Islamic Economic Assumptions in the Context of Islamic Tasawur: A Preliminary Discussion

Abstract

This paper aims to determine whether Islamic economics's assumptions are in line with the concept of Islamic Tasawur. These assumptions are divided into two categories: a scarcity of resources and unlimited human wants. The philosophical pillars of Islamic economics assumptions have been adapted from Western or conventional economics, then Islamized and transformed into Islamic philosophy. As a result, the assumption by mainstream Islamic economic scholars of the scarcity of resources and unlimited human desire cannot be universally accepted because its essence differs slightly from that of the Qur'an and the Hadith. These Islamic economic assumptions must be examined based on the Quran and the Hadith. As a result, it is critical to discuss Islamic economics's premises consistent with the Islamic Tasawur.