintain the stability of the financial system to support sustainable economic growth. The Prophet Muhammad SAW used two currencies, dinar (gold) and dirham (silver). The Prophet Muhammad established the dinar and dirham currencies as the monetary standards at that time. Where both types of currencies were adopted from Rome and Persia.

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Journal Info

Abbrev

LAW

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

JURNAL HUKUM "DE'RECHTSSTAAT" adalah Jurnal Hukum yang diterbitkan oleh Program Studi Ilmu Hukum Fakultas Hukum Universitas Djuanda Bogor. Terbit pertama kali pada bulan Maret tahun 2015, dan terbit secara berkala 2 kali dalam satu tahun yaitu pada bulan Maret dan September, penggunaan nama ...