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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 75 Documents
Reconstruction of Floating Market Based Maqashid Sharia Perspective (Case Study in Lok Baintan, Banjar, South Kalimantan) Fasha, Ferhad
Maliki Islamic Economics Journal Vol 1, No 1 (2021): 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.v1i1.12544

Abstract

The aim of this study is to determine: (1) floating market dynamics in Lok Baintan, Banjar Regency, South Kalimantan, (2) floating market building factors in Lok Baintan, Banjar Regency, South Kalimantan, (3) floating market reconstruction in Lok Baintan, Banjar Regency, South Kalimantan Islamic maqashid perspective. This research is a type of field research (field research) using a qualitative approach. There are two types of data sources used, namely primary and secondary data. The results of this study indicate that the dynamics of the Lok Baintan Floating Market consists of four interrelated elements. The factors that influence the construction of the Lok Baintan Floating Market are the development of the Lok Baintan Floating Market, the environmental conditions, the facilities and infrastructure found in the Lok Baintan Floating Market, and government policies related to the Lok Baintan Floating Market. Reconstruction of the Baintan Floating Market in the perspective of maqashid sharia is implemented through the following five things, namely the welfare of the life goals of the local floating market traders, maslahat in consumer behavior, the benefit of the individual is equal to social benefit, the concept of maslahat limits all market activities, and the concept of open maslahat is fulfilled.
How Does Zakat Institutions Contribute to the Business Success of Mustahiq? Muttaqien, Muhammad Khaerul; Mufraini, Muhammad Arief; Suherlan, Ade
Maliki Islamic Economics Journal Vol 2, No 2 (2022): 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.v2i2.18264

Abstract

The purpose of this study was to examine the effect of Zakat Institutions through funding and training provided by amil zakat institutions and mustahiq's knowledge on the success of mustahiq businesses based on the perspective of maqashid sharia. This study uses Partial Least Square analysis techniques. The sample used in this study were 75 small-scale traders (Mustahiq) assisted by LAZNAS Al-Azhar and LAZNAS Dompet Dhuafa in the Bogor Regency and Depok, West Java. The results show that funding and training provided by LAZNAS Al-Azhar and LAZNAS Dompet Dhuafa and knowledge possessed by Mustahiq significantly influence the success of mustahiq businesses.
Generation Z and the MUI Fatwa: What Shapes the Boycott of Israeli Products? Jannati, Agitsna; Sahal, Lutpi; Hidayat, Muhammad Rifqi; Mumtazah, Fitria
Maliki Islamic Economics Journal Vol 5, No 1 (2025): 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.v5i1.32359

Abstract

This study aims to analyze the factors that influence Generation Z’s (Gen Z) perception of Indonesian Ulema Council (MUI) Fatwa No. 83 of 2023 regarding the boycott of products affiliated with Israel. Although many Gen Z individuals support the boycott verbally, in reality, many do not implement it through concrete actions. This study employs a field research method with a qualitative descriptive approach. Data collection techniques include interviews and observations. Based on the Theory of Planned Behavior (TPB), this study identifies three main factors that influence Gen Z’s perception: attitudes toward behavior, subjective norms, and perceived behavioral control. A positive attitude toward the boycott, driven by religious beliefs and humanitarian solidarity, is the primary factor in supporting the fatwa. Subjective norms, particularly the influence of social environments such as family, friends, and religious leaders, also shapes the intention to act. However, obstacles such as difficulties in changing consumption habits and doubts about the effectiveness of the fatwa serve as barriers for some Gen Z individuals in joining the boycott. This study provides additional understanding into the behavioral dynamics of Gen Z regarding the boycott fatwa and highlights the importance of a direct approach in increasing support for this fatwa.
The Role of Virtual Accounts for Policyholders in Islamic and Conventional Insurance Rohmandika, Muhamad Susandra; TS, Teuku Ghufran; Ahmad, Yusuf Falaqi
Maliki Islamic Economics Journal Vol 1, No 2 (2021): 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.v1i2.15923

Abstract

Virtual Account is one of the payment tools that is currently trending. The use of a Virtual Account brings many benefits, including for insurance institutions and policyholders. However, several insurance institutions have not implemented or have not maximized the use of Virtual Accounts in their operational activities. This research aims to find out how important Virtual Account is for policyholders. This research is quantitative research using a descriptive analysis approach through Google Form media to 108 policyholders at an insurance institution. This study proves that insurance institutions need to implement and maximize the use of Virtual Accounts in each of their activities.
Profitability and Market on Stock Returns in Mining Companies on The Indonesia Sharia Stock Index for the 2016 - 2020 Periods Sucipto, Sucipto; Siregar, Erwin Saputra; 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.   
Global Risk Factors and Macroeconomic Conditions Affect Jakarta Islamic Index (JII): Evidence from Indonesia Husnah, Siti Syavinatul; Nugraha, Deni Pandu; Rizal, Sofyan
Maliki Islamic Economics Journal Vol 2, No 1 (2022): 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.v2i1.16615

Abstract

This study aims to analyze three things, namely analyzing the causality relationship between variables. Analyze the short-term relationship between macroeconomic variables with JII Stock Price and Trade Volume and analyze the long-term relationship between macroeconomic variables with JII Stock Price and Trade Volume. The sample used is the JII30 Index and the trading volume from JII 30 from 2008-2020. The results of this study indicate three things, firstly it is found that several variables have a causal relationship in either one or two directions, then from testing the short-term effect it is found that only the oil price variable has a significant effect on JII while other variables do not, while the short-term effect test It was found that all macroeconomic variables had no significant effect on volume. Finally, from the long-term test results, only the Inflation variable has no significant effect on the JII variable in the long term, while only the BI Rate and Inflation variables have no significant effect on trading volume.
Perspective of Law No. 40 of 2014 Concerning Sharia Life Insurance Business in Risk Management Parmujianto, Parmujianto
Maliki Islamic Economics Journal Vol 1, No 1 (2021): 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.v1i1.12545

Abstract

Sharia life insurance is a coverage or agreement between two parties in which one party is obliged to pay contributions or premiums. In sharia insurance, it is usually a contract in the form of a tijarah agreement and or tabarru contract. Where Tijarah contract is all forms of contracts carried out for commercial purposes such as Mudhorobah, Wadiah, and Wakalah. While Tabarru agreement is all forms of contracts that are done with the purpose of kindness and help is not shown for commercial. The approach used in this study is a qualitative approach. The conclusion in this discussion is that PT. Asuransi Syariah Keluarga Indonesia (ASYKI) Pasuruan Unit is good and in accordance with Law No.40 of 2014 concerning sharia life insurance business in risk management based on sharia principles, although it does not cover the possibility of individuals registering individually, but the recommended solution from PT ASYKI Pasuruan Unit against individual policy insurance applicants will be directed against one of business entity in cooperation with PT ASYKI Pasuruan Unit.
Finance Performance: Reinvestigation through Intellectual Capital and Good Corporate Governance Dewi, Fitri Anista; Sudarmawan, Barianto Nurasri
Maliki Islamic Economics Journal Vol 2, No 2 (2022): 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.v2i2.18358

Abstract

Intellectual Capital (IC) management needs to be carried out in banking because knowledge is an important need for a company whose operational activities directly interact with customers, so existing human resources must have adequate capabilities and knowledge. In addition to knowledge management, implementing Good Corporate Governance (GCG) to create company efficiency and reduce conflicts that arise provides transparency and legitimacy of company activities. This study aims to determine the influence of IC development on the financial performance of Islamic banking and to determine the impact of implementing GCG on the financial performance of Islamic banking in Indonesia. The results showed that simultaneously the variables of IC and GCG had a significant effect on financial performance (ROA). These findings indicate that Islamic banks need to manage knowledge sourced from their employees. In addition, this finding also explains that Islamic banking in Indonesia needs to consider the determination of the number of directors to maximize the duties and responsibilities of the directors in Islamic banking supervision.
The Effect of Security, Convenience, and Effectiveness of Using BSI Mobile on Student Customers Satisfaction Farhan, Muhammad Gusti; Terminanto, Ade Ananto
Maliki Islamic Economics Journal Vol 5, No 1 (2025): 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.v5i1.29881

Abstract

This study aims to describe the extent to which the safety, convenience, and effectiveness of using BSI Mobile affect the level of customer satisfaction with transactions. A total of 100 customers who actively use the service were selected as research samples with purposive sampling techniques. Primary data obtained through the Likert scale questionnaire were analysed using Partial Least Squares (PLS) to test the research hypothesis. The results showed that there was a positive correlation between the three independent variables and the dependent variables. However, further analysis shows that only the security dimension contributes significantly to the increase in customer satisfaction. This finding has important implications for the bank in an effort to improve the quality of BSI Mobile services.
Unveiling Profitability Drivers in ASEAN Islamic Banking: A Panel Data Analysis Muttaqin, Ibnu
Maliki Islamic Economics Journal Vol 5, No 1 (2025): 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.v5i1.33867

Abstract

This study examines the determinants of profitability in Islamic banking across five Association of Southeast Asian Nations (ASEAN) countries, including Indonesia, Malaysia, Brunei Darussalam, the Philippines, and Thailand, from 2018 to 2022. Using panel data regression, the study examines both Return on Assets (ROA) and Return on Equity (ROE) as measures of profitability. The population consists of all Islamic banks operating in the ASEAN region. Through purposive sampling, the study selected 127 data observations from banks with complete and consistent financial data. The models were estimated using Fixed Effect Models (FEM) with robust standard errors to correct for heteroskedasticity. The findings reveal that efficiency, Market Concentration (HHI), and inflation consistently have a positive and significant impact on both ROA and ROE. Financing to Deposit Ratio (FDR) positively affects only ROE, while Gross Domestic Product (GDP) unexpectedly shows a negative relationship with ROE. Other variables such as bank size, market share, and the Sharia Supervisory Board (SSB) are statistically insignificant. These results suggest that internal efficiency and market structure are more critical to Islamic bank profitability than macroeconomic scale or governance mechanisms. This study fills the empirical gap in the literature by offering comparative insight into Islamic bank performance across the ASEAN region.