JOURNAL OF SHARIA ECONOMICS, 2655-2493 (Print) - 2655-2485 (Online), is a periodical scientific journal managed and published by Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia; and in collaboration with The Indonesian Association of Islamic Economist (IAEI). This journal specializes in the study of economics and Islamic economics. The manager welcomes contributions in the form of articles from scientists, scholars, professionals and researchers related to Islamic economic studies. The article will be published after going through the mechanism of selection of the manuscript, review of free partners, and editing process. All articles published are the views and are the responsibility of the author and do not represent this journal or the author's affiliated body. The Journal of Sharia Economics is published twice a year in June and December.
Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia
Dinamika Sosial Ekonomi Pekerja Sektor Informal Di Kota Jambi: Studi Kasus Pada Kawasan Car Free Day
This study aims to analyze the socioeconomic characteristics of informal sector workers and the factors influencing the income of business owners in the Telanaipura Car Free Day (CFD) area, Jambi City. The study used a quantitative approach with primary data obtained through questionnaires distributed to 96 respondents selected using purposive sampling techniques. Data analysis was conducted descriptively and inferentially using multiple linear regression. The independent variables in this study include digital technology, operational capital, working hours, and business duration, while the dependent variable is business owner income. The results show that simultaneously all independent variables significantly influence the income of informal sector workers. However, partially only operational capital and business duration have a positive and significant effect on income. Digital technology has a positive but insignificant effect, while working hours have a negative and insignificant effect on income. The research findings also indicate that the majority of informal sector workers are of productive age, have varying levels of education, and are dominated by micro-entrepreneurs with limited capital. This study confirms that the increase in income of informal sector workers is more influenced by business capacity and business experience than the use of digital technology or increasing working hours. Therefore, strengthening access to capital and developing business capacity are important strategies in improving the welfare of informal sector workers in urban areas.
informal sector, income, operational capital, digital technology, Car Free Day, Jambi City
Copyright (c) 2026 JOURNAL OF SHARIA ECONOMICS
Penerapan Electronic Traffic Law Enforcement (Etle) Terhadap Tindak Pidana Pelanggaran Lalu Lintas
The development of information technology has driven a transformation in the law enforcement system, including in the field of traffic through the implementation of Electronic Traffic Law Enforcement (ETLE). This study aims to analyze the legal provisions of ETLE and sanctions for traffic violations from a positive legal perspective in Indonesia. The method used is normative juridical with a statutory and conceptual approach. The results show that ETLE has a strong legal basis in the Traffic and Road Transportation Law and the Electronic Information and Transactions Law. However, its implementation has not been optimal due to factors such as public awareness, limited infrastructure, and coordination between institutions. Therefore, strengthening technical regulations, increasing public legal literacy, and developing a more integrated technology-based system are needed.
Integrating Islamic Social Finance and Sustainable Development: A Critical Analysis of Sahal Mahfudh’s Zakat Paradigm
Despite the significant growth of Islamic Social Finance (ISF) globally, zakat management often remains trapped in a legal-formalistic and charity-based paradigm, failing to address the roots of structural poverty. This study critically analyzes the Social Fiqh paradigm of KH. Sahal Mahfudh as a transformative model for integrating zakat into the Sustainable Development Goals (SDGs). Utilizing qualitative library research and a transformative hermeneutics approach, this research decodes Mahfudh’s Madzhab Manhaji methodology to reconstruct the distributive philosophy of zakat. The findings reveal that: (1) Mahfudh initiates an epistemological metamorphosis by redefining zakat from a static ritual into social engineering capital, which legitimizes systemic economic intervention; (2) the model leverages Pesantren-based social capital as a social incubator and non-financial collateral, ensuring the sustainability and accountability of the mustahiq-to-muzakki transition; and (3) the Social Fiqh paradigm serves as an indigenous epistemological bridge that aligns classical jurisprudence with SDG 1 (No Poverty) and SDG 8 (Decent Work) by targeting structural deprivations. This research contributes an indigenous sustainable development model for the global Muslim community, proving that traditional religious authority and social capital are vital for achieving holistic socioeconomic resilience in the 21st century.
Copyright (c) 2025 JOURNAL OF SHARIA ECONOMICS
Tinjauan Yuridis Terhadap Tindak Pidana Penyalahgunaan Narkotika Golongan I Bagi Diri Sendiri (Studi Kasus Putusan Nomor 412/Pid.Sus/2024/PN.Mjk)
Drug abuse is a serious legal and social problem in Indonesia. The distribution and consumption of narcotics not only impact public health but also have complex legal implications in the criminal justice system. This study aims to analyze the application of substantive criminal law to the crime of drug abuse class I for oneself and examine the judge's considerations in handing down a verdict in case Number 412/Pid.Sus/2024/PN.Mjk. The research method used is normative legal research with a statutory approach and a case approach. The data used consists of primary data in the form of court decisions and secondary data in the form of laws and regulations, legal literature, and scientific journals. The results of the study indicate that the application of criminal law to drug abuse for oneself still generates debate between a repressive approach through punishment and a rehabilitative approach. In the decisions analyzed, the judges considered juridical, sociological, and philosophical aspects in handing down a verdict against the defendant. This study concludes that the criminal justice system should prioritize a rehabilitation approach for drug abusers who are proven to be victims of dependence in accordance with the provisions of Law Number 35 of 2009 concerning Narcotics.
narcotics, criminal acts, drug abuse, judge's considerations.
Peran Polri Dalam Penanggulangan Tindak Pidana Pencurian Kendaraan Bermotor Oleh Anak Di Daerah Bangkalan
Motor vehicle theft by children is a criminal phenomenon that causes social unrest and raises legal issues related to child protection. This study aims to analyze the factors causing children to commit motor vehicle theft in the Bangkalan area and examine the role of the Indonesian National Police in combating this crime. This study uses an empirical legal approach with qualitative methods through interviews, observations, and document studies. The results show that economic factors, family disorganization, social environmental influences, low legal education, and weak supervision are the main determinants of child involvement in criminal acts. In the context of countermeasures, the Indonesian National Police implements preventive, repressive, and restorative justice strategies in accordance with Law Number 11 of 2012 concerning the Juvenile Criminal Justice System. Rehabilitative and diversion approaches are the main instruments in maintaining a balance between law enforcement and the protection of children's rights.
Children, Motorcycle Theft, Restorative Justice, Police, Juvenile Criminal Justice System
Peran Investasi, Belanja Modal Dan Pendapatan Asli Daerah (PAD) Terhadap Pertumbuhan Ekonomi Di Provinsi Jambi
This study aims to analyze the influence of investment, capital expenditure, and locally generated revenue (PAD) on economic growth in Jambi Province during the period of 2019–2024. Economic growth is measured through the Gross Regional Domestic Product (GRDP) at constant prices (ADHK) of 2010. The independent variables in this study include investment (domestic and foreign investment), government capital expenditure, and locally generated revenue. This research employs a quantitative approach using panel data analysis combining time series and cross-sectional data from all districts and cities in Jambi Province. The data were obtained from official institutions such as the Central Bureau of Statistics (BPS), the Directorate General of Fiscal Balance (DJPK), and the Investment Coordinating Board (BKPM). Data analysis was conducted using panel data regression methods, involving three model tests: the Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM), along with the Chow, Hausman, and Lagrange Multiplier tests to determine the most appropriate model. The results indicate that investment, capital expenditure, and PAD each have a positive effect on economic growth in Jambi Province, both partially and simultaneously. Increased investment contributes to production capacity expansion and job creation; government capital expenditure supports the provision of public infrastructure and economic efficiency; while PAD enhances the fiscal capacity of local governments to finance sustainable development. Simultaneously, these three variables significantly influence GRDP growth, highlighting the synergy between fiscal policy and investment activities in strengthening Jambi’s economic structure. The findings emphasize the importance of optimizing public and private investment, improving the effectiveness of capital expenditure, and enhancing local fiscal independence to support inclusive and sustainable economic growth.
Investment, Capital Expenditure, Locally Generated Revenue (PAD), Economic Growth, Panel Data, Jambi Province.
Kondisi Sosial Ekonomi Pekerja Sektor Informal Pada Kawasan Car Free Day Di Kota Jambi
This study aims to analyze the social and economic characteristics of workers, as well as examine the factors that influence the income and performance of informal sector workers in the Car Free Day (CFD) area of ​​Jambi City. The informal sector in the CFD has been proven to provide flexible employment for the community. Data were collected through questionnaires from 96 respondents and processed using descriptive statistics and Multiple Linear Regression. Descriptive results show that the worker profile is dominated by women (57.30%), having a final education level of high school (64.60%), and evenly distributed across all age groups. These characteristics indicate that the informal CFD sector is a major support for female workers and individuals with secondary education. Furthermore, the results of the inferential analysis indicate that business capital, working hours, and the number of family members have a significant influence on workers' income. These findings recommend the need for local government interventions focused on business management training and increasing access to capital to optimize the economic welfare of informal sector workers.
Business Capital, Informal Sector Workers, Employment Opportunities, Jambi City, Working Hours.
Strategi Pengembangan Hutan Rakyat Berbasis Tanaman Karet (Hevea Brasiliensis) Di Kabupaten Tebo
Rubber-based community forest management in Tebo Regency offers opportunities to improve farmer welfare while maintaining environmental function and resource sustainability. This article analyzes the existing conditions, obstacles, and strategies for rubber-based community forest development, and recommends a framework for strengthening this sector in Tebo Regency.The study reveals that smallholder rubber productivity is low, many plantations are aging, the quality of processed materials is poor, and land conversion to other commodities (e.g., oil palm) poses a threat to sustainability. Therefore, integrated technological, institutional, market, and policy interventions are needed.
Community Forest, Hevea brasiliensis, community rubber, agroforestry, Tebo Regency, development strategy.
Determinan Pengembangan Industri Kecil Dan Menengah Dan Strategi Pengembangannya Di Kabupaten Sarolangun Provinsi Jambi
This study analyzes the determinants of Small and Medium Industries (SMIs) development and formulates development strategies in Sarolangun Regency, Jambi Province, Indonesia. A quantitative descriptive approach was employed, combining multiple linear regression and quantitative SWOT analysis. The independent variables are business capital (X₁), human resource quality (X₂), production technology (X₃), market access (X₄), government support (X₅), and business partnerships (X₆), with SMI development (Y) as the dependent variable. The results show that all six determinants have positive and statistically significant effects on SMI development (p < 0.05), with business capital and government support emerging as the dominant factors. The SWOT mapping positions Sarolangun’s SMIs in Quadrant I (aggressive), indicating an emphasis on leveraging internal strengths to capture external opportunities. Recommended priority strategies include expanding access to finance, strengthening human capital, modernizing production technology, broadening market networks and information, optimizing local policies and services, and reinforcing cross-sector partnerships
Small and medium industries; business capital; human resources; production technology; market access; government support; partnerships; SWOT; Jambi, Indonesia
Paradoks Kebahagiaan Dalam Pembangunan: Studi Regresi Data Panel Faktor Ekonomi dan Kesehatan di Negara-Negara Asia Timur
This study aims to analyze the development of factors affecting the level of happiness in East Asian countries, namely Economic Growth, Unemployment, Education (Average Years of Schooling), Per Capita Income, and Health (Life Expectancy). The study employs descriptive analysis and panel data regression using the Fixed Effect Model (FEM) with secondary data from six East Asian countries Taiwan, Japan, South Korea, China, Mongolia, and Hongk ong covering the period 2014–2023. The results show that Economic Growth and Unemployment have a positive but insignificant effect on the Happiness Index, Education has a negative and significant effect, Per Capita Income has a positive and significant effect, while Health has a positive but insignificant effect. Based on the individual effects, Taiwan has the highest level of happiness, while Hongkong has the lowest due to high social and political pressures. Overall, development in East Asia has not yet fully improved happiness evenly across countries, indicating the need for policies focusing on social welfare and quality of life.
Happiness Index; Economic Growth; Unemployment; Education; Per Capita Income; Life Expectancy; East Asia
Prediksi Kemiskinan Ekstrem di Provinsi Jambi Berbasis Data Mikro SUSENAS: Perbandingan Regresi Logistik, Random Forest, dan XGBoost serta Analisis Determinan
Extreme poverty is the most severe form of poverty, characterized by a household's inability to meet basic needs and tends to persist despite ongoing social program interventions. In Jambi Province, poverty trends are fluctuating and influenced by macroeconomic dynamics and the agricultural sector; while extreme poverty indicators show an aggregate decline, inequality remains between districts/cities. This study aims to: (1) analyze socioeconomic factors influencing the extreme poverty status of households in Jambi Province, (2) compare the performance of prediction models using econometric approaches (logistic regression) and machine learning (Random Forest and XGBoost), and (3) examine differences in the determinants of extreme poverty between agricultural and non-agricultural households. The data used are SUSENAS microdata for the 2020–2024 period using a pooling approach (cross-section and time series) for all districts/cities in Jambi Province. Extreme poverty status is defined based on the international threshold of USD 2.15 PPP or national adjustment (TNP2K) in the relevant year. Modeling was performed by dividing the training data into 80% and 20% test data, conducting feature selection, model training, and hyperparameter tuning, as well as evaluation based on the confusion matrix and AUC–ROC. In addition to performance evaluation, this study emphasized sectoral comparative analysis by training the model separately on agricultural and non-agricultural subsamples to identify dominant determinants that are both universal and sector-specific.
Extreme poverty; logistic regression; random forest; XGBoost; AUC–ROC; sectoral determinants
Pengaruh Dana Alokasi Umum (DAU), Dana Alokasi Khusus (DAK), Dan Pendapatan Asli Daerah (PAD) Terhadap Indeks Pembangunan Manusia (IPM) Di Kabupaten Tebo Provinsi Jambi Tahun 2020–2024
This study aims to analyze the effect of the General Allocation Fund (DAU), the Special Allocation Fund (DAK), and Local Own-Source Revenue (PAD) on the Human Development Index (HDI) in Tebo Regency, Jambi Province, during the 2020–2024 period. A quantitative method was applied using Structural Equation Modeling (SEM) based on Partial Least Squares (PLS) analysis.Data were collected from the Central Bureau of Statistics (BPS) and the Regional Financial and Asset Management Agency (BPKAD) of Tebo Regency. The results reveal that DAU, DAK, and PAD each have a positive and significant effect on HDI, with PAD being the most dominant variable. The coefficient of determination (R²) of 0.93 indicates that 93% of HDI variation can be explained by these three fiscal variables.This finding highlights the crucial role of effective fiscal governance and regional fiscal independence in promoting human development. Policy implications include performance-based budgeting, optimization of PAD potential, and prioritization of DAU and DAK allocation to education and health sectors
General Allocation Fund, Special Allocation Fund, Local Own-Source Revenue, Human Development Index, Structural Equation Modeling
Pendapatan Pinang di Kabupaten Tanjung Jabung Barat
Pinang Batara, is the first superior variety of areca nut in Indonesia, which was released and inaugurated by the Minister of Agriculture through the Decree of the Minister of Agriculture Number: 199 / Kpts / SR.120 / 1/2013. The demand for seeds continues to increase, coming from several provinces and even from abroad. This momentum is utilized by several farmers to run the Pinang Batara nursery business, This study aims to provide an overview of: Profile, Nursery Business, and profits obtained by breeders from the Pinang Batara nursery business activities. The data used are primary data, secondary data and other relevant information. Period 2019-2024. The data analysis method used in this study is descriptive research analysis and quantitative analysis. The type of data used is quantitative data.
Mengukur Ketimpangan Pembangunan Wilayah Antarprovinsi di Pulau Sumatra dan Jawa
This study aims to (1) analyse the level of development inequality between provinces in Sumatra and Java. The study uses secondary data obtained from Statistics Indonesia. The results show that North Sumatra, South Sumatra, and Riau Islands are classified as having high inequality, while Aceh, Riau, Jambi, and Bengkulu are classified as having moderate inequality, and West Sumatra, Lampung, and Bangka Belitung Islands are classified as having low inequality. In general, inequality on the island of Sumatra is classified as moderate, while on the island of Java it is classified as high due to economic concentration in industrial areas such as Jakarta and East Java
Pengaruh Faktor Persepsi dan Sikap Terhadap Minat Masyarakat Sungai Binjai Menjadi Peserta BPJS-K Mandiri Dalam Perspektif Ekonomi Syariah
Interest refers to an internal drive within an individual that arises from a desire to choose a product, based on personal experience, a tendency to consume, or the intention to own the product. This interest does not emerge suddenly but is influenced by various factors, including perception and attitude, which play a crucial role in shaping a person's attraction toward a product. This study aims to examine the extent to which perception and attitude influence the interest of the community in Sungai Binjai to become independent BPJS (National Health Insurance) participants. The research employs a quantitative approach, with data analysis including validity and reliability tests, as well as hypothesis testing using t-test, F-test, and coefficient of determination (R²). The data analysis technique used is multiple linear regression. The results indicate that, based on the t-test, the perception variable (X1) does not have a significant effect on the community's interest in becoming independent BPJS participants. In contrast, the attitude variable (X2) shows a significant effect. The F-test result reveals a significance value of 0.008, which is lower than the 0.05 threshold, indicating that both perception and attitude simultaneously influence interest. However, the contribution of these two variables to interest is only 8.20%, while the remaining 91.80% is influenced by other factors not examined in this study.
Perception Factor, Attitude Factor and Interest
Penegakan Hukum Terhadap Pelanggaran Kode Etik Yang Dilakukan Oleh Oknum Polisi
Law enforcement against law enforcement officers is a primary prerequisite for the realization of a democratic state based on the rule of law. This article aims to analyze in-depth the law enforcement mechanism against ethical code violations and criminal acts committed by members of the Indonesian National Police (Polri) and to identify the obstacles that affect its effectiveness. This research uses a normative juridical method with a statutory, conceptual, and comparative approach. The results of the study indicate that law enforcement against police officers is carried out through two main channels: criminal justice and the Indonesian National Police Professional Code of Ethics Commission hearings. Although an adequate normative framework is in place, its implementation still faces structural, cultural, and institutional obstacles, such as conflicts of interest, weak internal oversight, and low public participation. Therefore, strengthening the oversight system, transparency of the law enforcement process, and reform of the internal legal culture of the Indonesian National Police are necessary.
law enforcement, professional code of ethics, police officers, criminal acts
Transformasi Zakat Digital dan Peran BAZNAZ dalam Penguatan Ekonomi Umat di Indonesia
Zakat is an Islamic economic instrument that has strategic potential in supporting poverty alleviation and strengthening the economic empowerment of the ummah. In Indonesia, the significant potential of zakat has not yet been fully optimized to promote inclusive and sustainable economic development. This study aims to analyze the transformation of zakat management in Indonesia and its role in strengthening the community’s economy from the perspective of Islamic economics. This research employs a qualitative approach using a literature review and document analysis of zakat regulations, reports from zakat management institutions, and relevant academic literature. The results show that the transformation of zakat management through institutional strengthening, digitalization, and integration with economic empowerment programs has improved the effectiveness of zakat distribution. However, efforts to optimize the role of zakat still face structural, regulatory, and coordination challenges among stakeholders. This study emphasizes the importance of applying the maqashid al-shariah approach in zakat management so that zakat functions not only as a charitable instrument but also as a productive and sustainable one. Keywords: zakat, Islamic economics, community economy, maqashid al-shariah, Indonesia.
Pengaruh Kualitas Pelayanan Model Carter Terhadap Kepuasan Nasabah Bank BTPN Syariah Area Kota Jambi
This study aims to determine the effect of CARTER dimensions in service quality on the level of customer satisfaction of Bank BTPN Syariah in the Jambi City area. This study uses a quantitative research method with data collection through questionnaires. The sample studied was 100 customers. In analyzing the data, the author used multiple linear regression analysis using the SPSS version 27 program.The results of the analysis obtained from this study indicate that Compliance has a positive and significant effect on customer satisfaction. Seen from the t test with a significance of <0.001 from <0.05, with a calculated t value of 4.430. Assurance has a positive and significant effect on customer satisfaction. Seen from the t test with a significance of 0.006 <0.05, with a calculated t value of 2.800. Reliability has a positive and significant effect on customer satisfaction. Seen from the t test with a significance of 0.043 <0.05, with a calculated t value of 2.051. Tangible Evidence has a positive and significant effect on customer satisfaction. Seen from the t-test with a significance of <0.001 from <0.05, with a calculated t value of 3.756. Empathy has a positive and significant effect on customer satisfaction. Seen from the t-test with a significance of <0.001 from <0.05, with a calculated t value of 3.432. Responsiveness has a positive and significant effect on customer satisfaction. Seen from the t-test with a significance of <0.001 from <0.05, with a calculated t value of 3.959. The responsiveness variable has a greater dominant influence on customer satisfaction and the variable that is not dominant is the reliability variable.
Service Quality, CARTER Model, Customer Satisfaction
Pengaruh Tingkat Kesehatan Bank dengan Metode RGEC terhadap Corporate Social Responsibility (Studi pada Bank Umum Syariah di Indonesia) Tahun 2019 - 2024
This study aims to analyze the influence of bank soundness using the Risk Profile, Good Corporate Governance (GCG), Earnings, and Capital (RGEC) methods on Corporate Social Responsibility (CSR) disclosure in Islamic Commercial Banks in Indonesia for the period 2019–2024. Bank soundness is measured through the Non-Performing Financing (NPF) ratio, Return on Assets (ROA), Capital Adequacy Ratio (CAR), and GCG assessment results. Research data were obtained from annual reports, sustainability reports, and official publications of the Financial Services Authority (OJK). The research method used is a quantitative approach with multiple linear regression analysis through classical assumption tests and hypothesis testing. The results show that NPF has a significant negative effect on CSR disclosure, while ROA has a significant positive effect. Meanwhile, GCG and CAR do not have a significant effect on CSR disclosure. This finding indicates that risk and profitability factors are the main determinants of CSR disclosure, while governance and capital aspects have not contributed significantly. This research is expected to enrich the literature on the relationship between bank health and CSR in the Islamic banking sector, as well as serve as a reference for banks in optimizing the implementation of CSR in a sustainable manner.
RGEC, Corporate Social Responsibility, Islamic Commercial Banks
Peran Ekonomi Syariah dalam Mendukung Sustainable Development Goals (SDGs)
Sustainable development is a global agenda that demands a development approach oriented not only toward economic growth but also toward social justice and environmental sustainability. The Sustainable Development Goals (SDGs) serve as a comprehensive development framework emphasizing a balance between economic, social, and environmental aspects. In this context, Islamic economics is viewed as an alternative economic system whose values ​​align with the principles of sustainable development. This study aims to analyze the role of Islamic economics in supporting the achievement of the SDGs. The research employed a qualitative approach using a literature review method, including national and international journals from 2021–2025 and official institutional reports. The study's findings indicate that Islamic economics contributes to the achievement of the SDGs through commercial Islamic finance and Islamic social finance. Instruments such as Islamic banking, zakat, and waqf play a role in poverty alleviation, inequality reduction, and increased financial inclusion. However, this contribution is still suboptimal due to limited literacy, product innovation, and policy synergy. This study concludes that strengthening the Islamic economic ecosystem has the potential to increase its contribution to sustainable development in Indonesia
Sharia Economics, SDGs, Sustainable Development, Islamic Social Finance
Pengaruh Financial Stability Perusahaan dan Ineffective Monitoring terhadap Keefektivitasan Pengawasan Fraudulent Financial Reporting
This study aims to provide a comprehensive understanding of the influence of financial stability and ineffective monitoring on fraudulent financial reporting. Employing a Systematic Literature Review (SLR) method, this study examines 55 national journal articles published between 2021 and 2025, evaluated based on methodological accuracy, relevance, and their contribution to the topic of fraudulent financial reporting. The results identify several influencing factors, notably financial stability, which appeared 18 times, and ineffective monitoring, which appeared 15 times in the reviewed literature. The analysis concludes that financial stability consistently influences the occurrence of reporting fraud; when a company's financial condition is threatened by economic or industrial factors, management is prone to manipulating financial statements to conceal poor performance. Meanwhile, ineffective monitoring provides opportunities for management to commit fraud, particularly regarding the supervisory function when the board or audit committee does not operate substantively.
Fraudulent Financial Reporting, Fraud Pentagon, Financial Stability, Ineffective Monitoring, Systematic Literature Review
ANALISIS PENETAPAN UJRAH BARANG GADAI DITINJAU DARI FATWA DSN-MUI
His research aims to explain the analysis of the determination of ujrah for pawned goods in terms of the DSN-MUI fatwa at Sharia Pawnshops. This research uses a qualitative research type with a descriptive method through interviews, observation, and documentation. The data collection was conducted using the interview method with the head of the Sharia Pawnshop and documentation from the Sharia Pawnshop, while for secondary data the researcher used documents, journals, regulations, books, and scientific works related to Rahn's theory. The National Sharia Council and the Indonesian Ulema Council on June 26, 2002, issued a fatwa Number: 25/DSN-MUI/III/2002. In the fatwa it is stated that: The amount of maintenance and storage costs for Marhun cannot be determined based on the loan amount. Meanwhile, in practice, the rental fees charged to customers will be different if the customer's loan amount is below the maximum loan value. While in practice the rental fee charged to customers will be different if the customer's loan amount is below the maximum loan value. The results of the study indicate that the calculation of ijarah fees applied by Perum Sharia Pawnshop is in accordance with DSN Fatwa Number: 25 / DSN-MUI / III / 2002, the calculation of ijarah is not based on the amount of the customer's loan but on the value of the collateral itself. Ijarah fee = Estimated value / Rp. 10,000 x Rate x Number of loan days / 10 days - (Original Ijarah x Ijarah Discount Percentage). And what differentiates the size of the discount is the size of the risk that the Islamic pawnshop will accept, if the risk is higher then the discount given will be smaller, and vice versa if the risk that the Islamic pawnshop will accept is higher then the discount given will be bigger.
Keywords: Determination of Ujrah, Rahn, DSN-MUI Fatwa, Sharia Pawnshop
Pengaruh Promo Flash Sale, Voucher Diskon Belanja, Dan Brand Image Pada E-Commerce Shopee Terhadap Perilaku Konsumtif Pada Masyarakat Di Kota Jambi Dalam Perspektif Ekonomi Islam
This study aims to analyze the influence of Flash Sale promotions, Shopping Discount Vouchers, and Brand Image on the consumptive behavior of Generation X in Shopee e-commerce in Jambi City from the perspective of Islamic Economics. The research employs a quantitative method with the Structural Equation Modeling–Partial Least Square (SEM-PLS) approach. Data were collected through questionnaires distributed to respondents categorized as Generation X in Jambi City. The results show that all three variables have a positive and significant effect, both partially and simultaneously, on consumptive behavior. Shopee’s digital marketing strategies effectively increase the consumptive tendencies of Generation X, who are generally known to be selective in shopping. From the Islamic Economics perspective, excessive consumptive behavior falls under israf (extravagance) and tabdzir (wastefulness), which contradict the principle of wasathiyah (moderation). Therefore, Muslim consumers should control their spending behavior by instilling the values of al-qana’ah (contentment) and al- iqtisad (simplicity), and direct their expenditures toward productive activities such as investment, saving, and ZISWAF (Zakat, Infaq, Sadaqah, and Waqf).
Flash Sale Promotion, Discount Vouchers, Brand Image, Consumptive Behavior, Islamic Economics.
Rekonstruksi Legitimasi Koperasi: Krisis Identitas Koperasi Desa Merah Putih
This study critically evaluates the legitimacy and cooperative identity of the Koperasi Desa Merah Putih (Kopdes MP), a state-initiated cooperative program mandated by Presidential Instruction No. 9 of 2025. Despite its wide-scale implementation, concerns persist regarding its alignment with international cooperative principles. Using a Systematic Literature Review (SLR) method and Levi's (1994) typology framework, this research examines whether Kopdes MP reflects genuine cooperative characteristics or functions as a pseudo cooperative. Findings indicate that while Kopdes MP fulfills legal formalities, it often lacks voluntary membership, democratic governance, member economic participation, and educational engagement—core cooperative principles defined by the International Cooperative Alliance (ICA). The study reveals that Kopdes MP occupies a structural space between pseudo and self-centered cooperatives, driven by top-down policies rather than community initiative. It concludes by proposing a diagnostic framework to assess cooperative authenticity, offering theoretical and policy contributions to the field of cooperative development in Indonesia and beyond. Keywords: cooperative identity, pseudo cooperative, Kopdes Merah Putih, Levi typology, cooperative governance, state-driven cooperatives
Transformasi Digital dalam Akuntansi: Dampak Teknologi Blockchain terhadap Transparansi dan Keamanan Laporan Keuangan
The rapid development of digital technology has transformed the accounting field, encouraging organizations to adopt systems that ensure higher levels of transparency, security, and reliability in financial reporting. Blockchain has emerged as one of the most influential technologies due to its decentralized architecture and immutable ledger. This study aims to synthesize current research findings regarding the impact of blockchain technology on the transparency and security of financial statements through a Systematic Literature Review (SLR) approach. The results of this study show that blockchain, enhances the accountability of financial information by providing permanent, traceable, and encrypted transaction records that reduce fraud risk and human error. In addition, blockchain strengthens data security through cryptographic validation and distributed storage mechanisms that protect financial information from manipulation and unauthorized access. However, the literature also highlights several implementation challenges, including regulatory uncertainty, limited organizational readiness, low digital literacy, and scalability issues. Overall, this study concludes that blockchain presents significant opportunities to improve the quality, trustworthiness, and resilience of financial reporting systems, although effective implementation requires adequate regulatory support, human resource development, and technological infrastructure.
blockchain, financial reporting, transparency, security, accounting information systems, digital transformation
Peran Artificial Intelligence dan Good Corporate Governance terhadap Manipulasi Laba di Era Digital
Earnings manipulation remains a major issue in financial reporting as it can reduce information quality and mislead stakeholders. The development of the digital era has encouraged the utilization of Artificial Intelligence (AI) and the implementation of Good Corporate Governance (GCG) as strategic mechanisms to minimize earnings manipulation practices. This study aims to examine the role of Artificial Intelligence and Good Corporate Governance in mitigating earnings manipulation in the digital era. The research employs a Systematic Literature Review (SLR) method by analyzing 21 national and international journal articles published between 2020 and 2026. The findings indicate that the implementation of Artificial Intelligence can enhance the quality of financial statements through anomaly detection, real-time data analysis, and the identification of patterns that are not detectable using traditional methods. Good Corporate Governance, through mechanisms such as independent boards of commissioners, audit committees, institutional ownership, managerial ownership, and audit quality, plays a significant role in strengthening oversight and limiting managerial discretion in engaging in earnings manipulation. Overall, the results suggest that Artificial Intelligence and Good Corporate Governance constitute effective approaches to improving transparency, integrity, and credibility of corporate financial reporting in the digital era.
Artificial Intelligence, Good Corporate Governance, Earnings Manipulation, Digital Accounting.
Pengaruh Digitalisasi Keuangan Syariah Terhadap Inklusi Keuangan UMKM di Indonesia
The digitalization of Islamic finance is growing rapidly in line with the increasing demand for inclusive, efficient, and sharia-compliant financial services. Micro, Small, and Medium Enterprises (MSMEs), as the backbone of the national economy, still face limited access to formal financial services. This study aims to analyze the impact of the digitalization of Islamic finance on the financial inclusion of MSMEs in Indonesia. The research method used a quantitative approach with a survey of MSMEs using digital Islamic financial services. Data were analyzed through validity, reliability, and linear regression tests. The results show that the digitalization of Islamic finance has a positive and significant impact on the financial inclusion of MSMEs. This finding indicates that the digitalization of Islamic finance contributes to the achievement of the maqasid sharia through increasing economic welfare.
Digitalization of Islamic Finance, Financial Inclusion, MSMEs
Analisis Determinan Kecurangan Pajak Berdasarkan Perspektif Fraud Hexagon dengan Moral Pajak sebagai Variabel Moderasi
This study analyzes the determinants of tax fraud through the perspective of Fraud Hexagon with tax morality as a moderation variable, using a systematic literature review (SLR) of 51 scientific articles published in SINTA 1-5 indexed journals from 2020 to 2025. Fraud Hexagon, which consists of six main elements namely stimulus, opportunity, rationalization, capability, arrogance, and collusion, is identified as the main predictor of tax fraud, where these elements facilitate tax avoidance practices through manipulation of financial statements. Tax morality acts as a psychological moderation that can weaken the relationship between Fraud Hexagon and tax fraud, with mechanisms such as money ethics, religiosity, and trust in tax authorities. The findings show that stimulus and opportunity are the most dominant elements in encouraging tax evasion, while high tax morale can intervene in these risks through increased voluntary compliance. Practical implications include policy recommendations to strengthen oversight of the tax system and taxpayer ethics education to reduce state losses due to tax fraud. This study contributes to the tax literature with an integrative model that combines corporate fraud theory and morality aspects, and suggests longitudinal empirical research for further validation in the Indonesian context.
Fraud Hexagon, Tax Morale, Tax Fraud, Tax Compliance, Ethics
Pengaruh Persepsi Kemudahan, Persepsi Manfaat dan Keamanan Terhadap Minat Menggunakan E-Wallet dalam Perspektif Ekonomi Islam (Studi Pada Mahasiswa Ekonomi Islam Universitas Jambi)
This study examines the influence of Perceived Ease of Use, Perceived Usefulness, and Security on the Interest in Using E-Wallets from an Islamic Economics perspective. The research employs a descriptive quantitative approach, with the population consisting of undergraduate students from the Islamic Economics Study Program at Jambi University, cohorts 2021–2023. The sampling method used is simple random sampling, resulting in a total sample of 204 respondents. Data analysis was conducted using multiple linear regression with the SPSS 26 application. The results indicate that, partially, Perceived Ease of Use and Perceived Usefulness have a positive but not significant effect on the Interest in Using E-Wallets, whereas Security has a positive and significant effect. Simultaneously, the three independent variables have a significant effect on the Interest in Using E-Wallets.
Perceived Ease of Use, Perceived Usefulness, Security, Intention to Use.
Menilai Dampak Penyaluran Likuiditas Pemerintah Tahun 2025 terhadap Stabilitas dan Keadilan Ekonomi:Perspektif Maqāṣid al-Syarī‘ah
This study evaluates the effectiveness of Indonesia’s 2025 liquidity injection of IDR 200 trillion into state-owned banks (Himbara) through the lens of Islamic economics and maqāṣid al-syarī‘ah. Using a qualitative–descriptive method based on library research, the study examines whether the policy has succeeded in promoting productive financial intermediation, economic stability, and just liquidity distribution. Data were drawn from Bank Indonesia, the Ministry of Finance, the Financial Services Authority (OJK), and peer-reviewed publications indexed in SINTA and Scopus.Findings reveal that as of October 2025, 84% of the injected funds had been disbursed, but only 18–22% were channeled to SMEs, far below the 37% allocation during the 2020 PEN stimulus. Moreover, 30–40% of the liquidity was placed in money market instruments and government securities rather than real-sector financing. Credit growth slowed from 7.7% (September) to 7.36% (October 2025), indicating weak transmission and raising concerns about moral hazard when liquidity strengthens bank reserves without productive allocation. Thus, integrating the liquidity program with productive financing schemes, Islamic financial inclusion, and robust Sharia governance is essential to align the policy with maqāṣid al-syarī‘ah.
liquidity policy, state-owned banks, maqāṣid al-syarī‘ah, Islamic finance, SMEs, financial intermediation