Online Thrift Shop Transactions: An Overview of Business Ethics and Islamic Law

Abstract

This study aims to explain online thrift shop transactions based on an overview of business ethics and Islamic law using qualitative methods and, a phenomenological approach with a literature review. Data was collected from observations, interviews, and literatures. Data from interview was analyzed through three stages: reduction, display, and conclusions. While data from literatures was analyzed and interpreted. The results found that every purchase of thrift goods from a supplier contain an element of gharar fahisy where there is uncertainty in the quality of thrift goods that cause losses to thrift seller. Determination of the value and price of thrift goods to consumers is reviewed based on these concepts: Qimah Madiyah, Si’ru Takhlifah, Si’ru al-Suq, Si’ru al-asas, and Tsaman.