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Rokhmat Subagiyo

Universitas Islam Negeri Sayyid Ali Rahmatullah

Author-ID : 4102465

Religion Arts Humanities Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Potential and Implementation of Circular Economy in Supporting Continuity Business Culinary at Destinations Tour Religion of Sunan Drajat's Graveyard Subagiyo, Rokhmat; Syaichoni, Ahmad; Bachtiar, Jusuf; Mashudi, Mashudi; Shoidah, Nadia Nadhirotus
OECONOMICUS Journal of Economics Vol. 9 No. 1 (2024): (December) edisi 17
Publisher : Program Studi Ilmu Ekonomi UIN Sunan Ampel Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15642/oje.2024.9.1.19-33

The research aims to study the Potential and Implementation of a Circular Economy in Business Culinary in the Tourism Religion of Sunan Drajat's Graveyard Lamongan. Research Methods: The research is field research with a descriptive qualitative approach. Data sources used are primary and secondary data sources, and data collection techniques include interviews. Findings/Results: The study's conclusions disclose a gap between the potency economy big circular with low awareness and the application practice circular among perpetrator business culinary. Conclusion: Some initiative circulars have been done; however, support for adequate policies and incentives from the government is still required. This implication is essential for the development of supportive policies and programs transitioning to economy circular in sector tourism, especially in the region tour religion

TINJAUAN SYARIAH TENTANG PEGADAIAN SYARIAH (RAHN) Subagiyo, Rokhmat
An-Nisbah: Jurnal Ekonomi Syariah Vol 1 No 1 (2014)
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.2014.1.1.161-184

People in this country are so familiar with the word pawnshop, especially, people who are not bankable or diffculties in accessing bank loans or fnancing. When someone needs urgent funds quickly ,while he does not have the cash or savings fund, so, the third party funding becomes altervative solution. The population of Indonesia, according to the census consist 250 million people, will provide great opportunities for pawnshops. An increasing number of customers, profts, and outlets occur not only in conventional pawnshops, but also in Shariah pawnshops. Grounding in the operation of pawn Sharia is Dewan Syariah Nasional MUI number: 25/DSN-MUI/III/2002 dated June 26, 2002 on Rahn, fatwa number: 26/DSN-MUI/ III/2002 of gold and Rahn: 68/DSN-MUI/III/2008 on tasjily rahn. Assessment in muamalah, should be known as Rahn and contract provisions in general, in order to achieve syar’I ful transaction and legimate and lawful proft So blessing God will be obtained and felt by all, without any hesitancy in running practice pawnshop.Keywords : Pawn Shari’ah , Rahn and contract

ANALISIS DAMPAK BRAND LOYALTY, BRAND AWARENESS, PERCEIVED QUALITY DAN BRAND ASSOCIATION TERHADAP CUSTOMER VALUE PADA MAHASISWA FAKULTAS EKONOMI DAN BISNIS ISLAM IAIN TULUNGAGUNG subagiyo, Rokhmat; Adlan, Muhammad Aqim
An-Nisbah: Jurnal Ekonomi Syariah Vol 4 No 2 (2018): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.2018.4.2.191-214

Abstrak Kata kunci: Brand Loyalty, Brand Awareness, Perceived Quality, Brand Association ,Customer Value Abstraksi: Tujuan penelitian ini adalah untuk mengkaji: (1) dampak brand loyalty terhadap customer value pada mahasiswa Fakultas Ekonomi dan Bisnis Islam IAIN Tulungagung; (2) dampak brand awareness terhadap customer value pada mahasiswa Fakultas Ekonomi dan Bisnis Islam IAIN Tulungagung; (3) dampak perceived quality terhadap customer value pada mahasiswa Fakultas Ekonomi dan Bisnis Islam IAIN Tulungagung; (4) dampak brand association terhadap customer value pada mahasiswa Fakultas Ekonomi dan Bisnis Islam IAIN Tulungagung dan dampak secara simultan brand loyalty, brand awareness, perceived quality dan brand association terhadap customer value pada mahasiswa Fakultas Ekonomi dan Bisnis Islam IAIN Tulungagung. Awal mula penelitian ini berasal dari variabel kesetiaan merek, kesadaran merek, kesan berkualitas dan asosiasi merek diharapkan mampu meningkatkan nilai pelanggan. Hal ini karena pandangan tentang perguruan tinggi merupakan pembahasan yang sangat luas agar bisa menjadi sumbangsih bagi mahasiswa agar merasa puas terhadap pelayanan yang diberikan. Metode penelitian yang digunakan dalam penelitian adalah kuantitatif berjenis eksplanotry research, dengan tipe hubungan kausalitas pada variabel-variabel melalui pengujian hipotesis. Teknik pemilihan sampel dilakukan dengan menggunakan metode sampel non probabalitas yaitu sesuai pertimbangan-pertimbang tertentu, dengan tidak memberikan peluang yang sama terhadap anggota populasi untuk menjadi sampel. Sampel yang diambil mahasiswa jurusan Ekonomi Syariah, Perbankan Syariah, Akuntansi Syariah dan Manajemen Zakat dan Wakaf berjumlah 359 responden berdasar perhitungan Slovin. Teknik analisis yang digunakan adalah analisis regresi linier berganda dengan program SPSS versi 21. Hasil perhitungan regresi linier berganda menyajikan bahwa semua hipotesis, yaitu: brand loyalty, brand awareness, perceived quality dan brand association baik secara parsial maupun simultan mempunyai dampak yang signifikan terhadap customer value. Berdasarkan hasil pengolahan data dan pada pembahasan, maka direkomendasikan: (1) perlu perhatian khusus terkait tempat kuliah yang nyaman, failitas fisik perkuliahan seperti LCD yang baik, staf administrasi yang selalu memberikan pelayanan sepenuh hati pada mahasiswa dan silabus perkuliahan yang selalu mengikuti perkembangan jaman atau yang diperlukan oleh dunia kerja; (2) menambah intensitas promosi atau berkampanye baik melalui iklan di media cetak maupun online dengan sering melakukan kegiatan sponsorship yang berkaitan dengan pendidikan, seperti seminar tentang pendidikan, olahraga dan seni; (3) peningkatan kedisiplinan staf dengan tidak meninggalkan ruang pelayanan administratif saat jam-jam kerja dan (4) tetap bisa mempertahankan mahasiswa yang ada, sebaiknya kualitas pelayanan di tingkatkan dan dijaga.

Analisis Komparatif Indikator Penerapan Utang Luar Negeri Indonesia Ditinjau Dari Perspektif Ekonomi Islam Subagiyo, Rokhmat; Budiman, Ahmad
Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah Vol 6, No 1 (2020)
Publisher : Faculty of Economics and Islamic Business, UIN Fatmawati Sukarno Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/aij.v6i1.3553

Efforts made by the Indonesian government to meet the budget deficit by issuing stimulus policy packages from within the country and abroad. An overseas stimulus package is financing through foreign debt. Indonesia has been practicing foreign debt since before the pre-independence period, the Soekarno government regime, Suharto until the Jokowi regime. The amount of foreign debt until October 2018, USD 310.839 billion. If the state does not have the ability to repay debt, the country's economy will be disrupted. The amount of installments on loan principal and interest has an impact on the burden of the state budget, which will be borne by the community through tax collection. This study aims to compare indicators of the application of foreign debt based on Islamic economic perspectives and the results of field research. This study uses a type of qualitative approach to explain the phenomena that occur. The results of the study show that there are deviations between indicators of foreign debt based on economic perspectives and field research.

Determinants of Welfare from an Islamic Perspective: Economic Growth, Income, and Employment on Welfare Ahmada, Muhamad Agus Alfiyan Nur; Syamsiyah, Siti Itsna; Hidayah, Arifah Rohmatul; Subagiyo, Rokhmat; Aswad, Muhammad
Community Engagement and Emergence Journal (CEEJ) Vol. 6 No. 6 (2025): Community Engagement & Emergence Journal (CEEJ)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ceej.v6i6.9616

This study aims to analyze the influence of economic growth, income, and employment on welfare in Indonesia in 2023. The research is motivated by the mismatch between increasing economic growth and equitable distribution of welfare, as well as inconsistencies in previous research findings regarding the effects of macroeconomic variables on welfare. A quantitative methodology is employed in this study, using secondary data obtained from the Central Bureau of Statistics (BPS). The population consists of 34 provinces in Indonesia in the 2023 period. Multiple linear regression is employed as the analytical method to evaluate the research hypotheses. The results show that simultaneously, economic growth, income, and employment have a positive and significant effect on welfare in Indonesia in 2023. Partially, economic growth has a negative and insignificant effect on welfare in Indonesia in 2023. Income has a positive but insignificant effect on welfare in Indonesia in 2023. On the other hand, employment has a positive and significant effect on welfare in Indonesia in 2023. These findings indicate that improvements in public welfare are more influenced by employment stability and productivity rather than economic growth and income, as the distribution of the latter is not necessarily equitable.

The Effect of Political Risk and Economic Stability on Foreign Direct Investment Flows in Asean-6 Irtifa Umi Azizah; Muhammad Aswad; Rokhmat Subagiyo
Ecoplan Vol 8 No 2 (2025)
Publisher : Jurusan Ilmu Ekonomi dan Studi Pembangunan Fakultas Ekonomi dan Bisnis Universitas Lambung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20527/ecoplan.v8i2.1244

This study analyzes the influence of political risk and economic stability on Foreign Direct Investment (FDI) inflows in six ASEAN countries (Indonesia, Malaysia, Singapore, the Philippines, Thailand, and Vietnam) during the period 2013–2023. A quantitative approach with a panel data regression method was employed, where the dependent variable is FDI inflows (in million USD), while the independent variables consist of control of corruption as an indicator of political risk, and GDP and inflation as indicators of economic stability. Data were obtained from the World Bank, IMF, and Worldwide Governance Indicators (WGI). The regression model was selected based on the Chow and Hausman tests, and the analysis was conducted using EViews software. The results show that control of corruption has a positive and significant effect on FDI, emphasizing the importance of good governance and anti-corruption efforts in building investor confidence. GDP also has a positive and significant effect on FDI, reflecting the role of strong economic growth as a major attraction for foreign investors. Meanwhile, inflation has no significant effect on FDI, indicating that investors tend to prioritize factors such as policy stability, infrastructure quality, and institutional effectiveness over short-term price fluctuations. From a policy perspective, the findings suggest that ASEAN countries should strengthen governance quality and foster a transparent investment environment free from corruption to enhance foreign capital inflows. In addition, governments need to maintain macroeconomic stability through effective fiscal and monetary coordination while improving infrastructure and human capital development to attract sustainable long-term investments.

Analysis of the Influence of Social Media Influencers and Sharia Investment Galleries on the Investment Interest of Sharia Economics Students in the Capital Market Ashlihah, Ashlihah; Darajat Mahmudi; Mei Santi; Rokhmat Subagiyo; Agus Eko Sujianto
MALIA: Jurnal Ekonomi Islam Vol 17 No 1
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/zbccdq92

Introduction: Investment interest in the sharia capital market among Islamic economics students is an important aspect of strengthening Islamic financial inclusion. In the digital era, social media influencers are considered capable of shaping students’ perceptions and financial decisions, while Islamic investment galleries function as educational facilities that introduce sharia capital market instruments. This study aims to analyze the influence of social media influencers and Islamic investment galleries on the investment interest of Islamic economics students at KH. A. Wahab Hasbullah University Tambakberas Jombang. Methods: This study employed a quantitative approach with a survey method involving 65 active students selected as respondents. Data were collected through a Likert-scale questionnaire distributed via Google Forms and analyzed using multiple linear regression with the assistance of SPSS 26. Hypothesis testing was conducted through instrument tests, classical assumption tests, t-tests, and F-tests. Results: The findings indicate that partially, social media influencers have a positive and significant effect on students’ investment interest, and Islamic investment galleries also have a positive and significant effect. Simultaneously, both variables significantly influence students’ investment interest in the capital market. Conclusion and suggestion: Social media influencers and Islamic investment galleries are important factors in increasing students’ investment interest. Therefore, optimizing digital financial literacy through credible influencers and strengthening the role of Islamic investment galleries as educational and practical investment laboratories are recommended to enhance students’ participation in the sharia capital market.

Dynamic Causality Relationship between Bitcoin and Global Islamic Equity Markets: A Pre- and Post-COVID-19 VECM Analysis Dhani, Rifqi Rama; Oktaviana, Helmalia; Sulistiyah, Sulistiyah; Subagiyo, Rokhmat; Aswad, Muhammad
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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

This study explores the dynamic interactions between Bitcoin (BTC), the Dow Jones Islamic Market Index (DJIMI), and the FTSE SGX Shariah 100 Index (FTSGS100) from 2015 to 2025, employing the Vector Error Correction Model (VECM) to analyze both short- and long-term relationships. The Johansen cointegration test indicates a long-term equilibrium among the three variables, with DJIMI showing a stronger connection to Bitcoin compared to FTSGS100. In the short run, Bitcoin exhibits a strong response to its own shocks, whereas the Sharia indices are more stable and less responsive to short-term fluctuations in Bitcoin’s volatility. The findings underscore the weak integration between global Sharia equity markets and digital assets, positioning Bitcoin as a speculative asset largely independent of Sharia-compliant markets. These results suggest the importance of enhanced risk management and portfolio diversification strategies for investors navigating the rapidly changing financial landscape. Additionally, this research enhances our understanding of the interactions between cryptocurrency markets and traditional financial markets, particularly Sharia-compliant indices, during times of global financial uncertainty.

Realization of Zakat as A Form of Social Justice in the Perspective of Muhammad Iqbal Reni Waningsih; Rokhmat Subagiyo; M. Aqim Adlan
Interdisciplinary Journal of Advanced Research and Innovation Vol. 2 No. 2 (2024): Interdisciplinary Journal of Advanced Research and Innovation
Publisher : Ravine Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58860/ijari.v2i1.43

The problem that occurs in the distribution of zakat is poverty data, which can hinder the process of zakat distribution, causing individuals who are not eligible to receive zakat to feel a lack of social justice. Social justice in Islam, especially through the concept of zakat, is a crucial focus for Muhammad Iqbal. Zakat is not just a ritual obligation but also an instrument to reduce social injustice and strengthen societal solidarity. Iqbal sees it as a practical step to create a more just and balanced society, viewing zakat as a moral and social foundation. This writing aims to explore the realization of zakat as a manifestation of social justice from the perspective of Muhammad Iqbal. The research approach used in this study is qualitative, employing a literature review method to gather data from various sources such as books such as the book “Introduction to Islamic Economics and History of Islamic Economics”, and International journals, sinta 2 and sinta 5, which are relevant to the research as well as other sources that can support the research. The method used in this research involves the analysis of several articles. The results of the research indicate that, according to Muhammad Iqbal, zakat is not only a religious obligation but also a tangible tool for creating a more humane society with social justice.

The Ethical Concept of Production and Distribution in Islamic Economics from the Perspective Of M. N. Siddiqi Febintha Sistyamurti; Rokhmat Subagiyo; M. Aqim Adlan
Interdisciplinary Journal of Advanced Research and Innovation Vol. 2 No. 2 (2024): Interdisciplinary Journal of Advanced Research and Innovation
Publisher : Ravine Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58860/ijari.v2i1.44

Islamic economics attempts to regulate human economic activities based on Sharia principles sourced from the Qur'an and Al-hadith. In Islam, human activities are not only assessed as worldly but also spiritually assessed or must think about life in the hereafter, including economic activities. MN Siddiqi focuses his thoughts on economic activities, namely, production, distribution, and takaful. This study aims to determine the concept of production and distribution ethics in Islamic economics from the perspective of M.N. Siddiqi by using a qualitative approach and library research in the form of books, journal literature, and other research results relevant to this research. Based on the results of the study, production, and distribution are activities whose main purpose is to meet the needs of all mankind. In Islamic economics, there is the concept of Islamic economic ethics so that production and distribution activities do not deviate from the main objectives. According to Muhammad Nejatullah Siddiqi, if the ethics of production and distribution are carried out honestly and fairly, it will have a good impact on the Islamic economy in its efforts to meet the needs of all people.

Co-Authors Achmad Luthfi Chamidi Chamidi Achmad Syaichoni Adinda Agustinayu Rizkyaningrum Adlan, M. Aqim Agus Eko Sujianto Ahmad Ajib Ridlwan Ahmad Budiman Ahmad Syaichoni Ahmada, Muhamad Agus Alfiyan Nur Ahsan, Muhamad Aina Izzati Zuhria Amilia Putri Anita Febriani Anton Sudrajat Arifah Rohmatul Hidayah Ashlihah, Ashlihah Asyma Salsabila Azizah Shodiqoh Rafidah Azizurrahman Nashrullah Binti Mutafarida Binti Nur Asiyah Budi Kolistiawan Burhan Djamaluddin Darajat Mahmudi Deris Lazuardi Desta, Sri Yulfa Dhani, Rifqi Rama Domastuti, Putri Dwi Astuti Wahyu Nurhayati Endar Dwi Rahayu Eylen Jisan Fitriangga Fathur Rohman Albanjari Fauzan Fauzan . Fauzan Fauzan Fauziah Durotul Masruroh Febintha Sistyamurti Febrianto, M. Nanang Hansen Rusliani Haqqiquddin Rokhmatulloh, Muhammad Raisa Heru Setyowiyono Hidayah, Arifah Rohmatul Husnul Haq, Husnul Indah Kusumawati Irtifa Umi Azizah Jusuf Bachtiar Lestari, Lisa Yuni Lina Trisnawati Lisa Yuni Lestari M. Aqim Adlan M. Aqim Adlan, M. Aqim M. Nanang Febrianto M. Nashrullah Mashudi Mashudi Mei Santi Muhamad Agus Alfiyan Nur Ahmada Muhamad Ahsan Muhammad Aqim Adlan Muhammad Aswad Muhammad Khoirul Malik Muhammad Raisa Haqqiquddin Rokhmatulloh Mutafarida, Binti Neni Utami Novi Tri Oktavia Nur Kholis Oftafiana, Triya Oktaviana, Helmalia Qomarul Huda Reni Waningsih Resty Abdillah Paryanda Rini Fitriani Rizkyaningrum, Adinda Agustinayu Rizma Denytasari Samsul Huda Sarirotul 'Alim Sarirotul 'Alim Shoidah, Nadia Nadhirotus Shomad VEA, Moh. Ali Abdul Siti Itsna Syamsiyah Sulistiyah Syaichoni, Achmad Syamsiyah, Siti Itsna Ummu Sholihah Usdeldi, Usdeldi Wartoyo Wartoyo Wiyani, Silva

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