cover
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 234 Documents
History of Islamic Economic Law Development in Indonesia Intan Muthoharoh; Mohammad Ghozali
Journal of Islamic Economics Lariba Vol. 5 No. 2 (2019)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol5.iss2.art1

Abstract

The development of economy in the world is increasingly developed and enlarged. If there are no things that limit the use or implementation of it, it will give rise to things outside the rules of human life. Then it takes the expected norms could be disallowed in order that human beings act reasonable and not excessive. Because if not, it will soon be a contradiction and each individual to competite and to earn a profit of-magnitude. Economic Law existing in Indonesia can be referred to the book of the law of civil law and several articles on positive law. However, as a man of religion Islam, one must refer to the main reference in the form of propositions as Syar'iyah, like in the Qur'an and Hadith. Finally, in addition to the more needs is fullfilled, Proved that the economic Laws of Islam are also increasingly needed. Then the Islamic economic laws appear in society. And on the discussion this time, author tries to explain and discuss the historical development of Law, about the Islamic Economy.
Price Earning Ratio and Stock Liquidity Before and After Stock Split in Indonesia Stock Exchange Hadi Suharno; Afriani Afriani
Journal of Islamic Economics Lariba Vol. 6 No. 2 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

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Abstract

The purpose of this research is to analyze (1) difference of stock liquidity level before and after stock split (2) difference of Price Earning Ratio (PER) before and after stock split. The population used in this study are all companies listed on the Indonesia Stock Exchange. While the sample selection is taken by using purposive sampling method. The number of samples used by researchers are 62 companies listed on the Indonesia Stock Exchange and stock split in the period 2009-2016. Based on the results of research indicate that there is a significant difference in Price Earning Ratio (PER), either before stock split or Price Earning Ratio (PER) after stock split. With paired sample t-test results obtained t test with t count> t table (3.912> 2,000) can be concluded then Ho accepted means there is a difference between price earnings ratio (PER) of each sample company, either before stock split or price Earnings ratio (PER) after the stock split event. With paired sample t-test obtained t test results with t count> t table (1,844> 2,000) can be concluded then Ho accepted means there is no difference between the stock liquidity of each sample company, either before the stock split and the liquidity of stock after the event Stock split.
Financial Ratio to Financing in Indonesia Islamic Rural Bank Analysis Muthi' 'Adilah Bahril; Ryan Rahma Maulayati
Journal of Islamic Economics Lariba Vol. 6 No. 1 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol6.iss1.art3

Abstract

The purpose of this study is to analyze factors which influence financing in Indonesia Islamic Rural Bank. The data used are monthly financial report of Islamic Rural Bank (IRB) from 2014 to 2018. This study is using Vector Error Correction Model (VECM) to find the short and long term impacts and respons to the shock impact in each variable to financing. The results respresent that CAR, FDR, BOPO and DPK variables have a significant positive effect on financing in short term. Subsequently in the long term, CAR and NPF variables have a significant positive effect on financing. Meanwhile FDR and DPK variables have a significant negative effect on financing and the ROA variable has no significant effect on financing. Then, the financing response to shocks that occur in ROA, FDR and DPK is negative. While the financing response to shocks that occur in CAR is negative.
Effect of Macroeconomic Variables on Third-Party Funds in Islamic Commercial Banks in Indonesia Ryan Rahmah Maulayati; Muthi Adillah Bahril; Sri Herianingrum
Journal of Islamic Economics Lariba Vol. 6 No. 1 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol6.iss1.art2

Abstract

The purpose of this article is to look at the long-term and short-term relationships between macroeconomic variables, namely the exchange rate, inflation and IPI to third party funds with Islamic commercial banks in Indonesia. This article uses quantitative research methods, the data used is secondary data with the time series type from January 2014-December 2018, the analytical tool used is VECM, which is a form of VAR detected. Before the final results are obtained, there are several analyzes that must be performed before testing the VECM, namely the stationarity test, the optimal lag test, the cointegration test, the VECM estimate, and finally the impulse response function test. Based on the results of the analysis performed, the results show that for both long and short term exchange rate variables affect deposits, the inflation variable in this investigation period does not affect deposits and the IPI variable has a long term relationship with deposits, while in the short term has no relationship with third party funds. This article contributes to the effect of both long and short term macroeconomic variables on the interest of customers in depositing money with Islamic banks to be used as third party funds with Islamic banks.
Comparative Study in Zakat Management between Pusat Zakat Sabah and Badan Amil Zakat DIY Maulana Ihsan Fairi
Journal of Islamic Economics Lariba Vol. 6 No. 1 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol6.iss1.art4

Abstract

Zakat is one of the basic principles that can be used as an instrument to reduce poverty and help Muslims in need. However, the participation of Muslims in Indonesia to paying zakat is still very less, in 2015 only IDR 2.477.457.839.898 which is collected from 207.176.162 Muslim population. Compared with Malaysia in 2015 collected more than MYR 2.334.010.085 or equivalent to IDR 7.002.030.257.000 of 17.375 million Muslim population. It makes this research aim to know the difference between zakat management in Indonesia and Malaysia. To compare it is selected Pusat Zakat Sabah (MUIS) with total collection in 2015 as much as MYR 795.695,17 or equivalent IDR 219.939.753.999 and Badan Amil Zakat DIY with total accumulation in 2015 amounting to IDR 680.990.478. Both are equivalent as zakat institutions at the provincial level. With descriptive qualitative method, it is used to describe data related to zakat management in PZS and Baznas DIY which have been collected. From the descriptive analysis, PZS has advantages in terms of collection and distribution, with the amount of funds collected and the absorption of fund distribution is always exhausted. Then in terms of utilization and Supervision of PZS and Baznas DIY have their respective advantages. 
The Role of BMT in Increasing Islamic Financial Literacy in Society (Case Study in BMT Amanah Ummat Taram Kecamatan Harau) Hebby Rahmatul Utamy; Muhammad Deni Putra; Frida Amelia; Wahyu Putra Utama
Journal of Islamic Economics Lariba Vol. 6 No. 1 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol6.iss1.art5

Abstract

One of the reasons for the low public transactions in Islamic banks is their low Islamic financial literacy. Financial literacy is the level of knowledge, skills, trust in financial institutions, along with their products and services. The objective of this research is to understand the role of BMT in increasing Islamic financial literacy among society. This study is field research in nature. The study employed descriptive analysis with a qualitative approach, and the data were collected through interviews and documentation. The study was conducted in BMT Amanah Ummat Taram, Kecamatan Harau, Kabupaten Limapuluh Kota. The result showed that Islamic financial literacy is of the utmost importance in society. The society could carry out economic activities under Islamic law and start to move from conventional financial institutions to Islamic financial institutions, such as BMT. Efforts have been taken by BMT to increase Islamic financial literacy. These efforts are the socialization of the Islamic economy, communal Qur’an reading, and skill coaching to improve the quality of internal human resources. Improvements in BMT efforts are including introducing transaction agreements and BMT products to increase customers’ knowledge, promoting products and services through social media to increase customers’ trust, and educating financial management and saving to increase customers’ skills. The main obstacles faced by BMT in their efforts increase Islamic financial literacy is the mindset of the society, education, and lack of skilled and competent staff. 
Creating Sharia Capital Market Literation Strategy on Social Media among Young Moslem Rosana Eri Puspita; Saifudin Saifudin
Journal of Islamic Economics Lariba Vol. 6 No. 1 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol6.iss1.art1

Abstract

This study aims to create a sharia capital market literation strategy on social media among young Moslem based on influence from social media influencer, social presence, and trustworthiness. The approach taken in this research is quantitative. Data is collected with the help of research instruments in the form of online questionnaires. The population in this study is the young Moslem who tends to be a social media. The sample size in this study was113. The testing tool in this study used SPSS and a regression test was conducted to determine the effect of this research variable. The results show that social media influencers, social presence, and trustworthiness have a significant effect on intention-to- learn sharia capital markets. The study suggests many programs to create sharia capital market literation on social media among young Moslem.
Investment, Debt Instruments and Economic Growth: Their Impact on the Unemployment Rate of OIC Countries in the Asian Region Ahmada Khoirul Umam; Onny Herlambang Putra Wardhana
Journal of Islamic Economics Lariba Vol. 6 No. 2 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

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Abstract

This study aims to determine the effect of investment, total debt, net debt, and real GDP growth on unemployment rates in the Asian OIC countries. This research uses a quantitative method with panel data regression. By using common effect model, the results shows investment had a significant effect on reducing the unemployment rate, while the total debt, net debt, and real GDP growth variables had no significant effect.
The Mediation Role of Motivation in Enhancing Performance: The Impact of Individual Characteristics and Compensation Asat Asat; Arief Subyantoro
Journal of Islamic Economics Lariba Vol. 6 No. 2 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

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Abstract

This study aims to analyze the effect of Individual Characteristics, Compensation on the Performance of Extension Workers with Motivation as a Mediating Variable in the UPTD of the Agricultural and Fisheries Agricultural Counseling Center, Sleman, Yogyakarta. The object of this study is the Extension of the status of Civil Servants (PNS) in UPTD Food and Fisheries Agricultural Counseling Center, Sleman, Yogyakarta, amounting to 46 extension agents. This research was conducted in January 2020 - February 2020. Data collection techniques in this study used a questionnaire method. The analytical tool used is path analysis. Based on the analysis that has been done, the results are obtained that partially individual characteristics significantly influence the performance of the instructor at the UPTD Extension Service Center for Agriculture and Fisheries in Sleman Regency. Compensation has a significant effect on the performance of the instructor in the UPTD extension agent of the Sleman Regency Food and Fisheries Agricultural Counseling Center. There is a Positive Effect of Individual Characteristics on Performance Mediated by Motivation at the UPTD Agricultural and Fisheries Counseling Center, Sleman, Yogyakarta. And there is a Positive Effect of Compensation on Performance Mediated by Motivation at the UPTD of the Agricultural and Fisheries Agricultural Counseling Center, Sleman, Yogyakarta.Keywords: Individual Characteristics, Compensation, Performance, and Motivation.
Implementation Of Financial Accounting Standards For Micro, Small, And Medium Enterprises: A Case Study In Batik Jumputan Ibu Sejahtera Arif Sapta Yuniarto; Siti Hardini
Journal of Islamic Economics Lariba Vol. 6 No. 2 (2020)
Publisher : Department of Islamic Economics, Islamic University of Indonesia

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Abstract

In Yogyakarta, the Micro, Small, and Medium Enterprises (MSME) have not been able to develop because they cannot access the capital provided by the banks. It happened due to the inability of the MSMEs to prepare the standardized financial reports. This study aimed to determine how to prepare the financial report according to the financial accounting Standards for Mico, Small, and Medium-Sized Entities at Micro, Small, and Medium Enterprises Batik Jumputan Ibu Sejahtera. The study employed the qualitative research method with a descriptive approach. The data analysis included 1) data collection, conducted through an interview, observation, documentation technique, 2) data reduction, 3) data presentation, and 4) conclusion or verification. The data were validated using the triangulation validity technique. The result showed that the financial reports prepared by the MSME Batik Jumputan Ibu Sejahter’s had not followed the Financial Accounting Standards for Micro, Small, and Medium-Sized Entities. The entity’s transaction recording system is less sophisticated, in that it only contains information about cash in and cash out. The managers’ lack of ability and understanding became the key factor influencing the quality of the financial report. After the researcher rearranged the financial statement according to the rules, it was found that the total asset owned by the entity was Rp109,531,936, total liabilities Rp3,160,000, and the total equity Rp106,371,936. The net profit acquired by the entity reached Rp81,083,534. The reports showed that Batik Jumputan Ibu Sejahtera was categorized as a micro-enterprise by the MSME criteria mentioned in the Law of the Republic of Indonesia Number 20 of 2008.

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