Purpose

This paper introduces the concept of manihah and develops a conceptual framework to address Malaysia's abandoned lands and food security issues.

Design/methodology/approach

This is a conceptual paper based on insights from the existing literature and secondary data on food security, abandoned lands and manihah. Based on the prevailing gaps, the study proposes a conceptual framework of the Manihah Agricultural Financing Model to address Malaysia's abandoned land and food security issues.

Findings

The proposed model can address abandoned lands and food security issues due to the new incorporation of manihah within Malaysia's agricultural and Islamic financial industries' milieu.

Research limitations/implications

This is a conceptual paper mainly intended to spark a discussion on the potentiality of manihah.

Practical implications

The paper contends that Islamic banks have a crucial role in furthering the socio-economic development agenda under the value-based intermediation (VBI). The paper will also be an excellent introduction to Islamic bank practitioners in understanding manihah's relevance to their daily operation.

Originality/value

This paper introduces manihah as the potential solution to food security issues by utilizing abandoned lands.

Pandemic of COVID-19 has shocked and spread all over the world, including Indonesia. This research was conducted with the aim to lay out the role of Islamic economic and finance policies, as well as to propose a number of solutions which could be offered to solve various problems in time of the COVID-19 pandemic in Indonesia. By using descriptive qualitative approach, this research attempts to analyse various concepts that found in the research process trough content analysis techniques and library research. The results show that within the framework of Islamic economic and finance, some strategies that we can employ to dispose the social impact of COVID-19 such as: (1) distribution of direct cash assistance from zakat and infaq, collected by zakat and other social institutions; (2) strengthening infaq programs for various needs; (3) strengthening waqf programs, including cash waqf for social waqf projects, productive waqf, combination of social-productive waqf, or cash waqf linked sukuk; (4) superior venture capital assistance for the business sectors or Micro and Small Enterprises (MSEs); (5) the qardh al-hasan scheme; (6) strengthening MSMEs businesses; (7) improvement of Islamic economic and finance literacy; and (8) the development of Islamic financial technology. If the above programs using Islamic economic and finance instruments could really be encouraged, the economic surplus would be re-established and the acceleration of economic recovery could be realized, while at the same time reducing poverty and supporting the achievement of equitable distribution of income and wealth.

Students basically have good knowledge and skills if they are able to organize themselves. Most of the second semester MPI students of IAI Ngawi are already working and living in Islamic boarding schools which have a lot of religious activities in them. So that students’ academic self-regulation is not good because they have not been able to manage their time optimally. This shows the lack of student self-regulated learning. To overcome this, group guidance or group guidance using the Time Management approach is one form of effort used to assist students in improving their academic self-regulation. From the results of this study, it is known that group guidance with a time management approach is able to improve self-regulated learning for second semester MPI students. The implementation of group counseling with a time management approach begins with prioritizing important tasks, developing plans, continuously monitoring deviations, and finally reducing pressure on the schedule. Meanwhile, academic self-regulation begins with recognizing and discovering one’s potential, ending with building a group to grow together. group counseling with a time management approach, students succeeded in improving their academic selfregulation as evidenced by data from interviews and documentation of increasing student discipline in collecting assignments.

The use of gold is the beginning of the development of the monetary system in the world. The development of gold currency which has long been practiced, has undergone several evolutions from time to time. As a consequence, this evolution has implications for the development of research using gold currency. Therefore, this study aims to provide quantitative information on the development of gold currency literature. There are 917 papers in journals, books, book chapters, conference papers, and review papers indexed and indexed by the Scopus database from 1899-2021. We employed VOSViewer and Excel software to synthesize and analyze the data. This research is limited to the Scopus database related to gold currency. In addition, we find macroeconomic trend that often arise, which are related to the use of gold as a hedge and safe haven. Therefore, the author provides an overview of several studies that discuss the advantages of gold currency as the findings in this paper. In the context of gold currency, to the best of the authors’ knowledge, the bibliometric approach has not been applied previously in literature before. This study also provides an Islamic perspective on gold currency.

Online buying and selling is widely done by the public in some e-commerce applications, because of its ease in transacting. In classical studies, especially the 4 largest schools in the world say that buying and selling must meet the pillars of buying and selling, but what happens in online buying and selling many unfulfilled pillars, for example sellers and buyers do not meet in person at one time and place, objects of goods that cannot be seen and selected directly, and unspoken accounts, So many people are questioning this issue. This type of research is qualitative, with the collection of library research data through literature related and relevant to the title of this study. The results of this study showed that in formulating the law of buying and selling in Q.S Al-Baqarah: 275 mufassir such as Ibn Kathir, Al-Qurtubi, Al-Wasith, AlJashshash have a classical view that the fulfillment of the pillars of buying and selling is done traditionally (not online buying and selling) and they agree that buying and selling must be fulfilled in harmony. As for the opinion of buying and selling online in bukalapak is not unfulfilled, but does not appear physically. In its fatwa MUI allows online buying and selling, which is seen as the substance of the sale and purchase, as long as the two parties who transact are happy with each other, not unjust, and the goods sold do not contain gharar and are not prohibited goods in Islam.

Pada saat seluruh bank di dunia terimbas krisis keuangan, banyak penelitian yang membuktikan bahwa bank Islam relatif tidak terkena dampak krisis. Kondisi demikian juga berlaku ketika pandemi Covid-19 melanda dunia saat ini, di mana perbankan syariah di Indonesia justru menunjukkan kinerja yang lebih baik dibandingkan dengan bank konvensional. Salah satu yang diduga menjadi penyebabnya adalah adanya pengelolaan provisi kerugian pembiayaan di bank Islam yang dinamis dan lebih hati-hati.

Buku ini membahas hasil penelitian lintas negara mengenai efek prosiklikal dan perilaku perataan laba sebagai akibat dari pengelolaan provisi kerugian pembiayaan pada bank Islam. Bank dikatakan prosiklikal apabila provisi kerugian pembiayaan yang dibentuk bank cenderung bergerak mengikuti siklus perekonomian. Di mana modal dan provisi cenderung relatif rendah pada saat ekonomi stabil dan cenderung tinggi pada saat kondisi ekonomi yang buruk. Pembahasan dalam buku ini dilakukan berdasarkan pengujian empiris dengan melakukan pemisahan provisi kerugian pembiayaan untuk tujuan diskresioner dan non-diskresio

This study aims at Identifying the coconut shell charcoal briquette product specifications needed by the Saudi Arabian retail market are in accordance with the characteristics of the briquette products offered in Indonesia, identifying the potential demand for coconut shell charcoal briquettes in the retail market in Saudi Arabia. Also, analyzing the export procedure of Indonesian - Saudi Arabia coconut shell charcoal briquettes. The research method applied in this research uses a descriptive qualitative approach. According to Darmadi (2013), the research method is a scientific way to obtain data for specific uses. The scientific way means that research activities are based on scientific characteristics, namely rational, empirical, and systematic. The author observes the characteristics of briquettes in Saudi Arabia by identifying and interviewing retail and wholesale briquette sellers. The author found several core criteria that standardize briquette products favored by consumers in Saudi Arabia. The author conducts research on the character of briquette products in the Saudi Arabian market and provides advice to Indonesian briquette entrepreneurs to adjust their briquette product standards in order to enter the Saudi Arabian market, and suggests further research should focus on broader research areas in the Middle East.

Pada saat seluruh bank di dunia terimbas krisis keuangan, banyak penelitian yang membuktikan bahwa bank Islam relatif tidak terkena dampak krisis. Kondisi demikian juga berlaku ketika pandemi Covid-19 melanda dunia saat ini, di mana perbankan syariah di Indonesia justru menunjukkan kinerja yang lebih baik dibandingkan dengan bank konvensional. Salah satu yang diduga menjadi penyebabnya adalah adanya pengelolaan provisi kerugian pembiayaan di bank Islam yang dinamis dan lebih hati-hati.

Buku ini membahas hasil penelitian lintas negara mengenai efek prosiklikal dan perilaku perataan laba sebagai akibat dari pengelolaan provisi kerugian pembiayaan pada bank Islam. Bank dikatakan prosiklikal apabila provisi kerugian pembiayaan yang dibentuk bank cenderung bergerak mengikuti siklus perekonomian. Di mana modal dan provisi cenderung relatif rendah pada saat ekonomi stabil dan cenderung tinggi pada saat kondisi ekonomi yang buruk. Pembahasan dalam buku ini dilakukan berdasarkan pengujian empiris dengan melakukan pemisahan provisi kerugian pembiayaan untuk tujuan diskresioner dan non-diskresio

Tujuan dari penelitian ini untuk mencari tau pengaruh motivasi, pengetahuan, dan aspek syariah terhadap kesiapan pelaku UMKM dalam memasuki era digital, terkhususnya para pelaku usaha mikro di wilayah Kabupaten Bogor. Pada penelitian ini metode yang digunakan adalah metode kuantitatif, dengan teknik pengambilan sample Cluster Random Sampling. Penelitian dilakukan dengan menyebar angket yang berisikan beberapa pernyataan terkait variabelvariabel yang ditentukan yang kemudian dijawab oleh pelaku UMKM dengan pernyataan sangat tidak setuju, tidak setuju, setuju, dan sangat setuju. Pada penelitian ini ditemukan bahwa: (1) variabel motivasi berpengaruh positif dan signifikan terhadap variabel kesiapan, (2) variabel pengetahuan berpengaruh positif dan signifikan terhadap variabel kesiapan, (3) variabel aspek syariah berpengaruh positif dan signifikan terhadap kesiapan variabel.

Islam telah memberikan tuntunan kepada manusia agar mengkonsumsi dan menggunakan sesuatu yang halal dan terbaik (thayyib). Halal bermakna sesuatu yang boleh untuk dilakukan, digunakan atau dikonsumsi menurut hukum Islam. Oleh karenanya artikel ini mencoba menganalisis hubung kait antara prinsip Halal dengan preferensi tingkah laku pengguna dengan menggunakan analisis normatif. Adakah individu pengguna tertakluk kepada hieraki keperluan terhadap produk halal ataupun sebaliknya. Melalui pendekatan kualitatif dengan reka bentuk kajian deskriptif, artikel ini mendapati bahwa preferensi tingkah laku pengguna sangat dipengaruhi oleh nilai-nilai agama yang diyakininya. Dan ini sesuai dengan analisis daripada theory planned behaviour. Artikel ini turut melihat bahwa penggunaan atau perbelanjaan harta yang menyampingkan konsep halal dan keperluan tahsiniyyat yang maksima adalah tergolong dalam penggunaan atau perbuatan yang tercela

Purpose: Researchers have been actively investigating various issues concerning food and halal compliance framework. The analysis is focused on descriptions of the characteristics and trends of keywords, authors, journals and citations. This study reviews articles in order to map the problems, models, solution approaches and more importantly, the future directions of this field. Design/methodology/approach: Our method employs 204 articles on food and halal compliance research indexed by Scopus. Various techniques from statistics, bibliometric, and analytics are systematically deployed to gain insights on how the literature address these topics. The data was then processed and analyzed using the VOSviewer application program to select the bibliometric mapping of research developments on food and halal compliance Findings: The results showed that the visualization of the mapping of research developments in this theme was divided into three clusters. Cluster one consists of 53 topics, cluster two consists of 42 topics, cluster 3 consists of 32 topics. Research limitations/implications: This study focuses on articles that discuss food and halal compliance framework

This study aims to examine the determinants of Islamic banks’ compliance with the Statement of Financial Accounting Standards (SFAS) No.105 on Mudharabah principles. The sample, selected using purposive sampling, was 96 observed data of Islamic Banks (IBs) in Indonesia between 2009 and 2017. The data were analyzed using panel data regression. Using the multiple regression analysis techniques, this study demonstrated a significant positive influence of the effectiveness of the Shariah Supervisory Board (SSB), the effectiveness of audit committees, tenure of CFO, and third party funds from the Mudharabah contract for the compliance level of the IBs financial reports with SFAS No.105. Meanwhile, the CFO educational background had a significant negative effect and institutional ownership did not have any significant effect on the compliance level. Thus, to attain a higher level of compliance with SFAS 105, the Indonesian IBs must improve the quality of the reporting system monitor through the effectiveness of SSB and the audit committees

It can be easily seen from the different reports of the International organizations like IMF and World Bank that most of the Muslim countries are under developed and have a very low per capita income except the producer of natural resources. Majority of them are facing social and economic problems, low literacy rate with highly unskilled labor force. Most of the Muslim population in these countries are living under poverty, unemployment rate is very high, and health condition is very poor. Except few, most of them are dependent on their deprived agricultural sector. Their social and economic problems are a major constraint in the development of their economies. Academicians and experts are in view that policies which are implemented in these countries are not well suited to these economies. Especially they blame to the monetary policy which is generally implemented through the channel of interest rate. In their view, interest is not allowed and it is clearly mentioned in their holy book, Al‐Qur’an. Before going to deep in this area, it is better for us to discuss the objective of the monetary policy in conventional as well as in an Islamic economy.

In a typical literature, one can see that monetary transmission works through the channel of interest rate, and policy analyst are observing its impact on inflation, for example, if nominal interest rate increases it leads to incremental change in the user cost of capital, therefore, leading to an overall decrease in general prices level. Because higher interest rate has a negative impact on consumption (postponement) and also on desired investment due to which prices are going down. Another important channel of monetary transmission is the exchange rate. It is observed that an increase in the domestic interest rate has positive impact on the strength of currency which ultimately leads to downward pressure on the prices of tradable goods. A stronger exchange rate has a negative impact on net exports and aggregate demand. It is also an undeniable fact that appreciating currency increases the activities of the economy. Likewise, financial market development or institutional policy frameworks, and other country characteristics have impact on the transmission of monetary policy. Generally, in developing countries, majority of the households and firms are dependent on the bank lending.

This study aims to seek the impact of zakat accounting standards (PSAK Shariah No.109) adoption on the financial performance of zakat institutions. This study employed the Difference in Difference (DiD) test and Panel data regression using the data from 5 national scale zakat institutions in Indonesia from 2006 to 2019. This study found a difference in zakat institution performance between the pre and post-adoption of PSAK Shariah No.109, both in the DiD test and Panel data regression model.

The purpose of the study is twofold: first, it is to develop each aspect of ma
sla
hah
darūriyah (essential needs), i.e. dīn (faith/religion), nafs (soul), ʿaql (intellect), na
sl (descendants) and mal (wealth), into various aspects of organisational essential needs; second, it is to formulate ma
sla
hah-based performance measurement. Design/methodology/approach – The research is an exploratory study that uses a two-stage design: defining the research question and developing the research design. The research question is how each element of ma
sla
hah
darūriyah can become an element of organisational essential needs. The research design developed is to formulate ma
sla
hah-based performance measurement. Findings – The study concludes that ma
sla
hah
darūriyah could be developed as a basis for identifying organisational essential needs. The five elements of ma
sla
hah
darūriyah are developed into the following organisational essential needs: worship orientation, internal process orientation, talent orientation, learning orientation, customer orientation and wealth orientation. Ma
sla
hah-based performance measurement uses five variables: strategic objective, measure, formula, target and strategic initiatives and applies the modified plan – do – check – action cycle: performance planning, performance implementation, performance evaluation and performance action. Practical implications – Organisational essential needs can be developed by Islamic financial institutions (IFIs) into performance measurement. IFIs have six essential needs that can be developed into performance variables. Key performance indicators that can be developed for each need are worship orientation (social responsibility, regulatory compliance and Sharīʿah compliance); internal process orientation (innovation process, digital adaptation and employee satisfaction); talent orientation (career development, talent pool, compensation and benefits); learning orientation (training programme, training evaluation and return on training investment); customer orientation (customer engagement, customer satisfaction, customer survey and promotion programme); wealth orientation (profitability, cost-cutting, share prices, dividends, cost efficiency and financial sustainability). Originality/value – This paper contributes to new knowledge. The study attempts to discuss the organisational essential needs based on the ma
sla
hah
darūriyah concept, while previous studies discussed organisational needs based on Maslow’s hierarchy of needs. In developing performance measurement, organisational performance is measured in a balanced manner. According to the concept of ma
sla
hah, not only financial factors but also worship, internal processes, talents, learning and customers define organisational needs. Thus, organisational needs are considered not only in terms of material factors but also in terms of spiritual (worship) factors

Pada kesempatan ini kami dengan bangga menyampaikan kepada stakeholders, hasil kerjasama yang telah dilakukan antara Bank Indonesia dengan Komite Nasional Ekonomi dan Keuangan Syariah (KNEKS) dan berbagai perguruan tinggi dalam mempersembahkan buku “Sejarah Pemikiran Ekonomi Islam”. Buku ini adalah buku yang menyajikan informasi beragam pemikiran ekonomi Islam dari pemikir Islam masa awal Islam sampai dengan modern saat ini. Kelebihan buku ini bukan saja menyajikan buku dengan sangat lengkap dengan para pemikirnya, tetapi juga dilengkapi dengan analisis yang membandingkan dengan sejarah pemikiran ekonomi konvensional

Sharia Financial Institution is an institution that is engaged in serving the needs of the community or customers in the economic and banking sectors. This paper explores the importance of sharia compliance aspects in mudharabah and musyarakah contract products. The objective to be achieved in this paper is to describe to the public, especially sharia banking stakeholders, the importance of sharia bank activities, especially mudharabah and musyarakah contracts that are guided by Islamic rules in their business. The literature used in this study comes from literature studies that refer to books, the internet and journal papers that have the same topic as the discussion being studied. The results of the study explain that the Sharia Supervisory Board (DPS) has an important role in realizing mudharabah and musyarakah contract products based on sharia aspects. This is implemented in the form of serious supervision and monitoring in accordance with the main functions and duties of the DPS itself. By doing so, it is hoped that public trust will continue to grow and develop so that their confidence to continue to believe and be loyal to Islamic banks will be maintained.

Following the success of the 2019 and 2020 research camps, IAIS Malaysia, amid the COVID-19 pandemic, organised its annual “Research Camp for Academic and Policy Research” via online on 22-23 June 2021. The camp provided researchers, lecturers, and postgraduate students with in-depth insight into how to produce high-quality academic papers and manage academic references efficiently. It also equipped participants with essential skills for conducting both academic and policy research. During the two-day event, participants learned the basics of how to formulate policy issue papers, utilise the Oxford style of writing, write newspaper articles, reference Islamic sources, and manage academic references.

Waqf has a long history in Islam. It has played — and, in many cases, continues to play — a pivotal role in the advancement of the socio-economic well-being of the Muslim community. Throughout the centuries, waqf has funded many magnificent architectural monuments and public infrastructures all over the