Unraveling Gharar Practices: A Literature Study on Islamic Economic Transactions in the Global
Keywords:
Gharar, Transactions, Islamic EconomyAbstract
Abstrac
The purpose of this research is to review the literature on global Islamic economic transactions related to the aspect of Gharar, which is defined as uncertainty that can lead to ambiguity and injustice in contracts. The articles reviewed in this study consist of ten articles related to Gharar published between 2013 and 2024. Empirically and descriptively, each selected article has been searched using a series of keywords and specific keywords. Google Scholar serves as a supporting database, while Scopus and Web of Science (WoS) are the primary sources for this research. The research findings indicate that there are still many gharar transactions occurring in economic transactions, both in Islamic financial institutions and among individuals.
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Copyright (c) 2024 Ian Alfian, Muhammad Ramadhan, Muhammad Yafiz
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