scholarly journals Opportunities and challenges halal marketplace in Indonesia

2021 ◽  
Vol 4 (2) ◽  
pp. 90
Author(s):  
Wahyu Setyorini ◽  
Ana Raudlatul Jannah ◽  
Uci Wulansari ◽  
Mir'atun Nisa
Keyword(s):  
Total Population ◽  
Market Potential ◽  
Islamic Finance ◽  
Economic Literacy ◽  
Literature Study ◽  
Muslim Population ◽  
The Public ◽  
Online Transactions ◽  
Online Trading ◽  
Islamic Economic

The development of information technology encourages the emergence of various online transaction activities, one of which is online trading transactions through the marketplace. Currently, Indonesia has the largest Muslim population, which is 87% of the total population who also takes part in buying and selling activities and online transactions. Muslim awareness and interest in halal products is increasing, but there is a need of understanding regarding transactions according to Sharia. The purpose of this study: to analyse the potential and challenges of the halal marketplace in Indonesia using a literature study research method. The results of this study indicate that in Indonesia the halal marketplace has a large market potential and is an innovation in the development of the existing marketplace. Besides this potential, the halal marketplace also has challenges in its development, including the low level of Islamic economic literacy among the public, low inclusion of Islamic finance, and the lack of utilization of the halal marketplace platform by halal MSMEs. It is hoped that these potentials and challenges can become views in determining and developing policies.

scholarly journals Sosialisasi Literasi Keuangan Syariah Pada Anak Usia Dini

2020 ◽  
Vol 3 (2) ◽  
pp. 136
Author(s):  
Peni Haryanti ◽  
Athi’ Hidayati ◽  
Iesyah Rodliyah ◽  
Choirun Nisful Laili ◽  
Sari Saraswati
Keyword(s):  
Community Service ◽  
Financial Literacy ◽  
Positive Response ◽  
Islamic Finance ◽  
Second Phase ◽  
Muslim Population ◽  
The Public ◽  
The World ◽  
Islamic Financial Institutions ◽  
Implementation Stage

Indonesia is a country with a majority Muslim population. In terms of quantity, it has big potential as a center for the development of Islamic finance. The lack of Islamic financial literacy has made the public do not understand the importance of Islamic financial institutions in terms of both the benefit of the world and the hereafter. The method of implementing this activity is carried out in four stages, namely (1) Planning, (2) Preparation, (3) Implementation, and (4) Evaluation Implementation. At the implementation stage, socialization of sharia financial literacy is carried out to students, teachers and guardians of students and mentoring. The results obtained from community service are the first percentage of understanding and knowledge of financial literacy which increased from 56,5% to 85% both students, teachers and guardians of students viewed from the results of the pretest and posttest that have been given. Secondly, during the mentoring the participants gave a positive response with a percentage of 86% and 100% interested in participating in the second phase of socialization in order to know the positive developments after obtaining mentoring as seen from the results of the questionnaire responses that had been given.

PETA KEKUTAN EKONOMI SYARIAH DALAM MENGHADAPI MASYARAKAT EKONOMI ASEAN (MEA)

ALQALAM ◽  
2015 ◽  
Vol 32 (2) ◽  
pp. 331
Author(s):  
Itang Itang
Keyword(s):  
Free Market ◽  
Islamic Finance ◽  
Islamic Banks ◽  
Economic Community ◽  
Financial Industry ◽  
Muslim Population ◽  
The People ◽  
Islamic Financial Institutions ◽  
Asean Economic Community ◽  
Islamic Economic

This paper examines the economic power of sharia that is not only able to survive but also can grow in the free market zone in Southeast Asia (ASEAN Economic Community (AEC)). The Islamic economic strength in Indonesia can be based on several reasons namely: 1). Muslim population. As the country with the largest Muslim population of about (87-90%), Indonesia should be the pioneer and the great power of Islamic finance in the world 2). Inherent Islamic doctrine and human resources. 3). Regulation of Islamic Economics as a tool that can legalize all policies the implementation of Islamic Economics. 4). Actors of Islamic Economics that come from various backgrounds such as practitioners, academics and customers. 5). Islamic Financial Industry Development. According to the data from Bank Indonesia in October 2013, there are 11 Islamic Banks, 23 Islamic Banks in the form of Sharia Business Unit , and 160 small sharia banks that distribute the fund for the people. Islamic banking assets currently has reached Rp. 228 trillions. The development of Islamic financial institutions does not only reach Islamic banks but also Islamic non­ banks such as insurance and pawnshop. Therefore we  are optimistic that sharia economy can grow in ASEAN Economic Community (AEC).Key word: sharia economy , islamic finance, AEC , ASEAN ,

scholarly journals Information search trends about sharia: a comparation study between business-industry genre with book-literature genre

2020 ◽  
Vol 3 (1) ◽  
pp. 35
Author(s):  
Akhmad Kusuma Wardhana
Keyword(s):  
Information Search ◽  
Comparative Studies ◽  
Market Potential ◽  
Primary Data ◽  
The Internet ◽  
Literature Study ◽  
Muslim Population ◽  
Internet Users ◽  
The World ◽  
Descriptive Qualitative

Indonesia has a large sharia market potential. This is because Indonesia has the largest Muslim population in the world. The market potential is supported by the openness of information via the internet. This study aims to observe trends in information search on the internet about sharia with comparative studies on the genre of "business-industry" with the genre of "book-literature". The approach in this research is descriptive qualitative with the method of a literature study to collect data. The primary data of this study are the trends in sharia information sought by internet users throughout 2019. The results of the study indicate that the trend of information about sharia with the "business-industry" genre is more than the "book-literature" genre. The trend of seeking information about halal is the most trend in both genres, while the trend of finding the least information is information about sharia research.

scholarly journals ANALISIS PERTUMBUHAN KEUANGAN SYARIAH DI ERA DIGITALISASI

2021 ◽  
Vol 1 (1) ◽  
pp. 39
Author(s):  
Sirojudin Siroj
Keyword(s):  
Business Strategy ◽  
Market Potential ◽  
Consumption Patterns ◽  
Public Acceptance ◽  
Islamic Finance ◽  
Muslim Population ◽  
Digital Era ◽  
Approach Method ◽  
Descriptive Approach ◽  
Develop Market

AbstrakKemajuan teknologi digitalisasi juga memainkan peran penting khususnya sejak pandemi dimulai di awal tahun lalu yang kini telah membentuk pola konsumsi di tengah masyarakat yang serba online juga mendorong sektor keuangan untuk berlomba-lomba memenuhi kebutuhan masyarakat tersebut. Untuk mencapai hal itu, tentunya dibutuhkan perumusan strategi bisnis yang tepat sasaran dan menciptakan kolaborasi yang kuat antar berbagai stakeholder seperti regulator, tenaga ahli, dan pelaku industri berbasis Syariah untuk bersama-sama menghadapi tantangan dan mengembangkan potensi pasar serta meningkatkan akseptasi masyarakat terhadap ekonomi dan keuangan Syariah. Sehingga yang menjadi rumusan masalah dalam peneliatian ini ialah bagaimana pertumbuhan keuangan Syariah di era globalisasi serta tujuan dari penelitiannya adalah untuk mengetahui bagaimana pertumbuhan keuanagan syariah di era globalisasi ini. Adapun metode yang digunakan dalam penelitian ini adalah metode pendekatan deskriptif dimana penulis menguraikan dan menganalisis data dari hasil temuan di lapangan. Sehingga kesimpulan dari penelitian ini menunjukkan bahwa keuangan syariah semakin meningkat dari tahun ke tahun. Hal ini tentu tidak lepas dari semakin majunya teknologi yang ada. Di Era digitalisasi ini segala sesuatu berjalan dengan lebih mudah. Salah satunya informasi. Para pemangku  kepentingan di bidang keuangan syariah bisa lebih mudah menyampaikan informasi melalui media sosial. Dengan begitu masyarakat menjadi semakin lebih peduli tentang apa dan bagaimana seharusnya mereka menginvestasikan uangnya. Indonesia merupakan negara yang memiliki penduduk muslim dijajaran mayoritas, maka dari itu tidak heran jika sekarang keuangan syariah terus berkembang pesat di Indonesia karena masyarakat juga semakin menyadari bahwa transaksi yang ingin digunakan tentunya halal dan bisa menjadi berkah untuk masyarakat. AbstrackAdvances in digitalization technology have also played an important role, especially since the pandemic began at the beginning of last year which has now shaped consumption patterns in the midst of an all-online society as well as encouraging the financial sector to compete to meet the needs of the community. To achieve this, of course, it is necessary to formulate a well-targeted business strategy and create strong collaboration between various stakeholders such as regulators, experts, and Sharia-based industry players to jointly face challenges and develop market potential and increase public acceptance of the economy and finance. Sharia. So that the formulation of the problem in this research is how the growth of Islamic finance in the era of globalization and the purpose of the research is to find out how the growth of Islamic finance in this era of globalization. The method used in this study is a descriptive approach method in which the author describes and analyzes data from the findings in the field. So the conclusion of this study shows that Islamic finance is increasing from year to year. This of course cannot be separated from the advancement of existing technology. In this digital era, everything is easier. One of them is information. Stakeholders in the field of Islamic finance can more easily convey information through social media. That way people are becoming more and more concerned about what and how they should invest their money. Indonesia is a country that has a Muslim population in the majority ranks, therefore it is not surprising that now Islamic finance continues to grow rapidly in Indonesia because people are also increasingly realizing that the transactions they want to use are certainly halal and can be a blessing for the community.

Literature Study –Data Mining Techniques on Detecting Fradulent Activities in Credit Card

2017 ◽  
Vol 6 (10) ◽  
pp. 60
Author(s):  
S. K. Saravanan ◽  
G. N. K. Suresh Babu
Keyword(s):  
Data Mining ◽  
Credit Card ◽  
Data Transfer ◽  
Study Data ◽  
Time Requirement ◽  
Literature Study ◽  
Data Mining Techniques ◽  
Online Transactions ◽  
Secured Data ◽  
Credit Card Usage

In contemporary days the more secured data transfer occurs almost through internet. At same duration the risk also augments in secure data transfer. Having the rise and also light progressiveness in e – commerce, the usage of credit card (CC) online transactions has been also dramatically augmenting. The CC (credit card) usage for a safety balance transfer has been a time requirement. Credit-card fraud finding is the most significant thing like fraudsters that are augmenting every day. The intention of this survey has been assaying regarding the issues associated with credit card deception behavior utilizing data-mining methodologies. Data mining has been a clear procedure which takes data like input and also proffers throughput in the models forms or patterns forms. This investigation is very beneficial for any credit card supplier for choosing a suitable solution for their issue and for the researchers for having a comprehensive assessment of the literature in this field.

Dari Idealisme ke Pragmatisme: Pergeseran Paradigma dalam Pengembangan Hukum Ekonomi Syariah di Indonesia

2020 ◽  
Vol 14 (2) ◽  
pp. 191-210
Author(s):  
Addiarrahman Addiarrahman ◽  
Illy Yanti
Keyword(s):  
Focus Group ◽  
Focus Group Discussions ◽  
Group Discussions ◽  
Business World ◽  
Key Informants ◽  
The Public ◽  
Financial Products ◽  
Legal Consideration ◽  
Economic Law ◽  
Islamic Economic

This study seeks to understand the pragmatism of the development of sharia economic law, and its implications for Islamic financial products in Indonesia. The data comes from the results of interviews and focus group discussions with key informants from academics, practitioners, authorities, and the public. This research finds that pragmatism in the development of Islamic economic law is an approach that still dominates the DSN-MUI fatwas. The pragmatism style used is complex-eclectic pragmatism which is represented through makhārij al-fiqhiyyah, which is to choose a mild opinion by sticking to the strongest method or also called "taysīr al-manhajī". The use of this method is intended to ensure that the fatwa is truly able to answer the needs of the business world, as well as being in line with sharia principles. DSN-MUI also does not use maslahah as a legal consideration in a free or liberal way. Rather, it returns maslahah in consideration of the method, so that it is permissible to use the bay’ al-'inān contract only in a forced state (ḍarurah).

REVIVING ECONOMIC THOUGHT BY MANNAN PERPECTIVE

2020 ◽  
Vol 15 (2) ◽  
pp. 353-378
Author(s):  
Muhammad Majdy Amiruddin ◽  
Muhammad Ismail ◽  
Hasanuddin Hasim
Keyword(s):  
Adam Smith ◽  
Main Idea ◽  
Scientific Work ◽  
Economic Thought ◽  
Small Contribution ◽  
Literature Study ◽  
Goods And Services ◽  
Study Techniques ◽  
Islamic Economic ◽  
Modern Era

The reviving of modern economic theory is usually stated starting from the publication of Adam Smith's The Wealth of Natoins, in 1776, although other thinkers who first also gave no small contribution. The main idea put forward by Adam Smith is that competition between various suppliers of goods and buyers will produce the best possibilities in the distribution of goods and services because it will encourage everyoe to do the specialization and increase in capital so that it will produce more value with a permanent workforce. From the Islamic perspective, there are several names that commonly known such, Baqir, Umar Chapra, and Mannan. The purpose of this research is to explore the revival economic though by Abdul Mannan. This research adapts content analysis method, which is a researcher conducts a discussion of the contents of written or edition information in the mass media. The data analysis techniques of this scientific work use literature study techniques, comparative, induction, and deduction. The study began by collecting literature data from Muhammad Abdul Mannan's Concept of Thinking about the Development of Modern Era Islamic economics and Modern Era Islamic Economic concepts in general, (researchers only participated in the discussion). Then proceed with the interpretation that researchers try to understand Muhammad Abdul Mannan's thoughts about the Development of Islamic Economics in the Modern Era. The result of this reseacrh indicates that the revival of Islamic thought by determining basic economic functions that simply cover three functions, namely consumption, production and distribution. Those basics are rooted by Five basic principles rooted in Shariah for basic economic functions in the form of consumption functions are the principles of righteousness, cleanliness, moderation, benefit and morality

GOOD GOVERNANCE, AKUNTANSI PEMERINTAHAN DAN EKONOMI KERAKYATAN

2007 ◽  
Author(s):  
Yuskar Yuskar
Keyword(s):  
Private Sector ◽  
Social Welfare ◽  
Natural Resources ◽  
Good Governance ◽  
Financial Economic ◽  
Strong Impact ◽  
Governance Mechanism ◽  
Literature Study ◽  
The Public ◽  
The Government

Good governance is a ware to create an efficient, effective and accountable government by keeping a balanced interaction well between government, private sector and society role. The implementation of a good governance is aimed to recover the public trust for the government that has been lost for the last several years because of financial, economic and trust crisis further multidimensional crisis. The Misunderstanding concept and unconcerned manner of government in implementing a good governance lately have caused unstability, deviation and injustice for Indonesia society. This paper is a literature study explaining a concept, principles and characteristics of a good governance. Furthermore, it explains the definition, development and utility of an efficient, effective and accountable government in creating a good governance mechanism having a strong impact to the democratic economy and social welfare. It also analyzes the importance of government concern for improving democratic economy suitable with human and natural resources and the culture values of Indonesia.

Legal Origin, Institutional Quality, and Islamic Finance Development: Does Shari’a Matter?

2020 ◽  
Vol 13 (2) ◽  
pp. 345-369
Author(s):  
Rihab Grassa
Keyword(s):  
Financial Development ◽  
Legal System ◽  
Civil Law ◽  
Islamic Finance ◽  
Islamic Banking ◽  
Financial Industry ◽  
Legal Origin ◽  
Muslim Population ◽  
Legal Origins ◽  
Shari'a Law

AbstractPrevious studies on financial development have shown that differences in the legal origin explain differences in financial development. Using historical comparisons and cross-country regressions for 40 countries observed for the period from 2005 to 2018, our research assesses how different legal origins have affected the development of Islamic finance worldwide. More particularly, our research assesses empirically why and how the adoption of Shari’a, wholly or partially (combined with common or civil law), could explain the level of development of Islamic finance in different jurisdictions. Our primary results show that countries adopting a Shari’a legal system have a very well-developed Islamic financial system. Moreover, countries adopting a mixed legal system based on common law and Shari’a law have sufficient flexibility within their legal systems to make changes to their laws in response to the changing socioeconomic conditions, and this has helped the development of the Islamic financial industry. However, countries adopting a mixed legal system based on both civil law and Shari’a law appear less flexible in making changes to their old laws and this thwarted the development of the Islamic financial industry in these countries. Furthermore, we have found that the concentration of a Muslim population (the percentage of Muslim population) along with the level of income have both had a positive effect on the development of Islamic banking assets and on the development of Islamic banking as a whole.

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