A Comparative Study of Green Economy Models and Sharia Economic Concepts: A Sustainable Policy Framework in Indonesia

Ferdi Prayoga; Eli Febriani; Baginda Parsaulian

doi:10.30983/iciefs.v3i1.897

Authors

Ferdi Prayoga Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi
Eli Febriani Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi
Baginda Parsaulian Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi

DOI:

https://doi.org/10.30983/iciefs.v3i1.897

Keywords:

Green Economy, Sharia Economy, Sustainable Development Policy

Abstract

The decline in environmental quality due to the exploitation of natural resources, population growth, and the unwise use of technology demands an alternative, sustainable economic system. The green economy presents itself as a new paradigm that emphasizes efficient resource use, low carbon, and social inclusiveness. On the other hand, Islamic economics is based on the principles of maqashid sharia, which emphasize justice, balance, and the welfare of humanity and the environment. This study uses a library research method with a qualitative approach through analysis of relevant literature, articles, and journals. The results show that the concepts of a green economy and Islamic economics have common ground in supporting sustainable development in Indonesia. Integrating the two has the potential to strengthen the achievement of the Sustainable Development Goals (SDGs) through the use of zakat, waqf, green banking, and the implementation of environmentally friendly practices in various sectors, including renewable energy, waste management, and sustainable agriculture. Furthermore, the eco-mosque movement is a concrete example of the implementation of this integration. Thus, the green economy and Islamic economics can be complementary strategic approaches to realizing equitable, inclusive, and environmentally friendly economic growth.

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