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Item Open Access Rank size rule analysis on the urban population distribution of Indonesia for the year 2020(2024) Mohaqiq, Mohammad SadiqThe rank-size rule which is known as Zipf``s law is an interesting research topic in the field of urban and regional studies. Conclusions are drawn based on the parameters that examine people and their economic activities in a particular city. this study aims to assess the unique urban development and population distribution of Indonesia by taking into account the complex socioeconomic system and geographically different archipelago. This study uses demographical data from various cities in Indonesia to understand the hierarchal pattern of population distribution in urban areas. Furthermore, Indonesia is an interesting case study regarding urban economics since it has a vast geographical area and contains different cultures and economic activities. The main objective of this research is to understand the population distribution and to evaluate the accuracy of the rank-size rule model in this country. This research also aimed to identify the main factors that deviate the population distribution from the rank-size rule distribution. It is particularly important to develop practical policies on the urban development issues. The minor variations of population distribution in Indonesia from the rank-size rule model are a good tool for decision-makers to allocate resources, develop infrastructure, and contribute to sustainable urban expansion. In addition, this study is significant for understanding how the urban centers developed in Indonesia and how they interact with broader socio-economic perspectives which is essential for further urban development and wise decision-making.Item Open Access Analyzing nestle's waters and nespresso divisions : systematic approaches for improving corporate sustainability(ZAIN Publications, 2024-03) Azhar, Auns; Waheed, UsmanThe corporate landscape of Nestle is examined in this investigation, with a particular emphasis on the company's dedication to CSR and environmental preservation. This paper presents Nestle Waters' approach to ethical encounters in extraction of water, focusing on native rights, expired licenses, and security of water. It argues that open communication, compliance oaths and assurance, and community alliance are systematic solutions to these problems. The investigation now turns its attention to Nespresso and the premium coffee industry's waste management and aluminum consumption issues. Nespresso may benefit from a more methodical approach if the company would only establish some definite long-term objectives, encourage more partnerships, educate its customers better, and put more money into environmentally friendly packaging. These initiatives not only address pressing issues, but also help Nestle achieve its long-term sustainability objectives, which will set it apart as an industry leader in ethical business practices.Item Open Access Evaluating the impact of zakat on inclusive growth towards poverty reduction in Nusa Tenggara Timur(Akademi Zakat, 2024-09-04) Majid, Ruwaida Mohamed; Gissay, AmadouThis study examines the effectiveness of zakat distribution in Nusa Tenggara Timur, Indonesia, with a particular emphasis on how it affects access to basic services and the decrease of poverty for the period 2013-2022. Data was obtained from BPS Statistics Indonesia and Baznas National Zakat Statistics and analyzed using ordinary least squares regression model. The study finds that zakat distribution amounts significantly increase the number of poor people in Nusa Tenggara Timur. This result highlights structural problems with zakat institutions, such as poor institutional support, ineffective regulations, and problems with data administration. Second, the study shows that the fraction of households that get basic services is negatively impacted by the distribution of zakat. This implies that the ways in which zakat is distributed is not sufficient to promote inclusive growth, which might lead to the continuation of poverty cycles. The study underscores the necessity of implementing reforms in the zakat distribution, and reporting procedures. BAZNAS must implement complete digital solutions for transparent money tracking and effective distribution if they are to optimize the impact of zakat on poverty reduction. To enhance resource mobilization and distribution, private sector participation in zakat collection and cooperation with local governments are recommended.Item Open Access A Bibliometric analysis of green sukuk literature(Center for Islamic Economics Studies and Development, Faculty of Business and Economics, Universitas Islam Indonesia, 2024-09-12) Syamsi Mustofa Singgih Prayogo; Aji Raditya; Sarea, AdelPurpose – The objective of this study is to provide a comprehensive analysis of the current body of literature on green sukuk. Methodology – To achieve this objective, this study uses a bibliometric analysis and visualization and mapping of green sukuk research from to 2015-2023. The process of retrieving data through the Scopus database with the keywords "green sukuk" OR "global green sukuk" OR "retail green sukuk" OR "project based green sukuk.” Findings – The findings included the identification of the most pertinent journals, highly cited articles, prominent authors, nations with prolific publishing in green sukuk, top research affiliations, and journal quality. The study also highlights the fundamental factors that contribute to the emergence of green sukuk, such as the incorporation of Islamic finance principles, adherence to green bond standards, emphasis on sustainability, implementation of environmental, social, and governance (ESG) principles, and the desire of investors to buy such instruments. Implications – This study examines the effects of government policies on the issuance of green sukuk to support all 2030 Sustainable Development Goals (SDGs) programs, particularly in mitigating and preventing the negative effects of climate change. Furthermore, it examines the potential consequences for future studies, as other scholars can use the discoveries of this analysis to investigate new research prospects concerning the correlation between green sukuk and sustainable development goals (SDGs). Originality – The analysis provides insights into the evolution of green sukuk, identifies gaps in current research, and highlights emerging areas of interest.Item Open Access Gold-based housing financing model : proposing an alternative housing financing model for Islamic bank(Emerald Publishing Limited, 2024-04-30) Madha Adi Ivantri; Muhammad Hakim Azizi; Ana Toni Roby Candra Yudha; Yudi SaputraPurpose – This paper aims to propose a new housing finance mechanism through gold price as an alternative to interest rate in Islamic home financing, especially on Bai’Bithaman Ajil (BBA) contract. Design/methodology/approach – This study using simulation approach to calculate the monthly installments for home financing using gold price references. In simple terms, propose a financing formula in the BBA contract by converting the selling price of the house to the gold price, and then the monthly installments also follow the actual gold price. The authors provide an example by simulating this formula using historical data and cases of housing financing at Indonesian Islamic banks. The authors compare housing financing models based on gold prices and interest rates. Finally, The authors can compare the two housing financing models that are affordable for low-income people. Findings – The results show that in the initial period, monthly installments of BBA based on gold price were lower than home financing based on interest rate. This result makes it possible for low-income people who cannot access financing based on interest rates to access financing based on gold price. However, the total installments of financing based on gold prices are higher than the financing model based on interest rates. Research limitations/implications – The paper confines one contract, namely, BBA, as it is claimed to be more Shariah-compliant than others. Practical implications – These findings suggest an alternative model for Islamic banks and regulatory authorities in Indonesia to replace the interest rate reference with the gold price in BBA contract housing financing. This model can offer competitive advantages for Islamic banks, including lower initial installments and inflation-protected profits, serving as a means of differentiating them from conventional banks. Social implications – Gold price-based housing financing model in Islamic banks will increase the affordability of housing financing for low-income people. Originality/value – This paper tries to solve two problems, namely, first, the problem of assuming that Islamic and conventional banks are the same, and second, the problem of housing finance affordability. This study needs to be explored.Item Open Access The sustainable waste management using blockchain technology in ASEAN nations; case study of Indonesia(International Relations Study Program, Faculty of Social Science and Global Studies, Universitas Budi Luhur, 2024-07-31) Saboor, AbdulThis article discusses the scope and limitations of waste management in ASEAN countries, such as overflowing landfills and weak infrastructure. It discusses blockchain technology to help improve transparency, efficiency, and accountability. This article will investigate the inefficiency of waste management, investment barriers, and the role of public education in changing these attitudes. The information in this article is based on secondary data analysis, statistical reports, and documents obtained from various relevant document sources. Finally, it would suggest that a policy regarding waste governance be implemented using blockchain, public awareness campaigns and pilot programs for testing its efficacy in transforming waste management into a viable activity to meet SDGs.