Abstract:Global economic inequality has become a pressing issue, as conventional economic systems often prioritize growth over equitable wealth distribution, leaving marginalized populations vulnerable. Islamic economics offers an…
n alternative paradigm that integrates ethical principles, social justice, and welfare-oriented financial mechanisms to address these disparities. This study aims to systematically analyze the role of Islamic economic instruments in promoting social justice and reducing inequality. A Systematic Literature Review (SLR) was conducted using the PRISMA framework, reviewing 21 selected studies published between 2016 and 2025 from international and national academic databases. The analysis focuses on key instruments, including zakat, waqf, Islamic microfinance, and macro-level financial inclusion. The results indicate that zakat and waqf significantly contribute to poverty alleviation and sustainable development, while Islamic microfinance empowers economically marginalized communities by enhancing financial access and independence. Macro-level Islamic finance further supports inclusive economic growth and aligns with the Sustainable Development Goals (SDGs). The discussion highlights both the effectiveness and challenges of these instruments, emphasizing the need for robust governance, regulatory support, and financial literacy programs. In conclusion, Islamic economics provides a holistic and ethical approach to address global inequality, offering policymakers and practitioners practical strategies for achieving inclusive and sustainable economic development.
Abstract:The development of the gig economy and cross-border remote work has significantly changed the face of the world of work but also poses complex regulatory challenges. This research aims to identify and analyse the regulatory…
ory challenges faced in the context of the gig economy and cross-border remote work and evaluate the policy responses from various countries. The method used is a literature review by examining scientific literature, national and international regulations, and related policy reports. The results showed that the unclear legal status of workers, differences in regulations between countries, taxation issues, and limited social protection are the main obstacles. This research recommends the need for adaptive regulatory reforms and international collaboration to create an inclusive and equitable legal framework to support sustainable growth of the digital economy and protect workers' rights.
Abstract:This study explores the application of the Value-Based Management (VBM) approach in analyzing the financial efficiency of renewable energy projects. As the global demand for clean and sustainable energy increases, renewable…
ble energy projects play a strategic role in the energy transition but are often faced with challenges of large initial investment, technological risks, and regulatory uncertainty. The results show that the application of VBM in evaluating renewable energy projects can improve the quality of investment decision making by considering both financial and non-financial aspects holistically. VBM encourages companies to be more selective and strategic in choosing projects that are not only economically feasible, but also socially and environmentally sustainable. In addition, this approach provides a strong framework for aligning managerial objectives with shareholder interests, improving corporate governance, and strengthening transparency in the process of evaluating and reporting project performance.
Abstract:Increasing the legal responsibility of hospitals in the management of drugs and medical devices is a strategic step in improving the quality of health services and protecting patient rights. Hospitals have an obligation…
to ensure that all drugs and medical devices used meet the standards of safety, effectiveness, and compliance with applicable regulations. Good governance includes distribution supervision, stock management, and usage control, which serve to minimise risks to patients. In addition, improper management can potentially lead to legal consequences in the form of sanctions or prosecution. Overall, strengthening the legal responsibility of hospitals is an important element in creating a safer, more efficient and reliable healthcare system in accordance with regulatory standards and medical ethics.
Abstract:The rapid integration of financial technology (FinTech), artificial intelligence (AI), and social media has transformed global investment behavior, reshaping the psychological dynamics of modern investors. This paper examines…
mines how digital technologies amplify behavioral biases such as overconfidence, herding, and recency bias within contemporary financial markets. Using a descriptive qualitative approach supported by literature synthesis and case studies, it explores the interplay between investor psychology and technological systems. Findings indicate that while FinTech platforms democratize access to financial markets, their gamified features and algorithmic personalization reinforce impulsive and emotionally driven trading. AI-based advisory systems, though designed to enhance decision accuracy, often introduce automation bias and confirmation loops that distort rational judgment. Social media ecosystems further accelerate herding and emotional contagion by promoting conformity through peer validation and viral sentiment. The study highlights ethical and regulatory challenges associated with behavioral exploitation and algorithmic transparency, emphasizing the need for robust investor protection frameworks and behavioral literacy programs. Ultimately, it concludes that technology in finance must balance innovation with responsibility, ensuring that digital tools empower investors without amplifying cognitive biases or undermining market integrity.
Abstract:The advancement of electromedical technology has had a significant impact on improving healthcare quality in Indonesia. This technology encompasses a range of devices, such as MRI scanners, ECG monitors, and remote patient…
nt monitoring systems, which play essential roles in enhancing diagnostic accuracy, expediting medical decision-making, and enabling real-time patient monitoring. However, the adoption of electromedical technology in Indonesia faces several challenges, including budget limitations, a shortage of trained healthcare professionals, and complex regulatory frameworks. This article examines the current state of electromedical technology implementation in Indonesian healthcare settings, highlighting both its benefits and the barriers to its widespread use. By reviewing case studies from Indonesian hospitals, the article explores the positive effects of electromedical devices on healthcare quality and outcomes, as well as the logistical and financial obstacles encountered in their integration. The study also offers recommendations for addressing these challenges, including increased investment in healthcare infrastructure, targeted training programs for medical professionals, and streamlined regulatory processes to facilitate the use of advanced medical technologies. Through a comprehensive literature review and case analysis, this research aims to provide a deeper understanding of how electromedical advancements contribute to healthcare improvements in Indonesia and to suggest strategies for maximizing their impact across diverse healthcare settings.
Abstract:This study aims to analyze the effect of population, export and regulatory quality on economic growth in 5 ASEAN developing countries for the 2015-2020 period. The analysis technique used is Multiple Regression Analysis…
with the Ordinary Least Square (OLS) method with the FEM model. The results in this study indicate that partially population has a negative and significant effect on the economic growth of ASEAN countries for the 2015-2020 period, exports have a positive and significant effect on the economic growth of ASEAN countries for the 2015-2020 period, and the regulatory quality has a positive and no effect significant to the economic growth of ASEAN countries in the 2015-2020 period. Then collectively population, exports, and the regulatory quality have a significant effect on the economic growth of ASEAN countries for the 2015-2020 period.
Abstract:Hospital operations provide healthcare services while generating environmental impacts through medical waste, hazardous and toxic waste, wastewater, and the consumption of energy, water, and other resources. These impacts…
s require hospitals to adopt environmental management practices that extend beyond regulatory compliance and strengthen environmental awareness. This study aims to analyze the role of green accounting in fostering environmental awareness and supporting organizational sustainability at a specialized hospital (RSK X) in East Java, Indonesia. The study employed a qualitative approach within an interpretive paradigm using a case study design. Data were collected through in-depth interviews, observations, and documentation involving informants engaged in environmental management and hospital operations. Data were analyzed through data reduction, data display, conclusion drawing, and thematic analysis using NVivo 14 Pro. The findings indicate that green accounting practices at RSK X are reflected in medical and hazardous waste management, wastewater treatment plant operations, environmental monitoring, resource efficiency, environmental reporting, and environmental cost recording. These practices function not only as mechanisms for administrative compliance and cost control but also as instruments for fostering employees' environmental awareness through socialization, monitoring, habituation, and behavioral change. Green accounting implementation is supported by management commitment, government regulations, accreditation requirements, and organizational culture. However, constraints remain, particularly the absence of a dedicated green accounting report, limited integration of environmental information into the hospital information system, and varying employee understanding of green accounting. The study concludes that green accounting serves managerial and behavioral functions by improving environmental accountability, strengthening environmental awareness, and contributing to hospital sustainability.
Abstract:Companies listed in the Jakarta Islamic Index 70 (JII70) provide a unique research context because they operate within an Islamic capital market framework that applies sharia screening criteria and financial requirements.…
. Despite being guided by the same sharia principles and regulatory environment, JII70 companies still show variations in financial performance. Although previous research has examined the factors that affect financial performance, empirical evidence regarding the influence of efficiency, market ratios, liquidity, and leverage still shows inconsistent results, particularly in companies that comply with sharia principles. Therefore, this study aims to analyze the influence of efficiency, market ratio, liquidity, and leverage on the financial performance of companies listed on JII70 by using Return on Assets (ROA) as a performance indicator. This study uses a quantitative approach by utilizing secondary data obtained from the annual reports of 57 non-financial companies during the period 2021–2025, resulting in 285 company-year observations. Panel data regression analysis was performed using the Fixed Effects model with Driscoll–Kraay error standard to overcome the problems of heteroscedasticity and autocorrelation. The results show that efficiency measured by Total Asset Turnover (TATO) and market ratio measured by Price-to-Book Value (PBV) have a positive and significant effect on financial performance. Meanwhile, liquidity measured by Current Ratio (CR) and leverage measured by Debt-to-Asset Ratio (DAR) have a positive but not statistically significant effect on financial performance. The findings of this study support the Signaling Theory by showing that efficiency and market ratio provide stronger signals regarding company quality and financial performance in the context of the Islamic capital market in Indonesia. These findings provide practical implications for managers in improving company performance as well as for investors in making more informed investment decisions
Abstract:This study aims to evaluate the stability of three rock slopes in an artisanal kaolin mine in Semin, Gunungkidul, Yogyakarta, Indonesia, using deterministic and probabilistic approaches, and to identify the geotechnical…
parameters most influencing slope stability. The evaluation is conducted in compliance with Indonesian Mining Regulation (Kepmen ESDM No. 1827 K/30/MEM/2018) to provide quantitative geotechnical evidence for a mine that has been operated without prior formal geotechnical assessment. Field data were collected using the scanline method to characterize rock mass discontinuities. Laboratory tests comprising direct shear and physical properties tests were conducted to determine cohesion (c), friction angle (ϕ), and unit weight (γ) for each slope. Seismic coefficient (ks = 0,0913) was incorporated as a dynamic loading parameter. Slope stability was analyzed using the General Limit Equilibrium (GLE) method to obtain the deterministic Factor of Safety (FoS). Monte Carlo simulation (N = 10.000 iterations) was applied to determine the Probability of Failure (PoF), coefficient of variation of FoS (CoV), and reliability index (β). Sensitivity analysis was performed to quantify the contribution of each geotechnical parameter to FoS reduction. Results show that FoS values ranged from 2,019 (Slope III) to 10,55 (Slope II), all exceeding the regulatory minimum of 1,1. The PoF was 0,00% for all three slopes, well below the maximum allowable limit of 25%, with reliability indices ranging from 5,70 to 31,38. The CoV of FoS ranged from 3% to 9%, indicating low dispersion in stability outcomes despite parameter variability. Sensitivity analysis identified cohesion as the most dominant parameter in Slopes I and II, contributing 28% and 31% to FoS reduction respectively, while Slope III exhibited near-equal contributions from cohesion (20%) and friction angle (21%), reflecting its lower shear strength conditions. All three slopes satisfy the acceptance criteria of Kepmen ESDM No. 1827 K/30/MEM/2018 under current geotechnical and geometric conditions. The combined deterministic-probabilistic approach provides a more comprehensive slope safety assessment than deterministic analysis alone and is recommended for application in artisanal kaolin mining operations. Cohesion is identified as the critical parameter to be monitored and preserved to maintain slope stability.