MALIA: Jurnal Ekonomi Islam

The Potential of Stock Endowment in Indonesia as an Instrument for Islamic Economic Development

Catur Hayati Wulandari — 2023-08-11

The potential of stock endowment in Indonesia for Islamic economic development holds great promise, especially given the majority Muslim population. This potential can be optimized to enhance the impact of stock endowment. This research aims to explore the utilization of stock endowment as a catalyst for Islamic economic growth, evaluate effective management strategies for stock endowment, and assess its potential in Indonesia. Using a qualitative approach, this study involves a literature review through metasynthesis. The findings indicate a significant potential for stock endowment in Indonesia, with investors continuously increasing. These funds could play a crucial role in addressing economic challenges within the principles of Islam, including education, healthcare, economic initiatives, and infrastructure development, if allocated optimally and comprehensively.

Comparative Study of Contemporary Islamic Economic Thoughts Muhammad Abdul Mannan and Monzer Kahf

Nasyah Agus — 2023-08-07

Islamic economics is a distinctive discipline rooted in Islamic principles from the Qur'an and Hadith, offering diverse perspectives on economic phenomena. Islamic economists emphasize the application of Sharia principles and integrate ethical values and social justice into economic activities. This research focuses on the contributions of prominent scholars, Muhammad Abdul Mannan and Monzer Kahf, to contemporary Islamic economic thought. Employing a literature review approach, we analyze their works to explore similarities and differences in their interpretations of Islamic economic principles. The study aims to identify key areas of agreement and divergence in their perspectives, including profit-and-loss sharing, Islamic banking, poverty alleviation, and Islamic business ethics. Ultimately, the research seeks to shed light on the profound influence of Mannan and Kahf, fostering a deeper understanding of Islamic economics in today's global context.

Economic Empowerment Based on Islamic Philanthropy in Surabaya

Moh Arifin — 2023-08-03

_{Islamic philanthropy has an important role in alleviating poverty with a system of empowering the people's economy. The purpose of this study is to determine the economic empowerment of the people based on Islamic philanthropy. This study uses a type of qualitative research with an explanatory approach. Data collection uses observation, in-depth interviews, and documentation. Data analysis in this study uses interactive descriptive, where data obtained from the field is reduced, displayed and verified. The findings in this study are that the independent business group program carried out by YDSF has been able to increase people's income, so that they can reach the stage of prosperity. The business capital that is distributed comes from Islamic philanthropy which is empowered in productive activities.}

Analysis of Small Business Performance in Terms of Islamic Financial Literacy and Inclusion

Antin Rakhmawati — 2023-07-30

The main objective of this research is to investigate the level of knowledge of Islamic finance among small businesses and its impact on Islamic financial inclusion. The study adopts an explanatory research design and employs a quantitative approach. A total of 193 small business owners in Malang City, UK, participated as respondents in the study. The sampling technique used was side proportional random sampling with a 95% confidence level. The collected data were analyzed using linear regression analysis.The findings of the study reveal that there is a significant positive relationship between Islamic financial literacy and Islamic financial inclusion. Moreover, the study also highlights the significant influence of Islamic financial inclusion on the performance of small businesses in Malang City. These results align with previous research and provide valuable implications and directions for future studies in this field.

The Risk Mitigation of Mitraguna Financing to Collectability 5 Customers at Bank Syariah Indonesia

Mohammad Syaiful Suib — 2023-06-14

The purpose of this research is to understand the methods and strategies employed by Bank Syariah Indonesia to mitigate and minimize banking risks, particularly financing risks, in its business operations. This study utilizes a literature review methodology, collecting references from previous research and examining various journals to review the banking risk mitigation strategies. Bank Syariah Indonesia is a financial institution and a subsidiary of a state-owned enterprise (BUMN) that operates based on Sharia principles. In the course of its business activities, the bank faces potential risks. Therefore, Bank Syariah Indonesia must be able to mitigate the occurrence of risks, especially in financing products. To mitigate risks, Bank Syariah Indonesia implements strategies such as evaluating prospective customers using the 7 P approach and assessing their financial capabilities through the Debt Service Ratio (DSR) and Debt Burden Ratio (DBR).