nep-isf New Economics Papers
on Islamic Finance
Issue of 2018‒07‒30
five papers chosen by
Halimatun Aris

  1. Teori pertukaran dan evolusi pasar perspektif Al-Ghazali By Putra, Adhitya
  2. Ibn Khaldun's Economic Thought By Mujahidin, Muhamad
  3. Sumbangan Zakat Fitrah Pada Kondisi Ekonomi Mustahik (Studi Penelitian di DKM Kecamatan Cibiru Kota Bandung) By fitriani, Azlina
  4. Economic policy caliph Umar ibn Khattab By Kusnadi, Jamaludin

  1. By: Putra, Adhitya
    Abstract: ABSTRACT This article confirms that Al-Ghazali's socio-economic thinking is rooted in the Islamic welfare concept. The method used in this paper is literature research that is reading and reviewing various sources related to the topic. The conclusion of Al-Ghazali's economic thought is the voluntary exchange and market evolution which includes demand, supply, price, profit and market ethics as well as usury and the role of the state in the advancement of the public economy.
    Keywords: Keywords: Al-Ghazali, Islamic Economics, Theory of exchange, Evolution of the market
    JEL: B00
    Date: 2018–06–01
  2. By: Mujahidin, Muhamad
    Abstract: This article describes the economic thinking of Ibn Khaldun. This study uses the historical approach of Islamic economic thinking through textual exegesis. The results of this study indicate the economic concept of Ibn Khaldun implying an economic system that requires five components is the Shari'a, government, society, ownership, free and fair economic activity.
    Keywords: Islamic Economics, Ibn Khaldun, Social, Fair, Free
    JEL: A10 A11 A13 B00 B11 E20
    Date: 2018–03–02
  3. By: fitriani, Azlina
    Abstract: This study aims to analyze the impact of zakat fitrah on the economic condition of mustahik zakat in Cibiru sub-District og Bandung District. The research method used is an interview to the chairman of DKM At-Tarbiyatul Islamiyah as a strategy of data collection and further search through tracing of existing documents. The results showed that zakat fitrah distributed to the poor, amil, ibnu sabil and fi sabilillah did not give a real effect on the economy mustahik due to the amount received is not too large and can only be used in the short term. Mustahik in East Bandung area, although including urban areas but in this region is still a large area of agricultural land both rice fields and horticultural and livestock farms. The so-called urban farming farm is well known to this suburban society. Organic farming process was introduced by the Department of Agriculture in sub-district of this city, aimed at improving the economy of society in the suburbs.
    Keywords: Keywords: fitrah, economy, increase, agriculture, organic
    JEL: Z1
    Date: 2018
  4. By: Kusnadi, Jamaludin
    Abstract: Umar bin Khattab was a close friend of the Prophet Muhammad that did policies in Islamic economy, especially macroeconomy, and found wisdom way to manage property (country wealth) and made people benefit with three ways, first: take the right way, second: given in accordance with their rights, and third; avoid from bad. It showed that management of Umar bin Khattab was neat in the country took financial management policy, the country will not take people property in wrong way.
    Keywords: ombudsmen, diwan, kharaj, public finance, Umar bin Khattab
    JEL: A11
    Date: 2018–07–07
  5. By: Albadri, Abdul Aziz Munawar
    Abstract: In any financing there must be a risk that arises as a result of failure by a counterparty to fulfill its obligations. At commercial banks, the financing referred to loans, while in Islamic banks are called estab-financing, while for the remuneration given or received at commercial banks in the form of interest (interest loan or deposit) within a specified percentage before her. Islamic bank, measured by the level of remuneration for the results of the business system. In addition, the credit application requirements more stringent Islamic banking from banking Convent-sional so that the credit risk of Islamic banking is smaller than conventional banking. it can be said that the risk of Musharaka financing in Islamic financial institutions is a normal considering that in any business whatsoever and wherever there is definitely potential risks. However, the occurrence of certain risks that can confront can be dealt with in various ways. For example, the risk was immediately faced with how to prepare to prepare for the possibilities that occur, or by transferring the majority of dependents through insurance agencies. The same thing can be found in the risk of Musharaka financing in Islamic financial institutions. Therefore, the management of such risks is important. Similarly, risk control musyarakat financing to credit risk and risk operasilan on Islamic financial institutions should be a concern for the managers of the financial institutions.
    Keywords: Risk, financing, Musharakah and Mudarabah
    JEL: A10 G21
    Date: 2018–07–19

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