Abstract
Every step in the production chain must adhere to sharia ideals and principles in order for producers to fulfill their duty to optimizing benefits. Avoiding forbidden items in transactions and applying the suggested Islamic standards are the primary Islamic values in manufacturing. The purpose of this study is to determine and examine how sharia principles such as fairness, openness, and the proscription of usury are applied in typical market transactions. This study employed a qualitative methodology, gathering data through observations and interviews at a number of conventional marketplaces. The study's findings indicate that traditional and contemporary markets are essentially the same, with the only exception being the manner in which transactions take place. Traditional markets serve as both a tangible representation of the variety of the Indonesian people and a tiny version of their cosmopolitan society. Through just and honest dealings, markets in Islam seek to bring about wealth for both the earth and the hereafter (Al-Falah). As a result, Islam differs from other economic systems in a number of ways. Many traders from different areas have incorporated sharia economic ideas into their conventional market trading activity in Bengkulu. In this instance, the government's participation is crucial in educating traders about sharia economic principles, particularly in traditional marketplaces, in order to build a thriving economy founded on people's honesty and justice.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Similar Papers
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.