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All Journal Tasfiyah Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah
Kharmain, Muhammad Miftah
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Religion Humanities Economics, Econometrics & Finance Social Sciences

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Pemikiran Etika Perang Imām al-Shawkānī: Analisis Teori Just War dan Relevansi Konflik Israel-Palestina: Imām al-Shawkānī's Thoughts on War Ethics: An Analysis of the Just War Theory and the Relevance of the Israel-Palestine Conflict Rizaka, Maghza; Muhid, Muhid; Nurita, Andris; Badi', Syamsul; Kharmain, Muhammad Miftah
Tasfiyah: Jurnal Pemikiran Islam Vol. 8 No. 2 (2024)
Publisher : University of Darussalam Gontor, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/tasfiyah.v8i2.11959

Abstract

This research analyzes Imām al-Shawkānī’s thoughts on war ethics within the Just War theory perspective, using the book “Nayl al-Awṭār.” The Israel-Palestine conflict is seen as an example of the abuse of power in just war ethics to the detriment of Palestinian civilians. Just War theory emphasises justice, proportionality and protection of civilians, yet Israel's military operations often violate these principles. Imām al-Shawkānī's thought in Nayl al-Awṭār had an Islamic perspective that emphasised justice and humanity in war. Integrating Just War principles with al-Shawkānī's ethics of war can provide a strong ethical framework to evaluate military actions in the Israel-Palestine conflict and seek a more just solution. Through a library research method and descriptive analysis, this study aims to contribute to the explanation of the connection between religion, ethics, and armed conflict, while promoting international peace and justice. Its practical implications highlight the significance of strengthening Islamic values in facing foreign cultural dominance, while its contemporary relevance underscores the necessity of upholding international law and human rights conventions in addressing armed conflicts. Thus, this research not only provides new insights into the ethics of war in Islam but also highlights the importance of actions to uphold humanity and justice in global armed conflicts.
Evaluation of Revenue Volatility Risk in Financing Assets of Islamic Banks in Indonesia: Variance and Standard Deviation Approach Taujiharrahman, Darma; Kismojo, Bambang; Puspita, Elsa; Kharmain, Muhammad Miftah
Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah Vol 11, No 2 (2025)
Publisher : Faculty of Economics and Islamic Business, UIN Fatmawati Sukarno Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/aij.v11i2.8609

Abstract

Purpose: This study aims to measure the risk associated with the financing assets of Islamic banks in Indonesia by examining the volatility of income generated, both at the level of individual assets and within a portfolio context..Design/methodology: This research adopts a quantitative approach through descriptive statistical methods. The analysis utilizes variance and standard deviation formulas to process historical data obtained from the official statistics of Islamic banking in Indonesia over the period 2015-2024.Findings: The findings indicate that portfolio diversification can reduce risk levels in Islamic bank financing assets. However, a high degree of correlation among financing instruments suggests that the diversification strategy may not be fully effective. This highlights the importance of asset selection and correlation analysis in constructing resilient Islamic finance portfolios.Practical implications: Periodic and empirical risk assessments are crucial for evaluating strategic vision within a risk management framework. This study reveals that diversification practices in Islamic banks in Indonesia are executed by considering risk-return deviation, particularly through high musyarakah allocations with low deviation rates. Equity-based financing demonstrates a safer deviation rate than fixed-based financing such as murabahah, istishna, and ijarah thereby offering an alternative allocation to secure portfolios.Originality/Value: This study contributes to the literature by offering an empirical evaluation of income volatility risks in Islamic banking financing assets. It critically assesses the implementation of diversification strategies, providing insights into their effectiveness and alignment with the foundational goals of Sharia-based financial risk management.
Co-Authors Badi', Syamsul Elsa Puspita, Elsa Kismojo, Bambang Muhid, Muhid Nurita, Andris Rizaka, Maghza Taujiharrahman, Darma