Proceedings of the 4th International Colloquium on Interdisciplinary Islamic Studies in conjunction with the 1st International Conference on Education, Science, Technology, Indonesian and Islamic Studies, ICIIS and ICESTIIS 2021, 20-21 October 2021, Jambi, Indonesia

Research Article

Analysis of Foreign Exchange Transactions (Al-Sharf) Variety in Review of Islamic Law in Indonesia

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  • @INPROCEEDINGS{10.4108/eai.20-10-2021.2316345,
        author={JM  Muslimin and Mujibu  Da’wat and M. Hilal Afdhal and Rachmanto Dwi Nugroho and Syahrul Romadon Rambe and Siti Ummi Masruroh and Usep Abdul Matin},
        title={Analysis of Foreign Exchange Transactions (Al-Sharf) Variety in Review of Islamic Law in Indonesia},
        proceedings={Proceedings of the 4th International Colloquium on Interdisciplinary Islamic Studies in conjunction with the 1st International Conference on Education, Science, Technology, Indonesian and Islamic Studies, ICIIS and ICESTIIS 2021, 20-21 October 2021, Jambi, Indonesia},
        publisher={EAI},
        proceedings_a={ICIIS AND ICESTIIS},
        year={2022},
        month={2},
        keywords={foreign exchange al-sharf islamic law},
        doi={10.4108/eai.20-10-2021.2316345}
    }
    
  • JM Muslimin
    Mujibu Da’wat
    M. Hilal Afdhal
    Rachmanto Dwi Nugroho
    Syahrul Romadon Rambe
    Siti Ummi Masruroh
    Usep Abdul Matin
    Year: 2022
    Analysis of Foreign Exchange Transactions (Al-Sharf) Variety in Review of Islamic Law in Indonesia
    ICIIS AND ICESTIIS
    EAI
    DOI: 10.4108/eai.20-10-2021.2316345
JM Muslimin1, Mujibu Da’wat1,*, M. Hilal Afdhal1, Rachmanto Dwi Nugroho1, Syahrul Romadon Rambe1, Siti Ummi Masruroh1, Usep Abdul Matin1
  • 1: UIN Syarif Hidayatullah Jakarta
*Contact email: mujibudawat_21@mhs.uinjkt.ac.id

Abstract

Analysis of Variety of Foreign Exchange Transactions (Al-Sharf) in the Review of Islamic Law. The purpose of this study is to find out the views of Islamic law in Indonesia regarding foreign exchange transactions or Al-Sharf which is one of the transaction tools that affects the fulfillment of basic human needs globally today. Buying and selling currency is allowed as long as it is paid in cash and the exchange rate of a country's currency will be exchanged for the exchange rate of the currency desired by the buyer. This factor will be examined by the author using the approach of norms and sources of Islamic law, especially those that apply in Indonesia. This research is literature research conducted by reviewing various documents, both books, and writings that discuss foreign exchange buying and selling which are studied and analyzed based on the view of Islamic law