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 Impact of The Zimbabwe Government's Fiscal Policy on The Destruction of The Country's Economy Kudzai, Tonderai
Indonesian Journal of Islamic Economics and Finance Vol. 3 No. 1 (2023)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v3i1.2424

Abstract

This political economy study in international relations explains the impact of the government's fiscal policy on foreign loans to the IMF in 2020. The fiscal policy carried out by the Robert Mugabe government has negatively impacted Zimbabwe's economy. The land reform policy was carried out to forcibly take land belonging to white farmers and give it to supporters of Robert Mugabe's political party. The land reform policy reduced economic growth and experienced hyperinflation, and as a result, the IMF suspended aid for Zimbabwe's foreign loans. This study aims to explain the impact of land reform policies on IMF foreign loans in 2020 and describe their impact on the Zimbabwean economy. The object of this research is land reform policies in Zimbabwe. This qualitative research uses descriptive methods and collects data from books, journals, official publications, and relevant websites. This paper uses a behavioralist perspective and the theory of international economic cooperation by Anne Kruenger, Deepak Lal. The results showed that hyperinflation in Zimbabwe was terrible for society, and the IMF decided to make economic aid to Zimbabwe worse.
The Conception of Sharia Fintech Lending and Its Regulatory Preparedness in Indonesia Fikriawan, Suad; Ayu, Diyan Putri; Nafi'ah, Nafi'ah
Indonesian Journal of Islamic Economics and Finance Vol. 3 No. 1 (2023)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v3i1.2468

Abstract

This study aims to describe the concept of Sharia Fintech Lending and its regulatory readiness in Indonesia. Along with the development of technology and online lending issues that are troubling the public, sharia fintech lending grows and develops. However, the challenges of online lending make this industry little known to the public, so its development tends to be slow. In quantitative terms, this industry is not as much as conventional fintech. Therefore the government (OJK) initiated regulations for this industry supported by the DSN MUI Fatwa. However, after it was implemented, it turned out that there were many obstacles that hindered the growth of sharia fintech lending. Based on the research findings, OJK needs to review this regulation to make it more flexible and support the development of Islamic banking fintech more rapidly
Russian-Ukraine 2022 War: A Review of The Economic Impact of The Russian-Ukraine Crisis on The Several Developing Countries Pavel, Alexei Svetlana; Oksana, Dmytro Anastasiya
Indonesian Journal of Islamic Economics and Finance Vol. 3 No. 1 (2023)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v3i1.2523

Abstract

The war between Russia and Ukraine is one of the international tragedies that burden many countries today—affected countries incident war, Of course in Europe. Supply energy in Europe is almost half more originates from Russia, so war makes the area of Europe and around No stable. Another problem is war. It also involves many countries, not only Russia and Ukraine, directly. War Russia opposes Ukraine has caused enhanced consumption of energy and food on the ground in Europe. The rupture crisis economy causes enough inflation high in several countries. Therefore appearance challenges the economy in modern times. Peace and stability in the world economy should be maintained, now ravaged by war. War raises Lots of dire consequences for the world community. Among other things, the raw material price rose sharply and changed the global energy trading system. Plus, with the increased price of energy and items, attacks Russia to Ukraine, the supplier country food. As a result, food shortages threaten and influence hunger in the global community. Wartime has influenced many countries, such as increasing food and fertilizer prices. In condition this kind is necessary, there is an action real from the United Nations to complete the organization's most extensive international at this time. Due to the war between Russia and Ukraine in 2022, a crisis economy happened, plus there is Covid 19. Several impacts price of commodity oil and gas rebound high, a threat to food, and stock market shocks.
The Influence of Work Discipline and Loyalty on Employee Performance at PT. Fajar Mandiri Barokah Sumedang Regency Utomo, Sudibyo Budi
Indonesian Journal of Islamic Economics and Finance Vol. 2 No. 2 (2022)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v2i2.5249

Abstract

This research aims to determine the influence of discipline and work loyalty on employee performance at PT. Fajar Mandiri Barokah, partially and simultaneously. The research method used in this research is descriptive and verification with a quantitative approach. Descriptive analysis is used to describe respondents' responses regarding research variables. Meanwhile, verification analysis or hypothesis verification is whether there is an influence of discipline and work loyalty on employee performance. In this study, a saturated sample of 30 PT employees was taken. Fajar Mandiri Barokah Sumedang Regency. Data instrument testing was carried out using validity and reliability tests, while for verification analysis using a correlation test with the results of a simultaneous correlation between discipline and work loyalty on employee performance was 0.804 which means it has a very strong relationship, multiple linear regression analysis with the result Y = 4.910 + 0.367 x1 + 0.921 x2. a = 4.910 This shows that if the value of work discipline and loyalty is zero then the employee performance value is 4.910. b1 = 0.367 This shows that every 1% increase in work discipline will be followed by an increase in employee performance of 0.367. b2 = 0.921 This shows that every 1% increase in work loyalty will be followed by an increase in employee performance of 0.921. From the calculation of the coefficient of determination, discipline and work loyalty simultaneously have a strong influence on employee performance of 64.6%. Then, for the simultaneous F test, the decision making criteria were found to be that H1 was accepted because the value of Fcount > Ftable (24.645 > 3.35). It can be concluded that work discipline and loyalty influence employee performance at PT. Fajar Mandiri Barokah.
The Influence of Discipline on Work Performance of J&T Express Employees at Sukahaji Branch, Majalengka Regency Utomo, Sudibyo Budi
Indonesian Journal of Islamic Economics and Finance Vol. 3 No. 1 (2023)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v3i1.5250

Abstract

This research aims to find out and obtain the data and information needed to process, analyze and interpret disciplinary problems that can affect employee work performance. The object of this research is the employees of J&T Express Sukahaji Branch, Majalengka Regency. The research method used is descriptive and verification methods. The sample in this study was 25 respondents using saturated sampling. Data collection techniques are by using questionnaires, interviews and observation. Data instrument testing is carried out by means of validity testing, reliability testing, data normality testing, correlation coefficient analysis, regression coefficient analysis, determination coefficient analysis, and hypothesis testing. The results of this research state that: (1) discipline at the J&T Express Sukahaji Branch in Majalengka Regency has reached more than 60% which is proven, namely 77.1% or tcount > ttable (40.768 > 1.701). (2) work performance at J&T Express Sukahaji Branch in Majalengka Regency has reached more than 60% which is proven, namely 79.5% or tcount > ttable (51,642 > 1,701). (3) Discipline has a positive and significant effect on employee work performance at the J&T Express Sukahaji Branch in Majalengka Regency, because tcount > ttable (3.810 > 1.713). From the research results, it can be concluded that discipline influences employee work performance, this is proven by the calculation results of the tcount value being greater than ttable (3.810) > (1.713). The magnitude of the influence of discipline on the work performance of J&T Express Sukahaji Branch employees in Majalengka Regency is 38.7%, while the remaining 61.3% is influenced by other factors not researched by the author.
The Influence of Organizational Citizenship Behavior and Quality of Work Life on Employee Performance Utomo, Sudibyo Budi
Indonesian Journal of Islamic Economics and Finance Vol. 3 No. 1 (2023)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v3i1.5252

Abstract

Organizations generally believe that excellence must be maintained in order to increase performance, because performance basically affects employee performance as a whole. Therefore, to pursue and improve performance, Organizational Citizenship Behavior and Quality of Work Life are needed. This research examines how much influence Organizational Citizenship Behavior and Quality of Work Life have on employee performance. This research aims to find out and obtain data related to the influence of organizational citizenship behavior and quality of work life on employee performance, where this data will be used as material in preparing a thesis. The method used in this research is descriptive and verification methods. The research population consisted of 56 employees, and the sampling technique used in this research was non-probability sampling. Data collection techniques use interviews, observation, questionnaires and documentation. Data analysis in this study used multiple linear regression analysis. Through the results of data processing, a prediction model for the variables organizational citizenship behavior and quality of work life on employee performance can be formed as follows = 7.482 + 0.197X1 + 0.410X2. The results of data processing show that the R2 value is 0.547 or 54.7%, this illustrates that the contribution of organizational citizenship behavior and quality of work life to the increase or decrease in employee performance is 45.3% and the remaining 0.453 or 45.3% is the contribution of other variables not included in the model proposed in the research. Organizational citizenship behavior and quality of work life together have a positive and significant effect on organizational citizenship behavior on employee performance at Surya Toserba Kadipaten, Majalengka Regency.
The effect of Green Product, Green Perceived Value, and Environment Knowledge on Green Purchase Intention on Cleo Eco Green bottled water in Islamic Economic Perspective Kirana, Sari; Zuliansyah, A.; 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.v5i1.7068

Abstract

This study aims to determine the effect of green product, green perceived value, and environment knowledge on green purchase intention in Cleo Eco Green bottled water products in the perspective of Islamic economics. The method used is a quantitative approach with data collection through questionnaires involving 100 respondents in the city of Bandar Lampung. The results of the analysis showed that Green products have no significant effect on Green Purchase Intention, with a p-value of 0.600. The Green Perceived Value also had no significant effect, with a p-value of 0.070. However, Environment Knowledge was shown to have a positive and significant effect on Green Purchase Intention, with a p-value of 0.033. These findings indicate that although consumer awareness of green products is still low, good environmental knowledge can increase the purchase intention of green products. In the perspective of Islamic economics, these three variables are interconnected and can increase consumer awareness to consider the social and environmental impact of their choices.
Influence Perceived Ease of Use, Perceived Usefulness and Social Influence Against Intention to Use Video on Demand Services at Netflix Sari, Tri Novita; Purnamasari, Femei; Nurmalia, Gustika
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.v5i1.7090

Abstract

As the number of users of Video on Demand services such as Netflix continues to grow, interest in examining the factors that influence the intention to use these platforms is also increasing. This inquiry aims to explore consumer behavior toward such services from the perspective of Islamic Economics and to analyze the effects of perceived usefulness, perceived ease of use, and social influence on the intention to use Netflix among residents of Sukarame, Bandar Lampung. A quantitative approach was employed, using purposive sampling to select 96 respondents. The data were analyzed using the Structural Equation Modeling Partial Least Square method. The discoveries indicate that all three independent element s perceived usefulness, ease of use, and social influence have a positive and significant impact on the intention to use Netflix. These outcomes can serve as a valuable reference for service providers seeking to improve user experience and for scholars conducting further research on technology adoption within an Islamic framework.
The Effect of Implementing Online Presence With Selfi Application and Work Discipline on Employee Performance Putri, Rizki Dila; Fuadi, Fatih; 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.v5i2.7118

Abstract

This research aims to determine the effect of online attendance and work discipline on employee performance at the Regional Revenue Agency (BAPENDA) of Lampung Province of Lampung Province. The method used is a questionnaire with 30 respondents selected from the employees of the Regional Revenue Agency (BAPENDA) of Lampung Province of Lampung Province. This study is quantitative in nature. The data analysis technique employed in this research is PLS (Partial Least Square) using the SmartPLS 3.0 software. The findings of the study indicate that online attendance has a positive and significant effect on employee performance, and work discipline also shows a positive and significant result on employee performance. From an Islamic perspective, performance is not only measured by productivity but also by spiritual values such as trustworthiness, integrity, and responsibility. This research is conducted with an Islamic perspective and focuses on the employees of the Regional Revenue Agency (BAPENDA) of Lampung Province (BAPENDA) of Lampung Province.
Impact of Boycott Action on Financial Performance and Market Reaction Siregar, Ira Sovia; Fachrezi, Farraz Nabila; Sulistyowati, Wiwit Apit
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.v5i2.7316

Abstract

Boycott is widely recognized as a form of public protest related to the Israel–Palestine conflict, manifested through consumers’ decisions to refrain from purchasing or using products affiliated with pro‑Israel entities. This research seeks to examine the differences in companies performance in Indonesia before and during the boycott period by employing a quantitative research design. The study population comprises 268 companies listed on the Indonesia Stock Exchange from 2020-2023, with purposive sampling applied to select relevant firms. Data were processed using descriptive statistical analysis to capture shifts in key financial indicators. The findings indicate that performance measures such as ROE, ROA, CR, DAR, and DER experienced a notable decline, which in turn influenced stock prices and Trading Volume Activity. In contrast, company size remained relatively stable throughout the observed period. These declines illustrate a negative market reaction, reflecting reduced investor confidence and diminished market enthusiasm toward companies perceived to be linked with boycott‑affected products.