Characteristics and Design of Islamic Economy
Downloads
Background. Islamic economics is an economic system rooted in sharia principles, emphasizing justice, social welfare, and ethical business practices. In recent years, there has been a growing interest in understanding and implementing Islamic economic principles as an alternative to conventional economic systems.
Purpose. The primary aim of this research is to design and build a comprehensive Islamic economic framework. By examining both classical and contemporary literature, this study seeks to identify fundamental concepts and practices that define Islamic economics and explore how these can be applied in today's economic environment.
Method. The research utilizes a library research method, which involves extensive literature review. Data collection was conducted by searching written sources such as academic books, scholarly journals, articles from online databases, and official documents.
Results. The study found that Islamic economics provides a sustainable and ethical alternative to conventional economic systems. The proposed Islamic economic framework emphasizes distributive justice, inclusive economic participation, and responsible resource management. The research highlights how these principles can be applied in modern contexts, addressing challenges and ensuring alignment with sharia principles.
Conclusion. The study concludes that the Islamic economic framework offers a viable and ethical alternative to conventional economic models, promoting fairness and social welfare. It also suggests several recommendations for integrating these principles into national economic policies to ensure more effective implementation.
Al-Salus, A. (1996). Al-Iqtishad Al-Islami Wa Al-Qadhaya Al-Fiqhiyyah Al-Muashirah. Dar al-Thaqafah.
Al-Zuhayli, W. (2009). Tafsir al-Munir Vol 14. Dar al-Fikr.
Alfiyan, M., Wahyudi, R., Maimunah, M. B. A., & Riduwan, R. (2023). Financial stability in Indonesian Islamic banking using Z-Score: Before and during Covid-19. Al-Uqud?: Journal of Islamic Economics, 7(1), 17–32. https://doi.org/10.26740/aluqud.v7n1.p17-32
Fadilah, N. (2022). Karakteristik Dan Rancang Bangun Ekonomi Islam. Tadayun: Jurnal Hukum Ekonomi Syariah, 3(2), 163–182. https://doi.org/10.24239/tadayun.v3i2.84
Faudzi, M., Khoirudin, R., Afifah, H.L.N., & Abasimi, I. (2023). Analysis Of The Welfare Of Tobacco Farmers In Banaran Village, Tembarak District, Temanggung Regency. Jurnal Mebis, 8(2), 109–120. https://doi.org/10.33005/mebis.v8i2.443
Faudzi, M., Salsabila, T., Putra, M.A.R.G., Salim, A., Lubis, F.R.A., Khoirudin, R., & Sukarniati, L. (2023). A Scientometric Analysis of Debt and Risk in Islamic Bonds. Proceedings of Femfest International Conference on Economics, Management, and Business, (1), 308-324
Fitria, T. N. (2016). Kontribusi Ekonomi Islam Dalam Pembangunan Ekonomi Nasional. Jurnal Ilmiah Ekonomi Islam, 2(03), 29–40. https://doi.org/10.29040/jiei.v2i03.3
Ghozali, M., Sahid, M. M., & Rohman, M. Z. (2023). The Analysis of the Development of Islamic Economic System in Europe with the Increasing Capacity of Muslims as a Minority. 7(1), 95–112. https://doi.org/10.21111/aliktisab.v7i1.10001
Irawan, D. & Mutmainah, A. D. (2022). Peran Pendidikan Agama Islam Dalam Membentuk Kepribadian Yang Mulia. Symfonia?: Jurnal Pendidikan Agama Islam, 2(2), 99.
Khan, M. A. (1994). An Introduction to Islamic Economics. The International Institute of Islamic Thought.
Khoirudin, R., Adi, P.H., & Suharno. (2023). Analysis of Indonesian Shrimp Exports to The United States Trough ECM Approach. Proceeding of International Conference Sustainable Competitive Advantage, 4(1), 1-10.
Khoirudin, R. Suharno & Arintoko. (2023). The Impact Of Monetary Policy And Economic Stability On The Residential Property Price Index In Indonesia. Proceeding of Midyear International Conference (2), 354-465.
Linggawati, W. (2022). Prinsip Dasar Rancang Bangun Ekonomi Islam. Al-Maqashid: Journal of Economics and Islamic Business, 2(1), 1–11. https://doi.org/10.55352/maqashid.v2i1.259
M. al-’Azim, A.-Z. (1995). Manahil Al-’Irfan Fi ’Ulum Al-Qur’An (Fawwaz Ahmad Zamarali (ed.)). Beirut: Dar al-Kitab al-Arabi.
Rahmad. (2022). Prinsip Dan Karakteristik Ekonomi Islam Perspektif Fiqh. HEI EMA?: Jurnal Riset Hukum, Ekonomi Islam, Ekonomi, Manajemen Dan Akuntansi, 1(2), 62–75. https://doi.org/10.61393/heiema.v1i2.73
Ramdani, D. (2018). Prinsip Bagi Hasil Dalam Akad Mudharabah Dan Musyarakah Pada Bank Syariah. Aktualita (Jurnal Hukum), 1(2), 540–565. https://doi.org/10.29313/aktualita.v1i2.3988
Rahman, H.Y., Lubis, F.R.A., Putra, M.A.R.G, Yuandita, R., & Khoirudin, R. Environmental Kuznets Curve Hypothesis: Before and After Sustainable Development Goals. KnE Social Sciences, 1-10.
Riduwan, Ilyas, H., & Adha, A. M. (2023). Corporate Zakat in the Perspective of Stakeholder Theory?: A Case Study of Islamic Rural Banks. AFKARUNA, 19(1). https://doi.org/https://doi.org/10.18196/afkaruna.v19i1.16329
Riduwan, Mutmainah, L., & Wahyudi, R. (2020). Islamic Social Reporting Disclosure of Sharia Commercial Banks in Indonesia: A Form of Social Responsibility. Shirkah: Journal of Economics and Business, 5(3), 337. https://doi.org/10.22515/shirkah.v5i3.336
Riduwan, R., & Wahyudi, R. (2018). Contribution of macroprudensial policy of central bank on microprudensial Islamic banking. INFERENSI: Jurnal Penelitian Sosial Keagamaan, 11(2), 291–308. https://doi.org/10.18326/infsl3.v11i2.291-308
Sandimula, S. N. (2022). Ekonomi Qur’Ani: Karakteristik Dasar Ekonomi Islam Dalam Al-Qur’an. Jurnal Economina, 1(3), 502-513.
Sulaiman, F., Lutfi, M., & Muin, R. (2022). Karakteristik Dan Rancang Bangun Ekonomi Islam. Tadayun: Jurnal Hukum Ekonomi Syariah, 3(2), 163–182. https://doi.org/10.24239/tadayun.v3i2.84
Supriadi, & Ismawati. (2020). Implementasi Prinsip-Prinsip Perbankan Syariah untuk Mempertahankan Loyalitas Nasabah. Jurnal Hukum Ekonomi Syariah, volume 3, 41–50. https://doi.org/10.30595/jhes.v0i0.7002
W. Al-Zuhayli. (2009a). Tafsir Al-Munir (Vol 7). Dar al-Fikr.
W. Al-Zuhayli. (2009b). Tafsir ALMunir (Vol. 10).
Wahyudi, R., Mujibatun, S., & Riduwan. (2019). Debt and Equity-Based Financing, Size and Islamic Banks Profitability: Empirical Evidence from Indonesia. IQTISHADIA, 12(2), 227–239. https://doi.org/10.21043/iqtishadia.v12i2.3539
Copyright (c) 2024 Budi Jaya Putra, Altis Puspa Gatari

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.