Article Per Year (5 Year)
p-Index From 2021 - 2026
3.829
P-Index
This Author published in this journals
All Journal Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics) IJTIHAD Jurnal Wacana Hukum Islam dan Kemanusiaan INFERENSI Islamic Ecomonics Journal Jurnal Ekonomi Syariah Teori dan Terapan Global Review of Islamic Economics and Business Tazkia Islamic Finance and Business Review Jurnal Ekonomi Islam Shirkah: Journal of Economics and Business Ihtifaz: Journal of Islamic Economics, Finance, and Banking Proceeding of Conference on Islamic Management, Accounting, and Economics Amwaluna Jurnal Ekonomi dan Keuangan Syariah Journal of Islamic Monetary Economics and Finance Journal of Islamic Economics and Philanthropy Riset, Ekonomi, Akuntansi dan Perpajakan (REKAN) Share: Jurnal Ekonomi dan Keuangan Islam Pancasila: Jurnal Keindonesiaan EKONOMIKA SYARIAH : Journal of Economic Studies Jurnal Ekonomi Islam Bulletin of Islamic Economics Sunan Kalijaga: Islamic Economics Journal Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah Jurnal Ekonomi Syariah Mulawarman (JESM) Madania: Jurnal Kajian Keislaman
Abdul Qoyum
Universitas Islam Negeri Sunan Kalijaga
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 50 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 50 Documents
Search

 1   2   3   4   5 
In Search for Islamic Macroprudential Policy in Indonesia: The Case of Financing to Value (FTV) and Property Financing Abdul Qoyum; Neneng Ela Fauziyyah
Ihtifaz: Journal of Islamic Economics, Finance, and Banking Vol. 1 No. 1 (2018)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/ijiefb.v1i1.275

Abstract

This study aims to examine the impact of macroprudential policy particlarly the relaxing of Financing to Value (FTV) on property financing of Islamic bank in case of Indonesia. In addition, this paper also analyzes the impact of macroeconomic variables and specific factors on property financing in Islamic Bank. This paper collects data from the Bank Indonesia website, the Financial Services Authority (FSA) and the Central Statistics Agency (CSA) form January 2010 until April 2016. By employing Vector Error Correction Model (VECM), this study found that inflation and Industry Produce Index (IPI) have been positively influence on the property financing, while the BI rate and financing to deposit ratio (FDR) have been negatively influence on the property financing. While the relaxing of FTV policy also negatively influence on the property financing. Therefore, This study conludes that the policy have not effectived yet.
Islamic Capital Market Reaction on Presidential Election 2019 (Case Study of the Jakarta Islamic Index) Syintia Dwi Utami; Abdul Qoyum
Ihtifaz: Journal of Islamic Economics, Finance, and Banking Vol. 3 No. 2 (2020)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/ijiefb.v3i2.2638

Abstract

General Election (GE) is one of the most important political issues which has an impact on the economic condition. This research aims to reveal the effect of General Election 2019 on the capital market reaction. Specifically, the study compares the impact of three events in the GE 2019, namely, The General Election 2019, the announcement of Elected President 2019, and Mahkamah Konstitusi (MK) decision. By employing Abnormal Return with t-test analysis, the study reveals that the publication of the elected-president has the most significant impact on the Islamic Capital Market compares to the two other events. While using Trading Volume Activity (TVA), all the three events of GE 2019 affects the TVA. This finding suggests that for the Islamic capital market investor, the announcement of the elected president is seen as the most significant event that determines the whole of economic condition for the next five years. Hence, for the policy-makers, they must focus on the date of the announcement by preparing such a policy to maintain the market condition.   
MUSLIM INTENTION TO PARTICIPATE IN RETAIL CWLS: THE TEST OF MEDIATION AND MODERATION EFFECTS Izra Berakon; Lu’liyatul Mutmainah; Abdul Qoyum; Hendy Mustiko Aji
Journal of Islamic Monetary Economics and Finance Vol 8 (2022): Special Issue: Islamic Social Finance
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v8i0.1427

Abstract

Cash Waqf-Linked Sukuk (CWLS), which integrates cash waqf instruments and sovereign Sukuk, is an innovative Islamic investment product with social and spiritual dimensions. This study investigates public intention to participate in Retail CWLS (SWR) using the Technology Acceptance Model (TAM) framework with the addition of other relevant constructs. An online survey was conducted using the purposive sampling technique and involved 130 respondents. The data were analysed using Partial Least Squares Structural Equation Modeling (PLS-SEM) supported by WarpPLS. The results indicate that Perceived Ease of Use (PEOU), Perceived Usefulness (PU), Perceived Transparency (PT), and Trust in the Indonesian Waqf Board and Waqf Institutions have a significant positive effect on individual Intention to participate in Retail CWLS. Furthermore, this study reveals that Trust could partially mediate the relationship between PU and individual Intention. However, Religiosity fails to moderate the relationship between PU and individual Intention to purchase SWR. The study also demonstrated other complementary statistical outputs such as split-sample, non-linear relationships among latent variables, effect size, and the Q-squared coefficient to ensure that the processed data were robust. Also, this finding indirectly implies that CWLS is not only targeted at the Muslim community but also for general investors from other religions and beliefs.
Does Profit Maximization Assumption in Economics Comply with Shariah? Evidence from Theoretical and Empirical Findings Sunaryati Sunaryati; Abdul Qoyum
Global Review of Islamic Economics and Business Vol. 10 No. 1 (2022)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2022.101-06

Abstract

The objective of this paper is to discuss the issue of profit maximization from a shariah point of view. The study is very relevant, especially in the current development of Islamic economics. Profit maximization is the central issue in conventional economics and the implication is that all firm decisions must be intended to realize a profit. This paper uses a qualitative approach to answer the main research question. Using a comprehensive study on the Al-Quran and previous empirical findings, the study reveals that profit maximization is still accepted, but not as a single objective. Islamic economics must use comprehensive objectives that not only profit but also maqasid shariah maximization, including environmental, and social aspects.
INTEGRASI PASAR MODAL ISLAM: STUDI DI LIMA NEGARA ASEAN DAN DJIA Muhammad Al Faridho Awwal; Ita Eviyanah; Abdul Qoyum
Ekonomi Islam Vol. 13 No. 1 (2022): Jurnal Ekonomi Islam Fakultas Agama Islam UHAMKA
Publisher : Universitas Muhammadiyah Prof Dr Hamka

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (628.31 KB) | DOI: 10.22236/jei.v13i1.8073

Abstract

This study aims to determine the short- and long-term relationship between the Islamic capital market in Southeast Asia and the DJIA. This study takes data from the Islamic capital markets of ASEAN-5 countries, namely the Jakarta Islamic Index (JII), FTSE Malaysia, FTSE SET Sharia Thailand, FTSE SGX Sharia Singapore and MSCI Philippines and DJIA. A total of 211 weekly observations of each index were observed from 04 January 2015, to 03 February 2019. Author have found that the Islamic capital market is integrated in all ASEAN-5 countries including the DJIA. This study also finds that the Malaysian Islamic capital market and DJIA have the most influence on the ASEAN-5 Islamic capital market, as shown by the VDC test. Keywords; ASEAN, DJIA, Capital Market
INTEGRASI PASAR MODAL ISLAM: STUDI DI LIMA NEGARA ASEAN DAN DJIA Muhammad Al Faridho Awwal; Ita Eviyanah; Abdul Qoyum
Ekonomi Islam Vol. 13 No. 1 (2022): Jurnal Ekonomi Islam Fakultas Agama Islam UHAMKA
Publisher : Universitas Muhammadiyah Prof Dr Hamka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22236/jei.v13i1.8073

Abstract

This study aims to determine the short- and long-term relationship between the Islamic capital market in Southeast Asia and the DJIA. This study takes data from the Islamic capital markets of ASEAN-5 countries, namely the Jakarta Islamic Index (JII), FTSE Malaysia, FTSE SET Sharia Thailand, FTSE SGX Sharia Singapore and MSCI Philippines and DJIA. A total of 211 weekly observations of each index were observed from 04 January 2015, to 03 February 2019. Author have found that the Islamic capital market is integrated in all ASEAN-5 countries including the DJIA. This study also finds that the Malaysian Islamic capital market and DJIA have the most influence on the ASEAN-5 Islamic capital market, as shown by the VDC test. Keywords; ASEAN, DJIA, Capital Market
Testing The Validity of Risk Management in Islamic Finance: The Hadith Point of View Abdul Qoyum
Islamic Economics Journal Vol. 7 No. 1 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (903.774 KB) | DOI: 10.21111/iej.v7i1.4788

Abstract

Risk management in Islamic finance can be seen as an important aspect for business operation. The nature of Islamic finance which is quite different compared to conventional counterparts since the existance of shariah principle affect the risk management is more crucial in Islamic finance. Nevertheless, the practice of risk management in Islamic finance must be in line with shariah. Hence, this paper aims to analyze the validity of risk management from the Hadist point of view. By conducting qualitative research through detecting the quality of Hadist, the study revealed that Risk management practice is in line with shariah principle. It is based on the Hadits narrated by Ibnu Hibban that from the text, including in the matan and sanad can be classified as hadits ‘shohih”. In addition, the practice of Risk management is comply to the fulfilment of maqosid syariah.
RENCANA PEMBANGUNAN JANGKA PANJANG (RPJP), SUSTAINABLE DEVELOPMENT GOALS (SDGS) AND MAQASID AL-SHARIAH: THE CASE OF KABUPATEN REMBANG Abdul Qoyum; prasojo prasojo
Journal of Islamic Economics and Philanthropy Vol. 3 No. 1 (2020): August
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1100.756 KB) | DOI: 10.21111/jiep.v3i03.4802

Abstract

The objective of this paper is to analyze Rencana Jangka Panjang Daerah Kabupaten Rembang from SDGs and Maqosid Shariah point of view. This paper find that, SDGs only confirm with 4 element maqosid syariah, except the first maqosid. For the secular countries, it is not create any problems, but for the Regency like Rembang, the fulfilment of first maqosid namely “safeguarding religion” is very important. Hence, adobting SDGs need to be modified. In majority SDGs are connects with the 4th and 5th objective of shariah. It means that, from Maqosid Syariah view, SDGs are very focus on the economic and long-life aspect. While, there is no goal of SDGs that has intended to the development of religion. If compared to RPJPD, for the first objective of Shariah there is no specific indication that Rembang has concern on this. For the second objective of Shariah, it has strong relationship with SDGs, thus, in RPJPD there are some real concern from the government in achieving this goal. Indeed, for the goal related to progency and economic aspect, RPJPD of Rembang are very much focus on the fulfilment of this. Hence, there are many program related to this goal. Contrastly, although, education that confirm to SDGs and also 3rd Maqosid syariah, has been accommodated in RPJPD, but this program is away from the main characteristics of Rembang, namely Pesantren and Madrasah. In RPJPD, it is clearly indicated that, the final goal of education is just in term of achieving scores such as APS and APM, rather than character building which has been done by Pesantren and Madrasah.  Keyword: RPJP, SDGs, Maqoshid Syari’ah
Dampak Variabel Makroekonomi Terhadap Nilai Aktiva Bersih (NAB) Reksadana Syariah Menggunakan Metode Regresi Data Panel Muhammad Dedat Dingkoroci Akasumbawa; Abdul Qoyum
Riset, Ekonomi, Akuntansi dan Perpajakan (Rekan) Vol 4 No 2 (2023): Riset, Ekonomi, Akuntansi dan Perpajakan (Rekan )
Publisher : Universitas Bumigora

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30812/rekan.v4i2.3213

Abstract

This study aims to examine the relationship between macroeconomic variables, namely inflation, rupiah exchange rate, gross domestic product, money supply, and interest rates on the Net Asset Value (NAV) of Islamic Mutual Funds. The sampling method used purposive sampling with 9 mutual fund companies from 2013 to 2020. This study used a panel data regression method with a random effect model. The results showed that inflation and interest rates did not show any effect on the NAV of Islamic Mutual Funds. There is no effect on inflation because the inflation rate in Indonesia is still at a low level. The interest rate has no effect because the character of mutual funds is a long-term investment instrument. The money supply and the exchange rate have a significant positive effect on the NAV of Sharia Mutual Funds. This is due to the increase in the money supply and the rupiah exchange rate from year to year. Meanwhile, gross domestic product has a significant negative effect on the NAV of Sharia Mutual Funds. This is because the NAV of mutual fund companies from year to year depreciates, while gross domestic product from year to year appreciates.
Macroeconomic Effects on Economic Growth in Muslim Countries: Political System as A Moderating Variable Arohman Arohman; Abdul Qoyum; Akmal Ihsan; Farma Andiansyah
EKONOMIKA SYARIAH : Journal of Economic Studies Vol 7, No 1 (2023): June 2023
Publisher : Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30983/es.v7i1.6358

Abstract

This study seeks to explore the role of the political system in supporting the influence of macro variables on economic growth in the world's Islamic countries. Data obtained from the world bank during 2010-2021. The econometric model used in the research is the Generalized Method of Moments (GMM). The main finding is that the political system has a significant negative effect on growth. This negative effect is caused by the low value of the political index determined by world governance indicators. In addition, foreign direct investment and remittances are still the main variables in supporting economic growth in the Islamic countries of the world. In contrast, interest rates show negative effects on economic growth. Further results show that an ineffective political system is unable to strengthen the relationship between foreign direct investment, remittances, and interest rates on economic growth. These findings serve as an evaluation for the 2025 OIC internal implementation action program.AbstrakStudi ini berusaha untuk mengeksplorasi peran dari sistem politik dalam mendukung pengaruh variabel makro terhadap pertumbuhan ekonomi di negara Islam dunia. Data diperoleh dari world bank selama tahun 2010-2021. Model ekonometrika yang digunakan dalam penelitian ialah generalized method of moments (GMM). Adapun temuan utamanya ialah sistem politik berpengaruh negatif signifikan terhadap pertumbuhan. Efek negatif ini disebabkan dengan rendahnya nilai indeks politik yang ditentukan oleh world governance indicators. Selain itu, investasi asing langsung dan remitansi masih menjadi variabel utama dalam mendukung pertumbuhan ekonomi di negara-negara Islam dunia. Sebaliknya, tingkat suku bunga menunjukkan efek negatif terhadap pertumbuhan ekonomi. Hasil selanjutnya ditunjukkan bahwa sistem politik yang tidak efektif tidak mampu memperkuat hubungan antara investasi asing langsung, remitansi, dan tingkat suku bunga terhadap pertumbuhan ekonomi. Temuan ini menjadi evaluasi untuk program aksi OKI 2025 yang saat ini masih berlangsung.
Co-Authors A. Abdurrahman A.A. Ketut Agung Cahyawan W Abdul Haris Abdul Haris Abdullah Abdullah Achmad Jufri Adilla, Adilla Ahmad Syakir Kurnia Aji, Hendy Mustiko Akmal Ihsan Al-Amin Matae Andiansyah, Farma Arohman Arohman Arohman, Arohman Awwal, Muhammad Al Faridho Azzaki, Muhammad Adnan bin Mohd Thas Thaker, Hassanuddin Bin Mohd Thas Thaker, Hassanudin Dede Dennis Dennis, Dede Dia Purnama Sari Dini Maulana Lestari Fadel Rahman Farma Andiansyah Fauziyyah, Neneng Ela Fitrotul Fardila Furwanti, Reni Hanafi, Syafiq Mahmadah hasanah, Imas Hassanudin bin Mohd Thas Thaker Hosen, Mosharrof Ibi Satibi Ibnu Qizam Ibnu Qizam Ibnu Qizam Ibnu Qizam Ibnu Qizam Ihsan, Akmal Ita Eviyanah Izra Berakon Joko Setyono Lu'liyatul Mutmainah Lu’liyatul Mutmainah Lu’liyatul Mutmainah M. Ardiansyah M. Miftahussurur Makhrus Munajat Mardiya, Milzamulhaq Masriani Adhillah Milzamulhaq Mardiya Misbahul Munir Misnen Ardiansyah Misnen Ardiansyah, Misnen Mudinillah, Adam Muh. Rudi Nugroho, Muh. Rudi Muhammad Adnan Azzaki Muhammad Dedat Dingkoroci Akasumbawa Muhammad Prima Sakti Muhammad Rizky Prima Sakti Muhammad Rizky Prima Sakti Muhammad Rizky Prima Sakti Muhammad Rizky Prima Sakti, Muhammad Rizky Prima Muhammad Yousuf Munawaroh, Uum Neneng Ela Fauziyyah Neneng Ela Fauziyyah Prasodjo Prasodjo Prasojo Prasojo Prasojo, Prasojo Putri, Amila Zamzabila Qizam, Ibnu R. Suhaimi Rizka Hendriyani Sakti, Muhammad Prima Sari, Dia Purnama Satibi, Ibi Siti Nur Azizah Siti Nur Azizah Sunaryati Sunaryati Syintia Dwi Utami Thas Thaker, Hassanudin bin Mohd Utami, Syintia Dwi Zamillaili, Maulanidya