DAMPAK IHTIKAR TERHADAP MEKANISME PASAR DALAM PERSPEKTIF ISLAM

Abstract

This article is intended to explore the impact of ihtikar on market mechanisms in Islamic
perspective. It provides a clear conceptual description of the effects of deviant actions in the market
mechanism, namely ihtikar actions. Then the concept can be used as an analysis for the role of government
as a regulator of the market. This research is a library research with a qualitative approach. The analysis
process will be described using the content analysis technique. The impact arising from the practice of
ihtikar is the practice of ihtikar disrupting the smooth transactions in the market, where producers get
huge profits while consumers suffer losses because producers take profits above the price they should. The
practice of ihtikar will disrupt the market mechanism, where producers will then sell at a price higher
than the normal price. It can be assumed the practice of ihtikar in trading includes acts that are very
immoral and also inhumane, because such trade practices create many disadvantages for human life.