Margin Calculation on Non-Cash Car Purchases

Abstract

PT Astra Credit Companies Banda Aceh has converted to Sharia in December 2021. This company provides services for the sale and purchase of cars on a non-cash basis using the Murabahah contract. Murabahah is a sale and purchase contract in which the trader must openly state the initial price, the cost of goods, and the profit he will take. In practice, PT ACCS has done these things, but the margin calculation is not made openly to the buyer. The purpose of this study is to answer the problems, namely how the margin calculation method on non-cash car purchases at PT ACCS, the factors that affect the margin rate and how the validity of the margin calculation system in the perspective of the murabahah contract. The method used in this research is descriptive qualitative which later researchers will conduct research through the field or literature, as for data collection techniques, namely through interviews, observation and documentation. The result of this study is that in calculating the margin, PT ACCS applies two methods, namely flat and annuity, the amount of the margin percentage depends on the time period taken by the buyer. The factors that influence the margin rate are competition factors and local OJK regulations. The validity of the margin calculation system in the perspective of the murabahah contract carried out by the company is in accordance with the general concept of murabahah. However, the margin calculation method used, namely the annuity method, can damage the murabahah contract because the annuity calculation method is a margin calculation method for financing products, not products for buying and selling goods.