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All Journal Ushul Al-Hukm: Jurnal Syariah dan Hukum Islam
Awam Haikal
Universitas Islam Fatmawati Sukarno Bengkulu
Religion Law, Crime, Criminology & Criminal Justice Social Sciences

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Islamic Economics as an Alternative Solution Amidst the Global Trade War Awam Haikal; Kustin Hartini
Ushul Al-Hukm: Jurnal Syariah dan Hukum Islam Vol. 1 No. 2 (2025)
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/ushulalhukm.v1i2.28

Abstract

This study aims to analyze Islamic economics as an alternative solution to address the instability arising from the global trade war. The research method uses a qualitative approach based on literature studies of secondary sources in the form of academic articles, international Islamic financial reports, and Islamic economic regulations. The results show that the principles of Islamic economics, especially the prohibition of usury (riba), gharar (gharar), and maysir (gambling), as well as the implementation of real asset-based transactions, can increase economic stability by reducing market speculation and strengthening the productive sector. Furthermore, the zakat mechanism and wealth distribution in Islamic economics have been shown to be effective in minimizing economic disparities and improving social welfare. These findings indicate that Islamic economics has the potential to be implemented as a more equitable, transparent, and sustainable global economic framework in conditions of uncertainty caused by the trade war.
Co-Authors Kustin Hartini