Garuda - Garba Rujukan Digital

THE EFFECT OF INTEREST RATES AND INFLATION ON ISLAMIC STOCK RETURNS IN COMPANIES LISTED ON THE JAKARTA ISLAMIC INDEX Cahyanti, Irni Sri; Janwari, Yadi; Solehudin, Ending; Jubaedah, Dedah
Airlangga International Journal of Islamic Economics and Finance Vol. 7 No. 01 (2024): JANUARY-JUNE 2024
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/aijief.v7i01.55610

This research is motivated by macroeconomic fluctuations through interest rates and inflation followed by fluctuations in Islamic stock returns. This study aims to describe and analyze: 1) The effect of interest rates on Islamic stock returns in companies listed on the Jakarta Islamic Index; 2) The effect of inflation on the return of Islamic stocks in companies listed on the Jakarta Islamic Index; 3) The effect of interest rates and inflation simultaneously on the return of in companies listed on the Jakarta Islamic Index. This research method is with quantitative types, descriptive methods of analysis and empirical juridical approaches. The samples used by 8 companies listed in the Jakarta Islamic Index for the 2016-2022 period were taken by purposive sampling techniques. Data collection techniques use documentation through secondary data and data analysis methods (Panel Data Regression). The results showed that: 1) Interest rates partially had a positive and insignificant effect on the return of Islamic shares in companies listed on the Jakarta Islamic Index; 2) Inflation partially has a positive and insignificant effect on the return of sharia shares in companies listed on the Jakarta Islamic Index; 3) Simultaneously, interest rates and inflation have an insignificant effect on the return of Islamic stocks in companies listed on the Jakarta Islamic Index.

How Islamic Social Finance Boosts Psychological Well-Being? Cahyanti, Irni Sri; Ulfah, Ulfah; Suhendi, Endi
Share: Jurnal Ekonomi dan Keuangan Islam Vol 13, No 2 (2024)
Publisher : Faculty of Islamic Economics and Business, Universitas Islam Negeri Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/share.v13i2.19998

While the economic impact of Islamic social finance (ISF) is increasingly acknowledged, its potential contribution to psychological well-being remains underexplored. This study investigates the relationship between ISF practices (Zakat, Infaq, Sadaqah, Waqf) and psychological well-being. Using a qualitative descriptive approach, the study undertakes a comprehensive review of existing literature, encompassing books and national and international journal articles. Findings demonstrate a strong correlation between ISF and various dimensions of psychological well-being, including self-acceptance, positive relationships, autonomy, environmental mastery, life goals, and self-development. This positive association is attributed to ISF's central role in achieving Falah (spiritual prosperity) within the maqashid al-sharia (objectives of Islamic law) framework, fostering social justice and shared prosperity conducive to individual well-being. The study recommends that philanthropic institutions prioritize enhancing service quality in collecting and distributing ISF funds to maximize their positive impact on psychological well-being within the community.========================================================================================================ABSTRAK – Bagaimana Keuangan Sosial Syariah Meningkatkan Kesejateraan Psikologis? Meskipun dampak ekonomi keuangan sosial syariah (KSS) semakin diakui, potensinya terhadap kesejahteraan psikologis masih belum banyak dieksplorasi. Studi ini bertujuan untuk mengkaji hubungan antara praktik KSS (Zakat, Infak, Sedekah, Wakaf) dengan kesejahteraan psikologis. Dengan pendekatan deskriptif kualitatif, studi ini melakukan tinjauan literatur yang komprehensif dengan menganalisis sejumlah buku dan artikel, baik dari jurnal nasional maupun internasional. Temuan menunjukkan hubungan yang erat antara KSS dan berbagai dimensi kesejahteraan psikologis, meliputi penerimaan diri, hubungan positif, otonomi, penguasaan lingkungan, tujuan hidup, dan pengembangan diri. Hubungan positif ini tidak terlepas dari peran sentral KSS dalam mencapai Falah (kesejahteraan spiritual) dalam kerangka maqashid al-syariah (tujuan hukum Islam), mendorong keadilan sosial, dan meningkatkan kemakmuran bersama yang kondusif bagi kesejahteraan individu. Studi ini merekomendasikan agar lembaga filantropi memprioritaskan peningkatan kualitas layanan dalam pengumpulan dan pendistribusian dana KSS untuk memaksimalkan dampak positifnya terhadap kesejahteraan psikologis masyarakat.

How Islamic Social Finance Boosts Psychological Well-Being? Cahyanti, Irni Sri; Ulfah, Ulfah; Suhendi, Endi
Share: Jurnal Ekonomi dan Keuangan Islam Vol. 13 No. 2 (2024)
Publisher : Faculty of Islamic Economics and Business, Universitas Islam Negeri Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/share.v13i2.19998

While the economic impact of Islamic social finance (ISF) is increasingly acknowledged, its potential contribution to psychological well-being remains underexplored. This study investigates the relationship between ISF practices (Zakat, Infaq, Sadaqah, Waqf) and psychological well-being. Using a qualitative descriptive approach, the study undertakes a comprehensive review of existing literature, encompassing books and national and international journal articles. Findings demonstrate a strong correlation between ISF and various dimensions of psychological well-being, including self-acceptance, positive relationships, autonomy, environmental mastery, life goals, and self-development. This positive association is attributed to ISF's central role in achieving Falah (spiritual prosperity) within the maqashid al-sharia (objectives of Islamic law) framework, fostering social justice and shared prosperity conducive to individual well-being. The study recommends that philanthropic institutions prioritize enhancing service quality in collecting and distributing ISF funds to maximize their positive impact on psychological well-being within the community.========================================================================================================ABSTRAK – Bagaimana Keuangan Sosial Syariah Meningkatkan Kesejateraan Psikologis? Meskipun dampak ekonomi keuangan sosial syariah (KSS) semakin diakui, potensinya terhadap kesejahteraan psikologis masih belum banyak dieksplorasi. Studi ini bertujuan untuk mengkaji hubungan antara praktik KSS (Zakat, Infak, Sedekah, Wakaf) dengan kesejahteraan psikologis. Dengan pendekatan deskriptif kualitatif, studi ini melakukan tinjauan literatur yang komprehensif dengan menganalisis sejumlah buku dan artikel, baik dari jurnal nasional maupun internasional. Temuan menunjukkan hubungan yang erat antara KSS dan berbagai dimensi kesejahteraan psikologis, meliputi penerimaan diri, hubungan positif, otonomi, penguasaan lingkungan, tujuan hidup, dan pengembangan diri. Hubungan positif ini tidak terlepas dari peran sentral KSS dalam mencapai Falah (kesejahteraan spiritual) dalam kerangka maqashid al-syariah (tujuan hukum Islam), mendorong keadilan sosial, dan meningkatkan kemakmuran bersama yang kondusif bagi kesejahteraan individu. Studi ini merekomendasikan agar lembaga filantropi memprioritaskan peningkatan kualitas layanan dalam pengumpulan dan pendistribusian dana KSS untuk memaksimalkan dampak positifnya terhadap kesejahteraan psikologis masyarakat.

Adaptation of the Economic Order Quantity (EOQ) Model in the Perspective of Maqasid Shari’a Muhsin, Muhsin; Cahyanti, Irni Sri; Novita, Dwi; Rahayu, Yayuk Sri; Rasban, Sadali
al-'adalah Vol 21 No 2 (2024): Al-'Adalah
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/adalah.v21i2.26535

The economic order quantity (EOQ) model has become an important instrument in inventory management to minimize costs by balancing ordering and holding costs. This study examines the alignment of the EOQ model with the principles of Maqasid Shari’a, including hifdzul din (protecting religion), hifdzul nafs (protecting the soul), hifdzul aql (protecting reason), hifdzul nasl (protecting descendants), and hifdzul maal (protecting property) and its relevance in the context of Islamic business. Qualitative data were collected through a literature review with a content analysis approach, then analyzed thematically to identify the relationship between EOQ characteristics and Maqasid Shari’a dimensions. The results of the study indicate that the EOQ model is in line with the five principles of Maqasid Shari’a, which include: 1) Hifdzul din: 2) Hifdzul nafs: 3) Hifdzul aql: 4) Hifdzul nasl: 5) Hifdzul maal: This study concludes that by integrating the EOQ model with Maqasid Shari’a, maslahah (common good) will be achieved in the form of economic efficiency and strengthening the ethical and social dimensions in business. The implications will encourage increased transparency, waste reduction, and environmental sustainability. These findings can be a conceptual basis for developing a holistic inventory management model following Islamic economics principles.

Analysis of generation Z transaction interest in sharia banks based on digitalization and cyber security Aisyah, Siti; Istianah, Dede; Firmansyah, Aditya; Halim, Muhammad Abdul; Cahyanti, Irni Sri
Keynesia : International Journal of Economy and Business Vol. 3 No. 1 (2024): Keynesia: International Journal of Economics and Business
Publisher : ARKA INSTITUTE

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55904/keynesia.v3i1.1254

Digitalization is the change of analog to digital processes. The existence of digitalization provides great benefits for every industrial sector, including banking. Behind all these benefits there are risks that must also be faced, therefore cyber security is needed to overcome or defend data from cyber attacks (cyber crime). This study aims to determine the influence of digitalization and cyber security on the interest of generation z transactions in Islamic banks. The employed methodology is a quantitative research approach utilizing the SPSS program. The data for this study was collected by the distribution of online questionnaires using Google Forms to respondents, using purposive sampling approaches. The data gathered is considered primary data. The results of this study partially show that the digitalization variable does not affect the interest in generation z transactions in Islamic banks with a t-value of 1.761 > the table t of 1.978 and the cyber security variable affects the interest of generation z transactions with a t-value of 6,000 > t table of 1.978. simultaneously, digitalization and cyber security significantly affect the interest in Generation Z transactions in Sharia Banks with f calculation 49.43 > F table 3.07. Therefore, digitalization and cyber security strengthen the reason for generation Z in making transactions at Islamic banks in their daily lives.

Islamic Securities Crowdfunding (I-SCF): A Potential Analysis of Sustainable Development Goals Based on Al-Maqashid Sharias Perspectives Wafa, Fadhila Dhiyaul; Cahyanti, Irni Sri; Muhsin, Muhsin
Journal of Accounting Research, Organization and Economics Vol 5, No 3 (2022): JAROE Vol. 5 No. 3 December 2022
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jaroe.v5i3.30705

Objective This research aims to analyze the potential of Islamic securities crowdfunding as an effort to create Sustainable Development Goals (SDGs) with an al-Maqashid Sharia perspective.Methodology This research uses qualitative descriptive research methods to obtain a description or overview of the potential of I-SCF for the Sustainable Development Goals based on the perspective of Maqashid Sharia. It utilizes a literature study with a Maqashid Sharia perspective as the main reference.Results Numerous studies show that sharia securities crowdfunding has the potential to strengthen MSME capital in the post-Covid-19 pandemic era, expand access to Islamic financial services for the community, create a profitable investment sector, and strengthen the halal industry. These potentials lead to the values of the purpose of Maqashid Sharia, which include the five main benefits (al-kulliyah al-khamsah).Research limitations This research is limited to I-SCF in Indonesia hence subsequent studies may conduct further research on I-SCF in other countries for the purpose of comparisons. It also uses a quality-descriptive method hence future research may use quantitative analysis methods to provide a more specific picture of the influence on the SDGs.Implications - This research is important for the development and utilization of the potential of I-SCF in Indonesia. The study of Maqashid sharia on I-SCF shows that practically, I-SCF has maximum benefits for society without abandoning compliance with Islamic law.

Title

Found 6 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 6 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 6 Documents
Search