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Financial Performance Analysis of PT Bank Syariah Indonesia Ramadhan, Al Insani Mutiara; Sudirman, Wahyu Febri Ramadhan; Hidayat, Hidayat
Journal of Financial and Business Vol 1 No 1 (2024)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i1.18

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This research aims to analyze the financial performance of PT Bank Syariah Indonesia (BSI) from 2022 to 2023 through evaluating main financial ratios. The data used includes current ratio, quick ratio, return on assets (ROA), return on equity (ROE), and capital adequacy ratio (CAR). Analysis is carried out to understand changes in bank financial conditions and their implications for stability and operational performance. the analysis results show a significant increase in short-term liquidity with an increase in the current ratio and quick ratio, which reflects better liquidity management. Increasing ROA and ROE indicate increased efficiency in the use of assets and equity to generate profits. In addition, the increase in CAR confirms that BSI has stronger capital reserves to face financial risks. These findings paint a positive picture of BSI's financial health and support investor and stakeholder confidence in the bank's future.
Two Sides: Development of Non-Bank Islamic Financial Institutions in Indonesia Cahyani, Binda Rahma; Arif, Muhammad; Sudirman, Wahyu Febri Ramadhan; Fithriyana, Rinda; Reza, Saru
Journal of Financial and Business Vol 1 No 2 (2025)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i2.29

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This study aims to identify challenges and opportunities in developing Non-Bank Islamic Financial Institutions (LKSNB) in Indonesia. With the increasing public interest in Sharia-based financial services, LKSNB has great potential to become an important pillar in supporting the growth of the sharia economy. The research method used is literature study and descriptive analysis, regarding secondary data from various reports of related institutions and academic literature. The results of the study indicate that the main challenges faced by LKSNB include low sharia financial literacy among the public, regulations that do not fully support the development of LKSNB, and limited human resources who have special competence in the field of sharia finance. On the other hand, great opportunities arise from the growth of the global sharia economy, government support through various policies, and increasing public awareness of the importance of a financial system based on sharia principles.
The Role of Baitul Maal Wat Tamwil (BMT) in Community Economic Empowerment Ramadhan, Al Insani Mutiara; Zaim, Muhammad; Hermawati, Sela; Sudirman, Wahyu Febri Ramadhan; Syaipudin, Muhammad
Journal of Financial and Business Vol 1 No 2 (2025)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i2.30

Abstract

This study aims to examine the role of Baitul Maal wat Tamwil (BMT) in empowering the community's economy, especially in areas with low levels of economic welfare. BMT as a sharia-based microfinance institution has two main functions: a social fund management institution (Baitul Maal) and a commercial financial institution (Baitul Tamwil). This study uses a qualitative approach with a case study method on several BMTs in the research area. Data were collected through in-depth interviews, observations, and documentation, then analyzed using thematic analysis techniques. The study results indicate that BMT has contributed to improving the community's standard of living through micro-business financing, entrepreneurship training, and management of social funds in the form of zakat, infaq, and sedekah. In addition, BMT also plays a role in strengthening the community's social capital by encouraging active participation in community-based economic activities. The obstacles BMT faces in economic empowerment include limited capital, lack of financial literacy in the community, and challenges in maintaining sharia principles amidst competition from conventional financial institutions.
Liquidity Risk Management in Islamic Banks in The Digital Era Andini, Bunga; Rizki, Syafnur Muhammad; Sudirman, Wahyu Febri Ramadhan
Journal of Financial and Business Vol 1 No 2 (2025)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i2.34

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This study discusses liquidity risk management in Islamic banks in the digital era, focusing on strategies implemented to maintain financial stability amidst technological developments. Digital transformation in the banking industry brings opportunities and challenges, including increasing service efficiency and more complex liquidity risks due to changes in transaction patterns and customer preferences. This study uses a quantitative approach with secondary data analysis from Islamic bank financial reports and relevant liquidity indicators. The results of the study indicate that the application of financial technology (fintech) and digital-based risk management strategies can improve the liquidity resilience of Islamic banks. In addition, the optimization of Islamic financial instruments, such as Sukuk and Sharia-based interbank markets, is a key factor in maintaining liquidity balance. Thus, this study provides insight for Islamic banking regulators and practitioners in designing policies that are adaptive to digital changes to strengthen the resilience of the Islamic banking sector.
Firm fundamentals and sectoral heterogeneity in Sharia-compliant stock return volatility: Evidence from Indonesia‎ Fithriyana, Rinda; Irfan, Andi; Sudirman, Wahyu Febri Ramadhan
Journal of Islamic Economics Lariba Vol. 11 No. 2 (2025)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol11.iss2.art12

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IntroductionThe volatility of stock returns in Islamic equity markets is a critical concern for both investors and policymakers. Islamic screening principles restrict excessive leverage and speculative activities, potentially shaping volatility in distinct ways compared to conventional markets. Understanding how firm fundamentals affect volatility within the Indonesia Sharia Stock Index is essential for evaluating the stability and competitiveness of Islamic capital markets.ObjectivesThis study aims to examine whether firm fundamentals, i.e. profitability, liquidity, leverage, size, growth, and asset turnover, systematically influence stock return volatility in Sharia‐compliant firms. It also seeks to identify cross‐sector heterogeneity in these relationships, highlighting whether specific industries are more sensitive to fundamental determinants of volatility.MethodThe research employs a quantitative design using a panel of 200 nonfinancial firms listed in the Indonesia Sharia Stock Index over the 2019–2023 period. Approximately 4,000 firm–quarter observations were analyzed. Volatility was modeled through panel generalized autoregressive conditional heteroskedasticity estimation, while Chow, Wald, and likelihood ratio tests were applied to assess sectoral heterogeneity. The study incorporated firm fundamentals as independent variables with sector‐specific models to capture industry differences.ResultsThe findings reveal that profitability and liquidity significantly reduce stock return volatility, while leverage consistently increases it. Firm size emerges as the most powerful stabilizer, growth contributes to higher volatility, and asset turnover lowers volatility. The magnitude of these effects varies across industries: Energy and Basic Materials show the strongest sensitivity to fundamental shocks, while Utilities and Healthcare display weaker responses. Statistical tests confirm substantial cross‐sector heterogeneity in the relationship between fundamentals and volatility.ImplicationsThe results demonstrate that Islamic screening principles, particularly restrictions on leverage, effectively mitigate excessive risk in Sharia markets. The study reinforces the relevance of Modern Portfolio Theory and Arbitrage Pricing Theory in Islamic settings while emphasizing the need for sector‐sensitive investment strategies. Portfolio managers and regulators may use these insights to refine risk management practices and enhance the resilience of Islamic equity markets.Originality/NoveltyThis study offers a novel application of panel GARCH modeling to explore cross‐sectoral heterogeneity in an Islamic equity universe. It contributes empirical evidence that firm fundamentals significantly and differentially shape volatility across industries, thereby advancing both Islamic finance scholarship and practical portfolio construction in Sharia‐compliant markets.
The Role of Sharia Banking in Building Micro Business in Indonesia Zahara, Alfiatun; Andini, Bunga; Sudirman, Wahyu Febri Ramadhan; Reza, Saru
International Journal Of Education, Social Studies, And Management (IJESSM) Vol. 4 No. 2 (2024): The International Journal of Education, Social Studies, and Management (IJESSM)
Publisher : LPPPIPublishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52121/ijessm.v4i2.258

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This research aims to provide a better understanding of how Sharia banking can contribute to the development of micro-businesses in Indonesia. The research method used is the literature research method or literature review. This method focuses on the analysis and synthesis of written works that are relevant to the research topic being investigated. The results of this research show that Sharia banking has a significant role in building micro businesses in Indonesia. Islamic banking can be an effective partner in helping micro-businesses grow and develop in Indonesia. This article focuses on the role of Islamic banking in building micro businesses in Indonesia. Although the role of Islamic banking in developing micro-businesses is well known, this research provides a better understanding of the real contribution of Islamic banking in forming an ecosystem that supports the growth and sustainability of micro-businesses in Indonesia, as well as highlighting the challenges and obstacles faced by Islamic banking in building micro businesses in Indonesia. Indonesia. This article provides important implications for Sharia banking, government, financial institutions, and society in creating an environment that supports the growth and sustainability of micro-businesses in Indonesia.
The Influence of Human Resource Development, Leadership Style, and Competence on the Performance of the Mediating Role of Service Quality: Study on Junior High and Senior High School Teachers at IT Al Utsaimin Bangkinang) Aryadi, Aryadi; Hidayat, Hidayat; Sudirman, Wahyu Febri Ramadhan
International Journal Of Education, Social Studies, And Management (IJESSM) Vol. 4 No. 3 (2024): The International Journal of Education, Social Studies, and Management (IJESSM)
Publisher : LPPPIPublishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52121/ijessm.v4i3.455

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This study aimed to determine the effect of HR Development, Competence, and Leadership Style on Service Quality and teacher performance at SMP and SMA IT AL Utsmani Bangkinang. A questionnaire is used to collect data in this research. The population in this study were all teachers at SMP and SMA IT AL Utsmanai Bangkinang with 81 teachers. The sample of this study used the census method with PLS 3.0 Structural Equation Modeling (SEM) analysis. The results showed that HR development had a positive and insignificant effect on Service Quality. The results showed that HR development had a positive and insignificant effect on Service Quality, Competence had a positive and significant effect on Service Quality, Leadership Style had a positive and significant effect on Service Quality, and Human Resources Development had a positive and significant effect on performance.
The Effects of Multi-Level Diversity on Team Innovation: The Role of Collaborative Capability Adams, Ravi; Pratiwi, Anggun; Sudirman, Wahyu Febri Ramadhan
Jurnal Manajemen Teori dan Terapan| Journal of Theoretical and Applied Management Vol. 17 No. 1 (2024)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jmtt.v17i1.49207

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Objective: This study examines the effects of surface-level, deep-level, and functional-level diversity on team innovation. This study also examines the moderation effect of the collaborative capability toward diversity and team innovation. Design/methodology/approach – The sample for this research was 175 creative team members who were then integrated into 38 creative teams of radio and television broadcasting institutions. Data collection was done using a survey method. Findings – This study indicates that surface-level and deep-level diversity negatively impact team innovation, while functional-level diversity has a positive. In addition, the study found that collaborative capability has been moderated on surface-level diversity and team innovation. However, collaborative capability does not moderate the effect of deep- and functional-level diversity on the innovation team. Originality/value – This research contributes to the team innovation literature by examining the influence of three characteristics of team diversity consisting of surface level, deep level, and functional comprehensively on team innovation, as well as the moderating role of collaboration capability as a contextual factor. Practical/Policy implication: From a practical perspective, this study has important implications for how practitioners in creative teams overcome surface and deep-level diversity challenges and take advantage of the functional-level diversity of members in creative teams. This research also increases understanding of the value of diversity in the context of team innovation.
Peningkatakan Wawasan Parenting Dalam Mendidik Anak Bagi Masyarat Desa Tawangargo Kabupaten Malang Sasmitandia, Kienna Candra; Suhadak, Faridatus; Izzah, Aqidatul; khasanah, Uswatun; Sudirman, Wahyu Febri Ramadhan; Maziyah, Putri Maslahatul; Saadah , Nila
CARE: Journal Pengabdian Multi Disiplin Vol. 2 No. 1 (2024)
Publisher : Fakultas Agama Islam Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/care.v2i1.16141

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Pelaksanaan pengabdian masyarakat ini bertujuan untuk meningkatkan wawasan parenting dan kepedulian terhadap pendidikan bagi masyarakat di Desa Tawangargo, Kabupaten Malang. Pendekatan partisipatif digunakan dalam pelaksanaan kegiatan, melibatkan peserta dalam  bentuk penyuluhan. Sebelum melaksanakan penyluhan tim pelaksana pengabdian berdiskusi terlebih dahulu dengan tokoh masyarakat di sana untuk menyusun materi yang paling tepat berdasarkan kebutuhan masyarkat yang ada di Desa Tawangargo, sehingga daptlah tema yaitu penigkatan wawasan parenting dan kepedulian terhadap pendidikan di masyarakat Desa Tawangargo. Melalui kegiatan pengabdian masyarakat yang melibatkan partisipasi aktif masyarakat, diharapkan terjadi peningkatan wawasan parenting dan kepedulian terhadap pendidikan. Masyarakat menjadi lebih peduli dengan pentingnya peran orang tua dalam mendidik anak serta urgensi pendidikan dalam meningkatkan kualitas hidup. Peningkatan wawasan parenting dan kepedulian terhadap pendidikan ini memberikan dampak positif dalam hubungan orang tua dan anak, serta membantu meningkatkan keterampilan orang tua dalam mendidik dan mengasuh anak-anak mereka. Selain itu, masyarakat juga menjadi lebih sadar akan pentingnya pendidikan formal dan non-formal dalam mempersiapkan masa depan anak-anak mereka. Hasil pengabdian ini diharapkan dapat memberikan kontribusi dalam meningkatkan kualitas pendidikan dan kesadaran parenting di daerah tersebut, serta menjadi dasar untuk pengembangan kegiatan serupa di daerah lain.
Pelatihan Desain Kemasan Produk yang Menarik Pada PT Mond Nature Lestari Sudirman, Wahyu Febri Ramadhan; Priyatno, Arif Mudi; Lasepa, Wanda; Afrinis, Nur; Rizqi, Eka Roshifita
Journal of Community Service and Empowerment Vol. 1 No. 1 (2024)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jcse.v1i1.23

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Product packaging design training for PT Mond Nature Lestari using Canva aims to improve the design skills of the internal team in creating attractive and professional packaging for moringa leaf-based products, such as moringa floss, moringa chocolate, moringa tea, and moringa coffee. Through this training, participants were introduced to the Canva interface and various design elements, and learned to apply good graphic design principles in packaging creation. The results of the training showed that the updated packaging design not only improved the visual appeal of the product but also supported the company's goals in promoting sustainability and innovation. With the use of Canva, the team was able to create designs quickly and efficiently, saving time and costs, and increasing efforts in responding to market needs. This training also made a significant contribution to increasing the company's competitiveness in the market, strengthening brand identity, and meeting consumer expectations for high-quality products.
Co-Authors Adams, Ravi Afrinis, Nur Alfiatun Zahara Amalia, Fazilla Amalia, Nala AMELIA, NUR Amrina, Dania Hellin Andhini, Bunga Andi Irfan, Andi Andini, Bunga Anggun Pratiwi Anggun Pratiwi Arif Mudi Priyatno Aryadi Aryadi Aryadi Aryadi Berliana Putri Bunga Andhini Cahyani, Binda Rahma Cholidhazia, Putri Despira, Despira Diany Mairiza Eti, Eti Faridatus Suhadak Firmananda, Fahmi Iqbal Firmanda, Fahmi Iqbal Fitriyana, Rinda Hastuty, Milda Hayu Ardina Hermawanti, Sela Hermawati, Sela Hidayat Hidayat Hidayat Hidayat Irmawanti, Irmawanti Izzah, Aqidatul Jati, Putri Zulia Lasepa, Wanda Lismawati, Lismawati M. Halim, M. M. Zaim Maini, Nur Mardiyah, Suci Maretha Ika Prajawati Martini, Aldini Nofta Maziyah, Putri Maslahatul Mifta Hasda Mohd. Winario Muhammad Arif Muhammad Ikhsan Alif Muhammad Syaipudin Muhammad Zakir Muhammad Zakir Nala Amelia Noranisa, Noranisa Nur Afrinis Nuraziza, Sania Nurnasrina Nurnasrina Raden Mohamad Herdian Bhakti Raja Joko Musridho Ramadhan, Al Insani Mutiara Ravi Adams Riani Riani, Riani Rifqil Khairi Rinancy, Hariyet Rinda Fithriyana Riski, Muhamamd Risya Khaerun Nisa Risya Khaerun Nisa Rizki, Syafnur Muhammad Rizky, Syafnur Muhammad Rizqi, Eka Roshifita Rizqon Jamil Farhas Rusnedy, Hidayati Saadah , Nila Sagena, Basir Sari, Efti Novita Saru Reza Sasmitandia, Kienna Candra Siahaan, Nur Halimah Suci Mardiya Suci Mardiyah Supardi Supardi Syafiq, M Rizan Syaipudin, Muhamamd Tanjung, Lailatul Syifa Yuni Siswanti Yusup Yusup Zahara, Alfiatun Zahrah, Alfiatun Zubaidah Assyifa