The Relevance of Islamic Economics in Achieving Sustainable Development

Abstract

Sustainable development requires economic systems that integrate growth, equity, and environmental responsibility. This study examines the relevance of Islamic economics in supporting the Sustainable Development Goals. The research employs a quantitative explanatory design using a structured questionnaire distributed to 300 respondents from Indonesia and Malaysia. Data were collected through purposive sampling and analyzed using descriptive statistics, correlation, and multiple regression. The findings show that zakat and waqf significantly enhance social equity, ethical investment contributes strongly to environmental responsibility, and shariah-compliant finance supports economic inclusivity. These results confirm that Islamic economics provides both ethical foundations and practical mechanisms for sustainability. The study concludes that integrating Islamic economic principles can strengthen national development strategies. Future research should extend the model across broader regions and apply longitudinal methods to capture dynamic impacts over time