The Disclosure of Sugar Cane Farmer Profit on Auction Process

Abstract: This study aims to understand the Islamic Social Prophetic value on farmer's profit by learning on the sugarcane auction process. This research is a qualitative research with an interpretive approach would reveal the phenomenon by discovering the sugarcane farmer’s experience on their auction processes. The data is analyzed by Islamic social prophetic theory through the pillars of humanization, liberation, and transcendence. This method is used to carry out the social transformation needed by sugar cane farmer in Solo, Indonesia. This study indicated the imbalance and injustice on a social construction of a sugarcane auction process that involved investors, PTPN (state own enterprise), and farmer associations. The study also found the Islamic value from the Kutowijoyo’s perspective, there are honesty, trust, and syukur (gratitude). Furthermore, this study recommends the stakeholders to generate a particular agricultural policy on accounting standards to prioritize the sugarcane farmer’s better position. This is a pioneer of empirical study that focuses on sugar cane farmer’s profit from Islamic social prophetic value.