Ishak, Muhammad Nur
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Harmonization of Islamic Economics With Artificial Intelligence: Towards an Ethical and Innovative Economic Paradigm Ishak, Muhammad Nur; Mohamed, Adjila
Al-Kharaj: Journal of Islamic Economic and Business Vol. 5 No. 4 (2023): All articles in this issue include authors from 3 countries of origin (Indonesi
Publisher : LP2M IAIN Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24256/kharaj.v5i4.4387

Abstract

The linkage between Islamic economics and artificial intelligence (AI) is the basis of research to explore the possibility of integration of these two entities in creating an ethical and innovative economic paradigm. This article explores the potential and challenges of achieving harmonization between Islamic economic principles underlying justice and sustainability with the sophistication of AI technology. The main focus of the research is on how artificial intelligence applications, such as machine learning and big data analysis, can be applied to improve operational efficiency and decision-making in accordance with Islamic values. The article also discusses the ethical implications of the use of artificial intelligence in the context of Islamic economics, highlighting the importance of maintaining a balance between technological innovation and Islamic moral principles. Economic empowerment, equitable distribution of wealth, and prudent risk management are key focuses in evaluating AI's contribution to the Islamic economic ecosystem. In an effort to achieve a harmonious economic paradigm, this article proposes a proactive approach to mitigate risks and ensure that the use of AI technology in the context of Islamic economics is in accordance with the ethical framework and Islamic values. The results of research on the harmonization of Islamic economics with artificial intelligence yield significant insights into the potential and impact of this integration on economic paradigms. One of the key findings is that this harmonization opens the door to innovative solutions to address a range of contemporary economic challenges.
Analysis Of Public Housing Savings Policy From The Perspective Of Islamic Economics: Social Welfare And Distribution Justice Ishak, Muhammad Nur
Al-Kharaj: Journal of Islamic Economic and Business Vol. 6 No. 2 (2024): All articles in this issue include authors from 3 countries of origin (Indonesi
Publisher : LP2M IAIN Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24256/kharaj.v6i2.5178

Abstract

This study aims to analyze the People's Housing Savings (Tapera) policy from the perspective of Islamic economics, with a focus on social welfare and distribution justice. Islamic economics puts forward the principles of social welfare and distributive justice, which emphasizes the fulfillment of basic needs, spiritual and moral well-being, and the fair and equitable distribution of wealth. In this context, this study evaluates how Tapera's policies can be integrated with Islamic economic principles to achieve these goals. The research method used is a qualitative method with a descriptive-analytical approach. The data was collected through literature studies, analysis of policy documents, and in-depth interviews with Islamic economics and housing experts. The analysis was conducted to identify the suitability of Tapera's policies with Islamic economic principles and assess their impact on social welfare and wealth distribution. The results of the study show that Tapera's policies are in line with several Islamic economic principles, such as zakat, alms, and qard al-hasan, which aim to reduce economic disparities and promote social welfare. Tapera has succeeded in providing better access to housing for low- and middle-income people, improving their quality of life. However, the study also found some challenges, including limitations in fair distribution mechanisms and the need for greater transparency and accountability in fund management. Tapera's policy has great potential to support social welfare and distribution justice in accordance with Islamic economic principles. However, further efforts are needed to optimize the implementation of this policy to be more effective and efficient. This research provides practical recommendations for policymakers to strengthen aspects that are in line with Islamic values and overcome existing obstacles, with the ultimate goal of creating a more just and prosperous society