cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Ade Nur Rohim
Contact Email
adenurrohim@upnvj.ac.id
Phone
+6285259575940
Journal Mail Official
jiefes@upnvj.ac.id
Editorial Address
Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta Jl. RS Fatmawati No. 1, Pondok Labu, Jakarta Selatan 12450
Location
Kota depok,
Jawa barat
INDONESIA
Journal of Islamic Economics and Finance Studies
Published by Universitas Pembangunan Nasional Veteran Jakarta
ISSN : 27236730     EISSN : 27236749     DOI : -
Core Subject : Religion, Economy, Social,
Religion Economics, Econometrics & Finance Social Sciences
Journal of Islamic Economics and Finance Studies (JIEFeS) is a peer-reviewed journal published twice a year, in June and December by the Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta, Indonesia. The journal accepts scientific articles in the form of research results and theoretical or conceptual papers, written in standard Indonesian or English. JIEFeS particularly focuses on the main issues and studies in Islamic Economics and Finance areas. It covers Islamic Economics, Islamic Banking and Finance, Islamic Microfinance, Islamic Philanthropy (Zakah and Waqf), and Halal Economy.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 93 Documents
 6   7   8   9   10 
Islamic Banking in Indonesia: Assessing the Impact of Economic Turbulence and Market Dynamics on Credit Portfolios Mubarok, Faizul; Wibowo, Martino; Utomo, Kabul Wahyu; Rahman, Saif Ur
Journal of Islamic Economics and Finance Studies Vol 6 No 1 (2025): JIEFeS, June 2025
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v6i1.10937

Abstract

Indonesia’s Islamic banking sector has experienced rapid expansion in recent decades; however, credit growth within this sector remains volatile and insufficiently explored, particularly in relation to broader macroeconomic fluctuations. This study addresses this knowledge gap by investigating the key macroeconomic and financial determinants influencing credit growth in Islamic banks. It is driven by the need to understand how external shocks and policy variables affect Islamic financing behavior. Utilizing monthly data from 2002 to 2023, the study employs a Vector Error Correction Model (VECM), Impulse Response Function (IRF), and Forecast Error Variance Decomposition (FEVD) to analyze both short- and long-term dynamics. The VECM results reveal a long-run equilibrium relationship between Islamic credit growth and macroeconomic indicators, including GDP, inflation, and interest rates. This finding suggests that Islamic credit, characterized by its unique Shariah-compliant principles, adjusts over time to restore equilibrium following disruptions. The IRF analysis further indicates that shocks to inflation and exchange rates tend to temporarily suppress credit growth, reflecting the sector’s sensitivity to price volatility and currency fluctuations. In contrast, positive shocks to GDP and stock market performance are associated with sustained increases in credit, underscoring the procyclical nature of Islamic bank lending. FEVD results show that GDP and inflation are the most significant drivers of credit growth variability, followed by interest rates and the exchange rate. These findings underscore that Islamic credit expansion is closely tied to real sector performance and overall macroeconomic stability. For policymakers and financial regulators, the study highlights the importance of maintaining sound macroeconomic fundamentals and fostering a stable investment climate. Such efforts are essential to support sustainable credit growth and enhance the resilience of Indonesia’s Islamic banking sector
A Comparative Expert-Based Analysis for Prioritizing Waqf Asset Optimization Strategies in Indonesia: An Analytic Network Process (ANP) Approach Putra, Trisno Wardy; Alwahidin; Sikki, Kaisar Lahiya
Journal of Islamic Economics and Finance Studies Vol 6 No 1 (2025): JIEFeS, June 2025
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v6i1.10942

Abstract

Land waqf in Indonesia holds significant potential for economic empowerment; however, its predominantly conventional management practices have limited its contribution to broader development goals. This study aims to formulate comprehensive strategic priorities, based on expert evaluations, to enhance the sustainable effectiveness of land waqf management. The research employs the Analytic Network Process (ANP), a method that enables the analysis of interdependencies among decision elements using expert input. The results reveal notable differences in emphasis among expert groups. Regulators identify regulatory issues as the primary challenge (0.303) and the most critical solution area (0.321), with regulatory strengthening emerging as the top strategic priority (0.272). Academics consider nazhir-related issues as the central problem (0.344), advocating balanced empowerment of both wakif and nazhir (each 0.285), supported by strategies focused on enhancing waqf literacy and optimizing asset management (each 0.342). Practitioners also emphasize the role of nazhir (0.308) and prioritize capacity-building solutions for nazhir (0.311), proposing a comprehensive strategy encompassing waqf literacy, regulatory reinforcement, and asset optimization (each 0.270). These findings underscore the need for a multidimensional approach to waqf asset optimization—one that integrates institutional development, educational initiatives, and policy reform. The study highlights the critical importance of collaboration among regulators, academics, and practitioners to establish an effective, professional, and productive land waqf management system.
Do the Islamic Social Finance Institution Programs Realize the Sustainable Development Goals (SDGs)? Analysis of Dompet Dhuafa Program Sahroni, Abdullah; Mardiah, Siti; Litriani, Erdah
Journal of Islamic Economics and Finance Studies Vol 6 No 1 (2025): JIEFeS, June 2025
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v6i1.10988

Abstract

This research aims to analyze the role and contribution of Islamic social finance institutions in advancing the Sustainable Development Goals (SDGs) within the community of Palembang City, South Sumatra. The study is driven by the ongoing challenges of sustainable human development: particularly in the areas of education, health, and welfare for underprivileged communities, despite a recent decline in poverty and unemployment over the past three years. However, these issues still require further attention and strategic solutions. Dompet Dhuafa, as a prominent Islamic social finance institution, plays a significant role in enhancing human development outcomes in Palembang. This study employs a qualitative methodology using a phenomenological approach. Data were collected through field observations, in-depth interviews with selected informants, and document analysis. To ensure research credibility, triangulation and rich, thick descriptions were utilized. Data analysis was conducted qualitatively, supported by the Analytic Network Process (ANP) model. The impact of Dompet Dhuafa’s program on community development was measured based on targets established by Dompet Dhuafa. The findings indicate that Dompet Dhuafa contributes meaningfully by providing free healthcare services through the Layanan Kesehatan Cuma-Cuma (LKC), education scholarship for underprivileged students, and business capital asssitance to increase the income level. Funding for these programs is primarily sourced from productive waqf, supplemented by zakah and infaq contributions.

Page 10 of 10 | Total Record : 93

 6   7   8   9   10 

Filter by Year

2020 2025


Reset
Filter By Issues
All Issue Vol 6 No 1 (2025): JIEFeS, June 2025 Vol 5 No 2 (2024): JIEFeS, December 2024 Vol 5 No 1 (2024): JIEFeS, June 2024 Vol 4 No 2 (2023): JIEFeS, December 2023 Vol 4 No 1 (2023): JIEFeS, June 2023 Vol 3, No 2 (2022): JIEFeS, December 2022 Vol 3, No 1 (2022): JIEFeS, June 2022 Vol 2, No 2 (2021): JIEFeS, December 2021 Vol 2, No 1 (2021): JIEFeS, June 2021 Vol 1, No 2 (2020): JIEFeS, December 2020 Vol 1, No 1 (2020): JIEFeS, June 2020 More Issue