Search engine for discovering works of Art, research articles, and books related to Art and Culture
Javascript must be enabled to continue!
Retail Forex Trading in the Period of Rupiah Depreciation: Analysis of Taqabudh Hukmi and Maysir
View through CrossRef
Rupiah depreciation triggers digital retail forex trading growth, raising concerns over Sharia compliance regarding taqabudh hukmi (legal delivery) and maysir (speculation). This normative juridical study analyzes digital forex trading based on Fatwa DSN-MUI No. 28/DSN-MUI/III/2002 using a conceptual approach. The results indicate that Contracts for Difference (CFD) mechanisms fail to satisfy taqabudh hukmi because actual currency ownership is never transferred. Additionally, high leverage and speculative orientations amplify maysir characteristics. Consequently, retail forex trading via CFDs is non-compliant with Sharia principles. These findings highlight the urgent need for robust regulatory enforcement and enhanced Sharia financial literacy in digital foreign exchange.
Title: Retail Forex Trading in the Period of Rupiah Depreciation: Analysis of Taqabudh Hukmi and Maysir
Description:
Rupiah depreciation triggers digital retail forex trading growth, raising concerns over Sharia compliance regarding taqabudh hukmi (legal delivery) and maysir (speculation).
This normative juridical study analyzes digital forex trading based on Fatwa DSN-MUI No.
28/DSN-MUI/III/2002 using a conceptual approach.
The results indicate that Contracts for Difference (CFD) mechanisms fail to satisfy taqabudh hukmi because actual currency ownership is never transferred.
Additionally, high leverage and speculative orientations amplify maysir characteristics.
Consequently, retail forex trading via CFDs is non-compliant with Sharia principles.
These findings highlight the urgent need for robust regulatory enforcement and enhanced Sharia financial literacy in digital foreign exchange.
Related Results
Technical Analysis in Financial Markets
Technical Analysis in Financial Markets
The efficient markets hypothesis states that in highly competitive and developed markets it is impossible to derive a trading strategy that can generate persistent excess profits a...
Depreciation as a source of investment resources of an agricultural enterprise
Depreciation as a source of investment resources of an agricultural enterprise
Purpose. The aim of the article is generalization of scientists' approaches to the recognition of depreciation as a source of investment resources of agricultural enterprises and d...
Perkembangan dan Resepsi Tafsir Hukmi di Kalangan Ulama
Perkembangan dan Resepsi Tafsir Hukmi di Kalangan Ulama
Tafsir hukmi merupakan pendekatan interpretasi Al-Qur'an yang fokus pada aspek-aspek hukum dan normatif dalam teks suci Islam. Penelitian ini menganalisis dari latar belakang kemun...
Human Resource Practices In The Organised Retail Sectors
Human Resource Practices In The Organised Retail Sectors
Indian organized retail market is growing at a fast pace due to the boom in the India retail industry. In 2005, the retail industry in India amounted to Rs 10,000 billion accountin...
Relationship between Risk Management and Investment Strategy on Profit Forex Trading Online Gold
Relationship between Risk Management and Investment Strategy on Profit Forex Trading Online Gold
This study aims to analyze the effect of risk management and investment strategy on online forex trading, as well as the effect of risk management, investment strategy, and online ...
Jual Beli Mata Uang Sistem Trading Forex dalam Perspektif Hukum Islam
Jual Beli Mata Uang Sistem Trading Forex dalam Perspektif Hukum Islam
This research aims to find out and understand the laws of buying and selling currency online forex trading systems. The issues raised in this study are; First, how to buy and sell ...
GENESIS OF THE CATEGORY «RETAIL» AND ITS CONCEPT OF «NETWORK RETAIL»
GENESIS OF THE CATEGORY «RETAIL» AND ITS CONCEPT OF «NETWORK RETAIL»
In today's globalized environment, retail trade is actively developing, adapting to a tough competitive environment by evolving into integrated models of retail development. This i...
Predicting Rupiah Sentiment Using Social Sentiment Analysis
Predicting Rupiah Sentiment Using Social Sentiment Analysis
In recent years, the behavior of foreign currency exchange rates (FOREX) has attracted a lot of attention from policy makers, investors, academics and regulators because due to its...