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Fiscal Policy Instruments in Islam: Ghanimah and Fa'i Heris Suhendar; Yadi Janwari; Sofian Al-Hakim
al-Afkar, Journal For Islamic Studies Vol. 7 No. 2 (2024)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v7i2.965

Abstract

Ghanimah and fa'i are one of the fiscal policy instruments implemented by the Prophet Muhammad SAW which was later followed by the government of Khulafaur Rasyidin. The research aims to examine the function of allocation, distribution and stabilization of ghanimah and fa'i fiscal policies by the Prophet Muhammad SAW to his companions from various ulama opinions. This type of research is literature review research with a historical and conceptual approach. Research materials were obtained from library materials using documentation techniques. The research results found that: 1) state revenues are allocated from ghanimah and fa'i fiscal policy instruments based on text instructions; 2) there are differences of opinion among ulama in the distribution of ghanimah and fa'i; and 3) the social and economic conditions behind the various development policy directions during the time of the Prophet SAW and his companions, resulting in different fiscal policy stabilization functions.
Comparative Analysis of the Monetary Policies of the Islamic State of Iran and Pakistan Asep Dadang Hidayat; Yadi Janwari; Sofyan Al-Hakim
al-Afkar, Journal For Islamic Studies Vol. 7 No. 2 (2024)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v7i2.970

Abstract

This research intends to analyse comparatively the monetary policy in Iran and Pakistan. The object of this research is the Islamic countries of Iran and Pakistan. This research is a descriptive-analytical research with qualitative research, which is a research procedure that produces descriptive data in the form of written words from people and observed behaviour, supported by literature studies. The results of this study indicate that monetary policy in Iran and Pakistan as Islamic countries, both apply Sharia-based monetary, but also opened monetary services to accommodate a number of general, commercial and or conventional economic transactions. This shows that both Iran and Pakistan apply monetary governance that is committed to Islamic law, but is inclusive of conventional ones even though it cannot dominate them.  Monetary governance in both countries plays a more direct role in economic growth, not as an effective moderator of government economic policy.
Implementation of Fiscal Policy of the Islamic State of Saudi Arabia and the Arab Emirates Suradi; Yadi Janwari; Sofyan Al-Hakim
al-Afkar, Journal For Islamic Studies Vol. 7 No. 2 (2024)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v7i2.1040

Abstract

This research aims to analyze the economic policies of Saudi Arabia and the Arab Emirates in anticipating the effects of fiscal policy on their national economies. These policies include international economic policy, fiscal policy, and monetary policy. This research uses qualitative research methods through scientific observation by collecting non-numerical data, focusing on creating solutions and meaningfulness. The results of the research show that there are efforts by the Kingdom of Saudi Arabia in its international economic policy. On the other hand, monetary policy is needed to stabilize the economy by supporting solid fiscal policy when the global world is flooded with liquidity such as nominal interest rates that are close to or below zero, so that the impact of lowering interest rates can trigger an outflow of cash from the stock market. In this case, the Kingdom of Saudi Arabia was very quick and responsive in implementing the combination of these policies. Meanwhile, the United Arab Emirates government is taking strategic steps, including in tax policy. This country issues various regulations related to taxation in terms of collecting tax funds and using tax funds through the state budget.
Fiscal Policy in Islam (Pre-Risalah, During the Prophet's time and Rashidun Caliphs) Royani; Yadi Janwari; Sofyan Al-Hakim
al-Afkar, Journal For Islamic Studies Vol. 7 No. 2 (2024)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v7i2.1041

Abstract

Fiscal policy is considered an integral part of the economic system governed by Islamic principles. Before the advent of Islam, the pre-Islamic Arab society had an economy based on trade, agriculture and property ownership, albeit without formal fiscal regulations. After Islam was introduced, the fiscal system began to be regulated in more detail. Zakat became an important component in fundraising to support needy Muslims and develop social infrastructure. Additionally, jizyah was also implemented, which is a tax levied on non-Muslims living under the protection of an Islamic state. During the Prophet's time, the Islamic economic approach aimed to achieve social and economic justice through fair distribution of wealth. During the reign of the Rashidun Caliphs, Islamic fiscal policy remained rooted in the principles of justice and solidarity. For example, Umar bin Khattab formulated various economic policies to support people's welfare, including land distribution to farmers, infrastructure development, and price control. Taxes and state revenues were directed to support social, religious and public interest programs. This descriptive-analytical research falls into the category of qualitative research, with a literature review approach focusing on primary materials, especially those related to Islamic economic thought.
Dynamics of Monetary Policy Comparative Study Between Indonesia and Malaysia Mugni Muhit; Yadi Janwari; Sofyan Al-Hakim
al-Afkar, Journal For Islamic Studies Vol. 7 No. 2 (2024)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v7i2.1043

Abstract

In countries that embrace a dual banking system, such as Indonesia and Malaysia, the monetary policy implemented is also a multiple monetary policy. Both Islamic and conventional monetary policies have the same goal, which is to create stable money value and full employment. This article aims to analyze the transmission of convergence monetary policy implemented by Indonesia and Malaysia with two objectives: first, to identify the transmission channel of dual monetary policy in Indonesia and Malaysia; second, to compare the effectiveness mechanism of dual monetary policy implementation in Indonesia and Malaysia. The analysis of several empirical studies concludes that the transmission channels, both Islamic and conventional in the monetary policy of dual banking system in Indonesia and Malaysia are the same, but the tendency of the channel depends on the real conditions of each country's economy. The mechanism of the effectiveness of monetary policy transmission in Indonesia and Malaysia is almost similar, namely the transmission instruments of Islamic monetary policy and or elements of Islamic banking that can withstand inflation as well as increase economic growth and development.
Historical Analysis of the Islamic Fiscal Policies of Fatimid Egypt, Mamalik, Safavid Persia, and Mughol India Dodi Yarli; Yadi Janwari; Sofyan Al-Hakim
al-Afkar, Journal For Islamic Studies Vol. 7 No. 2 (2024)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v7i2.1170

Abstract

The history of fiscal policy in Islam during the Fatimid and Mamaalik periods in Egypt, the Syafawiyah in Persia, and the Mughals in India, can be divided into two main phases: the glory phase and the decline phase. In the glory phase, historical records show that fiscal management under the governments of these caliphates generated revenue surpluses. This situation contributes to the country's economic stability and security. The Fatimids, Mamaaliks, Syafawiyahs, and Mughols in India implemented fiscal policies that encouraged increasing state income from diverse sectors such as agriculture, trade, and industry. The state's largest sources of income come from taxes, tīmār, muḳāṭa'a, waqf and ghanimah. High income is used to support the country's progress through financing territorial expansion, infrastructure development, education and health. However, during the decline phase, the Fathimiyah, Mamaalik, Syafawiyah and Mughol experienced budget deficits. Decreasing state income, failure to westernize the economy, high war costs, and high state debt are factors causing deficits in their fiscal policy.
Konsep Pemikiran Ekonomi Islam Imam Al-Ghazali Zahra, Shofia; Janwari, Yadi
Eco-Iqtishodi : Jurnal Ilmiah Ekonomi dan Keuangan Syariah Vol. 4 No. 2 (2023): Eco-Iqtishodi: Jurnal Ilmiah Ekonomi dan Keuangan Syariah
Publisher : Program Studi Ekonomi Syariah Institut Manajemen Koperasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32670/ecoiqtishodi.v14i2.3083

Abstract

This research aims to the concept of Imam Al-Ghazali’s thought through his famous work, it is Ihya ‘Ulum Al-din, al-Mustashfa, Mizan Al-‘Amal and al-Tibr al-Masbuk fi Nasihat al-Muluk. The method used in this research is literature study. Based on the results, it can be seen that Imam Al-Ghazali’s concept of economic thinking is Maslahah oriented. Benefit in Al-Ghazali’s perspective consists of dharuriyah, hajiyah and tahsiniyah. Business orientation in the economic cycle doesn’t only prioritize worldly life but is also oriented toward the afterlife. Apart from that, the ideas related to the economy consist of exchance and market evolution, production activities and hierarchies, the barter system and the function of money, the role of the state in fair, peaceful, and stable economic development, and public finance.
Implikasi Konflik Penggelembungan Suara Sirekap Terhadap Demokrasi yang Jurdil dalam Pemilu 2024 Perspektif Siyasah Dusturiyah Nur Azzahra, Annisa; Janwari, Yadi; Fahrul Rizal, Lutfi
UNES Law Review Vol. 6 No. 4 (2024): UNES LAW REVIEW (Juni 2024)
Publisher : LPPM Universitas Ekasakti Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31933/unesrev.v6i4.2193

Abstract

Penelitian ini bertujuan untuk mengetahui penyebab dan implikasi terjadinya penggelembungan suara sirekap pemilu 2024 terhadap demokrasi yang jurdil perspektif siyasah dusturiyah. Metode penelitian ini menggunakan kualitatif melalui pendekatan yuridis normatif dengan jenis deskriptif analisis. Teknik pengumpulan data penelitian ini melalui library research atau studi kepustakaan. Hasil penelitian menunjukan bahwa penggelembungan suara Sirekap pemilu tahun 2024 terjadi karena ketidaksinkronan dan kesalahan dalam mengkonversi data hasil suara pemilu formulir model C-Hasil dengan hasil suara yang terbaca dan ditampilkan dalam Sirekap disebabkan oleh bentuk tulisan setiap panitia pemilu di TPS tidak semua terbaca secara jelas dan mudah oleh sistem sirekap, kualitas gambar beresolusi rendah dan sudut pengambilan gambar yang tidak tepat, terdapat noise pada gambar seperti bercak dan lipatan kertas, serta kesalahan manusia saat pengunggahan sehingga dapat mengancam integritas dan keabsahan pemilu, pelanggaran terhadap asas kejujuran dan keadilan, kehilangan kepercayaan publik, kerugian bagi keadilan politik, kehilangan asas transparansi, dan pengaruh terhadap kebijakan publik. Adapun dalam perspektif siyasah dusturiyah, hal ini belum mewujudkan prinsip fiqh siyasah dusturiyah, karena ada hak warga negara yang dirugikan, karena fiqh siyasah senantiasa memastikan hubungan pemerintah dengan hubungan warga negaranya, salah satunya menjaga hak-hak konstitusional.
Transformasi Pemikiran Ekonomi Abu Yusuf dalam Peningkatan Pendapatan Negara yang Berkeadilan untuk Semua Pihak Suherli, Ian Rakhmawan; Yadi Janwari; Dedah Juabaedah
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 9 No 3 (2024)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/jms.v9i3.23328

Abstract

Abstraksi Pada era Daulah Abbasiyah, kompleksitas permasalahan dan luasnya wilayah kekuasaan menuntut adanya ijtihad dan pemikiran baru, terutama terkait persoalan sosial dan ekonomi.  Salah satu pemikir ekonomi terkemuka adalah Abu Yusuf, murid utama Abu Hanifah. Pembahasan penelitian ini dilakukan terhadap pemikiran ekonomi yang dilakukan oleh Abu Yusuf dalam memalukan transformasi pendapatan negara . Kepada khalifah Harun al Rasyid, Abu Yusuf memberikan pandangan mengenai sistem perpajakan yang adil dan proporsional, seperti kharaj (pajak tanah), usyur (bea cukai), dan sistem muqasamah (pajak proporsional sesuai hasil panen). Selain itu, Abu Yusuf juga membahas pengelolaan sumber daya alam (air dan tanah) milik negara, zakat (pertanian, perdagangan, ternak), serta kebijakan pengeluaran negara (gaji pegawai, militer, infrastruktur, jaminan sosial). Pemikiran ekonomi Abu Yusuf menekankan keadilan dalam distribusi kekayaan, memperhatikan kebutuhan masyarakat, serta mewujudkan kemaslahatan dan kesejahteraan bagi semua pihak melalui pengelolaan negara yang baik. Kata Kunci : Abu Yusuf , kharaj , usyur , transformasi pajak
Economic Development Theory of Ibnu Khaldun: Interrelation between Justice and Umran al-Alam Mafrudlo, Ahmad Mahfudzi; Mansur, Zuhratul Aini; Mustofa, Mustofa; Janwari, Yadi
Share: Jurnal Ekonomi dan Keuangan Islam Vol 13, No 1 (2024)
Publisher : Faculty of Islamic Economics and Business, Universitas Islam Negeri Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/share.v13i1.20552

Abstract

ABSTRACT – Leading Islamic thinker, Ibn Khaldun, proposed a nuanced theory of economic development that transcends mere material advancement. This theory integrates Islamic principles within a comprehensive framework. This study aims to delve deeper into Ibn Khaldun's economic development theory, focusing on its emphasis on the Islamic way of life and the concept of Umran al-Alam (prospering the earth). A descriptive analysis methodology was employed through a review of existing literature. Ibn Khaldun outlines eight key suggestions and various variables for achieving economic development. Significantly, he underscores the importance of Umran al-Alam, highlighting humanity's responsibility to cultivate the earth. From an Islamic perspective, economic development should prioritize socio-economic justice and maintain a balance between communal well-being and a healthy economy. This study contributes to a more profound understanding of Islamic economic thought and its potential connections to contemporary notions of sustainable development. Further research opportunities lie in exploring the practical applications of Ibn Khaldun's theories within Islamic economic models.==============================================================================================================ABSTRAK – Teori Pembangunan Ekonomi Perspektif Ibnu Khaldun: Interelasi Keadilan dan Umran al-Alam. Pemikir Islam terkemuka, Ibn Khaldun, menawarkan teori pembangunan ekonomi yang lebih bernuansa, tidak sekedar diukur dari sesuatu yang bersifat materi semata-mata. Teori ini mengintegrasikan prinsip-prinsip Islam ke dalam kerangka kerja yang komprehensif. Studi ini bertujuan untuk menggali secara dalam teori pembangunan ekonomi Ibn Khaldun, khususnya pada cara hidup Islami dan konsep "umran al-Alam" (pemakmuran bumi). Kajian ini menggunakan metodologi analisis deskriptif dengan data-data dari sejumlah literatur tersedia. Ibn Khaldun menguraikan delapan komponen inti dan sejumlah variabel untuk mencapai pembangunan ekonomi dimaksud. Ibnu Khaldun menggarisbawahi pentingnya umran al-Alam, yang menyoroti tanggung jawab manusia dalam memakmurkan bumi. Dari perspektif Islam, pembangunan ekonomi harus memprioritaskan keadilan sosial-ekonomi dan menjaga keseimbangan antara kesejahteraan bersama dan sistem ekonomi yang sehat. Studi ini berkontribusi pada pemahaman yang lebih mendalam tentang pemikiran ekonomi Islam dan potensi hubungannya dengan konsep pembangunan berkelanjutan kontemporer. Peluang penelitian lebih lanjut terletak pada eksplorasi aplikasi praktis teori-teori Ibn Khaldun dalam model ekonomi Islam.
Co-Authors Abd. Kholik Khoerulloh Abdul Fattah Abdul Gofur Abdurahman, Lukman Abdurrahman Wahid, Abdurrahman Adil, Ustad Ahmad Lukman Nugraha Ahmad Luqman Hakim Ahmad Luqman Hakim, Ahmad Luqman Ahmad Rifai Ahmad Suganda Aini Mansur, Zuhratul Akmaliyah Akmaliyah Al Hakim, Sofyan Al-Hakim, Sofian Ali Santosa Almurni, Muhammad Furqon Amany, Amany Aminulloh, Ali Anggraeni, Desi Cahya Anisa Ilmia Annisa Eka Rahayu Anton Athoillah anton athoillah Ari Fajar Santoso Asep Dadang Hidayat Asri Sundari Athoillah, Mohamad Anton Ayi Nurbaeti Ayi Yunus Rusyana Ayi Yunus Rusyana Burhansyah, Luki Chandra Dedah Juabaedah Dedah Jubaedah Dedah Zubaedah Dede Nurwahidah Deni Kamaludin Yusup Denni Murdani Dodi Yarli Ending Solehudin Fairuz ‘Ainun Na’im Firman Nugraha Firman Nugraha Fitriani, Putri Diesy Ghilmanul Wasath Gina Saila Sofiah Gina Saila Sofiah Gozaly, Ahmad Yusdi Gunariah, Frilla Hadiat, Hadiat Heni Pujiastuti Heris Suhendar Heryana, Rudy Hilmi, Ahmad Imron Rosadi Irni Sri Cahyanti Ishandawi Jajang Herawan Jajat sudrajat Juarsa, Eka Jubaedah, Dedah Kamaludin Yusup, Deni Kusuma, Nurul Rahmah LUBIS, MUKHLIS Lubis, Mukhlis Lubis Lutfi Fahrul Rizal, Lutfi Fahrul Mafrudlo, Ahmad Mahfudzi Mansur, Zuhratul Aini Maulana, Fauzan Aziz Mega Silvia Mega Silvia Meinanti, Dwi Reiza Moh. Asep Zakariya Ansori Mohammad Anton Athoillah Mohammad Anton Athoillah Mugni Muhit Muhamad Afif Sholahudin Muhamad Fuji Hakiki Muhammad Hasanuddin, Muhammad Muhammad Yunus Muharni, Yusraini Mursyidah Zein, Ai Imas Mustofa Mustofa Nanang Sobarna Nissa Ayu Marliana Nur Azzahra, Annisa Nurjamil Nurjamil Nurrohman Nurrohman Nurrohman Nurrohman Pramayanti, Dian Ikha Prasetio, Andri Putri Tri Cahyani Rahmah Kusuma, Nurul Rahmah Kusumah, Nurul Ratnasari, Ai reni Ridwan, Ahmad Hasan Rizaludin Rosi Hasna Sari Royani Rumatiga, Hidayat Saebani, Beni Ahmad Salimudin, Mumud Santika, Ganjar Sari, Rosi Hasna Setia Mulyawan, Setia Setiadi Siswahyudianto Slamet Santoso Sodik, Gugun Sofian Al-Hakim Sofian Alhakim Sofiawati, Eva Sofyan Al-Hakim Sofyan Al-Hakim Solihin, Dadin Suganda, Ahmad Suherli, Ian Rakhamawan Suherli, Ian Rakhmawan Sulaeman Sulaeman Sulaeman Sulaeman Sumiati Sumiati Sumiati Sumiati Suntana, Ija Suparman Kholil Suradi Suradi Suradi Suryawirawan, Ade Syafe`i, Rahmat Tamba, Dheddy Abdi Tatang Astarudin Vemy Suci Asih Wardiman, Dadi Wawan Oktriawan Widiawati Widiawati Widiawati Zahra, Shofia Zuhratul Aini Mansur