APPLICATION OF ISLAMIC ECONOMIC PRINCIPLES IN REALIZING MANAGEMENT BANKING WITHOUT INTEREST
DOI:
https://doi.org/10.31933/dijemss.v3i2.1071Keywords:
Islamic economic principles, Islamic banks, InterestAbstract
The emergence of the Islamic Economic System through Islamic Banking is expected to be a solution in the economic world. This paper purpose to review the principles of Islamic banking management without interest. The method used in this paper is a scientific study approach with library research, with data collection through a study of books, literature, notes, and various reports related to the problem to be solved. The results of the study found that the banking sector in the Islamic economy does not recognize interest rate instruments. The Islamic financial system applies profit and loss sharing, not to interest which has determined the profit level in advance. This Islamic economic value is implemented in Islamic banks and is based on three aspectsnamely aspects of faith, aspects of Sharia and aspects of morality. Islamic banking must also always refer to Islamic principles, namely Justice, Partnership, Transparency, and Universal.
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Anshori, AG (2018). Islamic banking in Indonesia. UGM PRESS.
Attamimi, ZF, Disemadi, HS, & Santoso, B. (2019). Sharia principles in the implementation of micro waqf banks as protection of the spiritual rights of customers. Journal of Jurisprudence, 9(2), 117–132.
Badruzaman, D. (2019). Riba in Islamic Finance Perspective. AL AMWAL (SHARIA ECONOMIC LAW), 2(1), 49–69.
Budiantoro, RA, Sasmita, RN, & Widiastuti, T. (2018). Economic System (Islam) and the Prohibition of Riba in Historical Perspective. Scientific Journal of Islamic Economics, 4(01), 1–13.
Bustaman, B. (2016). The Concept of Money and Its Role in the Islamic Economic System (Study of Muhammad Abdul Mannan's Thoughts). Alauddin State Islamic University Makassar.
Desminar, D. (2019). Wadiah Contract in Muamalah Fiqh Perspective. Tower of Science, 13(3).
Destiana, R. (2016). Analysis of Third Party Funds and Risks on Mudharabah and Musyarakah Financing at Islamic Banks in Indonesia. LOGIC Scientific Journal of Lemlit Unswagati Cirebon, 17(2), 42–54.
Efendi, R., & Thamrin, H. (2021). Murabaha Financing at PT. Federal International Finance Sharia Pekanbaru. Tabarru' Journal: Islamic Banking and Finance, 4(1), 26–36.
Hafnizal, VM (2018). Bank Interest (Riba) in the View of Islamic Law. AT-TASYRI': SCIENTIFIC JOURNAL OF MUAMALAH PRODI, 47–60.
Ilyas, R. (2019). Analysis of Islamic Bank Financing Feasibility. ASY SYAR'IYYAH: JOURNAL OF SHARIA AND ISLAMIC BANKING, 4(2), 124–146.
Jamarudin, A. (2017). The principles of the Koran on Economic Norms. 'Anil Islam: Journal of Islamic Culture and Science, 10(1), 142–168.
Jamarudin, A., Anam, MK, & Pudin, OC (2020). THE DANGERS OF RIBA IN ISLAMIC ECONOMY IN THE QUR'AN PERSPECTIVE. Journal of Shidqia Nusantara, 1(1), 94–114.
Karim, AA, & Contemporary, EISK (2001). Echo Insani Press. Jakarta.
Mujib, A. (2017). The Reality of the Islamic Banking System and Islamic Economy. Masharif Al-Syariah Journal: Journal of Islamic Economics and Banking, 4(1).
Muktar, B. (2016). Banks and Other Financial Institutions. Prenada Media.
Naufal, A. (2019). Riba in the Quran and strategies to deal with it. Al Maal: Journal of Islamic Economics and Banking, 1(1), 100–116.
Parmujianto, P. (2020). Maqasid Perspective on Sharia Financial Institutions in the Intermediation Process. Al Qodiri: Journal of Education, Social and Religion, 18(1), 149–166.
Putritama, A. (2018). Application of Islamic Business Ethics in the Islamic Banking Industry. Nominal: Barometer of Accounting and Management Research, 7(1), 1–20.
Rahmawaty, A., & Ag, M. (2013). Riba in Islamic Finance Perspective. Journal of Islamic Law, 14(2).
Sudarto, A. (2021). The Impact of Riba on the Socio-Economic of Market Traders; The Study of Merchants in the Semuli Raya Market, North Lampung. JES (Journal of Islamic Economics), 6(1), 72–83.
Supriadi, S., & Ismawati, I. (2020). Implementation of Sharia Banking Principles to Maintain Customer Loyalty. Journal of Islamic Economic Law, 3(1), 41–50.
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Published
2022-01-18
How to Cite
Suharli, S., Wahab, A. ., & Hamid Habbe, A. . (2022). APPLICATION OF ISLAMIC ECONOMIC PRINCIPLES IN REALIZING MANAGEMENT BANKING WITHOUT INTEREST. Dinasti International Journal of Education Management And Social Science, 3(2), 277–288. https://doi.org/10.31933/dijemss.v3i2.1071
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