Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic Dynamics

This study examines Ibn Khaldun's thoughts on trade mechanisms and the concept of conventional economic markets, which tend to be exploitative, along with their impact on social injustice. According to Ibn Khaldun, alternative solutions exist, emphasizing that market and trade activities should...

Full description

Saved in:
Bibliographic Details
Main Authors: Johan Dwi Sutikno, Muhamad Aqim Adlan, Muhammad Aswad
Format: Article
Language:Arabic
Published: Center for Research and Community Service (P3M) STAI DR. KHEZ. Muttaqien Purwakarta 2025-07-01
Series:Muttaqien
Subjects:
Online Access:https://e-jurnal.staimuttaqien.ac.id/index.php/mtq/article/view/2499
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849243980605161472
author Johan Dwi Sutikno
Muhamad Aqim Adlan
Muhammad Aswad
author_facet Johan Dwi Sutikno
Muhamad Aqim Adlan
Muhammad Aswad
author_sort Johan Dwi Sutikno
collection DOAJ
description This study examines Ibn Khaldun's thoughts on trade mechanisms and the concept of conventional economic markets, which tend to be exploitative, along with their impact on social injustice. According to Ibn Khaldun, alternative solutions exist, emphasizing that market and trade activities should focus on societal welfare, not just personal gain. This article analyzes the relevance of Ibn Khaldun's thoughts in Islamic economic theory concerning trade and markets amidst current economic dynamics. The methodology used is a qualitative approach, based on literature studies and empirical data. The results show that Ibn Khaldun's economic thoughts and theories, proposed six centuries ago, remain highly relevant. His concepts highlight the importance of providing necessities in remote areas, paying attention to the quality of education, and prohibiting monopolistic practices and transactions involving usury and opacity. These findings are expected to provide alternative solutions for governments facing increasingly complex economic challenges and encourage positive market mechanisms and global trade changes.
format Article
id doaj-art-5b7ccee2506949ba8d4cc53ca836ce2b
institution Kabale University
issn 2723-5963
language Arabic
publishDate 2025-07-01
publisher Center for Research and Community Service (P3M) STAI DR. KHEZ. Muttaqien Purwakarta
record_format Article
series Muttaqien
spelling doaj-art-5b7ccee2506949ba8d4cc53ca836ce2b2025-08-20T03:59:17ZaraCenter for Research and Community Service (P3M) STAI DR. KHEZ. Muttaqien PurwakartaMuttaqien2723-59632025-07-016210.52593/mtq.06.2.02Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic DynamicsJohan Dwi Sutikno0Muhamad Aqim Adlan1Muhammad Aswad2UIN Sayyid Ali Rahmatullah Tulungagung, IndonesiaUIN Sayyid Ali Rahmatullah Tulungagung, IndonesiaUIN Sayyid Ali Rahmatullah Tulungagung, IndonesiaThis study examines Ibn Khaldun's thoughts on trade mechanisms and the concept of conventional economic markets, which tend to be exploitative, along with their impact on social injustice. According to Ibn Khaldun, alternative solutions exist, emphasizing that market and trade activities should focus on societal welfare, not just personal gain. This article analyzes the relevance of Ibn Khaldun's thoughts in Islamic economic theory concerning trade and markets amidst current economic dynamics. The methodology used is a qualitative approach, based on literature studies and empirical data. The results show that Ibn Khaldun's economic thoughts and theories, proposed six centuries ago, remain highly relevant. His concepts highlight the importance of providing necessities in remote areas, paying attention to the quality of education, and prohibiting monopolistic practices and transactions involving usury and opacity. These findings are expected to provide alternative solutions for governments facing increasingly complex economic challenges and encourage positive market mechanisms and global trade changes.https://e-jurnal.staimuttaqien.ac.id/index.php/mtq/article/view/2499TradeMarketThe Thoughts of Ibn KhaldunEconomic Dynamics
spellingShingle Johan Dwi Sutikno
Muhamad Aqim Adlan
Muhammad Aswad
Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic Dynamics
Muttaqien
Trade
Market
The Thoughts of Ibn Khaldun
Economic Dynamics
title Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic Dynamics
title_full Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic Dynamics
title_fullStr Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic Dynamics
title_full_unstemmed Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic Dynamics
title_short Ibn Khaldun’s Thoughts on Trade and Market Mechanisms Towards Modern Economic Dynamics
title_sort ibn khaldun s thoughts on trade and market mechanisms towards modern economic dynamics
topic Trade
Market
The Thoughts of Ibn Khaldun
Economic Dynamics
url https://e-jurnal.staimuttaqien.ac.id/index.php/mtq/article/view/2499
work_keys_str_mv AT johandwisutikno ibnkhaldunsthoughtsontradeandmarketmechanismstowardsmoderneconomicdynamics
AT muhamadaqimadlan ibnkhaldunsthoughtsontradeandmarketmechanismstowardsmoderneconomicdynamics
AT muhammadaswad ibnkhaldunsthoughtsontradeandmarketmechanismstowardsmoderneconomicdynamics