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Mohamad Toha
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Jalan Raya Tirtowening Jl. Raya Tirtowening Pacet No.17, Bendorejo, Bendunganjati, Kec. Pacet, Kabupaten Mojokerto, Jawa Timur 61374
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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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The Influence of Job Satisfaction and Self-Efficacy on Employee Performance through Organizational Commitment as An Intervening Variable Ayuwangi, Bunga; Hadi, Hafid Kholidi; Wardoyo, Dewie Tri Wijayati; Budiono, Budiono
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4480

Abstract

This research aims to determine and analyze the influence of job satisfaction and self-efficacy variables on employee performance through organizational commitment as an intervening variable at PT. Telkom Access Kediri Sampling using a proportionate stratified random sampling technique amounted to 146 respondents. Data was collected by distributing questionnaires whose validity and reliability were tested to ensure data accuracy and consistency. Data analysis was carried out using SmartPLS software version 3.9.9. This research tests the hypothesis using the Structural Equation Model (SEM) with the Partial Least Square (PLS) analysis method. The measurement scale in this study uses a Likert scale. The results of this research explain that job satisfaction has a positive and significant effect on employee performance. Self-efficacy has a positive and significant effect on employee performance. Organizational commitment has a positive and significant effect on employee performance. Job satisfaction has a positive and insignificant effect on organizational commitment. Self-efficacy has a positive and significant effect on organizational commitment. Organizational commitment is not able to mediate between job satisfaction and employee performance. Organizational commitment can mediate between work self-efficacy and employee performance.
Implementation of Sharia Insurance Risk Management Hasibuan, Indra Mualim; Erianto, Ridho; Sugianto, Sugianto
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 3 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i3.4487

Abstract

Every human activity can certainly have the potential for loss, and this potential is unpredictable. However, the level of loss can be minimized by registering with an insurance company. Insurance is a preparation made by a group of people, each of whom can experience unexpected losses. If the loss befalls one of those who are members of the group, then the loss will be borne jointly. This research is qualitative research using a library study analysis approach with documentation, data collection techniques, and written work of a bibliographic nature. This research aims to describe the implementation of Sharia insurance risk management. There are at least five ways that can be done in dealing with risk, firstly avoiding risk, secondly reducing risk by taking actions that can minimize losses, thirdly holding the risk yourself, fourthly sharing the risk with other parties, this concept is adopted by Sharia insurance as a basic concept and fifthly transfers risk by transferring the risk to another party, this risk transfer concept is then used as a basic concept in conventional-based insurance, where the potential risk to a person transferred to the insurance company.
Meta-Analysis: Impact of Just-in-Time Implementation on Cost Efficiency and Profits Urohman, Taufiq; Suryana, Alvian Jihad; Pandin, Maria Yovita R.; Riyadi, Slamet
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4488

Abstract

Excess inventory results in losses for the industry due to capital being held back, increased storage costs, incurring costs for taxes and inventory insurance, the risk of falling prices and quality, and the potential for damage and theft. Inventory shortages can also cause losses because they can disrupt the production process. This research identified and analyzed 20 journals related to the implementation and impact of just-in-time implementation. Implementing just in time can reduce inventory costs, increase time efficiency and production costs so that producers can focus more on quality, and increase company profits. The implementation of just-in-time is accompanied by an increase in other higher costs, this could be due to constraints in the supply chain, and the risk of erratic demand.
Determinant Of MSMEs Actors' Interest in Applying for Halal Certification (Towards Halal Mandatory 2024) Effasa, Ahmad Saifurriza; Rochmayanti, Dewi
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4489

Abstract

In UUD No.33 of 2014, it is explained that the halal certification decision "halal certification must be present on all products", in its implementation or reality, there are still many products that have not received halal certification. The direction of this research is to examine the impact of religion on halal certification procedures partially and simultaneously, and halal certification regulations on interest in halal certification among MSMEs in Bojonegoro. Based on 168 questionnaires distributed to the audience, by applying proportional stratified random sampling techniques and studied using a multiple linear regression model, research results were obtained which showed that religiosity, halal certification procedures, and certification regulations simultaneously influence the interest in halal certification among MSMEs actors in Bojonegoro. Partially, the variables of religiosity, halal certification procedures, and certification regulations have a positive and significant influence on the interest in Halal Certification among MSMEs in the Bojonegoro area.
Mediation Test of Affective Commitment on the Influence of Perceptions of Organizational Support and Transformational Leadership on Employee Performance Anggita, Sangga Wishnu; Fitriati, Azmi; Astuti, Herni Justiana; Widhiandono, Hengky
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4495

Abstract

Employees play an important role in achieving optimal performance and sustainable competitive advantage as expected. Therefore, special attention needs to be paid to employee development and support. This research aims to analyze and explore the influence of perceptions of organizational support and transformational leadership on affective commitment and employee performance. The population of this study was all employees who worked in the BLUD of Majenang Hospital, Cilacap Regency, Central Java, Indonesia. Sampling in this research used an accidental sampling technique. The data obtained in this research was processed statistically using Structural Equation Modeling (SEM). Based on the results of the data analysis of 278 respondents, this research concludes that POS has no effect on employee performance, but has a positive effect on affective commitment. POS also does not affect employee performance with affective commitment as an intervening factor. Other results show that transformational leadership has a positive effect on affective commitment and employee performance. Transformational leadership also has a positive effect on employee performance with affective commitment as an intervention. The results of this research can theoretically and practically be used by all related parties to improve employee performance and maintain sustainable competitive advantage.
Analysis of the Constitutional Court's Ruling against the Legalization of Medical Cannabis and its Practice in Maqashid Lingga, Ahmad Maulana; Irwansyah, Irwansyah
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4502

Abstract

Medicine is one of the most important things in human life. Many substances can be used as medicine, including marijuana. In this case, according to the decision of the constitutional court, permission was not granted for the medical use of marijuana for various reasons. Even though developed countries like America have allowed the use of marijuana as a medicine. Health services in our country can be said to be quite up-to-date in terms of human resources, however when it comes to granting permits to use marijuana as a source it is not permitted either by general law or by religious law. The many opinions and statements from legal observers and religious leaders make this matter still a matter of debate. Some say that the use of marijuana as a medicine is not a problem if it is still under the supervision of health experts and some say it is not yet the time to allow it because marijuana is a class 1 narcotic, which means it has a very high level of dependence on its users. The Constitutional Court also rejected the use of marijuana as a source of health services because human resources in Indonesia have not been able to accept marijuana as a health service tool, considering and considering the widespread use of narcotics freely, and to date, this has not been addressed by the Government.
The Traditional Market Development Strategy in North Sumatra with an Islamic Economic Perspective Rahmani, Nurahmadi Bi; Aslami, Nuri; Tambunan, Khairina
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4513

Abstract

There are various types of traditional market revitalization taking place in Indonesia, and not all traditional markets are successful after being revived. One of the reasons why not all old markets are successful after revitalization in Indonesia is because there are no guidelines or standards for revitalization. This research aims to see how traditional market development strategies exist in North Sumatra. The method used is SWOT with data collection techniques in the form of in-depth interviews and focus group discussions. Participants in this research were related government agencies, related agencies, academics, and consumers of traditional market traders. The weaknesses of traditional markets in North Sumatra are the inappropriate market location, inadequate facilities and sanitation, lack of use of digital markets and online transactions. The obstacles are the lack of orderly culture in society in carrying out trade transactions in traditional markets, the existence of extortion, and the existence of modern markets. For strength, namely being able to provide awareness of orderly shopping, being able to create clean and safe traditional markets, and maintaining local wisdom. The opportunities available include support from the local government and related agencies, technological developments, and digital market developments. This research recommends that there is a need for appropriate regulations and sustainable programs for the development and existence of this traditional market.
Influence of Return on Equity (ROE) and Debt Equity Ratio (DER) On Company Value and Share Prices Ramadhani Salsabila, Rima; Triyonowati, Triyonowati; Suhermin, Suhermin
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4514

Abstract

This study aimed to examine and analyze the effect of Return On Equity (ROE) and Debt to Equity Ratio (DER) on firm value and the stock price in Real Estate and Property; through annual financial statements and the company's performance that were listed on the Investment Gallery of Indonesia Stock Exchange, STIESIA. Besides, it aims to examine and analyze the effect of Return On Equity and Debt to Equity Ratio on stock prices either directly or indirectly, through firm value. Since firm value was a mediating variable, it could measure the company's performance that was reflected in stock price. Furthermore, the population was 49 companies that were listed on the Gallery of Indonesia Stock Exchange, STIESIA during 2015-2021. The data collection technique used purposive sampling. In line with that, there were 11 Real Estate and Property companies as the sample. Additionally, the data analysis technique used multiple linear regression with path analysis and causal step, as well as SPSS (Statistical Product and Service Solutions). As a result, it is concluded that ROE and DER have a significant effect on firm value. Likewise, the firm value had a significant effect on the stock price. Both ROE and DER have an insignificant effect on the stock price. While DER could increase the risk for stakeholders. In other words, the higher the DER was, the lower the stock price (undervalued) would be. As a result, the stock won't interest the stakeholders. On the other hand, the firm value may not be the mediating variable of ROE on the stock price. However, the firm value could mediate DER on stock price (full mediation). In conclusion, Debt to Equity Ratio (DER) could encourage the stakeholders to invest their stocks in Real and Property companies.
The Influence of Work Engagement on Employee Performance at PT Java Connection Yogyakarta Ilham, Muhammad
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 2 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i2.4515

Abstract

This research aims to analyze and test work engagement on the performance of PT Java Connection employees. This research method uses a quantitative method, with a sample size of 57 where sampling uses a saturated sampling technique, while the data analysis method uses descriptive methods and SEM-PLS. The results of this research show that there is a positive and significant influence between work engagement and employee performance at PT Java Connection. This can be seen from the comparison of t-statistic values ​​and t-table values ​​(3.652 > 1.96) as well as significant p values ​​smaller than 0.05 (0.000 < 0.05), the magnitude of the influence between work involvement and performance is 10.9%, where the remaining 89.1% is influenced by other factors outside this research.
The Influence of Managerial Ownership, Institutional Ownership, and Leverage on Dividend Policy (Case Study of Food and Beverage Companies Listed on The IDX for The 2017-2021 Period) Praduana, Veradela Restu; Rinofah, Risal; Maulida, Alfiatul
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 1 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i1.4523

Abstract

This research aims to determine and analyze the influence of managerial ownership, institutional ownership, and leverage variables on dividend policy. The population is food and beverage companies on the Indonesia Stock Exchange for the 2017-2021 period. The sample of this research was determined by sampling method based on the criteria of companies listed on the Indonesia Stock Exchange (IDX) and the publication of complete reports and data including data from variables that have been studied during the 2017-2021 research period. This research uses quantitative data with multiple linear regression techniques. The research sample was determined using a purposive sampling technique and resulted in a sample of 20 companies. Quantitative analysis includes classical assumption tests (normality test, multicollinearity test, heteroscedasticity test, autocorrelation test), multiple linear regression test, model feasibility test via t-test, F test, and coefficient of determination. Based on the research results, show that managerial ownership does not affect dividend policy, institutional ownership has a positive effect on dividend policy, and leverage has a positive effect on dividend policy. Based on the research results that have been explained, it can be concluded that managerial ownership has no effect on dividend policy, and institutional ownership and leverage have a positive effect on the dividend policy of food and beverage companies listed on the IDX for the 2017-2021 period.

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