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All Journal IQTISHODUNA Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics) Global Review of Islamic Economics and Business Ikonomika : Jurnal Ekonomi dan Bisnis Islam Al-Muzara'ah Al-Iktisab: Journal of Islamic Economic Law The International Journal of Business Review (The Jobs Review) AL-FALAH : Journal of Islamic Economics Journal of Islamic Philanthropy and Disaster Muslim Business and Economic Review Journal of Islamic Economics Lariba Journal of Central Banking Law and Institutions Review of Islamic Social Finance and Entrepreneurship TAMKIN Jurnal Pengabdian Masyarakat Al-Infaq : Jurnal Ekonomi Islam
Nashr Akbar, Nashr
Lecturer, Tazkia University College of Islamic Economics, Bogor-Indonesia
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Mathematics Social Sciences Other

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ANALISIS PERMASALAHAN KOPERASI BAITUL MAAL WA TAMWIL (KBMT) PERKOTAAN (Studi Kasus KBMT di Kota Bogor) Khoirudin, Ahmad; Akbar, Nashr
IQTISHODUNA IQTISHODUNA (VOL 12, NO: 1.
Publisher : Fakultas Ekonomi, UIN Maliki Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (462.38 KB) | DOI: 10.18860/iq.v12i1.3937

Abstract

Microfinance as an effective tool provides financial service for those who do not have the accessor could not be accessed by a commercial bank or other financial institution. The Growth of Baitul Maal watamwil (BMT) as one of the Islamic financial institution is very fast and massive. There are many challengesand obstacles that inhibit the growth of it, either from internal or external of BMT. The purpose of this studyis to identify the issues faced by the urban of BMT (Bogor City), used Analytic Network Process (ANP). Thestudy also attempt to provide solution of the BMT problem faced. The result of this study showed that theproblem of internal Issues was more dominant than External Issues, with the priority level of 54%. Based onthe Internal Problems aspect, the dominant issue was the problem of “Low Quality and understanding ofHuman Resource”. Meanwhile an aspect of the external problem is “the strictness of Business Competition”.Furthermore, the solution could be implemented are 1) Training for Human Recourse 2) BMT Mentoring bythe relevant government.
MAPPING CENTRAL BANK DIGITAL CURRENCY LITERATURE: LESSONS FOR GOVERNMENTS AND RESEARCH Riani, Ririn; Akbar, Nashr
Journal of Central Banking Law and Institutions Vol. 3 No. 2 (2024)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jcli.v3i2.164

Abstract

CBDC has gained popularity in many countries as a result of technological development. Central banks in a number of nations have been experimenting, piloting, launching, and promoting CBDC. Therefore, this study maps CBDC-related literature using a bibliometric approach and content analysis of the Scopus database. The Biblioshiny R Package was used in this study to analyse 190 documents with the keywords “central bank digital currency”. The analysis focuses on the main information about all documents, analysis of scientific production by areas (journals, authors, and countries), document and keyword analysis, and policy recommendations from the previous literature. The results show that CBDCs have had profound effects on monetary and payment systems, and their development could set the stage for a global central bank. The review also addresses the motivations and advantages of issuing a CBDC, including increasing financial inclusion, enhancing monetary policy, andpromoting efficient digital payments. The analysis also reveals that numerous central banks are investigating the possibility of issuing CBDCs due to the numerous advantages of this form of money. There is a lot of potential for theoretical expansion, contextual coverage, and methodological contributions. Furthermore, some policy recommendations from previous literature and directions for future studies are provided in this study.
Investigating The Determinants of Muslim Intention to Accelerate Zakat Payment During The Covid19 Pandemic Mujahidah, Anisa Syahidah; Akbar, Nashr
Journal of Islamic Philanthropy and Disaster (JOIPAD) Vol. 2 No. 2 (2022): July-December 2022
Publisher : Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joipad.v2i2.5121

Abstract

The crisis caused by the COVID-19 pandemic is more severe than other crises that have occurred before such as the crisis in 2008. This is because of the speed and scale it has created. The purpose of this study was to determine the effects of the COVID-19 pandemic crisis on changes in the behavior of Muslims in Indonesia, namely accelerating the payment of zakat during the Covid-19 pandemic. The data used in this study is primary data, where data were collected through questionnaires to respondents who were selected purposively throughout the big islands of Indonesia and collected as many as 256 respondents. By using the Structural Equation Modeling (SEM) Partial Least Square approach, it is found that several variables have an influence on the behavior of Muslims to accelerate paying zakat, including the Attitude variable and the Perceived Behavioral Control variable. However, it was found that the Subjective Norm variable was not proven to significantly influence the behavior of Indonesian Muslims to accelerate paying zakat during the COVID-19 pandemic crisis. The limitations of this study are that the sample that dominates is only from the island of Java and the age proportion of the respondents is dominated by millennials and generation z.
Assessing the Compliance of Online Marketplace Mechanism with Shari’ah Law (Case Study of Bukalapak) Masputra, Iryandi; Akbar, Nashr
AL- IKTISAB Journal of Islamic Economic Law Vol 1 No 2 (2017)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v1i2.2390

Abstract

Bukalapak is one of the biggest online marketplace in Indonesia. Bukalapak providesa place for trading for sellers and buyers, utilizing the applications on the internet as aspace to trade. The objective of the study is to assess the the compliance of product, buyerand seller verification system, payment and delivery transaction system of Bukalapakwith the Shariah law. This research uses a qualitative approach; interview and observation.The collected data will be analysed with interactive analysis model by Miles andHuberman. The result of this study shows that as an online marketplace, Bukalapakcomplies with the legal standards of Shariah law which is based on ijab qabul between theseller and the buyer, also there is a form of liability or indemnity imposed by Bukalapakwith the view of balance and fairness between all Bukalapak users. The result also showsthat Bukalapak had been running based on honesty and openness so that it is able todevelop the market based on Islamic economics. Hence, it earns the trust from the sellersand the buyers as a place for buying and selling.
Interest of Muslim Youth: Purchasing Halal Korean Restaurants in West Java Nuralam, Firly; Akbar, Nashr
AL-FALAH : Journal of Islamic Economics Vol. 9 No. 1 (2024)
Publisher : Institut Agama Islam Negeri (IAIN) Curup

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29240/alfalah.v9i1.9711

Abstract

Purpose: The objective aim this study is to investigate the factors influencing young Muslims' inclinations in West Java to purchase Korean food through visits to Halal-certified Korean restaurants, Employing the Knowledge-Based Theory of Planned Behavior (TPB) framework as the main variables under investigation.Design/Method/Approach: The research methodology utilizes purposive sampling, targeting individuals aged between 16 and 30 years old. Data analysis employs the Structural Equation Modeling with Partial Least Squares (PLS-SEM) method.Findings: Consumer knowledge exerts a positive and notable influence on attitudes, similar to the effects observed with attitudes and subjective norms, which positively and significantly influence the interest of Muslim youth in Halal-certified Korean restaurants. However, perceived behavioral control variables could not be identified as factors significantly influencing the purchase interest of Muslim youth in MUI-certified Halal Korean restaurants.Originality/Values: This article presents several updates, including geographical scope limitations, explanations of the variables used, and novelties in the research period. It is anticipated that the research's findings will significantly enhance marketing tactics and the administration of Halal-certified Korean restaurants in the culinary industry. Additionally, it is hoped that it will also assist business players in this sector in understanding the factors driving the purchase interest of Muslim youth to increase visits to Halal-certified Korean restaurants.
Analyzing Consumer Preferences in Selecting Halal Tourism Destination Jalil, Nurhidayati Kasrul; Akbar, Nashr
AL-FALAH : Journal of Islamic Economics Vol. 9 No. 1 (2024)
Publisher : Institut Agama Islam Negeri (IAIN) Curup

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29240/alfalah.v9i1.9712

Abstract

Purpose: This paper examines consumer behavior, specifically the Indonesian society's preference for making halal tourism in the Riau region a tourism destination.Design/Method/Approach: The methodology applied in this research is quantitative with the SEM-PLS approach. Sampling was done using purposive sampling method. The number of respondents involved was 256 people with an age range of 16 to 55 years old. This study adopts variables based on the Theory of Planned Behavior, which identifies three exogenous latent variables (ɛ), namely Attitude, Subjective Norm, and Perceived Behavioral Control. Meanwhile, the endogenous latent variable (η) in this research is the Preference for Halal Tourism.Findings: The results of this study revealed that the perceived behavioral control variable has the largest, positive, and significant influence.Originality/Values: The implications of this research can assist in the development of the halal tourism industry in Indonesia, particularly in the Riau region. Industry players and stakeholders can take steps and policies to enhance aspects such as subjective norms and perceived behavioral control to meet tourists' preferences. Academics can also contribute to advancing digital literacy, research, and innovation in the halal industry, thereby making a significant contribution to the dynamic and innovative digital ecosystem within the halal value chain.
A Framework of Blue Economics Program Using Blue Sukuk as Socially Responsible and Sustainable Investment Suryomurti, Wiku; Akbar, Nashr
The International Journal of Business Review (The Jobs Review) Vol 6, No 1 (2023): The International Journal of Business Review. June 2023
Publisher : Fakultas Pendidikan Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/tjr.v6i1.57198

Abstract

Abstract. This paper explores the potential issuance of blue sukuk to finance the blue economy project in Indonesia. We first analyze current initiative of Indonesia’s Blue Economics program. Using the theory of change approach, we model the example of blue project and design the suitable sukuk structure to finance the project. We then develop a framework for financing the program using sukuk structures which previously designed for green sukuk.  It is hoped that by issuing the blue sukuk, it may support the SDG program for sustainable finance of blue economics program. Our framework is suitable for both sovereign and corporate blue sukuk. Furthermore, the project-based blue sukuk may support to alleviate the poverty of people who live along the coast and protect them from the impact of climate change. Finally, this study contributes to lay the foundations for further work on Blue sukuk in Indonesia and International as well.Keywords. Blue Sukuk, Blue Economics, Sustainable Finance, Socially Responsible Investment, Climate Change
Program Bantuan Pendampingan Pengurusan Sertifikasi Halal Gratis Bagi Umkm Bersama Mahasiswa IAI Tazkia Indra, Indra; Rahman, Arip; Akbar, Nashr
Tamkin Jurnal Pemberdayaan Tazkia Vol. 3 No. 1 (2025): TAMKIN: Jurnal Pengabdian Masyarakat
Publisher : Tazkia Islamic University College

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tamkin.v3i1.503

Abstract

In 2024, halal certification for business actors will become mandatory based on Law No. 33 of 2014 concerning Halal Product Guarantees, which is also enhanced by Law No. 11 of 2020 concerning Job Creation. However, in practice, there are several obstacles faced by MSMEs in carrying out these obligations, such as; costs, access to information and knowledge for MSMEs, and the process of digitizing halal certification which MSME players do not easily understand. Therefore, this program aims to assist MSMEs in processing halal certification. The target in this first stage is five MSMEs in Bogor City/Regency, which will involve IAI Tazkia students as the accompanying team. The service method used in this community service program is service learning.
Promoting Islamic Private Equity Fund As An Ideal Financial Intermediary Institution Akbar, Nashr; Haeikaly, Muhamad
IKONOMIKA Vol 2 No 2 (2017)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/febi.v2i2.1831

Abstract

The existence of financial intermediation institution is quite necessary to support the economic activity. It serves both surplus unit and deficit unit to meet their wants whereby the former wants to invest his money in the lack of skill, while the latter wants to develop their businesses but does not have adequate capital. Bank institution is the most common institution serving the people’s need of financial intermediation. However, bank has several weaknesses that may harm and hamper the economic development. This paper aims to explore the weaknesses of banks as financial intermediary institutions and then promote Islamic Private Equity Fund as alternative. The result showed that the weaknesses of banks are: 1) fractional reserve banking, 2) fiat money, 3) debt-based investment, 4) risk averse. Furthermore, the study also found that Islamic Private Equity Fund can serve as an ideal financial intermediary institution due to some strengths: 1) no fractional reserve banking, 2) equity-based investment and 3) risk taker
Sentiment analysis of cash waqf using the SentiStrength lexicon-based approach Maulida, Syahdatul; Akbar, Nashr; Kassim, Salina
Journal of Islamic Economics Lariba Vol. 11 No. 2 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss2.art5

Abstract

IntroductionCash waqf is getting popular due to its potential contribution to support socio-economic initiatives as well as its flexibility for donors to participate. Despite this, criticisms surrounding cash waqf are also increasing as the sector continues to expand, which might adversely affect sentiment among future donors. ObjectivesThis study aims to analyze sentiments and perceptions towards cash waqf and subsequently identify specific factors affecting public perceptions toward cash waqf. MethodA total of 242 Scopus-indexed scholarly publications related to cash waqf (1979–2025) were analyzed using the sentiment analysis model: the lexicon-based tool SentiStrength. Sentiment distribution, consistency, and model performance were compared to provide a comprehensive interpretation. ResultsThe findings indicate that neutral sentiment is the highest, with a percentage of 46%, followed by positive sentiment at 34% and negative sentiment at 20%. The positive sentiments include the permissibility of cash waqf from the Islamic perspective by Imam Zufar, the potential of cash waqf to enhance the productivity of immovable waqf assets, an innovative instrument for socio-economic development, the significant role of cash waqf in economic development, and the flexible use of cash waqf to support business ecosystems in diverse sectors. On the other hand, several negative sentiments towards cash waqf cover debates about the impermanence of money as an object of waqf, suboptimal performance of trustees (nazir), relatively low societal awareness and literacy, a mismatch between its potential and the realization, the utilization of cash waqf mostly for religious and social activities (not in productive sectors that may generate income), lack of standardized reporting for cash waqf management, and lack of transparency in reporting to the public.ImplicationsThe findings urge policymakers to tackle the negative sentiments by improving governance, enhancing public awareness, strengthening institutional management of cash waqf, and addressing transparency issues. By addressing these issues, growth of the waqf sector can be further enhanced and accelerated due to increased public trust and participation in cash waqf. Originality/NoveltyThis study offers a novel contribution to Islamic social finance research by applying sentiment analysis to a corpus of 242 Scopus-indexed academic articles focused on cash waqf. While previous studies have extensively explored the legal, operational, and financial dimensions of cash waqf, limited attention has been given to how this topic is framed and evaluated in scholarly discourse. By employing SentiStrength, a lexicon-based sentiment classification tool, this research identifies underlying positive and negative sentiment patterns within academic narratives, thereby uncovering dominant perceptions and concerns around cash waqf implementation.
Co-Authors Abdul Mughni Abrista Devi Al-Shaghdari, Fahd Mohammed Obad Arip Rahman Arsyi, Muhammad Erus Effendi, Erus Grandis Imama Hendra, Grandis Imama Haeikaly, Muhamad Haeikaly, Muhamad Herindar, Evania Hija, Liya Nabilatul Ikhwan, Ihsanul Indra Indra Irfan Syauqi Beik Izza, Nadia Nurul Jalil, Nurhidayati Kasrul Khairunisa, Rizanti Khairunisa, Rizanti Khoirudin, Ahmad Masputra, Iryandi Maulana, Muhammad Iqbal Maulida, Syahdatul Mujahidah, Anisa Syahidah Nuralam, Firly Nurizal Ismail Putra, Rizki Rachmad, Dedy Riani, Ririn Saim Kayadibi, Saim Salina Kassim Suryomurti, Wiku Thuba Jazil Wijaya, Rusdiana Priyatna