About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

4 INVEST J. Sharia & Econ. L. 1 (2024)

handle is hein.journals/ivtjlosa4 and id is 1 raw text is: INVEST: Journal of Sharia and Economic Law           E-ISSN 2776-4354
Vol. 4, No. 1, June 2024 (pp. 1-20)                  P-ISSN 2776-4982
DIAGNOSING QUR'ANIC PRECEPTS ON WEALTH CREATION IN DIGITAL
AGE
Uthman Okanlawon Sidiq', Haruna Zagoon-Sayeed 2, Taiwo Moshood Salisu 2
13 Department of Religions and Peace Studies Lagos State University, Qjo-Nigeria
13 Department for the Study of Religions, University of Ghana, Legon Accra
Email: uthman.sidiq@lasu.edu.ng
DOI: 10.21154/ invest.v4i1.8422
Received: 2024-01-01       Revised: 2024-02-04           Approved: 2024-02-05
Abstract: This study examines how Islamic economic principles can provide guidance for ethical
wealth creation, protection, and distribution in the rapidly evolving digital economy, particularly
in the face of cybercrime and financial scams. The research investigates the adaptability of Islamic
teachings to digital economic activities, emphasizing the importance of lawful enterprise and
social responsibility. The study employs qualitative analysis of Qur'anic precepts, Hadiths, and
contemporary Islamic scholarship. The findings reveal that Islamic wealth management
principles are not only compatible with but also vital for navigating the complexities of the digital
age. These principles advocate for ethical earning, robust protection of wealth through
cybersecurity measures, and the socially responsible distribution of wealth. The study
emphasizes the necessity for precise legal frameworks that align with Islamic ethical standards
in digital commerce, alongside a strong emphasis on education regarding digital economic
activities within an Islamic framework. Engaging in the digital economy under Islamic guidelines
is feasible and advantageous, highlighting the critical role of international cooperation among
Muslim countries to combat cybercrime and ensure a secure, equitable digital economic
environment. This approach fosters economic resilience and social welfare in accordance with
Islamic values.
Keywords: digital economy; digital age, wealth creation, Qur'dnic precepts
Abstrak: Penelitian ini mengkaji bagaimana prinsip-prinsip ekonomi Islam dapat memberikan
panduan untuk penciptaan, perlindungan, dan distribusi kekayaan yang beretika dalam
ekonomi digital yang berkembang pesat, terutama dalam menghadapi kejahatan siber dan
penipuan keuangan. Penelitian ini menyelidiki kemampuan adaptasi ajaran Islam terhadap
kegiatan ekonomi digital, dengan menekankan pentingnya usaha yang halal dan tanggung jawab
sosial. Penelitian ini menggunakan analisis kualitatif terhadap ajaran-ajaran Al-Qur'an, Hadis,
dan kesarjanaan Islam kontemporer. Temuan-temuannya mengungkapkan bahwa prinsip-
prinsip manajemen kekayaan Islam tidak hanya sesuai, tetapi juga sangat penting untuk
menavigasi kompleksitas era digital. Prinsip-prinsip ini menganjurkan penghasilan yang etis,
perlindungan kekayaan yang kuat melalui langkah-langkah keamanan siber, dan distribusi
kekayaan yang bertanggung jawab secara sosial. Studi ini menekankan perlunya kerangka
hukum yang tepat yang selaras dengan standar etika Islam dalam perdagangan digital, di
samping penekanan yang kuat pada edukasi tentang kegiatan ekonomi digital dalam kerangka
kerja Islam. Terlibat dalam ekonomi digital di bawah pedoman Islam adalah hal yang layak dan
menguntungkan, menyoroti peran penting kerja sama internasional di antara negara-negara
Muslim untuk memerangi kejahatan siber dan memastikan lingkungan ekonomi digital yang
aman dan adil. Pendekatan ini mendorong ketahanan ekonomi dan kesejahteraan sosial sesuai
dengan nilai-nilai Islam.
Kata kunci: ekonomi digital; era digital, penciptaan kekayaan, ajaran Al-Qur'an

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most