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 2,324 Documents
Determinant of Employee Engagement Based on Transformational Leadership, Compensation, and Work Environment at Lasmono Group in Surabaya Zalman Alfarizt; Jojok Dwiridotjahjono
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.v8i3.8690

Abstract

This study aims to analyze the influence of transformational leadership, compensation, and work environment on employee engagement at Lasmono Group in Surabaya. The research was prompted by a strategic paradox within the company: despite low employee turnover rates suggesting high satisfaction, the actual level of employee engagement remained unmeasured, posing a risk of "false satisfaction." This quantitative study employed an associative causal design. The population consisted of all 120 employees at the Lasmono Group headquarters, with data collected through a saturation sampling technique. Data were gathered via questionnaires and analyzed using multiple linear regression with SPSS 26. The findings reveal that transformational leadership and work environment have a significant positive partial effect on employee engagement. However, compensation was found to have no significant partial effect. Simultaneously, all three independent variables collectively exert a significant influence on employee engagement. The coefficient of determination (Adjusted R²) indicated that 31.8% of the variance in employee engagement could be explained by these three variables, while the remainder is influenced by other factors outside the scope of this research. This study concludes that relational and psychological factors are more potent drivers of engagement than financial incentives in this specific organizational context.
Design of an Effective Accounting System in Financial Management at UD Pratama Jaya Furniture Andreuw Kristian Pantow; Christony Maradesa; Wenny Anggeresia Ginting; Meike Negawati Kesek; Maykel Alexander Tampenawas
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.v8i3.8692

Abstract

The design of an accounting system plays an important role in providing information for business decision-making. Most business entities in Indonesia are categorized as MSMEs, where accounting information continues to hold an essential role as the basis for decision-making to support future business development. An appropriate accounting system design can help MSMEs achieve their business objectives. UD Pratama Jaya Furniture is a micro business entity engaged in trade activities, focusing on the sale of various types of furniture. However, based on initial observations, the entity has not yet implemented a proper accounting system in its business operations. The research results include the design of an accounting system consisting of form or document designs, account codes, journals, ledgers, financial statements, as well as cash purchase and sales procedures. With a structured system in place, UD Pratama Jaya Furniture can record transactions systematically, reduce the risk of recording errors, present understandable financial information, and provide accurate data for decision-making.
Analysis of the Implementation of the Circular Economy System in Waste Banks to Increase Added Value from the Perspectives of Economy, Environment, Social, and Governance (Case Study: Binsik Paser Waste Bank) Amalia Salwa Najwati; Masiyah Kholmi; Mursidi Mursidi
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.v8i3.8714

Abstract

This study aims to analyze the implementation of the circular economy system at BINSIK Paser Waste Bank in enhancing added value from the perspectives of economy, environment, social, and governance (ESG). Using a qualitative case study approach, data were collected through observation, in-depth interviews, and documentation involving waste bank managers, the local community, and the Environmental Agency of Paser Regency. The results indicate that the application of circular economy principles based on the 5Rs (Reduce, Reuse, Recycle, Recovery, and Repair) can increase community income, reduce the volume of waste sent to the final disposal site (TPA), lower carbon emissions, and strengthen community literacy and participation in waste management. Furthermore, good governance of the waste bank is reflected in its clear organizational structure, transaction transparency, and accountable reporting. These findings demonstrate that the implementation of a circular economy in waste banks not only contributes to sustainable development but also simultaneously creates economic and social value through the principle of Creating Shared Value (CSV).
The Effect of Credit Risk, Liquidity, and Capital Structure on the Financial Performance of Conventional Banks with Profitability as a Control Variable Maulana Fajar Satriawan; Wuryaningsih Dwi Lestari
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.8735

Abstract

This study analyzes the effect of credit risk, liquidity, and capital structure on the financial performance of conventional banks, with profitability as a control variable. The research employs a quantitative method using panel data from conventional banks listed on the Indonesia Stock Exchange during the 2021–2024 period. The variables examined include NPL, LDR, CAR, ROE, and ROA, with testing conducted through panel data regression. The results show that credit risk has a significant positive effect, liquidity has a positive but insignificant effect, while capital structure demonstrates a negative and insignificant effect. Profitability is found to have a significant positive effect. Simultaneously, the research variables explain 74.64% of the variation in financial performance, with the remaining portion influenced by other factors. These findings emphasize that credit risk management and profitability play a crucial role in strengthening banks’ financial performance. Therefore, management should focus on risk control and profitability maintenance to enhance competitiveness and investor confidence.
Analysis of Blue Accounting Sustainability in Seaweed Cultivation from Economic, Social, and Environmental Perspectives (Study on: Seaweed Farmers In Banggai Regency, Central Sulawesi) Suci Rahmadani Djamaludin; Uci Yuliati; Nurul Asfiah
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.v8i3.8737

Abstract

Seaweed farming has become one of the primary livelihoods for coastal communities in Indonesia, particularly in Tanjung Tuwis Village, Banggai Regency, Central Sulawesi. Despite its potential, the sustainability of seaweed cultivation remains challenged by economic, social, and environmental issues. This study seeks to examine the sustainability of seaweed farming practices within the framework of Blue Accounting by addressing the problem of how cultivation activities contribute to the economic welfare of farmers, social dynamics of the community, and ecological impacts on coastal resources. The research aims to provide a comprehensive understanding of seaweed farming sustainability that can guide policymakers in the fisheries sector. Using a qualitative descriptive approach, data were collected through observations, semi-structured interviews, and focus group discussions with farmers, village officials, community leaders, and representatives from the Fisheries Service of Banggai Regency. Secondary data were obtained from academic literature, reports, and supporting documents. Data validation employed triangulation of sources, techniques, and time, while thematic analysis was conducted based on the Triple Bottom Line framework, covering economic (profit), social (people), and environmental (planet) aspects. The results reveal that seaweed farming significantly contributes to household income and local economic development, enhances social cohesion and institutional participation, but also poses challenges in environmental management, particularly related to waste, cultivation impacts, and conservation awareness. Overall, the study highlights the importance of integrating economic benefits with social empowerment and ecological preservation to achieve sustainable coastal resource management.
Innovative Design of an Effective E-Commerce Web Model for Optimizing the Distribution of Agricultural Products in Rural Areas Surya Danang; Durand Fernandito Freddy Setlight; Fricy O. Rumintja
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.v8i3.8740

Abstract

Objectives: This study aims to identify the key distribution barriers faced by farmers, develop an appropriate e-commerce model, and analyze the primary factors influencing the adoption of digital platforms in Sinsingon Village, North Sulawesi. Methodology: A survey of 75 farmers was conducted to capture distribution challenges and adoption readiness. The data were analyzed using descriptive statistics, Pearson correlation, and multiple linear regression to examine the relationships between six independent variables perceived ease of use, perceived usefulness, digital literacy, social support, internet infrastructure, and electricity infrastructure and farmers’ intention to adopt digital platforms. Findings: The study identified five major distribution barriers: the absence of a digital marketing platform, dependency on middlemen, inadequate storage facilities, weak bargaining power, and limited access to accurate price information. The majority of respondents (79%) favored a Business-to-Business (B2B) e-commerce model due to its efficiency in handling bulk transactions and institutional buyers. Regression results indicated that all variables significantly influenced adoption intention, with an explanatory power of R² = 0.74. The most influential factor was perceived usefulness (β = 0.38), followed by perceived ease of use (β = 0.29), social support (β = 0.26), internet infrastructure (β = 0.24), digital literacy (β = 0.21), and electricity infrastructure (β = 0.19). Conclusion: The findings confirm the applicability of the Technology Acceptance Model (TAM) and underscore that successful adoption requires not only technical readiness but also socio-economic integration. This study offers a conceptual blueprint for a B2B agricultural e-commerce system tailored to rural contexts, with the potential to improve efficiency, inclusivity, and sustainability in agricultural distribution.
Bitcoin, LQ45, Gold, and Rupiah Exchange Rate: A Comparative Study for Investment Decisions Fandi Ahmad; Purwanto Purwanto
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.v8i3.8751

Abstract

This study aims to compare the performance of four investment instruments: the cryptocurrency Bitcoin, LQ45 stocks, gold, and the rupiah exchange rate against the dollar in determining investment decisions. The growing public interest in various forms of investment, particularly digital assets like Bitcoin, has emphasized the importance of analysis that considers risk and return. This study employed a quantitative method with a comparative approach. The data used were the annual closing prices of each investment instrument for the period 2014 to 2023. Performance analysis was conducted using three evaluation methods: the Sharpe, Treynor, and Jensen methods. The results show significant differences in performance between investment instruments depending on the measurement method used. Bitcoin exhibits high returns but also carries high risk, while gold demonstrates greater stability, and LQ45 stocks have experienced a post-pandemic recovery. The rupiah exchange rate against the dollar is influenced by external factors such as monetary policy and global economic conditions. This study contributes to investors' selection of investment instruments that align with their risk profiles and serves as a reference for financial institutions and academics in understanding the characteristics of each instrument.
Land Policy Strategy in Peatlands of Pandan Sejahtera Village, Geragai District, East Tanjung Jabung Regency Dwi Nila Wahyuningsih; Ernan Rustiadi; Didit Okta Pribadi
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.8768

Abstract

The condition of land ownership, possession, and use in Pandan Sejahtera Village is predominantly characterized by unregistered land under mixed garden use. Among registered lands, corporate ownership dominates with a Right to Cultivate (Hak Guna Usaha) of 1,009.85 hectares, primarily for oil palm plantations, compared to individual ownership (Hak Milik). The regulatory framework of the Indicative Moratorium Map on Primary Forests and Peatlands (PIPPIB) serves as the main reference for reviewing land policy in the peatlands of Pandan Sejahtera. The PIPPIB boundary aligns with the provincial forest zone boundary in Jambi. Based on Ribot and Peluso’s (2003) Access Theory, structural authority mechanisms influence the legality and land use rights of peatland areas recognized under the law. Policy recommendations highlight the S1,O2 strategy as a priority, emphasizing the utilization of existing regulations and technical support from institutions for peatland restoration as a key opportunity for effective land policy implementation.
Analysis of the Determinants of the Gender Development Index (GDI) in Central Java Province, 2019-2023 Nabila Athaya Putri; Yuni Prihadi Utomo
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.8771

Abstract

The Gender Development Index (GDI) serves as a key indicator to evaluate a country's success in achieving gender equality. This study aims to examine the factors that influence the GDI across Regencies and Cities in Central Java Province during the period 2019 to 2023. The analytical method employed is panel data regression, utilizing data from 35 Regencies/Cities in the province over the specified period. The results indicate that the Fixed Effect Model (FEM) was selected as the best-fitting model, offering high predictive accuracy. Government Expenditure on Health and Education (GSHE), Gross Regional Domestic Product per Capita (GRDP), and the Proportion Men and Women (PW) were found to have a positive on the GDI. Conversely, Women’s Participation in Parliament (WPP), Average Per Capita Education Expenditure (CPEND), Integrated Health Service Posts (POSY), and the Poverty Rate (POVRATE) were not found to have on the GDI. Quality and equitable women's empowerment is key to achieving gender equality. This requires not only adequate funding and quantitative improvements, but also inclusive and gender responsive policymaking.
The Interplay of Work-Life Balance and Job Stress in Shaping Organizational Commitment: Evidence from the Hospitality Sector Budi Iriani Yudaningrum; Alwin Lasarudin; Dita Rachmawati
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.8782

Abstract

This study aims to analyze the effect of Work-Life Balance (WLB) and Work Stress on Organizational Commitment among employees in the hospitality sector. A quantitative study with a cross-sectional survey approach was conducted on 110 employees from various departments in 4 and 5-star hotels in Malang. Data were collected using an online questionnaire containing scales for Work-Life Balance (10 items, adapted from Haar et al., 2019), Work Stress (10 items, adapted from Perceived Stress Scale, Cohen & Williamson, 1988), and Affective Commitment (8 items, adapted from Allen & Meyer, 1990). Data were analyzed using multiple regression analysis with SPSS. The results show that Work-Life Balance has a positive and significant effect on Organizational Commitment (β = 0.349, p < 0.001). Conversely, Work Stress has a negative and significant effect on Organizational Commitment (β = -0.342, p < 0.001). Both variables collectively explain 82.4% of the variance in Organizational Commitment (Adj. R² = 0.824). These findings highlight the importance of WLB and stress management in enhancing employee commitment in the hospitality industry.