The Role of the Islamic Economic System in Achieving Fallah

Abstrak

To achieve holistic well-being (Fallah), economics is a choice to study human behavior when encountering a problem. The Islamic economic system possesses concepts that are owned based on the Qur'an and hadith, which provide economic order to achieve holistic well-being. Thus, the role of the state becomes essential in the Islamic economy. Without a State, Islamic economics will not work well in solving problems and vice versa. This paper aims to reveal how the implementation of the Islamic economic system in a country can achieve holistic welfare. This paper uses a qualitative method with a literature study approach. The result of this paper shows that the Islamic economic system guides managing the economic system either for the government or the whole society, yet it emphasized that in the welfare of a country's economic order, a robust effort and awareness are required from each individual in making maximum changes. It concluded that by being consistent in implementing the Islamic economic system everyone in a country has provided efforts on achieving holistic well-being (Fallah) for the entire human being