DOI : https://doi.org/10.22515/shirkah.v5i3.345

Islamic Economics Development in Indonesia: Reflection on Contemporary Thoughts of Muslim Intellectuals

Zainal Abidin (1)
(1) Faculty of Islamic Economics and Business, IAIN Madura
Fulltext View | Download
How to cite (SHIRKAH) :
Abidin, Z. (2020). Islamic Economics Development in Indonesia: Reflection on Contemporary Thoughts of Muslim Intellectuals. Shirkah: Journal of Economics and Business, 5(3), 411–435. https://doi.org/10.22515/shirkah.v5i3.345
Citation Format :
This study aims to establish the record of accomplishment of the strong hallmark of Islamic economic thought and its contribution to economic development. The ideas rooted from the Muslim intellectuals in Indonesia, the scholars of the State Islamic Religious Colleges (PTKIN) as institutions mandated in developing Islamic economics and human resources, were discussed to outline the multifaceted phenomenon of Islamic economic development. This study scrutinizes ideas conveyed in internationally reputed, Sinta 1-indexed, Web of Science-indexed, or Scopus-indexed journals. This study outlined a qualitative approach in the form of library research using content analysis. This study disclosed that Indonesian Muslim intellectuals brought to light the issue of zakah excessing other themes in the Islamic economy as the solution to perennial problems of the social, political, and cultural conditions of Indonesian society. The results of this study contribute to the views of Islamic economic concept and practice as insights and references of its continuous development in Indonesia.

Adibuddin, A., Setiawan, D., & Sutopo, B. (2019). The Recent Development of Islamic Economic Studies in Indonesia. Shirkah: Journal of Economics and Business, 4(1), 133-174. doi.org/10.22515/shirkah.v4i1.263

Addiarrahman. (2018). Ekonomi Kemakmuran Bersama: Indonesian Islamic Economic Thought of Kahrudin Yunus. Shirkah: Journal of Economics and Business, 3(3), 283-306. doi.org/10.22515/shirkah.v3i3.220.

Ali, S. S. (2015). Islamic economics and social justice essays on theory and policy. In H. A. El-Karanshawy et al. (Eds.), Islamic economic: Theory, policy and social justice. Doha, Qatar: Bloomsbury Qatar Foundation

Atmaja, F.F., Asmuni, Andriansyah, Y. (2019). An Islamic Economic Perspective of Public Finance in Indonesia based on Ad-Dawudi‘s Thought in Kitab Al-Amwal. International Journal Of Scientific & Technology Research, 8(6), 276-279

Baidhawy, Z. (2015). Lazismu and remaking the Muhammadiyah’s new way of philanthropy. Al-Jami’ah: Journal of Islamic Studies, 53(2), 387–412. https://doi.org/10.14421/ajis.2015.532.387-412

Chapara, M. U. (1997). Islam dan Pembangunan Ekonomi: Suatu strategi untuk pembangunan yang adil dan stabil. The International Institute Of Islamic Thought dan Thinker’s Library Sdn. Bhd.

Choiruzzad , S. A. B. & Nugroh, B. E. (2013). Indonesia's Islamic economy project and the Islamic scholars. Procedia Environmental Sciences 17, 957 – 966.

Djakfar, M. (2016). Contemporary Islamic Economic Thinking: A Sharia-based work culture reconstruction. KARSA: Jurnal Sosial dan Budaya Keislaman, 24(2), 269-281. DOI: 10.19105/karsa.v24i2.1127

Djatmiko, H. (2019). Re-formulation zakah system as tax reduction in Indonesia. Indonesian Journal of Islam and Muslim Societies, 9(1), 135–162. https://doi.org/10.18326/ijims.v9i1.135-162

Hamzah, H., Yudiawan, A., Umrah, S., & Hasbullah, H. (2020). Islamic economic development in Indonesian Islamic higher education. International Journal of Evaluation and Research in Education (IJERE), 9(1), 77-82.

Indriati, I., & Nugroho, M. (2019). Kuznet’s Hypothesis and Ibn Khaldun’s Socio-Economic Dimensions. Shirkah: Journal of Economics and Business, 4(1), 49-74. doi.org/10.22515/shirkah.v4i1.266

Iskandar, A., Possumah, B.T., Arifuddin, A. (2020). Rethinking islamic economic and finance practices in indonesia: Some critical reviews. International Journal of Islamic Business and Economics, 4(2), 81-94. doi.org/10.28918/ijibec.v4i2.2751.

Iskandar. (2018). Islamic Economics as A New Current of Economic Development in Indonesia. Muqtasid: Jurnal Ekonomi dan Perbankan Syariah, 9(2), 150-158.

Jahar, A. S. (2015). Transformasi Gerakan Ekonomi Islam Kontemporer. MIQOT: Jurnal Ilmu-Ilmu Keislaman, 39(2), 319–340. https://doi.org/10.30821/miqot.v39i2.28

Jahar, A. S. (2015). Marketing Islam through Zakah Institutions in Indonesia. Studia Islamika: Indonesian Journal For Islamic Studies, 22(3), 405–442. https://doi.org/10.15408/sdi.v22i3.2353

Kusuma, K. A. (2016). Zakah index: Islamic economics’ welfare measurement. Indonesian Journal of Islam and Muslim Societies, 6(2), 273–301. https://doi.org/10.18326/ijims.v6i2.273-301

Laldin, M. A., & Furqani, H. (2016). Innovation versus Replication: Some Notes on the Approaches in Defining Sharia Compliance in Islamic Finance. Al-Jami’ah: Journal of Islamic Studies, 54(2), 249–272. https://doi.org/10.14421/ajis.2016.542.249-272

Mannan, M. . (1970). Islamic Economics: Theory and Practice. Lahore: Sh. Muhammad Ashraf.

Meirison. (2017). The development of Islamic economics in various parts of the world. JEBI (Jurnal Ekonomi dan Bisnis Islam), 2(2), 197-206.

Rahardjo, M. D. (1985). Sistem Ekonomi Alternatif. Dalam “Sepercik Pemikiran tentang Ekonomi Islamâ€. M. N. Arsyad: Ananda.

Riwajanti, N. I. & Fadloli. (2019). Mosque-Based Islamic Cooperative for Community Economic Development . Review of Integrative Business and Economics Research, (8),2, 196-208.

Rusyana. (2014). Islam and Economic Development: Exploring the Role of Indonesian Muslim Society in Developing Islamic Microfinance Institution. International Journal of Nusantara Islam, 2(1), 83-94.

Siddiqi, M. N. (1986). Pemikiran ekonomi Islam: suatu penelitian kepustakaan masa kini (1st ed.). Lembaga Islam untuk Penelitian dan Pengembangan Masyarakat (LIPPM). https://doi.org/0211292633.

Saidurrahmnan. (2013). The politics of zakah management in Indonesia: The tension between BAZ and LAZ Saidurrahman. Journal of Indonesian Islam, 7(2), 366–382.

Satori, D., & Komariah, A. (2015). Model of Management Capacity Building for Improving the Quality of School. Journal of Education and Learning, 9(4), 328-333.

Soemitra, A. (2016). Higher Objectives of Islamic Investment Product: Islamizing Indoensian Capital Market. Studia Islamika, 23(2), 237-269.

Sudiarti, S., Harahap, P., Safarida, N. (2017). Mawah & Cater di Aceh: Studi Peningkatan Kesejahteraan masyarakat di Ulim Kab. Pidie Jaya. Al-Muamalat: Jurnal Hukum & Ekonomi Syariah. 3(1), 135–153.

Sukesi & Hidayat, W. G. P. A. (2019). Managing the Halal Industry and The Purchase Intention Of Indonesian Muslims: The Case of Wardah Cosmetics. Journal of Indonesian Islam, 13(1), 200-229. DOI: 10.15642/JIIS.2019.13.1.

Suryani. (2012). The significance of islamic economics study in discipline of modern economics. Journal of Indonesian Economy and Business, 27(1), 111-121.

Syahbudi. (2003). Pemikiran Dan Gerakan Sistem Ekonomi Islam di Indonesia. Hermeneia: Jurnal Kajian Islam Interdisipliner, 2(2), 196–216.

Ulum, F. (2008). Sejarah Pemikiran Ekonomi Islam. Surabaya: Fakultas Syariah dan Hukum UIN Sunan Ampel.

Zaman, A. (2015). Crisis in Islamic economics: Diagnosis and prescriptions. In H. A. El-Karanshawy et al. (Eds.), Islamic economic: Theory, policy and social justice. Doha, Qatar: Bloomsbury Qatar Foundation.

Copyright

Copyright aims to protect the specific way the article has been written to describe an experiment and the results. Shirkah: Journal of Economics and Business is committed to its authors to protect and defend their work and their reputation and takes allegations of infringement, plagiarism, ethical disputes, and fraud very seriously. Automotive Experiences is published under the terms of the Attribution-NonCommercial 4.0 International (CC BY-NC 4.0). Authors retain copyright and grant the journal right of first publication (online and print) with the work simultaneously. We use the restrictive license (non-commercial) as follows:

BY (attribution): Users are allowed to share, distribute and redistribute the published article in any medium or format, with an identification of the authors and its initial publication in this journal. Authors are encouraged to post and distribute their articles immediately after publication (e.g., institutional or public repositories, personal websites). Authors are allowed to enter into additional contractual arrangements for the non-exclusive distribution of the published and an acknowledgment of its initial publication in this journal.
NC (non-commercial): Users are not allowed to use the article commercially without the permission of the authors. Authors agree explicitly that the published article is indexed worldwide in databases, repositories and indexation services, even if these services operate on a commercial basis. Authors grant Shirkah: Journal of Economics and Business explicit the right to include the published articles in databases, repositories and indexation services. 

License

License to Publish

The non-commercial use of the article will be governed by the Attribution-NonCommercial 4.0 International (CC BY-NC 4.0). The author hereby grants Shirkah: Journal of Economics and Business an exclusive publishing and distribution license in the manuscript include tables, illustrations or other material submitted for publication as part of the manuscript (the “Article”) in print, electronic and all other media (whether now known or later developed), in any form, in all languages, throughout the world, for the full term of copyright, and the right to license others to do the same, effective when the article is accepted for publication. This license includes the right to enforce the rights granted hereunder against third parties.

Author's Warranties

The author warrants that the article is original, written by stated author/s, has not been published before, contains no unlawful statements, does not infringe the rights of others, is subject to copyright that is vested exclusively in the author and free of any third party rights, and that any necessary written permissions to quote from other sources have been obtained by the author(s).

User Rights

Under the Creative Commons Attribution-Non Commercial 4.0 International (CC BY-NC 4.0) license, the author(s) and users are free to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material). Users must give appropriate credit, provide a link to the license, and indicate if changes were made.

Rights of Authors

Authors retain the following rights:

  1. Copyright, and other proprietary rights relating to the article, such as patent rights,
  2. The right to use the substance of the article in future own works, including lectures and books,
  3. The right to reproduce the article for own purposes, provided the copies are not offered for sale, and
  4. The right to self-archive the article.

Co-Authorship

If the article was prepared jointly with other authors, the signatory of this form warrants that he/she has been authorized by all co-authors to sign this agreement on their behalf, and agrees to inform his/her co-authors of the terms of this agreement.

Royalties

This agreement entitles the author to no royalties or other fees. To such extent as legally permissible, the author waives his or her right to collect royalties relative to the article in respect of any use of the article by Shirkah: Journal of Economics and Business or its sublicensee.

Miscellaneous

Shirkah: Journal of Economics and Business will publish the article (or have it published) in the Journal if the article’s editorial process is successfully completed and Shirkah: Journal of Economics and Business or its sublicensee has become obligated to have the article published. Shirkah: Journal of Economics and Business may conform the article to a style of punctuation, spelling, capitalization, and usage that it deems appropriate.