Unveiling the Power of Burhâni Epistemology in Reshaping Islamic Economic Law for a Fair Financial Landscape

burhâni epistemology Islamic economic law financial system Interest-based finance

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December 31, 2023

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This study aims to explain the concept of burhâni epistemology and its implementation in the development of Islamic economic law formulation. The method used in the research is a literature review (library research) with qualitative descriptive analysis based on empirical normative data to ensure the consistency of the research data. The result of this research is that burhâni epistemology as a logical method or argumentative rationale can be applied to the reality or context analysis of interest-based finance. The practice of imposing interest in the conventional financial system indicates an addition (ziayadah) that can harm one of the parties to the contract (bathil). In addition, the implementation of the burhani method must include the bayani method in the formulation of Islamic economic law because the reasoning process of the concept of interest must be linked to the concept of usury in the text (nash), which must be read and understood textually and contextually. The application of these findings is to review the reality of interest practices in the banking system as a home base in the formulation of Islamic economic laws by eliminating aspects of usury and interest in the financial system. The Burhani method is used to explain banking interest and contractual agreements that incorporate falsehoods like gharar (uncertainty) and injustice (mistreatment) against the parties.