cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota semarang,
Jawa tengah
INDONESIA
Economica: Jurnal Ekonomi Islam
Published by Universitas Islam Negeri Walisongo Semarang
ISSN : 20859325     EISSN : -     DOI : -
Core Subject : Economy, Education, Social,
Economics, Econometrics & Finance Social Sciences Other
EEconomica: Jurnal Ekonomi Islam is a scientific journal in the field of Islamic economics studies published twice a year by the Institute of Islamic Economic Research and Development (LP2EI), Faculty of Islamic Economics and Business UIN Walisongo Semarang. The editors receive scientific articles in the form of conceptual script or unpublished research results or other scientific publications related to Islamic Economics themes which cover Islamic Finance, Islamic Banking, Islamic Accounting, Islamic Marketing, also Behavioral Economics, Management, and Human Resources in Islamic perspective.
Arjuna Subject : -
Articles 366 Documents
 32   33   34   35   36 
Tax Policy and Muslim Consumer Behavior: Evidence from Indonesia’s Retail Sector Suhendar, Suhendar; Evi Ekawati; Yoyo Arifardhani; Dewi, Hayuningtyas Pramesti; Dahlan, Ahmad; Hamdan, Muhammad Sirajuddin Qahtan
Economica: Jurnal Ekonomi Islam Vol. 14 No. 2 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2023.14.2.25995

Abstract

Indonesia’s retail sector faces challenges adapting to recent VAT policy changes amid ongoing recovery from the COVID-19 downturn. This study examines the relationship between the VAT rate increase—from 11% to 12% in April 2022—and consumer purchasing power, using a mixed-methods approach grounded in Islamic ethics. Conducted across five major Indonesian cities, the analysis reveals that the tax increase has spurred improvements in financial planning, with 78% of respondents reporting more structured shopping behavior. Consumer adaptation strategies—including digital tools and loyalty programs—resulted in 15–20% savings. Demand elasticity varied by product type: essential goods showed low elasticity (-0.3), while non-essentials exhibited higher elasticity (-1.2), reflecting consumer prioritization. The retail sector demonstrated resilience, growing from 3.2% to 4.2%, with operational efficiency rising from 82% to 88% and digital transformation reaching 87%. These findings offer empirical support for the positive effects of fiscal adjustments and highlight the role of Islamic ethics in promoting prudent, purposeful consumption.
Beyond Religiosity: How Social Capital Drives Institutional Zakat Payment Preferences in Indonesia - A Behavioural Economics Analysis Djayusman, Royyan Ramdhani; Ibnu, Adi Rahmannur; Lahuri, Setiawan bin; Jalili, Ismail
Economica: Jurnal Ekonomi Islam Vol. 16 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2025.16.2.26477

Abstract

Notwithstanding the fact that Indonesia has the world’s largest Muslim population, zakat collection through formal institutions is substantially below expectations. In light of this shortfall, this study investigates the interplay between religiosity and social capital on individual preferences for zakat payments and the proportion allocated to official zakat agencies, with the overarching aim of contextualizing the fiqh zakat framework in contemporary Indonesia. Drawing upon the data from a nationwide survey of 794 respondents, the empirical analysis employs Linear Probability Model (LPM) and Poisson Pseudo Maximum Likelihood (PPML) regression techniques to examine the determinants of zakat payment behaviour. Findings reveal that social capital significantly increases both the likelihood of choosing zakat institutions and the portion of zakat paid through them. In contrast, religiosity shows a weaker direct effect on institutional zakat payment. Taken together, these results highlight the pivotal role of social networks and trust in enhancing institutional zakat collection. Therefore, the study advocates for a strategic reform of fiqh zakat practices that integrate social capital strategies to reinforce religiosity and improve zakat compliance through formal channels.
From Values to Visits: Exploring the Economic Development Potential of Halal Tourism Through Islamic Destination Attributes Nabila, Rifda; Bawono, Anton; Iffah, Zatul; Touray, Sally
Economica: Jurnal Ekonomi Islam Vol. 16 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2025.16.2.28154

Abstract

There is a growing acknowledgment of Halal tourism as a strategic sector for economic development in Muslim-majority countries. This research investigates how Islamic destination features, including worship amenities, halal compliance, and overall Islamic values, influence travelers’ choices to halal destinations in Indonesia, moderated by tourism image. Using a quantitative method, this study analyzed data with structural equation modeling in SmartPLS 3, based on responses from 1,000 tourists visiting Indonesia’s ten leading halal destinations. The results indicate that all three Islamic attributes significantly influence the positions of a tourist attraction, while only worship facilities directly affect visiting decisions. Destination image itself plays a mediating role in shaping tourist behavior. These results underline the importance of integrating Islamic values into tourism development strategies to enhance destination competitiveness. The study provides practical insights for government officials, including the standardization of halal certification in tourism facilities, the provision of adequate worship infrastructures at leading destinations, and the integration of halal tourism into national and digital marketing strategies. These analytical procedures enhance Indonesia’s role as a worldwide frontrunner in halal tourism. The results further emphasize halal tourism’s capacity to drive continuous local economic growth grounded in cultural and religious values.
Modern Payment Solutions for Zakat Fitrah: a Shariah Legal Examination of Pay Later Systems in Marketplaces Saekhu, Saekhu; Musyafak, Najahan; Mahsun, Mahsun
Economica: Jurnal Ekonomi Islam Vol. 13 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2022.13.2.28792

Abstract

This study examines the use of Pay Later systems offered by digital marketplaces, such as Gopay and Shopee, as a method for fulfilling zakat fitrah obligations. While financial technology has enhanced accessibility and efficiency in zakat management, its integration with credit-based instruments raises significant Shariah concerns. This study is contextualized from a qualitative approach that combines normative legal analysis with digital ethnography, exploring whether deferred payment models align with Islamic jurisprudence and the objectives of Shariah. We highlight findings that although Pay Later provides convenience for zakat payers, it introduces elements of debt that risk contradicting the principle of immediacy in zakat fitrah. Nonetheless, under certain circumstances, such as compliance with DSN-MUI regulations and avoidance of riba, Pay Later may be considered permissible as a means of fee. This paper contributes to the growing discourse on Islamic fintech by clarifying the legal and ethical boundaries of credit-based worship payments and offers practical recommendations for zakat institutions to collaborate with fintech providers while safeguarding the integrity of religious obligations.
Nexus Islamic Finance Development and Income Inequality in Indonesia: Testing Kuznets Curve Hypothesis Shofi Dana, Badara; Himmati, Risdiana; Salim, Agus
Economica: Jurnal Ekonomi Islam Vol. 16 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2025.16.2.26318

Abstract

This study analyzes the applicability of the Kuznets curve hypothesis within the specific context of Islamic finance development in Indonesia and its resultant implications for income inequality. The novelty of this research lies in integrating Islamic finance, specifically from the banking sector, with Islamic social finance instruments, namely zakat, infaq, and sadaqah. Crucially, it interrogates whether the Kuznets curve hypothesis remains pertinent within this expanded framework. Utilizing secondary panel data encompassing 25 Indonesian provinces over the 2019–2020 period, the study employs panel data regression techniques, specifically common effect, fixed effect, and random effect models, which were systematically selected via the Chow, Hausman, and Lagrange multiplier tests. The empirical findings demonstrate unequivocally that the development of Islamic finance, spanning both the financial and social sectors, significantly influences income inequality. This substantiates the Kuznets curve hypothesis: inequality initially escalates but subsequently diminishes as development matures. Furthermore, the results underscore the role of the Human Development Index (HDI) and the prevalence of mosques in mitigating inequality, while population density exhibits a positive association with inequality. This study conclusively argues that strengthening financial inclusion and professionalizing the management of Islamic social finance constitute strategic approaches for mitigating income inequality in Indonesia.
ANALISIS RASIONALITAS INVSETOR DALAM PEMILIHAN DAN PENENTUAN PORTOFOLIO OPTIMAL PADA SAHAM-SAHAM JAKARTA ISLAMIC INDEX Rifqiawan, Raden Arfan
Economica: Jurnal Ekonomi Islam Vol. 2 No. 2 (2012)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2012.2.2.826

Abstract

The purpose of this study is to determine that  wether investor rationality exist in undergoing the stock choice in  Jakarta Islamic Index at Indonesia Stock Exchange. Population to be chosen in the study is 44 firms listed on JII. However, the sample included are only 19 firms that present 30 times consecutively of simultan monitoring on JII. From 19 firms  after analyzed with single index model  found 11 has firms has  ERB > Ci*, that mean if investor invests  in 11 stocks will  get return higher with lower risk in comparison with investment in risk free  asset. Data to be used in the study is the secondary one, which is collected from Indonesia Stock Exchange Monthly Statistic and risk free rate report from Central Bank of Indonesia.Result to be obtained from the study demonstrates on empirical evidence of investor rationally in choosing the stock on JII. The value is  showed averagely stocks trade  volume that has  ERB > Ci* higher is compared averagely stocks trade  volume that has  ERB< Ci*.
PENGUATAN AKAD PEMBIAYAAN MUDHARABAH UNTUK MEREALISASIKAN MISI KEADILAN BERBISNIS PADA BAITUT TAMWIL TAMZIS WONOSOBO Fatoni, Nur
Economica: Jurnal Ekonomi Islam Vol. 2 No. 2 (2012)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2012.2.2.827

Abstract

Baitut Tamwil TAMZIS is unique in terms of financing agreement courage to apply to the majority of its financing. BT TAMZIS understand the financing as "nggaduhke" of funds to members to be developed by way of trade. The risk of losses on these funds BT TAMZIS risk. This is evident when there is a fire Wonosobo market, Waterford and Magelang. To overcome it, he has a security system when there is a loss of assets due to natural factors or human error accident outside as the fire. He made the assurance division that serves as an internal insurance. Guarantee fund paid for by the BT TAMZIS in a unique way as well. Members exempt from administrative costs at the time of withdrawal. Members receive financing without the discount. He was obliged to pay the funds ta'awun with specific tariff. The benefit fund is to liberate the remaining debt ta'awun members during a disaster.
ANALISIS PENGARUH PARTISIPASI SANTRI KOMITMEN DAN KEMAMPUAN BERINOVASI TERHADAP KINERJA KOPERASI PONDOK PESANTREN DI KOTA SEMARANG Syarbani, Hasyim
Economica: Jurnal Ekonomi Islam Vol. 2 No. 2 (2012)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2012.2.2.848

Abstract

In order to improve the performance of cooperative boarding lodge, then it can be done with meningkatkann participation and commitment of members, because of the participation and commitment affect the performance of the company. whereas innovation-oriented company providing a positive impact on company performance. Therefore, this study is a replication of research Johanis W dominoes is applied to the cooperative boarding lodge. While the purpose of the research goal is to determine the effect of participation and ability to innovate komimen effect on the performance of cooperative boarding lodge. Based on the results show Ahwa: Turnout santri the ability to innovate cooperative commitment of the boarding lodge is still low as well as the performance cooperative boarding lodge  is still low, this is indicated by a decline in business, number of members and the rest of the results of cooperative efforts boarding lodge per year. The goodness of fit indices and regression weights can be accepted research model means that the participation of santri, commitment and ability to innovate affect the performance of cooperative boarding lodge. So it can be concluded that the low performance of cooperatives that santri affected by the lack of participation, commitment and ability to innovate cooperative boarding lodge.
IMPLEMENTASI PRINSIP GOOD CORPORATE GOVERNANCE PADA PERBANKAN SYARI’AH DI INDONESIA Setyani, Nur Hidayati
Economica: Jurnal Ekonomi Islam Vol. 2 No. 2 (2012)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2012.2.2.849

Abstract

Bank is financial institution, which is a fungtioning financial intermediary from two parties, namely sides that excess fund and poor one party lents fund. Principle syari’ah is ruling indentured base islamic law among bank and party othering to keep fund and/or business activity finanance, or stated another activity according to syari’ah.Good corporate governance (GCG) is manner brings of bank that are principles apply; transparency , accountability, responsibility, independency and fairness. GCG’s principles really back up syar’i. In Islam also recognized many muamalah’s principles as; justice, tazawun, masuliyah, behaviour, shiddiq, trust ,fathanah , tabligh hurriyah, charity, wasathan, ghirah, idarah, khalifah, aqidah , ijabiyah, raqabah, qira’ah and islah. Implementation  about performing GCG at various institute carries on business to get profit’s orientation, notably financial institution/syari’ah bank, constitute a certainty, even syari’ah’s financial institutions in particular bank syari’ah, ought to becomes pionir, since to carried on terminological islamic principles.
TEORI INVISIBLE HAND ADAM SMITH DALAM PERSPEKTIF EKONOMI ISLAM KAH, Rustam Dahar
Economica: Jurnal Ekonomi Islam Vol. 2 No. 2 (2012)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2012.2.2.850

Abstract

Adam Smith as the founder of modern economics laid the basic foundation for economic development through the capitalist system in which capital factor used as a measuring tool for economic success. One opinion of Adam Smith "the theory of invivisble hand" in economic activity every individual has the full authority of his property and free use of economic resources in ways that he likes, disregarding the interests of the general public. This shows that capitalism has the right to have a peribadi an unlimited of the means of production, which is the driving force personal profit. Islam is essentially bringing the teachings to human life that comes the Koran and Hadith. Economic activity in the view of Islam is the guidance of life, in addition it is also a suggestion that has a dimension of worship. Wealth (material wealth) is trustworthy, thus the mandate that God bestowed it must be used together, not to suck other people or enslave other people. Islam allows every person to own property in person, but as it also enjoins on his property was to be used collectively (together), alms or spend a portion of such property in Allah. Economic activity in the view of Islam is not only material but more than that - "material plus" -. Islam has always stressed that every person living in a lawful manner. Islam also does not prohibit untukmelakukan economic activity, but Islam provides guidance and guidance in the form of Islamic values. 

Page 34 of 37 | Total Record : 366

 32   33   34   35   36 

Filter by Year

2012 2025


Reset
Filter By Issues
All Issue Vol. 16 No. 2 (2025) Vol. 16 No. 1 (2025) Vol. 15 No. 2 (2024) Vol. 15 No. 1 (2024) Vol. 14 No. 2 (2023) Vol 14, No 1 (2023) Vol. 14 No. 1 (2023) Vol. 13 No. 2 (2022) Vol. 13 No. 1 (2022) Vol 12, No 2 (2021) Vol. 12 No. 2 (2021) Vol. 12 No. 1 (2021) Vol 12, No 1 (2021) Vol 11, No 2 (2020) Vol 11, No 1 (2020) Vol 10, No 2 (2019) Vol 10, No 1 (2019) Vol 9, No 2 (2018) Vol 9, No 1 (2018) Vol 8, No 2 (2017) Vol 8, No 2 (2017) Vol 8, No 1 (2017) Vol 8, No 1 (2017) Vol 7, No 2 (2016) Vol 7, No 2 (2016) Vol 7, No 1 (2016) Vol 7, No 1 (2016) Vol 6, No 2 (2015) Vol 6, No 2 (2015) Vol 6, No 1 (2015) Vol 6, No 1 (2015) Vol 5, No 2 (2014) Vol 5, No 2 (2014) Vol 5, No 1 (2014) Vol 5, No 1 (2014) Vol 4, No 2 (2013) Vol 4, No 2 (2013) Vol 4, No 1 (2013) Vol 4, No 1 (2013) Vol. 2 No. 2 (2012) Vol 2, No 2 (2012) More Issue