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Opik Rozikin
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Al-Muamalat : Jurnal Ekonomi Syariah
Published by Universitas Islam Negeri Sunan Gunung Djati Bandung
ISSN : 20863225     EISSN : 27160610     DOI : 10.15575/am
Core Subject : Economy, Humanities, Social,
Humanities Economics, Econometrics & Finance Social Sciences
Al-Muamalat: Jurnal Ekonomi Syariah is a journal that focuses on the development of Islamic Economics. The journal comprehensively examines various aspects of current and emerging laws and economics relevant to the field. The journal board welcomes articles from scholars, professionals, researchers, and students as a collective effort toward the advancement of Islamic economics, submitted manuscripts will be published and disseminated. The journal releases new issues twice annually, in January and July. Al-Muamalat: Jurnal Ekonomi Syariah focuses on the main issues in the development of Islamic Economics, covering conceptual ideas and research findings related to the following areas: 1. Islamic Economics Law 2. Islamic Banking and Finance 3. Islamic Business 4. Islamic Law 5. Islamic Marketing 6. Islamic Philanthropy 7. Islamic Human Capital 8. Halal Supply Chain Management 9. Halal Industry 10. Other Topics Related to Islamic Economics
Arjuna Subject : Ilmu Sosial - Ilmu Sosial (Lain-Lain)
Articles 228 Documents
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Recovery of Wakaf Assets Post Natural Disasters according to Islamic Law and Positive Law Sulistiani, Siska Lis; Nurrachmi, Intan; Fawzi, Ramdan
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 11 No. 2 (2024): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v11i2.35017

Abstract

This study aims to ascertain and evaluate the processes followed by national and Islamic law to recover waqf assets following a calamity. The 1945 Constitution, Law No. 41 of 2004 on Waqf, and other regulations are among the key legal data sources used in this qualitative study employing a normative juridical method from the viewpoint of Islamic law, which is derived from the Quran, the Hadith, and the views of relevant scholars. Periodicals and other pertinent articles are examples of secondary legal sources. Next, using descriptive analytic techniques, the data was gathered through library research and examined to determine the synchronization stage and compliance with legal norms and principles. The study's findings demonstrate that waqf assets—such as damaged land and buildings—can be recovered. In Islamic law, as long as there is no proof of someone's ownership, the assets return to the state. This is almost the same as positive law in Indonesia, namely if the affected waqf assets are destroyed or damaged and previously had a waqf certificate, efforts can be made to identify the waqf assets, and if important files related to the waqf are lost, you can contact BPN to get a copy, but if the assets are destroyed according to the UUPA the land returns to the state. Financing can be done by optimizing the funding of cash waqf and cash waqf for efforts to repair and rebuild these assets.
Pricing Mechanism in Panyabungan Tradisional Market Viewed from Islamic Economic Perspective Lubis, Rini Hayati
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 11 No. 2 (2024): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v11i2.35080

Abstract

This study analyzes the pricing mechanism in the Panyabungan traditional market using the perspective of Islamic economics. The Panyabungan tradisional market is the focus of research because it is the local economic center of the Muslim community. Using a qualitative approach, data is collected through observation and interviews with traders and sellers as well as market stakeholders. The results of the study show that the pricing mechanism in the Panyabungan Old Market is largely based on market forces, which is not in accordance with Islamic economic principles that emphasize fairness in prices. In the traditional market of Panyabungan, there is still intransparency related to prices, price increases at certain moments that are not affected by the substance of the availability of goods, and buying and selling credit without paying attention to sharia principles. The implications of this study reinforce the importance of understanding and applying Islamic economic principles in traditional market practices to achieve the goals of economic justice and sustainability at the local level.
Efficient Market Analysis of Jakarta Islamic Index (2019-2023) Sidik, Rahma Aulia; Suryomurti, Wiku; Ang, Soon Yong
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 11 No. 2 (2024): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v11i2.35193

Abstract

This study aims to analyze the efficient market form of the Jakarta Islamic Index. The methodology used is an event study with a window period of 20 days, including ten days before and ten days after the announcement of composition changes held twice a year. The sample consists of 102, with 30 companies listed during the study period and 36 companies excluded and re-listed following the composition change announcements. The analysis technique used is the Paired Sample T-test. The findings reveal no differences in abnormal returns and trading volume activity before and after the announcement. This suggests that the market had already absorbed the announcement information before the event, resulting in a weak reaction and indicating that the announcement did not significantly impact the Jakarta Islamic Index. This implies that the index operates in a semi-strong form of market efficiency. Consequently, companies listed in the index may need additional strategies to improve their stock performance. To provide further insight, this study also examines the average stock trading activity of companies that enter and exit the composition of the Jakarta Islamic Index for the 2019-2023 periods.
The Application of Ijtihâd Takhrîj in Contemporary Sharia Business Agus Putra, Panji Adam
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 11 No. 2 (2024): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v11i2.35389

Abstract

This research aims to elaborate on the concept of ijtihâd takhrîj, which was introduced by scholars to address evolving contemporary legal issues. It also seeks to analyze the application of ijtihâd takhrîj in the field of mu’âmalah mâliyyah or Islamic economic law. The approach used in this research is a normative juridical approach. This research is classified as a literature study and uses secondary data. The results of the study indicate that: first, ijtihâd takhrîj is crucial for realizing the efforts of ijtihâd to solve legal issues, including Islamic economic law, which is continuously developing; and second, in practice, ijtihâd takhrîj is applied to address contemporary legal issues in mu’âmalah mâliyyah activities. Some applications of ijtihâd takhrîj in contemporary sharia business such as law of commercial insurance, intellectual property rights, issues of inflation, law on giving discounts, law of travel checks, law of savings deposits, credit and debit cards, buying and selling via social media, law of compensatory payments in transactions, and Sharia-Based Financial Technology Peer-To-Peer Lending.
Analysis of the Trickle-Down Effect and Multiplier Effect of Religious Tourism at Al-Jabbar Mosque: How does it impact local MSME? Sutisna, Fajar Andrian; Sopiah, Evi; Salam, Annisa Nur
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 11 No. 2 (2024): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v11i2.37955

Abstract

This research aims to analyze the trickle-down and multiplier effects of the Al-Jabbar Mosque as a religious tourism site using a qualitative approach and descriptive analysis method using NVivo software. Primary data was collected through interviews with 20 tourists, 10 local MSME actors, 5 MSME employees, also the food court manager, and Al-Jabbar Mosque management. The findings reveal that the presence of Al-Jabbar Mosque generates a trickle-down effect by creating business potential and job opportunities for the local community. Local Community can engage in trade within the food court, also benefit from special programs like rental fee discounts. Additionally, there are employment opportunities at the mosque, such as security. The mosque also opens opportunities for MSME employment and open service, such as photography. Currently, 70% of the 550 mosque employees are local residents. Tourist visits directly impact Rp144.648.000.000 monthly to local MSME income, assuming 344,941 visitors per month with an average expenditure of Rp344,833 on food, photography, and other services. Mathematical analysis shows a multiplier effect value of 1.22, indicating that for every Rp100,000 increase in tourist spending, local MSME income rises by Rp122,000. Practically, the research suggests that Al-Jabbar Mosque management should collaborate with the local community to develop new businesses.
WAQF MANAGEMENT BY ISLAMIC BOARDING SCHOOLS FOR ECONOMIC INDEPENDENCE OF MUSLIM COMMUNITIES: A CASE STUDY OF PERSIS IN WEST JAVA Jaenudin, Jaenudin; Saepullah, Usep; Hidayat, Agi Attaubah
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 8 No. 2 (2021): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v8i2.43948

Abstract

Waqf is a crucial institution in Islamic social practices utilised for community welfare since the era of Prophet Muhammad (peace be upon him). Initially, waqf primarily consisted of immovable assets, such as agricultural land, as Umar ibn Khattab's waqf demonstrated. In Islamic law, waqf has distinct legal characteristics that set it apart from zakat, infaq, sadaqah, and hibah, even though they share similarities in material nature. Over time, the scope and management of waqf have evolved, particularly in Islamic boarding schools (pesantren), which leverage waqf to foster economic independence for the Muslim community. This study explores waqf management within Persatuan Islam (Persis) pesantren in West Java, focusing on its regulatory framework, implementation, and distribution of benefits. The findings indicate that waqf management within Persis adheres to structured guidelines, as outlined in the Kaifiyat Kerja and Pedoman Jam'iyyah Persatuan Islam (2011). Waqf management in Persis pesantren is carried out independently, with pesantren acting as both managers (nadzir) and implementers. The distribution of waqf benefits is predominantly directed toward social and educational initiatives. However, efforts to expand its role in developing broader economic independence require further collaboration with economic actors to fully realise the potential of waqf in supporting the community's welfare.
Review of the Success of Collecting Donations for Palestine through Kitabisa.com Ichsan, Nurul; Gymnastiar, Rakha Mulia; Zehra, Maria
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 12 No. 1 (2025): January
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v12i1.44059

Abstract

Donating infaq and shodaqah is recommended in Islam. Kitabisa.com provides fundraising services to donate to the campaign for Palestine. This study analyzes the factors influencing the success of collecting infaq and shodaqah donations for Palestine through kitabisa.com. The method used is quantitative, with data collection through questionnaires distributed to 105 people who donated to Palestine at kitabisa.com. Data analysis was carried out using data quality tests and partial least squares (PLS) with the help of SmartPLS3. The dependent variable can be explained by the independent variable by 59.6%, which is classified as moderate. The results showed that religiosity significantly affects donation decisions with a P-value of 0.026. Social influence has no significant effect with a P-Value of 0.696, while project quality significantly affects donation decisions with a P-Value of 0.000. These findings suggest that donors are more likely to donate when they feel influenced to have a strong religious awareness and confidence in the project's quality.
ABU YUSUF'S ECONOMIC THOUGHT: PRINCIPLES, METHODOLOGIES, AND RELEVANCE TO MODERN ISLAMIC ECONOMICS Fatoni, Siti Nur
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 8 No. 2 (2021): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v8i2.44126

Abstract

This study investigates Abu Yusuf's economic thought, the prevailing views among scholars during his era, and the relevance of these ideas in modern economic contexts. The focus is on understanding the structure and characteristics of his economic concepts, the methodologies employed to address economic challenges, and their applicability to current developments. Grounded in an economic school of thought that integrates Islamic principles into economic life, the study highlights the combination of moral values, economic theory, and historical perspectives. Islamic economics is described as a framework of principles derived from the Qur'an and Sunnah, adaptable to the needs of specific periods and contexts. A historical-descriptive method is employed to analyze contributions to Islamic economics without internal critique. The central discussion addresses systemic issues affecting lower-income groups, such as economic disparities and unequal wealth distribution. Proposed solutions emphasize reducing burdens on marginalized groups and narrowing economic gaps. The analysis underscores the role of state institutions as mechanisms for enabling effective economic interventions, fostering equity, and promoting inclusivity. These perspectives offer insights for addressing modern economic challenges and integrating ethical and equitable principles into economic systems.
ENHANCING LEGAL CERTAINTY AND INSTITUTIONAL MODELS FOR HALAL CERTIFICATION IN INDONESIA'S FOOD AND BEVERAGE SECTOR Asro, Muhammad; Sofyan, Ayi
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 8 No. 2 (2021): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v8i2.44160

Abstract

The implementation of Law No. 33 of 2014 on Halal Product Assurance (Jaminan Produk Halal, JPH) in Indonesia highlights significant challenges in legal protection and institutional frameworks. These include public awareness gaps about the halal certification process, lack of compliance among certified entities, and the delayed establishment of the Halal Product Assurance Agency (BPJPH), which became operational in October 2017 but has not yet fully met its mandate. This study aims to develop an institutional model for implementing Article 4 of the Halal Product Assurance Law, focusing on the food and beverage sector in Indonesia. It also explores the philosophical underpinnings of halal principles (halalan tayyiban) in alignment with Qur'anic guidance (Q.S. Al-Baqarah: 168) and modern medical insights on health and well-being. Employing a normative-empirical legal research approach, this study utilizes descriptive qualitative analysis to synthesize regulatory frameworks, empirical findings, and philosophical insights, concluding with inductive reasoning to propose practical solutions. Findings indicate that BPJPH's implementation of the JPH Law remains suboptimal due to insufficient numbers of authorized Halal Product Institutions (LPHs). Moreover, the transition from a voluntary to a mandatory halal certification system introduces critical legal and procedural shifts, including new obligations, validity periods, and auditing requirements. These challenges underline the need for policy adjustments to ensure legal certainty and effective governance.
Developing Islamic-Based Tourism Strategies for Sustainable Rural Independence: A Case Study of Kutawaringin Village, Indonesia Putria, Uus; Salsabila, Farhan Fauzan
Al-Muamalat: Jurnal Ekonomi Syariah Vol. 12 No. 2 (2025): July
Publisher : Department of Sharia Economic Law, Faculty Sharia and Law, UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/am.v12i2.44309

Abstract

This study examines the potential of developing Kutawaringin Village, Indonesia, as a sustainable Islamic-based tourism destination, integrating the creative economy, nature tourism, and halal culinary practices. The objectives are to (1) analyze the internal and external factors affecting Kampung Jeans as a tourism village, (2) explore how Islamic values can be incorporated into strategic planning for rural tourism development, and (3) assess the potential impact of tourism on rural independence from an Islamic perspective. Using a qualitative approach with descriptive analysis and SWOT analysis, primary data was collected from observations and interviews with local communities. The findings reveal strengths such as the village’s historical identity in garment manufacturing, natural resources, and community institutions. However, weaknesses like limited human resource capacity and a fragmented tourism strategy pose challenges. Opportunities exist in the global halal tourism trend and the growing demand for nature and cultural tourism. The study concludes that integrating Islamic values such as maqāṣid al-sharī‘ah (Islamic objectives) and khilāfah (stewardship) can guide the village's sustainable tourism model. Implementing DSN-MUI Fatwa No. 108/2016 is essential to ensure Shari‘ah compliance, which is crucial for long-term success.

Page 22 of 23 | Total Record : 228

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