Review of Contemporary Islamic Economic Approach

According to Prof. Volker Nienhaus, 13 from Germany, in his Writings

"Islamic Economics: Policy Between Pragmatism and Utopia", there are four main approaches in the study of Islamic economics so far. First, the pragmatic, the tendency is marked by the rejection of economic ideologies, followed by Efforts to synthesize or ekleksi, the which mixes a variety of ideas and theories That Are Considered most practical to implement. According to this trend Nienhaus That many taken. Second, resitatif; approach refers to the texts of Islamic Teachings, this approach refers to the legal Jurisprudence, theology, ethics, economics. Third, utopian approach. Utopia is a picture of the World We Want. This approach was developed by formulating a model human being, Such as homo economicus, or human being altruistic. Furthermore, the model developed societies aspired:

"Baldah wa al-Thayyibah Rubbun Ghafur." The approach last, fourth, adaptive; Trying to make adjustments based on local conditions and history of EACH Muslim, like the idea of ​​Islamic socialism, democratic socialism, socialism democracy. According to Ahmad Muchtar Islamic economics cans During this study categorized into four (4) corak.14 First, economic studies Within the scope of normative Islam, in the sense of effort to Explain the basic- Philosophical or normative basis of an economic assessment in accordance with Islamic guidance, According to the standard Teachings in the Koran and Hadith. Second, studies of Islamic economic thought or investigation results of the Jurists, Economists, sociologists, and others Such as Ibn Khaldun, Ibn Taymiyya, Abu Yusuf, Umer Chapra, etc. done critically, Either through examination of theories and theses raised and through its examination of the behavior Muslim economy. Third, comparative studies Between the behavior Islamic economics with the concept of an Islamic economic system is theoretical. Or the economic behavior of Muslims to confront the values Islam. And fourth, comparative study Between the concept of system Islamic economic system and the Socialist and capitalist economies contemporary economic development (symptom development system world economy). Also cans Comparison be added here Among Economists thinking of Islam itself, as is done by Mohamed Aslam Haneef (1995) in his book "Contemporary Islamic Economic Thought: A Selected Comparative Analysis ".