Analysis of the Impact of World Oil Commodities on Indonesia^s Welfare from an Islamic Perspective
Riska Anin Chrisananda (a*) Sri Herianingrum (b*)

Islamic Economic Study Program, Faculty of Economics and Business, Airlangga University, Surabaya, Indonesia
riskaanin99[at]gmail.com
Islamic Economic Study Program, Faculty of Economics and Business, Airlangga University, Surabaya, Indonesia
sri.herianingrum[at]feb.unair.ac.id

Abstract

Petroleum is an essential natural resource for a country^s economic activities. This condition has a positive impact on countries that have abundant petroleum, such as Indonesia. Indonesia was initially an oil importing country, but because high consumption was not balanced with increased production, Indonesia^s status changed to an oil importing country. Apart from providing benefits to the economy in general, petroleum also includes welfare for the community, both from a conventional and sharia maqashid perspective. Petroleum has a role in maintaining offspring as in maqashid sharia. The next generation must feel the benefits and become material for work.

Keywords: Exports, Imports, Maqashid Syariah, and Petroleum

Topic: Public economics