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Contact Name
Dedy Setiawan
Contact Email
jurnalied@gmail.com
Phone
+6282133311650
Journal Mail Official
jurnalied@gmail.com
Editorial Address
Jl. Raya Susukan, Susukan, Kec. Cipicung, Kabupaten Kuningan, Jawa Barat 45592, Kab. Kuningan, Provinsi Jawa Barat, 45592
Location
Kab. kuningan,
Jawa barat
INDONESIA
Journal of Islamic Economic Development
ISSN : 30471818     EISSN : 30629136     DOI : https://doi.org/10.59261
Core Subject : Economy,
Journal of Islamic Economic Development (abbreviated as J.Isl.Eco.Dev) is a premier double-blind peer-reviewed journal dedicated to fostering multidisciplinary research in the field of Islamic economics and its applications in contemporary society. With a focus on promoting sustainable economic growth within the framework of Islamic principles, this journal serves as a platform for scholarly discourse on topics pertinent to Islamic economics, including Islamic business, development economics, and related fields.
Articles 16 Documents
Analysis of Digital Marketing Strategies in Encouraging SHaria Investment towards Economic Growth in Indonesia Pratama, Gama; Selasi, Dini; Vidiati, Cory; Salsabila, Syafira
Journal of Islamic Economic Development Vol. 1 No. 1 (2023): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

In this modern era, the acceptance of technology and the internet in society is widespread, so it is not surprising that digital marketing activities have become the main choice in doing business. Investment is the process of allocating a number of resources, such as money, time, and effort, into an asset or project with the aim of gaining profits in the future. In making investments, we must understand the risks involved and carry out proper analysis before making a decision. This research uses a qualitative research method with a descriptive, evaluative approach. The social impacts and conditions in question are the past, present, and even future conditions. It is also related to other objects such as social, economic, and cultural, as well as history and other social sciences. Digital marketing plays a very important role in introducing investment because it can help increase company profits, brand awareness, website traffic, conversions, and sales. Apart from that, digital marketing can also provide an opportunity for a company to understand consumer behavior more wisely so that it becomes an efficient tool for introducing investment. Currently, Indonesian people can take advantage of several Sharia-based investment instruments or instruments which, of course, have received permits and are registered with the Financial Services Authority (OJK). Then, this investment was strengthened by the legal basis of the Sharia Council or Indonesian Ulema Council (DSNMUI). Sharia investment can contribute directly to reality and optimally in overall economic growth. However, it should be noted that the contribution of sharia investment is fluctuating and has yet to be able to drive the rate of economic growth in Indonesia ideally.
The Influence of Fintech nn The Efficinecy and Stability of The Sharia Financial System Vidiati, Cory; Cucu Putria, Andieni
Journal of Islamic Economic Development Vol. 1 No. 1 (2023): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

The influence of Financial Technology (Fintech) on the efficiency and stability of the Islamic financial system has become the center of attention in modern financial literature. This research uses a literature study method to investigate the impact of Fintech in the context of Islamic finance. The main findings show that Fintech adoption has positively contributed to operational efficiency, reduced administrative costs, and increased accessibility of Islamic financial services. However, the regulatory challenges faced in balancing technological innovation and Sharia principles are a major highlight. In addition, the literature describes risks related to technological changes that can affect the stability of the Islamic financial system. This research provides recommendations for increasing cooperation between Islamic financial institutions and Fintech start-ups, developing responsive regulations, and expanding empirical research to test the impact of Fintech directly. In conclusion, this research provides in-depth insights into the evolution of Islamic finance in the Fintech era, providing a basis for better understanding and developing relevant policies.
Empowerment of MSMEs as a Strategy for Improving Welfare in the Indonesian Economic Context Cucu Putria, Andien; Pratama, Gama
Journal of Islamic Economic Development Vol. 1 No. 1 (2023): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

This research explores the role of empowering Micro, Small and Medium Enterprises (MSMEs) as a strategy to improve prosperity in the Indonesian economy. Through the literature study method, this research highlights the positive contribution of MSMEs to job creation, national income and economic inclusiveness. MSMEs have the potential to reduce unemployment rates by providing employment opportunities for vulnerable groups. Contribution to national income is seen through the creation of added value and economic diversification. Empowering MSMEs also positively impacts social aspects and community welfare, reducing disparities and strengthening local communities' social ties. Although promising, the challenges of financing access and global competition must be overcome. Policy recommendations include fiscal incentives, special financing facilities, and skills training programs. Indonesia can build a solid and inclusive economy by strengthening the role of empowering MSMEs.
Sharia-Based Investment Strategy: Optimizing Returns and Minimizing Risks in The Capital Market Selasi, Dini; Cucu Putria, Andieni; sutono
Journal of Islamic Economic Development Vol. 1 No. 1 (2023): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

Islamic capital markets have become the focus of increasingly intense research, sparking high interest in investments that align with Islamic finance principles. This journal, entitled "Sharia-Based Investment Strategy: Optimizing Returns and Minimizing Risk in the Capital Market," comprehensively discusses key concepts in Sharia investment strategies. The importance of developing an investment strategy that combines Islamic ethical principles to achieve optimal returns. The literature study research method investigates stock selection, portfolio diversification, and risk management in the Sharia context. The discussion results highlight the diversity of existing views and strategies and challenges and opportunities in implementing Sharia investment strategies. The conclusion summarises the findings and emphasizes the urgency of developing strategies that combine Islamic finance with effectiveness and sustainability in global capital markets.
Analysis Effectiveness of The Flip Application As A Digital Financial Service Instrument in Sharia Presfectve Masitoh, Ika Siti; Selasi, Dini; Pratama, Gama; Mohammad Ridwan, Mohammad; Rizki Bahari, Fauzi
Journal of Islamic Economic Development Vol. 1 No. 1 (2023): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

Fintech (financial technology) is technology and innovation that increases the efficiency, effectiveness, and speed of money and investment management. Digital financial services increasingly dominate the global financial sector, along with the increasing use of technology-based applications. One of the financial service applications that makes payments easier is Flip, which offers innovative solutions to users' financial needs. Flip is a digital application that offers various ways to manage money. This application allows you to make inter-bank transfers, transfer money to various countries, purchase credit and electricity tokens, and top up e-wallet balances. The method used in this research is descriptive and qualitative using secondary literature research methods. This research aims to determine the effectiveness of the flip.id application as a tool for providing virtual currency from a Sharia perspective. The research results show that the positive impact of the Flip application is seen in easy access to inclusive finance, fulfillment of Sharia financial principles, and acceleration of financial inclusion in Muslim communities. Flip has become an important factor in developing the Sharia economy in Indonesia thanks to innovation and efforts to improve fintech, which follows Sharia financial regulations.
ANALYSIS OF THE BENEFITS AND RISKS OF USING SHARIA FINTECH IN SHARIA INVESTMENT Fitri, Fitri
Journal of Islamic Economic Development Vol. 1 No. 2 (2024): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

This study examines the role of Sharia fintech in Sharia-based investments, offering ease of access, operational efficiency, and information transparency. The background of this research is the rapid development of Sharia fintech, which creates opportunities for digital-based investment without violating Sharia principles. The research employs a qualitative approach with literature studies to analyze the concepts, benefits, and risks of Sharia fintech usage. The findings reveal that Sharia fintech provides advantages such as portfolio diversification, ease of investment, and product innovation. However, it also poses risks, including technological, regulatory, and market uncertainty risks, which require effective risk management. This study concludes that Sharia fintech usage in Sharia investments provides modern financial solutions that align with Sharia principles while minimizing risks through proper management.
OPPORTUNITIES AND CHALLENGES FOR ISLAMIC FINTECH IN THE GLOBAL MARKET Ma'rifah, Eva Fauziah; Mohammad Ridwan, M.Pd.,
Journal of Islamic Economic Development Vol. 1 No. 2 (2024): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

Sharia fintech has become a significant phenomenon in facing the transformation of the global financial industry, presenting unique opportunities and challenges in the global market. These opportunities include wider financial access for Muslim communities, sharia product innovation that can meet growing market needs, and increased efficiency in financial services. However, along with these opportunities, Sharia Fintech also faces challenges, including complexity in complying with sharia, public perception of technology-based financial products, and varying regulations in various countries.
LENDING AND LIQUIDITY TO PROFITABILITY khoer, misbahul; Mutakin, Kikin; Mubaarok, Saeful Huda; Acim; Jaelani, Ihrom
Journal of Islamic Economic Development Vol. 1 No. 2 (2024): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

The main problem in this study is profitability in the companies studied with an ROA indicator of 1.3% and is below the good category standard of 1.5%. The purpose of this study is to analyze the extent of the effect together of lending and liquidity on profitability, this study is a descriptive research. The variables in this study are the variables of crediting and liquidity, as independent variables, and profitability, as dependent variables. This research method includes quantitative research in the sense of using numbers, ranging from data collection to interpretation of data with statistical testing. The data analysis technique used in this study is multiple linear regression analysis. From the table it is known that the value of F Calculate is 15.214 it is also known that F table with db2 = n - k - 1 at a confidence level of 5% obtained F table of 4.35. Thus, F calculate > F table = 15.214 > 4.35. This means that there is a positive influence between credit, and liquidity on profitability. To improve lending, PT BPR should promote both customers and the public, for example by offering a faster lending process accompanied by credit interest that can compete with existing banks.
THE ROLE OF ENTREPRENEURSHIP IN POVERTY ALLEVIATION: AN EVALUATION OF COMMUNITY ECONOMIC EMPOWERMENT PROGRAMS AND POLICIES Setiawan, Bambang
Journal of Islamic Economic Development Vol. 1 No. 2 (2024): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

This study aims to evaluate the role of entrepreneurship in poverty alleviation through an analysis of community economic empowerment programs and policies. The research method used involves a literature study as well as an empirical data search related to the implementation of economic empowerment programs in various regions. The results show that entrepreneurship plays an important role in improving people's economic welfare by creating jobs, increasing access to capital, and encouraging innovation. However, the evaluation also revealed several challenges, such as lack of government support, limited technological infrastructure, capital constraints, and lack of social marketing strategies in rural areas. Therefore, this study suggests the need for collaboration between the government, private sector, and communities in implementing effective economic empowerment policies to address poverty in a sustainable manner.
SOCIAL ENTREPRENEURSHIP AND ITS IMPACT ON SOCIETY: A QUALITATIVE STUDY OF BUSINESS MODELS AND SUSTAINABLE GROWTH Fauzi Hidayat, Lutfi
Journal of Islamic Economic Development Vol. 1 No. 2 (2024): Journal of Islamic Economic Development
Publisher : P3M - STAI Kuningan

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Abstract

This study explores social entrepreneurship and its impact on society through a qualitative investigation into business models and sustainable growth. Successful social entrepreneurship business models often incorporate innovation, collaboration with local stakeholders, and the use of technology to increase efficiency and scalability. Sustainable growth is achieved through smart resource management, development strategies and diversification of revenue sources. In addition, the ability to address social challenges and adapt to changes in the external environment also plays an important role in the sustainability of social enterprises. The objective of this research is to understand how social entrepreneurship business models are designed and implemented and how they contribute to sustainable growth.This research uses a case study methodology to analyze several successful social enterprises in areas such as education, health and the environment. Data was collected through document analysis. The study concludes that social entrepreneurship not only has the potential to address various social and economic challenges, but also contributes to inclusive sustainable development. The findings have important implications for policy makers, business practitioners and academics in developing strategies to support and strengthen the social entrepreneurship ecosystem.

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