<![CDATA[This article aims to explore the concept of asceticism in the perspective of modern Sufism and its application in economic life. The author is interested in this research because traditionally and in many circles, asceticism is understood as the practice of abandoning worldly pleasures to get closer to Allah, but the interpretation has developed in a more dynamic modern context. Therefore, the author wants to show that the teachings of asceticism do not require leaving the world or living in poverty. This research uses a qualitative method with a descriptive-analytic approach, which includes literature reflections on Al-Qur'an verses related to zuhud and the interpretations of contemporary Sufi scholars. These findings indicate that asceticism in modern Sufism is no longer viewed as an extreme ascetic practice, but rather as a balanced view that emphasizes spirituality and materiality. In an economic context, asceticism is translated as a work ethic that prioritizes honesty, justice and the use of assets for the common good. In this way, the concept of asceticism can contribute to the creation of a more just and sustainable economic system. This research aims to provide new insights for economic practitioners and Sufi enthusiasts in applying spiritual principles in everyday life. Apart from that, this research presents several modern Sufi figures who developed the concept of asceticism without promoting a life of poverty. These figures are an example of zuhud in economic activity and the business world. ]]>
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