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All Journal Oikonomika: Jurnal Kajian Ekonomi dan Keuangan Syariah Amkop Management Accounting Review (AMAR) ZAWA:Management of Zakat and Waqf Journal Asian Journal of Muslim Philanthropy and Citizen Engagement
Rozi Andrini
Universitas Islam Negeri Sultan Syarif Kasim Riau, Indonesia
Religion Humanities Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

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Green Waqf: A Pathway to Achieving Climate Action and Sustainable Development Goals (SDGs) Rozi Andrini; Razali Razali; Muhammad Deni Putra; Haniah Lubis; Iskandar Ibrahim
ZAWA: Management of Zakat and Waqf Journal Vol. 6 No. 1 (2026): June
Publisher : Institute of Research and Community Service Universitas Islam Negeri Mahmud Yunus Batusangkar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31958/zawa.v6i1.17349

Abstract

This study maps the intellectual landscape of Green Waqf research and identifies its dominant themes and future directions for climate action and sustainable development. Employing a thematic literature review across major academic databases, the research synthesizes scholarly publications to examine the evolution and governance challenges of Green Waqf scholarship. The findings reveal four thematic clusters waqf asset management, Islamic finance instruments, environmental sustainability, and institutional governance. Green Waqf scholarship has evolved from fragmented conceptual discussions toward more empirically grounded research, yet significant gaps persist in empirical validation and governance frameworks. The study argues that Green Waqf represents a promising yet institutionally contested pathway for integrating Islamic philanthropy into climate action, constrained by regulatory fragmentation, limited professional capacity, transparency deficits, and inadequate policy integration. The findings offer policy-relevant insights for strengthening Islamic philanthropy’s role in climate action and sustainable development.
Inovasi dan Penguatan Ekosistem Fintech Syariah di Indonesia: Studi Kasus Crowdfunding dan P2P Lending Syariah di Indonesia Elvira Khairunnisa Ibrahim; Muhammad Albahi; Rozi Andrini
OIKONOMIKA : Jurnal Kajian Ekonomi dan Keuangan Syariah Vol. 6 No. 2 (2025): OIKONOMIKA: Jurnal Kajian Ekonomi dan Keuangan Syariah
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, IAIN Fattahul Muluk Papua

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/oikonomika.v6i2.1871

Abstract

Digital transformation has driven significant growth in Indonesia’s Islamic finance industry. Through innovations in financial technology (fintech), Sharia-based financial services have become more inclusive, efficient, and transparent. This study aims to analyze the forms of Sharia financial product innovations based on fintech, particularly in the models of crowdfunding and Sharia peer-to-peer (P2P) lending, as well as to identify the challenges and strategies for strengthening its ecosystem. The research employs a literature review method with a descriptive-comparative approach, drawing from various academic publications, reports from the Financial Services Authority (OJK), and data from the Indonesian Sharia Fintech Association (AFSI). The findings show that Sharia fintech plays a strategic role in expanding access to halal financing for MSMEs through mechanisms such as mudharabah, musyarakah, and qardh hasan. However, challenges remain in the form of low Islamic financial literacy, limited regulations and human resources, and weak public trust in fund management transparency. Strengthening strategies required include regulatory harmonization and contract standardization, enhancement of Sharia digital literacy, technological innovation through blockchain and smart contracts, and cross-sector collaboration among regulators, academics, and industry players. With the implementation of these strategies, Indonesia’s Sharia fintech ecosystem has the potential to become an inclusive, equitable, and sustainable Islamic financial model aligned with the values of maqāṣid al-sharī‘ah.
Hybrid Philanthropy for SDGs: A Comparative Analysis of Funding Distribution Challenges in Remote Areas of Singapore and India Mohamad Syahreza Pahlevi; Rozi Andrini
Asian Journal of Muslim Philanthropy and Citizen Engagement Vol. 1 No. 2 (2025): Asian Journal of Muslim Philanthropy and Citizen Engagement
Publisher : MD Research Center Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63919/ajmpce.v1i2.24

Abstract

This research examines the distribution of philanthropic funds in the context of achieving the Sustainable Development Goals (SDGs) in remote areas, focusing on two countries: Singapore and India. The approach used is a qualitative literature study aimed at exploring the challenges and opportunities in the distribution of philanthropic funds and understanding the factors influencing the success or failure of philanthropic initiatives in achieving development goals. The main findings indicate that despite significant philanthropic funding efforts in both countries, there is a substantial gap between the initiatives’ objectives and local needs. In India, misalignment between philanthropic policies and socioeconomic conditions, along with infrastructure limitations, often hinders program effectiveness. Meanwhile, in Singapore, although government policy support and digital technology can accelerate resource mobilization, difficulties remain in reaching underrepresented remote areas. The study also highlights the importance of cross-sector collaboration and transparency in fund distribution processes to ensure greater impact on SDG achievement. The scientific contribution of this study introduces the concept of hybrid philanthropy as a potential new model for managing funds for sustainable development purposes. Furthermore, it underscores the need for further research on the roles of government and social institutions in creating a more inclusive and adaptive philanthropic ecosystem responsive to local conditions.
Operational Concepts and Sharia Principles in the Management of Sharia Financial Institutions Muhammad Zuhdi Asyrofi; Muhammad Albahi; Rozi Andrini
Amkop Management Accounting Review Vol. 5 No. 2 (2025): July - December
Publisher : Yayasan Vifada Cendikia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/amar.v5i2.3301

Abstract

Islamic Financial Institutions (IFIs) are financial entities that operate in accordance with Islamic Sharia principles, which prohibit practices such as riba (usury), gharar (uncertainty), and maisir (gambling), while upholding social and economic justice. This article aims to provide a comprehensive explanation of the operational concepts and Sharia principles that underpin the management of Islamic financial institutions, and to analyze their implementation within the modern financial system. This study employs a qualitative approach, drawing on sources from the Qur'an, Hadith, fatwas issued by the National Sharia Board of the Indonesian Ulema Council (DSN-MUI), and regulations issued by the Financial Services Authority (OJK). The findings indicate that the operations of Islamic financial institutions are founded upon three main pillars: justice ('adl), public interest (maslahah), and transparency (amanah). These principles are implemented through various Sharia contracts such as mudharabah (profit-sharing), musyarakah (partnership), murabahah (cost-plus sale), ijarah (leasing), and wakalah (agency). Sharia principles serve not only as a legal and moral foundation but also shape the institution's risk management system, Sharia governance, and Islamic Corporate Social Responsibility (ICSR). Therefore, the management of Islamic financial institutions is not merely profit-oriented but also grounded in spiritual, social, and sustainable economic values for the ummah. This study is expected to enrich academic literature on strengthening Sharia governance and to provide recommendations for regulators and practitioners to enhance the quality of Sharia compliance within the financial sector.
Co-Authors Elvira Khairunnisa Ibrahim Haniah Lubis Iskandar Ibrahim Mohamad Syahreza Pahlevi Muhammad Albahi Muhammad Deni Putra Muhammad Zuhdi Asyrofi Razali Razali