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The Monetary Policy in Indonesia: in the Perspective of Islamic Economics

International Journal of Nusantara Islam · Vol. 5 No. 1 (2017) · hlm. 59–74

DOI
10.15575/ijni.v5i1.1443
ISSN
2355-651X, 2252-5904
Terbit
2017-03-16
Penerbit
UIN Sunan Gunung Djati Bandung
Bahasa
eng

Abstrak

The writing is based on my concern on the monetary policy in Indonesia which is not fully in accordance with the Islamic teaching. Among all, the monetary policy doesn’t pay attention to the real sector. It can be seen from the sectorial dichotomy between the real and monetary sectors whereas in Islamic economics, monetary policy is only a representative of the real sector. The paper is a literary research with the approach of comparative study between Islamic monetary policy and the monetary policy employed in Indonesia. The research result is a composition of a transmission model from the perspective of Islamic economics which is based on BI Return (sharing) by creating a diagram and then explaining some thoughts of Muslim and western economists such as Stieglitz to create a monetary policy which gets along with the real sector. The model is an observational result to the monetary condition in Indonesia which is then compared to Islamic monetary thought. This model will gain good result when all transmissions of monetary policy are applied effectively.

Kata kunci

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16 penulis · 30 tautan kepenulisan bersama · 16 lintas organisasi

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  • IPB University
  • Griffith University
  • Universitas Airlangga
  • Universitas Trisakti
  • Siliwangi University
  • Bank Indonesia
  • University of Indonesia
  • Afiliasi tidak diketahui
  • Organisasi berbeda
  • Organisasi sama
  • Afiliasi tidak diketahui
  • Garis lebih tebal = lebih banyak artikel bersama · lingkaran lebih besar = lebih banyak artikel
Tampilkan sebagai tabel
Rekan penulisOrganisasiArtikel bersama
Hermanto SiregarIPB University2
Tatik MariyantiUniversitas Trisakti1
Lokot Zein NasutionUniversitas Trisakti1
Gunawan Setyo UtomoUniversity of Indonesia1
Novendi Arkham MubtadiUniversitas Airlangga1
Idqan FahmiIPB University1
Ariani Dian PratiwiIPB University1
Reza MustafaAfiliasi tidak diketahui1
Irfan Syauqi BeikIPB University1
SuhendiIPB University1
M Luthfi HamidiGriffith University1
Andrew C. WorthingtonGriffith University1
Tracey WestGriffith University1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) https://journal.uinsgd.ac.id/index.php/ijni/oai, pertama di-harvest 7 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc)
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	<dc:title xml:lang="en-US">The Monetary Policy in Indonesia: in the Perspective of Islamic Economics</dc:title>
	<dc:creator>Wisandani, Iwan</dc:creator>
	<dc:creator>Iswati, Sri</dc:creator>
	<dc:creator>Ismal, Rifki</dc:creator>
	<dc:subject xml:lang="en-US">Model</dc:subject>
	<dc:subject xml:lang="en-US">BI Return</dc:subject>
	<dc:subject xml:lang="en-US">Islamic monetary policy</dc:subject>
	<dc:description xml:lang="en-US">The writing is based on my concern on the monetary policy in Indonesia which is not fully in accordance with the Islamic teaching. Among all, the monetary policy doesn’t pay attention to the real sector. It can be seen from the sectorial dichotomy between the real and monetary sectors whereas in Islamic economics, monetary policy is only a representative of the real sector. The paper is a literary research with the approach of comparative study between Islamic monetary policy and the monetary policy employed in Indonesia. The research result is a composition of a transmission model from the perspective of Islamic economics which is based on BI Return (sharing) by creating a diagram and then explaining some thoughts of Muslim and western economists such as Stieglitz to create a monetary policy which gets along with the real sector. The model is an observational result to the monetary condition in Indonesia which is then compared to Islamic monetary thought. This model will gain good result when all transmissions of monetary policy are applied effectively.</dc:description>
	<dc:publisher xml:lang="en-US">UIN Sunan Gunung Djati Bandung</dc:publisher>
	<dc:date>2017-03-16</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.uinsgd.ac.id/index.php/ijni/article/view/1443</dc:identifier>
	<dc:identifier>10.15575/ijni.v5i1.1443</dc:identifier>
	<dc:source xml:lang="en-US">International Journal of Nusantara Islam; Vol. 5 No. 1 (2017): International Journal of Nusantara Islam; 59-74</dc:source>
	<dc:source xml:lang="id-ID">International Journal of Nusantara Islam; Vol 5 No 1 (2017): International Journal of Nusantara Islam; 59-74</dc:source>
	<dc:source>2355-651X</dc:source>
	<dc:source>2252-5904</dc:source>
	<dc:source>10.15575/ijni.v5i1</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uinsgd.ac.id/index.php/ijni/article/view/1443/pdf_87</dc:relation>
</oai_dc:dc>