Implementation of the Islamic Economics in the Traditional Market of Brebes Regency
Abstract
The concept of Islamic Economics emphasizes that market Trading and pricing need to be regulated to uphold market balance and economic justice in view of interests of those involved in the market. This study aims to analyze the Islamic Economy’s observance in accordance with Islamic sharia in the traditional markets, the number of merchant populations used as samples was 138 people, the research method uses qualitative descriptive, data collection techniques by observation and structured interviews. The results showed that traders in the traditional market of Manis Kosambi Cikakak Village had practiced trade with Islamic Business Ethics. The Practice of Islamic Economy in the Traditional Market of Brebes Regency had been carried out by most traders almost 84.8%. The system of commerce with the islamic economy is rooted in and habutual practices with islamic business ethics, doing bussiness by selling clean products, honesty, openness, fair, and by backing out of riba, or loan shark has been accustomed by traditional merchants of Brebes Regency in Manis Kosambi market Cikakak Village of Brebes Regency
Keywords: Islamic Economic Traditional Market
Downloads
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-ShareAlike 4.0 International. 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.
