An Islamic Perspective on Economic Development

2010 ◽  
pp. 221-233
Author(s):  
Zamir Iqbal ◽  
Abbas Mirakhor
Keyword(s):  
Economic Development ◽  
Islamic Perspective

A Preview on the Conceptualization of Contemporary Knowledge from Islamic Knowledge Management Perspective

2015 ◽  
Vol 3 (1) ◽  
pp. 44
Author(s):  
Khatijah Othman ◽  
Muhamadul Bakir Yaakub ◽  
Ahmad F. Yousif
Keyword(s):  
Economic Development ◽  
Knowledge Management ◽  
Significant Contribution ◽  
Rapid Development ◽  
General Concept ◽  
Human Engineering ◽  
Islamic Perspective ◽  
Management Perspective ◽  
Traditional Sense ◽  
Philosophy Of Knowledge

The philosophy of knowledge is known as an established discipline both from Islamic perspective and Western viewpoint. Generally, it can be understood as a source of economy, power and prosperity. With the knowledge as a source of provider, the economic development, political power, business transaction and networking; rapid development in telecommunication and technology, with various other developments in human engineering and education plus, etc.‟s; human civilization flourishes.  Focusing on the philosophy of knowledge and comparing its traditional sense with modern practice might lead us to discover some ways in which knowledge should be realized, managed and applied. Obviously, the issue and criteria that determine what constitutes knowledge is indeed crucial. Therefore, this paper highlights general concept of knowledge management from Islamic perspective and its significant contribution to human development. 

scholarly journals Islamic Perspective on the Impact of Ethics and Tax for Nigerian Economic Development

2016 ◽  
Vol 2 (3) ◽  
pp. 137-149
Author(s):  
Almustapha A. Aliyu ◽  
Mohammed Yusuf Alkali ◽  
Ibrahim Alkali
Keyword(s):  
Economic Development ◽  
Islamic Perspective ◽  
The Impact

scholarly journals Does Women’s Participation in Politics Matter for Economic Development in OIC-15? An Islamic Perspective

2021 ◽  
Vol 10 (2) ◽  
pp. 209-222
Author(s):  
Sari Ramdayani ◽  
M. Shabri Abd. Majid ◽  
Suriani Suriani
Keyword(s):  
Economic Development ◽  
Labor Force ◽  
Labor Force Participation ◽  
Trade Balance ◽  
Women's Labor ◽  
Female Population ◽  
Islamic Perspective ◽  
Women's Participation ◽  
Islamic Economic ◽  
Women's Labor Force Participation

This study aims to empirically determine and analyze the role of women's participation in politics, female population growth, trade balance, and women's labor force participation in promoting economic development across 15 OIC countries during the 2006-2017 period, both in short- and long-run from an Islamic perspective. Using the Panel Autoregressive Distributed Lag (ARDL) method, this study found that, in the short term, trade balance and women's labor force participation have promoted Islamic economic development. In contrast, women's participation has a negative effect on the economic development of OIC countries. In the long term, on the other hand, all variables have promoted Islamic economic development in OIC countries, except for the trade balance variable. These findings suggest that coordination and synergy for strengthening economic development among OIC countries need to be enhanced, focusing on women's role in politics, labor force, quality of population, and economic dimensions.JEL Classification: C33, F16, J16, O11, P48Ramdayani, S., Majid, M. S. A., & Suriani, S. (2021). Does Women's Participation in Politics Matter for Economic Development in OIC-15? An Islamic Perspective. Signifikan: Jurnal Ilmu Ekonomi, 10 (2), 209-222. https://doi.org/10.15408/sjie.v10i2.20214.

scholarly journals PONDOK PESANTREN MUKMIN MANDIRI DAN PERANNYA PADA PENGEMBANGAN MASYARAKAT DALAM KERANGKA MAQASHID SYARIAH

2020 ◽  
Vol 7 (5) ◽  
pp. 861
Author(s):  
Achmad Rifkih Mansur ◽  
Tika Widiastuti
Keyword(s):  
Economic Development ◽  
Community Development ◽  
Research Method ◽  
Qualitative Approach ◽  
Primary Data ◽  
Fundamental Theory ◽  
Main Subject ◽  
Islamic Perspective ◽  
Material Development

This study aims to determine the role of the Pondok pesantren Mukmin Mandiri towards the community within the maqashid syariah framework. The research method used is a descriptive qualitative approach. The data used in this study are primary data obtained from the Pondok pesantren Mukmin Mandiri Sidoarjo and the community around the pesantren. This study revealed that pesantren have the potential to develop an Islamic perspective. The focus of economic development does not lie in mere material development. Still, it must place man as his main subject and object in relation to the Khalifah of Allah on Earth. This study uses maqashid syariah as a fundamental theory. Classifying the activities of the pesantren Mukmin Mandiri activities into the sharia maqashid dimensions, namely religion (din), soul (nafs), reason (aqal), descent (nasl) and treasure (maal). The results showed that pesantren have a role in community development in terms of Islamic development based on maqashid syariahKeywords: Community Development, Islamic development, Maqashid syariah and Pondok Pesantren

scholarly journals The Impact of Good Governance on Economic Development from an Islamic Perspective

2016 ◽  
Vol 2 (4) ◽  
pp. 151
Author(s):  
Ibrahim Mahdi Aref
Keyword(s):  
Economic Development ◽  
Good Governance ◽  
Islamic Perspective ◽  
The Impact

على الرغم من وجود الإمكانات والموارد المتاحة في الإقليم إلا أنه يعاني من أوضاع تنموية واقتصادية صعبة، وانتشار فساد مؤسساتي مرتب، ويعود هذا في نظر الاقتصاديين والمؤسساتيين إلى عدم وجود اصلاحات اقتصادية حقيقية وعدم تمشية هذه الإصلاحات مع الإصلاح المؤسساتي، فإن وجود إمكانات وموارد هائلة في أي دولة ما لوحدها ليست كفيلة بجعل البلد على عجلة التنمية، بل يحتاج إلى سياسيين وإداريين واعيين لإدارتها، وبهذا ظهر ما يطلق عليه الحكم الراشد. ويهدف هذا البحث إلى التعرف على أثر الحكم الرشيد في التنمية الإقتصادية وتحقيقها. حيث أصبح كل المجتمعات تُدرك أن التراجع الإقتصادي والتنموي إنما ناشيء عن الحكم غير الصالح وعدم وجود إدارة رشيدة في البلد. فناقش البحث خصائص ومباديء ومؤشرات الحكم الرشيد من منظوري الوضعي والإسلامي وعلاقة كل ذلك بالنمو الإقتصادي، كما تم بيان الواقع التنموي في إقليم كردستان العراق، ومناقشة مؤشرات الحاكمية الرشيدة التي وضعها البنك الدولي، وفيما يخص العراق اتضح أن جميع هذه المؤشرات ذات قيم سالبة سواء في المدة التي سبقت أحداث 2003 أم تلك التي بعد هذه المدة وحتى اليوم. ورغم أن الإقليم شبه مستقلة إداريا واقتصادياً عن العراق إلا أن الأوضاع السياسية فيهما متوافقة إلى حد ما، حيث الحكم في العراق يعاني من محاصصات طائفية وقومية وفي الإقليم يعاني من محاصصات حزبية وفئوية وعلى أساس اجتماعي طبقي. مما يعني ذلك تدهور الدولة وتراجعه من كل النواحي وعلى رأسها محاربة الفساد، وتوفير البيئة المناسبة للتنمية، بل أصبحت الدولة نفسها في العراق والإقليم في يومنا جزءاً من الفساد الموجود.     وعليه فقد قام الباحث بكتابة هذا البحث لبيان أثر الحكم الرشيد في التنمية الاقتصادية من منظور إسلامي، وإمكانية تطبيقه في إقليم كردستان العراق.

scholarly journals Role of Macro-Economics in Minimizing Obstacles to Sustainable Development (Islamic Perspective)

2017 ◽  
Vol 9 (8) ◽  
pp. 179
Author(s):  
Ibrahim Mohammad Khrais ◽  
Ismail Y. Yamin
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Economic Welfare ◽  
Major Conclusion ◽  
Public Economic ◽  
Islamic Perspective ◽  
Stage Of Development ◽  
The Earth ◽  
Development Section

Economic development occupies a significant status is Islam, as Muslims are commanded to settle and advance the earth. Since anything required to perform a duty is a duty itself, settling the earth can be achieved only by development, which can be achieved by production. The latter builds the earth and assists man in worshipping God.The present paper concentrates on the role of macroeconomics in accomplishing economic development from an Islamic perspective. The Noble Qur’an verses and Hadith traditions are reported from specialists in a bid to provide the sought complete picture.Section One investigates the capitalistic view to solve economic crises, which represent the major obstacle to any stage of development. Section Two defines economic development from an Islamic perspective, as well as the criteria set to solve relevant problems. Section Three explores the obstacles to sustainable development in the Islamic World and proposes solutions to alleviate them.This brief study sheds light on the Islamic approach to (sustainable) development, showing the resulting public economic welfare, which would be definitely reflected on individual well-being.The major conclusion that sustainable development is a comprehensive concept associated with the continuity of economic, Poverty and unemployment are the most crucial obstacles that hinder sustainable development.

scholarly journals Agricultural Zakat From The Islamic Perspective

2020 ◽  
pp. 92-118
Author(s):  
Muhamad Firdaus Ab Rahman ◽  
Hussein 'Azeemi Abdullah Thadi ◽  
Azman Ab Rahman ◽  
Siti Faradiyah Ab Rahim
Keyword(s):  
Economic Development ◽  
Qualitative Methodology ◽  
Islamic Law ◽  
Staple Food ◽  
Legal Tradition ◽  
Policy Makers ◽  
Islamic Perspective ◽  
The Social ◽  
Social And Economic Development ◽  
Definition Of

Agricultural zakat that is practiced in Malaysia is imposed on staple food of a particular region that has met the nisab (minimal value). However, there are issues of non-uniformity estimation of agricultural zakah for instance inconsistency nisab setting for metric weights, and the applied rate variability. What are the root causes of the problems? Therefore, this paper is an attempt to highlight some issues inherent in the conceptualisation of agricultural zakat from Islamic perspective by analysing the definition of zakat, crops that have to be imposed with zakat, nisab, the rates imposed based on irrigation, and the deduction of some costs prior to the imposition of zakat.  A qualitative methodology was employed to analyse the data through inductive, deductive, comparative approaches. The findings identified non-uniformity estimation of agricultural zakah occurred due to the varied interpretation enriching the Islamic legal tradition by different schools of juristic thought. These findings will assist the policy makers and the management of zakat institutions to harmonise agriculture zakat framework based on the authenticity of Islamic law for the social and economic development in Malaysia. Abstrak Di Malaysia, zakat pertanian hanya diwajibkan ke atas makanan asasi sesuatu tempat dan telah mencukupi nisab. Namun, terdapat isu ketidakselarasan taksiran zakat pertanian misalnya ketidakselarasan penetapan nisab bagi timbangan metrik gantang, dan kepelbagaian kadar yang dikenakan. Persoalannya, apakah faktor utama kepada isu ini? Justeru, kertas kajian ini merupakan usaha untuk mengetengahkan beberapa isu yang timbul dalam pendekatan konseptual  zakat pertanian dari perspektif Islam dengan menganalisa definisi zakat pertanian, tanaman yang dikenakan zakat, nisab, kadar yang dikenakan berdasarkan pengairan, dan potongan kos-kos tertentu sebelum diwajibkan zakat. Metodologi kualitatif digunakan bagi menganalisa data melalui kaedah induktif, deduktif, dan perbandingan. Hasil kajian menunjukkan bahawa ketidakselarasan taksiran zakat pertanian merupakan natijah daripada kepelbagaian cara berfikir dalam menentukan hukum menurut perspektif syarak bagi setiap mazhab. Implikasi kajian ini dapat membantu pembuat dasar dan pengurusan Institusi Zakat untuk menyelaraskan rangka kerja zakat pertanian berdasarkan keaslian undang-undang Islam bagi pembangunan dan pemantapan sosio ekonomi Malaysia.

Islamic Work Ethics and Economic Development in Islamic Countries: Bridging Between Theory and Reality

2018 ◽  
Vol 2 ◽  
pp. 43-50
Author(s):  
Azharsyah Ibrahim
Keyword(s):  
Economic Development ◽  
Work Ethic ◽  
Max Weber ◽  
Work Activities ◽  
Work Ethics ◽  
Islamic Perspective ◽  
Western Economy ◽  
Islamic Countries ◽  
Islamic Religion ◽  
Do So

The issue work ethic and religion become popular when Max Weber developed a theory on Protestant Work Ethics (PWE) which seems later is able to reinforce the Western economy through its capitalism ideology. In his work, Weber claimed that only the Protestant Christian could accelerate and boost up the economy while none of the eastern religions including Islam would be able to do so. Although many scholars have refused the claim, the backwardness of many Islamic states, ethically and economically, has risen the question about the teaching of Islamic religion on work activities. Therefore, this paper aims to explore the concept of work ethics from an Islamic perspective. In specific, it intends to extract the concept, principle, dimension and values of Islamic Work Ethics (IWE) to be operationalized into daily practices. It revealed that many Quranic verses and Hadiths have directly and indirectly discussed the concept of work ethics in Islam. If properly operationalized, it can bridge the gap between the theory of IWE and the realities of economic development in Islamic states. Adherence to it will influence the economic development in Islamic countries that brings virtuous worldly life (al-falah fi al-dunya), as well as preparing for the success of afterlife (al-falah fi al-akhirah).

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