Riba pada Obligasi Konvensional dalam Perspektif Islam

(Analisis Obligasi Negara Ritel (ORI) SERI ORI023T3)

Abstract

As Muslim investors, of course we are not only concerned with profits and losses, but we must also prioritize halal and haram in accordance with what has been established in the principles of Islamic economics and include beneficial values. The aim of this research is to examine in more detail the practice of conventional bonds so that we can clearly understand what practices are prohibited and what are permitted in investing in bonds so that it is not just an opinion that claims usury in
conventional bonds. The method used is the normative Islamic economic studies research method (normative economic studies) with a qualitative approach, data is collected by researchers using library study techniques and analyzed by reducing the data then the data is presented for verification
and conclusions are drawn. The findings from this research are that there are indications of usury from conventional debt practices because bonds are debt securities and basically the debt giver or investor is not allowed to take advantage of the funds invested and these benefits are also stated and become binding provisions at the time the agreement occurs, whereas The term buying and selling bonds is an inaccurate term because the terms and conditions for buying and selling bonds are not fulfilled