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Journal > AL-IQTISHAD > Construction Of CIBEST Model as Measurement of Poverty and Welfare Indices From Islamic Perspective

 

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AL-IQTISHAD
Vol 7, No 1: January 2015
Construction Of CIBEST Model as Measurement of Poverty and Welfare Indices From Islamic Perspective
Beik, Irfan Syauqi ( Center of Islamic Business and Economic Studies, Bogor Agricultural University)
Arsyianti, Laily Dwi ( Center of Islamic Business and Economic Studies, Bogor Agricultural University)
Article Info   ABSTRACT
Published date:
30 Mar 2015
 
One of the major challenges faced by most of the Islamic countries is poverty. This paper attempts to construct the concept of poverty and welfare standards based on Islamic perspective.The study tries to cover both material and spiritual dimensions. These standards are based on CIBEST Quadrant, which is divided into four quadrants: welfare quadrant (I), material poverty quadrant (II), spiritual poverty quadrant (III) and absolute poverty quadrant (IV). Determination of these quadrants is resulted from criteria and indicators of basic material needs and basic spiritual needs. By using household as unit of analysis, this study is able to developCIBEST Model comprising welfare index,  material  poverty  index,  spiritual  poverty  index,  and  absolute  poverty index. Mathematical formula and illustration of the indices are also elaborated to strengthen the concept.DOI:10.15408/aiq.v7i1.1361
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