Analisis Ekonomi Syariah Terhadap Dampak Dugaan Korupsi Tata Kelola Energi di PT Pertamina Terhadap Kepercayaan Investor Tahun 2018–2023

Abstract

This study aims to analyze the impact of allegations of corruption in energy governance at PT Pertamina for the 2018–2023 period on investor perceptions and confidence from a sharia economic perspective. The study used a qualitative approach with a case study type. Data were collected through observation, in-depth interviews with 10 informants consisting of academics, the public, economic practitioners, and related parties, as well as documentation and literature reviews. Data analysis techniques were carried out through data reduction, data presentation, and descriptive-analytical conclusion drawing. The results show that allegations of corruption in energy governance have resulted in increased fraud, decreased institutional credibility, and weakened investor confidence in the credibility of companies and the state oversight system. From a sharia economic perspective, this practice contradicts the principles of amanah (trust), 'adl (justice), contains elements of gharar (uncertainty), and is inconsistent with the objectives of maqasid al-sharia (the principles of sharia) in maintaining the public interest. This research contributes to the development of sharia economic studies through the perspective of integrating corporate governance and Islamic business ethics in understanding the crisis of investor confidence caused by energy governance issues.