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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Format: | Article |
Language: | English |
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Institut Agama Islam negeri Batusangkar
2022-07-01
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Series: | Al-Bank |
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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 |
first_indexed | 2024-04-09T15:05:33Z |
format | Article |
id | doaj.art-ceb3971619354edda6da191fb9594bec |
institution | Directory Open Access Journal |
issn | 2797-9466 2797-8265 |
language | English |
last_indexed | 2024-04-09T15:05:33Z |
publishDate | 2022-07-01 |
publisher | Institut Agama Islam negeri Batusangkar |
record_format | Article |
series | Al-Bank |
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 |