Accounting and Finance Studies
Vol. 4 No. 4 (2024): Issue: October

Carbon Incentive Distribution in Review of Economic Benefit in Islam and Lucas Critique

Aptasari, Fety Widianti (Unknown)
Falah, Muhammad Helmi (Unknown)



Article Info

Publish Date
30 Oct 2024

Abstract

Research Aims: This research aims to review the allocation of carbon incentive funds through the concept of justice in Islam and Lucas' critique, with a focus on the application of carbon incentives in Islamic economic concepts. Design/methodology/approach: This research uses a qualitative approach with a descriptive exploratory method and a humanisteocentric approach to criticise the application of carbon incentives in the concept of Islamic economics and the concept of Lucas criticism. Research Findings: The results show that carbon incentive policies in the context of Islamic economics should be designed to ensure that economic benefits are distributed fairly and in line with the principles of justice and social welfare. Revenues from carbon incentives should be used to support programmes that help reduce economic inequality, protect the environment and empower communities. Theoretical Contribution/Originality: This research contributes to the literature by highlighting the importance of carbon incentive policy design that not only contributes to climate change mitigation, but also strengthens social and economic justice in accordance with Islamic teachings.

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Journal Info

Abbrev

afs

Publisher

Subject

Economics, Econometrics & Finance

Description

Accounting and Finance Studies is an academic journal published by Profesional Muda Cendekia. Accounting and Finance Studies aims to publish articles in the field of accounting and finance, including but not limited to research results, scientific studies and field cases. It has a purpose to provide ...