IZZI: Jurnal Ekonomi Islam:It is a periodic scientific journal published three times a year by the Lembaga Penerbitan, Penelitian dan Pengabdian Kepada Masyarakat, Institut Badri Mashduqi, Probolinggo. This journal publishes articles of interest to business practitioners, lecturers, policy makers, and researchers. This journal includes research articles, original research reports, reviews in business management in various fields including: 1) Sharia business 2) Sharia economics, 3) banking 4) Sharia finance, 4) management of infaq, alms, waqf, and zakat 5) Sharia economic law 6) Sharia insurance etc. Starting in January 2021, the IZZI Journal is focused on articles in the field of Economics and Business derived from research results, scientific reviews, and literature reviews supplemented by thoughts on application to certain cases. Journal title IZZI: Jurnal Ekonomi Islam Language English and Indonesia Frequency three times a year (January, May, and September) DOI https://doi.org/10.66931/jizzi Online ISSN 2776-6756 Editor in Chief Zainur Ridho, M.E. Publisher Lembaga Penerbitan, Penelitian, dan Pengabdian kepada Masyarakat (LP3M) of Institut Badri Mashduqi Probolinggo Jawa timur Indonesia Citation Analysis Google Scholar , Garuda, Copernicus
Lembaga Penerbitan, Penelitian, dan Pengabdian kepada Masyarakat (LP3M) of Institut Badri Mashduqi Probolinggo Jawa timur Indonesia
ECONOMIC OPPORTUNITIES FOR SANTRI COOPERATIVES THROUGH THE PONDOK PESANTREN LAW AL-MAWARDI PEGANTENAN PASANGGAR
This research examines the economic opportunities and challenges of student cooperatives at Al-Mawardi Islamic Boarding School (Pondok Pesantren) from the perspective of internal institutional regulations. Student cooperatives are economic institutions that play a strategic role in supporting students' economic independence and providing practical learning about Islamic economic systems. This study employs a descriptive qualitative method with a case study approach, analyzing cooperative operations based on the internal laws and regulations of Al-Mawardi Islamic Boarding School. Data were collected through in-depth interviews, observations, and documentation studies of institutional regulations and cooperative reports. The findings reveal that student cooperatives have significant opportunities in developing the boarding school's economy through enhanced Islamic financial literacy, economic empowerment of students, and development of business networks based on Islamic values. However, several major challenges exist, including limited business capital, fluctuating member participation due to the boarding school education system, complexity of regulations that must align with sharia principles, and limited managerial competencies among cooperative administrators. This research recommends strengthening institutional capacity, enhancing synergy with boarding school stakeholders, and developing business models adaptive to the dynamics of boarding school life.
Copyright (c) 2026 Badrut Tamam, M. Munir (Penulis) https://creativecommons.org/licenses/by-nc/4.0
PRAGMATISM VERSUS PRINCIPLE: MASLAHAH MURSALAH ANALYSIS OF MUSLIM STREET VENDORS' PREFERENCES FOR CONVENTIONAL MICROFINANCE INSTITUTIONS AMID THE AVAILABILITY OF ISLAMIC ALTERNATIVES
This study examines a striking paradox observed in Sebani Village, Gadingrejo District, Pasuruan City, East Java, Indonesia: the overwhelming majority of Muslim street vendors (known locally as Pedagang Kaki Lima, or PKL).Through a rigorous qualitative methodology comprising in-depth semi-structured interviews, participatory observation, and systematic documentation of 15 active borrowers and two financial institution officers, this research reveals that financial decision-making among this population is driven primarily by operational factors: service accessibility, speed of fund disbursement, procedural simplicity, and the proactive door-to-door outreach model of Mekaar's field agents. Theological considerations regarding the halal or haram nature of transactions were largely absent from borrowers' deliberative processes, a finding that reflects deep structural deficiencies in Islamic financial literacy at the grassroots level. The scholarly novelty of this research lies in its deployment of the maslahah mursalah framework as a concrete normative analytical instrumentnot merely as a theoretical backdropto evaluate the Shar'i legitimacy of these pragmatic choices within the broader maqashid al-Shari'ah perspective. The analysis reveals that PNM Mekaar's financing practices fulfill the maqashid dimensions of hifzh al-mal (protection of wealth), hifzh al-nafs (protection of life), and hifzh al-'aql (protection of intellect) as genuine hajiyyah-level maslahah. However, the practice carries serious risks concerning hifzh al-din (protection of religion) due to contractual ambiguity, administrative fee structures that functionally mirror conventional interest, and the complete absence of Islamic financial education. The study concludes that Islamic financial institutions must undergo fundamental service transformation centered on grassroots community needs, and that enhancement of Islamic financial literacy constitutes a structural prerequisitenot an optional policy measurefor the effectiveness of the Islamic financial system in Indonesia.
Copyright (c) 2025 Diniatus Wahyuning Suminar, Dewi Masita (Penulis) https://creativecommons.org/licenses/by-nc/4.0
GHARAR AND TADLIS IN INFORMAL FUEL SUPPLY CHAINS: A COMPILATION OF SHARIA ECONOMIC LAW ANALYSIS OF COLLECTOR AND RETAIL GASOLINE TRANSACTIONS IN BANJAR KEJEN VILLAGE
This study examines a prevalent yet analytically neglected informal economic phenomenon through the lens of Sharia law: the retail gasoline trading system embedded within non-formal rural supply chains. Informal fuel distribution constitutes a critical dimension of rural economic life in developing Muslim-majority economies, yet it has received minimal systematic normative examination. The research novelty lies in its systematic application of the Compilation of Sharia Economic Law (Kompilasi Hukum Ekonomi Syariah / KHES) as a structured analytical instrument rather than merely a normative backdrop for diagnosing contract validity, gharar, tadlis, and ihtikar within village-level informal fuel distribution mechanisms. Prior scholarship has addressed retail fuel practices primarily from macro-economic and general regulatory perspectives leaving a significant gap in micro-transactional Sharia analysis. Employing a descriptive qualitative case study design through direct observation, in-depth semi-structured interviews, and documentation in Banjar Kejen Village, Pandaan District, Pasuruan Regency, East Java, Indonesia, the research identifies four interrelated normative deficiencies: (1) transactions proceed without explicit ijab-qabul (offer and acceptance) or written contracts, violating KHES (2) systematic volume discrepancies caused by the collector transporting fuel in a motorcycle tank, consuming a portion en route constitute gharar fahish (serious uncertainty) in the object of exchange; (3) the collector's non-disclosure of this volume deficit constitutes tadlis (concealment of material fact), regardless of fraudulent intent; and (4) the single-collector monopoly structure creates the structural conditions for ihtikar (market cornering), warranting preventive regulatory attention.The study argues that the appropriate policy response is not elimination but Shariah-ification (syariahisasi) of the existing system through formalized contracts, transparent measurement protocols, and muamalah education for informal rural business actors. It contributes a holistic, operationally grounded analytical framework that previous single-dimension studies have not provided.
Copyright (c) 2025 Zaenal Abidin, Dewi Masita (Penulis) https://creativecommons.org/licenses/by-nc/4.0
WHOLESALE STORE MANAGEMENT STRATEGIES TO SUPPORT THE ECONOMY OF ISLAMIC BOARDING SCHOOLS AND THE SURROUNDING COMMUNITY
This study examines the strategic role of the Al-Mashduqiah Wholesale Store in supporting the economic independence of Islamic boarding schools while contributing to the surrounding community. Islamic boarding schools not only function as religious educational institutions, but also as drivers of the local economy that can empower the community and encourage the development of MSMEs. The research method used is qualitative with a descriptive approach, data obtained through interviews with shop managers, students, the community, and MSME actors. The results show that the Al-Mashduqiah Wholesale Store is able to support the needs of Islamic boarding schools, create jobs, provide basic necessities at affordable prices, and assist in the marketing of local products. These findings prove that Islamic boarding schools can play a role as a driving force for community-based economies, where aspects of education and economic empowerment go hand in hand
Copyright (c) 2026 Nuriawati, Mita Ayu Prafita, Uswatun Hasanah (Penulis) https://creativecommons.org/licenses/by-nc/4.0
BEYOND THE HALAL SYMBOL: HOW HALAL CERTIFICATION AND PRODUCT QUALITY JOINTLY DRIVE MUSLIM CONSUMER SATISFACTION IN THE SOCIAL MEDIA SKINCARE MARKET
The rapid expansion of the halal cosmetics market, fueled by social media virality, has intensified academic interest in understanding the determinants of Muslim consumer satisfaction in non-food product categories. This study investigates the dual influence of halal certification (X₁) and product quality (X₂) on Muslim consumer satisfaction in the skincare segment (Y), using a sample of 50 respondents recruited from the researcher's 2,300 Instagram followers. Employing a quantitative explanatory design, data were collected via a structured online questionnaire and analyzed using Pearson Product Moment correlation and multiple linear regression. Results confirm that halal certification exerts a statistically significant positive influence on consumer satisfaction (β = 0.412, p < 0.001), while product quality demonstrates an even stronger independent effect (β = 0.537, p < 0.001). Critically, the simultaneous inclusion of both predictors yields a substantially elevated coefficient of determination (R² = 0.684), indicating a synergistic rather than merely additive relationship. These findings challenge the assumption that halal labeling alone is sufficient to ensure satisfaction and provide empirical validation for the Islamic concept of tayyib goodsproducts that are simultaneously religiously permissible and functionally excellent. The study offers evidence-based implications for skincare manufacturers, Indonesia's Halal Product Guarantee Agency (BPJPH), and digital Islamic marketing practitioners navigating the post-mandatory-certification landscape.
Halal Certification, Consumer Satisfaction, Skincare, Muslim Consumers, Social Media Commerce, Trust Theory, Islamic Business Ethics, Digital Halal Economy, Indonesia
Copyright (c) 2026 Dewi Masita, Dwi Wardah Akmaliah (Author) https://creativecommons.org/licenses/by-nc/4.0
ANALYSIS EFFECTIVENESS OF THE BAZNAS JEMBER REGENCY RETAIL EMPOWERMENT PROGRAM Z-MART IN IMPROVING THE WELFARE OF MUSTAHIK
Abstract This study aims to analyze the effectiveness of the Z-Mart Retail Empowerment program in improving the welfare of Mustahik recipients of the Z-Mart Retail Empowerment program of the National Amil Zakat Agency (BAZNAS) of Jember Regency. This study uses a descriptive qualitative approach. The data was obtained through in-depth interviews, field observations, and documentation with informants consisting of the Person in Charge of the Z-Mart BAZNAS Retail Empowerment program in Jember Regency, mustahik business actors, the surrounding community, and consumers. Data analysis is carried out through data reduction, data presentation, and conclusion drawn. The results of the study show that the Z-Mart Retail Empowerment program is quite effective in improving the welfare of mustahik, This can be seen from the increasing number of customers, as well as the ability of mustahik to meet the economic needs of families. This program also has an impact on the spirit of mustahik in furthering his business. Factors supporting the success of the program include business capital assistance, store branding, training, and mentoring. The obstacles faced include the limitation of companions, coordination of mustahik candidate data, and differences in the level of readiness and responsibility of mustahik to run a business. Therefore, a strategy to strengthen selection, mentoring, and assistance schemes is needed so that the program is sustainable. Keys: Productive Zakat, Z-Mart, retail empowerment, mustahik welfare, BAZNAS Abstrak Penelitian ini bertujuan untuk menganalisis Efektivitas program Pemberdayaan Ritel Z-Mart dalam meningkatkan Kesejateraan Mustahik penerima bantuan program Pemberdayaan Ritel Z-Mart Badan Amil Zakat Nasional (BAZNAS) Kabupaten Jember. Penelitian ini menggunakan pendekatan kualitatif deskriptif. Data diperoleh melalui wawancara mendalam, observasi lapangan, dan dokumentasi dengan informan yang terdiri dari Penanggungjawab program Pemberdayaan Ritel Z-Mart BAZNAS Kabupaten Jember, mustahik pelaku usaha, masyarakat sekitar, dan konsumen. Analisis data dilakukan melalui reduksi data, penyajian data, dan penarikan kesimpulan. Hasil penelitian menunjukkan bahwa program Pemberdayaan Ritel Z-Mart tergolong efektif dalam meningkatkan kesejahteean mustahik, Hal ini terlihat dari meningkatnya jumlah pelanggan, serta kemampuan mustahik dalam memenuhi kebutuhan ekonomi keluarga. Program ini juga berdampak pada semangat mustahik dalam melajutkan usahanya. Faktor pendukung keberhasilan program meliputi bantuan modal usaha, branding toko, pelatihan, dan pendampingan. Adapun kendala yang dihadapi antara lain keterbatasan pendamping, koordinasi data calon mustahik, serta perbedaan tingkat kesiapan dan tanggungjawab mustahik menjalankan usaha. Oleh karena itu, diperlukan strategi penguatan seleksi, pendampingan, dan skema bantuan agar program berkelanjutan. Kata kunci: Zakat Produktif, Z-Mart, pemberdayaan ritel, kesejahteraan mustahik, BAZNAS
Copyright (c) 2026 Chynthia Putri Danisa Baihaqi, Inayah Swasti Ratih (Author) https://creativecommons.org/licenses/by-nc/4.0
THE ROLE OF ISLAMIC BANKS IN PROMOTING THE GROWTH OF MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES (MSMEs) IN INDONESIA (A REVIEW OF THE MAQASHID AL-SHARIAH)
This study aims to analyze the role of Islamic banks in promoting the growth of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia from the perspective of maqashid sharia. This research employs a qualitative descriptive approach using literature review and secondary data analysis obtained from the Financial Services Authority (OJK), Bank Indonesia, and relevant scientific publications from 2018–2023. The results indicate that Islamic bank financing, particularly through murabahah, musyarakah, and mudharabah contracts, significantly contributes to improving MSMEs' access to capital and fostering economic justice. However, challenges remain in terms of low Islamic financial literacy and the dominance of sale-based contracts over profit-sharing schemes. This study is expected to provide academic and practical contributions to the development of Islamic banking oriented toward public welfare.
Copyright (c) 2026 M. Asri Setiawan, Zaiful Anas Qiblatain (Author) https://creativecommons.org/licenses/by-nc/4.0
CORPORATE SOCIAL RESPONSIBILITY (CSR) PROGRAM FUND DISTRIBUTION MODEL IN COMMUNITY ECONOMIC EMPOWERMENT EFFORTS
Corporate Social Responsibility (CSR) is a company's commitment to supporting sustainable economic development by considering the balance between economic, social, and environmental aspects. This study aims to describe the model of CSR program fund distribution in efforts to empower the community economically at Yasmin Hospital in Banyuwangi, East Java. The focus of the study includes: (1) the model of CSR fund distribution for community economic empowerment, (2) the model of community economic empowerment related to CSR fund distribution, and (3) the positive implications of both models. This study uses a qualitative approach with a case study type. Data collection techniques were carried out through observation, interviews, and documentation, while data analysis included data reduction, data presentation, and conclusion drawing with data validity through triangulation. The results of the study show that the CSR fund distribution model of Yasmin Hospital is able to improve the welfare and economic independence of the community and contribute to environmental preservation, although it still needs improvement to be more effective and efficient in terms of time, cost, and energy.
Copyright (c) 2026 Mabruroh (Penulis) https://creativecommons.org/licenses/by-nc/4.0
STRATEGY TO INCREASE PUBLIC CONFIDENCE IN ATTRACTING UMRAH PILGRIMAGES
As time goes by, building a service business can be said to have very bright prospects, especially in line with changing consumer patterns that are increasingly diverse and prioritize convenience. A strategy consists of several tactics. Strategies are general, fundamental, and long-term, compared to tactics, which are more specific, operational, and short-term plans. Strategy aligns with the development of the concept of strategic management, which is not simply defined as a means to achieve a goal.Trust is closely related to religion, but its scope is broader.Increasing public trust in attracting pilgrims to register with PT Qiblatain travel is a crucial step to expand reach and increase customer numbers. This includes providing clear information, such as package prices, facilities, and registration requirements, clearly and transparently. Good and friendly service is also essential for providing services to PT Qiblatain pilgrims. By implementing a strategy that focuses on information transparency, service quality, legality, education, digital marketing, attractive promotions, and community development, PT Qiblatain can build a strong reputation in the eyes of the public.
Copyright (c) 2025 Zainur Ridho, Farida dewi, Nadila vega (Penulis) https://creativecommons.org/licenses/by-nc/4.0
EMPLOYEE PERFORMANCE IN SERVICE UNDER LIMITED HUMAN RESOURCES
This study examines employee performance analysis in providing services to prospective Umrah pilgrims at PT. Qiblatain Safarina Bakti under conditions of limited human resources. The background of the study is based on the significant increase in demand for Umrah services that requires travel agencies to continue to provide quality services, despite facing limitations in the number of available workers and competencies. This study uses a qualitative approach with data collection methods through interviews, observations, and literature studies from relevant references. The results show that limited human resources have an impact on workload imbalances and dual task practices that often cause stress for employees. Nevertheless, the company strives to maintain service quality through collaboration strategies, regular evaluations, competency improvement, and intensive communication with pilgrims. Further analysis reveals that motivation, skills, and the work environment are the main factors determining service quality. This study confirms that the constraint of limited human resources is not always an absolute obstacle. With adaptive management, these challenges can be minimized so that services remain consistent and professional. The implication of this research is the need for a strategy to strengthen human resource capacity, both through increasing the number of workers and improving skills, so that Umrah travel agencies are able to respond to the ever-growing demands of society.
Copyright (c) 2025 Erin Nur Putriani, Jenatul Firdausi, Riska Handayani3 (Penulis) https://creativecommons.org/licenses/by-nc/4.0
PENERAPAN STRATEGI MARKETING UNTUK MENINGKATKAN MINAT BELI KONSUMEN DI AN-NAJAH
Penelitian ini bertujuan untuk menganalisis penerapan strategi marketing dalam meningkatkan minat beli konsumen di An-Najah Store Triwungan Paiton Probolinggo. Menggunakan metode kualitatif dengan pendekatan fenomenologi, penelitian ini menggali pengalaman dan penerapan strategi pemasaran melalui wawancara mendalam dengan pemilik usaha sebagai informan utama. Hasil penelitian menunjukkan bahwa An-Najah Store menerapkan berbagai strategi pemasaran, seperti penambahan variasi produk, strategi harga, pelayanan prima melalui prinsip Senyum, Salam, Sapa, serta promosi digital melalui WhatsApp dan Telegram. Strategi-strategi tersebut terbukti meningkatkan minat beli konsumen dan memperkuat posisi usaha di tengah persaingan yang ketat. Kesimpulan penelitian menunjukkan bahwa kombinasi strategi pelayanan, promosi digital, dan kualitas produk berkontribusi signifikan terhadap peningkatan jumlah transaksi serta pertumbuhan usaha secara berkelanjutan
Copyright (c) 2024 Ulfi Mufridatun Hasanah (Penulis) https://creativecommons.org/licenses/by-nc/4.0
MODAL KEWIRAUSAHAAN PESANTREN UNTUK MENINGKATKAN KEMANDIRIAN SANTRI
Penelitian ini bertujuan untuk mengetahui bagaimana modal kewirausahaan di pesantren dapat meningkatkan kemandirian santri melalui pendidikan dan kegiatan ekonomi yang dikelola pesantren. Pesantren memiliki potensi tidak hanya sebagai tempat belajar agama, tetapi juga sebagai lembaga pemberdayaan ekonomi yang menumbuhkan jiwa wirausaha santri. Modal kewirausahaan yang dimaksud tidak hanya berupa dana, tetapi juga mencakup kemampuan intelektual, moral, spiritual, serta keterampilan praktis yang diperoleh dari proses pendidikan pesantren. Penelitian menggunakan pendekatan kuantitatif dengan wawancara terstruktur kepada para pelaku usaha di lingkungan pesantren untuk mendapatkan informasi tentang strategi usaha, pelatihan, dan pengaruhnya terhadap kemandirian santri. Hasil penelitian menunjukkan bahwa program kewirausahaan di pesantren berperan penting dalam membentuk kemandirian ekonomi dan mental santri. Santri dilatih untuk disiplin, bertanggung jawab, hidup sederhana, dan mampu mengelola sumber daya secara produktif. Secara keseluruhan, penelitian ini menegaskan bahwa modal kewirausahaan dan kemandirian santri saling berkaitan dan menjadi dasar penting dalam menjadikan pesantren sebagai pusat pembentukan generasi muslim yang mandiri, kreatif, berdaya saing, dan berkontribusi pada pembangunan ekonomi umat sesuai nilai-nilai Islam.
Copyright (c) 2024 Indah Maslaha, Safa Salsabila (Penulis) https://creativecommons.org/licenses/by-nc/4.0
THE EFFECT OF PRODUCT QUALITY AND PRICE ON PURCHASE DECISIONS
The aim of this research is to evaluate how product quality and price influence the purchasing decisions made by female students at the Pesantren Al‑Mashduqiah Girls’ Store when choosing to buy the product. This study was conducted using a quantitative approach by distributing questionnaires to 38 participants. The results show that product quality and price have a positive and significant impact on purchasing decisions. High-quality products increase customer trust, while stable and affordable prices reduce perceived risk and encourage customer loyalty. Both factors jointly influence purchasing decisions in the boarding-school environment.
Copyright (c) 2025 Himami Firdausi, Nur Iftah Maufida (Penulis) https://creativecommons.org/licenses/by-nc/4.0
MAQASHID SHARIA AS A FRAMEWORK OF ETHICS FOR ECONOMIC DOWNSTREAMING POLICY TOWARD INDONESIA GOLD 2045
Indonesia Emas 2045 is an ambitious vision that aims to make Indonesia a developed country with a strong, inclusive, and sustainable economy. To achieve this vision, the country needs economic transformation based on the principles of justice and sustainability. However, the implementation of downstreaming still faces structural dilemmas in the form of unequal distribution of benefits, dependence on foreign investment, and ecological pressures caused by resource exploitation. Through a qualitative-descriptive approach, this study explores the correlation between the principles of maqashid sharia and economic downstreaming policies, and provides strategic recommendations for policymakers to ensure an inclusive direction for economic development. This study argues that the application of maqashid sharia principles in economic downstreaming policies can support the Indonesia Emas 2045 vision by creating a fair, inclusive, and sustainable economy. Hifz al-Maal emphasizes the optimization of natural resource added value with fair distribution of benefits, reducing dependence on foreign investment. Hifz an-Nafs focuses on creating decent jobs and protecting workers. Hifz al-Aql encourages technology transfer and human capacity development, strengthening global competitiveness. Hifz an-Nasl ensures environmental sustainability through responsible resource exploitation. Hifz ad-Din guarantees ethical principles in economic development, avoiding exploitative practices. This study confirms that the implementation of maqashid syariah can overcome the dilemma between short-term economic interests and long-term sustainability, ensuring social justice, environmental sustainability, and community welfare. In conclusion, maqashid syariah is a relevant ethical framework for directing Indonesia's economic downstreaming towards an inclusive and sustainable economy.
Copyright (c) 2026 zik wan (Penulis) https://creativecommons.org/licenses/by-nc/4.0
ANALYSIS OF THE USE OF QRIS ON CONSUMER BEHAVIOR AT CAFÉ LATHOMAN
This study aims to analyze the effect of the use of the Indonesian Standard Quick Response Code (QRIS) on consumer behavior at Café Lathoman. The research method used was descriptive qualitative, with data collection techniques through in-depth interviews and observations of ten STEBI BAMA students who were customers of Café Lathoman on September 25, 2025. The results show that the use of QRIS provides convenience and efficiency in financial transactions, as well as increasing consumer convenience. However, this convenience also encourages consumptive behavior due to a decreased perception of the value of money. Thus, the use of QRIS has a dual impact: on the one hand, it increases transaction effectiveness, and on the other hand, it creates psychological challenges in the form of a tendency to overconsume among students.
Copyright (c) 2026 Himami Firdausi, Miftahul Arifin (Penulis) https://creativecommons.org/licenses/by-nc/4.0
SHEIKH YUSUF AL-QARADAWI AND ABDULLAH AN -NA'IM'S PERCEPTION OF ONLINE SALES AGREEMENTS FROM A SHARIA ECONOMIC PERSPECTIVE
The development of digital technology has given rise to new forms of economic transactions in the form of online buying and selling (e-commerce) , which require examination from the perspective of Islamic law to ensure their continued relevance to sharia principles. This study aims to analyze the perspectives of Shaykh Yusuf al-Qaradawi and Abdullah An-Na‘im regarding online sale and purchase contracts from the viewpoint of sharia economics. The research employs a qualitative method with a literature study (library research) approach, conducted through a critical review of the works of both figures as well as relevant classical and contemporary fiqh literature.The results show that Shaykh Yusuf al-Qaradawi views online buying and selling as a valid form of muamalah as long as it fulfills the pillars and conditions of a contract and is free from elements of riba, gharar, and maysir, while emphasizing the principles of honesty, transparency, and mutual consent between the parties. Meanwhile, Abdullah An-Na‘im stresses the importance of contextualizing and reconstructing Islamic law so that it can respond to contemporary challenges, by making justice and public welfare (maslahah) the primary benchmarks for the validity of transactions. This study finds that although the two scholars employ different methodological approaches, both agree that Islamic legal principles are dynamic and adaptive to the development of digital transactions. These findings are expected to enrich the discourse in sharia economic studies and provide a conceptual foundation for understanding online buying and selling practices that are in line with the maqasid al-shariah in the digital era
Copyright (c) 2026 Lutfiatun Hasanah, Haqiqotus Sa’adah (Penulis) https://creativecommons.org/licenses/by-nc/4.0
THE KEY TO COMPETITIVE ADVANTAGE IN CREATIVITY AND INNOVATION MANAGEMENT IN THE DIGITAL AGE
This study examines the role of creativity and innovation management in strengthening organizational competitive advantage in the digital era, using a literature review method that draws upon more than twenty scholarly sources published between 2019 and 2025. The findings reveal that creativity is a unique and inimitable strategic resource, serving as the primary foundation for achieving sustainable competitive advantage. Innovation, which emerges from effective creativity management, encompasses the development of new products, processes, services, and business models that enhance organizational value and competitiveness. The implementation of digital technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), and Big Data has been proven to accelerate innovation and improve operational efficiency.Furthermore, an open organizational culture and innovative leadership play a crucial role in fostering a collaborative environment that encourages creativity and continuous learning. The synergy between human creativity, structured innovation, and the use of digital technology is identified as a key element in maintaining organizational competitiveness. Theoretically, the study reinforces the concepts of the Resource-Based View, Dynamic Capabilities, and Open Innovation, while practically emphasizing the importance of technology-driven creativity and innovation management supported by an adaptive and progressive organizational culture.
Copyright (c) 2026 Naylal Fithri, Moh febri, Miftahul Arifin, Ilham Jaya Kusuma, A.Rosikhon Fahmi (Penulis) https://creativecommons.org/licenses/by-nc/4.0
INOVASI KEMANDIRIAN EKONOMI MELALUI KOPONTREN DI PONDOK PESANTREN AL-MASHDUQIAH
Penelitian ini mengkaji manajemen inovasi melalui Koperasi Pondok Pesantren (Kopontren) di Pondok Pesantren Al-Mashduqiah, Kraksaan, Probolinggo, sebagai upaya mewujudkan kemandirian ekonomi pesantren dan pemberdayaan masyarakat sekitar. Menggunakan pendekatan kualitatif deskriptif dengan teknik pengumpulan data berupa wawancara, observasi, dan dokumentasi, hasil penelitian menunjukkan bahwa inovasi Kopontren meliputi pembentukan unit usaha diversifikasi (seperti produksi tahu, roti, simpan pinjam, grosir, toko, barber shop, dan wartel), pelatihan keterampilan kewirausahaan, penerapan prinsip ekonomi syariah, kemitraan strategis, pengalokasian keuntungan untuk pendidikan dan sosial, serta peningkatan manajemen profesional dengan melibatkan alumni. Inovasi ini berhasil meningkatkan pendapatan santri dan alumni hingga 30%, partisipasi masyarakat 40%, serta menciptakan multiplier effect melalui usaha mikro. Keberhasilan didukung oleh kepemimpinan visioner dan sinergi komunitas, meskipun menghadapi tantangan keterbatasan modal dan kapasitas manajerial. Model Kopontren Al-Mashduqiah direkomendasikan sebagai inspirasi bagi pesantren lain untuk membangun ekonomi syariah yang inklusif dan berkelanjutan
Copyright (c) 2024 Zainur Ridho, Firda Amelia Putri, Nur Iftah Maufida, Nurin Sakinati Baroroh (Penulis) https://creativecommons.org/licenses/by-nc/4.0
IMPLEMENTATION OF EDUCATIONAL FINANCING MODELS IN HIGH-QUALITY EDUCATIONAL INSTITUTIONS
The implementation of financing models in educational institutions generally relates to the management of financial resources to ensure operational sustainability and the improvement of educational service quality. An effective and efficient financing model is one that contributes to service quality enhancement, enables the achievement of targeted outcomes, supports human resource empowerment, fosters community participation, and strengthens the stability and long-term sustainability of educational institutions. This study employs a qualitative research approach, specifically descriptive qualitative design. Informants include the leadership and caretakers of Pondok Pesantren Al-Mashduqiah, as well as human resources within the finance and facilities directorates, selected through purposive sampling and supplemented with snowball sampling. Data analysis consists of data collection, reduction, display, and conclusion drawing.Findings reveal that Pondok Pesantren Al-Mashduqiah s a hybrid financing scheme combining the Public-Private Partnership (PPP) model and the Need-Based Financing Model. Implementation is carried out through systematic need assessments of institutional units, PPP planning based on these assessments, integrated budgeting that combines BOS funding, regional/national government budgets (APBD/APBN), government grants, donor support through UPIZ Al-Mashduqiah, private sector contributions (DUDI), foundation funds, and independent economic initiatives, followed by continuous monitoring and evaluation aligned with financing targets.
Copyright (c) 2025 Moh Rifa'i, Wardaniah, Yuni Rohimatus Syamsiyah (Author) https://creativecommons.org/licenses/by-nc/4.0
FAKTOR YANG MEMPENGARUHI INOVASI PRODUK DAN HARGA PENJUALAN PADA TOKO KELONTONG
Innovation is a word that is familiar to our ears and is key for the business world. Grocery stores also innovate products by producing their own products. This type of research uses quantitative methods, which aim to solve factors that influence the success or failure of grocery store sales caused by the rise of modern retail. Data collection techniques were carried out using population, sample research, data sources and questionnaires with spss 21 calculations. The research results obtained from grocery stores in rawan village were based on product innovation with product quality (<!-- [if gte msEquation 12]><m:oMath><m:sSub><m:sSubPr><m:ctrlPr></m:ctrlPr></m:sSubPr><m:e><m:r>X</m:r></m:e><m:sub><m:r>1</m:r></m:sub></m:sSub></m:oMath><![endif]--> ) with a percentage result of 69% in the medium category indicating that the store grocery hj. Sus does not indicate a high or low category. Meanwhile, the results of price (<!-- [if gte msEquation 12]><m:oMath><m:sSub><m:sSubPr><m:ctrlPr></m:ctrlPr></m:sSubPr><m:e><m:r>X</m:r></m:e><m:sub><m:r>2</m:r></m:sub></m:sSub></m:oMath><![endif]--> ) with a percentage value of 60% in the medium category also indicate that it is not in the high or low category. These results also show that there are difficulties in reaching prices for various products and that there are competitors between grocery stores. Purchase decisions<!-- [if gte msEquation 12]><m:oMath><m:r> (</m:r><m:r>y</m:r><m:r>)</m:r></m:oMath><![endif]--> are at a percentage of 54% at the hj store. Sus in rawan village which was reviewed by searching for information, indicators of recognition of various problems according to needs, evaluation of alternatives, buyer decisions and behavior after purchase.
Copyright (c) 2023 Naylal Fithri, Siti Mutmainnah (Penulis) https://creativecommons.org/licenses/by-nc/4.0
STUDI KELAYAKAN BISNIS PENGOLAHAN SUSU SAPI MURNI DALAM ASPEK PASAR DAN PEMASARAN di KUD Argopuro Krucil
This research analyzes the feasibility study of pure cow's milk processing business from the market and marketing aspects, focusing on the village unit cooperative (kud) argopuro in krucil district, probolinggo regency. The problem examined is how the feasibility of the pure cow’s milk processing business managed by kud argopuro is assessed from market and marketing aspects. This study aims to determine and analyze the feasibility of the milk processing business using qualitative field research methods. The research utilizes both primary and secondary data, with data collection techniques including observation, interviews, and documentation. The results show that the availability of raw materials, strategic factory location, and growing market opportunities make the business viable. The existence of 4,079 dairy cows in krucil supports the sustainability of milk supply. The findings conclude that, based on the market and marketing aspects, the business operated by kud argopuro is feasible and has potential for further development in the future
Copyright (c) 2024 Siti Aisyah, Yeni Fatur Rohmah (Penulis) https://creativecommons.org/licenses/by-nc/4.0
PRIORITY SCOPE ANALYSIS FOR EFFECTIVE AND EFFICIENT FINANCING MANAGEMENT AS A STRATEGY FOR DEVELOPING ISLAMIC EDUCATIONAL INSTITUTIONS
It is important to analyze and determine the scope of program financing management priorities so that it can have implications for improving the development of educational institutions gradually and targeted. Program financing on a priority scale is the main step that must be decided. The research uses a qualitative approach with case studies. The researcher describes and analyzes the analysis process and what are the priority scopes in effective and efficient financing management. Direct participation with leaders and finance staff. The data collection technique is through interviews and observations while the analysis is carried out through data reduction, data presentation, conclusion drawn, and verification. The results of this study explain that the process of analyzing the scope of financing management priorities is carried out by determining the objectives of analysis, data reduction through the identification of priority programs, data collection, data presentation, conclusion making and verification. The priority scope of financing management consists of priority scale program financing planning including needs analysis, and budgeting, and priority scale program cost planning, financing organization consists of organizing programs and estimating their costs, direction with the implementation of variance analysis, the use of information technology, cooperation and networking, identification of problems and opportunities, as well as the implementation of the scope of priorities consisting of budget preparation, bookkeeping, auditing, and accountability, and supervision consisting of budget control, supervision through bookkeeping and reporting, cash management, and stakeholder feedback.
Copyright (c) 2024 Moh Rifa'i (Penulis) https://creativecommons.org/licenses/by-nc/4.0
MANAJEMEN EKONOMI MANDIRI DALAM KEMANDIRIAN PESANTREN UPAYA MENINGKATKAN KETAHANAN EKONOMI MASYARAKAT
This study aims to describe the application of independent economic management in Pondok Pesantren Al-Mashduqiah as an effort to improve the economic resilience of the surrounding community. By using qualitative descriptive method, this study identifies pesantren business units, such as savings and loans, convection, tofu and tempeh factory, wholesale, and cooperative, which become the main source of income. The findings show that such efforts help pesantren meet internal needs and support economic resilience. However, the contribution to the surrounding community is still limited. This study highlights the importance of training, external support, and the use of technology as a strategy for developing a more inclusive pesantren economy.
Copyright (c) 2024 Roiqotul Fitria, Shevina Nazalia Rachamadinim, Siti Rohma (Penulis) https://creativecommons.org/licenses/by-nc/4.0
ANALISIS KESEJAHTERAAN EKONOMI PETANI PADI MELALUI PERTANIAN ORGANIK DI DESA LOMBOK KULON WONOSARI BONDOWOSO
Organic farming is an effort to reduce farmers' dependency on chemical fertilizers. Besides the distribution scarcity, chemical fertilizers have been proven to decrease soil fertility, which in turn affects the decline in rice yields. This research aims to determine the improvement in the economic welfare of rice farmers through organic farming and the impact of organic rice farming on the community in Lombok Kulon Village, Wonosari District, Bondowoso Regency. The method used in this research is a qualitative method with a phenomenological approach. Data collection techniques include observation, interviews, and documentation. The data analysis techniques used involve data reduction, data presentation, and drawing conclusions. The results of the research show an improvement in the welfare of rice farmers through organic farming, a positive impact on agricultural land that uses organic farming, and the development of organic tourism villages that have a positive impact on the community.
Copyright (c) 2024 Wilda Tul Uluf (Penulis) https://creativecommons.org/licenses/by-nc/4.0
PELAKSANAAN MONITORING KEPALA CABANG TERHADAP PELAYANAN KARYAWAN BMT UGT KANIGARAN PROBOLINGGO
This study aims to determine the implementation process of Branch Head Monitoring of BMT-UGT Kanigaran Employee Services in Probolinggo City. This research uses qualitative methods, the collection technique is through active observation, interviews with branch heads and BMT-UGT Sidogiri employees. This intends to find out the state of something about what and how, and so on. the results of the study, it was found that the Implementation of the Monitoring Task by the Branch Manager towards the Service of BMT-UGT Kanigaran Employees of Probolinggo City, is to use Sidak, or unscheduled according to the wishes of the Branch Manager.
Copyright (c) 2024 Badrut Tamam, M. Munir (Penulis) https://creativecommons.org/licenses/by-nc/4.0
PENERAPAN MANAJEMEN STRATEGI UMKM DALAM MENGHADAPI PERSAINGAN BISNIS DI KAWASAN PPS Al-UTSMANI BONDOWOSO
Micro, Small and Medium Enterprises or UMKM are the business group that has the largest number and has proven to be resistant to various shocks from the economic crisis. Strategy is very important to determine the company's success in achieving its long-term goals. By choosing the right strategy for a particular company position, a company will have a competitive advantage. The aim of this research is to find out what strategies are used by Micro, Small and Medium Enterprises (UMKM) owners in facing business competition. This research method uses descriptive qualitative, previously interviews were conducted with resource persons with the results obtained in the form of strategies implemented by sellers in promoting the goods they sell. It can be concluded that business competition in the Al-Utsmani Salafiyah Islamic boarding school is so great that sometimes business actors are at a disadvantage in dealing with this situation, therefore business strategies play a very important role.
Copyright (c) 2024 Haqiqotus Sa’adah, Kazimah, Sri Yuliati Ningsih, Ainur Rohmah, Muhammad Bahanan (Penulis) https://creativecommons.org/licenses/by-nc/4.0
ANALISIS SWOT DALAM MENENTUKAN STRATEGI PENGEMBANGAN USAHA TERNAK ITIK PETELUR PERSEPEKTIF BISNIS ISLAM
The poultry industry is the main trigger for national development in the livestock sub-sector. One of the businesses that the community is involved in is laying duck farming. Laying duck farming business has good prospects for development, both as a main business and as a side business, such as duck farming. Mr. Mil, who is located in Bulu Village, Kraksaan District, Proboliggo Regency with an intensive maintenance system. The purpose of this research is to analyze the development of Mr. Mil's laying duck business which is located in Bulu Village, Kraksaan District, Proboliggo Regency. The research was conducted using the SWOT analysis method while the data collection technique was by conducting interviews and observation. In terms of data sources, additional material comes from written sources, namely documents and journals. The results showed that alternative strategies that can be applied in business development are increasing production capacity through adding cages, having relationships with more than one agent and retailer, making maximum use of technology, building cooperation with local government agencies or governments, observing the maintenance of ducks from climate and unstable weather, Utilizing alternative feeds to overcome duck feed, Increasing promotions by utilizing social media, Adding distribution channels.
Copyright (c) 2024 Fasihul Lisan, Mabruroh Munib (Penulis) https://creativecommons.org/licenses/by-nc/4.0
KONSTRUK PENGEMBANGAN INDUSTRI HALAL UMKM MELALUI PENGUATAN EKONOMI DIGITAL DI INDONESIA
Digital technology as a key component of the industrial revolution is one of the crucial inputs for the halal MSME industry to expand its business lines. This study aims to find out the portrait of the digital economy constructs as a means of developing the MSME halal industry in Indonesia. This type of research is qualitative research which is library research. Sources of data come from secondary data obtained through articles, journals, documentation books, and the internet, including data published by institutions that have trusted credibility, such as Bank Indonesia (BI), Ministry of National Planning and Development, and related institutions. other. Based on the search, three important strategies were found in efforts to develop the MSME halal industry through strengthening the digital economy, namely: 1) Encouraging the formation of halal MSME human resources who understand the digital economy, 2) Encouraging digital transformation for halal MSME, 3) Utilizing Industry 4.0 technology to encourage MSME growth halal which focuses on HVC by utilizing digital economic infrastructure. The three main programs (quick-wins) recommended are: 1) Developing online marketplaces and halal payment systems for MSMEs, 2) Providing digital business guidelines and sharia compliance for MSMEs that are accessible to the public, 3) Increasing digital and halal literacy value-chain for SMEs with various programs.
Copyright (c) 2024 Handry Cahyopy (Penulis) https://creativecommons.org/licenses/by-nc/4.0
ANALISIS PEMBERIAN HADIAH DALAM PRODUK SIMPANAN BERJANGKA WADIAH (SAJADAH) DI BMT NU CABANG MLANDINGAN SITUBONDO
Baitul Mal wat Tamwil (BMT) is one form of sharia-based Microfinance Institution (MFI). The name BMT has two terms, namely the term baitul maal which means the management of worship treasures and the term baitul tamwil which means the collection and distribution of commercial funds. In BMT there are several financing products like other financial institutions, as well as the NU BMT in the Situbondo area which has several financing products. However, there is one product that is interesting to study at BMT NU Mlandingan Situbondo Branch, namely the wadiah prize savings product (SAJADAH) where customers will get a gift directly when opening the savings but with an agreed period of time. This is interesting to be used as research material because in a wadiah contract it is not allowed to promise a gift at the beginning of the contract. In this research, normative research is used while the approach used is an analytical approach where the SAJADAH savings product is the object of research. The results obtained from the analysis of gift giving in the wadiah contract that occurs at BMT NU Mlandingan Situbondo Branch are that this practice is permissible because the practice of giving gifts at BMT NU Situbondo is in accordance with the provisions of the DSN-MUI fatwa and the purpose of giving these gifts does not violate the provisions of the Sharia
Copyright (c) 2024 Bayu Aria Pratama, Faizatul Ummah (Penulis) https://creativecommons.org/licenses/by-nc/4.0
STRATEGI PEMASARAN DI ERA DIGITAL DENGAN MENERAPKAN BERBISNIS SECARA ISLAM (STUDI USAHA GROSIR AL-MASHDUQIAH)
This research aims to find out and analyze how marketing concepts and strategies in the digital era and Islamic business are implemented by the Al-Mashduqiah Wholesale shop business unit located on Jl. Juanda No. 370, RT.01, Kp. Arabic, Benchmark, District. Kraksaan, Kab. Probolinggo The aim of this research is to find out and analyze Marketing Strategy from an Islamic Business Perspective, Al-Mashduqiah Wholesale Shop Business Study. and how to implement it for micro, small and medium enterprises and small and medium enterprises so that it is hoped that the resume results from this research can be used as a framework or model for other business actors. This research uses descriptive research and uses field studies and analyzes concepts carried out by Al-Mashduqiah Wholesale shop entrepreneurs. The results of this research indicate that the marketing strategy carried out by the wholesale shop business unit is to do business according to Islamic sharia in the micro, small and medium wholesale shop business sector. The results show that the Al-Mashduqiah Wholesale shop business belongs to the Islamic boarding school business unit located in the Patoan Arab Village Islamic boarding school, Kec. Kraksaan applies good Islamic business behavior from entrepreneurs to be applied in his business sector. In implementing marketing strategy activities, wholesale shop business actors have understood and implemented Islamic principles or values ​​based on the sources of the Al-Qur'an and Hadith.
Copyright (c) 2024 Siti Aisyah (Penulis) https://creativecommons.org/licenses/by-nc/4.0