Practice Of Usury Research Articles

ANALISIS PERAN KOPERASI SYARIAH BAGI MASYARAKAT

This research aims to determine the role of sharia cooperatives in improving welfare and the mechanism for distributing productive financing to the community, especially traders around the Medan Tasbih Complex. The research method used is descriptive analytical research using data collection through field observation, interviews and documentation. The results of this research show that the BMT Al-Musabbihin sharia cooperative has provided many benefits for the community to gain prosperity and be free from the detrimental practice of usury and reduce the dependence of small traders from financial institutions on conventional banks and loan sharks. The BMT AL Musabbihin sharia cooperative has played a role in providing business credit to increase business capital through savings and loan credit, namely providing investment capital to its members, especially among Small and Medium Enterprise (SME).

Sharia Economics Students' Understanding Of The Prohibition Of Riba In Conventional Bank Institutions

The aim of this research is to determine the understanding of sharia economics students regarding the prohibition of usury in conventional banking institutions. Where in Islamic teachings, usury is strictly prohibited according to the guidelines of the Al-Qurana and Al-Hadith. This research uses qualitative research with in-depth interview methods. Data taken from respondents from sharia economics students in the first semester of STAI Kuningan. The results of the research show that sharia economics students really understand about usury because they have often heard what usury is before. Students also understand the practice of usury which is the same as the interest system used by conventional banking institutions. Usury is very detrimental to one of the parties to the transaction. It is not mutually beneficial for the parties carrying out the transaction.

The effect of inflation and interest rates on number of pawn customers at PT Pegadaian Daya branch office

PT Pegadaian is a state-owned credit institution that has a specific objective as a distributor of loan money based on pawn law which is aimed at preventing the practice of debt bondage, illegal pawnshops, usury, and other unfair loans. This research aims to see the effect of inflation and interest rates on the growth of the number of pawn customers at PT. Pegadaian Daya branch, Makassar City, South Sulawesi Province, Indonesia. This research was conducted at the PT. Pegadaian Daya branch office, Makassar, Indonesia. The population in this study were all pawn customers of the PT Pegadaian Daya branch, where the author took 96 samples using the Lemeshow method. Data collection was carried out using a questionnaire distributed to consumers using the Random Sampling method. The research results found that both inflation and interest rates did not have a significant effect on the number of pawn customers at PT Pegadaian Daya Branch office.

Pros and Cons of Riba Interest

This study aims to ascertain attitudes concerning usury interest throughout the previous 29 years, from 1994 to 2022. This study employs a qualitative analysis method on secondary data in the form of metadata from 146 publications indexed by Scopus, which was then processed using SentiStrength and Microsoft Excel 2019. According to the sentiment analysis's findings, there is a significant amount 49,3% of neutral sentiment followed by 32,2% of negative sentiment and 18,5% positive sentiment in expert opinions on usury interest. The study's findings revealed that the tendency of usury interest in Islamic banking is still on the rise. According to the study, many different types of usury practices exist. Thus, practitioners, academia, and the government must continue educating and socializing people about usury-free economic methods that adhere to Islamic principles. These findings can be used as an example to educate the general public and society about usury interest and Islamic finance and economics.

В поисках легких денег: торговля алкоголем купчихами Центрального Черноземья в конце XIX – начале XX века

At the turn of the 19th and 20th centuries, female merchants in the Central Chernozem region of Russia actively participated in the wine trade, selling a variety of alcoholic beverages including wines, vodka, beer, and honey-based spirits. The author identified 2,342 female merchants who lived in the Voronezh, Kursk, Orel and Tambov provinces during this period, with approximately 5,9 % of them engaged in the wine trade. The majority of them conducted their wine businesses independently, without the assistance of male relatives, and obtained guild and trade certificates in their own names. They operated both wholesale establishments, such as warehouses, and retail outlets like wine shops, grocery stores, and imported wine cellars. Additionally, they sold alcoholic beverages in drinking establishments, inns, and restaurants. After the introduction of the state wine monopoly in Russia in 1894, female merchants competed with state-owned wine shops. The state wine monopoly was gradually introduced across the regions of Russian Empire. It was introduced in the Voronezh and Kursk provinces on July 1, 1900, and in the Orel and Tambov provinces on July 1, 1902. Along with the occupation of the wine trade, female merchants diversified their business activities by engaging in industrial production. They owned distilleries, candle factories, oil mills, textile factories, and flourmills, and were also engaged in usury practices.

Metode RGEC dalam Perbandingan Tingkat Kesehatan LKMS di Indonesia Sebelum dan Semasa Pandemi Covid-19

The existence of a Sharia Financial Institution in recent years has become an alternative financial institution for society which is very important in advancing the real sector. This is because Sharia banks play a role in socializing the practice of profit sharing to avoid the practice of usury (interest). However, in 2019 - 2020 there was a virus that hit all countries in the world which caused the economy to decline. The corona virus (Covid-19) pandemic is still causing ongoing problems. Various sectors have also been affected by this outbreak, including Sharia Microfinance Institutions (IKMS). This research aims to test whether there are differences in the Health Level of Sharia Microfinance Institutions at KSPPS BMT SM NU Kramat Tegal before and during the Covid 19 Pandemic. The population of this research is KSPPS BMT SM NU Kramat. The research was tested using the independent sample t-test. The results of this research show that there are significant differences in NPL, LDR, ROA and CAR at KSPPS BMT SM NU Kramat before and during the Covid 19 pandemic. Meanwhile for GCG and NIM there are no significant differences at KSPPS BMT SM NU Kramat before and during the pandemic covid 19.

Socio-Economic Conditions of the Arabian Peninsula Before Islam

The aim of this research is to analyze the Socio-Economic Conditions of the Arabian Peninsula Before Islam. This type of research is qualitative. The data sources used secondary data from books and scientific articles. The data analysis technique was by using qualitative data analysis techniques. The Arabian peninsula's economy relies on trade and agriculture. Their expertise in trading cannot be separated from the location of their region, which is very strategic in international trade routes. It's just that before Islam came, the people of the Arabian peninsula, especially in business transactions, were still steeped in the practice of usury.

Microfinance from the Perspective of Islamic Economics and its Importance for Afghanistan

In Afghanistan, Islamic microfinance stands as a pivotal solution in combating poverty and fostering socio-economic development. This integral financial mechanism extends essential financial services and modest loans to economically vulnerable segments and small enterprises. Its multifaceted approach incorporates diverse strategies including profit-sharing partnerships like Musharakah, Mudaraba, Muzarah, and Musaqah, as well as sale and debt-based contracts such as Murabaha, Salam, Ijarah, deferred and installment payment contracts, Istisna'a, and Tawarruq. Moreover, it integrates righteousness and charity-based models such as Qard-al-hassan, Zakat, Waqf, Hiba, Takaful, and Wasyyah.
 Setting itself apart from traditional microfinance, Islamic microfinance staunchly opposes usurious practices and deceit, prioritizing Islamic principles that emphasize moral virtues like honesty and sincerity in individuals. These ethical benchmarks, deeply rooted in Islamic jurisprudence, are considered fundamental across various domains, spanning from economic affairs to matters of governance.

The The Phohibition of Usury and its Implications for the Economy

Usury is an important topic in the study of Islamic economics. The practice of usury that have existed since the days of Jahiliyah even long before and still exist today. The legal basis for the prohibition of usury explicitly and clearly described in QS. al-Baqarah/2:275-276. The purpose of this study is to determine the form of the prohibition of usury as described in the Qur’an and its implications for the community’s economy. This research uses qualitative research with library reseacrh method as a method to collect various relevant data with tafsir tahlili data analysis technique. The results show that the prohibition of usury has gone through several long legal stages until it is determined as a forbidden act. Usury, interest and buying and selling each have their own meaning and cannot be equated. Allah will forgive the sin of the usurer as long as he truly repents and leaves the act. Usury has implications for various sectors of human life, especially in the economic sector such as not increasing wealth, econommic inequality, a form of family economic colonization, disconnection of the productive economic sector (trande, industry and companies) and the emergence of inflation.

Analisa Instrumen Keuangan Perbankan Syariah Studi Kasus PT Bank Tabungan Negara. Tbk

Islamic financial institutions use an accounting system that is different from conventional accounting. The basis of sharia banking accounting follows the principles of Islamic economics which include the prohibition of interest or what is often called usury (including other usurious practices), then the prohibition of investment in businesses that are considered haram, as well as encouraging fair wealth and economic growth.

Peran BMT Syari’ah Jaya Abadi dalam Peningkatan Pendapatan Usaha Mikro di Kecamatan Giri Mulya Kabuapaten Bengkulu Utara

The purpose of this study 1) to determine the role of BMT Syari'ah Jaya Abadi in increasing micro business income in Giri Mulya District, North Bengkulu Regency. 2) To find out what are the obstacles of BMT Syari'ah Jaya Abadi in increasing micro business income in Giri Mulya District, North Bengkulu Regency. The approach used in this research is non-participant qualitative and descriptive analysis method. Data was collected through direct explanations from the head of BMT Syari'ah Jaya Abadi, Managers and Customers of Syari'ah Jaya Abadi as the unit of analysis for this research. The results of this study indicate that 1) The role of BMT Syari'ah Jaya Abadi, Giri Mulya District, North Bengkulu Regency, namely first, fostering an entrepreneurial spirit in the community. Second, being able to suppress the practice of usury in the midst of society. Third, improve people's welfare. 2) The obstacles to BMT Syari'ah Jaya Abadi, Giri Mulya District, North Bengkulu Regency, namely the delay in returning customers' capital money and the large number of customers who have not been able to manage their finances.

Zakat menjadi Instrumen dalam Mewujudkan Stabilitas Perekonomian

Zakat that is managed properly and professionally will support the formation of economic conditions that grow with equity, increase productivity accompanied by equal distribution of income and increase employment for the community. Potential as a source of spending in Muslim communities, a source of funds to overcome various kinds of social costs caused by human relations, and able to build economic growth as well as the inclusion of income economic growth with equity. This will indirectly prevent usury practices, create economic cooperation, and social security, and most importantly can lift the economy of weak people which has an impact on maintaining economic stability. This is where the importance of the role of the state in the management of zakat lies, so that economic, social, and educational functions in Zakat obligations can be realized.

Teaching Moral Ethics through Sermons: A Case Study on Gregory of Nyssa

This article studies six sermons related to proper social behavior from a Christian perspective by fourth-century theologian Gregory of Nyssa. A brief comment on the dating and the context of the sermons is given before the different themes discussed in the different liturgical seasons are analyzed, and then the content of each of these sermons is explored in some depth. Following this, an analysis of the persuasive and instructive styles in these sermons is made, underlining the different ways the bishop exhorts his people according to the matters at hand. When discussing issues that set a bad example, such as the practice of usury and the rejection of correction, the language used is very harsh; in other cases, the tone is softer, such as when it comes to deciding whether one should postpone his baptism or not or how one should behave vis-à-vis the more needy in society; when dealing with sensitive issues like fornication, given the natural human weakness in this aspect, the language is much more pastoral. Finally, a comment on the narratives used concludes the study.

Pandangan Pemikir Ekonomi Islam Mengenai Riba Perspektif Al-Ghazali dan Al-Maududi

The existence of usury is a practice that is strictly prohibited, especially in economic activities. The prohibition is not without reason, but there are many negative impacts that will arise from the practice of usury which has been clearly explained in the Qur'an regarding its prohibition. The purpose of this study is to find out and present the concept of economic thought put forward by Imam Al-Ghazali and Abu A'la Al-Maududi, especially regarding the views of each figure on the practice of usury. The method used in this research is by studying literature obtained from various books and journals. Al-Ghazali's view of usury is that usury is a form of deviation from the function of money which should only be used as a medium of exchange, not as a commodity that can be traded. As for Al-Maududi's view that in order to realize an Islamic economy, all forms of usury practices must be eliminated. Both figures have the same view that the practice of usury is a form of human moral decline in the form of excessive greed and love of wealth so that they do not care about other humans.

Hijrah and changing religious preferences in contemporary Islamic legal practice

This research examines how urban Muslim communities in Purwokerto understand and practice religion in the area of muamalah (social relationships between people). Religious practice in urban Muslim communities is different from other religious communities. The intersection between the reality of modernity, Islamicity, and identity provides a model for distinguishing contemporary Muslim religious practices. This study is based on field research employing a phenomenological approach. Participatory observation was used to collect data from two mosques in Purwokerto City: the General Soedirman Grand Mosque and the Gelora Indah Mosque. Both mosques serve as the hub of religious discourse for Purwokerto's urban Muslim community, and they host a variety of religious studies on a regular basis. In-depth interviews were performed with worshippers from the two mosques by the researchers. Secondary data is derived from studies, journals, books, and other sources. This article concludes that urban Muslim identity is manifested in the shift away from usury practices and the choice of halal products. Studies in urban mosques and social media cannot isolate the rhetoric from the social formation of urban Muslims. In this environment, hijrah (shifting paradigm) has emerged as one of the trends that give rise to new nuances and views of any Islamic legal concept that is an annotated version of older works. Because of these shifts in preferences, the discipline of Islamic law, particularly fiqh muamalah, has become one of the most important areas for the expression of religious experience in the lives of urban Muslims

RIBA DALAM PANDANGAN AL-QUR’AN DAN HADIST

Riba, as the practice of adding or taking additional money in money lending transactions, is an important concern in Islamic law. In the Al-Qur'an and Hadith, usury is expressly prohibited and is considered a major sin that must be avoided by Muslims. The background to this problem involves historical aspects, where the practice of usury became a concern at the time of the Prophet Muhammad SAW and required decisive action. The practice of usury violates the principles of justice and can reinforce social inequalities and economic imbalances. In the era of the modern financial system, the practice of usury also affects the global financial sector, presenting a dilemma for Muslims who want to implement Islamic economic principles. Therefore, a deep understanding of the views of the Qur'an and Hadith regarding usury is important in developing an economic system that is just and in accordance with Islamic teachings. This study aims to analyze the prohibition of usury in the Qur'an and Hadith and its implications in the context of Islamic economics. Through a detailed analysis of relevant verses of the Qur'an and hadiths, a deep understanding of the concept of usury, its impact on society, and applicable Islamic economic alternatives is presented. Thus, this research provides a better understanding of usury in the view of the Qur'an and Hadith, so that it can encourage critical thinking and concrete solutions in carrying out economic activities in accordance with Islamic teachings.Keywords : Riba, Al-quran, Hadits.

Prohibition of Usury in the Perspective of Hadith and its Implementation in the Monetary System in Indonesia

. The uncompromising emphasis of usury on socioeconomic justice and equitable distribution of income and wealth. From this it is very clear, that with the interest system, the distribution of money will not be evenly distributed, there is no justice, who can enjoy only those who have large capital, while those who are weak in terms of capital, will be downtrodden, out of business which in turn will increase the statistics of the poor. The Prophet in the hadith described above expressly prohibits eating usury, because it is included in the seven major sins that are cursed and destroyed by Allah SWT. Usury is Ziyadah or an addition to a loan that is already due. The practice of usury in the capitalist economic system is one of the sources of the economic crisis in this world. Indonesia recognizes the existence of dual banking systems in the monetary system, namely an interest-free Islamic banking system and a conventional banking system with an interest system.

Praktik Jual Beli Emas Anggota Majelis Ta'lim Al-Hijrah Gunung Binjai Balikpapan

Islam groups gold and silver as usury objects. Consequently, the exchange (buying and selling) of such objects must pay attention to the provisions that have been outlined by Shari'a so as not to fall into the practice of usury. Therefore, there are special rules in the gold and silver business. The purpose of this study is to find out the practice of buying and selling gold for members of Majelis Ta'lim Al-Hijrah of Gunung Binjai, and also to find out how the practice is from the perspective of Islamic law.
 This type of research is a field research that uses a descriptive qualitative analysis pattern through a phenomenological approach. The researcher chose to use this approach because through this approach the researcher tried to bring out reality naturally through provocation questions, then the research subject was left to describe all kinds of dimensions of his experience based on the phenomena that occurred.
 The results of this study are that there are two methods used by members of MT al-Hijrah to trade the gold. First, the cash method (cash) at the gold shop. Second, the arisan method. The two methods used are in accordance with the Shari'ah, because they meet the legal requirements of the gold trade contract. There are two purposes of the gold transaction, namely as savings (investment) and used for jewelry.

Financial System Stabilization in Islamic Economics Perspective

The purpose of this study is to find a picture of a stable financial system from the perspective of the Islamic economy. This type of research is literature research with qualitative methods using normative, historical, and phenomenological approaches. The normative approach is used to explain the concepts of Islamic economics. The historical approach is used to explain the chronology of the use of the current financial system. The phenomenological approach explains contemporary events related to the research topic. The data is taken from a wide variety of literature, such as the Qur'an, al-Hadith, and many articles from national and international reputational journals related to this research topic. Researchers used more than 50 articles from Scopus quartile indexed journals 1 to 4 in the last five years. The collected data are analyzed by a deductive method, that is, the process of data analysis of the general opinion of Islamic teachings that have been agreed upon by the majority of people and then narrowed down to a specific idea of the stability of the financial system in Islam. The results of this study were found due to the instability of the current financial system because it uses the concept of usury (in Arabic, usury). In contrast, usury in Islamic economics is legally haram. Therefore, the way to stabilize the financial system from an Islamic economic perspective is to use gold and silver currency standards, abolish the practice of usury, and supervise the turnover of money in society by the hisbah. This research can add to the academic discourse of Islamic economics.

Aktualisasi Falsafah Ekonomi Islam Sebagai Soko Dalam Membangun Kesejahteraan

Islamic economic theory is not a new theory that is derived to underlie the existing economy. Historically, Islamic thinkers are the founders of all branches of knowledge, including economics. This is recognized by Islamic economists that since 367-322 BC they read a lot of Aristotle's works as a philosopher who wrote a lot about economics, but Islamic economists think about economics based on the Al-Quran and al-Hadith. This study aims to explore the basic thoughts and reflections on the philosophy of Islamic economics which is oriented towards raising the welfare of mankind which avoids usury practices that are contrary to the mission of the Koran and al-Hadith concerning the economy, as a basis for bringing up human welfare that is clean from usury practices.