The Role of Islamic Business Ethics in Strengthening the Green Economy: A Sharia Economics Perspective (A Literature Study)

Abstract

This study aims to conduct an in-depth analysis of the role of Islamic business ethics principles in strengthening the framework and practices of the green economy, viewed from a Sharia economics perspective. This research uses a qualitative approach with a literature study method. Data was collected from secondary sources such as scientific journals, books, international institution reports, and other trusted publications related to Islamic business ethics, Sharia economics, and the green economy. Data was analyzed thematically by identifying, grouping, and interpreting key themes emerging from the literature. The findings indicate that Islamic business ethics, grounded in Maqashid al-Shari'ah (the objectives of Islamic law), offers a comprehensive ethical framework to support the green economy. Principles such as tauhid (Oneness of God), khalifah (stewardship), justice ('adl), and the prohibitions of israf (wastefulness) and ifsad (corruption) align with the pillars of sustainability. Sharia economics, with instruments like zakat, waqf, and sukuk, can fund the transition towards a green economy. However, its implementation still faces challenges, such as a lack of awareness, weak policy integration, and the need for robust standardization. This study provides a holistic and integrated synthesis between Islamic business ethics concepts and the global green economy agenda, which has rarely been discussed comprehensively in previous literature. This research also specifically identifies operational mechanisms and implementation challenges.