The Role of Islamic Investment Ethics in Preventing Fraudulent Investments

Azhar Alam; Sri Herianingrum; Muhamad Nafik Hadi Ryandono; Nur Puji Rohmawati

Article Details

The Role of Islamic Investment Ethics in Preventing Fraudulent Investments

Authors:

Azhar Alam | Sri Herianingrum | Muhamad Nafik Hadi Ryandono | Nur Puji Rohmawati

Publisher:

Perbanas Institute

Main Topics:

Religion | Economics, Econometrics & Finance

Journal:

Perbanas Journal of Islamic Economics and Business Vol.3 Issue mics, pp.0-0

Document Type:

Article

Publication Date:

1/2023

Document Language:

English

Document ID (Org No.):

2001890272

pISSN:

2807-1506

Abstract:

 The case of bulging investment is still rife and causes losses for investors. This study aims to determine the role of Islamic investment ethics in preventing investment based on theoretical studies through a literature review and reinforced by the opinions of religious experts, investment experts, and law enforcement staff. This study used a descriptive qualitative approach using primary data from theoretical studies from various literature sources and interviews with ten people, including religious and investment experts. Moreover, The results show that the role of Islamic investment ethics in preventing investments such as staying away from riba, gharar, and maysir, using the principle "Al-Ghunm bi Al-Ghurm," which means the profit or income obtained is balanced with the losses incurred and uses the principle of prudence in making investments. This study provides advice on the need for education for the community related to investments related to riba, gharar, maysir, and the harmony between risk and profit, and the need for the principle of prudence before making investments that there is no case of bulging investment.

Article Details

The Role of Islamic Investment Ethics in Preventing Fraudulent Investments

Authors: Azhar Alam | Sri Herianingrum | Muhamad Nafik Hadi Ryandono | Nur Puji Rohmawati

Publisher: Perbanas Institute

Main Topics: Religion | Economics, Econometrics & Finance

Journal: Perbanas Journal of Islamic Economics and Business Vol.3 Issue mics, pp.0-0

Document Type: Article

Publication Date: 1/2023

Document Language: English

Document ID (Org No.): 2001890272

pISSN: 2807-1506

Issues

Authors:

Azhar Alam | Sri Herianingrum | Muhamad Nafik Hadi Ryandono | Nur Puji Rohmawati

Publisher:

Perbanas Institute

Main Topics:

Religion | Economics, Econometrics & Finance

Journal:

Perbanas Journal of Islamic Economics and Business Vol.3 Issue mics, pp.0-0

Document Type:

Article

Publication Date:

1/2023

Document Language:

English

Document ID (Org No.):

2001890272

pISSN:

2807-1506