Concept of Scarcity in the Islamic Economic Perspective

Hanif Fadhlillah, Muhammad Nafik, Ririn Ratnasari, Tika Widiastuti, and Sri Herianingrum.
2018

DOI: 10.5220/0007538100930096

Keywords: Scarcity, Distribution, Consumption, Islamic Economic.


Abstrak

The scarcity of goods and services is seen as a fundamental problem in the economy, as in the conventional economic view. People are required to increase production to cover the scarcity of goods and services. Islam holds the view that the concept of scarcity in conventional economics does not exist because everything created in this world is destined for humans. In the absence of the concept of scarcity in Islam, the economic problem does not lie in the way of overcoming scarcity, but the way of distribution and consumption of wealth or wealth in society. It is this distribution and consumption that is the main problem in the economy, not the production problem to overcome scarcity. The solution to the problem of scarcity is how to distribute a fair and equitable wealth and consumption in the middle.

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