Ainun Najib, Mohamad
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Analisis Perbandingan Risk dan Return Saham Syariah dengan Saham Konvensional (Studi Empiris pada Jakarta Islamic Index (JII) dan LQ45 Periode 2017-2022) Alfarisi, Muhammad Ayyub; Badina, Tenny; Ainun Najib, Mohamad
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 9 No 3 (2024)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/jms.v9i3.23070

Abstract

This study was prepared to determine the difference in average return and risk of Islamic stocks in the Jakarta Islamic Index (JII) and conventional stocks in LQ45 in the period 2017 to 2022. This study also analyzes the variables of exchange rates, inflation, the fed interest rate, and covid-19 in influencing stock returns on companies in the Jakarta Islamic Index and LQ45. This type of research is descriptive research with a quantitative approach. The research location is the Indonesia Stock Exchange website www.idx.co.id as a secondary data provider in the form of names of issuers included in the JII and LQ45 indices and quarterly stock closing price data for the period 2017 to 2022. The results of descriptive analysis show that the risk of Islamic stocks is higher than conventional stocks (0.1885> 0.1723 or 8.85%> 7.23%). The return rate is higher for Islamic stocks than conventional stocks (0.0196> 0.0018 or 1.96%> 0.18%). Based on the results of different tests using the Independent Sample t-test and Man-Whitney, it was found that there was no significant difference between the Return and Risk of Islamic stocks and conventional stocks. The results of macroeconomic influence research show that the fed interest rate and covid-19 have a positive and significant effect on stock returns. While exchange rates and inflation have a negative effect on stock returns. Keyword: Conventional Shares, Covid-19, Exchange Rate, Inflation, Interest Rates, Return, Risk, Sharia Shares
The Role of Macroeconomic Indicators and National Zakat Index in Advancing the Islamic Human Development Index (I-HDI): A Case Study of Districts and Cities in Banten Province Pardiansyah, Elif; Ainun Najib, Mohamad
Journal of Islamic Economics and Finance Studies Vol 5 No 2 (2024): JIEFeS, December 2024
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v5i2.8980

Abstract

This study examines the impact of macroeconomic indicators and the National Zakat Index (IZN) on the Islamic Human Development Index (I-HDI) at the district and city level in Banten Province. While the conventional Human Development Index (HDI) by the UNDP is widely accepted, its lack of alignment with Islamic principles makes it less suitable for assessing development in Muslim-majority areas. This research is original in integrating macroeconomic factors and zakat within an Islamic development framework. The primary purpose is to assess how economic growth, unemployment, poverty, and the National Zakat Index influence I-HDI. A quantitative approach using Ordinary Least Squares (OLS) and multiple regression analysis was applied. The findings reveal that economic growth has a positive and significant effect on I-HDI, highlighting its role in human development. Unemployment, although negatively correlated with I-HDI, does not have a significant impact, suggesting limited immediate effects. Poverty significantly impacts I-HDI, emphasizing the need for focused poverty alleviation efforts. While the National Zakat Index is positively correlated with I-HDI, its effect is not statistically significant, indicating that zakat optimization requires further attention. These results stress the importance of targeted policies to reduce poverty, stimulate economic growth, and enhance zakat distribution. Policymakers should work to improve the effectiveness of zakat and integrate it into broader economic and social strategies to improve I-HDI in the Islamic context.   Penelitian ini menguji dampak indikator ekonomi makro dan Indeks Zakat Nasional (IZN) terhadap Islamic Human Development Index (I-HDI) di tingkat kabupaten dan kota di Provinsi Banten. Meskipun Indeks Pembangunan Manusia (IPM) konvensional oleh UNDP telah diterima secara luas, kurangnya keselarasan dengan prinsip-prinsip Islam membuatnya kurang cocok untuk menilai pembangunan di daerah mayoritas Muslim. Penelitian ini merupakan penelitian orisinil yang mengintegrasikan faktor ekonomi makro dan zakat dalam kerangka pembangunan Islam. Tujuan utamanya adalah untuk menilai bagaimana pertumbuhan ekonomi, pengangguran, kemiskinan, dan Indeks Zakat Nasional mempengaruhi I-HDI. Pendekatan kuantitatif menggunakan Ordinary Least Squares (OLS) dan analisis regresi berganda. Temuan menunjukkan bahwa pertumbuhan ekonomi memiliki pengaruh positif dan signifikan terhadap I-HDI, menyoroti perannya dalam pembangunan manusia. Pengangguran, meskipun berkorelasi negatif dengan I-HDI, tidak memiliki dampak yang signifikan, yang menunjukkan efek langsung yang terbatas. Kemiskinan berdampak signifikan terhadap I-HDI, menekankan perlunya upaya pengentasan kemiskinan yang terfokus. Meskipun Indeks Zakat Nasional berkorelasi positif dengan I-HDI, dampaknya tidak signifikan secara statistik, yang menunjukkan bahwa optimalisasi zakat memerlukan perhatian lebih lanjut. Hasil ini menekankan pentingnya kebijakan yang tepat sasaran untuk mengurangi kemiskinan, merangsang pertumbuhan ekonomi, dan meningkatkan distribusi zakat. Para pembuat kebijakan harus berupaya meningkatkan efektivitas zakat dan mengintegrasikannya ke dalam strategi ekonomi dan sosial yang lebih luas untuk meningkatkan I-HDI dalam konteks Islam.
ANALISIS PENGARUH PERSEPSI KEMUDAHAN, PERSEPSI MANFAAT, KEPERCAYAAN, DAN TRANSPARANSI TERHADAP INTENSI MEMBAYAR ZISWAF MELALUI PLATFORM E-COMMERCE SHOPEE(Studi pada Lembaga Amil Zakat Harapan Dhuafa (LAZ Harfa) di Provinsi Banten) Nur Febriyan, Aldin; Ainun Najib, Mohamad; Kurnia Dwi Sari Utami, Kurnia Dwi Sari Utami
Salam (Islamic Economics Journal) Vol. 6 No. 1 (2025): June 2025
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/dcq0b728

Abstract

Intensi membayar Zakat, Infak, Sedekah, dan Wakaf (ZISWAF) secara digital menjadi hal yang penting untuk diteliti karena mencerminkan kesiapan dan kemauan masyarakat dalam mengadopsi teknologi sebagai sarana pemenuhan kewajiban keagamaannya. Rendahnya pemanfaatan kanal digital di Provinsi Banten, meskipun telah tersedia platform seperti Shopee, menunjukkan adanya kesenjangan antara potensi dan realisasi partisipasi masyarakat dalam membayar ZISWAF secara daring. Penelitian ini bertujuan untuk menganalisis pengaruh persepsi kemudahan, persepsi manfaat, kepercayaan, dan transparansi terhadap intensi membayar ZISWAF melalui platform e-commerce Shopee pada Lembaga Amil Zakat Harapan Dhuafa (LAZ Harfa) di Provinsi Banten. Pendekatan yang digunakan adalah kuantitatif dengan metode survei terhadap 200 responden yang merupakan masyarakat muslim di Provinsi Banten dan pernah melakukan pembayaran ZISWAF secara digital. Instrumen penelitian berupa kuesioner dengan skala Likert yang telah diuji validitas dan reliabilitasnya. Analisis data dilakukan dengan regresi linier berganda menggunakan bantuan program SPSS versi 25. Hasil penelitian menunjukkan bahwa persepsi kemudahan, persepsi manfaat, kepercayaan, dan transparansi secara simultan dan parsial berpengaruh signifikan terhadap intensi membayar ZISWAF secara digital, dengan transparansi menjadi variabel yang paling dominan memengaruhi intensi. Model penelitian ini mampu menjelaskan sebagian besar variasi intensi, sementara sisanya dipengaruhi oleh faktor lain di luar penelitian. Simpulan dari penelitian ini menunjukkan bahwa transparansi dan kepercayaan merupakan faktor kunci dalam mendorong partisipasi masyarakat melalui kanal digital. Oleh karena itu, LAZ Harfa perlu mengembangkan sistem layanan yang mudah, transparan, dan terpercaya agar mampu meningkatkan penghimpunan dana ZISWAF secara digital melalui platform seperti Shopee. Keywords : Intensi Membayar, Persepsi Kemudahan, Persepsi Manfaat, Kepercayaan, Transparansi.
Analisis Perbandingan Risk dan Return Saham Syariah dengan Saham Konvensional (Studi Empiris pada Jakarta Islamic Index (JII) dan LQ45 Periode 2017-2022) Alfarisi, Muhammad Ayyub; Badina, Tenny; Ainun Najib, Mohamad
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 9 No 3 (2024)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/jms.v9i3.23070

Abstract

This study was prepared to determine the difference in average return and risk of Islamic stocks in the Jakarta Islamic Index (JII) and conventional stocks in LQ45 in the period 2017 to 2022. This study also analyzes the variables of exchange rates, inflation, the fed interest rate, and covid-19 in influencing stock returns on companies in the Jakarta Islamic Index and LQ45. This type of research is descriptive research with a quantitative approach. The research location is the Indonesia Stock Exchange website www.idx.co.id as a secondary data provider in the form of names of issuers included in the JII and LQ45 indices and quarterly stock closing price data for the period 2017 to 2022. The results of descriptive analysis show that the risk of Islamic stocks is higher than conventional stocks (0.1885> 0.1723 or 8.85%> 7.23%). The return rate is higher for Islamic stocks than conventional stocks (0.0196> 0.0018 or 1.96%> 0.18%). Based on the results of different tests using the Independent Sample t-test and Man-Whitney, it was found that there was no significant difference between the Return and Risk of Islamic stocks and conventional stocks. The results of macroeconomic influence research show that the fed interest rate and covid-19 have a positive and significant effect on stock returns. While exchange rates and inflation have a negative effect on stock returns. Keyword: Conventional Shares, Covid-19, Exchange Rate, Inflation, Interest Rates, Return, Risk, Sharia Shares