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THE ROLE OF GREEN SUKUK IN REALIZING A GOLDEN INDONESIA 2045 Natsir, Imron; Abroza, Ahmad; Oktoriza, Linda Ayu; Siregar, Sulaiman Efendi; Abdullah, Rais
JURNAL ILMIAH EDUNOMIKA Vol. 8 No. 3 (2024): EDUNOMIKA
Publisher : ITB AAS Indonesia Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jie.v8i3.14573

Abstract

Abstract This study is a qualitative study with a descriptive approach that concerns the Role of Green Sukuk in Realizing Indonesia EMAS 2045. The data used in this study are secondary data that researchers obtained from Articles, Books, Credible Websites, and other things. The data used in this study were analyzed using the SWOT analysis tool. The result in this article show that the presence of Green Sukuk in realizing Indonesia EMAS 2045 has more strength because Indonesia has the largest Muslim population in the world, in terms of the environment and infrastructure development, Green Sukuk can be relied on, is more efficient, and has a longer term compared to other financial instruments. Keywords: Sun Tzu Strategy; Tourism Market; Tourism Village; Sustainable Tourism
Critical Analysis of the Concept of Usury in Islamic Economics and its Implications for Islamic Finance Abdullah, Rais; Marzuki, Sitti Nikmah; Karliena, Yayuk; D, A Zulfikar
Journal of Noesantara Islamic Studies Vol. 2 No. 2 (2025)
Publisher : Yayasan Adra Karima Hubbi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/jnis.v2i2.1847

Abstract

The concept of usury (riba) occupies a pivotal position in Islamic economics, serving as a foundational principle shaping Islamic financial practices. Despite its centrality, the interpretation and application of riba have been subjects of extensive debate among scholars, particularly concerning its implications for modern Islamic finance. This study aims to critically analyze the concept of riba within the framework of Islamic economics, exploring its historical evolution, interpretative nuances, and contemporary challenges. Employing a qualitative methodology, this research integrates a systematic review of classical Islamic jurisprudence texts and modern scholarly discourse, complemented by case studies of Islamic financial institutions. The findings reveal that while riba is unequivocally prohibited in Islamic law, its definition and scope vary, influencing the operational dynamics of Islamic financial products such as murabahah, ijarah, and sukuk. Moreover, the study identifies a tension between theoretical ideals and practical implementations, highlighting the need for greater consistency and innovation in Islamic finance to align with maqasid al-shariah. The study concludes that a nuanced understanding of riba is essential for addressing contemporary financial complexities and fostering the growth of an ethical and sustainable Islamic financial system.  
Implementation of Islamic Business Ethics Principles in MSMEs in Kutai Kartanegara: A Study at SRC Kurnia Store Tenggarong Seberang Muliadi, Muhammad; Abdullah, Rais
FORUM EKONOMI: Jurnal Ekonomi, Manajemen dan Akuntansi Vol. 27 No. Special Issue (2025): Desember
Publisher : FEB Universitas Mulawarman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/jfor.v27i1/4444

Abstract

This research aims to determine the implementation of Islamic business ethics principles in Micro, Small and Medium Enterprises (MSMEs) at SRC Kurnia Store Tenggarong Seberang. This research uses a descriptive qualitative approach with data collection techniques through interviews, observations, and documentation. Research informants consist of store owners, employees, and customers of SRC Kurnia Store. Data analysis was carried out through data condensation, data presentation, triangulation, and drawing conclusions. The research results show that SRC Kurnia Store has implemented five principles of Islamic business ethics, namely: (1) Tawhid, although worship facilities are still limited; (2) Balance, with a fair salary system based on regional minimum wage and incentive provision; (3) Free Will, by implementing healthy competition without harming other traders; (4) Responsibility, by maintaining product quality and being responsive to customer complaints; and (5) Truth, by instilling a culture of honesty although price transparency is not yet optimal. This research concludes that SRC Kurnia Store has generally implemented the principles of Islamic business ethics well, but there are still aspects that need improvement such as providing adequate worship facilities and displaying price labels on all products