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Islamic Insurance: A Potential Niche Market of Indonesia Effendi, Jaenal
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 10 No. 1 (2018)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v10i1.5330

Abstract

Islamic insurance in Indonesia is potentially expected to grow along with the increase in Islamic financial market. Hence, this paper aims to develop strategy and policy recommendations for stakeholders of Islamic insurance industry in Indonesia. This article applied ANP approach by classifying it into three aspects, namely problem, solution, and strategy. Problem and solution aspects consist of four clusters including internal, customer, competition, as well as regulation. Also, strategy offered is the strategy to improve the quality of service, strategy to develop the relationship and synergy between the authorities and the Islamic Financial Institutions. DOI: 10.15408/aiq.v10i1.5330
The Integration of Islamic Stock Markets of OIC Countries in China Stock Market Crisis and US-China Trade War Siswara, Deri; Effendi, Jaenal; Muthoharroh, Marhamah
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 13 No. 1 (2021)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v13i1.20820

Abstract

Abstract. The purpose of this study is to analyze the integration and response of the Islamic stock market of the OIC countries before the crisis and during the China stock market crisis, also during the United States-China trade war with the ARDL method. The results showed that there was no cointegration in the period before the China stock market crisis. However, during the period of the China stock market crisis and the United States-China trade war, the cointegration was more common. The Indonesia Islamic stock market in the two crisis periods had a long-term relationship with the US and China stock markets. In terms of the benefits of portfolio diversification for investors, there is relevance of dominant economic, geographical, and trade relations in influencing the integration of the Islamic stock market.Abstrak. Tujuan penelitian ini menganalisis integrasi dan respon pasar saham syariah negara-negara OKI sebelum dan saat terjadi krisis pasar saham Tiongkok, serta saat terjadi perang dagang Amerika Serikat-Tiongkok dengan metode ARDL. Hasil penelitian menunjukan bahwa tidak terdapat kointegrasi atau hubungan jangka panjang pada semua pasar saham syariah negara-negara anggota OKI pada periode sebelum krisis pasar saham Tiongkok. Akan tetapi, pada perode krisis pasar saham Tiongkok dan perang dagang Amerika Serikat-Tiongkok, integrasi antar pasar saham syariah di negara OKI lebih banyak ditemukan. Pasar saham syariah Indonesia dalam dua periode krisis memiliki hubungan jangka panjang dengan pasar saham Amerika Serikat dan Tiongkok. Dalam hal manfaat diversifikasi portofolio bagi investor, terdapat relevansi kekuatan ekonomi yang dominan, faktor geografis, dan hubungan perdagangan  dalam mempengaruhi integrasi pasar saham syariah.   
Faktor-Faktor yang Mempengaruhi Nisbah Bagi Hasil Nasabah pada Pembiayaan Mudharabah: Studi Kasus: KSPPS BMT Bina Ummat Sejahtera Pati Sulisyanti, Ayu; Effendi, Jaenal
Tapis: Jurnal Penelitian Ilmiah Vol 2 No 2 (2018): Tapis : Jurnal Penelitin Ilmiah
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat of Universitas Islam Negeri Jurai Siwo Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32332/tapis.v2i2.1217

Abstract

Micro business is currently getting a share of the government and financial institutions because it has an important role in increasing the economic growth of the community. Currently the development of micro-enterprises faces several problems, one of which is limited capital, therefore KSPPS BMT BUS Pati was presented as a provider of financial services for micro-entrepreneurs. KSPPS BMT BUS Pati emphasizes the use of sharia principles in its contracts, one of which is the Mudharabah financing agreement. This contract is theoretically difficult to implement in terms of profit sharing, because capital must be fully from the capital owner and the possibility of moral hazard from related parties. This study aimed to determine the factors that influence the return on profit sharing. The research method used in this study is descriptive analysis and OLS. The results of the analysis show that the factors that influence the return of profit sharing practices at KSPPS BMT BUS Pati were the relationship between BMT and customers, business sector, financing amount, length of business, and payment period.