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Contact Name
Nurhafid Ishari
Contact Email
hafid.ishari@gmail.com
Phone
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Journal Mail Official
jurnaliqtishoduna@gmail.com
Editorial Address
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Location
Kab. lumajang,
Jawa timur
INDONESIA
Iqtishoduna: Jurnal Ekonomi Islam
ISSN : 22525661     EISSN : 24430056     DOI : -
Core Subject : Economy,
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.
Arjuna Subject : -
Articles 360 Documents
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

Abstract

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

Abstract

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

Abstract

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

Abstract

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

Abstract

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

Abstract

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.
Halal Certification Challenges for Javanese Muslim Entrepreneurs in a Phenomenological Perspective Masyhuri, Muhammad; Risdiyanti, Arie
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 (296.357 KB) | DOI: 10.54471/iqtishoduna.v11i2.1959

Abstract

This paper aims to examine the Muslim community responses about Halal policy in Indonesia, especially for micro, small, and medium enterprises or known as UMKM in articulating Halal certification socially on their business products. The study becomes interesting since normatively Halal product policy is predicted to provide great opportunities for the community, including for UMKM. However, various responses occur in the community to this policy. Thus, Halal policy in its products has not been implemented optimally, especially for small and medium entrepreneurs. On the other hand, it seems more profitable for high-end entrepreneurs because they have better resources than small entrepreneurs. By using the phenomenological method, the study looks at how Muslim entrepreneurs respond to this policy in an emic perspective. It can be concluded that the community's response to the halal policy is categorized into four dilemma models; 1. Public awareness, especially entrepreneur on JPH regulations is still lacking. So, the willingness to conduct Halal certification for their products is also low 2. The cost of Halal products is considered quite burdensome. Although, the government holds a free financing program, the quota is limited and uneven. 3. Halal management chain is too bureaucratic and complicated. Therefore, products of UMKM seem to be administrative since they are only related to production. 4. Most UMKM have low competitiveness. In fact, many UMKM assume that Halal does not become one of the main branding in facing business competition with other global products.
The Role of Islamic Boarding School in The Formation of The Madani Community Sheema Haseena Armina
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 9 No. 2 (2020): 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 | DOI: 10.36835/iqtishoduna.v9i2.460

Abstract

This study aims to review the concept of civil society as masyarakat madani by looking at the role of pesantren in building civil society in Indonesia. The method is used by descriptive qualitative with library research. The findings of this paper are civil society is an expected society in Islam. The role of Pesantren is representing the diversity of ethnic and various regions of santri consulate in the Islamic environment. The contribution to the development of an Islamic economy with their economic independence either business units or the uniqueness of each Pesantren in Indonesia with the addition that pesantren is the basis genuine for an islamic education learning center in Indonesia.
Nusantara Syariah Economy (Construction of Economic Cooperation between The Indonesian Muslim Community) AM Hafidz Mashum; Marlina Marlina
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 9 No. 2 (2020): 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 | DOI: 10.36835/iqtishoduna.v9i2.490

Abstract

This study seeks to answer two problem formulations, namely the construction of economic cooperation practices for the Indonesian Muslim community in agriculture, plantation, livestock, and forestry, and the feasibility of these economic cooperation practices in the Islamic banking industry. The results of this study conclude that the practice of economic cooperation between the Muslim community in the archipelago is constructed through six concepts, namely (1) adat; (2) social capital; (3) oral agreement; (4) profit sharing; (5) 'urf; (6) sharia compliance; and (7) muamalah fiqh contracts. When viewed from the sociological, juridical, and economic aspects, the practice of economic cooperation in the Indonesian Muslim community is a very potential captive market for Islamic banks. This research strengthens the Granoveterian embeddedness theory which states that economic behavior (in this case is the practice of economic cooperation between the Muslim community in the archipelago) is a social action that is socially structured and positioned. Research at the same time rejects Polanyian's embeddedness, which states that attachment only occurs in pre-industrial societies.
Foreign Direct Invesment Flows in OIC Country Nida Laili Fitriyah; Alvira Aina A'yun; Khofidlotur Rofi’ah; Sri Herianingrum
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 9 No. 2 (2020): 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 | DOI: 10.36835/iqtishoduna.v9i2.495

Abstract

Investment is one of the funding needed by all countries to develop manufacturing and the economy. This study aims to examine the factors affecting the foreign direct investment flow among OIC countries. In order to achieve the goal, the authors use quantitative research methods using a regression test of data panels on the secondary data that has been collected. Panel data for the period 2012-2018 are used. The results showed that inflation and political stability have a significant and positive impact on FDI's entry. Meanwhile, corruption variables have a negative not significant effect on FDI and economic growth variables have a positive effect but not significant in FDI’s entry in OIC Country. This research examines simultaneously the factors that determine FDI flow in OIC Country. This Paper provides value for policymakers in OIC Country recognized the need for outside capital as one of fund for the public. As well as consider the investor takes the decision in investing his funds especially in Asian countries member of Islamic Cooperation (OIC).