Reconstruction of the Concept of Kafalah in Sharia Buy Now Pay Later (BNPL) Transactions: A Normative Fiqh Analysis of Digital Guarantees in Islamic Finance
DOI:
https://doi.org/10.64317/alqadha.v1i2.24Keywords:
Digital Kafalah, Buy Now Pay Later Sharia, Sharia Fintech, Maqasid al-Sharia, Contemporary Fiqh MuamalahAbstract
The development of Islamic financial technology has created innovations in Buy Now Pay Later (BNPL) services that provide flexible payment options (ta'jil ad-dayn), but this has raised many normative issues regarding the compatibility of contracts with digital guarantee systems and the principles of fiqh muamalah. This study aims to reconstruct the concept of kafalah as a form of guarantee in Islamic law so that it is relevant to digital guarantee practices in the Sharia BNPL system without neglecting sharia values such as justice, transparency, and the prohibition of usury and gharar. The method used in this study is qualitative with a normative-fiqhiyah legal approach, supplemented with conceptual, comparative, and maqasid al-syariah analyses to assess the compatibility between traditional kafalah principles and modern digital practices. This study found that digital kafalah can be legally applied in Sharia BNPL if the contract is made with a clear digital ijab-qabul, free from elements of usury and gharar, and accompanied by a transparent Sharia supervisory mechanism. This model is in line with the principles of hifz al-mal (protection of property) and ta'āwun (mutual assistance), and can support Sharia financial inclusion through a secure and fair guarantee system. Thus, the reconstruction of digital kafalah not only strengthens the normative basis for the application of Sharia BNPL, but also contributes to the development of Sharia fintech that is fair, ethical, and in accordance with the objectives of maqasid al-syariah.
References
Abdullah, N., & Hassan, S. H. (2020). Legal and Ethical Frameworks in Islamic Financial Technology. Journal of Islamic Business and Management, 10(2), 55–69. https://doi.org/https://doi.org/10.26501/jibm.v10i2.1538
Ahmad, A. A., Hashim, N. A., Arifah, R. N., & Nordin, N. (2022). An Analysis of Shopee Pay Later Transactions Based on the Qard Theory, 12(11), 1380–1391. https://doi.org/10.6007/IJARBSS/v12-i11/15239 DOI: https://doi.org/10.6007/IJARBSS/v12-i11/15239
Al-Khatib, M. (2021). Digital Transactions and Shariah Compliance: A Juristic Perspective. Arab Law Quarterly, 35(4), 789–812. https://doi.org/https://doi.org/10.1163/15730255-bja10067 DOI: https://doi.org/10.1163/15730255-BJA10067
F. A. Amatulloh, F. Utami, and P. A. (2024). “Analisis Faktor Faktor Yang Mempengaruhi Penggunaan Paylater Akulalu Di Indonesia,” Co-Value J. Ekon. Kop. Dan Kewirausahaan, 15(5). https://doi.org/https://doi.org/10.59188/covalue.v15i5.4780 DOI: https://doi.org/10.59188/covalue.v15i5.4780
Gina Nurleva and Indah Shofiyah. (2023). Analisis Implementasi Akad Kafalah Dalam Praktik Bank Garansi Sektor Konstruksi (Studi Kasus Kb Bukopin Syariah Yogyakarta). JURNAL ILMIAH EDUNOMIKA, 8(1), 4–6. https://doi.org/https://doi.org/10.35905/banco.v2i2.1810
Harahap, A., & Sudiarti, S. (2022). “Kontrak Jasa Pada Perbankan Syariah : Wakalah, Kafalah Dan Hawalah,” 4, 42–53. https://doi.org/10.47476/reslaj.v4i1.482 DOI: https://doi.org/10.47467/reslaj.v4i1.482
Hassan, M. K. (2021). Maqasid al-Shariah in Islamic Finance: Contemporary Perspectives. SSRN Electronic Journal. https://doi.org/https://doi.org/10.2139/ssrn.3796383
I. P Sari. (2019). “Penerapan Satu Majelis Dalam Akad Fintech Syariah Pada Pinjaman Online Dana Syariah Menurut Perspektif Hukum Islam,.” Jurnal Ekonomi Islam, Marketing Mix.
Ismail, A. (2021). Digital Shariah Risk Management in Islamic Fintech. International Journal of Islamic Economics and Finance Research, 4(2), 23–35.
Kamali, M. H. (2020). Shariah Law: An Introduction (2nd ed.). Oxford University Press. https://doi.org/https://doi.org/10.1093/oso/9780198857302.001.0001
Karim, A., & Hidayat, M. (2021). Karim, A., & Hidayat, M. (2021). Reconstructing Kafalah for Digital Financial Systems in Islamic Economics. International Journal of Islamic Finance and Banking, 8(1), 12–26. International Journal of Islamic Finance and Banking, 8(1), 12–26. https://doi.org/https://doi.org/10.46281/ijifb.v8i1.1672
Mahdi, R. (2023). The Role of Kafalah in Strengthening Sharia Digital Finance Ecosystems. Journal of Contemporary Islamic Studies, 5(3), 87–102.
Nizar, M., & Subekti, D. (2022). Implementation of POJK No. 77/2016 in Islamic Peer-to-Peer Lending Platforms. Indonesian Journal of Islamic Finance, 11(1), 33–48. https://doi.org/https://doi.org/10.21070/ijif.v11i1.1884
Nurlela, R. (2020). Kafalah dalam Perspektif Maqasid al-Syariah. Jurnal Syariah Dan Ekonomi Islam, 12(1), 45–56.
Rahman, A. A., & Rusmita, E. (2023). Sharia-Compliant Buy Now Pay Later as Inclusive Finance Mechanism. Asian Journal of Islamic Economics, 14(2), 112–130.
Salleh, S., Ahmad, M., & Rahim, R. (2022). Islamic Fintech and the Future of Digital Credit in Muslim Markets. Journal of Islamic Monetary Studies, 6(1), 55–70. https://doi.org/https://doi.org/10.35631/JIMS.61005
Wahbah al-Zuhaili. (2008). Fiqh al-Islami wa Adillatuh.
Yusoff, N. (2021). Maqasid al-Shariah in Digital Financial Innovation. ISRA International Journal of Islamic Finance, 13(3), 280–295. https://doi.org/https://doi.org/10.1108/IJIF-03-2021-0064
Yusuf al-Qaradawi. (2010). Fiqh al-Mu’amalat al-Maliyah al-Mu’asirah.
Zahra, H. (2020). Kafalah in Islamic Law: Relevance to Modern Credit and Guarantee Systems. Journal of Islamic Jurisprudence, 9(2), 45–61. https://doi.org/https://doi.org/10.35632/jij.v9i2.214
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Novi Damayanti, Riska Chairunnisa Siregar, Dina Khairunnisa (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
