Garuda - Garba Rujukan Digital

Community Experiences in Confronting Economic Inequality and Its Impacts on Livelihoods Hot Martua Sinaga; Wargo; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 1 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i1.30

This study aims to provide an in-depth understanding of community experiences in confronting economic inequality and the effects on social, psychological, and livelihood dimensions among low-income groups. Grounded in the observed widening gaps in wealth distribution and unequal access to economic resources in Indonesia, the research adopts a qualitative case study approach employing in-depth interviews and participant observation with individuals and groups directly affected by inequality. Findings reveal that economic inequality constrains access to education, healthcare, and decent employment, while also elevating psychological stress and social marginalization. Communities enact two primary adaptive strategies: problem-focused coping, through income diversification, micro-entrepreneurship, and stricter household resource management; and emotion-focused coping, through strengthened spiritual practices and mutual social support. By integrating perspectives on inequality, social mobility, and coping, the study contributes to theoretical refinement regarding adaptive responses to structural disadvantage and enriches the literature on lived strategies of resilience. Practically, the results inform more inclusive social policy design that centers community experiences and supports capacity-building rather than solely providing short-term material assistance.

The Role of Islamic Microfinance Institutions in Promoting UMKM (Micro, Small, and Medium Enterprises) Growth in Indonesia: A SWOT Analysis Susiati; Wargo; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 1 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i1.33

This study investigates the role of Islamic microfinance institutions in fostering the growth of UMKM (Micro, Small, and Medium Enterprises) in Indonesia by applying a SWOT (Strengths, Weaknesses, Opportunities, Threats) framework. Motivated by the gap between the considerable potential of Islamic microfinance as an inclusive financial instrument and persistent implementation challenges such as limited financial literacy, restricted outreach, and regulatory fragmentation the research aims to map internal and external strategic factors that affect institutional effectiveness. Employing a qualitative descriptive-analytic approach, data were collected through in-depth interviews, field observation, institutional documentation, and review of relevant policy and literature. Findings reveal that core strengths include profit-and-loss sharing mechanisms and social commitment, while key weaknesses comprise low Islamic financial literacy among UMKM actors and constrained service coverage. Identified opportunities center on digitalization and supportive pro-Islamic finance regulations; principal threats include strong competition from conventional finance providers and uneven regulatory implementation. The study concludes that realizing the strategic potential of Islamic microfinance requires integrated actions digital innovation, literacy enhancement, and institutional coordination to advance inclusive and sustainable economic empowerment for UMKM in Indonesia.

Implementation of Islamic Business Ethics in Marketing Sofa Products at ACC Furniture Jambi Marlina; Wargo; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 1 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i1.34

Islamic business ethics fundamentally emphasize honesty, trustworthiness, justice, and transparency in all economic activities, including marketing practices. Amid intensifying market competition, the application of Islamic business ethics serves not only as a moral compass but also as a strategic lever to build consumer trust and strengthen competitive advantage. This study analyzes the implementation of Islamic business ethics in marketing sofa products at ACC Furniture Jambi, focusing on how the firm’s marketing strategies align with Sharia principles. Employing a qualitative case study approach, data were collected through interviews, observations, and documentation, and analyzed descriptively via data reduction, display, and conclusion drawing. The findings indicate that ACC Furniture Jambi applies marketing strategies encompassing segmentation, targeting, positioning, differentiation, and the marketing mix, supported by ethical practices such as transactional honesty, rejection of false oaths, courteous service, adherence to halal principles, and avoidance of riba. These results demonstrate that embedding Islamic business ethics enhances brand credibility, strengthens customer loyalty, and contributes to the literature on Islamic marketing, while offering practical guidance for small and medium enterprises to integrate Sharia values into their marketing strategies.

Analysis of Syirkah practices in cattle farming within Islamic economics in Tanjung Jabung Timur Fidiyani; Wargo; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 1 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i1.35

This study is motivated by the imperative to advance Islamic economics in Indonesia through the application of the syirkah partnership contract in agribusiness, which holds strong potential to improve rural welfare. Tanjung Jabung Timur was selected as the research locus due to its significant cattle-farming capacity, where cooperation practices remain largely traditional and informal, and often fall short of formal Sharia requirements. The study aims to identify prevailing forms of cooperation in cattle farming, assess their alignment with the syirkah framework in Islamic economics, and delineate implementation challenges. Employing a qualitative phenomenological approach, data were collected through observation, in-depth interviews, and documentation, then analyzed using thematic analysis and triangulation. Findings indicate that syirkah practices commonly rely on trust and oral agreements, which contribute to household income yet face constraints in capital, market access, and legal-Sharia literacy. The article contributes theoretically by extending discourse on syirkah within agribusiness, and practically by proposing a more equitable, transparent, and actionable cooperation model that can inform local and national Islamic economic policy. It also underscores the need to integrate classical jurisprudential principles with contemporary institutional design to enhance sustainability and compliance.

Cryptocurrency system as a digital currency in Islamic economics Zulkarnain; Wargo; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 1 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i1.36

The rise of digital technologies has propelled cryptocurrency as a global financial innovation offering efficiency, transparency, and decentralized transactions. Its adoption, however, remains contentious in Indonesia, where regulations restrict its use as legal tender, and in Islamic economics, where concerns persist over speculative behavior, gharar, and maysir. This study aims to examine how cryptocurrency systems function as digital currencies and assess their compatibility with Islamic economic principles. Employing a qualitative phenomenological approach, data were gathered through interviews, observation, and documentation, then validated via triangulation. Findings indicate that cryptocurrency is predominantly used as a speculative investment rather than a medium of exchange, driven by anticipated economic gains amid persistent price volatility and regulatory uncertainty. From a Sharia perspective, most informants view its use as problematic, though some support conditional acceptance subject to governance aligned with maqasid al-sharia. This study contributes to Islamic economics by integrating users’ empirical experiences with normative analysis and offers practical implications for regulators and Islamic financial institutions in formulating policies for digital assets in the contemporary era

Implementation of QRIS as a Digital Payment System Based on Sharia Principles Rukiyah; Wargo; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 1 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i1.37

The rapid digital transformation of payment systems has accelerated the shift from cash to more efficient non-cash instruments, notably through the Quick Response Code Indonesian Standard (QRIS) initiated by Bank Indonesia. This study examines the implementation of QRIS as a digital payment system in Tanjung Jabung Timur and evaluates its alignment with Sharia principles. Employing a qualitative phenomenological approach, the research draws on in-depth interviews, direct observations, and documentation involving QRIS users, both merchants and consumers, selected via purposive sampling. Findings indicate that Muslim communities in the region perceive QRIS positively due to its convenience, transactional efficiency, and the transparency and security it provides in financial recordkeeping. Identified constraints include uneven internet infrastructure and limited digital literacy. From an Islamic jurisprudence perspective, QRIS is viewed as consistent with muamalah principles, avoiding riba, gharar, and maisir, and fitting within valid contractual frameworks of sale (bay‘) and leasing of services (ijarah). The study contributes to the literature on integrating financial technology with Sharia compliance and offers practical implications for regulators, payment service providers, and businesses to strengthen Sharia-compliant financial inclusion in Indonesia.

Islamic legal analysis of pay-later usage as an electronic transaction Sri Maskanah; Wargo; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 1 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i1.38

The rapid expansion of financial technology in Indonesia has propelled the popularity of buy now pay later (BNPL) services, notably Shopee PayLater, which enable deferred payments for electronic transactions while raising legal and ethical concerns from an Islamic law perspective due to interest charges and late-payment penalties. This study examines how PayLater operates as an instrument for electronic transactions and evaluates its compliance with Islamic legal principles. Adopting a Systematic Literature Review (SLR) approach, the analysis synthesizes academic literature, national regulations, and relevant Sharia fatwas. Findings indicate that, although PayLater fosters digital financial inclusion, monthly interest and late-payment penalties are inconsistent with the core structures of qardh (interest-free loans) and bai’ al-taqsith (credit sales with predetermined prices), and potentially contravene maqasid al-sharia, particularly the protection of wealth (hifz al-mal). The article advances theory by reinforcing Islamic law as a robust framework for assessing contemporary fintech, and offers practical guidance for regulators and providers to develop Sharia-compliant PayLater models grounded in fairness, transparency, and sustainability. These results also underscore the need for future empirical and cross-jurisdictional research on Islamic fintech regulation.

Islamic Legal Review of the Sale and Purchase of Joint Property Post-Divorce Based on Compilation of Islamic Law Devi Agustiana; Kurniawan; Zeni Sunarti; Daud; Alisyah Pitri; Kuswanto
Zabags International Journal of Islamic Studies Vol. 3 No. 1 (2026): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v3i1.53

This study analyzes the sale and purchase of joint property following divorce in Jatimulyo Village from the perspective of Islamic law and the Compilation of Islamic Law. The issue is significant because field practices frequently diverge from formal Islamic norms and statutory requirements. Employing a qualitative phenomenological approach, the research explores the lived experiences, perceptions, and meanings held by transaction participants through in-depth interviews, field observation, and document review. Findings indicate that the community regards joint property as assets accumulated during marriage that may be sold after divorce provided mutual agreement exists; transactions are typically conducted through deliberation, trust-based arrangements, and are morally endorsed by village officials and religious leaders. Substantively, these practices align with core muamalah principles justice, consent, and clarity of contract yet they often lack full compliance with Compilation of Islamic Law’s administrative requisites that emphasize formal, written consent. The results suggest a pragmatic harmonization between sharia values and local customs and highlight the need to strengthen legal literacy on Islamic property law and to improve village-level administrative mechanisms to secure legal certainty. This study contributes empirically to Islamic family law and applied muamalah scholarship in rural contexts.

Salam Contract in Online Transactions: A Review Based on the Compilation of Sharia Economic Law Samsul Muin; M.Arif Mustofa; Reza Okva Marwendi; Al Munip; Kuswanto
Zabags International Journal of Islamic Studies Vol. 2 No. 2 (2025): Islamic Studies
Publisher : Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijis.v2i2.61

The advancement of digital technology has significantly transformed commercial practices, including the emergence of online transactions that require legal and ethical adaptation in accordance with Sharia principles. In this context, the akad salam, a deferred sale contract in Islamic law, becomes increasingly relevant, particularly within the framework of the Compilation of Sharia Economic Law (Kompilasi Hukum Ekonomi Syariah, KHES). This study aims to examine the validity and relevance of akad salam in online sales based on KHES provisions and to evaluate the compatibility of e-commerce practices with the principles of fiqh muamalah. Employing a systematic literature review (SLR) approach, this research identifies, evaluates, and synthesizes scholarly literature published within the last five years that discusses akad salam, digital transactions, and Sharia economic regulations. The findings indicate that akad salam can be legally applied in online transactions, provided that essential conditions such as clarity of goods, delivery schedule, and upfront payment are fulfilled. However, gaps in understanding among business actors and limitations in digital regulations accommodating Sharia principles remain evident. This article contributes to the field by constructing a conceptual framework that integrates KHES with electronic transaction regulations and offers recommendations for policy enhancement, business education, and future research directions in the development of Sharia-compliant digital commerce.

Islamic Financial Literacy and the Utilization of Islamic Microfinance Products A Phenomenological Study of Low-Income Communities in Geragai District Baharudin; Wargo; Kuswanto
Zabags International Journal of Economy Vol. 4 No. 1 (2026): Economic Studies
Publisher : CV. Zabags Qu Publish

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61233/zijec.v4i1.123

Low levels of Islamic financial literacy among low- to middle-income communities remain a major challenge in optimizing the utilization of Islamic microfinance products. This condition often leads to pragmatic usage patterns that do not fully reflect an understanding of the underlying Sharia principles and contractual mechanisms. This study aims to examine in depth the level of Islamic financial literacy within the community and its relationship with the utilization of Islamic microfinance products. The research adopts a qualitative approach with a phenomenological design, focusing on the lived experiences and subjective interpretations of low-income community members as users and prospective users of Baitul Maal wat Tamwil (BMT) and Islamic cooperatives in Geragai District. Primary data were collected through observation, in-depth interviews, and documentation, and analyzed using source and method triangulation techniques. The findings indicate that community-level Islamic financial literacy remains at a basic level, particularly regarding the understanding of Sharia principles and akad (Islamic contracts), which significantly influences utilization patterns that are largely functional rather than optimal. These results underscore the importance of contextual, community-based Islamic financial education in strengthening sustainable Islamic financial inclusion and contribute empirically to the growing body of literature on Islamic financial literacy grounded in community experience.

Title

Found 10 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 10 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 10 Documents
Search