INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE)
Vol. 2 No. 12 (2025): SEPTEMBER

THE DEVELOPMENT OF SHARIA ECONOMIC LAW THROUGH THE PROCESS OF IJTIHAD: A LITERATURE STUDY ON THE INFLUENCE OF NATIONAL REGULATIONS AND SHARIA PRINCIPLES IN ECONOMIC ACTIVITIES IN INDONESIA

Gunawan Widjaja (Senior Lecturer Faculty of Law Universitas 17 Agustus 1945 Jakarta)
Siti Nur Azizah (Professor Faculty of Law Universitas 17 Agustus 1945 Jakarta)



Article Info

Publish Date
01 Sep 2025

Abstract

This study examines the development of Islamic economic law in Indonesia through the process of ijtihad, with a focus on the influence of national regulations and Sharia principles in economic activities. Using a literature review method, this study examines various sources, including national regulations, fatwas from the National Sharia Council of the Indonesian Ulema Council, and rulings from Religious Courts related to Islamic economic law. The findings reveal that national regulations serve as the legal foundation providing certainty and protection for sharia economic actors, while the ijtihad process acts as a dynamic instrument enabling the adaptation of sharia law to economic developments and innovations in sharia financial products. The synergy between regulations and ijtihad forms a responsive, inclusive, and sustainable legal framework for sharia economics, thereby supporting Indonesia's position as a global centre for sharia economics.

Copyrights © 2025






Journal Info

Abbrev

INJOLE

Publisher

Subject

Description

INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, ...