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Currency and the Stability of People's Purchasing Power in Indonesia through Al-Maqrizi's Review

Journal of Islamic Civilization

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Title Currency and the Stability of People's Purchasing Power in Indonesia through Al-Maqrizi's Review
 
Creator Ashari, Mirza Purta
 
Description The presence of money has become an important part of people's daily lives, as well as the purchasing power of the people as an important element in the smooth economic cycle. The emergence of money came from the development of transactions that initially used barter which was later replaced by currency as a medium of exchange for international trade. Money management can be done by the government by controlling money in the form of monetary policy. This policy was a benchmark for a country's economy, when the state was able to control money well, the people's economy was also prosperous. The qualitative descriptive approach was used in this study. This article tried to provide views and discussion material to what extent the concept of monetary policy according to Al-Maqrizi and the implementation of his thinking was used in policymaking on people's purchasing power. The result of this research was that the concept offered by Al-Maqrizi was a concept of money that led to a moral, just, humane, and prosperous economy.The presence of money has become an important part of people's daily lives, as well as the purchasing power of the people as an important element in the smooth economic cycle. The emergence of money came from the development of transactions that initially used barter which was later replaced by currency as a medium of exchange for international trade. Money management can be done by the government by controlling money in the form of monetary policy. This policy was a benchmark for a country's economy, when the state was able to control money well, the people's economy was also prosperous. The qualitative descriptive approach was used in this study. This article tried to provide views and discussion material to what extent the concept of monetary policy according to Al-Maqrizi and the implementation of his thinking was used in policymaking on people's purchasing power. The result of this research was that the concept offered by Al-Maqrizi was a concept of money that led to a moral, just, humane, and prosperous economy.
 
Publisher Universitas Nahdlatul Ulama Surabaya
 
Date 2021-04-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://journal2.unusa.ac.id/index.php/JIC/article/view/1787
10.33086/jic.v3i1.1787
 
Source Journal of Islamic Civilization; Vol. 3 No. 1 (2021): Philosophy and Social Change; 48-56
Journal of Islamic Civilization; Vol 3 No 1 (2021): Philosophy and Social Change; 48-56
2657-1013
2657-1021
10.33086/jic.v3i1
 
Language eng
 
Relation https://journal2.unusa.ac.id/index.php/JIC/article/view/1787/1411
 
Rights Copyright (c) 2021 Mirza Purta Ashari
https://creativecommons.org/licenses/by-sa/4.0