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'The Ma'ruf Amin Way': The theoretical ideals of Islamic economics

The Ma’ruf Amin Way tries to elaborate on a statement Ma’ruf made on Islamic economics, partnership and redistribution of assets during the Community Economic Congress held by the Indonesian Ulema Council (MUI) in 2017.

Paul Sutaryono (The Jakarta Post)
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Jakarta
Sun, May 12, 2019

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'The Ma'ruf Amin Way': The theoretical ideals of Islamic economics The Ma'aruf Amin Way. (-/Paul Sutaryono)

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new book offers insights into the mind of Ma’ruf Amin, a senior cleric who will most likely accompany President Joko “Jokowi” Widodo in his second presidential term.

The book, called The Ma'ruf Amin Way and authored by several writers, namely Sahala Panggabean, Anwar Abbas, Chandra Saritua, Bayu Winarko, Frans Meroga Panggabean and Iryan Ali Herdiansyah, seems like a suitable companion to a previously published book called Jokoway, which was written by Eko Sulistio and offers a perspective on Jokowi’s leadership style.

The Ma’ruf Amin Way tries to elaborate on a statement Ma’ruf made on Islamic economics, partnership and redistribution of assets during the Community Economic Congress held by the Indonesian Ulema Council (MUI) in 2017.

Ma’ruf said that ideally, economic practices should be based on Islamic values, where partnerships are made in the spirit of mutual cooperation to create equal and mutually beneficial ties. He also explained how asset redistribution should be an effort to eliminate social inequalities caused by the control of assets by a handful of people.

The book’s authors then sharpen Ma’ruf’s ideas and provide concrete explanations.

In page 119, for example, they write that they believe The Ma'ruf Amin Way consists of three principles: justice, societal economy and sovereignty. These are interrelated to create community welfare, the authors suggest.

First, they explain that in Ma’ruf’s first ideal economic principle, economic justice is based on a moral economy that is driven by religious values (sharia economy), humanity and social justice. In upholding religious values, the economy must be managed for everyone’s benefit.

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