Implementation Of Time Value Of Money In The Pecotan Tradition Of The Paiton Community

Authors

  • Sohebatul Mukarromah Management of the State Islamic University of Malang
  • Muhammad Sulhan Faculty of Economics, State Islamic University of Malang

Keywords:

Pecotan, Tradition, Time Value of Money

Abstract

This study aims to determine the implementation of the

Time Value of Money contained in the Pecotan tradition of the Paiton community. The research method is descriptive qualitative and phenomenological. The informants in this study were the Paiton people because the Paiton people were still thick with the pecotan tradition and there were differences in how to invite the Paiton people to do pecotan. The results and conclusions are that the implementation of the pecotan tradition is carried out at the wedding reception, while the distribution of invitations for cigarettes and soap is given from one week to one month before the reception. women, young and old, known and unknown. The contract used in the pecotan tradition is a donation, and is sincere. andImplementation of Time Value of Money applies to money.

 

References

Alijani, S., & Karyotis, C. (Eds.). (2016). Finance and Economy for Society: Integrating Sustainability. 11.https://doi.org/10.1108/S2043-9059201711() al-Wasid, A.-M. (2004). Maktabah suru' Dawliyah. Egypt.

Alwi, B. (2020). Pecotan tradition in the view of sociology in Paiton Probolinggo. 2(2), 32–42.

Athoillah, z. (2018). Debt agreements in the tradition of marriage donations (Parlo) of the people of Mangaran Village, Situbondo Regency (Legal Anthropology Perspective Study).

Aziz, A. (2016). The essence of debt in the concept of Islamic Economics. Business, v0l. 4, no.1.

Baehaqi, A., Burton, MNA, & Hudaefi, FA (2020). Time value of money in cimalsI ÙŽgnitnuocca ÙŽecitcarp: ÙŽa ÙŽlacitirc ÙŽsisylana ÙŽmorf ÙŽdiá¹£Äqam ÙŽal-.ha'Ä«rahSÙŽ

Journal of Islamic Accounting and Business Research, 11(9), 2035–

https://doi.org/10.1108/JIABR-09-2018-0155

Dew, J. (2007). Two Sides of the same coin? The Differing Roles of Assets and Consumer Debt in Marriage. J Fam Econ Iss.

Eviana Dwi Saputri, d. M. (2019). The Buwuh Tradition in the Perspective of Accounts Receivable and Grants in Lowokwaru District, Malang City. Prive, Vol 2, No 1.

Hanafi, MM (2013). Financial Management (1 print). BPFE - Yogyakarta.

Java, MS (2020). Contracts and time value of money in the Javanese tradition of mbecek (study in Tambakmas village, Kebonsari district, Madiun district).

Lestari, S. (2014). The tradition to donate among women in Javanese rural areas: Reciprocty, food exchange and monetization. International Journal of Sociology and Anthropology.

Mannan, M. (1992). Islamic Economics: Theory and Practice. Intertime.

Muda, I., & Hasibuan, AN (2018). Public discovery of the concept of time value of money with economic value of time. Emerald Reach Proceedings Series,

,251–257. https://doi.org/10.1108/978-1-78756-793-1-00050 Muhammad. (2011). Islamic Finance Fundamentals. EConosia.

Rambe, LA (2020). The practice of MArtuprak Martahi in Sibargot Village, LAbuhanBatu Regency, North Sumatra in terms of Accounts Payable Perspective. Journal of Islamic Law, Vol 05, No. 02.

Rohmatin, L. (2016). Community Leaders' Views on Contribution Practices. Journal of Community Service.

Yudiana, FE (2013). Time Dimension in Time Value of Money and Economic

Value of Time Analysis. Muqtasid: Journal of Islamic Banking and Economics, 4(1), 131. https://doi.org/10.18326/muqtasid.v4i1.131-143

Zenrif, MF (2008). The reality of the Muslim family: between myth and religious doctrine. UIN Malang Press.

Published

2022-03-31