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All Journal ADINDAMAS: Jurnal Pengabdian Kepada Masyarakat Equilibrium: Jurnal Ekonomi Syariah
Kurniaputri, Mega Rachma
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Religion Humanities Economics, Econometrics & Finance Environmental Science

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Exploring Monetary Policy Effectiveness in Indonesia's Inflation: Conventional and Islamic Perspective Wulandari, Neni Sri; Kurniaputri, Mega Rachma; Muhammad, Mumuh
EQUILIBRIUM Vol 11, No 2 (2023): EQUILIBRIUM
Publisher : Prodi Ekonomi Syariah Pascasarjana IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/equilibrium.v11i2.22928

Abstract

This study aims to compare the effectiveness of Islamic and conventional monetary policies in addressing inflation in Indonesia. This research is driven by the lack of comprehensive examination of the effectiveness and nuances of the dual monetary system. Additionally, the dynamics of dual monetary policies become the research gap that needs to be addressed for a more nuanced understanding of Indonesia's monetary landscape. Using the Vector Autoregression/Vector Error Correction Model and analyzing time series data from January 2013 to December 2021, the research reveals that neither sharia nor conventional instruments have immediate effects on inflation. However, specific sharia financial instruments substantially impact inflation dynamics in the long term. The study delves into the intricate relationship between these monetary instruments and inflation, shedding light on their nuanced contributions to the economic landscape. This comprehensive analysis contributes valuable insights for policymakers, economists, and stakeholders seeking a nuanced understanding of the dynamics between monetary policy and inflation in Indonesia.
Pendampingan Periklanan dan Pemasaran Digital Syariah Kepada UMKM Tempe Di Desa Cibatu Purwakarta Jalaludin, Jalaludin; Kurniaputri, Mega Rachma; Herdi, Rahmawati; Imam, Saepul
ADINDAMAS: Jurnal Pengabdian Kepada Masyarakat Vol. 5 No. 1 (2025): ADINDAMAS: Jurnal Pengabdian Kepada Masyarakat
Publisher : STIE Syariah Indonesia Purwakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37726/adindamas.v5i1.1091

Abstract

Based on the observation results, the PKM team found several unique phenomena related to Tempe MSMEs in Cibatu Village, one of which is the largest number of Tempe MSME players in Cibatu Village when compared to other MSME players. The second phenomenon is that the digital marketing used is still very simple, namely using Whatsapp media, not using other social media that are popular today. The third phenomenon, at the business location of Tempe MSME players there are no instructions for tempeh production, and the business location has not been registered on google maps, so many people do not know that the location produces tempeh. The purpose of this PKM is to provide sharia-based digital advertising and marketing assistance to Tempe MSME players in Cibatu Village. The method used in this PKM is to go to the field to make observations, provide solutions to problems, implement the solutions offered, supervise and evaluate Tempe MSMEs in Cibatu Village. Based on the discussion above, it can be concluded that community service on advertising media assistance and sharia digital marketing, Tempe MSME players have understood 87.5% of the importance of banner advertising media to promote their products, 90% of Tempe MSMEs already understand and use whatshapp and Instagram promotional digital media, and the location of Tempe MSMEs has been registered on google maps. The hope is that consumers of Tempe UMKM Cibatu will increase, and profits will also increase, so that Tempe UMKM in Cibatu can help the Cibatu Village community even more through the creation of jobs.
Co-Authors Herdi, Rahmawati Imam, Saepul Jalaludin Jalaludin Mumuh Muhammad Wulandari, Neni Sri