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Soleh Hasan Wahid
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Invest Journal of Sharia & Economic Law
Published by Institut Agama Islam Negeri Ponorogo
ISSN : 27764982     EISSN : 27764354     DOI : http://dx.doi.org/10.21154/invest
Core Subject : Religion, Economy, Humanities, Social,
Religion Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences
Invest Journal of Sharia & Economic Law, E-ISSN: published by the Sharia Faculty, IAIN Ponorogo, Indonesia. This journal is published every July and December. The Invest Journal focuses on the results of field studies and literature studies in Islamic economic law, especially the integrative study of Islamic economic law in Southeast Asia. This journal publishes original articles on current international issues and trends regarding Sharia economic law, policy, law, social issues to advance knowledge of the theory and practice of Sharia economic law. The Invest Journal of Sharia & Economic Law specializes in research results either theoretically, a particular approach, or geographically in the fields of: Sharia economic law Sharia business law Sharia banking law Sharia financial institution law Non-bank financial industry Fatwa Islamic economics Islamic law Economic Law Business Law Financial Law
Arjuna Subject : Ilmu Sosial - Hukum
Articles 125 Documents
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Developing Halal Tourism in Ngebel Lake Ponorogo: An Analysis of DSN MUI Fatwa Number 108/DSN-MUI/X/2016 Sodiq, Auliya Ja'far; Anggraini, Rooza Meilia
Invest Journal of Sharia & Economic Law Vol. 4 No. 1 (2024)
Publisher : Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/invest.v4i1.8977

Abstract

This research aims to determine how to develop a Halal Tourism Area in Ngebel Lake Ponorogo in terms of DSN MUI Fatwa Number 108/DSN-MUI/X/2016. There are two discussions, namely: 1) How to implement halal tourism development in Ngebel Lake Ponorogo based on DSN-MUI Fatwa Number 108/DSN-MUI/X/2016 Guidelines for Organizing Tourism Based on Sharia Principles. 2) What is the inhibiting and supporting factors in the development of the Ngebel Lake Ponorogo tourism area based on the DSN-MUI Fatwa Number 108/DSN-MUI/X/2016 Guidelines for Organizing Tourism Based on Sharia Principles? The type of research carried out by the researchers is field research using qualitative methods. Data collection techniques included observation, interviews, and documentation. The data analysis method used by researchers is inductive. The research results show that, first, the implementation of development based on DSN-MUI Fatwa Number 108/DSN-MUI/X/2016 has not been fully carried out in accordance with the guidelines for implementing halal tourism, even though it has fulfilled several development aspects as stated in the fatwa, namely, related to the provision of tourist-friendly Muslim facilities and services. Second, the fulfillment of implementation factors in accordance with DSN-MUI Fatwa Number 108/DSN-MUI/X/2016 influenced the success factors in supporting halal tourism activities at Ngebel Lake Ponorogo. However, the non-implementation of some of the supporting factors has created an obstacle in developing halal tourism in the Ngebel Lake Ponorogo area because it has not been implemented, as stated in the implementation guidelines according to Fatwa.
A Jurisprudential Review of Business Competition Practices on the Shopee Platform: Unfair Practices and Their Impact on Small Businesses Munawaroh, Diyan
Invest Journal of Sharia & Economic Law Vol. 4 No. 1 (2024)
Publisher : Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/invest.v4i1.9005

Abstract

The rapid development of technology has transformed conventional business practices, with digital platforms such as Shopee providing innovative features, such as live streaming and flash sales. However, these features have the potential to enable unfair business competition. This study examines the impact of live streaming on Shopee Live and Toko Saya flash sales on a Shopee platform from the perspective of business competition. Using a qualitative approach, this study focuses on the policies and practices surrounding these features. The findings reveal that while certain promotional practices are legitimate, the ongoing practice of providing conditional discounts and low prices may violate business competition laws and principles of business competition jurisprudence in Islam. Sellers and buyers have indicated that these practices are not based on the principles of honesty and balance and can be detrimental to smaller businesses with limited capital. This study highlights the need for businesses to prioritize moral ethics and adhere to religious and state rules to create a fair and competitive market that protects consumer rights. As digital platforms continue to grow, it is crucial to address the potential for unhealthy business competition and to ensure that all parties, including conventional business actors, can participate fairly in the market.
The Conceptualization of Religious Moderation in Islamic Economic Jurisprudence: A Study of Al-Risalah by Imam Al-Shafi’i Tanzilulloh, M Ilham; Saleh, Abdul Mun'im
Invest Journal of Sharia & Economic Law Vol. 2 No. 2 (2022)
Publisher : Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/invest.v2i2.10379

Abstract

The concept of religious moderation has gained significant relevance in Islamic legal thought, particularly in addressing the contemporary challenges in Islamic economic law and governance. The rapid expansion of Islam to diverse regions and interactions with various cultural influences have shaped the evolving interpretations of revelation texts, including their application to economic activities. Imam al-Shafi'i, through Al-Risalah, developed foundational theories of fiqh (Islamic jurisprudence) that emphasized balancing adherence to sacred texts with rational flexibility to address new and complex cases, particularly in areas such as contracts, trade, and financial ethics. His methodology sought to reconcile the two intellectual tendencies of his time—ahl al-hadith (textualists) and ahl al-ra'y (rationalists)—by rejecting arbitrary reasoning (istihsan) and promoting analogical reasoning (qiyas) under the framework of divine law. This study explores how religious moderation, as conceptualized by al-Shafi'i, influenced the development of al-qawa'id al-fiqhiyyah (legal maxims), which remains central to resolving contemporary legal-economic issues. Through a philosophical qualitative approach, this research examines how al-Shafi'i’s legal thought provides a sustainable framework for balancing textual authority and adaptability in Islamic economic jurisprudence, ensuring that legal rulings are both divinely grounded and responsive to socioeconomic contexts.
Analysing Crime Waves in Contemporary Nigeria Through the Maqāṣid Al-Sharī‘ah Framework Sanni, Mubarak
Invest Journal of Sharia & Economic Law Vol. 5 No. 2 (2025)
Publisher : Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/invest.v5i2.10970

Abstract

The prevalence of crime is a significant socioeconomic challenge in Nigeria. While various studies have examined this issue, none have explored the economic importance of Maqāṣid al-Sharī‘ah (Objectives of Islamic Law) in addressing crime and promoting economic growth. This qualitative study used content analysis and thematic coding to investigate the economic implications of Maqāṣid al-Sharī‘ah for crime management in Nigeria, drawing on primary and secondary sources. The sources included government institutions’ reports, the Qur’ān, Aḥādīth (sayings of Prophet Muḥammad), semi-structured interviews, non-participatory observation, news reports, crime data, textbooks, and journal articles. Using Maqāṣid al-Sharī‘ah as a theoretical framework, this study evaluated Nigerian crime patterns, laws, and policies from an economic perspective. The study found that Nigeria's current system is ineffective in managing crime, particularly in relation to the protection of faith, life, intellect, lineage, and wealth, both in theory and practice, leading to significant economic losses for the country. However, the study revealed that Maqāṣid principles, such as promoting human well-being, preventing harm, and administering justice, have economic importance and can help solve crime waves, ensure economic security, and foster growth and development. The study concluded that incorporating Maqāṣid principles into Nigeria’s socioeconomic and legal systems could effectively address crime prevalence and associated economic losses. This suggests that a comprehensive understanding and implementation of Maqāṣid principles could serve as a model for tackling Nigeria's crime menace and promoting economic growth and development.
Reconstructing the Concept of Copyright as Al-Ḥuqūq Al-Māliyah in Islamic Law Tarmidzi, Tarmidzi; Inayati, Anindya Aryu; Asro, Muhmmad; Jumailah, Jumailah
Invest Journal of Sharia & Economic Law Vol. 5 No. 2 (2025)
Publisher : Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/invest.v5i2.11552

Abstract

Copyright, as part of intellectual property rights, has become a growing issue in Islamic law, especially regarding its ownership classification. While positive law recognizes copyright as an economic right that can be transferred and inherited, Islamic law presents differing views on whether it falls under huquq al-adabiyah (moral rights) or huquq al-mãliyah (economic rights with material value). This debate arises from the traditional Islamic view of ownership, which emphasizes tangible assets. With the rise of creative industries and technological advancements, there is an urgent need to reconstruct copyright as huquq al-mãliyah to ensure proper legal protection. Within the framework of maqasid al-shariah, acknowledging copyright as an economic right aims to safeguard individual ownership, prevent exploitation, and promote innovation. This study employs a qualitative method with a normative juridical approach, examining classical and contemporary fiqh literature alongside copyright regulations in Muslim-majority countries. The analysis applies inductive-deductive and comparative techniques between Islamic and positive law. Findings show that copyright meets the criteria of huquq al-mãliyah due to its economic value, transferability, and inheritability. Islamic legal sources—including the Qur’an, Hadith, and scholarly interpretations—support its recognition. This reconstruction offers significant implications for strengthening copyright protection within Islamic legal frameworks and developing shariah-compliant regulations suited to modern economic contexts.

Page 13 of 13 | Total Record : 125

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