cover
Contact Name
Rifadli Kadir
Contact Email
rkadir@iaingorontalo.ac.id
Phone
+6281243160577
Journal Mail Official
iefjournal@gmail.com
Editorial Address
Jl. Jendral Sudirman No. 65 A, Kota Gorontalo, Gorontalo, Indonesia
Location
Kota gorontalo,
Gorontalo
INDONESIA
Islamic Economics and Finance Journal
ISSN : -     EISSN : 2828559X     DOI : https://doi.org/10.55657/iefj
Core Subject : Economy,
The Islamic Economics and Finance Journal is a journal that provides an authoritative source of scientific information for researchers and scholars in academia, research institutions, government agencies, and industry. Published semiannually (February and August) by Scimadly Publishing. The editors receive scientific articles and research results that are relevant to contemporary Islamic economics and finance issues in the fields of; Islamic Public Economics, Islamic Monetary Economics, Islamic Business Economics, Islamic International Economics, Islamic Banking, Islamic Social Finance, and Islamic Development Economics.
Articles 38 Documents
Implementation of E-Business in Realizing Green Banking in Sustainable Islamic Banking: A Literature Study Melisa Putri; Muhammad Iqbal Fasa
Jurnal Ekonomi Islam Vol 3 No 2 (2024): August 2024
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v3i2.211

Abstract

Digital transformation in the banking industry has driven the implementation of e-business as a primary strategy in realizing green banking, especially in Islamic banking based on the principles of sustainability and fairness. Digitalization through internet banking, mobile banking, and electronic payment systems enables operational efficiency, reduced use of physical resources, and reduced carbon footprint. In addition to increasing financial inclusion, e-business also strengthens transparency and transaction security. However, its implementation faces various challenges, such as digital infrastructure readiness, data security risks, and adaptation to Islamic regulations. Therefore, a comprehensive strategy and policy support are needed to ensure that this transformation is in accordance with Islamic principles and supports sustainability goals. The success of e-business integration in green banking in Islamic banking is highly dependent on technological readiness, supportive regulations, and awareness and active participation from various stakeholders. With proper implementation, Islamic banking can not only increase its competitiveness in the digital era, but also contribute to a more inclusive, efficient, and environmentally friendly financial system. Therefore, further research is needed on the most effective policies and business models to ensure that digitalization in Islamic banking is in line with the principles of green banking and long-term sustainability.
The Role of Fintech and Green Investment in Driving Sustainable Transactions Cindi Safitri; Muhammad Iqbal Fasa
Jurnal Ekonomi Islam Vol 3 No 2 (2024): August 2024
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v3i2.212

Abstract

The role of fintech in driving sustainable transactions and green investments around the world is increasingly important as the need for environmentally friendly financial solutions increases. Fintech does this by making products and services more accessible and encouraging wider participation in the green economy. Financial technology, or fintech, through inclusive and effective digital platforms helps more people access green financing. Fintech technologies help reduce carbon footprints by replacing resource-intensive conventional financial processes with digital-based technologies. In addition, fintech encourages green investments by offering services such as crowdlending for renewable energy projects, tokenization of environmentally friendly assets, and desire-based portfolio monitoring applications. Partnerships between fintech, regulators, and the conventional financial sector are essential to building an ecosystem that supports the transition to a low-carbon economy. This article discusses the strategic role of fintech in driving global green investments and sustainable transactions, the issues faced, and opportunities to achieve the sustainable development goals (SDGs) in the future.
Utilizing Social Media as a Tool for Product Promotion to Boost Sales in E-Business Marketing Aryanti, Wanda Eflinda; Muhammad Iqbal Fasa
Jurnal Ekonomi Islam Vol 4 No 1 (2025): February 2025
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v4i1.214

Abstract

The development of technology today has accelerated rapidly, influencing many areas of human life, including the business world. Evolving technology has significantly changed human behavior in the modern era, especially with the rise of social media, which serves as a platform for sharing information and communicating between individuals. Today, social media has become like a second world for society. The widespread use of social media among the public creates a new market for businesses to market products digitally. This research analyzes various studies discussing similar themes, particularly the use of social media as a tool for digital marketing. The results aim to help the public understand that social media is one of the most effective methods for marketing a business because it can have a substantial impact at a low cost.
Analisis Permintaan Tahu di Kecamatan Tenggarong Kabupaten Kutai Kartanegara Sinaga, Ovigeria Subroto; Muhammad Badaruddin
Jurnal Ekonomi Islam Vol 4 No 1 (2025): February 2025
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v4i1.266

Abstract

Tofu is one of the most widely consumed foodstuffs in Indonesia. It is consumed by almost all levels of society. Tofu, made from agricultural products, namely soybeans, has been widely consumed by people since ancient times and its consumption is evenly distributed throughout Indonesia. The author is interested in examining how tofu consumption in Tenggarong sub-district, Kutai Kartanegara regency and wants to see the effect of tofu and tempeh prices as a comparison on tofu demand in Tenggarong sub-district. The results of the study indicate the influence of independent variables X1 and X2 in the regression equation Y = -50,178.37 + 20.48 X1 + 2,488.09 X2.
Green Sukuk sebagai Instrumen Pembiayaan Infrastruktur Berkelanjutan: Analisis Mekanisme dan Dampak Lingkungan Global Arshy Dhamayanti; Sarpini
Jurnal Ekonomi Islam Vol 4 No 1 (2025): February 2025
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v4i1.292

Abstract

This study analyzes the mechanism of green sukuk issuance to finance sustainable infrastructure projects in Indonesia and evaluates its global environmental impact, placing it within the principles of Islamic finance. Using a qualitative literature review approach, this study synthesizes data from academic journals, books, official reports, and institutional publications to dissect the structure of sukuk, including ijarah-based contracts through Special Purpose Vehicles (SPVs), and allocations to sectors such as renewable energy, sustainable transportation, and climate resilience. Key findings reveal Indonesia's pioneering role, exemplified by the world's first green sukuk worth USD 1.25 billion in 2018, which raised more than IDR 78.5 trillion in issuances by 2024 and prevented more than 10 million tons of CO2e emissions, primarily through transportation and energy projects. Empirical contributions highlight the effectiveness of green sukuk in mobilizing riba-free funds, attracting millennial investors (56% participation), and advancing Sustainable Development Goals, while underscoring challenges such as the limited availability of skilled human resources for transparent impact reporting. The implications emphasize the need to improve eligibility standards, diversify underlying assets, and certify human resources to maintain Indonesia's leadership in sharia-compliant sustainable finance, while offering a model for the global green transition.
Strategi Mempertahankan Pemasaran Unit Layanan Gadai Syariah Sultan Adam Banjarmasin dalam Meningkatkan Penjualan Jasa Produk Adib Mustanir; Zakky Zamrudi; Syahrial Shaddiq; S. Purnamasari
Jurnal Ekonomi Islam Vol 4 No 1 (2025): February 2025
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v4i1.293

Abstract

Human resources are a crucial asset for a company because they are responsible for making decisions and taking action in the company. Companies really want HR (Human Resources) who are talented, gifted, competent and classy. In implementing marketing strategies to maintain their business, creative and innovative power of workers or employees is needed in an institution, including at the Sultan Adam Banjarmasin Sharia Pawnshop Unit which always strives to ensure that the business being run can survive in the midst of competition like today with its strategies. The problem formulation in this study is how the marketing strategy of Pegadaian Sharia Service Unit Sultan Adam Banjarmasin in increasing sales of its product services. The purpose of this study is to analyze how the marketing strategy carried out by Pegadaian Sharia Service Unit Sultan Adam Banjarmasin in increasing sales of its product services so that it can survive. The research method used in this study is qualitative research with data collection techniques using observation, interviews, and documentation. The results of this study are the marketing strategy used based on three important factors as the basis of the marketing concept and at the same time as the basis of the marketing strategy in its marketing mix, namely: consumer orientation, coordination and integration within the company and gaining profits through consumer satisfaction.
Analisis Krisis Keuangan ASIA 1997: Penyebab, Dampak, dan Pemulihan Ekonomi di Indonesia Kadir, Rifadli D.
Jurnal Ekonomi Islam Vol 4 No 1 (2025): February 2025
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v4i1.295

Abstract

The 1997 Asian financial crisis had a profound impact on the economies of Asian countries, including Indonesia. The crisis began with the depreciation of Thailand's Baht, which spread to neighboring countries, destabilizing the economies of Indonesia, Thailand, and South Korea. A sharp decline in currency values, high interest rates, and a banking crisis led to economic uncertainty across sectors. The primary cause of the crisis was the "hot money bubble," a speculative capital flow, exacerbated by weak banking systems and reliance on an unstable exchange rate system. In response to the crisis, Indonesia borrowed from the IMF, which initiated a series of economic reforms, including macroeconomic stabilization and financial system reforms. Despite various reform efforts, the implementation faced significant challenges due to political instability and a lack of coordination among government institutions. The post-crisis recovery highlighted the importance of improved financial risk management and political stability for sustaining economic development. This article aims to provide a comprehensive understanding of the factors that led to the crisis, its impacts, and the recovery efforts undertaken in Indonesia after the 1997 crisis.
Pengaruh Kelompok UMKM Ternak Lele terhadap Peningkatan Pendapatan Masyarakat Desa Ulapato Asral Kelvin Sahrain
Jurnal Ekonomi Islam Vol 4 No 2 (2025): August 2025
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v4i2.296

Abstract

This study aims to analyze the influence of MSME groups (catfish farming) on increasing community income in Ulapato Village, Gorontalo Regency. Catfish farming has become one of the promising business sectors in rural areas, especially with the support of MSME group-based management. This research uses a quantitative approach with a survey method involving 80 respondents who are members of the catfish farming MSME group. Data were collected through questionnaires and interviews, then analyzed using simple linear regression analysis. The results showed that the catfish farming MSME group had a significant positive effect on increasing community income, with a regression coefficient of 0.758 and an R² value of 0.574, meaning that 57.4% of income variation could be explained by participation in the MSME group. The factors that influence include access to capital, production technology, marketing networks, and knowledge of catfish farming management. This study concludes that the existence of MSME groups plays an important role in improving the economic welfare of rural communities through increased income, skill development, and business network expansion.

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