Legal Implications of Sharia Credit in Reducing Social and Economic Inequality

Legal Implications of Sharia Credit in Reducing Social and Economic Inequality

Authors

  • Siti Ropiah STAI Haji Agus Salim Cikarang Bekasi

Keywords:

Islamic Credit, Buying and Selling, Social Inequality, Islamic Law, Inclusive Economy.

Abstract

Objective: This study examines the legal implications of sharia-based credit transactions in reducing social and economic inequality in society. Financing systems based on sharia contracts, such as murabahah and ijarah, are considered to provide more inclusive access for low-income communities, thereby contributing to economic equality. Novelty: The main focus is the analysis of the application of Islamic law to credit-based transactions, by assessing the extent to which the principles of justice and economic sustainability are applied in sharia banking. Methods: Through a qualitative approach based on normative and empirical legal studies, this study finds that sharia-based credit transactions have significant potential to support community economic development. Results: However, there are challenges in implementation, such as the need for further transparency and supervision of abuse of the sharia-based credit system. Conclusion: In conclusion, optimizing sharia law in credit-based transaction mechanisms can have a positive impact on reducing social inequality, as long as the system is implemented with the principles of justice, benefit, and accountability.

Additional Files

Published

2025-04-23

How to Cite

Siti Ropiah. (2025). Legal Implications of Sharia Credit in Reducing Social and Economic Inequality. EduBase : Journal of Basic Education, 6(1), 107–119. Retrieved from https://journal.ljpi.bbc.ac.id/edubase/article/view/369
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