TIJAROTANA : Jurnal Ekonomi dan Bisnis Syariah
Vol 7 No 02 (2026): Tijarotana : Jurnal Ekonomi dan Bisnis Syariah

The Role Of Innovation In Islamic Financial Institution Products In Strengthening The Economic Stability Of The People

Muhammad Zainul Miftahul Arifin (Sekolah Tinggi Agama Islam Majma'al Bahroin Mojokerto)
Rahmat Hidayat (Sekolah Tinggi Agama Islam Majma'al Bahroin Mojokerto)
Ulil Hikam (Sekolah Tinggi Agama Islam Majma'al Bahroin Mojokerto)
Fikriyah Muzarotul Khikmah (Sekolah Tinggi Agama Islam Majma'al Bahroin Mojokerto)
Moh. Lukman Arif (Sekolah Tinggi Agama Islam Majma'al Bahroin Mojokerto)
Irnia Hima Malini (Sekolah Tinggi Agama Islam Majma'al Bahroin Mojokerto)



Article Info

Publish Date
06 Sep 2026

Abstract

This study aims to analyze the role of product innovation in Islamic financial institutions in strengthening the economic stability of society. The rapid development of Islamic financial institutions requires adaptive, inclusive, and sharia-compliant product innovation. This research uses a descriptive qualitative approach with a literature review method, examining various sources such as academic journals, books, and institutional reports. The findings indicate that innovation in Islamic financial products, including profit-sharing financing schemes, sharia-based digital services, and community-oriented financial products, significantly contributes to increasing financial inclusion, strengthening micro, small, and medium enterprises (MSMEs), and reducing economic disparities. Furthermore, these innovations play a crucial role in maintaining economic stability through a fairer and more sustainable financial system. However, several challenges remain, including low levels of Islamic financial literacy and limited infrastructure. Therefore, collaboration between financial institutions, the government, and the community is crucial to optimize the role of product innovation in supporting economic stability

Copyrights © 2026






Journal Info

Abbrev

tijarotana

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

Tentang jurnal ini, Penerbit : LPPM STIES BABUSSALAM TIJAROTANA : Jurnal berbahasa Indonesia ini diterbitkan sejak 01 Maret oleh LPPM Sekolah Tinggi Ilmu Ekonomi Syariah Babussalam, Kalibening Mojoagung Jombang. Penyunting menerima sumbangan tulisan yang belum pernah diterbitkan di media lain. ...