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Effect of Work Environment and Work Motivation on Employee Performance in Faculty of Forestry University North Sumatra Napitupulu, Daniel; Sutaryat Trisnamansyah; Husen Saeful Insan; Waska Warta
Journal of Economicate Studies Vol. 3 No. 2 (2019): Journal of Economicate Studies
Publisher : Islamicate Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32506/joes.v3i2.637

Research with the title "The Effect of Work Environment and Work Motivation on Employee Performance at the Faculty of Forestry, University of North Sumatra" This study aims to explain the effect of working environment variables and work motivation simultaneously and partially on employee performance at the Faculty of Forestry, University of North Sumatra. The research method used is a quantitative model, using a questionnaire as a means of collecting data which is distributed to 45 employees at the Faculty of Forestry, University of North Sumatra. Analysis of the data in this study using multiple linear regression analysis assisted by a computer program SPSS for Windows. The results showed that simultaneously the F test resulted in an Fcount of 1339.803 with a significant level of 0.00. Because Fcount 1339.803> Ftable 3.22 and the significant probability is much smaller than 0.05, namely 0.00 <0.05, the regression model can be said that the work environment and work motivation simultaneously have a positive and significant effect on employee performance. . The results showed that partially the work environment tcount 1.259 <ttable 1.681 with a significant 0.215> 0.05, meaning that partially work environment variables did not have a positive and significant effect on employee performance. The results showed that work motivation tcount 13.831> ttable 1.681 with a significant 0.000 <0.050, meaning that partially the work motivation variable has a positive and significant effect on employee performance. Based on the amount of the adjusted R square of 0.984, this means that 98.4% of the variation in work performance can be explained by the independent variable of work discipline and work environment while the rest (100% - 97.2% = 1.6%) can be explained by independent variables. others who were not included in this study such as the variables of work stress, work discipline and others.

Syaria Factoring: A Shariah-Compliant Trade Finance Solution for SMEs Al-farishi, Salman
Journal of Economicate Studies Vol. 3 No. 2 (2019): Journal of Economicate Studies
Publisher : Islamicate Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32506/joes.v3i2.17

This study investigates Syaria factoring as a shariah-compliant alternative to conventional factoring for small and medium enterprises (SMEs). Drawing from Islamic commercial jurisprudence and institutional finance, it constructs a conceptual model using wakalah, murabahah, and ijarah contracts to provide liquidity while maintaining shariah integrity. Unlike conventional factoring, which involves interest and risk transfer, Syaria factoring offers ethical, transparent, and risk-sharing mechanisms. Through qualitative documentary analysis, the research compares Syaria and conventional models, identifies operational structures, and evaluates its impact on SME financing and the Islamic finance sector. Findings confirm that Syaria factoring supports financial inclusion, aligns with maqasid al-shariah, and strengthens the Islamic finance ecosystem. The study concludes with policy and institutional recommendations to standardize, regulate, and promote Syaria factoring as a key ethical finance innovation. It contributes to bridging theoretical, practical, and regulatory gaps in Islamic financial product development.

Islamic Financial Instruments and the Dynamics of the Islamic Stock Exchange Ratna, Ai
Journal of Economicate Studies Vol. 3 No. 2 (2019): Journal of Economicate Studies
Publisher : Islamicate Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32506/ge7jm237

This study investigates the structuring and implementation of Islamic financial instruments within stock exchanges, emphasizing their alignment with sharia principles and evaluating their practical challenges. Drawing on Islamic jurisprudence and modern finance theory, the research applies a qualitative-descriptive method supported by document analysis. Findings indicate that Islamic instruments—such as sukuk, mudharabah, and musharakah—are grounded in ethical, risk-sharing, and asset-backed principles. However, operational and regulatory issues, including fragmented compliance standards, limited liquidity, and investor literacy gaps, hinder their full effectiveness. The study also identifies key strategies to improve the sustainability of Islamic stock exchanges, including regulatory harmonization, technological innovation, and capacity-building initiatives. The research contributes theoretically by bridging Islamic legal frameworks with institutional finance models and practically by offering policy recommendations. These insights affirm that Islamic stock exchanges can serve as ethical and competitive alternatives in global capital markets when adequately supported by institutional reform and public engagement.

Syariah Capital Market Instruments: Structures, Compliance, and Market Relevance Karamillah, Abdussalam
Journal of Economicate Studies Vol. 3 No. 2 (2019): Journal of Economicate Studies
Publisher : Islamicate Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32506/joes.v3i2.386

This study investigates the instruments available in the Syariah capital market, focusing on their structural foundations, compliance with Islamic legal principles, and market relevance. Using a qualitative, document-based approach, the research examines core instruments including sukuk, Syariah-compliant stocks, Islamic mutual funds, and Islamic real estate investment trusts (i-REITs). These instruments are structured to comply with Syariah prohibitions on riba, gharar, and maysir, and support risk-sharing and ethical investment. Findings reveal that these tools play a critical role in broadening financial inclusion, aligning investment with Islamic ethics, and supporting economic development. The study also identifies key regulatory and technological challenges while highlighting opportunities for standardization and global integration. By synthesizing theoretical, legal, and institutional dimensions, this research offers new insights into the future direction of Islamic financial instruments and their potential to serve both faith-based and ethical investors worldwide.

Sharia Capital Market as an Investment Instrument for Indonesia’s Economic Development Herawati, Popi
Journal of Economicate Studies Vol. 3 No. 2 (2019): Journal of Economicate Studies
Publisher : Islamicate Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32506/nxaf6243

This study investigates the Sharia capital market’s function as a tool for ethical investment and its macroeconomic impact in Indonesia. Drawing upon Islamic economic theory and qualitative document analysis, the research explores how instruments such as Sukuk and Sharia mutual funds facilitate religiously compliant investments and promote economic growth. Findings indicate that these instruments align with national development objectives by enhancing financial inclusion, capital formation, and infrastructure financing. The study also reveals that while the market offers stability and ethical transparency, structural challenges remain, including limited product diversity and secondary market depth. Policy recommendations include aligning Islamic finance with development planning, enhancing investor literacy, and diversifying financial instruments. The research contributes theoretically by integrating Islamic finance principles with endogenous growth and stakeholder theory. Practically, it provides guidance for optimizing the Sharia capital market’s role in sustainable economic development. The study positions Islamic finance as a viable mainstream strategy for inclusive growth in Indonesia.

Islamic Financial Instruments and the Dynamics of the Islamic Stock Exchange Ratna, Ai
Journal of Economicate Studies Vol. 3 No. 2 (2019): Journal of Economicate Studies
Publisher : Islamicate Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32506/joes.v3i2.375

This study investigates the structuring and implementation of Islamic financial instruments within stock exchanges, emphasizing their alignment with sharia principles and evaluating their practical challenges. Drawing on Islamic jurisprudence and modern finance theory, the research applies a qualitative-descriptive method supported by document analysis. Findings indicate that Islamic instruments—such as sukuk, mudharabah, and musharakah—are grounded in ethical, risk-sharing, and asset-backed principles. However, operational and regulatory issues, including fragmented compliance standards, limited liquidity, and investor literacy gaps, hinder their full effectiveness. The study also identifies key strategies to improve the sustainability of Islamic stock exchanges, including regulatory harmonization, technological innovation, and capacity-building initiatives. The research contributes theoretically by bridging Islamic legal frameworks with institutional finance models and practically by offering policy recommendations. These insights affirm that Islamic stock exchanges can serve as ethical and competitive alternatives in global capital markets when adequately supported by institutional reform and public engagement.

Sharia Capital Market as an Investment Instrument for Indonesia’s Economic Development Herawati, Popi
Journal of Economicate Studies Vol. 3 No. 2 (2019): Journal of Economicate Studies
Publisher : Islamicate Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32506/joes.v3i2.562

This study investigates the Sharia capital market’s function as a tool for ethical investment and its macroeconomic impact in Indonesia. Drawing upon Islamic economic theory and qualitative document analysis, the research explores how instruments such as Sukuk and Sharia mutual funds facilitate religiously compliant investments and promote economic growth. Findings indicate that these instruments align with national development objectives by enhancing financial inclusion, capital formation, and infrastructure financing. The study also reveals that while the market offers stability and ethical transparency, structural challenges remain, including limited product diversity and secondary market depth. Policy recommendations include aligning Islamic finance with development planning, enhancing investor literacy, and diversifying financial instruments. The research contributes theoretically by integrating Islamic finance principles with endogenous growth and stakeholder theory. Practically, it provides guidance for optimizing the Sharia capital market’s role in sustainable economic development. The study positions Islamic finance as a viable mainstream strategy for inclusive growth in Indonesia.

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Home Page

OAI Link

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Reviewer

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Abstract

Abstract

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Abstract

Abstract

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
-

Editorial Address
-

Location
Kota bandung,

Jawa barat

INDONESIA