Developing Islamic

Economic As A Body Of
Knowledge : Issues And
Challenges
Hafas Furqani
Researcher at the Internasional Sharah Research Academy for Islamic
Finance (ISRA), Malaysia
 Hello!
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Respati Adimas 185020500111015
Minerva Maharani Azzahra 185020500111006
Najma Nabiela 185020500111026
Gio Alpri Naldi 185020500111034
Rina Ristianawati 185020507111010
Muhammad Rifqi Rafif 185020507111011

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 Islamic GOAL :
economics is Islamic
founded on economics
Islamic becoming a
worldview discipline of
Knowledge

Challenges 1 Challenges 2 Challenges 3

START FINISH
The Foundations of The Epistemological
Discipline : Foundations : The Ethical
Islamic Understanding of Islamic Economics
Conceptual Scheme and Foundations
Economics Phenomena, second
Conceptual Foundation and Islamic Economic
Key-Terminologies Methodology

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 ‫تنزيل‬ Al-Quran

“Islamic
Based economics is Based
on founded on
on
doubt Islamic
worldview” certainty
‫ظن‬ ‫يقين‬

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As a new discipline in understanding Islamic
IslamicUnderstanding
UnderstandingofofEconomics
Economics
economy, Islamic Phenomena
Phenomena
economics is challenged to

Understanding economic
Provide new outlooks phenomena in an Islamic perspective

Fresh solutions as well as Ontological convictions vs

better solutions in addressing economic
problems
ontological implications

improving human well Tawhid (the core of Islamic)

being.

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 Islamic Economics Conceptual Islamic Economics Key-
Foundation Terminologies

The purpose is to construct a formal and

scarcity of resources logical representation of Islamic thought in
economics.

Three
foundational
concepts of pursuit of self Approach economics within the
mainstream interest Islamic scientific conceptual scheme
economics::

maximizing behavior of Approach proposing new key-

terminologies to explain theIslamic
economic agents. understanding of economic phenomena

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 Islamic
Islamic Economics Conceptual
Understanding of Economics
The Epistemological Scheme
Phenomena
Foundation
The Islamic conceptual scheme is about
Islamic knowledge is equipped with a new discipline
sources of knowledge which is. Divine
revelation.

Developing an Islamic economics conceptual

scheme is very important for Islamization of
Its all about how to develop an economics.
Islamic economics discipline.

Islamic conceptual foundation must be

developed from its own sources and using
Islamic technology.
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 Islamic Economics
Methodology

Methodological discussion The methodology will be

of Islamic Economic is involved in the twin
important to develop an foundations of
Islamic economic epistemology of
conceptual scheme revelation and reason

The tawhid methodology The methodological

will be proposed and benefits in Islamic
elaborated economics

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Economics is inherently infused by values found in from a
certain worldview

Implications on how we see truth and reality

Formulation in economic ethics

Secularism and scientism concepts

Economic ethics in Islam

A narrow perspective on ethics without religion has
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had worse consequences
 All aspects of the Islamic economy in this journal are important
for the progress of the Islamic economy itself

 We can take the benefit of the economic that exist about how
paradigms are formed and consensus works.

 A complete and solid foundation of Islamic economics discipline

requires a massive intellectual efforts and commitment and a
long-continuous process.

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 Islamic economics as a discipline knowledge is a good thing to make an Islamic
economics grows in a good way.

 The Islamic economic methodology is important, because we can

know the truth of Islamic economic theory itself.

 Economic ethics in Islam is good because it has a new ethical perspective

that promotes religion

 This Journal is very helpful because in this journal there is outline some
challenges that should be addressed in our attempt to develop a discipline of
Islamic economics.

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