Faisal, Faisal Muchlis
Unknown Affiliation

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

AN ANALYSIS OF THE ROLE OF INTERNATIONAL FINANCIAL MARKETS IN GLOBAL ECONOMIC STABILITY: AN ISLAMIC ECONOMICS PERSPECTIVE Lailin, Lailin Quthrin Nada; Fandi, Fandi Febriansyah; Faisal, Faisal Muchlis; Rokhmat, Rokhmat Subagyo; Aswad, Muhammad Aswad
Jurnal Riset Bisnis Vol. 9 No. 2 (2026): April
Publisher : Fakultas Ekonomi dan Bisnis Universitas Pancasila Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35814/yvb6r893

Abstract

International financial markets play a strategic role in driving global economic growth, but also carry the risk of volatility and instability. Through an Islamic economic approach, this research analyzes how Islamic financial principles, such as the prohibition of usury, gharar, and maysir, can offer solutions to create stability and sustainability of global markets. This research uses a descriptive qualitative approach with a literature study method with data from leading journals relevant to the research theme, all data is analyzed using content analysis. The case study of Green Sukuk Indonesia shows that the integration of sharia principles in international finance is able to attract global investors while supporting the achievement of sustainable development goals (SDGs). Although faced with challenges such as dual compliance and low levels of Islamic financial literacy, the growth opportunities of the Islamic sukuk market remain large, especially with the trend of Environmental, Social, and Governance (ESG) based investments and fintech innovations. This study concludes that Islamic economics can contribute significantly in reforming the global financial system towards a more fair, transparent, and sustainable direction.