cover
Contact Name
Moh Agus Nugroho
Contact Email
agusnugroho@iaingorontalo.ac.id
Phone
+628114530283
Journal Mail Official
jeksyah.jurnal@iaingorontalo.ac.id
Editorial Address
Kampus II Jl. Sultan Amai Gorontalo, Kecamatan Limboto Barat, Kabupaten Gorontalo. Indonesia. 96215. Telp: +(0435) 827242.
Location
Kota gorontalo,
Gorontalo
INDONESIA
Jeksyah
ISSN : -     EISSN : 28079272     DOI : 10.54045/jeksyah
Core Subject : Religion, Economy,
JEKSYAH: Islamic Economics Journal is a peer-reviewed journal published by the Department of Islamic Economics, Faculty of Islamic Economics and Business (FEBI) State Islamic Institute (IAIN) Sulta Amai Gorontalo. Published twice a year in May and September. This journal publishes current original research on Islamic economics and business issues. This journal has become a CrossRef Member, therefore, all articles published by Islamic economics and business journals will have a unique DOI number. The open Islamic economics and business journal welcome scholars, graduate students, and practitioners to submit their best research articles relevant to the topic. Reviewers will review each submitted paper. The review process uses a double-blind review, meaning that the identity of the reviewer and the author is similar to that of the reviewer, and vice versa.
Arjuna Subject : -
Articles 51 Documents
Does Using Korean Brand Ambassadors Affect Purchase Intention? Choiriyah, Patin; Puspita, Rosana Eri
Jeksyah: Islamic Economics Journal Vol. 4 No. 01 (2024): May 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i01.1437

Abstract

This study aims to determine how strong the influence of brand awareness, marketing strategy, halal label, and price on purchase intention of Scarlett whitening x exo body lotion products in salatiga Muslim communities with religiosity as a moderating variable. This study used quantitative methods by taking primary data and distributing questionnaires to 100 respondents using purposive sampling techniques. Based on the tests: 1) Brand awareness has no positive and insignificant effect on purchase intention. 2) marketing strategy has a positive and significant effect on purchase intention. 3) Halal labels have a positive and significant effect on purchase intention. 4) price has a positive and insignificant effect on purchase intention. 5) religiosity moderates the relationship between the influence of brand awareness and purchase intention. 6) religiosity moderates the relationship between the influence of marketing strategy and purchase intention. 7) religiosity moderates the relationship between the influence of halal labeling on purchase intention. 8) religiosity moderates the relationship between the effect of price and purchase intention.
The Role of ASEAN's Rice Commodity Market Integration in Economic Stability and Food Security Daliani, Hanni Rizki; Amelia, Siska; Suri, Siti Atikah; Safitri, Anita; Nasihah, Arini; Meliana; Hasmidyani, Dwi; Budiman, Muhammad Akbar
Jeksyah: Islamic Economics Journal Vol. 4 No. 01 (2024): May 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i01.1499

Abstract

Food security is a crucial issue in economics, particularly for ASEAN countries that heavily rely on rice commodities. Climate change impacts rice production, leading to production declines and price spikes, threatening economic stability and social welfare. ASEAN has committed to strategic cooperation to protect rice supplies and prevent food crises, while increasing production and stabilizing supply through collaborative initiatives. This study employs qualitative methods and descriptive analysis in literature review to explore the implementation of ASEAN regional cooperation on rice commodities. Secondary data is utilized to understand the impact of rice commodities on food security in the ASEAN region. Through a descriptive analytical approach, this research aims to provide an accurate picture of the relationship between regional cooperation and rice commodity management in ASEAN. The results indicate that ASEAN rice market integration is vital to reduce price risks for farmers and improve food security. The establishment of a rice futures market can help manage risks and ensure stable prices, which are crucial for maintaining economic stability. Regional cooperation and harmonization of rice standards are necessary, along with improved infrastructure and financial support for farmers to sustain the agricultural sector and the economic well-being of the ASEAN region.
MSME Financing in Indonesia Islamic Banks: Impact of Third-Party Funds, ROA, and FDR Rahmanisa Aulia Safitri; Mukhtar, Saparuddin; Zahra, Siti Fatimah
Jeksyah: Islamic Economics Journal Vol. 4 No. 01 (2024): May 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i01.1507

Abstract

This research aims to analyze the internal factors of banks that influence the distribution of MSME financing at Sharia Commercial Banks. The internal factors in question are seen in terms of Bank Assets, Profitability, and Liquidity. This point of view is measured by the independent variables, namely Third-Party Funds, Return on Assets, and Financing to Deposit Ratio. This research uses time series data sourced from the Otoritas Jasa Keuangan for the period January 2021 - December 2023. Multiple regression models are used for research that employs more than one independent variable. The parameters of multiple linear regression models were estimated using the ordinary least square (OLS) method. This research analyzed publication data from the Otoritas Jasa Keuangan, covering 13 Sharia Commercial Banks, and data from various relevant journals using Eviews 10. The results of the research and hypothesis testing conducted showed that: First, partially, the Third-Party Funds and Financing to Deposit Ratio variables have a significant positive effect on MSME Financing, while the Return on Assets variable has a nonsignificant negative effect on MSME Financing for Sharia Commercial Banks. Second, simultaneously, Third Party Funds, Return on Assets, and Financing to Deposit Ratio have a significant positive effect on MSME Financing at Sharia Commercial Banks. With these results, it is hoped that this research can contribute to policy or decision making for Sharia Commercial Banks to increase financing to the MSME sector, both working capital financing and investment financing for the MSME sector in Indonesia.
Maximizing Firm Value: The Moderating Effect of CSR on Profitability and Capital Structure Vika Dyah Puspita; Sadeli
Jeksyah: Islamic Economics Journal Vol. 4 No. 01 (2024): May 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i01.1512

Abstract

In addition to analyzing the moderating effect of Corporate Social Responsibility (CSR) Disclosure, the goal of this study is to investigate the link between Profitability, Capital Structure, and Firm Value. The study's emphasis is on coal subsector firms that were listed between 2018 and 2022 on the Indonesia Stock Exchange. The study falls within the realm of explanatory research. The sampling technique uses purposive sampling. The total population in this study was 31 companies. The total sample was 11 companies that met the research criteria. The analysis technique used in this research is Moderated Regression Analysis (MRA) The findings reveal that Profitability significantly impacts Fim Value, whereas Capital Structure does not exhibit a significant effect. Furthermore, the impact of both capital structure and profitability on firm value is considerably mitigated by corporate social responsibility (CSR), particularly when using Debt to Assets Ratio (DAR) indicators. Furthermore, it is evident that taking into account both profitability and capital structure at the same time has a big impact on firm value, further enhanced when moderated by CSR.
Green Finance And Green Sukuk As Environmental Responsibility: Current Issues And Future Challenges Nugroho, Moh Agus; Fadhilah, Nurul; Okeke, Frankline C.S.A
Jeksyah: Islamic Economics Journal Vol. 4 No. 01 (2024): May 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i01.1518

Abstract

This study attempted to find out the research development in the field of green finance and green sukuk as environmental responsibility, especially in Scopus indexed journal using PoP devices. This research conducted bibliometric methods using VOS viewer. The results indicated that the year of research publication, from 2010 to 2022, shows the growth in the number of research publications. The highest number of articles published in 2020 with total publication of 38 articles. This number is quite higher compared to the previous five years. In early 2010, research on green finance and green sukuk as environmental responsibility was less fascinating for researchers to review since there were only 4 research articles published and indexed by Scopus. Topics that still rarely discussed are related to green finance and green sukuk, such as energy, strategy, carbon emission, role, company, financial performance, country and others. The researchers who contributed the most in the field of green finance and green sukuk namely; Azhgaliyeva D (3 articles), Bergset L, Morea D, Naeem Ma, Su Y, Taghizadeh-Hesary F, Yin W, Yuan H, Zhang D, Agyabeng-Mensah Y and Zhang Y. Each of the researcher contributed 2 research articles respectively. Future research should explore the impact of government policies, the role of technology, and the integration of ESG factors in green finance and sukuk.
Transforming Community Welfare with Cash Waqf Education: A Case Study of Riak Siabun Village in Seluma District Friyanti, Yunida Een; Syaifuddin; Pramadeka, Katra; Hartini, Kustin; Afrianty, Noni
Jeksyah: Islamic Economics Journal Vol. 4 No. 02 (2024): September 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i02.1765

Abstract

This study aims to determine the literacy of the community before and after the implementation of education on the optimization of cash waqf management so that it can encourage the welfare of the people of Riak Siabun I Village, Seluma Regency about the optimization of cash waqf. The method used is the Community Based Research (CBR) approach. The sample of this research amounted to 100 people. The results of this study indicate that the understanding of cash waqf in increasing interest in waqf based on the pretest results is still diverse. In addition, only some of them understood about cash waqf but not so far understood and only some of them were interested in waqf money. However, the posttest results showed a significant increase in the participants' understanding based on the results of the post-test, 100% already knew clearly about cash waqf. Efforts to increase the understanding of Riak Siabun I Village, Seluma Regency regarding cash waqf were successful.
The Role of Zakat, Infaq, and Shadaqah In Shaping Indonesia's Macroeconomic Landscape: A Five-Year Study Nurfitriani
Jeksyah: Islamic Economics Journal Vol. 4 No. 02 (2024): September 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i02.1770

Abstract

The aim of this research is to analyze the impact of Zakat, Infak, and Shadaqah (ZIS) on the macroeconomy (poverty, unemployment, HDI, Gini ratio, and GDP) in Indonesia and to evaluate the effectiveness of BAZNAS's management of ZIS in reducing poverty and enhancing community welfare. Data from 29 provinces in Indonesia were analyzed using a combination of econometric models, including Fixed Effect Models (FEM) and Random Effect Models (REM), to account for both time-invariant and time-varying factors. The research also employed regression analysis to determine the impact of ZIS on various economic and social variables. The results show that ZIS has a significant impact on various economic and social aspects. ZIS can explain 99.8% of GDP variability, indicating a substantial contribution to economic growth. Additionally, ZIS significantly impacts unemployment (11.6%), poverty (4.3%), and income inequality (96.6%). Finally, ZIS shows a very strong positive impact on the Human Development Index (HDI) with an adjusted R-squared of 98.7%. However, the results also indicate that other factors influence unemployment and poverty, requiring additional approaches to address these issues. Overall, ZIS can be an effective strategy for improving community welfare and reducing social inequality.
Determinants of Profitability of the Islamic Life Insurance Industry in Indonesia Raissa Hafsari, Juliana; Mukhsin, Moh; Pardiansyah, Elif
Jeksyah: Islamic Economics Journal Vol. 4 No. 02 (2024): September 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i02.1772

Abstract

The purpose of this study is to ascertain how economic growth and company-specific variables affect the profitability of Islamic life insurance in Indonesia. This study employed a quantitative approach using a descriptive methodology. The sampling technique used purposive sampling with a sample of 10 Islamic Life Insurance companies in Indonesia. The results of this study indicate that partially the leverage variable has a negative and significant effect on profitability. Premium growth variable has a positive and significant effect on profitability. The variables of company size, tangibility, liquidity, and economic growth have no effect on profitability. While simultaneously the variables of company-specific factors (company size, leverage, tangibility, premium growth, and liquidity) and economic growth have a significant effect on profitability.
Poverty, Unemployment, and HDI Impact on ASEAN Economic Growth: An Islamic Approach Pratomo, Dimas; Oktanira, Celsi; Kurniawan, Muhammad; Ar-Royyan Ramly
Jeksyah: Islamic Economics Journal Vol. 4 No. 02 (2024): September 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i02.1774

Abstract

This study aims to investigate the relationship between the Human Development Index (HDI), the Poverty Rate, and the Unemployment Rate in five ASEAN countries between 2018 and 2022 from an Islamic economic perspective. This research is quantitative in nature and uses panel data, which is a combination of cross-sectional and time series data. The cross-sectional data in this study covers five ASEAN countries, while the time series data spans the last five years, from 2018 to 2022. Panel regression analysis was conducted using the Random Effect Model, which is the best model, with the assistance of the E-views 12 program. The study's population includes all ASEAN countries. Purposive sampling technique was used in this study, with the selection criteria being the five countries with the highest per capita income in 2022. The study's results indicate that the variables of unemployment, poverty, and HDI simultaneously affect economic growth. Poverty has a negative and significant impact on economic growth. Unemployment has a negative but not significant impact on economic growth. Additionally, HDI has a positive and significant impact on economic growth. From an Islamic perspective, economic growth is seen as a tool for enhancing both material and spiritual welfare, aligning with Sharia principles and emphasizing justice and holistic development.
The Role of Affinity Group in Improving Welfare in Maqashid Shari’ah Perspective Imari, Iqbal; Armina, Sheema Haseena; Waskito, M. Agus
Jeksyah: Islamic Economics Journal Vol. 4 No. 02 (2024): September 2024 Edition
Publisher : Fakultas Ekonomi dan Bisnis Islam _ IAIN Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54045/jeksyah.v4i02.1805

Abstract

The purpose of this study is to clarify the role of Independent Women's Affinity Groups and to examine the maqashid shari'ah (Hifdzul Maal) in their operations to assist the Ngunut Village. This research is primarily qualitative. Collection of data methods include observation, interviews, and documentation in order to acquire accurate, objective, and concrete results. Simply describe the questionnaire used during data collecting to strengthen qualitative data. The observation and interview results suggest that the welfare situation of the communities in the hamlet of Ngunut is typically positive and improving. Proven through the use of natural resources by productive organizations, human resources through recitation, and the provision of training all contribute to the growth of knowledge and skills. Social capital, which includes capital fertilization for savings and loans, as well as collaboration among groups, governments, and private individuals, all contribute to the development of social skills. The questionnaire findings show how many members benefit from the Independent Women's Affinity Groups, including greater income. While, according to the Maqashid Shari'ah (Hifdzul Maal) evaluation, the Independent Women's Affinity Groups are performing successfully and in accordance with Islamic Shari'ah. According to DSN-MUI Fatwa Nomor 11/DSN-MUI/IV/2000, Independent Women's Affinity Groups' contracts do not violate the applicable requirements. Members will have even greater convenience in enhancing their welfare.