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Mohamad Toha
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INDONESIA
IIJSE
Published by Universitas KH. Abdul Chalim
ISSN : -     EISSN : 2621606X     DOI : https://doi.org/10.31538/iijse
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 2,568 Documents
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Village fund Village Fund Usage Improvement Strategy in the Effort to Reduce Poverty in Bogor District Teguh Imanto; Dwi Rachmina; A. Faroby Falatehan
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.v8i3.6554

Abstract

The primary objective of the Village Fund (Dana Desa) is to enhance village autonomy through community development and empowerment, aiming to alleviate poverty. Nationally, the allocation of the Village Fund reached IDR 538.94 trillion during 2015–2023. However, this increase has not had a significant impact on poverty reduction in Bogor Regency. Expenditures relevant to poverty alleviation, as stipulated in Minister of Home Affairs Regulation No. 20 of 2018, primarily fall under the community empowerment sector, as they directly relate to human capital development and village infrastructure. This research aims to (1) analyze the utilization of the Village Fund in poverty reduction efforts in Bogor Regency and (2) formulate strategies for its improvement. The data utilized includes primary data from 20 respondents and secondary data from the BPKP SISKEUDES system, encompassing all planning and realization data for the Village Fund across 416 villages during the 2019–2023 period. Analytical methods employed include simple regression, descriptive analysis, SWOT analysis, and QSPM (Quantitative Strategic Planning Matrix). The research findings indicate that expenditures in the community empowerment sector have not significantly impacted poverty reduction. This is attributed to their persistently low proportion (12.09%) and the suboptimal management of Village-Owned Enterprises (BUM Desa), which contribute, on average, only 10.50% to the village's original revenue (PAD). Furthermore, a significant majority of villages (approximately 71%) that provided capital to BUM Desa have yet to generate any PAD. Therefore, strategies to enhance Village Fund utilization include synergistic oversight through joint audits, optimizing human resources and technology, and strengthening information systems in Village Fund management to support effective village development.
The Effect of Discounts, Influencers, and Packaging Design on Consumer Purchase Intention for Luxcrime Cosmetics in Surabaya Diva Istivarini; Sumainah Fauziah
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.v8i3.6820

Abstract

The beauty industry in Indonesia shows significant growth with increasingly intense competition among various cosmetic brands. Luxcrime emerges as one of the local brands that has successfully attracted attention and is favored by many Indonesian women for offering quality products at economical prices. The purpose of this study is to examine and analyze the impact of discounts, influencer use, and packaging design aspects on purchase interest for Luxcrime cosmetic products in the Surabaya area. The target group in this study is female consumers aged 18 years and above who have used and purchased Luxcrime products and reside in Surabaya. The research uses a quantitative approach with a total of 90 respondents as participants. The sampling technique applies non-probability sampling with purposive sampling method. Data analysis was conducted through multiple linear regression using IBM SPSS version 30 software to test and evaluate the data. Research findings indicate that discount factors, influencer roles, and packaging design elements have influence both individually (partially) and simultaneously on consumer interest in making purchases.
The Influence of Price, Product Innovation, and Service Quality on Competitive Advantage (Study on Hartini MSME Customers in Ponorogo) Melinda Wahyuning Putri; Budi Prabowo
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.v8i3.7273

Abstract

This research seeks to examine how price, product innovation, and service quality affect the competitive advantage of Hartini MSMEs in PonorogoUtilizing a quantitative method with an associative approach, this study gathers data by administering surveys to 100 respondents who are Hartini MSME consumers, using intentional sampling procedures. Data analysis was carried out by multiple linear regression using SPSS assistance, accompanied by classical assumption testing to ensure model feasibility. It was found through the analysis that all three independent variables together have a significant and positive impact on competitive advantage. Partially, each variable also showed a significant effect, with product innovation being the most dominant factor in driving competitiveness. These findings provide strategic insights for MSMEs to continue to innovate and improve product and service quality in the face of increasing competition.
The Influence of Work Stress, Leadership, and Compensation on Employee Performance at PT Bahana Prestasi Surabaya Rara Puspa Kirana; Budi Prabowo
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.v8i3.7285

Abstract

Increased intense business competition encourages all industries from various sectors to create human resource management strategies to improve performance as a foundation for competing against competitors. The implementation of effective human resource management strategies can affect the improvement of employee performance so that it has an impact on organizational performance. The purpose of this research is to understand and analyze the effect of job stress, leadership and compensation on employee performance. In this research, the intended population is all employees of PT Bahana Prestasi Surabaya, using a saturated sampling technique of 54 employees as a sample. The method applied is associative research with a quantitative approach, and uses Multiple Linear Regression analysis techniques. The research results obtained simultaneously the variables of work stress, leadership, and compensation have a significant relationship to employee performance. Partial testing of work stress and leadership variables has a significant relationship to employee performance, while the compensation variable has an insignificant relationship to employee performance.
Leveraging Psychological Capital as a Personal Resource to Enhance Happiness at Work and Drive Extra-Role Behaviors Iis Istiqomah; Yasmine Nasution
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.v8i3.7295

Abstract

This study examines the effect of psychological capital (PsyCap) on happiness at work (HAW) and organizational citizenship behavior (OCB), while exploring the mediating role of HAW. Using data from 1,236 employees of a public financial organization in Indonesia, this research applied confirmatory factor analysis (CFA) and covariance-based structural equation modeling (CB-SEM). The results show that PsyCap significantly enhances OCB, both directly and indirectly through HAW. These findings highlight the critical role of emotional well-being as a psychological pathway that connects personal resources to positive work behavior. By adopting the Broaden-and-Build Theory, this study provides new insights into the mechanisms that promote extra-role behaviors in the workplace, particularly in public sector organizations. It also emphasizes the practical importance of developing PsyCap and fostering happiness at work to support organizational success.
The Influence of Ease of Use, Application Features, and E-Trust on E-Satisfaction (Study on Motion Trade Investment Application Users) Fitri Auliya Rijali; R. Yuniardi Rusdianto
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.v8i3.7378

Abstract

This study is motivated by the growing development of financial technology, particularly in the category of online investment. One of the online investment apps available in Indonesia is Motion Trade. The objective of this study is to analyze the influence of ease of use, application features, and e-trust on e-satisfaction in the Motion Trade investment application, both simultaneously and partially. This research employs a quantitative methodological approach, with data obtained through the administration of an online questionnaire. A purposive sampling method, a type of non-probability sampling, was employed to acquire a sample of 156 respondents. For data analysis, this research employs the technique of multiple linear regression. The results reveal that the variables of ease of use, application features, and e-trust contribute positively and significantly to e-satisfaction, both simultaneously and individually. These findings suggest that improving ease of use, enhancing application features, and building user trust can effectively increase user satisfaction with the Motion Trade application.
The Influence of Brand Awareness, Electronic Word of Mouth, and Brand Trust on Brand Preference for Richeese Factory Among Gen Z in Surabaya Siska Amelia; Rizky Dermawan
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.v8i3.7535

Abstract

The fast-food industry continues to experience rapid growth, especially with changes in consumption patterns among Gen Z that prioritize convenience and practicality. Richeese Factory, as a local brand, faces challenges in enhancing consumer preferences amidst intense competition. This research aims to examine the influence of Brand Awareness, Electronic Word of Mouth, and Brand Trust on Brand Preference for Richeese Factory among Gen Z in Surabaya City. The research method used is quantitative with a sample of 98 Gen Z respondents aged 17-27 who have purchased or consumed Richeese Factory at least once. The sampling technique employed is purposive sampling, and the data are analyzed using Structural Equation Modeling (SEM) based on Partial Least Square (PLS). The results show that Brand Awareness, Electronic Word of Mouth, and Brand Trust have a positive and significant effect on Brand Preference. This finding highlights the importance of marketing strategies that focus on increasing Brand Awareness, managing Electronic Word of Mouth, and maintaining Brand Trust. This research also contributes to the understanding of marketing in the fast-food industry and opens opportunities for further research with other variables and expanding the geographical scope.
The Power of Country of Origin and Brand Love: COSRX Repurchase Intention Journey Update Laelatul Badriyah; Nurisnaeni Nurisnaeni; H. Misbak; Tiara Muthiarsih
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.v8i3.7663

Abstract

Today’s consumer journey needs to be carefully studied by marketers, their ever-changing repeat purchasing behavior requires serious attention from various sides. The Brand they looking for base on more than “Product of View” physically. This research aims to explore the journey of consumers’ repurchase intention in Korean skincare products COSRX through the influence of country of origin and brand love. The method used is quantitative approach with multiple regression, sample is determine from non-probability sampling technique to 260 COSRX consumers of Ciayumajakuning Area – West Java – Indonesia through an online questionnaire survey. The research uses 3 classical assumption tests that are relevant to multiple regression. The results of the study indicate that the journey of consumers repurchase intention in Korean skincare products COSRX is positively and significantly powered partially and simultaneously by country of origin and brand love with a strong category contribution, with the t-table value of 1.969 and the F-table of 404.187. > 3.03. This insight usefully for retailers as well as marketers to keep detail attention of brand not only physically but emotionally.
The Impact of Silicon Valley Bank Bankruptcy on Startup Funding Apriliansyah Apriliansyah; Zuliani Dalimunthe
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.v8i3.7710

Abstract

This research explores how the collapse of Silicon Valley Bank (SVB) influenced startup funding trends in the United States. Using panel data comprising 23,061 startup funding rounds sourced from S&P Capital IQ, the study evaluates shifts in investment behavior before and after the collapse through Ordinary Least Squares (OLS), Difference-in-Differences (DiD), and subsample regression methods. The results show varied impacts depending on the funding stage. Early-stage startups saw a notable 9% rise in funding after the SVB incident, whereas later-stage startups experienced an equivalent 9% decline. Syndicated investments were linked to higher funding amounts at all stages, with more pronounced effects in early-stage rounds. In addition, established tech companies secured significantly less funding compared to non-tech firms in the post-collapse period, highlighting a broader reassessment of valuations within the tech industry. Overall, the findings indicate that the SVB failure led to a reallocation of capital rather than a universal funding downturn, with investors shifting toward more cautious, targeted investments particularly favoring smaller, early-stage ventures amid heightened systemic uncertainty.
The Influence of Madrasah Quality and Brand Image Through Electronic Word of Mouth (E-WoM) on the Decision to Enroll at MI PKP DKI Jakarta Endang Dwi Mulyani
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.v8i3.7733

Abstract

This study aims to analyze the influence of Electronic Word of Mouth (E-WoM), school quality, and citra merek (brand image) on parents' decisions to enroll their children at MI PKP. The research uses a quantitative approach with a sample of 443 respondents, analyzed using SmartPLS software. The results indicate a significant relationship between the variables E-WoM, school quality, and citra merek (brand image) on parents’ decision-making in selecting MI PKP as an educational institution for their children. E-WOM influences parents’ perceptions of the school’s reputation and quality through online reviews and recommendations. School quality, including aspects such as facilities, curriculum, and teacher competency, plays an essential role in influencing this decision. Citra merek (brand image) also contributes to parents' confidence in the education quality at MI PKP. These findings highlight the importance of strategies to improve service quality and manage the school's image to attract prospective students.

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