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Islamic Financing Schemes and Return on Assets Empirical Evidence from BPRS Rahmah Hijrah Agung, Lhokseumawe Yoesrizal Yoesoef; Ismail Ismail; Asra; Khairisma Khairisma; Munawar Rizki Jailani; Imamuddin Imamuddin
AT-TIJARAH: Jurnal Penelitian Keuangan dan Perbankan Syariah Vol. 8 No. 1 (2026): AT-TIJARAH: Jurnal Penelitian dan Keuangan Syariah
Publisher : Fakultas Ekonomi dan Bisnis Islam - IAIN Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52490/at-tijarah.v8i1.7681

Abstract

This study examines the influence of murabahah and musyarakah financing on profitability, measured through Return on Assets (ROA), at BPRS Rahmah Hijrah Agung in Lhokseumawe City over the 2014–2021 period. A quantitative research design was employed, drawing on quarterly financial statements published by the institution throughout the observation window. Using a saturated sampling technique, all 32 available quarterly reports were included as the study sample. Secondary data were retrieved from the official website of the Financial Services Authority (OJK) and subsequently analyzed through multiple linear regression using SPSS version 23. Before running the regression model, a series of classical assumption tests were conducted, namely the normality test (Kolmogorov-Smirnov), multicollinearity test (Variance Inflation Factor), autocorrelation test (Durbin-Watson), and heteroscedasticity test (Scatterplot). The findings reveal three key conclusions: (1) murabahah financing exerts a significant negative effect on ROA at the partial level, supported by a significance value of 0.015 < 0.05 and a t-statistic of −2.676, which exceeds the t-table value of 2.045 in absolute terms; (2) musyarakah financing does not produce a statistically significant effect on ROA at the partial level, as indicated by a significance value of 0.153 > 0.05 and a t-statistic of 1.491 < 2.045; and (3) when considered jointly, both murabahah and musyarakah financing exert a significant simultaneous effect on ROA, evidenced by a significance value of 0.006 < 0.05 and an F-statistic of 6.789, which surpasses the F-table value of 3.33. The coefficient of determination (R²) indicates that approximately 43% of the variation in ROA is accounted for by the two financing variables, while the remaining 57% is attributable to other factors beyond the scope of this study.
Maslahah Mursalah: Pendekatan Alternatif Perbankan Syariah dalam Menyelesaikan Krisis Kemanusiaan Rohingya di Aceh: Maslahah Mursalah: An Alternative Approach for Islamic Banks to Addressing the Rohingya Refugee Crisis in Aceh, Indonesia Munawar Jailani; Ousmane Salifou Abdou; Danial; Dicky Armanda; Andi Mardika; Mohamad Zaim Isamail
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 14 No. 1 (2025): April
Publisher : Department of Sharia Economics Faculty of Islamic Economics and Business, Universitas Islam Syarifuddin Lumajang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54471/iqtishoduna.v14i1.2856

Abstract

The humanitarian crisis for Rohingya refugees in Aceh has reached its worst levels. Various institutions have attempted to address this crisis, including Islamic banks; however, due to regulations and policies, these institutions are limited in their ability to provide further assistance. This article explores the concept of maslahah mursalah as an alternative approach to policymaking that Islamic banks can use to help alleviate the humanitarian crisis affecting Rohingya refugees in Aceh. This research uses a qualitative descriptive approach. Primary data sources include books discussing the interests of two reformers, while secondary data was collected from newspapers, books, and articles examining Islamic banking in Aceh and issues facing the Rohingya community. The findings of this study indicate that: (1) the principle of maslahah is an Islamic principle that can serve as a basis for Islamic banks to develop policies aimed at assisting the Rohingya in Aceh, as this urgent need is not currently being addressed by these banking institutions. (2) The humanitarian crisis of Rohingya refugees in Aceh is considered a necessary need, according to the definitions established by scholars such as Al-Ghazali, Ibn Ashour, and Al-Shatibi. (3) We believe that the humanitarian crisis of Rohingya refugees in Aceh can be addressed by Islamic banks, which include 28 banks — seven Sharia commercial banks, six Sharia business units, and 15 people's credit banks — from corporate social responsibility funds to help 1,104 Rohingya refugees who are sheltered in four locations across Aceh: Bedi, Sabang, North Aceh, and East Aceh.
The Effect of Facilities and Infrastructure Management and Teacher Performance on Student Learning Achievement Susi Suyanti; M. Anggung Manumanoso; Munawar Rizki
Jurnal Inovatif Manajemen Pendidikan Islam Vol. 5 No. 1 (2026): January
Publisher : UII Darullughah Waddawah Pasuruan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38073/jimpi.v5i1.3539

Abstract

Student academic achievement is a key indicator of educational quality and is influenced by both instructional and organizational factors, including facility management and teacher performance. This study aims to examine the direct and indirect effects of school facilities and infrastructure management and teacher performance on students’ academic achievement. A quantitative approach with an explanatory survey design was employed. Data were collected from 226 students at MTsN 4 Aceh Utara using structured questionnaires and academic record documentation. The data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with SmartPLS 4. The results indicate that facilities and infrastructure management has a positive and significant effect on students’ academic achievement and teacher performance. Teacher performance also shows a positive and significant effect on students’ academic achievement and serves as a mediating variable in the relationship between facilities management and academic achievement. These findings demonstrate that effective management of educational facilities supports a conducive learning environment and enhances teacher performance, which in turn contributes to improved student outcomes. This study contributes to the literature on educational management by providing empirical evidence from the context of Islamic secondary education and highlighting the integrated role of facilities management and teacher performance in improving students’ academic achievement.
RECONCEPTUALIZING IJAB AND QABUL IN THE DIGITAL ERA: RETHINKING ISLAMIC CONTRACT FORMATION BEYOND PHYSICAL PRESENCE Munawar Rizki Jailani; Danial; Ousmane Salifou Abdou; Iskandar
J-ISCAN: Journal of Islamic Accounting Research Vol. 8 No. 1 (2026): Vol. 8 No.1 (2026): J-ISCAN: Journal of Islamic Accounting Research
Publisher : Universitas Sultanah Nahrasiyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52490/j-iscan.v8i1.7766

Abstract

The rapid expansion of digital technologies has fundamentally reshaped the modes of interaction and exchange in contemporary economic transactions, raising critical questions regarding the validity and adaptability of classical Islamic contract principles. This study aims to reconceptualize the doctrines of ijab (offer) and qabul (acceptance) within the framework of the digital era by examining their transformation across electronic and virtual environments. Employing a qualitative and normative-juridical approach, this research integrates classical fiqh literature with contemporary regulatory frameworks and digital transaction practices, including e-commerce platforms, financial technology (fintech), and smart contracts. The findings reveal that while the essential elements of ijab and qabul -namely mutual consent (tarāḍī), clarity of expression, and temporal continuity-remain intact, their modes of articulation have undergone significant transformation. Digital interfaces, automated systems, and asynchronous communication challenge traditional assumptions of immediacy (ittisāl) and physical presence (majlis al-‘aqd), necessitating a broader interpretive approach grounded in maqāṣid al-sharī‘ah (objectives of Islamic law). The study argues that digital expressions -such as clicks, digital signatures, and algorithmic confirmations -can be recognized as valid manifestations of contractual consent, provided that they fulfill the principles of transparency, certainty, and the absence of coercion or ambiguity (gharar). This research contributes to the theoretical development of Islamic contract law by proposing a transformative framework that bridges classical jurisprudence and digital realities. It further offers practical implications for regulators, Islamic financial institutions, and digital platform developers in ensuring Shariah-compliant contract formation in an increasingly digitized economy. Ultimately, the study affirms that the principles of ijab and qabul are not static, but dynamically adaptable to technological evolution without compromising their normative essence.
PENDAMPINGAN PEMERINTAH GAMPONG DALAM PENGELOLAAN ALOKASI DANA GAMPONG (ADG) DI GAMPONG ASAN KECAMATAN LHOKSUKON KABUPATEN ACEH UTARA Dicky Armanda; Iskandar; Malahayatie; Munawar Jailani; Taufiq
Malik Al-Shalih : Jurnal Pengabdian Masyarakat Vol. 1 No. 2 (2022): Malik Al-Shalih: Jurnal Pengabdian Masyarakat
Publisher : Fakultas Ekonomi dan Bisnis Islam - IAIN Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52490/malikalshalih.v1i1.660

Abstract

This community service aims to determine the ability of the Gampong government in Gampong Asan in managing the Village Fund Allocation (ADG). To see the ability of the Gampong government in the management of ADG, the authors refer to management starting from the planning, implementation, reporting and accountability stages. The method used to realize this community service program is material presentation, mentoring, evaluation. The results of community service show that the actual ability of the Gampong Asan government in terms of administrative capabilities has not improved from year to year, but in terms of determining the work program in the use of ADG it is also still minimal. This problem is influenced by several factors, namely; (1) The people of Gampong Asan do not actively participate in all Gampong government affairs, and (2) Supervision by the supervisory team has not been maximized.