Islamic Economics
-
Helping and Assisting Fellow Muslims
There will always be hardships. All people will experience hardships from time to time whether they take the shape of natural disaster, financial hardships, illness or psychological strain. Islam not only stresses the value of social solidarity in these circumstances but it also promotes individual patience. Muslims have been commanded to help care for and be each others strength. This…
Read More » -
An Islamic Perspective of Recession
A recession is characterized by a broad drop in economic activity that leads to social unrest, increased unemployment and decreased purchasing power. Many nations view it as an emergency that needs to be addressed immediately with systemic and technical solutions. However for Muslims a recession is more than just a business occurrence it is a divine test and a prompt…
Read More » -
Distributive Justice in Economic Growth
Let’s be honest for a moment. Have you ever felt strange when reading economic news that says it’s on the rise, but why is the content of your wallet still the same? They say economic growth is positive, but in reality prices are getting more expensive, businesses are getting harder, and many people are still living hand to mouth. This…
Read More » -
Financial Goals for Giving, Not Hoarding
Let’s sit down for a moment, calm our minds, then ask ourselves: “What am I actually chasing money for?” Most of us would answer, “To be calm. To be stable. So as not to bother anyone later.” That’s not wrong. That’s a good intention. But… what if it turns out that wealth is not just for hoarding or enjoying alone?…
Read More » -
Social Impact of Syirkah Mobilizing Assets and Resources
Have we ever thought, why is it that a country that is said to be rich, but many of its people still have difficulty living? The natural resources are there, the land is fertile, the sea is vast, but still, those at the bottom continue to struggle, while those at the top are increasingly comfortable. The problem is not in…
Read More » -
Islamic Relief Through Extension of Debt Repayment Period
Talking about debt, sometimes you immediately feel tense, right? Especially when talking about late payments. The impression is immediately negative. As if the person who is in arrears must be negligent… or even considered to have no intention of paying. In fact, it is not always like that. Because there are people who are really having a hard time. They…
Read More » -
Hoarding: The Real Economic Problem
(Sharia Reflection on Inequality and Distribution Stagnation) Abundant resources, but the majority of people in it still live in poverty?This is not just an irony, but a bitter reality that occurs in many countries that are said to be rich. There are agricultural products. The sea is vast. The mines are full. The rice fields are fertile. But only a…
Read More » -
Tawakkul in Investment Return
Introduction: Analyzing Tawakkul in the Context of Finance One fundamental principle of Islam is tawakkul (توكّل) which means having total faith in Allah ﷻ and acting appropriately at the same time. It promotes a healthy balance between effort and trust rather than fatalism or the passive acceptance of results. Tawakkul is essential for coordinating financial choices with spiritual principles in…
Read More » -
The Spirit of Growing Together in Shariah Investment
Shariah investment is a full economic and moral model not just a halal way to accumulate wealth. Based on openness accountability and trust it provides a fair and compassionate substitute for traditional finance. Shariah investment unites investors and entrepreneurs to grow—side by side sharing in both success and struggle—in a world where financial systems predominate and frequently separate capital from…
Read More » -
Social Impact of Investing from an Islamic Perspective
In addition to pursuing financial gains social impact investing seeks to improve the environment and society. In response to significant issues like economic inequality, climate change and restricted access to healthcare and education this trend has accelerated recently on a global scale including in Indonesia. The Islamic viewpoint on investing becomes especially pertinent in this context because Islamic teachings place…
Read More »