Ijarah-Compliant Heavy Equipment Rental Practices in a Non-Islamic Commercial Firm: A Qualitative Study of CV Putra Jaya Mandiri

Abstract

Heavy equipment rental constitutes a structurally complex segment of the Islamic commercial law debate, particularly when the contracting firm operates outside formally Islamic financial institutions. This study examines whether the rental practices of CV Putra Jaya Mandiri a conventional heavy equipment leasing company in West Java, Indonesia satisfy the doctrinal and operational requirements of ijarah as stipulated in the Fatwa of Dewan Syariah Nasional Majelis Ulama Indonesia (DSN-MUI) No. 09/DSN-MUI/IV/2000 and the Kompilasi Hukum Ekonomi Syariah (KHES). Employing an interpretive qualitative methodology combining in-depth interviews, structured document analysis, and direct observation the research maps eight transactional stages against five Islamic legal parameters (rukun, syarat, prohibition of gharar, prohibition of riba, and ta'zir-based penalty legitimacy). Findings reveal that the company's operational procedures are substantively congruent with ijarah requirements at the stages of contract formation, object specification, and delivery; however, critical gaps persist in ujrah disclosure clarity, penalty clause design, and the absence of explicit Sharia governance mechanisms. The study contributes a diagnostic audit framework applicable to non-Islamic firms seeking voluntary Sharia alignment in the construction sector's equipment rental market, with direct implications for Indonesia's Islamic economic integration agenda