Keywords: islamic economy, capitalism, baqir sadr, communism, politics


This study aims to find the views of a central figure in formulating the Islamic economy in modern times, Muhammad Baqir Sadr. Islam as a universal religion interacts with the economic and political system, or what we commonly call today as an Islamic economy and Islamic politics, the interaction between the two makes certain implications, so that at this time people are starting to ask whether Islamic economics can provide solutions to people? and is the Islamic economy only talking about matters related to production and consumption without considering its relationship with politics? this study attempts to answer this question based on the literature review and textual analysis. This research will first discuss how Muhammad Baqir Sadr views the Islamic economy in modern times, secondly how the interaction of Islamic economics and politics itself, thirdly analyzes and summarizes holistically the benefits of Islamic economics and politics as an alternative solution for people in modern times.

Author Biography

Mochammad Fahlevi, Kusuma Negara Business School

Experienced Research Executive in Finance and writing several books and journals. Having experienced as well became lecturer at School of Business Kusuma Negara, with materials such as Finance, Islamic Banking, Business, Feasibility Studies, and Research Methodology. Education & Experience Graduated with Master of Management degree in Management, School of Business Kusuma Negara, Jakarta Graduated with Master of Philosophy degree in Philosophy studies, Islamic College, London PhD Candidate in Management, University of Brawijaya, Malang


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[2] Abdul Ghafar b. Ismail. (2008) Evolution of Islamic Economic Views. Malaysia: Centre for Research in Islamic Economics and Finance (EKONIS).
[3] Al Sadr, “al Janib al 'iqtisadi min al nizam al 'Islami,” (The Economic Perspective of Islamic System) in Ikhtarnalak.
[4] Al Sadr, “al Nazariyyah al 'Islamiyyah li tawzi' al masadir al tabi'iyyah” (Islamic Theory of Distribution of Natural Resources) in Ikhtarnalak (Beirut: Dar al Zahra', 1982)
[5] Al Sadr, Iqtisaduna (Our Economics) (Beirut: Dir al Ta'aruf, 1982)
[6] Al Sadr, Khutat tafsiliyyah `an iqtisad al mujtama` al 'Islami (General Basis of Economics of Islamic Society).
[7] Al Sadr, Muqaddimah fl al tafsir(Kuwait:al Dir al 'Islimiyyah, 1982)
[8] Baqir al-Sadr, Iqisaduna Tr .English Our Economics, (WOFIS) World organization for Islamic Services TehranIran,1982.
[9] Euis Amalia, Sejarah Pemikiran Ekonomi Islam Dari Masa Klasik hingga Kontemporer,. ( Jakarta: Pustaka Asatruss, 2005).
[10] Muhammad Baqir Ash-Shadr, Buku Induk Ekonomi Islam: Iqtishaduna. (Jakarta: Penerbit Zahra, 2008).
[11] Muhammad Baqir Ash-Shadr, Falsafatuna: Pandangan Muhammad Baqir Ash-Shadr terhadap pelbagai Aliran Filsafat Dunia, (Bandung: Penerbit Mizan, 1995)
How to Cite
Fahlevi, M. (2019). ISLAMIC ECONOMY AND POLITICS IN THE VIEW OF MUHAMMAD BAQIR SADR. Journal of Research in Business, Economics and Management, 13(2), 2431-2436. Retrieved from