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ANALISIS PERDAGANGAN INTERNASIONAL MELALUI MODEL POLITIK HECKSCHER-OHLIN TERHADAP KEPENTINGAN EKONOMI NASIONAL PESPEKTIF HUKUM EKONOMI ISLAM Fadli Daud Abdullah; Chaerul Saleh; Fauzan Ali Rasyid; Doli Witro
Al Ushuliy: Jurnal Mahasiswa Syariah dan Hukum Vol 2, No 2 (2023)
Publisher : UIN Mahmud Yunus Batusangkar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31958/alushuliy.v2i2.11483

Abstract

This research analyzes international trade through the Heckscher-Ohlin political model towards national economic interests from an Islamic economic law perspective. This research uses qualitative methods with a text analysis approach. The data used is secondary, regarding the relationship between international trade, economic policy and national economic welfare. The research results show that the Heckscher-Ohlin (HO) theory is the main basis for studying the economics of international trade. This theory emphasizes differences in the scarcity of production factors between countries as the main factor influencing trade patterns. The main production factors in this theory are labor and capital. This difference in the scarcity of production factors encourages specialization in production, which helps increase the efficiency of resource allocation. Comparative advantage is basic in HO theory, where countries focus on producing goods they are able to produce at lower costs. This analysis also carries the HO Theory with Islamic economic law, which emphasizes the fairness of wealth distribution, business ethics, integrity, social welfare, balance and social justice, as well as individual moral responsibility in international trade. By combining these two approaches, international trade can provide sustainable economic and social benefits and is in accordance with Islamic ethical values.
Islamic Political Economy: Bridging the Gap Between Philosophical Ideals and Contemporary Implementation Reality Muhammad Fadlli Robbi Rodiyya; Chaerul Saleh
El-Uqud: Jurnal Kajian Hukum Ekonomi Syariah Vol. 4 No. 1 (2026)
Publisher : Fakultas Syariah UIN Prof. K.H. Saifuddin Zuhri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24090/jnex3g12

Abstract

Islamic political economy promises distributive justice, social security, accountable markets, and finance connected to productive activity. Yet Indonesia already possesses zakat organizations, sharia supervisory bodies, and a large Islamic financial sector without fully converting those normative commitments into coordinated institutional outcomes. This article explains that gap through a structured integrative library study. Literature was identified through Scopus, Google Scholar, Dimensions, and publisher repositories, complemented by official materials from BAZNAS, the Financial Services Authority (OJK), and Indonesian legislation. Sources were included when they directly addressed Islamic political economy, Muhammad Baqir al-Sadr’s theory, or the governance of zakat, hisbah, and Islamic finance in Indonesia; duplicates, unverifiable opinion pieces, and purely descriptive works without institutional relevance were excluded. The selected materials were coded through four propositions derived from al-Sadr: distribution before production, plural ownership, purposive state intervention, and the rejection of scarcity as a value-neutral master premise. The analysis finds that Indonesia’s implementation gap is produced by downstream bias, fragmented authority, weak coordination, and incentive structures that reward formal compliance more readily than distributive outcomes. Zakat largely repairs income shortfalls after production; modern hisbah functions are dispersed across agencies; and Islamic banking regulation validates contracts more effectively than it measures the distribution of risk, productive assets, and social benefit. The article contributes an institutional reading of al-Sadr and proposes a distribution-chain approach linking access to productive resources, market supervision, risk-sharing finance, and accountable redistribution.