cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Hazas Syarif
Contact Email
hazassyarif@radenintan.ac.id
Phone
+6282323262388
Journal Mail Official
almashrof@radenintan.ac.id
Editorial Address
Fakultas Ekonomi dan Bisnis Islam Universitas Islam Negeri Raden Intan Lampung Jl. Let. H. Endro Suratmin, Sukarame Bandar Lampung telp: (0721) 703260, Kode Pos 35131
Location
Kota bandar lampung,
Lampung
INDONESIA
Al-Mashrof: Islamic Banking and Finance
Published by Universitas Islam Negeri Raden Intan Lampung
ISSN : 27747166     EISSN : 27463877     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Al-Mashrof : focused on primary studies: Islamic Finance, Islamic Banking, Islamic Accounting, Islamic Management, and halal markets, has initiated the development of global economic advantages. Islamic based economics could not be seen as independent variable standing on side-by-side with conventional economic system. Al-Mashrof Journal of Islamic Banking and Finance is dedicated to provide an intellectual space of scholarly discussion how the Islamic economics able to create the new global formation of Islamic economics, business and similar issues.
Arjuna Subject : Umum - Umum
Articles 64 Documents
 3   4   5   6   7 
The Concept of Maslahah Mursalah and Its Implementation in Sustainable Sharia Financial Literacy in the Modern Era Verawati, Heni; Zathu Restie Utamie
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 1 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/gss72253

Abstract

Maslahah Mursalah is one of the important concepts in Islamic law that focuses on the general welfare of humanity without any specific evidence governing it. This concept serves as a relevant foundation in addressing contemporary challenges, including sustainable Sharia-based financial literacy in the modern era. This article aims to examine the concept of Maslahah Mursalah, as well as its implementation in enhancing Sharia-compliant financial literacy oriented towards sustainability. Using a qualitative research method based on literature review, this article analyzes how the principles of maslahah can be applied to support financial management that is not only in accordance with Islamic law but also has a positive impact on economic, social, and environmental sustainability. The study results indicate that Maslahah Mursalah can serve as a strategic framework in promoting inclusivity and sustainability in Islamic finance. By considering universal values such as justice, balance, and utility, Sharia financial literacy based on Maslahah Mursalah can meet the needs of modern society while also supporting the achievement of Sustainable Development Goals (SDGs). This article recommends synergy between Islamic financial institutions, academics, and the government in enhancing maslahah-based financial literacy to strengthen the Islamic economic ecosystem in the modern era.   Keywords: Maslahah Mursalah, Financial Literacy, Sustainable Finance, Sharia, Modern Era.
Optimizing Sharia Finance with Big Data to Overcome the Challenges of Digitalization Dwi Indriani Fidiastutik Wijaya; Candra Pramula Pinandita; Rahma Rina Wijayanti
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 1 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/7jya1690

Abstract

This study aims to develop a conceptual understanding of how big data can be optimized to support innovation and improve transparency, accuracy, and sharia compliance in Islamic financial institutions. A qualitative approach was employed through a systematic literature review of peer-reviewed publications from 2015 to 2025. Sources were selected based on relevance, credibility, and their contribution to understanding the nexus between big data and sharia-compliant financial systems. The findings indicate that big data enables real-time compliance monitoring, improves the accuracy of financial reporting, and enhances risk prediction aligned with Islamic jurisprudence. However, significant barriers remain, including limited technological infrastructure, privacy concerns, and the need for ethical frameworks tailored to sharia law. With targeted regulatory adjustments, infrastructure development, and capacity-building, big data holds transformative potential for the sharia finance industry. This study contributes a novel conceptual framework for data-driven transformation in Islamic finance and provides actionable insights for policymakers, regulators, and industry stakeholders seeking to align technological innovation with Islamic ethical and legal standards. Keywords: Big Data, Sharia Finance, Digital Transformation, Compliance, Financial Technology
Evaluation of BSI Stock Investment Strategy Based on a Fundamental Approach Muliyani
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 1 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/jbnctx10

Abstract

This study aims to analyze the financial performance of Bank Syariah Indonesia (BSI) using a fundamental analysis approach during the 2020–2025 period. The main focus lies in evaluating financial indicators such as Earnings per Share (EPS), Return on Equity (ROE), Price to Earnings Ratio (PER), and dividend policy, and their relevance to investment decisions. The analysis reveals that BSI recorded significant growth in EPS and ROE, reflecting improved managerial efficiency and profitability following post-merger consolidation. The decline in PER up to 2022, followed by stabilization in subsequent years, indicates that the stock valuation began to reflect its actual fundamentals. On the other hand, the fluctuating dividend policy with a low Dividend Payout Ratio (DPR) suggests a corporate strategy more oriented toward long-term growth rather than immediate profit distribution. These findings support signaling theory, where financial performance and corporate policies serve as signals to investors in assessing a stock’s prospects and risks. Therefore, fundamental analysis proves to be an essential tool for investors in evaluating the viability of BSI’s stock as a prospective long-term investment instrument. Keywords: Bank Syariah Indonesia, fundamental analysis, stock valuation, signaling theory, investment decision
Millennials' Preferences for Investing in Sharia Mutual Funds on the Bibit Application Rahma Mutiara Dewi; Kurniawan, Muhammad; Mutiasari Nur Wulan
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 1 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/manh7t93

Abstract

This study aims to determine the effect of financial capability, product knowledge and religiosity on millennials' interest in investing in Islamic mutual funds in the bibit application. The type of research used is quantitative research. The population in this study is the millennial generation aged 23 to 42 years old who live in Bandar Lampung City and know the bibit application and have income, in this case the population totals 96 people. The sampling technique in this study used purposive sampling. Data collected using an online questionnaire via google form. The results showed that financial capability and religiosity had a positive and significant effect on the millennial generation's interest in investing in Islamic mutual funds in the bibit application. Meanwhile, product knowledge does not significantly affect the interest of the millennial generation in investing in Islamic mutual funds in the bibit application. Keywords: Millennial Generation, Investment Interest, Financial Capability, Product Knowledge, Religiosity
Development of The Theory of Planned Behavior with Sharia Compliance as a Moderating Variable Sikumbang, Purnama Raya; Siregar, Ibrahim; Cahyani, Utari Evy
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 1 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/m6st1644

Abstract

contributors to Indonesia’s economic growth, yet they continue to encounter significant barriers in accessing formal financial services. To address this gap, Pegadaian, a non-bank financial institution, offers Sharia KUR as an alternative financing scheme for unbankable MSMEs. This study investigates customer behavior in adopting Sharia KUR using the Theory of Planned Behavior (TPB) framework and evaluates the moderating role of Sharia compliance. Employing a quantitative survey method, data were collected from 356 respondents at Pegadaian UPC Natal Barumun, and analyzed using Structural Equation Modeling-Partial Least Square (SEM-PLS) through WarpPLS 7.0. Empirical findings reveal that attitude (β=0.545; p<0.001) and perceived behavioral control (β=0.107; p=0.021) exert positive and significant effects on intention to use Sharia KUR, whereas subjective norms (β=0.078; p=0.068) show no significant influence. Intention itself strongly predicts financing behavior (β=0.550; p<0.001). In contrast, Sharia compliance does not significantly moderate the intention–behavior relationship (β=0.071; p=0.088). These results emphasize that internal factors, particularly perceived benefits, ease of access, outweigh social pressures in shaping customer behavior. Practically, study underscores the need to strengthen Islamic financial literacy, enhance product transparency, and develop continuous education strategies to foster trust and encourage greater utilization of Sharia-based financing. Keywords: MSMEs, KUR Syariah, TPB, Shariah Compliance, Financing Behavior.
Determination of Internal Business Factors on Sales Volume: A Review of QRIS Moderation in Traditional Market Traders Budi Ihsan; Agustia Handayani; Sri Yuli Astuti; Allan Harris
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 2 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/09qpmv75

Abstract

This study aims to analyze the effect of Capital, Discounts, and Product Prices on Sales Volume with the QRIS payment system as a moderating variable in the Pringsewu Central Market. A quantitative approach was used with data collection techniques through questionnaires administered to 30 traders at Pringsewu Central Market. With the help of Smart PLS, the results of multiple regression analysis in this study show that capital, discounts, and product prices have a significant positive partial effect on sales volume. Meanwhile, the results of Moderated Regression Analysis (MRA) show that capital and product prices with the QRIS payment system as a moderating variable do not have a significant effect on sales volume. Meanwhile, the discount variable significantly affects sales volume when moderated by the QRIS payment system. Keywords: QRIS, traditional market, sales volume, business
Unlocking The Outlook Of The Halal Industry Through Islamic Financial Instruments Achmad Nur Alfianto
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 2 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/yk4r1d09

Abstract

The rapid development of the global halal industry presents a strategic opportunity to strengthen its integration with Islamic finance, as both sectors operate under shared Shariah principles. However, existing research shows a limited availability of practical frameworks that explain how such integration can be applied along the halal value chain. This study aims to formulate a conceptual model for integrating Islamic finance within halal industry operations. Using a qualitative, library-based approach, this research reviews peer-reviewed publications retrieved through academic databases using keywords related to halal industry and Islamic finance integration. The findings propose a two-dimensional integration model: (1) Shariah-compliant financing schemes - including Islamic banking, sukuk, and alternative Islamic financial instruments - and (2) operational financial services such as payroll systems, digital payments, and integrated financial management solutions. The model illustrates how Islamic financial institutions can support halal industry actors in ensuring that both funding sources and financial operations comply with Shariah requirements. The study suggests the need for policymakers to strengthen standards and audit mechanisms, encourages halal industry practitioners to adopt Islamic financial services comprehensively, and highlights the importance of product innovation among Islamic financial institutions to build an integrated halal economic ecosystem. Keywords: Halal Industry, Islamic Finance, Financing Adoption
The Contribution of Islamic Financial Institutions to the Empowerment of MSMEs in the Framework of Sustainable Development Goals Ahmad Haekal; Zal Sabila; Besse Astirah Ramda
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 2 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/fchxdv04

Abstract

Islamic financial institutions have an important role in empowering micro, small, and medium enterprises (MSMEs) to support sustainable development. In Palu City, Central Sulawesi, MSME empowerment programs have been implemented, yet their alignment with the Sustainable Development Goals (SDGs) remains limited. This study analyzes the role of Islamic financial instruments in integrating the SDGs framework into MSME empowerment. Using a qualitative approach, data were collected through interviews, observation, and documentation involving Bank Syariah Indonesia (BSI) KCP Palu Plaza and MSME actors and analyzed thematically. The results indicate that the People’s Business Credit (KUR) program effectively enhances MSME access to Sharia-compliant financing and contributes to SDG 1 (No Poverty), SDG 8 (Decent Work and Economic Growth), and SDG 9 (Industry, Innovation, and Infrastructure). However, non-financial support, such as mentoring and training, has not been optimally implemented. This study highlights the need to strengthen integrated Islamic financing and community-based capacity building to achieve sustainable MSME empowerment. Keywords: Islamic Finance, MSME Empowerment, Sustainable Development Goals (SDGs), Sharia Financing, Community Based Mentoring
Monetary Transmission on Company Value of Bank Syariah Indonesia Pratiwi, Palupi; Risyantika, Dewi; Fuadi, Fatih; Iqbal, Muhammad
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 2 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/4cbh4d39

Abstract

The study investigates how inflation, money supply, and the BI Rate influence the firm value of Bank Syariah Indonesia (BSI) after its 2021 consolidation. This study aims to examine the effect of key monetary policy variables inflation, money supply and BI Rate on the firm value of BSI. Using a quantitative approach, quarterly secondary data from 2021–2024 were collected from Bank Indonesia, Statistics Indonesia, and BSI financial reports and analyzed through multiple linear regression. The results reveal that inflation and the BI Rate significantly and negatively affect firm value, while the money supply shows no significant effect. These findings indicate that monetary tightening diminishes investor valuation of BSI, whereas liquidity expansion does not necessarily translate into higher market value. The study contributes to theory by showing that Islamic banks remain sensitive to conventional monetary policy transmission and offers insights for risk management and Islamic finance development. Keywords: Bank Syariah Indonesia, BI Rate, Inflation, Monetary Policy, Money Supply
Analysis Cash On Delivery Cost Efficiency on Shopee Sharia Based Ethical Perspective User Satisfaction Juang, Muhammad Juang Harfian; Euis Amalia; Roikhan Mochamad Aziz
Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 2 (2025): Al-Mashrof: Islamic Banking and Finance
Publisher : Universitas Islam Negeri Raden Intan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/h7twcb25

Abstract

This study examines the efficiency of Cash On Delivery (COD) handling costs and their impact on user satisfaction within Indonesia’s digital marketplace, framed within the context of Islamic fintech and sharia-based financial ethics. In Islamic financial systems, payment mechanisms are required to uphold the principles of justice, transparency, mutual consent, and social welfare. Using a quantitative approach, data were collected from 210 Shopee users and analyzed through Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings reveal a significant negative relationship between COD handling costs and user satisfaction, indicating that higher and less transparent costs reduce perceived value and consumer trust. These results highlight that cost efficiency grounded in sharia ethical principles is essential for strengthening consumer protection and sustaining the credibility of Islamic fintech ecosystems.   Keywords: Cash On Delivery Efficiency, Handling Cost Analysis, User Satisfaction, Consumer Trust, Ethical Business Values

Page 6 of 7 | Total Record : 64

 3   4   5   6   7 

Filter by Year

2020 2026


Reset
Filter By Issues
All Issue Vol. 7 No. 1 (2026): Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 2 (2025): Al-Mashrof: Islamic Banking and Finance Vol. 6 No. 1 (2025): Al-Mashrof: Islamic Banking and Finance Vol. 5 No. 2 (2024): Al-Mashrof: Islamic Banking and Finance Vol. 5 No. 1 (2024): Al-Mashrof: Islamic Banking and Finance Vol. 4 No. 2 (2023): Al-Mashrof: Islamic Banking and Finance Vol. 4 No. 1 (2023): Al-Mashrof: Islamic Banking and Finance Vol. 3 No. 2 (2022): Al - Mashrof: Islamic Banking and Finance Vol. 3 No. 1 (2022): Al - Mashrof: Islamic Banking and Finance Vol. 2 No. 2 (2021): Al - Mashrof: Islamic Banking and Finance Vol. 2 No. 1 (2021): Al - Mashrof: Islamic Banking and Finance Vol. 1 No. 2 (2020): Al - Mashrof: Islamic Banking and Finance More Issue