cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Azhar Alam
Contact Email
aa123@ums.ac.id
Phone
+6285647250600
Journal Mail Official
jisel@ums.ac.id
Editorial Address
Jl. Ahmad Yani, Pabelan, Kartasura, Surakarta 57162, Jawa Tengah, Indonesia
Location
Kota surakarta,
Jawa tengah
INDONESIA
Journal of Islamic Economic Laws
Published by Universitas Muhammadiyah Surakarta
ISSN : 26559609     EISSN : 26559617     DOI : https://doi.org/10.23917/jisel
Core Subject : Religion, Economy, Humanities, Social,
Religion Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences
Journal of Islamic Economic Laws (JISEL) is published by the Department of Islamic Economic Laws, Faculty of Islamic Studies, Universitas Muhammadiyah Surakarta. The journal provides a platform for scholarly research that bridges theoretical perspectives and practical developments in the field of Islamic economic laws. JISEL welcomes contributions from diverse disciplines, encouraging academic dialogue among researchers, scholars, and practitioners who are engaged in the study of Islamic economics, law, finance, business, philanthropy, and halal-related sectors. The journal is committed to advancing interdisciplinary knowledge and promoting the development of Islamic economic thought in contemporary contexts. Published online using the Open Journal Systems (OJS), JISEL ensures broad and easy access to its content for researchers and readers worldwide. The journal has been nationally accredited by the Ministry of Research, Technology, and Higher Education of the Republic of Indonesia and is indexed in DOAJ and other reputable scholarly databases.
Arjuna Subject : Ilmu Sosial - Ilmu Sosial (Lain-Lain)
Articles 7 Documents
 1 
Search results for , issue "Vol 5, No 1: January 2022" : 7 Documents clear
ANALYSIS OF AMIL ZAKAT INSTITUTIONS FINANCIAL PERFORMANCE PRIOR AND DURING COVID-19 Zakiy, Faris Shalahuddin; Suciat, Eqi; Fauziah, Najim Nur
Journal of Islamic Economic Laws Vol 5, No 1: January 2022
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v5i1.16312

Abstract

This study aims to measure the performance of amil zakat institutions using activity ratios, efficiency ratios, amil fund ratios, liquidity ratios, and growth ratios before and during covid-19. Besides, this paper also explores the extent of the impact of covid-19 on the performance of amil zakat institutions. This paper is a qualitative research study with a case study approach in Lazismu of the Central Java region. The case was taken from Lazismu financial statements in 2019 and 2020. The financial statements are measured and reviewed using ratios to describe in-depth financial performance. The findings of this study provide the results of calculations of the five ratios, including activity ratios, efficiency ratios, amil funds ratios, liquidity ratios and growth ratios. It shows good performance, efficiency, and a significant increase. The overall performance of the Lazismu central Java region is stable and tends to increase during covid-19, and its performance does not differ much before covid-19.
THE EFFECT OF COVID-19 AND SECTORAL FINANCING ON ISLAMIC BANK PROFITABILITY IN INDONESIA Fajri, Mohammad Zen Nasrudin; Muhammad, Adamu Abu Bakar; Umam, Khoirul; Putri, Lila Prisilia; Ramadhan, Mohammad Ali
Journal of Islamic Economic Laws Vol 5, No 1: January 2022
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v5i1.17181

Abstract

COVID-19 pandemic has created a new economic crisis worldwide. Islamic Bank which was reportedly resilient against the financial crisis is expected to be stable in this period. Apart from that, Islamic Bank in Indonesia has channeled financing fund to various business sectors with different portions leading to a question whether they have different impact on Islamic Bank’s profitability. This paper aims to discover the impact of COVID-19 pandemic and financing to business sectors on Islamic Bank profitability in Indonesia. An ARDL approach is employed for analysis. The result of the study shows that COVID-19 pandemic has a negative relationship with Islamic Bank profitability in the long-run. Furthermore, financing to transportation, warehousing and communication sectors is associated with higher profitability in the short-run. On the other hand, financing to wholesale and retail trade sectors hurt Islamic Bank profitability. Based on this result, it is suggested that Government impose some measures in stabilizing Islamic Bank’s performance during COVID-19 pandemic. In addition, Islamic Banks are expected to make adjustment on financing to business sectors ratio accordingly in order to maintain the profitability of Islamic Bank.
ISLAMIC ECONOMIC PERSPECTIVE AND POTENTIAL OF ZAKAH ON CRYPTOCURRENCY Rosyadhi, Rozi Irfan; Salim, Abu
Journal of Islamic Economic Laws Vol 5, No 1: January 2022
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v5i1.17204

Abstract

Indonesia is a Muslim-majority country, the survival of extensive zakat is very important for society. In the era of digital technology, the government encourages the government to improve classical zakat administration to ensure transpiration and the principle of facilitating zakat payments. This paper provides a study of the Islamic economic perspective and the potential application of zakat on cryptocurrencies. This paper provides a study of the Islamic economic perspective and the potential application of zakat on cryptocurrencies. In this study the author uses a qualitative approach where the main source is from the Indonesian zakat administration law and the secondary sources are published journals, articles, and reports. The findings of this paper suggest that governments and NGOs should facilitate and accept zakat payments in cryptocurrencies, because one of the advantages is the ability to make transactions more transparent and cross-border using blockchain technology. Provide a sense of security and more trust to the community towards zakat organizations in Indonesia. This study also found a way to calculate cryptocurrency zakat by determining the nisab, consistently above 85 grams for 12 months, so you can pay 2.5% zakat using the value of currency or value of precious metal. This research will help zakat managers in Indonesia to adopt technology in this regard.
ADOPTION OF EXTENDED THEORY OF PLANNED BEHAVIOR TO HALAL FOOD PURCHASING DECISION AMIDST COVID-19 PANDEMIC Hasyim, Fuad
Journal of Islamic Economic Laws Vol 5, No 1: January 2022
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v5i1.15162

Abstract

The Covid-19 pandemic has caused significant changes in people’s lives. One of them is the issue of non-halal food, which is suspected to be the initial cause of the Covid-19 transmission from animals to humans. This assumption is then indicated to impact changes in people’s consumption patterns. This study aims to see whether there has been a change in halal food consumption patterns as measured by purchasing decisions during the Covid-19 pandemic. The sample in this study is the people in Soloraya residency. Sampling technique using random sampling method with the distribution of e-questionnaire. The quantitative research method is carried out using the Extended TPB approach and processed with the Structural Equation Modeling (SEM). The results show that all constructs, namely attitude, subjective norms, perceived behavioral control, religiosity, and descriptive norms, affect the intention of a halal food purchasing decision. By using a Covid-19 pandemic condition as a dummy variable, the results obtained are differences in halal food purchasing decisions before and during a Covid-19 pandemic. This study found a pattern of changes in people’s consumption during the Covid-19 pandemic, where there was a tendency for people to choose halal food because it was more hygienic, healthy, and blessed.
ISLAMIC INSURANCE IN INDONESIA: OPPORTUNITIES AND CHALLENGES ON DEVELOPING THE INDUSTRY Maf’ula, Faricha; Mi’raj, Denizar Abdurrahman
Journal of Islamic Economic Laws Vol 5, No 1: January 2022
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v5i1.16764

Abstract

Islamic insurance is a minor industry compared with other Islamic financial institutions in Indonesia. However, it has enormous potential to grow together with its challenges. This study aims to analyze the opportunities and challenges of the Islamic insurance industry in Indonesia. This research uses a qualitative methodology to describe the nature of reality. The result summarizes that the possibilities are: domino effect from Halal Value Chain and other development of government-owned enterprises; digitalization in Islamic Finance; and potential market of micro takaful. The challenges are needing a set regulatory framework as a catalyst to force supply and demand; market penetration is low, issues of Islamization insurance and the inadequate development of Islamic insurance products, limited retakaful company and qard hassan fund issue in retakaful.
BUILDING A SYNERGY BETWEEN THE HALAL INDUSTRY AND THE GREEN INDUSTRY IN THE MAQĀṢID AL-SHARI’AH REVIEW AS THE BASIS OF ISLAMIC ECONOMICS Fageh, Achmad
Journal of Islamic Economic Laws Vol 5, No 1: January 2022
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v5i1.17034

Abstract

Industrial estates are usually reflected in the existence of a sure standardization. The halal industry gave birth to Halal supply chain management, starting with halal standards procurement, manufacturing, distribution, and logistics. The green industrial area was first born by prioritizing environmental sustainability: efficiency using renewable energy, environmentally friendly substitute raw materials, and waste treatment. So far, there has not been continuity seen in the Policy, the concept of Maqāṣid al-Syari’ah as the basis of Islamic economics, which prioritizes licit and suitable goods, has not been used as a foundation to synergize the goodness of each industrial area. The method used is the library research method or literature method. The author uses the library research method to get data from reading and reviewing books, scientific articles, journals, and thesis related to the author’s title. This research offers a concept of halal and environmental sustainability, which is reflected in the following industry supply chains. (1). Procurement of goods in a halal manner with environmentally friendly product raw materials criteria. (2). Manufacturing process by prioritizing the use of renewable energy. (3). Processing of waste products (gas, liquid and solid) to not damage the surrounding environment. (4). Halal Logistics and Distribution. So that what is contained in Maqāṣid al-Syari’ah can be implemented in this new concept.
THE IMPACT OF HALAL LABEL IN HALAL FOOD BUYING DECISIONS Millatina, Afifah Nur; Hakimi, Fifi; Budiantoro, Risanda Alirastra; Arifandi, Muhammad Rizky
Journal of Islamic Economic Laws Vol 5, No 1: January 2022
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v5i1.17139

Abstract

The current development of the halal industry has experienced a very significant increase to attract the attention of various groups. Trend indicators from the halal business can be seen in seven industrial sectors that continue to show an increase, including Islamic financial services, Halal food and beverages, Halal tourism, fashion, halal media and recreation, and halal pharmaceuticals and cosmetics. This study aims to raise the importance of awareness of halal label on halal food and beverages in Indonesia. The quantitative research method used in this research is to apply Partial Least Square-Structural Equation Modeling (PLS-SEM) through Smart-PLS software. The sample of this research is 100, with the sampling technique used being non-probability sampling with the purposive sampling method. The results of this study are the significant influence of the halal label variable on purchase intention, purchase intention on buying decision, and the halal label variable on buying decision on halal food products in Indonesia. Alternatively, on product packaging, awareness of halal Indonesian society has begun to increase and make halal a lifestyle.

Page 1 of 1 | Total Record : 7

 1 

Filter by Year

2022 2022


Reset
Filter By Issues
All Issue Vol. 8 No. 02 (2025): July Vol. 8 No. 01 (2025): January Vol. 7 No. 02 (2024): July Vol. 7 No. 01 (2024): January Vol 6, No 2 July 2023 Vol 6, No 1: January 2023 Vol 5, No 2 July 2022 Vol 5, No 1: January 2022 Vol 4, No 2: July 2021 Vol 4, No 1: January 2021 Vol 3, No 2: July 2020 Vol 3, No 1: January 2020 More Issue