Islamic Accounting Journal

The Application of Artificial Intelligence in Mitigation of Financial Investment Risk and The Future Challenges Faced: A Systematic Literature Review

Ni Made Sintya Surya Dewi, Ida Ayu Nirma Prameswari, I Kadek Bagiana — Thu, 10 Jul 2025 00:00:00 +0000

Objectives & Objects:

This article aims to explain the role of applying artificial intelligence in mitigating financial investment risks and future challenges faced by the existence of this AI use.

Methods:

This study adopts a Systematic Literature Review approach.

Results & Conclusions:

The findings of this study confirm that the role of applying AI as an innovation to reduce financial risk is that artificial intelligence can increase operational efficiency by processing and analyzing data quickly, saving time and human resources. AI can also help make better decisions in financial risk management. This can optimize financial performance and reduce losses.

Limitations:

The weakness of this study is the limited reference sources to be able to review this topic in more depth because this topic is still relatively new.

Implications:

By implementing AI, financial institutions can identify risks more accurately and faster. The application of AI does provide many benefits in the financial sector because it can be used as a tool to mitigate financial risks faced by companies, but the benefits of utilizing AI are inseparable from future challenges that may be faced. The challenges faced include the need for adequate regulation, proper data protection, cybersecurity risks, and gaps in technological skills among financial professionals.

The Influence of Financial Literacy and Peers on Financial Management with Self-Control as a Moderating Variable

Arina Hidayati, Nimas Aulia Pambajeng Miftahunnajah — Tue, 02 Sep 2025 00:00:00 +0000

The purpose of this study is to analyze the influence of financial literacy and peers on financial management moderated by self-control. This study uses a quantitative approach in the form of numbers. The population of this study were 1,559 students of the Faculty of Economics and Business, Universitas Negeri Semarang, class of 2022. This study used a sampling technique in the form of simple random sampling with the Slovin formula and obtained 318 students as samples. The data collection technique in this study was through the distribution of questionnaires. The data was processed using Smart PLS 3 software. This study shows that there is a positive and significant relationship of financial literacy on financial management with a path coefficient value of 0.189, while peers have no effect on financial management with a path coefficient value of -0.078. There is a positive and significant influence of self-control on financial management with a path coefficient value of 0.539, but self-control cannot moderate the influence of financial literacy and peers on financial management. The results of this study can be an illustration for students in managing their finances and for further researchers can expand the research sample.

Analysis of Eco Literacy, Environmental Concern, Perception Towards The Behavior of MSMEs in Kudus Regency in Implementing Green Economy

Heni Risnawati, Nurani Puspa Ningrum, Hilda Kumala Wulandari — Tue, 19 Aug 2025 00:00:00 +0000

Objective & object:

Increasing population growth requires effective management of natural resources. Scarcity of natural resources provides awareness to the community with responsible resource management and also considers the environment. This study aims to determine the effect of Eco Literacy, Environmental Concern and Perception on the behavior of MSMEs in Kudus Regency in the Implementation of Green Economy.

Methods:

The sample in this study was 41 using purposive sampling technique, namely MSMEs engaged in the field of food and beverage production. The data used are primary data by distributing questionnaires. Data analysis used in this study is using multiple linear regression analysis with the help of SPSS.

Results & Conclusions:

The results of the study show: 1) there is no significant effect of Eco Literacy on behavior in the implementation of Green Economy. 2) there is a significant effect of Environmental Concern and perception on behavior in the implementation of Green Economy. 3) simultaneously between the variables Eco Literacy, Environmental Concern and Perception have a very significant effect on the green economy of MSMEs in Kudus Regency.

Limitations:

The limitation in this study is the small number of respondents. Data collection by questionnaire so that respondents' answers are limited to only providing answers to statements in the questionnaire.

Implications:

The results of this study are expected to contribute to MSMEs to further implement environmentally friendly business activities in realizing the implementation of a green economy.

Keywords: Eco literacy , Concern environment , UMKM perception , Green economy .

The Role of Religiosity In Tax Compliance

Wahyu Widarjo, Galih Wicaksono — Mon, 11 Aug 2025 00:00:00 +0000

Purpose & Objective:

This study aimed to delve into the influence of religiosity on the rate of tax compliance of small food and beverage businesses in Banyuwangi Regency through 2025.

Method:

The study engaged a quantitative approach, involving 90 small food and beverage businesses selected purposively based on a set of pre-determined criteria. Data were obtained through a Likert-scale questionnaire and analysed using the SEM-PLS.

Results & Conclusion:

The analysis results exhibited a positive and significant relationship between religiosity and tax compliance. The higher rate of religiosity of respondents resulted in an enhanced tendency to comply with tax obligations, particularly among female business managers.

Limitations:

This study focused only on one small business sector in a particular region, excluding external factors, such as the intensity of tax education.

Implications:

These findings inform tax authorities and local governments to consider approaches that address religious values in strategies aiming at compliance improvement, such as involving religious leaders. Future research can focus on exploring additional variables such as the intensity of tax outreach and expanding the research area by, for example, focusing on the entire East Java region.