Article Per Year (5 Year)
p-Index From 2020 - 2025
0.702
P-Index
This Author published in this journals
All Journal INVOICE : JURNAL ILMU AKUNTANSI Journal of Indonesian Scholars for Social Research Masterpiece Journal Society Service Insight
Hasrul Wijaya
Unknown Affiliation
Agriculture, Biological Sciences & Forestry Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Published : 4 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 4 Documents
Search

 1 
Corporate Governance in Islamic Financial Institutions: Challenges and Opportunities Ruki Ambar Arum; Abdul Azis; Afrianto; Hasrul Wijaya; Andi Aswani
Invoice : Jurnal Ilmu Akuntansi Vol. 7 No. 2 (2025): September 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/w3w8ws90

Abstract

This study investigates the challenges and opportunities of corporate governance in Islamic Financial Institutions (IFIs) by employing a Systematic Literature Review (SLR) approach. Corporate governance in IFIs is distinct from conventional institutions due to the dual requirement of complying with international governance standards and Shariah principles. The review synthesizes findings from peer-reviewed articles published between 2019 and 2024 to provide a comprehensive understanding of the governance landscape in IFIs. The results highlight several persistent challenges, including the lack of standardization in Shariah Supervisory Board (SSB) practices, regulatory fragmentation across jurisdictions, and limited expertise among governance professionals. These challenges create inconsistencies in the effectiveness of Shariah governance and may undermine institutional credibility. However, the study also identifies considerable opportunities. Strengthening corporate governance enhances stakeholder trust, increases investor confidence, and positions IFIs as leaders in ethical and sustainable finance. Furthermore, the adoption of digital governance tools, such as blockchain and artificial intelligence, offers innovative solutions to improve transparency, accountability, and compliance monitoring. This study contributes to the literature by consolidating recent insights and proposing recommendations for harmonization, capacity building, and sustainability integration. It concludes that robust governance frameworks are critical for the long-term stability of IFIs and their role in advancing ethical finance aligned with the United Nations Sustainable Development Goals (SDGs).
Entrepreneurship Based on Culture and Local Wisdom: Building Sustainable Business from Tradition Rifqiansyah; Hasrul wijaya
Journal of Indonesian Scholars for Social Research Vol. 5 No. 1 (2025): JISSR
Publisher : Cendekiawan Indonesia Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59065/jissr.v5i1.169

Abstract

Entrepreneurship based on culture and local wisdom plays a crucial role in fostering sustainable business models that preserve traditions while contributing to economic growth. This study explores how traditional knowledge, cultural heritage, and local practices shape entrepreneurial initiatives that balance profitability with social and environmental sustainability. Using a qualitative approach, this paper examines successful cases of culture-based entrepreneurship in Indonesia, highlighting strategies for integrating tradition into contemporary business models. The findings indicate that businesses leveraging cultural assets—such as traditional crafts, culinary heritage, and indigenous knowledge—demonstrate unique market positioning, strong community engagement, and resilience against economic fluctuations. However, entrepreneurs face challenges, including market adaptation, limited access to modern technology, and competition with mass-produced alternatives. Government policies, local support systems, and digital transformation play a significant role in sustaining these businesses. This study emphasizes that cultural entrepreneurship not only preserves intangible heritage but also fosters economic empowerment and sustainable livelihoods. It suggests that fostering collaboration among policymakers, educational institutions, and entrepreneurs is essential for enhancing the scalability of culture-based businesses. By embracing innovation while respecting tradition, entrepreneurs can create sustainable ventures that maintain cultural authenticity while meeting contemporary market demands.
Working Capital Efficiency Assistance for Food and Beverage Vendors Muh. Ramli; Arianto Dangkeng; Hasrul Wijaya; Nengsi Sudirman; Afrianto; Andini
Masterpiace Journal Society Service Insight Vol. 1 No. 2 (2025): August 2025
Publisher : www.amertainstitute.com

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/dm86rz80

Abstract

This community engagement program aims to enhance the efficiency of working capital management among food and beverage vendors operating around Lapangan Pancasila Palopo. Efficient working capital management is essential for maintaining business continuity, sustaining daily operations, and improving profitability, especially for micro and small enterprises with limited financial resources. The program focused on three key components of working capital: inventory control, cash flow optimization, and the management of accounts receivable and payable. Through socialization activities, mentoring, and the establishment of a task force, participants were introduced to practical approaches such as the First In, First Out (FIFO) method, Just in Time (JIT) purchasing, negotiation strategies with suppliers, and the adoption of basic financial technology tools, including point-of-sale systems and simple accounting applications. The results demonstrate an increased understanding among vendors regarding cost efficiency, inventory planning, and the importance of disciplined financial recording. Vendors also reported improvements in cash flow stability, reduced operational waste, and better allocation of resources for both short-term and long-term needs. Furthermore, the program strengthened their ability to maintain product quality and price competitiveness, ultimately enhancing business sustainability. Overall, this activity provided significant benefits by equipping vendors with practical skills and strategies to manage working capital more effectively and to improve their resilience in a highly competitive market.
Assistance in Production Cost Management for Weavers Muh. Ramli; Arianto Dangkeng; Hardianti Pertiwi; Hasrul Wijaya
Masterpiace Journal Society Service Insight Vol. 1 No. 2 (2025): August 2025
Publisher : www.amertainstitute.com

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/edt0fj52

Abstract

This community engagement program aims to enhance the financial management capabilities of weaving artisans in Kampung Tenun Rongkong, Luwu Utara, by strengthening their understanding and application of production cost management. Traditional weavers generally rely on intuitive methods when determining production expenses and pricing, which results in inaccurate cost estimates, inconsistent pricing strategies, and limited financial sustainability. To address this gap, a participatory and problem-based approach was implemented through several stages, including preliminary assessment, training workshops, hands-on mentoring, and evaluation. The program introduced key concepts related to cost classification, cost of goods manufactured (COGM), cost of goods sold (COGS), budgeting techniques, and simple financial record-keeping tailored to small-scale weaving enterprises. The results indicate significant improvements in artisans’ knowledge of production cost components, accuracy in cost calculation, and their ability to record daily expenditures using structured worksheets. Participants also demonstrated increased awareness of overhead costs and adopted more rational pricing strategies based on actual cost data. Mentoring activities further facilitated behavioral changes, particularly in tracking expenses and exploring more efficient raw material procurement options. Despite these positive outcomes, challenges related to varying literacy levels and limited digital readiness remain. The program highlights the importance of continuous assistance and the integration of broader capacity-building topics, such as digital marketing and market access, to ensure long-term sustainability for traditional weaving communities.
Co-Authors Abdul Azis Afrianto Andi Aswani Andini Arianto Dangkeng Hardianti Pertiwi Muh. Ramli Nengsi Sudirman Rifqiansyah Ruki Ambar Arum