cover
Contact Name
Ahmad Tibrizi Soni Wicaksono
Contact Email
tibrizisony@uin-malang.ac.id
Phone
+6281287874466
Journal Mail Official
m-iecjournal@uin-malang.ac.id
Editorial Address
Megawati Soekarnoputri Building Faculty of Economics Jln. Gajayana 50 Telp (0341) 558881 E-mail: m-iecjournal@uin-malang.ac.id Universitas Islam Negeri Maulana Malik Ibrahim Malang
Location
Kota malang,
Jawa timur
INDONESIA
Maliki Islamic Economics Journal
ISSN : 27980383     EISSN : 27978125     DOI : 10.18860
Maliki Islamic Economics Journal (M-IEC Journal) is presented to promote Islamic economics and finance knowledge to the world. Its establishment is aimed at being a scholarly journal with an international reputation. It is intended as a credible place for academicians and researchers across the globe to disseminate their works, studies, papers, and other research formats. M-IEC Journal is in open-access format, allowing readers to access and download the articles freely. It is published by the Faculty of Economics, UIN Maulana Malik Ibrahim Malang, Indonesia
Articles 70 Documents
Comparative Analysis of Sharia Stock Screening Methods in Indonesia, Malaysia, and the United States Eva Nurul Huda; Priyonggo Suseno
Maliki Islamic Economics Journal Vol 3, No 1 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i1.19808

Abstract

This study aims to find out and understand how the sharia stock screening model applies in Indonesia, Malaysia, and the United States and find a harmonization solution. The method used in this study is descriptive-qualitative through a literature study approach. Research data was obtained from various sources both online and offline, such as journal articles, books, and websites related to the screening of Sharia-compliant stocks, to be further analyzed using the content analysis method. The results show that there are differences in the screening criteria for sharia stocks on the Indonesian Stock Exchange, the Malaysian Stock Exchange, and the American Stock Exchange, both qualitatively and quantitatively. This difference is seen as a natural thing in Islamic teachings because it is in the realm of muamalah fiqh, which of course is adapted to the conditions of the people of each country. However, it is necessary to consider generalizing the implementation of strict and uniform sharia stock screening in order to increase understanding, interaction, and economic cooperation among Muslim countries at the global level.
Finding Customer Satisfaction and Loyalty Factors in Islamic Bank Digital Users Ade Sofyan Mulazid; Fatmawati Fatmawati
Maliki Islamic Economics Journal Vol 3, No 1 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i1.21240

Abstract

The study aims to investigate the influence of brand image, service quality, and trust on customer satisfaction and loyalty of Islamic bank digital users. This study uses primary data by distributing questionnaires to customers who have used Islamic bank digital applications. The research sample amounted to 100 respondents and used the purposive sample method. The method used in this study is Partial Least Square (PLS) using SmartPLS 3.0 data analysis tool. The results showed that brand image, service quality, and trust affect satisfaction. Brand image and service quality do not affect loyalty. Satisfaction affects loyalty. Brand image, service quality, and trust affect loyalty through customer satisfaction. This research provides a theoretical contribution to literature development as a pioneering effort to investigate the influence of brand image, service quality, and trust on customer satisfaction and loyalty of Islamic bank digital users. Managerial implications, Islamic banking seeks to develop facilities to improve customer service efficiency by implementing brand image, service quality and trust, thereby increasing customer satisfaction and loyalty.
Profitability and Market on Stock Returns in Mining Companies on The Indonesia Sharia Stock Index for the 2016 - 2020 Periods Sucipto Sucipto; Erwin Saputra Siregar; Mariyani Mariyani
Maliki Islamic Economics Journal Vol 3, No 1 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i1.21199

Abstract

Returns on stocks are the benefits businesses, individuals, and organizations receive directly from their investment decisions. Every short or long-term investment has one primary goal: to generate a profit, also known as a return. This can happen in either a direct or indirect manner. This study aimed to test and collect empirical data on the impact of ROA, ROE, EPS, and PER on stock returns. Panel data regression was used, and the research data came from each mining firm's annual reports and financial statements included in the Indonesian sharia stock index from 2016 to 2020. So, according to the findings of this study, ROA, ROE, and PER have a significant beneficial impact. Quite large on stock returns because the company's management can manage ROA, ROE, and PER effectively to create high profits, encouraging investors to invest. Meanwhile, EPS does not significantly affect stock returns because companies with low earnings per share do not accurately reflect the profits that investors will get, thus making investors less interested in investing their capital. Simultaneously ROA, ROE, EPS, and PER affect stock returns.   
Islamic Commercial Bank Performance: The Nexuses by Financial Ratios, Macro Economics, And Financial Technology Rahma Nurlaili; Titis Miranti
Maliki Islamic Economics Journal Vol 3, No 1 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i1.21719

Abstract

The objective of this study is to examine the relationship between various factors and the performance of Islamic commercial banks in Indonesia over the next 12 periods. The variables considered include Non-Performing Assets, Capital Adequacy Ratio, Insolvency-risk, Inflation, Financial Technology, and Bank Size. The research methodology employed is a quantitative approach with a descriptive analysis. The sampling technique utilized is saturated sampling, resulting in a total of 96 data points. The findings indicate that the Non-Performing Assets (NPA) variable has a significant impact on Return on Assets (ROA), while the ROA variable does not significantly affect the NPA variable. Additionally, the inflation variable does not have a statistically significant effect on ROA, and vice versa. In the short term, the variables that influence bank performance are NPA, Capital Adequacy Ratio, Insolvency-risk, Financial Technology, and Bank Size. In the long term, significant factors influencing bank performance are NPA, Insolvency-risk, Financial Technology, and Bank Size. The Impulse Response Function (IRF) test demonstrates that ROA shows a positive response to the impact of NPA, Capital Adequacy Ratio, Inflation, Financial Technology, and Bank Size, while it exhibits a negative response to shocks caused by inflation. Throughout the study period, the variable with the greatest contribution remains Financial Technology, followed by other variables. Ultimately, the aim of this study is to provide insights for future policy implementation and decision-making within companies
Distribution of Zakat, Infaq, and Shadaqa Funds to Poverty in Indonesia Qonita Khoirunniswah; Kurniawati Meylianingrum; Abdelaziz Mounadil
Maliki Islamic Economics Journal Vol 3, No 1 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i1.21690

Abstract

Poverty is an important problem that can affect the global economy, including Indonesia. The number of poverty in Indonesia is still very fluctuating, while the acquisition of zakah and infaq continues to increase from year to year. The main target in the distribution of zakah and infaq funds is to reduce to alleviate poverty. This study aims to determine the effect of zakah and infaq on poverty in Indonesia. This research uses quantitative methods with a descriptive approach. The data analysis used is multiple linear regression analysis. The results of this research showed that zakah had a significant negative influence on poverty. Infaq also has a significant negative effect on poverty. Simultaneously, zakah and infaq have a significant effect on poverty.
Islamic Commercial Bank Performance: The Nexuses by Financial Ratios, Macro Economics, And Financial Technology Nurlaili, Rahma; Miranti, Titis
Maliki Islamic Economics Journal Vol 3, No 1 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i1.21719

Abstract

The objective of this study is to examine the relationship between various factors and the performance of Islamic commercial banks in Indonesia over the next 12 periods. The variables considered include Non-Performing Assets, Capital Adequacy Ratio, Insolvency-risk, Inflation, Financial Technology, and Bank Size. The research methodology employed is a quantitative approach with a descriptive analysis. The sampling technique utilized is saturated sampling, resulting in a total of 96 data points. The findings indicate that the Non-Performing Assets (NPA) variable has a significant impact on Return on Assets (ROA), while the ROA variable does not significantly affect the NPA variable. Additionally, the inflation variable does not have a statistically significant effect on ROA, and vice versa. In the short term, the variables that influence bank performance are NPA, Capital Adequacy Ratio, Insolvency-risk, Financial Technology, and Bank Size. In the long term, significant factors influencing bank performance are NPA, Insolvency-risk, Financial Technology, and Bank Size. The Impulse Response Function (IRF) test demonstrates that ROA shows a positive response to the impact of NPA, Capital Adequacy Ratio, Inflation, Financial Technology, and Bank Size, while it exhibits a negative response to shocks caused by inflation. Throughout the study period, the variable with the greatest contribution remains Financial Technology, followed by other variables. Ultimately, the aim of this study is to provide insights for future policy implementation and decision-making within companies
Corporate Social Responsibility and Spirituality: Islamic Perspective Rochayatun, Sulis; Andriyani, Fitriya
Maliki Islamic Economics Journal Vol 3, No 2 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i2.26179

Abstract

Scientific concern regarding CSR continues to grow in the business world. Previously, CSR studies did not include elements of morally binding values. Then this phenomenon developed by entering spirituality as a source of important values in CSR. Therefore, the literature on the topic must provide an up-to-date overview of religion-based CSR research. This literature aims to understand the concept of CSR based on Islamic spirituality. This literature review has five main stages, namely identifying research questions, identifying relevant studies, study selection, making data charts, compile, summarize and report results. The studies reviewed were from the Emerald, Springer, and Taylor Francis electronic databases. The study results show that from an Islamic perspective, CSR leads to social justice, and CSR is completely selfless in creating prosperity. The implications of this study are expected to be a reference and guideline in implementing CSR based on Islamic spirituality which adheres to religious values with the aim of justice and social welfare, so that companies can achieve sustainability.
Digipreneurship as an Effort to Strengthen The Digitalization of The Islamic Economy in Indonesia Afif, Fayiz; Nabila, Dzakiyatun Nisa Nurun; Rohmah, Ria Marzuqotur
Maliki Islamic Economics Journal Vol 3, No 2 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i2.24039

Abstract

The digitization of the Islamic economy in Indonesia offers opportunities to strengthen economic growth based on Islamic principles. Through the development of sharia e-commerce platforms, technology-based financial services, and sharia-based fintech innovations, this digitization facilitates easier and faster access to Islamic products and services. This research uses three theoretical approaches: digital economy theory, entrepreneurship theory, and Islamic economic theory, with the aim of understanding the contribution and impact of digipreneurship in strengthening the digitalization of the Islamic economy in Indonesia and analyzing the principles of Islamic economics that can be applied in digital business. The research method used is qualitative with a descriptive content analysis approach and phenomenological design. The results highlight the importance of digipreneurship as an effort to strengthen the digitalization of the Islamic economy in Indonesia and integrate the principles of Islamic entrepreneurship into digital businesses. Digitalization of the Islamic economy through digipreneurship opens opportunities for Muslim participation in the digital market, encourages innovation, and promotes inclusive economic growth. The integration of Islamic values and principles into the digital economy is important in the digital era in Indonesia. Digipreneurship serves as a means to harness the potential of digital technology by upholding Islamic values, so that individuals and businesses can play an important role in advancing the digitalization of the Islamic economy, driving economic growth, and creating a prosperous future.
Exploring The Muslim Millenials Perspective On Financial Well-Being Ningtyas, Mega Noerman; Cahyaningtyas, Fadilla
Maliki Islamic Economics Journal Vol 4, No 1 (2024): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v4i1.26990

Abstract

This research explores the view of financial well-being from the unique perspective of the Muslim millennial generation, considering the economic transitions and technological advancements shaping their financial behaviors to become more consumptive. Through qualitative interviews, the research delves into the subjective perceptions, behavioral patterns, and socio-economic factors that influence the financial well-being of moslem millennials. Furthermore, this research also identifies the key determinants of their financial well-being, including financial literacy, financial behavior, and financial stress. Our findings contribute to a deeper understanding of the complexities surrounding financial well-being in the millennial cohort, providing valuable insights for policymakers, financial institutions, and individuals aimed at enhancing financial health and resilience among Muslim millennials.
Exploring Contributing Factors to Environmental Disclosures in Islamic Commercial Banks of Indonesia Hanifah, Sarah Hana; Widiyanti, Dwi Retno
Maliki Islamic Economics Journal Vol 3, No 2 (2023): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/miec.v3i2.23818

Abstract

This study aims to provide an overview and analysis of the influence of policy and corporate governance, including Sharia supervisory board, firm size, firm age, and leverage on green banking disclosure in Islamic commercial banks in Indonesia from 2017 to 2021. This study uses a quantitative approach with panel data regression analysis to examine the causal relationship between the independent variables (policy, board size, board of commissioners, Sharia Supervisory Board, firm size, firm age, and leverage) and green banking disclosures. Islamic commercial banks registered with FSA and IDX are the study population. The sampling method in this study was purposive sampling, with a total sample of six Islamic commercial banks for five years of research. The results of this study show that the company's age, the size of the company, the size of the board of directors, and the board of commissioners have a significant effect on the disclosure of green banking. Meanwhile, Sharia board and leverage do not significantly affect green banking disclosure. This study implies that applying green banking to overcome environmental problems can only be realized by regulation alone, considering the importance of other factors from the bank's side.