To see the other types of publications on this topic, follow the link: Contrat istisnā’.
Journal articles on the topic 'Contrat istisnā’'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 38 journal articles for your research on the topic 'Contrat istisnā’.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Sa'ad, Auwal Adam, Mohammad Deen Mohd. Napiah, and Uzaimah Ibrahim. "The Structural Development of Istisna Sukuk from a Shari'ah Perspective." ICR Journal 7, no. 2 (April 15, 2016): 231–42. http://dx.doi.org/10.52282/icr.v7i2.265.
Full textAbstract:
Istisna sukuk structures have been widely accepted for manufacturing and construction financing purposes. This paper looks at the structural development of Istisna sukuk and evaluates both its basic and combination structures. Concerning the former, the paper argues that when Istisna is used for asset purchasing exercises, it should strictly comply with the general Shariah rules regarding Istisna contracts. Prices must therefore be stipulated at the beginning, as must quality and expected delivery times. The paper then highlights some conflicting features arising from the combination of Istisna and Ijarah transactions. These raise Shariah issues when the issuer seeks to lease an asset to the end user at maturity, even though the asset has been transferred to that end user by way of the Istisna contract. It is therefore recommended that the market innovates in order to develop additional structures free from this type of impediment. The study proposes a ‘multiple contract’ structure be used whenever Istisna sukuk is issued in combination with other debt and equity instruments. This will help overcome Shariah issues related to secondary markets in Istisna sukuk issuances.
2
Hasmawati, Anisza, and Azhar Mohamad. "Potential application of Istisna’ financing in Malaysia." Qualitative Research in Financial Markets 11, no. 2 (May 7, 2019): 211–26. http://dx.doi.org/10.1108/qrfm-07-2018-0083.
Full textAbstract:
Purpose This study aims to investigate the potential application of Istisna’ financing in Malaysia. Design/methodology/approach Using primary data from semi-structured interviews with 17 participants, including Islamic financial institutions (IFIs), regulatory body and property development companies, the findings of the study suggest that Istisna’ is perceived as a good contract that has unique features and the potential to be implemented in Malaysia; although, it has only been implemented a little by current businesses, mainly due to its perceived high risks. Findings The authors find there is a gap between the theory and the actual operation of IFIs in Malaysia – some salient features of an Islamic contract are actually difficult to execute in reality as there are many factors to be considered, such as default risk in Istisna’, legal issues and accounting treatment of Istisna’ contract. This study recommends the further development of Istisna’ in Malaysia due to its huge potential in the Islamic financial market there. Practical implications Istisna’ is a unique type of sale contract that is used in the manufacturing sectors where the sale of a commodity is transacted before the commodity exists. In practice, data from the Central Bank of Malaysia show that Istisna’ financing is scarce. Originality/value The study differs from previous research studies on Istisna’ – to the best of the authors’ knowledge, this is the first study to provide evidence the real thoughts of IFIs with regard on Istisna’ specifically and IFIs’ operations in general. Previous studies related to Istisna’ have limited scopes, as they have mainly explored the theoretical nature of the contract, issues of permissibility from the Shariah perspective and its comparability with other IFIs product such as Salam. In this study, from respondents’ views, the authors notice actually there is a gap between theory and the real practice of Islamic finance. An Islamic finance instrument may be an ideal choice to customers but not very popular from IFIs’ sides. In this respect, the authors add to the growing literature of Istisna’ by asking the direct questions to IFIs and the authors get honest responses pertaining to default risk, legal issues and accounting treatment.
3
Saifuddin, Ahmad Muflih, and Amrie Firmansyah. "PENERAPAN AKUNTANSI ISTISHNA PADA BANK SYARIAH BUKOPIN." Jurnal Ekonomi Syariah Teori dan Terapan 8, no. 1 (January 26, 2021): 55. http://dx.doi.org/10.20473/vol8iss20211pp55-63.
Full textAbstract:
ABSTRAKPenelitian ini bertujuan untuk mengulas penerapan pembiayaan istishna dan akuntansi istishna pada produk Istishna Bank Syariah Bukopin dengan menggunakan ketentuan PSAK 104 tentang Akuntansi Istishna. Metode kualitatif digunakan dalam penelitian ini dengan melakukan wawancara kepada informan. Wawancara dilakukan untuk mengumpulkan data dengan mendapatkan informasi terkait dengan masalah penelitian ini. Informan penelitian ini adalah staf back office Bank Syariah Bukopin Kantor Cabang Semarang yang bertanggung jawab menangani dokumen yang berkaitan dengan transaksi nasabah dan membuat pembukuannya. Penelitian ini menyimpulkan bahwa penerapan transaksi istishna dalam pembiayaan istishna Bank Syariah Bukopin telah sesuai prinsip-prinsip akad istishna yang berlaku di Indonesia. Selain itu, secara garis besar praktik akuntansi istishna pada Bank Syariah Bukopin telah sesuai dengan PSAK 104. Kata Kunci: akad transaksi, istishna, standar akuntansi. ABSTRACTThis study aims to review the implementation of istishna funding and accounting on Bank Syariah Bukopin products using the provisions of PSAK 104 concerning Istishna Accounting. Qualitative method is employed in this study by conducting interviews with the informant. An interview was conducted to collect data by obtaining information related to this research problem. This research's informant is the back-office staff of Bank Syariah Bukopin Semarang Branch Office, who is responsible for handling documents related to customer transactions and making his books. This study concludes that the implementation of istishna transactions in Islamic Bank Bukopin istishna financing is under the istishna contract principles that apply in Indonesia. Also, in general, istishna accounting practices at Bank Syariah Bukopin are under PSAK 104.Keywords: transaction contract, istishna, accounting standard.
4
Paramansyah, Arman, Izul Abdillah, and Dessy Damayanthi. "Implementasi Akad Ba’i Istishna dan Ba’i Taqsith Pada Pembiayaan Kepemilikan Rumah (Non Bank) di Perumahan Islami Indonesia." Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah 3, no. 1 (December 7, 2020): 72–87. http://dx.doi.org/10.47467/alkharaj.v3i1.189.
Full textAbstract:
This study aims to analyze the application of istishna and ba'i taqsith contracts on bankless home ownership financing and to find out the advantages of each of these contracts. This research was conducted using qualitative research with descriptive analysis method, namely research by focusing on the implementation of istishna and ba'i taqsith contracts and showing a relationship between the financing of house ownership without the bank, then conducting a description to provide a clear picture. The results of the study conclude that the istishna contract in its application, namely the mustashni/customer, pre-orders the house to be ordered from the shani/maker by stating the raw material specifications, size and payment system at the beginning of the agreement and the handover of the building will be handed over in a tough manner. In the payment system there are 2 schemes, namely: In cash and credit, in credit financing for Indonesian Islamic Housing using a ba'i taqsith agreement. Namely a sale and purchase contract with a payment in installments at a certain time and is more expensive than the cash price. Credit calculation uses a 7% margin of cash and flat prices until the end of payment, there are no penalties for late payments and if there is default, deliberations will be held for the solution. The advantages of the ba'i istishna and ba'i taqsith contracts are the advantages of the istishna contract, it can change the design desired by the consumer and the advantages of the ba'i taqsith contract, can negotiate prices, late payment is not subject to fines, the benefits are greater than the cash price, and to educate the public about sharia credit.
5
Abdullah, Muhammad Wahyuddin, and Nurul Faqiha Yasin. "IMPLEMENTATION OF ISTISHNA AND SALAM CONTRACT TO SONGKO RECCA CRAFTS." Laa Maisyir : Jurnal Ekonomi Islam 7, no. 2 (December 10, 2020): 218. http://dx.doi.org/10.24252/lamaisyir.v7i2.13388.
Full text
6
Hayati, Riris Rizky, and Noven Suprayogi. "Pengaruh Cost Of Loanable Fund, Overhead Cost, dan Risk Factor Terhadap Tingkat Margin Pembiayaan Berbasis Natural Certainty Contract di Industri Perbankan Syariah." Jurnal Ekonomi Syariah Teori dan Terapan 2, no. 5 (December 4, 2015): 441. http://dx.doi.org/10.20473/vol2iss20155pp441-458.
Full textAbstract:
The purpose of this study is to find out which of the three component parts were cost of loanable funds, overhead costs and risk factors that have a significant effect in determining the margin rate of natural certainty contracts-based financing in Islamic banking industry. This study uses two natural certainty contracts financing agreement, which is murabaha and istisnaa. This study uses a quantitative approach. The statistical tool used is multiple regression time series. The sample used is the Islamic Banks and Sharia Business Unit which data summarized in statistical reports of Islamic banking. The research period is 2009-2013 years. The results of this study is all three rate component simultaneously affect margin rate of murabaha and margin rate of istisnaa. Partial test results were variable risk factors significantly affect the margin rate of murabaha, and variable overhead costs significantly affect the margin rate of istisnaa
7
Akintan, Ismaila, Mohammad Dabiri, and Jubril Salaudeen. "A LITERATURE REVIEW ON ISLAMIC FINANCE MODES AS AN ALTERNATIVE APPROACH TO FINANCE THE BUSINESS MODEL OF A CIRCULAR ECONOMY." International Research Journal of Shariah, Muamalat and Islam 3, no. 8 (September 1, 2021): 31–48. http://dx.doi.org/10.35631/irjsmi.38003.
Full textAbstract:
This study explores how Islamic Finance Modes can provide alternative sources of financing business models in a circular economy. A comparative analysis of the Islamic Finance Modes such as Musharakah, (Equity Sharing), (Mudarabah), (Silent partnership), Forward sale (Salam), Manufacturing Financing (Istisna), Leasing (Ijarah), Sukuk (Investment Certificate), Qard Hassan (Beneficence Loans), Wakalah, (Agency contract) Kafalah (Suretyship Contract), and Ju’ala (Service Agency) were undertaken in relation to its suitability as a source of financing businesses in a circular economy. This study relies heavily on secondary data through literature reviews and research works of authors and researchers on Islamic Finance and Circular Economy. The study concludes that Ijarah, Sukuk, Qard Hassan, Istisna, Musharakah, Mudarabah, Wakalah, Kafalah, and Ju’ala financing modes are essential for providing alternative solutions to financing challenges confronting business models such as balance sheet extension, working capital, and increased credit risk in a circular economy. This paper recommends that Islamic Banks should review and redesign their products and services in order to cater for financing businesses in a circular economy and also support them by providing professional services in analyzing the creditworthiness of companies and viability of projects.
8
Maulidha, Erina, and Asrul Aminulloh. "Perekayasaan Akuntansi Istishna’ Pada Produk Pembiayaan Apartemen." JURNAL AKUNTANSI DAN KEUANGAN ISLAM 1, no. 1 (June 18, 2019): 79–101. http://dx.doi.org/10.35836/jakis.v1i1.58.
Full textAbstract:
Adoption of PSAK 104 on Accounting Istishna, creating an obstacle for Islamic banks.Plus the difficulty of implementing the contract istishna itself in the banking business.PSAK related more appropriately applied to the real sector companies engaged insteadof banking services. This study aims to determine the constraints and associated engineering analysis accounting istishna ‘apartment on financial products in Islamic banks.The research method used is descriptive qualitative field research. Analysis was used tocompare the conditions obtained in the field by the recognition of regulated accountingunder PSAK 104 and the legislation in force. Based on the analysis, there are severalobstacles that arise in the application of financing istishna, which is related to information technology, human resources and the prevalence of apartment construction businessin Indonesia in the implementation of accounting standards. Consequently, in practice,Islamic banks have not fully adopted PSAK 104, especially in terms of disbursement offunds to the developer, the recognition of revenue on accrual basis and cash basis, andmargin recognition in installments during construction by the customer.
9
Suhendar, Muh. "PENERAPAN HYBRID CONTRACT PADA LETTER OF CREDIT." AKSY: Jurnal Ilmu Akuntansi dan Bisnis Syariah 2, no. 1 (February 28, 2020): 111–22. http://dx.doi.org/10.15575/aksy.v2i1.7865.
Full textAbstract:
Keberadaan letter of credit yang benar-benar sesuai dengan syariah Prinsip-prinsip syariah telah ditunggu oleh para pengusaha muslim yang ingin menjalankan nilai-nilai agama mereka di sepanjang hidup mereka. L/C konvensional dipertimbangkan seperti pada L/ syariah karena praktiknya masih menerapkan sistem bunga. Itu Peraturan L / C Syariah telah ada dalam UU No. 21/2008 tentang Perbankan Syariah, dalam pasal 19 hal, dan jauh sebelum undang-undang dibuat, undang-undang tersebut keberadaan L/C Syariah telah disebutkan dalam Fatwa Dewan Syariah MUI Nasional No. 34/DSN-MUI/IX/2002 tentang L/C Impor Syariah dan Fatwa Dewan Syariah Nasional MUI No. 35/DSN-MUI/IX/2002 tentang L/C Ekspor Syariah. L/C Syariah dapat menerapkan beberapa model akad kontrak,seperti: wakalah bi al-ujrah, qard, murabahah, salam/istisna’, musyarakah, hawalah dan al-bai. Dari berbagai kontrak model yang dapat diaplikasikan ke L/C Syariah, wakalah bi al-ujrah dan murabahah dianggap sebagai yang paling efisien, paling aman, dan paling minimum berisiko. Kata kunci: Letter of Credit, Hybrid contract, wakalah bil ujrah
10
Felix, Rega, and Lastuti Abubakar. "Application of Al-Ijarah Al-Maushufah Fi Al-Dzimmah for Infrastructure Project Financing in Indonesia." Yuridika 35, no. 1 (October 21, 2019): 129. http://dx.doi.org/10.20473/ydk.v35i1.9021.
Full textAbstract:
Islamic bank has a huge potential to involve in large project financing such as infrastructure. The demand for infrastructure provision in Indonesia is growing rapidly, so the Islamic bank should become one of the financial institutions for a financing infrastructure project. One of the products of Islamic bank is lease based contract or ijarah. In 2016, the Indonesian Islamic Scholars Council (MUI) enacted Fatwa that allowed ijarah contract for a forward obligation or called al-ijarah al-maushufah fi al-dzimmah (IMFD). IMFD has some characteristics that equitable for infrastructure project needs, such as for long term financing. The main issues in this research are to drawn a model for infrastructure project financing by applying IMFD and observe the readiness of Indonesian regulation to support the implementation of IMFD on infrastructure project financing. The type of research is the normative study, and the approach of this research having four methods approach among others are statute approach, conceptual approach, cases approach, and comparative approach. The results of this research are model for infrastructure project financing by applying IMFD is by combining musharakah-istishna’-ijarah (IMFD) and regulation in Indonesia is not ready enough to support the implementation of IMFD on infrastructure project financing because combination of three contracts like musharakah-istishna’-IMFD, implementation of liquidated damages in istishna’ contract, and allowance IMFD in infrastructure project are not regulated in Indonesia.
11
Nasution, Chairuni. "Overview of Indonesian Law in the Purchase Transaction of Home Ownership Credit (KPR)." International Journal of Research and Review 8, no. 5 (May 21, 2021): 286–91. http://dx.doi.org/10.52403/ijrr.20210536.
Full textAbstract:
Home is a basic need that is very important for everyone. However, some people still do not own their own homes. The contributing factor is the high cash price of the house. Therefore, the government through the minister of public housing created a Home Ownership Credit (KPR) program. This KPR program is aimed at low-income people, which is called subsidized KPR. the number of banks implementing the KPR purchase program. This thesis research concerns the KPR transaction system carried out by BTN Syariah North Sumatra and a review of Islamic law on the KPR transaction system at BTN Syariah North Sumatra. This type of research uses normative legal research with a conceptual approach to understanding the KPR BTN Syariah transaction system that uses Islamic principles. The results and discussion of this research are the KPR transaction system carried out by BTN Syariah using the murabahah and istishna sale and purchase contracts. A legal review in Indonesia of this sale and purchase agreement is with 3 approaches consisting of the review of the terms of sale and purchase, the legal terms of sale and purchase, and the terms of buying and selling credit. For the Istishna contract, BTN Syariah cannot use this contract because BTN Syariah is not a producer but a trader. In conclusion, the KPR transaction scheme carried out by BTN Syariah is not essentially a sale and purchase of murabahah or istishna, but of accounts payable / qardh. Keywords: Indonesian law, mortgage, legal relief.
12
Pekerti, Retno Dyah, Eva Faridah, Missi Hikmatyar, and Irfan Faris Rudiana. "Implementasi Akad Istishna (PSAK Syariah 104) dalam Transaksi Jual Beli Online." AKTSAR: Jurnal Akuntansi Syariah 4, no. 1 (June 29, 2021): 19. http://dx.doi.org/10.21043/aktsar.v4i1.8562.
Full textAbstract:
Online buying and selling transactions are growing rapidly, from an Islamic perspective, they fall into the jurisprudence muamalah category of business or commerce. In Islam, there are rules governing buying and selling transactions that must be carried out by the seller and the buyer. This research is to explore the pillars and requirements for online buying and selling transactions and the implementation of the Istishna contract which refers to the Islamic PSAK 104 in online transactions. A qualitative method with case study research conducted in Tasikmalaya was chosen as the method in this research. The informants in the research are business people, consumers, academics, and ustadz. The results show that business people generally know about the pillars and requirements for online buying and selling transactions from an Islamic perspective. The Istishna contract has been carried out by business people with the term pre-order, business people do not know and apply the Sharia PSAK 104. The research can be a reference for business people, academics, and input for regulators and the public.
13
Riduwan, Riduwan, and Gita Danupranata. "Risk Analysis of Sharia Bank Financing Contract." Ihtifaz: Journal of Islamic Economics, Finance, and Banking 3, no. 1 (June 23, 2020): 1. http://dx.doi.org/10.12928/ijiefb.v3i1.1943.
Full textAbstract:
Non-Performing Financing (NPF) is the inability of customers to meet their obligations in accordance with the contract, which can be categorized into three types namely substandard, doubtful and bad debt (macet). NPF is the main and biggest risk for sharia banks, hence the ability of sharia banks to identify, measure, monitor and control the risks of financing and capital provision is very important. Sharia banks will face greater risks than conventional banks because of the risk of sharia reputation. Besides being influenced by internal and external factors of sharia banks, NPF can also be influenced by the financing contract (akad) used.This study analyzes the level of financing risk based on the contract. The population and sample are all Sharia Rural Banks in Indonesia with 167 secondary data in the form of the publication of financial statements for 2011-2018. Analysis of the data using quantitative descriptive methods with a survey approach. The analyzed data are NPF data based on an eight year financing contract. This study managed to obtain data that the BPRS is more interested in financing with certainty of results, proven that murabahah has the highest outstanding compared to other contract. The results of this study also indicate that the low risk contract is in the murabahah contract, while the contract with the medium risk is in the mudarabah, musyarakah, multijasa, qard and istisna and the contract with the highest risk is salam and ijarah contract.
14
Rochman, Arif, Dharu Triasih, and Agus Saiful Abib. "Tinjauan Hukum Islam Terhadap Sistem Transaksi Kredit Pemilikan Rumah (KPR) Di Bank Tabungan Negara Syariah (BTN Syariah) Semarang." Hukum dan Masyarakat Madani 7, no. 3 (June 22, 2019): 167. http://dx.doi.org/10.26623/humani.v7i3.1425.
Full textAbstract:
<p>Rumah adalah kebutuhan dasar yang sangat penting bagi setiap orang. namun sebagian orang masih belum memiliki rumah sendiri. Faktor penyebabnya adalah mahalnya harga tunai rumah. Oleh karena itu pemerintah melalui menteri perumahan rakyat membuat program Kredit Pemilikan Rumah (KPR). Program KPR ini ditujukan untuk masyarakat berpenghasilan rendah yang disebut KPR subsidi. Salah satu bank yang menjadi pelaksana program tersebut yaitu Bank Tabungan Negara Syariah (BTN Syariah). Penelitian skripsi ini mengenai sistem transaksi KPR yang dilakukan oleh BTN Syariah Semarang dan tinjauan hukum Islam terhadap sistem transaksi KPR di BTN Syariah Semarang. Jenis penelitian ini menggunakan penelitian hukum normatif dengan pendekatan konseptual agar dapat memahami sistem transaksi KPR BTN Syariah yang menggunakan prinsip Islam. Hasil dan pembahasan penelitian ini yaitu sistem transaksi KPR yang dilakukan BTN Syariah menggunakan akad jual beli <em>murabahah </em>dan <em>istishna</em>. Tinjauan hukum Islam terhadap Akad <em>murabahah </em>yaitu dengan 3 pendekatan yang terdiri dari ditinjau dari rukun jual beli, syarat sah jual beli serta syarat jual beli kredit. Untuk akad <em>Istishna</em>, BTN Syariah tidak bisa menggunakan akad ini karena BTN Syariah bukanlah produsen melainkan <em>trader</em>. Simpulannya skema transaksi KPR yang dilakukan BTN Syaraih hakekatnya bukan jual beli <em>murabahah </em>atau <em>istishna</em>, tetapi hutang piutang / <em>qardh</em>.</p><div class="WordSection1"><p><em>Home is a basic need that is very important for everyone. but some people still do not have their own home. The factor is the high cost of house cash. Therefore, the government through the minister of public housing makes the program of Housing Loans (KPR). The mortgage program is aimed at low-income communities called subsidized KPR. One of the banks that became the implementer of the program is the State Savings Bank Syariah (BTN Syariah). This thesis research about mortgage transaction system conducted by BTN Syariah Semarang and review of Islamic law to mortgage transaction system in BTN Syariah Semarang. This type of research uses normative legal research with a conceptual approach in order to understand the transaction system of KPR BTN Syariah using Islamic principles. Results and discussion of this research is a system of mortgage transactions conducted BTN Syariah using the sale and purchase agreement murabaha and istishna. Review of Islamic Law against Murabahah Akad that is with 3 approach consisting of observed from rukun jual beli, legal condition of sale and purchase and condition of sale and purchase credit. For Istishna contract, BTN Syariah can not use this contract because BTN Syariah is not a producer but trader. The conclusion of the scheme of mortgage transactions conducted by BTN Syaraih is not the sale and purchase of murabahah or istishna, but the accounts payable / qardh.</em></p></div>
15
Rochman, Arif, Dharu Triasih, and Agus Saiful Abib. "TINJAUAN HUKUM ISLAM TERHADAP SISTEM TRANSAKSI KREDIT PEMILIKAN RUMAH (KPR) DI BANK TABUNGAN NEGARA SYARIAH (BTN SYARIAH) SEMARANG." Hukum dan Masyarakat Madani 7, no. 3 (December 18, 2017): 167. http://dx.doi.org/10.26623/humani.v7i3.1029.
Full textAbstract:
<p>Rumah adalah kebutuhan dasar yang sangat penting bagi setiap orang. namun sebagian orang masih belum memiliki rumah sendiri. Faktor penyebabnya adalah mahalnya harga tunai rumah. Oleh karena itu pemerintah melalui menteri perumahan rakyat membuat program Kredit Pemilikan Rumah (KPR). Program KPR ini ditujukan untuk masyarakat berpenghasilan rendah yang disebut KPR subsidi. Salah satu bank yang menjadi pelaksana program tersebut yaitu Bank Tabungan Negara Syariah (BTN Syariah). Penelitian skripsi ini mengenai sistem transaksi KPR yang dilakukan oleh BTN Syariah Semarang dan tinjauan hukum Islam terhadap sistem transaksi KPR di BTN Syariah Semarang. Jenis penelitian ini menggunakan penelitian hukum normatif dengan pendekatan konseptual agar dapat memahami sistem transaksi KPR BTN Syariah yang menggunakan prinsip Islam. Hasil dan pembahasan penelitian ini yaitu sistem transaksi KPR yang dilakukan BTN Syariah menggunakan akad jual beli <em>murabahah </em>dan <em>istishna</em>. Tinjauan hukum Islam terhadap Akad <em>murabahah </em>yaitu dengan 3 pendekatan yang terdiri dari ditinjau dari rukun jual beli, syarat sah jual beli serta syarat jual beli kredit. Untuk akad <em>Istishna</em>, BTN Syariah tidak bisa menggunakan akad ini karena BTN Syariah bukanlah produsen melainkan <em>trader</em>. Simpulannya skema transaksi KPR yang dilakukan BTN Syaraih hakekatnya bukan jual beli <em>murabahah </em>atau <em>istishna</em>, tetapi hutang piutang / <em>qardh</em>.</p><p> </p><div class="WordSection1"><p><em>Home is a basic need that is very important for everyone. but some people still do not have their own home. The factor is the high cost of house cash. Therefore, the government through the minister of public housing makes the program of Housing Loans (KPR). The mortgage program is aimed at low-income communities called subsidized KPR. One of the banks that became the implementer of the program is the State Savings Bank Syariah (BTN Syariah). This thesis research about mortgage transaction system conducted by BTN Syariah Semarang and review of Islamic law to mortgage transaction system in BTN Syariah Semarang. This type of research uses normative legal research with a conceptual approach in order to understand the transaction system of KPR BTN Syariah using Islamic principles. Results and discussion of this research is a system of mortgage transactions conducted BTN Syariah using the sale and purchase agreement murabaha and istishna. Review of Islamic Law against Murabahah Akad that is with 3 approach consisting of observed from rukun jual beli, legal condition of sale and purchase and condition of sale and purchase credit. For Istishna contract, BTN Syariah</em></p></div><p> </p><p> </p><p> </p><p> </p><p><em>can not use this contract because BTN Syariah is not a producer but trader. The conclusion of the scheme of mortgage transactions conducted by BTN Syaraih is not the sale and purchase of murabahah or istishna, but the accounts payable / qardh.</em></p>
16
Moh. Mukhsinin Syu'aibi and Ifdlolul Maghfur. "IMPLEMENTASI JUAL BELI AKAD ISTISHNA’ DIKONVEKSI DUTA COLLECTION’S YAYASAN DARUT TAQWA SENGONAGUNG." MALIA (TERAKREDITASI) 11, no. 1 (December 3, 2019): 139–50. http://dx.doi.org/10.35891/ml.v11i1.1794.
Full textAbstract:
Buying and selling istishna', namely buying and selling by order, in fiqh is often referred to as buying and selling goods whose goods do not yet exist or are still in process. Buying and selling clothes at the Duta Collection’s Foundation, Darut Taqwa Sengonagung Foundation is done by order (istishna’). Buying and selling transactions certainly involve two or more people to carry out the transaction, it is possible that one of the parties has committed a violation or not.
The problem in this research is how to resolve it when there is a mismatch of goods that have become ready in the practice of istishna contract 'at the Ambassador Collection of Darut Taqwa Sengonagung Foundation. This type of research method used is qualitative research field (field research) that is descriptive analytic. Data collection techniques were carried out with documentation and interviews with several people, resource persons, 4 speakers from the makers or employees of convection and 2 speakers from the customer. The results in this study indicate that: First, the practice of buying and selling clothing at Duta Collection's already has ways to resolve when material errors occur the convection lowers the selling price to the customer. Secondly, in the analysis of Islamic law, Duta Collection's convection is in accordance with sharia law meaning that when there is an error from the convection party and the consumer feels that it is not according to the order it has been agreed that there is a price reduction or the goods will be replaced with the order.
17
Ardhinata, Ahliwan, and Sunan Fanani. "Keridhaan (Antaradhin) Dalam Jual Beli Online (Studi Kasus UD. Kuntajaya Kabupaten Gresik)." Jurnal Ekonomi Syariah Teori dan Terapan 2, no. 1 (December 1, 2015): 47. http://dx.doi.org/10.20473/vol2iss20151pp47-60.
Full textAbstract:
The purpose of this study was to determine whether the implementation of the sale and purchase agreement online istishna applied by Mr. H. Fiter Kuntajaya there has been no good pleasure.The research method used is a qualitative approach with descriptive case study. The case study is a qualitative research trying to find meaning, to investigate the process and gain a deep insight and understanding of individual, group, or situation. Data collection was conducted by interviewing informants in this study is the owner of UD. KUNTAJAYA. In addition, interviews were also conducted with several other informants as a consumer as a process of triangulation.The result is the application of the sale and purchase agreement online istishna based in accordance with the rules of Islamic purchase made by H. Fiter Kuntajaya against consumers it did not affect the consumer to fully understand the applicable contract. However, the implementation of online trading Fiter H. Kuntajaya implement trading system in accordance with the rules of Islamic jurisprudence purchase turned out to fruition in the form of the pleasure of the consumers, so that consumers who had dealings with H. Fiter Kuntayaja feel comfortable, satisfied and loyalty arise in transaction.
18
Buhari, Taufiq. "Praktik Akad Istishna' Paralel dalam Jual Beli Rumah di PT. Berkah Rangga Sakti Kecamatan." Al-Insyiroh: Jurnal Studi Keislaman 7, no. 1 (March 16, 2021): 58–75. http://dx.doi.org/10.35309/alinsyiroh.v7i1.4220.
Full textAbstract:
Today the need for a place to live is a factor in the community to meet their daily needs, even though they do not have enough money, people are competing to own a house, so that many people get a place to live by paying in installments with various systems in their respective places of residence. Application of a parallel istishna 'contract in buying and selling houses in a company PT. Berkah Rangga Sakti, which is engaged in selling houses, has met the requirements and principles that apply in the shari'ah economy. But in the financing of PT. Berkah Rangga Sakti did not use a Syari'ah Bank but a conventional bank due to the difficulty of accessing the Syari'ah Bank, which provides home financing in the Bangkalan area.
19
Wok Mahmud, Mek. "Opinions of Contemporary Muslim Jurists on the Registration of Marriages." Journal of Islam in Asia (E-ISSN: 2289-8077) 8 (February 2, 2012): 435–56. http://dx.doi.org/10.31436/jia.v8i0.256.
Full textAbstract:
Registration of marriages is one of the debatable issues among contemporary Muslim scholars. Considering the fact that it was not implemented during the Prophet’s (s.a.w) time, many scholars discuss the validity of its practice as one of Shari‘ah requirements to recognize a marriage contract. There is a need to critically analyze the opinions of contemporary Muslim scholars on the registration of marriage as a requirement for a marriage contract to be recognized and officially authenticated, as currently practiced in many Muslim countries. Adequate attention is needed to be paid to the issue of the Sharī‘ah status of marriage registration, as it has no basis among the Sharī‘ah requirements for a valid marriage contract. This paper takes into consideration ten principles of Islamic jurisprudence such as al-Qiyās, Sadd al-Dharā’i‘, al-IstiÍsān, Maqāsid al-sharī‘ah and as-Siyāsah al-Shar‘iyyah to prove that the registration of marriage cannot be regarded as alien to Islamic law.
20
Nizamov, Ramil', Guzaliya Klychova, and Albert Iskhakov. "ISLAMIC FINANCE." Vestnik of Kazan State Agrarian University 14, no. 4 (April 12, 2020): 122–27. http://dx.doi.org/10.12737/2073-0462-2020-14-4-122-127.
Full textAbstract:
Currently, an alternative to traditional finance is actively forming in the world - the Islamic financial system with its inherent financial products. In the Russian Federation, the topic of Islamic finance is being developed by the scientific and business environment at the regional level, precisely, with the involvement of working groups of international experts. In the course of the study, a analysis was made of the main provisions and characteristics of Islamic finance. Islamic finance includes financial products such as Musharaka, Mudaraba, Murabaha, Ijara, Salaam, Istisna ’and others. According to Musharak, participants in the transaction combine assets and share risks among themselves. Mudaraba, a trust management agreement, allows you to combine the entrepreneurial talent of the manager and the funds of the owner of capital. Murabaha, a resale agreement, provides an opportunity to purchase goods by installments to customers. Ijara serves as a replacement for operating leasing and is used more broadly as a lease. Salaam, an advance financing contract, is mainly used for transactions with standard property. Istisna’ contract, where the contractor, in addition to its services, uses its own material and raw materials, an investment tool for long-term projects. In order to unify the terms of Islamic financial contracts, international standards have been developed by the Organization of Accounting and Auditing of Islamic Financial Institutions (AAOIFI, Bahrain headquarters). Fiqh property relations, a section of Sharia science, is a methodological and theoretical basis for Islamic finance. The features of Islamic finance include asset-based, restrictions on funded activities and the principle of sharing risks between capital and the entrepreneur. The movement of cash flows according to Islamic economic doctrine must necessarily be supported by the movement of real goods and services. Islam prohibits financing activities harmful to society. The right to profit in Islam arises from the acceptance of risk. It was found that the constraining factors for the development of Russian Islamic financial institutions remain due to its regulation in national legislation. It is noted that Islamic finance has developed in Russia due to the presence of demand at the local and regional levels from business and the population who are actively practicing Islam. Monitoring of the Russian Islamic financial services market has shown that about ten companies offering Islamic financial services currently operate in Russia.
21
Fathoni, Nur. "ANALISIS NORMATIF-FILOSOFIS FATWA DEWAN SYARI’AH NASIONAL MAJELIS ULAMA’ INDONESIA (DSN-MUI) TENTANG TRANSAKSI JUAL BELI PADA BANK SYARI’AH." Al-Ahkam 25, no. 2 (October 24, 2015): 139. http://dx.doi.org/10.21580/ahkam.2015.25.2.596.
Full textAbstract:
DSN-MUI uses trade transactions in Islamic financial institutions in order to avoid interest rate system. Moral and legal issues had became the important thing in the formulation of trade transaction in syariah banking, since the concern about the system of interest that still exist in syariah banking’s trade transaction. This means that the trade transaction on syariah banking according to fatwa DSN-MUI still contains usury (riba). This paper intends to explore the important things about the rules and practices of trade transaction on the syariah banking according to DSN-MUI. This study concluded that DSN-MUI performs ijtihād taṭbīqī to facilitate the concept of trade operations on syariah banking. DSN-MUI’s fatwa about trade transaction appears to correspond to a normative concept of fiqh. It's just that there is ambiguity in the salam and istithnā' contract and less attention to the philosophy of trade. The trade transactions were reduced as provision of funds for purchasing of goods, with multi contract institutions. The use of supporting contracts that are not true will potentially lead to morality inconsistencies in trade transactions.
22
Muawanah, Muawanah. "ANALISIS RISIKO PADA PENGALIHAN AKAD PEMBIAYAAN DI BANK SYARIAH." Al-'`Adalah : Jurnal Syariah dan Hukum Islam 2, no. 3 (November 6, 2017): 179–92. http://dx.doi.org/10.31538/adlh.v2i3.427.
Full textAbstract:
An Indonesian country with a majority of its population embracing Islam wants a banking institution in accordance with Islamic sharia that is free from the elements of riba, maysir, and gharar, the presence of Islamic banks as a solution.Initially, Islamic banks only knew about savings or deposit products with wadiah and mudaraba contracts. Similarly, in the sector of fund disbursement, Bank Indonesia in Bank Indonesia regulations, then regulates products with mudharabah, musyarakah, murabahah, salam, istishna, ijarah, and ijarah muhtahiya bittamlik contracts. Even though the needs of the community are developing, so that an assessment is needed so that community needs can be accommodated in contracts that do not conflict with sharia principles.Murabahah contract financing is an alternative financing model in the procurement of goods. Through this murabahah financing, customers will find it easy to repay payments in the amount that is in accordance with what the bank agrees. As for the banks' footing, this murabahah financing is a contract of funds distribution quickly and easily and many applicants are compared to other contracts.
23
Aladdin, Aliev Ayaz, Mikhail Gordienko, Veronika Nekrasova, and Allahverdi Farzaliyev Javid. "Fiscal potential of the investment mechanism of Islamic Finance." E3S Web of Conferences 220 (2020): 01012. http://dx.doi.org/10.1051/e3sconf/202022001012.
Full textAbstract:
Abstract-the Research focuses on the application of Islamic Finance abroad, as well as in Russia. The authors present the history of Islamic Finance, its restrictive principles, and analyze in detail the majority of Islamic investment contract models. As such, the following were considered separately: partnership (Mudaraba, Musharaka, Agency-Wakala), acquisition (deferred payment sale-Murabaha, musavami and tawarruk, deferred delivery sale-Salam, delivery-istijrar, contract – istisnaa), lease (Ijara), credit operations (loan-Kadr, debt transfer-hawala, debt sale-Bai-al-DIN), public promise of a reward or competition (juaala), as well as financial instruments (sukuk). It is pointed out that the fiscal potential does not fully allow stimulating the use of models, and requires further development both from the point of view of tax and non-tax (quasi-fiscal) payments of the corporate sector of the state economy. The paper considers the classical model for evaluating financial assets with a tax corrector, as well as the standard approach to assessing the effect of financial leverage, which require modification in the absence of loan interest, as well as the task of stimulating economic activity in the post-quarantine period. In the final part, we describe the prospects and formulate forecasts for the application of the principles of Islamic Finance in Russia.
24
Zakariyah, Luqman. "Legal Maxims and Islamic Financial Transactions: A Case Study of Mortgage Contracts and the Dilemma for Muslims in Britain." Arab Law Quarterly 26, no. 3 (2012): 255–85. http://dx.doi.org/10.1163/15730255-12341240.
Full textAbstract:
Abstract This article aims to focus on legal maxims related to financial transactions to explore whether they offer any solutions for Muslims concerned with this dilemma, and to investigate how such legal maxims can be used to shape the way in which Muslims in the West perceive today’s mortgage issues. Some questions raised are the following. When entering a mortgage contract, does a Muslim’s intention change the ruling of the transaction under the pretext of the two maxims al-ʿumūr bi maqāṣidihā (“matters considered according to intention”) and hal al-ʿibrah fī l-ʿuqūd bi l-maqāṣid wa l-maʿanī aw bi l-alfāẓ wa l-mabānī (“in contracts, is effect given to intention and the meaning or expression and form”)? Can one be certain that mortgages are completely ḥarām (unlawful) when considering the maxim al-yaqīn lā yazūl bi l-shakk (“certainty cannot be repelled by doubt”)? What aspects of ḥarām are found in mortgages and can they be marginalized by the maxim al-ḍarūrāt tubīh al-maḥẓūrāt (“necessity makes the unlawful thing lawful”)? If Islam allows bayʿ al-istiṣnāʿ (contract for manufacture) on the basis of ʿurf (custom), can mortgages also be permitted under the maxim al-ʿādah muḥakkamah (“custom is authoritative”)?
25
Ubaidillah, Ubaidillah, and Nawawi Nawawi. "Tinjauan Istihsan terhadap Bai’ Al-Wafa’ dan Implikasi Konsistensi Bermadzhab di Baitul Maal Wa Tamwil Sidogiri Cabang Bondowoso." Istidlal: Jurnal Ekonomi dan Hukum Islam 1, no. 2 (October 2, 2017): 112–41. http://dx.doi.org/10.35316/istidlal.v1i2.103.
Full textAbstract:
The birth of the first Syaria Bank in Indonesia is PT Bank Muamalat Indonesia (BMI). However, lately many emerging syaria-based financial institutions other, cultivated syaria cooperative in the form of BMT. While the legal basis bai 'al-wafa' according Hanafi’s madhhab is istihsan. Istihsan is the turning of a mujtahid from qiyas street jaly (real) to qiyas the khafi (vague) or the turning of a mujtahid from law kulli (general) to the law istitsna`i. The result of the research shows the bai 'al-wafa agreement in BMT Sidogiri Bondowoso Branch is in accordance with the existing syariat in syaria economic theory. because it has fulfilled the terms and conditions, there are many differences among the ulama. But it can be underlined that this contract is based on the concept of mature istihsan, so it can be applied in Islamic finance institutions and the implications of consistent following this madhab is very good because it does not come out of the line Ahlussunnah Wal jama'ah which became a pillar firm for the Islamic religion.
26
Jaenudin, Jaenudin. "DINAMIKA PENERAPAN AKAD SYARIAH DALAM PRODUK KEUANGAN DI BANK SYARIAH." Asy-Syari'ah 22, no. 2 (January 13, 2021): 259–74. http://dx.doi.org/10.15575/as.v22i2.7504.
Full textAbstract:
Abstract: Sociologically, the existence of Islamic banks in Indonesia had developed since the early 1990 through a long time of workshops and bureaucratic processes until Bank Muamalat Indonesia was established as the first Islamic bank in Indonesia. The existence of Bank Muamalat Indonesia, as the first Islamic bank, has a mission to present an Islamic banking institution that is free from the interest system by replacing its operational system through Islamic principles. Normatively, the profit sharing concept used to an operational system for Islamic banks in Indonesia which has been regulated in Article 1 Number 12 of the Law of Banking Number 7 of 1992, then the dual banking system in Article 9 of the Law of Banking Number 10 of 1998, and the latest. is the application of Islamic principles in the Law of Islamic Bank Number 21 of 2008 through using six patterns: first, the deposit through the wadi'ah contract; second, borrowing through qard and qardh al-hasan contracts; third, the profit sharing scheme through mudharabah and syirkah contracts; fourth, buying and selling through murabahah, salam, and istishna' contracts; fifth, the rental scheme through ijarah and ijarah muntahiya bi al-tamlik contracts; and sixth, the services through wakalah, kafalah, hiwalah, ujr, sharf, and rahn contracts. The result of this study shows that the changes of Islamic banking regulations have implications to the dynamics of Islamic contract implementation in Islamic banking financial products in Indonesia.Abstrak: Secara sosiologis eksistensi bank syariah di Indonesia sudah berkembang sejak awal tahun 1990-an melalui serangkaian proses panjang lokakarya dan birokrasi sehingga berdiri Bank Muamalat Indonesia sebagai bank syariah pertama di Indonesia. Eksistensi Bank Muamalat Indonesia sebagai bank syariah memiliki misi untuk menghadirkan lembaga perbankan syariah yang bebas dari sistem bunga dengan mengganti sistem opersionalnya dengan prinsip-prinsip Islam. Penggunaan konsep bagi hasil sebagai sistem operasional bank syariah di Indonesia secara normatif telah diatur dalam Undang-Undang Nomor 7 Tahun 1992 tentang Perbankan pada Pasal 1 angka 12, kemudian dual banking system dalam Pasal 9 Undang-Undang Nomor 10 Tahun 1998 dan yang terkahir adalah penerapan prinsip syariah dalam Undang-Undang Nomor 21 Tahun 2008 dengan menggunakan enam pola: pertama, pola titipan melalui akad wadi’ah; kedua, pola pinjaman, melalui akad qard dan qardh al-hasan; ketiga, pola bagi hasil melalui akad mudharabah dan syirkah; keempat, pola jual beli melalui akad murabahah, salam, dan istishna’; kelima, pola sewa melalui akad ijarah dan ijarah muntahiya bi al-tamlik; keenam, pola jasa melalui akad wakalah, kafalah, hiwalah, ujr, sharf, dan rahn. Hasil penelitian ini menunjukan bahwa perubahan regulasi perbankan syariah telah berimplikasi terhadap dinamika penerapan akad syariah dalam produk keuangan bank syariah di Indonesia.
27
Amalia, Rizqi, and Khusnul Hidayah. "PENGARUH DANA PIHAK KETIGA, MARGIN KEUNTUNGAN, SERTIFIKAT WADIAH BANK INDONESIA, RETURN ON ASSET, DAN NON PERFORMING FINANCING TERHADAP PEMBIAYAAN MURABAHAH PADA BANK SYARIAH MANDIRI DAN BANK MUAMALAT INDONESIA PERIODA 2009-2013." Jurnal REKSA: Rekayasa Keuangan, Syariah dan Audit 4, no. 1 (July 4, 2018): 1. http://dx.doi.org/10.12928/j.reksa.v4i1.37.
Full textAbstract:
Islamic banks have the same functionality conventional banks as intermediaries of financial services (financial intermediary), has a fundamental duty to collect funds from the public and channeled back to the community in the form of financing facilities. Fund raising is done through savings and investments such, wadiah deposits, savings and time deposits. The distribution of funds is done with some kind of contract as, murabahah, istishna, mudharabah, musyarakah, ijarah, and salam. The purpose of this research is to determine the effect of Third party funds (DPK), profit margin, wadiah certificate of Indonesian Bank (SWBI), return on assets (ROA), and non performing financing (NPF) to murabahah financing. Object in the reserach is Bank Syariah Mandiri and Bank Muamalat Indonesia period 2009-2013. The result of analysis showed by simultan DPK, profit margin, SWBI, ROA, and NPF effect to murabahah financing. Predictive ability of the five variables to financing is 98.7% which is indicated by the amount of adjusted R2 and the rest is influenced by other variables. DPK, and ROA partially positive effect to murabahah financing. SWBI negatively affect to murabahah financing. The profit margin is not a positive influence to murabahah financing and NPF does not negative affect to murabahah financing.
28
saqib, Lutfullah, Mueen Aizaz Zafar, Khurram Khan, Kellie W. Roberts, and Aliya Mueen Zafar. "Local agricultural financing and Islamic banks: is Qard-al-Hassan a possible solution?" Journal of Islamic Accounting and Business Research 6, no. 1 (April 13, 2015): 122–47. http://dx.doi.org/10.1108/jiabr-04-2012-0018.
Full textAbstract:
Purpose – This paper aims to study Qard-al-Hasan (QH) (good loan) from the stand point of its possible application to agricultural farming with a view to augmenting the sources of Riba (interest)-free agricultural financing for Muslim farmers of Islamic countries like Pakistan. Design/methodology/approach – This paper is a study of QH (good loan) from the stand point of its possible application to agricultural farming with a view to augmenting the sources of Riba (interest)-free agricultural financing for Muslim farmers of Islamic countries like Pakistan. Findings – The study reports that Riba-free financing is essentially needed by poor Muslim farmers who, owing to prohibition of Riba, do not rely on interest (Riba)-based financing. The study also shows that QH is a viable option for fulfilling this need and is beneficial for the farmers as well as for the Islamic banks or financial institutions. Research limitations/implications – The case of QH as a potential mode of agricultural financing, as presented in this paper, is based on a theoretical or conceptual framework. The findings need to be further substantiated with empirical evidence. A future study, based on reliable empirical data would certainly add value to the subject. Originality/value – Islamic banks and financial institutions typically rely on Musharakah (partnership), Murabaha (sale with profit), Ijarah (leasing), Salam (advance payment sale), Istisna’ (manufacturing contract), etc., and they rarely use QH as a mode of financing. Despite its huge utility, QH is practically non-existent in its application as an agricultural financing instrument. This paper presents a case for QH that can be adopted by Islamic banks or financial institutions for provision of the much needed financing for the small farmers of Islamic countries, as well as those living in non-Islamic countries.
29
Maula Nasrifah. "Sukuk (Obligasi Syariah) dalam Perspektif Keuangan Islam." Asy-Syari’ah : Jurnal Hukum Islam 5, no. 2 (June 15, 2019): 165–79. http://dx.doi.org/10.36835/assyariah.v5i2.120.
Full textAbstract:
Islam strongly encourages investment so that possessions can be productive and bring benefits in the future, of course, using a good and right way, which is in accordance with Islamic sharia, like mutual respect and does not harm others. The type of investment can be varied, we can invest through the capital market, one of which is sukuk. Sukuk are securities that are proof of ownership (claim) on assets, whether in the form of tangible, intangible or project contracts from certain activities that require the issuer to pay revenue-sharing to the Sukuk holders and pay back the Sukuk in maturity date. The principle in Sukuk transactions is in the form of emphasis on fair agreements, recommendations for profit sharing systems. In Sukuk transaction, a number of certain assets are needed which to used as the basis for conducting transactions using a contract based on sharia principles. The types of Sukuk in terms of Sukuk Ijarah, Sukuk Mudharabah, Sukuk Musyarakah, Sukuk Istishna’ with the method of issuing in bookbuilding, auction methods and private placement. In sukuk transactions there is a requirement for Underlying Assets as well as activities or processes which have been based in accordance with sharia. This shows that investing with sukuk is not worrying for investors who want to transact with sharia financial institutions.
Keywords: Investing, Transaction, Sukuk
30
Halim, Sofyan. "Effect Of Financing In Sharia Business Units On Profitability And Financing Risk Management." Journal of Islamic Economics and Social Science (JIESS) 1, no. 1 (May 10, 2020): 11. http://dx.doi.org/10.22441/jiess.2020.v1i1.002.
Full textAbstract:
Financing is one of the main functions of the operations of sharia banks, including those carried out by the Syari'ah Business Unit. Funds disbursed to the Syari'ah Business Unit are carried out by means of buying and selling, namely Murabaha contracts, greetings, and istisna agreements, then by investing in mudharabah contracts and musyarakah contracts and performing rental services with ijarah contracts. Syarai'ah Banking by carrying out the financing benefits from buying and selling, obtaining profit sharing from investing and obtaining rental opinions from the ijarah contract. Thus, the three types of income will produce and affect the level of profitability depending on the financial services carried out by PerbangkanSyari'ah, including those carried out by the Syari'ah Business Unit. In carrying out the financing there is an element of risk that needs to be managed properly and professionally, so that the risk can be minimized in the sense that the amount of financing that is categorized as non-current does not negatively affect profitability, as well as risk management such as non-perfomed financing with various contracts, can be minimized along with the level of collectibility for the financing that has been channeled. The researcher will also carry out various statistical tests in this study so that in this study the results of the conclusions are positive and can be useful for anyone who has an interest in this research. The study was conducted with a quantitative method, with the conclusion that there was a positive relationship between financing with murabaha, mudharabah, musyarakah and ijarah contracts towards profitability and in general also negatively affected the NPF with the understanding that even though there was an increase in financing distribution with contracts, however, risk control over the possibility of NPF occurring can be overcome except for financing with Murabaha contracts.This research is expected to be useful for stakeholders related to this research and for future researchers to be able to improve further research.
31
Midi HS, Midi HS. "Pembelajaran Bahasa Arab dan Dinamika Wacana Bahasa: Studi Komparasi Teori Al-Sulūkiyyah dan Al-ʽAqliyyah antara Teks dan Konteks." Aphorisme: Journal of Arabic Language, Literature, and Education 1, no. 1 (April 2, 2020): 16–31. http://dx.doi.org/10.37680/aphorisme.v1i1.316.
Full textAbstract:
Learning is an aid given by educators to enable the process of acquisition of knowledge and knowledge, mastery of skills and character, as well as the formation of students' attitudes and self-confidence. Where as Arabic is a discipline that consists of various aspects of the main skills in it. The main skill aspects include listening skills (Mahārah al-Istimā '), speaking skills (Mahārah al-Kalām), reading skills (Mahārah al-qirāʼah), and writing skills (Mahārah al-Kitābah). From these definitions it can be concluded that learning Arabic is an activity of transfer of knowledge carried out by educators towards students about Arabic with all its aspects in a particular learning environment. Today there are many expert opinions related to Arabic learning theory. There are theories that seem mutually supportive of one another, there is also the opposite, contradictory. But that is the essence of theory, nothing is eternal, if there is a new theory that proves the error of the old theory then the old one will immediately be abandoned. Theory of Behaviorism (al-sulūkiyyah) and the theory of Mentalism (al-ʽaqliyyah) are theories that contradict each other or differ in perspectives in viewing language learning processes. Behaviorism theory pioneered by Skinner holds that language learning is a matter of stimulus, response, repetition, and reward. The language learning process can take place well if the response is repeated correctly. In contrast to the theory of mentalism pioneered by Noam Chomsky. This theory holds that language learning is not only a matter of stimulus, response, repetition, and reward alone. But it needs to involve a process of reason. For Chomsky, giving external stimuli and responses is impossible to determine language behavior, which is capable of taking responsibility for language behavior is only the innate ability of individual language learners.
32
Nasucha, Muhammad Najihuddin, Riazuddin Ahmed, and Galad Mohamed Barre. "Examining the Viability of Istisna for Project Financing: An Economic Perspective." International Journal of Management and Applied Research 6, no. 4 (November 1, 2019). http://dx.doi.org/10.18646/2056.64.19-019.
Full textAbstract:
The objective of this paper is to examine the viability of Istisna for project financing, with a special focus on its economic aspects and the risks associated with the said contract. This paper also aims to investigate the challenges faced by Islamic banks in adopting Istisna as a mode of project financing. This paper first provides an overview of Shariah-compliant project financing; it then discusses the characteristics of Istisna and barriers to Istisna implementation for construction and infrastructure project development. Economic and general legal considerations are key factors that influence the development of Istisna as project financing. This paper also seeks to explore ways to increase the use of Istisna.
33
Alfie, Atieq Amjadallah, and Maftuchatul Khanifah. "PEMBIAYAAN NATURAL CERTAINTY CONTRACT (NCC) DAN PEMBIAYAAN NATURAL UNCERTAINTY CONTRACT (NUC) PADA PROFITABILITAS BANK UMUM SYARIAH." IQTISAD 5, no. 2 (December 27, 2018). http://dx.doi.org/10.31942/iq.v5i2.2550.
Full textAbstract:
Abstrak Penelitian ini dilakukan dengan tujuan untuk menguji pengaruh Pembiayaan Natural Certainty Contract (NCC) dan Pembiayaan Natural Uncertainty Contract (NUC) Terhadap Profitabilitas (ROA). Sampel yang digunakan dalam penelitian ini berjumlah 24 dengan kriteria 6 Bank umum syariah yang sama, selama 4 tahun penelitian. Metode pengambilan sampel dengan menggunakan Purposive Sampling. Adapun metode analisis data yang digunakan adalah uji asumsi klasik, Analisis regresi linier berganda, dan uji t (uji parsial).Hasil dari penelitian ini menunjukan bahwa dari jenis Pembiayaan Natural Certainty Contract (NCC) yaitu variabel pembiayaan Murabahah berpengaruh positif tidak signifikan terhadap profitabilitas (ROA), Pembiayaan Ijarah berpengaruh positif tidak signifikan terhadap profitabilitas (ROA), Pembiayaan Istishna berpengaruh positif tidak signifikan terhadap profitabilitas (ROA) dan jenis Pembiayaan Natural Uncertainty Contract (NUC) yaitu Pembiayaan Mudharabah tidak berpengaruh positif dan tidak signifikan terhadap profitabilitas (ROA), sedangkan pembiayaan Musyarakah berpengaruh positif tidak signifikan terhadap profitabilitas (ROA). Kata Kunci : Profitabilitas (ROA), Murabahah, Ijarah, Istishna, Mudharabah, dan Musyarakah. Abstract This research was conducted with the aim to examine the effect of Financing of Natural Certainty Contracts (NCC) and Financing of Natural Uncertainty Contracts (NUC) on Profitability (ROA). The sample used in this study amounted to 24 with criteria 6 of the same sharia commercial bank, for 4 years of research. Sampling method using Purposive Sampling. The data analysis method used is the classic assumption test, multiple linear regression analysis, and t test (partial test).The results of this study show that from the type of Natural Certainty Contract (NCC) financing, namely Murabahah financing variable, it has a significant positive effect on profitability (ROA), Ijarah Financing has no significant positive effect on profitability (ROA), Istishna Financing has no significant positive effect on profitability ( ROA) and type of Financing Natural Uncertainty Contract (NUC), namely Mudharabah Financing does not have a positive and not significant effect on profitability (ROA), while Musyarakah financing has a positive and not significant effect on profitability (ROA). Keywords: Profitability (ROA), Murabahah, Ijarah, Istishna, Mudharabah, and Musyarakah.
34
Hayatul Millah. "Contracts (Akad) in Syari’ah Banking." Iqtishodiyah : Jurnal Ekonomi dan Bisnis Islam 5, no. 1 (January 11, 2019). http://dx.doi.org/10.36835/iqtishodiyah.v5i1.89.
Full textAbstract:
The various types of contracts applied by Islamic banks can be divided into six groups of patterns, namely; Safekeeping patterns, such as wadi’ah yad amanah and wadi’ah yad dhamamah. Loan patterns, such as qardh and qardhul hasan. Profit sharing patterns, such as Mudharabah and musyarakah. Rental patterns, such as Ijarah and Ijarah bittamlik. Buying and selling patterns, such as murabahah, salam and istishna. Other patterns, such as wakalah, kafalah, hiwalah, ujr, sharf, and rahn. There are two types of contract sharing patterns, such as Musyarakah, Mudharabah, Ijarah adn ijarah muntahiya bittamlik, and in this article will explain about those contract of four.
35
Shuib, Mohd Sollehudin, Ahmad Azam Sulaiman@Mohamad, and Mohammad Taqiuddin Mohamad. "Pembiayaan Perumahan Secara Islam Di Malaysia: Analisis Kelebihan Produk Berasaskan Musharakah Mutanaqisah Di Kuwait Finance House Malaysia Berhad (KFHMB)." Jurnal Teknologi, December 14, 2011. http://dx.doi.org/10.11113/jt.v55.83.
Full textAbstract:
Produk Pembiayaan Secara Islam telah mula berkembang pesat dalam arus industri perbankan dan kewangan pada masa ini. Keadaan ini antaranya boleh dilihat melalui pertambahan aset perbankan Islam saban tahun di samping penyertaan lebih banyak institusi yang menawarkan produk secara Islam. Produk pembiayaan perumahan Islam contohnya menampilkan pengaplikasian konsep syariah seperti Murabahah, Bay ‘Bithaman Ajil (BBA), BBA komoditi, Ijarah Thumma Bay‘, Istisna’ dan Musharakah Mutanaqisah (MM). BBA paling banyak digunakan dalam menawarkan produk pembiayaan perumahan secara Islam sementara penggunaan konsep lain seperti MM masih lagi dianggap baru. MM adalah kontrak hibrid berasaskan perkongsian dan diakhiri dengan pemilikan tunggal. Konsep ini mula diaplikasi dalam amalan perbankan di Malaysia selepas tahun 2000. Konsep berasaskan ekuiti adalah sangat digalakkan penggunaanya dalam muamalat Islam berbanding konsep berasaskan hutang seperti BBA. Justeru kajian ini akan menganalisis kelebihan yang terdapat dalam produk berasaskan konsep MM dengan tumpuan kepada produk pembiayaan perumahan yang ditawarkan Kuwait Finance House Malaysia Berhad (KFHMB). Kata kunci: Produk pembiayaan perumahan Islam; Musharakah Mutanaqisah Islamic finance products has grown rapidly in the current banking and financial industry. This situation can be seen by the increasing of Islamic banking assets each year in addition to the participation of more institutions offering Islamic products. Islamic home financing products in Islamic banks use the concepts of Murabahah, Bay ‘Bithaman Ajil (BBA), BBA commodities, Ijarah Thumma Bay ‘, Istisna’ and Musharakah Mutanaqisah (MM). BBA concept is the most mode of financing use in Islamic home financing products, while others use the concept of MM. MM is a hybrid contract–based on partnerships. This concept was applied in banking practice in Malaysia since 2000. The concept of equity–based are very much encouraged to be used in the Islamic muamalat than debt–based concepts such as the BBA. Hence, this study will analyze the advantages of the products based on the concept of MM with a focus on home financing products offered by Kuwait Finance House Malaysia Berhad (KFHMB). Key words: Islamic home financing products; Musharakah Mutanaqisah
36
Sari, Dewi Wulan, and Mohamad Yusak Anshori. "PENGARUH PEMBIAYAAN MURABAHAH, ISTISHNA, MUDHARABAH, DAN MUSYARAKAH TERHADAP PROFITABILITAS (STUDI PADA BANK SYARIAH DI INDONESIA PERIODE MARET 2015 – AGUSTUS 2016)." Accounting and Management Journal 1, no. 1 (March 6, 2018). http://dx.doi.org/10.33086/amj.v1i1.68.
Full textAbstract:
This thesis aims to determine how much influence policy-contract agreement the Islamic bank financing (murabahah, istishna, mudharabah, and musyarakah) against the profitability of Islamic banks. Profitability used in this thesis is the Bukopin Syariah, BRI Syariah, BSM, and Muamalat Indonesia Bank. The data in this paper uses secondary data, monthly financial statements (balance sheet and income statement) in the period March 2015-August 2016. The financial statement has been taken from the publication of the report issues by the website of each bank. Mechanical of data management using multiple linear, regression, and test the classical assumption of normality test, multikoloniaritas, heteroksidasitas, and autokorolation, while proving the hypothesis of determination R2, F statistical test, and the test T statistic.
37
Hariyati, Tri Retno. "TEORI PENGAKUAN DAN PENGUKURAN AKUNTANSI SYARIAH VERSUS AKUNTANSI UMUM." El Muhasaba: Jurnal Akuntansi 2, no. 1 (September 13, 2013). http://dx.doi.org/10.18860/em.v2i1.2359.
Full textAbstract:
<em>yariah accounting and general accounting has its own characteristic in applying the accounting recognition and measurement. Accounting for the recognition and measurement of sharia grouped by type and each of its accounting treatment according to the contract/ agreement, for general accounting apply in general, in accordance with generally accepted accounting standards.General accounting have the same items with the accounting recognition of sharia in the accounting, as for the item that is a burden, obligation, asset, income, where different treatment. To sharia adjusted to the type of accounting (Murabaha, Salam accounting, accounting Istishna, Mudharabah accounting, accounting Musharaka, Ijarah accounting, and accounting transactions of insurance).For general accounting measurement that is based on the size of clear historical cost, current cost, realizable value, present value is valid for financial accounting. Meanwhile, Islamic accounting treatment of transactions adjusted akadnya and types of accounting, and applies exclusively Islamic institutions.</em> <p><em> </em></p> <p><strong><em> </em></strong><em></em><em> </em></p>
38
Hendratri, Bhaswarendra Guntur. "Pengaruh Faktor Internal Dan Eksternal Terhadap Nilai Pembiayaan Murabahah Pada Perbankan Syariah Di Indonesia Periode Januari 2015-Juli 2018." JES (Jurnal Ekonomi Syariah) 4, no. 2 (September 1, 2019). http://dx.doi.org/10.30736/jesa.v4i2.66.
Full textAbstract:
Bank of Sharia is a bank that in its activities, both raising funds and in the context of channeling funds, provides and imposes compensation in accordance with Islamic law. Its activities does not charge interest, or does not pay interest to customers. Rewards received by Islamic banks, as well as those paid by customers depend on the contract and agreement between the customer and the bank. Related to the transaction contract practiced by Islamic banking. The mura>bah}ah contract is the contract that is most sought by the public. This contract dominates other contracts such as musha>rakah, mud}a>rabah, salam, istis}na>’, qard} and ija>rah. The purpose of this study is to analyze the influence of internal and external factors of Islamic banking, namely third party funds (DPK), capital adequecy ratio (CAR), number of sharia bank offices, equivalent rate (ER), and inflation on the amount of mura>bah}ah financing in Islamic banking in Indonesia. The analytical method used in this study is multiple linear regression. The results of this study indicate that third party funds (DPK), capital adequecy ratio (CAR), number of sharia bank offices, equivalent rate (ER), and inflation together have a positive effect on the value of mura>bah}ah financin. Partially, third party funds (DPK) have an influence positive towards mura>bah}ah financing. While the number of sharia bank offices and equivalent rate (ER) has a negative effect on mura>bah}ah financing. Then, capital adequecy ratio (CAR) and Inflation have no effect on the amount of mura>bah}ah financing. Keywords: Mura>bah}ah financing, External factor, Internal factor