THE SHARIA BUSINESS MODEL DURING THE CALIPHATE OF ALI BIN ABI TALIB AND ITS RELEVANCE TO THE MODERN ECONOMY

Abstrak

This article aims to analyze the sharia business model implemented during the caliphate of Ali bin Abi Talib and its relevance in the context of the modern economy. Using a qualitative approach, the research explores the principles of sharia economics adopted by Ali bin Abi Talib, including concepts of justice, transparency, and social responsibility. Historical data is gathered from classical sources and contemporary literature to illustrate business practices that reflect these values, such as zakat management, sustainable financing systems, and protection for vulnerable groups. The analysis reveals that Ali’s approach to the economy not only emphasizes sharia compliance but also focuses on community development and social welfare. These findings indicate that the principles applied during Ali bin Abi Talib's caliphate still possess significant appeal and application in developing sharia business models in today's globalized era. This article aims to contribute to the literature on sharia economics by providing new insights into the integration of historical values in modern business practices.