Exploring the Utilization of Social Media Channels for Indonesian Islamic Economic Development

Muhammad Aunul Muwaffaq, Nun Maziyyah Mahsyar

Abstract

The global expansion of Islamic economics has been steadily growing. Several causes are contributing to this phenomenon, with the use of social media being a significant driver in promoting literacy. The Islamic Economics Society Association, often known as MES, has successfully expanded its network throughout Indonesia and internationally to promote Islamic economics and finance. This study seeks to investigate the capacity of social media used by MES in disseminating Islamic financial knowledge. This study will utilize qualitative analysis using a literature-based approach. The data will be collected by conducting a thorough examination of the potential and influence that has been achieved in social media. This will be done by analyzing the qualitative analysis model developed by Miles and Huberman, specifically focusing on data reduction, display, and conclusion. The study revealed that the use of social media can augment the literacy and inclusivity of society about Islamic economic and financial knowledge, leading to a transition towards the halal lifestyle and an enhancement of the human development index.

Keywords

(Development of Islamic Economics; Literation; MES; and Social Media).

Full Text:

PDF

References

Abduh, M., & Azmi Omar, M. (2012). Islamic banking and economic growth: the Indonesian experience. International Journal of Islamic and Middle Eastern Finance and Management, 5(1), 35–47. https://doi.org/10.1108/17538391211216811

Annur, C. M. (2024). Ada 185 Juta Pengguna Internet di Indonesia pada Januari 2024. Retrieved from Databoks: https://databoks.katadata.co.id/datapublish/2024/02/27/ada-185-juta-pengguna-internet-di-indonesia-pada-januari-2024#:~:text=Ada%20185%20Juta%20Pengguna%20Internet%20di%20Indonesia%20pada%20Januari%202024,-Teknologi%20%26%20Telekomunikasi&text=No.

Annur, C. M. (2024). Ada 185 Juta Pengguna Internet di Indonesia pada Januari 2024. Retrieved from Databoks: https://databoks.katadata.co.id/datapublish/2024/02/27/ada-185-juta-pengguna-internet-di-indonesia-pada-januari-2024#:~:text=Ada%20185%20Juta%20Pengguna%20Internet%20di%20Indonesia%20pada%20Januari%202024,-Teknologi%20%26%20Telekomunikasi&text=No.

Arifin, M. R., Raharja, B. S., & Nugroho, A. (2023). Do young Muslim choose differently? Identifying consumer behavior in Halal industry. Journal of Islamic Marketing, 14(4), 1032–1057. https://doi.org/10.1108/JIMA-02-2021-0049

As-Salafiyah, A., Rusydiana, A. S., & Mustafa, M. I. (2022). Maqashid sharia-based mosque empowerment index. International Journal of Ethics and Systems, 38(2), 173–190. https://doi.org/10.1108/IJOES-06-2021-0122

Azizah, A. S. (2020). Optimalisasi peran masyarakat ekonomi syariah melalui capacity building dalam pengembangan perbankan syariah di Provinsi Kalimantan Tengah (Doctoral dissertation, Universitas Islam Negeri Maulana Malik Ibrahim).

Bharati, P., Zhang, W., & Chaudhury, A. (2015). Better knowledge with social media? Exploring the roles of social capital and organizational knowledge management. Journal of Knowledge Management, 19(3), 456–475. https://doi.org/10.1108/JKM-11-2014-0467

Bolin G (2011) Value and the Media: Cultural Production and Consumption in Digital Markets.

London: Routledge

Cho, H., Cannon, J., Lopez, R., & Li, W. (2024). Social media literacy: A conceptual framework. New Media and Society, 26(2), 941–960.

https://doi.org/10.1177/14614448211068530

Furqani, H. (2017). The Current Situation of Islamic Economics in Indonesia. Istanbul: IKAM. Retrieved from https://ikam.org.tr/images/publications/05_rapor_5_en.pdf

Klinger, U., & Svensson, J. (2018). The end of media logics? On algorithms and agency. New Media & Society, 20(12), 4653–4670. https://doi.org/10.1177/1461444818779750

Leonardi, P. M. (2017). The social media revolution: Sharing and learning in the age of leaky knowledge. Information and Organization, 27(1), 47–59. https://doi.org/10.1016/j.infoandorg.2017.01.004

Miles, Matthew. B., & Huberman, A. M. (2014). Qualitative Data Analysis: A Methods Sourcebook. SAGE Publications

Neff, G. (2005). The Changing Place of Cultural Production: The Location of Social Networks in a Digital Media Industry. The ANNALS of the American Academy of Political and Social Science, 597(1), 134–152. https://doi.org/10.1177/0002716204270505

Nurasyiah, A., Syamputri, D., Al Adawiyah, R. A., Mahri, A. J. W., & Ismail, A. G. (2024). Islamic wealth management: ensuring the prosperity of Muslim households of MSMEs during Covid-19. International Journal of Ethics and Systems, 40(1), 189–211. https://doi.org/10.1108/IJOES-09-2021-0165

OJK. (2023). Indonesian Islamic Finance Report (LPKSI) 2022. Retrieved from Otoritas Jasa Keuangan: https://ojk.go.id/en/berita-dan-kegiatan/info-terkini/Pages/Indonesian-Islamic-Finance-Report-2022.aspx#:~:text=The%20Sharia%20Capital%20Market%20has,at%2013.94%25%20(yoy).

Rahman, F. K., Tareq, M. A., Yunanda, R. A., & Mahdzir, A. (2017). Maqashid Al-Shari’ah -based performance measurement for the halal industry. Humanomics, 33(3), 357–370. https://doi.org/10.1108/H-03-2017-0054

Review, W. P. (2023). Muslim Population by Country 2023. Retrieved from https://worldpopulationreview.com/country-rankings/muslim-population-by-country

Sakinah, G., Kasri, R. A., & Nurkholis, N. (2022). Islamic Finance and Indonesia’s Economy: An Empirical Analysis. Jurnal Ekonomi & Keuangan Islam, 47–59. https://doi.org/10.20885/jeki.vol8.iss1.art4

Santi, M. (2019). Perkembangan Ekonomi Syariah di Indonesia. Jurnal Eksyar (Jurnal Ekonomi Syariah), 47-56. Retrieved from http://ejournal.staim-tulungagung.ac.id/index.php/Eksyar

SGIER. (2023). State of the Global Islamic Economy Report. DinarStandard. Retrieved from https://cdn.salaamgateway.com/reports/pdf/SGIER-2023.pdf

Worldometers. (2024). Countries in the world by population (2024). Retrieved from https://www.worldometers.info/world-population/population-by-country/

Refbacks

  • There are currently no refbacks.