H Moh Najib Syafii BUNGA BANK DALAM PERSPEKTIF ULAMA’ KONTEMPORER: BANKING INTEREST, ULAMA'S PERSPECTIVE

The spirit of anti-usury is increasingly tempestuous in various Muslim communities in the country. One of them can be seen from the increasing number of Islamic Banking Customers from time to time. However, conventional banking is still the choice of Muslim customers, including to borrow funds. Make sure the banking interest applies (Conventional Banking Applies), both credit interest and deposit interest. So what exactly is the law on conventional bank interest? An expert on Islamic jurisprudence, the Indonesian Fiqh House, Ustaz Muhammad Abdul Wahab, explains that the law on bank interest is still a class of contemporary scholars. Although the scholars differ on the prohibition of usury, the scholars are of the opinion in determining the criteria for usury on bank interest. In Indonesia, the fatwa about the halal interest bank (The Halal Interest Bank) is not very popular. According to Ustaz Wahab, most of the scholars and Islamic organizations in Indonesia have a fatwa that bank interest is usury which is forbidden. However, in a number of other Muslim-majority countries, such as Egypt, many scholars or their mufti have decreed the legality of bank interest. There are also other scholars who are of the opinion that the law of bank interest has the status of syubhat. Ustaz Wahab explained that the scholars who issued a lawful fatwa for bank interest argued that the practice of usury in the past was not the same as the phenomenon of bank interest today. In the past, transactions took place individually, where someone borrowed money and the other person gave a loan in the form of interest