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All Journal SEGMEN Jurnal Manajemen dan Bisnis Jurnal Minds: Manajemen Ide dan Inspirasi Dinar: Jurnal Ekonomi dan Keuangan Islam Jurnal Geocelebes Jurnal Mirai Management JURNAL MANAJEMEN MOTIVASI Journal of Economic, Bussines and Accounting (COSTING) al-Afkar, Journal For Islamic Studies JMM (Jurnal Masyarakat Mandiri) Journal TEPAT: Teknologi Terapan untuk Pengabdian Masyarakat Patria Artha Management Journal EQIEN - JURNAL EKONOMI DAN BISNIS Atma Jaya Accounting Reseach (AJAR) JURNAL EKONOMI SAKTI (JES) International Journal of Religious and Cultural Studies Didaktik : Jurnal Ilmiah PGSD STKIP Subang Jurnal Ilmu Manajemen Profitability Journal of Community Service and Empowerment International Journal of Community Service Jurnal Riset Ilmu Ekonomi Jurnal Ar-Ribh INVOICE : JURNAL ILMU AKUNTANSI Wiga : Jurnal Penelitian Ilmu Ekonomi AJARCDE (Asian Journal of Applied Research for Community Development and Empowerment) Ekombis Sains: Jurnal Ekonomi, Keuangan dan Bisnis Journal of Artificial Intelligence and Digital Business Eduvest - Journal of Universal Studies Perbal: Jurnal Pertanian Berkelanjutan Indonesian Journal of Multidisciplinary on Social and Technology Jurnal Kajian Dan Penalaran Ilmu Manajemen Jurnal Bimbingan dan Konseling Pendidikan Islam Journal of Community Service and Society Empowerment Revenue Journal: Management and Entrepreneurship IIJSE International Journal of Economic Research and Financial Accounting Jurnal Social Society Indonesian Journal of Management Studies Indonesian Journal of Innovation Multidisipliner Research
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Developing an Integrated Marketing Communication Model to Enhance International Students’ Interest in Indonesian Sharia Investments Andi Mappatompo; A.Ifayani Haanurat; Sukmawati -; Zalkha Soraya; Sahabuddin Nanda; Muchriana Muchran; Wa Ode Rayyani; Asri Jaya; M. Yusuf K
AJARCDE (Asian Journal of Applied Research for Community Development and Empowerment) Vol. 10 No. 1 (2026)
Publisher : Asia Pacific Network for Sustainable Agriculture, Food and Energy (SAFE-Network)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29165/ajarcde.v10i1.900

Abstract

This community engagement programme (INTERNATIONAL COMMUNITY SERVICE) aims to develop and implement an Integrated Marketing Communication (IMC) model to enhance international students' interest in Indonesian Sharia investment products. The programme was held at Al-Azhar University in Cairo and targeted 30 international students with educational backgrounds closely related to Islamic studies. The initiative responds to the growing potential of Indonesia's Sharia capital market and the need for effective global communication strategies to promote Islamic financial products. The programme applied a combination of educational seminars, digital campaigns, and interactive discussions designed to improve students' awareness, understanding, trust, and investment interest. A pre-test and post-test survey method was used to measure the effectiveness of the IMC approach. The results indicate significant improvements across all measured indicators. Awareness of Indonesian Sharia investment products showed the highest increase, followed by improvements in understanding of Sharia investment concepts, trust in Indonesian Sharia financial institutions, and interest in investing in Sharia-compliant products. The findings demonstrate that integrating educational content with persuasive and value-based communication is effective in promoting Islamic financial products among international students. Digital media also played an important role in reinforcing messages and sustaining engagement beyond face-to-face activities. The programme confirms that an IMC model tailored to Indonesia's cultural and religious values can serve as a practical strategy to expand the global reach of Indonesia's Sharia capital market, particularly within international academic communities. Contribution to Sustainable Development Goals (SDGs):SDG 4 : Quality Education; SDG 8 : Decent Work and Economic Growth; SDG 10 : Reduced Inequalities; SDG 12 : Responsible Consumption and Production
Green Investment in the Islamic Capital Market: Opportunities and Challenges toward a Green Economy Asri Jaya; A. Ifayani Haanurat; Vikram Singh; Nurlina, Nurlina
Jurnal Ar-Ribh Vol. 9 No. 1 (2026): April 2026
Publisher : Universitas Muhammadiyah Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/129z0n28

Abstract

The escalating challenges of climate change, environmental degradation, and sustainability risks have intensified the demand for financial systems that facilitate the transition toward a green economy. Green investment has emerged as a core pillar of sustainable finance, with capital markets playing a crucial role in mobilizing long-term funding for environmentally responsible activities. Within this context, the Islamic capital market is considered to have strong normative alignment with sustainability principles due to its emphasis on ethics, justice, and accountability. However, existing research integrating green investment, Environmental, Social, and Governance (ESG) frameworks, and Islamic finance remains limited and fragmented. This study aims to systematically examine the opportunities and challenges of green investment within the Islamic capital market in supporting the green economy. Employing a Systematic Literature Review (SLR) approach, this study analyzes peer-reviewed journal articles published between 2015 and 2025. The findings reveal that the Islamic capital market holds significant potential to promote green investment through instruments such as green sukuk, ESG-oriented portfolios, and the integration of ESG with maqasid al-shariah principles. Nevertheless, several challenges persist, including the absence of standardized Sharia–ESG frameworks, divergence in ESG ratings, data quality limitations, and the risk of greenwashing. This study contributes to the literature by offering a comprehensive synthesis and providing policy and research implications to strengthen the role of Islamic capital markets in advancing a sustainable and inclusive green economy.
Efektivitas Divergence sebagai Sinyal Reversal: Perbandingan Berbagai Indikator Teknikal Abbas, Akmal Hidayah; Jaya, Asri; Sahib, Muhammad Khaedar
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 5 No. 1 (2026): Februari - April
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v5i1.6659

Abstract

Pergerakan harga saham yang fluktuatif menuntut investor memiliki alat analisis yang mampu mendeteksi potensi perubahan tren secara dini. Analisis teknikal melalui sinyal divergence sering digunakan untuk mengidentifikasi pelemahan momentum sebelum terjadi pembalikan arah harga. Penelitian ini bertujuan menguji efektivitas divergence sebagai sinyal pembalikan tren dengan menggunakan indikator Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), dan Stochastic Oscillator. Objek penelitian meliputi saham dari berbagai sektor industri di Bursa Efek Indonesia dalam periode pengamatan tertentu. Penelitian menggunakan pendekatan kuantitatif dengan data sekunder berupa harga saham harian yang diperoleh dari publikasi resmi Bursa Efek Indonesia dan platform data pasar. Analisis dilakukan dengan mengidentifikasi divergence berdasarkan perbedaan arah pergerakan harga dan indikator, kemudian menguji validitasnya melalui respons harga setelah sinyal muncul untuk mengklasifikasikan true signal dan false signal. Hasil penelitian menunjukkan bahwa RSI dan MACD memiliki tingkat akurasi lebih tinggi dibandingkan Stochastic dalam mengidentifikasi sinyal pembalikan tren. Stochastic menghasilkan sinyal lebih banyak, namun dengan risiko false signal yang relatif lebih tinggi. Efektivitas divergence juga bervariasi antar sektor, dengan sektor energi, basic industry, dan keuangan menunjukkan konsistensi sinyal yang lebih baik. Secara keseluruhan, divergence cukup efektif sebagai alat bantu analisis teknikal, tetapi sebaiknya dikombinasikan dengan indikator lain dan manajemen risiko yang tepat untuk meningkatkan kualitas keputusan investasi
Pengaruh Motivasi dan Disiplin Kerja Terhadap Kinerja Pegawai Pada Dinas Tenaga Kerja Dan Transmigrasi Provinsi Sulawesi Selatan Yulia, Yulia; Yusuf, Muhammad; Jaya, Asri
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 5 No. 1 (2026): Februari - April
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v5i1.8078

Abstract

Artikel atau penelitian ini bertujuan untuk menganalisis pengaruh motivasi kerja dan disiplin kerja terhadap kinerja pegawai pada Dinas Tenaga Kerja dan Transmigrasi Provinsi Sulawesi Selatan. Penelitian ini menggunakan pendekatan kuantitatif dengan jenis penelitian asosiatif. Populasi dalam penelitian ini berjumlah 171 pegawai, dengan sampel sebanyak 63 responden yang ditentukan menggunakan rumus Slovin dan teknik simple random sampling. Data dikumpulkan melalui observasi, kuesioner, dan dokumentasi, kemudian dianalisis menggunakan uji validitas, reliabilitas, uji asumsi klasik, serta analisis regresi linier berganda dengan bantuan aplikasi SPSS. Hasil penelitian menunjukkan bahwa motivasi kerja berpengaruh positif dan signifikan terhadap kinerja pegawai, yang dibuktikan dengan nilai signifikansi sebesar 0,000 < 0,05. Disiplin kerja juga berpengaruh positif dan signifikan terhadap kinerja pegawai dengan nilai signifikansi sebesar 0,000 < 0,05. Secara simultan, motivasi dan disiplin kerja memiliki pengaruh positif dan signifikan terhadap kinerja pegawai dengan nilai signifikansi sebesar 0,000 < 0,05 dan koefisien determinasi sebesar 58,6%. Hal ini menunjukkan bahwa sebagian besar variasi kinerja pegawai dapat dijelaskan oleh kedua variabel tersebut, sementara sisanya dipengaruhi oleh faktor lain di luar model penelitian.Temuan ini menegaskan bahwa peningkatan motivasi dan disiplin kerja secara terintegrasi merupakan strategi penting dalam meningkatkan kinerja pegawai. Oleh karena itu, organisasi perlu mengembangkan kebijakan yang mendukung peningkatan motivasi serta memperkuat penerapan disiplin kerja guna mencapai kinerja yang optimal
Technology-mediated education for marginalized populations: financial literacy gap Jaya, Asri
Revenue Journal: Management and Entrepreneurship Vol 1 No 2 (2023): Revenue Journal: Management and Entrepreneurship (December)
Publisher : CV. Bimbingan Belajar Assyfa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61650/rjme.v1i2.470

Abstract

A person's financial attitude includes thoughts, attitudes, and self-confidence in managing money. A positive financial attitude is essential for responsible financial behavior and long-term well-being. Financial literacy includes financial behavior and consequences, not just information and skills. Technology in financial education has the potential to reduce the picture of financial literacy in developing countries. This research explains how technology-mediated financial education can be flexible, cost-effective, and adaptable, and reach communities underserved by financial services. This research also identified barriers such as inadequate infrastructure, limited access, and language and cultural barriers. Through extensive literature insights from various sources such as "ABInform", "EBSO Host", "Emerald", "Google Scholar", "Science Direct", "ProQuest", "Web of Science", and "ERIC", this research strives for digital inclusion and reduced financial literacy. The findings of this study suggest that although technology can be an effective tool, there is an urgent need for a thorough assessment of the long-term consequences and examination of comparative distribution techniques. This research emphasizes the need for further investigation to understand the impact of limited access to technology on financial literacy among marginalized communities.
Beyond Rational Piety: Herding Behavior and the Cognitive Architecture of Islamic Investment Decisions Jaya, Asri; Haanurat, A. Ifayani; Nurlina, Nurlina
Jurnal Minds: Manajemen Ide dan Inspirasi Vol 13 No 1 (2026): June
Publisher : Management Department, Universitas Islam Negeri Alauddin Makassar, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24252/minds.v13i1.63554

Abstract

This study examines how representativeness bias and emotion shape Islamic investment decisions through herding behavior among Indonesian Islamic stock investors. The study contributes to behavioral Islamic finance literature by positioning herding behavior as a cognitive-emotional mechanism in which representativeness bias acts as the dominant trigger while emotion amplifies collective investment tendencies. Using a quantitative approach and PLS-SEM, data were collected from 324 investors who actively transact in Islamic stocks in Indonesia. The findings reveal that representativeness bias significantly influences herding behavior and Islamic investment decisions, while emotion strengthens the relationship between representativeness bias and herding behavior. Herding behavior also mediates the influence of cognitive and emotional factors on investment decisions. These findings imply the importance of strengthening behavioral financial literacy and critical investment judgment to reduce irrational collective behavior in Islamic capital markets.
The Influence Of Financial Technology (Fintech) On Student Financial Management (A Case Study Of Students At Politeknik Muhammadiyah Makassar) Amelia, Ingrid; Jaya, Asri; Syahriani, A. Tenri
JURNAL MANAJEMEN MOTIVASI Vol 21 No 2 (2025): Jurnal Manajemen Motivasi
Publisher : Universitas Muhammadiyah Pontianak

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29406/jmm.v21i2.7977

Abstract

This study investigates the impact of Financial Technology (Fintech) on student financial management at Muhammadiyah Polytechnic Makassar. A quantitative approach was used with 92 respondents who are fintech users, using surveys and SPSS for data analysis. The results show a positive and significant influence (t = 5.201, p < 0.05), indicating fintech improves planning, controlling, and optimizing student expenses. These findings highlight fintech’s role in supporting better financial habits, but also underline the need for increased financial literacy to prevent excessive spending. This research suggests the importance of responsible fintech use to help students manage finances effectively and sustainably.
Analisis Faktor yang Mempengaruhi Keterlambatan Penerbitan Surat Perintah Pencairan Dana (SP2D) pada Badan Pengelolaan Keuangan Daerah Kabupaten Gowa Sakaria Sakaria; Asri Jaya; Nurlina Nurlina
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 5 No. 2 (2026): Mei-Juli
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v5i2.8707

Abstract

Keterlambatan penerbitan Surat Perintah Pencairan Dana (SP2D) merupakan permasalahan administratif yang berdampak luas pada efektivitas pengelolaan keuangan daerah. Penelitian ini bertujuan untuk menganalisis pengaruh sumber daya manusia, sistem dan teknologi informasi, prosedur administrasi, serta budaya organisasi terhadap keterlambatan penerbitan SP2D pada Badan Pengelolaan Keuangan Daerah (BPKD) Kabupaten Gowa. Penelitian ini menggunakan pendekatan kuantitatif asosiatif dengan populasi seluruh pegawai BPKD Kabupaten Gowa yang berjumlah 40 orang dan menggunakan teknik sampel jenuh. Data dikumpulkan melalui kuesioner berskala Likert dan dianalisis menggunakan regresi linear berganda dengan bantuan SPSS 29. Hasil uji validitas dan reliabilitas menunjukkan bahwa seluruh instrumen penelitian valid dan reliabel. Uji asumsi klasik menunjukkan data berdistribusi normal dan bebas dari multikolinearitas serta heteroskedastisitas. Berdasarkan analisis regresi, nilai koefisien determinasi (R²) sebesar 0,531 berarti keempat variabel independen mampu menjelaskan 53,1% variasi keterlambatan penerbitan SP2D. Secara parsial, sumber daya manusia berpengaruh positif dan signifikan (t = 2,247; sig. 0,031) dan budaya organisasi berpengaruh positif dan signifikan (t = 2,136; sig. 0,040) terhadap keterlambatan penerbitan SP2D. Sementara itu, sistem dan teknologi informasi (sig. 0,138) serta prosedur administrasi (sig. 0,099) tidak berpengaruh signifikan secara parsial. Secara simultan, seluruh variabel berpengaruh signifikan (F = 10,366; sig. 0,000). Temuan ini mengimplikasikan perlunya peningkatan kompetensi aparatur dan penguatan budaya organisasi yang disiplin untuk mempercepat proses penerbitan SP2D.
Pengaruh Kemudahan Penggunaan dan Persepsi Harga Terhadap Keputusan Pembelian di TikTok Shop Riris Ode Antea; Asri Jaya; Nurlina Nurlina
Jurnal Kajian dan Penalaran Ilmu Manajemen Vol. 4 No. 2 (2026): April
Publisher : CV. Aksara Global Akademia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59031/jkpim.v4i2.841

Abstract

This research is motivated by the increasing use of TikTok Shop as a social commerce platform that makes it easier for consumers to make purchases through interactive features and various price promotion strategies. This study aims to analyze the influence of ease of use and price perception on purchase decisions on TikTok Shop. The population in this study is students of the Management Study Program of the University of Muhammadiyah Makassar class of 2022–2025, with a sample of 95 respondents determined using the Slovin technique. The analysis method used is multiple linear regression supported by validity, reliability, and classical assumption tests. The results of the study show that ease of use and partial price perception have a positive and significant influence on purchase decisions on TikTok Shop. High ease of use can increase consumer convenience in transactions, while good price perception encourages consumers to make purchase decisions. The implications of this study show the importance of improving the quality of the system and pricing strategies in supporting consumer purchase decisions on social commerce platforms
The Influence of Financial Technology on Increasing Financial Inclusion in MSMEs in Bira Village, Bulukumba Regency Kasmita Kasmita; Asri Jaya; Firman Syah
Journal Social Society Vol. 6 No. 2 (2026): April - Juni 2026
Publisher : Pustaka Digital Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54065/jss.6.2.2026.899

Abstract

This study is urgent because understanding how financial technology influences financial inclusion can help MSMEs in Bira Village overcome limited access to formal financial services and support inclusive local economic growth. This study investigates the impact of financial technology (fintech) on enhancing financial inclusion among Micro, Small, and Medium Enterprises (MSMEs) in Bira, Bulukumba Regency. The research is motivated by the limited access of MSMEs to formal financial services and the potential of fintech to offer more accessible digital financial solutions. A quantitative research method was employed, utilizing a survey approach. Data were collected through questionnaires administered to 64 MSME respondents and analyzed using simple linear regression with SPSS software. The data were collected from selected MSME operators using a purposive sampling technique The findings reveal that fintech exerts a positive and statistically significant influence on financial inclusion, as evidenced by a p-value of 0.000 and a coefficient of determination (R²) of 0.893. This indicates that 89.3% of the variance in financial inclusion is attributable to fintech adoption. The study concludes that fintech facilitates access to formal financial services such as digital payments, savings, and loans thereby promoting more efficient and sustainable business operations for MSMEs.
Co-Authors A Ifayani Haanurat A. M. Imran A. Tenri Syahriani A. Tenri Syahriani Abbas, Akmal Hidayah Abdul Khaliq Abdul Khaliq Abdul Muttalib Abdul Wahab Achmad Abubakar Aeni, Nur’ Akhmad, Akhmad Alimuddin, Fauziah Amelia, Ingrid Amina Ananda Saputri Andi Jam’an Andi Mappatompo Andi Nila Sari Angrayani A Apriliani Sukwar Asriati Asriati Azizah Saban Bahrul Hidayah Busthan Azikin dadang nuryadi Dahlan Lama Bawa Danil Maulana Devi Azra Yunus Dian Anggraini Dian Anugrah Eka Febrianti Erwin Wirawan Evi Nurul Husna Fakhira Irwan Fauzi Arifin Fenny Hasanuddin Firman Syah Fitri Handayani Alnur Haerany Sirajuddin Harry Hasan Wahid Hendra Pachri Humaida Tuzzahra Indo Santalia Irwansyah, Nur Fadiyah Ifa Putri Ismawati Ismawati J, Jusriadi Kaharuddin . Kasmita Kasmita Khaliq, Abd. Lilis, Lilis M. Yusuf K M. Yusuf K M. Yusuf. K M.Amin Mahmud Nuhung Meily Meliyani Muchriana Muchran Muchriana Muchran Muchriana Muchran Muh. Alfian Muh. Nur Muhammad Adil Muhammad Adil Muhammad Ihsanul Muhammad Khaedar Sahib Muhammad Umar Muhammad Yusuf Muhammad Yusuf Mukhtar Lutfi Mutiara Mutiara Mutya Khaerunnisa Nadia Zhabila Yusuf Nasrullah Nasrullah Nasrullah Nasrullah Nining Triani Thamrin Nur Ainun Nur Alisa Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurlina Nurul Fauzia Ishak Nurul Imana Nuryanti Mustari Rahmawati Muin Ratna Husain Riris Ode Antea Risaldi, Muh Risna Aulia Rohaya Langkoke Rusydi Khalid S. Sukmawati Saeful Saeful Safri Burhanuddin Sahabuddin Nanda Sahabuddin Nanda Sahabuddin Nanda Sahabuddin Nanda Sahrullah, Sahrullah Sakaria Sakaria Samsul Bahari Selmi Selmi Sri Wahyuni Pratiwi Yusran St. Nurpadila Sukmawati - Sukmawati S Sukmawati Sukmawati Syahriani, A. Tenri Ullah, Nasrullah Vikram Singh Wa Ode Rayyani Wa Ode Rayyani Wa Ode Rayyani Wa Ode Rayyani Wa Ode Rayyani Wa Ode Sufiati Wahyudi Malik Wahyudin G Yulia Yulia Zalkha Soraya Zalkha Soraya Zalkha Soraya