PENERAPAN AKAD KAFALAH BI AL- IJARAH PADA BMT NU CABANG SROYO

Abstract

This study aims to explore the implementation of the kafalah bil ijarah contract at BMT NU Sroyo branch.  This research is a qualitative research, which uses interview techniques and also takes references from several journals and books.  National Sharia Council of the Indonesian Ulema Council (DSN-MUI), after considering a.  whereas one form of Sharia Financial Institution (LKS) service is the provision of a guarantee facility for foreign trade transactions carried out by customers, known as Letter of Credit (L/C);  b.  that in order to meet the needs of such L/C transactions, LKS is obliged to provide a guarantee scheme based on sharia principles;  c.  whereas among the sharia principles in carrying out such transactions is the use of kafalah contracts;  d.  that in order for the L/C activities to be carried out in accordance with sharia principles, DSN-MUI deems it necessary to stipulate a fatwa on Letter Of Credit (L/C) with Kafalah bil Ujrah Akad to be used as guidelines by LKS.  The Word of Allah s.w.t.  QS.  al-Kahf [18]: 19 "So send one of you to the city with this silver of yours. And let him see which food is better, then let him bring you better food, and let him be gentle, and never tell anyone about your things."