Siti Zulaikha
Departemen Administrasi Dan Kebijakan Kesehatan, Fakultas Kesehatan Masyarakat, Universitas Airlangga, Indonesia

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THE INFLUENCE OF ISLAMIC BANK FINANCING ON ECONOMIC GROWTH IN OIC COUNTRIES: A FIRST DIFFERENCE–GENERALIZED METHOD OF MOMENTS APPROACH) Ayu Rahmiyati; Siti Zulaikha; Nurrizka Puji Lestari; Eko Kurniawan; Tanza Dona Pertiwi
Jurnal Ekonomi dan Bisnis Airlangga Vol. 36 No. 1 (2026): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V36I12026.144-157

Abstract

Introduction: The rapid expansion of Islamic finance in Organization of Islamic Cooperation (OIC) countries raises an important question regarding its contribution to economic growth, as prior studies report mixed evidence. Methods: This study uses panel data from 15 OIC countries over 2014–2023 with a quantitative approach. Control variables include institutional quality, foreign direct investment, human development index, population, and trade openness. The first-difference generalized method of moments (FD-GMM) is applied to address endogeneity. Results: The empirical results show that Islamic bank financing has a positive and statistically significant effect on economic growth in both the short and long term. Additionally, institutional quality and human development are found to play a significant role in shaping economic growth dynamics across OIC countries. Conclusion and suggestion: The findings underscore the strategic importance of Islamic bank financing in strengthening the real sector, enhancing financial inclusion, expanding access to productive financing, and supporting capital accumulation. Therefore, this study suggests strengthening governance quality, improving human development outcomes, optimizing the allocation of productive Islamic financing, and promoting deeper integration between the Islamic financial sector and the real economy to foster inclusive and sustainable economic growth in OIC countries.
WHAT DRIVES CONSUMERS IN USING DIGITAL APPS TO VISIT HALAL TOURISM IN EAST JAVA? OPTIMIZATION STRATEGY FROM UTAUT2 PERSPECTIVE Yan Putra Timur; Mohamed Battour; Ririn Tri Ratnasari; Siti Zulaikha
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 9 No. 1 (2023): JANUARY-JUNE 2023
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v9i1.44569

Abstract

This study aims to identify the factors influencing consumer behavioral intentions in using digital applications to visit halal tourist attractions using the UTAUT2 model approach. PLS-SEM was employed as the quantitative research method's evaluation model. 300 respondents, ranging in age from 17 to 65, were utilized as the sample. Using a Likert scale from 1 to 5, a scale generated from earlier research is used to measure each variable. The study's findings revealed that five UTAUT2 indicators”performance expectancy, effort expectancy, social influence, pricing value, and habit”positively influenced consumers' inclinations to use digital applications to visit halal tourism locations. Based on the IPMA test, the performance expectancy variable is the variable that has the highest level of importance. The results of this study can be used by halal tourism business actors and the government as a digital application strategy development to support the growth of halal tourism in East Java.