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AL-FALAH : Journal of Islamic Economics
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This is an Open Access Journal

Open Access journal
ISSN (Print) 2548-2343 - ISSN (Online) 2548-3102
Published by Institut Agama Islam Negeri (IAIN) Curup

[13 journals]

Corporate Social Responsibility of Islamic Banks: CSR website visibility,
CSR initiatives, CSR strategy
- Authors: Tahreem Noor Khan
  First page: 166
  Abstract: Purpose: The concept of Corporate Social Responsibility (CSR) has been widely known in the Islamic banking sector yet there is criticism and lack of trust which exists among stakeholdersDesign/Method/Approach: To reduce negative concern and to fill the gap in the literature, this research reinforces the integration of ethical and moral principles in the banking business.Findings: One of the integral and core elements of Islamic economics is ‘falah’; which focuses on wellness and the concept of reward in this world and hereafterOriginality/Values: To fulfil the needs of the ethical aspect of Islamic banks which leads to ‘falah’, this research has extracted the underlying theoretical issues of Islamic bank Corporate Social Responsibility (web visibility, initiatives, strategy). This research also determines the extent of CSR visibility in twelve leading Islamic banks’ corporate websites.
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3091
  Issue No: Vol. 6, No. 2 (2021)
The Optimalization of Zakah Distribution During Covid-19 Pandemic Using
Data Envelopment Analysis (DEA) Method at Badan Amil Zakat Nasional
(BAZNAS) Indonesia
- Authors: Yosi Maytesa, Mega Ilhamiwati
  First page: 180
  Abstract: Purpose: The purpose of this paper is to assess the level of optimality of zakat institutions to deal with the economic crisis during the Covid-19 pandemic.Design/Method/Approach: In this research, the measurement of efficiency of zakat distribution during the Covid-19 pandemic at badan amil zakat nasional (BAZNAS) has been carried out using data envelopment analysis (DEA) method.Findings: The result is the mean of zakah distribution relative efficiency are 70 %. Finally, some suggestion for evaluating the distribution of zakat in the future has been discussed.Originality/Values: The contribution of this research is to obtain the efficiency value of zakat distribution during the Covid-19 pandemic. So that with the result, the management of zakat distribution at BAZNAZ can improved and evaluated.
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3584
  Issue No: Vol. 6, No. 2 (2021)
Bibliometric Analysis of Research of Cash Waqf Using Vosviewer
- Authors: Nil Firdaus, Rizal Rizal
  First page: 198
  Abstract: Purpose: Cash Waqf becomes an important issue as a solution to improve the welfare of today’s’ societies. The various studies have been conducted both theoretically and empirically to produce findings in the cash waqf study. This study aims to map writings related to cash waqf.Design/Method/Approach: This research is a quantitative descriptive research through mapping research on cash waqf.Findings: The results of the study showed that writing using the search for cash waqf titles indexed Scopus is as many as 43 documents. While the title search with the word Cash Waqf on Google Scholar as many as 529 documents. Scopus's most-cited indexed journal usurious piety: The Cash Waqf Controversy in the Ottoman Empire was written by J. Mandaville for 79 citations. While on Google Scholar writing with the title Cash waqf and its influence on poverty alleviation program in Indonesia by M Nur al-Arif as many as 451 citations.Originality/Values: The main contribution to this study is to find out the extend of research on cash waqf and the rarely studied themes about cash waqf.
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3485
  Issue No: Vol. 6, No. 2 (2021)
Potential and Optimization of Waqf Land Empowerment in South Tapanuli
Regency
- Authors: Damri Batubara, Windari Windari, Abdul Nasser Hasibuan, Annida Karima Sovia
  First page: 214
  Abstract: Purpose: This paper discusses about maximization the land waqf assets of south Tapanuli Regency reached an area of 108.07 (Ha) with a total of 411 land waqf assets,both certified and uncertified, but the condition did not develop all. Meanwhile, the mandate of the law of the republic of Indonesia number 41 of 2004 in articles 42-43 emphasizes that nazir is obliged to manage and develop waqf assets in accordance with their objectives, functions and designations with sharia principles cerried out productively.Design/Method/Approach: This research is a qualitative research with descriptive method. The subjects were waqf land asset, nazir and nazir institutions of waqf land assets in south Tapanuli regency. The population is 411 and the sample is 20 %. Data collection techniques in the form of observation, interview documentation and literature review.Findings: From this study we found thatthe potential of human resources of land waqf assets has great potential in managing and empowering land waqf assets, but this potential is not optimally empowered because of the unsupportive perception of nazir, lack of responsibility, passed away, relocation, and did not implement his duties as nazir and waqf land assets are idle. The another obstacle are financial capital that is not supported, nazir’s salary is not clear and does not have an entrepreneurial spirit (such as creative spirit, innovation, skills in empowering waqf land assets).Originality/Values: understand nazir that the importance of land waqf is productively empowered
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3515
  Issue No: Vol. 6, No. 2 (2021)
The Existance of National Sharia Arbitration Agency in The Settlement of
sharia-law banking dispute In Rejang Lebong District
- Authors: Laras Shesa, Harianto Wijaya M
  First page: 230
  Abstract: Purpose: The purpose of the study was to figure out how the existence of the national sharia arbitration body was in the settlement of sharia banking disputes in Rejang Lebong district. With the writhing of sharia-based economies, it certainly does not seal the possibility of a problem arising from it. In terms of matters resolved without need to to the realm of the court whether it has gone through a national sharia arbitration body or not yet.Design/Method/Approach: In the drafting of this article the author uses a qualitative approach. To search for data in this study constituents used interview methods with specific respondents. Analyzed it with deductive techniques. So that it could be narrated the results of those findings.Findings: The findings in this study turned out that the existence of national sharia arbitration agencies was still minimal, this being because of some of the first minimal financial or business institutions that used sharia foundations as a foundation in transacting. Second, still the lack of community understanding of the existence of national sharia arbitration institutions. For the problem settled ligitally only, many did not yet know it should be settled in the Court of Religion. Many societies who assume such things will be settled in ordinary public courts. Third, based on the recognition of bank leaders using the principle of sharia transactions, there was indeed no dispute at the bank yet.Originality/Values: The conclusion that can be drawn from research findings is the absence of existence from national arbitration agencies within the economic problems of the community of Rejang Lebong County
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3519
  Issue No: Vol. 6, No. 2 (2021)
Business Unit Management Model After the Implementation of the Regulation
of The Minister of Religious Affair (pma) No 19 of Year 2017
- Authors: Erwin Erwin, Misneli Misneli
  First page: 250
  Abstract: Purpose: The Paper is to to find out changing management model of State Islamic University (UIN) business units in Indonesia after the change of Institutional status from State Islamic Institute (IAIN) to State Islamic University (UIN) in accordance with PMA No.19 Year 2017.Design/Method/Approach: This study uses a descriptive analysis. It The research employed a mixed method between qualitative research methods and quantitative methods. Quantitative method was used because this research also distributed questionnaires related to environmental responses to the existence of business development units while the qualitative method was used to describe the condition of the Business Development Unit in each university using Research and Development model.Findings: The results of this paper are designed management from whole of problems found in each UIN after the status converted.Originality/Values: The main contribution of this study concern on management model of UIN business in Indonesia after the change of Institutional status from state Islamic Institute to state Islamic university in accordance with PMA no 19 2017.
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3453
  Issue No: Vol. 6, No. 2 (2021)
Implementing Halal Industry Management and Environment Conservation Based
on Maqashid Sharia
- Authors: Ahmad Erwaedy, Pardiman Pardiman, Syahril Syahril, Ach. Andiriyanto
  First page: 268
  Abstract: Purpose: Ecosystem problems are an increasingly complex and serious global problem faced by human beings around the world. More and more production with the use of modern technology to exploit nature continuously resulted in the declining quality of the environment. The core of a green economy is low carbon growth, resource efficiency, and social inclusivity, which have implications for sustainable development, energy management, a green economy in urban areas, as well as green business. This is in accordance with the values in Islamic economics, especially analyzed from the Maqashidal-Shariah point of view. This study intended to give an overview of halal industry management and environment conservation in the view of Maqashid ShariaDesign: This study was a literature study to overview the management of halal industry and environment conservation in the view of Maqashid Sharia.Findings: Economic dissemination with the universal values of Maqashid Sharia (linking environmental issues with aspects of sharia objectives) in fiqh al-bi'ah resulted in a decrease in the passive attitude of the community. The basis of the green economy on the problem of inequality caused by the unequal distribution of green production factors can be overcome based on the principles of al-adl (justice), Maslahah (public interest) and Musawah (equality).Originality/Values: Various obstacles that arise will be overcome because the purpose of Sharia is a concept based on the guidelines set by the Creator.
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3504
  Issue No: Vol. 6, No. 2 (2021)
Development Model Micro, Small and Medium Enterprise
- Authors: Delima Sari Lubis, Zulaika Matondang
  First page: 286
  Abstract: Purpose: Analyzing problems about the factors that influence the development of SMEs in Mandailing Natal. Finding the right model to develop MSMEs in Mandailing Natal.
  Design/Method/Approach: This research using a qualitative-quantitative approach, with the Analytic method Network Processing (ANP).
  Findings: The factors that influence the development of MSMEs in Mandailing Natal Regency are human resources, community culture, business management, regulation, competitiveness, capital, and marketing.
  Originality/Values: Appropriate model to develop MSME in Mandailing Natal district is One Village One Product (OVOP) model based on triple Helix and application of Triple-T Technology Revolution.
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3510
  Issue No: Vol. 6, No. 2 (2021)
Measuring The Level of Knowledge and Awareness of The People in Jambi
Province Pay Zakat Through E-Commerce
- Authors: Paulina Lubis, Rafiqi Rafiqi, Ary Dean Amri, Fitri Widiastuti
  First page: 292
  Abstract: Purpose: This paper examines the level of knowledge and awareness of the Jambi province community in issuing zakat through the e-commerce payment system.Design/Method/Approach: This study uses descriptive analysis by applying a quantitative approach to obtain information and collect the required data through google forms. Observation and literature study were also applied to expand the secondary data. The method is carried out to see the model of knowledge, awareness people pay zakat through e-commerce. Can it speed up the collection and distribution of zakat funds to people in need'Findings: The results showed that the level of knowledge and public awareness distribute zakat through e-commerce had a significant positive effect on the acceleration in the collection of zakat funds. The greater the level of knowledge and public awareness in the use of e-commerce, it can help accelerate the collection and distribution of zakat funds in Jambi Province.Originality/Values: The main contribution of this research is the existence of payment services and distribution of zakat funds by e-commerce which is very helpful and fosters awareness and knowledge of the Muslim community who wants to pay zakat without having to meet face to face, and Islamic law remains valid
  PubDate: 2021-12-17
  DOI: 10.29240/alfalah.v6i2.3516
  Issue No: Vol. 6, No. 2 (2021)