cover
Contact Name
Mohamad Toha
Contact Email
motoha013@gmail.com
Phone
+623216855722
Journal Mail Official
iijse.ikhac@gmail.com
Editorial Address
Jalan Raya Tirtowening Jl. Raya Tirtowening Pacet No.17, Bendorejo, Bendunganjati, Kec. Pacet, Kabupaten Mojokerto, Jawa Timur 61374
Location
Kab. mojokerto,
Jawa timur
INDONESIA
IIJSE
ISSN : -     EISSN : 2621606X     DOI : https://doi.org/10.31538/iijse
Core Subject : Economy,
The Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) is Sharia Economics Journal published by Sharia Economics Department Institut Pesantren KH. Abdul Chalim, Mojokerto. The Journal focuses on the issues of Sharia Economics, the History of Islamic Economic Thought, Islamic Law, Local Wisdom in Sharia Economic Perspective, and others related to Sharia economics. The journal is published periodically triannually in March, July, and November. Guidance for submission: ֎ The manuscript submitted to IIJSE must never be published elsewhere. ֎ The IIJSE is published in English. ֎ The articles must be submitted via OJS in Microsoft Word format. ֎ The articles should follow APA reference, with the body note, max 4000 words, and APA citation style.
Articles 2,568 Documents
The Determination of Exchange Rate, Production Volume, Average Price, and Gross Domestic Product on the Export Value of Indonesian Nutmeg Seeds (HS-090811) to China Febriyan Athalla Nail Maedy T.; Niniek Imaningsih
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7470

Abstract

Indonesia is one of the largest producers and exporters of nutmeg in the world. Nutmeg plays a very crucial role in improving the Indonesian economy. One of the destination countries for nutmeg exports is China. This study aims to determine the factors that influence the Export Value of Indonesian Nutmeg to China. The data in the study were analyzed using a quantitative approach using the Multiple Linear Regression Analysis method. The results of the study indicate that the Exchange Rate has a negative and significant effect on the Export Value of Indonesian Nutmeg Seeds to China, the Amount of Production and Average Price have no effect on the Export Value of Indonesian Nutmeg to China, and China's GDP has a significant positive effect on the Export Value of Indonesian Nutmeg to China.
The Role of Financial Literacy, Ease, and Trust in the Intentions of Students in Cirebon in Using Digital Finance Eja Agustiana; Aprizal Suwanda; Putri Puspita Ayu
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7474

Abstract

This study examines whether financial literacy, perceived ease, and trust can influence the increase in students' intention to use digital financial services. This research uses a quantitative approach processed using SPSS, with a sampling method through the Google Form platform and shared via social media. The population targeted by this study was students of the Faculty of Economics and Business, Swadaya Gunung Jati University, Cirebon. The sampling technique used was purposive sampling with certain predetermined criteria, with a sample of 258 respondents. The results showed that financial literacy, ease, and trust have a significant influence on the intention to use digital financial services. In particular, financial literacy has a positive impact, indicating that better financial understanding correlates with a higher propensity to adopt digital financial services. Nonetheless, these findings also highlight the need for increased financial literacy education, especially among university students.
Analysis of Consumer Preference Comparison Toward Sources of Animal Protein: Application of the Theory of Planned Behavior Angga Adi Prihananto; Anna Amalyah Agus
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7475

Abstract

This study aims to analyze consumer behavior regarding animal-based protein consumption in Indonesia using the Theory of Planned Behavior (TPB). The research focuses on the influence of attitude, subjective norm, perceived behavioral control, and past experience on the intention to consume protein sources such as chicken, fish, eggs, and beef. A quantitative approach was employed using Partial Least Squares-Structural Equation Modeling (PLS-SEM), supported by Multigroup Analysis to examine differences across demographic groups including age, education, income, and region. The results show that all TPB constructs significantly influence consumption intention, with Past Experience emerging as the most dominant predictor. The multigroup analysis revealed a statistically significant difference only in the Subjective Norm → Behavioral Intention path based on regional residence. These findings offer practical insights for food industry stakeholders and policymakers to design more targeted strategies to promote animal protein consumption.
Enhancing Green Purchase Intention Through Corporate Social Responsibility (CSR): The Mediating Role of Green Perceived Value Zaneta Zakirena Sanjiwo; Nurdin Sobari
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7480

Abstract

This study aims to analyze the role of green brand image, green trust, and green perceived value (GPV) as mediators between Corporate Social Responsibility (CSR) and consumer responses, including green purchase intention (GPI), word-of-mouth (WOM), and willingness to pay (WTP), in the context of developing and marketing environmentally friendly products in Indonesia's oil and gas industry. Data was collected through an online survey targeting consumers of oil and gas products, focusing on their perceptions of the benefits of environmentally friendly products and the company's CSR initiatives. The independent variable in this study is CSR, while the mediating variables include green brand image, green trust, and green perceived value. The dependent variables are green purchase intention (GPI), word-of-mouth (WOM), and willingness to pay (WTP). The data were analyzed using the Structural Equation Modeling (SEM) method to explore direct and indirect relationships among variables. The findings of this study are expected to help companies understand the factors influencing consumer behavior, enhance the adoption of environmentally friendly products, and support sustainability strategies in the energy sector.
Analysis of the Impact of Brand Image, Brand Trust, and Brand Awareness on Brand Loyalty Toyota Car in Cirebon Akyadi Akyadi; Isma Fazriyah
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7482

Abstract

The purpose of this research is to find out how much of an impact brand perception, trust, and knowledge have on Toyota customers' loyalty in Cirebon City. The method was quantitative, and it made use of a 4-point Likert scale, from (1) very disagree to (4) very agree. We want to reach out to everyone living in or around Cirebon City and the adjacent regency who drives a Toyota. The population size was not known, thus a sample size of 100 respondents was determined using the Lemeshow method and simple random sampling. Validity evaluations, multiple regression analysis, t-tests, F-tests, and the computation of the coefficient of determination were all part of the data analysis that was carried out using SPSS version 26. Brand awareness had the greatest impact on brand loyalty, with 62% (β = 0.622) of the total, followed by brand image at 41% (β = 0.401), and finally, brand trust at 14% (β = 0.147), according to the data. In addition, the results of the t-test show that brand awareness and brand image have a substantial influence on brand loyalty, but brand trust does not.
The Effect of Digital Service Quality and Customer Trust on Shopee E-Commerce Customer Loyalty in Cirebon Armando Armando; Revanza Rizky Ramadhan
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7490

Abstract

The rapid development of digital technology has driven significant changes in consumer behavior, particularly through e-commerce platforms. Shopee, as one of Indonesia's leading e-commerce platforms, continues to improve its service quality and build trust to maintain customer loyalty. This study aims to analyze the influence of digital service quality and customer trust on Shopee user loyalty in Cirebon. The method used was a quantitative survey approach, involving 135 respondents selected through purposive sampling. Data were collected through a Likert-scale questionnaire and analyzed using multiple linear regression with SPSS. Validity, reliability, normality, heteroscedasticity, t-test, F-test, and coefficient of determination tests were conducted to ensure the validity of the research model. The study's results indicate that both digital service quality and customer trust have a positive and significant impact on customer loyalty. Together, these two variables explain 59.7% of the variability in customer loyalty. These findings suggest that enhancing digital service quality and fostering trust are crucial strategies for Shopee in maintaining customer loyalty amid increasingly competitive e-commerce environments.
The Influence of Training, Human Resource Development, and Competence on the Performance of Sleman District MSMEs Viky Ridwantoro; Rinaldi Rinaldi
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7497

Abstract

Micro, Small, and Medium Enterprises (MSMEs), as a pillar of the economy, contribute to the state budget. Training, human resource development, and competence are important strategies for shaping good and optimal business performance. This study aims to analyze the effect of training, human resource development (HR), and competence on the performance of micro, small, and medium enterprises (MSMEs) in the Sleman Regency. The study used a descriptive quantitative approach with data collection through questionnaires distributed online to 200 culinary MSME players in Sleman using Google Forms. The sampling technique used was non-probability, as was the quota sampling method. All data obtained has gone through validity and reliability tests to ensure the quality of the instrument. Data were analyzed using descriptive analysis and multiple linear regression at a significance level of 5% (α = 0.05). The analysis prerequisite tests include normality, multicollinearity, and heteroscedasticity tests. Hypothesis testing used t-test and F-test. The main findings of this study show that (1) training has a positive and significant effect on the performance of MSME actors; (2) HR development has a positive and significant effect on the performance of MSMEs; (3) competence has a positive and significant effect on the performance of MSME actors; and (4) simultaneously, the three variables of training, HR development, and competence have a significant effect on improving the performance of MSMEs in Sleman Regency. This shows that 77.7% of the performance of MSME actors is influenced by the variables of training, HR development and competence, the remaining 22.3% of the performance of MSME actors is influenced by other factors that have not been examined in this study.
Is Market Trends and Sentiment Affected Stock Price? Evidence from Energy Sector in Indonesia Ayunda Rizqi Oktaviana; Anak Agung Gde Satia Utama
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7501

Abstract

This study investigates the relationship between market trends, market sentiment, and stock prices within the energy sector listed on the Indonesia Stock Exchange (IDX). Grounded in behavioral finance theory which emphasizes the influence of psychological and behavioral factors on financial decision-making this research evaluates how fluctuations in public interest and investor sentiment affect stock price dynamics. The study utilizes secondary data extracted from company annual reports, stock price records, and publicly available financial statements covering the period from 2014 to 2023. The sample includes 22 energy sector companies, selected through purposive sampling based on predefined criteria. To measure market trends, the study employs Google Trends scores, while social media sentiment analysis—using Brandwatch—captures investor sentiment. The regression analysis investigates the influence of both variables on stock prices, incorporating control variables such as company size, debt-to-equity ratio, and dividend payout ratio. The empirical findings reveal that both market trends and investor sentiment exert a significant and positive influence on stock prices in the Indonesian energy sector. The implications of these findings extend to several domains. Investors can integrate trend and sentiment indicators into their analytical frameworks to improve decision-making and anticipate stock movements more effectively. Financial analysts and advisors can adopt these behavioral metrics as complementary tools alongside traditional valuation methods.
The Impact of ESG Score on Company Value in Southeast Asia: The Role of Competitive Advantage as a Moderating Variable Yolanda Joshua; Dony Abdul Chalid
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7506

Abstract

This study examines the impact of Environmental, Social, and Governance (ESG) scores on firm value in Southeast Asia, with a focus on how competitive advantage influences this relationship. Using panel data from 90 publicly listed companies across five ASEAN countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) from 2018 to 2023, the research applies fixed-effects regression models to analyze the data. Tobin’s Q is used as a proxy for firm value, while ESG scores are obtained from Refinitiv. Competitive advantage is measured using operational efficiency indicators.The results show that higher ESG scores have a negative effect on firm value, which contradicts the common belief that ESG practices improve corporate valuation. This suggests that ESG implementation may impose additional costs or operational constraints, especially in emerging markets where regulations and awareness are still developing. However, competitive advantage plays a moderating role in this relationship. Firms with strong competitive positions are better able to manage ESG-related risks and costs, helping to reduce the negative impact on firm value. These findings highlight the importance of aligning ESG strategies with a company's core strengths to ensure sustainability efforts do not harm financial performance. Investors should consider both ESG performance and competitive positioning when making decisions. Policymakers are encouraged to design ESG regulations that support sustainability without negatively affecting firm valuation. This study contributes to the growing literature on ESG performance in emerging markets and offers practical insights for firms, investors, and regulators in Southeast Asia. Future research can explore other moderating factors such as industry type, macroeconomic conditions, and regulatory environments.
Analysis of the Influence of Product Design and Perceived Quality on Customer Loyalty Among Hybrid Car Users: The Mediating Role of Customer Satisfaction and Moderating Role of Perceived Value Muchammad Nur Mafazi Aroli; Rizal Edy Halim
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7507

Abstract

The rise of global decarbonization has significantly transformed the automotive industry, with increasing demand for environmentally friendly vehicles. This study aims to analyze the influence of product design and perceived quality on customer loyalty among hybrid car users in DKI Jakarta, with customer satisfaction as a mediating variable and perceived value as a moderating variable. Integrating Expectancy-Value Theory as its theoretical foundation, this study employs a quantitative approach through an explanatory research design. Data were collected from 200 hybrid car users in DKI Jakarta and analysed using Partial Least Squares Structural Equation Modelling (PLS-SEM). The findings reveal that product design and perceived quality positively influence customer loyalty both directly and indirectly through customer satisfaction. Furthermore, perceived value strengthens the relationship between product design, perceived quality, customer satisfaction, and customer loyalty. This research provides theoretical and practical insights for automotive manufacturers to develop effective differentiation and customer retention strategies in an increasingly competitive market by emphasizing attractive product design, high-quality perceptions, and value propositions that enhance customer satisfaction and loyalty.