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All Journal I-Finance Journal Intizar NUKHBATUL 'ULUM : Jurnal Bidang Kajian Islam Al Huquq : Journal of Indonesian Islamic Economic Law Jurnal Ekonomi EBAMUKAI; JURNAL PENGABDIAN ILMU PENGETAHUAN DAN TEKNOLOGI Journal of Ekonomics, Finance, and Management Studies UNM Journal of Technology and Vocational
Faizal Amir
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Religion Agriculture, Biological Sciences & Forestry Arts Humanities Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Physics Public Health Social Sciences Other

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Journal : Jurnal Ekonomi

 1 
Analysis of Halal Certification Readiness Level and Strategy to Increase Competitiveness of MSMEs in Bangkalan Regency: Porter Diamond Model Faizal Amir; Fajar, Fajar
Jurnal Ekonomi Vol. 13 No. 02 (2024): Jurnal Ekonomi, Edition April - June 2024
Publisher : SEAN Institute

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Abstract

Bangkalan Regency is one of the districts in Indonesia where 98.86 of its population are Muslims. In addition, Bangkalan is also known as the City of Dhikr and Solawat. This shows that the production and availability of halal products are very urgent to be the main concern due to the strong identity of Islam. This study is expected to be able to measure the level of readiness of MSMEs in Bangkalan Regency to carry out halal certification and prepare strategies to increase competitiveness through a questionnaire that has been prepared, considering the potential of Bangkalan Regency as a Muslim region and has many superior MSMEs that are also export-oriented. The purpose of this study specifically is to analyze the level of readiness of MSMEs in Bangkalan Regency to carry out halal certification and prepare strategies to increase their competitiveness. This study is descriptive quantitative. The research technique is a survey using questionnaires and interviews as data collection tools in addition to literature studies. There are four MSMEs that are the samples of this study, namely Lamora MSMEs, sempeng cracker producers, Terung MSMEs, Budi Jaya MSMEs and Satru MSMEs. Employing a rigorous assessment methodology, this study utilized the Macroergonomic Organizational Questionnaire Survey (MOQS) and instruments derived from the LPPOM MUI Halal Assurance System's eleven criteria and Porter's Diamond Model to evaluate the preparedness of Micro, Small, and Medium Enterprises (MSMEs) for halal certification. The analysis reveals a spectrum of readiness, with Budi Jaya MSMEs, a processed salak producer, demonstrating the highest level of preparedness, while Lamora, Terung, and Satru MSMEs require strategic enhancements in various operational aspects to meet halal certification standards. Crucially, in anticipation of the JPH Law's enforcement, all assessed MSMEs are urged to proactively strengthen their halal branding, necessitating a concerted focus on facility upgrades, the sourcing of certified halal materials, and the refinement of overall product identity.
Analysis Of The Effect Of Inflation, Exchange Rate, BI Rate On Islamic Insurance In 2018-2022 Faizah Ariestya Anam; Faizal Amir
Jurnal Ekonomi Vol. 13 No. 02 (2024): Jurnal Ekonomi, Edition April - June 2024
Publisher : SEAN Institute

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Abstract

Takaful is the first sharia insurance in Indonesia, established in 1994 and growing very fast. According to AASI research, Indonesia's share of Islamic insurance increased by 51.89% from June 2021 to 11.55 trillion rupiah. Investments in Islamic insurance companies must comply with regulations set by the Ministry. To achieve the target investment return, the institution is inseparable from various external factors that affect macroeconomic indicators. This study aims to determine how Exchange Rate, BI Rate, and inflation will affect Sharia Insurance in 2018-2022. This research uses quantitative research methodology and secondary data collection techniques. The data used in this study are monthly data from each variable and use VECM Model. The research results obtained are: The stationarity test in this test is stationary in the First Difference, in the optimal lag test it is known that the 5th lag is selected, in the VAR stability test it is known that the model is stable and passes the stability test where the model module is below 1. Vector Error Correction Model (VECM) will be tested to determine its impact. The long-term relationship between variables is indicated by the cointegration test results. Therefore, it is imperative to conduct additional testing using VECM analysis. There are two variables that are highly significant in the long-term model, namely Exchange Rate, and Bi Rate, while none of them significantly affect the movement of Islamic Insurance in the short term.The contribution of this research is to provide an update on how macroeconomic variables affect Islamic insurance with, there has been no other research that conducts this research with the VECM model, so this research is the first research that explains how macroeconomic variables affect Islamic insurance with the VECM model.
Co-Authors Akbar Subharsa Amiruddin Andi Saddia Ariyanto Aulia Rahmadhani Dalilatud Diniyah Darmawang Elfira Maya Adiba Faizah Ariestya Anam Fajar Fajar Fajar Idrus bin Mohammad Aidid Jalaludin Ramlah Rusyadi SUTRISNO Syamsi, Achmad Badarus Tsania Hayatun Thoyyibah