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All Journal Jurnal Ekonomi Syariah Teori dan Terapan Journal of Islamic Economics Lariba
Romadhon, Muhammad Ryan
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Religion Economics, Econometrics & Finance Social Sciences

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The Role of Islamic Macroeconomics and Islamic Finance in Driving Islamic Economic Growth Mutmainah; Romadhon, Muhammad Ryan
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 12 No. 1 (2025): Februari-2025
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol12iss20251pp97-109

Abstract

A country's economic growth is closely related to world economic conditions. Global macroeconomic analysis is measured from 3 indicators, namely the increase in gross domestic product, the level of world trade, and the global inflation rate. The indicators to analyze Islamic economic conditions globally can be seen from the real sector and the financial sector. This research will synthesize into a study that aims to analyze the influence of Islamic macroeconomics and finance on Indonesia's sharia economic growth. By using quarterly time series data in Indonesia for 5 years from 2019 to 2023 and using ECM (Error Correction Model) analysis as a regression model and assisted by the Eviews analysis tool to analyze research data. Research findings reveal that in the short term inflation and Islamic finance have no effect on economic growth, while export and import variables affect economic growth. On the other hand, in the long run exports, imports and Islamic finance affect economic growth while inflation variables do not affect economic growth.
Halal agriculture as an effort to strengthen the global halal value chain in order to increase international trade Mutmainah, Siti; Romadhon, Muhammad Ryan
Journal of Islamic Economics Lariba Vol. 9 No. 1 (2023)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol9.iss1.art11

Abstract

IntroductionIndonesia as an agricultural country with a Muslim-majority society has great potential to develop halal agriculture. The halal agricultural sector must be strengthened so that agricultural products can be exported abroad.ObjectivesThe purpose of this study is to strengthen the global halal value chain to increase international trade through the halal agriculture sector. MethodThis study employed qualitative methods using a descriptive approach. The data collection method used literature studies from various reference journals, agency reports, and online media.ResultsThis research concludes that the development of halal agriculture has great potential for development in Indonesia, so that it can increase international trade by improving the global halal value chain. With the development of halal agriculture in Indonesia, it is expected to be able to bring Indonesia to become a country with food security and the center of the halal industry in the world. ImplicationsThe results of this study can be guidelines for policymakers to improve contribution of halal agriculture in Indonesian export. Furthermore, it can contribute to further studies in global halal value chain for agriculture-based products.Originality/NoveltyThis study contributes to body of knowledge of global halal value chain with emphasize on agricultural sector in Indonesia.
Co-Authors MUTMAINAH Siti Mutmainah