Development of Qardh Contract Financing Inclusion in Sharia Banking
Keywords:
Akad Qardh, Financing, Sharia Banking, Sharia Finance, Financial Inclusion, Social FinancingAbstract
The concept of Qardh in Muamalah jurisprudence and its implementation in financial institutions, especially in Islamic banking, remains a subject of discussion. This article examines the qardh contract from its conceptual foundation in Muamalah jurisprudence to its implementation and practice in Islamic banks. This research employs qualitative methods with a library research approach. The results show that the application of qardh in various sectors of Islamic banking demonstrates the flexibility and relevance of this contract in diverse economic and social contexts. Furthermore, the development of the qardh contract indicates strong interest in improving its effectiveness within Islamic finance. However, several issues still require attention, highlighting the complexity and challenges in Islamic financial practice. Finally, the repayment mechanism emphasizes the importance of ensuring that the implementation of the qardh contract is conducted transparently and in accordance with applicable sharia principles.
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