Garuda - Garba Rujukan Digital

FINANCIAL MANAGEMENT ANALYSIS OF MINHAJUL HAQ ISLAMIC BOARDING SCHOOL IN PURWAKARTA Rohman Pranoto; Isrun Abdurahman; Cahyudi Prima; Rizaldy Alpiansyah; Irfan Alkhotiri
Dirham : Journal of Islamic Economics Vol. 1 No. 1 (2026): Dirham : Journal of Islamic Economics
Publisher : Sekolah Tinggi Agama Islam Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/6224km02

The aim of this research is to analyze the extent of financial management that occurs at the Minhajul Haq Kiarapedes Purwakarta Islamic boarding school, what obstacles arise in this regard and what efforts must be made in order to achieve ideal financial management. In this research, the method used is descriptive research and is a case study which is studied quantitatively. In this case, the financial condition of the Minhajul Haq Islamic boarding school is explained, while quantitatively the strength of effectiveness and efficiency of financial management of the Minhajul Haq Islamic Boarding School is calculated. The unit of analysis in this research is the financial management of the Minhajul Haq Islamic boarding school from 2020 to 2022. The results of this research show that the calculation of the formulation of the level of effectiveness of Islamic boarding school financial management from 2020 to 2022 fluctuates with an average effectiveness level of 92.09%. . This shows that the financial management of the Minhajul Haq Islamic Boarding School is at an effective management level. Meanwhile, the results of the analysis of financial management efficiency show that the calculation of the overall efficiency level formulation is an average of 107.14%. This shows that the level of efficiency is still low because the results are more than 100%. Thus, the Minhajul Haq Islamic Boarding School is still wasteful in using its budget. Apart from that, it also explains the principles of financial management such as transparency, accountability as well as obstacles in supporting ideal financial management and efforts to achieve them. Keywords: Financial Management, Effectiveness, Efficiency

EKONOMI KREATIF DALAM METAVERSE: TINJAUAN EKSTENSIF TRANSAKSI ASET DIGITAL DAN HAK KEPEMILIKAN (MILKIYYAH) DALAM PERSPEKTIF FIKIH MUAMALAH BAGI KREATOR MUDA Rohman Pranoto; Isrun Abdurahman; Rizaldy Alpiansyah; Miftah Wangsadanureja; Tatang Hidayat
Dirham : Journal of Islamic Economics Vol. 1 No. 1 (2026): Dirham : Journal of Islamic Economics
Publisher : Sekolah Tinggi Agama Islam Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/zaavpm15

The development of the virtual asset-based economy and digital transactions has sparked a new paradigm for young creators within the metaverse ecosystem. This transition from a conventional economy to the digital realm creates a gap between market practices and the normative approach of fiqh muamalah. Consequently, it demands an adjustment in interpretations regarding ownership (milkiyyah tammah), the legality of digital assets (such as game skins and NFTs), and the risks of speculation and fraud therein. This article analyzes the status of virtual objects based on their technological architecture—centralized and decentralized assets—and evaluates them through the lenses of Islamic law and contemporary regulations. The results of the analysis emphasize that centralized assets, such as game skins, are legally flawed due to the absence of absolute ownership rights and high levels of gharar. Conversely, decentralized NFT assets can be recognized as māl maknawi, provided that the underlying assets and the medium of exchange are free from maysir and riba. This paper is expected to serve as a reference for young creators to remain relevant in digital innovation without compromising ethical integrity and the protection of Maqashid Syariah.

ADOPTION OF SHARIA FINTECH AND THE PAYLATER ECOSYSTEM: A COMPREHENSIVE ANALYSIS OF GENERATION Z'S IMPULSIVE BUYING BEHAVIOR WITHIN THE SPECTRUM OF MAQASHID SHARIA AND FINANCIAL RESILIENCE Rohman Pranoto; Isrun Abdurahman; Rizaldy Alpiansyah; Miftah Wangsadanureja; Tatang Hidayat
Dirham : Journal of Islamic Economics Vol. 1 No. 1 (2026): Dirham : Journal of Islamic Economics
Publisher : Sekolah Tinggi Agama Islam Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/wejq3h25

The penetration of Buy Now Pay Later (BNPL) or paylater services has disrupted public consumption patterns, particularly among Generation Z in Indonesia. This study aims to analyze the impulsive buying behavior among Generation Z resulting from the use of paylater features through the perspective of Maqashid Sharia, specifically on the pillar of Hifdzul Mal (protection of wealth). This research employs a mixed methods approach combining quantitative and qualitative analyses, supported by a Systematic Literature Review (SLR) of literature and statistical data from the 2023-2025 period. The results indicate that transaction convenience and digital promotion manipulation trigger a significant surge in impulsive buying, resulting in an increased default ratio among the youth demographic. From the perspective of muamalah jurisprudence, although there are sharia-compliant paylater platforms utilizing Murabahah and Wakalah bil Ujrah contracts, their implementation often falls into the illusion of formal compliance without addressing substantive ethics. Generation Z's hyper-consumption behavior, which prioritizes tertiary needs (Tahsiniyat) through debt, contradicts the values of Hifdzul Mal and is classified as israf (extravagance) and tabdzir (wastefulness). Islamic financial literacy was found to be a crucial mediating variable in protecting Generation Z from the digital debt trap. This study recommends strengthening macro-prudential regulations, revitalizing the supervision of sharia boards, and providing comprehensive financial literacy education.

Paylater Mindset: The Shift in Gen Z's Thinking Towards Debt from a Sharia Perspective Rizaldy Alpiansyah; Isrun Abdurahman; Irfan Alkhotiri; Miftah Wangsadanureja; Dzulfikri
Dirham : Journal of Islamic Economics Vol. 1 No. 1 (2026): Dirham : Journal of Islamic Economics
Publisher : Sekolah Tinggi Agama Islam Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/3a26sp98

Digital disruption in the modern economic landscape has given birth to financial technology (fintech) instruments that radically change the consumption patterns and financial governance of society globally and nationally. One of the most dominating innovations that has sparked sharp discourse is the Buy Now, Pay Later (BNPL) service, more popularly known as paylater. Generation Z (Gen Z) and Millennials are recorded as the largest demographic of users in this service ecosystem, where the total outstanding paylater debt in Indonesia reached an aggregate figure of Rp29.59 trillion in April 2025, with a Non-Performing Loan (NPL) ratio that continues to creep up. This scientific report presents a comprehensive, in-depth, and nuanced analysis of the fundamental shift in Generation Z's mindset towards the concept of debt due to paylater penetration, evaluated strictly through the lens of Islamic economics, Fiqh Muamalah, and Maqashid Sharia. Through a synthesis of empirical data from the Financial Services Authority (OJK), behavioral economics literature, and fatwas from the National Sharia Board of the Indonesian Ulema Council (DSN-MUI), this research identifies an acute sociological shift: debt, which in Islamic tradition is inherently viewed as an emergency instrument based on mutual assistance (tabarru'), is now commodified into a lifestyle based on instant gratification and a "self-reward" culture that reduces the psychological friction of shopping (pain of paying). Furthermore, the analysis in this report outlines contemporary Fiqh Muamalah resolutions regarding the schemes of Istijrar, Murabahah, Wakalah bil Ujrah, Qardh, and Kafalah to strictly differentiate between conventional paylater and sharia paylater facilities. Within the framework of Maqashid Sharia, the normalization of consumptive debt among Gen Z is proven to be diametrically opposed to the principle of Hifz al-Mal (protection of wealth), triggering systemic threats in the form of israf (extravagance) and tabzir (extreme wastefulness). In conclusion, the report asserts that without structured, massive, and digitally integrated Islamic financial literacy interventions, the ease of access to instant credit can transform from a tool of financial inclusion into a trap of long-term financial fragility that undermines the economic resilience of future generations.

A REVIEW OF FIQH MUAMALAH ON CONSUMER PROTECTION IN THE E-COMMERCE ERA: AN ANALYSIS OF PERSONAL DATA, REFUND POLICIES, AND STANDARD CLAUSES Rizaldy Alpiansyah; Rohman Pranoto; Agus Salim; Miftah Wangsadanureja; Tatang Hidayat
Mutamayyiz: Journal of Islamic Studies Vol. 1 No. 1 (2026): Mutamayyiz: Journal of Islamic Studies
Publisher : STAI Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/0ft2p154

The rapid growth of e-commerce in Indonesia brings economic efficiency but also creates major risks for consumers. These risks include the misuse of personal data, unfair refund policies, and one-sided standard contracts (adhesion contracts). This article examines these consumer protection issues by comparing Indonesian Positive Law with Fiqh Muamalah (Islamic Commercial Jurisprudence). Using a library research method, this study finds that cyber disputes mostly stem from gharar (uncertainty) and jahalah (lack of clear information). The analysis reveals that: (1) Islam views personal data protection as a sacred trust (amanah) to protect honor (hifz al-'irdh) and wealth (hifz al-mal). Data breaches are a transgression (ta'addi) that requires financial compensation and carries spiritual sanctions in the afterlife, a concept missing in state laws; (2) E-commerce refund policies use principles similar to the Islamic right of choice (khiyar). However, these policies are often unfair, either by forcing innocent buyers to pay return shipping or by letting bad-faith buyers exploit the system, which harms small sellers; (3) Standard contracts that free the platform from all liability are unjust. Although clicking "I agree" is a valid digital contract under Islamic law, hiding liability release clauses violates the principle of true mutual consent ('an taradin) and makes the contract void (fasid). Therefore, e-commerce platforms must create fair digital contracts and online dispute resolution systems based on mediation (shulh) to ensure mutual benefit.

DECONSTRUCTING THE HISTORICAL NARRATIVE: A CRITICAL REVIEW OF THE ABSENCE OF A CONSTRUCTIVE ROLE OF THE SHIA FACTION IN THE PAST, PRESENT, AND FUTURE OF ISLAMIC CIVILIZATION Rizaldy Alpiansyah; Isrun Abdurahman; Irfan Alkhotiri; Miftah Wangsadanureja; Dzulfikri
Mutamayyiz: Journal of Islamic Studies Vol. 1 No. 1 (2026): Mutamayyiz: Journal of Islamic Studies
Publisher : STAI Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/rdjanp91

The discourse on the history of Islamic civilization is often dominated by narratives that romanticize inter-group harmony without giving adequate attention to a critical analysis of the disintegrative factions within it. This scientific article aims to examine, dissect, and deconstruct the claims regarding the Shia faction's contributions to achieving the glory of Islam. This study investigates the historical role, contemporary sociopolitical reality, and future projections of the Shia faction using a comparative-analytical (muqāran) historical approach based on orthodox classical literature and modern political studies. The results conclusively show that the absence of a positive Shia role is not an a priori assumption, but a well-documented historical fact. In the past, the existence of Shia political entities such as the Fatimid (Ubaydid) Dynasty in Egypt and the Safavid Dynasty in Persia consistently acted as subversive forces that destroyed the cohesion of the Ummah, hindered the expansion of Islam into Europe by allying with Christian empires, and facilitated the collapse of the Abbasid Caliphate in Baghdad in 1258 AD. At present, the theological anomalies inherent in Shia dogma—such as the exclusive Imamate cult, the doctrine of infallibility, and the rejection of the legitimacy of the early generations of the Prophet's Companions—have triggered severe creedal clashes. The transformation of this ideology into a political movement post-1979 Iranian Revolution has proven to spawn sectarian proxy wars that destroy the infrastructure of civilization in the Middle East and threaten social harmony in regions like Indonesia. Projecting into the future, this research concludes that the historical shackles and sectarian sentiments institutionalized in Shia theology will always be a stumbling block to the reconciliation of the Ummah. As long as the epistemology of hatred towards mainstream history is maintained, the Shia faction will remain an inhibiting variable that distances the Ummah from the ideals of unity and the revival of global Islamic civilization.

INTERNALISASI NILAI KARAKTER ANAK MELALUI PENGULANGAN SURAT AL-FATIHAH: SEBUAH SINTESIS KOMPREHENSIF BERDASARKAN NEUROSAINS, PSIKOLOGI PENDIDIKAN, DAN TEOLOGI ISLAM Isrun Abdurahman; Rohman Pranoto; Agus Salim; Rizaldy Alpiansyah; Irfan Alkhotiri
Mutamayyiz: Journal of Islamic Studies Vol. 1 No. 1 (2026): Mutamayyiz: Journal of Islamic Studies
Publisher : STAI Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/g7e2j421

This study is a Systematic Literature Review (SLR) that aims to analyze and synthesize findings from various studies related to the internalization of children's character values through the repetition of Surah Al-Fatihah in prayer, as well as to identify patterns, consensus, and existing research gaps.1 The synthesis results show that Surah Al-Fatihah contains comprehensive character values, encompassing spiritual-moral, social-leadership, and educational aspects.1 The repetition of reciting Al-Fatihah acts as a mechanism for internalizing values through the processes of neuroplasticity and habit formation.1 This paper bridges Islamic theological studies with recent findings in cognitive psychology and neurobiology to provide an operational foundation for children's character education in the modern era.

Title

Found 7 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 7 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 7 Documents
Search