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Pendampingan Penguatan Kepatuhan Syariah Bagi Marketing BMT Bina Ihsanul Fikri Yogyakarta Riduwan Riduwan; Akhmad Arif Rifan; Rofiul Wahyudi
AKM Vol 4 No 1 (2023): AKM : Aksi Kepada Masyarakat Jurnal Pengabdian Kepada Masyarakat - Juli 2023
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Syariah (STEBIS) Indo Global Mandiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36908/akm.v4i1.869

Abstract

Sharia compliance is a requirement for Islamic financial institutions because it can increase public trust. As part of an Islamic financial institution, Baitul Maal wa Tamwil (BMT) is required to maintain consistency in implementing Sharia compliance, both in operations and marketing. The Sharia principle that forms the primary basis is the fatwa of the National Sharia Council (DSN), the Indonesian Ulema Council (MUI). The fatwa is binding on all financial institutions, including BMT. Therefore all employees must master and implement it at work.Community service in the form of assistance in Strengthening Sharia Compliance at BMT Bina Ihsanul Fikri Marketing has succeeded in increasing understanding of Sharia principles and marketing commitment to its implementation—mentoring methods in focus group discussions and classical training with structured material. The training was conducted for marketing as many as 56 people. The assistance results show an increase in understanding of Sharia principles by 85.5% and a commitment to implement Sharia principles by 89.3% properly.
Mapping the field of Islamic banking and finance education: A bibliometric analysis and future research agenda Rofiul Wahyudi; Lina Handayani; Zalik Nuryana; Riduwan Riduwan
Journal of Education and Learning (EduLearn) Vol 17, No 4: November 2023
Publisher : Intelektual Pustaka Media Utama

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11591/edulearn.v17i4.20947

Abstract

This article examined trends in Islamic education and finance publications using bibliometric analysis. The authors used co-citation and co-word analysis to examine 449 Islamic education and finance studies from Scopus database. In the co-citation analysis, 10 themes in Islamic education and finance were identified. After that, co-word analysis is used to understand and identify each research theme’s potential future research directions. The results showed that per year the average publication of articles was 2.65. There has been extensive research on this topic in the United States (US) and the United Kingdom (UK), and the most popped-up keywords are ‘education’, ‘finance education’, ‘banking education’ and very limited ‘Islamic finance education’. Further research can be developed using Islamic jurisprudence education, Islamic insurance education, Islamic capital market education, zakat education and waqf as keywords. In addition, the study offers a visualization map of theme patterns for future studies to create educational fields for Islamic banking and finance education, particularly in Muslim-majority nations like Indonesia, Malaysia, and the Middle East. This research contributes as a foundation for further research in enriching and developing knowledge about Islamic education and finance, especially in majority countries.
Financial relaxation of Islamic rural banks and private schools resilience during COVID-19 Riduwan Riduwan; Zalik Nuryana; Rofiul Wahyudi; Suyadi Suyadi; Lina Handayani
International Journal of Evaluation and Research in Education (IJERE) Vol 13, No 1: February 2024
Publisher : Institute of Advanced Engineering and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11591/ijere.v13i1.26903

Abstract

The pandemic of COVID-19 has increased tensions between Islamic rural banks and private schools. Many parents lose their jobs and are thus unable to pay their children’s school tuition. Private schools, on the other hand, are heavily reliant on tuition and bank financing. As a result, student enrollment falls, school finances suffer a deficit, many parents and students lose trust in the school, and some students may wish to drop out. This research aimed to investigate the effectiveness of financial relaxation on schools’ resilience. It was qualitative research with a case study approach focusing on the causal relationship of an Islamic rural banks with a private school affected by the COVID-19 pandemic in Muhammadiyah 1 Yogyakarta Vocational High School and Islamic rural banks’ Bangun Drajat Warga (BDW). The research finding reveals that BDW Islamic rural banks has implemented financing relaxation three times to ease the school’s burden and it has resulted in an improvement in the school’s resilience by as much as 33%. Besides, due to the high ideological commitment and adaptability of Muhammadiyah 1 Yogyakarta Vocational High School as well as the success of gaining parents’ trust regarding online teaching and learning, there has been an increase in the school tuition by as much as 80%. Although though the COVID-19 epidemic is coming to an end, it is still important to study the financial flexibility of Islamic rural banks and private schools in similar crises in the past to better prepare for the future.