International Conference of Islamic Economics, Business, Social and Tourism Development (ICONIBUST)
Welcome to the proceedings of the 5th International Conference themed Analysis of Global Investment on Sustainability of the People’s Economy. This conference brings together academics, researchers, practitioners, and policymakers from around the world to discuss and analyze the role of global investment in supporting the sustainability of local economies. This theme is highly relevant in the era of globalization, where investment has a significant impact on local economic welfare and environmental sustainability. Topics to be discussed include investment strategies, green economy, community economic empowerment, as well as the social and environmental impacts of global investment flows. In these proceedings, you will find scholarly articles offering in-depth analysis, case studies, and innovative solutions aimed at promoting investment that supports the sustainable economy of the people. We hope this proceeding serves as an essential reference for academics and practitioners in creating a more inclusive and sustainable global investment ecosystem.
Economic Growth Through Women's Cooperatives
Abstract This study aims to analyze economic growth through one of the people's economic efforts, namely cooperatives, especially women's cooperatives. Cooperatives with the strength and spirit of togetherness can improve the economic welfare of members, further increasing economic growth. Data was collected through questionnaires to 40 members, 5 administrators and in-depth interviews with 3 core administrators of the Nurul Amal women's cooperative. This cooperative consists entirely of women. Most of the members of this cooperative participate actively both in terms of attending RATs, providing suggestions/suggestions and sharing knowledge/skills. Cooperative managers carry out their duties very well so as to make this cooperative continue to grow. They are committed to carrying out RAT at the beginning of each year and distributing SHU every year. The motive of the management of this cooperative is not to expect material returns, but rather to care and provide benefits to the community from an economic standpoint. The business unit of this cooperative is regional supervisor, especially groceries and savings and loans. Members who shop at Waserda Cooperative do not have to pay in cash, but can also do it in installments. This is felt to be very helpful for members who are struggling economically to meet the basic needs of their families. Dominant cooperative members (> 90%) feel that the existence of cooperatives can improve family welfare both in terms of fulfilling business capital needs, education costs and family members' health Keywords : economic growth, women's cooperatives
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ANALYSIS OF MARKETING DIGITALIZATION IN INCREASING MSME INCOME IN DELI SERDANG REGENCY (SHOPEE CASE STUDY)
This study aims to find out how the application of marketing digitalization in increasing the income of MSMEs in Deli Serdang Regency (Shopee Case Study). A qualitative approach is used in this study, using a descriptive methodology. In this study, documentation, interviews, and observations are the methods used to collect data. Primary and secondary data are two forms of data that are used as research data sources. Data presentation, data reduction, and conclusion preparation are the analysis techniques used. The findings of the research, as determined by data analysis, show that the application of marketing digitalization in increasing the income of MSMEs in Deli Serdang Regency (Shopee Case Study) has been implemented and is able to increase the income of MSMEs in Deli Serdang Regency and the obstacles that occur in the implementation of marketing digitalization in MSMEs in Deli Serdang Regency (Shopee Case Study) are quite tight price competition, price additions to products sold and inappropriate shipping costs with the distance traveled or quite expensive and there are still some consumers who do not have internet facilities so that they cannot hit the marketing promotion target of MSMEs in Deli Serdang Regency. Keywords: Marketing Digitalization, MSME Income
ANALYSIS OF BUSINESS SUSTAINABILITY AND COMPETITIVENESS OF UMKM USING SWOT ANALYSIS IN SUKA RAMAI DENAI MARKET
This research aims to determine the development and competition of MSMEs in Suka Ramai Denai Market and to determine the business sustainability and competitiveness of MSMEs using SWOT analysis. This research includes descriptive qualitative research, data collection methods using observation, interviews and documentation. The research results show that the core strategy of Pasar Suka Ramai Denai MSMEs is a development (growth) strategy where Suka Ramai Denai Market MSMEs can increase the company's competitiveness by starting to implement more innovative strategies in creating products that are superior to their competitors. Third, according to the existing assessment results in the IFAS Matrix, it is 1.09, meaning that the strength (S) in Suka Ramai Denai Market MSMEs is greater than the weakness (W). So, from all the results of the analysis it can be concluded that S > W. Keywords: Sustainability, Competitiveness, MSMEs, SWOT Analysis
Online Sales Analysis Through Marpoken Delivery And Suru-Suru All Services Delivery To Increase Turnover (Study On Culinary Traders In Pasar Baru Panyabungan, Mandailing Natal District)
This research aims to analyze online sales through Marpoken Delivery and Suru-Suru All Delivery services towards increasing turnover for culinary traders in Pasar Baru Panyabungan, Mandailing Natal Regency, North Sumatra. This research was conducted using a qualitative method with a descriptive approach using primary and secondary data taken from traders who use Marpoken Delivery and Suru-Suru All Delivery services, and from owners of Marpoken Deliveryand SuruSuru All Delivery services. The data collection technique in this research uses interview techniques and the analysis technique used is non-statistical analysis techniques. Based on data analysis, the research results show that the existence of Marpoken Delivery and Suru-Suru All Delivery for traders at Pasar Baru Panyabungan can make it easier for online traders to market their products. The existence of this application has proven to be able to help culinary entrepreneurs increase their turnover. Factors that influence traders in choosing the Marpoken Delivery and Suru-Suru All Delivery applications at Pasar Baru Panyabungan are being able to expand the target market, being able to increase sales turnover and being able to reduce operational costs in shipping/delivery. The contribution of Marpoken Delivery and Suru- Suru All Delivery in helping business competition for traders in Pasar Baru Pasambungan gets different turnover results for each trader in Pasar Baru Kec. Connections. Keywords: Increased Turnover, Online Sales.
ANALYSIS OF THE INFLUENCE OF HIJAB STYLE FASHION TRENDS ON THE DECISION TO PURCHASE SYAR'I HIJAB (CASE STUDY ON STUDENTS OF THE FACULTY OF ECONOMICS AND ISLAMIC BUSINESS, UIN SUMATERA UTARA)
This research aims to determine the influence of hijab style fashion trends on purchasing decisions for Islamic hijabs among female students at the Faculty of Economics and Islamic Business, UIN North Sumatra. This research was conducted using a quantitative approach. The data collection technique in this research used the technique of distributing questionnaires to 97 samples. The types of data used are primary and secondary data as research data sources. Based on the analysis test, the research results show that in the hypothesis test table, the T Test shows that the results of the fashion trend analysis (X) have a coefficient (β₁) = 0.563 > 0 with t count (12,143) > t table (1,665) and if seen from the Sig value . 0.000 < α (0.05). The test results state that the hijab style fashion trend has a positive and significant influence on purchasing decisions. So Ho is rejected and H₁ is accepted. Key Words: Fashion Trends, Hijab Style, Purchase Decisions.
Village Development Analysis: Empowerment Model 0f Tunas Baru Farmers' Group in Kualuh Hilir District, Labuhan Batu Utara District
A group is a group of people who have a common goal who interact with each other to achieve a common goal, get to know each other, and see themselves as part of the group. Therefore, in achieving increased agricultural development, the institutional role of farmer groups in rural areas is very large in supporting and implementing various programs that are being and will be implemented because these farmer groups are basically the main actors in agriculturaldevelopment. Meanwhile, in the concept of community development as a social phenomenon, humans, both individuals and as members of society, have needs. In social life, needs can be individual or collective. Kualuh Hilir District, Sei Sentang Village, has a new Tunas Farmers Group as an institution at the farmer level to organize farmers in carrying out farming businesses. One of the Farmer Groups in Kualuh Hilir District is the Tunas Baru Farmer Group. The formation of the Tunas Baru Farmers Group was motivated by the same interests, the natural resources in Kualuh Hilir District, the same goals, the same conditions, and the existence of a sense of community. The Tunas Baru Farmer Group is led by a farmer group leader who is elected by deliberation. With around 35 members, this research uses qualitative methods. Data collection techniques in this research were observation and interviews. Based on the results of observations and interviews conducted, it is necessary to develop special knowledge for the community and members in Sei Sentang Village. The government must make full efforts to provide facilities so that all activities carried out by farmer groups run smoothly so that they are able to maintain the quality of agricultural products. The inhibiting factors for farmer groups are, first, personality factors in society regarding lack of participation and awareness of taking part in agricultural activities. Not to mention the lack of attention from the government, the programs of these farmer groups are hampered by the lack of capital, the farmer groups are unable to increase their agricultural output. Keywords: Development, Empowerment, Farmer Groups
IMPACT OF E-PAYMENT AND DIGITAL LITERATION ON THE RIGHTING OF THE PROVISIONS OF UMKM IN THE CASHLESS SOCIETY ERA (A CASE STUDY OF A BAZAR PRINCE AND A QRIS USER IN THE CITY OF MEDAN)
This research aims to find out the impact of E-Payment partially on the increase in enterprise revenue, to know the influence of Digital Literacy partially upon the increase of enterprise revenues, and to learn the effect of E - Payment and Digital Literation simultaneously on the rise in business revenue. This research uses quantitative methods. The data obtained was 38.343 UMKM from the Department of Cooperation and UMKM City of Medan, then this research used nonprobability sampling techniques and Slovin formula as a method determining the sample in the research resulting in 100 respondents and tested using spss 27. The sample has criteria among them business owners who are participating in market activities in the city of Medan and the owner of the business provider of non-cash payment tools with the payment system Scan QRIS Code in the effort of at least 1 month. Based on the results of the study, it was concluded that 1) E - Payment has a t count value greater than t table is 11,390 > 1,984, and also has a smaller probability value than the level of significance (sig.) is 0,000 < 0,05. meaning E - payments significantly influence partially on the increase in income, 2) Digital literacy has a T count value larger than the t table or 6,334 > 1.984 and can also be seen at a lower probability value of the significance level (sig) is 0.000 > 0.05. meaning Digital literature significantly affects partially the Increase in Revenue, and 3) E - Payments and Digital Literacy have a larger f count value than table f is 78,809 > 3,090, and a lower probability of the significant rate (sig.) is 0000 < 0,005. Keywords: Cashless Society, E - Payment, Digital Literacy, Revenue Increase, UMKM.
ANALYSIS OF THE ROLE OF CREATIVE ECONOMY IN PROSPERING THE COMMUNITY'S ECONOMY FROM THE PERSPECTIVE OF ISLAMIC ECONOMICS (CASE STUDY: PERUPUK VILLAGE, LIMA PULUH PESISIR DISTRICT, BATU BARA REGENCY)
This study aims to identify problems related to the implementation of the creative economy in Perupuk Village, with a special focus on its impact on the economic welfare of the people of Batu Bara Regency. 2) Study of the impact of the creative economy on improving the economic welfare of the community, analyzed through the lens of sharia economics, especially in the context of Perupuk village. The research methodology used includes the use of a qualitative approach as a research strategy, which produces descriptive data in the form of written or spoken words obtained from individuals, as well as observations of the behavior shown by the phenomenon. This approach places the focus on data in the form of words and images, rather than numerical data. Field research revealed the diligent efforts of artisans in turning leftover food into precious materials and even recreating classic and historic items. The aim of the creative economy is to encourage community-based economic development, encouraging cleaner and more community-friendly villages. The landscape of Perupuk village has increasingly attracted the attention of visitors after the Covid-19 pandemic. Reducing poverty rates, improving the good name of Perupuk village. Keywords: Creative Economy, Community Economy, Islamic Economy
IMPLEMENTATION OF STATISTICAL PROCESS CONTROL (SPC) METHODS IN MAXIMIZING THE QUALITY OF RATTAN CRAFT PRODUCTS (CASE STUDY OF MULIA ROTAN SHOP MEDAN)
Toko Mulia Rattan is a service company in Medan City that focuses on rattan crafts. They often experience quality problems in their production process. To overcome this, they use the Statistical Process Control (SPC) Method to analyze the causes of defects in products and production processes. The goal of SPC is to find the root cause of defects in order to improve product quality. They carry out quality control analysis using statistical tools such as Check Sheets, Control Charts, Pareto Diagrams, and Cause and Effect Diagrams. The research results show that the use of SPC has met quality standards and significantly reduced damage or rejected products. In 2023, there will be a significant reduction in the types of damage which are dominated by Easily Detached Leather, Rattan Thickness, Wrong Color, and Broken Books. This indicates improvements in the production process that produce better results. The first steps in improving quality are statistical analysis of production quality control, starting with creating check sheets, control charts using Microsoft Excel, Pareto diagrams based on primary data, and cause and effect diagrams based on interviews to identify causal factors such as human factors, machines, materials and work methods. Next, they provide recommendations or proposed actions to improve quality. Keywords:Product Quality, Quality Control, Statistical Process Control (SPC)
Analysis of Leading Food Crops and Horticulture Commodities to Increase Economic Growth in Binjai City Using the Location Quentient and Shift Share Approach
Future agricultural development is based on the potential and superior commodities of the local area. Each region has its own superior commodities, depending on the resources they have. Food crops are strategic and attractive commodities in relation to the issue of increasing production and guaranteeing their availability. Food needs continue to increase in line with population growth. Determining superior commodities is one of the keys to success in developing the agricultural sector. For this reason, regional governments must prioritize developing commodities that have comparative advantages and competitive advantages. The sample in this research is data on the harvest area and production of food crops in Binjai City in the 2018-2022 period as well as the harvest area and production of horticultural crops in Binjai City in the 2018-2022 period. Analysis The data analysis used in this research is by using Location Quontient and Shift Share analysis. The results of the DLQ analysis for ten commodities in the food crops and horticulture sub-sector resulted in all commodities having a DLQ value greater than one. So that all these commodities will become the basis in the future Keywords: Economic Growth, Leading Commodities, Food Crops, Horticulture
Analysis of the Influence of Labor Absorption, Welfare and Community Income on Economic Growth in the Construction of a Palm Oil Factory Pt. London Sumatra in Dolok Plantation Village, Fifty District
This research aims to determine the influence of labor absorption, welfare and community income on economic growth in the construction of a palm oil factory at PT. London Sumatra in Dolok Plantation Village, Limapuluh District. The type of research used is quantitative research. The data source used is primary data with data analysis techniques used: Validity Test, Reliability Test then Classical Assumption Test, Normality Test, Multicollinearity Test, Heteroscedasticity Test, Multiple Linear Regression Analysis Test and finally Hypothesis Test, Coefficient of Determination Test, Partial Test and Simultaneous Test so that in this research the data used is data obtained directly from the first source, both from individuals and individuals, such as all the results from filling out questionnaires and observations. The research results show that there is a positive influence on labor absorption on economic growth with a significant value of 0.000 < 0.05. Welfare has a positive and significant effect on economic growth with a significant value of 0.000 < 0.05. People's income has a positive and significant effect on economic growth with a significant value of 0.000 < 0.05. Then the influence of labor absorption, welfare and community income together (simultaneously) has a positive and significant effect on economic growth with a significant value of 0.000 < 0.05. Keywords: Labor absorption, Community income, Economic growth
ANALYSIS OF FACTORS AFFECTING POVERTY PERSPECTIVE PROBLEMS 2015-2022 PERIOD (CASE STUDY: ACEH SINGKIL DISTRICT)
This research aims to determine the effect of education on poverty from a maslahah perspective for the 2015-2022 period (Case Study: Aceh Singkil Regency). To determine the effect of unemployment on poverty from a maslahah perspective for the 2015-2022 period (Case Study: Aceh Singkil Regency). To find out the effect of inflation on poverty from a maslahah perspective for the period 2015-2022 (Case Study: Aceh Singkil Regency). To find out the effect of the Human Development Index on poverty from a maslahah perspective for the period 2015-2022 (Case Study: Aceh Singkil Regency). , Inflation and Investment simultaneously influence poverty from the maslahah perspective for the 2015-2022 period (Case Study: Aceh Singkil Regency). This research uses a quantitative approach with time series data. Data taken from 2015-2022 which can be accessed on the website www.bps.go.id. The data analysis technique used was a multiple regression technique which was processed using SPSS 26. The results of the research were that it was found that education had no effect on maslahah perspective poverty for the 2015-2022 period (Case Study: Aceh Singkil Regency) with the calculated t value of the Education variable being -8.596 . Meanwhile, the t table value is 2.042. Unemployment influences poverty from the maslahah perspective for the 2015-2022 period (Case Study: Aceh Singkil Regency) with the calculated t value for the Unemployment variable being 5.471. Inflation influences poverty from the maslahah perspective for the 2015- 2022 period (Case Study: District Aceh Singkil) with a calculated t value for the Inflation variable of 2.545, while the t table value is 2.042. Meanwhile, HDI has no effect on maslahah perspective poverty for the 2015-2022 period (Case Study: Aceh Singkil Regency) with the calculated t value of the Inflation variable being 0.897, while the t table value is 2.042. Furthermore, education, unemployment, inflation and HDI simultaneously influence poverty from the maslahah perspective for the 2015-2022 period (Case Study: Aceh Singkil Regency). Keywords: Education, Unemployment, Inflation, HDI and Poverty
ANALYSIS OF THE ROLE OF SUKUKK IN INFRASTRUCTURAL BUILDING IN NORTH SUMATERA PROVINCE
The research is a qualitative study using secondary data derived from the Central Statistical Agency's report, in particular on the economic growth of both the national and North Sumatra region in 2012-2023 and the Financial Services Authority report on the development of the country's subsidiaries in 2013-2023, as well as data from the report of the Ministry of Finance on subsidiary developments in Indonesia, APBN allocation data for infrastructure, and allocation and realization data of projects financed by the Shariah State Securities Fund both national and in North sumatra in 2002-2023.The result of this research is that the role of the tribe in infrastructure development in Indonesia is very significant. It can be seen from 2013 to 2023, has supported the construction of 5.163 projects with a total allocation of Rp. 209.82 trillion in 38 provinces in Indonesia. As for the projects financed through the state sharia securities, 699 projects of road and bridge infrastructure worth Rp 73,37 trillion, 749 projects of water resources infrastructure of Rp 36,62 trillions, 217 projects of land, sea, and air transportation infrastructure and budgeted for Rp 61,01 trillione. Then as many as 286 projects of infrastructures and social services were financed by the state Sharia security, such as the Hajj embarkation and Hajj and Integrated Umrah Service Centre (PLHUT) worth Rp.3,71 In the field of education and technological research, the state's sharia bills have funded various strategic projects, among others, 23 laboratory projects and technology research facilities worth Rp 3,37 trillion, 1,139 projects of state Islamic religious colleges (PTKIN) worth Rp. 14.75 trillions, 90 projects of PTN buildings, one high school, four SMKs, one diklat hall, and three LLDikti worth Rp 8.75 trilion. Shukuk's role in infrastructure development in North Sumatra Province is very good in helping the region, so it does not burden the province's APBD too much. Among the infrastructure projects funded by Sukuk are the revitalization of Haji Medan Asrama, the development of the on/off Flyover Amplas Medan Ramp, the UIN SU (State Islamic University of North Sumatra), the Amplas Field Terminal and the A-type terminal of Tanjung Pinggir Pematang Siantar. Keywords: Sukuk, SBSN, Preliminary Infrastructure
The Influence Of Work Environment On Employee Performance Palm Oil Research Center (PPKS) Medan
This study aims to investigate the influence of the work environment on employee performance at the Pusat Penelitian Kelapa Sawit (PPKS) Medan. The work environment plays a crucial role in shaping employee behavior, motivation, and overall performance within an organization. Through a comprehensive analysis of various factors such as physical surroundings, organizational culture, and interpersonal relationships, this research aims to provide insights into how the work environment impacts employee performance at PPKS Medan. Data will be collected through surveys and interviews with employees to gather their perceptions and experiences regarding the work environment and its influence on their performance. The findings of this study will hopefully contribute to a better understanding of the importance of creating a positive and supportive work environment to enhance employee performance and organizational effectiveness.
THE ROLE OF HUMAN RESOURCE DEPARTEMENT IN PLANNING, RECRUITMENT AND SELECTION OF EMPLOYEES TO OBTAIN SUPERIOR AND QUALIFIED
The role of Human Resources (HR) in Human Resource Management (HRM) is key to achieving competitive advantage in the era of globalization. This article presents an analysis of HR strategies in planning, recruitment, selection, development, and retention of employees. Using a descriptive qualitative research methodology, this article refers to concepts and theories from various related journals. HR plays a crucial role in managing the employee lifecycle from recruitment to retention. Effective recruitment processes involve job posting, selecting suitable candidates, and utilizing technology. Quality employee selection requires competency interviews, skills assessments, and reference checks. Additionally, HR is responsible for training, performance management, and recognition programs to motivate and retain quality employees. HR's sustainable strategies include performance evaluation, adaptation to change, and innovation in HR practicesafter the Covid-19 pandemic. Reducing poverty rates, improving the good name of Perupuk village. Keywords: Human Resources, recruitment,employees
Eviction of Street Vendors in Binjai City
his research was conducted to understand street vendors around Tanah Lapang Merdeka Binjai. The Binjai City Government's efforts to regulate the existence of street vendors always invite reactions from street vendors who want to be disciplined. For street vendors, controlling operations is not something new at all. In dealing with Street Vendors, the Government applies various methods, the government tries to control Street Vendors and this policy is contained in a Regional Regulation and gives authority to Satpol PP officers to control this policy. The resistance against street vendors in the Binjai field is open and takes place every day and every time there will be raids and evictions. In facing various pressures imposed by the government which are felt to greatly limit their space for movement, Street Vendors (PKL) have several techniques or strategies that they have deliberately developed to deal with these pressures. Keywords: Eviction, Street Vendors, Binjai City
Development of Islamic Boarding School-Based People's Economy in Indonesia (Opportunities and Challenges)
Examining Islamic boarding schools in connection to socio-economic improvement could be a discourse that remains interesting, even vital within the current setting within the middle of financial improvement, both nearby and universal. Pesantren are seen as competent of being one of the arrangements in creating a community-based economy. The reason of this consider is to analyze the openings and challenges of Islamic boarding schools as an critical portion of the people's economy. This investigate may be a writing think about inquire about that employments a subjective clear approach. This ponder found that the financial exercises of Islamic boarding schools at the starting of their objective for regulation autonomy have gotten to be a huge capital that's exceptionally potential to be created for the financial strengthening of the individuals. Vital steps must be taken by Islamic boarding schools in creating the financial freedom of Islamic boarding schools and financial strengthening of the community or individuals. Keywords: Development of Islamic Boarding School, Economy, Opportunities and Challenges
Prospects and Difficulties of the Green Economy
The "green economy" is an excellent concept that promotes long-term resource development while remaining environmentally conscious. The green economy advocates for low-carbon, inexhaustible, and efficient resources, as well as long-term use of renewable energy sources.Implementing the green economy concept presents both opportunities and challenges. Some of the most promising opportunities are the availability of energy sources that are renewable, the opportunity for innovation and job growth, and the long-term benefits. However, there are hurdles, such as vague government policies concerning the environmental economy, industry concentration on carbon and fossil fuels, and fluctuations in costs of operation that undoubtedly emerge from improvements to the green economy concept. Keywords: Prospect, Dificulties, Green Economy
THE ECONOMY OF INDONESIA AND GROWNING COUNTRIES
Abstract : The concept of people's economy is one of the instruments of the economic system in Indonesia is so important that it cannot be avoided from the flow of globalization. This article aims to explain and describe how the economic system works. democracy in economic globalization. The data collection method that used, namely with library research , with data processing based on the chosen theme. The conclusion of the results of this writing is that developing the people's economy is a necessity for the Indonesian nation as democratization efforts are a global trend. The thing that is the basis the creation of a people's economic system because the Indonesian people still live in backwardness and poverty so that it becomes a reference for developing the Economic System The people should not be crushed by economic globalization. For this reason, the government must can take policies to counter the rate of global economic development, namely by strengthening protectionism, Competitive Product Quality, Superior Products, Support for National Infrastructure and Logistics Systems, Movement to Love Domestic Products and Downstreaming of Natural Resource Industries. Keywords : People's Economy , Backwardness, Poverty, Economic globalization.
CURRENT ISSUES OF ISLAMIC FINANCIAL INSTITUTION SUSTAINABILITY REPORTS
Abstract: Indonesia is one of the countries participating in the declaration of Sustainable Development Goals (SDGs) at the UN main office. The achievement of SDGs by sharia financial institutions is supported by government regulations in OJK Regulation Number 51/POJK.03/2017 concerning the Implementation of Sustainable Finance for Financial Services Institutions, Issuers and Public Companies. The purpose of writing this article is to find out what issues relate to the reporting of sustainable sharia financial institutions. The research method used is literature study. The results of this research include that sustainability reports are more than just operational performance reports related to ESG but are also strategic assessment tools and communication platforms with investors and other interested parties. Sharia financial institutions should be the driving force for the SDGs. The various standards for preparing sustainability reports have not yet reached optimal standardization. Inconsistent global ESG measurement standards cause investors to be more detailed in making decisions. Sharia financial institutions can easily carry out integration strategies. Financial inclusion and community empowerment can be utilized to achieve the SDGs through Sharia Microfinance Institutions. Keywords: Sustainability Reports, Islamic Financial Institution
Development and Influence of Green Sukuk in Indonesia
Abstract : With the increasing attention to environmentally based development issues and sustainable development, the demand for the necessary financing to support greening projects continues to rise. The principles of investment in the context of Islamic finance synergistically align with environmentally friendly concepts and sustainable development. The presence of innovative Islamic financing instruments, such as Green Sukuk, in Indonesia is potentially and crucially significant in supporting economic growth that aligns with environmental conservation efforts. Although Green Sukuk has received a positive response from the market, there remain various opportunities for its development in Indonesia that need to be optimized, while also facing practical challenges that must be addressed. Therefore, this research will focus on exploring Green Sukuk, its development, and the impact of Green Sukuk in Indonesia. Keywords: sustainable, finance, green sukuk, islamic.
HOW ISLAMIC SOCIAL FINANCE RELATED TO THE SUSTAINABLE DEVELOPMENT GOALS
: This article discusses the urgency of specific regulations to integrate zakat and waqf instruments in the Islamic social finance landscape in Indonesia, in line with the theory of policy harmonization. Through a systematic literature review approach, this study explores the relationship between Islamic Social Finance (ISF) and the Sustainable Development Goals (SDGs), focusing on the role of ISF in addressing issues such as poverty alleviation, food security, and the impact of COVID-19 on humanitarian crises. Findings show a declining trend in research output related to ISF and SDGs, with 13 relevant articles identified. The article emphasizes the potential of ISF instruments, such as zakat and waqf, in achieving various SDGs, as well as the need for supportive policy frameworks, a holistic approach to donor behavior, inclusive stakeholder engagement, and technological infrastructure to enhance the effectiveness of ISF. With the growth of Islamic financial assets and significant philanthropic potential in countries such as Indonesia, the integration of these financial tools is expected to strengthen efforts to achieve the SDGs by 2030. Keywords: Islamic Social Finance, Sustainable Development Goals (SDGs), Zakat and SDGs, Waqf and Development, Maqashid Shariah and Sustainability
The economy of citizenship is family-based, the sovereignty of peoples, and shows the economy of the people; the Indonesian economic system is an example. One can describe the national economy as a pillar of Indonesian economic development and growth. The small business sector plays an important and strategic role in national development in order to realize the development outcomes aspects. This is evident from their numbers and their ability to increase incomes and spread labour, and they play a role in realizing the destruction of development results, including poverty alleviation. The Indonesian economy was destroyed in part by the 1997 monetary crisis. Many aspects of Indonesia's economy were affected by the crisis, including rising production costs and a fall in the value of debt in rupee. Declining economies, rising poverty rates, and unemployment are all problems that many societies are experiencing. People are moving and looking for new ways to regulate the economy. One way to describe a national economy is as an economic system that leads to a social economic system. Muhammad Hatta, who is known as one of the Indonesian-born economic thinkers, is an important figure who discusses the economy of nationalism. Cooperatives are a kind of economic democracy aimed at improving the well-being of the people.
THE IMPACT OF THE INCREASE IN FUEL PRICES ON THE PEOPLE'S ECONOMY
Abstract. The problem of rising fuel prices is a major problem for people all over the world, not only in Indonesia. The increase in fuel prices triggers other adverse impacts that can exacerbate the condition of a society. With this, this research is intended to explore what impacts are indeed the main triggers of rising fuel prices in Indonesia by using literature, namely discussing previous findings. With the increase in fuel, production costs will increase, with production costs rising, the needs of the community such as clothing, food, feed originating from the industrial sector will also increase. This is what makes inflation in a country last a long time and continuously. This increase in fuel prices does have a bad impact, but if the efforts of the government and the community both contribute to overcoming this problem, of course it is not impossible that this problem will be resolved properly. Keywords: BBM, Increase in BBM, subsidized BBM
The Influence of Sharia Investment on the Growth Rate of the Workforce in the Perspective of Sharia Macroeconomics
Abstract This study aims to analyze the effect of investment on workforce growth in a macro sharia perspective. Investment itself has an important role in driving economic growth and job creation. However, in the context of macro sharia economics, investment must also pay attention to Islamic principles that include justice, sustainability, and equity in economic activities. In this study, we conduct a literature review of relevant studies on the effect of investment on workforce growth in a macro sharia perspective. The results of the literature review indicate that investment based on Islamic economic principles, such as investment in the Islamic financial sector, Islamic banking, and the legitimate and ethical real sector, has the potential to increase the growth of fair and sustainable employment. _ These findings indicate that Islamic investment can create new job opportunities, develop work skills, and encourage financial inclusion within the framework of achieving economic growth that is compatible _ with the principles of macro sharia economics. Related Studies also emphasize the importance of better understanding _ both the principles of Islamic economics and supporting infrastructure and regulations _ to optimize the impact of investment on the work of growth forces. Based on the results, the coefficient of determination R Square (R²) is 0.029, which means that the changes that occur in the dependent variable can be explained by the independent variable by 2.9%, while the remaining 97.1% is explained by other variables outside the variables studied. This means that the change in workforce growth of 2.9% is simultaneously influenced by investment factors. Then the remaining 97.1% is influenced by other factors. Keywords: Investment, Labor, Islamic Macroeconomics
Exploring Food Waste Behavior In Generation Z Muslims In Medan: Implications For Purchasing Behavior
Abstract Food waste receives enormous attention because it has an impact on environmental, social and economic aspects. Most of these problems stem from food shopping behavior. The purpose of this study is to determine the influence of generation Z motivation in the city of Medan in reducing leftover food on generation Z's shopping behavior and Islamic integration. The population in this study was the entire generation Z community in Medan and the sample used was 100 respondents. The data analysis method uses a simple linear regression test and an independent test of the t-Test sample. The results showed that generation Z having the motivation to prevent food wastage would contribute to well-planned food shopping behavior. In addition, the study also showed that generation Z women showed higher motivation in preventing food wastage as reported in several previous studies that reported similar results. In Islam, a simple attitude and feeling enough (qana‟ah) to avoid redundant behavior is found in QS. Al-Isra 26-27. Keywords: food wastage, food waste prevention, food shopping behavior
Job Prospects of Generation Z in the Vision of Golden Indonesia 2045: Systematic Literature Review
Abstract This study aims to evaluate the employment prospects of Generation Z in the context of the Golden Indonesia Vision 2045, considering the upcoming approach to the peak of the demographic dividend and the labor market transformation triggered by technological advancements and globalization. Using a systematic literature review method, this study examines how current education and employment policies can be adjusted to prepare Generation Z for the changing labor market dynamics. The main focus is on the need to integrate relevant and responsive education, such as STEM-based education and analytical skills development, to support their readiness in a knowledge and innovation-based economy. The results show that while there are significant opportunities for Generation Z to contribute to national economic growth, there are substantial challenges related to skills gaps and labor market preparation. This study suggests the need for deep education reform and proactive government policies to create quality and sustainable jobs. This includes increasing collaboration between government, industry, and educational institutions to ensure that education policies and curricula can meet the needs of future industries, enabling Indonesia to harness the full potential of the demographic dividend and achieve the goals of the Golden Indonesia Vision 2045. Keywords: Job Prospects, Generation Z, Golden Indonesia, SLR