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All Journal Jurnal Dinamika Ekonomi dan Bisnis Perbanas Journal of Islamic Economics and Business
Rika Rizki Rohmah
Unknown Affiliation
Religion Economics, Econometrics & Finance

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Implementasi Sistem Ekonomi Islam Dalam Mengentaskan Kemiskinan di Jawa Timur Muhammad Syahrul Hidayat; Rika Rizki Rohmah; Binti Nur Asiyah
Jurnal Dinamika Ekonomi & Bisnis Vol 20, No 1 (2023)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jdeb.v20i1.3616

Abstract

Poverty alleviation programs in East Java have not been carried out optimally. Its implementation has not been effective due to the suboptimal management of special autonomy funds and the limited social assistance funds in the regional budget. Therefore, other assistance is needed as a driving force in alleviating poverty through zakat, infaq shodaqoh, and waqf adopted from the Islamic economic system. This study used the literature study method and examined the application of the Islamic economic system in improving the welfare of the people of East Java, especially the grassroots. This research was conducted based on statistical data related to poverty and the Gini ratio from Statistics Indonesia (BPS), Regional Budget (APBD), and Zakat, Infaq, Shodaqoh, and Waqf (ZISWAF) funds from Amil Zakat National Agency (BAZNAS) in East Java. The results of this study indicate that the existence of ZISWAF can be a very potential source of additional funds in assisting government programs to accelerate poverty alleviation. There are five strategic steps that can be taken, including mobilizing the Muslim community massively to become muzakki if they can afford it, legitimizing zakat distribution institutions, improving the internal performance of BAZNAS starting from its distribution which is not only social assistance, but in the form of productive assistance, and intensifying the global ZISWAF concept.
Ketahanan Industri Halal, Fluktuasi Variabel Ekonomi Makro Islam, dan Konsumsi Selama Ramadan di Indonesia Hidayat, Muhammad Syahrul; Rohmah, Rika Rizki; Fauziah, Nur Mahmudah Apriliah; Margareta, Andini Ardy; Fauziah, Atiqo Mita
Perbanas Journal of Islamic Economics and Business Vol 5 No 2 (2025): Perbanas Journal of Islamic Economics and Business
Publisher : Institut Keuangan-Perbankan Dan Informatika Asia Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56174/pjieb.v5i2.343

Abstract

This study examines the resilience of the halal industry in Indonesia against fluctuations in Islamic macroeconomic variables and consumption patterns during Ramadan using a quantitative approach based on the Error Correction Model (ECM). Secondary data were obtained from Statistics Indonesia (BPS), Bank Indonesia, the Financial Services Authority (OJK), the National Committee for Islamic Economy and Finance (KNEKS), and the Indonesia Stock Exchange (IDX) over a ten-year period (2015–2024). The data were collected quarterly, resulting in 40 observations. The estimation results indicate that in the short term, the Halal Industry Resilience Index, Indonesia Sharia Stock Price Index, Rupiah exchange rate against the gold dinar, Zakat, Infaq, and Sadaqah (ZIS), Halal Food Price Index, and changes in demand for halal products during Ramadan positively contribute to the resilience of the halal industry. In contrast, the Sharia Financial Index and household consumption expenditure in the halal sector have a negative impact due to the shift of funds toward the Islamic financial sector andconsumption that is not matched by production. In the long term, exchange rate stability, the distribution of ZIS, and the growth of Islamic stocks are the key factors in maintaining the resilience of the halal industry. These findings align with the halal supply chain theory and Islamic economics, which emphasize economic justice and sustainability. Therefore, optimizing the distribution of Islamic social funds, enhancing supply chain efficiency, and promoting innovation and digitalization are necessary to improve the competitiveness of Indonesia’s halal industry. This study is the first to introduce and empirically examine both the short-term and long-term effects of variables that have not previously been tested together in the context of halal industry resilience.
Co-Authors Binti Nur Asiyah Fauziah, Atiqo Mita Fauziah, Nur Mahmudah Apriliah Margareta, Andini Ardy Muhammad Syahrul Hidayat