Concept of Buying and Selling In The Perspective of Al-Qur'an: Study Of Credit
DOI:
https://doi.org/10.12928/ijiefb.v9i1.15553Keywords:
Buying and Selling, Credit, Riba, Al-Quran, Islamic EconomicsAbstract
Introduction: Buying and selling is an economic activity that is clearly regulated in the Al-Qur'an as part of the Islamic muamalah. Along with the development of the modern economy, the practice of buying and selling credit is increasingly being used, but it has given rise to debate regarding its suitability with sharia principles, especially in terms of usury and transaction fairness. Therefore, this article examines the concept of buying and selling from the perspective of the Koran with a focus on the practice of buying and selling credit.
Purpose: The purpose of this article is to examine and analyze the concept of buying and selling from the perspective of the Qur'an, especially in relation to the practice of credit transactions, by examining the normative foundations, principles of justice, the prohibition of usury, and muamalah ethics which form the basis for the validity and application of credit buying and selling in the Islamic economic system.
Methodology: This research uses a qualitative approach with library research methods. Data was obtained from the Al-Qur'an, tafsir books, as well as Islamic economic literature that is relevant to the concept of buying and selling and credit. Data analysis was carried out descriptively-analytically with a thematic interpretation approach, namely examining verses from the Al-Qur'an related to buying and selling and credit transactions to understand the principles and provisions of sharia in the practice of buying and selling credit.
Findings: This research found that the Qur'an allows the practice of buying and selling on credit (bai' bi at-taqsith) as part of a valid muamalah, as long as it meets the principles of justice, clarity of the contract and the willingness of the parties. The Koran, especially in QS. Al-Baqarah verses 275 and 282, emphasize the fundamental difference between buying and selling and usury, as well as providing legitimacy to non-cash transactions provided that there is clear recording and a price agreement at the beginning of the contract. This research also found that adding prices in credit buying and selling is not automatically classified as usury, as long as it is not exploitative, does not contain elements of gharar, and does not occur unilaterally after the contract has been agreed. Thus, the concept of buying and selling credit from the perspective of the Qur'an emphasizes aspects of ethics, transparency and protection for both parties, so that it can become a normative basis for contemporary sharia financing practices.
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