scholarly journals Acceleration of Mega Merger of SOE Sharia Banks in Indonesia through Revitalization of Sharia Economic Law in Islamic Boarding Schools

2020 ◽  
Vol 5 (2) ◽  
pp. 38
Author(s):  
Ferry Jie ◽  
Harisah Harisah ◽  
Zubaidi Sulaiman

Generally, we can see that law is all rules of behavior in norms regulating orders among societies. Likewise, sharia economic law regulates policies of the community in economic activities, and the application of this rule in Indonesia can be studied through Islamic boarding schools as a place for Islamic scientific education. The condition of this Indonesian pesantren is no longer only studying classical sciences. Still, also it has developed by studying modern sciences such as studies in several Indonesian pesantren which have revitalized sharia economic law as a study, which is included in the science curriculum and equipped with institutional facilities to support learning in providing an overview of sharia economic practices. Accordingly, the program has become one of the instruments for accelerating the mega-merger of Islamic banks. This research used qualitative methods with data collection through interviews and direct observations in the field. This study found that Islamic boarding schools in Indonesia have provided Islamic economic, scientific facilities, and Islamic microfinance institutions to support learning Islamic economic law to introduce knowledge and provision of Islamic economic practices so that students could apply Islamic economic values. Meanwhile, the existing programs in Indonesian Islamic boarding schools produced reliable students in the sharia economy to support the acceleration of the Islamic Bank's mega-merger through several programs such as the study of muamalah fiqh books, in collaboration with education and training held by financial institutions owned by Islamic boarding schools as well as employment programs for alumni of pesantren and guiding Islamic banking.

2015 ◽  
Vol 1 (2) ◽  
Author(s):  
Dewi Sukma Kristianti

The legal practice of Islamic (Sharia) economics in the real sector of Indonesia’s national economic development by way of various institutions or Islamic (sharia-based) economic centers has had a positive impact on the growth and development of the national economy. The practice is based on Islamic principles, which have been shaped into a wide variety of regulations or legislation in effect. In the legal concept of Sharia economics, the state as represented by the government that implements Sharia-based economic practices must apply the principles of Islamic economics to achieve the goal of Islamic economic law. The purpose of this Sharia economic law emphasizes the benefits for society based on the balance and fairness thus attained to present a showcase of the politics involved in Islamic economic law. The actual reality of legislation in Sharia-based economic activities issued by the government still falls decidedly short of expectations when compared to conventional economic activities and legal certainty in other countries, due to the role that Islamic economic law plays in determining the government’s political direction and ways of formalizing Islamic economic law in Indonesia.


Author(s):  
Kabita Kumari Sahu

The objective of the chapter is to analyze the performance and constraints of selected occupation-related SHGs in India and examine the sustainability of SHGs providing microfinance on the basis of secondary data and primary data from Kendrapara district of Odisha, India. It is observed that majority of the SHG members are in young age group with low level of literacy, small and medium level of land holding, medium level of dependency ratio, forming experience, family encouragement, deferred gratification, risk willingness achievement motivation, and economic activities. The major variables that have contributed for enhancing the performance of SHGs are family encouragement, risk willingness, achievement motivation, extension participation, extension contact, and training programs. In order to enhance further motivation and build confidence, proper market linkage and training programs need to be established. Further, to ensure sustainable development of SHGs in future, federation of SHGs can be thought of by the implementing agency.


2018 ◽  
Vol 4 (02) ◽  
pp. 126
Author(s):  
Sumadi Sumadi

This study aims to measure the lease transaction in the review of sharia economic law. The phenomenon of the practice of leasing transactions in economic activities that develop today is a complicated and complicated issue. Because of its emergence as one of muamalah practices involving a number of parties initially known in advance by the Western world and not found the discussion specifically in the classic books and fatwa ulama. This type of research is a qualitative research using literature study method as the methodology of completion. With the object of research Leasing case seen from the point of view of Islamic economic law, and how the Islamic economy to answer the problem. Leasing Transactions are financing activities in the form of provision of capital goods (eg cars or factory machinery) paid for a certain period of time on a regular basis. From result of research obtained result that related with lease transaction. The form of leasing activity is divided into two, namely the operating lease (ie, lease without option) and financial lease (lease with option rights) Operating lease in fiqih terms equals ijara, while the financial lease practice which has been adjusted to syara criteria 'is called al -The Objective of Muntahia bit Tamlik (IMBT) and the law is halal, while based on the practice and reality in daily life, financial lease shows transaction prohibition, and scholars agree that there is in practice financial lease (conventional leasing)


2016 ◽  
Vol 15 (2) ◽  
pp. 257
Author(s):  
Ridwan Ridwan

The problem that frequently appears in Islamic economic contract is the debate on its normative legaland philosophical basis. This article will explain that many contracts in Islamic economic law are basedon the philosophy of law. The philosophy of Islamic economic law is based on triangle concept, i.e.philosophy of God, human being, and nature. It is characterized by God-oriented (rabbani) and humanity-oriented (insani) economy. Its God-oriented character preceives Allah (God) as the center ofhuman awareness in performing economic activities and it reflects in economic behavior considering thenature of human being and promoting the values of goodness, justice, and mutual relationship.


2021 ◽  
Vol 16 (1) ◽  
pp. 121-151
Author(s):  
Hisam Ahyani ◽  
Memet Slamet ◽  
Tobroni

This research aims to build the value of rahmatan lil 'alamin in Indonesian economic development at 4.0 era from the perspective of philosophy and shariah economic law. The role of both is considered important regarding with freedom to do any economic activities in Indonesia as the non-Islamic state in the formal term yet at the same time is known as a sharia economic community due to its world’s largest Moslem population. This literature-normative research is  qualitative with a statutory, historical, comparative and conceptual approach. It found that first, rahmatan lil 'alamin (sheltering the entire ummah and not exclusive to Moslem only) value enables the philosophy of Islamic law to contribute in developing Indonesian economy. The goal of Islam as a religion to guide its believers toward the happiness of the world and the hereafter and the triangle concept among philosophy of God, human, and nature, for example, make it possible for Islamic economic with its rahmatan lil 'alamin values to cover deficiencies of the conventional economic system. Second, the philosophy of rahmatan lil 'alamin in Islamic economics can be manifested by organizing social services, such as waqf, relying on the spirit of building justice in life, narrowing social gaps, as well as enlivening Islamic values. In the era of 4.0, implementation of the value can be adjusted to recent demands and situations, such as cash waqf, halal industry, halal food, halal tourism and so on(Riset ini bertujuan menggali nilai-nilai rahmatan lil ‘alamin dalam perekonomian Indonesia era 4.0 menurut tinjauan filsafat dan hukum ekonomi syariah. Peran keduanya dianggap penting terkait kebebasan berekonomi dalam konteks Indonesia yang bukan merupakan negara Islam secara formal namun memiliki komunitas ekonomi Syariah sebagai negara Muslim terbesar di dunia. Penelitian kepustakaan-normatif ini bersifat kuantitatif dengan pendekatan perundang-undangan, sejarah, perbandingan, serta konseptual. Ia sampai pada kesimpulan bahwa, pertama, konsep rahmatan lil ‘alamin  yang menaungi seluruh ummat—tidak hanya umat Muslim—memungkinkan filsafat hukum Islam berkontribusi dalam mengembangkan perekonomian Indonesia. Tujuan Islam untuk mencapai kebahagiaan dunia-akhirat serta konsep triangle antara filsafat Tuhan, manusia dan alam, misalnya, memungkinkan tertutupinya kekurangan dalam sistem ekonomi konvensional dengan sistem ekonomi Islam. Kedua, nilai rahmatan lil ‘alamin dalam hukum ekonomi Islam dapat diwujudkan dengan menyelenggarakan kegiatan-kegiatan sosial seperti wakaf dengan semangat menciptakan kehidupan yang berkeadilan, mengurangi kesenjangan sosial serta menghidupkan nilai-nilai keislaman. Di era 4.0, implementasi nilai rahmatan lil’alamin dapat disesuaikan dengan tuntutan zaman semisal wakaf tunai, industri halal, makanan halal, wisata halal, dan lain sebagainya)


2019 ◽  
Vol 3 (2) ◽  
pp. 186-197
Author(s):  
Fasiha Kamal ◽  
Muhammad Ruslan Abdullah

The purpose of this paper is to explain the Ihtikar law in trade and commercial activities. Islam emphasizes the implementation of moral values in all economic activities, so the ihtikar issue is very important to be studied in Islamic economic law. Islam basically gives freedom in carrying out economic activities, and Islam also regulates economic matters that cause harm. The results of the study found that the verses and hadith explained in this paper textually prohibit the existence of ihtikar. Ihtikar law is haram if the goods stockpiled are needed by the community which results in price increases. When this happens, Islam allows for intervention in economic activity by issuing some policies and rules that have an impact on normal prices.


2020 ◽  
Vol 12 (2) ◽  
Author(s):  
Ely Sukmana

Effectiveness of Education and Training in Increasing Auditor Performance at the Lamongan Regency Inspectorate of East Java Province. This study aims to find out and analyze education and training to be the driving factors for improving the performance of auditors at the Inspectorate of Lamongan Regency, East Java Province. The researcher used a qualitative descriptive method with an inductive approach. The conclusion of this study is the effectiveness of education and training carried out through technical training programs held by the Lamongan District Inspectorate and the implementation of functional training and technical training outside which aims to improve the performance of the Lamongan District Inspectorate auditors, including being effective. This can be understood from the results of the overall study through interviewing the author with sources and direct observations. The indicators of effectiveness of auditor participation to carry out technical training carried out by the Inspectorate and functional training and technical training held outside of stating that, every implementation. Education and training can have a positive impact on the auditor of the Lamongan District Inspectorate in improving performance to carry out their duties and functions as internal government supervisors.


2020 ◽  
Vol 14 (2) ◽  
pp. 191-210
Author(s):  
Addiarrahman Addiarrahman ◽  
Illy Yanti

This study seeks to understand the pragmatism of the development of sharia economic law, and its implications for Islamic financial products in Indonesia. The data comes from the results of interviews and focus group discussions with key informants from academics, practitioners, authorities, and the public. This research finds that pragmatism in the development of Islamic economic law is an approach that still dominates the DSN-MUI fatwas. The pragmatism style used is complex-eclectic pragmatism which is represented through makhārij al-fiqhiyyah, which is to choose a mild opinion by sticking to the strongest method or also called "taysīr al-manhajī". The use of this method is intended to ensure that the fatwa is truly able to answer the needs of the business world, as well as being in line with sharia principles. DSN-MUI also does not use maslahah as a legal consideration in a free or liberal way. Rather, it returns maslahah in consideration of the method, so that it is permissible to use the bay’ al-'inān contract only in a forced state (ḍarurah).


2018 ◽  
Vol 16 (2) ◽  
pp. 104
Author(s):  
Tesa Mellina ◽  
Mohammad Ghozali

The implementation ofthe capitalist system has eliminated the Islamic values in economic practice. After the financial crisis hit the world, the capitalist system reaped many questions and its greatnessbegins to be doubted. The capitalist system implementationprecisely creates new problems in the economy. The concept of individualism which is the main key in capitalist practice only creates economic injustice and misery of the poor. The only economic theory that is expected as a light in dealing with economic problems is an economic system that is able to create justice,the welfare of all parties and blessings both the world and the hereafter. The theory is the Islamic economics which in practice is inseparable from Islamiceconomic law. Islamic economic law that underlies the Islamic economic system is totally different from the capitalist economic system.Keywords: Islamic Economic Law; Islamic economics; Capitalist Economy


Author(s):  
R. Vinodh Kumar ◽  
M. Vakkil

The study was conducted to identify the most difficult topic in elementary teacher education first-year social science curriculum as perceived by the student-teachers by using survey research design. The study also investigated the underlying reasons responsible for the student-teachers' difficulties in learning different topics. 218 student-teachers were selected using convenience sampling technique from five District Institutes of Education and Training (DIET), in Tamil Nadu State (India) for the study. The instrument used for data collection was a checklist designed by the researchers to elicit information from the student-teachers. The data collected were analysed using frequencies and percentages. The results showed that the topic namely, 'Reading the Globe, Maps and Atlas' was perceived as the most difficult topic in social science curriculum. The results also showed that teaching the topic without using the maps, lack of previous knowledge about the maps, the existence of vague concepts, heavy content load, and lack of interest and motivation to learn map concepts were the main reasons responsible for the student-teachers' difficulties in learning the topic.


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