Article Per Year (5 Year)
p-Index From 2021 - 2026
1.259
P-Index
This Author published in this journals
All Journal General Multidisciplinary Research Journal Journal of Financial and Business Journal of Community Service and Empowerment
Binda Rahma Cahyani
Universitas Pahlawan Tuanku Tambusai
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Health Professions Languange, Linguistic, Communication & Media Public Health Social Sciences

Published : 7 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search
Journal : general multidisciplinary research journal

 1 
Digital Investment and the Indonesian Capital Market: A Review of Current Evidence Binda Rahma Cahyani; Wahyu Febri Ramadhan Sudirman; Mohd Winario
General Multidisciplinary Research Journal Vol. 3 No. 2 (2026)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63453/general.v3i2.90

Abstract

Introduction:The rapid advancement of information technology has accelerated the digital transformation of Indonesia’s financial sector, particularly in capital market investment activities. The emergence of digital investment platforms, online brokerage services, and financial technology applications has increased retail investor participation by improving accessibility, efficiency, and affordability. Methods:This study employed a qualitative literature review approach. Relevant studies were identified through searches in Scopus, ScienceDirect, and Google Scholar using the keywords digital investment, capital market, financial technology, online trading, retail investors, and Indonesia. The review included peer-reviewed journal articles published between 2020 and 2025. Inclusion criteria comprised studies focusing on digital investment adoption, investor behavior, financial technology, and capital market development, while duplicate articles, conference abstracts, editorials, and studies unrelated to investment activities were excluded. Following the screening process, 30 eligible articles were selected and analyzed using descriptive thematic analysis to identify recurring themes, opportunities, challenges, and research gaps. Results:The findings indicate that digital investment has significantly increased retail investor participation, improved market accessibility, enhanced trading efficiency, and supported financial inclusion in Indonesia. Nevertheless, the rapid expansion of digital investment has also heightened cybersecurity risks, information asymmetry, behavioral biases, and speculative investment practices that may influence investment decisions and market stability.Conclusion and Suggestion:Digital investment has become an important driver of Indonesia’s capital market development. However, sustainable growth requires strengthening financial literacy, enhancing investor protection, improving cybersecurity measures, and implementing adaptive regulatory frameworks. Future studies are recommended to employ empirical methods to examine the causal relationships between digital investment adoption, investor behavior, financial literacy, and capital market performance in Indonesia.
Implementation of the Financial Inclusion Concept in the Zakat Payment System at BAZNAS Kampar Regency Mifta Hasda; Saru Reza; Muhammad Arif; Binda Rahma Cahyani
General Multidisciplinary Research Journal Vol. 2 No. 2 (2025)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63453/general.v2i2.47

Abstract

Introduction:This study explores the implementation of inclusive zakat payment systems at the National Zakat Agency (BAZNAS) in Kampar Regency. Inclusive zakat payment aims to provide broader and easier access for muzakki (zakat payers) in fulfilling their zakat obligations, both through direct and digital channels. This initiative supports financial inclusion by integrating zakat management into accessible and innovative financial services. Methods:The research employed a qualitative approach. Data were obtained through interviews with key informants, including BAZNAS leaders in Kampar Regency, as well as secondary data from relevant literature, reports, and official documents. data analysis using the Miles and Huberman 1994 approach. The analysis focused on understanding the implementation process, accessibility, and service quality of zakat payment mechanisms. Results:The findings indicate that zakat payment access in Kampar Regency is relatively easy and affordable. Muzakki can pay zakat directly at the BAZNAS office, through nearby UPZ (Zakat Units), or via digital platforms. BAZNAS offers various zakat products tailored to the needs of the payers. Additionally, the competence and service quality of amil (zakat officers) are crucial factors influencing effective implementation. The inclusive approach has also contributed to an increase in the total amount of zakat collected in the region. Conclusion and Suggestion: The implementation of inclusive zakat payments at BAZNAS Kampar has successfully expanded access and improved the efficiency of zakat collection. To sustain and enhance these outcomes, BAZNAS is encouraged to continuously develop digital payment innovations, strengthen amil training, and promote public awareness campaigns about the benefits of zakat inclusion.
Financing Risk Management in Islamic Banks Binda Rahma Cahyani; Wahyu Febri Ramadhan Sudirman
General Multidisciplinary Research Journal Vol. 3 No. 1 (2026)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63453/general.v3i1.65

Abstract

Introduction:Financing risk management is a fundamental component of Islamic banking operations because it is directly linked to the potential emergence of non-performing financing (NPF), which may threaten financial stability and long-term performance. Islamic banks operate under Sharia principles that prohibit interest (riba) and emphasize profit-and-loss sharing contracts such as mudharabah and musyarakah. These unique characteristics create a distinct and relatively more complex risk profile compared to conventional banks. Financing risk arises not only from customers’ inability to fulfill contractual obligations but also from information asymmetry, moral hazard, weak monitoring systems, and fluctuating macroeconomic conditions. Methods:This study applies a qualitative approach using a systematic literature review. Relevant national and international journal articles published within the last ten years were collected and analyzed to examine financing risk management practices, determinants of financing risk, and their implications for Islamic banking stability. Results:The findings show that comprehensive risk management covering risk identification, measurement, monitoring, and control significantly reduces NPF levels and strengthens Islamic banks’ resilience during economic uncertainty. Internal factors such as corporate governance quality, effective internal control systems, and managerial competence substantially influence financing risk levels. External factors, including macroeconomic stability, regulatory policies, and overall financial system conditions, also contribute to financing risk dynamics. Conclusion and Suggestion: Strengthening financing risk management is essential to ensure sustainability, credibility, and long-term growth. Islamic banks should enhance governance practices, improve monitoring mechanisms, and continuously adapt risk mitigation strategies to evolving economic and regulatory environments.
Co-Authors Mifta Hasda Mohd. Winario Muhammad Arif Muhammad Syaipudin Rinda Fithriyana Saru Reza Sela Hermawanti Wahyu Febri Ramadhan Sudirman Zubaidah Assyifa