Sharia Pawnshop : The Pawnshops Issue Sharia Based Products

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Rijal Allamah Harahap, Kamaruddin, Andri Soemitra, Iskandar Muda

Abstract

Pawning is one type of debt-receivable agreement and pawnshop is a financial institution, which also encourages the survival of Shariah Economics. The legitimacy of this pawn practice has existed since the time of the Prophet Muhammad, where the Prophet Muhammad himself carried out this practice. This study was purposed to analyze Islamic law on the pawn system in shariah pawnshops; the pillars that must be fulfilled when partnering with shariah pawnshops; pawn system in sharia pawnshops; and the factors that influence the pawn interest in shariah pawnshops. This research type was a qualitative descriptive study with a literature study approach sourced from books, literature, theses, and library materials related to the purpose of this study. This literature research was conducted during the period of 2015-2020 used 38 published fulltext literature.

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