Gold Currency Model in Aceh
Abstract
Complementary currency has been a trending issue. This is because the complementary currency can reduce people’s dependency on the government in serving the currency as a medium of exchange. However, many studies neglected the role of idle gold. Aceh is one province of Indonesia that reserves the right of special autonomy to implement Sharia. Aceh, being renowned for its fertility in the cultivation of some agricultural products such as coffee, tobacco, and palm oil, has become a strategic trade center. Aceh is also equally rich in gold mines, with the approximate result of five tons a year. This research attempts to design a model of complementary currency based on physical gold in Aceh. This study uses unstructured interviews with scholars, leaders, business people, and the government. The result reveals that stakeholders agree with the gold complementary currency, support and willing to recommend it. Besides, this model is believed to be beneficial. However, the most challenging factor is the support from the government which is essential to develop this gold currency model.
Abstrak
Mata uang komplementer (complementary currency) menjadi isu yang masih terus menjadi pembahasan. Hal ini karena mata uang komplementer dapat mengurangi ketergantungan terhadap pemerintah dalam melayani kebutuhan mata uang sebagai media pertukaran. Mata uang komplementer, termasuk yang berbasis emas, dapat meningkatkan ketahanan masyarakat terhadap krisis moneter. Namun demikian, kajian tentang hal ini masih jarang, terutama tentang peranan emas yang menganggur (idle gold). Aceh merupakan satu provinsi di Indonesia yang memiliki hak otonomi khusus untuk menerapkan syariat Islam. Penelitian ini mencoba merekomendasikan model mata uang komplementer berdasarkan emas, untuk diimplementasikan di Aceh. Penelitian dilakukan dengan wawancara tidak terstruktur dengan stakeholders dari ulama, pemimpin masyarakat, pelaku bisnis, dan pemerintah. Hasilnya menunjukkan bahwa stakeholders setuju, mendukung, dan merekomendasikan penggunaan mata uang komplementer di Aceh. Selain itu, model ini dipercaya dapat bermanfaat bagi perekonomian, kehidupan sosial, dan penerapan nilai Islam serta persaidaraan. Namun demikian, tantangan yang paling utama adalah dukungan pemerintah dan keterlibatannya dalam pengembangan dan implementasi model ini.
Keywords
References
Aceh Mine Department. (2018). Annual Report 2018. Energy and Mining Department, Banda Aceh.
Adan, Hasanuddin Yusuf. (2006). Politik dan Tamaddun Aceh. Adnin Foundation Aceh.
Ali, R. (2011). Interview result with Prof. Dr. Ali Rusydi, The Head Office of “Dinas Syariat Islam” Banda Aceh 2011.
Alfian, Ibrahim T. (1986). Mata Uang Emas Kerajaan-Kerajaan di Aceh. Departemen Pendidikan dan Kebudayaan, Proyek Perkembangan Permuseuman Daerah Istimewa Aceh (1986/1987).
Asshidiqi, Jimmy. (2009). The Former Head of Indonesian ‘Mahkamah Konstitusi’, disampaikan dalam Seminar Masa Depan Aceh, FH UNDIP April 2006.
Bank Indonesia. (2010). Annual Report 2010.
Benneth. (2010). Local Currencies Grow During Economic Recession. The Worldwatch Institute 2010, block@worldwatch.org.
Brunnermeier, M. (2008). ‘Bubbles’, New Palgrave Dictionary of Economics, Vol. 2.
Badan Pusat Statistik. (2010). Census 2010. Badan Pusat Statistik Indonesia.
Chandra, Setiawan. (2008). Mengurangi Ketergantungan Masyarakat terhadap Rupiah. Indonesian Business On-line, 5 July 2008, pp. 3.
Collom, E. (2005). Community Currency in the US: The Social Environment in which it Emerges and Survives. Environment and Planning A, Vol. 37(9), pp. 1565–87.
Collom, E. (2007). The Motivations, Engagement, Satisfaction, Outcomes, and Demographics of Time Bank Participants: Survey Findings from A U.S. System. Complementary Currency Systems. International Journal of Community Currency Research, 11, pp. 23–35.
Damanhuri. (2012). Interview result with Dr. Damanhuri Basir, Academician of Institut Agama Islam Negeri (IAIN) Banda Aceh.
Fakhruddin. (2011). Interview result with Tengku Hj Fakhruddin, The Head Office of Scholar (‘Majelis Permusyawaratan Ulama Aceh’), Aceh Besar, 2011.
Gary, A. (2019). Complementary currencies, LETS and Time banks. ECONOMY PROJECT. https://reconomy.org/what-you-can-do/alternative-banking-and-currencies/complementary-currencies/
Greco, Thomas H. Jr. (2009). The End of Money and The Future of Civilization. Chelsea Green Publishing. Vermont. The USA.
Hayek. (2011). Local Currencies Grow During Economic Recession. The Worldwatch Institute 2011, bblock@worldwatch.org.
Kantor Berita Antara News. (2011). www.kantorberitaantara.go.id
Kholil. (2011). Interview result with M Kholil, The Head Office of Aceh NGO Association, Banda Aceh.
Krohn, G. A., & Snyder, A. M. (2008). An Economic Analysis of Contemporary Local Currencies in the US. International Journal of Community Currency Research, Vol. 12, pp. 53–68.
Lietaer, B. (2004). Complementary currencies in Japan Today: Their History, Originality, and Relevance. International Journal of Community Currency Research, 8, pp. 1–23.
Lietaer, B. (2010). Complementary Currency Innovation: Self-guarantee in peer-to-peer Currencies. International Journal of Community Currency Research, Vol. 10, pp. 1–7.
Lietaer, B. (2011). www.lietaer.com
Lietaer, Bernard, Robert Ulanowicz, & Sally Goerner. (2009). Option For Managing a Systemic Bank Crisis. Perspective Integrating Environment & Society. Institute, Vol. 2 No. 1.
Lietaer, Bernard, Sally J. Goerner, & Robert E. Ulanowicz. (2010). Is Our Monetary Structure a Systemic Cause for Financial Instability? Evidence and Remedies from Nature. Journal of Futures Studies, Special Issue on the Financial Crisis, April 2010, Vol. 2, No. 1, pp. 29–76.
Mahani, Nik. (2011). Penggunaan Dinar-Dirham Maqasid Syariah and Reality Masa Kini. In Working Paper Dinar Emas Solusi Krisis Moneter, Maret 2011, Jakarta, pp. 19–39.
Marco, F., & Elena, M. (2020). Complementary Currencies as a Socio-Technical Innovation. Evidence from a Local Clearing Union in Italy. The Open Journal of Sociopolitical Studies. http://siba-ese.unisalento.it/index.php/paco
Marie, F., & Ahmed, P. O. (2014). The Complementary Currency Systems: A Tricky Issue for Economists. https://www.researchgate.net/publication/340678316
Meera, A. K. M., & Mubasheera, H. (2015). Revisiting the Concept of Money, Profit and Interest from the Perspective of Value and Diminishing Marginal Utility. Journal of Islamic Monetary Economics and Finance, 1(1), 25–53.
Meera, A. K. M. (2009). Real Money: Money and Payment Systems from an Islamic Perspective. IIUM Press, Malaysia.
Meera, A. K. M. (2010). 1st World Conference on Riba. Proceedings 1st and 2nd November 2010, Kuala Lumpur, pp. 1–14.
Meera, A. K. M. (2011). The Age of Turbulence. Greenspan. Retrieved from www.ahamedkameel.com
Pezhwak, Kokabian. (2020). Black Currency of Middle Ages and Case for Complementary Currency. Journal of Risk Financial Management (JRFM). https://doi.org/10.3390/jrfm13060114
Quintiliani, J. (2008). Complementary Currencies and South Africa: An Historical Analysis of Complementary. Produced for S.A.N.E. Foundation.
Ruddick, William O. (2011). Eco Pesa: An Evaluation of a Complementary Currency Programme in Kenya’s Informal Settlements. International Journal of Community Currency Research, 8, pp. 1–23.
Ruzanifah, K., & Safri, M. Y. (2016). Gold Dinar Awareness in Malaysia: An Empirical Study. Conference Paper, April. https://www.researchgate.net/publication/340678316
Saidi, Zaim. (2007). The Implementation of Islamic Gold Dinar Economy. Kuala Lumpur: Longman Malaysia.
Saidi, Zaim. (2009). Implementation of Islamic Gold Dinar Economy: The Indonesian Experience. In Real Money. IIUM Press.
Schroeder, Rolf F. H. (2010). Community Exchange and Trading Systems in Germany. International Journal of Complementary Currency Research, Vol. 10, pp. 24–42.
Setyowati, Rofah. (2006). Syariat Islam di Nanggroe Aceh Darussalam antara Harapan dan Kenyataan. Seminar Hukum Islam UNDIP Semarang, April.
Yaakop, R. Bin. (2007). Gold Dinar: The Kelantan Experience. Paper presented at the International Conference on Gold Dinar Economy, Kuala Lumpur.
DOI: 10.15408/aiq.v12i2.17803
Refbacks
- There are currently no refbacks.
