International Journal of Islamic Business and Economics (IJIBEC)
Journal title International Journal of Islamic Business and Economics (IJIBEC) Initials IJIBEC Frequency Two issues per year DOI Prefix 10.28918 by Online ISSN 2615-420X Print ISSN 2599-3216 Editor-in-chief Dr. Kuat Ismanto Publisher Faculty of Islamic Economics and Business - Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan Indonesia Citation Analysis Google Scholar I Garuda I Sinta I Dimensions I DOAJ International Journal of Islamic Business and Economics (IJIBEC) is an international peer-reviewed journal that publishes high-quality articles dedicated to all aspects of Islamic economics's latest developments, especially on Small and Micro Enterprises. IJIBEC is a globally recognized journal offering an authoritative source of scientific information for researchers and scholars, research institutions, government agencies, and various industries. IJIBEC has been accredited on the grade of Sinta 3 by the Ministry of Research, Technology, and Higher Education of The Republic of Indonesia based on Decree No. 10/C/C3/DT.05.00/2025 on March 21, 2025. The ISSN for IJIBEC is 2599-3216 (Printed) and 2615-420X (Online). The journal registered in the CrossRef system with Digital Object Identifier (DOI) prefix 10.28918. All submitted papers undergo a peer-review process, evaluated by at least two reviewers. IJIBEC is published and printed by the Faculty of Islamic Economics and Business of Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan. The journal collaborates with the MES - Sharia Economic Community and AFEBIS - Association of Islamic Economics and Business Faculties of Islamic Religious Universities Ministry of Religion of the Republic of Indonesia. IJIBEC indexed in: DOAJ, GARUDA, SINTA, Google Scholar, Editage, The authors joining IJIBEC include Indonesia, Malaysia, Afghanistan, Vietnam, Turkey, the United Kingdom, Morocco, Australia, China, Brunei Darussalam, Nigeria, Saudi Arabia, Algeria, Palestine, Bangladesh, Vietnam, and Ethiopia.
Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan
Arabic Usage in Indonesian Islamic Financial Contracts: Exploring Conceptual, Technological, and Socio-Cultural Integration
This comprehensive bibliometric and qualitative content analysis critically examines the evolving role of Arabic language contracts in Indonesian Islamic financial institutions, employing the Theory, Context, and Methodology (TCM) framework to integrate legal, cultural, and technological dimensions. The study strategically applies advanced science mapping protocols, with Scopus indexed extraction, rigorous contextual clustering, and descriptive relational text-mining approaches to synthesize 82 articles published between 2015 and 2025. The results highlight a persistent dominance of Shariah compliance, Arabic linguistic authority, and governance in contract legitimacy, yet they expose substantial gaps in public literacy, regulatory adaptation, and technological integration. Notably, empirical findings reveal that, despite regulatory intent, many stakeholders confront barriers to understanding and implementing Arabic contracts, with multilingual documentation and digital innovations like blockchain and fintech models offering solutions yet facing adoption challenges. The discussion situates these findings within broader research, demonstrating how they extend, nuance, and sometimes contradict prior studies through multidimensional analysis, particularly in local adaptation, stakeholder engagement, and the transformative impact of technology. Importantly, this review contributes novel theoretical and methodological perspectives, advocating composite models and advanced analytics to address persistent empirical gaps. Future research should prioritize comparative and longitudinal studies, innovative contract designs bridging language and technology, and big data methods to explore behavioral outcomes. Overall, this study establishes a foundation for more inclusive and resilient Islamic contract practice.
Copyright (c) 2026 International Journal of Islamic Business and Economics (IJIBEC)
Exploring the Determinants of Digital Payment Adoption for Philanthropic Activities in Mosques: Evidence from Banjarbaru, Indonesia
This study aims to examine the influence of perceived ease of use, security, and compliance with Sharia principles on mosque congregants’ intention to use QRIS (Quick Response Code Indonesian Standard) as a digital payment instrument for infaq and sadaqah in Banjarbaru City, Indonesia. Employing a quantitative survey approach, data were collected through an online questionnaire distributed via Google Forms to congregants from five mosques that have implemented QRIS payment services, namely the Al-Munawwarah Grand Mosque, Hidayatullah Muhajirin Jami Mosque, Kanzul Khairat Mosque, Baburrayyan Mosque, and Miftahul Khairat Mosque. Prior to completing the questionnaire, respondents were screened based on their experience in using QRIS for charitable transactions. A total of 154 respondents participated in the study, predominantly female students and university students aged 12–25 years. The collected data were analyzed using multiple linear regression with IBM SPSS Statistics version 21. The findings reveal that perceived ease of use, security, and Sharia compliance simultaneously exert a positive and significant influence on the intention to use QRIS for mosque-based Islamic philanthropy. Among these variables, Sharia compliance emerges as the most influential factor in encouraging QRIS adoption. These findings imply that the successful implementation of digital Islamic philanthropy platforms depends not only on technological convenience and transaction security but also on the integration of Islamic values and Sharia legitimacy. Consequently, mosque administrators, Islamic financial institutions, and policymakers should strengthen Sharia-oriented digital payment governance, enhance public trust in fintech systems, and promote digital literacy to accelerate the adoption of QRIS in mosque-based charitable activities.
QRIS; Convenience; Security; Sharia Compliance; Interest in Use; Technology
Entrepreneurship Practicum Learning and Entrepreneurial Intention amongUniversity Students: The Sequential Mediating Roles of EntrepreneurialMindset and Self-Efficacy
This study aims to examine the effect of entrepreneurship practicum learning on entrepreneurial intention through entrepreneurial mindset and entrepreneurial self-efficacy as serial mediators. Although entrepreneurship practicum learning has increasingly been implemented in higher education, the psychological mechanisms that explain how this type of learning shapes entrepreneurial intention remain relatively underexplored. The study employed a quantitative explanatory design involving 157 students participating in entrepreneurship practicum courses. Data were collected using a structured questionnaire and analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM). The findings indicate that entrepreneurship practicum learning positively affects entrepreneurial intention and entrepreneurial mindset. An entrepreneurial mindset was also found to positively influence entrepreneurial self-efficacy, while entrepreneurial self-efficacy significantly affected entrepreneurial intention. In addition, entrepreneurial mindset and entrepreneurial self-efficacy sequentially mediated the relationship between entrepreneurship practicum learning and entrepreneurial intention. These findings suggest that entrepreneurship practicum learning contributes to entrepreneurial intention through interconnected psychological mechanisms involving entrepreneurial mindset and entrepreneurial self-efficacy. The study extends entrepreneurship education literature by highlighting the complementary roles of Experiential Learning Theory, Social Cognitive Theory, and the Theory of Planned Behavior in explaining entrepreneurial intention among university students.
Behavioral Intentions of Online Zakat Users in Indonesia: An Extended TAM with Trust, Security, and Local Cultural Perspectives
This study aims to examine the determinants of behavioral intention among online zakat service users in Indonesia by extending the Technology Acceptance Model (TAM) with the variables of trust and security, and by interpreting the results through the lens of Indonesian local culture. The rapid digitalization of religious philanthropy in Indonesia has expanded the use of online zakat platforms, yet adoption remains uneven and is shaped by concerns that go beyond the classical TAM. Data was collected through an online survey distributed to 120 respondents who were selected by purposive sampling from among users of online zakat platforms. The data were analyzed using Partial Least Squares Structural Equation Modelling (PLS-SEM) with reliability, convergent and discriminant validity, and common method bias diagnostics. The results indicate that perceived usefulness, security, and behavioral intention significantly affect adoption, while perceived ease of use shows an unexpected negative effect and trust shows only a marginal effect. The model explains 38.2 per cent of variance in behavioral intentions. Read against Indonesian patterns of collectivism, religious authority, and gotong royong, the findings suggest that users’ priorities tangible benefits and transactional security over interface simplicity, and they call on zakat institutions to combine platform usefulness and data protection with ulama-led and community-based trust-building strategies to widen digital zakat adoption in Indonesia.
Sustaining Microfinancing Growth in Islamic Banking: Empirical Analysis of Internal Banking Determinants in Indonesia
This study aims to analyze determinant of internal banking variables namely margin rate, Capital Adequacy Ratio (CAR), Non-Performing Financing (NPF) on the acceleration of microfinancing growth at Islamic commercial banks in Indonesia. Through a quantitative approach using multiple linear regression, this study examines the Financial Services Authority’s (OJK) monthly statistical reports from July 2022 - June 2025. The research findings reveal that the margin rate is a major determinant that significantly negatively affects financing growth, while CAR and NPF are not major determining factors during the observation period, the Financial Intermediation Theory explains that the success of the banking intermediation function is not only determined by capital adequacy but is also influenced by the level of trust. At the same time, these three variables significantly contribute to fluctuations in fund disbursement. Based on the stakeholder theory perspective, the management of Islamic banks is a required to be able to balance profitability targets with the interest of MSMEs as strategic stakeholders. This finding highlights how important it is for Islamic bank management to match their profit goals with what the market can handle to keep their services stable and accessible for everyone and a competitive margin rate policy.
Beyond Conventional Contract: Adapting Ijarah Principles to Digital Freelance Platform in Indonesia’s Gig Economy
This study aims to analyze the transformation of the ijarah contract within the context of digital freelance platforms, develop a sharia-based framework for a sustainable digital work ecosystem, and formulate an implementation model of ijarah principles that supports sustainable development. The growth of digital freelance workers in Indonesia reached 46.47 million in 2023. However, this has not been accompanied by adequate protection of workers' rights, as labor regulations such as Law Number 13 of 2003 and the Job Creation Law Number 11 of 2020 have not specifically regulated digital employment contract mechanisms. The research method employs a Systematic Literature Review using the PRISMA approach, analyzing 38 relevant documents from Google Scholar, ResearchGate, DOAJ, Portal Garuda, and Scopus from the 2015–2025 period. The results reveal significant gaps in the digital freelance ecosystem, where 60% of transactions occur without clear contracts, 58% of workers experience payment uncertainty, and 60% work more than 48 hours per week. This study produces the Integrated Shariah Digital Freelance Platform (ISDFP) framework, which integrates five main components: a Smart Shariah Contract System, Islamic Fair Revenue Sharing with a maximum fee limitation of 15%, a Shariah Protection Mechanism through digital takaful, an Islamic Dispute Resolution System, and a Maqashid-based Monitoring System. This finding enriches our understanding of the flexibility of Islamic law in the contemporary digital economy, providing practical guidance for the development of digital platforms and a normative basis for formulating fair and transparent labor regulations, particularly for freelancers, in accordance with shariah.
From Literacy to Loyalty: How Big Five Personality Traits Influence Taxpayer Compliance
The research aims to examine the effect of tax literacy on individual taxpayer compliance, with particular attention to the moderating role of the Big Five personality traits: extraversion, conscientiousness, openness, neuroticism, and agreeableness. This study is motivated by the persistently low level of tax compliance in Indonesia, despite the government’s extensive efforts in taxpayer education and system reform. A quantitative research method was employed, using a survey approach with questionnaires distributed to individual taxpayers who possess a taxpayer identification number (TIN) and regularly file their tax returns. The sampling technique applied was accidental sampling, yielding a total of 300 Muslim respondents. Data were analyzed using multiple linear regression and Moderated Regression Analysis (MRA), with the assistance of Stata version 17 software. The results reveal that tax literacy has a positive and significant effect on taxpayer compliance. Furthermore, the traits of extraversion, conscientiousness, and agreeableness significantly moderate the relationship between tax literacy and tax compliance, while openness and neuroticism do not exhibit significant moderating effects. These findings carry important implications for tax authorities, suggesting that efforts to improve compliance should not only focus on enhancing tax literacy but also consider personality characteristics in designing more effective compliance strategies.
Strengthening SME Financing Through the Holding Company Waqf Model: Governance Priorities from an ISM Approach in Indonesia
This study addresses the limited attention given to governance mechanism required for implementing the Holding Company Waqf Model for SME financing in Indonesia. It is despite the growing discussion on cash waqf and alternative financing scheme. The study aims to identify and prioritize the governance factors required to support sustainable implementation of the model. Data were collected through in-depth interviews with seven experienced cash waqf managers in Malang during 2024. The ISM procedure involved the development of a Structural Self-Interaction Matrix (SSIM), reachability matrix, level partitioning, and driver-dependence analysis to determine the hierarchical relationships among governance variables. The findings reveal that regular and constant communication demonstrates the highest driving power (7) and functions as a key linkage variable in the governance hierarchy. Subjective norms and attitude toward behavior (driving power – 6 each) function as supporting independent variables. Meanwhile standard operating procedure and waqf legal protection as independent governance variables with strong driving influence. Also, the availability of regular monitoring and cash waqf blueprint model demonstrates high dependence on other governance elements. These results indicate that effective governance requires strong regulatory protection, operational clarity, and continuous supervision to reduce moral hazard and strengthen institutional trust. The novelty of this study lies in the integration of ISM into the governance analysis of the Holding Company Waqf Model, offering a structured governance hierarchy for SME financing implementation in Indonesia. The study also provides a practical governance framework that may support policymakers, waqf institutions, and SME stakeholders in developing sustainable financing mechanisms
Halal Entrepreneurship by Using the Global Gotong-Royong (G2R) Tetrapreneur Approach: a Bibliometric Review and Research Framework
This study aims to examine publication patterns on halal entrepreneurship by using the global gotong-royong (G2R) tetrapreneur approach. This study conducted a quantitative bibliometric analysis using the Scopus database from 2004 to 2025. The search terms "Entrepreneurship" and "Halal entrepreneurship", combined with "Islamic entrepreneurship", "halalpreneurship", "halalpreneurial", "halal success story", "halal digital entrepreneurship", "Halalan-Toyyiban" yielded 89 articles. The data were processed in RStudio using the Bibliometrix R package, specifically the Biblioshiny component. The results of the bibliometric analysis indicate a significant increase in research interest in halal entrepreneurship from 2010 to 2025. This analysis also explains the relationships among the most productive authors based on the country of their university affiliation, collaborations, the most cited documents, keywords, and the scientific knowledge used. A comprehensive literature review will be invaluable to future researchers seeking to build a strong conceptual framework. Scientific mapping in this study is imited to the Scopus database and programming languages. To the author's knowledge, this study is the first to describe a research pattern that focuses on halal entrepreneurship by using the Global Gotong-Royong (G2R) Tetrapreneur approach to illustrate future research
Copyright (c) 2025 International Journal of Islamic Business and Economics (IJIBEC)
Determinants of Islamic E-Wallet Adoption Among University Students: Evidence from Digital Islamic Literacy and Social Influence
This study aims to analyze the relationship between Islamic digital literacy and social influence on the acceptance of Islamic digital wallets among students, as well as to examine the role of Islamic digital literacy as a factor that strengthens this relationship. The method used is quantitative with a survey approach of 54 Muhammadiyah University Mataram students selected at random. The instrument used was a five-point Likert questionnaire, with data analysis using descriptive tests, normality tests, multiple linear regression, and ANOVA through IBM SPSS. The results of the study indicate that Islamic digital literacy (X1) and social influence (X2) have a positive and significant effect on students' interest in using Islamic digital wallets (Y1), with an R² value of 0.651 and significance p < 0.001, and the largest contribution came from social influence (β = 0.443) compared to Islamic digital literacy (β = 0.434). These findings confirm that Islamic digital literacy and social influence simultaneously increase the acceptance of sharia-based financial services. Practically, the research results provide a basis for strengthening strategies for education and promotion of digital Islamic financial literacy, as well as the integration of a social influence-based approach to expand Islamic financial inclusion among the younger generation.
Organizational Factors Affecting Law Enforcement Loyalty: An Islamic Leadership Perspective Using SEM-PLS Approach
This study aims to analyze the influence of organizational factors—workload, institutional policy support, leadership, competency and training, and incentives—on human resource loyalty within law enforcement institutions, viewed through an Islamic leadership perspective. Employing a quantitative approach with a survey design, data were collected from 100 law enforcement officers involved in narcotics prevention and eradication efforts in Semarang City, Indonesia. The data were analyzed using Structural Equation Modeling with the Partial Least Squares (SEM-PLS) method. The results reveal that leadership has the strongest and most significant effect on human resource loyalty, followed by incentives and institutional policy support, while competency and training, and workload show weaker effects. The model demonstrates a very high explanatory power, with an R² value of 0.975, indicating that organizational factors collectively account for 97.5% of the variance in human resource loyalty. The findings highlight that leadership characterized by amanah (trustworthiness), adl (justice), and ihsan (excellence) is the cornerstone of employee commitment and institutional harmony. Fair incentives and consistent policy support further enhance loyalty through organizational justice and collective welfare (maslahah). This study contributes to the enrichment of Islamic Human Resource Management (IHRM) literature by integrating ethical and spiritual dimensions into the understanding of loyalty. Practically, it emphasizes that leadership grounded in Islamic ethics, supported by fair institutional structures, fosters not only professional dedication but also barakah (divine blessing) and sustainable organizational integrity.
Gamified Financialization in The Light of Islamic Behavioural Economics: Psychological and Ethical Dimensions of Speculative Behaviour in Virtual Asset Markets
The phenomenon of gamification in virtual asset trading has transformed investment behavior into an activity driven by psychological mechanisms such as Fear of Missing Out (FOMO), overconfidence, herding behavior, and loss aversion. This study aims to analyze how gamified design in digital trading platforms fosters speculative behavior that violates Islamic ethical principles such as tawazun (balance between risk and benefit), gharar (excessive uncertainty), and maisir (gambling). Employing a qualitative approach through a systematic literature review of academic journals and industry reports, the study finds that features such as real-time notifications, leaderboards, and reward animations increase trading frequency, risk-taking, and market volatility. These dynamics create asymmetry in risk and reward, disproportionately harming low-literacy retail investors. The study concludes that digital financial innovation must be balanced with ethical regulation, financial literacy, and maslahah-based design to ensure market justice and sustainability in line with Islamic economic principles. This research contributes to strengthening Islamic financial ethics and integrating maqasid al-shariah values into modern digital finance innovation
Capital Market Development, ICT Adoption, and Sustainable Growth of MSMEs in Nigeria: An ARDL Approach
This study examines the impact of capital market development and information and communication technology (ICT) adoption on the growth and sustainable development of Micro, Small, and Medium Enterprises (MSMEs) in Nigeria within the framework of the Sustainable Development Goals (SDGs). Given the critical role of MSMEs in employment creation, income generation, and inclusive economic growth, the study investigates whether capital market deepening and digital transformation significantly enhance enterprise performance and long-term viability. Using the Securities and Exchange Commission (SEC) as an institutional reference, the analysis employs the Autoregressive Distributed Lag (ARDL) cointegration approach to estimate both long-run and short-run relationships among market capitalization, ICT penetration, financial inclusion, inflation, and MSME output. The empirical findings confirm the existence of a stable long-run relationship among the variables. Capital market development exerts a positive and statistically significant effect on MSME growth, indicating that improved access to market-based financing supports enterprise expansion and productivity. ICT adoption also demonstrates a strong and significant positive impact, highlighting the role of digital technologies in enhancing operational efficiency, market access, and competitiveness. However, sustainable development indicators exhibit mixed effects on MSME outcomes, suggesting a misalignment between macro-level SDG implementation strategies and enterprise-level realities. Overall, the results underscore the importance of strengthening ICT infrastructure, deepening capital market accessibility, and promoting inclusive financial systems to enhance MSME resilience and ensure their long-term contribution to sustainable economic growth in Nigeria
Productive Zakat as an Instrument for Business Development Strategy: An Analytical Hierarchy Process (AHP) Study in South Kalimantan Indonesia
This study aims to identify and prioritize development strategies for Micro, Small, and Medium Enterprises (MSMEs) supported by productive zakat in South Kalimantan Province, Indonesia. Despite their significant contribution to regional economic growth, MSMEs continue to face challenges related to poverty and limited access to productive financing. Employing a descriptive–analytical approach, this study adopts a mixed-methods sequential explanatory design and applies the Analytical Hierarchy Process (AHP) to determine strategic priorities across MSME clusters. The results reveal notable differences in priority strategies among clusters. Government involvement, particularly through the National Zakat Agency (BAZNAS), is identified as the most influential factor in sustaining the MSME business ecosystem. Priority criteria include product quality improvement for Cluster I and human resource development for Clusters II and III. The preferred strategic alternatives emphasize enhancing human resource skills for Clusters I and II, while expanding market access through improved production and marketing channels is prioritized for Cluster III. These findings imply the need for cluster-based productive zakat allocation and financing schemes to strengthen zakat effectiveness as an Islamic social finance instrument.
A Stakeholder Analysis of Visibility Versus Accountability in the Ethical Identity Disclosures of African Islamic Banks
This study examines the ethical identity disclosure practices of selected Islamic banks in Africa using the Ethical Identity Index (EII) framework. Based on content analysis of annual reports from four banks from 2021 to 2023, the study assesses the extent to which banks communicate key ethical dimensions, including zakah (alms giving), governance, products and services, and commitments to society and debtors. The findings reveal generally high disclosure in publicly visible areas such as debtor policies and vision and mission statements, but weaker disclosure in sharī‘ah governance, zakah, and top management transparency. These results suggest that banks prioritise external visibility over internal accountability, a pattern consistent with stakeholder theory. Compared to earlier studies from other regions, the African banks in this sample demonstrate more substantial alignment in some dimensions, which may reflect improved disclosure practices over time. The study contributes to the literature by applying the EII in an underexplored regional context and demonstrates how evolving African markets prioritise publicly visible commitments over internal governance to satisfy stakeholder expectations, thereby providing theoretical insights into how ethical identities are constructed in emerging Islamic finance sectors.
The Role of Sharia-Compliant KUR Super Micro Financing in Enhancing MSME Income and Business Development: A Case Study from Bank Syariah Indonesia
This study aims to evaluate the impact of the KUR Super Micro program on the income of MSEMs financed by Bank Syariah Indonesia Mantos Branch, with a focus on financial inclusion through Sharia-compliant models. It employs a qualitative case study approach, involving detailed interviews with five MSME entrepreneurs and BSI financing officers, direct observations, and document reviews. The findings reveal that before financing, most MSMEs earn IDR 2-3 million monthly; the income increases to IDR 3-6 million after receiving KUR Super Micro Funding. This rise is linked to better inventory management, upgraded equipment, and operational efficiency. All informants repay financing comfortably, with business growth leading to job creation and improved customer satisfaction. The results highlight the KUR Super Micro as a vital tool for empowering MSMEs economically and socially while endorsing Sharia-compliant financial inclusion, suggesting policymakers should continue and expand such financing programs to stimulate entrepreneurship and economic development.
Empowering the People’s Economy through MSMEs: Evidence from East east Kotawaringin, Central Kalimantan Indonesia
This study aims to analyze the role of Micro, Small, and Medium Enterprises (MSMEs) in empowering the people’s economy in East Kotawaringin Regency, Central Kalimantan, from the perspective of Islamic economics, particularly based on Surah An-Nisa (4:29). The research employs a qualitative descriptive-analytical approach using library research and supported by limited semi-structured interviews with MSME actors, local government officials, and community religious leaders. Data were analyzed through content and thematic analysis to integrate normative Qur’anic principles with empirical findings. The findings reveal that MSMEs play a strategic role in economic empowerment through employment creation, income generation, and poverty reduction. Optimization can be achieved through human resource development, access to sharia-compliant financing, digital marketing expansion, technological innovation, and halal product certification. Qur’anic values emphasize justice, transparency, mutual consent, and sustainability in economic activities. MSME empowerment grounded in Islamic principles contributes not only to regional economic growth but also to ethical and inclusive development, strengthening the people’s economy in a sustainable manner.
Enhancing Financial Inclusion in the MSME Sector: An Investigation of Fintech Adoption in Indonesia through Structural Equation Modeling
This study aims to critically analyze the determinants of fintech adoption among micro, small, and medium-sized enterprises (MSMEs) in Indonesia, utilizing the robust Structural Equation Modelling (SEM) method. Financial Technology (fintech) represents a disruptive innovation that is transforming traditional banking and financial services by integrating digital financial products and services, including payment transactions and security systems such as e-payments, peer-to-peer lending, remittances, crowdfunding, and retail investment. The research focuses on four key variables: the Decision to Use Fintech (DUF) as the dependent variable, and three independent variables —Perceived Ease of Use of the Fintech Platform (POE), Perceived Risk (POR), and Benefits Offered/Sales Promotion (BP). Data was collected via surveys from owners and managers of MSMEs in Malang City, East Java, Indonesia. The findings reveal that the ease of use and time-saving features of fintech significantly influence adoption decisions among MSMEs, underscoring its positive impact on business operations and economic efficiency. Conversely, perceived risks and promotional benefits were found to have no significant effect on the decision to adopt fintech platforms.
Poverty Alleviation Through Zakat Impact: MSMES and The National Zakat Collection Agency (BAZNAS) Studies
This research examines Islamic philanthropic zakat schemes as funding mechanisms to strengthen poverty alleviation efforts. A zakat distribution model centred on Micro, Small, and Medium Enterprises (MSMEs) will be proposed as a key recommendation for stakeholders, particularly zakat communities and MSMES actors. This methodology employs quantitative analysis of secondary data, collected via a probability sampling approach to ensure all components or samples have an equal likelihood of inclusion. Data analysis is conducted using Partial Least Squares Structural Equation Modelling (PLS-SEM) via SmartPLS software. For the findings, All hypotheses were accepted with an average significant correlation, indicating robust mutual effects among latent variables. However, the 2024 poverty gap identified by the National Zakat Collection Agency (BAZNAS) necessitates implementing collaborative zakat-MSMEs schemes. The Key MSMEs indicators include digital ecosystems, production growth, and value-added sharing. The paper urges national zakat systems, MSMEs, and communities to align MSMEs programmes with zakat distribution frameworks to optimise poverty reduction.
The Determinants of Tourist Visiting Interest in Sade Village Tourism Central Lombok
This research aims to find out the influence of Destination Image and Service Quality on tourist Visiting Interest with Halal Attributes as intervening variables, as the determinants of tourist Visiting Interest in Sade Village Tourism Central Lombok. The increase in the Muslim population in the world has made halal tourism an increasingly important global phenomenon, considering the changing interest of tourists in a more holistic tourism experience based on religious values. Lombok is the only Indonesian region with the first Regional Regulation (PERDA) about halal tourism. This research is quantitative research with a Structural Equation Modeling (SEM) approach using SmartPLS software (v.3.2.9) with 97 respondents used as a sample. Data analysis techniques are used descriptive analysis, outer model measurement, inner model measurement, and hypothesis test. The result is, first, that Destination Image positively and significantly affects Visiting Interest. Second, there is no positive or significant influence of Service Quality on Visiting Interest. Third, Destination Image and Service Quality positively and significantly influence Visiting Interest in Sade village tourism through Halal Attributes. The implication is, first, the academics and policymakers should constantly monitor, evaluate, and complete all shortcomings in the facilities and infrastructure of Sade village tourism. This can provide comfort and satisfaction for the local community or tourists and increase the interest in tourist visits. Second, the practitioners (Sade village tourism managers) must continually improve the quality of services and infrastructure that can support tourists' needs, providing satisfaction that can later impact an increase in tourist visits.
Sharia Technopreneurship: MSME Growth And Gen Z Income In Palembang's Digital Era
This study aims to analyze the impact of the Sharia Technopreneurship Revolution on MSME (Micro, Small, and Medium Enterprises) growth and income generation among Generation Z in the digital era in Palembang. In the face of rapid technological advancement, Sharia technopreneurship is emerging as a crucial business model that integrates technological innovation with Sharia compliance, thereby fostering sustainable economic growth. Generation Z, characterized by their digital proficiency, plays a vital role in leveraging technology to create new economic opportunities while adhering to Islamic business ethics. A mixed-method research approach is employed, combining quantitative surveys and qualitative interviews. The sample consists of 75 MSME owners and operators selected using the Slovin formula, ensuring representative data collection. Quantitative analysis utilizes multiple regression to assess the impact of technopreneurship on MSME growth and income, while qualitative insights provide a deeper understanding of business adaptation to digitalization. Findings indicate that MSME entrepreneurs in Palembang apply Sharia principles, leading to increased consumer trust and business sustainability. Moreover, the adoption of digital platforms significantly enhances their revenue streams. This study contributes to academic discourse on Islamic entrepreneurship and offers policy recommendations for MSME development.
Digital Transformation and Climate ChangeAwareness: Mediated Impact on Financial Performance via Green Technology SMEs
This study investigates the direct and indirect effects of digital transformation and climate change awareness on SME financial performance, with green technology adoption serving as a mediating variable. Drawing from stakeholder theory and the resource-based view, this research addresses a key gap in understanding how digital and environmental initiatives interact within halal-oriented small businesses. Empirical data from 192 halal food SME owners and managers in East Java were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) across 32 indicators. Findings reveal that digital transformation significantly enhances both green technology adoption and financial performance, underscoring its strategic value in expanding market access and operational efficiency. While climate change awareness strongly encourages green technology adoption, it lacks a direct financial impact. Notably, green technology adoption shows a negative effect on financial performance, likely due to high initial costs and integration challenges. The study contributes to the literature by demonstrating the complex trade-offs between environmental innovation and profitability in emerging market SMEs. It suggests that digital strategies may serve as a bridge toward sustainability without undermining financial goals. Practical implications include the need for targeted government incentives and support mechanisms to offset green transition costs and bolster competitive resilience in halal food SMEs.
Enhancing Sustainability of Batik MSMES Through Product Innovation and E-Commerce: A Case Study of Seberang Jambi Indonesia
This study examines the implementation of product innovation and e-commerce strategies in managing batik SMEs using a sustainability industry approach in Seberang, Jambi City. The study aimed to analyze how product innovation and digital marketing can support them, to explore their understanding and implementation of product innovation and e-commerce, as well as the challenges and sustainability outcomes. Data were collected through the following triangulation methods: observations were carried out during visits to batik workshops and SME locations, literature and document reviews relevant, and semi-structured interviews with in-depth Interviews were conducted with selected owners and managers of batik SMEs in Seberang Kota Jambi. The results showed that innovation in batik design, the use of eco-friendly materials, and the development of Jambi-specific motifs increased the market value of batik, strengthened cultural identity, and appealed to environmentally conscious consumers. On the other hand, e-commerce helped SMEs expand their market reach nationally and internationally, allowing them to compete more effectively. However, several challenges remain, including limited capital for innovation, low digital literacy among business owners, and a lack of policy support from the government. These barriers hindered the full adoption of innovation and digital strategies. Theoretically, this research contributed by enriching the concept of product innovation with a cultural and sustainability-based perspective, expanding the application of e-commerce theory to traditional MSMEs, and reinforcing sustainability theory in the creative industries rooted in local heritage. Moreover, it introduced a new managerial model that integrated local cultural values with modern digital business strategies, offering a practical framework for sustainable development in traditional SME sectors.
The Impact of Compensation and Religiosity on Fraudulent Behavior in MSMEs: The Role of Islamic Work Ethics as a Moderator
This study aims to obtain empirical evidence on the effect of compensation and religiosity on fraudulent behavior with Islamic work ethics as a moderating variable. This study uses a quantitative research type. This study used a questionnaire distributed to MSMEs in West Java, namely 350 questionnaires distributed directly. Each questionnaire distributed contains 114 statements that respondents must answer. From the distribution of the questionnaire, 207 respondents provided answers. To obtain the results of this study, the researcher used PLS-SEM Version 3.0. This study found that compensation has a significant negative effect on fraudulent behavior, religiosity has a significant negative effect on fraudulent behavior, Islamic work ethics cannot moderate the relationship between compensation and fraudulent behavior, and Islamic work ethics moderates the relationship between religiosity. It cannot moderate the relationship between fraudulent behavior. This research provides information regarding fraudulent behavior, which is new research discussing the relationship between religiosity, which is the basis of the character of the Prophet Muhammad SAW
Copyright (c) 2024 International Journal of Islamic Business and Economics (IJIBEC)
Greatest Income Strategy Through Empowerment of Informal Sector Women Entrepreneurs Based on Jambi Malay Culture with the Sustainable Livelihood Framework Approach
This study examines the development of an effective income-maximization strategy by empowering informal sector women entrepreneurs in Jambi, Indonesia, through the Sustainable Livelihood Framework (SLF) approach. It addresses critical challenges including limited access to economic resources, socio-cultural constraints, and policy gaps that hinder women's full participation in entrepreneurship. The research explores the intersection of Jambi Malay cultural values with livelihood assets and empowerment initiatives to enhance women's income generation. Employing a qualitative methodology with a case study approach, the research utilizes in-depth interviews, participatory observation, and document analysis. The findings demonstrate that SLF serves as a valuable analytical tool for understanding the interplay of social capital, human capital, and cultural ethics in income generation. Key determinants of success include access to capital, culturally embedded business practices, product innovation, and strong social networks. However, barriers such as technological illiteracy and inadequate financial infrastructure persist. This study contributes to the discourse on women's economic empowerment by showcasing how culturally embedded frameworks can enhance resilience and optimize income generation. It offers strategic insights for policymakers, practitioners, and stakeholders to develop inclusive and sustainable empowerment programs tailored to local contexts.
The Mediating Role of Non-Performing Financing (NPF) in the Financial Performance of Islamic Commercial Banks in Indonesia
This study explores the impact of mudharabah and ijarah financing on the financial performance of Islamic commercial banks in Indonesia, with Non-Performing Financing (NPF) as a mediating variable. It addresses the challenge of maintaining profitability while managing financing risks in Indonesia's Islamic banking sector. Using a quantitative approach, secondary data from 2021 to 2023 were analyzed, sourced from the Financial Services Authority (OJK) and financial reports of Islamic banks. Path analysis with IBM AMOS 22 was conducted to assess the direct and indirect effects of these financing types on Return on Assets (ROA). The results show that mudharabah financing does not significantly affect NPF or ROA, while ijarah financing has a significant negative impact on both. NPF plays a key role as a mediating variable, with a total indirect effect of 47.5% on profitability. However, the size of this effect requires further validation through alternative models. These findings contribute to Islamic banking literature by identifying NPF as a crucial link between financing risks and bank profitability. The study emphasizes the importance of managing ijarah and mudharabah contracts carefully to enhance the financial resilience and sustainability of Islamic banks, especially in the post-pandemic recovery phase.
Exploring the Importance of Halal Tourism: Cultural Influences on Travel Accommodation Choices Among Middle-Class “Santri” in West Java
This article aims to investigate the limited development of Syariah-certified hotels in Indonesia despite the country’s substantial potential in the global halal tourism market. Indonesia has actively promoted halal certification in the accommodation and hospitality industries, supported by central and regional governments. These initiatives align with Islamic hospitality principles, including halal-certified food, the prohibition of alcohol, modest dress codes for employees, and gender-segregated facilities. However, despite the rising discourse on halal tourism, the number of Syariah-certified hotels remains disproportionately low. This study seeks to understand why this gap exists and how the Muslim community perceives Syariah-compliant accommodations. Observations and interviews with 38 middle-class santri groups in West Java, particularly in the Jabodetabek area, reveal that their choice of accommodation is influenced more by cultural factors than religious ideology. Despite being religiously literate, many santri do not prioritize Syariah hotels when traveling. These findings highlight a disconnect between the supply of and demand for Syariah hotels, providing insights into the cultural and practical challenges facing halal tourism development in Indonesia.
The Readiness of Management Operational Standard as The Basis of Adopting Industry 4.0
The aim of this research is evaluates the management operational standard and the level of readiness of Sharia Cooperatives in West Java for adopting the Industrial 4.0. Method: descriptive surveyed to 191 sharia cooperative practitioners,interviewed the leaders of 39 sharia cooperatives,reviewed sharia government regulations including MUI Fatma. The data processing used descriptive analysis. Result: Empirical facts show that all sharia cooperatives already have management operational standard but not yet connected with the readiness to adopt industry 4.0; then the highest ready indicator is “consistently to AD/ART, SOM, SOP, and policy patterns while the lowest ready is “use of Electronic signatures as a verification and authentication tool.” Conclusion: The management operational standard should be always adjusted with the provisions for the use of technology to provide maximum services. The implication of this research that government issues policies for Islamic cooperative managers to implement management operational system (MOS), containing provisions that require IoT technology.
Strategic Management Analysis of the Halal Certification Program Implementation in Surabaya
This study aims to analyze the strategic management process in implementing the halal certification program by the Ministry of Religious Affairs of Surabaya City. The research specifically focuses on evaluating the alignment between policy formulation and local implementation using four analytical dimensions: consistency, consonance, advantage, and feasibility. A qualitative descriptive approach was employed through in-depth interviews, direct observations, and document analysis involving halal facilitators (P3H), ministry officials, and MSME representatives. The findings reveal that while the Surabaya City Office of the Ministry of Religious Affairs has aligned its operations with the national halal certification strategy established by BPJPH, challenges persist in stakeholder participation, resource adequacy, and digital integration. The study highlights that consistency and institutional advantage are relatively strong, whereas consonance and feasibility require reinforcement through clearer coordination and performance-based incentives. Theoretically, this research contributes by integrating Islamic ethical principles—amanah (trust), ihsan (excellence), and maslahah (public welfare)—into the framework of strategic management, thus providing a holistic model for public-sector halal governance and offering practical implications for improving local policy implementation and institutional performance.
Consumption Practices Based on the Dimension of Religiosity: A Study of Urban and Suburban Communities
This study examines differences in food consumption behaviors between urban and suburban communities in Lampung Province, Indonesia, particularly in relation to religiosity. Employing a quantitative comparative framework, the research analyzes consumption patterns through four dimensions of religiosity: beliefs, knowledge, practices, and behaviors. Primary data were collected from 250 respondents in urban environments within Indonesia’s Bandar Lampung City and suburban areas in South Lampung Regency using purposive sampling. Data were gathered via Google Forms and evaluated using a Likert Scale. The findings indicate no significant differences between urban and suburban residents regarding consumption behaviors related to religious beliefs and practices. However, notable variations exist in knowledge and behavior dimensions, suggesting that urban and suburban contexts shape food choices differently under religious influences. The study highlights the need for policymakers and businesses to consider religious factors when promoting sustainable consumption. It argues that urbanization and access to religious education play crucial roles in shaping food consumption choices influenced by religiosity.