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The Concept of Price Mechanism in The Halal Industry Refers to The Thought of The Price Concept of Yahya Bin Umar and Ibnu Taimiyah

Likuid Jurnal Ekonomi Industri Halal · Vol. 3 No. 2 (2023) · hlm. 1–18

DOI
10.15575/likuid.v3i2.28133
ISSN
2797-5967
Terbit
2023-07-31
Penerbit
Sharia Economics Study Program Faculty of Islamic Economics and Business UIN Sunan Gunun
Bahasa
eng

Abstrak

The price mechanism in the halal industry has an important role in determining the value and price of halal products. The concept of pricing mechanism in Islam has been initiated by the thinkers Yahya bin Umar and Ibn Taymiyyah. The purpose of this study is to find out how the relationship between the pricing mechanisms of the two Islamic thinkers in the halal industry. Descriptive analytical with qualitative research methods and a historical approach are used in this research. As a result, Yahya bin Umar and Ibn Taymiyyah's approaches to the pricing mechanism provide different perspectives but are in line with the context of healthy and fair pricing. Yahya bin Umar views that prices are determined by the ideal market mechanism, while Ibn Taymiyyah emphasizes the importance of healthy competition and wise government intervention. The price mechanism in the halal industry should reflect the intrinsic value of the product, ensure fairness in transactions, and support the sustainability of the industry. The government can use the price mechanism to set a minimum price or ensure halal products meet certain standards. Fair and competitive pricing will enable wider access to halal products and maintain consumer confidence over a longer period.

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  • Tadulako University
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SUMIATI SUMIATIAfiliasi tidak diketahui2
Mohammad Nasih Al HashasAfiliasi tidak diketahui1
Achmad AlfaridzihAfiliasi tidak diketahui1
Mustofa MustofaTadulako University1
Ahmad Mahfudzi MafrudloAfiliasi tidak diketahui1
Zuhratul Aini MansurAfiliasi tidak diketahui1
Supriatna SupriatnaAfiliasi tidak diketahui1
Deni Kamaludin YusupAfiliasi tidak diketahui1
Tatang AstarudinAfiliasi tidak diketahui1
Dudang GojaliAfiliasi tidak diketahui1
Hasan BisriAfiliasi tidak diketahui1
Meirani Rahayu RukmandaAfiliasi tidak diketahui1
Sholikul HadiAfiliasi tidak diketahui1
Joni JoniUniversitas Halu Oleo1
Ija SuntanaAfiliasi tidak diketahui1
Usep SaepullahAfiliasi tidak diketahui1
Cupian CupianAfiliasi tidak diketahui1
Moch. Ihsan Maulana Sa'banAfiliasi tidak diketahui1
Akmaliyah AkmaliyahAfiliasi tidak diketahui1
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Mery MaulinAfiliasi tidak diketahui1
Ahmad YaniAfiliasi tidak diketahui1
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Ending SolehudinAfiliasi tidak diketahui1
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Ahmad Fathan AniqAfiliasi tidak diketahui1
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Sumber metadata: OAI-PMH (metadata jurnal) https://journal.uinsgd.ac.id/index.php/likuid/oai, pertama di-harvest 7 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en-US">The Concept of Price Mechanism in The Halal Industry Refers to The Thought of The Price Concept of Yahya Bin Umar and Ibnu Taimiyah</dc:title>
	<dc:creator>Hakim, Ahmad Luqman</dc:creator>
	<dc:creator>Janwari, Yadi</dc:creator>
	<dc:creator>Jubaedah, Dedah</dc:creator>
	<dc:creator>athoillah, anton</dc:creator>
	<dc:subject xml:lang="en-US">Halal	industry</dc:subject>
	<dc:subject xml:lang="en-US">Price Mechanism</dc:subject>
	<dc:subject xml:lang="en-US">Thought</dc:subject>
	<dc:description xml:lang="en-US">The price mechanism in the halal industry has an important role in determining the value and price of halal products. The concept of pricing mechanism in Islam has been initiated by the thinkers Yahya bin Umar and Ibn Taymiyyah. The purpose of this study is to find out how the relationship between the pricing mechanisms of the two Islamic thinkers in the halal industry. Descriptive analytical with qualitative research methods and a historical approach are used in this research. As a result, Yahya bin Umar and Ibn Taymiyyah's approaches to the pricing mechanism provide different perspectives but are in line with the context of healthy and fair pricing. Yahya bin Umar views that prices are determined by the ideal market mechanism, while Ibn Taymiyyah emphasizes the importance of healthy competition and wise government intervention. The price mechanism in the halal industry should reflect the intrinsic value of the product, ensure fairness in transactions, and support the sustainability of the industry. The government can use the price mechanism to set a minimum price or ensure halal products meet certain standards. Fair and competitive pricing will enable wider access to halal products and maintain consumer confidence over a longer period.</dc:description>
	<dc:publisher xml:lang="en-US">Sharia Economics Study Program Faculty of Islamic Economics and Business UIN Sunan Gunun</dc:publisher>
	<dc:date>2023-07-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en-US">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.uinsgd.ac.id/index.php/likuid/article/view/28133</dc:identifier>
	<dc:identifier>10.15575/likuid.v3i2.28133</dc:identifier>
	<dc:source xml:lang="en-US">Likuid Jurnal Ekonomi Industri Halal; Vol. 3 No. 2 (2023): LIKUID: Jurnal Ekonomi Industri Halal; 1-18</dc:source>
	<dc:source>2797-5967</dc:source>
	<dc:source>10.15575/likuid.v3i2</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uinsgd.ac.id/index.php/likuid/article/view/28133/pdf</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2023 Ahmad Luqman Hakim</dc:rights>
</oai_dc:dc>