Looking at the large contribution of MSMEs to GDP growth, namely 0.2%, it can be seen that the market in this sector is supported by a fairly large portion of the workforce, reaching 96.92%. However, the low productivity of MSMEs is a concern because the input produced is not commensurate with the output produced. This research aims to investigate and understand the productivity problems faced by MSMEs (Micro, Small and Medium Enterprises) in Probolinggo, especially in Mayangan sub-district. This research covers aspects such as financial inclusion and financial literacy, with a focus on sharia approaches. This was done to understand the impact of sharia financial inclusion and sharia financial literacy on the productivity of MSMEs in the region. The study employs quantitative research methods and utilizes primary data obtained from respondent-filled questionnaires. The population consists of MSMEs in the Mayangan District, with 30 respondents selected through Probability Sampling. Then the data is processed using multiple linear regression analysis techniques using the SPSS (Statistical Package for Social Sciences) program. The results of this study indicate that Islamic financial inclusion and Islamic financial literacy have a significant effect on the productivity of MSMEs. This is evidenced by the result of the coefficient of determination analysis where the variables of Islamic financial inclusion and Islamic financial literacy affect MSMEs productivity by 84,3% and the remaining 15,7% is explained by other variables not included in this study.

Economic activities are important factors for the development of countries. However, many countries give too much importance to the economy without paying attention to the country's environment as a result of ongoing economic activities, such as industrial, electricity production, transportation, and commercial and residential which can cause environmental degradation with the spread of CO2 carbon dioxide emissions. The growth of a financial sector that supports those economic activities is considered the driver of carbon emissions at the macro level. However, Islam teaches Muslims to avoid corruption on earth including those leading to the rise in carbon emissions. This makes Muslim-majority countries have better concern in dealing with carbon emissions. This study aims to analyze the influences of financial institution index (FII) and financial market index (FII) on carbon dioxide emissions in the Organization of Islamic Cooperation member nations. Using the GMM estimator for a panel dataset of 36 countries between 2000 and 2021, this study unravels that the FII significantly increased carbon emissions in OIC countries. In reverse, FMI contributed to the reduction of carbon emissions in OIC countries. This paper recommends the government set regulations for banking sectors to improve eco-friendly credits for the private sector. It is also recommended that the government enrich the issuance of green securities and strengthen the financial market because it is effective in minimizing carbon emissions.

Sukuk Rating is a standard that reflects the ability of Sukuk issuers and their willingness to pay principal payments according to schedule. This study aims to determine the effect of Total Assets and Total Assets Turnover on Sukuk Ratings with Return on Assets as Intervening Variables. The population of this study is all corporate Sukuk that circulated in Indonesia from 2016 to 2018. The sampling technique used was purposive sampling techniques, with a sample of 33 corporate Sukuk in Indonesia. This research uses the Partial Leats Square (PLS) approach. The results of this study prove that Total Assets have a significant negative effect on Return on Assets. Meanwhile, Total Assets Turnover has a significant positive effect on Return on Assets. Total Assets and Return on Assets partially have a significant positive effect on Sukuk rating. Meanwhile, Total Assets Turnover has no significant negative effect on Sukuk rating. The Return on Assets variable is considered capable of being an intervening variable for the effect of Total Assets and Total Assets Turnover on Sukuk ratings. Although Return on Assets shows an inconsistent mediation effect, the Return on Assets variable also shows a perfect mediating effect for the effect of Total Assets Turnover on Sukuk rating by changing the insignificant effect into a significant effect

The purpose of this research is to find and analyze the handling of complaints against customer loyalty at PT. BPRS in the Province of Lampung. This research is a quantitative study with a questionnaire data collection tool that is distributed to customers of PT. SRBs in the Province of Lampung. The sample used in this study was 100 customers, with a purposive sampling data collection technique. Analysis of the data used in this study is a simple linear regression data analysis. The results found that the handling of complaints can affect customer loyalty of PT. SRBs in the Province of Lampung. The magnitude of the effect of handling complaints on loyalty is 49.3%. Therefore, to maintain customer loyalty PT. BPRS in Lampung Province can make various options such as improving service quality, increasing satisfaction, perceived value, E-Servqual and using mobile banking.

The current facts have shown that the sharia economic growth trend in Indonesia continues to increase, both on a macro and micro scale. That can happen through massive programs of education and sharia economic exhibitions in the midst of the academic community and the general public, as well as increasingly raising awareness of Muslims about the application of sharia in the economic field. The progress of Islamic finance seems to be inseparable from the use of exchange instruments, namely money made from gold and silver or commonly referred to as Dinar and Dirham money. It is in this context that some sharia economists have revived the use of dinars and dirhams as an alternative solution to the problem of modern banknotes. On the same occasion, in some literature, classical fiqh was allegedly a history of wariq money that had existed in Islam even long before the presence of Islam was seen by the Prophet. Wariq money was explicitly approved in the story of the faithful youth of the cave dwellers which were published in the Qur’an Surat al-Kahf verse 19. This study aims to: (1) get a complete picture of the concept of wariq money, and (2) to reveal the relevance of wariq money to sharia economics. The type of research used in this study is literature research with historical studies and reading texts from various classical and contemporary fiqh. In this context, the reference sources offered are a number of fiqh books from among the four fiqh schools which have been selected from the library collection of the Universitas Darussalam Gontor Primary School. To get complete data is done by the screening process and analysis of wariq terms from some of the fiqh books. Screening and analysis is done by collecting various primary references related to the discussion of the wariq, so as to enable a complete description of the term money wariq. This data is then processed and analyzed with the sociological theory of science to be approved by the validity of the overall money concept. The conclusions obtained from this study, wariq money is money made from silver in the form of sheets of paper that have been around since the time of kahfi ashabul. Second, wariq money is very relevant to be used as an alternative solution for the consideration of finance and state finances.

The discourse on welfare is one discussion in economics that has been a concern for all countries in the world. By raising the issue of welfare, a government can legitimize its power. It is considered like ‘giving bread’ to the community, so that they are silent and obey to the government. In addition to that pragmatic purposes, the welfare issues also represent a moral dimension that the government pay attention to his people. In this regard, the United Nations with his UNDP formulating public welfare measure, which is called Human Development Index. Among the indicators of welfare according to this index are per capita income, long life span and level of education achieved. But behind it all, the understanding of welfare that is often understood in western economy have flaws. The welfare that is often used as a benchmark is the welfare with elements of materialism and hedonism without even the slightest attention to the religious element. It is shown from the majority-or even all-indicators of welfare that did not include religious aspects, and only made the mundane aspects as its main benchmark. This weakness shown by the phenomenon of the comforts of life in the world. Norway, a country that according to the HDI index is the most prosperous country, has a quite high suicide rate, at 28 people per 100,000 inhabitants. When compared with Egypt which ranks only 112th in the HDI, the rate of suicide is only 0.1 for each 100,000 inhabitants. This study aims to examine the concept of the budget in the perspective of siyāsah syari’iyyah and its implementation in the management of zakat in Indonesia. This paper concludes that mas lah ah is a concept in siyāsah syar’iyyah which is most appropriate in describing welfare. In the context of siyāsah syar’iyyah, zakat management in Indonesia has been regulated by the government through the Act. No. 23 of 2011, government rules. No. 14 of 2014 and derivative regulations of both. To improve the level of welfare or mas lah ah, the government also uses the CIBEST method which is integrated in the National Zakat Index, which also measures spiritual aspects in human life.

Scientific activity, both in theory and scholarly thinking, is basically born from the ideals of a systematic, rational, logical and empirical fi gures. In the 13th century a great philosopher named Ibn Qayyim contributed in building the foundations of Islamic economic philosophy which discussed the issues of human concept, wealth and poverty, ownership, usury and even the concept of money. Although the pa; ern of economic thinking infl uenced by his teacher is Ibn Taymiyah. However, the brilliant idea of Ibn Qayyim in giving the basic concept of Islamic economics is very worthy to be reviewed. Thus, this article a; empts to analyze the extent of Ibnu Qayyim al-Jauziyyah’s contribution to the philosophy of Islamic economics. Using an analytical descriptive method with a qualitative approach that describes the contribution of thought Ibn Qayyim in economic philosophy then theories are analyzed inductively. This article concludes that Ibn Qayyim’s economic thought is based on faith and Tauhid, besides that he also does not distinguish between religion and economy, including the relevance between obedience to the acquisition of sustenance, the world and the whole to be benefi ted by humans with economic activities, dividing usury to nasi’ah and fadl , transition of ownership in a state of urgency, the state is entitled to take individual ownership if it is more beneficial for maslahah umah .

Zakat is the social financing pillar of Islam. God has obliged it to the believers in His book that was revealed to the Prophet Muhammad Saw. Zakat should be distributed to people who deserve zakat funds, be regulated and managed properly. The management of the Fund in Indonesia is governed by the zakat laws No. 38 in 1999, the Act regulates the methods of management of the Fund to charity at the national level or in the local area, although the fact that the role of this legislation has not been effective for improving the welfare of the mustahiq (a person who is entitled to receive zakat). This research aims to examine one of the Amil zakat which in Indonesia, namely Amil Zakat Board of Semarang. This field study will analyze the management of zakat in Amil Zakat Board of Semarang which consists of collection and distribution of Zakat. In addition, the research will identify the problems faced by Badan Amil Zakat Semarang and looking for a solution to handling the problem for the purpose of community prosperity. The result shows that zakat collected by Badan Amil Zakat Semarang is distributed to eight asynaf especially the dhu'afa'. Fund Management in Amil Zakat Board of Semarang is handled well. This can be evidenced by the implementation of the activities of collecting, and distributing zakaat. For getting the goal, Amil Zakat Board of Semarang develops ways and programs for the welfare of society and also to solve the problem.