JURIDICAL ANALYSIS OF MONOPOLISTIC PRACTICES FROM ISLAMIC ECONOMIC LAW PERSPECTIVE
ANALISIS YURIDIS TERHADAP PRAKTIK MONOPOLI DALAM PERSPEKTIF HUKUM EKONOMI SYARIAH
Keywords:
Monopoly, Ihtikar, Islamic Economic Law, Economic Justice, MaslahahAbstract
This research examines monopolistic practices from the perspective of Islamic economic law through juridical analysis of Islamic legal sources and their comparison with contemporary anti-monopoly regulations. Using normative juridical research methods and a comparative approach, this research identifies that monopolistic practices (ihtikar) are explicitly prohib-ited in Islamic economic law as they contradict the principles of justice ('adalah), balance (tawazun), and public welfare (maslahah 'ammah). The results show that monopoly in the Islamic perspective is not limited to commodity hoarding (ihtikar) but also encompasses market domination practices that impede fair competition (ghaban) and exploitation of con-sumers. This research identifies four main criteria in determining monopo-listic practices prohibited according to Islamic law: restriction of access to basic needs, price manipulation, consumer exploitation, and competitive barriers that harm society. This analysis provides a theoretical foundation for developing an anti-monopoly regulatory framework that aligns with Islamic principles while responding to contemporary market dynamics.
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