Jurnal Paradigma
Vol 18 No 1 (2026): April

Wooden Coins vs Fiat Money: An Interdisciplinary Analysis of Sharia Economics and Javanese-Islamic Socio-Cultural Preservation in the Sarwono Market

Husnurrosyidah Husnurrosyidah (Universitas Islam Negeri Sunan Kudus)
Umma Farida (Universitas Islam Negeri Sunan Kudus)
Mohammad Dzofir (Universitas Islam Negeri Sunan Kudus)
Zainal 'Arifin (Universitas Islam Negeri Raden Mas Said Surakarta)



Article Info

Publish Date
20 Apr 2026

Abstract

This study analyzes the Sarwono Market in Wonosoco Village, Kudus, Central Java as an innovative model of sharia economics with an interdisciplinary approach through the comparison of the transaction system of wooden coins compared to fiat money. It is motivated by the challenges of the post-pandemic village economy from dependence on the primary sector and the erosion of local culture. The Sarwono Market has been managed by BUMDes Wonorekso since December 2022 as a case study that integrates the principles of muamalah and justice (without gharar and riba) in accordance with the sharia economy, the sustainability of the village economy and the preservation of Javanese-Islamic socio-culture. Using an interdisciplinary methodological approach, this study combines the analysis of the Qur'an and Hadith on muamalah, sociological theories to explain mutual cooperation solidarity between citizens and cultural anthropology. Data collection was done through field observation and interviews with BUMDes managers, traders and visitors. The results show that the wooden coin system (Rp2,000 per piece, mandatory exchange at the counter) offers a transparent and stable alternative to fiat money which is prone to inflation so as to realize muamalah justice and turnover redistribution for the people. In addition, the Sarwono market strengthens economic sustainability through the empowerment of local MSMEs and tourism. While preserving culture such as wayang klitik, village specialties and nature-human harmony on the Jati Sewu pedestal of Sarwono village. The Sarwono market proves the potential of the local economy based on Javanese-Islamic wisdom to increase people's income. This research contributes to interdisciplinary Islamic studies in the fields of economics, sociology and cultural anthropology.

Copyrights © 2026






Journal Info

Abbrev

paradigma

Publisher

Subject

Economics, Econometrics & Finance Education Social Sciences Other

Description

Jurnal Paradigma fokus pada kajian Islam dengan berbagai perspektif antara lain pendidikan,budaya, sosial, filsafat, tasawuf, theologi, sejarah, seni dan lain - lain. pada mulanya jurnal ini didedikasikan hanya untuk para peneliti/pengkaji dan akademisi di bidang kajian Islam, namun kedepannya ...