At-Tawazun, Jurnal Ekonomi Syariah

MONOPOLI DAN PENIMBUNAN DALAM PANDANGAN EKONOMI ISLAM: IMPLIKASI TERHADAP KEADILAN (STUDI KASUS TOKO SEMBAKO AL MUNAWARAH)

Al Munawarah, Arum Wijayanti — Tue, 30 Jun 2026 00:00:00 +0000

This study examines monopoly and hoarding practices in Islamic economics and their implications for price fairness, using Al Munawarah Grocery Store as a case study. Monopoly and hoarding are economic practices that frequently occur in the distribution of basic necessities and negatively affect price stability and public welfare. The purpose of this study is to analyze these practices from the perspective of Islamic economics and evaluate their impact on small businesses. This study employs a descriptive qualitative research approach through observations, systematic and semi-structured interviews, and documentation. The collected data were then presented and analyzed to draw conclusions. The findings indicate that Al Munawarah Grocery Store does not engage in monopoly or hoarding practices; however, it is indirectly affected by such practices among large distributors. In Islamic economics, monopoly and hoarding are classified as forms of dzulm (injustice) and are contrary to the principle of al-maslahah al-'ammah (public interest). Therefore, effective market supervision and the implementation of justice-based principles are essential solutions for maintaining economic balance and ensuring price fairness.

ANALISIS STRUKTUR PASAR DAN STRATEGI PERSAINGAN PADA TOKO KUE BEPPA JANDA LAPAK MEMEY

Alya Rafeyfa Asyla, Siti Latifaturrohmah — Tue, 30 Jun 2026 00:00:00 +0000

Understanding market structures and competitive strategies is important for the sustainability of small and medium-sized enterprises (SMEs) in the culinary sector. Beppa Janda Lapak Memey Cake Shop was selected because it has successfully survived amid intense local market competition. This study aims to analyze the market structure and competitive strategies implemented by the business. This study employed a descriptive qualitative method through interviews, observations, and documentation involving the owner and employees, supported by relevant literature. The findings indicate that the business operates within a market structure that closely resembles perfect competition, where prices are determined by market demand and supply. The competitive strategies adopted include affordable pricing, product innovation, and customer-friendly service. These strategies have proven effective in enhancing customer loyalty and strengthening the business's competitiveness in the local culinary market.

MAKNA NIAT BISNIS PENGUSAHA MUSLIM BISNIS KULINER DI KABUPATEN KUTAI TIMUR

Sismanto, Sri Andriani, Syafi’atul Mir’ah Ma’shum, Yusnia Binti Khalifah — Tue, 30 Jun 2026 00:00:00 +0000

The culinary sector is one of the fastest-growing economic sectors and has become an important component of community economic activity, including in East Kutai Regency. In practice, Muslim entrepreneurs do not perceive business merely as an economic activity but also as an expression of spiritual values, social responsibility, and worship. This study aims to explore the experiences of Muslim entrepreneurs in managing culinary businesses, analyze the meaning of entrepreneurial intention, and describe the patterns of social action among Muslim entrepreneurs engaged in culinary business activities in East Kutai Regency. This study employed a qualitative approach based on Alfred Schutz’s social phenomenology. Data were collected through in-depth interviews, observations, and documentation involving Muslim culinary entrepreneurs who were selected through purposive sampling. The data were analyzed using data condensation, data display, and conclusion drawing through a thematic approach based on the concepts of because motive and in-order-to motive. The findings indicate that life and spiritual experiences, family background, and future business orientation shape the meaning of entrepreneurial intention among Muslim entrepreneurs. They perceive business as a form of worship, a means of fulfilling family responsibilities, a way to seek divine blessings, and a means of contributing to society. Their patterns of social action are reflected in business management based on Islamic values, family-oriented workplace relationships, customer-oriented service, and business practices that emphasize honesty and trustworthiness. This study contributes to the development of Islamic business phenomenology by providing a deeper understanding of the subjective meanings of entrepreneurial intention and social action among Muslim entrepreneurs engaged in culinary business activities.

ANALISIS RASIO RENTABILITAS DALAM MENILAI KINERJA KEUANGAN PERUSAHAAN PT. BUMI RESOURCES TBK. TAHUN 2024-2025

Adelia Septiani Putri — Tue, 30 Jun 2026 00:00:00 +0000

This study aims to analyze the financial performance of PT Bumi Resources Tbk for the 2024–2025 period based on profitability ratios. The ratios used in this study include Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE). The research employed a quantitative approach with a descriptive method. The data used were secondary data obtained from the financial statements of PT Bumi Resources Tbk for the years 2024 and 2025. Data analysis was conducted by calculating and comparing the profitability ratios for both periods. The results indicate that Net Profit Margin (NPM) increased from 6.63% in 2024 to 8.58% in 2025. Return on Assets (ROA) increased from 2.16% to 2.90%, while Return on Equity (ROE) increased from 3.15% to 4.24%. The increase in these three ratios indicates that PT Bumi Resources Tbk experienced an improvement in financial performance, reflected in the company's enhanced ability to generate profits through sales, asset utilization, and equity management. Therefore, the financial performance of PT Bumi Resources Tbk during the 2024–2025 period can be considered to have shown positive growth.

OPTIMALISASI KUALITAS LAYANAN UMRAH BERBASIS TEORI PRODUKSI ISLAM: STUDI DI PT AMANINA TOUR & TRAVEL

Herma Puspa Sari, Anis Afifatul Baroroh — Tue, 30 Jun 2026 00:00:00 +0000

The Umrah travel industry demands service providers who are not only professional, but also oriented to sharia values. This study aims to analyze the application of Islamic production theory in the management of Umrah services at PT Amanina Tour & Travel and examine the company's efforts in optimizing service quality based on sharia principles. The research uses a qualitative descriptive method with data collection techniques through observation, interviews, and documentation. The results of the study show that PT Amanina Tour & Travel implements the principles of Islamic production, namely monotheism, trust, justice, and transparency, at every stage of service, starting from cost openness, selection of partners who meet halal standards, the implementation of worship guidance, to services during the Umrah trip. Service quality optimization is carried out through employee training, periodic service evaluation, and strengthening a work culture based on Islamic values. The application of these principles has a positive impact on the trust and satisfaction of pilgrims through safe, transparent, professional, and sharia-compliant services. These findings show that Islamic production theory can be an effective foundation in improving the quality of Umrah services while realizing the value of blessings in the implementation of worship travel services.