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The Role of Micro Small Medium Enterprises (MSMEs) In Halal Industry Enhancement (Case Study of MSMEs in Lhokseumawe – Aceh) Rani Puspitaningrum; Damanhur Damanhur; Falahuddin Falahuddin; Ahmad Fauzul Hakim Hasibuan; Selvia Agustin
Review of Islamic Economics and Finance Vol 4, No 2 (2021): Review of Islamic Economics and Finance : December 2021
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/rief.v4i2.39630

Abstract

AbstractPurpose – This study examined the role of MSMEs in encouraging the halal industry and aimed to determine the problems of MSMEs in supporting the halal industry in Lhokseumawe..Methodology - This study used primary data of qualitative study with descriptive data analysis from five interviewees as an owner of food and beverage MSMEs sector in Lhokseumawe-Aceh. The research method used is a case study approach. Data collection techniques used were interview, observation, and documentation, and data analysis techniques used in this study with data reduction, data presentation, conclusion, and triangulation stages. Findings - The results showed that the role of MSMEs in encouraging the halal industry was relatively low due to the lack of knowledge and awareness of MSME actors in Lhokseumawe city about halal certification that provides services to MSMEs.Keywords: Islamic Economics, Micro Small Medium Enterprises (MSMEs), Halal Industry, Qualitative Method, Consumer Satisfaction
Empirical Evidence of the Impact of Islamic Financial Inclusion on Human Welfare of Maqashid Sharia Perspective in Indonesia Rani Puspitaningrum
Review of Islamic Economics and Finance Vol 4, No 1 (2021): Review of Islamic Economics and Finance (RIEF) June 2021
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/rief.v4i1.35601

Abstract

AbstractPurpose – The study aims to determine the effect of Islamic financial inclusion using 3 (three) dimensions, namely accessibility, availability, and use (usage of banking services) of Islamic banking in Indonesia on the concept of welfare which includes 5 (five) elements: protection (hifz) of religion (din), mind ('aql), soul (nafs), offspring (nasl), and property (mal).Methodology - The Islamic financial inclusion components are represented by several variables: the total number of third-party funds and financing, the total number of deposit accounts, and Automated Teller Machines (ATM) of Islamic banking. Meanwhile, the Islamic Human Development Index (I-HDI) is a suggested variable that represents welfare in the perspective of maqashid sharia. The research data used is annual data from 2010-2019 and then analyzed by multiple linear regression method.  Findings - The result shows that Islamic financial inclusion has a significant effect on people's welfare in Indonesia. Variable availability (availability) and the use of Islamic banking services (usage of banking services) have a real influence, but not so on the variable accessibility (accessibility). The increase in Islamic financial services indicated by the increase in third-party funds and financing in Islamic banking will also improve human welfare.Research Implication - The increase of ATMs (Automated Teller Machines) numbers reduces human welfare in Indonesia.Keywords: Islamic financial inclusion, Islamic Human Development Index (I-HDI), material welfare index (MWI), non-material welfare index (NWI), maqashid sharia.
Faktor-Faktor Yang Mempengaruhi Peningkatan Jumlah Pembiayaan Pada Bank Muamalat Indonesia (Periode 2013-2020) Falahuddin Falahuddin; Rani Puspitaningrum; Ahmad Fauzul Hakim Hasibuan; Firda Widyastuti
el-Amwal Vol 5, No 1 (2022): El-Amwal
Publisher : LPPM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29103/el-amwal.v5i1.6775

Abstract

This study examined the factors that influence the Financing of PT. Bank Muamalat Indonesia from 2013 to 2020. This study used secondary data and analyzed the data using the multiple linear regression analysis methods with the help of Eviews 11. The results partially (t-test) indicated that Wadiah Current Account positively and significantly influenced Financing, Mudharabah Deposits negatively and significantly influenced Financing, Mudharabah Deposits positively and significantly influenced Financing, Cash positively and significantly influenced Financing. Simultaneously (f-test), Wadiah Current Account, Mudharabah Savings, Mudharabah Deposits, and Cash influenced Financing. Based on the determination test (R2), the value of Adjusted R-squared was 0.7522, which indicates that 75.22% of the dependent variable has a very significant relationship with the independent variable. Meanwhile, the remaining 24.78% was explained by other variables not included in this regression equation model.  Keywords: Wadiah Current Account, Mudharabah Savings, Mudharabah Deposits, Cash, And Financing.
THE CONTRIBUTION OF ISLAMIC CAPITAL MARKET AND ISLAMIC INSURANCE TO INCLUSIVE ECONOMIC DEVELOPMENT IN INDONESIA Rani Puspitaningrum; Nabila Hermina
EL DINAR: Jurnal Keuangan dan Perbankan Syariah Vol 11, No 1 (2023): El Dinar
Publisher : Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/ed.v11i1.15973

Abstract

The study aims to identify the contribution of some Islamic financial instruments from Islamic capital markets and Islamic non-bank financial institutions to inclusive economic development in Indonesia. While some studies have examined the contribution of some Islamic financial instruments to a single measure of economic indicators, this study tries to fill the gap in the context of multi indicators to explain economic development, so the authors propose an inclusive economic development index that consists of 21 indicators. This study employed a quantitative research method using secondary data from 2011-2020 from several sources (Financial Service Authority, the Ministry of Finance Republic Indonesia, and the Ministry of National Development Planning (BAPPENAS)). The main variables used are the Jakarta Islamic Index (JII) market capitalization, total outstanding Sukuk, Islamic insurance total claim, and inclusive economic development index. The research data is analyzed using multiple regression linear models. The result found that only the total outstanding Sukuk significantly impacted inclusive economic development. In contrast, the others variables are insignificant.