The concept of demand in Islamic Economic Perspective

Islamic banking finance economy

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The concept of demand in Islamic Economic Perspective

The concept of demand in Islam assess a commodity (goods or services) not all of them can be consumed and used, to distinguish between lawful to unlawful Hence, in theory demanders discuss Islamic halal goods demand, whereas in the conventional demand, all commodities judged the same, can be consumed and used.QS. Al Maidah: 87-88يا ايها ا لذ ين آ منوا ل تحرموا طيبت ما احل الله لكمولاتعتدو, انالله لايحب المعتدين (87)"O ye who believe, do not unlawful nothing has been made lawful for you, and do not transgress limits. Allah does not love those who exceed the limit "

 وكلوامما رزقكم الله حللا طيب, واتقوالله الذي انتم بهي معمنن (88)"And eat food that is lawful and good of what God has bestowed to you, and bertaqwalah to God you believe in Him".

According to Ibn Taymiyyah, demand for an item is the desire for something, which is described by the term raghbah fil al-syai. Which is defined as the amount of goods diminta.secara outline, demand in Islamic economics together with conventional economics, but there is no limit certain limitations that must be considered by the individual Muslim in his desire. Islam requires to consume kosher again thoyyib. Islam prohibits a Muslim rule consuming illicit goods, except in emergency situations where if the goods are not to be eaten, it will affect the health of the Muslims.

Additionally, dakam Islamic teaching people who have a lot of money is not allowed to spend the money at will hatinya.Batasan budget is not enough to limit consumption. Another limitation to be considered is a Muslim should not be excessive (ishrof), and should give priority to goodness (maslahah) Islam does not advocate requests an item with tujua grandeur, opulence, kemubadziran. Even Islam ordered for those who have reached nishab, to set aside from the budget to pay zakat, infaq, and shodaqoh.