About the Journal

JIHBIZ: Journal of Islamic Economics, Finance, and Banking. JIHBIZ is a scientific journal published by Sharia Economics Study Program and Sharia Banking Study Program, both from Universitas Islam Raden Rahmat Malang, Indonesia. JIHBIZ is a scientific periodical publication, bilingual in Indonesian and English languages with a focus on studies of Islamic economics, Islamic finance, and Islamic banking. JIHBIZ published based on Decree No. 005.25490397/JI.3.1/SK.ISSN/2017. The first edition of JIHBIZ were Vol. 1, No. 1, January 2017. JIHBIZ is published twice a year at January and July.

The term JIHBIZ cannot be separated from the history of banking at the time of the Prophet Muhammad and his companions. Banking functions were usually performed by one person. Banking functions carried out by one individual in Islamic history have been known since the Abbasid era. Banking began to develop rapidly when there were many types of currency in circulation at that time so that special skills were needed to distinguish one currency from another. People who have special skills are called naqid, sarraf, and zihbiz. This economic activity was the embryo of what we know today as money changers. The term JIHBIZ itself became known since the time of Caliph Muawiyah (661-680), which was borrowed from Persian language: kahbad or kihbud. During the Sasanid government, this term was used for people who were assigned to collect land taxes.

The term JIHBIZ which is close to the history of banking and the past of Islamic economic activities has inspired the name of this journal because it is related to the scope of the study. JIHBIZ: Journal of Islamic Economics, Finance, and Banking has the following scope of the study:

  1. Islamic Economics: Islamic economics thought, national Islamic economy strategies, the ecosystem of shariah economy, and halal product
  2. Fiscal and monetary in Islamic perspective
  3. Islamic financial institutions and organizations
  4. Islamic social finance: zakat, infaq, sadaqah and waqf
  5. Islamic banking, finance and capital market: financial and non-financial performance
  6. Shariah compliance and corporate governance
  7. Islamic values driving lifestyle practice
  8. Islamic business ethics and entrepreneurship