(AcSES NEWS) On Tuesday, May 27, 2025, the second Sharia Economics Club (SEC) X AcSES Gen Z Discussion (AZD) was successfully held offline at the Creative Lounge, Faculty of Economics and Business, Universitas Airlangga . This activity took place at 6:00 PM–8:00 PM WIB and was attended by 10 participants from among active AcSES members. This discussion is part of a series of Islamic economic studies aimed at strengthening sharia literacy while fostering critical thinking towards economic practices based on Islamic values.
The topic of this meeting was "Fiqh Muamalah," delivered by Desiyanti Sagita Rachmadewi. In her presentation, Ms. Desi outlined the basic principles of fiqh muamalah, including the legal basis, relevant fiqh principles, and their application in the contemporary economic context. This material emphasized the importance of contracts, justice, and transparency in economic transactions from an Islamic perspective. The presentation was interactive, with additional pre- and post-tests to gauge participants' overall understanding.
This activity also presented a Gen Z Discussion with a debate topic: "Testing the Effectiveness of Profit-Sharing vs. Interest Systems: Analysis of Risk, Fairness, and Economic Impact on the Real Sector." Participants were divided into four groups, namely: (1) Islamic Banking, (2) Conventional Banking, (3) Regulators (OJK), and (4) MSME Actors. Each group presented arguments based on their respective perspectives in a critical and structured manner.
The Islamic Banking Group highlighted the profit-sharing system as a fairer model, strengthening partnerships, and promoting financial inclusion, particularly in the real sector. The Conventional Banking Group argued that the interest-based system offers efficiency and certainty of returns for investors. Meanwhile, the Financial Services Authority (OJK) emphasized the importance of adaptive regulations so that both systems can work hand in hand to maintain financial stability. Meanwhile, the MSME group stated that the profit-sharing system offers greater flexibility, although managerial capacity building is still needed to optimally utilize Islamic financing.
This program not only serves as a means of Islamic education but also broadens participants' understanding of the financial system and its impact on real-life situations, particularly for small business owners. By facilitating an interactive, reflective, and applicable learning environment, this activity makes a real contribution to developing a young generation that thinks critically, is sensitive to social justice, and is able to offer sustainable economic solutions.
The event ran smoothly and successfully created a constructive discussion space for the participants. It is hoped that the next SEC X AZD program will continue to serve as a platform for strengthening the intellectual capacity of the younger generation in building an Islamic economic system that is just, inclusive, and relevant to the challenges of the future