Muhammad Abdul Ghoni


Abstract: Islamic teaching that is a straight path but not a rigid religion, it is a line-giver to the problems encountered by humans in the course of their lives. Muslims should have a concept that contains a way of life to face the development and progress of the times with various problems. One area that is always warm to talk about is the economy. This problem is getting wider, more varied and more complex. It is not uncommon to find it complicated, especially when confronted with Islamic law. One of them is about the capital market. This journal tries to examine from the perspective of jurisprudence about the jala of the existing capital markets. If we look at the system of stock bidding mechanisms in the capital market, it will be clear that there is a similarity with the capital system contained in the conception of Islamic fiqh, known as mudharabah or qirodh. It is seen from the investors, executors, the nature of capital, capital, and profit sharing of the same shape. Thus, the system of buying and selling of shares in the stock market is clearly visible equation with mudharabah in Islamic jurisprudence.


Capital market, mudharabah, Islamic fiqh

Full Text:



Darmadji, T, dan Fakhruddin, Pasar Modal di Indonesia, Jakarta: Salemba Empat, 2006.

Haroen, Nasrun, Perdagangan Saham di Bursa Efek Menurut Hukum Islam. Padang: IAIN IB Press, 1999.

Hartono, J., Teori Portopolio dan Analisis Investasi, Yogyakarta: BPFE., 2013.

Husnan, S., Dasar-Dasar Teori Portopolio dan Analisis Sekuritas, Yogyakarta: UPP AMP YKPN, 2005.

Rusyd, Ibnu, Bidayatul Mujtahid: alih bahasa Jakarta. Menara Kudus.,1989, Jilid IX.

Sabiq, Sayyid, Fikih Sunnah, Bandung: Al-Ma’arif, 1989.

Tandelilin, E., Portopolio dan Investasi, Teori dan Aplikasi. Yogyakarta: Kanisius, 2001

Thohir, Alajul Musykilah al-Iqtishadiyah fi al- Islam, Bandung: Al Ma’arif, 1983.



  • There are currently no refbacks.

View My Stats