cover
Contact Name
Muhammad Nizar
Contact Email
nizaryudharta@gmail.com
Phone
-
Journal Mail Official
malia@yudharta.ac.id
Editorial Address
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Location
Kab. pasuruan,
Jawa timur
INDONESIA
MALIA
ISSN : 20879636     EISSN : 25492578     DOI : -
Core Subject : Economy,
Jurnal Malia terbit sejak 2011, setiap enam bulan sekali bulan Maret dan Agustus, merupakan jurnal ekonomi dan perbankan syariah yang menyajikan artikel hasil penelitian (empiris) serta isu-isu yang mencakup ekonomi syariah, keuangan syariah dan perbankan syariah.
Arjuna Subject : -
Articles 16 Documents
Search results for , issue "Vol 16 No 2 (2025)" : 16 Documents clear
Strategic Utilization of Muhammadiyah’s Waqf Land Assets To Support Green Economy Setiyowati, Arin; Salsabilla, Salma Nadia; Berkah, Dian; Nadid, Erdin
MALIA: Jurnal Ekonomi Islam Vol 16 No 2 (2025)
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/ml.v16i2.6291

Abstract

Introduction: The utilization of waqf land assets, especially in the Muhammadiyah Organization, has not been optimal in supporting sustainable development and a green economy. A strategy for utilizing waqf land assets in the Muhammadiyah Organization to support a green economy is pivotal. Methods: This study used a qualitative method with a case study approach. The sources used in this study are primary and secondary data. The data analysis technique used in this study was simplifying raw data from interviews or data reduction. Results: Data collection used in-depth interviews with Nadzir administrators. Based on the interviews, four main detailed themes emerged: management of waqf land assets, utilization of waqf land for a green economy, collaboration and partnership, and challenges and optimization strategies. These four themes provide a complete picture of how the waqf land management process works in the field practice. Conclusion and suggestion: Optimizing the use of waqf land assets by Muhammadiyah, especially in Bojonegoro and Lamongan, has shown a paradigm shift from traditional waqf management to productive waqf oriented towards sustainability through integration with the concept of green economy.
Intention to Invest in Islamic Capital Market Among Youth: The Influence of Sharia Financial Literacy and Religiosity Ja'far, Achmad Mu'afi; Julaihah, Umi; Adenina Zidni Maulida, Nabila
MALIA: Jurnal Ekonomi Islam Vol 16 No 2 (2025)
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/ml.v16i2.6296

Abstract

Introduction: According to the National Survey of Financial Literacy and Inclusion conducted in 2019, the number of Islamic stocks and Islamic capital market assets has increased in Indonesia, but the level of Islamic financial literacy and Islamic capital markets of the Indonesian population is still very low compared to conventional ones. This study aims to determine the effect of Islamic financial literacy and religiosity on investment interest in the Islamic capital market. Methods: This research employed quantitative methods with regression analysis. Data were collected using a questionnaire through Google Forms, resulting in a sample of 203 students in Malang, Indonesia. Results: The results showed that, either partially or simultaneously, Sharia financial literacy and religiosity variables had a significant positive effect on investment intention in the Islamic capital market. Moreover, it had a high coefficient determination of about 0.752, indicating that the financial literacy and religiosity variables can influence the investment intention variable by 75.2%. Conclusion and suggestion: Based on the findings, it was demonstrated that religiosity had a greater impact on the intention to invest in the Islamic capital market compared to Sharia financial literacy. This could be due to the fact that the level of Sharia financial literacy among respondents remains low. Thus, to boost young participation in the Islamic capital market, it is recommended that academic institutions educate young people about Sharia financial literacy through formal education. Also, the businesses could provide informal information about investing in the Islamic capital market.
Exploring Halal Tourism as Indonesia’s Super-Priority Destination: Muslim Travelers’ Needs in Labuan Bajo Nurkarim, Muhammad Azmi; Nursyabani, Cahyania; Fatwa, Nur; Rini, Nova; Ramy Azhar, Muhammad
MALIA: Jurnal Ekonomi Islam Vol 16 No 2 (2025)
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/ml.v16i2.6325

Abstract

Introduction: This research aims to explore the needs of Muslim travelers who visit the Super-Priority Destination of Labuan Bajo. Labuan Bajo is considered one of the potential destinations for developing halal tourism in Indonesia. However, the predominance of a non-Muslim population in the region presents a distinctive challenge in the implementation and promotion of halal tourism practices. Methods: The approach used is qualitative, with data collected through in-depth interviews with Muslim Traveler informants who had visited Labuan Bajo. The in-depth interview questions are based on the extension of the theory of travel. Results: The research results show that the main motivations for Muslim travelers visiting this place are recreation and work, where natural beauty and ease of access are the main factors attracting Muslim tourists to visit this place. However, there are still many challenges that need to be addressed, such as the limited availability of prayer facilities in some island destinations, the lack of halal-certified food options, and the insufficient communication between tour providers and tourists. Conclusion and suggestion: This study concludes that Labuan Bajo is a Muslim-friendly destination, but the improvement of worship facilities and halal food must be optimized. This research is expected to serve as a foundation for the development of halal tourism in predominantly non-Muslim destinations that are inclusive and sustainable.
SWOT Analysis of MSMe Business Strategy: A Critical Approach to Digital Transformation and Industrial Competitiveness hafiz, Achmad Al-Hafiz Lubis; Marliyah, Marliyah; Syahbudi, Muhammad
MALIA: Jurnal Ekonomi Islam Vol 16 No 2 (2025)
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/ml.v16i2.6336

Abstract

Introduction: This study examines the development strategy of ornamental fish cultivation from an Islamic economic perspective, with a case study of Naga Aquatic in Medan City. The research aims to analyze how business strategies can align with Islamic principles while enhancing competitiveness and sustainability in the ornamental fish sector. Methods A qualitative descriptive approach was employed, using interviews, field observations, and document analysis to collect data from the owner and operators of Naga Aquatic. SWOT analysis was applied to evaluate internal and external strategic factors. Results: The findings reveal that Naga Aquatic possesses strong internal strengths including diverse and appealing fish varieties, reputable branding, and growing market demand despite external threats such as intense competition and seasonal disease risks. The business scored 2.877 on the Internal Factor Evaluation (IFE) and 2.951 on the External Factor Evaluation (EFE), positioning it in Quadrant I of the IE Matrix. This reflects a favorable strategic position for aggressive growth Conclusion and suggestion: To capitalize on this position, S–O strategies are recommended, including digital promotion, product diversification, collaboration with local fisheries, and the development of derivative product lines. These strategies are not only market-oriented but also consistent with Islamic business ethics, promoting halal entrepreneurship, community empowerment, and ethical business conduct.
Analysis of Micro, Small, And Medium Enterprises (MSMEs) Development Strategies With An Islamic Business Approach Ethics in Increasing Business Income Siregar, Nurhasanah; Muhammad Yafiz; Nasution, Juliana
MALIA: Jurnal Ekonomi Islam Vol 16 No 2 (2025)
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/ml.v16i2.6383

Abstract

Introduction: This study investigates the development strategy of Micro, Small, and Medium Enterprises (MSMEs) at RnD Snack Labuhanbatu Selatan through the perspective of Islamic business ethics. The research aims to explore how Islamic ethical values are integrated into business development to support sustainability and competitiveness. Methods: This research employs a qualitative descriptive approach by conducting in-depth interviews with business owners, employees, and three customers, as well as direct observation of operational activities. The data were analyzed using a combination of business strategy theory, Islamic business ethics principles, and the SWOT analysis framework. Results: The findings indicate that RnD Snack implements business strategies such as improving product quality, innovating menu options, enhancing customer service, promoting through social media, expanding market reach, and applying the Islamic marketing mix. All these strategies are aligned with Islamic ethical principles, including honesty, transparency, fairness, and generosity. Conclusion and suggestion: This study concludes that integrating Islamic business ethics into MSME development strategies contributes positively to sustainability and long-term performance. It is suggested that other similar businesses adopt ethical practices based on Islamic teachings to build customer trust and improve competitiveness.
Islamic Spiritual Intelligence to Resilience at Work: A Moderated Mediation Model Veina Ayu Restiani; Nafia Ilhama Qurratu'aini
MALIA: Jurnal Ekonomi Islam Vol 16 No 2 (2025)
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/ml.v16i2.6393

Abstract

Introduction: Employees certainly cannot be separated from internal and external conflicts that can affect their behavior at work, this research will discuss Islamic spiritual intelligence on resilience at work as an employee's ability to manage conflicts to create positive behavior, with the moderating influence of OCB and toxic environment as mediation. Methods: This research uses quantitative methods with purposive sampling techniques and the Slovin formula in determining the sample so that 400 respondents are obtained, then analyzed using SmartPLS 4.0 to answer the research hypothesis. Results: The results of this research found a positive and significant effect of Islamic spiritual intelligence on OCB, a positive and significant effect of OCB on resilience in the workplace, and a negative and insignificant effect of OCB on resilience in the workplace moderated by toxic environment, that Islamic spiritual intelligence in employees can increase resilience by reducing emotional exhaustion and as a result there is positive energy shown by OCB behavior. Conclusion and suggestion: The findings of this research indicate that the behavior displayed by individuals in the workplace has a supporting factor, namely Islamic spiritual intelligence, thus, employees can understand that having Islamic spiritual intelligence will be better at managing behavior because they act according to inner beliefs, can regulate emotions in themselves so that resilience is formed in employees, and have a desire to be useful and sincere in doing work so that positif behavior is formed.

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