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All Journal Journal of Islamic Monetary Economics and Finance FiTUA : Jurnal Studi Islam International Journal of Waqf
Fatoni, Ahlis
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Religion Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences Other

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Waqf-based Waste Management: A Proposed Model in Indonesia Riani, Ririn; Fatoni, Ahlis
International Journal of Waqf Vol. 3 No. 2 (2023): International Journal of Waqf
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/ijw.v3i2.404

Abstract

Indonesia is now facing critical environmental problems, in addition to cases of growing waste, deforestation of scale such as air pollution, and lack of air supply and air services, raining down on Indonesia for some serious irregularities and deficiencies in environmental management. These serious issues must be addressed, and appropriate solutions must be implemented to reduce disaster risks and promote the growth of a better and more sustainable country. Since Islam is the main religion for the Indonesian people, an Islamic approach will be encouraged to solve this problem. Previous researchers requested that waqf is the most important Islamic legal entity that can be used for this purpose. Sustainable and integrated waste management or ISWM/Integrated Sustainable Waste Management focuses on waste management as a multi-actor. Waqf can contribute to long-term management that is used to manage and manage waste. Waqf institutions and others have pioneered some of these innovative schemes, but they have been massively implemented. So, this research will examine the concept of Waqf-Based Waste Management.
REVISITING ANALYSIS OF THE ROOT CAUSES ON FINANCIAL CRISIS IN ISLAMIC PERSPECTIVE Luik, Mega T.R.; Fatoni, Ahlis
Journal of Islamic Monetary Economics and Finance Vol 4 No 1 (2018)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (668.712 KB) | DOI: 10.21098/jimf.v4i1.745

Abstract

Steady financial system stability is important in an economy. The financial crisis showed a constantly recurring problem that has not been resolved completely. Macroprudential policy which became the term savior after the subprime mortgage crisis was essentially a temporary not eliminate the root causes of the problems of the financial crisis. This study attempts to revise the root causes of the financial crisis in the perspective of Islam by using three approaches namely Vector Error Correction Model (VECM), Error Correction Model (ECM), and Distributed-Lag Autoregressive (ARDL). The result of this study that the consistence of ribâ (interest rate) variable as the main factor of crisis; ribâ increases the inflation and decreases the growth. The IRF (impluse response function) result and FEVD (forcast error varian decomposition) show 21.87% interest rate (INT) increases the inflation and decreases the growth by 9.5%, while profit-loss sharing (PLS) variable contributes to decreases the inflation by 0.02% and increases the growth by 0.61%, reciprocally with ECM approach that interest rate (INT) has positive effect to inflation and negative effect to growth (financial crisis) vice versa PLS sicnificantly has negative effect to inflation and positive effect to grwoth, whereas ARDL approach shows that PLS increases the grwoth at long and short run but also increases the inflation at long run. Another conventional variabels consistantly contribut to financial crisis acording to all aproachs; volatile food (VFP) and administred price (ADM).
EMPOWERING FARMERS' INDEPENDENCE AND BOOSTING LOCAL ECONOMY THROUGH REGENERATIVE FARMING AND ISLAMIC CONTRACTS IN GOA VILLAGE, WEST SUMBAWA Fatoni, Ahlis; Luik, Mega TR; Sa’ad, Auwal Adam; Azan, Ferdi Zanuar
FiTUA: Jurnal Studi Islam Vol 4 No 2 (2023): December
Publisher : STIT Sunan Giri Bima

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47625/fitua.v4i2.538

Abstract

With the growth of global Industrialization, the village relies on the agricultural sector to sustain its economy. However, the current conventional agriculture practice cannot be separated from industrialized. This can be seen from farmers' dependence on input materials such as seeds, synthetic fertilizers, and synthetic pesticides. Industrialists then use the powerlessness of these farmers to continue to make them dependent and require planting costs that can be avoided, especially concerning these inputs. In Islam, the farmer is called fallahun, which means success, glory, and happiness. Through regenerative farming, farmers' problems related to dependence on planting inputs can be reduced or even eliminated. Besides, it can also develop the local economy and be ensured that regenerative farming cannot cause environmental damage as caused by conventional farming. In addition, Islam is very concerned with the development of agriculture, which is marked by the availability of specific agricultural contracts, such as musaqah, muzara'ah, and mukhabarah, also other partnership contracts, such as mudharabah and musyarakah. Therefore, this paper will discuss how Islam views conventional agriculture and how farmers can gain independence through regenerative farming and Islamic understanding, which can boost the local economy. This qualitative study uses the descriptive-analytical method and a literature review. The results of this research show that a combination of regenerative agriculture and Islamic contracts can be a powerful way to boost the local economy of Goa village.
REVISITING ANALYSIS OF THE ROOT CAUSES ON FINANCIAL CRISIS IN ISLAMIC PERSPECTIVE Luik, Mega T.R.; Fatoni, Ahlis
Journal of Islamic Monetary Economics and Finance Vol. 4 No. 1 (2018)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v4i1.745

Abstract

Steady financial system stability is important in an economy. The financial crisis showed a constantly recurring problem that has not been resolved completely. Macroprudential policy which became the term savior after the subprime mortgage crisis was essentially a temporary not eliminate the root causes of the problems of the financial crisis. This study attempts to revise the root causes of the financial crisis in the perspective of Islam by using three approaches namely Vector Error Correction Model (VECM), Error Correction Model (ECM), and Distributed-Lag Autoregressive (ARDL). The result of this study that the consistence of ribâ (interest rate) variable as the main factor of crisis; ribâ increases the inflation and decreases the growth. The IRF (impluse response function) result and FEVD (forcast error varian decomposition) show 21.87% interest rate (INT) increases the inflation and decreases the growth by 9.5%, while profit-loss sharing (PLS) variable contributes to decreases the inflation by 0.02% and increases the growth by 0.61%, reciprocally with ECM approach that interest rate (INT) has positive effect to inflation and negative effect to growth (financial crisis) vice versa PLS sicnificantly has negative effect to inflation and positive effect to grwoth, whereas ARDL approach shows that PLS increases the grwoth at long and short run but also increases the inflation at long run. Another conventional variabels consistantly contribut to financial crisis acording to all aproachs; volatile food (VFP) and administred price (ADM).
Co-Authors Azan, Ferdi Zanuar Luik, Mega T.R. Luik, Mega TR Riani, Ririn Sa’ad, Auwal Adam