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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

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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.
The Potential of Waqf Land In Addressing the Housing Backlog in Indonesia (Contributions, Feasibility, Affordability) Cupian, Cupian; Apriyadi, Pidi; Noven, Sarah Annisa
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 10 No. 1 (2026): Amwaluna: Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v10i1.8568

Abstract

The housing backlog remains a significant challenge in Indonesia, leading to multifaceted issues, including social, economic, and environmental problems. Conventional programs aimed at reducing this backlog have yet to fully address the issue. As an alternative solution, waqf land, an instrument of development in Islamic economics, presents a promising potential to alleviate the housing backlog. This study aims to assess the potential of waqf land to reduce the housing backlog. Under different allocation schemes, the potential waqf land for housing in Indonesia is estimated to be 28.63 million m² under the 5% scheme, 42.95 million m² under the 7.5% scheme, and 57.26 million m² under the 10% scheme. The contribution of waqf land to reducing the housing backlog varies across these schemes, with the highest contribution reaching up to 241.74%. At the national level, the housing model is found to be feasible in aggregate, and the type 21/60 waqf-based housing initiative is affordable under the subsidized scheme across all provinces, while the non-subsidized scheme remains affordable only in several regions.
Determinan Sosio-ekonomi Partisipasi Kerja Muslimah di Indonesia Ratnamaya, Rania Dahayu; Hayati, Amelia; Cupian
Jurnal Ilmiah Ekonomi Islam Vol. 12 No. 1 (2026): Jurnal Ilmiah Ekonomi Islam
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v12i1.19156

Abstract

The Female Labor Force Participation Rate (FLFPR) in Indonesia remains substantially lower than that of males, despite the continuous increase in the Female Net Enrollment Rate. This condition indicates the presence of other factors, such as socio-economic factors that influence women’s decisions, including those of Muslim women, to participate in the labor market. This study utilizes data from the Indonesian Family Life Survey (IFLS) 2007 and 2014 and applies a fixed-effects logistic regression approach. The findings indicate that religiosity does not have a statistically significant effect on Muslim women’s labor force participation, suggesting that religious commitment is not a primary determinant of Muslim women’s employment decisions. In contrast, economic status has a positive and significant effect., higher economic status exhibit a greater probability of participating in the labor market, while those in the lowest economic groups face structural barriers, particularly limited opportunities for human capital development. Married Muslim women tend to have a lower probability of employment due to increased domestic responsibilities. Divorced Muslim women demonstrate a higher likelihood of labor force participation as a response to economic pressure. Meanwhile, widowed Muslim women do not show a significant increase in labor force participation. Control variables such as age and education have a significant effect, whereas place of residence and number of children do not exhibit a statistically significant effect on labor force participation.
Implementasi Pengetahuan Green Economy, Employability Skills, Dan Maqashid Syariah Terhadap Minat Karir Karyawan Yang Dimoderasi Oleh Dukungan Terhadap Sustainable Development Goals Adhisya, Zayda Vindhya; Rustiman, Uus; Cupian; Faisal, Yudi Ahmad
Jurnal Ilmiah Ekonomi Islam Vol. 12 No. 1 (2026): Jurnal Ilmiah Ekonomi Islam
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v12i1.19169

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This study aims to analyze the influence of green economy knowledge, employability skills, and maqashid sharia on employee career interest, with support for the Sustainable Development Goals (SDGs) as a moderating variable. This study used a quantitative approach with a survey method. Respondents were employees of the Wholesale Services Division – Managed Service Quality Operation, PT. Telkom Indonesia. The data analysis technique used Structural Equation Modeling–Partial Least Squares (SEM-PLS). The results showed that green economy knowledge, employability skills, and maqashid sharia did not significantly influence employee career interest. Furthermore, support for the SDGs was also not proven to strengthen the relationship between the independent and dependent variables. These findings suggest that employee career interest in organizations with structured career systems is more influenced by factors other than the knowledge, skills, and values ​​studied. This research is expected to contribute to the development of studies on career interest and sustainability in an organizational context.
Determinants of Zakat, Infaq, and Sadaqah Collection: Study in BAZNAS West Java Firdausi, Naila; Cupian, Cupian
International Journal of Zakat Vol 11 No 1 (2026): International Journal of Zakat
Publisher : Center of Strategic Studies (PUSKAS) BAZNAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37706/ijaz.v11i1.585

Abstract

PurposeThis study examines the determinants of zakat, infaq, and sadaqah (ZIS) collection at BAZNAS West Java Province by analysing internal operational factors and external macroeconomic conditions. Design/Methodology/ApproachA quantitative time series approach is employed using quarterly data from Q1 2017 to Q3 2024. The Autoregressive Distributed Lag (ARDL) model is applied to estimate short-term and long-term relationships between ZIS collection and human resource expenses, zakat socialization expenses, exchange rate, and Gross Regional Domestic Product (GRDP). FindingsThe results reveal that in the short term, human resource expenses, exchange rate, and GRDP have a positive and significant effect on ZIS collection, while zakat socialization expenses are insignificant. In the long term, none of the variables show a statistically significant effect on ZIS collection. Research limitations/implicationsThe study is limited to a single provincial zakat institution with a relatively small number of observations. Future research may expand institutional coverage and incorporate governance, transparency, and behavioural variables. Practical implicationsZakat institutions should prioritize strengthening human resources and partnership-based fundraising strategies to enhance short-term collection performance. Social implicationsImproved ZIS collection supports the role of zakat institutions in poverty alleviation and social welfare. Originality/valueThis study contributes by providing dynamic empirical evidence on ZIS collection determinants at the provincial level using the ARDL approach.
The Effect of Income, Health Level, and Education Levels on the Welfare of Palm Oil Farmers: A Case Study of Riau Province Rahmah, Nadya Aulia; Cupian, Cupian; Amar, Siti Chaerani Djen
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.9007

Abstract

This study aims to analyze the effect of income level, health level, and education level on the welfare of palm oil farmers in Riau Province. The research uses a quantitative descriptive approach. Data were collected through questionnaires distributed to 56 smallholder farmers in Riau Province. The results show that income, health, and education variables significantly affect farmers’ welfare. Higher household income, access to health insurance, and education level substantially improve farmers’ living standards. Therefore, the study emphasizes the importance of government policies to enhance economic, health, and educational access for rural communities.
Co-Authors Adhi Prapaskah Hartadi Adhisya, Zayda Vindhya afifah, najla Ahmad Luqman Hakim Ahmad Luqman Hakim, Ahmad Luqman Ahmadsyah, Ibnu Aisyah, Tia Yulia Alfiah Hasanah Alwan Azis Mustafa Amar, Siti Chaerani Djen 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 Firdausi, Naila 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 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 Rahmah, Nadya Aulia Ramadhani, Muhammad Rizky Ramadhansyah Rayyan Effendy Rani Surya Resiana Ratnamaya, Rania Dahayu Rayyan, Ramadhansyah Resiana, Rani Surya Rianti Sukma Dewi Rina Indiastuti Rustiman, Uus 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 Zaky, Muhammad