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Rusyda Afifah Ahmad
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INDONESIA
Journal of Islamic Economics and Philanthropy
Published by Universitas Darussalam Gontor
ISSN : -     EISSN : 2655335X     DOI : https://doi.org/10.21111/jiep
Core Subject : Religion, Economy, Humanities,
Religion Humanities Economics, Econometrics & Finance
This Journal focus and scope on: Islamic Economics Islamic Philanthropy Islamic Business Islamic Finance Islamic Worldview on Economics
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 5 Documents
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Search results for , issue "Vol. 7 No. 4 (2025): May" : 5 Documents clear
Comparison of Efficiency Principles for Welfare in Islamic and Socialist Economic Systems Putri, Ega Seliyan; Aini, Alfithisnain Nur; Tsabitah, Nasywa Shafa; Putra, Budi Jaya
Journal of Islamic Economics and Philanthropy Vol. 7 No. 4 (2025): May
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jiep.v7i4.12575

Abstract

The economic theory that aspires to is an economic system that is able to create justice and common prosperity, accompanied by the concept of the blessings of the world and the hereafter. This is the theory of Islamic economics that will bring justice and comprehensive prosperity. Islamic economics is considered a solution to overcome contemporary economic problems. The source of thought of the Islamic economic system is the Islamic creed and ideology which is based on the Qur'an and as-Sunnah. With this foundation, Islamic economics is distinctive, unique and different from socialist or communist economic systems. The Islamic economic system is an independent economic system and is independent of other economic systems. What distinguishes the Islamic economic system from other economic systems is that the principles of Islamic economics in the application of the principle of efficiency still maintain the preservation of the natural environment. The economic motive of Islam is to seek luck in this world and in the hereafter like the caliph with the way of worship in a broad sense. Islam recognizes the welfare of individuals and the social welfare of society that complement each other, not compete and contradict each other.
Islamic Philanthropy and the Qur’anic Approach to Scarcity: Wealth Redistribution as a Solution Muhammad Faizul, Naqibah
Journal of Islamic Economics and Philanthropy Vol. 7 No. 4 (2025): May
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jiep.v7i4.13209

Abstract

This study examines the problem of scarcity as understood in conventional economics and compare it with its understanding in Islamic economics. In addition, explore how Islamic Philanthropy become the ultimate weapon in mending many conventional economic problems including scarcity. To accomplish these objectives, a qualitative methodology, including doctrinal library research and comparative analysis, was employed to examine both frameworks. The findings reveal that Islamic economics recognised only relative scarcity, emphasizing resource sufficiency and moral responsibility. In addition, Islamic philanthropy has demonstrated its effectiveness in resolving many conventional economic issues, shedding light on its potential for promoting economic justice and social welfare.
Prinsip Bisnis Qur’ani dalam Jual Beli: Tinjauan Tafsir al-Munir QS Al-Baqarah dan Al-Mutaffifin: Qur'anic Business Principles in Trade: A Study of al-Munir's Interpretation of Surah Al-Baqarah and Al-Mutaffifin Maulana, Achmad Ilham; Safitri, Nurul Ani
Journal of Islamic Economics and Philanthropy Vol. 7 No. 4 (2025): May
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jiep.v7i4.13545

Abstract

This study aims to explore Qur'anic business principles in the context of trade, as reflected in Surah Al-Baqarah and Surah Al-Mutaffifin, using a thematic interpretation approach based on Tafsir al-Munir by Wahbah al-Zuhaili. The main focus is to identify ethical values in Islamic business derived from these two chapters, particularly regarding fairness in transactions and the prohibition of fraudulent practices. This research employs a qualitative method with thematic analysis of relevant verses and their interpretation. The findings reveal key principles emphasized in the Qur'an, including justice, the prohibition of usury and deceit, mutual consent in agreements, and ethical conduct in business such as honesty and trustworthiness. Surah Al-Baqarah highlights justice and the prohibition of riba in financial dealings, while Surah Al-Mutaffifin strongly condemns cheating in measurements and weights. These insights affirm the relevance of Qur'anic principles in shaping a just, transparent, and socially responsible business system.
A Collaborative Model for Funding Indonesia’s MBG Program Through Government and Philanthropy Partnerships Koswara, Asep; Herlina, Lina
Journal of Islamic Economics and Philanthropy Vol. 7 No. 4 (2025): May
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jiep.v7i4.13960

Abstract

Indonesia’s Makan Bergizi Gratis (MBG) program faces significant funding constraints, making its long-term sustainability uncertain. Given the limitations of government financing, this study explores a collaborative funding model that integrates public, philanthropic, and private sector contributions. Using a literature review and case study analysis, the research examines funding mechanisms from successful international programs and assesses their applicability to Indonesia. Findings highlight effective public-philanthropy partnerships in countries such as Brazil, India, and the UK. Brazil’s Fome Zero program successfully reduced hunger through strong government commitment and private sector engagement. India’s Akshaya Patra Foundation scaled its school meal initiative by leveraging corporate social responsibility (CSR) funding, while the UK’s Magic Breakfast demonstrated how philanthropy can complement government efforts in ensuring food security for students. These cases illustrate how multi-sectoral collaboration enhances financial stability, operational efficiency, and program reach. This study provides practical recommendations for policymakers and philanthropic organizations to optimize financial contributions and governance structures. By fostering strong multi-sectoral collaboration, this model can serve as a replicable framework for other large-scale social programs.
Cash Waqf Linked Deposits: Maqashid Al-Syariah Perspective Arbaien, Muhamad Fasya Nur; Nurkaromah, Silvia Ripa
Journal of Islamic Economics and Philanthropy Vol. 7 No. 4 (2025): May
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jiep.v7i4.14153

Abstract

Cash Waqf Linked Deposits can be a sustainable investment instrument proposed by Islam to help maintain the ratio of public expenditure by, for, and of the people without involving interest rates. It is hoped that with the legalization of CWLD, the distribution of benefits of cash waqf will be more comprehensive and based on justice, not just limited to certain parties. CWLD contracts, on the other hand, need to be reviewed for their alignment with the public good from the Maqashid al-Syariah perspective. This research uses a descriptive method with a qualitative approach. The data analysis was conducted using three main steps: data reduction, data display, and data verification. The result of this research confirms that the CWLD scheme is in accordance with Maqashid Al-Syariah. The objectives of Muhafaẓah al-Din, Muhafaẓah al-Nafs, Muhafaẓah al-'Aql, Muhafazah al-Maal, and Muhafazah al-Nasl are interconnected in the CWLD scheme offered. The implication of this research is that cash waqf investment managers are expected to follow the procedures set by the Sharia Supervisory Board, as well as transparency in fund management and education about the benefits of digital payments are also important to build waqif loyalty.

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