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Liberal Islam originally emerged out of the Islamic revivalist movement of the 18th–19th centuries. [1] Liberal and progressive ideas within Islam are considered controversial by some traditional Muslims , who criticize liberal Muslims on the grounds of being too Western and/or rationalistic .
A market economy was established in the Islamic world on the basis of an economic system resembling merchant capitalism. Capital formation was promoted by labour in medieval Islamic society, and financial capital was developed by a considerable number of owners of monetary funds and precious metals.
Islamic economics grew naturally from the Islamic revival and political Islam whose adherents considered Islam to be a complete system of life in all its aspects, rather than a spiritual formula [86] and believed that it logically followed that Islam must have an economic system, unique from and superior to non-Islamic economic systems.
Luthfi Assyaukanie (27 August 1967), is a cofounder of the Liberal Islam Network (Jaringan Islam Liberal, JIL) in Indonesia, a lecturer at Paramadina University, and a research associate at the Freedom Institute.
Esposito and DeLong-Bas distinguish four attitudes toward Islam and democracy prominent among Muslims today: [35] Advocacy of democratic ideas, often accompanied by a belief that they are compatible with Islam, which can play a public role within a democratic system, as exemplified by many protestors who took part in the Arab Spring uprisings;
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On the 'reminder' section, several Quranic verses and Hadith accounts are cited. Among them, Al Imran verse 19 and 85 are cited to assure the existence of only one valid interpretation of Islam. Al-An'am verse 116 is cited to warn against the majority of people who believe in liberal interpretations of Islam.
Jaringan Islam Liberal (JIL) or the Liberal Islam Network is a loose forum for discussing and disseminating the concept of Islamic liberalism in Indonesia. [1] One reason for its establishment is to counter the growing influence and activism of militant and Islamic extremism in Indonesia.