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Yuli Andriansyah
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jurnal.lariba@uii.ac.id
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INDONESIA
Journal of Islamic Economics Lariba
ISSN : 24774839     EISSN : 25283758     DOI : https://doi.org/10.20885/jielariba
Journal of Islamic Economics Lariba provides a platform for academicians, researchers, lecturers, students, and others having concerns about Islamic economics, finance, and development. The journal welcomes contributions on the following topics: Islamic economics, Islamic public finance, Islamic finance, Islamic accounting, Islamic business ethics, Islamic banking, Islamic insurance, Islamic human resource management, Islamic microfinance, Islamic capital market, and other relevant Islamic economic and financial studies.
Articles 25 Documents
Search results for , issue "Vol. 11 No. 1 (2025)" : 25 Documents clear
Strengthening whistleblower protection through legal reform and Islamic ethics in combating corruption in public institutions Ansori, Ansori
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art16

Abstract

IntroductionWhistleblowers serve as pivotal actors in exposing corruption within governmental and institutional systems. While Indonesia has formal legal instruments aimed at protecting whistleblowers, practical challenges persist, and public perception continues to discourage reporting. Despite Islamic ethical teachings that support moral intervention, cultural and institutional obstacles remain unaddressed. This study investigates whistleblower protection in Indonesia from both legal and Islamic economic perspectives.ObjectivesThe study aims to evaluate the effectiveness of whistleblower protection regulations in Indonesia, identify legal and institutional gaps, and explore how Islamic ethical principles can support and enhance existing mechanisms to promote ethical reporting and institutional accountability.MethodUsing a qualitative research approach, this study applies a structured literature review of statutory laws, academic publications, institutional documents, and comparative international frameworks. It integrates positive legal analysis with normative Islamic economic thought to assess the institutional and cultural readiness of Indonesia to protect and empower whistleblowers in corruption-related cases.ResultsThe study reveals that while legal frameworks such as Law No. 31 of 2014 offer formal protection, enforcement is weak, jurisdictional overlaps exist, and regional implementation is inconsistent. Institutions like the LPSK and KPK lack adequate coordination and resources, particularly outside Jakarta. Public stigma against whistleblowers remains high. Comparative analysis shows that countries with clear reporting procedures and strong enforcement offer better protection. Islamic ethical principles such as justice (adl), accountability (mas’uliyyah), and public welfare (maslahah) can serve as normative frameworks to strengthen public trust and ethical motivation for whistleblowing.ImplicationsThe findings suggest that whistleblower protection in Indonesia requires a multidimensional reform strategy involving legal precision, institutional capacity building, and cultural transformation. Incorporating Islamic values into education, legal discourse, and institutional governance may promote greater societal acceptance and operational effectiveness of whistleblower mechanisms.Originality/NoveltyThis study offers a unique contribution by synthesizing legal analysis with Islamic ethical principles to propose a hybrid framework for whistleblower protection. It highlights the necessity of culturally grounded legal reform in Muslim-majority contexts and provides actionable recommendations for legal, institutional, and educational policy development.
A qualitative case study on productive zakat and pentahelix-based empowerment: Insights from BAZNAS Malang Regency Minarni, Minarni; Slamet, Slamet; Munir, Misbahul
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art17

Abstract

IntroductionIn Indonesia, zakat is a critical Islamic social finance instrument aimed at poverty alleviation and community empowerment. While most zakat programs remain consumptive, the shift toward productive zakat offers a sustainable approach to improving economic welfare. However, empirical studies that examine its actual implementation and governance models are still scarce, particularly within the context of local zakat institutions in Indonesia.ObjectivesThis study investigates the implementation of productive zakat empowerment in Malang Regency by analyzing the role of the Pentahelix collaboration model—integrating government, academia, private sector, media, and community—in supporting the distribution and impact of zakat-based economic empowerment programs.MethodThis research adopts a qualitative case study design, focusing on BAZNAS Malang Regency as the unit of analysis. Data were collected through in-depth interviews with institutional stakeholders and triangulated with documentary analysis of zakat distribution reports from 2020 to 2024. The study utilizes an inductive analytical framework to examine how Pentahelix-based collaboration influences the effectiveness of productive zakat implementation.ResultsThe findings reveal that BAZNAS Malang Regency has made substantial progress in transitioning from consumptive to productive zakat programs through initiatives such as small-business capital provision and equipment distribution. These efforts, implemented across 33 subdistricts, have led to significant economic improvements for mustahiq, with an estimated 25% increase in income levels. Moreover, the study finds that the success of these programs is closely linked to multi-sector collaboration under the Pentahelix model, although disparities in stakeholder engagement and the absence of formal mentoring and evaluation frameworks remain.ImplicationsThe results highlight the potential of productive zakat as a tool for sustainable poverty alleviation and economic inclusion when combined with collaborative governance. The Pentahelix model provides a viable framework for institutionalizing such efforts, though further development is needed to ensure strategic alignment, measurable impact, and long-term sustainability.Originality/NoveltyThis study contributes to the growing literature on Islamic social finance by offering an in-depth case analysis of productive zakat practices supported by multi-stakeholder collaboration in Indonesia. It introduces a nuanced understanding of how zakat institutions can serve as developmental agents in achieving Islamic economic objectives beyond traditional charity models.
Optimizing financial management and reporting to increase accountability and transparency in Islamic boarding schools‎ Zahirah, Sayyidah Yasmin; Suhaedi, Wirawan
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art2

Abstract

IntroductionIslamic boarding schools, known as pesantren, play a pivotal role in religious and educational development across Indonesia. However, as their institutional complexity increases, so does the demand for improved financial accountability and transparency. While prior research has acknowledged the significance of ethical governance in faith-based institutions, there remains limited empirical exploration of how Islamic values are operationalized within pesantren financial management.ObjectivesThis study investigates how pesantren optimize financial governance and reporting mechanisms by integrating spiritual principles and centralized institutional practices to enhance accountability and transparency.MethodUsing a qualitative, phenomenological research design, the study was conducted at three pesantren in Mataram City, West Nusa Tenggara. Data collection involved in-depth interviews with key administrators, direct observations, and financial document analysis. Thematic analysis was used to interpret the data and identify core patterns of governance.ResultsThe findings reveal that financial accountability in pesantren is rooted in Islamic spiritual values such as amanah (trustworthiness), siddiq (honesty), barakah (blessing), and husnudzon (positive presumption). These values shape ethical conduct and foster internal trust among stakeholders. Centralized financial management systems, complemented by informal communication practices, support transparency and efficient resource allocation. However, challenges such as limited technological infrastructure and reduced local autonomy remain.ImplicationsThe study suggests that effective financial accountability in pesantren can be achieved through a culturally embedded approach that aligns spiritual values with structured governance. This alignment strengthens institutional credibility and supports sustainable development.Originality/NoveltyThis research contributes to the academic discourse by presenting a faith-based financial governance model rooted in Islamic ethics. It offers practical insights for educational institutions seeking to harmonize religious identity with professional accountability standards.
A normative ethical analysis of Islamic unit-linked insurance using the Maqasid Shariah framework of Abu Zahrah Kholis, Nur
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art18

Abstract

IntroductionIslamic unit-linked insurance (IULI) products are widely offered in Indonesia as financial instruments that integrate Shariah-compliant protection and investment features. While these products formally adhere to legal Shariah contracts, growing concerns have emerged regarding their operational alignment with Islamic ethical principles, particularly justice. Previous studies have focused on the legal structure of Islamic insurance, but few have assessed whether their practices fulfill the higher objectives of Islamic law (maqasid shariah), especially from a normative ethical perspective.ObjectivesThis study aims to evaluate the operational practices of Islamic unit-linked insurance in Indonesia through the lens of maqasid shariah as conceptualized by Abu Zahrah. It seeks to determine whether the structural compliance of IULI contracts also translates into ethical and social justice in practice, particularly in cost transparency, fund management, and participant equity.MethodUsing a normative qualitative approach, this study analyzed policy documents, fatwas issued by Indonesia’s Shariah authority, and cost structures of four major Islamic insurance providers. The analysis applied Abu Zahrah’s three-dimensional maqasid framework—spiritual integrity, justice, and public welfare—to assess the alignment between contract theory and actual implementation. Contractual, regulatory, and ethical aspects were examined in light of Islamic jurisprudence.ResultsThe study found that while the IULI contracts were formally Shariah-compliant, operational practices exhibited major ethical inconsistencies. These include disproportionate acquisition costs, ambiguous fund classification, and vague contract disclosures. The clause allowing "additional agreed-upon conditions" in regulatory fatwas was frequently exploited to introduce unjustified fees. These practices compromised the ethical foundation of IULI and undermined the maqasid objectives of wealth protection and justice.ImplicationsThe findings highlight a justice deficit in IULI implementation, signaling the need for stricter governance, transparent disclosure, and ethical oversight. Structural compliance must be complemented by ethical substance to preserve public trust in Islamic finance. This study calls for the institutionalization of maqasid-based performance criteria and regulatory reforms to uphold the values of Shariah in financial products.Originality/NoveltyThis research contributes a novel evaluative framework rooted in Abu Zahrah’s maqasid to assess the ethical validity of Islamic unit-linked insurance. By shifting the evaluative focus from formal legality to ethical substance, the study offers critical insights into aligning Islamic financial practices with the true spirit of Shariah.
Halal tourism potential in North Maluku: Synergy between culture, religion, and economy Kanaha, Ibnu; Kurniawan, Satunggale
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art19

Abstract

IntroductionNorth Maluku, a culturally rich province with deep Islamic roots, possesses significant potential for developing halal tourism. Despite its historical Islamic sites and vibrant religious traditions, this potential remains underutilized due to infrastructural limitations and fragmented policy support.ObjectivesThis study aims to analyze the development of halal tourism in North Maluku by examining the synergy between culture, religion, and economy. It further explores the roles of local stakeholders, assesses the empowerment of micro, small, and medium enterprises, and evaluates how global halal tourism trends influence strategic regional planning.MethodUsing a descriptive qualitative approach, the research involved in-depth interviews, participatory observation, and documentation across selected sites in North Maluku. Participants included religious leaders, government officials, tourism business actors, MSMEs, and local communities engaged in Islamic cultural practices.ResultsFindings reveal that the integration of local Islamic traditions into tourism offerings enhances destination authenticity and appeal. Government interventions remain partial but show commitment through the establishment of sharia-compliant facilities. Halal tourism has empowered MSMEs, yet challenges persist in aligning community-based models with halal standards due to knowledge gaps, resource constraints, and regulatory inconsistency. Global trends in Muslim travel offer strategic opportunities for North Maluku to position itself competitively within the halal tourism market.ImplicationsThis study contributes to the theoretical understanding of halal tourism as a culturally embedded, community-driven development model. Practically, it underscores the need for regulatory clarity, investment in training, and strategic marketing. For policymakers, it offers evidence-based recommendations for developing inclusive, sustainable, and globally oriented halal tourism strategies in underdeveloped regions.Originality/NoveltyUnlike previous studies that generalize halal tourism within urban or international contexts, this research offers a region-specific perspective that highlights the importance of cultural-religious synergy. It introduces a multidimensional framework where halal tourism functions as a tool for local empowerment, identity preservation, and regional economic development.
Empowering Sharia-based MSMEs and financial institutions to enhance the halal industry ecosystem‎ Arianty, Erny; Marsono, Marsono; Indrawati, Iin; Risnandar, Risnandar
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art12

Abstract

IntroductionIndonesia has considerable potential to become a global leader in the halal industry, supported by its large Muslim population, thriving micro, small, and medium enterprises, and expanding Islamic financial institutions. However, the country still struggles to translate this potential into competitive advantage. Challenges persist in halal product certification, Sharia-compliant financing, regulatory alignment, and digital integration.ObjectivesThis study aims to identify key strategies for strengthening the halal industry ecosystem by optimizing the roles of micro, small, and medium enterprises and Islamic financial institutions. It seeks to analyze the most urgent problems and prioritize strategic interventions to support national competitiveness in the global halal market.MethodA qualitative approach combining thematic analysis and the Analytical Hierarchy Process was used. Data were collected through in-depth interviews with representatives from micro, small, and medium enterprises, Islamic financial service institutions, government agencies, and academics. Thematic analysis identified core challenges and potential strategies, which were then ranked using the Analytical Hierarchy Process to determine their relative importance.ResultsThe findings reveal that the most pressing challenges include complex halal certification processes, limited awareness of international halal standards among business actors, inadequate digital readiness, and regulatory barriers that hinder Islamic financing. The most important strategy identified was simplifying the halal certification process, followed closely by streamlining financing procedures in Islamic financial institutions. Regulatory support emerged as the most critical factor for strengthening the halal industry ecosystem, while strategies related to human resource development and financial access also played significant roles.ImplicationsThe results offer practical recommendations for policymakers, particularly in improving regulatory frameworks and enhancing financial inclusion for halal-oriented micro, small, and medium enterprises. For financial institutions, the study highlights the need for inclusive, accessible, and digitally integrated Sharia financing schemes to reach underserved business actors.Originality/NoveltyThis study presents a novel integration of qualitative insight and hierarchical decision modeling to evaluate the ecosystem of the halal industry in Indonesia. By prioritizing strategic issues and solutions, the research provides a structured roadmap for aligning micro, small, and medium enterprises with Islamic financial institutions under national development goals.
The effect of Sharia green marketing and environmental awareness in fostering buying interest of Halal beauty product Marzuki, Sitti Nikmah; Kadir, Syahruddin
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art20

Abstract

IntroductionConsumers’ increasing concern for sustainability has created new demands for environmentally friendly products, particularly in the cosmetics industry. In Muslim-majority markets, Shariah-compliant green marketing has emerged as a strategic approach to align ethical values and environmental responsibility. However, limited studies have explored how environmental knowledge, word of mouth, and Shariah green marketing interact to influence purchase intention through the mediating role of environmental attitude.ObjectivesThis study investigates the direct and indirect effects of environmental knowledge, word of mouth, and Shariah green marketing on purchase intention, with environmental attitude as a mediating variable. It aims to contribute to the understanding of sustainable consumer behavior in a religious and ethical context.MethodA quantitative research design was adopted, utilizing a structured online questionnaire distributed to 260 Avoskin consumers. Data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The model assessed both measurement and structural components, including convergent validity, reliability, discriminant validity, path coefficients, and mediation analysis.ResultsThe findings show that Shariah green marketing had the strongest direct and indirect effects on purchase intention, followed by word of mouth. Environmental knowledge significantly influenced environmental attitude but did not directly affect purchase intention. Environmental attitude was confirmed as a key mediator in the relationship between the three exogenous variables and purchase intention.ImplicationsThe study highlights the critical role of environmental attitudes in bridging values-driven marketing with sustainable consumer behavior. It suggests that marketers should focus on emotional and ethical engagement to foster pro-environmental attitudes and stimulate purchase intention.Originality/NoveltyThis research enriches the current literature by integrating Islamic ethical marketing with sustainability discourse and consumer behavior theory. It offers new insights into how environmental and religious values jointly shape green purchasing behavior, particularly in emerging markets.
The development of Islamic finance literature in response to economic turbulence: A systematic review of financial stability strategies Pusparini, Martini Dwi; Fianto, Bayu Arie; Sukmaningrum, Puji Sucia; Mohd Dali, Nuradli Ridzwan Shah Bin
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art21

Abstract

IntroductionEconomic turbulence remains a persistent challenge globally, as evidenced by historical crises such as the Great Depression, the 2007–2009 Global Financial Crisis, Brexit, and the COVID-19 pandemic. These events have underscored the necessity for resilient and ethically sound financial frameworks. Islamic finance has gained attention as a viable alternative financial system, potentially offering enhanced stability during periods of economic instability.ObjectivesThis study systematically reviews existing literature on the development and responses of Islamic finance during various economic disturbances. It aims to identify how Islamic financial institutions adapt their strategies, products, and services in response to crises, and highlight areas for future research.MethodThe systematic literature review method was used, analyzing 76 academic articles published between 2007 and 2023 from high-quality journals (Q1 and Q2) indexed in the Scopus database. Articles were carefully screened using defined inclusion and exclusion criteria to ensure relevance to economic crises and Islamic finance.ResultsFindings reveal that Islamic financial markets and Islamic banking were the predominant topics, demonstrating varied responses to economic shocks. Islamic banks, employing profit-loss sharing models, exhibited resilience during economic downturns, though inefficiencies in profitability and capitalization were noted. Islamic financial markets, characterized by ethical investments and low leverage, provided diversification advantages but remained vulnerable due to limited portfolio diversity. Additionally, Islamic social finance tools such as zakat and waqf were beneficial in supporting economic recovery, especially during the COVID-19 crisis.ImplicationsThe study suggests that governments and policymakers should promote profit-loss sharing models in Islamic banking and encourage greater diversification in Islamic financial markets to enhance resilience. Additionally, Islamic social finance should be further integrated into economic recovery strategies to mitigate crisis impacts.Originality/NoveltyThis research uniquely synthesizes insights into the adaptive responses of Islamic financial institutions across historical economic crises, addressing a significant knowledge gap in Islamic finance literature. By providing comprehensive future research directions, it contributes valuable guidance for scholars, practitioners, and policymakers aiming to develop sustainable and resilient financial systems.
Centralized management of Islamic philanthropy at LAZISMU Banyumas: Enhancing welfare through community-based innovation in Indonesia Makhrus, Makhrus; Sulaeman, A.
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art22

Abstract

IntroductionIslamic philanthropy has great potential to improve the welfare of society, especially in Muslim-majority countries. However, the management of Islamic philanthropy funds is often fragmented, less transparent, and poorly coordinated, reducing its effectiveness. Therefore, an innovative management approach is needed, one of which is through a centralized system that can improve the efficiency, transparency, and accountability of Islamic philanthropy management.ObjectivesThis article aims to analyze the role of centralized systems in the management of Islamic philanthropy by explaining how management innovations can improve the effectiveness of the collection, distribution, and impact of Islamic philanthropic funds as practiced by community-based Islamic philanthropic organizations.MethodUsing a qualitative research with a descriptive approach, while techniques using structured interviews, observation, and documentation regarding the application of centralized management of Islamic philanthropic organizations. Data analysis is done qualitatively with deductive and inductive methods.ResultsThe innovation of Islamic philanthropy management using a centralized system has been able to improve the accountability and transparency of philanthropic fund management. The positive impact on community welfare can be seen through more targeted programs, such as education, da'wah, health, and economic empowerment. In addition, the level of public trust (muzaki and mustahik) in Islamic philanthropy institutions continues to increase due to digital reporting.ImplicationsThis study contributes to three areas: policy makers, where the government and religious authorities need to encourage the standardization of a centralized system for Islamic philanthropy. Islamic philanthropic organizations, to centralize and digitize to maintain transparency in the management of Islamic philanthropic funds. The public, increasing awareness of the importance of well-managed philanthropy by encouraging greater participation.Originality/NoveltyThis study contributes to adding to the literature in Islamic philanthropy management by focusing on centralized governance innovation, thus offering insight and understanding that innovation is an absolute institutional matter to maintain the sustainability of Islamic philanthropy organizations.
Exploring zakat payment intentions using the Theory of Planned Behavior among members of Muhammadiyah in Indonesia Syaputra, Ahmad Danu; Ardiansyah, Misnen; Sa'adah, Nurus
Journal of Islamic Economics Lariba Vol. 11 No. 1 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss1.art23

Abstract

IntroductionZakat plays a fundamental role in promoting economic justice and social welfare in Muslim communities. Muhammadiyah, as one of the largest Islamic organizations in Indonesia, actively manages zakat through its philanthropic institution. Despite this, zakat compliance remains uneven, prompting the need to understand what drives individuals' intentions to pay zakat within religious organizations.ObjectivesThis study aims to analyze the behavioral intentions to pay zakat among members of the Muhammadiyah organization. It specifically examines how attitude, subjective norms, and perceived behavioral control influence the intention to pay zakat, using the Theory of Planned Behavior as the guiding framework.MethodA quantitative approach was employed with a structured online questionnaire distributed to 200 members of Muhammadiyah. The data collected were analyzed using Structural Equation Modeling with the Partial Least Squares method to assess the relationships between the three behavioral constructs and zakat intention.ResultsThe findings reveal that perceived behavioral control and subjective norms significantly influence the intention to pay zakat among Muhammadiyah members. Perceived behavioral control emerged as the strongest predictor, indicating that the ability and convenience to pay zakat play a critical role. Subjective norms also had a notable positive impact, suggesting that social expectations and religious community influence enhance zakat intention. Contrary to common assumptions, attitude did not have a significant effect on behavioral intention in this context. The model explained 49 percent of the variance in zakat intention, demonstrating a moderate level of predictive power.ImplicationsThese results suggest that increasing zakat compliance in Islamic organizations such as Muhammadiyah requires strategies that enhance accessibility and social reinforcement. Strengthening the influence of religious leaders, promoting collective obligations, and improving ease of payment through institutional services can foster a stronger intention to fulfill zakat.Originality/NoveltyThis study contributes to the literature by applying the Theory of Planned Behavior to a specific religious organizational context. It provides new insights by highlighting that perceived control and normative influence are more decisive than individual attitudes in shaping zakat behavior among committed Muslim communities. This research offers a valuable reference for designing effective zakat campaigns and improving philanthropic engagement in Islamic institutions.

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