Literatures on Islamic economics and islamic banking reveal that profit and loss sharing become the most important financing in the financial system, but islamic banking practice is highly dependent on mark-up financing with murabaha financing. Islamic banks avoid financing for the results especially...

A mosque is a sacred place in Islam that has a central role for the community. It is argued that the mosque can potentially provide necessary supports to enhance the Islamic economic practices. Therefore, this study explores to what extent mosques in Banjarmasin, Indonesia, play their roles in enhancing...

Zakat as the third pillar in Islam plays an important role in reducing poverty. Zakat is obliged in order to distribute wealth from the rich to the poor. As a result, prosperity will be generated for every citizen in a country. Many types of zakat are introduced in Islam e.g, zakat fitrah and zakat maal...

Sharing economy is an emerging economic platform believed to bring a major change due to its potential to resolve market inefficiency issues. The concept is presumably related to the Islamic microeconomic concepts, particularly huquq (multi interest) and maslahah (greatest benefit). Therefore, the study...

Although sharing economy is believed to lead to various impacts, few studies attempted to analyse the welfare impact of sharing-based services particularly in the context of emerging economies. This study, therefore, aims to investigate the impacts of sharing-based transportation services in Indonesia...

The evaluation of government programs in order to reduce poverty and reach equal distribution of income is considered to be running quite slowly. This is indicated by the percentage of poor people that only decreased less than 1% a year since 2010; even the percentage of poor people increased in September...