International Conference on Social Science
Vol. 1 No. 1 (2022): Proceedings of the 1st International Conference on Social Science (ICSS)

DEVELOPMENT OF THOUGHTS ON FINANCING NORMS AND THEIR REALIZATION IN ISLAMIC FINANCIAL PRODUCTS IN ISLAMIC FINANCIAL INSTITUTIONS

Dedy Setiawan (Postgraduate UIN Sunan Gunung Djati Bandung)



Article Info

Publish Date
17 Jul 2022

Abstract

Financing carried out with contracts that are in accordance with the Shari'ah in modern times has now become part of the tradition of Muslims at the time of the apostle. Since the time of the Prophet Muhammad. Practices such as accepting deposited assets, lending money for consumption and business purposes, as well as making money transfers, have been common since the time of the Prophet Muhammad . This study aims to develop ideas about financing norms and their embodiment in Islamic financial products in Islamic financial institutions. The research method used in this research is normative juridical with a statute approach or a norm/law approach. The technique used to collect the data is through literature/library studies. In this type of research is historical research . The result of the research is that there is a change in thinking about the existing financing in Islamic financial institutions, especially in Indonesia, including financing in the profit sharing principle, financing in the lease principle, financing in the sale and purchase principle, and financing for complementary equipment. These 4 financings are the flagship products of Islamic financial institutions in Indonesia.

Copyrights © 2022






Journal Info

Abbrev

woc

Publisher

Subject

Description

International Conference On Social Science (ICSS) aims to facilitate an open knowledge exchange and interesting discussion on the latest developments in all areas of social science and science. We bring together top members of academia, researchers, non-profit organizations, government, and business ...