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LITERATURE REVIEW ON THE ROLE OF SHARIAH VENTURE CAPITAL IN SUPPORTING THE GROWTH OF SMES IN INDONESIA Permata Sari, Indah; Hasibuan, Hafni Juniyanti; Rozalinda, Rozalinda; Alias, Norma; Bahar, Muchlis; Wira, Ahmad
Ekonomi Islam Vol. 16 No. 2 (2025): Jurnal Ekonomi Islam Fakultas Agama Islam UHAMKA
Publisher : Universitas Muhammadiyah Prof DR HAMKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22236/jei.v16i2.17605

Abstract

Research aims: This study analyzes the role of Sharia venture capital in enhancing the growth, competitiveness, and sustainability of MSMEs in Indonesia, while mapping global trends, thematic clusters, challenges, and opportunities in Sharia-based venture financing. Design/Methodology/Approach: A Systematic Literature Review (SLR) using the PRISMA protocol is combined with bibliometric analysis through VOSviewer. Publications from 2020–2024 indexed in Scopus were screened with defined criteria, and keyword co-occurrence mapping was conducted to identify thematic structures and research directions. Research findings: Six thematic clusters emerged: financing mechanisms, macroeconomic dynamics, technological innovation, governance and risk, entrepreneurship, and global market integration. Sharia venture capital strengthens MSME financing access, innovation, and ethical economic development, though challenges persist in literacy, collaboration, and regulatory support. Theoretical Contribution/Originality: The study fills a literature gap by integrating Islamic ethical principles with modern venture financing and offering a conceptual understanding of Sharia risk-sharing models in MSME empowerment. Practitioners/Policy Implications: Findings highlight the need for stronger regulation, investor education, institutional collaboration, digital transformation, and MSME capacity building. Research Limitations/Implications: Limitations stem from reliance on secondary data and database scope. Future research should assess empirical impacts, digital Sharia VC models, and governance mechanisms.
Defisit Keridhaan Pengelolaan Dana Tunggu Haji: Tinjauan Kritis Fikih Muamalah Ferly, Bobby; Bahar, Muchlis; Elfia, Elfia
HUKUMAH: Jurnal Hukum Islam Vol 8, No 2 (2025): HUKUMAH
Publisher : STAI Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55403/hukumah.v8i2.1100

Abstract

Ayat an tarāḍin minkum (QS. An-Nisā: 29) menetapkan keridhaan sebagai fondasi etis transaksi syariah. Sayangnya, model persetujuan tunggal pada setoran awal haji di BPKH memicu "defisit keridhaan", sebuah diskrepansi serius antara mandat pasif jemaah dengan kompleksitas strategi investasi jangka panjang yang risikonya terus berubah. Penelitian yuridis-normatif ini mengkritisi fenomena tersebut menggunakan data sekunder, termasuk regulasi UU Nomor 34 Tahun 2014 dan laporan keuangan terkait. Studi ini mengungkap "paradoks kinerja", di mana kesuksesan administratif seperti opini Wajar Tanpa Pengecualian (WTP) justru mengaburkan informasi krusial mengenai profil risiko dan kegagalan target imbal hasil, sehingga mendegradasi kualitas ridha. Lebih jauh, konstruksi akad wakālah bil istithmār yang statis tanpa mekanisme evaluasi berkala dianggap menciptakan gharar temporal dan melemahkan posisi tawar jemaah. Guna mengatasi intertemporal mis-consent, penelitian merekomendasikan restrukturisasi tata kelola melalui siklus pembaruan persetujuan (Consent Renewal Cycle) tiap lima tahun, penyediaan opsi risiko terdiferensiasi (Amanah, Berkah, Tumbuh), serta transparansi radikal via dasbor "My-Manfaat". Reformasi ini diharapkan mampu memulihkan legitimasi syariah, memperkuat peran Dewan Pengawas Syariah, serta menekan risiko keagenan demi perlindungan hak jemaah yang lebih substantif.
Prinsip Prinsip dan Kaidah Hukum Islam: Tidak Picik, Tidak Memberatkan, Diterapkan Secara Bertahap, Memperhatikan Kemaslahatan Manusia dan Mewujudkan Keadilan: Penelitian Septrina, Nazmi; Salma, Salma; Bahar, Muchlis
Jurnal Pengabdian Masyarakat dan Riset Pendidikan Vol. 4 No. 3 (2026): Jurnal Pengabdian Masyarakat dan Riset Pendidikan Volume 4 Nomor 3 (Januari 202
Publisher : Lembaga Penelitian dan Pengabdian Masyarakat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jerkin.v4i3.4563

Abstract

The principles and rules of Islamic law are essentially established to realize human welfare, maintain justice, and uphold universal humanitarian values. Islamic law is not narrow-minded and rigid, but rather flexible, adaptive, and considers the social conditions of society. The principle of "la haraj" (not burdensome) demonstrates that Islamic law exists to provide convenience, not hardship, as emphasized in the maxim "al-masyaqqah tajlib al-taysir" (difficulty brings ease). The implementation of Islamic law is also carried out in stages (tadarruj), enabling society to adapt and fully internalize its values without causing social unrest. Thus, Islamic law emphasizes a balance between the text of sharia and the needs of human life, as well as between legal certainty and the common good. All of these principles lead to achieving the primary objectives of sharia (maqasid al-shari'ah), namely, safeguarding religion, life, intellect, lineage, and property, while upholding justice as the foundation of social life.
MARRIAGE CRISIS AMONG MILLENNIALS IN THE DIGITAL ERA: An Etnographic Study on TikTok and Islamic Family Law Perspectives Putra, Yulizain; Bahar, Muchlis; Kholidah; Azwar, Zainal
Jurnal Studi Islam dan Sosial Vol 8 No 2 (2025): November 2025
Publisher : Sekolah Tinggi Agama Islam (STAI) Khozinatul Ulum Blora

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61941/iklila.v8i2.444

Abstract

The rapid development of digital technology has significantly influenced social dynamics, particularly the institution of marriage among the millennial generation. This study aims to examine the marriage crisis in the digital era through a netnography approach on TikTok, a popular social media platform among millennials. The netnographic method was employed to analyze content, interactions, and narratives about marital issues shared by TikTok users. Findings reveal that digitalization has brought significant changes in communication, expectations, and conflict resolution among spouses, often leading to crises and divorces. Social media also functions as a public space that expands discourse on marriage issues but may exacerbate problems due to the spread of inaccurate information. This study assesses the relevance of these findings to family law in Indonesia, especially concerning the protection of the rights of spouses and children in the context of modern marriage. The study recommends updating family law policies to be more responsive to challenges in the digital era to ensure healthy and fair marital continuity. Therefore, this research contributes valuable insights to family law studies and the social dynamics of digital millennials.
Dilalah Lafzhiyah In The Hanafiyah Version From The Perspective Of Syafi'iyyah: A Case Study Of The Law Of Ai (Artificial Intelligence) As A Substitute For Mufti Yuliano, Firsta; Risnawati, Melia; Bahar, Muchlis; Firdaus, Firdaus
Hukum Islam Vol 26, No 1 (2026): Islamic Law
Publisher : Universitas Islam Negeri Sultan Syarif Kasim Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24014/hi.v26i1.31417

Abstract

This article discusses the concept of Dilalah Lafzhiyah in the Hanafi school of thought by reviewing it from the Shafi'i perspective and applying it to contemporary cases involving the use of artificial intelligence (AI) as a substitute for muftis. The development of AI technology capable of generating religious answers raises questions regarding the legitimacy of AI's role in providing religious information such as fatwas. This issue requires an analysis of usul fiqh, particularly in the discussion of ad-dilalah as the main instrument for understanding and deriving laws from the texts of the Qur'an and Sunnah. In usul al-fiqh, the Hanafi and Shafi'i schools of thought have different methods of classifying and using ad-dilalah. The Hanafi school divides dilalah into two broad categories: dilalah lafzhiyyah and dilalah ghairu lafzhiyyah, while the Shafi'i school divides it into dilalah manthuq and mafhum. This study uses a descriptive-comparative analysis method by examining the main literature of both schools and then applying it to arguments related to fatwa authority. The results of the study show that, terminologically, there are differences in expression between the Hanafi and Shafi'i schools, but substantively, many concepts have equivalent meanings. For example, the concepts of Ibarah Nash, Isyarah Nash, and Iqtidha' Nash in Hanafiyah are comparable to Manthuq in the jumhur ulama. Similarly, Dilalah Nash in Hanafiyah is equivalent to Mafhum Muwafaqah in the jumhur. However, the main difference lies in Mafhum Mukhalafah, which is recognized by the jumhur ulama but not by Hanafiyah. In the context of AI as a substitute for muftis, the Shafi'i approach, which accepts mafhum mukhalafah, tends to reject the legitimacy of AI as an independent mufti, because it understands ahl adz-dzkr as rational and competent subjects. Conversely, the Hanafi approach, which does not consider mafhum mukhalafah as evidence, opens up a more limited scope of analysis on the function of AI as a tool, not as an authority on fatwas.