Summary:The recent global energy crisis, intensified by escalating geopolitical tensions in the Middle East, has revealed deeper structural weaknesses within the contemporary economic system. Rather than being a purely external shock, the crisis reflects a long-standing dependence on unstable energy supply chains, unequal resource distribution, and market mechanisms driven primarily by profit and speculation. The resulting surge in energy prices, inflationary pressures, and economic uncertainty underscores the fragile nature of a system that treats energy as a tradable commodity rather than a fundamental public necessity. From this perspective, the experience of countries such as Indonesia highlights the disproportionate burden faced by energy-importing economies. Rising fiscal pressures, declining purchasing power, and increasing economic vulnerability suggest that current policy responses remain largely reactive and insufficient in addressing the root causes of the crisis. This situation invites a broader reconsideration of how energy systems are governed and for whom they are designed. This article argues that Islamic economics offers a compelling alternative framework that moves beyond short-term stabilization toward structural transformation. By emphasizing public ownership of essential resources, ethical governance based on trust and responsibility, equitable wealth distribution, and the limitation of speculative practices, Islamic economic principles present a more balanced approach to energy management. These principles reframe energy not as an object of accumulation but as a shared resource that must serve collective welfare. In this view, the relevance of Islamic economics lies not only in its normative appeal but also in its potential to address real-world challenges. Its integration into contemporary policy discourse could contribute to a more resilient, inclusive, and sustainable economic system. For Indonesia, adopting such an approach may provide a pathway toward reducing external dependency, strengthening domestic stability, and ensuring that energy governance aligns more closely with social justice and long-term sustainability.
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