Islamijah: Journal of Islamic Social Sciences
Vol 6, No 2 (2025)

A LITERATURE REVIEW ON ISLAMIC CONTRACTS IN SHARIA FINANCING

Mabrur, Imam (Universitas Muhammadiyah Mataram)
Andani, Merry (Universitas Muhammadiyah Mataram)
Jaiti, Nur (Universitas Muhammadiyah Mataram)
Nur'aini, Nur'aini (Universitas Muhammadiyah Mataram)



Article Info

Publish Date
24 Jul 2025

Abstract

This study aims to identify, classify, and analyze various Islamic financing contracts, including traditional types and contemporary multi-contract structures, in response to evolving economic and financial technologies. Employing a Systematic Literature Review (SLR) and qualitative-descriptive method, the study examines literature from 2015 to 2025 sourced from major academic databases. Findings indicate that murabahah, ijarah, musyarakah, and mudharabah remain core instruments, while hybrid models such as IMBT and murabahah-wakalah are increasingly adopted to address complex financing needs. Supporting contracts, such as wakalah, kafalah, rahn, hiwalah, qardh, and wadiah, play a strategic role in ensuring legal compliance, operational efficiency, and financial inclusion. The study highlights the urgency of contract systematization to enhance the effectiveness, Sharia compliance, and innovation of Indonesia’s Islamic finance system.Keywords: Islamic contracts; Islamic financing; contract classification; Shariah-compliant finance; Islamic financial instruments

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Journal Info

Abbrev

islamijah

Publisher

Subject

Religion Humanities Education

Description

Islamijah: Journal of Islamic Social Sciences (IJIS) is an international, scholarly open access, peer-reviewed and fully refereed journal focusing on theories, methods and applications in Islamic social sciences. As an international, online-only journal it is devoted to the publication of original, ...