Revisiting Islamic Economics of Nusantara: Conceptual and Legal Perspectives

The development of Islam in Indonesia is inseparable from the economy because Islam initially came to Indonesia through trade. The teachings of Islam are embedded through economic activities such as in commerce and agriculture, although not uses Islamic terms specifically. As a result, many people a...

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Main Authors: Moch Khoirul Anwar, Nur Fitroh Febrianto
Format: Article
Language:Indonesian
Published: Universitas Negeri Surabaya 2020-01-01
Series:al-Uqud: Journal of Islamic Economics
Subjects:
Online Access:https://journal.unesa.ac.id/index.php/jie/article/view/2504
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author Moch Khoirul Anwar
Nur Fitroh Febrianto
author_facet Moch Khoirul Anwar
Nur Fitroh Febrianto
author_sort Moch Khoirul Anwar
collection DOAJ
description The development of Islam in Indonesia is inseparable from the economy because Islam initially came to Indonesia through trade. The teachings of Islam are embedded through economic activities such as in commerce and agriculture, although not uses Islamic terms specifically. As a result, many people are not aware that their economic activity becomes part of the implementation of the Islamic economics concept. Therefore, this paper aims to examine the implementation of Islamic economics in this country, both in terms of conceptual and formal legal practice implemented by the community. This study based on library research that focused on studying a variety of works of literature about the Islamic economic system and its implementation in Indonesia. Interviews and observation also collect the data to farmers and cattle ranchers that have taken as the sample. Furthermore, the data analysis employs a content analysis method to identify the specific characteristics of the information when data had been collected. The results of this study indicate that some of the Islamic economics concepts has been applied in the Indonesian daily economy activities. This reflects the manifestation of the 33rd Article of the Indonesian Constitution 1945 that emphasizes economic built by the cooperations and kinship principle. In the society who do farming and animal husbandry, for example, people implements "Paron" and "Gaduh" that use the same principles with musyarakah in the Islamic financing system.
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spelling doaj.art-ac6a71fcc8f741958d32cb666a5a1ac12023-03-26T08:26:51ZindUniversitas Negeri Surabayaal-Uqud: Journal of Islamic Economics2549-08502548-35442020-01-014113314510.26740/al-uqud.v4n1.p133-1452111Revisiting Islamic Economics of Nusantara: Conceptual and Legal PerspectivesMoch Khoirul Anwar0Nur Fitroh Febrianto1Department of Economics, Faculty of Economics, Universitas Negeri SurabayaDepartment of Economics, Faculty of Economics, Universitas Negeri SurabayaThe development of Islam in Indonesia is inseparable from the economy because Islam initially came to Indonesia through trade. The teachings of Islam are embedded through economic activities such as in commerce and agriculture, although not uses Islamic terms specifically. As a result, many people are not aware that their economic activity becomes part of the implementation of the Islamic economics concept. Therefore, this paper aims to examine the implementation of Islamic economics in this country, both in terms of conceptual and formal legal practice implemented by the community. This study based on library research that focused on studying a variety of works of literature about the Islamic economic system and its implementation in Indonesia. Interviews and observation also collect the data to farmers and cattle ranchers that have taken as the sample. Furthermore, the data analysis employs a content analysis method to identify the specific characteristics of the information when data had been collected. The results of this study indicate that some of the Islamic economics concepts has been applied in the Indonesian daily economy activities. This reflects the manifestation of the 33rd Article of the Indonesian Constitution 1945 that emphasizes economic built by the cooperations and kinship principle. In the society who do farming and animal husbandry, for example, people implements "Paron" and "Gaduh" that use the same principles with musyarakah in the Islamic financing system.https://journal.unesa.ac.id/index.php/jie/article/view/2504islamic economicsnusantarajoint ventureskinship
spellingShingle Moch Khoirul Anwar
Nur Fitroh Febrianto
Revisiting Islamic Economics of Nusantara: Conceptual and Legal Perspectives
al-Uqud: Journal of Islamic Economics
islamic economics
nusantara
joint ventures
kinship
title Revisiting Islamic Economics of Nusantara: Conceptual and Legal Perspectives
title_full Revisiting Islamic Economics of Nusantara: Conceptual and Legal Perspectives
title_fullStr Revisiting Islamic Economics of Nusantara: Conceptual and Legal Perspectives
title_full_unstemmed Revisiting Islamic Economics of Nusantara: Conceptual and Legal Perspectives
title_short Revisiting Islamic Economics of Nusantara: Conceptual and Legal Perspectives
title_sort revisiting islamic economics of nusantara conceptual and legal perspectives
topic islamic economics
nusantara
joint ventures
kinship
url https://journal.unesa.ac.id/index.php/jie/article/view/2504
work_keys_str_mv AT mochkhoirulanwar revisitingislamiceconomicsofnusantaraconceptualandlegalperspectives
AT nurfitrohfebrianto revisitingislamiceconomicsofnusantaraconceptualandlegalperspectives