scholarly journals The Islamization of Economic Systems: A Methodological Approach

2020 ◽  
Vol 4 (1) ◽  
pp. 83
Author(s):  
Denizar Abdurrahman Mi'raj ◽  
Nissar Ahmad Yatoo
Keyword(s):  
Economic System ◽  
Research Methods ◽  
Historical Perspective ◽  
Methodological Approach ◽  
Historical Analysis ◽  
Economic Systems ◽  
Library Research ◽  
Three Stages ◽  
Islamic Economic

This paper is an attempt to discuss Islamization of economics in historical perspective. Focus of the discussion is not only the Islamization of economics but also realization of an Islamic economic system. This research is based on library research methods and supported by historical analysis. Conclusive information was collected from various studies and analysed for the conception of implementing methodological steps to realize the Islamization of the economic system. Studies were reviewed and investigated in three stages: general, exploratory, and focused learning. The findings of this study reveal that Islamization of economics cannot stand alone without the Islamization of every Muslim and the Islamization of society. Like Islamization of a society is realized with organization of Muslim families, Islamization of economics can be realized by increasing the number of economists who have knowledge of sharia.

scholarly journals COMPARISON OF ISLAMIC ECONOMY AND CONVENTIONAL ECONOMY TO PEOPLE'S INCOME GROWTH IN REDUCING POVERTY AND UNEMPLOYMENT

2020 ◽  
Vol 1 (2) ◽  
pp. 259-274
Author(s):  
Tarmizi Tarmizi
Keyword(s):  
Economic System ◽  
Economic Systems ◽  
Economic Activities ◽  
Capitalist System ◽  
The People ◽  
Socialist Economic ◽  
Islamic Economic ◽  
Islamic Faith ◽  
The Right ◽  
Socialist Economic System

Islamic economic system is built on the foundation of the Islamic faith, the faith in question is the right because it comes from Allah brought to mankind through the prophet Muhammad. The Islamic faith is a faith that satisfies reason, reassures the soul, and is in accordance with human nature. In an individual context, economic activity is based on the values of worship. The economic system known by society globally is the capitalist and socialist economic system. In the economic context, both systems have been able to increase the prosperity of the people in the country that uses both economic systems. The capitalist system is influenced by the zeal to make the most of its profits with limited resources. This capitalist venture is supported by the values of freedom to make ends meet. This freedom resulted in high competition among others in defense, while the socialist economic system had the goal of mutual prosperity. In conclusion, the Islamic economic system is a solution economic system for various problems that have arisen, while the conventional economic system is an economic system that is widely used by various countries in the world, including Indonesia. A conventional economy is an economic system that gives full freedom to everyone to carry out economic activities.

scholarly journals Sistem Ekonomi (Islam) dan Pelarangan Riba dalam Perspektif Historis

2018 ◽  
Vol 4 (01) ◽  
pp. 1
Author(s):  
Risanda Alirastra Budiantoro ◽  
Riesanda Najmi Sasmita ◽  
Tika Widiastuti
Keyword(s):  
Economic System ◽  
Economic Activity ◽  
Historical Perspective ◽  
Public Life ◽  
Economic Activities ◽  
Economic Problems ◽  
Islamic Thought ◽  
Islamic Economic ◽  
Islamic Civilization

Allah has given the guidance in the form of Islam for Muslim to take and lead all the aspects of life including the economic activity. The Islamic economic system is believed to be the answer of the economic problems that exist at this time. The goal is to achieve falah in kaffah by not doing some economic activities that are in violation as prescribed by Islam. For example is riba. Discourse on riba can be said "classical" both in the development of Islamic thought and in Islamic civilization because riba often occurs in all aspects of public life, especially economic transactions (in Islam called muamalah). Riba is an additional retrieval, either in a sale and purchase transaction or lending in a false or contrary to the principle of muamalah in Islam. Prohibition of riba is obtained from various sources by the Qur'an and Hadith Rasulullah SAW, so the scholars firmly and clearly defined the prohibition of riba because there are exploitative elements that can harm the others. So, this study is aimed to identif yIslamic economic system and the prohibition of riba in historical perspective. From the results of this study is expected to be a good reference for the reader to understand the Islamic economic system and riba in the future.Saran sitasi: Budiantoro, R., Sasmita, R., & Widiastuti, T. (2018). Sistem Ekonomi (Islam) dan Pelarangan Riba dalam Perspektif Historis. Jurnal Ilmiah Ekonomi Islam, 4(01), 1-13. doi: http://dx.doi.org/10.29040/jiei.v4i1.138

PERKEMBANGAN FINANCIAL TECHNOLOGI (FINTECH) BERDASARKAN PERSPEKTIF EKONOMI ISLAM

2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Hendra Kusuma ◽  
Wiwiek Kusumaning Asmoro
Keyword(s):  
Literature Review ◽  
Economic System ◽  
Daily Life ◽  
Legal Principles ◽  
Applicable Law ◽  
Library Research ◽  
Start Up ◽  
Islamic Economic ◽  
Financial Transactions ◽  
Financial Technology

This research is a library research. The method used in this research is Library Research or literature review, which collects data from literature and other sources that support and are related to the discussion of this study. The results of this study are: (1) There are 5 major roles of Start-up Financial Technology, namely, First financial transactions become more practical and safer. Second, it can advance the development of bitcoin. Third, it can improve people's lives. Fourth, it can build banking infrastructure as a solution to increase people's purchasing power. Fifth, can remove loan sharks. (2) The relevance of Financial Technology in today's development, it is very clear that its relationship in the daily life of the community, which provides convenience for the needs of the community in conducting financial transactions, such as payments, buying and selling of shares, borrowing and other transactions through technology. (3) Financial Technology is not contradictory to the Islamic economic system as long as it follows the legal principles of a contract, and meets the conditions and principles as well as the applicable law.

scholarly journals Dari Konsep Ekonomi Islam Sampai Urgensi Pelarangan Riba; Sebuah Tawaran Ekonomi Islam Timur Kuran

2021 ◽  
Vol 6 (2) ◽  
pp. 215-232
Author(s):  
Havis Aravik ◽  
Achmad Irwan Hamzani ◽  
Nur Khasanah
Keyword(s):  
Resource Use ◽  
Alternative School ◽  
Descriptive Analysis ◽  
Safety Net ◽  
Economic Thought ◽  
Economic Systems ◽  
Research Approach ◽  
Library Research ◽  
Efficient Resource ◽  
Islamic Economic

Islamic economic thought became increasingly prevalent with the birth of various schools of thought in Islamic economics. One of them is the critical alternative school that was pioneered by Timur Kuran. This research will discuss from Islamic economics to the urgency of prohibiting usury; an offer of the East Kuran Islamic economy. With the aim of knowing and analyzing the extent to which Eastern Kuran's economic thought made significant contributions to the development of contemporary Islamic economics. This research is a qualitative research with a library research approach and all data obtained were analyzed using descriptive analysis methods. The results of this study indicate that Timur Kuran is one of the pioneers of the Critical alternative school which critically studies various concepts of Islamic economics and banking. Various forms of economic thought such as from the concept of Islamic economics are none other than modern doctrines that offer alternatives to the economic systems of Capitalism and Socialism. The emergence of an Islamic economy was none other than political-cultural, with the largest contribution coming from Pakistanis, zakat is a more effective safety net than a secular redistribution system and the waqf system does not yet have the flexibility needed for efficient resource use, and the Qur'an prohibits the practice of usury which involves compounding the debt of a loan that is unable to make payments according to a predetermined schedule.

scholarly journals Studi Komparasi Pemikiran Ekonomi Islam Syed Nawab Haider Naqvi dengan Yusuf Al-Qardhawi

2021 ◽  
Vol 4 (1) ◽  
pp. 136-161
Author(s):  
Muhammad Irwin Muslimin ◽  
Darwanto Darwanto
Keyword(s):  
Economic System ◽  
Economic Activity ◽  
Qualitative Method ◽  
Axiomatic Approach ◽  
Comparative Approach ◽  
Economic Ethics ◽  
Library Research ◽  
Analysis Technique ◽  
Islamic Economic ◽  
Research Show

The existence of Islamic Economics in recent years has risen. This makes the development of Islamic Economics more diverse. This needs to be addressed wisely by examining various points of views, including the thoughts of Islamic Economists regarding the Islamic Economic System, so that the knowledge about the Islamic Economic System is fundamentally known by various parties. This research uses a qualitative method using library research method with a comparative approach. This literature research explains and compares the thoughts of two contemporary Islamic Economists, namely Syed Nawab Haider Naqvi and Yusuf Al-Qardhawi. The data analysis technique used is content analysis and comparison. Union intersection tool is used to compare several dimensions of the thoughts of the two Islamic Economists regarding Islamic Economic System. The results of the research show that the thoughts of Syed Nawab Haider Naqvi and Yusuf Al-Qardhawi regarding Islamic Economic System are related to each other and classified into the same dimensions of basic views, economic ethics and government roles. Syed Nawab Haider Naqvi is famous for his approach of axiomatic approach and Yusuf Al-Qardhawi through ethical approach. Both support integrating Islamic norms and ethics that are sourced from the Qur'an and Hadith into every economic activity.

scholarly journals Sharia Islamic Economics in the Middle of Civilization Transition

2021 ◽  
Vol 3 (1) ◽  
pp. 64-75
Author(s):  
Mohammad Ghozali ◽  
Resi Handayani ◽  
Wahyudi Bakri
Keyword(s):  
Economic System ◽  
Secondary Data ◽  
Advantages And Disadvantages ◽  
Positive Side ◽  
Library Research ◽  
The Government ◽  
Islamic Economic ◽  
The Individual ◽  
The Right ◽  
The Relationship

The existence of an economic system of capitalism, an economic system of socialism, and an economic system of sharia are a response to problems regarding the economy as well as an answer to removing people from the obscurity of the existing economic system. It’s hoped that these systems will be the key to the economic success of a society. But there are always advantages and disadvantages to every existing system. The economic system of capitalism is an economic system hi which investors or owners of capital are the movers and rulers. Meanwhile, the economic system of socialism is a system hi which the government is the main control, this system ignores the position of the individual, everything is regulated by the ruler and no one has the right other than the ruler. The considerations positives and negatives of each system have created a sharia economic system where this system has every positive side of the capitalist and socialist economic system but ignores the shortcomings or negative sides of the two systems. This paper discussed how the economic system of capitalism, the economic system of socialism, the Islamic economic system, and the relationship between them. The method used in this writing was library research, in which the authors used various secondary data from books, article, and many more. The results showed that it is clear that there are far differences between the conventional economic system and the Islamic economic system, the conventional economic system includes the economic system of capitalism and the economic system of socialism.

scholarly journals KETAHANAN EKONOMI KELUARGA DALAM EKONOMI ISLAM: SEBAGAI UPAYA MENCARI SOLUSI ALTERNATIF

2021 ◽  
pp. 49
Author(s):  
M. Ikhwan ◽  
Imroatus Solihah
Keyword(s):  
Economic System ◽  
Qualitative Method ◽  
Economic Systems ◽  
Economic Resilience ◽  
Economic Problems ◽  
Normative Approach ◽  
Family Economy ◽  
The Family ◽  
The Government ◽  
Islamic Economic

This paper explains the Islamic economic system which is believed to be not only an alternative economic system but can be a solution to various economic problems including the family economy. To explain this will explain the definition, genealogy and comparison of Islamic economics with conventional economic systems, and the last explained the Islamic economic solution to the economic resilience of the family economy. This paper uses a qualitative method to narrate the concept of Islamic economics as a solution to the family economy with a philosophical and normative approach and refers to secondary research sources such as books, journals and other scientific articles. From the observations that have been made, the economic resilience of the family starts from applying the Islamic economy in household life, then being simple/modest, abandoning usury practices, giving zakat, the spirit of work, avoid asking for solicitation and addressing the government properly.

Online Shop Dalam Perspektif Ekonomi Islam

2021 ◽  
Author(s):  
Rachmad Risqy Kurniawan ◽  
Yeti Patmawati
Keyword(s):  
Research Methods ◽  
Economic Perspective ◽  
Library Research ◽  
Voluntary Consent ◽  
Interpretive Methods ◽  
Islamic Economic ◽  
Online Shops ◽  
Online Buying

Abstract: This study aims to further discuss the problems caused by the existence of online buying and selling transactions in online shops in the perspective of Islamic economics based on the Al-Quran Surah An-Nisaa verse 29 and Al-Mutaffifin verse 1. library research with interpretive methods used in this research are maudu'i (thematic) research methods and tahlili (analytic) interpretation methods. Based on the results of this study, it can be concluded that an Online shop or online buying and selling place is allowed in an Islamic economic perspective as long as it is based on the principle of consensual or voluntary consent from both parties, namely from the seller and the buyer and there is no cheating or fraud, so that each party gets what they want. rights that should be accepted in full are not reduced and their rights are harmed or oppressed.Keyword: Online shop, Islamic EconomicAbstrak: Penelitian ini bertujuan untuk membahas lebih jauh masalah-masalah yang ditimbulkan dengan keberadaan transaksi jual beli secara daring yang ada di online shop dalam perspektif ekonomi Islam berdasarkan Al-Quran Surat An-Nisaa Ayat 29 dan Al-Mutaffifin ayat 1. Penelitian ini merupakan penelitian kepustakaan (library research) dengan metode penafsiran yang digunakan dalam penelitian ini adalah metode penelitian maudu‘i (tematik) dan metode penafsiran tahlili (analitik). Berdasarkan hasil penelitian ini, dapat disimpulkan bahwa online shop atau tempat jual beli online dibolehkan dalam perspektif ekonomi Islam selama didasarkan pada prinsip suka sama suka atau kerelaan dari kedua belah pihak yaitu dari penjual maupun pembeli dan tidak ada kecurangan ataupun penipuan, sehingga setiap pihak mendapatkan apa yang semestinya diterima secara penuh tidak terkurangi haknya dan dirugikan atau terdzolimi.Keyword: Online shop, Ekonomi Islam

scholarly journals METODOLOGI ILMU EKONOMI ISLAM MONZER KAHF

2018 ◽  
Vol 2 (2) ◽  
pp. 193-205
Author(s):  
Ahmad Ubaidillah
Keyword(s):  
Economic System ◽  
Secondary Data ◽  
Economic Life ◽  
Primary Data ◽  
Data Types ◽  
Analytical Technique ◽  
Library Research ◽  
Internal Relations ◽  
Islamic Economic ◽  
Schematic Knowledge

Science, including Islamic economics, is a systematic knowledge acquired in certain ways agreed upon by scientists. Certain ways to acquire such schematic knowledge are called methodologies. Science is obtained through investigation or investigation. But not every investigation can be called a legitimate and recognized way to gain the knowledge. Science has certain ways or processes called research. Thus, the methodology is in fact the ways or scientific research techniques. The technique here means ways of conducting an investigation and assessing the findings or evidences, ie judging whether the finds are true or false. After seeing how important the methodology is in building a discipline, especially the discipline of Islamic economics, this paper will try to answer the question: how is the methodology offered by Monzer Kahf to build Islamic economics? The research method used in this research concerns types, approaches, sources and data types, data collection techniques, data analysis techniques. The type of this research is library research, namely research conducted by taking and collecting data from the literature related to the issues discussed. Sources of research data obtained are from the existing literature, by collecting primary and secondary data. Primary data in this study refers to the books and other research journals by Monzer Kahf. The secondary data in this research is obtained from books, magazines, journals, articles, and so forth, written by other writer. Analytical technique used is descriptive-analytical analysis method. The results show that the task of describing the Islamic economic system consists of two parts. First, Islamic economists have to find the theory of the components of the economic system and its internal relations. Second, they are to investigate the economic validity and power of the system. Essentially, the approach used to find the Islamic economic system is similar to the approach used to find the general theories and rules of fiqh. Economics as one of the social sciences needs to develop a path to history to explore its experiences and determine the direction of long-term economic life. Islamic economists must revise conventional economic theory to recognize and separate biased postulates. In other words, refining theories is full of the dogmatic, doctrinal, and moral views of the experts and the environment.

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