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Implementation of the Eco-Metaverse in Indonesia: Sharia Economic Perspective Insawan, Husain; Alwahidin, Alwahidin; Kira, Horiacheva; Putri, Azzahrah Insawan
Samarah: Jurnal Hukum Keluarga dan Hukum Islam Vol 9, No 1 (2025): Samarah: Jurnal Hukum Keluarga dan Hukum Islam
Publisher : Islamic Family Law Department, Sharia and Law Faculty, Universitas Islam Negeri Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/sjhk.v9i1.26262

Abstract

This article discusses the implementation of the eco-metaverse in Indonesia, with a focus on the economic aspects of the metaverse. This article begins by providing an overview of the metaverse concept and its potential impact on various sectors, including education, commerce, and entertainment. Then, this article examines the principles of metaverse economics, such as the concepts of values, principles and norms, and how these concepts can be applied in the context of the metaverse. This research uses a qualitative research paradigm with a sharia economic approach. Data and information were collected through interviews, literature studies and focus group discussions (FGD). The condition of the eco-metaverse in Indonesia has begun to develop, although it is not yet running optimally. Several ways of using the Metaverse that can be considered in the context of sharia economics are Education and Knowledge, Communication and Empowerment, Economics and Business, and Socio-Cultural Life. Eco-metaverse development can be carried out through the waqf and syirkah application model on the sharia banking platform in the metaverse. Apart from that, another model being developed is a platform for selling MSME products through metverse where sellers and buyers can interact directly virtually. Based on the results and discussion in this research, it is highly recommended to; Explaining sharia-based eco-metaverse applications. There is a need for sharia-based eco-metaverse education, so that more and more people build or join the eco-metaverse. In implementing a sharia-based eco-metaverse, institutions are needed that oversee the consistent application of sharia principles in a transparent and interconnected eco-metaverse.
Disruption or Catalyst? Foreign Banks' Impact on Competition in Indonesia's Islamic-Conventional Banking Ecosystem Maharani, Novita Kusuma; Alwahidin, Alwahidin
ETIKONOMI Vol 24, No 1 (2025)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v24i1.36338

Abstract

Research Originality: This study uniquely examines the impact of foreign bank penetration on bank competition within Indonesia's dual-banking system. By incorporating the moderating effect of Islamic banks, this research provides novel insights into the dynamics of bank competition in a multi-faceted financial ecosystem.Research Objectives: This study investigates the impact of foreign banks on the level of competition in Indonesia's dual-banking system, encompassing both Islamic and conventional banks.Research Methods: The study employs panel data analysis of Islamic and conventional banks in Indonesia from 2011 to 2021. Bank competition and foreign bank penetration are measured using the Lerner Index and various ratios of foreign banks, respectively.Empirical Results: The findings reveal that an increase in the number of foreign banks enhances bank competition and reduces market power. However, increased foreign bank asset ownership is associated with reduced competition. While not statistically significant, Islamic banks tend supports increased competition in the banking sector.Implications: To maintain a competitive balance, regulators should focus on controlling foreign asset ownership rather than merely the number of foreign banks. Furthermore, the role of Islamic banks in fostering competition warrants consideration in policy formulation.JEL Classification: C1, E52How to Cite:Maharani, N. K., & Alwahidin. (2025). Disruption or Catalyst? Foreign Banks’ Impact on Competition in Indonesia’s Islamic Conventional Banking Ecosystem. Etikonomi, 24(1), 1 – 16. https://doi.org/10.15408/etk.v24i1.36338.
Minat Perilaku Pengguna Mobile Banking pada Perguruan Tinggi Agama Islam Anjani, Nia; Kalsum, Ummi; Alwahidin
Milkiyah: Jurnal Hukum Ekonomi Syariah Vol. 3 No. 2 (2024): Milkiyah: Jurnal Hukum Ekonomi Syariah, August 2024
Publisher : Sekolah Tinggi Agama islam Negeri Majene

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46870/milkiyah.v3i2.1461

Abstract

This study aims to examine the effects of perceived ease of use, perceived usefulness, attitude towards behavior, subjective norms, and behavioral control—on students' behavioral intention to use mobile banking. A quantitative research approach was employed to validate the data collected. This research was conducted in one of Islamic Higher Education in Indonesia, namely IAIN Kendari. The sample consisted of 100 students from IAIN Kendari who actively use mobile banking, selected using a purposive sampling technique. Data was gathered through questionnaires and the analysis was conducted using path analysis regression. The results indicate that students' behavioral intention to use mobile banking is positively influenced by their perceptions of ease of use, usefulness, attitude towards the behavior, subjective norms, and behavioral control. The more favorable individuals' perceptions of convenience, utility, and control over mobile banking usage, the stronger their intention to use the technology. These factors interact with each other, shaping users' behavioral intention to adopt mobile banking.
Driving Optimal Performance: The Synergy of Paternalistic Leadership, Compensation, and Employee Motivation Maulydia, Elok; Maksum, Ikhsan; Alwahidin, Alwahidin
IQTISHODUNA IQTISHODUNA (Vol. 21, No. 1, 2025)
Publisher : Fakultas Ekonomi, UIN Maliki Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/iq.v21i1.31641

Abstract

This study aims to analyze the influence of paternalistic leadership and compensation on employee performance, as well as to examine the role of motivation as an intervening variable at CV Langgeng Dumadi, a company engaged in construction services and wooden pallet production. A quantitative approach was employed using an explanatory research design. Data were collected through questionnaires from 66 respondents, and analyzed using SmartPLS software with the Structural Equation Modeling–Partial Least Squares (SEM-PLS) method. The analysis involved construct validity and reliability testing (outer model), evaluation of relationships among variables (inner model), and direct and indirect hypothesis testing. The results indicate that both paternalistic leadership and compensation have a positive and significant effect on employee performance. However, motivation was not found to be a significant intervening variable in these relationships. The implications of these findings suggest that organizations should focus directly on strengthening supportive leadership styles and implementing fair and structured compensation systems to effectively enhance employee performance. This study provides practical insights for companies in developing more effective and human-centered managerial policies.
The Effect Of Financial Ratio To Net Income For The Period 2013-2017: (Study At PT. Bank Syariah Mandiri Indonesia) Alwahidin; Imam Azizuddin
At-Tahdzib: Jurnal Studi Islam dan Muamalah Vol 8 No 2 (2020): At-Tahdzib
Publisher : Sekolah Tinggi Agama Islam At-Tahdzib, Ngoro, Jombang, Indonesia

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Abstract

This research aims to find out if the financial ratio has a significant positive effect on net profit for the period 2013-2017 at PT. Bank Syariah Mandiri Indonesia. This research uses quantitative methods using time series data on the financial statements of Bank Syariah Mandiri Indonesia period 2013-2017, purposive sampling used as a method of selection of this research sample. The methods used are descriptive statistical analysis, standard assumption tests and multiple linear regression equation tests with SPSS 21, with a significant rate of 5%. Based on the results of this study, it finds that the financial ratio positively does not have a significant effect on the profit of Bank Syariah Mandiri Indonesia from the f test result obtained from f count of 1,384 with a significant value of 0.284>0.05 because the probability is much higher than 0.05 so it can conclude that there is no significant influence on the variable financial ratio to the profit of Bank Syariah Mandiri Indonesia Period 2013-2017.
Islamic Wealth Management: Empowerment of Inherited Assets in Sharia-Based Productive Economic Development Hadi, Muhammad; Alwahidin; Tonasa , Muh
Al-Ulum Vol. 24 No. 1 (2024): Al-Ulum
Publisher : Institut Agama Islam Negeri (IAIN) Sultan Amai Gorontalo

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Abstract

This study develops an operational framework that integrates Sharia principles, modern management practices, and socioeconomic impact measurement in the context of empowering inheritance assets, using a qualitative approach with an integration of Islamic financial theory analysis methods and empirical studies. The results of the study indicate that the implementation of an Islamic wealth management-based inheritance management model has succeeded in creating a sustainable asset development system and providing a multiplier effect for improving the welfare of heirs and the surrounding community. The business model developed shows innovation in three aspects: Integration of digital technology in the operational management of inheritance assets, development of a tiered profit-sharing system between heirs and managers, and implementation of a Sharia-based sustainability program. The socioeconomic impact is identified through the creation of more than 200 jobs, the strengthening of the local economy, and the development of community capacity.
A Comparative Expert-Based Analysis for Prioritizing Waqf Asset Optimization Strategies in Indonesia: An Analytic Network Process (ANP) Approach Putra, Trisno Wardy; Alwahidin; Sikki, Kaisar Lahiya
Journal of Islamic Economics and Finance Studies Vol 6 No 1 (2025): JIEFeS, June 2025
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v6i1.10942

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Land waqf in Indonesia holds significant potential for economic empowerment; however, its predominantly conventional management practices have limited its contribution to broader development goals. This study aims to formulate comprehensive strategic priorities, based on expert evaluations, to enhance the sustainable effectiveness of land waqf management. The research employs the Analytic Network Process (ANP), a method that enables the analysis of interdependencies among decision elements using expert input. The results reveal notable differences in emphasis among expert groups. Regulators identify regulatory issues as the primary challenge (0.303) and the most critical solution area (0.321), with regulatory strengthening emerging as the top strategic priority (0.272). Academics consider nazhir-related issues as the central problem (0.344), advocating balanced empowerment of both wakif and nazhir (each 0.285), supported by strategies focused on enhancing waqf literacy and optimizing asset management (each 0.342). Practitioners also emphasize the role of nazhir (0.308) and prioritize capacity-building solutions for nazhir (0.311), proposing a comprehensive strategy encompassing waqf literacy, regulatory reinforcement, and asset optimization (each 0.270). These findings underscore the need for a multidimensional approach to waqf asset optimization—one that integrates institutional development, educational initiatives, and policy reform. The study highlights the critical importance of collaboration among regulators, academics, and practitioners to establish an effective, professional, and productive land waqf management system.
Efisiensi Bank Umum Syariah Milik Pemerintah Daerah di Indonesia Rahman, Muljibir; La Pade, Alwahidin
Li Falah: Journal of Islamic Economics and Business Vol. 4 No. 2 (2019): December 2019
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v4i2.1405

Abstract

Penelitian ini bertujuan untuk mengetahui perbandingan tingkat efisiensi Bank Umum Syariah milik pemerintah daerah di Indonesia selama periode 2014-2018. Metode yang digunakan dalam penelitian ini adalah Data Envelopment Anaysis (DEA) dengan pendekatan intermediasi yaitu mengukur tingkat efisiensi dari masing-masing Bank Syariah dengan menggunakan metode DEA. Variabel input yang digunakan adalah jumlah simpanan,biaya tenaga kerja dan aset tetap. Sedangkan variabel output-nya adalah jumlah pembiayaan dan pendapatan operasional. Hasil penelitian DEA menunjukkan bahwa tingkat efisiensi Bank Syariah milik pemerintah daerah di Indonesia secara Overall (CRS) pada tahun 2014 sampai 2016 mencapai efisiensi yang optimum akan tetapi pada tahun 2017 dan 2018 tingkat signifikansi Bank Syariah menurun masing-masing mencapai 0,87 dan 0,93. Sementara tingkat efisiensi secara teknis (VRS) selama tahun 2014 sampai 2016 mengalami efisiensi optimum akan tetapi pada tahun 2017 mengalami penuruanan efisiensi mencapai 0,99. Adapun penyebab utama inefisiensi  sebagian pada jumlah pembiayaan, biaya tenaga kerja dan Jumlah Simpanan (Tabungan).
Kinerja Portofolio Saham Syariah dan Faktor yang Memengaruhi Kinerja Saham Syariah di Indonesia La Pade, Alwahidin
Li Falah: Journal of Islamic Economics and Business Vol. 5 No. 1 (2020): June 2020
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v5i1.1884

Abstract

Penelitian ini bertujuan untuk menguji kinerja saham syariah di Bursa Efek Indonesia melalui indeks ISSI, JII, dan portofolio yang dibentuk secara acak dari kelompok saham syariah kemudian membandingkannya dengan kinerja portofolio konvensional melalui tujuh indeks dan portofolio yang dibentuk secara acak dari kelompok saham konvensional. Penelitian ini juga menguji faktor-faktor fundamental perusahaan yang memengaruhi kinerja saham syariah dan membandingkannya dengan faktor yang memengaruhi kinerja saham konvensional. Data yang digunakan dalam penelitian berjumlah 355 emiten terdiri dari 134 emiten saham syariah dan 221 emiten saham konvensional pada periode waktu 2011—2015. Metode yang digunakan untuk mengukur kinerja saham adalah risk-adjusted model dengan empat pendekatan Sharpe, Treynor, M2, dan Jensen’ Alpha. Analisis regresi linear berganda menggunakan metode Ordinary Least Square (OLS) dengan Cross Random Model. Hasil pengujian dan pengukuran menunjukkan bahwa secara umum sepanjang 2011—2015 kinerja portofolio saham konvensional mengungguli portofolio syariah. Namun demikian pada periode krisis global akhir tahun 2011 dan 2012 kinerja portofolio saham syariah mengungguli portofolio saham konvensional, ini memperkuat hasil penelitian yang mengatakan bahwa kinerja saham syariah lebih baik ketika krisis karena investor melakukan mekanisme hedging. Faktor fundamental yang memengaruhi kinerja saham syariah berbeda dengan faktor yang memengaruhi kinerja saham konvensional, terutama pada debt to equity ratio, yang menunjukkan hubungan positif signifikan pada saham syariah dan hasil sebaliknya pada saham konvensional menunjukan hubungan negatif walaupun tidak signifikan secara statistik.