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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 237 Documents
Social and economic impacts of increasing early marriages during the Covid-19 pandemic: A study in Mandailing Natal and South Tapanuli districts Lubis, Muhlisah; Jureid, Jureid; Defriza, Rita; Kholijah, Siti; Saniah, Nur
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.art4

Abstract

IntroductionSince the Covid-19 outbreak, underage marriages have become increasingly widespread with all its impact to the society. There are very limited studies on its impact from social and economic aspect, especially among Muslim society in Indonesia.ObjectivesThe purpose of this study was to analyse the social and economic impacts of increasing underage marriage during the Covid-19 pandemic. By doing so, the study also aims to provide solution to solve the impacts for the affected communities.MethodThis study uses a qualitative method with a sociological approach that focuses on experiences and socio-cultural phenomena that occur in the midst of society.ResultsThere are several social impacts that occur as a result of early marriage, conflict in the family, regret and heavy pressure, loss of opportunity to continue education, not being able to socialize, domestic violence, divorce. The economic impacts that occur due to early marriage, among others, are limited opportunities to get work opportunities, unable to bear the family's economic burden, structural poverty.ImplicationsEfforts were made to reduce the number of early marriages, among others, holding meetings several times a month, formally coordinating community leaders, village officials, and KUA, through outreach programs to Majlis Taklim, marriage advice, through marriage sermons, coordinating with sub-districts, youth activities related to early marriage.Originality/NoveltyThe findings of this study contribute to efforts to overcome social and economic problems among Muslim society impacted by the Covid-19 pandemic.
The influence of business capital and cost of space rent (ijarah) on merchants’ income in the traditional market of Lau Dendang Village Pane, Muhammad Rivaldi; Nasution, Muhammad Lathief Ilhamy; 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.art5

Abstract

IntroductionPrevious research has been carried out to analyze variables that influence traditional traders' income. However, research with the variables working capital and rental costs in the context of Lau Dendang Village has not been carried out.ObjectivesThis research was carried out with the aim of finding out the relationship between business capital and rental costs (Ijarah) on trading income in the traditional market of Lau Dendang Village.MethodThis research was conducted and carried out using quantitative methods and uses data obtained from sampling using research instruments in the form of questionnaires with the population being traders in several markets in Lau Dendang Village.ResultsThe results of the research that has been carried out are that a negative and significant influence is obtained on the variable working capital and rental costs as independent variables on merchants income as dependent variable.ImplicationsMerchants in traditional market should have adequate capital of their own and need support to lower rental costs to increase their income.Originality/NoveltyThis study contributes to enrich studies in the field of Islamic economics related to the income of traders in traditional markets.
Enhancing entrepreneurship learning: An evaluation of graduate profile-aligned courses at FEBI UIN Antasari Sahal, Lutpi; Qamaruddin, Muhammad
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.art26

Abstract

IntroductionIn the dynamic landscape of higher education in Indonesia, the Faculty of Islamic Economics and Business (FEBI) at the State Islamic University (UIN) Antasari Banjarmasin faces the challenge of improving the quality of education, particularly in courses designed to align with the entrepreneurship graduate profiles. Entrepreneurial education is emerging as a solution to the high unemployment rates among college graduates.ObjectivesThis study aimed to evaluate courses aligned with entrepreneurship graduate profiles at FEBI UIN Antasari, focusing on enhancing students' entrepreneurial motivation. This research employs the Context, Input, Process, Product (CIPP) evaluation model to examine various learning components.MethodThe study used a combination of quantitative and qualitative research methods, including surveys, focus group discussions (FGDs), and in-depth interviews with students, faculty managers, and lecturers. The evaluation focused on curriculum development, teaching materials, collaboration with practitioners, practicum facilities, lecturer training and certification, student internships, talent mapping, and alumni networks.ResultsThe findings highlight the importance of curriculum reviews involving entrepreneurship practitioners, development of standardized teaching materials, practical entrepreneurship activities, and collaboration between academics and practitioners. Student feedback indicates a positive evaluation of the courses, but also identifies areas for improvement, such as updating teaching materials, enhancing teaching methods, and maximizing the use of infrastructure.ImplicationsThe results underscore the need for continuous improvement in entrepreneurial education to foster entrepreneurial motivation and produce graduates equipped to thrive in a competitive job market. Enhancing practical experiences, fostering collaboration, and updating teaching methods are crucial steps for improving the quality of entrepreneurship education.Originality/NoveltyThis study provides a comprehensive evaluation of entrepreneurship courses aligned with graduate profiles, offering valuable insights into the effectiveness of current educational practices and recommendations for future improvement.
The influence of Natural Certainty Contract (NCC) and Natural Uncertainty Contract (NUC) financings on the financial sustainability of Islamic commercial banks in Indonesia Fitriawati, Deva Ayu; Oktaviana, Ulfi Kartika
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.art6

Abstract

IntroductionResearch on Islamic banking in Indonesia has extensively addressed its performance and stability. However, studies on stability from the perspective of Natural Certainty Contract and Natural Uncertainty Contract financing have been relatively scarce.ObjectivesThis study measures how profitability mediates the impact of Natural Certainty Contract (NCC) financing and Natural Uncertainty Contract (NUC) financing on financial sustainability.MethodThe research utilizes secondary data obtained from quarterly reports for the periods I-IV of 2018-2022 on the official website of Sharia commercial banks. All Sharia commercial banks in Indonesia listed in the OJK for the period 2018-2022 constitute the population for this study, while the sample consists of Sharia commercial banks in Indonesia that meet the criteria. The sampling method employed is purposive sampling, resulting in eight Sharia commercial banks in Indonesia as the sample based on predetermined criteria.ResultsThe findings of this study indicate that NCC financing negatively influences profitability, NUC financing has no impact on profitability, NCC financing positively influences financial sustainability, NUC financing negatively influences financial sustainability, profitability (ROA) positively influences financial sustainability, NCC financing indirectly negatively affects financial sustainability through profitability, and NUC financing indirectly has no impact on financial sustainability through profitability.ImplicationsIslamic commercial banks should be more selective in financing allocation, focusing on options with lower risks. Furthermore, Islamic commercial banks should also manage financing effectively to minimize existing risks, thereby enhancing profitability.Originality/NoveltyThis study contributes to enrich studies in the field of Islamic finance with emphasize on Islamic commercial banks profitability and financial sustainability.
Identity and rationality in Sharia economic practice: A study at Arrahmah Sharia Consumer Cooperative, South Kalimantan Province Hafizah, Yulia; Nilasari, Erissa; Syarqawie, Fitriana; Jahra, Pati Matu; Noorwahidah, Noorwahidah
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.art8

Abstract

IntroductionThe Sharia consumer cooperative is one of the many legal forms of Islamic economic activity in Indonesia, including South Kalimantan Province. However, studies on the identity and rationality of this practice are still limited.ObjectivesThis research aims to understand how Islamic identity influences economic decisions and how Sharia economic rationality is reflected in the practices of consumer cooperatives. The selection of Arrahmah Sharia Consumer Cooperative (Koperasi Konsumen Syariah Arrahmah) as the subject of the study is based on the institution's claim to be "more Sharia" compared to other cooperatives or Sharia financial institutions.MethodA qualitative research method was employed using in-depth interviews and observations as data collection tools. Qualitative research was chosen for its relevance to case studies that required in-depth data exploration.ResultsThe findings indicate that Islamic identity plays a key role in shaping the economic preferences of cooperative members, whereas Sharia economic rationality is reflected in the principles of justice and sustainability. In the context of Arrahmah Sharia Consumer Cooperative, the institution's assertion of being "more Sharia" is driven by knowledge of fiqh muamalah, particularly the section on usury and its dangers conveyed by Salafi scholars in study forums, websites, and other mass media. This knowledge serves as the main foundation and source of community identity, which distinguishes them from other cooperatives or financial institutions.ImplicationsThe success of Sharia economics lies not only in economic rationality, but also in the understanding and application of religious identity in every aspect of economic activities. Both are complementary and mutually supportive in achieving sustainable economic development goals, in line with religious values.Originality/NoveltyThis study provides insights into the dynamics of identity and rationality in the context of Sharia economics, focusing on the practices of consumer cooperatives in South Kalimantan.
Impact of attitude, subjective norms, and perceived behavioural control on intention to invest in retail green sukuk among Muslim millennials in Jabodetabek Ikhsan , Muhammad Ananda; Wulandari, Ries
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.art9

Abstract

IntroductionRetail green sukuk is an environmentally friendly investment option for millennials. However, there have not been many studies related to this in the context of millennials in big cities in Indonesia.ObjectivesThis research aims to analyse the impact of attitude, subjective norms, and perceived behavioral control in intention to invest in retail green sukuk among Muslim millennials in Jabodetabek.MethodThis research uses the PLS-SEM (Partial Least Square Structural Equation Modeling) which presents the results of regression analysis relating to testing the relationship between endogenous and exogenous variables. A total of 183 Muslim millennials participate in this research by fulfilling an online questionnaire.ResultsThe results of this research show that these three variables significantly influence Green Sukuk investment interest among Millennial Muslims in Jabodetabek, with a significance value of attitude of 0.669, subjective norm of 0.213, and perceived behavioral control of 0.030.ImplicationsGovernments or other corporations issuing retail green sukuk instruments should focus more on promoting their green initiatives. This will create a positive attitude among millennial investors toward Retail green sukuk instruments.Originality/NoveltyThis study provides insights into the intention to invest in environmentally friendly financial product among Muslim millennials living in large cities in Indonesia.
The influence of brand image, halal label, and religiosity on the purchasing attitude of local halal cosmetics in Bogor Aliza, Putri; Akbar , Nashr
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.art10

Abstract

IntroductionIn the rapidly growing cosmetics industry, consumers are becoming increasingly conscious of the quality and halal certification of the products they use. People living in Bogor, especially those with strong religious orientations, tend to seek cosmetics that meet quality standards and align with their religious values.ObjectivesThis study examines the influence of brand image, halal label, and religiosity on the purchasing attitude of local halal cosmetics in Bogor.MethodThis quantitative descriptive research employs the SEM-PLS approach, utilizing Smart PLS version 3.0 software. The sample data comprises 105 respondents.ResultsThe results of the F-test showed that the significance value (sig) is 0.000 < 0.05, indicating that brand image (P-value = 0.048), halal label (0.000), and religiosity (0.000) significantly and positively influence the purchasing attitude of local halal cosmetics.ImplicationsThis research provided insights for local halal cosmetics companies on the importance of brand image and the halal label of their products for customers. For policymakers, it highlights the importance of halal regulation to protect customers from using non-halal cosmetics products.Originality/NoveltyThis study provides insights into the purchasing attitude of Muslims regarding cosmetics products in Indonesia.
Contibution of Sharia fintech to micro, small, and medium enterprises’ inclusivity in Kisaran City Maharani, Sri; Nurbaiti, Nurbaiti; 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.art7

Abstract

IntroductionChallenges in access to inclusive financial services are still a major issue for many micro, small and medium enterprises in Indonesia, including in Kisaran City. However, research that specifically discusses this is still rarely carried out.ObjectivesThis research aims to analyze the role of sharia fintech in increasing the inclusiveness of micro, small and medium enterprises in Kisaran City.MethodThis research uses qualitative approach with primary data is obtained by interviewing three MSMEs owners using Sharia fintech. Secondary data is collected from books, the internet, academic journals, archives, and official records.ResultsThe results of this research show an increase in the use of Sharia Fintech by micro, small and medium enterprises in Kisaran City in 2020-2023. Apart from that, the use of Sharia fintech has a positive influence in increasing financial inclusiveness and encouraging the growth of micro, small and medium enterprises in Kisaran City..ImplicationsMicro, small and medium enterprises can use financial services from sharia fintech to increase access to funding and to expand customer payment models. Policy makers can continue to increase the role of sharia fintech for inclusiveness of micro, small and medium enterprises through more certain regulations and also increasing public education.Originality/NoveltyThis study contributes to enrich studies in the field of financial inclusion for micro, small, and medium enterprises with emphasize on the use of fintech.
Analysis of consumer protection system in improving expedition services from an Islamic perspective: A case study of insurance at J&T Express Medan Fadillatunnisa, Fadillatunnisa; Nasution, Muhammad Lathief Ilhamy; Nasution, Juliana
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.art11

Abstract

IntroductionAs the economic landscape in Indonesia continues to evolve, there is a growing demand for shipping services. Nevertheless, from an Islamic perspective, research regarding insurance protection for shipped goods remains limited.ObjectivesThis research aims to examine consumer protection in enhancing expedition services for the shipment of goods at J&T Express Medan, focusing on the forms of protection against delays, damages, and losses during delivery due to negligence in the shipment process, which results in losses for consumers.MethodThe research methodology employed is qualitative research with a descriptive approach. This study utilized both primary and secondary data.ResultsIn the context of J&T Express's regular services, the service provider includes protections such as insurance and wooden packaging if deemed necessary by consumers to prevent damages and resultant losses during the shipment of goods. To ensure the safety of shipped items, J&T always offers insurance options for every item dispatched, especially for high-value items. Additionally, J&T Express provides packing services to guarantee the security and safety of the transported goods.ImplicationsThis research provided insights for sellers on whether they should opt for insurance protection or not based on the nature, fragility, and value of the items being shipped.Originality/NoveltyThis study contributes to insurance protection in the context of shipments from an Islamic perspective in Indonesia.
Analysis of futures trading on the Binance platform from the perspective of Fiqh Muamalah Zulkarnain , Rifki; Syibly, M. Roem
Journal of Islamic Economics Lariba Vol. 10 No. 2 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol10.iss2.art9

Abstract

IntroductionOne of the business transactions that developed in the digital era is futures trading. This type of transaction involves high risk where profit is obtained from the difference between buying and selling, with goods being delivered at a later date. Profits are obtained from price fluctuations on traded commodities. This type of futures trading is also done on the Binance platform. Many traders are interested in this type of trade but do not have sufficient knowledge and understanding, especially regarding Fiqh legality.ObjectivesThe study aims to explain the practice of futures trading on the Binance platform from the perspective of Fiqh Muamalah. MethodThis study is literature research with a juridical-normative approach that relates facts to futures trading cases.ResultsThe results of this study explain that futures trading on the Binance platform includes bay' al-şarf, a type of money trade in which money is obtained and delivered at a later date. ImplicationsFutures trading on the Binance platform in Fiqh Muamalah is prohibited because it involves elements of uncertainty (gharar) and speculation (maysir). The exchange rate is uncertain, which can cause one party to benefit and the other party to be harmed.Originality/NoveltyThis research contributes to the theory of Fiqh legality in future trading practices.