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Application of AI in Halal Marketing: Navigating the Ethical Crossroads Rahman, Md Mahfujur; Mahi, Abdullah Al; Hossian, Md Abu Zarif
West Science Interdisciplinary Studies Vol. 2 No. 04 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i04.866

This article examines the intricate process of applying Artificial Intelligence (AI) in the Halal marketing landscape, situated at a critical ethical crossroads. It explores the integration of AI technologies within Halal marketing strategies, emphasizing the importance of aligning with ethical, legal, and Islamic principles. Highlighting AI's potential to transform consumer engagement and trust, the paper advocates for a proactive approach in developing AI applications that respect Islamic values, consumer privacy, and fairness. It calls for collaborative efforts in crafting regulatory frameworks and ethical AI algorithms that are congruent with Halal standards, thus ensuring technology acts as a catalyst for ethical growth and integrity within the industry. The discussion underscores the dual aspects of opportunities and challenges presented by AI, urging a balanced embrace of technological advancements while safeguarding Islamic ethical and legal norms to foster the ethical expansion of the Halal industry globally.

The Influence of Muslim Religiosity on Waqf Participation: A Meta-Analysis of Factors and Trends (2014–2024) Nugroho, Moh Agus; Larasati, Suci; Rahman, Md Mahfujur
Al'Adalah Vol. 27 No. 2 (2024): Articles in press
Publisher : LP2M IAIN Jember (now UIN Kiai Haji Achmad Siddiq Jember)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35719/aladalah.v27i2.514

This study analyzes the relationship between religiosity and Muslim participation in waqf through a meta-analysis of 20 studies from 2014–2024. This study is important because although religiosity is considered to influence philanthropy, previous research results have shown significant variations in effects and context. This study fills the gap by evaluating these variations, including regional, cultural, and methodological factors. The study focuses on the extent to which religiosity influences waqf participation. Data were collected from quantitative articles based on Scopus, using JASP software for effect size analysis, heterogeneity, and visualization through forest and funnel plots. The results show a moderate positive effect of religiosity on waqf participation (effect size 0.23) but with high heterogeneity (I² = 96.55%), indicating significant variation between studies. The findings identify contextual factors such as socio-cultural differences, religious practices, and methodological variations as key determinants. The study concludes that waqf promotion strategies must adjust to regional and cultural contexts for greater effectiveness. Recommendations include further cross-cultural research and the development of context-based approaches to reduce heterogeneity. These findings guide policymakers and waqf institutions in designing effective religiosity-based strategies.

GREEN SUSTAINABILITY AND FINANCIAL PERFORMANCE OF HALAL FOOD COMPANIES: EVIDENCE OF MALAYSIA Rahman, Md Mahfujur; Ahmad, Zaki; Mokal, Mahvish Nawaz; Aziz, Muhamad Fikri; Mhd Khotib, Nor Aina
Journal of Islamic Monetary Economics and Finance Vol 10 No 4 (2024)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v10i4.2003

With growing concerns about environmental degradation and its impact on global ecosystems, the Halal food industry is facing increasing scrutiny and pressure to adopt sustainable practices. This research examines the relationship between green sustainability and the financial performance of Halal food companies in Malaysia. Applying a dynamic panel modelling to a sample of 75 companies over 10 years, we document diverse effects of sustainable practices on firms’ financial performance. More specifically, we note that efficient material usage is positively associated with both Return on Assets (ROA) and Tobin's Q (TBQ). Likewise, by reducing costs and enhancing the company's public image, effective emission management boosts both ROA and TBQ. However, energy-related initiatives negatively impact both ROA and TBQ. Biodiversity efforts, although costly in the short term, contribute to improved long-term market valuation. In a similar vein, while its decreases short-term profitability, environmental sustainability positively influences market valuation. Finally, water management initiatives often lead to decreased ROA and TBQ, which possibly is related to their high costs. From the results, policymakers should support efficient material usage and emission management through incentives to enhance profitability and market valuation. Additionally, they should consider providing financial assistance for biodiversity and environmental compliance initiatives while evaluating ways to mitigate the high costs associated with energy and water management to ensure sustainable industry growth. ACKNOWLEDGMENT We extend our sincere gratitude to the Institute of Halal Management, Islamic Business School, University Utara Malaysia, and the Research and Innovation Management Centre (RIMC) for their invaluable support and contribution to our current research. The institutional support from both entities has greatly enriched our study, emphasizing the significance of sustainable practices in the Halal food industry.

The Influence of Muslim Religiosity on Waqf Participation: A Meta-Analysis of Factors and Trends (2014–2024) Nugroho, Moh Agus; Larasati, Suci; Rahman, Md Mahfujur
Al'Adalah Vol. 27 No. 2 (2024)
Publisher : UIN Kiai Haji Achmad Siddiq Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35719/aladalah.v27i2.514

This study analyzes the relationship between religiosity and Muslim participation in waqf through a meta-analysis of 20 studies from 2014–2024. This study is important because although religiosity is considered to influence philanthropy, previous research results have shown significant variations in effects and context. This study fills the gap by evaluating these variations, including regional, cultural, and methodological factors. The study focuses on the extent to which religiosity influences waqf participation. Data were collected from quantitative articles based on Scopus, using JASP software for effect size analysis, heterogeneity, and visualization through forest and funnel plots. The results show a moderate positive effect of religiosity on waqf participation (effect size 0.23) but with high heterogeneity (I² = 96.55%), indicating significant variation between studies. The findings identify contextual factors such as socio-cultural differences, religious practices, and methodological variations as key determinants. The study concludes that waqf promotion strategies must adjust to regional and cultural contexts for greater effectiveness. Recommendations include further cross-cultural research and the development of context-based approaches to reduce heterogeneity. These findings guide policymakers and waqf institutions in designing effective religiosity-based strategies.

Ensuring Halal Product Integrity and an Investigative Study of U.S Policy Practices Rahman, Md Mahfujur; Ahmad, Zaki
Journal of World Science Vol. 3 No. 1 (2024): Journal Of World Science
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/jws.v3i1.528

Anticipating a significant rise to 27% of the global population by 2030, the halal industry is garnering noteworthy attention worldwide. This study provides a comprehensive investigation of halal industrial players with the elements of products and the United States' regulatory landscape. It aims to scrutinize the hurdles faced by the halal industry and gauge the effectiveness of prevailing policies. The research methodology encompasses a series of phone interviews with industry experts, complemented by extensive desktop research encompassing research papers, articles, journals, textbooks, and news reports. This study is guided by three primary research objectives. It aims to gain insights from key industry stakeholders, understand non-halal elements in products beyond meat in the Muslim market, and evaluate halal industry policies in the United States, emphasizing their origins and the role of independent organizations in ensuring compliance. The findings illuminate prevalent policy adoption and underscore the paramount importance of standardized approaches and stringent oversight within the halal industry. Thus, the current research offers invaluable insights into the dynamic landscape of halal products and policies in the United States, enriching the ongoing discourse on the industry's trajectory and sustainability.

Application of AI in Halal Marketing: Navigating the Ethical Crossroads Rahman, Md Mahfujur; Mahi, Abdullah Al; Hossian, Md Abu Zarif
West Science Interdisciplinary Studies Vol. 2 No. 04 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i04.866

This article examines the intricate process of applying Artificial Intelligence (AI) in the Halal marketing landscape, situated at a critical ethical crossroads. It explores the integration of AI technologies within Halal marketing strategies, emphasizing the importance of aligning with ethical, legal, and Islamic principles. Highlighting AI's potential to transform consumer engagement and trust, the paper advocates for a proactive approach in developing AI applications that respect Islamic values, consumer privacy, and fairness. It calls for collaborative efforts in crafting regulatory frameworks and ethical AI algorithms that are congruent with Halal standards, thus ensuring technology acts as a catalyst for ethical growth and integrity within the industry. The discussion underscores the dual aspects of opportunities and challenges presented by AI, urging a balanced embrace of technological advancements while safeguarding Islamic ethical and legal norms to foster the ethical expansion of the Halal industry globally.

GREEN SUSTAINABILITY AND FINANCIAL PERFORMANCE OF HALAL FOOD COMPANIES: EVIDENCE OF MALAYSIA Rahman, Md Mahfujur; Ahmad, Zaki; Mokal, Mahvish Nawaz; Aziz, Muhamad Fikri; Mhd Khotib, Nor Aina
Journal of Islamic Monetary Economics and Finance Vol. 10 No. 4 (2024)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v10i4.2003

With growing concerns about environmental degradation and its impact on global ecosystems, the Halal food industry is facing increasing scrutiny and pressure to adopt sustainable practices. This research examines the relationship between green sustainability and the financial performance of Halal food companies in Malaysia. Applying a dynamic panel modelling to a sample of 75 companies over 10 years, we document diverse effects of sustainable practices on firms’ financial performance. More specifically, we note that efficient material usage is positively associated with both Return on Assets (ROA) and Tobin's Q (TBQ). Likewise, by reducing costs and enhancing the company's public image, effective emission management boosts both ROA and TBQ. However, energy-related initiatives negatively impact both ROA and TBQ. Biodiversity efforts, although costly in the short term, contribute to improved long-term market valuation. In a similar vein, while its decreases short-term profitability, environmental sustainability positively influences market valuation. Finally, water management initiatives often lead to decreased ROA and TBQ, which possibly is related to their high costs. From the results, policymakers should support efficient material usage and emission management through incentives to enhance profitability and market valuation. Additionally, they should consider providing financial assistance for biodiversity and environmental compliance initiatives while evaluating ways to mitigate the high costs associated with energy and water management to ensure sustainable industry growth. ACKNOWLEDGMENT We extend our sincere gratitude to the Institute of Halal Management, Islamic Business School, University Utara Malaysia, and the Research and Innovation Management Centre (RIMC) for their invaluable support and contribution to our current research. The institutional support from both entities has greatly enriched our study, emphasizing the significance of sustainable practices in the Halal food industry.

Application of AI in Halal Marketing: Navigating the Ethical Crossroads Rahman, Md Mahfujur; Mahi, Abdullah Al; Hossian, Md Abu Zarif
West Science Interdisciplinary Studies Vol. 2 No. 04 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i04.866

This article examines the intricate process of applying Artificial Intelligence (AI) in the Halal marketing landscape, situated at a critical ethical crossroads. It explores the integration of AI technologies within Halal marketing strategies, emphasizing the importance of aligning with ethical, legal, and Islamic principles. Highlighting AI's potential to transform consumer engagement and trust, the paper advocates for a proactive approach in developing AI applications that respect Islamic values, consumer privacy, and fairness. It calls for collaborative efforts in crafting regulatory frameworks and ethical AI algorithms that are congruent with Halal standards, thus ensuring technology acts as a catalyst for ethical growth and integrity within the industry. The discussion underscores the dual aspects of opportunities and challenges presented by AI, urging a balanced embrace of technological advancements while safeguarding Islamic ethical and legal norms to foster the ethical expansion of the Halal industry globally.

Impact of Productive Waqf Management in Indonesia and Malaysia: Systematic Literature Nugroho, Moh Agus; Rusdi, Wahyudi; Rahman, Md Mahfujur
Li Falah: Journal of Islamic Economics and Business Vol. 7 No. 2 (2022): December 2022
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v7i2.4489

In the management of productive waqf, Indonesia and Malaysia are countries that are quite serious in dealing with waqf issues. Both countries are also predominantly Muslim, so the impact of productive waqf management is certainly very helpful for the two countries' economies. Using the Systematic Literature Review (SLR) method to describe the impact of productive waqf management in Indonesia and Malaysia. There were 75 journals studied, filtered by timeline, type, language, country, topic and participant. Ten articles that meet the criteria. SLR identified that 90% of the population are Nazhir or waqf managers, which is a very important population for the success of productive waqf management. The agricultural management sector was the most widely used by Nazhir to maximize productive waqf with a percentage of 40%. The health sector, such as hospitals and clinics, became the productive waqf management sector which Nazhir often used to maximize income with a percentage of 30%. Then in the rental housing sector with a percentage of 20% and 10% in the minimarket or retail sector and others. The SLR method has identified a management system with a profit-sharing system, and investment allocation mapping is the method used by Nazhir.

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