cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
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
Published by Cv. Scimadly Publishing
ISSN : -     EISSN : 2828559X     DOI : https://doi.org/10.55657/iefj
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 51 Documents
 2   3   4   5   6 
Pengembangan Potensi Dana Zakat Produktif Melalui Lembaga Amil Zakat Untuk Meningkatkan Kesejahteraan Masyarakat Ainun Nashih Syahbana
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.334

Abstract

This study aims to analyze the development of the potential for productive zakat funds through the strategic role of Zakat Management Institutions (LAZ) in improving community welfare. The method used is a qualitative approach in the form of a literature review (library research), analyzing various academic texts, previous studies, and regulations related to zakat management. The main findings indicate that LAZ plays a crucial role not merely as a charity distributor, but as a business incubator agent for mustahik through sharia-based business financing programs and continuous mentoring (actuating). The utilization of this productive zakat holistically contributes to improving the welfare of mustahik, both materially (economic independence) and spiritually. The implication of this study encourages LAZ and policymakers to prioritize fund allocation for economic empowerment programs and improve amil’s capacity in business mentoring to accelerate the social mobility of mustahik transforming into muzakki.
Hiwalah Sebagai Instrumen Mitigasi Gagal Bayar UMKM: Model Pengalihan Piutang Berbasis Koperasi Syariah Abid Nurhuda; Inamul Hasan Ansori; Nur Muhammad Lathif
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.v4i2.335

Abstract

Micro, Small, and Medium Enterprises (MSMEs) occupy a strategic position in Indonesia's economic structure, yet the financing they obtain is frequently accompanied by considerable default risk, particularly within sharia microfinance institutions and sharia cooperatives that serve as the primary source of capital for lower- and middle-tier business actors. This condition calls for a risk mitigation instrument that is not only commercially effective but also compliant with sharia principles, given that conventional collection approaches often conflict with muamalah ethics. This paper aims to formulate a conceptual model of receivables transfer based on the hiwalah al-haq contract as an instrument for mitigating MSME default risk within sharia cooperatives. The method employed is qualitative, using a literature study approach that examines the foundations of fiqh muamalah, fatwas of the National Sharia Council-Indonesian Ulama Council (DSN-MUI), and contemporary practices of the hiwalah contract in sharia financial institutions. The findings indicate that hiwalah al-haq can be adapted into a model for transferring collection rights from MSMEs facing payment difficulties to sharia cooperatives acting as muhal 'alaih, which then carry out collection professionally in exchange for a fixed ujrah, thereby avoiding riba and gharar practices commonly found in conventional factoring schemes. This model simultaneously realizes maqashid al-sharia in the form of property protection (hifdz al-mal) without compromising the dignity of debtors experiencing hardship.
Implementation of Sharia-Based Human Resource Management at Bank Syariah Indonesia KCP Surabaya MERR 2 Satunggale Kurniawan; Chusnul Chabibah Ilhama
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.v4i2.336

Abstract

This study examines the implementation of sharia-based human resource management (HRM) at Bank Syariah Indonesia (BSI) Sub-Branch Office Surabaya MERR 2. The rapid growth of Islamic banking in Indonesia requires institutions to manage human resources not only professionally but also in accordance with Islamic principles such as honesty, trustworthiness, justice, and responsibility. The objective of this research is to analyze how sharia values are integrated into HRM practices and to identify their impact on employee performance and service quality. This research employs a qualitative descriptive approach, with data collected through in-depth interviews, observations, and documentation. The findings indicate that sharia-based HRM has been systematically implemented across key functions, including workforce planning, recruitment and selection, training and development, performance appraisal, and compensation systems. Recruitment emphasizes both technical competence and moral integrity, while training programs combine professional skills with spiritual development. Performance evaluations are conducted objectively and transparently, reflecting the principle of fairness, and compensation is provided appropriately in accordance with sharia guidelines. The implementation of these values has positively influenced employee discipline, professionalism, and accountability, ultimately enhancing customer trust and satisfaction. This study contributes empirical evidence that sharia-based HRM can be effectively applied at the sub-branch level despite operational challenges and resource limitations, and it offers practical insights for strengthening Islamic HRM practices in the banking sector.
Financial Literacy, Legal Certainty, and FoMO in Gen Z Cryptocurrency Investment: Evidence from Surakarta Gandi Bahtiar Upangga; Haq Muhammad Hamka Habibie Habibie
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.341

Abstract

This study examines how financial literacy, digital currency investment laws, and the Fear of Missing Out (FoMO) attitude shape cryptocurrency investment decisions among Generation Z in Surakarta. Using a quantitative design, the analysis used multiple linear regression in SPSS 26. Respondents were selected using non-probability purposive sampling; application of the Lemeshow formula yielded a minimum of 96 participants, rounded up to 100. Data were collected via an online Google Forms questionnaire using a five-point Likert scale. The estimation results show that all three predictors—financial literacy, digital currency investment regulations, and FoMO—are positively and significantly associated with cryptocurrency investment decisions, whether tested individually or collectively. Among the three, financial literacy has the greatest impact, investment regulations rank second, and FoMO contributes the least. The model explains 80.6% of the variation in investment decisions. By integrating cognitive, structural, and psychosocial dimensions into a single framework within the context of young investors in medium-sized cities, this study enriches the behavioral finance literature. The findings suggest that strengthening financial literacy alongside legal certainty is key to fostering more rational investment behavior among the younger generation.
Sharia Financial Literacy and Riba-Based Digital Loan Interest: A PLS-SEM Mediation Analysis Alfa Rohmatin; Sity Komalla
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.342

Abstract

This study empirically analyzes the effect of Islamic financial literacy on university students' interest in using usurious online loans, while examining the mediating role of consumer behavior within this structural framework. This quantitative study used a classroom-based survey design with purposive sampling and involved 180 active Generation Z students at STIT Al-Azami Cianjur. Data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) in SmartPLS 4. The results reveal that Islamic financial literacy has a direct, positive, and significant effect on both consumer behavior and interest in usurious online loans. Conversely, consumer behavior has no significant effect on interest in usurious online loans and does not serve as a mediating variable, resulting in a no-mediation model. These findings provide novel empirical evidence on the literacy paradox phenomenon, in which mastering Islamic theoretical knowledge at the cognitive level increases students' perceived behavioral control and technical familiarity in navigating digital financing applications. Furthermore, the absence of a mediating role proves that borrowing decisions on non-Islamic platforms are not driven by wasteful habits or hedonistic lifestyles, but are instead triggered by direct cognitive calculations when facing financial fragility and emergency funding needs. The implications of this study call for a reorientation of financial education strategies in higher education, shifting from theoretical knowledge transfer to instilling self-control and building internal Islamic-based financial assistance ecosystems.
Efektivitas Penggunaan Sistem Informasi Manajemen Al Amili dalam Pengelolaan Dana ZISKA Zulfikar Ali Ahmad; Ivan Diva Al Mustova; Asiah Wati; Haq Muhammad Hamka Habibie
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.344

Abstract

This study discusses the usage and effectiveness of the Al Amili SIM in the management of ZISKA funds at LAZISMU, Sukoharjo Regency. The purpose of this study is to find out the usage of Al Amili and how effective it is. This research uses primary and secondary data sources. Data collection techniques with interviews, observations, and documentation. Data analysis with data collection, data reduction, data presentation, and drawing a conclusion.  The results of the study show that the use of SIM Al Amili is in accordance with the provisions of the Standard Operating Procedures of LAZISMU Central Java Province. Based on the perspective of the Technology Organization Environment theory, the use of SIM Al Amili at LAZISMU Sukoharjo Regency is effective because users feel that it is very helpful and facilitates the process of processing financial data from the beginning of collection and distribution, as well as its use is more flexible. 
Efektivitas Sistem Digitalisasi dalam Akselerasi Pendapatan Asli Daerah Nurul Qalbi Insaniah; Nurul Fuada; Indriana
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.346

Abstract

The digital transformation of public services is a strategic priority to enhance governmental efficiency and transparency. This study analyzes the implementation of the E-BPHTB system in Gowa Regency and its impact on Local Own-Source Revenue (PAD) using the Technology Acceptance Model (TAM) framework. The study used a descriptive qualitative approach, drawing on interview data, observations, and annual transaction reports from 2022 to 2024. The findings indicate that the E-BPHTB system significantly enhances operational efficiency by reducing document processing time from three days to one or two days. Furthermore, the system improves transparency and accountability, contributing to a 22.21% increase in transaction volume by 2023. Despite initial target fluctuations due to the implementation of the Land Value Zone (ZNT) regulation, the system has proven effective in minimizing tax leakage and sustaining revenue growth. It is concluded that the E-BPHTB system is a critical catalyst for fiscal independence, provided there is continuous commitment to infrastructure and human resource development
Analisis Kinerja Keuangan Bank Umum Syariah di Bursa Efek Indonesia: Perspektif Pendekatan Kontemporer Muh Rifkiadi Nasir; Muryani Arsal; Sahrullah
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.347

Abstract

This study analyzes the performance of Islamic Commercial Banks listed on the Indonesia Stock Exchange (IDX) for the 2022–2025 period using the contemporary Maqashid Sharia Index (MSI) approach. Traditionally, banking health assessments have focused mainly on profitability and conventional financial ratios. In contrast, the existence of Islamic financial institutions demands a balance between business achievements and the holistic realization of Sharia objectives. This study employs a quantitative descriptive method by evaluating the annual reports of four sample banks PT Bank Syariah Indonesia Tbk (BRIS), PT Bank BTPN Syariah Tbk (BTPS), PT Bank Panin Dubai Syariah Tbk (PNBS), and PT Bank Aladin Syariah Tbk (BANK), based on the three main dimensions of Maqashid Sharia: Tahdzib al-Fard (individual education and human resource development), Iqamah al-'Adl (upholding justice and governance), and Jalb al-Maslahah (creation of public interest and societal welfare). The results show that each bank exhibits diverse performance characteristics; BRIS excels in scale and comprehensive stability, BTPS is strong in microeconomic empowerment, and PNBS and BANK focus on enhancing competitiveness through digital innovation. Overall, the use of the Maqashid Sharia Index provides a more comprehensive performance evaluation by integrating financial aspects with the level of Sharia compliance and tangible contributions to public welfare.
Pengaruh Kinerja Keuangan Terhadap Nilai Saham PT Astra Agro Lestari Tbk di Bursa Efek Indonesia Periode 2020–2024 Andi Asti Astagina; Abdul Mutalib; Sahabuddin N
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.348

Abstract

This study aims to examine the effect of financial performance, specifically measured through the Current Ratio (CR), Debt to Assets Ratio (DAR), and Earnings Per Share (EPS), on the stock price of PT Astra Agro Lestari Tbk listed on the Indonesia Stock Exchange (IDX) for the 2020–2024 period. The research uses a quantitative associative approach and secondary data from the company's annual financial reports, with analysis conducted through multiple linear regression using SPSS version 26. The results show that, partially, the Current Ratio (CR) and Debt to Assets Ratio (DAR) have a positive and significant effect on the stock price, whereas Earnings Per Share (EPS) has a significant effect with the negative direction. Simultaneously, CR, DAR, and EPS collectively exert a significant influence on the stock price, with an adjusted coefficient of determination (R2) of 86.1%, confirming that the regression model possesses a strong capability in explaining the variations in the stock price.
Dinamika Kinerja Keuangan: Pengaruh Profitabilitas, Leverage, dan Likuiditas Terhadap Laba Bersih Sektor Non-Primer Ainun Nabila; Amir; Andi Arman
Jurnal Ekonomi Islam Vol 5 No 1 (2026): February 2026
Publisher : Scimadly Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55657/iefj.v5i1.349

Abstract

This study analyzes the effect of profitability (ROA), leverage (DER), and liquidity (CR) on net income in non-primary consumer goods sector companies listed on the Indonesia Stock Exchange (IDX) for 2021–2024. Using a quantitative method with purposive sampling, this study obtained 44 observation data points and analyzed them using multiple linear regression. The partial test results (t-test) indicate that profitability has a positive and significant effect on net income, liquidity has a negative and significant effect, while leverage has no significant effect. Simultaneously, all three variables significantly affect net income with a coefficient of determination (R Square) of 42.5%, while the remaining 57.5% is influenced by other factors outside the research model. These findings highlight the importance of optimizing asset management efficiency and preventing idle cash to sustainably maximize net income performance.

Page 5 of 6 | Total Record : 51

 2   3   4   5   6 

Filter by Year

2022 2026


Reset
Filter By Issues
All Issue Vol 5 No 1 (2026): February 2026 Vol 4 No 2 (2025): August 2025 Vol 4 No 1 (2025): February 2025 Vol 3 No 2 (2024): August 2024 Vol 3 No 1 (2024): February 2024 Vol 2 No 2 (2023): August 2023 Vol 2 No 1 (2023): February 2023 Vol 1 No 2 (2022): August 2022 Vol 1 No 1 (2022): February 2022