Pembiayaan Jual Beli Barang di Perusahaan Fifgroup Muara Wahau

Abstract

This research investigates the discrepancy between Islamic law and the practice of imposing fines for late installment payments in goods financing at Fifgroup. The study aims to understand the implementation of these fines and review them against Sharia principles. Using field research methods, data were collected through non-participant observation and interviews with employees and customers. The results indicate that financing involves Fifgroup paying tunai to vendors while customers repay the company on credit, subject to agreed penalties for delays. Discrepancies were found in practice: customers are charged a flat rate of Rp 7,000 per day, contradicting the stated 0.5% policy. Furthermore, the collected fines are recorded as company revenue. This practice is not in accordance with Sharia principles, which dictate that penalty fees must be allocated to sosial funds rather than being treated as company profit.