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Journal : Jurnal Multidisiplin West Science

Trends in Sustainable Banking Practices: A Bibliometric Review of Green Financial Services and Risk Management Strategies Loso Judijanto; Sabil Mokodenseho; Abdul Tiar Mokodompit; Magfira Mamonto; Siti Madina Lantong
Jurnal Multidisiplin West Science Vol 3 No 03 (2024): Jurnal Multidisiplin West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jmws.v3i03.1049

Abstract

Sustainable banking practices and environmentally friendly financial services are becoming an increasing research focus in the modern financial era. This article performs a bibliometric review of trends and strategies in this domain. It was found that green finance concepts, such as green bonds and environmentally friendly banking practices, as well as the integration of financial technology (fintech), were in the main spotlight. However, the COVID-19 pandemic has also influenced green investment trends and environmental risk management strategies. In conclusion, this article highlights future challenges and opportunities, including the integration of fintech in green finance, green banking practices in various countries, and the contribution of the financial sector to achieving the Sustainable Development Goals (SDGs).
The Role of Sharia Risk Management, Islamic Investment Ethics, and Riba-Free Financing in the Development of the Halal Industry in Indonesia Loso Judijanto; Sabil Mokodenseho; Ismail Fahriassin Birah; Anggi Mamonto; Gia Lestia Mokodongan
Jurnal Multidisiplin West Science Vol 3 No 03 (2024): Jurnal Multidisiplin West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jmws.v3i03.1061

Abstract

The Halal industry has emerged as a significant economic sector globally, driven by the growing demand for products and services that conform to Islamic principles. In Indonesia, with the world's largest Muslim population, the Halal industry has enormous potential for growth. This study investigates the role of Shariah risk management, Islamic investment ethics, and usury-free financing in shaping the trajectory of the Halal industry in Indonesia. Using quantitative analysis through structural equation modeling (SEM), this study examines the relationship between these financial practices and the development of the Halal industry. Data collected from key stakeholders in the industry revealed significant positive relationships between Shariah risk management, Islamic investment ethics, usury-free financing, and Halal industry development. The findings provide valuable insights for policy makers, investors, and industry stakeholders looking to foster sustainable growth and innovation in the Halal industry in Indonesia.
The Impact of Effectiveness of Zakat Management and Transparency of the Use of Zakat Funds on Improving Welfare and Community Empowerment in Central Java Sabil Mokodenseho; Yuniarti Imban; Sarini Dilapanga; Tetriana Manggo; Aisa Paputungan; Serli Kobandaha; Nazria Modeong; Prayascita Paputungan
Jurnal Multidisiplin West Science Vol 3 No 04 (2024): Jurnal Multidisiplin West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jmws.v3i04.1136

Abstract

This research investigates the impact of Zakat management effectiveness and transparency of fund utilization on welfare improvement and community empowerment in Central Java, Indonesia. A quantitative approach, utilizing Structural Equation Modeling with Partial Least Squares analysis, was employed to analyze data collected from 135 respondents, including Zakat beneficiaries and stakeholders. The results indicate significant positive relationships between Zakat management effectiveness, transparency of fund utilization, welfare improvement, and community empowerment. Efficient Zakat management practices and transparent fund utilization are found to positively influence welfare improvement and community empowerment, highlighting the importance of governance mechanisms and accountability in Zakat distribution. These findings have important implications for policymakers, Zakat institutions, and stakeholders involved in Zakat management, emphasizing the need for enhanced transparency and equitable distribution of Zakat funds to promote socio-economic development and empowerment in Central Java.
Co-Authors Abdul Tiar Mokodompit Achmad Abdul Azis Adelia Podomi Adi Nugroho Susanto Putro Adit Mohammad Aziz Afdhal Chatra Perdana Ahmad Labib Majdi Ai Siti Nurmiati Aisa Paputungan Amaludin Bahansubu Anggi Mamonto Anita Ninasari Annisa Mokoginta Aria Elshifa ARIEF BUDI PRATOMO Arief Yanto Rukmana Arifannisa Arifannisa Arkam Lahiya Astika Ayuningtyas Baso Intang Sappaile Bhaswarendra Guntur Hendratri Boby Hidayat Tabilantang Candra Kirana Putri Calya Dawi Yanti Dedi Gunawan Saputra Dhiana Ekowati Dina Amaliyah Mushthoza Dwi Nugraheny Eka Donna Fauziah Lasinggaru Elis Mediawati, Elis Emanuel Bai Samuel Kase Emmi Rahmiwita Nasution Endang Supriatna Erwina Kartika Devi Eva Yuniarti Utami Evelin Ragil Marjoni Marjoni Evra Willya Fahmi Hafiz Munandar Maku Faisal Yasin Fajar Romadhon Fatimah Nur Arifah Fatma Panu Feb Amni Hayati Gia Lestia Mokodongan Gusniarjo Mokodompit Gusti Rusmayadi Halek Mu'min Hanum, Gilang Kartika Harsono Mamonto Harsya, Rabith Madah Khulaili Haslinda Mokodompit Hasrullah Hasrullah Hasrullah Hayu Lusianawati Indra Wati Makalalag Ira Wulan Sari Irawan Irawan Irsan Mamonto Ismail Fahriassin Birah Jainudin Jemmy Jemmy* Jihan Salinsehe Juhrah M. Arib Koko Komaruddin, Koko Lasino J.W. Putro Loso Judijanto Madiha Dzakiyyah Chairunnisa Madinah Mokobombang Magfira Mamonto Mardiati Mardiati Margiyono Suyitno Merdi F. Mamonto Mihrab Afnanda Minun Mokodompit Muh Idris Muh. Idris Muh. Safar Muhammad Ihsan Dacholfany Muhammad Ihsan Dacholfany Muhammad Julianto Sumanta Muhammad Syafri Muhammadong Muhatir Mokoginta Mursyidi Abdul Jalil Nana Rolina Masloman Nazaruddin Ahmad Nazria Modeong Nova Husain Nur Alim Hunawa Nur Syariatin Nurcahyani Dewi Retnowati Nurcahyani Mokodompit Nurilla Paputungan Olivia Tahalele Poetri AL-Viany Maqfirah Prayascita Paputungan Rai Iqsandri Raima Ahmad Ramli Semmawi Rasmita Rasmita Ria Agustina Riani Mamonto Rukhmana, Trisna Sahara Yarbo Sandra Ivonnie Telussa Sarah Pobela Sarini Dilapanga Serli Kobandaha Shohib Muslim Sinta Manoppo Siti Fatimah Zakaria Siti Madina Lantong Siti Nisroha Paputungan Sri Zulhayana Stince Sidayang Sulistyowati, Nur Wahyuning Suprijati Sarib Syarifuddin Syarifuddin Syarifuddin Syarifuddin Yusuf Tamaulina Br Sembiring Tania Prinita Aulia Mamonto Tetriana Manggo Tiara Fathulmila Matiala Tindra Manangin Umi Salawati Wahidin Wahidin Wahyu Wijayati Walil Maulana Yusuf Wily Mohammad Windayanti Wirda Bay Yabes Sentosa Silaban Yana Priyana Yana Priyana Yasin Ibrahim Yenik Pujowati Yuniarti Imban Yusri Golonggom Zainal Arifin Zainol Hasan Zulfikri Darwis Zulkham Sadat Zuwanda