Journal Description




























Journal title: Review of Islamic Social Finance and Entrepreneurship
Journal initials: RISFE
ISSN:  2963-847X (online)
DOI prefix: 10.20885/RISFE by
Frequency: Published in March and September
Publisher: Center for Islamic Economics and Development Studies (CIEDS)- P3EI, Faculty of Business and Economics, Universitas Islam Indonesia



Review of Islamic Social Finance and Entrepreneurship (RISFE) is an academic journal published by the Center for Islamic Economics and Development Studies (CIEDS)- P3EI, Faculty of Business and Economics, Universitas Islam Indonesia. The journal is published twice a year on March and September, intended as a medium for information, communication, and dissemination of research results and scientific studies in the field of Islamic social finance and entrepreneurship. Islamic social finance and entrepreneurship is defined as sectors which have a dimension of social mission within the organization, consist of traditional Islamic philanthropic institutions—zakat, shadaqah and waqf, and non-profit organizations such as corporate social responsibility (CSR) and non-government organizations (NGOs), as well as contemporary Islamic microfinance institutions and other Islamic social enterprises. Social entrepreneurship is all about recognizing the social problems and achieving a social change by employing entrepreneurial principles, processes and operations. It is all about making a research and development in managing a social venture to attain the desired change. The main objective of Islamic social finance and entrepreneurship is to meet the needs of the poor and marginalized groups to be able to participate actively in the main economic system in a just and efficient way so that an inclusive economic system can be realized based on Islamic principles.


 

Eid Mubarak Greetings

2025-04-04

Eid Mubarak!
May Allah accept our fasting, prayer, and good deeds. Taqabbalallahu minna wa minkum.

We sincerely thank you for your valuable contributions and dedication in advancing scholarly work in Islamic economics and finance through your writing in RISFE. May this blessed day bring peace, happiness, and renewed inspiration for continued excellence in academic pursuits.

Article Processing Charge (APC) Policy for RISFE Publications (Effective 2025)

2025-03-27

We would like to inform you that starting in 2025, Review of Islamic Social Finance and Entrepreneurship (RISFE) will implement an Article Processing Charge (APC) for the authors. This APC is essential to ensure the journal’s sustainability and continuous improvement in quality, covering costs related to manuscript processing, peer-review management, digital archiving, and open access to a wider academic audience.

RISFE Accreditation Results – Achieved Sinta 2

2025-03-22

We are pleased to announce the accreditation results of the Review of Islamic Social Finance and Entrepreneurship (RISFE). Based on the Minutes of Determination of Journal Accreditation Results for Period I of 2025, the Directorate General of Higher Education, Research, and Technology has issued Decree No. 10/C/C3/DT.05.00/2025 dated March 21, 2025, regarding the Accreditation Ranking of Scientific Journals for Period I of 2025.

Implementation of New Policy on Generative AI Usage in RISFE

2024-12-20

We are pleased to inform you that the Review of Islamic Social Finance and Entrepreneurship (RISFE) has implemented a new policy on the use of Generative AI and AI-based technologies. This policy aims to responsibly integrate technological advancements while upholding academic standards and ethical practices.

RISFE has been accepted for inclusion in DOAJ

2024-02-05

We are delighted to announce that the Review of Islamic Social Finance and Entrepreneurship (RISFE) has officially been recognized and included in the Directory of Open Access Journals (DOAJ).

Volume 4 Issue 1, 2025
Volume 4, Number : 1
March 5, 2025
Current Issue

Volume 4 Issue 2, 2025

The author countries are coming from Indonesia, Malaysia, Oman, and Turkiye

Published: October 2, 2025

Why are SMEs willing to pay trade zakat? Evidence from East Java, Indonesia

Ghifary Duyufur Rohman (1), Fahd Al-Shaghdari (2)
(1) Islamic Banking and Finance, Institute of Islamic Banking and Finance, International Islamic University Malaysia, Kuala Lumpur, Malaysia ,
(2) Islamic Banking and Finance, Institute of Islamic Banking and Finance, International Islamic University Malaysia, Kuala Lumpur, Malaysia
80-104
231

It’s giving halal: Gen Z behavior bridging halal certification and MSMEs’ purchase intention

Nimas Ayu Arumbinang (1), Nur Imam Saifuloh (2)
(1) Management Study Program, Sekolah Tinggi Ilmu Ekonomi Mulia Pratama, Bekasi, Indonesia ,
(2) Management Study Program, Sekolah Tinggi Ilmu Ekonomi Mulia Pratama, Bekasi, Indonesia
105-123
195

Social media influencers and sadaqah contribution among university students: Case of International Islamic University Malaysia

Muhammad Irwan Ariffin (1), Muhammad Ghazi Zufar Nasaruddin (2), Ahsan Yusuf Maulana (3), Abdulbarry Sultan Ameer (4)
(1) Department of Economics, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, Kuala Lumpur, Malaysia ,
(2) Department of Economics, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, Kuala Lumpur, Malaysia ,
(3) Department of Economics, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, Kuala Lumpur, Malaysia ,
(4) Department of Economics, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, Kuala Lumpur, Malaysia
124-140
246

Long term nexus between digitalization and macroeconomy on zakat collection in Indonesia

Aryadimas Suprayitno (1), Weni Hawariyuni (2), Wahyu Ario Pratomo (3), Widya Sartika Hasibuan (4), Monika Andrasari (5), Tika Widiastuti (6), Arva Athallah Susanto (7)
(1) Department of Islamic Economics, Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia ,
(2) College of Business, University of Buraimi, Sultanate of Oman, Oman ,
(3) Development Economics Study Program, Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia ,
(4) Development Economics Study Program, Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia ,
(5) Development Economics Study Program, Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia ,
(6) Department of Islamic Economics, Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia ,
(7) Department of Islamic Economics, Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia
141-153
203

Determinants of intention to become green waqf waqif in Indonesia

Dedy Rachmad (1), Nashr Akbar (2), Wiku Suryomurti (3), Syahdatul Maulida (4)
(1) Department of Magister Islamic Economics, Faculty of Sharia Economics and Business, Tazkia Islamic University, Bogor, Indonesia ,
(2) Department of Islamic Economics, Faculty of Sharia Economics and Business, Tazkia Islamic University, Bogor, Indonesia and Institute of Islamic Banking and Finance, International Islamic University Malaysia, Selangor, Malaysia ,
(3) Department of Sharia Business Management, Faculty of Sharia Economics and Business, Tazkia Islamic University, Bogor, Indonesia ,
(4) Department of Magister Islamic Economics, Faculty of Sharia Economics and Business, Tazkia Islamic University, Bogor, Indonesia
154-165
151

Green finance from the perspective of Islamic social finance: A case study of microfinance practices in Istanbul

Testru Hendra (1), Seppi Mustion (2), Karimaturrizky Syukri Nasution (3), Rana Nurulita Handra (4)
(1) Faculty of Islamic Economics and Business, Imam Bonjol State Islamic University, Padang, Indonesia ,
(2) Faculty of Islamic Economics and Business, Imam Bonjol State Islamic University, Padang, Indonesia ,
(3) Faculty of Economics, Marmara University, İstanbul, Türkiye ,
(4) Faculty of Islamic Economics and Business, Imam Bonjol State Islamic University, Padang, Indonesia
166-176
201

Analysis of the impact of zakat fund distribution on mustahik productivity in Indonesia

Nispia Asya'bani (1), Ulfia Nur Afifa (2), Tika Widiastuti (3), Imron Mawardi (4), Mochamad Soleh (5)
(1) Shariah Economic Department, Faculty of Economy and Business, Airlangga University, Surabaya, Indonesia ,
(2) Shariah Economic Department, Faculty of Economy and Business, Airlangga University, Surabaya, Indonesia ,
(3) Shariah Economic Department, Faculty of Economy and Business, Airlangga University, Surabaya, Indonesia ,
(4) Shariah Economic Department, Faculty of Economy and Business, Airlangga University, Surabaya, Indonesia ,
(5) Shariah Economic Department, Faculty of Economy and Business, Airlangga University, Surabaya, Indonesia
177-195
314
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