Article Per Year (5 Year)
p-Index From 2021 - 2026
1.116
P-Index
This Author published in this journals
All Journal SEIKO : Journal of Management & Business JOURNAL SCIENTIFIC OF MANDALIKA (JSM) Jeksyah POMA JURNAL Advances in Economics & Financial Studies INOVASI: Jurnal Ekonomi, Keuangan, dan Manajemen
Maharajabdinul Maharajabdinul
Universitas Fajar Makassar
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Social Sciences Other

Published : 6 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jeksyah

 1 
The Role of Islamic Economics in Indonesia's Growth: Toward Inclusive Development Maharajabdinul; Misbah, Ibah
Jeksyah: Islamic Economics Journal Vol. 5 No. 01 (2025): May 2025 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v5i01.2650

Abstract

Islamic economics has emerged as a crucial driver of macroeconomic growth in Indonesia, a country with the world’s largest Muslim population. Over recent years, this sector has demonstrated notable progress, with Islamic banking assets reaching approximately IDR 1,000 trillion in 2024, maintaining a steady annual growth rate of 10-15%. Islamic economics plays a key role in financing small and medium enterprises (SMEs), developing innovative Islamic financial products, and contributing to poverty alleviation efforts. However, challenges persist, including limited public understanding of Islamic financial products, regulatory inconsistencies, and competition with conventional financial institutions. These obstacles hinder the full potential of Islamic economics, but there are significant opportunities, particularly in Islamic investment products and financial technology (fintech), which could serve as catalysts for future growth. Strengthened collaboration between the government, financial institutions, and society is critical to overcoming these challenges and maximizing opportunities for sustainable and inclusive development. This study explores the role, challenges, and prospects of Islamic economics in Indonesia’s macroeconomic growth and provides strategic recommendations to advance the sector towards greater inclusivity and sustainability.
Co-Authors Abdul Latif Ismail Makuta Juliansyah Roy Madris Mahaputra Mahaputra, Mahaputra Misbah, Ibah