In discussing the Islamic economic perspective, there is one starting point that we really have to pay attention to, namely: “ the economy in Islam is indeed rooted in the Islamic faith, which is derived from the syariah. This is only from one side. Meanwhile, on the other hand, Islamic economics leads to the Al-Qur'an al-Karim and As-Sunnah Nabawz'yah which are in Arabic..

Therefore, existing terminology and economic substance, must be formed and adapted first within the Islamic framework. Or in other words, words and sentences must be used in the lughawi frame, so that we can realize how important this problem point is. Thus we can clearly, firmly and clearly provide the correct understanding of the term needs, desire, and scarcity (al nudmt) in an effort to solve human economic problems.

Islamic economics is a social science that studies the economic problems of the people who are inspired by Islamic values. As far as the problem of tree scarcity, there is almost no difference whatsoever between Islamic economics and modern economics. Even if there is a difference, it lies in the nature and volume (I give; 1993). That is why the main difference between the two systems of economics can be stated by paying attention to the handling of the problem of choice.

In modern economics, this choice problem really depends on the behavior of each individual. They may or may not take society's requirements into account. But in Islamic economics, we are not in a position to distribute resources as we please. In this case there are serious restrictions based on the provisions of the Holy Qur'an and Sunnah on individual labor. In Islam, Social welfare can be maximized if economic resources are also allocated in such a way, so by re-setting the situation, no one gets better by making others worse within the framework of the Qur’an or the Sunnah. This means that Islam does not recognize zero sum games.

Before we study more about the nature of Islamic economics, it is good to be given some understanding of Islamic economics put forward by Islamic economists.:

M.AkramKan

Islamic economics aims the study of the human falah (well-being) achieved by organizing the resources of the earth 0n the basic of cooperation and participation. We can loosely mean that Islamic economics aims to study the happiness of human life which is achieved by organizing natural resources on the basis of cooperation and participation.. The definition put forward by Akram Kan provides a normative dimension (happiness of life in this world and the hereafter) as well as positive dimensions (organizing natural resources)

Muhammad Abdul Manan

Islamic ecomics is a social science which studies the economics problems of a people imbued with the values of Islam. Jadj, According to Manan, Islamic economics is a social science that studies the economic problems of society inspired by Islamic values.

M.Umer Chapra

Islamic eooomics was defined as that branch ofknowledge which helps realize human well-being through an allocation and distribution of scarce resources that is in confirmity with Islamic teaching without unduly curbing Individual freedom or creating continued macroeconomic and ecological imbalances. So, According to Chapra, Islamic economics is a knowledge that helps the realization of human happiness through the allocation and distribution of limited resources that are in the corridor that refers to Islamic teachings without giving individual freedom or without sustainable macroeconomic behavior and without environmental imbalances..

Muhammad Nejatullah Ash-Sidiqi

Islamic economics is the muslim thinker’s response to the economic challenges of their time. In this endeavour they were aided by the Qur’an and the Sunnah as well as by reason and experience. According to AshShidiqy, Islamic economics is the response of Muslim thinkers to economic challenges at a certain time. In this hard work they are helped by the Qur'an and Sunnah, akal (ijtihad) and experience.

Kursyid Ahmad

Islamic economics is a systematic effort to thy to understand the ecoomie’s problem and man’s behaviour in relation to that problem from an islamic perspective. According to Ahmad, Islamic economics is a systematic effort to understand economic problems and human behavior in a relational way from an Islamic perspective.

From the definitions put forward d1 above, We can raise a question whether Islamic economics is positive or normative? .According to Chapra, Islamic economics should not be trapped by the dichotomy of positive and normative approaches. Because in fact the approaches are complementary and not mutually exclusive. Meanwhile, Manan said that Islamic economics is positive and normative economics. If there is a tendency for some economists who are very concerned with positivism and do not at all propose a normative approach or vice versa, of course it's a pity.

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