Profit Determination in Consignment Sales from the Perspective of Sharia Economic Law: A Case Study of Sukabaru Village, Pesisir Barat Regency

Abstract

This study aims to analyze the determination of profits in consignment sale transactions in Sukabaru Village, Way Krui District, Pesisir Barat Regency, and to examine the practice from the perspective of Islamic Economic Law. This research employs a field research method with a descriptive approach. Data were collected through interviews, observations, and documentation involving 10 informants, consisting of 4 shop owners and 6 product owners. Data analysis was conducted through data reduction, data presentation, and conclusion drawing. The results indicate that the determination of profits in consignment sales is predominantly carried out through a price difference mechanism. In this practice, the product owner determines the basic price, while the shop owner determines the selling price, with the difference between the two prices constituting the shop owner's profit. The implementation of these transactions is largely based on mutual trust and social relationships between the parties. From the perspective of Islamic Economic Law, the practice generally reflects the concept of wakālah bil ujrah, as the product owner delegates the authority to sell the goods to the shop owner in return for compensation or profit. However, its implementation still requires improvement, particularly regarding the clarity of the contractual agreement, transparency in determining prices and profits, and documentation of the agreement. Therefore, strengthening public understanding of the principles of wakālah bil ujrah is necessary to ensure that consignment transactions are conducted fairly, transparently, and in accordance with Islamic Economic Law.