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All Journal Jurnal Ilmiah Mahasiswa FEB Tell : Teaching of English Language and Literature Journal Linguistic, English Education and Art (LEEA) Journal Mimbar Yustitia : Jurnal Hukum dan Hak Asasi Manusia ELT-Lectura Dialogia: Jurnal Studi Islam dan Sosial Jurnal Agritechno E-Link Journal Inspiring: English Education Journal AbdiTechno (Jurnal Pengabdian Masyarakat) Mukaddimah: Jurnal Studi Islam Linguistic, English Education and Art (LEEA) Journal Indonesian Journal of English Teaching Edukasia: Jurnal Pendidikan dan Pembelajaran ARZUSIN: Jurnal Manajemen dan Pendidikan Dasar Excelencia : Journal Of Islamic Education & Management Jurnal Manajemen Dan Bisnis Ekonomi Jurnal Riset Manajemen dan Ekonomi Sintaksis: Publikasi Para Ahli Bahasa dan Sastra Inggris Values: Jurnal Kajian Islam Multidisiplin Salaga Journal Al-Iqtisodiyah : Jurnal Ilmu Ekonomi dan Ekonomi Islam Berbakti At-Tafasir: Journal of Al-Qur'an Studies and Contextual Tafsir
Ahmad Munir
Unknown Affiliation
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Chemical Engineering, Chemistry & Bioengineering Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Energy Engineering Environmental Science Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics Mechanical Engineering Social Sciences Other

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Sharia-Based Liquidity Management Strategy Amidst Market Dynamics: A Qualitative Study at Bank Muamalat Indonesia Laili Norma Faseh; Moh Andrean Umami; Afifatus Zakiya; Ahmad Munir; Achmad Budi Susetyo
Values: Jurnal Kajian Islam Multidisiplin Vol. 3 No. 2 (2026)
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/values.v3i2.80

Abstract

Funding in a company can be obtained from various investment sources, on of them by issuing Islamic bonds (Sukuk). The announcement of the issuance of sharia bonds can be used as one of the information considerations in investing for investors. This study aims to analyse the capital market reaction to the issuance of Islamic bonds. This study uses event study analysis which is used to determine abnormal returns around the issuance of Islamic bonds, to find out significant differences in average abnormal returns around Islamic bonds issuance and to find out significant differences in trading volume activity around Islamic bonds issuance. The population in this study are all announcements of issuance of sharia bonds listed on the Indonesia Stock Exchange for the period 2009-2018 and then re-select companies listed on ISSI as of May 28, 2019. Event study with a window period of 21 days (t-10 to t+10). Sampling uses a purposive sampling criteria technique. Samples obtained were 55 Sukuk issuance which included 12 announcements of Islamic bonds issuance.
Quality Management in Islamic Schools (Madrasah): A Literature Review on Integrating Total Quality Management, PDCA, and Islamic Values into an IM-QM Model Ahmad Munir; Andi Abdul Muis; Syahwal Syahwal; Ramli R.; Sunarti Sunarti
ARZUSIN Vol 6 No 5 (2026): ARZUSIN: Jurnal Manajemen dan Pendidikan Dasar
Publisher : Lembaga Yasin AlSys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/arzusin.v6i5.11079

Abstract

Improving the quality of madrasah education requires the integration of modern management approaches with Islamic ethical values. This study aims to develop the Islamic Management Quality Model (IM-QM) by synthesizing Total Quality Management (TQM), the Plan–Do–Check–Act (PDCA) cycle, and core Islamic values, namely amanah, ihsan, itqan, and syura. Using a descriptive qualitative literature-review method, this study examined sources published between 2015 and 2025 from Scopus, SINTA, and Google Scholar, which were analyzed through content synthesis and triangulation. The findings indicate that TQM provides a strategic culture of continuous improvement and stakeholder orientation, PDCA offers an iterative operational mechanism for translating strategy into measurable practice, and Islamic values provide an ethical-philosophical foundation that legitimizes and humanizes quality improvement efforts. The integrated IM-QM model consists of three interdependent pillars: a philosophical pillar that embeds Islamic ethics into institutional purpose and decision-making, a managerial pillar that applies TQM principles for system-wide quality governance, and an operational pillar that uses PDCA cycles for planning, implementation, evaluation, and corrective action. The literature also identifies several implementation challenges, including partial adoption of TQM, limited translation of values into measurable indicators, resource and capacity constraints, and leadership gaps. These challenges underscore the need for participatory, value-driven leadership and measurable value-based quality indicators. This study concludes that IM-QM offers a holistic framework for strengthening academic and non-academic outcomes, stakeholder trust, institutional resilience, and religious identity in madrasah education. The study contributes to Islamic education management by proposing an integrated quality model and recommends further empirical validation through case studies, pilot implementation, and mixed-methods evaluation across diverse madrasah contexts.
Co-Authors Abdul Azis Abdul Waris Achmad Budi Susetyo Afifatus Zakiya Ahmad Adil Manan Ahmad Tasrif Ali Mustofa Alvioreta, Fara Aminuyati Andi Abdul Muis Anggun Murniati Anugrah Feri Hermanto Apriliyanti, Dewi Listia Busthomi Daniel Useng Dedianto Pasomba Diyah Yumeina Gemala Hardinasinta Haerani Hasibuan, Anjani Vicka Prasasti Him’mawan Adi Nugroho Husnul Mubarak Intan Febriana iqbal salim Junaedi Muhidong Khoirul Anam Laili Norma Faseh LIES AMIN LESTARI M. Ridwan Hambali Mahmud Achmad Mahmud Achmad, Mahmud Mayo Elsa, Destriana Moh Andrean Umami Muh Hesan Muhammad Fadil Muhammad Ilmi Safrizal Muhammad Lutfi Hardiyanto Muhammad Qayyum Hamka Muhammad Rizal Muhammad Safebriyansyah Muhammad Tahir Sapsal Munir Munir Mursalim Nur Siwi Suci Anggraini OIKUREMA PURWATI Olly Sanny Hutabarat Pista Pratiwi Retnaningdyah Ramli R. Rizki Ramadhan Rizqiyah, Anifatul Romadhona, Ghorizah RR. Ella Evrita Hestiandari Salengke, Salengke Shalahudin Serba Bagus Shofa Robbani Shofia Rafifatus Nadila Sitti Nur Faridah SLAMET SETIAWAN Sudarmin Sudarmin Suhardi Suhardi Suhardi Sunarti Sunarti Sunnatul Mufarrohah Syafiul Anam Syafi’ul Anam Syahwal Syahwal Umi Fitriyah Wahyu Hidayat WIDYASTUTI Wiwiet Eva Savitri Yoan Yulitasari Zainul Aminin Zelvia Dina Octavianti