Munich Personal RePEc Archive

The concept of economic thought Ibn Khaldun

Mujahidin, Muhamad (2018): The concept of economic thought Ibn Khaldun.

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Abstract

This article describes the economic thinking of Ibn Khaldun. This study uses the historical approach of Islamic economic thinking through textual exegesis (text analysis). The results of this study indicate that the economic thought of Ibn Khaldun explains the concept of multidimensional economy involving various social aspects. Ibn Khaldun's economic concept implies an economic system that requires five components, namely sharia, government, society, ownership, free and fair economic activity.

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