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Solusi Financial Technology Syariah Terhadap Persoalan Keuangan Anggota Koperasi Karyawan Nuruddin Muhammad Ali; Euis Amalia
Al-bank: Journal of Islamic Banking and Finance Vol 2, No 2 (2022): July - Desember 2022
Publisher : Universitas Islam Negeri Mahmud Yunus Batusangkar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31958/ab.v2i2.6642

Abstract

This study is to seek Islamic financial solution for members of employee cooperative in a particular firm by using Financial Technology platform which meet sharia terms and conditions. Methodology is Using the existing literature on FinTech and incorporating these contributions into a traditional Islamic financial structure, characteristics are outlined and placed into a framework that describes the industry. The findings that Islamic P2P Financing could propose a solution for financial problem faced by employee who need with limited amount for short period of time which Islamic banks could not provide. The findings of the study serve as a reference to industry players and regulators in formulating peer to peer financing for employee cooperative members and other similar cooperatives. This paper contributes by defining FinTech in Islamic finance and proposes term peer to peer financing instead of peer to peer lending which is not suitable with the nature of Islamic finance.
The Role of Sharia Governance in Fostering Customer Loyalty and Trust in Indonesian Islamic Banks: A Systematic Literature Review (2017-2024) Fielnanda, Refky; Amalia, Euis; Hidayah, Nur
Review of Islamic Economics and Finance Vol 7, No 2 (2024): Review of Islamic Economics and Finance (RIEF): November 2024
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/rief.v7i2.73651

Abstract

Purpose -This study aims to identify and examine the empirical literature of the past eight years (2017-2024) regarding the utilization of sharia governance in Islamic Banks in Indonesia and its impact on the trust and loyalty of Islamic bank customers.Methodology -The research methodology adopted was a systematic literature review conducted through literature exploration in the undergraduate google database with the help of Publish or Perish (PoP) software. A total of 640 articles addressing Islamic governance were initially identified and then screened using the covidence web based on inclusion and exclusion criteria and alignment with the research questions outlined in this systematic literature review, resulting in a final selection of 20 articles for review.Findings -The findings of the investigation explain that the dominant research approach used by scholars is quantitative, utilizing various statistical analysis techniques, including multiple linear regression analysis and Structural Equation Modelling (SEM). Islamic banking institutions in Indonesia have integrated sharia governance practices, utilizing various tools rooted in the principles of good corporate governance and sharia compliance. The results of this systematic literature review indicate that effective Islamic governance within Islamic banks in Indonesia has been proven to foster customer trust and loyalty.
Determinants of Food Waste Behavior in Muslim Household Food Consumption in Indonesia Lubis, Deni; Rodoni, Ahmad; Amalia, Euis
AL-MUZARA'AH Vol. 12 No. 2 (2024): AL-MUZARA'AH (December 2024)
Publisher : Department of Islamic Economics, IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jam.12.2.257-275

Abstract

Islam forbids wasteful behavior in all activities, yet Indonesia, with the world's largest Muslim population, is the second largest contributor to food loss and waste, with household consumption being the largest contributor. This study examines the factors influencing tabzir (food waste) behavior in Indonesian Muslim households and their relationship with religiosity in reducing tabzir behavior. The method used was a survey of 529 Muslim household respondents, and data analysis was performed using the structural equation modeling–partial least squares (SEM-PLS) approach. The results showed that routine shopping and eating habits had a positive impact on food waste; the worse the shopping behavior and eating habits, the more food wasted. On the other hand, awareness, religiosity, religious norms, and knowledge negatively influence food waste. Thus, the better the level of awareness, knowledge, religiosity, and religious norms, the less food is wasted. While awareness, knowledge, religiosity, and religious norms can help lessen food waste, they are insufficient without regulations on unethical consumption.
Economic Compatibility of Islamic Economy and Pancasila: Implications for the Postgraduate Curriculum Amalia, Euis; Musa, Eltom Ishaq Osman
Indonesian Journal of Islamic Economic Law Vol. 1 No. 1 (2024): Indonesian Journal of Islamic Economic Law
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/ijoel.v1i1.3434

Abstract

This article aims to develop the Sharia Economics Curriculum in Indonesia which has a unique relationship between religion and state and the compatibility of both in the postgraduate curriculum in Indonesia. The integration of Islamic Economic values into the Pancasila economic framework supports the Islamic economic industry in Indonesia. The analytical method in this study will utilize literature studies by collecting and evaluating relevant theoretical sources to understand the compatibility between Pancasila economics and Islamic economics. The data will be analyzed through classification, synthesis, and pattern tracing in the literature to fill the research gap. The research concluded that there are several critical points in the alignment of the curriculum of the Master of Sharia Economic Law in Indonesia, including discrepancies in the integration of the economic values of Pancasila and Islamic Economics, a focus on legal aspects rather than ethics, a lack of concretomatic details on the redistribution of wealth and property rights, and a lack of emphasis on social welfare. The recommendations involve developing detailed strategies to integrate these values into the curriculum, collaboration with Islamic economic experts, practitioners, and experts, and ongoing monitoring and evaluation to ensure comprehensive alignment. It is necessary to create graduates with a holistic understanding of the compatibility of Islamic Economics and Pancasila in Islamic economic law.
The Legitimation of Religion in Profit Seeking: The Role of National Shari‘āh Division of The Indonesian Muslim Council (DSN-MUI) Izmuddin, Iiz; Amalia, Euis; Nasir, Mohamad Abdun; Muttaqin, Farid
Samarah: Jurnal Hukum Keluarga dan Hukum Islam Vol 7, No 2 (2023): Samarah: Jurnal Hukum Keluarga dan Hukum Islam
Publisher : Islamic Family Law Department, Sharia and Law Faculty, Universitas Islam Negeri Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/sjhk.v7i2.15835

Abstract

Religious legitimacy is a potent means of achieving one's objectives, including the pursuit of economic benefits. This is how Islamic financial institutions employ the fatwa of the National Sharia Council (DSN-MUI) in their operations. Nonetheless, this objective is often in conflict with the noblest religious ideals of justice, equality, and humanity. This paper aims to explain how the DSN-MUI fatwa acquires religious legitimacy, as well as the repercussions of granting this legitimacy to the public that utilizes Islamic financial institutions. The collected data consists of the texts of DSN-MUI fatwa from 2000 to 2021 as well as the results of interviews with DSN-MUI practitioners of Islamic economics, and pertinent academicians. The data is then descriptively and critically analyzed. The findings of the study suggest that there are three fatwa issued by the DSN-MUI that legitimize profits gained by Islamic financial institutions. However, this method may violate significant religious norms. This paper also concludes that competition between conventional and Islamic financial institutions is a significant factor in the emergence of this legitimacy.
THE FINANCIAL PERFORMANCE OF BANK SYARIAH INDONESIA: PRE- AND POST-MERGER Muchtar, Masruri; Puspita, Desy; Amalia, Euis
TRIKONOMIKA Vol 23 No 1 (2024): June Edition
Publisher : Faculty of Economics and Business, University of Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/trikonomika.v23i1.7407

Abstract

Due to the merger, Bank Syariah Indonesia (BSI) recorded total assets of IDR 240 trillion. This study examines whether there are differences between the pre-and post-merger in the financial performance of BSI in terms of liquidity, solvency, and profitability using Wilcoxon signed test and paired sample t-test. This study finds significant differences in the level of liquidity and profitability of BSI's financial performance, while there is no significant difference in the level of solvency. This result implies that BSI's efficiency in managing business increases; therefore, the operational costs might be reduced, and the operating income tends to grow. Although the financing-to-debt ratio (FDR) is moderate, BSI still needs to improve the effectiveness of its fund distribution. This study contributes to the literature on mergers and acquisitions in the banking sector, particularly for Islamic banks, by providing new insight into its impact on financial performance.
Prevention of Tabzir in Muslim Households Food Consumption Lubis, Deni; Rodoni, Ahmad; Amalia, Euis
Economica: Jurnal Ekonomi Islam Vol. 13 No. 1 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2022.13.1.13355

Abstract

Islam forbids tabzir (wasteful behavior) concerning food and all activities. However, Indonesia, which has a Muslim-majority population, is among the countries with the highest levels of food loss and waste globally. Food waste has a detrimental impact on the environment, economy, human health, and food security, hindering the achievement of the SDGs. This study aims to examine Muslim households' consumption patterns and identify food waste prevention strategies. A qualitative SWOT-ANP technique was applied using nine respondents, including experts, academics, and practitioners. The findings suggest that households, from an internal perspective, should prioritize sharing surplus food with those in need, as well as adopting thoughtful shopping and cooking habits, avoiding the tendency to over-purchase or over-prepare food. Three external strategies were identified: (1) campaigns by governments, agencies, and communities to raise awareness of food waste's negative effects; (2) education on proper food processing, storage, and management; (3) policies regulating food waste prevention and management. Ultimately, preventing food waste behavior requires the collaboration of all parties, including the government, religious authorities, communities, and households.
Islamic And Conventional Economic Growth Thought Abū Yūsuf, Abū Ubaid, Al-Ghazāli, Ibn Khaldūn, Asy-Syatibi, Monzer Khaf, Adam Smith, David Ricardo, J.M. Keynes, Alfred Marshall, W.W. Rostow Pujiono; Amalia, Euis; Haniatunnisa, Siti
AJIS: Academic Journal of Islamic Studies Vol. 10 No. 1 (2025)
Publisher : Institut Agama Islam Negeri (IAIN) Curup

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29240/ajis.v10i1.13148

Abstract

This research discusses the thoughts on Islamic economic growth and conventional economics according to the figures, namely Abū Yūsuf, Abū Ubaid, Al-Ghazāli, Ibn Khaldūn, As-Syatibi, Monzer Khaf, Adam Smith, David Ricardo, J.M. Keynes, Alfred Marshall, and W.W. Rostow from a historical approach where his thoughts on the discourse of economic growth are quite a lot of references by researchers and academics of the world. The research method used in this article uses a literature review of the figure's work because what is discussed is a comparison of thoughts that have contributed to science through his works that have been used as references by subsequent generations. Based on the results and discussion of the thoughts of Islamic economic growth and conventional economics, it can be concluded that, in general, economists state that economic growth aims to achieve human prosperity by meeting the satisfaction needs of consuming goods and services. Meanwhile, according to Islamic figures, economic growth must refer to the basic principles of Sharia to achieve prosperity in the world and the hereafter (al-falāh). This study also discusses the concept of factors that affect economic growth.
Tingkat Kepatuhan Syariah Bank Pembiayaan Rakyat Syariah Berbasis Maqashid Syariah Shabri, Husni; Amalia, Euis
IQTISHADIA Jurnal Ekonomi & Perbankan Syariah Vol. 9 No. 1 (2022)
Publisher : Institut Agama Islam Negeri Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19105/iqtishadia.v9i1.5631

Abstract

Knowledge of shariah compliance in the sharia banking industry is still low. Shariah compliance is a special uniqueness that exists in sharia banking. The correct knowledge of shariah compliance has an important urgency in the operations of Islamic banks. The purpose of this study was to determine the level of sharia compliance of Islamic Rural Banks in Indonesia. The research method uses a quantitative descriptive approach. The data source of this research is secondary data. The data collection technique uses documentation in the form of annual reports of all Sharia Rural Banks (BPRS) which are the combined financial statements of BPRS in the Sharia Banking Statistics Report for September 2021 Otoritas Jasa Keuangan (OJK) with a total of 165 BPRS. The results show that the level of sharia compliance of Islamic Rural Banks (BPRS) as measured by the Maqashid Shariah Index (MSI) for a period of 10 years is still very low with an average index value of 0.32319 or 32.319%. Research findings reveal that the allocation of funds to aspects of education, research and training as well as the ratio of zakat to income is very relatively low, even information related to zakat payments until 2018 is non-existent or zero. The results of this study can be used as input for the management of Islamic Rural Banks (BPRS) special attention to the dimensions of which the index value is still very low
Islamic Banks after the 2008 Crisis: Symptoms of the Second Round Crisis and Performance of Sharia Commercial Banks during the Period 2012-2017 Enayatullah, Imam Haroki; Amalia, Euis; Rini, Rini
Moneter: Jurnal Keuangan dan Perbankan Vol. 11 No. 2 (2023): OKTOBER
Publisher : Universitas Ibn Khladun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/moneter.v11i2.297

Abstract

The Islamic banking system has long been believed to possess resilience in the face of crises, some even asserting its resistance to such challenges. To validate the aforementioned notion, an analysis of the efficiency performance of Sharia banking is conducted after the occurrence of what is referred to as the Second Round Crisis. This is undertaken due to the discovery that the impact of a crisis might not necessarily be felt during its onset, but rather after its passing. The research case study is Sharia Commercial Banks in Indonesia during the period 2012-2017. The research employs a parametric approach, namely the Stochastic Frontier Analysis Panel (SFA)  Greene's approach (2005) to examine the data. The research found that all examined samples experienced a decrease in efficiency in the year 2014. The data also reveal an increase in Non-Performing Financing (NPF) and a decrease in Return on Assets (ROA) during the same period. These findings reveal the presence of a second-round crisis phenomenon affecting the Sharia Commercial Banks in this year. Following this period, there was a gradual improvement in both efficiency and other ratios. In conclusion, it can be inferred that Sharia banks, particularly in Indonesia, are not resistant to crises.