مزايا الاستثمار الإسلامي وأثرها في التنمية المستدامة

THE ADVANTAGES OF ISLAMIC INVESTMENT AND ITS IMPACT ON SUSTAINABLE DEVELOPMENT

Authors

  • Abdeltawwab Moustafa Khaled Moawad Department of Usul al-Fiqh, Faculty of Sharia and Law, International Islamic University Sultan Abdul Halim Mu'adzam Shah (UniSHAMS), 09300, Kuala Ketil, Kedah, Malaysia

DOI:

https://doi.org/10.33102/mjsl.vol11no2.351

Keywords:

investment, industry, Islamic, discrimination, sustainable development, استثمار, إسلامي, التنمية المستدامة, تمييز

Abstract

In contemporary economic discourse, there exists a pivotal inquiry into the salient characteristics of the Islamic investment industry, which has manifested a noteworthy ascendancy on both Islamic and global fronts in recent years. This study scrutinizes the advantageous aspects of the Islamic investment industry in the present reality, delineating the contributing factors underpinning its proliferation. The findings underscore the divine origins of Islamic investment, grounded in the Qur'an and the Sunnah, operating within the realm of virtuous deeds and ethical conduct, eschewing prohibitions. Central to its ethos is a commitment to justice, participation, solidarity, cooperation, and the safeguarding of the rights of both the affluent and the indigent. Moreover, Islamic investment distinguishes itself from other man-made systems by intricately linking the economy to a set of moral values inherent in financial transactions, including unwavering commitment to truthfulness, honesty, loyalty, and the avoidance of fraudulent practices, monopolies, usury, and injustice. The study reveals that Islamic investment is adaptable and amenable to development, aligning with contemporary contracts that adhere to Sharia principles. Emphatically, it is instrumental in establishing socially responsible and productive projects that stimulate economic activity, generating incomes, augmenting real demand for goods and services, and bolstering savings rates. Consequently, this engenders a positive feedback loop, propelling investment rates and sustaining the cyclical momentum of the economy and production. Crucially, Islamic investment steadfastly avoids engagement in projects that could induce environmental pollution or harm to others, underscoring its commitment to sustainable and ethical practices. This comprehensive analysis contributes valuable insights to the burgeoning academic discourse on the dynamic and principled underpinnings of the Islamic investment industry.

 

ملخص البحث

يدور تساؤل بين علماء الاقتصاد اليوم حول معرفة أهم مميزات صناعة الاستثمار الإسلامي في واقعنا المعاصر والتي كان لها عظيم الأثر في ازديادها نموها على المستوي الإسلامي والعالمي على نحو مطرد في السنوات الأخيرة، فجاءت هذه الدراسة لبيان مميزات هذه الصناعة من خلال المنهج الوصفي التحليلي الذي يعتمد على دراسة ظاهرة مزايا صناعة الاستثمار الإسلامي ورصدها في الواقع المعاصرة مع بيان كافة الأسباب التي ساهمت في حدوث هذه الظاهرة ونموها. وخلصت الدراسة إلى عدة نتائج أهمها: أن الاستثمار الإسلامي رباني المصدر يعتمد على الكتاب والسنة، ويكون في مجال الطيبات، واجتناب المحرمات، ويقوم على إقرار مبدأ العدالة، والمشاركة، والتكافل والتعاون ومراعاة حقوق الأغنياء والفقراء، والاعتماد على عنصر الأخلاق والقيم في تمييز الاستثمار الإسلامي عن غيره من النظم الوضعية وذلك برط الاقتصاد بمجموعة من القيم الأخلاقية التي ترتبط بالمعاملات المالية مثل الالتزام بالصدق والأمانة والوفاء واجتناب الغش والتدليس والاحتكار والربا، والظلم ونحو ذلك. وأثبتت الدراسة أن الاستثمار الإسلامي قابل للتطور والموائمة مع جميع العقود المستجدة التي لا تتعارض مع مبادئ الشريعة كما يعمل على تأسيس مشروعات اجتماعية وإنتاجية تعمل على دوران عجلة الاقتصاد حيث تعمل هذه المشروعات على تتحقق الدخول وبالتالي ويزيد الطلب الحقيقي على السلع والخدمات وتزيد معدلات الادخار فمعدلات الاستثمار، وهكذا تدور عجلة الاقتصاد والإنتاج. وفي ذات الوقت يجتنب الاستثمار الإسلامي كل مشروع من شأنه يعمل على التلوث البيئي ويؤدي إلى الإضرار بالآخرين.

 

Downloads

Download data is not yet available.

References

Abdel Karim Bakkar. (1991). Madkhal ila al-tanmiat al-mutakamilat ru’yat Islamiyyat. Dimashq: Dar Al-qalam.

Abdel Tawwab Mustafa Khaled Moawad. (2021). The Islamic investment industry: Reality challenges and future solutions. International Journal of Economic Studies, 188-205.

Abdul Malik., & Yusef. Al-hamm al-masarif al-Islamiyyat wa ma laha min dawr ma’mul fi al-tanmiyyat. Saudi Arabia: Al-Maktabat Al-Shamilah.

Ahmed Al-Saghir Karaoui. (2003). Muhaddadat wa muwajahat al-istithmar min manzur Islami al-dawrat al-tadribiat hawl tamwil al-mashru’at al-saghirat wa al-mutawasitat wa tatwiriha fi al-iqtisadiaat al-magharibiat. Farhat Abbas University, Setif, Algeria.

Al-Jubeir, Ahmed bin Abdulrahman. (2011). Al-‘adl wa al-tawazun fi al-iaqtisad al-Islamiyy. Sahifat Aiqtisadiat. https://www.aleqt.com/2011/04/04/article.

Al-Taher, Bin Amara Nawal. (2020). Islamic investment funds and their role in activating Islamic financial markets: a case study of the Malaysian financial market during the period (2008-2018). Roa Iqtisadiat. 10(1), 303-314.

Al-Tayalisi, Abu Dawood Suleiman bin Dawood bin Al-Jarud. (1419H). Musnad of Abu Dawood al-Tayalisi. Egypt: Al-Naadar Hijr.

Al-Zuhaili, M. Wahba. (1433H). Al-fiqh al-Islamiyy wa adillatuh. Dimashq: Dar Al-Fikr.

Ashraf Muhammad Dawaba. (2007). Al-tanmiyyat al-bashariat min manzur Islamiyy waqie al-tanmiat al-bashariat fi al-iqtisadiaat al-buldan al-Islamiyyat. Kulliyat Al-‘ulum Al-Iqtisadiat Wa al-Ta’syir.

Attia Fayyad. (1990). Suq al-awraq al-maliah. Egypt: Al-Dar Al-Jami’ah.

El-Hawary. (1404H). Al-mawsu’at al’ilmiyyat wa al-amaliat li al-bunuk al-Islamiat. Egypt: Al-Itihad Al-Duwaliu Li al-Bunuk Al-Islamiyyat Al-Qahirat.

Eldeeb, I. M. I., Haris, A., & Muda, M. (2023). The Conceptual Framework of International Trade Between Organisation of Islamic Cooperation (OIC) Countries. Law, Policy, and Social Science, 2(1), 13–30. https://doi.org/10.55265/lpssjournal.v2i1.25 DOI: https://doi.org/10.55265/lpssjournal.v2i1.25

Hassan Ibrahim Al-Hindawi. (2016). Al-ta’lim wa ishkaliat al-tanmiati. Cairo: Al-Maktabat Al-Islamiyyaat.

Ibn Hanbal, Ahmad. (1421H). Musnad of Imam Ahmad bin Hanbal. Beirut: Muasasat Al-Risalah.

Ibn Kathir Ismail bin Omar. (1419H). Tafsir Ibn Kathir. Beirut: Dar Al-Kutub Al-Ilmiyyat, Manshurat Muhamad Eali Bydun.

Ibn Majah Abu Abdullah Muhammad bin Yazid al-Qazwini. (1431H). Sunan Ibn Majah. Cairo: Dar Ihya' Al-Kutub Al-‘Arabiat.

Ibn Manzur. (1965). The lisan of the Arabs. Lubnan: Dar Sadir.

Ibn Qayyim Al-Jawziyah. (1991). I’lam al-mawaqi’in ‘an rabi al-alamin. Beirut: Dar Al-Kutub Al-Ilmiah.

Ibn Qudamah. (2000). Al-mughniy. Dar Ihya' Al-Turath.

Ibrahim Al-Assal. (1996). Al-tanmiat fi al-Islam mafahim manahij tatbiqat. Beirut: Al-Muasasat Al-Jami’iat li al-Nashr wa al-Tawzie.

Islamifn. (2003). Islamic investment. Islamifn.com http://www.islamifn.com/basic/investment1.htm.

Khalil, Ahmed bin Muhammad. (1435H). Al-istithmar ahdafuhu wa mazayah. Al-Alukah.net. http://www.alukah.net.

Mahmoud Hassan Sawan. (2001). Asasiyyat al-amal al-masrifi al-Islamiy. Jordan: Dar Wayil li al-Nashr Imaan.

Majma’ Al-Fiqh Al-Islamiyy Al-Duwaliyy. (2006). Qarar majma’ al-fiqh al-Islamiyy. http://www.iifa-aifi.org.

Mohamed El-Beltagy. (2012). Namuzaj liqias makhatir al-masarif al-Islamiat bi gharad al-hadi minha. Multaqaa Al-Khartum li al-muntajat al-Islamiat al-maliat al-nuskhat al-Arabieat. Khartoum.

Mohamed Mahmoud. (2021). Islamic finance accelerated growth despite challenges. Islam Online.com https://islamonline.net/author/imam/.

Mohamed Sayed Tantawi. (1977). Al-tafsir al-wasit. Cairo: Dar Nahdat Misr li Al-Tiba’at wa Al-Nashr wa al-Tawzi’.

Mohammed Abdullah Ibrahim Al-Shaibani. (2002). Bunuk tijariat bidun fawayid. Saudi Arabia: Dar Al-Kutub Al-Ilmiyyat.

Mohammed bin Omar Al-Razi. (n.d.). Mafatih al-ghayb. Beirut: Dar Ihya' Al-Turath Al-Arabiyy.

Muhamad Jarir Altabrii 'Abu Jaefara. (n.d.) Dar al-tarbiat wa al-turath. Mecca.

Muhammad Shawqi Al-Fangari. (2007). Dhatiat Alsiyasat Alaiqtisadiat Al'iislamiat, Aleadadi (152) Altabeat Althaaniat: Dimn Silsilat Qadaya 'Iislamiat Alsaadirat Ean Wizarat Al'awqaf Almisriat. Almajlis Al'aelaa Lilshuyuwn Al'iislamiat.

Qutb Sano. (2000). Al-istithmar ahkamuh wa dawabituh fi al-fiqh al-Islamiyy. Aman, Jordan: Dar Al-Nafais.

Richard W. Rune. (2008). 'Azmat al-rahn al-iqari. Al-Rai Media. https://www.alraimedia.com.

Samir Ramadan. (2013). Tahadiyat al-masarif al-Islamiyyat. Ahram Online. http://ahram.org.eg.

Sheikh Ahmed Mustafa Al-Zarqa. (1998). Al-madkhal al-fiqh al-‘am. Damascus: Dar Al-Qalam.

Souad Abdullah Al-Awad. (2003). Al-biyat wa al-tanmiat al-mustadamat. Kuwait: Al-Jam’iat Al-Kuwaytiyyat Li Himayat Al-Biyat.

Suleiman Nasser. (2002). Tatwir siagh al-tamwil qasir al-ajal li al-bunuk al-Islamiyyat ma’a dirasat tatbiqiyyat hawl majmu’at min al-bunuk al-Islamiat. Algeria: Jami’at Al-Turath.

Youssef Al-Qaradawi. (2001). Dawr al-qiam wa al-akhlaq fi al-iqtisad al-Islamiyy. Maktabat Wahbat.

Published

2023-12-01

How to Cite

Moawad, A. M. K. (2023). مزايا الاستثمار الإسلامي وأثرها في التنمية المستدامة: THE ADVANTAGES OF ISLAMIC INVESTMENT AND ITS IMPACT ON SUSTAINABLE DEVELOPMENT. Malaysian Journal of Syariah and Law, 11(2), 381–395. https://doi.org/10.33102/mjsl.vol11no2.351

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.