Islamic Social Finance, Modern Slavery of Children, and Sustainable Development Goals in Indonesia

Sari Lestari Zainal Ridho, Dodik Siswantoro

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)


The purpose of this study is to build an optimization model of Islamic social finance and evaluate the existence of Islamic social finance and its effect on reducing modern slavery of children, using the Islamic social finance optimization framework approach in alleviating poverty and several sustainable development goals in Indonesia. The existence of modern slavery which has re-emerged is an important concern to study because slavery is anti-development. Moreover, Islam seeks to abolish slavery, so that modern slavery should no longer occur in Islamic countries, including Indonesia. This research is conducted using a quantitative descriptive method, with Partial Least Square Method and data from Indonesia in particular since Indonesia is a country with the largest Muslim population in the world. This research is important to be carried out since this subject has never been studied quantitatively. The findings of this study, which are based on the discussion of existing data indicate that quantitatively, in the short term there is no impact on the distribution of Islamic social finance funds, in the form of zakat, infaq, sadaqah on modern slavery of children in Indonesia. Thus, Indonesia, considering that the existence of modern slavery is anti-development as marked by its effect on welfare, as an Islamic country with the largest population in the world should pay more attention to the eradication of modern slavery of children.

Original languageEnglish
Title of host publicationSustainable Finance, Digitalization and the Role of Technology - Proceedings of The International Conference on Business and Technology, ICBT 2021
EditorsBahaaeddin Alareeni, Allam Hamdan
PublisherSpringer Science and Business Media Deutschland GmbH
Number of pages17
ISBN (Print)9783031080838
Publication statusPublished - 2023
EventInternational Conference on Business and Technology, ICBT 2021 - Istanbul, Turkey
Duration: 6 Nov 20217 Nov 2021

Publication series

NameLecture Notes in Networks and Systems
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389


ConferenceInternational Conference on Business and Technology, ICBT 2021


  • Economic
  • Islamic finance
  • Labor


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