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All Journal International Journal of Economics, Accounting, and Management Journal of Islamic Studies
M. Arif Faizin
Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung
Religion Arts Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Public Health Social Sciences

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Trade and Industrial Dynamics in the Heyday of the Abbasid Dynasty: Historical Relevance to Contemporary Indonesian Economic Development Resty Paryanda; Restu Asa Marisza Sukma; Arifah Rohmatul Hidayah; M. Arif Faizin
Eshraq: Journal of Islamic Studies Vol. 2 No. 1 (2026): Januari
Publisher : Eshraq: Journal of Islamic Studies

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Abstract

This research discusses the dynamics of trade and industry during the heyday of the Abbasid Dynasty (750–1258 AD) and its relevance to contemporary Indonesian economic development. The Abbasid period is known as the golden phase of Islamic civilization which was characterized by the advancement of science, technology, and an integrated economic system. The Abbasid economy grew rapidly thanks to a combination of agricultural, manufacturing, and financial services sectors supported by strong institutions such as baitul mal and hisbah, as well as an efficient cross-regional trade system. Through a comparative historical approach, the study found that the success of the Abbasid economy rested on market integration, production specialization, and inclusive institutional governance. In the Indonesian context, the results of this study show that the national industrial and trade sectors still face the challenges of low added value, dependence on imported raw materials, and weak synergy between sectors. The Abbasid learning emphasizes the importance of strengthening economic institutions, developing logistics infrastructure, technological innovation, and improving the quality of human resources. By adapting the principles of efficiency, morality, and equity applied during the Abbasid period, Indonesia can strengthen the foundation of a competitive, inclusive, and sustainable industrial and trade economy in the era of globalization.
Comparative Analysis of Wealth Redistribution: Fiscal Instruments of the Prophet's Era and Indonesia's Fiscal Policy in Poverty Reduction Siti Itsna Syamsiyah; Muhamad Agus Alfiyan Nur Ahmada; Muhamad Aqim Adlan; M. Arif Faizin
International Journal of Economics Accounting and Management Vol. 2 No. 5 (2026): IJEAM - January 2026
Publisher : PT. INOVASI TEKNOLOGI KOMPUTER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60076/ijeam.v2i5.1770

Abstract

This study aims to analyze the comparative study of wealth redistribution from fiscal instruments from the Prophet Muhammad's era and Indonesian fiscal policy in poverty alleviation. Using qualitative research methods with a literature review approach, it was found that the Islamic financial system has had a clear, structured framework, and a social justice orientation since its inception. Zakat is a key pillar, not only an individual act of worship but also a fiscal instrument managed by the state through the Baitul Mal (the Islamic treasury). In addition to zakat, there are other sources such as ghanimah, fai', jizyah, kharaj, usyr, khums, as well as voluntary contributions in the form of infaq, sadaqah, and waqf. When compared with modern Indonesian fiscal policy, there are fundamental differences both in revenue sources and management mechanisms. Indonesia places taxes as the fiscal backbone. The comparative analysis shows that the Prophet Muhammad's fiscal system excels in aspects of target certainty, mechanism simplicity, and a strong moral-spiritual foundation. Meanwhile, the Indonesian fiscal system excels in aspects of modern institutions, legal frameworks, and the ability to manage a more complex economic scale. Indonesia's biggest challenge is how to bridge the Islamic values ​​of social justice with contemporary fiscal policy practices
Co-Authors Arifah Rohmatul Hidayah Muhamad Agus Alfiyan Nur Ahmada Muhamad Aqim Adlan Restu Asa Marisza Sukma Resty Paryanda Siti Itsna Syamsiyah