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All Journal Proceedings of International Conference on Islamic Economic Finance and Social Finance
Budi Juliandi, Budi Juliandi
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Economics, Econometrics & Finance

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Participatory And Social Financing: Islamic Moral Economy’s Perspective Fuadi, Khairul; Budi Juliandi, Budi Juliandi; Rusydi, Muhammad
Proceedings of International Conference on Islamic Economic Finance and Social Finance (ISSN: XXXX-XXXX) (ESSN: XXXX-XXXX) Vol. 3 (2022): Proceedings of ICONIC SOF: Proceedings of International Conference on Islamic Economi
Publisher : Fakultas Ekonomi dan Bisnis Islam

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62086/10.62086

Abstract

This research explores the intersection of participatory and social financing within the framework of Islamic Moral Economy (IME). The study delves into the nature of participatory and collaborative Islamic finance instruments and their alignment with the principles of IME. It also investigates the concept of Islamic social finance and its relationship with the idea of welfare in the context of IME. The paper further examines contemporary approaches to institutional adaptation in Islamic finance, focusing on how these approaches integrate participatory and social financing principles. Qualitative methodology by employing a rigorous literature review and in-depth analysis is utilzed to gain insights into the practices and implementations of Islamic financial institutions in Indonesia. The findings shed light on the significance of transparency, fairness, and social responsibility in Islamic financial practices and their potential for promoting financial inclusion and socio-economic welfare in accordance with Islamic teachings. This study offers valuable perspectives for policymakers and practitioners seeking to develop ethical and community-centered financial models within the framework of Islamic Moral Economy.
Co-Authors Fuadi, Khairul Muhammad Rusydi