WHAT IS SHARIA ECONOMY

 

Sharia economics has two main points which are the basis of Shari’a law system law and hadith  the laws taken from the two basic foundations in concept and principle is fixed (can not change anytime and anywhere).

Islamic economics is part of economics that is interdisciplinary in the sense of Islamic economic studies can not stand alone, but it needs a good and deep mastery of the sciences and sharia sciences also support the sciences that serve as a tool of analysis such as mathematics , Statistics, logic.

The purpose of Sharia Economics

The purpose of Sharia Economics is in harmony with the objectives of the Islamic Shari’a itself that is to achieve happiness in the world and the hereafter  through a good and honorable life order.. The whole objectives to be achieved by Sharia Economics include micro or macro aspects, including the world time horizon or the hereafter. Principles of Sharia Economics:

  • Various resources are seen as giving or deposit from Allah to man.
  • Islam recognizes private property within certain limits.
  • The main driving force of Sharia Economics is cooperation.
  • The Shari’a economy rejects the accumulation of wealth controlled by only a few people.
  • Sharia economy guarantees community ownership and its use is planned for the benefit of many people.
  • A Muslim should fear Allah and the Day of Judgment in the Hereafter.
  • Zakat must be paid on the wealth that has met the limit.

    The Benefits of Sharia Economics

  • Should the implementation of Islamic economy will bring great benefits to Muslims by themselves, namely:
  • Realizing the integrity of a  Muslim, so Islam is no longer half heart. If found there are Muslims who are still struggling and practice the conventional economy, indicating that Islam has not whole.
  • Implementing and implementing Islamic economics through Islamic financial institutions, in the form of banks, insurance, pawnshops, and BMT will benefit the world and the hereafter. Profits in the world are obtained through the profit-sharing obtained, while the gain in the hereafter is free from the element of usury that is forbidden by God.
  • Economic practice based on Islamic Shari’a contains the value of worship, for having practiced the Shari’a of Allah.
  • Mailing sharia economics through sharia financial institutions, means supporting the progress of the economic institutions of Muslims.
    Practicing the sharia economy by opening savings, deposits or becoming a customer of sharia insurance means supporting the economic empowerment effort of the People. Because the funds collected will be collected and channeled through the real trading sector.
  • Forecasting sharia economy is to support the movement of Encourage good things and prevent bad things. Because the funds collected in Islamic financial institutions should only be channeled to halal businesses and projects.

GET TO KNOW INTERNATIONAL BUSINESS

Understanding International Business is a business whose activities pass the borders of the country. This definition includes not only international trade and overseas manufacturing, but also a thriving service industry in areas such as transportation, tourism, banking, advertising, construction, retail trade, large trade and mass communications

International Business High

As mentioned above, international business is a business activity that is conducted within the boundaries of a State. Business transactions like these are international business transactions. The business transactions conducted by a State with other countries are often referred to as International Business. On the other hand the business transaction is done by a company in a country with other companies or individuals in other countries called International Marketing or International Marketing. This international marketing is usually defined as International Business, although there are basically two meanings. So we can distinguish the existence of two International Business transactions are:

  1. International Trade
    In the case of international trade which is an inter-state transaction it is usually done in the traditional way that is by way of export and import. With the export and import transactions it will arise “Balance of trade in state. A State may have a Trade Balance Surplus or its Trade Account Deficit. The surplus trade balance shows the situation in which the country has a higher export value compared to the import value made from its trading partner country.
  2. Marketing International (International Marketing)
    International marketing is often referred to as International Business (International Business) is a condition where a company can engage in a business transaction with other countries, other companies or the general public abroad. This international business transaction is generally an attempt to market overseas production. In this case the entrepreneur will be free from trade barriers and import tariffs because there are no import export transactions

Reasons Implementing International Business

  • Specialization among nations
    In relation to certain advantages or strengths and weaknesses then a State must determine the strategic choice to produce a strategic commodity that is
  • Utilize as much as possible the power that turns out to be truly superior so as to produce it more efficiently and cheaper among other countries.
  • Focus on commodities that have the smallest weakness among other countries
  • Concentrate his attention to produce or master commodities that have the greatest weakness for his country