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All Journal Widya Cipta : Jurnal Sekretari dan Manajemen Nizham Journal of Islamic Studies
SYAHRUDDIN KADIR
Universitas Sipatokkong Mambo
Religion Decision Sciences, Operations Research & Management Education Social Sciences

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THE SHARIA ECONOMIC INSTITUTION'S HISTORY IN INDONESIA SYAHRUDDIN KADIR
Nizham Jurnal Studi Keislaman Vol 11 No 02 (2023): Vol 11 No 02 (2023): Nizham: Jurnal Studi Keislaman
Publisher : Pascasarjana IAIN Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32332/nizham.v11i02.7619

Abstract

The goal of this research is to learn more about the institutionalization of the Islamic economy in Indonesia, which is a fair economic system that works to preserve social and political life within bounds that don't jeopardize the general welfare. This study employs a method known as a literature review or literature study. The findings of this study show that external factors, such as the establishment of Islamic banks in other nations, trade missions, and preaching that facilitate the implementation of the Islamic economic system, have played a significant role in the history of Islamic economic thought and institutionalization in Indonesia. The internal aspect is public awareness, namely Muslim intellectuals' efforts to adopt an Islamic-based economic system among Indonesia's mostly Muslim population. With several laws controlling Islamic contracts and goods, institutionalization, and systems run by Islamic banks in Indonesia, the Islamic economy has up until now continued to grow. The growth of Islamic economic institutions, however, still falls short of Islamic financial literacy, where knowledge of Islamic economics is still quite poor.
Conventional Fiscal Policy System and Islamic Economics in The Indonesian Economy Syahruddin Kadir; A. Ika Fahrika; Irwan Misbach
Widya Cipta - Jurnal Sekretari dan Manajemen Vol 8, No 1 (2024): Maret 2024
Publisher : Universitas Bina Sarana Informatika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31294/widyacipta.v8i1.17149

Abstract

The economic crisis and political turmoil in the 1990s did not guarantee the strength of Indonesia's economic situation, therefore political and fiscal decentralization was initiated and Law No. 25 was passed in 1999. This research aims to understand conventional fiscal policy and Islamic economics in the Indonesian economy. This research method uses literature study through secondary data collection. The results of this research show that conventional fiscal policy has a stability function that aims to, among other things, maintain high employment opportunities, relatively stable price levels, and economic growth rates. This function shows the similarity of the functions and benefits of zakat, jizyah, khums, and kharaj in Islamic economic fiscal policy. If zakat, jizyah, khums, and kharaj are instruments of fiscal policy, the redistribution of income and wealth will take place, then the problem of poverty and economic growth can be reduced and will have a good impact on economic and political stability. According to experts, the concept of contractionary fiscal policy is reducing government spending so that the money supply can be reduced through income redistribution. This is in line with the aim of fiscal policy instruments in Islamic economics to improve the living standards of the poor by redistributing the income of the rich to the poor.
Co-Authors A. Ika Fahrika Irwan Misbach