cover
Contact Name
Nafiah
Contact Email
nafiah@insuriponorogo.ac.id
Phone
+6285735682845
Journal Mail Official
jief@insuriponorogo.ac.id
Editorial Address
Kampus Insuri Ponorogo Jln. Batoro Katong No. 32 Ponorogo
Location
Kab. ponorogo,
Jawa timur
INDONESIA
Indonesian Journal of Islamic Economics and Finance
ISSN : -     EISSN : 28081102     DOI : https://doi.org/10.37680/ijief
Core Subject : Economy, Social,
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.
Articles 158 Documents
The Role of Individual Characteristics, Work Life Balance and Work Discipline on Employee Performance Roehati, Cicih; Syahfira, Maflikhatus; Sulistiyowati, Lisa Harry
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 1 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i1.7019

Abstract

The objective of this research is to explore and assess the extent to which individual traits, the harmony between occupational and personal responsibilities, as well as adherence to organizational policies, influence the productivity of employees in Regional Public Companies located in West Java. This investigation utilized a quantitative approach, engaging a total workforce of 140 individuals. Following the exclusion of directors and non-permanent staff, the final sample comprised 130 respondents who filled out a structured questionnaire. The analysis of the data demonstrated that each of the three examined aspects significantly affects employee output. The statistical outcomes indicated that individual characteristics, work-life integration, and compliance with company regulations notably contribute to employee productivity, as evidenced by a significance value of 0.001, which is well below the 0.05 threshold, and t-values greater than 1.978. Moreover, the determination coefficient (R²) stood at 0.983, signifying that 98.3% of the variation in performance could be attributed to the studied variables, while only 1.7% was linked to other influences. Additionally, the correlation coefficient (R) was recorded at 0.992, reflecting a very high positive association 99.2% between the measured aspects and work performance. These results underscore the necessity of fostering a supportive work setting, encouraging favorable personal attributes, and maintaining organizational discipline to enhance employee effectiveness within Regional Public Companies in the West Java region.
The Effect of Inflation, Exchange Rate, and Rubber Production on the Volume of Rubber Exports in the Islamic Economic Perspective in Indonesia Wijayanti, Dwi; Budimansyah, Budimansyah; Devi, Yulistia
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 1 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i1.7020

Abstract

This work aims to analyze the influence of inflation, exchange rate, and rubber production on the volume of Indonesian rubber exports in the perspective of Islamic economics. Indonesia is one of the largest rubber producing countries in the world, with the rubber sector playing an important role in the national economy. Natural rubber commodity not only contributes to the country's revenue through export foreign exchange, but also absorbs large amounts of Labor and supports the downstream industry sector based on rubber raw materials. The work was conducted using panel data from ten major rubber-producing provinces in Indonesia during 2014 to 2023. The analysis method used is panel data regression with common effect, fixed effect, and random effect approaches. The outcomes showed that partially and simultaneously, the three independent elements have a significant influence on the volume of rubber exports. In the Islamic economic perspective, economic stability and Justice of distribution are important cornerstones in understanding the dynamics of export trade. This examination contributes to policy making that is fair and in accordance with Sharia principles in the management of Indonesia's export sector.
The Influence of Investment Value, Micro-Industrial Enterprises and Small Industrial Enterprises on Employment in Sumbagsel in the Perspective of Islamic Economics Melinda, Gesti Alya; Nurlaili, Nurlaili; Anita, Siska Yuli
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 1 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i1.7027

Abstract

This work aims to analyze the effect of investment value, the quantity of micro-industrial business units and the quantity of small industrial business units on employment in the sumbagsel area in 2019-2023 in the perspective of Islamic economics. In this work, the type of data used is quantitative data. Quantitative Data is data that can be measured and calculated directly, regarding information or explanation in the form of quantitys or statistics. The population used in this work is in 5 provinces in the Sumbagsel Area (Jambi, South Sumatra, Bengkulu, Lampung and Bangka Belitung Islands. The sample used in this work is the province in Sumbagsel Area. In this case, the author uses the sample of the last 5 years, namely 2019-2023. The investment value variable does not significantly affect the employment in Sumbagsel for the period 2019-2023. The variable of Micro Industry Business Unit does not significantly affect the employment in Sumbagsel for the period 2019-2023. Small Industry Business Unit variables do not have a significant effect on employment in Sumbagsel for the period 2019-2023. Investment value variables, micro-industrial business units, and small industrial business units have a significant effect on employment in Sumbagsel for the period 2019-2023. Islamic economic perspective on employment in the perspective of Islamic Economics has a broader dimension than the conventional economic approach.
The Influence of Competence, Workload and Work Discipline on Civil Servant Performance Andili, Alycia Hiko; Santoso, Soraya Nurfitrianni; Maryam, Siti
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 1 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i1.7049

Abstract

This study seeks to evaluate affects of competence, workload, and work discipline on performance of government employees within the agency. The research focused on a population of 150 permanent employees, from which a sample size of 110 was determined using Slovin formula with a 5% margin of error. Both interviews and questionnaires were used to obtain data. The study uses in addition to tests for validity, reliability, normality, multiple linear regression, coefficient of determination, t-tests, and f-tests to examine influence of each of the related independent variables on performance, both individually and jointly. The findings reveal that competence positively and significantly affects on employee performance, where as workload has a positive but statistically insignificant effect. Furthermore, a key and beneficial factor in increasing employee performance is work discipline. When analysed simultaneously, competence, workload and work discipline collectively demonstrate a substantial positive influence on employee performance, highlighting their importance in improving overall performance levels.
The effectiveness of Entrepreneurship Education on entrepreneurial Interest and the ability of Sharia-based entrepreneurship Badriyah, Hasna; Kurniawan, Muhammad; Susanto, Is
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 1 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i1.7062

Abstract

One of the key factors influencing an economy's development is entrepreneurship. Students are supposed to gain knowledge and refine their entrepreneurship abilities at universities. The purpose of this study is to ascertain whether the state Islamic University of Raden Intan Lampung's entrepreneurship curriculum is successful in producing new Sharia entrepreneurs. A sample of 61 Bachelor S1 students enrolled in the Sharia Business Management Study program at UIN Raden Intan Lampung participated in this quantitative research study. SEM analysis utilising intelligent PLS software is the data analysis method employed in this investigation. Probability sampling is the sampling technique employed in this investigation. The study's findings suggest that UIN Raden Intan Lampung's entrepreneurship education is effective since it significantly and favourably influences students' interest in and capacity for sharia-based entrepreneurship at S1 UIN Raden Intan Lampung with Sharia Business Management Study program. The findings of this study are consistent with Ajzen and Fishbein's (1985) Theory of Planned Behaviour, which holds that training and education pertaining to entrepreneurship can be considered effective if there is a positive correlation between the development of intentions and an increase in ability and success in entrepreneurship. The focus on Sharia features or Islamic economic principles in entrepreneurship, which influence people's interest and aptitude for entrepreneurship, is where this study differs from earlier research.
The Impact of Political Instability on Exchange Rate in South Africa: An Econometric Modelling Tshilidzi, Munzhelele; L, Jeke
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 1 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i1.7063

Abstract

The study examines the impact of political instability on exchange rates while adjusting for economic growth and real interest rates from 1989 to 2020. After applying the VECM model, the findings indicate a short-term correlation between exchange rates and political instability. The results of the Granger causality suggest that exchange rate fluctuations and inflation rates are not directly caused by political instability. Additionally, the ARIMA model results indicate that political instability in the long run should be anticipated to cause minor fluctuations in exchange rates. Political unrest is forecast to level off between 2021 and 2040, with a subsequent increase in the exchange rate expected. It is recommended that policymakers deal with macroeconomic conditions that affect exchange rates, such as interest rates, to stabilize the economy and avoid excessive currency appreciation or depreciation.
The Effect of Usability, Security and Quality Information on Interest in Buying Cinema Tickets Through the Tix ID Application from an Islamic Business Perspective Purbandari, Elok Fevia; Suhendar, Suhendar; Verawati, Heni
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 2 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i2.7098

Abstract

In the era of Industry 4.0 which is marked by technological advances such as the Internet of Things (IoT), artificial intelligence (AI) and big data, trading companies are encouraged to adopt technology to stay relevant and competitive. Tix Id application still has many negative user comments such as when trying to exchange tickets that have been purchased through the application, the cellphone number is not found while the user's cellphone number is still active and when the user contacts customer service, the money that should have been returned to the digital wallet account does not return. The study aims to test the direct influence of Usability, Security and Quality Information on Interest in Buying Cinema Tickets Through the TIX ID Application. This study uses a quantitative approach. The sample collection technique used in this study is Non-probablity. The technique used in sampling is purposive sampling using the Slovin formula with a sample size of 100 samples. The results obtained Usability, security and quality information have a positive and significant repercussion on the interest in buying cinema tickets for TIX ID Application Users in Bandar Lampung City. Interest in purchasing cinema tickets is permitted as long as the content being watched is halal, educational and does not contain elements of sin, and is done wisely and not excessively (israf).
Analysis of the Influence of Employment, Manufacturing Industry Sector on Industrial Agglomeration in Sumbagsel in Islamic Economic Al Wasi, Raihansyah; Zulaikah, Zulaikah; Selvina, Mia
Indonesian Journal of Islamic Economics and Finance Vol. 5 No. 2 (2025)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v5i2.7148

Abstract

The manufacturing industry in South Sumatra is experiencing rapid growth driven by investment, rising domestic demand, and supportive government policies, yet it also faces challenges such as globalization and supply chain disruptions. This study applies a quantitative method with panel data regression to analyze the impact of population, the Human Development Index (HDI), and trade openness on industrial agglomeration. The results indicate that while employment shows a positive but statistically insignificant effect, and the manufacturing sector a negative but also insignificant effect on industrial agglomeration, both variables collectively have a significant influence. From an Islamic economics perspective, the industry should be managed based on sharia principles, focusing on collective welfare and promoting cooperation over competition. In conclusion, although labor absorption and the manufacturing sector do not individually exert a significant effect, their combined influence plays an important role in shaping industrial agglomeration.
Penerapan Zakat, Infak, Sedekah, dan Wakaf sebagai Strategi Kebijakan Fiskal pada Sharia Microfinance Institution Latifah, Eny
Indonesian Journal of Islamic Economics and Finance Vol. 1 No. 1 (2021)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v1i1.841

Abstract

The purpose of this study is to determine the role and function of Zakat, Infak, Sedekah and Waqf as a fiscal policy strategy in the economy of the ummah with the approach of Islamic microfinance institutions. This research method is descriptive qualitative with a case study Approach Whose Data Analysis Uses Data Triangulation.The results showed that zakat, Infak, Sedekah and waqf as fiscal policy strategies are able to develop the economy of the ummah with an approach to financial practices that exist in Islamic microfinance institutions. The provisions for the recipient of ZISWAF funds for personnel or institutions carried out in Islamic Microfinance Institutions are adjusted to the purpose of receiving the funds.
Etika Bisnis Islam dalam Khiyar Jual Beli dengan Sistem Cash on Delivery di Ponorogo Hasanah, Renda Putri; Kadenun, Kadenun; Nafi'ah, Nafi'ah
Indonesian Journal of Islamic Economics and Finance Vol. 1 No. 1 (2021)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v1i1.877

Abstract

This research is motivated by buying and selling second hand cellphones with a cash on delivery system that is rife in the city of Ponorogo. In practice, sellers and sellers offer their wares through the Second Ponorogo HP Buy and Sell Forum group. In their activities, the buyer feels disadvantaged by the seller due to the seller's dishonest and fraudulent attitude regarding the quality and condition of the second hand cellphone being sold. The sale and purchase (COD) cash on delivery earlier has caused confusion and disputes for one of the parties, because of hidden defects. This study uses field research methods (field research) with a qualitative approach. The data used is the Second Ponorogo HP buying and selling forum contract and the khiyar practice of the Second Ponorogo HP buying and selling forum. The data sources for this research are informants who are involved and active in the Second HP Second HP Sale and Purchase Forum Ponorogo. This study resulted in; The sale and purchase contract at the Second Ponorogo HP Buying and Selling Forum was in accordance with Islamic law and Islamic ethics with the fulfillment of the pillars and conditions of sale and purchase. However, the contract was flawed due to the element of fraud on the quality of the cellphone. While in the practice of Khiyar in The Second Ponorogo HP Sale and Purchase Forum is included in the khiyar Majlis, meaning that the buyer and seller have the right to continue or cancel the transaction before leaving the place of transaction. Judging from the percentage, Islamic ethics in the practice of buying and selling above has not been fully implemented.