Analysis of the Influence of Sharia Monetary Policy on Economic Development in Indonesia

Authors

  • Rania Ningsih Ekonomi Syariah, Fakultas Keislaman, Universitas Trunojoyo Madura
  • Bilal Kautsar Setiabudi Ekonomi Syariah, Fakultas Keislaman, Universitas Trunojoyo Madura
  • Moh azfahani zain 220721100125@student.trunojoyo.ac.id
  • Nasya Amelia Putri Ekonomi Syariah, Fakultas Keislaman, Universitas Trunojoyo Madura

DOI:

https://doi.org/10.61166/fadilah.v2i1.18

Keywords:

Monetary, Islamic Economics, Economic Development, Inflation

Abstract

The Islamic economic system is considered capable of contributing to the global economy, including in Indonesia. This article aims to analyze monetary policy in Indonesia from an Islamic economic perspective. In this research, researchers observe monetary policy instruments, namely open market operations, where in general, monetary targets are aimed at encouraging economic growth and stabilizing inflation. The methodology used is a literature study approach to three main journals and several national and international journal articles related to sharia monetary. The main finding of this research is that the development of sharia-based monetary policy in Indonesia is considered to have an important role in economic development in Indonesia.

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References

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Published

2024-06-18

How to Cite

Rania Ningsih, Bilal Kautsar Setiabudi, Moh azfahani zain, & Nasya Amelia Putri. (2024). Analysis of the Influence of Sharia Monetary Policy on Economic Development in Indonesia. Al-Fadilah: Islamic Economics Journal, 2(1), 39–51. https://doi.org/10.61166/fadilah.v2i1.18

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