Abstract
The Human Development Index (HDI) is an indicator to measure the success of development in terms of human resources. However, HDI only looks at the physical/material capabilities (Material Welfare/MW). Therefore, to measure the success of economic development by paying attention to the physical/material side and looking at the non-physical/spiritual side (Non-Material Welfare/NW), an Islamic approach is used, namely the Islamic Human Development Index (IHDI). This study compares HDI and IHDI and the determinants that influence them. The results showed that the HDI in Jambi Province was in the medium category and the IHDI in the low category. The national zakat index (ZZN), religiosity index has a positive effect on HDI, and the poverty depth index has a negative effect, while economic growth has no effect. Furthermore, IHDI in the Regency/City of Jambi Province is positively influenced by the NZI, religiosity index, and poverty index, while economic growth has no effect.
Highlights
Economic development began to become the attention of economists in the early 1950s
The results showed that the Human Development Index (HDI) in Jambi Province was in the medium category and the Islamic Human Development Index (IHDI) in the low category
The national zakat index (ZZN), religiosity index has a positive effect on HDI, and the poverty depth index has a negative effect, while economic growth has no effect
Summary
Economic development began to become the attention of economists in the early 1950s. The first phase is classical development economics This classical phase began when Adam Smith published The Wealth of Nation in 1776 [2]. In this classical period, the economy was believed to increase due to an automatic balance due to market mechanisms. The second phase started after the Second World War and when many Third World countries gained their independence. In this second phase, development economics focuses on analyzing problems related to developing countries. The government must be involved through government spending (G) to influence the economy
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