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Analisis Pengaruh Ekspor Halal, Foreign Direct Investment, Trade Openness, Nilai Tukar, Dan Pertumbuhan Populasi Terhadap Produk Domestik Bruto Riil Asean Cupian, Cupian; Noven, Sarah Annisa; Smitasari, Daneswara
Jurnal Ilmiah Ekonomi Islam Vol. 10 No. 3 (2024): JIEI : Vol.10, No.3, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i3.15188

Abstract

This study aims to determine the effect of halal exports, foreign direct investment (FDI), trade opennes, exchange rates and population growth on real gross domestic product in ASEAN countries from 2010 to 2021. Using panel data regression from ASEAN countries; Indonesia, Malaysia, Singapore, Thailand, Brunei Darussalam, Vietnam, Cambodia, Laos, Philippines and Myanmar. The study shows that the halal food export variable to OIC countries has a significant positive effect on real GDP in ASEAN countries, the foreign direct investment (FDI) variable has an insignificant positive effect on real GDP in ASEAN countries, the other variable such as the trade openness, the population variable has a significant positive effect on real GDP in ASEAN countries, menawhile the exchange rate variable has a significant negative effect on real GDP in ASEAN real gross domestic product 2010-2021.
Formulasi Strategi Pemasaran Produk Keagenan Perbankan Syariah (Studi Kasus Bank Syariah Indonesia Regional Jakarta) Cupian, Cupian; Noven, Sarah Annisa; Safina, Safa Nur
Jurnal Ilmiah Ekonomi Islam Vol. 11 No. 02 (2025): JIEI : Vol. 11, No. 02, 2025
Publisher : ITB AAS INDONESIA Surakarta

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Abstract

Sejak resmi diluncurkan di wilayah regional Jakarta pada tahun 2022, produk keagenan Bank Syariah Indonesia yang bernama BSI Smart telah menunjukkan pertumbuhan yang baik dalam jumlah agen. Meskipun demikian, kenyataannya jumlah agen yang telah tersebar masih jauh lebih sedikit dibandingkan dengan produk keagenan bank konvensional. Penelitian ini bertujuan untuk merumuskan strategi pemasaran bagi BSI Smart Bank Syariah Indonesia Regional Jakarta. Penelitian ini menggunakan pendekatan kualitatif dan kuantitatif dengan metode analisis matriks IFE, EFE, IE, SWOT, dan QSPM. Sumber data dalam penelitian ini berasal dari data primer dan sekunder. Metode pengambilan sampel menggunakan teknik purposive sampling, di mana responden yang dipilih terdiri dari pihak Bank Syariah Indonesia, Agen BSI Smart, dan Dosen. Hasil analisis matriks IE menunjukkan bahwa BSI Smart berada pada kuadran 1, yang berarti produk BSI Smart berada dalam posisi pertumbuhan dan perlu dikembangkan. Sementara itu, melalui matriks SWOT, penelitian ini menghasilkan enam strategi alternatif yang kemudian diprioritaskan menggunakan analisis QSPM.
Analisis Determinan Rasio Penyaluran Pembiyaan Konsumsi Dalam Portofolio Bank Syariah Di Indonesia Ari Febriansyah; Cupian
Jurnal Ilmiah Ekonomi Islam Vol. 11 No. 03 (2025): JIEI : Vol. 11, No. 03, 2025
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v11i03.17192

Abstract

This study aims to analyze the determinants of the consumer financing ratio within the financing portfolio of Islamic banks in Indonesia during the period 2014–2024. A quantitative approach is employed using monthly time series data with the Autoregressive Distributed Lag (ARDL) model. The long-term estimation results indicate that the profit-sharing rate and FDR (Financing to Deposit Ratio) have a negative and significant effect on the consumer financing ratio, while total financing has a positive and significant impact, and NPF (Non-Performing Financing) is found to be insignificant. In the short term, it is found that the previous period’s consumption ratio and NPF influence the current ratio, indicating an adjustment effect. Additionally, total financing shows a significant effect on the consumer financing ratio in Islamic banking. This study also finds that the determinants of the consumer financing ratio within the portfolio of Islamic banks in Indonesia exhibit different dynamics across time periods.
Perbandingan Volatilitas Return Saham, Emas dan Cryptocurrency : Peluang dan Tantangan sebagai Aset Halal: Perbandingan Volatilitas Return Saham, Emas dan Cryptocurrency : Peluang dan Tantangan sebagai Aset Halal Noven, Sarah Annisa; Cupian
Jurnal Ilmiah Ekonomi Islam Vol. 11 No. 03 (2025): JIEI : Vol. 11, No. 03, 2025
Publisher : ITB AAS INDONESIA Surakarta

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Abstract

Investment in various financial instrumens such as stocks, gold, and cryptocurrency continues to grow in line with changes in global market conditions. One crucial aspect of investment is understanding return volatility, as high volatility can indicate greater risk for investors. The ARCH/GARCH model has become a widely used method in volatility analysis to capture fluctuations in financial asset prices. This study aims to examine whether the ARCH/GARCH model can explain and predict the return volatility of the Jakarta Islamic Index (JII), gold, and Bitcoin. This research employs a mixed-method approach, where the quantitative method applies the ARCH/GARCH model to analyze the volatility of these three investment instrumens, while the qualitative method involves documentation studies to analyze the opportunities and challenges of cryptocurrency as a halal asset. The findings indicate that the ARCH/GARCH model can explain the return volatility patterns of JII and gold. However, Bitcoin was not included in the ARCH/GARCH modeling. JII exhibits the highest volatility compared to the other two instrumens, whereas gold demonstrates characteristics of a safe-haven asset with lower volatility.
Perbandingan Efektivitas Transmisi Moneter Kredit Perbankan Konvensional dan Syariah di Indonesia serta Hubungannya dengan Pergerakan Suku Bunga Cupian, Cupian; Ahmadsyah, Ibnu; Noven, Sarah Annisa
Jurnal Ilmiah Ekonomi Islam Vol. 11 No. 05 (2025): JIEI : Vol. 11, No. 05, 2025
Publisher : ITB AAS INDONESIA Surakarta

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Abstract

Monetary transmission is aimed to stabilize prices and to increase output in the long run. This study compares the effectiveness of transmission of conventional and Islamic banking loans in Indonesia to the consumer price index (CPI) and industrial production index (IPI), to find out which transmission is more effective and the direction of its influence, and to see the role of credit interest rates or its equivalent to the amount of credit or financing as the most important variable in transmission, to test the authenticity of Islamic banks in relation to interest rates. Secondary data used is sourced from Bank Indonesia, Federal Reserve Economic Data, OJK, BPS, and BIS, by using the quantitative Vector Error Correction Model (VECM) method with the period of January 2009 – December 2017. The results of the study show that the transmission of conventional bank credit is more effective in influencing the monetary end target. Meanwhile, Islamic banks are actually more responsive than conventional banks towards increasing interest rates or their equivalent in the decision to grant financing, so it can be concluded that Islamic banking faces a higher risk of fluctuations in interest rates.
Co-Authors Adhi Prapaskah Hartadi afifah, najla Ahmad Luqman Hakim Ahmad Luqman Hakim, Ahmad Luqman Ahmadsyah, Ibnu Aisyah, Tia Yulia Alfiah Hasanah Alwan Azis Mustafa Amelia Hayati Amelia, Putri Ani Anggraeni Anindya, Anindya Annisa Noven, Sarah Apriliadi, Ardi Apriyadi, Pidi Ardi Apriliadi Ari Febriansyah Arie Febriansyah Asep Mulyana Budi Harsanto Citra Sukmadilaga Danisya Kayla Putri Mayari Delisa, Tisa Dian Masyita Donny Hardiawan Dwita Apriani Effendy, Ramadhansyah Rayyan Esa Kurnia Fadhilah Nur Afifa Fadilla, Fadilla Fakhri Afif Mulyana Farid Fauzy Akbar Fathi, Auliya Febriandani, Deny Febriansyah, Arie Ferdiansyah, Nizar Hardiawan, Donny Hibrizi, Emil Joval Ifghaniyafi Farras Jovan Baihaqi Irwan Putra Kadar Nurjaman Kamila Maraya Harish Kintan Meilasari Kurniawan Saefullah Kurniawan, Fakhry Hafiyyan Laili, Vanny Luthfiah Khairunisa Mardiyah Hanif Meilasari, Kintan Meitry Adinda Melita, Virka Moch. Ihsan Maulana Sa'ban Muasia, Rien Muhammad Fadhlur Rohman Muhammad Fajri Muhammad Fajri Muhammad Zaky Muntashir, Abdul Hakim Nabela Hapsari Naja, Abdul Hakam Nastiti, Hasna Mumtaz Natia Nurfaza Naufal Fiqri Akmal Nisrina Athira Nasution Noven, Sarah Annisa Noven, Sarah Annisa Novriani, Rifka Nugraha, Ilham Nurul Rahmah Kusuma Nurun Najmi Prinary, Verina Araminda Putri, Safira Aryanti Qodrina, Najla Rahadatul, Rahadatul Rahmah Rahmah Ramadhani, Muhammad Rizky Ramadhansyah Rayyan Effendy Rani Surya Resiana Rayyan, Ramadhansyah Resiana, Rani Surya Rianti Sukma Dewi Rina Indiastuti Safina, Safa Nur Salsabila, Zahrah Sania Rizki Maharani Sarah Annisa Noven Sarah Annisa Noven SarasiSarasi, Vita Satya, Adji Dwi Siti Chaerani Djen Amar Smitasari, Daneswara Somadi Sutrisno, Debbie Syifa Rizkia Nurfitriani Syifa, Anisa Ugi Valentino Verina Araminda Prinary Vika Anjani Wa Ode Zusnita Muizu Wulanda, Wulanda Yapanto, Azriel Mohamad Yudi Ahmad Faisal Yudistira Yudistira Yulinda Putri Prativi Yulistyne Kusumaningrum