A Conceptual Framework for Bridging Ethical Finance and Community Engagement: Theatre-Based Approaches to Islamic Financial Literacy

Abstract

Financial exclusion persists as a significant challenge in many Muslim-majority regions, especially among rural and socioeconomically marginalized populations. Despite the ethical foundations “and inclusive objectives of Islamic finance, many intended beneficiaries lack awareness or hold misconceptions about its principles and benefits. This paper presents a theoretical exploration of Applied Theatre, specifically Theatre for Development (TfD), as an innovative pedagogical approach to promote Islamic financial literacy in underserved communities. Drawing on Paulo Freire’s emancipatory pedagogy and Augusto Boal’s
Theatre of the Oppressed, the study argues that participatory performance provides a culturally resonant, dialogic, and embodied mode of financial education. The paper situates Islamic finance within the framework of Maqasid al-Shariah (objectives of Islamic law), emphasizing justice, equity, and socioeconomic empowerment. Integrating Islamic financial values with theatre’s interactive and communal strengths, the proposed conceptual model positions theatre as a medium to simplify complex financial concepts, foster ethical reflection, and stimulate behavioral change. This interdisciplinary synthesis offers a critical lens for developing culturally sensitive and participatory strategies to advance financial inclusion. The paper also acknowledges challenges, including cultural resistance to performative practices in conservative settings, highlighting the need for adaptive models. Ultimately, this study contributes to financial inclusion discourse by advocating alternative pedagogies aligned with Islamic ethics, aiming to empower marginalized Muslim communities through creative engagement.