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PENGARUH HARGA BI RATE, NILAI TUKAR RUPIAH, DAN INFLASI TERHADAP HARGA SAHAM PADA PERUSAHAAN SEKTOR TRANSPORTASI DI BURSA EFEK INDONESIA TAHUN 2020-2022 Jalil, Abdul; Athoillah, Muhammad Hikam; Amaroh, Siti
HEI EMA : Jurnal Riset Hukum, Ekonomi Islam, Ekonomi, Manajemen dan Akuntansi Vol. 2 No. 2 (2023): Juli
Publisher : Prodi Hukum Ekonomi Syariah, STI Syariah AL-Hilal SIgli

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61393/heiema.v2i2.174

Abstract

This study aims to determine the effect of the BI Rate, the rupiah exchange rate and inflation on the share prices of transportation sector companies on the Indonesian Stock Exchange 2020-2022. The approach in this research is quantitative. The data used is secondary data for the period 2020-2022. As for identifying data, use the help of eviews 10 to test panel data, by conducting a t (partial) test, f (simultaneous) test, and R2 test (coefficient of determination). Based on the t test (partial), the f (simultaneous) test Rate has no effect on transportation stock prices. The exchange rate has no effect on the transportation share price. Inflation has an influence on the price of transportation stocks. Based on the F test simultaneously the three variables have an effect on transportation stock prices.
Panel Data Regression on Tax Avoidance: Reviewed from Islamic Corporate Social Responsibility and Financial Ratio Analysis Restuti, Dwi Putri; Cahya, Bayu Tri; Amaroh, Siti
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.v11i2.23340

Abstract

Tax avoidance becomes unique because it is allowed in the sense that it does not violate the law. However, it is undesirable in practice because it affects the country’s revenue. This study experimentally investigates the relationship between Islamic corporate social responsibility, profitability, leverage, inventory intensity, capital intensity, and tax avoidance. This research employs a causal methodology and is quantitative. Only businesses listed on the Indonesian Islamic Stock Index (ISSI) were included in this analysis. The purposive sampling approach was employed to gather a sample of 15 companies for the 2016–2021 research period. Profitability has a negative impact on tax avoidance, leverage has a negative impact on tax avoidance, inventory intensity has a positive and significant impact on tax avoidance, capital intensity has no discernible impact on tax avoidance, and Islamic corporate social responsibility has no discernible impact on tax avoidance.
Price Fluctuations of the Indonesian Sharia Stock Index (ISSI) Influenced by Inflation, FED Rate and BI Rate Nida, Rahma Sofia; Ghassani, Amalina; Amaroh, Siti; Zou, Guijiao
Sharia Oikonomia Law Journal Vol. 1 No. 2 (2023)
Publisher : Yayasan Pendidikan Islam Daarut Thufulah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55849/solj.v1i2.179

Abstract

This research was conducted from the background of fluctuating movements in ISSI prices due to macroeconomic influences, namely inflation and interest rates. Against this background, the purpose of the study is to examine the Indonesian Sharia Stock Index (ISSI) Price for 2018 – 2022 in terms of Inflation, The Fed Rate, and BI Rate. The research method used quantitative with secondary data. Data on Inflation, FED Rate, BI Rate and ISSI Share Price from 2018-2022 are obtained from the official website of related variables. Data is processed with the help of IBM SPSS 26 use multiple linear regression analysis methods. The results of data analysis prove that simultaneously variables of Inflation, FED Rate, and BI Rate significantly affect ISSI Price. The results of the t partially test, give the result that Inflation doesn't significantly affect the ISSI Price. Different results on variable interest rates, significant positive FED Rate and significant negative BI Rate affect the ISSI Price. This can be interpreted that interest rates are still an important reference used by investors for make their decision. The results of this research in the future will hopefully be useful for investors as an additional consideration in deciding to invest in Islamic stocks incorporated in the Indonesian Sharia Stock Index (ISSI).  
Street Vendors and Halal-Thayyib Business Practices: An Ethnographic Study in the Context of Religious Moderation Amaroh, Siti; Husnurrosyidah, Husnurrosyidah
EQUILIBRIUM Vol 12, No 2 (2024): EQUILIBRIUM
Publisher : Prodi Ekonomi Syariah Pascasarjana IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/equilibrium.v12i2.30369

Abstract

This study explores the understanding of street vendors in Kudus Regency regarding the halal-thayyib paradigm and the challenges they face in its implementation. The research was conducted with 11 informants from various areas: City Walk, Alun-Alun Simpang 7, Pasar Kliwon, Museum Kretek, and Bale Jagong. The data analysis technique used ethnographic analysis to describe the societal situation based on the meanings and values embraced. Observations reveal that street vendors encounter various obstacles, including limited sanitation facilities, the use of supplementary materials with uncertain halal status, and a lack of in-depth understanding of the halal concept. Most street vendors prioritize economic profit over adherence to halal principles. Nevertheless, street vendors have demonstrated increased awareness of halal through socialization and education programs. While halal certification appears to be an appealing prospect, they perceive the costs as high and the procedures as complex. The aspect of religious moderation is reflected in the tolerance among individuals of different faiths, where non-Muslim are aware of halal requirements but still require further education. This study suggests empowering street vendors through religious moderation as a solution to enhance their understanding of halal, while also meeting market demands and improving their economic welfare.
Pengaruh Profitabilitas, Ukuran Perusahaan, dan Leverage Terhadap Nilai Perusahaan Manufaktur Fasya, Muhammad Ardian; Bakhtiar, Muhammad Ilham; Amaroh, Siti
JIOSE: Journal of Indonesian Sharia Economics Vol 4 No 1 (2025): Maret 2025
Publisher : Fakultas Syariah dan Ekonomi Islam Institut Pesantren Mathali'ul Falah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35878/jiose.v4i1.808

Abstract

The purpose of this research is to find out the Value of Companies that have been listed on the Indonesia Stock Exchange (IDX) which are affected by Profitability, Sales Distribution, Leverage during the 2020-2022 period. The population in this study are manufacturing companies listed on the IDX in the period 2020-2022. This study used a sample using purposive sampling method so that out of 15 companies, 13 manufacturing companies were found to be able to fulfill the model used as an exploratory test. The SPSS 26 program was used to perform multiple linear regression analysis for this study. The findings show that Firm Value is not significantly affected by Profitability and Leverage. Meanwhile, company size has a significant effect on the share capital structure of manufacturing companies listed on the IDX for the 2020-2022 period.
SOSIALISASI LITERASI KEUANGAN SYARIAH PADA PEREMPUAN PELAKU USAHA KONVEKSI DI SENTRA INDUSTRI PADURENAN KUDUS Amaroh, Siti
Reswara: Jurnal Pengabdian Kepada Masyarakat Vol 4, No 1 (2023)
Publisher : Universitas Dharmawangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46576/rjpkm.v4i1.2334

Abstract

Literasi keuangan berkaitan dengan pengetahuan, sikap, dan perilaku keuangan. Program pengabdian masyarakat ini bersifat kolaboratif dan dilaksanakan dalam rangka memberikan sosialisasi tentang literasi keuangan berbasis syariah. Pendekatan penelitian tindakan partisipatif dilakukan dengan memfasilitasi peserta untuk memahami tentang keuangan syariah. Peserta terdiri dari pelaku usaha konveksi baik pemilik maupun para mitra produksi. Kegiatan sosialisasi menghadirkan fasilitator pertama yang menyampaikan tentang program studi pada perguruan tinggi Islam baik pada keilmuan berbasis agama maupun umum, dan menyampaikan pengelolaan keuangan perspektif Islam. Fasilitator kedua menyampaikan tentang literasi keuangan, literasi keuangan syariah, dan memberikan kuesioner. Para peserta diberikan kuesioner untuk mengetahui tingkat literasi keuangannya. Berdasarkan jawaban pada kuesioner menunjukkan bahwa tujuan keuangan meliputi kebutuhan pokok, biaya pendidikan, dan pengembangan usaha. Peserta tidak memiliki pemahaman yang cukup tentang keuangan syariah sehingga kegiatan ini dinilai memberikan dampak positif
Strategi Manajemen Program Unggulan untuk Meningkatkan Prestasi Santri (Studi Kasus TPQ Ashabul Qur’an Watesnegoro Ngoro Mojokerto) amaroh, siti; Syafa'at, Wahyu; Nazarudin, M Faruq; Hakim, Lukmanul
Al-Muttaqin : Jurnal Studi, Sosial, dan Ekonomi Vol. 6 No. 02 (2025)
Publisher : Sekolah Tinggi Agama Islam Sabilul Muttaqin Mmojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63230/al-muttaqin.v6i02.282

Abstract

This study aims to analyze the management strategies of flagship programs implemented in TPQ Ashabul Qur’an, Watesnegoro, Ngoro, Mojokerto, to improve students' achievements. The main issue addressed is how the management of these flagship programs fosters optimal performance of students in various competitions at village, district, and regency levels. The research employs a qualitative approach with a case study method, involving interviews, observations, and document analysis. The findings reveal that the TPQ's success is supported by flagship programs such as Tahfidz Juz 30, character-based Islamic learning, and diverse extracurricular activities. Effective management strategies include intensive learning monitoring, parent involvement in the learning process, and a supportive religious environment. The implication of this study underscores the importance of strategic planning and value-based Islamic management to enhance the quality of education in TPQ.
Women and Investment Decision in Sharia Instruments: Moderating Effect of Financial Spirituality Orientation Amaroh, Siti; Prasetyoningrum, Ari Kristin; Husain, Husna
Jurnal Ilmiah Peuradeun Vol. 12 No. 2 (2024): Jurnal Ilmiah Peuradeun
Publisher : SCAD Independent

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26811/peuradeun.v12i2.1332

Abstract

This research is based on a gap in authority between men and women in making investment decisions where women are considered less financially literate and less struggling. Therefore, this study examines how financial literacy and trust affect women’s investment decisions in Sharia instruments with financial spirituality orientation as a moderating factor. The sample was selected from 256 women on the northeastern coast of Central Java, Indonesia. Structural Equation Modeling with a Partial Least Square method was used to test the data. The findings showed that the higher the financial literacy, trust, and financial spirituality orientation, the better the decision level in the Sharia investment decisions. The financial spirituality orientation strengthens the influence of financial literacy on Sharia investment decisions. However, financial spiritual orientation cannot intervene in trust in financial institutions. This finding suggests that women consider their spiritual beliefs while making financial decisions, but spirituality cannot nullify trust’s ability to affect Sharia investment choices. The implication is that when gender equality is acknowledged, women can get an education, work, income, and be more financially literate. The role of financial spirituality is in its mission of establishing the life-balances.
Sexual Violence in the Creative Industries: A Minority Local Cultural Perspective Husnurrosyidah, Husnurrosyidah; Irawan, Arya Andi; Kuncoro, Amin; Amaroh, Siti
Journal of Economics and Public Health Vol 4 No 2 (2025): Journal of Economics and Public Health: June 2025
Publisher : Global Health Science Group

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37287/jeph.v4i2.7028

Abstract

This study aims to explain the social meaning of Tongtek artistic practices and identify factors contributing to the normalization of sexual violence against female artists. The research design uses qualitative research with snowball sampling techniques. Informants in this study consist of: 1) art connoisseurs (users); 2) cultural organizers; 3) female artists in Tongtek art. The results of the study indicate that Tongtek artistic practices are local traditions and cultures that have adapted to contemporary cultural conditions. Although they have historical and aesthetic value, these practices also harbor complex problems, especially related to gender and power relations. Factors contributing to the normalization of sexual violence against female artists in this context include: 1) the still-strong patriarchal cultural construction; 2) the unequal power relations between female artists and art connoisseurs; 3) the lack of regulation and legal protection for female artists; and 4) the internalization of cultural norms that consider sexual violence as normal in certain contexts. However, in reality, this phenomenon has not been able to be analyzed and explained so that it becomes one of the local cultures that contributes to the development of culture in modern society. It is hoped that the research findings will provide critical reflection for stakeholders on preserving local culture without compromising the rights and dignity of female artists. Thus, Tongtek art is viewed not only as a cultural heritage but also as a medium for promoting social justice and gender equality in society.
Pengaruh Kinerja Keuangan Terhadap Kepercayaan Investor pada Saham ITMG Periode 2016-2023 Shofi, Zuhaida Risqi Maya; Nisa, Yasinta Khoirun; Amaroh, Siti
Journal of Citizen Research and Development Vol 1, No 1 (2024): Mei 2024
Publisher : CV. Rayyan Dwi Bharata

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57235/jcrd.v1i1.2788

Abstract

Tujuan dari penelitian ini adalah untuk memberikan gambaran singkat kepada para investor saham dan calon investor saham agar dapat mengaplikasikan cara mengkaji hasil kinerja keuangan pada saham ITMG periode 2016 – 2023. Penelitian ini juga ditujukan kepada para investor dan calon investor tentang sikap yang seharusnya diambil ketika membeli saham perusahaan yang didasarkan dengan kasus korupsi pada perusahaan timah. Jenis penelitian ini menggunakan metode kuantitatif dengan teknik purposive sampling dengan sampel penelitian 32 menggunakan metode data sekunder (time series) untuk mendapatkan data dari saham ITMG. Penelitian ini berfokus dalam menelaah kinerja keuangan yang menggunakan perhitungan likuiditas, profitabilitas dan solvabilitas untuk melihat kepercayaan investor yang di dapat melalui indeks harga saham ITMG. Analisis yang digunakan adalah analisis regresi berganda dengan beberapa uji asumsi klasik. Hasil pengujian hipotesis (uji t) menghasilkan bahwa variabel likuiditas berpengaruh signifikan terhadap kepercayaan investor. Variabel solvabilitas berpengaruh signifikan terhadap kepercayaan investor. Variabel profitabilitas berpengaruh signifikan terhadap kepercayaan investor. Sedangkan secara simultan (uji f)ketiga variabel tersebut berpengaruh positif terhadap kepercayaan investor.