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All Journal IQTISHADUNA: Jurnal Ekonomi dan Keuangan Islam Society INTERNATIONAL JOURNAL OF SOCIETY REVIEWS (INJOSER) INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) International Journal of Social and Education (INJOSEDU)
Fuadah Johari
Universiti Sains Islam Malaysia
Religion Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences

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EFFECTS OF PANDEMIC COVID-19 ON THE MALAYSIAN ECONOMY, FOCUSED ON FIVE IMPORTANT INDUSTRIES AND SHARIAH VIEWPOINTS MUHAMMAD HAIQAL TAJUDEN; MUHAMMAD NABIL NORHASMY; MUHAMMAD RIZWAN NASUTION BIN MOHD IDRIS; MUHAMMAD ADHAM MOHAMAD ARES; MUHAMMAD FAIZZUWAN MUSTAFA; FUADAH JOHARI
IQTISHADUNA Vol. 13 No. 2 (2022): IQTISHADUNA: JURNAL EKONOMI DAN KEUANGAN ISLAM
Publisher : UIN Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/iqtishaduna.v13i2.6113

Abstract

Globally, more than 4.3 million confirmed cases and more than 2,90,000 fatalities occurred due to the COVID-19 disease outbreak, which profoundly affected the entire planet. This has also fanned fears of a forthcoming economic collapse and recession. This type of event is referred to as a "black swan" because it adds unexpected and unique aspects to the economic environment and has the potential to start a chain of unfavourable reactions and market disruptions. As a result of social isolation, self-isolation, and travel restrictions, there has been a drop in the labour force across all economic sectors, resulting in the loss of several jobs. In addition, due to the closing of schools, demand for commodities and manufactured goods has decreased. On the other hand, the need for medical supplies is expanding rapidly. Through the end of 2019, the five primary economic sectors generated money and employment. Early in 2020, however, these industries encountered a major economic and employment crisis due to the COVID-19 outbreak. The COVID-19 outbreak has greatly affected the economic and social conditions of the nation, particularly regarding these five core economic activities. This study's objective is to examine the effects of COVID-19 on the agriculture, manufacturing, construction, services, mining and quarrying sectors. To achieve this purpose, this study employed descriptive analysis to examine performance data encompassing 10 years (2012 - 2021). The findings indicate that the COVID-19 epidemic has a substantial and negative impact on the Malaysian economy.
MALAYSIAN 10 YEARS TECHNOLOGY EXPENDITURE Noreen Balqis Muhammad; Irdhina Sofina Shahrin; Nur Fara Syahadha Anuar; Asmaa’ Aqilah Mohd Rosli; Nurhanis Nabiha Md Osman; Fuadah Johari
IQTISHADUNA Vol. 13 No. 2 (2022): IQTISHADUNA: JURNAL EKONOMI DAN KEUANGAN ISLAM
Publisher : UIN Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/iqtishaduna.v13i2.6114

Abstract

This paper studies and observes Malaysian ten years of technology expenditure. The analysis of Malaysia's technological growth over ten years is one of the topics covered in this discussion. In addition, factors that contribute to the state of technology are now an important problem in this working paper and discussed how to solve problems arising from Islamic perspectives. This is because, as knowledgeable Muslims, we need to be sensitive and efficient in developing the economy. Not only that, but we are also responsible for declaring that not from a technological point of view alone needs to be taken heavily on the contrary from other aspects, such as commerce that gets a boost in Islam needs to be emphasised. This is to form a community or a developed country along with the development of the world today.
INCOME DISTRIBUTION AND ZAKAT CONTRIBUTION IN MALAYSIA Nur Afiqah Mohd Fizol; Nur Syahirah Syahirin; Nurul Suhada Sarnubi; Safinatun Najah Seman; Nurul Kauthsar Razman; Fuadah Johari
IQTISHADUNA Vol. 13 No. 2 (2022): IQTISHADUNA: JURNAL EKONOMI DAN KEUANGAN ISLAM
Publisher : UIN Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/iqtishaduna.v13i2.6115

Abstract

One of the fundamental obligations of every Muslim is to pay Zakat. The asnaf group may receive assistance from Zakat payments and income distribution to survive financial difficulties. This article aims to describe how Malaysian Zakat income and distribution function. The significance of Zakat donations to the community for its economic development is discussed in the first paragraph of this article. The history of the Zakat contribution controversy and Sharia-based theory are then covered. The study's conclusion indicates an imbalance in the distribution of Zakat by the state in Malaysia based on the country's poverty rate. In order to ensure that Zakat's contribution to the community is effective, the article underlines the necessity for a thorough action plan to ensure that no Muslim group is overlooked or marginalised. To fulfil their different obligations and more effectively and efficiently meet the responsibility to donate Zakat, every Muslim community member must honestly collaborate and adhere to the detailed action plan.
LEGAL MANAGEMENT STRATEGIES IN THE BUSINESS ENVIRONMENT: A PRACTICAL APPROACH TO HANDLING LEGAL RISK Erwin Erwin; Amândio de Araújo Sarmento; Fuadah Johari
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 2 No. 3 (2025): INTERNATIONAL JOURNAL OF SOCIETY REVIEWS (INJOSER)
Publisher : Adisam Publisher

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Abstract

In the era of globalisation and intense business competition, legal risk management is one of the main keys to ensuring the sustainability and success of a company. The study in this research uses the literature research method. The research found that the four strategies are interrelated and must be implemented simultaneously to achieve effective legal risk management. Firstly, the study revealed that the presence of a solid compliance programme is an important basis for identifying and managing legal risks. Next, it was found that technology integration helps in monitoring compliance and reacting to legal changes faster. Collaboration with legal and technology experts was found to not only provide access to specialised insights on the latest regulations, but also help in devising effective strategies to address legal risks. Finally, building a culture of compliance at all levels of the organisation is necessary to ensure successful implementation of legal strategies. The research concludes that, through the implementation of such a set of strategies, companies can reduce legal risks and their implications, help maintain reputation, and increase stakeholder trust. Hence, a comprehensive approach to legal risk management is necessary to facilitate sustainable business growth in an uncertain environment.
EXPLORING THE NEXUS OF PROJECT-BASED LEARNING, ECONOMIC FACTORS, AND MARKETING SUCCESS: AN INTEGRATED EXAMINATION Ahmad Talib; Rosnani Said; Fuadah Johari; Iyad Abdallah Al- Shreifeen
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 1 No. 9 (2024): INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE)
Publisher : Adisam Publisher

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Abstract

This paper undertakes a comprehensive exploration of the intricate interplay between project-based learning (PBL), economic variables, and marketing outcomes, delving into their multifaceted intersectionality. By meticulously examining how economic conditions influence the implementation of PBL initiatives and subsequently affect marketing efficacy, this study aims to offer valuable insights beneficial to educators, policymakers, and marketers. Employing a multifaceted analytical framework, we delve into the nuanced ways in which socioeconomic status impacts the adoption and effectiveness of PBL strategies, and how these strategies, in turn, shape marketing approaches and outcomes. Drawing on both empirical research and theoretical constructs, we illuminate the complex dynamics between education, economics, and marketing, providing a holistic perspective that reveals avenues for enhancing educational practices and optimizing market performance.
MODERN APPROACHES TO RISK MANAGEMENT IN INVESTMENT PORTFOLIOS: STRATEGIES IN MARKET VOLATILITY Loso Judijanto; Yupiter Mendrofa; Iwan Harsono; Pirmanta Sebayang; Fuadah Johari
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 10 (2025): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

This paper explores the evolution of risk management strategies in investment portfolios, explicitly focusing on addressing challenges posed by market volatility. Effective risk management is paramount for safeguarding investor assets in an era of globalization, technological advancements, and heightened interconnectedness. Traditional theories, such as Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM), have provided foundational frameworks. However, limitations in addressing the dynamic nature of contemporary financial markets during periods of heightened volatility have led to the emergence of modern approaches. This study investigates the integration of technological advancements, insights from behavioral finance, and sophisticated quantitative models to provide nuanced and adaptive risk management strategies. Algorithmic trading, dynamic asset allocation models, and behavioral insights contribute to a comprehensive toolkit for managing risk during market volatility. The paper assesses the efficacy of these modern approaches in navigating the complexities of fluctuating markets and offers insights into the evolving landscape of risk management.
ECONOMIC INEQUALITY IN BORDER AREAS Lina Affifatusholihah; Iwan Ridwan Paturochman; Iis Surgawati; Fuadah Johari
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 11 (2025): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

The border areas of a country have strategic value to support national economic growth. This border region can serve as a point of entry for commerce and economic endeavors with adjacent nations. This has an impact on economic growth in border areas. Economic inequality is a condition where there are significant differences in the distribution of income, wealth and economic opportunities in society. Economic inequality can be the root of many social and economic problems, including poverty, unemployment, and social instability. One of the main causes of economic inequality is injustice in economic opportunities. The method used in this article is to use a literature study which contains theories related to the problem being studied. This research discusses the factors that cause economic inequality in border areas, the impact of economic inequality on people in border areas, and strategies for reducing economic inequality in border areas.
TAX RISK MANAGEMENT STRATEGIES FOR MULTINATIONAL COMPANIES Loso Judijanto; Teti Anggita Safitri; Era Purike; Fuadah Johari
INJOSEDU: International Journal of Social and Education Vol. 2 No. 1 (2025): JANUARY
Publisher : Adisam Publisher

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Abstract

Tax risk management is a central aspect for multinational companies operating in multiple jurisdictions with diverse tax regulations. The key to meeting this challenge is the implementation of a comprehensive and integrated risk management strategy. Key challenges include internal resistance to change, the need for cross-departmental coordination, and global communication issues. In addition, non-uniformity in tax monitoring and reporting can increase the risk of non-compliance, which in turn can potentially lead to legal sanctions. To overcome these challenges, companies need to focus on continuous training and skills development for employees. Investment in technology that supports tax risk management is also central, including data analysis tools and solid audit systems. Ensuring cross-departmental integration and efficient communication can help support a collaborative approach to tax risk management, strengthen transparency, and improve accuracy in tax reporting. The implication of this strategy is that multinational companies can minimise tax management risks and mitigate potential adverse legal sanctions. With the systematic adoption of such strategies, companies not only maintain compliance with tax regulations, but also strengthen their position in an increasingly competitive global business climate. Thus, an effective tax risk management strategy can be one of the critical pillars in the long-term success of multinational companies.
Panca Jiwa Pesantren sebagai Modal Sosial untuk Mengatasi Masalah Pengembangan Usaha Ekonomi di Pesantren Syamsuri Syamsuri; Fuadah Johari; Helmy Fauzy Ahmad; Resi Fauzy Handayani
Society Vol 11 No 1 (2023): Society
Publisher : Laboratorium Rekayasa Sosial, Jurusan Sosiologi, FISIP Universitas Bangka Belitung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33019/society.v11i1.467

Abstract

This research aims to analyze how far the internalization of the Pesantren (Islamic Boarding School) values as social capital has become a strategy for solving economic business development problems in Pesantren. One of the main problems Pesantren faces in developing economic businesses is the low quality of human resources and the governance of these economic institutions. The presence of economic businesses within Pesantren holds significant importance. Aside from ensuring the economic sustainability of the institution, it also serves as a platform for nurturing student entrepreneurship, contributing to the overall economic growth of the community. Using the approach of Pesantren values (called Panca Jiwa or Five Principles), namely sincerity, simplicity, independent, Islamic brotherhood (Ukhuwah Islamiyah), and freedom, is expected to be one way to overcome these problems. This research applies the analytic network process, including field surveys, focus group discussions, and in-depth interviews with four groups of respondents: experts, academics, practitioners, and regulators. Respondents were determined by purposive sampling by making Gontor Islamic Boarding School a research location. The results showed that the values of the five principles are internalized into social capital and become solutions to solving problems, like increasing networks with alumni, cooperation between institutions, and so on. This study offers practical implications, namely enabling the resolution of human resource problems with the principle of Islamic brotherhood, and social implications- the success of the economic development of Pesantren can indirectly improve the economic welfare of the surrounding community.
Co-Authors Ahmad Talib Amândio de Araújo Sarmento Asmaa’ Aqilah Mohd Rosli Era Purike Erwin Erwin Helmy Fauzy Ahmad Iis Surgawati Irdhina Sofina Shahrin Iwan Harsono Iwan Ridwan Paturochman Iyad Abdallah Al- Shreifeen Lina Affifatusholihah Loso Judijanto MUHAMMAD ADHAM MOHAMAD ARES MUHAMMAD FAIZZUWAN MUSTAFA MUHAMMAD HAIQAL TAJUDEN MUHAMMAD NABIL NORHASMY MUHAMMAD RIZWAN NASUTION BIN MOHD IDRIS Noreen Balqis Muhammad Nur Afiqah Mohd Fizol Nur Fara Syahadha Anuar Nur Syahirah Syahirin Nurhanis Nabiha Md Osman Nurul Kauthsar Razman Nurul Suhada Sarnubi Pirmanta Sebayang Resi Fauzy Handayani Rosnani Said Safinatun Najah Seman Syamsuri Syamsuri Teti Anggita Safitri, Teti Anggita Yupiter Mendrofa