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Journal : Journal of Applied Islamic Economics and Finance

Analisis Pengaruh Variabel Makro Ekonomi terhadap Nilai Aktiva Bersih Reksadana Saham Syariah Periode 2015-2019 Hani Nurrahmawati; Hasbi Assidiki Mauluddi; Endang Hatma Juniwati
Journal of Applied Islamic Economics and Finance Vol 1 No 2 (2021): Journal of Applied Islamic Economics and Finance (February 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (478.209 KB) | DOI: 10.35313/jaief.v1i2.2468

Abstract

The title of this research is Analysis Influence of Macroeconomic to Net Asset Value of Islamic Mutual Fund Equity period 2015-2019. The purpose of this study is to determine the effect of partially and simultaneously variables of BI Rate, Inflation, Composite Stock Price Index and Exchange Rate on Net Asset Value of Sharia Mutual Funds in Indonesia in the period January 2015 - December 2019. The dependent variable is Net Asset Value of Sharia Mutual Funds, while the independent variables are BI Rate, Inflation, Composite Stock Price Index and Exchange Rate.Types of data used in this study are secondary data sourced from OJK, IHSG-IDX and BI published between 2015-2019. All of the data will be processed panel data which is a combination of time series data and cross section data. The results of this research showed that in the partial just variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate influenced to Net Assets Value of Islamic Mutual Funds in Indonesia, and simultaneous from variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate influenced to Net Assets Value of Islamic Mutual Funds in Indonesia and the value of Adjusted R-square coefficient of determination is 0.311175 means in togetherness variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate have a contribution influenced NAV of Islamic Mutual Funds in the amount of 31%, while the rest is 69% influenced by other variables that are not included into this research.
Perbandingan Area Inefsiensi Antara Nilai Pajak dan Zakat Muthia Faridatunnisa; Mochamad Edman Syarief; Endang Hatma Juniwati
Journal of Applied Islamic Economics and Finance Vol 1 No 2 (2021): Journal of Applied Islamic Economics and Finance (February 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (472.862 KB) | DOI: 10.35313/jaief.v1i2.2478

Abstract

Tax policies set by the government can cause inefficiencies. Zakat policy is expected to minimize these inefficiencies. This research will try to compare how much inefficiency area caused by the value of tax and zakat. The data used is secondary data in the form of production from five business sectors found in Gross Domestic Product based on 2010 constant prices for the 2014-2018 period from the Central Bureau of Statistics. In this study quantitative calculations were carried out to determine the tax value, zakat value, and the area of triangle inefficiency, then after obtaining the results it would be compared to the magnitude of the triangle of inefficiency based on the value of tax and zakat. Different tests were carried out using SPSS to see whether the difference was significant or not. From the results of independent sample t-test, it is known that there are significant differences between the areas of inefficiency of the tax value and the value of zakat. This states that zakat produces inefficiency areas smaller than taxes.
Dampak Pembiayaan BUS dan UUS Terhadap Produk Domestik Bruto Indonesia Berdasarkan Lapangan Usaha Aida Azmi Nabila; Endang Hatma Juniwati; Fifi Afiyanti Tripuspitorini
Journal of Applied Islamic Economics and Finance Vol 1 No 3 (2021): Journal of Applied Islamic Economics and Finance (June 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (439.134 KB) | DOI: 10.35313/jaief.v1i3.2596

Abstract

Islamic banking has a role to encourage economic development and enhance economic growth. One way to do this is by allocating Islamic banking financing funds to all economic sectors or industrials in Indonesia. There is a mismatch between the growth statistics of financing distribution to Gross Domestic Product based on industrials consisting of seven industrial. This istudy iaims ito idetermine iwhether ior inot ithere iis ia relationship, iconstribution, and the effect iof ifinancing ichanneled on Indonesia's Gross Domestic Product. The isample iin ithis istudy was determined using ipurposive isampling. iThis iresearch imethod iis ia idescriptive imethod iwith ia iquantitative iapproach. iThe iresults iof the model test of the effect of BUS and UUS financing on Indonesia’s Gross Dometic Product based on the industrial in 2012-2019 show that not all financing has a relationship, constribution, and the effect to Indonesia’s Gross Domestic Product based on the industrial.
Pengaruh Pembiayaan terhadap PDRB Sektor Perdagangan, Hotel, dan Restoran Ditinjau dari Pariwisata Syariah Provinsi Aceh Vina Febyningtyas; Endang Hatma Juniwati; Setiawan Setiawan
Journal of Applied Islamic Economics and Finance Vol 1 No 3 (2021): Journal of Applied Islamic Economics and Finance (June 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (407.883 KB) | DOI: 10.35313/jaief.v1i3.2607

Abstract

Aceh Province is one of the provinces in Indonesia that implements and implements Islamic Law. Qanun is a statutory regulation applied in Aceh for the development of governance and community life in Aceh Province. This study aims to see whether there are a relationship and influence between BUS and UUS on the Gross Regional Domestic Product of the Trade, Hotel, and Restaurant sector. This study uses secondary data. The sample in this study was determined using probability sampling. This research method is an associative descriptive method with a quantitative approach. The analytical tool used in this study is a simple regression analysis with the help of applications. The results of the study are that there are a strong relationship and contribution as well as a positive influence between BUS and UUS Financing and the Gross Regional Domestic Product of Trade, Hotel, and Restaurant Sector of Aceh Province Period 2010-2018.
Analisis Pengaruh Faktor Fundamental, Teknikal dan Makro Ekonomi Terhadap Harga Saham Pada Perusahaan Subsektor Kimia yang Terdaftar di Indeks Saham Syariah Nabila Nurliandini; Endang Hatma Juniwati; Setiawan Setiawan
Journal of Applied Islamic Economics and Finance Vol 2 No 1 (2021): Journal of Applied Islamic Economics and Finance (October 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (596.457 KB) | DOI: 10.35313/jaief.v2i1.2907

Abstract

This research was aims to analyze the influence of fundamental factors including Current Ratio (liquidity ratio), Return on Equity (profitability ratio), Debt to Equity Ratio (solvability ratio), technical which includes trading volume and macro economy including inflation ,and exchange rates on stock prices in chemical sub-sector companies listed on the Sharia Stock Index (ISSI) for the period 2015 - 2019. The sample consisted of 17 companies. The type of data used is quantitative data sourced from the official websites of the Indonesia Stock Exchange (IDX), Bank Indonesia (BI) and the Central Statistics Agency (BPS). The sampling technique in this study used a purposive sampling technique. The data analysis technique used is panel data regression analysis. The results of this study show simultaneously the variables CR, ROE, DER, Trading Volume, Inflation, and Exchange Rates. Meanwhile partially, ROE has a positive and significant effect on the stock prices of chemical sub-sector companies listed on the Sharia Stock Index (ISSI). Meanwhile, other variables, CR, DER, Trading Volume, Inflation, and Exchange Rates partially have an effect but are not significant on the stock prices of companies listed on the Index. Sharia Shares (ISSI).
Analisis Pengaruh Pembiayaan Istishna, Qardh dan Ijarah Terhadap Return on Asset Pada PT Bank Bri Syariah Tbk Salma Aulia Devyane; Kristianingsih Kristianingsih; Endang Hatma Juniwati
Journal of Applied Islamic Economics and Finance Vol 2 No 2 (2022): Journal of Applied Islamic Economics and Finance (February 2022)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (268.269 KB) | DOI: 10.35313/jaief.v2i2.2961

Abstract

This study discusses the impact of Istishna financing, Qardh financing and Ijarah financing on the return on assets (ROA) of PT Bank Bri Syariah Tbk. affects the increase at bank income, but the data seen is not in accordance with the theory. The question raised by this research is whether Istishna financing, Qardh financing, and Ijarah financing have a partial and simultaneous impact on the return on assets (ROA). The purpose of this research is to understand the effect of Istishna's financing, and Ijarah financing having an effect on Return On Asset (ROA) partially and simultaneously at PT Bank Bri Syariah Tbk. This study is a quantitative study using second-hand data, with a sample size of 36 samples. The mandatory data technique is documentation, namely PT Bank Bri Syariah Tbk financial ratio report data published by the Financial Services Authority through the OJK website and the Bank Bri Syariah website. This study is a quantitative study using second-hand data, with a sample size of 36 samples. Data analysis techniques use classical hypothesis testing and multiple linear regression, and use SPSS version 25 tools to process the data. , qardh and ijarah return on financing assets (ROA), can be concluded from the results of the regression test, if F test with a significant level value is the output table is 0.032. This means the Significant Value <0.05. This means there is an influence between istishna, qardh and ijarah on ROA of Bank BRI Syariah Indonesia simultaneously (together).
Pengaruh Sukuk dan Faktor Internal terhadap Profitabilitas Bank Syariah Renanta Ivana Nanda Rusmawan; Endang Hatma Juniwati; Ade Ali Nurdin
Journal of Applied Islamic Economics and Finance Vol 2 No 3 (2022): Journal of Applied Islamic Economics and Finance (June 2022)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (356.899 KB) | DOI: 10.35313/jaief.v2i3.3064

Abstract

This study aims to determine the impact Sukuk and Islamic bank internal factors on the profitability BRI Syariah. This study used secondary data using BRI Syariah quarterly reports for the years 2011-2020. The independent variable used is Sukuk, CAR, FDR, NPF, and BOPO and the dependent variable used is ROE which is used as a measure of the profitability of Islamic banks. This study uses the SPSS program and uses multiple linear regression analysis. The results showed that sukuk, NPF, CAR, FDR, and BOPO simultaneously had an effect on ROE. While partially the issuance of sukuk and FDR has no significant effect on ROE, and NPF, CAR, BOPO has a negative and significant effect on ROE BRI Syariah.
Profitabilitas pada Bank Umum Syariah di Indonesia: Pengaruh Faktor Internal serta Pembiayaan UMKM Sebagai Variabel Intervening Syahla Aidah Nur Rahmah; Tjetjep Djuwarsa; Endang Hatma Juniwati
Journal of Applied Islamic Economics and Finance Vol 3 No 1 (2022): Journal of Applied Islamic Economics and Finance (October 2022)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35313/jaief.v3i1.3786

Abstract

This study analyzes the effect of Financing to Deposit Ratio, Non-Performing Financing, and Operational Efficiency Ratio on Return On Assets through MSME Financing at Islamic Commercial Banks in Indonesia. The population used is Islamic Banking in Indonesia. The research method used is quantitative research with path analysis using IBM SPSS Statistics 25 software. The data used is secondary data published by OJK during the period of 2016-2020. The results of this study indicate the following direct effects: FDR and NPF have no effect on ROA, BOPO and MSME financing have a significant negative effect on ROA, FDR has no effect on MSME financing, NPF and BOPO have a significant negative effect on MSME financing, while the indirect effect can be concluded that FDR has no effect on ROA through MSME financing, NPF has a significant positive effect on ROA through MSME financing, and BOPO has a significant positive effect on ROA through MSME financing.
Pengaruh Likuiditas, Leverage, dan Profitabilitas terhadap Harga Saham (Studi Kasus pada Bank Panin Dubai Syariah) Renazha Putri Audita; Hasbi Assidiki Mauluddi; Ade Ali Nurdin; Endang Hatma Juniwati
Journal of Applied Islamic Economics and Finance Vol 3 No 2 (2023): Journal of Applied Islamic Economics and Finance (February 2023)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35313/jaief.v3i2.3760

Abstract

This study aims to determine how the influence of liquidity, leverage, and profitability on stock prices at Bank Panin Dubai Syariah Tbk period 2014-2020. This research uses causal associative method and is included in quantitative research. The ratios used in this research are Curret Ratio, Debt To Equity Ratio, and Return On Assets. The data used is secondary data, namely financial statement data and annual stock price reports that have been published on the official pages of each bank. This study uses the classical assumption test, multiple linear regression test, and the coefficient of determination test and uses the F test and t test to test the hypothesis with the IBM SPSS version 26 tool. The results of this show that: a). Current ratio, Debt to Equity, and Return on Assets simultaneously have no significant effect on stock prices, b). High Current Ratio (CR) will affect investor interest in investing in the company, c). Debt on Equity has a significant effect on stock prices, d) Stock Return is influenced by the Current Ratio (CR), Return On Assets (ROA), and Debt to Equity Ratio (DER) of 85.7% while the remaining 14.3% is influenced by other variables not examined in this study.
Analisis Komparatif Kinerja Keuangan Bank Umum Konvensional dan Bank Umum Syariah di Indonesia dengan Metode RGEC Sonia Ulfa Fadila; Endang Hatma Juniwati; Fatmi Hadiani; Deiana Suherlan
Journal of Applied Islamic Economics and Finance Vol 3 No 2 (2023): Journal of Applied Islamic Economics and Finance (February 2023)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35313/jaief.v3i2.3772

Abstract

This study aims to analyse and compare the financial performance of Conventional Commercial Banks as the Holding Company of Banks and Sharia Commercial Banks in Indonesia in 2016 – 2020 uses the RGEC method. The Risk Profile aspect uses the ratio of NPL, NPF, LDR, FDR. The Good Corporate Governance aspect uses the GCG composite rating. The Earnings aspect uses the ratio of ROA, ROE, BOPO. The Capital aspect uses the CAR ratio. This study uses a different test using the Independent Sample T-test and the Mann Whitney test. The output of this research is there is no difference in the NPL and NPF ratio. The ratio of LDR and FDR shows that there is a difference. There is no difference in performance on the GCG composite rating. In the aspect of earnings, ROA, ROE, and BOPO, it shows that there are differences in performance. The CAR ratio shows that there are differences in performance.