Does Our Energy Consumption Pay Attention to the Maqashid Sharia Principles?: Evidence in Indonesia
Bayu Rahmadi Putra, Sulistya Rusgianto

Universitas Airlangga

Abstract

The purpose of this study was to find out how the relationship between energy consumption (EN), economic growth (GDP), carbon emissions (CO2) and human development (HDI) in Indonesia in the Maqashid Syariah review. By using the Vector Error Correction Model (VECM) approach, it was found that in the long term carbon emissions have a negative effect on energy consumption. Meanwhile, economic growth and human development have a positive effect on energy consumption. In the short term, energy consumption and economic growth have a positive effect on human development. Meanwhile, carbon emissions have a negative effect on HDI, on the contrary HDI has a positive effect on carbon emissions.

Keywords: Energy, CO2, GDP, HDI, Maqashid Syariah

Topic: Islamic human resource in VUCA