Majapahit Journal of Islamic Finance and Management
Vol. 4 No. 1 (2024): Islamic Finance and Management

Sustainability Islamic Business: Risk Management Review

Amriyah, Yassirly (Unknown)
Ismawati, Fadila Nur (Unknown)
Pranata, Dedy (Unknown)
Bhakti, Rezsa Lingga (Unknown)
Asiyah, Binti Nur (Unknown)
Hidayat, Muhammad Syahrul (Unknown)



Article Info

Publish Date
30 Jun 2024

Abstract

Islamic business has the phenomenon of being easy to grow and easy to leave. This study aims to analyze the sustainability of Sharia business from the perspective of risk management. This research uses a qualitative approach with a type of literature study employing the PRISMA Method (Preferred Reporting Items for Systematic Reviews and Meta-Analyses). Data was collected from various literature, both from books and related journals. This study introduces the Islamic view on risk management, the urgency of risk management for Sharia businesses, and the implementation of Islamic principles that emphasize the blessings and pleasure of Allah SWT in its operations. The main findings of this study indicate that the application of risk management following Sharia principles can enhance the sustainability of Sharia businesses. The practical implications of this study guide for Sharia business practitioners to consistently manage risks, thereby achieving business sustainability. As a result, businesses can endure and provide benefits for economic circulation in the community.

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Journal Info

Abbrev

majapahit

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Majapahit Journal of Islamic Finance and Management (MJIFM) is a journal published by Sharia Economics Study Program Institut Pesantren KH. Abdul Chalim Mojokerto, Indonesia twice a year (June and December). As the name implies, the journal brings two major themes, namely Islamic Finance and ...