Implementation of DSN-MUI Fatwa No. 4/ DSN-MUI /IV/2000 Regarding the Practice of Providing Goods in Murabahah Financing at KWPS Mandiri Trosono Village
Keywords:
Implementation, DSN-MUI Fatwa, Murabahah FinancingAbstract
Sharia cooperatives are a financial institution that aims to build business activities that produce something and invest by developing and advancing the economic activities of small entrepreneurs based on sharia principles. KWPS Mandiri Trosono Village is a sharia cooperative. In KWPS Mandiri Trosono Village there is one form of financing in the form of murabahah financing. Murabahah is a sale and purchase transaction of goods with additional agreed profits. The aim of this research is to determine the application of DSN-MUI Fatwa No.4/DSN-MUI/IV/2000 to the practice of providing goods in murabahah financing at KWPS Mandiri Trosono Village. It can be concluded that KWPS Mandiri Trosono Village has not implemented murabahah financing in accordance with DSN-MUI fatwa No. 04/DSN-MUI/IV/2000. In the practice of murabahah financing at KWPS Mandiri Trosono Village, it does not provide goods in the form of goods but provides them in the form of money loans, so it can be classified as a transaction containing usury because the profit is not based on the purchase price of the goods, but based on the loan. The usury in question is usury nasiah.
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