Pub Date : 2023-08-28DOI: 10.21111/jiep.v6i3.10286
Iman Supriadi, Rahma Ulfa Maghfiroh, Oktaviani Permatasari
The Islamic Capital Market (ICM) is a Sharia-compliant capital market where transactions are conducted fairly and without involving elements of usury, speculation, or gharar. This market has been rapidly growing in various countries, including Indonesia. However, it still needs challenges, such as the limited understanding of Islamic investment products among the public and restricted regulations. This research aims to provide a deeper understanding of the concept and development of the Islamic capital market in Indonesia and other countries and the challenges in its development. It also seeks to identify the benefits of Islamic investment for the economy, thereby helping to improve literacy and participation in the Islamic capital market. The research methodology used is a literature review with descriptive-qualitative data analysis techniques. Scientific literature related to the ICM concept, the development of Islamic capital markets in Indonesia and other countries, and the challenges in ICM development were used as data sources. The findings indicate that the Islamic capital market has significant potential for growth and serves as an alternative for investors seeking Sharia compliant investments. However, efforts are needed to enhance education and literacy about the Islamic capital market among the public and improve and refine regulations.
{"title":"Meningkatkan Ekonomi Berkeadilan: Solusi Pasar Modal Syariah di Indonesia","authors":"Iman Supriadi, Rahma Ulfa Maghfiroh, Oktaviani Permatasari","doi":"10.21111/jiep.v6i3.10286","DOIUrl":"https://doi.org/10.21111/jiep.v6i3.10286","url":null,"abstract":"The Islamic Capital Market (ICM) is a Sharia-compliant capital market where transactions are conducted fairly and without involving elements of usury, speculation, or gharar. This market has been rapidly growing in various countries, including Indonesia. However, it still needs challenges, such as the limited understanding of Islamic investment products among the public and restricted regulations. This research aims to provide a deeper understanding of the concept and development of the Islamic capital market in Indonesia and other countries and the challenges in its development. It also seeks to identify the benefits of Islamic investment for the economy, thereby helping to improve literacy and participation in the Islamic capital market. The research methodology used is a literature review with descriptive-qualitative data analysis techniques. Scientific literature related to the ICM concept, the development of Islamic capital markets in Indonesia and other countries, and the challenges in ICM development were used as data sources. The findings indicate that the Islamic capital market has significant potential for growth and serves as an alternative for investors seeking Sharia compliant investments. However, efforts are needed to enhance education and literacy about the Islamic capital market among the public and improve and refine regulations.","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"228 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132540104","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-28DOI: 10.21111/jiep.v6i1.10673
Mamadou Salieu Jallow
200 Previous studies focused on Bank internal factors in analysing the financial performance of Islamic banks. In this paper, we examine the performance of Islamic Banks in Indonesia by using key macroeconomics and bank internal variables as well as including covid-19 as a dummy variable from 2010 to 2021. The study used secondary data collected from World Bank database and Islamic banks annual financial reports. An Econometrics models such as VAR, unit root test and Johansen cointegration test were employed in the estimation process in which ROA was used as a proxy to measure the performance of Islamic Bank whereas Eight variables such as GDP, BOPO, CAR, FDR, NPF, Trade, Inflation, and Covid-19 were used in determining the performance of Islamic Banks in Indonesia. The findings indicate that, the lagged values of Gross Domestic Product (GDP), BOPO, CAR, FDR trade and Covid-19 all have a positive relationship with ROA. In the other hand, the lagged variable of Non-performing Financing (NPF) shows a negative and statistically insignificant relationship with ROA. Consequently, the study recommends that government should introduce expansionary fiscal policy to stimulate economic growth thereby enhancing Islamic banks performance. From this results, management of Islamic banks and those in academia can use it in understanding the macroeconomic and bank internal factors that impact the financial performance of Islamic banking. However, this paper could not examine other variables like digital index, taxation and banks governance structure in determining the financial performance of Islamic banks in Indonesia.
{"title":"The Impact of Macroeconomics Variables and Bank Internal Factors on Islamic Banking Performance During Covid-19 in Indonesia","authors":"Mamadou Salieu Jallow","doi":"10.21111/jiep.v6i1.10673","DOIUrl":"https://doi.org/10.21111/jiep.v6i1.10673","url":null,"abstract":"\u0000 \u0000 \u0000200 \u0000 \u0000 \u0000Previous studies focused on Bank internal factors in analysing the financial performance of Islamic banks. In this paper, we examine the performance of Islamic Banks in Indonesia by using key macroeconomics and bank internal variables as well as including covid-19 as a dummy variable from 2010 to 2021. The study used secondary data collected from World Bank database and Islamic banks annual financial reports. An Econometrics models such as VAR, unit root test and Johansen cointegration test were employed in the estimation process in which ROA was used as a proxy to measure the performance of Islamic Bank whereas Eight variables such as GDP, BOPO, CAR, FDR, NPF, Trade, Inflation, and Covid-19 were used in determining the performance of Islamic Banks in Indonesia. The findings indicate that, the lagged values of Gross Domestic Product (GDP), BOPO, CAR, FDR trade and Covid-19 all have a positive relationship with ROA. In the other hand, the lagged variable of Non-performing Financing (NPF) shows a negative and statistically insignificant relationship with ROA. Consequently, the study recommends that government should introduce expansionary fiscal policy to stimulate economic growth thereby enhancing Islamic banks performance. From this results, management of Islamic banks and those in academia can use it in understanding the macroeconomic and bank internal factors that impact the financial performance of Islamic banking. However, this paper could not examine other variables like digital index, taxation and banks governance structure in determining the financial performance of Islamic banks in Indonesia. \u0000 \u0000 \u0000","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129630288","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-28DOI: 10.21111/jiep.v6i3.10092
I. Hamadou
The main objective of this paper is to assess the impact of digital technologies on the entrepreneurial output of Muslim women in Indonesia. Using a questionnaire, we collected data from Muslim women entrepreneurs involved in digital entrepreneurship in Depok city. We applied multiple linear regression to analyze the data. We found that the use of e-commerce platforms and internet services affects positively the entrepreneurship growth of Muslim women in Indonesia. However, online payments have been found non-significant because of awareness of risk and security towards online payment system. One of the limitations of this research is the size of the sample. Obtaining data from Muslim women entrepreneurs was very difficult. Again, the case under study is limited to one country. Therefore, it is recommended for future research to use a large sample size and include more countries. Indonesian government should implement tax reduction policies in order to improve the growing sector of Muslim women entrepreneurs, which can help them to become empowered in society.
{"title":"Do Digital Technologies Support Entrepreneurship Growth? Evidence from Indonesian Muslim Women in Depok City","authors":"I. Hamadou","doi":"10.21111/jiep.v6i3.10092","DOIUrl":"https://doi.org/10.21111/jiep.v6i3.10092","url":null,"abstract":"The main objective of this paper is to assess the impact of digital technologies on the entrepreneurial output of Muslim women in Indonesia. Using a questionnaire, we collected data from Muslim women entrepreneurs involved in digital entrepreneurship in Depok city. We applied multiple linear regression to analyze the data. We found that the use of e-commerce platforms and internet services affects positively the entrepreneurship growth of Muslim women in Indonesia. However, online payments have been found non-significant because of awareness of risk and security towards online payment system. One of the limitations of this research is the size of the sample. Obtaining data from Muslim women entrepreneurs was very difficult. Again, the case under study is limited to one country. Therefore, it is recommended for future research to use a large sample size and include more countries. Indonesian government should implement tax reduction policies in order to improve the growing sector of Muslim women entrepreneurs, which can help them to become empowered in society.","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"167 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121804162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this study was to examine the influence of Marketing Mix, Product, Price, Promotion and Place on Purchase Decisions at Shopee. This study uses a sample of residents of Solo Raya. The sample was selected using the non-probability sampling method, totaling 200 respondents by distributing questionnaires online using the Google Form. using a questionnaire method with a Likert scale. The analysis technique used is multiple linear regression assisted by the SPSS version 22.0 program. The results obtained in this study are that the product and price have a positive and insignificant effect on purchasing decisions at the shopee for residents in Solo Raya, while the place and promotion have a positive and significant effect on purchasing decisions at the shopee for residents of Solo Raya. Other results show that the purchase decision variable is influenced by the independent variable of 76.7% and the remaining 23.3% is influenced by variables outside the model
{"title":"Faktor di Balik Belanja Shopee: Mengungkap Kekuatan yang Mendorong Keputusan Pembelian","authors":"Muhammad Rexsa Assyarofi, Muhammad Nurul Kholifah","doi":"10.21111/jiep.v6i3.9939","DOIUrl":"https://doi.org/10.21111/jiep.v6i3.9939","url":null,"abstract":"The purpose of this study was to examine the influence of Marketing Mix, Product, Price, Promotion and Place on Purchase Decisions at Shopee. This study uses a sample of residents of Solo Raya. The sample was selected using the non-probability sampling method, totaling 200 respondents by distributing questionnaires online using the Google Form. using a questionnaire method with a Likert scale. The analysis technique used is multiple linear regression assisted by the SPSS version 22.0 program. The results obtained in this study are that the product and price have a positive and insignificant effect on purchasing decisions at the shopee for residents in Solo Raya, while the place and promotion have a positive and significant effect on purchasing decisions at the shopee for residents of Solo Raya. Other results show that the purchase decision variable is influenced by the independent variable of 76.7% and the remaining 23.3% is influenced by variables outside the model","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114199574","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-28DOI: 10.21111/jiep.v6i3.10277
Ainul Fatha, Mohamad Syahreza Pahlevi
Zakat is an important instrument in Islamic philanthropy that can be beneficial in socio-economic terms. The purpose of this study is to analyze the development of the collection and distribution of zakat funds at zakat institutions in Indonesia. This research uses a quantitative method using horizontal analysis. The results of the study show that the collection and distribution of zakat funds for each zakat institution have different graphs are increasing, decreasing, and fluctuating. The collection of zakat funds in the 2016-2019 period shows that the largest collection of funds is LAZ Dompet Dhuafa, the proportion of which reaches 30% of the total funds. Meanwhile, LAZ Mizan Amanah is a zakat institution with the lowest proportion of fundraising, namely 1% of the total funds. The distribution of zakat funds in the period 2016-2019 shows that LAZ Rumah Zakat has the largest distribution of funds and LAZ Mizan Amanah is a zakat institution with the lowest proportion of channeling funds is only 1% of total funds. The implication of this research is for zakat institutions to optimize the collection of zakat funds innovatively so that they can channel more funds to the community.
天课是伊斯兰慈善事业的一个重要工具,在社会经济方面是有益的。本研究的目的是分析印尼天课机构天课基金的募集和分配的发展情况。本研究采用横向分析的定量方法。研究结果表明,各天课机构的天课资金的募集和分配具有增加、减少和波动的不同曲线图。从2016-2019年期间的天课资金募集情况来看,募集资金最多的是LAZ Dompet Dhuafa,占总资金的比例达到30%。同时,LAZ Mizan Amanah是募捐比例最低的天课机构,仅占总资金的1%。从2016-2019年天课资金的分布情况来看,LAZ Rumah zakat的资金分布最多,LAZ Mizan Amanah是天课机构中渠道资金比例最低的,仅占总资金的1%。本研究为天课机构创新地优化天课资金的募集提供了启示,使天课资金更多地流向社区。
{"title":"Comparative Analysis of Collection and Distribution of Zakat Institution Funds in Indonesia","authors":"Ainul Fatha, Mohamad Syahreza Pahlevi","doi":"10.21111/jiep.v6i3.10277","DOIUrl":"https://doi.org/10.21111/jiep.v6i3.10277","url":null,"abstract":"Zakat is an important instrument in Islamic philanthropy that can be beneficial in socio-economic terms. The purpose of this study is to analyze the development of the collection and distribution of zakat funds at zakat institutions in Indonesia. This research uses a quantitative method using horizontal analysis. The results of the study show that the collection and distribution of zakat funds for each zakat institution have different graphs are increasing, decreasing, and fluctuating. The collection of zakat funds in the 2016-2019 period shows that the largest collection of funds is LAZ Dompet Dhuafa, the proportion of which reaches 30% of the total funds. Meanwhile, LAZ Mizan Amanah is a zakat institution with the lowest proportion of fundraising, namely 1% of the total funds. The distribution of zakat funds in the period 2016-2019 shows that LAZ Rumah Zakat has the largest distribution of funds and LAZ Mizan Amanah is a zakat institution with the lowest proportion of channeling funds is only 1% of total funds. The implication of this research is for zakat institutions to optimize the collection of zakat funds innovatively so that they can channel more funds to the community.","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115100182","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Analysis of Risk Taking Behavior of Islamic Banking Financing in Indonesia (Analisa Perilaku Pengambilan Risiko Pembiayaan Perbankan Syariah Di Indonesia)","authors":"Regina Putri Listyadewi","doi":"10.21111/jiep.v6i1.9293","DOIUrl":"https://doi.org/10.21111/jiep.v6i1.9293","url":null,"abstract":"","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124130834","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
: This paper discusses Islamic philanthropy from the view of Muhammadiyah, this was obtained because there was a shift in the meaning of philanthropy in the past. Experts _ stated that philanthropy is an important element in Islam. Among the forms of philanthropy in Islam is zakat, one of Islam’s five pillars. Among other forms of Islamic philanthropy are infaq, alms, and waqf. Therefore, philanthropy has a major position in the life of Muslims. The meaning above is different from philanthropy which is known in today's society but does not reduce the substance of philanthropy itself. Islam has an important role in terms of spreading religion and knowledge, establishing educational institutions, and even in the field of welfare. One important vehicle for the spread of Islam is the mosque, which was built on philanthropy. The Prophet Muhammad set an example of philanthropic behavior by establishing a mosque. Apart from establishing mosques, educational institutions which are places to gain knowledge were also established on the basis of philanthropy. It is through these educational institutions that the dissemination of knowledge develops. This paper aims to provide an understanding to the general public regarding the shift in the meaning of Islamic philanthropy, through the view of Muhammadiyah as the primary data source. The conclusion in this paper uses the theory of changes in Islamic law and uses a normative approach, of course with the aim of trying to reveal the values of truth in Islamic philanthropic practices in society so that they should be actualized in the future.
{"title":"Shifting Meaning: Islamic Philanthropy According to the View of Muhammadiyah","authors":"A. Meidina, Zaimudin Al-Mahdi Mokan","doi":"10.21111/jiep.v6i1.9283","DOIUrl":"https://doi.org/10.21111/jiep.v6i1.9283","url":null,"abstract":": This paper discusses Islamic philanthropy from the view of Muhammadiyah, this was obtained because there was a shift in the meaning of philanthropy in the past. Experts _ stated that philanthropy is an important element in Islam. Among the forms of philanthropy in Islam is zakat, one of Islam’s five pillars. Among other forms of Islamic philanthropy are infaq, alms, and waqf. Therefore, philanthropy has a major position in the life of Muslims. The meaning above is different from philanthropy which is known in today's society but does not reduce the substance of philanthropy itself. Islam has an important role in terms of spreading religion and knowledge, establishing educational institutions, and even in the field of welfare. One important vehicle for the spread of Islam is the mosque, which was built on philanthropy. The Prophet Muhammad set an example of philanthropic behavior by establishing a mosque. Apart from establishing mosques, educational institutions which are places to gain knowledge were also established on the basis of philanthropy. It is through these educational institutions that the dissemination of knowledge develops. This paper aims to provide an understanding to the general public regarding the shift in the meaning of Islamic philanthropy, through the view of Muhammadiyah as the primary data source. The conclusion in this paper uses the theory of changes in Islamic law and uses a normative approach, of course with the aim of trying to reveal the values of truth in Islamic philanthropic practices in society so that they should be actualized in the future.","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130049589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In the digital era, the pattern for doing digital marketing is experiencing a shift. As competitors increase, it goes hand in hand with consumer interest. The purpose of this research is to determine the influence of advertisement and financial capability on consumer’s purchase intention. This research is important as advertisement and financial capability can influence variations of consumer’s consideration in purchasing decision. The type of study is quantitative research with statistical inference approach. Primary data is taken from the results of questionnaires given to consumers as respondents with a total sample of 50 people. Data analysis technique used are ANOVA F-test, t-test, multiple regression analysis, and coefficient determination (R square). Processing data tool used is Statistical Product and Service Solution (SPSS) version 26. The result of F-test and t-test shows that advertisement (X1) and financial capability (X2) simultaneously and partially have significant influence on consumer’s purchase intention (Y). The result of coefficient determination (R square) shows that 46.2% of factors affecting the consumers intention to purchase at La Royba Mart can be explained by advertisement factor and consumers’ financial capability factor, while the rest 53.8% factors are explained by other factors that are not studied by the author here.
{"title":"The Influence of Advertisement and Financial Capability on Purchase Intention at La Royba Mart","authors":"Izzatul Muna","doi":"10.21111/jiep.v6i1.9280","DOIUrl":"https://doi.org/10.21111/jiep.v6i1.9280","url":null,"abstract":"In the digital era, the pattern for doing digital marketing is experiencing a shift. As competitors increase, it goes hand in hand with consumer interest. The purpose of this research is to determine the influence of advertisement and financial capability on consumer’s purchase intention. This research is important as advertisement and financial capability can influence variations of consumer’s consideration in purchasing decision. The type of study is quantitative research with statistical inference approach. Primary data is taken from the results of questionnaires given to consumers as respondents with a total sample of 50 people. Data analysis technique used are ANOVA F-test, t-test, multiple regression analysis, and coefficient determination (R square). Processing data tool used is Statistical Product and Service Solution (SPSS) version 26. The result of F-test and t-test shows that advertisement (X1) and financial capability (X2) simultaneously and partially have significant influence on consumer’s purchase intention (Y). The result of coefficient determination (R square) shows that 46.2% of factors affecting the consumers intention to purchase at La Royba Mart can be explained by advertisement factor and consumers’ financial capability factor, while the rest 53.8% factors are explained by other factors that are not studied by the author here.","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116722728","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The markets such as capital markets, financial markets, commodity markets, it creates a domino effect and creates a great impact on the economy. After giving information about the improvement of Islamic finance in Turkey, it describes the kinds of sukuk being implemented in Turkey. As a core study, taxation of sukuk in Turkey and sukuk in Turkish tax system are examined specifically. The objective of this paper is to explain the tax advantages and disadvantages on the products offered by the system to those who want to invest in the alternative finance system or evaluate their savings. In this study, Turkish tax laws were used as the primary source, and the books, theses, articles and conference texts written on this subject were used as the secondary source. This study includes the review of the written works, statistics, documents, laws, practices and works of related international institutions, and open sources of related national institutions. Finally, in this study, recommendations for the necessary regulations for the growth of the Islamic finance sector in Turkey and the results obtained from the study are given.
{"title":"Taxation Of Sukuk In Turkey: As An Alternative Financial Product","authors":"Kayhan Refik Okur, Saim Kayadibi","doi":"10.21111/jiep.v6i1.7398","DOIUrl":"https://doi.org/10.21111/jiep.v6i1.7398","url":null,"abstract":"The markets such as capital markets, financial markets, commodity markets, it creates a domino effect and creates a great impact on the economy. After giving information about the improvement of Islamic finance in Turkey, it describes the kinds of sukuk being implemented in Turkey. As a core study, taxation of sukuk in Turkey and sukuk in Turkish tax system are examined specifically. The objective of this paper is to explain the tax advantages and disadvantages on the products offered by the system to those who want to invest in the alternative finance system or evaluate their savings. In this study, Turkish tax laws were used as the primary source, and the books, theses, articles and conference texts written on this subject were used as the secondary source. This study includes the review of the written works, statistics, documents, laws, practices and works of related international institutions, and open sources of related national institutions. Finally, in this study, recommendations for the necessary regulations for the growth of the Islamic finance sector in Turkey and the results obtained from the study are given.","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"102 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113940404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A. Nugraha, Sofian Al Hakim, Dedah Jubaedah, Antoni Julian, M. Athoillah
The authors aims to find out the relationship between Islamic economic philosophy and developing economic ideology. The author tries to put forward the relationship between Islamic economic philosophy and the Pancasila ideology as the foundation of the nation. The method research used descriptive qualitative method by a literature study and a normative phisopic. The results of the analysis of this paper suggest that the post-sila economy has aspects in common with the principles of Islamic economic values, namely; the first precept with at-Tawhid, the second with al 'Adalah, the third precept with Ukhuwwah, the fourth precept with Musywarah and the fifth precept with Falah.
{"title":"Islamic Economic Literacy: A Paradigma Economic Thought In Indonesia","authors":"A. Nugraha, Sofian Al Hakim, Dedah Jubaedah, Antoni Julian, M. Athoillah","doi":"10.21111/jiep.v6i1.9279","DOIUrl":"https://doi.org/10.21111/jiep.v6i1.9279","url":null,"abstract":"The authors aims to find out the relationship between Islamic economic philosophy and developing economic ideology. The author tries to put forward the relationship between Islamic economic philosophy and the Pancasila ideology as the foundation of the nation. The method research used descriptive qualitative method by a literature study and a normative phisopic. The results of the analysis of this paper suggest that the post-sila economy has aspects in common with the principles of Islamic economic values, namely; the first precept with at-Tawhid, the second with al 'Adalah, the third precept with Ukhuwwah, the fourth precept with Musywarah and the fifth precept with Falah.","PeriodicalId":292933,"journal":{"name":"Journal of Islamic Economics and Philanthropy","volume":"53 5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115606321","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}