Achieving A Strong and Independent Islamic Economic System in Indonesia

Abstract

The purpose of this research is to examine the achievements of Islamic economics in Indonesia where every day the economy is always changing. The research approach used is library research, where relevant and reliable sources are used to collect the necessary information. These sources include books and online scientific articles (journals). The results of this study are that the Islamic economic system in times of economic distress and crisis has achievements compared to other economic systems, namely: Islamic banking in the face of being able to survive compared to conventional banking, Islamic capital markets are more resistant to crises than conventional capital markets, Islamic social financial institutions during the covid-19 pandemic were able to survive and contribute to handling covid-19 and demand for Islamic insurance tended not to change during the financial crisis in Indonesia and the Islamic economic system in the real sector has the achievement of developing the economy in the trade sector.