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INDONESIA
Ikonomika : Jurnal Ekonomi dan Bisnis Islam
ISSN : 25273434     EISSN : 25275143     DOI : -
Core Subject : Economy,
IKONOMIKA: focused on primary studies: Islamic management, Islamic finance, Islamic Accounting, Islamic banks, and halal markets, has initiated the development of global economic advantages. Islamic based economics could not be seen as independent variable standing on side-by-side with conventional economic system. Ikonomika Journal of Islamic Economics and Business is dedicated to provide an intellectual space of scholarly discussion how the Islamic economics able to create the new global formation of Islamic economics, business and similar issues.
Arjuna Subject : -
Articles 8 Documents
Search results for , issue "Vol 10, No 1 (2025)" : 8 Documents clear
Optimizing The Role of ZISWAF in Empowering Community Economies: Challenges, Opportunities and Strategies for Increasing Public Awareness Ash-Shiddiqy, Muhammad; Sobirin, Mohamad; Ahalla Tsauro, Muhammad
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v10i1.20760

Abstract

This research aims to explore the role of Zakat, Infaq, Sadaqah, and Waqf (ZISWAF) as philanthropic instruments in promoting economic empowerment within communities. The study seeks to analyze the level of public awareness regarding the potential of ZISWAF to foster economic growth and improve community welfare. The study adopts a library research approach, synthesizing findings from existing literature related to the definition, concept, and implementation of ZISWAF across different contexts. By reviewing and analyzing these sources, the study evaluates the relationship between public awareness of ZISWAF and its impact on economic empowerment. The findings reveal that public awareness of ZISWAF plays a crucial role in determining the effectiveness of its impact on economic empowerment. A comprehensive understanding of ZISWAF is shown to be vital for its successful implementation. However, the research also highlights several challenges hindering its optimal use such as inadequate education on ZISWAF, regulatory barriers, and insufficient coordination among relevant stakeholders. These obstacles limit the potential of ZISWAF in fully contributing to economic empowerment. The study provides several recommendations for overcoming the challenges identified. It suggests strengthening educational initiatives to increase public knowledge about ZISWAF, encourage cross-sectoral collaboration between different organizations and sectors, and leverage technology to enhance the delivery and impact of ZISWAF initiatives. These measures aim to optimize the role of ZISWAF in supporting community economic empowerment and improving overall welfare. This research offers a significant contribution to the understanding of ZISWAF's potential as a philanthropic tool for economic empowerment. It highlights the importance of public awareness and proposes strategies to enhance the effectiveness of ZISWAF in promoting community welfare. The study’s findings serve as a valuable resource for policymakers, practitioners, and researchers aiming to optimize ZISWAF's impact on economic growth and community development.
The Effect of Zakat, Infaq and Sadaqah (ZIS) Funds on Economic Growth with Poverty Level as an Intervening Variable Sastraningsih, Ellyan; Suryadi, Nanda; Fizari Abu Hassan Asari, Fadli
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v10i1.22891

Abstract

This study examines the relationship between economic growth and poverty levels in Indonesia in relation to zakat, infaq and sadaqah (ZIS) funds over a five-year period from 2018 to 2022. Zakat, infaq and sadaqah (ZIS) significantly contribute to economic growth. Zakat can improve people's welfare. It can help people who lack the resources to meet their basic needs. This research employs quantitative techniques and SEM Smart PLS analysis. Non-probability sampling with saturated samples was used. The research results show a significant influence of ZIS on economic growth. Poverty significantly affects economic growth. ZIS significantly affects economic growth with poverty as a mediating variable. Effective ZIS management by zakat institutions is expected to foster empowerment programmes that directly benefit the community. Strong cooperation between stakeholders to optimise ZIS fund collection can improve community welfare.
Sustainability Reporting (ESG) Quality: a Comparative Study Between Manufacturing and Banking Companies Juanda, Ahmad; Setyawan, Setu; Naseer, Maryam Shahuneeza
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v10i1.23671

Abstract

This study aims to examine the influence of standalone CSR reports, GRI standards, and external assurance services on the quality of ESG sustainability reports between 2 sectors, namely the manufacturing and banking sectors. The data used in this study were 47 banking sectors and 163 manufacturing sectors. The results of this study are expected to provide an understanding of cross-sector sustainability and assist stakeholders regarding information on sustainable reporting practices. This study contributes, firstly, by providing evidence on the level of quality of sustainability reporting in two different sectors, namely the banking and manufacturing sectors. Secondly, this study focuses on standalone CSR disclosures, the use of GRI standards, and external assurance services. The findings show that the quality of ESG sustainability reports in the banking sector is more influenced by external assurance services. Banking companies assume that external assurance services can improve the credibility and quality of sustainability report information if the assurance process is carried out with a focus on meeting stakeholder needs and based on applicable assurance principles and standards. Meanwhile, in the manufacturing sector, the quality of ESG sustainability reports in banking companies is more influenced by their own CSR reports. CSR presented by a separate company is an important type of report because it shows the company's commitment to addressing environmental issues.
The Role of Interest as a Mediator in The Relationship of Knowledge And Islamic Financial Inclusion to The Loyalty Costumers of Non-Muslim Meilany, Ruswinalda; Fasiha, Fasiha; Moalla, Maya
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v9i2.25985

Abstract

Islamic banking in Indonesia is experiencing rapid growth with an increase in assets by 15% in 2023, including the growth of non-Muslim customers. However, its market share is still low at 7.3%, which triggers the need to understand the customer loyalty factor, especially non-Muslims. This study aims to explore the role of interest as a mediator between Islamic financial knowledge and inclusion on the loyalty of non-Muslim customers. This study uses a quantitative method with data collection through questionnaires that are analyzed using Partial Least Square (PLS). This study focuses on the entire population of non-Muslim customers at Bank BTN Syariah Kendari Branch with sampling techniques using accidental sampling. The results of this study show that knowledge and inclusion of Islamic finance have a significant effect on customer loyalty through interest with p values of 0.022 and 0.001 smaller than 0.05 and t-statistic of 2.289 and 3.407. The study concludes that knowledge and increased Islamic financial inclusion can strengthen the loyalty of non-Muslim customers
Does Green Thinking Lead to Green Purchasing? Determinants of Sustainable Consumption Behavior of Indonesian Muslim Scholars Susanti, Vitria Susanti; Zuliansyah, Ahmad; Yama, Arifeen
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v10i1.26247

Abstract

The growing awareness of climate change and environmental issues has led to the rise of green consumerism and heightened global environmental concerns. As individuals become more mindful of their role in preserving the environment, green consumerism has gained significant traction. This research is distinctive in its integration of Islamic religiosity and environmental concern as additional factors within the Theory of Planned Behavior (TPB), a widely established framework in behavioral studies. Using a quantitative approach, the study investigates the factors shaping sustainable behavior among Muslim academics in Indonesia, with an emphasis on expanding the TPB by incorporating two new variables: religiosity and environmental concern. The results highlight a discrepancy between attitudes and behaviors, particularly in relation to green purchasing patterns. These findings contribute to the development of the TPB, enhancing its explanatory power by including religious and environmental concerns as key determinants of sustainable consumption behavior.
Determinants of Islamic Social Reporting Disclosure: a Meta-Analysis Pratiwi, Maisya; Mohammed Inuwa, Abubakar
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v10i1.26392

Abstract

Islamic Social Reporting (ISR) serves as a corporate governance mechanism to ensure accountability and sustainability. Over the past decade, increasing attention has been devoted to studying the determinants influencing ISR disclosure, such as profitability, company size, and the Sharia Supervisory Board (SSB). However, findings across these studies have been diverse and occasionally contradictory due to the heterogeneity in sample characteristics. This study aims to conduct a meta-analysis of prior empirical research to provide a comprehensive and holistic understanding of the effects of profitability, company size, and SSB presence on ISR disclosure. The findings indicate that company size has a significant positive effect on ISR disclosure, suggesting that larger firms are more likely to engage in comprehensive social reporting due to increased scrutiny and a need for legitimacy. Conversely, the effects of profitability and Sharia Supervisory Board on ISR were found to be positive but not statistically significant, implying that these factors alone do not robustly predict ISR practices. These findings contribute to the theoretical understanding of ISR and offer practical implications for policymakers and practitioners aiming to enhance transparency and accountability in firms. Policymakers can formulate regulations to encourage ISR disclosure, while practitioners can develop ISR strategies aligned with ethical and sustainability goals to meet stakeholder expectations for transparency and accountability. The study concludes with recommendations for future research to address the observed gaps and expand the empirical base of ISR literature.
Determinants of E-wallet Acceptance Among Low-Income Group in Malaysia: a Pilot Study Syafatul Aqilla Binti Samar, Nur; Ismail, Shafinar; Abd Rahman, Nur Hayati
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v10i1.26415

Abstract

Developing acceptance of e-wallets among low-income groups is challenging due to factors such as financial limitations, digital literacy gaps, and concerns about security and usability. This study proposes a relationship model using a quantitative research design to validate the hypothesized factors and establish their interconnections. The key determinants influencing e-wallet acceptance include performance expectancy, effort expectancy, and facilitating conditions, with behavioral intention serving as a mediating factor. To ensure the reliability and validity of the research instrument, a two-step verification process was conducted. First, a panel of experts reviewed the questionnaire during the validation phase, and their feedback was incorporated. Second, a pilot study was conducted to examine the instrument's consistency using Cronbach’s Alpha coefficient reliability screening in SPSS 29 software. The results confirmed that all items were reliable, with a Cronbach’s Alpha coefficient exceeding 0.7, indicating strong internal consistency
The Need for Micro or Takaful in Islamic Insurance Partnerships in the Philippines M. Radiamoda, Anwar
IKONOMIKA Vol 10, No 1 (2025)
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/ijebi.v10i1.26527

Abstract

The study evaluates the feasibility of implementing affordable micro-Takaful solutions that align with Islamic finance principles to improve financial security for vulnerable groups. Findings indicate significant demand for Micro/Takaful in the Philippines, particularly among Muslim and low-income communities who face cultural and financial barriers to accessing conventional insurance. Micro-Takaful offers a Shari'ah-compliant, cost-effective alternative that fosters financial protection and mutual support. By promoting shared responsibility, it provides ethical insurance that aligns with Islamic values and has the potential to enhance social welfare, financial inclusion, and sustainability. The research highlights the importance of partnerships between Islamic financial institutions, local communities, and government entities to expand Micro/Takaful, ultimately improving financial security for underserved populations. With a growing Muslim population, the Philippines stands to benefit from this ethical model to meet the insurance needs of low-income communities.

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