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Contact Name
Alwahidin
Contact Email
lifalah.iainkdi@gmail.com
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+6282348219871
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Jl. Sultan Qaimuddin No.17 Baruga
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Kota kendari,
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INDONESIA
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam
Li Falah, Journal of Islamic Economics and Business Studies is a scientific journal concerning on the latest research results and becomes a scientific communication media for lecturers, researchers, and or observers in the Islamic economics and business field.
Articles 304 Documents
Determinant Analysis of MSE Owners' Interest in Islamic Banking Financing in Kenagarian Kinari: A Confirmatory Factor Analysis Approach Adif, Riandy Mardhika; Andespa, Roni; Naldi, Ool
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10244

Abstract

This study examines the factors influencing Micro and Small Enterprise (MSE) owners' interest in accessing Islamic banking financing in Kenagarian Kinari. Using a quantitative approach and Confirmatory Factor Analysis (CFA), the research involved 89 MSE owners who had not yet accessed Islamic bank financing. The analysis identified ten key factors influencing MSE owners' interest: social factors (27.393%), location (8.879%), marketing mix (7.033%), promotion (5.868%), cultural (5.018%), product (4.473%), procedural (3.930%), personal (3.490%), belief (3.232%), and psychological factors (3.053%). Notably, social factors, encompassing group recommendations, family encouragement, and work environment influence, emerged as the most dominant determinant with the highest loading factor. This research provides significant contributions to developing Islamic banking strategies in reaching the MSE segment and enhancing Islamic financial inclusion at the village level.
Impact of Islamic CSR and Intellectual Capital on the Maqashid Syariah Index in Indonesian Sharia Banks (2018-2022) Putra, Yusuf Irvan Mahesa; Ekawati, Evi; Sisdianto, Ersi; Nurlaili, Nurlaili
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v9i1.9840

Abstract

This study examines the impact of Islamic Corporate Social Responsibility (ICSR) and Islamic Intellectual Capital (IIC) on the Maqashid Syariah Index, using theories such as stakeholder theory, Sharia Enterprise Theory, and Resource-Based Theory. The ICSR dimensions include Funding and Investment, Product and Service, Employee, Community, Environmental, and Governance, while the IIC dimensions cover Human Capital, Structural Capital, and Customer Capital. The research aims to analyze how these dimensions influence the Maqashid Syariah Index, which measures the achievement of Islamic principles in financial institutions. The study uses a quantitative approach, analyzing secondary data from the annual reports of eight Sharia Commercial Banks in Indonesia from 2018 to 2022. The sampling was done through purposive sampling, and data analysis was conducted using multiple linear regression with SPSS Statistics 25. The results reveal that the ICSR dimensions of Products and Services, Governance, and the IIC dimension of Structural Capital have a positive and significant impact on the Maqashid Syariah Index. However, the ICSR dimensions of Funding and Investment, Employee, Community, and Environmental, as well as the IIC dimensions of Human Capital and Customer Capital, show no significant effect on the Maqashid Syariah Index. This result indicates that certain aspects of ICSR and IIC are more critical in advancing the objectives of Islamic finance according to the Maqashid Syariah framework.
Bridging Faith and Technology: Digital Innovation in Islamic Economic Practices Nudin, Nurdin; M. Amin, Sagir; Sofyan, Syakir
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10753

Abstract

The digital transformation of Islamic economics and business has accelerated with widespread internet adoption, creating new opportunities and challenges for Shariah-compliant commerce. This study examines the emergence and impact of digitalization in Islamic economic activities through qualitative research conducted in Palu City, Indonesia. Data was collected through in-depth interviews with 24 young Muslim entrepreneurs and observations of Shariah-compliant businesses across different scales. The findings reveal four key areas of digital transformation: Shariah-compliant e-commerce, Islamic financial technology (fintech), digital payment systems, and electronic zakat, infaq, sadaqah, and waqf (e-ZISWAF) platforms. These digital innovations have expanded market access, improved operational efficiency, and increased transparency in Islamic business practices while maintaining Shariah compliance. However, challenges remain in the areas of regulatory frameworks, technological infrastructure, and consumer trust. This research contributes to understanding how Islamic economic institutions are adapting to digital transformation while preserving religious principles.
The Impact of Rupiah Exchange Rate and Crude Palm Oil (CPO) Export Value on the Gross Regional Domestic Product (GRDP) of Lampung Province: An Islamic Economic Perspective, 2013-2022 Anggraini, Dini; Ghofur, Ruslan Abdul; Nurmalia, Gustika
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v9i1.9845

Abstract

GRDP in Lampung province is still experiencing fluctuations, which has increased from 2013-2019. Then, in 2020 GRDP will decrease and will increase again in 2021-2022. The research method used is quantitative. The data source used in compiling this research is secondary data in the form of a time series, which was processed using EViews 10. Data obtained from BPS Lampung province includes data on the rupiah exchange rate, the value of CPO exports and the GRDP of Lampung province in 2013-2022. The results showed that partially, the rupiah exchange rate variable had a positive and significant effect on the GRDP in Lampung province in 2013-2022, and the CPO export value variable had no significant effect on the GRDP in Lampung province in 2013-2022. Meanwhile, the f (simultaneous) test shows that the rupiah exchange rate and the value of CPO exports jointly affected GRDP in Lampung province in 2013-2022. GRDP, in the perspective of Islamic economics, will affect tax revenues by increasing waqf, zakat, alms and other income taxes which will have a good impact because increasing regional revenue is expected to increase welfare and economic growth.
Comparing Pre and Post-Merger Performance of Bank Syariah Indonesia: A Maqashid Shariah Index Analysis Inarawi, Wiwi; Djuwita, Diana; Wartoyo, Wartoyo; Wahyuningsih, Nining
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10779

Abstract

This study evaluates the performance impact of Indonesia's landmark Islamic bank merger by comparing pre and post-merger performance using the Maqashid Shariah Index (MSI) framework. The research analyzes performance data from the three merged banks - Bank Rakyat Indonesia Syariah (BRIS), Bank Negara Indonesia Syariah (BNIS), and Bank Syariah Mandiri (BSM) - for five years prior to their merger (2016-2020), and compares it with two years of post-merger data (2021-2022) from Bank Syariah Indonesia (BSI). Using a quantitative approach with descriptive verification methods, the study employs Simple Additive Weighting and Mann-Whitney U Test to analyze performance across three MSI dimensions: education of individuals (Tahzib al-Fard), establishment of justice (Iqamah al-Adl), and promotion of welfare (Jalb al-Maslahah). The findings reveal that among the pre-merger banks, BSM demonstrated the strongest overall MSI performance. Post-merger analysis shows that while BSI achieved performance stability in its first two years, its MSI score remains slightly below the pre-merger average. Statistical analysis using the Mann-Whitney U Test indicates no significant performance differences between pre and post-merger periods across all MSI dimensions. These results provide important insights for Islamic banking practitioners and regulators regarding the early performance outcomes of this strategic merger while highlighting opportunities for further optimization of BSI's adherence to Shariah objectives.
Production and Promotion Cost Optimization for Corporate Profitability: An Islamic Economic Analysis of PT Mustika Ratu Tbk (2015-2022) Tusifakh, Nur Azizah; Ekawati, Evi; Zuliansyah, A.
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10245

Abstract

This study examines the impact of production costs and promotional expenses on corporate profitability through an Islamic economic lens, using PT Mustika Ratu Tbk as a case study from 2015 to 2022. Through a quantitative approach utilizing causal associative analysis, the research analyzes quarterly financial statements (n=32) obtained through purposive sampling. The findings reveal that neither production costs nor promotional expenses significantly influence net profit, either partially or simultaneously. Production costs showed no significant effect (p=0.606 > 0.05), suggesting that standard-compliant production spending does not proportionally correlate with profitability. Similarly, promotional expenses demonstrated no significant impact (p=0.318 > 0.05), indicating that marketing expenditure may be secondary to other factors, such as product quality, in driving profitability. The coefficient of determination (R²=0.072) suggests that these variables account for only 7.2% of profit variation, with 92.8% attributed to external factors. This research contributes to understanding cost management in Islamic business contexts and provides insights for optimizing resource allocation in Indonesia's cosmetics industry. The findings offer practical implications for corporate financial strategy while maintaining alignment with Islamic economic principles.
The Impact of Islamic Work Ethics and Motivation on Employee Performance: A Case Study of BMT Ar-Rahmah Jaya Mulia, Central Lampung Peftiani, Widia; Ekawati, Evi; Ramdani, Rahmat Fajar
Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam Vol 1, No 1 (2024): Special Edition: International Conference on Islamic Economics (ICOIE)
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v9i1.9841

Abstract

This research aims to determine the influence of Islamic work ethics and work motivation on employee performance, in this study quantitative methods. The population used is all employees at BMT Ar-Rahmah Jaya Mulia Central Lampung, totalling 35 employees. The sampling technique used is a saturated sampling technique, where the entire population is sampled in the study so that a research sample of 35 employees is obtained. At the same time, the data collection technique used is the distribution of questionnaires. Data is processed using SmartPLS version 4.0. The results show that Islamic work ethics have a positive and significant effect on employee performance, and work motivation has a positive and significant effect on employee performance.
The Role of Brand Commitment in Mediating Brand Image and Brand Attacment to Repurchase Intention Aziza, Aqualerra Dewi; Fikriah, Nur Laili
Li Falah: Journal of Islamic Economics and Business Vol. 9 No. 2 (2024): December 2024
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v8i2.6347

Abstract

This study aims to analyse the influence of brand image and brand attachment on repurchase intention with brand commitment as an intervening variable among Scarlett Whitening consumers who use Shopee in Malang City. The method used in this study was a quantitative approach with correlation analysis, with purposive sampling of 175 respondents from Generation Z and millennials and data analysis using Partial Least Square (PLS). The theories employed include the concept of brand image as the public's perception ofakan a brand, brand attachment as consumers' emotional connection to a brand, brand commitment reflecting psychological loyalty, and repurchase intention as consumers' intention to repurchase. The results indicate that brand image does not significantly influence brand commitment but has a positive direct effect on repurchase intention. Conversely, brand attachment has a significant positive effect on both brand commitment and repurchase intention. Brand commitment also has a significant positive effect on repurchase intention. It mediates the relationship between brand attachment and repurchase intention but does not mediate the relationship between brand image and repurchase intention. The practical implications of this study emphasise the importance of marketing strategies that focus on strengthening consumers' emotional attachment through personalisation and intensive interaction to increase loyalty and repurchase. This study is relevant for the Generation Z and millennial markets in Malang and the Shopee e-commerce distribution channel.
Green Products, Halal Certification, and Halal Awareness: Case Study of Purchase Decision on Oriflame Products Nisa, Ainul Hayatin; Muhaimin, Muhaimin; Syarqawie, Fithriana; Akbar, Ilham; Rimayanti, Rimayanti
Li Falah: Journal of Islamic Economics and Business Vol. 9 No. 2 (2024): December 2024
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v8i2.6767

Abstract

This study examines the influence of green products, halal certification, and halal awareness on the purchasing decisions of Oriflame products in Banjarmasin. With growing environmental concerns and increasing awareness of halal consumption, Muslim consumers are now considering both the eco-friendliness and the halal status of products before making purchasing decisions. This research uses a quantitative approach, collecting data through questionnaires distributed to 96 respondents who are Oriflame consumers in Banjarmasin. The data were analyzed using multiple linear regression with SPSS 25. The results show that green products, halal certification, and halal awareness have a positive and significant effect on purchasing decisions, both individually and collectively. Specifically, halal awareness was found to be the most influential factor in shaping purchasing decisions. The study also reveals that while green products are essential for consumers concerned about the environment, halal certification plays a crucial role in ensuring the product’s compliance with Islamic law, fostering trust among Muslim consumers. The findings suggest that companies marketing to Muslim consumers should emphasize both the sustainability of their products and their halal certification to meet the growing demand for ethically and religiously compliant goods. This research contributes to understanding consumer behavior in the halal product market, particularly in Indonesia, and offers valuable insights for businesses seeking to target eco-conscious Muslim consumers.
Measuring and Evaluating Sharia Business Unit Spin-Off in Indonesia Using RBBR Model Rukminastiti, Atika Masrifah; Rifai, Muhammad Rizqi
Li Falah: Journal of Islamic Economics and Business Vol. 9 No. 2 (2024): December 2024
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v9i2.8997

Abstract

This study aims to measure and evaluate the performance of sharia business units that have spun off into sharia commercial banks in Indonesia, with an emphasis on the effectiveness of implementing the Risk-Based Bank Rating model. In addition, the study is driven by the regulatory mandate of the Sharia Banking Law and the industry's need for institutional strengthening after the spin-off. The research method uses a quantitative-descriptive approach by applying four main indicators in the RBBR model: risk profile, good corporate governance, profitability, and capital. Secondary data was obtained from the annual financial reports of Islamic banks resulting from spin-offs in the 2010–2022 period, which were then analysed comparatively to assess the differences in performance before and after the spin-off. The results show that spin-offs generally positively impact capitalisation and profitability, although improving governance quality and risk mitigation still face significant challenges. These findings provide input for regulators, particularly the Financial Services Authority (OJK), to refine spin-off policies so that they are oriented towards fulfilling legal obligations and increasing the competitiveness and stability of the Islamic banking system in Indonesia. The implications of this research emphasise the importance of risk management strengthening strategies, product diversification, and operational efficiency optimisation so that BUS after spin-offs can compete sustainably with conventional and full Islamic banks.