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Journal : Proceeding ISETH (International Summit on Science, Technology, and Humanity)

The Impact of Carbon Emission Disclosure, Green Investment, and Environmental Performance on Company value with Media Exposure as a Moderating Variable Mubarok, M. Malik; Rosyadi, Imron
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2024: Proceeding ISETH (International Summit on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/iseth.5390

Abstract

The objective of this study is to examine the impact of carbon emission disclosure, green investment, and environmental performance on firm value, and to evaluate the role of media exposure as a moderating variable. The research method employed is quantitative, with data analysis conducted using Smart6 PLS. The sample comprises 175 data points from seven companies over the period 2019-2023. The findings of the study demonstrate that there is a statistically significant negative relationship between carbon emission disclosure and firm value. This implies that a high level of emission disclosure can lead to a reduction in the market value of a company. The results indicate that green investment does not have a significant effect on firm value. This suggests that the impact of green investment on firm value may be indirect or insignificant. In contrast, environmental performance demonstrates a significant positive effect on firm value, indicating that an increase in environmental performance is correlated with an increase in market value. Furthermore, the findings revealed that media exposure did not reinforce the favourable impact of environmental performance but, conversely, served to exacerbate the detrimental effect of carbon emission disclosure. The results of this study underscore the necessity of incorporating public and media perceptions into a company's sustainability strategy. Overall, this study offers comprehensive insights into the manner in which environmental sustainability factors influence firm value, both directly and through the role of the media.
ChatGPT and Ijtihad in Shariah Economic Law Nugroho, Bramantyo Suryo; Rosyadi, Imron; Isman, I
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2023: Proceeding ISETH (International Summit on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/iseth.5159

Abstract

ChatGPT, as an AI representation, can understand human language and provide responses simulating human interactions. In the context of Islamic law, this technology can assist scholars in interpreting Shariah economic laws by processing information from primary sources such as the Quran, Hadith, and Islamic literature. However, the use of ChatGPT in ijtihad for Shariah economic law poses complex challenges. This technology has limitations in understanding the context of Islamic legal principles and the nuanced language crucial for interpreting Islamic law. Additionally, ethical aspects are crucial, particularly in issuing fatwas or ijtihad related to Shariah Economic Law. This research aims to explain the concept of ijtihad from the perspective of Islamic law and address whether ChatGPT can act as a giver of fatwas in the aspect of Shariah Economic Law. This research employs a descriptive qualitative approach with a normative phenomenological approach. Primary data is gathered from literature sources and references on Islamic law, while secondary data is obtained from ChatGPT responses to the given prompts. The research concludes that ChatGPT, as a technological advancement, offers an ijtihad model that transcends time. However, ChatGPT has not yet been capable of being utilized as a giver of fatwas in the aspect of Shariah Economic Law. This is due to: (a) ChatGPT's difficulty in recognizing and comprehending words with specific and profound contexts, and (b) input data sourced from big data cannot guarantee the authenticity of the data when used for making legal decisions, particularly in Shariah Economic Law. There has not been a detailed study discussing ChatGPT as a means of ijtihad, specifically as a provider of fatwas in the domain of Shariah Economic Law.
The Concept of Istihsan and Its Application in Sharia Economic Fatwas Annisa, Indira Rahma; Isman, I; Rosyadi, Imron
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2025: Proceeding ISETH (International Summit on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the concept of istihsan in usul al-fiqh and examine its relevance and application in sharia economic fatwas as a response to the complexity of modern economic transactions that cannot always be resolved through general rules or qiyas jali. The research methodology used is a qualitative approach with a library research type and is normative in nature, with primary data in the form of fatwas from the National Sharia Council-Indonesian Ulema Council (DSN-MUI) relating to contemporary contracts and transactions, such as salam contracts, istisna', mu'āṭāh sales, sharia electronic money, and sharia fintech services, as well as secondary data in the form of ushul fikih and fikih muamalah literature. The analysis was conducted through content analysis and comparative-argumentative analysis to assess the shift in legal rulings from qiyas jali to the istihsan approach. The results of the study show that istihsan is used explicitly in sharia economic fatwas through various forms, such as istihsan bi al-nash, istihsan bi al-maslahah, and istihsan bi al-'urf, in order to realize benefits, justice, and convenience without violating the basic principles of sharia, particularly the prohibition of usury, gharar, and injustice. This study confirms that istihsan is a valid and relevant method of ijtihad in the development of Islamic economic fatwas, and has original value in demonstrating the adaptability of Islamic law to contemporary economic dynamics while remaining oriented towards the maqashid of Sharia.
Disharmony of Zakat Profession Nisab in Regional Zakat Management Organizations: Regulatory Impact Analysis (RIA) Based on the Minister of Religious Affairs Regulation of the Republic of Indonesia Number 31 of 2019 Budiarto, Muhamad Agung; Rosyadi, Imron
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2025: Proceeding ISETH (International Summit on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Purpose: This study examines the inconsistency in the application of zakat profession nisab in regional zakat institutions, particularly those using the silver nisab for zakat obligations, contrasting with the gold nisab in the Minister of Religious Affairs Regulation of the Republic of Indonesia Number 31 of 2019 on Zakat Management. This practice has led to significant differences in administrati ve effectiveness and compliance with Islamic legal principles. The purpose is to analyze the impact of using the silver nisab on legal legitimacy, social justice, and regulatory compliance in zakat institutions. Methodology: This study uses a qualitative descriptive approach through in-depth interviews, institutional policy observation, and regulatory impact analysis (RIA) of PMA No. 31 of 2019. The study analyzes the effects of the silver nisab in zakat instituti ons, focusing on legal and social implications, and how it influences zakat collection and compliance with Islamic law and state regulations. Results: The results indicate that the silver nisab policy expanded the zakat base and increased zakat collection, but reduced compliance with both Islamic law and state regulations. This finding highlights the need for policy adjustments to ensure zakat institutions remain compliant with both sharia and national legal frameworks. Applications/Originality/Value: The study provides valuable insights into the effects of nisabpolicies on zakat collection and compliance. It highlights the need for coordinated policy efforts to balance zakat collection effectiveness with adherence to sharia principles. This research contributes to the understanding of zakat management in Indonesia and offers recommendations for improving zakat compliance.
Co-Authors . Haryadi . Kholik ., Rafiqurahman A.S, Putra Wisnu Abdul Aziz Abdul Rahman Siregar, Abdul Rahman Abdul Rozak Achmad Soeharto Ade Irman, Ade Agung Mubyarto Agung Sudrajad Agustianto, Bima Ahmad Sarbini, Ahmad Ahyani, Fatchan Alfian Alfian Alhidayany, Desriza Amri , Amri Ana Maulana, Ana Andi Hasad Andika Aprilianto, Andika Anggun, Nita Putri Angkasa, Winoto Annisa, Indira Rahma Apristiani, Afita Argamjav, Bayanzul Arief Wisnu Wardhana, Arief Wisnu Ariesmunandar, Ariesmunandar Arif Octa Arisandi Arifin, Mohamad Zaenal Asep Kusnadi, Asep Asep, Mohamad Ashim Asia, Siti Nur Aulia Aulia Azhar Alam Azis Wisnu Widhi Nugraha Baasith, Muhammad Badri, Muhammad Arifin Badruddin ., Badruddin Badrus Samsul Fata Bisri, Abdul Mukti Budiarto, Muhamad Agung Cahaya, Renata Cahyaningtias, Cindy Eka Cantika, Rizkha Arum Christin Marganingsih Santosa Conti Morales, Alberto Emmanuel Damayanti, Nurliaeka Daru Tri Nugroho Deni Iskandar Dewi, Putri Ayu Nuraini Dhimas Satria Dwi Tantya, Ega Aulia Dwinanto Dwinanto Dzil Jalal, A M Fadli Eko Sugiarto Elvri, Rini Erma Rusdiana Erny Listijorini Estetika, Rio Fachry Abda El Rahman Fahruddin Ali Sabri Faiza, Nurul Falasifah Ani Yuniarti, Falasifah Ani Fasya, M Haykal Fasya, M. Haykal Fitria, Mawaddatul Fitriani, Mustika Fuad, Helmy Ziaul Gunarto, Toto Hadi Wahyudi Hania Sumarni Haryadi - Hasan, Mohammad Abdul Kholiq Hazlia, Alya Zahwa Ayu Herdiana, Herdiana Hikmatulloh, Alifsyah Husain, Muhammad Irsyad Indriani, Heni Ipick Setiawan Isman Isman, I Istianah Istianah Isykarima, Azam Jaih Mubarok Joko Prastowo Julia, Inggrit Kahar, Aisyah Karisma, Dwi Pratika Karmanah, Karmanah Khaerani, Kirana Khairat, Imalatul Khazin, A. Mufti KHOERULLATIF, FAHMI Kosim . Kusbaryanto Kusumastuti, Arifah Dewi Lestari, Nanda Wilda Linda Astuti, Linda Lukmanul Hakim Maisu, Mr. Anat Mawadi, Habloel Ma’arif, Wildan Mufti Mohammad Isfironi Mubarok, M. Malik Muh Nur Rochim Maksum Muhammad Husnur Rofiq Muhammad Taufik Hidayat, Muhammad Mukhammad Nur Hadi Munawaroh, Muhammad Muthoifin Na:am, Muh Fakhrihun Nathania, Maurizza Ni Ketut Caturwati, Ni Ketut Ningsih, Erlin Indaya Nor Wijaya, Rendra Novita Sari, Lia Novitasari, Mistati Nugroho, Bramantyo Suryo Nugroho, Fajar Surya Tri Nugroho, Wisnu Adji Oktavia, Reza Putri Oktavian, Hanafi Ryo Oktridarti, Levy Pahmiyatul Ilmi, Diki Paningal, Badarbendu Parwito Parwito, Parwito Perwithosuci, Winny Prasetyo, Tri Hari Pratama, Novreza Purnomo, Widhiatmoko Herry Purwanto, Burhan Eko Qolbi, Fikri ‘Ainul Rahmat Rahmawati, Zulfah Rais Sayyaf, Chaidhir Ratna Nugraheni, Yudhi Ridha, Sayyid Ridlwan Kamaluddin Ridwan, Adang Rina Lusiani Rina Susanti Risqy Safitri, Adira Cahya Rizka Rizka, Rizka Robbani, Muhammad Robbani Ridho Romdhon, Taufik Pathu romi wiryadinata Rozikin, Opik Rudiyanto, Mohammad S, Christin Marganingsih Sa'diyah, Siti Sami'an, Sami'an Saputra, Ehsan Tri Sargo, Sugiarto Semendawai, Abdul Setyawati, Almasah Farah Diah Setyowat, Eni Sham, Fariza Md shinta, Seftya dwi Shofi, Muhammad Aminuddin Sholihah, Mar'ati Sinatra, Ryan Dede Siti Asiah Soedarmanto Indarjulianto Sri Warjiyati Sridadi, Tri Witjaksono Suhendar, Megayana Indritia Sulistianingsih, Erlisa Suliyanto, Eko Suliyono Suliyono, Suliyono Sulthon, M Sunardi Sunardi Sururi Susanto, Prio Sutrisna, Marlin Syamsul Fatoni Syamsul Hidayat Taftazani, Alhilal Hilbram Tika, Yori Manis Tri Mulyono Triesa, Sevira Ananda Umair, Kuswoyo Abu Vefiadytria, Eza Agfonicha Wahyudi, Hadi Warnadhani, Etmin Widastuti, Atry Tresya Widiyastuti, Dini Laili Winasis Winasis Yanuartono Yayuli Yoyo Hambali Yuliawan, Deddy Zaimuddin, Ashlaha Baladina Zeti Nofita Sari Zulfian, Moch Rifqi Putra