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Macroeconomic Variables and the Indonesian Sharia Stock Index Sudarsono, Heri; Latifatunnisa
Journal of Islamic Economics and Finance Studies Vol 5 No 2 (2024): JIEFeS, December 2024
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v5i2.7765

Abstract

Macroeconomic development significantly impacts the movement of the Indonesian Shariah Stock Index (ISSI). This study analyzes the effects of five macroeconomic variables, namely exchange rate (ER), inflation (INF), BI Rate (BIRATE), oil price (OP), and money supply (MS) on ISSI using quantitative data from January 2015 to December 2022 and the Vector Error Correction Model (VECM) framework. The analysis revealed that in the short term, ER, INF, BIRATE, OP, and MS did not significantly affect ISSI. However, in the long-term, ER, BIRATE, OP, and MS significantly impact ISSI, whereas INF remains insignificant. Among these variables, ER and MS had the most substantial influence on ISSI. These findings underscore the importance of macroeconomic stability in shaping ISSI's long-term performance, providing valuable insights for policymakers and investors aiming to navigate the dynamic relationship between macroeconomic factors and Islamic financial markets. Maintaining macroeconomic stability is essential for supporting the growth and resilience of the Islamic financial market. Policymakers should focus on effectively managing exchange rates and money supply while fostering a stable economic environment to enhance ISSI performance.
Analysis of customer intention to save at BMT Fastabiq Jepara Sudarsono, Heri; Alghana, Ahada Dzulfikar; Ash Shidiqie3, Jannahar Saddam; El Hasanah, Lak lak Nazhat
Jurnal Ilmiah Ekonomi Islam Vol 10, No 2 (2024): JIEI : Vol.10, No.2, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i2.13177

Abstract

This research aims to analyze the intention to save at BMT Fastabiq, Jepara. This research was conducted from May to June 2023, and the data source was obtained through a survey method using a questionnaire tool that was distributed to customers at BMT Fastabiq Jepara. This research uses quantitative data processing methods with SEM PLS analysis (Partial Least Square ) using SmartPLS 4.0. The respondents in this study were 100 BMT Fastabiq Jepara customers. The variables used in this research were intention to save (INT), knowledge (KNW), products (PRD), promotions (PRM), and religiosity (RE). The results of this research reveal that products and religiosity have a positive effect on the intention to save at BMT Fastabiq Jepara, whereas knowledge and promotion do not affect customers' intention to save at BMT Fastabiq Jepara.
Does "Halalness" Affect Young Muslims' Intentions to Use the COVID-19 Vaccine? Sudarsono, Heri; Ikawati, Retty; Azizah, Siti Nur; Kurnia, Agus; Nuanmark, Ponchanok
Indonesian Journal of Halal Research Vol. 5 No. 1 (2023): February
Publisher : UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/ijhar.v5i1.19248

Abstract

Young Muslims comprise a large population in Indonesia. This study analyzes the effect of halal awareness, halal certification, attitudes, subjective norms, perceived behavior controls and vaccine quality on young Muslims' intentions to use the COVID-19 vaccine. This study involved 699 random respondents from 32 provinces in Indonesia. This research model develops Theory Planned Behavior (TPB) using structural equation modeling (SEM) with partial least squares structural equation modeling (PLS-SEM) data processing tools. The results showed that halal awareness and certificates had a P-value of <0.05 or positively affected Muslims' attitude towards vaccines. Likewise, halal awareness, attitudes, subjective norms and vaccine quality have a P-value of <0.05 and perceived behavior control has a P-value of <0.10 or positively affects Muslims' intentions to use vaccines. However, halal certification has a P-value of >0.10 or does not affect their intention to use vaccines. Islamic values remain a consideration for young Muslims in using the COVID-19 vaccine. Therefore, the government needs to include halal aspects in determining policies related to the implementation of vaccinations.
Trends and evolution in Islamic social finance research: A comprehensive bibliometric study Sudarsono, Heri; Nugrohowati, Rindang Nuri Isnaini; Mifrahi, Mustika Noor; Tumewang, Yunice Karina; Fitriyani, Yeny; Lidasan, Mussolini Sinsuat
Review of Islamic Social Finance and Entrepreneurship Volume 4 Issue 1, 2025
Publisher : Center for Islamic Economics and Development Studies [P3EI]

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/RISFE.vol4.iss1.art4

Abstract

Purpose – This study provides a comprehensive overview of the current state of Islamic social finance literature using VOSviewer analysis to identify key themes, trends, and emerging areas in this field.Methodology – A bibliometric analysis was conducted using VOSviewer to map and visualize key concepts and emerging topics in the Islamic social finance literature. The analysis focuses on the term "Islamic social finance’."Findings – The analysis confirms the foundational role of traditional concepts, such as "Islamic social finance, " in the literature and identifies emerging themes, such as the impact of Covid-19 and economic crises. These findings highlight the evolution of literature and its adaptation to contemporary global challenges.Implications – This study underscores the need to explore how established concepts in Islamic social finance can be applied to address modern socioeconomic issues. The identification of emerging themes suggests potential areas for future research, particularly regarding how Islamic social finance can contribute to solving global challenges. For practitioners, the insights gained can serve as a guide for the development of Islamic financial products that are context-sensitive and align with both traditional principles and contemporary needs.Originality – This study makes a unique contribution by using bibliometric analysis to map the evolving landscape of Islamic social finance research, highlighting both established and emerging areas of interest. The findings of this study provide valuable insights for future research and practical application in this field.
Meningkatkan Daya Saing UMKM Perempuan Surabaya: Workshop Praktis tentang Strategi Pemasaran Novie Noordiana Rachma Yulia; Agus Purbo Widodo; Wahyu Rochana; Arlisa Indriawati; Agung Pribadhi; Ady Setiawan; Heri Sudarsono; Puput Artalia
Kegiatan Positif : Jurnal Hasil Karya Pengabdian Masyarakat Vol. 3 No. 2 (2025): Juni: Kegiatan Positif : Jurnal Hasil Karya Pengabdian Masyarakat
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/kegiatanpositif.v3i2.2027

Abstract

This community service activity aimed to enhance the competitiveness of women-led Micro, Small, and Medium Enterprises (UMKM) in Surabaya by providing practical marketing strategies through a workshop. Despite their significant role in the national economy, many UMKM, especially those run by women, face challenges in marketing due to limited access to training and resources. This workshop, held at Darmo Trade Center, Surabaya, focused on providing simple yet applicable marketing strategies, such as the STP (Segmentation, Targeting, Positioning) framework and the Unique Selling Proposition (USP) to help entrepreneurs better understand their products, target consumers, and improve product differentiation. The workshop also emphasized entrepreneurial characteristics and business risk-taking. The results indicated that the participants, mostly women entrepreneurs, gained valuable insights into marketing strategies and felt more confident in applying these concepts to improve their business performance. Feedback from the participants suggested a high level of engagement and readiness to implement the strategies discussed.
Attitude, Knowledge, Motivasi, Skill dan Pengaruhnya Terhadap Kinerja Karyawan : (Studi pada Karyawan di PT. Titan Teknikatama Indonesia) Kadarisman Kadarisman; Agus Purbo Widodo; Heri Sudarsono
JUMBIWIRA : Jurnal Manajemen Bisnis Kewirausahaan Vol. 4 No. 2 (2025): Agustus : Jurnal Manajemen Bisnis Kewirausahaan
Publisher : BADAN PENERBIT STIEPARI PRESS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56910/jumbiwira.v4i2.2500

Abstract

The purpose of this study was to determine the effect of attitude, knowledge, motivation and skill simultaneously and partially on Employee Performance. This study was conducted at PT Titan Teknikatama Indonesia Jakarta, involving 75 respondents taken based on random sampling techniques. The research approach used a quantitative method that included research instrument testing, descriptive statistical analysis, multiple linear analysis, classical assumption testing, and hypothesis testing. The results showed that Attitude had a positive and significant effect on Employee Performance. Knowledge had a positive and significant effect on Employee Performance. Motivation had a positive and significant effect on Employee Performance. Skill had a positive and significant effect on Employee Performance. Attitude, knowledge, motivation and skill had a positive and significant simultaneous effect on Employee Performance. Among the independent variables, attitude has the largest contribution to Employee Performance.
Examining the contribution of Islamic bank to Indonesia economic growth Taqiyya, Faz Fachry; Sudarsono, Heri; Perdana, Andika Ridha Ayu
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 15 No. 2 (2025)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v15i2.12395

Abstract

This study thoroughly examines the impact of Islamic finance on economic growth in Indonesia, considering key variables such as total financing, total deposits, inflation, and trade openness. This study uses quarterly data covering the period from the first quarter of 2005 to the fourth quarter of 2021, providing a comprehensive overview of the dynamics between Islamic finance and economic growth for more than a decade. Through panel data regression analysis using the ARDL model, this study effectively explains the interaction between the dependent and independent variables and identifies the long-term impact of Islamic finance variables on Indonesia's economy. The findings indicate that Islamic finance positively contributes to long-term economic growth in Indonesia, with increases in total financing and deposits playing crucial roles in accelerating economic growth. These results underscore the importance of further developing the Islamic finance sector as a key driver of economic growth with significant implications for policies that support financial inclusion and macroeconomic stability. This study offers new insights for policymakers and financial practitioners to maximize the potential of Islamic finance to promote sustainable economic growth in Indonesia.
Adoption of halal Korean cosmetics among Muslim students: Insights from Islamic private universities Sudarsono, Heri; Ash Shidiqie, Jannahar Saddam; Ardiami, Kinanthi Putri; Sujono, Rusny Istiqomah; Suciningtias, Siti Aisiyah; Fitriyani, Yeni; Khasanah, Miftakhul; Ikawati, Retty; Rahmi, Asri Noer
Asian Journal of Islamic Management (AJIM) VOLUME 7 ISSUE 1, 2025
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/AJIM.vol7.iss1.art1

Abstract

Purpose – This study aimed to analyze the purchase intentions of Muslim students from private Islamic universities in Indonesia toward halal cosmetics in Korea.Methodology – This study involved 287 Muslim students from eight private Islamic universities in Indonesia. Data were analyzed using Structural Equation Modeling (SEM) with Partial Least Squares (PLS) to examine the relationships between the variables.Findings – The results reveal that attitude, brand image, country of origin, and fear of missing out (FOMO) significantly influence purchase intention. Among these, brand image exerts the strongest effect, followed by FOMO, whereas country of origin has a smaller influence. In contrast, halal knowledge and religiosity do not directly affect purchase intention, although they significantly influence attitudes.Implication – These findings underscore the importance of Korean halal cosmetic brands in building strong brand image and fostering positive consumer attitudes. Companies should focus on the perceived product quality, innovation, and alignment with values that are important to Muslim consumers. In addition, the significant role of FOMO suggests the effectiveness of marketing strategies that create urgency and exclusivity.Originality – This research is original in its focus on Korean halal cosmetic purchase intentions among Muslim students from eight Islamic private universities in Indonesia. It contributes to the understanding of how brand image, religiosity, halal knowledge, country of origin, and FOMO shape consumer behavior in the halal cosmetic market.
SISTEM INFORMASI MANAJEMEN, SISTEM PELAYANAN, GAYA KEPEMIMPINAN SERTA PENGARUHNYA TERHADAP KINERJA PEGAWAI DI KANTOR KECAMATAN KEBOMAS GRESIK Romadhan, Achmad; Sudarsono, Heri; jondar, aloysius
JEB17 : Jurnal Ekonomi dan Bisnis Vol. 10 No. 02 (2025): September
Publisher : Fakultas Ekonomi Universitas 17 Agustus 1945 Surabaya, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jeb17.v10i02.132430

Abstract

This study aims to analyze the influence of management information systems, service systems, and leadership styles on employee performance at the Kebomas District Office in Gresik. In the era of digitalization and increasing public service demands, optimizing the performance of government officials is crucial. This research employs a quantitative approach using a survey method, with questionnaires as the primary instrument. The data were analyzed using multiple regression analysis to determine both the simultaneous and partial effects of each independent variable on employee performance. The results indicate that all three independent variables significantly influence performance, with the management information system being the dominant factor. The implications of this study highlight the importance of developing information systems and participative leadership styles to improve the quality of public services. Keywords: management information system, service system, leadership style, employee performance, public service.
PENGARUH DIGITAL WORK ENVIRONMENT DAN PSYCHOLOGICAL EMPOWERMENT TERHADAP WORK ENGAGEMENT DENGAN KESEJAHTERAAN KARYAWAN SEBAGAI VARIABEL MEDIASI: STUDI KASUS RSD BALUNG JEMBER Tristati, Imelda Inka; widodo, Agus purbo; Sudarsono, Heri
JEB17 : Jurnal Ekonomi dan Bisnis Vol. 10 No. 02 (2025): September
Publisher : Fakultas Ekonomi Universitas 17 Agustus 1945 Surabaya, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jeb17.v10i02.132433

Abstract

The digital transformation in the workplace requires organizations, including hospitals, to establish adaptive, innovative, and empowering work environments. A digital-based work environment is considered an essential factor that can enhance employee engagement, particularly when supported by psychological empowerment and adequate employee well-being. This study aims to analyze the influence of the Digital Work Environment (DWE) and Psychological Empowerment (PE) on Work Engagement (WE), with Employee Well-Being (EW) as a mediating variable. The research was conducted at Balung District Hospital, Jember, involving 126 respondents selected using a proportional random sampling technique to ensure representation across both medical and non-medical staff categories. Data were collected through a structured questionnaire measured on a five-point Likert scale, which was tested for validity and reliability. The data were analyzed using Structural Equation Modeling (SEM) with the AMOS software. These results highlight the strategic role of digital infrastructure, psychological empowerment, and employee well-being in fostering higher levels of work engagement. This study is expected to contribute theoretically to the field of human resource management research and provide practical implications for hospital management in optimizing employee performance. Keywords: Digital Work Environment, Psychological Empowerment, Employee Well-Being, Work Engagement