PAYLATER IN BUYING AND SELLING: AN ISLAMIC ECONOMIC PERSPECTIVE

Abstract

The purpose of this study is to discuss later payment in buying and selling; Islamic economic perspective. This research was conducted to look at various sources of literature that examine payment by paylater in various transactions involving sellers, buyers and online ecommerce media which is currently a profitable and instant option. The method used in the research is literature study research or literatu re review. The results of this study reveal that paylater in buying and selling in Islamic economics is not prohibited or allowed, as long as there are no elements that come out of the values of sharia principles, the application of paylater in buying and selling is acceptable in the Islamic economy as long as it adheres to the principles of fairness, transparency, and sustainability and is supported by appropriate regulations to ensure that paylater provides benefits without violating the ethical values of Islamic economics.

Keywords: Paylater; Purchase; Sales; Islam, Economics