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 2,181 Documents
Integrated Sustainability Finance Model Based on Maqāṣid Ibnu 'Āshūr – ESG: Policy Recommendations for Regulators and the Islamic Banking Industry Nurbaidah, Siti Umi; Hasan, Asyari
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1: Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

This study proposes a conceptual model of sustainability finance that integrates the principles of maqāṣid al-sharīʿah from Ibn 'Āsyūr's perspective with the Environmental, Social, and Governance (ESG) framework, as a comprehensive value strategy in the Islamic financial system. This model is designed to address the challenge of weak integration between Islamic spiritual values and global sustainability policies, which have tended to be technocratic and symbolic. The research method uses a systematic literature review approach with the PRISMA protocol and thematic synthesis of 27 literatures from Scopus and SINTA journals, as well as official documents from the Financial Services Authority (OJK), the IMF, the BIS, and the World Bank. The result is the formulation of a three-dimensional model (normative, regulatory, practical) that recommends ESG indicators based on maqāṣid, as well as a sustainability policy framework that can be adopted by regulators, the Islamic banking industry, and academics. These findings reinforce the urgency of ESG as a long-term value strategy, aligned with the objectives of sharia and the role of humans as khalifah fil-ardh. This model also contributes to supporting the SDGs goals in a contextual and Islamic manner.
THE EFFECT OF INTRINSIC MOTIVATION AND SELF-EFFICACY ON THE NORMATIVE COMMITMENT OF CIVIL SERVANTS IN THE DEPARTMENT OF COOPERATIVES, MICRO ENTERPRISES AND TRADE IN PONTIANAK CITY Anggara, Dominikus Rendy; Mahdi, Irfan
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1: Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

Human resources are a vital element in carrying out organizational functions, including in government environments. This research is motivated by fluctuations in discipline and performance of Civil Servants (PNS) at the Office of Cooperatives, Micro Enterprises, and Trade of Pontianak City, which indicates the need to strengthen intrinsic motivation and self-efficacy as internal factors that play a role in employee normative commitment. The main problem in this study is whether there is an influence of intrinsic motivation and self-efficacy on the normative commitment of Civil Servants in the agency. The purpose of this study is to determine the effect of two independent variables, namely intrinsic motivation and self-efficacy, on the dependent variable, namely normative commitment. This study uses an associative quantitative method with a survey approach by distributing questionnaires to 55 Civil Servants as respondents. Data analysis was carried out using multiple linear regression with the help of SPSS software. The results of the study indicate that intrinsic motivation and self-efficacy have a positive and significant effect on normative commitment. Partially, intrinsic motivation has a significant effect with a coefficient of 0.365, while self-efficacy has a greater effect with a coefficient of 0.875. The coefficient of determination (R²) of 0.502 indicates that the two independent variables contribute 50.2% to the normative commitment variable. Thus, increasing employee motivation and self-confidence can strengthen their normative commitment in carrying out organizational duties and responsibilities.
Analysis of the Influence of Accounting Implementation and Financial Literacy on Financial Management in MSMEs in Cirebon City Rafiandra, Davind Ervian; Aulia, Syahara Magfirotul; Mahadianto, Yudi
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.v8i3.8393

Abstract

This study aims to analyze the influence of accounting implementation and financial literacy on financial management among Micro, Small, and Medium Enterprises (MSMEs) in Cirebon City. MSMEs are key contributors to the Indonesian economy, yet many still struggle with financial management due to poor accounting practices and low levels of financial literacy. This quantitative research involved 113 MSME actors as respondents, selected using Slovin's formula. Data were collected through questionnaires and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings show that both accounting implementation and financial literacy have a significant and positive influence on MSMEs’ financial management, either partially or simultaneously. Among these, financial literacy has the most dominant impact, indicating that MSME actors with higher financial knowledge are more capable of managing budgets, controlling cash flow, and making sound financial decisions. The model explains 43.1% of the variance in financial management, confirming the relevance of these two variables. These results highlight the importance of improving financial education and encouraging systematic accounting practices to enhance the sustainability and competitiveness of MSMEs.
Pengaruh Dewan Direksi, Kepemilikan, dan Implementasi SDG terhadap Kinerja Keuangan di Sektor Konsumen Non-Siklikal Indonesia Berliana, Syntia Feby; Pudyanti, Stefani Dyah Retno; Lestari, Henny Setyo; Muchtar, Susy
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.v8i3.8396

Abstract

This study aims to analyze the effect of board characteristics, ownership attributes, and SDG implementation on corporate financial performance in Indonesia’s consumer non-cyclical sector. The research uses a quantitative approach with secondary data collected from 41 publicly listed companies between 2022 and 2024. Financial and sustainability reports were used as sources, and the data were analyzed using panel data regression. The findings reveal that female board membership and sales growth have a positive impact on long-term capital efficiency (ROCE), while board independence and institutional ownership negatively affect it. Foreign ownership significantly improves short-term profitability (ROA), while SDG implementation shows a trade-off—reducing ROA but enhancing ROCE. Leverage and firm age positively affect ROA but reduce ROCE, whereas firm size shows the opposite pattern. These results underline that governance mechanisms and corporate characteristics have mixed effects on different dimensions of financial performance. The study provides insights for corporate managers to refine governance strategies and for investors to better evaluate firm fundamentals. Future studies are encouraged to include qualitative approaches and cross-sectoral comparisons to broaden the analysis.
The Deconstruction of the Meaning of Qawwām: A Gender Performativity Perspective Huda, Ahmad Yasir Huda; Edi Wibowo, Safrudin; Usuluddin, Win
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.v8i3.8398

Abstract

The interpretation of QS. An-Nisa' verse 34 has long been one of the most debated topics in gender discourse, particularly regarding the concept of qawwām, which is frequently understood as male leadership over women. This verse has often been cited to justify hierarchical perspectives in gender relations, leading to various interpretations from diverse scholarly viewpoints. This study seeks to deconstruct the meaning of qawwām by analyzing classical and contemporary exegeses through the framework of gender performativity. Using a literature analysis method, the study reveals that classical interpretations typically reflect hierarchical gender norms rooted in the perceived physical superiority and financial responsibility of men, consistent with the socio-historical context of their time. From the perspective of gender performativity, such norms are understood as social constructs perpetuated through repetitive interpretations and religious traditions. In contrast, contemporary exegeses propose more egalitarian interpretations, viewing qawwām as a flexible and dynamic functional responsibility, emphasizing mutuality and gender justice. The study demonstrates that the gender performativity framework can dismantle patriarchal biases in traditional interpretations and offer a new understanding relevant to the challenges of modern society. In conclusion, inclusive interpretations of qawwām provide a vital foundation for fostering equitable and just gender relations. The study underscores the importance of sustaining dialogue between interpretive traditions and contemporary social contexts to ensure that Islamic values remain relevant and responsive to modern challenges.
The Influence of Corporate Governance, Audit Quality, and Investment Decisions on Firm Performance in the Chemical Manufacturing Industry Subsector in Indonesia Wibowo, Risa Alex; Hizana, Muhammad Ismi; Lestari, Henny Setyo; Muchtar, Susy
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.v8i3.8418

Abstract

This study aimed to analyze the influence of corporate governance, audit quality, and investment decisions on the performance of manufacturing companies in the basic and chemical industries sub-sectors listed on the Indonesia Stock Exchange for the period 2020–2024. The research sample consisted of 23 companies selected using the purposive sampling method. Data were obtained from audited financial statements and annual reports, analyzed using panel data regression (FEM and REM) through the E-views 9 application, and considered the potential for endogeneity in the model. The results showed that the size of the board of directors had no effect on the company's performance, while the participation of women on the board had a significant positive influence on performance (ROA, ROE, and ROS). Board size has no effect on ROA and ROS, but has a significant negative effect on ROE. Audit quality, leverage, liquidity, fixed assets, and intangible assets had no effect on ROA and ROE, while company size had a significant positive influence on all three performance indicators. Investment decisions are proven to have no effect on the company's performance. The implication of this research is the importance of increasing regulation and supervision of corporate governance, especially in strengthening the role of women on the board of directors. The government is advised to continue to encourage good governance practices in this sector as a long-term strategy to maintain the stability and sustainability of corporate financial performance
Determination of Toddler Stunting in Indonesia 2020–2023 from an Economic Perspective Maharani, Rianita; Faridatussalam, Sitti Retno
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1: Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

Stunting is a condition characterized by stunted growth and development in children caused by nutritional problems, infectious diseases, and various other factors that can affect children's health. The purpose of this study was to analyze the factors influencing the prevalence of stunting in toddlers in 34 provinces in Indonesia during the period 2020-2023. The variables analyzed included Egg Protein Consumption (KPT), Access to Clean Water (AAB), Access to Health Services (ALK), Average Years of Schooling for Girls (RLSP), and Family Planning (KB). This study used panel data regression analysis with a cross-sectional sample of 34 provinces and a time series sample of 2020-2023. Data were obtained from the Indonesian Central Bureau of Statistics and the Ministry of Health. After conducting the Chow and Hausman tests, the best estimation model for this study was the Fixed Effect Model (FEM). The results of this study indicate that access to clean water and average years of schooling for girls have a significant negative effect on stunting. Meanwhile, egg protein consumption, access to health services, and family planning did not show a significant effect on stunting in the 34 provinces in Indonesia.
Liquidity, Firm Size, and Productivity as Determinants of Sukuk Ratings in Indonesian Listed Firms Rahman, Aiyubi; Kartini, Kartini
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1: Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

The purpose of this study is to analyze the influence of liquidity, company size, and productivity on sukuk ratings at PT Pemeringkat Efek Indonesia. This study employs a quantitative approach using secondary data obtained from the financial statements of companies issuing sukuk during the 2020–2023 period. The research sample consists of 12 companies listed on PT Pefindo, with a total of 48 observations. Data were analyzed using the Panel Data Regression with the Fixed Effect Model and selected through a purposive sampling technique. The analysis results indicate that liquidity does not significantly influence sukuk ratings, suggesting that a company’s current asset level, although important, is not a primary focus in assessing sukuk ratings. Conversely, company size has a significant positive effect, indicating that larger companies tend to receive better sukuk ratings. Productivity, on the other hand, also has no significant effect, implying that asset efficiency is not always a main consideration in sukuk rating evaluation. The novelty of this study lies in integrating liquidity, firm size, and productivity within the framework of signaling theory to explain their joint influence on sukuk ratings. The results of this study can be used by sukuk-issuing companies to focus more on managing firm size as a key factor in enhancing sukuk attractiveness in the Islamic capital market. Furthermore, this research enriches the Islamic finance literature by identifying factors affecting sukuk creditworthiness and provides useful insights for investors in evaluating the risks and potential returns of sukuk investments.
The Influence of Information Transparency and Brand Trust on Purchase Decisions for the “Boost Juice” Product Hamada, Keysha Aulea; Ridanasti, Erlita
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1: Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

This study aims to analyze the influence of product health information transparency and brand trust on purchasing decisions for Boost Juice. The research was conducted on consumers at Yogyakarta, with a sample of 105 respondents selected through purposive sampling. A quantitative approach was used, applying multiple linear regression analysis to examine both the partial and simultaneous effects of the independent variables on purchasing decisions. The descriptive analysis showed that the average score for information transparency was 32.86 and for brand trust was 32.39, both reflecting positive consumer perceptions. The purchasing decision variable had an average score of 32.64, indicating strong consumer tendencies to choose Boost Juice. Partially, product health information transparency had a positive and significant effect on purchasing decisions, with a coefficient of 0.252 and a significance value of 0.003. Brand trust showed a stronger influence, with a coefficient of 0.676 and a significance value of 0.000. Simultaneously, both variables significantly influenced purchasing decisions, as evidenced by an F-statistic of 97.442 (p = 0.000). The model explains 65% of the variation in purchasing decisions (Adjusted R² = 0.650). These findings support Relationship Marketing Theory, emphasizing that transparency in information and strong brand trust are essential in building long-term relationships with customers and encouraging purchasing decisions for healthy beverage products.
The Influence of Organizational Culture & Training Programs on Employee Performance with Self-Efficacy as an Intervening Variable at the General Secretariat of the Ministry of Agrarian Affairs & Spatial Planning/National Land Agency Noviandi, Ilham Pratama; Hadiyat, Yayan; Tampubolon, Radjab
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.v8i3.8449

Abstract

This research was conducted to determine the influence of organizational culture and training programs on employee performance through self-efficacy, at the General Secretariat of the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency. This research was conducted within the General Secretariat of the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN). This research is expected to provide input for institutions to strengthen a more open and innovation-supporting organizational culture, improve the effectiveness of training programs to better meet employee needs, and build stronger employee self-efficacy, thus directly contributing to improved employee performance. In this study, sampling was conducted using the Simple Random Sampling method, distributing questionnaires to 163 employees. The data obtained from the questionnaires were then analyzed using SmartPLS software version 3 to test the formulated model of relationships between variables, namely organizational culture, training programs, self-efficacy, and employee performance. The research results indicate that organizational culture influences employee performance, training programs do not influence employee performance, and organizational culture and training programs affect self-efficacy. Self-efficacy does not influence employee performance, organizational culture does not affect employee performance through self-efficacy, and training programs do not influence employee performance through self-efficacy.