Rizqy Khairul Anam, Fuad Yanuar Akhmad Rifai, Purwanto Purwanto

Integration of Maqashid Sharia Values in Risk-Based Decision Making Study: CV Utama Maju Bersama

Introduction

Integration of maqashid sharia values in risk-based decision making study: cv utama maju bersama. This study integrates Maqashid Sharia values into risk-based decision-making for a construction company, CV Utama Maju Bersama. It shows how Islamic principles improve safety, fairness, ethics, and sustainability.

Abstract

This study examines the integration of Maqashid Sharia values in risk-based decision-making within a construction service company, with a case study at CV. Utama Maju Bersama. The risks faced by the company encompass technical, financial, social, and environmental aspects, which are managed through an Islamic value-based approach. Employing a descriptive qualitative method, data were collected through in-depth interviews, observation, and documentation. The findings reveal that the principles of Maqashid Sharia namely hifz al-din, hifz al-nafs, hifz al-‘aql, hifz al-nasl, and hifz al-mal are substantively implemented in the company’s operational policies, even though these terms are not explicitly recognized by the management. This integration has been proven to enhance workplace safety, financial fairness, ethical governance, and business sustainability. The study affirms that Maqashid Sharia can serve as both a strategic and ethical framework in risk management, which is relevant not only in the financial sector but also in the construction service sector.

Review

This study presents an intriguing and relevant exploration into the integration of Maqashid Sharia values within risk-based decision-making, specifically within the under-researched context of a construction service company. The abstract clearly articulates the problem addressed: managing diverse risks (technical, financial, social, environmental) through an Islamic value-based lens. The descriptive qualitative methodology, employing in-depth interviews, observation, and documentation, appears appropriate for uncovering the nuanced implementation of these values. The key finding — that Maqashid Sharia principles are substantively implemented in operational policies despite not being explicitly recognized by management — offers a fascinating insight into tacit ethical frameworks guiding business practices. The strengths of this study lie in its innovative application of Maqashid Sharia beyond the traditional financial sector, extending its relevance to construction services. The abstract highlights tangible benefits such as enhanced workplace safety, financial fairness, ethical governance, and business sustainability, underscoring the practical utility of integrating these values. This demonstrates a strong potential for the research to contribute to both Islamic business ethics and practical risk management literature. The focus on a real-world case study at CV. Utama Maju Bersama lends credibility and provides a concrete example for understanding how these principles manifest in practice. Overall, this research offers a valuable contribution to understanding the intersection of religious ethics and business practice. It successfully bridges a gap by applying an established Islamic ethical framework to a novel industrial context, revealing both explicit and implicit ethical considerations in risk management. The findings strongly suggest that Maqashid Sharia can indeed function as a robust strategic and ethical framework. The paper, based on this abstract, appears to be a significant addition to the growing body of literature on Islamic management and ethics, and merits publication for its insights into ethical business conduct and sustainable practices.

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