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History of Islamic Thought: trade in the Era of Rosulullah became a guideline for online buying and selling (Olshop) Kholidatul Mila; Khusnudin
al-Afkar, Journal For Islamic Studies Vol. 8 No. 4 (2025)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v8i4.1823

Abstract

This research focuses on trading practices during the time of Rosulullah and online trading practices, this research will cover the analysis of the trading system. This research uses the study literature method to examine trade practices in the era of Rosulullah and the Contemporary era, the focus of this research lies on trade practices, regulations, strategies and trade applications in the era of Rosulullah and the Contemporary era. Data will be collected through relevant literature, such as historical books about Rosulullah, the works of Islamic historians and economists, as well as primary sources such as historical documents and official documents about Rosulullah. The result of this study is that trade practices during the era of Rosulullah had an advantage in terms of emphasizing the importance of honesty and justice in transactions. He was known as Al-Amin (the trustworthy one), and this created trust among traders.
Ethics in Islamic Markets: Exploring Their History and Impact on Islamic Civilization Izzun Nisa’Yanayiroh; Khusnudin; Fadlil Abdani
al-Afkar, Journal For Islamic Studies Vol. 8 No. 4 (2025)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v8i4.1825

Abstract

Islamic markets have played a key role in the history of Muslim civilization, not only as economic centers but also as venues for the application of Islamic ethics in transactions. This article examines ethical principles such as honesty, fairness, and the prohibition of usury (riba) in the context of Islamic markets, from the early Islamic era to the golden age of the caliphate. Furthermore, it addresses the challenges of Islamic markets in the modern era, including the application of Sharia principles in the global and digital economy. This study uses a literature review method to collect, assess, and integrate various relevant literature sources, with the aim of gaining deeper insights into the topic discussed. These findings demonstrate the importance of maintaining ethical values in markets to achieve social justice and economic sustainability in the future.
Fiscal Policy during the Caliph Abu Bakr ash-Siddiq Trisna Dwi Nur Rodhiyah; Khusnudin
al-Afkar, Journal For Islamic Studies Vol. 8 No. 4 (2025)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v8i4.1828

Abstract

Islam maintains economic stability and growth and improves economic welfare. Fiscal policy has been known since the time of Rasulullah and Khulafarasyidin. The purpose of this study is to determine the economic policy or fiscal policy implemented by Abu Bakar as Sidiq during his caliphate. This study uses qualitative research with a literature review approach. The fiscal policy implemented during the Caliphate of Abu Bakar was to emphasize the zakat instrument as state revenue which was then stored in the Baitul Mal, and then distributed to Muslims. The zakat collection policy implemented by Caliph Abu Bakar had a significant influence on the economic stability of Muslims. In addition to zakat, Abu Bakar also implemented economic policies, namely khums, jizyah, and kharaj.
Islamic Economic Civilization During the Abbasid Period as the Foundation of Modern Islamic Economics Sarina Junita; Khusnudin
al-Afkar, Journal For Islamic Studies Vol. 8 No. 4 (2025)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v8i4.1861

Abstract

The more advanced and the longer the gap between the lifetime of the Prophet Muhammad and the subsequent eras of governance, the more changes occurred in social, political, and economic structures. Although the principles taught remain guiding standards, the evolving challenges of time require adjustments in applying these values. This illustrates how the implementation of Islamic teachings must remain relevant to different contexts, both in governance and social life. The Abbasid dynasty, extending into the modern era, brought significant changes, especially in economics. During the Abbasid period, the economy reached its golden age. The policies and measures taken during the Abbasid era had a profound impact on today's economy. The author examines how the Abbasid administration improved various economic sectors, such as irrigation, infrastructure, agriculture, mining, trade, and funding for scientific research. The author sees the potential of modern economies by applying the Abbasid system, hoping for a prosperous economy Similar to that of the Abbasid era. This research was conducted using a qualitative literature review methodology, drawing from scholarly works and relevant magazines. The research findings reveal that there are similar values and policies that have been carried over into the present day, which were inspired by the Abbasid period.