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Journal : Jurnal Multidisiplin West Science

Trends in Sustainable Banking Practices: A Bibliometric Review of Green Financial Services and Risk Management Strategies Judijanto, Loso; Mokodenseho, Sabil; Mokodompit, Abdul Tiar; Mamonto, Magfira; Lantong, Siti Madina
Jurnal Multidisiplin West Science Vol 3 No 03 (2024): Jurnal Multidisiplin West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jmws.v3i03.1049

Abstract

Sustainable banking practices and environmentally friendly financial services are becoming an increasing research focus in the modern financial era. This article performs a bibliometric review of trends and strategies in this domain. It was found that green finance concepts, such as green bonds and environmentally friendly banking practices, as well as the integration of financial technology (fintech), were in the main spotlight. However, the COVID-19 pandemic has also influenced green investment trends and environmental risk management strategies. In conclusion, this article highlights future challenges and opportunities, including the integration of fintech in green finance, green banking practices in various countries, and the contribution of the financial sector to achieving the Sustainable Development Goals (SDGs).
The Role of Sharia Risk Management, Islamic Investment Ethics, and Riba-Free Financing in the Development of the Halal Industry in Indonesia Judijanto, Loso; Mokodenseho, Sabil; Birah, Ismail Fahriassin; Mamonto, Anggi; Mokodongan, Gia Lestia
Jurnal Multidisiplin West Science Vol 3 No 03 (2024): Jurnal Multidisiplin West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jmws.v3i03.1061

Abstract

The Halal industry has emerged as a significant economic sector globally, driven by the growing demand for products and services that conform to Islamic principles. In Indonesia, with the world's largest Muslim population, the Halal industry has enormous potential for growth. This study investigates the role of Shariah risk management, Islamic investment ethics, and usury-free financing in shaping the trajectory of the Halal industry in Indonesia. Using quantitative analysis through structural equation modeling (SEM), this study examines the relationship between these financial practices and the development of the Halal industry. Data collected from key stakeholders in the industry revealed significant positive relationships between Shariah risk management, Islamic investment ethics, usury-free financing, and Halal industry development. The findings provide valuable insights for policy makers, investors, and industry stakeholders looking to foster sustainable growth and innovation in the Halal industry in Indonesia.
The Impact of Effectiveness of Zakat Management and Transparency of the Use of Zakat Funds on Improving Welfare and Community Empowerment in Central Java Mokodenseho, Sabil; Imban, Yuniarti; Dilapanga, Sarini; Manggo, Tetriana; Paputungan, Aisa; Kobandaha, Serli; Modeong, Nazria; Paputungan, Prayascita
Jurnal Multidisiplin West Science Vol 3 No 04 (2024): Jurnal Multidisiplin West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jmws.v3i04.1136

Abstract

This research investigates the impact of Zakat management effectiveness and transparency of fund utilization on welfare improvement and community empowerment in Central Java, Indonesia. A quantitative approach, utilizing Structural Equation Modeling with Partial Least Squares analysis, was employed to analyze data collected from 135 respondents, including Zakat beneficiaries and stakeholders. The results indicate significant positive relationships between Zakat management effectiveness, transparency of fund utilization, welfare improvement, and community empowerment. Efficient Zakat management practices and transparent fund utilization are found to positively influence welfare improvement and community empowerment, highlighting the importance of governance mechanisms and accountability in Zakat distribution. These findings have important implications for policymakers, Zakat institutions, and stakeholders involved in Zakat management, emphasizing the need for enhanced transparency and equitable distribution of Zakat funds to promote socio-economic development and empowerment in Central Java.
Co-Authors Abdul Wahid Ahmad Labib Majdi Akmal Akmal Akontalo, Yohana Arib, Juhrah M. Arif Ismunandar Arif Zamhari Arifannisa, Arifannisa Arkam Lahiya Aswati Asri, Aswati Awumbas, Radiyastika Aziz, Adit Mohammad Birah, Ismail Fahriassin Dali, Maghfirah Daud, Sri Dede Apriyansyah Dilapanga, Sarini Dotinggulo, Elvi Durand, Naneng Elis Mediawati, Elis Erwina Kartika Devi Evra Willya Fini Widya Fransiska, Fini Widya Ginoga, Noviana Hanafiah, Nur Arifah Hanta, Samsudin Harsya, Rabith Madah Khulaili Hasan, Zainol Hasibuan, Kalijunjung Hasini, La Hasrullah Hasrullah, Hasrullah Hayati, Feb Amni Hendratri, Bhaswarendra Guntur Hersiyati Palayukan Hidayat, Arsad Husain Husain Ibrahim, Yasin Imban, Yuniarti Irdhayanti, Efa Jasiah Jasiah Jayawarsa, A.A. Ketut Jemmy, Jemmy Judijanto, Loso Kaino , Elin Kobandaha, Cindra Patricia Kobandaha, Serli Koko Komaruddin, Koko Kolu, Harun Korompot, Liliana Kurdi, Muqarramah Sulaiman Kusuma Dewi, Ratna Ayu Pawestri Lantong, Siti Madina Lau, Elfreda Aplonia Laudji, Ramlin Tamrin Limbalo, Syifa Sumayyah Azzahrah Makalalag, Indra Wati Mamonto, Anggi Mamonto, Irsan Mamonto, Jessyka Mamonto, Kurnia Mamonto, Magfira Mamonto, Merdi F Mamonto, Merdi F. Mamonto, Riani Mamonto, Tania Prinita Aulia Mamonto, Tofhan Manangin, Tindra Manggo, Tetriana Manoppo, Sinta Mardiani, Eri Marditama, Theresia Maronrong, Ahmad B. Bintang Masloman, Nana Rolina Matiala, Tiara Fathulmila Meilina, Duwi Modeong, Nazria Mokoagow, Hestina Mokodenseho, Rahmat Mokodompit, Abdul Tiar Mokodompit, Ayudia Mokodompit, Nesa Yuliska Mokodompit, Nurcahyani Mokodongan, Gia Lestia Mokodonseho, Nini Mokoginta, Annisa Mootalu , Sisman MS, Muh. Idil Mu'min, Halek Muh Idris, Muh MUHAMMAD HARIS Muhammad Irham Muhammad Syafri, Muhammad Muharam, Suhari Musa, Yahya Muslim, Shohib Naim, Sidrotun Najamuddin Petta Solong Nasution, Emmi Rahmiwita Nuril Huda Pakelo, Fadlun Paputungan, Aisa Paputungan, Prayascita Paputungan, Siti Nisroha Pobela, Putri Revadila Podomi, Adelia Priyana, Yana Purwoko , Bambang Puspitaningrum, Tri Lestari R, Rinovian Rachmi Rachmi, Rachmi Rahman Rahman Rahmanudin, Deden Riniati, Wa Ode Rizaq, Muhammad Rukmana, Arief Yanto Rumondor, Prasetio Sa'diyah, Sa'diyah Sabalius Uhai Sabir, Ranti Sarib, Suprijati Sarilah, Sarilah Sarwan, Sarwan Semmawi , Ramli Silaban, Yabes Sentosa Siregar, Retnawati Siti Rohmah Subroto, Desty Endrawati Sudarmadi Putra Suryadinata, M. Syarifuddin Syarifuddin Syarifuddin Yusuf Tabilantang, Boby Hidayat Tabo, Novita tapaningsih, weni indah doktri agus Taufiq Hidayat Toani, Fatmawaty Utami, Eva Yuniarti Wahyu Nugroho Widjayanto, Febby Yanti, Dawi Yarbo, Sahara Yulianti Yulianti Yusuf Al-Ayubi, Shalahudin Zaenal Muttaqin Zahruddin, Achmad Zainal Arifin Zakaria, Siti Fatimah Zuhriyah, Fatimatuz Zulkifli Musthan, Zulkifli Zuwanda, Zulkham Sadat