Vol. 7 No. 2 (2024): Al-Musthofa: Journal of Sharia Economics

The purpose of this study is to analyze the differences between multi-level marketing (MLM) businesses and money games. This analysis is considered necessary due to the negative stigma in society that equates the MLM system with money games. The study also analyzes how MLM businesses can reposition themselves to eliminate this negative stigma. This research uses the Library Research method, which involves utilizing existing materials or data sources such as books, articles, scientific journals, reports, archives, and other documents available in libraries or other literature sources. The differences between Sharia-compliant MLM businesses and money games can be seen from several perspectives, including legal foundations and principles, sources of income, structure and sustainability, legality, and the risks for members. Steps to restore the positive image of MLM businesses can be taken through several measures, such as: engaging Public Relations (PR) to collaborate with parties who recommend that MLM businesses are haram, having stakeholders clarify to the public that there is a distinction between MLM businesses and money games, terminating employees found to be involved in money game practices, and changing the company's name and leadership if the company has already acquired a negative image.

The purpose of this study is to analyze the differences between multi-level marketing (MLM) businesses and money games. This analysis is considered necessary due to the negative stigma in society that equates the MLM system with money games. The study also analyzes how MLM businesses can reposition themselves to eliminate this negative stigma. This research uses the Library Research method, which involves utilizing existing materials or data sources such as books, articles, scientific journals, reports, archives, and other documents available in libraries or other literature sources. The differences between Sharia-compliant MLM businesses and money games can be seen from several perspectives, including legal foundations and principles, sources of income, structure and sustainability, legality, and the risks for members. Steps to restore the positive image of MLM businesses can be taken through several measures, such as: engaging Public Relations (PR) to collaborate with parties who recommend that MLM businesses are haram, having stakeholders clarify to the public that there is a distinction between MLM businesses and money games, terminating employees found to be involved in money game practices, and changing the company's name and leadership if the company has already acquired a negative image.

Banking stability is a crucial problem in the current economy, especially after the Asian economic crisis in 1997 and the global crisis in 2008. This research aims to analyze the stability of Islamic banking by including macroeconomic variables in the form of the BI rate, inflation, exchange rate. tariffs and GDP as variables. its independence. Several previous studies applied NPF/NPL which measures credit risk ratios to test bank stability. Current research uses Z-Score to test bank stability. This research aims to find out whether there are differences in the financial performance of Islamic and conventional banks from 2008 to 2020. Testing and data analysis methods use Eviews. The results of this research show that banking stability, both conventional and sharia, is a vital aspect in maintaining the integrity of a country's financial system. Z-score as an indicator provides a comprehensive picture of a bank's stability by considering internal and external risks. In the context of this research, the finding that the BI Rate has a negative impact on the stability of conventional banks highlights the importance of monetary policy in managing interest rates to maintain the health of the banking sector. On the other hand, the negative impact of inflation on the stability of conventional and sharia banks emphasizes the need to control inflation to prevent disruption to banking performance.

This research aims to find out how the management of fund raising and distribution of coin funds at NU CARE LAZISNU Ranting Tunggul Paciran Lamongan. The results of the research show that fundraising is carried out through the formation of coordinators in each region, there are cans distributed in each resident's house, each administrator has duties and responsibilities, fundraising is carried out door to door, information about collecting funds is online and offline. The distribution of the proceeds from the funds collected is still invested within the scope of NU and is focused on the Tunggul Village community, including annual activities to provide compensation for orphans during the month of Ramadan, educational scholarships, compensation for orphans and grief compensation.

This research aims to describe the management of the utilization of the Ayo SRC program application at SRC shops in Paciran sub-district as well as management and utilization from an Islamic Economics perspective. This research uses qualitative descriptive research with a case study type. Data collection was carried out using interviews, observation and documentation methods. To prove the validity of the data using triangulation. The data sources and analysis techniques used are data reduction steps, data presentation and drawing conclusions. The research results show that the management of the use of the Ayo SRC program application is in accordance with the management of retail store management, including the strategy for setting prices and store profits. The SRC shop is also digitizing so that it can keep up with current developments in various aspects. From an Islamic perspective, it is also in accordance with Islamic principles by not committing acts of maisir, gharar, dzalim, iktikar, usury. Meanwhile, the contract used in the MY AYO application uses a greeting contract, namely the buyer pays first and then the goods will be delivered by the seller to the consumers.

Sharia investment in the era of globalization provides profitable investment prospects as well as benefits for financial inclusion and sustainable economic development. The purpose of this study is to determine Sharia investment and its impact on digital life. The research method used is qualitative research with a data collection method of literature study, then analyzed using a descriptive analysis method. Furthermore, information from the literature study will be integrated with the research theoretical framework to help understand the complex relationship between technology and sharia investment. The results of this study are that many sharia investment instruments have been systematically followed the digitalization era. Able to create a positive impact in the financial world, increase accessibility, efficiency, and transparency. It is hoped that the sharia financial industry in Indonesia can continue to grow and provide broader benefits for the Muslim community in investing in accordance with sharia principles.