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Marketing Ethics at Islamic Banks: Principles and Practices Hadi, M. Qoshid Al; Cahyo, Eko Nur; Budi, Iman Setya
Journal of Islamic Economic Laws Vol 4, No 2: July 2021
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v4i2.14716

Abstract

This article highlights the principles and implementation of Islamic banking marketing ethics. Ethics based on sharia principles are an essential differentiator from their competitors. It begins from the 4 P’s marketing mix framework, namely product, price, promotion, and place. This article is qualitative descriptive research using literature review. This article employs secondary data from 11 articles. The data that has been collected then analyzed with descriptive information. Therefore, through 4 P’s marketing mix lens, this article finds a lack of ethical marketing practices in Islamic Banking from the ethical ideals espoused in the literature. This study analyzes the ethical marketing practices of Islamic banks which can be used as an evaluation of policies in the Islamic financial industry
Hajj Financing Models: Fiqh Analysis of Payment Contracts for Hajj Funds at the Ministry of Religious Affairs in Indonesia Jamal, Mulyono; Zahro', Khurun'in; Nugraheni, Nuriwanda Azizah; Cahyo, Eko Nur
Ulul Albab: Jurnal Studi dan Penelitian Hukum Islam Vol 7, No 2 (2024): Vol. 7, No. 2, April 2024
Publisher : Universitas Islam Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/jua.v7i2.28677

Abstract

Hajj is an act of worship that completes the fifth pillar of Islam for a Muslim and is performed by those who are able. In its implementation in Indonesia, the hajj is organised by the Ministry of Religious Affairs (MORA) of Republic of Indonesia, including the offices of MORA in every city throughout Indonesia. The contract used during the registration of prospective pilgrims is a wakalah contract, but when they attend to the bank, the bank requestions what kind of contract will be employed whether wadi'ah or murabahah. This research is purposed to reveal the repayment contract for prospective pilgrims and analyse the principle of the contract applied in the repayment of funds for prospective pilgrims. The type of research used is field research with qualitative methods using descriptive analysis. The primary data sources in this research are obtained from the MORA of the Republic of Indonesia, while the secondary data was attained from journals or research related to the hajj financing model, then descriptive analysis of the data as material for the research findings. There are two findings in this research, firstly, the contract on the repayment of funds for prospective pilgrims, starting from the wakalah contract between prospective pilgrims and the MORA, this contract will take effect after the repayment of funds for prospective pilgrims. Secondly, the fiqh analysis of the principle of the contract applied to the repayment of funds for prospective pilgrims is wakalah and is appropriate as it should be. Even so, the MORA must also cooperate with stakeholders in providing the best service to hajj pilgrims so that they can perform the worship in holy lands (Madina and Mecca) comfortably and solemnly.
Cultural Identity of Pesantren Cadres in Indonesia Nidzom, Muhammad Faqih; Saifuddin, Ahmad Farid; Khakim, Usmanul; Cahyo, Eko Nur
Scaffolding: Jurnal Pendidikan Islam dan Multikulturalisme Vol. 6 No. 3 (2024): Geographical Coverage: Indonesia
Publisher : Institut Agama Islam Sunan Giri (INSURI) Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/scaffolding.v6i3.6419

Abstract

This study aims to explore the cultural identity of pesantren cadres through the rite of self-endowment (waqf basyari) at Pondok Modern Darussalam Gontor (PMDG). The research employs a qualitative field methodology with an ethnographic approach. Data were collected through participant observation, in-depth interviews with eight informants (two pesantren leaders, four senior cadres, and two junior cadres), and documentation. Data analysis followed Spradley’s ethnographic method, including identifying social domains, semantic relationship analysis, taxonomic analysis, componential analysis, and the identification of cultural themes. The findings reveal that the wakaf diri ritual at PMDG comprises three phases of a rite of passage: separation, liminality, and incorporation. Upon completing these phases, cadres gain a new status as wakaf cadres with a cultural identity encompassing symbolic and intrinsic dimensions. The symbolic identity includes the cadres' daily roles in educating students, assisting the pesantren, and pursuing studies, balanced by entitlements such as welfare as members of the pesantren community. The intrinsic identity consists of three core dimensions: (1) achievements in academic and non-academic fields, (2) dedication through the sacrifice of time, effort, thoughts, and even life, and (3) loyalty manifested as a commitment to PMDG's values, leadership, and system. The intrinsic identity reflects self-development, dedication, and profound love for the pesantren. This ritual shapes cadres who are loyal and uphold the values of the pesantren in their lives.
The Role Of Inflation, Exchange, Exports And Imports On Economic Growth Of Qatar Triyawan, Andi; Cahyo, Eko Nur; Djayusman, Royyan Ramdhani
Wacana Equiliberium (Jurnal Pemikiran Penelitian Ekonomi) Vol 11 No 02 (2023): Wacana Equiliberium (Jurnal Pemikiran Penelitian Ekonomi) : Desember 2023
Publisher : Unversitas Islam Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31102/equilibrium.11.02.142-147

Abstract

Penelitian ini bertujuan untuk menganalisis bagaimana nilai tukar, inflasi, ekspor, dan impor mempengaruhi pertumbuhan ekonomi Qatar antara tahun 2000 dan 2020. Penelitian ini menggunakan regresi linier berganda sebagai metodologinya dan memperoleh data nilai tukar, ekspor, impor, dan inflasi. dari Bank Dunia. Temuan penelitian menunjukkan bahwa perubahan nilai tukar, inflasi, ekspor, dan impor semuanya berdampak pada PDB Qatar. Dengan kata lain, perbaikan pada faktor-faktor tersebut menyebabkan peningkatan PDB, sedangkan pengaruh negatif terhadap faktor-faktor tersebut mengakibatkan penurunan PDB. Selain itu, penelitian ini mengungkapkan korelasi positif antara nilai tukar Qatar dan pertumbuhan ekonominya. Artinya, ketika nilai tukar naik, maka tingkat pembangunan ekonomi juga meningkat.
Exploring Qualitative Descriptive Methods in Korean Linguistic Studies Cahyo, Eko Nur; Darmanto, Darmanto; Muliawan, Anugrah Adi; Maulidita, Salismi Zulfi; Masruroh, Siti
Journal Corner of Education, Linguistics, and Literature Vol. 5 No. 2 (2025): November
Publisher : CV. Tripe Konsultan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54012/jcell.v5i2.619

Abstract

The current research aimed to uncover the use of the descriptive qualitative method in Korean linguistic studies, with the main objective of investigating how this method is applied in such research. This study is not merely theoretical but also practical, as it provides guidelines for conducting research in Korean linguistics using descriptive qualitative approaches. The objects of this study were scholarly articles and relevant books, as well as previous research reports selected through purposive sampling, analyzed using a qualitative approach with a library research method and documentation techniques for data collection. The findings reveal six stages in conducting Korean linguistic research with descriptive qualitative methods: problem identification, literature review, determining research objectives, data collection, data analysis and interpretation, and reporting of findings. Furthermore, data analysis involves four essential steps, namely data collection, data reduction, data display, and drawing conclusions. Although the descriptive qualitative method proves beneficial for research in Korean linguistics, it still presents challenges, particularly the potential subjectivity of researchers during data interpretation. Therefore, this research suggests that future studies should be supported by alternative perspectives, such as quantitative methods or a mixed-methods approach that combines both quantitative and qualitative methodologies in linguistic research.
Assessing the Nâzir Waqf’s Professionalism of Pondok Modern Darussalam Gontor (PMDG) from an Islamic Perspective Zahro', Khurun'in; Zarkasyi, Hamid Fahmy; Roini, Winda; Cahyo, Eko Nur; Wibisono, Vina Fithriana
al-'adalah Vol 22 No 2 (2025): Al-'Adalah
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/adalah.v222.25964

Abstract

This study examines the professionalism of nâzir waqf (endownment administrators) at Pondok Modern Darussalam Gontor (PMDG) in Islamic Boarding School located in Gontor, Ponorogo, West Java, in managing waqf assets. The goal is to obtain an overview of how Islamic principles are applied as a standard of professionalism in waqf governance to improve the community’s economic welfare. This study uses a qualitative approach with a case study method. Data were collected through direct observation, semi-structured interviews, and documentation, applying the triangulation method to ensure data validity. Data analysis follows the interactive model of Miles and Huberman, which includes data reduction, data presentation, and drawing or verifying conclusions. The results of the study show that although the modern professionalism framework often adopts Western professionalism indicators, in fact, long before the emergence of Western theories, Islam already had the same concept rooted in ‘amal (action), itqân (diligence), and ihsân (goodness). These concepts differ both epistemologically and axiologically. A professional nâzir at PMDG is expected to embody the qualities of shiddîq (honesty), amânah (trustworthiness), tablîgh (effective communication), and fatânah (intelligence). He is also expected to act as a manager, administrator, evaluator, leader, supervisor, innovator, and motivator. This study offers a theory-and practice-based model of waqf management professionalism for developing Islamic philanthropic institutions that align governance practices with sharia principles and modern management standards.
Philanthropy and Global Warming: The Potential of Green Waqf in Addressing Climate Change in Indonesia Saputro, M. Bagus; Zahro', Khurun'in; Syahruddin, Syahruddin; Cahyo, Eko Nur
IJIBE (International Journal of Islamic Business Ethics) Vol 10, No 2 (2025): September 2025
Publisher : UNISSULA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ijibe.10.2.144-154

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Indonesia, with its vast tropical rainforests, faces serious threats such as illegal logging and forest fires that exacerbate greenhouse gas emissions and environmental degradation. Amid this crisis, Green Waqf emerges as an innovative solution that leverages philanthropy for environmental conservation. This research examines the potential of Green Waqf in supporting forest conservation, carbon emission reduction, and climate change mitigation in Indonesia. The primary focus is on exploring the integration of Green Waqf with conservation efforts and the social and environmental benefits it offers, as well as identifying challenges and opportunities in its implementation. The methodology employed a qualitative, library-based approach, which enabled the author to verify prior research findings and contribute new elements. Descriptive analysis was used to provide an in-depth understanding of related theories and experts' views. The findings indicate that Green Waqf can be an effective tool for mitigating climate change through forest conservation projects, tree planting, and resource management. In addition to reducing carbon emissions, Green Waqf also provides social benefits by creating local economic opportunities and enhancing community welfare.
Maslahah-Based Evaluation of Mandatory Halal Certification Policy for Street Vendors Eko Nur Cahyo; Maharani Pradnya Paramita; Khurun’in Zahro’
El-Barka Journal of Islamic Economics and Business Vol. 9 No. 1 (2026)
Publisher : El-Barka

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study analyzes the realization of maslahah in the implementation of Government Regulation No. 42 of 2024 concerning mandatory halal certification for street vendors in Blitar Regency. Enforced on October 17, 2024, the regulation aims to ensure halal product assurance, strengthen consumer protection, and support the sustainability of micro and small enterprises. The issue is significant as the policy directly affects informal economic actors who often face regulatory and administrative constraints. This research employs a qualitative descriptive approach. Data were collected through in-depth interviews with street vendors and relevant stakeholders and supported by an analysis of regulatory documents and related literature. The analysis focuses on assessing whether the implementation of the regulation delivers public benefit (maslahah) while maintaining proportionality and legal fairness. The findings indicate that halal certification provides tangible legal and economic benefits, including increased consumer trust, improved sales turnover, expanded market access, and enhanced business legitimacy. The policy has been generally well accepted, particularly due to government facilitation through simplified procedures and the free self-declaration halal certification scheme. From the perspective of Islamic legal theory, the implementation of this regulation reflects maslahah dharuriyah, as it safeguards religious compliance (hifz al-din) and promotes economic welfare (hifz al-mal). This study highlights halal certification as a regulatory instrument aligned with the objectives of Islamic law (maqasid al-shari‘ah).
Waqf-Based Human Capital and Institutional Sustainability: An Ethnographic Study of Waqf Basyari in Indonesian Pesantren Eko Nur Cahyo; Usmanul Khakim; Muhammad Faqih Nidzom; Khurun’in Zahro’; Nurita Binti Juhdi
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 15 No. 1 (2026): April (on progress)
Publisher : Department of Sharia Economics Faculty of Islamic Economics and Business, Universitas Islam Syarifuddin Lumajang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54471/iqtishoduna.v15i1.3700

Abstract

Despite extensive studies on voluntarism in Islam and fiqh-based analyses of waqf, self-devotion (waqf basyari) has never been examined as waqf-based human capital nor linked to institutional sustainability within Islamic economics. This study fills this gap by examining waqf basyari and institutional sustainability at Pondok Modern Darussalam Gontor (PMDG), a century-old Indonesian pesantren. Framed within Islamic economics and waqf-based institutional economics, this ethnographic study employs participant observation, interviews, and document analysis. The findings reveal three results. First, the waqf basyari tradition at PMDG has developed over nearly 100 years from the founders' devotion movement. Second, devoted cadres (kader wakaf) realize institutional sustainability across five Panca Jangka dimensions: education, cadre formation, infrastructure, khizanatullah (asset expansion), and family welfare. Third, these cadres possess six attributes—readiness, time commitment, duty acceptance, evaluation openness, prioritizing the pesantren, and institutional defense—that operationalize waqf-based human capital. This study contributes theoretically to Islamic economics by introducing waqf-based human capital as a new analytical category and demonstrating its causal link to institutional sustainability. The findings offer a replicable model for Islamic educational institutions seeking sustainability beyond lineage-based succession.
Tatanan Sosial Islami Eko Nur Cahyo
Literasi: Jurnal Ilmu Pendidikan Vol. 2 No. 1 (2009)
Publisher : Universitas Alma Ata

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21927/literasi.2009.2(1).61-69

Abstract

In the book "Theory and Practice of Islamic Economics: The Basics of Islamic Economics" Dr. Mohammad Abdul Mannan, explained that the Islamic social order is based on the Quran and the Sunnah of the Prophet Muhammad, which can be formed if each resident is able to maintain harmony among the families, families with the public, community and government, namely creation of an implementation of the rights and obligations can be met. Furthermore, he expressed the characteristics of an Islamic social order that is social equality, the right to exploit the wealth proportionately and private ownership recognized and protected in Islam, an Islamic mandate to engage in economic activities by setting a good rule to ensure the implementation of these activitiesin an honest and benefit, elimination of the capitalist system in all fields of economic activity,  modern planning concept that refers to the utilization of domestic resources to achieve certain goals which are subject to the orders of the holy book of Qur'an and Sunnah, the creation of social justice. Other than that he would affirm the concept of welfare state in Islam, by applying the values in the teachings of Islam as a moral and spiritual values,  economic values, and Islamic social and political values.  Next will be explained about the Islamic social order is clear, concise, and solid.Keywords: Islamic social order and its characteristics, the concept of welfare states with moral , spiritual, social, political, and economic.