Abstract:
In the Islamic context, investing is highly recommended so that the
future can be guaranteed. Of course, investments made by Muslims must be
following Islamic rules. Investing in economy Islamic concepts will provide a
sense of security and comfort for Muslim investors, without fear of deviating
from Islamic teachings. As a devout Muslim, of course, investment choices
must be appropriate and following the concept of Islam. The difference
between conventional Islamic investment lies in the benefits given. The
advantages of Islamic investment are in the form of profit-sharing, while the
conventional concept is interest. In the teachings of Islam, interest is haram,
because it does not recognize the value for money. In the view of Islam, the
money will not be developed by itself but must go through productive and
ruleful efforts. The purpose of making this paper is to discuss the advantages
and risks of Islamic investment. This paper uses a literature review approach
that comes from journals, books, the internet, and other sources. The results
show that the advantages of Islamic investment are riba-free, minimal risk,
Islamic management, halal, and promoting social activities. Meanwhile, the
risks that may be faced by investors are the risk of losing capital, the risk of
uncertainty of return, and the difficulty of selling investment products. From
the results, it was found that currently Islamic investment products are
favored by non-Muslims alike. The concept of profit sharing is considered
more profitable than interest. It can be concluded that Islamic rules can now
be accepted by various groups of people in the world.
