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Exploring Islamic Social Finance Practices in Muslim Countries Outside ASEAN Samsudin, Samsudin; Fajrillah, Fajrillah; Lubis, Muhammad Arifin; Lubis, Ali Topan; Siregar, Saparuddin; Juliati Nasution, Yenni Samri
Jurnal Penelitian Medan Agama MEDAN AGAMA, VOL. 15, NO. 2, DECEMBER 2024
Publisher : Universitas Islam Negeri Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58836/jpma.v15i2.23068

Abstract

Islamic social finance, such as zakat, waqf, and alms, plays an important role in supporting social welfare and economic development in Muslim countries. The purpose of this paper is to analyze the implementation of sharia social finance in several Muslim countries outside ASEAN, focusing on the implementation mechanisms, challenges, and impacts of such instruments on social and economic development. Digitalization has changed the way Islamic social finance is managed by increasing accessibility, transparency, and efficiency. The application of technology such as sharia fintech, blockchain, and halal crowdfunding strengthens the role of zakat, waqf, and alms in supporting social welfare in Muslim countries outside ASEAN. This research uses a qualitative method based on literature studies with reference to international journals, reports of Islamic financial institutions, and related secondary data. The focus of the research includes how social financial instruments are managed, the role of governments and private institutions in their implementation, and their contribution to poverty alleviation and social welfare. The main results show that the implementation of sharia social finance in countries such as Turkey or Saudi Arabia has succeeded in improving access to education, health services, and community empowerment. However, there are still challenges in the form of low financial literacy, bureaucratic constraints, and the need to increase cooperation between the public and private sectors. The digitalization of Islamic finance has emerged as a potential solution to increase transparency and efficiency in the management of social funds.
Implementation Of Marketing Strategies In Increasing Product Sales Siregar, Saparuddin; Putra, Irhamsyah; Dila Sari, Cut
Taqaddum: Community Service Journal Vol 1, No 1 (2023): Taqaddum: Community Service Journal
Publisher : Universitas Islam Negeri Sumatera Utara

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Abstract

This journal discusses the implementation of marketing strategies as the main key in increase product sales in the Ara fashion industry. This research uses a case study approach to analyze how effective marketing strategies can contribute to sales growth of a product. The methodology involves surveys, interviews, and data analysis to measure the impact of implemented marketing strategies. The research results show that the use of appropriate marketing strategies, such as utilizing social media, improving branding, and product promotion, can significantly increase consumer awareness and, in turn, accelerate the rate of sales. The practical implications of these findings can provide valuable guidance for industry players in designing effective marketing strategies to improve the sales performance of their products.