Jurnal Ar-Ribh
type: channel
description: Ar-Ribh : Jurnal Ekonomi Islam [p-ISSN 2684-7477 |e-ISSN 2714-6316] published by the Islamic Economics Study Program of the Faculty of Economics and Business, Muhammadiyah University of Makassar, this journal publishes research articles in the field of Islamic Economics. This journal publishes research studies that use a variety of qualitative and / or quantitative methods and approaches in the field of Islamic Economics. This journal aims to develop concepts, theories, perspectives, paradigms, and methodologies within the scope of Islamic Economics published twice a year, namely April and October. Ar-Ribh : Jurnal Ekonomi Islam examines and examines sharia economy covering the following economic aspects: trade agreements, syirkah, mudharabah, murabahah, muzara'ah and musaqah, khiyar, istisna, ijarah, kafalah, hawalah, rahn, wadi'ah, gashb and itlaf, wakalah, shulhu, waiver, ta'min, bonds, sharia mudharabah, capital market, sharia mutual funds, sharia bank indonesia certification, multi-service financing, qardh, sharia current account financing , sharia pension funds, zakat and grants, and sharia accounting. Ar-Ribh : Jurnal Ekonomi Islam have been singgle reviewed by peer reviewers. The decision to accept or not accept scientific articles in this journal is the right of the Editorial Board based on recommendations from peer reviewers. Please read and understand the author's guidelines thoroughly. Authors who submit manuscripts to the editor of Ar-Ribh : Jurnal Ekonomi Islam must comply with the author's guidelines. If the submitted manuscript does not comply with the guidelines or uses a different format, the manuscript will be rejected by the editorial team prior to review. The Editorial Team will only accept manuscripts that meet the specified format requirements format.
publisher: Universitas Muhammadiyah Makassar
language: en
publication name: Jurnal Ar-Ribh
issn: 2684-7477
items: Meaningful Microenterprise in the Informal Economy: Angkringan As A Culturally Rooted Islamic Socio-Economic Practice in Java, Indonesia
items: Navigating the 12% VAT Increase in Indonesia: Challenges and Opportunities for Equity Investors in the Context of Islamic Finance
items: Environmental Accounting in Responding to the Deforestation Crisis in Indonesia : Perspective of Maqashid Shariah and Sustainability Reporting
items: Village Financial System, Accountability, Transparency, and Sharia Economic Analysis
items: The Influence of Financial Performance on the Stability of Islamic Banks in Indonesia
items: Good Corporate Governance Optimizing Community Awareness in the Distribution of ZIS
items: Analysis of Employee Wages in The Perspective of Maslahah (Study of Mangnguluang Laying Hen Farm, Kalumeme Village, Ujung Bulu District, Bulukumba Regency)
items: Benefits and Challenges of Issuing Municipal Bonds for the Aceh Government
items: Community Empowerment Based on Muhammadiyah Mosque in Maros-Pangkep, South Sulawesi
items: Halal Certification Priorities for Indonesian MSEs: A Comparison Between Stakeholder Perspectives and AI-Based Insights
items: Determinants of Trust in BAZNAS and Implications for Interest in Paying Zakat
items: Fractional Reserve Banking in Islamic Finance: A Comparative Analysis of Islamic and Western Economic Perspectives
items: Evaluating the Effectiveness of BAZNAS Zakat Distribution on Mustahik Welfare in Ajatappareng Using the CIBEST Model
items: Profit Accountability in Small and Medium Enterprises: An Islamic Accounting Perspective
items: Sharia-Compliant Digital Marketing Strategies to Boost Sales Revenue for Micro, Small, and Medium Enterprises in Parepare City
items: The Potential of Sharia Pawnshops in Promoting Financing of Micro, Small and Medium Enterprises (Umkm) in South Sulawesi
items: Effectiveness of Ziswaf Fundraising Through (QRIS) in Efforts to Increase Institutional Income
items: Analyzing Sharia Compliance in Fintech: Measuring the Relevance of its Services with the Principles of Islamic Economic Law
items: Factors Influencing People's Decision to Save in Sharia Bank (Case Study in Sleman District)
items: Falah Mart Business Development Strategy as Foundation Supporter in Islamic Economic Perspective
items: Bank Muamalat Indonesia Branch Kolaka Strategy in Encouraging Small and Intermediate Business in Regency Kolaka
items: Al-Adalah Concept in Distribution of Zakat Funds Towards Mustahiq Zakat in Lazismu Makassar City
items: Mosque Financial Management ( Study Cases At Mosques In The District Herlang Regency Bulukumba )
items: Traders' Understanding of Trade Zakat Accounting and Its Implementation in Kel. Balla Kec. Baraka Kab. Enrekang
items: Determinants of Zakat Payment Behavior through Digital Platforms in Makassar City
items: The Influence of Islamic Branding and Life Style on Decisions to Purchase Muslimah Fashion Products in Makassar City With Celebrity Endorsement as a Moderating Variable
items: The Concept of Waqf: Analysis of Waqf Thought According to Imam Shafi'i
items: The Impact of Productive Zakat on Improving the Welfare ofMustahik Micro EnterprisesAt the National ZakatAmil Agency (BAZNAS) Parepare City
items: The Effectiveness Of Implementing The Musyarakah Mutanaqisah (MMQ) Contract On The Financing Of Home Ownership Credit Products (KPR) BTN Syariah Makassar Branch
items: Review of Marketing Ethics in Sharia Property Business Actors (Case Study on Sharia Property Business Actors in Maros Regency )

Meaningful Microenterprise in the Informal Economy: Angkringan As A Culturally Rooted Islamic Socio-Economic Practice in Java, Indonesia
type: item
description: This study explores angkringan—a traditional, informal street food enterprise in Java, Indonesia—as a meaningful microenterprise that embodies the principles of Islamic socio-economics within the context of the informal economy. Amid the increasing collapse of formal, globalized retail chains such as KFC in Indonesia, this research seeks to understand how culturally rooted, low-scale enterprises can offer a sustainable and socially embedded economic alternative.Adopting a qualitative-conceptual approach, the study integrates theories from the meaning economy, Islamic socio-economic ethics, and informal economic systems. Data were drawn from secondary sources including academic literature, government reports, and media documentation, as well as light contextual field observations in selected angkringan locations in Yogyakarta. The findings reveal that angkringan functions not only as a microeconomic unit but also as a space of social interaction, mutual care, and ethical trade practices. It fosters affordability, inclusivity, and community cohesion, aligning with key Islamic economic values such as ‘adalah (justice), rahmah (compassion), and kifāyah (sufficiency). Unlike formal fast-food outlets driven by profit maximization, angkringan promotes relational well-being and cultural resilience. The study argues that angkringan represents a bottom-up, value-driven model of Islamic microenterprise that is both culturally meaningful and ethically grounded. This research contributes to the development of a culturally contextualized Islamic socio-economic framework and opens new pathways for integrating local wisdom, ethical values, and community-based development into Islamic economics. It recommends a shift in policy and academic discourse from financing-centric approaches to meaning-centric, socially embedded economic practices.
subject: Articles
  topic: section
creator: Ayif fathurrahman
rights: Copyright (c) 2025 Ayif fathurrahman
date: 2025-10-31
publication date: 2025-10-31
starting page: 80
ending page: 92
doi: 10.26618/mf3ycy22

Navigating the 12% VAT Increase in Indonesia: Challenges and Opportunities for Equity Investors in the Context of Islamic Finance
type: item
description: This study examines the economic and investment implications of Indonesia’s Value Added Tax (VAT) increase from 11% to 12%, effective January 1, 2025, within the framework of Islamic finance. The policy, part of a broader fiscal reform, aims to enhance state revenue, promote sustainable development, and strengthen fiscal stability, while applying the higher rate only to luxury goods and services. Using an exploratory qualitative approach, this research analyzes both challenges and opportunities arising for equity investors in the Indonesian capital market. Findings reveal that the VAT increase may reduce consumer purchasing power, particularly affecting consumption-driven sectors such as consumer goods and retail, thereby increasing market volatility and reducing short-term profitability. However, sectors less affected by the policy such as healthcare, technology, and halal finance present diversification opportunities aligned with Shariah principles. From an Islamic finance perspective, taxation is permissible when implemented with fairness (‘adl) and aimed at public welfare (maslahah), ensuring that vulnerable groups remain protected. The study highlights that investors integrating Shariah ethics, risk management, and sustainability considerations can navigate fiscal adjustments more effectively. Overall, the VAT increase, while posing short-term market challenges, may lead to long-term fiscal resilience and responsible investment opportunities under a just and transparent Islamic economic framework.
subject: Articles
  topic: section
creator: Mutahira Nur Insirat
creator: Hasri Ainun Syahfir
creator: Darmawati Darmawati
creator: Syarifuddin Rasyid
rights: Copyright (c) 2025 Mutahira Nur Insirat, Hasri Ainun Syahfir, Hasri Ainun Syahfir, Darmawati Darmawati, Darmawati Darmawati, Syarifuddin Rasyid, Syarifuddin Rasyid
date: 2025-10-31
publication date: 2025-10-31
starting page: 93
ending page: 105
doi: 10.26618/bdb97z47

Environmental Accounting in Responding to the Deforestation Crisis in Indonesia : Perspective of Maqashid Shariah and Sustainability Reporting
type: item
description: This study aims to examine environmental accounting disclosure through the lens of Maqashid Shariah and sustainability reporting, emphasizing the role of spiritual values, ethical intentions, and moral responsibility in corporate accountability particularly in addressing the deforestation crisis. The object of analysis is the 2024 sustainability report of PT Triputra Agro Persada Tbk, Indonesia’s largest palm oil company with a significant deforestation footprint. The findings reveal that although the company presents various narratives of environmental and social commitment, the disclosure remains largely symbolic. It lacks quantitative data, measurable indicators, and verifiable environmental impacts particularly related to carbon emissions, land degradation, and conservation costs. No evidence was found of external environmental audits or written policies to protect indigenous communities, raising concerns over potential greenwashing. From the Maqashid Shariah perspective, especially concerning hifz al-bi’ah (environmental protection) and hifz al-nafs (protection of life), the sustainability report fails to reflect a deep moral and spiritual corporate responsibility. Environmental accounting, in this context, plays a crucial role in translating Islamic values into transparent, accountable, and transformative corporate disclosures. This study highlights the urgent need for more substantive sustainability reporting frameworks that integrate Shariah ethics and ecological accountability, enabling Islamic-based corporations to pursue sustainability not only for regulatory compliance or market legitimacy, but as a form of divine stewardship (amanah ilahiyah).
subject: Articles
  topic: section
creator: Nur Hidayah
creator: Abdul Latif
creator: Alimuddin Alimuddin
rights: Copyright (c) 2025 Nur Hidayah, Alimuddin Alimuddin
date: 2025-10-31
publication date: 2025-10-31
starting page: 150
ending page: 166
doi: 10.26618/xyqvv313

Village Financial System, Accountability, Transparency, and Sharia Economic Analysis
type: item
description: This research analyzes the Islamic Economic Analysis of Accountability and Transparency of the Village Financial System (SISKEUDES) in Cempa Pinrang District. The purpose of this research is to analyze the implementation of accountability, identify the level of transparency, and conduct an Islamic Economic Analysis of the Village Financial System (SISKEUDES) in Cempa Pinrang District. The research method used is descriptive qualitative. This type of research is field research. This research approach employs a case study approach. The data sources used are primary data in the form of direct interviews with village officials, the community, and secondary data in the form of books, journals, and articles related to the discussed topic. The results of this research show: 1). Overall, Siskeudes has successfully improved various aspects of accountability in village financial management, although it is important to continue monitoring it. This system encourages honesty and legal compliance, makes financial processes more orderly and easier to supervise, and makes the planning and implementation of village programs and policies more transparent with active support from the community and the BPD. 2). The transparency of Village Funds in Cempa Pinrang District is good in providing data. However, the main issue is that the community still has difficulty understanding information that is too technical and not all residents have equal access. Therefore, true transparency means that information must be easy to understand and accessible to everyone, so that accountability in the use of Village Funds can truly be realized3). Siskeudes has reinforced the principles of Islamic economics in village financial management: encouraging honesty (Siddiq) in data, enhancing responsibility (Amanah) through transparency and oversight, and honing the intelligence (Fathonah) of village officials in digital administration. However, the main challenge of Tabligh (information dissemination) is to e…
subject: Articles
  topic: section
creator: Fatmawati Fatmawati
creator: Syahriyah Semaun
creator: An Ras Try Astuti
creator: Muzdalifah Muhammadun
creator: Andi Bahri
rights: Copyright (c) 2025 Fatmawati Fatmawati, Syahriyah Semaun, An Ras Try Astuti, Muzdalifah Muhammadun, Andi Bahri
date: 2025-10-31
publication date: 2025-10-31
starting page: 128
ending page: 149
doi: 10.26618/5knnyg22

The Influence of Financial Performance on the Stability of Islamic Banks in Indonesia
type: item
description: This study investigates the influence of financial performance on the stability of Islamic banks in Indonesia during the 2018–2023 period. The research uses a quantitative approach with panel data regression analysis conducted through EViews software. The sample consists of five Islamic Commercial Banks (BUS) that regularly publish monthly financial statements. Secondary data were obtained from official bank websites and the Financial Services Authority (OJK). The independent variables in this study include the Capital Adequacy Ratio (CAR), Net Operating Margin (NOM), and Net Performing Financing (NPF), while the dependent variable representing bank stability is proxied by the Z-Score of Return on Assets (ROA). The results reveal that CAR and NOM have a positive and significant impact on the stability of Islamic banks, indicating that strong capital adequacy and profitability enhance resilience and financial soundness. In contrast, NPF shows an insignificant effect on bank stability, suggesting that non-performing financing levels during the observed period were manageable and did not critically threaten financial stability. These findings support both signaling theory and financial intermediation theory, emphasizing that improved capital management and operational efficiency can enhance stakeholder confidence and maintain sustainable stability in Islamic banking. The study contributes to Islamic financial literature by providing empirical evidence on the determinants of financial stability, offering valuable insights for regulators and bank managers in developing strategies to strengthen the resilience of Islamic banking institutions in Indonesia.
subject: Articles
  topic: section
creator: Lasty Agustuty
creator: Andi Rifqah Purnama Alam
creator: Afriyani Afriyani
creator: Nurfatwa Andriani Yasin
creator: Hariyanti Hariyanti
rights: Copyright (c) 2025 Lasty Agustuty, Andi Rifqah Purnama Alam, Afriyani Afriyani, Nurfatwa Andriani Yasin, Hariyanti Hariyanti
date: 2025-10-31
publication date: 2025-10-31
starting page: 119
ending page: 127
doi: 10.26618/jncsms57

Good Corporate Governance Optimizing Community Awareness in the Distribution of ZIS
type: item
description: This study examines how the implementation of Good Corporate Governance (GCG) principles enhances community awareness in the distribution of Zakat, Infaq, and Sadaqah (ZIS) through ZIS management literacy at BAZNAS Enrekang Regency, Indonesia. Using a descriptive qualitative approach with a case study design, data were collected through in-depth interviews, observation, and documentation involving BAZNAS administrators, sub-district zakat collection units (UPZ), muzakki (donors), and mustahik (beneficiaries). The results reveal that BAZNAS Enrekang applies GCG principles—transparency, accountability, responsibility, independence, and fairness—in managing ZIS funds. Transparency is realized through regular financial reporting and open access to information, while accountability is ensured by internal and external audits. However, limited community literacy regarding ZIS management reduces understanding and participation in zakat programs. To overcome this, BAZNAS conducts literacy campaigns, simplifies financial information, and involves muzakki in verification and distribution processes. The findings highlight that strengthening GCG-based literacy programs is essential to increase public trust, awareness, and active involvement in ZIS distribution. This study contributes to the literature on Islamic social finance governance by linking corporate governance mechanisms with public literacy and engagement outcomes.
subject: Articles
  topic: section
creator: Husnul Khatimah
creator: Mahsyar Idris
creator: Andi Bahri S
creator: Syahriyah Semaun
creator: Suarning Suarning
rights: Copyright (c) 2025 Husnul Khatimah, Mahsyar Idris, Andi Bahri S, Syahriyah Semaun, Suarning Suarning
date: 2025-10-31
publication date: 2025-10-31
starting page: 106
ending page: 118
doi: 10.26618/8be2v698

Analysis of Employee Wages in The Perspective of Maslahah (Study of Mangnguluang Laying Hen Farm, Kalumeme Village, Ujung Bulu District, Bulukumba Regency)
type: item
description: Wage analysis is the process of reviewing or reviewing wage decisions or policies made by business actors to compensate their workers for the services provided. One of the analytical techniques used by ushul scholars to ensure that the laws (istinbat) whose problems are not expressly regulated in the Qur'an and Hadith is the maslahah point of view. This study aims to find out how the employee wage system is and how to review the perspective of the employee wage system in Mangnguluang Cattle, Tabuttu Kel. The type of research used is descriptive research, which describes the state of a thing or event that occurred both in the present and in the past. The information in this study was collected through observation and interviews. In this study, qualitative research techniques. The wage system at the Mangguluang Laying Hen Farm implements unilateral wage giving without a clear agreement between employees and management. In the perspective of maslahah, the practice of wages without an employment contract is not allowed because it is not in accordance with Islamic law. All employees said that the salary or wages they received were not enough to accommodate all the needs of daily life. Employees or employees' families have not been able to access higher education. While still united, single couples are able to save for marriage needs but not after marriage, and the same is true in an effort to have assets.
subject: Articles
  topic: section
creator: Faiqah Mas’ud
creator: Nurfiah Anwar
creator: Ayu Ruqayyah Yunus
rights: Copyright (c) 2025 Faiqah Mas’ud, Nurfiah Anwar, Ayu Ruqayyah Yunus
date: 2025-10-31
publication date: 2025-10-31
starting page: 167
ending page: 186
doi: 10.26618/qhzkap22

Benefits and Challenges of Issuing Municipal Bonds for the Aceh Government
type: item
description: The issuance of sukuk—Islamic bonds—by local governments has emerged as a viable alternative for financing infrastructure and public development, particularly in regions with special autonomy such as Aceh. This study explores the benefits and challenges of issuing municipal sukuk by the Aceh Government in light of the province’s unique legal framework under Islamic law and the scheduled termination of Special Autonomy Funds by 2027. Using a qualitative library research method, this paper reviews relevant literature, government regulations, and secondary data sources to assess the feasibility of sukuk issuance. The findings reveal several key benefits, including access to more affordable, sharia-compliant financing; reduced dependency on regional budgets and conventional loans; and the promotion of regional financial independence. However, challenges persist, such as limited regulatory clarity, insufficient infrastructure readiness, and low public literacy on sukuk instruments. To maximize the potential of sukuk, policy support, public education, and financial ecosystem strengthening are crucial. The study concludes that sukuk can serve as a strategic financial tool for sustainable development in Aceh, aligning with both economic objectives and Islamic financial principles.
subject: Articles
  topic: section
creator: Trie Nadilla
creator: Almira Keumala Ulfah
creator: Shelly Midesia
creator: Ana Fitria
creator: Wahyu Putri Sagala
rights: Copyright (c) 2025 Trie Nadilla, Trie Nadilla, Almira Keumala Ulfah, Almira Keumala Ulfah, Shelly Midesia, Shelly Midesia, Ana Fitria, Ana Fitria, Putri Wahyu Sagala, Putri Wahyu Sagala
date: 2025-06-17
publication date: 2025-06-17
doi: 10.26618/jei.v8i1.17153

Community Empowerment Based on Muhammadiyah Mosque in Maros-Pangkep, South Sulawesi
type: item
description: This study explores the strategic role of Muhammadiyah mosques as centers for community empowerment in the districts of Maros and Pangkep, South Sulawesi, Indonesia. Utilizing a qualitative research design, data were gathered through in-depth interviews with 12 mosque administrators across selected Muhammadiyah mosques. The findings demonstrate that these mosques serve beyond their religious function, acting as hubs for socio-economic and educational development. Various empowerment initiatives ranging from entrepreneurship training, zakat and waqf-based programs, to informal education highlight the mosque’s expanded role in improving community welfare. Despite these positive impacts, the study identifies key challenges, including limited public engagement, inadequate institutional capacity, and a lack of understanding regarding the mosque’s potential as a driver for sustainable development. The research underscores the importance of structured management strategies and leadership training to enhance mosque-based empowerment programs. Furthermore, it emphasizes the integration of Islamic social finance instruments and participatory governance as critical enablers. The results contribute to the broader discourse on faith-based community development and provide a practical framework for policymakers, religious leaders, and NGOs aiming to optimize mosque roles in societal transformation, particularly within the Muhammadiyah movement. This study affirms that mosques, when professionally managed, can function as powerful agents for inclusive and sustainable development.
subject: Articles
  topic: section
creator: Agusdiwana Suarni
creator: Andi Zulfikar Busri
creator: Sri Wahyuni
creator: Dimas Adi Nugroho
rights: Copyright (c) 2025 Agusdiwana Suarni, Andi Zulfikar Busri, Andi Zulfikar Busri, Sri Wahyuni, Sri Wahyuni
date: 2025-06-17
publication date: 2025-06-17
doi: 10.26618/2ca8sw49

Halal Certification Priorities for Indonesian MSEs: A Comparison Between Stakeholder Perspectives and AI-Based Insights
type: item
description: The implementation of mandatory halal certification in Indonesia poses significant challenges for Micro and Small Enterprises (MSEs), primarily due to constrained financial, technical, and human resources, as well as complex regulatory frameworks. This study investigates strategic priorities to support MSEs in navigating the halal certification process by juxtaposing qualitative perspectives from key halal ecosystem stakeholders government officials, certification bodies, MSE practitioners, and halal influencers with insights generated through artificial intelligence (AI). Employing content and thematic analysis, the study addresses the core research question: “What should be prioritized to facilitate halal certification for Indonesian MSEs?” The findings highlight both areas of convergence and divergence between human and AI-generated perspectives, particularly concerning the practicality, scalability, and sustainability of proposed interventions. While stakeholders emphasize the need for institutional support, simplified procedures, and capacity building, AI contributes innovative, data-driven strategies such as automated compliance tools and targeted digital outreach. This integrative analysis offers a novel contribution by bridging human-centric knowledge with AI-enabled foresight, thereby informing evidence-based policymaking and operational strategies. Ultimately, the study provides a multidimensional roadmap for enhancing the accessibility, efficiency, and inclusivity of halal certification in Indonesia, particularly for MSEs that constitute a vital segment of the national economy and halal value chain.
subject: Articles
  topic: section
creator: Anita Priantina
creator: Safeza Mohd Sapian
creator: Zurina Shafii
creator: Norhazlina Ibrahim
rights: Copyright (c) 2025 Anita Priantina, Safeza Mohd Sapian, Zurina Shafii, Norhazlina Ibrahim
date: 2025-06-17
publication date: 2025-06-17
doi: 10.26618/jei.v8i1.17076

Determinants of Trust in BAZNAS and Implications for Interest in Paying Zakat
type: item
description: This research aims tois to determine the impact of accountability and transparency on trust in amil zakat institutions and its implications for muzak interest in paying zakat in BAZNAS Jambi City. The respondents are 100 muzak who pay zakat in BAZNAS Jambi City. The results show that the variable accountability has a significant effect on trust in Amil Zakat Agency with a p-value of 0.000 < 0.05. Transparency variable has significant effect on trust in Amil Zakat Agency with p-value 0.002 < 0.05. Variable accountabilityhas no effect on the interest of Muzakki towards Zakat payment with p value 0.286 > 0.05. The variable transparency has no effect on the interest of muzak towards paying zakat with p-statistic value 0.150 > 0.05. The variable accountability has a significant effect on muzak's interest in zakat payment mediated by trust in Amil zakat agencies with p-value 0.000 < 0.05. The transparency variable has a significant effect on muzak interest in zakat payment mediated by trust in amil zakat institutions, with a p-value of 0.0018 < 0.05.
subject: Articles
  topic: section
creator: Mutiara Kinanti
creator: Wirmie Eka Putra
creator: Fitrini Mansur
rights: Copyright (c) 2025 Mutiara Kinanti, Wirmie Eka Putra, Wirmie Eka Putra, Wirmie Eka Putra, Fitrini Mansur, Fitrini Mansur, Fitrini Mansur
date: 2025-06-17
publication date: 2025-06-17
doi: 10.26618/jei.v8i1.16209

Fractional Reserve Banking in Islamic Finance: A Comparative Analysis of Islamic and Western Economic Perspectives
type: item
description: This article examines the concept and implementation of fractional reserve banking (FRB) through the lens of both Western economic thought and Islamic finance. Utilizing a qualitative methodology with a library research approach, this study investigates theoretical and practical differences between the two paradigms. In conventional Western finance, FRB is widely accepted as a mechanism that enables credit expansion, supports investment, and enhances liquidity within financial systems. Economists such as Mises, Keynes, and Rothbard offer varying justifications and criticisms of this system—ranging from monetary creation efficiency to moral hazards such as artificial credit inflation. Conversely, Islamic economic thought fundamentally challenges the legitimacy of FRB due to its connection with interest (riba), risk of gharar (uncertainty), and issues of dual ownership in deposit structures. Islamic scholars argue that the practice contradicts the principles of ownership (milkiyah) and justice in financial dealings, thereby undermining the ethical framework of Sharia-compliant finance. The paper highlights how the replication of conventional banking practices in Islamic finance raises concerns about authenticity and systemic risks. Additionally, it addresses the resurgence of proposals for full-reserve banking following global financial crises, suggesting growing discontent with the status quo. Ultimately, this comparative analysis reveals a significant philosophical and operational divide between Western and Islamic views on banking and monetary policy. The study contributes to ongoing discussions about ethical financial reform and provides critical insights into the viability of implementing fractional reserve banking in Islamic financial institutions.
subject: Articles
  topic: section
creator: Ayif fathurrahman
rights: Copyright (c) 2025 Ayif fathurrahman
date: 2025-06-17
publication date: 2025-06-17
doi: 10.26618/jei.v8i1.17634

Evaluating the Effectiveness of BAZNAS Zakat Distribution on Mustahik Welfare in Ajatappareng Using the CIBEST Model
type: item
description: Zakat distribution in Indonesia has generally been limited to material measurements, which often results in an imbalanced impact on mustahik , especially in the context of productive zakat. To address this gap, the CIBEST (Center for Islamic Business and Economic Studies) model is recognized as an effective tool for measuring both material and spiritual dimensions of welfare. This study focuses on productive zakat recipients ( mustahik ) under the auspices of BAZNAS in the Ajatappareng region, specifically in Parepare City and Sidenreng Rappang Regency. The research adopts a mixed-methods approach, combining quantitative and descriptive qualitative analysis, while using the CIBEST model to evaluate the impact of zakat distribution. Findings reveal that BAZNAS distributes both productive and consumptive zakat—including cash assistance, business equipment, and staple food—alongside training, mentoring, and empowerment programs. Based on the CIBEST quadrant analysis, significant shifts occurred in the material and spiritual poverty classifications of mustahik . Before receiving zakat, households were distributed as follows: Quadrant I (10 households), Quadrant II (22), Quadrant III (0), and Quadrant IV (3). After receiving productive zakat, the distribution changed markedly to: Quadrant I (29 households), Quadrant II (6), Quadrant III (0), and Quadrant IV (0). A paired-sample statistical test showed a significant difference in household income before and after zakat assistance, with a p-value (Sig. 2-tailed) of 0.000 (< 0.05). These findings confirm that productive zakat distribution by BAZNAS has a positive and statistically significant impact on improving the economic welfare of mustahik in the Ajatappareng region.
subject: Articles
  topic: section
creator: Aditya Yusriadi
creator: Damirah Damirah
creator: Fikri Fikri
creator: Darmawati Darmawati
creator: Muhammad Kamal Zubair
rights: Copyright (c) 2025 Aditya Yusriadi, Damirah Damirah, Damirah Damirah, Fikri Fikri, Fikri Fikri, Darmawati Darmawati, Darmawati Darmawati, Muhammad Kamal Zubair, Muhammad Kamal Zubair
date: 2025-06-17
publication date: 2025-06-17
doi: 10.26618/jei.v8i1.13965

Profit Accountability in Small and Medium Enterprises: An Islamic Accounting Perspective
type: item
description: This study explores the concept of profit accountability in Small and Medium Enterprises (SMEs) from an Islamic accounting perspective, with a specific focus on SMEs in Bantaeng Regency, South Sulawesi, Indonesia. Recognizing SMEs as vital contributors to regional economic development, this research addresses the limited understanding of how profit is perceived and managed within such enterprises, especially under religious and cultural values. Employing a qualitative field research design, data were collected through interviews, observations, and documentation involving 29 SME actors and local cooperative agencies. Data validity was ensured through triangulation and assessed using the criteria of credibility, transferability, dependability, and confirmability. The findings reveal that SME actors tend to maintain informal and basic financial records. More importantly, the notion of accountability extends beyond human stakeholders to a spiritual accountability to Allah SWT, reflecting the integration of religious values in business practices. Profit, in this context, is not merely financial but also encompasses non-material dimensions such as health, social relationships, knowledge, and spiritual fulfillment. This study contributes to the literature on Islamic accounting by providing a contextual understanding of accountability and profit, offering insights for policymakers and practitioners seeking to support SME development in socio-religious settings.
subject: Articles
  topic: section
creator: Saddan Husain
rights: Copyright (c) 2025 Saddan Husain
date: 2025-06-17
publication date: 2025-06-17

Sharia-Compliant Digital Marketing Strategies to Boost Sales Revenue for Micro, Small, and Medium Enterprises in Parepare City
type: item
description: This study investigates the implementation of sharia-compliant digital marketing strategies to enhance the sales turnover of Micro, Small, and Medium Enterprises (MSMEs) in Parepare City. Using a qualitative approach with a case study methodology, data were collected through direct observation, in-depth interviews, and documentation. The research focuses on understanding the effectiveness of digital marketing through social media platforms such as Facebook, Instagram, and TikTok while adhering to Islamic ethical principles. The findings reveal that before adopting digital marketing strategies, MSMEs in Parepare City experienced stagnant, declining, or inconsistent turnover due to reliance on traditional marketing methods. However, after utilizing social media for product promotion, most MSMEs reported turnover increases ranging from 20% to 80%. Facebook emerged as the most widely used platform, providing significant outreach and engagement opportunities. Additionally, TikTok and Instagram contributed to customer engagement through creative and interactive content. From an Islamic perspective, the study highlights that MSME actors operate their businesses in line with the principles of falah (worldly and spiritual prosperity), emphasizing transparency, fairness, and ethical practices in their marketing efforts. The adoption of sharia-compliant digital marketing strategies not only enhanced sales performance but also supported sustainable and ethical business operations. This study underscores the potential of digital marketing as a transformative tool for MSMEs, particularly when aligned with Islamic values. Future research could expand the scope by exploring additional sectors or regions to provide a more comprehensive understanding of the impact of digital marketing strategies on business growth.
subject: Articles
  topic: section
creator: Nur Asih
creator: St. Nurhayati
creator: Muhammad Kamal Zubair
creator: Syahriah Semaun
creator: Damirah Damirah
rights: Copyright (c) 2024 Nur Asih
date: 2024-10-31
publication date: 2024-10-31
doi: 10.26618/jei.v7i2.13239

The Potential of Sharia Pawnshops in Promoting Financing of Micro, Small and Medium Enterprises (Umkm) in South Sulawesi
type: item
description: This study aims to find out how the potential of sharia pawnshops in encouraging the financing of Micro, Small and Medium Enterprises (MSMEs). The type of research used is a qualitative research method. The processed data is the result of interviews with sharia pawnshop employees in South Sulawesi. Data collection methods in this study are interviews, observation, Documentation Studies in which the authors go directly to see the conditions in the field. The results of this study indicate that the advantages of Islamic pawnshops in financing the MSME sector are: government owned, credit insurance, the process is easy, min -3 working days, guidance to customers but there are some things that need to be considered for MSME actors, namely they cannot take financing at sharia pawnshops when their business does not yet have a business license from the government and also there is no bookkeeping of the business being run so that the sharia pawnshop has difficulty in providing capital to MSMEs.
subject: Articles
  topic: section
creator: Syahidah Rahmah
creator: Muh. Sigit
rights: Copyright (c) 2024 Syahidah Rahmah, Muh. Sigit
date: 2024-10-31
publication date: 2024-10-31
doi: 10.26618/jei.v7i2.16319

Effectiveness of Ziswaf Fundraising Through (QRIS) in Efforts to Increase Institutional Income
type: item
description: The aim of this research is to determine the effectiveness of ZISWAF fundraising through QRIS media for the income of institutions in Wahdah, the inspiration for zakat, Makassar city. The research method used in this research uses a qualitative method using a phenomonological approach to see the phenomena that occur in institutions and society with the existence of QRIS media as a fundraising tool at Wahdah zakat inspiration. The results of the research show that collecting funds through QRIS is quite helpful in making transactions easier for people who want to pay zakat or want to donate to the Wahdah Inspiration Zakat city of Makassar. It's just that with the existence of QRIS media, there are still many people who don't trust collecting through QRIS media and don't even know how to do it. its operation. QRIS media has not had a big impact on fundraising because people who donate large amounts use mobile banking and there is a lack of funds generated through QRIS so it can be said to be ineffective.
subject: Articles
  topic: section
creator: Ilman Nur
creator: Muhtar Lutfi
creator: Ahmad Efendi
creator: Jamaluddin Majid
creator: Rahmawati Muin
rights: Copyright (c) 2024 Ilman Nur, Muhtar Lutfi, Ahmad Efendi, Jamaluddin Majid, Rahmawati Muin
date: 2024-10-31
publication date: 2024-10-31
doi: 10.26618/jei.v7i2.16263

Analyzing Sharia Compliance in Fintech: Measuring the Relevance of its Services with the Principles of Islamic Economic Law
type: item
description: This research is a literature review. The method used in this research is Library Research or literature review, which gathers data from literature and other sources that support and are relevant to the discussion in this research. The results of this research are that Fintech that adheres to Sharia principles has significant relevance in the context of Indonesia, where the majority of the population is Muslim. The practice of Fintech in accordance with Sharia economics reflects a commitment to avoiding usury, adhering to principles of Sharia financing, increasing consumer awareness, and supporting the growth of Sharia financial markets. This creates important economic, financial, and social benefits for the Muslim community while simultaneously reflecting values of integrity, transparency, and justice in business operations. Thus, this research emphasizes that the implementation of Sharia principles in Fintech is a wise and sustainable step in supporting the development of Islamic economics and financial services in line with Islamic values in Indonesia. Keywords: Islamic Economic Law, Fintech, Sharia Services
subject: Articles
  topic: section
creator: Nor Risnawati
creator: Weldy Ahmad Fayyadhi
rights: Copyright (c) 2024 Nor Risnawati, Weldy Ahmad Fayyadhi, Weldy Ahmad Fayyadhi
date: 2024-10-31
publication date: 2024-10-31
doi: 10.26618/jei.v7i2.12988

Factors Influencing People's Decision to Save in Sharia Bank (Case Study in Sleman District)
type: item
description: This research aims to analyze the determinants that have an influence on savings decisions in regional sharia banks in Sleman Regency. The possibility of a technical sample is the sampling technique in this research. From this technique there were 116 respondents. This research data is primary data with multiple linear regression methods. Research finds that the religiosity variable has no influence on people's decisions to save in Islamic banks. Meanwhile, the variables of trust, level of results and knowledge have a significant positive influence on the decision to save. Meanwhile, simultaneously all the research variables that influence the decision to save at a regional sharia bank in Sleman Regency with a coefficient of 0.630 promise from the results of this research that sharia banks are able to maintain the variables of trust, knowledge and level of profit sharing which are the dominant factors that influence people to save at the k sharia bank.
subject: Articles
  topic: section
creator: Ayif Fathurrahman
creator: Dian Puspita Ratnasari
rights: Copyright (c) 2024 Ayif Fathurrahman, Dian Puspita Ratnasari, Dian Puspita Ratnasari
date: 2024-10-31
publication date: 2024-10-31
doi: 10.26618/jei.v7i2.13236

Falah Mart Business Development Strategy as Foundation Supporter in Islamic Economic Perspective
type: item
description: This research aims to determine the business development strategy of Falah Mart as a supporter of the Foundation and from an Islamic economic perspective. This research method is qualitative ex post facto focusing on seven research subjects through a purposive sampling method. Data was collected by conducting in-depth interviews and analyzed using the Miles and Huberman theory and SWOT analysis. The research results reveal that there are several strategies from internal and external factors that need to be developed through a combination SWOT Analysis matrix. Other strategies are product development, market development (price, promotion, distribution), business capital development, and human resource quality development. As for the Islamic economic perspective, Falah Mart applies the principles of honesty, friendliness, ta'awun (mutual help), responsibility, noble character, justice, cooperation, awareness of the welfare of life in this world and the hereafter.
subject: Articles
  topic: section
creator: Abdul Rauf
creator: Siradjuddin Siradjuddin
creator: Wahid Haddade
rights: Copyright (c) 2024 Abdul Rauf, Siradjuddin Siradjuddin, Siradjuddin Siradjuddin, Wahid Haddade, Wahid Haddade
date: 2024-10-31
publication date: 2024-10-31
doi: 10.26618/jei.v7i2.13162

Bank Muamalat Indonesia Branch Kolaka Strategy in Encouraging Small and Intermediate Business in Regency Kolaka
type: item
description: The aim of this research is a qualitative descriptive type of research with the aim of finding out the strategy of Bank Muamalat Indonesia Kolaka branch in encouraging small and medium businesses in Kolaka district and to find out the back to back financing mechanism at Bank Muamalat Indonesia Kolaka branch in encouraging small and medium businesses in Kolaka district . The results of the research show data using interviews and data collection regarding the strategy of Bank Muamalat Indonesia Kolaka branch in encouraging small and medium businesses in Kolaka district and to find out the back to back financing mechanism at Bank Muamalat Indonesia Kolaka branch, the author draws an important conclusion, namely a business strategy that can in the form of geographic expansion, diversification, acquisition, product development, market penetration, employee rationalization, divestment, liquidation, as well as to determine and achieve organizational goals and special mechanisms that can differentiate one from another.
subject: Articles
  topic: section
creator: Sri Wahyuni
creator: Agusdiwana Suarni
creator: Meli Amanda
rights: Copyright (c) 2024 Agusdiwana Suarni, Sri Wahyuni, Meli Amanda
date: 2024-10-31
publication date: 2024-10-31
doi: 10.26618/jei.v7i2.16262

Al-Adalah Concept in Distribution of Zakat Funds Towards Mustahiq Zakat in Lazismu Makassar City
type: item
description: The aim of this study is to investigate the implementation of the Al-Is concept in the distribution of zakat funds to mustahiq zakat recipients in the Lazis City Makassar. The research method employed is qualitative in nature. Data processing involves analysis of interviews conducted with staff members of Lazis City Makassar (Administrative Body Secretariat). Data collection methods include interviews, observations, and documentation studies, with the authors directly observing field conditions. The findings of this study reveal that the implementation of the Al-Is concept in distributing zakat funds to mustahiq zakat recipients in Lazis City Makassar has been carried out. However, there are variations in the allocation of funds among the eight asnaf categories. This variation reflects the principle of fairness in distributing zakat funds among the eight asnaf categories, which is determined based on the needs of each recipient category. The decision-making process regarding the allocation of funds is influenced by sharia board decisions, which may vary depending on the needs and conditions of each area.
subject: Articles
  topic: section
creator: Agusdiwana Suarni
creator: Muhammad Najib Kasim
creator: Syahrir Japar
rights: Copyright (c) 2024 Agusdiwana Suarni, Muhammad Najib Kasim, Syahrir Japar
date: 2024-04-30
publication date: 2024-04-30
doi: 10.26618/jei.v7i1.14523

Mosque Financial Management ( Study Cases At Mosques In The District Herlang Regency Bulukumba )
type: item
description: Study This aim For investigate practice management financial funds for mosques in the district Herlang , Regency Bulukumba . Study This use method qualitative descriptive that combines observation , interviews , and documentation as tool data collection . Data sources used in study This consists from primary data and secondary data . Research results indicated that fund management at the Nurul Yaqin Mosque , Nurul Hijad , Nurul Amin, and Babul Khaer Mosque based on principles management finance , incl planning , implementation , and evaluation . Management of mosque funds involves a number of aspect important , like system receiving funds, managing funds, and reporting funds. The potential funds managed by the mosque make it possible become A source well-being for public local area and contribute to the prosperity of the mosque yourself . In context this , practice management Good finances in the Mosque are very important For ensure that funds are received and managed with efficient and transparent . Research results This can give valuable insight _ about How management finance can improved in context management of mosque funds in this region.
subject: Articles
  topic: section
creator: Agusdiwana Suarni
creator: Nurlina Nurlina
creator: Irna Yulianti
rights: Copyright (c) 2023 Agusdiwana Suarni, Nurlina Nurlina, Nurlina Nurlina, Irna Yulianti, Irna Yulianti
date: 2023-10-31
publication date: 2023-10-31
doi: 10.26618/jei.v6i2.12817

Traders' Understanding of Trade Zakat Accounting and Its Implementation in Kel. Balla Kec. Baraka Kab. Enrekang
type: item
description: This study aims to find out how merchants understand accounting for trade zakat and its implementation in Balla Village, Baraka District, Enrekang Regency. This type of research is a qualitative research method. The processed data is the result of interviews with 7 (seven people) traders in the balla family and UPZ 1 administrators (one person). This research resulted in the following findings: first, based on the results of research conducted by researchers that the understanding of traders in the Balla sub-district regarding trade zakat accounting is still lacking. Because most traders do not really understand the procedures for implementing trade zakat accounting, even though among the traders who have been interviewed by researchers there are only some who already understand the nishab and haul of trade zakat, and how much measure must be issued, but the calculation procedure is not correct. with the accounting standard for trade zakat accounting, namely 2.5% x (current assets - short term debt) Second: Implementation of trade zakat in the Balla sub-district, Baraka sub-district, Enrekang district regarding trade zakat accounting has been realized but not optimal because only a small number of traders have issued zakat trading results even though the calculation procedures they use are not correct. Due to the lack of information they get regarding trade zakat accounting, it is still lacking and most traders have not received information regarding trade zakat accounting, either from community shops or religious shops. Or institutions related to amil zakat bodies
subject: Articles
  topic: section
creator: Agusdiwana Suarni
creator: Sahrullah Sahrullah
creator: Muh. Arisaldi
rights: Copyright (c) 2023 Jurnal Ar-Ribh
date: 2023-04-30
publication date: 2023-04-30
doi: 10.26618/jei.v6i1.10629

Determinants of Zakat Payment Behavior through Digital Platforms in Makassar City
type: item
description: This study aims to examine the factors that determine muzakki behavior in paying zakat through digital platform services in the city of Makassar. The type of research used is applied research with field studies. The approach used in this research is quantitative with causal associative. The method in this study is through primary data collection by distributing questionnaires and secondary data through data collection at BAZNAS and LAZ in Makassar City as well as through reference journals related to the study title. The sample technique used is the Ferdinand formula with a sample size of 332. The data analysis technique used in this study is the Structural Equation Model (SEM). The results of this study show that the perception of usefulness has a significant effect on the intention of muzakki, the perception of ease of use has a significant effect on the intention of muzakki, digital knowledge has a significant effect on the intention of muzakki, the perception of usefulness does not affect the behavior of muzakki, simple perception. usage has a significant effect on muzakki behavior, digital knowledge has a significant effect on muzakki behavior, intention has a significant effect on muzakki behavior, perception of usefulness has a significant effect on behavior through muzakki intention, perception of ease of use has a significant effect significant on behavior through muzakki intention and digital knowledge has a significant effect on behavior through muzakki intention
subject: Articles
  topic: section
creator: M Yusuf K
creator: Rika Dwi Ayu Parmitasari
creator: Abdul Wahid Haddade
rights: Copyright (c) 2023 M Yusuf K, Rika Dwi Ayu Parmitasari, Rika Dwi Ayu Parmitasari, Abdul Wahid Haddade, Abdul Wahid Haddade
date: 2023-10-31
publication date: 2023-10-31
doi: 10.26618/jei.v6i2.12815

The Influence of Islamic Branding and Life Style on Decisions to Purchase Muslimah Fashion Products in Makassar City With Celebrity Endorsement as a Moderating Variable
type: item
description: This research aims to examine the factors that influence consumers in making product purchasing decisionsfashion Muslim women in Makassar City through influenceislamic branding to the Purchase Decision,life that muchon Purchase Decisions, moderation effectCelebrity endorsement betweenislamic branding on purchasing decisions and moderating effectsCelebrity endorsement betweenlife style to the purchase decision. The type of research used is quantitative. The approach used in this research is causal associative. The method in this research is through collecting primary data by distributing questionnaires and secondary data through reference journals related to the research topic. The sampling technique uses the Heir formula with a sample size of 225. The data analysis technique used in this research isSPSS 26. The results of this research show thatIslamic branding dan life style has a positive and significant effect on product purchasing decisionsfashion Muslim women in Makassar City and for moderation,celebrity endorsement does not moderate the relationship betweenIslamic branding on purchasing decisions is different fromLife style in this case,celebrity endorsement strengthen the relationship betweenlife style to the purchase decision. The implications of this research show that consumers should filter all information and interactions, both on the internet and in the surrounding environment, and continue to base Islamic teachings in their daily lives because a person's lifestyle is formed from the results of interactions with their environment. Consumers also have to choose which celebrities can direct us to goodness and adhere to Islamic values. For the perpetratorsindustry fashion Muslim women in particular can show that the materials and manufacturing processfashion Muslim women are in accordance with Islamic values so that consumers are increasingly confident in purchasing products. Then, future researchers can examine other variables that are not yet in this res…
subject: Articles
  topic: section
creator: Nur Hadisa
creator: Abd. Wahid Haddade
creator: Rika Dwi Ayu Parmitasari
rights: Copyright (c) 2024 Nur Hadisa
date: 2024-04-30
publication date: 2024-04-30
doi: 10.26618/jei.v7i1.12827

The Concept of Waqf: Analysis of Waqf Thought According to Imam Shafi'i
type: item
description: This research describes the thoughts of Imam Syafi'i on waqf, one of the important concepts in Islam that involves the transfer of property ownership for perpetual charitable purposes. Waqf it self means the release of wealth intended to build facilities and infrastructure needed by To promote community well-being human life. Imam Syafi'i is one of the great scholars who views waqf as a powerful instrument in promoting social welfare and providing sustainable benefits for the Muslim community. He believes that waqf is the surrender of a property or wealth to Allah for charitable use and cannot be revoked by the waqif (the one making the waqf), meaning that waqf with a specific time limit is not permissible because the waqif, who has dedicated their property to Allah, cannot reclaim the waqf property. The research method used in this study is a descriptive qualitative study with a field survey approach. The results of this investigation suggest that the land was dedicated as a waqf. is no longer the individual's (waqif's) ownership but has transformed into the ownership of the community (belonging to Allah). As a result, the dedicated property cannot be traded, donated, or inherited because it is no longer personal property but public ownership (belonging to the community).
subject: Articles
  topic: section
creator: Wahyuddin Wahyuddin
creator: Misbahuddin Misbahuddin
creator: Siradjuddin Siradjuddin
rights: Copyright (c) 2024 Wahyuddin Wahyuddin, Misbahuddin Misbahuddin, Siradjuddin Siradjuddin
date: 2024-04-30
publication date: 2024-04-30
doi: 10.26618/jei.v7i1.14512

The Impact of Productive Zakat on Improving the Welfare ofMustahik Micro EnterprisesAt the National ZakatAmil Agency (BAZNAS) Parepare City
type: item
description: This researchaimsto analyze the methods and effect of effective zakat on improving the welfare of mustahik micro groupsat the Parepare metropolis country wide Zakat Amil organization. This studieschanged intoexecuted to BAZNAS leaders to find outproductive zakat tactics, even as to mustahik to find out the impact on improving the welfare of mustahik micro-firms. by way ofusing qualitative studiesmethods and subjectresearchtypes, as well asthe use of a case take a look atresearchtechnique. The statisticsobtainedmay be concluded that commercial enterprise capital from effective zakat given to mustahik can enhance the welfare of mustahik micro-businesses. the extent of mustahik welfare is seen from al-Ghazali's approach, particularly welfare primarily based on ad-Diin, an-Nafs, al-Aql, an-Nahl, and al-Mall.
subject: Articles
  topic: section
creator: Mawaddah Rachman
creator: Syahriyah Semaun
creator: Suarning Suarning
creator: Mahsyar Mahsyar
creator: Muhammad Kamal Zubair
rights: Copyright (c) 2024 Mawaddah Rachman
date: 2024-04-30
publication date: 2024-04-30
doi: 10.26618/jei.v7i1.13911

The Effectiveness Of Implementing The Musyarakah Mutanaqisah (MMQ) Contract On The Financing Of Home Ownership Credit Products (KPR) BTN Syariah Makassar Branch
type: item
description: The purpose of this study was to find out how the implementation of the Musyarakah Mutanaqisah (MMQ) contract for financing home ownership credit (KPR) and to analyze the effectiveness of implementing the MMQ contract for financing KPR products at Bank BTN Syariah Makassar Branch. This type of research is a qualitative research with a descriptive approach. The data sources of this research are primary and secondary data . Data collection methods used in this research are observation, interviews, and documentation. The results of this study indicate that the implementation of the MMQ contract in financing KPR products at the Makassar Branch of BTN Syariah bank is that the bank and the customer jointly buy a house object and then agree to rent it out again to gain profit from the rental with a profit sharing ratio, where the customer as the owner as well as the tenant is obliged to pay installments bank principal and lease, the portion of bank ownership will decrease due to gradual purchases and full ownership for the customer of the object at the end of the period. The results of this study also explain that the application of the MMQ contract in financing KPR products of Bank BTN Syariah Makassar is still ineffective because in practice it still creates a conflict with the characteristics of MMQ.
subject: Articles
  topic: section
creator: Supriadi Hamid
creator: Nuraisyah Supriani
creator: Kamaruddin Arsyad
rights: Copyright (c) 2024 Supriadi Hamid, Nuraisyah Supriani, Kamaruddin Arsyad
date: 2024-04-30
publication date: 2024-04-30
doi: 10.26618/jei.v7i1.14524

Review of Marketing Ethics in Sharia Property Business Actors (Case Study on Sharia Property Business Actors in Maros Regency )
type: item
description: In Islam, ethics serves as the guiding principle of distinguishing between right and wrong, based on the teachings of the Qur'an and the Sunnah (traditions of the Prophet Muhammad). Ethics holds significant importance in business endeavors, particularly in the context of marketing practices. This study aims to assess the alignment of marketing ethics among Sharia property entrepreneurs in Maros Regency with Islamic business ethics. Utilizing a qualitative research approach with a phenomenological perspective, data collection involved interviews, observations, and documentation. The findings indicate that while the marketing ethics employed by Sharia property entrepreneurs in Maros Regency generally adhere to Islamic business ethics, there are areas that require enhancement, such as trustworthiness, transparency, and accountability. Strengthening these aspects can contribute to fostering greater integrity and ethical conduct within the business community, aligning with the principles outlined in Islamic teachings.
subject: Articles
  topic: section
creator: Herman Herman
creator: Muh. Nasir Hamzah
creator: Nasrullah Bin Sapa
rights: Copyright (c) 2024 Herman Herman, Muh. Nasir Hamzah, Nasrullah Bin Sapa
date: 2024-04-30
publication date: 2024-04-30
doi: 10.26618/jei.v7i1.14522