The most perfect religion is Islam because it regulates all aspects of life, both in terms of worship and muamalat. Halal buying and selling based on the principle of mutual pleasure in accordance with the provisions of the Shari'a in order to achieve a sense of justice has been ordered in...

Market mechanisms in the era of globalization associated with the paradigm of the market economy along with the development of socialist economy, capitalist, or mixed. The market mechanism is a problem when the inefficient allocation of resources, market imperfections, and the cause of economic...

Basel II Accord implicitely demands the usage of the recent statistical approaches to enrich the risk measurement in financial analysis. A widely known aspect in risk analysis today is the Value at Risk. We showed that the conventional VaR measurement regarding to the usage of normality as a...

The paper elaborates some analytical opportunities for econophysics in the implementation of Basel II documents for banking. We see this chances by reviewing some methodologies proposed by the econophysicists in the three important aspects of risk management: the market risk, credit risk, and...

This paper aims to examine briefly about financial technology (FinTech) in Indonesia. By using a qualitative-descriptive approach, it can be seen that FinTech development tends to increase in Indonesia, both in terms of institutional (number of companies) and in terms of the financing model. The...