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Journal of Islamic Economics, Management, and Business (JIEMB)
Published by Universitas Islam Negeri Walisongo Semarang
ISSN : 27210197     EISSN : 27210324     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Journal of Islamic Economics, Management, and Business is a scientific journal in the field of Islamic economics studies published twice a year by the program of Magister of Syariah Economics, Faculty of Islamic Economics and Business UIN Walisongo Semarang. The editors receive articles in the form of research based manuscript related to Islamic Economics, business, and management themes which cover Islamic Economics, Islamic Business, Islamic Financial Management, Islamic Marketing Management, Islamic Human Resource Management, Islamic Operational Management, and Islamic Philanthropy.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 7 Documents
 1 
Search results for , issue "Vol. 5 No. 2 (2023)" : 7 Documents clear
Enhancing umrah pilgrim satisfaction through effective logistic services and inventory management Saputri, Riska; Febrian, Andis
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.15097

Abstract

This study explores the impact of logistic services and inventory management on the satisfaction of umrah pilgrims at PT. Asyesa Hasanah Tour & Travel Sumatera Barat. The research addresses the need for effective logistics management in the umrah travel industry, highlighting its importance in providing timely and quality services to pilgrims. Utilizing a quantitative approach, data were collected from 85 respondents among a population of 536 umrah pilgrims. The study found that logistic services, characterized by reliability, timeliness, and resource availability, significantly enhance pilgrim satisfaction. Similarly, efficient inventory management, involving precise planning, control, and distribution of goods, also positively impacts satisfaction levels. The findings suggest that both logistic services and inventory management are critical in ensuring high levels of customer satisfaction. The study concludes that umrah travel companies should continuously improve their logistic and inventory management strategies to maintain competitive advantage and meet the evolving needs of their customers. This research contributes to the literature by providing detailed insights into the operational components of logistics and inventory management within the context of umrah travel, emphasizing the role of technology and employee satisfaction in enhancing service delivery. 
The role of zakat in economic recovery during and after the Covid-19 pandemic: A case study of Baznas in Indonesia Prasetyoningrum, Ari Kristin
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.20189

Abstract

The Covid-19 pandemic has had a significant impact on the global economy, including Indonesia, which experienced a drastic economic decline. Baznas is expected to contribute to economic recovery through the management and distribution of zakat, infāq, and ṣadaqah (ZIS) funds. This study aims to evaluate the role of Baznas in supporting Indonesia’s economic recovery during and after the Covid-19 pandemic and to analyze the economic recovery methods implemented by Baznas. This research employs a qualitative approach with content analysis and literature review methods. Secondary data were obtained from Baznas activity reports, financial reports, and management reports from 2020 to 2022, sourced from the official Baznas website. The findings indicate that Baznas has effectively managed and distributed ZIS funds to assist communities affected by the pandemic. Various programs, including health, social, economic, and educational assistance, were implemented to mitigate the negative impacts of the pandemic. The distribution of ZIS funds was focused on both consumptive and productive schemes, with a greater emphasis on consumptive schemes during the pandemic. This study demonstrates that zakat, as an Islamic financial instrument, can be a solution to alleviate the economic burden on communities affected by Covid-19.
Strategic development of rural halal tourism using the Business Model Canvas framework: A case study from East Java, Indonesia Ukhrowi, Mukhamad Zahid
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.20943

Abstract

This article highlights the significance of villages in local governance, especially their potential in tourism, which can drive economic benefits and community development. The purpose of this research is to analyze the development strategy of Sidomulyo Village towards halal tourism using the Business Model Canvas (BMC) approach. The methodology involves a qualitative field research design with data collected through structured interviews, direct observations, and documentation reviews in Sidomulyo Village, East Java. The findings reveal that Sidomulyo Village has significant potential as a halal tourism destination due to its rich natural resources, cultural heritage, and established tourist attractions such as educational tours, batik houses, and coffee industry tours. The village’s strategic use of BMC elements such as value propositions, customer segments, channels, and key partnerships can enhance its appeal to both local and international tourists. Implications of this study suggest that Sidomulyo Village can achieve sustainable economic growth and community welfare by leveraging strategic planning and cost management, thus positioning itself as a unique halal tourism destination. 
Debt repayment practices among rural farmers: An Islamic economic perspective Jannah, Maulidatul; Rusdiana, Rusdiana; Aisyah, Lisda
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.21582

Abstract

This study focuses on the practice of debt repayment with rice in Martadah Village, Tambang Ulang District, Tanah Laut Regency, where the majority of the population are rice farmers. The primary aim of this study is to examine this practice from an Islamic economic perspective. The research employs a qualitative descriptive method involving observations, interviews, and documentation analysis related to the debt repayment practices in the village. The findings reveal that the debt repayment with rice often does not align with the qarḍ principles in Islamic economics, as the price of rice set by lenders is lower than the market price, causing losses to the farmers. The study also identifies the farmers’ dependency on capital owners and local community leaders, creating power dynamics and potential exploitation. Some cases show fairer practices consistent with qarḍ principles, where debt repayment is done at market prices without interest or additional profits. This study provides practical and theoretical contributions by emphasizing the importance of education and the application of Islamic economic principles to ensure fairness and social welfare in rural communities.
Evaluating the impact of fiscal and monetary policies on Indonesia’s macroeconomic stability and growth (2015-2019) Muzayyanah, Muzayyanah; Triyana, Ega; Nawang Aura, Ken Agastya
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.21672

Abstract

Effective management of Indonesia’s macroeconomic variables –production, inflation, money supply, aggregate demand, and interest rates– is crucial for economic stability and growth. This study examines the fiscal and monetary policies implemented by the Indonesian government from 2015 to 2019 and assesses their impact on key macroeconomic variables. Utilizing a qualitative research approach and comprehensive literature review, the study analyzes the principles and implementation of these policies. Fiscal policies, including infrastructure development, social protection, and tax amnesty, significantly contributed to economic growth and reduced unemployment. Monetary policies, such as interest rate adjustments, open market operations, and reserve requirements, maintained inflation around 3% and improved liquidity. However, economic growth fluctuated, indicating the need for better policy coordination. The study highlights the importance of strategic fiscal and monetary policies in achieving macroeconomic stability and offers insights into optimizing these tools for addressing economic challenges and promoting long-term development in Indonesia. 
Reconstructing zakat within sharia philanthropy Pertiwi, Hana Pertiwi,; Atika, Atika; Abdillah, Muhammad
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.22284

Abstract

The quality of a believer’s faith in Islam is evidenced through their interactions in a social context, with zakat being a critical religious duty that transcends mere ritualistic worship to embody profound social implications. This study explores the reconstruction of zakat within Sharia philanthropy to enhance its effectiveness in alleviating poverty and supporting sustainable welfare. Using a qualitative descriptive approach, the research involves an extensive literature review and data analysis from various sources. Findings indicate that zakat, when managed properly, significantly improves the economic well-being of the ummah, particularly among the poor and the eight designated beneficiaries. The article identifies critical factors facilitating zakat reconstruction, such as legal frameworks, community engagement, and technological advancements. It also highlights the challenges in zakat management, including regulatory issues and inefficiencies in distribution. The implications of reconstructing zakat within Sharia philanthropy include enhanced transparency, efficiency, and impact on social welfare, transforming recipients from passive beneficiaries into active, productive community members. This article contributes to the discourse on Islamic social finance by proposing a structured approach to optimizing zakat practices, thereby aligning them with the aspirations of the Muslim community for equitable economic development. 
Micro waqf bank and its impact on micro-enterprise productivity in Indonesia Vanni, Kartika Marella
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.22306

Abstract

This study aims to examine the mechanisms and schemes implemented by micro waqf bank (Bank Wakaf Mikro, BWM) in enhancing the productivity of micro-enterprises in Indonesia. Using a descriptive qualitative methodology with a literature review approach, this research analyzes secondary data from various relevant academic sources. The findings indicate that BWM combines the concept of waqf with microfinance services, which includes the collection of cash waqf funds through Islamic banks, waqf institutions, and digital platforms. Fund management is conducted by nāẓir who invests the funds in sharia-compliant instruments to support BWM operations and microfinance programs. The financing schemes used by BWM include qarḍ al-ḥasan, muḍārabah, mushārakah, and productive waqf. The qarḍ al-ḥasan scheme provides interest-free loans, while the muḍārabah and mushārakah schemes involve partnerships in business management with profit-sharing based on agreed ratios. The productive waqf scheme utilizes waqf assets to generate income used for microfinance. The implementation of these schemes requires collaboration with various parties and innovations in digital technology to enhance efficiency and transparency. Overall, BWM has provided inclusive financial access, improved micro-enterprise capacity, and created a sustainable business ecosystem for micro-enterprises in Indonesia.

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