Milkiyah: Jurnal Hukum Ekonomi Syariah

Penundaan Pembayaran Angsuran Kepemilikan Rumah: Telaah Empiris Sanksi Nasabah BSI Menurut Fatwa DSN-MUI No. 17/DSNMUI/IX/2000

2023-07-09T09:52:29+00:00

If customers make the delay in payment of home ownership financing installment, Bank Syariah Indonesia (BSI) will impose punishments in the form of warning letters for them. This research discusses the application of punishment (ta'zir), the accordance of sanctions (ta'zir) with Fatwa DSN-MUI No.17/IX/2000 concerning capable customers who delay payments, and the purpose of applying sanctions (ta'zir) for customers of BSI. The type of research used is qualitative research, with primary data obtained from interviews. The research object is BSI located in Central Jakarta. The empirical juridical approach is used to elaborate the research data. The results of this study reveal that the punishment (ta'zir) of BSI has been guided by the accordance of “Fatwa DSN-MUI NO:17/DSNMUI/IX/2000 Tentang Sanksi Nasabah Mampu Yang Menunda-nunda Pembayaran Angsuran Pembiayaan Kepemilikan Rumah Menggunakan Akad Murabahah”. In other words, the provisions of Fatwa DSN-MUI No. 17/DSN-MUI/IX/2000 concerning sanctions for capable customers who delay payments are in accordance with the practices applied by BSI as a bank under Islamic principle. in Indonesia. Punishments are imposed on customers who are capable but deliberately delay payments. In contrast, sanctions (ta`zīr) do not apply to customers who do not pay their installments due to force majeure or experience unwanted losses involving human factors.

Pengujian Efek Kurs, Suku Bunga, dan Inflasi terhadap Jakarta Islamic Index

2023-01-18T07:07:39+00:00

The Jakarta Islamic Index (JII) is one of the stock indices in Indonesia that calculates the average share price index for stocks that meet sharia criteria. The three main macro-economic factors that can affect the JII are exchange rate, inflation, and interest rate variables. This study aims to determine the impact of exchange rate, inflation and interest rate variables on the Jakarta Islamic Index (JII). Time-series data for the period 2011-2021 were used in this study. The data analysis techniques used to test the effect of the relationship between variables are Vector Auto Regression (VAR) and Vector Error Correction Model (VECM). The test results found that in the short term, exchange rates, interest rates and inflation have no effect on the Jakarta Islamic Index, while in the long term, inflation has a positive effect, while exchange rates and interest rates have a negative effect on the JII. Furthermore, the Impulse Response Function (IRF) test shows that the JII responds positively to the fluctuation of all positive variables except interest rates which respond negatively.

Bibliometric Analysis of Publication Paper Themes for Hajj Services over the Period of COVID-19 Pandemic

2023-07-09T09:59:56+00:00

The expansion of the literature is necessary. A significance of the framework of the current condition of Hajj service development is required. This study aims to provide an overview of the publication activities and trend of research in relation to Hajj services using bibliometric analysis. The method in this research used descriptive statistical tools with meta-analysis employing bibliometric analysis of secondary data from 142 papers published during the period of the COVID-19 pandemic, from 2019 to 2022. The development trends of hajj service publications were also evaluated using the VOSviewer program. This study found that the number of research publications on the Hajj services has increased in the last four years (2019-2022) indicating that themes regarding Hajj services show uptrend patterns. These seem to lead scholars to provide contributions to the body of knowledge. In addition, the interest of scholars has been shifting toward topics related to digitalization systems.

Upah Jasa Plasma Breading Ikan Cupang Perspektif Hukum Ekonomi Syariah

2023-07-15T01:36:10+00:00

The Cupang fish plasma breading business seems popular in society. The price of Cupang fish plasma breading services is quite profitable because it depends on the success of the pupping process based on the number of puppies and the age of the puppies when taken back by the owner. The purpose of this study is to analyze the transaction system and wages of Cupang fish plasma breading system from the perspective of fiqh muamalah. The type of this research is literature study. The approach used in this study was a normative juridical. Data analysis in this research was carried out in three stages, namely data reduction, data presentation, and data verification. The results of this study reveal that the terms used in the transaction are not a reference to legalize or prohibit plasma breading transactions. The transaction system carried out by Cupang fish plasma breading service providers is permissible in the perspective of fiqh muamalah because there are no elements of gambling, riba, fraud and not najis goods. The results of this study also found that the transaction pattern of Cupang fish plasma breading services uses ju'alah contract.

Waqf Funds for Higher Education in Malaysia and Bahrain: Drawing Lessons from the Experience

2023-08-14T01:57:26+00:00

Changes have been made to the concept of state-funded education that has been prevalent worldwide for millennia. Many unfavourable budget cuts, particularly during the economic downturn, created a challenging fiscal position for Higher Education Institutions (HEIs). As state financing declines, public institutions are under pressure to find new and creative methods to make ends meet. Public HEIs in Malaysia are obligated to gain their revenue due to the country's restrictive budget policies. Establishing waqf or an endowment fund at the higher education/university is viewed as an innovative step toward financial sustainability. This research compares and contrasts the waqf funding for higher education in Malaysia and the Kingdom of Bahrain and draws lessons for the latter. To accomplish this, the qualitative method is employed. The paper finds that several universities in Malaysia have initiated waqf centres as per the strategic plan of the Ministry of Higher Education. They have implemented a sophisticated online procedure and cutting-edge technologies for collecting monetary contributions via cash waqf and other means to achieve this goal. In contrast, the waqf fund has been used in the Kingdom of Bahrain for either elementary school education or specialized study. The higher education in the Kingdom of Bahrain lack supporting their students and faculty members through this fund. Based on the findings of this research, it is recommended that Bahrain's universities follow the lead of waqf-based universities to achieve autonomy.

Optimalisasi Kinerja Lembaga Zakat, Infak, dan Sedekah melalui Self-Branding pada Media Sosial: Bukti dari LAZIS Jateng Surakarta

2023-08-14T01:44:12+00:00

The use of social media for marketing products of Zakat, Infaq, and Shadaqah Institution (LAZIS) is an effective alternative to promote to the general public, especially in today's society. This research aims to demonstrate the optimization of LAZIS performance in using social media as self-branding. This type of research is qualitative with a content analysis approach conducted at LAZIS Jateng Surakarta. This research reveals that self-branding on social media is used for the purpose of marketing products of LAZIS Jateng Surakarta which is implemented effectively. Dissemination of some LAZIS Jateng Surakarta products or programs can be channeled well to the general public compared to marketing using print media or voice broadcasts.