Nurizal Ismail, S.E.I, MA, PhD

Nurizal Ismail, S.E.I, MA, PhD

Ekonomi Syariah
Biografi

Riset Utama yaitu Sejarah Pemikiran Ekonomi Islam dan Peradaban lainnya, Maqasid Syariah dan Ekonomi Islam

45

Penelitian

1

Pengabdian Masyarakat

Penelitian

Tanggal Publikasi: 2 Jul 2014

A Proposed Model of Wealth Management in Indonesian Islamic Banking

The Muslim population is expected to increase by 26% to 2030 to approximately 2.2 billion, and currently have a 7.7% share of global GDP which is expected to grow to 8.7% by end 2016. Therefore, the need of wealth management from Islamic way is growing rapidly. Hajj is one of Islamic pillars that Muslim people should concern on it. This hajj is performed depending on the ability of person in term of health and wealth. Moreover, the government plays a major role in management and service of hajj in many Muslim countries. The hajj fund can contribute significantly to economic development of the country. One of the possible mechanisms can be used for managing the hajj fund is by using wealth management as the instrument in managing the fund. Moreover, this study will employs qualitative research that refers to the meanings, concepts, definitions, characteristics, metaphors, symbols and descriptions of the matter understudy by using content and descriptive analysis to get finding of the study. The finding of the study is that the concept of Islamic wealth management differs from Conventional one. It is very comprehensive that cover all philosophical foundation; ontology, epistemology and axiology. Semantically, it is different from the Conventional, because Islamic wealth management has its own paradigm and philosophical underpinning, derived from Qur’an and Sunnah, and secondary source can traced through Islamic literatures such fiqh, tasawwuf, kalam. In practice level, it can be implemented in Indonesian Islamic banking especially in managing the hajj fund to contribute to economic development of ummah

Penelitian

Tanggal Publikasi: 12 Mei 2020

sharia Credit Card in The View of Maqasid al-Sharia

Islam is the perfect religious concept, all of life’s activities are measured in the purpose of sharia enforcement. Maqashid sharia is a benchmark in determining activity in the determination, whether it is by these objectives or not. Credit card is a form of facility created to facilitate consumers in making transactions. This product is multiplying and changing the paradigm of consumers in making transactions in the digital era. Credit card has many benefits and functions, one of its functions is substituted for cash. Method of this study using literacy, data collection and collection of objects. The finding is that the contemporary scholars agree that in practice sharia credit cards are permissible as long as there are no aspects of gharar, usury, but also contain the maslahah of the users. DSN MUI responded favourably to the credit card with the issuance of the fatwa DSN No. 54/DSN/- MUI/X/2006 concerning KKS (Sharia Credit Card

Penelitian

Tanggal Publikasi: 1 Okt 2014

Maqashid Syariah dalam Ekonomi Islam

Secara garis besar, pembahasan pembahasan dalam buku ini terbagi menjadi tiga bagian pertama bersifat konseptual yang membahas teori itu sendiri kedua bersifat kajian sistem ekonomi yang ada, tiga bersifat pengembangan ekonomi Islam yang berbasis pada pendekatan muqasid syariah. Hasil dari pembahasan ini memberikan gambaran yang komprehensif mengenai ilmu ekonomi Islam itu sendiri karena realisasi Falah dalam ekonomi Islam sangat berhubungan dengan syariah dan tujuannya .

Penelitian

Tanggal Publikasi: 27 Mar 2022

Islamic Social Finance: A Bibliometric Analysis

Islamic social finance was discussed in 2013 by IRTI-IDB as a new spirit in solving the economic problem by allocating funds for humanitarian social works by using zakah, infaq, sadaqah, waqf, qardh al-hasan, and Islamic micro-insurance and Islamic microfinance. Islamic social finance has many imperatives to solve socio-economic problems. Therefore, it is needed to study the current state of Islamic social finance research to date. Thus, the study attempts to explore the status of Islamic social finance literature using bibliometric analysis by identifying statistics number of publications year by year, influential aspects, visualization of co-occurrence of keywords, and data texts related to the topic of Islamic social finance by using VOSviewer software. The finding of the study indicated that few articles discussed Islamic social finance. The most discussion of Islamic social finance was in 2019, which tried to handle the issues of the Covid-19 pandemic. Consequently, the journals that contributed the most to the study of Islamic social finance were al-Shajarah and the International Journal of Islamic and Middle Eastern Finance and Management. IIUM and INCEIF have contributed the most in the literature related to Islamic social finance from the author's affiliation. Malaysia is the most contributing country in writing Islamic social finance literature. Furthermore, the most selected keywords of Islamic finance research are Islamic social finance, maqasid syariah, value-based intermediation, sustainable development goals, and waqf. For the most co-occurrence text data, six clusters discussed the role of Islamic social finance in Covid-19, culture and country case on Islamic social finance, sustainable development goals, ecosystem, and maqashid syari’ah

Penelitian

Tanggal Publikasi: 1 Agt 2012

 Critical Study of Ibn Sina's Economic Ideas

This study explores the economic ideas of Ibn S!na in household and political economies. The study also discusses the relevance of Ibn Slna's economic ideas on modem micro and macroeconomics ideas. According to Sabri Orman, the economic ideas of Ibn S!na can be traced and found in his practical philosophy, which is divided into three headings: Akhlaq (ethics), 'ilm Tadbir al-Manzil (economics) and 'ilm Tadbir al-Madlnah (politics). This study explains that household and political economies should be handled together, centered on Islamic values in the state. Findings of this study explain that the economic ideas of Ibn Slna are mostly related to the literature of 'ilm Tadbir al-Manzil (economics) and 'ilm Tadbir al-Madlnah (politics) that are related to modem micro and macro economics. Firstly, Ibn S!na's microeconomics focuses on man as the agent of economy and his own activity in managing wealth. This gives us a model of managing wealth from Ibn Slna that consists of kasb (earning) and infliq (spending). The kasb (earning) is from al-tijarah (trade) and a/--ina 'at (manufacturing skills), while the infaq is the function of in{aq ijtima'I (common expenditure), in{aq dfni (religious expenditure) and al-iddikhar (savings). The kasb and the infaq are important variables of managing wealth. Secondly, Ibn Slna's macroeconomics focuses on the government's role on welfare in the state by regulating the law of economy, providing job opportunities and ensuring social security. This concept emphasizes that the state should also be responsible for social interests (ma=alih mushtarakah) and common funds (mal mushtarak) to conduct a balanced economy in society. This macroeconomics can be associated with the concept of the welfare state in today's world. Lastly, Ibn Slna's idea in economics is still relevant in the implementation of contemporary Islamic economics.

Penelitian

Tanggal Publikasi: 1 Jan 2019

Sejarah Hukum Perbankan Syariah Di Indonesia

Since 1934, the idea to establish an Islamic bank has arisen. It began with the concept that the banks’ interest is haram. Then the establishment of Bank Perkreditan Rakyat (BPR) which used zero interest in its operational system. MUI banking team was established in 1992, after Lokakarya Bunga Bank MUI, to manage the establishment of first Islamic bank, namely Bank Muamalat Indonesia on 1 November 1991. In era law no. 10 of 1998, dual banking system appeared, and the acknowledgement of three banking types existence began in law 21 of 2008 because those were mentioned in law no. 21 of 2008. The method used in this research is a historical method, in which search for data and facts from past that has correlations with the implementation of Islamic banking from the first establishment until 2014 (1992-2014) then recite it in this research. The finding revealed that the existence of legal act (Law No. 21 of 2008) have been giving an increase in the number of Sharia Commercial Banks which were originally only three Islamic Commercial Banks (BUS) up to 14. This can be an input for the government that for all sharia-compliant matters such as sharia insurance, sharia mutual funds, Islamic capital markets, and others, it requires legal aspects from the government that regulate it so that the development of Sharia economy in Indonesia will accelerate.

Penelitian

Tanggal Publikasi: 25 Jan 2023

DETERMINAN INDEKS PEMBANGUNAN MANUSIA: ANALISA PENDEKATAN MAQĀṢID SYARῙ’AH ALGHAZALI (STUDI KASUS: NEGARA-NEGARA OKI)

The multidimensional poverty is one of the big problems faced by some countries. It is a condition of an individual that had a low income, low education and low health care. Then, Amartya Sen and Mahbub Ulhaq had offered a new measure on Development namely Human Development Index (HDI). As in Islam, the development had arranged from the approach of Maqāṣid Syarῑ’ah and Al-Ghazali (1111 H) was the first Muslim intellectual who had Developed the thesis and had divided maqasid into three aspects, ḍaruriyyah, ḥajiyah, taḥsiniyyah. Furthermore, ḍaruriyyah consist of five basic elements namely Ḥifẓ Dῑn (Religion), Ḥifẓ Nafs (Life), Ḥifẓ ‘Aql (Intellectual), Ḥifẓ Nasl (Progeny), Ḥifẓ Māl (Wealth). Therefore the aim of the study was to search how the Maqāṣid Syarῑ’ah contributed to Human development theory and what were the factors of HDI of Maqāṣid Syarῑ’ah of Al-Ghazali approach. The Study selected 37 OIC Countries for eight years by using Data panel regression. The Study Showed that Ḥifẓ ‘Aql (Intellectual) and Ḥifẓ Māl (Wealth) has significant impat on HDI. On the other hand, Ḥifẓ Nafs (Life) Ḥifẓ Nasl (Progeny) have significant impact on HDI. This may due to the quality of Human Resources and Bureaucracy in Some OIC Countries.

Penelitian

Tanggal Publikasi: 25 Jan 2023

HISBAH IN THE VIEW OF IMAM AL-MAWARDI

The study aims to determine his views on hisbah in Islam and the relevance of hisbah thought in modern economic practice. Imam Mawardi was one of the earliest scholars who discussed his work other than Abu Ya'la because that is the importance of this study. The method used to achieve this research's objectives is qualitative using literature study and contact analysis, which analyzes his thoughts about hisbah from his book entitled al-Ahkam al-Sulthaniyah wa Wilayat al-Diniyah. This study's contribution tries to provide a basic framework of hisbah in Imam Mawardi's view, which can be referred to in implementing hisbah today in a government.

Penelitian

Tanggal Publikasi: 25 Jan 2023

Rethinking the Paradigm of Islamic Banking: Integrated of Commercial and Social Oriented

The recent appraisal of Islamic Banking and Finance (IBF) development has focused on the interest based banking system. Banks role and function have been retained to create sharia compliant instruments to replace conventional banks interest based instruments. Another issue is the objective of Islamic banking to contribute to social obligation despite profit maximization. In this context, IBF institutions have been involved in debt financing oriented transactions such as murabahah instead of musyarakah and mudharabah, as they are more profitable. This research attempts to clarify Islamic banking’s objective derived from Muslim scholars views and how it complies with sharia. Thus, it is necessary to rethink the paradigm of IBF that is in line with pure Islamic economics, whereas conventional banking has been shifting toward social banking. The methodology used is qualitative-descriptiveliterature. The result is, several applied integrated models in IBFs, such as Social Islamic Bank Limited (SIBL), have offered Mudaraba Waqf Cash Deposit Account (MWCDA). Thensadaqa house is provided by Bank Islam Malaysia Berhad (BIMB), an integrated institution model in which Islamic banking can cooperate with other Islamic social finance such as waqf institutions in Indonesia. Finally, the research finding argues that Islamic banking’s paradigm is to promote the ummah’s maslahat by integrating commercial and social aspects into its operational and objective.

Penelitian

Tanggal Publikasi: 25 Jan 2023

USING MASLAHAH PERFORMA AS WEALTH MANAGEMENT SYSTEM

The study aims to develop Maslahah Performa (MaP) as methodology of wealth management system. MaP is maqasid al-shari’ah based organizational performance management system (Firdaus & Mukhlis, 2014). The objective of shariah (maqasid alshari’ah) is to protect and preserve: religion, life, progency, intellect and wealth, could be developed as foundation of organizational performance management system. Aspects of maslahah daruriyah those are religion, life, progency, intellect and wealth, to be developed into various of organizational performance orientation. Furthermore, goal of wealth management is to achieve falah. Objective of wealth management is to get maslahah. Maslahah based wealth management can be derived from cycle of acquiring and utilizing wealth. Acquiring wealth can be carried out by fullfilling worship orientation, internal process orientation, talent orientation, learning orientation, customer orientation and wealth orientation. Utilizing wealth can be carried out by allocating asset to wealth orientation, customer orientation, learning orientation, talent orientation, internal process orientation, worship orientation

Penelitian

Tanggal Publikasi: 25 Jan 2023

Sharia Credit Card in The View of Maqasid al-Sharia

Islam is the perfect religious concept, all of life’s activities are measured in the purpose of sharia enforcement. Maqashid sharia is a benchmark in determining activity in the determination, whether it is by these objectives or not. Credit card is a form of facility created to facilitate consumers in making transactions. This product is multiplying and changing the paradigm of consumers in making transactions in the digital era. Credit card has many benefits and functions, one of its functions is substituted for cash. Method of this study using literacy, data collection and collection of objects. The finding is that the contemporary scholars agree that in practice sharia credit cards are permissible as long as there are no aspects of gharar, usury, but also contain the maslahah of the users. DSN MUI responded favourably to the credit card with the issuance of the fatwa DSN No. 54/DSN/- MUI/X/2006 concerning KKS (Sharia Credit Card).

Penelitian

Tanggal Publikasi: 25 Jan 2023

USING MASLAHAH PERFORMA AS AN ISLAMIC WEALTH MANAGEMENT SYSTEM

The study aims to develop Maslahah Performa (MaP) as methodology of wealth management system. MaP is maqasid al-shari’ah based organizational performance management system (Firdaus & Mukhlis, 2014). The objective of shariah (maqasid alshari’ah) is to protect and preserve: religion, life, progency, intellect and wealth, could be developed as foundation of organizational performance management system. Aspects of maslahah daruriyah those are religion, life, progency, intellect and wealth, to be developed into various of organizational performance orientation. Furthermore, goal of wealth management is to achieve falah. Objective of wealth management is to get maslahah. Maslahah based wealth management can be derived from cycle of acquiring and utilizing wealth. Acquiring wealth can be carried out by fullfilling worship orientation, internal process orientation, talent orientation, learning orientation, customer orientation and wealth orientation. Utilizing wealth can be carried out by allocating asset to wealth orientation, customer orientation, learning orientation, talent orientation, internal process orientation, worship orientation.

Penelitian

Tanggal Publikasi: 25 Jan 2023

The Urgency to Incorporate Maqasid Shari’ah as an Eludication of ‘Benefit’ as a Purpose of Law in Indonesia’s Legal Education

The Indonesian legal system is a religious one. However, there is strong traces of secularism in the legal education in non-Islamic universities. This article observes the teaching of purposes of law in the ‘Introduction to Jurisprudence’ course (ITJ) at the top law schools in Indonesia, particularly on the ‘Purposes of Law’ Chapter via the most used textbooks. It finds that there is little space for religiosity there especially on one of the main purposes of law according to all the textbooks: ‘utility’ primarily based on Jeremy Bentham’s utilitarianism theory. It is argued that the current approaches to utility is a secular approach which does not conform to the character of Indonesia. This article argues further that the Maqashid Al-Shari’ah is more appropriate to explain ‘utility’ in context of the Indonesian legal system, and should take its place among the ‘purposes of law’ chapter in the Indonesian legal education.

Penelitian

Tanggal Publikasi: 25 Jan 2023

A COMPARATIVE STUDY OF KHALDUN, SMITH, AND MARX THINKING ABOUT THE LABOR THEORY OF VALUE

The value of the goods or commodities depends on the worker's performance, according to the labor theory of value. Therefore, every worker must have a clear calculation of receiving wages. But how to determine the right calculation for the wages of a worker? In this case, Islam, capitalism and socialism have their respective views. So, this study aims to determine the views of the three schools about the labor theory of value. The method used by researcher in conducting this research is to use the method of literature study and comparative analysis. And to compare the thoughts of the three schools of economics, the researcher refers to the figure of the school's experts as representatives. Researcher chose Ibn Khaldun from the Islamic side, Adam Smith as a representative of capitalism, and Karl Marx as a reference figure for socialism.

Penelitian

Tanggal Publikasi: 25 Jan 2023

THE ISLAMIC WEALTH MANAGEMENT: AN ANALYSIS FROM IBN SĪNĀ’S PERSPECTIVE

This study aims to present the economic ideas of Ibn-e-Sīnā, dealing with the concept of wealth management. In order to achieve its objectives, this study employs qualitative research that refers to the meanings, concepts, definitions, characteristics, metaphors, symbols and descriptions of the matter under study. The study uses the literatures of Ibn Sīnā related to tadbir al-manzil (economics) to develop a theoretical model of managing wealth that integrates the material, spiritual, moral, social and legal dimensions. There are two methodologies of this study, namely interpretative and historical analytic methods. In his wealth management, there are two main variables; kasb (earning) and infāq (spending). The kasb (earning) is from al-tijārah (trade) and al-ṣinā‟at (manufacturing skills), while infāq is the function of infāq ijtimā'i (common expenditure), infāq dīni (religious expenditure) and aliddikhār (savings). Finding of this study is that the concept of managing the wealth derived from Ibn Sīnā is still relevant to the modern concept of Islamic wealth management