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COMPARE OF THE ISLAMIC BANKING SYSTEM AT INDONESIA AND MALAYSIA Yunda, Lola Irma; Rangkuty, Dewi Mahrani; Saputra, Jumadil; Rusiadi, Rusiadi
PROCEEDING OF INTERNATIONAL CONFERENCE ON EDUCATION, SOCIETY AND HUMANITY Vol 2, No 1 (2024): Second International Conference on Education, Society and Humanity
Publisher : PROCEEDING OF INTERNATIONAL CONFERENCE ON EDUCATION, SOCIETY AND HUMANITY

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Abstract

Indonesia and Malaysia play a pivotal role in propelling the advancement of Islamic banking and finance in Southeast Asia. The progress of Islamic banking and finance systems in these two nations serves as a catalyst, encouraging other countries in the region to engage in the development of the Islamic banking and finance industry. This study aims to explore and compare the Islamic banking systems in Indonesia and Malaysia. The research employs a descriptive qualitative approach through a literature review. The institutional frameworks of Islamic banking in Indonesia and Malaysia exhibit numerous similarities, particularly concerning the central bank. The central banks in both countries hold the highest authority in overseeing, guiding, and formulating policies for financial institutions, especially within the Islamic banking sector.
The Crisis of the Agency for Customary Institutions (Keujruen Blang): From the New Order, Reformation to Peace of Aceh Mursyidin, Mursyidin; Saputra, Akmal; Baihaqi, Baihaqi; Saputra, Jumadil; Siregar, Wardah Muharriyanti
Jurnal Ilmiah Peuradeun Vol. 11 No. 1 (2023): Jurnal Ilmiah Peuradeun
Publisher : SCAD Independent

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26811/peuradeun.v11i1.911

Abstract

This article examines why the Keujruen Blang, as a traditional institution, has continued to experience crises since the New Order Reformation to post-peace in Aceh. This study aimed to reveal and provide an overview of how the Acehnese people's local wisdom, or local knowledge, has been experiencing a crisis, particularly a recent issue with paddy field management. This study was conducted in Aceh Jaya and used qualitative research. Observations and direct interviews were conducted with 17 informants. The technique for determining informants used a purposive technique. In addition to the interview, data were collected through a review of the literature and other documents on the crisis agency of local actors (keujruen blang). These related documents and articles were identified, reviewed, and analyzed. The data analysis techniques used was data reduction, data display, and verification. Reproduction of the keujruen blang authority had yet to bring the expected results. Even though laws, government regulations, and Aceh Qanun had been issued, Keujruen Blang still needed to be strengthened. This fact occurred because there were overlapping roles and functions between the customary institution of keujruen blang and the formal P3A institution.
Enhancing digital competence and entrepreneurial orientation in vocational education: Innovations for SMEs in West Java's fashion industry Aryanti, Asti Nur; Suryana, Suryana; Hendrayati, Heny; Furqon, Chairul; Mulyadi, Hari; Christianingrum, Christianingrum; Rahmi, Palupi Permata; Permata, Shintia; Saputra, Jumadil
Jurnal Pendidikan Vokasi Vol. 14 No. 3 (2024): November
Publisher : ADGVI & Graduate School of Universitas Negeri Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/jpv.v14i3.72376

Abstract

The creative economy is vital for Indonesia's economic growth, especially during a global slowdown. It boosts employment and export values, with culinary, crafts, and fashion leading the way. In 2022, fashion, culinary, and crafts had the highest export values. West  Java is a standout province in this industry. The UMKM Juara program aims to expand markets and digitalize MSMEs. Technology and digital tools are reshaping the business landscape, and the creative industry must embrace these advancements to succeed financially. The purpose of this study was to investigate the effect of digital innovation on business success as a mediator between digital entrepreneurship competence and digital entrepreneurship orientation. The methodology employed was descriptive verification with a quantitative approach. Data were collected using questionnaires. The sampling technique employed was non-probability sampling with purposive sampling, yielding a sample of 306 West Java UMKM Juara in the Fashion Subsector. SEM-AMOS was used to analyze the data in this research. The research findings revealed that digital entrepreneurship competence had a direct and positive effect on business success. Likewise, digital entrepreneurship orientation had a positive effect on business success. Digital innovation mediated digital entrepreneurship competence towards business success. However, digital innovation did not mediate digital entrepreneurship orientation on Business Success.  This findings can be used to improve vocational education curricula or strengthen training programs related to developing digital competencies among learners.
Keujreun Blang’s Role in Strengthening Food Security and National Resilience Nellis Mardhiah; Saputra, Jumadil; Zikri Muhammad; Cut Annisa Fitriati; Noka Omalia
Jurnal Lemhannas RI Vol 13 No 2 (2025)
Publisher : Lembaga Ketahanan Nasional Republik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55960/jlri.v13i2.1098

Abstract

Purpose: This research is about how the development of local wisdom (especially Keujruen Blang) has been articulated into ACEH rice farmers’ socio-economic policy to build sustainable food security. The novelty of this study is that it relates the governance function of Keujruen Blang to Astagatra, endowed as national resilience, as a framing approach, which seems neglected in contemporary rural development literature. Study Design/Methodology/Approach: The study adopted a qualitative research design, utilising in-depth interviews, participatory observation, and document analysis to gather data from key stakeholders involved in rice farming and traditional governance. Findings: The results show that Keujruen Blang is not only a customary tool of conflict resolution and agricultural administration but also an important basis for social-cultural capital. The organisation maintains social order, controls group resources, and shows promise as an indigenous institution for locally sustainable policy development. By institutionalising its role within the policy of formal agriculture, the Astagatra in three dimensions (Trigatra) as well as another four pillars (Pancagatra), namely natural resources for Trigatra and law, social culture, economy, and political defence for Pancagatra. Originality/Value: The study confirms practical examples of the way in which local government can mainstream customary institutions into formal policy processes. It presents a participative, situationally sensitive, adaptive mode of governance that is applicable in other jurisdictions that strive for sustainable food security. In this respect, the research in this paper contributed to both academic discourses and policy interventions: it reveals how local cultural-based institutions can be effectively used to strengthen national resilience by integrating Astagatra.
The Role of the Digital Economy in the Development of the Halal Industry and the Sharia Economy in Indonesia: SWOT Analysis Azwar, Azwar; Saputra, Jumadil
JURNAL INDO-ISLAMIKA Vol. 13 No. 1 (2023): JUNE
Publisher : Graduate School of UIN Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/jii.v13i1.32029

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This study aims to analyze the strengths, weaknesses, opportunities, and threats as well as strategies for the role of the digital economy in the halal industry and Sharia economy development in Indonesia. This research is a qualitative descriptive study using literature study and SWOT analysis. The results of the study show that the ultimate strength of Indonesia's digital economy lies in the high growth in the number of Muslims and the growth in digital transactions. However, Indonesia's digital economy is still constrained by the lack of digital economy ability to respond to demand and the market as the main weakness. Meanwhile, the main opportunity lies in good government support. The threat that must be faced is the absence of regulations related to consumer protection in the digital sector. Among the strategic program that can be carried out is increasing digital sharia economic literacy and investment in Indonesia.
Comparison of Agricultural Insurance Premium Prices Based on Rainfall Index and Based on Corn Commodity Production Prediction Index in Grobogan District Rosady, Tiara; Prabowo, Agung; Guswanto, Bambang Herdriya; Saputra, Jumadil
International Journal of Quantitative Research and Modeling Vol. 5 No. 2 (2024)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v5i2.684

Abstract

In running an agricultural business, there is a big risk because farmers' productivity is very dependent on nature, and to reduce the risk of crop failure, the government provides a program to minimize losses from crop failure, namely agricultural insurance, through Law Number 19 of 2013 . This article aims to compare agricultural insurance premium prices based on the rainfall index and the production prediction index for corn commodities in Grobogan Regency. The results of this article are based on the reference used of 3% of compensation, namely IDR 344,872.5, and the results that are close to the reference are the price of insurance premiums based on the 5th simple average method corn production prediction index of IDR 356,433.58 . However, the premium price used as a reference previously was the gross premium price from AUTP, so the insurance premium price for Corn Farmers (AUTJ) was obtained, namely IDR 310,385.25. As a result, we obtained premium price results that were closest to the reference from AUTJ, namely at the 4th percentile, when the agricultural insurance premium price based on the rainfall index was IDR 330,155.76 per planting season.
Portfolio Performance Analysis with Jensen's Alpha Using Single Index Model and CAPM on IDX30 Stocks Wahid, Alim Jaizul; Saputra, Jumadil
International Journal of Quantitative Research and Modeling Vol. 6 No. 2 (2025)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v6i2.1013

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This study aims to evaluate the formation of an optimal stock portfolio using the Capital Asset Pricing Model (CAPM) and Single Index Model (SIM) approaches, and to assess portfolio performance using Jensen's Alpha generated from stocks included in the IDX30 index during the period April 2024 to March 2025. This study uses a quantitative descriptive approach with a population of 30 IDX30 stocks. The methods applied include calculating stock returns and betas, as well as forming an optimal portfolio using the CAPM and SIM formulas. Portfolio performance is then measured by Jensen's Alpha. The results of the study show that based on CAPM, BRIS.JK and EMTK.JK stocks are worthy of being included in the optimal portfolio because they have a positive expected return and Jensen's Alpha that slightly outperforms the market. EMTK.JK also has a lower risk. Meanwhile, based on SIM, only BBCA.JK is included in the optimal portfolio because it meets the criteria for Excess Return to Beta (ERB) > cut-off rate (C^*), and shows a positive Jensen's Alpha. The conclusion of this study is that both models can identify superior performing stocks for the optimal portfolio in the period.
Training on Diversification and Labeling of Honey Products in the Taman Kelulut Ayoh Ku Bee Farming Community Suwartiningsih, Nurul; Irsalinda, Nursyiva; Wahyudi, Rofiul; Saputra, Jumadil; Abd Razak, Shamsul Bahri; Sugiyarto, Sugiyarto
International Journal of Research in Community Services Vol. 5 No. 2 (2024)
Publisher : Research Collaboration Community (Rescollacom)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijrcs.v5i2.558

Abstract

Taman Kelulut Ayoh Ku Bee Farming Community in Pengkalan Gelap, Kuala Setiu, Terengganu, Malaysia, is a group of Trigona sp. honey beekeepers. which faces challenges related to the availability of packaging facilities for kelulut honey. This community service activity is important to provide education and training to improve packaging facilities through diversification and labeling on honey product. The activity was carried out offline on August 8-9th, 2023. The results of the activity showed that the training on diversifying honey product packaging increased the knowledge and skills of 92.5% of participants, while the training on labeling honey product packaging increased the knowledge and skills of 80% of participants. The solutions presented can increase the knowledge and skills of community members, motivate the enthusiasm of farmers, and increase the selling value of honey products produced by the Taman Kelulut Ayoh Ku Bee Farming Community
Application of Fish Waste Processing for Sustainable Livestock Feed Production A Community Engagement Study in Garut Regency Azahra, Astrid Sulistya; Saputra, Jumadil; Saefullah, Rifki
International Journal of Research in Community Services Vol. 5 No. 4 (2024)
Publisher : Research Collaboration Community (Rescollacom)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijrcs.v5i4.714

Abstract

This community engagement study aimed to develop an application for processing fish waste into animal feed based in an incubator system in Garut Regency. The program was conducted from May to November 2023 with the primary objective of transferring technology in waste processing and animal feed production to partner groups. Methods included socialization, technical and non-technical training, and direct mentoring in animal feed pellet production. Results showed a significant improvement in the knowledge and skills of the groups in producing fish waste pellets, reducing feed production costs, and enhancing the sustainability of local livestock businesses. Challenges encountered included initial production limitations and consumer trust in new products. With in-depth scientific approaches and sustained support, the program successfully created positive impacts on the environment and community economic welfare.
Integration of Multi-Gender Roles in Women Farming Groups: Public Administration Policy Analysis in Bener Meriah Regency Mursyidin, Mursyidin; Hafni, Nur; Darmansyah, Dedy; Mardhiah, Ainol; Zulkarnaen, Teuku; Yulianda, Riki; Rizki, Muhammad; Saputra, Jumadil
Journal Public Policy Vol 11, No 2 (2025): April
Publisher : Universitas Teuku Umar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35308/jpp.v11i2.11224

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This study aims to examine the dynamics of multi-gender roles within the Karya Maju Women Farmers Group (KWT) in Bener Meriah Regency, particularly with the management of Gayo coffee cultivation. Despite KWT being administratively overseen by women, this research identified that men's contributions remain substantial in facilitating physical labor, including land cultivation and the transportation of agricultural goods. This study employs a qualitative methodology utilizing in-depth interviews and participant observation to analyze patterns of gender involvement in KWT. The research findings indicate that while men's participation is not formally organized within the KWT framework, their presence illustrates the interdependence between women's managerial positions and men's physical labor. The incorporation of gender roles in KWT could enhance the efficiency and sustainability of agricultural enterprises, although it has not been adequately addressed in current regulations. This research concludes that KWT Karya Maju serves as a forum for women's empowerment and a platform for collaboration between women and men to enhance the welfare of agricultural families. This research advocates for the implementation of more inclusive and adaptable policies to address gender roles in the agricultural sector, hence enhancing organizational effectiveness and the sustainability of coffee production.
Co-Authors A Hadi Arifin Abd Razak, Shamsul Bahri Agapa, M. Fasya Febri Agung Prabowo Agus Santoso Ahmad Dailami, Ahmad Ai Nurhayati Akmal Saputra Ali Syah Putra Aliasuddin Aliasuddin Alimin, Erina Ambiya, Utari Nur Amelisqi, Lusi Bilqis Amin Hou Amiruddin Idris Amni Zarkasyi Rahman, Amni Zarkasyi Andiwi Meifilina, Andiwi Angga, Binanga Anggia Suci Pratiwi Anggita, Sahira Anggraeni, Putri Siti Annur M, Ade Isna Anugerah, Dandi Ariffin, Ku Halim Bin Ku Assidqi, Hasbi Asti Nur Aryanti Astuti, Devi Fitri Ayulita Ramadhani Azahra, Astrid Sulistya Azwar Azwar Badruzaman, Jajang Betty Subartini Brahmantia, Bayu Budi Hendrawan Chairul Furqon, Chairul Chatarina Lilis Suryani Christianingrum Cut Annisa Fitriati Dalimunthe, Doli Muhammad Jafar Darmansyah, Dedy Dede Abdul Hasyir Detrianty, Fitria Rika Dewi Mahrani Rangkuty Dewi Ratnasari Dierayani, Allysa Putri DIRYO SUPARTO Dwi Susanti Dwijaningtyas, Srinata Dwiyati Pujimulyani EKO EDDYA SUPRIYANTO EKO EDDYA SUPRIYANTO Eko Wahyudi, Fendy Erlina Erlina Evi Widowati F, Ayunda Alysa Fahrul Rizal, Fahrul Fairuztama, Rafif Fauzi, Muhamad Hasman Fauziah, Irma Silvia Fauziah, Mustika Fitriyani, Seni D Geubrina, Yulia Ghazali, Puspa Liza Guswanto, Bambang Herdriya H, Yunita Sri Hadiyani, Rahmilia Hafni Zahara Hardi, Irsan Hari Mulyadi, Hari Hendra Raza Heny Hendrayati Herlina Napitupulu Hermawan, Riki Hidayana, Rizki Apriva Idroes, Ghalieb Mutig Inriati, Dhea Intan, Dede Ira Apriyanti Irsalinda, Nursyiva isfenti sadalia Iskandar Muda Islah, Tsani Jamilah Jamilah Josua, Lancelot Julsen Julieta, Salma Kalfin, Kalfin Kardofa, Mochamad Khoeryza, Rima Laksito, Grida Saktian Lugiana, Yuda Madani, Fathi Makia Maraya, Nisrina Salsabila Mardhiah, Ainol Maruf, Cipta Muhammad Maulana, Ar Razy Ridha Maulana, Deni Maulani, Nishfi Rahmah Meida Rachmawati Muhammad Abrar Muhammad Rizki Mujiarto, Mujiarto Murni Daulay Mursyidin Mursyidin NADILA SAVIRA Nadjib, Nadjib Nasib Nazila, Siti Desi Nellis Mardhiah Neni Nuraeni, Neni Nizar P, Ajeng Noka Omalia Noor F, Deng Dewi Novitasari, Aliffiah Novitasari, Ela Nur Elfaz, Zam Zam Nur Hafni Nurazizah, Dina Nurhayat, Firman Arif Nurjaman, Diman Nurkamilah, Milah Nurmala Nurmala Nurohmah Dona, Tiara Gita Nurul Istiqomah, Insya Siti Nuryuniarti, Rissa Palupi Permata Rahmi Permata, Shintia Pirdaus, Dede Irman Pranoto Pranoto Pratama, Muhamad Risky Pratiwi, Denisa Lestari Prawiro, Meivin Mulyo Puteh, Anwar Putra, Fadlan Gunawan Rahmad Syukur Rahman Alfarisi, Rendi Raja Masbar Rico Nur Ilham Ridho, Adil Risma, Neng Robiatul A, Wahda Rosady, Tiara Rusyn, Volodymyr Saefullah, Rifki Sajidah, Febi Zulfa Salqaura, Siti Alhamra Salsabila, Nabila Saparudin, Miftahul Rizki Saputra, Nadia Sari, Risna Purnama Sariartha Sianipar, Aryanti Septiani, Lisma Septiani, Resty Shinta Dewi, Reni Shofiatun Nisa, Wafa Sidiq, Fahmi Simanjuntak, Alberto Sinurat, Mangasi Siregar, Wardah Muharriyanti Siti Maria Ulfa Sofyan Sofyan Sopia, Dea Sri Nita, Sri Sugiyarto Sugiyarto Suharman, Harry Sukono . Sullaida, Sullaida Suriani Suriani Suryana Suryana Suwartiningsih, Nurul Syahirah, Sheila Najla Syahputra Silalahi, Amlys Syntha, Bunga T. Zulham Teuku Zulkarnaen Urrohman, Nida Wahid, Alim Jaizul Wahyuddin Wahyudi, Rofiul Wahyuni, Arni Sri Wan Ridwan Husen, Wan Ridwan Widiartanto Widiartanto Widiawaty, Shindy Cantika Windi Amelia, Windi Wintara, Jane Ayu Wiranatakusuma, Dimas Bagus Yahya, Muhammad Ilham Yohandoko, Setyo Yulianda, Riki Yunda, Lola Irma Yuningsih, Siti Hadiaty Yusril Ihza Mahendra Zikri Muhammad