Al-Musthofa: Journal of Sharia Economics 2024-07-08T08:04:58+00:00 Al-Musthofa Journal Editorial Team Open Journal Systems <p>This journal contains writings of research results or theoretical studies related to sharia economics, sharia finance and sharia banking.This journal is published by the Faculty of Economics and Islamic Business IAI Tarbiyatut Tholabah Lamongan.&nbsp;This journal is published in 2 (two) editions every year, June and Desember editions.</p> <p><strong>Print ISSN: </strong><a href="">2622-1977</a></p> <p><strong>Online ISSN: </strong><span style="font-size: small;"><a href=""><span style="font-family: helvetica;"><span style="font-family: helvetica;">2654-7228 </span></span></a></span><strong><br></strong></p> Pengelolaan Zakat Produktif Sebagai Pembangunan Kesejahteraan Masyarakat Secara Berkelanjutan Di Indonesia 2024-07-01T13:06:48+00:00 A. Fahmi Zakariya Eka Syuhana Ika Nazilatur Rosida <p><em>This article with title “Pengelolaan Zakat Produktif sebagai Pe</em> <em>mbangunan Kesejahteraan Masyarakat Cecara Berkelanjutan di Indonesia</em><em>”.</em><em> Management of productive zakat is one of the efforts to distribute zakat which is effective in helping to solve social problems, and encourage the development of community welfare. In order for this goal to work, productive zakat must be managed appropriately, so that the problem of poverty in the community can be reduced. The method used in this paper uses a qualitative method with a literature approach that uses supporting data that is analyzed descriptively. The results of this writing explain the management of productive zakat, and zakat in the development of community welfare in a sustainable manner. From the results of this paper, it can be seen how the efforts of community empowerment are supported by the management of productive zakat. In this case, it focuses on the distribution of productive zakat for zakat recipients (mustahiq) so that their economy can be built independently and their achievements can become zakat payers (muzakki).</em></p> 2024-06-30T00:00:00+00:00 Copyright (c) Pemasaran Islami: Mengoptimalkan Potensi Pasar dengan Prinsip Keadilan dan Etika Ekonomi Islam 2024-07-01T13:08:18+00:00 Nur Hidayatul Istiqomah Ihda Shofiyatun Nisa’ Latifatul Husniyah <p><em>This study aims to investigate the concept of Islamic marketing and how its implementation can optimize market potential with principles of justice and Islamic economic ethics. Business ethics in Islamic marketing involve adherence to moral principles and religious values, while justice ensures fair treatment for all parties involved. In the context of Islamic marketing, companies are expected to maintain integrity, avoid practices that are inconsistent with Islamic teachings, and ensure fair pricing and value of products or services offered. Ethical values in Islamic marketing include honesty and accuracy in conveying information to consumers, while avoiding deceptive promotions or violations of Sharia principles. Islamic marketing also reflects a company's commitment to religious values and contributes to sustainable economic growth. This research provides insights into the importance of Islamic marketing in optimizing market potential with principles of justice and Islamic economic ethics, and provides a foundation for companies to develop marketing strategies aligned with Islamic values in order to achieve sustainable business goals.</em></p> 2024-06-30T00:00:00+00:00 Copyright (c) Analisis Pengaruh Locus of Control dan Financial Literacy Terhadap Minat Investasi di Lembaga Keuangan Syariah 2024-07-01T13:09:33+00:00 Rati Anjellah Khurul Aimmatul Umah <p><em>This quantitative descriptive research aims to find out how locus of control and financial literacy influence investment interest in Islamic financial institutions, both partially and simultaneously. Data was taken using a Likert-scale questionnaire from 100 respondents selected using purposive sampling. Data analysis was carried out using descriptive analysis and multiple regression statistical analysis using analytical tools, namely IBM SPSS 22. The results of the research show that locus of control partially does not influence does not influence investment interest in sharia financial institutions. Meanwhile, financial literacy partially has a positive and significant influence on investment interest in sharia financial institutions. Simultaneously, locus of control and financial literacy have a positive and significant influence on investment interest in sharia financial institutions.</em></p> 2024-06-30T00:00:00+00:00 Copyright (c) Analisis Kinerja Keuangan Perbankan Syariah dan Konvensional Sebelum dan Sesudah Covid-19 di Indonesia Periode 2016-2023 2024-07-01T13:10:59+00:00 Auzia Hilmy Muhammad <p><strong><em>Abstract: </em></strong><em>The impact of Covid-19 includes slowing financing growth and increasing financing problems because many people have lost their source of income. This research aims to find out whether there are differences in the financial performance of Sharia and conventional banks between before and after the Covid-19 pandemic. The samples taken were some Sharia and conventional banks that publish annual financial report data from 2016 to 2023. The number of samples in this research was 5 conventional banks and 5 sharia banks. Testing methods and data analysis using Eviews. The results of this research show that a comparison of financial performance between conventional and sharia banking before the COVID-19 pandemic shows that there is no significant difference in financial performance based on CAR, NPL/NPF and ROA ratios in sharia banking. However, there are significant differences in financial performance based on BOPO and FDR/LDR ratios in Islamic banking. The financial performance of conventional banks showed a decline after the COVID-19 pandemic based on the CAR, NPL/NPF, ROA and BOPO ratios, while the FDR/LDR ratio showed an increase. Meanwhile, the financial performance of conventional banks is worse compared to sharia banks after the Covid-19 pandemic based on CAR, NPL/NPF and BOPO, but better based on ROA and FDR/LDR</em>.</p> 2024-06-30T00:00:00+00:00 Copyright (c) Jual Beli Pakaian Bekas (Thrift) Perspektif Ekonomi Islam 2024-07-01T13:12:15+00:00 Ahmad Badrut Tamam <p><em>This research describes the mechanism for buying and selling used clothes at the Raskin Second Store and how the buying and selling of used clothes is done from an Islamic Economics perspective. The results of this research show that the mechanism for buying and selling used clothes includes: stock procurement, sorting process, cleaning, photographing, giving away. prices, displays and buying and selling transactions with customers. In buying and selling used clothes, Raskin Second Store has implemented several Islamic economic principles, namely monotheism, morals, justice, balance and freedom.</em></p> 2024-06-30T00:00:00+00:00 Copyright (c) Pengelolaan Program Koin Nahdlatul Ulama Untuk Kesejahteraan Masyarakat 2024-07-01T13:13:23+00:00 Shofiyah Izmet Muhammad Fendy <p><em>To find out the management of the NU coin program at LAZISNU Ranting for the welfare of the community and to find out the obstacles and solutions for managing the NU coin program at LAZISNU Ranting Drajat, is the aim of this research. This research uses descriptive qualitative research methods, with a case study type, data collection using interview, observation and documentation methods. Meanwhile, to prove the validity of the data using data triangulation, data sources and analysis techniques are used with the steps of data correction, data reduction, data presentation and drawing conclusions. The results of this research show that (1) The management of the NU coin program at LAZISNU Ranting Drajat has implemented management functions, namely planning, organizing, mobilizing and supervising. Planning includes short-term planning, medium-term planning, and long-term planning. Organizing forms administrators and determines their respective tasks and functions, mobilization which includes guidance, coordination, motivation, communication and supervision, including supervision in the collection, distribution and finance sections. The management of the NU coin program is also able to improve the welfare of the community, namely prosperity both in terms of physical, mental and spiritual aspects. (2) the management's obstacles in managing the NU coin program were that the administrator was not present at the time of collecting the cans and counting time, distribution was not on time, and members of the cans did not fill the cans. The management is inactive, and financial reporting is not yet good. The solution is to remind the management before it is time to collect the coin cans and counting time, invite other administrators who can, socialize and motivate the can members, replace the management with other people, and plan to collaborate with institutions to improve the quality of administration and finances.</em></p> 2024-06-30T00:00:00+00:00 Copyright (c) Analisis Produksi dalam Sistem Ekonomi Islam: Prinsip, Praktik, dan Implikasinya terhadap Kesejahteraan Umat 2024-07-08T08:04:58+00:00 Alivia Choerunnisa Ubaid Aisyul Hana Nur Sa’idatuurrohmah <p><em>This research aims to analyze production in the Islamic economic system with a focus on principles, practices and empowerment towards the welfare of the people. Islamic economics, which is based on sharia, offers a unique approach to production that is different from conventional economic systems. This study examines the basic principles of Islamic economics such as justice, balance and social responsibility, as well as how these principles are applied in production practices. Through a qualitative approach and literature analysis, this research finds that production in an Islamic economy does not only focus on material profits, but also considers moral and social aspects. The research results show that the application of Islamic economic principles in production can improve the welfare of the people through fairer distribution, reduce poverty, and create more ethical employment opportunities. In addition, this research identifies challenges faced in implementing the Islamic economic system, such as a lack of understanding and regulatory support. In conclusion, production in an Islamic economic system has great potential to improve the welfare of the people if implemented well, and further research is needed to overcome existing challenges and optimize the application of sharia principles in a modern economic context.</em></p> <p><em>&nbsp;</em></p> 2024-07-08T00:00:00+00:00 Copyright (c)