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All Journal Jurnal Ekonomika Manajemen Dan Bisnis Jurnal of Islamic Economic Studies
Abadi, Syahrul
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Religion Economics, Econometrics & Finance Education

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Analisis Penawaran Perspektif Ekonomi Islam: Peran Kejujuran, Biaya Produksi, Regulasi Pemerintah, Dan Kesadaran Halal Produsen Awalia Br Nasution, Eza Okhy; Sari, Melia; Suhadi, Angga Putra; Abadi, Syahrul
Jurnal Ekonomi Manajemen dan Bisnis (JEMB) Vol. 5 No. 1 (2026): Januari - Juni
Publisher : CV. ITTC INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47233/jemb.v5i1.4236

Abstract

This article examines the concept of supply in Islamic microeconomics by emphasizing ethical and institutional dimensions that are frequently marginalized in conventional economic analysis. Instead of viewing supply merely as a technical response to price signals and production costs, Islamic economics places it within a broader framework of moral responsibility, social justice, and compliance with Sharia principles. Using a qualitative descriptive approach based on library sources, this article draws on classical and contemporary Islamic economic literature, peer reviewed journals, and relevant policy documents to analyze the roles of producer honesty, production costs, government regulation through the hisbah mechanism, and halal awareness in shaping supply behavior. The discussion shows that supply in Islamic economics is not determined solely by efficiency considerations and cost structures, but is also guided by ethical commitments that restrain exploitative practices such as excessive pricing, hoarding, and quality distortion. Honesty and halal compliance appear not only as moral obligations, but also as strategic elements that strengthen market trust and support business sustainability. Government intervention, meanwhile, is positioned as a corrective effort aimed at maintaining market balance and protecting public welfare without undermining market mechanisms. Overall, this article highlights that the integration of ethical values, economic rationality, and institutional oversight offers a more holistic and equitable understanding of supply, which remains highly relevant in addressing contemporary market challenges.  
Rekonstruksi Pemikiran Ekonomi Islam tentang Pasar dalam Ekonomi Modern Abadi, Syahrul; Muhammad Yafiz
Journal of Islamic Economic Studies Vol. 1 No. 4 (2025): December 2025
Publisher : Yayasan Darussalam Patalassang

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Abstract

Islamic economic thought on the market has strong historical roots and distinctive normative values, yet it faces significant challenges within the dynamics of the modern economy characterized by globalization, digitalization, and the dominance of free-market mechanisms. This study is motivated by the gap between Islamic market principles and modern market practices that often generate inequality and injustice. The purpose of this study is to reconstruct Islamic economic thought on the market to ensure its relevance in modern economic development without losing its core values. This research employs a literature analysis method by examining classical and contemporary Islamic economic works alongside relevant modern economic literature. The results indicate that Islamic market concepts emphasize justice, transparency, prohibition of exploitation, and the moral role of market actors, which can be reconstructed through the integration of Islamic ethical values into modern market systems. The implications of this study demonstrate that reconstructing Islamic market thought can contribute theoretically to contemporary Islamic economics and practically offer an alternative framework for developing a just and sustainable market system.
Co-Authors Awalia Br Nasution, Eza Okhy Melia Sari, Melia Muhammad Yafiz Suhadi, Angga Putra