The Influence of Sharia Investment on the Growth Rate of the Workforce in the Perspective of Sharia Macroeconomics
Abstract
Abstract
This study aims to analyze the effect of investment on workforce growth in a macro sharia perspective. Investment itself has an important role in driving economic growth and job creation. However, in the context of macro sharia economics, investment must also pay attention to Islamic principles that include justice, sustainability, and equity in economic activities. In this study, we conduct a literature review of relevant studies on the effect of investment on workforce growth in a macro sharia perspective. The results of the literature review indicate that investment based on Islamic economic principles, such as investment in the Islamic financial sector, Islamic banking, and the legitimate and ethical real sector, has the potential to increase the growth of fair and sustainable employment. _ These findings indicate that Islamic investment can create new job opportunities, develop work skills, and encourage financial inclusion within the framework of achieving economic growth that is compatible _ with the principles of macro sharia economics. Related Studies also emphasize the importance of better understanding _ both the principles of Islamic economics and supporting infrastructure and regulations _ to optimize the impact of investment on the work of growth forces. Based on the results, the coefficient of determination R Square (R²) is 0.029, which means that the changes that occur in the dependent variable can be explained by the independent variable by 2.9%, while the remaining 97.1% is explained by other variables outside the variables studied. This means that the change in workforce growth of 2.9% is simultaneously influenced by investment factors. Then the remaining 97.1% is influenced by other factors.
Keywords: Investment, Labor, Islamic Macroeconomics
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