The COVID-19 pandemic has devastated the global and local economies. However, it has also contributed to the functioning of social solidarity in dealing with crisis pressure among local people which became a survival strategy for various businesses. This paper aims to map the patterns of economic pressure resulting from a pandemic and analyze social strength factor that became a survival strategy in the economic field. This research was conducted on several Chinese Indonesian converts to Islam [mu’alaf] to examine their religious solidarity that served as the strength for their survival as entrepreneurs. Therefore, qualitative research was conducted in a community of converts to Islam in Pontianak city, as one of the centers with a significant number of Chinese populations. In addition to data on crisis they experienced during the pandemic, this research also revealed their perceptions, motivation and actions in response to COVID-19. The results of the research showed that social and spiritual capital is the most important support that allows converts to recover from difficult times. Religion has become the moral basis of these entrepreneurs for solidarity and a source of support in coping with the pressure and problems. In the midst of scarcity of economic resources, religion-based social resources have become the answer to the problems encountered by these entrepreneurs.
This study aims to determine the role of Islamic banking on economic growth in Indonesia and to compared it with conventional banks. In recent years, Islamic banking has increased in terms of assets. By using panel data regression, this study examines the effect of Islamic banking on economic growth. Besides that, how big is the level of elasticity to economic growth. This study uses secondary data in the form of Gross Domestic Product (GDP), Islamic banking financing and credit by conventional banks. The results showed that Islamic banking and conventional banks had a positive impact on economic growth with the level of elasticity of Islamic banking still below conventional banks. So the existence of Islamic and conventional banks does not always replace, but complement each other in Indonesia.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2025 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.