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The role of circular economy in supporting sustainable development goals (SDGs) in Indonesia from an Islamic economic perspective Ni’mah, Iffatun; Rokhim, Abdul; Musari, Khairunnisa
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art22

Abstract

IntroductionHuman life is currently in a critical situation regarding environmental awareness. Discussions on sustainable development have become a key topic in building sustainable SDGs to achieve environmental preservation. Sustainable development is a crucial benchmark of environmental conservation.ObjectivesThis study aims to explain how the use of circular economy strategies can achieve sustainable development goals in line with the SDGs from an Islamic economic perspective.MethodThis study employed a qualitative literature review method. Secondary data sources, such as books, scientific journals, and previous articles, form the basis for analyzing various issues related to circular economy strategies and sustainable development.ResultsThe findings indicate that the circular economy plays an important role in supporting sustainable development goals in Indonesia, particularly in achieving SDG goal number 8, which aims for sustainable, inclusive economic growth and the creation of decent work for all. Additionally, the circular economy is closely related to achieving SDG goal number 12, which ensures sustainable consumption and production patterns. Islamic economics plays a crucial role in supporting the implementation of SDGs in Indonesia by involving various products and ecosystems, including Sharia-compliant financial products, halal food and beverages, Islamic entrepreneurs, and the circular economy related to resource utilization.ImplicationsThe results highlight the importance of the circular economy as a strategic approach for addressing environmental challenges and achieving long-term sustainability. The integration of Islamic economic principles offers a robust framework to promote ethical and responsible resource management.Originality/NoveltyThis study provides a unique perspective by combining the concepts of circular economy and Islamic economics to explore their combined impact on achieving sustainable development goals. This contributes to a broader understanding of how cultural and religious principles can enhance sustainability.
Strategi Pengembangan Wisata Rembangan: Optimalisasi Wahana ATV Untuk Menarik Minat Gen Z Fuad, Mohamad Zakaria Husni; Azzain, Abdullah Faqih; Rohim, Muhammad Abdur; Musari, Khairunnisa
Jurnal Kajian Pariwisata Dan Perhotelan Vol. 2 No. 03 (2025): Januari-April 2025
Publisher : CV. ITTC INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62379/jkph.v2i03.2427

Abstract

Rembangan Tourism is one of the tourist destinations in Jember Regency which offers various facilities such as hotels, restaurants and swimming pools. However, the number of visits from young people, especially Gen Z, is still relatively low. To overcome this problem, the management added ATV rides to attract the interest of the younger generation. From a sharia economic perspective, tourism development must pay attention to the principles of justice, benefit and sustainability. This research aims to analyze the effectiveness of ATV rides in increasing the interest of Gen Z and evaluate their management based on sharia economic principles. The method used in this research is a qualitative approach with direct observation, interviews with managers and visitors, and secondary data analysis. The research results show that ATV rides have great potential to attract Gen Z, especially if combined with digital marketing strategies based on halal tourism and sharia values. Apart from that, Rembangan tourism also needs to consider sustainability aspects in its management so that it remains in line with sharia economic principles and can provide long-term benefits for the surrounding community.
Integrating Green Sukuk and Cash Waqf Linked Sukuk, the Blended Islamic Finance of Fiscal Instrument in Indonesia: A Proposed Model for Fighting Climate Change Musari, Khairunnisa
International Journal of Islamic Khazanah Vol. 12 No. 2 (2022): IJIK
Publisher : UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/ijik.v12i2.17750

Abstract

Indonesia is the world’s first global and retail sovereign Green Sukuk issuer. In four years since its first issuance in 2018, Green Sukuk has been issued seven times to finance or refinance the projects or programs of Eligible Green Sectors. Then, in order to support the development of social investment and productive waqf, the Government of Indonesia (GoI) also issues Cash Waqf Linked Sukuk (CWLS) by blending Islamic finance and impact investing for the Sustainable Development Goals (SDGs). CWLS is the first blended Islamic finance for the fiscal instrument in Indonesia, which integrates Islamic commercial finance and Islamic social finance. In order to tackle climate change, this study promotes the integration between Green Sukuk and CWLS as well as adopting the Eshamconcept toward Perpetual Green CWLS as a new green financing alternative. This collaboration can be an innovative one in the future as a fiscal funding source to fight climate change which today becomes the development agenda priority in line with the intensified intention of extraordinary weather. Climate change has brought a high-cost impact on vulnerable and low-income people. Along with efforts to achieve the SDGs and Paris Agreement targets, a financing gap holds up the route to tackling climate change. Therefore, by using a literature study on the best practice of Green Sukuk and CWLS in publications mainly sourced from the Ministry of Finance (MoF) Republic of Indonesia, this conceptual paper focuses on three issues, namely: (1) describing Indonesia's sovereign Green Sukuk; (2) describing the CWLS; (3) explaining a proposed Perpetual Green CWLS as an Islamic green financing alternative.
Promoting Qarḍ al-Ḥasan in Nanofinance to Counter The Moneylender in Southeast Asia Musari, Khairunnisa
Studia Islamika Vol. 26 No. 1 (2019): Studia Islamika
Publisher : Center for Study of Islam and Society (PPIM) Syarif Hidayatullah State Islamic University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sdi.v26i1.5990

Abstract

Moneylending is a real humanitarian problem in Asian countries, including in Southeast Asia. This study examines moneylending activities in this region, where poor people become a target. An emergency need forces them to seek out a moneylender. This paper argues that nanofinance may address the microfinance gap to counter the moneylender. Despite the existence of nanofinance, it has not obtained as much attention as microfinance. However, nanofinance activities have run in some Asian countries to help the poor. By interviewing some informants in Indonesia, Vietnam, and Cambodia, and then reviewing the empirical study and context in Malaysia, Thailand and Brunei, this paper intends to: (1) Describe the practice of moneylending in Indonesia, Vietnam, Cambodia, Malaysia, Thailand and Brunei; (2) Describe the nanofinance practice in Indonesia and Thailand; (3) Promote qarḍ al-ḥasan as the philanthropy contract of (Islamic) nanofinance.
Can Muslim Communities Empower through Ethnic-based? A Case Study in Indonesia Arodha, Dianidza; Panorama, Maya; Moh. Syawaludin; Musari, Khairunnisa
International Journal of Islamic Khazanah Vol. 15 No. 1 (2025): IJIK
Publisher : UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/ijik.v15i1.48990

Abstract

This study examines determinants and praxis of economic and social empowerment among Ethnics Muslim communities. It introduces the TENGKA model (Trust, Effort, Networking, Keeping, Active) as a culturally embedded framework for empowerment. Using an explanatory sequential mixed-methods design, the research identifies how physical capital, human capital, social capital, and the competence of empowerment actors shape empowerment outcomes. Empirical findings show that human capital, social capital, and actor competence significantly influence empowerment; local practices: aresan, sombhengan-bhelin, bhetonan, pesantren, madrasah, KOPWAN, lobenyu, posyandu, and PAMSIMAS, function as operational manifestations of social capital and Islamic-infused local wisdom. The paper advances the theoretical contribution by explicitly linking the TENGKA components to Islamic intellectual heritage (Qur'anic injunctions, Prophetic hadith, and classical and contemporary scholarship), and situates TENGKA alongside ACTORS and Ibn Khaldun’s ashabiyah to highlight complementarities and differences. We discuss transferability to other Muslim communities and propose practical implications for policy design and community-based interventions. The study contributes empirically and theoretically to scholarship on Islamic community empowerment and offers an operational model for culturally sensitive programs.