Claim Missing Document
Check
Articles

Found 14 Documents
Search

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.
Factors Predicting Intention to Give Waqf in Agriculture Sector Mahri, A Jajang. W; Juliana, Juliana; Muhammad, Mumuh; Hardiansyah, Kiki; Rosida, Rida; Oroji, Ahmad Muhammad
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.v7i2.76408

Abstract

Purpose - this study is to analyze the Muslim community’s intention to provide waqf for the agricultural sector using Islamic religiosity variable, variables in the theory of planned behavior and variable of waqf knowledge.Design / Methodology / Approach - this study is survey method with quantitative approach and Partial Least Square-Structural Equation Modeling (PLS-SEM) as analysis tool. This study processes data from the questionnaires distributed to 574 respondents living in various provinces as samples.Findings – the study show that all exogenous variables have a positive effect on endogenous variables, except for Islamic religiosity. Apart from that, the attitude variable is able to mediate the positive influence of the level of Islamic religiosity on intentions to give waqf in the agricultural sector.Practical Implications– This research makes a significant contribution to the literature on productive waqf and can be a reference for stakeholders in developing waqf programs in Indonesia, especially in the agricultural sector which has great potential but has not been utilized optimally.Originality/Value– This research fills a gap in the existing literature by examining waqf intentions in the agricultural sector, an area that has been minimally researched previously. In addition, this research modifies and expands the use of the Theory of Planned Behavior (TPB) by including the waqf knowledge variable to better understand the intentions of the Indonesian Muslim community in providing waqf in the agricultural sector.
Factors Affecting Islamic Bank Financial Performance Muhammad, Mumuh; Sarı, Emre Selçuk; Umarovich, Kholdorov Sardor; Takidah, Erika; Pertiwi, Risa Sari
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.v7i2.75396

Abstract

Purpose – This study aims to investigate the factors affecting financial performance in Islamic banks.Methodology - The quantitative approach is applied in this study with panel data analysis as analysis tool. This study measures the performance of Islamic Banks (IBs) in Türkiye and Indonesia. In total, there are 5 and 11 Islamic banks in Türkiye and Indonesia respectively used in this study, resulting 109 samples to analyze. Findings - The results show that bank size, capital ratio, operating expense ratio and inflation are found to be significant on Return on Avergae Assets (ROAA) positively. However, bank age and loan ratio do not have significant effect on ROAA. It is important to evaluate these factors to improve financial performance of Islamic bank in both countries as big Muslim population.
Zakat Digitalization: Effectiveness of Zakat Management During Covid-19 Pandemic Ninglasari, Sri Yayu; Muhammad, Mumuh
Journal of Islamic Economic Laws Vol 4, No 1: January 2021
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jisel.v4i1.12442

Abstract

This study aims to analyze the role of digitalization in zakat management during the Covid-19 pandemic. Furthermore, it also aims to analyze the strengths, weaknesses, opportunities, and threats of zakat digitization in Indonesia. The method used in this research is a qualitative method with a literature study and a SWOT analysis approach. Literature shows that using digital platforms to collect, manage, and distribute zakat is very useful, especially during the Covid-19 pandemic, because it provides much convenience for its users. However, digital platforms have weaknesses and threats both for zakat institutions and for muzaki and mustahik. To overcome these threats and weaknesses, zakat institutions can make various strategies by utilizing existing strengths and opportunities. This strategy is made so that the collection and distribution of zakat funds can be appropriately optimized and have a tremendous impact on the community’s welfare, especially for the poor who are affected by Covid-19.