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 2,682 Documents
Determinasi Pengungkapan Kepatuhan Syariah Pada Negara Gulf Cooperation Council (GCC) Berdasarkan Standar AAOIFI Sabani, Fauza Dwi Annisa; Mursyid, Mursyid; Rahmi, Maisyarah
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i2.9489

Abstract

Sharia compliance is a concept referring to adherence or conformity to the principles of Islamic law in various aspects of life, including economics, finance, business, and social matters. This research aims to analyze the factors suspected to influence Sharia compliance based on AAOIFI standards, namely Sharia supervisory boards and risk management. The study adopts a quantitative approach with data sourced from the financial reports of seven companies located in GCC countries. The method employed in this research is multiple linear regression analysis using SPSS version 25 software. The findings indicate that, partially, the educational background of Sharia supervisory board members, the number of Sharia supervisory board members, and liquidity risk have a positive impact on Sharia compliance. Conversely, the educational background in fiqh muamalah (Islamic commercial jurisprudence) of Sharia supervisory board members and credit risk have a negative impact on Sharia compliance.
Family Factors as the Primary Determinant of Learning Independence: An Empirical Study of Tiara School Elementary Students Sangaji, Abdul Canter; Albertus, Doni Koesoema; Rahmi, Rahmi; Santi, Vera Maya
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

This study aims to examine the influence of family factors on the learning independence of students at Tiara School Elementary School Jakarta. Family factors analyzed include parental support and attention, grade level, number of children, time spent assisting the child, family income, and parents’ educational attainment. The study employed a quantitative approach using a questionnaire distributed to 55 parents of students from grades 1 to 6. Data were analyzed using multiple linear regression to determine the simultaneous and partial effects of the independent variables on students’ learning independence. The results indicate that parental support and attention and grade level have a significant positive effect on learning independence, while the number of children, time spent assisting the child, family income, and parents’ educational attainment do not have a significant direct effect. The regression model shows that approximately 39.9% of the variation in learning independence can be explained by the family-related variables studied. These findings suggest the importance of active and supportive parental involvement and highlight the developmental differences across grade levels in fostering students’ capacity for self-directed learning. Practically, the study emphasizes the need for schools and parents to collaborate in promoting quality parental engagement that encourages autonomy and self-regulated learning in students.
The Effect of SDG Disclosure, Intellectual Capital, and Institutional Ownership on Financial Performance in Energy Companies Listed on the Indonesia Stock Exchange in 2022–2023 Aisyah, Yusdian Dwi; Inayati, Nur Isna; Pramono, Hadi; Setyadi, Edi Joko
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i2.9513

Abstract

This study aims to determine the effect of disclosure of Sustainable Development Goals (SDGs), Intellectual Capital (IC), and Institutional Ownership on the financial performance of energy sector companies listed on the Indonesia Stock Exchange (IDX) in the period 2022-2023. This study uses a quantitative method with a sample size of 140 observations obtained from companies' annual reports and sustainability reports. Data analysis in this study was conducted using Stata. The content of the analysis is subject to the author. Intellectual Capital reflects the efficiency and knowledge capacity of companies that utilize their intellectual capital well and tend to be more innovative, a condition that can increase added value for companies. Institutional ownership was chosen to describe corporate governance because investors have greater ability and interest in supervising management, so that corporate decision-making is expected to be more focused. Financial performance in this study was measured using ROA, as it can show how effectively a company manages its assets to generate profits. The results of this study show that the SDGs variable has a positive effect on financial performance, intellectual capital has no effect on financial performance, and institutional ownership also has no effect on financial performance
ESG Score and Stock Price Volatility: The Moderating Role of Dividend Policy in the Indonesian Capital Market (2023–2024) Adri, Adri
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.v9i1.9523

Abstract

Environmental, Social, and Governance (ESG) initiatives are gaining prominence in global capital markets. Yet, prior studies show mixed results regarding how ESG performance relates to stock price volatility, especially in emerging markets such as Indonesia. Objective: This study analyzes the influence of ESG scores on stock price volatility and explores whether dividend policy moderates this relationship among firms listed on the Indonesia Stock Exchange during 2023–2024. The study applies panel data regression to Indonesian publicly listed companies over the 2023–2024 period. Stock price volatility, calculated using the Parkinson method, is used as the dependent variable. ESG scores from the Katadata ESG Index serve as the independent variable, while the dividend payout ratio functions as the moderating variable. Control variables include firm size, return on assets, and leverage. Research Results: The results indicate that ESG scores do not significantly influence stock price volatility. Meanwhile, dividend policy shows a significant positive effect, meaning that firms with higher dividend payouts experience greater, not lower, price fluctuations. The moderating role of dividend policy is also found to be insignificant. These outcomes imply that macroeconomic factors and retail investor behavior play a stronger role than ESG performance in shaping stock price volatility in Indonesia. Originality/Novelty: This research contributes evidence that the stabilizing effects of ESG initiatives and dividend policy are context dependent, influenced by market development, investor sophistication, and regulatory structures. The findings question the universal relevance of signaling theory and stakeholder theory in emerging market settings.
ANALYSIS OF THE EFFECT OF EARNING PER SHARE (EPS) AND RETURN ON EQUITY (ROE) ON STOCK PRICES: A STUDY OF STATE-OWNED ENTERPRISE (BUMN) ISSUERS ON THE INDONESIA STOCK EXCHANGE IN THE 2015-2024 PERIOD Marwah, Nur Aliyah; Budiyanti, Hety; Hayati, Nur
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i2.9527

Abstract

This study aims to determine: (1) the effect of Earning Per Share (EPS) on stock prices in parent state-owned enterprise issuers, (2) the effect of Return on Equity (ROE) on stock prices in parent state-owned enterprise issuers, and (3) the effect of Earning Per Share (EPS) and Return on Equity (ROE) together on stock prices in parent state-owned enterprise issuers listed on the Indonesia Stock Exchange. This study uses a quantitative approach with an associative research type. The data used are secondary data obtained from annual financial reports and stock price data of parent state-owned enterprise issuers listed on the Indonesia Stock Exchange during the 2015–2024 period. The sampling technique was carried out by purposive sampling. The data analysis method used is panel data regression with the help of EViews software. The results of the study indicate that: (1) Earning Per Share (EPS) partially has a positive and significant effect on the stock price of parent BUMN issuers with a value (p-value 0.02 < 0.05), (2) Return on Equity (ROE) partially has a positive and significant effect on the stock price of parent BUMN issuers with a value (p-value 0.01 < 0.05), and (3) Earning Per Share (EPS) and Return on Equity (ROE) simultaneously have a significant effect on the stock price of parent BUMN issuers with a value (p-value 0.000 < 0.05). In addition, company size as a control variable also strengthens the relationship between the company's fundamental performance and stock prices.
INTENTIONS TO REDUCE FOOD WASTE IN YOGYAKARTA: THE INFLUENCE OF RESPONSIBILITY AWARENESS, NORMS, AND BEHAVIORAL CONTROL Tugino, Aryo Saputro; Astuti, Budi
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i2.9530

Abstract

This study examines household intentions to reduce food waste in the Special Region of Yogyakarta by testing the effects of awareness, personal responsibility, social norms, and perceived behavioral control within the TPB and NAM perspective. A cross sectional survey was administered to households in Yogyakarta using a structured questionnaire. Data were analyzed with descriptive statistics and multiple linear regression using SPSS to estimate both partial and simultaneous effects. Descriptive results indicate that intention to reduce food waste, awareness, personal responsibility, social norms, and perceived behavioral control are generally high, suggesting strong readiness for more sustainable food management practices. The regression model is significant with an F value of 53.266 and a p value below 0.001. The coefficient of determination is 0.448, meaning the four predictors explain 44.8 percent of the variance in intention. Each variable has a positive and significant partial effect with t values of 3.907 for awareness, 4.418 for responsibility, 4.048 for social norms, and 8.154 for perceived behavioral control. Perceived behavioral control is the most dominant predictor with a beta value of 0.390.
The Effect of Leadership, Workload, and Company Culture on Work Performance with Employee Engagement as an Intervening Variable Amaliyatus, Anistiana; Herlambang, Toni; Fatimah, Feti; Maryam Z, Amalina
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

This study aims to analyze the influence of leadership, workload, and company culture on work performance with employee engagement as an intervening variable. The study used a quantitative approach with a census method on 135 employees at the Tempurejo District Office, Jember Regency. Data were collected through questionnaires and analyzed using Partial Least Square–Structural Equation Modeling (PLS-SEM). The results showed that leadership, workload, and company culture had a positive and significant effect on work performance, both directly and indirectly through employee engagement. Employee engagement was proven to act as a mediating variable that strengthens the relationship between organizational factors and work performance. These findings emphasize the importance of effective leadership, proportional workload management, and a positive work culture, healthy companies in improving public sector employee engagement and performance.
The Influence of Corporate Culture, Competency, and Training & Development on Employee Performance with Leadership as an Intervening Variable Rohmah, Nurul; Qomariyah, Nurul; Martini, Ni Nyoman Putu; Satoto, Eko Budi
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

The competitive nature of the skincare and healthy care industry demands companies to have a strong corporate culture, competent employees, and effective leadership to achieve optimal performance. This study aims to examine the influence of corporate culture, competence, training & development on employee performance with leadership as a mediating variable at PT. FTWO Sukses Globalindo Banyuwangi. The study population consisted of 117 employees with a sample of 102 respondents. The analysis method used was Partial Least Square Structural Equation Modeling (PLS-SEM). The results showed that corporate culture, competence, and training & development have a positive and significant effect on employee performance. Leadership was proven to act as a mediating variable that strengthens the influence of these three variables on performance. These findings indicate that the stronger the corporate culture, the higher the employee competence, and the more effective the training and development programs carried out, the more optimal employee performance will be through effective leadership. This study recommends that companies continue to strengthen the implementation of an adaptive corporate culture, improve competency development programs based on job needs, and encourage participatory and transformational leadership styles to maintain the sustainability of employee performance improvements in the long term.
Determinant of the Prevalence of Undernourishment (POU) in Districts/Cities of Papua Province from 2021–2024 Tamara, Wennar; Puspitasari, Inda Fresti
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

The study aims to analyze factors related Prevalence of Undernourishment (PoU) in 29 districts and city of Papua Province from year 2021-2024. The proportion of the population that does not consume enough energy is PoU. Panel data regression model using the Fixed Effect Model (FEM) was employed in the analysis. Variables such as economic growth, poverty, population density, average length of schooling and life expectancy have been considered. The estimation results show that the PoU is negatively and significantly influenced by economic growth, while number of poor people and life expectancy have a positive and significant influence. These findings confirm that increasing economic growth and reducing poverty are important strategies for reducing food insecurity in Papua. Thus, the implementation of policies focused on inclusive economic growth and poverty alleviation is expected to support the achievement of Sustainable Development Goal (SDG) 2, “Zero Hunger,” while improving the welfare of the community.
The Role of Influencer Dr. Tirta in Marketing Running Shoes on Social Media and Its Impact on Generation Z’s Purchase Intention in Indonesia Fauzan, Akbar Rizky; Setyaning, Alldila Nadhira Ayu
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i2.9606

Abstract

This study examines the role of influencers in digital marketing, focusing on Generation Z, who are highly responsive to social media content and trust-based interactions. Dr. Tirta, a credible doctor and sports figure, serves as a case study to assess his effectiveness in shaping purchase intentions for running shoes in Indonesia. The research investigates the influence of social media content, engagement and interaction, brand awareness and perception, and influencer marketing impact on Generation Z’s purchase intentions, while identifying which factors most strongly drive decisions. Using a quantitative survey design with online questionnaires and SEM-PLS analysis, the results reveal that engagement and interaction exert the most potent effect on purchase intention, followed by brand awareness and perception, and influencer marketing, with social media content also contributing positively but to a lesser extent. These findings highlight the importance of expertise-based influencers, authentic interactions, credibility, and consistent messaging in fostering consumer trust. Overall, Dr. Tirta’s role significantly influences Generation Z’s purchasing decisions, and future research should explore moderating variables, such as consumer trust and audience personality traits, to deepen the understanding of influencer marketing dynamics.