Analysis of Production Concepts in Islamic Economics: The Role of Production Factors, Isocost Curves, and Ethics in Economic Decisions

Abstract

This study was conducted to understand how production is viewed in the perspective of Islamic economics, focusing on the utilization of production resources, the application of isocant curves, and the significance of ethical values in every economic decision taken. The research method used is descriptive qualitative with literature study as the main base. In Islam, production activities are not only seen as an effort to increase economic profits, but also as part of worship that contains spiritual values and social responsibility. Resources such as land, labor, capital, and technology are considered as entrustments that must be managed with the principles of justice, efficiency, and sustainability. The use of isokuan curves as a technical analysis tool is allowed, but its implementation must be in line with the principles of justice, sustainability, and provide benefits to the wider community. The study also emphasizes that production ethics is a crucial element to balance between economic efficiency and sharia objectives, especially in the face of various challenges in this modern era. Through a qualitative approach based on literature review, this study offers a deeper understanding of how Islamic economic principles can be applied in contemporary production practices in an ethical and practical manner.