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Analisis Faktor-Faktor yang Memengaruhi Ketahanan UMKM Makanan dan Minuman Bersertifikat Halal saat Pandemi COVID-19 di Kota Banda Aceh Wahyu Viariani; Deni Lubis; Marhamah Muthohharoh
AL-MUZARA'AH Vol. 10 No. 1 (2022): AL-MUZARA'AH (June 2022)
Publisher : Department of Islamic Economics, IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jam.10.1.33-45

Abstract

The existence of the COVID-19 pandemic has implications for the global economic sector, including in Indonesia. The decline in economic performance is not only felt by large multinational and national companies, but also by MSME players. This research aims to examine the factors of resilience of MSMEs during the COVID-19 pandemic, so that the results of this research can be a survival strategy for MSMEs, especially during the pandemic. The research data was collected through an interview process with 100 food and beverage MSME actors who have halal certification and who do not have halal certification in Banda Aceh City. After that, MSMEs will be grouped into MSMEs that have resilience and do not have resilience for further analysis. The analysis method used in this research is descriptive analysis and logistic regression analysis. Based on the research results, the factors that positively and significantly affect the resilience of MSMEs during the COVID-19 pandemic are the characteristics of entrepreneurship and government support.
The effect of mergers, BOPO, NPF, growth, and the BI rate on murabahah margin income in Islamic mortgage products at Bank Syariah Indonesia Deni Lubis; Olga Aulia Pranayutantri; Marhamah Muthohharoh
Jurnal Internasional Ekonomi Islam Vol 5 No 01 (2023): International Journal of Islamic Economics
Publisher : The Postgraduate of Institut Agama Islam Negeri Metro Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32332/ijie.v5i01.6750

Abstract

This study aims to analyze the effect of mergers, economic growth, the volume of murabaha financing, Bank Indonesia interest rates, and other variables on murabaha income on sharia pawn products at Bank Syariah Indonesia. The results of this study indicate that murabaha margin income is used as the dependent variable in this study. Dummy variables, five independent variables that have a large influence on the results, two independent variables that do not have a significant impact on the results, and one dummy variable are one of the seven independent variables used in this study. The model used is multiple linear regression with the OLS method. The findings of this study indicate that neither inflation nor fluctuations in the volume of murabaha financing have a significant effect on income from murabahah margins. Income from murabaha margins, however, is very negatively affected by non-performing financing (NPF) variables. Operating expenses as a percentage of operating income (BOPO), BI rate, growth, and aggregation dummy all have a large beneficial impact on earnings on murabahah margins.
Investment strategy on indonesia islamic stocks using Greenblatt Magic Formula Setiawan, Alfianto Hendry; Fitri, Resfa; Muthohharoh, Marhamah; Irfany, Mohammad Iqbal
International Journal of Financial, Accounting, and Management Vol. 5 No. 3 (2023): December
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/ijfam.v5i3.1322

Abstract

Purpose: This study analyzes the portfolio form based on the Magic Formula investment strategy introduced by Greenblatt (2006). Research methodology: The portfolio formed is evaluated using the Sharpe, Treynor, and Jensen indices. Results: The results show that the Magic Formula investment portfolio provides higher returns than the reference index from June 2018 to May 2021, specifically -1.45% compared to -3.26%. The performance evaluation value of the Magic Formula investment portfolio was better than that of the reference index. Limitations: Although the Magic Formula portfolio performs well during the study period, investment portfolios can also be built and evaluated using other portfolio formulas. Contribution: This evidence shows that the Greenblatt Magic Formula investment strategy performs well because it can provide a greater return with less risk.
Faktor–Faktor yang Memengaruhi Tingkat Literasi Keuangan Syariah pada Mahasiswa Muslim di Bogor Puspita, Amelia Tri; Lubis, Deni; Marhamah Muthohharoh
AL-MUZARA'AH Vol. 9 No. 1 (2021): AL-MUZARA'AH (June 2021)
Publisher : Department of Islamic Economics, IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jam.9.1.1-20

Abstract

The Indonesian Financial Services Authority (OJK) has targeted college students as one of the priority targets of their financial education programs in Indonesia. This research aimed to analyze the level of Islamic financial literacy of college students in Bogor; and analyze the factors that influence their level of Islamic financial literacy. The independent variable used in this study is the score of Islamic financial literacy. While gender, university, Grade Point Average (GPA), sources of information and religiosity are used as the dependent variables. The data analysis is conducted using the descriptive analysis and Structural Equation Modeling Partial Least Square (SEM-PLS). The estimation results showed that the level of Islamic financial literacy towards Muslim students in Bogor is 50.2% and is classified as sufficient literate. The study found that gender and university have positively and significantly influenced the level of Islamic financial literacy of Muslim students in Bogor.
PENGUATAN PENGELOLAAN RUMPON IJUK UNTUK PENGENDALIAN INFLASI KOMODITAS PERIKANAN DI KABUPATEN ACEH BARAT Hafinuddin, Hafinuddin; Rizal, Muhammad; Sulaiman, Ismail; Khairi, Ikhsanul; Mursyidin, Mursyidin; Yusfiandayani, Roza; Iqbal Irfany, Mohammad; Muthohharoh, Marhamah; Fuadi, Afdhal; Bahri, Samsul; Al Misbah, Iyan; Karim, Abdul
Martabe : Jurnal Pengabdian Kepada Masyarakat Vol 8, No 2 (2025): MARTABE : JURNAL PENGABDIAN KEPADA MASYARAKAT
Publisher : Universitas Muhammadiyah Tapanuli Selatan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31604/jpm.v8i2.768-776

Abstract

Perikanan tangkap menjadi komoditi industri laut yang saat ini masih didominasi di seluruh nusantara. Bahkan, indonesia menjadi salah satu negara eksportir perikanan pelagis dan demersal di dunia. Aceh memiliki potensi perikanan tangkap yang besar yang mampu memproduksi perikanan tangkap mencapai 230 ribu ton per tahunnya. Namun pengelolaan perikanan tangkap di Aceh masih sangat rendah sehingga produksi perikanan tangkap umumnya hanya didominasi oleh beberapa nelayan besar saja. Pelaksanaan kegiatan penguatan pengelolaan rumpon ijuk untuk pengendalian inflasi komoditas perikanan di Kabupaten Aceh Barat dilakukan dengan tujuan: 1) Sosialisasi program kepada multi stakeholders; 2) Menyelaraskan persepsi dan sinkronisasi program terkait dengan multi stakeholders; 3) Kesepakatan berbagai pihak terkait dalam pengelolaan rumpon ijuk; dan 4) Terbentuknya aturan pengelolaan rumpon ijuk berbasis komunal melalui lembaga adat laot di Kabupaten Aceh Barat. Kegiatan dilakukan pada empat lokasi Lhok Panglima Laot yang berbeda meliputi Lhok Meureubo, Lhok Padang Seurahet, Lhok Suak Seumaseh dan Lhok Bubon. Adapun kegiatan yang dilakukan meliputi Kegiatan Pra Kick Off, Kegiatan Capacity Building Untuk Nelayan Penerima Program, FGD Pengelolaan Rumpon Di Lhok Meureubo, FGD Pengelolaan Rumpon Di Lhok Padang Seurahet, Lhok Bubon, dan Lhok Suak Seumaseh, Pembuatan Draft Qanun Pengelolaan Rumpon Secara Komunal Berbasis Lembaga Adat Laot, FGD Pengelolaan Rumpon Di Kabupaten Aceh Barat, FGD Pengelolaan Rumpon Ijuk Di Kabupaten Aceh Barat: Sinergi Qanun Rumpon Dan Keterlibatan Berbagai Stakeholders Perikanan Tangkap, High Level Meeting (HLM) Tim Pengendalian Inflasi Daerah (TPID) Dan Tim Percepatan Dan Perluasan Digitalisasi Daerah (TP2DD), Pemasangan Rumpon Ijuk Di Perairan Lhok Meureubo, Lhok Padang Seurahet, Lhok Suak Seumaseh dan Lhok Bubon. Berdasarkan kegiatan yang telah dilaksanakan terhadap nelayan. dapat disimpulkan bahwa penguatan dan pengelolaan kelompok nelayan dapat dilakukan secara sistematis.
Investment strategy on indonesia islamic stocks using Greenblatt Magic Formula Setiawan, Alfianto Hendry; Fitri, Resfa; Muthohharoh, Marhamah; Irfany, Mohammad Iqbal
International Journal of Financial, Accounting, and Management Vol. 5 No. 3 (2023): December
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/ijfam.v5i3.1322

Abstract

Purpose: This study analyzes the portfolio form based on the Magic Formula investment strategy introduced by Greenblatt (2006). Research methodology: The portfolio formed is evaluated using the Sharpe, Treynor, and Jensen indices. Results: The results show that the Magic Formula investment portfolio provides higher returns than the reference index from June 2018 to May 2021, specifically -1.45% compared to -3.26%. The performance evaluation value of the Magic Formula investment portfolio was better than that of the reference index. Limitations: Although the Magic Formula portfolio performs well during the study period, investment portfolios can also be built and evaluated using other portfolio formulas. Contribution: This evidence shows that the Greenblatt Magic Formula investment strategy performs well because it can provide a greater return with less risk.
PENGUATAN PENGELOLAAN RUMPON IJUK UNTUK PENGENDALIAN INFLASI KOMODITAS PERIKANAN DI KABUPATEN ACEH BARAT Hafinuddin, Hafinuddin; Rizal, Muhammad; Sulaiman, Ismail; Khairi, Ikhsanul; Mursyidin, Mursyidin; Yusfiandayani, Roza; Iqbal Irfany, Mohammad; Muthohharoh, Marhamah; Fuadi, Afdhal; Bahri, Samsul; Al Misbah, Iyan; Karim, Abdul
Martabe : Jurnal Pengabdian Kepada Masyarakat Vol 8, No 2 (2025): MARTABE : JURNAL PENGABDIAN KEPADA MASYARAKAT
Publisher : Universitas Muhammadiyah Tapanuli Selatan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31604/jpm.v8i2.768-776

Abstract

Perikanan tangkap menjadi komoditi industri laut yang saat ini masih didominasi di seluruh nusantara. Bahkan, indonesia menjadi salah satu negara eksportir perikanan pelagis dan demersal di dunia. Aceh memiliki potensi perikanan tangkap yang besar yang mampu memproduksi perikanan tangkap mencapai 230 ribu ton per tahunnya. Namun pengelolaan perikanan tangkap di Aceh masih sangat rendah sehingga produksi perikanan tangkap umumnya hanya didominasi oleh beberapa nelayan besar saja. Pelaksanaan kegiatan penguatan pengelolaan rumpon ijuk untuk pengendalian inflasi komoditas perikanan di Kabupaten Aceh Barat dilakukan dengan tujuan: 1) Sosialisasi program kepada multi stakeholders; 2) Menyelaraskan persepsi dan sinkronisasi program terkait dengan multi stakeholders; 3) Kesepakatan berbagai pihak terkait dalam pengelolaan rumpon ijuk; dan 4) Terbentuknya aturan pengelolaan rumpon ijuk berbasis komunal melalui lembaga adat laot di Kabupaten Aceh Barat. Kegiatan dilakukan pada empat lokasi Lhok Panglima Laot yang berbeda meliputi Lhok Meureubo, Lhok Padang Seurahet, Lhok Suak Seumaseh dan Lhok Bubon. Adapun kegiatan yang dilakukan meliputi Kegiatan Pra Kick Off, Kegiatan Capacity Building Untuk Nelayan Penerima Program, FGD Pengelolaan Rumpon Di Lhok Meureubo, FGD Pengelolaan Rumpon Di Lhok Padang Seurahet, Lhok Bubon, dan Lhok Suak Seumaseh, Pembuatan Draft Qanun Pengelolaan Rumpon Secara Komunal Berbasis Lembaga Adat Laot, FGD Pengelolaan Rumpon Di Kabupaten Aceh Barat, FGD Pengelolaan Rumpon Ijuk Di Kabupaten Aceh Barat: Sinergi Qanun Rumpon Dan Keterlibatan Berbagai Stakeholders Perikanan Tangkap, High Level Meeting (HLM) Tim Pengendalian Inflasi Daerah (TPID) Dan Tim Percepatan Dan Perluasan Digitalisasi Daerah (TP2DD), Pemasangan Rumpon Ijuk Di Perairan Lhok Meureubo, Lhok Padang Seurahet, Lhok Suak Seumaseh dan Lhok Bubon. Berdasarkan kegiatan yang telah dilaksanakan terhadap nelayan. dapat disimpulkan bahwa penguatan dan pengelolaan kelompok nelayan dapat dilakukan secara sistematis.
Green Sukuk Development Strategy in Indonesia: ANP-SWOT Approach Alhaq, Khairanisa; Nursyamsiah, Tita; Muthohharoh, Marhamah
IQTISHADIA Vol 16, No 1 (2023): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v16i1.16312

Abstract

Green sukuk are State Sharia Securities (SBSN) that put forward the concept of financing programs for environmentally friendly projects. However, since the issuance of this instrument, the number of green sukuk is still small compared to other SBSNs. This study aims to identify strengths, weaknesses, opportunities, threats, and solutions and develop strategies for developing green sukuk in Indonesia. The Analytic Network Process with a SWOT (Strength-Weakness-Opportunity-Threat) network structure is used. Respondents in the study amounted to five experts, consisting of academics, regulators, and practitioners. The results show that opportunities are a top priority in supporting the development of green sukuk. The most influential variables of strengths, weaknesses, opportunities, and threats are green sukuk which impacts reducing greenhouse emissions and preserving the environment. The number and types of funded projects are limited, increasing public awareness of environmentally friendly sustainable lifestyle trends and reputational risks. The priority strategy for developing green sukuk in Indonesia is increasing awareness of the issue of climate change.
Determinan Proporsi Pembiayaan Modal Kerja Sektor UMKM oleh Bank Syariah di Indonesia Diva Athaya Fairuz Siradju; Neneng Hasanah; Marhamah Muthohharoh
Policy Brief Pertanian, Kelautan, dan Biosains Tropika Vol. 5 No. 3 (2023): Policy Brief Pertanian, Kelautan dan Biosains Tropika
Publisher : Direktorat Kajian Strategis dan Reputasi Akademik IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/agro-maritim.0503.695-700

Abstract

Rekomendasi yang diperoleh sebagai berikut, 1. BSI sebagai perbankan syariah harus mengatasi keterbatasan modal kerja UMKM, yaitu dengan memberikan pembiayaan modal, berdasarkan UU No. 21 tahun 2008, bahwa perbankan syariah adalah seluruh hal mengenai bank umum syariah (BUS) dan unit usaha syariah (UUS), meliputi kelembagaan, kegiatan usaha, serta cara dan proses dalam melaksanakan kegiatan usahanya. Bank syariah memiliki fungsi perantara, yaitu melakukan penghimpunan dan penyaluran dana sesuai dengan prinsip syariah, seperti tidak menggunakan konsep bunga dan riba, tetapi menggunakan konsep bagi hasil dan menggunakan akad sewa atau jual beli. 2. BUS dan UUS juga perlu mendorong pertumbuhan Dana Pihak Ketiga (DPK) dan mengatur nilai return of assets (ROA) dan financing to deposit ratio (FDR), karena variabel-variabel tersebut berpengaruh positif sehingga dapat meningkatkan proporsi pembiayaan modal kerja UMKM. 3. Pemerintah sebagai regulator perlu mendorong pertumbuhan PDB agar perekonomian semakin membaik dan tetap stabil, mengingat produk domestik bruto (PDB) memberikan kontribusi terbesar dalam memengaruhi keragaman proporsi pembiayaan modal kerja UMKM.