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Published by: Institut Agama Islam Negeri Fattahul Muluk Papua Managed by: Study Program of Sharia Business Management , Faculty of Islamic Economics and Business, Lecturer's New Building, 2nd Floor. Jl. Merah Putih, Buper, Waena, Distrik Heram, Kota Jayapura, Papua. Email: papuambs.234@gmail.com
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P a p u a
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PAPUA: International Journal of Sharia Business Management
Published by Institut Agama Islam Negeri Fattahul Muluk Papua
ISSN : -     EISSN : 30632250     DOI : https://doi.org/10.53491/papua.v2i2.1926
Core Subject :
The journal is published twice a year in June and December. Contains scientific articles in the form of research, analysis study, theoretical study, and review of studies in the field of Islamic business, accounting, and management. Publishing this journal aims to increase the quantity and quality to spread knowledge and also as a means of communication between scientists, practitioners, students, and observers of Islamic business and management studies. The journal is intended to be the journal for publishing articles reporting the results of research on Islamic business and management.
Arjuna Subject : -
Articles 29 Documents
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Strategies for Sharia Tourism Management: Realizing Sustainable Halal Tourism Agus Wahyu Irawan
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 2 (2024): (DESEMBER) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i2.1147

Abstract

  Halal tourism, or Sharia tourism, has emerged as a rapidly growing sector within the global tourism industry, driven by the increasing demand from Muslim travelers seeking destinations that align with their religious principles. This study explores the strategic management practices necessary to develop and sustain halal tourism while addressing challenges such as the lack of standardized guidelines, limited infrastructure, and misconceptions about Sharia tourism. By adopting a comprehensive approach that includes policy development, infrastructure investment, community engagement, and marketing innovation, halal tourism can unlock its full potential as a driver of economic growth, cultural preservation, and ethical travel. The research emphasizes the role of collaboration among governments, private sector stakeholders, and local communities in fostering an ecosystem that supports halal tourism. Furthermore, capacity-building efforts through education and training are highlighted as critical to ensuring consistent service quality. This study concludes that strategic management is key to realizing sustainable halal tourism, benefitting both Muslim and non-Muslim travelers while promoting inclusivity and cross-cultural understanding in the global tourism landscape.
THE ROLE OF SHARIA MANAGEMENT IN THE DEVELOPMENT OF PRODUCTS AND SERVICES IN ISLAMIC BANKING IN INDONESIA Agus Wahyu Irawan
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 1 (2024): (JUNI) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i1.1148

Abstract

The growth of Islamic banking in Indonesia faces challenges in product and service development due to limited management expertise in Sharia compliance. Despite the increasing demand for Sharia-compliant financial products, the industry's ability to innovate and expand its offerings is hindered by a lack of specialized knowledge and skills among managers. This research investigates the role of Sharia management in enhancing the quality and variety of Islamic banking offerings. The study aims to address the gap between market demands and current Sharia banking products, identifying key factors that contribute to or hinder the development process. Utilizing a qualitative research method, data were collected through interviews with key stakeholders in the Islamic banking sector and analysis of relevant documents. The interviews provided insights into the experiences and perspectives of industry professionals, while the document analysis offered a broader understanding of regulatory and operational contexts. The results indicate that effective Sharia management significantly improves product innovation and service quality. Managers with a deep understanding of Sharia principles can better navigate the complexities of developing compliant products, leading to more robust and diverse offerings. Furthermore, strong adherence to Sharia principles builds customer trust and loyalty, as clients feel more confident in the ethical and religious integrity of the services provided. The research also reveals that ongoing training and development for Sharia managers are crucial for sustaining growth. As the market evolves, continuous education ensures that managers remain adept at applying Sharia principles in innovative ways. Finally, the findings suggest that collaboration between Islamic banking institutions and regulatory bodies can enhance the overall efficiency of Sharia management practices. By working together, these entities can create a more supportive environment for product development, ensuring that Islamic banking in Indonesia continues to grow and meet the needs of its customers.
SHARIA BUSINESS INNOVATION MODEL IN ENHANCING SUSTAINABLE ECONOMIC GROWTH Kholishudin Kholishudin; Shelvyna Rikantasari
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 1 (2024): (JUNI) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i1.1151

Abstract

The primary challenge facing many economies today is achieving sustainable growth while adhering to ethical business practices. This is particularly relevant in the context of Sharia-compliant businesses, which must balance profitability with Islamic principles. Addressing this issue requires innovative business models that can promote both economic and social welfare. This study employs a qualitative research methodology, involving in-depth interviews with key stakeholders in Sharia-compliant businesses, including entrepreneurs, financial experts, and regulators. Data was collected through a series of structured and semi-structured interviews, followed by thematic analysis to identify key patterns and insights. The qualitative approach was chosen to gain a nuanced understanding of the complexities involved in implementing Sharia-compliant business innovations. The findings indicate that Sharia business innovations significantly contribute to sustainable economic growth by fostering financial inclusion and ethical investment. Successful models leverage technology to enhance transparency and efficiency, aligning business operations with Sharia principles while meeting market demands. Additionally, the study reveals that community engagement and education are crucial in promoting widespread acceptance and understanding of Sharia business practices. These innovations not only drive economic growth but also ensure that the benefits are equitably distributed, contributing to social stability. The research underscores the potential of Sharia-compliant business models to serve as a blueprint for sustainable development in various economic contexts.
SHARIA MARKETING STRATEGIES IN ENHANCING CUSTOMER LOYALTY IN ISLAMIC BANKS Muhammad Anang Firdaus
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 1 (2024): (JUNI) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i1.1152

Abstract

Sharia marketing strategies play a crucial role in enhancing customer loyalty in Islamic banks. By prioritizing ethical conduct, education, personalization, digital transformation, relationship marketing, transparency, community engagement, and effective communication, Islamic banks can build and maintain a loyal customer base. As the Islamic banking sector continues to grow, these strategies will be essential for sustaining long-term success and ensuring that customers remain committed to their values-driven banking relationships. The research methodology for this study on Sharia marketing strategies in enhancing customer loyalty in Islamic banks employs a qualitative approach to gain in-depth insights into the experiences, perceptions, and attitudes of customers. Data collection will involve semi-structured interviews with key stakeholders, including customers, marketing managers, and Sharia compliance officers from various Islamic banks. This study identified several key factors that contribute to customer loyalty in Islamic banks through Sharia marketing strategies. First, ethical conduct and transparency in marketing practices are crucial in building trust with customers, who view these as major differentiators from conventional banks. Second, education and awareness about Sharia-compliant products and services enhance customer loyalty, with educational initiatives like seminars and workshops being effective in increasing customer appreciation of Islamic banking principles. Third, personalized services play a significant role in boosting customer satisfaction and loyalty, with tailored financial solutions and support from relationship managers being highly valued. Digital transformation also emerged as an essential factor, with accessible and Sharia-compliant digital banking services improving convenience and efficiency for customers.
MAXIMIZING OPERATIONAL EFFICIENCY THROUGH INTEGRATED SUPPLY CHAIN MANAGEMENT Zulfatun Anisah
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 1 (2024): (JUNI) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i1.1153

Abstract

The study addresses the critical issue of optimizing supply chain management (SCM) for operational efficiency in a highly competitive and dynamic global market. The primary problem investigated is how companies can enhance their SCM processes to achieve significant operational improvements through various strategies, technologies, and practices. This research employs a comprehensive methodology, incorporating qualitative and quantitative analyses to examine key aspects such as inventory management, supplier relationships, technological integration, risk management, sustainability practices, and cross-departmental collaboration. The research methodology involves an in-depth analysis of SCM practices across multiple industries, utilizing case studies, surveys, and interviews with supply chain professionals. This mixed-methods approach provides a holistic understanding of how different elements of SCM contribute to overall operational efficiency. The findings reveal that effective inventory management, particularly through Just-In-Time (JIT) practices and Economic Order Quantity (EOQ), significantly reduces holding costs and minimizes waste. Strong supplier relationships are identified as pivotal for ensuring a reliable supply of quality materials, enhancing coordination, pricing, and delivery schedules. Technological integration, including Enterprise Resource Planning (ERP) systems, Internet of Things (IoT), and big data analytics, plays a crucial role in optimizing SCM by improving decision-making and operational visibility. Effective risk management strategies, including supplier diversification and proactive risk assessment, are essential for maintaining supply chain resilience. Sustainability practices contribute to operational efficiency and corporate social responsibility, meeting regulatory requirements and consumer expectations. Cross-departmental collaboration ensures seamless information flow and coordinated efforts, leading to improved Supply Chain Performance.
BLOCKCHAIN TECHNOLOGY AS A SERVICE IN ISLAMIC BANK Manida Niti Purbayudha
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 1 (2024): (JUNI) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i1.1156

Abstract

The integration of blockchain technology in Islamic banking holds significant promise for enhancing service delivery, increasing transparency, and ensuring compliance with Sharia principles. By leveraging the unique features of blockchain, such as its decentralized and immutable nature, Islamic banks can address critical challenges related to transparency, fraud, and operational efficiency. This study adopts a qualitative research methodology to explore the integration of blockchain technology in Islamic banking services. The primary objective is to understand the benefits, challenges, and future prospects of blockchain implementation from the perspective of industry experts, regulatory bodies, and banking professionals. The study indicates that blockchain technology holds substantial promise for enhancing Islamic banks' service delivery and compliance. Its transparency and immutability align with Sharia principles, providing a secure platform for transactions. Smart contracts can automate complex processes, reducing errors and ensuring adherence to regulations. However, challenges include regulatory uncertainty, technical complexity, high costs, and privacy concerns. Clear guidelines, infrastructure investment, and privacy measures like encryption and permissioned blockchains are needed. Future prospects are optimistic, with potential for revolutionizing cross-border transactions and developing Sharia-compliant financial products as regulations and technology advance.
BUSINESS MANAGEMENT STRATEGIES FOR SMES IN THE DIGITALIZATION ERA Anila Dani Sakinah
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 1 (2024): (JUNI) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i1.1178

Abstract

The digitalization era presents both opportunities and challenges for SMEs. To thrive in this new landscape, SMEs must adopt strategic management approaches that leverage digital technologies to enhance customer engagement, optimize internal processes, and ensure cybersecurity. This study employs a qualitative research method to explore the business management strategies of Small and Medium Enterprises (SMEs) in facing the digitalization era. The adoption of digital technologies is crucial for modern business success and sustainability. For SMEs, it levels the playing field with larger corporations by enhancing efficiency, customer experience, and market reach. Automation tools, like accounting software and inventory management systems, save time and resources. CRM systems personalize services and strengthen customer relationships. E-commerce platforms allow global sales and provide consumer insights. Data analytics supports informed decision- making, optimizing pricing, and inventory management. Digital marketing expands reach and engagement, while robust cybersecurity measures protect sensitive data. Continuous digital skills training and collaboration with technology partners ensure SMEs remain competitive.
Analysis of Market Development Challenges and Opportunities Bonds in Papua Land Sayful Saputra; Fathirul Akmal; Meilani Sukma Ayu; Tahiruddin Tahiruddin
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 2 (2024): (DESEMBER) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i2.1218

Abstract

In the context of developing the bond market in Tanah Papua, there are several major challenges such as lack of market infrastructure, low financial literacy, and limited access to bond products. This study aims to analyze the opportunities arising from rapid economic growth, increasing infrastructure needs, and abundant natural resource potential in this region. The method used is a qualitative approach through literature review and conceptual analysis. The results of the study indicate that with the right strategies, such as building market infrastructure, increasing financial literacy, and developing innovative bond products, Tanah Papua has great potential to develop a strong and sustainable bond market. The conclusion of this study is that developing the bond market in Tanah Papua can be the key to accelerating economic development and community welfare by addressing challenges through a holistic strategic approach. This study provides useful input for relevant stakeholders in efforts to develop the bond market in Tanah Papua, so that it can support economic growth and the welfare of the local community as a whole.
Benefits Of Sukuk For Infrastructure Development In Papua Fitria Pangesti; Dewi Shinta Nuriyah; Siti Nur Haliza
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 2 (2024): (DESEMBER) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i2.1219

Abstract

Sukuk are certificates that present proof of ownership which is divided into tangible assets, benefit value, services or ownership of project assets or investment activities. Issuance of Sukuk for general state financing purposes or financing specific projects, such as the construction of alrenative roads, airports, educational facilities and hospitals. This journal will focus on the benefits of sukuk for the development of Eastern Indonesia and aims to understand the impact and benefits of sukuk issuance in the context of economic and infrastructure development in the Eastern Indonesia region, especially Papua. It is stated in Law Number 19 of 2008 concerning State Sharia Securities, SBSN or State Sukuk, namely state securities whose issuance is based on sharia principles, is proof of participation in SBSN assets, both in rupiah and foreign currency. In general, there are several types of sukuk, namely: Mudharabah Sukuk, Murabahah Sukuk, Musyarakah Sukuk, Salam Sukuk, Istishna Sukuk, Ijarah Sukuk. The rate of economic growth and investment in a country or region cannot be separated from the availability of infrastructure such as transportation, telecommunications, sanitation and energy. This causes infrastructure development to become the foundation of sustainable economic development. Sukuk are starting to be used to finance government projects in various countries and one of them is in Eastern Indonesia, such as alternative roads, namely the Youtefa Bay Bridge and Siboru Airport in Nabire, West Papua.
Sharia Stock Investment On The Indonesian Stock Exchange In The Perspective Of Sharia Economic Law Muhammad Fatihk Robbyanzah; Gita Ayu Wulan Sari; Mirna Keliwawa; Muhammad Rizal Ariansyah; Samsul Fadli Irianto; Jukri Baharuddin; Shimah Fauziah Yeubun
PAPUA: International Journal of Sharia Business Management Vol. 1 No. 2 (2024): (DESEMBER) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT
Publisher : Study Program of Sharia Business Management , Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53491/papua.v1i2.1220

Abstract

Stock transactions in the capital market are considered speculative activities so that they are prohibited by Islam and are not in accordance with sharia because they lead to gambling. This study aims to provide an explanation to prospective investors about the law of stock investment from the perspective of sharia economic law. This research method uses a literature study which is used to examine the basis of sharia economic law regarding stock investment. The research results show that stock transactions are a business agreement (trade association or partnership), so buying and selling shares on the Indonesian Stock Exchange is permitted because shares are proof of ownership of a company in the form of assets. The jurists who allow this are Abu Zahrah, Abdurrahman Hasan and Abdul Wahab Khallaf.

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