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Contact Name
Husna Ni'matul Ulya
Contact Email
husna@iainponorogo.ac.id
Phone
+6285735193877
Journal Mail Official
joie@iainponorogo.ac.id
Editorial Address
Rumah Jurnal FEBI Fakultas Ekonomi dan BIsnis Islam Institut Agama Islam Negeri Ponorogo Jalan Puspita Jaya, Desa Pintu, Jenangan, Kampus II Fakultas Ekonomi dan Bisnis Islam IAIN Ponorogo, Ponorogo, Jawa Timur
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INDONESIA
Journal of Islamic Economics
ISSN : 28077377     EISSN : 28077091     DOI : https://doi.org/10.21154/joie
Journal of Journal of Islamic Economics (JoIE) is open access, peer-reviewed journal whose objectives is to publish original research papers related to the Indonesian and international economy, economics policies and business issues. This journal is also dedicated to disseminating the published articles freely for international academicians, researchers, practitioners, regulators, and public societies. The journal welcomes author from any institutional backgrounds and accepts rigorous empirical research papers with any methods or approach that is relevant to the Indonesian economy and business context or content, as long as the research fits one of four salient disciplines: economics, business, management, or accounting, whether in Islamic or conventional perspective. The JoIE is nationally accredited by the Directorate General for Research Strengthening and Development, the Ministry of Research and Technology for Higher Education, Republic of Indonesia (Decree No. 30/E/KPT/2018).
Articles 7 Documents
Search results for , issue "Vol. 5 No. 1 (2025)" : 7 Documents clear
Drivers of Intentions Toward Integrated Islamic Commercial and Social Finance: Evidence from Indonesian Muslim Millennials Safira, Zahra; Priantina, Anita; Nurhanani Aflizan Mohamad Rusli
Journal of Islamic Economics (JoIE) Vol. 5 No. 1 (2025)
Publisher : Prodi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joie.v5i1.10221

Abstract

Introduction: Islamic financial concept enables an integration between commercial and social finance. It has a substantial benefit for the economy. This study aims to investigate the factors that influence Muslim millenials intention to contribute toward integrated Islamic commercial and social finance (IICSF), especially in Indonesia case. Research Methods: Using modified TPB framework, primary data is collected from respondents located in Jakarta, Bogor, Depok, Tangerang, and Bekasi. Partial Least Square-Structured Equation Modelling (PLS-SEM) is utilized to analyze the data. Results: The result indicates that knowledge, religiosity, attitude, subjective norms, and perceived behavioral control have significant impact on Muslim millennials’ intention to contribute toward IICSF. Meanwhile, relative advantage is found to be insignificant. Conclusion: To boost the practice and implementation of IICSF, it is important to raise public knowledge, religiosity, attitude, and to increase education so society are well educated about the products. This study contributes to the limited research on integrated Islamic finance from a consumer perspective, particularly focusing on the behavioral intentions of Muslim millennials in Indonesia.
Analisis Halal Value Chain dalam Mencapai Produk Halal Berkesinambungan pada UMKM di Kota Madiun Rulita Nur Mufatikhah; Estu Unggul Drajat; Adamu Abubakar Muhammad
Journal of Islamic Economics (JoIE) Vol. 5 No. 1 (2025)
Publisher : Prodi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joie.v5i1.10289

Abstract

Introduction: This study examines the importance of analyzing the halal value chain to ensure the halal assurance of every business activity to achieve sustainable halal products. MSMEs actors should apply halal principles throughout the value chain, but some MSMEs actors still have obstacles in applying halal principles to several product value chains. Research Methods: This research uses descriptive qualitative research with data collection techniques in the form of observation, interviews, and documentation. Results: The results show that MSMEs have weaknesses in halal exit logistics and written procedures on halal product production despite strong support from the government in education, licensing, and marketing. Conclusion: For science, the results of the study play a role in enriching the theoretical knowledge of the halal value chain as a means of halal literacy. In the practical setting, a deep understanding of halal principles is a reference in strengthening the halal value chain as well as for all parties involved, namely MSMEs, suppliers, logistics service providers, government, and educators. In addition, these findings will provide an evaluation for related parties so that the implementation of the halal value chain is getting better, so that it can help encourage sustainable growth for MSMEs and advance the global halal industry.
The Role of Financial Literacy and Attitudes in Student Financial Management: Exploring Peer Influence as a Moderating Variable Siti Komariah; Ely Masykuroh; Berlianto Haris
Journal of Islamic Economics (JoIE) Vol. 5 No. 1 (2025)
Publisher : Prodi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joie.v5i1.10309

Abstract

Introduction: This study examines the influence of financial literacy and attitudes on the financial management of FEBI IAIN Ponorogo students, with peers evaluated as a potential moderating factor. Amid increasing financial challenges in the digital era, understanding how peers influence students' financial behavior fills an important research gap. Research Methods: The research method was quantitative. The sample used was 100 respondents, obtained using the Slovin formula with a population of 2,684. The data collection technique was the use of questionnaires. Results: Financial literacy has a positive effect on financial management. Financial attitudes have a positive effect on financial management. Peers do not moderate the relationship between financial literacy and financial management. Peers cannot strengthen or weaken the relationship between financial literacy and financial management. Peers cannot strengthen or weaken the relationship between financial literacy and financial management. Conclusion: The findings highlight the importance of fostering financial literacy and positive attitudes among students, emphasizing the limited role of peers in shaping financial management behaviors.
Exchange Rates, Inflation, and GDP in Indonesia: A New Perspective on Islamic Mutual Funds as an Intervening Factor Mirza Sabrina, Widya; Maulida Nurhidayati; Raisha Salisa Ahmad
Journal of Islamic Economics (JoIE) Vol. 5 No. 1 (2025)
Publisher : Prodi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joie.v5i1.10344

Abstract

Introduction: Gross domestic product (GDP) is an indicator used to determine the country's economic situation shown in a certain period. The success of a country's economic growth can be seen from the country's GDP level. Research Methods: This research aims to test and analyze the influence of exchange rates and inflation on GDP in Indonesia through the mediation of Islamic mutual funds. This research uses quantitative methods using time series data, namely quarterly data for 2016-2023. Results: The results shows that the exchange rate has a positive and significant effect on GDP, inflation and Islamic mutual funds have a positive and insignificant effect on GDP, the exchange rate has a positive and significant effect on Islamic mutual funds, inflation has a negative and significant effect on Islamic mutual funds, and although mutual funds have the potential to increase GDP through investment, exchange rate depreciation and high inflation will still have a negative impact on the economy as a whole. Conclusion: Exchange rates and inflation play a crucial role in driving economic growth and the development of Islamic mutual funds. The government needs to maintain exchange rate stability through monetary and fiscal policies, as well as implement inflation control measures to preserve the public's purchasing power and investment interest.
The Role of Ikhlas in The BDI Model: Enhancing Green Agriculture Practices Among Rural Communities Riska; Syaparuddin Razak; Ismail Keri
Journal of Islamic Economics (JoIE) Vol. 5 No. 1 (2025)
Publisher : Prodi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joie.v5i1.10515

Abstract

Introduction: This study aims to examine the importance of ikhlas (sincerity) in the BDI (Belief, Desire, Intention) decision-making model for green agriculture development among rural people in Palakka District. Green agricultural techniques, including the use of organic practices, water-saving management, and biodiversity conservation, are significant in maintaining environmental health. Research Methods: An integrative approach with quantitative methods combined with an Islamic economic perspective was used in this study. Data were collected through a questionnaire survey completed by 152 respondents from rural communities with experience or potential in green agriculture. The data were then analyzed using Structural Equation Modeling (SEM) techniques. Results: The results show that ikhlas, desire, and belief significantly influence intention and decision to implement green agriculture, with intention acting as a mediator of this relationship. Conclusion: In conclusion, the study indicates that the addition of the value of ikhlas alongside belief and desire can increase the intention and decision of rural communities to implement green agriculture. The inference in practice is that policies that incorporate spiritual values within green agricultural development can encourage active community participation. Findings contribute to the formulation of policies for sustainable agriculture, with a focus on prioritizing spiritual values toward sustainable environment.
Revealing Cost Accounting Practices Based on Local Wisdom Values by Travelers: An Islamic Ethnomethodology Study Thalib, Mohamad Anwar; Roni Mohamad; Abdullah Ziarmal
Journal of Islamic Economics (JoIE) Vol. 5 No. 1 (2025)
Publisher : Prodi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joie.v5i1.10524

Abstract

Introduction: This study explores cost accounting practices based on local wisdom values among travelers from Gorontalo who undertake pilgrimages to Mecca by bicycle. It highlights how financial management in this context is not merely technical but deeply intertwined with cultural and religious values, especially when resources are limited. Research Methods: The study adopts an Islamic paradigm and employs an Islamic ethnomethodology approach. It follows a qualitative method using five stages of analysis: charity, knowledge, faith, revelation-based information, and courtesy, enabling a holistic understanding of financial behavior. Results: The findings show that travelers plan their expenses simply, covering essentials such as food, equipment, and charitable donations. Their cost accounting practices reflect the concept of barakah (blessings), rooted in Islamic teachings and local wisdom. This is exemplified by the Gorontalo expression eya dila pito-pito’o, meaning “Allah does not close His eyes.” Conclusion: Cost accounting practices among these travelers go beyond financial calculations; they are embedded in faith, ethics, and culture. This study suggests that accounting can be viewed as a spiritual and moral practice that fosters trust, sustainability, and a sense of divine connection.
Fintech dan Literasi Keuangan Syariah di Kalangan Mahasiswa: Peran Modal Sosial Islam dalam Mempromosikan Inklusi Keuangan Islam Amalia, Bella
Journal of Islamic Economics (JoIE) Vol. 5 No. 1 (2025)
Publisher : Prodi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/joie.v5i1.10553

Abstract

Introduction: This study examines the influence of Islamic financial literacy and financial technology on Islamic financial inclusion, with Islamic social capital as a mediating variable a novel approach rarely explored. Despite the rapid growth of the Islamic finance industry, literacy and inclusion remain low, particularly among the youth. By focusing on Islamic economics students at the University of Jember, this research offers contextual insights and highlights its novelty by integrating cognitive, technological, and Islamic social value dimensions to support digital-based financial inclusion. Research Methods: Using a quantitative, explanatory approach, the research focuses on 378 students selected via purposive sampling. Primary data was collected and analyzed using Variance-based SEM (Partial Least Square) with WarpPLS 8.0. Results: The findings reveal that Islamic financial literacy and financial technology both significantly influence Islamic social capital, each with a significance value of <0.001. Moreover, both Islamic financial literacy and financial technology significantly affect Islamic financial inclusion, directly and through Islamic social capital, with all significance values being <0.001. The Islamic social capital itself has a significant positive effect on Islamic financial inclusion. Conclusion: The coefficient of determination (R²) for the model stands at 52% and 74%, indicating a strong explanatory power for the variations in Islamic social capital and financial inclusion among the students.

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