cover
Contact Name
Asep Dadan Suganda
Contact Email
asep.dadan@uinbanten.ac.id
Phone
-
Journal Mail Official
islamiconomic@uinbanten.ac.id
Editorial Address
Jurusan Ekonomi Syariah, Gedung Fakultas Ekonomi dan Bisnis Islam, UIN Sultan Maulana Hasanuddin Banten
Location
Kota serang,
Banten
INDONESIA
Islamiconomic: Jurnal Ekonomi Islam
ISSN : 20853696     EISSN : 25414127     DOI : 10.32678/ijei
Islamiconomic: Jurnal Ekonomi Islam (IJEI) is a periodical scientific publication intended for economists who want to publish their articles in the form of literature studies, research, and scientific development in the field of Islamic economics. IJEI was first published in 2009 which is annually published twice (June and December). IJEI works closely with the Islamic Economist Association (Ikatan Ahli Ekonomi Islam) and Islamic Economic Society (Masyarakat Ekonomi Syariah) which provides editorial members, peer reviewers, and authors, both are professional associations related to IJEI aims and scopes. IJEI invites manuscripts in the areas: Islamic Economics, Islamic Banking, Islamic Business, Islamic Management, and Islamic Finance.
Articles 5 Documents
Search results for , issue "Vol 12, No 2 (2021)" : 5 Documents clear
The Efficiency and Effectiveness of The Distribution of Zakat Funds in Yogyakarta 's Baznas Muhammad Lutfi Hidayatulloh; Ade Nur Rohim; Sahlan Hasbi
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 12, No 2 (2021)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat (LP2M) Universitas Islam Negeri (UIN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1541.1 KB) | DOI: 10.32678/ijei.v12i2.294

Abstract

Zakat is one of the instruments of economic development that is still minimal in maximizing its potential. Although the collection and distribution continues to increase every year, in fact there are still many problems in the zakat management organization. These problems include inefficiency in operational costs and HR costs in the Zakat Management Organization and the ineffective distribution of zakat to be able to convert mustahik into muzakki. This study aims to analyze the level of efficiency and effectiveness of the distribution of zakat funds in Yogyakarta’s Baznas. The research method uses a descriptive qualitative approach with secondary data from the publication of the Yogyakarta’s Baznas financial statements in 2017 – 2019 using an efficiency ratio with the Zakat Core Principle and Allocation to Collection Ratio. The results showed that the level of efficiency by using the total operating costs for the total amil rights, the total operational costs for the total collection and the total HR costs for the total collection for three years of operation was running efficiently. At the level of effectiveness using Gross ACR, Gross ACR Non-Amil, Zakah Allocation Ratio and Zakah Allocation Ratio Non-Amil has been effective for three years of operation. Recommendations from researchers are to always improve the collection and distribution of zakat funds so that they remain in the efficient and effective category.
Analysis of The Impact of Macroeconomic Variables on The Sharia Index of Indonesia Rahmat Fitriansyah; Darwanto Darwanto
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 12, No 2 (2021)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat (LP2M) Universitas Islam Negeri (UIN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1427.436 KB) | DOI: 10.32678/ijei.v12i2.259

Abstract

This study intends to analyze the impact of macroeconomic variables on the indonesian sharia stock index. using vector error correction modeling (vecm) and variable money supply, industrial production index, consumer price index, exchange rate, bank interest rates, and indonesian sharia bank certificates as independent variables. findings / originality: the results show that the industrial production index, the exchange rate has a significant positive effect and the variable money supply, the consumer price index, and the sharia bank indonesia certificate have a significant negative effect on issi. granger's causality results prove that only the money supply and industrial production index have causality, but there is a one-way relationship including the indonesian syariah bank certificate to the money supply, the exchange rate, and the consumer price index. bank interest rates on sharia indonesia bank certificates, sharia indonesia bank certificates against consumer price indexes and exchange rates, and industrial production index.
Implementation of Murabahah Agreement on Peer to Peer Lending Platform Muhammad Irkham Firdaus; Haerul Akmal; Setiawan bin Lahuri
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 12, No 2 (2021)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat (LP2M) Universitas Islam Negeri (UIN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1312.023 KB) | DOI: 10.32678/ijei.v12i2.249

Abstract

ABSTRACTPeer to Peer Lending is the best solution for MSME entrepreneurs, so the development of start-up is very fast. Ease in the mechanism offered is a major factor in accelerating the growth of the start-up. So that, it makes to began for developing several Peer to Peer Lending platforms in Indonesia. But, the system used is still based on the conventional economic system, which still takes advantage of the interest system while interest is strictly prohibited in Islam. Interest in Islamic Economics is analogous as usury. Whereas in fiqh muamalah, lawful transactions are transactions that are independent of the maghrib elements (maisyir, gharar, and usur). So that, the Peer to Peer Lending transaction is independent of the maghrib elements, the researcher will create a Peer to Peer Lending design that is in accordance with Islamic economic principles, by implementing the murabahah contract on the Peer to Peer Lending transaction. So, the benefits taken do not use the usury system.
Analysis Efficiency of Islamic Bank in Indonesia and Saudi Arabia With Data Envelopment Analysis Approach Ilham Hibatullah; Anggita Nurcahyani
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 12, No 2 (2021)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat (LP2M) Universitas Islam Negeri (UIN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1256.601 KB) | DOI: 10.32678/ijei.v12i2.306

Abstract

This study aims to measure the level of performance efficiency of Islamic banks in Indonesia and Saudi Arabia from 2018 to 2020; and Analyzing improvement targets that can be carried out by Islamic banks in Indonesia and Saudi Arabia to achieve optimum performance using the Data Envelopment Analysis (DEA) method. Data analysis was carried out using the MaxDEA program version 8.2. The sampling technique in this study was done by purposive sampling. The object of this research is the 4 largest Islamic banks in each country. Input and Output Variable data are obtained from financial reports from 2018 - 2020. The results show that the average efficiency value of Indonesian Islamic Banks is higher than the average efficiency of Saudi Arabian Islamic Banks in the 2018 and 2019 periods. using both the CRS and VRS models. As for the 2020 period, the opposite applies where the average efficiency value of Saudi Arabian Islamic Banks outperforms Indonesian Islamic Banks with the same two measurement models. As a whole, the average efficiency value of Saudi Arabian Islamic Banks is superior to the CRS model, while the Indonesian Islamic Bank's VRS model has a higher average efficiency value.
Determinant of Sharia Stock price Evidence Sharia Stock Price in Indonesia and Malaysia Syofi Aruni Mafaza; Atika Rukminastiti Masrifah; Eka Risana Putri; Anisa Rosdiana Zein
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 12, No 2 (2021)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat (LP2M) Universitas Islam Negeri (UIN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1192.574 KB) | DOI: 10.32678/ijei.v12i2.268

Abstract

In attendance of sharia capital market shows that the improvement and development. It is can be considered from the majority moslems on investment. Then, the author attracted to compare the sharia stock price in both country. To determine the sharia stock price in Indonesia and Malaysia, it is caused by external factors and internal factors. The author attracted to analyze the determinant of stock price in both countries,the variables and systematic risk, that is EPS, BVPS, Dividend, and Beta. The researcher used panel regression in analyze nine companies in Indonesia and Malaysia. The result from this study shows that the fundamental factors which consist of EPS, BVPS, dividend, and beta have not significant impact on the sharia stock price in Indonesia although in Malaysia. They are many reason to explain the result of study. First reason, we used sharia stock in Indonesia which represented by JII and Malaysia which represented by FBHSM where both of capital market are sharia which the companies did not see on profit to determinant sharia stock price.  Second reason, it is totally different, when we do the research in sharia stock and if we considered from muslims insvestors perspective we conclude that the muslims investor more to prioritize the religious aspect than the other aspect. The different about sharia and conventional capital market are in screening method to determine the stock and sharia stock. Third reason, It is caused by the other factors from external

Page 1 of 1 | Total Record : 5