Abstract
Contemporary Muamalah Fiqh is a piece of Islamic law’s rules that regulate contracts or transactions, between person and relating to property that occur in the present. In this context, muamalah refers to transactions and relationships between people related to property, such as trade, finance and contracts. This topic is has an urgency to be discussed because the validity of "new" contracts as derivatives is a study that is important to become the basis for confirming that the contract is a valid contract and can be applied like contracts that are already established in muamalah fiqh literature’s. Critically discussing the normative rules of muamalah fiqh is a necessity. The conclusion is that contracts or agreements cannot be separated from human life. Of the many daily activities of society. Contracts make it easy to meet everyone's needs and interests. Because it is an agreement that limits the relationship between two parties involved in a business and binds that relationship now and in the future. Contracts in human life are very important because they are one of the factors that make something halal for him. Even though contracts play a very important role in human relations, it is often seen that the parties who make contracts (agreements) do not understand the rights and obligations that they must fulfill.
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