This study aims to analyze the influence of online loan advertisement, Islamic financial literacy, and lifestyle on public’s comprehension and decision in online loan making. This research uses a quantitative approach with Muslim consumers in the Greater Jakarta (Jabodetabek) area as the target population. Data were collected through a questionnaire distributed via Google Form, involving 195 respondents. The data were analyzed using Structural Equation Modeling–Partial Least Square (SEM–PLS). The results show that online loan advertisement (X1) and lifestyle (X3) have a significant and positive influence on public decision in making online loans. However, Islamic financial literacy (X2) does not have significant influence on public decision in making online loans.

Indonesia with a Muslim majority inherently provides potential for the development and utilization of productive waqf as a financial instrument for social welfare and economic growth. Stock waqf is one of the productive waqf that is quite potential to be developed because it provides the potential for quite large profit sharing with minimal risk if placed in stocks that are fundamentally strong and liquid to maintain the sustainability of waqf assets in the long term. This study aims to analyze the returns and risks of sharia stock portfolios on IDX High Dividend 20 stocks and including LQ45 stocks if placed as waqf objects. In addition, it also analyzes the strategy for implementing stock waqf portfolios for wakif, nazhir and regulators. This study uses two methods to answer the problem formulation, namely Return Portfolio and Risk Portfolio. Furthermore, for the second research question, in-depth interviews and literature studies are used. The results of the study prove that the strategy of forming a portfolio based on dividend yield on stocks that fall into the criteria of IDX High Dividend 20, LQ45 and JII has been proven to consistently increase returns (yield) and total returns with increasing dividend yield. Portfolio 4 which focuses on stocks with dividend yield ≥ 5% provides the highest return (yield) of 17.06% per year, this is also a picture of the yield if applied as a stock waqf portfolio and the total return is also the highest at 18.20% per year, this is also a picture of the yield if applied as a cash waqf investment portfolio or stock futures waqf. In addition, this study emphasizes the importance of education and increasing the competence of nazir in sharia financial literacy and stock waqf management. Collaboration between stakeholders, including nazir, financial institutions, and regulators, is needed to maximize the potential of stock waqf. Effective risk management and transparency in reporting are also key elements to maintain investment stability and increase public trust.

Waqf is an Islamic philanthropic instrument with significant potential to support sustainable economic empowerment in society. In Indonesia, the realization of productive waqf remains suboptimal, despite the estimated potential of cash waqf exceeding IDR 180 trillion annually. Low public participation in productive waqf is partly due to a lack of trust in waqf management institutions (institutional trust) and limited innovation in waqf practices (waqf innovation). This study aims to examine the influence of institutional trust and waqf innovation on waqf participation intention, and its impact on economic empowerment, with waqf participation intention as a mediating variable. A quantitative approach was employed using the Structural Equation Modeling – Partial Least Squares (SEM-PLS) method. Data were collected through an online questionnaire involving 150 Muslim respondents in Indonesia who are familiar with waqf programs. The results reveal that both institutional trust and waqf innovation is not significantly affect waqf participation intention. Furthermore, waqf participation intention positively influences economic empowerment and mediates the relationship between institutional trust, waqf innovation, and economic empowerment. These findings highlight the crucial role of enhancing trust and innovation in optimizing waqf as a sustainable and inclusive tool for economic empowerment in Indonesia.

This study examines the impact of Palestine’s occupation on Indonesian millennials' intentions to boycott Israeli-affiliated products, focusing on attitude, perceived behavioral control, and subjective norm as determinants. Millennials are chosen as the research object based on the assumption that they represent an active workforce with relatively higher financial capability, potentially increasing their influence on consumer behavior. Using Structural Equation Modeling-Partial Least Squares (SEM-PLS), findings reveal that attitude and perceived behavioral control significantly impact boycott intention, while subjective norm is not significant. These results indicate that millennials are more influenced by personal beliefs and self-efficacy than by social pressures. Policy recommendations include enhancing educational campaigns to strengthen individual attitudes and empower millennials with resources for informed choices, possibly through collaborations with influencers and educational institutions. Future studies could explore additional factors, such as media influence and availability of alternatives, to provide a broader understanding of boycott behavior among millennials.

This paper aims to evaluate the existing Islamic financial and business literacy for people with disabilities and propose a job and business recommendation to address different characteristics of the communities. Using the ethnography approach, this research focuses on people with disabilities in their diverse backgrounds of social, economic, and cultural settings. It includes participant observations and interviews accompanied by their family members or social care providers. The finding shows that the existing Islamic financial and business literacy for people with disabilities is still limited due to social gaps. There are tensions that exist in the dedifferentiation method whether they remain to be hopeless to earn more literacy and do their business independently. It is understood that the dedifferentiation has underestimated the people's experience in Islamic financial and business literacy with their types of disabilities.

This study undertakes a comparative analysis of the implementation models of International Financial Reporting Standards (IFRS) in South Africa and Indonesia, focusing specifically on Islamic banking institutions. Whereas South Africa pursued full adoption of IFRS to align with international reporting benchmarks, Indonesia opted for a convergence approach, integrating IFRS principles within its existing local financial reporting framework. Employing a Systematic Literature Review (SLR) methodology, this research synthesizes findings from academic literature, annual reports of Islamic banks, and relevant institutional progress reports on IFRS implementation. The findings indicate that full IFRS adoption in South Africa has enhanced financial reporting quality and transparency; however, it has not entirely mitigated earnings management practices, such as income smoothing.

Uang tidak bisa dilepaskan dari kehidupan manusia yang harus dikelola dengan baik, terutama bagi keluarga. Akuntansi rumah tangga merupakan kegiatan yang dilakukan oleh suatu keluarga yang berkaitan dengan pengelolaan keuangan keluarga.

his study was conducted to analyze the extent to which Fear of Missing Out (FoMO), Impulsive Buying Behavior, and Social Media Influence online purchase intention among Generation Z. The research employed a quantitative causal method. The population consisted of generation Z individuals, with a total of 170 respondents selected using purposive sampling. Data were collected through an online questionnaire distributed via google forms and analyzed using SPSS software. The result of the study indicate that: (1) Fear of Missing Out (FoMO) has a positive and significant influence on generation Z online purchase intention. (2) Impulsive Buying Behavior has a negative but not significant effect on generation z online purchase intention. (3) Social media has a positiveand significant impact on generation Z online purchase intention. (4) The Three variables jointly have a significant influence on generation z online purchase intention.

Introduction: This research aims to find out how green marketing, Islamic corporate social responsibility, and brand image influence purchase decision PT. Paragon Technology Innovation Product. Research Methods: This research uses a quantitative descriptive approach with primary data as the data used. The source of data collected use purposive sampling technique, came from distributing questionnaires to respondents in the Jabodetabek area through the consument of PT. Paragon Technology Innovation. The analysis technique used is Partial Least Square - Structural Equation Modeling (PLS-SEM). Results: Green marketing does not have a significant effect on the purchase decision of PT. Paragon products in the Jabodetabek area. Green marketing has a significant positive effect on the brand image of PT. Paragon products in the Jabodetabek area. Islamic corporate social responsibility has a significant positive effect on the purchase decision of PT. Paragon products in the Jabodetabek area. Islamic corporate social responsibility has a significant positive effect on the brand image of PT. Paragon products in the Jabodetabek area. Brand image has a significant positive effect on the purchase decision of PT. Paragon products in the Jabodetabek area. 

The digitalization of school administration using cloud storage has emerged as an innovative solution to enhance data management efficiency in Islamic schools. This study aims to analyze the social and economic impacts of digitalized administration while identifying key challenges in its implementation. A mixed methods approach was employed, integrating quantitative surveys and qualitative interviews with school administrators and staff in Islamic schools in Bogor. In this study, ethical aspects were strictly observed. Respondents were explained the purpose of the study and given the option to participate voluntarily. Informed consent was obtained in writing prior to data collection, and data confidentiality was maintained. Findings reveal that most Islamic schools are still transitioning to digital systems, while only a small number have fully implemented digitalization. Google Drive is the preferred platform, highlighting its accessibility and collaboration features. From a social perspective, digitalized administration improves work efficiency, communication, and reduces manual workload. However, challenges such as limited internet access, data security concerns, and lack of staff training remain significant obstacles. Economically, digitalization contributes to operational cost savings, particularly in reducing paper and stationery expenses. However, cost savings are perceived as moderate, suggesting that long-term financial benefits require further optimization. To address these challenges, Islamic schools must invest in internet infrastructure, enhance data security, and allocate budgets for staff training to ensure effective implementation. With the right strategies, cloud-based digital administration holds great potential to improve operational efficiency, management transparency, and educational service quality in Islamic schools.

This study explores the factors influencing customer loyalty at Bank Syariah Indonesia (BSI) after cyberattacks, using the Expectation Confirmation Theory (ECT) as the theoretical framework. A quantitative approach with Partial Least Squares-Structural Equation Modeling (PLS-SEM) is applied, analyzing data from 225 customers affected by service disruptions, ATM use, and Mobile Banking. The findings indicate that customer loyalty is significantly affected by service quality, religiosity, and customer trust. Furthermore, customer trust after a cyberattack is significantly influenced by service quality and religiosity. The Compliance, Assurance, Reliability, Tangibles, Empathy, and Responsiveness (CARTER) model is used to measure service quality, emphasizing both technical and ethical aspects. The results highlight the importance of successful crisis management, clear communication, improved security, and compensating customers in retaining and potentially growing the customer base post-attack. This research underscores the significance of the CARTER model in evaluating service quality and the role of religiosity in fostering customer loyalty. The study emphasizes that Islamic banks should integrate technical and ethical aspects of service to minimize negative impacts and maintain customer loyalty.

This study analyzes sustainability in Islamic financial institutions by integrating economic, social, and environmental aspects with sharia compliance.

Abstract

Purpose: This study examines the effect of Sharia financial literacy and religiosity on micro, small, and medium enterprises’ (MSMEs) compliance with Sharia financing contracts. In particular, it explores the mediating role of mental accounting in shaping contract adherence.

Method: The research employed a quantitative survey design with 100 MSMEs under Perumda Pasar Jaya Jakarta that had participated in Sharia financing for at least one year. Data were collected through structured questionnaires and complemented with qualitative interviews. Structural Equation Modeling– Partial Least Squares (SEM-PLS) was applied to test direct and mediating effects.

Findings: The results demonstrate that both Sharia financial literacy and religiosity exert positive and significant effects on MSMEs’ compliance with Sharia financing contracts. However, the mediation analysis reveals that mental accounting does not significantly mediate these relationships, suggesting that while entrepreneurs understand and value Sharia principles, limited financial buffers and urgent liquidity needs prevent them from consistently applying structured accounting practices. Qualitative evidence confirms that many MSMEs mix business and personal funds, rely on fluctuating cash flow, and occasionally delay repayment despite strong religious motivation.

Novelty/Value: Unlike in conventional finance, where mental accounting is often framed as a cognitive bias, in Islamic finance, it can function as a constructive form of self-control. By separating accounts for obligatory payments, including zakah and debt repayment, MSMEs with relatively high religiosity treat financial discipline as part of their religious duty. At the same time, Islamic financing practices grounded in ukhuwah and maslahah provide flexibility when liquidity constraints occur, making mental accounting a unique and contextually embedded mechanism for SMEs.

This study adopts the Analytic Network Process (ANP) approach, integrating the MUKISI Certification Standards and DSN-MUI Fatwa No. 107 of 2016 to develop key processes based on Maslahah Performa (MaP) in Islamic Hospitals (IH).

This study aims to evaluate the implementation and effectiveness of SIMBA at BAZNAS Bogor Regency, as well as the effectiveness of zakat management. Using a qualitative case study approach, data was collected through interviews and literature study. SIMBA’seffectiveness was measured using DeLone and McLean’s information system (D&M IS)successmodel, while the effectiveness of zakat management was measured using the allocation to collection ratio (ACR) method. The results show that SIMBA is effective in supporting zakat management, with features that facilitate access to accurate and timely information. Zakat management is also considered effective,with a positive ACR average. Despite technical glitches, users express strong satisfaction with SIMBA,especially regarding its convenience, transparency, and enhanced accountability.

Perkembangan teknologi informasi telah merevolusi berbagai aspek kehidupan manusia, termasuk dalam sektor pendidikan dan ekonomi. Salah satu perubahan signifikan adalah hadirnya digital learning dan e-courses yang memungkinkan proses pembelajaran berlangsung secara fleksibel, kapan saja dan di mana saja. Dalam konteks ekonomi syariah, digital learning memberikan peluang besar dalam menyebarkan pemahaman prinsip-prinsip syariah kepada masyarakat luas. Digital learning adalah proses pembelajaran yang memanfaatkan teknologi digital untuk menyampaikan materi pendidikan, baik melalui platform website, aplikasi mobile, video streaming, hingga learning management system (LMS). E-courses dalam bidang ekonomi syariah kini tersedia dalam berbagai format, mulai dari kursus singkat, webinar, hingga program sertifikasi resmi dari institusi pendidikan atau otoritas keuangan syariah.

Purpose – This study investigates the factors influencing Muslims’ intention to participate in green waqf in Indonesia. Specifically, it examines the role of knowledge within the Theory of Planned Behavior (TPB) framework to understand how knowledge, attitudes, subjective norms, and perceived behavioral control shape intention to become a waqif (a person who endows waqf). 

Methodology – The research employs a quantitative design using survey data collected from 100 Muslim respondents in Indonesia. Data were analyzed with Structural Equation Modeling (SEM) using SmartPLS 3 to test the relationships among knowledge, attitudes, subjective norms, perceived behavioral control, and intention. 

Findings – The findings reveal that knowledge positively influences attitude, and both attitude and perceived behavioral control significantly impact intention to become a waqif. However, subjective norms do not significantly affect intention. 

Implications – This research contributes to the existing literature by extending TPB in the context of green waqf and offering insights into the role of knowledge in shaping attitudes toward green waqf. Practically, the study highlights the need for increased awareness and structured initiatives to enhance participation in green waqf, particularly through education and government-driven campaigns.

Originality – This research adds to the growing literature on green waqf by applying and extending TPB with knowledge, offering fresh insights into behavioral determinants of waqf participation and highlighting the link between Islamic philanthropy and environmental sustainability

This study analyzes factors influencing preference of Muslims in Russia to choose Islamic Banking. This is important as Russia has recently introduced Islamic banking into their national banking system. Modified Theory of Planned Behavior is used to structure the empirical model which is analyzed using SMART PLS4 with PLS-SEM method. Using data gathered from 476 respondents, the result shows that attitude, perceived behavioral control, and religiosity have significant influences on intention, and intention significantly influences the behavior of choosing Islamic Banking in Russia. However, subjective norms and trust are not significant. Educational campaigns incorporating norms and Islamic values, along with developing a special regulatory framework to ensure Sharia compliance, are recommended. Future studies may explore additional variables to enhance understanding of Islamic Banking practices in Russia.

Fatwas play a pivotal role in Islamic jurisprudence, serving as legal instruments to ensure that financial practices align with Shariah principles. For Islamic financial institutions, timely and accurate fatwas are essential to maintain compliance, operational clarity, and stakeholder trust. However, the fatwa development process is often time-intensive. This study examines how artificial intelligence (AI) can be leveraged to enhance the efficiency and responsiveness of fatwa formulation. Using the Analytic Network Process (ANP), Shariah advisors and members of the Shariah Supervisory Board of Islamic Financial Institutions assessed the benefits, costs, opportunities, and risks associated with AI adoption. AI’s capacity for comprehensive data analysis is found to be the most weighted benefit. Key concerns include the cost of scientific verification, the risk of automating sacred decision-making, and the weakening of istinbath (legal reasoning) by scholars. To harness AI’s potential while preserving the integrity of Islamic jurisprudence, it is essential to have appropriate tools, training, and governance frameworks in place. AI has the potential not only to streamline the issuance of fatwas but also to transform the responsiveness and scalability of Shariah-compliant financial services. This study contributes to the literature on AI and Islamic jurisprudence by presenting an evidence-based framework for the responsible integration of AI in Shariah governance.

This study aims to analyze the factors influencing Millennials' and Generation Z’s intention to adopt family Takaful in Indonesia. Using a purposive sampling technique, data were collected through a questionnaire covering attitudes, subjective norms, behavioral control, religiosity, and digitalization. A total of 256 responses were analyzed using structural equation modeling (SEM) with a partial least squares (PLS) approach to test the proposed hypotheses.