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Journal : Islamic Economic and History

Al-Maqrizi Views on Economic Inflation Hasna Maliha; Aam Slamet Rusydiana
Islamic Economics and History Vol. 1 No. 1 (2022): Islamic Economic and History
Publisher : Islamic Economics and History

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Abstract

One of the important problems facing the world economy until now is the problem of inflation. In simple terms, inflation means an increase in the price of goods from its usual state. In fact, long before the economic thinking of experts such as Friedman, Fisher, Keynes, and other world economists regarding inflation and other monetary matters, the Islamic world had earlier figures who were concerned in this field. Taqiyuddin Abul Abbas Al-Husaini from Maqarizah, Cairo. Or better known as Al-Maqrizi. Maqrizi said in several parts of his book that inflation is generally divided into two, namely Natural Inflation and Human Error Inflation. This paper will try to compare some of his thoughts –particularly the problem of inflation- with conventional positivistic opinions and concepts in similar fields.
Ibn Khaldun's concept of Economic, Social and Political Relations Hasna Maliha
Islamic Economics and History Vol. 1 No. 1 (2022): Islamic Economic and History
Publisher : Islamic Economics and History

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Abstract

This study tries to examine the relationship between several economic and political variables proposed by Ibn Khaldun. This theory is called 'Ashabiyah'. There are several important findings. When a country has a good level of economic growth, the physical development of a country is relatively good and positive. Vice versa. Second, variable N (society) has a significant effect on the level of development of a country. This conclusion is in line with Ibn Khaldun's thesis which says that the quantity and quality of human resources, especially those who work productively, will be able to improve the economy and development of a country. Another conclusion is that a country that is relatively stable economically, the government that is in office at that time will tend to have the strength to survive in its leadership dynasty. In addition, with good economic conditions and the wealth of a country, the position and conditions of the people will improve.