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Nafiah
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INDONESIA
Indonesian Journal of Islamic Economics and Finance
Published by Institut Agama Islam Sunan Giri Ponorogo
ISSN : -     EISSN : 28081102     DOI : https://doi.org/10.37680/ijief
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
Indonesian Journal of Islamic Economics and Finance E-ISSN (28081102) is a journal wich is biannually issued and publishes new editions in June and December. The journal publisher is Institut Agama Islam Sunan Giri (INSURI) Ponorogo and managed by Departement of Islamic Economics INSURI. The publication of this journal is tightly-peer with a double bind reviewed process using Open Journal System (OJS) for the magazine. The journal can be accessed openly on the website.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 15 Documents
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Search results for , issue "Vol 4 No 1 (2024)" : 15 Documents clear
Job Satisfaction as Mediator Between Organizational Culture and Employee Performance in Government-owned Bank Raintung, Rahel Debora; Warouw, Yisreel Veronica; Mandagi, Deske W.; Wulyatiningsih, Toetik
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5213

Abstract

This study investigates the mediating role of employee job satisfaction in the relationship between organizational culture and employee performance within government-owned banks. The research design selected for this study was descriptive, quantitative, and causal. A quantitative survey was conducted to gather data from 110 employees of a government-owned bank in North Sulawesi, Indonesia. Structural Equation Modeling (SEM) was employed as the primary method of data analysis facilitated by SmartPLS software. The results indicate that organizational culture significantly and positively influences job satisfaction, while job satisfaction similarly has a significant and positive impact on employee performance. Furthermore, organizational culture emerges as a significant determinant of employee performance. Additionally, the study reveals that job satisfaction effectively mediates the relationship between organizational culture and employee performance. The practical implications of these results hold significance for organizations, particularly government-owned banks, in enhancing employee performance and organizational effectiveness. By cultivating a culture that aligns with employees' values and fosters engagement, organizations can boost job satisfaction levels, enhancing overall employee performance.
Linking Social Media Marketing and Brand Loyalty: The Mediating Role of Brand Gestalt Queenditya, Sewow Cleopatra; Lovely, Lengkong Beatrix; Mandagi, Deske W.
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5218

Abstract

This study investigates the relationship between social media marketing (SMM), brand gestalt, and brand loyalty. Using a quantitative survey, this research focuses on customers of the online store VictoriaThings. A convenience sampling method was employed, resulting in 265 participants in the survey. After confirming validity and reliability, structural equation modeling (SEM) was used to analyze the hypotheses. The findings reveal a significant relationship between SMM and the four dimensions of brand gestalt (Story, Sensescape, Servicescape, and Stakeholder). Additionally, the dimensions of Sensescape, Servicescape, and Story within the brand gestalt framework emerged as significant predictors of Customer Loyalty. This study offers valuable insights for businesses aiming to develop effective social media marketing strategies that leverage brand gestalt to enhance brand loyalty and achieve strategic goals.
Tawhidi Scientific Research Program (Tsrp): Islamic Socio-Scientific Inquiry Choudury, Masudul Alam
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5366

Abstract

A process model is derived from the Tasbih-Shura nature of the Shuratic process (discursive process). The Tasbih-Shura dynamics is consultative and participatory, hence discursive in the light of the Qur'an. The imminent Shuratic process is thus a methodology associated with the meaning of the embryonic Shura as a discursive medium that spans across all domains of socio-scientific inquiry. The existence of such inherent and pervasive discursive dynamics is to be found in all realms of the natural and human order; in the abstraction of the seen and unseen worlds, about which the Qur’an speaks. The latter kind of world-system may be temporally revealed or may remain permanently hidden. Yet in all conditions, the monotheistic law makes all such domains profoundly interactive and integrative in the sense of knowledge-inducing human discursive experience and the participative complementary nature of the world-system. This kind of exercising effort (Ijtihad) is used to discover the conscious learning nature of all things (Tasbih). We will highlight the nature of the learning process emerging from interaction leading to integration, which is marked by different kinds of consensus, equilibrium, balance, and convergence towards the moral purpose. Finally, from such emergent interactive and integrative processes arise the evolutionary processes of extensive learning in continuum. Such an evolutionary epistemology carries the attained ontological and ontic (evidential) scale of the knowledge-centered Qur’anic universe into higher stages of moral consciousness. We note that although the Shuratic process, that is the participative complementary process of organic unity, is intrinsic in everything, yet the conception needs human comprehension for reflection and use. Thus analytical formalism is invoked.
Social Protection Programs and the Future of the Poor and Vulnerable in Nigeria: Notes and Reflections from Lessons of History Osewe, Akubor Emmanuel
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5397

Abstract

Existing studies argue that Social Protection Programs are designed to reduce poverty and vulnerability by promoting efficient labor markets. Therefore, the government must respect and promote the principles of non-discrimination, gender equality, responsiveness to social needs, social inclusion (including in the informal sector/economy), and respect for people's rights and dignity. This research uses qualitative field methods in the area and its surroundings. This research also uses historical documents from national archives and documentary data from newspaper reports, diaries, letters, and oral reports. The most common types of social protection include labor market interventions, social insurance, and social assistance. While this is the standard worldwide, especially in the ideal Social Contract between society and government, this has yet to be the case in most countries in the Developing World, especially Nigeria, in the last decade. So the impact is increasing poverty, neglect of older people, unemployment, disappointment, and tension, which leads to violent conflict. Therefore, this research attempts to build relationships between Nigeria's government and the Poor and Vulnerable Communities. The Nigerian government must show great commitment to the issue of social protection programs that are in line with global practices.
Quality and Promotion Analysis of Members' Decisions in Applying for Musyarakah Financing at KKS Kencong Isnaini, Nandita Febri; Mu’awwanah, Uliyatul
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5468

Abstract

In business, many things must be considered regarding operations, marketing, and services, including the world of financial institutions, both Sharia and conventional. KKS Nur Indah Abadi is a Sharia Cooperative that is growing rapidly. Of course, establishing the Nur Indah Abadi Kencong KKS will attract members and improve member policies by understanding members' hopes and needs. This research aims to determine the influence and analyze quality and promotion on the decisions of Nur Indah Abadi Kencong KKS members. This research has three independent variables: promotion quality variables X1 and X2, and one dependent variable, the member decision variable. The data analysis method in this research uses multiple regression analysis. The primary data collection tool used a questionnaire distributed to Nur Indah Abadi Kencong KKS members in this study, totaling 45 respondents. The high correlation coefficient shows that improving product quality and promotions strongly contributes to increasing member decisions in musyarakah financing at KKS (Consumer Sharia) Nur Indah Abadi Kencong. The research results show that partial quality and promotion positively and significantly affect member decisions.
The Views of Nahdlatul Ulama and Muhammadiyah Figures on Credit Transactions with a Savings System Al Munawar, Faishal Agil; Vad'aq, M. Iqbal
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5569

Abstract

As practiced by @dintwinz_home on Instagram, credit buying with a savings system offers a unique approach to transactions compared to conventional methods. Unlike typical credit purchases, this method allows buyers flexibility with payment deadlines and amounts. Customers can cancel purchases and withdraw their installment funds. This empirical study adopts a qualitative approach, utilizing interviews and documentation to explore the perspectives of Nahdlatul Ulama (NU) and Muhammadiyah figures in Malang City. Key findings include the structured stages of this buying process: (1) visiting @dintwinz_home; (2) item specification and purchase explanation; (3) initial down payment and identity submission; (4) installment recording by the seller; (5) withdrawal of saved funds if needed; and (6) item delivery upon completion. The study highlights disagreement among Muhammadiyah figures due to a perceived lack of payment clarity, whereas NU figures support the practice under mutual agreement conditions. This research provides insights into community perspectives on evolving transaction practices in digital commerce.
Integrating Information Technology and Transformational Leadership for Improved Employee Performance in Public Service Putranto, Andy Joko; Kistyanto, Anang; Wardoyo, Dewie Tri Wijayati
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5619

Abstract

Several factors influence the performance of Service Employees, both external and internal. Therefore, this research aims to find out how the use of Information Technology affects the performance of Service Employees, to find out how the transformational leadership style affects the Performance of Service Employees, to find out how the Use of Information Technology and transformational leadership style affects the performance of employees at the Magetan Population and Civil Registration Service. This quantitative research was conducted at the Magetan Population and Civil Registry Service in 2024. Data was collected through documents and questionnaires, with validity and reliability tests on 81 respondents. Research data was analyzed using multiple regression techniques. The research results show that the use of information technology influences the performance of service employees, and the transformational leadership style influences the performance of service employees. Information technology and transformational leadership style significantly affect KKN learning achievement at the Magetan Population and Civil Registry Service. Based on the results of this research, it is recommended that department heads improve employee performance by implementing a transformational leadership style and learning to utilize information technology to develop employee performance.
The Effect of Workload and Stress Through Work Motivation on Employee Performance in the Student Affairs Sector at Surabaya State University Febrianti, Nur Ismi; Witjaksono, Andre Dwijanto; Surjanti, Jun
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5638

Abstract

This work was prepared to analyze the influence of workload, work stress, and work motivation on the performance of students and alums employees of the State University of Surabaya (UNESA) who have PTNBH status. The methodology used was a quantitative Expost Facto approach using ordinal data analysis through Somer's D analysis with the SPSS version 16 application. The initial steps included conducting validity and reliability tests to ensure the data integrity of 24 student-employee respondents at Surabaya State University. The research results reveal a relationship between work stress and the motivation of student affairs employees at Unesa. Second, there is a relationship between workload and the motivation of student affairs employees at Unesa. Third, there is a relationship between work stress and the performance of student affairs employees at Unesa. Fourth, there is a relationship between workload and the performance of student affairs employees at Unesa. Fifth, there is a connection between work motivation and the performance of student affairs employees at Unesa.
Halal Food, Religiosity, and Attitudes Toward Intention to Use Products and Services of Sharia-Compliant Hotels in Lombok, West Nusa Tenggara Rusmiati, Rosida
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5699

Abstract

This study was motivated by the limited research on tourist behavior towards Sharia-compliant hotels. Lombok Island was selected for this study due to its recognition as the premier halal tourism destination in Indonesia, showcasing significant advancements and attractions that cater to the needs of Muslim travelers. Its objective is to predict how halal food, religiosity, and the attitudes of Muslim tourists influence their intention to utilize products and services offered by Sharia-compliant hotels. Structural equation modeling was employed with a sample of 154 visitors to Sharia-compliant hotels on Lombok Island, namely Grand Legi Hotel, Lombok Plaza Hotel, Lombok Raya Hotel, Pratama Hotel, and Santika Hotel. The findings reveal that both halal food and religiosity exert positive influences on attitudes, subsequently enhancing the intention of Muslim tourists to use the products and services provided by Sharia-compliant hotels. We recommend that future research explore other variables influencing tourists' attitudes and intentions to use Sharia-compliant hotel products and services. Additionally, tourism policymakers should pay attention to the importance of halal food and beverages and the religiosity of tourists to enhance the overall quality of halal tourism.
Sukuk and Inflation Dynamics in Indonesia: A Time Series Linear Model Investigation Pimada, Laila M.; Miranti, Titis
Indonesian Journal of Islamic Economics and Finance Vol 4 No 1 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i1.5716

Abstract

This study examines the impact of sukuk on inflation in Indonesia, considering the interplay of macroeconomic factors during the post-COVID-19 recovery period. Employing a time series linear model (TSLM) with monthly data from January 2019 to March 2024, we investigate the relationship between sukuk outstanding and inflation (Consumer Price Index), controlling for industrial production, exchange rate, interest rate, and Composite Leading Indicator (CLI). Results reveal a significant positive relationship between sukuk and inflation, suggesting that increased sukuk outstanding is associated with higher inflation rates. This finding contributes to the existing literature by providing empirical evidence of the inflationary impact of sukuk in Indonesia, especially in the context of post-pandemic recovery. The study also identifies significant positive relationships between inflation and interest rate, as well as inflation and CLI, highlighting their roles in driving inflation. While the exchange rate also exhibits a positive relationship with inflation, industrial production shows a negative association, suggesting a potential dampening effect on inflation. The model demonstrates strong explanatory power, with an adjusted R-squared of 0.9818, indicating that the included variables effectively capture the variation in inflation. These findings offer valuable insights for policymakers in formulating effective inflation management strategies and ensuring macroeconomic stability in Indonesia's post-pandemic recovery.

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