Contribution of Islamic Economy in Achieving Sustainable Development Goals: Evidence from Indonesia
Abstract
The Islamic economic system is a system arrangement that aims to realize the achievement of the main maqashid sharia, namely maslahat. Efforts to realize benefits for the community are carried out by fulfilling basic needs and various programs to improve community welfare. This is in line with the goals stated in the SDGs. From this, it is necessary to know the contribution of the Islamic economic system in realizing sustainable development. This article aims to analyze the contribution of Islamic economics with various instruments to the achievement of the SDGs. The study uses a qualitative approach with a literature study approach, with reference to various literature. This study found a close correlation and relevance between maqashid sharia as the goal of Islamic economics and the goals stated in the SDGs. In addition, it is concluded that the character of the balance between commercial and social aspects in the Islamic economy has significance in sustainable development, which is manifested as a real contribution to the realization of the SDGs through the Islamic finance and banking sector, as well as the Islamic social finance sector. It is recommended for the Government to optimize the management of various sharia economic instruments in order to accelerate the achievement of the SDGs.