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IJED: International Journal of Economy Development Research
Published by Universitas Nurul Jadid
ISSN : 2829257X     EISSN : 29854008     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
IJED: International Journal of Economy Development Research is published by the Faculty of Islamic Studies at Nurul Jadid University. The journal aims to provide a platform for the dissemination of advanced research in the field of economic development. It welcomes contributions that explore, analyze, and discuss various dimensions of economic growth, policy analysis, development strategies, and socio-economic transformations at both the national and global levels. The scope of the journal covers, but is not limited to, the following areas: 1) Economic Growth and Development, 2) Development Policy and Strategy, 3) Poverty and Inequality, 4) Globalization and Trade, 5) Sustainable Development, 6) Innovation and Technology, 7) Finance and Development, 8) Regional and Urban Development, 9) Public Sector Economics.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 5 Documents
 1 
Search results for , issue "Vol 5, No 1 (2026)" : 5 Documents clear
Green Economic Transformation and SDGs Achievement: Evidence from Malaysia Binti Omar, Siti Aishah; Idris, Ibrahim bin
IJED: International Journal of Economy Development Research Vol 5, No 1 (2026)
Publisher : Universitas Nurul Jadid

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33650/ijed.v5i1.15202

Abstract

This article aims to analyze the transformation of the green economy in Malaysia in support of the achievement of the Sustainable Development Goals (SDGs). The focus of the study is directed at energy transition policies, the development of green technology, sustainable investment, and their contribution to low-carbon economic growth. This study uses a qualitative-descriptive approach based on literature study by examining policy documents, sustainable development reports, and academic literature related to the green economy in Malaysia. The findings show that Malaysia has demonstrated strategic commitment through the National Energy Transition Roadmap, Malaysia Renewable Energy Roadmap, as well as low-carbon development policies geared towards increasing renewable energy, energy efficiency, and strengthening green industries. However, the implementation of the green economy still faces challenges in the form of dependence on fossil energy, large investment needs, technology gaps, and cross-sectoral policy coordination. This article concludes that green economic transformation in Malaysia is instrumental in accelerating the achievement of the SDGs, especially SDG 7, SDG 8, SDG 9, SDG 12, and SDG 13, but its success is highly dependent on policy consistency, green financing, technological innovation, and private sector participation.
Green Investment and Sustainable Economic Growth: A Comparative Study of Singapore and Indonesia suhaila, nurul; Gani, Adnan Kapau; Aleena, Adaline
IJED: International Journal of Economy Development Research Vol 5, No 1 (2026)
Publisher : Universitas Nurul Jadid

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33650/ijed.v5i1.15267

Abstract

Green investment has become a strategic instrument for promoting sustainable economic growth in the era of climate change, environmental degradation, and global sustainability commitments. This article examines the role of green investment in supporting sustainable economic growth through a comparative study of Singapore and Indonesia. Singapore represents a highly developed economy with strong financial governance, advanced sustainable finance regulation, and a clear national agenda through the Singapore Green Plan 2030. Indonesia, on the other hand, represents a large emerging economy with abundant natural resources, high development needs, and growing sustainable finance policies, including the Taxonomy for Indonesian Sustainable Finance. Using a qualitative-comparative approach based on policy analysis and literature review, this study explores how both countries mobilize green investment to support low-carbon transition, renewable energy, green finance, and sustainable development. The findings show that Singapore’s strength lies in its role as a regional green finance hub, regulatory readiness, and institutional capacity, while Indonesia’s strength lies in its large-scale green project potential, renewable energy resources, and domestic development demand. However, both countries face different challenges. Singapore faces limitations in land, energy resources, and domestic project scale, while Indonesia faces challenges related to financing gaps, regulatory coordination, fossil fuel dependence, and implementation capacity. This study concludes that green investment can accelerate sustainable economic growth when supported by strong governance, clear taxonomy, policy consistency, private-sector participation, and regional cooperation.
Sustainable MSME Development and Inclusive Economic Growth: Evidence from Thailand Siriphan, Nattapong; Kerdsuk, Sornchai
IJED: International Journal of Economy Development Research Vol 5, No 1 (2026)
Publisher : Universitas Nurul Jadid

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33650/ijed.v5i1.15285

Abstract

This study examines the role of sustainable micro, small, and medium enterprise (MSME) development in promoting inclusive economic growth in Thailand. MSMEs are vital to Thailand’s economy because they generate employment, support local livelihoods, strengthen rural economies, and contribute to national competitiveness. However, MSMEs also face challenges related to digital transformation, access to finance, environmental sustainability, market competition, and post-pandemic recovery. Using a qualitative-descriptive approach based on literature review and policy analysis, this study explores how sustainable MSME development contributes to inclusive economic growth. The findings show that sustainable MSMEs can support employment creation, poverty reduction, women’s economic participation, digital entrepreneurship, local innovation, and environmentally responsible production. However, the effectiveness of MSME development depends on stronger policy coordination, access to green finance, digital literacy, market access, and capacity-building programs. This study concludes that MSMEs in Thailand can become a strategic driver of inclusive and sustainable growth when supported by innovation, sustainability-oriented policies, and inclusive financial ecosystems
Islamic Social Finance and Sustainable Development Goals: Evidence from Indonesia Hidayatullah, Muh Hidayatullah; Qosim, Nanang
IJED: International Journal of Economy Development Research Vol 5, No 1 (2026)
Publisher : Universitas Nurul Jadid

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33650/ijed.v5i1.15265

Abstract

Islamic social finance has increasingly become an important instrument for supporting sustainable development, particularly in Muslim-majority countries such as Indonesia. This study aims to examine the role of Islamic social finance in contributing to the achievement of the Sustainable Development Goals (SDGs) in Indonesia. The main instruments discussed in this paper include zakat, infaq, sadaqah, waqf, and Islamic philanthropic funds. Using a qualitative descriptive approach based on literature review and policy analysis, this study explores how Islamic social finance supports poverty reduction, social welfare, financial inclusion, education, health, and community economic empowerment. The findings indicate that Islamic social finance has strong potential to contribute to several SDGs, especially SDG 1 on poverty alleviation, SDG 2 on zero hunger, SDG 3 on good health and well-being, SDG 4 on quality education, SDG 8 on decent work and economic growth, and SDG 10 on reduced inequalities. However, its implementation still faces challenges, including institutional fragmentation, limited digital integration, low public literacy, and the need for stronger governance and accountability. This study concludes that Islamic social finance can serve as a complementary development financing mechanism in Indonesia if supported by effective regulation, institutional collaboration, digital innovation, and transparent fund management.
Digital Financial Inclusion and Poverty Reduction in the SDGs Era: A Study in Indonesia Rudianto, Anis Rudianto; ghufron, Muhammad; Mustapa, Nurul
IJED: International Journal of Economy Development Research Vol 5, No 1 (2026)
Publisher : Universitas Nurul Jadid

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33650/ijed.v5i1.15214

Abstract

This study examines the role of digital financial inclusion in reducing poverty in Indonesia within the framework of the Sustainable Development Goals (SDGs). Digital financial inclusion is increasingly viewed as a strategic instrument for expanding access to formal financial services, particularly for low-income households, micro-enterprises, rural communities, women, and previously unbanked populations. Indonesia provides an important case because the country has experienced rapid digital financial transformation through mobile banking, e-wallets, QRIS, branchless banking, fintech lending, and digital government-to-person payments. At the same time, poverty reduction remains a central development agenda. BPS reported that Indonesia’s poverty rate declined to 8.47 percent in March 2025, equivalent to 23.85 million people, and further declined to 8.25 percent in September 2025, equivalent to 23.36 million people. Using a qualitative-descriptive approach supported by secondary data from BPS, OJK, Bank Indonesia, World Bank, and relevant academic literature, this study analyzes the mechanisms through which digital financial inclusion contributes to poverty reduction. The findings indicate that digital financial inclusion supports poverty reduction through four main pathways: expanding access to savings and payments, improving access to productive credit, strengthening micro and small enterprises, and increasing the efficiency of social assistance distribution. However, the study also finds that digital financial inclusion does not automatically reduce poverty unless supported by digital literacy, consumer protection, equitable infrastructure, affordable internet access, and inclusive regulatory frameworks. OJK’s 2024 national survey showed Indonesia’s financial literacy index at 65.43 percent and financial inclusion index at 75.02 percent, indicating progress but also a remaining gap between access and effective use.mThe study concludes that digital financial inclusion can become a powerful SDGs-oriented poverty reduction instrument in Indonesia when it is integrated with inclusive economic policy, MSME empowerment,  social protection reform, and digital capability development. The main contribution of this article is to position digital financial inclusion not merely as a technological innovation, but as a development strategy that must be socially embedded, institutionally regulated, and directed toward distributive justice.

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