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Pengaruh Tingkat Suku Bunga, Kurs Mata Uang Dan Inflasi Terhadap Penanaman Modal Asing (Pma) Dalam Perspektif Ekonomi Islam: Studi Pada Negara ASEAN Yang Termasuk Kategori Lower Middle Income Pada Tahun 2015 – 2024 Atmawijaya, Aldi; Pratomo, Dimas; Ermawati, Liya
EKSISBANK (Ekonomi Syariah dan Bisnis Perbankan) Vol 9 No 2 (2025): EKSISBANK (Ekonomi Syariah dan Bisnis Perbankan)
Publisher : STIES INDONESIA PURWAKARTA Dan MES PURWAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37726/j3h69z14

Abstract

Di negara-negara yang pendapatannya masih menengah kebawah umumnya memiliki keterbatasan pembiayaan untuk melakukan pembangunan, industri, pengadaan teknologi maupun sektor lainnya. Oleh karena itu, penanaman modal asing mejadi salah satu alternatif utama untuk menutupi pembiayaan tersebut. Penelitian ini bertujuan untuk mengetahui pengaruh tingkat suku bunga, kurs mata uang dan inflasi terhadap penanaman modal asing dalam perspektif ekonomi islam. Penelitian ini menggunaka metode pendekatan secara kuantitatif yang di analisisnya menggunakan metode data panel, populasi studi mencakup negara yang ada dikawasan Asean yang termasuk kategori pendapatan menengah kebawah pada sebagian besar periode tahun 2015 -2024. Metode sampel yang digunakan adalah sampling jenuh, sedangkan teknik analisis data yang dipergunakan adalah data panel dengan menggunakan perangkat lunak EViews 10. Dengan hasil temuan bahwa tingkat suku bunga dan kurs mata uang secara parsial tidak berpengaruh terhadap penanaman modal asing di Asean, sedangkan inflasi berpengaruh positif signifikan terhadap penanaman modal asing di Asean. Namun variabel Tingkat suku bunga, kurs mata uang dan inflasi secara simultan berpengaruh terhadap penanaman modal asing di Asean. Dalam perspektif Ekonomi Islam, pengelolaan variabel tingkat suku bunga, nilai tukar mata uang, dan inflasi hendaknya dilakukan berdasarkan prinsip-prinsip keadilan, transparansi, dan kemaslahatan. Tingkat suku bunga dalam sistem konvensional dipandang tidak sesuai dengan nilai-nilai syariah karena mengandung unsur riba, yang secara tegas dilarang dalam Al-Qur’an. Oleh karena itu, sistem ekonomi Islam mendorong penerapan skema investasi berbasis bagi hasil sebagai alternatif yang lebih adil dan beretika. Nilai tukar mata uang perlu distabilkan melalui kebijakan moneter yang bebas dari praktik spekulatif dan manipulatif, guna menciptakan kepastian dan kepercayaan dalam aktivitas ekonomi. Sementara itu, inflasi harus dikendalikan agar tidak merugikan masyarakat, khususnya golongan berpendapatan rendah, serta agar daya beli tetap terjaga. Dengan pengelolaan ketiga variabel tersebut yang sesuai dengan prinsip-prinsip syariah, diharapkan iklim investasi yang sehat dan berkelanjutan dapat tercipta di negara-negara yang menerapkan ekonomi Islam.
Analisis Pengaruh Infrastruktur Jalan, Listrik Dan Air Terhadap Produk Domestik Regional Bruto (PDRB) Kota Bandar Lampung Di Tinjau Dari Perspektif Ekonomi Islam Tahun 2011-2024 Salsabila, Afifah Dhafa; Putri, Rosydalina; Ermawati, Liya
EKSISBANK (Ekonomi Syariah dan Bisnis Perbankan) Vol 9 No 2 (2025): EKSISBANK (Ekonomi Syariah dan Bisnis Perbankan)
Publisher : STIES INDONESIA PURWAKARTA Dan MES PURWAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37726/pwe4kh93

Abstract

Infrastructure is a fundamental facility that plays a vital role in supporting the social and economic activities of society. Infrastructure such as roads, electricity, and clean water serves as the main foundation for production, distribution, and consumption activities within a region. The availability of adequate infrastructure is a key factor in enhancing economic efficiency, expanding access to public services, and strengthening regional competitiveness. This study aims to analyze the influence of road, electricity, and water infrastructure on the Gross Regional Domestic Product (GRDP) of Bandar Lampung City for the period 2011–2024 from an Islamic economic perspective. The research employs a quantitative descriptive approach using multiple linear regression analysis (time series), with secondary data obtained from the Central Bureau of Statistics (BPS), PLN, PDAM, and the Public Works Department of Bandar Lampung City. The population in this study consists of road, electricity, and water infrastructure as well as the GRDP of Bandar Lampung City. Thus, the sample analyzed comprises 14 observations from 2011 to 2024. The data were processed and analyzed using EViews 12 software, which includes classical assumption tests (normality, multicollinearity, heteroscedasticity, and autocorrelation) and hypothesis testing (t-test, F-test, and coefficient of determination). The results indicate that simultaneously, the three infrastructure variables have a significant effect on GRDP with an Adjusted R-squared value of 0.807 or 80.7%, meaning that 80.7% of GRDP variation can be explained by road, electricity, and water infrastructure variables, while the remaining 19.3% is influenced by other variables outside the study. Partially, road and electricity infrastructure significantly affect GRDP, while water infrastructure has a positive but insignificant effect. The classical assumption tests show that the data meet the criteria for a good regression model, as all tests indicate normality and the absence of multicollinearity, heteroscedasticity, and autocorrelation. From an Islamic economic perspective, infrastructure development is a mandate of the khalifah (leader) to prosper the earth in accordance with the principles of maslahah (public benefit), justice, and social responsibility. Therefore, equitable and sustainable infrastructure development can promote economic growth and community welfare
ANALYSIS OF INDONESIA'S NATURAL RUBBER COMMODITY EXPORTS TO THE 5 MAIN DESTINATION COUNTRIES FROM AN ISLAMIC ECONOMIC PERSPECTIVE YEAR 2016-2025 Arrohmanza, Arrohmanza; Bahtiar, M. Yusuf; Ermawati, Liya
Ad Deenar: Jurnal Ekonomi dan Bisnis Islam Vol 10 No 01 (2026): Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam
Publisher : Sekolah Tinggi Agama Islam Al Hidayah Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30868/ad.v10i01.9964

Abstract

This study aims to analyze the influence of natural rubber production variables, world rubber prices, and exchange rates (exchange rates) on the value of Indonesia's rubber exports in the 2016-2025 period from an Islamic economic perspective. Indonesia is the world's main producer of rubber, but global price fluctuations and exchange rate instability pose a significant challenge to the welfare of farmers and the country's foreign exchange. The research method used was quantitative with a multiple linear regression model using the EViews 10 software device. The results of the study show that partially, the variables of natural rubber production (X1) and international rubber prices (X2) have a positive and significant effect on the export value (Y). In contrast, the exchange rate variable (X3) did not have a significant influence on the value of rubber exports in that period. Simultaneously, the three independent variables had a significant effect on the export value with the ability to explain the data variation (Adjusted R Square) of 87.8%. From the perspective of Islamic economics, these findings indicate the dominance of the real sector (production) over the monetary sector, which is in line with the principles of maslahah (benefit) and distributive justice for smallholders through a transparent pricing mechanism (thaman al-mithl) without the element of speculation (gharar).