Iqtishoduna: Jurnal Ekonomi Islam
The focus of the Journal of Syari'ah Economics and Islamic Business all aspects of scientific discussions about Islamic Economics, Syari'ah Banking and Islamic Economic Management ideas covering: 1) research article, 2) conceptual idea, 3) review of the literature, and 4) practical experience.
Articles
11 Documents
Search results for
, issue
"Vol. 11 No. 2 (2022): October"
:
11 Documents
clear
Risk Management Based on Islamic Boarding School
Ekaningsih, Lely Ana Ferawati;
Salim, Ubud;
Djumahir, Djumahir;
Indrawati, Nur Khusniyah;
Djakfar, Muhammad
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (297.041 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1462
Uncertainty is often associated with risk, in Islamic economics the concept of uncertainty becomes one of the important pillars in the Islamic risk management process. Nothing in this life is free from risks and facts in every organization and its activities. The purpose of this research is to reveal and explain in depth the implementation of Islamic boarding school risk management.The paradigm used is post-positivistic. This type of research uses case studies. The key informant is the manager of the pesantren. Data analysis was carried out by an interactive analysis of the model from Miles and Huberman. The application of risk management at the Manba'ul Ulum Islamic boarding school in Banyuwangi Regency from the results of the study stated that it was very beneficial/positive, as evidenced by the increase in the number of students studying at the pesantren after experiencing the pandemic period from 2019. Islamic values frame Islamic boarding school risk management activities as a source of inspiration and aspirations. Has been applied by the predecessors and is a character that shapes the santri so that they are not shaken under any conditions, besides that it is also sourced from the Islamic values of the Qur'an and hadith as principles, then the educational curriculum is sourced from the book of ridhotun nashihin or akhlaq.
Does Model of Company's added value for Strategy Increasing Stock Prices: Study in Indonesia
Sriyono Sriyono;
Yulva Maulit Diana
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (316.685 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1577
The emergence of the phenomenon of Efficient Market Hypothesis and Theory Overreaction Hypothesis makes it difficult for investors to understand the rise in stock prices. Therefore, additional information is needed on what variables cause changes in stock prices. Research on stock prices has been done by many researchers before, however there is no research that examines by model of value added through panel data model estimation approach. We consider three value-added models that encompass most commonly estimated specifications. The purpose of the study was to find out if the value-added model was capable of increasing stock prices. The population used in this study is a construction company listed on the Indonesian stock exchange. The sampling technique used is purposive sampling, and the number of samples used is 60. The analytical method used is multiple linear regression analysis. The conclusion obtained from this study is that Economic Value Added has a significant negative effect on stock prices. Market Value Added, and Financial Value Added has a significant positive impact on stock prices. The contribution of this research is very large for investors, because the results of this study can be used as a guideline for investors to understand the increase in stock prices.
The Readiness of The Measuring Model of Infrastructure Provisioning Under Sharia Public-Private Partnerships Financing Scheme
Santoso, Sugeng;
Siswanti, Indra;
Nurhidajat, R.;
Isa, Salmi Mohd;
Marfatah, Muhammad Ramadhani
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : LPPM, Universitas Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (405.826 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1656
Meeting the demands of infrastructure development is reliant on contributions from different parties, including government bodies and businesses. To fulfill this crucial goal, a financing scheme needs to be established, promoting collaboration among these stakeholders. This scheme enables effective contributions from both government and business entities. As the most populous Muslim country in the world, Indonesia is undergoing rapid advancements within the halal value chain, which includes the initiation of infrastructure provisioning through the Sharia-compliant Public-Private Partnerships (PPP) financing scheme. Therefore, this research assessed the Innovation Readiness Level (IRL) and Technology Readiness Level (TRL). Employing a participatory approach through Focus Group Discussions (FGD), stakeholder dialogues were conducted to explore transportation infrastructure financing under the Sharia PPP scheme. The analysis gauged readiness levels using self-assessment for IRL and TRL, subsequently corroborated by respondents to ascertain their preparedness. This research yielded an analytical model to measure infrastructure financing readiness under the Sharia PPP scheme. The results indicated IRL 1, accompanied by a TRL 3. This showed the necessity of refining the readiness assessment model to enhance stakeholder comprehension of associated advantages. Ideally, IRL could be raised beyond 1, and achieving Katsinov 3 alongside TRL levels of 8 or 9 would greatly instill confidence among relevant stakeholders considering the adoption of the Sharia PPP financing scheme.
Marketing Strategy of Shrimp Crackers Reviewed From Sharia Marketing
Naning Fatmawatie;
Nilna Fauza;
Sri Anugerah Natalina
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (302.234 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1714
Activities in the marketing strategy include comprehensive and interrelated planning in the marketing aspect, which provides instructions for the activities to be carried out in order to achieve the marketing objectives of a particular company. Sharia marketing is a business activity that uses a marketing strategy based on business values contained in the Quran and Hadith. The purpose of this study was to determine the marketing strategy and marketing strategy of prawn crackers in terms of sharia marketing. This study uses a descriptive qualitative approach with data collection techniques in the form of interviews, observations, and documentation. The data analysis technique used is descriptive analysis method. The results of this study indicate that: The marketing strategy of UD. Devi Putri by applying the marketing mix. Even though in marketing it still uses traditional or face to face promotions. In addition, it also promotes it through the existing packaging wrapped in prawn crackers at UD. Devi Putri, namely No Hp, P-IRT and halal certificate from MUI. UD. Devi Putri was able to synergize the sharia marketing perspective analyzed using the marketing mix and sharia characteristics, namely theistic (rabbaniyah), ethical (akhlaqiyyah), realistic (al-waqi'iyah) and humanistic (al-insaniyyah).
Financial Technology-Based Sharia Cooperatives Development Strategy in Indonesia
Nawir Yuslem;
Soemitra, Andri;
Barus, Elida Elfi
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : LPPM, Universitas Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (410.523 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1760
The economic development instruments normally used in Indonesia are the state, cooperatives, and private companies established for social welfare. Those related to Sharia are characterized by the presence of Sharia cooperatives which are observed to be growing rapidly despite several obstacles in terms of capital and innovation caused by the existence of financial technology (fintech). This phenomenon led to the conduct of this research to analyze development of a Sharia cooperatives financing model based on Islamic Fintech. The methodology applied was qualitative research using the ISM method. The participants include experts from AFSI, Fintech, Academia, the Office of Cooperatives and SMEs, OJK, KNEKS, and Sharia Cooperatives. The results showed nine elements used as the keyword to develop Sharia cooperatives as an economic development instrument for the MSMEs communities being assisted by unbankable cooperatives in Indonesia.
Management of Productive Zakat, Infaq, Shadaqah Funds Through Linkage Program In Covid-19 Pandemic Era
Gardina Aulin Nuha;
Norita Citra Yuliarti;
Yuli Nartati
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (275.829 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1835
Optimization of zakat collection will be achieved if zakat management organizations such as BAZNAS Regency need to improve the quality of zakat management by increasing the quality of services, transparency and accountability of financial reports. Distribution of zakat in the form of productive funds by BAZNAZ must be distributed quickly and accurately so that the community, especially those affected by the Covid-19 pandemic era, can be helped. Therefore, the management of zakat management organizations such as the Regency BAZNAS must be able to integrate, interact and innovate the management of zakat funds, productive infaq and shadaqah and program linkage with the government in the Covid-19 Pandemic Era in the Kab. Jember. The purpose of this study is to analyze the model of integration, interaction, innovation, and implementation of the management of zakat, infaq and productive shadaqah funds through linkage programs during the Covid-19 pandemic era. This study uses a quantitative approach (explanatory research) which is strengthened by qualitative (constructive research).
Halal Label Perception Towards Purchase Decision of Imported Processed Food Products for Muslim Generation Z
Nursyamsiah, Tita;
Syahida Rohmah, Naila;
Hasanah, Qoriatul
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : LPPM, Universitas Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (429.751 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1856
Indonesia is presently experiencing a growing influx of imported processed food products distributed within its borders. However, not all of these products are labeled, which has led to a situation where Muslim consumers must exercise increased caution during purchase to ensure their adherence to halal standards and suitability for consumption. This study examined the effect of religiosity, reference groups, income, lifestyle, and perception of halal label on the purchasing decision of Muslim. Data were collected from 100 respondents of Muslim Generation Z residing in Bogor Regency. Descriptive analysis methodology was employed, and the data was analyzed through the application of Structural Equation Modeling-Partial Least Square (SEM-PLS). The result showed that the reference group, income, lifestyle, and perception of halal label positively and significantly affected purchasing decision for imported processed food.
Determinant of Islamic Banks on the World Capital Structure
Wardana, Guntur Kusuma;
Noer Aisyah Barlian
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (305.278 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1874
Economic competition is increasing nationally and even globally. This encourages leaders of the banking industry to develop strategies, achieve the vision and mission, then make policies and activity programs that support banking achievements. Generally, there are various factors that can affect the capital structure; including bank size, profitability and asset growth. The purpose of the study is to determine the influence of bank size, profitability and asset growth on the capital structure of Islamic banking in the world partially and simultaneously. Sample of this studi is 18 Islamic banks in the world has gain by purposive sampling method. The results represent that bank size and asset growth had a significant positive effect on the capital structure. ROA had a significant negative effect on the capital structure then ROE and PER did not have a significant effect on the capital structure of Islamic banks in the world. Simultaneously, bank size, ROA, ROE, PER and asset growth have a significant effect on the capital structure of Islamic banks in the world.
Effect of Bank Indonesia Rate on Total Financing of The Islamic Banks for The 2014-2020 Period with Third-Party Funds as a Moderating Variable
Ridlwan, Ahmad Ajib;
Kumala, Firza Oktavia Nur
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : LPPM, Universitas Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (357.225 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1932
The growth of the Sharia economy in Indonesia is evident in the Global Islamic Economy Indicator ranking, however, the Islamic banks have not aligned with these progressive trends. To address this disparity, policymakers should prioritize the development of the Islamic finance industry as a means of stimulating economic growth. Recognizing the vital role of banking as a financial institution, it becomes essential to provide comprehensive support in advancing Islamic banks and facilitating the efficient movement of capital assets within small communities. Therefore, this study aimed to examine the effect of the Bank Indonesia (BI) Rate on the total financing of Islamic Commercial Banks for 2014-2021, with TPF as a moderating variable. Employing a quantitative method, the data approach involved analyzing the classical assumption test descriptively using secondary data from the BUS annual report published on the official website of the bank during the 2014-2015 period. The results showed that the BI Rate did not significantly affect the total financing of Islamic commercial banks. In contrast, third-party funds with the total financing of Islamic commercial banks indicated a significant relationship. The influence of the BI Rate on Islamic commercial bank financing was moderated by third-party funds.
Income of Micro, Small, And Medium Enterprises With The Presence of A Mini Market In Palopo City, Indonesia
Mujahidin Mujahidin;
Fasiha Fasiha;
Muh. Ruslan Abdullah;
Maya Praseta
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 2 (2022): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (286.757 KB)
|
DOI: 10.54471/iqtishoduna.v11i2.1940
This study Discusses the Income of Micro, Small, and Medium Enterprises before and after the presence of the Mini Market, this research aims to describe the income of micro, small and medium enterprises, the method used is a descriptive qualitative research method and the data sources used are primary data through field studies (field research) and secondary data through library research with data collection techniques through observation, interviews, and documentation, as for data analysis techniques through three stages, namely data reduction, data presentation, and conclusion drawing. Based on the results of research conducted that the income of UMKM after the presence of mini markets has decreased, it can be seen from 9 business actors, 7 of which experienced a decrease in income with an average decrease of 53.75% while 2 business actors experienced an increase in income with an average of 43.75%. for this reason, the solution provided by the government is that UMKM must improve the service and availability of merchandise, with efforts to provide business capital and increase the capacity of human resources for UMKM actors by holding training and education programs from the Palopo City government.