REPOSISI NEGARA DALAM PASAR: ANALISIS KRITIS TERHADAP ASUMSI INTERVENSI PASAR OLEH PEMERINTAH PERSPEKTIF EKONOMI ISLAM

Abstract

Inspired by reading of ideas and efforts of many Islamic economic experts in reconstructing a new
concept of Islamic economic (known as hidden pearl) to be adjusted with the development of modern
economy, as alternative economic system, which is expected to give sophisticating answers for the
current economic problems which continuously become more complex and beyond conventional
economic theories. As the consequence, unsynchronized terminologies appear. In fact, the terminology
(intervention) is usually used more in politics, getting involved in other parties’ business. Therefore, it
creates a negative sense or interpretation.This research tries to offer a new and more proper term for
substituting intervention with controlling. The Islamic economy, the government control over market is
comprehensive, integrated and sustainable. In social science perspective, this concept is closely similar
to social disorder. In terms of market, the controlling mechanism are: (1) preventive, (2) curative, (3)
repressive. Therefore, it is considered to be important to have a transparent, honest and fair legal
processes.