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THE INFLUENCE OF SHARIA ECONOMIC SHADOW AND INFORMATION INEQUALITY ON PROFIT-SHARING MSME FINANCING DECISIONS Yesi Safitri; Dhea Alpina Giawa; Wahdinil Jannah; Siti Mukti Intan
International Conference on Health Science, Green Economics, Educational Review and Technology Vol. 5 No. 1: IHERT (2023) FIRST ISSUE: International Conference on Health Science, Green Economics,
Publisher : Universitas Efarina

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ihert.v5i1.479

Abstract

This study aims to analyze the influence of the Islamic shadow economy and information asymmetry on the profit-sharing financing decisions of micro and small enterprises (MSMEs). The method used is multiple regression analysis based on data collected from respondents involved in MSME financing. The results show that simultaneously, the variables of the Islamic shadow economy and information asymmetry have a significant influence on MSME financing decisions, with a significance value of 0.002. However, partially, only information asymmetry has a significant effect, while the Islamic shadow economy does not show a significant influence. The coefficient of determination (R²) of 14.9% indicates that other factors outside the model also affect MSME financing decisions. This research provides insight into the importance of accurate information management in MSME financing and highlights that the Islamic shadow economy does not have a direct significant influence in this context.
Keterampilan Entrepreneurship Syariah untuk Meningkatkan Pertumbuhan Ekonomi Mirzah Ikmaliyah; Parlindungan Parlindungan; Heru Kurniawan; Dhea Alpina Giawa
International Journal of Economics and Management Research Vol. 3 No. 3 (2024): December : International Journal of Economics and Management Research
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/ijemr.v3i3.520

Abstract

This research aims to analyze the application of Islamic values in sharia entrepreneurship skills and their impact on economic growth, especially in the MSME sector in Medan City. The research method used is qualitative with a descriptive approach, where data was obtained through surveys and interviews with five business actors in the fashion sector in Medan City. The results of the study show that the application of sharia principles such as honesty, discipline, independence, commitment, and social usefulness plays a significant role in building consumer trust, increasing loyalty, and strengthening business resilience. In addition, Islamic values also encourage innovation and productivity, as seen in adaptive marketing strategies and business management that is free from riba, gharar, and maysir. The findings of this study reinforce the theory that sharia entrepreneurship is not only oriented towards material gains, but also creates positive social impact through community empowerment and ethical business practices. The implication of this research is the importance of the support of the government, Islamic financial institutions, and educational institutions in developing training and mentoring programs to strengthen the sharia-based entrepreneurship ecosystem. Thus, sharia entrepreneurship can be a strategic solution in facing global economic challenges, while encouraging inclusive and sustainable economic growth in Indonesia.