Journal of Islam and Science
Vol 10 No 1 (2023): January-June

Initial and dynamics of conventional and Islamic economic thoughts

Agustan, Agustan (Unknown)
Siradjuddin, Siradjuddin (Unknown)
Misbahuddin, Misbahuddin (Unknown)

Article Info

Publish Date
30 Jun 2023

Abstract

Islamic economic thought is often negatively viewed due to unfairly reserved in the historical account. People tend to treat conventional economics as the best application for the betterment of humanbeings. This article tries to provide both economic thoughts aiming at positioning both in the views of their adherents. This research applies library one using descriptive analytical methods and normative-economic approaches by delving into the concept of conventional economy in both capitalist and socialist system. It can be said that Islamic economics is a representation of a middle way between both systems which applies the good principles of the two economic systems, and removes the aspects incompatible with Islamic system.

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Journal Info
Journal of Islam and Science
Website

Abbrev

jis

Publisher

Universitas Islam Negeri Alauddin Makassar

Subject

Religion Humanities Education Environmental Science Social Sciences

Description

Journal of Islam and Science (JIS) is a peer reviewed journal published by the Institute for Research and Community Engagement (LP2M) of Universitas Islam Negeri (UIN) Alauddin Makassar, Indonesia. The focus of JIS is to cover scholarly articels on Islam and Science related issues. The scope of JIS ...