Claim Missing Document
Check
Articles

Does Zakat and Non-Zakat Empowerment Affect Mustahiq Welfare Based on Maqashid Shariah? Tika Widiastuti; Ilmiawan Auwalin; Lina Nugraha Rani; Imron Mawardi; Muhammad Ubaidillah Al Mustofa; Norma Rosyidah; Siti Nur Mahmudah
al-Uqud : Journal of Islamic Economics Vol. 5 No. 1 (2021): January
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (499.588 KB) | DOI: 10.26740/al-uqud.v5n1.p76-96

Abstract

This study explores the effect of zakat and non-zakat empowerment programs on the beneficiaries' welfare (mustahiq). This study focuses on the influence of the intervening variable, namely the mustahiq businesses' growth on mustahiq welfare. This study also examines the role of demographic characteristics, such as age, gender, and years of education on mustahiq business growth. This study employs the Partial Least Square-Structural Equation Model (PLS-SEM) using data from 100 respondents who received empowerment assistance from three different zakat institutions. The sample of mustahiq was selected from three zakat institutions to provide a diversity of respondents. The results indicate that zakat and non-zakat programs' empowerment through business growth has significantly affected mustahiq welfare. With these results, both zakat and non-zakat productive programs should be more developed to assist the community businesses' growth optimally. Previous studies measure the welfare of mustahiq with material aspects. In this study, the indicator of welfare is based on maqashid sharia, which includes the protection of Ad-Din (religion), An-Nafs (Soul), Al-Aql (intellect), Al-Nasl (descendant), and Al-Maal (wealth). Examining the impact of two variables, namely productive empowerment programs through zakat and non-zakat, on mustahiq business growth and welfare is the novelty of this study.
THE POTENTIAL FOR INTER-INSTITUTIONAL COOPERATION FOR SHARIA ACTUARY NON-CERTIFICATION PROGRAMS FOR SHARIA INSURANCE IN INDONESIA Alfiah Hasanah; FNU Cupian; Eko Fajar Cahyono; Lina Nugraha Rani
Airlangga International Journal of Islamic Economics and Finance Vol. 1 No. 2 (2018): July-December 2018
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/aijief.v1i2.20797

Abstract

This study aims to explore the potential model of collaboration among institutions such as the Financial Services Authority  (OJK) as regulators, higher education institutions, general higher education institutions and religious higher education, sharia insurance industry associations, actuary professional associations and sharia insurance companies to carry out non-sharia certification of the sharia actuary profession. This study uses descriptive qualitative approach and literature study method. The results of the study recommend that certification programs that span sharia actuaries require several institutional roles includingFinancial Services Authority (OJK), National Sharia Council (DSN), Indonesian Ulema Council (MUI), Indonesian Syariah Insurance Association (AASI) and Indonesian Actuary Association (PAI). Each agency has their respective duties and functions such as regulators, prospective actuary providers, distance education providers, certification providers, and material providers.
Analysis of Sukuk Research in Indonesia Bibliometric Approach Lina Nugraha Rani; Nisful Laila; Dian Filianti; Dwi Wulan Ramadani
AL-MUZARA'AH AL-MUZARA'AH Special Issue 2022
Publisher : Department of Islamic Economics, IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jam.specialissue2022.43-56

Abstract

The concept of sharia-based finance is currently growing rapidly in Indonesia. One form of sharia financial instrument that has been issued by both corporations and the state is the sukuk. Sukuk is one of the most innovative forms of product in the development of the contemporary sharia financial system. It can be concluded that sukuk is an alternative source of funding, especially for the government and corporate companies. The growth of sukuk in Indonesia has increased sharply compared to other Islamic financial instruments, the growth reaching 84% ​​per year if analyzed from 2001 to 2007. Thus, sukuk has developed into one of the most important mechanisms in increasing finance in the international capital market through an Islamically acceptable structure. This study aims to determine the development of research trends in sukuk in Indonesia published by leading journals on Islamic financial economics. The data analyzed consisted of 47 papers that Scopusindexed research publications. The data is then processed and analyzed using the VOSviewer application to find out the bibliometric map of the development of sukuk research in Indonesia.
Diversitas Produk Anti Polutan Dan Marketing E-Bisnis Pada Desa Maesan, Kec. Mojo Kediri Sri Herianingrum; Sylva Alif Rusmita; Lina Nugraha Rani
Dinamisia : Jurnal Pengabdian Kepada Masyarakat Vol. 5 No. 4 (2021): Dinamisia: Jurnal Pengabdian Kepada Masyarakat
Publisher : Universitas Lancang Kuning

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31849/dinamisia.v5i4.5680

Abstract

Maesan Village is located in Mojo District, Kediri Regency, East Java Province. In this village, there are farmer groups who have major problems, including in this case pollution due to the use of tin waste, secondly it is still dependent on middlemen who provide low interest prices so they need a way to release dependence on middlemen, third is about financial records. With the case study method of the Kembang Karomah farmer group, in this community service, the solution that will be discussed in this paper is product diversity to increase selling prices, then e-marketing to cut middlemen, when providing insights for recording financial reports. The results of this research and community service are that the Kemabang Karomah farmer group is able to increase their knowledge of human resources and is ready to diversify products to anti-pollutant plants, and be able to use e-marketing applications.
Macroprudential Policy on Sharia Banking Financing: The Indonesian Experience Eko Fajar Cahyono; Lina Nugraha Rani
Shirkah: Journal of Economics and Business Vol 3, No 2 (2018)
Publisher : IAIN Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (663.466 KB) | DOI: 10.22515/shirkah.v3i2.185

Abstract

The locus of macroprudential policy persuading banks has recently attracted significant attention for such research. Whether and to what extent macroprudential policies established by Bank Indonesia against sharia banks have not researched yet in previous empirical studies. Gathering data during 2008-2016, this article examines the impact of macroprudential policy on credit risk-taking by sharia banks in Indonesia. This research approach uses dynamic panel data analysis technique to investigate the relationship between risk-taking of sharia bank credit and macroprudential policy for a bank in Indonesia good sharia banking. This research shows that there is the influence of Bank Indonesia's macroprudential policy toward murabaha financing in Indonesia.  Keywords: macroprudential policy, credit risk, sharia bank
Malmquist Productivity Index on Islamic Economics and Finance Research Aam S. Rusydiana; Lina Marlina; Lina Nugraha Rani
Shirkah: Journal of Economics and Business Vol 4, No 1 (2019)
Publisher : IAIN Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (906.219 KB) | DOI: 10.22515/shirkah.v4i1.261

Abstract

This study proposes to review the implementation of Malmquist Productivity Index (MPI) in such research publications on the theme of Islamic economics and finance. It employs descriptive statistical analysis based on selected 102 article publications. The entire sample publications have published from 2006 to 2019. The results show that research using the MPI method has still been dominated by Islamic banks issues (73%) followed by Islamic insurance or takaful issue (12%), then zakat (8%), and Islamic microfinance issue (4%). The rest are issues about halal industry, waqf and Islamic REIT. Malaysia, Indonesia and Pakistan are the 3 countries with the most study areas compared to other countries. In addition, many MPI applications are implemented along with the use of DEA methods for measuring efficiency. The most approach used in 102 studies is the production and intermediation approach. Keywords: Malmquist Index, productivity, Islamic Economics, finance
Pelatihan Ekonomi dan Keuangan Syariah dalam Rangka Pembentukan Baitul Mal wat Tamwil Sri Herianingrum; Eko Fajar Cahyono; Lina Nugraha Rani; Sylva Alif Rusmita
Studi Kasus Inovasi Ekonomi Vol. 3 No. 01 (2019)
Publisher : Program Studi Manajemen, Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/skie.v3i01.6935

Abstract

The background of this activity was to fulfill the aspirations of the Muslims of Bandar Kidul village, Mojoroto Subdistrict, Kediri City to carry out economic activities following Islamic rules and the potential capabilities and skills possessed by management and members of the Fascho cooperative to manage Islamic microfinance institutions such as Baitul Wat Tamwil . The purpose of this community service activity is to provide understanding, knowledge, and skills to the management and members of the Fascho cooperative who are engaged in Mojoroto Subdistrict, Kediri City about Islamic economics and Islamic Finance. The activity took place in May 2018, and the actions were in the form of workshop and socialization about Islamic economics and Islamic finance. The article is expected to be a provision for administrators and members to establish Baitulmal wat Tamwil. The results of the activities were in the form of increased awareness of the community around the location of the community service and the increased knowledge and skills of the members and administrators of the Fascho Cooperative so that they were better prepared to establish the BMT.
Analysis of Internal and External Factors Affecting the Liquidity of Sharia Commercial Banks in Indonesia Dwi Putri Lestari; Lina Nugraha Rani
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 4 (2022): Juli-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20224pp559-572

Abstract

ABSTRAK Studi ini bertujuan untuk menyelidiki perngaruh internal (Dana Pihak Ketiga (DPK), Kualitas Aset, Efisisensi Operasional) dan eksternal (Inflasi, Tingkat suku bunga, kurs) terhadap likuiditas bank umum syariah di indonesia. Data yang dikumpulkan secara tahunan dari 2014-2019 untuk di uji dalam melihat pengaruh menggunakan teknik analisis regresi data panel dengan memanfaatkan Eviews 10. Teknik pengambilan sampel menggunakan purposive sampling dan memperoleh sampel sebanyak 11 Bank Umum Syariah di Indonesia. Berdasarkan uji regresi data panel diperoleh model terpilih yakni random effect dan membuktikan hubungan : DPK dan suku bunga memiliki hubungan positif dan signifikan terhadap likuiditas. inflasi dan kurs memiliki hubungan negatif dan signifikan terhadap likuiditas. kualitas aset dan efisiensi operasional tidak memiliki pengaruh signifikan terhadap likuiditas. Sedangkan dalam pengujian simultan membuktikan secara bersama bahwa faktor internal dan eksternal berpengaruh terhadap likuiditas. Penelitian ini diharapkan dijadikan acuan oleh bank syariah dalam mengelola dananya secara optimal dan menerapkan prinsip kehati-hatian terutama saat menyalurkan pembiayaan kepada nasabah agar tidak terjadi risiko pembiayaanya dan mengakibatkan masalah likuiditas. Kata Kunci: Likuiditas, Dana Pihak Ketiga, Kualitas Aset, Eisiensi Operasioanal, Inflasi, Tingkat Suku Bunga, Kurs.   ABSTRACT This study aims to investigate the influence of internal (Third Party Funds (TPF), Asset Quality, Operational Efficiency) and external (Inflation, interest rates, exchange rates) on the liquidity of Islamic commercial banks in Indonesia. Data collected annually from 2014-2019 to be tested to see the effect of using panel data regression analysis techniques by utilizing Eviews 10. The sampling technique used purposive sampling and obtained a sample of 11 Islamic Commercial Banks in Indonesia. Based on the panel data regression test, the selected model is random effect and proves the relationship: TPF and interest rates have a positive and significant relationship to liquidity. inflation and exchange rate have a negative and significant relationship to liquidity. asset quality and operational efficiency have no significant effect on liquidity. Meanwhile, the simultaneous test proves that internal and external factors affect liquidity. This research is expected to be used as a reference by Islamic banks in managing their funds optimally and applying the precautionary principle, especially when distributing financing to customers so that there is no risk of financing and causing liquidity problems. Keywords: Liquidity, Third Party Funds, Asset Quality, Operational Efficiency, Inflation, Interest Rates, Exchange Rates.   DAFTAR PUSTAKA Ambarani, L. (2015). Ekonomi moneter. Bogor: In Media. Aryani, Y., Anggraeni, L., & Wiliasih, R. (2016). Faktor-faktor yang Memengaruhi Non-Performing Financing pada Bank Umum Syariah Indonesia Periode 2010-2014. Al-Muzara’ah, 4(1), 44–60. https://doi.org/10.29244/jam.4.1.44-60 Astuti, F. (2016). Pengaruh efisiensi usaha, risiko keuangan dan kepercayaan masyarakat terhadap kemampuan penyaluran pembiayaan pada bank umum syariah di indonesia tahun 2011-2014. Jurnal Ekonomi dan Keuangan Islam, 2(2), 10–20. https://doi.org/10.20885/JEKI.vol2.iss2.art2 Ben Moussa, M. A. (2015). The determinants of bank liquidity: Case of Tunisia. International Journal of Economics and Financial Issues, 5(1), 249–259. Downes, J., & Goodman, J. (1994). Kamus istilah keuangan dan investasi. Jakarta: Elex Media Komputindo. Dwijayanthy, F., & Naomi, P. (2009). Analysis of effect of inflation, bi rate, and exchange rate on bank profitability (period 2003-2007). Jurnal Karisma, 3(2), 87–98. El-Chaarani, H. (2019). Determinants of bank liquidity in the Middle East Region. International Review of Management and Marketing, 9(2), 64–75. http://dx.doi.org/10.32479/irmm.7742 Gayo, A. A., Pirihatni, R., & Armeliza, D. (2022). Faktor – faktor yang mempengaruhi penyaluran kredit pada bank umum di Indonesia. Jurnal Akuntansi Dan Keuangan (JAK), 10(1), 25-38. https://doi.org/10.29103/jak.v10i1.6099 Halwani, H. (2005). Ekonomi internasional & globalisasi ekonomi. Bogor: Ghalia Indonesia. Ichwan, M. C., & Ryandono, M. N. H. (2017). Faktor-faktor yang berpengaruh terhadap likuiditas bank syariah. Jurnal Ekonomi Syariah Teori Dan Terapan, 3(2), 144. https://doi.org/10.20473/vol3iss20162pp144-157 Ismail. (2010). Manajemen perbankan dari teori menuju aplikasi. Jakarta: kencana. Ismail. (2011). Perbankan syariah. Jakarta: Kencana. Ismal, R. (2011). The Indonesian Islamic banking theory and practices. Bekasi: Gramata Publishing. Karim, A. (2007). Ekonomi makro Islam. Jakarta: PT. Raja Grafindo Persada. Karim, A. (2010). Bank Islam: Analisis fiqih dan keuangan. Jakarta: Raja Grafindo Persada. Kartini. (2014). Pengaruh capital adequacy ratio (CAR), non-performing loan (NPL), pertumbuhandana pihak ketiga (DPK), biaya operasional terhadap pendapatan operasional (BOPO) terhadap likuiditas yang diukur dengan loan to deposit ratio pada perusahan perbankan yang tercatat di bursa efek Indonesia. Unisia: Jurnal Ilmu-Ilmu Sosial, 36(81), 148–162. Kasmir. (2014). Manajemen perbankan. Jakarta: PT. Raja Grafindo Persada. Kasmir. (2019). Analisis laporan keuangan. Depok: Rajawali Press. Pohan. (2008). Kebijakan moneter Indonesia: Seberapa jauh kebijakan moneter mewarnai perekonomian Indonesia. Jakarta: Raja Grafindo Persada. Rahmayati, A., & Pertiwi, I. F. (2018). Pengaruh pendapatan asli daerah dan dana perimbangan terhadap indeks pembangunan manusia. Journal of Islamic Finance and Accounting, 3(2), 111–120. https://doi.org/10.22515/jifa.v1i1.1149 Rani, L. N. (2017). Analisis pengaruh faktor eksternal dan internal perbankan terhadap likuiditas perbankan syariah di Indonesia periode januari 2003 – Oktober 2015. Al-Uqud: Journal of Islamic Economics, 1(1), 41. https://doi.org/10.26740/jie.v1n1.p41-58 Rusydiana, A. (2018). Efisiensi terhadap stabilitas bank syariah di Indonesia (Periode Tahun 2013-2017). Inovbiz: Jurnal Inovasi Bisnis, 6(2), 114. https://doi.org/10.35314/inovbiz.v6i2.833 Somantri, Y. F., & Sukmana, W. (2020). Analisis faktor- faktor yang mempengaruhi financing to deposit ratio (FDR) pada bank umum syariah di Indonesia. Berkala Akuntansi Dan Keuangan Indonesia, 4(2), 61. https://doi.org/10.20473/baki.v4i2.18404 Sugiyono, D. (2013). Metode penelitian kuantitatif, kualitatif, dan tindakan. Bandung: Alfabeta. Wangsawidjaja. (2012). Pembiayaan bank syariah. Jakarta: PT Gramedia Pustaka Utama. Yuwono, T. I., & Riyadi, S. (2018). Pengaruh macro dan micro prudential terhadap tingkat bagi hasil deposito mudharabah bank syariah di Indonesia. Perbanas Review, 3(1), 103–104.
Gold Price, Inflation, and Dollar Exchange Rate: The Case of Gold Investment in Indonesia Rahmansyah, Ilyas Chaidir; Rani, Lina Nugraha
Indonesian Capital Market Review Vol. 13, No. 1
Publisher : UI Scholars Hub

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

Abstract

This paper aims to investigate the relationship between gold price, inflation and the dollar exchange rate on gold stock price of PT Aneka Tambang Indonesia. The ARDL time series model is used in the study involving PT Aneka Tambang Indonesia from December 2016 to November 2019. The findings show the price of gold doesn’t have a significant effect on the gold stock price while dollar exchange rate and inflation have a negative effect on the short and long term of the gold stock price of PT Aneka Tambang Indonesia.
Economic Empowerment of Dhuafa Families Through Digital Business and Financial Management Based on Maqashid Sharia in Tambakrigadung, Lamongan Tika Widiastuti; Puji Sucia Sukmaningrum; Lina Nugraha Rani; Muhammad Ubaidillah Al Mustofa; Ninda Ardiani
Jurnal Pengabdian kepada Masyarakat (Indonesian Journal of Community Engagement) Vol 8, No 3 (2022)
Publisher : Direktorat Pengabdian kepada Masyarakat Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (525.269 KB) | DOI: 10.22146/jpkm.67976

Abstract

Indonesia has an agricultural sector that contributes significantly to the Indonesian economy. However, when the COVID-19 pandemic affected the agricultural industry, it impacted much on the Maju Mulyo Farmer Group in Tambakrigadung, Lamongan. The majority of members of the Maju Mulyo Farmer Group were classified as dhuafa, which means that they had limitations in developing their businesses, planning family finances, and in using technology optimally to support business continuity. The solution provided was through community economic empowerment activities related to Maqashid Sharia-based financial management and digital marketing. The method began by identifying the existing conditions of the Maju Mulyo Farmer Group. Subsequently, it was proceeded with the training stages which included product development training, business management, recording simple accounting reports, e-commerce, digital marketing, and family financial management. The last stage consisted of mentoring, empowering, monitoring, and evaluation. The results of community service activities and providing training with regular assistance could open new insights for rural communities regarding financial and business management amid the COVID-19 Pandemic. Financial management and digital business could facilitate the daily activities of residents and improve the ability of villagers to survive during the COVID-19 pandemic.
Co-Authors Aam Rusydiana Aam S. Rusydiana Aam Slamet Rusydiana, Aam Slamet Abrista Devi Achsania Hendratmi Adelia Dwi Febrianti Ahmad Fadlur Rahman Bayuny Al Mustafa, Muhammad Ubaidillah Al Mustofa, Muhammad Ubaidillah Alfiah Hasanah Alief Fathomy Rahman Annisa, Fayza Syahwa Aulia, Melananda Risky Bt Mohd Ariffin, Noraini Cindra Fitrianingsih Desy Reza Umami Dhea Rizqi Karisma Dita Amelia Dwi Putri Lestari Dwi Wulan Ramadani Eko Fajar Cahyono, David Kaluge Eko Kurniawan Elly Pusporani Erika Septiani Fajar Fairuzy Sadrinata Farikhah, Kuni Fathomy Rahman, Alief Fatin Fadhilah Hasib Filianti, Dian FNU Cupian Hasib, Fatin Fadilah Hidayah, Binti Khusnul Ilmiawan Auwalin Ilyas Chaidir Rahmansyah Ilyas Chaidir Rahmansyah Imron Mawardi Irham Zaki Kuni Farikhah Kuni Farikhah Lailatul Ayuni Lina Marlina lina marlina, lina M. Fariz Fadillah Mardianto Mahmudah, Siti Nur Marhanum Che Mohd Salleh Muhamad Nafik Hadi Ryandono, Muhamad Nafik Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al Mustofa Nafilatul Khusnah Ninda Ardiani Nisful Laila Norma Rosyidah Norma Rosyidah, Norma Nurrohmah, Zidni ‘Ilmatun Nurud Diana Syafaati Pertiwi, Tanza Dona Previan, Anggara Teguh Prilo Krisnu Pradana Puji Sucia Sukmaningrum Putri, Ferdiana Friska Rahmana Rahmansyah, Ilyas Chaidir Redy, Achdiar Rifka Mifta Aulia Ririn Tri Ratnasari Rusmita, Sylva Alif Rusydiana, Aam S. Sa'adah, Fetta Nabilatus Salina Kassim Samsul Arifin Septiani, Erika Simamora, Antonio Nikolas Manuel Bonar Siregar, Naufal Ramadhan Al Akhwal Siti Annita Otaviya Siti Nur Mahmudah Siti Zulaikha Sri Herianingrum Tika Widiastuti Ulfi Sasabel Chumairoh Varizqa, Adella Dwita Wheni Yeisa Wijayanti, Ida