E-Mabis: Jurnal Ekonomi Manajemen dan Bisnis
Vol 22, No 2 (2021): Volume 22, Nomor 2, Oktober 2021

Islamic Monetary Instruments Contribution to Economic Growth: Literature Study

Juliana Nasution (Universitas Islam Negeri Sumatera Utara Medan)
Andri Soemitra (Universitas Islam Negeri Sumatera Utara Medan)
Rifki Ismal (Sekolah Tinggi Ilmu Ekonomi Islam Tazkia Bogor)
Amin Al Jawi (Universitas Islam Negeri Sumatera Utara Medan)
M.Indra Mulia Nasution (Universitas Islam Negeri Sumatera Utara Medan)
Afrizal Afrizal (Universitas Islam Negeri Sumatera Utara Medan)



Article Info

Publish Date
22 Nov 2021

Abstract

In Islamic economics, the monetary sector and the real sector must be able to go side by side. Even the monetary sector must follow developments for the real sector. The goal of Islamic economics is the creation of economic justice through equitable distribution of income, one of which is seen from the growth of the real sector, which is a representation of the level of productivity and welfare of the community. This is directly related to the business world. Therefore, when the level of community productivity increases, it will aggregately affect economic growth. On the other hand, one of the monetary instruments in Islamic economics is Islamic banking. This means that the increasing performance of Islamic banking must be in line with the increase of the real sector. The purpose of this study is to analyze the contribution of increasing Islamic banking performance to economic growth through a literature study related to a qualitative approach, where the collected literature is analyzed by content analysis and the data is triangulated to make a conclusion. The findings of this study indicate that Islamic monetary instruments in the Islamic banking case contribute to economic growth through an increase from the real sector

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Journal Info

Abbrev

emabis

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

E-Mabis menerima artikel hasil riset dari para peneliti baik dosen, mahasiswa maupun praktisi dalam bidang ekonomi, manajemen dan bisnis yang belum pernah diterbitkan pada jurnal lain, artikel dapat berupa hasil kajian teoritis maupun hasil penelitian yang ditulis dalam bahasa Indonesia atau ...