Local wisdom in economic practice: An empowerment Fiqh analysis of the tesang tradition of the Buginese and Makassarese

Abstract

This article explores the role of tesang, a local practice, as an approach to economic empowerment amongst the Buginese and Makassarese of South Sulawesi. Tesang not only promotes the division of profits between investors and laborers but also continued efforts to improve the local economy. This article’s analysis relies on data collected through observations and interviews as well as a review of the literature. This study emphasizes that tesang is not only an economic practice but also a co mmitment to maintaining Buginese and Makassarese society in a manner that reflects the teachings of Islam. This local wisdom-based approach to empowerment may be used to realize collective empowerment and success. As such, even though it does not follow any formal structure, tesang has a real and tangible effect on society. This study recommends that future research take an in-depth approach that recognizes tesang not only as a means of empowerment but also as a foundation for strong linkages through which society’s increasingly complex demands can be fulfilled.