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The Influence of the Implementation of the Maqashid Syariah Principles in Family Economic Management

Year: 2024
Type: article
Abstract: This research explores the influence of the implementation of Maqashid Syariah principles on family economic management within Muslim households. Maqashid Syariah, which encompasses the preservation of religion, life, intellect, lineage, and wealth, provides a comprehensive ethical framework for managing financial activities. Using a qualitative descriptive approach supported by empirical data, the study examines how Islamic values shape economic behaviors such as prioritizing needs over wants, ethical investment, debt avoidance, saving, and charitable giving. The findings indicate a strong positive correlation between the application of these principles and improved financial stability, discipline, and harmony in the household. Additionally, the research identifies challenges including limited financial literacy, structural barriers in accessing Shariah-compliant financial tools, and socio-economic constraints. Based on these insights, the study recommends integrating Islamic financial education into family life and increasing institutional support to encourage the application of Maqashid Syariah in everyday financial decisions. This research contributes to the broader discourse on Islamic economic ethics and offers practical implications for building resilient, value-driven Muslim families.
Language: English
Subfield: Accounting
Open Access status: hybrid
OpenAlex ID: W4411306195
FWCI: 2.038
Cites:
Cited by: 2
Related to: 10