Iqtishoduna: Jurnal Ekonomi Islam
Vol 10 No 1 (2021): April

Towards Rahmatan lil ‘Alamin Economy (Analysis of Ukhuwah Islamiyah and Ashabiah for Economic Development in Medina)

Moh. Syarifudin (Departement of Islamic Economics, Faculty of Islamic Economics and Business, Fakultas Ekonomi dan Bisnis Islam, Institut Agama Islam Negeri Fattahul Muluk Papua, Jln. Merah Putih Buper Yabansai Heram Kota Jayapura Papua 99224)
Nur Kholis (Departement of Islamic Economics, Faculty of Islamic Economics and Business, Universitas Islam Negeri Sunan Ampel Surabaya, Jl. Ahmad Yani No. 117 Surabaya 60237)



Article Info

Publish Date
01 Apr 2021

Abstract

Islam provides fundamental sources for human development, including ukhuwah Islamiyah, ashabiah and rahmatan lil ‘alamin. These concepts are strategic in developing the economy of the state. The current article aims to analyze the economic development in Medina carried out by the Prophet Muhammad. The authors employed a qualitative method through narrative reviews of the extant literature. The study shows that before the hijrah of the Prophet, Medina was already a multicultural and heterogeneous society with many prolonged conflicts.. The Prophet devised a strategic approach to build the Medina economy and society. Ukhuwah Islamiyah was used to unify differing, often conflicting cultures, beliefs, and ethnicities to form a strong brotherhood. Ashabiah was applied to tighten the glue among society members, creating high social solidarity. Upon the perfection of Medina, the apostolate of rahmatan lil ‘alamin leads to a universal, inclusive, and sustainable economic development.

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Journal Info

Abbrev

iqtishoduna

Publisher

Subject

Economics, Econometrics & Finance

Description

The focus of the Journal of Syari'ah Economics and Islamic Business all aspects of scientific discussions about Islamic Economics, Syari'ah Banking and Islamic Economic Management ideas covering: 1) research article, 2) conceptual idea, 3) review of the literature, and 4) practical ...