Analisis Pasar Monopoli Dalam Perspektif Ekonomi ISlam Dan Etika Bisnis Islam

Abstract

Monopoly market share, namely: the composition of market share indicates that one seller or
producer dominates the market, so that it has is a market structure characterized by one
seller or producer dominating the market so that it has the power to determine prices and
supply. In an Islamic economic perspective, monopoly practices are often considered
unethical because they have the potential to harm consumers and create injustice due to the
distribution of resources. This article aims to analyze monopolized markets from the
perspective of Islamic economics and Islamic business ethics by highlighting relevant Islamic
business ethics doctrines, such as justice, balance (mizan), and the prohibition of exploitation
(gharar, and ikhtiar). Analyzing monopoly markets from the perspective of Islamic economics
and Islamic business ethics, taking into account the basic doctrines in fiqh muamalah,
justice, and social responsibility. This article also discusses the implications of these
doctrines for regulation and business practices in monopoly markets. How reviewing
monopolistic practices is contrary to the doctrine of Islamic business ethics, which
emphasizes honesty, transparency, and mutual prosperity. Research with a qualitative
approach by analyzing literature and theories of Islamic economics and business ethics. This
research concludes that monopoly markets conflict with the basic guidelines of Islamic
economics that focus on the balanced welfare of the people. In Islamic business ethics, monopoly is considered a practice that inconsistent with the teachings of beliefs that
encourage healthy competitions and honnest trade.