Kamis, 17 Oktober 2013

Sale and purchase of foreign exchange law


Sale and purchase of foreign exchange law

Syari'ahnya on principle, foreign exchange trading can be analogized and categorized by the exchange between the gold with silver or known in fiqh terminology the term Sharf, who disepakat scholars about its validity.
As one of the selling variations, al-Sharf also of course must meet the requirements as well as other variations such as the sale and purchase of the bai 'absolute and muqayyadah. Because in order to purchase the necessary legal forms and a number of terms, ie the terms and conditions of sale aqad legitimate purchase. Aqad so selling it is not there and form, but also legally. Thus the law of al-Sharf is usually interpreted to mean the sale and purchase of foreign exchange is no doubt his skill from an Islamic fiqh.
According to expert analysis (economic experts both general and Islamic economics) that the sale and purchase of foreign exchange transactions are allowed in islam either done in the foreign exchange market as well as in other places. They agreed to allow foreign exchange transactions because look at the sales transactions in compliance with the terms of the sale and purchase according to Islamic pillars, namely: The Ijab and qabul, Both parties have full authority to take legal action in mature, healthy, and others (in meaning there are no elements of coercion or intimidation).
According to the author of this present era of foreign exchange trading has many benefits which the two countries who want to transact with each other in dire need of an exchange of currencies between countries, because different from each other. In terms of benefits, the sale and purchase of foreign exchange is permitted but must stick to the existing provisions in order to get the transaction done blessing.
BY : ENY WULANSARI ( 11220015 )



1 Setiawan budi utomo. Fiqh aktual. ( Jakarta: Gema insani press,2003),72
2 Karim adiwarman. Fiqh ekonomi keuangan islam. ( Jakarta: Dar al muslim,2008),436
3 Ahmad madjid. Masa’il fiqhiyah. ( pasuruan: Garuda buama indah,1991),100

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