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El-Qish: Journal of Islamic Economics
Published by Universitas Terbuka
ISSN : -     EISSN : 28093232     DOI : https://doi.org/10.33830/elqish
Core Subject : Economy,
Economics, Econometrics & Finance
El-Qish invites scholars, researchers, and students to contribute the result of their studies and research in the areas related to Islamic economics, Islamic Macroeconomics, Islamic Monetary, Islamic Microeconomics, Islamic finance, Islamic Business, Islamic Human Resource Management, Islamic Marketing Management, Halal industries, Zakat and Wakaf, and Islamic Entrepreneurship.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 61 Documents
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Integration of Shariah Economy in Sustainable Business Development: The Role of CSR in Achieving SDG's Goals Reza Arviciena Sakti; Yudhi Kurniawan Zahari; Septian Adi Prayuda; Abdul Basit
El-Qish: Journal of Islamic Economics Vol. 4 No. 2 (2024): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research aims to explore the integration of Islamic economic principles in sustainable business development, highlighting the role of Corporate Social Responsibility (CSR) in supporting the achievement of the Sustainable Development Goals (SDGs). Islamic economics, which is based on the values of justice, social responsibility, and balance, offers a relevant framework for businesses committed to sustainability. This research adopts a qualitative approach with literature study and document analysis methods to identify the contribution of Sharia CSR in strengthening the social, economic, and environmental aspects of the SDGs. The results suggest that the application of sharia principles in CSR can enhance positive impacts on communities and the environment, as well as improve corporate reputation sustainably. This integration not only strengthens the company's position in the market, but also contributes significantly to achieving SDGs targets, such as poverty reduction, education enhancement, and environmental preservation. These findings emphasize the importance of adopting Shariah values in corporate CSR strategies to support sustainable businesses that are more inclusive and equitable.
Determinants of Budget Absorption with Accountability as a Moderating Variable in the Islamic-Based Government of Southeast Aceh District Gundahara; Eka Nurmalasari; Zulia Hanum
El-Qish: Journal of Islamic Economics Vol. 4 No. 1 (2024): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v4i2.9535.2024

Abstract

The aim of this research is to examine and analyze the influence of budget participation and human resource competency on budget absorption moderated by accountability. The approach used in this research is an associative approach. The population in this study was all regional apparatus organizations (OPD) in Southeast Aceh district, totaling 33 OPDs. The sample in this study was taken from 3 people from each regional apparatus organization (OPD), consisting of the head of department or secretary, authorized budget user and head of program sub-division, so that the number of respondents was 99 people. Data collection techniques in this research used documentation studies and questionnaires. The data analysis technique in this research uses a quantitative approach using statistical analysis using Auter Model Analysis, Inner Model Analysis and Hypothesis Testing. Data processing in this research uses the PLS (Partial Least Square) software program. The results of this research prove that budget participation and human resource competency have a significant effect on budget absorption, accountability moderates the influence of budget participation and human resource competency on budget absorption in Southeast Aceh Regency.
Factors Affecting Budget Absorption with the Support of Islamic-Based Leadership as a Moderating Variable in the Government of Southeast Aceh Regency Dicky Zulkarnaen
El-Qish: Journal of Islamic Economics Vol. 4 No. 2 (2024): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v4i2.9560.2024

Abstract

The aim of this research is to test and analyze the effect of budget participation and clarity of budget targets on budget absorption moderated by leadership support. The approach used in this research is an associative approach. The population in this study was all regional apparatus organizations (OPD) in Southeast Aceh district, totaling 33 OPDs. The sample in this study was taken from 3 people from each regional apparatus organization (OPD), consisting of the head of department or secretary, authorized budget user and head of program subdivision so that the number of respondents was 99 people. Data collection techniques in this research used documentation studies and questionnaires. The data analysis technique in this research uses a quantitative approach using statistical analysis using Auter Model Analysis, Inner Model Analysis and Hypothesis Testing. Data processing in this research uses the PLS (Partial Least Square) software program. The results of this research prove that budget participation and clarity of budget targets have a significant effect on budget absorption, leadership support moderates the influence of budget participation and clarity of budget targets on budget absorption in Southeast Aceh Regency
Islamic Ethical Guidance for Marketing and Digital Marketing: A Study based on 7 Ps Marketing Model Abi Huraira Rifas; Mohamed Nazar Mohamed Nushthi
El-Qish: Journal of Islamic Economics Vol. 5 No. 1 (2025): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v5i1.11903.2025

Abstract

The concept of Marketing has grown rapidly in traditionally and technologically. 7P model in the marketing has been rounded up the whole business world effectively and efficiently. The business world is being transformed all the business and marketing activities into the digital marketing due to advanced technology today. The modern business marketing activities gave birth to online advertisement thus an ethical attention of Shariah is to be paid on the marketing activities to ensure security both buyers and sellers. Thus, this article aims to explore analytical view on prospection of the 7P model of marketing and digital marketing in Shariah perspective. This study has been designed as library research with inductive reasoning and qualitative approach. Data have been collected from primary sources (Al-Quran and Sunnah) and secondary sources (books, articles, journals, magazines). Based on content and descriptive approach, this article employed analytical and evidence explanation with the Shariah literary perspective. The study brings an ethical perspective on 7P marketing model with the light of Shariah. Marketing strategies and activities are supported by the Islamic ethical standards view. In terms of implication, this study clearly provides the Islamic perspective that the whole community should follow the Islamic guidelines to sustain the social justice.
Islamic Economic Justice and Governance: Pathways to Human Development in Developing Muslim Majority Countries Basri, Basri; Herianti, Herianti; Eally Earizza Binti Moksin
El-Qish: Journal of Islamic Economics Vol. 5 No. 1 (2025): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v5i1.12206.2025

Abstract

This study aims to investigate how governance influences the Human Development Index (HDI) in eight developing Muslim-majority countries, collectively known as the D-8, by integrating an Islamic economic perspective. While existing literature recognizes governance as a key driver of HDI, few studies explore how Islamic economic values interact with governance mechanisms to shape human development outcomes. This research addresses this gap by examining the relationships among governance indicators, Islamic financial development, and HDI performance. Utilizing panel data from D-8 countries covering the period from 2013 to 2023, we employ the Generalized Method of Moments (GMM) approach to analyze the interactions between governance quality, Islamic financial development, and human development. Governance is assessed through indicators such as government effectiveness, regulatory quality, and control of corruption, while Islamic financial development is measured by the growth and outreach of Shariah-compliant financial institutions. Our findings reveal three key insights: (1) Governance exerts a synergistic effect that enhances HDI in D-8 countries. (2) The impact of individual governance indicators varies, with government effectiveness and regulatory quality consistently associated with higher HDI. (3) Islamic financial development positively influences HDI, particularly in health and social welfare sectors, underscoring the role of Islamic values in promoting human well-being. This study contributes to the economic development literature by demonstrating how Islamic economic principles can support the achievement of Sustainable Development Goals (SDGs) within a robust governance framework. For policymakers, the findings highlight the importance of aligning Islamic welfare principles with governance reforms to optimize human development outcomes in developing Muslim-majority countries.
Is Generation Z Willing to Consume Halal-Certified Products to Support Sustainable Development? Abdullah, Abdullah; Hasan Bisri; Jeyhan Ali Azhar; Akmal Asman
El-Qish: Journal of Islamic Economics Vol. 5 No. 1 (2025): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v5i1.12267.2025

Abstract

This research aims to determine Gen Z's desire to consume halal-certified products to support sustainable development. This study uses a questionnaire and expands the TPB theory popularized by Ajzen by adding religiousness and halal literacy variables, which aim to measure the extent to which these variables have an impact on the research object. The analytical model for this research (PLS-SEM) was adopted to test the research model on 357 samples obtained from five islands in Indonesia. The research results show that, first, testing perceived behavioral control and attitude has a significant effect on religiousness, while subjective norms and halal literacy do not have a significant effect on religiousness. Second, perceived behavioral control, attitude, subjective norms, and halal literacy have a significant effect on the willingness to consume sustainable development. Third, the religious variable does not show significant results on the willingness to consume sustainable development. This research proposes implications that emphasize increasing halal literacy for Gen Z throughout Indonesia by providing broad accessibility for an integral understanding of halal.
Assessing the Impact of Electronic Word of Mouth on Muslim Millennials’ Travel Intentions: Evidence from Muslim-Friendly Tourism in Lombok Nuzulia, Nuzulia; Achsania Hendratm
El-Qish: Journal of Islamic Economics Vol. 5 No. 1 (2025): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v5i1.12432.2025

Abstract

Tourism is a vital global industry contributing to foreign exchange, regional development, and employment. However, the COVID-19 pandemic in early 2020 led to a drastic decline in tourist visits and expenditures. This study examines the factors influencing Muslim millennials’ intentions to visit Muslim-friendly destinations in Lombok, focusing on electronic word of mouth (e-WOM), Islamic tourism motivation, pandemic risk perception, and attitude toward destinations. Quantitative data were collected from 210 Muslim millennial respondents and analyzed with Partial Least Squares Structural Equation Modeling (SEM-PLS) via SmartPLS. The results indicate that e-WOM, Islamic tourism motivation, and attitude toward destinations significantly and positively affect visit intentions, while pandemic risk perception does not significantly impact. These findings suggest that psychological and informational factors, especially those distributed digitally, have a more substantial influence than health-related concerns. The study provides practical implications for halal tourism destination managers in optimizing e-WOM and digital marketing strategies, while maintaining post-pandemic health protocols to enhance tourist confidence. This research contributes to the post-pandemic halal tourism literature by integrating psychological and contextual variables in understanding the travel behavior of Muslim millennials.
Understanding the E-Shopping Shift: Islamic Consumer Ethics and the Transition from Conventional to Online Shopping Faisal Amri; Rasidah Novita Sari
El-Qish: Journal of Islamic Economics Vol. 5 No. 1 (2025): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v5i1.12152.2025

Abstract

Technological advancements and the transition from traditional to online shopping have significantly impacted consumer behavior. The availability of various online marketplace platforms has changed shopping habits, modified purchasing trends, and shaped overall consumption decisions. This study examines the influence of income, Islamic financial literacy, and social media on consumer behavior in Java, Indonesia. This study used quantitative methods. Data were collected through questionnaires from residents of Central Java. The study sample, consisting of 530 respondents, was obtained using simple random sampling. The independent variables included income, Islamic financial literacy, and social media, while the dependent variable was consumer behavior. The data were analyzed using SmartPLS software, which involves a structural model (inner model) and a measurement model (outer model). This study revealed that Islamic financial literacy and social media have a significant impact on consumer behavior, while income showed no significant effect. The coefficient of determination (Adjusted R Square) of 0.702 (70%), indicates that income, Islamic financial literacy, and social media collectively influence 70% of consumer behavior, with the remaining 30% being due to unexplored factors. The transformation of the digital economy has had a multidimensional impact on consumption behavior, from psychological to economic. Therefore, understanding these changes is crucial for academics, business practitioners, and policymakers in designing adaptive strategies for the digital ecosystem.
Islamic Human Development Index as a Development Indicator: An Empirical Study in Indonesia KMT Lasmiatun; Muhammad Duku
El-Qish: Journal of Islamic Economics Vol. 5 No. 1 (2025): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33830/elqish.v5i1.12213.2025

Abstract

The Human Development Index (HDI) measures human development in the material dimension. This concept has not been able to become a measure of universal human development. The Islamic Human Development Index (I-HDI) measures human development through material and non-material aspects. Specifically, this concept can be a measurement of development in Muslim countries like Indonesia, namely as an effort to increase economic development. The purpose of this study is to determine the effect of economic growth, fiscal policy, and zakat on HDI and I-HDI with the maqāṣid al-sharī'ah approach. The research method uses a quantitative approach with dynamic panel regression two-step Generalized Method of Moments (GMM). The results of the statistical test analysis show that three of the independent variables have a positive and significant effect on HDI and I-HDI, namely economic growth and government expenditure fiscal policy in the health and education sectors. Meanwhile, the zakat variable only has a positive and significant effect on I-HDI and has a non-significant effect on HDI. This condition occurs because the management of zakat is not carried out optimally by zakat institutions, and there are no strict regulations from the government in encouraging an increase in the collection of zakat funds in Muslim communities in Indonesia.
The Islamic Financial System as a Solution to Poverty Problems in Indonesia Wahidatun Nafiah Alfarda; Saifudin Yusuf; Hardining Estu M; Imam Nur Ngaini; Andrean Permadi
El-Qish: Journal of Islamic Economics Vol. 4 No. 2 (2024): El-Qish: Journal of Islamic Economics
Publisher : LPPM Universitas Terbuka

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Poverty is one of the main challenges faced by Indonesia, a country rich in natural resources and human potential. The presence of Islamic financial system is considered suitable for poverty alleviation programs. Islamic economics adheres to the principle of synergy (ta'awun) by creating economic justice to equalize the distribution of income and wealth, which is the goal of Islamic financial system. This research is a qualitative study with an inductive reasoning approach through a library research process. The data sources used to build the concept are secondary data derived from previous research in the form of articles discussing poverty. The research results show that the poverty rate in Indonesia tends to decrease from year to year. Market and banksbased industry have philosophical principles and operational bases that are integrated with social values and economic activities. Poverty will be reduced if all elements of society work together to support programs originating from the government and from other institutions, such as banking support for poverty alleviation.

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