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All Journal International Journal of Islamic Economics and Finance (IJIEF) Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi Journal of Digital Marketing and Halal Industry
Al Afif, Rafiq Azzam
Unknown Affiliation
Economics, Econometrics & Finance

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Development of Indonesian Halal Logistic: A Swot Approach Rizki, Darlin; Jadidah, Wanti Nur; Al Afif, Rafiq Azzam; Akhtiar, Muhammad Najid; Athief, Fauzul Hanif Noor
Journal of Digital Marketing and Halal Industry Vol 6, No 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jdmhi.2024.6.1.22678

Abstract

Increasingly, consumers are becoming more aware of and concerned about the products they buy and consume. However, products labeled as halal do not necessarily guarantee high halal quality, as there is a potential for contamination due to insufficient monitoring of the distribution chain by the relevant halal authorities in Indonesia. This study aims to analyze the strengths and weaknesses of halal logistics, identify growth opportunities, and assess the threats faced, as well as determine the necessary actions for future development. Using a literature review approach, data were collected from search engine databases including Scopus, Google Scholar, Emerald, ScienceDirect, Taylor Francis, and Wiley Online Library, and then categorized into four SWOT categories. The findings indicate that the strengths of halal logistics lie in the large population and broad market segments, while weaknesses include regulatory issues and the lack of specialized halal logistics infrastructure. Opportunities could enable Indonesia to become a leading producer in the global halal trade, despite challenges such as the rise of counterfeit products and the production burdens associated with halal schemes. The final section of the study proposes relevant development strategies for stakeholders in the field of halal logistics. This research provides a reference for policy formulation and assessing the readiness of business actors and public consumption preferences regarding the halal concept. The findings underscore the need for comprehensive halal logistics regulations to ensure standardization, compliance, and security, while leveraging Indonesia's demographic strengths to promote halal products in international markets. The novelty of this research lies in identifying Indonesia's specific strengths and weaknesses in halal logistics and proposing strategies to enhance Indonesia's position as a global leader in branded halal trade.
Determinants of Islamic Financial Institutions on Poverty Reduction: A Systematic Review Al Afif, Rafiq Azzam; Esaputra, Ahmad Baihaqi; Rahmatdi; Ahmadi, Mirzam Arqy
International Journal of Islamic Economics and Finance (IJIEF) Vol. 8 No. 2 (2025): IJIEF Vol 8 (2), July 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/ijief.v8i2.27476

Abstract

This study explores the multifaceted determinants of Islamic Financial Institutions (IFIs) in alleviating poverty by employing a qualitative meta-synthesis approach guided by the ENTREQ protocol. The research synthesizes findings from 23 scholarly articles indexed in Scopus to identify key internal and external factors influencing IFI performance in poverty alleviation. These determinants are systematically categorized into a strategic quadrant model: internal-structural, internal-behavioural, external-structural, and external-behavioural. Internal-structural elements such as institutional capacity, operational models, access to capital, and adherence to Islamic values significantly affect the success of IFIs, while internal-behavioural dimensions highlight the roles of innovation, religiosity, and community-based initiatives. Externally, the legal and policy environment, cultural dynamics, public perception, and economic conditions emerge as critical influences on IFIs’ outreach and effectiveness. The findings reveal that IFIs often face challenges in maintaining their developmental focus due to resource limitations, regulatory gaps, and competitive financial landscapes. Nonetheless, when grounded in Islamic ethical principles and supported by appropriate institutional frameworks, IFIs demonstrate a strong potential to deliver inclusive financial services and uplift marginalized communities. The novelty of this study lies in its integrative approach to consolidating diverse themes into a coherent analytical framework, offering actionable insights for practitioners, regulators, and scholars. It emphasizes that successful poverty alleviation through IFIs requires a synchronized interplay of ethical commitment, institutional readiness, policy support, and grassroots participation. The results contribute to the development of strategic recommendations for enhancing the role of Islamic finance in addressing poverty across different socio-economic and regulatory contexts.
Development of Indonesian Halal Logistic: A Swot Approach Rizki, Darlin; Jadidah, Wanti Nur; Al Afif, Rafiq Azzam; Akhtiar, Muhammad Najid; Athief, Fauzul Hanif Noor
Journal of Digital Marketing and Halal Industry Vol. 6 No. 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jdmhi.2024.6.1.22678

Abstract

Increasingly, consumers are becoming more aware of and concerned about the products they buy and consume. However, products labeled as halal do not necessarily guarantee high halal quality, as there is a potential for contamination due to insufficient monitoring of the distribution chain by the relevant halal authorities in Indonesia. This study aims to analyze the strengths and weaknesses of halal logistics, identify growth opportunities, and assess the threats faced, as well as determine the necessary actions for future development. Using a literature review approach, data were collected from search engine databases including Scopus, Google Scholar, Emerald, ScienceDirect, Taylor & Francis, and Wiley Online Library, and then categorized into four SWOT categories. The findings indicate that the strengths of halal logistics lie in the large population and broad market segments, while weaknesses include regulatory issues and the lack of specialized halal logistics infrastructure. Opportunities could enable Indonesia to become a leading producer in the global halal trade, despite challenges such as the rise of counterfeit products and the production burdens associated with halal schemes. The final section of the study proposes relevant development strategies for stakeholders in the field of halal logistics. This research provides a reference for policy formulation and assessing the readiness of business actors and public consumption preferences regarding the halal concept. The findings underscore the need for comprehensive halal logistics regulations to ensure standardization, compliance, and security, while leveraging Indonesia's demographic strengths to promote halal products in international markets. The novelty of this research lies in identifying Indonesia's specific strengths and weaknesses in halal logistics and proposing strategies to enhance Indonesia's position as a global leader in branded halal trade.
The Effects of Various Internal and External Factors on the Movement of the Indonesian Sharia Stock Index on the Indonesia Stock Exchange Setyowati, Eni; IH, Maulidah; Soebagiyo, Daryono; Al Afif, Rafiq Azzam; Hidayah, Annisa Nur; Masitoh, Siti; Kamara, Ibrahim Sorie
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 2 (2024): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i2.2024.pp202-212

Abstract

This study analyzed several factors that affect the Indonesian Sharia Stock Index. The use of the inflation-currency rate, the availability of money, and the BI rate were all internal factors considered in this study. Meanwhile, the external factors used in this study were international gold and oil prices. The Engle-Granger Error Correction Model was used to analyze time series data in this study. The research used the monthly period started from May 2013 until January 2022. The long-term results of the research variables that could influence the exchange rate, total money supply, world oil prices, and world gold prices were all dependent on the Indonesian Sharia Stock Index. Meanwhile, the factors that influence the short-term movement of the ISSI exchange rates were inflation, and the BI rate variables.
Co-Authors Ahmad Baihaqi Esaputra Akhtiar, Muhammad Najid Daryono Soebagiyo Eni Setyowati Fauzul Hanif Noor Athief Hidayah, Annisa Nur IH, Maulidah Jadidah, Wanti Nur Kamara, Ibrahim Sorie Mirzam Arqy Ahmadi Rahmatdi Siti Masitoh