Journal of Halal Science, Industry, and Business

Maqasid Approach and Shariah Rules Towards Halal Industry

Syazwan Isnawi Hilme — 2024-11-29

The market for halal products has grown significantly outside of nations, with a majority of Muslims in a more globalized world, drawing in a wide range of customers who appreciate high-quality, ethical, and sustainable products. The halal industry is shaped by the Maqasid Shariah methodology and Shariah rules, which guarantee that its actions comply with Islamic ethical and legal requirements. The halal industry stresses not only the permissibility of products but also their cleanliness and wholesome by emphasizing the preservation of religion, life, intellect, lineage, and property. Applying Maqasid Shariah in the halal industry is clearly beneficial among consumers and producers, ensuring that products are not only permissible but also beneficial to society, individuals, and the environment, even in this modernized era. This strategy boosts consumer confidence by guaranteeing safety, encouraging moral company practices, and improving general social well-being. The researcher collected data from the selected studies, prioritizing details closely aligned with the research objectives. The findings were analyzed and interpreted within the context of relevant theoretical frameworks, concepts, and existing literature. To present the results of the thematic analysis, the authors employed a narrative framework, ensuring a coherent and structured exposition of the data.

A Moderating Effects of Islamic Advertising in the Relationship of Islamic Branding and Purchase Intention: The Case of Wardah Sunscreen Serum

Nucifera Choerunnisa — 2024-11-29

With a population of over 231 million, the majority of whom are Muslims, Indonesia's consumer base tends to prioritize specific values when selecting products and services. Muslim consumers in Indonesia generally favour halal-certified products that align with Sharia principles. This preference presents significant opportunities for manufacturers aiming to access and expand within this market. One effective approach to utilizing this market potential is through Islamic Branding and Islamic Advertising. Therefore, based on this issue, this study aims to examine the effect of Islamic Branding on Purchase Intention, with Islamic Advertising as a moderating variable. This study utilizes a quantitative research method with a descriptive approach, focusing on women in Bandung City. A purposive sampling technique was applied to select 169 respondents, and data analysis was conducted using simple linear regression along with Moderated Regression Analysis (MRA). The results showed that Wardah UV Shield Airy Smooth Sunscreen Serum SPF 50 PA++++ products have good Islamic Branding (average score of 86.37%), high Purchase Intention (average score of 84.02%), and excellent Islamic Advertising (average score of 84.32%). In addition, the results show that Islamic Branding has a positive and significant effect on Purchase Intention, and Islamic Advertising strengthens the relationship between Islamic Branding and Purchase Intention.

Developing Product by Increase Value of the Salted Fish Kulao by Pa Aon Tak Bai Community Enterprise

Habilla Chapakiya — 2024-11-29

This study aims to 1) investigate the process of developing a new product, a smooth taste of healthy salted fish kulao in sunflower oil, for the community enterprise of salted fish kulao Pa Aon Takbai, Tambon Jeahe, Takbai District, Narathiwat Province. 2) Disseminate knowledge about the production process of smooth taste of healthy salted fish kulao in sunflower oil 3) Examine consumer acceptance of smooth taste of healthy salted fish kulao in sunflower oil. The research utilized a salt fermentation formula for 6 hours, resulting in a product with good characteristics, low salt content, a good taste, and no off-flavours. The taste test conducted with a sample group of 30 people found that the satisfaction level with the product's taste was high (mean value = 4.32). Additionally, a sample group of 22 people reported that the product was fragrant, delicious, and not too salty. Therefore, it can be concluded that consumers well received the smooth taste of healthy salted fish kulao in sunflower oil with low salt content. This research suggests that when developing food products, it is essential to have a healthy formula, as consumers increasingly prioritize their health.

Halal Yoghurt Production Aspects Related to Halal and Kosher Food Production

Usman Mir Khan — 2024-11-29

Gelatin is widely used across various industries, including food, pharmaceuticals, and cosmetics. However, in the context of Halal and Kosher food production, it is considered one of the most contentious components. The acceptability of gelatin-containing products depends on the animal source, but once gelatin is integrated into food or pharmaceutical products, it becomes impossible to trace its origin. In yoghurt production, milk is incorporated with gelatin to counter the syneresis problem during storage, but the gelatin source is unknown, which led to Halal or Haram ethical issues. In response to this issue, the current study will focus on yoghurt production from transglutaminase enzymes extracted from plant sources as gelatin replacers and examine the rheological properties of yoghurt. The effects of varying transglutaminase concentrations (0.02%, 0.03%, and 0.04%) were tested at different setting temperatures (35°C, 45°C, and 55°C) and treatment times (60, 90, and 120 minutes). The findings demonstrate that the enzymatic treatment of milk helps mitigate the syneresis phenomenon during yoghurt storage at 4°C, improving water-holding capacity during centrifugation. Additionally, the post-acidification procedure and stability of yoghurt samples were both affected by cross-linking of transglutaminase with milk protein, which proved an effective tool for improving the functional properties of yoghurt. However, despite reducing syneresis, higher concentrations of transglutaminase resulted in weaker gelling properties, which negatively impacted the sensory qualities of the yoghurt. Given the increasing consumer concern regarding the authenticity of Halal and Kosher products, it is crucial to identify and quantify the origin of gelatin to ensure its compliance with Halal and Kosher standards.

Influence of Liquidity, Profitability, Inflation and Interest Rates on Stock Prices in The Indonesian Islamic Banking Sector 2019-2022

Handri Handri — 2024-11-29

Islamic banks play an important role in supporting economic growth through financing the real sector and various development initiatives. However, in certain periods, the stock prices of Islamic banks in Indonesia have decreased due to micro and macroeconomic factors. This study examines how liquidity, profitability, inflation, and interest rates affect the stock prices of Indonesian Islamic banks, aiming to improve stock performance and support economic growth. The study uses a quantitative approach with secondary data from the Indonesia Stock Exchange (IDX), and uses an unbalanced panel data regression method. The results show that both micro and macro factors influence stock prices. Specifically, the Current Ratio (CR) significantly negatively affects stock prices, Return on Equity (ROE) has a significant positive effect, while Inflation and Interest Rate have no significant impact when considered individually. This study provides new insights into the dynamics of stock prices in Islamic banks and highlights the importance of integrating micro and macro factors in financial analysis.

Leveraging the Concept of a Meaningful Journey for Halal Tourism Development in Indonesia

Niken Chaerunisa — 2024-11-29

Indonesia possesses significant potential for halal industry development, particularly in the food, non-food, and services sectors. Among these, halal tourism has gained prominence due to its appeal in providing leisure, lifestyle fulfilment, and personal well-being. This study investigates the concept and strategic application of a meaningful journey within halal tourism, focusing on ESQ Tours and Travel Indonesia. Using a qualitative descriptive approach and a case study method, data were collected through interviews, questionnaires, and documentation. Managerial-level representatives were selected via purposive sampling, and data analysis was conducted using NVivo 12 Plus software. The findings reveal that the meaningful journey concept, specifically the dimension of meaningfulness, plays a critical role in creating memorable tourism experiences. These experiences positively influence post-trip performance and increase revisit intentions. The study concludes that fostering meaningfulness is essential for sustaining engagement in halal tourism.