International Journal of Islamic and Middle Eastern Finance and Management: Volume 12 Issue 5

The practice of local economic development and Maqāṣid al-Sharī‘ah: Evidence from a Pesantren in West Java, Indonesia

Fahmi Ali Hudaefi, Neni Heryani

This paper aims to study the Pesantren’s role in alleviating the poverty in rural region, and the discussion is connected to the theory of local economic development and Maqāṣid…

The role of banking regulation in the development of Islamic banking financing in Indonesia

Nur Dyah Nastiti, Rahmatina Awaliah Kasri

The 2015 global economic crisis has triggered the issuance of several banking regulations in Indonesia, including those related to temporary stimulus for Islamic banks and…

Why do Indonesian Muslims donate through mosques?: A theory of planned behaviour approach

Rahmatina Awaliah Kasri, Untung Handayani Ramli

This study aims to determine the factors that influence the decisions of Muslims in Indonesia, the world’s largest Muslim country and recently acknowledged as the world’s most…

Implementation of dual monetary policy and its relevance to inflation and unemployment in the Phillips curve context in Indonesia

Amrial, Ahmad Mikail, Tika Arundina

Studies linking monetary policy to inflation and unemployment rates in the context of the Phillips curve are limited to conventional economics. On the other hand, research related…

Finance-growth nexus: Islamic finance development in Indonesia

Ryanda Al Fathan, Tika Arundina

There are many studies related to finance-growth nexus, but existing empirical evidences still have not provided conclusive result of the nature and direction of this…

Examining financial needs of banking customers for product development in Islamic banking in Indonesia: A Maslahah pyramid approach

Aimatul Yumna

This study aims at product development in Syariah banking, using the theory of Pyramid of Maslahah. Product development are important aspects of Islamic banking to realize Maqasid…

Ramadan’s impact on the optimism of analysts’ recommendations

Harit Satt, Sarah Nechbaoui, M. Kabir Hassan, Selma Izadi

This paper aims to document the impact of Ramadan on the optimism of analysts’ recommendations taking as a sample the countries of the MENA region during the period between 2004…

Assesment of zakat distribution: A case study on zakat community development in Bringinsari village, Sukorejo district, Kendal

Rahman Saleh Rahmat, Mohamad Soleh Nurzaman

This study aims to assess the feasibility of zakat distribution conducted by zakat community development program, one of the BAZNAS programs in Bringinsari village, Sukorejo…