
Islamic economics is a study of human behavior in satisfying their needs and facilitating them to achieve spiritual heights, guided by ethical values of Islam. Islam teaches mutual help among people in mobilizing resources available as provided by Allah SWT. The existence of economics is not independent from human ethos, ethics and character which are reflected in economic behavior. Islamic economic system, on the other hand, is an application of faith and understanding of the Muslims. The system not only provides benefits for the Muslims but also for human being as a whole, as manifested in the concept of rahmatan lil a’lamin. It carries the principles of efficiency and purposeful in the resource mobilization based on the motive of achieving falah (victory) in the world as well as in the hereafter, as part of their ibadah and performance of the khilafah role of the earth.
HB1-3840, muslims, islamic economic, Economic theory. Demography, human behavior
HB1-3840, muslims, islamic economic, Economic theory. Demography, human behavior
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