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The following article tries to investigate the knowledge islamization of al-Faruqi and its implementation in Islamic Economics in Indonesia. But the problem in this connection is does islamization of knowledge can responsible either in term religion or that of academical discourse in particular in economics? In fact, the islamization implementation in muslim economic in Indonesia tends more to supply market demand than that of Islamic Economics as science. Thus, there is the orientation deviation in Islamic Economics in Indonesia from academic to political sphere.
Keywords: islamisasi, al-Faruqi, ekonomi Islam, pasar, dan masyarakat

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