Contributions to Islamic Economic Theory

1986 ◽  
Author(s):  
Masudul Alam Choudhury
Keyword(s):  
Economic Theory ◽  
Islamic Economic

Geld im islamischen Recht

2019 ◽  
Author(s):  
Abdelaali El Maghraoui
Keyword(s):  
Economic Theory ◽  
Contract Theory ◽  
Islamic Law ◽  
Ethical Issues ◽  
Profit Sharing ◽  
Primary Sources ◽  
The Social ◽  
Islamic Economic ◽  
Economic Thinking

In Islamic law, there are many approaches to ethical issues. The best-known examples of this are the zakat tax on money and property as well as the prohibition of riba. Only an examination of the basic questions concerning money makes it possible to fundamentally understand economic thinking in Islam. This work deals with the social and market relevance of money and its significance in terms of contract theory. In this way, the author focuses on a topic that has so far received little attention in ‘Islamic economic theory’. His findings are based on an interdisciplinary examination of numerous primary sources. The main results of this book relate to the exchange of goods and the prohibition of riba as well as partnership (sharika) and profit-sharing (mudaraba).

scholarly journals البنية المعرفية للاقتصاد الإسلامي: دراسة مقارنة مع الاقتصاد الوضعي

2010 ◽  
Vol 16 (62) ◽  
pp. 43-13
Author(s):  
أحمد إبراهيم منصور
Keyword(s):  
Economic Theory ◽  
Economic System ◽  
Frame Of Reference ◽  
Theory And Practice ◽  
Basic Concepts ◽  
Cultural Borrowing ◽  
Islamic Economic

يبدأ البحث بإيضاح عناصر الاقتصاد الوضعي التي تمثل مرجعية معرفية للممارسات الاقتصادية، مع التركيز على المنهج والمفاهيم، وينتقل إلى بيان عجز الاقتصاد الوضعي عن تحقيق العدالة والكفاءة. ثم يتناول عدداً من المفاهيم الأساسية ليوضح طبيعة البيئة التي تشكل فيها المفهوم، والشكل الذي تم إنتاجه فيها، ويختار لذلك مفهوم "العمل". ثم يختم بتحليل مسألة الاقتراض الثقافي للمفاهيم ودورها في التمييز بين جهود بناء الأصالة الحضارية أو الوقوع في التبعية الحضارية. ويؤكد البحث أن بناء نظرية اقتصادية إسلامية أمر ممكن لتوفر الإطار المرجعي للنظرية ومنظومة المفاهيم المشكلة لها وأدوات التحليل والتفسير العاملة فيها، ومن ثم يدعو المهتمين بشأن الاقتصادي الإسلامي: فكرأ وممارسة، إلى بذل الجهد اللازم لبناء هذه النظرية. This paper begins by clarifying elements of prevailing economic system characterized by positivist philosophy, with a focus on methodology and concepts.  It exposes the inability of this system to achieve justice and efficiency. The paper then addresses a number of basic concepts to explain the nature of the environment in which the concept has been formed choosing the concept of "work" for that purpose.  It concludes with citing the danger of cultural borrowing of concepts, and its role in creating cultural dependency and harboring efforts of building civilizational identity of the Muslim Ummah. The paper stresses that building an Islamic economic theory is possible, given that a the frame of reference for the theory and the system of concepts that forms it and its tools of analysis are all available, and calls on those concerned with Islamic economics to exert the necessary effort, in theory and practice, to build such theory.

Hakikat Keharaman Riba Dalam Islam

2016 ◽  
Vol 1 (1) ◽  
pp. 115-126
Author(s):  
Khozainul Ulum
Keyword(s):  
Economic Theory ◽  
Profit Sharing ◽  
Economic Thought ◽  
The World ◽  
Islamic Economic

There is a negative assumption that arises in community with regard to economic transactions. For example, the statement "interest" and "profit-sharing" is similar, it justifies something that has become a previous habit. Whereas after having studied and researched, the economic transactions is belongings to the category of riba (usury) and society is still reluctant to get used to something right, which has not yet become a tradition. So, it is impressed that Islam does not take care of worship that do not directly relate to Allah, as obligatory (mahdoh) worship in the pillars of Islam. The question arising then is why the statement emerged from the realm of Muslims who are still reluctant to attempt to transact transactions that should be appraised with shariah paradigm? How is the danger of riba, in the world and the Hereafter? Author wants to convey thoughtfulness and perception related to economic thought developing at this time. They merely legitimize the phenomenon of conventional economics by attaching ayat and hadits although there are also alternative thoughts of genuine Islamic Economics, so easy to get caught up in usurious practice. Therefore, author is inspired to invite readers to dare to unburden, examine, and study riba (usury) and the reason of prohibition in Islam. The existence of incompatibility of Islamic economic theory with the application of contemporary economics does not mean that Islamic economics is not applicable, but it motivates us to implant Islamic economics proportionally and objectively in life. In order to analyze the problems, in this article, author uses a combination of mindset based on reality with faith, then author draws conclusion on the nature of reality of transaction, by  comparing reality with argument and opinion relating to" Does interest applied nowadays include riba and how is the danger of consuming usurious results?"

scholarly journals Reconstruction of Islamic Economic Theory: From Revelation to Methodology

10.26414/a071 ◽  
2020 ◽  
Vol 7 (2) ◽  
pp. 50-69
Author(s):  
Bayu Taufiq Possumah ◽  
Abdul Ghafar Ismail
Keyword(s):  
Economic Theory ◽  
Islamic Economic

scholarly journals Faktor-Faktor Produksi Dan Konsep Kepemilikan

2016 ◽  
Vol 2 (1) ◽  
pp. 29
Author(s):  
Muhdi Kholil
Keyword(s):  
Economic Theory ◽  
Production System ◽  
Private Property ◽  
Theory And Practice ◽  
Economic Welfare ◽  
Social Harmony ◽  
Good Material ◽  
Production Concept ◽  
Islamic Economic ◽  
Minimal Effort

<p>Issues that are fundamentally appointed by Mannan in his book entitled: "Islamic Economic Theory and Practice" in the Islamic economic system in the theory or production concept is the principle of wealth. The concept of economic welfare in Islam consists of an increase in revenues that caused by increasing of production of good material through using resources maximally, both human and objects. Thus, the improvement of production system in Islam not only mean increased revenues that can only be measured in terms of money, but also improvements in the fulfillment of our needs maximally with minimal effort, but still consider the commandments of Islam in consumption.</p><p>When talking about the concept of ownership, Mannan had been taken ownership based on the Quran and As-Sunnah. In this case, Islam was different from capitalism and communism, because none of them was successful in placing individuals in a mosaic of social harmony. Private property is the foundation of capitalism. In other hand reducing of private property is its abolition is a target of socialist doctrine.</p>

scholarly journals Pergulatan Doktrin dan Realitas dalam Proses Teoretisasi Ekonomi Islam

2016 ◽  
Vol 11 (1) ◽  
pp. 212
Author(s):  
Hafas Furqani
Keyword(s):  
Social Sciences ◽  
Economic Theory ◽  
Three Dimensions ◽  
Empirical Reality ◽  
Islamic Economic

This article examines the struggle between the doctrine and reality in the process of theorizing Islamic economics that until now remains a challenge in building the science of Islamic economics. The process of theorizing is a problem of epistemology and methodology. As a discipline in the realm of social sciences, Islamic economics uses authoritative sources of Islam (al-Qur’ân and Hadîth), logic and empirical experience. Islamic economic theory is expected to grow from all three of these sources. In contrast to conventional economic theory, the theory of Islamic economics is expected to grow from Islamic doctrine or principle of economy and rooted in empirical facts. The methodology of Islamic economics play a role in integrating doctrine and empirical reality in the process of theorizing Islamic economics. This article describes the three sources of Islamic economic epistemology, the link between doctrine and reality, and the interaction and integration of doctrine and reality in the process of theorizing Islamic economics. Islamic economic theory that is born must have integrity and be tested on three dimensions: doctrine, rationality, and empirical experience.

Tinjauan Ekonomi Islam Terhadap Ekspor-Impor Sebagai Pendapatan Negara Indonesia

2020 ◽  
Vol 1 (1) ◽  
pp. 97-107
Author(s):  
Marsam ◽  
Ridan Muhtadi ◽  
Mansur ◽  
Moh. Safik
Keyword(s):  
Economic Theory ◽  
Trade Balance ◽  
Secondary Data ◽  
Scientific Paper ◽  
Export Sector ◽  
Analytical Research ◽  
Data Source ◽  
Good Trade ◽  
Islamic Economic ◽  
Economic Improvement

Islam as a perfect religion (kaffah) and Syumul has arranged several matters relating to Muamalah, one of which is related to International Trade in the field of Export-Import. When an era full of globalization as it is today requires many countries to be able to access export-import transactions in meeting their needs. Each of these activities becomes Muamalah's problem which must rely on human benefit. This scientific paper uses a qualitative approach to the type of descriptive-analytical research to illustrate the facts and characteristics of the export-import problem in terms of Islamic economic theory. The data source used is secondary data in theform of export-import reports published by the Central Statistics Agency and the Ministry of Trade along with some related documentation, books, and studies. The results explain that trade is the main pillar in a country's economy, as well as the concepts in Islamic economics. The economic improvement of a country can be seen from the intersional trade transactions in terms of export-import. Whereas what happened in Indonesia was that foreign trade, especially export-import, had not contributed significantly to income, the trade balance was negative. A good trade balance according to Islamic economic theory in the export sector is primarily in commodities that can be renewed, whereas in the import sector it is mainly in the form of commodities capable of fulfilling Islamic maqashid in Indonesian society.Keywords: Islamic Economy, Export-Import, and State Revenue

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