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All Journal Jurnal Reviu Akuntansi dan Keuangan Jurnal Akuntansi Indonesia Signifikan : Jurnal Ilmu Ekonomi Islamadina : Jurnal Pemikiran Islam Jurnal Manajemen Terapan dan Keuangan Ekonomi Bisnis EL-MUHASABA Jurnal Keuangan dan Perbankan Jurnal Dinamika Akuntansi MUQTASID Journal of Economics, Business, & Accountancy Ventura EQUILIBRIUM IQTISHADIA Jurnal Penelitian Ekonomi dan Bisnis Jurnal Manajemen Teori dan Terapan Jurnal Ekonomi dan Bisnis Islam Al-Amwal : Jurnal Ekonomi dan Perbankan Syari\'ah Jurnal Riset Akuntansi Terpadu Jurnal Ilmiah Ekonomi Islam AKRUAL: Jurnal Akuntansi EKSPANSI Economica: Jurnal Ekonomi Islam International Journal of Islamic Economics and Finance (IJIEF) Journal of Economic, Bussines and Accounting (COSTING) Jurnal Organisasi Dan Manajemen SENTRALISASI Indonesian Fisheries Research Journal Muqtasid: Jurnal Ekonomi dan Perbankan Syariah Jesya (Jurnal Ekonomi dan Ekonomi Syariah) Shirkah: Journal of Economics and Business JURISMA: Jurnal Riset Bisnis & Manajemen JIKA: Jurnal Ilmu Keuangan dan Perbankan PengabdianMu: Jurnal Ilmiah Pengabdian kepada Masyarakat Journal of Innovation in Business and Economics Eksis: Jurnal Riset Ekonomi dan Bisnis JURNAL AKUNTANSI, MANAJEMEN DAN EKONOMI Inovasi: Jurnal Ilmiah Ilmu Manajemen Competitive Jurnal Akuntansi dan Keuangan Majalah Ilmiah Bijak Business Management Analysis Journal (BMAJ) ECOPLAN : JOURNAL OF ECONOMICS AND DEVELOPMENT STUDIES Balance Vocation Accounting Journal Journal of Islamic Accounting and Finance Research Jurnal Buana Akuntansi International Journal of Business, Humanities, Education and Social Sciences (IJBHES) Jurnal REKSA: Rekayasa Keuangan, Syariah dan Audit Iqtishadia: Jurnal Kajian Ekonomi dan Bisnis Islam Journal of Islamic Economics and Finance Studies Jurnal Eksplorasi Akuntansi (JEA) Unram Journal of Community Service (UJCS) Telaah Bisnis Jurnal Locus Penelitian dan Pengabdian Wadiah : Jurnal Perbankan Syariah Jurnal Riset Ekonomi Syariah Al-Tijary : Jurnal Ekonomi dan Bisnis Islam Jurnal Lemhannas RI Journal of Accounting and Finance Management (JAFM) Riwayat: Educational Journal of History and Humanities IIJSE Majapahit Journal of Islamic Finance dan Management Jurnal Ilmiah Akuntansi dan Keuangan Majapahit Journal of Islamic Finance dan Management International Journal of Management and Business Applied Jurnal Ekonomi, Bisnis & Entrepreneurship (e-Journal) Jurnal Kajian Ekonomi dan Perbankan Syariah BAABU AL-ILMI: Ekonomi dan Perbankan Syariah
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DETERMINANTS OF PROFITABILITY IN CONVENTIONAL BANKS: A REVIEW OF FINANCIAL FACTORS Mubarok, Faizul; Sauqi, Irfan; Zahra, Ikrimatuz; Putra, Muhammad Zaki Adzkiya
Ekspansi: Jurnal Ekonomi, Keuangan, Perbankan, dan Akuntansi Vol 16 No 1 (2024)
Publisher : Accounting Department, Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35313/ekspansi.v16i1.5664

Abstract

This research aims to conduct an in-depth analysis of various factors that influence the profitability of conventional banking. The study focuses on five key financial indicators, namely loan-to-deposit ratio (LDR), Operational Expenses to Operating Income (BOPO), Net Loan performance (NPL), Current Ratio (CR), and Net Interest Margin (NIM). The research sample was carefully selected through purposive sampling and included six conventional banks listed on the Indonesia Stock Exchange from 2015 to 2022. The research uses a panel data regression fixed effect model as the analysis model. The results indicate that Loan Deposit Ratio (LDR), Operational Expenses to Operating Income (BOPO), and Net Performing Loans (NPL) have a significant impact on the profitability of conventional banking. In contrast, the research found no significant impact of the Current Ratio (CR) and Net Interest Margin (NIM) on the profitability of conventional banking. This research provides a comprehensive understanding of the complex relationship between crucial financial indicators and the profitability of conventional banking. The findings of this study could serve as a valuable reference for practitioners and decision-makers in the banking industry to develop optimal strategies to enhance financial performance.
Keterikatan Risiko Sistematis dan Risiko Tidak Sistematis terhadap Return Saham Sektor Consumer Goods Poluan, Meylan Sendy; Hendrian, Hendrian; Mubarok, Faizul
INOVASI Vol. 11 No. 2 (2024): Inovasi: Jurnal Ilmiah Ilmu Manajemen
Publisher : Universitas Pamulang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32493/Inovasi.v11i2.p376-385.42553

Abstract

Investor melakukan investasi dengan mempertimbangkan faktor risiko dan return yang akan diperoleh atas investasi yang dilakukan. Disamping itu, investor juga menganalisa bagaimana kinerja perusahaan yang dapat berdampak pada harga dan return saham di bursa efek Indonesia. Saham sektor consumer goods adalah salah satu saham yang mengalami peningkatan ketika terjadinya Pandemi Covid-19 akibat adanya peningkatan kebutuhan konsumsi di saat itu. Penelitian ini dilakukan dengan tujuan menganalisa dan menguji pengaruh Risiko Sistematis, Current Ratio, Return On Asset dan Debt To Equity Ratio Terhadap Return Saham. Jumlah sampel perusahaan sebanyak 20 perusahaan yang diambil berdasarkan teknik pengambilan sampel purposive sampling, dengan regresi data panel sebagai metode analisis yang dilakukan dengan program eviews dan interval waktu penelitian lima tahun. Berdasarkan hasil analisis ditemukan bahwa secara simultan Risiko Sistematis, Current Ratio, Return On Asset dan Debt To Equity Ratio berpengaruh terhadap return saham , sedangkan secara parsial Risiko Sistematis dan Current ratio tidak berpengaruh terhadap return saham; Return On Asset dan Debt To Equity Ratio berpengaruh terhadap return saham.
VALUE CHAIN ANALYSIS: BUSINESS MODEL, OPERATION, AND FINANCE MANAGEMENT OF CAPTURE FISHERIES BUSINESS wibowo, martino; Anwar, Kasful; Mubarok, Faizul; Khurniawan, Arie Wibowo; Wongsuwatt, Sippavitch
Indonesian Fisheries Research Journal Vol 30, No 2 (2024): (Desember) 2024
Publisher : Jakarta Technical University of Fisheries

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15578/ifrj.30.2.2024.7-21

Abstract

This study analyzes the value chain in small and medium-sized fishery enterprises across several Indonesian provinces (Jakarta, Yogyakarta, Bali, South Sulawesi, and West Sumatra). To fully comprehend the value chain in the fishing industry, it is essential to answer the research problems of the pattern identification of the capture fish value chain, and the implementation of the business process in the capture fish industry. It identifies challenges and opportunities within the value chain, particularly regarding resource access, regulation, transportation, and financial impacts. The research employs a comprehensive value chain analysis, utilizing the Business Model Canvas approach. Primary and secondary data were gathered through interviews and analyzing external data sources. It was done from May to November 2023 involving 50 seafood restaurant owners and 110 fishermen in five provinces. The analysis was conducted using panel data methods with robustness tests performed to ensure the validity of the results The study finds significant operational challenges in maintaining the quality and quantity of fresh fish, inefficiencies in various stages of the value chain, and potential areas for improvement in the captured fisheries business models of SMEs and the big firm. It highlights the importance of market stability, sustainable practices, and economic viability for the growth of SMEs in the fishery sector. 
Socialization of Benefits and Management Training in Village-Owned Enterprises as an Effort to Improve Community Welfare in Pamijahan District, Bogor Regency Patiro, Shine Pintor Siolemba; Damayanti, Prisila; Hendrian, Hendrian; Rekarti, Endi; Mubarok, Faizul; Widokarti, Joko Rizkie; Lumbangaol, Lasando
Unram Journal of Community Service Vol. 6 No. 1 (2025): March
Publisher : Pascasarjana Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/ujcs.v6i1.852

Abstract

This Community Service (PkM) activity was carried out in Paminjahan District, Bogor Regency, with the target of RT/RW, Hamlet Head, Village BPD, village government officials, and Village-Owned Enterprises (BUMDes) Management. The business actors involved are those who have businesses in the field of trade and services. This PkM activity was carried out to provide public and business actors with an understanding of the legality, goals, and benefits of BUMDes for increasing development and improving the welfare and prosperity of the community fairly and equitably. Through an increase in Village Original Income (PADes) income, business activities are expected to continue to develop by paying attention to and implementing supporting factors for business activities. Thus, the PkM activities held include socializing about the legality, goals, and benefits of BUMDes and socializing about professional human resource management in managing BUMDes in the village. The socialization was adjusted to the problems and needs faced by BUMdes administrators in Paminjahan District, Bogor Regency. The method of implementing the activity consists of three stages. First, the preparation stage includes pre-survey, team formation, making and submitting proposals, coordinating teams and partners, and preparing training tools and materials. The second stage is the program implementation stage in the form of socialization. Socialization is carried out through counseling (material presentation) and discussion. The third stage is the evaluation and reporting stage. The evaluation was carried out by comparing the conditions of partners before and after the program's implementation with interview and observation methods. After that, a report was prepared for further publication. The material presented in the socialization was in the form of the Legality of BUMDes, as well as the benefits and goals of BUMDes towards increasing development and prosperity for all communities in the village. Based on the results of the implementation, the objectives of this implementation can be broadly achieved, which is shown through the improvement of the value order of society in the field of education, especially in economics.
Islamic Banking in Indonesia: Assessing the Impact of Economic Turbulence and Market Dynamics on Credit Portfolios Mubarok, Faizul; Wibowo, Martino; Utomo, Kabul Wahyu; Rahman, Saif Ur
Journal of Islamic Economics and Finance Studies Vol 6 No 1 (2025): JIEFeS, June 2025
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v6i1.10937

Abstract

Indonesia’s Islamic banking sector has experienced rapid expansion in recent decades; however, credit growth within this sector remains volatile and insufficiently explored, particularly in relation to broader macroeconomic fluctuations. This study addresses this knowledge gap by investigating the key macroeconomic and financial determinants influencing credit growth in Islamic banks. It is driven by the need to understand how external shocks and policy variables affect Islamic financing behavior. Utilizing monthly data from 2002 to 2023, the study employs a Vector Error Correction Model (VECM), Impulse Response Function (IRF), and Forecast Error Variance Decomposition (FEVD) to analyze both short- and long-term dynamics. The VECM results reveal a long-run equilibrium relationship between Islamic credit growth and macroeconomic indicators, including GDP, inflation, and interest rates. This finding suggests that Islamic credit, characterized by its unique Shariah-compliant principles, adjusts over time to restore equilibrium following disruptions. The IRF analysis further indicates that shocks to inflation and exchange rates tend to temporarily suppress credit growth, reflecting the sector’s sensitivity to price volatility and currency fluctuations. In contrast, positive shocks to GDP and stock market performance are associated with sustained increases in credit, underscoring the procyclical nature of Islamic bank lending. FEVD results show that GDP and inflation are the most significant drivers of credit growth variability, followed by interest rates and the exchange rate. These findings underscore that Islamic credit expansion is closely tied to real sector performance and overall macroeconomic stability. For policymakers and financial regulators, the study highlights the importance of maintaining sound macroeconomic fundamentals and fostering a stable investment climate. Such efforts are essential to support sustainable credit growth and enhance the resilience of Indonesia’s Islamic banking sector
Market Dynamics in Infrastructure: A Comprehensive Analysis of Financial Factors Shaping Stock Prices Mubarok, Faizul; Lyadi, Citra Febria; Fizriyah, Nurul; Syaiful, Dzikra Nisa
Jurnal Akuntansi, Manajemen dan Ekonomi Vol 26 No 3 (2024): July-September 2024
Publisher : Faculty of Economics and Business, Jenderal Soedirman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/1.jame.2024.26.3.11170

Abstract

This research explores the complex dynamics between financial performance and stock prices in the infrastructure sector. The main focus draws attention to key variables such as Return on Assets (ROA), Current Ratio (CR), Debt to Equity Ratio (DER), Company Size (FZ), and Interest Rates (INRT). This research produces significant findings Through quantitative methods and a panel regression model. The analysis shows that ROA significantly influences share prices, highlighting the importance of efficient financial performance in attracting investor interest. Meanwhile, as a liquidity indicator, CR has a significant relationship with stock prices, indicating that financial health can impact investor perceptions. Financial sustainability, reflected in DER, yields the exciting finding that a lower proportion of debt is associated with valuations from the stock market. Company size (FZ) has also been shown to influence share prices, highlighting the importance of operational scale in increasing investor confidence. However, Interest Rates (INRT) do not significantly influence share prices in the infrastructure sector. The results of this research provide valuable insights for stakeholders, helping them understand the link between financial performance and stock market behavior in the context of the infrastructure sector. The implications of these findings can guide more informational and data-based managerial policies and investment decisions.
Assessing Islamic Banking Equity: A Synthesis of Financial Ratios and Economic Conditions Mubarok, Faizul; Nurhasanah, Anggun; Fajarwati, Nabila Desinta; Salsabila, Shazkia
WADIAH Vol. 8 No. 2 (2024): Wadiah: Jurnal Perbankan Syariah
Publisher : Program Studi Perbankan Syariah Fakultas Ekonomi dan Bisnis Islam IAIN Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30762/wadiah.v8i2.1336

Abstract

The success of companies in the banking sector is necessary for driving economic growth and state revenues. Their success is usually measured using their share prices which is a good index of their overall value. The objectives of this paper were to analyse the relationship between independent variables and share prices of Islamic Banking companies. The independent variables are the following financial ratios for indicators Return on Assets, Return on Equity, Debt to Equity Ratio, Debt to Asset Ratio, Inflation, interest rates and exchange rates. The study made use of the random effects data model to analyse the various Islamic Banking firms that are listed capital market, using data from 2020 to 2023. The results from the study were that Return on Assets, Return on Equity, Debt to Equity Ratio and Debt to Asset Ratio had a statistically significant impact on the share prices of the Islamic Banking Companies. However, Inflation, Interest, and exchange rates did not have a statistically significant effect on stock prices. The results of this analysis will be useful for stakeholders in the Islamic banking sector as they know the most critical factors in determining the market’s valuation of a companies performance and results to help guide strategies for the future.
THE DISTRIBUTION OF PROFITS AND LOSSES, AS WELL AS MONETARY POLICY, IN ISLAMIC BANKS INDONESIA Mubarok, Faizul; Rusdianto
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.v9i1.42507

Abstract

Profit and loss distribution in Islamic banking financing is based on the principles of fairness and risk sharing between banks and customers. Islamic banking activities channel financing are an effort to move the economic sector. This study intends to examine the short- and long-term link between monetary policy and Mudharabah contract finance, as well as the shocks caused by changes in monetary policy and the contribution of each variable during shocks. The research makes use of a vector error correction model, which is applied to monthly data spanning the years 2004 to 2022. The sample population for the study is comprised of a number of Islamic commercial banks and business units. The findings of the research on interest rates have an effect on financing through Mudharabah contracts in both the short and long terms, but solely on inflation in the long term. However, the exchange rate does not affect the short or long term. Islamic banks must implement a portfolio of Mudharabah contracts and prepare reserve funds when a shock occurs. In Mudharabah contracts, financing Mudharabah is affected by interest rates, both short-term and long-term, but only long-term financing is affected by inflation. The most important change is the change in interest rates. If a change in a financial indicator causes a shock, Islamic banks need to set up reserve funds so they can handle it. To make Islamic banking more competitive, the government needs to keep taking it as seriously as setting interest rates.
The Influence of Rebranding, Service Quality, and Brand Image on Customer Satisfaction: A Case Study Florentina, Ika; Patiro , Shine Pintor Siolemba; Mubarok, Faizul
Jurnal Internasional Bisnis, Humaniora, Pendidikan dan Ilmu Sosial Vol 7 No 2 (2025): International Journal of Business, Humanities, Education and Social Sciences
Publisher : Universitas Teknologi Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46923/ijbhes.v7i2.611

Abstract

The hospitality industry is increasingly competitive, requiring hotels to strengthen their market position through effective strategies such as rebranding, service quality improvement, and brand image development. Previous studies have often examined these factors separately, but limited research has integrated them into a comprehensive framework, particularly in the Indonesian hotel context. This study seeks to fill that gap by analyzing the influence of rebranding and service quality on customer satisfaction, with brand image serving as a mediating variable. The research was conducted at Harris Hotel Pontianak, which implemented a rebranding strategy in response to declining performance in 2020. Employing a quantitative method, data were collected through questionnaires distributed to 130 hotel guests selected using accidental sampling. The data were analyzed using Structural Equation Modeling (SEM) with AMOS 26, supported by validity, reliability, and model fit testing. The analysis stages included Confirmatory Factor Analysis (CFA), hypothesis testing, and bootstrapping to verify mediation effects. The findings reveal that rebranding and service quality significantly enhance brand image, which in turn fully mediates their impact on customer satisfaction. This result highlights that customer satisfaction is achieved not solely through service improvements or brand renewal, but primarily through the establishment of a strong and positive brand image. The novelty of this study lies in integrating rebranding, service quality, and brand image into a single model within the Indonesian hospitality sector. Practical recommendations suggest that hotel managers prioritize service consistency and brand communication alongside rebranding initiatives.
Co-Authors Abdul Halim Abdul Hamid Abdul Hamid Ahmad, Rosimah Andi Harmoko Arifin Ari Warokka, Ari Arie Wibowo Khurniawan Arief Mufraini, Arief Astuti, Desy Widhi Aumeboonsuke, Vesarach Benbadri, Asir Filard Bisma, Muhammad Faturrahman Aria Damayanti, Prisila Damayanty , Prisila Deni Nugraha Diky Paramitha El Ghifari, Muhammad Sheva Endi Rekarti, Endi Eni Sutrieni Erlin, Erlin Etik Ipda Riyani Etik Ipda Riyani, Etik Ipda Riyani Etty Puji Lestari Fadhli, Mohammad Masykur Fajarwati, Nabila Desinta Farhan Putra Pramudya Fatimah Azzahrah Fatimah, Etty Febrina, Anisha Ferliana, Vira Firdaus, Paja Zaky Fizriyah, Nurul Florentina, Ika Halim, Abdul Henanda, Fauzan Falah Hendrian Hendrian, Hendrian Hermanto Siregar Himawan, Farras Azhar Ananda Husen, Ulfiya Indasaputry, Erliana Indo Yama Nasaruddin Irmawaty Ishanifah, Annisa Izzuddin, Muhammad Ziyad Joko Rizkie Widokarti Kabul Wahyu Utomo Kasful Anwar Khurniawan, Arie Wibowo Klimko, Roman Kurnia, Muhammad Irfan Kurniawan*, Iqbal Latif, Sahraman D Hadji Lumbangaol, Lasando Lumintang, Zulfikar Halim Lyadi, Citra Febria Mahjus Ekananda Martino Wibowo Maulida, Zahra Mawarni, Annisa Putri Mohammad Masykur Fadhli Mohammad Nur Rianto Al Arif Muhammad Arief Mufraini Muhammad Faturrahman Aria Bisma Muhammad Ridho Syakhran Siregar Muhammad Ziyad Izzuddin Muna, Putri Naelul Mutiara, Laila Nabila, Bela Nunung Nuryartono Nur'aini, Dyah Tari Nurhasanah, Anggun Nurmailia, Avhita Pamungkas, Farhan Pangestu, Ilham Patiro , Shine Pintor Siolemba Poluan, Meylan Sendy Pradana, Hasta Dwi Prakoso, Yoga Dwi Pramudya, Farhan Putra Prasetiyo, Yudhi Pratiwi, Rida Adela Prisila Damayanty Purnomo, Kelik Heri Putra, Muhammad Zaki Adzkiya Rahman, Saif Ur Rahman, Saif-Ur Rena, Melan Rentika, Della Rika Candraningrat, Ica Rusdianto Rusdianto Rusdianto Sabrina, Kayla Nur Said Kelana Asnawi Salsabila, Shazkia Sauqi, Irfan Sepviani, Aulia Setijaning, Herlin Tundjung Setyowati, Erlina Nur’aini Shine Pintor Siolemba Patiro Shofia, Shofia Sippavitch Wongsuwatt Siregar, Muhammad Ridho Syakhran Sri Wahyuni SULTAN, ZULKIFLI Suntrayuth, Sid Syaiful, Dzikra Nisa Syarif, Afdal Tarmuzi Maradjabesi, Muhammad Zulham Tubagus Ismail Ulfarini, Deby Utami, Risma Nadya Utami, Tutik Sri Wardiwiyono, Sartini Widyawan, Damar Wongsuwatt, Sippavitch Yudhi Prasetiyo Zahra, Ikrimatuz Zilwan, M.