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Al-Fadilah: Islamic Economics Journal
ISSN : -     EISSN : 30310210     DOI : https://doi.org/10.61166/fadilah.v2i1
The aim of this journal publication is to disseminate the conceptual thoughts or ideas and research results that have been achieved in the area of Islamic Economics particularly focuses on the main problems in the development of the sciences of islamic economics areas as follows: Islamic Finance such as shariah accounting; public finance.; Islamic monetary and fiscal issues. Islamic Bank Islamic Economic Development Islamic Political Economics Islamic Philantrophy such as zakat, waqaf issues The History of Islamic Economics The Thought of Islamic Economics
Articles 44 Documents
Analysis of Consumption and Productivity Patterns in Islamic Economics Aiza Zulmairoh; Nur Umida; Yuliana; Zulfikar Hasan
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 1 (2024): Potential and Innovation in Islamic Economic
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i1.21

Abstract

Analysis of consumption and productivity patterns in the Islamic economy provides an in-depth understanding of how religious principles influence economic governance. Consumption in the Islamic economy is emphasized on the principles of justice, blessing and social responsibility, while productivity is directed at creating sustainable added value. Internal factors such as religion, culture, education, and economic status, as well as external factors such as price, product availability, government policies, and globalization, influence the consumption patterns and productivity of Muslim communities. Analysis based on Islamic economic principles shows the importance of practicing values ​​such as halal and haram, fairness and justice, moderation, and social welfare in economic activities to create a sustainable and ethical economy in Muslim society. based on sharia principles that are fair, sustainable , and oriented towards the welfare of the people. In conclusion, this analysis provides a comprehensive view of how Islamic economics can play an important role in shaping consumption and productivity patterns that benefit individuals, society and the environment.
The Role of Islamic Economics in the Global Economy Anisa Fitriani; Jamilah; Nadila
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 1 (2024): Potential and Innovation in Islamic Economic
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i1.23

Abstract

This article explains the role of Islamic economics in the global economy consisting of an introduction, understanding sharia economics, principles of Islamic economics, globalization and the role of Islamic economics in the global economy. This journal is to find out the role of Islamic economics in the global economy in accordance with Islamic economic principles. Islamic economics is based on sharia principles which prohibit usury (interest), gharar (uncertainty), and encourage fair and transparent transactions. These principles support economic stability and social justice. This research concludes that Islamic Economics plays a very important role in the global economy by offering an ethical and sustainable alternative. With the continued development of Islamic finance and increased global awareness of sharia principles, Islamic economics has the potential to make a significant contribution to global economic stability and inclusiveness.
Zakat Management Strategy at the At-Thohiri Semar Sharia Cooperative (Kst Semar) to Increase Public Trust Abdullah
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.24

Abstract

This research aims to explore zakat management strategies at the At-Thohiri Semar Sharia Cooperative (KST Semar) to increase public trust. This research uses qualitative methods with an empirical research type. Empirical research is a legal research method that attempts to see the law in a real sense or can be said to see, examine how the law works in society. The results of this research show, among other things: in terms of advantages and disadvantages. KST Semar's strategy to win the hearts of prospective muzakki who can become muzakki includes: using testimonials on social media; building publications such as billboards, brochures, and pamphlets; donation reports should be given to private muzzaki; and social media use maintenance. Factors that need to be taken into consideration in planning a zakat management strategy at KST Semar include: internal policies; framework and assets; member education and awareness. Fourth, partnerships with other zakat institutions; and welfare programs. The steps and components involved in moving or placing a zakat distribution program at KST Semar include: planning a zakat distribution program including targets and determining targets; Zakat fund collection includes mechanisms for collecting and separating funds
Analysis of Environmental Impact Aspects of the PT Shipyard. Adiluhung Bangkalan in the Perspective of a Sharia Business Feasibility Study Veni Vebriyanti; Abdur Rohman
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.25

Abstract

Modern activities have become important for human life, where the production process has become more efficient and effective through modern machinery and organized work systems. PT. Adiluhung Saranasegara Indonesia, located in Ujungpiring Village, Bangkalan, East Java, in Indonesia. However, shipyard activities have environmental impacts that need to be addressed. Factors such as pollution, waste management, and environmental degradation can affect the environment. Strategic management at PT. Adiluhung involves environmental education, strategy development, implementation, and evaluation to manage resources and external resources. A comprehensive environmental study, HAZOP, identified potential greenhouse gas emissions and environmental impacts in shipyard operations. Collaboration between government, industry and local communities is essential to reduce environmental degradation and encourage sustainable practices.
The Influence of Sharia Financial Literacy on Children's Interest in Saving at Al-Adzan TPA Balikpapan Achmad Surgawan; Iskandar Yusuf
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.29

Abstract

Financial literacy education is one of the soft skills that must be taught and instilled in school students from an early age, as well as character education as a provision to prepare children when they become adults to gain financial prosperity. Problems related to financial literacy exist in the Sentul Learning Studio, namely because students often spoiled with pocket money as a substitute for everyday left to work by their parents. However, due to the age factor, children's financial literacy is very minimal, coupled with the lack of financial management education provided in the family. Discipline in financial management is considered as one of the factors that can influence the future life of children, so that the activities carried out are providing teaching of financial management to early childhood through a culture of saving
Enforcement of Islamic Finance Contracts: A Comparative Study of Common Law And Shari’ah Court Olaitan Abdulkabir Oladapo
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.30

Abstract

It is unarguably that Islamic finance is a fast-growing financial system that left everyone in bewilderment. Despite the blows of resistance to its growth, Islamic finance has grown to involve over three hundred financial institutions in both Muslim countries and international financial markets for the past three decades (Rodney, 2002). More than 50 Islamic Financial Institutions among the 600 institutions in the world today are situated in Africa (ICD, 2015 report). Coming down to Nigeria, an estimated size of United States Dollars (USD) 2.3 billion was recorded from the Islamic finance industry in 2021 (Amarachi and Ibrahim).  Proponents of Islamic finance viewed the growth of Islamic finance as an “explosion”, describing it as the rise of Islam and an important trend in global finance (Umar and Ahmad, 2009). Despite all the business opportunities that Islamic finance proffers, enforcement of agreements arising out of Islamic finance principles especially in courts of common law origin poses a major hindrance to the speedy growth of Islamic finance across the globe with Nigeria as a case study. Employing a doctrinal methodology, this paper envisages that with proper orientation of customers and business people about the prospects of Islamic finance as an ethical and interest-free financial system, positive approach to Islamic finance by members of the public, acting within the scope of Shari’ah principles by parties to Islamic finance contracts and governmental supports together with  conducive operational and legal frameworks, a progressive Islamic finance administration can be sustained in the society.
The Role of Sharia Principles in Promoting Sustainable Economic Development: A Comparative Analysis of Islamic and Non-Islamic Economies Muhammed Midlaj P
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.31

Abstract

This study explores the role of Sharia principles in promoting sustainable economic development, focusing on comparative analysis between Islamic and non-Islamic economies. Sharia, the legal and ethical code of Islam, emphasizes principles such as social justice, equitable distribution of wealth, and ethical investment that are increasingly relevant in discussions of sustainable development. Research examines how these principles contribute to long-term financial stability, environmental protection, and social welfare in Islamic economies. Through detailed analysis of economic indicators and case studies, this study highlights the potential of Sharia-compliant financial practices to promote sustainable development, particularly resource management, poverty alleviation, and ethical business practices. The findings suggest that while Islamic economies have some advantages due to their adherence to Shariah principles, non-Islamic economies could benefit from integrating similar ethical standards into their economic frameworks. This comparative analysis provides insights into how economies around the world can improve their sustainability efforts by adopting and adapting Shariah-inspired principles, contributing to a more equitable and sustainable global economy. The study concludes with policy recommendations for Islamic and non-Islamic countries to incorporate these principles into their economic planning and development strategies.
Contracts in the Sharia Context Muhammad Latifil Ansori; Murni Aisah; Nur Fitriah; Muhammad Aji Purwanto
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.36

Abstract

Akad is a fundamental concept in Islamic law which refers to an agreement or contract that binds two or more parties. This journal  aims to provide a comprehensive overview of contracts, starting from the definition to the types based on their nature and scope. By using an approach to specific cases in various contexts of daily life, this research explores how contracts play an important role in completing transactions and negotiating rights and obligations. Methodologically, this research uses a literature study method to analyze various sources of Islamic law and ulama fatwas related to contracts. The results show that contracts are not only limited to economic transactions, but also include social and religious aspects, such as marriage and the Hajj. This research also highlights the importance of fulfilling the conditions for the validity of a contract, including agreement, clarity of content, and legal capacity of the parties.
Mustadh’afin Group in Economics According to the Qur’an La Coy; Isman Ahadi Lebu Raya; Kamilul Himam; Ghozi Mubarok
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.38

Abstract

This study aims to explore how the Qur'an views the mustadh'afin group in the economic field and to understand the condition of the mustadh'afin. The timeless role of the Qur'an enables it to address the changes of an era that demand humans to progress, yet this overlooks the equal rights that should be given to the mustadh'afin. The economic situation of the mustadh'afin arises due to selfishness and an individualistic attitude focused solely on personal enrichment. This results in increasing economic disparity. To understand the mustadh'afin, it is necessary to study the Qur'an, which classifies the mustadh'afin into four groups: the poor, orphans, beggars, and slaves. Through this classification, the Qur'an explains the rights and freedoms that the weak should possess, emphasizing the concept of life grounded in justice and the proper management of zakat or taxes.
Ariyah and Rahn (A Study of the Dynamics of Human Relations) Mhd Aidil Al Khusaini; M. Zulhilmi Hafiz; Siti Nurbaiti; Muhammad Aji Purwanto
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 2 (2024): Potential and Innovation in Islamic Economic
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i2.39

Abstract

Ariyah is a loan which allows other people to take advantage of something that is halal for free or with the aim of helping without damaging the substance of the item, and is returned after using the benefit in a condition where the substance remains undamaged. Meanwhile, pawning in Islam is called rahn. Pawning is an activity of pawning goods as collateral for a debt transaction carried out. A person who pawns an item (rahin) to a murtahin, then the item remains the property of the guarantor (rahin). As a result, a collateral recipient (murtahin) may not use or sell the collateral before obtaining permission from the collateral provider. Meanwhile, a murtahin can ask the rahin for money if it is used to maintain the rahin's property if maintenance is needed on the item. Nowadays, this pawning has become a solution to the urgent need for money which is needed by the community.