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CHALLENGES AND SOLUTIONS TO THE USE OF ONLINE SHOPPING APPLICATIONS IN THE PERSPECTIVE OF ISLAMIC ECONOMY IN INDONESIA Zuwardi; Azzahratul Hasanah; Musdeki Mulya; Riana Wiliza; Anita Triana; Sirtia Pelanda Onesti
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 4 (2024): April
Publisher : Adisam Publisher

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Abstract

The use of online shopping applications has become a predominant trend among the Indonesian population, presenting challenges and opportunities within the context of Islamic economics. This article discusses the challenges faced by users of online shopping applications from the perspective of Islamic economics in Indonesia, highlighting aspects such as Sharia compliance, transparency, and social responsibility. Challenges include the ambiguity of the halal status of products, uncertainty in transaction processes, and ethical issues related to promotions and advertisements. Simultaneously, this article identifies solutions that can be implemented to address these challenges. These solutions encompass the development of clear Sharia guidelines for online products and services, increased transparency in business processes, and enhanced awareness and education of the public regarding Islamic economic principles. The implementation of blockchain technology and Sharia-compliant payment mechanisms is also highlighted as potential solutions to improve trust and Sharia compliance within the online shopping ecosystem. Through this analysis, the article provides insights into how online shopping applications can be integrated with Islamic economic values, creating an ecosystem that is not only technologically innovative but also aligned with the principles of Islamic finance. Consequently, it is hoped that a more inclusive, transparent, and Sharia-compliant online shopping ecosystem can be established in Indonesia.
The Effect of Return on Assets, Current Ratio, and Debt-to-Equity Ratio on Stock Prices: A Case Study of Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange (2020–2024) Anita Triana; Tartila Devy
Indonesian Economic Review Vol. 6 No. 1 (2026): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v6i1.109

Abstract

This study emphasizes the association between corporate financial conditions and share valuation within the food and beverage processing sector listed on Indonesia’s capital market over the past five years by drawing upon documented data derived from audited annual reports, yielding a total of 115 observational records from twenty-three selected firms; the information was examined through data profiling, model feasibility assessment, and relational modeling supported by statistical software. The findings indicate that the capacity of assets to generate earnings does not exhibit a meaningful linkage with stock movements, suggesting that profit magnitude is not invariably a primary consideration for market participants, whereas excessive short-term fund availability demonstrates an inverse tendency, implying perceived inefficiency due to idle resources lacking productive allocation, while the proportional balance between liabilities and equity likewise fails to reveal a pronounced connection with value shifts. Nevertheless, when these elements are evaluated collectively, a substantive relationship with stock price volatility becomes apparent, accounting for more than half of the variation in market value, with the remainder presumably attributable to other determinants beyond the scope of this discussion.