Interpretation of Verses on Consumption (Application of Quranic Economic Tafsir)

Abstract

This essay tries to develop economic studies from the point of view of Quranic economic tafsir. As a methodology, tafsir plays significant role in order to develop Islamic economic discipline. This model of economic tafsir derived from the thematic Quranic interpretation is developed through four phases including; classification of Quranic verses pertinent to economic affairs, understanding them based on chronology, micro and macro context, and socio-economic contextualization. To sum up, this paper reveals that the consumption behavior in the Quran is ruled harmoniously, gradually and systematically in order to propose the new model of consumption for the Muslim community through eight axiomatic Islamic consumption behavior