Economica: Jurnal Ekonomi Islam
Vol. 14 No. 2 (2023)

From Secular Capitalism to Spiritual Balance: The Relevance of Naquib Al-Attas’s Vision in Contemporary Economic Thought

Rosyidah, Rihadatul Izza (Unknown)
Riza, Ira Febriliana Dewi (Unknown)
Meldona, Meldona (Unknown)
Amaliah, Churil (Unknown)



Article Info

Publish Date
30 Dec 2023

Abstract

The current capitalist economic system, rooted in secular Western ideology, has evolved beyond a market mechanism into a pervasive lifestyle that emphasizes materialism, autonomy, and human-centered progress. However, this system fundamentally contradicts Islamic teachings, which integrate worldly and spiritual life under divine sovereignty. This study employs a descriptive-analytical method to critically examine capitalism through the lens of Syed Muhammad Naquib Al-Attas’s thought. Al-Attas argues that capitalism leads to moral disintegration and spiritual alienation by detaching economic behavior from its metaphysical roots. As a corrective, he advocates for a return to an authentic Islamic worldview grounded in tawhid and adab. The findings suggest that addressing capitalism’s failures requires adopting a balanced path—one that harmonizes material well-being with spiritual fulfillment. Al-Attas’s vision, centered on the Islamization of knowledge, offers a transformative foundation for developing an Islamic economic system that is both ethically grounded and socially just.

Copyrights © 2023






Journal Info

Abbrev

economica

Publisher

Subject

Economics, Econometrics & Finance Social Sciences Other

Description

EEconomica: Jurnal Ekonomi Islam is a scientific journal in the field of Islamic economics studies published twice a year by the Institute of Islamic Economic Research and Development (LP2EI), Faculty of Islamic Economics and Business UIN Walisongo Semarang. The editors receive scientific ...