Sarwo Edi, Julfan Saputra, Asmaul Husna
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Sarwo Edi:
Universitas Muhammadiyah Sumatera Utara
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Julfan Saputra:
Universitas Islam Negeri Sumatera Utara
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Asmaul Husna:
Universitas Islam Negeri Sumatera Utara
Abstract
This paper is a literature review that aims to determine the market mechanism in the context of Islam. The methodology used is a review of studies and books both on a local Indonesian scale and on an international scale. In contrast to conventional systems, the concept of Islamic Economics emphasizes that market mechanisms and price fixing need to be regulated to achieve market equilibrium and economic justice by considering the urgency of the parties involved in the market. Fair and fair prices are prices obtained based on the power of supply (supply) and demand (demand). In the event of unfair actions that result in market distortions or prices are not at their equilibrium point, the government plays a very important role in taking regulations in the form of price fixing by looking at the factors that cause these distortions and returning prices to the original equilibrium point.
Keywords
Mekanisme Pasar; Penetapan Harga; Penetapan Harga Yang Adil; Distorsi Pasar; Regulasi
Article Information
This article has been peer-reviewed and published in the Jurnal EMT KITA. The content is available under the terms of the Creative Commons Attribution 4.0 International License.
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Issue: Vol. 6 No. 1 (2022)
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Section: Articles
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Published: 2022-01-01
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License: CC BY 4.0
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Copyright: © 2022 Authors
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DOI: 10.35870/emt.v6i1.477
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Sarwo Edi, Universitas Muhammadiyah Sumatera Utara
Universitas Muhammadiyah Sumatera Utara, Medan, Provinsi Sumatera Utara, Indonesia
Julfan Saputra, Universitas Islam Negeri Sumatera Utara
Universitas Islam Negeri Sumatera Utara, Medan, Provinsi Sumatera Utara, Indonesia
Asmaul Husna, Universitas Islam Negeri Sumatera Utara
Universitas Islam Negeri Sumatera Utara, Medan, Provinsi Sumatera Utara, Indonesia
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