E-Commerce Based on the Law of Buying and Selling in Islam

Abstract

The digital era that is growing so rapidly affects the sales system in the world. With the industrial revolution 4.0, e-commerce is rapidly expanding to meet the needs of millennial. However, from the estimated E-Commerce sales there is less trust in E-Commerce based on sharia law. Transaction in the E-Commerce needs to be studied in Islamic law to provide a legal basis for the transaction. Many discussions need to be discussed regarding E-Commerce, starting from transactions, payment systems, producer rights, consumer rights and the law of buying and selling E-Commerce itself. This study aims to find out how the law of buying and selling contained in Islamic E-Commerce and whether the payment system and the rights of consumers and producers are also in accordance with sharia. This study uses literature qualitative research methods with resources taken from secondary sources in the form of books, journals and rules of law relating to buying and selling. This paper uses descriptive analysis content. The results of this study indicate that Islam supports E-Commerce in order to continue to develop based on sharia principles.


 


 


Keywords: E-commerce, the law of buying and selling, Islam

References
[1] Al-Qur’an


[2] Al-Hadits


[3] Al-aaidroos, M., Jailani, N., & Mukhtar, M. (2017). Expert validation on a reference model for e-auctions that conform to Islamic trading principles. Journal of King Saud University - Computer and Information Sciences. https://doi.org/10.1016/j.jksuci.2017. 10.008


[4] Barkatullah, A. H., & Djumadi. (2018). Does self-regulation provide legal protection and security to e-commerce consumers? Electronic Commerce Research and Applications, 30(May), 94–101. https://doi.org/10.1016/j.elerap.2018.05.008


[5] Kwak, J., Zhang, Y., & Yu, J. (2018). Legitimacy building and e-commerce platform development in China: The experience of Alibaba. Technological Forecasting and Social Change, (April 2017), 0–1. https://doi.org/10.1016/j.techfore.2018.06.038


[6] Mertzanis, C. (2016). The absorption of financial services in an Islamic environment. Journal of Economic Behavior and Organization, 132, 216–236. https://doi.org/10. 1016/j.jebo.2016.10.025


[7] Mokhtar, A. H. A., Muhammad, M. Z., Amboala, T., & E-Alam, M. S. (2013). Bai As-Salam and E-Commerce: A Comparative Analysis From Shariah Perspectives. Proceedings of the 2nd Applied International Business Conference (AIBC2013), (December), 522–529. Retrieved from http://umkeprints.umk.edu.my/2474/1/Conference2.pdf


[8] Ribadu, M. B., & Wan Ab. Rahman, W. N. (2017). An integrated approach towards Sharia compliance E-commerce trust. Applied Computing and Informatics. https: //doi.org/10.1016/j.aci.2017.09.002


[9] Zainul, N., Osman, F., & Mazlan, S. H. (2004). E-Commerce from an Islamic perspective. Electronic Commerce Research and Applications, 3(3), 280–293. https://doi.org/10.1016/j.elerap.2004.01.002


[10] Abidin, B. I. (2008). Revealing the Economic Thought of Classical ULama. Solo: Aqwam.


[11] Arifin, J. (2008). Islamic Business Ethics. Semarang: Walisongo Press.


[12] Ash-Shiddiqy, H. (1974). Fiqh Muamalah. Jakarta: Bulan Bntang.


[13] Az-Zuhaili, W. (2011). Islamic Fiqh 5. Jakarta: Gema Insani.


[14] FORDEBI, A. (2017). Islamic Economics and Business: Series of Concepts and Applications in Islamic Economics and Business. Depok: Rajawali Press.


[15] Kunawangsih, P. T., & Antyo, P. (2006). Basic Aspects of microeconomics. Jakarta: Grasindo.


[16] Qardhawi, Y. (2000). Norms and Ethics of Islamic Economics. Jakarta: Gema Insani Press.