KONSEP MUDARABAH MENURUT SYEIKH DAUD AL-FATANI

This paper explores the view of SyeikhDaud Al- Fatani(1131-1265H/1718-1847M) with respect to the mudarabah concept as discussed in his book Furu’ al-Masa’il (1254-1257H/1838- 1841M) and specifically referred to in a title Kitab al-Qirad. This paper talks about the definition and understanding of mudarabah concept, in addition to talk about the conditions of six principles of mudarabah comprising financier, entrepreneur or worker, property or capital, effort or work, sighah ijab and qabul and profit sharing. Furthermore, a topic pertaining to the cancellation of mudarabah contract and claims back of mudarabah capital asset are also discussed. This paper is a library research using content analysis method for analysing data. At the same time, a comparative analysis with the authentic view of Shafi’i shcolars is also applied. The finding of this research shows that the view of Syeikh Daud Al-Fatani pertaining to the mudarabah concept is within the scope of al-shafi’i fiqh discussion. Furthermore, the mudarabah concept which is mentioned in Furu’ al-Masa’il book is also still relevant and applicable in Islamic banking and finance from the past, present and future. Keywords: Mudarabah, Muamalat, al-Masa’il, Kitab Jawi.