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ANALISIS TRANSMISI KEBIJAKAN MONETER MELALUI INSTRUMEN KONVENSIONAL DAN SYARIAH TERHADAP INFLASI DI INDONESIA PERIODE 2014.6-2019.12 Zainul Hadi; Mansur Afifi; Taufiq Chaidir
JURNAL LENTERA : Kajian Keagamaan, Keilmuan dan Teknologi Vol 19 No 1 (2020): Maret 2020
Publisher : LP2M STAI Miftahul 'Ula (STAIM) Nganjuk

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1628.221 KB) | DOI: 10.29138/lentera.v19i1.216

Abstract

This study aims to analyze the response and time leg of monetary policy through conventional and sharia instruments to inflation in Indonesia. This type of research is explanatory to test hypotheses that state a causal relationship between two or more variables with little bias and increase trust. The analytical tool used is VAR / VECM. the variable used in research is INFLATION, RSBI, RPUAB, CREDIT, GWMK, SBIS, PUAS, FINANCING and GWMS. based on the results of the Impulse Response Function (IRF) that RSBI, RPUAB, CREDIT, GWMK, SBIS and PUAS responded positively to inflation even though at the beginning of the period it was still unstable and from the sixth to the tenth period had reached balance. While the two financing instruments FINANCING and GWMK respond negatively to inflation. Then the results of the analysis of variance decomposition of the model, both RSBI, RPUAB, CREDIT, GWMK, SBIS, PUAS, FINANCING and GWMK have a small average contribution. Inflation itself has a greater contribution and the time period required by the transmission of monetary policy through conventional and sharia instruments to achieve the ultimate goal of inflation for three months.
Perilaku Pengusaha Toko Kelontong Dalam Memilih Pembiayaan Perbankan Syariah Di Kota Mataram Rizky Raharjo; Taufiq Chaidir; Ihsan Ro’is
JURNAL LENTERA : Kajian Keagamaan, Keilmuan dan Teknologi Vol 19 No 2 (2020): September 2020
Publisher : LP2M STAI Miftahul 'Ula (STAIM) Nganjuk

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/lentera.v19i2.308

Abstract

This study aims to analyze how the behavior of grocery store entrepreneurs in choosing Islamic banking financing. This research uses qualitative methods, data collection was carried out by means of interviews. The informants in this study were Muslim grocery traders who trade in the city of Mataram. The conclusion is that all entrepreneurs need capital for their business. Sociologically, many entrepreneurs follow their relatives around them, namely fellow micro sector entrepreneurs who have already been in contact with Islamic banks so that they choose financing in the same place, then anthropologically, it is seen more broadly that entrepreneurs follow relationships with Islamic banks because of their family and apart from being both businessmen in the micro sector, these relatives are also Muslim, so this is cultured in the environment around him. In addition, the active role of Islamic banking marketing also participates in influencing entrepreneurs to take financing from Islamic banks. Second, its relation to Islamic economic principles. Some entrepreneurs take financing from Islamic banks just because they join in, while other entrepreneurs take financing from Islamic banks because they have knowledge of Islamic economic principles, namely avoiding usury. Grocery store entrepreneurs do not know about the existing products in Islamic banking, the product that is clearly known is the Sharia KUR and grocery store entrepreneurs also know that the product uses a murabahah contract. But on the other hand, quite a lot of entrepreneurs have also interacted with conventional financial institutions, according to entrepreneurs because of an urgent need.