Eksplorasi Transaksi Derivatif Dalam Keuangan Islam

This study aims to explore the application of derivative transactions in Islamic financial institutions in Indonesia, Malaysia and Pakistan. The research method uses descriptive qualitative approach with Systematic Literature Review. Data collection techniques using documentation. The results show t...

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Main Author: Husni Shabri
Format: Article
Language:English
Published: Institut Agama Islam negeri Batusangkar 2022-07-01
Series:Al-Bank
Subjects:
Online Access:https://ojs.iainbatusangkar.ac.id/ojs/index.php/Albank/article/view/6628
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author Husni Shabri
author_facet Husni Shabri
author_sort Husni Shabri
collection DOAJ
description This study aims to explore the application of derivative transactions in Islamic financial institutions in Indonesia, Malaysia and Pakistan. The research method uses descriptive qualitative approach with Systematic Literature Review. Data collection techniques using documentation. The results show that derivative transactions are permitted only for Future Trading on the Commodity Exchange at the Jakarta Futures Exchange which is regulated in fatwa DSN No. 82 of 2011. Derivative transactions are also allowed to hedging aims to mitigate risk in foreign exchange transactions, not for speculation. This view is also in line with the application in Malaysia and Pakistan that the practice of derivatives is only a hedging to minimize risk. The challenge faced in derivative transactions is the difficulty of operating sharia-compliant derivatives so that in the future it is hoped that there will be derivative innovations with sharia principles
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spelling doaj.art-ceb3971619354edda6da191fb9594bec2023-04-30T15:57:17ZengInstitut Agama Islam negeri BatusangkarAl-Bank2797-94662797-82652022-07-012212913810.31958/ab.v2i2.66282250Eksplorasi Transaksi Derivatif Dalam Keuangan IslamHusni Shabri0Universitas Islam Negeri Syarif Hidayatullah JakartaThis study aims to explore the application of derivative transactions in Islamic financial institutions in Indonesia, Malaysia and Pakistan. The research method uses descriptive qualitative approach with Systematic Literature Review. Data collection techniques using documentation. The results show that derivative transactions are permitted only for Future Trading on the Commodity Exchange at the Jakarta Futures Exchange which is regulated in fatwa DSN No. 82 of 2011. Derivative transactions are also allowed to hedging aims to mitigate risk in foreign exchange transactions, not for speculation. This view is also in line with the application in Malaysia and Pakistan that the practice of derivatives is only a hedging to minimize risk. The challenge faced in derivative transactions is the difficulty of operating sharia-compliant derivatives so that in the future it is hoped that there will be derivative innovations with sharia principleshttps://ojs.iainbatusangkar.ac.id/ojs/index.php/Albank/article/view/6628derivative transactions, islamic finance, future contracts
spellingShingle Husni Shabri
Eksplorasi Transaksi Derivatif Dalam Keuangan Islam
Al-Bank
derivative transactions, islamic finance, future contracts
title Eksplorasi Transaksi Derivatif Dalam Keuangan Islam
title_full Eksplorasi Transaksi Derivatif Dalam Keuangan Islam
title_fullStr Eksplorasi Transaksi Derivatif Dalam Keuangan Islam
title_full_unstemmed Eksplorasi Transaksi Derivatif Dalam Keuangan Islam
title_short Eksplorasi Transaksi Derivatif Dalam Keuangan Islam
title_sort eksplorasi transaksi derivatif dalam keuangan islam
topic derivative transactions, islamic finance, future contracts
url https://ojs.iainbatusangkar.ac.id/ojs/index.php/Albank/article/view/6628
work_keys_str_mv AT husnishabri eksplorasitransaksiderivatifdalamkeuanganislam