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Contact Name
Alwahidin
Contact Email
lifalah.iainkdi@gmail.com
Phone
+6282348219871
Journal Mail Official
lifalah.iainkdi@gmail.com
Editorial Address
Jl. Sultan Qaimuddin No.17 Baruga
Location
Kota kendari,
Sulawesi tenggara
INDONESIA
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam
Li Falah, Journal of Islamic Economics and Business Studies is a scientific journal concerning on the latest research results and becomes a scientific communication media for lecturers, researchers, and or observers in the Islamic economics and business field.
Articles 304 Documents
Beyond Documentation: Understanding Implementation Barriers of Halal Certification Among Micro and Small Enterprises Ariska, Nenda; Elwardah, Khairiah; Zaki, Khozin; Yustati, Herlina; Novita Sari, Kiki
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10771

Abstract

This study examines the multifaceted challenges faced by Micro and Small Enterprises (MSEs) in implementing halal certification in Selebar District, Bengkulu City, Indonesia. Despite the mandatory halal certification requirement established by Law Number 33 of 2014, many MSEs have yet to comply with this regulation. Through qualitative field research involving in-depth interviews with 11 MSE owners, this study identifies three critical barriers to halal certification implementation. First, there is a significant knowledge gap among MSE actors regarding halal certification requirements and available support programs, particularly the government's free certification initiative (SEHATI). Second, MSEs face substantial documentation challenges, with none of the studied businesses possessing the required Business Identification Number (NIB), compounded by limited technological literacy that hinders the application process. Third, there is low awareness among MSE actors about the strategic importance of halal certification for business sustainability. The findings suggest that successful implementation of halal certification requires a comprehensive approach that addresses knowledge barriers, simplifies documentation requirements, and builds awareness through targeted education programs. This research contributes to understanding the practical challenges of implementing halal regulations at the micro-enterprise level and offers policy recommendations for improving certification adoption rates.
Hybrid Contracts in Islamic Financial Institutions: An Analysis of Multi-contract Models Musfiqoh, Siti; Sukamto, Sukamto
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v9i1.9847

Abstract

This study examines the development of multi-contract and parallel transaction models in Islamic financial institutions, focusing on the concept of hybrid contracts. As Islamic banking faces increasingly complex challenges, there is a growing need for innovative products that comply with Shariah principles while meeting modern business demands. The research employs a qualitative approach with descriptive analysis to explore the theoretical foundations, practical applications, and regulatory considerations of multicontracts in Islamic finance. The study identifies various models of hybrid contracts, including murabahah, musyarakah mutanaqishah, and ijarah, and analyzes their implementation in Islamic banking products. It also discusses the jurisprudential debates surrounding the permissibility of multi-contracts, highlighting the conditions and limitations set by Islamic scholars. The findings reveal that while multi-contracts offer solutions for product innovation in Islamic finance, their application must be carefully structured to avoid prohibited elements such as riba and gharar. The study concludes that the development of multi-contract models requires a balance between financial innovation and adherence to Shariah principles. This research contributes to the understanding of complex Islamic financial instruments and provides insights for practitioners, regulators, and researchers in the field of Islamic banking and finance.
TAGUVESTASI: Revolutionizing Halal Agriculture Through Blockchain-Integrated Sharia P2P Lending Platform for Sustainable Green Economy Development Indriani, Regina Selvi; Nur, Awal
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10247

Abstract

This study introduces Taguvestasi, an innovative blockchain-integrated digital platform that addresses critical challenges in Indonesia's agricultural sector through Sharia-compliant Peer-to-Peer (P2P) lending. With 38.23 million people (29.76% of the workforce) engaged in agriculture yet facing persistent poverty due to limited capital access and marketing constraints, there is an urgent need for technological intervention aligned with Islamic principles. Through qualitative descriptive analysis, this research examines how Taguvestasi's blockchain-integrated platform optimizes halal agriculture while promoting green economy principles. The platform incorporates eight key features: funding applications, portfolio management, training programs, halal certification assistance, agricultural news, technical support, marketplace integration, and smart contract implementation. Our findings demonstrate that Taguvestasi successfully bridges the gap between farmers and investors through Sharia-compliant P2P lending, while its blockchain integration ensures transparent, secure transactions and smart contract execution. The platform's innovative approach not only addresses capital accessibility issues but also promotes sustainable agricultural practices, contributes to farmer empowerment, and advances green economy objectives. This research contributes to the growing body of knowledge on Islamic financial technology's role in sustainable agricultural development and provides practical insights for implementing blockchain-based Sharia-compliant financing solutions.
Village Government Performance and Public Service Quality: An Islamic Economic Perspective in Bagelen Village, Lampung Putri, Meri Sintia
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.9843

Abstract

The Bagelen Village government, as an extension of the district government, is responsible for providing the best possible services to the community to achieve overall welfare in accordance with relevant laws and regulations. However, Bagelen Village faces several issues, such as annual floods and complaints about the unequal distribution of social assistance. This study aims to analyze community satisfaction with service quality and the performance of the Bagelen Village government from an Islamic economic perspective. This qualitative research employs field research and literature review methods. Data was collected through observation, interviews, and documentation and analyzed using SWOT analysis to assess the government's position based on strengths, weaknesses, opportunities, and threats. The findings indicate that the performance of the Bagelen Village government is satisfactory to the community, with a focus on welfare through infrastructure development, administrative services, and fair distribution of social assistance. The performance aligns with the Islamic economic perspective in the Qur'an and Sunnah, aiming to reduce socio-economic inequalities in the village.
Macroeconomic Determinants of Islamic Stock Market Performance: An Analysis of Interest Rates, Inflation, Exchange Rates and Gold Prices Layaman, Layaman; Abdul Wadud, Abdul Muizz; Jaelani, Aan; Mawaddah, Zazilatul
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10773

Abstract

This study investigates how key macroeconomic variables influence the Islamic stock market in Indonesia through analysis of the Jakarta Islamic Index (JII). The research examines the impact of interest rates, inflation, exchange rates, and global gold prices on Islamic stock price movements, using monthly time series data from 2017 to 2021. The study employs multiple linear regression analysis with classical assumption tests to analyze the relationships between these variables. The findings reveal that interest rates have a significant positive effect on Islamic stock prices, while exchange rates demonstrate a significant negative impact. Inflation shows a negative but insignificant influence, and global gold prices exhibit a negative but statistically insignificant effect on the Islamic stock index. The model explains 69.8% of the variance in Islamic stock prices, indicating the substantial role of macroeconomic factors in determining Islamic stock market performance. These results provide valuable insights for investors, policymakers, and market participants in understanding the dynamics of Islamic stock markets and their relationship with broader economic conditions. The study contributes to the growing literature on Islamic finance by demonstrating how Sharia-compliant investments respond to various macroeconomic factors, offering practical implications for investment strategies and market regulation.
Conceptual Framework for Fintech in Sharia Financial Planning Masmuh, Muhammad Mukti Arif; Rahmawati, Rahmawati; Fahmi, Muhammad
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10243

Abstract

Islamic financial planning is vital for individuals and financial institutions for a few reasons. In order to improve the role of Islamic financial planning as sustainable economic development for individuals and institutional, thus, the use of technology is needed. This research aims to develop a model framework with the purpose of an improvement in the usage of financial technology for Islamic financial planning.
Impact of Instagram eWOM on Brand Equity and Purchase Intention: A Case Study of Youtfit Customers Daswan, Muh Irham; Juharsah, Juharsah; Sinarwati, Sinarwati; Daswan, Lestari; Hartini, Hartini; Makkulau, Makkulau
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v9i1.9792

Abstract

The purpose of this study is to determine (1) the influence of Instagram electronic word of mouth (eWOM) on brand equity, (2) the influence of Instagram e-WOM on purchase intention, (3) the influence of brand equity on purchase intention, (4) the influence of brand equity as an intervening variable between eWOM and purchase intention. This study used a simple random sampling technique. The sample in the study was 130 respondents who were Instagram account owners who were friends with the @youtfit__ Instagram account. Data analysis techniques use SEM (Structural Equation Modeling) Analysis analysis. The results showed that Instagram eWOM affects brand equity, Instagram eWOM affects purchase intention, brand equity affects purchase intention, and brand equity acts as an intervening variable between Instagram eWOM and purchase intention on Youtfit.
Integrating Islamic Economic Principles with Circular Economy: A Case Study of Waste Management Innovation at Palakka Health Hope Community Self-Help Group Ramlah, Sitti; Farida, Ida; S, Arifin
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10248

Abstract

This study examines the intersection of Islamic economic principles and circular economy concepts in waste management through an innovative case study of the Palakka Health Hope Community Self-Help Group (KSM). Using a qualitative descriptive approach enhanced by NVivo 12 software analysis, we conducted in-depth interviews with ten key stakeholders, including government officials, community members, and KSM personnel. The research reveals how KSM successfully implements circular economy principles through three key strategies: waste prevention, recycling initiatives, and cross-sector collaboration. Our analysis demonstrates that KSM's approach aligns with the Islamic concept of maslahah (public benefit) through its integration of environmental stewardship with economic development. The study identifies three fundamental Islamic economic principles - al-Ihsan (excellence), al-Kifayah (sufficiency), and al-Mas'uliyah (responsibility) - that harmonize with circular economy practices. The findings suggest that this integrated approach not only transforms waste into valuable resources but also creates sustainable employment opportunities while adhering to Islamic economic principles. This research contributes to the growing body of literature on faith-based approaches to environmental sustainability and provides practical insights for implementing religiously aligned circular economy initiatives in waste management.
Digitalization of Online Business to Enhance Export-Import Services: An Islamic Economic Perspective at PT. Hansa Meyer Global Indonesia Oktarizal, Tania
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.9844

Abstract

The economy is a fundamental human activity aimed at fulfilling the instinct to survive. As time progresses and society evolves, human needs have become increasingly complex, driving some to produce goods and offer services to meet consumer demands. The shift in the business world during the Industrial Revolution 4.0 is deeply intertwined with technology. Even the simplest businesses are now linked to technology, such as buying and selling, which often uses digital money. It opens up opportunities for digital transformation in new businesses in the digital and technology sectors, which are growing rapidly in Indonesia. This research is a field study using both primary and secondary data. The qualitative research method employed includes data collection through interviews, observations, and documentation. The analysis of the data reveals the implementation of E2Log digitization in export-import goods delivery services at PT. Hansa Meyer Global Indonesia includes features that facilitate company operations, such as data analysis, inventory management, shipping routes, tracking, and payment management. The digitization of E2Log enhances revenue and profitability through resource optimization, timely decision-making, and customer satisfaction. Additionally, from an Islamic economic perspective, the use of E2Log digitization aligns with Islamic economic principles, including fairness, avoiding usury, and social responsibility.
Analyzing Consumer Shopping Interest Drivers: The Impact of Promotional Strategies in E-Commerce Among Muslim Students Hakim, Miftahur Rahman; Kadir, Afifuddin; Indi, Anita; Adel, Adel
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10774

Abstract

This study investigates how key promotional strategies influence online shopping interest among Muslim university students, focusing specifically on discounts, free shipping offers, and cash-on-delivery (COD) payment systems in the Shopee e-commerce platform. Using a quantitative approach with survey data from 100 Muslim students in Kendari City selected through quota sampling, and the research employs ordinal regression analysis to examine the relationships between these promotional elements and shopping interest. The findings reveal that discounts and free shipping offers significantly influence shopping interest, with discount promotions showing the strongest effect (odds ratio of 2.19), followed by free shipping (odds ratio of 1.29). Interestingly, the COD payment system demonstrates no significant impact on shopping interest. The model explains 52.3% of the variance in shopping interest, highlighting the substantial role of promotional strategies in driving e-commerce adoption among Muslim students. These results provide valuable insights for e-commerce platforms and marketers in developing targeted promotional strategies for the Muslim student segment. The study contributes to the understanding of Muslim consumer behaviour in digital commerce by demonstrating how different promotional tools influence their shopping interests while considering their unique characteristics as digital-native consumers with specific religious values and limited disposable income.