Pandangan Ekonomi Islam Terhadap Mata Uang

Abstract

This study aims to determine the function of money in the Islamic economic system. This study is a type of library study that focuses on how Islam regulates the use of money in the economic system. Based on the analysis results, it can be concluded that: 1) The function of money from the perspective of Islamic economics has only two functions, which are: (a) money is a unit of value or price standard (calculation unit) and (b) money is a medium of exchange. 2) The function of money from an economic perspective usually has 4 functions, which are: (a) money is a unit of accounting, (b) money is a unit of transaction (median of exchange), ( c) money is a unit of storage of value, (d) money is a standard unit of future payment (deferred payment standard). 3) In a conventional economic system, money has more than just a function legal capacity to pay (legal lender) but also a commodity. Meanwhile, in the Islamic economic system, money is only a medium of exchange and not an exchangeable commodity.