The Relevance of the Ternak Uang Financial Strategy to the Principles of Maqāṣid al-Sharī‘ah and Al-Ghazali’s Ethics of Wealth
DOI:
https://doi.org/10.18326/ijier.v7i1.4764Keywords:
Financial Literacy, maqāṣid al-sharī‘ah, Timothy Ronald, al-Ghazali, Islamic ethicsAbstract
Timothy Ronald’s Tangga Ternak Uang has gained widespread attention among young Indonesian Muslims as a practical and accessible step-by-step financial guide. This study aims to examine how Islamic principles are reflected in each of the strategy’s seven stages through the lens of maqāṣid al-sharī‘ah and Al-Ghazali’s thought. Using a qualitative method, this research draws upon content analysis of video materials and relevant classical and contemporary literature. The findings show that every stage from saving and debt repayment to long-term investment and philanthropy embodies the value of wealth protection (ḥifẓ al-māl), moral responsibility, and barakah-oriented behavior. The strategy resonates with Al-Ghazali’s emphasis on spiritual ethics, risk anticipation, and wealth as a means for societal welfare. Nonetheless, the model has yet to be empirically tested in the context of user behavior or socio-economic impact. This study contributes to the development of Islamic financial literacy models rooted in maqāṣid-based ethical frameworks.
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