Ijarah Contract Research Articles

TRANSFORMATION OF IJARAH CONTRACT: The Review of The Concept and Its Implementation in Islamic Banking

Innovations in sharia banking products and services in Indonesia continue to experience significant developments. This is important to do to answer the needs of recent financial transactions. Various financing products with various contracts have been applied by Islamic financial institutions. One of the products developed is ijarah-based financing. However, different viewpoints regarding the legal validity of ijarah with its various types are still being discussed among academics and practitioners. The concept of ijarah itself was practiced in early Islamic era and continues to be practiced today in various contemporary financial transactions. This study aims to review the process of transforming ijarah principles to the development of their varieties, as well as related legal and regulatory provisions as a basis for implementation in the development of financing products in Islamic banking and finance. This research was a qualitative research using a literature study approach with descriptive analysis. This study concludes that several texts from the al-Qur'an and Sunnah explain the concept of ijarah and its permissibility according to sharia. Nash explains at least two types of ijarah, namely ijarah in service and asset leases. Both were revealed in the provisions contained in the KHES, PBI, as well as several DSN MUI fatwas. These regulations form the basis for implementing ijarah, IMBT, and IMFD in various sharia banking products and services.

Hybrid Contract Analysis On Sharia Safe Deposit Box Service Products

This study aims to determine the hybrid contract for sharia safe deposit box service products at Bank Bukopin Syariah Solo Branch Office. This research is a type of qualitative research that is a field case study. The research approach method used in this study is qualitative method. Qualitative research methods are research methods that use methods, steps, and procedures that involve more data and information obtained through resource persons as subjects who can devote answers to get a general picture of a matter under study. Data collection techniques are obtained by observation, interviews, and documentation. Based on the results of the study, it was concluded that Bank Bukopin Syariah Solo applies ijarah contract as the main contract in safe deposit box service products. In addition to ijarah contracts, there are other contracts that are used as supporting contracts. Hybrid contracts contained in safe deposit box rental are ijarah, rahn, wadi'ah yad amanah and wakalah.

ANALISIS KONSEP SHAFQATAINI FI SHAFQATIN PADA HYBRID CONTRACT AKAD IJARAH MUNTAHIYA BIT TAMLIK (IMBT)

The hybrid contract provides benefits for Islamic banks and customers. By combining two types of contracts, the parties involved in the transaction can maximize the generated profits. For example, in the ijarah muntahiya bit tamlik contract, two contracts are combined, namely the ijarah (leasing) contract and the sale and purchase contract, allowing the asset owner to sell the asset to the customer at the end of the lease period. There is a debate regarding the permissibility of multiple contracts based on some hadiths of the Prophet. For instance, the hadith regarding the prohibition of combining two transactions in one. Therefore, the use of hybrid contracts in Islamic financial transactions needs to be thoroughly examined to ensure compliance with Sharia principles and not violate Islamic law. This research is a type of normative legal research that examines Islamic legal norms, principles, and relevant doctrines related to the study's theme. The approach used is a conceptual approach intended to analyze concepts within Islamic law to understand their meanings. The hybrid contract in the Sharia-compliant banking product ijarah muntahiya bit tamlik is a permissible contract according to Sharia. In the Ijarah Muntahiya Bit Tamlik transaction, there are factors that underlie the absence of combining two transactions, namely the factor of the same time frame. The implementation of time in Ijarah Muntahiya Bit Tamlik is not simultaneous but gradual. Thus, the Ijarah Muntahiya Bit Tamlik transaction is valid. Furthermore, the permissibility of this transaction is based on considerations of maslahah (public interest), including eliminating difficulties in society, especially in the economic field

Relevance Analysis of Akad Ijarah Muntahiyah Bittamlik at BMT Syariah Bening Suci Prambanan with Fatwa of DSN MUI No. 27/DSN-MUI/III/2002

The growing Ijarah contract has resulted in this Ijarah contract being changed to the Ijarah Muntakiyah Bittamlik contract, which is a lease that ends with the use of property. In fact, Islamic banks rarely use IMBT, although in the interest of diversifying cost products , the following arrangements are considered mandatory in order to streamline their implementation. The following research uses a type of field research that is analytical descriptive in nature . As well as with the completeness of library research and content analysis by carrying out a comparison of the MUI Akad fatwa regulations with the practices contained in the BMT Syariah Bening Suci Prambanan. The results of the following research are that the Ijarah Muntakiya Bittamlik MUI contract and the practice of Ijarah Muntakiya Bittamlik BMT Syariah Bening Suci Prambanan are appropriate. Its application includes Fatwa No.09/DSN-MUI/IV/2000 concerning Ijarah Financing, No.71/DSN-MUI/VI/2008 concerning Sale and Purchase, No.27/DSN-MUI/III/2002 concerning al-Ijarah al- Muntakiya Bittamlik, No.56/DSN-MUI/V/2007 regarding Revision of Ujrah in LKS, No.89/DSN-MUI/XII/2013 concerning Sharia Refinancing.

Tafsir of Ijarah and Ujrah Versesin the Application of Muamalah

Muamalah is a part of Islamic teachings that regulate relations between individuals. One activity in muamalah is ijarah, which is renting goods where the lessor receives rent or compensation. Although ijarah has rules that must be followed, there are still many ijarah practitioners who do not understand the legal basis and rules that apply. This study discusses Quranic verses on ijarah, requirements of ijarah, payment of ujrah, cancellation of ijarah contract, return of rented goods, types of ijarah, and application of ijarah in everyday life. A qualitative method with a literature study type was used to collect data from written sources such as books, journals, and other sources related to ijarah. The results of this study indicate that ijarah refers to an agreement to use goods or services by paying rent, but does not include the transfer of ownership of the goods. Ijarah is often used in everyday life to rent labour and goods. There are two types of ijarah in financial transactions, namely ijarah and ijarah muntahiya bittamlik. The ijarah contract itself is divided into two types, namely ijarah al'ain and ijarah al-dzimmah. However, ijarah muntahiya bittamlik is declared haram if there are two contracts in one transaction. The solution is to separate the lease contract and the sale contract by first conducting the lease contract and then conducting the sale contract after the lease contract is completed. The law of ijarah almuntahiya bitamlik is haram, if there are two contracts in one transaction, and the solution to permissible ijarah muntahiya bittamlik is by separating contracts, namely by first conducting the lease contract and if the lease contract is complete then using a new contract with the sale contract.

The Use of Ijarah Structure Asset to be Leased by Using Underlying Assets in SBSN Project Based Sukuk (PBS) Funding the Infrastructure Development of UIN Sayyid Ali Rahmatullah Tulungagung, Indonesia

The purpose of this study is to analyze the use of the PBS (Project Based Sukuk) series of State Sukuk by using the Ijarah Asset to be Leased contract, this contract is created in a structure that allows the government to lease assets that will be realized in the future, but the government can pay the project lease. since the start of the construction period. Sukuk investors will receive compensation from the agreed rental value. In an ijarah contract, the returns received by investors are fixed. Rental fees are also known as ujrah. But because the projects built do not generate revenue streams and are a service to the community, the compensation given to State Sukuk investors does not come from the performance of the infrastructure, but the government pays ujrah from other revenue sources. The focus of this research is how the use of the Ijarah Asset Structure to Be Leased by Using Underlying Assets in SBSN Project Based Sukuk (PBS) Funds the Infrastructure Development of UIN Sayyid Ali Rahmatullah Tulungagung. This study is qualitative research with a descriptive method, namely by making systematic, factual, and accurate descriptions, drawings, or drawings regarding the facts, characteristics, and relationships between the phenomena studied. Data collection techniques were carried out by in-depth interviews, observation, and data documentation on the research object. Data analysis was carried out according to Miles and Huberman's instructions, namely data reduction, data presentation, and drawing conclusions based on the analysis carried out. Testing the validity and validity of the data was carried out using a triangulation technique, namely by examining data from different sources for measurement and comparison purposes. The research concluded that the use of the asset to be leased ijarah structure is carried out by using the underlying asset, namely the built infrastructure.

Observing Murabahah and Ijarah Accounting in Islamic Cooperation: PSAK 102 and 107 As References

The emergence of Islamic financial institutions cannot be avoided from the very high development of Islamic accounting. One example of a sharia financial institution is the Hospital Cooperative of RSUD Dr. M.A Hanafiah SM Batusangkar which has turned into a sharia cooperative. Hospital Cooperative RSUD Dr. M.A Hanafiah SM Batusangkar provides sharia financing to its members using murabahah and ijarah contracts. In carrying out its accounting activities, has the Hospital Cooperative of RSUD Dr. M.A Hanafiah SM Batusangkar in accordance with PSAK 102 regarding murabahah accounting and PSAK 107 regarding ijarah accounting. The method used is descriptive qualitative method, by analyzing documents and conducting in-depth interviews to strengthen the research results. The results of this study indicate that in the accounting treatment of murabahah and ijarah contracts, RSUD Dr. M.A Hanafiah SM Batusangkar has not complied with PSAK 102 and 107. Regarding PSAK 102, this can be seen from the absence of recognition of murabahah assets and deferred murabahah margin at the time the contract was agreed and PSAK 107 the absence of recognition of ijarah income when the ijarah receivables were paid but still included in the loan receivables. Through this research is expected to contribute to the Cooperative Hospital RSUD Dr. M.A Hanafiah SM Batusangkar in developing cooperatives with sharia principles and in accordance with applicable standards.

Application of Akad and Sharia Compliance to Online Shop Shopee in an Islamic Economic Perspective

The goal of this study is to clarify how contract law and shariah compliance are applied to the online store shopee in order to provide an overview and conclusions that can be recognized and understood regarding whether the shopee mechanism complies with Islamic economics. The approach taken is descriptive qualitative, and it entails reading the relevant literature and keeping an eye out on the Shopee platform. According to the study's findings, wakalah and ijarah contracts were used in the online shop shopee's contracting system. While regulations and policies for sharia compliance or sharia compliance from online shops like Shopee are implied and are written in clear, detail, and are in conformity with the terms and conditions in Islamic buying and selling.

Tinjauan Hukum Islam Terhadap Jasa Endorser di Media Sosial

In the marketing strategy, Endorsement is one of the strategies of business actors to introduce goods or service products to consumers through the intermediary of actresses, youtubers, or selebrgram, especially on Instagram or youtube social media. And celebrities have accounts on social media, especially Instagram and their youtobe accounts have many followers, and make an impact on many parties seeing the uploads of these actresses, youtobers and selebgrams. In this transaction using a service rental system that is paid and has a grace period. The freedom of business actors in using endorsement services has many impacts, both positive and negative impacts. This shows that the endorsement strategy is an ijarah contract that uses a written contract in terms of freedom, the endorsement strategy has several negatve impacts. And this endorsement strategy includes 3 parties, namely business actors who use endorsement services, actresses, youtubers and celebrities who receive endorsement services, and finally consumers who buy the products after seeing products that have been introduced through endorsement services. But there are also many endorsements of goods or services that are not in accordance with the shari’a which can damage the ijarah contract, and cause the contract to be invalid or defective because it does not meet the requirements and pillars of ijarah conract. Then, discrepancies were found regarding buying and selling between business actors and consumers, resulting in fraud gue to online transaction that cannot meet face to face and it is difficult to know whether these business actors are truly trustworthy or can harm consumers. Then regarding Islamic business ethics between actresses, youtobers, and celebrities against brand account followers who become consumers for business actors on social media, several discrepancies were also found regarding the concept of Islamic business ethics and the principles of Islamic business ethics

Analisis Akad Wakalah Pada Transaksi Financial Technology Syariah

This study aims to analyze the application of the wakalah contract in the sharia fintech digital payment system in one of the sharia fintech service products in Indonesia. This type of research is a literature study with a quantitative descriptive approach. The results showed that the wakalah contract in Islamic financial technology transactions is allowed if the issuer and the parties organizing electronic money and digital financial service agents do not use an ijarah contract. This is in accordance with DSN-MUI Fatwa No. 10/DSN-MUI/IV/2000 concerning wakalah which applies rewards to wakalah contracts. Instead of renting services, the issuer represents its duties to the parties organizing electronic money including digital financial service agents. So that the results of this study can be a guideline in making and formulating policies.

Implementation of Al-Ijarah Al-Maushufah Fi Al-Dzimmah Acad at Indonesian Sharia Bank

This study aims to determine the inhibiting factors for the implementation of the Ijarah Maushufah Fi Dzimmah contract in Islamic banks, especially in the city of Makassar. This study uses a literature study research method, with research data collected through books, articles, journals, and interviews and then analyzed by descriptive methods. A descriptive method is used to describe and explain the opinions of fiqh scholars about the Ijarah Maushufah Fi Dzimmah contract in Islamic law, as well as describe the results of the analysis of Islamic banking records and documents to determine the inhibiting factors for the implementation of the Maushufah Fi Dzimmah ijarah contract at the Makassar City Sharia Bank by conducting personal interviews. with banking practitioners in the marketing division of financing at Bank BNI Syariah, Bank BTN Syariah, and Bank Muamalat. The results showed that the inhibiting factors for the implementation of the Maushufah Fi Dzimmah contract include: (1) the absence of standard regulations from the government (OJK and BI) regarding the implementation of the Maushufah Fi Dzimmah contract; and (2) the methods of implementing the product development process and system transformation that have been implemented run by Islamic banks is still difficult; (3) lack of knowledge of Islamic bank practitioners on Al-Ijarah Al-Maushufah Fi Dzimmah contracts; (4) Islamic banking financing is dominated by murabahah contracts; and (5) low public interest in Ijarah-based products.

Hukum Pembayaran Uang Charge Sewa Mobil Perspektif Fatwa DSN MUI Nomor 112/DSN-MUI/IX/2017 Tentang Akad Ijarah

There are many problems in car rental services, one of the problems is excess rental time which eventually causes additional fees or charges. The purpose of this study is to find out how the agreement is between the tenant and the lessor and how the law does not pay the Charges from the perspective of the Fatwa of the National Syari'ah Council Number 112/DSN MUI/IX/2017 Concerning Ijarah Contracts. The research method used is empirical legal research. The results of the study show that the law of payment of Charges on car rental overtime due to car damage from the perspective of the Fatwa of the National Syari'ah Council Number 112/DSN-MUI/IX/2017 concerning Ijarah Contracts is mandatory because it has been agreed upon in the contract according to the fatwa regarding Ijarah. So that the obligation to pay Charge money is a form of agreement in the agreed contract related to excess time.

Telaah Transaksi Go-Food Dalam Perspektif Akuntansi Syariah (Studi Kasus User & Kantor Go-Jek Gorontalo)

The speed of the development of the times gives so much convenience in mengaskes everything. One of the convenience is in bermuamalah, especially economic transactions. Islam certainly does not stem the current rate of development of the times, but Islam limits the rules in accordance with the Qur'an and Sunnah. In this research, lifting one product from a platform, GoJek, with its GoFood product. This research is expected to provide a clear picture of GoFood transactions viewed in an Islamic perspective. The purpose of this study is to find out how accounting practices and contracts that occur in Go-Food. The research method used is descriptive qualitative research method. With data sources from interviews and related literacy source studies. The results of the study prove that the Go-Food transaction is seen from the overall relationship of all related parties, dominantly included in the Ijarah contract (lease).

IMPLEMENTASI AKAD PEMBIAYAAN DI KSPPS BMT AL-ITTIFAQIAH INDRALAYA DALAM TINJAUAN FATWA DEWAN SYARIAH NASIONAL

This research was conducted to find out how the implementation of murabahah and ijarah financing contracts at BMT al-ittifaqiah and their suitability with the fatwa of the national sharia council (DSN). The research method in this study is a qualitative method. The data in this study used primary data through interviews and secondary data through literature studies. The data analysis technique used is data reduction to summarize data from the field and data display for data presentation. The results in the study stated that: (1) Implementation of muraba̩hah and ijarah contracts at BMT Al-Ittifaqiah Indralaya Ogan Ilir South Sumatra has implemented product operational standards that have been regulated by OJK in the established regulations, and (2) Implementation of muraba̩hah and ijarah contracts at BMT Al -Ittifaqiah Indralaya Ogan Ilir South Sumatra has complied with the DSN-MUI fatwa NO.04/DSN-MUI/IV/2000 regarding murabah̩ah and DSN-MUI fatwa NO09/DSN-MUI/VI/2000 concerning ijarah contracts, looking at the mechanism of the procedure for implementing the contract at BMT Al-Ittifaqiah Indralaya Ogan Ilir, South Sumatra.

AKAD IJARAH DAN JUALAH DALAM PERSPEKTIF FIQH PERBANDINGAN PADA KEGIATAN BANK SYARIAH DI INDONESIA

Abstract Business transactions are experiencing significant development. In practice, Islamic financial transactions in financial institutions, both Islamic and non-Islamic banks, provide various contracts that can be selected depending on the type of product needed by the community. Among them are the ijarah and ju'alah contracts. Ijarah is one of the contracts contained in the concept of fiqh muamalah, the object is in the form of goods and services. While ju'alah is a reward (reward /'iwadh//ju'l) given by a person / or one party to a certain result achieved by another person / party based on a promise or commitment (iltizam) determined for a certain work. The method used in this study is an analytical descriptive method with a qualitative approach. The results of this study show that in general the ijarah contract is allowed by scholars, while in relation to this ju'âlah contract, most scholars have the opinion that ju'âlah is the law is permissible, and another small part of the scholars actually forbid it. The Ijarah contract is implemented through the financing product ijarah muntahiya bit tamlik (IMBT), this refers to the fatwa of the National Sharia Council Number: 27 / DSN-MUI / III / 2002 concerning "Al-Ijarah Al-Muntahiyah Bi Al-Tamlik" and circular letter No. 10/14 / DPBS issued by Bank Indonesia on March 17, 2008 and the ju'alah contract was implemented through the issuance of a Bank Indonesia Sharia Certificate issued by Bank Indonesia in accordance with the Fatwa of the National Shari'a Council NO: 64/DSN- MUI/XII/2007. Keyword: Ijarah, Ju'alah, Sharia Bank.

METAVERSE: SHARIA CONTRACT LAW PERSPECTIVES

Abstract The Metaverse is a combination of reality and virtual reality, or the World. Through technology, the Metaverse combines augmented reality (AR) or augmented reality, a blend of 2D or 3D virtual objects into the real world in real-time, with virtual reality (VR), which can make simulations similar to the real world. Muslims should consider the impact and advantages of this technology because they already wear it daily. This paper studies and evaluates the halalness of the sharia commercial contract law in the Metaverse. This paper's qualitative analysis of sharia contracts uses the comparative descriptive method. Muslims should consider the impact and advantages of this technology because they already wear it daily. This paper studies and evaluates the halalness of the sharia commercial contract law in the Metaverse. This paper's qualitative analysis of sharia contracts uses the comparative descriptive method. Muslims should consider this technology's impact and benefits because they wear in real life. This study examines and analyzes sharia economic contract law in the Metaverse, looking at its halalness. These writings describe the fiqh, Koran, Hadith, and the opinions of scholars about the sharia contract in the Metaverse. The data used for comparison is found in the Metaverse. According to metaverse analysis, the perspective of the ijarah contract is the same as that of the metaverse transaction. In terms of losses, the payment of Crypto and NFTs in the Metaverse can be very dangerous for society, as their value is uncertain. Such transactions include gharar, which must be abandoned because they are doubtful and do not bring benefits, which is the purpose of Islamic law. Keywords: Islamic Law, Metaverse, Sharia Contracts.

Analisis Hukum Multi Akad pada Dana Talangan Haji Bank Muamalat

Hajj bailout funds have a positive impact as well as a negative impact. One of the negative impacts of haj bailout funds is obscuring the meaning of istitā'ah in the implementation of hajj. This study aims to analyze the multi-contract law contained in the haj bailout contract. The research method of this article is an analytical method based on qualitative data. The author seeks research data on related themes by reviewing articles and conducting interviews with the Muamalat bank unit hajj bailout marketers. From this process, the researcher found that there was a merger of two contracts in the hajj bailout contract, namely the qard contract and also the ijārah contract. One of the important conclusions from this research is that the law of origin of multiple contracts is permissible. However, there is a combination that is forbidden according to the hadith; namely the merger between the qard contract and the sale and purchase agreement. This prohibition also includes the merging of all mu'awwahdāt contracts and qarḍcontracts including ijārah contracts. So the conclusion of this research is the forbidden haj bailout contract; because if there is a merger between the ijarah contract and the debt contract, it becomes a means of usury.

Implementasi akad ijarah pada jasa event organizer project 13 di Makassar

Along with people's desires that are increasingly complex in almost all aspects of life without being related to entertainment or musical performances but are limited to time and energy management, event organizers are an alternative that answers this, where event organizers are committees that work professionally with the aim of design, implement and be responsible for the implementation of these activities. The purpose of this study was to determine the mechanism of the cooperation contract at the event organizer project 13 with service tenants and related to the implementation of the ijarah contract in the cooperation contract agreement in the view of Islamic economics. The research method used is a qualitative method with a phenomenological approach, and the data collection methods used in this study are interviews and documentation. The results of this study showed that the project 13 system in which it complied with the applicable sharia provisions of the contract and there was a binding written cooperation contract, and based on the observations of the cooperation contract carried out by the event organizer project 13 included in the ijarah contract which in harmony and the terms are in accordance with the provisions of sharia.
 Key words: Ijarah, Event Organizer, Project 13

Transaksi Kemitraan Usaha antara Rumah Sakit Umum DR. H. Koesnadi dengan Layanan Kesehatan BPJS Perspektif Hukum Ekonomi Syari`ah

This study determines the form of cooperation transactions between BPJS Kesehatan and RSU Dr H. Koesnadi and finds out the views of Islamic law related to service transactions and buying and selling of facilities.The research method used was descriptive prescriptive, and data collection techniques were observation, interviews, documentation, and data analysis techniques, namely editing and organizing, and checking the validity of the data.Conclusion of the RSU Partnership discussion. Dr H. Koesnadi Bondowoso with BPJS Health in the field of health services had been going well. The form of cooperation between two or more people who were entitled to provide services to the community or syirkah engaged in the service sector. Imam Shafi`i believed that this work syirkah was not valid. But other imams allow and legal. Provision of services as provided by the RSU. Dr H. Koesnadi Bondowoso in the form of inpatient services, outpatient services, and other services, were rental services including rental contracts and the law was permissible, which in Islamic economic terms was called an ijarah contract. While the provision of consumables such as medicines, infusions, blood transfusions and so on, includes buying and selling transactions and this was allowed according to Islamic law.

Analisis Penerapan Akad Wakalah Bil-Ujrah pada layanan Go-Mart (Studi Analisis)

Nowday its many transaction model has been developed and the research is needed, at first humans transacted with the concept of bartering and in this time humans can transact using a virtual money, in the fiqhiyah rule the terms of the transaction is akad and in this day and age human only using his device to transaction. Such us Go-Jek application product on Go-Mart Services that makes human easier to get his desire goods, so there is an terms that must be in that transaction and the contract used mus be in accordance with Islamic shariah, in this case the product uses ijarah contract, qard and wakalah bil ujrah. Then there needs to be more analysis of this service to meet the elements in the fiqh rule so that muslims are allowed to use it.