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All Journal International Journal of Economics (IJEC)
Ade Khadijatul Z. HRP
STAIN Mandailing Natal, Indonesia
Economics, Econometrics & Finance

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Islamic Macro Economy: A New Paradigm Ade Khadijatul Z. HRP; M. Shabri Abd. Majid; Rahmat
International Journal of Economics (IJEC) Vol. 2 No. 1 (2023): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i1.101

Abstract

This study seeks to explore Islamic macroeconomics as a new paradigm and its application in controlling inflation, monetary and fiscal in conventional and Islamic macroeconomics. Then explore some points about the development of macroeconomics at the time of the Prophet Muhammad. The approach method used in this study is descriptive qualitative analysis, with library research data collection techniques using secondary data in accordance with a number of relevant literature. Then the data analysis technique was carried out by inductive deductive techniques. The results show that monetary policy is an important instrument of political policy in the economic system, both conventional and Islamic and this policy has existed and began to develop since the time of the Prophet Muhammad. The fundamental difference between Islamic and conventional macroeconomics lies in the purpose and prohibition of interest in Islam, the condition for achieving and ensuring the proper functioning of the monetary system is that the monetary authority must supervise the entire system. Monetary policy and fiscal policy are macroeconomic policies that are very important in relation to achieving inflation targets and economic growth. Therefore, in an effort to overcome inflation, monetary and fiscal policies, the government can carry out various macroeconomic policies to achieve inflation targets and economic growth.
Terms and Conditions Applicability Muamalat Rahmat; Asmuni; Tuti Anggraini; Ade Khadijatul Z. Hrp
International Journal of Economics (IJEC) Vol. 2 No. 1 (2023): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i1.441

Abstract

Aspect this elaborate agreement with the free, prohibition of usury and avoidance gharar, avoidance qimar and maisir, as well as suitability contract with maqashid sharia All studies This concludes that arrangement contracts are very important for efficacy, Muamalat, and ensuring obedience to internal sharia principles in transaction finance. Method This collects data through related literature, with agreement from Muamalat, like books, journals, and scientific articles. Research results this is a) Consent with the free method agreement That made for fulfillment the will of the parties in agreement, and it is compatibility between them to fulfill obligations with those shown with imitation, writing, moving hand, or act. b) Prohibition of usury and avoidance gharar is a prohibition to protect treasure from loss and the loss of enmity arising in people from this type of sale. c) Avoidance Qimar and Maisir is a game that has gains and losses for perpetrators of crime. d) A compatibility contract with Maqashid Syari'ah is a contract. No one can be opposed to the general public's interest.
Co-Authors Asmuni M. Shabri Abd. Majid Rahmat Rahmat Tuti Anggraini