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Persepsi Konsumen Terhadap Keinginan Pembelian Produk Halal Di Kota Pekanbaru Saru Reza; Mifta Hasda; Muhammad Syaipudin; Syafnur Muhammad Rizky
General Multidisciplinary Research Journal Vol. 1 No. 2 (2024)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/general.v1i2.10

Abstract

Introduction: This research aims to analyze consumer perceptions regarding their desire to purchase halal products in Pekanbaru City. In the era of globalization and increasing awareness of the importance of halal products, understanding the factors that influence consumer desires is very important. Methods: This research uses a quantitative approach with survey methods. The survey was conducted on 204 respondents who were randomly selected from various areas in Pekanbaru City. Data was collected using a questionnaire. Data analysis was carried out using descriptive analysis and analyzed simply based on the highest indicator value of the variable being observed. Results: This research shows that the majority of respondents in Pekanbaru City have good knowledge about the latest halal logo from BPJPH and BPJPH's authority in managing halal certification. Respondents also felt that halal labeling was very helpful in making product purchasing decisions, and they tended to choose products labeled halal even though the price was more expensive. Quality standards, quality, and halal guarantees are the main considerations in purchasing products. Conclusion and Suggestions: This research concludes that consumers in Pekanbaru City pay great attention to knowledge about halal logos and certification authorities in choosing halal products. The halal label is considered to guarantee product quality, and consumers are willing to pay more for products labeled halal. Producers and marketers are advised to increase information and education about halal products, maintain brand quality and reputation, and ensure products have clear and reliable halal certification.
The Role of Religiosity in Shaping Ethical Business Behavior among MSME Actors in the Elementary School Environment of Pekanbaru City Muhammad Syaipudin; Muhamamd Zakir; Hidayat Hidayat
General Multidisciplinary Research Journal Vol. 2 No. 2 (2025)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63453/general.v2i2.46

Abstract

Introduction:This research is motivated by the importance of religiosity in shaping ethical business behavior, particularly among MSMEs in Pekanbaru City's Public Elementary Schools (SDN). In the context of increasingly competitive economic development, moral and spiritual values ​​are a crucial foundation for maintaining justice and blessings in business activities. Methods:This study employed a descriptive quantitative approach with a survey method. Data were collected through offline questionnaires distributed to 66 MSME respondents within the Pekanbaru City elementary school environment from September 2023 to July 2024. The study population comprised 193 public elementary schools in Pekanbaru City, and the sample size was determined using the Slovin formula with a 10% precision. Data collected included respondent characteristics (gender, age, education level) as well as indicators of religiosity and ethical business behavior. Results:The results showed that the majority of respondents were male (73%), with a productive age group of 30–39 years (47%), and a high school education level (55%). High levels of religiosity have been shown to be positively correlated with ethical business behavior. Business actors with a good understanding and practice of religion tend to be more honest, responsible, and fair in their trading activities. Conclusion and Suggestion: This study concludes that religiosity has a significant influence on the formation of ethical business behavior among MSMEs. Religious values ​​serve as moral guidelines for conducting business in accordance with the principles of justice and blessings. Therefore, it is recommended that local governments, religious institutions, and schools collaborate in providing education and guidance on Islamic business ethics for MSMEs within the school environment.
The Effectiveness of Microfinance Schemes in Promoting the Sustainability of Micro Enterprises in Developing Countries Bunga Andini; Mifta Hasda; Muhammad Syaipudin
General Multidisciplinary Research Journal Vol. 3 No. 1 (2026)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63453/general.v3i1.66

Abstract

Introduction: Micro, Small, and Medium Enterprises (MSMEs) play a strategic role in the national economy, particularly in job creation and strengthening the people's economy. However, limited access to formal financing sources remains a major obstacle hindering MSME performance. Microfinance serves as a crucial instrument for expanding financial inclusion and encouraging microenterprise development. This study aims to analyze the effect of microfinance on MSME performance. Methods: This study used a quantitative approach with a survey of 320 MSMEs who had received microfinance. Data were collected through a structured questionnaire that had been tested for validity and reliability. The sampling technique used purposive sampling, with the criteria being that respondents had received microfinance for at least one year. Data analysis was conducted using multiple linear regression to examine the effect of microfinance on MSME performance. Results: The analysis shows that microfinance has a positive and significant effect on MSME performance. Microfinance has been proven to improve business performance, as reflected in increased revenue, more efficient business management, and business sustainability. The results of the validity and reliability tests indicate that all research indicators meet the required measurement criteria, so the results of the hypothesis testing can be interpreted scientifically and reliably. Conclusion and Suggestion: This study concludes that microfinance is a significant factor in improving MSME performance. Therefore, it is recommended that microfinance institutions and policymakers not only expand microfinance distribution but also improve the quality of financing through schemes tailored to MSME needs and business mentoring support to ensure the sustainable impact of financing.
Comparative Analysis of The Benefits of Sukuk and Bonds in Indonesia Suci Mardiyah; Alfiatun Zahrah; Muhammad Syaipudin; Mifta Hasda; Wahyu Febri Ramadhan Sudirman
Journal of Financial and Business Vol 1 No 1 (2024)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i1.13

Abstract

This research aims to analyze the comparison of profits between sukuk and bonds in Indonesia, focusing on aspects such as structure, principles, and regulations, as well as the risk and profit profile of each instrument. Sukuk, which is based on Islamic sharia principles, offers the benefits of real asset ownership and profit-sharing-based income, while conventional bonds offer certainty of income through fixed interest payments. This study also discusses regulations governing the issuance of sukuk and bonds, and their impact on investment security and transparency. The analysis results show that sukuk are more attractive to investors who seek sharia compliance and stability in real assets, while bonds are more attractive to those who want income certainty and investment flexibility. This research concludes that the choice between sukuk and bonds must be adjusted to the risk profile, investment objectives, and personal preferences of each investor in Indonesia.
Development of Mutual Funds in The Indonesian Capital Market Syafnur Muhammad Rizky; Bunga Andini; Mifta Hasda; Muhammad Syaipudin; Wahyu Febri Ramadhan Sudirman
Journal of Financial and Business Vol 1 No 1 (2024)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i1.15

Abstract

This research examines the development of mutual funds in the context of the Indonesian capital market. Mutual funds have become one of the investment instruments that is increasingly popular and important in diversifying investor portfolios in Indonesia. This research aims to analyze the factors that influence the growth of mutual funds, the role of regulation in regulating the market, and the challenges faced in optimizing the potential of mutual funds as an effective and safe investment instrument. This study uses a descriptive-analytical approach by collecting secondary data from various literature sources related to the development of capital markets and mutual funds in Indonesia. The analysis results show that the growth of mutual funds is influenced by increasing public financial awareness and ease of access to information about investment products. The regulatory role carried out by the Financial Services Authority (OJK) also contributes to creating a more structured and safe investment environment for investors. However, several challenges need to be overcome, such as market fluctuations which can affect investment values, liquidity problems in several types of mutual funds, as well as expanding financial education to the public. Better regulation is needed to address these challenges and increase transparency and protection for investors.
The Role of Baitul Maal Wat Tamwil (BMT) in Community Economic Empowerment Al Insani Mutiara Ramadhan; Muhammad Zaim; Sela Hermawati; Wahyu Febri Ramadhan Sudirman; Muhammad Syaipudin
Journal of Financial and Business Vol 1 No 2 (2025)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i2.30

Abstract

This study aims to examine the role of Baitul Maal wat Tamwil (BMT) in empowering the community's economy, especially in areas with low levels of economic welfare. BMT as a sharia-based microfinance institution has two main functions: a social fund management institution (Baitul Maal) and a commercial financial institution (Baitul Tamwil). This study uses a qualitative approach with a case study method on several BMTs in the research area. Data were collected through in-depth interviews, observations, and documentation, then analyzed using thematic analysis techniques. The study results indicate that BMT has contributed to improving the community's standard of living through micro-business financing, entrepreneurship training, and management of social funds in the form of zakat, infaq, and sedekah. In addition, BMT also plays a role in strengthening the community's social capital by encouraging active participation in community-based economic activities. The obstacles BMT faces in economic empowerment include limited capital, lack of financial literacy in the community, and challenges in maintaining sharia principles amidst competition from conventional financial institutions.
Legal Risk Analysis in the Sharia Bank Operational System Alfiatun Zahrah; Suci Mardiyah; Muhammad Syaipudin; Saru Reza
Journal of Financial and Business Vol 1 No 2 (2025)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/jfb.v1i2.33

Abstract

This study analyzes legal risks in the operational system of Islamic banks, with the aim of identifying factors that can affect legal compliance and their implications for the stability of Islamic banking. Islamic banks operate based on sharia principles as stated in national regulations and fatwas of the National Sharia Council (DSN), so that potential legal risks can arise due to inconsistencies in products and services with sharia provisions, changes in regulations, and lack of legal understanding by stakeholders. This study uses a qualitative method with an analysis of Islamic banking regulations, case studies of legal disputes, and interviews with practitioners and regulators. The results of the study indicate that strengthening compliance with sharia regulations and harmonization between positive law and Islamic law are key to mitigating legal risks. In addition, increasing contract transparency, legal education for industry players, and the active role of supervisory authorities can increase the effectiveness of the operational system of Islamic banks. Thus, this study provides strategic recommendations for Islamic banks in managing legal risks in order to maintain the sustainability and trust of customers in the Islamic banking industry.
Concepts, Classification, and Product Development Strategies in Modern Marketing: A Literature Review Binda Rahma Cahyani; Mifta Hasda; Muhammad Syaipudin
Journal of Financial and Business Vol 3 No 1 (2026)
Publisher : Global Sustainability Research Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63453/jfb.v3i1.83

Abstract

This article discusses the concept and classification of products as an important part of marketing activities and business development. A product is anything that can be offered to the market to satisfy consumer needs and wants, whether in the form of goods or services. In the business world, understanding product concepts is essential for companies to create value and customer satisfaction. The discussion in this article includes the definition of products, product levels, and various product classifications based on durability, usage, and consumer characteristics. In addition, this article explains the importance of product development strategies in facing increasingly competitive market conditions. The method used in writing this article is a literature study by collecting various sources from books, journals, and scientific references related to marketing management. The results show that product classification helps companies determine appropriate marketing strategies, including pricing, promotion, distribution, and market segmentation. By understanding product concepts and classifications comprehensively, companies can improve product quality and maintain long-term customer loyalty.