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All Journal Iqtishadia: Jurnal Ekonomi dan Perbankan Syariah
Jamal Abdul Aziz
Program Pascasarjana, IAIN Purwokerto
Economics, Econometrics & Finance

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Penerapan Suku Bunga Bank Indonesia sebagai Instrumen Utama Kebijakan Moneter di Indonesia Perspektif Ekonomi Islam ala Syafruddin Prawiranegara Toufan Aldian Syah; Jamal Abdul Aziz
IQTISHADIA Jurnal Ekonomi & Perbankan Syariah Vol. 7 No. 2 (2020)
Publisher : Institut Agama Islam Negeri Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19105/iqtishadia.v7i2.3487

Abstract

Monetary policy is a factor that greatly determines the economic conditions of a country. Because it is very closely related to various things of economic activity in the efforts to achieve economic development that provides welfare for the community. This paper seeks to analyze the mechanisms of monetary instruments in Indonesia. Second, look at the extent of the implementation of monetary policy mechanisms in Indonesia by using Bank Indonesia Interest Rates. Third, the views of one of the Islamic economic leaders namely Sjafrudin Prawiranegara regarding the prohibition of the use of interest rates in Islam. Based on the analysis and discussion described above, the researcher concludes that the mechanism of interest rate-based monetary policy instruments in Indonesia remains the main instrument in controlling the country's economics and cannot be directly considered contrary to Islamic principles.
Co-Authors Toufan Aldian Syah