The Role of Islamic Political Strategy for the Indonesian Economy

Abstract

The establishment of a number of Islamic financial institutions in response to efforts to accelerate community economic growth marked the beginning of the Islamic economy's rapid development (up to this point). Among the attributes of the Islamic financial framework is the rise of requests to focus on legitimate viewpoints and Islamic business morals. so that the current system of Islamic economics must also adhere to Islamic business ethics and shari'ah principles. Why, from a philosophical standpoint, do the principles of Islamic economics need to satisfy a number of fundamental requirements? These include the principles of worship (al-tauhid), equality (al-musawat), freedom (al-hurriyat), justice (al-'adl), help-to-help (al-ta'awun), and tolerance (al tasamuh). Through partnerships with small and medium-sized businesses, the Islamic economic strategy plays a very positive role in accelerating Indonesia's economic development. In order to accelerate national economic development and efforts to improve the economic well-being of the Indonesian people themselves, it is necessary to empower the Islamic economy through business partnerships between Islamic financial institutions and small and medium-sized businesses by developing real agricultural sector activities like industry and trade as well as services.