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KAJIAN MODEL SPRINGATE PADA KELOMPOK SAHAM JAKARTA ISLAMIC INDEX PERIODE 2013 – 2017 Anggara, Windu
Al - Muamalat Vol 4 No I (2019): EDISI JANUARI - JUNI 2019
Publisher : IAIN Langsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32505/muamalat.v4i01.953

Abstract

This study aims to find out and analyze the health condition of the company based on the magnitude of the predicted value using financial ratios in the Springate model. The research method used is descriptive analysis method with a quantitative approach. The research population is all companies listed in Jakarta Islamic Index (JII), amounting to 30 companies, using purposive sampling. The analysis technique used is the analysis of financial statements with the Springate model (S-Score) which aims to find out companies that experience financial distress and bankruptcy. The results showed that there were several companies in 2013 and 2014 that experienced bankruptcy, namely 16.67%, then increased to 26.67% in 2016, and the most significant occurred in 2015 and 2017, namely 30.00%.
Economic Stability in Islamic View : Approach to Controlling Inflation Anggara, Windu; Shawab, Nabil; Abd. Majid, M. Shabri; Harahap, Isnaini
International Journal of Science, Technology & Management Vol. 4 No. 5 (2023): September 2023
Publisher : Publisher Cv. Inara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46729/ijstm.v4i5.914

Abstract

Economic stability is the main goal in the Islamic view, in which economic concepts based on ethical values ​​and social justice are prioritized. One of the problems faced in achieving economic stability is inflation which can cause imbalance and instability in the economy. Therefore, this paper discusses the approach put forward from an Islamic perspective to control inflation and achieve sustainable economic stability, through: 1) implementation of a sharia-based monetary system, which prohibits usury (interest) and excessive speculation, 2) currency management, 3) equity in income distribution, 4) encouraging investment in the productive sector and economic infrastructure, and 5) economic supervision and regulation. The narrative of this research is told in accordance with the requirements of the formulation being addressed. It is a descriptive qualitative study with a literature study technique. The findings of this study demonstrate that, from an Islamic perspective, attempts to maintain economic stability and manage inflation are not just commercial endeavors but also an essential component of worship for achieving social welfare and justice. By implementing these approaches, it is hoped that the economy in the Islamic view can achieve sustainable stability and provide long-term benefits for society as a whole.
Systematic Literature Review: The Paradigm Of Developing Nations Oriented Towards Falah Anggara, Windu; Harahap, Isnaini; M. Nawawi, Zuhrinal
International Journal of Science, Technology & Management Vol. 5 No. 1 (2024): January 2024
Publisher : Publisher Cv. Inara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46729/ijstm.v5i1.1037

Abstract

This systematic literature review delves into the emerging paradigm witnessed in developing nations as they shift their development strategies towards the concept of Falah. Rooted in Islamic principles, Falah encapsulates holistic well-being, prosperity, and the fulfillment of societal needs. The review synthesizes diverse scholarly articles, research papers, and academic contributions to explore the theoretical foundations, policy implications, and practical applications of the Falah-oriented development approach across developing nations. Highlighting the experiences of countries such as Malaysia, Indonesia, Pakistan, Bangladesh, and Saudi Arabia, the study underscores the transformative role of Falah in shaping economic development strategies. From the integration of Falah-based economies to the empowerment of Sharia-compliant economic sectors, each nation exhibits a unique approach to realizing this paradigm. The article emphasizes the significance of aligning with Sharia principles, fostering socio-economic well-being, and contributing to sustainable development goals. The findings illuminate the pivotal role of Falah as a catalyst for positive change, offering valuable insights into alternative development paradigms and their potential contributions to holistic well-being and sustainable development in the developing world.
THE CONCEPT AND MEANING OF AL-AMAL WA AL-SANA IN ISLAMIC ECONOMY Amsari, Syahrul; Anggara, Windu; zakiah, zakiah
Proceeding International Seminar of Islamic Studies INSIS 5 (March 2023)
Publisher : Proceeding International Seminar of Islamic Studies

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Abstract

Al-amal wa al-sana is a concept in Islamic economics that refers to the principles of work and productivity in achieving prosperity and social welfare. This concept emphasizes the importance of hard work and productive efforts in meeting the necessities of life and building a prosperous society. The meaning of al-amal wa al-sana in Islamic economics can be analyzed from the point of view of the Qur'an and Sunnah. The Qur'an teaches that humans must work hard and productively to meet their needs and build a just and prosperous society. Sunnah also provides concrete examples of the importance of hard work and productivity in achieving prosperity and well-being. In practice, the concept of al-amal wa al-sana can be implemented in various economic aspects, such as industrial development, trade, agriculture, and other sectors. In Islamic economics, this concept is also related to the principles of justice and equity in the distribution of results and the management of economic resources. However, in its application, the concept of al-amal wa al-sana also needs to pay attention to the current social, cultural and economic context as well as other existing interpretation approaches. Thus, an accurate and relevant understanding of the concept of al-amal wa al-sana in Islamic economics can be produced which can be used as a guide in developing a sustainable and just economy today. and contemporary economics and other existing interpretation approaches. Thus, an accurate and relevant understanding of the concept of al-amal wa al-sana in Islamic economics can be produced which can be used as a guide in developing a sustainable and just economy today. and contemporary economics and other existing interpretation approaches. Thus, an accurate and relevant understanding of the concept of al-amal wa al-sana in Islamic economics can be produced which can be used as a guide in developing a sustainable and just economy today
THE IMPLICATIONS OF USHUL LUGHAWIYAH PRINCIPLES IN UNDERSTANDING THE QUR’AN VERSES ON ECONOMY Anggara, Windu; Amsari, Syahrul
Proceeding International Seminar of Islamic Studies INSIS 5 (March 2023)
Publisher : Proceeding International Seminar of Islamic Studies

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Abstract

This study aims to analyze the implications of applying ushul lughawiyah principles to understanding the verses of the Qur’an about the economy. The research method used is a literature study with a qualitative approach. Data was collected through the analysis of various literature related to ushul lughawiyah principles and verses of the Qur’an about economics. The results of the research show that the application of ushul lughawiyah principles in understanding the verses of the Qur’an about the economy has important implications for understanding the meaning and messages contained in these verses. The ushul lughawiyah rule helps in identifying the meanings contained in the verses of the Qur’an about the economy and explains how these verses can be applied in a modern economic context. Some of the rules of ushul lughawiyah that are relevant in this context include the rules of takrir al-ma’ani, the rules of al-taqsir, the rules of al-istishab, the rules of al-istihsan, and the rules of al-mafhum. Through the application of these principles, important meanings can be identified in the verses of the Qur’an about the economy, such as the importance of investing, avoiding usury, maintaining equality in trade, and doing good in business. In conclusion, the application of ushul lughawiyah rules has important implications for understanding the verses of the Qur’an about the economy. These principles can help identify the meanings contained in these verses and explain how these verses can be applied in a modern economic context. The rules of al-istihsan, and the rules of al-mafhum. Through the application of these principles, important meanings can be identified in the verses of the Qur’an about the economy, such as the importance of investing, avoiding usury, maintaining equality in trade, and doing good in business. In conclusion, the application of ushul lughawiyah rules has important implications in understanding the verses of the Qur’an about the economy. These principles can help identify the meanings contained in these verses and explain how these verses can be applied in a modern economic context. The rules of al-istihsan, and the rules of al-mafhum. Through the application of these principles, important meanings can be identified in the verses of the Qur’an about the economy, such as the importance of investing, avoiding usury, maintaining equality in trade, and doing good in business. In conclusion, the application of ushul lughawiyah rules has important implications in understanding the verses of the Qur’an about the economy. These principles can help identify the meanings contained in these verses and explain how these verses can be applied in a modern economic context. Maintaining equality in trade and doing good in business. In conclusion, the application of ushul lughawiyah rules has important implications for understanding the verses of the Qur’an about the economy. These principles can help identify the meanings contained in these verses and explain how these verses can be applied in a modern economic context. Maintaining equality in trade and doing good in business. In conclusion, the application of ushul lughawiyah rules has important implications for understanding the verses of the Qur’an about the economy. These principles can help identify the meanings contained in these verses and explain how these verses can be applied in a modern economic context.
Shariah-Integrated Early Warning Framework for Financial Distress in Indonesian Islamic Banks Anggara, Windu; Siregar, Saparuddin; K, Kamilah
Jurnal Ilmiah Akuntansi Kesatuan Vol. 13 No. 4 (2025): JIAKES Edisi Agustus 2025
Publisher : Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jiakes.v13i4.3868

Abstract

 Indonesia’s Islamic banking sector has grown rapidly, driven by Shariah-compliant operations, but faces vulnerabilities from complex governance and regulatory demands. Ensuring financial stability requires effective predictive tools tailored to these unique operational and regulatory conditions. This study aims to develop a structural Early Warning System (EWS) to predict financial distress in Islamic banks, integrating macroeconomic indicators, bank-specific performance variables, and a Shariah Compliance Index, with Islamic corporate governance and risk management as mediators. Data from 14 Islamic commercial banks over 2015–2024 were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) via SmartPLS 4. The results show that internal bank factors and Shariah compliance significantly strengthen governance and risk management, which in turn reduces financial distress, while macroeconomic variables have no direct effect. The findings highlight the central role of internal governance and compliance in resilience. The proposed framework provides a unified, Shariah-aligned predictive system, enabling regulators, Shariah Supervisory Boards, and bank executives to implement evidence-based strategies. This study also lays the groundwork for a Shariah-based Financial Distress Index, enhancing the sector’s ability to manage operational and regulatory complexities effectively.