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All Journal Mauriduna: Journal of Islamic Studies Journal of Nusantara Economy
Adam Hafidz Al Fajar
Universitas Islam Negeri Sunan Kalijaga Yogyakarta, Indonesia
Religion Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Physics Social Sciences Other

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Embedding Maqasid Shariah in Modern Business Strategy: A Pathway to Ethical Sustainability Adam Hafidz Al Fajar; Ryan Reynolds
Journal of Nusantara Economy Vol. 3 No. 2 (2024): Journal Of Nusantara Economy
Publisher : PT. Islamic Research Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66325/nusantaraeconomy.v3i2.118

Abstract

This research aims to explore the application of Maqasid Shariah principles in modern business, which includes the protection of religion, life, intellect, progeny, and wealth, as an ethical framework to align economic goals with social responsibility. This research uses a qualitative method with a literature study approach, analysing related literature to gain in-depth insights. The research steps include data reduction, data presentation, and conclusion drawing. Data reduction was conducted by selecting relevant literature based on quality and relevance, while data presentation was carried out through matrices and diagrams to identify the relationship between Maqasid Shariah principles and modern business elements, such as ethical decision-making and sustainability. The results show that the implementation of Maqasid Shariah principles can increase consumer trust, promote business sustainability, and attract investors through an ethical approach. Businesses that integrate these values tend to be more inclusive and socially responsible. However, the research also found significant challenges, including limited understanding of Maqasid Shariah, commercial pressures, and regulatory barriers. Proposed solutions include education, cross-sector collaboration, and policy harmonisation. Academically, this study contributes to the growing discourse on Islamic business ethics by developing a conceptual linkage between Maqasid Shariah and contemporary sustainability paradigms, particularly Environmental, Social, and Governance (ESG) principles and stakeholder-oriented business models. It also extends the application of Maqasid Shariah beyond its traditional legal and theological domains into the field of modern business management, providing a comprehensive framework for integrating ethical, social, and economic objectives. With these findings, this research contributes to the advancement of both theory and practice in modern business by offering an ethically grounded and sustainability-oriented business framework.
Integrasi Konsep Maqasid Syariah dalam Pemberdayaan Masyarakat Melalui Pelestarian Ekosistem Pesisir di Desa Margasari Savira; Mansur Hidayat; Evi Fitri Aglina; Zamhariri; Adam Hafidz Al Fajar
Mauriduna : Journal of Islamic Studies Vol. 5 No. 1 (2024): Mauriduna : Journal of Islamic Studies, February 2024
Publisher : Institut Muslim Cendekia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37274/mauriduna.v6i1.459

Abstract

This study is motivated by the urgent need to preserve coastal ecosystems and improve the welfare of fishermen in Margasari Village. Sustainable coastal preservation and fisher empowerment have become critical issues in maintaining ecosystems and enhancing the quality of life for coastal communities. The aim of this research is to describe the process of coastal preservation and fisher empowerment in Margasari Village through the Maqasid Syariah approach, as well as to analyze the concept of Maqasid Syariah in this context. The research uses a qualitative approach with descriptive analysis, collecting data through interviews, observations, and document studies from relevant parties. The findings reveal that the application of Maqasid Syariah principles, such as protecting the environment, improving social welfare, and ensuring justice, forms the basis for the implementation of coastal preservation and fisher empowerment programs. The programs focus on the sustainability of coastal ecosystems as well as enhancing the skills and welfare of fishermen. Additionally, the Maqasid Syariah concept plays a role in the equitable management of natural resources, ensuring fair access for coastal communities, and prioritizing common interests. The conclusion of this study is that the Maqasid Syariah approach has successfully created a balance between fulfilling the economic needs of fishermen and ensuring sustainable environmental preservation.
Co-Authors Evi Fitri Aglina Mansur Hidayat Ryan Reynolds Savira Zamhariri