Munich Personal RePEc Archive

Religion and Economic Performance

Nurrachmi, Rininta (2016): Religion and Economic Performance. Forthcoming in: ISEFID (Islamic Economic for Indonesian Development) (March 2018): pp. 1-9.

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Studies on religion and economy have attract many researchers. This paper is aim to observe how religion influence economy by seeing from microeconomic and Islamic perspective. Moreover, it elaborates the role of religion for economic performance. The finding indicates that social phenomena in the community can be understood by seeing the individual behavior as part of microeconomic level. Individual consumer sees religious expression as an economic good that must compete with other goods. While from Islamic perspective, economic activities should provide a better concept according to the Quran, Sunnah and hadith. Religion has a role to enhance economy by shaping individual values and attitudes particularly in terms honesty, work ethic and trust.

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