Rokan, Mustapa Khamal2019-09-252019-09-252016-02-232015http://hdl.handle.net/20.500.12424/234928This article tries to find a fair legal formulation to maintain the existence of traditional market. To find the legal formulation, the author attempts to discuss market regulation in Indonesian legislation, analyze and find it to be optimized to create a fair market arrangement in the perspective of Islamic law. This study proposes a paradigm that the market functions not only as a business institution but also as the religious and social institution based on brotherhood which requires mutual respect and responsibility. There are prescriptive laws to maintain the existence of traditional markets in Indonesia which optimizes the concept of ownership as a form of common ownership and optimizes the regulation of cooperation between the traditional and the modern market economy based on the doctrine of Islamic law.engWith permission of the license/copyright holderCooperationTraditional MarketModern marketIslamic Business EthicsEconomic ethicsBusiness ethicsEthics of economic systemsConsumer ethicsMethods of ethicsPhilosophical ethicsJournal volume