cover
Contact Name
Yananto Mihadi Putra
Contact Email
yananto.mihadi@mercubuana.ac.id
Phone
+6289661079005
Journal Mail Official
editor.jiess@mercubuana.ac.id
Editorial Address
Editorial Team Office: Journal of Islamic Economics & Social Science (JIESS), Ikatan Ahli Ekonomi Islam (IAEI) Komisariat: Universitas Mercu Buana, Faculty of Economic and Business Building, Jl. Raya Meruya Selatan, Kembangan, Jakarta-11650 Telp.021-5840816 Ext. 5342, Fax. 021-5871312
Location
Kota adm. jakarta barat,
Dki jakarta
INDONESIA
Journal of Islamic Economics and Social Science (JIESS)
ISSN : 27227499     EISSN : 27227111     DOI : https://doi.org/10.22441/jiess
Journal of Islamic Economics & Social Sciences (JIESS) is a peer-reviewed journal that has focused on primary studies at Islamic Economics (Management & Business, Accounting, Banking, Finance, Marketing, and Entrepreneur) and Social Sciences (Tourism, Culture, Psychology, Education, and Sociology) from Islamic Perspective for initiating the development of global economic advantages. JIESS is dedicated to provide an intellectual space of scholarly discussion on how the Islamic economics are able to create the new global formation of Islamic economics, business and similar issues. Journal of Islamic Economics & Social Sciences (JIESS) is available in a Print version and Online version published by IAEI Komisariat Universitas Mercu Buana and was regularly published 2 (two) times in 1 (one) year, ie in May and November.
Articles 45 Documents
The Effect of The Digitalization of Banking Services on Customer Satisfaction at BCA Syariah KCP Kranji Lisana Aliya; Fitri Yetty; Siwi Nugraheni
Journal of Islamic Economics and Social Science (JIESS) Vol 2, No 2 (2021)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (91.9 KB) | DOI: 10.22441/jiess.2021.v2i2.005

Abstract

A quantitative research that aims to understand the effect of digitizing syariah banking services on customer satisfaction in services that are fast, easy, and can be controlled by customers. The population chosen in this study is people who have or already know the use of mobile banking by distributing questionnaires to 100 respondents. The sampling technique used purposive sampling technique with a Likert scale. This analysis uses IBM SPSS Statistics Version 25.0 software. The results of this study indicate that the Digital Banking System, Service, Easiness, Comfort variable has a positive linear relationship to Customer Satisfaction, namely an increase in Digital Banking System, Service, Easiness, and Comfort will increase Customer Satisfaction as well. Digital Banking System is the only variable that has no significant effect on Customer Satisfaction, while Service, Easiness, Comfort has a significant influence on BCA Syariah Customer Satisfaction due to the rapid development of today's technology that accommodates banking industry services in Indonesia.
Determination Profitability of Islamic Banks with Exchange Rate as Moderating Variable Budhi Pribadhi Ishak
Journal of Islamic Economics and Social Science (JIESS) Vol 2, No 1 (2021)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/jiess.2021.v2i1.003

Abstract

This study aims to analyze the factors that can affect Islamic banks' return on assets (ROA) in Indonesia. These factors include independent variables consisting of the ratio of operating costs to operating income (BOPO), Financing to Deposit Ratio (FDR), the ratio of financing income to total income, which is moderated by the exchange rate, the ratio of securities income to total income which moderated by the exchange rate, and also the exchange rate. The method used to analyze the determination of ROA is regression analysis with Error Correction Models (ECM). The research sample used is the entire research population, namely monthly data in 2016-2020 of Islamic Bank, including in the group of BUKU II published by the Financial Services Authority (OJK) and Bank Indonesia (BI). Therefore, the number of data observations in this study is 60 (sixty) data. The results of this study indicate that the long-term analysis: (i) BOPO has a negative and significant effect on ROA; (ii) FDR has no significant effect on ROA; (iii) The ratio of financing distribution moderated by the exchange rate has a positive and significant effect on ROA; (iv) Securities income ratio moderated by exchange rate has a negative and significant effect on ROA; (v) Exchange rate has a negative and significant effect on ROA.Meanwhile, for the short term are: FDR does not affect ROA. Furthermore, the results of the study for short-term analysis: (i) BOPO has a negative and significant effect on ROA; (ii) FDR has no significant effect on ROA; (iii) The ratio of financing distribution moderated by the exchange rate has a positive and significant effect on ROA; (iv) Securities income ratio moderated by exchange rate has no significant effect on ROA; (v) Exchange rate has a negative and significant effect on ROA. The implication of this research is to provide input and repertoire of knowledge for academics and practitioners related to the factors that affect the performance of Islamic banks (ROA). Therefore, based on this research, Islamic banks BUKU II to maintain their financial performance, Islamic banks must be able to develop financing products that are following the expectation and needs of the community. The originality of this study is to analyze the determination of ROA moderated by macroeconomic variables (ROA)
The Role of People's Banking Private Vocational (BPR) Toward Development of MSME in Lebak Banten Agus Kusmana; Sumilir Sumilir
Journal of Islamic Economics and Social Science (JIESS) Vol 1, No 1 (2020)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (77.693 KB) | DOI: 10.22441/jiess.2020.v1i1.004

Abstract

This study aims to determine the role of BPR in the development of MSMEs. The research method uses a descriptive-qualitative analysis method. The population in this study are rural banks and MSMEs in the Lebak regency of Banten. The type of data used is secondary data and primary data The role of BPR in the development of MSMEs in the Lebak Regency of Banten with credit growth from 2016 - 2018 of 166.88% and MSME growth of 28.05%, the characteristics of MSME actors in the Lebak district of Banten is the age level of 40 -50 years and male sex with the majority of MSMEs married, and educated in high school, with experience managing businesses between 1 to 5 years, business characteristics, in general, financing customers of PT. BPR Lebak Sejahtera has a business in the field of handicraft, a self-owned business with a place of business that is also owned by itself, in running its business it already has an official business license. financing characteristics provided, the customer receives working capital financing with a repayment period of 1 to 3 years.
Corporate Governance and Non Performing Financing on Sharia Bank Profitability Retno Puji Astuti; Mariyam Chairunisa
Journal of Islamic Economics and Social Science (JIESS) Vol 2, No 1 (2021)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (58.555 KB) | DOI: 10.22441/jiess.2021.v2i1.007

Abstract

This study aims to examine impact of Corporate Governance and Non Performing Financing on sharia bank profitability. The unit analysis of this research is Sharia Banks in Indonesia which have been registered in the Financial Services Authority (OJK) period 2013 to 2017. This research was done on 13 Islamic commercial banks by using quantitative-descriptive approach. The results of this research showed that Corporate Governance that represented by institutional ownership has negative effect and insignificantly on profitability. Board meeting has positive  affect and significant on profitability. Board size and audit committee size have positive effect and significant on profitability. However, Non Performing Financing has a negative effect and significant on profitability.
Examining the Relationship between Post Primary School Teachers Job Satisfaction and Empowerment on Turnover Intention in Katsina State Nigeria Abba Yangaiya Salisu
Journal of Islamic Economics and Social Science (JIESS) Vol 1, No 2 (2020)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (558.646 KB) | DOI: 10.22441/jiess.2020.v1i2.004

Abstract

The study focuses on the influence of post primary schools teacher’s Job Satisfaction and Empowerment on turnover intention in Katsina state Nigeria. Job Satisfaction Questionnaire (JSQ), Empowerment Questionnaire (EQ) and Turnover Intention Questionnaire (TIQ) were used to get the data used in this study. All the questionnaires were adopted and adapted. The data was analyzed using multiple regression analysis via SPSS version 20.0. The results indicate that the independent variables influences turnover intention of post primary school teachers (R2 .51). In addition, among the independent variables, Job satisfaction best influences turnover intention of post primary school teachers.  The results would be useful to the stakeholders as before now few studies were conducted in the area in Nigeria in general and Katsina state in particular.
Assessing The Adaptability of Islamic Microfinance Loans to The Needs of Small Enterprises in Indonesia Meryem Afoukane; Wiwik Utami; Lucky Nugroho
Journal of Islamic Economics and Social Science (JIESS) Vol 2, No 1 (2021)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (211.248 KB) | DOI: 10.22441/jiess.2021.v2i1.002

Abstract

Islamic microfinance aims to offer alternative financial products and services to the Muslim population through developing innovative microfinance services and products based on Islamic finance principles. Two main Islamic financing methods are used in Islamic microfinance: financings based on profit and loss sharing principle and financings using mark-up. The Muslim population represents more than 23% of the world population. A large part of this population is living with income below the poverty line. According to the Islamic Development Bank (2008), more than 500 million poor (with income below USD 1.25 per day) live in the five largest Muslim-majority countries (Indonesia, Bangladesh, Pakistan, Nigeria, and Egypt). Despite the enormous potential market for Islamic microfinance, Islamic Microfinance Institutions serve only 1.28 million clients, representing only 1% of the total outreach of microfinance. One possible explanation for this low outreach is that the products offered by Islamic microfinance institutions may not be well adapted to the needs of the customers. Therefore, this research aims to examine customers’ satisfaction with Islamic loans. Moreover, the study aimed to identify the loan’s selection criteria, and the areas of improvement, from the customers' perspective. This study focused on small businesses since micro-entrepreneurs have specific needs related to their businesses that differ from the other customers’ needs. The study was conducted in the context of Bank Syariah Mandiri, one of the largest Indonesian Islamic commercial banks. The study proceeded in two steps. The first step was to investigate the relevant literature on Islamic microfinance and customers’ satisfaction in the Islamic microfinance sector. The second step was collecting primary data among the customers of the micro Banking Division of Bank Syariah Mandiri. The literature review on Islamic microfinance revealed a lack of understanding of customers’ attitudes, perceptions, and preferences. Therefore, this study aimed to provide a modest contribution to the field. The survey questionnaire was used to collect primary data, and a random sampling method was used to select the participants for the survey. One hundred questionnaires were distributed to the customers who owned a micro business and had an outstanding loan balance with Bank Syariah Mandiri at the time of the survey. Descriptive and inferential statistics were used to analyze the data. The Statistical Package for Social Science (SPSS) Version 22.0 was used to generate the statistical analysis. The response rate was 100% since questionnaires were distributed to the respondents at their house or business location. The study revealed that most respondents were satisfied with the credit and its features (loan size, cost, collateral requirements, time to process the application, and application form). The credit served their business and helped them improve their sales and incomes. In addition, the study showed that the essential criteria in selecting a credit were the cost, Syariah compliance, and the process easiness. An essential finding of this study was that the religious character of the Islamic Microfinance Institution was not of great importance when selecting a microfinance institution; however, it becomes a significant concern when selecting a credit. This finding suggests the importance of enhancing Syariah compliant product innovation to increase customers’ satisfaction 
The Influence of Good Corporate Governance on Sukuk Rating Retno Puji Astuti
Journal of Islamic Economics and Social Science (JIESS) Vol 1, No 1 (2020)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (43.167 KB) | DOI: 10.22441/jiess.2020.v1i1.005

Abstract

This objective of this study to determine the influence of sukuk ratings on corporate governance. Proxy of the corporate governance that used is institutional ownership, frequency of board meeting, board size, and audit committee. The population in this studies are financial and non-financial companies listed on the Indonesia Stock Exchange (IDX), and issue bonds that are rated by PEFINDO in 2012-2017. The research was conducted with quantitative methods. The analysis methods used in this study is multiple linear regression and assisted by SPSS version 20. The results of this research indicate that institutional ownership has significantly positive affect on sukuk rating, frequency of board meeting has insignificantly negative affect on sukuk rating and board size has significantly negative affect on sukuk rating and audit committee has  significantly positive affect on sukuk rating..
The Effect of Halal Awareness and Lifestyle on The Purchase Decision of Japanese Food in Jakarta Alifah Nurfajrina; Tati Handayani; Lili Puspita Sari
Journal of Islamic Economics and Social Science (JIESS) Vol 2, No 2 (2021)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (815.584 KB) | DOI: 10.22441/jiess.2021.v2i2.001

Abstract

This study uses independent variables, namely halal awareness and lifestyle to know and analyze the influence of these two variables on Muslim consumers' purchasing decisions on Japanese food in Jakarta. This research study uses quantitative methods. The source of the population taken by the researcher comes from Muslim consumers who have visited or have purchased food products from Japanese restaurants in Jakarta. For the number of samples in this study using as many as 150 respondents from consumers of Yoshinoya, Pepper Lunch, and Ramen Seirock-Ya restaurants in the Jakarta area. The data collection instrument studied was obtained by distributing questionnaires. To determine the magnitude of the influence of variables in this study, the analytical technique used is multiple linear analysis. SPSS (Statistics Package for Social science) software version 20 is the tool used to process this study. The results of the tests carried out showed that the variables of halal awareness and lifestyle had a positive and significant effect partially and jointly on the purchasing decisions of Muslim consumers on Japanese food in Jakarta.
Analysis of The Effect of Environmental Performance, Company Size, Institutional Ownership and Profitability on Islamic Social Reporting Disclosures Safira Safira; Putri Nadia Ramadhan
Journal of Islamic Economics and Social Science (JIESS) Vol 1, No 2 (2020)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (829.968 KB) | DOI: 10.22441/jiess.2020.v1i2.005

Abstract

This study aims to obtain empirical evidence of the effect of environmental performance, company size, profitability and institutional ownership on the disclosure of Islamic Social Reporting (ISR). Islamic social reporting (ISR) is still voluntary because there is no standard standard from the government. In contrast to CSR which is mandatory (mandatory). The populations in this study are manufacturing companies in the basic industrial sector and chemicals listed in the Indonesian Sharia Stock Index (ISSI) for the period 2012 - 2015. The next stage is sampling using purposive sampling with sample criteria. The data used is secondary data from the company's financial statements. The design of this research is a causal research with analysis method using multiple linear regressions. The results showed that environmental performance, company size, profitability and institutional ownership had no effect on the disclosure of Islamic Social Reporting (ISR).
Analysis of Comparison of Islamic Banks with Online Micro In Disbursements of Micro-Financing Based on Requirements, Services Speed and Margin (Case Study of Micro-finance at Bank Mandiri Syariah and Micro Credit Uangteman.com) Lucky Nugroho; Harnovinsah Harnovinsah; Yananto Mihadi Putra; Prinoti Prinoti
Journal of Islamic Economics and Social Science (JIESS) Vol 1, No 1 (2020)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (472.374 KB) | DOI: 10.22441/jiess.2020.v1i1.001

Abstract

The dynamics of the use of digital technology in the industrial revolution era 4.0 has had an impact on the financial sector. One of them is the development of financial technology (fintech) in the form of online loan services. Furthermore, the flagship product from fintech is lending to micro and small entrepreneurs. Likewise, Islamic banks that have a focus on financing to micro and small entrepreneurs must be able to compete with fintech services in the era of the industrial revolution 4.0 that is happening at this time. The purpose of this study is to analyze the different mechanisms of micro-financing distribution between Bank Mandiri Syariah and microcredit UangTeman.com. The method used is qualitative, which is to compare the requirements, mechanisms, and margins imposed on the customers and the information obtained through secondary data, namely standard and operational procedures. Based on the results of the study, the requirements and procedures for granting loans to micro and small entrepreneurs at Bank Mandiri Syariah are longer compared to UangTeman.com. While the fines for late payment in installments and interest rates on UangTeman.com are higher than the fines and margins of Bank Mandiri Syariah micro-financing. Therefore to be able to improve products and services for micro and small entrepreneurs, Bank Mandiri Syariah conducts a review of business models and business