Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies
Vol 10, No 2: December 2014

Banking Interest in the Contemporary Jurist’s Perspective: A Yusuf Al-Qaradawi’s Economics Thought

Yuli Utami (The International Program for Islamic Economics and Finance, Faculty of Economy, Universitas Muhammadiyah Yogyakarta. Jl. Lingkar Selatan Tamantirto, Kasihan, Yogyakarta, Indonesia.)



Article Info

Publish Date
28 Jul 2014

Abstract

Al-Qaradawi’s contribution to the development of contemporary Islamic economics is very profound. Many Muslim economists subscribe to his opinions, and some banking institutions and insurance companies have even adopted his views as their general policies. It is very unfortunate, however, that such a great contribution has not been well researched. It is the intention of this research to fill up this lacuna by making it accessible to the prospective readers. The objective of this study is mainly to introduce Al-Qaradawi’s economic thought and its relevance to contemporary development of Islamic economics discourse. For this purpose, the research attempts to shed some light on selected contributions that he has made to the current discourse of interest in the banking system. In connection to this, his conceptions and approaches to issues and problems in contemporary Islamic economics are also explored. It argues that Al-Qaradawi’s works on Islamic economic missed the empirical test to provide evidence of the strength and the reliability of his data theories and concepts, particularly on the topic of zakat, poverty and environment. Keywords: interest, Islamic economics, Yusuf Al-Qaradawi, Islamic legal thought

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Journal Info

Abbrev

afkaruna

Publisher

Subject

Education

Description

Jurnal Afkaruna is an Indonesian bilingual journal published by the Faculty of Islamic Studies, Muhammadiyah University of Yogyakarta. The journal publishes empirically grounded and multidisciplinary work on Islam and its related issues, spanning the history, Quranic studies, Exegesis, tradition, ...