Article Sidebar

Submitted
July 15, 2022
Accepted
December 7, 2022
Published
December 12, 2022
Download
Full text PDF
Statistic
Read Counter : 490 Download : 359

Downloads

Download data is not yet available.

Main Article Content

Abstract

Purpose – This study aims to reveal the phenomenon of women entrepreneurs in the era of the Metaverse and analyze the Islamic economic viewpoint on using the Metaverse for business purposes.
Methodology – For the research procedure, this study uses a qualitative method with descriptive analyses and collects the sources of research using the library research technique.
Findings – This paper's findings showed that a growing number of entrepreneurs are conducting business in the Metaverse world, including women entrepreneurs. It also can be seen that cryptocurrencies used as tools for business transactions in the Metaverse are not in accordance with Islamic principles. It can be concluded that it is better for Muslim entrepreneurs to always be on track with the Islamic way, particularly in running their businesses.
Implications – The rising amount of women entrepreneurs in this generation has become remarkable, concurrent with the evolution of digitalization which eases the praxis of business to occur, particularly in the era of the Metaverse. Yet, it is also essential to analyze the usage of the business platform in the sphere of Metaverse from the perspective of Islamic economics for business activity, not to contradict the principles of Islam.
Originality – This study is to complete the lack of previous studies explaining the phenomenon of women entrepreneurs in the recent era of the Metaverse and discuss the perspective of Islamic economics concerning business in the Metaverse sphere.

Keywords

Women entrepreneurs; Metaverse; business; cryptocurrency; Islamic economics

Article Details

License

Copyright (c) 2022 Telsy Fratama Dewi Samad, Nugraha Hasan

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
How to Cite
Samad, T. F. D., & Nugraha Hasan. (2022). Women entrepreneurs in the era of metaverse: An Islamic economic perspective. Review of Islamic Social Finance and Entrepreneurship, 1(2), 131–140. https://doi.org/10.20885/RISFE.vol1.iss2.art5
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Al-qahtani, M., Zguir, M. F., Al-Fagih, L., & Koc, M. (2022). Women entrepreneurship for sustainability : investigations on status, challenges, drivers, and potentials in Qatar. Sustainability, 14, 2027. https://doi.org/10.3390/su14074091
  2. Anggadwita, G., Ramadhanti, N., & Astri, G. (2021). The effect of social perception and entrepreneurship orientation on women’s entrepreneurship intentions in Bandung. Jurnal Pemikiran dan Penelitian Administrasi Bisnis dan Kewirausahaan, 6(3), 269–280. https://doi.org/10.24198/adbispreneur.v6i3.35063
  3. Anggraeni, R. (2022). Bisnis yang akan naik di dunia metaverse. Inews. https://www.inews.id/finance/bisnis/bisnis-yang-akan-naik-di-dunia-metaverse
  4. Ausop, A. Z., & Aulia, E. S. N. (2018). Teknologi cryptocurrency bitcoin untuk investasi dan transaksi bisnis menurut syariat Islam. Jurnal Sosioteknologi, 17(1), 74–92. https://doi.org/10.5614/sostek.itbj.2018.17.1.8
  5. Bruni, A., Gherardi, S., & Poggio, B. (2004). Entrepreneur-mentality, gender and the study of women entrepreneurs. Journal of Organization Change Management, 17(3). https://doi.org/10.1108/09534810410538315
  6. Canorea, E. (2022). What companies use metaverses for and why the big tech companies are so interested. Plain Concepts. https://www.plainconcepts.com/metaverse-companies/
  7. Chandra, C. G. (2022). Ekspansi perusahaan dalam bisnis dunia virtual metaverse. Kumparan. https://kumparan.com/calvin-glenn/ekspansi-perusahaan-dalam-bisnis-dunia-virtual-metaverse-1xIcSCk09eE
  8. Clemens, A. (2022). Metaverse for beginners: A guide to help you learn about metaverse, virtual reality and investing in NFTs. Independently published
  9. Creswell, J. W. (2014). Research design qualitative, quantitative, and mixed method approaches. SAGE Publication.
  10. Cuan, D. (2022). Deretan artis Indonesia yang mulai seriusi proyek NFT dan metaverse. Bisnis Muda. https://bisnismuda.id/read/5319-don-cuan/deretan-artis-indonesia-yang-mulai-seriusi-proyek-nft-dan-metaverse
  11. Damayanti, A. (2022). 8 peluang cuan di dunia metaverse, bisa dicoba! Detik. https://finance.detik.com/fintech/d-5898131/8-peluang-cuan-di-dunia-metaverse-bisa-dicoba
  12. Daryanti, D., Ihsan, N., & Nurhaliza, P. (2022). Analisa faktor-faktor yang memotivasi perempuan desa Simpang Pulau Beralo berwirausaha melalui bisnis online (Studi kasus pada Ibu-ibu di desa Simpang Pulau Beralo, Kec. Kuantan Hilir,Kab. Kuansing). Research in Accounting Journal, 2(2), 157–170. https://journal.yrpipku.com/index.php/raj/article/view/470
  13. Davis, W. J. (2021). Metaverse explained for beginners: A complete guide to investing in cryptocurrency, NFT, blockchain, digital assets, web 3 & future technologies. Independently published
  14. Fauziah, F., & Latief, A. (2021). Faktor kesuksesan pengusaha UMKM wanita Muslim pengguna kanal digital. Al-Tirji: Jurnal Ekonomi dan Bisnis Islam, 6(2), 129–140. https://doi.org/10.21093/at.v6i2.2635
  15. Fauziah, L., Mashud, Lestari, H., Yuniningsih, T., & Nisa, H. N. A. (2022). The role of women: between opportunities and challenges in business in the era of the industrial revolution 4.0. Jurnal Kebijakan dan Manajemen Publik, 10(1), 16–22. https://doi.org/10.21070/jkmp.v10i1.1680
  16. Gibbons, S. (2022). How the metaverse could transform B2B enterprise. Forbes https://www.forbes.com/sites/serenitygibbons/2022/04/19/how-the-metaverse-could-transform-b2b-enterprise/?sh=2bd234ea6bcc
  17. Gual, M. (2022). Soal kripto, sikap Muhammadiyah seperti MUI dan OJK. Alinea. https://www.alinea.id/bisnis/soal-kripto-sikap-muhammadiyah-seperti-mui-dan-ojk-b2fg39BM6
  18. Gumilang, M. (2022). 5 model bisnis di dunia metaverse yang wajib anda ketahui. Sukabumi Update.com. https://sukabumiupdate.com/posts/93700/5-model-bisnis-di-dunia-metaverse-yang-wajib-anda-ketahui
  19. Haris, R., Haryoko, S., Malago, J. D., & Pertiwi, N. (2019). Ecopreneurship ability for young women entrepreneur candidates at university. Advances in Social Science, Education and Humanities Research, 227, 465–468. https://doi.org/10.2991/icamr-18.2019.112
  20. Hendrayati, H., & Gaffar, V. (2016). Innovation and marketing performance of womenpreneur in fashion industry in Indonesia. Procedia - Social and Behavioral Sciences, 219, 299–306. https://doi.org/10.1016/j.sbspro.2016.04.034
  21. Huarng, K., Mas-tur, A., & Yu, T. H. (2012). Factors affecting the success of women entrepreneurs. International Entrepreneur Management Journal, 8, 487–497. https://doi.org/10.1007/s11365-012-0233-4
  22. Idris, M. (2022). Muhammadiyah haramkan uang kripto, apa alasannya? Kompas. https://money.kompas.com/read/2022/01/21/172135126/muhammadiyah-haramkan-uang-kripto-apa-alasannya?page=all
  23. Ikmal, N., Indriastuti, & Suprayoga. (2021). Gender equality and women's empowerment: women's participation in era 4.0. ICON-DEMOST. https://doi.org/10.4108/eai.15-9-2021.2315556
  24. Kusuma, A., Tutiasri, R. P., Romadhona, M. R., & Khasanah, U. U. (2020). Rural women entrepreneur in digital era. Advances in Social Science, Education and Humanities Research, 423(Imc 2019), 1–10. https://doi.org/10.2991/assehr.k.200325.001
  25. Lerner, M., Brush, C., & Hisrich, R. (1997). Israeli women entrepreneurs: An examination of factor affecting performance. Journal of Business Venturing, 12, 315–339. https://doi.org/10.1016/S0883-9026(96)00061-4
  26. Mahardhika, L. A. (2022). Diharamkan MUI dan Muhammadiyah, minat investasi kripto di Indonesia surut? Bisnis.com. https://market.bisnis.com/read/20220120/94/1491381/diharamkan-mui-dan-muhammadiyah-minat-investasi-kripto-di-indonesia-surut
  27. Masyita, D. (2022). Investasi & trading dengan cryptocurrency dalam kacamata ekonomi Islam. You Tube. https://www.youtube.com/watch?v=G_zkUtBYQAo&t=6598s
  28. Merriam, S. B., & Tisdell, E. J. (2016). Qualitative research a guide to design and implementation. San Francisco: Jossey-Bass A Wiley Brand.
  29. Moreno-Gavara, C., & Jiménez-Zarco, A. I. (2019). Sustainable fashion: Empowering african women entrepreneurs in the fashion industry (Palgrave studies of entrepreneurship in Africa), Palgrave Macmillan
  30. Muhardono, A., Satrio, D., Zahro, Z., & Mila, I. R. (2022). Optimalisasi woman enterpreneur melalui pemanfaatan jejaring pemasaran dan social media marketing. Jurnal Pengabdian Masyarakat (Abdira), 2(1), 233–241. https://doi.org/10.31004/abdira.v2i1.90
  31. Nino, N. M. (2018). LeapFrog the revolution for women entrepreneurs. New York.
  32. Noor, S., Isa, F., & Shafiq, A. (2022). Women's entrepreneurial success models : A review of the literature. World Journal of Entrepreneurship, Management and Sustainable Development, 18(1). https://doi.org/10.47556/J.WJEMSD.18.1.2022.7
  33. Nugroho, L., & Chowdhury, S. L. K. (2015). Mobile banking for empowerment muslim women entrepreneur: Evidence from Asia (Indonesia and Bangladesh). Tazkia Islamic Finance and Business Review, 9(1), 83–100. https://doi.org/10.30993/tifbr.v9i1.79
  34. Nugroho, L., Hidayah, N., Ali, A. J., & Badawi, A. (2020). E-commerce to improve homemaker productivity (Women entrepreneur empowerment at Meruya Utara, Kembangan District, West Jakarta, Indonesia). Amalee: Indonesian Journal of Community Research and Engagement, 1(01), 13–24. https://doi.org/10.37680/amalee.v1i01.166
  35. Nurhaliza, S. (2022). Perusahaan yang ekspansi ke metaverse, ada Samsung, BBNI dan BBRI lho! IDX channel.com. https://www.idxchannel.com/economics/perusahaan-yang-ekspansi-ke-metaverse-ada-samsung-bbni-dan-bbri-lho/2
  36. Prajawati, M. I., Wahjoedi, Wahyono, H., & Sunaryanto. (2020). Definition of success according to women entrepreneur in Malang, Indonesia. Journal of Asian Finance, Economics, and Business, 7(9), 747–753. https://doi.org/10.13106/jafeb.2020.vol7.no9.747
  37. Pratomo, G. Y. (2022a). Anang Hermansyah bakal rilis proyek NFT dan metaverse. Liputan 6. https://www.liputan6.com/crypto/read/4856473/anang-hermansyah-bakal-rilis-proyek-nft-dan-metaverse
  38. Pratomo, G. Y. (2022b). Saat perusahaan ramai ekspansi digital ke metaverse. Liputan 6. https://www.liputan6.com/crypto/read/4889953/saat-perusahaan-ramai-ekspansi-digital-ke-metaverse
  39. Pratt, M. K. (2022). 10 examples of the metaverse for business and IT leaders. Tech Target https://www.techtarget.com/searchcio/feature/Examples-of-the-metaverse-for-business-and-IT-leaders
  40. Priya, G. L., & Bose, S. (2020). A study on online women entrepreneur. International Journal of Management (IJM), 11(12), 1095–1110. https://doi.org/10.34218/IJM.11.12.2020.100
  41. Rachmahyanti, S. (2022). MUI hingga Muhammadiyah haramkan uang kripto, ini penjelasannya. Inews. https://www.inews.id/finance/bisnis/mui-hingga-muhammadiyah-haramkan-uang-kripto-ini-penjelasannya
  42. Rahadian, L. (2022). Wir Asia bocorkan alasan masuk bisnis metaverse. CNBC Indonesia. https://www.cnbcindonesia.com/market/20220419154849-17-332869/wir-asia-bocorkan-alasan-masuk-bisnis-metaverse
  43. Rahmat, T. (2022). 6 artis indonesia yang membuat NFT dan metaverse. Mediani.com. https://mediaini.com/info-terkini/2022/02/15/71042/artis-nft-dan-metaverse/
  44. Saputra, A. (2022). Masuk ke dunia metaverse, NFT syahrini berhijab terjual dalam beberapa jam saja usai dirilis. Liputan 6. https://www.liputan6.com/showbiz/read/4839764/masuk-ke-dunia-metaverse-nft-syahrini-berhijab-terjual-dalam-beberapa-jam-saja-usai-dirilis
  45. Sari, M. N. (2022). The application of digital marketing in the Covid-19 era in the Indonesian Muslim Entrepreneur Association (IPEMI PC Kuranji) Padang City. Jurnal Ekonomi, Manajemen, Akuntansi dan Keuangan, 3(1), 201–206. https://doi.org/10.53697/emak.v3i1.410
  46. Sari, W. D., & Nurani, R. (2022). Menempatkan peran wirausaha wanita dalam usaha kecil dan menengah di Indonesia – Sektor makanan & minuman. Management Studies and Entrepreneurship Journal, 3(2), 388–406. https://doi.org/10.37385/msej.v3i2.432
  47. Septiawan, M. R., Ahmad, G. N., & Kurnianti, D. (2022). Pengaruh CEO female, CEO tenure, profitability dan business risk terhadap capital structure pada perusahaan manufaktur di Bursa Efek Indonesia periode 2014-2019. Jurnal Bisnis, Manajemen dan Keuangan, 3(1), 140–152. http://journal.unj.ac.id/unj/index.php/jbmk/article/view/30209
  48. Sihotang, J., Puspokusumo, R. A. A. W., Sun, Y., & Munandar, D. (2020). Core Competencies of women entrepreneur in building superior online business performance in Indonesia. Management Science Letters, 10, 1607–1612. https://doi.org/10.5267/j.msl.2019.12.006
  49. Simorangkir, E. (2022). Ramai-ramai haramkan bitcoin cs, dari MUI hingga Muhammadiyah. Detik. https://finance.detik.com/fintech/d-5904711/ramai-ramai-haramkan-bitcoin-cs-dari-mui-hingga-muhammadiyah
  50. Siswantoro, D., Handika, R., & Mita, A. F. (2020). The requirements of cryptocurrency for money, an Islamic view. Heliyon, 6(1), 1–9. https://doi.org/10.1016/j.heliyon.2020.e03235
  51. Stefanic, D. (2022). An introduction to the metaverse for business. Business Advice https://businessadvice.co.uk/business-development/an-introduction-to-the-metaverse/
  52. Suwatno. (2022). Masa depan komunikasi bisnis di era metaverse: Peluang dan tantangan. Berita UPI. http://berita.upi.edu/masa-depan-komunikasi-bisnis-di-era-metaverse-peluang-dan-tantangan/
  53. Tewari, D. B., Gautam, U., Saxena, C., & Verma, A. (2022). Self-help groups ( SHGs ) role in promotion of women entrepreneur : A saga of pandemic era. Journal of Positive School Psychology, 6(2), 936–947. https://journalppw.com/index.php/jpsp/article/view/1598
  54. Timotius, E. (2022). The future of entrepreneurship in Indonesia: Fostering the millennials' entrepreneurial intention. Indonesian Journal of Business and Entrepreneurship, 8(1), 12–23. https://doi.org/10.17358/ijbe.8.1.12
  55. Ueland, S. (2022). 12 examples of brands in the metaverse. Pratical Ecommerce. https://www.practicalecommerce.com/12-examples-of-brands-in-the-metaverse
  56. Vita, L. De, Mari, M., & Poggesi, S. (2013). Women entrepreneurs in and from developing countries : Evidences from the literature. European Management Journal. https://doi.org/10.1016/j.emj.2013.07.009
  57. Weston, G. (2022). 5 profitable business opportunities in metaverse. 101 Blockchains.https://101blockchains.com/business-opportunities-in-metaverse/
  58. Yasin, R. F. F., Mahmud, M. W., & Diniyya, A. A. (2020). Significance of financial literacy among women entrepreneurs on halal business. Journal of Halal Industry and Services, 3(Special Issue), 1–9. https://doi.org/10.36877/jhis.a0000076