Islamic Economics for Sustainable Development

Abstract

This study explores the convergence of Islamic economics and sustainable development, with the objective of clarifying the correlation between Islamic economic principles and the achievement of sustainable development objectives. The study examines the impact of Islamic economic principles, including equality, social justice, and ethical conduct, on sustainable development results, using a thorough examination of existing literature and empirical research. The findings provide valuable theoretical insights and practical implications for policymakers, practitioners, and scholars who are interested in utilizing Islamic economics to achieve sustainable development. Methodological thoughts emphasize the significance of interdisciplinary collaboration and rigorous research procedures in furthering knowledge and practice in this subject. This research provides unique insights into the potential of Islamic economics in achieving inclusive economic growth, social equality, and environmental sustainability by combining theoretical frameworks, empirical evidence, and methodological concerns. The primary objective of this study is to provide information that can be used to make policies based on facts and to encourage discussion among all involved in order to fully realize the transformative power of Islamic economics in accomplishing sustainable development goals. Research Highlights: This research explores the intersection of Islamic economics and sustainable development, aiming to elucidate the relationship between Islamic economic principles and the attainment of sustainable development goals. Through a comprehensive review of existing literature and empirical analysis, the study investigates how Islamic economic principles, such as equity, social justice, and ethical conduct, contribute to sustainable development outcomes. The findings reveal both theoretical insights and practical implications for policymakers, practitioners, and scholars interested in leveraging Islamic economics for sustainable development. Methodological reflections underscore the importance of interdisciplinary collaboration and rigorous research methodologies in advancing knowledge and practice in this field. By synthesizing theoretical frameworks, empirical evidence, and methodological considerations, this research offers valuable insights into the potential of Islamic economics as a tool for promoting inclusive economic growth, social equity, and environmental sustainability.