al-Uqud : Journal of Islamic Economics
al-Uqûd : Journal of Islamic Economics published by the Islamic Economic Studies Department of Economics Faculty of Economics, Universitas Negeri Surabaya in cooperation with the Forum of Economic and Business Lecturer Islam (FORDEBI). al-Uqûd published twice a year, in January and July. The journal will focus on providing quality research in the areas of Islamic economics, banking and finance. The goal of the journal is to cover topics that are paramount in modern Islamic economics and finance. The language used in the form of Indonesian and English. Editors invite research lecturers, the reviewer, practitioners, industry, and observers to contribute to this journal.
Articles
202 Documents
<![CDATA[What Attracts Guest to Stay? Brand Identity, Religiosity, and Reference Group towards Decision to Choose Sharia Hotel ]]>
<![CDATA[Jayanti, Winka Alfi]]>;
<![CDATA[Iriani, Sri Setyo]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 4, No 1 (2020): January ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (240.795 KB)
|
DOI: 10.26740/al-uqud.v4n1.p32-47
<![CDATA[Indonesia has one of largest Muslim population in the world. Therefore, currently it is not surprising that Sharia Branding is currently widely used by business entities ranging from banking to the hospitality business. This phenomenon is observed in the city of Surabaya in which Sharia hotels are mostly found such as the Namira Syariah Hotel. Nevertheless, the growth in the number of consumers who stay in Syariah hotels is not as much as conventional hotels. Therefore, the purpose of this research is to (1) to analyze the effect brand identity on the decision of consumers to stay at the Hotel Namira Syariah Surabaya, (2) to analyze the effect the consumer religiosity on consumers decision to stay at the Hotel Namira Syariah Surabaya, (3) to analyze the effect of the reference group to the decision to stay at the Hotel Namira Syariah Surabaya. This type of research uses a causal research approach. The population in this research is infinite but have ever stayed at the Hotel Namira Syariah Surabaya only but to all Muslim who at least 17 years old. The sample collection technique used is non-probability sampling with the number of samples is 210 respondents. The research instrument used a questionnaire, while data analysis used multiple linear regression analysis. From the results of the discussion and analysis of the data, it can be concluded that there is a positive influence of brand identity, religiosity and reference groups on the decision to stay at the sharia hotel.]]>
<![CDATA[ANALISIS KETIDAKBERHASILAN PROGRAM PEMBIAYAAN USAHA SYARIAH (PUSYAR) DALAM MENINGKATKAN KESEJAHTERAAN MASYARAKAT KOTA MOJOKERTO ]]>
<![CDATA[Pratiwi, Finna Dewi]]>;
<![CDATA[Widiastuti, Tika]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 1, No 2 (2017): July ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (8.698 KB)
|
DOI: 10.26740/al-uqud.v1n2.p95-120
<![CDATA[The background on this research that there are many people who have not managed a prosperous but has received funding from the program pusyar in Mojokerto. It thus indicates that the program pusyar conducted in Mojokerto experiencing the failure. The purpose of this study was to analyze the failure of programs to improve the welfare pusyar. The method used is a qualitative exploratory methods. The primary data obtained from interviews, observation and documentation of the parties associated with programs such as the SRB pusyar, Baznas, MES and also people who have not managed to prosper. While secondary data in this study were obtained from the print media or internet about pusyar, supporting data from a variety of journals, books that are relevant to the research. The results of the analysis carried out indicates that there are six factors to failure program pusyar in improving the well-being, namely: the level of income of the people that there is no improvement, the length of the process undertaken by the pusyar, funds provided to large businesses more than for small businesses, a guarantee that burden the people , the absence of assistance and facilities of the parties pusyar, and MES is not performing its role to the fullest.]]>
<![CDATA[Islamic Economic Student’s Knowledge and Attitude Toward Halal Pharmacy Product in East Java, Indonesia ]]>
<![CDATA[Rusmita, Sylva Alif]]>;
<![CDATA[Ryandono, Muhamad Nafik Hadi]]>;
<![CDATA[Filianti, Dian]]>;
<![CDATA[Mohd Salleh, Marhanum Che]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 5, No 1 (2021): January ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (365.559 KB)
|
DOI: 10.26740/al-uqud.v5n1.p1-15
<![CDATA[A Muslim has a limitation in consuming or wearing something. A Muslim is only permitted to consume something halal, either in food, drink, clothes, even finance. In the pharmaceutical industry, the standard of Halal Pharmaceutical is the most crucial document that should be followed to standardize the quality and the safety of halal. This research will analyze the knowledge and attitude of Islamic economics students who have the basic knowledge about halal and analyze how their attitude to the halal pharmacy. The research method is qualitative, with a literature review and descriptive analysis data from the questioner. Information on the label will influence the choices before buying and or consuming the medicine on the customer site. Consumers prefer to choose medicine with a halal label so that it will also benefit industries that have halal labels. But, in halal pharmacy, customers still hard to applied halal things in medicine; even though customers understand about halal, customers' attitude does not imply the principle of halal in the medicine.]]>
<![CDATA[MENGEMBANGKAN SIKLUS PENERAPAN SISTEM MANAJEMEN KINERJA BERBASIS KEMASLAHATAN ]]>
<![CDATA[Firdaus, Achmad]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 2, No 1 (2018): January ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.26740/al-uqud.v2n1.p94-120
<![CDATA[The study aims to develop the cycle of maslahah based performance management system (maslahah performa) implementation. Maslahah performa consists of 6 orientations are: worship orientation, internal process orientation, learning orientation, talent orientation, customer orientation and wealth orientation. The study is conducted through in-depth literature study of previous study related to the concept of maslahah, maslahah based performance management system, the balanced scorecard (BSC) and the quality management system. The study shows that maslahah performa can be applied with the foundation of PDCA cycle that is Plan - Do - Check - Action. Plan is developed into 5 steps: strategic planning, identifying the foundation of maslahah, determining the maslahah behavior, determining measures and agreeing the performance contract. Do is developed into performance implementation. Check is developed into monitoring process. Action is developed into corective and preventive action. Â Â Â Â ]]>
<![CDATA[Islamic Philanthropy and Covid-19 Pandemic Crisis: The Socio-Economic Role of Nahdhatul Ulama ]]>
<![CDATA[Abidin, Zainal]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 5, No 1 (2021): January ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (312.236 KB)
|
DOI: 10.26740/al-uqud.v5n1.p166-183
<![CDATA[Coronavirus has evolved into a global pandemic. The virus, which was first discovered in Wuhan in China, has quickly and massively spread throughout the world, and it has even paralyzed global socio-economic activities. In Indonesia, the Covid-19 pandemic first appeared in Jakarta. In a few days, it spread to all regions and islands, including Madura, one of East Java islands with a strict, strong religious scent and has considerable respect to religious structures and symbols, like the Islamic organization Nahdhatul Ulama' (NU). This study examined this Islamic organizations' socio-economic role in Covid-19 countermeasures through philanthropic activities. This qualitative study uses primary data and secondary data. This study describes how NU implements its socio-economic role in mitigating the spread of Covid-19 pandemic in Madura through philanthropic activities. ]]>
<![CDATA[MUDHARABAH AGRI-CROWDFUNDING IN THE EX-CLAY MINE UTILIZATION PROGRAM OF PT. SEMEN INDONESIA (PERSERO), TBK. CAMPUS OF C UNIVERSITAS INTERNASIONAL SEMEN INDONESIA ]]>
<![CDATA[Tutuko, Bambang]]>;
<![CDATA[Hudaifah, Ahmad]]>;
<![CDATA[Asyhad, M.]]>;
<![CDATA[Setyaningrum, Paramita]]>;
<![CDATA[Cholilie, Irvan Adhin]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 3, No 2 (2019): July ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (223.167 KB)
|
DOI: 10.26740/al-uqud.v3n2.p133-148
<![CDATA[The objectives of research are to study market, technical, and financial feasibility of crowdfunding project using Syariah contract on specified agriculture project based on a higher education institute potency. Such process will be carried out to identify a feasibility of the land use in the project and the amount of funding needed to be collected with the concept of crowdfunding. The construction of a project requires analysis to determine the feasibility of the project. Method of research is quantitative by calculating financial feasibility. UISI has a land area of 3.8 hectares located on Campus of C UISI. This land is an ex-clay mining land of Semen Indonesia Company. Total investment and capital funding amount to Rp 100,000,000. The investment return period is 2 years. Based on the profit and loss calculation, it can be considered that capital and investment will return in the 6th month of the 1st year. In the 1st year the IRR obtained was 19%, whereas until the end of the second year the IRR was obtained by 42%. A significant difference occurred because in the second year Belimbing Tasikmadu, and Jambu Kristal fruit could already be harvested for commercial purpose. ]]>
<![CDATA[POTENSI DAN REALISASI DANA ZAKAT INDONESIA ]]>
<![CDATA[Canggih, Clarashinta]]>;
<![CDATA[Fikriyah, Khusnul]]>;
<![CDATA[Yasin, Ach.]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 1, No 1 (2017): Januari ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (378.942 KB)
|
DOI: 10.26740/al-uqud.v1n1.p14-26
<![CDATA[This paper aims to find out illustration and estimation of zakat potency as well as the amount of zakat collection in Indonesia. Furthermore, it aims to outline the diversity between potency and realization of zakat. It used quantitative descriptive approach through secondary data collection from several sources. The result shows both potency and realization of zakat collection in Indonesia were increasing during 2011-2015. However, the amount of zakat potency surpasses the amount of zakat realization with wide gap.It shows that the average amount of zakat collection on 2011-2015 is less than 1% compare to its potency. One of the possible reason is most of Indonesian prefer to distribute their zakat directly to the muzakki, hence it is unrecorded.]]>
<![CDATA[The Synergy Model for Strengthening the Productivity of Indonesian Halal Industry ]]>
<![CDATA[Yudha, Ana Toni Roby Candra]]>;
<![CDATA[Pauzi, Nasif Sidquee]]>;
<![CDATA[Mohd Azli, Rafidah binti]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 4, No 2 (2020): July ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (360.699 KB)
|
DOI: 10.26740/al-uqud.v4n2.p186-199
<![CDATA[Halal industry has become a new commodity that is favoured by all countries around the world, including Indonesia. The main challenge of halal industry development is strengthening its position as a producer in the global halal industry market. This study aims to investigate the number of policy proposals relating to strengthening the productivity of the halal industry in Indonesia and then develop a model of synergy over this matter. This study uses a qualitative study approach, with literature review, observation and interview as data collection methods. The results obtained from this study include several things, specifically; the focus of economic development in Indonesia is fundamentally still focused on the processed industry, which incidentally is dominated by imported raw materials. Based on the results of the analysis of the discussion, the implications of these studies is providing input for authorities such as BPJH, MUI and related ministries to adjust the regulation that address the main business challenge of halal industry. Besides, the government should give special authority to state-owned and private sharia banks to finance the halal industries and agricultural to support their sustainable development.]]>
<![CDATA[The Influence of Muslim Batik Entrepreneurs' Financial Literacy of The Banking Sector on Productivity ]]>
<![CDATA[Sakti, Norida Canda]]>;
<![CDATA[Legowo, Martinus]]>;
<![CDATA[Rinawati, Herrukmi Septa]]>;
<![CDATA[Sadewo, FX Sri]]>;
<![CDATA[Harianto, Sugeng]]>;
<![CDATA[Utami, Diyah]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 5, No 1 (2021): January ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (7.042 KB)
|
DOI: 10.26740/al-uqud.v5n1.p60-75
<![CDATA[The batik business in the Islamic community of the North coast of East Java is categorized as a micro and small business. One of the main problems of the business is capital adequacy. Capital adequacy is one instrument to run and increase productivity. Although the government has provided soft capital loans through banking instruments and rural development program, not all micro and small businesses are willing and able to access it. It is heavily relied on the entrepreneurs' financial literacy on banking sector and their willingness to use banking access. The survey results show that there are variations of the financial literacy level of batik entrepreneurs on banking sector. Batik entrepreneur who have high financial literacy were motivated to access the bank financiang service and improve its productivity.Education and location play a significant role to financial literacy on banking sector.]]>
<![CDATA[THE EFFICIENCY OF ZAKAT COLLECTION AND DISTRIBUTION: EVIDENCE FROM DATA ENVELOPMENT ANALYSIS ]]>
<![CDATA[Ardiani, Ninda]]>
<![CDATA[ al-Uqud : Journal of Islamic Economics Vol 3, No 1 (2019): January ]]>
Publisher : <![CDATA[Universitas Negeri Surabaya ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (612.734 KB)
|
DOI: 10.26740/al-uqud.v3n1.p54-69
<![CDATA[The purpose of this study is to see the efficiency of the national zakat institutions in the collection of funds and distribution. Dompet Dhuafa is one of the national zakat institutions which has branch office spread in Indonesia. The problem is how efficient is the institution of zakat when collecting zakat funds and channeling it. This research uses Data Envelopment Analysis (DEA) method with two test that is test for zakat fund and test to non-zakat fund. Input variables consist of receipts obtained by zakat institutions, while the output variables consist of expenditures for 8 asnaf and other expenditures. Data taken from Dompet Dhuafa financial statements from 2011 to 2015. The results of this study addressed in 2011, 2014 and 2015 Dompet Dhuafa in collecting and disbursing zakat funds and non-zakat funds have been efficient. Inefficiencies that occur in the year 2012 and 2013 due to not optimal channeling of funds from Dompet Dhuafa.]]>
