Strategic Industry in Islamic Political Economy Perspective

  • Indra Fajar Alamsyah Department of Management, Faculty of Economics and Business, Universitas Islam Bandung, Bandung, Indonesia
  • Md. Nazim Uddin Department of Business Administration, Faculty of Economics, Ankara University, Ankara, Turkiye
Keywords: Strategic Industry, Political Economy, Islamic Economics

Abstract

The development of strategic industries in Muslim countries in general, and specifically Indonesia, has found stagnant conditions, not developed and not even made a top priority in the concept of state development they are designing. This is in contrast to capitalist countries which are competing to become a new face as a country with the forefront strategic industry. The purpose of this article is to provide a conceptual description of thinking of Muslim countries in viewing sovereignty. Sovereignty in these days means independence from various dependencies, especially political-economic dependence. This study used a qualitative library research method. the results of the study found gaps in the concept of development in Muslim countries in the concept of development towards sovereignty through strategic industries. The novelty of this concept is to see the potential of ASEAN countries, especially Indonesia, to be able to take a big role in an important strategic industrial position for Muslim countries.

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Published
2024-03-24
How to Cite
Alamsyah, I., & Uddin, M. (2024). Strategic Industry in Islamic Political Economy Perspective. Islamic Research, 7(1), 33-36. https://doi.org/https://doi.org/10.47076/jkpis.v7i1.238
Section
Islamic Economics and Finance