Pelaksanaan Akad Ijarah Muntahiya Bit Tamlik (IMBT) pada Lembaga Keuangan Syariah

Abstract

One of the products of Sharia financial institutions is the Ijarah Muntakiya bit Tamlik (Financial leasing with purchase option) contract, based on the Fatwa of the National Sharia Council “No. 27/DSNMUI/III/2002 Al-Ijarah Al-Muntakiya bit Tamlik is a lease agreement accompanied by an option to transfer ownership of the object being leased to the lessee, after the lease period has ended”. The purpose of this study is to find out how the IMBT contract is implemented in Islamic financial institutions. The method used in this study is a qualitative research method with library research data collection techniques. The Ulama agreed on the permissibility of carrying out this leasing contract. But there are also some of them who differ in opinion, but this is not significant. In IMBT, the agreement uses ijarah and wa'ad contracts for sale and purchase or grants which will be signed after the ijarah ends (if the customer so wishes). Whereas in leasing, leasing and buying and selling become one unit in one agreement. The application of Ijarah Muntakiya Bit Tamlik in Islamic banking is in the form of: First, investment financing for financing capital goods such as: machinery. Second, consumer financing such as buying houses, cars and othersnot allowed, because in it there are things that are contrary to Islamic law, namely there is an element of usury.