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Halal Economic Ecosystem of Indonesia and Thailand through Halal Certification Bodies (BPJPH & CICOT): Ekosistem Ekonomi Halal di Indonesia dan Thailand melalui Lembaga Sertifikasi Halal (BPJPH & CICOT) Jannah, Muti’ah Nurul; Suryani, Suryani; Syarifudin, Efi
Al Dzahab Vol. 6 No. 1 (2025): Al Dzahab: Journal of Economics, Management, Business and Accounting
Publisher : Institut Agama Islam Negeri Kerinci

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32939/dhb.v6i1.4937

Abstract

Purpose: This study aims to analyze the halal economic ecosystem in Indonesia and Thailand through the role of halal certification bodies, namely BPJPH (Halal Product Assurance Organizing Agency) in Indonesia and CICOT (Central Islamic Council of Thailand) in Thailand. Design/methodology/approach: Using a qualitative descriptive research method, this study examines how both countries develop the halal economic ecosystem through aspects of demand, government support, and the availability of halal products. Findings: The results indicate the growth of the halal economic ecosystem, which requires approaches in terms of demand, support, and supply. Research implications: The growing Muslim population drives the increasing demand. The establishment of BPJPH (Halal Product Assurance Organizing Agency) in Indonesia and CICOT (Central Islamic Council of Thailand) illustrates the government’s support for developing the halal economic ecosystem in Indonesia and Thailand. Lastly, the collaboration between Indonesia and Thailand serves as an additional effort to advance the global halal economic ecosystem.
Perception of Ease and Herding Behavior: The Role of Knowledge in Investment Decisions on Gold Among the Youth in Serang City Jannah, Muti’ah Nurul; Suryani, Suryani; Bahri, Syaeful
Eduvest - Journal of Universal Studies Vol. 6 No. 2 (2026): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v6i2.52576

Abstract

The surge in gold prices has given rise to the phenomenon of the gold rush among the younger generation. Technological advancements have increased the ease with which the younger generation can invest in gold, while the fear of missing out (FOMO) can foster herding behavior in gold investment decisions. This study aims to analyze the influence of perceived ease, herding behavior, and the level of investment knowledge on gold investment decisions. It also aims to examine investment knowledge as a moderating variable. The quantitative approach employed in this research uses Partial Least Squares Structural Equation Modeling (PLS-SEM) with random sampling techniques. The findings indicate that investment knowledge has a positive and significant impact on investment decision-making. In addition, the perception of ease has been proven not only to enhance investment knowledge but also to directly drive investment decisions. Meanwhile, herding behavior does not show a significant influence on either investment knowledge or investment decisions. The study also reveals that investment knowledge does not function as a moderating variable in the relationship between herding behavior, perceived ease, and investment decisions.