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Penilaian Peforma keuangan Bank Syariah dengan Dupont Method (Studi BSM 2016-2020) Ghoni, Muhammad Abdul
Jurnal BAABU AL-ILMI: Ekonomi dan Perbankan Syariah Vol 6, No 2 (2021)
Publisher : Institut Agama Islam Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/ba.v6i2.4729

Abstract

In this article the method used to determine the financial performance of PT. Bank Syariah Mandiri is the Du Pont Method. Wich uses three ratios, namely Total Assets Turnover (TATO), Net Profit Margin (NPM), and Return On Investment (ROI). This study focuses on analyzing the financial performance of Bank Syariah Mandiri for the 2016-2020 period and looking at the comparison of financial performance of Bank Syariah Mandiri in the last 5 years. This study uses a quantitative descriptive approach, which describes the numerical data analysis results using quantitative analysis techniques. The following conclusions can be drawn: The highest Return On Investment occurred in 2019 at 1.140% and the lowest occurred in 2016 at 0.413%. In 2019 Return On Investment was above average, this shows that the company's performance in generating profits in that year was very good. The calculation of Return On Investment (ROI) from 2016 - 2020 shows that ROI is still fluctuating and less stable. This illustrates that the BSM merger decision in 2021 is the right decision when viewed from the financial performance.
Neuromanagement Under the Light of Maqasid Sharia Yosita Nur Wirdayanti; Muhammad Abdul Ghoni
Al Tijarah Vol 5, No 2 (2019): Desember 2019
Publisher : Universitas Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (311.664 KB) | DOI: 10.21111/tijarah.v5i2.3452

Abstract

Technology advancement and Industrial revolution 4.0 engagement are increasingly seen as powerful tool for making innovation, managerial efficiency of the company. New brain imaging technologies have motivated neuromanagement studies of the internal order of the mind and its links with the spectrum of human decisions from harmful and injustice decision. The main achievement of this study is to explain how neuromanagement works under light of Maqasid al Shariah. As spirit of Shariah is based on wisdom and achieving people’s welfare in this life and the afterlife. Shariah is all about justice, wisdom, and good. This paper contributes to the literature by explaining neuromanagement and Maqasid al Shariah. In fact, that there is a lack of literature related to neuromanagement and Maqasid al Shariah. This research will, therefore, provide to the neuromanagement decision making in accordance with the Maqasid al Shariah.
Neuromanagement Under the Light of Maqasid Sharia Yosita Nur Wirdayanti; Muhammad Abdul Ghoni
Al Tijarah Vol. 5 No. 2 (2019): Al Tijarah | December
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/tijarah.v5i2.3452

Abstract

Technology advancement and Industrial revolution 4.0 engagement are increasingly seen as powerful tool for making innovation, managerial efficiency of the company. New brain imaging technologies have motivated neuromanagement studies of the internal order of the mind and its links with the spectrum of human decisions from harmful and injustice decision. The main achievement of this study is to explain how neuromanagement works under light of Maqasid al Shariah. As spirit of Shariah is based on wisdom and achieving people’s welfare in this life and the afterlife. Shariah is all about justice, wisdom, and good. This paper contributes to the literature by explaining neuromanagement and Maqasid al Shariah. In fact, that there is a lack of literature related to neuromanagement and Maqasid al Shariah. This research will, therefore, provide to the neuromanagement decision making in accordance with the Maqasid al Shariah.
The Role of Islamic Banking Financing for Afforadable Housing in Realizing Sustainable Development: An Analytic Network Process (ANP) Method Ghoni, Muhammad Abdul; Maksum, Asep
Jurnal Ekonomi dan Perbankan Syariah Vol 12, No 1 (2024): Journal of Islamic Economics and Banking
Publisher : Institut Agama Islam (IAI) SEBI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46899/jeps.v12i1.520

Abstract

The government of the Republic of Indonesia is to provide appropriate affordable housing programs for low middle incomes. Based on the physical attributes and traditional social aspects of the low-middle income household, and social environment in the residential area, as well as their contribution to economic growth. This paper evaluates the level of prioritization of Islamic Banking Financing for affordable housing program of low-middle income families in Realizing Sustainable Development. Simultaneously, the research offers access to sustainability measurement of Islamic banking to finance affordable housing on both the social and environmental dimensions. This research utilizes An Analytic Network Process (ANP) Method to evaluate and select Sustainable Development Goal Ranking The results of this study are found that Sustainable Development Goal 8: Promote inclusive and sustainable economic growth, employment and decent work for all, is most important for Islamic banking financing for affordable housing program in Realizing sustainable Development comparing to the Sustainable Development Goals (SDGs) of goas number 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation, and Goal 11: Make cities and human settlements inclusive, safe, resilient and sustainable. Furthermore, according to the experts of Islamic Housing financing, the objective of Islamic banking financing for Affordable Housing In Realizing Sustainable Development are; to protect low-income people and people in vulnerable situations and reduce the risk for slum dwellers.
The Sharia Business Model of The Housing Provident Fund (HPF) of Republic Of Indonesia Ghoni, Muhammad Abdul; Amelia, Shinta Kintarani; Beyti, Nurul
EKOBIS SYARIAH Vol 8, No 2 (2024)
Publisher : Universitas Islam Negeri Ar-Raniry Banda Aceh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/ekobis.v8i2.26201

Abstract

This study introduces a sharia model of the HPF of republic of Indonesia. since, the Housing Provision Fund promotes housing investment and enables early house purchase for individuals with low income. The aim of this paper is presently sharia business model of provident fund and its implementing strategies to reduce the population of those needing adequate housing of Indonesian. This paper operates an extensive literature review explains the existing of housing provident fund model based on the sharia principle. The Sharia-compliant business model of the provident fund in the Republic of Indonesia is a relatively new mechanism that operates based on the principles of Shariah. It is designed to be fair and strives to achieve the ultimate goals of Sharia by establishing the Housing Provident Fund (HPF). The implementation of the Sharia business model in the housing provident fund of the Indonesian government can be replicated in other Muslim countries. As far as we know, this research is the first in the literature to present a conceptual idea and model for the sharia business model of housing provident fund that complies with Sharia principles.
The Nexus Between Maqasid al Sharia and Affordable Housing Program: A Systematic Review Ghoni, Muhammad Abdul; Affandi, Muhammad Taufiq
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 16, No 2 (2025): (On Process)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v16i1.647

Abstract

The affordable housing can be defined as housing for low-income people (MBR), who have limited ability to obtain housing and supported by government of Indonesia within the financing program throughout Islamic banking as stated in the Minister of Public Works and Public Housing Regulation Number 1 of 2021 on criteria for low-income people (MBR), easy requirements to build and own a house. This emphasizes the importance of affordable housing for low-income people is to promote the welfare of the people that in accordance to the objectives of the Shariah (Maqasid al Sharia). The current study examines the nexus between Maqasid al Sharia and legal regulation of republic Indonesia as the basis of affordable housing program. To explore and optimize the harmonization the objectives of the Shariah (Maqasid al Sharia) and legal regulation of republic Indonesia, we analyze the legal regulations contents of republic Indonesia to expose the indicators and spirits of the objectives of the Shariah (Maqasid al Sharia) in the affordable housing programs. Using Systematic review tool, these indications and spirit of the objectives of the Shariah (Maqasid al Sharia) are identified on the basis reviewed and analysis of legal regulation. A systematic study results show that, the indicators, and spirits of the Maqasid al Sharia; protection of religion (din), protection of life (Nafs), protection of intellect (Aql), protection of wealth (Mal), and protection of lineage (Nasl) are reflected in the legal regulation of Republic of Indonesia as groundbreaking affordable housing program.
The Application of Islamic Legal Maxim of Blocking Evils is Precedenced than Taking Benefits in Cryptocurrency Market: Evidence from Treynor and Jensen Method Ghoni, Muhammad Abdul; Syafei, Ade Wirman; Ariza, Kemal
Al-Tasyree: Jurnal Bisnis, Keuangan dan Ekonomi Syariah Vol. 14 No. 01 (2022): Al Tasyree: Jurnal Bisnis, Keuangan dan Ekonomi Syariah
Publisher : Prodi Ekonomi Syariah, Fakultas Syariah dan Hukum, Universitas PTIQ Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59833/gzgc2789

Abstract

This practical analysis and investigated research of the performing cryptocurrency investment during the January 2019-September 2021 period. This study is evaluating five cryptocurrencies within global Cryptocurencies market. Treynor and Jensen Index are utilized to measure each cryptocurrencies operation in the crypto currencies market. Moreover, the analysis of Islamic Legal maxim of blocking evils is precedenced than taking benefits in Cryptocurrency Market is applied. The Treynor and Jensen Index analysis approach is used to evaluate performance among the five cryptocurrencies, namely; Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT) and Cardano (ADA . The results of Treynor index indicate cryptocurrencies, namely; Tether (USDT), Ethereum (ETH), Cardano (ADA) assets carried the has a positive value means the performance of cryptocurrency is good as compare other Cryptocurrencies. However, the results of Jensen index show the four crypto assets, namely; Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Cardano (ADA) have a negative Jensen value, these indicates the cryptocurrencies have low returns. The finding of the result from the analysis of the of Islamic Legal maxim of preventing evils is better than attracting benefits suggest to avoid cryptocurrency investment is priority rather than taking benefit from cryptocurrency investment
THE PREDICTION OF FINANCIAL DISTRESS IN PROPERTY COMPANIES IN SOUTHEAST ASIAN: INDONESIA, SINGAPORE, AND MALAYSIA Ghoni, Muhammad Abdul; Maksum, Asep; Jaelani, Abdul Qadir; Yunus, Noor’ain Mohamad
Jurnal Ekonomi dan Bisnis Airlangga Vol. 35 No. 1 (2025): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V35I12025.129-146

Abstract

Introduction: This study aims to assess and evaluate the financial distress state of a sample including 204 data points from 35 enterprises in Southeast Asia, specifically Indonesia, Malaysia, and Singapore. Methods: This study analyzes the effects of Covid-19 on these enterprises, specifically concentrating on the likelihood of financial hardship as assessed by Edward Altman's Z-score model. Results: Evidence indicates that property businesses listed on the Indonesia, Malaysia, and Singapore Stock Exchanges had greater financial difficulties during the Covid-19 period compared to the post-Covid period, aligning with observations at the ASEA Landmark level. The projected likelihood of default for publicly traded enterprises rose significantly during the Covid pandemic. Conclusion and suggestion: The data reveal that the Z-score's efficacy in predicting bankruptcy markedly declined during the financial crisis. The data indicate that Covid-19 is causing financial pain to enterprises in Southeast Asia.
Sharia Stock Selection in Indonesia Stock Exchange (IDX) : A fuzzy-ANP Approach Ghoni, Muhammad Abdul; Mutiara, Rahma
El-Barka Journal of Islamic Economics and Business Vol. 5 No. 1 (2022)
Publisher : El-Barka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/elbarka.v5i1.3882

Abstract

The purpose of this study is to develop a fuzzy analytic network process (FANP) model to evaluate and select a portfolio of Islamic stocks on the Indonesia Stock Exchange (IDX). A fuzzy analytic network process (FANP) is used to the develop indicator and portfolio selection ranking. It can make it easier for investors to make investment decisions through financial portfolio return. However, in fact and reality, investors need fast investment decision, therefore, portfolio selection is most important. The fuzzy-ANP analysis method can be used to evaluate and to make prioritize ranking of investment decision variables. The results of this study are found that profitability is the most important criterion for investors to select Islamic stock portfolios in Indonesia stock exchange. In addition, the value of Return on assets (ROA), Return on equity (ROE), Return on Investment (ROI), Net profit margin (NPM), Earning per share, return on sales Ratio and Return on Capital of a company. 
Efek Pemilu Presiden Terhadap Volume Perdagangan Saham di Pasar Modal Indonesia Permata, Citra Puspa; Ghoni, Muhammad Abdul
Disclosure: Journal of Accounting and Finance Vol. 1 No. 1 (2021)
Publisher : Institut Agama Islam Negeri (IAIN) Curup

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (947.548 KB) | DOI: 10.29240/disclosure.v1i1.2938

Abstract

The “reason for this research is to see the average difference of stock trading volume activity after and before the implementation of the Presidential Election. This research uses an event study, where the research is conducted for 7 working days after up to 7 working days before the implementation of the presidential election. This study uses additional information obtained from the Indonesia Stock Exchange. The information used in this test includes a list of LQ45 shares, daily trading volume, and number of shares outstanding. While the samples used are stocks that are included in the LQ45 list on the Indonesia Stock Exchange.”The results showed that from the results of statistical tests on the average difference of stock trading volume activity after and before the implementation of the presidential election, there was a significant difference to the average stock trading volume activity after and before the implementation of the presidential election.