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All Journal Maksimum : Media Akuntansi Universitas Muhammadiyah Semarang SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS Journal of Halal Science and Research
Mamduh, Muhammad Faizul
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Economics, Econometrics & Finance Other

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The Impact of Islamic Finance Development, Economic Growth, Function of Regional Government Budgets on Carbon Emissions in Indonesia Mamduh, Muhammad Faizul; Rusgianto, Sulistya
MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang Vol 14, No 2 (2024): MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang
Publisher : Universitas Muhammadiyah Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26714/mki.14.2.2024.136-150

Abstract

Carbon emissions are a pressing global issue, with international agreements such as the Kyoto Protocol, Paris Agreement, and COP26 aiming to limit temperature rise and achieve net zero emissions. This research investigates the impact of Islamic financial development, economic growth, and government budget functions on carbon emissions in Indonesia, using panel data from 2018 to 2022. The study reveals that Islamic finance, specifically Sharia banking financing, significantly reduces carbon emissions. Conversely, economic growth (GRDP) is positively associated with carbon emissions, while the government’s environmental budget shows a negative relationship but lacks statistical significance. These findings highlight the effectiveness of Islamic finance in promoting environmentally sustainable practices and underscore the need for more effective government budgeting and regulatory measures. Future research should explore a broader range of Islamic finance sectors and budgetary functions to provide a more comprehensive understanding of their impact on carbon emissions. This study’s insights can guide policymakers in reinforcing successful strategies and developing new approaches to achieve emission reduction goals.
Exploring the Economic Benefits of the Halal Certification in International Trade: A Literature Review Muhammad Cholil; Mamduh, Muhammad Faizul; Pertiwi, Tanza Dona; Cipto, Disca Aprilinda; Herianingrum, Sri
SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS SIJDEB, Vol. 8, No. 4, December 2024
Publisher : Faculty of Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/sijdeb.v8i4.435-458

Abstract

This study explores the economic benefits of the halal industry and its role in driving international trade growth. The rapid expansion of the halal industry, driven by the growing global Muslim population, presents significant opportunities in the global supply chain. As the country with the largest Muslim population, Indonesia has the potential to strengthen its economy by enhancing halal product exports. Using a descriptive-qualitative approach through literature review, this study examines strategies for developing Indonesia’s halal industry based on local wisdom and industry potential. To compete globally, Indonesia must optimize key halal sectors such as food, beverages, pharmaceuticals, cosmetics, and emerging industries like fashion and the creative economy. This study offers a recommended model for a competitive global halal market, providing insights for government institutions, industry practitioners, and academics in supporting Indonesia’s vision to lead the global halal industry.
Challenging and encouraging halal certification in handicraft MSMEs Mamduh, Muhammad Faizul; Saputra, Deky Candra; Pertiwi, Soraya Noer; Widiastuti, Tika
Journal of Halal Science and Research Vol. 5 No. 2 (2024): September
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jhsr.v5i2.10626

Abstract

Halal certification, a crucial aspect of the halal product industry in Indonesia, is mandatory for food and beverage products. However, awareness and understanding of halal certification remain low among Handicraft MSMEs (Micro, Small, and Medium Enterprises). This research explores the perceptions, understanding, awareness, and challenges Handicraft MSMEs face regarding halal certification. A qualitative approach with semi-structured interviews was employed as the data collection method, followed by NVivo software analysis. The results indicate that Handicraft MSMEs lack an understanding of the importance of halal certification and are unaware of the obligations and procedures involved. We identified insufficient socialization as a significant obstacle, underscoring the urgent need for more awareness campaigns and educational programs. The complexity of the certification process and lack of coordination among halal institutions are also significant obstacles. This research provides profound insights into the challenges and opportunities in implementing halal certification for Handicraft MSMEs, emphasizing the crucial role of the government in promoting and facilitating halal certification implementation for Handicraft MSMEs to support growth and competitiveness in the market.   Keywords: Halal certification, Handicraft MSMEs, NVivo
Co-Authors Cipto, Disca Aprilinda Muhammad Cholil Pertiwi, Soraya Noer Pertiwi, Tanza Dona Rusgianto, Sulistya Saputra, Deky Candra Sri Herianingrum Tika Widiastuti