This study examines whether mobile money is perceived as sufficient relative to a bank account using Global Findex 2024 microdata. It uses a new survey question that asks mobile money users whether their account meets all financial needs or whether they would still like to open a bank account. Based on more than 8,000 mobile money users across 33 economies, the analysis estimates country fixed-effects logit models with demographic, socioeconomic, digital-access, risk, and saving and borrowing behaviour, alongside heterogeneity by gender, rural-urban status, and income. About 59% of users report that mobile money is sufficient. Perceived mobile-money sufficiency is positively associated with being female, older, less-educated, and outside the workforce. By contrast, internet use, wrong-number transfer errors, fraud attempts, climate-shock exposure, and borrowing experience are negatively associated with perceived sufficiency. Saving through mobile money is one of the strongest positive correlates. The findings suggest that mobile money is more likely to be perceived as sufficient for selected banking functions, especially transfers, liquidity management, and basic saving, but less likely to be viewed as replacing the broader security, recourse, credit, and intermediation associated with formal banking.

The advancement of information technology into digital today makes technology in the banking sector utilized in the marketing process, promotions, to technology-based transaction aids. In the midst of rapid advances in information and communication technology, banks are competing to improve digital services, especially for Islamic banks, One of the electronic banking products that is currently being widely used is mobile banking. Fulfilling customer needs for excellent banking services and being able to generate loyal customers can increase customer satisfaction. This study aims to analyze the factors that influence the satisfaction of Islamic mobile banking users among generation Z in Bogor Regency. This research uses a quantitative approach, where data is collected through questionnaires distributed to 200 respondents who are generation Z sharia mobile banking users in Bogor Regency and then further analyzed using SMART PLS 4.0 with the PLS-SEM method. The factors analyzed in this study include ease of use, perceived benefits, security, price value, and hedonic motivation. The results of the analysis show that ease of use and benefits have no significant effect on the satisfaction of Islamic mobile banking users while security, price value, and hedonic motivation have a significant effect on the satisfaction of Islamic mobile banking users.

In the contemporary Indonesian economy, banks serve as fundamental financial institutions that play a pivotal role in shaping economic activity, influencing income distribution, and maintaining price stability. The introduction of sharia banking in 1992 was largely driven by concerns within the Muslim community regarding the permissibility of interest (riba) under Islamic law. As a result, sharia banking emerged as an alternative financial system that aligns with Islamic principles, offering interest-free banking solutions. This study provides a comprehensive descriptive analysis of Indonesia's regulatory and legal preparedness in supporting the growth and sustainability of sharia banking institutions over the past three decades. It examines key factors such as economic potential, the availability of skilled human resources, and disparities in asset accumulation between conventional and sharia banks. Additionally, this research assesses the significant developments in the sharia banking sector over the past five years, highlighting key achievements, policy advancements, and institutional reforms aimed at enhancing financial inclusion and competitiveness. Furthermore, the study explores the prospects and challenges of sharia banking in the era of technological disruption. The rapid evolution of digital financial services, fintech integration, and regulatory advancements have created both opportunities and obstacles for the sector. While technology facilitates greater accessibility and operational efficiency, it also poses challenges related to cybersecurity, regulatory adaptation, and market competition. By analyzing these dynamics, this research aims to provide valuable insights into the future trajectory of sharia banking in Indonesia and its potential contributions to a more inclusive and resilient financial system. Keywords: Sharia banking, Islamic finance, regulatory framework, economic potential, technological disruption

This study aims to analyze potential collaboration models between sharia fintech and Bank Pembiayaan Rakyat Syariah (BPRS) in Indonesia and to determine which model offers the highest strategic impact according to expert judgment. Using the Analytic Network Process (ANP), this research evaluates four alternative collaboration models identified through literature review and expert interviews. The first model is Sharia Fintech as a Technology Enabler and Referral Partner, where fintech provides prospective customer referrals to BPRS. The second model is Sharia Fintech as a Technology Enabler and Distribution Channel, functioning as a fund channeling intermediary between BPRS and customers. The third model positions fintech as a technology enabler for creditworthiness assessment, focusing solely on credit scoring activities. The fourth model is Sharia Fintech as a Sharia Peer-to-Peer (P2P) Financing Enabler, in which fintech provides a project marketplace for BPRS to fund, with financing flows conducted through the P2P platform. ANP results show that Model 4 is the most preferred option, while Model 3 is the least recommended. Managerially, BPRS should prioritize Model 4 and establish a joint coordination team with fintech under the supervision of the sharia fintech association.

Waqf management represents a vital component of Islamic finance, ensuring the efficient administration of assets allocated for charitable and religious objectives in alignment with Shariah principles. A standardized evaluation framework, such as the Waqf Cores Principles Implementation Index (WCPII), is crucial for enhancing the governance and performance of waqf institutions. Established in 2021, the WCPII offers a systematic framework for evaluating the efficacy of waqf managers (nazir) in applying essential principles. This paper has three objectives. First, this study uses focus group discussion (FGD) with waqf experts to assess the WCPII and whether additional variables or indicators are eliminated. Second, this study will develop a website-based WCPII digital application prototype to help Indonesia's waqf regulator analyze waqf institutions' management. Third, this work examines the IPB University Waqf Institution's WCPII implementation. For the first objective, this study developed the WCPII by including key variables representing the implementation of the seventeen waqf core principles. At least two indicators should be added to the current variables to make assessing and evaluating WCP implementation in waqf institutions more meaningful. For the second objective, this research was successful in creating a direct website-based application on BWI's Nazir e-service website, which BWI can then use to evaluate Nazir governance and administration. For the third research objective, the IPB University waqf institution obtained a total score of 0.905, indicating that it accomplished excellently in implementing the indicators in this index. This study has important implications for waqf management in Indonesia and beyond. Enhancing the WCPII with extra indicators and creating a digital application offers waqf regulators and institutions a more effective tool for assessing and advancing waqf governance. This study's findings and technological innovations enhance the management of waqf assets in Indonesia and provide a model applicable to waqf institutions in other countries, thereby reinforcing global waqf management practices.

The development of the internet and cell phones today has had a big impact on the economy and has become an inseparable part of it. Gopay is a part of economic development in Indonesia which has competed for public attention and generates interest in using it. The purpose of this study was to determine the effect of sharia promotions, ease of use, and digital wallet service quality on the decision to use Gopay. Using purposive sampling and the slovin formula, the sample of this study consisted of 100 respondents. The methodology used in this research is multiple regression analysis. The results of this study simultaneously promote sharia, ease of use and quality of service have a significant influence on the decision to use Gopay. Partially sharia promotion and service quality have a significant influence on the decision to use Gopay, while ease of use does not have a significant effect on the decision to use Gopay. For future researchers, it is expected to add variables in order to find out other factors that can influence the decision to use Gopay. Because in this study there were 19.7% other factors that influenced the decision to use this platform.

This study aims to determine the effect of the level of knowledge, trust and reputation of the institution on the intention to pay zakat through BSI mobile. The population used in this research is the people of Bogor district, the research sample is 100 respondents. The method used in this study is a quantitative approach method, and uses the SEM (structural equation modeling) data analysis method with the PLS (partial least square) approach which is processed using the Smart PLS 4 application. The results show that the trust and reputation variables of the institution have a significant influence. significant effect on the intention to pay zakat while the level of knowledge has no significant effect. Simultaneously the variable level of knowledge, trust and institutional reputation has a influence of 42% on the intention to pay zakat, hile the remaining 58% is influenced by other variables not examined in this study.

The Central Bureau of Statistics (BPS) recorded that the Indonesian population living below the poverty line as of March 2016 reached 28.01 million people. Although Indonesia's poverty tended to decline in 2016, the World Bank considers that Indonesia's economic inequality has widened in the last 15 years. Poverty in Indonesia is motivated by financial exclusion. Financial exclusion is the lack of access, faced by those most in need, to cheap, fair and safe financial services from mainstream service providers. This study aims to determine the development of Financial Exclusion research trends published by leading journals on Islamic financial economics. The data analyzed consisted of 597 indexed research publications. The data is then processed and analyzed using the VoSviewer application to determine the bibliometric map of Financial Exclusion research development.

This study critically examines the Fatwa MUI No. 105 on sharia ruling of capital guarantee in a mudharabah contract in Islamic bank practices. Some opinions from sharia Fatwa which is issued by International Fatwa Issuing-Bodies and Classical Muslim Scholars were used to obtain the holistic view on mudharabah capital guarantee. This study employs qualitative approach to assess the opinion of sharia scholars and utilizes inductive approach to summarize the data or information that are collected. The main data of this study is fatwa MUI No.105, Muslim scholars’ opinion from Fiqh or Ushul Fiqh literature, and group of international fatwas that are issued by reputable fatwa-issuing body. The study found that the MUI Fatwa No.105 which is stated that mudharib can guarantee mudharabah capital voluntarily contradicts to majority of four mazaahib, International Islamic Fiqh Academy and AAOIFI that state the mudharib is not allowed to guarantee the capital of the mudharabah. In addition, the Fatwa was not included the aspect of Amanah in its stipulation. However, under sharia methodology of maslahah, mudharib is still allowed to provide capital guarantee in certain situations: first, if mudharib is doing negligently in business, second, mudharib willingly impose themselves to guarantee the mudharabah capital, third, afraid of loss of potential customer, and lastly, mudharib voluntarily guarantee only the capital not profit.

Surplus underwriting in the context of Islamic insurance (takaful) refers to the process of managing and distributing any surplus that may arise in the takaful fund after covering claims and operational expenses. This paper attempts to discuss two sharia issue regarding the tabarru’ concept that is applied in takaful operations, and underwriting surplus of the tabarru’ fund. To obtain coherent and comprehensive analysis, this paper discusses the opinion from the opponents and the proponent’s side of view. There are two main views, whereby AAOIFI, IFSB, and Fatawa Ta’min, Dallah al-Barakah stated that underwriting surplus must be fully distributed to the participants. Meanwhile, SAC-BNM, MUI (Majelis Ulama Indonesia), and the majority of scholars are of the view that underwriting surplus is allowed to be shared between participant’s and takaful institution as long as stipulated upfront in the contract.

The development of the internet certainly does not only affect technology and information. With this progress, people can access the world digitally. The digital world will become an important point for all human activities, including business activities. The digital era offers marketers a new and efficient way. Digital marketing studies consumer behavior, products, brands, and services tailored to customer needs and wants. The use of an effective promotional strategy can be seen in the extent to which the brand of the product being marketed becomes top of mind in the minds of consumers and becomes a brand preference for consumers when they want to make a purchasing decision. The purpose of this study was to determine the effect of digital marketing and promotional strategies in building brand awareness on purchasing decisions from an Islamic perspective. The sample used in this study was composed of 100 Senior High School student respondents in Bogor City using purposive sampling. This research methodology is quantitative, with multiple linear regression analysis techniques, and processed with SPSS AMOS 22. The results of this study are that digital marketing (X1) and promotion strategy (X2) have a direct and significant positive effect on the formation of the brand awareness (Z) variable of 58.3% and indirectly, the digital marketing variable (X1) and promotion strategy (X2) affect the purchasing decision variable (Y) through the brand awareness variable (Z) as an intervening variable with a value of 85.6%.

Dikutip dari laman resmi Sustainable Development Program-United Nation (2021) bahwa mengurangi ketimpangan merupakan tujuan ke 10 dari 17 tujuan dalam program SDGs yang salah satu targetnya ialah secara progresif mencapai dan memelihara pertumbuhan pendapatan dari 40 persen populasi yang paling bawah di tingkat yang lebih tinggi dari rata-rata nasional. Penelitian ini bertujuan untuk mengetahui pengaruh Keuangan Inklusif terhadap Ketimpangan Pendapatan Nasional dan Pengaruh Pembiayaan Bank Syariah terhadap Ketimpangan Pendapatan Nasional. Penelitian ini menggunakan jenis penelitian kuantitatif asosiatif, menggunakan variabel Inklusi Keuangan (Dana Pihak Ketiga Bank Syariah) dan variabel Pembiayaan Bank Syariah (Pembiayaan Bank Syariah) untuk mencari tahu adakah pengaruh dari variabel tersebut terhadap variabel dependennya yaitu Ketimpangan Pendapatan Nasional (Gini Rasio). Data yang dikumpulkan merupakan data sekunder dan data time series. dalam penelitian ini menggunakan metode regresi data panel yang diolah menggunakan software Eviews 12. Temuan dari penelitian ini yaitu Inklusi Keuangan berpengaruh positif terhadap Ketimpangan Pendapatan Nasional dan Pembiayaan Bank Syariah memiliki pengaruh negatif terhadap ketimpangan Pendapatan Nasional. Pada variabel Inklusi Keuangan, Pembiayaan Bank Syariah dan Ketimpangan Pendapatan Nasional di sarankan untuk dapat menggunakan indikator lain yang lebih beragam dan bervariasi agar dapat menjangkau seberapa jauh Inklusifitas keuangan syariah di indonesia. serta dapat memberikan dampak positif bagi program SDGs secara luas untuk masyarakat nasional maupun internasional

Governance refers to the processes and structures implemented by organizations to ensure that they operate effectively, responsibly, and in accordance with legal and ethical standards. It encompasses the systems and practices by which organizations are directed, controlled, and held accountable. Governance is a critical aspect of various sectors, including business, government, non-profit organizations, and other institutions. This paper studied two groups of Muslim and Non-Muslim countries by comparing their governance performances using several indicators of Worldwide Governance Indicators (WGI) within 2015 to 2019. The objectives are: (1) to evaluate the performance of Muslim world nations compares to the non-Muslim counterparts in terms of governance and related issues; (2) to deduce the implication for policy, in order to improve the performance of economic and governance indicators in countries. In general, the results show that in several indicators, Muslim-based countries have advantages over non-Muslim countries. However, on several other governance indicators, Muslim countries are relatively behind. Therefore, in the future, governance in Muslim-based countries needs to be improved to make it better.

This study attempts to analyze the productivity level of Takaful industry in Indonesia, both in terms of changes of its efficiency and also its technological. There are two things that are calculated in Malmquist index measurement that is catch-up effect and frontier shift effect. Findings from the results are very interesting. The average value of the overall efficiency of Takaful industry in Indonesia is relatively medium at 77.8%, while the mean standard deviation is 0.17. This indicates the enough good performance of Takaful industry in Indonesia. In general, there has been an increase in the level of productivity of Takaful institutions in Indonesia in the period 2016 to 2018, even though its very small. The increase in productivity growth (1.076) of Takaful institutions in Indonesia is generally caused by technological change (1.078) instead of changes in efficiency (0.998). Thus the service of Takaful institutions is needed which is more innovative in relation to the development of technology in the future.

The Sharia State Savings Bank (BTN) is a business unit that receives FLPP funds from the government, BTN Syariah is also a subsidiary of Conventional BTN Bank, which has become the second best bank in implementing the Subsidized Mortgage Program in Indonesia after Bank BTN Conventional. Bank BTN Syariah is the best Islamic bank that supports and implements programs provided by the government, namely the Housing Financing Liquidity Facility (FLPP) and the Ministry of Public Housing (KEMENPERA) which are intended for low-income communities and non-fixed income communities. This study aims to find out what the problems are and what solutions and strategies are used by Bank BTN Syariah Kcps Cibinong in carrying out the marketing of its superior product, namely subsidized mortgages aimed at MBR (low-income people). The results of this research have identified Internal and External Problems, internal problems and solutions consist of Funding (poor funding, funds provided, profit sharing), Marketing (business network, digital, product creativity), Performance (target target, time spent on marketing). real, sales). External problems and solutions consist of Covid (inflation, buying behavior, income), Developer (high selling price, house quality, location), Government (lack of supervision, funding support, policies). Keywords: marketing strategy, subsidized mortgages, low-income people

This study attempts to map research related to the efficiency of Takaful (Sharia Insurance) published by Dimensions.ai indexed journals from 2010 to 2022. NVivo 12 Plus is used to conduct thematic studies and the frequency is used to evaluate 56 publications in scientific literature. The results of the study found that the number of publications fluctuated from year to year related to Takaful efficiency research which indicated that this topic was an interesting topic and should continue to be developed. In addition, various focus discussions and cluster analysis that describe the research paths in Takaful efficiency research include (1) Cost efficiency in the takaful industry, (2) Comparison of the efficiency levels of takaful and conventional insurance, (3) Islamic insurance from a macro (industry) perspective. This research can be used as a starting point for experts to build graphical visualizations of Takaful efficiency research patterns in published scientific research.

This study aims to look at the development of research on "Tourism in OIC" worldwide and research plans that can be carried out based on published journals with this theme. This study used a qualitative method with a bibliometric analysis approach. The data used is secondary data with the theme "Tourism in OIC" from the Scopus database with a total of 655 journal articles. Then, the data is processed and analyzed using the VosViewer application to know the bibliometric map of the development of "Tourism in OIC" research worldwide. The results of the study found that in the bibliometric author mapping, the authors who published the most research on the theme "Tourism in OIC" were Henderson JC; Jalilvand MR; Samiei N; Ahmed F.; Haque A.; Abdullah K.; Razali SS; Michael Hall C.; Prayag G; and Cusack CM Furthermore, based on the bibliometric keyword mapping, there are 3 clusters that can become research lines with topics related to Challenges in the Development of Tourism Amidst the Covid-19 in OIC, Halal Tourism and its Impact on Muslim Tourists' Satisfaction in OIC and Community Engagement and Cultural Hospitality in OIC, and for the words most used are destination, development, Muslim tourist, and challenge.