The Concept of Sharia Business Management from the Perspective of Maqashid al-Shariah

Abstract

This study aims to analyze the concept of Sharia business management from the perspective of Maqashid al-Shariah and to examine how maqashid values and objectives can be translated into management principles, functions, business orientations, and performance measurement. This study employs a library research method using descriptive-analytical and interpretive approaches. The research data were obtained from relevant scholarly literature, including journal articles, academic books, conference proceedings, and classical and contemporary works addressing Maqashid al-Shariah, Sharia business management, Islamic economics, Islamic business ethics, governance, business performance, and sustainability. The findings indicate that Sharia business management is not solely oriented toward profit generation but also toward the realization of maslahah through the integration of tawhid, justice, trustworthiness (amanah), ihsan, responsibility, and Sharia compliance. The five principal dimensions of Maqashid al-Shariah, namely hifz al-din, hifz al-nafs, hifz al-'aql, hifz al-nasl, and hifz al-mal, have direct relevance to the functions of planning, organizing, directing, controlling, and evaluating business performance. The study concludes that Maqashid al-Shariah can serve as a strategic paradigm that integrates economic, moral, social, and spiritual objectives. Accordingly, business performance should not be assessed solely through profitability but also through Sharia compliance, human welfare, justice, social impact, and sustainability.