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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 87 Documents
Pesantren Teachers’ Meaning of Loss Based on Mopo’o Tanggalo Duhelo Values: A Transcendental Phenomenology Mohamad Anwar Thalib; Nurhayati Ntuka; Rifdayanti Paungan; Rohalia R Tuna
Journal of Islamic Economics (JoIE) Vol. 6 No. 1 (2026)
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.v6i1.12536

Abstract

Introduction: This study originates from the issue that loss theory in Islamic boarding school accounting is predominantly understood in material terms, neglecting cultural and spiritual dimensions embedded in local Gorontalo values. Understanding how teachers in pesantren interpret loss is important because these meanings reflect a unique integration of religiosity and local wisdom. The topic is interesting as it reveals how accounting practices extend beyond financial measures into cultural and transcendental domains. Research Methods: This research employs an interpretive paradigm using a transcendental phenomenological approach. Data were collected through in-depth interviews and observations, and analyzed through five stages: noema, epoche, noesis, intentional analysis, and eidetic reduction. Results: The findings reveal four meanings of loss: (1) material shortage, (2) lack of gratitude, (3) students’ lack of seriousness in learning, and (4) failure to practice knowledge. These meanings reflect the local cultural value of Mopo’o tanggalo duhelo (endurance and patience). Conclusion: Losses in pesantren are not merely financial but also spiritual and cultural. Practically, this study provides a reference for pesantren to manage loss values based on religiosity and local culture. Theoretically, it extends loss accounting by incorporating cultural and transcendental dimensions.
Integration of Islamic Marketing and Halal Business: A Systematic Review of Trends, Challenges, and Value Frameworks Warto Warto
Journal of Islamic Economics (JoIE) Vol. 6 No. 1 (2026)
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.v6i1.12784

Abstract

Introduction: The growth of the global halal industry requires a holistic integration between operational halal compliance and the ethical principles of Islamic Marketing to ensure product integrity, particularly in Indonesia as the world’s largest Muslim market. This study analyzes the conceptual synergy and the implementation of this integration. Research Method: We employed a Systematic Literature Review (SLR) using an adapted PRISMA protocol. Studies from Scopus and Sinta 1–3 (2017–2025) were analyzed thematically and narratively to synthesize the findings. Results: Effective integration is achieved through the Muslim Customer Perceived Value (MCPV) Halal framework, in which spiritual and ethical value dimensions (such as employee behavior and the shopping environment) enhance consumer trust and purchase intention beyond the fulfillment of legal certification requirements. Structural challenges include weaknesses in supply chain traceability and fragmented standards amid rapid digitalization. Conclusion: The integration of Halal Business and Islamic Marketing is essential for sustainable competitiveness. Required strategies include harmonizing global standards, advancing technological innovation for value chain transparency, and strengthening halal literacy.
The Influence Of Banking Performance With The Islamicity Performance Index Approach On Return On Asset At Islamic Commercial Banks In Indonesia In 2014-2023 Romi Tri Agung Saputra
Journal of Islamic Economics (JoIE) Vol. 6 No. 1 (2026)
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.v6i1.11693

Abstract

Introduction: Islamic bank have a role as financial internediaries whose operational activities must be in accordance with sharia principles. In order for the operations of Islamic bank to run well, a performance evaluation is needed that is not only from the financial side which is wordly, but also the ukhrawi because the goal of sharia is to achive falah, namely wordly and hereafter welfare. This study aims to analyze the effect of the Islamic Commercial Banks on Return On Asset in Indonesia in 2014-2023. Research Methods: This research method is quantitative using panel data regression analysis with secondary data. Results: The result of the study show that the independent variables profit sharing ratio, equitable distribution ratio, and director employee welfare ratio have a significant positive effect on return on asset. While the zakat performance ratio has a positive but insignificant effect on ROA and Islamic income vs non Islamic income ratio has a negative but insignificant effect on ROA. Conclusion: If PSR, EDR, and DEWR increase, it will increase the profits of Islamic commercial banks, while ZPR and I.INC do not have a significant effect on the rise and fall of Islamic commercial bank profits.
The Influence of Digital Promotion, Product Quality and Product Halal Commitment on Marketing Performance of Meatball Small and Medium Enterprises (SMEs) in Bantul Regency Annisa Akmala Dewi; Febrian Wahyu Wibowo; Baiq Ismiati; Al Haq Kamal
Journal of Islamic Economics (JoIE) Vol. 6 No. 1 (2026)
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.v6i1.11713

Abstract

Introduction: Small and Medium Enterprises (SMEs) play a vital role in the Indonesian economy, particularly in Bantul Regency, which holds significant potential in the food processing sector, including meatballs. However, intense competition requires effective marketing strategies to improve marketing performance. This study aims to determine the effect of digital promotion, product quality, and Halal Product Commitment on the marketing performance of meatball SMEs in Bantul Regency. Research Methods: This study employed quantitative research methods. A sample of 80 respondents was selected using a probability sampling method with a proportional stratified random sampling technique. Data collection used a questionnaire processed with SPPS 22, and data analysis used multiple linear regression. Results: The results show that digital promotion, product quality, and Halal Product Commitment collectively have a significant effect on marketing performance, with a significance value of <0.05. Conclusion: By optimizing digital promotion, maintaining product quality, and ensuring halal product compliance, meatball SMEs in Bantul Regency can significantly improve marketing performance and achieve sustainable business growth.
Liquidity Risk Management Strategies in Optimizing Cash Waqf Mobilization and Utilization Ghazy Triyatno; Meldona; Nanik Wahyuni
Journal of Islamic Economics (JoIE) Vol. 6 No. 1 (2026)
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.v6i1.13141

Abstract

This study aims to identify liquidity risks in the management of cash waqf and formulate effective risk management strategies to optimize the mobilization and utilization of waqf funds within the framework of Islamic wealth management. Using a Systematic Literature Review (SLR) method supported by the Parsif.al tool, this research analyzed 131 peer-reviewed articles published between 2016 and 2025 from the Semantic Scholar database. The PICO framework and a rigorous quality assessment process guided the analysis. The findings reveal that liquidity risks in cash waqf management stem from mismatches between short-term obligations and long-term investments, volatility in cash inflows, and the absence of liquidity reserves. To mitigate these risks, waqf institutions have adopted strategies such as investment diversification, establishing liquidity buffers, scheduling benefit disbursements, and applying principles of good governance. The effectiveness of these strategies is influenced by structural issues, including the lack of unified national regulation, weak transparency, and limited managerial capacity among nazhir (waqf managers). As policy recommendations, the study advocates for strengthening national regulatory frameworks, implementing minimum liquidity ratios, digitalizing reporting systems, and professionalizing waqf managers. These measures are expected to foster a more sustainable, productive, and resilient cash waqf ecosystem capable of addressing contemporary socio-economic challenges.
The Influence of Brand Awareness, Product Quality, Product Price, and Halal Awareness on Purchase Decisions on Shopee E-Commerce: An Analysis Based on Islamic Consumption Theory Diaz Faishal Azhari
Journal of Islamic Economics (JoIE) Vol. 6 No. 1 (2026)
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.v6i1.13143

Abstract

Introduction: The rapid growth of e-commerce in Indonesia has intensified competition among online marketplaces, requiring platforms to better understand factors influencing consumers' purchasing decisions. This study aims to examine the effects of brand awareness, product quality, product price, and halal awareness on purchasing decisions among Shopee users from the perspective of Islamic Consumption Theory. Method: A quantitative approach was employed using a survey of 96 Shopee users selected through quota sampling. Data were analyzed using descriptive statistics, validity and reliability tests, multiple linear regression, t-tests, F-tests, and the coefficient of determination (R²) with SPSS 26. Results: The findings reveal that brand awareness (t = 3.721; p < 0.001), product quality (t = 4.698; p < 0.001), and product price (t = 3.521; p = 0.001) have significant positive effects on purchasing decisions. In contrast, halal awareness does not significantly influence purchasing decisions (t = 0.946; p = 0.347). Simultaneously, all independent variables significantly affect purchasing decisions (F = 419.418; p < 0.001). The model explains 94.9% of the variance in purchasing decisions (Adjusted R² = 0.946). Conclusion: These findings suggest that functional and marketing-related factors remain the primary determinants of purchasing decisions on Shopee, while halal awareness plays a complementary role. The study contributes to consumer behaviour literature by integrating Islamic Consumption Theory into the analysis of e-commerce purchasing behaviour.
Customer Behaviour on Pawn Broking within Islamic Financial Institution: A study on Amana Bank PLC Abi Huraira Rifas; M.M. Zahir Ahamed
Journal of Islamic Economics (JoIE) Vol. 6 No. 1 (2026)
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.v6i1.13241

Abstract

Introduction: Pawning system, as guaranteeing mechanism for the loan amount given, operated in financial institutions provides a pivotal role in financing to the deficit people in financial ability. This study investigates customer behaviour toward Islamic pawning services (called in Arabic; Ar-Rahn) in Amana Bank PLC located in Sammanthurai area. The study aims to analyse customer behaviour patterns in fully-fledged Islamic financial institution. Research Methods: This study employed a deductive quantitative approach using a structured questionnaire survey. The measurement model consisted of four independent variables: product attributes, service quality, customer knowledge, and Islamic bank image. A total of 259 questionnaires were distributed randomly to customers of Amana Bank PLC in the Sammanthurai area, of which 250 valid responses were used for data analysis. Descriptive statistics, correlation analysis, and multiple regression analysis were performed using SPSS software. Results: Findings revealed that Amana Bank PLC scored higher in all variables, particularly product attributes and Islamic bank’s image significantly influenced customer behaviour while Amana Bank PLC demonstrated stronger service delivery and customer trust. Conclusion: The results emphasize the importance of strong product knowledge, and institutional transparency in influencing customer decisions. The study recommends enhanced awareness programs and marketing strategies to promote Islamic pawning services. Future research could explore broader institutional comparisons and include additional demographic and behavioural variables for deeper insights.