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All Journal Jurnal Al-Ijtimaiyyah Studia Economica: Jurnal Ekonomi Islam Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah At-Tawassuth: Jurnal Ekonomi Islam At-tijaroh: Jurnal Ilmu Manajemen dan Bisnis Islam Al-Masharif: Jurnal Ilmu Ekonomi dan Keislaman Abdi: Jurnal Pengabdian dan Pemberdayaan Masyarakat EKONOMI, KEUANGAN, INVESTASI DAN SYARIAH (EKUITAS) Jurnal Paedagogy Al-Mubin: Islamic Scientific Journal El-kahfi : Journal of Islamic economics Jurnal Investasi Islam El-Ahli : Jurnal Hukum Keluarga Islam EKSYA: Jurnal Ekonomi Syariah Jurnal Pengabdian Masyarakat : Pemberdayaan, Inovasi dan Perubahan Al Dzahab Jurnal Manajemen ADILLA: Jurnal Ilmiah Ekonomi Syari'ah Journal of Law, Poliitic and Humanities Maqdis: Jurnal Kajian Ekonomi Islam Journal of Artificial Intelligence and Digital Business AHKAM : Jurnal Hukum Islam dan Humaniora Amal: Jurnal Ekonomi Syariah Jurnal Ekonomi Kreatif Indonesia Mawaddah: Jurnal Hukum Keluarga Islam Sharia Economic and Management Business Journal (SEMBJ) Al-Mubtadi : Jurnal Pendidikan Guru Madrasah Ibtidaiyah Jurnal Ilmiah Multidisiplin Ilmu Assyarikah: Journal Of Islamic Economic Business Wealth: Journal of Islamic Banking and Finance J-Mabisya PESHUM Al-Hayat: Journal of Islamic Education Risalah Iqtisadiyah: Journal of Sharia Economics Jejak digital: Jurnal Ilmiah Multidisiplin JIMEK AICOS JIEFIS: Journal of Islamic Economics and Finance Studies Jurnal Ekonomi, Manajemen, Akuntansi dan Keuangan JIBF MADINA : Journal Islamic Banking and Finance Madina
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Membangun Portofolio Investasi Syariah Yang Berkelanjutan Bagi Investor Pemula MHD Asril; Eli Saharni; Mia Juliani; Paisal Rahmat
AMAL: Jurnal Ekonomi Syariah Vol. 8 No. 1 (2026): Juni
Publisher : UIN AM. Sangadji Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33477/eksy.v8i1.9558

Abstract

Investasi syariah merupakan alternatif investasi etis dan berkelanjutan yang berkembang pesat seiring meningkatnya kesadaran masyarakat Muslim akan pentingnya berinvestasi sesuai prinsip syariah. Penelitian ini bertujuan untuk mengidentifikasi konsep, strategi, dan instrumen yang dapat digunakan dalam membangun portofolio investasi syariah yang optimal dan berkelanjutan. Metode yang digunakan adalah penelitian pustaka kualitatif, dengan mengkaji berbagai literatur, jurnal, dan dokumen terkait investasi syariah. Hasil penelitian menunjukkan bahwa keberhasilan portofolio syariah ditentukan oleh pemahaman prinsip dasar syariah, strategi diversifikasi, pemilihan instrumen yang tepat seperti saham syariah, sukuk, reksa dana syariah, dan emas, serta pengelolaan risiko yang sesuai dengan profil investor. Selain keuntungan finansial, investasi syariah juga memberikan dampak sosial positif dan mendukung ekonomi berkelanjutan. Kata kunci : Portofolio, investasi, syariah
Strategi Peningkatan Kualitas Pelayanan Sertifikasi Tanah di Kantor Pertanahan Kabupaten Mandailing Natal Kecamatan Panyabungan Paisal Rahmat; Lely Afriani; Ummi Hannum; Emelia Anjani; Mulyadi Hakim; Ahmad Faisal Tanjung; Amir Husin
Jejak digital: Jurnal Ilmiah Multidisiplin Vol. 2 No. 3 (2026): MEI 2026
Publisher : INDO PUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/5gss0a20

Abstract

This study aims to analyze strategies for improving the quality of land certification services at the Kantor Pertanahan Kabupaten Mandailing Natal. Land certification services constitute an important form of public service in ensuring legal certainty of land ownership rights for the community. In practice, there are still various administrative, technical, and social challenges that affect service effectiveness. Therefore, appropriate strategies are required to enhance service quality so that it becomes more effective, efficient, transparent, and accountable. This research employs a qualitative method with a descriptive approach. The findings indicate that strategies to improve service quality are implemented through three main aspects: organizational structure development, simplification of service systems and procedures, and strengthening of service culture. Organizational structure development is carried out through a clear division of duties and functions in accordance with job descriptions. The simplification of systems and procedures is implemented through the application of Standard Operating Procedures (SOPs) and the provision of transparent administrative requirement information. Meanwhile, strengthening service culture is reflected in the friendly, responsive, and professional attitude of employees in serving the public.
Tantangan Pasar Saham Indonesia dan GCC: Studi Risiko dan Return pada Investasi di Pasar Modal Lily Muthia Arini; Fitri Kholilah; Mhd Avif Rahman; Paisal Rahmat
PESHUM : Jurnal Pendidikan, Sosial dan Humaniora Vol. 5 No. 4: Juni 2026
Publisher : CV. Ulil Albab Corp

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56799/peshum.v5i4.19282

Abstract

Perkembangan pasar modal syariah di Indonesia dan kawasan Gulf Cooperation Council menunjukkan karakteristik investasi yang berbeda dalam aspek risiko dan return. Penelitian ini bertujuan membandingkan karakteristik risiko dan return pasar saham syariah Indonesia dan GCC serta mengidentifikasi tantangan struktural yang memengaruhi efisiensi investasi. Penelitian menggunakan pendekatan kualitatif dengan metode studi kepustakaan berdasarkan data sekunder berupa laporan lembaga resmi, publikasi ilmiah, dan dokumen kebijakan terkait pasar modal syariah. Populasi penelitian mencakup literatur mengenai kinerja pasar saham syariah Indonesia dan GCC, sedangkan sampel berupa sumber terpilih yang merepresentasikan indikator volatilitas, pola return, dan Sharpe Ratio. Instrumen penelitian menggunakan teknik dokumentasi dengan kerangka analisis komparatif, sedangkan teknik analisis data menggunakan analisis deskriptif komparatif. Hasil penelitian menunjukkan bahwa pasar Indonesia memiliki potensi return lebih tinggi dengan volatilitas lebih besar, sedangkan pasar GCC menunjukkan stabilitas lebih baik dengan efisiensi risk adjusted return yang lebih tinggi. Kesimpulan penelitian menunjukkan bahwa strategi diversifikasi lintas kawasan antara Indonesia dan GCC dapat meningkatkan keseimbangan portofolio serta mendukung keputusan investasi syariah yang lebih optimal.
Analisis Perbandingan Kinerja Investasi Perbankan Syariah dan Konvensional di Indonesia Nayla Putri Hasibuan; Paisal Rahmat; Risky Hamonangan; Purnama Zein Nasution
Ekonomi, Keuangan, Investasi dan Syariah (EKUITAS) Vol 7 No 4 (2026): May 2026
Publisher : Forum Kerjasama Pendidikan Tinggi (FKPT)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/ekuitas.v7i4.9770

Abstract

nvestment performance is an important indicator in assessing the efficiency, effectiveness, and profitability of banking institutions, especially in comparing conventional and sharia systems that have different operational characteristics. This comparative quantitative research aims to analyze and compare the investment performance of conventional and sharia banking in Indonesia using Bank Rakyat Indonesia (BRI) and Bank Syariah Indonesia (BSI) as representatives of each system. Investment performance is evaluated through Return on Assets (ROA) and Return on Equity (ROE) indicators. This study uses quarterly financial report data for the 2020–2025 period obtained from official bank reports and publications of the Financial Services Authority (OJK). Data analysis techniques include descriptive statistics, normality tests, and hypothesis testing using the Independent Sample t-Test with SPSS. The results show that the average ROA and ROE values ​​of conventional banks tend to be higher than those of sharia banks. However, the Independent Sample t-Test produces a Sig. (2-tailed) value of 0.896 for ROA and 0.914 for ROE. Since this value is greater than the 0.05 significance level, it is concluded that there is no statistically significant difference between the investment performance of Islamic banking and conventional banking. This finding indicates that both banking systems have comparable capabilities in generating profitability and managing investments. The contribution of this study lies in providing the latest empirical evidence regarding the comparative investment performance of BSI and BRI post-merger during the 2020–2025 period, thereby enriching the literature on the competitiveness of Islamic and conventional banking and providing a reference for investors and bank management in making investment decisions and business strategies.
Reconstructing The Regulatory Framework of Stock Waqf In Indonesia’s Sharia Capital Market: Institutional And Sustainability Perspectives Paisal Rahmat; Ilham Putra Usmayani; Syamratun Nurjannah; Haris Maiza Putra; Jureid Jureid
Mawaddah: Jurnal Hukum Keluarga Islam Vol 4 No 1 (2026): Mei
Publisher : Universitas Muhammadiyah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52496/mjhki.v4i1.55

Abstract

The institutional framework and sustainability of waqf in Indonesia hold immense potential for supporting the social and economic development of the Muslim community. However, despite its promise, the sector remains fragmented, and its utilization has not yet been optimized due to the lack of specific legal regulations governing stock waqf. This study analyzes the regulatory framework for stock waqf from the perspectives of institutionalization and sustainability in Indonesia. Employing a qualitative method through normative legal research using a conceptual approach, this study examines the reconstruction of stock waqf from the perspectives of institutionalization and sustainability in Indonesia. The research findings emphasize the need for legal reconstruction regarding the institutional framework and sustainability of stock waqf to integrate collaborative legal regulations among the Indonesia Stock Exchange, the Financial Services Authority, and the Indonesian Waqf Board, as well as to strengthen Islamic financial literacy. Collaborative legal regulation is not only necessary for operational effectiveness but also to integrate waqf into a modern economic framework, including the integration of digital governance systems and the strengthening of electronic nazhir certification systems without compromising their ethical foundations. Recommendations include strengthening specific legal regulations for stock waqf, fostering synergy between the government and religious authorities, and implementing collaborative legal integration among the Indonesia Stock Exchange, the Financial Services Authority, and the Indonesian Waqf Board. These findings contribute to the reconstruction of the endowment system from an institutional perspective and to the sustainability of endowments that are responsive to national socioeconomic needs and the needs of the endowment itself.
Designing A Successful Islamic Investment Portfolio: A Conceptual, Practical, And Inspirational Guide For Muslim Investors Rahmad Hidayat Lubis; Hasnawiyah Hasnawiyah; Riski Rahmadani; Maulana Muklis; Paisal Rahmat
ADILLA : Jurnal Ilmiah Ekonomi Syari'ah Vol. 9 No. 1 (2026): Januari
Publisher : Universitas Islam Darul 'ulum Lamongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52166/adilla.v9i1.9754

Abstract

This study aims to design an Islamic investment portfolio framework that is integrated with sustainability principles (ESG) and evaluate its effectiveness in achieving halal and sustainable investment goals. The method used is a qualitative approach with a literature study, namely reviewing literature from books, journals, official reports, and websites of institutions related to Islamic investment. The analysis is done descriptively and through content analysis to find patterns of meaning and main principles in the management of Islamic portfolios. The results showed that Islamic portfolios that combine Islamic screening, ESG principles, and diversification strategies are able to provide competitive investment returns while being in accordance with Islamic values. The combination of assets such as Islamic stocks, green sukuk, money market instruments, and halal alternatives support portfolio stability. In addition, the use of technology such as Islamic robo-advisors and periodic rebalancing strengthens the effectiveness of portfolio management. In conclusion, a structured and sustainable Islamic portfolio can be a strategic solution for Muslim investors. It is recommended that Islamic financial literacy continues to be improved, ESG integration is expanded in Islamic products, and digital technology is strengthened to create an inclusive and competitive investment ecosystem.
Analysis Of Yusuf Al-Qaradhawi's Fatwa On Boycott Of Israeli Products From An Islamic Economic Perspective Paisal Rahmat Matondang; Afriadi Sanusi; Nur Mutiah; Marlian Arif Nasution
At-tijaroh: Jurnal Ilmu Manajemen dan Bisnis Islam Vol 12, No 1 (2026): JUNI 2026
Publisher : Universitas Islam Negeri Syekh Ali Hasan Ahmad Addary Padangsidimpuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24952/tijaroh.v12i1.19434

Abstract

This study analyzes Yusuf Al-Qaradhawi's fatwa on boycotting Israeli products from an Islamic economic perspective. This fatwa calls for a boycott of products in response to political policies that harm Muslims, especially in the Palestinian-Israeli conflict. The study aims to understand the sharia legal basis underlying the fatwa, as well as its implications for consumption behavior and economic ethics in Islam. Through a qualitative descriptive analysis method, this study explores Al-Qaradhawi's argument that boycott is a legitimate form of economic jihad in order to defend the rights of Muslims, as long as it does not cause harm to the boycotters. The results show that this fatwa is based on the principles of justice, social responsibility and economic solidarity in Islam. Boycotts are seen as a means to protect the interests of the Ummah, reduce economic dependence on countries hostile to Islam, and encourage the growth of local industries. The findings also highlight the challenges and potential economic impact of implementing boycotts in the era of globalization.
Mekanisme Sukuk Hijau: Tinjauan Regulasi dan Praktik di Indonesia Rini Wahyuni BatuBara; MHD Reski Padly Lubis; Kholidatun Napisah; Ferdiansyah; Paisal Rahmat
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 11 No 2 (2026)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/jms.v11i2.31271

Abstract

Green sukuk is an Islamic financial instrument used to finance environmentally friendly projects in supporting sustainable development. Indonesia became a pioneer in issuing green sukuk in 2018, reflecting its commitment to integrating economic and environmental aspects. This study aims to analyze the mechanisms, regulations, and implementation of green sukuk in Indonesia. The method used is a literature study with a descriptive qualitative approach. The results show that green sukuk plays a strategic role in financing green infrastructure and supporting the achievement of sustainable development goals. However, its development still faces challenges such as limited human resources, low public literacy, and risks associated with environmental projects. Therefore, stronger regulations and increased education are needed to support the optimal development of green sukuk.
THE INFLUENCE OF SOCIAL COMMERCE AND E-PAYMENT SERVICES ON THE INCOME OF HALAL CULINARY MICRO, SMALL AND MEDIUM ENTERPRISES (MSMEs) IN PANYABUNGAN SUB-DISTRICT Rahmat, Paisal; Fitri, Meliani
Jurnal Al-Ijtimaiyyah Vol. 11 No. 2 (2025)
Publisher : Universitas Islam Negeri Ar-Raniry Banda Aceh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/al-ijtimaiyyah.v11i2.32664

Abstract

This study aims to determine the effect of social commerce and e-payment services on the income of micro, small, and medium enterprises (MSMEs) in the culinary sector in Panyabungan District. The research method used is quantitative research. The population in this study consists of all culinary MSMEs that use social commerce and e-payment services, with a total population and sample size of 30 respondents. Data analysis techniques used validity tests, reliability tests, classical assumption tests, multiple linear regression analysis, t-tests, f-tests, and coefficient of determination tests. Data processing tools in this study used SPSS 24 software. The results showed that the t-test on the social commerce service variable had a significance value of 0.003 < 0.05 and a t-value of 3.228 > the t-table value of 2.051, so Ha1 was accepted and H01 was rejected, meaning that social commerce services partially had a significant effect on the income of Micro, Small and Medium Enterprises in Mandailing Natal District. Then, the e-payment variable has a significance value of 0.028 < 0.05 and a t-value of 2.329 > the table t-value of 2.051. Thus, Ha2 is accepted and H02 is rejected, meaning that e-payment partially has a significant effect on the income of Micro, Small and Medium Enterprises in Mandailing Natal District. The f test results show that simultaneously or together, the social commerce and e-payment variables have a significant value of 0.000 < 0.05 and an f value of 10.969 > the f table value of 3.35, so Ha3 is accepted and H03 is rejected, meaning that social commerce services and e-payment simultaneously have a significant effect on the income of Micro, Small, and Medium Enterprises in Mandailing Natal District. Furthermore, the three main principles are in line with the practice of utilizing e-payment and social commerce services for halal culinary MSMEs in the Panyabungan sub-district. First, the principle of justice ('adl) emphasizes the fulfillment of the rights of all parties in a balanced manner. Second, the principle of transparency (al-amanah) requires the honest and trustworthy presentation of financial and non-financial information, as a form of accountability not only to fellow human beings but also to Allah. Third, the principle of benefit (maslahah) directs every business activity to provide broader benefits to society, not merely to pursue personal or group profits.
Pengembangan Investasi Syariah Berbasis Fintech Di Era Digital Paisal Rahmat; Marlian Arif Nasution; Fadhilah Hanum Lubis
Jurnal Investasi Islam Vol. 10 No. 1 (2025): Jurnal Investasi Islam
Publisher : FEBI IAIN Langsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32505/jii.v10i1.11119

Abstract

This research aims to develop Islamic investment based on financial technology (fintech) in the digital era, with a focus on increasing financial inclusion, Islamic financial literacy, and developing innovative and efficient investment products. The research method used is a library approach, as well as secondary data analysis from the literature. Overall, this study shows that the development of fintech-based Islamic investment in the digital era requires the integration of sophisticated technology, increased Islamic financial literacy, adequate regulatory support and collaboration between industry players. The development of fintech-based Islamic investment has the potential to increase financial inclusion and provide better investment alternatives for people who want to invest in accordance with sharia principles
Co-Authors Ade Arga Wahyudi Adelina, Selvi Affandi, Faisal Afriadi Sanusi Afriadi Sanusi Ahmad Faisal Ahmad Faisal Tanjung Ahmad Faisal Tanjung Ahyar Hamdi Pulungan Aida Rahmi Aida Rahmi AIDIL NOVIA Ainun Nisa Brt Alek Wissalam Bustami Alimuddin HM Alimuddin HM Alwi Bisri Amir Husin Amir Husin, Amir Apriani, Lely Aril Zumaedi Aulia, Nurhikmah Bayu Purnomo Billah, Salsa Eli Saharni Eli Saharni Emelia Anjani Enni Sari Siregar Evika Damayanti Fadhilah Hanum Lubis Ferdiansyah Fitri Amanda Nasution Fitri Kholilah Fitri, Meliani Hamdanil, Hamdanil Hannum, Ummi Hapipah, Nur Harahap, Mufti Fahrizal Hasibuan, Maulana Sulaiman Hasnawiyah Hasnawiyah Ian Alfian Ibs, Juni Khairani Ilham Putra Usmayani Ira Nabila Nasution Juni Khairani Juni Khairani Ibs Jureid Jureid Kasman Kasman Kasman Kasman Khoiriah, Midatul Kholidatun Napisah Lely Afriani Lely Apriani Lily Muthia Arini Lubis, Delima Sari Lubis, Fadhila Hanum Marlian Arif Nasution Marlian Arif Nasution Matondang, Riswandi Maulana Muklis Maulana Muklis MHD Asril Mhd Avif Rahman MHD Reski Padly Lubis Mia Juliani Monita Rangkuti Muhammad Fauzi Muhammad Ikbal Muhammad Irsan Barus Muhammad Luthfi Mulyadi Hakim Mursal Mursal Nasution, Fitri Amanda Nasution, Ira Nabila Nasution, Rizky Auliya Nasution, Royhan Mustopa Nayla Putri Hasibuan Nisa Brt, Ainun Nst, Nabila Riski Nur Aliyah Nur Hayani Lubis Nur Hidayah Batubara Nur Mutiah Pulungan, Ahyar Hamdi Pulungan, Indah Wahyuni Purnama Zein Nasution Putra, Haris Maiza Putri Khairani, Zenni Rahmad Hidayat Lubis Rahmad Hidayat Lubis Rahmi, Aida Reza Fansyuri REZKI AGRISA DITAMA Rifky, Mulia Rihalah, Saidah Rini Wahyuni Batubara Riski Rahmadani Riski Ramadani Risky Alfandi Risky Hamonangan Risna Hayati Saniah Ilma Lubis Saputra, Muhammad Erwin Sarika Hannum Siti Sahara Siti Sarah SITI SOPUROH Syamratun Nurjannah Thalita Nur Hifda Ummi Hannum Widia Sulastri Yahya Mardana Yusril Mahendra Zuhdi Hasibuan