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Contact Name
Dwi Siyamsih
Contact Email
nawalaedu@gmail.com
Phone
+6281374694015
Journal Mail Official
nawalaedu@gmail.com
Editorial Address
Jl. Raya Yamin No.88 Desa/Kelurahan Telanaipura, kec.Telanaipura, Kota Jambi, Jambi Kode Pos : 36122
Location
Kota jambi,
Jambi
INDONESIA
Journal of Islamic Economy
ISSN : -     EISSN : 30472520     DOI : https://doi.org/10.62872/nstc4b78
Core Subject : Economy,
The journal publishes original articles on current issues and trends occurring internationally in Public Philosophy of Islamic Economics, Islamic Economic Thought, Islamic Economics and Contemporary Issues, Contemporary issues in Islamic Financial Institutions, Islamic Management Islamic Accounting, Legal Aspects in Islamic Economics.
Articles 5 Documents
Search results for , issue "Vol. 1 No. 2 (2024): JULY-JOIE" : 5 Documents clear
Analysis of the Role of Judicial Institutions in Sharia Economic Law Enforcement in Indonesia Mappasessu Mappasessu
Journal of Islamic Economy Vol. 1 No. 2 (2024): JULY-JOIE
Publisher : Pt. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/gtygez33

Abstract

This study aims to analyze the concrete role of judicial institutions in the enforcement of sharia economic law in Indonesia. The main focus is to understand how the Religious Courts, District Courts, and Supreme Courts handle sharia economic cases and identify the challenges faced in the process. The research method used is a qualitative approach with a case study design. Data were obtained through in-depth interviews, observations, literature studies, and documentation analysis. The results of the study show that the Religious Court has a central role in the application of sharia principles in banking, insurance, and sharia capital market cases. Collaboration between Religious Courts and District Courts is important in handling complex cases involving aspects of national law and sharia. However, several challenges such as the lack of special training for judges, limited resources, and unclear regulations are still the main obstacles in the enforcement of sharia economic law. This research makes a theoretical contribution by enriching the literature on sharia economic law and practicality by providing recommendations to increase the effectiveness of sharia economic law enforcement. The main recommendations include increasing training and capacity building of judges, harmonization of regulations, and the use of information technology in case management. Thus, this research is expected to support the creation of a fairer and more effective legal system in the enforcement of sharia economic law in Indonesia.               
The Role of Zakat and Waqf in Encouraging Sustainable Economic Growth Rahmat Habibi
Journal of Islamic Economy Vol. 1 No. 2 (2024): JULY-JOIE
Publisher : Pt. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/8wwzy236

Abstract

This study aims to examine the role of zakat and waqf in driving sustainable economic growth with a focus on their contribution to wealth redistribution and socio-economic empowerment. The research method used is the Systematic Literature Review (SLR), which allows the collection and analysis of relevant studies published in the last five years (2019–2024) from various leading academic databases, such as Scopus, Web of Science, Google Scholar, and ProQuest. The SLR process involves several stages, starting from formulating research questions, developing literature search strategies, screening articles based on inclusion and exclusion criteria, to synthesizing key findings. The results of the study indicate that zakat and waqf play a significant role in driving sustainable economic growth through wealth redistribution mechanisms and socio-economic empowerment, with greater contributions when optimized through digitalization and management innovation. The synergy between zakat, waqf, and the national financial system as well as strengthening regulations and public literacy are key factors in increasing their impact. This study emphasizes the importance of cross-sectoral cooperation to ensure that zakat and waqf can be the main driving force in realizing fair, inclusive, and sustainable economic development.
Analysis of the Effectiveness of Mudharabah and Musyarakah Financing Models in Islamic Financial Institutions Fatur Rahman Karim
Journal of Islamic Economy Vol. 1 No. 2 (2024): JULY-JOIE
Publisher : Pt. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/jazvdw68

Abstract

This study aims to analyze the effectiveness of the mudharabah and musyarakah financing models in Islamic financial institutions. The method used is the Systematic Literature Review (SLR), which allows researchers to evaluate and synthesize various relevant studies in order to obtain more comprehensive conclusions on the topic. SLR is conducted by collecting articles that discuss mudharabah and musyarakah financing and analyzing the factors that influence the effectiveness of both models. Literature searches are conducted through academic databases such as Google Scholar, Scopus, and JSTOR, with selected articles filtered based on predetermined inclusion and exclusion criteria. Relevant articles were published in the last five years and focused on Islamic financing. Researchers conducted a thematic analysis of selected articles to identify emerging themes related to the effectiveness of these two financing models. The results of the study indicate that the mudharabah and musyarakah models are effective as alternative financing for the MSME sector, allowing business actors to obtain capital without being trapped in interest obligations. However, the effectiveness of this model is highly dependent on good risk management, clarity of profit and loss sharing, and transparency and trust between Islamic financial institutions and customers. Therefore, Islamic financial institutions need to improve their supervision and risk management systems to ensure the successful implementation of this financing model.
Implementation of Sharia Principles in Microfinance: A Case Study in Indonesia Putri Agustina
Journal of Islamic Economy Vol. 1 No. 2 (2024): JULY-JOIE
Publisher : Pt. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/1tyxvb44

Abstract

The purpose of this study is to analyze the implementation of sharia principles in microfinance in Indonesia through the Systematic Literature Review (SLR) approach. The SLR method was chosen because it allows researchers to collect and analyze various related literature systematically, in order to provide a comprehensive picture of the implementation of sharia principles in the microfinance sector in Indonesia. This study identifies relevant literature based on inclusion and exclusion criteria, focusing on studies published in the last 4-5 years that discuss the implementation of sharia principles in microfinance. Furthermore, a thematic analysis was conducted to identify patterns, trends, and challenges faced by sharia microfinance institutions in implementing sharia principles. The results of this study indicate that the implementation of sharia principles in microfinance in Indonesia has great potential to improve the economic welfare of the community, especially in terms of financial inclusion. However, significant challenges related to the community's understanding of sharia principles and the lack of supporting regulations are still major obstacles to its development. Nevertheless, sharia microfinance continues to show great potential in providing solutions for community economic empowerment. This study suggests the need for strengthening policies, increasing public education on sharia principles in microfinance, and product and service innovations that are more in line with market needs. The successful implementation of sharia principles is highly dependent on effective collaboration between financial institutions, government, and the community.
Islamic Economic Transformation in the Digital Era: Opportunities and Challenges Bella Mauris
Journal of Islamic Economy Vol. 1 No. 2 (2024): JULY-JOIE
Publisher : Pt. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/rp5wm547

Abstract

The digital era has driven significant changes in various economic sectors, including in the development of Islamic economics. This study aims to examine the opportunities and challenges of Islamic economic transformation in the context of digitalization using the Systematic Literature Review (SLR) method. Data were obtained from selected academic literature published between 2019 and 2024, which were then analyzed using thematic coding techniques. The results of the study indicate that digitalization offers great opportunities to increase Islamic financial inclusion, expand market reach, and introduce innovations such as Islamic fintech, blockchain, and waqf-based crowdfunding. However, a number of challenges have emerged, such as regulatory uncertainty, low Islamic digital financial literacy, and cybersecurity risks. This study concludes that the success of Islamic economic transformation in the digital era is highly dependent on the synergy between adaptive regulations, technological innovations that are in accordance with Islamic principles, and increasing digital literacy among Muslim communities. These findings are expected to be the basis for developing strategies to strengthen the Islamic economy in facing the dynamics of the digital-based global economy.

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