Munich Personal RePEc Archive

Economic policy caliph Umar ibn Khattab

Kusnadi, Jamaludin (2018): Economic policy caliph Umar ibn Khattab.

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Umar bin Khattab was a close friend of the Prophet Muhammad that did policies in Islamic economy, especially macroeconomy, and found wisdom way to manage property (country wealth) and made people benefit with three ways, first: take the right way, second: given in accordance with their rights, and third; avoid from bad. It showed that management of Umar bin Khattab was neat in the country took financial management policy, the country will not take people property in wrong way.

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