Perspective of Islamic Economics: Consumptive Behavior of Online Shopping and The Paylater System

Technological advancements have rapidly changed buying and selling patterns, especially with the growth of e-commerce and the PayLater feature. However, questions arise in the context of Islamic economics regarding this practice. The study aims to understand the consumptive behavior of university students in online shopping and the use of the PayLater system, as well as evaluate their understanding of Islamic economic principles related to online transactions. The research used a qualitative approach with interview techniques with university students. Phenomenology is used to understand their experiences in online shopping and the use of the PayLater system. Students generally shop online carefully, but their understanding of Islamic economic principles related to the PayLater system is still limited. It was found that the use of this system still holds an element of usury that is contrary to sharia principles. Online shopping provides convenience, but students need to understand the principles of Islamic economics in online transactions to maintain consistency with religious values