Abstract

<p>Halal products have become important needs for the Muslims. Increasing demand for halal products increased to encourage the importance of halal logistics. Halal logistics system must guarantee that the products remain secured in the process of logistic and transport activities. There is still many homework to be done to realize halal transportation and logistics in Indonesia.TRAC Sharia as a transportation services provides a solution that is established with sharia principles such as <em>musyarakah</em>, <em>mutanaqisah,</em> and <em>ijarah</em> through its business process model. Novelty of this study is on the mapping of value proposition, business model, and business process integrated with Sharia principles. According to the results of this research that TRAC Sharia provides the best Ijarah services for companies that are concerned about sharia-based products or services. Agreement of <em>Ijarah</em> on TRAC Sharia is free from the elements of <em>Riba, Maysir</em>, and <em>Gharar.</em> In addition, all vehicles TRAC Sharia obtained halal through <em>murabahah</em> mechanisms and protected by insurance based on Sharia principles <em>(Ta'awun).</em> The advantage of TRAC Sharia is the openness and fairness in the management of the vehicle and can be developed into a <em>mudharabah</em> with the concept of profit sharing.</p>

Highlights

  • Transportation is an important part of community life

  • Muslims in Indonesia need transportation services that comply with Sharia principles as halal products

  • TRAC, market leader of Indonesia car operating lease, offers a new product based on sharia principle to the market

Read more

Summary

Introduction

Transportation is an important part of community life. Transport is derived from the Latin word “transportare”, where “trans” means across or other side and “portare”means to transport or carry. Transportation is an important part of community life. Transportation means transporting or carrying (something) to another side or from any other place. This means transportation is a given service, to help people and goods to take from one place to another. Transportation can be defined as business and transporting or carrying goods and/or passengers from one place to another place (Kamaludin, 2003). Transportation or transport is a field of activity that is very important in the life of Indonesian people. By realizing the importance of the transportation role, traffic and road transport must be arranged in an integrated transportation system and able to realize the availability of transportation services that meet the level of traffic needs (Hafsah, 1999). Muslims in Indonesia need transportation services that comply with Sharia principles as halal products

Results
Discussion
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.