Asian Journal of Management, Entrepreneurship and Social Science
Vol. 4 No. 01 (2024): Pebruary, Asian Journal of Management Entrepreneurship and Social Science ( AJ

Revealing the Role of Sharia Banking and Marketing Strategy in Halal Food and Beverage Industry

Gema Sri Basyir (Department of Accounting, University of Mataram)
Lalu Takdir Jumaidi (Faculty of Economics and Business, University of Mataram)



Article Info

Publish Date
11 Dec 2023

Abstract

This study aims to explain and provide a description of the role of Islamic banking and marketing strategies in the halal food and beverage industry in Central Lombok, West Nusa Tenggara. The research paradigm employed is interpretive and phenomenological in its approach. The data collected for this study is primarily through interviews and documentation. The analysis is conducted using noema, epoche, noesis, intentional analysis, and eidetic reduction. The research findings reveal that the confidence of the stakeholders can determine the necessary steps to be taken. The owners of Sasak Aren MSMEs do not yet desire to increase their capital through Sharia banks due to existing perspectives that do not align with their beliefs, despite the bank's adherence to Sharia principles. Moreover, these businesses are still classified as small. Thus, the role of Sharia banking in Sasak Aren MSMEs is currently limited to promotion. Despite their small scale, these MSMEs have complete certification, notably the halal certification, which is utilized as one of the marketing strategies for product development.

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Journal Info

Abbrev

ajmesc

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Asian Journal of Management, Entrepreneurship and Social Science (AJMESC) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality empirical ...