About the Journal

Focus and Scope

The articles of Journal Shafin topic contains the results of research on Accounting and Finance, especially Islamic Accounting, such as Financial Accounting, Islamic Accounting and Financial Management, Islamic Capital Market, Financial Accounting, Management Accounting, Islamic Accounting and Financial Management, Banking Accounting, Public Sector Accounting, Zakat Accounting, Corporate Governance, Sustainability Reporting, Ethics and Professionalism, Auditing, Capital Market and Investment, Corporate Finance, Taxation, Accounting Profession, and Accounting Information Systems.

Peer Review Process

The journal follows peer review policy. The paper is sent to many reviewers (the experts in respective field) to review the paper in the light of journal's guidelines and features of a quality research paper. For papers which require changes, the same reviewers will be used to ensure that the quality of the revised paper is acceptable.

The journal follows a systematic review and publication policy:

 Step 1:

The submitted manuscript is acknowledged within 12-24 hours upon receipt.

Step 2:

The manuscript/paper is sent to many reviewers. The review  process takes maximum two weeks.

Step 3:

The review reports are collected from the reviewers and the executive editor will send the review reports to the authors including all terms and conditions of the publication.

Step 4:

If the paper is accepted subject to modification, the executive editor will send the review reports to the author/corresponding author including a formal request to modify the paper by seven days as per the suggestions of the reviewers. The executive author will send the modified paper to the same reviewers of the said paper to justify the modifications. If the paper is again returned by the reviewers, the paper is said to be finally rejected. The journal will not proceed with the said paper. However, in case of very minor changes, the editorial board may consider the paper for further modifications.

Step 5:

The accepted paper is processed for publication (soft copy) upon the successful completion of the journal’s terms and conditions.  

Step 6:

Proof Reading. The executive editor will send the processed paper for publication (MS Word) to the author/corresponding author for proof reading.

Open Access Policy

This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.

Screening Plagiarism

All scripts submitted to the Journal will be subjected to a written authorization. The Journal Manager of Shafin will reject any manuscripts that are identified to be the result plagiarism by using the internationalized sourced Search Toolkit checker.

Publication Fees

Shafin: Sharia Finance and Accounting Journal has no APCs, submission charges, or another fee. Articles are submitted to Shafin via the Shafin journal management system. Anyone is free to register on this system and submit an article. Submission and article processing  for publication are free of chargeShafin copyright and license agreement, the articles are available online free of charge and the the authors retain the copyright of their work, which is distributed by Shafin under a free license (CC-BY-NC).

Publication Ethics

Shafin: Sharia Finance and Accounting Journal has been published by the Department of Economics and Islamic Business of State Islamic Institute of Madura (IAIN Madura). Shafin Journal is published twice a year on March and September, the contents are scientific writings of Finance and Sharia Accounting in forms of conceptual ideas, literature review, practical writing, or research results from various perspectives. 

Ethical Guideline for Journal Publication

The publication of an article in a peer-reviewed Shafin is an essential building block in the development of a coherent and respected network of knowledge. It is a direct reflection of the quality of the work of the authors and the institutions that support them. Peer-reviewed articles support and embody the scientific method. It is therefore important to agree upon standards of expected ethical behavior for all parties involved in the act of publishing: the author, the journal editor, the peer reviewer, the publisher and the society.  

Department of Economics and Islamic Business of IAIN Madura as publisher of Shafin Journal takes its duties of guardianship over all stages of publishing seriously and we recognize our ethical and other responsibilities. We are committed to ensuring that advertising, reprint or other commercial revenue has no impact or influence on editorial decisions. 

Publication decisions

The editor of the Shafin is responsible for deciding which of the articles submitted to the journal should be published. The validation of the work in question and its importance to researchers and readers must always drive such decisions. The editors may be guided by the policies of the journal's editorial board and constrained by such legal requirements as shall then be in force regarding libel, copyright infringement and plagiarism. The editors may confer with other editors or reviewers in making this decision.

Fair play

An editor at any time evaluate manuscripts for their intellectual content without regard to race, gender, sexual orientation, religious belief, ethnic origin, citizenship, or ideology of the authors.


The editor and any editorial staff must not disclose any information about a submitted manuscript to anyone other than the corresponding author, reviewers, potential reviewers, other editorial advisers, and the publisher, as appropriate.

Disclosure and conflicts of interest

Unpublished materials disclosed in a submitted manuscript must not be used in an editor's own research without the express written consent of the author.

Duties of Reviewers

Contribution to Editorial Decisions

Peer review assists the editor in making editorial decisions and through the editorial communications with the author may also assist the author in improving the paper.


Any selected referee who feels unqualified to review the research reported in a manuscript or knows that its prompt review will be impossible should notify the editor and excuse himself from the review process.


Any manuscripts received for review must be treated as confidential documents. They must not be shown to or discussed with others except as authorized by the editor.

Standards of Objectivity

Reviews should be conducted objectively. Personal criticism of the author is inappropriate. Referees should express their views clearly with supporting arguments.

Acknowledgement of Sources

Reviewers should identify relevant published work that has not been cited by the authors. Any statement that an observation, derivation, or argument had been previously reported should be accompanied by the relevant citation. A reviewer should also call to the editor's attention any substantial similarity or overlap between the manuscript under consideration and any other published paper of which they have personal knowledge.

Disclosure and Conflict of Interest

Privileged information or ideas obtained through peer review must be kept confidential and not used for personal advantage. Reviewers should not consider manuscripts in which they have conflicts of interest resulting from competitive, collaborative, or other relationships or connections with any of the authors, companies, or institutions connected to the papers.

Duties of Authors

Reporting standards

Authors of reports of original research should present an accurate account of the work performed as well as an objective discussion of its significance. Underlying data should be represented accurately in the paper. A paper should contain sufficient detail and references to permit others to replicate the work. Fraudulent or knowingly inaccurate statements constitute unethical behaviour and are unacceptable.

Originality and Plagiarism

The authors should ensure that they have written entirely original works, and if the authors have used the work and/or words of others that this has been appropriately cited or quoted.

Multiple, Redundant or Concurrent Publication

An author should not in general publish manuscripts describing essentially the same research in more than one journal or primary publication. Submitting the same manuscript to more than one journal concurrently constitutes unethical publishing behaviour and is unacceptable.

Acknowledgement of Sources

Proper acknowledgment of the work of others must always be given. Authors should cite publications that have been influential in determining the nature of the reported work.

Authorship of the Paper

Authorship should be limited to those who have made a significant contribution to the conception, design, execution, or interpretation of the reported study. All those who have made significant contributions should be listed as co-authors. Where there are others who have participated in certain substantive aspects of the research project, they should be acknowledged or listed as contributors. The corresponding author should ensure that all appropriate co-authors and no inappropriate co-authors are included on the paper, and that all co-authors have seen and approved the final version of the paper and have agreed to its submission for publication.

Disclosure and Conflicts of Interest

All authors should disclose in their manuscript any financial or other substantive conflict of interest that might be construed to influence the results or interpretation of their manuscript. All sources of financial support for the project should be disclosed.

Fundamental errors in published works

When an author discovers a significant error or inaccuracy in his/her own published work, it is the author’s obligation to promptly notify the journal editor or publisher and cooperate with the editor to retract or correct the paper

Journal History

Shafin: Sharia Finance and Accounting Journal published by the Faculty of Economics and Islamic Business of State Islamic Institute of Madura (IAIN Madura). Shafin is published twice a year in March and September, the contents are academic writings on Sharia Finance and Accounting Journal in forms of conceptual ideas, literature review, practical writing, or research results from various perspectives.

Shafin was launched on 08 May 2021, which was organized by the Sharia Accounting Study Program, Faculty of Economics and Islamic Business, Institut Agama Islam Negeri Madura.

Shafin has paid special attention to Islamic accounting and finance. Shafin, which was founded by Reza Mubarak, M.Si who is also the Managing Editor, and is chaired by Ira Hasti Priyadi, M.A. who serves as the In-Chief Editor, continues to publish scientific papers that have been rigorously reviewed.
SHAFIN seeks editorial teams with a strong background in Islamic Economics and Finance, and Islamic Accounting and Finance demonstrated by their institutional affiliations and dedicated contributions to Islamic Accounting and Finance. Additionally, to reflect the geographic diversity, editorial teams hail from a variety of continents and countries.

In February 2021, the journal website upgraded from Open Journal System version to Open Journal System version.

SHAFIN journey since its inception is summarized below:

  • Shafin Journal got a decision letter (SK) of Online ISSN (2797-3484) with No. : 0005.27973484/K.4/SK.ISSN/2021.06 (edition of Vol.1 No.1 Maret, 2021) from Lembaga Ilmu Pengetahuan Indonesia (LIPI) on June 4th, 2021
  • Shafin Journal got a decision letter (SK) of Print ISSN (2797-5320) with No. : 0005.27975320/K.4/SK.ISSN/2021.06 (edition of Vol.1 No.1 Maret, 2021) from Lembaga Ilmu Pengetahuan Indonesia (LIPI) on June 9th, 2021
  • Shafin is indexed by Dimensions on 30th March, 2021
  • Shafin is indexed in Moraref on November 5th, 2021
  • Shafin is indexed by Garuda on November 5th, 2021