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Tazkia Islamic Finance and Business Review
ISSN : 24600717     EISSN : 24600717     DOI : -
Core Subject : Economy,
Tazkia Islamic Finance and Business Review (TIFBR) is a peer-reviewed journal published by the Institute for Research and Community Empowerment (IRCE), Tazkia University College of Islamic Economics in collaboration with Association of Islamic Economics Lecturers (ADESY). The Journal is semi-annual journal issued in July and December. The aim of the journal is to disseminate Islamic Economics, finance and business researches done by researchers both from Indonesia and overseas.
Arjuna Subject : -
Articles 198 Documents
The Sharia Pawnshops and Its Role for Community Resilience in the days of Covid-19 Pandemic: Evidence from Indonesia and Malaysia Andi Bahri S; Yusuf Hardiansyah
Tazkia Islamic Finance and Business Review Vol. 16 No. 1 (2022)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v16i1.286

Abstract

In this modern era especially during pandemic (Covid-19), we found that most of country in the world facing economic crisis include Indonesia and Malaysia. One of institution which was growing in both country is Pawnshop and it’s develop and promoting the Islamic economy especially during pandemic (Covid-19). One of the alternative for this economic crisis issue especially during pandemic is doing Rahn transaction to get speedy cash and at the same time. This study aims to analyze the differences between pawnshop in Indonesia and Malaysia. This study used qualitative description method with an approach to library research (literature review). The qualitative method is used to analyze the instrument or products which provided by pawnshops. Result of this study are both pawnshop have a goal and want to become the most valuable financial company by following and or meet the community needs. Indonesia’s pawnshop and Malaysia’s pawnshop provide different product. Malaysia’s pawnshop product just serviced only gold, but Indonesia’s pawnshop more various such as gold, hajj installment, and vehicle mortgage/credit and etc. Keywords: Sharia Pawnshop, Pawnshop Product, Rahn, Community Resilience, Covid-19.
Socioeconomic Wellbeing Amid The COVID-19 Crisis : Indonesia and Malaysia Nurul Hilmiyah; Mira Munira; Dewi Tri Rahayu; Muhammad Hakimi Shafiai; Zulfa Emeliya Zein
Tazkia Islamic Finance and Business Review Vol. 16 No. 1 (2022)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Massive and ongoing outbreaks of the corona virus have become a serious threat with a negative impact on the living standards and socio-economic well-being of the community. The objective of this study is to investigate the severe level of pandemic impact on both countries, Indonesia and Malaysia, and analyze the effectiveness of policy response, particularly on the economic stimulus to bring back socioeconomic well-being on the right track. This article employs content analysis as well as a comparative approach between two countries, Indonesia and Malaysia. Both mitigation plans from Indonesia and Malaysia have advantages and disadvantages to their economy and socioeconomic conditions. It is expected that this study contributes both theoretically and practically to the field of socioeconomic well-being in both countries. Keywords: Covid-19, Socioeconomic Wellbeing, Mitigation Policy, Malaysia, Indonesia
Covid -19 and Recovery Proposal from Islamic Philantropy Studies Anita Priantina; Tatial Maulida Putri; Muhammad Syamsul Bahri
Tazkia Islamic Finance and Business Review Vol. 16 No. 1 (2022)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v16i1.291

Abstract

تسبب Covid 19 في تعطيل الاستقرار الاقتصادي العالمي. البلدان في جميع أنحاء العالم تكافح الآن من أجل البقاء والتعافي من الوباء. من بين الدروس المستفادة من الأزمة أن الاقتصاد يحتاج إلى مزيد من المساعدة من القطاعات الخيرية. الإسلام لديه أنماط إيثارية مختلفة للدعم الاقتصادي. كما تم إجراء البحوث في العمل الخيري الإسلامي من مختلف الجوانب والأساليب. تحلل هذه الدراسة الأبحاث التي أجريت خلال Covid-19 ، وخاصة فيما يتعلق بالعمل الخيري الإسلامي. يتم تحليل المقالات المفهرسة في الباحث العلمي من Google لتحقيق هدف الدراسة. يتم أيضًا استخدام مراجعة الأدبيات المنهجية والتحليل الببليومتري وسحابة كلمات Atlas.ti للإجابة على أسئلة البحث. أظهرت النتائج أن هناك العديد من المقترحات المقدمة من قبل المؤلفين. تعد نماذج الوقف جنبًا إلى جنب مع العقود التجارية الإسلامية أكثر الخطط المقترحة للمساعدة في الانتعاش الاقتصادي خلال وبعد Covid 19.
Does the MUI fatwa on Multi Contracts Causes Gharar? Hamzah Rojulul Ghodi Assyarif Sumanto; Andri Nirwana AN; Muchammad Ichsan
Tazkia Islamic Finance and Business Review Vol. 16 No. 2 (2022): Resilience (2)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v16i2.294

Abstract

Law in Islamic syariat is focused on the realization of muamalah for humans, so that things that are opposite and contrary to benefit are definitely annulled in Islamic law, among things that are prohibited because they are contrary to benefit are muamalah behaviors that contain gharar, among transaction behaviors that are containing gharar is multi-contract multi-contract that has different laws and consequences that arise in one contract and time, this is due to uncertainty about the contract that occurs, between buying and selling or leasing contracts, in this case, and the MUI issues a fatwa regarding the rules multi-contract contracts which are justified by Islamic law, contained in fatwa no. 27 of 2002 concerning buying and selling leases, this research will examine the fatwa, whether the fatwa has the opportunity to cause gharar or not? , the method used in this research is a qualitative method by analyzing the content of the fatwa even though testing it with gharar theory which leads to the conclusion that the fatwa dsnmui no.27 of 2002 has no chance of causing gharar. Keywords: Fatwa , Hybrid contract, Gharar, Muamalah
The Efficiency Analysis of Islamic Commercial Banks Using a Two-Stage Data Analysis Method: Efficiency Analysis Tri Annisya; Nurbaiti Nurbaiti
Tazkia Islamic Finance and Business Review Vol. 16 No. 2 (2022): Resilience (2)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v16i2.295

Abstract

A measure of company efficiency is also commonly used in banking. The DEA (Data Envelopment Analysis) method, which compares the input and output, is a mathematical program optimization method. This study investigates the efficiency level of Islamic banks in Indonesia from 2018 to 2021. It examines the role of capital and liquidity and their impact on Islamic banking efficiency. The quantitative methods used were nonparametric methods (DEA) and parametric methods using Tobit regression methods to examine capital and liquidity effects. The results show that Indonesia's Islamic Commercial Bank (BUS) is not operating effectively, according to the DEA's average efficiency score of 0.911 from 2018 to 2021. Furthermore, the findings suggest that capital and liquidity can improve the efficiency of Indonesian Islamic commercial banks. Keywords: Efficiency, Islamic Commercial, Two Stage DEA, Tobit Model
The Analysis of Small Medium Enterprise’s Sukuk Investment Intention Through Financial Technology Securities Crowdfunding Arief Luqman Hakim; Afif Zaerofi; Rahmat Mulyana
Tazkia Islamic Finance and Business Review Vol. 16 No. 2 (2022): Resilience (2)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v16i2.301

Abstract

The study is aimed at examining the determinants of retail investor to invest in small medium enterprise’s (SME) sukuk through Fintech Securities Crowdfunding (SCF) using the extended theory of planned behaviour (TPB). The cluster random sampling was applied and survey was conducted by distributing online questionairre to retail investors who already invested through SCF in Indonesia officially licensed by the OJK (Authority of Financial Services). The data of 218 respondent were analysed using SmartPLS 3.2.9. The result suggested that attitude, subjective norm and perceived behaviour control were statistically found significant to intention to invest in SME’s sukuk. The result also showed that other variables observed, knowledge, religious factor and risk & return have positively significant impact on attitude toward SME’s sukuk investment. Interestingly, sharia compliance factor not significantly impact to attitude.
Profitability as a Mediator for the Effect of Capital Structure and Financing Risk on the Value of Islamic Commercial Banks in Indonesia An Nisa Uswatun; Esy Nur Aisyah
Tazkia Islamic Finance and Business Review Vol. 16 No. 2 (2022): Resilience (2)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v16i2.304

Abstract

إن وجود منافسة بين البنوك في إندونيسيا يجعل جميع القطاعات المصرفية التقليدية والإسلامية يجب أن تستمر في السعي لتحقيق الاستقرار في مواردها المالية وقيم الشركة. يمكن أن تتأثر قيمة الشركة بعدة عوامل ، ويمكن أيضا رؤية قيمة الشركة نفسها من خلال الاستحواذ على سعر الأسهم المملوكة. تهدف هذه الدراسة إلى اختبار تأثير أو عدم تأثير DER و DAR و NPF من خلال الوساطة عن طريق الربحية (العائد على الأصول). استخدمت هذه الدراسة الأسلوب الكمي التفسيري مع عينة من 6 بنوك تجارية شرعية استوفت معايير البحث. تحليل البيانات المستخدم هو SPSS 25 و SmartPLS 3. نتيجة هذه الدراسة هي أن المتغيرات الثلاثة DER و DAR و NPF لم يكن لها تأثير كبير على EVA وكذلك ROA. ROA غير قادر أيضا على التوسط في تأثير المتغيرات الحرة الثلاثة على متغيراتها المرتبطة.
Profitability as a Moderating Effect of Liquidity, Sales Growth and Leverage on Financial Distress in Islamic Commercial Banks Khofifah Ayu Virnanda; Ulfi Kartika Oktaviana
Tazkia Islamic Finance and Business Review Vol. 16 No. 2 (2022): Resilience (2)
Publisher : Institute for Research and Community Empowerment (LPPM TAZKIA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v16i2.306

Abstract

Islamic commercial banks are inseparable from the risk of financial distress. Several financial ratios are able to predict Financial Distress. This study aims to determine the effect of Liquidity, Sales Growth, and Leverage on Financial Distress which is moderated by Profitability. The type of data used is panel data so that it uses panel data regression analysis assisted by Eviews 10 software. The moderation variable test uses Moderating Regression Analysis (MRA). Data collection used a purposive sampling method so as to obtain a sample of 13 Islamic commercial banks in the 2014-2020 period. This study uses the Random Effect Model (REM) technique to see the effect of the relationship between liquidity, sales growth, and leverage variables on financial distress variables simultaneously or partially. The results show that the variables of liquidity and leverage have a significant effect on financial distress. While the sales growth variable has no significant effect on financial distress. Variables that can be moderated by profitability are sales growth and leverage, but profitability is unable to moderate the relationship between liquidity and financial distress. Keywords: Islamic commercial banks, Liquidity, Sales Growth, Leverage, Financial Distress
Permodalan, Efisiensi, Risiko Manajemen Stabilitas Bank Syariah Selama Pandemi Covid-19 Ikrima Hamda; Barianto Nurasri Sudarmawan
Tazkia Islamic Finance and Business Review Vol. 17 No. 1 (2023): TIFBR
Publisher : Faculty of Islamic Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v17i1.309

Abstract

ومن الواضح أن هذه الفترة لا تزال قائمة على الاستقرار في السوق التي تعمل على تحقيق الاستقرار في سوق العمل. ومن شأن الاستقرار في البلدان النامية أن يؤدي إلى انخفاض أسعار الفائدة والبلدان الوسيطة من أجل التوصل إلى مزيد من الجهود. وعلى الرغم من أن جائحة كوفيد-19 لا تزال تعاني من جائحة كوفيد-19 في العاصمة الإندونيسية، ومن الواضح أن هذه العواصم لا تزال تعاني من الاستقرار في إندونيسيا بسبب تغير المناخ. Studi ini melakukan analisis dengan menggunakan metode kuantitatif berdasarkan Vector Error Correction Model (VECM). ومن الواضح أن هذا الوضع لا يزال قائما على تحقيق الاستقرار في بنك الشريعة الإسلامية. ومن الواضح أن هذا يعني أن البنك الإسلامي الشرعي لا يزال قائما على تحقيق الاستقرار في ظل جائحة كوفيد-19. ومن الواضح أن هذا لا يعني أن هناك الكثير من الثغرات التي يمكن أن يفعلها روزفلت وروزفلت في تغيير الأعباء التي يمكن تحقيقها. ومن الواضح أن جائحة كوفيد-19 لا تزال تعاني من استقرار البنك في مواجهة فيروس كورونا المتأثر. وعلى الرغم من أن جائحة كوفيد-19 قد أدت إلى انتشار الشريعة الإسلامية في جميع أنحاء العالم، إلا أنها لم تسفر عن استقرار في البنوك والشريعة.
Analysis Efficiency of Islamic Banking Financing in Improving Sustainability Performance and Green Banking in Indonesia Lia Dahlia Iryani; Erwin Erwin; Muhammad Wahyu Akbar
Tazkia Islamic Finance and Business Review Vol. 17 No. 1 (2023): TIFBR
Publisher : Faculty of Islamic Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v17i1.310

Abstract

This study aims to analyze the efficiency of Islamic banking financing in increasing sustainability performance and green banking in Indonesia. This study used 34 Islamic banking institutions through filling out questionnaires by the heads of the accounting and reporting divisions. The data was processed and analyzed using Structural Equation Modeling (SEM). The results of the study show that the efficiency of Islamic banking financing has a positive effect on increasing sustainability performance and green banking in Indonesian Islamic banking. Improved sustainability performance and green banking caused by the financing return strategy carried out by Islamic banking can help companies to obtain information from financial performance so that they can plan suitable strategies in the future and Islamic banking can focus on community welfare through environmental preservation.