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Contact Name
Aris Munandar
Contact Email
Aris Munandar
Phone
+6282145485255
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Editorial Address
Jl. Laksda Adisucipto, Papringan, Caturtunggal, Kec. Depok, Kabupaten Sleman, Daerah Istimewa Yogyakarta 55281
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Kab. sleman,
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INDONESIA
Global Review of Islamic Economics and Business
ISSN : 23387920     EISSN : 23382619     DOI : -
Core Subject : Economy,
The scope or coverage of this International journal will include but are not limited to: Islamic Economics, Islamic Business, Islamic banking, Islamic capital markets, Islamic wealth management, Issues on shariah implementation/practices of Islamic banking, Zakat and awqaf, Takaful, Islamic Corporate Finance, Shariah-compliant risk management, Islamic derivatives, Issues of Shari`ah Supervisory Boards, Islamic business ethics, Islamic Accounting, Islamic Auditing.
Articles 174 Documents
Inclusive Strategy Model for Strengthening Entrepreneurship among Muslims with Disabilities: A Penta-Helix and Co-Creation Approach Anik Puji Handayani; Budi Sutiono Pratama Nugraha; Hisham Al Ghunaimi; Gigih Aulia Hilmiawan; Melvin Rahma Sayuga Subroto
Global Review of Islamic Economics and Business Vol. 14 No. 1 (2026)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2026.141-01

Abstract

Muslims with disabilities face multidimensional barriers that limit their participation in formal employment, making entrepreneurship a strategic avenue for economic independence and social inclusion. This study develops a conceptual model of resilience for Muslim entrepreneurs with disabilities by integrating internal and external support factors through a Penta-Helix and co-creation perspective. Employing a qualitative approach that combines an extensive literature review with semi-structured interviews involving practitioners, policymakers, academics, and disability-focused NGOs, the study identifies key factors shaping entrepreneurial resilience. The findings reveal that resilience is not an innate trait but an emergent capability cultivated through the interaction of internal psychological strengths such as self-efficacy, persistence, opportunity recognition, innovativeness, and risk-taking and structured external support systems. Islamic values further reinforce emotional stability, moral discipline, and purpose-driven motivation. Despite these strengths, structural challenges persist, including limited market access, inadequate financial literacy, insufficient mentoring, and enduring social stigma. To address these barriers, the proposed model presents inclusive ecosystem solutions, including Sharia-compliant financing, integrated incubators, collaborative co-working hubs, mentoring platforms, and advocacy programs involving government, industry, academia, communities, and the media. This model contributes to the literature on disability entrepreneurship by offering a holistic, value-integrated, and ecosystem-oriented framework.
Green Entrepreneurial Orientation and Green Marketing Towards Business Sustainability: The Role of Corporate Social Responsibility in Bank Syariah Indonesia Purwoko; Muhammad Ali Fikri
Global Review of Islamic Economics and Business Vol. 14 No. 1 (2026)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2026.141-06

Abstract

Organizations need to adopt green strategies and social responsibility to maintain business sustainability, especially in developing countries such as Indonesia. This study analyzes the influence of green entrepreneurial orientation and green marketing on business sustainability, with corporate social responsibility as the mediating variable. The research employs a quantitative approach, using PLS-SEM, to test seven proposed hypotheses. The total sample for this study consists of 220 respondents from employees of Bank Syariah Indonesia. The study results show that green entrepreneurial orientation and green marketing positively influence business sustainability, but only green marketing significantly influences corporate social responsibility. Corporate social responsibility positively impacts business sustainability and significantly mediates the relationship between green marketing and business sustainability. Still, it does not mediate the relationship between green entrepreneurial orientation and business sustainability. The finding confirms the importance of integrating green marketing strategies and corporate social responsibility in achieving business sustainability. It highlights the role of corporate social responsibility in bridging the gap between green strategies and stakeholder expectations. This study provides theoretical contributions by reinforcing stakeholder theory, as well as practical contributions in formulating sustainable business strategies.
Sustainable Economic Performance in Kalimantan: A Perspective from Islamic and Conventional Banks—The Potential for Agricultural Financing and Financial Literacy Niken Lestari; Wahab
Global Review of Islamic Economics and Business Vol. 14 No. 1 (2026)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2026.141-05

Abstract

The island of Kalimantan, with its wealth of natural resources and strong agricultural and forestry sectors, is key to driving green economic development in Indonesia. This study develops a Data Envelopment Analysis model to measure sustainable economic performance in Kalimantan, focusing on the agricultural and forestry sectors. The potential for agricultural financing from commercial banks (conventional and Islamic banks), as well as regional banks (BPR and BPRS), is proposed as a driving factor for Sustainable Economic Performance, incorporating the moderating effect of financial literacy. This study utilises panel data from 55 regencies/cities on the island of Kalimantan for the period 2014–2023. The findings reveal that Sustainable Economic Performance on the island of Kalimantan is not yet efficient, with the highest level of Sustainable Economic Performance recorded in East Kalimantan Province and the lowest in South Kalimantan Province. Regression analysis results indicate that the potential for agricultural financing in Conventional Commercial Banks, Sharia Commercial Banks and Rural Banks (BPR) has a negative effect on Sustainable Economic Performance. However, the moderation of conventional and Sharia financial literacy successfully exerts a positive influence on the potential for agricultural financing in each of these banking sectors regarding Sustainable Economic Performance. Conversely, for Islamic Rural Banks (BPRS), no evidence was found of an influence of the potential for agricultural financing on Sustainable Economic Performance in Kalimantan, either before or after moderation by Islamic financial literacy. The research findings recommend that regulators provide substantial support for agricultural financing across various banking schemes and develop more integrated financial literacy enhancement programmes.
Football Investment and Economic Diversification in Islamic Economies: Evidence from GCC Countries Mohamed Abou Elseoud; Mohamed Yassin
Global Review of Islamic Economics and Business Vol. 14 No. 1 (2026)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2026.141-04

Abstract

This study examines the effect of football investment on economic diversification in GCC countries during the period 2000–2024. The analysis focuses on whether football-related investment contributes to non-oil economic growth, tourism expansion, and infrastructure development. This issue has become increasingly important as GCC economies continue to pursue long-term diversification strategies aimed at reducing dependence on oil revenues. The previous literature focuses on the short-term effects of mega sporting events, while this study examines both short-term and long-term economic effects of continuous football investment. The study employs a quantitative econometric framework using panel data analysis, Fixed Effects estimation, Difference-in-Differences, and the Synthetic Control Method. The results reveal that football investment has a positive and statistically significant effect on non-oil GDP growth, tourism activity, and infrastructure development across GCC countries. Major football events also generate substantial short-term economic gains, particularly in tourism, construction, and service sectors, while several positive effects continue beyond the event period. The paper concludes that football investment can support broader economic transformation when integrated into long-term development strategies, effective governance frameworks, and tourism-oriented policies. The paper contributes to sports economics and economic diversification literature by providing long-term empirical evidence from GCC economies and offering practical policy insights for sustainable development strategies