Journal of Islamic Economy
type: channel
description: Journal of Islamic Economy (JOIE) is a peer-reviewed open access international journal that aims to facilitate a better understanding of research-based management science among academics and study analysts, thus making a positive contribution and influence on the world of Islamic economics. All submitted manuscripts will be reviewed by the editors and then evaluated by a minimum of two International Reviewers through a double-blind review process. This is to ensure the quality of manuscripts published in the journal. The journal publishes original articles on current issues and trends occurring internationally in the fields of:(1) Islamic Public Economic Philosophy, (2) Islamic Economic Thought, (3) Islamic Economics and Contemporary Issues, (4) Contemporary Issues in Islamic Financial Institutions, (5) Islamic Management and Islamic Accounting, (6) Legal Aspects in Islamic Economics.The journal, which has been published since 2024, is published three times each year in March, July and November Journal title : Journal of Islamic Economy Initials : JOIE Frequency : 3 (three) times a year (March, July, November) DOI : 10.62872 ISSN Online : 3047-2520 Editor in Chief : Dr. Dzulfikri Azis Muthalib. S.E. M.Si Managing Editor : Dr. Subhan Purwadinata,SE.,ME. Assistant Editor : DR. (Cand). Sri Juminawati SE MM CLA CME CEXT. Publisher : PT. Anagata Sembagi Education Accreditation : Index Copernicus International
publisher: Pt. Anagata Sembagi Education
language: en
publication name: Journal of Islamic Economy
issn: 3047-2520
items: Analysis of the Influence of Sharia Economic Literacy on Students' Interest in Using Sharia Financial Products
items: The Effect of Sharia Financial Literacy on Millenials' Investment Decisions
items: The Influence of the Role of Islamic Financial Institutions on Optimizing Islamic Economic Policy Through Increasing Productive Financing in Bangka Belitung Province
items: The Influence of Islamic Financial Literacy on The Investment Decisions of Millennials: A Behavioral Finance Approach
items: The Influence Of Customer Experience On Customer Loyalty Mediated By Emotional Experience Among Shopee Users In The Special Region Of Yogyakarta
items: The Role of Green Fiscal Policy in Supporting Green Governance and Green Economic Development
items: The Influence of Product Quality, Member Satisfaction, and Brand Image on Member Loyalty of the Baitul Tamwil Muhammadiyah Mulia Sharia Consumer Cooperative
items: The Role of Zakat Institutions in Improving the Community's Economy
items: Productive Waqf Development Strategy to Advance Education and Health in the Bangka Belitung Islands Province
items: Analysis of the Relationship between Sharia Investment and Macroeconomic Growth: An Empirical Study in Indonesia
items: Optimization Strategy for Zakat Collection and Distribution in the Digital Era
items: Islamic Economic Transformation in the Digital Era: Opportunities and Challenges
items: Implementation of Sharia Principles in Microfinance: A Case Study in Indonesia
items: Analysis of the Effectiveness of Mudharabah and Musyarakah Financing Models in Islamic Financial Institutions
items: The Role of Zakat and Waqf in Encouraging Sustainable Economic Growth
items: Digital transformation in the Islamic economy: Innovations and challenges in 2025
items: Building Ethical Business: Islam's Contribution to Facing Modern Economic Challenges
items: The Role Of Islamic Capital Markets In Promoting Sustainable Investment
items: Islamic Business Ethics and Sustainability: Building a Business Based on Trust and Justice
items: The Effect Of Preference As A Mediating Variable On Perceived Usefulness And Perceived Ease Of Use Towards The Use Of Mobile Banking In E-Commerce Study On Students In Malang City
items: The role of Islamic economics in improving social and economic welfare
items: Systematic Literature Study on the Role of Islamic Economics in Sustainable Economic Development
items: Halal Value Chain Analysis in Poultry Slaughterhouse UD. Mandiri Bu Warni in Gambiran - Banyuwangi
items: Economic Justice in the Perspective of Sharia: Solutions to Facing Social Inequality
items: The Concept of Maqashid Sharia According to Ibn Taymiyyah and Ibn Qayyim Al-Jauziyah and Its Implementation in Economics
items: The Role of Retail Sukuk in Development and Investment Financing: Ibn Khaldun's Perspective in the State Economy
items: IKN: West Kalimantan's Golden Bridge of Sharia Economy Towards The International Market
items: Transformation and Innovation in Islamic Economics: Responding to Challenges in the Digital and Globalization Era
items: Bank Indonesia's Strategy in Accelerating Sharia Economic Growth
items: The Role of Zakat and Waqf in the Economic Empowerment of the People in the Digital Era

Analysis of the Influence of Sharia Economic Literacy on Students' Interest in Using Sharia Financial Products
type: item
description: This study aims to analyze the influence of Islamic economic literacy on students' interest in using Islamic financial products. Using a quantitative approach through an explanatory survey method, this study involved 400 active students from various public and private universities in Bandung, West Java. The research instrument consists of a structured questionnaire that measures Islamic economic literacy through three main dimensions: basic Islamic knowledge, knowledge of Islamic financial products, and the application of Islamic economics in daily life. Meanwhile, the variable of interest in using Islamic financial products was measured through the dimensions of behavioral intention, attitude towards Islamic products, and supporting factors. The results of the study indicate that Islamic economic literacy has a positive and significant influence on students' interest in using Islamic financial products, with a coefficient of determination (R²) of 0.742, indicating that 74.2% of the variation in students' interest can be explained by Islamic economic literacy. This finding indicates that increasing students' understanding of Islamic principles, Islamic financial products, and their application in daily life significantly increases their interest in using Islamic-based financial services. This study provides an important contribution to the development of Islamic financial education strategies among students and the formulation of policies that support the improvement of Islamic economic literacy in efforts to expand the adoption of Islamic financial products in Indonesia.
subject: Articles
  topic: section
subject: Islamic Economic Literacy
  topic: keywords
subject: Student Interest
  topic: keywords
subject: Islamic Financial Products
  topic: keywords
subject: Islamic Banking
  topic: keywords
subject: Financial Education
  topic: keywords
creator: Firayani Firayani
rights: Copyright (c) 2025 Firayani Firayani (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-29
publication date: 2025-11-29
starting page: 52
ending page: 61
doi: 10.62872/ymx77163

The Effect of Sharia Financial Literacy on Millenials' Investment Decisions
type: item
description: This study examines the effect of Sharia financial literacy on millennials’ investment decisions by conducting a Systematic Literature Review of 88 empirical studies published between 2013 and 2024. Findings show that Sharia financial literacy significantly shapes millennials’ ethical-risk balancing, cognitive filtering of compliance claims, digital investment navigation, and correction of behavioral biases such as overconfidence and herding. The review identifies several behavioral mechanisms through which literacy influences investment decisions, including improved verification of Sharia compliance, enhanced portfolio rationality, and stronger intention behavior alignment. The impact of literacy, however, is moderated by contextual factors such as digital platform transparency, regulatory clarity, social influence, religiosity, socioeconomic capacity, and psychological readiness. These moderators determine whether literacy translates into consistent and informed ethical investment behavior. The study concludes that increasing Sharia financial literacy is necessary but not sufficient; it must be supported by enabling institutional and digital ecosystems to effectively guide millennials toward rational and compliant investment choices.
subject: Articles
  topic: section
subject: behavioral finance
  topic: keywords
subject: Islamic financial literacy
  topic: keywords
subject: millennials
  topic: keywords
subject: Sharia-compliant investment
  topic: keywords
creator: Fitria Husnatarina
rights: Copyright (c) 2025 Fitria Husnatarina (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-30
publication date: 2025-11-30
starting page: 41
ending page: 51
doi: 10.62872/82j4f061

The Influence of the Role of Islamic Financial Institutions on Optimizing Islamic Economic Policy Through Increasing Productive Financing in Bangka Belitung Province
type: item
description: This study aims to analyze the influence of Islamic financial institutions (IFIs) on the optimization of Islamic economic policy through increased productive financing in the Bangka Belitung Islands Province. The background to this study is the low proportion of productive financing channeled by IFIs, as most funds are still focused on the consumer sector and therefore do not contribute optimally to regional economic development. Using a quantitative approach with the Structural Equation Modeling (SEM) method, the study involved 120 respondents consisting of ISI employees, customers, MSME actors, and regional policy makers. The results show that the role of ISIs has a positive and significant effect on increasing productive financing with a regression coefficient of 0.68 and significance below 0.05. Productive financing also has a significant effect on the optimization of Islamic economic policy with a regression coefficient of 0.72 and an R² value of 0.73. The variable of productive financing plays an important mediating role in strengthening the relationship between the role of LKS and Islamic economic policy, particularly through the MSME, agriculture, and fisheries sectors. These findings confirm the relevance of Islamic finance theory and the principles of maqashid al-syariah, and emphasize the importance of synergy between the government, Islamic financial institutions, and the community in building a fair, inclusive, and sustainable Islamic economic ecosystem
subject: Articles
  topic: section
subject: Islamic financial institutions
  topic: keywords
subject: policy optimization
  topic: keywords
subject: Islamic economic policy
  topic: keywords
subject: productive financing
  topic: keywords
creator: Efendi Sugianto
creator: Mohamad Makrus
creator: Afrizal Afrizal
rights: Copyright (c) 2025 Efendi Sugianto, Mohamad Makrus, Afrizal Afrizal (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-29
publication date: 2025-11-29
starting page: 24
ending page: 40
doi: 10.62872/8er1k271

The Influence of Islamic Financial Literacy on The Investment Decisions of Millennials: A Behavioral Finance Approach
type: item
description: The rapid growth of Indonesia’s digital economy and the expansion of Islamic financial services have created new investment opportunities for Muslim millennials. However, low levels of Islamic financial literacy remain a challenge that may affect investment quality and Sharia compliance. This study examines the influence of Islamic financial literacy on the investment decisions of Indonesian millennials. Using a quantitative survey approach, data were collected through purposive sampling involving Muslim millennials aged 25–40 years who have invested or have interest in Sharia-based instruments. A structured questionnaire measured Islamic financial literacy knowledge, understanding of contracts, and Sharia attitudes including investment decision variables, including risk assessment, instrument selection, and investment orientation. Multiple linear regression analysis revealed that Islamic financial literacy has a significant and positive effect on investment decisions. Respondents with higher literacy demonstrated greater prudence, preferred halal instruments such as sukuk and Islamic mutual funds, and avoided speculative assets. These findings highlight the importance of strengthening Islamic financial education, integrating digital Sharia learning, and improving financial platform transparency to support sustainable Sharia investment behavior among millennials
subject: Articles
  topic: section
subject: awareness
  topic: keywords
subject: digital finance
  topic: keywords
subject: islamic investment
  topic: keywords
subject: millennials
  topic: keywords
subject: sharia literacy
  topic: keywords
creator: Nurchayati Nurchayati
rights: Copyright (c) 2025 Nurchayati Nurchayati (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-25
publication date: 2025-11-25
starting page: 11
ending page: 23
doi: 10.62872/b6pj4v94

The Influence Of Customer Experience On Customer Loyalty Mediated By Emotional Experience Among Shopee Users In The Special Region Of Yogyakarta
type: item
description: The rapid growth of e-commerce competition requires companies to deliver superior customer experiences to ensure long-term loyalty. In the context of Shopee users in the Special Region of Yogyakarta, customer experience and emotional experience play essential roles in influencing customer loyalty. This study aims to examine the influence of customer experience on customer loyalty, with emotional experience as a mediating variable. A quantitative approach was employed, using purposive sampling. Data were collected through an online questionnaire (Google Form) and analyzed using SEM-PLS. The findings indicate that customer experience has a positive and significant effect on customer loyalty. Additionally, customer experience significantly influences emotional experience, and emotional experience significantly affects customer loyalty. Furthermore, emotional experience is proven to mediate the relationship between customer experience and customer loyalty. These results highlight the importance of emotional engagement in strengthening customer loyalty in e-commerce platforms. Therefore, Shopee and similar platforms must enhance emotional touchpoints by providing responsive, personalized services that foster feelings of satisfaction, appreciation, and comfort. This study is limited to Yogyakarta and online survey distribution. Future research should expand the geographical scope and consider mixed-method approaches.
subject: Articles
  topic: section
subject: customer experience
  topic: keywords
subject: customer loyalty
  topic: keywords
subject: emotional experience
  topic: keywords
creator: Sujoko Sujoko
creator: Syarifah Syarifah
creator: Rakhmat Sigit Widodo
rights: Copyright (c) 2025 Sujoko Sujoko, Syarifah Syarifah, Rakhmat Sigit Widodo (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-11-15
publication date: 2025-11-15
starting page: 1
ending page: 10
doi: 10.62872/jkaa2823

The Role of Green Fiscal Policy in Supporting Green Governance and Green Economic Development
type: item
description: This article examines the strategic role of green fiscal policy in supporting governance and green economic development in Indonesia. This research uses a descriptive qualitative approach with data collection techniques through semi-structured interviews and documentation studies. The findings indicate that the implementation of green fiscal policy in Indonesia has progressed through instruments such as carbon taxes, green sukuk issuance, and climate budget tagging. These policies not only aim to restructure the fiscal structure towards sustainability but also encourage more transparent, accountable, and collaborative governance. Although still facing challenges such as resistance to reducing fossil fuel subsidies and limited regional capacity, significant opportunities open up through the potential of the national green sector and global financing support. This study concludes that synergy between fiscal instruments, institutional reform, and cross-sectoral governance is key to realizing an inclusive and sustainable green economy.
subject: Articles
  topic: section
subject: green fiscal policy
  topic: keywords
subject: governance
  topic: keywords
subject: green economy
  topic: keywords
subject: climate budget tagging
  topic: keywords
subject: sustainable development
  topic: keywords
creator: Loso Judijanto
creator: Dzulfikri Azis Muthalib
rights: Copyright (c) 2025 Loso Judijanto, Dzulfikri Azis Muthalib (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-07-29
publication date: 2025-07-29
starting page: 45
ending page: 52
doi: 10.62872/seqntv12

The Influence of Product Quality, Member Satisfaction, and Brand Image on Member Loyalty of the Baitul Tamwil Muhammadiyah Mulia Sharia Consumer Cooperative
type: item
description: Competition in the world of the sharia cooperative industry requires administrators to work harder to maintain the loyalty of members so that they do not move to other competitors. So it is important for the management to know the factors that can affect the loyalty of its members. The purpose of this study is to determine the influence of product quality variables, member satisfaction, and brand image on the loyalty of members of the Sharia Consumer Cooperative (KKS) Baitul Tamwil Muhammadiyah (BTM) Mulia partially and simultaneously. The sample used in this study was 98 samples selected by the purposive sampling method with the respondent criteria, namely active members of the KKS BTM Mulia and members who have purchased products or services more than once. The data were processed using multiple linear regression analysis techniques. Based on the test, it was found that member satisfaction and brand image had a positive and significant effect on the loyalty of KKS BTM Mulia members, while product quality had no effect on the loyalty of KKS BTM Mulia members. Product quality, member satisfaction, and brand image simultaneously have a positive and significant effect on the loyalty of KKS BTM Mulia members.
subject: Articles
  topic: section
subject: Product Quality
  topic: keywords
subject: Member Satisfaction
  topic: keywords
subject: Brand Image
  topic: keywords
subject: Loyalty
  topic: keywords
subject: KKS BTM Mulia
  topic: keywords
creator: Alfain Jalaluddin Ramadlan
creator: Farokhah Muzayinatun Niswah
creator: Dita Pratiwi Kusumaningtyas
creator: Elvina Assadam
rights: Copyright (c) 2025 Alfain Jalaluddin Ramadlan, Farokhah Muzayinatun Niswah, Dita Pratiwi Kusumaningtyas, Elvina Assadam (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-07-27
publication date: 2025-07-27
starting page: 37
ending page: 44
doi: 10.62872/3v54x542

The Role of Zakat Institutions in Improving the Community's Economy
type: item
description: This study aims to analyze the role of zakat institutions in improving the community's economy through various empowerment programs. The research method used is a qualitative approach with a case study design. Data were collected through in-depth interviews with zakat institution managers, beneficiary mustahik, and community leaders, supplemented by documentation studies and field observations. The results show that zakat institutions contribute significantly to increasing the income and independence of mustahik through programs such as business capital assistance, skills training, and business mentoring. Some mustahik have even succeeded in improving their standard of living and becoming muzakki. However, zakat institutions still face challenges such as limited funds, low financial literacy among mustahik, and the need for innovation in empowerment programs. This study recommends the need to strengthen collaboration between zakat institutions and the government, the private sector, and academics to expand the socio-economic impact of zakat management.
subject: Articles
  topic: section
subject: Zakat
  topic: keywords
subject: Economic Empowerment
  topic: keywords
subject: Mustahik
  topic: keywords
subject: Welfare
  topic: keywords
creator: Sumadi Buton
rights: Copyright (c) 2025 Sumadi Buton (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-07-24
publication date: 2025-07-24
starting page: 28
ending page: 36
doi: 10.62872/wzpe0y90

Productive Waqf Development Strategy to Advance Education and Health in the Bangka Belitung Islands Province
type: item
description: Waqf is one of the important instruments in Islamic economics that has a strategic role in the social development of society, especially in the fields of education and health, in the Bangka Belitung Islands Province, the potential for waqf is quite large with more than 1,377 plots of waqf land spread across various regions but its management is still dominated by a consumptive approach and has not been developed productively, this article aims to examine the strategy of developing productive waqf as an alternative solution for financing education and health development, especially in areas that still have limited access to basic services. This study uses a descriptive qualitative approach with data collection methods through in-depth interviews, observation, and documentation. Research informants consist of waqf nazhir, community leaders, academics and related parties from the Ministry of Religious Affairs as well as waqf-based educational and health institutions. Data analysis was carried out with a thematic approach through the stages of data reduction, data presentation, and drawing conclusions. The research results show that low public literacy, unequal training for nazhir, and incomplete legality of waqf assets are the main obstacles in the development of productive waqf. However, there are initiatives that can serve as pilot models, such as the productive waqf incubation program by the KUA in East Belitung and South Belitung, and the management of oil palm agricultural waqf in Bedengung Village. The research also found that multi-stakeholder collaboration, management transparency, and digital technology support play a significant role in encouraging sustainable productive waqf. Thus, the strategy for developing productive waqf in Bangka Belitung requires synergy between the government, nazhir, the community, and the private sector through asset legalization, increasing public literacy, nazhir training, and the integration of waqf into regional economic program…
subject: Articles
  topic: section
subject: Productive Waqf
  topic: keywords
subject: Development Strategy
  topic: keywords
subject: Nazhir
  topic: keywords
subject: Islamic Economics
  topic: keywords
creator: Efendi Sugianto
rights: Copyright (c) 2025 Efendi Sugianto (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-07-19
publication date: 2025-07-19
starting page: 9
ending page: 18
doi: 10.62872/t8be8578

Analysis of the Relationship between Sharia Investment and Macroeconomic Growth: An Empirical Study in Indonesia
type: item
description: This study aims to analyze the relationship between Islamic investment and macroeconomic growth in Indonesia using a qualitative approach through an exploratory descriptive design. Data were collected through in-depth interviews with academics, Islamic finance practitioners, regulators, and economic observers, supplemented by documentation studies from various official sources such as the Financial Services Authority (OJK), Statistics Indonesia (BPS), and Bank Indonesia. The results indicate that Islamic investment contributes positively to driving macroeconomic growth, particularly through financing the real sector and infrastructure development supported by sovereign sukuk instruments. The application of Islamic principles based on ethics, fairness, and the prohibition of usury contributes to creating a sustainable and inclusive investment ecosystem. Islamic investment also has a multiplier effect on the economy by strengthening MSMEs, creating jobs, and improving public welfare. However, the development of Islamic investment still faces several challenges, such as low levels of public literacy regarding Islamic finance, limited investment product variety, and the need for regulations that are more adaptive to global market dynamics. Therefore, closer synergy is needed between the government, regulators, industry players, and academics to strengthen the sharia investment ecosystem and optimize its role in inclusive and sustainable national economic development.
subject: Articles
  topic: section
subject: Sharia Investment
  topic: keywords
subject: Economic Growth
  topic: keywords
subject: Sharia Finance
  topic: keywords
subject: Indonesian Economy
  topic: keywords
creator: Ahmad Muqorrobin
creator: Adi Putra
creator: Yunie Rahayu
rights: Copyright (c) 2025 Ahmad Muqorrobin, Adi Putra, Yunie Rahayu (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-07-23
publication date: 2025-07-23
starting page: 19
ending page: 27
doi: 10.62872/t9ea5397

Optimization Strategy for Zakat Collection and Distribution in the Digital Era
type: item
description: This study aims to analyze the strategy for optimizing zakat collection and distribution in the digital era, especially in the context of efficiency, transparency, and service reach. The background of this study is the still low realization of zakat collection compared to the very large national potential, as well as the challenges of unequal zakat distribution. The research method used is qualitative descriptive with data collection techniques in the form of in-depth interviews, document studies, and secondary data analysis from zakat institutions and other relevant sources. The results of the study show that digitalization of zakat through applications, e-wallets, and online payment systems can increase ease of access for muzakki and expand the reach of distribution to mustahik. Transparency of digital reports also encourages public trust, while infrastructure challenges and digital literacy remain obstacles that need to be overcome. This study emphasizes the importance of collaboration between the government, zakat institutions, and the technology sector to build an effective zakat system in the digital era.The findings of this study indicate that the use of digital technology, such as mobile-based zakat applications, QRIS systems, e-wallets, and online payments, have made a real contribution to increasing ease of access for muzakki and streamlining the zakat fund collection process. Furthermore, zakat distribution has become more structured and more widely accessible due to the integration of data and technology-based tracking systems. In addition, the transparency of real-time digital reports has been proven to increase the level of public trust in zakat institutions. However, this study also found that infrastructure challenges, technological gaps between regions, and low digital literacy, both among zakat managers and recipients, are still serious obstacles in efforts to optimize the digital zakat system.
subject: Articles
  topic: section
subject: digital zakat
  topic: keywords
subject: distribution
  topic: keywords
subject: collection
  topic: keywords
subject: strategy
  topic: keywords
subject: optimization
  topic: keywords
creator: Efendi Sugianto
rights: Copyright (c) 2025 Efendi Sugianto (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-07-14
publication date: 2025-07-14
starting page: 1
ending page: 8
doi: 10.62872/06dvjr47

Islamic Economic Transformation in the Digital Era: Opportunities and Challenges
type: item
description: The digital era has driven significant changes in various economic sectors, including in the development of Islamic economics. This study aims to examine the opportunities and challenges of Islamic economic transformation in the context of digitalization using the Systematic Literature Review (SLR) method. Data were obtained from selected academic literature published between 2019 and 2024, which were then analyzed using thematic coding techniques. The results of the study indicate that digitalization offers great opportunities to increase Islamic financial inclusion, expand market reach, and introduce innovations such as Islamic fintech, blockchain, and waqf-based crowdfunding. However, a number of challenges have emerged, such as regulatory uncertainty, low Islamic digital financial literacy, and cybersecurity risks. This study concludes that the success of Islamic economic transformation in the digital era is highly dependent on the synergy between adaptive regulations, technological innovations that are in accordance with Islamic principles, and increasing digital literacy among Muslim communities. These findings are expected to be the basis for developing strategies to strengthen the Islamic economy in facing the dynamics of the digital-based global economy.
subject: Articles
  topic: section
subject: Islamic Economics
  topic: keywords
subject: Digital Transformation
  topic: keywords
subject: Sharia Fintech
  topic: keywords
subject: Financial Literacy
  topic: keywords
creator: Bella Mauris
rights: Copyright (c) 2024 Bella Mauris (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-07-27
publication date: 2024-07-27
starting page: 35
ending page: 41
doi: 10.62872/rp5wm547

Implementation of Sharia Principles in Microfinance: A Case Study in Indonesia
type: item
description: The purpose of this study is to analyze the implementation of sharia principles in microfinance in Indonesia through the Systematic Literature Review (SLR) approach. The SLR method was chosen because it allows researchers to collect and analyze various related literature systematically, in order to provide a comprehensive picture of the implementation of sharia principles in the microfinance sector in Indonesia. This study identifies relevant literature based on inclusion and exclusion criteria, focusing on studies published in the last 4-5 years that discuss the implementation of sharia principles in microfinance. Furthermore, a thematic analysis was conducted to identify patterns, trends, and challenges faced by sharia microfinance institutions in implementing sharia principles. The results of this study indicate that the implementation of sharia principles in microfinance in Indonesia has great potential to improve the economic welfare of the community, especially in terms of financial inclusion. However, significant challenges related to the community's understanding of sharia principles and the lack of supporting regulations are still major obstacles to its development. Nevertheless, sharia microfinance continues to show great potential in providing solutions for community economic empowerment. This study suggests the need for strengthening policies, increasing public education on sharia principles in microfinance, and product and service innovations that are more in line with market needs. The successful implementation of sharia principles is highly dependent on effective collaboration between financial institutions, government, and the community.
subject: Articles
  topic: section
subject: Islamic Microfinance
  topic: keywords
subject: Implementation of Islamic Principles
  topic: keywords
subject: Financial Inclusion
  topic: keywords
creator: Putri Agustina
rights: Copyright (c) 2024 Putri Agustina (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-07-25
publication date: 2024-07-25
starting page: 25
ending page: 34
doi: 10.62872/1tyxvb44

Analysis of the Effectiveness of Mudharabah and Musyarakah Financing Models in Islamic Financial Institutions
type: item
description: This study aims to analyze the effectiveness of the mudharabah and musyarakah financing models in Islamic financial institutions. The method used is the Systematic Literature Review (SLR), which allows researchers to evaluate and synthesize various relevant studies in order to obtain more comprehensive conclusions on the topic. SLR is conducted by collecting articles that discuss mudharabah and musyarakah financing and analyzing the factors that influence the effectiveness of both models. Literature searches are conducted through academic databases such as Google Scholar, Scopus, and JSTOR, with selected articles filtered based on predetermined inclusion and exclusion criteria. Relevant articles were published in the last five years and focused on Islamic financing. Researchers conducted a thematic analysis of selected articles to identify emerging themes related to the effectiveness of these two financing models. The results of the study indicate that the mudharabah and musyarakah models are effective as alternative financing for the MSME sector, allowing business actors to obtain capital without being trapped in interest obligations. However, the effectiveness of this model is highly dependent on good risk management, clarity of profit and loss sharing, and transparency and trust between Islamic financial institutions and customers. Therefore, Islamic financial institutions need to improve their supervision and risk management systems to ensure the successful implementation of this financing model.
subject: Articles
  topic: section
subject: Sharia financing
  topic: keywords
subject: mudharabah
  topic: keywords
subject: musyarakah
  topic: keywords
subject: inclusive finance
  topic: keywords
creator: Fatur Rahman Karim
rights: Copyright (c) 2024 Fatur Rahman Karim (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-07-25
publication date: 2024-07-25
starting page: 17
ending page: 24
doi: 10.62872/jazvdw68

The Role of Zakat and Waqf in Encouraging Sustainable Economic Growth
type: item
description: This study aims to examine the role of zakat and waqf in driving sustainable economic growth with a focus on their contribution to wealth redistribution and socio-economic empowerment. The research method used is the Systematic Literature Review (SLR), which allows the collection and analysis of relevant studies published in the last five years (2019–2024) from various leading academic databases, such as Scopus, Web of Science, Google Scholar, and ProQuest. The SLR process involves several stages, starting from formulating research questions, developing literature search strategies, screening articles based on inclusion and exclusion criteria, to synthesizing key findings. The results of the study indicate that zakat and waqf play a significant role in driving sustainable economic growth through wealth redistribution mechanisms and socio-economic empowerment, with greater contributions when optimized through digitalization and management innovation. The synergy between zakat, waqf, and the national financial system as well as strengthening regulations and public literacy are key factors in increasing their impact. This study emphasizes the importance of cross-sectoral cooperation to ensure that zakat and waqf can be the main driving force in realizing fair, inclusive, and sustainable economic development.
subject: Articles
  topic: section
subject: Zakat
  topic: keywords
subject: Waqf
  topic: keywords
subject: Sustainable Economic Growth
  topic: keywords
subject: Wealth Redistribution
  topic: keywords
subject: Socio-Economic Empowerment
  topic: keywords
creator: Rahmat Habibi
rights: Copyright (c) 2024 Rahmat Habibi (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-07-27
publication date: 2024-07-27
starting page: 8
ending page: 16
doi: 10.62872/8wwzy236

Digital transformation in the Islamic economy: Innovations and challenges in 2025
type: item
description: This study aims to examine the role of digital transformation in supporting the development of the sharia economy, especially in terms of technological innovation and the challenges of its implementation until 2025. Digital transformation is considered an important element in driving operational efficiency, expanding financial inclusion, and strengthening the sustainability of an economic system based on Islamic values. This study uses the Systematic Literature Review (SLR) method, which is a systematic and structured approach to identifying, evaluating, and analyzing relevant scientific literature. The SLR process includes formulating research questions, determining inclusion and exclusion criteria, selecting databases such as Scopus, Google Scholar, and ScienceDirect, and thematic analysis of the results of the literature review. The results of the study show that various digital innovations such as sharia fintech, blockchain, and artificial intelligence (AI) have made significant contributions to increasing the efficiency and transparency of sharia financial services. However, this digitalization also presents a number of challenges such as unpreparedness of regulations, minimal technological fatwas, and low sharia digital literacy among the public. Therefore, collaboration between regulators, practitioners, academics, and scholars is needed to build a digital sharia economic ecosystem that is inclusive, safe, and in accordance with the principles of maqashid sharia
subject: Articles
  topic: section
subject: digital transformation
  topic: keywords
subject: sharia economy
  topic: keywords
subject: sharia fintech
  topic: keywords
subject: digital literacy
  topic: keywords
creator: Muflih Adi Laksono
creator: Rahmat Setiawan
creator: Nurhasanah Pasaribu
rights: Copyright (c) 2025 Muflih Adi Laksono, Rahmat Setiawan, Nurhasanah Pasaribu (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-25
publication date: 2025-03-25
starting page: 86
ending page: 100
doi: 10.62872/9sjn2h36

Building Ethical Business: Islam's Contribution to Facing Modern Economic Challenges
type: item
description: This study aims to examine the contribution of Islamic business ethics in facing modern economic challenges and how these ethical principles can help build ethical businesses. The method used is Systematic Literature Review (SLR), which aims to identify, evaluate, and synthesize findings from literature relevant to this topic. The first step is to formulate research questions related to modern economic challenges and the contribution of Islamic business ethics. Next, relevant literature is selected with inclusion and exclusion criteria, and then analyzed to provide a deep understanding of the solutions offered by Islam. The results of the study show that Islamic business ethics emphasizes moral principles such as honesty (ṣidq), justice ('adl), amanah, and social responsibility. Business in an Islamic perspective is not only oriented towards material profit, but also aims to obtain blessings and social welfare. These principles prohibit detrimental practices such as usury, gharar, and maysir, and encourage the implementation of zakat, infaq, and waqf to overcome economic inequality. In addition, the application of sharia principles in modern business, as applied by sharia fintech and halal marketplace, shows that businesses can operate ethically and have a positive impact on society. Thus, this study underlines the importance of implementing Islamic business ethics to create sustainable, ethical, and fair businesses, as well as a relevant model for public policy in facing global economic challenges.
subject: Articles
  topic: section
subject: Islamic business ethics
  topic: keywords
subject: modern economic challenges
  topic: keywords
subject: sharia principles
  topic: keywords
subject: honesty
  topic: keywords
subject: justice
  topic: keywords
subject: trustworthiness
  topic: keywords
creator: Ika Hartika
creator: Masruri Masruri
creator: Nurhikmah Nurhikmah
creator: Sitti Aisya
rights: Copyright (c) 2025 Ika Hartika, Masruri Masruri, Nurhikmah Nurhikmah, Sitti Aisya (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-26
publication date: 2025-03-26
starting page: 101
ending page: 114
doi: 10.62872/v0vy2g13

The Role Of Islamic Capital Markets In Promoting Sustainable Investment
type: item
description: The Islamic capital market plays a strategic role in promoting sustainable investment by upholding Sharia principles based on ethics, justice, and sustainability. Sustainable investment in this context not only seeks financial returns but also considers the social and environmental impacts of investment decisions. As an alternative financing option aligned with Islamic principles, the Islamic capital market prohibits practices such as usury (riba), excessive uncertainty (gharar), and investments in sectors that contradict Islamic moral values. Financial instruments such as green sukuk offer solutions to support environmentally friendly and socially responsible projects. Additionally, the Islamic capital market encourages investment in companies that comply with Sharia principles and demonstrate a strong commitment to sustainability. This study aims to examine the contribution of the Islamic capital market in fostering more sustainable investments. By analyzing financial instruments and policies implemented in this sector, the study is expected to provide insights into the potential of the Islamic capital market as a tool for achieving investment goals that prioritize sustainability and align with the principles of Islamic economics.
subject: Articles
  topic: section
subject: Islamic Capital Market
  topic: keywords
subject: Islamic Finance
  topic: keywords
subject: Responsible Investment
  topic: keywords
subject: Sustainable Investmen
  topic: keywords
creator: Loso Judijanto
creator: Wahyudin Rahman
creator: Jaka darmawan
creator: Sagira Sagira
rights: Copyright (c) 2025 Loso Judijanto, Wahyudin Rahman, Jaka darmawan, Sagira Sagira (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-24
publication date: 2025-03-24
starting page: 33
ending page: 42
doi: 10.62872/z785w972

Islamic Business Ethics and Sustainability: Building a Business Based on Trust and Justice
type: item
description: This study discusses the relationship between Islamic business ethics and sustainability in building a business based on trust and justice. Using the Systematic Literature Review (SLR) method, this study explores various academic literature from databases such as Scopus, Google Scholar, and ScienceDirect. The analysis was conducted to understand how the principles of Islamic business ethics contribute to sustainability and how aspects of trust and justice support responsible business practices. The results of the study show that Islamic business ethics, which are based on the Qur'an and Hadith, emphasize the principles of honesty, justice, and responsibility in every transaction. This principle not only ensures the economic sustainability of the business but also supports social and environmental welfare. Islam prohibits the practices of usury, gharar, and maysir which are considered detrimental, and encourages profit-sharing systems such as mudharabah and musyarakah. Although there are challenges in implementing Islamic business ethics, such as fierce competition and the dominance of the conventional economic system, solutions that can be applied include increasing Islamic financial literacy and building a transparent and equitable business ecosystem. By implementing these principles, businesses not only gain halal profits but also provide benefits to society and the environment in a sustainable manner
subject: Articles
  topic: section
subject: Islamic business ethics
  topic: keywords
subject: sustainability
  topic: keywords
subject: trust
  topic: keywords
subject: justice
  topic: keywords
subject: sharia business
  topic: keywords
creator: Jamaluddin Jamaluddin
creator: M. Ridwan Mappaterru
creator: Putri Deflyanty S
creator: Anwar Anwar
rights: Copyright (c) 2025 Jamaluddin Jamaluddin, M. Ridwan Mappaterru, Putri Deflyanty S, anwar (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-25
publication date: 2025-03-25
starting page: 43
ending page: 52
doi: 10.62872/9s215b08

The Effect Of Preference As A Mediating Variable On Perceived Usefulness And Perceived Ease Of Use Towards The Use Of Mobile Banking In E-Commerce Study On Students In Malang City
type: item
description: The purpose of this study is to examine how students in Malang City use mobile banking for e-commerce in relation to perceived utility and perceived ease of use, using preference as a mediating variable. A survey technique combined with a quantitative approach is the methodology employed. Purposive sampling was used to choose 100 students who actively utilize mobile banking for the study sample. A questionnaire measuring the characteristics of preference, use, perceived utility, and perceived ease of use of mobile banking was used to gather data. Partial Least Squares-Structural Equation Modeling (PLS-SEM) was used to analyze the data and determine how the variables related to one another. The findings demonstrated that preference has a significant impact on the use of mobile banking in e-commerce, perceived usefulness has a significant impact on preference, perceived ease of use has a significant impact on preference, and perceived usefulness has a significant impact on e-commerce mobile banking use. However, perceived ease of use has no significant impact on e-commerce mobile banking use. The use of mobile banking in e-commerce is significantly impacted by perceived usefulness, which is somewhat mediated by preference. The adoption of mobile banking in e-commerce is heavily influenced by perceived ease of use, which is entirely mediated by preference. These results highlight how crucial it is for service providers to comprehend user preferences in order to enhance the advantages and The adoption of mobile banking in e-commerce is heavily influenced by perceived ease of use, which is entirely mediated by preference. These results highlight how crucial it is for service providers to comprehend customer preferences in order to enhance the advantages and usability of mobile banking
subject: Articles
  topic: section
subject: Perceived usefulness
  topic: keywords
subject: Perceived ease of use
  topic: keywords
subject: Preference
  topic: keywords
subject: Mobile banking
  topic: keywords
subject: E-commerce
  topic: keywords
creator: Nadia Ariba
creator: Yayuk Sri Rahayu
rights: Copyright (c) 2025 Nadia Ariba, Yayuk Sri Rahayu (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-18
publication date: 2025-03-18
starting page: 1
ending page: 13
doi: 10.62872/x32bjj60

The role of Islamic economics in improving social and economic welfare
type: item
description: This study aims to analyze the role of sharia economics in improving social and economic welfare through the Systematic Literature Review (SLR) approach. This method is carried out in a structured manner to collect, evaluate, and analyze literature relevant to the research topic. The first stage is to formulate research questions regarding the contribution of sharia economics in poverty alleviation and financial inclusion. Literature was collected from scientific databases such as Google Scholar, Scopus, and ScienceDirect with keywords related to sharia economics and social welfare. Literature selection is carried out based on inclusion and exclusion criteria to ensure quality and relevance. The data obtained was analyzed using a thematic analysis method, grouping the findings into main themes such as the role of zakat, Islamic banking, and the impact of waqf on the community's economy. Validation is carried out using the Critical Appraisal Skills Programme (CASP) tool to ensure the quality of the articles analyzed. The results of the study show that sharia economics plays a significant role in improving social and economic welfare with the principles of social justice, sustainability, and social responsibility. Instruments such as zakat, waqf, infaq, and alms contribute greatly to community empowerment and the reduction of economic disparities. However, the development of the Islamic economy still faces challenges such as lack of understanding, inadequate regulations, and competition with conventional economic systems. Therefore, education, regulatory improvement, and integration with the global market are needed to maximize the benefits of the sharia economy.
subject: Articles
  topic: section
subject: Sharia Economy
  topic: keywords
subject: Social Welfare
  topic: keywords
subject: Sharia Economic System
  topic: keywords
creator: Firdiyatul Jannah
creator: Siti Masrohatin
creator: Retna Anggitaningsih
rights: Copyright (c) 2025 Firdiyatul Jannah, Siti Masrohatin, Retna Anggitaningsih (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-26
publication date: 2025-03-26
starting page: 53
ending page: 62
doi: 10.62872/1bm67w34

Systematic Literature Study on the Role of Islamic Economics in Sustainable Economic Development
type: item
description: This study aims to examine the role of Islamic economics in supporting sustainable economic development through the Systematic Literature Review (SLR) approach. The SLR method is used to systematically identify, evaluate, and synthesize relevant literature on the contribution of Islamic economics to the sustainable development goals (SDGs). The review process begins with formulating the main research question, as well as establishing inclusion and exclusion criteria that include publications between 2020 and 2025, available in full-text form, and focusing on Islamic economics and sustainability issues. The results of the study show that Islamic economics is closely related to the principles of sustainability, such as justice, balance, social responsibility, and the prohibition of detrimental economic practices. Islamic economic instruments such as zakat, infaq, sedekah, waqf, and sharia-based financing play an important role in creating an inclusive, fair, and social welfare-oriented economic system. In addition, Islamic banks and Islamic social finance also encourage sustainable financing of the real sector and MSMEs, including through innovations such as green sukuk and productive waqf. Thus, sharia economics has proven to be a strategic and applicable framework in realizing fair, inclusive and sustainable economic development
subject: Articles
  topic: section
subject: Sharia economy
  topic: keywords
subject: sustainable development
  topic: keywords
subject: economic justice
  topic: keywords
subject: productive waqf
  topic: keywords
creator: M Hikam Fauzan Arifin
creator: Moch Chotib
creator: Ahmadiono Ahmadiono
rights: Copyright (c) 2025 M Hikam Fauzan Arifin, Moch Chotib, Ahmadiono Ahmadiono (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-27
publication date: 2025-03-27
starting page: 74
ending page: 85
doi: 10.62872/jz8md345

Halal Value Chain Analysis in Poultry Slaughterhouse UD. Mandiri Bu Warni in Gambiran - Banyuwangi
type: item
description: This study aims to analyze halal values ​​in the value chain of the UD Poultry Slaughterhouse industry. Independent Mrs. Warni. The methods used in this research include direct observation, interviews, and document analysis related to the production process. The results showed that UD. Mandiri Bu Warni has carried out the process well, starting from the supply of chicken, halal slaughter, to delivery to consumers. However, UD. Mandiri has not fully maintained the purity of chicken meat, because it is only cleaned with water to make it look clean. In addition, UD. Mandiri Bu Warni also has not used packaging that has a halal label, even though it already has a halal certificate which is currently still in the process of being extended. Therefore, this research contributes to the development of the Poultry Slaughterhouse industry by applying the value chain and halal principles
subject: Articles
  topic: section
subject: Halal Value Chain
  topic: keywords
subject: Poultry Slaughter house
  topic: keywords
creator: Siti Nur Hafifatul Hasanah
creator: Abdul Rokhim
creator: Siti Masrohatin
rights: Copyright (c) 2025 Siti Nur Hafifatul Hasanah, Abdul Rokhim, Siti Masrohatin (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-21
publication date: 2025-03-21
starting page: 25
ending page: 32
doi: 10.62872/awmq6n55

Economic Justice in the Perspective of Sharia: Solutions to Facing Social Inequality
type: item
description: This study aims to analyze the concept of economic justice from a sharia perspective and explore its application as a solution to the increasing social inequality in society. Economic justice in Islam is a fundamental principle that emphasizes the fair distribution of resources, protection of vulnerable groups, and equal access to economic opportunities. To achieve these goals, this study uses the Systematic Literature Review (SLR) method, which is a structured and systematic approach to identifying, evaluating, and synthesizing scientific literature relevant to the research topic. This method is used to gain a comprehensive understanding of sharia principles such as monotheism, justice ('adl), balance (tawazun), and social responsibility that are the basis for creating a just economic system. The results of the study show that Islamic economic justice is realized through wealth distribution instruments such as zakat, infaq, shadaqah, and waqf, as well as the prohibition of exploitative economic practices such as usury, gharar, and maysir. The current social and economic inequality is caused by various structural factors, including uneven distribution of assets, educational inequality, and a discriminatory economic system. Therefore, the implementation of a sharia-based economic system is a relevant and applicable solution in overcoming social inequality. This approach has proven effective through the application of models such as Baitul Maal wat Tamwil (BMT), sharia cooperatives, and productive waqf, which are able to build an inclusive, sustainable, and equitable economic system. Thus, sharia economics is not only normative in value, but is also able to answer contemporary socio-economic challenges practically
subject: Articles
  topic: section
subject: Economic Justice
  topic: keywords
subject: Islamic Economics
  topic: keywords
subject: Social Inequality
  topic: keywords
creator: Mukarromatul Isnaini
creator: Munir Is'adi
creator: Ahmadiono Ahmadiono
rights: Copyright (c) 2025 Mukarromatul Isnaini, Munir Is'adi, Ahmadiono Ahmadiono (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-27
publication date: 2025-03-27
starting page: 63
ending page: 73
doi: 10.62872/7fxc1851

The Concept of Maqashid Sharia According to Ibn Taymiyyah and Ibn Qayyim Al-Jauziyah and Its Implementation in Economics
type: item
description: Ibn Taymiyyah and Ibn Qayyim al-Jawziyyah were influential Islamic scholars and thinkers who shared a mentor-student relationship. Both scholars contributed significantly to the discourse on maqasid al-shariah (objectives of Islamic law) and Islamic economics. This study aims to explore their perspectives on maqasid al-shariah and its application in economics. A qualitative descriptive method was employed, with data collection through an extensive literature review. The findings reveal that Ibn Taymiyyah categorized maqasid al-shariah into three main components: al-maqsud al-‘azam (the supreme objective), al-maqasid al-asasiyyah (the fundamental objectives), and al-maqasid al-furuiyah (the subsidiary objectives). Conversely, Ibn Qayyim al-Jawziyyah categorized maqasid al-shariah into three classifications: ta’lil al-ahkam (rationale of rulings), daruriyyat al-khams (the five essentials), and taghayyur al-fatwa wa ikhtilafuha (variation in legal opinions) based on changes in time, place, circumstances, intentions, and customs. In the context of economics, Ibn Taymiyyah emphasized the practical application of maqasid al-shariah in market mechanisms, price regulation, and property rights. Meanwhile, Ibn Qayyim al-Jawziyyah focused on the philosophical dimensions of Islamic economics, addressing issues such as wealth distribution, poverty alleviation, and the economic significance of zakat
subject: Articles
  topic: section
subject: Maqasid Shariah
  topic: keywords
subject: Islamic Economics
  topic: keywords
subject: Ibn Taymiyyah
  topic: keywords
subject: Ibn Qayyim al-Jawziyyah
  topic: keywords
creator: Muhammad Faiq Abdullah Syafie
creator: Muhajirin Muhajirin
rights: Copyright (c) 2025 Muhammad Faiq Abdullah Syafie, Muhajirin Muhajirin (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2025-03-18
publication date: 2025-03-18
starting page: 14
ending page: 24
doi: 10.62872/xwkkxp07

The Role of Retail Sukuk in Development and Investment Financing: Ibn Khaldun's Perspective in the State Economy
type: item
description: This article examines the role of retail sukuk as a sharia financial instrument in supporting development and investment financing, by integrating the perspective of Ibn Khaldun's economic thought. Retail sukuk functions as an alternative financing that involves direct community participation, while supporting the realization of sustainable development projects, such as infrastructure, education, and health. In Ibn Khaldun's view, a country's economic development requires a balance between the role of the government and community contributions. The principles of justice and transparency inherent in retail sukuk are in line with the concept of wealth distribution and inclusive economic management in Ibn Khaldun's theory. This article also highlights how the implementation of retail sukuk can encourage economic growth, expand the investor base, and create social stability through a more equitable distribution of benefits. By integrating sharia principles and moral values taught by Ibn Khaldun, retail sukuk can be a strategic instrument in building a just and sustainable economy. This research offers a new perspective on the synergy between classical thinking and modern financial innovation to support national economic development.
subject: Articles
  topic: section
subject: Retail Sukuk
  topic: keywords
subject: Development Financing
  topic: keywords
subject: Investment
  topic: keywords
subject: Islamic Economicst
  topic: keywords
subject: Ibn Khaldun
  topic: keywords
subject: Wealth Distribution
  topic: keywords
subject: Social Stability
  topic: keywords
subject: Sustainable Developmen
  topic: keywords
creator: Fadhil Wafa
creator: Rohmah Maulidia
rights: Copyright (c) 2024 Fadhil Wafa, Rohmah Maulidia (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-11-27
publication date: 2024-11-27
starting page: 35
ending page: 46
doi: 10.62872/e2x3rz90

IKN: West Kalimantan's Golden Bridge of Sharia Economy Towards The International Market
type: item
description: This study explores the potential of the development of the National Capital City (IKN) in East Kalimantan as a catalyst for the development of the sharia economy in West Kalimantan (Kalbar) in order to expand access to the international market. As a country with the largest Muslim population in the world, Indonesia has a great opportunity to optimize the sharia economy, which continues to grow significantly at the global and national levels. West Kalimantan, with its rich natural resources and strategic geographical position, has strong potential to become a regional center for the sharia economy. However, challenges such as low sharia financial literacy and limited connecting infrastructure still hinder the optimization of this potential. This study uses a descriptive qualitative method with a phenomenological approach to understand the perspectives of key stakeholders, including local governments, sharia entrepreneurs, and sharia finance practitioners in West Kalimantan, regarding the impact of the development of the IKN on the sharia economy. Data were collected through in-depth interviews, participant observation, and analysis of related documents. The results of the study show that the development of the IKN opens wider access for West Kalimantan's sharia products and services to enter the international market, especially through increasing infrastructure connectivity and synergy with neighboring countries that have a strong sharia economic base, such as Malaysia and Brunei Darussalam. This study makes an important contribution in filling the knowledge gap regarding the relationship between infrastructure development and the internationalization of the sharia economy. In addition, the results of this study can be a reference for policy makers in designing effective strategies to make West Kalimantan a leading center for the sharia economy in Southeast Asia, utilizing the momentum of the IKN development to open up new opportunities in the global market
subject: Articles
  topic: section
subject: Sharia Economy
  topic: keywords
subject: IKN
  topic: keywords
subject: West Kalimantan
  topic: keywords
subject: Infrastructure
  topic: keywords
subject: International Market
  topic: keywords
creator: Reni Helvira
rights: Copyright (c) 2024 Reni Helvira (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-11-27
publication date: 2024-11-27
starting page: 19
ending page: 26
doi: 10.62872/b16zxz40

Transformation and Innovation in Islamic Economics: Responding to Challenges in the Digital and Globalization Era
type: item
description: The Islamic economy has undergone significant development in recent decades, especially with the digital transformation and globalization affecting various economic sectors. These changes bring new challenges to the sharia economy, but they also open up opportunities for innovation and increased relevance. This research aims to analyze how digital transformation and innovation can help the Islamic economy overcome challenges in the modern era. With the Systematic Literature Review (SLR) approach, this study identifies various strategies and practices that have been implemented to improve the competitiveness of the sharia economy in the midst of global changes. The results of the study show that the integration of digital technology, such as sharia fintech and blockchain, is one of the important factors in encouraging the efficiency and transparency of sharia economic transactions, especially in the context of the global market. In addition, increasing Islamic financial literacy is also the key to ensuring that the public understands and can access financial products in accordance with sharia principles. International collaboration is also needed to create a more inclusive and sustainable sharia economic ecosystem. Overall, this study emphasizes that adaptation to digital technology and increased global collaboration are important steps in maintaining the relevance of the sharia economy in the era of increasingly digital and globalization
subject: Articles
  topic: section
subject: Islamic Economy
  topic: keywords
subject: Digital Transformation
  topic: keywords
subject: Innovation
  topic: keywords
subject: Globalization
  topic: keywords
creator: Siti Ahdina Saadatirrohmi
creator: Pramudi Harsono
creator: Asri Ady Bakri
rights: Copyright (c) 2024 Siti Andina Saadatirrohmi, Pramudi Harsono, Asri Ady Bakri (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-11-27
publication date: 2024-11-27
starting page: 11
ending page: 18
doi: 10.62872/m12p3y52

Bank Indonesia's Strategy in Accelerating Sharia Economic Growth
type: item
description: Seconomy has become an integral part of the Indonesian economic system, especially after the implementation of policies that support the sustainability of this sector. In an effort to accelerate the growth of the sharia economy, Bank Indonesia (BI) plays an important role with various strategic policies implemented to strengthen this sector. The strategies implemented by BI not only include monetary policy, but also financial inclusion, development of the sharia capital market, and strengthening of sharia financial institutions. This study aims to explore more deeply the efforts of Bank Indonesia in encouraging the development of the sharia economy and its impact on overall economic growth. The research method used in this study is a qualitative descriptive approach with analysis of literature studies and relevant secondary data. Based on the analysis conducted, the strategies implemented by Bank Indonesia have proven effective in increasing the contribution of the sharia economy sector to Indonesia's Gross Domestic Product (GDP). Bank Indonesia, through comprehensive policies, provides significant impetus for the growth of the sharia economy, both in terms of macroeconomic policies and the real sector.
subject: Articles
  topic: section
subject: Bank Indonesia
  topic: keywords
subject: Economic Growth
  topic: keywords
subject: Sharia Economy
  topic: keywords
subject: Sharia Policy
  topic: keywords
creator: Ahmad Said
creator: Eko Susanto
rights: Copyright (c) 2024 Ahmad Said, Eko Susanto (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-11-27
publication date: 2024-11-27
starting page: 27
ending page: 34
doi: 10.62872/1p7ps815

The Role of Zakat and Waqf in the Economic Empowerment of the People in the Digital Era
type: item
description: Zakat and waqf have an important role in strengthening the ummah's economy and building community welfare. In the digital era, this role is increasingly strategic with the existence of various innovations and digital platforms that facilitate the collection, management, and distribution of zakat and waqf. This research aims to analyze the role of zakat and waqf in empowering the people's economy in Indonesia, especially through the use of digital technology. This research method uses a qualitative approach with data collection techniques in the form of literature studies and secondary data analysis related to zakat and waqf digital platforms in Indonesia. The results show that digital technology enables more efficient, transparent, and accountable distribution of zakat and waqf, as well as expanding the reach of beneficiaries. In addition, digitalization also helps increase public awareness of the importance of zakat and waqf in strengthening the economic independence of the ummah. The use of applications and websites in the collection of zakat and waqf funds shows an increase in community participation, especially the younger generation, in supporting social activities and economic empowerment. The conclusion of this study emphasizes the importance of collaboration between zakat and waqf management institutions, the government, and the technology sector to encourage the development of digital platforms that can increase the effectiveness and impact of zakat and waqf in empowering the people's economy.
subject: Articles
  topic: section
subject: Digitalization of Zakat
  topic: keywords
subject: Digitalization of Waqf
  topic: keywords
subject: Economic Empowerment of the Umma
  topic: keywords
subject: Islamic Economics
  topic: keywords
creator: Reza Ronaldo
creator: Abiyajid Bustami
creator: Edy Setiawan
creator: Sumadi Buton
rights: Copyright (c) 2024 Reza Ronaldo, Abiyajid Bustami, Edy Setiawan, Sumadi Buton (Author) https://creativecommons.org/licenses/by-sa/4.0
date: 2024-11-27
publication date: 2024-11-27
starting page: 1
ending page: 10
doi: 10.62872/tx9mnw19