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MENGELOLA KEUANGAN SECARA SYARIAH DALAM RANGKA MENUMBUHKAN GOOD MONEY HABIT Masruroh, Aini
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 5 No. 1 (2013)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v5i1.2557

Abstract

The wealth owned by Muslim basically is a trust from Allah that must be spent or distributed responsibly. Good habit in spending money is reflected on how the person makes a financial decision of his own. The main aspect in conducting the financial plan is the ability to save and invest. A person is qualified as having good money habits if he is able to ‚pay themselves‛ first than other interests. Meaning that each earn he have, he is able to allocate it to charity, the primary consumption, and plans for the future. Whereas the  ‚spontaneous‛ type might probably refuses to make a financial planning.DOI: 10.15408/aiq.v5i1.2557 
The Effects of Regulation, Literacy and Promotion in the Development of the Halal Industrial Ecosystem through Sharia Financing In West Nusa Tenggara Yuke Rahmawati; Aini Masruroh; Sanurdi
International Journal of Management, Economic and Accounting Vol. 4 No. 1 (2026): February 2026
Publisher : Yayasan Multidimensi Kreatif

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61306/ijmea.v4i1.702

Abstract

This study aims to comprehensively analyze the development of the halal industrial ecosystem in West Nusa Tenggara Province, as one of the halal tourism destinations in Indonesia. The West Nusa Tenggara Regional Government has issued Regional Regulation Number 2 of 2016 on Halal Tourism, as a derivative of Law Number 10 of 2009 on Tourism and Law Number 33 of 2014 on the Guarantee of Halal Products. In the context of developing the halal industry, there are several variables that are important to study, including regulation, halal industry literacy, promotion of halal tourist destinations, and support for sharia financing access to the halal industry ecosystem. To this end, the study applies a descriptive quantitative method with path analysis (SEM test) using intervening variables. This study found that the regulatory aspects were not significant or had no direct effect on the halal industry, while literacy and promotion had a significant direct effect on the halal industry. As for the indirect effect, regulation (regional) does not indirectly affect the halal industry, while literacy and promotion indirectly have a significant effect on the development of the halal industry ecosystem. Lastly, Islamic financing has a significant direct effect on the halal industry. The findings of this study are expected to be able to provide policy recommendations for local and central governments in the development of the halal industry ecosystem.
Macroeconomic Determinants of LQ 45 Stock Returns in Indonesia: An ARDL Analysis Anisa Maulita Suryana; Faizul Mubarok; Ahmad Rodoni; Aini Masruroh
Agregat: Jurnal Ekonomi dan Bisnis Vol. 10 No. 1 (2026)
Publisher : Universitas Muhammadiyah Prof. DR HAMKA.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22236/agregat_vol10.i1/22275

Abstract

The LQ45 index is widely recognized as a key indicator of the Indonesian capital market, representing the performance of large-cap and highly liquid listed firms, while remaining sensitive to prevailing macroeconomic conditions. This study analyzes the influence of inflation, the policy interest rate, the USD/IDR exchange rate, and overall market performance measured by IHSG returns on LQ45 stock returns over both short-run and long-run horizons. Monthly data spanning January 2009 to August 2025 are utilized, drawn from the Indonesia Stock Exchange, Bank Indonesia, and official statistical sources. The empirical analysis employs an Autoregressive Distributed Lag (ARDL) approach, which is appropriate for examining relationships among variables with different orders of integration. The Bounds Test results provide evidence of a long-term equilibrium relationship between LQ45 returns and the selected macroeconomic variables. Long-run estimates indicate that inflation and IHSG returns have a positive and statistically significant effect on LQ45 returns, whereas the policy interest rate and exchange rate do not exhibit significant influences. In the short run, exchange rate fluctuations exert a significant negative impact on LQ45 returns, while the policy interest rate remains statistically insignificant. Diagnostic tests confirm the structural stability of the model based on the CUSUM and CUSUMSQ criteria, and heteroskedasticity concerns are addressed through the use of robust standard errors. This study extends existing literature by incorporating IHSG returns as a market-wide control variable and employing a long monthly dataset covering multiple monetary policy regimes. These findings imply that monetary authorities and capital market regulators should pay close attention to inflation dynamics and aggregate market conditions (IHSG) when formulating financial stability policies. Meanwhile, investors may consider these indicators as key determinants in their investment decisions regarding LQ45 constituents