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 171 Documents
Strategies of the Baduy Community in Navigating Economic Fluctuations During the COVID-19 Pandemic Yakin, Ikin Ainul; Ardiyansyah, Muhammad Ridho
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i1.672

Abstract

The COVID-19 pandemic has significantly impacted the global economy, and Indonesia is no exception. The economic decline in Indonesia has affected the entire nation, including the province of Banten. Amid this crisis, researchers have shown interest in studying the Baduy community's response to the pandemic. This research aims to determine if the Baduy community has been affected by the economic impacts of COVID-19, to explore the strategies they employ to mitigate these impacts, and to identify the values within Baduy society that help them navigate economic challenges. The research seeks to answer several key questions: Has the Baduy community been directly affected by the economic impact of COVID-19? What strategies does the Baduy community use to cope with these economic challenges? What values inherent in Baduy society help them avoid the adverse economic effects of the pandemic? To achieve these objectives, the research employs an ethnographic method well-suited for social science research. Ethnography emphasizes immersion, personal experience, and active participation, rather than mere observation, by researchers trained in this qualitative research approach. The findings reveal that the Baduy people perceive COVID-19 and its consequences as natural events willed by God. This perspective, combined with their simple lifestyle and values of gratitude, modesty, and contentment, helps the Baduy community remain calm and resilient in facing life's challenges. Their approach to living—avoiding luxury and accepting life as it comes—contributes to their ability to weather economic fluctuations during the pandemic
Unemployment Alleviation Strategy Through The Implementation of Zakat Commandment Syamsuri, Syamsuri; Mabarroh, Inda Taqiya; Nurfattah, Arizqiya; Shuib, Mohd Sollehudin
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.576

Abstract

Zakat has an important role as an instrument to realize income equality and maintain balance in society, one of which is overcoming unemployment. This research aims to find out how the strategy of distributing zakat funds can alleviate unemployment by Islamic law. This research examines the theoretical relationship between the pattern and mechanism of zakat management, viewed from a sharia perspective, and its economic impact. This is literature research by reviewing books and journals discussing productive zakat in poverty alleviation efforts. This study is a descriptive comparative analysis. The data collected is analyzed using the content analysis method, a technique used to analyze the meaning of the data collected through literature research. The results of this study indicate that the role of zakat in overcoming unemployment is getting better economically through the distribution of consumptive zakat. The consumptive assistance will increase Mustahik's purchasing power to meet their needs. The increase in purchasing power has a positive impact on increasing a company's production. With the increasing demand for the product, companies need to improve their production capacity. The company will hire more labour to meet the increased demand, and consequently, the problem of unemployment can be overcome
The Impact of Macroeconomic and Monetary Policy on the Indonesia Islamic Index Rachmawaty, Rachmawaty
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 15, No 2 (2024)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i2.704

Abstract

Global economic uncertainties, such as fluctuating commodity prices, geopolitical tensions, and the ongoing effects of the COVID-19 pandemic, continue to influence market dynamics, requiring adaptive monetary policies to support economic recovery and stability. In order to have a better understanding of how monetary policy instruments designed for Islamic finance impact the Sharia stock market and how the uncertainty of macroeconomics can drive the fluctuation of the Sharia stock market, there are two obtained indicators were used, namely Jakarta Islamic Index (JII) represent the liquid stock and Jakarta Islamic Stock Index (ISSI) represent the whole stock in Sharia stock market. The method used ordinary least square using E-VIEWS 10, with independent variables such as money supply, economic growth, inflation, and exchange rate. Data was observed from 2012 up to 2023. The results of this research indicate that JII and ISSI exhibited similar reactions only to changes in inflation. However, their responses diverged regarding changes in the exchange rate, money supply, and economic growth. Notably, a significant impact was observed only from the money supply on ISSI and from the simultaneous effects of the exchange rate, money supply, economic growth, and inflation on ISSI.
Islamic Economic Perspective on The Implementation of Zakat in Promoting Economic Growth Ainia, Zawida; Humaidi, Muchtim
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 15, No 1 (2024)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i1.615

Abstract

This study aims to find out how the implementation of zakat in encouraging economic growth. The research method used in this study is qualitative type with a descriptive approach method.   The data collection technique uses library research techniques. To increase the economic growth of the community, what must be done by the BAZNAS institution is to emphasize the function of zakat. The inhibiting factors in the implementation of zakat to help increase economic growth are caused by several factors, namely, knowledge about the importance of zakat has not been well socialized, and there is still a lack of muzakki trust in amil zakat in zakat management. Furthermore, zakat also plays a role in economic growth. With the zakat given to mustahiq, the purchasing power of an item will increase and have an impact on increasing the production of a company which means there will be an increase in production capacity and can add to the country's economy aggressively.
Factor Influencing of GCG and Service Quality to Increase Customer Loyalty in Islamic Bank Zarkasyi, Muhammad Ridlo; Nurfattah, Arizqiya; Kamaluddin, Imam; Cahyani, Meitria
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 15, No 2 (2024)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i2.753

Abstract

This research aims to find out the effect of service quality and the implementation of GCG on customer trust, knowing the effect of trust on customer loyalty, and knowing the effect of service quality and the implementation of GCG on customer loyalty. The data that was successfully collected was then analyzed using SEM with AMOS 24 software. The findings in this study state that: a) The implementation of GCG affects customer trust, as well as the quality of service, and has a positive influence on customer trust. b) There is a positive and significant influence of customer trust on customer loyalty. c) the quality of service and the implementation of GCG do not affect customer loyalty. The existence of the customer trust factor as a mediator is getting stronger with no positive influence on service quality and GCG distribution on customer loyalty.
Leveraging Blue Ocean Strategy: Cutting-Edge Approaches to Cafe Management Development Ningrum, Laila Dwi; Yafiz, Muhammad; Harahap, Muhammad Ikhsan
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 15, No 2 (2024)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i2.717

Abstract

In an increasingly competitive cafe market, innovation as a primary strategy is crucial to enhancing competitiveness and business growth in Tanjung Morawa. However, the challenges of effectively implementing innovation in cafe management may hinder cafes' ability to adapt to changing market trends and fluctuating consumer preferences quickly. Therefore, this research explores the role of innovation as a survival strategy in cafe management in Tanjung Morawa. Using the Blue Ocean Strategy approach, the study analyzes how innovation can enable cafes to create or redefine markets by offering unique value propositions and distinguishing themselves from competitors. The research methodology is descriptive qualitative, utilizing primary and secondary data sources, including surveys, interviews, documentation, and data analysis. Key informants include the owners of Skala Coffee, Cafe Abah Awak, and Selow Time Coffee. Data analysis techniques involve data reduction, presentation, and conclusion drawing. Findings demonstrate that innovation plays a crucial role in enhancing cafe competitiveness, with factors such as monitoring market trends, flexibility in responding to change, product quality, pricing, service delivery, and customer experience identified as keys to success. The practical implication of this research is that cafe owners must continue to foster innovation as part of their survival strategy in a competitive market environment.
The Effects of Unemployment, Management of Zakat Funds, and Economic Expansion on Poverty Alam, Azhar; Suratman, Asyifa Syauqi; Setyowati, Eni
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 14, No 2 (2023)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v14i2.501

Abstract

This study aims to determine whether there is an impact of unemployment, management of zakat funds, and economic growth on poverty. With data sources from the Central Statistics Agency and BAZNAS from 2015-2020, the study used Ordinary Least Square (OLS) regression analysis to test the effect of independent variables on dependent variables. The results of this study show that zakat has a significant negative influence on poverty rates. Unemployment in this study shows its considerable effect on poverty. Meanwhile, economic growth has no significant impact on the poverty rate. The findings recommend that the government evaluate economic growth that the poor still need to enjoy fully. This research is also expected to pave the way for the community to know the role of zakat and economic growth in helping fellow human beings and also helping the country. The government can also contribute to increasing community socialisation about the impact of zakat on the country.  
Analysis of Community Perceptions on Halal Certification for Packaged Food Products Saragih, Dini Setiana; Syahbudi, Muhammad; Bi Rahmani, Nur Ahmadi
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 15, No 2 (2024)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i2.737

Abstract

This study provides valuable insights into the perceptions of Silou Paribuan Village residents regarding halal certification, enhancing the understanding of consumer behavior in rural settings. The research analyzes how these residents perceive halal certification when purchasing packaged food products. A qualitative descriptive method was used, drawing on consumer behavior theory and Sharia economic principles to explore these perceptions. Data was gathered through interviews and surveys, with 96 individuals selected from a total population of 2,375 using the Slovin formula with a 10% margin of error. Simple random sampling was employed to ensure representative participation. The data was collected via a questionnaire that utilized a Likert scale to gauge respondents' attitudes. The analysis applied consumer perception theories, including attribution, gestalt, product quality, and marketing communications. The results revealed that the perception of halal certification among Silou Paribuan Village residents is generally positive, with an average score of 74%. Most respondents recognized the importance of halal certification when choosing packaged food products. However, the study's focus on a single village may limit the generalizability of its findings to broader populations or different cultural contexts.
Management and Allocation of Productive Zakat to Enhance The Economic Welfare of Mustahik Saprida, Saprida; Raya, Fitri; Umari, Zuul Fitriani
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 15, No 1 (2024)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i1.642

Abstract

This study aims to determine the management and distribution of productive zakat and to find solutions to improving the mustahik economy. This research uses library research, namely research carried out by searching literature (library) in journals, notes, and reports on research results from previous studies. The results of this study are that the distribution method of zakat productive consists of two forms: First, zakat is submitted directly to mustahik for development. It means 'ayn al-zakah, which is attached to mustahik, so zakat becomes the full property of mustahik. This kind of distribution is also called the distribution of zakat productive as non-investment or traditional productive. Second, the distribution of zakat productive in the form of investment, namely zakat, is not directly handed over to mustahik or termed creative productive. Productive zakat funds are intended for business capital or additional business capital. So, the funds given do not just run out; the funds will be managed into a business and generate income. This income will meet life's needs and prosper the mustahik family's economy. Mustahik, who manages productive zakat funds used as a business, will generate additional income to increase the income.
Assessing Financial Performance's Influence on Financing Risk in Indonesia's Islamic Commercial Banks Efendamara, Peppy Ayu; Sudarsono, Heri; Perdana, Andika Ridha Ayu
ISLAMICONOMIC: Jurnal Ekonomi Islam Vol 15, No 2 (2024)
Publisher : Universitas Islam Negeri Sultan Maulana Hasanuddin Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32678/ijei.v15i2.661

Abstract

This research aims to determine the long- and short-term relationships between the Return on Asset (ROA), Financing to Deposit Ratio (FDR), Operational Costs to Operational Income (BOPO), Industrial Production Index (IPI), and inflation on financing risk or Non Performing Financing (NPF) at Sharia Commercial Banks in Indonesia. This study uses secondary data obtained from publications by the Financial Services Authority and the Central Statistics Agency for the period January 2015 to June 2023. The the Auto-Regressive Distributed Lag (ARDL) method was used with the help of Eviews 12.0. The results show that in the long term, the ROA variable has a negative and significant effect on NPF. The FDR and BOPO variables have a positive and significant effect on NPF. However, Inflation and IPI variables have no long-term effect on NPF. In the short term, ROA and BOPO influence NPF. Meanwhile, the FDR, Inflation and IPI variables had no influence on NPF in the short term.