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From Marginalization to Recognition: The Impact of Islamic Political Economy on Indonesia's Islamic Economy During the New Order Hamid, Ahmad Munir; Fitrianto, Achmad Room; Ahmed, Ishfaq
Economica: Jurnal Ekonomi Islam Vol. 15 No. 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2024.15.1.20305

The New Order era (1966–1998) marks a pivotal period in Indonesia's political and economic history. This study examines the influence of Islamic political economy on the evolution of Islamic economy during this time, using a literature review to explore how political dynamics and economic policies shaped its development. The findings reveal that Islamic political economy faced significant challenges due to the New Order government's focus on capitalist and industrial-oriented policies, which often marginalized sharia-based economic systems. For instance, the Islamic banking sector struggled to expand as regulations were more favorable to conventional banks. Despite these obstacles, intellectual groups and scholars sought to integrate Islamic principles into national policies, with the establishment of Islamic financial institutions like Bank Muamalat Indonesia in 1991 serving as a milestone. By the end of the New Order era, there was a noticeable increase in public interest and awareness of Islamic economy, driven by political shifts and a growing desire for a fairer, Islamic-aligned economic system. Consequently, Islamic economics began to gain wider recognition, eventually becoming an integral part of the national economic framework.

Green Economy Development through Urban Farming: A Maqāṣid Sharī'ah Review Hidayat, Muhammad Syahrul; Hamid, Ahmad Munir
ADILLA : Jurnal Ilmiah Ekonomi Syari'ah Vol 7 No 2 (2024): Juli
Publisher : Universitas Islam Darul 'ulum Lamongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52166/adilla.v7i2.6398

This study aims to review the concept of Maqāṣid Sharī'ah in the context of green economy development through urban farming practices. Maqāṣid Sharī'ah, as a framework of Islamic ethics, provides a basis for understanding how Islamic principles can be implemented in an effort to improve economic sustainability through urban agriculture. This research uses literature analysis methods and case studies to explore Maqāṣid Sharī'ah concepts relevant to the development of a green economy. Special focus is given on how urban farming can be an effective instrument to achieve the goals of Maqāṣid Sharī'ah, such as the maintenance of religion, the maintenance of the soul, the maintenance of offspring, the maintenance of reason, and the maintenance of property. The results showed that urban farming practices can contribute positively to the fulfillment of Maqāṣid Sharī'ah's goals. In reality, urban farming not only creates new economic opportunities, but also maintains environmental sustainability, public health, and the distribution of economic justice. The implications of this research provide a foundation for the development of green economy policies and practices that are more in line with Islamic ethical values in the context of urban agriculture.

DIGITAL BRANDING STRATEGY FOR HALAL FASHION PRODUCTS IN INCREASING MARKETING Putri, Elensya Eka Shintya; Amarudin, Amin Awal; Ashlihah, Ashlihah; Ismail, Nurul Suhada; Hamid, Ahmad Munir
ADILLA : Jurnal Ilmiah Ekonomi Syari'ah Vol 8 No 1 (2025): Januari
Publisher : Universitas Islam Darul 'ulum Lamongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52166/adilla.v8i1.6630

Brands become things that can make an impression and keep consumers to be loyal customers. Building the right personal branding is the key to winning competition in the era of digitalization by doing digital branding. The aim of this research is to understand and describe the digital branding strategy that halal fashion products can enhance marketing. This research uses qualitative methods. It was carried out at Agen Rabbani Kota Jombang which is located at Jl. Kusuma Bangsa No. 73, Pulo Lor, Kec.Jombang, Kab. Jomban with primary and secondary data collection. Then a descriptive analysis of the data is carried out to draw conclusions. Based on the studies already carried out, the conclusion can be drawn that the digital branding strategy (X1) has a significant positive impact on marketing improvement. The results of research on halal fashion product variables (X2) have an impact on the implementation of digital Branding strategy in enhancing marketing at Agen Rabbani Kota Jombang.

Revolusi Ekonomi Umat dengan Fintech Syariah: Analisis dan Peluang Hamid, Ahmad Munir; Rohmaningtyas, Nurwinsyah
ADILLA : Jurnal Ilmiah Ekonomi Syari'ah Vol 7 No 2 (2024): Juli
Publisher : Universitas Islam Darul 'ulum Lamongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52166/adilla.v7i2.6738

This research explains the opportunities that Indonesia has as one of the countries with the largest number of sharia fintech in the world, which reached 61 companies in 2021. The study also discusses regulations and business models that can support the development of sharia fintech in Indonesia, given the importance of a clear legal framework to maintain trust and compliance with sharia principles. In addition, the analysis of public interest in sharia fintech shows that there is great potential for further development, although there are still challenges that need to be overcome such as financial literacy and access to technology. Overall, this study concludes that sharia fintech has great potential to support the economic empowerment of the people through inclusive and sharia-compliant financial services. However, to realize this potential, collaboration between the government, industry players, and the community is needed to create an ecosystem that is conducive to the development of sharia fintech.

Professional Zakat and Social Transformation: an Analysis of The Economic Empowerment Policy of The Baitul Maal Foundation of Bank Rakyat Indonesia (YBM BRI) Hamid, Ahmad Munir; Arifin, Sirajul; Ahmed, Ishfaq
IKONOMIKA Vol 9, No 1 (2024)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v9i1.22783

This study analyzes the role of Professional Zakat in social transformation through the economic empowerment policy of the Baitul Maal Foundation of Bank Rakyat Indonesia (YBM BRI). The research method uses a qualitative approach with data collection techniques through interviews and documentation studies. The results showed that YBM BRI has a strategic role in community economic empowerment through professional zakat. Through economic programs supported by zakat funds, YBM BRI has succeeded in providing training, business capital assistance, and coaching to the community to improve their economic independence. Policy analysis shows the importance of synergy between YBM BRI, the government, and the private sector in creating significant social impact. The implication of this research is the importance of continuing to increase the role of professional zakat in social transformation and inclusive economic development.

Innovative Approach to Women's Economic Empowerment Through MSMEs: A Case Study of Preneurlamongan Megilan in Maduran District Hamid, Ahmad Munir
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.5927

This research aims to analyze women's economic empowerment strategies through a community-based MSME program known as Thug (Preneur Lamongan Megilan) in Maduran District, Lamongan. This program is designed to improve women's skills, competitiveness, and economic independence through micro, small, and medium enterprises (MSMEs). This research will highlight the role of women in the local economy, the challenges faced, and the socio-economic impact of this empowerment on the well-being of families and communities. This study uses a qualitative method with a case study approach to explore the dynamics in the field. The results of this study are expected to provide deeper insight into women's contribution to local economic development and provide appropriate policy recommendations to support women's economic empowerment in Lamongan. Thus, it is hoped that the Thug program can continue to develop and provide real benefits for the local community. The success of this program is also expected to be an inspiring example for other regions in an effort to improve community welfare through community-based MSMEs.

Assistance in Fattening Goat Farming Business: Diversification Strategy and Productivity Improvement "Gus Shor Farm" Kanugrahan Maduran Lamongan Village Hamid, Ahmad Munir
Sahwahita: Community Engagement Journal Vol. 1 No. 2 (2024): Community Engagement Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69965/sahwahita.v1i2.57

The development of Goat Farm Fattening Business "Gus Shor Farm" in Kanugrahan Village, Maduran, Lamongan is a strategic effort in increasing the productivity and sustainability of goat farming business. In this context, diversification strategies and productivity improvement are the main focus. The study aims to analyze local market potential, identify business diversification strategies, and design measures to increase goat farm productivity. Research methods used include field surveys, stakeholder interviews, and data analysis. The results showed that the demand for goat meat in the local market continues to increase, providing a great opportunity for "Gus Shor Farm" to develop a goat fattening business. Business diversification strategies include the development of processed goat products such as sausages, jerky, and goat cheese, which can increase the added value and attractiveness of products. In addition, productivity improvement is carried out through the application of technology and efficient management practices, including the use of high-quality feed, good livestock health management, and selection of superior goat breeds. By implementing this strategy, "Gus Shor Farm" can increase income, reduce financial risk, and contribute to economic and social development in Kanugrahan Village, Maduran, Lamongan.

From Marginalization to Recognition: The Impact of Islamic Political Economy on Indonesia's Islamic Economy During the New Order Hamid, Ahmad Munir; Fitrianto, Achmad Room; Ahmed, Ishfaq
Economica: Jurnal Ekonomi Islam Vol. 15 No. 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2024.15.1.20305

The New Order era (1966–1998) marks a pivotal period in Indonesia's political and economic history. This study examines the influence of Islamic political economy on the evolution of Islamic economy during this time, using a literature review to explore how political dynamics and economic policies shaped its development. The findings reveal that Islamic political economy faced significant challenges due to the New Order government's focus on capitalist and industrial-oriented policies, which often marginalized sharia-based economic systems. For instance, the Islamic banking sector struggled to expand as regulations were more favorable to conventional banks. Despite these obstacles, intellectual groups and scholars sought to integrate Islamic principles into national policies, with the establishment of Islamic financial institutions like Bank Muamalat Indonesia in 1991 serving as a milestone. By the end of the New Order era, there was a noticeable increase in public interest and awareness of Islamic economy, driven by political shifts and a growing desire for a fairer, Islamic-aligned economic system. Consequently, Islamic economics began to gain wider recognition, eventually becoming an integral part of the national economic framework.

Transitioning to Renewwable Energy: Challenges, Policies, and Economic Implications in Indonesia (1990-2023) Hidayat , Muhammad Syahrul; Hamid, Ahmad Munir; Mazidah , Nurul
OECONOMICUS Journal of Economics Vol. 9 No. 2 (2025): (June) edisi 18
Publisher : Program Studi Ilmu Ekonomi UIN Sunan Ampel Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15642/oje.2025.9.2.93-114

The Indonesian Government, through the National Energy Council, has set a roadmap for achieving zero emissions energy by 2060, with targets for increasing renewable energy use each year. Despite aiming for a 23% target by 2025, the current annual increase in new renewable energy in Indonesia is only 0.55%, far below the required 0.9%. This calls for more progressive policy planning to achieve the new energy target. Challenges include the dispersed nature of Indonesia's renewable energy potential, limited grid capacity, and domestic industry capability. This study examines the impact of renewable and non-renewable energy on Indonesia's economic growth from 1990 to 2023. Employing a quantitative approach with the Error Correction Model (ECM) statistical test, the research explores short-term and long-term relationships among variables. Findings reveal that non-renewable energy consumption (CONRE) positively and significantly impacts economic growth by 6.15%, while renewable energy for electricity (REFE) also has a positive and significant effect of 7.19%. However, renewable energy from water resources (REWR) shows no significant positive impact in the long term, at only 0.19%. In the short term, CONRE positively and significantly affects economic growth by 6.43%, whereas REFE and REWR exhibit insignificant impacts of 0.075% and 0.071% respectively. The study suggests the government should optimize renewable energy potential to achieve more environmentally friendly energy policies, considering factors beyond those studied, such as societal innovation and creativity in identifying energy source potential and gaps.

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