Author:
Puspitasari Reni Dwi,Nur Iffatin,Ilmas Divia Nur Alan Nur
Abstract
This study aimed to shed light on the urgency of nurturing business resilience and creative economy in developing the micro, small, and medium enterprises (MSMEs) through an Islamic economics approach post the Corona Virus Disease 2019 (commonly known as COVID-19) pandemic. It is driven by the downturn of MSMEs during the COVID-19 pandemic. MSMEs themselves are the foundation of community’s economic stability. Thus, the effect of MSMEs’ downturn is heartily felt by the community. In the study of Islamic economics itself, a system of alleviating economic downturn is a necessity along with the system of justice and equity. Based on this problem, this literature-based study critically examines the position of Islamic economy in the implementation of business resilience and creative economy in restoring the dignity of MSMEs post COVID-19 pandemic viewed from maqāṣid sharī’ah (purposes of Islamic law) perspective. The findings show that strengthening MSMEs post COVID-19 pandemic fits both the creative economy and Islamic economic models and is in line with maqāṣid sharī’ah, especially with ḥifẓ al-nafs (preserving one’s soul) and ḥifẓ al-māl (preserving one’s wealth).
Publisher
European Open Science Publishing
Reference72 articles.
1. Al-Shatibi, A. I. (2003). Al-Muwāfaqāt fi Ushūl al-Syarī‘ah [Approvals in the principles of shariah]. Dār al-Kutub al-‘Ilmiyyah.
2. Ali, A. Y. (2006). The meaning of the Holy Qur’an. Amana Corporation.
3. Ali, A. J. (2011). Islamic ethics and marketing. In S. Ozlem & G. Rice (Eds.), Handbook of Islamic marketing. Edward Elgar Publishing.
4. Anggraini, M. (2023, January 9). Business resilience during the Covid-19 pandemic. https://feb.ugm.ac.id/en/news/3943-business-resilience-during-the-covid-19-pandemic.
5. Anshor, A. M., & Muttaqin, M. N. (2020). Kebijakan pemerintah Indonesia dalam pencegahan penyebaran corona virus disease 2019 (Covid-19) perspektif maqashid syari’ah [The policy of the government of Indonesia in preventing the spread of corona virus disease 2019 (Covid-19) in the maqashid shariah perspective]. Al-Istinbath: Jurnal Hukum Islam, 5(2), 159-176.