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All Journal Jurnal Minds: Manajemen Ide dan Inspirasi Jurnal Ilmiah Ekonomi Islam Al-Kharaj: Journal of Islamic Economic and Business BJRM (Bongaya Journal of Research in Management) Adz Dzahab : Jurnal Ekonomi dan Bisnis Islam Asy-Syarikah : Jurnal Lembaga Keuangan, Ekonomi dan Bisnis Islam Iqtishaduna : Jurnal Ilmiah Mahasiswa Hukum Ekonomi Syariah Al-Ubudiyah: Jurnal Pendidikan dan Studi Islam Islamic Accounting and Finance Review Falah: Jurnal Hukum Ekonomi Syariah At Tawazun Jurnal ekonomi Islam TIJARAH: Jurnal Ekonomi, Manajemen, dan Bisnis Syariah
Muslimin Kara
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Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Social Sciences

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Journal : TIJARAH: Jurnal Ekonomi, Manajemen, dan Bisnis Syariah

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Konsep Mekanisme Pasar dalam Pemikiran Ekonomi Islam Ibn Taimiyah: The Concept of Market Mechanisms in Ibn Taimiyah's Islamic Economic Thought A. M. Nur Atma Amir; Muslimin Kara; Rahman Ambo Masse
TIJARAH: Jurnal Ekonomi, Manajemen, dan Bisnis Syariah Vol. 2 No. 3 (2025): TIJARAH: Jurnal Ekonomi, Manajemen, dan Bisnis Syariah
Publisher : Litera Academica Publishing

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Abstract

This study aims to provide a comprehensive description of the market mechanism concept in Ibn Taimiyah’s Islamic economic thought, examine the role of the state and the hisbah institution in maintaining market justice, and explore the relevance of his ideas to contemporary economic issues and their implications for the development of modern Islamic economics. This research employs a qualitative approach using the library research method, analyzing relevant primary and secondary sources. The findings reveal that Ibn Taimiyah had a profound understanding of market mechanisms, in which prices are naturally determined through the interaction of supply and demand without excessive intervention. The state, through the hisbah institution, plays a crucial role in preserving market stability and justice by enforcing business ethics and preventing harmful practices. Government intervention is justified only when market distortions lead to injustice. Ibn Taimiyah’s economic thought remains highly relevant to contemporary issues such as monopoly, inflation, wealth inequality, and the crisis of business ethics. Thus, his ideas offer a conceptual foundation for building an Islamic economic system that is just, ethical, and sustainable.
Co-Authors A. M. Nur Atma Amir Abdul Wahab Abdullah, Muhammad Wahyuddin Ahmad Efendi Ahmad Ramadlan Ahmad Zikri Dwiatmaja Ainan Radiyah Rustan Ampauleng Aniq Akkhmad Ali Bawafie Anwar, Nurfiah Bukhari Ega Rusanti Fajar Rahmani Ashari Gagaring Pagalung Hasyim M Hasyim M Lince Bulutoding Misbahuddin Muslihati Nahda Dahlan Rahman Ambo Masse Rahmi Qurania Ramadani Risaldi Rizka Damayanti Rusdi Raprayogha Ruslang Ruslang Salmah Abdullah Sirajuddin Sirajuddin Sirajuddin SITI FATIMAH Sofyan, Syathir Trisno Wardy Putra Unzhila Nur Ilmiatun P