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Analisis Kebijakan Moneter dan Pengaruhnya Terhadap Perekonomian Indonesia Periode 2021-2022 Karim Karim; Novita Rahmasari; Kasem Kasem; Rasidah Novita Sari
Moneter : Jurnal Ekonomi dan Keuangan Vol. 2 No. 1 (2024): Januari : Moneter : Jurnal Ekonomi dan Keuangan
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/moneter.v2i1.160

Abstract

Indonesia's economic growth continues to increase and reaches inflation levels. As has happened in the last 2 years, there has been a quite drastic increase in inflation from 2021 of 1.56% and 2022 of 4.21%. This resulted in a decrease in rising inflation. Inflation is the impact of increasing or decreasing economic growth in a country. With increasing economic growth from trade activities or increased buying and selling along with increasing supply of businesses or producers, it can result in an increase in more buyers or consumers to shop, resulting in an increase in the prices of some good products or services market goods. One way to anticipate increasing inflation policies is that the government must control interest rates. Policies in this case must be made by the monetary authority in Indonesia, Bank Indonesia.
Efektivitas Instrumen Kebijakan Moneter Syariah dalam Menjaga Stabilitas Nilai Tukar Serliani Lubis; Aufilana Rohmatika; Siti Aliyah; Rasidah Novita Sari
Moneter : Jurnal Ekonomi dan Keuangan Vol. 3 No. 1 (2025): Januari : Moneter : Jurnal Ekonomi dan Keuangan
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/moneter.v3i1.1070

Abstract

Exchange rate stability is an important indicator in maintaining the balance of a country's economy, especially in facing global market dynamics. This research aims to analyze the effectiveness of sharia monetary policy instruments in maintaining exchange rate stability, with a focus on the principles of justice, transparency and stability which are the basis of the Islamic economic system. Instruments such as sukuk, mudarabah contracts, and ijarah are analyzed from theoretical and empirical perspectives to measure their impact on exchange rate fluctuations. This study uses a qualitative approach with analysis of secondary data obtained from various economic reports, scientific journals and related statistical data. The research results show that sharia monetary policy has significant potential in mitigating exchange rate volatility through stable liquidity management and a system free from speculation. Consistent implementation of sharia principles can also increase market confidence in the domestic currency. Furthermore, this research finds that integration between sharia monetary policy and conventional approaches can create synergy in maintaining exchange rate stability. This collaboration allows the monetary authority to be more flexible in responding to global economic challenges without abandoning sharia principles. Apart from that, educating market players regarding the benefits of sharia monetary policy is considered important to expand the adoption of this instrument. This study concludes that the successful implementation of sharia monetary policy is highly dependent on the commitment of the government and regulators in providing a conducive ecosystem, including financial infrastructure, strengthening regulations, and integrated policy support. This research provides theoretical and practical contributions in the development of sharia-based monetary policy in countries with dual economic systems.
Dampak Krisis Keuangan Global Terhadap Pertumbuhan Ekonomi di Indonesia Lala Puspita Sari; Muslihah Muslihah; Rifki Mutohari; Rasidah Novita Sari
Moneter : Jurnal Ekonomi dan Keuangan Vol. 3 No. 1 (2025): Januari : Moneter : Jurnal Ekonomi dan Keuangan
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/moneter.v3i1.1094

Abstract

This article examines how Indonesia's economic growth was affected by the global financial crisis brought on by the US subprime mortgage crisis. In addition to having an effect on Indonesia through trade and financial channels, this crisis led to a downturn in the demand for consumer spending, investment, and exports in developing nations. This decrease was a contributing factor to the drop in Indonesia's GDP. The research approach adopted is literature study with analysis of pertinent literature. In addition, this article also covers comments on the causes of the crisis from conventional and Islamic economic viewpoints, as well as the significance of market reform to prevent excessive speculation. The author highlights how using the concepts of Islamic finance can be beneficial enhance the domestic financial sector to increase its resilience to external shocks and avert future crises.
Pengaruh Implementasi Kebijakan Moneter Syariah Terhadap Pertumbuhan Ekonomi di Indonesia Periode 2020-2023 Octaviana Dainy; Ismatul Hasanah; Siti Sopia; Rasidah Novita Sari
Moneter : Jurnal Ekonomi dan Keuangan Vol. 3 No. 1 (2025): Januari : Moneter : Jurnal Ekonomi dan Keuangan
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/moneter.v3i1.1101

Abstract

The aim of this research is to examine how Indonesia's economic growth in the 2020–2023 era is influenced by the implementation of sharia monetary policy, especially the Bank Indonesia Sharia Certificate (SBIS) and sharia sukuk instruments. This research uses a literature review methodology and analyzes secondary data from sources such as books, scientific journals and articles. An important component of this research is statistical data, which includes information regarding inflation, economic developments and sharia monetary policy collected from official organizations such as the Financial Services Authority (OJK), Bank Indonesia and the Central Statistics Agency (BPS). Economic development and changes in SBIS rates are not significantly correlated, according to data analysis. However, the evolution of Islamic sukuk shows a very encouraging pattern. Investor interest in sharia sukuk is increasing, this shows the enormous potential of this instrument in spurring economic expansion. The findings of this research indicate that sharia sukuk have enormous potential as a source of development financing and can play an important role in driving progress in the Indonesian economy, although the contribution of SBIS is less significant.
Analisis Transmisi Kebijakan Moneter Syariah Terhadap Kinerja UMKM di Kota Serang Syahlaa Salsabiil Putri; Nasywa Nabil Oktaviani; Ratu Eprilla Maharani; Rasidah Novita Sari
Moneter : Jurnal Ekonomi dan Keuangan Vol. 3 No. 1 (2025): Januari : Moneter : Jurnal Ekonomi dan Keuangan
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/moneter.v3i1.1103

Abstract

The branch of economics called Islamic monetary policy discusses the nature, function, and impact of monetary policy in a country. Not only the supply and demand of money, this Islamic monetary emphasizes the principles of justice and brotherhood that pursue equality and create equitable distribution of wealth and income. The purpose of this research is to see how the transmission of Islamic monetary policy on the performance of MSMEs in Serang City. To stay competitive or even win the competition, an organization can evaluate its strategy in the face of an ever-changing market. Micro, Small and Medium Enterprises (MSMEs) are very flexible and resilient to the economy, but they have several limitations such as financial capabilities and human resources. To gain a competitive advantage, MSMEs must be able to determine the right strategy. This research uses a descriptive approach by using observation techniques and interviews with MSME actors in Serang City. Based on the results of the study, it shows that the sharia monetary policy applied to the performance of MSMEs in Serang City is very helpful for business actors by providing access to safe capital, effective money management training, and information technology-based marketing training.
Peran Uang dalam Sistem Moneter Islam : Membangun Ekonomi yang Adil dan Stabil Evi Silvia Aulina; Lilis Lilis; Rifda Amaliatun Nisa; Rasidah Novita Sari
Moneter : Jurnal Ekonomi dan Keuangan Vol. 3 No. 1 (2025): Januari : Moneter : Jurnal Ekonomi dan Keuangan
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/moneter.v3i1.1106

Abstract

Examining how the Islamic monetary system uses money to build a stable and just economy is the aim of this study. Money is not to be hoarded or handled like a commodity, according to the Islamic monetary system, which views it as a public good and flow notion that functions as a medium of exchange and a unit of value. In Islam, money serves primarily as a medium of exchange, a standard of payment, and a gauge of value, speculation and wealth hoarding are prohibited. In contrast to traditional interest-based systems, the Islamic monetary system places a higher priority on mechanisms that allow for profit-and-loss sharing. Because hoarding money can slow down economic turnover and produce stagnation, it is forbidden in Islam. This is because money must continue to circulate in order to preserve economic viability. QS Al-Hasyr: 7 and QS At-Taubah: 34–35, which explain hoarding of wealth and promote the use of money for the good of society, both highlight this principle of wealth sharing. Using data from pertinent literature and journals, this study employs a qualitative methodology based on literature reviews. Furthermore, This study is expected to provide the groundwork for a more effective sharia monetary policy that encourages equitable and balanced economic growth.
Strategi Inovasi Produk Keuangan Syariah untuk Meningkatkan Inklusi Finansial Ainun Nufus; Natasya Natasya; Mas Munfasiroh; Rasidah Novita Sari
SANTRI : Jurnal Ekonomi dan Keuangan Islam Vol. 2 No. 6 (2024): Desember : Jurnal Ekonomi dan Keuangan Islam
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/santri.v2i6.1016

Abstract

This study aims to analyze strategies for product innovation in Islamic finance to enhance financial inclusion, a significant challenge in countries with large Muslim populations such as Indonesia. The research employs a qualitative approach, utilizing data from various literature sources, including academic journal articles, reports from Islamic financial institutions, and government regulations. The findings reveal that Islamic financial product innovation can be categorized into new product development, digital technology adoption, improvement of Islamic financial literacy, and cross-sectoral collaboration. Products such as microfinance based on Sharia contracts, digital waqf savings, and technology-driven Takaful insurance exemplify innovations aligned with modern societal needs. Additionally, Islamic fintech platforms have expanded financial access for remote communities, despite challenges such as low digital literacy and limited infrastructure. Islamic financial literacy emerges as a crucial element influencing public trust and participation in formal financial systems. In practice, cross-sector collaboration among Islamic financial institutions, governments, and the technology sector serves as a strategic approach to address regulatory barriers, competition with conventional sectors, and inconsistent global standards. This study recommends strengthening regulations, enhancing financial literacy, developing inclusive digital technologies, and fostering international cooperation to support the sustainable growth of the Islamic finance sector. With integrated strategies, Islamic finance holds significant potential not only to improve financial inclusion but also to create a fairer, more inclusive financial system that aligns with Islamic values in the modern era.
Analisis Dampak dan Risiko Pemindahan Ibu Kota Negara terhadap Stabilitas Inflasi di Indonesia Farid Maulana; Maziyah Farhah; Elmesie Berlentie; Rasidah Novita Sari
SANTRI : Jurnal Ekonomi dan Keuangan Islam Vol. 2 No. 6 (2024): Desember : Jurnal Ekonomi dan Keuangan Islam
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/santri.v2i6.1029

Abstract

The development of the National Capital City (IKN) triggers an increase in demand for goods and services, especially in the construction and basic needs sectors, which can cause a spike in regional and national inflation. Monetary policy faces new challenges, including increasing interest rates and the risk of rupiah exchange rate volatility due to dependence on foreign debt financing. These projects also influence economic distribution, creating investment opportunities, but potentially increasing economic inequality. This research emphasizes the importance of coordination between monetary and fiscal policies to mitigate negative impacts on national economic stability.
ANALISIS PENGARUH TINGKAT SUKU BUNGA DAN PERTUMBUHAN UANG TERHADAP INFLASI DALAM EKONOMI MONETER TAHUN 2010-2023 Raudatun Nisa Fitri; Lina Maolina Safitri; Surya Permana; Rasidah Novita Sari
Jurnal Media Akademik (JMA) Vol. 2 No. 11 (2024): JURNAL MEDIA AKADEMIK Edisi November
Publisher : PT. Media Akademik Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62281/v2i11.1042

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh tingkat suku bunga dan pertumbuhan uang terhadap inflasi dalam konteks ekonomi moneter. Inflasi yang tinggi dapat mengganggu stabilitas ekonomi dan daya beli masyarakat, dengan menggunakan data sekunder dari Bank Indonesia dan Badan Pusat Statistik selama periode 2010-2023. Hasil penelitian menunjukkan bahwa tingkat suku bunga dan pertumbuhan uang tidak berpengaruh yang signifikan secara statistik terhadap inflasi. Ketidaksignifikanan ini kemungkinan disebabkan oleh berbagai faktor, seperti karakteristik ekonomi, perilaku pasar, atau dominasi variabel lain yang lebih berpengaruh terhadap inflasi. Hal ini mengindikasikan bahwa efektivitas kebijakan moneter melalui instrumen tingkat suku bunga dan pengendalian pertumbuhan uang mungkin tidak cukup optimal dalam situasi tertentu. Penelitian ini memberikan wawasan penting tentang keterbatasan kebijakan moneter dalam mengendalikan inflasi di Indonesia. Temuan ini mendukung teori kuantitas uang yang menyatakan bahwa peningkatan jumlah uang beredar cenderung memicu inflasi. Selain itu, hasilnya juga membuka peluang untuk penelitian lebih lanjut yang mempertimbangkan variabel atau pendekatan alternatif dalam memahami dinamika inflasi.
Mekanisme Bagi Hasil dalam Kebijakan Moneter Syariah : Prinsip, Praktik, dan Implikasinya Terhadap Stabilitas Ekonomi Fathin Nur Muhammad; Firman Hidayatullah; Muhammad Saddam Al-andalusi; Rasidah Novita Sari
Jurnal Bisnis, Ekonomi Syariah, dan Pajak Vol. 1 No. 4 (2024): Desember : Jurnal Bisnis, Ekonomi Syariah, dan Pajak (JBEP)
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/jbep.v1i4.666

Abstract

The principle of profit sharing based on the concept of risk-sharing offers an alternative approach that is in line with sharia values, in contrast to the conventional interest system. This mechanism is implemented through instruments such as mudharabah and musharakah that support the financing of productive projects. However, its implementation faces challenges related to income fluctuations that can affect the stability of Islamic financial institutions. This research highlights the importance of innovation to increase the effectiveness of sharia monetary policy for inclusive and sustainable economic growth.