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Factors affecting investment decision in Indonesia: Mediating role of intention to invest Maulana, Hartomi; Ulya, Alfina Zein Syarifa; Syahruddin, Syahruddin; Abadi, M. Kurnia Rahman; Hastuti, Ely Windarti; Harahap, Soritua Ahmad Ramdhani
Jurnal Ekonomi & Keuangan Islam Volume 11 No. 2, July 2025
Publisher : Faculty of Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/JEKI.vol11.iss2.art6

Abstract

Purpose – This study examines the effects of digital financial literacy and cognitive ability on investment decisions. The study also investigates how the intention to invest mediates the relationship between digital financial literacy, cognitive ability, and Sharia investors’ decisions.Methodology – The methodology used in this study is a quantitative approach with probability sampling techniques of the cluster sampling method. The sample determination was performed using the Slovin formula. As a result, 400 respondents from seven major cities in East Java were obtained. Partial Least Square - Structural Equation Modelling (PLS-SEM) was used as an analysis technique.Findings – The results indicate that digital financial literacy and cognitive ability have a significant effect on investment decisions. Investment intention has been proven to act as a mediating variable linking digital financial literacy and cognitive ability with investment decisions.Implications – It is important for investors to have a good level of digital financial literacy and adequate cognitive abilities to improve investment decision-making. Investment intention is an important factor mediating the influence of both variables on investment decisions.Originality – This study contributes significantly to the comprehension of the factors that influence investment decisions, as well as the contribution of investment intention to the process.
The Maqasid Al-Shariah Model and Its Application in Islamic Banking: An Analysis From Scholars And Academics Perspective Ramdani Harahap, Soritua Ahmad; Maulana, Hartomi; Maemunah, Hayatul; Rahmadani, Muhammad Rizky
El-kahfi | Jurnal Ekonomi Islam Vol 5 No 01 (2024): economics and islamics economics
Publisher : Sekolah Tinggi Ekonomi Syariah Manna Wa Salwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58958/elkahfi.v5i01.229

Abstract

Islamic banking is struggling in maintaining it in the financial industry by adhering to sharia principles. The development of Islamic banking continues to increase, starting from the performance, products, and other services. However, there are some problems in Islamic banking such as the murobahah financing which still supports the approval of Islamic banking and the lack of public understanding of about Islamic finance products. The research method used in this study through a qualitative approach to the form of stages of observation, interviews with practitioners and academics to complete the data and data documentation. To achieve valid results, interviews were conducted using purposive sampling techniques. This research reveals that in general the main purpose of maqāṣid al-sharī‘ah according to the agreement of the scholars is to achieve maslahah. To see the above, the maqāṣid al-sharī‘ah model is one model that can measure the performance of Islamic banking with a conception based on Islamic scholars. The three main points that become aspects of the benchmark are Tahdhib al-Fard (Educating individuals), Iqamah al-`Adl (Establishing justice) and Jalb al-Maslahah (Promoting Welfare).
Optimalisasi Badan Amil Zakat Nasional Dalam Upaya Penyaluran Dana Zakat Melalui Program Sleman Cerdas Terhadap Peningkatan Pendidikan Iqbal, Ahmad; Yusdani, Yusdani; Ramdani Harahap, Soritua Ahmad
Jurnal Ilmiah Ekonomi Islam Vol. 10 No. 1 (2024): JIEI : Vol.10, No.1, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i1.12359

Abstract

Education is one of the Indonesian nation's development sectors to advance society in forming intellectual human resources. It is very important to pay attention to contributions in the field of education, one of which is the use of zakat funds as a solution for children who are less fortunate in terms of education. Even so, it turns out that there are still many people who have not been touched by educational assistance through zakat. This research was conducted in 4 different places, namely at the BAZNAS Sleman Office, SD Negeri Perumnas 3, MTs N 4, and MAN 5 Sleman. The research method used is a qualitative method with a normative juridical and sociological approach. The results of this research are the distribution of zakat funds at BAZNAS Sleman with 5 work programs. The 5 work programs consist of: Productive Sleman, Healthy Sleman, Smart Sleman, Careful Sleman and Taqwa Sleman. Apart from that, BAZNAS Sleman also coordinates with Islamic organizations such as Nahdatul Ulama and Muhammadiyah so that there is no overlap with each other. In particular, the Sleman Pintar program is implemented in coordination with the Education Department and also the Social Service so that it is right on target and helps education to create a superior generation in the future.
PENGEMBANGAN KINERJA PERBANKAN SYARIAH BERDASARKAN MODEL MAQĀṢID AL-SHARĪ‘AH Maulana, Hartomi; Lahuri, Setiawan Bin; Ramdani Harahap, Soritua Ahmad
FINANSIA : Jurnal Akuntansi dan Perbankan Syariah Vol 5 No 1 (2022): FINANSIA : Jurnal Akuntansi dan Perbankan Syariah
Publisher : Fakultas Ekonomi Dan Bisnis Islam IAIN Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32332/finansia.v5i01.3683

Abstract

This study aims to explain the performance development in BRISyariah Ponorogo with the maqāṣid al-sharī‘ah model. This study uses a qualitative research methodology with the object of research at BRISyariah Ponorogo. The results of this study indicate that BRISyariah Ponorogo refers to the five aspects described by Al-Ghazali in preservating of religion, soul, mind, progeny and wealth. The application is seen from the commitment of BRISyariah Ponorogo in maintaining the sharia of all products from the culture of usury practice.
Productive Waqf Fund Management Strategy Azmi, Muhammad Ulul; Lahuri, Setiawan Bin; Kanggas, Fazari Zulhasmi; Kamaluddin, Imam; Harahap, Soritua Ahmad Ramdani
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 4 No 1 (2021): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v4i1.1576

Abstract

This article aims to provide an example for waqf management institutions in developing the benefits of productive waqf by implementing a good waqf management strategy and following the concept and purpose of waqf. With the increasing public interest in waqf and the increasing number of waqf management institutions throughout the world and especially in Indonesia. Along with that, there has not been a desire that can be emulated by waqf management institutions in determining the management strategy of productive waqf funds to develop the benefits of productive waqf itself. This type of research is qualitative research with data collection techniques conducted by conducting interviews with nadzir waqf in PM. Darussalam Gontor. This research shows that PM. Darussalam Gontor has a unique strategy in managing productive waqf funds while still looking at the purpose of the existing waqf, more than that, many communities around the boarding school can also benefit from productive waqf in PM. Darussalam Gontor. This research is expected to be a guide in developing the benefits of productive waqf in waqf management institutions in Indonesia.
Human Resources Development In Yayasan Dana Sosial Al-Falah Surabaya On Islamic Economic Perspective Harahap, Soritua Ahmad Ramdani
Li Falah: Journal of Islamic Economics and Business Vol. 3 No. 2 (2018): December 2018
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v3i2.1194

Abstract

Humans are resource of power in economic development that acts as the caliph of Allah on earth that is demanded to be responsible for the continuity of development that bring maslahah people in the world and the hereafter. However, in reality the human resource problem itself is still very complex, such as the lack of optimal quality of human resources, evidenced by the high number of unemployed in Indonesia. Where open unemployment in February 2017 reached 5,33% from 5,50% in February 2016. This phenomenon is interesting to review from the standpoint of human resource development in an Islamic perspective. By using qualitative methods and data collection through observation, interview and documentation of the Al-Falah Social Fund Foundation (YDSF) Surabaya as a sample of research. Finally this article explains that human resource development at Al-Falah Social Fund Foundation (YDSF) Surabaya uses spiritual and material approach. Through these two approaches, human resource development goes with programs aimed at improving human resources both spiritually and the material. In addition, this article also explains the obstacles encountered along with the solution to be applied by the Al-Falah Social Fund Foundation (YDSF) in order to optimize the quality of human resources.
The Role of MSME Business Development Training on Increasing Business Performance of BMT Beringharjo Ponorogo Partners Harahap, Soritua Ahmad Ramdani; Firmansah, Yayan; Maulana, Hartomi; Kurniawan, Dhika Amalia; Astuti, Rahma Yudi; Rusli, Lathiefa; Abidin, M. Zaenal; Muhtar, Ali
Proceeding Kilisuci International Conference on Economic & Business Vol. 2 (2024): Proceeding Kilisuci International Conference on Economic and Business
Publisher : Universitas Nusantara PGRI Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29407/5cg86650

Abstract

Research aim : This research aims to determine the role of MSME business development training on improving the business performance of BMT Beringharjo Ponorogo partners. Design/Methode/Approach : In this research and service, we use direct observation methods in the field and use training and mentoring methods for BMT Beringharjo Ponorogo partners. Research Finding : The result of carrying out this research and service is that the MSME partners of BMT Beringharjo are able to understand and implement the concepts of financial recording, marketing methods through normal means and digital marketing, warehousing operations and HR management within the scope of their respective MSMEs
Determinants of Pentahelix Model in Developing the Halal Industry in Indonesia: Analytic Network Process (ANP) Approach Maulana, Hartomi; Mohd Thas Thaker, Mohamed Asmy Bin; Zarkasyi, M. Ridlo; Taufani, Mochammad Kharits; Ramdani Harahap, Soritua Ahmad
Indonesian Journal of Halal Research Vol. 7 No. 1 (2025): February
Publisher : UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/ijhar.v7i1.34911

Abstract

The development of an industry cannot be realized without the role of stakeholders, and this also applies to the halal industry. This paper aims to examine the determinants of the pentahelix model in developing the halal industry in Indonesia. Qualitative approach by using the Analytic Network Process (ANP) used in this study. Ten respondents, including practitioners, academics, and policymakers, are selected to gather experts' opinions about developing the halal industry through the pentahelix model. The findings of this study show that business actors, who play a major role as producers and providers of halal products and are responsible for meeting halal standards, are the first priority determinant found in the pentahelix. An increase in understanding of halal knowledge, consistent discipline and professionalism, and having product development access of business actors will increase their role in developing the halal industry. The second priority determinant found is media, followed by government, academia, and community. The most prioritized sub-elements of the pentahelix aspect indicators, according to the respondents' agreement, are government support (government element) and knowledge and understanding of halal (business actor element). It indicates that government assistance is a priority due to its significant regulatory role in ensuring simple procedures and compliance with halal standards. In conclusion, the priority rank of determinant of pentahelix found is business actor (first rank), media (second rank), government (third rank), academia (fourth rank), and community (fifth rank). The study suggests that business actors play a crucial role in developing the halal industry, which may be enhanced in terms of their halal literacy and knowledge of halal products. The government's role in halal certification needs to be enhanced in order to ease the halal register for business actors.
Firm Value in The Financial Sector: Enterprise Risk Management, Islamic Social Reporting, and Profitability Disclosure Hartomi Maulana; Mutia Asmarani; Rahma Yudi Astuti; Ely Windarti Hastuti; Soritua Ahmad Ramdani Harahap
AFRE (Accounting and Financial Review) Vol. 7 No. 2 (2024): July 2024
Publisher : Postgraduate Program Merdeka University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/afr.v7i2.11418

Abstract

This study aims to analyse the effect of disclosure of ERM, ISR and Profitability on the value of financial sector companies listed on the Sharia Securities List for four periods (2018-2021). The data obtained by researchers were 4 financial sector companies listed on the Sharia Securities List for four periods (2018-2021). The method used in this research is descriptive quantitative, with panel data regression analysis in the data analysis. The results found in this study are, there is no relationship between ERM and the value of financial sector companies. Then there is a negative relationship between ISR and firm value. However, in Profitability and the value of financial sector companies there is a significant positive influence. Likewise, the results of the simultaneous significane test conducted on firm value have a significant positive effect.DOI: https://doi.org/10.26905/afr.v7i2.11418
Realizing Anti-Corruption Education that Synergizes with the Five Souls of Islamic Boarding Schools Soritua Ahmad Ramdani Harahap; Fajar Surya Ari Anggara
Research in Education, Technology, and Multiculture Vol 3, No 2 (2024): Research in Education, Technology, and Multiculture
Publisher : Institute of Multidisciplinary Research and Community Service

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61436/rietm/v3i2.pp70-77

Abstract

Abstract: Currently, the role of Islamic boarding schools has a very significant impact on advancing education in Indonesia. Amidst the moral decline of the millennial generation and the bad behavior of corruption from bad officials, education is an important aspect that needs to be highlighted. Armed with moral and mental instillation in Islamic boarding schools, it is hoped that it will produce the next generation who are anti-corruption and carry out the mandate properly. This research method uses the literature review method by reading primary and secondary literature on anti-corruption attitudes that synergize with the five souls of Islamic boarding schools. The results of this study explain that pesantren education can produce an anti-corruption generation based on the five aspects of the five souls of pesantren, namely sincerity, simplicity, self-sufficiency, ukhuwah Islamiyyah and freedom. The principles taught at Islamic boarding schools enable them to function as a stronghold and offer resources to its graduates so they can uphold the principles they have acquired.     Keywords: anti-corruption education, five souls, islamic boarding school, education.
Co-Authors Abadi, M. Kurnia Rahman Abda Abda Achmad Arif Achmad Noerkhaerin Putra Ahmad Iqbal Ahmad Suminto Aisy, Muwatsiqul Al Farizi, Muhammad Ari Anggara, Fajar Surya Azmi, Muhammad Ulul Baleo Hilal Hasibuan Dadang Irsyamuddin Dadang Irsyamuddin Dadang Irsyamuddin Dhika Amalia Kurniawan Elang Bintang Ely Windarti Hastuti Ely Windarti Hastuti, Ely Windarti Euis Nurkholifah Fajar Surya Ari Anggara Fajar Surya Ari Anggara Fajar Surya Ari Anggara, Fajar Surya Ari Fazari Zul Hasmi Kanggas Hartomi Maulana Hartomi Maulana Hartomi Maulana Hartomi Maulana Maulana Hasna Dini Nur Fuady Hayatul Maemunah Imam Haryadi Imam Kamaluddin Iqbal Imari Iza Hanifuddin Kazi Md Tarique Lathiefa Rusli M. Zaenal Abidin Mentari Fazrinnia Fazrinnia Mentari Mentari Fazrinnia Mohammad Ghozali Mohd Thas Thaker, Mohamed Asmy bin Muhammad Qodri Pangestu Muhammad Ridlo Zarkasyi Muhammad Ulul Azmi Muhammad Ulul Azmi Muhammad Ulul Azmi Muhammad Ulul Azmi Muhammad Ulul Azmi Muhammad Ulul Azmi Muhtar, Ali Mutia Asmarani Nur Briyan Nurkholifah, Euis Nusa Dewa Harsoyo Nusa Dewa Harsoyo, Nusa Dewa Rahma Yudi Astuti Rahma Yudi Astuti Rahma Yudi Astuti, Rahma Yudi Rahmadani, Muhammad Rizky Rambe, Sulthon El Hasbi Ridlo, Muhammad Rizky Rahmadani, Rizky Rizqon, Abdul Latif Rusyda Afifah Ahmad Salsabella, Oktavira Hanggreanda Setiawan Bin Lahuri Setiawan Bin Lahuri Sulthon El Hasbi Rambe Sulthon Elhasbi Rambe Suminto, Ahmad Suyoto Arief Syahruddin Syahruddin Syamna, Danial Khalid Syamsuri Syamsuri Syamsuri Taufani, Mochammad Kharits Thoriq, Abdul Ulya, Alfina Zein Syarifa Willy Tambayong Yayan Firmansah Yusdani Yusdani Zaki Rosyadi Zulqurnaini, Ahmad Budi