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Inklusi Keuangan dan Pemberdayaan Ekonomi: Evaluasi Efektivitas Produk Keuangan Syariah dalam Meningkatkan Akses Keuangan bagi Masyarakat Marginal Fitriani; Efendi Sugianto; Shylvia Andriani; Rihfenti Ernayani; Dyah Mieta Setyawati
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2406

Abstract

Financial inclusion and economic empowerment have become major focal points in efforts to improve financial access for marginalized communities. This is particularly crucial in the current global context where economic inequality and access to financial services remain serious issues. This article aims to evaluate the role of Shariah-compliant financial products in supporting financial inclusion and economic empowerment among marginalized groups. The literature review method used in this article provides a strong foundation for collecting and analyzing various related articles, including policy reviews and market analyses. Through in-depth review, this article illustrates that Shariah-compliant financial products have significant potential to provide more inclusive, transparent, and sustainable solutions in enhancing financial access for marginalized communities. Key factors such as trust, understanding of Shariah principles, and supportive regulations are also emphasized as essential elements in strengthening the effectiveness of these financial products. Additionally, the implications of the findings in this article are crucial in providing guidance for stakeholders, regulators, and financial practitioners. By understanding the potential and advantages of Shariah-compliant financial products, stakeholders can develop more effective strategies to improve financial inclusion and economic empowerment among marginalized communities. Thus, this article not only provides insights but also offers a clear direction for further steps in strengthening financial access for all layers of society, while promoting sustainable and inclusive economic development.
The Role of Government in Efforts to Resolve Labor Conflicts on Industrial Relations in The Company Efran Dinata; Efendi Sugianto
International Journal of Economics Development Research (IJEDR) Vol. 5 No. 1 (2024): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v5i2.5243

Abstract

Your research approach seems thorough and well-structured, focusing on providing a comprehensive understanding of the role of the government in resolving labor relations conflicts in Indonesia. By using a qualitative descriptive approach and collecting data from various sources, including library research and field surveys, you aim to gain insights into the strategies, policies, and mechanisms employed by the government in addressing these conflicts. The qualitative method with an exploratory approach is suitable for delving into the complexity and dynamics of the government's role in resolving labor relations conflicts. This approach allows for a deeper understanding of the nuances and contextual factors involved in such disputes. Your findings regarding the government's active role in resolving labor relations conflicts are supported by data from the Industrial Relations Court. The comparison between cases resolved at the tripartite level and those escalated to the industrial court level provides valuable insights into the effectiveness of government intervention at different stages of conflict resolution. Overall, your research appears to provide valuable insights into the role of the government in labor relations conflicts in Indonesia and lays a solid foundation for further analysis and evaluation of the impact of government strategies and policies on stability in this context.
The Effect of Sharia Financing Availability on Economic Growth of MSMEs in Sukabumi Moh Gifari Sono; Eko Sudarmanto; Dyah Palupiningtyas; Efendi Sugianto
West Science Interdisciplinary Studies Vol. 1 No. 11 (2023): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v1i11.385

Abstract

This research investigates the effect of the availability of Islamic financing on the economic growth of Micro, Small, and Medium Enterprises (MSMEs) in Sukabumi. A sample of 197 MSMEs participated in the study, providing data on Islamic financing utilization, financial performance indicators, and other relevant variables. The analysis employs Structural Equation Modeling with Partial Least Squares (SEM-PLS) to examine the relationships between these variables. The results reveal a significant and positive relationship between the availability of Islamic financing and the economic growth of MSMEs. Additionally, the study uncovers the mediating role of financial performance indicators, indicating that improved financial performance acts as a mechanism through which Islamic financing positively influences economic growth. Furthermore, the moderation analysis highlights the varying impact across different enterprise sizes, with medium-sized enterprises experiencing a more pronounced positive effect. The practical implications of these findings are discussed in the context of policy, financial institutions, and MSME owners. Policymakers can use the results to design targeted policies, financial institutions can refine their strategies, and MSME owners gain insights into the benefits of utilizing Islamic financing.
Analysis of the Effect of Accounting Information Quality, Institutional Ownership, and Financial Performance on Capital Market Reaction: A Case Study on Company XYZ on the Indonesia Stock Exchange Fithriah Napu; Ridwansyah Ridwansyah; Sukardi Sukardi; Efendi Sugianto
West Science Accounting and Finance Vol. 1 No. 03 (2023): West Science Accounting and Finance
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsaf.v1i03.366

Abstract

This research investigates the interplay between accounting information quality, institutional ownership, financial performance, and capital market reactions within the context of the Indonesia Stock Exchange (IDX). Employing Structural Equation Modeling with Partial Least Squares (SEM-PLS), a diverse sample of IDX-listed companies spanning various sectors, sizes, and leverage levels was analyzed. The measurement model assessment confirmed the reliability and validity of selected indicators, while the structural model revealed significant positive relationships between accounting information quality and institutional ownership with capital market reactions. Surprisingly, financial performance did not show a direct impact on market reactions. The model exhibited a good fit, explaining 60.2% of the variance in capital market reactions. Implications for investors and corporate decision-makers are discussed, emphasizing the strategic importance of transparent reporting and attracting institutional investors. Limitations include cross-sectional data and potential endogeneity concerns. This research contributes to the understanding of market dynamics in the Indonesian context and suggests avenues for future exploration.
Legality of Bitcoin in the Perspective of Fiqh Muamalah Achmad Napis Qurtubi; Efendi Sugianto; Muhammad Umar Kelibia
West Science Islamic Studies Vol. 2 No. 03 (2024): West Science Islamic Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsiss.v2i03.1133

Abstract

This study investigates the legality of Bitcoin from the perspective of Fiqh Muamalah through qualitative analysis and literature review. Fiqh Muamalah, an Islamic jurisprudential framework, regulates economic transactions according to Sharia law. The research examines whether Bitcoin, as a digital currency, aligns with Islamic legal and ethical standards by analyzing scholarly articles, religious texts, and fatwas issued by Islamic scholars. Key considerations include Bitcoin's nature as a currency, its speculative role, and potential for illicit activities. Findings reveal diverse scholarly opinions, with some viewing Bitcoin as permissible under specific conditions, while others raise concerns about its speculative nature and lack of intrinsic value. This study aims to provide comprehensive insights into Bitcoin's legality within Fiqh Muamalah, offering valuable information for policymakers, financial institutions, and Muslim investors.
Strategy for Accelerating Development of the National Sharia Economic and Financial Committee (KNEKS) Efforts to Improve Sharia Financial Institutions in Indonesia Efendi Sugianto
Syarikat: Jurnal Rumpun Ekonomi Syariah Vol. 7 No. 1 (2024): Syarikat : Jurnal Rumpun Ekonomi Syariah
Publisher : Program Studi Ekonomi Syariah, Fakultas Agama Islam Universitas Islam Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25299/syarikat.2024.vol7(1).16963

Abstract

Sharia economic and financial development is directed as one of the pillars to strengthen national economic resilience to improve community welfare, in encouraging Sharia economic and financial development adhering to the vision of Sharia economic and financial development which places it as a rational choice for society, namely providing benefits and value In addition, in carrying out economic activities better, sharia economic activities and financial products can become a lifestyle for everyone, so that sharia economics and finance are not exclusive things, but make them inclusive and universal by the principles of rahmatan lil alamin. This research uses a qualitative approach because the type of data used leads to qualitative data with an emphasis on in-depth issues, including the important role of the National Sharia Financial Economics committee, the data sources needed and obtained by the author directly from observations of transactions in using online facilities. as well as documents from the internet. Other data sources relate to literature and library materials, both from books and journal articles related to Islamic financial economics. In the context of Sharia finance, encouraging the Indonesian Sharia finance industry to become a global player with an international reputation and credibility. KNEKS is one of the breakthrough steps to increase the effectiveness and efficiency of implementing national development plans in the Sharia finance and economic sector. Through KNEKS programs it is hoped that goals can be achieved that will produce real results for the general public and the world community.  
Implementation of Musyarakah Agreement In Profit Sharing Cooperation of Investor In Syariah Finance Business Efendi Sugianto
Journal Of Social Science (JoSS) Vol 3 No 11 (2024): JOSS
Publisher : Al-Makki Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57185/joss.v3i11.380

Abstract

In the era of global economic development, the Islamic financial system has emerged as an alternative for various groups who wish to conduct economic activities in accordance with Islamic principles. This study aims to explore how musyarakah contracts are implemented in investment partnerships between investors and businesses in the Islamic financial sector and identify the factors that influence their successful implementation. This research uses a descriptive qualitative approach to understand and analyze the implementation of musyarakah contracts in profit-sharing partnerships in the Islamic financial sector. Primary data was obtained through semi-structured interviews with Islamic business actors, investors, and Islamic finance practitioners. Secondary data were obtained from relevant literature, such as scientific journals, books, and annual reports of Islamic financial institutions. The results show that musyarakah contracts based on the principles of profit sharing and risk sharing provide benefits for both parties. Investors can actively participate in business management with better transparency, while business actors get additional capital to support business expansion. The implementation of musyarakah contracts has shown positive developments in the Islamic financial sector, especially in Indonesia, where regulations and policies have supported the development of sharia-based businesses. However, there are still challenges related to investors' and businesses' understanding of the agreement mechanism, as well as the need for strict supervision to ensure compliance with sharia principles. This research is expected to contribute to the further development of musyarakah contracts in the Islamic finance sector and strengthen the position of Islamic finance in the global market.
The Role Of Islamic Banking In The Development Of Islamic Economic Progress In Indonesia Efendi Sugianto
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 3 (2024): Juli
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i3.6158

Abstract

Economic activities that lead to Islamic Economics or Sharia Economics are increasingly spreading throughout the world, including Indonesia. Sharia economics is an economic system based on sharia values ​​and principles originating from the teachings of the Islamic religion. Experts also define sharia economics. The sharia economy has its own characteristics that differentiate it from other economies. Sharia economics originates from the Koran, hadith or sunnah, ijmak and qiyas. The goal of sharia economics is to achieve happiness in this world and the hereafter through a good and honorable way of life. There are many activities in the sharia economy, one of which is sharia banking. Where sharia economics and sharia banking are closely related to each other. Sharia banking is an example of Sharia Economics. This research uses qualitative research methodology. This research uses descriptive analysis to describe and analyze the data obtained. The results of this research can be used as a basis for policy development, service improvements, or a better understanding of sharia economics in general
The Influence of Religiosity, Zakat Literacy and Trust on Muzakki's Interest in Paying Professional Zakat at Baznas Jakarta Province Erna Kustyarini; Efendi Sugianto; Ilham Rahim; Sa'diyah MA; Muhammad Umar Kelibia
EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi Vol. 3 No. 4: Mei 2024
Publisher : CV. Ulil Albab Corp

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56799/ekoma.v3i4.3536

Abstract

This study aims to understand the factors that influence individual interest as muzakki in paying professional zakat through BAZNAS Jakarta Province. The method used is a field study with a quantitative approach. The sample consisted of 97 muzakki who had or had never paid zakat through BAZNAS Jakarta Province. Primary data were collected through questionnaires distributed to respondents. Regression analysis shows that zakat literacy and belief have a positive and significant influence on individual interest as muzakki to pay professional zakat to BAZNAS Jakarta Province, while religiosity has no effect on muzakki interest in paying professional zakat at BAZNAS Jakarta province.