Analysis of The Sharia Risk Management Framework: A Comparison of ISO 31000 and Sharia Principles
DOI:
https://doi.org/10.21274/reinforce.v5i1.12042Keywords:
Sharia perspective, ISO 31000, Sharia principles, Framework, Risk ManagementAbstract
This study aims to analyze the risk management framework based on ISO 31000 and its relationship to sharia principles.Risk is an integral part of every organizational activity, therefore, a structured management system is required to minimize potential losses and support the achievement of organizational goals.The research method used is a literature review by reviewing various sources such as relevant books and scientific journals. From a sharia perspective, risk management must also consider Islamic values such as the prohibition of usury, gharar, and maysir. Integrating the two can produce an effective risk management system that is in accordance with sharia principles.
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