Upholding justice and anti-Riba principles in Indonesia’s BRICS infrastructure project

Zain, Khansa Nabila and Sumiati, Siti and Salleh, Wan Anisabanum (2025) Upholding justice and anti-Riba principles in Indonesia’s BRICS infrastructure project. Bulletin. Fakulti Pengurusan Perniagaan, UiTM Terengganu.

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Abstract

The BRICS group (Brazil, Russia, India, China, and South Africa) has become an important actor in the global economy by initiating various infrastructure projects, including in Indonesia. This group was formed to represent the interests of developing countries in the international system. Initially started as an investment opportunit}7, BRICS now plays a strategic role in global economic transformation (Kakonen, 2014; Priangani, 2015). It is hoped that the infrastructure projects that they have initiated in Indonesia can accelerate development. However, this approach often gives rise to problems such as unfair distribution of benefits and dependence on interest-based debt (‘Riba’).

Metadata

Item Type: Monograph (Bulletin)
Creators:
Creators
Email / ID Num.
Zain, Khansa Nabila
UNSPECIFIED
Sumiati, Siti
UNSPECIFIED
Salleh, Wan Anisabanum
wananisa@uitm.edu.my
Contributors:
Contribution
Name
Email / ID Num.
Chief Editor
Mohd Zahari, Ahmad Suffian
ahmadsuf@uitm.edu.my
Subjects: L Education > LG Individual institutions > Asia > Malaysia > Universiti Teknologi MARA > Terengganu
Divisions: Universiti Teknologi MARA, Terengganu > Dungun Campus > Faculty of Business and Management
Journal or Publication Title: BizNewz
ISSN: 2600 9811
Keywords: BRICS group, Global economy, Infrastructure projects
Date: 2025
URI: https://ir.uitm.edu.my/id/eprint/130890
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130890

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