cover
Contact Name
Aam Slamet Rusydiana
Contact Email
aamsmart@gmail.com
Phone
+6289513117552
Journal Mail Official
smartinsight.id@gmail.com
Editorial Address
Jl. Bogor Baru No No.A. 4, RT.08/RW.09, 8, Tegallega, Kecamatan Bogor Tengah, Kota Bogor, Jawa Barat 16129
Location
Kota bogor,
Jawa barat
INDONESIA
Ekonomi Islam Indonesia
Published by Smart Insights
ISSN : -     EISSN : 27156346     DOI : -
Ekonomi Islam Indonesia adalah publikasi ilmiah yang diterbitkan oleh SMART Insight yang berada di bawah lembaga riset SMART Indonesia. Sharia Economic Applied Research and Training (SMART) adalah lembaga penelitian di Indonesia yang fokus pada riset seputar ekonomi dan keuangan Islam.
Articles 61 Documents
Bibliometric Analysis of Scopus-Indexed Waqf Studies Aam Slamet Rusydiana
Ekonomi Islam Indonesia Vol. 1 No. 1 (2019): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (310.942 KB) | DOI: 10.58968/eii.v1i1.1

Abstract

This study aims to determine the development map of waqf research that is indexed by Scopus. The research was conducted in November 2019 by searching through the Scopus database with the keyword "waqf". The data analyzed were 104 publications of Scopus indexed waqf research publications. The development map of waqf research is obtained through the export process into the .txt file format. The export data is then processed and analyzed using the VOSviewer application program to find out the bibliometric map of the development of waqf research that is indexed by Scopus. The results showed that the number of publications on the development of waqf research indexed Scopus from 2010-2019 experienced a significant increase and the most were published in ISRA International Journal of Islamic Finance. Network visualization showed that the map of the development of waqf research was divided into 5 clusters. Cluster 1 consists of 10 topics, cluster 2 consists of 10 topics, cluster 3 consists of 5 topics, cluster 4 consists of 5 topics, and cluster 5 consists of 3 topics. The author who published the most research results in the field of waqf was Hidayatul Ihsan. In addition, the largest contributor to the publication of waqf research that indexed by Scopus is the Faculty of Economics and Muamalat Universiti Islam Malaysia, Institute of Islamic Banking and Finance, International Islamic University Malaysia.
Islamic Bank NPF Prevention Strategy in Indonesia Aulia Nur Cahyani
Ekonomi Islam Indonesia Vol. 1 No. 1 (2019): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (614.936 KB) | DOI: 10.58968/eii.v1i1.2

Abstract

Financing is one of the activities of channeling funds carried out by Islamic banks, one of the Islamic banks is Islamic rural banks (BPRS). Risk arising from financing is default risk assessed by the ratio of Non Performing Financing (NPF). BPRS in the area of Kabupaten Bogor have NPF values above the safe limit set by Bank Indonesia. The purpose of this study is to identify the causes and solutions to default financing and formulate strategies for preventing default financing of BPRS in Kabupaten Bogor. The method used in this study is Delphi method. The result showed that external cause is the most influential factor towards the occurrence of default financing. The most influential internal cause is the lack of analyzing capability of HR (human resources). The most influential external cause is the customer’s business which getting worse. External solution is the priority solution that need special attention. Internal solution that is prioritized is internal supervision from the head of financing. The priority external solution is educating and monitoring the use of funds. The priority of the default financing prevention strategy in this study is visiting the customers routinely.
Why Islamic Banks are Relatively More Resilient to Crisis? Hasna Maliha; Lina Marlina
Ekonomi Islam Indonesia Vol. 1 No. 1 (2019): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (462.102 KB) | DOI: 10.58968/eii.v1i1.3

Abstract

The financial crisis repeatedly struck various countries in the world in rotation, both developing and developed countries. In fact, in the modern economic period like now, the intensity is becoming more frequent and acute. Therefore, an early crisis detection system becomes important to avoid the more severe negative impact of the crisis. This study tries to examine what indicators can be used as a reference in predicting how likely there will be a crisis in a dual banking country such as Indonesia by using the binary logistic regression method. The results show interesting important conclusions. First, Islamic banks tend to have problems with liquidity (with significant FAR evidence) while conventional banks tend to have problems with solvency (significant CAR). From this, it follows that the Islamic bank will only be in crisis if the real sector is disrupted. While conventional banks will always flare up if there is a disruption of the financial crisis. Second, related to the significant M2RES variable, both in the Islamic and conventional models, this could be a result of the enactment of fiat money and fractional reserve banking system (FRBS). Though both of these are contributors to excess money supply which is quite large. So it becomes reasonable to understand if both models - both Islamic and conventional - have similar conditions. As a consequence, the Islamic banking entity is not going to be free from the adverse effects of the financial crisis. The third conclusion that is no less important is departing from the fact that the interest rate (INTR) turns out to be significant in the conventional model but not if it is in the sharia model, it can be concluded that a policy rate such as the BI-rate is very effective at controlling and influencing instruments Other monetary policies follow also the behavior of conventional banks. But on the other hand, this also indicates that conventional banking is indeed quite vulnerable to monetary shocks and financial crises. Thus, it becomes a rational reason for monetary authorities, in this case, Bank Indonesia to provide more support to the sustainability of Islamic finance and banking in Indonesia to achieve stable and optimal monetary conditions.
Comparison of Productivity and Efficiency Between Sharia and Conventional Banks Owned Government Period 2011-2018 Farid Ahmad Hamidi; Aam Slamet Rusydiana
Ekonomi Islam Indonesia Vol. 1 No. 1 (2019): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (382.05 KB) | DOI: 10.58968/eii.v1i1.4

Abstract

The purpose of this study is to analyze the comparison of the level of efficiency between time and the productivity of state commercial banks in Indonesia. State commercial banks in this case are grouped into 4 major groups including BUS, BUK, BPD, UUS. Measurement of the value of efficiency in this study uses the method of Data Envelopment Analysis (DEA). The use of the DEA method can measure the efficiency of banking by using many inputs and outputs. The continued application of the use of DEA is to use DEA Window Analysis, the result is the BUS has the best efficiency stability value with an average of 0.03 LDY then BUK with an average of 0.04, BPD with an average of 0.05 and UUS with an average an average of 0.09. Also this study wants to see the extent of the productivity of the country's commercial banks, the results using the Malmquist Index obtained BUS with the highest level of productivity with an average value of 1.008 then BPD with a value of 1.004, continued BUK 0.986 and UUS 0.964. Malmquist Index can also be used to identify where the source of the productivity value of an entity is obtained whether it comes from efficiency change or technological change so that by knowing these productivity factors it is expected that each bank can make corrections to the management of each company to increase their productivity
The Role of Zakat in Social Protection in Islamic Developing Countries: A Contributing Instrument Akmal Salim Ruhana
Ekonomi Islam Indonesia Vol. 1 No. 1 (2019): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (212.204 KB) | DOI: 10.58968/eii.v1i1.5

Abstract

Social protection has become an essential agenda in the world countries, either in developed or developing ones. It implements in varied ways and correlates with the 2030 Sustainable Development Goals (SDGs) targets, especially on poverty reduction agenda. Meanwhile, in Islamic developing countries, there is a religious-based concept, so-called zakat, which is conceptually similar with and functionally underpin social protection programs. This paper attests its similarity through a comparative study with Australian social protection concepts. Furthermore, the paper elaborates the potencies of zakat contribution on social protection particularly on addressing the poor and the vulnerable as social protection programs do. In general, the zakat system offers a huge potential of the fund for social protection, but a kind of mismanagement or such inefficiency in zakat institution, as well as political reluctance, can challenge it. This paper recommends a combination or integration between zakat system and the existing social protection system for the better social protection program and on amplifying the effect of these contributing instruments to the needy.
A Review of Zakat Studies in ASEAN Irma Durrotun Niswah
Ekonomi Islam Indonesia Vol. 2 No. 1 (2020): Ekonomi Islam Indonesia
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Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (560.243 KB) | DOI: 10.58968/eii.v2i1.7

Abstract

This study aims to determine the map of the development of zakat research in ASEAN. The data analyzed were 115 publications on zakat research publications. Map of the development of waqf research is obtained through the export process into the .txt file format. The export data is then processed and analyzed using the VOSviewer application program to find out the bibliometric map of the development of zakat research in ASEAN. The results showed that the number of publications on the development of zakat research from 2007-2019 increased significantly and was the most published in the International Journal of Business and Social Science and The Journal of Muamalat and Islamic Finance Research (JMIFR), as well as the most cited publications namely Motivations of Paying Zakat on Income: Evidence from Malaysia. The authors who published the most research results on zakat in ASEAN were Ahmad Fahme Mohd Ali and Muhammad Ridhwan Abdul Aziz. Research related to zakat is mostly done in Malaysia, where the approach used is qualitative. Network visualization shows that the co-word map of the development of zakat research is divided into 19 clusters, the visualization of density co-author of research related to zakat management in ASEAN, both related and unrelated divided into 2 clusters. There is also a visualization of the co-sources network map divided into 13 clusters, where each cluster consists of 1 journal. Keywords: Zakat; Bibliography; ASEAN
Efficiency Analysis of Local Government Expenditures Based on Islamic Human Development Index: Evidence in Indonesia Ihsanul Ikhwan; Aam Slamet Rusydiana; Nashr Akbar
Ekonomi Islam Indonesia Vol. 2 No. 1 (2020): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (776.308 KB) | DOI: 10.58968/eii.v2i1.9

Abstract

The purpose of this study was to analyze the efficiency of local government expenditure based on Islamic Human Development Index (I-HDI) in Local Government at the Indonesian’s Province using Data Envelopment Analysis (DEA). DEA is a non parametic method that was developed to measure the level of efficiency compared to the Decision Making Unit (DMU). This method can measure the efficiency of a government entity by using multi-input and multi-output. DEA result also can be used to identify wich input or output must be increased by Decision Making Unit (DMU) to reach optimum efficiency. The result from this study showed that the average of efficiency score in local government at Indonesian’s Province is increasing from 2015 until 2018. This study also indicates that North Sumatera, East Java, and Yogyakarta’s government spending were efficient in 4 years. While Bangka Belitung and West Papua achieve the lowest efficiency score, and should optimize input and increase the number of output to improve the efficiency. Morever, the main source of inefficiency is in Life birth rate indicators.
The Effectiveness of The Success of Sharia Cooperatives Development in Indonesia Abrista Devi; Isfandayani
Ekonomi Islam Indonesia Vol. 2 No. 1 (2020): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (422.839 KB) | DOI: 10.58968/eii.v2i1.10

Abstract

The purpose of this study was to analyze the efficiency of local government expenditure based on Islamic Human Development Index (I-HDI) in Local Government at the Indonesian’s Province using Data Envelopment Analysis (DEA). DEA is a non parametic method that was developed to measure the level of efficiency compared to the Decision Making Unit (DMU). This method can measure the efficiency of a government entity by using multi-input and multi-output. DEA result also can be used to identify wich input or output must be increased by Decision Making Unit (DMU) to reach optimum efficiency. The result from this study showed that the average of efficiency score in local government at Indonesian’s Province is increasing from 2015 until 2018. This study also indicates that North Sumatera, East Java, and Yogyakarta’s government spending were efficient in 4 years. While Bangka Belitung and West Papua achieve the lowest efficiency score, and should optimize input and increase the number of output to improve the efficiency. Morever, the main source of inefficiency is in Life birth rate indicators.
Islamic Financial Literacy: Developing Instruments Hasna Luthfi Khairunnisa
Ekonomi Islam Indonesia Vol. 2 No. 1 (2020): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (874.057 KB) | DOI: 10.58968/eii.v2i1.11

Abstract

The purpose of this study was to analyze the efficiency of local government expenditure based on Islamic Human Development Index (I-HDI) in Local Government at the Indonesian’s Province using Data Envelopment Analysis (DEA). DEA is a non parametic method that was developed to measure the level of efficiency compared to the Decision Making Unit (DMU). This method can measure the efficiency of a government entity by using multi-input and multi-output. DEA result also can be used to identify wich input or output must be increased by Decision Making Unit (DMU) to reach optimum efficiency. The result from this study showed that the average of efficiency score in local government at Indonesian’s Province is increasing from 2015 until 2018. This study also indicates that North Sumatera, East Java, and Yogyakarta’s government spending were efficient in 4 years. While Bangka Belitung and West Papua achieve the lowest efficiency score, and should optimize input and increase the number of output to improve the efficiency. Morever, the main source of inefficiency is in Life birth rate indicators.
Comparison of the Effect of Macroeconomic Variables on the Sharia Shares Index in Indonesia, Malaysia, and Turkey Taufik Nugroho
Ekonomi Islam Indonesia Vol. 2 No. 1 (2020): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (401.039 KB) | DOI: 10.58968/eii.v2i1.12

Abstract

The purpose of this study was to analyze the efficiency of local government expenditure based on Islamic Human Development Index (I-HDI) in Local Government at the Indonesian’s Province using Data Envelopment Analysis (DEA). DEA is a non parametic method that was developed to measure the level of efficiency compared to the Decision Making Unit (DMU). This method can measure the efficiency of a government entity by using multi-input and multi-output. DEA result also can be used to identify wich input or output must be increased by Decision Making Unit (DMU) to reach optimum efficiency. The result from this study showed that the average of efficiency score in local government at Indonesian’s Province is increasing from 2015 until 2018. This study also indicates that North Sumatera, East Java, and Yogyakarta’s government spending were efficient in 4 years. While Bangka Belitung and West Papua achieve the lowest efficiency score, and should optimize input and increase the number of output to improve the efficiency. Morever, the main source of inefficiency is in Life birth rate indicators.