Consumerism is perceived as an essential component of the Islamic economic system that brings
together the elements of material and maknawi. It also considers the maslahat of individuals and groups.
The Islamic jurists have created the theory of consumer product consisting of three elements: 1 – the
contracting element or aqad, 2 - moral element, and 3 – the sharia element. The members of Islamic
jurisprudence are also linking consumerism with Islamic economic theory. Thus, they make consumerism
as a basic component of the Islamic economic system as mentioned earlier. With this, the jurists apply
conditions or dawabit and methodology that enjoins together the sharia principles and changes of ijtihad.