cover
Contact Name
Devid Frastiawan Amir Sup
Contact Email
aliktisab@unida.gontor.ac.id
Phone
+6285234190637
Journal Mail Official
aliktisab@unida.gontor.ac.id
Editorial Address
Jl. Raya Siman Ponorogo, Telp. (0352) 483762, Fax. (0352) 488182, Ponorogo, Jawa Timur, Indonesia
Location
Kab. ponorogo,
Jawa timur
INDONESIA
Al-Iktisab: Journal of Islamic Economic Law
ISSN : 25804251     EISSN : 2615661X     DOI : -
Core Subject : Economy, Social,
Al-Iktisab: Journal of Islamic Economic law is a peer reviewed journal published by University of Darussalam (UNIDA) Gontor. The journal is semi-annual journal issued on May and November. The aims of the journal is to explore and develop economics related to Islamic laws that cover issues both from Indonesia and overseas. Moreover, the editor accepts final manuscripts that have not been sent to other journal for publication. Those interested in subscribing to the Journal, advertising in the Journal, submitting manuscripts to the Journal, or otherwise communicating with the Journal, should contact at aliktisab@unida.gontor.ac.id.
Articles 153 Documents
The Role of BMT NU Ngasem Jampet Branch in Increasing MSME Income in Jampet Market Through Rahn Financing Wahyudi, M. Eko; Purnomo, Joko Hadi; Muctharom, Moch. Zaenal Azis
AL- IKTISAB Journal of Islamic Economic Law Vol 5 No 2 (2021)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v5i2.6900

Abstract

The purpose of this research was to describe the role of BMT NU Ngasem Jampet Branch in increasing the income of MSMEs in Jampet Market through Rahn Financing. The method used was qualitative. The results showed that the role of financing applied by BMT NU Ngasem Jampet Branch is in accordance with the objectives of Islamic financial institutions in general, namely improving the quality of the community’s economic business for the welfare of the community and its members. Especially in financing products, because the existence of this financing makes it a solution for MSMEs or market traders in the capital used to develop and improve their business than before. So that financing is one way for MSMEs or market traders to increase their business income. The success of BMT NU Ngasem Jampet Branch in carrying out work programs related to financing realized for MSMEs or market traders. This is evidenced by the implementation of financing carried out by BMT NU Ngasem Jampet Branch with several MSMEs or traders in Jampet Market who carry out financing totaling 22 members, but there are some members who have difficulty in terms of installments because their sales are still quiet unlike other traders. So that it makes the installments delay and makes the installment time longer. Meanwhile, members who experience business development and are smooth in financing installments and make the repayment time according to maturity. From the application of financing to 11 MSMEs in the Jampet Market, there was an increase in income for rahn financing with an average of 3.4% of income per month of May 2021.
Sharia Economic Views on Tabzir Behavior Sukoco, Daud; Retnowati, May Shinta; Rofiqa, Azidni; Firdaus, Muhammad Irkham; Sup, Devid Frastiawan Amir
AL- IKTISAB Journal of Islamic Economic Law Vol 5 No 2 (2021)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/al-iktisab.v5i2.7032

Abstract

Tabzir behavior is a form of deviation in economic behavior, especially consumption. The purpose of this study is to describe the concept of tabzir in Islamic economic studies and to provide an ideal behavioral offer for consumer behavior. The research method used is qualitative-descriptive-library. Data were collected by documentation method, then processed by data editing and compilation method. Next, the analysis process was carried out by deduction method using the concept of tabzir in Islamic economic studies. Conclusions drawn from this study. First, tabzir behavior is a form of malpractice and deviation in economic behavior, especially in consumption. Second, the law of tabzir behavior for certain definitions is haram. Third, the wisdom avoid of  tabzir behavior is to build an awareness of collective solidarity, avoid debt, disorientation of  life  loss of critical power and economic education. The social concept about consumption based on sharia is a  social care which concern on tauhid  and love for fellow human beings, thus forming a just and civilized society.
The Effect of Electronic Payments on Customer Satisfaction (Case Study of the Al-Watani Islamic Bank Iraq) Alfatlawi, Hayder Ali Kadhim; Alsaedi, Wasan Khifah Abdulridha
AL- IKTISAB Journal of Islamic Economic Law Vol 7 No 2 (2023)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v7i2.10567

Abstract

The research aims to identify the dimensions of electronic payments and the security requirements of the electronic payment system and indicate their impact on customer satisfaction. Because the banking sector in Iraq suffers from a changing banking environment, which requires it to keep abreast of developments in the system, and accordingly, the electronic payment service will have a future system for all forms of payments in all institutions. The researchers used the method analytical descriptive (quantitative) to explore the relationship and impact of electronic payments on customer satisfaction for employees in the Al-Watani Islamic Bank Iraq, where the necessary components were selected for each group using a random sample that included an official and an employee in the administration and its related branches for May and June 2023. The data collection tools were (questionnaire), where an electronic form (questionnaire) was distributed to (70) of the workers in this reserach. The responses averaged (61) responses, and a program was SPSS V.23 for statistical analysis and several methods and tools, descriptive analysis (central tendency measurement tools, statistical dispersion), simple linear regression, and quantitative analysis (pearson correlation coefficient). The researchers concluded that there is a direct correlation and a statistically significant effect between electronic payments and customer satisfaction under research at a significant level 0.01. The researchers recommend improving customer satisfaction by investing in modern protection technology, should make the process of registration and use of electronic banking services easy and simple, provide rewards and incentives to customers who use electronic payment, to carry out promotional campaigns to raise awareness of the benefits and safety of electronic payment, and how to use it effectively.
Rules and Application of Trading Robot on Sharia Stock in Indonesia Julistiyan, Ridoni; Hidayatulloh
AL- IKTISAB Journal of Islamic Economic Law Vol 7 No 2 (2023)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v7i2.10588

Abstract

This research began with the anxiety of the Islamic investor community regarding the decision of the Indonesia Stock Exchange to allow exchange members to use the trading robot feature (automated ordering). This policy raises a new problem for the practice of trading sharia stocks using trading robots. Therefore, this research aims to discover the practice of trading robot tools in the sharia stock market. Besides, the research also aims to explore the views of Islamic law on sharia stock investors who practice buying and selling sharia shares with trading robots, with the research object being PT Indo Premier Sekuritas. This type of empirical juridical research analyzes the mechanism of the practice of sharia stock transactions in the secondary market with trading robots associated with several provisions in a regulation. The data collection method used in this legal research is the method of observation, interviews, and documentation. The results of this research stated that the practice of trading robots at PT Indo Premier Sekuritas is permissible according to sharia principles for some reasons. First, this trading robot is used as an intermediary or instrument to convey information. Second, the investors must understand the information contained in the trading robot. On the other side, trading robots can only be legal if investors fully understand how trading robots work because their ignorance can plunge them into the practice of maysir or gambling. Currently, there are no strict regulations governing trading robots in Indonesia. Although there is no legal regulation, it is not an act that is against the law because trading robots are only tools that make it easier for traders and investors to automate transactions. However, investors can be suspected of criminal acts if the trading robot is vulnerable to market manipulation and marketed by providing profit guarantee promises. More dangerously, the company which conducts the business of raising investment funds does not get a permit from the Indonesia Stock Exchange.
Grand Design of Halal Supply Chain on Pesantren Business: Study on AMIDAS Manufacturer's Company Retnowati, May Shinta; Arjuna, Agma; Al Faruqi, Musta’an; Hidayat, Iman Nur; Diana, Rashda
AL- IKTISAB Journal of Islamic Economic Law Vol 7 No 2 (2023)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v7i2.11455

Abstract

Indonesia is still far behind the western countries that have started a lot of studies on the halal business sector. Whereas on the one hand Indonesia is a country with a majority of Muslims, thus obliging most of them to meet their needs with the halal sector. Besides, Indonesia also has many pesantren that become a halal ecosystem indirectly. Many pesantren to meet their needs through various business units that indirectly support and improve the market sector halal in Indonesia. One of the business unit to be studied is a mineral water production business unit named AMIDAS. This research method uses qualitative research. Data collection techniques through observation, interviews, and documentation, with inductive descriptive analysis model to put forward the design form of halal supply chain implemented in AMIDAS manufacturer company. The results, as a manufacturer, AMIDAS goes through the whole supply chain procedure. AMIDAS receives plastic bottles, gallons, cartons, and cups from material suppliers from different regions for which they have also had security licenses on the products they produce. Products are received from suppliers by manufacturing, which then stores them in warehouses before producing bottled water for the corporation. AMIDAS distributes the goods to retailer, sub-retailer, and so on after it is completed and ready for marketing. The product  is stored in a clean warehouse and is protected from unclean or unwanted goods, as well as transportation used as well customers purchase goods from retailers after they are resold to sub-retailers dispersed throughout the Ponorogo region and surrounding Javan cities.
The Islamic Social Finance in Poverty Alleviation: R Bibilioshiny Method Approach Birjaman, Muhammad Iqbal; Ismail, Nurizal; Mahfudz, Shaifurrokhman
AL- IKTISAB Journal of Islamic Economic Law Vol 7 No 2 (2023)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v7i2.11627

Abstract

The concept of Islamic social finance has gained significant attention in recent years as a tool for poverty alleviation. Islamic social finance refers to the use of Islamic financial instruments to address social and economic issues, including poverty, through zakat, infaq, shadaqah, and waqf. This research explores the application of Islamic social finance for poverty alleviation through the case study of the R Bibilioshiny program. Researchers conduct quantitative methods for data collection, primarily utilizing the Scopus database with the keyword "Islamic Social Finance on Poverty Alleviation". This research employs the R Bibilioshiny program application to process and visualize data obtained from the Scopus database. From the conceptual structure results in the thematic maps discussion, it is found that the most frequently appearing keywords closely related to the research are banking, poverty alleviation, and microfinance. This serves as a benchmark for influence, especially banking and microfinance as Islamic social finance in poverty alleviation efforts. The research finds that the R Bibilioshiny program has been successful in reducing poverty and improving the socio economic status of participants. The success of the R Bibilioshiny program highlights the potential of Islamic social finance as a tool for poverty alleviation. However, there are also challenges that need to be addressed, including the lack of awareness and understanding of Islamic social finance among the general public, and the need for more rigorous monitoring and evaluation of Islamic social finance programs to fully realize this potential, greater awareness and understanding of Islamic social finance is needed, as well as more rigorous monitoring and evaluation of Islamic social finance programs to ensure their effectiveness and sustainability.
Measuring the Role of Zakat in the Development of HDI with a License Approach (Case Study of BAZNAS Bekasi City) Wahyudi, Dikky; Ismail, Nurizal; Al-Ayubi, Solahuddin
AL- IKTISAB Journal of Islamic Economic Law Vol 8 No 1 (2024)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v8i1.11628

Abstract

This research creates a breakthrough by bringing the National Zakat Index (IZN) approach to measure the role of zakat in increasing the Human Development Index (HDI), an aspect that is still minimally explored in the literature. Focusing on analyzing the performance of BAZNAS Bekasi city provides added value, considering that BAZNAS Bekasi city has proven to be good and transparent in the distribution of Zakat, Infaq, and Shadaqah (ZIS) funds. This research aims to measure the role of zakat in increasing the Human Development Index (HDI) in Bekasi city. The research method used was a mixed method, where data was collected through interviews and questionnaires. The sample selection process was carried out randomly using a simple random sampling technique, and data analysis was carried out using the National Zakat Index (IZN) approach. The findings in this research indicate that the role of zakat in increasing the human development index in Bekasi city has a significant impact, with the micro dimension index value reaching around 84%. Apart from that, zakat also has a significant influence on the welfare and independence index of the community in Bekasi city.
english english Noviyanti, Ririn; Albab, M. Ulil
AL- IKTISAB Journal of Islamic Economic Law Vol 7 No 2 (2023)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v7i2.11724

Abstract

Halal lifestyle has recently begun to be hotly discussed. Both by halal lifestyle activists and the community as producers and consumers. The 2018 Halal Economy and Strategy Roadmap states that Indonesia's total consumption of halal goods and services in 2017 was around US$ 218,8 billion. This number is estimated to continue to grow by an average of 5,3% and reach US$ 330,5 billion in 2025. This has also received appreciation and support by LPPOM-MUI by holding a Halal Award on July 7, 2022 ago. This study aims to analyze in depth about the potential of halal lifestyle influencers in their efforts to educate and socialize netizens about halal lifestyle, especially on Muslim Indonesia. This type of research was qualitative with a netnography approach. Netnography is a method used to uncover and analyze publicly available information where everyone is free to share through social media networks. Netnography can be defined as a research method within the network, an adaptation of ethnography applied to understand social interactions in the context of digital communication. Observations and documentation were used as data collection techniques. Meanwhile, data analysis uses data content analysis. This research found that halal lifestyle enthusiasts through halal content become one of the important agents in the context of disseminating halal information and knowledge and become a trigger in uploading halal awareness. Involving halal lifestyle enthusiasts has great potential and can have a positive impact on halal socialization in Indonesia. The contribution of this research was to provide a concrete picture regarding the role of halal lifestyle influencer in increasing the awareness of halal lifestyle in Indonesia.
Sustainable Living Legacy Integrated from Mawarith Linked Waqf Awalia, Fadhila Tianti Mudi; Wulandari, Yunita; Zahro’, Khurun’in; Sari, Tryas Titi; Amelia, Ishma
AL- IKTISAB Journal of Islamic Economic Law Vol 8 No 1 (2024)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v8i1.11727

Abstract

Mawarith and waqf are two things related to one's property. Waqf which has the characteristics of maintaining the property being waqf, and mawarith is the transfer of ownership rights from the deceased to his heirs who are still alive, whether what is left is property (money), land, or anything in the form of property rights in a shar'i way. The writing aims are to introduce the concept of mawarith and waqf integration in life or in terms known as mawarith linked waqf and show its application at Gontor. This research uses empirical juridical research methods by examining legal norms in the form of mawarith and waqf regulations related to Gontor's practices as one of the sustainable waqf based Islamic boarding schools. The results, Gontor as an educational institution has implemented an mawarith and waqf system that is beneficial for Muslims in general. By waqf system, this boarding school develops and continues to give birth to various benefits for the people. Mawarith linked waqf can increase assets and the potential for equitable distribution of property benefits.
The Practice of Account Payable and Receivable in the ShopeePay Later System According to Hanafi and Shafi’i Madzhab Prasetya, Teguh Eka; Rachmawati, Andini; Nasution, Saipul; Sa’diah, Chindy Halimatus
AL- IKTISAB Journal of Islamic Economic Law Vol 8 No 1 (2024)
Publisher : University of Darusssalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/aliktisab.v8i1.12093

Abstract

One of the services offered by Shopee to consumers is ShopeePay Later. Paylater can be interpreted as a service that provides online or electronic money loans and helps people with instalment methods without credit cards. ShopeePay Later leads to the problem of debt and credit. Allah Swt. allows doing debt and credit or qardh if the qardh goes to something good, such as helping in distress or helping people who are less well off by lending some of their assets, but what distinguishes it is the way it is carried out if a debt is generally done directly. However, ShopeePay Later is online, where the agreement or contract is made indirectly. This research aims to discover the Hanafi and Shafi'i madzhab scholars opinions on the practice of accounts payable contained in the ShopeePay Later online payment site. This research is library research using a descriptive comparative approach, where researchers make a systematic explanation of the views of the Hanafi and the Shafi'i madzhab on the practice of debt and credit contained in the ShopeePay Later online payment site and compare, and then analyse them. The result of this study is the practice of debt and credit contained in the ShopeePay Later application, according to the Hanafi and the Shafi’i madzhab, there are differences in the object of goods returned. According to the view of the Hanafi madzhab scholars what is borrowed by muqtaridh must be returned with the same or mistli, if the goods returned are not the same or mistli then the contract in it is invalid. In contrast, the view of the Shafi'i madzhab is that what is borrowed and what is returned must be of the same or comparable, as long as it does not harm the muqaridh as a debt giver.