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All Journal Sharia Oikonomia Law Journal BISMA: Bimbingan Swadaya Masyarakat
Lee, William
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Religion Arts Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Community Service to Enhance Educational Skills in Rural Communities Muh Barid Nizarudin Wajdi; Brata, Diah Puji Nali; Ulya, Fahimatul; Musnaini, Musnaini; Lee, William
Bisma : Bimbingan Swadaya Masyarakat Vol. 6 No. 6 (2025): February 2025
Publisher : STAI Miftahul ULa Nganjuk

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59689/bisma.v5i4.1175

Abstract

The Integrated Competency-Based Community Service Program (KPM-IK) in Sidoharjo Village focuses on improving educational skills among local educators and community members. The main objective of this program is to enhance the quality of education by providing relevant training in teaching skills and curriculum development, tailored to local needs. The program employs Participatory Action Research (PAR) as its approach, where students collaborate with the community to identify educational challenges, design training modules, and implement solutions. This method ensures active community participation in the process. Results indicate a significant improvement in teaching skills, with participants showing enhanced abilities in class management, effective teaching methods, and the integration of technology in education. The program has successfully empowered the local community to contribute to sustainable improvements in education, fostering a more effective learning environment in Sidoharjo.
Shariah-Compliant Financial Products in Indonesia: Analyzing Consumer Behavior and Market Demand Anderson, Jessica; Lee, William; Taylor, Jennifer
Sharia Oikonomia Law Journal Vol. 3 No. 1 (2025)
Publisher : Yayasan Pendidikan Islam Daarut Thufulah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/solj.v3i1.2077

Abstract

The rising demand for ethical and faith-based investment products in the United States has prompted increased interest in Sharia-compliant investment funds. These funds seek to align financial returns with Islamic principles, including the prohibition of interest (riba), avoidance of excessive uncertainty (gharar), and investment in halal sectors. However, integrating such models within the U.S. financial system presents regulatory challenges, particularly under the oversight of the Securities and Exchange Commission (SEC). This study examines how Sharia-compliant investment funds navigate U.S. regulatory frameworks while maintaining theological legitimacy and investor confidence. Utilizing a qualitative legal research methodology, the study analyzes SEC rules on mutual funds and ETFs, including disclosure, diversification, and fiduciary obligations, alongside Shariah governance standards issued by AAOIFI and other global Islamic finance authorities. Interviews with fund managers, legal counsel, and Shariah advisors provide practical insights. Findings indicate that although structural compatibility is possible, regulatory ambiguities around Shariah governance, purification processes, and ethical screening create operational tensions. The study concludes that successful integration requires interpretive flexibility, SEC engagement, and investor education to ensure both compliance and religious authenticity. The research contributes to broader discussions on financial inclusion, ethical finance, and legal pluralism in global markets.
Co-Authors Anderson, Jessica Brata, Diah Puji Nali musnaini musnaini Taylor, Jennifer Ulya, Fahimatul Wajdi, Muh Barid Nizarudin