p-Index From 2020 - 2025
10.194
P-Index
This Author published in this journals
All Journal El Dinar Media Trend: Berkala Kajian Ekonomi dan Studi Pembangunan Jurnal Mirai Management Al Qalam: Jurnal Ilmiah Keagamaan dan Kemasyarakatan SEIKO : Journal of Management & Business Muqtasid: Jurnal Ekonomi dan Perbankan Syariah JURNAL PENDIDIKAN TAMBUSAI Journal of Humanities and Social Studies JPEK (Jurnal Pendidikan Ekonomi dan Kewirausahaan) Jurnal Review Pendidikan dan Pengajaran (JRPP) Jurnal Sains dan Teknologi Rayah Al Islam : Jurnal Ilmu Islam RESLAJ: RELIGION EDUCATION SOCIAL LAA ROIBA JOURNAL SOSIOEDUKASI : JURNAL ILMIAH ILMU PENDIDIKAN DAN SOSIAL Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) Ekonomi Bisnis Manajemen dan Akuntansi (EBMA) Quantitative Economics and Management Studies AL-FALAH : Journal of Islamic Economics EMBISS: Jurnal Ekonomi, Manajemen, Bisnis, Sosial Journal La Sociale JURNAL MANAJEMEN AKUNTANSI (JUMSI) Movere Journal Jurnal Minfo Polgan (JMP) Islamiconomic: Jurnal Ekonomi Islam el-Buhuth: Borneo Journal of Islamic Studies Al-Tijary : Jurnal Ekonomi dan Bisnis Islam Islam Realitas: Journal of Islamic and Social Studies Journal of Islamic Economics Lariba Innovative: Journal Of Social Science Research JSE: Jurnal Sharia Economica IIJSE VISA: Journal of Vision and Ideas RESLAJ: Religion Education Social Laa Roiba Journal El-Mujtama: Jurnal Pengabdian Masyarakat Jurnal Ilmiah Bisnis dan Ekonomi Asia (Jibeka) ManBiz: Journal of Management and Business Proceeding International Conference on Islamic Economics Community Services Ecobankers : Journal of Economy and Banking As-Syirkah: Islamic Economic & Financial Journal
Claim Missing Document
Check
Articles

Found 6 Documents
Search
Journal : Dinasti International Journal of Economics, Finance

The Economic Independence of Islamic Boarding Schools From the Perspective of KH. Abdullah Syukri Zarkasyi and The Implementation with Ar-Raudlatul Hasanah Islamic Boarding School in Medan Saputra, Jaka; Batubara, Maryam; Arif, Muhammad
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 3 (2024): Dinasti International Journal of Economics, Finance & Accounting (July - August
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i3.2794

Abstract

The objective of this study is to examine the strategies employed by Ar-Raudlatul Hasanah Islamic boarding school in Medan in achieving economic independence and to ascertain the impact of this independence on institutional and community development. Adopting a qualitative research approach, data were gathered through in-depth interviews, observations, and document analysis, in accordance with the perspective of KH. Abdullah Syukri Zarkasyi. The primary findings indicate that Ar-Raudlatul Hasanah Islamic boarding school employs strategies, including the diversification of income sources, the establishment of business units, and the integration of internal and external resources in economic management. These economic independence measures have a positive impact on the development of pesantren facilities and the welfare of teachers and staff, while also facilitating the economic empowerment of the surrounding community through the provision of various entrepreneurship initiatives. However, a number of supporting and inhibiting factors also influence the implementation of these strategies. This study contributes to the existing literature on the economic independence of Islamic boarding schools and provides practical recommendations for other Islamic boarding schools seeking to enhance their economic independence.
Analysis of Sharia Stock Valuation Using The FCFE And Relative Valuation Methods Sector Listed on The Sharia Securities List Hanafi Hamonangan, Muhammad; Nurlaila; Batubara, Maryam
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 3 (2024): Dinasti International Journal of Economics, Finance & Accounting (July - August
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i3.2844

Abstract

The objective of this study is to analyze the intrinsic value of sharia stocks in the property sector listed on the Sharia Securities List (DES), utilizing two distinct valuation methodologies: free cash flow to equity (FCFE) and relative valuation. The stocks selected for analysis include PT Metropolitan Kentjana Tbk (MKPI), PT Mega Manunggal Property Tbk (MMLP), and PT Pollux Properties Indonesia Tbk (POLL). In this study, the free cash flow to equity (FCFE) method was employed to ascertain the intrinsic value of the shares. This was achieved through the consideration of free cash flow, which was subsequently deducted to account for expenses pertaining to working capital and investment. In contrast, the relative valuation method involved the comparison of the intrinsic value of the shares with financial ratios such as the price-to-earnings ratio (PER) and the price-to-book value (PBV). The aforementioned approach was informed by a fundamental analysis, which involved the examination of macroeconomic conditions, industry conditions, and company conditions. The data was obtained from property companies listed on the Indonesia Sharia Stock Index (ISSI) for the period 2019-2022. The results indicated that the intrinsic value of MKPI stock, as determined by the FCFE method, was Rp. 24,134. This value suggests that the stock is overvalued, given that the market price was Rp. 27,200. The PER method yielded the following results: The intrinsic value of the stock is Rp. 59,461, indicating that it is undervalued. The PBV method yields an intrinsic value of IDR 7,515, indicating that the stock is overvalued. The MMLP Shares are valued using the FCFE method, which yields an intrinsic value of IDR 4,857, indicating that the stock is undervalued as the market price is IDR 298. The PER method yields an intrinsic value of IDR 686, indicating that the stock is undervalued. The intrinsic value of the stock is IDR 893, indicating that it is undervalued. The PBV method yields an intrinsic value of IDR 686, also indicating undervaluation. The POLL stock is undervalued according to the FCFE method, with an intrinsic value of IDR 251. This is due to the market price of IDR 147. Finally, the PER method yields an intrinsic value of IDR 109, indicating that the stock is undervalued. The intrinsic value of IDR 109 indicates that the stock is undervalued. The PBV method yields an intrinsic value of IDR 214, which also indicates undervaluation. In conclusion, the FCFE and Relative Valuation methods can be used to determine the fairness of Islamic stock prices in the property sector. The data was obtained from property companies listed on the Indonesia Sharia Stock Index (ISSI) for the period 2019-2022. The results indicated that the intrinsic value of MKPI stock, as determined by the FCFE method, was Rp. 24,134. This value suggests that the stock is overvalued, given that the market price was Rp. 27,200. The PER method yielded the following results:
Implementation of Sukuk as a Solution for Economic Development in North Sumatra Pranoto, Jiko; arif, Muhammad; Batubara, Maryam
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 4 (2024): Dinasti International Journal of Economics, Finance & Accounting (September - O
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i4.3107

Abstract

This research aims to analyze the regulatory system for implementing regional sukuk as a solution for regional economic development in North Sumatra, to analyze the mechanism for implementing regional sukuk as a solution for regional economic development in North Sumatra, and to analyze what factors influence the implementation of regional sukuk as a solution in regional economic development in North Sumatra. The methodology of this research uses a qualitative study approach which emphasizes implementation of regional sukuk (sharia bonds) as a solution for regional economic development in North Sumatra . The data collection techniques used in this research were interviews and documentation. The results of this research are: (1) The regulatory system in implementing regional sukuk as a solution for regional economic development in North Sumatra, including: a) the existence of clear and comprehensive regulations, b) strict supervision, c) sustainability of the regional sukuk program, d) sukuk market development, and e) partnerships. (2) The mechanism for implementing regional sukuk as a solution for regional economic development in North Sumatra can be carried out starting from: a) preparation of regional economic development plans, b) assessment of project feasibility, c) sukuk structure, d) issuance of sukuk, e) use of data sukuk, and f) periodic evaluation and reporting. (3) Factors influencing the implementation of regional sukuk as a solution for regional economic development in North Sumatra can be: a) regulations and policies, b) regional financial capacity, c) availability of investment projects, and d) cooperation between parties.
Determinants Of Service Quality, Convenience And Costs On Satisfaction And Loyalty Communities In Sharia Pawnshops Cluster 1 Medan Syahputra, Zulian; Batubara, Maryam; Ahmadi Bi Rahmani, Nur
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 4 (2024): Dinasti International Journal of Economics, Finance & Accounting (September - O
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i4.3314

Abstract

Using a quantitative methodology, this study analyzes primary data from 10 Pegadaian Syariah AR Hakim Medan customers via questionnaires. Sampling methodology is the method that is used. Subsequently, route analysis and SPSS Version 25 software were used to process and evaluate the gathered data. Tests for instrument validity and reliability, statistical tests (determination test, partial test (t-test), and simultaneous test (f-test), and testing for classical assumptions (data normality, multicollinearity, and heteroscedasticity) were all included in the study. The findings of the study indicate that although mun'ah fees do not significantly affect customer happiness, service quality and convenience do have a beneficial impact on contentment. Customer loyalty is positively impacted by customer pleasure. The significance test findings demonstrate that mun'ah fees have no discernible impact on consumer happiness or loyalty. However, with a 95% trust level and a 5% mistake rate, service quality and convenience have a major impact on client loyalty via satisfaction.
Analysis Of Food Ordering Agreement Through Application Of Online Transportation System In Islamic Economic Overview Fajarillah Sitohang, Sahala; Marliyah, Marliyah; Batubara, Maryam
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 4 (2024): Dinasti International Journal of Economics, Finance & Accounting (September - O
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i4.3343

Abstract

This research analyzes food ordering contracts via online transportation applications from an Islamic economic perspective. It was found that there are various electronic contracts that influence society, including the perception that booking contracts can be considered haram or contain gharar, affecting beliefs and the online transportation ecosystem. This research methodology is descriptive qualitative with primary data sources from interviews and secondary sources from books and papers. Data collection techniques include observation, interviews and documentation. The research results show that in Go-Food services by PT Go-Jek there are ijarah, wakalah, sale and purchase and musyarakah contracts. Ijarah contracts occur in service transactions, wakalah contracts when consumers represent purchases, sale and purchase contracts when drivers buy food, and musyarakah contracts in collaboration between PT Go-Jek and drivers. In addition, analysis of OVO top-up transactions shows that it is compatible with the Sarf contract, although a small number of users still consider it a Qardh contract due to the lack of socialization regarding the type of contract in OVO transactions
The Effect of Return on Asset (ROA) And Current Ratio (CR) on Stock Prices Through Green Accounting As an Intervening Variable In Syariah Stock Companies Listed in Jakarta Islamic Index Period 2019-2023 Ramadhan, Muhammad; Batubara, Maryam; Rahmani, Nur Ahmadi Bi
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 4 (2024): Dinasti International Journal of Economics, Finance & Accounting (September - O
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i4.3379

Abstract

The ability of Islamic stock companies to generate profits, pay obligations and have a high ranking in environmental financing does not necessarily have the highest stock price. Therefore, a study was conducted with the aim of determining the effect of ROA and CR and green accounting on stock prices, to determine the effect of ROA and CR on stock prices through green accounting as an intervening variable in Islamic stock companies listed on JII for the 2019-2023 period. The population was 30 JII constituent companies. The research sample was 65 observations from 13 companies according to the criteria for 5 years of observation. The data analysis technique used panel data regression assisted by Eviews software version 10. The results of the study (1) ROA has a positive and significant effect on Green Accounting (2) CR has a positive but not significant effect on Green Accounting; (3) ROA has a positive and significant effect on Stock Price; (4) CR has a positive and significant effect on Stock Price; (5) Green Accounting has a negative but not significant effect on Stock Price; (6) ROA has a negative but not significant effect on stock prices through green accounting as an intervening variable; (7) ROA has a negative but insignificant effect on stock prices through green accounting as an intervening variable.
Co-Authors Adha, Raju Adlia Yuannisa, Rizka Afifa, Adinda Agnesia, Inge Ahmadi Bi Rahmani, Nur Ahmarani, Putri Aini, Zahratun Al Masri, Anas Zahir Almasri, Anas Zahir Almi, M Fikri Amanda, Reydina Pasya Anantha, Agung Andiyanto, Sakti Andrean, Piter Andri Soemitra Anggraini, Sheila Annisa Khumaira Anshari, Habilla Arianti, Alya Ariska, Ella Arnanda Marpaung, Taufik Ashaari , Taslam Atika Atika Atikah, Rahmi Awaliyah, Annisa Fitri Azizah, Nurwafiq Batubara, Yennika Bi Rahmani, Nur Ahmadi Br Perangin-angin, Siska Dalimunthe, Muhammad Yunus Dinanti, Egicha Putri Wayuling Dini Anggraini, Dini Fajarillah Sitohang, Sahala Fakhri, Muhammad Hafizhan Febrianda, Annisa Fitra, Teguh Haikal Fitri, Desi Elisa Fitri, Heldia Fitri, Mulyana Gaja, Enita Indramayani Hakim, Muhammad Luqman El Hanafi Hamonangan, Muhammad Harahap, Afni Haryanti harahap, siti khodijah Hasibuan, Indra Mualim Hasibuan, Reni Ria Armayani Hayati Harahap, Salwa Hrp, Khairunnisa Aulia Hsb, Rahmad Raja Martua Hutauruk, Mutia Salwa Isnaini Harahap Ivanka, Meitia Jambak, Putri Andriani Juliana Nasution Khair, Ikhwanul Khairani, Devia Astry Khairunnisa Khairunnisa Kurnia, Ahmad Kusnadi, Hafidah Ayu Lidia, Risa Lubis, Aulia Nurrahmah Lubis, Dian Zahra Syahfitri Lubis, Husnul Khotima Lubis, Ilham Habibi Lubis, Muhammad Azizi Akbar Lubis, Riska Amalia M. Ridwan M. Ridwan Malahayati Malahayati Malasyi, Sibral Marliyah, Marliyah Meivi, Sandrina Muhammad Adam, Muhammad Muhammad Arif Muhammad fauzan Muhammad Lathief Ilhamy Nasution Muhammad Muslim, Muhammad Muhammad Ramadhan Muhammad Ridwan muhammad Syahbudi, muhammad Muhammad Syukri Albani Nasution Muhammad Yafiz, Muhammad Munandar, Arief Mutiara Dewi, Mutiara Najiyah, Chindy Jihan Nasution, Fathiya Syahidah Nasution, Hastiani Nasution, Husairi Muhammad Nasution, Inayatul Widad Nasution, Juliana Nasution, Lis Mawarni Nasution, Muhammad Idris Nasution, Najlah Kholilah Nasution, Rizka Nasution, Silvia Zahra Nasution, Trisna Aulia Husna Ningsih, Nur Widya Nst, M.Yazid Mufhty Nst, Mhd Khairul Anhar Nst, Rivaldi Ahmad Nuraisah Nurlaila Nurul Hasanah Nurul Inayah Okta Distira, Muhammad Feri Oktadistira, Muhammad Feri Pasi, Kurnia Utami Pinem, Syukri Aiman Pranoto, Jiko Pratama, M. Aldi PUTRI WAHYUNI Rafiqoh Lubis, Nurul Rahma, Aulia Rahma, Maulida Rahmani, Nur Ahmadi Bi Rahmi Syahriza, Rahmi Ramadhana, Rizki Rambe, Salsabila Ramlan, H. Rangkuti, Laila Rahmayuni Rivai, Andri Romadhoni, Fajri Sabila, Wan Shalah Sabrina, Tri Wina Saharah Piliyang, Riza Sahmiar Pulungan, Sahmiar Samri Juliati Nasution, Yenni Saparuddin Siregar Saputra, Jaka Saputri, Yuliana Saragih, Nadya Zahwani Sari, Windy Adinda sati, Dea sarah Satrya Mutthaqin, Muhammad Siagian, Riza Rasyid Siagian, Salsabilla Siburian, Nelsi Agustina Silviany, Ratih Sirait, Fitri Haraya Sirait, Frida Yanti Siregar, Eva Syahrida Siregar, Safa Maisyarah Sitepu, Fatiya Febina Sitompul, Gandhi Sulaiman Suwitra, Irshadi Fariz Syahputra, Zulian Tambak, Ayub Tanjung, Ahmad Fuadi Taufiq Taufiq Tho’in, Muhammad Tobing, Iqbal Fahri Ujung, Siti Khoiriyah Karina Wati, Patma Wulandini Sagala, Putri Yulia Febrianti Yuni Lubis, Syafrina Yusrizal Yusrizal Zahrina Dharmawan, Annisa Zayanti, Cindy Aulia