Jurnal Ekonomi & Keuangan Islam
AIMS
Jurnal Ekonomi dan Keuangan Islam (JEKI) covers in detail a large number of topics related to Islamic Economics and Islamic Finance, comprising the latest empirical studies, country-specific studies, policy evaluations on Islamic economics and comparative international Islamic finance. This journal provides a forum for scientific exchange for academicians, practitioners, keen observers, and independent researchers, by publishing high-quality theoretical, empirical, and policy contributions.
SCOPE
Jurnal Ekonomi dan Keuangan Islam (JEKI) promotes the exchange of ideas and information among researchers around the world and strives to keep the economists updated on the latest research related to Islamic economics and Islamic finance. Scientists with an interest in Islamic economics and Islamic finance may rely on this journal as one of their essential sources.
Articles
171 Documents
<![CDATA[The role of macroeconomic variables on Islamic stocks for achieving SDGs in Indonesia ]]>
<![CDATA[Dina Yustisi Yurista]]>;
<![CDATA[Rosida Dwi Ayuningtyas]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 5 No. 2, July 2019 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/jeki.vol5.iss2.art7
<![CDATA[This paper aims to analyse macro-economic variables such as industrial production index (IPI), exchange rate, gross domestic product (GDP), and inflation which can affect the movement of Islamic stocks price in order to contribute the sustainable development goals in Indonesia. The methodology of this study is quantitative approach with Error Correction Model (ECM). The data is obtained from Bank Indonesia, Central bureau of statistics Indonesia and Indonesia Stock Exchange during period January 2013 to December 2018 quarterly. The findings showed that IPI has positive effect, while the exchange rate has a negative effect on Islamic stock price. Also GDP and inflation variables has negative in some companies and positive effect in other companies.]]>
<![CDATA[Determinants of intention to use Islamic mobile banking: Evidence from millennial generation ]]>
<![CDATA[Muamar Nur Kholid]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 5 No. 2, July 2019 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/jeki.vol5.iss2.art2
<![CDATA[This research aims to identify factors affecting the intention of millennial customers to use the Islamic Mobile Banking (IMB). This research applies the Unified Theory of Acceptance and Use of Technology (UTAUT) with two additional variables namely perceived risk and perceived financial cost. The data of the research are from 142 respondents of the millennial generation. The research uses SmartPLS 2.0. The results reveal that the perceived risk and perceived financial cost significantly and negatively affect the intention to use the IMB. Meanwhile, the performance expectancy and effort expectancy significantly and positively affect the intention to use the IMB. The other two variables namely social influence and facilitating condition do not show any significant effect on the intention to use the IMB. Furthermore, this research discusses the impact of the results of the research, both in the theoretical and practical contexts.]]>
<![CDATA[Determinant factor influencing financial performance LQ45 corporation ]]>
<![CDATA[Neni Meidawati]]>;
<![CDATA[Reny Lia Riantika]]>;
<![CDATA[Reiga Farah Amalia]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 6 No. 1, January 2020 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/JEKI.vol6.iss1.art5
<![CDATA[The aim of this research is analyzing factors which influence corporation performance in Sharia-based firms by using independent variables, such as Corporate Social Responsibility Disclosure and Indonesia Sharia Stock Index (ISSI) Listing, and Corporation Financial Performance as dependent variable. Data which being used was secondary data consisting CSR disclosure information from annual financial report from the listed corporation in LQ45 Index and Indonesia Sharia Stock Index (ISSI) within the period of 2016-2018. Data analysis used Multiple Linear Regression. The result of this research showed that Corporate Social Responsibility and Indonesia Sharia Stock Index (ISSI) Listing’s disclosure had negative effect towards Corporation Financial Performance.]]>
<![CDATA[A comparison of non-financial performance and earnings quality between QIIB and BIB ]]>
<![CDATA[Yunice Karina Tumewang]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 5 No. 1, January 2019 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/jeki.vol5.iss1.art4
<![CDATA[This study aims to evaluate and compare the non-financial performance and earnings quality of Islamic Banks in two different counties complying two different accounting standards, namely Qatar International Islamic Bank (QIIB) and Bahrain Islamic Bank (BIB). This study used a quantitative method with secondary data from the annual report of QIIB and BIB. This study sheds light on the financial and non-financial performance of QIIB and BIB as well as the difference between them. It provides a picture for the Islamic Finance industry regarding the performance of these two banks and what the implication of adopting different accounting standard on this case. Additionally, it helps to raise the awareness of society about the existence of Islamic banks and how well they have performed. As far as we are concerned, there is only small number of research on finding the significance of accounting standard adoption toward the performance of Islamic banks, although the urgency is increasingly growing for better convergence and significant development of Islamic banks. This work is an attempt to fill in this gap.]]>
<![CDATA[The effect of distributive justice on intention to pay zakat through zakat institutions using affective and cognitive trust as intervening variables ]]>
<![CDATA[Arsyad Abror]]>;
<![CDATA[Ataina Hudayati]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 6 No. 1, January 2020 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/JEKI.vol6.iss1.art3
<![CDATA[The purpose of this study was to examine the effect of distributive justice on the intention to pay zakat through Zakat Institutions (ZIs), using affective trust and cognitive trust as intervening variables. Data collection techniques through the distribution of questionnaires to 272 Muslims in Yogyakarta. Data analysis using Structural Equation Modeling (SEM) with SmartPLS software version 3.2. The findings show that the distributive justice has a positive effect on intention to pay zakat through ZIs, as well as has a positive effect on affective and cognitive trust. In addition, affective and cognitive trust has a positive effect on intention to pay zakat through ZIs. The results of the study also show that affective and cognitive trust are intervening variables on the relationship between distributive justice and the intention to pay zakat through ZIs.]]>
<![CDATA[Financial inequality nexus and Islamic banking ]]>
<![CDATA[Diyah Putriani]]>;
<![CDATA[Prastowo Prastowo]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 5 No. 2, July 2019 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/jeki.vol5.iss2.art1
<![CDATA[This research aims to investigate the role of Islamic banking on income inequality reduction. The data of this research spans from 2010 to 2015 and investigate 49 Islamic banks from 13 selected countries. This study employs Panel data EGLS. To compare with other macroeconomic variable, this research involves GDP Per capita, and inflation as control variable. The estimation result shows that financial depth measured by total customer deposit to GDP ratio has negative relationship with income inequality. It perhaps occurs when there is an increase in income, customers prefer to save their additional income in Islamic banks. As customers increase their deposits, Islamic banks enlarge its financing on the prospect entrepreneurs. These entrepreneurs, afterwards, may expand their business and create new jobs. More new jobs offer means more people get stable income and as a result may reduce income inequality in the society. ]]>
<![CDATA[Profit efficiency development of Islamic Banking using the stochastic frontier approach ]]>
<![CDATA[Zubaidah Nasution]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 6 No. 1, January 2020 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/JEKI.vol6.iss1.art6
<![CDATA[This study aims to analyze the efficiency of Islamic banking with a stochastic frontier analysis (SFA) on 10 Islamic banks from 2011 to 2018. The research variables consist of input variables total profits, third party funds and personnel expenses and output variable total financing and murabahah receivables. This research method uses SFA to measure the efficiency of Islamic banks and the influence between variables. The results of this study indicate the average efficiency of Islamic banks has not reached 100% or at 82.24%. Variable third party funds, personnel expenses have a positive effect on total profits while total financing and murabahah receivables have a negative effect on total profits.]]>
<![CDATA[Ensuring the determinant of waqf in Indonesia: Does religiosity matter? ]]>
<![CDATA[Achmad Nurdany]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 5 No. 1, January 2019 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/jeki.vol5.iss1.art3
<![CDATA[This paper examines the determinant of waqf (Islamic Endowment) in form of land in Indonesia. The study used cross-section data analysis from 33 Provinces provided by Ministry of Religious Affairs Republic of Indonesia in 2016. This paper proposed a model and developed a hypothesis that the total number of land waqf in Indonesia will be determined by the ratio of Muslims to total population, the number of mosques and the number of clerics. The results showed that the impact toward waqf varies among independent variables. The ratio of Muslims does not have any relation to the waqf even though the regression coefficient is positive. The number of mosques has a negative impact, while the positive relationship only found in the number of clerics. For that reason, some policy recommendations are also discussed.]]>
<![CDATA[Trust towards zakat institutions among muslims business owners ]]>
<![CDATA[Muhammad Ridhwan AB. Aziz]]>;
<![CDATA[Nur Aqilah Hazirah Mohd Anim]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 6 No. 1, January 2020 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/JEKI.vol6.iss1.art1
<![CDATA[This study aims to examine the antecedents of zakat payers’ trust among Muslim business owners in Negeri Sembilan, Malaysia to make direct payment of zakat through zakat institutions. Three factors were proposed, which are board capital composition, disclosure practice and stakeholder management. This research is a quantitative research whereby 97 questionnaires among business owners in the sector of food and beverages were collected and analysed using multiple regression analysis. The finding revealed that disclosure practice and stakeholder management have a significant relationship with trust. This indicates that zakat institutions are urged to be transparent in their management especially in terms of financial disclosure to their stakeholder. This study helps in ensuring optimal proficiency of zakat institutions and maximization of zakat benefit to the widest possible range of eligible recipients.]]>
<![CDATA[What is Islamic economics? The view of Muhammad Baqir al-Sadr ]]>
<![CDATA[Hafas Furqani]]>
<![CDATA[ Jurnal Ekonomi & Keuangan Islam Volume 5 No. 2, July 2019 ]]>
Publisher : <![CDATA[Faculty of Economics, Universitas Islam Indonesia ]]>
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DOI: 10.20885/jeki.vol5.iss2.art3
<![CDATA[Muhammad Baqir al-Sadr (1935-1980) is a well-known Muslim scholar of the late twentieth century. Al-Sadr is considered as one of the pioneers of Islamic revival in the contemporary Muslim world. His keen intellectual interests inspired him to critically study a wide range of areas in contemporary philosophy, economics, politics, sociology, history and law, from a distinct Islamic point of view. Al-Sadr’s magnum opus on economics, Iqtisaduna (Our Economics) has put his name as one of the pioneers of contemporary Islamic economics. His work, in various degrees has influenced the formation and development of Islamic economics as a system and as a body of knowledge. This paper attempts to investigate some aspects of al-Sadr’s economic thought by focusing on his view on the nature, subject matter and methodology of Islamic economics, areas that have not received sufficient attention by contemporary Islamic economists.]]>
