Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia

This study examines the impact of Sharia compliance on the economic resilience of women-led micro and small enterprises (MSEs) in Madura, Indonesia. Sharia principles, which emphasize the prohibition of riba (interest), gharar (ambiguity), maysir (gambling), and unethical activities, along with fai...

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Main Authors: Galuh Widitya Qomaro, Nasrulloh Nasrulloh, Nurdeng Deuraseh
Format: Article
Language:English
Published: Universitas Nahdlatul Ulama Surabaya 2024-12-01
Series:Journal of Islamic Civilization
Subjects:
Online Access:https://journal2.unusa.ac.id/index.php/JIC/article/view/6600
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author Galuh Widitya Qomaro
Nasrulloh Nasrulloh
Nurdeng Deuraseh
author_facet Galuh Widitya Qomaro
Nasrulloh Nasrulloh
Nurdeng Deuraseh
author_sort Galuh Widitya Qomaro
collection DOAJ
description This study examines the impact of Sharia compliance on the economic resilience of women-led micro and small enterprises (MSEs) in Madura, Indonesia. Sharia principles, which emphasize the prohibition of riba (interest), gharar (ambiguity), maysir (gambling), and unethical activities, along with fairness and risk-sharing, align closely with the cultural and religious values of Madura. Using a mixed-methods approach, quantitative data were gathered through surveys from 100 women entrepreneurs, and qualitative insights were obtained through in-depth interviews with 20 selected participants. The results indicate that adherence to Sharia compliance positively and significantly enhances financial stability, facilitates ethical investment diversification, and fosters community trust. This alignment with Islamic principles not only strengthens the economic resilience of businesses but also contributes to broader social well-being. The findings suggest that Sharia compliance serves as a strategic foundation for sustainable development in culturally rooted economies like Madura. Future research is encouraged to explore this model in other sectors and regions to expand its applicability.
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issn 2657-1021
2657-1013
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publishDate 2024-12-01
publisher Universitas Nahdlatul Ulama Surabaya
record_format Article
series Journal of Islamic Civilization
spelling doaj-art-7db5987441954ab989a088c4d3134bdc2025-08-20T02:16:44ZengUniversitas Nahdlatul Ulama SurabayaJournal of Islamic Civilization2657-10212657-10132024-12-016210.33086/jic.v6i2.6600Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia Galuh Widitya Qomaro0Nasrulloh Nasrulloh1Nurdeng Deuraseh2Universitas Trunojoyo Madura, IndonesiaUniversitas Trunojoyo Madura, IndonesiaSultan Sharif Ali Islamic University Brunei Darussalam, Brunei Darussalam This study examines the impact of Sharia compliance on the economic resilience of women-led micro and small enterprises (MSEs) in Madura, Indonesia. Sharia principles, which emphasize the prohibition of riba (interest), gharar (ambiguity), maysir (gambling), and unethical activities, along with fairness and risk-sharing, align closely with the cultural and religious values of Madura. Using a mixed-methods approach, quantitative data were gathered through surveys from 100 women entrepreneurs, and qualitative insights were obtained through in-depth interviews with 20 selected participants. The results indicate that adherence to Sharia compliance positively and significantly enhances financial stability, facilitates ethical investment diversification, and fosters community trust. This alignment with Islamic principles not only strengthens the economic resilience of businesses but also contributes to broader social well-being. The findings suggest that Sharia compliance serves as a strategic foundation for sustainable development in culturally rooted economies like Madura. Future research is encouraged to explore this model in other sectors and regions to expand its applicability. https://journal2.unusa.ac.id/index.php/JIC/article/view/6600Economic ResilienceSharia ComplianceWomen EntrepreneursMadura
spellingShingle Galuh Widitya Qomaro
Nasrulloh Nasrulloh
Nurdeng Deuraseh
Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia
Journal of Islamic Civilization
Economic Resilience
Sharia Compliance
Women Entrepreneurs
Madura
title Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia
title_full Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia
title_fullStr Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia
title_full_unstemmed Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia
title_short Sharia Compliance and Economic Resilience of Women-Led SMEs in Madura Indonesia
title_sort sharia compliance and economic resilience of women led smes in madura indonesia
topic Economic Resilience
Sharia Compliance
Women Entrepreneurs
Madura
url https://journal2.unusa.ac.id/index.php/JIC/article/view/6600
work_keys_str_mv AT galuhwidityaqomaro shariacomplianceandeconomicresilienceofwomenledsmesinmaduraindonesia
AT nasrullohnasrulloh shariacomplianceandeconomicresilienceofwomenledsmesinmaduraindonesia
AT nurdengdeuraseh shariacomplianceandeconomicresilienceofwomenledsmesinmaduraindonesia