Yoghi Citra Pratama
Economic Sciences and Development Study UIN Syarif Hidayatullah Jakarta

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Macroeconomic Variables, International Islamic Indices, and The Return Volatility in Jakarta Islamic Index Pratama, Yoghi Citra; Azzis, Abdul
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 10 No. 1 (2018)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v10i1.5550

Abstract

According to understand the behavior of Islamic equity markets the primary objective of this research is to analyze the effect of macroeconomic indicators and International Islamic Index on return volatility of Jakarta Islamic Index. The analysis method used in this study is AutoRegressive Conditional Heteroscedastic-Generalized AutoRegressive Conditional Heteroscedastic (ARCH-GARCH). The result of this research showed that all variables, i.e., BI rate, inflation rate, IDR-USD exchange rate, DJIUS index, DJIUK index, FTSJP index and FTSMY index have a simultaneously significant impact on return volatility of JII. While t-test results show that BI rate, IDR-USD exchange rate, DJIUK index and FTSMY index have a substantial effect on return volatility of JII.DOI: 10.15408/aiq.v10i1.5550
MODEL OF MICROFINANCE FINANCING QUALITY DETERMINANTS BASED ON SOCIAL AND FINANCIAL ASPECTS: A CASE STUDY OF PT. PNM BOGOR AND ITS SURROUNDING AREAS (BOGOR CITY, BOGOR REGENCY, AND DEPOK) Terminanto, Ade Ananto; Heirunissa, Heirunissa; Pratama, Yoghi Citra; Suherlan, Ade
JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) Vol 11, No 2 (2025): Vol 11, No 2 (2025)
Publisher : Universitas Pakuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34203/jimfe.v11i2.13541

Abstract

ABSTRACTThis study aims to analyze the influence of social and financial aspects on financing quality at PT PNM in the Bogor and Depok regions. The novelty of this research lies in its recommended social strategy for reducing Non-Performing Loan (NPL) levels. Using primary data from 106 respondents and secondary data, this study applies descriptive analysis methods and SEM-PLS. The results show that social aspects have a significant positive effect on financial aspects. Both social and financial aspects have been shown to have a significant negative effect on the potential for NPL. Social factors such as discipline, group solidarity (joint responsibility), and socio-economic stability of customers determine the smoothness of installments. Financially, the ability to manage business finances and effective risk management are key to maintaining portfolio quality. The study concludes that a strategy combining social and financial approaches is crucial for PT PNM to improve financial performance. It is recommended that PT PNM strengthen its mentoring program, customer education, and regular monitoring system for early risk detection. Mitigation strategies through the implementation of 3R (Rescheduling, Reconditioning, Restructuring) and intensive mentoring need to be optimized to adjust payment obligations to the real conditions of customers in the field.ABSTRAKPenelitian ini bertujuan untuk menganalisis pengaruh aspek sosial dan keuangan terhadap kualitas pembiayaan di PT PNM wilayah Bogor dan Depok. Kebaruan penelitian ini terletak pada rekomendasi strategi aspek sosial untuk menekan tingkat Non-Performing Loan (NPL). Menggunakan data primer dari 106 responden serta data sekunder, penelitian ini menerapkan metode analisis deskriptif dan SEM-PLS. Hasil penelitian menunjukkan aspek sosial berpengaruh positif signifikan terhadap aspek keuangan. Baik aspek sosial maupun keuangan terbukti berpengaruh negatif signifikan terhadap potensi NPL. Faktor sosial seperti kedisiplinan, solidaritas kelompok (tanggung renteng), dan stabilitas sosial-ekonomi nasabah menjadi penentu kelancaran angsuran. Secara finansial, kemampuan pengelolaan keuangan usaha dan manajemen risiko yang efektif merupakan kunci menjaga kualitas portofolio. Penelitian menyimpulkan bahwa strategi kombinasi pendekatan sosial dan keuangan sangat krusial bagi PT PNM untuk meningkatkan kinerja keuangan. Disarankan agar PT PNM memperkuat program pendampingan, edukasi nasabah, serta sistem monitoring berkala untuk deteksi dini risiko. Strategi mitigasi melalui penerapan 3R (Rescheduling, Reconditioning, Restructuring) dan pendampingan intensif perlu dioptimalkan untuk menyesuaikan kewajiban pembayaran dengan kondisi riil nasabah di lapangan.
Waqf and the sustainable development goals: examining the pathways of governance and resource utilization in Indonesia Mulazid, Ade Sofyan; Pratama, Yoghi Citra; Salim GP, M. Arskal; Sayuti, Wahdi; Yessi Fitri; Muhaimin, Muhaimin; M. Syukri
Jurnal Konseling dan Pendidikan Vol. 14 No. 1 (2026): JKP
Publisher : Indonesian Institute for Counseling, Education and Therapy (IICET)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29210/1206300

Abstract

Waqf is an important instrument in Islamic social finance with significant potential to support the achievement of the Sustainable Development Goals (SDGs), particularly in developing countries such as Indonesia. However, the contribution of waqf to sustainable development largely depends on the quality of governance and the effective utilization of waqf assets. This study aims to examine the influence of waqf governance and waqf utilization on the achievement of the SDGs in Indonesia, as well as to analyze their mediating role in the relationship between waqf resources and sustainable development outcomes. This research adopts a quantitative approach using Partial Least Squares Structural Equation Modeling (PLS-SEM). Data were collected from waqf management institutions and relevant stakeholders in Indonesia. The results indicate that waqf governance has a positive effect on SDG achievement (β = 0.2644), while waqf utilization shows a stronger positive influence (β = 0.4958). Furthermore, waqf resources positively affect both governance and utilization. These findings highlight the importance of strengthening governance practices and optimizing the utilization of waqf assets to enhance the contribution of Islamic social finance to sustainable development.