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All Journal El Dinar I-ECONOMICS: A Research Journal on Islamic Economics Dinar: Jurnal Ekonomi dan Keuangan Islam SABDAMAS Review of Islamic Economics and Finance Abdi Kami : Jurnal Pengabdian Kepada Masyarakat Management of Zakat and Waqf Journal (MAZAWA)) Jurnal Pustaka Dianmas Veteran Economics, Management & Accounting Review Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah
Faizi, Faizi
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Religion Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Public Health Social Sciences Other

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Sosialisasi dan Edukasi Asuransi Syariah bagi Pengurus Masjid Kementerian/Lembaga dan BUMN Dyah Kusumastuti, Retno; Faizi, Faizi; Surya Kusuma, Airlangga
SABDAMAS Vol 2 No 1 (2023): SABDAMAS
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat Unika Atma Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25170/sabdamas.v2i1.5022

Abstract

Indonesia yang mayoritas penduduknya beragama Islam memiliki potensi yang besar menjadi pusat pengembangan keuangan syariah, termasuk asuransi syariah. Namun, perkembangan asuransi syariah sendiri masih relatif kecil. Salah satu permasalahan yang menghambat perkembangan asuransi syariah adalah rendahnya tingkat literasi keuangan syariah masyarakat. Selain itu, masyarakat juga masih menganggap asuransi syariah sama dengan asuransi konvensional. Oleh karena itu, perlu dilakukan pelatihan untuk meningkatkan pemahaman asuransi syariah di masyarakat. Agar lebih efektif, pelatihan tersebut sebaiknya ditujukan ke pihak-pihak yang memiliki pengaruh di masyarakat, seperti pengurus masjid. Dengan pelatihan tersebut diharapkan pemahaman pengurus masjid terkait asuransi syariah dapat meningkat, dan pengurus masjid dapat meneruskan pengetahuan mengenai asuransi syariah ke masyarakat luas. Untuk melaksanakan pelatihan tersebut, tim pengabdian UPN Veteran Jakarta selanjutnya bekerja sama dengan Forum Silaturrahim Takmir Masjid Kementerian/Lembaga dan BUMN mengadakan sosialisasi asuransi syariah bagi pengurus masjid. Metode kegiatan pengabdian ini menggunakan metode ceramah sebagai metode untuk sosialisasi asuransi syariah, yang selanjutnya dilanjutkan dengan sesi tanya jawab. Ke depannya diharapkan pengurus masjid dapat meneruskan pengetahuan mengenai asuransi syariah kepada masyarakat luas sehingga pemahaman mengenai asuransi syariah di masyarakat juga meningkat.
EXAMINING THE INFLUENCE OF LABOR FORCE PARTICIPATION AND ISLAMIC HUMAN DEVELOPMENT INDEX ON POVERTY: A PANEL DATA REGRESSION ANALYSIS Nurjihan, Nabilah; Faizi, Faizi
I-Economics Vol 10 No 1 (2024): I-ECONOMICS: A Research Journal on Islamic Economics
Publisher : Islamic Economics Program, Faculty of Islamic Economics and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19109/ieconomics.v10i1.21763

Abstract

Despite the continuous increase in the Human Development Index (HDI) in DKI Jakarta, the poverty rate remains fluctuating and even increasing. Labor Force Participation and the Islamic Human Development Index (I-HDI) play crucial roles in poverty alleviation. The objective of this study is to examine the influence of Labor Force Participation and the Islamic Human Development Index on poverty in the six administrative regions of DKI Jakarta for the period 2018-2022. In this study, labor force participation and I-HDI are considered as independent variables, while poverty serves as the dependent variable. The population of interest consists of the six administrative regions in DKI Jakarta for the specified period, and a saturated sampling technique is employed. Panel data regression analysis techniques are utilized to test the secondary data obtained from the Central Bureau of Statistics. The findings reveal that the dependent variable, namely poverty in the six administrative regions of DKI Jakarta, is partially and simultaneously influenced by the independent variables, namely labor force participation and I-HDI. This research contributes to the academic knowledge base, serves as a reference for other researchers, and provides valuable insights to the government and policymakers as foundational considerations in addressing the issue of poverty in the six administrative regions of DKI Jakarta.
SHARIA GOVERNANCE IN ISLAMIC FINANCIAL INSTITUTIONS: A COMPARATIVE REVIEW OF MALAYSIA AND INDONESIA Faizi, Faizi; Bin Shuib, Mohd Sollehudin
EL DINAR: Jurnal Keuangan dan Perbankan Syariah Vol 12, No 1 (2024): El Dinar
Publisher : Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/ed.v12i1.25135

Abstract

As important participants in Sharia governance, Malaysia and Indonesia emphasize the importance of a Sharia supervisory board at the institutional level to ensure compliance with Islamic principles. This study provides a comparative analysis of Sharia governance practices in Indonesia and Malaysia, focusing on the key differences and similarities between the Sharia governance frameworks in Malaysia and Indonesia. The method adopted in this study was document research. This method allows researchers to access a wide range of information and perspectives from various sources such as books, academic journals, government reports, and online databases. The findings reveal that both Malaysia and Indonesia have implemented Sharia governance frameworks in their Islamic financial institutions. However, their structures and regulatory frameworks differ from each other. Malaysia follows a two-tier structure with a comprehensive framework, whereas Indonesia follows a decentralized model with dispersed regulations. Both countries require the establishment of a Sharia committee at the institutional level to ensure compliance with the Sharia principles. Therefore, this comparative analysis enhances the understanding of Sharia governance in Islamic banking and finance, shedding light on the strengths and weaknesses of Malaysia and Indonesia's frameworks
EFISIENSI DIGITALISASI LAYANAN PADA PRODUK ARRUM HAJI PEGADAIAN Cheeryl Angelica; Faizi, Faizi
Veteran Economics, Management, & Accounting Review Vol 2 No 2 (2024)
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59664/vemar.v2i2.7520

Abstract

This research aims to determine the mechanism for financing hajj arrivals through digital pawnshop applications and determine the efficiency of the digitalization implemented. The method and type of research were qualitative and case study. Data collection was carried out using primary sources and data collection techniques of in-depth interviews with informants, observation and documentation. In this research, it was concluded that there are several stages in the Arrum Haji Pegadaian financing mechanism which is carried out through the Pegadaian Digital application. First, register and verify the customer's identity through the Pegadaian Digital application. Then, apply for Arrum Haji financing by fulfilling all the requirements set by Pegadaian. Several factors have been efficient, but there is an obstacle in PT Pegadaian's limited ability to digitalize its services because the process of arrum hajj products involves external parties, so digitalization cannot be involved in its entirety.
DETERMINASI KEPUTUSAN PEMBELIAN MAKANAN HALAL MAHASISWA JABODETABEK DENGAN LABEL HALAL SEBAGAI MEDIATOR Faizi, Faizi; Dewi Amalia Putri
Veteran Economics, Management, & Accounting Review Vol 2 No 1 (2023)
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59664/vemar.v2i1.6228

Abstract

This research aims to analyze the factors that influence purchasing decisions mediated by halal labels when purchasing halal food among students in Jabodetabek. This research took a sample of 160 respondents. This research uses a data collection method with primary data through questionnaires or online surveys with a purposive sampling method. The analysis method in this research uses the Structural Equation Model - Partial Least Square (SEM-PLS). The results of this research show that religiosity, taste, price, location and halal label have an influence on the decision to purchase halal food. Religiosity, taste, price, and location have an influence on purchasing decisions. And religiosity has an influence on purchasing decisions which are mediated by the halal label. Taste, price, and location have no influence on purchasing decisions mediated by the halal label. It is hoped that with this research, students will pay more attention to the halalness of food before buying Keywords: Taste; Price; Purchase Decision; Halal Label; Location; Religiosity   Abstrak Makanan merupakan kebutuhan pokok bagi manusia yang harus didahulukan, karena tubuh kita butuh asupan dan nutrisi yang bagus untuk tubuh. Rumah makan di Jabodetabek terbilang cukup banyak, oleh karena itu perlu memperhatikan kehalalan produk. Untuk menjaga kekhawatiran mahasiswa dalam membeli makanan halal maka perlu adanya pemahaman mengenai label halal pada rumah makan yang menjual produk halal dan haram. Penelitian bertujuan untuk menganalisis factor-faktor yang mempengaruhi keputusan pembelian yang dimediasi oleh label halal pada pembelian makanan halal pada mahasiswa di Jabodetabek. Penelitian ini mengambil sampel sebanyak 160 responden. Penelitian ini menggunakan metode pengumpulan data dengan data primer melalui kuesioner atau online survey dengan metode purposive sampling. Metode analisis pada penelitian ini menggunakan Structural Equation Model – Partial Least Square (SEM-PLS) yang diolah menggunakan aplikasi SmartPLS. Hasil nila r-square adjusted pada penelitian ini yaitu 0,733 atau 73,3% untuk keputusan pembelian dan 0,863 atau 86,3% untuk label halal. Hasil pada penelitian ini yaitu religiusitas, cita rasa, harga, lokasi dan label halal memiliki pengaruh terhadap keputusan pembelian makanan halal. Religiusitas, Cita Rasa, Harga, dan Lokasi memiliki pengaruh terhadap keputusan pembelian. Dan religiusitas memiliki pengaruh terhadap keputusan pembelian yang dimediasi oleh label halal. Cita Rasa, harga dan lokasi tidak memiliki pengaruh terhadap keputusan pembelian yang dimediasi oleh label halal. Diharapkan dengan adanya penelitian ini, agar mahasiswa lebih memperhatikan kehalalan suatu makanan sebelum membeli. Kata kunci: Cita Rasa; Harga; Keputusan Pembelian; Label Halal; Lokasi; Religiusitas
Exploring Halal Certification Literacy Measurement for Micro Small Enterprises (MSEs) Fathoni, Muhammad Anwar; Faizi, Faizi; Suprima, Suprima; Wiryanto, Fadhli Suko; Suryani, Suryani
Review of Islamic Economics and Finance Vol 7, No 2 (2024): Review of Islamic Economics and Finance (RIEF): November 2024
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/rief.v7i2.73607

Abstract

Purpose – The study aims to explores the development of a Halal Certification Literacy Index (HCI) as a novel approach to address challenges faced by Micro and Small Enterprises (MSEs) in obtaining halal certification in Indonesia.Methodology – Employing a qualitative methodology, this research utilizes a comprehensive literature review to construct a conceptual framework for measuring halal certification literacy. The study investigates the current landscape of halal certification, focusing on regulatory frameworks, certification procedures, and the role of government bodies.Findings – The research identifies key challenges such as lack of awareness, financial constraints, and bureaucratic complexities hindering MSEs in obtaining halal certification. The proposed HCI assesses components like knowledge and awareness, procedural readiness, financial capability, human resource competency, and technological adoption.Practical Implications – By introducing the HCI, this study provides a practical tool for policymakers, businesses, and consumers to navigate and enhance the halal certification process. The HCI can facilitate targeted interventions to improve literacy, streamline certification procedures, and support MSEs in meeting halal compliance, ultimately boosting their competitiveness and market access.Originality/Value – This study introduces a novel Halal Certification Literacy Index, which offers a structured approach to measuring and improving halal literacy. The HCI represents an innovative contribution to the field, potentially setting a benchmark for similar indices in other regions and sectors within the halal industry.
SOSIALISASI DAN EDUKASI PEMBIAYAAN MOBIL SYARIAH BAGI PENGURUS MASJID KEMENTERIAN/LEMBAGA DAN BUMN Faizi, Faizi; Kusumastuti, Retno Dyah; Kusuma, Airlangga Surya; Widodo, Purwanto; Levianto, Jubei
ABDI KAMI: Jurnal Pengabdian Kepada Masyarakat Vol 7 No 2 (2024): (Oktober 2024)
Publisher : LPPM Institut Agama Islam (IAI) Ibrahimy Genteng Banyuwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69552/abdi_kami.v7i2.2606

Abstract

Indonesia yang mayoritas penduduknya beragama Islam memiliki potensi yang besar menjadi pusat pengembangan keuangan syariah, termasuk pembiayaan mobil syariah. Namun, perkembangan pembiayaan mobil syariah sendiri masih relatif kecil. Salah satu permasalahan yang menghambat perkembangan pembiayaan mobil syariah adalah rendahnya tingkat literasi keuangan syariah masyarakat. Selain itu, masyarakat juga masih menganggap pembiayaan mobil syariah sama dengan pembiayaan mobil konvensional. Oleh karena itu, perlu dilakukan pelatihan untuk meningkatkan pemahaman pembiayaan mobil syariah di masyarakat. Agar lebih efektif, pelatihan tersebut sebaiknya ditujukan ke pihak-pihak yang memiliki pengaruh di masyarakat, seperti pengurus masjid. Dengan pelatihan tersebut diharapkan pemahaman pengurus masjid terkait pembiayaan mobil syariah dapat meningkat, dan pengurus masjid dapat meneruskan pengetahuan mengenai pembiayaan mobil syariah ke masyarakat luas. Untuk melaksanakan pelatihan tersebut, tim pengabdian UPN Veteran Jakarta selanjutnya bekerja sama dengan Forum Silaturrahim Takmir Masjid Kementerian/Lembaga dan BUMN mengadakan sosialisasi pembiayaan mobil syariah bagi pengurus masjid. Metode kegiatan pengabdian ini menggunakan metode ceramah sebagai metode untuk sosialisasi pembiayaan mobil syariah, yang selanjutnya dilanjutkan dengan sesi tanya jawab. Selanjutnya diharapkan pengurus masjid dapat meneruskan pengetahuan mengenai pembiayaan mobil syariah kepada masyarakat luas sehingga pemahaman mengenai pembiayaan mobil syariah di masyarakat juga meningkat.
Sosialisasi Dan Edukasi Pasar Modal Syariah Bagi Pengurus Masjid Kementerian/Lembaga Dan BUMN Kusuma, Airlangga Surya; Faizi, Faizi; Widodo, Purwanto; Levianto, Jubei
Jurnal Pustaka Dianmas Vol 5, No 1 (2025)
Publisher : Universitas Prof. Dr. Moestopo (Beragama)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32509/dianmas.v5i1.5604

Abstract

Pasar modal syariah di Indonesia masih relatif kecil meskipun Indonesia merupakan negara dengan penduduk mayoritas Muslim. Salah satu permasalahan yang menghambat perkembangan pasar modal syariah adalah rendahnya pemahaman mengenai pasar modal syariah. Oleh karena itu, perlu dilakukan pelatihan untuk meningkatkan pemahaman pasar modal syariah di masyarakat. Agar lebih efektif, pelatihan tersebut sebaiknya ditujukan ke pihak-pihak yang memiliki pengaruh di masyarakat, seperti pengurus masjid. Dengan pelatihan tersebut pemahaman pengurus masjid terkait pasar modal syariah dapat meningkat, dan pengurus masjid dapat meneruskan pemahaman tersebut ke masyarakat luas. Untuk melaksanakan pelatihan tersebut, tim pengabdian UPN Veteran Jakarta selanjutnya bekerja sama dengan Forum Silaturrahim Takmir Masjid Kementerian/Lembaga dan BUMN mengadakan sosialisasi pasar modal syariah bagi pengurus masjid. Metode kegiatan pengabdian ini menggunakan metode ceramah yang selanjutnya dilanjutkan dengan sesi diskusi. Hasil dari kegiatan pelatihan ini adalah pengurus masjid memiliki pemahaman yang lebih baik terhadap pasar modal syariah. Selanjutnya diharapkan pengurus masjid dapat meneruskan pengetahuan mengenai pasar modal syariah kepada masyarakat luas sehingga pemahaman mengenai pasar modal syariah di masyarakat juga meningkat.
The Impact of Macroeconomics on the Performance of the Indonesian Sharia Stock Index: A Comprehensive Analysis Faizi, Faizi; Anggoro, Muhammar Dinda Fahlepi Anggoro
Dinar : Jurnal Ekonomi dan Keuangan Islam Vol 12, No 2: Agustus 2025
Publisher : Universitas Trunojoyo Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21107/dinar.v12i2.26348

Abstract

Unstable fluctuations in the Indonesian Sharia Stock Index (ISSI) are attributed to macroeconomic factors. Previous research has yielded inconsistent results regarding the factors affecting ISSI price changes, primarily focusing on the short to medium-term. This study aims to investigate and evaluate the impact of macroeconomic variables on ISSI prices. The research methodology employed is a descriptive quantitative approach, utilizing secondary data sources. The Error Correction Model (ECM) is used, utilizing quarterly time series data from the 2nd quarter of 2011 to the 4th quarter of 2022. The findings indicate that over an extended period, inflation and gross domestic product are the variables that influence the price of the Indonesian Sharia Stock Index (ISSI). In the short term, only the exchange rate affects the price of ISSI. However, money supply does not have a significant impact on ISSI prices in either the long or short term. The research findings underscore the significant influence of macroeconomic variables on the Indonesian Sharia Stock Index across different time frames. These results offer valuable insights for investors and policymakers by highlighting the complex interplay of factors affecting the stock market. Further analysis of these dynamics can contribute to a more comprehensive understanding of the Indonesian financial market and assist in making well-informed investment decisions. Moreover, exploring the underlying reasons for the observed relationships between macroeconomic variables and ISSI price movements can open opportunities for proactive risk management and strategic investment planning.
Social Media, Economic Constraints, and Humanitarian Values: Drivers of Boycott Behavior Among Young Muslim Consumers in Indonesia Faizi, Faizi; Putri, Indira Fadhilla; Bin Shuib, Mohd Sollehudin
Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah Vol 11, No 2 (2025)
Publisher : Faculty of Economics and Islamic Business, UIN Fatmawati Sukarno Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/aij.v11i2.8236

Abstract

Purpose: This study investigates the influence of social media, economic factors, and humanitarian values on young Muslim consumers’ consumption preferences in Jabodetabek, Indonesia, regarding pro-Israel products amid ongoing boycott campaigns related to the Israel-Palestine conflict.Design/methodology: A quantitative approach was employed to collect data through surveys with 120 students in the Jabodetabek region. The Partial Least Squares (PLS) method was used for data analysis, focusing on variables such as social media exposure, price sensitivity, and ethical considerations.Findings: The results indicate that social media significantly shapes consumption preferences by disseminating information and forming public opinion, with platforms such as Instagram and TikTok playing a pivotal role. Economic factors, particularly price sensitivity and budget constraints, critically affect purchasing behavior, whereas humanitarian values, such as moral solidarity and ethical considerations, strongly motivate boycott participation. Collectively, these factors accounted for 62.8% of the variance in consumption preferences.Practical Implication: Businesses should adopt socially responsible branding and leverage social media to align themselves with consumer values. Policymakers and activists can use these insights to promote ethical consumption and support local alternatives.Originality/Value: This study integrates social media, economic, and humanitarian dimensions to offer a holistic understanding of boycott dynamics in an emerging economy. It bridges gaps in the literature by highlighting the interplay between digital influence, economic practicality, and moral convictions in consumer behavior
Co-Authors Anggoro, Muhammar Dinda Fahlepi Anggoro Bin Shuib, Mohd Sollehudin Cheeryl Angelica Dewi Amalia Putri Dyah Kusumastuti, Retno Fathoni, Muhammad Anwar Kusuma, Airlangga Surya Levianto, Jubei Nur Athifah Lubis, Aisyah Nurjihan, Nabilah Purwanto Widodo Putri, Indira Fadhilla Retno Dyah Kusumastuti, Retno Dyah Suprima Surya Kusuma, Airlangga Suryani Suryani Wiryanto, Fadhli Suko