The International Journal of Islamic Economics and Finance (IJIEF) is published biannually in January and July. The International Journal of Islamic Economics and Finance was founded by the International Program for Islamic Economics and Finance (IPIEF). Universitas Muhammadiyah Yogyakarta is the publisher of this journal. The journal is peer-reviewed and published using the Open Journal System (OJS). IJIEF publishes exclusively in electronic (PDF) format. Open access to the electronic publication is available at http://journal.umy.ac.id/index.php/ijief/index. ISSN: 2622-4372 (online) ISSN: 2622-3562 Printed