Sejarah Peradaban Pemikiran dan Praktik Ekonomi pada Masa Daulah Abbasiyah dan Masa Tiga Kerajaan Besar
Keywords:
Islamic Economic History, Abbasid Caliphate, Three Great Islamic EmpiresAbstract
This study aims to analyze the historical development of economic thought and practice during the Abbasid Caliphate and the period of the Three Great Islamic Empires, namely the Ottoman, Safavid, and Mughal Empires. The focus of the study is on how Islamic economic concepts developed theoretically and were implemented in governmental administration, trade, fiscal policy, and social welfare within the dynamics of classical and medieval Islamic civilization. This research employs a qualitative approach with a library research design. The data were obtained from primary sources on Islamic history, classical Muslim scholars’ works on economic thought, and secondary sources in the form of relevant academic books and peer-reviewed journal articles. Data collection was conducted through documentation study, while data analysis applied descriptive-historical and thematic analytical approaches. The findings reveal that during the Abbasid period, there was significant progress in Islamic economic thought and practice, characterized by the development of market concepts, fiscal policies, the management of the bait al-māl, taxation systems, and the role of the state in ensuring economic justice. The contributions of Muslim scholars and intellectuals played a crucial role in formulating economic principles grounded in Islamic law. Meanwhile, during the period of the Three Great Islamic Empires, economic practices underwent adaptation in accordance with the social, political, and geographical contexts of each region, with particular emphasis on international trade, state financial administration, and economic stability.This study concludes that the development of Islamic economic thought and practice during both periods demonstrates a continuity between normative Islamic values and historical realities, and has made a significant contribution to the formation of a just and sustainable Islamic economic system.
References
Ágoston, G., & Masters, B. (2009). Encyclopedia of the Ottoman Empire. Facts On File.
Ahmed, H. (2011). Product Development in Islamic Banks. Edinburgh University Press.
Ahmed, S. (2011). Islam, Property and the Limits of Capitalism. Third World Quarterly, 32 (8), 1519–1536. [https://doi.org/10.1080/01436597.2011.604509]
Askari, H., Iqbal, Z., & Mirakhor, A. (2015). Introduction to Islamic Economics. Wiley.
Asutay, M. (2007). A Political Economy Approach to Islamic Economics. Kyoto Bulletin of Islamic Area Studies, 1 (2), 3–18.
Baskan, B. (2014). The Politics of Islamic Economics. Third World Quarterly, 35 (7), 1284–1302. [https://doi.org/10.1080/01436597.2014.946254]
Bowen, J. R. (2012). Islam, Law, and Equality in Indonesia. Cambridge University Press.
Chapra, M. U. (2008). The Islamic Vision of Development in the Light of Maqasid Al-Shariah. Islamic Research and Training Institute Policy Paper, 15, 1–42.
Çizakça, M. (2011). Islamic Capitalism and Finance: Origins, Evolution and the Future. Edward Elgar Publishing.
Çizakça, M. (2020). Islamic Economic Thought: A Collected Essays. Islamic Research and Training Institute.
Dar, H. A., & Presley, J. R. (2000). Lack of Profit Loss Sharing in Islamic Banking. International Journal of Islamic Financial Services, 2 (2), 3–18.
Darling, L. T. (2013). A History of Social Justice and Political Power in the Middle East. Routledge.
El Fadl, K. A. (2004). Islam and the Challenge of Democracy. Princeton University Press.
Hallaq, W. B. (2009). Shari‘a: Theory, Practice, Transformations. Cambridge University Press.
Haneef, M. A. (2014). Islamic Economics Education. Humanomics, 30 (2), 152–168.
Hefner, R. W. (2011). Shari‘a Politics: Islamic Law and Society in the Modern World. Indiana University Press.
Hosseini, H. M. (2003). Contributions of Medieval Muslim Scholars to the History of Economics. Journal of Islamic Studies, 14 (3), 273–296. [https://doi.org/10.1093/jis/14.3.273]
Hosseini, H. M. (2018). Islamic Economics and the New International Economic Order. Journal of Economic Cooperation and Development, 39 (2), 1–28.
Islahi, A. A. (2010). Islamic Economics: A Review of Recent Literature. Journal of King Abdulaziz University: Islamic Economics, 23 (2), 3–27.
Islahi, A. A. (2015). History of Islamic Economic Thought. Edward Elgar Publishing.
Kahf, M. (2004). Islamic Economics: What Went Wrong? Islamic Development Bank Roundtable on Islamic Economics.
Knysh, A. (2017). Islam in Historical Perspective. Routledge.
Kuran, T. (2004). Why the Middle East is Economically Underdeveloped. Journal of Economic Perspectives, 18 (3), 71–90. [https://doi.org/10.1257/0895330042162421]
Kuran, T. (2011). The Long Divergence. Princeton University Press.
Lewis, B. (1993). Islam and the West. Oxford University Press.
Mawdudi, A. A. (1999). Economic system of Islam. Islamic Publications.
Mirakhor, A., & Askari, H. (2010). Islam and the Path to Human and Economic Development. Palgrave Macmillan.
Nienhaus, V. (2010). Fundamentals of an Islamic Economic System. Journal of Islamic Economics, Banking and Finance, 6(2), 1–30.
Pamuk, Ş. (2014). A Monetary History of the Ottoman Empire. Cambridge University Press.
Rahman, F. (1984). Islam and modernity. University of Chicago Press.
Rodinson, M. (2007). Islam and Capitalism. Saqi Books.
Siddiqi, M. N. (2001). Teaching of Islamic Economics. Journal of King Abdulaziz University: Islamic Economics, 13, 3–14.
Vogel, F. E., & Hayes, S. L. (1998). Islamic Law and Finance. Kluwer Law International.
Voll, J. O. (2008). Islam: Continuity and Change in the Modern World. Syracuse University Press.
Wilson, R. (2009). The Development of Islamic Finance. Edinburgh University Press.
Zaman, A. (2006). Islamic Economics: Some Lessons from the Past. Review of Islamic Economics, 9 (2), 5–22.
Zaman, A. (2012). Crisis in Islamic Economics. Journal of Islamic Economics, Banking and Finance, 8 (1), 9–22.
Zubaida, S. (2005). Law and Power in the Islamic world. I.B. Tauris.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Orbis Islamica
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Authors who publish with this journal agree to the following terms:
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
