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Fajar Sodik
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jbmibanking@gmail.com
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Fakultas Ekonomi dan Bisnis Islam, UIN Sunan Kalijaga Yogyakarta Jl. Laksda Adisucipto, Papringan, Caturtunggal, Depok, Sleman, DI Yogyakarta 55281, Indonesia
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Journal of Business Management and Islamic Banking
Published by Universitas Islam Negeri Sunan Kalijaga Yogyakarta
ISSN : ""     EISSN : 29642787     DOI : 10.14421/jbmib
Core Subject : Economy, Education,
Economics, Econometrics & Finance Education
Journal of Business Management and Islamic Banking (JBMIB) is an international journal which is published by the Department of Islamic Banking, Faculty of Islamic Economics and Business, State Islamic University (UIN) Sunan Kalijaga. This journal is designed to provide a forum for researchers/academicians and also practitioners who are interested in knowledge and in discussing ideas, issues, and challenges in the field of Islamic economics and business, Islamic finance, Islamic banking, management human resources and marketing management. In addition, this journal can contribute to solve the problem of the ummah, gap between theory and practice, etc.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 52 Documents
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The Impact of Artificial Intelligence (AI) Implementation on the Labor Market from the Perspective of Maqashid Syariah A'yuni, Kurratu; Fahrurrozi
Journal of Business Management and Islamic Banking Vol.4 No.2 (2025)
Publisher : UIN Sunan Kalijaga Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jbmib.2025.0402-05

Abstract

Research Aims: This study aims to analyze the impact of AI implementation on the labor market by integrating the Maqashid Syariah perspective as an ethical framework. Methodology: This research employed a qualitative approach with library research methods. Data was collected from journals, books, research reports, and academic publications. Analysis was conducted using content analysis through data reduction, presentation, and drawing conclusions. Research Findings: The implementation of AI has three main effects on the labor market: (1) productivity effect, namely increased efficiency, productivity, and work safety, (2) replacement effect, namely the shift in human roles due to automation, especially in routine work, and (3) recovery effect, namely the creation of new jobs that require high skills and digital competencies. AI increases productivity and opens up new job opportunities, but also raises challenges such as structural unemployment, skills gaps, and ethical implications. From the perspective of Maqashid Syariah, these impacts can be directed so that technological progress remains oriented towards the benefit through the principles of hifz al-mal (protection of property), hifz al-nafs (protection of life), and hifz al-'aql (protection of reason). Theoretical Contribution: This research integrates Islamic ethics in understanding the transformation of the digital labor market. Research limitation and implication: This research is limited to literature sources without empirical data support. The implications of this research can form the basis for formulating inclusive and sustainable employment policies.
Financial Arbitration: Comparative Perspectives on Islamic and Common Law Approaches Hassan, Abdiwahid
Journal of Business Management and Islamic Banking Vol.4 No.2 (2025)
Publisher : UIN Sunan Kalijaga Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jbmib.2025.0402-06

Abstract

ABSTRACT Research Aims: This paper aims to examine arbitration as a bridge between Islamic finance and international arbitration standards, identifying key areas of convergence and divergence and proposing harmonised solutions that uphold Sharia compliance while ensuring international enforceability. Design/methodology/approach: It evaluates Islamic arbitration frameworks, such as the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) Sharia Standard on Arbitration and the Asian International Arbitration Centre’s (AIAC, formerly KLRCA) i-Arbitration Rules, against established international benchmarks, including the United Nations Commission on International Trade Law (UNCITRAL) Model Law and the New York Convention. Research Findings: The analysis highlights key areas of convergence and divergence, revealing the complexities of integrating Sharia-compliant dispute resolution within the global legal context. Theoretical Contribution/Originality: The paper proposes practical strategies to harmonise Islamic arbitration practices with international norms, including clarifying and standardising Sharia principles, fostering wider acceptance of Islamic finance arbitration, and ensuring procedural compliance with Sharia and international arbitration frameworks. By doing so, the article argues that arbitration can provide an effective, credible, and globally compatible mechanism to resolve Islamic financial disputes. Research limitations and implications: This study is limited by its focus on comparative legal frameworks, primarily drawing from doctrinal analysis and literature. Review rather than empirical data. Nonetheless, the findings provide practical insights for policymakers, financial institutions, and legal practitioners in designing harmonized arbitration frameworks that align Sharia principles with international commercial standards.

Page 6 of 6 | Total Record : 52

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