Claim Missing Document
Check
Articles

Found 5 Documents
Search

Detection of Sharia and Non-Sharia Stock Price Volatility Through Financial Performance and Firm Size Analysis (Comparative Study of LQ45 and JII30) Nani, Nani; Syarifudin, Efi; Mabruroh, Ahda Inayati
AL-ARBAH: Journal of Islamic Finance and Banking Vol. 6 No. 2 (2024)
Publisher : Universitas Islam Negeri (UIN) Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/al-arbah.2024.6.2.22206

Abstract

Purpose - This research aims to estimate the magnitude of the influence of assets measured using firm size and company profits measured by financial performance on the volatility of Sharia and non-sharia stock prices. Through this research, it is hoped that investors will be able to assess the company's achievements and anticipate investment failures in the future.Method - Quantitative research using a regression analysis approach by comparing two research subjects, namely non-shariah shares LQ45 and sharia shares JII30. This data collection is complemented by library research.Result - The results obtained are that Financial Performance and Firm Size have an influence on share price volatility, in both Sharia and non-sharia stocks. In general, these two stocks found fluctuating data on Financial Performance and Firm Size, followed by rises and falls in share prices. This study is proven by theoretical results, statistical analysis results, and financial data recapitulation results.Implication - The existence of a significant relationship between these variables provides information for investors in making investment decisions, where fundamental analysis can be carried out by looking at the financial reports of the target company (issuer) without forgetting the analysis of Financial Performance and Firm Size data.Originality - Research comparing Sharia and non-sharia stock indices is still rarely done because many previous studies only focused on one index.
THE ROLE OF ZISWAF INSTITUTIONS IN INCREASING THE ECONOMIC INDEPENDENCE OF VULNERABLE COMMUNITIES Mabruroh, Ahda Inayati; Itang; Sulaeman Jajuli
AT TARIIZ : Jurnal Ekonomi dan Bisnis Islam Vol 4 No 03 (2025): AT TARIIZ : JURNAL EKONOMI DAN BISNIS ISLAM
Publisher : Pusat Studi Ekonomi, Publikasi Ilmiah dan Pengembangan SDM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62668/attariiz.v4i03.1703

Abstract

This study aims to explore in depth the role of productive economic empowerment strategies carried out by ZISWAF institutions. The research method used is a literature study with a qualitative approach, which focuses on literature search, analysis of various previous research results, and conceptual interpretation of the role of ZISWAF in community economic development. The results of the study show that ZISWAF institutions not only function as distributors of social funds to mustahik groups, but also play a strategic role as agents of economic transformation. This can be seen from the programs they run, including productive zakat management, skills training, small business assistance, and community development based on Islamic values. Through these programs, ZISWAF does not merely provide short-term assistance, but also builds the economic foundation of the community to be more independent and competitive. Furthermore, the empowerment strategy implemented by ZISWAF institutions has advantages in terms of sustainability. This is because the programs emphasize the economic independence of mustahik, so that they not only receive assistance but are also encouraged to become muzaki in the future.
Detection of Sharia and Non-Sharia Stock Price Volatility Through Financial Performance and Firm Size Analysis (Comparative Study of LQ45 and JII30) Nani, Nani; Syarifudin, Efi; Mabruroh, Ahda Inayati
AL-ARBAH: Journal of Islamic Finance and Banking Vol. 6 No. 2 (2024)
Publisher : Universitas Islam Negeri (UIN) Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/al-arbah.2024.6.2.22206

Abstract

Purpose - This research aims to estimate the magnitude of the influence of assets measured using firm size and company profits measured by financial performance on the volatility of Sharia and non-sharia stock prices. Through this research, it is hoped that investors will be able to assess the company's achievements and anticipate investment failures in the future.Method - Quantitative research using a regression analysis approach by comparing two research subjects, namely non-shariah shares LQ45 and sharia shares JII30. This data collection is complemented by library research.Result - The results obtained are that Financial Performance and Firm Size have an influence on share price volatility, in both Sharia and non-sharia stocks. In general, these two stocks found fluctuating data on Financial Performance and Firm Size, followed by rises and falls in share prices. This study is proven by theoretical results, statistical analysis results, and financial data recapitulation results.Implication - The existence of a significant relationship between these variables provides information for investors in making investment decisions, where fundamental analysis can be carried out by looking at the financial reports of the target company (issuer) without forgetting the analysis of Financial Performance and Firm Size data.Originality - Research comparing Sharia and non-sharia stock indices is still rarely done because many previous studies only focused on one index.
Inovasi Digital Smart School pada PT BPRS Mu’amalah Cilegon Devany, Nabila Sheva; Mabruroh, Ahda Inayati
TSARWAH Vol. 10 No. 1 (2025): June
Publisher : PROGRAM STUDI EKONOMI ISLAM PROGRAM PASCASARJANA IAIN SULTAN MAULANA HASANUDDIN BANTEN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/tsarwah.v10i1.12472

Abstract

Transformasi digital dalam industri keuangan syariah menjadi kebutuhan strategis di tengah perubahan lanskap ekonomi digital dan meningkatnya ekspektasi masyarakat terhadap layanan keuangan yang cepat, efisien, dan sesuai prinsip syariah. Kajian ini bertujuan untuk mengidentifikasi strategi transformasi digital yang diterapkan oleh PT BPRS Mu’amalah Cilegon melalui pengembangan produk Smart School. Menggunakan pendekatan kualitatif dengan metode studi kasus, data dikumpulkan melalui wawancara terstruktur dengan pihak internal bank serta analisis dokumen sekunder. Hasil kajian menunjukkan bahwa Smart School telah menjadi inovasi layanan keuangan digital yang mengintegrasikan sistem pembayaran berbasis syariah ke dalam ekosistem pendidikan. Platform “MUDA Muamalah” memungkinkan transaksi cashless, pembayaran SPP, dan pelaporan keuangan sekolah secara real-time. Strategi transformasi digital BPRS Muamalah Cilegon tidak hanya mencakup pengembangan teknologi, tetapi juga pendekatan kolaboratif dengan sektor pendidikan untuk meningkatkan literasi keuangan dan inklusi layanan syariah. Meskipun membawa dampak positif terhadap efisiensi operasional dan daya saing, implementasi Smart School dihadapkan pada tantangan, baik internal seperti keterbatasan infrastruktur dan SDM IT, maupun eksternal seperti rendahnya literasi digital sekolah mitra. Kajian ini menunjukan pentingnya strategi digital yang komprehensif dan berlandaskan nilai-nilai syariah, termasuk aspek keadilan, transparansi, dan kemaslahatan umat. Studi ini memberikan kontribusi terhadap pengembangan model transformasi digital berbasis komunitas, yang potensial untuk direplikasi oleh BPRS lain dalam rangka memperluas jangkauan layanan keuangan syariah secara inklusif dan berkelanjutan.
The Influence of PNM Mekar Syariah Microfinance on the Welfare of MSMEs in Parungpanjang, Bogor Regency Amin, Muhamad; Bahri, Syaeful; Mabruroh, Ahda Inayati; Mahmud Syukri
TSARWAH Vol. 9 No. 2 (2024): December
Publisher : PROGRAM STUDI EKONOMI ISLAM PROGRAM PASCASARJANA IAIN SULTAN MAULANA HASANUDDIN BANTEN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/tsarwah.v9i2.12477

Abstract

PNM Mekar Syariah Financing is a business capital loan service that implements a joint liability system and is carried out in groups. This study examines the Effect of PNM Mekar Syariah Micro Financing on Improving the Welfare of MSMEs in Bogor Regency. The study uses a quantitative approach with a questionnaire method as a data source, through five stages of testing: Validity Test, Reliability Test, Classical Assumption Test, with the help of SPSS Version 2023 software and Microsoft Excel 2013. The results of the study can be concluded that there is a positive and significant effect of PNM Mekar Syariah financing on improving the welfare of MSMEs in Bogor Regency. Simple Linear Regression Equation: The resulting equation is Y = 27.416 + 0.323X + εY = 27.416 + 0.323X + \varepsilonY = 27.416 + 0.323X + ε, with a regression coefficient of the financing variable (X) of 0.323. This shows that every one unit increase in financing has the potential to increase the welfare of MSMEs by 0.323 units. T-test: The results of the hypothesis test show that t count = 3.851t \text{ count} = 3.851t count = 3.851 with a significance value of <0.001, smaller than the significance limit of 0.05. With t count> t table (3.851> 1.66412)t \text{ count} > t \text{ table} (3.851 > 1.66412)t count> t table (3.851> 1.66412), H0 is rejected, and H1 is accepted. This means that the financing variable (X) has a significant effect on increasing MSMEs (Y). Determination Coefficient (R Square): The R Square value of 0.372 indicates that PNM Mekar Syariah financing affects the Increase in MSME Welfare by 13.8%. This means that 86.2% of the variation in MSME performance is influenced by other factors not included in this study.