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Impact of attitude, subjective norms, and perceived behavioural control on intention to invest in retail green sukuk among Muslim millennials in Jabodetabek Ikhsan , Muhammad Ananda; Wulandari, Ries
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art9

Abstract

IntroductionRetail green sukuk is an environmentally friendly investment option for millennials. However, there have not been many studies related to this in the context of millennials in big cities in Indonesia.ObjectivesThis research aims to analyse the impact of attitude, subjective norms, and perceived behavioral control in intention to invest in retail green sukuk among Muslim millennials in Jabodetabek.MethodThis research uses the PLS-SEM (Partial Least Square Structural Equation Modeling) which presents the results of regression analysis relating to testing the relationship between endogenous and exogenous variables. A total of 183 Muslim millennials participate in this research by fulfilling an online questionnaire.ResultsThe results of this research show that these three variables significantly influence Green Sukuk investment interest among Millennial Muslims in Jabodetabek, with a significance value of attitude of 0.669, subjective norm of 0.213, and perceived behavioral control of 0.030.ImplicationsGovernments or other corporations issuing retail green sukuk instruments should focus more on promoting their green initiatives. This will create a positive attitude among millennial investors toward Retail green sukuk instruments.Originality/NoveltyThis study provides insights into the intention to invest in environmentally friendly financial product among Muslim millennials living in large cities in Indonesia.
Zakat and poverty alleviation in Muslim countries: A Biblioshiny application Wahyuni, Putri; Wulandari, Ries
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art12

Abstract

IntroductionPoverty is a topic that is hotly discussed in the economic world, especially in developing countries, including Muslim countries. However, research on scientific developments regarding poverty in Muslim countries is still limited.ObjectivesThis study aims to examine trends in the development of zakat and poverty alleviation in Muslim countries using the Scopus database over a period of 32 years from 1991 with the keyword zakat poverty.MethodA bibliometric approach was used to answer this goal by mapping research publications with the help of R-Biblioshiny software.ResultsThe results found 172 document sources discussing this topic, of which 114 journal articles made the largest contribution. The most relevant journal is Journal of Islamic Accounting and Business Research. Apart from that, the largest country's publication contribution is Malaysia, with 160 articles, with the most productive writer Saad Raj, who has a fairly extensive network of author collaborations. Finally, the relationship between words divided into five naming clusters is an important discussion in this research.ImplicationsThe mapping results in this study can serve as a reference for developing new research on zakat and poverty alleviation in Muslim countries in the future.Originality/NoveltyThis study contributes to the mapping of scientific developments on the topic of poverty in Muslim countries.
RETESTING OF PROCYCLICALITY IN INDONESIAN SHARIA BANKING DURING THE COVID-19 Fathoni, Mohamad Rifqi; Wulandari, Ries; Zainuri
Jurnal Ekonomi dan Bisnis Airlangga Vol. 33 No. 1 (2023): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V33I12023.79-90

Abstract

Introduction: The Covid-19 pandemic is unique because the financial sector is usually affected earlier when a shock occurs, but in this incident, the real industry is more affected. Differences of opinion regarding procyclicality maintain the importance of early indication. Methods: This study aims to reexamine procyclicality in Islamic banking using the VAR/VECM method. Results: The results show that Islamic banks are proxies that support economic development without causing bubbles. Conclusion and suggestion: The avoidance of MAGHRIB (Maysir, Gharar and Riba) ultimately makes Islamic banks have financing characteristics that are different from conventional loans.
Agricultural Credit Supply in Developing Eight Organization’s Member Countries: The Behavior Towards Agricultural Risk Wulandari, Ries; Siregar, Hermanto; Firdaus, Muhammad; Beik, Irfan Syauqi
Agro Bali : Agricultural Journal Vol 7, No 3 (2024)
Publisher : Universitas Panji Sakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37637/ab.v7i3.1773

Abstract

The 11th Global Food Security Index (2022) shows an increase in agriculture risk and a decline in the food environment for the third year which is feared to threaten global food security.  It is urgent to have more concern for food security in advanced and emerging economies, such as Developing Eight (D-8) economies.  This paper analyzes the determinants of agriculture credit supply in D-8’s banking and how they affect agriculture risk.  The study uses panel quarterly time series data from 2013Q01-2022Q04 and cross-section data from 7 countries as members of the Developing Eight (D8) Organization. This study employs the dynamic panel analysis, Panel Autoregressive Distributed Lag (PARDL) - Pooled Mean Group (PMG) approach. The result shows that agriculture credit supply and its explanatory variables have a significant relationship in the long run. Unfortunately, only previous credit supply and agriculture risk contribute to the agriculture credit supply in the short run. The result varies across countries in the short run.  Banking in Indonesia considers agricultural risk by decreasing the agricultural credit supply while banking in Malaysia and Turkey maintains a positive agricultural credit supply despite the increase in agricultural risk.
Analisis Pengaruh Inflasi, Produk Domestik Bruto (PDB), Nilai Tukar Mata Uang Asing dan Suku Bunga Terhadap Profitabilitas Bank Umum Syariah di Indonesia (Studi Kasus Bank Muamalat Periode 2007-2023) Zuhdi , Muhammad Naufal; Wulandari, Ries; Setyowati, Eni
LITERATUS Jurnal Ilmiah Internasional Sosial dan Budaya
Publisher : Neolectura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37010/lit.v6i1.1575

Abstract

This research aims to analyze the influence of Inflation, Gross Domestic Product, Exchange Rates and Interest Rates on the profitability of Islamic banking, especially Bank Muamalat. This research uses descriptive quantitative methods. The data in this research is secondary time series data published by the Central Statistics Agency (BPS), Bank Indonesia (BI), Financial Services Authority (OJK). The data analysis technique uses multiple linear regression analysis which has previously been tested with classical assumptions. The results of multiple linear regression include that inflation and exchange rates have a significant effect on RoA, GDP and interest rates do not have a significant effect on RoA and inflation, economic growth, exchange rates and interest rates have a significant effect on Return on Assets of Bank Muamalat for the 2007-2023 period.
Dinar sebagai Alternatif Keuangan Syariah: antara Instrumen Investasi dan Alat Tukar dalam Regulasi Indonesia (Pendekatan Quantitative Analytic Network Process) Ramadan, Rafdy Adrian Ilham; Wulandari, Ries
Jurnal Pendidikan Tambusai Vol. 10 No. 1 (2026)
Publisher : LPPM Universitas Pahlawan Tuanku Tambusai, Riau, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jptam.v10i1.36439

Abstract

Penelitian ini bertujuan untuk menganalisis posisi Dinar emas dalam sistem keuangan dan regulasi Indonesia serta menentukan strategi pemanfaatannya yang paling optimal sesuai prinsip syariah dan kerangka hukum nasional. Latar belakang penelitian ini adalah perdebatan antara nilai historis dan syariah Dinar sebagai mata uang dengan regulasi negara yang menetapkan Rupiah sebagai satu-satunya alat pembayaran sah. Penelitian menggunakan pendekatan kuantitatif dengan metode Analytic Network Process (ANP) untuk memodelkan keputusan yang kompleks dengan memperhitungkan keterkaitan antar faktor, meliputi aspek regulasi, ekonomi, syariah, dan sosial. Data dikumpulkan melalui wawancara mendalam dan kuesioner perbandingan berpasangan dari lima pakar yang mewakili perspektif akademik, regulasi, praktik pasar, ulama, dan ekonomi. Analisis ANP dilakukan melalui penyusunan jaringan keputusan, matriks perbandingan berpasangan, perhitungan bobot prioritas lokal, uji konsistensi, hingga pembentukan limit supermatrix untuk memperoleh bobot global. Hasil penelitian menunjukkan bahwa faktor regulasi merupakan dominan dalam menentukan posisi Dinar di Indonesia dengan bobot prioritas tertinggi (45,5%), sedangkan aspek ekonomi dan syariah masing-masing sebesar 28,5% dan 16,0%. Strategi optimal adalah memposisikan Dinar sebagai instrumen investasi (store of value) dengan bobot prioritas 72,58%, dibandingkan sebagai alat tukar (27,42%). Temuan ini menegaskan bahwa pemanfaatan Dinar sebagai aset lindung nilai legal dan likuid merupakan solusi pragmatis yang selaras dengan prinsip syariah dan kedaulatan moneter Indonesia.