Al-Wa‘d as Muhallil of Multi Contract (Ambiguity of Applying Al-Wa’d in Modern Transaction)
Abstract views: 209
,
PDF downloads: 148
Al-Wa’d as Muhallil of Multi Contract: Ambiguity of Applying al-Wa’d in Modern Transaction downloads: 0
Abstract
Wa’d (the unilateral promise) is an alternative for separate multi contract in one transaction and ribâ that are prohibited with Islamic law. The application of this promise faces difficulty because of difference of principle between unilateral promise that is not binding and the business practice that based on rule of law. The fatwa of DSN, in one side, use both unilateral promise (wa’d) and bilateral promise (muwâ’adah), and other side, consider such as binding in case and not binding in other case. This indicates the difficulty for applying wa’d at the modern contract. Fatwa of DSN has tendency on binding the promise, especially uni-lateral promise. The consequence of this binding is the confusion between promise and contract and the perform of both at the transaction.
Copyright (c) 2016 by KARSA. All right reserved
Downloads
References
‘Âbidîn, Ibn. Radd al-Mukhtâr ‘alâ Dar al-Mukhtâr, Vol. 2. Cairo: Al-Munîrah, nd.
‘Abd al-Rahmân, Ramadlân Hâfizh. Al-Buyû‘ al-Dhârrah. Cairo: Dâr al-Salâm, 2006.
Bank Negara Malaysia. Resolusi Syariah dalam Kewangan Islam. Malaysia: Bank Negara Malaysia, 2010.
Dewan Syariah Nasional and BI. Himpunan Fatwa Dewan Syariah Nasional Majelis Ulama Indonesia, Vol. 2. Jakarta: DSN and BI, 2010.
DSN and BI. Himpunan Fatwa Dewan Syariah Nasional MUI, Vol. 1. Jakarta: DSN-BI, 2006.
Hasanuddin. Konsep dan Standar Multi Akad dalam Fatwa Dewan Syariah Nasional Majelis Ulama Indonesia. Dissertation, Syarif Hidayatullah State Islamic University Jakarta, 2008.
Hathâb, Kamâl Taufîq Muhammad, Jurnal Dirâsat Iqtishâdîyah Islâmîyah, Vol. 2, No. 10, 2014.
Hazm, Abû Muhammad ‘Alî ibn Ahmad ibn Sa‘îd ibn. Al-Muhallâ, Vol. 8. Cairo: Dâr al-Ittihâd al-‘Arabî, 1968.
Humâm, Kamâl al-Dîn ibn. Fath al-Qadîr. Beirut: Dâr al-Kutub al-‘Ilmîyah, 1415 H.
Ibrâhîm, Muhammad ibn. Al-Hiyâl al-Fiqhîyah fî al-Mu‘âmalât al-Mâlîyah. Cairo: Dâr al-Salâm, 2009.
Islambûlî, Ahmad Muhammad Khalîl al-. “Hukm al-Wa’d fi al-Fiqh al-Islâmî wa Tathbîqâtuh al-Mu’âshirah”. Al-Iqtishâd al-Islmâmî Journal, King Abdul Aziz University, Vol. 16, No. 2, (2003), pp. 45-46.
Jordanian Fatwa Commission, No. 932, September 26, 2010, DSN http://www.aliftaa.jo/index.php/ar/fatwa/show/id/608, on November 15, 2010.
Kamali, Mohammad Hashim. “A Sharia Analysis of Issues in Islamic Leasing”. The Journal of Islamic Economic of King Abdul Aziz University, Vol. 20, No. 1 (2007).
Kasmir. Bank dan Lembaga Keuangan Lainnya. Jakarta: Raja Grafindo Persada, 2005.
Lewis, Mervyn K. “In what ways does Islamic banking differ from conventional finance?”. Journal of Islamic Economic, Banking, and Finance, Vol. 4, No. 3 (September-December 2008).
Ma‘lûf, Louis. Al-Munjid fî al-Lughah wa-al-A‘lâm. Beirut: Dâr al-Masyriq, 1986.
Mahmashânî, Shubhî. Al-Nazharîyah al-‘Âmmah li al-Mûjibât wa al-‘Uqûd fî al-Syarî‘ah al-Islâmîyah. Beirut: Dâr al-‘Ilm li al-Malâyîn, 1983.
Majma’ al-Fiqh al-Islami’s decision No. 5-3. DSN http://www.fiqhacademy.org.sa/qrarat/5-3.htm. (Accessed on January 12, 2016).
Majma‘ al-Fiqh al-Islâmî’s (Islamic Fiqh Academy) decision, No. 110 (12/4), during the twelfth conference on September 23-28, 2000 in Riyâdl. DSN http://www.fiqhacademy.org.sa/qrarat/5-2/3.htm, (Accessed on July 3, 2011).
Majma‘ al-Fiqh al-Islâmî. “Al-Ittijâr fi al-‘Umalât”. DSN http://www.fiqhacademy.org.sa/qrarat/5-2/3.htm, (Accessed on July 3, 2011).
Majma‘ al-Fiqh al-Islâmî. “Al-Wafâ bil-Wa‘ad wal-Murâbahah li al-Âmir bi al-Syirâ`”. DSN http://www.fiqhacademy.org.sa/qrarat/5-2/3.htm, (Accesed on July 3, 2011).
Maksum, Muhammad. Fatwa Ekonomi Syariah di Indonesia, Malaysia, dan Timur Tengah. Jakarta: Badan Litbang dan Diklat Kemenag RI, 2013.
Maksum, Muhammad. “Economics Ethics in the Fatwa of Islamic Economics”, Jurnal Al-Ulum, Vol. 15 No.1 (June, 2015)
Maqdisî, Ibn Qudâmah al-. Al-Mughnî. Vol. 5. Cairo: Dâr al-Hadîts, 2004.
Mubarok, Jaih dan Hasanudi. “Teori al-Wa’d dan Implementasinya dalam Regulasi Bisnis Syariah”, Jurnal Al-Ahkam, Vol. XII No. 2 (2012)
Muhammad, ‘Alî Jum‘ah. No. 279 “Al-Bay‘ bi al-Taqsît” November, 17 2005, DSN http://www.dar-al-ifta.org, (Accessed on December 23, 2010).
Muhammad, ‘Alî Jum‘ah. Fatâwá al-Mu‘âmalât al-Mâlîyah li al-Mashârif wa al-Muassasât al-Mâlîyah al-Islâmîyah, Vol. 1. Cairo: Dâr al-Salâm, 2010.
Qal‘ahjî, Muhammad Rawâs. Al-Mu’âmalât al-Mâliyah al-Mu’â-shirah fî Dlaw`i al-Fiqh wa al-Syarî’ah. Beirut: Dâr al-Nafâ`is, 1999.
Razîn, Ahmad ibn Muhammad al-. “Hukm al-Iltizâm bi al-Wafâ’ bi al-Wa’d”. An article on http://almoslim.net/node/82806, (Accessed on January 20, 2016).
Saeed, Abdullah. Menyoal Bank Syariah, Kritik Atas Interpretasi Bunga Bank Kaum Neo-Revivalis. Jakarta: Paramadina, 2006.
Sarkhasî, Syams al-Dîn al-. Al-Mabsûth. Vol. 3. Beirut: Dâr al-Ma’rifah, 1986.
Sibhânî, ‘Abd al-Jabbâr Hamd ‘Abîd al-. “Mulâhâzhât fî Fiqh al-Shayrafah al-Islâmîyah”. The Journal of Islamic Economic of King Abdul Aziz University, Vol. 16, No. 1 (2003).
Subekti. Pokok-pokok Hukum Perdata. Ja-karta: Intermasa, 1982.
Suwaylim, Sâmî Ibrâhîm al-. “Al-Wa-sâthah al-Mâlîyah fî al-Iqtishâd al-Islâmî.” The Journal of Islamic Economic of King Abdul Aziz University, Vol. 10, No. 1 (1998).
Syâfi‘î, Muhammad ibn Idrîs al-. Al-Umm, Vol. 3. Al-Manshûrah: Dâr al-Wafâ`, 2005.
Syarbînî, Muhammad al-Khathîb al-. Mughnî al-Muhtâj ilâ Ma‘rifah Ma‘ânî al-Minhâj. Vol. 2. Beirut: Dâr al-Fikr, nd.
The Fatwa by the Islamic Financial Services Board, Kuwait, No. 28. DSN http://moamlat.al-islam.com, (Accessed on June 9, 2012).
The Fatwa by the Islamic Financial Services Board, Kuwait, No. 2, 5, 17, and 140. DSN http://moamlat.al-islam.com, (Accessed on June 9, 2012).
Tim Penyusun. Kamus Besar Bahasa Indonesia. 2nd Edition. Jakarta: Balai Pustaka, 1996.
Vogel, Frank E. and Samuel L. Hayes. Islamic Law and Finance: Religion, Risk, and Return. The Nether-lands: Kluwer Law International, 1998.
Za‘tarî, ‘Alá` al-Dîn al-. “Al-‘Uqûd wa Ma‘nâ Takyîfihâ al-Syar‘î”. downloaded on July 20, 2011 on http://www.alzatari.org/showart_details.php?id=103.
Zuhaylî, Wahbah al-. Al-Mu‘âmalât al-Mâlîyah al-Mu‘âshirah. Damascus: Dâr al-Fikr, 2002.
Zuhaylî, Wahbah al-. Al-Fiqh al-Islâmî wa Adillatuh, Vol. 4 Syiria: Dâr al-Fikr, 2006.
The journal operates an Open Access policy under a Creative Commons Non-Commercial Share-Alike license. Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
