ETHICAL CONSUMPTION AND PRODUCTION FROM THE PERSPECTIVE OF HALAL ECONOMY

Abstract

The halal economy, rooted in Islamic principles, emphasizes ethical consumption and production as integral components of sustainable development. This chapter explores the intersection of ethical practices and the halal economy, highlighting their alignment with Sustainable Development Goal (SDG) 12, which promotes responsible consumption and production. Ethical consumption in the halal economy involves mindful purchasing behaviours, such as supporting sustainable products, ensuring animal welfare, and prioritizing health-conscious choices. These practices are guided by maqasid al-shariah, an Islamic ethical framework that prioritizes the preservation of religion, life, intellect, lineage, and property. On the production side, ethical practices include fair trade, environmental sustainability, and efficient resource management, all of which uphold Islamic values and contribute to long-term economic and ecological benefits. Despite its growth, the halal economy faces challenges such as the lack of standardized global halal certification, supply chain integrity issues, and the need for greater consumer and producer awareness. Addressing these challenges requires collaboration among governments, industry players, and academia to harmonize standards, enforce regulations, and promote ethical decision-making. By integrating ethical considerations into consumption and production, the halal economy can enhance sustainability, foster social responsibility, and align with global sustainability goals. This chapter underscores the importance of ethical practices in strengthening the halal economy’s resilience and its potential to create a more equitable and sustainable future.