Integrasi Ilmu dan Praktik dalam Manajemen Syariah
This paper examines the intersection between the philosophy of science (epistemology, methodology, and ontology) and the development of Islamic management theory and practice. Using a critical literature review (library research), the study explores how Islamic epistemological foundations — including revealed sources and rational inquiry — shape paradigms, methods, and objectives in Islamic management (manajemen syariah). The review finds that integrating philosophy of science with maqāṣid al-sharīʿah and Islamic epistemology fosters a management model that pursues not only economic efficiency but also social welfare, justice, and ethical accountability. Recommendations include developing multi-method research approaches (hermeneutic-theoretical combined with empirical methods), embedding shariah values into performance metrics, and involving religious scholars in organizational policy design. Theoretical and practical implications for scholars, policymakers, and Islamic organizational.
Philosophy Of Science, Islamic Epistemology, Islamic Management, Maqashid Al-Shariah
Copyright (c) 2025 Jessika Gafur Lamba (Author) https://creativecommons.org/licenses/by/4.0
Perlindungan Hak Konsumen dalam Jual Beli Online: Analisis Prinsip Khiyār dalam Fikih Muamalah dan Relevansinya dengan Hukum Indonesia
The development of digital technology has changed transaction patterns from conventional to online buying and selling, which presents both opportunities and risks for consumers. Issues such as defective goods, mismatched descriptions, and difficulties in returns indicate the need for stronger legal protection. In muamalah fiqh, the principle of khiyār gives the transacting parties the right to continue or cancel a contract based on certain conditions, including khiyār kondisi, khiyār majlis, khiyār aib, and khiyār ru’yah. This study aims to analyze the relevance of the principle of khiyār as a basis for consumer protection in online buying and selling and examine its compliance with Indonesian positive law. The research method used is descriptive qualitative with a literature study approach and normative-comparative analysis. Data sources consist of classical fiqh literature, laws and regulations, and previous research results. The results of the analysis show that khiyār aib and khiyār ru’yah are highly relevant in the context of e-commerce, because they provide the basis for consumer rights to return and refund. The integration of the principles of khiyār and Law Number 8 of 1999 strengthens consumer protection both legally and ethically. This study concludes that the implementation of khiyār can complement positive law, increase consumer awareness, and encourage fairer and more transparent online business practices.
Khiyār, Consumer Protection, Online Buying and Selling, Muamalah Jurisprudence, E-commerce
Copyright (c) 2025 Achmad Alfian Saputra, Nailan Nabila (Author) https://creativecommons.org/licenses/by/4.0
Analisis Perbedaan Kinerja Keuangan Bank Syariah Menurut Standar AAOIFI
This study aims to qualitatively analyze the differences arising in the measurement of financial performance of Islamic banks when measured using AAOIFI Financial Accounting Standards compared to accounting standards in force in Indonesia. This study uses qualitative research library studies with content analysis and comparative interpretation to understand the philosophical and practical impact of standard differences on key performance indicators. The results of the analysis indicate that the measurement of the financial performance of Islamic banks will be materially different when using the AAOIFI framework compared to PSAK Syariah, mainly due to differences in the philosophy of AAOIFI standards oriented to Sharia normative compliance, while PSAK oriented to economic decision-making. This key divergence affects the calculation of profitability ratios and AAOIFI's emphasis on social reporting as well as comprehensive sharia compliance audits, so that AAOIFI provides a more holistic and accurate picture of performance in accordance with the objectives of Maqashid Sharia. The implication of this study is that Islamic banks in Indonesia need to consider harmonizing their financial reporting standards towards the AAOIFI framework to achieve more accurate, holistic, and aligned performance transparency with the principles of Maqashid Sharia, in order to improve global competitiveness.
Financial Performance; Islamic Banks; AAOIFI
Copyright (c) 2025 Jhody Wiraputra, Okta Sari, Ridwansyah Ridwansyah (Author) https://creativecommons.org/licenses/by/4.0
Efektivitas Manajemen Pembiayaan Ijarah Multijasa pada Layanan Pembiayaan FIF Group
Ijarah Multijasa financing has become one of the essential instruments in the development of Islamic financial services in Indonesia, particularly in supporting the financing needs of pilgrimage activities such as Hajj and Umrah. However, the effectiveness of financing management within non-bank institutions such as FIF Group has received limited scholarly attention. This study aims to analyze the effectiveness of Ijarah Multijasa financing management for Hajj and Umrah advance funds provided through the Amitra unit of FIF Group. The research employs a descriptive qualitative approach, with data collected through in-depth interviews, observation, and documentation, involving Amitra employees and customers as key informants. The findings indicate that the financing implementation adheres to sharia principles, as shown by the proper analysis of customer eligibility, the absence of late payment penalties, the non-imposition of early settlement penalties, and the transparent explanation of the contract prior to signing. The reminder system implemented by Amitra also contributes to timely installment payments. Nonetheless, customer understanding of sharia contractual concepts still requires improvement. This study offers theoretical implications concerning the importance of sharia compliance in financing management and practical recommendations to strengthen customer education and communication for enhancing the quality of Islamic financing services.
Ijarah Multijasa; Islamic Financing; Hajj Advance Funds; Financing Management; FIF Group
Copyright (c) 2025 Andi Lisa Aryani Hamjan, Hasanah, Muhammad Fakhri Amir (Author) https://creativecommons.org/licenses/by/4.0
Local Economic Transformation through International Collaboration: Optimizing the Creative Economic Potential of Edelweiss Flowers Based on Sharia Principles
This Community Service Program (PKM) aims to support local economic transformation among the Tengger Tribe by optimizing creative economic potential based on the edelweiss flower through a sharia-based framework and international collaboration between Indonesian universities that are members of APSKPS and Malaysian universities. A participatory approach was applied through observation, interviews, focus group discussions, documentation, and direct educational mentoring for local micro‐entrepreneurs. The findings reveal improved Islamic financial literacy, enhanced portable digital marketing capacity, and strengthened ecological awareness regarding the conservation of edelweiss as a culturally valuable yet environmentally sensitive species. Collaboration with USIM, UiTM, and UKM enabled cross-country knowledge transfer that enriched empowerment strategies and broadened the community’s orientation toward sustainable creative economy development. This program integrates Islamic spiritual-ecological values, environmental preservation, and digital innovation into a single framework rooted in maqashid shariah. The results indicate that economic utilization of edelweiss does not require harvesting from natural habitats, but can be developed through non-destructive derivative products and creative digital content grounded in local culture. This model serves as an example of inclusive, sustainable, and socially just community empowerment.
Copyright (c) 2025 Ismawati, I Nyoman Budiono, Hastin Tri Utami, Andi Bahri S, Inarotul A'yun, Dewi Maharani, Mitra Sami Gultom, Atina Hidayati, Nuur Halimatus Saadiah Masrukhin, Hanim Misbah, Siti Kadariah (Author) https://creativecommons.org/licenses/by/4.0
Strengthening Sharia Financial Literacy and Portable Marketing for the Tengger Tribe Community
This community service program aims to enhance the economic independence of the Tengger Tribe through strengthening Islamic financial literacy and portable digital marketing skills. The program was conducted as an international collaboration between Indonesian universities that are members of APSKPS and Malaysian universities, namely Universiti Sains Islam Malaysia (USIM), Universiti Teknologi MARA (UiTM), and Universiti Kebangsaan Malaysia (UKM). The study employed a Participatory Action Research (PAR) approach, involving the community actively in each stage of the program, from planning to implementation and evaluation. The results indicate an increased understanding among participants regarding Islamic financial principles, including contracts such as mudharabah, musyarakah, and murabahah, as well as the application of simple financial record-keeping in small enterprises. Moreover, the portable marketing training encouraged local entrepreneurs to utilize digital platforms such as WhatsApp Business and Instagram to promote Tengger’s local products to a broader market. This program successfully fostered cross-country academic collaboration and demonstrated that the synergy between education, Islamic values, and digital technology can serve as an effective strategy in developing an equitable and competitive indigenous economy.
Copyright (c) 2025 Saiful Bakhri, I Nyoman Budiono, Sulistyowati, Siti Hasanah, Ahmad Fauzan Mubarok, Khotibul Umam, Nadia Azalia Putri, Ana Pratiwi, Hasnah Haron, Nur Aima Shafie, Siti Kadariah (Author) https://creativecommons.org/licenses/by/4.0
Hukum Menggadaikan Harta Pinjaman Menurut Hukum Islam
Pawning is pledging property as collateral for the debt borrowed. However, if the status of the mortgaged property is the result of borrowing, of course there are views regarding the legal status of pawning borrowed assets. The purpose of this research is to find out about the legal status of pawning borrowed assets according to Islamic law. The research method is a qualitative method which aims to understand in depth the law of pawning borrowed assets according to Islamic law. The data in this research are in the form of documents, books and journals related to this research. This research also uses data collection techniques using the literature study method (library research). The results of this research can be concluded that pawning loaned assets is permitted on condition that the owner of the property gives permission. In Islam, loaned assets are only used as collateral, there is no transfer of ownership, so that the loan proceeds can also be used as collateral in pawning. This research is expected to increase insight into Islamic treasures, especially in the field of sharia economics.
Copyright (c) 2025 Angga lestari Nugraha (Author) https://creativecommons.org/licenses/by/4.0
Bibliometric Mapping of Islamic Green Economy Research: Trends, Networks, and Emerging Themes
The rapid growth of the global Islamic economy, with Sharia financial assets projected to reach USD 9.75 trillion by 2029, demands the transformation of Sharia accounting systems through artificial intelligence (AI) implementation. This study analyzes the impact of AI on the transformation of Sharia accounting systems from a global perspective using qualitative methods through library research examining recent academic sources. The results reveal that AI enhances Sharia compliance monitoring accuracy by up to 92% through natural language processing (NLP), but faces complex challenges including regulatory disparities, algorithmic biases, and technological infrastructure gaps between GCC, Southeast Asia, and Africa regions. Key findings emphasize the need for an ethical framework based on maqasid al-shariah and localized AI adoption strategies. The research contributes to the development of a hybrid intelligence model integrating AI with human expertise and an ethical AI certification framework for Sharia accounting. This study recommends multisectoral collaboration to ensure digital transformation aligned with Islamic values.
Bibliometrics, Islamic Green Economy, Trends
Copyright (c) 2025 Ainul Fatha Isman, Syahriyah Semaun, Muh. Ahsan Kamil, Ali Wardani, Muhammad Rasyid Ridlo (Author) https://creativecommons.org/licenses/by/4.0
Analisis Pengelolaan dan Efektivitas Zakat Produktif terhadap Pemberdayaan Pedagang Kaki Lima: Studi pada BAZNAS Kota Jambi
This study aims to analyze the management and effectiveness of productive zakat distributed by the National Amil Zakat Agency (BAZNAS) of Jambi City in empowering street vendors. Productive zakat is viewed as a strategic instrument for transforming mustahik (zakat recipients) into muzakki (zakat payers) through enhanced business capacity and income growth. This research employs a normative-empirical approach with a qualitative descriptive method, combining legal analysis of zakat regulations—particularly Law Number 23 of 2011 on Zakat Management and BAZNAS regulations—with field data obtained through interviews and observations involving administrators and beneficiaries. The results indicate that the management of productive zakat at BAZNAS Jambi City has been in accordance with Islamic law principles and positive legal norms, encompassing planning, distribution, mentoring, and evaluation stages. However, its effectiveness in economic empowerment remains suboptimal due to limited capital, insufficient business assistance, and low financial literacy among beneficiaries. This study concludes that enhancing managerial capacity and continuous mentoring are key to achieving the objectives of productive zakat in accordance with maqāṣid al-syarī‘ah, particularly in preserving wealth (ḥifẓ al-māl) and promoting social welfare.
Zakat Productive, Empowerment, Street Vendors, BAZNAS
Copyright (c) 2025 Maryani, Deni Wijaya, Fitri Angre Yani, Aldri Zaini Ladista, Agung Dwi Andreanto, Supian Suri Barus (Author) https://creativecommons.org/licenses/by/4.0
The Influence of Knowledge, Image, and Service of Islamic Banks on Adoption of Sustainable Financial Practices: Evidence from University Students in Indonesia
This study aims to analyze the influence of Islamic financial literacy, bank image, and perceived service quality on students’ decisions to adopt Islamic banking in Indonesia. Using a quantitative survey approach, data were collected from students through structured questionnaires and statistically analyzed to examine the relationships among variables. The findings reveal that a high level of Islamic financial literacy, a positive bank image, and favorable perceptions of service quality collectively enhance students’ intentions to use Islamic banking services. These results indicate that improving literacy, credibility, and service quality can foster greater trust and participation of young generations in Islamic finance. The study underscores the importance of education-based strategies, brand reputation, and digital service excellence in strengthening the role of Islamic banks in promoting sustainable and inclusive financial development.
Islamic banking; financial literacy; sustainable finance
Copyright (c) 2025 Fajrunas Alqodri (Author) https://creativecommons.org/licenses/by/4.0
Women’s Empowerment Through Collateral-Free Credit (Case Study of the An-Nisa Pati Cooperative)
Women's empowerment is a top priority in Indonesia's economic development, aligned with the Sustainable Development Goals (SDGs), particularly SDG 5 on gender equality and SDG 8 on economic growth and decent work. However, women still face significant barriers in accessing formal financing. This study aims to analyze the role of the An-Nisa Pati Cooperative as a local institutional innovation in providing access to collateral-free microcredit and its impact on women's economic empowerment. The research method used a descriptive qualitative approach with in-depth interviews, participant observation, and document analysis. The results show that the An-Nisa Cooperative not only opens access to financing for women in microenterprises, agriculture, and informal businesses, but also increases women's self-confidence, social solidarity, and economic participation. The implications of this study emphasize the importance of strengthening community-based institutions as an effective strategy to address structural inequalities and promote gender mainstreaming in local economic development.
Copyright (c) 2025 Daris Zunaida, Endang Suswati, Sugeng Mulyono, Jamal Abdul Nasir (Author) https://creativecommons.org/licenses/by/4.0
Bai' Al-Wafa And Hybrid Contract In Bmt Sidogiri East Java
Some Islamic financial institutions have implemented bai' al-wafa' although there is no DSN MUI fatwa that regulates directly. This academic debate results in different applications. For a person or group who views it as haram, this contract is not carried out. They prefer pawn. For groups that allow it, they apply the bai' al-wafa contract by referring to the opinions that allow it. The application of bai' al-wafa depends on which reference is used as a basis. The research uses a qualitative approach with an analytical descriptive method based on field studies. The research locus is BMT Sidogiri. Data sources are taken from BMT managers. Data collection is done by interview, observation, and documentation. The data were analyzed in accordance with the characteristics of qualitative research. This research produced several findings. First, the mechanism of bai' al-wafa is in accordance with the opinion of the Hanafi school of thought which views that this contract includes 'urf. Second, in the analysis of muamalah fiqh, the bai' al-wafa contract at BMT Sidogiri is allowed because it contains the requirements of a valid contract and contains a side of benefit. The provisions for the permissibility of bai' al-wafa>' are regulated in the Compilation of Sharia Economic Law articles 112 to 115 Third, to avoid the assumption of ribawi, BMT applies multiple contracts, namely bai al-wafa with ijarah.
Copyright (c) 2025 Dadang Zenal Mutaqin, Rudi Ahmad Suryadi (Author) https://creativecommons.org/licenses/by/4.0
Potensi Integrasi Zakat & Wakaf Berbasis Digital untuk Mencapai Tujuan Pembangunan Berkelanjutan (SDGs): Perspektif Maqashid Syariah
This study examines the potential of digital-based zakat and waqf integration as a strategic instrument to support the achievement of the Sustainable Development Goals (SDGs) through the Maqashid Sharia approach. Using descriptive qualitative methods and literature studies, this study explores how digitalization can improve efficiency, transparency, and inclusiveness in zakat and waqf management. The analysis shows that digital zakat and waqf integration aligns with the five main objectives of Maqashid Sharia: protection of religion, life, intellect, descendants, and property. Digital transformation is a catalyst for increasing public participation and equitable distribution of benefits, as well as addressing sustainable development challenges such as poverty, social inequality, and access to education. However, the implementation of this integration still faces challenges, including low digital literacy, a lack of innovation in social financial products, and limited regulations and reporting systems. Therefore, synergy between Islamic financial institutions, the government, and stakeholders is needed to build an adaptive, accountable, and sustainable zakat and waqf governance system to strengthen Islam's contribution to global development.
Copyright (c) 2025 Fajar Satriyawan Wahyudi, Muhammad Agus Setiawan, Sheema Haseena Armina (Author) https://creativecommons.org/licenses/by/4.0
The Impact of Artificial Intelligence Implementation on the Transformation of Sharia Accounting Systems in a Global Perspective
Copyright (c) 2025 Muhammad Diaz Supandi, Atha Zhalifunnas (Author) https://creativecommons.org/licenses/by/4.0
Etika Bisnis Perspektif Al-Qur'an: Studi Komparatif Pemikiran Wahbah Zuhaili dan Muhammad Abduh
This study aims to explore and compare the concept of business ethics from the perspectives of two prominent modern Islamic thinkers: Wahbah az-Zuḥaylī and Muhammad Abduh. The background of this research lies in the growing prevalence of unethical business practices in the modern era, despite ethics being a core pillar of the Islamic economic system. The study seeks to uncover normative and spiritual values that can serve as a foundation for building a just and sustainable Islamic economic framework. The research employs a qualitative method based on literature review, using primary sources such as Wahbah az-Zuḥaylī’s works (al-Fiqh al-Islāmī wa Adillatuh, al-Tafsīr al-Munīr) and Muhammad Abduh’s Tafsīr al-Manār, supported by secondary sources including books, journals, and scholarly articles. The analysis is conducted thematically and comparatively. Findings reveal that az-Zuḥaylī emphasizes legal-formal aspects such as fairness in transactions and proper documentation, while Abduh highlights spiritual awareness, moral consciousness, and social transformation in business practices. The study concludes that both approaches are complementary—az-Zuḥaylī reinforces the legal framework, whereas Abduh enriches the ethical and rational dimensions. These insights have theoretical and practical implications for contemporary Islamic business ethics policy development and open opportunities for further research in Islamic economics.
Business Ethics; Islamic Economy; Comparative Study; Qur’anic Interpretation
Copyright (c) 2025 Muhammad Zulfi Hamdi Muhayati, Amiril Ahmad (Author) https://creativecommons.org/licenses/by/4.0
Analisis Maqashid Syariah dalam Pengembangan Standar Akuntansi Syariah
This study aims to examine the relevance of maqashid sharia integration in the development of sharia accounting standards, as well as its impact on strengthening sharia financial management in Indonesia. The methodology used is a literature study with a descriptive qualitative approach. Data sources come from classical and contemporary literature, sharia accounting standards (PSAK and ISAK Sharia), and related policy documents. The results of the study indicate that strengthening standards based on maqashid sharia can improve the quality of financial reporting and governance, as well as strengthen public trust in sharia entities in IndonesiaKeywords: Maqashid Syariah, PSAK Syariah, Sharia Accounting, Financial Standards, DSAS IAI
Maqashid Syariah, Syariah Accounting Standards, Financial Management
Copyright (c) 2025 Syahrul Mubarak, Hardianti, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Analisis Problem Gap Pencatatan Murabahah pada Lembaga Keuangan Syariah dan Implikasinya terhadap Kepercayaan Nasabah
This research is motivated by the incompatibility between the sharia accounting standards of PSAK 102 and the practice of recording murabahah transactions in Islamic financial institutions. The purpose of this study was to identify these practice gaps and analyze their impact on customer confidence levels. This study uses a qualitative descriptive approach with a literature study method that examines secondary sources, such as scientific journals, accounting standards, and regulatory documents. The results of the study show that many institutions have not implemented PSAK 102 consistently, especially related to the recognition of profit margins and the presentation of selling prices. In addition, low customer participation in understanding murabahah contracts leads to information asymmetry and decreased transparency. The implications of this ambiguity negatively impact customer perception, weaken trust, and threaten the credibility and sustainability of Islamic financial institutions. These findings show that the problems faced are not only technical, but also include ethical and institutional dimensions. Therefore, a commitment to standard-compliant reporting, higher transparency, and active involvement of customers in the transaction process is needed to uphold Islamic financial principles.
Murabahah, PSAK 102, Islamic Financial Institutions, Transparency, Customer Trust
Copyright (c) 2025 Eka Allafta Firman, Muh. Akwan, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Transformasi Akuntansi Syariah dalam Lembaga Zakat dan Koperasi di Era Digitalisasi Keuangan Islam
The era of Islamic finance digitalization has brought significant transformation in sharia accounting practices, particularly in zakat institutions and sharia cooperatives. This article analyzes the paradigm shift in sharia accounting that occurs with the adoption of digital technology in Islamic finance management. This research employs qualitative descriptive analysis method with literature review approach to understand the implementation of sharia accounting in the digitalization context. The research findings indicate that digital transformation has enhanced transparency, accountability, and efficiency in zakat fund management and sharia cooperatives through the implementation of systems such as SIMZAT and integrated digital platforms. Blockchain technology, artificial intelligence, and big data analytics provide opportunities to improve sharia compliance and real-time monitoring. However, challenges remain regarding system standardization, incomplete regulations, limited competent human resources, and high implementation costs. The practical implications of this research include the need for developing a sharia accounting framework that is adaptive to digital technology, comprehensive technical standardization, human resource capacity building through training and certification programs, and regulatory development that supports sharia accounting digitalization. This research contributes to the development of digital sharia accounting theory and provides practical guidance for stakeholders in implementing digital transformation that complies with sharia principles. The proposed framework integrates five main components: sharia principles as foundation, digital technology as enabler, accounting standards as guidelines, human resources as operators, and regulations as legal framework.
Sharia Accounting; Digitalization; Sharia Cooperatives; Zakat Institutions
Copyright (c) 2025 Nurul Awalia, Roslindah, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Analisis Mekanisme Penetapan Harga Jual dalam Perspektif Prinsip Ekonomi Syariah: Studi Kasus pada Pasar Modern di Kabupaten Bone
This research aims to analyze the suitability of the pricing mechanism applied by business actors in the modern market of Bone Regency with the principles of Islamic economics. The methodology used is a qualitative approach with a case study method. Data is collected through observation, in-depth interviews, and documentation from business actors and consumers. The results of the study indicate that most business actors have not fully applied the principles of Islamic economics in pricing. The use of an odd pricing system that does not align with the applicable currency denomination creates elements of uncertainty (gharar) and potential loss (dharar) for consumers. These findings emphasize the importance of applying principles of fairness, honesty, and transparency in pricing to create ethical transactions and enhance consumer trust in business actors.
Selling Price; Islamic Economics; Principles of Justice; Modern Market; Bone
Copyright (c) 2025 Aliyah Sri Huriyah Syakir, Haerul Nisa, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Konsep Laba Dalam Persepektif Syariah: Etis Terhadap Keberkahan Dan Keadilan Ekonomi Bagi Entitas Bisnis
In modern business practices, profit orientation is often only focused on quantitative aspects and profit maximization alone. However, in the perspective of sharia, profit has a broader meaning, namely as a result of business that is not only legally halal but also reflects blessings and justice. This study aims to examine the concept of profit from an Islamic perspective and how this ethical approach can be internalized in the management of sharia business entities. The methodology used is a literature study with a qualitative descriptive approach, examining primary sources such as the Qur’an and hadith as well as academic references related to sharia economics and accounting. The results of the study show that sharia business entities need to be the principles of honesty, justice, social responsibility, and blessings as a basis for obtaining and reporting profits. Thus, profit is not only an indicator of financial performance, but also a reflection of contribution to the welfare of the people and business sustainability in the corridor of Islamic values.
Sharia Profit, Islamic Business Ethics, Business Entities, Blessings, Economic Justice.
Copyright (c) 2025 Wiwik Aryanti, Hasni Syanda, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Optimalisasi Penerapan PSAK 109 dalam Meningkatkan Transparansi dan Akuntabilitas Laporan Keuangan Lembaga Sosial Islam
This study aims to analyze the role and challenges of implementing PSAK 109 on Zakat, Infak, and Sedekah and ISAK 35 on Waqf in the financial reporting of Islamic social institutions. This study uses a descriptive qualitative approach with a literature study method and documentation of regulations, financial reports, and relevant previous research results. This result show the implementation or application of these standards in various financial and non-financial institutions has not been running optimally. This can be caused by several factors, such as a lack of understanding of these standards, limited human resources who are competent in the field of sharia accounting, minimal training or socialization, and the absence of strict supervision of the implementation of these standards. As a result, the main objective of preparing these standards has not been fully achieved in the field. The findings show that the main obstacles come from limited human resources, minimal understanding of sharia standards, and lack of support for financial reporting technology. This gap risks reducing the quality of information conveyed to the public. Therefore, a strategy is needed to optimize the implementation of these standards so that Islamic social fund management institutions are able to meet regulatory aspects while building public trust professionally and with integrity. This study contributes to encouraging the improvement of the quality of sharia-based financial governance in Indonesia.
PSAK 109, Islamic Social Institution, Transparancy, Accountability
Copyright (c) 2025 Ekha Afriani, Nabila, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Harta dalam Islam Sebagai Landasan Penyajian Laporan Posisi Keuangan Syariah : Tinjauan Konseptual dan Aplikatif
This study aims to examine the concept of wealth in Islam as the foundation for presenting the Islamic financial position report both conceptually and applicatively. The method used is a literature study with a qualitative descriptive approach, reviewing literature related to the principles of ownership and management of wealth according to Sharia as well as Islamic accounting standards, particularly PSAK 101. The findings indicate that wealth in Islam is regarded as a trust that must be managed based on the principles of permissibility (halal), justice, and social responsibility, so that the Islamic financial position report must reflect transparency, accountability, and compliance with Sharia values. The presentation of the report is not only oriented toward financial aspects but also supports the maqashid shariah in maintaining the welfare of the community. However, challenges such as practitioners’ understanding and public literacy still need to be addressed through education and regulatory strengthening to ensure that Islamic financial reports can function optimally as fair and sustainable financial instruments.
Islamic Wealth, Islamic Statement of Financial Position, Islamic Accounting, Maqashid Shariah, Transparency and Accountability.
Copyright (c) 2025 Rezki, Muh.Rifky Bahar, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Audit Syariah Indonesia: Tinjauan atas Peluang dan Tantangan Perkembangan
Sharia audit in Indonesia has great potential along with the rapid growth of the Islamic financial industry. This study aims to explore the opportunities and challenges faced in the development of sharia audit in Indonesia. The method used is qualitative analysis by collecting data from various literature sources and case studies related to sharia audit practices. The results of the study indicate that although there are significant opportunities, such as increasing public awareness of the importance of sharia compliance and regulatory support from the government, challenges remain. These challenges include the lack of comprehensive sharia audit standards, the limited number of qualified sharia auditors, and the issue of independence of the Sharia Supervisory Board (DPS). This study concludes that in order to maximize the potential of sharia audit, there is a need for strengthening regulations, improving the quality of human resources, and developing a better audit framework. Thus, sharia audit can contribute effectively to maintaining the integrity and accountability of Islamic financial institutions in Indonesia.
Sharia Audit, Opportunities, Challenges, Developments, Islamic Finance
Copyright (c) 2025 Fani Rahmadhani, Nuraisyah Arif, Masyhuri, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Analisis Penerapan Akuntansi Syariah terhadap Transaksi Murabahah pada Bank Pembiayaan Rakyat Syariah (BPRS)
This research aims to analyze the implementation of Islamic accounting for murabahah transactions at Sharia Rural Banks (Bank Pembiayaan Rakyat Syariah (BPRS). Murabahah, as one of the main financing products in BPRSs, has specific characteristics that need to be recognized and measured in accordance with applicable Islamic accounting principles. This research employs a qualitative approach with a case study method at one BPRS. Data were collected through in-depth interviews with management and related staff, as well as the review of financial report documents and company accounting policies. The results of the study indicate that the BPRS under investigation has implemented most of the Islamic accounting provisions in recording and reporting murabahah transactions, including revenue recognition, measurement of acquisition costs, and relevant disclosures.
Islamic Accounting, Sharia Rural Bank (BPRS), Murabahah, Islamic Financial Transactions, Islamic Financial Reporting
Copyright (c) 2025 Musyakirah Samad, Selvi Dewi Astina Sultan, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Konsep Harta dalam Akuntansi Syariah: Integrasi Nilai Kepemilikan dan Tanggung Jawab Sosial di Indonesia
The concept of wealth in sharia accounting not only emphasizes individual ownership but also highlights its social function to achieve justice and collective welfare. Wealth is viewed as a trust (amanah) from Allah SWT, and its utilization is directed through instruments such as zakat, infaq, sadaqah, and waqf. This study aims to examine the integration of ownership values and social responsibility in sharia accounting reporting, as well as to analyze the challenges of its implementation in Indonesia. The methodology employed is a qualitative-descriptive approach, utilizing a literature review of academic works, sharia accounting regulations, and financial reporting documents from Islamic institutions. The findings indicate that sharia accounting plays a significant role in realizing fair, transparent, and accountable wealth reporting. However, its implementation still faces obstacles such as low financial literacy, diverse understandings of the concept of wealth, and limitations in social fund reporting systems. Collaboration between regulators, sharia institutions, and the community is needed to strengthen a sharia-based reporting system that supports the realization of social justice in Indonesia.
Copyright (c) 2025 Husnul Khatimah, Awalyah Gusdayanti, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Eksplorasi Pemanfaatan Aplikasi Keuangan Digital dalam Penyusunan Laporan Keuangan oleh Pelaku UMKM Muda
This study aims to examine the utilization of digital financial applications in the preparation of financial statements by young Micro, Small and Medium Enterprises (MSMEs). The background of the study stems from the crucial role of accurate and well-documented financial reporting as a foundation for sustainable business decision-making. In line with the growing adoption of information technology, various digital financial applications have emerged, offering simplified transaction recording and financial statement preparation. Using a literature review method, this study analyzes relevant sources, including scientific journals, official reports, and recent digital publications, to gain a comprehensive understanding of the effectiveness and challenges of implementing digital financial tools among young MSMEs. . The findings reveal that digital financial applications contribute positively to improving efficiency, orderliness, and transparency in MSMEs’ financial reporting. However, issues such as limited digital literacy and basic accounting knowledge still pose challenges. This study is expected to serve as a conceptual basis for developing digital financial education and assistance policies for young MSMEs in the future.
Copyright (c) 2025 Sri Rahayu Saputri, Syahraeni, Multi Arnilasari (Author) https://creativecommons.org/licenses/by/4.0
Urgensi Prinsip Wadiah dan Mudharabah sebagai Instrumen Penghimpunan Dana pada lembaga Perbankan syariah
This study aims to analyze the role of the Wadi'ah and Mudharabah principles in fund collection in Islamic banking. This research uses a descriptive qualitative approach with a case study model and literature study. The analysis results show that the implementation of the Wadi'ah and Mudharabah principles can strengthen the trust relationship between the bank and customers, increase public participation in the Islamic banking system, and encourage the creation of innovative products that meet market needs. However, challenges in risk management and the uncertainty of business outcomes under the Mudharabah principle are important aspects that the bank needs to pay attention to. Overall, this study provides insights into the importance of applying Islamic principles in fund collection and their contribution to the development of Islamic banking in Indonesia.
Copyright (c) 2025 Nur Salsa Fadillah, Ariyanti, Masyhuri (Author) https://creativecommons.org/licenses/by/4.0
Relevansi Pembiayaan KPR Indent iB dengan Ketentuan DSN-MUI dan PSAK 104
This study aims to examine the implementation of the KPR Indent iB product at BTNSyariah and its compliance with Fatwa No. 06/DSN-MUI/IV/2000 concerning Istishna Sale and Purchase and PSAK 104 Istishna Accounting. The urgency of this study is to examine the principles and compliance of accounting recognition for istishna contracts in the KPR Indent Ib product at BTNSyariah. This study uses a qualitative method, with primary data collection through interviews and secondary data through the required documents. The result is that the KPR Indent iB product from BTN Syariah is in accordance with the provisions of Fatwa No. 06/DSN-MUI/IV/2000 concerning Istishna Sale and Purchase, namely an explanation of the payment and time period that must be submitted at the beginning, and carried out in accordance with the agreement of both parties. In accounting, the payment process has been automated using the banking system in accordance with the provisions of PSAK 104.
Copyright (c) 2025 Arista Fauzi Kartika Sari (Author) https://creativecommons.org/licenses/by/4.0
Sharia Arbitration and Business Dispute Resolution under Law No. 30 of 1999
This study examines the consistency of legal norms governing Islamic arbitration institutions in Indonesia, focusing on the National Sharia Arbitration Board (BASYARNAS) within the framework of Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution. It aims to evaluate the extent to which BASYARNAS aligns with national legal principles and international standards in resolving business disputes. Using a normative juridical method and qualitative analysis of primary and secondary legal materials. The study identifies a significant gap between regulatory norms and practical implementation. This inconsistency undermines BASYARNAS’s effectiveness, particularly in resolving investment-related disputes from the perspective of foreign investors. The findings reveal weak integration of Islamic arbitration mechanisms into Indonesia’s broader legal system. Moreover, limited international recognition and misalignment with global procedural standards reduce investor confidence. The study concludes that regulatory harmonization, institutional reform, and enhanced global acknowledgment are necessary to strengthen BASYARNAS as a credible and competitive dispute resolution forum in the international investment arena.
Copyright (c) 2025 Al Milla Hamidah, Isman, Lukmanul Hakim (Author) https://creativecommons.org/licenses/by/4.0
Efektivitas Fungsi Pengawasan Komisi Pengawas Persaingan Usaha (KPPU) Kanwil VI Makassar Dalam Mencegah Praktek Monopoli Perdagangan Perspektif Hukum Islam
This study aims to describe the implementation of the supervisory function of the Indonesia Competition Commission (KPPU) Regional Office VI in Makassar City in preventing monopolistic trade practices, as well as to review it from the perspective of Islamic Law. This research is classified as field research, with primary data obtained through direct interviews with KPPU Regional Office VI employees, and secondary data sourced from books, official documents, and research reports. The results of the study indicate that KPPU conducts supervision through information gathering, receiving public complaints, and conducting on-site inspections. If violations are found, further investigations are carried out to collect evidence. The challenges faced include legal limitations, inadequate facilities and infrastructure, low public awareness, and limited human resources, all of which hinder the effectiveness of KPPU's supervisory implementation. From the perspective of Islamic Law, the supervision conducted by KPPU aligns with the principle of Al-Muraqabah and can be analogized to the Al-Hisbah institution during the time of the Prophet Muhammad (SAW) and the Khulafā’ al-Rāshidīn, which was responsible for monitoring markets based on the values of honesty, justice, trustworthiness, and mutual cooperation. KPPU, as an institution established under statutory mandate, represents the authority of Ulil Amri* within the Islamic constitutional framework. The implication of this research is the need to strengthen cooperation between the government, KPPU, and society to prevent monopolistic trade practices, as well as to enhance KPPU's authority in investigations in order to realize a just economic democracy.
Copyright (c) 2025 Noranisa, Fathurahman, Nur Paikah (Author) https://creativecommons.org/licenses/by/4.0