cover
Contact Name
Muhammad Zakiy
Contact Email
admin-jiebr@umy.ac.id
Phone
+6281286878830
Journal Mail Official
admin-jiebr@umy.ac.id
Editorial Address
Fakultas Agama Islam, Universitas Muhammadiyah Yogyakarta, Gedung F6 Lantai 2, Jl. Brawijaya, Geblagan, Tamantirto, Kasihan, Bantul, Yogyakarta, 55183
Location
Kab. bantul,
Daerah istimewa yogyakarta
INDONESIA
Journal of Islamic Economic and Business Research
ISSN : 27981207     EISSN : 27981304     DOI : https://doi.org/10.18196/jiebr
Core Subject : Religion, Economy,
Journal of Islamic Economic and Business and Research is a scientific journal which has specialization of research in Islamic Economic and Business Research. Islamic Economic and Business Research is strategic issues in the world because its role and benefit to societies. Therefore, this issue need more deelpy extractive through a research. We hope that JIEBR can collect all of researchers or academicians to contribute their ideas as a solution to increase the developing of Islamic Economic and Business research in this world. Research publications in JIEBR covers various topics about Islamic Economics, Islamic Philanthropy, Halal Industry, Islamic Finance, Islamic Business Management, Entrepreneurship, and other relevant topics.
Articles 73 Documents
Integrating Sharia Principles in Infrastructure Finance: A Government-Business Partnership Scheme for Sustainable Development Nasrulloh; Widodo, Sugeng; Nur Efendi, Mohamad; Septiana, Nurul Izzati
Journal of Islamic Economic and Business Research Vol. 5 No. 1: June 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jiebr.v5i1.387

Abstract

This research explores the financing of infrastructure through the Public-Private Partnership (PPP) scheme, referred to as Kerjasama Pemerintah dan Badan Usaha (KPBU) in Indonesia, and Sharia finance. With the increased global need for sustainable infrastructure, the PPP scheme presents an opportunity to accelerate development in a Sharia-compliant way. This compliance includes the forbidding of lending with interest (riba), uncertainty (gharar), and gamble-like activities (maisir). This study employs a literature review methodology focusing on publications dated 2018 and 2024 and synthesizes existing literature on the Sharia-based PPP models. Significant findings indicate that the PPP schemes combined with the Istisna modality make it possible to comply with the basic Sharia legal requirements, enabling progressive payments to be made in accordance with project milestones. A repayment structure that is paid in stages rids people of the burden of usury and enhances transparency while reducing financial risks. Insight from primary data reveals that through effective regulation and stakeholder participation, along with adequate supervision, transparency and efficiency can be greatly enhanced. The added contribution of this research is that it develops a practical operational framework for the Sharia PPPs, which can be utilized in almost all infrastructure developmental activities. These frameworks propose measurable efficiency and accountability while complying with Islamic financial requirements. The findings present sharia infrastructure financing that is equitable, effective, and sustainable, providing fundamental policy insights to regulators, sharia practitioners, and other stakeholders.
Zakat Collection Strategy to Enhance Financial System Capabilities National Zakat in Support of the Ummah's Economy Utami, Pertiwi; Ali, Juhary; Suryanto, Tulus
Journal of Islamic Economic and Business Research Vol. 5 No. 1: June 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jiebr.v5i1.393

Abstract

This research investigated how zakat collection strategies can be carried out through the role of government, GCG, the decision to pay zakat and the trust of the community. The aim is to increase opportunities for the national zakat financial system carried out by the Central National Zakat Amil Agency (BAZNAS) to support the ummah's economy. A case study research design with a quantitative approach guided the research. Outer model analysis with the help of Smart PLS was used to identify scores for research variable indicators. The four findings are as follows: the role of government through technological indicators needs to be improved for better zakat management, GCG through effectiveness and efficiency indicators in processes and institutions needs to produce output that can meet community needs while making the best use of resources, high public trust through a dynamic relationship between Amil Zakat, OPZ, and the public must be created as well as possible, and the decision to pay zakat through increasing technological competence plays an important role in supporting zakat collection strategies, especially those based on digitalization. Thus, it can be concluded that based on Muzzaki's perception of zakat collection strategies, the four main indicators with the highest scores for each variable can increase the opportunity for the national zakat financial system to contribute to supporting the ummah's economy. The government in collaboration with BAZNAS needs to pay serious attention to strategic efforts to increase public trust in BAZNAS, especially through word-of-mouth promotion strategies, outreach, education, implementation of information technology, and also reducing high operational costs by emphasizing efficiency and good management.
Analysis of Islamic Banking Performance in West Nusa Tenggara Post Global Financial Crisis 2008-2009: Error Correction Model Approach Aprizal, Anggi; Basuki, Agus Tri; Wiranatakusuma, Dimas Bagus
Journal of Islamic Economic and Business Research Vol. 5 No. 1: June 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jiebr.v5i1.411

Abstract

Islamic Banking has an important role in supporting economic growth and financial stability. The positive development of Islamic Banking in West Nusa Tenggara (NTB) is a strategic concern, considering that studies at the provincial level are still limited, especially regarding the influence of internal and external factors. This study analyzes the performance of Islamic Banking in NTB during 2010-2023 using Return on Assets (ROA) as an indicator of profitability, with the Error Correction Model (ECM) method to measure short-term and long-term relationships. Internal factors include Financing to Deposit Ratio (FDR), Non-Performing Financing (NPF), Bank Size (BS), and Third Party Funds (TPF). External factors include Gross Regional Domestic Product (GDRP), inflation (INF), exchange rate (ER), and Islamic Stock Index (ISS). The study results show that internally, FDR has a significant negative effect in the long term, reflecting liquidity risk. NPF has a negative impact in the short term but a positive impact in the long term, indicating optimal risk management. BS shows operational inefficiency, while DPK has a significant positive effect in the short term but a negative effect in the long term. Externally, GRDP supports profitability in the short and long term. Inflation has a significant negative impact, the exchange rate has a significant positive impact in the long term, and ISS has a significant positive impact in the long term. This study emphasizes the importance of increasing liquidity efficiency and financing risk management by Islamic banking. The government and regulators also need to maintain economic stability through controlling inflation and the exchange rate to support the performance of this sector.