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All Journal ETIKONOMI Media Syari'ah: Wahana Kajian Hukum Islam dan Pranata Sosial
Wahyu Jatmiko
Department of Management, Faculty of Economics and Business, University of Indonesia, Indonesia
Religion Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

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Between Sharia Maqasid Index and Human Development Index: Which One is Happier? Nur Hajrina; Wahyu Jatmiko
Media Syari'ah Vol 17, No 2 (2015)
Publisher : Sharia and Law Faculty

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/jms.v17i2.1939

Abstract

This research aims to find a more precise composite measurement format (index) in quantifying the ultimate achievement of human existence, which is happiness, in Organization of Islamic Cooperation (OIC) countries. Up until now, Human Development Index (HDI) is considered to be sufficiently representing the measure of human well-being. However, Easterlin (1974) argues that higher welfare does not always imply to higher happiness. Blanchflower and Oswald (2005) prove the statement of Easterlin (1974) by demonstrating the paradox between HDI level and happiness in Australia. Further, the measure of HDI is said to be less representative in reflecting happiness as it has not yet incorporated the element of religiosity. Thus, several of the new composite measures of well-being in Muslim countries have been proposed, one of them is Sharia Maqasid Index constructed by Ali and Hasan (2014). This research attempts to make comparison between HDI and Sharia Maqasid Index and to decide which of the two indices gives the best measure of human happiness. The authors employ Ordered Logit method and use data taken from World Value Survey along the period of 1999-2009 to measure happiness as in Leigh and Wolfers (2006), as well as to measure Sharia Maqasid Index as in Ali and Hasan (2014). Findings of this research can benefit the government of OIC countries to determine a more precise index as a benchmark to set more appropriate public policies.
Determinants and Impacts of Trust on Awqaf Institutions: Intergenerational Evidence from Indonesia Banu Muhammad Haidlir; Wahyu Jatmiko; A. Azizon; Rahmatina Awaliyah Kasri; Bambang Shergi Laksmono
ETIKONOMI Vol 22, No 1 (2023)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v22i1.26307

Abstract

This study evaluates the determinants and impacts of trust toward awqf institutions. We extend previous studies by examining the determining role of religiosity and knowledge on trust towards awqf institutions, in addition to the role of reputation and integrity. Our study differs from the previous studies as we incorporate the intergenerational analysis of 658 experienced and inexperienced Indonesian waqf donors by employing the PLS-SEM method. Our findings suggest that religiosity and knowledge significantly influence trust toward awqf institutions. However, the impact differs across generations X, Y, and Z. While the direct impacts of religiosity and knowledge on the intention to do cash waqf are insignificant for certain generations, the variables significantly impact the intention of all generations when moderated by the trust. Therefore, our primary implication is for awqf institutions to know their customers better and offer more trust-enhancing programs for the inexperienced younger generations.JEL Classification: Z12, L31How to Cite:Haidlir, B. M., Jatmiko, W., Azizon, A., Kasri, R. A., & Laksmono, B. A. (2023). Determinants and Impacts of Trust on Awqf Institutions: Intergenerational Evidence from Indonesia. Etikonomi, 22(1), 175–196. https://doi.org/10.15408/etk.v22i1.26307.
Determinants and Impacts of Trust on Awqaf Institutions: Intergenerational Evidence from Indonesia Banu Muhammad Haidlir; Wahyu Jatmiko; A. Azizon; Rahmatina Awaliyah Kasri; Bambang Shergi Laksmono
ETIKONOMI Vol 22, No 1 (2023)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v22i1.26307

Abstract

This study evaluates the determinants and impacts of trust toward awqf institutions. We extend previous studies by examining the determining role of religiosity and knowledge on trust towards awqf institutions, in addition to the role of reputation and integrity. Our study differs from the previous studies as we incorporate the intergenerational analysis of 658 experienced and inexperienced Indonesian waqf donors by employing the PLS-SEM method. Our findings suggest that religiosity and knowledge significantly influence trust toward awqf institutions. However, the impact differs across generations X, Y, and Z. While the direct impacts of religiosity and knowledge on the intention to do cash waqf are insignificant for certain generations, the variables significantly impact the intention of all generations when moderated by the trust. Therefore, our primary implication is for awqf institutions to know their customers better and offer more trust-enhancing programs for the inexperienced younger generations.JEL Classification: Z12, L31How to Cite:Haidlir, B. M., Jatmiko, W., Azizon, A., Kasri, R. A., & Laksmono, B. A. (2023). Determinants and Impacts of Trust on Awqf Institutions: Intergenerational Evidence from Indonesia. Etikonomi, 22(1), 175–196. https://doi.org/10.15408/etk.v22i1.26307.
Co-Authors A. Azizon Banu Muhammad H. Elfrida Ratnawati Laksmono, Bambang Shergi Nur Hajrina Rahmatina Awaliyah Kasri