Vol. 8 No. 1 (2025): Al-Musthofa: Journal of Sharia Economics

Indonesia, an archipelago, faces complex logistics challenges, resulting in high domestic logistics costs (14-30% of GDP) and a declining Logistics Performance Index (LPI). This study aims to deeply describe the strategic role of PT Eastern Logistics Shorebase (ELS) Lamongan in the national supply chain. Using a qualitative descriptive approach with data collected through in-depth interviews, direct observation, and documentation, and analyzed using the Miles and Huberman model (data reduction, data display, conclusion drawing), the research highlights ELS's significant contributions. The findings reveal that ELS, a world-class shuttle-classer facility in Lamongan, East Java, acts as a crucial offshore-onshore logistics hub. It significantly reduces distribution costs and time (saving over IDR 100 billion in five years for oil and gas operations), integrates multimodal logistics through IT-based systems, and fosters strategic collaborations with national stakeholders like SKK Migas and Pertamina. Furthermore, an Islamic economic analysis demonstrates that ELS's operations align with Sharia principles, emphasizing efficiency (iqtishad), equitable distribution (adl), collaboration (ta’awun), innovation (itqan), and public welfare (maslahah). ELS serves as a model for regional logistics development, enhancing inter-island connectivity, relieving pressure on major ports, and accelerating the equitable distribution of national logistics infrastructure, proving that efficient and profitable economic activities can align with Sharia principles for the greater good.

The aim of this research is to determine the application of the Musyarakah Mutanaqishah agreement to online partner financing via the BSI Mobile application. The research method used is a qualitative research method where this research is descriptive and tends to use analysis. The result of this research is online partner financing on the BSI Mobile application using the Musyarakah Mutanaqishah scheme where this contract is a collaboration between the customer and the bank and gradually the ownership portion of one party will be gradually purchased by the other party so that the ownership becomes one hundred percent.

The high unemployment rate among Generation Z in Indonesia has created an urgency to promote entrepreneurship as an alternative solution, particularly through the utilization of e-commerce and Sharia entrepreneurship education. This study aims to determine the influence of e-commerce and entrepreneurship education on entrepreneurial interest among Sharia Economics students at Mulawarman University who utilize e-commerce and have taken the entrepreneurship course. This research employs a quantitative method. Data were collected via a questionnaire using Google Forms. The data analysis techniques include testing the validity and reliability of the instrument, classical assumption tests (normality, multicollinearity, and heteroscedasticity), and multiple linear regression analysis with hypothesis testing through partial t-tests. The results show that the e-commerce variable has a positive and significant effect on entrepreneurial interest. Likewise, the Sharia entrepreneurship education variable is proven to have a positive and significant influence on students’ entrepreneurial interest. This indicates the importance of integrating technology and Sharia entrepreneurial values in shaping independent and ethical entrepreneurial character.

This study aims to analyze the implementation of the samsarah system in the practice of buying and selling cattle in Petiyin Hamlet, Wadeng Village, Sidayu Subdistrict, Gresik Regency, and review the determination of compensation from an Islamic economic perspective. This research uses a qualitative approach with a field research method to explore data in depth. The results showed that the samsarah system facilitates cooperation between farmers, brokers, and buyers, with the brokers acting as liaisons. The determination of the reward is often based on the sincerity of the cattle owner after the sale, usually half of the profit from the sale of the cattle, although it is in line with sharia principles, but transparency and certainty need to be improved. This practice is generally in line with Islamic economic principles that emphasize justice, moral responsibility, and transparency, and does not contain elements of usury or gharar. This study concludes that the samsarah system has the potential to continue to be developed by paying attention to the principles of Islamic economics to make it more fair and transparent.

 Productive waqf has become a significant social finance instrument in supporting economic development and social welfare among Muslims. This study aims to evaluate the effectiveness of productive waqf as an Islamic social financial instrument from the perspective of Islamic law. This study uses a qualitative approach with a descriptive-analytical method. The results of the study show that productive waqf, which is managed professionally and in accordance with sharia principles, has great potential to make a significant contribution to social welfare. This study concludes that productive waqf has great potential to become a source of sustainable funding that supports social, educational, and health programs, as well as empowering the community's economy

Digital transformation has fundamentally reshaped the marketing landscape, driving the adoption of technology-based strategies such as SEO to enhance online visibility and the effectiveness of marketing communication. However, as the number of scholarly publications discussing SEO within the context of digital marketing continues to grow, a systematic mapping is needed to understand the directions, trends, and patterns of research collaboration that are emerging. This study aims to conduct a bibliometric analysis of scientific literature examining SEO as part of digital marketing strategy. The method employed is a Systematic Literature Review (SLR) using the PRISMA approach, involving 27 articles published between 2019 and 2025. The analysis reveals that SEO occupies a central role in digital marketing discourse, closely linked to terms such as digital marketing strategy, website, and user engagement. Thematic clustering indicates a diversity of research approaches, covering technical, strategic, and conceptual dimensions. Temporal visualization also shows a significant increase in SEO-related publications in recent years, driven by its integration with technologies like machine learning and growing attention to user experience. In the context of Islamic economics, these findings open up opportunities to develop SEO strategies that are not only technically effective but also aligned with Sharia principles such as honesty, justice, and the promotion of halal products enabling digital marketing to be conducted ethically and contributing to the strengthening of the Islamic economic ecosystem in the digital realm.

The purpose of this study was to examine the role of sedekah and waqf coupons as a medium for strengthening Islamic philanthropy for students. The method that the author uses in this study is a qualitative descriptive method using SWOT analysis. The results of this study are sedekah and waqf coupons are able to increase Islamic philanthropy in the students so as to create prosperity in life and be able to help improve the development of the Islamic economy.

The industrial revolution encourages individuals to think critically and creatively in implementing entrepreneurship, especially through micro, small, and medium enterprises (UMKM), which are currently promising business potential. The rapid growth of UMKM increases competition in Tuban Regency, encouraging the need for a business strategy that can provide a competitive advantage. This qualitative research uses interviews and literature studies to gather appropriate facts. Results of the analysis SWOT shows that UMKM in Tuban Regency are in Quadrant I, indicating a great opportunity that can be utilized with their strengths. The implemented strategy supports aggressive growth, allowing UMKM to maximize their potential in taking opportunities and competing effectively with other competitors.

This research aims to analyze and know the effect of dividend per share, managerial ownership and capital structure variables on stock price and the role of Islamic corporate governance as a moderating variable. This research uses a quantitative approach with panel data obtained from the secondary data of each company's annual report, the sample in this research amounted to 46 companies that fit the criteria multiplied by 4 years of observation so that a population of 184 manufacturing companies listed on the Indonesian Sharia Stock Index for the period 2020-2023 was obtained, with the Eviews 12 tool, The results obtained dividends per share and managerial ownership have a positive and significant effect on stock price, while capital structure has a negative and insignificant effect on stock price. The moderating role of Islamic corporate governance is able to moderate the effect of dividend per share and managerial ownership on stock price but is unable to moderate capital structure on stock price.