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Cryptocurrency Prospect in the International Market: Pre-sent Value Management and Islamic Perspective Ilham, Rico Nur; Arliansyah, Arliansyah; Juanda, Reza; Sinta, Irada; Ramansyah, Frengki Putra; Multazam, Muhammad
International Journal of Engineering, Science and Information Technology Vol 5, No 1 (2025)
Publisher : Malikussaleh University, Aceh, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52088/ijesty.v5i1.1094

Abstract

Cryptocurrency is an investment commodity that can generate returns and already has a license to trade in exchange.  This study aims to examine the prospects of digital cryptocurrency assets more deeply by summarising the results of literature studies in various countries.  As a result of this study, it is known that many countries whose governments make strict regulations on support for legality and allow cryptocurrency transactions include: European Union members, namely Germany and Italy, and non-member countries of the European Union, such as Gibraltar.  Furthermore, in the Americas, there are Canada and Venezuela.  In East Asia and the Asia Pacific, Australia and Japan support the existence of Cryptocurrency.  Meanwhile, in Southeast Asian countries, there are contradictions between several countries, including Indonesia, Malaysia, Vietnam, and the Philippines, that reject cryptocurrency transactions because they are considered threats to money laundering and the problem of terrorism.  Of course, this is a prospect that cryptocurrency transactions can meet the expectations of all users in the world by making regulations regarding the legality of Cryptocurrency so that the transaction model can be integrated between users, both as an asset and a substitute for international payment currencies.
PENGARUH DANA PERIMBANGAN, PENDAPATAN ASLI DAERAH DAN BELANJA DAERAH TERHADAP KESEJAHTERAAN MASYARAKAT DI PROVINSI ACEH TAHUN 2021-2024 Hastanti Listyaningtyas; Muttaqien Muttaqien; Rico Nur Ilham; Chairil Ahyar
Jurnal Intelek Dan Cendikiawan Nusantara Vol. 2 No. 3 (2025): JUNI-JULI 2025
Publisher : PT. Intelek Cendikiawan Nusantara

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

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Dana Perimbangan (DP), Pendapatan Asli Daerah (PAD), dan Belanja Daerah (BD) terhadap Kesejahteraan Masyarakat yang diukur dengan Indeks Pembangunan Manusia (IPM) di 23 Kabupaten/ Kota Provinsi Aceh selama periode 2021-2024. Menggunakan data panel sekunder dari BPS dan DJPK, penelitian ini menerapkan metode analisis regresi data panel. Hasil pemilihan model melalui Uji Chow, Uji Hausman, dan Uji Lagrange Multiplier menunjukkan bahwa Random Effect Model (REM) adalah model estimasi terbaik. Pengujian asumsi klasik menunjukkan model bebas dari multikolinearitas, autokorelasi, dan heteroskedastisitas, meskipun asumsi normalitas residual tidak terpenuhi. Hasil estimasi REM menunjukkan bahwa Dana Perimbangan berpengaruh positif dan signifikan terhadap IPM. Sebaliknya, Pendapatan Asli Daerah dan Belanja Daerah ditemukan tidak berpengaruh signifikan terhadap IPM di Provinsi Aceh selama periode studi. Secara simultan, ketiga variabel independen mampu menjelaskan sekitar 67.17% variasi IPM (Adjusted R² = 0.671679). Penelitian ini menyimpulkan pentingnya peran Dana Perimbangan dalam meningkatkan kesejahteraan di Aceh dan menyarankan optimalisasi alokasi belanja daerah serta strategi peningkatan PAD yang lebih efektif.
TEACHING THE MEANING OF SHARING TO THE STUDENTS OF MIFTAHUL JANNAH ORPHANAGE IN THE HOLY MONTH OF RAMADAN TO ACHIEVE BLESSINGS AND REWARDS Rico Nur Ilham; Muttaqien; Fuadi; Yunina; Amru Usman; Rusydi Abubakar
International Review of Practical Innovation, Technology and Green Energy (IRPITAGE) Vol. 5 No. 1 (2025): March-June 2025
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/irpitage.v5i1.3318

Abstract

This study aims to explore and understand the method of teaching the meaning of sharing to students at the Miftahul Jannah Orphanage during the month of Ramadan. The study used a qualitative approach with a case study method. Data were collected through observation, interviews, and documentation of sharing activities carried out by students and caregivers. The results of the study showed that the direct experience approach through sharing practice activities was more effective in fostering empathy, sincerity, and social sensitivity. However, there are still obstacles in understanding the meaning of sharing and limited resources. With religious guidance and role models from caregivers, sharing activities can shape the social and spiritual character of students. This study concludes that teaching sharing that is carried out directly, supported by religious practice and guidance, is effective in shaping the social and spiritual character of students, so that this model can be used as a reference for developing similar programs.
THE EFFECT OF GREEN ACCOUNTING, CORPORATE SOCIAL RESPONSIBILITY (CSR), INVESTMENT DECISIONS, PROFITABILITY, AND INTEREST RATES ON STOCK PRICES IN MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE Tasya Handayani; Husaini; Marzuki; Rico Nur Ilham
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 3 No. 4 (2025): April
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i1.237

Abstract

This study aims to examine the Influence of Green Accounting (GA), Corporate Social Responsibility (CSR), Investment Decisions (PER), Profitability (ROE), and Interest Rates (SBI) on Stock Prices in Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX). Research data can be accessed on the official website www.idx.co.id. The sampling method used purposive sampling and obtained a sample of 17 companies for the 2019-2023 period. The data were analyzed using Panel Data Regression with the Eviews 12 application tool. The results of the study found that GA, CSR, PER and SBI did not have a significant effect. While ROE has a positive and significant effect on stock prices.
THE EFFECT OF SALES GROWTH, ASSET GROWTH AND MANAGERIAL OWNERSHIP ON COMPANY PROFITABILITY IN THE PROPERTY AND REAL ESTATE SECTOR LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE PERIOD 2019–2023 Siti Elan Nisa; Rico Nur Ilham; Wahyuddin; Ghazali Syamni
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 3 No. 4 (2025): April
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i1.251

Abstract

The purpose of this study was to determine the effect of sales growth, asset growth, and managerial ownership on company profitability in the property and Real Estate sector listed on the Indonesia Stock Exchange for the period 2019–2023. The data used in this study are secondary data. The population consists of 93 companies, and the sample includes 19 companies selected using purposive sampling, resulting in a total of 95 observations. The data analysis method used is panel data regression. The results show that partially, sales growth has a positive and significant effect on company profitability in the property and Real Estate sector during the 2019–2023 period. Asset growth has a positive but not significant effect on company profitability in the property and Real Estate sector during the 2019–2023 period. Meanwhile, managerial ownership has a positive and significant effect on company profitability in the property and Real Estate sector during the 2019–2023 period.
THE EFFECT OF RISK BASED CAPITAL, CLAIMS EXPENSE AND PREMIUM INCOME ON THE PROFIT OF CONVENTIONAL INSURANCE COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2019-2023. Yuyun Wahyuni; Rico Nur Ilham; Muttaqien; Ristati
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 4 No. 1 (2025): July
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i1.252

Abstract

This study is to examine the effect of Risk Based Capital (RBC), Claim Expense (BK) and premium income (PP) on Profit (ROA) in conventional insurance companies listed on the Indonesia Stock Exchange (IDX) in 2019-2023. The data of this research can be accessed on the official website of www.idx.co.id. The sample in this study is 9 companies. The data analysis tool in this study uses the Data Panel Regression method with the Eviews 12 application tool. The results of the study found that Risk based capital has a negative but significant effect on profit (ROA), Claim expense has a significant positive effect on profit (ROA), Premium income has a negative not significant effect on profit (ROA).
THE EFFECT OF INVESTMENT DECISIONS, PROFITABILITY AND DEBT POLICY ON STOCK PRICES IN START-UP COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE PERIOD 2019-2023 Indah Sari Yusmita; Rico Nur Ilham; Ghazali Syamni; Muttaqien
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 3 No. 4 (2025): April
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v3i4.253

Abstract

This research examines the effect of Investment Decisions (PER), Profitability (ROE) and Debt Policy (DER) on Stock Prices in start-up companies listed on the Indonesia Stock Exchange for the 2019-2023 period. Research data can be accessed on the official website www.idx.co.id. The thesis preparation technique uses purposive sampling so that the sample in this study is 8 companies and has 40 observation data. The data analysis tool in this study uses the Panel Data Regression method with the Eviews 12 application tool with the Random Effect Model. The results of the study found that Investment Decisions (PER) have a positive and significant effect on stock prices. Profitability (ROE) has a positive and significant effect on stock prices. Debt policy (DER) has a negative but not significant effect on stock prices. Simultaneously, Investment Decision (PER), Profitability (ROE) and Debt Policy (DER) have a positive and significant effect on stock prices.
THE EFFECT OF PRICE EARNING RATIO, DIVIDEND POLICY AND FUNDING DECISIONS ON COMPANY VALUE IN THE PROPERTY AND REAL ESTATE SECTOR LISTED ON THE IDX Widya Hartanti; Rico Nur Ilham; Nurlela; Chairil Akhyar
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 4 No. 1 (2025): July
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i1.254

Abstract

The purpose of this study is to determine the effect of price earning ratio, dividend policy, and funding decisions on company value in the property and real estate sector listed on the Indonesia Stock Exchange. This study uses a quantitative research type. The population is 93 companies, after purposive sampling technique, 10 companies were obtained with an observation year range from 2019 - 2023, so that there are 50 observation data. The method used in this study is panel data regression analysis. As dependent variables in this study, price earning ratio, dividend policy, funding decisions and company value as independent variables. The results of this study are that partially the price earning ratio and funding decisions have a positive and significant effect on company value, dividend policy has a positive but not significant effect on company value in the property and real estate sector listed on the Indonesia Stock Exchange (IDX).
BASIC INVESTMENT TRAINING IN THE CAPITAL MARKET FOR UMKM AND RESIDENTS OF HAGU BARAT LAUT VILLAGE Muhammad Multazam; Rico Nur Ilham; Ayu Anora; Muttaqien; Rahmiatul Aula; Ismuhadi; Utaminingsih, Eka
International Review of Practical Innovation, Technology and Green Energy (IRPITAGE) Vol. 5 No. 2 (2025): July-October 2025
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/irpitage.v5i2.3484

Abstract

Low financial literacy and access to investment information among MSMEs and rural communities are challenges in realizing financial inclusion in Indonesia. This study aims to evaluate the effectiveness of basic investment training in improving capital market literacy for MSMEs and residents of Gampong Hagu Barat Laut. The method used is a descriptive quantitative approach with a one-group pretest-posttest design, involving 45 participants. The results of the analysis showed a significant increase in investment literacy scores from an average of 42.6 to 73.1 (p <0.001), covering aspects of knowledge, attitudes, and understanding of risk. The conclusion of this study shows that community-based training is effective in improving investment literacy, and needs to be replicated in other areas as a local-based financial inclusion strategy.
UTILIZATION OF PLASTIC WASTE INTO ECONOMICALLY VALUABLE HANDICRAFTS T.Edyansyah; Rico Nur Ilham; Amru Usman; Khairil Anwar; Em Yusuf Iis
International Review of Practical Innovation, Technology and Green Energy (IRPITAGE) Vol. 5 No. 2 (2025): July-October 2025
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/irpitage.v5i2.3893

Abstract

This training activity on utilizing plastic waste into economically valuable handicraft products is a science and technology application program that can provide solutions to the main problems faced by Partners. Waste that is managed properly will improve the quality of the environment and public health. Recycling plastic waste itself helps the government in managing waste, especially if the management is carried out professionally and commercially, so that it becomes a profitable business. The use of plastic in various types of products is unstoppable. This certainly has an impact on polluting the environment because plastic waste will take a very long time to naturally replenish. In order to reduce plastic waste, we took the initiative to process plastic bottle waste into functional and aesthetic lamp tables. Experimental methods are applied to training programs and trials to make various derivative products made from plastic waste. The solutions offered to the problems faced include providing training in managing used plastic bottle waste into imitation flowers, and providing motivation to Partners that their products will be marketed by considering aspects such as shape, size, function, and color. The results of the program are recognized that plastic waste combined with pipes, sponges, and boxes, by paying attention to design aspects, becomes a selling point for various functional products. The product is expected to be sold so that it can increase the productivity and financial independence of Partners and can reduce the burden of TPA in accommodating plastic waste. The real and practical sustainability of our activities is expected to strengthen the ties between the world of educational institutions and the community.
Co-Authors A Hadi Arifin AA Sudharmawan, AA Abbas, Damanhur Abdul Rahman Maulana Siregar Adisty Azia Riska Adnan Adnan Adnan Afifah Nurjannah Afrida Dinarintasitepu Afriliana, Lusi Agnes Yulanda, Alya Ahgniya Putra Ahmad Fauzul Hakim Hasibuan Ahmad, Shabir Ainna Mahrum Nasution Akhyar, Chairil Aldy Syafrizal Alfaiza Alisa, Alisa Alistraja Dison Silalahi Alya Maulisa Am. Riyadi Amelia Amelia Amelia Amelia Sari Br.S . Pane, Lola Amlys Syahputra Silalahi Amru Usman Amru Usman Amsal Simanjuntak Ananta, Raisya Andriansyah Andriansyah Anggi Setia Ningsih Anggraini Syahputri Anggraini Syahputri Anissa, Farah Anita, Leli Arjuna Putra, Bambang Arliansyah Arliansyah Arliansyah, Arliansyah Armanu Thoyib Armanu Thoyib Artunov Nofal Arya Permana Ginting Asep Mulyana Asif Bashir Asif Bashir Asmaul Husna Authar ND, Muhammad Ayu Anora Azhar Badnatul Nafis Bambang Arjuna Putra Bela Puspita Putri Adelia Boy Sland Lase Bustani, Bustani Chairil Ahyar Chairil Akhyar Chairil Akhyar Chalirafi Chalirafi, Chalirafi Charunnisa, Zihan Chetty Tristantia Tarigan Cut Afra Humaira Cut Muftia Keumala Cut Rozana Sari Cut Zahrani Cut Zira Maulida D, Damanhur Damanhur, Damanhur Damanik, Sri Winda Hardiyanti Darmawati Darmawati Muchtar Darmayanti, Mita Debi Eka Putri Desy Nurul Mawaddah Dewi, Nolla Puspita Dina Salsabila Dinda Putri Salsabila Eka Astria Eka Nurmala Sari Eka Purnama Sari Eka Purnama Sari, Eka Purnama ekamaida, ekamaida EM Yusuf Iis Epi Safira Erlina Erlina Erlina Erlina Erna Isfayani Etia Farianti F, Falahuddin F, Fuadi Fadhillah, Indah Fadilla Putri Siregar Fadli Fadli Fahmi Hilfandi, Muhammad Faisal Faisal Falahuddin Falahuddin Falahuddin Falahuddin Falahuddin, Falahuddin Farica Yusrina Lubis Fauzi Pakpahan Fauzul Hakim Hasibuan, Ahmad Fawati Hushuwar Batubara Febricha Sirma Chania Feinberg, Bob Ferian Fikri Akbar, Muhammad Fitri Randini Fransiska Aulia, Egha Frengki Putra Ramansyah Frengki Putra Ramansyah Fuadi Fuadi Fuadi Fuadi Fuadi G. Maffett, Mark Geovani, Iwoeng Ghazali Syamni Ghazali Syamni Hafiz Raza Ali Hamdiah Hamdiah Hamdiah Hamdiah Harjum Muharam Harley Agustian Harry Kurniawan Hasatiru Auwa Hastanti Listyaningtyas Haykal, Muhammad Heikal, Mohd. Hendra A Hendra Harmain Hendra Raza Hendrick Sasimtan Putra Henry Aspan Heri Sandi Herman Fithra Hery Widijanto Hotma Nababan Husaini Husaini Husaini Ichsan Ichsan Ida Ayu Putu Sri Widnyani Idayanti, Lisa Ikhyanuddin Iklil Ikram Ikramuddin, Ikramuddin Imannisa, Anggya Sophia Indah Fadhillah Indah Sari Yusmita Intan Eliana Putri Irada Sinta Irawati, Nisrul Irshad Ahmad Reshi Irvan Irvan Isfenti Sadalia Isfenti Sadalia isfenti sadalia Isfenti Sadalia Isma Putri Agustina Ismuhadi Ismuhadi Isniati Berasa JAYANTI, SUCI ETRI Jufridar Jufridar Jufridar, Jufridar Juliana Ariska Juliyanti Jullimursyida Julyanthry Julyanthry Jumadil Saputra Jumadil Saputra Jummaini Juni Ahyar Juni Ahyar Kayacilar, Cengiz Khaidir Khaidir, Khaidir Khairah Amalia Fachrudin Khairawati Khairawati, Khairawati Khairil Anwar Khairil Anwar Kiki Farida Ferine Kumala Sari, Dewi L, Lilinesia Lala Merlita Lasta Irawan, Ari Laxmi Jamatia , Purna Lidya Beru Tarigan Likdanawati Lilinesia Lilinesia Liper Siregar Lisa Nurmaya, Cut Lusi Afriliana M, Mawardati M, Munandar M. Fajri Hidayatullah M. Nur, Mukhlis M. siddiq M. Subhan M.Subhan Maisyura Maisyura Maisyura Majied Sumatrani Saragih, Maulana Mangasi Sinurat Mangasi Sinurat Mangasi Sinurat Mangasi Sinurat Marbawi, Marbawi Mariani Sinurat, Yenni Mariyana BR Manik Mariyudi Mariyudi Marzuki Marzuki Marzuki Marzuki Marzuki Maulana Iqbal Maulana Majied Sumatrani Saragih Maulana Majied Sumatrani Saragih Maulana Majied Sumatrani Saragih Mauliza Amanda Mawaddah Maya Rahayu Merlita, Lala Mhd. Ihwanuddin Hasibuan Mhd. Ihwanuddin Hasibuan Mhd. Ihwanuddin Hasibuan Mhd.Ihwanuddin Hasibuan Mhd.Ihwanuddin Hasibuan Mia Claudia Milanie, Feby Mira Agustina Mity Risky Mohd Heikal Mohd. Heikal Mohd. Heikal Muammar Khadafi Muammar Khaddafi Muchtar, Darmawati Muchtar Muhamad Sidiq Abdillah Muhammad Fikri Akbar Muhammad Multazam Muhammad Roni Muhammad Roni Muliani Munandar Munandar Munandar Murni Daulay Muti Miftahul Jannah Muttaqien Muttaqien Muttaqien Muttaqien Muttaqien Muttaqien, Muttaqien Nada Fitria Nadia Hasely Nadia Rizky Ramadhani Nadia Shalaty Naffal Rifki Naila Salsabila Kusayuningrum Najia Naseer Ahmad Bhat Naseha Elkarima Nasution, Mutiah Nazaina, Nazaina Nazli Hasan Nazli Hasan Nelly Ervina Nisrul Irawati Novita Aulia Lubis Nur Azizah Nur Faliza Nurainun Nurfazila Nurhasanah Nurhasanah Nurkhotijah, Siti Nurlaila Nurlela Nurrzai, Aziz Nurul Hikmah Tanjung nuryana nuryana, nuryana O. Brusa, Jorgeo Omar, Khatijah Pangestika, Ratri Puji Suryani, Suci Purba, Rakhmawati Putri Balqis, Putri Putri Nabilla R, Riinawati Rahmaniar Rahmaniar Rahmaniar, Rahmaniar Rahmiatul Aula Rais, Rany Gesta Putri Ramansyah, Frengki Putra Ratri Pangestika Rauzi Ramazalena Razali, Ramadhan Reza Juanda Ricky Pratama Ginting Ricky Pratama Ginting Rina Maulida Risa Novia Riska Fazira Riska Yanti Rista Sihombing Ristati Ristati Ristati Risya Irnanda Roni Kurniawan Rumiris Siahaan Rusmewahni, Rusmewahni Rusydi Abubakar Rusydi Abubakar Rusydi Rusydi Safrina Safrina, Safrina Saharuddin Saharuddin Sahat Simbolon Sahli, Argun Sahnaya Khairunnisa Saifanur, Andri Sajida Khairullah salsabilla, Cut Saprudin Saprudin Saputra, Jumadil Sara Nadia Sardi Sardi Sari, Lira Mustika Sari, Meutia Sauzi Amalia, Sri Siahaan, Rumiris Siallagan, Shintauli Sihombing, Rista Silalahi, Amlys Syahputra Silfia Citra Silvia Rizki Ramadana Silvia Wulandari Sinaga, Sarman Sinurat, Mangasi Siska Tri Amanda Siti Elan Nisa Siti Maimunah Siti Zahara Soqia Salsabila Sri Arini Sri Delviani, Putri Sri Devi Zebua Sri Hayu Kartika Sri Wahyuni Sri Yanti Subhan Subhan Subhan Subhan Suci Puji Suryani Sufi Suhendri Sullaida, Sullaida Sultan Fadlullah Nuri SUMARNI Sumi Amelya Harahap Sumiati Sutriani Sutriani Sutriani Syafrizal, Rodi Syahputri, Lidia Syekh Idrus T Nurhaida T. Edyansyah, T. Edyansyah T. Hafifah Poetry Zulmi Tari Mardhia Tarmizi Abbas Tasya Handayani Teuku Muhammad Iqbal Teuku Zulkarnaen Thasrif Murhadi Ti Aisyah Ulvia Rahmi Ummul Hikmah Saragih Utaminingsih, Eka Wahyuddin Wahyuddin Wahyuddin Albra Wahyuddin Wahyuddin Wahyuddin Wahyuddin Wardhiah Wardhiah, Wardhiah Widodo Endi Prasetia Widya Hartanti Widyana Verawaty Siregar Wooton, Ian Wulan Handayani, Tengku WULANDARI YANITA YANITA, YANITA Yasmira Mandasari Saragih Yasmirah Mandasari Saragih Yulmaida, Titi Yunina Yusnidar Yusriani, Fitri Yusril Ramadhan Sembiring Yuyun Wahyuni Zahrul Fuadi, Muhammad Zaky, O K M Zamharira Alisya, Putria Zulfa Riza Zulfahmi Harahap Zulfan Zuriani Zysman, John