cover
Contact Name
Sheema Haseena Armina
Contact Email
sheemahaseenaarmina@unida.gontor.ac.id
Phone
-
Journal Mail Official
iej@unida.gontor.ac.id
Editorial Address
Department of Islamic Economics Jl. Raya Siman, Demangan - Siman - Ponorogo - Jawa Timur, 63471 Telp/HP. +62 812 35797925 Email: iej@unida.gontor.ac.id URL: https://ejournal.unida.gontor.ac.id/index.php/JEI
Location
Kab. ponorogo,
Jawa timur
INDONESIA
Islamic Ecomonics Journal
ISSN : 24601896     EISSN : 25415573     DOI : -
Islamic Economics Journal (IEJ) is a national peer-reviewed and open access journal that publishes research papers encompasses all aspects of contemporary Islamic economics issues. This journal emphasizes specifications in the discourse of Islamic Public Economics, Islamic Monetery Economics, Islamic Business Economics, Islamic International Economics and Islamic Development Economics. This journal openly accepts the contributions of experts from related disciplines. All published articles do not necessarily represent the views of journals, or other institutions that have links to journal publications. This journal is intended to communicate the original researches and current issues on the subject. This journal warmly welcomes any contributions from scholars of the related issues.
Articles 305 Documents
Analysis of Strategic Risk Management on National Board of Zakat (BAZNAS) in Sukabumi Hartomi Maulana; Soritua Ahmad Ramdani Harahap; Mentari Mentari Fazrinnia
Islamic Economics Journal Vol 8, No 2 (2022)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (887.986 KB) | DOI: 10.21111/iej.v8i2.8787

Abstract

Zakat is one of the five basic pillars of Islam. The main function of zakat is to help the economy of the mustahik and become a counterweight in the national economic sector. Government Regulation of the Republic of Indonesia explained that the management of zakat is regulated by a non-structural government agency, namely, the National Board of Zakat (BAZNAS) which is responsible to the President through the Minister. The inaugural meeting of the International Working Group on Zakat Core Principles, which resulted in an agreement that the identification of risks in zakat management is very important because it will affect the quality of zakat management in the future. The purpose of this study was to analyze the implementation and mitigation of strategic risk management in the BAZNAS in Sukabumi. This study employs quantitative approach as research method. Interview and documentation are used as data collection techniques. The results of this study found that implementation of strategic risk management and the mitigation of strategic risk of BAZNAS in Sukabumi is well implemented. The vision and mission risk is the biggest strategic risk that is likely to occur, while the strategic risk that has the greatest impact is the objective risk. The BAZNAS in Sukabumi has good risk mitigation based on the scale of risk vulnerability.
Identify the Issuance Problem of Corporate Green Sukuk in Indonesia Bella Tahya Hania; Endri Endri; Indra Indra
Islamic Economics Journal Vol 8, No 2 (2022)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (970.983 KB) | DOI: 10.21111/iej.v8i2.8404

Abstract

Sustainable financing is one of the international issues that has been widely discussed due to the issue of climate change. Green sukuk is one of the sustainable financing instruments that are sharia-compliant. However, companies in Indonesia have not shown interest in issuing corporate green sukuk. Various problems and challenges faced by the company to be able to issue corporate green sukuk. The purpose of this study is to know the problem of issuing corporate green sukuk in Indonesia and the best solutions that can be used. The research method used is Analytic Network Process (ANP). In this study, respondents came from experts of corporate green sukuk problems. Total respondents of this research were 5 peoples who came from academia, company actors and regulators. The results show that the main problem in issuing corporate green sukuk is the lack of understanding from market participants. Meanwhile, in terms of solutions, the incentive provided by the government is the main solution to encourage the issuance of corporate green sukuk.
Women's Empowerment From An Islamic Perspective (Analytical Study) Khoirul Umam; Muhammad Agus Waskito
Islamic Economics Journal Vol 8, No 2 (2022)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1133.828 KB) | DOI: 10.21111/iej.v8i2.9069

Abstract

Women's empowerment, which refers to feminist thinking, is a process of awareness and capacity towards greater participation to produce equality of degrees between women and men. It is because women are considered helpless. The economic factors that characterize women's empowerment make it partial and ignore the role of women in other aspects. In Islam, women's empowerment is holistic and multidimensional and covers religious, social, political, and economic aspects. Based on this, this study aims to describe women's empowerment in Islamic perspective and economic empowerment under women's empowerment in Islam. This research is literature research with a qualitive approach. In terms of analytical methods, this study uses critical analysis methods with data collection techniques through a literature review that examines women's empowerment from an Islamic perspective and its economic empowerment. The first research results show that the model of women's empowerment in Islam is a holistic preparation of empowered women that includes four religious, social, political, and economic dimensions. It means that the empowered woman in the Islamic perspective carries out her role with full awareness, including all aspects of her role, in the aspects of creation, character, and roles in the family and society, as well as the sufficiency of fardhu 'ain science as a guide to life. Second, women's economic empowerment in the women's empowerment in Islamic perspective is an effort to make women able to maintain, manage, use property, and develop the property for the benefit of themselves, their families and society in order to realize their optimal role.
Does Islamic Financial Development Reduce Carbon Emissions? Evidence from OIC Countries Nadya Setiawati; Daryn Salsabila
Islamic Economics Journal Vol 8, No 2 (2022)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (861.95 KB) | DOI: 10.21111/iej.v8i2.7333

Abstract

Islamic finance has great potential in encouraging the development of social and economic infrastructure. The rapid improvement of the Islamic finance sector and the increasingly good economic growth have a positive impact on infrastructure development in the Countries of the Organization Islamic Cooperation (OIC). The study analyzed the impact of the development of the Islamic financial sector on CO2 emissions in 12 OIC countries including the United Arab Emirates, Indonesia, Jordan, Kazakhstan, Kuwait, Lebanon, Malaysia, Nigeria, Pakistan, Saudi Arabia, Sudan and Turkey from 2013 to 2018. The dependent variables used are CO2 emissions, while independent variables include GDP per capita, Sukuk issuance, total sharia-compliant, total energy consumption, and industry value-added. The study used the Panel Corrected Standard Error (PCSE) method and robustness using the Newey-West standard error model. Results from the study showed that GDP per capita and industry value added significantly increased CO2 emissions. Conversely, Islamic financial development variables namely Sukuk issuance and total sharia-compliant have a negative and significant impact on CO2 emissions. This research suggests for policymakers to further encourage sustainable development of Islamic finance to encourage energy efficiency and renewable energy production and consumption to reduce CO2 emissions and maintain environmental quality.
Cash Waqf Literacy in Indonesia: Literature Studies and Perspectives of Islamic Economics Academics Nurul Jannah
Islamic Economics Journal Vol. 9 No. 1 (2023)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (882.232 KB) | DOI: 10.21111/iej.v9i1.8709

Abstract

Cash waqf in Indonesia has become a topic of discussion in the world of scientific articles, both national and international scientific articles. In addition, cash waqf has also been regulated in law but all of this does not make the literacy of Muslims in Indonesia increase related to cash waqf, this can be seen from the waqf funds collected are not optimal if look at the condition of Muslims in Indonesia. This study uses a qualitative approach to content analysis by using the FGD method as a complement to this research. The results in this study, there is still a lack of public literacy related to cash waqf by looking at several previous studies so that academics provide several strategies and inputs to improve public literacy related to cash waqf, so that people have awareness in cash waqf
Memodelkan Permintaan Uang Individu Muslim Khoirul Umam
Islamic Economics Journal Vol. 1 No. 1 (2012)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (394.447 KB) | DOI: 10.21111/iej.v1i1.154

Abstract

Makalah ini berusaha memodelkan permintaan uang individu Muslim dengan menderivasi faktor-faktor yang mempengaruhi individu Muslim dalam memegang uang. Faktor-faktor ini kemudian digabungkan dengan norma-norma Islam terkait harta dan uang yang mana akan mempengaruhi faktor-faktor tersebut. Ada empat faktor utama yang diderivasi pada paper ini, pertama adalah pendapatan. Faktor ini dihasilkan dari fungsi uang sebagai media pertukaran dan penyimpanan nilai. Faktor kedua adalah tingkat suku keuntungan aset selain uang yang mana merupakan konsekuensi dari fungsi uang sebagai alat penyimpanan nilai. Faktor selanjutnya adalah inflsi yang menjadi faktor dominan tatkala uang berfungsi sebagai alat penyimpanan nilai dan sebagai standar dari pembayaran yang ditunda. Terakhir adalah Zakat, yang menjadi faktor penting akibat fungsi uang sebagai alat penyimpanan nilai. Adapun norma-norma Islam dalam mengatur prilaku individu Muslim terhadap harta dan uang, dikelompokkan menjadi tiga. Pertama, adalah norma-norma Islam terkait cara mendapatkan harta, kedua terkait dengan batasan penggunaan harta, dan terakhir terkait dengan pendistribusian harta kepada individu lain. Norma-norma Islam ini akhirnya akan menjadikan faktor-faktor permintaan uang individu Muslim menjadi lebih moderat, produktif, dan stabil.
Konsumen Rasional dalam Perspektif Islam Suyoto Arief
Islamic Economics Journal Vol. 1 No. 1 (2012)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (470.503 KB) | DOI: 10.21111/iej.v1i1.155

Abstract

Islam adalah agama yang mengatur kehidupan ummatnya secara sempurna,bukan saja pada persoalan yang berkaitan dengan aqidah, akhlak dan ibadah, namun juga persoalan mu’amalah. Salah satu aspek mu’amalah manusia adalah berkaitan dengan konsumsi. Konsumsi seorang muslim memliki pola dan pendekatan yang berbeda dengan seorang non muslim. Dari sini, penulis ingin menguak mengenai konsumen rasional dalam perspektif Islam dengan menyingkap teori-teori konsumsi dan mengaitkannya dengan nilai-nilai Islam. Dari situ, dapat dipahami bahwa pola rasionalisasi konsumsinya pun berbeda dengan pola yang dimiliki oleh ekonomi konvensional. Konsumen rasional dalam ekonomi Islam tidak mengenal istilah israf dan tabdzir. Selain itu, orientasi ibadah lillah juga turut mempengaruhi tindak tanduk konsumen muslim. Melalui tulisan ini, penulis berharap dapat memberikan gambaran komprehensif mengenai konsumsen rasional dan pada akhirnya dapat memberikan sumbangsih pengetahuan bagi umat Islam secara umum bagaimana menjadi seorang konsumen muslim yang rasional.
Teori Uncertainty (ketidakpastian) dalam Keuangan Islam Setiawan bin Lahuri
Islamic Economics Journal Vol. 1 No. 1 (2012)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (556.225 KB) | DOI: 10.21111/iej.v1i1.156

Abstract

Ekonomi Islam merupakan suatu sistem ekonomi yang bertujuan untuk mewujudkan tingkat pertumbuhan ekonomi jangka panjang dan mewujudkan falah. Untuk mewujudkan tujuan tersebut, system keuangan Islam diharapkan dapat memotori pergerakan ekonomi umat sehingga falah dapat dicapai. Dalam kaitannya dengan system keuangan Islam, unsur ketidakpastian menjadi sebuah hal yang terkadang oleh beberapa pihak dianggap sebagai penyebab kerugian dari pihak penyedia dana. Dalam tulisan ini, penulis bermaksud membahas teori ketidakpastian dalam keuangan Islam dengan membahas berbagai aspek dalam keuangan Islam, seperti investasi, hukum dan aplikasi, untuk kemudian menarik sebuah simpul untuk mendeskripsikan teori ketidakpastian dalam keuangan Islam. Sistem keuangan Islam, yang mana banyak mengedepankan akadakad kerjasama, akan banyak mengalami kondisi ketidakpastian, ditambah dengan dihapusnya bunga dalam sistem keuangan Islam, semakin mempertegas hal tersebut. Hal itu semua dilakukan untuk menyeimbangkan antara sektor fiansial dan sektor riil, sehingga tujuan falah dapat tercapai.
Analisis Pengaruh Karakteristik Mauqūf ‘alaihi Terhadap Kelancaran Pelunasan Al-qardhu Al-hasan (Studi Kasus Program Protab di BWUT-MUI Provinsi DIY) Mufti afif
Islamic Economics Journal Vol. 1 No. 1 (2012)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (862.579 KB) | DOI: 10.21111/iej.v1i1.157

Abstract

Berita Resmi Statistik No. 45/07/Th. XV, 2 Juli 2012 menyebutkan; tinggi rendahnya tingkat kemiskinan yang terjadi di Indonesia salah satunya tergantung pada pendapatan yang diterima oleh masyarakat, pengeluaran terhadap pendidikan serta kebijakan pemerintah dalam menurunkan tingkat pengangguran. Adapun upaya pemerintah dalam meningkatkan pendapatan kaum miskin tersebut diberlakukan sebuah program pinjaman modal dan dana bantuan sosial.Badan Wakaf Uang Tunai (BWU-T) MUI DIY sebagai lembaga sosial kemasyarakatan, mencoba mendukung program pemerintah Indonesia dengan memberikan bantuan modal pada kaum miskin dengan membebaskan biaya-biaya yang memberatkan seperti jaminan dan agunan. Program BWU-T yang dinamakan PROTAB (Pinjaman Produktif Tanpa Agunan dan Biaya) itu tidak sekedar memberikan pinjaman dana saja, tapi juga memperhatikan mauquf alaihi (nasabahnya) berupa pendampingan dalam berwira usaha serta membina pengembangan usaha sebagai upaya pengawasan.Penelitian ini ditujukan untuk mengetahui faktor-faktor apakah yang mempengaruhi kelancaran mauquf alaihi dalam melunasi angsuran pinjaman di BWU-T. Adapun variabel-variabel yang diduga mempengaruhi kelancaran pembayaran pinjaman adalah karakteristik mauquf alaihi yang di dasarkan pada 3C (character, capasity dan condition), dan pengolahan data dilakukan dengan metode analisis regresi logistik.
Capitalism, Globalization & Islamic Economic System Muhammad Zeeshan Farrukh
Islamic Economics Journal Vol. 1 No. 1 (2012)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (331.364 KB) | DOI: 10.21111/iej.v1i1.158

Abstract

This paper explains the principles of Islamic economic system by differentiating conven-tional and Islamic economic systems. It is proved that there is an absolute clash between the secular and Islamic concept of economics as the one is self-centric while the other is based upon the welfare of the society respectively. The main reason of this attitude is the concept of akhirah (life after death) in Islamic economics but no such concept in western or secular concept, because the secular economic concept separates the religious thought from the worldly life. It is a pity fact that the present globalized world has been captured in the evil of self-centric economic system i.e. Capitalism.The main objective of Islam is to establish and maintain a welfare state which can be achieved by equitable distribution of wealth therefore Islam gives secondary importance to but the secular concept gives primary importance and wealth accumulation is the main objective of this concept.In this paper, the point of view has been explained with references from the Qura’anic verses and Ahadith. It has been explained that Islamic Economic System is not the name of implementation of just few Islamic Economic principles and modes in a society but it has linkage with the whole religion otherwise the fruits of this system could not be obtained.As far as prevalent Islamic Financial system is concerned, it is a good step towards the implementation of Islamic economic system but there is a requirement of seriousness in this context so that there is an obligation upon every Muslim to play a part to implement Islamic economic system.