Vol. 3 No. 1: Sharia Governance and Sustainable Finance: Ethical Transformation in the Digital and Green Economy

View Vol. 3 No. 1: Sharia Governance and Sustainable Finance: Ethical Transformation in the Digital and Green Economy

This issue explores the evolving landscape of Islamic finance as it integrates ethical governance, sustainability, and innovation to address global economic challenges. The first article investigates how knowledge, Sharia compliance, religiosity, and local wisdom shape green banking behavior, emphasizing the moral foundation of environmental responsibility in Islamic finance. A maqashid shariah-based evaluation of the Cash Waqf Linked Sukuk (CWLS SW001) highlights the role of sharia instruments in strengthening productive waqf and supporting social welfare. The discussion on ethical integrity and regulatory compliance in Sharia-compliant multi-level marketing stresses the need for transparency and adherence to Islamic ethical principles in modern business models. A comparative study on zakat governance in Malaysia, Turkey, and Indonesia examines how institutional efficiency and social justice can be harmonized across Islamic nations. Finally, the empirical study on financial innovation and Sharia governance reveals the dynamic relationship between cryptocurrencies and traditional banking risk–return structures in Indonesia’s financial ecosystem. Collectively, this edition underscores how faith-based ethics and digital innovation can coexist to create a just, sustainable, and resilient Islamic economic system.

This issue features contributions from researchers in several countries, namely Indonesia, Malaysia and Iran, presenting a variety of academic perspectives and insights.

DOI: https://doi.org/10.61536/alurwah.v3i01
Published: 2025-09-30

Articles

  • The Influence of Knowledge, Sharia Compliance, Religiosity, and Local Wisdom on the Implementation of Green Banking Behavior

    Milla Febriza
    1-10
    • PDF |  Views: 293 times |  Download : 288 times
    DOI: https://doi.org/10.61536/alurwah.v3i01.282

  • Maqashid Shariah-Based Assessment of CWLS SW001 in Enhancing Productive Waqf

    Abdul Razak Hasibuan, Siti Achiria, Hadi Saeidi
    11-19
    • PDF |  Views: 225 times |  Download : 201 times
    DOI: https://doi.org/10.61536/alurwah.v3i01.308

  • Ethical Integrity and Regulatory Compliance in Sharia-Compliant Multi-Level Marketing

    Akhmad Taufiq, Satrio Wibowo
    20-29
    • PDF |  Views: 387 times |  Download : 259 times
    DOI: https://doi.org/10.61536/alurwah.v3i01.309

  • حوكمة الزكاة في الدول الإسلامية: دراسة مقارنة بين ماليزيا وتركيا وإندونيسيا لتعزيز الكفاءة والعدالة الاجتماعية

    Mohamad Abdul Hamid, Aishath Muneeza, Ali Hardani
    30-35
    • PDF |  Views: 314 times |  Download : 169 times
    DOI: https://doi.org/10.61536/alurwah.v3i01.310

  • Financial Innovation and Sharia Governance: An Empirical Study of Cryptocurrencies and Traditional Banking Risk–Return Dynamics in Indonesia

    Abdul Rasyid, Yudi Zatnika
    36-53
    • PDF |  Views: 339 times |  Download : 657 times
    DOI: https://doi.org/10.61536/alurwah.v3i01.311

  • Quality Testing of the Tigaraksa Police Public Complaints Website Using ISO/IEC 29119

    Muhammad Sodikin, Indra Kosasih, Chairul Anwar
    54-65
    • PDF |  Views: 91 times |  Download : 188 times
    DOI: https://doi.org/10.61536/alurwah.v3i1.399

  • Determination of Internal and External Factors in Sharia Investment Management Optimization

    Sinta Sintia Br. Karo, Pani Akhiruddin Siregar, Ahmad Afandi Surbakti
    66-71
    • PDF |  Views: 143 times |  Download : 171 times
    DOI: https://doi.org/10.61536/alurwah.v3i1.358

  • Optimizing Sharia Investment Portfolio Management through Sharia Screening and Risk Management Strategies

    Imelda Saragih, Ahmad Afandi Surbakti, Pani Akhiruddin Siregar
    72-76
    • PDF |  Views: 270 times |  Download : 159 times
    DOI: https://doi.org/10.61536/alurwah.v3i1.368

  • Rahn As a Sharia Financial Instrument: A Literature Study on the Mechanism and Implications in Indonesia

    Khafka Nafista Febrianty, Selvi
    77-82
    • PDF |  Views: 367 times |  Download : 109 times
    DOI: https://doi.org/10.61536/alurwah.v3i1.411

  • A Review of the Role of the Gold Rahn Contract in Islamic Banks in Educating and Boosting the Financial Improvement of the Community

    Nursania Dasopang, Siti Khadijah Matondang, Gusriandi, Rizka Makhrijan Zebua, Ainun Sarkiyah
    83-90
    • PDF |  Views: 156 times |  Download : 170 times
    DOI: https://doi.org/10.61536/alurwah.v3i1.408