E-Commerce Application According to Islamic Business Ethics

With growing awareness of the internet and its many possibilities, the e-commerce application according to Islamic business ethics can be a very good innovative idea on the growth and development expected in the though Islamically religious, yet business-oriented mind.

Even though profit-making is completely acceptable in Islam, the aim of your business should be to establish a halal way of earning in a manner that would please Allah. Placing profit generation as a secondary goal will benefit you more if you prioritize Islam first.

Secondly, generating a profit is completely permissible in Islam but through the Quran and Hadith, we are provided with complete guidelines on how to do so. Muslims are taught to establish their businesses according to the teachings of Islam and to create their working model based on its guidelines.

The only exception is Riba which is considered as an exploitative tool that widens the gap between the rich and the poor in society. These techniques can be very tempting, but this is the test for Muslims. You see, as long as you keep justice fair enough for all including your employees and of course your main backbone, your customers, running a physical business enterprise or online commerce can never be a problem in Islam.

It is true that the digital era that is growing so rapidly affects the sales system in the world. Transaction in the E-Commerce needs to be studied in Islamic law to provide a legal basis for the transaction. With the internet, human activities in buying and selling transactions have now developed with the use of electronic media.

The activity of buying and selling with electronic media is often referred to as E-Commerce. Electronic commerce, or E-Commerce, is the process of buying and selling goods and services electronically with transaction business computers using the Internet, networks and other digital technologies.

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The Islamic E-Commerce Application

Now, in discussing some of the ethical codes of running the affairs of business according to Islamic beliefs and system, we shall be listing out some cogent points about the e-commerce application according to Islamic business ethics, the whats and the what-nots.

  • Honesty

“Indeed, Allah commands you to render trusts to whom they are due and when you judge between people to judge with justice. Excellent is that which Allah instructs you. Indeed, Allah is ever Hearing and Seeing.” (An-Nisa: 58)

Honesty, sincerity and trust are values that must exist in Islamic business. An entrepreneur must be honest and trustworthy in every business transaction. There is no desire to cheat, lie or promise something that is not appropriate in a business transaction. In fact, every entrepreneur is required to be able to sell his product in order to fulfil his needs.
Tend to use inappropriate methods such as spreading lies so that their products sell well in the market, when advertising images and reality is not appropriate, there tends to be an exaggeration and use a psychological approach to persuade customers to buy according to their current emotional needs, not for needs the truth.
  • Compliance with Sharia

Indeed, Allah commands you to render trusts to whom they are due and when you judge between people to judge with justice. Excellent is that which Allah instructs you. Indeed, Allah is ever Hearing and Seeing. (An-Nisa: 58)

The most important aspect in developing the trust of shariah compliant E-Commerce trust is to ensure compliance with the requirements Islamic law contracts and avoidance of any element of usury gharar, haram and maysir which are fundamentally prohibited.
Then based on research compliance with sharia or syaria compliant imposes constraints on various aspects of economic interaction, ranging from the prohibition of certain business activities to the imposition of alms.
However, this can have a significant influence on behavior because of strong moral values and high religious homogeneity. Therefore the concept of trust is very important in business ethics because without trust, the development of E-Commerce cannot develop optimally.
  • Permissibility in Payment in Transactions

The issue of payment on E-Commerce is the most frequently debated thing. The problem is whether the payment method on E-Commerce is in accordance with Islamic law. There are various types of payment in E-Commerce transactions ranging from transfers, e-money payments to each E-Commerce, on-site payments via credit card.
According to the method of payment using credit and debit cards has been considered a significant problem because of the possibility of usury. This is due to unspecified costs and bank interest gains taken in late payments, most Islamic jurists forbid the use of conventional credit cards.
If it is assumed that using a credit card to complete payments in E-Commerce is permissible or lawful. Halal if the customer pays all bills before the due date. However, the issue of E-Commerce is questionable when the customer only pays a minimum requirement of 15% where the issuing bank will charge a 2% monthly interest rate on the remaining balance.
In connection with this problem, Ustadh Mustafa, argues that there is still no Islamic credit card system, it is recommended to use the murabaha system.
  • Contract and Agreement

“O you who believed, fulfill (all) contracts. Lawful for you are the animals of grazing livestock except for that which is recited to you (in thi Quran) – hunting not being permitted while you are in the state of ihram. Indeed, Allah ordains what He intends.” (Surah Al-Maidah: 1)

Based on the verse, it is concluded about the principle of freedom of contract. In the concept of jurisprudence Muamalah contracts are often referred to as Aqad, which according to the jurists’ (Islamic jurists) means the engagement between offering and accepting in ways that are prescribed and have an impact on what is assumed.

According to the school of Syafi’i, Maliki, and Hambali, defines harmony as the elements that make up the contract. According to the three schools of conduct the pillars consist of four elements, namely the parties that hold the contract (al-aqidani), the object contract (expensive al-‘aql), the contract formula (sighat al-‘aqd), which contains offering and accepting, while the last is the purpose of the contract.

The contract or contract contained in E-Commerce is a legal contract that is carried out online. Because the four components are also contained in the E-Commerce contract, starting from the party that is the mind, the seller and buyer, then the contract object is the item to be purchased, then the acceptance that is done in writing and the last is the goal of contract and purchases in meeting individual needs.

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