A Review of Sharia Economic Law on the Fish Price Determination Mechanism Between Fishermen and Suppliers

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Qualitative analysis reveals price determination challenges for fishermen in Jikotamo Village, suggesting improvements in transparency and fairness.

MAIN FINDING: The fish pricing mechanism shows a lack of competitiveness with suppliers fixing prices unilaterally.
KEY EVIDENCE: Fishermen receive a smaller share of the total added value due to market imbalances.
APPROACH: Qualitative methods included interviews and observations within the Independent Tuna Fishermen's Cooperative.
SIGNIFICANCE: Enhancing transparency and fair distribution in pricing can improve the welfare of fishermen under Sharia economic law.

Untung et al. (2025) studied this question.

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Qualitative analysis reveals price determination challenges for fishermen in Jikotamo Village, suggesting improvements in transparency and fairness.