Imron Natsir
Jurnal Indonesia Sosial Teknologi, Vol. 5, No. 6, June 2024 3026
Indonesia is a country with the largest Muslim population in the world, thus
Indonesia has the opportunity to become a country with the highest development in the
value of Islamic economic assets in the world. Sharia-based economics developed along
with the birth and development of Islam in this world (Mardi, 2021). Islamic economics
is an economic system based on Islamic principles. These principles include aspects such
as justice, togetherness, and compliance with Islamic law (Sharia). In Islamic economics,
financial transactions must comply with Sharia principles, such as the prohibition of usury
(interest), the prohibition of speculation, and the prohibition of investment in businesses
that are considered haram according to Islamic law, such as liquor, gambling, or products
related to pornography. The system also encourages risk and profit sharing between the
parties involved in the transaction. Islamic economics covers a wide range of sectors,
including banking, investment, insurance, and capital markets (Prandawa, Jubba, NB, &
Wardani, 2022).
The advancement of Islamic finance in Indonesia has propelled the nation to the
fourth position globally, trailing following Malaysia, Saudi Arabia, and the United Arab
Emirates, Indonesia presently ranks seventh globally in Sharia financial assets, amounting
to a total of US$99 billion. Several opportunities have been identified as drivers for
advancing Islamic finance, such as the expansion of social finance through zakat and
waqf, the tokenization of sukuk, the digitization of financial processes and enhancement
of Islamic Fintech, regulations governing Sharia finance, and Impact investing focusing
on Environmental, Social, and Governance (ESG) factors (Yusuf & Haryono, 2022).
However, one of the main challenges in developing Sharia Economics is the limited
number of competent Human Resources (HR) in this field.
Human resources have a very important role in the development of Islamic
economics. The existence of trained and skilled human resources is crucial. They are the
main foundation for operating Islamic financial institutions, investment institutions, and
various other business entities. In-depth knowledge of Sharia principles, Islamic law, and
Islamic financial instruments is the foundation for the quality of their work (Harahap,
Azmi, & Syamsuri, 2021). Qualified human resources are also a key driver in encouraging
innovation and the development of financial products and services that comply with
Sharia principles. They also have an important role in supervision and compliance,
ensuring that the operations of Islamic financial institutions are in line with applicable
rules and principles. In addition, they are also agents of change in spreading the
understanding of Islamic economics in the community through education and counselling
(Magfiroh, 2021). Investment in HR development in the Islamic economy not only
supports the growth of the sector but also contributes to building a strong labour market
within the sector, which in turn provides sustainable economic benefits (Rohmah, 2018).
Assessments of the quality of human resources in Islamic economics today reflect
a mixture of progress and challenges. In some regions with large Muslim populations,
awareness of the principles of Islamic economics has increased, supported by the adoption
of specialized educational programs (Andini & Wijaya, 2023). Elsewhere, however,
understanding of the concept remains limited. The quality of HR skills and expertise