0 DEVELOPMENT INVESTMENTS ON RASULULLAH (1)

One of the special purpose economy in the early development of Islam is penginvestasian community-owned savings. This is manifested in two ways, namely to develop investment opportunities appropriate legal and sharia and prevent leakage or the use of savings for goals that are not Islamic. Development investment can be through cooperation, qardul hasan, infaq and endowments.

According to Sadr (1989) development of investment opportunities that are legal and conducted according to Islamic investment by adopting conventional system which then adjusted so that the surplus (savings holders) and entrepreneurs can work together with the ex-ante share agreement that generates added value. Because the main activity is the service economy, agricultural, trade and crafts, the appropriate legal form for all these activities is mudarabah, muzara'ah, musyakat and Musharaka. Community-owned savings allocated to the trade and crafts, while the physical assets such as land, machinery, etc.. Used for agricultural. The instigation and guidance of the Messenger of immigrants and Al-Ansar is ready to cooperate with the division of ownership 50% -50%. Given the immigrants are "less" in terms of capital and skills pertaining to agricultural and trade, the ownership of which they received does not match the value that they contribute pastisipasi. Through this partnership contract, the Ansar teach the required skills, so that productivity increases. For owners of capital, this form of cooperation is very beneficial because they can be involved directly in the investment process. Experiences, information, and methods of supervision and management that they have can be applied directly. In this partnership, the business risk borne by both parties. Experience and information obtained by participants and informed the public for their interest in such cooperation. Gradually, perfect information and knowledge society will be able to reduce the risk of investors in business. In addition to earned income, information and administrative methods of trade / economy they get the main attraction for people to make investments.

In the early Islamic period, the government in various ways to provide investment-oriented facilities for the community. First, provide various facilities for producers to produce. Second, provide tax advantages, especially for new production units. This method does not harm the Islamic tax incentives for economic activity tax withdrawals made in proportion to the benefits; rents and quasi-rent earned from business activities that do not reduce the incentives and the efficiency of producers. Third, improve production efficiency and private sector participation in the investment community. This is done by introducing production techniques and new skills to the Muslims. Keterampilam ditrasfer new science of Persia and Rome which was later adopted by Muslim societies. In this case the introduction of technology financing beyond the financial capacity of private sector public funds are used. Weapons production technology and medical science adopted from Persia by the Prophet himself with funds from the cash masyarakat.Investasi infrastructure in improving the capacity and efficiency of production developed under the leadership of Umar. In the same time, accounting and administrative methods of Persia, irrigation techniques, and architecture of Rome was introduced to the public. During his leadership of the Caliph Ali, mint techniques, as well as kesustraan and science of human well-developed. This is a good omen for the public sector efforts to overcome obstacles in carrying out the production process and increase production efficiency in the form of action that not only improve efficiency but also encourages people to invest capital owned (Sadr, 1989).