Al-Iktisab: Journal of Islamic Economic Law
Vol 1, No 1 (2017)

A Nexus between Identity Awareness and Decolonization Process of Local Economy: Indonesian Experience

Muhammad Hanif Al-hakim (Master Student at Centre for Advanced Studies on Islam, Science and Civilisation (CASIS) - UTM)

Article Info

Publish Date
31 May 2017

Abstract

This paper will examine four significant economic events – namely, Indonesiangovernment’s measure to nationalize the existing foreign enterprises in 1950s; debatein between 1949-1957 in searching of an appropriate ideology to be adopted as frameworkin devising economic policies; the rise of Sharia-compliant bank in early 1990s; and theemergence of Islamic co-operative financial institution called Bay al-Mâl wa al-Tamwîl(BMT), in relation to the advancement of people awareness of their right identity. Thefinding says that reality stated that decolonization movement in Indonesia from bottomupthat is contrary from ideal studies, and it is always connected with real identity thatthe decolonized people are certain with. By then, identity awarness is the way to thedecolonisation process that will impact to Islamization of economics in Indonesia.

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Journal Info
Al-Iktisab: Journal of Islamic Economic Law
Website

Abbrev

aliktisab

Publisher

Universitas Darussalam Gontor

Subject

Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

Description

Al-Iktisab: Journal of Islamic Economic law is a peer reviewed journal published by University of Darussalam (UNIDA) Gontor. The journal is semi-annual journal issued on May and November. The aims of the journal is to explore and develop economics related to Islamic laws that cover issues both from ...