ICoSI 2019 Conference

Measuring Development on the Muslim Society using the Maqasid al-Shariah Approach
Mochammad Arif Budiman (a*), Ruzita Mohd Amin (b), Selamah Abdullah Yusof (c)

a) Department of Accounting for Islamic Financial Institutions, Politeknik Negeri Banjarmasin,
Jl. Brigjend. H. Hasan Basri, Banjarmasin 70123, Indonesia
*m.arif.budiman[at]poliban.ac.id

b) Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia,
PO. Box 10, 50728, Kuala Lumpur, Malaysia


Abstract

Development from the Islamic perspective combines both the material-physical dimension and spiritual-ethical dimension in a comprehensive approach. This holistic approach of development that strives for the enhancement of human welfare is best discussed within the framework of Maqasid al-Shari-ah. Therefore, the level of development can be more comprehensively measured using the Maqasid al-Shari-ah approach. The objective of this study is to assess the level of development of Muslim society in South Kalimantan province, Indonesia. This study uses primary data collection by means of a survey. The data is analyzed using principal component analysis and confirmatory factor analysis. Subsequently, structural equation modeling is employed for testing the hypotheses. The findings of this study show that the Muslim society in this province has a high level of development as measured by the Maqasid al-Shari-ah approach. This study proposes some recommendations for policymakers to further enhance the level of development of the society in all areas of life.

Keywords: development, Islamic perspective, Maqasid al-Shari-ah, Muslim society

Topic: International Conference of Islamic Economic and Financial Inclusion

Link: https://ifory.id/abstract-plain/qHKp76zfDdbT

Web Format | Corresponding Author (Mochammad Arif Budiman)