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The Comparative Analysis of Islamic and Conventional Monetary Financial System Zuraidah Zuraidah
Maliki Islamic Economics Journal Vol 2, No 1 (2022): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (226.804 KB) | DOI: 10.18860/miec.v2i1.16600

Abstract

This article aims to analyze the uniqueness of Islamic financial instruments compared to conventional financial instruments and to find out what distinguishes the Islamic monetary framework from the standard monetary framework. The advantages and disadvantages of Islamic and traditional monetary frameworks are also discussed in this paper. This paper uses a writing concentrate approach by collecting information from the analytical writing in question. The side effects of the review suggest that the Islamic Monetary Framework is developing rapidly, playing its part in allocating assets and working on the turn of financial events, and implementing Islamic banking. The results also show that the advantages of Islamic finance can survive despite different monetary emergencies. The progress of Indonesian Islamic Banking evidences it compared to traditional banks.
Sharing Knowledge Produk Halal dan Pelatihan Pendamping PPPH UMKM di Desa Sumbersekar, Kecamatan Dau, Kabupaten Malang Zuraidah Zuraidah; Ni'matuz Zuhro; Mardiana Mardiana
Abdimas Universal Vol. 6 No. 2 (2024): Oktober (In Press)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat Universitas Balikpapan (LPPM UNIBA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36277/abdimasuniversal.v6i2.459

Abstract

MSME, from the beginning to the end recognized as businesses, always tries to get information for the recognition of the business. But in fact, in the middle of the way, the spirit of business is broken by the government regulation procedures which lead to updates every year. We, as researchers and practitioners, have to initiate in helping business actors or MSMEs in providing socialization to mentoring. Especially in the government activities in 2022, BPJPH targeted 30 thousand halal-certified products. By targeting Indonesia as the center of the halal industry, SMEs and MSMEs must get a halal certificate first through the PPH assistance program with the Business Actor Statement scheme or known as Self Declare. This service took place in Sumbersekar Village, Dau District, Malang Regency with a focus on MSMEs in sharing knowledge and PPH assistance by using this Participatory Action Research, this service passes four stages, namely: planning, doing action, observing, and reflecting. The implementation was done in some action stages by using PAR method as follows: MSMEs mentoring in Sumbersekar Village got some changes: first, MSMEs are able to identify problems, such as not having PIRT, NIB, and brand; second, they enhance the understanding that entrepreneurship should be started as the foundation of the government regulations to build the economic independence; third, they are able to do activities in line with the PPH knowledge sharing to mentoring. The results of the service were obtained from 23 MSMEs that were recorded and 15 MSMEs managed to obtain a Business License and obtain Halal Certification, while the remaining 8 MSMEs were still constrained by the licensing process because they were still making product brands. These 8 MSMEs, of course, still get service assistance until they get the expected license letter.