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Contact Name
Rifda Nabila
Contact Email
rifdanabila12@gmail.com
Phone
+6285701223335
Journal Mail Official
journal_ijier@uinsalatiga.ac.id
Editorial Address
Jl. Lkr. Sel. Salatiga No.Km. 2, Pulutan, Kec. Sidorejo, Kota Salatiga, Jawa Tengah 50716
Location
Kota salatiga,
Jawa tengah
INDONESIA
The Indonesian Journal of Islamic Economics Research
ISSN : 26865076     EISSN : 27145751     DOI : 10.18326/ijier.v7i2.5518
Indonesian Journal of Islamic Economics Research ( IJIER) is a research journal in the discipline of Islamic economics which is expected to contribute to a new or state-of-the-art for academic development or real-world applications, or both. This journal encompasses original research articles, including : Islamic economics, Economics development, Macroeconomis, Moneters, Microeconomics, Political economics, International economics, Business Economics, Halal industries, Zakat and Wakaf, Islamic Entrepreneurship, and Islamic Business Ethics.
Articles 28 Documents
Reconstruction of the islamic human development index in Indonesia through principal component analysis (PCA) Maulana Kamal Arsyad; Achmad Sani Supriyanto; Vivin Maharani Ekowati
Indonesian Journal of Islamic Economics Research Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i2.5443

Abstract

This study examines the construct validity of the Islamic Human Development Index (IHDI) indicators proposed by Anto (2011) and Rama and Yusuf (2019) in the context of Indonesia’s human development. Using Principal Component Analysis (PCA) and secondary data from 34 provinces in 2024, the study finds that two indicators the zakat to GRDP ratio and the Gini ratio were excluded due to high regional variability. Four principal components emerged, representing socio-religious aspects, quality of life, economic welfare, and social mobility, explaining 75.72% of the variance. The findings reveal that human development in Indonesia emphasizes spiritual, social, and economic balance but lacks full alignment with maqāṣid al-sharī‘ah principles of equity and justice. Zakat, despite being a key Islamic economic pillar, remains empirically weak due to institutional and data limitations, highlighting the need to strengthen zakat governance for effective redistribution and welfare enhancement.
E-wallet: Make generation z more consumptive? Afiful Ichwan
Indonesian Journal of Islamic Economics Research Vol. 7 No. 1 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i1.5498

Abstract

The development of e-wallets has made life simpler, changed the way people think and act, but it has also fostered consumerism and repetitive transactions. The author's goal is to examine how the transaction patterns of Generation Z changed before and after they started using e-wallet applications, since Generation Z is the primary user of e-wallet apps. The study used non-probability sampling and targeted sampling to include 240 members of Generation Z from the city of Lampung, the provincial capital. To determine whether there were any significant differences, the Paired Sample T-Test was the analytical technique used. The paired sample T-test yielded a statistically significant p-value of 0.000, which is less than 0.05. This indicates a variation in e-wallet transaction patterns before and after acquiring an e-wallet. While e-wallet transaction patterns are increasing, not all transactions are consumptive-oriented, but e-wallets have the potential to make consumers more productive.
Comparative study: The governance models of islamic microfinance institutions in Indonesia and Bangladesh for sustainable social-economic impact Jihan Arlista Putri; Amin Wahyudi
Indonesian Journal of Islamic Economics Research Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i2.5499

Abstract

Islamic Microfinance Institutions (IMFIs) play a pivotal role in promoting inclusive socio-economic development by integrating ethical finance with Shariah-based principles. This research investigates the governance models and socio-economic impact of IMFIs in Muslim-majority countries, focusing on Indonesia and Bangladesh. Using a qualitative, library research method, data were synthesized from secondary sources such as journals, government reports, and institutional publications spanning 2015–2025. The analysis explores key governance elements including institutional structures, leadership patterns, Shariah compliance mechanisms, and performance accountability. Findings indicate that while both countries implement faith-driven financial models, their governance approaches are context-specific, shaped by structural, cultural, and regulatory dynamics. However, comparative clarity is limited, as the study does not provide systematic cross-national performance metrics. Despite this, the role of IMFIs in financial inclusion and women’s empowerment is evident, particularly through instruments like zakat, qard hasan, and group-based financing. This research underscores the importance of maqāṣid al-sharīʿah in strengthening ethical governance and recommends policy alignment to enhance institutional sustainability and social impact.
Not all sectors are equal: LQ and DLQ Reveal Pangkalpinang’s true economic driver Michael Kusuma; Brigitha Mega Rebeca
Indonesian Journal of Islamic Economics Research Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i2.5502

Abstract

Economic policy in Pangkalpinang City risks misallocation if relying solely on static data. This research identifies leading sectors (2018–2022) by integrating the Location Quotient (LQ) and Dynamic Location Quotient (DLQ). The study's novelty lies in using LQ to identify the current base and DLQ to project future potential, yielding a strategic map to differentiate between leading and mature sectors. Using time-series Gross Regional Domestic Product (GRDP) data from BPS, this research assesses each sector's specialization and dynamics. The results reveal a critical divergence: although 13 sectors were identified as base (LQ > 1), the analysis shows the information and communication sector is the only true leading sector (base and prospective). Other main base sectors, such as trade and construction, were found to be mature (base but non-prospective). This finding offers a practical implication: policy priorities must focus on accelerating the digital economy while maintaining stability in mature sectors.
The importance of islamic business ethics in increasing consumer loyalty to cooking oil product Bun Norikun
Indonesian Journal of Islamic Economics Research Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i2.5506

Abstract

This research is motivated by a series of alleged fraud cases related to subsidized cooking oil, including reduced packaging volumes, sales above the highest retail price, and alleged corruption at Minyakita. These cases will impact consumer trust in cooking oil brands and, consequently, consumer loyalty. This study was conducted to determine how the dimensions of Islamic business ethics, consumer behavior, and customer satisfaction influence consumer loyalty to Minyakita brand cooking oil products. The sampling technique used purposive sampling with 112 respondents. The analysis used was Structural Equation Modeling (SEM). The conclusion of this study is that Islamic business ethics has a significant effect on consumer behavior, Islamic business ethics does not have a significant effect on consumer loyalty, Islamic business ethics has a significant effect on customer satisfaction, consumer behavior has a significant effect on customer satisfaction, consumer behavior does not have a significant effect on consumer loyalty, customer satisfaction has a significant effect on consumer loyalty. The mediating variables, namely consumer behavior and customer satisfaction, have a very strong influence on the contribution between Islamic business ethics and consumer loyalty.
International credit earning in islamic higher education: Mixed-methods evidence from Syekh Abdul Halim Hasan Institute Agus Purwanto; T. Fadlanil Muflih; Suwardi Lubis
Indonesian Journal of Islamic Economics Research Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i2.5507

Abstract

This study examines the feasibility and determinants of developing an international credit earning program for the Sharia Economics Study Program at Syekh Abdul Halim Hasan Institute Binjai. Using a sequential explanatory mixed-methods design, the quantitative phase surveyed 200 respondents, revealing strong institutional support and positive attitudes toward internationalization, with mean scores above 4.30 related to improving academic quality and graduate competitiveness. However, financial limitations emerged as the most severe challenge (mean = 4.70), followed by insufficient English proficiency (mean = 2.85) and low curriculum flexibility (mean = 3.20). Qualitative findings from six key informants complement these results, emphasizing institutional readiness, curriculum alignment, and strategic partnerships as core enablers. Informants stressed the need for standardized course mapping, targeted English training, and collaboration with universities that share Islamic economics perspectives. The novelty of this study lies in its integrated model that links attitudinal support, structural readiness, and partnership strategies, offering empirical insights for Islamic higher education internationalization. The study recommends establishing dedicated funding schemes, institutionalizing language support, harmonizing curricula, and implementing pilot collaborations to minimize operational risks. These measures provide practical guidance for building a sustainable and globally competitive credit earning program in Islamic higher education.
Determinants of Islamic Social Reporting: Analysis of the Characteristics of Energy Companies in Indonesia Sandra Sukma Embuningtiyas; Oktaviani Ritas Puspasari
Indonesian Journal of Islamic Economics Research Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i2.5518

Abstract

This study aims to obtain evidence regarding the factors influencing the level of Islamic Social Responsibility disclosure in energy companies. The population of this study were energy companies listed on the Indonesian Sharia Stock Index, covering the period 2019-2023. The sample was determined using a purposive sampling technique and a sample size of 20 companies. Data were analyzed using a panel regression with a fixed effect approach. The company characteristics tested included environmental performance, profitability, leverage, firm size, and good corporate governance mechanisms. Control variables were firm age and the COVID-19 pandemic. The results showed that environmental performance, profitability, firm size, and good corporate governance significantly influenced Islamic social responsibility. Meanwhile, leverage, firm age, and the COVID-19 pandemic did not influence Islamic social responsibility. This finding is in line with legitimacy theory, which states that companies disclose Islamic social responsibility (ISR) to maintain a positive public perception. This finding is also in line with sharia enterprise theory, which explains that good internal company characteristics will encourage accountability to God, humans, and the environment through ISR disclosure. The results of this study also strengthen stakeholder theory, where companies respond to stakeholder demands for transparency and social responsibility through ISR disclosure.
The mediating role of attitude and knowledge in the relationship between export/import support and global entrepreneurial mindset: Evidence from young muslims in Yogyakarta Joko Setyono; Fetria Eka Yudiana
Indonesian Journal of Islamic Economics Research Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business UIN Salatiga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18326/ijier.v7i2.6008

Abstract

Globalization and digital technology create opportunities for Muslim Generation Z in cross-border entrepreneurship, yet their understanding of export-import procedures remains limited. This study examines the mediating role of attitude, perception, and knowledge in developing a Global Entrepreneurial Mindset (GEM) among Muslim Gen Z in Yogyakarta. Using a quantitative approach with 220 respondents and PLS-SEM analysis, the results show that attitude, digital support, knowledge, policy support, and perception significantly influence GEM. Digital support positively affects attitude, opportunity awareness influences perception, and policy support affects knowledge. Attitude mediates the effect of digital support on GEM, while knowledge mediates the effect of policy support. However, perception does not mediate the relationship between opportunity awareness and GEM. These findings emphasize the strategic role of digital infrastructure, education, and supportive government policies in enhancing global entrepreneurial capacity. This study also contributes to the development of the SOR framework in global entrepreneurship.

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