Analysis of Buying in Papringan Market of Temanggung

DOI

10.2991/assehr.k.200529.185How to use a DOI?

Keywords

Papringan market, transaction, positive law, Islamic law

Abstract

Papringan market has a unique marketing strategy in using bamboo money as a medium of exchange. However, the government regulations of law number 7 article 21/2011 about the obligation to use Rupiah as the official currency for transactions, whereas in Islamic rules there is a prohibition on the practice of fadl usury. The research aims to determine the legal suitability of the use of bamboo money for transactions in the Papringan market, Temanggung. We use the descriptive qualitative research method. The data collection techniques used were observation and interviews. The results indicate that the government positive law doesn’t permit using other media as an official transaction than Rupiah. on the other hand, the Islamic perspective is keeping eye on fadl usury in using money as a transaction, but there is no fadl usury if it uses the bamboo. It shows that bamboo money as a media transfer from Rupiah is able to be used because it’s appropriate and does not violate the rules of Islamic law.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Sekar Aji Widyastiti
AU  - Annas Kurnia Rahmatika
AU  - Ririn Andriyani
AU  - Andi Triyanto
PY  - 2020
DA  - 2020/05/04
TI  - Analysis of Buying in Papringan Market of Temanggung
BT  - Proceedings of the 1st Borobudur International Symposium on Humanities, Economics and Social Sciences (BIS-HESS 2019)
PB  - Atlantis Press
SP  - 876
EP  - 879
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200529.185
DO  - 10.2991/assehr.k.200529.185
ID  - Widyastiti2020
ER  -