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 118 Documents
Policy Strategy for Resolving the Post Pandemi Covid-19 Economic Crisis in Sri Lanka Wijaretne, Toshiwa
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.v3i1.2333

Abstract

This study provides an overview of the condition of the declining economy faced by cleavage world with exists plague pandemic Covid-19 as well as shape policies taken by Sri Lanka in responding to the threat of the economic crisis in future. It can be concluded that the existence of the Covid-19 pandemic has had an impact which is quite large and influential throughout the world. A number of sector affected industry even went bankrupt. With there policies taken by some countries to disconnect the spread of this virus is like barring out entry of foreign nationals into a country, self-quarantine or regional quarantine or restrictions on individual activities that have various impacts sector like sector tourism, economy etc. Individual activity restrictions and the economy has an impact for sectors such as decreased income, decreased purchasing power up to massive increase in layoffs and rising unemployment. This condition if no handled with good and serious in period long worried could raises the threat of a prolonged economic crisis, this will disrupt stability country. Policy fiscal nor monetary is effort which conducted in framework recovery economy national or could prevent happening crisis monetary which deep. The conclusion from this research is that the economy will recover in 2023 after the pandemic COVID-19 needs attention and must be resolved seriously and thoroughly with exists virus this could causing crisis in period long in field economy as well as health.
The Strength of Islamic Bank in Nigeria Facing the Economic Crisis Zuri, Nkechi; Chuka, Emeka Ifeanyi
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.v3i1.2366

Abstract

Time is ticking and times of economic crisis will continue to recur with various causes that may be different and require different solutions to problems. In Nigeria, there was an economic crisis to a food crisis, this was also triggered by the Covid-19 Pandemic, this crisis began to be felt in 2020. The research method used in this research is to use descriptive qualitative analysis. No one expects an economic crisis anywhere and anytime. Nigeria is known as a country prone to racial and religious conflicts. In 2020, the capital city of Borno state often faced conflicts between civilians. Deputy head of the UN Office for the Coordination of Humanitarian Affairs (OCHA) Nigeria, Esty Sutyoko, said Nigerians have lost their livelihoods for more than a decade. This was triggered by violence and the Covid-19 pandemic as well as food insecurity in the region. The Covid-19 pandemic began with reports of cases of pneumonia (pneumonia) with unknown causes in Wuhan, China at the end of December 2019. But on the other hand, Islamic banking has again proven that the system used is really resistant to crises, not just theory and coincidence because it has been proven three times through economic crises and the power of Islamic banking is very strong to beat conventional banking.
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.
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.
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.

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