Hamdun, Nabil Ghazy
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Empowerment of Women-Owned Businesses through Islamic Financial Inclusion Instruments: The Role of Crowdfunding Al Berto, Muhammad; Hamdun, Nabil Ghazy; Abror, Moh Arifal
Jurnal Ekonomi dan Bisnis Islam (JEBI) Vol. 5 No. 1 (2025): Maret
Publisher : FAKULTAS EKONOMI DAN BISNIS ISLAMMM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56013/jebi.v5i1.3831

Abstract

Women entrepreneurs face financial constraints due to limited access to traditional banking, lack of collateral, and systemic biases. This study explores Sharia-compliant crowdfunding as an alternative financing model to enhance financial inclusion. Using a qualitative approach with library research, the study proposes a model integrating social intermediation (group formation, client appraisal, capacity building) and financial intermediation (qardh hasan for interest-free loans, musyarakah for investment-based financing). Findings suggest this approach can bridge the financing gap, promote women's economic participation, and create a more inclusive financial ecosystem. Expanding Islamic crowdfunding and financial literacy can further empower women entrepreneurs and drive sustainable economic growth.
Determining Islamic banks’ reputation: Do Islamic CSR, zakat, non-halal fund, and Islamic corporate governance matter? Wardiwiyono, Sartini; Hamdun, Nabil Ghazy; Pambudi, Dwi Santosa
Journal of Accounting and Investment Vol. 26 No. 3: September 2025
Publisher : Universitas Muhammadiyah Yogyakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jai.v26i3.27686

Abstract

Research aims: This study investigates the significance of Islamic Corporate Social Responsibility (ICSR), zakat, non-halal funds, and corporate governance in shaping the reputation of Islamic banks in Indonesia.Design/Methodology/Approach: It utilizes secondary data from various sources through documentation and content analysis methods. A sample of 106 observations was selected using purposive sampling from Islamic commercial banks registered by the Financial Services Authority from 2016 to 2023. Four research hypotheses were formulated and tested using multiple regression analysis.Research findings: The analysis results indicate that ICSR and zakat positively impact the reputation of Islamic commercial banks, whereas the involvement of non-halal funds may diminish their reputation. Insufficient evidence supported the fourth hypothesis, stating that Islamic corporate governance positively affects the reputation of Islamic banks.Theoretical contribution/Originality: This study advances Islamic and sustainable finance by employing eight years of data (2016 to 2023), surpassing prior works with older data and shorter coverage. It also applies a multidimensional approach that captures both positive drivers and reputational risks in Islamic banks. Furthermore, integrating multiple theoretical perspectives offers a novel triangulation, enhancing originality and enriching the scholarly discourse in this domain.Practitioner/Policy implication: The findings of this study provide current empirical insights that can assist Islamic banking practitioners in strengthening their institutions' credibility and public image by optimizing the positive drivers and managing reputational risks. Policymakers can utilize these findings to develop strategic initiatives to enhance Islamic banks' reputation, which may, in turn, contribute to expanding their market share.Research limitation/Implication: This study is limited by the reliance on Islamic corporate governance indicators that may not be sufficiently visible to stakeholders, constraining their observable impact on Islamic bank reputation. Future research should adopt measures such as governance disclosure quality, stakeholder awareness, or perception-based approaches such as surveys and content analysis to better capture how governance influences reputation.