TEORI KEUANGAN SOSIAL PRODUKTIF ISLAM

Abstract

This study discusses the theory of Islamic Productive Social Finance. Islamic productive social finance is an economic empowerment system based on Sharia philanthropic instruments such as zakat and waqf, aimed at achieving distributive justice and social welfare. This article theoretically examines the concepts of productive zakat and productive waqf as strategic instruments in the economic development of the Muslim community. Productive waqf is understood as the transformation of assets from a consumptive pattern into sustainable investment that generates long-term socio-economic benefits. Meanwhile, productive zakat functions as a mechanism for wealth redistribution that is not merely consumptive, but also transformative through the empowerment of micro-enterprises and the enhancement of the economic capacity of mustahik (zakat beneficiaries). From a microeconomic perspective, zakat and waqf increase purchasing power and productivity among low-income groups. At the macroeconomic level, both contribute to poverty reduction, income distribution, and economic stability. The integration of professional governance, digital innovation, and institutional synergy are important factors in optimizing Islamic productive social finance. Therefore, zakat and waqf are not only spiritual in dimension, but also serve as instruments for inclusive and sustainable economic development.