Multidiciplinary Output Research for Actual and International Issue (Morfai Journal)
MORFAI This journal will publish research articles or studies that are multidisciplinary in nature, including: education, law, health, agriculture, engineering, energy, technology, and social science. This journal is dedicated to explore and socialize many creative and innovative thought who focus in: Humanities: Art, History, Languages, Literature, Music, Philosophy, Religion, Theater, etc. Social Science: Geography, Sociology, Education, Political Science, Law, Policy, Social Review, Arts, History, Philosophy, Anthropology Management: Commerce, Economics, Finance, Accounting, Corporate Governance, Human Resources Management, Marketing Management, Quality Management Training and Development Engineering: Information Technology, Computer Application, Civil Engineering, Machanical Engineering, Chemical Engineering, Electrical Engineering, Physics Medical Science: Medicine, Health, Nursing, Clinical Research, Pharmacy, Pharmaceutical, Pharmacognosy, Pharmacology, Phytochemistry Biology: Botany, Bioscience, Microbiology, Biotechnology, Clinical Biology, Molecular Biology, Biochemistry, Agriculture, Chemistry, Environment and Ecology, Food Science, Nutrition, Plant Science, Entomology, Zoology, Fisheries Physical Education: Sports, Yoga, Physiotherapy, Physiology, Exercise, Health
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THE IMPACT THAT SOCIAL MEDIA HAS HAD ON TODAY'S GENERATION OF INDIAN YOUTH: AN ANALYTICAL STUDY
SHOWKAT AHMAD DAR;
DOLLY NAGRATH
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.309
Social media has become a daily habit in most people’s lives. People of all ages participate in social media, and the average Indian devotes nearly 2.4 hours per day to this one activity alone. People are able to voice their concerns and share their perspectives through the medium of social media. When it comes to understanding social media, people must first be comfortable with the notion. Users can communicate with one another and share information, thoughts, opinions, images, and videos via Internet-based programmes known as "social media.. In order to access content, share content with other users of that social media platform, and converse with other users of that social media platform, an individual must first sign up for an account and then sign in to that account. Facebook, Twitter, WhatsApp, Snap Chat, Telegram, and LinkedIn are just a few of the most prominent and frequently used social networking platforms today; others include Snap chat etc. It's noteworthy to observe that most of these social networking sites have a disproportionately high proportion of teen users. In India, adolescents and teenagers between the ages of 13 and 19 make up 31 percent of the overall number of people who use social media (Statista, 2021). Users in India between the ages of 18 and 24 make up the majority of Facebook and Instagram users in the country. We take a descriptive and analytical stance when discussing social media and its effects on young people, both good and bad, in this study. We heavily rely on the thematic analysis tool MAXQDA to draw a conclusion. We discuss all facets of social media, including both positive and bad effects. Specific areas including business, education, society, and young people are highlighted.
CORRELATION ANALYSIS OF SHARIA CAPITAL MARKET GROWTH WITH INDEX SHARIA CAPITAL MARKET PERFORMANCE
Anisya Wulan Purnama
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.848
This research is intended for informative purposes and adds insight regarding the capital market, the Islamic capital market, the growth of the Islamic capital market in Indonesia which is analyzed based on its correlation with the Islamic capital market performance index compared to the conventional capital market performance index which is tested through 3 test analyzes using the index Sharpe, Treynor, and Jensen. This research was conducted using data from 2007 to 2019. This study aims to provide information related to the relationship between the performance index of the Islamic capital market and its growth over time (2013-2019).
IMPLEMENTATION OF RAHN ACADEMIC (SHARIA PAWN) IN SHARIA FINANCIAL INSTITUTIONS
Inda Husna Fatwa;
Muammar Khaddafi
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.849
The development of sharia-based products is increasingly prevalent in Indonesia, including pawn shops. Perum pawnshops issued sharia-based products called sharia pawnshops. Basically, sharia-based products have such characteristics, do not collect interest in various forms due to usury, determine money as a medium of exchange not as a commodity traded, and do business to obtain compensation for services and or profit sharing. This research includes the type of literature study by looking for theoretical references that are relevant to cases or problems found. Theoretical references are obtained by means of literature study research and then used as the basic foundation and main tools for analyzing data. The type of data used by the authors in this study is secondary data obtained from journals, books, documentation and the internet. The data that has been obtained is then analyzed using a descriptive analysis method of Islamic Pawnshop or known by the term rahn, in its operation using the Fee Based Income (FBI) or Mudharabah (profit sharing) method. Because customers using UP (UP) have different objectives, for example for consumption, paying school fees or additional working capital, the use of the Mudarabah method has not been used properly. Therefore, pawnshops use the Fee Based Income (FBI) method. the use of the Mudarabah method has not been used properly. Therefore, pawnshops use the Fee Based Income (FBI) method. the use of the Mudarabah method has not been used properly. Therefore, pawnshops use the Fee Based Income (FBI) method.
IMPLEMENTATION OF THE HIWALAH ACADEMIC IN SOCIAL ENVIRONMENT AND SHARIA FINANCIAL INSTITUTIONS
Nur Vianti
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.851
Debt has become commonplace to meet the needs of human life. However, because it is a loan, it must be returned, and sometimes not everyone can return it at the agreed time. Therefore, Islam offers a solution in the form of the Hiwalah Contract. Hiwalah is the transfer of debt from the person who owes it to someone else who is able to pay it. Hiwalah is a unique system suitable for adaptation by humans, because Hiwalah is part of human life in muamalah. The legal basis for implementing Hiwalah is the Qur'an, Hadith, Ijma' and Qiyas. Hiwalah is not used to solve account payments problems but more than that it also serves as a transfer of funds from one person to another or from one group to another. In this case, the banking system has also practiced the Hiwalah contract. The debt transfer system is a transfer of debt burden from the person who is in debt to the person who is obliged to pay because there are similar debt levels. To transfer debt, you can use collateral which is joint property in the financing, so it can be transferred to those who are able to bear it with the guarantee that the assets are transferred to the guarantor. Even on the other hand it could also be for other people who want to continue the stalled financing with the assets being financed as collateral then there is a transfer of use to the insurer. The debt transfer system is a transfer of debt burden from the person who is in debt to the person who is obliged to pay because there are similar debt levels. To transfer debt, you can use collateral which is joint property in the financing, so it can be transferred to those who are able to bear it with the guarantee that the assets are transferred to the guarantor. Even on the other hand it could also be for other people who want to continue the stalled financing with the assets being financed as collateral then there is a transfer of use to the insurer.
IMPLEMENTATION OF MURABAHAH CONTRACTS IN OWNERSHIP FINANCING A HOUSE IN THE SHARIA STATE SAVINGS BANK, LHOKSEUMAWE CITY
Srik Wardani
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.852
Home ownership loans are home financing from Bank BTN for the purposes of buying a house from a developer or non-developer, both for buying a new or second home, buying a ready-to-live-in house (ready stock) or not finished (indent) or taking over credit from other banks. Research This research aims to find out how the murabahah contract is applied to home ownership financing at the Lhokseumawe Syariah State Savings Bank. The type of research used in this research is descriptive qualitative research. The data in this study were obtained from secondary data sources and primary data. Data collection techniques used in this study is by observation, interviews, and documentation. The results of this study are that home ownership financing at BTNS Lhokseumawe already uses a murabaha contract,but the Bank also uses a wakalah contract as a murabahah companion contract.
THE IMPORTANT ROLE OF SHARIA ACCOUNTING IN INFORMATION SYSTEMS
Zulfikar
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
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DOI: 10.54443/morfai.v3i2.854
Accounting as an information system identifies collecting and communicating economic information about a business entity to various people. Accounting is at the forefront and plays an important role in running our economy and social system. Decisions taken by individuals, governments, other business entities are determined in terms of their use of the resources owned by a nation. One of the most important aspects of an entity is the financial aspect and financial reporting records that have a major impact on the sustainability of the entity. This research is an entirely research library. The purpose of this study is to determine how Islamic accounting is an information system. The analytical method used is the content analysis method. The results of this study indicate that Islamic accounting is an effort to deconstruct modern accounting in a humanist and value-laden form. Islamic accounting information systems highlight Islamic values both in the object of accounting and information systems, Islamic accounting information systems have a great responsibility in moral matters.
"M.C. Rajah: Pioneering the Modern Subaltern Movements in Madras and Beyond"
Venkatesh.R
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.856
Abstract Rao Bahadur MC. Mailai Chinnathambi Pillai Raja (17th June 1883 – 20th August 1943), popularly known as Raja, was a Scheduled Caste politician and social activist from Tamil Nadu. Even before Ambedkar, he worked for the welfare and progress of Scheduled Caste (SC) people all over India. In the list of activists who have worked for the welfare of the grassroots and to establish equality, M.C. Rajah has the most significant role of in India. It is a matter for everyone to ponder whether is fulfilled. This study is to describe information about M.C Rajah who gave ideas like Ambedkar's contribution to social progress.
THE IMPLEMENTATION OF SHARIA BANKING ON THE ECONOMY OF SOCIETY IN INDONESIA
Andi Muhammad Reza
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.857
The rapid development of Islamic banking in Indonesia, which must be balanced with contributions to economic growth, is the background for writing this article. The analysis in this article uses the Ordinary Least Square (OLS) method to find out how much influence Islamic banking has on economic growth as represented by the Gross Domestic Product. The financial sector plays an important role in driving a country's economic growth. This study aims to analyze the causal relationship between Islamic banking on Indonesia's economic growth, analyze the response of Indonesia's economic growth when shocks occur in Islamic banking variables, and determine the contribution of Islamic banking variables to Indonesia's economic growth. Total deposits, total credit/total financing, and total assets as a variable that represents banking. GDP (Gross Domestic Product) as a variable that represents economic growth. Using the Cointegration and Granger Causality methods, the results show that in general conventional and Islamic banking have an effect on economic growth in Indonesia.
INCREASING TRANSPARENCY AND ACCOUNTABILITY ZAKAT, INFAQ AND SADAQAH MANAGER (PSAK 109)
Dea Edryani
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.858
This article discusses how to understand how the manager of the Zakat Charity Agency (BAZ) interprets accountability in managing zakat, infaq, and shadaqah (ZIS). Accountability in the management of zakat, infaq and shadaqah (ZIS) is needed to build the trust of related parties, such as muzakki, mustahiq, the government and society as a whole. In creating a good zakat governance system, it has the characteristics that there must be transparency and accountability in zakat management, which includes indak and alms management. As a manager of community funds that relies on donors from the community, transparency and accountability in the management of zakat, infaq and shadaqah are the main concerns for the Zakat Charity Agency (BAZ)
COMPARISON OF THE PERFORMANCE OF SHARIA BANKS AND CONVENTIONAL BANKS
Faradilla Felysha
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 3 No. 2 (2023): July (July-September)
Publisher : RADJA PUBLIKA
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DOI: 10.54443/morfai.v3i2.859
This study aims to find out and analyze the significant differences between the performance of conventional banks and Islamic banks and to find out and analyze which banking performance is better between Islamic and conventional banking. This study uses a qualitative descriptive method using secondary data. From the results of the study there is a significant difference between conventional banking and Islamic banking such as the absence of interest in Islamic banking considering that interest is forbidden in Islamic law as usury. Furthermore, in terms of risk in conventional credit, the customer still has to pay the full loan and interest as previously agreed. Both when the business makes a profit or loss while sharia credit if the contract used is capital sharing,