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 2,520 Documents
Analysis of the Influence of Novel Service Concept, Customer Satisfaction, and Novel Service Procedure on Customer Loyalty Welly Surjono; Ahmad Johan
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6791

Abstract

This study was conducted to see the antecedents of customer loyalty by considering customer satisfaction and service innovation components, namely novel service concept and novel service procedure. The study was conducted on 208 users of streaming service applications such as Spotify, Netflix, Viu, Prime Video, HBO Go, and Disney+ Hotstar, who were selected using purposive sampling techniques with several criteria. Data were obtained from questionnaires distributed online using Google Forms, which were shared on social media of users of streaming service applications. The results of this study indicate that novel service concept, novel service procedure, and customer satisfaction have a positive effect on consumer loyalty. This study contributes to the literature on service innovation and customer loyalty in streaming services, while also providing suggestions for streaming service providers to improve customer retention.
Investment Decisions as a Moderator in Capital Structure, Firm Size, Profitability, and Firm Value Erni Ghuri; Zulfikar Zulfikar
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 3 (2024): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i3.6806

Abstract

This research investigates how financial leverage, firm size, and profitability influence firm valuation, with capital allocation choices examined as a moderating variable. Specifically, it seeks to answer whether these financial factors significantly affect firm value and whether investment decision proxies strengthen these relationships. Utilizing a quantitative approach, the study analyzes secondary data from the financial statements of conventional banks listed on the Indonesia Stock Exchange (IDX) between 2020 and 2022. Multiple linear regression assesses direct effects, while moderated regression analysis tests the interaction effects using SPSS software. Financial leverage is measured through the debt-to-equity ratio (DER), firm size by the natural logarithm of total assets (Ln), profitability by return on equity (ROE), capital allocation choices by the price-earnings ratio (PER), and firm valuation by price-to-book value (PBV). Findings reveal that financial leverage and profitability significantly influence firm valuation, while firm size does not. The lack of significance for firm size may reflect that larger banks in Indonesia are not inherently more efficient or value-generating due to structural or operational inefficiencies. Capital allocation choices have a direct, positive effect on firm valuation, but moderate the impact of profitability, rather than leverage or size. This suggests that investors prioritize profitability when making valuation-based investment decisions. These results are consistent with prior studies that highlight the dominant role of profitability in driving firm value, particularly in emerging markets, where size alone does not guarantee performance or market perception.
The Influence of Work Stress and Thermal Comfort (PMV) on Teacher Performance Mediated by Emotional Intelligence (Bina Wirawan Catholic Junior High School, Maumere, Sikka Regency) Martina Rudolfa Da Mendez; Maria Carolina Tandafatu
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6808

Abstract

Problems of work stress and thermal comfort (PMV) affect teacher performance at Bina Wirawan Catholic Junior High School, Maumere, Sikka Regency, and the role of emotional intelligence in mediating the relationship. This is important to understand to improve teacher performance through stress management, environmental comfort, and strengthening emotional intelligence. This study uses a quantitative method. The saturated sample is 28 (twenty-eight) teachers at Yapenthom 1 Catholic Junior High School, Maumere. Primary and secondary data sources. The data collection technique used was conducting a field study with interviews, installing measuring instruments to determine thermal comfort in schools, and distributing questionnaires to teachers. The results of the study showed that 1). Work Stress and Teacher Performance have a significant influence on teacher performance. Stress can interfere with concentration, interpersonal relationships, and reduce work motivation, which ultimately has a negative impact on teacher performance. 2) Thermal Comfort and Teacher Performance do not show a significant direct influence on teacher performance. However, thermal comfort has been shown to have a positive influence on teacher emotional intelligence. 3). Thermal Comfort and Emotional Intelligence are that a comfortable environment can improve mood, reduce stress, and support the development of emotional intelligence. 4) Emotional Intelligence and Teacher Performance are proven to have a very significant influence on teacher performance. Teachers with high emotional intelligence are better able to build good relationships with students, create a positive learning atmosphere, and motivate students. 5) Thermal Comfort, Emotional Intelligence, and Teacher Performance is Thermal comfort affects teacher performance through emotional intelligence.
The Effect of Promotion, Service Quality, and Price Perception on Gojek Customer Satisfaction Jureid Jureid; Rizka Ar Rahmah; Erni Yusnita Siregar
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6848

Abstract

This study explores how service quality, promotion, and price perception impact customer satisfaction with Go-Jek in Medan, using a quantitative approach with data gathered from questionnaires and interviews among 40 users who had used the Go-Jek app more than five times. The findings indicate that service quality does not significantly affect customer satisfaction, with a t-value of 2.437 exceeding the critical value of 1.688 and a significance level of 0.020. Conversely, promotions negatively influence customer satisfaction, evidenced by a count value of -0.639 compared to the critical value of 1.688 and a significance level of 0.527. Price perception, however, positively correlates with customer satisfaction, as shown by a count value of 5.942 surpassing the critical threshold of 1.688 and a significance of 0.000. Collectively, these factors significantly affect customer satisfaction, with an F-count of 82.143 against an F-table value of 2.87 and a significance of 0.000. The adjusted R-squared value of 0.862 (86.2%) indicates that these variables explain a majority of the variance in customer satisfaction, with the remaining 13.8% attributed to other unexamined factors.
Marketing Strategy and Added Value of Halal Certification in Herbalife Beverage Business Development Ira Mayasha; Rasta Kurniawati Br Pinem
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6854

Abstract

Health" is a difficult word to define, but health is very important in our lives. Islam can be interpreted as the results achieved by individuals or groups. Considering that Indonesia is the country with the largest Muslim population in the world, halal certification is a basic requirement for every product sold. The purpose of this study is to contribute to formulating an effective strategy for the development of Herbalife's business in the country. The research method used is a qualitative approach. The data collection method used in this study is interviews. The data analysis method in this study is data reduction, data presentation, and conclusion. The study results indicate that a marketing strategy that integrates halal certification can positively impact the Herbalife beverage business. By implementing the right market segmentation, product differentiation, and effective promotion and distribution strategies, Herbalife can increase its competitiveness in the global market. Halal certification is not only a requirement for regulatory compliance, but also an important factor in increasing consumer loyalty and expanding market reach. Therefore, the researcher suggests that a marketing strategy that integrates halal certification can positively impact the Herbalife beverage business. By implementing appropriate market segmentation, product differentiation, and effective promotion and distribution strategies, Herbalife can increase its competitiveness in the global market.
Management Style of Business Organization Leaders in Indonesia: A Mixed Study Widia Sri Ardias; Bagus Riyono; Sumaryono Sumaryono; Edilburga Wulan Septandari; Rifa Juniartika
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6903

Abstract

Leadership is crucial element in the pursuit of organizational objectives. The examination of the characteristics of a proficient leader remains a compelling area of research, given its perceived capability to address diverse challenges, particularly those related to the organizational systems and human resources. This research used a convergent parallel mix-method to reveal type and profile of organizational management style that are effectively applied in business organizations in Indonesia today. Quantitative results revealed that the majority of managers in Indonesia apply a basic leadership separation (separated) style because of the lack of task orientation and relationships, which when affective produce a managerial style bereaucrate and when ineffective apply a deserter style. Temporary results qualitatively showed that at least four dimensions assessed must be owned by one person's leader: capacity to think strategically (strategic thinking), skilled management of tasks (task management), professional, and capable manage people or teams (people management). Integration results found convergent data because there are suitability dimensions between quantitative data and qualitative data related to management tasks and human management. Furthermore, it also obtained the results of the expansion from qualitative data was the emergence of the theme of strategic and professional thinking as a dimension that must be possessed by an effective leader in business organizations. Implications obtained based on the integration of quantitative and qualitative data analysis are perceptions that the profile ideal and effective leader can differ from what an individual applies inside the organization. As a result, even if the manager recognizes what capacities a leader should have, in practice, he may apply different styles and approaches.
The Influence of Ownership Structure on the Financial Performance of Banks Sigit Pamungkas; Muchtar Hidayat; Muhammad Syarif; Farah Margaretha Leon; Henny S. Lestari
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 3 (2024): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i3.6948

Abstract

This study aims to analyze the effect of ownership structure on the financial performance of banks in Indonesia. The variables considered include managerial, institutional, foreign, and public ownership. The study also examines bank size and credit risk as control variables, with financial performance measured by Net Interest Margin (NIM), Return on Assets (ROA), and Return on Equity (ROE). The method used is panel data regression, employing a purposive sampling technique on 43 banks listed on the Indonesia Stock Exchange during the 2019-2023 period. The study results indicate that managerial, institutional, and public ownership variables do not have a significant effect on financial performance, while foreign ownership has an impact on ROE. Additionally, bank size and credit risk are shown to affect both ROA and ROE. These findings suggest that factors beyond ownership structure play a more significant role in determining the financial performance of banks in Indonesia.
The Effect of Flash Sale And Free Shipping on Impulsive Buying through Positive Emotions as Intervening Variables (Case Study of Shopee Application Users in Surabaya Area) Savira Maslihatul Mamlu'ah; Sonja Andarini
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6090

Abstract

This research aims to determine and analyze the effect of flash sales and free shipping on impulsive purchases through positive emotions as an intervening variable among Shopee application users in the Surabaya area. This research uses quantitative research, with the research method used being a questionnaire distributed online using non-probability sampling. The results of this research on the first hypothesis (flash sales on positive emotional variables) and the sixth hypothesis (flash sales on impulsive purchases through positive emotions) have no effect, while the results from the second to seventh hypotheses have an effect. Flash sales and free shipping can be more effective tools in enhancing the shopping experience, ultimately contributing to consumers' impulsive purchasing behavior. This research also shows that marketing strategies that rely solely on flash sales should be considered carefully, because although effective in triggering impulse purchases, they do not always create a strong emotional impact on consumers.
Examining Money Laundering in the Insurance Industry Through Fraud Heptagon Theory Perspective Fadilah Fajar Bagaskara; Harti Budi Yanti
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6186

Abstract

Based on the principle of insurable interest, individuals and organizations enter into insurance agreements with the primary objective of securing protection against potential financial losses caused by unforeseen risks. However, according to various literature, insurance can also be utilized as a financial instrument for money laundering activities. This study aims to uncover potential indicators that may serve as opportunities for money laundering, analyzed through the lens of the Fraud Heptagon Theory, which includes the aspects of pressure, opportunity, rationalization, competence, arrogance, culture, and religion. This research employs a qualitative methodology with an interview approach, targeting individuals working within the insurance industry, such as insurance companies (internal auditors, insurance agents, underwriters), insurance brokers, and reinsurance companies to gain insights into the complex trade schemes. The implementation of Anti-Money Laundering (AML) measures is crucial to minimize the potential for money laundering and to ensure compliance with existing regulations.
Determinants of Motor Vehicle Tax (PKB) Imposition in Central Java Province (2003-2022) Kristian Abillio Pratama; Dea Mustika Kusuma Wardani
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6242

Abstract

Central Java Province has excellent potential to increase the realization of Motor Vehicle Tax (PKB) revenue, which positively impacts the increase in Regional Original Revenue (PAD). However, achieving PKB revenue realization in specific years is within the predetermined revenue realization target. Therefore, the Central Java Provincial Government must optimize PKB revenue. This study aims to determine the factors that affect the realization of PKB revenue, to determine the contribution of PKB revenue realization to the realization of local tax revenue, and to provide alternative policy recommendations to increase the realization of PKB revenue. This research method uses multiple linear regression analysis using time series data for 20 years, contribution analysis by calculating the proportion of realization of PKB revenue to the realization of local tax revenue, and qualitative descriptive method with a literature study. The results of this study show that population, Gross Regional Domestic Product (PDRB) in the transportation sector, and PDRB per capita have a positive and significant effect on PKB revenue. In contrast, the number of motor vehicles negatively and significantly affects PKB revenue. Then, the contribution analysis produces findings that the realization of PKB revenue in Central Java Province is still classified as quite adequate, and the realization of PKB revenue contributes moderately to the realization of local tax revenue.

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