TRADITIONAL MARKET INSIGHT FROM IMAM AL-GHAZALI’S ISLAMIC ECONOMIC PERSPECTIVE

M. Khoirul Fikri and Rizky Andrean
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M. Khoirul Fikri: Faculty Economics and Islamic Business, State Islamic University K.H. Abdurrahman Wahid Pekalongan, Indonesia
Rizky Andrean: Faculty Economics and Islamic Business, State Islamic University K.H. Abdurrahman Wahid Pekalongan, Indonesia

Annals of the University of Craiova for Journalism, Communication and Management, 2022, vol. 8, issue 1, 33-38

Abstract: Traditional markets are one of the heart of the community’s economy. This study aims to examine how traditional markets in Imam Al-Ghazali’s Islamic economic perspective. The method in this research is a descriptive analysis in the form of library research using a qualitative research approach. In this study, used secondary data obtained from previous research studies and other literature with similar research topics. From this research, the results of the study are as follows. Traditional Market is a market that is built and managed by the Government, Regional Government, Private, State-Owned Enterprises and Regional-Owned Enterprises including cooperation with the private sector with business premises in the form of shops, booths and tents owned/managed by small, medium, and non-governmental traders. or cooperatives with small-scale businesses, small capital and with the process of buying and selling merchandise through bargaining. Al-Ghazali in building the economy, especially in market economic issues, departed from the principles of monotheism, the hereafter, and treatises. From this principle, the multidimensional goals of economics are built. Not only aims to be material oriented but also in order to achieve spiritual satisfaction.

Keywords: Traditional Market; Islamic Economic; Imam Al-Ghazali (search for similar items in EconPapers)
JEL-codes: Z0 (search for similar items in EconPapers)
Date: 2022
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