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    Noor Aznir Nizam Noordin
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    The document contains figures and tables outlining Sharīʿah contracts and principles as well as Indonesia's milestones for Islamic economic development from 2019 to 2024. Figure 5.1 classifies different types of Sharīʿah contracts including exchange, partnership, agency, charity and security contracts. It also lists supporting contracts and principles. Figure 3.4 shows a traditional monetary transmission mechanism illustrating how policy instruments, money supply, and interest rates affect investment, consumption, output and price levels. The text then outlines Indonesia's milestones for Islamic economic development which include strengthening legal aspects and coordination, launching a national campaign on halal lifestyle, and establishing various halal-focused organizations and funds to encourage the domestic halal industry

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    The document contains figures and tables outlining Sharīʿah contracts and principles as well as Indonesia's milestones for Islamic economic development from 2019 to 2024. Figure 5.1 classifies different types of Sharīʿah contracts including exchange, partnership, agency, charity and security contracts. It also lists supporting contracts and principles. Figure 3.4 shows a traditional monetary transmission mechanism illustrating how policy instruments, money supply, and interest rates affect investment, consumption, output and price levels. The text then outlines Indonesia's milestones for Islamic economic development which include strengthening legal aspects and coordination, launching a national campaign on halal lifestyle, and establishing various halal-focused organizations and funds to encourage the domestic halal industry

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    5 views2 pages

    Mindad

    Uploaded by

    Noor Aznir Nizam Noordin
    The document contains figures and tables outlining Sharīʿah contracts and principles as well as Indonesia's milestones for Islamic economic development from 2019 to 2024. Figure 5.1 classifies different types of Sharīʿah contracts including exchange, partnership, agency, charity and security contracts. It also lists supporting contracts and principles. Figure 3.4 shows a traditional monetary transmission mechanism illustrating how policy instruments, money supply, and interest rates affect investment, consumption, output and price levels. The text then outlines Indonesia's milestones for Islamic economic development which include strengthening legal aspects and coordination, launching a national campaign on halal lifestyle, and establishing various halal-focused organizations and funds to encourage the domestic halal industry

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    of 2

    Financial Transport Insurance Commercial Official

    documents documents documents documents documents

    Figure 5.1 Classification of Sharīʿah Contracts and Principles

    Sharīʿah contracts

    Supporting
    Exchange Partnership Agency Charity Security contracts and
    contracts contracts contract contracts contracts principles

    Bayʿ al- Bayʿ Mushārakah Wakālah Qarḍ Kafālah Waʿd


    murābaḥah al-istiṣnāʿ

    Muḍārabah Wadīʿah Rahn Ḥiwālah


    Bayʿ al- Bayʿ al-
    salam istijrār
    Hibah Muqāṣṣah
    Bayʿ al-ʿīnah Tawarruq
    Ibrāʾ
    Bayʿ al-dayn Bayʿ al-ṣarf

    Ijārah

    Sale of debt

    To debtor To non-debtor

    Sale of commodity Sale of usufruct or Debt with excessive


    Permitted with Sale of monetary
    debt: service debt: gharar:
    conditions debt against:
    Not permitted Not permitted Not permitted

    Cash: Monetary debt: Usufruct or


    Commodity: service:
    Not permitted Not permitted

    Ascertained spot
    Spot delivery:
    delivery:
    Permitted
    Permitted

    Deferred Unascertained
    delivery: delivery:
    Not permitted Not permitted
    Figure 3.4 Traditional Monetary Transmission Mechanism

    Investment Real
    Policy
    Money Interest and Output or
    Instru-
    Supply Rate Consump- the Price
    ments
    tion Level

    Milestones for Islamic Economic Development


    2019 2020 2021 2022 2023 2024

    Strengthening legal aspect and coordination

    National Campaign on 'Halal Lifestyle'

    Encourage the establishment of National Halal Fund

    Establishment of Halal Hub to strengthen domestic halal industry

    Establishment and activation of Islamic Inclusive Financial Services


    Board that is based in Indonesia

    Strengthening cooperation of international


    economy through international halal center

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