Maqashid Shariah Research Articles

The Role of Women MSME Actors in Increasing Family Income from the Maqashid Shariah Perspective in the East Gegutu Neighborhood

The Role of Women MSME Actors in Increasing Family Income from the Maqashid Shariah Perspective in the East Gegutu Neighborhood

Towards Better Financial Governance: The Urgency of Model Risk Management in Indonesia Viewed Through Maqashid Shariah

This study assesses the adequacy of Model Risk Management (MRM) frameworks within Indonesian Islamic banking by utilizing Maqashid Shariah principles as a tool to align these frameworks more closely with global standards, specifically focusing on safeguarding life (Hifzh Al-Nafs) and property (Hifzh Al-Mal). Through a comparative literature review, this research examines the structure and effectiveness of MRM practices in Indonesia, referencing regulations such as POJK 65/2016 and SEOJK 25-SEOJK.03-2023, against those in developed financial markets such as the USA, UK, Europe, Japan, and UAE, with an emphasis on governance, lifecycle management, and internal audit processes. The findings suggest that Indonesia’s current MRM frameworks are somewhat rudimentary when contrasted with international norms. Key areas identified for enhancement include expanding the scope, enhancing governance structures, refining model lifecycle management, and strengthening internal audits and oversight mechanisms. By employing Maqashid Shariah principles as an analytical tool, this paper proposes enhancements to MRM frameworks that can significantly improve the stability and compliance of Islamic banks in Indonesia, promoting greater global competitiveness and adherence to Shariah principles. This approach not only integrates traditional MRM approaches with Islamic ethical standards but also provides a tailored framework for regulatory enhancements that support a stable, compliant, and ethical Islamic banking environment.

Identification of Maqashid Shariah’s Principles in Establishing a Wage

Identification of Maqashid Shariah’s Principles in Establishing a Wage

The Essence of Family Planning in Islam: Achieving Family Well-Being Through Maqashid Shariah

Ideally, family planning (FP) is considered important for maintaining family well-being. However, in reality, there are still many negative views in society that oppose the practice of FP, even causing problems in its implementation. This article falls under library research with a qualitative approach. The methodology used is descriptive analysis, specifically explaining the meaning and essence of FP in the context of family well-being through the analysis of Maqasid Shariah theory. The results of the study indicate that FP plays a significant role in family well-being, especially for young couples who have recently married. Mental and financial preparation before educating and caring for children becomes a key factor in maintaining family stability. In the context of Maqasid Shariah, FP actively contributes to preserving health, lineage, wealth, life, and even religion.

Constitutional Rights of Citizen Journalism in Indonesia: From Maqashid Sharia Perspective

The conception of a democratic rule of law in Indonesia has implications for the social and law order as a protection for the citizens. The protections guarantee the rights and responsibilities of every person regulated or protected by a democratic state. Either of the rights protected by the constitutions of Indonesia is guaranteed in obtaining and conveying information. As a profession, it is a part of journalistic activities, both professional and citizen journalism, as a constitutionally inherent right. The problem encountered is protection for citizen journalism, which is not regulated as protection for journalists in the legal system of the press. This research employed a qualitative model with a normative juridical approach to conceptualise the laws with facts and phenomena of journalistic activities. The analysis aims to assert that every person has a constitutional right to obtain and convey information like a professional journalist. A law is responsible for citizen journalism based on the law system of the press and code of ethics, which places citizen journalism products as a part of the news on press channels or press companies as the objects of the media that publish information. The concept of the principles of citizen journalism is related by maqashid shariah in Islam, which includes al-ahkam al-khamsah, namely religious protection (hifz al-din), protection of the soul (hifz al-nafs), protection of offspring (hifz al-nasl), protection of ideas/thoughts (hifz al-'aql), and protection of property (hifz al-mal).

Performance Evaluation of Sharia Rural Banks: Maqashid Shariah Index Approach (Case Study: Sharia Rural Banks In West Java, Indonesia)

This study aims to measure the performance of Sharia Rural Banks in West Java using the maqashid sharia approach by Abdul Majid Najjar. The sample used in this study consists of 9 rural banks spread across West Java. The research data employed are secondary data in the form of financial reports for the year 2023 sourced from the Indonesia Financial Services Authority (OJK) website and governance reports for the year 2023 sourced from the official websites of each Sharia Rural Banks. The results of the study indicate that BPRS Al Salaam Amal Salman achieved the highest maqashid sharia score, followed by BPRS PNM Mentari and BPRS Almadinah Tasikmalaya Perseroda as the top three Sharia Rural Banks in West Java with the highest maqashid sharia index scores. Further analysis at the consequence level reveals that "Self" is the consequence with the highest average score compared to other consequences. Meanwhile, the consequence "Intellect" shows the lowest maqashid performance score. This study is expected to serve as a foundation for sharia banks to enhance the implementation of sharia values in their operational practices. Additionally, this study can contribute to a deeper understanding of the compliance of sharia financial institutions with the principles of maqashid sharia at the regional level.

Islamic Social Reporting; Investment Account Holder; Non-Performing Financing; Islamic Corporate Governance; and Maqashid Shariah Index

Islamic Social Reporting; Investment Account Holder; Non-Performing Financing; Islamic Corporate Governance; and Maqashid Shariah Index

The Concept of Structural Legal Aid in Combating Corruption from the Maqashid Shariah Perspective

Corruption poses a severe threat to societal well-being, as it undermines various sectors such as education, economy, and law. Consequently, combating corruption effectively is imperative. This study aims to analyze and elucidate efficient strategies for corruption eradication, specifically through the concept of structural legal aid with a maqasid sharia approach. Employing a juridical-normative research methodology, this research integrates statutory, case, and conceptual analyses. Primary legal resources including laws, books, and journals are utilized, supplemented by interviews with key stakeholders such as the Indonesian Legal Aid Foundation (YLBHI) and MUI Medan City, alongside observations at the People's Basic Rights Advocacy Center (SAHdaR). Findings indicate that the structural legal aid framework prioritizes community engagement in combating corruption. Furthermore, by incorporating the maqasid sharia approach, this framework is deemed effective, as it not only fosters community involvement but also enhances public awareness regarding the perils of corruption. Consequently, this approach serves to safeguard state finances, ensure equitable punishment for offenders, and uphold the fundamental rights of citizens, who are often the primary victims of corruption.

Financial Performance of Islamic Banking in Indonesia with The Maqashid Syariah Index Approach

Banking performance is measured using financial ratios. However, for Islamic banking, it is much more complex compared to conventional banking. It's not just about testing profitability levels; it's more about compliance with Islamic principles, namely Maqashid Shariah. This makes the products and performance evaluation of Islamic banking distinct from conventional banking. The purpose of this research is to assess the financial performance of Islamic Commercial Banks in Indonesia using the Maqashid Shariah Index approach for the period 2017-2019. This research is classified as descriptive quantitative research. The objects of the study are Bank Muamalat Indonesia (BMI), Bank Syariah Mandiri (BSM), Bank Tabungan Pensiun Nasional (BTPN Syariah), and Bank Aceh Syariah (BAS). The research method used the Maqashid Shariah Index analysis technique. The data used are secondary data in the form of annual reports from 2017-2019 obtained from the official websites of each bank. The research results indicate that the financial performance of Islamic Commercial Banks (BUS) using the Maqashid Shariah Index for the period 2017-2019 is as follows: Bank Syariah Mandiri (BSM) achieved the highest ranking with an index value of 0.273841 or 27.38%. The second rank is held by Bank Muamalat with an index value of 0.267941 or 26.79%. The third rank is obtained by Bank Aceh Syariah with an index value of 0.260473 or 26.047%, and BTPN Syariah has the lowest ranking with an index value of 0.1735705 or 17.35%.

EKSPLORASI TEORI DISRUPSI DIGITAL CLAYTON CHRISTENSEN DAN MAQASHID SYARIAH TERHADAP INOVASI PERBANKAN SYARIAH DI ERA DIGITAL

This research holistically explains the innovation of Islamic banking in the digital era, where, in the last decade, the digital revolution has changed the way financial institutions operate, triggering challenges and opportunities for Islamic banking. Through in-depth desk research with qualitative research based on analytical descriptive analysis to highlight the complex challenges and innovations faced by Islamic banking accompanied by Clayton Christensen's Digital Disruption theoretical framework and Maqashid Syariah concept. This research highlights the various challenges Islamic banking faces, ranging from integrating digital technology with Sharia principles to competition with conventional financial institutions, the information gap and the need for competent human resources. On the other hand, innovations in Islamic banking products in the digital era include using technologies such as mobile banking, blockchain, and AI to improve services and operational efficiency and expand access to finance through innovative financing and investment products. Analysis based on Clayton Christensen's Digital Disruption theory reveals how Islamic banking adopts technology to offer more efficient and personalised solutions to customers, while the Maqashid Shariah perspective shows how such innovations fulfil the objectives of Islamic law, such as safeguarding religion, soul, mind, offspring, and property, as well as protecting the environment. Overall, Islamic banking product innovation in the digital era illustrates the synergy between technology and Sharia principles to create a fair, inclusive, sustainable financial ecosystem. By continuously developing solutions that meet the needs of modern society while maintaining the integrity of Sharia values, Islamic banking is at the forefront of providing added value to customers and society while opening up new economic growth opportunities.

Urgensi Pemilihan Pemimpin Beretika dalam Perspektif Maqashid Syariah Menuju Tatanan Sosial dan Politik yang Sehat

This research explores the urgency of electing ethical leaders, where the challenges of globalisation and the complexity of contemporary problems make ethical leadership particularly relevant. Using the Maqashid Shariah theoretical framework, this study examines how ethical leaders can contribute to the benefit of the people through the protection of five critical aspects of life: religion, soul, mind, offspring, and property. Utilising desk research involving descriptive-analytical analysis of primary data sources such as books, journals, and relevant websites to comprehensively understand leadership ethics and its application in achieving sharia objectives. The results show that ethical leaders play a crucial role in building a healthy social and political order through fair and responsible policy-making, promoting justice and the common good, strengthening the foundations of democracy, and facing global challenges. In addition, ethical leaders are also crucial in promoting a culture of integrity and accountability, vital for crisis management and combating corruption. From a Maqashid Shariah perspective, the election of ethical leaders supports Islamic principles that favour the development of a just and prosperous society, confirming the relevance of electing ethical leaders not only in the broad political and social context but also within Islam's ethical and moral framework. This research invites stakeholders to adopt a leader selection paradigm that combines professional prowess with moral excellence, opening new insights into the importance of ethical criteria and integrity in leader selection for sustainable development.

Analysis of Decision of Surabaya State Court Number 916/Pdt.P/2022/PN. Sby on Interreligious Marriage Review of DUHAM Positive Law and Maqashid Shariah

Interfaith marriage is a new phenomenon that has surfaced in Indonesia with the circulation of court decisions that allow interfaith couples to marry, one of the most recent being the Surabaya court decision Number 916/Pdt.P/2022/PN.Sby. In his decision, he ordered the Department of Population and Civil Registry of the City of Surabaya to record interfaith marriages in the register. While the basis used by the plaintiff included, among others, Article 27 of the 1945 Constitution, Article 10 Paragraph 1 of Law Number 39 of 1999 concerning Human Rights, Jurisprudence. The main problem in this writing is the extent to which interfaith marriage arrangements are viewed from the United Nations Declaration of Human Rights (UDHR), Positive Law, and Islamic Law with the Maqasid Syari’ah approach. The writing method used is normative research with descriptive qualitative processing and analysis. The results of this study conclude that interfaith marriages are invalid by looking at the current conditions, referring to the Al-Qur’an Surah Al-Baqarah verse 221, Al-Mumtahanah verse 10, and Al-Maidah verse 5.
 Keywords: analysis, court decision, interfaith marriage

Islamic Waqf, Maqashid Shariah, and SDG-11

This study aims to determine the opinions and recommendations of experts regarding the waqf model integrated with sustainable development (SDGs) in goal 11, namely sustainable cities and communities. This research will explain the priority of the waqf model in achieving SDG 11 goals by considering Maqashid Shariah indicators. The data were analyzed using the Delphi method to find the main priorities and agreement of the experts. The results show that all variables have been agreed upon by experts. Furthermore, on the SDGs aspect, the environment element is the top priority with an average score of 8.07. In the maqashid shariah aspect, the element of preserving bi'ah (environment) is the top priority with an average score of 7.53. As for the waqf model aspect, the Waqf & Sukuk model is the top priority with an average score of 7.73. This research can be utilized as a reference in the implementation of waqf models that can support the realization of the eleventh goal of the SDGs by considering Maqashid Shariah with priorities according to the findings. This research is the first to comprehensively calculate the experts' assessment of waqf models for the achievement of SDG 11 using the Delphi method and its priority recommendations.

Islamic Business Ethics in Online Commerce: A Perspective from Maqashid Shariah by Imam Haramain

This research aims to understand the maslahah principle in the maqashid sharia concept, which is used as a basis for making laws for justice and prosperity, and how this principle is applied in Islamic economics and business. This research uses a qualitative approach with data analysis techniques such as field notes to conclude. This research tool measures events and collects data based on information from the parties involved (sellers and buyers). The data collected is based on observations of consumers and sellers' followers. The research results show that in online buying and selling transaction activities, it is essential to pay attention to the principles of justice in order to avoid things that can harm other parties and can be held accountable. In this case, the mu'amalah relationship that is the main thing in transactions in online buying and selling is the contract and "an taroodhin". According to Imam al-Juwainy, the implementation of maqashid sharia in online buying and selling transactions in the marketplace has been fulfilled. However, several other minor aspects still need to be fulfilled, such as protecting assets, both for the seller and the buyer.

Harmonization of the Concept of Maqashid Shariah and SDGs: A Review

This research aims to assess the progress of studies on "Maqasid Shariah SDGs" from 2018 to 2023 and identify research plans based on articles related to this topic. Qualitative methods with a bibliometric analysis approach were used in this research. Secondary data focused on the theme "Maqasid Shariah SDGs" was obtained from the Dimensions database, covering a total of 38 articles. Next, the data was processed and analyzed using the VosViewer application to form a bibliometric map regarding the development of "Maqasid Shariah SDGs" research in general. The research results show that there are 3 main clusters in the topic "Maqasid Shariah SDGs" based on keyword mapping analysis, which can be used as research direction, namely "Islamic finance, Maqasid shariah, and SDGs", "Waqf, Maqasid shariah, and SDGs", and "Problems and challenges in maqasid sharia and SDGs". For the future, it is necessary to develop a research agenda related to "Maqasid Shariah SDGs", for example in the context of the non-financial halal industrial sector such as halal tourism, halal food, halal pharmacies, and so on. This is interesting to research because it has not been covered in the lines of research that have been carried out.

Implementation of Maqashid Shariah Principles in the Beauty Salon Business

The beauty industry has become an important part of the modern lifestyle. However, beauty salons often face challenges in aligning their practices with sharia principles. This research discusses the salon concept based on sharia provisions, exploring the implementation of Islamic principles in beauty services. The provisions that beauty salons must have are the use of products that are halal certified. The aim of this research is to explain the level of implementation of maqashid sharia in salons. To find out how far salons consider sharia aspects in their business, this research uses a literature review and the Simple Additive Weighting (SAW) method as research methodology. The research results show that there are still many sharia-based salons but do not meet the maqashid sharia criteria.

ASSET-BACKED SECURITIES AS AN ALTERNATIVE TO MUSLIM INVESTMENTS IN THE MAQASHID ASY-SHARIAH FRAMEWORK

The advantages of asset-backed securities are many, namely that investors can invest in quality assets, there is low default due to the division of receivables into many debtors, it is suitable for investors with faster principal return needs, and the high-profit rating of asset-backed securities can increase the overall investment portfolio. This research examines the analysis of asset-backed securities (ABS) in the study of Maqashid Shariah. The method used in writing this research is library research, with data collection directed directly to the search for data and information through books, literature, or library materials, including written documents, photographs, pictures, and electronic documents. The results of this research indicate that ABS is a financial instrument in the form of a collective investment contract unit that contains a portfolio of financial assets. The practice of asset securitization in ABS transactions has several advantages and risks. ABS has participated in various state projects and is generally very useful. To unravel liquidity problems on the originator's side and at the same time present alternative instruments with low risk for investors, it can be seen that it has included Maqashid Ash-Shari'ah, namely Hifdz Al-Maal which is included in the Dharuriyyat category from the originator's side as a solution to asset liquidity and Hajiyyat from the investor's side.

The Relationship Between Career Women and Its Effects on Achieving Family Harmony with Maqashid Shariah Framework

This research explores the involvement of career women and its effects on achieving family unity using the Maqashid Shariah framework. The research approach in this article is normative and is analyzed qualitatively. The data analysis technique employed is deductive, used to determine the rights and responsibilities of husbands and wives in the gender concept, which is then further examined, developed, and described in more detail using the study of Maqashid Shariah. The findings are women pursuing careers have both positive and negative impacts. The negative impact includes reduced interaction with family members and potentially less affection for their children. On the positive side, career-oriented women can self-actualize, contribute their knowledge to society, build extensive networks and experiences, and help meet their family’s financial needs. Career women who effectively integrate their professional and family responsibilities can establish a harmonious balance between individual needs and familial obligations. Within the Maqashid Shariah framework, this research highlights the importance of ensuring that the role of career women aligns with Islamic values and principles, strengthening family unity, and promoting gender equality. The implications of this research underscore the need for policies and programs that promote gender equity, social support systems, and an awareness of Islamic values among career women. The findings serve as a valuable reference for policymakers and practitioners, aiding in developing strategies that support career women in attaining family unity per Islamic values and principles.

Ensuring Member Savings Protection During the Covid-19 Pandemic: A Case Study of KSPPS Istiqlal Pekalongan, Central Java, Indonesia

This study aims to determine the basis for protecting members' savings and the efforts made by KSPPS Istiqlal managers in protecting their members' savings during the COVID-19 pandemic. The method of approach used in this study is empirical-juridical, based on primary and secondary data. Interviews with KSPPS Istiqlal managers provided primary data, while secondary data came in the form of legal documents, both primary documents originating from statutory regulations and secondary legal materials obtained from the literature. According to the findings based on primary and secondary data, property protection is the foundation of legal protection for members of the KSPPS Istiqlal, which is one of the maqashid shariah and the Constitution of 1945. Efforts made by the KSPPS Istiqlal manager to protect members' savings during the COVID-19 pandemic included, among others, maintaining financial liquidity of at least 25%, not channeling all member savings funds in the form of financing, and rescheduling KSPPS Istiqlal members who receive financing and experience difficulties paying their financing installments.

RELIGIOUS AND CULTURAL DIALECTICS IN DETERMINING EARLY-AGE MARRIAGE (Case Study of the Increase in Early-age Marriage in Pinrang City from the Maqashid Shariah Perspective)

Marriages conducted in Pinrang Regency often do not pay attention to the rules of marriage that have been established, especially the issue of age. Such problems are difficult to avoid, especially in ordinary people, thus reducing the negative impact of early marriage. The role of the National Family Planning Agency through the Office of Population Control, Family Planning, Women's Empowerment, and Child Protection of Pinrang Regency is required. The objectives of this study are as follows: to identify the negative impacts caused by early marriage in Pinrang Regency, to analyze or determine the potential for underage marriage in Pinrang Regency, and to describe the role of the Pinrang Regency government in reducing underage marriage. This study is qualitative research. The approach used is socio-juridical. The research is descriptive qualitative. There are two types of data used, namely primary data and secondary data. The technique of data processing used observation, interviews, documentation, triangulation, and data validity tests using credibility, transferability, dependability, and confirmability. Furthermore, the data analysis technique used the data reduction technique (data reduction), display (data presentation), and conclusion drawing/verification (concluding). Based on the results of this study, it shows that: first, underage marriage has a negative impact, especially concerning health issues. Second, It was found that approximately 90% of underage marriages in Pinrang Regency were conducted by women, with requests for dispensation of marriage being submitted more by people who live in urban areas compared to rural areas. The negative impact presented in early marriage is more dominant than the positive impact. Based on the Maqasyid shari'ah theory, the practice and potential of early marriage in Pinrang City is contrary to Hifdzunnafs for both women and children based on the data that has been described.