Consumption and Morality: Principles and Behavioral Framework in Islamic Economics

Furqani, Hafas

doi:10.4197/islec.30-si.6

Cited by 41 publications

(76 citation statements)

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“…Wherein discussion by Muslim scholars focus primarily on conceptual levels which briefly elaborate on excessive behavior. The most recent study conducted by Furqani (2017) unfolds the principles of Islamic consumption: (i) the principle of permissibility; (ii) the principle of responsibility; (iii) the principle of balance; and (iv) the principle of priority.…”

Section: Excessive Behavior (Israf): An Underdeveloped Discussionmentioning

confidence: 99%

“…Under this definition, excessive behavior is strongly associated to consumer spending activities. In the current Islamic economic discussion, consumption is viewed as a noble activity which contributes to the well-being of mankind (Furqani, 2017). Generally, the Quran has revealed an instruction to man to consume what has been provided by Allah, however the instruction is also followed by a set of principles.…”

Section: The Origin Of Excessive Behavior (Israf) In the Islamic Frameworkmentioning

confidence: 99%

“…In fact, Kahf (1992) criticizes the fact that there are only a few theorists that have dared to tackle the basic issues in the theory of consumer behavior, including consumer rationalism and the concept of goods. Whereas most of the discussion of Islamic consumer behavior remains limited to discussion of a philosophical stance and philosophical specific features or principles (Adnan, 2011;Furqani, 2017;Hossain, 2014;Khan, 2013;Tahir et. al., 1992).…”

Section: Introductionmentioning

confidence: 99%

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The Nature of Excessive Behavior (ISRAF) in the Islamic Economic Framework

Muttaqin

2019

J. Bus. Econ. Review

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Objective - The objective of this paper is to unfold the nature of excessive behavior in the Islamic economics framework. Methodology/Technique - This is a library research based on the various studies that specifically discuss excessive behavior and Islamic consumer behavior. The study uses a rating system to identify the relevance of content to the study and analyze content analysis. Findings - The nature of excessive behavior is condemned by Islam and is fully agreed upon by Muslim scholars. The extent of excessive behavior is not limited to certain levels of consumption. The Muslim consumer may unaware of doing the practice under the influence of a particular setting, where the pleasure of the practice is felt temporarily. Novelty - This study clarifies the terminology and nature of excessive behavior, which is unclear in previous studies conducted by Muslim scholars. Type of Paper: Review. Keywords: Excessive Behavior; Islamic Economics; Consumer Behavior; Miscellaneous. JEL Classification: A13, D01, P40, Y80 DOI: https://doi.org/10.35609/jber.2019.4.1(6)

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Section: Excessive Behavior (Israf): An Underdeveloped Discussionmentioning

confidence: 99%

Section: The Origin Of Excessive Behavior (Israf) In the Islamic Frameworkmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The Nature of Excessive Behavior (ISRAF) in the Islamic Economic Framework

Muttaqin

2019

J. Bus. Econ. Review

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“…Moral values in Islam aim to guide human activity in society, to assist and control their behavior to the benefit of the whole society and its individuals, and to bring for all individuals a good conclusion in the other life (Nuriman and Fauzan, 2017). It is implied that even in doing consumption, a Muslim is expected to uphold ethics and righteousness according to Islamic values (Furqani, 2017).…”

Section: And Do Not Act Extravagantly; Surely He Does Not Love the Exmentioning

confidence: 99%

The Understanding Of Sharia Principles On Consumption Expenditures In Disruptive Era

Hanapia¹,

Komaludin²,

Nasution³

et al. 2019

Proceedings of the Proceedings of the 1st International Conference on Economics, Management, Accounting and Business, ICEMAB 20

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In Sharia economy, consumption activity is basically framed by certain Sharia principles. As the result of global economic dynamic whereas technology, innovation and creativity are all emerged in creating new paradigm in economic life, Sharia principles become more essential in firming and protecting consumption activities of a Muslim accordingly. In the challenge of this currently disruptive era, Sharia principles confirming and filtering the consumption choices made by a Muslim. In doing consumption activity, some of the Sharia principles covers justice, cleanliness and hygiene, simplicity, charity and morality. This study aims to examine consumption principles in Sharia economics. Moreover, by doing several statistical tests, this study attempts to discuss and measure the magnitude of the implementation of Sharia principles in consumption expenditures implemented by Muslim in Tasikmalaya City, West Java, Indonesia. This study used cluster sampling technique in deciding the sample size. A field survey with 117 sample from a population was used as the research method of this study. This current study takes Sharia principles as independent variable meanwhile consumption expenditure on food items, consumption expenditure on non-food items and total consumption expenditures as the dependent variables Y1, Y2, Y3 respectively. The hypotheses stated that Sharia principles affect consumption expenditures, therefore some relevant tests are essential in proving the hypotheses through scientific research systematically. The result admitted that Sharia principles are implemented by Muslim people in Tasikmalaya City. The implementation of Sharia principles has a positive and significant effect on consumption expenditures on food items of Muslim in Tasikmalaya City. The result implies great opportunities for producers in providing food products that complied with Sharia principles for Muslim consumers.

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“…Abeng (1997) classified the essentials ethics in bussines are: the utmost importance of all sort of productive work and the distribution of wealth in society, the vocation of trade, and the fundamental principles of freedom and justice for business conduct; the prescription of certain manners such as leniency, service-motive, and consciousness of Allah; and mutual consultation. Furqani (2017) stated that Islamic Economics imply the moderation as the value of ethical principle in consumption. Hakim (2017) found that the concept of ta'dib can be applied in the study of Islamic economic accordance with the key concept which stated in the al-Qur'an such as: al-fadlu, 'adl, maslahah, iqtishad, dan falah.…”

mentioning

confidence: 99%

Islamic Economics Ethics Perspective on Economic Development in the Time of Coronavirus Disease (Covid-19)

Hakim

Muslikhati

Aprilianto

2020

JES

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This study aims to provide an in-depth analysis of Islamic economics ethics on economic development in the time of coronavirus disease (Covid-19). This research was qualitative, using documentation techniques in data collection. The data analyzed using descriptive-qualitative technique. The conclusion of this study found that Islamic economic ethics in the economic development emphasizes on the role of the invidual (society) and institutions (government) in an active effort to manage the spread of coronavirus disease (Covid-19) by avoid an excessive buying, consume the halal and thayyib food, increase the alms giving activites and also the enforcement of fiscal and monetary policy.

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Consumption and Morality: Principles and Behavioral Framework in Islamic Economics

Cited by 41 publications

References 0 publications

The Nature of Excessive Behavior (ISRAF) in the Islamic Economic Framework

The Nature of Excessive Behavior (ISRAF) in the Islamic Economic Framework

The Understanding Of Sharia Principles On Consumption Expenditures In Disruptive Era

Islamic Economics Ethics Perspective on Economic Development in the Time of Coronavirus Disease (Covid-19)

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