Journal of International Islamic Business Studies
Vol 3 No 1 (2026): JIIBS

Empowering Women-Led Micro-Enterprises: The Strategic Role of Sharia-Based Risk Literacy

Wanda Putri Ramadhani (Jenderal Soedirman University)
Lianmao Miao (Peking University, Beijing, China)



Article Info

Publish Date
31 Mar 2026

Abstract

Sharia-based risk management extends beyond conventional risk management by emphasizing alignment with Islamic principles and ethical values. This approach involves identifying, evaluating, and mitigating risks while ensuring compliance with sharia law. This study aims to examine the impact of integrating these principles into micro-enterprise management, involving at least 40 women entrepreneurs in the city of Semarang. The research adopts a qualitative approach, with data collected through observations and in-depth interviews. The population consists of women-owned juice businesses in Semarang, with sampling conducted using an area sampling technique. The findings reveal at least five key risks faced by these enterprises. The results indicate that sharia-based risk literacy plays a significant role in empowering women-led micro-enterprises. A strong understanding of sharia principles emerges as a crucial factor in enhancing business success and resilience. With adequate risk literacy, women micro-entrepreneurs are better equipped to manage risks effectively, make more informed decisions, and develop their businesses in a sustainable manner while adhering to sharia principles.

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Journal Info

Abbrev

jiibs

Publisher

Subject

Economics, Econometrics & Finance

Description

The Journal of International Islamic Business Studies (JIIBS) is a scholarly journal devoted to publishing high-quality theoretical and empirical articles in all Islamic areas of business, economics, management, banking, and Islamic finance. Promote dialogue and discussion on current issues in the ...