cover
Contact Name
Riduan Mas'ud
Contact Email
riduanmasud@uinmataram.ac.id
Phone
+6281252641594
Journal Mail Official
shirkahiainsurakarta@gmail.com
Editorial Address
Institut Agama Islam Negeri Surakarta, Indonesia Jln. Pandawa No. 1, Pucangan, Kartasura, Central Java, Indonesia, 57168
Location
Kota surakarta,
Jawa tengah
INDONESIA
Shirkah: Journal of Economics and Business
ISSN : 2504235     EISSN : 25034243     DOI : 10.22515/shirkah.v7i1.403
Core Subject : Economy,
Syirkah: Jurnal Ekonomi dan Bisnis adalah jurnal peer-review yang diterbitkan tiga kali setahun (April, Agustus, dan Desember) oleh Fakultas Ekonomi Islam dan Bisnis Institut Agama Islam Negeri (IAIN) Surakarta Jawa Tengah Indonesia bekerja sama dengan Perhimpunan Indonesia Ekonom Islam (lihat naskah MoU ). Jurnal ini dimaksudkan untuk menjadi platform diseminasi artikel yang melaporkan hasil penyelidikan ilmiah tentang Ekonomi dan Bisnis Islam. Jurnal ini memfokuskan pembahasannya pada bidang keuangan Islam, filantropi Islam, pemikiran ekonomi Islam, dan pemasaran Islam (lihat Fokus & Ruang Lingkup ).
Articles 9 Documents
Search results for , issue "Vol. 10 No. 1 (2025)" : 9 Documents clear
Israel-Palestine Conflict: Tracking Global Economic Responses and Fears Rusanti, Ega; Isman, Ainul Fatha; Nashrullah, Nashrullah; Mansyur, Abdurrahman; Elzaanin, Amina A.A
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.718

Abstract

Studying the Israeli-Palestinian conflict is crucial for understanding the global economy, as it significantly influences the economic policies of various countries in anticipation of impacts and challenges. This study analyzes the global economic response and fear of the Israeli-Palestinian conflict. The research method used was descriptive qualitative with a phenomenological approach. The data source is 60 selected news articles from trusted online news platforms that present expert opinions regarding the economic impact of the Israeli-Palestinian conflict. The analysis was carried out using NVivo 12 software. The research found that the world's response and fear are focused on the energy market, particularly regarding price increases, oil and gas import and export, and concerns about a potential oil embargo. The second major issue discussed is political tensions among GCC member countries, which affect the investment climate, including money and capital markets. The conflict is also expected to slow economic growth and recovery after the COVID-19 pandemic, involving major countries, such as the United States, various Asian nations, and several European countries. This study contributes to the economic literature and international relations by offering new insights into how regional conflicts impact global economic dynamics. This provides a foundational basis for stakeholders to develop strategic economic policies in response to the conditions arising from the conflict.
The Antecedents of Muslim Tourists' Revisit Intention: The Mediating Role of Visitor Satisfaction Habibi, Faisol; Supriani, Indri; Tumewang, Yunice Karina
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.731

Abstract

This study aims to investigate the key antecedents influencing the revisit intentions of Muslim tourists to Batu City, East Java, Indonesia. Specifically, the research examines the impact of destination image, service quality, availability of halal facilities, and visitor income on the propensity to revisit, with visitor satisfaction introduced as an intervening variable. Utilizing 209 samples, the data is analyzed through Structural Equation Modeling-Partial Least Squares (SEM-PLS) to assess the direct and indirect relationships between the variables. The results demonstrate that destination image exerts a significant and positive effect on Muslim tourists' intention to revisit Batu City, while service quality, halal facilities, and visitor income show no statistically significant direct impact. However, all four factors—destination image, service quality, halal facilities, and visitor income collectively enhance visitor satisfaction, which in turn mediates their indirect influence on revisit intentions. This research offers valuable insights for local governments, tourism stakeholders, and academic circles by identifying factors crucial for improving the Muslim visitor experience. The findings have practical implications for enhancing the attractiveness of Batu City as a tourism destination, ultimately contributing to increased visitation rates among Muslim tourists.
The Role of Green Human Resource Management on Employee Behavior and Corporate Environmental Performance in Indonesian Sharia Banks Susanto, Rosya Mawaddah; Siswanto, Siswanto; Rahayu, Yayuk Sri
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.687

Abstract

The growing number of companies focusing on environmental preservation and the limited literature on green human resource management in the Islamic banking industry make this an intriguing topic for deeper research. This study explored the impact of environmental green human resource management on environmental engagement and corporate environmental performance in the Sharia banking industry. This investigation also explores the mediating effect of Green Organizational Culture on the relationship between Green Human Resource Management and both environmental engagement and corporate environmental performance. Using quantitative methods, Smart-PLS analysis was used to perform structural equation modeling (SEM). A total of 116 data respondents were selected using random sampling from Sharia banking employees in East Java, Indonesia. The results showed that Green Organizational Culture has a positive impact on environmental engagement and corporate environmental performance. Green Organizational Culture fully mediates the impact of Green Human Resource Management on environmental engagement and corporate environmental performance. The implications of this study suggest that companies should embed environmentally friendly values into their vision and mission and cultivate an organizational culture that embodies these values.
Liquidity and Firm Market Value: The Moderating Role of Firm Size Ishak, Khodijah; Selamat, Muhammad Isa
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.755

Abstract

A strong market valuation signals robust future growth prospects, attracting capital investment as investors perceive potential for returns. Conversely, a declining market value may indicate underlying management inefficiencies, deterring investor confidence. This study investigates the impact of liquidity ratios on firm market value, with particular emphasis on the moderating role of firm size in this relationship. Utilizing a sample of non-financial firms listed on the Indonesia Stock Exchange from 2016 to 2022, this research applies panel data analysis through the Ordinary Least Squares (OLS) method to test the proposed hypotheses. The findings reveal that liquidity ratios—specifically the current ratio, quick ratio, and cash ratio—negatively affect firm market value. Moreover, the results suggest that firm size significantly moderates the relationship between liquidity ratios and market value. This study enriches the literature by providing nuanced insights into the optimal management of corporate liquidity to enhance firm market value. From a practical standpoint, the research offers valuable implications for managerial decision-making, particularly in crafting debt and asset management strategies that influence firm valuation.
Purchase Decisions among Non-Muslim: The Role of Islamic Branding, Product Ingredients, and Islamic Social Environment Anggraeni, Erike; Normasyhuri, Khavid; Wisnu Kusuma, Tri Atmaja Pramudita
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.597

Abstract

The influence of acculturation on non-Muslims’ purchase decisions remains an unanswered question. Thus, the impact of the Islamic environment on non-Muslim purchase decisions requires further exploration. This study examines how Islamic branding and product ingredients affect purchase decisions and whether the Islamic social environment can strengthen or weaken this relationship for non-Muslim consumers. This study employed a quantitative approach using SmartPLS 3.0. Data were collected from 500 non-Muslim respondents using purposive sampling. The results indicate that both Islamic branding and product ingredients significantly influence non-Muslim purchase decisions, highlighting the growing importance of ethical and cultural considerations in consumer behavior. Moreover, the Islamic social environment plays a crucial role in moderating this relationship, further strengthening the impact of Islamic branding and product ingredients on purchase decisions. These findings suggest that non-Muslim consumers are not only responsive to the intrinsic qualities of products but are also influenced by the broader Islamic social context in which these products are marketed. This offers valuable insights for the government and companies in developing effective strategies to market Indonesian halal meat products to non-Muslim consumers globally. A deeper understanding of non-Muslim purchasing behavior can enhance their position in the halal industry.
Does Digital Technology Boost Intention to Pay Zakat? Integration of UTAUT 2 and Initial Trust Jaenudin, M; Timur, Yan Putra; Basit, Abdul; Ratnasari, Ririn Tri; Setiawati, Ririt Iriani Sri
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.618

Abstract

Digital technology is key to increasing donor intentions to contribute to Zakat, Infaq, and Sadaqah (ZIS). This study identified the factors influencing and dominating donors in making digital payments for ZIS. Combining UTAUT 2 and the initial trust model, this study analyzed data from an online survey involving 103 donors from various provinces in Indonesia. The study includes donors who have paid or intend to pay the ZIS digitally. The results of the analysis using the partial least squares structural equation model (PLS-SEM) indicated that performance expectancy had no significant effect on initial trust and behavioral intention. Likewise, facilitating conditions did not significantly affect initial trust. On the other hand, hedonic motivation positively and significantly affects initial trust and behavioral intention, while initial trust affects behavioral intention. This study suggests that zakat institutions must ensure that their systems offer user satisfaction, initial trust, and facilitating conditions, such as reliable networks and security.
Abusive Leadership and Organizational Citizenship Behavior among Sharia Bank Employees: The Moderating Role of Handarbeni Cahyono, Edi; Widarjo, Wahyu; Fenitra, Rakotoarisoa Maminirina
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.638

Abstract

The unresolved link between abusive leadership and Organizational Citizenship Behavior (OCB) can be clarified through handarbeni, an attitude of empathy and a sense of belonging to one's organization. This study   aims to explain the relationship between abusive leadership and employees' OCB while proposing an alternative model that conceptualizes handarbeni as a moderating variable to clarify this connection. The study involved 250 employees from Sharia Banks in Surakarta, Indonesia, selected through purposive sampling. Data were collected using both direct and online questionnaires through Google Forms. Multiple linear regression analysis was employed to examine the impact of independent variables on   dependent variables, while Moderated Regression Analysis (MRA) was utilized   to assess the moderating effect using SPSS version 26 software. This study revealed a negative and significant correlation between abusive leadership and employees' OCB. Additionally, the study found that handarbeni   moderated the relationship between abusive leadership and employees' OCB. The findings indicate that employees with varying levels of a sense of belonging exhibited different behavioral patterns when subjected to abusive treatment from their superiors. The results suggest that leaders must minimize abusive behavior to enhance employees’ OCB. Furthermore, company leaders should   provide stimuli to foster a strong sense of handarbeni among their employees.
Impact of Islamic Marketing Strategies on Firm Performance: Evidence from Jaiz Bank, Plc. Nigeria Mustapha, Ismaila Yusuf; AbdulQuadri, Abdulazeez Olamide
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.670

Abstract

The global business landscape has recently observed a notable increase in the adoption of specialized marketing strategies tailored to align with cultural, religious, and ethical principles. One prominent example of such a strategy is Islamic marketing, which caters to Muslim consumers' preferences and needs while upholding Islamic finance tenets. This study investigates the impact of Islamic marketing strategies on firm performance, focusing on Jaiz Bank, Nigeria's leading non-interest bank. Using a quantitative approach, this study analyzed secondary data from annual reports over a ten-year period (2012–2021) and apply linear regression to examine the relationship between Islamic marketing practices and key financial metrics: return on assets (ROA), dividend yields, and earnings per share (EPS). Results reveal a statistically significant impact of Islamic marketing on EPS, while its influence on dividend yields is limited, and its effect on ROA is not statistically significant. These findings suggest that while Islamic marketing strategies can enhance certain financial outcomes, they may require refinement or supplementation to drive comprehensive firm performance. This study contributes to the emerging field of Islamic marketing by offering empirical insights into its financial impacts, with implications for strategic development in Islamic financial institutions.
Revisiting the Nexus among Bank Specific Factors, Macroeconomic Factors, and Islamic Banking Performance: Three Measurement Models Razali, Razali; Haryono, Slamet; Abdou, Ousmane Salifou; Jailani, Munawar Rizki; Imamuddin, Imamuddin
Shirkah: Journal of Economics and Business Vol. 10 No. 1 (2025)
Publisher : UIN Raden Mas Said

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v10i1.748

Abstract

Much of the research on Islamic banking performance relies on conventional metrics rather than Islamic metrics, warranting further exploration. This study provides an empirical analysis of bank-specific and macroeconomic factors on Islamic banking performance from 2016 to 2024 using three measurement models. Monthly data were processed using the ARDL approach and revealed that capital adequacy influences Islamic banking performance in the short term, but has no effect in the long term. Liquidity has an effect only in the long term. Financing Outstanding has a negative effect in the short and long term, while diversification has an effect in the short term but no effect in the long term. Bank size affects performance in the short term, but not in the long term, while macroeconomic factors show an inconsistent relationship. In the IPR model, inflation and exchange rates have no impact in either the short or long term. However, in the ROA and NOM models, these factors affect the long term, but not the short term. This study suggests that banks need to pay attention to financing and exchange rate risks, including the implementation of a strong risk-management system.

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