cover
Contact Name
Abd. Karman
Contact Email
abdul.karman@iainfmpapua.ac.id
Phone
+6282300000605
Journal Mail Official
oikonomika.jurnal@gmail.com
Editorial Address
Faculty of Islamic Economics and Business, Lecturer's New Building, 2nd Floor. Jl. Merah Putih, Buper, Waena, Distrik Heram, Kota Jayapura, Papua.
Location
Kota jayapura,
P a p u a
INDONESIA
Oikonomika: Jurnal Kajian Ekonomi dan Keuangan Syariah
ISSN : -     EISSN : 27225526     DOI : https://doi.org/10.53491/oikonomika
Core Subject : Economy,
Aim The Journal is dedicated to building a platform for academicians, researchers, authors, and those who interested in Islamic economics and finance studies to share, discuss, evaluate, and distribute their work and opinions. Scope This journal focuses on Islamic economics and Islamic finance studies, research, and current issues. All papers are peer-reviewed by at least two reviewers. The Scope of OIKONOMIKA: Jurnal Kajian Ekonomi dan Keuangan Syariah is related to as follow but not limited to: Islamic Economics Islamic Microeconomics Islamic Macroeconomics Management and Islamic Business Islamic Finance Islamic Investation Halal Industry Development of Economic International Economics
Articles 63 Documents
Inklusi Keuangan Melalui Pembiayaan Syariah Dukung Percepatan Pembangunan Berkelanjutan (Studi Kasus pada PT. Sarana Multi Infrastruktur) Lisa Yuni Lestari; M. Nanang Febrianto; Qomarul Huda
OIKONOMIKA : Jurnal Kajian Ekonomi dan Keuangan Syariah Vol. 6 No. 2 (2025): OIKONOMIKA: Jurnal Kajian Ekonomi dan Keuangan Syariah
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, IAIN Fattahul Muluk Papua

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/oikonomika.v6i2.1831

Abstract

Development without considering environmental impacts threatens ecosystem sustainability. Islamic financial institutions become a catalyst for financing environmentally friendly projects. The purpose of this study is to identify financial inclusion through Islamic financing to accelerate sustainable development. Qualitative research with literature review, library data sources from books, journals, PT SMI internal reports, and relevant sources was conducted with content analysis. The findings of PT SMI as a financing catalyst with the main allocation of transition and renewable energy, waste management, mini-hydro electricity, and infrastructure projects, and multiplier effects have a social impact on job creation and poverty alleviation. The potential for Islamic financing of PT SMI is growing along with the increase in environmentally-based projects, regulations, support from national and international Islamic banks, and awareness of safe-haven assets. Islamic financing of PT SMI is effective in promoting sustainable development in Indonesia, supported by innovation, literacy, project risk mitigation management, human resource quality, and investor interest. The implications of this study are that Islamic financing of PT SMI plays a strategic role in impacting social, economic, and environmental aspects to strengthen the achievement of SDGs in Indonesia. Therefore, it is necessary to optimize and map funding allocation by prioritizing social and environmental projects that are in line with Islamic principles, SDGs achievements, and green taxonomy.
PEMBIAYAAN SYARIAH DALAM MENDUKUNG PERDAGANGAN GLOBAL: KAJIAN PRINSIP SYARIAH DAN REGULASI INTERNASIONAL Johan Dwi Sutikno; Hania Nuril Aida Rochmah; Rokhmat Subagiyo; Muhammad Aswad; Qomarul Huda
OIKONOMIKA : Jurnal Kajian Ekonomi dan Keuangan Syariah Vol. 6 No. 2 (2025): OIKONOMIKA: Jurnal Kajian Ekonomi dan Keuangan Syariah
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, IAIN Fattahul Muluk Papua

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/oikonomika.v6i2.1770

Abstract

This study explores the role of letters of credit in supporting global halal trade and how they are regulated in international markets, focusing on halal product exports and the factors that influence them in the context of global economic uncertainty. This article aims to analyze how global economic uncertainty can affect the continuity of halal product exports and imports and how L/C contributes to reducing financial risks and strengthening the competitiveness of the halal industry in the international market. This study uses a qualitative approach based on previous research obtained from the Publish or Perish and Google Scholar databases between 2020 and 2025, resulting in 19 relevant articles that were analyzed using a narrative review approach. Furthermore, this has led to a finding that shows that the potential of the global halal industry market has increased significantly, mainly driven by the number of Muslims worldwide, as well as halal lifestyle behaviors and halal awareness, which are also key factors. Then, companies that openly engage in the export and import of halal products using sharia L/C financing are not yet widely found. Furthermore, from a sharia perspective, the application of letters of credit refers to the DSN-MUI fatwa on Sharia Import L/C. The findings of this study are expected to provide insights for business actors and regulators in optimizing the use of L/C as a financial instrument that supports halal trade in accordance with sharia principles and international regulations.
ANALISIS PERSEPSI MANAJEMEN KSPPS TERHADAP KEMUNGKINAN PENERAPAN PROFIT EQUALIZATION RESERVE BERSARKAN FATWA DSN-MUI Abdul Muis; M. Nasyah Agus Saputra; Moh. Ya’qub
OIKONOMIKA : Jurnal Kajian Ekonomi dan Keuangan Syariah Vol. 7 No. 1 (2026): OIKONOMIKA: Jurnal Kajian Ekonomi dan Keuangan Syariah
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, IAIN Fattahul Muluk Papua

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/oikonomika.v7i1.2078

Abstract

Fluctuations in profit-sharing rates on mudharabah-based term deposit products may result in unstable returns and increase the risk of displaced commercial risk in Islamic financial institutions. One mechanism designed to stabilize profit distribution is the Profit Equalization Reserve (PER), as stipulated in the DSN-MUI Fatwa No. 87/DSN-MUI/XII/2012. However, the implementation of PER in Indonesian Islamic cooperatives remains limited. This study aims to analyze the management's perception of the potential implementation of PER in the term deposit products of KSPPS Mitra Usaha Ideal Sidayu and to examine its compliance with DSN-MUI Fatwa No. 87/DSN-MUI/XII/2012. A qualitative approach with a case study design was employed. Data were collected through semi-structured interviews, observations, and documentation involving cooperative board members, the head of finance, the head of marketing, and relevant staff. Data were analyzed using the interactive model of Miles, Huberman, and Saldaña through data reduction, data display, and conclusion drawing. The findings indicate that KSPPS Mitra Usaha Ideal Sidayu has not implemented PER due to the absence of adequate internal policies, operational procedures, and governance mechanisms. The study further reveals that the principal obstacle to PER implementation is not Sharia compliance but institutional readiness. Nevertheless, management perceives PER as an effective instrument for stabilizing profit-sharing rates, strengthening members' trust, and enhancing the cooperative's competitiveness. Furthermore, members' loyalty is influenced more by service quality and institutional trust than by fluctuations in profit-sharing rates. Therefore, strengthening internal regulations, governance, and operational systems is a fundamental prerequisite for the successful implementation of PER in Islamic cooperatives.