Implementation of Maqasid Shariah in the Preservation of Wealth

The preservation of wealth holds a significant position in Islamic teachings, serving not only as a material aspect in daily life but also as an integral part of the principles of Maqashid Shariah. Maqashid Shariah, originating from the word "maqsad," meaning purpose or intent, encompasses a series of primary objectives aimed at safeguarding and enhancing the well-being of humanity. In this context, the implementation of Maqashid Shariah in wealth preservation requires a profound understanding of the fundamental values of Islam. Wealth, as one dimension of life, becomes the responsibility of Muslims to be safeguarded and managed in accordance with the principles upheld by Maqashid Shariah. Maqashid Shariah is a concept in Islamic law referring to the ultimate goals or intentions of Islamic principles. It pursues the well-being of humanity and includes principles underlying Islamic law. Thus, Maqashid Shariah provides ethical guidelines for wealth management, emphasizing the importance of Islamic values in economic and financial activities to achieve the ultimate goals of justice, prosperity, and sustainability. Simply put, Maqashid Shariah is interpreted as the purpose of Islamic law, aiming to ensure that wealth and assets are well-preserved in accordance with applicable Shariah principles. This aims to uphold equality and justice, prevent fraudulent financial practices, fulfill social responsibilities, and demonstrate obedience to Islamic law by following all commands given by Allah SWT and avoiding prohibited actions. Research findings indicate that Maqashid Shariah offers a holistic perspective on wealth management, including aspects of social responsibility and economic sustainability. The implementation of Maqashid Shariah principles in wealth management also leads to a deeper understanding of the entrusted nature of wealth from Allah and the necessity to safeguard it as an act of obedience.