Perspective of Arbitrase Institutions to the Shut of Sharia Business (Ash-Shulh Wa Tahkim)

Abstract

The Qur'an is the main basis of Shari'ah. It states the principles while the sunnah of the Prophet provides the details of their application. For example, the Qur'an says: establish Salah, observe sawm, pay zakah, take decisions by consultation, do not earn or spend in wrong ways but it does not describe how to do these things. It is the sunnah of the Prophet which gives us the details. The Qur'an is the main book of guidance and the Prophet taught how to follow it. The Prophet not only told us how to follow the guidance, but he also practiced it himself. The Qur’an has rules for every aspect of life. It is complete and perfect and guarantees us success, welfare, and peace in this life on earth and in the life after death. For example, arbitrate and et all.

Keywords: Arbitration, peace, conflict (conflict), a judiciary

JEL Classification: G02; K22