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AFEBI Islamic Finance and Economic Review
Published by Asosiasi Fakultas Ekonomi dan Bisnis Indonesia
ISSN : 25485288     EISSN : 25485296     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
AFEBI Islamic Finance And Economic Review (AIFER) is an academic journal which is published twice a year (June and December) by The Association of The Faculty of Economics and Business Indonesia. AIFER is aimed as an outlet for theoretical and empirical research in the field of Islamic Finance and Economics and to disseminate the information of the Islamic Finance and Economics research was conducted by members of AFEBI in particular and researchers in general to the academics, practitioners, students, and others who interested in Islamic Finance and Economics research.
Arjuna Subject : -
Articles 84 Documents
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The Effect of Public Sector Employment on Corruption Gideon Nginyu, Giyoh
AFEBI Islamic Finance and Economic Review Vol. 8 No. 1 (2023)
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

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Abstract

While the effect and determinants of corruption is well discussed in the literature, less attention has been given to how public sector employment affect corruption. The purpose of this paper is investigate the effect of public sector employment on corruption. Using data from 45 countries covering from 2002 through 2007, we employed Ordinary List Square (OLS) estimation technique to estimate the baseline model where we included both the linear and quadratic term of public sector employment to take of the non-linear relationship while adding a set of control variables. Our results suggest that public sector employment has a positive effect to control of corruption and beyond a particular threshold it turns to be a source of corruption. The results are robust even when we correct for endogeneity by using a static system-GMM technique of estimation. This means that governments should only employ a limited number of people which can permit her to render the basic functions of the state and make its economy more private sector oriented so as to scare away from corrupt practices.
Effectiveness of Indonesian Islamic Philanthropy E-payment: A Netnographic Study Ma'ruf, Aminudin; Mellinia, Rashifahunnisa'
AFEBI Islamic Finance and Economic Review Vol. 8 No. 1 (2023)
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

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Abstract

The best achievement of zakat institutions in fulfilling their duties as an organization is strongly influenced by several strategies for utilizing the latest technology. Electronic payment (e-payment) plays an important role in accelerating any institutional transaction. As we all know, there are various electronic payment systems that facilitate online buying and selling transactions. This study aims to determine the effectiveness of zakat payment services through the Cinta Zakat application owned by the National Amil Zakat Agency (BAZNAS), this study uses a netnography method to analyze application user reviews through the Google Play store platform. Netnography is used to understand social interaction in the context of contemporary digital communication. The results of this study showed an analysis based on 69 user reviews of the Cinta Zakat application, including analysis of positive reviews, negative reviews, then comparison of reviews for effectiveness analysis. The percentage of 26.09% of positive reviews was shown by the aspect of ease of zakat payments through the application that users disclosed. Meanwhile, as many as 1.45% of the negative reviews were indicated by the aspects of login problems and OTP error codes. The paper is hoped to become one of the references in the field of information technology and measuring the performance of zakat workers institutions, through social media interactions.
Productive Waqf Management Model in Griya Khadijah Airlangga University Putri, Hamilatul Hasanah; Sukmana, Raditya; Ratnasari, Ririn Tri
AFEBI Islamic Finance and Economic Review Vol. 8 No. 1 (2023)
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

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Abstract

Griya Khadijah is the Rumah Wakaf Amerta Program managed productively by Nazhir Airlangga University in collaboration with Centre for Social Fund Management Airlangga University or PUSPAS UNAIR. By using a qualitative approach with the case study method, through interviews, observation, and documentation, it was found that the Griya Khadijah development management scheme came from temporary waqf assets in the form of buildings, cash waqf, and mudharabah contract which was carried out together with PUSPAS UNAIR and the results of the management of Griya Khadijah were distributed to the UNAIR academic community through the D'Amerta PUSPAS UNAIR distribution program. This scheme benefits many parties, such as scholarship recipients, wakifs, nazhirs, PUSPAS institutions, and the UNAIR academic community. Keywords: Productive Waqf, University Waqf’s Program
Do Cause-Related Marketing Affect Purchase Intention and Brand Loyalty of Muslim Consumers on Halal Foods? Timur, Yan Putra; Sari, Dyah Permata
AFEBI Islamic Finance and Economic Review Vol. 8 No. 1 (2023)
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

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Abstract

The objective of this study is to examine the impact of Cause-Related Marketing (CRM) strategy on the Consumer Purchase Intention (CPI) and Brand Loyalty (BL) of Muslim customers towards halal food products. The researchers utilised religiosity (RG) variable to investigate the moderating impact on factors associated with Muslim customers' marketing and purchasing intentions towards halal food. This research employs a quantitative approach, utilising the PLS-SEM evaluation model. The sample consisted of 200 individuals who identified as Muslim and were between the ages of 17 and 65. The study findings revealed that CRM had a positive and significant effect on both CPI and BL towards halal food products. In addition, the variable of BL significantly and positively affects the CPI of halal food. The researchers discovered varying outcomes for the RG variable. It was observed to have a positive moderating impact on the relationship between CRM and CPI, although this effect was not statistically significant. CRM Strategy is a strategic approach that yields favourable outcomes and advantages for consumers, companies, and receivers of donations. However, marketers must be attentive to the execution of CRM strategy. Several research have discovered that implementing this method leads to negative consequences, including increased scepticism and less warm glow effect among participating consumers. Keywords: Cause-Related Marketing, Consumer Purchase Intention, Halal Food, Brand Loyalty, Religiousity.

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