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Al-Infaq : Jurnal Ekonomi Islam
ISSN : 20872178     EISSN : 25796453     DOI : https://doi.org/10.32832/alinfaq
Core Subject : Economy, Education,
Al-Infaq : Jurnal Ekonomi Islam published twice a year since 2010 (June and December), is a multilingual (Bahasa and English), peer-reviewed journal, and specializes in Islamic Economic. This journal is published by the Islamic Economic Department, Faculty of Islamic Studies, and Doctoral Program of Islamic Economic, Graduate School, Ibn Khaldun University of Bogor, in partnership with Ibn Khaldun University of Bogor, Indonesia, in partnership with Masyarakat Ekonomi Syariah (MES) Wilayah Bogor. Editors welcome scholars, researchers and practitioners of Islamic Economic around the world to submit scholarly articles to be published through this journal. All articles will be reviewed by experts before accepted for publication. Each author is solely responsible for the content of published articles.
Articles 183 Documents
The Impact Of Zakat Distribution On Achieving Prosperity (A Case Study Of Baznas Bogor) Qadryani, Sitti; Ayuniyyah, Qurroh; Supriyanto, Trisiladi
Al-Infaq: Jurnal Ekonomi Islam Vol. 15 No. 2 (2024)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v15i2.2275

Abstract

Zakat is not merely about addressing the short-term needs of mustahik, particularly the poor, but aims to provide sustainable welfare by addressing the root causes of poverty. The success of zakat distribution is often reflected in improvements in mustahik welfare, such as enhanced business performance, fulfillment of daily needs, better health, and access to education. This study examines the zakat distribution programs and their impact on mustahik welfare, focusing on 76 mustahik respondents in Bogor Regency through a quantitative approach using simple linear regression analysis. The findings highlight BAZNAS Bogor Regency's programs, including Bogor Taqwa, Healthy Bogor, Smart Bogor, Bogor Cares, and Bogor Prosperous. The results show that zakat distribution has a significant positive impact on mustahik welfare, with a significance value below 0.05 and an R-squared value of 0.3212, indicating that 32.12% of the variations in mustahik welfare can be attributed to zakat distribution, while the remaining 67.88% is influenced by other factors outside the research model.
Maslahat Issue In Islamic Microfinancing: A Study Of Islamic Cooperative And Islamic Rural Bank Hakim, Nurman; Kartika, Tika; Hidayat, Muhammad Faisal; Zahra, Nadia
Al-Infaq: Jurnal Ekonomi Islam Vol. 15 No. 2 (2024)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v15i2.2276

Abstract

This paper aims to identify the priority of goals and its strategies on Islamic micro-financing especially at Islamic rural banking and Islamic cooperative. This study uses analytic network process (ANP) as data processing method. The findings are: first, maslahat of people is the most dominant goal on Islamic micro-financing both banking and non-bankingservice providers. Therefore, the most dominant alternative to achieve maslahat is to create empowering programs for needed people effectively. Second, internal strategy is the fittest strategy on Islamic micro-financing both Islamic rural bank and Islamic cooperative. And the alternative strategy to imply the internal strategy is to increase employment performance.
Analysis Of The Implementation Of Sharia Hospital In Bogor City Based On DSN MUI Law And Fatwa : (Case Study Of Bogor Islamic Hospital) Kusumadewi, Nila Ayu; Tanjung, Hendri; Supriyanto, Trisiladi
Al-Infaq: Jurnal Ekonomi Islam Vol. 15 No. 2 (2024)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Indonesia is the country with the largest Muslim population in Southeast Asia, with the enactment of DSN-MUI Fatwa Number 107 of 2016 concerning the Implementation of Hospitals Based on Sharia Principles with binding provisions therein which are sharia-certified by MUKISI (All-Indonesian Health Effort Council). Law number 33 of 2014 on Halal Product Guarantees states that goods and services related to food, beverages, medicines, cosmetics, products, chemicals, biological products, genetically engineered products, as well as consumer goods that are used, utilized or utilized by the public. It is also stated that halal products are products that have been declared halal in accordance with Islamic law. This research was conducted descriptively using a mixed qualitative method to analyze the implementation of Sharia hospitals at the Bogor Islamic Hospital and quantitatively using SWOT analysis to analyze to support management in making decisions in the marketing sector. The conclusion of this study states that the management of the Bogor Islamic Hospital has fulfilled the Sharia compliance aspect referring to DSN-MUI Fatwa Number 107 of 2016 and has met halal standards in accordance with Law Number 33 of 2014. And there are results of IFAS factor analysis with a total weight value of 1 with a score of +0.71 and the EFAS factor with a total weight value of 1 with a score of +0.21. These results show that the Bogor Islamic Hospital is in quadrant 1 which means a fast growth strategy, meaning it has good opportunities and strengths.
Implementation of Cash Waqf in Improving Access and Quality of Al-Qur'an Education Mursidi, Mursidi; Tanjung, Hendri; Supriyanto, Trisiladi
Al-Infaq: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v16i1.2287

Abstract

Waqf in Islam is a Shari'a that is highly recommended and waqf is one of the financial instruments in the Islamic treasury apart from zakat, infaq and alms. Waqf and zakat also have different characters, but both are Islamic financial instruments. Zakat is consumptive in nature where it is distributed to consumption items so that its benefits are not sustainable, while waqf from the start is required to be productive and sustainable, that is, it survives if its assets and the results of its management are distributed in the form of assets and benefits so that the waqf can survive and continue to provide continuous benefits. This research aims to analyze the application of cash waqf in improving access and quality of Al-Qur'an education. This research was conducted at the Tahfidz Al-Qur'an Ibnu Jauzi Dramaga Islamic Boarding School in Bogor with 42 respondents. The research method used was a quantitative approach. Quantitative analysis is used with simple linear regression with data collection techniques through distributing questionnaires, observation and documentation. The results of the research show that the management of cash waqf in this Islamic boarding school has had a positive impact on increasing access and quality of Al- Qur'an education. The results of this research also show that cash waqf has a strong positive correlation or relationship with increasing access and quality of Al-Qur'an education.
Analysis of Economic Development Business Model For Pesantren Independence: (Study at Pesantren Cendekia Amanah, Depok City) Sodik, Sodik; Ayuniyyah, Qurroh; Supriyanto, Trisiladi
Al-Infaq: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v16i1.2288

Abstract

Pesantren Cendekia Amanah is a pesantren that was established five years ago, precisely in 2019. As an institution located within the community, this pesantren plays a significant role and contributes to the education system, socio-cultural aspects, and economic development. In order to develop the pesantren's economic self-sufficiency, Pesantren Cendekia Amanah has established facilities that can be utilized to develop the existing business units within the pesantren. This research aims to identify the economic business model developed by the pesantren and the implications of these businesses in efforts to enhance economic self-sufficiency at the pesantren. The data collection techniques used in this research include three methods: observation, interviews, and documentation. The data analysis method used in this research is the interactive model of Miles and Huberman. According to their view, data analysis generally consists of three concurrent activities: data reduction, data display, and conclusion drawing/verification. The results of this study indicate that the business model developed by Pesantren Cendekia Amanah has a significant impact on increasing the economic self-sufficiency of the pesantren.
How Digitalization and Service Excellence Drive Sharia Bank Customer Satisfaction? Rahmawati, Sinta Dewi; Triwoelandari, Retno; Kartika, Tika
Al-Infaq: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v16i1.2289

Abstract

In the current digital era, banking is experiencing a major transformation by using digital technology to improve efficiency and banking services. Bank digitalization includes various innovations such as mobile banking, internet banking, and the use of AI technology in providing customer service. Apart from that, service quality and product quality are also important factors that influence customer satisfaction. This research aims to analyze the influence of bank digitalization, service quality and product quality on customer satisfaction at Bank Syariah Indonesia in Bogor Regency. The method used is a quantitative method with a survey approach. Data was collected through a questionnaire with a sample of 97 respondents using a purposive sampling technique. Data analysis was carried out using multiple linear regression to test the influence of the independent variables, namely bank digitalization, service quality and product quality on the dependent variable, namely customer satisfaction. The research results show that bank digitalization has a positive and significant influence on customer satisfaction. Likewise, service quality and product quality have also been proven to have a positive and significant influence on customer satisfaction, which indicates that banks need to continue to innovate in increasing the digitalization of banking, as well as providing good service and providing quality products so as to increase customer satisfaction. Simultaneously, the three independent variables have a positive and significant influence on customer satisfaction. Another finding in this research is that customer satisfaction is influenced by 91.6% by the variables of bank digitalization, service quality and product quality.
Efficiency of Indonesia Sharia Bank (BSI): A Data Envelopment Analysis Approach Syatir, Ahmad; Yunus, Rita; Tuty, Farida Millias; Sari, Novita
Al-Infaq: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v16i1.2290

Abstract

This research aims to analyze the level of efficiency of Bank Syariah Indonesia (BSI) as a merged bank. The data used comes from secondary data from BSI's financial reports for the 2022-2023 period. Data was analyzed using the Data Envelopment Analysis (DEA) method from an asset approach, which is input-oriented. The data analyzed consists of three input variables (Labor Costs, Promotion Costs, and Other Costs), and three output variables (Profit Sharing Financing, Rental Financing, and Securities Owned). The processed data shows that BSI's efficiency level is relatively high with an average efficiency value of 0,78 on a maximum scale of 1. However, this value is still categorized as inefficient.  Structurally, two input variables were found that played a role in this inefficiency, namely Labor Costs and Other Costs, each of which was detected in the second to fourth quarters of 2022. Based on the DEA results, improvements in the level of efficiency, according to the projected values, can be given treatment by decreasing Labor Costs and Other Costs
Thematic Analysis of The Role of Zakat In Improving Economic Welfare (Case Study: BAZNAS Bogor) Hija, Liya Nabilatul; Akbar, Nashr
Al-Infaq: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v16i1.2291

Abstract

This research aims to analyze the role of zakat in empowering local economy through strategic management of zakat by BAZNAS Bogor. A reflexive thematic analysis by Braun and Clarke has been adopted as a research method supported by NVivo 15 software. Data was collected from 13 journal articles from the Dimension database that met the predetermined criteria to be analyzed in this research. The results found that BAZNAS Bogor has implemented various programs to empower the socio-economy of mustahiq. These programs have shown positive impacts on income growth and business sustainability of mustahiq. Several key themes have been identified as the driving factors of the success of BAZNAS in improving the role of zakat in economic empowerment, including transparency, cooperation with the government, effective distribution mechanism, targeted program, and strong supervision. These results provide insights into zakat institutions on how to improve the economic welfare of mustahiq. As a policy recommendation, BAZNAS is advised to integrate empowerment programs with a digital data-based monitoring and evaluation system to ensure the effectiveness and sustainability of social interventions.
Analysis of MSME Halal Product Exports in The South Sulawesi Province Ulfah, Indar Fauziah; Pangestu, Hengky Pratika; Hadziq, M. Fuad
Al-Infaq: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v16i1.2293

Abstract

The Muslim population has now increased to 24.7 percent of the total global population, and this number is predicted to continue to grow to 30 percent in 2050. The increase in the number of Muslims is in line with growth in consumption and production in the world halal market. Some non-Muslim countries have started to have their projections for the halal industry. What is interesting in the haalal industry in the form of halal food and drinks is that efforts are being made to obtain halal certificates to market their products. Each country has its policy regarding halal certification; this creates challenges for the halal industry, which requires that every product, when sold, comply with Islamic law's provisions. In this article, SWOT Analysis will be the theoretical framework for analyzing qualitative data from interviews, observations, or case studies. These data help evaluate internal (strengths and weaknesses) and external (opportunities and threats) factors that influence MSME (Micro Smile Medium Entrepreneur) exports of halal products in South Sulawesi Province. The finding of this research is there is potential for significant growth in the export of halal products for MSMEs in South Sulawesi. Still, several obstacles are faced, including limited access to global markets, lack of information and knowledge about export requirements, and limited resources and production capabilities. Strategies to increase exports of halal products for MSMEs in South Sulawesi Province, namely improving product quality, obtaining internationally recognized halal certification, improving marketing and promotions, developing business partnerships, and utilizing digital technology.
Digitalizing Cash Waqf Linked Sukuk: Integrating Social Finance, Green Finance, And Technological Innovation Rachmawaty, Rachmawaty; Hamsinah, Hamsinah; Holiawati, Holiawati
Al-Infaq: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Agama Islam, Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/alinfaq.v16i1.2294

Abstract

The increasing demand for sustainable and socially responsible financial instruments has led to the development of innovative solutions that combine social and green finance. This paper explores the integration of Cash Waqf Linked Sukuk (CWLS) with cutting-edge digital technologies to enhance its potential as a transformative instrument in Islamic finance. CWLS combines Islamic principles of waqf (endowment) and sukuk (bonds) to mobilize resources for socially beneficial projects while addressing environmental sustainability. This study emphasizes how the digitalization of CWLS—through technologies like blockchain, fintech, and data analytics—can enhance transparency, streamline operations, and expand its reach globally. The study employs a systematic literature review and bibliometric analysis using VOS viewer to map and analyze existing research trends, knowledge clusters, and emerging themes related to CWLS. The findings highlight the potential of CWLS as a sustainable financial instrument that aligns with the principles of distributive justice while addressing global environmental challenges. Bibliometric analysis reveals significant research gaps and key contributors in this domain, providing a foundation for future studies. The findings highlight the growing potential of CWLS to drive socio-economic inclusion and environmental stewardship, demonstrating its relevance in the evolving landscape of sustainable finance.  Recommendations are provided for waqf managers to adopt digital tools for improving fund management, for waqif to understand the dual benefits of their contributions, and for policymakers to create regulatory frameworks that support the scaling of CWLS projects. These insights are critical for stakeholders seeking to harness CWLS as a vehicle for sustainable finance