International Journal of Accounting & Finance in Asia Pasific
Vol 9, No 2 (2026): June 2026

Technology Adoption and Business Performance: Evidence from Halal MSMEs in Indonesia

Tikawati Tikawati (Universitas Islam Negeri Sultan Aji Muhammad Idris Samarinda)
Norvadewi Norvadewi (Universitas Islam Negeri Sultan Aji Muhammad Idris Samarinda)
Fitria Rahmah (Universitas Islam Negeri Sultan Aji Muhammad Idris Samarinda)
Arista Wibowo (Universitas Islam Negeri Sultan Aji Muhammad Idris Samarinda)
Selamah Maamor (Islamic Business School, Universiti Utara Malaysia, 06010 Sintok, Kedah, Malaysia.)
Shahid Manalundong (Mindanao State University Philippines)



Article Info

Publish Date
20 Jun 2026

Abstract

Digital transformation is essential for improving the competitiveness of halal MSMEs. This study aims to examine the effect of technology adoption (TA) and halal certification on business performance (BP) and to test whether halal certification moderates the relationship between TA and BP among halal micro, small, and medium enterprises (MSMEs) in Indonesia. This quantitative survey study employed purposive sampling and collected data from 110 halal MSMEs through a structured questionnaire. The data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS) with SmartPLS. The results show that TA has a positive and significant effect on BP (b = 0.710, t = 13.168, p 0.001), halal certification also has a positive and significant effect on BP (b = 0.196, t = 2.458, p = 0.014), the model explains 65.3% of the variance in BP (R² = 0.653), and the moderating effect of halal certification is not significant (b = 0.029, t = 0.886, p = 0.376). The results indicate that halal certification and TA are crucial for improving BP. These findings imply that digital TA is the main driver of halal MSME performance, while halal certification functions as a complementary source of legitimacy and consumer trust.

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Journal Info

Abbrev

IJAFAP

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

IJAFAP aims to feature narrative, theoretical, and empirical-based research articles within the abovementioned fields. The journal welcomes articles relating to the current issues of financial decision making as well as its impact on society. IJAFAP carries out the mission to feature narrative, ...