Law And Ethics Of Debt: Strengthening Understanding Of Members Of The Special Branch Of Muhammadiyah Malaysia

Abstract

To fulfill the needs of life in Malaysia, some members of the Muhammadiyah Special Branch Malaysia conduct debt and credit transactions. The problem is that many must realize that laws and ethics must be followed. They do not know that usury, which Allah and His Messenger prohibit, is found in many debt transactions. The activities in this International Community Service scheme are carried out with the aim that their understanding of the laws and ethics of debt and credit according to Islamic Sharia increases. The implementation method is through intensive study in material presentation, discussion and case study on the law and ethics of debt. In addition, MUI Fatwa No. 1 of 2004 on Interest and Fatwa of the Tarjih and Tajdid Assembly of the Muhammadiyah Central Leadership No. 08 of 2006 on the Fatwa Haram on Bank Interest were discussed. The community service was conducted at the Malaysian PCIM office in Kuala Lumpur. The members of PCIM Malaysia benefited greatly because their understanding of the laws and ethics of accounts receivable according to Islamic Sharia increased and became stronger