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Islamiconomic: Jurnal Ekonomi Islam
Published by Universitas Islam Negeri Sultan Maulana Hasanuddin Banten
ISSN : 20853696     EISSN : 25414127     DOI : 10.32678/ijei
Core Subject : Religion, Economy, Social,
Religion Economics, Econometrics & Finance Social Sciences
Islamiconomic: Jurnal Ekonomi Islam (IJEI) is a periodical scientific publication intended for economists who want to publish their articles in the form of literature studies, research, and scientific development in the field of Islamic economics. IJEI was first published in 2009 which is annually published twice (June and December). IJEI works closely with the Islamic Economist Association (Ikatan Ahli Ekonomi Islam) and Islamic Economic Society (Masyarakat Ekonomi Syariah) which provides editorial members, peer reviewers, and authors, both are professional associations related to IJEI aims and scopes. IJEI invites manuscripts in the areas: Islamic Economics, Islamic Banking, Islamic Business, Islamic Management, and Islamic Finance.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 9 Documents
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Search results for , issue "Vol 14, No 2 (2023)" : 9 Documents clear
Strategies of the Baduy Community in Navigating Economic Fluctuations During the COVID-19 Pandemic Yakin, Ikin Ainul; Ardiyansyah, Muhammad Ridho
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i1.672

Abstract

The COVID-19 pandemic has significantly impacted the global economy, and Indonesia is no exception. The economic decline in Indonesia has affected the entire nation, including the province of Banten. Amid this crisis, researchers have shown interest in studying the Baduy community's response to the pandemic. This research aims to determine if the Baduy community has been affected by the economic impacts of COVID-19, to explore the strategies they employ to mitigate these impacts, and to identify the values within Baduy society that help them navigate economic challenges. The research seeks to answer several key questions: Has the Baduy community been directly affected by the economic impact of COVID-19? What strategies does the Baduy community use to cope with these economic challenges? What values inherent in Baduy society help them avoid the adverse economic effects of the pandemic? To achieve these objectives, the research employs an ethnographic method well-suited for social science research. Ethnography emphasizes immersion, personal experience, and active participation, rather than mere observation, by researchers trained in this qualitative research approach. The findings reveal that the Baduy people perceive COVID-19 and its consequences as natural events willed by God. This perspective, combined with their simple lifestyle and values of gratitude, modesty, and contentment, helps the Baduy community remain calm and resilient in facing life's challenges. Their approach to living—avoiding luxury and accepting life as it comes—contributes to their ability to weather economic fluctuations during the pandemic
Unemployment Alleviation Strategy Through The Implementation of Zakat Commandment Syamsuri, Syamsuri; Mabarroh, Inda Taqiya; Nurfattah, Arizqiya; Shuib, Mohd Sollehudin
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.576

Abstract

Zakat has an important role as an instrument to realize income equality and maintain balance in society, one of which is overcoming unemployment. This research aims to find out how the strategy of distributing zakat funds can alleviate unemployment by Islamic law. This research examines the theoretical relationship between the pattern and mechanism of zakat management, viewed from a sharia perspective, and its economic impact. This is literature research by reviewing books and journals discussing productive zakat in poverty alleviation efforts. This study is a descriptive comparative analysis. The data collected is analyzed using the content analysis method, a technique used to analyze the meaning of the data collected through literature research. The results of this study indicate that the role of zakat in overcoming unemployment is getting better economically through the distribution of consumptive zakat. The consumptive assistance will increase Mustahik's purchasing power to meet their needs. The increase in purchasing power has a positive impact on increasing a company's production. With the increasing demand for the product, companies need to improve their production capacity. The company will hire more labour to meet the increased demand, and consequently, the problem of unemployment can be overcome
The Effects of Unemployment, Management of Zakat Funds, and Economic Expansion on Poverty Alam, Azhar; Suratman, Asyifa Syauqi; Setyowati, Eni
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.501

Abstract

This study aims to determine whether there is an impact of unemployment, management of zakat funds, and economic growth on poverty. With data sources from the Central Statistics Agency and BAZNAS from 2015-2020, the study used Ordinary Least Square (OLS) regression analysis to test the effect of independent variables on dependent variables. The results of this study show that zakat has a significant negative influence on poverty rates. Unemployment in this study shows its considerable effect on poverty. Meanwhile, economic growth has no significant impact on the poverty rate. The findings recommend that the government evaluate economic growth that the poor still need to enjoy fully. This research is also expected to pave the way for the community to know the role of zakat and economic growth in helping fellow human beings and also helping the country. The government can also contribute to increasing community socialisation about the impact of zakat on the country.  
Evaluation of Financial Technology's Performance in Islamic Banking across Indonesia, Malaysia, and Brunei Darussalam Rahmi, Asri Noer; Palupi, Ade; Siska Pratiwi, Silvia; Annisa Buys, Witrie
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.559

Abstract

This research aims to analyze the effect of financial technology on financial performance in Islamic banking Indonesia, Malaysia and Brunei. The measurement method used in this research the percentage of income derived from the financial technology in the financial statements presented in Islamic banking registered with the Financial Services Authority (OJK). The data used is secondary data obtained from the annual financial statements. population in this research Islamic banking in Indonesia period 2016-2020. The sampling method in this research using purposive sampling method. The number of samples obtained is 129 samples. The data analysis used is the classical assumption test and multiple linear regression analysis. The method analysis data using SPSS version 25. The results of the analysis that has been carried out in this research, it shows that FDR, DER, BOPO, Inflation and Islamic Banking have a significant effect on financial technology in Islamic banking. Meanwhile, financial performance represented by ROA has a significant negative effect on financial technology. Where the increasing income generated by Islamic banking does not necessarily mean that the bank will improve the quality of its financial technology. All variable contribution to the development of financial technology in Islamic banking in Indonesia, Malaysia and Brunei. This shows that the realization that had carried out describes the situation and the condition of the financial performance of Islamic banking on the financial technology.
Prospects and Challenges of Green Sukuk for Sustainable Development Projects in Malaysia Sulaiman, Ahmad Azam; Mohamad, Mohammad Taqiuddin; Mustapa, Siti Salwani
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.593

Abstract

The issuance of green Sukuk in mid-2017 has become an increasingly attractive mechanism for investors and issuers to increase the capital of projects, assets or other activities that benefit the economy, environment and whole of society. The main objective of this study is to examine the current status of green Sukuk since it was published from July 2017 to March 2018 as well as review the prospects and challenges of green Sukuk in Malaysia. This study critically examines the various literature, aimed at emphasizing possible opportunities for future success and challenges to investors in investing in green Sukuk. The results of this study show that the possibilities and opportunities of green Sukuk in the future through various prospects can have a positive impact to encourage the growth of green Sukuk. In the fast-growing capital market in Malaysia, challenges are inevitable and may arise when organizations assess whether issuing green Sukuk is the right course of action. The findings of this study provide useful information to individual investors, investment companies and implemental companies to identify prospects and challenges in implementing green Sukuk so that the preparation and improvement in complying with sharia law can be done, achieve the purpose of environmentally friendly investment as well as generate good profits. 
KAMISEDEKAH Program Majoring in Sharia Economics in The Welfare of The People Jannah, Mukhlishotul; Hadiyyin, Ikhwan
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.589

Abstract

Alms are small acts of kindness meant to help others and promote social empathy. The KAMISEDEKAH program, run by the Department of Sharia Economics at UIN Sultan Maulana Hasanuddin Banten, aims to create job opportunities, reduce crime, and strengthen community bonds. This study highlights key aspects of the program. The KAMISEDEKAH program supported the department’s mission to improve education, research, and community service in Islamic economics. The program is a concrete way to serve the community. KAMISEDEKAH has both short-term and long-term programs. Short-term programs include: 1) Helping with emergency student tuition, 2) Disaster relief, 3) Gift-giving, 4) Revolving capital for students, 5) Mass circumcision funding, 6) Qurban (sacrifice) funding, 7) Orphan compensation, and 8) COVID-19 assistance. Long-term programs include: 1) Scholarships for the poor until graduation, 2) Opening kiosks, and 3) Establishing a FEBI clinic. The donation process works as follows: Every Thursday, students contribute IDR 2,000 each, which is collected by the class leaders and then submitted to the Department Student Association (HMJ) for Sharia Economics, Sharia Banking, and Sharia Insurance. Lecturers and staff contribute IDR 5,000 each, coordinated by the academic manager. The KAMISEDEKAH program aims to share resources and bring joy to everyone. The recipients' income varies, with the highest at IDR 2,250,000 and the lowest at IDR 600,000. On average, recipients earn IDR 1,000,000 per month. Most recipients have irregular jobs with low pay. The program helps ease their financial burden by allowing them to save money on daily expenses. In conclusion, the KAMISEDEKAH program contributes to the community's well-being and helps improve the lives of those in need.
Self-Evaluation With SWOT Analysis and ANP in The Sharia Business Management Department Maskuroh, Nihayatul; Suganda, Asep Dadan; Nurhayati, Siti
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.668

Abstract

This study aims to find out how the efforts of the Faculty of Economics and Islamic Business, UIN Sultan Maulana Hasanuddin Banten, in developing the Sharia Business Management (SBM) study program with all the strengths, weaknesses, and opportunities in dealing with various existing threats. This research uses a feasibility study method for the SBM program with quantitative SWOT analysis and the Analysis Network Process approach to formulate alternative strategies using Super Decisions software. Based on the data obtained, it can be concluded that the positioning of the Sharia Business Management study program, according to the respondents, is quite important and reaches a percentage of 56.5 with the argument that the mastery of Sharia-based business management is quite important as much as 50.8%. Meanwhile, from the Internal Factor Evaluation and External Factors Evaluation metrics, it can be seen that the position of the X axis is at point 3.60, and the position of the Y axis is at point 2.68. Therefore, because the meeting point between the X and Y axes is in quadrant I, so the strategy used is progressive (aggressive), namely maximizing the Strengths-Opportunities strategy by paying attention to other strategies such as Weakness-Opportunities, Strengths-Threats, and Weakness-Threats
Contribution of Islamic Financial Institutions in Channeling Productive Financing to The Halal Industrial Ecosystem in Supporting Sustainable Development Goals (SDGs) Peristiwo, Hadi; Yama, Arifeen
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.780

Abstract

Islamic finance is becoming part of that and can realize destination development sustainability in Indonesia, increasing its role as an institution. There is a lot of finance related to distribution financing productive to sector halal industrial ecosystem. Financing productive institutions Islamic finance against sector halal industry is the embodiment of economy sharia by kaffah (complete). This study uses a qualitative approach. The method used in this research is qualitative descriptive analysis. This study's data sources came from books, journals, and interviews with related informants about the role of Islamic finance in the distribution of productive financing to sector halal industrial ecosystems in supporting sustainable development goals (SDGs). Results show that instruments, both productive and investment financing provided and carried out by Islamic financial institutions, have an important role, especially in increasing the halal industrial sector. In addition, it can be seen that from the financing aspect, Islamic financial institutions channel more to the consumptive sector. The halal industry is an industrial sector with great potential if Islamic financial institutions fully support its sustainability
Social, Economic, and Health Empowerment in Pandeglang through a Community-Based Model Syarifudin, Efi; Sugondo, Sigit Iko; S. Ndolu, Juliana
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.833

Abstract

Community-based empowerment is crucial in enhancing social, economic, and health conditions, particularly in rural areas such as Pandeglang. This study explores a community-based model's impact on improving residents' well-being by fostering economic resilience, social cohesion, and health awareness. Through participatory approaches, including capacity-building programs, entrepreneurship training, and health education, this research aims to assess the effectiveness of community-driven initiatives in creating sustainable development. Data collection involves surveys, interviews, and field observations involving key stakeholders such as local government, community leaders, and beneficiaries. The findings indicate that active community participation, supported by strategic collaborations, significantly enhances economic productivity, strengthens social networks, and improves health outcomes. The study concludes that a well-structured community-based model is a sustainable framework for addressing socio-economic and health challenges in Pandeglang, providing valuable insights for policymakers and development practitioners.

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