Islamic Minimalist Financial Management for a Simple Lifestyle
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Abstract
Wise financial management rooted in Islamic principles is essential in addressing modern lifestyles that often lean toward consumerism. Adopting a minimalist approach provides an effective solution to prevent waste while strengthening both spiritual and economic well-being. This study seeks to analyze and propose an Islamic-based minimalist financial management model as a practical guideline for achieving a simple, harmonious, and sustainable lifestyle. The research employed a qualitative descriptive approach, drawing on classical Islamic sources (Qur’an, Hadith, and scholarly interpretations) as well as contemporary literature on financial management and minimalism. Through thematic analysis, the study identified core principles and examined their applicability to daily financial practices. The findings suggest that minimalist financial management, guided by Sharia values, reduces waste, enhances spiritual awareness, and fosters a lifestyle that promotes inner peace and social well-being. The proposed model demonstrates both relevance and practicality in modern contexts, contributing to improved wealth management and a higher spiritual and social quality of life. This research enriches Islamic financial management literature by integrating minimalist principles with Sharia values and offering actionable guidance for individuals and communities to manage finances wisely and responsibly.
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