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All Journal Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics) IJIBE (International Journal of Islamic Business Ethics) KARSA: Jurnal Sosial dan Budaya Keislaman (Journal of Social and Islamic Culture) Jurnal Al-Qardh Ikonomika : Jurnal Ekonomi dan Bisnis Islam International Journal of Islamic Business and Economics (IJIBEC) Jemasi Jurnal Ekonomi Manajemen dan Akuntansi NUKHBATUL 'ULUM : Jurnal Bidang Kajian Islam EKSISBANK (Ekonomi Syariah dan Bisnis Perbankan) Eduvest - Journal of Universal Studies As-Syirkah: Islamic Economic & Financial Journal
Bayu Taufiq Possumah, Bayu Taufiq
Universiti Kebangsaan Malaysia
Religion Aerospace Engineering Arts Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Health Professions Languange, Linguistic, Communication & Media Neuroscience Social Sciences Other

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Journal : Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics)

 1 
Issues and Economic Role of Waqf In Higher Education Institution: Malaysian Experience Harun, Farra Munna; Possumah, Bayu Taufiq; Mohd Shafiai, M Hakimi Bin; Nor, Abd Halim Mohd
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 8 No. 1 (2016)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v8i1.2514

Abstract

As early as 1980, the Malaysianfederal government’s spending on education, was the highest in East Asia andhigher than the OECD average of 3.4% of GDP. This demonstrates that theMalaysian Government has big expenses from educational sector and respectivelyis amenability for Malaysian economic budget. In other side Waqf in Malaysia isone of large financial source that has not been fully explored. By using qualitative methodology through content analysis this paper attempt to explore the issues andeconomic role of Waqf in Malaysia, especially in Higher Education Institution(HEI) and attempt to study how Waqf fund empowering the education. Thisstudy found that taking the que from the institutions of Waqf, the explorationand development of waqf fund can be exalarate through the formation of formalorganizations at state and federal level and rearrange the Malaysian educationalbudget and policy to support the better quality of HEI.DOI: 10.15408/aiq.v8i1.2514 
Tawhidic Based Economic System: A Preliminary Conception Hilmiyah, Nurul Hilmiyah; Possumah, Bayu Taufiq; Shaifai, Muhammad Hakimi Mohd
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 9 No. 1 (2017)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v9i1.3481

Abstract

This study investigates contemporary mainstream economic system, does Islamic Economics taking advantage of the shortfall of the system outlined above based on Tawhidical approach? By using descriptive qualitative method this paper proposed the appropriate of Islamic economics theorize that the Islamic system provide the ideal form of a socio-economic order. This paper found that Tawhidic based economics approaches can be focused towards seeing wholes of economics, rather than parts; seeing economics activities as a worship, rather than competition; cultivating the solidarity (charity), rather than individualism and creating the justice, rather than injustice. Thus this paper designed to provide the concept of Islamic economic system with Tawhid as the basis, to fit the philosophy of economic science and reality of human life. The paper also shows the position of Tawhid in the system and theory of economy in creating prosperity and benefit for all mankind comparing to mainstream economic system and their theory.DOI: 10.15408/aiq.v9i1.3481 
Consumerism in Personal Finance: An Islamic Wealth Management Approach Amanda, Farisah; Possumah, Bayu Taufiq; Firdaus, Achmad
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 10 No. 2 (2018)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v10i2.5518

Abstract

Consumerism phenomenon has been noticed from various points of view, such culture, psychology, and sociology but rarely linked to personal finance using Islamic wealth management approach. The aims of this study are to understand the causes and impacts of consumerism on personal finance and find the solution to this problem by using Islamic wealth management. By using thematic analysis this study reviewing consumerism from the perspective of personal finance in Islamic wealth management approach. This study found that the causes of consumerism involve both external and internal factors. The impacts of consumerism on personal finance are the debt trap, no productive and charity allocation. An exact number of maximum consumption cannot be set for every individual or family, but they are all agreed that allocating income should be based on the right priority scale. The second finding is we propose Islamic Wealth Management (IWM) approaches in reducing the problem of Consumerism.DOI: 10.15408/aiq.v10i2.5518
Co-Authors Abd Halim Mohd Nor, Abd Halim Mohd Abdul Halim, Zairihan Abdul Hamid Achmad Firdaus Almagribi, Ahmad Bilal Amanda, Farisah Aqbar, Khaerul Arifuddin, Arfan Azwar Azwar Azwar, Azwar Darfiti, Refit Gustaroska Delia Farra Munna Harun, Farra Munna Hilmiyah, Nurul Hilmiyah Husayn, Halimi Indra Indra M Hakimi Bin Mohd Shafiai, M Hakimi Bin Mochammad Ridhwan Musthofa Mongkito, Abdul Wahid Nurul Hilmiyah Pamuncak, Mohammad Bintang Pamuncak, Mohammad Bintang Priyo Susila, Wahyu Dwi Agung Putra, Trisno Wardy Shaifai, Muhammad Hakimi Mohd Sikki, Kaisar Lahiya Yudithama Al Kautsar, Mohammad