HISBAH DAN MEKANISME PASAR: Studi Moralitas Pelaku Pasar Perspektif Ekonomi Islam

HISBAH AND MARKET MECHANISM: The Morality Study of Market Participants in Islamic Economic Perspective

Aan Jaelani

MPRA Paper from University Library of Munich, Germany

Abstract: Market mechanisms in the era of globalization associated with the paradigm of the market economy along with the development of socialist economy, capitalist, or mixed. The market mechanism is a problem when the inefficient allocation of resources, market imperfections, and the cause of economic backwardness. With the approach of Islamic history of economic thought in reading the "text" and analyze the "context" could find that the institution has historically experienced hisba institutional transformation as a market watchdog agencies and religious institutions that represent the social and economic role in anticipating market problems. This hisba institution or whatever his name to the current context is very significant in creating the equity market.

Keywords: hisbah; market mechanism; globalization of economic; business ethic (search for similar items in EconPapers)
JEL-codes: B2 B21 B25 D4 D6 D63 N2 N25 (search for similar items in EconPapers)
Date: 2011-10-05, Revised 2015-12-01
New Economics Papers: this item is included in nep-his and nep-hme
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Published in Jurnal Inklusif, Pascasarjana IAIN Syekh Nurjati Cirebon Market in Islamic Economic.2(2011): pp. 1-23

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