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All Journal IMANENSI: Jurnal Ekonomi, Manajemen dan Akuntansi Islam International Journal of Religious and Cultural Studies
Mohd Shukri Hanapi
Universiti Sains Malaysia
Religion Humanities Economics, Econometrics & Finance Education Social Sciences

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From jahiliyyah to Islamic worldview: in search of an Islamic economic philosophy Mohd Shukri Hanapi
Imanensi: Jurnal Ekonomi, Manajemen, dan Akuntansi Islam Vol 5 No 1 (2020): Imanensi : Jurnal Ekonomi, Manajemen, dan Akuntansi Islam
Publisher : Forum Dosen Ekonomi dan Bisnis Islam (FORDEBI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34202/imanensi.5.1.2020.1-16

Abstract

Abstract This paper attempts to seek answers, Firstly, it intends to identify Jahiliyyah practices that are allegedly accepted and practiced in Islam. Secondly, to analyze the worldview of these Jahiliyyah-origin practices within an Islamic worldview construct. The analysis was based on selected practices of the Jahiliyyah that were adopted by Rasulullah SAW. This historiography study concludes that the similarities of these practices, if any, eventhough are similar to those practiced by the Jahiliyyah, were only restricted to its names and terms, while the structure and roots were revamped by Rasulullah SAW. The divine revelations received by Rasulullah SAW are proof that Islam is absolutely free from Jahiliyyah practices. The arguments used by those who advocate the use of conventional ideas to solve problems related to Islam are therefore, incorrect.
Re-Thinking The Consumerism Phenomenon in The Liberalist-Capitalist Economic System: In A Search of an Islamic Consumerism Model Mohd Shukri Hanapi
International Journal of Religious and Cultural Studies Vol 1 No 1 (2019): International Journal of Religious and Cultural Studies (April 2019-September 201
Publisher : Yayasan Rumah Peneleh

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (507.007 KB) | DOI: 10.34199/ijracs.2019.4.004

Abstract

In the liberalist-capitalist economic system widely applied presently, one who spends his income to maximise material utility is presumed to be something that is rational and encouraged. This is because maximum consumption of material utility is a measure of progress. However, maximising utility consumption to achieve material satisfaction could cause negative effects, especially serious debt problems and bankruptcy. This is due to consumers spending their income to maximise material satisfaction beyond their capability; thus, making them go into debt. The issue is as Muslim consumers, what is the actual level of consumption that should be practiced? Is the measurement also based on the maximum consumption of utilities such as in the liberalist-capitalist economic system mainly practiced today or is there a specific measurement that offers a unique form of consumption? In relation to this issue, this paper aimed to re-thin the consumerism phenomenon in the liberalist-capitalist economic system and explore an Islamic consumerism model, which is otherwise known as wasatiyyah-consumerism. In order to achieve this objective, this study had only explored ideas related to the wasatiyyah-consumerism model. The study found that the wasatiyyah-consumerism model applied the tawhid (monotheism) philosophy, a level of consumerism rooted in the maqasid al-syari‘ah component and aimed at achieving the blessings of Allah SWT.
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