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Curriculum Design of Master Program on Islamic Economics in Indonesian, Pakistan, Turkish, and Malaysian Universities Hamid Fahmy Zarkasyi; Setiawan bin Lahuri; Khoirul Umam; Eko Nur Cahyo
TSAQAFAH Vol. 12 No. 1 (2016): Islamic Economics
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/tsaqafah.v12i1.368

Abstract

This research is aimed at finding the curriculum design of Islamic economic, especially on its epistemological basis, its method of integration and its method of teaching. The object of research is postgraduate program at universities that offer the degree of Islamic Economic. The universities that will be researched represent four outstanding countries that have serious concern on Islamic economic studies. Those universities are International Islamic University Islamabad Pakistan, Istanbul Sabahattin Zaim University, International Islamic University of Malaysia and four Universities of Indonesia i.e. Islamic State University Sunan Kalijaga Yogyakarta, Islamic State University Sunan Ampel, University of Airlangga, and STIE Tazkia. The data will be collected through documentary and interview method. To analyze the data the researchers employs descriptive, compare and contrast, and synthesis method. The curriculum design that includes the vision and mission where epistimological aspects are clearly stated, in most of Islamic economics departments. However, not all departments that state explicity their vision and mission and objective clearly have clear statement on the integration of conventional and Islamic economics. Islamic State University Sunan Kalijaga Yogyakarta, Islamic State University Sunan Ampel, University of Airlangga, STIE Tazkia, and Istanbul Sabbahatain Zaim do not state clearly the vision and mission in relation the program of integration and Islamization. So the epistimological aspect is not taken into serious consideration as the vision and mission of the program. The Universities that clearly state the integration and Islamization are Islamic Science University of Malaysia, International Islamic University of Islamabad, and International Islamic University of Malaysia.
The Role of Islamic Bank as Providers of Islamic Wealth Management in Enhancing the Potential of Waqf Funds Ismail, Nurizal; Cahyo, Eko Nur
AL- IKTISAB Journal of Islamic Economic Law Vol 1 No 1 (2017)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v1i1.2381

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The purpose of this paper is to analyze the role of Islamic banks as providers ofIslamic wealth management product in relation with the enhancement of waqf funds.Theauthors use qualitative research that refers to the meanings, concepts, definitions,characteristics, metaphors, symbols and descriptions of the matter understudy by employscontent and descriptive analysis in order to get finding of the study. The data collectionis generated from Islamic sources: Qur’an, Sunnah and some Islamic literatures, andother sources such as books, journals, report documents, magazines and articles frominternet. These sources will be put in to coding and analyzed to answer the researchproblem of study. The role of Islamic wealth management is not only focusing on worldlyinvestment helping the clients’ need, but also hereafter investment. One of the instrumentsof wealth distribution that can be used for hereafter investment is waqf that helps theclients’ wealth to obtain blessing (barâkah) of Allah. By waqf, Islamic wealth managementinstrument can accomodate all models of waqf funds from cash waqf, insurance waqf,corporate waqf, etc. There are three options to of putting their wealth in waqf funds,they are: (i) family waqf, (ii) public waqf, and (iii) combination of waqf. All benefits ofthese waqf can contribute the the development of ummah. This paper is one of the veryfew conceptual studies concerning the practice of Islamic banking in implementing theproduct of wealth management for social purposes which is enhancement of waqf fundsfor the benefit of ummah.
An Analysis of Mudhrabah Contract, Profit Sharing Rate, and Grant (Hibah) of Mudharabah Influence Customer’s Interest to do Saving Case Study: Muamalat Bank, Sragen Branch in 2017 Kamaluddin, Imam; Cahyo, Eko Nur; Triani, Finis
AL- IKTISAB Journal of Islamic Economic Law Vol 2 No 1 (2018)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v2i1.2396

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The purpose of this research is to analyze the influence of mudharaba contract, profitsharing rate and grant of mudharabah muthlaqah contract on customer’s interest to do savingand to ascertain how the mechanism of grant distribution on the mudharabah muthlaqahcontract in Muamalat Bank of Indonesia, branch of Sragen. The findings are that MudharabaContract, Profit Sharing Rate and Grant on the Mudharabah contract, had influenced thecustomer’s interest to do saving in Muamalat Bank. Resulted that F test had shown F point asmuch as 2,783 with significant point as much as 0,165 more than 0.05, while determinationcoefficient was shown by R2 as much as 0.093 or 9,3% had influenced on the customer’sinterest to do saving, while the 90,7% had influenced by other factor.
The Role of State on Social Justice: An Analysis from Ibn Sina’s Perpective Ismail, Nurizal; Cahyo, Eko Nur
AL- IKTISAB Journal of Islamic Economic Law Vol 2 No 1 (2018)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v2i1.2398

Abstract

Every nation attempts to provide welfare for its citizen such as better economic growth,social security and better life. All economic systems either Capitalism or Socialism has thesame objective to provide welfare for its nation. In Islam, welfare lies in complete justice,mercy, welfare, and wisdom; anything that departs from justice to injustice, from mercyto harshness, from welfare to misery and from wisdom to folly has nothing to do with theShari’ah. The Islamic concept and values on welfare of the society are related to Islamiceconomic history that can be found from Qur’an and Sunnah and Islamic literatures suchas history, fiqh, philosophy, kalam, and tasawwuf. it is assumed that there are some Muslimscholars whose works are related to role of state on welfare. Therefore, the study attempts toknow the role of state on social justice derived from Ibn Sina and give some critical study onhis thought. To achieve its objectives; this study employs qualitative research that refers tothe meanings, concepts, definitions, characteristics, metaphors, symbols and descriptions ofthe matter understudy. Moreover, it is used content and descriptive analysis to get findingof the study. The data collection is generated from Islamic sources. The finding of this studyis that Ibn Sina’s thought on state role to promote social justice containts of providing law,job opportunities and social security. These roles of state can contribute to harmony, peaceand welfare of the society.
Cash Waqf Auction for The Establishment of Islamic Institution on The Perspective of Islamic Law and Positive Law (A Case Study on Trensains Islamic Institution, Sragen, 2018-2019) Shalihah, Mar’atus; Cahyo, Eko Nur
AL- IKTISAB Journal of Islamic Economic Law Vol 4 No 1 (2020)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v4i1.4351

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Waqf (endowment) is one of Islamic philanthropy that offers the basics of justice and benefit. It should be managed with innovative management such as cash and productive waqf that can contribute a positive impact on the socio-economic of society. In the context of waqf fundraising, cash waqf auction is one strategy to accumulate the funding. Cash waqf auctions can be used as a supporting instrument to support and to enhance the general public need and education. Besides, waqf is not limited to the utilization as zakat, therefore the community development programs such as streamlining Islamic school can be carried out through waqf auctions funds. This study is an attempt to clarify the implementation of waqf auction to finance the establishment of an Islamic institution. Then, it discuses the concept and practice of this waqf auction on the perspective of Islamic law and positive law. The methodology used is qualitative research that is using legal sociology and critical legal analysis, data collected through field research, a document study,  and in-depth interviews. The documents studied were journals, books, papers, and relevant documents for this study. The finding of research reveals that Trensains Islamic Institution is implementing a similar practice of waqf in general. The uniqueness is introducing to the community the development of the waqf system by opening a service office. In the practice of waqf, the Trensain Islamic Boarding School had previously purchased land using bank funds. While the repayment, Treansain auctioned waqf by publishing waqf certificates of 300 per meter and announced using several media. The system of waqf is carried out together. The practice of waqf in Islamic boarding schools is valid according to the provisions of Islamic law. However, based on positive law, they have not met all the requirements. The problem is that the Trensains Islamic Institution should immediately register the nadzir (manager) in the Minister of Religious Affairs and Indonesian Waqf Board.
The Overview of Sharia Principles on BSI Mobile Banking Aziz, Muhammad Abdul; Cahyo, Eko Nur; Labolo, Sultan Nanta Setia Dien
AL- IKTISAB Journal of Islamic Economic Law Vol 6 No 2 (2022)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v6i2.8683

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••• English ••• Information technology that has developed so rapidly in recent years has directed the focus of large banks to digital services, including mobile banking. The internet's rapid growth is changing how companies connect with their customers, and the banking business is no exception. Of course, the concept of blessing must be prioritized by every Muslim, especially in banking institutions. This research aims to analyse the BSI Mobile application's existing mobile banking service system. In 2021, Bank Syariah Indonesia (BSI) started to merge 3 (three) Islamic commercial banks in Indonesia, at the same time, to support the development of information technology (especially in banking), BSI has also created a BSI Mobile application to facilitate transactions. This research is qualitative research with a grounded research approach and uses a qualitative descriptive analysis method. However, even though the service system in the BSI Mobile application has met customer needs and is under the basic principles of sharia, many customers or the Muslim community who have not used it do not even know the system and application. Ultimately, it will impact applications that cannot be utilized optimally. Based on the results of research that the researcher have done, the BSI mobile banking service system should emphasize the publication and socialization of BSI Mobile products with various methods, including approaches that use sharia principles because legal regulations will be applied due to threats and legal causes that occur. ••• Indonesian ••• Teknologi informasi yang berkembang begitu pesat dalam beberapa tahun terakhir telah mengarahkan fokus bank-bank besar ke layanan digital, termasuk mobile banking. Pesatnya pertumbuhan internet mengubah cara perusahaan terhubung dengan pelanggan mereka, dan bisnis perbankan tidak terkecuali. Tentunya konsep berkah harus diprioritaskan oleh setiap Muslim khususnya di lembaga perbankan. Penelitian ini bertujuan untuk menganalisis sistem layanan mobile banking yang ada pada aplikasi BSI Mobile. Pada tahun 2021, Bank Syariah Indonesia (BSI) sudah mulai menggabungkan 3 (tiga) bank umum syariah di Indonesia, sekaligus untuk mendukung perkembangan teknologi informasi khususnya di bidang perbankan, BSI juga telah membuat aplikasi BSI Mobile untuk mempermudah transaksi. Penelitian ini merupakan penelitian kualitatif dengan pendekatan grounded research, dan juga menggunakan metode analisis deskriptif kualitatif. Namun, meskipun sistem layanan pada aplikasi BSI Mobile telah memenuhi kebutuhan nasabah dan sesuai dengan prinsip dasar syariah, namun banyak dari nasabah atau masyarakat Muslim yang belum menggunakannya bahkan belum mengetahui sistem dan aplikasi tersebut. Pada akhirnya akan berdampak pada penggunaan aplikasi yang tidak dapat dimanfaatkan secara maksimal. Berdasarkan hasil penelitian yang telah peneliti lakukan, sistem layanan BSI mobile banking dapat meningkatkan publikasi dan sosialisasi produk BSI Mobile dengan berbagai metode termasuk pendekatan yang menggunakan dalil prinsil syariah, karena secara hukum peraturan akan diterapkan karena adanya ancaman dan sebab hukum yang terjadi.
Rethinking the Paradigm of Islamic Banking: Integrated of Commercial and Social Oriented Aisyah, Siti; Ismail, Nurizal; Sulaiman, Ibrahim Fahad; Cahyo, Eko Nur; Sup, Devid Frastiawan Amir
AL- IKTISAB Journal of Islamic Economic Law Vol 6 No 2 (2022)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v6i2.8844

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••• English ••• The recent appraisal of Islamic Banking and Finance (IBF) development has focused on the interest based banking system. Banks role and function have been retained to create sharia compliant instruments to replace conventional banks interest based instruments. Another issue is the objective of Islamic banking to contribute to social obligation despite profit maximization. In this context, IBF institutions have been involved in debt financing oriented transactions such as murabahah instead of musyarakah and mudharabah, as they are more profitable. This research attempts to clarify Islamic banking's objective derived from Muslim scholars views and how it complies with sharia. Thus, it is necessary to rethink the paradigm of IBF that is in line with pure Islamic economics, whereas conventional banking has been shifting toward social banking. The methodology used is qualitative-descriptive-literature. The result is, several applied integrated models in IBFs, such as Social Islamic Bank Limited (SIBL), have offered Mudaraba Waqf Cash Deposit Account (MWCDA). Then sadaqa house is provided by Bank Islam Malaysia Berhad (BIMB), an integrated institution model in which Islamic banking can cooperate with other Islamic social finance such as waqf institutions in Indonesia. Finally, the research finding argues that Islamic banking's paradigm is to promote the ummah's maslahat by integrating commercial and social aspects into its operational and objective. ••• Indonesian ••• Penilaian perkembangan Islamic Banking and Finance (IBF) baru-baru ini berfokus pada sistem perbankan berbasis bunga. Peran dan fungsi bank tetap dipertahankan untuk menciptakan instrumen yang sesuai dengan syariah untuk menggantikan instrumen berbasis bunga bank konvensional. Isu lain adalah tujuan perbankan syariah untuk berkontribusi pada kewajiban sosial selain juga keuntungan maksimal. Dalam konteks ini, lembaga IBF telah terlibat dalam transaksi yang berorientasi pembiayaan hutang seperti murabahah daripada musyarakah dan mudharabah, karena lebih menguntungkan. Penelitian ini mencoba mengklarifikasi tujuan perbankan syariah yang berasal dari pandangan cendekiawan Muslim dan bagaimana kepatuhannya terhadap syariah. Dengan demikian, perlu dipikirkan kembali paradigma IBF yang sejalan dengan ekonomi Islam murni, padahal perbankan konvensional sudah bergeser ke arah social banking. Metodologi yang digunakan adalah kualitatif-deskriptif-literatur. Hasilnya, beberapa model terintegrasi yang diterapkan di IBF, seperti Social Islamic Bank Limited (SIBL), telah menawarkan Mudharabah Waqf Cash Deposit Account (MWCDA). Kemudian, rumah sedekah disediakan oleh Bank Islam Malaysia Berhad (BIMB), sebuah model lembaga terpadu dimana perbankan syariah dapat bekerja sama dengan keuangan sosial Islam lainnya seperti lembaga wakaf di Indonesia. Akhirnya, temuan penelitian ini berpendapat bahwa paradigma perbankan syariah adalah mempromosikan kemaslahatan umat dengan mengintegrasikan aspek komersial dan sosial ke dalam operasional dan tujuannya.
THE CONCEPT OF WAQF FROM WORLDVIEW THEORY: The Study of Sharia-Philosophy Amrullah, Khasib; Jamal, Mulyono; Cahyo, Eko Nur; Khakim, Usmanul; Zahro', Khurun'in
Ulul Albab: Jurnal Studi Islam Vol 23, No 1 (2022): Islamic Law and Economic
Publisher : Universitas Islam Negeri Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/ua.v23i1.15694

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This article describes the structure of the waqf concept from a worldview theory perspective. Worldview is simply a fundamental belief system concerning God, reality, man and truth, ethics, etc.; which serves as a guide for human life. A person's worldview will determine his behavior and actions. The next question is what kind of belief concept makes someone willing to do waqf? This article is a literature review that employs qualitative data with a philosophical approach. The data analysis method employs content analysis of data sources from the library. The result shows that the worldview analysis on waqf is a concept that was emerging from the Islamic worldview whose emergence was supported by various other fundamental concepts such as God, Prophets, Revelation, and Sharia (religion). It proves that the structure of the waqf concept is not as simple as handing over the property to Allah for the benefit of others. The peculiarity of such waqf concept seems impossible to be affirmed by the secular Western worldview, which is unable to affirm the concept of revelation, the Prophet, and religion. It also proves that the philosophical foundation of a waqf concept built on an Islamic worldview is very consistent, solid, and even has a broad spectrum that spans the worldly and the hereafter visions simultaneously.
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

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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.
Analysis Of Islamic Business Ethics in Khizanah Gontor Bakery Production Adzimi, Farkhan Rizky; Susilo, Adib; Cahyo, Eko Nur
Journal of Contemporary Applied Islamic Philanthropy Vol. 2 No. 2 (2024): JCAIP
Publisher : Nuban Jagadhita Centre

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62265/jcaip.v2i2.83

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Purpose: This research is motivated by the phenomenon of many cases of poisoning in consumers after consuming food. Khizanah Gontor Bakery Pondok Modern Darussalam Gontor as a business actor can compile its system to continue to implement Islamic business ethics. The purpose of this study is to find out how the Khizanah Gontor Bakery system is in its production and to find out whether this business has implemented Islamic business ethics in its production system. Methodology: This study uses a qualitative method with a type of field research. Data was collected through interviews and observations. This research method is descriptive qualitative which analyzes the Implementation of Islamic Business Ethics in Khizanah Gontor Bakery Business Production. Findings: The results of the study show that Khizanah Gontor Bakery's business production is in accordance with the principles of Islamic business ethics. Business actors use good and halal raw materials for consumption. In their work system, staff and employees have also implemented Islamic ethical principles in them such as unity, justice, will, responsibility and also virtue. Even with the principle of sincerity, Khizanah Gontor Bakery staff carry out all tasks and develop their factory without any salary for them and with full sincerity. This principle is held firmly by the staff and does not commit any fraud in any of its production.