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Contact Name
Yuli Andriansyah
Contact Email
yuliandriansyah@uii.ac.id
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+6285369607374
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jurnal.lariba@uii.ac.id
Editorial Address
Gedung K.H. A. Wahid Hasyim, Kampus Terpadu UII, Jl. Kaliurang KM 14,5, Besi, Sleman, DI Yogyakarta, 55584
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Daerah istimewa yogyakarta
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 237 Documents
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.
Inheritance across faiths in Muslim Minahasa families: Legal pluralism and cultural adaptation in Manado, Indonesia Luntajo, Mohammad Muzwir; Hasan, Faradila
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.art24

Abstract

IntroductionInheritance law in Islam traditionally prohibits inheritance between Muslims and non-Muslims. However, in the context of Muslim Minahasa families in Manado, Indonesia, interfaith dynamics within families challenge the strict application of this norm. Local customs emphasize familial unity and communal harmony, which often influence how inheritance is distributed, regardless of religious affiliation.ObjectivesThis study aims to explore how inheritance is distributed in Muslim families of Minahasa ethnicity when religious differences exist among heirs. It seeks to understand how Islamic inheritance law interacts with Minahasa cultural values and whether local customs override religious legal boundaries in favor of social cohesion.MethodThis research adopts a qualitative socio-legal approach, combining fieldwork and document analysis. Data were collected through in-depth interviews with five Muslim Minahasa families in the Lawangirung area of Manado and one mosque official. Additionally, selected inheritance court decisions were analyzed to understand how the legal system responds to interfaith inheritance cases in the local context.ResultsThe findings indicate that Muslim Minahasa families prioritize familial harmony over strict adherence to Islamic inheritance law. In cases where family members have different religions, inheritance is commonly distributed based on mutual agreement and moral obligation rather than formal legal guidance. Religious differences are not viewed as a disqualifying factor. Cultural values such as mapalus (mutual cooperation) and si tou timou tumou tou (the philosophy of living to empower others) play a central role in shaping inheritance practices. The application of wasiat wajibah (obligatory bequest) in court decisions provides a legal mechanism to accommodate non-Muslim heirs without fully departing from Islamic jurisprudence.ImplicationsThis study reveals a form of legal pluralism in which customary norms and religious values coexist and interact. It highlights the importance of cultural context in the interpretation and application of Islamic law. For policymakers, religious authorities, and legal practitioners, the findings offer valuable insight into alternative models of inheritance that prioritize social harmony in multi-religious families.Originality/NoveltyThis research contributes new knowledge to the discourse on Islamic law and legal pluralism by examining inheritance across religious boundaries within a culturally rich and religiously diverse community. It offers an ethnographically grounded understanding of how Minahasa Muslims reconcile Islamic principles with inclusive customary values, thereby promoting a harmonious legal and familial order.
Integrating voluntary religious contributions (nadzar) into interest-free loans (qardh): A case study of BMT Maslahah, East Java, Indonesia Syuhri, Saifuddin; Asnawi, Nur; Djalaluddin, Ahmad
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.art4

Abstract

IntroductionIslamic microfinance has increasingly recognized the potential of integrating voluntary religious contributions to address operational and financial sustainability challenges. However, empirical research exploring the specific integration of voluntary vows (nadzar) within interest-free lending (qardh) remains limited.ObjectivesThis study aims to empirically examine the operational integration and socio-economic impacts of incorporating nadzar into qardh financing at Baitul Maal Wa Al Tamwil (BMT) Maslahah in East Java, Indonesia.MethodThis research employed a qualitative case study approach, collecting data through structured interviews, participant observations, and document analysis. Data were analyzed using thematic analysis to identify operational practices, borrower perceptions, financial impacts, and socio-economic outcomes.ResultsFindings indicated that integrating nadzar contributions significantly enhanced institutional financial sustainability, borrower accountability, repayment discipline, and overall stakeholder welfare. Borrowers reported increased financial stability and stronger moral obligations, while the institution benefited from improved operational transparency, liquidity, and community trust.ImplicationsThe study demonstrates that voluntary religious contributions effectively address operational sustainability concerns, improve borrower accountability, and positively impact socio-economic outcomes. These findings provide practical guidance for Islamic financial institutions seeking ethical, sustainable financial models.Originality/NoveltyThis research contributes novel empirical insights by validating the practical integration of nadzar within qardh financing, addressing a notable gap in Islamic microfinance literature. It offers a replicable model for enhancing financial sustainability and ethical integrity within Islamic finance.
Murāqabah in practice: An ethnographic analysis of the Minangkabau Islamic Mato profit-sharing system in an urban Padang restaurant Rizki, Mulyani; Rusli, Ris’an; Barkah, Qodariah
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.art5

Abstract

IntroductionIndigenous profit-sharing arrangements rooted in Islamic ethics remain understudied, despite their prominence in Southeast Asian enterprises. The Minangkabau Mato system, practised in Padang restaurants, melds Qurʾānic ideals of justice with kin-based solidarity and continuous spiritual self-monitoring (murāqabah). Understanding whether such a relational model can thrive in competitive urban markets is critical for both cultural preservation and Islamic economic theory.ObjectivesThis study aims to (1) document in detail how Mato is implemented in a diaspora restaurant setting, (2) assess its economic and motivational effects relative to formal mudharabah contracts, and (3) evaluate the role of murāqabah as an endogenous governance mechanism.MethodAdopting an ethnographic design, the researcher spent twenty-four weeks immersed in a medium-sized Padang restaurant in Palembang. Data comprised participant observation during daily operations, twenty-three semi-structured interviews covering all functional roles, and an analysis of daily balance sheets and archival photographs. Transcripts and field notes were coded inductively and deductively in NVivo, yielding four integrative themes: Islamic-ethical foundations, sociocultural integration, worker perceptions, and cultural-preservation dynamics.ResultsTransparent daily splits and flexible profit ratios foster high psychological ownership, intrinsic motivation, and negligible staff turnover. The employees cited murāqabah as a powerful internal control that reduced opportunism and reinforced meticulous bookkeeping. During a nine-percent spike in commodity costs, consensual ratio adjustments prevented wage arrears—an agility unattainable under fixed-ratio mudharabah schemes. Branding Mato as “Profit-Sharing the Minangkabau Way” simultaneously enhanced customer loyalty and safeguarded cultural identity.ImplicationsThe findings position Mato as a viable template for community-based Islamic finance and highlight the policy need for legal pluralism that legitimizes indigenous models without eroding their relational strengths. Managers seeking value-aligned incentives may replicate daily open-table reconciliations, ratio elasticity, and devotional briefings to embed trust and resilience.Originality/NoveltyThis study provides the first in-depth ethnographic evidence of Mato in an urban service enterprise, demonstrating how murāqabah and flexible sharing ratios translate Islamic moral philosophy into day-to-day business sustainability, while advancing heritage-based competitive advantage.
Improving zakat management with QRIS: A system thinking approach to boost financial literacy and inclusion Sarasi, Vita; Nugraha, Denny Sidharta; Fadillah, Afrizal; Aulia, Sulthonul; Farras, Joval Ifghaniyafi; Fahri Setiono, Muhammad
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.art13

Abstract

IntroductionZakat management in Indonesia faces operational inefficiencies, low digital adoption, and limited financial inclusion, especially in underserved areas. The introduction of QRIS (Quick Response Code Indonesian Standard) as a digital payment system presents an opportunity to improve zakat collection, transparency, and accessibility. However, systemic barriers such as low zakat literacy, limited trust, infrastructure gaps, and regulatory challenges hinder optimal adoption. ObjectivesThis study aims to analyze the systemic factors influencing QRIS adoption in zakat management. It investigates how variables such as zakat literacy, digital literacy, user trust, infrastructure, and policies interact to affect digital zakat ecosystems in Indonesia.MethodThe research employs a System Thinking approach, utilizing qualitative methods including expert interviews, document analysis, and literature triangulation. A Causal Loop Diagram (CLD) is developed to map feedback loops among macro, micro, interface, and policy-level factors, enabling identification of leverage points for strategic interventions.ResultsFindings reveal that increasing zakat and digital literacy significantly enhances user trust and QRIS adoption, forming a reinforcing feedback loop. However, high transaction costs and inadequate infrastructure create balancing loops that impede adoption. Comparative insights from Malaysia, Pakistan, and Gulf countries support the importance of Shariah compliance and regulatory clarity in building trust.ImplicationsThis study highlights the need for integrated strategies combining financial and digital literacy programs, regulatory reforms, and infrastructure investments to promote equitable and sustainable digital zakat systems in Indonesia. It offers actionable insights for policymakers, Islamic financial institutions, and zakat organizations. Originality/NoveltyThis study contributes to the limited literature on digital zakat management by applying a System Thinking approach—an analytical method rarely used in Islamic finance. Using a Causal Loop Diagram (CLD), it visualizes dynamic interconnections and feedback loops between trust, cost, infrastructure, and Shariah legitimacy. This feedback-based framework offers a more holistic view than conventional linear models such as TAM or UTAUT, providing practical insights for improving Sharia-compliant financial inclusion.
Designing an integrated Halal value chain model for sustainable fisheries: A case study from northern coastal of Java, Indonesia Takhim, Muhamad; Ayuningtyas, Rosida Dwi; Fatchurrohman, M; Az Zahro , Firial Annasa
Journal of Islamic Economics Lariba Vol. 11 No. 2 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss2.art2

Abstract

IntroductionThe concept of the halal value chain has been widely applied in the food, logistics, and pharmaceutical sectors to ensure the halalness of products from upstream to downstream. However, the fisheries sector, particularly in the northern coastal region of Java, lacks an integrated halal value chain model that incorporates sustainability principles.ObjectivesThis research aims to design a contextual halal value chain model that combines halal and sustainability aspects at each stage of the fisheries value chain.MethodA case study-based qualitative approach is used with secondary data analysis from various official and academic sources. The analysis is conducted through content analysis, thematic synthesis, and mapping of halal critical points across five main stages: production, collection, processing, distribution, and consumption.ResultsThe findings indicate that business actors do not fully comprehend halal standards, lack effective halal logistics, and have a weak certification and supervision system. ImplicationsThe proposed model emphasizes the importance of halal control, the integration of economic, social, environmental, and health sustainability, and the active participation of local communities. This model is expected to increase the added value of fishery products, expand access to the global halal market, and strengthen the sustainability of the coastal fisheries sector.Originality/NoveltyThis research contributes to the development of the halal value chain theory in the context of the fisheries industry, providing applicable policy implications for strengthening the national halal economy.