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All Journal JURNAL PENDIDIKAN TAMBUSAI Journal on Education Al-Idarah : Jurnal Manajemen dan Bisnis Islam West Science Social and Humanities Studies West Science Islamic Studies
Zainol Hasan
Universitas Ibrahimy Situbondo
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Other

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Journal : Journal on Education

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Analisis Pemikiran Al-Ghazali Terhadap Permasalahan Fiat Money Zainol Hasan; Ahmad Faidi Mahrus
Journal on Education Vol 5 No 2 (2023): Journal on Education: Volume 5 Nomor 2 Tahun 2023
Publisher : Departement of Mathematics Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/joe.v5i2.1018

Abstract

The role of money in economic activity is as a transaction tool. Al-Ghazali's thought that money should be made of gold and silver. So, it is necessary to conduct an in-depth study of fiat money as a reference or basis for everyone. The method in this research is a literature review that has primary sources from Ihya Ulum Al-Din by Abu Hamid Al-Ghazali and secondary sources from books that examine the concept of fiat maney. Data analysis uses content analysis. Money has no price but can reflect the price of all goods or services. Al-Ghazali's strict prohibitions related to money include hoarding money, counterfeiting currency, and the practice of buying and selling currency. The use of fiat money in Al-Ghazali's thought should be made of gold and silver to avoid usury transactions, because according to him gold and silver are currencies that have stable value. Al-Ghazali strickly rejected the use of fiat money with the reason that currencies other than gold and silver could disrupt the stability of currency values and have an impact on the decline of the country's economy.
Co-Authors Adit Mohammad Aziz Ahmad Faidi Mahrus Eva Yuniarti Utami Fathorrosi Fathorrosi Helmi Ali Jasiah Jasiah Mardiati Mardiati Nofri Yudi Arifin Risma Fahrul Amin Sabil Mokodenseho Sri Lutfiyah Syarifuddin Syarifuddin Syarifuddin Syarifuddin Villia Anggraini Wily Mohammad