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Contact Name
Yuli Andriansyah
Contact Email
yuliandriansyah@uii.ac.id
Phone
+6285369607374
Journal Mail Official
jurnal.lariba@uii.ac.id
Editorial Address
Gedung K.H. A. Wahid Hasyim, Kampus Terpadu UII, Jl. Kaliurang KM 14,5, Besi, Sleman, DI Yogyakarta, 55584
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Journal of Islamic Economics Lariba
ISSN : 24774839     EISSN : 25283758     DOI : https://doi.org/10.20885/jielariba
Journal of Islamic Economics Lariba provides a platform for academicians, researchers, lecturers, students, and others having concerns about Islamic economics, finance, and development. The journal welcomes contributions on the following topics: Islamic economics, Islamic public finance, Islamic finance, Islamic accounting, Islamic business ethics, Islamic banking, Islamic insurance, Islamic human resource management, Islamic microfinance, Islamic capital market, and other relevant Islamic economic and financial studies.
Articles 30 Documents
Search results for , issue "Vol. 10 No. 1 (2024)" : 30 Documents clear
Purchase intention of Sariayu cosmetics among Muslim university students as viewed from green product and product quality: An Islamic economic perspective Yati, Fenni Windi; Syahbudi, Muhammad; Harahap, Muhammad Ikhsan
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art13

Abstract

IntroductionThe worsening environmental conditions motivate beauty industries to pay attention to ecological aspects in running their businesses, namely creating environmentally friendly (green products) of good quality. ObjectivesThis study aimed to determine whether green products and quality affect purchase intention.MethodThe research method used is a quantitative approach. The population was female students of the Fakultas Ekonomi dan Bisnis Islam, Universitas Islam Negeri Sumatera Utara Medan, and the sample size was 98 respondents. The analysis technique in the study used multiple linear regression, and the data was processed using SPSS.ResultsThe results showed that the green product and product quality together positively affected purchase intention.ImplicationsThis research provided insights for the beauty industry to enhance their involvement in environmentally friendly products without neglecting their quality.Originality/NoveltyThis study contributes to enriching studies on halal cosmetics among Muslim consumers from an Islamic perspective in Indonesia.
The influence of halal fashion, lifestyle, and brand image on Gen Z's hijab fashion preferences in Indonesia Rahman, Riski; Indra , Indra
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art14

Abstract

IntroductionThe hijab is an important part of the daily lives of Muslim women in Indonesia. Several studies have been conducted regarding hijab preferences. However, research focusing on Generation Z is still limited. ObjectivesThis research aims to explain how fashion trends, lifestyle, and brand image influence hijab fashion preferences.MethodThis research uses quantitative research methods. The data collection technique used was a questionnaire for 104 respondents, with the criteria being Muslim women who were hijab consumers aged 11-26. The collected data was analyzed using the SEM-PLS approach.ResultsThe results of this research show that halal fashion, lifestyle, and brand image have a significant influence on hijab fashion preferences. Lifestyle variables have the most dominant influence.ImplicationsThe theoretical implications of this research indicate the need for a holistic approach to understanding Generation Z consumer behavior in the context of hijab fashion.Originality/NoveltyThis research shows the importance of collaboration between the fashion industry, religious institutions, and the government to develop regulations that support the growth of a high-quality hijab fashion industry in accordance with religious values.
Factors influencing interest in saving at Islamic bank: A study on the merchants of Pasar Besar in Malang City Rahmawati, Laila; Yayuk Sri Rahayu
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art16

Abstract

IntroductionThe development of Islamic banks in Indonesia is pivotal for the growth of the Islamic economy, given the country's majority Muslim population. However, the adoption rate of Islamic banking services remains relatively low compared to the overall Muslim population, highlighting the need to understand the factors influencing customer interest in saving with Islamic banks.ObjectivesThis study aims to examine the impact of Sharia labels, product knowledge, and location on the interest in saving among merchants in Pasar Besar, Malang. Specifically, it seeks to determine how these factors individually and collectively influence customers' decisions to save in Islamic banks.MethodA quantitative research approach was employed, utilizing non-probability purposive sampling to gather data from 135 respondents through questionnaires. The analysis was conducted using IBM SPSS to perform validity, reliability, normality, heteroscedasticity, multicollinearity, and multiple linear regression tests to validate the hypotheses.ResultsThe findings indicate that Sharia labels, product knowledge, and location significantly affect the interest in saving. Specifically, the t-test results show that each variable has a statistically significant impact, with t-values greater than the t-table value of 1.978. Additionally, the F-test confirms that these variables collectively influence the interest in saving, with an F-value of 50.579 exceeding the threshold of 2.67.ImplicationsThe study's implications for further research suggest exploring additional factors such as customer service quality and financial incentives, and employing mixed-method approaches to gain deeper insights. For policymakers and Islamic banks, the findings highlight the importance of enhancing Sharia compliance visibility, improving customer education on Islamic banking products, and strategically locating bank branches to attract more customers.Originality/NoveltyThis study offers a novel exploration of the combined effects of Sharia labels, product knowledge, and location on saving interest in the context of Islamic banking. It provides new insights into customer behavior in a specific market segment, contributing to the broader understanding of factors that influence the adoption of Islamic financial services.
A comparative analysis of factors determining the value of the Indonesian Sharia Stock Index (ISSI) before and after the Covid-19 Franadita, Dwi; Daulay, Aqwa Naser; Dharma, Budi
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art15

Abstract

IntroductionThe Covid-19 pandemic had profound impacts on global financial markets, prompting extensive research to understand how various economic sectors, including sharia-compliant stocks, responded to the crisis. ObjectivesThis study aims to compare the determinant factors affecting the ISS (Indonesian Sharia Stock Index) during the periods before and after Covid-19 in Indonesia.MethodA descriptive and verificative quantitative research method was employed, validating collected data and examining the relationships between variables using statistical procedures to test research hypotheses. The data sources utilized were secondary data published by the Indonesia Stock Exchange (IDX). Data analysis techniques included Normality Tests and Paired Sample T-tests. Data processing was assisted by SPSS for Windows Version 22.00. The sample comprised data from the Indonesian Sharia Stock Index before and after Covid-19, covering the period from 2018 to 2022.ResultsThe study's findings indicate an increase in the Indonesian Sharia Stock Index post-Covid-19, with a significant difference observed before and after Covid-19.ImplicationsThe significant increase in the Indonesian Sharia Stock Index post-Covid-19 implies that sharia-compliant investments demonstrated resilience and potential for recovery in the face of economic disruptions, highlighting their viability as a robust investment option during and after financial crises.Originality/NoveltyThis study provides a novel comparative analysis of the factors influencing the Indonesian Sharia Stock Index before and after Covid-19, offering new insights into the pandemic's differential impact on sharia-compliant financial instruments.
Fundamental and macroeconomic analysis of stock prices in the consumer non-cyclicals sector listed on the Indonesia Sharia Stock Index Hanani, Muhammad Muizul; Nafis, Abdul Wadud; Is’adi, Munir
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art17

Abstract

IntroductionInvestors looking for investment choices that comply with sharia law find the Indonesian capital market, namely the Islamic Sharia Stock Index, to be of utmost importance. Understanding the elements that influence stock price movements in the consumer non-cyclicals sector from 2017 to 2022 is necessary.ObjectivesThe objective of this study is to examine the influence of Return on Assets (ROA), Earnings Per Share (EPS), Debt to Equity Ratio (DER), inflation, and exchange rates on stock prices in the consumer non-cyclicals sector that is listed on the Indonesia Sharia Stock Index (ISSI). The objective is to ascertain the impact of these variables, both individually and together, on stock prices.MethodThe study employed a quantitative descriptive methodology, gathering data from 2017 to 2022 via official corporate websites. The analysis utilized panel data regression and conducted classical assumption testing using EViews.ResultsThe results indicate that Return on Assets (ROA), Earnings per Share (EPS), inflation, and exchange rates all have a considerable influence on stock prices. However, DER does not have a substantial individual impact. The F-test demonstrates a statistically significant combined impact of independent variables on stock prices.ImplicationsThe results underscore the significance of fundamental financial performance and macroeconomic factors for investors and governments when making investment decisions. Gaining proficiency in financial management and comprehending the macroeconomic effects can provide more effective guidance for investment plans in the consumer non-cyclicals sector.Originality/NoveltyThis study offers novel insights into the dynamics of stock price changes in the context of Sharia-compliant investments, specifically in the consumer non-cyclicals sector. It contributes to the broader understanding of the factors that influence stock prices in Islamic capital markets.
The influence of halal label, price, and brand image on cosmetic product purchase decisions among female students at FEBI UIN KHAS Jember Musaidah, Ahlam; Ahmadiono, Ahmadiono; Masrohatin, Siti
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art19

Abstract

IntroductionHumans have two primary needs: basic and secondary needs. Women in particular have distinct needs related to their appearance. Cosmetics serve not only to beautify but also to care for the body from head to toe. Many women incorporate cosmetics into their daily routines and use them from morning to night.ObjectivesThe objective of this study is to determine the influence of halal label, price, and brand image on purchasing decisions for cosmetics among female students at UIN KHAS Jember.MethodThis quantitative research employed multiple linear regression analysis. The sample size was determined using Slovin's formula and data were collected through questionnaires distributed to a selected sample of students. The study analyzed the validity, reliability, and classical assumption tests (normality, heteroskedasticity, and multicollinearity) and used multiple linear regression to assess the impact of the independent variables (halal label, price, and brand image) on the dependent variable (purchase decision).ResultsThe findings reveal that halal label and brand image positively influence the purchasing decisions of cosmetic products. These results indicate that students at UIN KHAS Jember consider halal label, price, and brand image as determinants when making cosmetic purchase decisions.ImplicationsThis study highlights the importance of halal labeling in reducing consumer doubts about product halal status, particularly for Muslim consumers who use cosmetics daily. The positive impact of brand image suggests that students are influenced by the reputation and perceived quality of cosmetic brands. These findings also suggest that competitive pricing strategies can significantly affect purchase decisions.Originality/NoveltyThis study provides insights into the factors influencing cosmetic purchase decisions among Muslim students, emphasizing the role of halal certification. This study contributes to the understanding of consumer behavior in the context of halal products, which is critical for marketers targeting Muslim consumers.
The influence of zakat, Human Development Index, open unemployment rate, and income on poverty in Indonesia Mutmainah, Siti; Rahayu, Nurul Widwayati Islami; Fauzan, Fauzan; Sholichin, Agil Amirus
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art20

Abstract

IntroductionIn Indonesia, poverty is influenced by a complex set of economic, social, and structural factors. Issues such as economic crises, increasing populations, income levels, long-term unemployment, health problems, low educational background, limited access to goods and services, geographical location, and gender contribute to poverty.ObjectivesThis study aims to analyze the impact of zakat, the Human Development Index (HDI), the open unemployment rate, and income on poverty in Indonesia from 2013 to 2022.MethodThis study used quantitative methods with multiple linear regression analysis using Eviews. Time-series data were sourced from Statistics Indonesia (Badan Pusat Statistik) and the National Amil Zakat Agency (Badan Amil Zakat Nasional). The analysis includes classical assumption tests such as normality, multicollinearity, heteroscedasticity, and autocorrelation tests.ResultsThe findings reveal that zakat, HDI, and income have negative and significant impacts on poverty in Indonesia. This indicates that increases in zakat, HDI, and income lead to reductions in poverty levels. However, the open unemployment rate did not have a significant effect on poverty.ImplicationsThe results highlight the importance of zakat as a socioeconomic tool to reduce poverty by redistributing wealth. Improving human development through better education, healthcare, and economic opportunities is crucial for alleviating poverty. Policies aimed at increasing income levels can significantly reduce poverty rates.Originality/NoveltyThis study contributes to the literature by examining the simultaneous effects of zakat, HDI, the open unemployment rate, and income on poverty across Indonesia, offering insights into effective poverty reduction strategies.
The influence of digital marketing and Islamic marketing on purchasing decisions of Muslim fashion Aini, Laila Nur; Nafis, Abdul Wadud; Rifa’i, Khamdan
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art21

Abstract

IntroductionToday, the business world is experiencing rapid development and change every year. Many businesses have begun implementing Islamic marketing strategies to promote their products. Additionally, digital marketing has become popular among business practitioners conducting buying and selling activities. This study aims to analyze the impact of Islamic and digital marketing on purchasing decisions for Muslim fashion.ObjectivesThe objectives of this study are: 1) to analyze the influence of Islamic marketing on purchasing decisions for Muslim fashion. 2) To examine the impact of digital marketing on purchasing decisions in Muslim fashion.MethodThis study employed a quantitative approach, utilizing multiple linear regression analysis with IBM SPSS Statistics version 25. The sample size included 100 respondents. Data were collected using questionnaires distributed through Google Forms.ResultsThe study reveals the following: 1) Islamic marketing positively and significantly influences the purchasing decisions of Muslim fashion. 2) Digital marketing also positively and significantly affects purchasing decisions for Muslim fashion.ImplicationsThe findings indicate that both Islamic and digital marketing are effective strategies for influencing purchasing decisions of Muslim fashion consumers. Businesses should consider integrating these strategies to enhance market reach and customer engagement.Originality/NoveltyThis study provides new insights into the simultaneous effects of Islamic and digital marketing on consumer purchasing decisions in the context of Muslim fashion. This highlights the importance of ethical marketing practices and the use of digital platforms to reach the target audience.
The role of circular economy in supporting sustainable development goals (SDGs) in Indonesia from an Islamic economic perspective Ni’mah, Iffatun; Rokhim, Abdul; Musari, Khairunnisa
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art22

Abstract

IntroductionHuman life is currently in a critical situation regarding environmental awareness. Discussions on sustainable development have become a key topic in building sustainable SDGs to achieve environmental preservation. Sustainable development is a crucial benchmark of environmental conservation.ObjectivesThis study aims to explain how the use of circular economy strategies can achieve sustainable development goals in line with the SDGs from an Islamic economic perspective.MethodThis study employed a qualitative literature review method. Secondary data sources, such as books, scientific journals, and previous articles, form the basis for analyzing various issues related to circular economy strategies and sustainable development.ResultsThe findings indicate that the circular economy plays an important role in supporting sustainable development goals in Indonesia, particularly in achieving SDG goal number 8, which aims for sustainable, inclusive economic growth and the creation of decent work for all. Additionally, the circular economy is closely related to achieving SDG goal number 12, which ensures sustainable consumption and production patterns. Islamic economics plays a crucial role in supporting the implementation of SDGs in Indonesia by involving various products and ecosystems, including Sharia-compliant financial products, halal food and beverages, Islamic entrepreneurs, and the circular economy related to resource utilization.ImplicationsThe results highlight the importance of the circular economy as a strategic approach for addressing environmental challenges and achieving long-term sustainability. The integration of Islamic economic principles offers a robust framework to promote ethical and responsible resource management.Originality/NoveltyThis study provides a unique perspective by combining the concepts of circular economy and Islamic economics to explore their combined impact on achieving sustainable development goals. This contributes to a broader understanding of how cultural and religious principles can enhance sustainability.
The effectiveness of Bantuan Langsung Tunai (Direct Cash Assistance) implementation in enhancing community welfare from the perspective of Islamic economics Indriyanti, Putri; Qarni, Waizul; Dharma, Budi
Journal of Islamic Economics Lariba Vol. 10 No. 1 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss1.art18

Abstract

IntroductionThe Direct Cash Assistance (BLT) program is a vital government project designed to mitigate poverty and enhance the well-being of low-income households in Indonesia. The BLT program has been launched in Rawa Bening Village, Bandar Subdistrict, Simalungun Regency to offer prompt financial assistance to communities that are at risk.ObjectivesThe objective of this study is to assess the efficacy of the BLT program in Rawa Bening Village by analyzing important factors such as comprehension of the program, precise targeting, promptness, achievement of objectives, and tangible outcomes. Furthermore, it examines the utilization of Islamic economic ideas in the execution of the program.MethodThe research employed a qualitative descriptive approach, which entailed conducting interviews with village officials and aid beneficiaries, as well as making observations and documenting the findings. The data analysis adhered to the methodologies provided by Miles and Huberman, which involved the processes of data reduction, data presentation, and drawing conclusions. The program's success was assessed utilizing the Reference Ratio provided by the Research and Development Agency of the Ministry of Home Affairs.ResultsThe analysis revealed that the BLT program had a quite effective impact on the living conditions of 78.4% of the residents in Rawa Bening Village. Although the program had a high level of efficiency in terms of being timely and accurately addressing its objectives, it only achieved modest success in terms of program comprehension and producing tangible results.ImplicationsThe results emphasize the capacity of direct financial support programs to offer immediate relief and contribute to long-term socio-economic progress. The study emphasizes the significance of improving communication tactics and integrating ongoing feedback systems for policymakers. The utilization of Islamic economic principles, including justice, honesty, welfare, and responsibility, offers a sturdy framework for assessing and enhancing social welfare programs.Originality/NoveltyThis study provides a distinctive viewpoint by incorporating Islamic economic ideas into the assessment of a government assistance program. It adds to the overall comprehension of how cultural and religious factors can improve the efficiency of efforts to reduce poverty.

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