Media Syari'ah: Wahana Kajian Hukum Islam dan Pranata Sosial
Vol 15, No 2 (2013)

MUSLIM'S UTILITY MAXIMIZATION: an Analysis based on Maqashid Shariah

Muhammad Dayyan (STAIN Zawiyah Cot Kala Langsa, Aceh-Indonesia)



Article Info

Publish Date
29 Oct 2017

Abstract

The current analysis of utility maximization is affected by changes in income and prices. It refers to material standards which measured by numerical score representing the satisfaction that a consumer gets from a bundle of goods. Apparently, it is only to satisfy a human desire which is subjectively determined by self-interest. However, Muslim’s utility is not merely to maximize man’s satisfaction, but to achieve God pleasure as much as possible with conform his consumption to the pattern of maqashid shari’ah. This paper uses the literature review to develop a tool analysis based on maqashid shari’ah dimensions for Muslim’s utility maximization and its impact on Muslim consumption behaviors. It will address the issues of current utility concept that has been developed, the counter arguments analyse based on maqashid shari’ah within five dimensions of dharuriyah namely; preservation of faith (ad-dien), life (an-nafs), intellect (al-‘aql), progeny (an-nasl), and wealth (al-maal). Accordingly, Muslim’s maximum utility would be achieved when he spends the whole budget as closest as conform to maqashid shari’ah dimensions. Furthermore, it also objected to assist assessment of our current knowledge base, to identify misconceptions and knowledge gaps and to indicate direction for further research on the issue microeconomics especially from an Islamic perspective.

Copyrights © 2017






Journal Info

Abbrev

medsyar

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Description

This journal focused on Islamic Law Studies and present developments through the publication of articles, research reports, and book reviews. SCOPE Ahkam specializes on Islamic law, and is intended to communicate original research and current issues on the subject. This journal warmly welcomes ...