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Contact Name
Alwahidin
Contact Email
lifalah.iainkdi@gmail.com
Phone
+6282348219871
Journal Mail Official
lifalah.iainkdi@gmail.com
Editorial Address
Jl. Sultan Qaimuddin No.17 Baruga
Location
Kota kendari,
Sulawesi tenggara
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 295 Documents
Analysis of Sharia Compliance and Islamic Corporate Identity Impact on Financial Performance: Evidence from Indonesian Islamic Banks (2019-2022) Puspita, Sari Maylina; Suryanto, Tulus; Iqbal, Muhammad
Li Falah: Journal of Islamic Economics and Business Vol. 9 No. 1 (2024): June 2024
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v1i1.10827

Abstract

This study examines the relationship between Sharia compliance measures, Islamic corporate identity, and financial performance in Indonesian Islamic banks. Using panel data from seven Islamic commercial banks over the 2019-2022 period, the study employs three Sharia compliance indicators: Islamic Income Ratio (IsIR), Profit Sharing Ratio (PSR), and Islamic Investment Ratio (IIR), along with Islamic Corporate Identity (ICI) as independent variables. Financial performance is measured through Return on Assets (ROA). The research utilizes panel data regression analysis with a fixed effect model validated through Chow and Hausman tests. Results indicate that PSR and ICI have significant negative effects on financial performance, while IIR demonstrates a significant positive influence. Interestingly, IsIR shows no significant impact on financial performance. The model explains 85.55% of the variation in financial performance, suggesting strong explanatory power. These findings provide valuable insights for Islamic banking regulators and practitioners in understanding the complex relationship between Sharia compliance, corporate identity, and financial performance in the Islamic banking sector.
The Influence of Critical Factors on Customer Retention in Islamic Banking Gunawan, Dedi; Hanafi, Syafiq Mahmadah; Amal, Muhammad Ahsanul
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.v9i2.11473

Abstract

This study aims to examine the key determinants of customer retention in Islamic banking, with a specific focus on Bank NTB Syariah. Five critical factors are analyzed: trust, Islamic business ethics, relationship marketing, service quality, and customer satisfaction. Using a quantitative approach, the research applies Stuctural Equation Modeling (SEM) with Partial Least Square (PLS) method to analyze survey data collected from 220 customers. The results indicate that trust, Islamic business ethics, and relationship marketing significantly and positively influence customer retention. Conversely, service quality and customer satisfaction were found to have no siginificant effect. These findings highlight that ethical compliance and strong relational ties are more influential than traditional service attributes in shaping customer loyalty within Islamic banking. The study contributes to the literature by integrating ethical and relational perspectives into models of customer retention and provides practical guidance for Islamic banks to strengthen customer loyalty through trust-building, adherence to Islamic ethics, and relationship marketing strategis.
Market Reaction to The Palestinian-Israeli Conflict: Analysis of PT. Unilever Nazmi, Redha Alfin; Andini, Nova Riza Ayu; Amal, Muhammad Ahsanul; Iftitah, Insiyatul
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.v9i2.11474

Abstract

This study aims to analyze the impact of the Palestinian-Israeli conflict on stock market reactions, particularly at PT. Unilever Indonesia, focusing on changes in stock prices and abnormal returns before and after the boycott of Unilever products. This study employs a quantitative approach using an event study method conducted over 14 days, seven days before and seven days after the boycott issue emerged. The analytical techniques used include descriptive statistical tests, the Shapiro-Wilk normality test, and hypothesis testing using the paired sample t-test and the Wilcoxon signed-rank test. The study's results indicate significant differences in stock prices and abnormal returns of PT. Unilever Indonesia before and after the boycott issue, while trading volume activity did not differ significantly. The decline in stock prices and abnormal returns after the boycott issue indicates an adverse reaction from investors toward the company's involvement in the conflict. The implications of this study can provide insights to multinational companies on how global political conflicts can affect corporate image and financial performance through stock market reactions and the importance of more cautious communication strategies and policies in managing corporate involvement in global political issues.
Investigating the Role of Islamic Finance Literacy on Youths’ Economic Empowerment in Nigeria Alaka, Abdullahi; Kewulere, Adam; Emiola, Habeeb
Li Falah: Journal of Islamic Economics and Business Vol. 10 No. 1 (2025): June 2025
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v10i1.11597

Abstract

This study investigates the role of Islamic finance literacy in promoting economic empowerment among youths in Nigeria. Despite growing interest in Islamic finance, there remains a notable gap between theoretical understanding and practical application among Nigerian youth. The research identifies this gap as an obstacle to meaningful economic empowerment, especially in rural areas. A structured questionnaire was employed to gather data from a diverse sample of young respondents across Nigeria, assessing their awareness, understanding, and practical engagement with Islamic finance principles. The findings reveal that while many youths value the ethical and financial principles of Islamic finance, a lack of exposure and institutional support significantly limits their ability to leverage these tools for economic advancement. Notably, responses from urban areas were more informed, highlighting the need for inclusive strategies that target rural populations. The study finds strong correlations between Islamic finance literacy and youth empowerment outcomes, revealing the importance of integrated educational approaches. The research contributes new insights to the field by advocating for strategic collaboration between educational and Islamic finance institutions to develop inclusive literacy programs. It concludes that effective Islamic finance education can catalyze sustainable youth economic empowerment in Nigeria.
Utilization of Metaverse Technology in Building Higher Education Positioning: A Marketing Strategy Perspective in the Education Sector Ulfia, Lily; Fauziah, Sitti; Halid, Yusrifah
Li Falah: Journal of Islamic Economics and Business Vol. 10 No. 1 (2025): June 2025
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v10i1.11695

Abstract

The use of Metaverse technology in higher education remains limited, despite its potential to enhance universities' competitiveness and positioning. This study aims to explore how Metaverse can improve the position and competitiveness of higher education institutions, particularly Islamic State Universities (PTKIN), and its impact on educational quality and accessibility. The study employs a descriptive qualitative approach, using case studies of Muhammadiyah University Yogyakarta (MCU) and IAIN Kendari, with data collected through field observations, interviews with university administrators and students, and relevant documentation. Data were analyzed using Miles and Huberman’s interactive analysis model. The study is based on the Theory of Education Marketing in the Digital Age, emphasizing the role of digital technology in building engagement, and the Resource-Based View (RBV), focusing on Metaverse as a strategic resource for universities. Findings indicate that while challenges in infrastructure and human resources exist, Metaverse technology can enhance universities’ position by offering immersive and interactive learning experiences. Its use in marketing, such as virtual campus tours, enables universities to reach a broader prospective student base, both domestically and internationally. The study highlights the need for universities to integrate Metaverse technology into their curricula and marketing strategies to remain competitive and relevant in the Society 5.0 era.
Economic Instability and Growth: Analyzing the Role Of EPU, Inflation, FDI and Trade on GDP In Eight Asian Countries Nursam, Nurul Fatmah; Nur Fatiha; Ismail Pulungan; Taosige Wau; Shabur, Usman
Li Falah: Journal of Islamic Economics and Business Vol. 10 No. 1 (2025): June 2025
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v10i1.11772

Abstract

This study investigates the impact of inflation, foreign direct investment (FDI), trade openness, and economic policy uncertainty (EPU) on gross domestic product (GDP) in eight Asian countries Indonesia, China, Japan, South Korea, India, Pakistan, Thailand, and the Philippines over the period 2014–2023. Utilizing the Generalized Method of Moments (GMM) estimation for dynamic panel data, the results reveal that trade openness has a consistently positive and statistically significant effect on GDP, emphasizing its critical role in sustaining economic growth. FDI also exerts a positive influence, but its statistical significance varies across models, suggesting that differences in institutional capacity may affect its effectiveness. In contrast, inflation shows a negative and significant effect on GDP, indicating that price instability directly hampers growth. Moreover, EPU not only negatively impacts GDP but also significantly moderates the relationship between GDP and both FDI and trade openness, weakening their growth-enhancing effects. These findings highlight the necessity for Asian economies to maintain stable inflation, foster investment-friendly environments, and reduce policy uncertainty to fully harness the benefits of trade and foreign capital inflows.
Analysis of Factors Affecting Islamic Financial Literacy among Students (Case Study of Islamic Banking Students of UIN North Sumatra) Siregar, Nabila Safutri; Nasution, Juliana; Inayah, Nurul
Li Falah: Journal of Islamic Economics and Business Vol. 10 No. 1 (2025): June 2025
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v10i1.11777

Abstract

The purpose of this study is to investigate how gender influences (X1) and financial knowledge (X2) on Islamic financial literacy (Y) among students of the Islamic Banking Study Program at UINSU. The research employs a quantitative method utilizing data gathered from 91 respondents as well as examination of multiple linear regression.  The findings indicate that gender significantly influences Islamic financial literacy, with male students demonstrating higher literacy levels compared to females. Financial knowledge also has a significant impact and serves as the dominant factor in enhancing Islamic financial literacy. Simultaneously, both X1 and X2 variables significantly impact Islamic financial literacy, contributing more than fifty percent. This research was conducted to have a positive impact on students, especially the UINSU Islamic Banking Study Program, in increasing finansial knowledge related to Islamic financial principles and practices.
Anteseden dan Konsekuensi Negative emotions pada Industri Estimate di Indonesia Maharani, Rivana Syahira; Kurnia, Citra Adinda Putri; Rahayu, Fatik
Li Falah: Journal of Islamic Economics and Business Vol. 10 No. 1 (2025): June 2025
Publisher : Institut Agama Islam Negeri Kendari

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

Abstract

This study aims to analyze the influence of symbolic incongruence on negative emotions and its implications for negative consumer brand engagement in the context of the diving industry in Indonesia. Using a quantitative approach and explanatory design, data was collected through an online survey from consumers who have used diving services and were exposed to brand reviews on social media https://www.adenomyosisadviceassociation.org/hysterectomy. Analysis was conducted using Structural Equation Modeling (SEM) to test the relationship between latent variables. Results show that the mismatch between the brand's symbolic image and consumers' self-identity triggers negative emotions such as frustration and disappointment, which in turn drive negative brand engagement, both passively (avoidance) and actively (spreading bad reviews). The main contribution of this research lies in expanding the understanding of customer brand engagement from a negative perspective and the importance of alignment between brand communication and authentic experiences in maintaining reputation in the digital realm.
Impact of Instagram eWOM on Brand Equity and Purchase Intention: A Case Study of Youtfit Customers Daswan, Muh Irham; Juharsah, Juharsah; Sinarwati, Sinarwati; Daswan, Lestari; Hartini, Hartini; Makkulau, Makkulau
Li Falah: Journal of Islamic Economics and Business 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.v9i1.9792

Abstract

The purpose of this study is to determine (1) the influence of Instagram electronic word of mouth (eWOM) on brand equity, (2) the influence of Instagram e-WOM on purchase intention, (3) the influence of brand equity on purchase intention, (4) the influence of brand equity as an intervening variable between eWOM and purchase intention. This study used a simple random sampling technique. The sample in the study was 130 respondents who were Instagram account owners who were friends with the @youtfit__ Instagram account. Data analysis techniques use SEM (Structural Equation Modeling) Analysis analysis. The results showed that Instagram eWOM affects brand equity, Instagram eWOM affects purchase intention, brand equity affects purchase intention, and brand equity acts as an intervening variable between Instagram eWOM and purchase intention on Youtfit.
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.