cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Popon Srisusilawati
Contact Email
po2nss@gmail.com
Phone
+6281323262669
Journal Mail Official
amwaluna@unisba.ac.id
Editorial Address
Syariah Faculty, Universitas Islam Bandung Jalan Tamansari No. 24-26 Kota Bandung
Location
Kota bandung,
Jawa barat
INDONESIA
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Published by Universitas Islam Bandung
ISSN : 25408399     EISSN : 25408402     DOI : 10.29313/amwaluna
Core Subject : Economy,
Economics, Econometrics & Finance
Amwaluna : Jurnal Ekonomi dan Keuangan Syariah is an academic journal published twice annually (January-July) by Syariah Faculty of Universitas Islam Bandung in cooperation with Asosiasi Pengajar dan Peneliti Hukum Ekonomi Islam Indonesia (APPHEISI). This journal publishes original researches in multi concepts, theories, perspectives, paradigms and methodologies on syariah economic studies. The scope of Amwaluna : Jurnal Ekonomi dan Keuangan Syariah are (but not limited to): (1) Islamic banking; (2) Syariah Financial; (3) Muamalah; (4) Economic Islam ;(5) Economic ;(6) Accounting; (7) Finance. Any submitted paper will be reviewed by reviewers. Review process employs Double-blind Review that the reviewer does not know the identity of the author, and the author does not know the identity of the reviewers. Amwaluna : Jurnal Ekonomi dan Keuangan Syariah has become a CrossRef Member since the year 2017.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 122 Documents
 9   10   11   12   13 
Islamic Legal Justice and The Challenges of International Trade Liberalization Roy, Royani; Mahmud, Mahmud; Rosadi, Aden; Setiawan, Iwan
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.4119

Abstract

International trade liberalization creates significant structural imbalances in Muslim-majority countries, primarily evident in the unequal distribution of trade benefits and the exploitation of resources. The key problem is the lack of an evaluation framework that combines Islamic justice principles (‘adl) with modern trade data to measure how liberalization policies impact Muslim communities. This study examines the compatibility of international trade liberalization with Islamic economic values and develops a practical evaluation model for the design of trade policies in Muslim countries. Unlike earlier studies, it creates a new analytical framework that integrates the three dimensions of justice in Islam (distributive, procedural, and corrective justice) with current trade indicators, using a qualitative approach and systematic literature review, supplemented with contemporary Islamic interpretations of trade in the Quran and hadith. The research introduces the "Islamic Just Trade Model," offering a fresh perspective on relevant Quranic verses (Al-Baqarah: 275 and An-Nisa: 29) for today’s global trade. Findings indicate that while Islam supports international trade for economic growth, uncontrolled liberalization conflicts with core Islamic values of justice, equality, and social welfare. The study identifies five practical indicators to assess fairness in international trade according to Islamic principles: Bilateral Benefit Balance Index, Strategic Sector Protection Index, Trade Profit Distribution Index, Environmental Sustainability Index, and Social Welfare Index, providing Muslim countries with policy tools to design trade strategies in line with Sharia and address structural inequalities from global trade liberalization.
Problem and Solution Decomposition KSPPS Baitul Maal wa Tamwil in Maintaining the Sustainability of MSMEs Nasrulloh, Agus Ahmad; Marlina, Lina; Nurhasanah, Elis; Joni
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.4867

Abstract

This study analyzes the problems and solutions faced by KSPPS Baitul Maal wa Tamwil (BMT) in supporting the sustainability of Micro, Small, and Medium Enterprises (MSMEs) in Tasikmalaya. Using the Analytic Network Process (ANP) method and involving nine expert respondents from academic, practitioner, and regulatory backgrounds, the study identifies key internal and external challenges. The most dominant internal issue is the low quality of human resources, while the main external problem is the lack of public literacy and awareness of Islamic finance. Solutions include improving HR competence through Islamic economics training and implementing effective regulations for BMTs and the community. The study highlights the effectiveness of the ANP method in mapping issues and offers both theoretical and practical implications. Key recommendations are digital infrastructure development, stronger supervision from regulators, and collaboration with educational and religious institutions to strengthen public trust and financial literacy in the Islamic microfinance sector.
The Impact of Boycott Calls on West Java Muslim Investors' Intentions to Invest in Unilever Stock Utami, Suci Aprilliani; Rosida, Rida
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.4969

Abstract

This study aims to examine the impact of boycott calls on Muslim investors' intentions to invest in Unilever stock, by analyzing how attitudes, subjective norms, perceived behavioral control, and expected return influence investment intentions. The study also investigates whether Islamic religiosity moderates these relationships. The boycott calls refer to public campaigns urging Muslims to avoid investing in or purchasing products from companies affiliated with Israel, such as Unilever. A total of 215 Muslim investors in West Java participated in this quantitative study using a causal descriptive research design. Data were analyzed using SEM-PLS through the SmartPLS 4 application. The findings indicate that attitudes, perceived behavioral control, and expected return have a positive and significant effect on investment intentions, while subjective norms do not. Islamic religiosity was found to moderate only the relationship between perceived behavioral control and investment intention, weakening its influence. The boycott context acts as an underlying factor that shapes investors' perceptions, especially regarding moral and religious concerns. The results offer practical implications for institutions such as the Indonesian Ulema Council (MUI) to provide accurate guidance to Muslim investors regarding companies associated with geopolitical or religious controversies.
Corporate Zakat and Shareholders: Conceptual Analysis and Implementation Efendi, Nur; Mukhlas, Oyo Sunaryo; Khosyi'ah, Siah
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.5499

Abstract

This This article aims to analyze the conceptual framework of corporate zakat and critically examine its foundations in Islamic law and positive law, as well as the role of shareholders in corporate zakat decision-making. Furthermore, the article also explores the practical challenges in the implementation of corporate zakat in Indonesia.  In Islamic law, corporations are categorized as syakhshiyyah i’tibariyyah (legal persons), making them subject to zakat obligations similar to individuals. In Indonesia, various legal instruments formally recognize corporate zakat; however, implementation faces challenges such as low compliance, ineffective regulation, and limited shareholder participation. This study employs a normative qualitative approach, focusing on the examination of positive legal norms and Sharia values. The research is conducted through library research by reviewing contemporary fiqh literature, national legal documents, and corporate zakat practices in Indonesia. The collected data were then analyzed for their relevance and alignment with actual practices in the field, followed by evaluation and conclusion based on the results of the analysis. The findings highlight the need to enhance zakat literacy among shareholders, institutionalize zakat within corporate governance structures, and develop supportive public policy. The article recommends literacy campaigns, regulatory harmonization, and the integration of zakat into ESG frameworks as systemic strategies. It also calls for further research on zakat's role in value driven corporate governance transformation.
Implementation of Hifdz ad-dien in Preserving the Existence of Sharia Life Insurance in Indonesia Harahap, Nurhayati; Soemitra , Andri; Rokan, Mustafa Khamal; Yusoff , Murni
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.5856

Abstract

This study explores the implementation of Hifdz ad-Dien (protection of religion), one of the core objectives of Maqasid al-Shariah, in preserving the existence and development of Sharia life insurance in Indonesia. As a financial instrument rooted in Islamic principles, Sharia life insurance (soul) not only provides economic security but also reflects a commitment to religious values by avoiding elements prohibited in conventional insurance, such as riba (interest), gharar (uncertainty), and maisir (gambling). The research examines how Hifdz ad-Dien functions as both a spiritual and practical framework that encourages Muslim communities to engage with Sharia-compliant financial products. By analyzing the role of religious scholars, fatwa institutions, and public perception, this study highlights the theological, legal, and socio-cultural factors that contribute to the sustainability of Sharia life insurance in Indonesia. The findings suggest that strengthening religious literacy and promoting the alignment of insurance practices with Islamic values are essential in enhancing public trust and ensuring the long-term viability of Sharia insurance.  
The Impact of Social Media Advertising and Brand Awareness on Waqf Re-Interest Mediated by Waqif Satisfaction Yuda Dharma Putra; Sri Astuti Pratminingsih
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.6188

Abstract

This study aims to analyze the effect of social media advertising and brand awareness on waqf intentions at Sinergi Foundation, with waqf satisfaction as a mediating variable. This research uses a quantitative approach with descriptive and verification methods. Data were collected through observations, interviews, and questionnaires distributed to 100 waqifs in the Bandung City Region who have interacted with the Synergy Foundation. The sampling technique used was purposive sampling, and the research instrument used was a Likert-scale questionnaire. The data were analyzed using Structural Equation Modeling (SEM) with SmartPLS 4.0. The results showed that brand awareness has a significant effect on waqf satisfaction and intention to return to waqf. Social media advertising has a significant effect on waqf satisfaction but does not directly affect re-engagement, the impact occurs indirectly through satisfaction. The findings emphasize the important role of donor satisfaction in driving repeat waqf participation. This study contributes to the development of digital marketing strategies that prioritize donor engagement and satisfaction to increase waqf loyalty.
Analysis of the Halal Value Chain in a Globally Competitive Local Brand Ribowo, Sugeng; Beik, Irfan Syauqi; Nurhayati, Immas; Richana, Nur
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.6353

Abstract

Competitive advantage is a crucial value that companies must possess and integrate into their brand identity to succeed in market competition. This study analyzes the implementation of the halal value chain in Almaz Fried Chicken based on Porter’s theory using an exploratory qualitative approach, with data collected through interviews, observations, and documentation. The research focuses on how the halal value chain is applied at each stage, from production to after-sales service. The findings show that Almaz Fried Chicken, known by its slogan "The No. 1 Saudi Fried Chicken in Indonesia," has a competitive edge in every aspect of its supply chain, from raw material management to after-sales services. This advantage is further strengthened by a strong and consistent educational strategy tailored to the Indonesian market segment.
Is Syariah Product Able to Be Go Viral by Not-Syariah Vlogger? Haryanto, Budhi; Setiawan , Ahmad Ikhwan; Atina, Vivin Zulfa
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.7406

Abstract

This study aims to examine the moderating role of brand congruence and the mediating role of brand attitude of wardah beauty products. Data collection was carried out online to Muslim women aged 16-35 years who had never bought wardah products. Data collected from 280 respondents who watched the beauty vlogger's youtube video was then analyzed with partial least squares structural equation modelling (PLS-SEM). The results show that the credibility of beauty vlogers does not affect the desire to buy. However, product congruence and attitude affect the interest in buying wardah products. Furthermore, in the moderation test, it was found that product congruence did not moderate the relationship between credibility variables and buying interest. The mediation test found that brand attitudes partially mediated the relationship between attitude, attractiveness and expertise to purchase intent. The study also discusses its implications, both theoretical and practical, and its implications for future studies. Overall, it can be concluded that consumer interest in buying a cosmetic is based on the quality of the product, not from the credibility of the beauty vlogger.
Cash Waqf Linked Sukuk: Innovative Financing for Educational Infrastructure Mihajat, Muhammad Iman Sastra; Hawariyuni, Weni Hawariyuni
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.5510

Abstract

The aim of this paper is to examine the role of Cash Waqf Linked Sukuk (CWLS) as an innovative financing for building educational infrastructure in Indonesia. The fact that educational infrastructure and facilities are still scarce in educational buildings is the driving force for this research. The research based on a qualitative methodology using the data from scientific journals and paper in the field of Cash Waqf, including CWLS. CWLS shall consists of 3 instruments, namely waqf sukuk, government retail waqf sukuk and Waqf project. Currently the coupons from waqf sukuk have been channeled to finance the construction of the retina center and glaucoma center at the hospital. The country needs to explore the use of cash waqf from CWLS for other programs such as building educational infrastructure by involving Islamic bank to finance the program, that might benefit citizens more in the future. This study demonstrates that it is feasible to use the financing raised by the CWLS to construct infrastructure and educational facilities that will improve student and teacher/lecturer performance.
The Influence of Marketing Mix With Digital Moderation on The Increase of Cash Waqf at The Waqf Nazhir Institution Buchori, Nur Syamsudin; Firman, Firmansyah; Setiawan, Donny
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v9i2.6802

Abstract

This study investigates whether digital marketing moderates the influence of marketing mix strategies-product, price, place, and promotion—on cash waqf contributions in the context of the “Berkah Wakaf” platform managed by the Indonesian Waqf Board (BWI). The research addresses the limited empirical understanding of how traditional marketing variables interact with digital tools in promoting Islamic philanthropic instruments such as waqf. Drawing on data from 225 respondents, including both current and prospective donors, the study applies a quantitative approach with structural equation modeling using Smart PLS. Results indicate that the marketing mix has no significant direct effect on cash waqf contributions. However, digital marketing shows a significant positive effect when applied independently. Its moderating effect, however, is statistically insignificant, suggesting that digital marketing does not strengthen the relationship between the marketing mix and waqf performance. These findings underscore the importance of digital trust and institutional credibility over conventional marketing efforts. The study contributes to the literature by highlighting the strategic role of digital engagement in enhancing cash waqf fundraising and offers practical insights for Islamic philanthropic institutions in adopting more targeted and technology-driven approaches.

Page 11 of 13 | Total Record : 122

 9   10   11   12   13 

Filter by Year

2017 2025


Reset
Filter By Issues
All Issue Vol. 9 No. 2 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 9 No. 1 (2025): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 8 No. 2 (2024): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 8 No. 1 (2024): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 4 No. 1 (2020): Amwaluna : Jurnal Ekonomi dan Keuangan Syariah Vol. 3 No. 2 (2019): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 3 No. 1 (2019): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 2 No. 2 (2018): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 2 No. 1 (2018): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 1 No. 2 (2017): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 1 No. 1 (2017): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah More Issue