More Gain, More Pain: The Development of Indonesia's Islamic Economy Movement (1980s-2012)

This essay offers a comprehensive picture of the development of the Islamic economy movement in Indonesia from its early stages (in the 1980s) until the present. The paper traces the development of the movement chronologically and elaborates the social and political dynamics that influenced this development through its various stages. It argues that Indonesia's Islamic economy movement had undergone significant changes, both in rhetoric and structure, as a result of interactions between different advocates representing the state and civil society, as well as business entrepreneurs.