PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAW
Predatory pricing is another term for the practice of setting extremely low prices with the aim of forcing competitors out of business or forcing them to close their doors because they can no longer compete. Techniques such as cutting prices well below market prices to attract a large number of cust...
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| Format: | Article |
| Language: | English |
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Lembaga Penelitian dan Pengabdian Kepada Masyarakat (LP2M) Universitas Ibrahimy
2024-12-01
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| Series: | Lisan Al-Hal: Jurnal Pengembangan Pemikiran dan Kebudayaan |
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| Online Access: | https://journal.ibrahimy.ac.id/index.php/lisanalhal/article/view/5457 |
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| author | Anti Anfaul Lisani Moch. Farich Alfani |
| author_facet | Anti Anfaul Lisani Moch. Farich Alfani |
| author_sort | Anti Anfaul Lisani |
| collection | DOAJ |
| description | Predatory pricing is another term for the practice of setting extremely low prices with the aim of forcing competitors out of business or forcing them to close their doors because they can no longer compete. Techniques such as cutting prices well below market prices to attract a large number of customers, but eventually, prices return to normal. This study examines how predatory pricing is viewed under Islamic law. This research consists of a literature study, which involves looking at resources related to the research subject, and library research, which involves surveying library materials to collect data using documentation procedures. The fundamental ideals and guiding concepts of Islamic business ethics, Tazkiyah, Khilafah, tauhid, and Ihsan, have been applied to the analysis process. Therefore, buying and selling in a manner that deviates from these guidelines is contrary to Islamic economics, mashlahah al-ummah, ethical theory, and Maqashid Sharia and fails to fulfil the intended objectives of economic law. |
| format | Article |
| id | doaj-art-4f6eb920b92140eaa6e630c292077dcf |
| institution | OA Journals |
| issn | 1693-3230 2502-3667 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Lembaga Penelitian dan Pengabdian Kepada Masyarakat (LP2M) Universitas Ibrahimy |
| record_format | Article |
| series | Lisan Al-Hal: Jurnal Pengembangan Pemikiran dan Kebudayaan |
| spelling | doaj-art-4f6eb920b92140eaa6e630c292077dcf2025-08-20T02:01:19ZengLembaga Penelitian dan Pengabdian Kepada Masyarakat (LP2M) Universitas IbrahimyLisan Al-Hal: Jurnal Pengembangan Pemikiran dan Kebudayaan1693-32302502-36672024-12-0118221422510.35316/lisanalhal.v18i2.214-2253838PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAWAnti Anfaul Lisani0Moch. Farich Alfani1Hukum Ekonomi Syariah, Universitas Islam Negeri (UIN) Profesor Kiai Haji Saifudin Zuhri, Jawa Tengah 53126, IndonesiaPendidikan Guru Madrasah Ibtidaiyah, Universitas Islam Negeri (UIN) Sunan Kalijaga Yogyakarta, Yogyakarta 55281, IndonesiaPredatory pricing is another term for the practice of setting extremely low prices with the aim of forcing competitors out of business or forcing them to close their doors because they can no longer compete. Techniques such as cutting prices well below market prices to attract a large number of customers, but eventually, prices return to normal. This study examines how predatory pricing is viewed under Islamic law. This research consists of a literature study, which involves looking at resources related to the research subject, and library research, which involves surveying library materials to collect data using documentation procedures. The fundamental ideals and guiding concepts of Islamic business ethics, Tazkiyah, Khilafah, tauhid, and Ihsan, have been applied to the analysis process. Therefore, buying and selling in a manner that deviates from these guidelines is contrary to Islamic economics, mashlahah al-ummah, ethical theory, and Maqashid Sharia and fails to fulfil the intended objectives of economic law.https://journal.ibrahimy.ac.id/index.php/lisanalhal/article/view/5457islamic lawpredatory pricingtiktok shop |
| spellingShingle | Anti Anfaul Lisani Moch. Farich Alfani PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAW Lisan Al-Hal: Jurnal Pengembangan Pemikiran dan Kebudayaan islamic law predatory pricing tiktok shop |
| title | PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAW |
| title_full | PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAW |
| title_fullStr | PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAW |
| title_full_unstemmed | PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAW |
| title_short | PREDATORY PRICING PRACTICES IN TIKTOK SHOP IN THE STUDY OF ISLAMIC LAW |
| title_sort | predatory pricing practices in tiktok shop in the study of islamic law |
| topic | islamic law predatory pricing tiktok shop |
| url | https://journal.ibrahimy.ac.id/index.php/lisanalhal/article/view/5457 |
| work_keys_str_mv | AT antianfaullisani predatorypricingpracticesintiktokshopinthestudyofislamiclaw AT mochfarichalfani predatorypricingpracticesintiktokshopinthestudyofislamiclaw |