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

Research on funeral funds on a homeowner association has never been performed before. Meanwhile, previous studies on the funeral fund in insurance companies, 'rukun kematian,' and mosques are used as a reference.  The research aims to analyze whether the funeral funds managed by informal institutions correspond with the micro takaful principle. Method is a descriptive analysis is used by comparing the survey in two groups, namely residential and village areas, of 31 communities spread across Java Island. The research variables developed include calculation, collection method, and amount of funeral fund contribution, alongside the calculation and amount of benefits. Although the funeral funds' variables have not fulfilled the micro takaful principle, there are interesting findings. These include that the calculation of contribution for the two groups, namely the residential and village areas, is performed by mutual agreement through community deliberations. In the village, the collection method is by direct payment from members of the public to the officers, which is different from the residential areas, where it is picked up by the officers. Furthermore, the amount of funding contributions to the community in the villages is around Rp. 3.001 and Rp. 5,000, while the total is over Rp. 10,000 in residential areas. The informal funeral funding scheme (IFFS) has become a mutually beneficial culture of Indonesian society, which fosters strong humanity and brotherhood. This scheme can be formulated in micro-takaful cooperatives to ensure that the benefits trickle down for every member of the community, including Muslims and non-Muslims.

This study aims to determine the development and trend map of Islamic Social Reporting (ISR) outbreak research that is published by a reputable journal in the theme of Islamic economics and finance. The data analyzed were more than 91 publications of Scopus indexed publications. The export data is then processed and analyzed using the R Biblioshiny application program to find out the bibliometric map of the development of Islamic Social Reporting research. The results showed that the number of publications on the development of Islamic Social Reporting research experienced a significant increase. The results show that the highest number of document types are journal articles. The most popular authors are Amran A, and the most popular keyword topics are Islamic, reporting, and social. Islamic Social Reporting has become an important part of the discussion of the financial business; not only in banking, but also in the corporate business.

Islamic finance has grown globally by leaps and bounds over the past three decades. In Malaysia, the success of the Islamic finance industry is heavily attributed to the comprehensive market structure and regulatory framework. With its current maturity and capacity, the industry is set to move forward to the next level with more sustained growth. Accordingly, Bank Negara Malaysia has issued the Strategy Paper on Value-based Intermediation (VBI) in March 2018 which deliberates the strategies to strengthen the roles and impact of Islamic finance towards not only a balanced social and commercial ecosystem, but also towards sustainable financial system. This paper discusses the role of Shariah governance in the implementation of VBI in the Islamic banking industry. In particular, this paper explores on how the board, management, and Shariah committee could contribute to the success of VBI within the scope of Shariah Committee composition and its integration with the board, as well as the management’s daily oversight of the banks’ activities. Indeed, an impactful implementation of VBI would require the participation and cooperation from various key stakeholders, but more importantly is the commitment from the internal drivers, i.e. the board, management, and Shariah Committee.

The Islamic capital market plays an important role in the growth of the economy in Indonesia. During its development, the performance of the stock index in a country is often influenced by other stock indices in other countries. This study tries to analyze dependence of macroeconomic variable towards JII and IHSG price, using Autoregression Distributed Lag (ARDL). The results show that the Consumer Price Index (CPI) and exchange rate (EXC) significantly affect the movement of the JII and IHSG price index. This indicates that the movement of the JII and IHSG index in the short term is influenced by domestic production and exchange rate. Furthermore, the results of the research show a little uniqueness in the crude oil price (COP) variable and the issue of energy consumption in the future.

This study explores the development of research on the hajj’s economy (pilgrimage) published in reputable journal papers. The data analysed included more than 66 indexed research publications. The entire sample of journal publications has been published during the 18 years from 2003 to 2020. The export data is then processed and analysed using the VOSviewer application to determine a bibliometric map of the research’s development. The results show that the number of publications on the development of hajj’s economic research from 2003-2020 experienced a fluctuating increase, and most papers were published in 2019 with 15 articles (22,7%). Network visualisation showed that the map of the research was divided into 4 clusters. Cluster 1 consists of 15 topics; cluster 2 consists of 11 topics; cluster 3 consists of 11 topics, and cluster 4 consists of 10 topics. The findings of this study are in the form of suggestions for alternative research on the hajj investment fund.

Financial performance as a measuring instrument to know the process of implementing financial resources owned by the company. The Covid-19 pandemic has impacted the banking sector, resulting in poor financing due to debtors' disbursements as a result of the large number of people losing their jobs and difficulties in financing payments. This research aims to analyze the financial performance of Islamic Banks during the Covid-19 pandemic, using records of annual financial statements from 2011 to 2020 through Multiple Linear Regression testing and linearity testing of the model used Ramsey test. As a result of this study, the results of the t test found that the Capital Adequacy Ratio (CAR), Operating Costs to Operating Income (BOPO), Financing to Deposit Ratio (FDR) had a positive and significant effect on financial performance (ROA) while Not Performing Financing (NPF) had a negative and insignificant effect on financial performance (ROA). Furthermore, simultaneously capital adequacy ratio (CAR), Operating Costs to Operating Income (BOPO), Financing to Deposit Ratio (FDR) and Not Performing Financing (NPF) significantly influenced the financial performance (ROA) of Sharia banks in Indonesia

Islam provides a great impetus for humans to pursue knowledge. The first verse revealed from the Prophet Muhammad (PBUH) is Iqra, which means “to read”. The Qur’an uses repetition to instill certain concepts in the consciousness of its listeners. Allah (God) and Rab (Sustainer) are repeated 2,800 and 950 times, respectively, in the Alquran and Ilm (knowledge) 750 times. The need to preserve the Alqur’an aroused a passion for compiling writings in various forms, which paved the way for establishing the earliest libraries in the Muslim world. Libraries in Islamic history occupy an important position. Its existence is very difficult to separate from the development and progress of science and Islamic civilization, especially in the 8-10 century AD. This study aims to determine Islamic library research trends published by leading journals. The data analyzed consisted of 663 indexed research publications. The data is then processed and analyzed using the VoS viewer application to determine the bibliometric map of the development of Islamic research libraries. There were at least 7 types of Islamic libraries in the golden age of Islamic civilization: independent library, public library, mosque library, palace library, university library, ribat library, and bimartisan or hospital library. The seven types of Islamic libraries are almost entirely waqf-based.

Garbage is a classic and unsolved problem in Indonesia. According to data from the Ministry of Environment and Forestry (KLHK), Indonesia's amount of waste reaches 67.8 million tons consisting of 57% organic, 15% plastic, 11% paper, and 17 other waste. However, a garbage bank has established, even though its role still minimal compared to the City Waste Power Electric (PLTSa). By using ANP (Analytic Network Process) this qualitatively descriptive paper shows that the essential aspects from PLTSa are Institution and community. The problem of PLTSa is divided into three aspects such as expensive, 3T, and environment. In this case Waqf institutions such as education, socialization and cost. The issues of society are literacy, habits, lazy. Mapping solutions, in-depth studies, collaborations, webinars. Strategies in improving the environment security, among others, are the synergy of waqf institutions with the government, BOT system between Waqf Institutions and private businesses, and the last collaboration between waqf institutions and waste banks.

A low level of ability in managing internal and external factors of the business will result in the less optimal of marketing strategies implementation and achieved an outstanding marketing performance. Therefore, a partial study of marketing strategy and marketing performance is needed which aims to determine the marketing strategy and performance. As many as 120 SMEs were chosen as respondents for saltwater fish processing in East Java, Indonesia. The multistage sampling technique used in this study where the Likert scale employed as a measuring tool in the questionnaire was distributed, finally, the data was processed by SEM, the Lisrel program. This study found that the internal and external factors partially influence on marketing strategies; the internal and external business factors partially influence marketing performance; and marketing strategies have no effect on marketing performance. The dominant path that arises is the internalstrategy-performance pathway, which means that the company's ability to manage internal factors is more dominant in influencing marketing strategy and performance.

This study aims to examine the influence of accounting standards (SAFS Shariah No.109) for zakat on the financial performance of zakat institutions. This study has employed Difference in Difference (DiD) test and Panel data regression in order to achieve the objective of study. This study found that there is a difference in zakat institution performance between the pre and post adoption of SAFS in the DiD test. However, panel regression results show that there is no significant change in the adoption of SAFS Shariah No.109 to the zakat institution financial performance. A plausible reason for insignificant relation is that SAFS Shariah No.109 has not yet faithfully adhered by zakat institutions in their reporting, particularly with respect to the zakat for productive purpose. On the other hand, this study also found that zakat fund collection and zakat institution equity have significant impact on the performance of zakat institutions in Indonesia

This study tries to review the research around the Mosques economy on reputable journal. It uses descriptive statistical analysis based on selected 103 article publications or papers related to the Mosques economy, with national and international journal. The entire sample journal publications have published for twelve years from 2009 to 2020. The Results show that mosques economy research study case is still dominated by Indonesia (76 studies), following by Malaysia (14 studies) and Bangladesh (3 studies). In addition, the average time of journal publication, between 9 and 10 years. There are at least 43 journals that published mosques economy articles with the other and zakat for focus study. Furthermore, the comparison of qualitative research (76%) is still more than the quantitative approach (14%). This study found that mosques play an essential role in building Islamic socio-economic and political civilization as a basis for supporting the development of Islamic social funds, the halal industry and BMT microfinance.

This study was purposed to determine the short-term and long-term relationship of monetary variable movement to employment opportunities in Indonesia. The variables used are interest rates, exchange rates, inflation and exports as independent variables, while the employment opportunities as dependent variable. The analysis process used error correction model (ECM). The data used in this study were from 1997 to 2019. The results of the study showed that partially export was the variable that had an influence on employment opportunities in Indonesia. However, simultaneously in the short and long term relationship, all variables affect the employment opportunities in Indonesia. The study of opportunities per business sector is the main interest for further researchers.

This study aims to examine how the central bank's monetary policy utilizes idle funds. The task of the Central Bank to maintain monetary stability can be carried out through open market operations. Funds stored in the Central Bank in the form of Statutory Reserves cannot be fully utilized because the Central Bank is not allowed to carry out business activities. Islam provides a way for the benefit of everyone so that there is always a way out in economic activities in monetary policy. Economists have conducted various studies that there are instruments and contracts that can be carried out by the central bank to continue to utilize idle funds. This article is descriptive qualitative research by analyzing previous studies from journals of various countries. This article compares and discusses the monetary policy of Islamic banks in utilizing idle funds. The central bank can issue a central bank certificate in accordance with sharia which has underlying asset and project. The underlying project must be transparent and accountable so that it truly provides benefits for all parties. This not only maintains monetary stability but also provides an increase in economic life and benefits for the community

The purpose of this paper is to determine the extent to which Islamic monetary instruments are applied to banking in Indonesia. This study uses a qualitative approach by collecting journal articles that are relevant to the purpose of this study. The collected articles were analyzed for content (content analysis) and then triangulated the data to arrive at a conclusion. In his study, he stated that the only money market allowed in Islam is a money market that does not use the interest system, this is to avoid usury nasi'ah because the loss (danger) of interest is greater than the profit (mashlahah). The main findings of this study indicate that the instruments used in the policy of determining monetary control in the Islamic banking system include; Reserve Ratio, Moral Persuasion, Lending Ratio, Refinance Ratio, Profit Sharing Ratio, Islamic Sukuk, Government Instrument Certificate (GIC) with various products as policy instruments in banking for current interbank transactions in Indonesia such as Interbank Mu'arabah Certificates, Wadî'ah Certificates Bank Indonesia, Bank Indonesia Syariah Certificate (SBIS), Commodity Trading Certificate Based on Interbank Syariah Principles (SIKA) and Sharia Short-Term Financing Facility (FPJPS)

urpose: The study aims to develop a relevant counter-argument and supporting justification on ideas offered by Zaman (2014) in his paper titled "An Islamic Approach to Humanities."

Design/Method/Approach: This study adopts a quantitative approach in form of a literature survey, discourse and critical content analysis. For achieving the goal, we capitalize on Ghazi (2006) to support the argument that the source of knowledge is not only through observations. Kalin (2016) and Zarkasyi (2018) are being used to show that Islam encourages reasoning and observations. To support the argument that Islamic economics can be positivistic, we use Abdullahi (2018) as a related paper to deal with that issue. 

Findings: The study found that Islamic Economics can use the tools of logical positivists in its observation as long as such tools do not contradict the logical structure of the Islamic worldview. Social science like Islamic economics is only an avenue to see the expression of free will that Allah gives to the human being by observing the pattern of human behavior. When the results can describe closer to reality, it can survive and support the development of social science itself. 

Originality/Values: The main contribution of this study is to clarify the position of Islamic economics on the logical positivism method and its implication in value integration.

In 1922, the Caspian Sea, with the consent of the revolutionary Government of the Soviet Union, experienced the commercial presence and shipping of the Weimar Germans who had commenced trade with the Iranian ports in southern coast of the Caspian through the Baltic Sea and the Volga River. Despite the establishment of the regular Hamburg-Caspian-Anzali line and the increased Irano-German trade in a short time, the line was stopped soon (1924). The present study, using historical-analytical methods, examines the impact of political conditions in Europe on the presence and short-term business activity of the Germans in the Caspian Sea. The findings show that in response to political developments in Europe, Soviet Russia had agreed to transit German goods through Russia and the Caspian to Iran. This endeavor, despite success, failed as the Soviet government revised her policy soon. This indicate that Soviet strategy, free from economic gains and losses, did not tolerate the presence and activity of the western countries in the Caspian Sea.

Waqf plays an important role in the economic development of the umma. it may help the burden of statet expenditure and also eliminate riba(cizakca, 1998) , its proven in the time of the Ottona whereby the waqf systemalong with the imaret system and other religious Institutions contributed to the  socio-economics 

Pandangan dunia atau pandangan hidup (worldview) berperan sangat penting dalam sistem masyarakat tertentu. Worldview berfungsi sebagai dasar bagi keseluruhan bangunan pengetahuan.1 Di bidang ilmu pengetahuan, worldview berfungsi sebagai media kognitif yang menjelaskan posisi ontologis, aturan metodologis, kerangka nilai, dan sebagainya.2 Oleh karena itu, bangunan ilmu pengetahuan sangat bergantung pada setiap worldview yang dimiliki masyarakat tertentu dan di atas worldview tadi dibangunlah ilmu pengetahuan yang khas3 serta peradaban yang berbeda dari fondasi peradaban lain.