Islamic Syariah Research Articles

FATWA DSN-MUI TERHADAP AKAD-AKAD DALAM LETTER OF CREDIT (L/C) IMPOR DAN EKSPOR SYARIAH

The existence of letter of credit which is really accordance with Islamic syariah principles has been waited by moslem bussinessmen who want to run their religion values in all their life. The conventional L/C has been existed is considered as on syariah L/C due to its practice still applicates the interest system. The regulation of L/C Syariah has been existed in Act No. 21/2008 concerning Perbankan Syariah, in article 19 p, and long before the act was born, the existence of L/C Syariah has been mentioned in Fatwa Dewan Syariah Nasional MUI NO.34/DSN-MUI/IX/2002 concerning L/C Impor Syariah and Fatwa Dewan Syariah Nasional MUI No. 35/DSNMUI/IX/2002 concerning L/C Ekspor Syariah. L/C Syariah can applicate some models of akads/contracts, such as : wakalah bil ujrah, qardh, murabahah, salam/istisna’, mudarabah, musyarakah, hawalah and al-bai’. From the variety of contract models which can be applicated to the L/C Syariah, wakalah bil ujrah and Murabahah are considered as the most efficient, safest, and the most minimum risky. Wakalah bil ujrah and Murabahah are also an aggreement that closest to the goal of L/C existence, that is: makes the international trade process become easier.

Produk Asuransi Syariah Prudensial Syariah Dalam Tinjauan Hukum Islam: Studi Kasus pada PT. Asuransi Prudensial Syariah Binjai

This research hopes that before understanding that the equivalent in insurance assets is of the same opinion as using Islamic syariah institutions at PT Prudential Syariah. The data used in this examination are evidence and secondary data. The method used in this discussion takes a qualitative discussion. The impact of this examination is that the internal doctrine of Padan is fully contained in an opinion based on the DSN inspirations doctrine, that the interior of the company's Padan Mudarabah speaks like mudharib (administrator) while the representative speaks like shahibul mal (policy employer) and the interior of Padan tabarru. The representative submits a gift that will be used before helping other representatives who are prone to threats while the company only talks like a steward of the shares of the gift contained. Thus the operational inspiration of syariah insurance focuses more on the threshold of inspiration, help, relief, and justice.
 Keywords: syariah insurance product

The Change Has Come: How Transformational Leadership Makes Change Transition Successful in Islamic Banks?

Introduction/Main Objectives: A major syariah regulation in Aceh province, Indonesia, has forced conventional banks to terminate their operation in the region, and following that Islamic Banks particularly in Aceh become popular and grow significantly. As a result Bank’s operational management has changed in Aceh province. Background Problems: As anticipated, uncertainty, confusion and insecurity impacted employee performance Novelty: Transformational leadership has long been associated with change process, therefore this research tried to validate the notion with the case of Islamic Banks in Indonesia particularly in Aceh Province which has never been studied before Research Methods: This research was conducted using quantitative approach, data were collected using online questionnaires from 135 active employees in Islamic Syariah Banks and hypothesis were then tested using SEM. Finding/Results:The results show that transformational leadership significantly affects job performance during the change process at Islamic Banks in Aceh Province and self-efficacy mediates the relationship Conclusion: The study confirms that transformational leadership does affect job performance during the change process.

Stakeholders’ readiness in the development of an Islamic smart city

Background - Smart City integrates systems with the latest technologies to enable fast track of information and decision making by individuals, government, businesses, and public. Smart City connects people and information to manage public amenities, control crime rates, enhance services effectiveness, create vibrant, competitive, and innovative cities, and improve quality of life. Islamic Smart City can be defined as a smart city that incorporates the Islamic Syariah from Al-Quran and Hadith as a way of life; and impart the main component of Islamic Syariah compliance in individual and organisational behaviour aspects such as ethics, cleanliness, trust, security, and others. This research aims to explore the stakeholders’ readiness in four aspects of technology, human, institutional and Islamic factors, which are important in the development and implementation of the Islamic Smart City. Methods – This qualitative research design collected data through interviews with 20 selected stakeholders. Results– The findings provide the state government with insights into stakeholders’ readiness, which is crucial to the development of Islamic Smart City. The findings also show that the stakeholders’ readiness in the technology is high; but it is lacking in the Institutional and Islamic factors. Conclusion: This research provides insights that the development of Islamic Smart City requires major concern such as ensuring the stakeholders’ readiness for technology, human factors, the institutional and the Islamic factors are met.

Penerapan Etika Bisnis Syariah Pada Usaha Mikro Kecil Menengah (Umkm) Masa Pandemi Covid-19 di Pasar Swadaya Gotong Royong Masyarakat Batumarta Desa Baturaden Kecamatan Lubuk Raja Kabupaten Ogan Komering Ulu

Basic problems research this is how the application of the ethical principles of a business according to islamic syariah on micro business in the village baturaden ( kecamatan kabupaten oku the bottom of the king .As for the purpose of this study is to find the application of islamic business of ethical principle at a venture mikro.jenis this research is descriptive qualitative research was conducted research which is a devoted to described analyzed the phenomenon of events , social activities , attitude , trust , perception , the minds of the american individually as well as groups .Research object is the owner of micro business in the market swadaya gotong royong village community batumarta baturaden oku the bottom of the king . Data collection by means of observation , interview , documentation , and such .And is poured into table then analysis technique data using the qualitative method descriptive by pulling a conclusion by using a technique inductive , deductive , and comparative .The research results show that has not yet been fully know , understand and apply .It was because the small and medium businesses umkm players culinary in the market swadaya masyarakat gotong royong batumarta inside do the business practices employed in truth and do not have not been in accordance by islamic syariah

Islamic Perspectives on the Implementation of Wadiah Products at Islamic Banks in Indonesia

The aim of this paper is to study the implementation of Wadiah Product at an Islamic Bank in Indonesia. Bank Syariah Mandiri is the first government bank that operates according to the Islamic Syariah system in Indonesia. The Bank Syariah Mandiri provides wadiah products to serve its customers who are concerned with a free interest product in a financial transaction. This study was carried out with a qualitative method, and the data were gathered through in-depth interviews with the bank staff and manager, observation, and written material. The results of this study show that wadiah application in Bank Syariah Mandiri of Palu runs in accordance with the Syariah principles of Islamic Law. The results of this study also show that costumers lack knowledge regarding how to access the wadiah product. Then the Muslim community preferences in wadiah savings products is still relatively small because Muslim society perceived the profit sharing at the Islamic bank is lower compared to similar products from conventional banks.Further study may focus on Islamic banks customers perception of the wadiah product.

POLA KOMUNIKASI RUMAH SINGGAH MITRA AL-AKHYAR DALAM PROSES PEMBINAAN KEAGAMAAN ANAK JALANAN DI BANDAR LAMPUNG

The Street Kids, behind the negative sides of their social life environment, some of them still have nature to recognize their God. The existence of the street kids in Bandar Lampung keeps increasing everyday. In the other side, the government gives less attention to this case,so that the street kids become the citizen who are avoided by the society. The Homeless Shelter of Al-Akhyar is the non-governmental organization standing independently having awareness towards the existence of the street kids in Bandar Lampung. The organization which initiatively implementing religion development of the street kids. The Communication Pattern of the Homeless Shelter of Mitra Al-Akhyar in implementing the religion development ofthe street kids in Bandar Lampung based on the term of faith (Islamic Aqeedah), Islamic Syariah, and Moral. The communication patterns implemented in this case are conversation, story telling, parable, advice, attention, exemplary, habituation, and lecture.

Analisis Penerapan Sistem Informasi Aplikasi Pegadaian Syariah Digital Dalam Memudahkan Nasabah Bertransaksi Menurut Syariah Islam

This study aims to analyze the application of the Pegadaian Syariah Digital information system in facilitating syariah transaction customers at PT. Pegadaian Syariah Ups Mertoyudan. The research method used in this study uses qualitative research throught interviews with customers Pegadaian Syariah Ups Mertoyudan. Then analyzed using descriptive analysis method.The results of this study indicate that the application of Pegadaian Syariah Digital is in accordance with the objectives of Pegadaian Syariah namely to facilitate customers in terms of transactions and provide service that have an impact on customer satisfaction. Pegadaian Syariah Ups Mertoyudan emphasizes the disclosure of detailed and valid information so that it cant prevent wrongdoing in doing business. The application of Pegadaian Syariah Digital in Pegadaian Syariah Ups Mertoyudan is in accordance with islamic syariah principles.

Application of the Doctrine of Binding Precedent in Malaysia: A Re-Evaluation

This paper aims to analyze the issues concerning the implementation of binding precedent in Malaysian cases, and propose a re-evaluation of the binding precedent doctrine. The qualitative approach was employed to indicate the issues related to the doctrine of binding precedent by analyzing relevant cases. These cases were selected to propose the re-evaluation of the binding precedent doctrine as practiced by the Malaysian dual-judicial system. The main issue to be discussed regarding the doctrine of binding precedent is interference by the Civil Court on Islamic matters and Syariah Court decisions, which lead to inconsistency in judgments, even after the amendment of Article 121(1A) of the Federal Constitution. This study proposes that the application of binding precedent should be re-evaluated to ensure that the principles of justice are upheld. Court judges should decide cases based on merit, and only use previous judgments as guidance for present and future cases.

Peran Perempuan dalam Mewujudkan Keluarga Sejahtera Menurut Perspektif Ekonomi Islam (Studi Kasus Perempuan Pedagang Kaki Lima di Simpang Tugu Tigo Baleh, Kelurahan Pakan Labuah, Kota Bukittinggi)

<p><em>Along with the development of the times of course the needs of society increase from year to year. Unlimited human needs, with limited availability of resources. Making women also play a role in meeting the needs of families in an effort to realize a prosperous family. This research was conducted to provide an overview of the role of women in realizing a prosperous family from the perspective of Islamic economics. Research conducted at the Tigo Tigo Baleh Intersection, Pakan Labuah Village, Bukittinggi City uses a qualitative descriptive approach with data obtained from primary and secondary data. The results of this study conclude that in Islamic sharia, to make a living is the duty of the husband. The wife's only obligation is as a housewife who educates children and serves her husband. But it is not forbidden when the wife helps find a living for the family. According to an interviewee at the interview, stated that they women do their activities as traders is to help their husbands in meeting family needs, as well as channeling the hobby of trade that has been buried because only become housewives. This research also provides understanding to women in order to know their rights and obligations in the household, the urgency of how Muslim women who should carry out their daily activities become housewives as well as traders in accordance with the recommendations in their Islamic Syariah.</em><em></em></p>

The Awareness and Knowledge of Alternative Islamic Treatment: A Case Study in Malaysia

Technological advances and evolution in medicine have evolved and led humans to find alternative methods of modern medicine. Alternative treatment centers based on either "Islamic Treatment" or traditional ones are becoming more and more popular over time. Alternative treatments of Islam are treatments based on ruqyah, aura, inner, and homeopathy. In line with this rapid alternative to Islamic medicine, the Malaysian government supports Traditional and Complementary Medicine (TCM) in connection with any traditional medical practice among the local community except for medical or dental practices registered and recognized under the Malaysian healthcare system. However, to this day, the awareness, exposure and knowledge of alternative Islamic medicine are still in small scale and very limited in society. This issue needs to be taken into account for the importance of exposure and knowledge to the community not only to the Muslim community, but to all Malaysians. As such, this research aims to raise awareness and make research findings a platform to provide comprehensive information to the public. This can change the perception and resolve the community's doubts on alternative Islamic medicine as well as enhance the development of alternative Islamic medicine by offering a 'one-stop-center' hub for the needs of patients in need of alternative treatment. This study will use qualitative approach by interviewing the founder and practitioner of Islamic medicine Darul Ansar center and also observation method by observing the practice of medicine or treatment in accordance to Islamic syariah. The interview will be using thematic analysis whereby the data will be gathered and analysed.

Analysis of Sharia Mutual Fund Efficiency with the Data Envelopment Analysis (DEA) Method

According to Lawrence & Michael, "A portfolio is a collection of investment vehicles assembled to meet a common goal investment" means that the main purpose of the establishment of a portfolio is to obtain optimal results with minimal risk. This study analyzed the efficiency of mutual funds as well as to analyze the differences of each value efficiency sharia mutual fund shares. The results of this study indicate there is one mutual fund sharia efficient during years 2013-2015, namely mutual fund shares of CIMB - Principal Islamic Syariah Equity Growth. However, after variance analysis demonstrated no significant differences between the respective values of sharia equity fund. Then the hypothesis Ho is accepted with a value of 0,211 variants. Thus it can be concluded. The efficiency of mutual fund shares for 3 years not describe the significant value of different

Genealogi Semiotis Term Sunah Dan Bidah: Dari Syariat Hingga Ideo-Politis

This paper wants to emphasize that the ongoing debate around the term Sunnah and Bid’ah today is ideological, even political dissension. They two no longer reflect the pattern or Islamic syariah knot. Since it was mentioned by the Prophet Muhammad in his traditions, due to external encouragement and the dynamics of the problem of Muslims, this two terms have experienced an acute swelling of meaning. Based on that, through this paper I will try to track and objectify the terms of the Sunnah and Bid’ah which are already blurred and full of dust. By returning to the beginning of its appearance in the hadith, we can find the core of the real meaning of the concept of Sunnah and Bid’ah as well as the context and purpose contained in it before it is torn apart by many factors in the history of Muslim civilization.

IPTEKS PENGENDALIAN INTERN DALAM PEMBIAYAAN IMPLAN PADA PT. BANK SYARIAH MANDIRI KC. MANADO

BSM or PT. Bank Syariah Mandri is aone of the syariah banks, which in practice banking uses the principles of Islamic syariah. In syariah banking, currenty there are many products, one of which is payment without installments, which in Bank Syariah Mandiri has also been implemented through the BSM implant program. The more developed implant financing is, the more effective internal control is needed for the company. To find out how internal control in implant financing at PT. Bank Syariah Manado branch office can be said to be effective or not. We can assess the effectiveness of internal control in implant financing if analyzing each element of the internal control system consisting of the control activities, control environment, risk assessment, monitoring and Information and communication. Whit good internal control within the company, implant financing can ran effectively. Keywords: Internal Control, Implant Financing, BSM Implant

PENGARUH PENGETAHUAN DAN IKLAN TERHADAP MINAT MENABUNG DI BANK SYARIAH (STUDI MAHASISWA FAKULTAS EKONOMI DAN BISNIS ISLAM IAIN PADANGSIDIMPUAN ANGKATAN 2014)

Syariah Banking is an Islamic banking which has main function to deploy and distribute funds to society. Islamic banking is a relevance 􀏔inancial institution to Islamic principles such as Al qur’an and Hadist. The condition of Islamic banking at state institute for Islamic studies, Padang Sidempuan was many students preferred to learn about banking, Islamic law, Islamic syariah bank, and syariah bank, from the available bank advertisement like magazines, newspapers, radio, television, and others.

PEMODELAN MATEMATIKA PREMI TUNGGAL BERSIH ASURANSI UNIT LINK SYARIAH

The exact risk factor can be managed by transferring the risk to the other party (in this case the insurance company). In this paper will be discussed more life insurance, as the development now there are types of insurance combined with investment, which is popular with the term Unit Link insurance. Unit link Syariah began to be launched as one of the fulfilment of the high needs of the community, the privilege of the product Unit of Islamic links is actually located in the elements of the laws in accordance with Islamic Syariah. The issues that will be discussed are how to get a single premium model of life insurance unit link Syariah with life insurance and investment fund allocation invested in investment product with a big interest rate of risk (financial approach) and investment product with the value of return maximum (actuarial approach). The resulting model is then implemented in case of examples by comparing the two approaches to see the shortcomings and advantages of Unit link lifetime life insurance when compared to life insurance. The result obtained from this research is the benefit obtained from Unit-linked sharia insurance on average will be greater if compared with life insurance for life, maximum benefit will be obtained Insurance Unit Link of sharia using actuarial approach compared to financial, but benefit with a relative financial approach more stable than actuarial approaches that tend to fluctuate.

Architecture according to the Perspective of the Qur'an: An Evaluation

Islamic architecture is part of the element of art produced by a group of people who love something beautiful in nature. In the Quran itself has stated that the beauty of something is no relation to love, faith and God. In this paper, the author felt compelled to see Islamic architecture according to the perspective of the Quran that pointed less existence of institutional building of the mosque as a symbol and a landmark of Muslims in the world. One of the main objectives in this writing was discussing the definition of the architecture in the debate of the concept, philosophy and goals of Islamic architecture itself and in the context of the human relationship with the Creator. In addition, this writing discusses the characteristics of Islamic architecture that became the foundation of a building. In this writing also, author is using qualitative methodology focusing on research on the analysis of documents and observations in the study to make it more effective. The study found that, Islamic architecture that can be seen through the mosque building which has distinctive features in architecture, complementing the exhibit uniqueness based on Islamic syariah.

FAKTOR-FAKTOR YANG MEMPENGARUHI MINAT MENABUNG PADA BANK SYARIAH (BANK RIAU SYARIAH CABANG PEKANBARU)

<p>The background of this research on Syariah banking is based on the opinion and supposition that the interest given by conventional banking is a usury. As can be seen on the national and regional development on Syariah Banking, it is shown that the public interest in Syariah Banking is very high. This research is conducted mainly in the city of Pekanbaru on Bank Riau Syariah Pekanbaru Branch. The purpose of this research is to find out the factors often influencing the public interest in saving their money on Bank Riau Syariah. There are primary and secondary used in this research. The primary data is directly acquired from the main resources through the use of questionnaire. The secondary data used in this research is gathered with the help from Bank Riau Syariah Pekanbaru Branch, and the organizational structure of said bank. The method used in analysing the data of the research is a descriptive method which is done by following the procedure of solving the problem being investigated and by describing the state of the object of the research at the time of the research, based on the fact and reality. Then, the data collected is organized and arranged in the form of tables to be later elaborated and analysed. The result of the research shows that the dominant factors in influencing the public interest in saving their money in Bank Riau Syariah Pekanbaru Branch is to avoid act of committing usury. The other factors are profit and the belief that saving in a Syariah Bank is one form of confirming the Islamic Syariah. Moreover, there are also other factors influencing the public interest in saving in a Syariah Bank, such as accessibility, security, and other non-related factors such as the good service provided by the bank in serving its customer.</p><p> </p><p>Key Words- Syariah Bank, Saving, Customer</p>

THE RESPONSE OF CONTEMPORARY INDONESIAN ISLAMIC PARTIES TOWARDS PLURALISM

Religion-based political parties, particularly Islamic parties, are often perceived as being less committed to preserving pluralism in comparison with secular parties. Some people regard them as having hidden agendas which are not proper for Indonesia as a plural country. By exploring the ideals and practical aspects of several major Islamic parties, this article wants to highlight the views and attitudes of these parties in relation to political diversity that indicates a real position of pluralism within these parties. To measure the Islamic parties commitment on pluralism, this article will explore these issues:(1) the main purpose of party establishment, (2) the concept of the ideal form and foundation of a state, including the vision of Pancasila, (3) attitudes towards minority groups, including non-Muslims, Ahmadiyah, Syiah and any other minority groups, (4) policies related to religious concerns, including rights to religious education, the establishment of Islamic Syariah at the local level, and radicalism and (5) developments of political cooperation with secular and non-Muslim parties. The discussion will also touch upon the reasons behind the response towards pluralism as well as addressing the question on whether the response towards pluralism is based on pragmatic interests or Islamic idealism. Discussions about the Islamic parties will also reveal the gradation and level of commitment of the Islamic Parties to pluralism, which in general tend to be supportive towards pluralism.

TRADE PRINCIPLES AND SHARIA-ADHERENCE BANKING PERFORMANCE ANALYSIS BY EMPLOYING MAQASID ISLAMIC SHARIA INDEX APPROACH: STUDY ON INDONESIAN SHARIA BANK

This research is performed in order to empirically analyze and demonstrate trade principles and Islamic syariah (sharia) adherence-based banking performance by employing maqasid sharia index. This research is an explanatory research that aims to explain the causal relationship between variables using a quantitative approach. The study’s population is eight Islamic banks based on data used in this study. Study period lasted from 2010 to 2014. The analysis method used to answer hypothesis proposed in this study is PLS. The results of this study exhibits that trade principles possesses no significant effect on the performance of Islamic banking, trade principles possesses a significant effect on sharia adherence, and forementioned adherence has a significant effect on the sharia banking performance.