BANKERS’ ATTITUDES TO THE LEGAL POSITION OF BANK INTEREST: NEW INSIGHTS FOR THE DEVELOPMENT OF FIQH WASATIYAH MALIYAH
DOI:
https://doi.org/10.32332/akademika.v27i1.4085Keywords:
Bankers attitude, Legal position, Bank Interest, Fiqh Wasathiyah MaliyahAbstract
This study explains the phenomena of certain Indonesian bankers’ fear regarding bank interest. This anxiety led bankers both of conventional and sharia to extreme attitudes such as the decision of employees to stop working or move to work in Islamic banks, assuming that his position is correct and considers conventional bankers to be illegitimate work. These two understandings and attitudes underlie the authors interested in analyzing and discovering how to build a tolerant and moderate fiqh concept in the world of Islamic banking and finance. This research uses a type of qualitative-descriptive research, with a prophetic approach and fiqh tolerance approach or fiqh wasatiyah in the field of Islamic banking and finance. The theory of maqasid al-sharia al-iqtishadiyyah is used as the ground theory of this paper. The results of this research show that: first, the anxiety of conventional bank employees is caused by factor of understanding and interpretation that bank that uses the interest system is usury system and usury is illegal. Second, that understanding and attitude of extremism can be seen as stopping work suddenly, disappearing without any reason, changing how to dress, easily forbidding something, and finally stop working in conventional banksDownloads
Download data is not yet available.
References
‘Amarah, Muhammad. Al-A'mal al-Kamilah li alImam Muhammad Abduh, op. cit., Volume. IV,
Abdad, M. Zaini. (2011). Analysis and Mapping of Moderate Jurisprudence in the Middle East and Its Clarity with the Formal Fiqh Movement, Esensia Journal, Vol. XII, No. 1, January.
Azra, Azyumardi. (2017). Islam Indonesia Exclusive Vs: The Dynamics of Muslim Community Diversity, Paper Papers for the Study of Ramadhan PP Muhammadiyah Campus Muhammadiyah University Jakarta June 6.
Bably, Muhammad Mahmud. (1999). Position of Property according to the Islamic View, Jakarta: Kalam Mulia.
Bank Indonesia. (1990). The Banking System and the Role of Banking, and Its Impact in Improving Economic Welfare, a paper in the workshop on bank and banking interest, Bogor.
Basyir, Ahmad Azhar. (1996). Reflection on Islamic issues: Regarding Philosophy, Law, Politics, and Economics, Bandung, Mizan.
Hasyim, Muhammad Syarif. (2008). Bank Interest: Between the Textual and Contextual Paradigms, Hunafa Vol. Journal. 5, No. 1.
Kalsum, Ummi. (2014). Riba and Bank Interest in Islam (Legal Analysis and Its Impact on the Economic Community), Journal Al-lAdl Vol. 7, No. 2, July.
Marwini. (2017). Riba Controversy in Conventional Banking and Its Impact on the Economy, Az Zarqa Journal ', Vol. 9, No. 1, June.
Muslehuddin, Muhammad. (1994). Banking System in Islam, Happen. Aswin Simamora, Jakarta: Rineka Cipta, Cet. 2.
Nawawi, Rif’at Syauqi. (2002). Rationality of Muhammad Abduh's Tafsir: study of the problems of Aids and Worship, Jakarta: Paramedina.
Nur, Afrizal and Mukhlis. (2015). The Wasathiyah Concept in the Qur'an: (Comparative Study Between Tafsir Al-Tahrir wa At-Tanwir and Aisar At-Tafasir), An-Nur Journal, Vol. 4, No. 2.
Qutub, Sayyid. (1994). Fundamentals of the Social Economic System in the Interpretation of Fi zhilalil Qur'an. Terj. Muhammad Abbas Hall, Jakarta: Inter-Nusa Litera Library.
Saeed, Abdullah. (1996). Islamic Banking and Interest, Leden-New York Koln: E.J. Brill, 1996.
Saeed, Abdullah. (2006). Questioning Sharia Banks Critics of Interpretation of Bank Interests Neo-Revivalists, translated from the original book titled "Islamic Banking and Interest: A Study of Riba And Its Contemporary Interpretation by Arif Maftuhin, Jakarta: Paramadina.
Salam, Abdul. (2013). Interest Bank in Islamic Perspective (Study of Nahdlatul Ulama and Muhammadiyyah), Sharia Economics Lecturer at STIA Alma Ata Yogyakarta. In the Indonesian Islamic Economics Journal, Vol. III, No. June 1, 2013.
Shihab, Quraish. (1998). Earthing Al-Qur'an, Bandung: Mizan.
Sumitro, Warkom. (1997). Banking Principles and Related Institutions, Jakarta: Raja Grafindo Persada.
Suyatno, Thomas. (1993). Institutional Banking, Jakarta: Gramedia Main Library, Cet. 5.
Syarifudin, Amir. (2003). Outlines of Fiqh, Jakarta: Prenada Media.
Thomson, Dictionary Banking. London: The New Publishing co..ltd. Ed. Ke II.
Yafie, Ali. (1994). Initiating Social Fiqh, Bandung: Mizan.
Yusuf, Muhammad Yasir. (2012). Dynamics of Bank Fatwa in Indonesia: Study of MUI Fatwa, Muhammadiyyah and Nahdhatul Ulama, Journal of Islamic Media, Vol. XIV, No. 2, July-December.
Abdad, M. Zaini. (2011). Analysis and Mapping of Moderate Jurisprudence in the Middle East and Its Clarity with the Formal Fiqh Movement, Esensia Journal, Vol. XII, No. 1, January.
Azra, Azyumardi. (2017). Islam Indonesia Exclusive Vs: The Dynamics of Muslim Community Diversity, Paper Papers for the Study of Ramadhan PP Muhammadiyah Campus Muhammadiyah University Jakarta June 6.
Bably, Muhammad Mahmud. (1999). Position of Property according to the Islamic View, Jakarta: Kalam Mulia.
Bank Indonesia. (1990). The Banking System and the Role of Banking, and Its Impact in Improving Economic Welfare, a paper in the workshop on bank and banking interest, Bogor.
Basyir, Ahmad Azhar. (1996). Reflection on Islamic issues: Regarding Philosophy, Law, Politics, and Economics, Bandung, Mizan.
Hasyim, Muhammad Syarif. (2008). Bank Interest: Between the Textual and Contextual Paradigms, Hunafa Vol. Journal. 5, No. 1.
Kalsum, Ummi. (2014). Riba and Bank Interest in Islam (Legal Analysis and Its Impact on the Economic Community), Journal Al-lAdl Vol. 7, No. 2, July.
Marwini. (2017). Riba Controversy in Conventional Banking and Its Impact on the Economy, Az Zarqa Journal ', Vol. 9, No. 1, June.
Muslehuddin, Muhammad. (1994). Banking System in Islam, Happen. Aswin Simamora, Jakarta: Rineka Cipta, Cet. 2.
Nawawi, Rif’at Syauqi. (2002). Rationality of Muhammad Abduh's Tafsir: study of the problems of Aids and Worship, Jakarta: Paramedina.
Nur, Afrizal and Mukhlis. (2015). The Wasathiyah Concept in the Qur'an: (Comparative Study Between Tafsir Al-Tahrir wa At-Tanwir and Aisar At-Tafasir), An-Nur Journal, Vol. 4, No. 2.
Qutub, Sayyid. (1994). Fundamentals of the Social Economic System in the Interpretation of Fi zhilalil Qur'an. Terj. Muhammad Abbas Hall, Jakarta: Inter-Nusa Litera Library.
Saeed, Abdullah. (1996). Islamic Banking and Interest, Leden-New York Koln: E.J. Brill, 1996.
Saeed, Abdullah. (2006). Questioning Sharia Banks Critics of Interpretation of Bank Interests Neo-Revivalists, translated from the original book titled "Islamic Banking and Interest: A Study of Riba And Its Contemporary Interpretation by Arif Maftuhin, Jakarta: Paramadina.
Salam, Abdul. (2013). Interest Bank in Islamic Perspective (Study of Nahdlatul Ulama and Muhammadiyyah), Sharia Economics Lecturer at STIA Alma Ata Yogyakarta. In the Indonesian Islamic Economics Journal, Vol. III, No. June 1, 2013.
Shihab, Quraish. (1998). Earthing Al-Qur'an, Bandung: Mizan.
Sumitro, Warkom. (1997). Banking Principles and Related Institutions, Jakarta: Raja Grafindo Persada.
Suyatno, Thomas. (1993). Institutional Banking, Jakarta: Gramedia Main Library, Cet. 5.
Syarifudin, Amir. (2003). Outlines of Fiqh, Jakarta: Prenada Media.
Thomson, Dictionary Banking. London: The New Publishing co..ltd. Ed. Ke II.
Yafie, Ali. (1994). Initiating Social Fiqh, Bandung: Mizan.
Yusuf, Muhammad Yasir. (2012). Dynamics of Bank Fatwa in Indonesia: Study of MUI Fatwa, Muhammadiyyah and Nahdhatul Ulama, Journal of Islamic Media, Vol. XIV, No. 2, July-December.
Downloads
Published
2022-08-04
Issue
Section
Articles
License
All articles in the Akademika can be disseminated on condition that they still include the identity of the article and the source (Akademika). The publisher is not responsible for the contents of the article. The content of the article is the sole responsibility of the author.
Authors who publish this subject agree to the following terms:
First, the Authors retain copyright and grant the journal right from first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
Secondly, the authors can enter into a separate or an acknowledgment of its initial (e.g., post-institutional repository or publish it in a book) publication in this journal.
Third, the authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before publishing work is cited.
