Strategi Islamisasi Fiskal Dan Moneter Dunia
Abstract
The phenomenon in every nation is the credibility of fiscal and monetary policy is the core policy that affects the reduction of inflation. A fair fiscal and monetary system is only based on Islamic principles, while principles such as capitalism, communism, and socialism are too weak to uphold an equitable economic system and quality of life. This study attempts to elaborate on the Islamization strategy of fiskal and monetary policy. The research uses a qualitative approach with a literature study. This study is analytical descriptive research. The results of this study show that the right fiscal and monetary policies will certainly have a strong positive impact on economic stability and be able to withstand the rate of inflation. Therefore, the issue of fiscal and monetary policy credibility related to micro to macroeconomic stabilization has become a concern in recent years. In Islamic economics, what needs to be emphasized is the importance of directing fiskal and monetary policy towards social justice, sustainability, minimizing income inequality and promoting inclusive growth. In a sense, fiscal stimuli should be aimed at reducing income inequality, promoting distributive justice, and safeguarding the welfare of society at large. This Islamic value lies in the principles of justice and welfare supported by the values of at-tauhid, al-'adalah, al-amar al-ma'rūf wa an-nahyi al-munkar, tasamuh, al-musāwat and al-huriyyat.
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