Ihtikar in Islamic capital markets refers to the practice of holding back or controlling the supply of securities to artificially increase prices for personal gain. This practice can cause price distortions, economic injustice, decreased market confidence, and hamper liquidity. This article discusses the meaning of ihtikar, its impact on the sharia capital market, as well as case examples in Indonesia. To overcome this problem, stricter regulations and transparency are needed, as well as policies such as a minimum holding period to prevent market manipulation and the formation of a special body to supervise the Islamic capital market. This effort aims to maintain the integrity of the sharia capital market in accordance with Islamic principles.
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