REPOSITORY Umumindonesia2018

Economics Lecturers’ Perception on the Great Gap Theory on Economics and Finance History and Its Impact toward Islamic Economics

Soemitra, Andri; Yafiz, Muhmmad · Repository UIN Sumatera Utara

Abstrak / Ringkasan

Since a long time, most Muslim all around the world have been living under the Western-Secular system including economics and finance. It happened because of the
majority of Muslim countries being occupied by Western-Secular countries. Therefore, since the era of independence of most Muslim countries, there has been a huge increase in Muslim awareness to revive Islamic teachings in all aspects, including in economics and finance. Unfortunately, the efforts to revive Islamic teachings are not well followed by the improvement of Muslims’ understanding toward their daily activities in terms of their economic and financial activities that is still affected by the Western-Secular System. This article is written to reveal the gap that has happened in
the context of economics history in the mind of the lecturers of economics. This article used qualitative research method by giving questionnaire to random respondents, that is, lecturers of economics and finance in North Sumatera. This article showed that most of the lecturers of economics that became the respondents of the research agreed that there is a great gap in the history of economics and there is no relationship between the developments of economics with Islamic history. The impact of the research is that there is a need to do more socialization about the contribution of Islamic teaching toward modern economics and finance as the ‘missing link’ in the Western economics. It also needed to socialize the continuity of Islamic economics and finance in the modern era as the way of life of Muslim in modern era.

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