Article Per Year (5 Year)
p-Index From 2020 - 2025
0.444
P-Index
This Author published in this journals
All Journal Sebelas Maret Business Review Journal of Islamic Accounting and Finance Research
Bimo Saktiawan
Unknown Affiliation
Religion Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Can Islamic crowdfunding support Indonesian Islamic Economic Masterplan? Trisninik Ratih Wulandari; Bimo Saktiawan; Dian Ahmad
Sebelas Maret Business Review Vol 6, No 1 (2021): June 2021
Publisher : Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/smbr.v6i1.55839

Abstract

Islamic crowdfunding is a crowdfunding platform designed to comply with Islamic principles, a collective effort to collect/raise funds to fund projects (including startups), provide financing for personal or business, and other needs through an internet platform following Islamic principles. As a country with the largest Muslim population globally, Indonesia sees this as an excellent opportunity to support its economic development. In this regard, the purpose of this article is to find out how the Islamic Crowdfunding opportunity is an alternative solution to Islamic funding in support of the Indonesian Islamic Economic Masterplan (MEKSI). Based on data from the Ministry of Finance (Kemenkeu) through the 5th Annual Islamic Finance Conference (AIFC), Islamic Fintech assets in Indonesia grew to reach 134 billion rupiahs in June 2021, representing 3 percent of total fintech assets in Indonesia. From this data, it can be interpreted that the opportunity for Islamic Crowdfunding, which is one of the products of Islamic Fintech as alternative funding, is still very wide open. Using SWOT analysis, we find in this paper that Islamic Crowdfunding could be an alternative to Islamic funding in Indonesia. Therefore, it is expected that the government and related agencies, especially the Financial Services Authority (OJK), can take the right steps in managing Islamic crowdfunding. It is also expected that Muslims can participate in campaigning or supporting the Indonesian Islamic Economic Masterplan (MEKSI) through Islamic Crowdfunding.
Islamic financing and firm performance: evidence from Indonesia Aiman Aiman; Tastaftiyan Risfandy; Ahmet Faruk Aysan; Bimo Saktiawan
Journal of Islamic Accounting and Finance Research Vol. 7 No. 1 (2025)
Publisher : Universitas Islam Negeri Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiafr.2025.7.1.25148

Abstract

Purpose - This paper analyzes the impact of financing decisions on firm performance. In particular, the effect of Islamic financing on financial profitability. Method - We use a sample of 87 non-financial firms from 2018 to 2022 listed on the Indonesia Stock Exchange and yields 434 observations after selected companies that use Islamic financing as a sample criteria. The data comes from audited annual report and the Osiris database. To analyze the data, this research employs a quantitative method with the random effect regression technique. Result - Our findings shows that Islamic financing can affects firm performance. The firm can use Islamic financing as a strategic financial decision and as alternative source of financing that can improve firm performance. Implication - This paper calls for policymakers, specifically top executive management, to pay more attention to and consider Islamic financing as an alternative to corporate financing in relation with the company's capital structure. Regulators also should encourage and improve regulations to support and facilitate the infrastructure of Islamic finance. Originality - This study expands the empirical studies in finance particularly in the area capital structure.
Co-Authors Ahmet Faruk Aysan Aiman Aiman Dian Ahmad Tastaftiyan Risfandy Trisninik Ratih Wulandari