Falah and The Transformation of The Concept of Well-Being In The Digital Age (An Approach from Islamic Economic Philosophy)

Abstract

The development of the digital era has brought significant changes in economic structure and practices that have an impact on the transformation of the meaning of welfare. The concept of welfare which has been tended to be understood materially in the conventional economic paradigm is considered to be unable to represent human welfare as a whole. In the Islamic economic perspective, welfare is understood through the concept of falah, which is the success of life that includes material, social, and spiritual dimensions. This article aims to analyze the transformation of the meaning of welfare in the digital era by using the approach of Islamic economic philosophy. The research method used is library research with a descriptive-analytical approach to various relevant scientific literature. The results of the study show that economic digitalization provides opportunities to increase welfare through efficiency and expansion of economic access, but also presents challenges in the form of digital inequality and value shifts. Therefore, the concept of falah becomes a relevant alternative paradigm to interpret welfare holistically and fairly in the digital era, by placing technology as a means to achieve the benefits and goals of maqashid al-shari'ah.