Analysis of Buying Practice In Papringan Market, Temanggung
Sekar Aji Widyastiti(a)*, Annas Kurnia Rahmatika(a), Ririn Andriyani(a), Andi Triyanto(a)
Islamic Economics Law, Universitas Muhammadiyah Magelang, Indonesia
*corresponding author: sekarajiwidyastiti[at]gmail.com
Abstract
Papringan market has a unique marketing strategy in using bamboo money as a medium of exchange. However, the government regulations of the law number 7 article 21/2011 about the obligation to use Rupiah as the official currency for transactions, whereas in Islamic rules there is a prohibition on the practice of fadl usury. The research aims to determine the legal suitability of the use of bamboo money for transaction in Papringan market, Temanggung. We use the descriptive qualitative research method. The data collection techniques that used were observation and interviews. The results indicate that the government positive law doesn-t permit for using other media as an official transaction than Rupiah. on the other hand, the Islamic perspective which is keeping eye on fadl usury in using money as a transaction, but there is no fadl usury if it uses the bamboo. It shows that bamboo money as a media transfer from Rupiah is able to be used because it-s appropriate and does not violate the rules of Islamic law.
Keywords: Papringan Market, Transaction, Positive Law, Islamic Law
Topic: Religious Studies