p-Index From 2021 - 2026
7.375
P-Index
This Author published in this journals
All Journal Media Trend: Berkala Kajian Ekonomi dan Studi Pembangunan JURNAL SOSIAL HUMANIORA (JSH) Jurnal Ekonomi Syariah Teori dan Terapan Journal of Information Systems Engineering and Business Intelligence Al-Ihkam: Jurnal Hukum dan Pranata Sosial Jurnal MD Jurnal Ekonomi dan Bisnis Islam Jurnal Ilmiah Pendidikan Pancasila dan Kewarganegaraan AKSIOLOGIYA : Jurnal Pengabdian Kepada Masyarakat Perisai : Islamic Banking and Finance Journal al-Uqud : Journal of Islamic Economics International Journal of Islamic Economics and Finance (IJIEF) Jurnal Ekonomi Islam Muqtasid: Jurnal Ekonomi dan Perbankan Syariah MALIA Shirkah: Journal of Economics and Business Ihtifaz: Journal of Islamic Economics, Finance, and Banking TSAQAFAH Journal of Innovation in Business and Economics Iqtishoduna: Jurnal Ekonomi Islam Abdi: Jurnal Pengabdian dan Pemberdayaan Masyarakat International Journal of Zakat (IJAZ) Proceedings of Annual Conference for Muslim Scholars Jurnal Layanan Masyarakat (Journal of Public Service) Iqtishadia: Jurnal Kajian Ekonomi dan Bisnis Islam Airlangga Journal of Innovation Management Journal of Economics and Business UBS Business Review and Case Studies PROFICIO: Jurnal Pengabdian Masyarakat Journal of Accounting Research, Organization and Economics (JAROE) Jurnal Ekonomi Islam Jurnal RAK (Riset Akuntansi Keuangan) Review of Islamic Social Finance and Entrepreneurship Journal of Infrastructure Policy and Management (JIPM) Journal of Shariah Economics
Claim Missing Document
Check
Articles

ANALYSIS OF INTERNATIONAL INDEX ON INDONESIAN SHARIA STOCK INDEX Iman, Shofal; Mawardi, Imron; Sarker, Md Atiqur Rahman
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 6 No. 1 (2020): JANUARY-JUNE 2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v6i1.10961

Abstract

This study aims to determine the influence of long-term and short-term global stock index on the Indonesian Islamic stock index. The approach used is a quantitative approach and uses the Error Correction Model (ECM) method. ECM is an analytical model that can be used in time series data to estimate the effect of independent variables on long-term and short-term use variables. The sample used was taken from secondary data, namely global stock index data consisting of the DJIA, N225 and HSI indices, and the Indonesian sharia stock index in the form of the ISSI index in the period of January 2013 to December 2017, so that 60 samples were obtained. The test results show that in the long run, the DJIA and HSI indices have a significant positive effect on the ISSI index, while the N225 index has a significant negative effect on the ISSI index. In the short term, only the DJIA index has a significant positive effect on the ISSI index.Keywords: Dow Jones Industrial Average, Hang Seng Index, Indonesian Sharia Stock Index, Nikkei 225, Error Correction Model
MACROECONOMY IMPACTS ON INTERNATIONAL TRADE BETWEEN INDONESIA AND ISLAMIC COUNTRIES Al Mustofa, Muhammad Ubaidillah; Mawardi, Imron; Widiastuti, Tika; Ardiantono, Dewie Saktia
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 6 No. 1 (2020): JANUARY-JUNE 2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v6i1.14138

Abstract

As one of the members of the Organisation of Islamic Corporation (OIC), Indonesia has excellent trade prospects. Therefore, this study has a purpose to examine the impact of macroeconomics factors on trade between Indonesia and intra-OIC countries. The variables of macroeconomics in this study consist of country risks, inflation, exchange rate, oil price, and economic growth. Quantitative is the right method for this study, applying Ordinary Least Square (OLS) regression with the help of EViews. The data used for the analysis is a time horizon with annual frequency from 1986 to 2016. Furthermore, finding shows that almost all variables of macroeconomics play an insignificant role in determining the trade between Indonesia and Islamic countries. However, the oil price is the only variable to show its contribution towards trade between Indonesia and intra-OIC countries. The results indicate that macroeconomic variables do not contribute to the key decisions for conducting trade internationally. Political factors and bilateral treaties become better variables to explain Indonesia's trade with other Islamic countries. Keywords: Country Risk, International Trade, Macroeconomic, Organisation of Islamic Corporation, Indonesia.
Ekstensifikasi Usaha Pengrajin Gerabah Melalui Diversifikasi, Pemasaran Digital , dan Ekspor Produk Imron Mawardi; Tika Widiastuti; Dien Mardhiyah; Muhammad Ubaidillah Al-mustofa; Eka Puspa Dewi; Diaz Tulus Anandri; Bintang Hanifian Syahdana; Fihrist Rayhan Deqauni; Nauval Fadhillah Gusti Wijaya
ABDI: Jurnal Pengabdian dan Pemberdayaan Masyarakat Vol 7 No 2 (2025): Abdi: Jurnal Pengabdian dan Pemberdayaan Masyarakat
Publisher : Labor Jurusan Sosiologi, Fakultas Ilmu Sosial, Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/abdi.v7i2.1198

Abstract

Desa Mlaten, Mojokerto, merupakan pusat kerajinan gerabah dengan potensi besar sebagai komoditas unggulan ekonomi lokal. Namun, produk yang dihasilkan masih terbatas pada cobek, dengan pemasaran yang terbatas di Jawa Timur dan Bali. Penelitian ini bertujuan untuk meningkatkan kesejahteraan pengrajin gerabah di Desa Mlaten melalui diversifikasi produk, pemasaran digital, dan ekspor. Program pengabdian masyarakat ini meliputi pelatihan diversifikasi produk, pemasaran digital, dan ekspor untuk pengrajin. Pelatihan ini dilakukan dengan pendekatan pre-test dan post-test. Hasil evaluasi menunjukkan peningkatan pemahaman dan keterampilan peserta, dengan skor pre-test rata-rata 77 dan post-test 86, meningkat 9%. Program ini juga memperkenalkan pendekatan baru dalam mengintegrasikan pelatihan ekspor untuk sektor kerajinan berbasis potensi lokal di desa Mlaten, yang belum pernah diterapkan sebelumnya. Dibandingkan dengan program pengabdian sebelumnya, yang hanya berfokus pada pelatihan produk lokal, program ini juga memasukkan aspek digitalisasi dan ekspor untuk membuka pasar internasional. Program ini diharapkan dapat meningkatkan daya saing produk pengrajin di pasar global dan berkontribusi terhadap peningkatan ekonomi desa.
ANALYSIS OF THE EFFECT OF INTEREST-BASED DEBT AND NON-HALAL INCOME ON THE VALUE OF SHARIA-COMPLIANT STOCK ISSUERS Adlan, Muhammad; Mawardi, Imron
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 4 No. 2 (2018): JULI-DESEMBER 2018
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (769.69 KB) | DOI: 10.20473/jebis.v4i2.10035

Abstract

This study aims to determine whether interest-based debt limitation and non-halal income limitation have significant effect on the firm value. Sharia stock issuers in Indonesia are obliged to pass several conditions set by the market regulator, some of them are limitations of the interest-based debt and non-halal income. This study assumes that the lower portion of interest-based debt and non-halal income, the more the investors will prefer the stocks, thus increasing the firm value. The subjects of this study are the companies listed on JII period 2013-2017. This study measures interest-based debt with ratio of interest-based debt devided by total debt, measures non-halal income with ratio of non-halal income divided by operating revenue, and measures the value of the firm with PBV. The analysis of this study using panel data regressions with fixed effects models with robust standard errors. The results shows that interest-based debt and non-halal income have no effects on the value of the firm, partially and simultaneously Keywords: Interest baseddebt, Non-halal income, Sharia stocks, Value of the firm
MANAGEMENT OF MURABAHAH FINANCING STRATEGY IN BMT NU SINGGAHAN TUBAN Muhammad Syauqi; Irham Zaki; Imron Mawardi
JOURNAL OF SHARIA ECONOMICS Vol. 5 No. 2 (2023): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v5i2.593

Abstract

In every financial institution, the risk of problematic financing is an absolute must to face. Therefore, every financial institution must implement appropriate strategy and risk management in distributing financing to customers to minimize the risk of problematic financing in the future. The focus of this research is: 1). How is strategic management implemented at BMT NU Singgahan in channeling financing to minimize the occurrence of financing problems? This research uses a qualitative method with a descriptive approach and field research type. Data collection techniques use observation, interviews and documentation methods. The data analysis stages used were data reduction, data presentation, and conclusion drawing, as well as data validity using source triangulation techniques. T The conclusion in this research is 1) Project or Product Selection Determining the project or product that will be financed using murabahah financing. This selection must consider potential benefits, risks, and conformity with sharia principles. 2) Financing Structure: Determine the appropriate murabahah financing structure, including buying and selling price, profit margin, term, and payment schedule. It must comply with sharia principles, including the prohibition of riba (interest) and speculative elements. 3) Risk Management Identify and mitigate risks associated with murabahah financing. This includes credit risk, market risk, operational risk, etc. 4) Performance Monitoring Conduct regular monitoring of projects or products funded with murabahah financing. This includes monitoring finances, project progress and use of funds. 5) Sharia Compliance Ensure that all transactions and activities related to murabahah financing comply with sharia principles. This involves rigorous auditing and monitoring to ensure compliance. 6) Product Development: Striving to continue developing murabahah financing products that are in line with market needs and sharia principles. This involves product innovation and marketing strategies. 7) Regulatory Compliance Ensure that all murabahah financing activities comply with applicable regulations in the company or financial institution's operating area. 8) Liquidity Management Efficient liquidity management to ensure the availability of sufficient funds for planned murabahah financing. 9) Evaluation and Adjustment Carry out regular evaluations of the murabahah financing strategy and make adjustments if necessary based on the results of the evaluation.
Islamic Values in Business: The Role of Islamic Work Ethics in Strengthening the Impact of Ethical Production on Sme Growth in Surabaya Listiana Juwita; Naili Jazilinn’am; Tika Widiastuti; Imron Mawardi; Mochammad Soleh
Journal of Economics and Business UBS Vol. 15 No. 3 (2026): Journal of Economics and Business UBS
Publisher : Cv. Syntax Corporation Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52644/03zpym64

Abstract

This research aims to examine the influence of Islamic production ethics on the growth of micro, small, and medium enterprises (MSMEs) in the food and beverage sector in Surabaya. Specifically, this study analyzes the moderating role of Islamic Work Ethics (IWE) in strengthening the relationship between Islamic production ethics and MSME growth. A quantitative approach is employed using the Partial Least Squares Structural Equation Modeling (PLS-SEM) method. Data were obtained through a survey of 106 purposively selected MSME owners. The results indicate that Islamic production ethics has a positive and significant impact on MSME growth. Islamic work ethics also shows a direct positive influence on business growth. However, as a moderating variable, Islamic work ethics weakens the positive influence of Islamic production ethics on MSME growth. These findings suggest that among entrepreneurs with a high level of Islamic work ethic, the influence of external ethical systems becomes less dominant because these values have been internalized in their daily work behavior. This research contributes both theoretically and practically to the development of contextual Islamic business ethics.
Environmental Social Governance Characteristics Impact on Inward Foreign Direct Investment Muhammad Ubaidillah Al Mustofa; Imron Mawardi; Raditya Sukmana; Puput Rosita Febrianti
Airlangga Journal of Innovation Management Vol. 7 No. 2 (2026): Airlangga Journal of Innovation Management
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/ajim.v7i2.87126

Abstract

This study aims to examine the influence of Environmental, Social, and Governance (ESG) characteristics and selected macroeconomic factors on inward foreign direct investment (FDI) in member states of the Organization of Islamic Cooperation (OIC). Using panel regression analysis, this study investigates 50 OIC countries over the period 2002–2019. The findings reveal that the aggregate ESG index does not significantly influence inward FDI. However, when ESG is examined separately, the Environmental dimension has a significant effect, indicating that environmental conditions are considered by foreign investors in making investment decisions. In contrast, the Social and Governance dimensions do not significantly affect inward FDI. The results also show that inflation has a positive and consistent effect on inward FDI, suggesting that foreign investors may interpret inflation as a signal of market activity and economic expansion. Meanwhile, the MENA region has a negative effect on inward FDI, reflecting investor concerns regarding political instability, regulatory uncertainty, and regional risk. The research implication of this study is that ESG should not always be treated as a single composite measure, as each ESG dimension may influence investment decisions differently. From a managerial and policy perspective, OIC governments should strengthen environmental quality, maintain macroeconomic stability, reduce regional political risk, and improve institutional credibility to attract sustainable foreign investment. This study contributes to the ESG–FDI literature by providing evidence from OIC economies.
THE INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON THE PROFITABILITY OF ISLAMIC COMMERCIAL BANKS IN INDONESIA Imam Sopingi; Tjiptohadi Sawarjuwono; Imron Mawardi; Kusnul Ciptanila Yuni K.
Jurnal RAK (Riset Akuntansi Keuangan) Vol. 8 No. 2 (2023): Jurnal RAK (Riset Akuntansi Keuangan)
Publisher : Universitas Tidar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31002/rak.v8i2.1136

Abstract

This study aims to investigate the influence of internal and external factors on the Islamic Commercial Banks' Profitability in Indonesia. The internal factors consist of Capital Adequacy Ratio (CAR), Financing to-Deposits (FDR), Non-Performing Loan (NPF), Cost Inefficiency (BOPO), and Net Operating Profit Margin (NPM) meanwhile the external factors consist of Third-Party Deposits (DPK) and Interest rate. Profitability is one of the important factors in the success and continuity of a company's operations. The method used is regression analysis using monthly data from June 2018 to June 2023. The data used include CAR, FDR, NPF, BOPO, NOM, DPK, and ROA from the Financial Services Authority (OJK) meanwhile the interest rate through the Central Bureau of Statistics (BPS) website. The results showed that CAR, FDR, and Interest Rate did not affect profitability. NPF and NOM have a positive effect on profitability meanwhile BOPO and DPK have a negative effect on profitability.
ANALYSIS OF HALAL TOURISM DEVELOPMENT IN PAMEKASAN: ANALYTICAL NETWORK PROCESS APPROACH R. Wahyu Agung Utama; Imron Mawardi
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 9 No. 1 (2023): JANUARY-JUNE 2023
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v9i1.35195

Abstract

This research aims to analyze problems, solutions, and strategic policies to support the development of halal tourism in Pamekasan by employing the Analytic Network Process (ANP) method. Data were obtained from nine experts consisting of representatives of academics, practitioners, associations, and regulators. Findings show that the most dominant issue is the aspect of human resources, followed by infrastructure, regulation, management, and marketing issues. Several strategic policies can be implemented to strengthen the development of halal tourism in Pamekasan, including (1) forming a team of mediators and regional tourism councils; (2) establishing halal tourism as a regional priority program; (3) increasing the capacity of Human Resources that involved in Halal tourism; (4) revitalizing tourism infrastructure and support its development; (5) increasing the diversification of halal tourism products; and (6) encouraging and facilitating halal certification. This research is expected to serve as a policy reference for decision-making, particularly in the development of Halal tourism. Further research could be conducted to investigate the implementation of halal tourism in Pamekasan; following the adoption of the RIPPDA Regional Regulation.
Dampak Ekonomi Makro terhadap Inward Forect Direct Investment (FDI) di Indonesia Muhammad Ubaidillah Al Mustofa; Imron Mawardi; Tika Widiastuti; Raditya Sukmana; Tony Hanoraga; Khairun Nisa; Puput Rosita Febrianti
Jurnal Sosial Humaniora Vol 17 No 1 (2024)
Publisher : Direktorat Riset dan Pengabdian Kepada Masyarakat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12962/j24433527.v17i1.20201

Abstract

This paper investigates the country-specific risks associated with inwardforeign direct investment (FDI) in Indonesia and analyzes the broadermacroeconomic consequences. The study utilizes the AutoregressiveDistributed Lag (ARDL) model to examine both the short-term and long-termcointegration between macroeconomic factors and foreign investmentinflows. The research is based on secondary annual time series data from1984 to 2015. In the short term, the exchange rate has a crucial impact, asdepreciation of the Indonesian Rupiah leads to a higher inflow of FDI.However, while financial variables do not significantly affect the dependentvariable in the long term, independent variables such as inflation, GDPgrowth risk, and economic and political risks do have a considerable effect.Rational foreign investors prioritize maximizing returns on their investmentsby closely monitoring the volatility of macroeconomic conditions. Thus, it isimperative for the government to regulate these aspects to enhance the inflowof foreign investments.
Co-Authors Achmad Hijri Lidnillah Achmad Hijri Lidnillah, Achmad Hijri Achmad Kharis Adhama, Gabriella Jodie Adlan, Muhammad Afifa, Ulfia Nur Ahmad Sodiq, Ahmad Ainur Rachman Ainur Rachman, Ainur Ainur Rofiq Kurniawan Ajeng Gama Rosyida Al Ma'rifatul A'la Al Mustofa, Muhammad Ubaidillah Almustofa, Muhammad Ubaidillah Ambariyanto Ambariyanto Anisa Priyanka Jasmine Anwar Allah Pitchay, Anwar Allah Aprilidya Ayu Parandita Ananta Apriwiliza, Gita Ardiantono, Dewie Saktia Ardina Talitha Nidya Arfiani, Ninda Ari Prasetyo Ariska Oktavia Arni Dini Inayati Asya'bani, Nispia Atiya, Nikmatul Aufar Fadlul Hady Aulia Ramadhani Aysha Dhamaring Nugroho Azel Raoul Reginald Azel Raoul Reginald, Azel Raoul baharsyah, akmal ilham Bayu Wardhana Bintang Hanifian Syahdana Bintang Pratama Buana Putra Bonang, Dahlia Candika, Yossy Imam Clarashinta Canggih Diamantin Rohadatul Aisy Dian Anggraini Diaz Tulus Anandri Diaz Tulus Anandri Dien Mardhiyah Dzikri Nurrohman Dzikri Nurrohman Eka Puspa Dewi Eko Fajar Cahyono, David Kaluge Ergun, Hüseyin Fahamsyah, Mohammad Hatta Faizurrahman, Umar Haidar Fakhrana, Fathaniadina Falah, Yusril Faridatun Nila Faridatun Nila Faridatun Nila Fary Adisetya Putra Fathaniadina Fakhrana Febrianti, Puput Rosita Febrinda Eka Damayanti Fihrist Rayhan Deqauni Firsty Izzata Bella Fithrotin Azizah Rahmah Fitri Nur Latifah Fudam, Mochamad Radika Bahtiar Brilianta Gabriella Jodie Adhama Gea Papurane Langi Hamid Fahmy Zarkasyi Hanifiyah Yuliatul Hijriah, Hanifiyah Yuliatul Hanoraga, Tony Hanoraga, Tony Huzein Satrio Prasetyawan Ilham Nur Agustha Ilham Nur Agustha, Ilham Nur Ilmiawan Auwalin Imam Sopingi Imam Wahyudi Indrawan Iman, Shofal Indi Masita Lisdawami Indra Kharisma Raharjana Insani, Taqiyah Dinda Insani, Taqiyah Dinda Ira Erlinawati Ira Erlinawati, Ira Irham Zaki Ishma Amelia Jihad Jihad Jihad, Jihad Khairun Nisa Khoirul Umam Kurniawan, Ainur Rofiq Kusnul Ciptanila Yuni K Kusuma, Aditya Listiana Juwita Machfud, Syafrina Mahmudah, Siti Nur Matsahri, Matsahri Mirna Ainurrachma Moch. Ali Fudin Al Islami Moh Fudholi Moh. Fudholi Moh. Fudholi Mohammad Haidar Risyad Mohammad Haidar Risyad Muhamad Nafik Hadi Ryandono Muhammad Ali Nuruddin Muhammad Nafik HR Muhammad Sanusi Muhammad sanusi Muhammad Syauqi Muhammad Syauqi Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al-mustofa Muhammad Wicaksono Hasdyani Putra Muslich Anshori Mustofa, Muhammad Ubaidillah Al Mutmainah Mutmainah Nadia Arisanti Naili Jazilinn’am Nareswari Saputro Nareswari Saputro, Nareswari Nauval Fadhillah Gusti Wijaya Nidya, Ardina Talitha Nikmatul Atiya Nila, Faridatun Nisa, Khairun Nisful Laila Norma Rosyidah Norma Rosyidah, Norma Nova Rini Nova Rini Novalia Nastiti Novalia Nastiti, Novalia Novita Novita Nuria Latifah Nurul Asfiah Nurul Asfiah Okyviandi Putra Erlangga Ongky Martha Dwiyananda Ongky Martha Dwiyananda, Ongky Martha Pramita Agustin Pramita Agustin, Pramita Puji Sucia Sukmaningrum Puput Rosita Puput Rosita Febrianti Putra, Fary Adisetya Putra, Muhammad Wicaksono Hasdyani R Moh Qudsi Fauzi R Wahyu Agung Utama R Wahyu Agung Utama R. Wahyu Agung Utama R. Wahyu Agung Utama R. Wahyu Agung Utama R. Wahyu Agung Utama Rachman Sugiharno Raditya Sukmana Rahmadany, Zhahirah Adriana Ramdani Ramdani Rani, Lina Nugraha Renny Oktafia Renny Oktafia, Renny Ridan Muhtadi Rifqul Ma'isyah Ririn Tri Ratnasari Rosana Puspasari Rosana Puspasari, Rosana Rosidi, Dinda Oktaviona Sadikin, Muhamat Ali Samsidar Widiarso Sarker, Md Atiqur Rahman Setiyo Aji Shabbir, Malik Shahzad Siti Maisaroh Siti Maisaroh Siti Nur Azizaturrohmah Siti Nur Azizaturrohmah, Siti Nur Siti Nur Mahmudah Siti Zulaikha Siti Zulaikha Soleh, Mochamad Soleh, Mochammad Sri Hartini Sri Herianingrum Sri Ningsih Sulaeman Sulaeman Sunan Fanani, Sunan Sunarno Sunarno Taqiyah Dinda Insani Taufan Indrasasmita Tika Widiastuti Tjiptohadi Sawarjuwono Tjiptohadi Sawarjuwono Ubaidillah, Muhammad Utama, R Wahyu Agung Utama, R. Wahyu Agung Wahyu Wibisono Wahid Wahyuningsih Wahyuningsih Wisudanto Wisudanto Wulandari, Annisa Yan Putra Timur Yanuar Dharma Putra Zaim Nur Afif Zaim Nur Afif, Zaim Nur Zaimy Johana Johan Zain, Nur Habiba Zainal Abidin