International Review of Islamic Studies in Economics and Finance
International Review Of Islamic Studies in Economics and Finance (IRISEF) is an international scholarly journal dedicated to publishing high-quality articles on various aspects of Islamic economics, finance, and management. The journal aims to provide a platform for researchers, academics, and practitioners to contribute to the development of knowledge in the rapidly evolving and relevant field of Islamic studies. With an interdisciplinary approach, RIISEF examines both the theory and practice of economics and finance based on Sharia principles, while considering global challenges and developments. This journal accepts original research articles, literature reviews, and case studies focused on a wide range of topics, including but not limited to: Islamic Economic Thought: Analysis of the evolution of Islamic economic theory from classical to modern times. Islamic Banking and Finance: Studies on Islamic banking practices, Sharia-compliant financial products, and innovations in the sector. Islamic Social Economics: Discussions on the role of zakat, waqf, and social economics in empowering communities. Islamic Management and Business: Islamic business ethics, corporate governance, and Sharia-based entrepreneurship. Sustainable Finance: Studies on Islamic green finance and the application of sustainability principles in Islamic finance. Global and Comparative Studies: Research on the application of Islamic economic systems in different countries and comparative analysis with conventional economic systems. This journal focuses on understanding and providing Sharia-based solutions to contemporary economic and financial challenges, while highlighting the contribution of Islamic economics to global well-being. With a broad scope, RIISEF aims to be a leading reference for the development of Islamic economic and financial theory and practice worldwide. Main Objective: To advance understanding and research on the contributions of Islamic economics and finance to the global economy in a fair, sustainable, and inclusive manner. RIISEF welcomes contributions from various disciplines related to the above topics, from theoretical, legal, social, and policy perspectives. We invite researchers, academics, and practitioners to submit high-quality, innovative articles that offer new insights into Islamic economics and finance.
Global Halal Industry Governance and Policy: Regulatory Models, Supply Chain Integrity, and Harmonization Challenges
This article examines governance and policy in the global halal industry by analyzing how halal authority, certification, regulation, supply-chain control, and international harmonization shape market credibility and competitiveness. Using qualitative library research and comparative policy analysis, the study reviews academic literature and policy examples from Indonesia, Malaysia, Singapore, Brunei Darussalam, Thailand, the United Arab Emirates, and Pakistan. The findings show that halal governance is not limited to the issuance of certificates, but forms an integrated regulatory ecosystem involving religious legitimacy, public administration, inspection, laboratory verification, supply-chain assurance, and digital traceability. National halal systems display state-centered, religious-authority-integrated, and mixed regulatory models. These variations strengthen domestic halal assurance, yet they also create fragmentation, certification duplication, compliance costs, and uncertainty in cross-border recognition. The study recommends harmonized standards, credible mutual recognition, digital certification, blockchain-based traceability, stronger human resources, and greater inclusion of micro, small, and medium enterprises in halal value chains.
Copyright (c) 2026 International Review of Islamic Studies in Economics and Finance
Analysis Of Beef Production Forecasting Models in Lampung Province as a Basis for Nutritional Planning
Lampung Province is one of the potential regions for the development of the livestock subsector, particularly beef production. The availability of beef plays a strategic role in supporting regional economic growth, food security, and the fulfillment of community nutritional needs as a source of animal protein. Therefore, increasing livestock production should be directed through planned, efficient, and sustainable management. Such planning is closely related to feed availability, livestock management systems, land use, livestock waste management, and the control of environmental impacts. This study aims to analyze the development pattern of beef production in Lampung Province and to determine the most appropriate forecasting model as a basis for production planning to meet nutritional needs and strengthen community food security. The data used in this study were secondary data obtained from relevant institutions and analyzed using a quantitative descriptive approach by comparing several forecasting methods, namely Linear Regression, Moving Average, Weighted Moving Average, and Exponential Smoothing. The results show that beef production in Lampung Province fluctuated from year to year, influenced by livestock population, feed availability, farming systems, consumer demand, and local government policies. Based on model testing, Simple Linear Regression produced the best forecasting performance, with a Mean Absolute Deviation (MAD) of 1.984, a Mean Squared Error (MSE) of 4.840, and a Mean Absolute Percentage Error (MAPE) of 10.43%. The production projection for 2029 reaches 29,284 tons. These findings indicate that forecasting models can serve as planning instruments for maintaining animal protein availability, strengthening food and nutritional security, and supporting sustainable livestock environmental management in Lampung Province.
Analysis of Forecasting Catfish Production in Lampung Province
Catfish (Clarias spp.) is an affordable animal protein source with potential to support nutrition programs in Lampung. This study forecasts consumption catfish production in Lampung Province using annual secondary data from 2018 to 2024 obtained from BPS Lampung Province. The analysis compared Moving Average, Weighted Moving Average, and Single Exponential Smoothing with alpha 0.30 and 0.70 using POM-QM for Windows version 5. Forecast accuracy was evaluated with Mean Absolute Deviation, Mean Squared Error, and Mean Absolute Percentage Error. The three-year Weighted Moving Average method produced the lowest error values, namely MAD 1,544.22, MSE 3,516,383.0, and MAPE 4.363 percent. The 2025 forecast reached 35,190 tons, while the 2025 to 2030 projection showed stable production around 35,141.55 to 35,190 tons. These results indicate that WMA is suitable for short-term production planning and can support efficient catfish supply management in Lampung.
Ownership And Property In Islam: A Justice And Social Responsibility Perspective
The concept of ownership and wealth in Islam constitutes a fundamental aspect of Islamic economic thought, as it regulates how individuals acquire, utilize, and distribute wealth in a just and ethical manner. In the context of contemporary economic challenges such as wealth inequality, resource monopolization, and the lack of social responsibility in wealth management, Islamic principles offer a normative framework that views wealth not as absolute private property, but as a trust (amanah) from Allah. This study aims to analyze the concept of ownership and wealth in Islam, focusing on individual ownership, public ownership, state ownership, the social function of wealth, and ethical principles governing wealth management. This research employs a qualitative approach using a literature review method. Data were collected from relevant academic journals, books, and scholarly articles, and analyzed using descriptive-qualitative and normative approaches based on Islamic teachings derived from the Qur'an and Hadith. The findings indicate that Islam recognizes individual ownership as legitimate, provided it is acquired and utilized through legal means, while also imposing social and ethical responsibilities. Furthermore, Islam establishes public ownership for resources essential to collective welfare and assigns the state a strategic role in managing key sectors to ensure equitable distribution and economic stability. Wealth in Islam also carries a strong social function, implemented through mechanisms such as zakat, infaq, sadaqah, waqf, and bequests. Overall, the Islamic framework of ownership and wealth offers a balanced system integrating individual rights, social justice, and moral accountability.
Fiscal And Monetary Policy In Islamic Economics
This study aims to analyze the concept and implementation of fiscal and monetary policies in Islamic economics and their role in achieving economic stability and social justice. Fiscal policy in Islamic economics focuses on the management of state revenues and expenditures derived from instruments such as zakat, infaq, sadaqah, and taxes in accordance with Sharia, with the primary goal of improving public welfare and equitable distribution of wealth. Meanwhile, monetary policy in Islamic economics emphasizes controlling the money supply without using interest (riba), but rather through profit-sharing instruments such as mudharabah and musyarakah. The research method used is library research, reviewing various scientific literature related to Islamic economics. The results show that fiscal and monetary policies in Islamic economics have distinct characteristics from conventional systems, particularly in the prohibition of usury, the emphasis on distributive justice, and the orientation towards the welfare of the community. Optimal implementation of these two policies can create economic stability, reduce social inequality, and support sustainable economic development.
Analysis of Production Ethics from an Islamic Economic Perspective
This study aims to analyze production ethics from an Islamic economic perspective and examine its relevance as a solution to the problems of modern production, which tends to be solely profit-oriented. The method used is a qualitative approach with library research . Data were obtained from various written sources such as scientific journals, articles, and relevant books, then analyzed by systematically summarizing, categorizing, and understanding the information. The results show that production in conventional economics places more emphasis on achieving profit, while production in Islamic economics has a broader goal, namely achieving blessings and benefits. Production ethics in Islam emphasizes values such as honesty, justice, responsibility, and concern for the environment and society. This principle is also in line with the maqasid (Islamic principle). Sharia aims to maintain a balance between material and spiritual aspects. Thus, the application of production ethics in Islamic economics can provide a solution to address various modern production problems, such as resource exploitation, social inequality, and environmental degradation, and can create a more just, sustainable, and beneficial production system for all parties.
Implementation of the Prohibition on Usury and Prohibited Transactions in the Islamic Banking System
This study aims to analyze the implementation of the prohibition on usury and prohibited transactions in the Islamic banking system and to assess the level of compliance of Islamic financial institutions with Sharia principles in their operational practices. The background of this research is based on the strict prohibition of usury, gharar (uncertainty), and maysir (speculation) in Islam, as they have the potential to lead to injustice, economic exploitation, and imbalance in society. Therefore, Islamic banking exists as an alternative financial system based on the values ​​of justice, transparency, and welfare. This study used a qualitative method with a library research approach. Data were obtained from various sources, such as scientific journals, Islamic economics books, and regulations and fatwas from relevant authorities. Data analysis was conducted descriptively to provide a comprehensive overview of the implementation of Sharia principles in banking. The results show that the implementation of the prohibition on usury and prohibited transactions is realized through the use of Sharia contracts, such as mudharabah and musyarakah in profit-sharing systems, murabahah in sales and purchase transactions, and ijarah in leasing. Furthermore, the Sharia Supervisory Board (SSB) plays a crucial role in ensuring that banking operations comply with Sharia principles. However, challenges remain, including low public literacy regarding Sharia economics and the perception that Sharia banking practices are not entirely free from usury. Therefore, efforts are needed to increase public education, strengthen Sharia supervisory functions, and innovate financial products that remain compliant with Islamic principles. This is crucial for Sharia banking to develop optimally and sustainably in the face of the dynamics of the modern financial system.
Analysis of the Development, Implementation, and Contribution of Islamic Economics in Indonesia in Improving Social Welfare and National Economic Stability in the Modern Era
The Islamic economy in Indonesia has experienced significant development in recent decades, marked by the increasing number of Islamic financial institutions, supportive regulations, and public awareness of the Sharia-based economic system. The background of this research is based on the importance of assessing the extent to which the development and implementation of Islamic economics can make a real contribution to improving social welfare and maintaining national economic stability in the modern era full of challenges of globalization and digitalization. This study aims to analyze the development of Islamic economics in Indonesia, examine its implementation in various sectors, and evaluate its contribution to social welfare and national economic stability. The method used in this research is a qualitative method with a library research approach, which examines various scientific literature, journals, books, and official reports related to Islamic economics in Indonesia. The results show that the Islamic economy in Indonesia is growing rapidly through the Islamic banking sector, Islamic social finance such as zakat, infaq, sedekah, and waqf, and the halal industry. The implementation of Sharia principles in the economic system has been proven to increase financial inclusion, reduce social inequality, and strengthen national economic resilience. However, challenges remain, such as low Islamic financial literacy, limited human resources, and regulatory and technological optimization. The conclusion of this study confirms that Islamic economics plays a strategic role in promoting social welfare and national economic stability in Indonesia. With appropriate policy support, increased literacy, and digital-based innovation, Islamic economics has the potential to become a key pillar of equitable and sustainable economic development.
Dynamics of Economic Development in Facing Contemporary Global Challenges
Economic development in the contemporary era faces various complex challenges such as digitalization, climate change, social inequality, and global geopolitical uncertainty. Indonesia, as a developing country, has also experienced the impacts of these changes, especially after the COVID-19 pandemic, which slowed economic growth and widened the development gap between regions. This study aims to analyze the influence of contemporary challenges on economic development in Indonesia, specifically the influence of digitalization, climate change, dependence on foreign trade, and social inequality on regional economic growth. The study uses a quantitative approach with panel data analysis on all provinces in Indonesia during the period 2010–2023. Data were obtained from the Central Bureau of Statistics, Bank Indonesia, the World Bank, the IMF, the ITU, and the IPCC, then analyzed using a panel regression model with the help of EViews and Stata software. The results show that internet penetration has a positive and significant effect on economic growth through increased productivity and strengthening digital MSMEs. Conversely, climate change, social inequality, and dependence on primary commodity exports have a negative impact on economic stability and growth. This study emphasizes the importance of inclusive, digital-based, and climate-resilient economic development to support sustainable development in Indonesia .
Optimizing the Role of Zakat, Infak, Alms, and Waqf in Realizing Social Welfare for the Community
Zakat, infaq, sedekah, and waqf are important instruments in the Islamic economic system, possessing significant potential for improving the social welfare of the community. This study aims to analyze the role and optimization of zakat, infaq, alms, and waqf management in reducing poverty and social inequality. The method used is a literature review, reviewing various relevant literature, both from scientific journals and reference books. The results of the study indicate that professional, transparent, and accountable management can increase public trust and maximize the collection and distribution of Islamic social funds. Furthermore, the productive integration of zakat, infaq, alms, and waqf can encourage community economic empowerment, such as through micro-enterprise programs, education, and health services. Furthermore, this study also found that the use of digital technology in the management of Islamic social funds can expand the reach of collection and increase distribution efficiency. Synergy between managing institutions, the government, and the community is a key factor in creating a sustainable management system. Challenges faced include low public literacy, a lack of program innovation, and suboptimal institutional governance. Therefore, strategies are needed to strengthen institutional capacity, improve public education, and develop empowerment-based programs so that their benefits can be felt widely and equitably. Optimizing these four instruments can thus be a strategic solution to realize sustainable and equitable social welfare.
Analysis of the Basic Principles of Sharia Management in Realizing Ethical and Sustainable Organizational Governance
This research is motivated by the increasing complexity of modern organizations, ethical crises, low transparency, and weakening public trust in institutions, which indicate that profit-oriented management alone is inadequate. Sharia management is seen as an alternative because it emphasizes trustworthiness, justice, deliberation, transparency, professionalism, efficiency, and effectiveness as the basis for ethical and sustainable governance. The purpose of this study is to analyze the concept of each principle of sharia management, examine their holistic interrelationships, evaluate their relevance in facing the challenges of modern organizations, and formulate implementative recommendations for various organizational sectors. The research method used is a literature review by examining various scientific sources related to the principles of sharia management, Islamic work ethics, maqasid sharia, governance, and organizational sustainability. The results show that trustworthiness and justice are the foundation of integrity and balance of rights and obligations; deliberation strengthens decision-making participation; transparency increases accountability; professionalism or itqan encourages work quality; while efficiency and effectiveness direct the management of resources for optimality and benefit. The integration of all these principles makes sharia management relevant as a modern governance paradigm that is fair, ethical, adaptive, and sustainable, while at the same time being able to strengthen organizational legitimacy, increase stakeholder trust, balance material and spiritual goals, and contribute to more civilized economic and social development amidst global, digital challenges and changes in contemporary governance today.
Role Policy Fiscal And Monetary In Realize Stability Economy Islam
Economic stability is the primary objective of the Islamic economic system because it is directly related to the protection of welfare, distributive justice, sustainable growth, and the prevention of social damage caused by poverty, inflation, inequality, and financial crises. This article discusses the role of fiscal and monetary policies in realizing Islamic economic stability by placing the principles of maqāṣid al-sharī'ah, the prohibition of usury, justice, social responsibility, and the relationship between the financial sector and the real sector as the main analytical framework. The research method used is a literature study with a qualitative descriptive-analytical approach to academic literature, journal articles, scientific books, and the results of recent research on zakat, waqf, sukuk, Islamic banking, financial stability, and the transmission of monetary policy in the Islamic financial system. The results of the discussion show that Islamic fiscal policy works not only through taxes and state spending, but also through instruments of zakat, infaq, sedekah, waqf, and public asset management that aim to strengthen the purchasing power of vulnerable groups, reduce inequality, and maintain aggregate demand. Meanwhile, Islamic monetary policy is aimed at maintaining the stability of the value of money, controlling liquidity, encouraging productive financing, and avoiding excessive speculation. Synergy between the two is necessary so that economic stability is not only defined as low inflation and positive growth, but also as achieving social justice, financial inclusion, balance between the real and financial sectors, and sustainable public welfare.
This study examines the Islamic view of ownership and wealth as fundamental concepts in Islamic economics. This study aims to analyze the principles of ownership in Islam, identify the ethical basis for wealth management, and examine its relevance in facing contemporary economic challenges. The method used is a qualitative approach with a literature study, sourced from the Qur'an, Hadith, as well as academic literature and reputable journals. The results of the study indicate that ownership in Islam is not absolute, but relative, because all wealth essentially belongs to Allah SWT, while humans are only managers. Islam recognizes individual ownership, but provides moral and legal boundaries to achieve justice, balance, and social responsibility. Instruments such as zakat, waqf, and sadaqah play an important role in the distribution of wealth and reduce economic inequality.
Zakat, Islamic Financial Institutions, Juridical, Regulation
Comparison Concept With System Capitalism And Socialism
The development of the global economic system has revealed various issues such as income inequality, financial crises, and moral degradation in economic activities. Capitalism and socialism are considered unable to provide comprehensive solutions, leading to the emergence of Islamic economics as an alternative system that integrates material and spiritual values. This study aims to analyze the concept of Islamic economics, examine its scope, compare it with capitalism and socialism, and identify existing research gaps. This research employs a qualitative approach with a descriptive-analytical method through library research, utilizing relevant academic literature as data sources. The results indicate that Islamic economics is a Sharia-based economic system that emphasizes justice, balance, and holistic welfare (falah). Its scope includes micro and macroeconomics, Islamic finance, wealth distribution, and fiqh muamalah. Compared to capitalism and socialism, Islamic economics has unique characteristics by combining market efficiency with social justice while rejecting exploitative practices such as riba (interest). However, gaps remain between theory and practice, along with limited empirical studies, indicating the need for further development to ensure the relevance of Islamic economics in the global economic system.
Basis Of Decision Making' Decision In Organizations, Decisions Based On Benefits And Mafsadat
This study aims to examine the foundations of decision-making in organizations by integrating rational, behavioral, participatory (deliberation), and ethical approaches based on the concepts of maslahah (benefit) and mafsadah (harm) within an Islamic perspective. The research applies a qualitative method through a literature review of relevant scholarly sources. The findings reveal that decision-making is influenced not only by rational considerations but also by cognitive, emotional, social, and situational factors. In organizational settings, participatory decision-making (deliberation) has been shown to enhance decision quality, strengthen legitimacy, and increase members' commitment to the outcomes. Nevertheless, its implementation still encounters several challenges, such as time limitations and group dynamics. Furthermore, the concepts of maslahah and mafsadah provide an ethical foundation by emphasizing the balance between benefits and risks in the decision-making process. The integration of these approaches leads to a more comprehensive, adaptive, and sustainable decision-making framework. This study is expected to contribute to the advancement of both theoretical and practical aspects of effective and value-based decision-making.
Draft Motivation In Islam, Reward And Punishment In Sharia, Islamic Work Culture
This study aims to analyze work direction and motivation based on Islamic values, focusing on the concept of motivation in Islam, the implementation of reward and punishment in Sharia, and Islamic work culture. The background of this research is the dominance of conventional work motivation approaches that mainly emphasize material aspects and have not fully addressed human needs in a holistic manner. In this context, Islam offers a more comprehensive approach by integrating spiritual, moral, and social dimensions into work activities. This research uses a qualitative approach with a library research method. The data used are secondary data obtained from reputable international journals, academic books, and primary Islamic sources such as the Qur'an and Hadith. Data collection techniques were carried out through documentation studies, while data analysis used content analysis to regularly examine and interpret relevant concepts. The results show that work motivation in Islam is not only driven by material needs but also by spiritual awareness, where work is considered a form of worship to Allah. The application of reward and punishment in Sharia serves not only as a control mechanism but also as an educational tool to shape positive work behavior. In addition, Islamic work culture, which emphasizes values such as honesty, responsibility, discipline, and cooperation, can create a productive and harmonious work environment. his study contributes theoretically to the development of Islamic human resources management and practical provides guidance for organizations in designing effective and sustainable work motivation systems based on Islamic values.
Ethics Behind The Process: Production Analysis From An Islamic Perspective That Is Just In Modern Industry
This study was initiated due to the swift expansion of contemporary industry influenced by globalization and advancements in technology, which frequently neglects the ethical and fairness elements in the manufacturing process. The emphasis on productivity and maximizing profits results in several issues, including the mistreatment of workers, uneven distribution of wealth, and harm to the environment. This scenario reveals a disconnect between today's production methods and the moral teachings of Islam. Consequently, this research seeks to explore the notion of production from the viewpoint of Islam and evaluate how justice values apply to contemporary production practices. The primary inquiries are: what does ethical production mean in Islam, how well do modern methods match these values, and how can justice be implemented in the present industrial landscape? The study uses a qualitative approach with a design that relies on literature, gathering information from academic articles, books, and scholarly papers. The analysis is performed in a descriptive, qualitative, and normative manner, employing maqasid al-shariah and comparison methods. The outcomes indicate that current production methods do not fully embody Islamic ideals of justice, integrity, and accountability, particularly concerning labor rights, product clarity, and environmental care. This ethics indicates that the principles of Islamic production are still very pertinent as a guide for establishing a more equitable and sustainable system. This research concludes that it is essential to incorporate Islamic ethical principles into production and suggests that future studies should utilize empirical methods based on real-world data.
Income Distribution and Economic Justice in Islamic Economics
Economic inequality remains a major problem in various countries, including Indonesia, characterized by unequal income distribution. This study aims to analyze the role of the distribution system in Islamic economics in addressing economic inequality, with a focus on the instruments of zakat, infaq, sedekah, and waqf. The research method used is a qualitative approach with a literature study (library research), utilizing secondary data obtained from reputable international journals and relevant scientific sources. Data analysis techniques were conducted descriptively and qualitatively by comparing the results of various previous studies. The results show that the Islamic distribution system has great potential in reducing economic inequality through a more equitable mechanism for wealth redistribution. Zakat has been proven to play a role in improving community welfare and reducing poverty levels, while other instruments such as waqf, infaq, and sedekah contribute to sustainable social and economic development. However, in practice, the effectiveness of this system still faces various obstacles, such as low public awareness, suboptimal institutional management, and limited use of technology. Thus, it can be concluded that the Islamic distribution system is a relevant solution to address economic inequality, but requires strengthening in implementation to achieve maximum impact. This research is expected to contribute to the development of Islamic economics and serve as a reference for policymakers in formulating more effective strategies for economic equality.
Integration Of Morality In Organizational Activities, Islamic Work Ethics, Values Of Honesty, Discipline, Responsibility And Service
This study aims to examine the application of Islamic business ethics and organizational culture in a modern context, emphasizing moral values, Islamic work ethics, honesty ( ṣidq ), discipline, responsibility ( amanah ), and service ( ihsan ). The method used was a literature review, analyzing reputable international journals related to Islamic business ethics. The results of the study indicate that Islamic business ethics is not only normative but also plays a strategic role in building trust, improving organizational performance, and supporting business objectives. The values ​​of honesty and responsibility form the basis of harmonious relationships with stakeholders, while Islamic discipline and work ethics increase productivity. Service based on spiritual values ​​also contributes to customer satisfaction and organizational image. This study also found a gap between the concept and practice of Islamic business ethics, necessitating a stronger integration between Islamic values ​​​​and modern management.
This study aims to analyze the role of Islamic operational management in improving business performance within the halal industry. This research adopts a qualitative approach using a literature study method by examining various reputable international journal articles and relevant scientific sources. The findings indicate that Islamic operational management plays a significant role in enhancing business performance through the implementation of ethical values such as transparency, accountability, and fairness in operational activities. Operational performance is also identified as a key supporting factor that contributes to business success. In addition, technological advances strengthen the effectiveness of Islamic operational management by improving efficiency, traceability, and decision-making processes. Overall, the integration of Islamic principles, effective operational management, and technological support can create a sustainable and competitive business system in the modern era.
Analysis Organizing in Sharia Management through Distribution Integration Task Structure Coordinating Islamic Organization Work and Brotherhood
This study aims to analyze organizing in Islamic management, focusing on the division of tasks and authority, Islamic organizational structure, work coordination, and the value of ukhuwah (brotherhood) within organizations. This research employs a qualitative approach using a library research method by reviewing relevant academic literature. Data analysis is conducted through content analysis and thematic analysis to identify patterns and relationships among key concepts. The findings reveal that organizing in Islamic management is holistic in nature, integrating structural aspects with Islamic spiritual values. The division of tasks is based on the principles of justice ( al - 'adl ) and trust ( amanah ), creating a balance between responsibilities and individual competencies. The organizational structure is adaptive while remaining grounded in transparency, accountability, and Sharia compliance. Work coordination is carried out through open communication and consultation ( shura ), which enhances both effectiveness and harmonious relationships among members. Meanwhile, the value of ukhuwah plays a crucial role in fostering trust, solidarity, and collective commitment within the organization. Overall, organizing in Islamic management is not solely oriented toward operational efficiency but also toward achieving broader welfare and sustainability. Therefore, this approach is relevant as an alternative management system that is ethical, humanistic, and sustainable.
Analysis of the Impact of Social Media on Tourist Interest in Visiting Tourist Destinations in Bali (Case Study on Tanah Lot Bali)
This study aims to analyze the influence of social media and other supporting factors on tourists' desire to visit tourist destinations, specifically using Tanah Lot Bali as a case study. Data were analyzed from two quantitative studies focusing on Bali (Tirta Empul) and Yogyakarta (Bantul Regency). The synthesis of results shows that social media (particularly TikTok) has a very strong and significant influence on visitor interest. Furthermore, factors such as tourist facilities and the creation of a positive destination image are also crucial in encouraging tourists to visit and return. These findings suggest to Tanah Lot managers that effective digital promotion must be in line with the quality of on-site services and facilities
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Analysis of the Influence of Urbanization, Tourism, and Manufacturing Industry on Economic Growth in Lampung
This study examines the impact of urbanization, tourism, and manufacturing on economic growth in Lampung Province. Secondary data from the Central Statistics Agency (BPS) for the period 2014–2023 were used. The analytical method used was multiple linear regression. The results indicate that the tourism sector has a positive and statistically significant impact on economic growth, while the urbanization and manufacturing variables have a positive but insignificant influence. At the same time, all independent variables have a significant impact on economic growth. The coefficient of determination (R²) of 0.851 indicates that 85.1% of the variance in economic growth can be explained by the model. These findings confirm the strategic role of the tourism sector as a major driver of regional economic growth and the importance of strengthening the quality of urban development and the competitiveness of the manufacturing sector in Lampung Province.
Regional Economic Analysis: A Development from the Periphery Approach for Equitable Development: A Case Study in Bandar Lampung City
The formation of Mega Urban Areas in Java Province reflects profound spatial and socio-economic changes triggered by rapid urbanization and regional development This process is characterized by the expansion and consolidation of various metropolitan areas into vast urban belts, particularly in the Jakarta-Bandung region, creating a complex mosaic of urban and rural areas. These mega urban areas demonstrate the dynamic interplay between urban growth, infrastructure development, and governance challenges, including the management of fragmented areas resulting from regional government autonomy. This article examines the spatial patterns, socio-economic implications, and governance frameworks shaping mega urbanization in Java, highlighting the continuities and changes observed in urban expansion, infrastructure connectivity, and economic activity. The findings emphasize the need for integrated regional planning to address the environmental, social, and economic sustainability of these rapidly expanding urban areas.
Integrated Regional Planning Strategy to Address the Challenges of Mega Urban Regions in Java
The formation of Mega Urban Areas in Java Province reflects profound spatial and socio-economic changes triggered by rapid urbanization and regional development. This process is characterized by the expansion and consolidation of various metropolitan areas into vast urban belts, particularly in the Jakarta-Bandung region, creating a complex mosaic of urban and rural areas. These mega urban areas demonstrate the dynamic interplay between urban growth, infrastructure development, and governance challenges, including the management of fragmented areas resulting from regional government autonomy. This article examines the spatial patterns, socio-economic implications, and governance frameworks shaping mega urbanization in Java, highlighting the continuities and changes observed in urban expansion, infrastructure connectivity, and economic activity. The findings emphasize the need for integrated regional planning to address the environmental, social, and economic sustainability of these rapidly expanding urban areas.
Comparative Analysis of Government Foreign Debt and Indonesia's Economic Growth for the 2021-2023 Period
Foreign debt is a crucial financing instrument for many countries, including Indonesia, especially in facing the challenges of economic recovery after the COVID-19 pandemic. The period of 2021-2023 is a unique time frame with debt dynamics and economic growth interacting amid global uncertainty. This study aims to comparatively analyze the development of Indonesia's government foreign debt and Gross Domestic Product (GDP) during this period. Using a quantitative approach and comparative descriptive methods, this study processes annual secondary data sourced from the Central Statistics Agency (BPS) and Bank Indonesia (BI). The main results show that Indonesia's GDP experienced solid and consistent growth, while government foreign debt also increased but at a more moderate rate. A key finding of this study is the downward trend in the debt-to-GDP ratio from year to year, which indicates an improvement in fiscal health and an increase in the country's economic capacity to bear its obligations. This decline indicates that strong economic growth has been able to outpace the rate of debt accumulation during the study period.
Management Of Services And Products Of Islamic Financial Institutions: Integration Of Islamic Values Into Modern Financial Structures
Islamic Financial Institutions (IFIs) have emerged as an alternative financial system that not only offers interest-free financial services but also emphasizes distributive justice, transparency, and social responsibility. This article aims to examine the application of modern management functions within IFIs through an integrative approach that incorporates Shariah values. Employing a normative qualitative method through literature review, this study analyzes primary sources such as fatwas issued by the National Sharia Council (DSN-MUI) and Islamic banking regulations, as well as secondary literature covering management theories, Islamic commercial jurisprudence (fiqh muamalah), and the objectives of Shariah (maqāṣid al-sharīʿah). The findings indicate that managerial functions in IFIs—from planning to decision-making—have been aligned with Islamic ethics through principles such as consultation (shūrā), honesty (ṣidq), and justice (ʿadl). Furthermore, Shariah-compliant financial products and services, including muḍārabah, mushārakah, murābaḥah, and productive waqf, are not solely profit-oriented but are also directed toward promoting sustainable economic development and community empowerment. Therefore, the management of Islamic financial products and services plays a strategic role in fostering a financial system that is not only ḥalāl in jurisprudential terms but also socially and spiritually impactful.
Islamic Management Shariah-Compliant Products
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Role Board Supervisor Sharia In Strengthening Sharia Compliance Management in Islamic Financial Institutions
The rapid development of the Islamic financial industry in Indonesia requires strengthening the supervisory system to maintain integrity and compliance with sharia principles. Islamic Financial Institutions (LKS) are not only oriented towards profitability, but are also required to comply with Islamic law which rejects the practices of usury, gharar, and maysir. In this context, the Sharia Supervisory Board (SSB) has a crucial role to ensure that the institution's operations run in accordance with sharia principles. The focus of this study is to analyze the strategic role and form of SSB involvement in sharia compliance management in LKS and to identify the challenges faced and strategies for strengthening them. This study uses a descriptive qualitative approach with data collection techniques in the form of literature studies, document analysis, and semi-structured interviews with expert informants in the field of sharia economic law. The results of the study show that SSB has a multifunctional function, ranging from providing sharia fatwas, operational supervision, internal education, to being a strategic partner for management in compliance governance. However, SSB also faces various obstacles such as limited independence, access to information, and technical capabilities. Therefore, the strategy to strengthen the DPS needs to be directed at regulatory reform, optimization of organizational structure, increasing human resource capacity, and utilizing technology in the supervisory system. This study confirms that the existence of a strong and effective DPS is the key to the success of LKS in maintaining sharia credibility and public trust in a sustainable manner.
Sharia Supervisory Board, Sharia Compliance, Islamic Financial Institutions
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Legal Review Of Zakat Implementation In Sharia Financial Institutions
This study aims to examine the implementation of zakat in Islamic Financial Institutions (IFIs) in Indonesia from a juridical perspective. This research employs a normative juridical method with legislative and conceptual approaches. The findings indicate that the implementation of zakat within IFIs holds significant potential for improving community welfare and reducing poverty. However, several legal issues need to be addressed, such as the absence of specific technical regulations governing the role of IFIs in zakat management, the potential overlap between social and commercial functions, the lack of standardized management and reporting of zakat, issues surrounding the conversion of zakat into productive forms, and the lack of synchronization among the Financial Services Authority (OJK), the National Zakat Board (BAZNAS), and the Ministry of Religious Affairs. To overcome these challenges, it is necessary to formulate specific regulations, strengthen institutional capacity, apply good governance principles, enhance institutional synergy, and increase zakat literacy.
Analysis of Online Lending Practices in the Perspective of Sharia Economic Law in the Digital Era
Abstract The development of globalization in the digital era has had a major impact on the economy, one of which is through the emergence of online loan services/pinjol. However, this phenomenon has also raised new problems, especially the rampant practice of illegal online loans/pinjol that exploit the high market potential in Indonesia. One of the violations that often occurs is the misuse of user personal data without permission which is contrary to the Electronic Information and Transactions Law (UU ITE) especially in Articles 26 and 31 in conjunction with Article 48. Meanwhile, from the perspective of sharia economic law, illegal pinjol practices are contrary to sharia principles because they contain elements of usury (additional prohibited), gharar (unclear agreement), and tyrannical actions (harming other parties). Financial transactions in Islam must be based on the principles of justice, honesty, and mutual consent. Therefore, things like this require more attention to handle online loan cases in the digital era to face the challenges of online loans (pinjol) in the digital era that are in accordance with sharia principles. Keywords: online loans, ITE Law, personal data, sharia economic law, usury, digital era.