An Nuqud Journal of Islamic Economics

LITERATURE REVIEW ON THE INTEGRATION OF SHARIA ECONOMIC VALUES IN ISLAMIC EDUCATION CURRICULUM

Zaky Mubarok — 2025-05-28

The low level of Islamic economic literacy in Indonesia presents a significant challenge for Islamic education, given that the majority of the population is Muslim. This study aims to critically examine efforts to integrate the values of Islamic economics into the Islamic education curriculum through a qualitative descriptive approach based on literature review. Data were collected from various academic literature and official curriculum documents. The findings of the study indicate that values of Islamic economics such as justice, social responsibility, and anti-usury are highly relevant to be instilled in education. Integration strategies identified include an integrated curriculum, specialized subjects, contextual approaches, and Islamic extracurricular activities. However, the implementation of integration faces obstacles such as limited teacher competence, teaching materials, and national policy support. The conclusion of this study emphasizes the importance of education in shaping a Muslim generation that is not only religious but also has ethical and practical economic awareness.

THE EFFECT OF NET CONTRIBUTION AND INVESTMENT RESULTS ON THE UNDERWRITING SURPLUS OF TABARRU’ FUNDS

Aliefia Azalia — 2025-06-18

This study aims to analyze the effect of net contributions and investment returns on the underwriting surplus of tabarru' funds in Islamic life insurance in Indonesia. Islamic insurance, which is based on the principles of mutual protection (takaful) and mutual help (ta'awun), has shown significant growth in recent years, especially amid increasing public awareness of sharia-compliant financial products. This study uses a quantitative approach with multiple linear regression analysis method with OLS (Ordinary Least Square) estimation. The sampling technique used is purposive sampling. The population in this study consisted of 30 sharia life insurance companies registered with the Financial Services Authority (OJK) and the Indonesian Sharia Insurance Association (AASI) during the 2014-2023 period, of which 27 companies met the established criteria. The results showed that net contributions and investment returns had a significant effect partially or simultaneously on the underwriting surplus of tabarru' funds.

THE EFFECT OF COMPANY GOVERNANCE ON PROFITABILITY (ROA) (Comparative Study Between Islamic Commercial Banks and Conventional Commercial Banks 2019-2023)

Tresna Pancha Desyana — 2025-06-18

Good corporate governance plays an important role in increasing the profitability of a financial institution, especially through the supervisory mechanism by the independent board of commissioners and the strategic policies implemented by the board of directors. The main focus of the research is to analyze the effect of corporate governance on profitability (ROA) with a comparative study between Islamic commercial banks and conventional commercial banks in the 2019-2023 period. This study uses a quantitative approach with multiple linear regression methods and the form of data used is panel data. The results showed that simultaneously the independent board of commissioners and the board of directors had a significant influence on profitability (ROA) in Islamic commercial banks and conventional commercial banks. Partially, the independent board of commissioners and the board of directors at Islamic commercial banks have a significant influence on profitability (ROA). While in conventional commercial banks, only the board of directors has a significant effect on profitability (ROA), while the independent board of commissioners does not have a significant impact. These findings indicate that corporate governance contributes to profitability, with different patterns of influence between the two types of banks.

Keywords: independent board of commissioners, board of directors, ROA

ANALISIS PENERIMAAN DAN PENGGUNAAN DANA NON HALAL BERDASARKAN PSAK 109 PADA BANK SYARIAH INDONESIA

Dwi Nurjayani — 2025-06-26

This study aims to analyze the compliance of the recognition and utilization of non-halal funds in the financial statements of Bank Syariah Indonesia with the Statement of Financial Accounting Standards 109 (PSAK 109). Non-halal funds refer to income derived from activities that do not align with sharia principles, such as interest from conventional banks or service fees from giro accounts. The method used is descriptive qualitative, with an observational approach to Bank Syariah Indonesia’s financial statements for the period 2020–2024. The findings indicate that the recognition, presentation, and disclosure of non-halal funds in the financial statements are generally in accordance with PSAK 109. However, the reporting of non-halal funds has not yet been presented in a separate and detailed manner. This suggests a need for improved transparency and accountability in financial reporting, particularly regarding the sources and uses of non-halal funds, to ensure full compliance with sharia accounting standards

KONSEP DISTRIBUSI KEKAYAAN PERSPEKTIF EKONOMI SYARIAH DALAM UPAYA PEMERATAAN KESEJAHTERAAN

Dian Wirna Ningsih — 2025-03-26

Wealth distribution inequality is a major challenge in modern economies, leading to growing social disparity and injustice. This article explores the concept of wealth distribution from the perspective of Islamic economics as a solution to achieving equitable welfare. Using a literature review approach, it examines the fundamental principles of wealth distribution in Islam, such as justice (`adl), balance (tawazun), and public interest (maslahah). It also discusses the role of Islamic instruments like zakat, infak, sadaqah, and waqf in the process of wealth redistribution. The study finds that Islamic economics offers a wealth distribution system that is not only economically fair but also rooted in spiritual and social values. The importance of synergy between society, zakat institutions, and the government is emphasized in creating a just and sustainable distribution system