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All Journal JURNAL EKONOMI DAN BISNIS AIRLANGGA Jurnal Ekonomi dan Bisnis Islam Aplikasia: Jurnal Aplikasi Ilmu-Ilmu Agama EkBis: Jurnal Ekonomi dan Bisnis Jurnal Ecogen JCA (Jurnal Cendekia Akuntansi) International Journal of Economics, Business, and Entrepreneurship (IJEBE) Journal of Economics Research and Policy Studies Jurnal Ekonomi Pembangunan, Manajemen & Bisnis, Akuntansi Bulletin of Islamic Economics Journal of Islamic Economic Laws Dirham: Journal of Sharia Finance and Economics
Miftakhul Choiri
Department Of Islamic Economics And Business, UIN Sunan Kalijaga, Yogyakarta
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Potential of Shariah Economy in Promoting Sustainable Economic Development in Indonesia Haninah, Asytiya; Choiri, Miftakhul
JEMBA: Jurnal Ekonomi Pembangunan, Manajemen & Bisnis, Akuntansi Vol. 5 No. 2 (2025): JEMBA : Jurnal Ekonomi Pembangunan, Manajemen dan Bisnis, Akuntansi
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Palangka Raya (UPR)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52300/jemba.v5i2.21168

Abstract

Sharia economy is increasingly gaining attention as an alternative to a just and sustainable economic system. In the context of economic development, the sharia approach is not only oriented towards growth, but also pays attention to aspects of distribution, ethics, and social welfare. This article discusses the potential of sharia economy in driving sustainable economic development in Indonesia by highlighting the role of sharia financial institutions, zakat instruments, waqf, and microfinance. The methods used are literature studies and qualitative descriptive analysis. The results of the study indicate that sharia economy has an effective mechanism in reducing poverty, empowering communities, and creating an inclusive economic system. However, to maximize its contribution, strengthening regulations, increasing public literacy, and collaboration between the government, private sector, and religious institutions are needed
Determinants of poverty levels in Indonesia: The roles of economic growth, HDI, and unemployment Prehatin, Dian; Choiri, Miftakhul
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.1877

Abstract

Poverty remains a major challenge that impedes sustainable development in Indonesia. Although a range of poverty alleviation programs has been implemented, reductions in the poverty rate have not been as substantial as expected. This condition suggests that economic growth and improvements in quality of life have not fully reached vulnerable groups, highlighting the need for empirical analysis to identify the factors shaping poverty levels. This study examines the effects of economic growth, the Human Development Index (HDI), and the unemployment rate on poverty in Indonesia. The study uses a quantitative approach with secondary time-series data from 2011 to 2023 obtained from Statistics Indonesia (BPS). Multiple linear regression is applied to test the relationships among variables. The findings indicate that economic growth and unemployment do not have a statistically significant effect on poverty levels in Indonesia. In contrast, HDI has a significant effect on poverty, underscoring the importance of improving human development through education, health, and a decent standard of living as a key pathway for poverty reduction.
Unveiling Human Flourishing: A Maqashid Al-Shariah Based Human Development Index in Indonesia Gunawan, Dedi; Amal, Muhammad Ahsanul; Choiri, Miftakhul
Dirham: Journal of Sharia Finance and Economics Vol. 1 No. 2 (2025): July
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/josfe.v1i2.3812

Abstract

Purpose: This study investigates the influence of the Maqashid al-Shariah framework—covering the protection of religion (Hifzu al-Din), life (Hifzu al-Nafs), intellect (Hifzu al-Aql), progeny (Hifzu al-Nasl), and property (Hifzu al-Mal)—on Indonesia's Human Development Index (HDI). Methodology: The study employs a qualitative approach, using Eviews-12 software for data analysis, particularly utilizing panel data regression techniques. The sample comprises eight Indonesian provinces: Papua, West Papua, East Nusa Tenggara, West Sulawesi, West Kalimantan, West Nusa Tenggara, North Maluku, and Gorontalo, covering the years 2019-2022. Results: The analysis reveals that the protection of religion (Hifzu al-Din) and intellect (Hifzu al-Aql) significantly affect Indonesia's HDI. However, the protection of life (Hifzu al-Nafs), offspring (Hifzu al-Nasl), and property (Hifzu al-Mal) do not show statistically significant direct impacts on HDI. Conclusion: This study concludes that Maqashid al-Shariah’s framework, specifically religion and intellect protection, plays a significant role in enhancing HDI. This research highlights the relevance of integrating Islamic values into human development measures. Limitations: A limitation of this study is the reliance on data from only eight provinces, which may not represent the broader context of Indonesia. Contribution: This research offers a novel perspective by applying the Maqashid al-Shariah framework to assess human development indicators in Indonesian provinces, contributing to the development of an Islamic approach to human development.
Co-Authors Agus Faisal Ahsanul Amal, Muhammad amal, Muhammad ahsanul Ani Winata, Wahyu Putri Arafah, Siti Nikmatul Asnafi, Muhamad Faiz Azizah , Lina Badrus Zaman, Akhmad Roja Dedi Gunawan Haninah, Asytiya Jauhari, Fiki Afif Lusiana, Dewi Muhammad Ghafur Wibowo, Muhammad Ghafur Padli Pawaid Yahya Prehatin, Dian Putri, Amila Zamzabila Salic, Jawad Z. Wau, Taosige