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International Journal of Islamic Business and Economics (IJIBEC)

IJIBEC
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Published by Institut Agama Islam Negeri Pekalongan

ISSN : 25993216 EISSN : 2615420X DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

International Journal of Business and Islamic Economics (IJIBEC) is an international journal providing authoritative source of scientific information for researchers and scholars in academia, research institutions, government agencies, and industries. ISSN IJIBEC is 2599-3216 and Online is 2615-420X. We publish original research papers, review articles and case studies focused on Islamic Bussiness and Economic as well as related topics. All papers are peer-reviewed by at least two reviewers. IJIBEC is published and printed by Faculty of Islamic Economics and Business of Institut Agama Islam Negeri (IAIN) Pekalongan, the journal is in collaboration with the Ikatan Ahli Ekonomi Islam Indonesia (IAEI) Komisariat IAIN Pekalongan and Masyarakat Ekonomi Syariah (MES) Pekalongan Raya.

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Articles 5 Documents

Search results for , issue " IJIBEC VOLUME 2 NO. 1 JUNE 2018" : 5 Documents clear

Efficiency and Performance of Islamic Bank: Quadrant Analysis Approach Firmansyah, Irman
International Journal of Islamic Business and Economics (IJIBEC) IJIBEC VOLUME 2 NO. 1 JUNE 2018
Publisher : Faculty of Islamic Economics and Business of Institut Agama Islam Negeri (IAIN) Pekalongan

The purpose of this study is to analysis the level of efficiency of Islamic banks through the ratio used as a measure of operational efficiency that is the operational expense tooperational revenue, knowing the level of bank performance of the assessment in accordance with the principles of islamic bank is maqashidsharia index, and know the cluster quadrant of each syariah bank through a combination of efficiency assessment and performance of maqashidsharia. All research data is taken from the financial statements of Islamic banks in Indonesia through their respective websites. The research period is the year 2012 until 2016. The results showed that banks that are in the highest efficiency quadrant and high performance of sharia maqashidis Panin Bank of sharia. The results of this study indicate that PaninSyariah bank has successfully used operational costs to obtain high operating income, and has also succeeded in achieving good performance of sharia maqashidcompared with other Islamic banks in Indonesia.

The Evaluation of Mustahiq Empowerment-Based Poverty Alleviation Program at Amil-Zakat Organizations Fikriyah, Khusnul; Ridlwan, Ahmad Ajib
International Journal of Islamic Business and Economics (IJIBEC) IJIBEC VOLUME 2 NO. 1 JUNE 2018
Publisher : Faculty of Islamic Economics and Business of Institut Agama Islam Negeri (IAIN) Pekalongan

The increasing number of the poor in Indonesia makes the management of zakat play more important role. LAZs (non-profit organizations managing zakat) which functions as collecting and distributing zakat, infaq, and shadaqah in Indonesia is potential to develop as an attempt for equal distribution of national income, as well as a solution for poverty alleviation. Common empowerment programs by LAZs include education, health, social-humanity, and economy. Those all are consistent with government’s poverty alleviation programs, as mentioned in the Constitution 1945. “Evaluation of Mustahiq Empowerment-Based Poverty Alleviation Program at Amil-Zakat Organizations in Surabaya” points to a theory by Wirawan that evaluation was conducted through three phases; evaluation of process, evaluation of usage, and evaluation of effect. it aims to see whether or not LAZs’ empowerment programs run well and thus, be potential to be developed as a solution for poverty in Indonesia. The result showed that the empowerment programs in education and health areas were found well-implemented, while the other facets including economy and social-humanity still need more improvement within.

A Comparative Study: The Economic Thoughts of Ibn Khaldun and Karl Marx Muheramtohadi, Singgih
International Journal of Islamic Business and Economics (IJIBEC) IJIBEC VOLUME 2 NO. 1 JUNE 2018
Publisher : Faculty of Islamic Economics and Business of Institut Agama Islam Negeri (IAIN) Pekalongan

This paper aims to compare the two great minds of Ibn Khaldun and Karl Marx in terms of their similaritiesand differences. In term of similarities, Ibn Khaldunsuggests the fall of empire sovereigntywhich is in linewith Karl Marx's idea of the destruction of capitalism. According to Karl Marx, the development of modes of production from time to time is a necessity. Whereas, Ibn Khaldun in his book of Al-Muqaddimah argues thatthe fall of empire sovereignty is rooted in the nature of its power. Marx assumes that the capitalistsystem ‘inevitably’ will continuously foster the surplus value, while Ibn Khaldun states that the nature of power is about pursuing luxuries.This research applied descriptive comparative and qualitative approach.The study concludes that there are some similarities between Ibn Khaldun and Karl Marxalthoughthere are more distinct differences. This is because of the following factors:(1) life background, (2) assumption used by both figures, (3) social state of the society, and (4) influence of the previous scientific thoughts. The difference in the course of economic conception -work, surplus value, and the law of necessity-lies in the paradigm which both concepts use. Ibn Khaldun applies induction approach bysummarizing the general case of many historical events and disappearance of the former empires. Whereas, Marx uses class conflict approach as the basis for his theory. As its implication,similarities ofthese concepts do not necessarily require the same paradigm. A review of economic thought of the preceding figures should apply a contextual approach, that is, from the condition of the relevant figure.

Elaborating Cash Waqf Development In Indonesia Using Analytic Network Rusydiana, Aam Slamet; Devi, Abrista
International Journal of Islamic Business and Economics (IJIBEC) IJIBEC VOLUME 2 NO. 1 JUNE 2018
Publisher : Faculty of Islamic Economics and Business of Institut Agama Islam Negeri (IAIN) Pekalongan

This research is aim to identify the priority factors that being barrier to develop the practice of cash waqf in Indonesia using Analytic Network Process (ANP) method. Here is also offered some solutions for the problems identified. ANP is a mathematic theory that allows one to deal systematically with dependence and feedback and that can capture and combine tangible and intangible factors by using ration scale. Result show that the problems appeared in managing cash waqf in Indonesia divided into 4 important aspects, there are: Human Resource aspect, trust aspect, system aspect, and sharia aspect. The rank for most priority problems to less priority based on the priority result are: 1) trust problems (whereas the most priority for this sub-criteria is donators’ lack of trust), 2) sharia problems (is unfulfilled waqf covenants), 3) human resource problems (is misappropriation of waqf funds, 4) system problems (is weak of management systems). Strategies that can be built to develop the practice of cash waqf in Indonesia based on the priorities are: 1) more computerized cash waqf management, 2) the development of waqf education institutions, 3) more comprehensive fund manager quality improvement, 4) transparency and accountability in every step.

Production Ethics of Muslim Batik Entrepreneurs in Pekalongan Izza, Muhammad; Tarmidzi, Tarmidzi
International Journal of Islamic Business and Economics (IJIBEC) IJIBEC VOLUME 2 NO. 1 JUNE 2018
Publisher : Faculty of Islamic Economics and Business of Institut Agama Islam Negeri (IAIN) Pekalongan

This research aims to find out the influence of ethics in batik (Indonesian traditional dyeing designs in clothing) production of Muslim entrepreneurs with their environment in Pekalongan, Central Java. The urgency is that the production ethics have a close relationship with waste and environment. This study used primary data from questionnaires filled by Muslim batik entrepreneurs. The OLS method was applied to analyze the total of 30 samples using SPSS. In this analysis, there were two things having strong significant correlations to production ethics namely (1) the application of Islamic values of the entrepreneurs on environmental sustainability and (2) the acknowledgement of the entrepreneurs regarding to the counseling of batik waste from local government.

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