cover
Contact Name
Nafiah
Contact Email
nafiah@insuriponorogo.ac.id
Phone
+6285735682845
Journal Mail Official
jief@insuriponorogo.ac.id
Editorial Address
Kampus Insuri Ponorogo Jln. Batoro Katong No. 32 Ponorogo
Location
Kab. ponorogo,
Jawa timur
INDONESIA
Indonesian Journal of Islamic Economics and Finance
ISSN : -     EISSN : 28081102     DOI : https://doi.org/10.37680/ijief
Core Subject : Economy, Social,
Indonesian Journal of Islamic Economics and Finance E-ISSN (28081102) is a journal wich is biannually issued and publishes new editions in June and December. The journal publisher is Institut Agama Islam Sunan Giri (INSURI) Ponorogo and managed by Departement of Islamic Economics INSURI. The publication of this journal is tightly-peer with a double bind reviewed process using Open Journal System (OJS) for the magazine. The journal can be accessed openly on the website.
Articles 164 Documents
Ai-Driven Predictive Analytics n the Metaverse Era: Forecasting Halal Consumption Trends within the Framework of Islamic Marketing Sibral Malasyi; Dwi Vita Lestari Soehardi; Yusrizal Yusrizal
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 2 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i2.9409

Abstract

This paper examines the integration of Artificial Intelligence (AI)-based predictive analytics and Metaverse in predicting halal consumption trends within the ethical and spiritual framework of Islamic marketing. The primary research question explores how AI-based predictive analytics can predict halal market trends while remaining aligned with Sharia principles and consumer trust. The novelty of this study lies in the integration of AI and immersive technology as an ethical tool to advance the global halal economy. Using a qualitative systematic literature review of Scopus-indexed publications from 2019 to 2025 (k = approximately 45 articles), the findings indicate that AI improves the accuracy of halal market predictions through big data processing, sentiment analysis, and digital consumer behavior modeling. Meanwhile, Metaverse introduces an immersive virtual environment that encourages halal engagement through blockchain-based certification and an interactive marketplace. Data synthesis revealed that young Muslim consumers prioritize an "ethical digital footprint" and blockchain-based supply chain transparency when interacting in virtual spaces. The main contribution of this research is the development of a Halal-Meta Predictive Framework (HMPF), which combines sharia principles with deep learning algorithms to mitigate the risk of Islamic legal uncertainty in virtual transactions. This research bridges technological innovation with Islamic ethical philosophy; practically, this research offers insights for developing sharia-compliant governance, marketing strategies, and digital transformation policies across the global halal economy. This research fills a theoretical gap regarding how religious identity transforms in the future digital ecosystem.
Opportunities and Challenges of the Shariah Film Industry in the Global Market Siregar, Nurintan; Yuliar, Saifuddin; Indra, Adam Malik; Herlinda, Herlinda
Indonesian Journal of Islamic Economics and Finance Vol. 6 No. 1 (2026)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v6i1.9408

Abstract

The sharia film industry is part from economy creative based values that have potential big for growing in the global market along with increasing request to content entertainment that prioritizes ethics, humanit, and spirituality. Research aim for analyze opportunities and challenges sharia film industry in global market dynamics and the implications to development economy global creative research this use approach qualitative descriptive with method studies bibliography. Data obtained from book scientific, articles journals and publications related film industry, economy creative, as well as film- based sharia values, which are analyzed use technique analysis content. Research results show that the sharia film industry has significant opportunity through digital platform support, growth the world's Muslim population, and the increasing interest towards value-based content. However thus, the industry This Still face challenge structural and cultural, such as limitations capital, sources Power humans, regulations, and global market perception tends to view sharia films as exclusive products. Research This conclude that development The sharia film industry requires an adaptive strategy that integrates sharia values with universal narrative, reinforcement ecosystem industry, as well as support sustainable policies to be able to empowered compete and contribute optimally in economy global creative. The Implications of this study suggest that policy makers must develop standardized Halal governance for the creative sector, while producers must move toward Values-based Storytelling to reach broader, non-Muslim audiences seeking ethical alternatives. Ultimately, this research provides a comprehensive roadmap for the Shariah film industry to evolve into a competitive, ethically-driven force within the global creative economy.
Transformational Leadership and Individual Performance in Military Personnel: The Mediating Role of Organizational Trust and Public Service Motivation Widodo, Dedyk Wahyu; Suryanto, Suryanto
Indonesian Journal of Islamic Economics and Finance Vol. 6 No. 1 (2026)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v6i1.9462

Abstract

This research is driven by the difficulty of boosting the individual performance of military people, especially Babinsa in territorial units, with more complicated tasks.  The purpose of this study is to analyse the effect of transformational leadership on individual performance both directly and indirectly through organizational trust and public service motivation as the mediating variables. This study adopts a quantitative technique with a population of 175 Babinsa staff in Kodim 0816/Sidoarjo. The data analysis was accomplished by the PLS-SEM technique using SmartPLS 4 software. The findings of this study show that transformational leadership has a positive and significant effect on individual performance, organizational trust, and public service motivation; organizational trust and public service motivation influence individual performance; furthermore, organizational trust and public service motivation are proven to have a positive and significant mediating effect on the relationship between transformational leadership and individual performance. Theoretically, this study has implications for the development of Social Exchange Theory and the mediating effects of organizational trust and public service motivation in military organizations. Practically, this study provides new insights for leaders in building trust and public service motivation to maximize personnel performance.
Does Bank Size Matter? A Comparative Study of Risk, Return and Efficiency in Islamic Banking Nurafini, Fira; Andrayuni, Arfiana Meilani
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 2 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i2.9556

Abstract

This study examines whether bank size influences differences in risk, return, and operational efficiency in Islamic commercial banks in Indonesia. Despite the rapid growth of the Islamic banking sector, performance disparities among banks remain evident, raising questions about the role of bank size in shaping financial outcomes. The aims of this study is to analyze the performance of Islamic banks based on their size classifications. This research employs a quantitative comparative approach using panel data from 12 Islamic commercial banks over the period of 2021–2025. Bank size is categorized into four groups based on core capital, while risk, return, and efficiency are measured using Non-Performing Financing (NPF), Return on Assets (ROA), and Cost to Income Ratio (CIR), respectively. The analysis utilizes non-parametric statistical methods, particularly the Kruskal–Wallis test, due to non-normal data distribution. The findings reveal significant differences in risk, return, and operational efficiency across bank size groups. Smaller banks tend to exhibit higher risk, lower profitability, and lower efficiency, while medium-sized banks demonstrate the highest profitability and better efficiency. However, larger bank size does not always guarantee superior performance, indicating the presence of other influencing factors. In conclusion, bank size plays an important but not exclusive role in determining Islamic bank performance, highlighting the need for effective risk management and operational strategies.