ISSN: 2225-8329
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This research aims to apply the Islamic Social Finance (ISF) in Sustainable Development Goals (SDGs) prescribed by United Nations Development Program (UNDP) with specific target to be aligned with Maqasid al-Shariah. The important of this research is to synergize SDGs and ISF in the sense that there will be a central point between both can be a platform to close the gap between Western theory in managing philanthropy and Islamic theory in managing benevolence aid ‘tabarruat’. This study attempts to proof that Allah almighty as a creator when he creates this universe, he creates the human being as Khalifah on this earth to manage all the economic resources and to be distributed equally to all humankinds, the resource is sufficient for everyone as targeted in SDGs etc.; no poverty and zero hunger. This paper using qualitative method of research and content analysis, analyzing SDGs using Islamic Social Finance and Maqasid al-Shariah perspective. As result this study found that by adopting Islamic Social Finance into SDGs, its ultimately will achieve the target for Maqasid al-Shariah for protection of life, property, health, religion and dignity. Ultimately this research is expected to highlight the method of applying ISF into SDGs that will produce better result society.
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In-Text Citation: (Awang & Chik, 2023)
To Cite this Article: Awang, M. Z., & Chik, W. Y. W. (2023). Application of Islamic Social Finance in Sustainable Development Goals with Specific Target for Maqasid Al-Shariah. International Journal of Academic Research in Accounting Finance and Management Sciences, 13(1), 35–46.
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