Qur’anic Perspectives on Economic Ethics: A Thematic Study of Four Key Verses for Building a Prosperous Ummah
DOI:
https://doi.org/10.15575/jipai.v5i2.46332Keywords:
Islamic investment, Qur'anic exegesis, social welfare, barakah, justice, sustainable developmentAbstract
This study conducts a thematic exegesis (tafsir maudhū‘ī) of Qur’anic verses related to investment, focusing on four key verses. Surah Al‑Baqarah (2): 261, An‑Nisā’ (4): 9, Luqmān (31): 34, and Al‑Hashr (59): 18. A library-based methodology is employed, integrating thematic interpretation, linguistic analysis, the contexts of revelation (asbāb al‑nuzūl), and inter-verse correlations (munāsabah). Findings reveal that Islamic investment is not solely about wealth accumulation; it emphasises ethical commitment, justice, and social welfare. This Qur’anic framework offers a foundation for Islamic economic models that harmonise financial efficiency with public welfare and balance worldly gains with accountability before the Hereafter. The study’s insights contribute to the development of Sharia-compliant economic policies and investment practices that promote prosperity and social justice.
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ʿAbd al-Bāqī, M. F. (n.d.). Al-Muʿjam al-Mufahras li-Alfāẓ al-Qur’ān al-Karīm (M. S. Al-Laḥḥām (ed.)). Dar El Marefah.
Al-Tabari, M. ibn jarir. (2021). Jami’ al Bayan an Tanwil Ay al Qur’an (A. M. al Sha’lan (ed.); 1st ed.). Maktabat al-Rushd.
Alwi, Z., Parmitasari, R. D. A., & Syariati, A. (2021). An assessment on Islamic banking ethics through some salient points in the prophetic tradition. Heliyon, 7(5), e07103. https://doi.org/https://doi.org/10.1016/j.heliyon.2021.e07103
Aravik, H., Harun, M., & Febrianti, R. (2023). The Urgency of Islamic Business Ethics In The Era of The Industrial Revolution 4.0. Islamic Banking : Jurnal Pemikiran Dan Pengembangan Perbankan Syariah, 8(2), 303–326. https://doi.org/10.36908/isbank.v8i2.706
Begam, M. R., Babu, M., & Sulphey, M. M. (2023). Development and Validation of an Islamic Investor’s Sentiment Scale for Stock Market Investment. Business Perspectives and Research, 12(1), 26–44. https://doi.org/10.1177/22785337221148888
Ghaffour, A. R. (2024). Keynote address – Third Fitch Ratings Islamic Finance Symposium 2024. https://www.bis.org/review/r240306d.htm?utm_source=chatgpt.com
Güney, N. (2024). Maqāsid al-Sharī‘a in Islamic Finance: A Critical Analysis of Modern Discourses. In Religions (Vol. 15, Issue 1). https://doi.org/10.3390/rel15010114
Halaby, M. (2022). Riba According to The Al-Quran View: Thematic Tafsir Study About Riba Verses. International Journal of Islamic Thought and Humanities, 1(1), 17–26. https://doi.org/10.54298/ijith.v1i1.12
Ibn Kathīr, I. (2000). Tafsīr al-Qur’ān al-‘Aẓīm (S.-R. Al-Mubarakfuri (ed.)). Dar-us-Salam.
Inayah, I. N. (2020). Prinsip-Prinsip Ekonomi Islam Dalam Investasi Syariah. Aksy Jurnal Ilmu Akuntansi Dan Bisnis Syariah, 2(2), 88–100. https://doi.org/10.15575/aksy.v2i2.9801
Iskandar, A., & Usman, A. H. (2025). Aligning Indonesia’s Economic Goals With SDGS: Strengthening Qur’anic Principles in Islamic Finance. Jurnal Ekonomi & Keuangan Islam, 80–99. https://doi.org/10.20885/jeki.vol11.iss1.art6
Latifah, E., Rifqi, M. A., & Antoni Julian. (2024). Islamic business ethics as a distribution solution in Indonesia. Alkasb: Journal of Islamic Economics, 3(2 SE-Articles), 197–215. https://doi.org/10.59005/alkasb.v3i2.501
Liestyowati. (2024). Islamic Ethics in Business and Finance: Implication for Corporate Governance and Responsibility Etika Islam dalam Bisnis dan Keuangan: Implikasinya terhadap Tata Kelola dan Tanggung Jawab Perusahaan. Accounting Studies and Tax Journal (COUNT), 1(3), 195–213. https://journal.ppipbr.com/index.php/count/index
Liizzah, I., Priyono, A. A., & Masitah, D. (2023). Islamic Views and Calls to Invest According to the Al-Qur’an Surah Al-Hashr Verse 18. Dirasah International Journal of Islamic Studies, 1(1 SE-Articles), 18–26. https://doi.org/10.59373/drs.v1i1.3
Mat Radzi, R. (2024). Socially Responsible Investment And Shariah-Compliant Investment: An Assessment Of Current Screening Norms . Al-Qanatir: International Journal of Islamic Studies, 33(5 SE-Articles), 287–301. https://al-qanatir.com/aq/article/view/817
Moawad, A. M. K. (2023). مزايا الاستثمار الإسلامي وأثرها في التنمية المستدامة. Malaysian Journal of Syariah and Law, 11(2), 381–395. https://doi.org/10.33102/mjsl.vol11no2.351
Muhammad Irza Irsyadillah. (2025). Business Ethics from the Qur’an Perspective. Rihlah Iqtishad: Jurnal Bisnis Dan Keuangan Islam, 2(1 SE-Articles), 36–43. https://doi.org/10.61166/rihlah.v2i1.14
Pardiansyah, E. (2017). Investasi Dalam Perspektif Ekonomi Islam: Pendekatan Teoritis Dan Empiris. Economica Jurnal Ekonomi Islam, 8(2), 337–373. https://doi.org/10.21580/economica.2017.8.2.1920
Pradikta, A. R., & Arie, A. (2024). Sharia Investment: Understanding Prohibitions and Guidelines for the Right Investment Choices. Al-Aghniya: Journal of Syariah Business Management, 1(1 SE-Articles), 43–52. https://doi.org/10.58988/aghniya.v1i1.366
Precedence Research. (2025). ESG Investing Market Expands with Rising Demand for Sustainable Financial Strategies. https://www.precedenceresearch.com/esg-investing-market?utm_source=chatgpt.com
Radzi, R. M. (2022). Convergence of Values Between Islamic Finance and Socially Responsible. Journal of King Abdulaziz University-Islamic Economics, 35(2), 77–96. https://doi.org/10.4197/islec.35-2.5
Rangkuti, M. Y. (2023). Toward a Holistic Framework of Islamic Business Ethics: Insights from Leadership, Halal Practices, and Finance in a Digital Age. Sinergi International Journal of Islamic Studies, 1(3), 114–127. https://doi.org/10.61194/ijis.v1i3.593
Rofiq, M. A., & Khusnuddin. (2025). Integration of Maqashid Shariah Values and SDGs in Food Mnagement : A Qur’an-Based Conceptual Study. 6(1), 118–133. https://doi.org/https://doi.org/10.47700/jiefes.v6i1.10121
Sakinah, S. (2015). Investasi Dalam Islam. Iqtishadia Jurnal Ekonomi & Perbankan Syariah, 1(2), 248. https://doi.org/10.19105/iqtishadia.v1i2.483
Soediro, A., Kusumawardani, M., Farhan, M., & Lakilaki, E. (2024). Understanding the Islamic Business Ethics in Islamic Microfinance Institutions. Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 7(3 SE-Articles). https://doi.org/10.31538/iijse.v7i3.5810
Uula, M. M. (2023). Vosviewer Application on Islamic Social Investment. Fara Id and Wealth Management, 3(1). https://doi.org/10.58968/fwm.v3i1.312
Zahari, S. A., Shahimi, S., Alma’amun, S., & Ismail, A. G. (2024). Ethics in Focus: a Bibliometric and Content Analysis of Islamic Banking and Finance Research. Journal of Islamic Monetary Economics and Finance, 10(2), 249–276. https://doi.org/10.21098/jimf.v10i2.1992
ʿAbd al-Bāqī, M. F. (n.d.). Al-Muʿjam al-Mufahras li-Alfāẓ al-Qur’ān al-Karīm (M. S. Al-Laḥḥām (ed.)). Dar El Marefah.
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Published
2025-12-01
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Ningsih, F., Muntu, A. T. S., Ilham, M., Ridwan, & Masse, R. A. (2025). Qur’anic Perspectives on Economic Ethics: A Thematic Study of Four Key Verses for Building a Prosperous Ummah. Jurnal Inovasi Pendidikan Agama Islam (JIPAI), 5(2), 107–120. https://doi.org/10.15575/jipai.v5i2.46332
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Copyright (c) 2025 Fitiriah Ningsih, Andi Tenri Sri Muntu, Muhammad Ilham, Ridwan, Rahman Ambo Masse
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