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Islamic Economics Methodology
Published by Smart Insights
ISSN : -     EISSN : 29858917     DOI : -
Core Subject : Religion, Economy, Science,
Religion Economics, Econometrics & Finance Library & Information Science
Islamic Economics Methodology adalah publikasi ilmiah yang diterbitkan oleh SMART Insight yang berada di bawah lembaga riset SMART Indonesia. Sharia Economic Applied Research and Training (SMART) adalah lembaga penelitian di Indonesia yang fokus pada riset seputar ekonomi dan keuangan Islam. Islamic Economics Methodology terbit dua (2) kali dalam 1 tahun.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 28 Documents
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Developing Green Waqf Model for Environmental Issues Rusydiana, Aam Slamet; Sukmana, Raditya; Laila, Nisful
Islamic Economics Methodology Vol. 2 No. 2 (2023): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v2i2.319

Abstract

The discussion on strengthening environmental issues for sustainable development is summarized in SDGs goal fifteen. On the other hand, waqf is an Islamic social fund instrument that has a sustainable nature and has relevance to SDGs, so it has the potential to be developed in its role in maintaining a more sustainable environment. This research seeks to look at waqf models that are relevant to the SDGs by prioritizing waqf models that can be implemented in Indonesia in line with SDGs goal 15 from the Maqasid al-Shariah perspective. Furthermore, this research proposes a model for realizing the 15th SDG goal, namely the preservation of terrestrial ecosystems based on waqf through a modified Green Waqf scheme
Biblioshiny-R Application to Map Hajj Management Research Puspita, Amelia Tri; Taufiq, Muhammad
Islamic Economics Methodology Vol. 2 No. 2 (2023): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v2i2.320

Abstract

Hajj is an act of worship that must be performed by all Muslims who have the ability both outwardly, inwardly, and also financially. The obligation to perform the Hajj is only done once in a lifetime. There is an external assessment that the management of the implementation of the Hajj pilgrimage has not been effective in terms of institutional aspects, financial management, and improvement of facilities and infrastructure in providing services to pilgrims. Therefore, there is a need for management of the Hajj pilgrimage as an effort to improve the system of organizing Hajj that is better, professional, and accountable. This study aims to determine the development map and trend of Hajj Management published by reputable journals. The data analyzed were more than 243 Google Scholar indexed research publications. The export data was then processed and analyzed using the R Biblioshiny application program to find out the bibliometric map of Hajj Management development. The results showed that We have identified two research networks in Hajj Management literature using co-occuerence network. These research networks are "Hajj" and "Crowd Management".
Halal Pharmaceutical Development in Indonesia Nekha , Aviyu
Islamic Economics Methodology Vol. 2 No. 2 (2023): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v2i2.353

Abstract

This study attempts to map research related to Halal pharmaceutical in Indonesia published by Dimensions indexed journals from 2006 to 2023. NVivo 12 Plus was used to conduct thematic studies and frequency was used to evaluate 109 publications in the scientific literature. The results found that there was a fluctuating number of publications from year to year related to Halal pharmaceutical research in Indonesia, indicating that this topic is an interesting topic and should continue to be developed. In addition, various foci of discussion and cluster analysis that describe research paths in Halal pharmaceutical research in Indonesia include Gelatin Source and Halal Pharmaceutical, Supply Chain Traceability in Indonesia Halal Pharmaceutical Industry, Halal Certification Challenges in Food and Pharmaceutical Industry, and Innovative Halal Alternatives in Pharmaceutical Formulations. This research can be used as a starting point for experts to build graphic visualizations of Halal pharmaceutical research patterns in Indonesia in published scientific research.
Islamic Crowdfunding: A Twitter Sentiment Analysis Hakim, Bashir Ammar
Islamic Economics Methodology Vol. 2 No. 2 (2023): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v2i2.354

Abstract

This research aims to measure public sentiment related to Islamic crowdfunding on the Twitter social media platform. The research method involves the extraction and classification of tweet data using a Python Library called VADER (Valence Aware Dictionary and Sentiment Reasoner). The research utilized tweet data posted in the past one year. The results showed fluctuations and decreases in the number of tweets discussing Islamic crowdfunding. Word cloud analysis on keywords shows that in positive sentiments, words such as "crowdfunding platform," "crowdfunding impact," "crowdfunding," "Islamic finance," and "inclusivity Islamic finance" dominate the visualization. Overall, the majority of tweets expressed a positive attitude towards Islamic crowdfunding, with 44.0% positive sentiment. A total of 47.2% of tweets showed neutral sentiment, while 8.7% showed negative sentiment. These results illustrate that people generally give positive support to the concept of Islamic crowdfunding, although there is still a small proportion of tweets that express less favorable views. This research provides valuable insights into people's perceptions and responses to Islamic crowdfunding in cyberspace.
Pros and Cons of Riba Interest Izza, Nadia Nurul; Al-Ayubi, Solahuddin
Islamic Economics Methodology Vol. 2 No. 2 (2023): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v2i2.355

Abstract

This study aims to ascertain attitudes concerning usury interest throughout the previous 29 years, from 1994 to 2022. This study employs a qualitative analysis method on secondary data in the form of metadata from 146 publications indexed by Scopus, which was then processed using SentiStrength and Microsoft Excel 2019. According to the sentiment analysis's findings, there is a significant amount 49,3% of neutral sentiment followed by 32,2% of negative sentiment and 18,5% positive sentiment in expert opinions on usury interest. The study's findings revealed that the tendency of usury interest in Islamic banking is still on the rise. According to the study, many different types of usury practices exist. Thus, practitioners, academia, and the government must continue educating and socializing people about usury-free economic methods that adhere to Islamic principles. These findings can be used as an example to educate the general public and society about usury interest and Islamic finance and economics.
Analytic Network Process on Early Warning Indicators for Financial System Stability Rani, Lina Nugraha; Hasib, Fatin Fadhilah
Islamic Economics Methodology Vol. 3 No. 1 (2024): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v2i2.520

Abstract

The purpose of this research is to find out the leading indicators of financial crisis from the perspective of expert practitioners, micro and macroeconomic sides; Based on the results of interviews with banking practitioner experts, related to the most important indicators of financial system stability in Indonesia, both microprudential and macroprudential criteria, both aspects are equally considered important and priority. However, from the practitioners' perspective, the microprudential aspect is a more important factor (0.506) than the macroprudential aspect (0.494). Macroprudential and Microprudential policies issued by Bank Indonesia as the central bank with full authority play an important role in maintaining Financial System Stability. The presence of the Financial System Stability Coordination Forum (FKSSK) which consists of several financial authorities is expected to be able to save the economic conditions of the Indonesian nation in the financial sector. For future research, this study is expected to be an initial step. For example, by further expanding the number of expert respondents who are not only from banking practitioners, but also from academics and policy makers.
MCDM Application on Indonesia Halal Food Development Strategy Algaisya, Annisa Yasrien; Rosadhillah, Valencia Kirana
Islamic Economics Methodology Vol. 3 No. 1 (2024): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v3i1.521

Abstract

This study tries to find strategies for the development of the halal food industry in Indonesia with one of the MCDM approaches, namely ANP. Based on the experts' answers, the results show that the biggest weight in the development of halal food in Indonesia is the strategy of strengthening the halal value chain ecosystem (0.33). Next are aspects of strengthening the local market (0.25) and aspects of institutional effectiveness (0.19). Last but not least is the product diversification strategy (0.16). Based on the results of this study, regulators can develop policies that support the establishment of halal centers as part of strengthening the value chain ecosystem. This can be done by providing fiscal incentives, technical assistance, and licensing that facilitate the establishment of halal centers. Then, regulators are expected to further encourage the standardization of domestic halal products by developing policies that facilitate the standardization process, including standard development, certification, and supervision of halal products.
Prioritizing Islamic Financial Literacy for MSMEs in Indonesia Tubastuvi, Naelati; Rusydiana, Aam Slamet
Islamic Economics Methodology Vol. 3 No. 1 (2024): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v3i1.522

Abstract

Islamic financial literacy in Indonesia is still quite low, when compared to financial literacy in general. This study aims to determine the priority of Islamic financial literacy in MSMEs in Indonesia. The method used in this research is Delphi, with research data coming from interviews with academics, practitioners and regulators of finance and Islamic economics in general, totaling 11 respondents. The results of the analysis found that there are 14 variables of Islamic financial literacy problems of MSMEs in Indonesia, and all variables have been agreed upon by economic experts. From the results of the calculation using the Delphi method, there are 3 main priorities for Islamic financial literacy of MSMEs in Indonesia, namely increasing the involvement of MSMEs as agents of Shariah financial literacy, expanding MSME access to the Islamic Financial Institutions (IFIs) sector, and encouraging IFI to develop simple and affordable products.
The Contribution of ZIS (Zakat, Infaq, & Sadaqah) to Poverty Alleviation in North Sumatra Province Batubara, Randi Hadamean; Utary Evy Cahyani
Islamic Economics Methodology Vol. 3 No. 1 (2024): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v3i1.530

Abstract

This study aims to see the development of research on the topic of "Zakat Poverty" and research plans that can be carried out based on journals published on the theme. This research uses a qualitative method with a bibliometric analysis approach. The data used is secondary data with the theme "Zakat Poverty" which comes from the Dimensions database with a total of 1,257 journal articles. Then, the data was processed and analyzed using the VosViewer application with the aim of knowing the bibliometric map of "Zakat Poverty" research development in the world. The results of the study found that in bibliometric author mapping the authors who published the most research on the theme of "Zakat Poverty" were Wildastuti; Tika; Johari; Fuadah; Beik; Irfan Syauqi; and Bahri; ES. Furthermore, based on bibliometric keyword mapping, there are 4 clusters that can become research lines with topics related to Zakat Poverty and Muslim Country, Zakat Poverty and Mustahik, Zakat Poverty and Effect, and Zakat Poverty and Cibest. Furthermore, the most used words are zakat, Muslim country, mustahik, effect, sustainable, Cibest, and SDGs.
The Influence of Profit Management, Transfer Pricing, and Capital Intensity on Tax Avoidance with Company Size as a Moderation Variable Fitriani, Riri; Taqi, Muhamad
Islamic Economics Methodology Vol. 3 No. 1 (2024): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v3i1.542

Abstract

This research aims to determine the effect of earnings management, transfer pricing, and capital intensity on tax avoidance with company size as a moderating variable. The research objects used in this research are manufacturing companies listed on the Indonesia Stock Exchange (BEI) in 2018-2023. This research is a type of quantitative research with multiple linear regression models and Moderated Regression Analysis (MRA). In selecting samples that met the criteria, 30 companies were obtained. This research uses secondary data based on manufacturing company financial reports obtained from the Indonesia Stock Exchange website and related company websites. Data processing was carried out using the SPSS 25 application program. Partial research results showed that earnings management had an effect on tax avoidance, transfer pricing had an effect on tax avoidance, capital intensity had no effect on tax avoidance while moderated regression analysis (MRA) testing showed that company size moderated the effect of earnings management on tax avoidance, company size cannot moderate the effect of transfer pricing on tax avoidance, and company size cannot moderate the effect of capital intensity on tax avoidance.

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