THE FUNCTION OF MONEY AS A MEDIUM OF EXCHANGE (MEDIUM OF EXCHANGE) IN ISLAMIC LAW

Syofiaty Lubis

Abstract


Study This aiming For to study function uan as tool exchange ( medium of change ) with use method study bibliography . Research explain How the concept of money in Islam and the function of money as tool exchange ( medium of exchange ). The experts Islamic economics recognizes the benefits of money as a medium of exchange . In the system Islamic economics , money only functioning as tool exchange (medium of exchange) and not as commodities that can traded . When money is treated as commodities by system capitalist , grow what is called the money market. This money market produce economy conventional , especially the emergence of derivatives markets , which use instrument flowers . Therefore that , money is not may So commodity trading like goods others . In Islamic law , money is not may traded except with condition must cash and must for example ( same ).


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DOI: https://doi.org/10.3059/insis.v0i0.28972

DOI (PDF): https://doi.org/10.3059/insis.v0i0.28972.g15013

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