cover
Contact Name
Mohamad Toha
Contact Email
motoha@uac.ac.id
Phone
+623216855722
Journal Mail Official
journal.mjifm@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
Majapahit Journal of Islamic Finance dan Management
ISSN : -     EISSN : 27980170     DOI : https://doi.org/10.31538/mjifm
Core Subject : Economy, Science,
Majapahit Journal of Islamic Finance and Management (MJIFM) (E-ISSN 2798-0170) is a journal published by Universitas KH. Abdul Chalim Mojokerto Indonesia four times a year (March, June, September and December). As the name implies, the journal brings two major themes, namely Islamic Finance and Business Management. The journal invites scholars, practitioners, and researchers to submit articles to the management team. Articles submitted will be published after being verified and modified to suit the standard international journals. MJIFM limits only the article publication related to two major themes having been mentioned.
Articles 351 Documents
Developing the Coastal Area of Tanjung Riau's Old Village into a Decent and Productive Residence Burhan, Azis; Sidabutar, Yuanita FD
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.602

Abstract

Batam is a city in the Riau Islands Province, Indonesia. Batam City comprises several islands: Batam, Galang, and Rempang, along with other smaller islands located in the Malacca and Singapore Straits. Three larger islands are connected by the Barelang Bridge: Batam, Galang, and Rempang. Batam City is part of the Batam-Bintan-Karimun (BBK) Free Trade Zone. Batam City covers a land area of ​​715 km², consisting of rice fields, forests, and hills, while its sea area covers 1,575 km². The city's climate is tropical, with temperatures ranging from 25 to 35 degrees Celsius, and the land surface is varied, with valleys and hilly areas. Kampung Tua Tanjung Riau is a sub-district located in the Sekupang district of Batam City, Riau Islands, Indonesia. The sub-district covers an area of ​​23.90 km², with a population of 23,987 in 2020, and a density of 1,004 people per km². Kampung Tua Tanjung Riau is located in neighborhood units (RW) 01 and 02. In densely populated areas like Kampung Tua Tanjung Riau, environmental issues arise, such as uncontrolled waste management. Some homes still dispose of toilet waste into the sea, creating environmental problems. The public must become aware of tourism, which can boost economic growth in the area. However, several obstacles must be addressed immediately by local residents and the government to provide support for residents' prosperity and a healthy environment.
The Effect of Perceived Quality and Perceived Value on Repurchase Intention in Consumers of Chicken Salto Products with Customer Satisfaction as a Mediation Variable in an Islamic Business Perspective (Study on Consumers of Salto Chicken Bandar Lampung) Agustin, Jihan; Anita, Siska Yuli; Nuraziza, Sania
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.631

Abstract

This study aims to examine how Perceived Quality and Perceived Value relate to Repurchase Intention, mediated by Customer Satisfaction, among consumers of chicken salto products. This study uses an exploratory method with a quantitative approach, with a sample size of 96 respondents and data analysis using Structural Equation Modelling (SEM) and Partial Least Square (PLS) analysis techniques. The findings of this study indicate a positive and significant effect on the relationship between Perceived Value and Repurchase Intention, Perceived Quality and Customer Satisfaction, Perceived Value and Customer Satisfaction, Customer Satisfaction and Repurchase Intention, Customer Satisfaction mediating the effect of Perceived Quality on Repurchase Intention, and Customer Satisfaction mediating the effect of Perceived Value on Repurchase Intention. Additionally, there are results that do not affect the relationship between Perceived Quality and Repurchase Intention.
The Influence of Employee Engagement and Job Security on Job Satisfaction among Employees of the Protocol and Leadership Communication Section of Surabaya City Government Jefry; Herachwat, Nuri
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 1 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

This study investigates the influence of employee engagement and job security on job satisfaction among employees of the Protocol and Leadership Communication Section of the Surabaya City Government. Employee engagement is conceptualized as the emotional and cognitive connection that employees have with their work, while job security refers to employees’ perception of stability and continuity in their employment. A quantitative explanatory research design was employed, utilizing a saturated sampling technique due to the limited population size of fewer than 30 employees. Data were collected through a structured questionnaire using a five-point Likert scale. The instrument consisted of eight items for employee engagement, eight items for job security, and eight items for job satisfaction. Validity and reliability tests were conducted using SPSS 26, followed by multiple linear regression analysis to examine both partial and simultaneous effects. The findings are expected to provide empirical evidence on how engagement and perceived security contribute to overall job satisfaction within government institutions, particularly in high-demand communication and protocol functions.
The Impact of Organizational Capabilities, Green Absorptive Capacity, and Strategically Environmental Orientation on Sustainable Competitive Advantage Through Green Innovation in SMEs in Jambi Indonesia Suratno, Eddy; Pasaribu, Johni Paul Karolus; Auliannisya, Mahda; Saputra, Raditya Dwi; Sukmana, Nelsa Prabatiwi
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.639

Abstract

This study investigates the effects of organizational capabilities, green absorptive capacity, and strategic environmental orientation on sustainable competitive advantage through green innovation in SMEs in Jambi, Indonesia. A quantitative approach was utilized, employing a structured survey distributed to 300 SME managers in Jambi and Sungai Penuh. The data collected was analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with WarpPLS software to assess the relationships between variables and test the proposed hypotheses. The findings show that organizational capabilities, green absorptive capacity, and strategic environmental orientation significantly influence green innovation in SMEs. Moreover, green innovation was found to mediate the relationship between these organizational factors and sustainable competitive advantage. These results emphasize the importance of integrating internal capabilities and green practices for improving long-term business performance and competitiveness in SMEs. This study contributes to the literature by providing a comprehensive model that links organizational capabilities, green absorptive capacity, and strategic environmental orientation to green innovation, ultimately enhancing sustainable competitive advantage. The unique combination of these factors in the context of SMEs in Indonesia addresses a gap in existing research on eco-innovation and sustainable performance. The study offers practical implications for SME managers and policymakers by highlighting the need for fostering green capabilities and supporting eco-innovation initiatives. Future research could explore the role of external environmental pressures in influencing these relationships.
The Influence of Green Human Resource Management Practices and Green Inclusive Leadership on Green Competitive Advantage and Sustainable Business Performance in SMEs in Madura Furqon, Amir; Rachmawati, Ria; Laili , Nur; Afriliana, Diana; Megarani, Ayunida Retno
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.640

Abstract

This study examines the impact of Green Human Resource Management (GHRM) practices and Green Inclusive Leadership (GIL) on Sustainable Business Performance (SBP), specifically focusing on their effects in SMEs in Madura. The research explores the role of Green Skill Competencies (GSC), Green Creative Self-Efficacy (GCSE), and Green Competitive Advantage (GCA) as mediators in enhancing business performance through green practices. A quantitative approach was employed, utilizing survey data from 497 SME managers in Pamekasan and Bangkalan, analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS software. This study addresses a gap in understanding how green HR practices and leadership styles contribute to the development of green competencies and creative self-efficacy, which, in turn, strengthen green competitive advantage and sustainable business performance. The findings reveal significant positive effects of GHRM and GIL on GSC, GCSE, GCA, and SBP, indicating that integrating green leadership and human resource practices into business strategies can significantly enhance sustainability performance in SMEs. This research contributes valuable insights for policymakers and practitioners seeking to improve business sustainability through green management strategies.
Analysis of the Effect of Road Connectivity, Transportation Accessibility, and Activity Optimization on Public Services in Supporting Regional Economic Development in Lubuk Baja District, Batam City Masfar, Febi Hendra; Sidabutar, Yuanita FD; Bintang, Malahayati Rusli; Raymond, Raymond; Akbar, Ali
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 1 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

Batam City, as part of the Batam–Bintan–Karimun (BBK) Free Trade Area, enjoys a strategic position along the international shipping route of the Strait of Malacca and plays a vital role in regional industrial and logistics activities. However, central trade and service areas such as Lubuk Baja District face serious challenges in terms of road connectivity, transportation accessibility, and the quality of public infrastructure. This study aims to analyze the influence of these three aspects on public services to support regional planning in the Lubuk Baja District. The method used is descriptive-quantitative, analyzing existing conditions and public perceptions. The results indicate that transportation connectivity and accessibility significantly influence the efficiency of mobility and economic activity. Integration of spatial planning policies and infrastructure management is necessary to achieve effective public services and sustainable regional development in Batam City
The Effect of Visual Merchandise on Impulse Buying with Emotional Response as an Intervening Variable in the Marketplace Kaban, Karina Putri; Rini, Endang Sulistya; Muchtar, Muhammad Anggia
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.648

Abstract

This study aims to analyze the effect of visual merchandise on impulse buying, with emotional response serving as a mediating variable among Shopee marketplace users in Medan City. The research employs a quantitative method using the Structural Equation Modeling–Partial Least Squares (SEM-PLS) approach. Data were collected through questionnaires distributed to 91 active Shopee users. The results indicate that visual merchandise has a positive effect on impulse buying, both directly and indirectly through emotional response. Visual elements such as page design, product image quality, interactive promotions, and digital store navigation are proven to evoke positive emotions, including pleasure, urgency, and self-confidence. These emotional responses strengthen the tendency toward spontaneous purchasing without rational consideration. The findings confirm that emotional experience plays a crucial role in linking visual strategies to consumers’ impulsive buying behavior. Therefore, visual strategies function not only as aesthetic elements but also as effective psychological tools for enhancing consumer engagement and impulsive purchase decisions in the marketplace.
Analysis of Human Resource Development Strategies Using the Balanced Scorecard (BSC) Method in the Perum Perumnas Apartment Samesta Sentraland Medan Project Rahmah, Mauliza Syafhira; Lumbanraja, Prihatin; Zulkarnain, Zulkarnain
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.650

Abstract

This study analyzes human resource (HR) development strategies at the Samesta Sentraland Medan Apartment Project, identifies factors influencing competency development, and proposes a Balanced Scorecard (BSC)-based HR management model emphasizing the Learning and Growth perspective to enhance employee performance and project effectiveness. A qualitative descriptive approach was applied through in-depth interviews with project leaders and staff, field observations, and document analysis. The research utilized the BSC framework, focusing on technical competence, soft skills, career development, and knowledge management, with data triangulation ensuring validity and reliability. Findings reveal that BSC integration fosters a structured, measurable, and comprehensive HR development system. Key strategies include tiered training, mentoring, internal and external programs, and KPI-based performance evaluations. Internal factors such as management commitment, organizational culture, and digital literacy, along with external aspects like regulations and labor availability, significantly influence strategy effectiveness. Overall, this approach enhances employee competence, collaboration, and productivity while aligning HR development with strategic project objectives.
Analysis of the Effect of Cash Management on Profit Performance with Liquidity as a Moderating Variable in Pharmacy Companies in Indonesia Cantika, Rizkha Arum; Rosyadi, Imron
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.660

Abstract

This study investigates how cash management influences profit performance in Indonesian pharmacy companies, with liquidity positioned as a moderating factor. Using a quantitative approach rooted in the positivist paradigm, the research analyzes secondary data obtained from audited financial statements of pharmacy firms listed on the Indonesia Stock Exchange for the 2021–2024 period. Cash Turnover, Return on Assets (ROA), and the Current Ratio (CR) were used as key indicators to represent cash management, profit performance, and liquidity. Multiple linear regression and Moderated Regression Analysis (MRA) were applied after meeting classical assumption requirements, including tests for normality, multicollinearity, heteroskedasticity, and autocorrelation. The empirical findings indicate that cash management significantly and negatively affects profit performance, suggesting that overly rapid cash turnover may reflect insufficient cash reserves and can weaken profitability. Liquidity shows a positive and significant effect on profit performance, demonstrating its role in supporting operational stability. Additionally, liquidity moderates the relationship between cash management and profit performance by reducing the strength of this influence. These results highlight the importance of balanced cash management and optimal liquidity conditions in ensuring financial sustainability within pharmacy companies. The study also recommends expanding future research through additional variables, broader samples, and alternative analytical frameworks.
Comparative Analysis of Corn Farming Income Between Good Agricultural Practice and Conventional Systems in Tilongkabila District, Bone Bolango Regency Mustafa, Ramlan; Husain, Adeliyan A.; Sirajuddin, Zulham
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 4 (2025): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i4.668

Abstract

This study aims to: increase corn farming income using the Good Agricultural Practices system with conventional in Tilongkabila District, Bone Bolango Regency, and analyze the income comparison between the Good Agricultural Practices system and conventional in corn farming in Tilongkabila District, Bone Bolango Regency. This research was conducted in October-January 2025. The research method used a survey method, and the questionnaire, as a research tool, was an income analysis and a Mann-Whitney independent test analysis. The results of this study indicate that the total income of corn farmers using the Good Agricultural Practices system is Rp. 168,615,622 with an average income cost of Rp. 6,245,023/farmer or Rp. 4,783,422/Ha, and the total income for corn farmers using the conventional system is Rp. 82,676,066 with an average income cost of Rp. 3,592,612/farmer or Rp. 2,850,899/Ha; and the results of the Mann-Whitney Independent Sample Test analysis, there is a significant difference between the income of farmers who use the Good Agricultural Practices system and the conventional system in Tilongkabila District, Bone Bolango Regency.