Islamic education in Indonesia must deliver quality, modern governance, and fidelity to its religious identity at once. In 2025, two curricular policies emerged almost simultaneously: the Love-Based Curriculum (Kurikulum Berbasis Cinta) of the Ministry of Religious Affairs and Deep Learning (Pembelajaran Mendalam) of the Ministry of Primary and Secondary Education. Using a stakeholder lens, this article critiques the governance of Islamic educational institutions, assesses how far both policies meet stakeholder needs, and interprets why parents increasingly choose institutions that promise akhlak (moral character) formation. This qualitative study combines library research, critical policy analysis, and an interpretive phenomenological reading of regulations, national statistics, and recent journal articles, analyzed through data condensation, display, and conclusion drawing with source triangulation. Stakeholder mapping remains managerial and treats parents as passive clients, although they confer institutional legitimacy, while institutional diversity lacks adaptive quality standards and integrated data. Both policies fit the demand for humane, meaningful, character-oriented education, yet depend on teacher readiness and cross-ministry harmonization. Parental preference reflects moral anxiety in the digital age. Quality improvement therefore requires fair stakeholder mapping and maslahah-oriented policy integration.

Abstract Purpose–This study develops and applies the Tokenisation Sharia-Compliance Matrix (TSCM), a three-layer model for assessing a property-asset tokenisation business model. The model examines the contractual layer of fiqh muamalah, the positive-law layer of the Compilation of Sharia Economic Law (KHES) and Financial Services Authority (OJK) regulation, and the teleological layer of Maqashid al-Syariah, with a focus on Hifzhal-Mal. It is tested on Goro.id, an Indonesian real-asset tokenisation platform admitted to the OJK Regulatory Sandbox.Method–The study uses a qualitative single-case design that combines normative-juridical reasoning with documentary evidence. The analysis follows four stages: open coding of documents into a graded evidentiary register; thematic mapping against the six-stage tokenisation life cycle; legal reasoning through takhrij, tanqih, and tahqiq al-manath, checked against KHES and the fatwas of the National Sharia Council of the Indonesian Ulema Council (DSN-MUI); and scoring of Hifzh al-Mal on a four-point rubric.Result –Four findings emerge. First, the token is mal mutaqawwim of the mal ‘ain hukmi type, a constructive corporeal right rather than a debt. Second, the transaction is a three-tier composite contract comprising syirkah milk for ownership, wakalah bi al-ujrah for management, and ijarah for income, with bay‘ confinedto entry and exit. Third, the smart contract functions as sighat and tawthiq, not as the contract itself, so it removes procedural but not substantive gharar. Fourth, the model scores 2 out of 3 on both the protection and the development of wealth, because eight legal and market exposures remain open, most critically enforceability, bankruptcy-remoteness, secondary-market liquidity, and the absence of a specific fatwa. Its Sharia alignment is therefore conditional.Implication –The matrix offers a replicable tool for appraising digital financial innovation, identifies the fatwa and regulatory gaps that DSN-MUI and OJK need to close, and distinguishes compliance-critical safeguards from merely desirable ones.

The use of social media, particularly Instagram

This paper investigates the impact of waqf literacy on waqf donation of Muslims in Indonesia. It applies the Partial Least Square - Structural Equation Modeling (PLS-SEM) to data from 642 respondents. Using the Theory of Planned Behaviour (TPB) framework extended to past behaviour as an additional component, we find that waqf literacy positively impacts attitude, social norms, perceived behavioural control (PBC), and past behaviour. In addition, it has an indirect influence on waqf intention through those four TPB components. Moreover, the non-linearity test finds the quadratic effect of waqf literacy on most TPB components. This finding shows significant contribution of Waqf literacy on Muslims’ waqf donation indirectly through the Theory of Planned Behaviour. As a result, all waqf stakeholders should pay more attention toward waqf literacy in order to boost waqf collection.

This study analyzes the impact of implementing the ISO 9001:2015 Quality Management System

This article examines why two fatwa bodies operating under the same organisational roof, the Fatwa Commission of the Indonesian Ulama Council (MUI) and the National Sharia Board (DSN-MUI), arrive at substantially different legal formulations when they confront the identical question of riba in financial transactions. The study adopts a qualitative design with a comparative-descriptive approach, drawing on documentary study and content analysis of fatwa texts alongside relevant usul al-fiqh literature. The findings indicate that the MUI Fatwa Commission relies predominantly on a textual-formal mode of reasoning, in which direct qiyas and takhayyur prevail, producing an absolute ruling that bank interest constitutes riba and is therefore unconditionally forbidden. The DSN-MUI, by contrast, follows a contextual-maqasidi path that combines istihsan, istislah, talfiq, and maqasid al-shari’ah, yielding technical rulings tailored to individual Islamic financial products. Three conditions account for this divergence: the differing composition of each body’s membership, the varying degree to which practical applicability is required, and the underlying paradigm of muamalah each body adopts. Viewed through comparative usul al-fiqh, the two approaches are better understood as complementary rather than contradictory, together forming a coherent and responsive structure of Islamic law.

Cara sebuah tradisi keilmuan memahami hakikat manusia hampir selalu menentukan bentuk teori ekonomi yang dibangunnya. Tradisi ekonomi Barat merumuskan pelaku ekonomi melalui figur homo economicus, yaitu manusia yang dibayangkan rasional, mengutamakan diri sendiri, dan terus-menerus memaksimalkan utilitas. Ekonomi Islam menawarkan figur tandingan, homo islamicus, yakni manusia yang tindakan ekonominya tidak berhenti pada perolehan materi, melainkan terikat pada tauhid, akhlak, dan kesadaran akan pertanggungjawaban kepada Allah. Artikel ini membandingkan kedua konsep tersebut secara khusus pada peristiwa profit taking, menggunakan pendekatan kepustakaan (library research) dengan analisis deskriptifanalitis sekaligus yuridis-normatif. Pembahasan menautkan keduanya dengan teori mikroekonomi tentang penawaran dan permintaan, lalu menimbangnya secara aksiologis untuk menjawab pertanyaan dasar: apakah pengambilan keuntungan itu bernilai, dan bernilai bagi siapa. Lebih jauh, artikel ini menautkan analisis aksiologis tersebut dengan kerangka hukum ekonomi syariah di Indonesia, khususnya Kompilasi Hukum Ekonomi Syariah (KHES) dan fatwa Dewan Syariah Nasional-Majelis Ulama Indonesia (DSN-MUI), agar batas antara profit taking yang sah dan maysir memperoleh dasar normatif positif. Hasil kajian memperlihatkan perbedaan mendasar di tingkat asumsi ontologis, sumber motivasi, orientasi tujuan, kerangka nilai, hingga implikasi sistemik. Homo economicus bergerak dalam ruang sekular-materialistik dengan aksiologi utilitarian, sementara homo islamicus berjalan dalam integrasi dimensi duniawi dan ukhrawi dengan aksiologi tauhidiah yang terlembagakan melalui positivisasi fiqh muamalah. Artikel ini menyimpulkan bahwa larangan riba, gharar, dan maysir bukan sekadar norma etis, melainkan telah menjadi hukum positif yang mengikat dalam sistem hukum nasional. Argumen akhirnya, paradigma homo islamicus lebih holistik dan berpeluang menutup kelemahan struktural model homo economicus, khususnya ketika peradaban menghadapi krisis yang berlapis-lapis. 

Abstract
This study examines how the social capital of hafidzpreneur students—university students who integrate Qurʼan memorization (tahfidz) with entrepreneurial practice—contributes to sustainable Sharia economic governance in Indonesia, and how that contribution can be framed through Maqāṣid al-Sharīʻah to strengthen the achievement of Sustainable Development Goal (SDG) 8 on decent work and economic growth. The research applies a qualitative design using an integrative literature review and conceptual-descriptive analysis of reputable national and international publications, including six articles from Profetika: Jurnal Studi Islam. The conceptual synthesis is complemented by a supplementary content analysis of 324 Indonesian media items deductively coded for the four analytical pillars (social capital, the five maqāṣid, SDG 8, and sustainability). Data were analysed through thematic synthesis structured around the three classical dimensions of social capital—trust, networks, and shared norms—and the five higher objectives of the Shariʻah (protection of religion, life, intellect, lineage, and wealth). The findings indicate that hafidzpreneur students manifest a distinctive form of Islamic social capital in which spiritual discipline derived from tahfidz becomes a moral substrate for entrepreneurial trust, religiously bonded networks, and internalised ethical norms. These dimensions operate as governance mechanisms that lower transaction costs, enforce Sharia compliance, and reproduce ethical conduct, thereby aligning with maqāṣid-based protection of wealth (ḥifẓ al-māl), intellect (ḥifẓ al-ʻaql), and lineage (ḥifẓ al-nasl). A supplementary content analysis of public discourse corroborates the framework: preservation of wealth (ḥifẓ al-māl) is the dominant objective, appearing in 69% of items, and 31% of items jointly invoke maqāṣid and SDG 8 markers, while social capital operates largely as an implicit mechanism of collaboration and trust. The study proposes a Maqāṣid-based model in which social capital translates into decent work, productive employment, and inclusive growth consistent with SDG 8. The novelty lies in connecting the under-explored hafidzpreneur phenomenon with social-capital theory and maqāṣid governance, offering a value-based pathway for sustainable Sharia economic development in Indonesia.

This study aims to identify internal and external factors that influence the success of marketing Islamic insurance policy waqf in Indonesia

This study examines the concept of property (al māl) through the lens of the four schools of Islamic jurisprudence Hanafi, Maliki, Shafi'i, and Hanbali as a legal discipline oriented toward determining the validity or invalidity (al ḥukm) of a practice within mu'āmalah māliyyah. Unlike exegetical studies preoccupied with the meaning of verses, this article concentrates on the formulation of rulings (al aḥkām) and legal maxims (al qawāʻid al fiqhiyyah) concerning the definition, criteria, and legal consequences of property. The research employs a qualitative normative legal approach grounded in a literature review, selecting opinions according to the mu'tabar or al muʻtamad (authoritative) criterion within each school. The data are analysed through comparative (muqāranah) and conceptual techniques by constructing five evaluative markers: taʻyīn, qīmah, qabḍ, manfaʻah mubāḥah, and ḍamān. The findings reveal that the four schools differ in emphasis, whose roots can be traced to their respective uṣūl al fiqh methodologies, yet such differences can be woven into a single operational evaluative framework applicable to various contemporary forms of property, ranging from digital assets and cryptocurrencies to intellectual property rights and modern Islamic financial instruments. The study concludes that the classical fiqh framework remains relevant and flexible as long as its foundational maxims are applied consistently and supported by the rulings of contemporary fatwa institutions. 

This study aims to analyze the factors influencing the success of Islamic Boarding School-based MSMEs and their impact on the economic independence of Islamic boarding schools.

Objective: Education and digital skills are increasingly recognized as key resources for strengthening entrepreneurial capacity and business sustainability. This study examines the influence of education on Micro- Small Entrepreneurs empowerment and investigates the mediating role of digital skills among micro-small entrepreneurs in Indonesia. Method: This study employed a quantitative approach using Structural Equation Modelling Partial Least Squares (SEM-PLS). Data were collected from 108 valid micro-small entrepreneurs operating in the food, fashion, and retail sectors across West Java Province, Indonesia. The proposed model assessed the relationships among education, digital skills, and Micro- Small Entrepreneurs empowerment. Results: The results indicate that education has a positive and significant effect on digital skills and Micro- Small Entrepreneurs empowerment. Digital skills also significantly enhance Micro- Small Entrepreneurs' empowerment. Furthermore, digital skills partially mediate the relationship between education and Micro- Small Entrepreneurs empowerment, suggesting that educational attainment contributes to entrepreneurial empowerment both directly and indirectly through improved digital capabilities. Implications: The findings highlight the importance of strengthening entrepreneurship education and digital literacy programs to foster inclusive and sustainable Micro- Small Entrepreneurs development. Policymakers, educational institutions, and development agencies should prioritize initiatives that simultaneously enhance educational attainment and digital competencies among micro-entrepreneurs. Originality or Novelty: This study extends the Micro- Small Entrepreneurs empowerment literature by integrating education and digital skills within a single analytical framework and empirically demonstrating the mediating role of digital skills in explaining how education translates into entrepreneurial empowerment among Indonesian micro-small enterprises.

Objective: Education and digital skills are increasingly recognized as key resources for strengthening entrepreneurial capacity and business sustainability. This study examines the influence of education on Micro- Small Entrepreneurs empowerment and investigates the mediating role of digital skills among micro-small entrepreneurs in Indonesia. Method: This study employed a quantitative approach using Structural Equation Modelling Partial Least Squares (SEM-PLS). Data were collected from 108 valid micro-small entrepreneurs operating in the food, fashion, and retail sectors across West Java Province, Indonesia. The proposed model assessed the relationships among education, digital skills, and Micro- Small Entrepreneurs empowerment. Results: The results indicate that education has a positive and significant effect on digital skills and Micro- Small Entrepreneurs empowerment. Digital skills also significantly enhance Micro- Small Entrepreneurs' empowerment. Furthermore, digital skills partially mediate the relationship between education and Micro- Small Entrepreneurs empowerment, suggesting that educational attainment contributes to entrepreneurial empowerment both directly and indirectly through improved digital capabilities. Implications: The findings highlight the importance of strengthening entrepreneurship education and digital literacy programs to foster inclusive and sustainable Micro- Small Entrepreneurs development. Policymakers, educational institutions, and development agencies should prioritize initiatives that simultaneously enhance educational attainment and digital competencies among micro-entrepreneurs Originality or Novelty: This study extends the Micro- Small Entrepreneurs empowerment literature by integrating education and digital skills within a single analytical framework and empirically demonstrating the mediating role of digital skills in explaining how education translates into entrepreneurial empowerment among Indonesian micro-small enterprises.

This study aims to analyze the development of research on the legal transformation of zakat and waqf in Indonesia through a Systematic Literature Review (SLR) combined with bibliometric analysis. The legal transformation of zakat and waqf refers to the shift from personal religious obligations into nationally regulated legal and economic instruments governed by formal institutions. The research used a mixed method approach by combining bibliometric analysis using VOSviewer software and a systematic literature review of articles indexed in the Scopus database for 60 articles indexed in Scopus during the 2020–2025 period. The findings indicate a significant increase in publications related to zakat and waqf during the observed period. Network visualization identifies four dominant themes: institutionalization of zakat and waqf, governance and accountability, Islamic social finance, and digitalization and financial technology. Overlay visualization reveals a shift in research focus from normative discussions toward institutional governance, digital waqf innovation, and the effectiveness of Islamic social finance institutions. The study concludes that the legal transformation of zakat and waqf in Indonesia reflects not only the formal incorporation of Islamic norms into the national legal system but also the integration of Islamic law, modern governance, and maqasid al-shariah-oriented economic development. This research contributes to the Islamic economic law literature by providing an integrative perspective on the relationship between regulation, institutional development, and socio-economic transformation in zakat and waqf management.

This study addresses the growing juridical and ethical challenges surrounding crypto assets within Islamic law, particularly the absence of an integrated and auditable framework for determining their status as wealth (al-māl). Existing studies predominantly focus on general halal–haram judgments, single-token analyses (such as Bitcoin or stablecoins), or regulatory and fatwa-based discussions, without systematically mapping different crypto token typologies against classical fiqh definitions of wealth and Qurʼānic–Sunnah-based positions of property. This gap results in fragmented legal reasoning and normative uncertainty in Sharīʿah decision-making. To the best of our knowledge, this is the first study to construct a cross-school Sharīʿah evaluation matrix that simultaneously covers all five major crypto token typologies—utility, security, asset-backed (including stablecoins), DeFi, and NFTs—using five classical fiqh wealth indicators distilled from all four Sunni schools (Ḥanafī, Mālikī, Shāfiʿī, and Ḥanbalī): taʿyīn (clarity of object/right), qīmah (lawful value), qabd (delivery/possession), manfaʿat mubāḥ(lawful benefit), and dhamān (liability). The matrix is anchored to five Qurʼānic wealth positions and constrained by the 2021 MUI ruling, and operationalized through a transparent three-point scoring rubric with explicit decision thresholds, enabling replicable and auditable assessments. Employing a juridical-normative research design with qualitative content analysis, the study examines Qurʼānicverses, Prophetic traditions, classical fiqh doctrines, contemporary scholarly literature, fatwas, and technical documentation of crypto tokens. The findings indicate that crypto assets cannot be judged uniformly; their Sharīʿah status depends on the clarity of rights, underlying value, delivery mechanisms, benefit legality, and enforceable liability. Asset-backed tokens and certain security tokens demonstrate the highest potential for conditional permissibility (scoring 11–14 out of 15), while utility tokens, DeFi tokens, and NFTs require stricter Sharīʿah controls due to higher risks of speculation, uncertainty, and governance deficiencies (scoring 6–10). Concrete case illustrations of Bitcoin, Ethereum, USDT, USDC, Uniswap, and NFT platforms are provided to demonstrate the practical application of the framework. This matrix offers a replicable, auditable tool for Sharīʿah supervisory boards, regulators, and fintech practitioners to assess new and emerging digital assets consistently under Islamic law.

The study methodically examines sukuk as an Islamic capital market instrument, with a focus on key issues, regulatory debates, and sustainability implications between 2015 and 2025. The study employed the Systematic Literature Review (SLR) method in line with PRISMA guidelines. From this process, 127 articles were initially retrieved from the Scopus database. Following a screening process, 28 articles were identified as the primary sample. The study employed qualitative thematic synthesis and descriptive bibliometric mapping to discern trends, identify gaps, and highlight emerging research themes. The study finds six primary clusters of sukuk issues: (i) sustainability and contribution of green sukuk; (ii) regulatory and legal considerations; (iii) investor behaviour shaped by multidimensional investment motives; (iv) market risks and interconnections across assets during crisis periods; (v) responsiveness of sukuk issuance to macroeconomic and geopolitical impacts; and (vi) transparency, literacy, and governance issues. The study highlights several limitations in the current literature, such as limited databases, a narrow geographic scope, the occurrence of normative and descriptive methodologies, a limited temporal focus on specific crisis periods, and fragmentation across themes. The study proposes a roadmap for future research that includes expansion of multi-source bibliometric database, evaluation of regulations through empirical approaches, development of a mixed-methods model for assessing the effectiveness of green sukuk policies, investor behaviour analysis across different countries, and longitudinal research on market risk and sukuk resilience in both normal and crisis conditions.

Pendahuluan: Navigasi Intelektual dalam Bimbingan Skripsi
Dalam proses penyusunan skripsi, bimbingan akademik sering kali dipahami secara keliru. Banyak mahasiswa datang kepada dosen pembimbing dengan harapan mendapatkan dorongan moral, kata-kata penyemangat, atau bahkan validasi emosional. Padahal, hakikat bimbingan skripsi bukanlah ruang konseling motivasional, melainkan forum akademik untuk mengambil keputusan ilmiah. Kalimat “bimbingan itu minta keputusan, bukan minta semangat” mencerminkan realitas penting yang kerap terabaikan dalam dunia akademik.
Skripsi adalah karya ilmiah yang menuntut kejelasan arah, ketegasan metodologis, dan konsistensi logis. Semua itu hanya dapat dicapai melalui keputusan-keputusan yang tepat, bukan sekadar rasa percaya diri atau motivasi sesaat. Oleh karena itu, pemahaman yang tepat tentang makna bimbingan menjadi kunci keberhasilan mahasiswa dalam menyelesaikan skripsi secara tepat waktu dan bermutu.
Pergeseran paradigma dari bimbingan berbasis emosi ke bimbingan berbasis keputusan sangat krusial karena skripsi merupakan bentuk ujian kemandirian berpikir. Mahasiswa seringkali terjebak dalam "kecemasan akademik" yang membuat mereka mencari perlindungan emosional daripada solusi teknis (Hidayat & Nurhayati, 2021). Padahal, ketergantungan pada motivasi luar hanya akan memperlambat proses penelitian karena motivasi bersifat fluktuatif, sedangkan keputusan ilmiah bersifat permanen dan progresif. Tanpa keputusan yang tegas terhadap draf yang diajukan, mahasiswa akan terus berada dalam ketidakpastian yang justru meningkatkan tingkat stres mereka di kemudian hari.
Dalam konteks manajemen riset, setiap sesi pertemuan antara dosen dan mahasiswa haruslah menghasilkan sebuah output yang konkret. Bimbingan yang efektif adalah bimbingan yang berhasil mereduksi

This study examines the influence of Zakat, Infaq, and Sadaqah (ZIS) funds and Islamic banking financing on poverty, the Human Development Index (HDI), and economic growth in Indonesia. Despite stable economic growth of around 5% amid global uncertainty, Indonesia faces a paradox where growth has not been fully accompanied by poverty reduction and equitable income distribution. This research employs panel data regression using provincial-level data from 2018 to 2024, analyzing both direct and indirect effects through mediating variables. The results indicate that ZIS funds have a positive and significant effect on HDI, reflecting their contribution to improving community welfare. However, ZIS funds also show a significant positive effect on poverty and a negative effect on economic growth, suggesting that current distribution patterns have not effectively enhanced productivity or reduced poverty in the short term. Meanwhile, Islamic financing has a positive and significant impact on HDI, but its effects on poverty and economic growth are statistically insignificant. These findings imply that both ZIS funds and Islamic financing contribute to welfare improvement but have not yet optimally supported inclusive economic growth. Therefore, a shift toward productive-based ZIS distribution and strengthened financial inclusion, particularly in the MSME sector, is essential.

The effectiveness of State Revenue and Expenditure Budget (Anggaran Pendapatan dan Belanja Negara/APBN) management plays a crucial role in driving economic growth and improving societal welfare, as reflected in GDP growth. This study aims to analyze the effectiveness of APBN management across three presidential periods in Indonesia based on inflation and GDP indicators, while providing insights to enhance the understanding of fiscal management in supporting economic stability. This study uses a quantitative correlational design with descriptive analysis, utilizing secondary data on inflation and GDP from the Indonesian Central Statistics Agency to proportionally compare trends through numerical and graphical presentation. To assess the effectiveness of the APBN, the researcher utilizes a quantitative research method with data description using Data Envelopment Analysis and an efficiency scale ranging from 0 to 1. The results indicate that inflation remained relatively stable and GDP showed positive growth across the three periods, despite external shocks. Economic stability was maintained during Soeharto’s era, remained resilient during the 2008 global crisis under Susilo Bambang Yudhoyono, and continued under Joko Widodo until experiencing a contraction in 2020 due to the Covid-19 pandemic. These findings provide insights for improving APBN management in maintaining economic stability.

Sharia-based retail businesses, such as sharia minimarkets, have grown to meet the rising demand for halal
products among Muslim consumers, yet brand loyalty in this sector remains underexplored. This study aims to
examine the influence of religiosity, brand image, and perceived value on brand loyalty among 201 Muslim
consumers in Jakarta, Bogor, Depok, Tangerang, and Bekasi (Jabodetabek). The study employs an explanatory
quantitative method with Structural Equation Modeling–Partial Least Squares (SEM-PLS) analysis. The results
indicate that religiosity, brand image, and perceived value each have a positive and significant effect on brand
loyalty. Furthermore, religiosity significantly enhances both brand image and perceived value. The findings
highlight the strategic importance of integrating religious values into branding and customer value creation to
strengthen loyalty in the Islamic retail sector.