The Theory of Riba Justice in Banking Practice Sharia Economy Perspective

Abstract

This study is a study that will discuss how the Islamic economic view is related to the interest system that exists in banking, whether it is included in the prohibited usury or the permitted usury. There are many theories that have emerged trying to find justification related to the permissibility of the interest system in banking practice, some of which are abstinence, opportunity cost, inflation, the absolute productivity of capital, and the assumption that interest is a reward that arises from rent. These theories emerged as an attempt to validate that it was justified for borrowers of money to give extra money when returning to those who lent money. Regardless of whether the borrower of money gets a profit or loss as a result of an additional that must be returned. This research is a qualitative research that uses a literature review approach by reviewing various kinds of literature related to the discussion of interest in banking and usury. Sharia Economics exists as an answer to the existing interest problems in banking. In Islamic Economics, bank interest is included in the category of usury which is prohibited in Islam, seen from various perspectives, both according to the rules written in the Qur'an and Hadith, as well as in terms of social, economic and benefits impacts