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ANALYSIS OF SOLVENCY VARIABLES IN MODERATING THE EFFECT OF MACROECONOMIC VARIABLES ON THIRD PARTY FUNDS (CASE STUDY ON BCA SYARIAH FOR THE 2013-2022 PERIOD) Ainiah, Zumrotul; Bawono, Anton
Jurnal Al-Iqtishad Vol 19, No 1 (2023)
Publisher : Economic and Science Faculty of Islamic State University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24014/jiq.v19i1.22447

Abstract

This research was conducted to analyze solvency ability in moderating the effect of macroeconomic factors on third party funds at BCA Syariah for the 2013-2022 period. This type of research is quantitative research using MRA or Moderated Regression Analysis as an analytical tool. The data used in this study is secondary data with s monthly period time series pattern obtained from financial reports issued by BCA Syariah. This software for data analysis used in this study is Eviews 10. The results obtained are that inflation has no effect on third party funds, the BI Rate has no effect on third party funds, the money supply has a positive and significant effect on third party funds, gross domestic product has no influence on third party funds, solvency can moderate the relationship of currency exchange rates to third party funds, and solvency can moderated the relationship of the joint stock price index to third party funds.
Influence of convenience, trust, and lifestyle on Islamic consumption behavior among millennials: A study on Shopeepay Later users Fitriyani, Arum Teguh; Bawono, Anton
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 1 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.1.19042

Abstract

Technological advancements have transformed cellphones into multifunctional tools, significantly increasing internet usage in Indonesia. This study examines the impact of convenience, trust, and lifestyle on Islamic consumption behavior among millennials using Shopeepay Later. Utilizing a quantitative approach, data was collected via online questionnaires from 50 respondents in Semarang Regency. Multiple regression analysis was employed to evaluate the hypotheses. Findings reveal that lifestyle significantly influences Islamic consumption behavior, while convenience and trust do not have notable individual impacts but do collectively affect behavior. The study underscores the importance of integrating ethical education with financial literacy to foster responsible consumption aligned with Islamic values. These insights contribute to understanding how modern financial practices intersect with traditional ethical frameworks, offering valuable implications for policymakers and financial service providers aiming to promote balanced and ethical consumption practices among millennials.
Analisis Faktor Penentu Profitabilitas Bank Syariah: Studi Literatur wahyudi, Catur; Bawono, Anton; Wijaya, Juli Riyanto Tri
Perbanas Journal of Islamic Economics and Business Vol 5 No 2 (2025): Perbanas Journal of Islamic Economics and Business
Publisher : Institut Keuangan-Perbankan Dan Informatika Asia Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56174/pjieb.v5i2.351

Abstract

This study aims to explore the influence of Good Corporate Governance (GCG), Financing to DepositRatio (FDR), Capital Adequacy Ratio (CAR), Non-Performing Financing (NPF), and Operating Coststo Operating Income (BOPO) on the profitability of Islamic Commercial Banks in Indonesia, using aliterature study approach. The novelty of this study lies in its approach that integrates variousfundamental factors in Islamic banking. Through analysis of various relevant literature sources, thisstudy is expected to provide a deeper understanding of the factors that influence the profitability ofIslamic financial institutions. The results show that the influence of these five variables on profitabilityis inconsistent, with varying impacts from one study to another. For example, the CAR variable wasfound to have a significant impact on profitability in some studies, while others did not show similarresults. On the other hand, GCG showed a significant negative relationship with Islamic bankperformance, especially on the composition of the Sharia Supervisory Board. This finding can bestrengthened by using the Islamic Performance Index (IPI) approach, which not only measuresfinancial performance, but also aspects of sharia compliance, social responsibility, and distributivejustice. Further research is recommended to add variables such as Net Interest Margin (NIM) andyields, especially for Islamic banks listed on the IDX.
The Role of Exchange Rate in Moderating Effect of Sharia Shares, Sharia Mutual Funds, and Foreign Debt on National Economic Growth Rate in 2011-2023 Mukarromah, Indriya Zayinul; Bawono, Anton
El-Qist: Journal of Islamic Economics and Business (JIEB) Vol. 14 No. 1 (2024): April
Publisher : Islamic Economics Department, Faculty of Islamic Economics and Business, Sunan Ampel State Islamic University, Surabaya Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15642/elqist.2024.14.1.48-63

Abstract

This study aims to investigate the moderating role of exchange rates in the relationship between Islamic stocks, Islamic mutual funds, and foreign debt on national economic growth in Indonesia from 2011 to 2023. Utilizing a quantitative approach with Moderated Regression Analysis (MRA), this research employs quarterly time-series data sourced from Indonesia’s Financial Services Authority, Bank Indonesia, and the Central Bureau of Statistics. The findings reveal that the exchange rate has a positive and significant impact on economic growth, while foreign debt exerts a positive yet insignificant effect. Furthermore, the exchange rate significantly moderates the impact of foreign debt on economic growth but fails to moderate the influence of Islamic stocks. Notably, Islamic mutual funds and Islamic stocks were excluded from the final model due to multicollinearity. This research contributes to the international discourse by providing empirical evidence from an emerging Muslim-majority economy, highlighting how currency stability plays a pivotal role in shaping the interaction between external financial instruments and economic growth. The study underscores the importance of exchange rate management in enhancing macroeconomic resilience, particularly within the context of Islamic financial markets in developing countries.
DETERMINANTS OF HALAL MEAT CONSUMPTION AMONG INDONESIAN GENERATION Z MUSLIMS: USING THE EXTENDED THEORY OF PLANNED BEHAVIOR Bawono, Anton; Mustofa, Nur Huri
e-Journal Ekonomi Bisnis dan Akuntansi Vol. 11 No. 2 (2024): e-JEBA Volume 11 Number 2 Year 2024
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/ejeba.v11i2.52308

Abstract

This study aims to examine the factors that influence halal meat consumption intention in generation Z Indonesian Muslims, using the Theory of Planned Behavior. This research is a quantitative study using primary data, obtained through distributing questionnaires. The sample used was 1182 people who belonged to generation Z Muslims, namely the age group with the criteria: born after 1996, aged at least 15 years, had consumed certified halal meat and lived in the territory of Indonesia. This study uses Structural Equation Modeling (SEM-PLS), to test the relationship between variables in the model. The results showed that there are 5 variables that directly affect Halal Meat Consumption Intent (IKDH), namely: attitude (Att), Trust (Kep), Moral Obligation (KM), Subjective Norm (SN), and Perceive Behavioral Control (PBC). Meanwhile, there are 6 interactions that affect indirectly.
Islamic Banking Existence and Domestic Credit: Study at Seven Countries Yuafi, Hamdan; Bawono, Anton
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 9 No. 2 (2017)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v9i2.4906

Abstract

This paper empirically investigates the determinants of domestic credit across a wide range of 7 countries; these are United Kingdom, Malaysia, Egypt, Kuwait, Qatar, Bahrain and Indonesia. We use dynamic panel estimation to examine effects of exchange rate, inflation, lending interest rate, banking crisis and existence of wholesale Islamic banking on domestic credit. We obtain several notable empirical results. First, the lending interest rate, banking crisis negatively and insignificantly contribute to domestic credit. The existence of Islamic bank has positive and insignificant contribution to domestic credit, while exchange rate positively and significantly contributes to domestic credit.  Inflation negatively and significantly contributes to domestic credit. Second, banking crisis and existence of wholesale Islamic banking show insignificant effect on domestic credit. Third, we find that today’s domestic credit is depended on domestic credit in the previous year.DOI: 10.15408/aiq9i2.4906
THE EFFECT OF EXCHANGE RATES, JAKARTA SHARIA INDEX, GOLD PRICES, AND COMPOSITE STOCK PRICE INDEX ON THE NET ASSET VALUE OF SHARIA MUTUAL FUNDS IN INDONESIA WITH INFLATION AS A MODERATION VARIABLE IN THE 2021-2024 PERIOD Purnomo, Andi; Bawono, Anton; Sholikhin, Muhammad
Reinforce: Journal of Sharia Management Vol. 4 No. 2 (2025)
Publisher : Faculty of Islamic Economic and Business (FEBI), Sayyid Ali Rahmatullah State Islamic University (UIN SATU) Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/reinforce.v4i2.11147

Abstract

This research analyses the factors influencing the Net Asset Value (NAV) of Sharia mutual funds in Indonesia, with inflation serving as the moderating variable. The study utilizes secondary data from the Financial Services Authority (OJK), Bank Indonesia (BI), the Indonesia Stock Exchange (BEI), Statistics Indonesia (BPS), academic journals, and other sources for the period of 2021–2024. The data analysis employs Stationarity Tests, Moderated Regression Analysis (MRA), Classical Assumption Tests, and Statistical Tests. The results indicate that the exchange rate has a positive, but insignificant, effect on the NAV of Sharia mutual funds in Indonesia. At the same time, it also has a negative and significant effect on the NAV of Sharia mutual funds in Indonesia. The exchange rate, when moderated by inflation, has a negative and significant effect on the NAV of Sharia mutual funds. Furthermore, the Jakarta Islamic Index (JII), when moderated by inflation, has a positive and significant effect on the NAV of Sharia mutual funds. To obtain the best regression model, it is necessary to exclude a variable due to multicollinearity. These findings are expected to benefit investors and the government in selecting investment factors and formulating policies aligned with public welfare. Furthermore, this research is expected to enrich the literature in Islamic economics.
KONSEP RASIONALITAS KONSUMSI MUSLIM Novika, Aulia; Bawono, Anton
International Journal Mathla’ul Anwar of Halal Issues Vol. 6 No. 1 (2026): Maret
Publisher : Universitas Mathla’ul Anwar Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Era of globalization has reshaped the consumption patterns of Muslim communities. This study aims to examine the rationality of Muslim consumption from the perspective of Islamic economics, particularly through the principle of halalan thayyiban. A qualitative approach was employed, relying on a literature review of recent journals and reports on Islamic economics. The findings indicate that modern Muslim consumers consider not only economic factors but also spiritual, moral, and social values when making consumption decisions. The principle of halalan thayyiban serves as a standard of Islamic rationality, balancing worldly needs with spiritual orientation. Nevertheless, the implementation of this principle faces challenges from consumerist culture, social media influence, and limited access to information within households. Awareness of religious values, nutritional literacy, and social support are crucial for maintaining consistency in Islamic consumption practices. This study recommends adopting a new paradigm for evaluating Muslim consumption rationality that emphasizes welfare, ethical integrity, and spiritual blessing.
Analysis of The Influence of Islamic Income Ratio, Total Comprehensive Income, and NPF on Company Value with Profitability as Moderating Variables in Sharia Commercial Banks in Indonesia 2015-2019 Saidah, Alfi; Bawono, Anton
MALIA: Journal of Islamic Banking and Finance Vol 5, No 1 (2021): Malia: Journal of Islamic Banking and Finance
Publisher : IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/malia.v5i1.9825

Abstract

Economic Value Added is an approach to assessing company performance, with the aim that the company's ability to create added value can influence investors who will invest in the company. The concept used in this approach is to pay attention to the funders in terms of expectations, interests, and degrees of justice as measured by weighted measures and the existing initial capital structure. The population in this study are Islamic Commercial Banks registered with the Financial Services Authority, totaling 11 Islamic Banks. In selecting the sample the method used is purposive sampling with the criteria that the author has set. The collection method in this study was carried out by looking at the annual financial statements of each Islamic bank registered with the Financial Services Authority. Based on the results of the moderation regression test, the results showed that IIR, TCI, NPF had no significant positive effect on EVA. ROA is not able to moderate IIR against EVA. ROA is not able to moderate TCI against EVA. ROA is not able to moderate NPF against EVA.
DETERMINANTS OF HALAL MEAT CONSUMPTION AMONG INDONESIAN GENERATION Z MUSLIMS: USING THE EXTENDED THEORY OF PLANNED BEHAVIOR Bawono, Anton; Mustofa, Nur Huri
e-Journal Ekonomi Bisnis dan Akuntansi Vol. 11 No. 2 (2024): e-JEBA Volume 11 Number 2 Year 2024
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/ejeba.v11i2.52308

Abstract

This study aims to examine the factors that influence halal meat consumption intention in generation Z Indonesian Muslims, using the Theory of Planned Behavior. This research is a quantitative study using primary data, obtained through distributing questionnaires. The sample used was 1182 people who belonged to generation Z Muslims, namely the age group with the criteria: born after 1996, aged at least 15 years, had consumed certified halal meat and lived in the territory of Indonesia. This study uses Structural Equation Modeling (SEM-PLS), to test the relationship between variables in the model. The results showed that there are 5 variables that directly affect Halal Meat Consumption Intent (IKDH), namely: attitude (Att), Trust (Kep), Moral Obligation (KM), Subjective Norm (SN), and Perceive Behavioral Control (PBC). Meanwhile, there are 6 interactions that affect indirectly.