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All Journal Jurnal ICMES: The Journal of Middle East Studies ZAD Al-Mufassirin
Setiono, Muhammad Fahri
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Religion Economics, Econometrics & Finance Education Energy Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Resilience in The Ruins Sarasi, Vita; Nugraha, Denny Sidharta; Farras, Joval Ifghaniyafi; Fadillah, Afrizal; Aulia, Sulthonul; Setiono, Muhammad Fahri
Jurnal ICMES Vol 8 No 2 (2024): Jurnal ICMES: The Journal of Middle East Studies
Publisher : Indonesia Center for Middle East Studies

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35748/jurnalicmes.v8i2.213

Abstract

Amid the devastation caused by the Israeli occupation, the Palestinian economy faces profound systemic challenges, including trade restrictions, widespread unemployment, and collapsing infrastructure. This study adopts a systems thinking approach to explore economic survival under such conditions, bridging the gap in understanding the interconnected dynamics of macroeconomic and microeconomic factors. Using causal loop diagrams, the analysis uncovers reinforcing loops of poverty, aid dependency, and infrastructure collapse alongside balancing loops driven by community resilience and policy interventions. Key findings reveal that trade restrictions have caused GDP contractions of up to 35 percent, while unemployment in Gaza has surged to 45 percent due to disrupted labor markets. Furthermore, only 33 percent of hospitals remain operational, exacerbating health crises and food insecurity. The study emphasizes the critical need for targeted infrastructure investments to restore market functionality and reduce unemployment by 15–20 percent, paired with community empowerment to strengthen resilience. The systems thinking framework offers policymakers actionable insights to navigate the socio-economic complexities of occupation and promote sustainable survival strategies for Palestine.
From Qur’anic Values to Entrepreneurial Impact: Field-Based Case Studies of Islamic MSMEs in Indonesia and Nigeria Sarasi, Vita; Fadillah, Afrizal; Anwar, Khairul; Abdullahi, Nazifi Dahiru; Setiono, Muhammad Fahri; Aswandari, Desi
ZAD Al-Mufassirin Vol. 7 No. 2 (2025): Zad Al-Mufassirin [In Progress]
Publisher : Sekolah Tinggi Ilmu Al-Qur'an (STIQ) ZAD

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55759/zam.v7i2.313

Abstract

This study explores the application of Qur’anic values in entrepreneurial practices and their implications for micro and small enterprises (MSMEs) in Indonesia and Nigeria. Using a qualitative field-based approach supported by library research, five institutions were examined: KOMIDA, Pesantren Daarut Tauhiid, Warteg Syariah, Kampung Marketer, and Jaiz Bank. Findings show that values such as ṣidq (honesty), ʿadl (justice), amanah (responsibility), taʿāwun (mutual assistance), prohibition of riba, and pursuit of barakah are operationalized through mechanisms including interest-free microfinance, group accountability, transparent pricing, faith-based entrepreneurship education, and inclusive institutional financing. In Indonesia, these practices foster trust, solidarity, and sustainability among MSMEs, while in Nigeria, Jaiz Bank demonstrates institutional commitment by expanding sector-specific support. The study’s novelty lies in bridging normative Qur’anic ethics with cross-country empirical evidence, positioning Islamic entrepreneurship as an alternative development paradigm balancing profitability, sustainability, and spiritual accountability. The comparison specifically focuses on dialectics of applying Qur’anic values across different ecosystem dimensions in two distinct context. Practical recommendations include: 1) embedding Qur’anic ethics in entrepreneurship education, SME training, and halal branding and 2) emphasizing policy reforms such as zakat and waqf digitalization, Islamic microfinance strengthening, and aligning regulation with maqāṣid al-sharīʿah. These insights highlight the transformative potential of Qur’anic values in shaping ethical, inclusive, and resilient economic ecosystems.
Co-Authors Abdullahi, Nazifi Dahiru Aswandari, Desi Aulia, Sulthonul Fadillah, Afrizal Joval Ifghaniyafi Farras Khairul Anwar Nugraha, Denny Sidharta Vita Sarasi