Journal of Islamic Economics and Philanthropy

The Relationship between Price and Service Quality on Consumer Satisfaction: Study on Youth Male Muslim Consumer

Suyoto Arief, Rizqi Wilujeng, Adib Susilo, Antoni Julian — Thu, 20 Nov 2025 00:00:00 +0800

This study aims to seek the relationship between price and service quality on youth male Muslim consumer satisfaction in Indonesia. This study is quantitative study with multiple linear regression analysis. To obtain the data, questionnaire distributed using purposive random sampling, the sample of this study is 160 youth Muslim male. The result of this study shows that price has no relationship with youth male Muslim consumer satisfaction while service quality found to have a positive and significant relationship. Simultaneously, price and service quality have a positive and significant relationship with youth male Muslim consumer satisfaction. The model is explained by variances in this study about 44.3%. This study contributes in the better understanding of youth male Muslim Indonesia in their satisfaction. Company able to take any account to provide product or services to youth male Muslim Indonesia based from this study that price is not the essential factor to them as long as they experience the benefits.

Expanding The Benefits of Waqf For The Environment In Waqf Policy In Indonesia

Siska Lis Sulistiani, Amrullah Hayatudin, Yandi Maryandi — Thu, 20 Nov 2025 00:00:00 +0800

Waqf in Indonesia has been known since before Indonesia became independent, however, the purpose and benefits of waqf are still understood with a narrow understanding that is limited to the aspect of providing religious facilities only, while the benefits of waqf can be expanded according to the conditions and era without reducing the main standards that were conveyed by the Prophet Muhammad in Umar hadith. The aim of this research is to analyze opportunities to expand the benefits of waqf to protect the environment and minimize the impact of ecological disasters in Indonesia, through applicable regulations and policies. The research method used is literature study through legal and policy study materials relevant to waqf. The results of this research show that the waqf law No. 41 of 2004 still needs to be amended, especially regarding the regulatory scheme and policy on waqf benefits for the environment which can be collaborated with other financial sectors that comply with sharia and legal provisions in Indonesia.

Green Sukuk and Infrastructure Expansion: The Mediating Role of ESG Compliance In Pakistan’s Sustainable Development

Ahmed Ahmed — Thu, 20 Nov 2025 00:00:00 +0800

This paper discusses how Green Sukuk (GS) can be used to fund infrastructure expansion (IE) and sustainable development in Pakistan and specifically renewable energy sector. It also addresses the role played by Environmental, Social and Governance (ESG) compliance in enhancing the effects of Islamic finance on sustainability outcomes. The respondents were interviewed face-to-face and comprised 233 managers, investors, and policymakers who are engaged directly in the renewable energy projects and Sukuk financing. The hypothesised relationship among GS, ESG compliance and sustainable infrastructure development were tested by means of structural equation modelling (SEM). The findings show that GS would play a significant role in renewable energy IE, which would help in promoting the sustainable development agenda of Pakistan. Additionally, the compliance with ESG shows a high level of mediation, which improves accountability, transparency, and consistency with global sustainability-related standards. The results show that the potential of GS to lead renewable energy projects might not fully be achieved, unless it is integrated with ESG. The paper emphasises the role of integrating ESG frameworks within GS structures as a way of enhancing investor confidence, boosting international investment and expediting the process of making Pakistan a clean energy nation. This paper can offer a new approach to mobilising green capital and promoting sustainable infrastructure in an emerging economy by connecting Islamic finance and ESG principles to renewable energy markets.

Analysis of The Impact of The One Family One Bachelor Scholarship Program on Poverty Reduction

Abdul Latif Rizqon, Annisa Qudrati Lestari Anis, Azhar Nor — Thu, 20 Nov 2025 00:00:00 +0800

Badan Amil Zakat Nasional (BAZNAS) is the official and only body established by the government based on Presidential Decree No. 8 of 2011, this institution has a role to collect and distribute ZIS funds at the national level and at the regional level is known as the Regional Amil Zakat Agency which functions as planning, implementing, collecting and distributing and utilizing zakat. The One Family One Bachelor Scholarship Program (SKSS) is a form of BAZNAS's concern for underprivileged communities. As for scholarships for students who have the ability and additional advantages at universities in Indonesia and most importantly students who come from families who do not have the ability that one of the family members does not do a bachelor's degree and financing is starting to be done. The purpose of this study is to analyze the distribution mechanism of the SKSS Scholarship Program at Baznas Ngawi Regency and to analyze the One Family One Bachelor (SKSS) Scholarship Program on the level of poverty reduction in the Ngawi area. The research method used in this study is a qualitative method with a descriptive approach. Data collection techniques by means of observation, interviews, and documentation. Data analysis techniques through data collection, data reduction, data presentation, and conclusion drawing. Data validity techniques with Source Triangulation, Technique Triangulation, Time Triangulation. The results show that the One Family One Bachelor Scholarship Program (SKSS) can reduce poverty but not significantly by looking at indicators of the concept of poverty, forms of poverty, and strategies to overcome poverty.

Keywords : Zakat. National Amil Zakat Agency, SKSS, Poverty

Strategi Pengembangan Bisnis Wakaf Berbasis Analisis SWOT pada Supermarket Roya Gontor

andi, Luthfiyah Yuwanita, Wafi Amalia Fairuz Wildani — Thu, 20 Nov 2025 00:00:00 +0800

Roya is one of the business units of Pondok Modern Darussalam Gontor to meet the needs of the Pondok community and its surroundings. To develop the Roya supermarket business, a SWOT analysis is carried out to find out the strengths, weakness, opportunities and threats so that strategies can also be found to develop Roya supermarkets. The purpose of this research is to obtain alternative strategies used by Roya Gontor supermarket in developing its business. This research also aims to identify problems about analyzing internal factors, external factors and SWOT matrix in creating a distribution development strategy. The methodology used is descriptive qualitative and uses interviews to respondents. The results of the research include Roya supermarket has several strengths, namely varied products, and has been confirmed halal because Roya supermarket is a business unit established by Pondok Modern Darussalam Gontor. For the weaknesses in this business unit, namely: lack of online promotion, payment systems that are not yet strict, no price tags on the shelves, and the use of technology that is less improved. The strategies that Roya supermarkets can carry out to develop business are maintaining and improving product quality, improving service quality, making attractive advertisements as promotions, increasing the comfort and beauty of the place so that consumers are interested, and improving technology in service.