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INDONESIA
Indonesian Comparative Law Review
Published by Universitas Muhammadiyah Yogyakarta
ISSN : 26552353     EISSN : 26556545     DOI : 10.18196/iclr
Core Subject : Social,
Law, Crime, Criminology & Criminal Justice
Indonesian Comparative Law Review (ICLR) (ISSN: 2655-2353, E-ISSN:2655-6545 is a periodical scientific-journal published by the Faculty of Law, Universitas Muhammadiyah Yogyakarta in collaboration with the Indonesian Association of Comparative Laws. The journal will be published twice a year in December and June. ICLR’s vision is to be a leading scientific journal in comparative law. ICLR has a unique approach in creating innovative discourse on harmonization among legal systems. ICLR will receive many articles from legal scholars from reputable universities worldwide.
Arjuna Subject : Umum - Umum
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Search results for , issue "Vol. 7 No. 2 (2025)" : 1 Documents clear
The Legality of Price Rounding in Sale and Purchase Transaction under Indonesian and Islamic Law Arifpadilah, Pajri; Hidayah, Nur Putri
Indonesian Comparative Law Review Vol. 7 No. 2 (2025)
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/iclr.v7i2.24375

Abstract

The need for easiness in making transaction has resulted in a unique method of payment known as price rounding system. This system is frequently applied in the transaction of various goods, including vegetables, foods, and clothing.  In spite of its practical advantage, there is a potential economic loss suffered by the buyers or consumers, especially when the sellers tend to round the price up. Consequently, the question on its legality arises. This study analyzes the legality of transaction applying the price rounding system from the perspective of Indonesian and Islamic law. This normative legal research employs both statutory and conceptual approaches. The result of this study indicates that the price rounding practice is allowed under Indonesian law as far as the buyer agrees to pay the item at the rounded price. On the other side, such a practice is prohibited under Islamic law since it violates the Qur’anic provisions. However, there is an opportunity to continue such a practice in particular places where the local custom (‘Urf) in those places tolerate it. The authors suggest that consumers should pay more attention on such a practice to avoid any manipulation committed by the sellers.

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