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All Journal Jurnal Ekonomi dan Bisnis Islam Iqtishoduna: Jurnal Ekonomi Islam MALIA: Journal of Islamic Banking and Finance Istinarah: Riset Keagamaan, Sosial dan Budaya International Journal of Islamic Economics (IJIE) LAN TABUR: JURNAL EKONOMI SYARIAH
Afandi, Mukhamad Yazid
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Religion Humanities Economics, Econometrics & Finance Social Sciences

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Producer and Consumer Behavior towards the Consumption of Halal Food and Beverages Rizqa, Agitsna Alya; Afandi, Mukhamad Yazid
Jurnal Internasional Ekonomi Islam Vol 6 No 02 (2024): International Journal of Islamic Economics
Publisher : The Postgraduate of Institut Agama Islam Negeri Metro Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32332/ijie.v6i2.9545

Abstract

Introduction: Indonesia, as a country with a majority Muslim population, shows its concern for religion by consuming halal food and beverage products. Balanced consumption in Islam is implemented by avoiding tabzir and israf behavior. Objective: The method used is literature with qualitative data to describe community behavior from the producer and consumer sides when considering daily halal food and beverages. Method: The research approach used is a comparative qualitative approach. The research data was obtained from risk management reports contained in the annual reports of Bank Victoria Syariah and Bank Syariah Indonesia in 2023. Result: The result of this study is that consumers still think that halal food and beverages are only based on whether the product contains pork and dog meat and their derivatives or not. The obstacles from related agencies are moving institutions and processes that are still confusing and centralized, so there is a lack of human resources. Producer constraints are related to high costs, business management unpreparedness, and lack of socialization and awareness to register their products. Business actors' fraud against the halal label cannot be handled seriously with the policy of the halal product guarantee agency. Implication: This study increases awareness and adherence to halal standards among the public, including producers, consumers, and related institutions.
Budaya Berbagi dalam Filantropi Islam: Kajian atas Praktik Kedermawanan di Komunitas Muslim Putra, Muhammad Deni; Afandi, Mukhamad Yazid; Fadilla, Siti; Mansur, Muhammad; Argantara, Zaid Raya
Istinarah: Riset Keagamaan, Sosial dan Budaya Vol 6, No 2 (2024): ISTINARAH: RISET KEAGAMAAN, SOSIAL DAN BUDAYA
Publisher : Universitas Islam Negeri Mahmud Yunus Batusangkar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31958/istinarah.v6i2.13513

Abstract

This study examines the role of the culture of sharing in Islamic philanthropy, particularly the practice of generosity among Muslim communities, using a qualitative approach through literature review. The aim is to understand how the culture of sharing, social character, and local religious and cultural values influence the collection and distribution of zakat and charity. Findings indicate that the culture of sharing in Muslim societies significantly contributes to increased awareness and participation in philanthropic activities. Communities that uphold the values of solidarity and mutual assistance are more active in collecting and distributing zakat and charity, creating strong social networks. The analysis of social and cultural character reveals that local norms, such as the tradition of helping one another, influence patterns of generosity and strengthen social bonds among community members. Furthermore, religious values, including sincerity and the obligation of zakat, serve as primary motivations for individuals to engage in philanthropy. This research emphasizes the importance of integrating religious values and local culture into charitable programs, where philanthropic institutions that consider community needs are more likely to succeed in attracting participation. The findings are expected to serve as a foundation for developing policies and strategies to strengthen philanthropic practices in Muslim communities and enhance solidarity and social welfare. Additionally, this study suggests the need for further exploration of the relationship between the culture of sharing and the effectiveness of philanthropy in a broader context.Keywords: Culture of Sharing, Islamic Philanthropy, Generosity, Muslim Community
THE EFFECT OF CORONA PANDEMIC, MINE COMMODITY PRICES AND RUPIAH EXCHANGE RATE ON INDONESIAN SHARIA SHARE PRICES IN THE MINING SECTOR 2020 Awwal, Muhammad Al Faridho; Afandi, Mukhamad Yazid
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 7 No. 2 (2021): JULY-DECEMBER 2021
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v7i2.29838

Abstract

This study aims to analyze the effect of the corona pandemic, mining commodity prices and the rupiah exchange rate on Indonesian Islamic Share Prices/Indeks Saham Syariah Indonesia (ISSI) in the mining sector in 2020. The corona pandemic is represented by daily active cases that occur in Indonesia, the mining commodities used are coal, oil and gold prices world, and the exchange rate of the rupiah against the dollar. The data used is a cross-sectional type with a sample of 32 companies with an observation duration of 195 days during the 2020 period. The results show that simultaneously the independent variables significantly affect the dependent variable and partially the world coal price, world oil price, gold price. The world and the rupiah exchange rate with the exception of corona have a significant effect on mining stock prices at Indonesian Islamic share prices in 2020. This research proves that the Market anomaly theory is proven to occur in 2020 as a result of the corona pandemic, anomaly in commodity prices and exchange rates on the Indonesia Stock Exchange, especially in the Indonesian Islamic share prices mining sector which proves that the market cannot be accurately predicted if it occurs a sentiment strong enough globally to move investors both in terms of selling or buying shares that previously could not be reflected by the company's stock price.
Islamic Wealth Management as a Framework for Micro and Small Enterprise Sustainability Maksum, Maksum; Muslim, Aziz; Afandi, Mukhamad Yazid
Lan Tabur: JURNAL EKONOMI SYARIAH Vol. 7 No. 2 (2026): (March)
Publisher : LAN TABUR: Jurnal Ekonomi Syariah The Islamic University of KH. Achmad Muzakki Syah Jember, East Java. Jember Jln. Manggar Gebang Poreng 139A Patrang Jember Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53515/lt.v7i2.160

Abstract

Introduction: Micro and small enterprises (MSEs) in Muslim-majority countries face sustainability challenges amid economic instability and post-pandemic pressures. Conventional frameworks emphasize profit maximization but often overlook ethical and spiritual dimensions integral to Islamic values. This study develops Islamic Wealth Management (IWM) as a comprehensive framework for MSE sustainability through authentic Islamic principles. Methods: This exploratory study employs qualitative library research, analyzing classical Islamic texts, contemporary Islamic financial practices, and academic literature using content analysis techniques. Results: Five core IWM aspects (wealth creation, accumulation, protection, purification, distribution) form an integrated system supporting MSE sustainability across economic, social, and spiritual dimensions. This creates a sharia-based circular economy where wealth distribution becomes wealth creation, embodying Qur'anic principles of equitable circulation. Conclusion and suggestion: IWM provides a viable alternative to conventional sustainability models. Future research should develop measurement instruments for spiritual sustainability and examine institutional ecosystems required for effective implementation.
Reimagining Islamic Philanthropy in the Digital Economy: A Comparative Analysis of Branding as Ethical Capital in Private and State-Owned Institutions Putra, Muhammad Deni; Muslim, Aziz; Afandi, Mukhamad Yazid; Sahroni, Abdullah; Husain, Muhammad Kamil; Utami, Sari
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 15 No. 1 (2026): April (on progress)
Publisher : Department of Sharia Economics Faculty of Islamic Economics and Business, Universitas Islam Syarifuddin Lumajang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54471/iqtishoduna.v15i1.3443

Abstract

This qualitative library research examines the contrast in social media branding effectiveness between private and state-owned Islamic philanthropic institutions, an important issue in the digital era where public trust and engagement are essential. Using a systematic thematic analysis of scholarly literature published between 2014 and 2024, the study finds that private institutions consistently outperform their state-owned counterparts by leveraging organizational agility, innovative storytelling, and transparent communication. These practices are further interpreted as contemporary manifestations of core Islamic values, namely amanah (trust) and ihsan (excellence). The primary objective of this study is to identify the underlying factors contributing to this disparity and to generate actionable insights for optimizing digital outreach in Islamic philanthropy. The findings suggest that effective branding is not merely a technical advantage but also reflects a deeper institutional alignment with ethical principles, enabling private institutions to build stronger community engagement and donor loyalty. Accordingly, this study offers important implications by proposing a transformative approach through which state-owned institutions can adopt value-based digital strategies to enhance transparency, public appeal, and overall social impact, thereby strengthening the Islamic economic ecosystem in the twenty-first century.
Optimizing Sharia Insurance in Building Halal Value Chain Dzukroni, Arisy Abror; Afandi, Mukhamad Yazid
MALIA: Journal of Islamic Banking and Finance Vol 6, No 2 (2022): Malia: Journal of Islamic Banking and Finance
Publisher : IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/malia.v6i2.16593

Abstract

The phenomenon of the halal lifestyle demands modern society to fulfill sharia principles in almost all aspects of life. In order to improve the quality of halal integrity to reach the global market potential of US$ 2.3 trillion, a system is built that can accommodate halal products. In the end, a halal value chain was formed that could integrate various companies and industries to work hand in hand to build a halal ecosystem. One aspect that cannot be abandoned in the development of the halal ecosystem is the financial sector in which transactions and financial mobilization occur. Of course, the system used is Islamic finance, in accordance with the principles of the halal value chain. One of the Islamic finance sectors is sharia insurance. In general, insurance is used as a guarantee if one day there is a loss to the related party. The halal industry certainly does not guarantee the avoidance of business actors from losses. From this, it can be understood that Islamic insurance plays a vital role in developing the halal value chain. Therefore, further research is needed regarding the identification of the role of Islamic insurance in optimizing the halal value chain. This research using qualitative methods and library research aims to analyze the role of sharia insurance in developing the halal value chain. The results found that almost all halal value chain clusters such as food and beverage clusters, halal tourism, fashion, cosmetics, and recreational media require sharia insurance to develop the halal value chain. This is because sharia insurance can guarantee the continuity of sharia-based businesses if there is an unthinkable loss one day. The government needs to pay more attention to implementing the Islamic financial system, one of which is sharia insurance, if it wants to create a halal ecosystem in Indonesia.
Co-Authors Abdullah Sahroni Awwal, Muhammad Al Faridho Dzukroni, Arisy Abror Fadilla, Siti Maksum Maksum Muhammad Aziz Muslim Muhammad Kamil MUHAMMAD MANSUR Putra, Muhammad Deni Rizqa, Agitsna Alya Utami, Sari Zaid Raya Argantara