The Concept and Implementation of Economic Policy According to Islamic Law

Asmawati Asmawati* -  Staff of the Ministry of Religious Affairs at Bone Regency, Indonesia

DOI : 10.35673/al-bayyinah.v5i1.1432

The economy has improved very rapidly in the digital age. The birth of various policies that actually do not consider the religious side, which only cares about profit. This becomes a challenge in providing a factual answer to the conception of economic policy that is in line with economic principles in accordance with Islamic law.So, it is very urgent to re-explore the conception and implementation of economic policies outlined in Islamic law. The study is a conceptual study by conducting a literature review. This study focuses on theories related to the concept of economic policy in the perspective of Islamic law.The findings in this study indicate that economic policies in Islamic law have been stipulated in the Islamic texts which substantially prohibit policies that use people's property, criminalizing policies. Economic policies that are in accordance with Islamic law are policies that are fostering in increasing economic development.This economic policy has long been practiced by the Prophet (pbuh) and his companions during the period ofkhulafaurasyidin as a way to improve the economy with policies that are relevant to the objectives of the Islamic texts. The implication of this finding is that in carrying out economic policies always consider economic policies that are in line with the provisions of the Quran and hadith.

Keywords
Conception; implementation; economic policy; Islamic law
  1. Al-Asfahani, Arraghib. Mu’jam Mufradat al-Qur’an. Lubnān: Dar al-Qalam, 1987.
  2. Al-Assal, Ahmad Muhammad and Fathi Ahmad Abdul Karim. Manhaj al-Tijārah al-Islamiyah; Asasuhawa Qasduha translated by Abu Ahmadi with the title SistemEkonomi Islam; Prinsip-prinsip dan Tujuannya. Jakarta: Bina Ilmu, 1990.
  3. Al-Mahalla, Jalaluddin Muhammad Ibnu Ahamd. Tafsir Jalalaen, Chapter 1. Bandung: al-Maarif, t.th.
  4. Amalia, Euis. "Mekanisme Pasar dan Kebijakan Penetapan Harga Adil dalam Perspektif Ekonomi Islam." Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah 5.1 (2013).
  5. Asmawati, Asmawati. "PROGRESIF SUMBER KEUANGAN ISLAM DI ERA KLASIK DAN MODERN." Al-Bayyinah 3.2 (2019): 204-219.
  6. Djazuli, p. and Yadi Janwari. Lembaga-lembaga Perekonomian Umat; Sebuah Pengenalan. First Print; Jakarta: PT. Raja Grafindo Persada, 2002.
  7. Hafizah, Yulia. "Kebijakan Ekonomi Indonesia Ditinjau dari Konsep Dasar Ekonomi Islam." Millah: Jurnal Studi Agama 4.2 (2016): 31-46.
  8. Hamzah, Hamzah. "Problematika Pengoptimalan Potensi Wakaf Produktif di Kabupaten Bone." Ekspose: Jurnal Penelitian Hukum dan Pendidikan 18.1 (2019): 741-752.
  9. Ministry of National Education. Kamus Besar Bahasa Indonesia. Second Print; Revised Ed.; Jakarta: Balai Pustaka, 2002.
  10. Mustafa, Ibrahim et.al. al-Mu’jam al-Wasith. Teheran: Maktabah Islamiyah, t.th.
  11. Salim, Abd. Muin. Ekonomi dalam Perspektif al-Quran. Ujungpandang: IAIN Alauddin, 1994.
  12. Sulaiman,Thahir Abdul Muhsin. Menanggulangi Krisis Ekonomi secara Islam. First Print; Bandung: al-Ma’arif, 1995.
  13. Yunus, Mahmud. Kamus Arab Indonesia. First Print; Jakarta: Hidakarya Agung, 1992.

Full Text:
Article Info
Submitted: 2021-05-17
Published: 2021-07-11
Section: Articles
Article Statistics: 223 212