Jual Beli Valuta Asing dalam Ekonomi Islam

Khotibul Umam

Abstract


Foreign exchange market (Forex) is a transaction under the scope of Islamic economic studies. It is lawfully allowed as long as not violating shariah principles. This is valid particularly for the spot type because it fulfills the requirement of yadan bi yadin, namely cash transaction with the same value. As for the forward, swap and opsi types are considered unlawful as they contain random speculation (gharar) unsure. However, some Islamic scholars allow the forward when aiming to fulfill the need instead of speculation purpose, such as protecting hedging in anticipating the risk of foreign currency fluctuation used as international payment instrument.


Keywords


Forex, Spot, Forward, Swap, Option

Full Text:

PDF

References


Afandi Mahfudz, A. (2014). Pasar dan Instrumen Keuangan Islam. Banten: Univeritas Terbuka-Kemendikbud.

Husnan, S. (2019). Dasar-Dasar Teori Portofolio dan Analiis Sekuritas. Yogyakarta: UPP STIM YKPN.

Judokusumo. (2007). Pengantar Derivatif Dalam Moneter Internasional. Jakarta: PT Grasindo.

Karmila. (2010). Seluk-Beluk Pasar Valas. KTSP. Yogyakarta: KTSP.

Muharman Pilliangsani, H. (2013). Cara Mudah Memulai Bisnis Forex Di Internet Dengan US$1. Jakarta: PT Elex Media Komputindo.

Rizal Joesoef, J. (2008). Pasar Uang & Pasar Valuta Asing. Jakarta: Salemba Empat.

S. Mishkin, F. (2009). The Economics Of Money, Banking, and Financial Markets. Jakarta: Salemba Empat.

Sartono, A. (2010). Manajemen Keuangan Teori dan Aplikasi. Yogyakarta: BPFE UGM.

Tandelilin, E. (2010). Portofolio dan Investasi Teori dan Aplikasi. Yogyakarta: Kanisius.

Wibowo, A. (2017). Investasi Valuta Asing. Yogyakarta: CV Andi Offset.

MUI, D. (2002, Maret 28). DSN-MUI, 2002. Fatwa Dewan Syari’ah Nasional Nomor: 28/Dsn-Mui/Iii/2002 Tentang Jual Beli Mata Uang (Al-Sharf). Retrieved from http://mui.or.id/wp-content/uploads/files/fatwa/28-Jual_Beli_Mata_Uang.pdf

MUI, D. (2017, September 19). DSN-MUI, 2017. Fatwa Dewan Syariah Nasional-Majelis Ulama Indonesia No: 110/DSN-MUI/IX/2017 Tentang Akad Jual Beli. Retrieved from https://dsnmui.or.id/kategori/fatwa/page/2/

Abdurohman, D. (2020). Analisis Transaksi Lindung Nilai Syariah (Al-Tahawwuth Al-Islami / Islamic Hedging) Atas Nilai Tukar. Ecopreneur. Jurnal Program Studi Ekonomi Syariah, 55–72.

Ade Chusmita, L. H. (2016). Analisis Penerapan Hedging Di Perbankan Syariah Indonesia. Jurnal Nisbah.

Adilla Arsyi, W. (2016). Simulasi Islamic Forward Agreement Pada Pembiayaan Valas Bank Syariah Di Indonesia. JEBI (Jurnal Ekonomi dan Bisnis Islam).

Injadat, E. M. (2014, December). Futures and Forwards Contracts from Perspective of Islamic Law. Journal of Economics and Political Economy, 1(2), 247.

Mihajat, M. I. (2016). Contempory Practice Of Riba, Gharar and Maysirin islamic Banking and Finance. International Journal of Islamic Management and Business, Vol 2, No.2, 2(2), 7.

Qusthoniah. (2014). Transaksi Valuta Asing Menurut Hukum Islam. Jurnal Syariah, 2(1), 18.

Rahman, M. (2018). Hakekat dan Batasan-Batasan Gharar Dalam Transaksi Maliyah (Nature and Gharar Limits in Maliyah Transaction). Salam, Jurnal Sosial & Budaya Syar'i, 274.

Rahman, M. F. (2018). Hakekat dan Batasan-Batasan Gharar Dalam Transaksi Maliyah (Nature and Gharar Limits in Maliyah Transaction). Salam, Jurnal Sosial & Budaya Syar'i, 5(3), 274.

Sahroni, O. M. (2016). Instrumen Hedging dan Solusinya Menurut Syariah. Al-Intaj (Jurnal Ekonomi dan Perbankan Syariah.

Purnomo, H. (2018, Juli 29). Mengintip Besarnya Transaksi Valas Varian RI, Rp 129 T/Hari! Retrieved from CNBC Indonesia: https://www.cnbcindonesia.com/market/20180729125800-17-25930/mengintip-besarnya-transaksi-valas-harian-ri-rp-129-t-hari




DOI: http://dx.doi.org/10.35448/jiec.v4i2.9842

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Copyright © Syi’ar Iqtishadi: Journal of Islamic Economics, Finance and Banking.