Open access Journal
Reconstructing Integrative Islamic Economics: Imam Mālik’s Substantive Legal-Economic Framework in al-Muwaṭṭaʾ and Its Relevance for Contemporary Plural Legal System
Contemporary Issues on Interfaith Law and Society · Vol. 4 No. 1 (2025) · pp. 141–182
- ISSN
- 2829-8624, 2829-8373
- Published
- 2025-06-27
- Publisher
- Universitas Negeri Semarang
- Language
- eng
Abstract
Islamic economics integrates normative ethical principles with empirical realities, emphasizing justice (ʿadl), welfare (maṣlaḥah), and holistic prosperity (falāḥ). In contrast to conventional economics, which often detaches value judgments from analysis, Islamic economics seeks moral coherence in practice. This study explores the integrative economic thought of Imam Mālik ibn Anas (93–179 AH / 711–795 CE) as articulated in al-Muwaṭṭaʾ, a foundational legal text notable for embedding legal rulings within real economic contexts. Mālik’s jurisprudence reflects an empirical-normative synthesis, operationalizing Sharīʿah ethics in economic transactions through principles such as value equivalence, transparency, risk-sharing, and avoidance of speculation (gharar, maysir). The study employs a multidisciplinary qualitative methodology grounded in textual analysis to examine how al-Muwaṭṭaʾ provides a coherent framework for value-based economics. It investigates key legal-economic themes including contract ethics, distributive justice, monetary stability, and risk management. Findings suggest that Mālik’s integrative approach offers a corrective paradigm for contemporary Islamic finance, which often privileges legal form over economic substance. His model supports a shift toward ethical substance aligned with maqāṣid al-sharīʿah, offering relevance not only within Muslim-majority societies but also in pluralistic legal systems. This study contributes to the development of Islamic economic thought by advocating a paradigm rooted in ethical authenticity, responsive governance, and cross-cultural applicability—thereby advancing a more substantive and policy-relevant Islamic economic discourse.
Keywords
Collaboration network of the authors
40 authors · 87 co-authorship links · showing the 40 most connected
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- Sunan Kalijaga State Islamic University Yogyakarta
- Affiliation unknown
- Different organisations
- Same organisation
- Affiliation unknown
- Thicker line = more joint articles · bigger circle = more articles
Show as table
| Co-author | Organisation | Joint articles |
|---|---|---|
| Anwar Sutoyo | Affiliation unknown | 4 |
| Ali Masyhar | Affiliation unknown | 3 |
| Rohadhatul Aisy | Affiliation unknown | 2 |
| Edy Purwanto | Affiliation unknown | 2 |
| Mungin Eddy Wibowo | Affiliation unknown | 2 |
| Ahmad Zaharuddin Sani Ahmad Sabri | Affiliation unknown | 1 |
| Roziya Abu | Affiliation unknown | 1 |
| Baidhowi Baidhowi | Affiliation unknown | 1 |
| Rayi Kharisma Rajib | Affiliation unknown | 1 |
| Ahmad Rofiq | Affiliation unknown | 1 |
| Azmia Khafidzotul Labibah | Affiliation unknown | 1 |
| Yeni Puspita Sari | Affiliation unknown | 1 |
| Dwi Yuwono Puji Sugiharto | Affiliation unknown | 1 |
| Cempaka Wuryani Kusuma | Affiliation unknown | 1 |
| Edwindha Prafitra Nugraheni | Affiliation unknown | 1 |
| Agustin Yahya Mardianingsih | Affiliation unknown | 1 |
| Uswatun Chasanah | Sunan Kalijaga State Islamic University Yogyakarta | 1 |
| Mulawarman Mulawarman | Affiliation unknown | 1 |
| Rahmad Budiman | Affiliation unknown | 1 |
| Sunawan Sunawan | Affiliation unknown | 1 |
| Elvia Purwaningrum Diyah Palupi | Affiliation unknown | 1 |
| Nurul Huda | Affiliation unknown | 1 |
| Mungin Eddy Wibowo | Affiliation unknown | 1 |
| Ainun Fadlilah | Affiliation unknown | 1 |
| Vidy Astuti | Affiliation unknown | 1 |
| Nabila Fuadina | Affiliation unknown | 1 |
| Raharjo Raharjo | Affiliation unknown | 1 |
| Moh. Amiril Mukminin | Affiliation unknown | 1 |
| Ali Imron | Affiliation unknown | 1 |
| Siti Magfiratun | Affiliation unknown | 1 |
| Zulhendra Zulhendra | Affiliation unknown | 1 |
| Ibnu Fikri | Affiliation unknown | 1 |
| Anis Widyawati | Affiliation unknown | 1 |
| M. Azil Maskur | Affiliation unknown | 1 |
| Mochammad Achwan Baharuddin | Affiliation unknown | 1 |
| Moh. Erfan Soebahar | Affiliation unknown | 1 |
| Safitri Yulikhah | Affiliation unknown | 1 |
Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.