BRIDGING ETHICAL AND ECONOMIC DIMENSIONS OF INFLATION FOR GLOBAL SUSTAINABILITY
DOI:
https://doi.org/10.47498/eam7z270Keywords:
inflation, islamic, maqashid al-shariahAbstract
This study provides a comparative analysis of inflation theories from Al-Maqrizi, Jean-Baptiste Say, and Adiwarman A. Karim by examining their philosophical and tactical dimensions within historical and moral economic contexts. The objective is to identify how each thinker’s perspective contributes to sustainable economic policy aligned with the Sustainable Development Goals (SDGs), particularly SDG 1 (No Poverty), SDG 8 (Decent Work and Economic Growth), and SDG 10 (Reduced Inequalities). Using a qualitative-comparative method, the study finds that Al-Maqrizi emphasizes moral integrity and ethical governance as foundations for monetary stability; Say highlights productivity and market efficiency as drivers of equilibrium; and Adiwarman integrates Islamic principles of justice and maqashid al-shariah to achieve inclusive and equitable growth. The findings suggest that combining moral ethics, productive capacity, and distributive justice forms a comprehensive framework for combating inflation and fostering sustainable economic systems. This synthesis not only enriches economic thought but also supports the realization of ethical, resilient, and inclusive financial ecosystems consistent with global sustainability objectives.
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