Covid-19 Aftermath: Rebuilding the Economy – Criteria for Selection of Projects

Noor Zahirah Mohd Sidek

doi:10.21834/ebpj.v7iSI9.4243

Authors

Noor Zahirah Mohd Sidek Faculty of Business Management, Universiti Teknologi MARA, Malaysia

DOI:

https://doi.org/10.21834/ebpj.v7iSI9.4243

Keywords:

COVID-19 Aftermath, Selection Criteria , Economic Recovery , Maqasid

Abstract

This paper proposes two-stage evaluation criteria to prioritize projects that to rebuild the economy, promote inclusive growth, reduce poverty, and income inequality and deploy certain standards to ensure environmental sustainability. First, we propose a categorization of projects based on the maqasid shariah. The five (5) original maqasid include faith, human self, intellect, posterity and wealth. Then we extended the maqasid and formed eight (8) elements from the maqasid with a quantitative maqasid score. Second, five (5) thrusts are recommended for further filtration. Finally, the first and second stages are combined to generate specific scores which are used for selection purposes.

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