Sejarah Pemikiran Ekonomi Islam Dari Masa Klasik Hingga Kontemporer. Depok: Gramata Publishing.Īyob, Syeikh Hassan. Therefore, Islam forbids the perpetrators of ihtikâr and siyasa al-ighraq and they belong to the category of buying and selling that is prohibited in Islam.Īl-Jamal, Ibrahim Muhammad. In economics, the practice of ihtikâr and siyasa al-ighraq are often carried out by business actors in seizing economic markets, this will have an impact on the economy that is causing unhealthy competition and will ultimately result in disruption of market mechanisms. While siyasa al-ighraq (dumping/ price dropping) is a trading activity that aims to make a profit by selling goods at a price lower than the prevailing market price and in practice can lead to unhealthy competition and can disrupt the stability of market prices. Ihtikâr is the practice of hoarding goods so that the goods circulating in the community are reduced, then the price rises, which the hoarder has a large profit, while the community is disadvantaged.

The existence of this discussion is related to the concept of buying and selling that is prohibited in Islam including ihtikâr and siyasa al-ighraq. In Islam, the concept of buying and selling must be based on values and ethics derived from the basic values of religion that uphold honesty and justice.

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