Integration of Maqashid al-Shariah in Sustainable Development: A Contemporary Islamic Economic and Financial Perspective

Abstrak

Sustainable development faces increasingly complex issues, ranging from economic inequality, poverty, environmental degradation, climate change, and even injustice in the distribution of resources. A development paradigm solely focused on economic growth is no longer adequate to address these issues. In this context, the maqāṣid al-sharī'ah offers a normative framework that places human welfare, justice, protection of life, and sustainability of resources as primary goals. This study aims to analyze the integration of maqāṣid al-sharī'ah in sustainable development through a contemporary Islamic economic and financial perspective. This study uses a library research method with a conceptual and normative approach. The research sources include classical literature on the maqāṣid al-sharī'ah, contemporary research on Islamic economics, sustainable Islamic finance, and documents on the Sustainable Development Goals (SDGs). The research results show that maqāṣid al-sharī'ah has substantive relevance to the sustainable development agenda, particularly through the protection of religion, life, intellect, descendants, and property. This integration can be implemented through the optimization of zakat, waqf, sukuk, Islamic banking, Islamic microfinance, green sukuk, and social impact-based investments. However, this integration is not sufficient to stop at fulfilling sharia compliance. A shift towards maqāṣid-based sustainability is needed which measures the economic, social, and environmental impacts of Islamic financial activities. This study offers an integrative framework that places maqāṣid al-sharī'ah has an ethical basis, Islamic financial instruments as intervention mechanisms, and sustainable development as an impact orientation.