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All Journal International Journal Of Science, Technology & Management (IJSTM)
Abdul Majid, M. Shabri
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Aerospace Engineering Agriculture, Biological Sciences & Forestry Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Chemistry Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Earth & Planetary Sciences Education Electrical & Electronics Engineering Energy Engineering Industrial & Manufacturing Engineering Mechanical Engineering Transportation

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Macro : Inflation And Economic Stability In Islam Siregar, Rahmat Azahar; Abdul Majid, M. Shabri
International Journal of Science, Technology & Management Vol. 3 No. 5 (2022): September 2022
Publisher : Publisher Cv. Inara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46729/ijstm.v3i5.592

Abstract

Inflation is a frequent conversation, both in economic meetings and in income-raising talks. Inflation in a country cannot be eliminated, it can only be minimized by indicators held by the government. In this study, it will discuss inflation and economic stability in Islam. This research is a descriptive qualitative research with a Library approach, and is narrated according to the needs of the formulation to be addressed. The results of this study show that the conventional perspective states that the causes of inflation are cost push, demand pull, and mixed (mixed). Meanwhile, the Islamic paradigm emphasizes that inflation is the result of natural error and human error.
Islamic Macroeconomics-A New Paradigm Agus, Agus; Abdul Majid, M. Shabri
International Journal of Science, Technology & Management Vol. 3 No. 5 (2022): September 2022
Publisher : Publisher Cv. Inara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46729/ijstm.v3i5.593

Abstract

This research discusses a new paradigm in Islamic macroeconomics, where conventional macroeconomic instruments, namely interest, have not been able to carry out or reduce the number of national crises that often occur in Indonesia. This research is a descriptive qualitative research with a Literature review approach. The results of the research obtained, that Islamic macroeconomics have instruments that can flatten the economy, where the instrument in question is the instrument of the profit sharing system. In the profit-sharing system, there is no imbalance on the road, everything must be transparent and must work together, so that the results obtained are maximum. Likewise with losses, if losses are presented, it is not only borne by one party, but both parties must also bear. This is the so-called equality in the economy which is a new paradigm in the Macro-Islamic system.
Co-Authors AGUS AGUS Siregar, Rahmat Azahar