Culture of Islamic Economic Principles and Democracy and Welfare Based on Pancasila Ideology

Abstract

This study aimed to obtain data from previous studies on the relevance culture of Islamic economic principles and democracy and welfare based on the Pancasila ideology. Our data search was conducted electronically on many international and national publications between 2010 and 2021. Furthermore, our data has been analyzed involving several techniques such as data analysis, interpretation, in-depth analysis of critical evaluation, and drawing conclusions that can answer the question of this study. We are looking for references between Islamic economic principles and Pancasila economics. Based on Wah and his discussion, he was surprised to find evidence of the studies developing Islamic economics and its principles, welfare, and economic democracy based on Pancasila. This is because most Muslims mutually agree upon the two sources as residents of Indonesia. Arabic language and this study are essential inputs for developing the following Islamic economics study.

Economic Compatibility of Islamic Economy and Pancasila: Implications for the Postgraduate Curriculum

“…This is important because Islamic economics is obliged to settle disputes based on Islamic law. An interdisciplinary approach needs to be applied in the curriculum, combining legal, economic, ethical, and regulatory aspects to provide a holistic understanding of Islamic banking in Indonesia [31].…”