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Knowledge and Awareness of Islamic Financial in Europe And America Countries Ernawati, Ernawati; Asri, Mansyur
IQTISHADIA Vol 13, No 1 (2020): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v13i1.7207

Abstract

This study aims to determine the correlation between knowledge and awareness with industrial development, state religious status and state location. The data is sourced from secondary references of IFG-IFDI publication for the 2019 period on 42 countries in the European and American Continent. Data is processed through correlation analysis. The results show that  Islamic financial knowledge correlates with the level of scientific awareness.  Islamic financial knowledge and awareness of Islamic finance are positively correlated with the development of 4 (four) segments of Islamic finance, namely: Islamic banking, takaful, other Islamic finance, and sukuk; and does not correlate with the Islamic funds. The countries with a Muslim majority population will be more active in developing activities related to the Islamic financial industry.  There other side, there is no significant correlation between knowledge and awareness of Islamic finance with the continet location of the country. The research findings recommend an inclusive awareness movement so that it unites the academic and the public aspects in Islamic financial campaigns.
Knowledge and Awareness of Islamic Financial in Europe And America Countries Ernawati, Ernawati; Asri, Mansyur
IQTISHADIA Vol 13, No 1 (2020): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v13i1.7207

Abstract

This study aims to determine the correlation between knowledge and awareness with industrial development, state religious status and state location. The data is sourced from secondary references of IFG-IFDI publication for the 2019 period on 42 countries in the European and American Continent. Data is processed through correlation analysis. The results show that  Islamic financial knowledge correlates with the level of scientific awareness.  Islamic financial knowledge and awareness of Islamic finance are positively correlated with the development of 4 (four) segments of Islamic finance, namely: Islamic banking, takaful, other Islamic finance, and sukuk; and does not correlate with the Islamic funds. The countries with a Muslim majority population will be more active in developing activities related to the Islamic financial industry.  There other side, there is no significant correlation between knowledge and awareness of Islamic finance with the continet location of the country. The research findings recommend an inclusive awareness movement so that it unites the academic and the public aspects in Islamic financial campaigns.
Knowledge and Awareness of Islamic Financial in Europe And America Countries Ernawati Ernawati; Mansyur Asri
IQTISHADIA Vol 13, No 1 (2020): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v13i1.7207

Abstract

This study aims to determine the correlation between knowledge and awareness with industrial development, state religious status and state location. The data is sourced from secondary references of IFG-IFDI publication for the 2019 period on 42 countries in the European and American Continent. Data is processed through correlation analysis. The results show that  Islamic financial knowledge correlates with the level of scientific awareness.  Islamic financial knowledge and awareness of Islamic finance are positively correlated with the development of 4 (four) segments of Islamic finance, namely: Islamic banking, takaful, other Islamic finance, and sukuk; and does not correlate with the Islamic funds. The countries with a Muslim majority population will be more active in developing activities related to the Islamic financial industry.  There other side, there is no significant correlation between knowledge and awareness of Islamic finance with the continet location of the country. The research findings recommend an inclusive awareness movement so that it unites the academic and the public aspects in Islamic financial campaigns.
Pembiayaan Optimal dan Korelasinya Terhadap Alokasi Pembiayaan pada Bank Umum Syariah di Indonesia Ernawati Ernawati; Mansyur Asri
IQTISHODUNA: Jurnal Ekonomi Islam Vol 8 No 2 (2019): Oktober
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (325.209 KB) | DOI: 10.36835/iqtishoduna.v8i2.374

Abstract

Islamic Commercial Banks in Indonesia behave risk averse, which is indicated by financing based on murabaha. The focus of this research is to examine the composition of optimal financing and its correlation to the allocation of financing at the Islamic Commercial Bank. The research data was obtained through the publication of the Indonesian Financial Services Authority with an analysis period of June 2014 to December 2017. There were 13 types of financing allocated by Sharia commercial banks in Indonesia, but based on the completeness of the data, the types of financing estimated were 9 types. Data analysis is used with the mean variance and correlation. Calculation of data using the Excel Solver program. The results showed: (1) the composition of optimal financing at the Islamic Commercial Bank consisted of seven types of financing, and was based on four main groups, namely: mudharaba rupiah, murabaha forex, murabaha rupiah, and istisna rupiah; and (2) the composition of optimal financing and the composition of financing allocations to Islamic banks showed a low correlation; and (3) qardh financing which is the last ranking in the optimal portfolio composition, is still prioritized by Islamic Commercial Banks; driven by the sharia function on adapts non-commercial purposes.
THE EFFECT OF KNOWLEDGE AND REGULATION TOWARD THE ISLAMIC FINANCIAL INDUSTRY DEVELOPMENT Mansyur Asri; Ernawati Ernawati; Ambo Wonua Nusantara
AMWALUNA (Jurnal Ekonomi dan Keuangan Syariah) Vol 5, No 2 (2021)
Publisher : Univeristas Islam Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (327.55 KB) | DOI: 10.29313/amwaluna.v5i2.5950

Abstract

The development of Islamic finance industry in many countries, it has not been in line with the Moslem population, because beside the potential demand reason, theIslamic financial industry services is also influenced by knowledge and regulation support.This study aims to determine the effect of knowledge and regulation toward the development of the Islamic financial industry. The study uses secondary data from ICD publications in  2013-2019 period for 41 countries. The data were analyzed using the panel data regression and moderating variables, where knowledge has been estimated as a moderating variable for the regulations effect on the Islamic financial industry development. The results showed that: (1) the regulation and the level of knowledge had a positive significant effect to the  Islamic finance industry development; and (2) the knowledge variable becomes  the moderator between regulation and the development of the Islamic financial industry. This shows that the knowledge would encourage the strengthening of the regulatory effect on the development of Islamic finance.
Knowledge and Awareness of Islamic Financial in Europe And America Countries Ernawati Ernawati; Mansyur Asri
IQTISHADIA Vol 13, No 1 (2020): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v13i1.7207

Abstract

This study aims to determine the correlation between knowledge and awareness with industrial development, state religious status and state location. The data is sourced from secondary references of IFG-IFDI publication for the 2019 period on 42 countries in the European and American Continent. Data is processed through correlation analysis. The results show that  Islamic financial knowledge correlates with the level of scientific awareness.  Islamic financial knowledge and awareness of Islamic finance are positively correlated with the development of 4 (four) segments of Islamic finance, namely: Islamic banking, takaful, other Islamic finance, and sukuk; and does not correlate with the Islamic funds. The countries with a Muslim majority population will be more active in developing activities related to the Islamic financial industry.  There other side, there is no significant correlation between knowledge and awareness of Islamic finance with the continet location of the country. The research findings recommend an inclusive awareness movement so that it unites the academic and the public aspects in Islamic financial campaigns.
Apakah Kurva Phillips Eksis Pada Perekonomian Indonesia di Masa Pandemi Covid-19? Ernawati Ernawati; Mansyur Asri
Journal of Business and Economics Research (JBE) Vol 3 No 1 (2022): February 2022
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/jbe.v3i1.1668

Abstract

The Covid-19 pandemic has resulted in low demand for goods and services. The price level tends to be low. Meanwhile, the unemployment rate tends to be high due to weak demand. This condition appears to be in line with Phillips' view of the trade-off between the inflation rate and unemployment. This study aims to examine whether the Phillips curve phenomenon applies to the Indonesian economy during the Covid-19 pandemic. The research data was obtained from the publication of the Statistics Indonesia (BPS) with 34 provinces of analysis unit, period 2020. The data were analyzed using correlation and difference tests. The results show that the Phillips curve does not exist for the case of Indonesia nationally, but only exists in the Eastern Region of Indonesia. The results also show that there is no significant difference between inflation and unemployment rates in the group of provinces that implement Large-Scale Social Restrictions (pembatasan sosial berskala besar, PSBB) during the pandemic and those that do not implement PSBB. This paper recommends a more streamlined coordination of monetary and fiscal policies with the goal of achieving price stability for monetary policy and reducing unemployment for fiscal policy
Pembiayaan Optimal dan Korelasinya Terhadap Alokasi Pembiayaan pada Bank Umum Syariah di Indonesia Ernawati Ernawati; Mansyur Asri
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 8 No. 2 (2019): Oktober
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (325.209 KB) | DOI: 10.36835/iqtishoduna.v8i2.374

Abstract

Islamic Commercial Banks in Indonesia behave risk averse, which is indicated by financing based on murabaha. The focus of this research is to examine the composition of optimal financing and its correlation to the allocation of financing at the Islamic Commercial Bank. The research data was obtained through the publication of the Indonesian Financial Services Authority with an analysis period of June 2014 to December 2017. There were 13 types of financing allocated by Sharia commercial banks in Indonesia, but based on the completeness of the data, the types of financing estimated were 9 types. Data analysis is used with the mean variance and correlation. Calculation of data using the Excel Solver program. The results showed: (1) the composition of optimal financing at the Islamic Commercial Bank consisted of seven types of financing, and was based on four main groups, namely: mudharaba rupiah, murabaha forex, murabaha rupiah, and istisna rupiah; and (2) the composition of optimal financing and the composition of financing allocations to Islamic banks showed a low correlation; and (3) qardh financing which is the last ranking in the optimal portfolio composition, is still prioritized by Islamic Commercial Banks; driven by the sharia function on adapts non-commercial purposes.
The impact of final demand on energy sectors' interregional output Ernawati Ernawati; Muhammad Natsir; Mansyur Asri
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 11 No. 5 (2023): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/ppd.v11i5.25044

Abstract

This study investigates the influence of aggregate demand on the interregional energy sector in Indonesia, aiming to ascertain whether the proximity of regions impacts the demand within the energy sector. Utilizing data from the Input-Output Indonesia Interregional Table, this research encompasses six regions: Sumatra, Java, Bali & Nusa Tenggara, Kalimantan, Sulawesi, and Maluku & Papua. The energy sectors analyzed include oil, gas & geothermal mining, coal & lignite mining, coal industry & oil, gas refinery, and electricity and gas procurement & ice production. Findings indicate that the electricity sector exhibits relatively high sensitivity and dispersion power indices, whereas the gas procurement & ice production sectors display low sensitivity and dispersion power indices. Exports are identified as the primary contributors to the Oil, Gas, & Geothermal Mining and Coal & Lignite Mining sectors. Conversely, household consumption has the most significant impact on the other sectors. Crucially, the study reveals that the effect of a region's final demand on the output of another region is not directly correlated with geographical proximity. This insight leads to the recommendation that energy supply procurement policies should consider other regions' demands and economic developments, particularly those substantially influencing output enhancement.
Do Digital Competitiveness and Government Efficiency Affect Macroeconomic? An Evidence From Asia-Pacific Countries Ernawati Ernawati; Muhammad Natsir; Mansyur Asri
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.34339

Abstract

Research Originality: This research divided the dimensions of digital competitiveness into knowledge, digital policy, and IT integration. The digital competitiveness variable was estimated simultaneously with government efficiency in influencing macroeconomic performance in Asia Pacific countries. This research proved the important role of responsive digital policies and government efficiency in driving the macroeconomy.Research Objectives: This research aimed to determine the effect of digital competitiveness and government efficiency on macroeconomic performance.Research Methods: Data was sourced from the International Institute for Management Development (IMD) publication from 2019 to 2022 for 13 Asia Pacific countries. The digital competitiveness considered in this research is knowledge, digital policy, and IT integration variables. Data was analyzed and processed using panel data regression.Empirical Results: The result showed that digital policy variables reduced macroeconomic performance, while government efficiency positively affected macroeconomic performance. Furthermore, the digital knowledge and IT integration variables did not significantly affect macroeconomic performance.Implications:  This research has significant implications for the development of responsive digital policies that promote macroeconomic performance. It also underscores the importance of governance by the government in controlling the high-cost economy to encourage productivity and macroeconomic performance. These implications provide valuable insights for policymakers and professionals in the field of economics and digital policy.JEL Classification: E60, H11, O39How to Cite:Ernawati, E., Natsir, M., & Asri, M. (2024). Do Digital Competitiveness and Government Efficiency Affect Macroeconomy? An Evidence from Asia Pacific Countries. Etikonomi, 23(2), 481-496. htttps://doi.org/10.15408/etk.v23i2.34339.