Kamis, 26 Desember 2013

Installment loans in Islamic Banking


Baerin Oktaviani (11220012)


Installment loans in Islamic Banking

One of the sale and purchase transaction in the public is often used in transaction purchase with the credit system. This transaction is a transaction in which the method of payment by installment or installments, this transaction is also referred to as a credit purchase. In simple terms a loan disbursement of the funds to the owner who requires funds. The distribution of these funds is based on the trust funds provided by the owner to the user of funds.[1]

The definition of credit sale and purchase transactions are sale and purchase of credits is buying and selling in a way that owes payment in installments of up to a certain period as agreed. Sell ​​/ buy with credits means that someone selling / buying something at a price that is paid is a tough time. In fiqh credit sale is known as al-bai 'ad-dayn wa bi bi at-Taqsith or bai' bits-tsaman'' ajil.[2]

Sale and purchase of credit is not only in society, but sale and purchase with the credit system is also in the practice of Islamic banking. The sale and purchase of credit is one of the Islamic bank financing products, as one example contained in the financing of mortgage products (mortgage).

            Sale and purchase existing loans in Islamic banks is different from sale and purchase credits that often in the community. Islamic banks apply to the purchase of credit murabaha contract, where the contract is a sale and purchase murabaha sharia credit. Murabaha contract is a purchase transaction in which the bank put the profits. Bank acting as the seller, while the buyer's customer. selling price is the purchase price plus the banks of the supplier profit (margin). In banking murabaha always done by installment payments (bi tsaman ajil or muajjal). In this transaction the goods are delivered immediately after the ceremony, while the payment is made in tough / installment.[3]

Credit is practiced in Islamic banks must comply with the principle of the loan that is the foundation of trust between the bank and its customers, because sale and purchase these loans are very vulnerable to the presence of default on the part of customers who do not keep their promises in a murabaha financing with the credit system.




[1] Ismail, Manajemen Perbankan: Dari Teori Menuju Aplikasi.(Jakarta:Kencana, 2010), h. 93.
[2] Burhanuddin S, Hukum Kontrak Syariah  (Yogyakarta: BPFE YOGYAKARTA, 2009), h. 238
[3] Karim, Bank Islam Analisis Fiqh dan Keuangan (Jakarta: PT Raja Grafindo Persada, 2006), h. 98.

1 komentar: