Abstract
This research focuses on the application of Maqasid al-Syariah to the principles of Islamic economics in Indonesia. It explores the extent to which these concepts are applied in Islamic economic practices in Indonesia. This study used a qualitative research method, using interviews with academics as a data collection method. The findings show that in Islamic banking, hifdzul al-maal is prioritized, because Islamic banking is very closely related to assets, by saving at Islamic banks, our assets are protected from usury, by saving at Islamic banks, our assets are protected from illegitimate transactions. This research ends by recommending further research to discuss more deeply the extent to which Islamic banking is used by Indonesian people, especially Muslims in Indonesia and what factors cause them to remain in conventional commercial banks.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
