THE ECONOMICS OF IḤTIKĀR
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IḥtikÄr is not a new problem in Islamic economics. The Prophet (peace be upon him) himself firmly stated that the perpetrator of iḥtikÄr are sinners. Nevertheless, Islamic thinkers, since the very beginning, not one voice in understanding this issue, both its meaning and the type of goods concerned. Among the modern Islamic economists, some interpret iḥtikÄr as monopoly, and some are simply declare it as an action of hoarding. They also not one voice in the matter of the type of goods hoarded; the majority stated that the goods that should not be hoarded is just food stuff alone, while others declare all items. This article will explain the issue.Al-Hanafy, Syekh Badruddin Al-‘Ayny, Umdatul Qori Sharh Sahih Bukhari Juz 17, p. 436.
Al-Misry,Ibnu Al-Mulqin Sirajuddin Abu Hafsh Umar bin Ali bin Ahmad As-Shafi'i, Al-Badrul Munir fi Takhriji Ahadits wal Atsar Al-Waqi'ati fi Syarhi Al-Kabir Juz 6, Riyad, Darul Hijrah, 2004
Al-Nasisabury, Abu Al-Husain Muslim bin Hajjaj bin Muslim Al-Qusyairy, Al-Jami' Al-Sahih Al-Musamma Sahih Muslim Juz 5, Beirut, Darul Jayl.
Aá¹-Ṭabarany,Sulaiman bin Ahmad bin Ayyub Abu Al-Qosim, Al-Mu'jam Al-Kabir Juz 15
IRTI (1412H), Lectures on Islamic Economics, Jeddah.
Ishaq Bhatti, "The concept of corporate governance and business ethics in Islamic financial institutions.”See http://www.islamicfinancenews.com/glossary/iḥtikÄr
Islahi, A.A. (1996). Economic Concepts of Ibn Taimiyah, Leicester, The Islamic Foundation.
ISRA Compendium for Islamic Financial Terms, (2010), International Shari'ah Research Academy for Islamic Finance (ISRA).
Rosyidi, Suherman (2013). Pengantar Teori Ekonomi (Introduction to Economics), Raja grafindo Persada, Jakarta, Indonesia.
Shepherd, A.B. (1994). Industrial Organization, McGraw Hill Book, p. 32.
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