Sharing Prosperity: Distributive Justice Framework in An Islamic Moral Economy
The issue of distribution in an Islamic economy is not about the allocation of resources/output per se. It is about a ‘just’ allocation of resources/output. This article attempts to elaborate Islamic concept of distribution by exploring the goals of distribution in Islamic economics and mechanisms t...
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| Format: | Article |
| Language: | English |
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UIN Fatmawati Sukarno Bengkulu
2019-12-01
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| Series: | Jurnal Madania |
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| Online Access: | https://ejournal.iainbengkulu.ac.id/index.php/madania/article/view/2289 |
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| author | Ratna Mulyany Hafas Furqani |
| author_facet | Ratna Mulyany Hafas Furqani |
| author_sort | Ratna Mulyany |
| collection | DOAJ |
| description | The issue of distribution in an Islamic economy is not about the allocation of resources/output per se. It is about a ‘just’ allocation of resources/output. This article attempts to elaborate Islamic concept of distribution by exploring the goals of distribution in Islamic economics and mechanisms to achieve distributive justice goals. The focus of discussion is about how to realize ‘distributive justice’ in an Islamic moral economic framework by considering all dimensions: right and responsibility, effort and surplus of individual and public interest. In that spirit, the policy for distributive justice in an Islamic moral economy aims to achieve certain objectives, namely (1) fulfilment of basic needs, (2) establishing socio-economic justice and (3) economic empowerment. To achieve those objectives, Islam uses both moral exhortation to encourage voluntary action and rules/legal measures to ensure distribution/allocation of wealth in society. The distribution scheme in an Islamic economy would attempt to eliminate poverty and deprivation so that the basic needs of all are duly fulfilled. In practice, Islamic economics distribution system is done through (1) the establishment of initial conditions in distribution as the basis upon which operational distribution should be taken place during production and after production; (2) distribution through factor payment; and (3) distribution through transfer payment in the form of compulsory transfers, voluntary transfers and transfer through state. |
| format | Article |
| id | doaj-art-5190b7917bde4d4f942d4d512d066dca |
| institution | Kabale University |
| issn | 1410-8143 2502-1826 |
| language | English |
| publishDate | 2019-12-01 |
| publisher | UIN Fatmawati Sukarno Bengkulu |
| record_format | Article |
| series | Jurnal Madania |
| spelling | doaj-art-5190b7917bde4d4f942d4d512d066dca2025-08-20T03:36:37ZengUIN Fatmawati Sukarno BengkuluJurnal Madania1410-81432502-18262019-12-0123211712610.29300/madania.v23i2.22892104Sharing Prosperity: Distributive Justice Framework in An Islamic Moral EconomyRatna Mulyany0Hafas Furqani1Accounting Department, University of Syiah Kuala (Unsyiah), Banda AcehFaculty of Islamic Economics and Business, State Islamic University (UIN) Ar-Raniry, Banda AcehThe issue of distribution in an Islamic economy is not about the allocation of resources/output per se. It is about a ‘just’ allocation of resources/output. This article attempts to elaborate Islamic concept of distribution by exploring the goals of distribution in Islamic economics and mechanisms to achieve distributive justice goals. The focus of discussion is about how to realize ‘distributive justice’ in an Islamic moral economic framework by considering all dimensions: right and responsibility, effort and surplus of individual and public interest. In that spirit, the policy for distributive justice in an Islamic moral economy aims to achieve certain objectives, namely (1) fulfilment of basic needs, (2) establishing socio-economic justice and (3) economic empowerment. To achieve those objectives, Islam uses both moral exhortation to encourage voluntary action and rules/legal measures to ensure distribution/allocation of wealth in society. The distribution scheme in an Islamic economy would attempt to eliminate poverty and deprivation so that the basic needs of all are duly fulfilled. In practice, Islamic economics distribution system is done through (1) the establishment of initial conditions in distribution as the basis upon which operational distribution should be taken place during production and after production; (2) distribution through factor payment; and (3) distribution through transfer payment in the form of compulsory transfers, voluntary transfers and transfer through state.https://ejournal.iainbengkulu.ac.id/index.php/madania/article/view/2289distributionislamic economicsgoalsmechanismframework. |
| spellingShingle | Ratna Mulyany Hafas Furqani Sharing Prosperity: Distributive Justice Framework in An Islamic Moral Economy Jurnal Madania distribution islamic economics goals mechanism framework. |
| title | Sharing Prosperity: Distributive Justice Framework in An Islamic Moral Economy |
| title_full | Sharing Prosperity: Distributive Justice Framework in An Islamic Moral Economy |
| title_fullStr | Sharing Prosperity: Distributive Justice Framework in An Islamic Moral Economy |
| title_full_unstemmed | Sharing Prosperity: Distributive Justice Framework in An Islamic Moral Economy |
| title_short | Sharing Prosperity: Distributive Justice Framework in An Islamic Moral Economy |
| title_sort | sharing prosperity distributive justice framework in an islamic moral economy |
| topic | distribution islamic economics goals mechanism framework. |
| url | https://ejournal.iainbengkulu.ac.id/index.php/madania/article/view/2289 |
| work_keys_str_mv | AT ratnamulyany sharingprosperitydistributivejusticeframeworkinanislamicmoraleconomy AT hafasfurqani sharingprosperitydistributivejusticeframeworkinanislamicmoraleconomy |