Journal of Economicate Studies

Comparative Analysis of Cash Buying and Murābaḥah Financing in Housing Transactions: Evidence from Green Mutiara Housing Banyumas Regency

Shinta Wahyuni — 2018-01-10

The results of research conducted that in the process of purchasing cash housing Mutiara Hijau Tambaksogra At PT. Graha Perwira Pratama there are two that is credit and cash, home purchase in cash applied by PT. Graha Perwira Pratama branch of Housing Mutiara Hijau Tambaksogra Kembaran Sub-district of Banyumas Regency, there are two ways, namely: hard cash and gradually, while crediting in the application of payment with credit in green pearl housing Tambaksogra involves the bank through mortgage loan program and Financing Murabaha in Sharia Bank. In the murabaha method, the bank pays the home repayment to the developer. Comparison Purchase home in cash cheaper price, easier process, no administrative fees, free from the rules and more secure, while home purchase on credit does not need to save large amounts to buy a house, enough money to pay the down payment only and the greater the down payment or the longer the repayment period, the installment will become cheaper.

Halal Tourism and Destination Identity: A Conceptual Discussion on the Integration of Islamic Values in Tourism Branding

Riki Maulana — 2026-04-13

This conceptual paper explores how Islamic values can be integrated into destination branding to shape a distinct halal tourism identity. While halal tourism has grown as a global phenomenon, especially in Muslim majority countries such as Indonesia, its conceptual foundations remain fragmented. This article argues that halal tourism branding should move beyond functional aspects (e.g., halal certification, facilities) toward embedding Islamic values such as trust (amanah), honesty (ṣidq), and hospitality (ḍiyāfah) into the core of destination identity. Drawing from destination branding theory, consumer trust models, and Islamic value frameworks, this paper develops a conceptual lens for understanding how spiritual, ethical, and cultural dimensions co create a destination’s halal identity. The study contributes to the theoretical enrichment of halal tourism research and offers insights for policymakers, destination marketers, and tourism practitioners in Muslim contexts.

Faith, Trust, and Technology: Conceptual Insights into Sharia Financial Literacy and Digital Security in Islamic Fintech

Neng Cahya — 2026-04-13

The rapid development of Islamic financial technology (Sharia Fintech) presents new opportunities and challenges in combining faith-based principles with digital innovation. This conceptual paper explores the intersection between Sharia financial literacy and digital security perception as key dimensions shaping user trust in Islamic fintech ecosystems. Drawing on Islamic ethical frameworks and technology acceptance theories, this study argues that faith-oriented literacy and perceptions of security co-construct the moral and psychological foundations of user confidence in Sharia-compliant digital platforms. The paper proposes a conceptual linkage where faith serves as the moral compass, trust as the mediating psychological mechanism, and technology as the enabler of financial inclusion. The insights presented aim to contribute to theoretical discussions on ethical digital finance and provide a foundation for future empirical research in the field of Islamic fintech.

Developing an Extreme Multidimensional Poverty Indicator in Indonesia: A Positive-Theoretical Inquiry and an Integrated Shariah Perspective

Agung Pardini — 2026-04-13

This study develops a comprehensive theoretical framework for measuring extreme multidimensional poverty in Indonesia, arguing that conventional monetary indicators such as US$2.15 and US$3.00 PPP are inadequate to capture the full scope of deprivation. By integrating Amartya Sen’s capability approach, basic-needs theory, human rights–based development, and principles of distributive justice in Islamic economics, the research conceptualizes extreme poverty as a multidimensional condition involving economic hardship, limited access to essential services, social vulnerability, and restricted individual agency. Using qualitative literature analysis, the study proposes an indicator framework encompassing health, education, housing, energy access, economic security, and spiritual capability aligned with maqāṣid al-sharī‘ah. The findings highlight the need for poverty measurement systems that combine economic, moral, and institutional dimensions, offering important implications for improving poverty policy, targeting mechanisms, and the integration of Islamic economic instruments in Indonesia, while also laying the groundwork for future empirical validation and policy experimentation.