FATWA OF DSN MUI ABOUT BUYING AND SELLING GOLD NON CASH: THE MURA’AT AL-ILLAL WA AL-MASHALIH APPROACH

Authors

  • Labibah Dian Umami University of Darussalam Gontor
  • Setiawan bin Lahuri University of Darussalam Gontor

Keywords:

Gold, Buying-Selling, Legal Reason (Illat), Maslahah

Abstract

This research is intended to find out the law of gold murabahah with a credit payment system and as the analysis of DSN-MUI fatwa No: 77 of 2010. This research uses a qualitative method with a descriptive analysis approach, the primary data sources are DSN-MUI fatwa No: 77 of 2010 concerning gold murabahah, Law No.23 of 1999 concerning Bank Indonesia which was amended in Law No.3 of 2004, AAOIFI and Ushul Fiqh literature, while skunder data was obtained from Fiqh literature, journals and books. The result that the sale and purchase of gold in cash or gold murabahah is allowed in Islamic law, in accordance with DSN-MUI Fatwa Number 77 of 2010. Although many scholars argue that buying and selling gold in cash is prohibited in sharia as agreed by the four madhabs. With the approach of murā'at al-'ilal wa al-maṣāliḥ it can be seen that the decision in the fatwa DSN-MUI Number 77 of 2010 is in accordance with the correct Islamic economic law. Because basically Islamic law will always adjust the existence of illat and also benefits to meet the needs of mankind as a whole.

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Published

06-05-2024

How to Cite

Labibah Dian Umami, & bin Lahuri, S. . (2024). FATWA OF DSN MUI ABOUT BUYING AND SELLING GOLD NON CASH: THE MURA’AT AL-ILLAL WA AL-MASHALIH APPROACH. Proceedings, 3, 107–122. Retrieved from https://proceedings.uinkhas.ac.id/index.php/proceedings/article/view/98