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 588 Documents
The Role of Trust in Mediating Short-Form Video Ads on Purchase Intention Denny Sucipto; Kurniawati; Renny Risqiani
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.865

Abstract

This research explores how characteristics of short video advertisements influence consumer purchasing intent among TikTok users in Indonesia, with trust serving as a mediating factor. The study considers various content features, including informativeness, credibility, consistency, electronic word-of-mouth (eWOM), and appeal. As short-video content gains popularity, marketers are increasingly interested in identifying which elements most effectively foster trust and drive buying decisions. A quantitative approach was employed, involving questionnaires distributed to active TikTok users who had encountered short video ads and had prior online purchase experience. The data were analyzed using Structural Equation Modeling (SEM) in AMOS to assess the relationships between variables and examine trust's mediating role.
Analysis of the Effect of Mudharabah and Musyarakah Financing on Credit Risk (Non-Performing Financing) in Islamic Commercial Banks for the 2020–2024 Period Rise Indriyani; Hayatul Millah; Yeni Kartikawati
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.905

Abstract

This study aims to analyze the effect of mudharabah and musyarakah financing on credit risk, as measured by Non-Performing Financing (NPF), in Islamic Commercial Banks in Indonesia during 2020–2024. This study is based on the phenomenon of increased financing with a profit-sharing scheme that does not always follow an increase in credit risk, thus indicating a dynamic relationship between the two variables. This study applies a quantitative method with an associative research type. The data used are secondary data taken from Islamic Banking Statistics published by the Financial Services Authority (OJK). The analytical method used is multiple linear regression after conducting hypothesis testing and classical assumptions such as normality, multicollinearity, heteroscedasticity, and autocorrelation tests. The results of this study indicate that mudharabah financing does not have a significant effect on NPF when viewed individually, with a significance value of 0.203. On the other hand, musyarakah financing also shows no significant effect, with a significance value of 0.470. In this case, both mudharabah and musyarakah combined do not have a significant effect on NPF, with a significance level of 0.430. The Adjusted R Square value obtained is 0.230, which indicates that the independent variables in this study are only able to explain 23% of the variation in NPF, while the rest is influenced by other factors outside this study. Based on the results obtained, it can be stated that financing with the mudharabah and musyarakah systems does not have a significant impact on Non-Performing Financing (NPF) throughout the study period.
Does Governance Disclosure in Integrated Reporting Create Value? Evidence from Indonesia Ayu Febrianti Dolok Saribu; Ika Permatasari Permatasari
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.929

Abstract

Corporate reporting has undergone a paradigm shift, where investors increasingly demand non-financial information, particularly governance disclosure, to support informed decision-making. However, studies on the value relevance of governance disclosure in Integrated Reporting (IR) have shown inconsistent results, especially in the context of developing countries. This study is grounded in voluntary disclosure theory, which suggests that governance disclosure within IR can reduce information asymmetry and signal management quality, thereby influencing investor market perceptions. This study used panel data consisting of 60 observations over the period 2021–2024, derived from companies listed in the ESG indices on the Indonesia Stock Exchange. Governance disclosure is measured using the Governance Disclosure Index (GDI), constructed through content analysis of integrated reports based on the IIRC framework and the Ohlson (1995) as our value relevance model. The regression result indicated that GDI has a positive effect on firm market value, supporting that governance disclosure in IR has value for investors. Our finding suggests that comprehensive governance disclosure enhances investor confidence and firm value within the context of voluntary IR adoption in Indonesia.
The Influence of Leadership Style and Competence of Village Apparatus on Village Government Budget Performance in Pulubala District Adelia Abdul Talib; Mattoasi; Muzdalifah
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.974

Abstract

This study aims to analyze the influence of the leadership style and competence of village officials on the budget performance of the village government in Pulubala sub-district. The research method used was quantitative, with primary data collected through questionnaires distributed to village officials in Pulubala sub-district. The sample consisted of 121 respondents. Data analysis used multiple linear regression with the help of SPSS 26. The results of the study show that leadership style has a positive and significant influence on the performance of the village government's budget. And the competence of village apparatus also has a positive and significant influence on the performance of the village government's budget. The leadership style and competence of village officials have a significant influence on the performance of the village government's budget. The R squery value obtained was 0.579 or 57.9%, indicating a strong relationship between the independent variables and the dependent variables in this study, while the remaining 42.1% were influenced by other factors.
The Effect of Brand Trust and Ease of Transaction on the Decision to Purchase Fashion Products at the Jiniso Jeans TikTok Shop Astrid Puspita Dewi; Rahmah Hidayah; Dedy Dwi Arseto; Willy Cahyadi
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.983

Abstract

This study aims to analyze the partial and simultaneous effects of the two independent variables on the dependent variable, namely purchasing decisions. The study employed a quantitative approach using a survey method. A sample of 100 consumers of Jiniso Jeans on TikTok Shop was selected through an accidental sampling technique. Primary data were collected through questionnaires and analyzed using multiple linear regression with the assistance of SPSS version 25 software, after passing validity, reliability, and classical assumption tests. The results of the study indicate that brand trust and transaction convenience have a positive and significant effect, both partially and simultaneously, on purchasing decisions. Simultaneously, these two variables explain 38.5% of the variation in purchasing decisions, while the remaining percentage is influenced by other factors. This study strengthens the relevance of the Technology Acceptance Model (TAM) in the context of social commerce and provides practical implications for local fashion businesses to strengthen brand trust while simplifying transaction processes in order to increase sales.
The Effect of Influencer Credibility and Overclaims on Repurchase Intention Through Brand Trust in Scarlett Local Products Nuri Divani Purba; Syifana Yukesha Mahda; Didik Gunawan; Mhd Sofian
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.987

Abstract

This study aims to analyze the effect of influencer credibility and overclaim on repurchase intention through brand trust in local Scarlett products. The urgency of this study lies in providing a strategy for companies to understand the factors influencing consumers’ repurchase intention through influencer credibility, overclaim, and brand trust, as well as increasing consumers’ critical awareness of skincare product marketing information. This study employed an explanatory research design with a quantitative approach. The population consisted of 5,166,704 Instagram followers of Scarlett as of January 22, 2026. The sampling technique used non-probability sampling with an accidental sampling method, resulting in 100 respondents based on the Slovin formula. Data were collected through questionnaires and analyzed using Partial Least Square (PLS) with SmartPLS. The results showed that influencer credibility and overclaim had a significant effect on brand trust. Overclaim and brand trust significantly affected repurchase intention, while influencer credibility did not directly affect repurchase intention. In addition, influencer credibility and overclaim significantly affected repurchase intention through brand trust.
The Impact of Glass Ceilings on Women's Digital Capability Micro-Enterprise Owners with Adaptability as a Moderation Selvy Noviniya; Anna Suzana
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.990

Abstract

This study explores the phenomenon of invisible barriers or glass ceilings and their influence on strengthening digital capabilities among women running micro-enterprises in Cirebon Regency. Furthermore, this study also examines the position of adaptability as a moderating factor that strengthens this relationship. Through the lens of Dynamic Capabilities Theory, this research starts from the hypothesis that gender-based structural pressures can actually spur women entrepreneurs to be more agile in adopting digital technology for business sustainability. The research approach applied was quantitative, involving 168 female micro-enterprise owners in Cirebon Regency as a sample. All primary data collected through questionnaires were processed using Partial Least Squares-Structural Equation Modeling (PLS-SEM) analysis techniques with the help of SmartPLS software. The analysis results found that the glass ceiling has a positive and significant contribution to increasing digital capability. This indicates that gender challenges often act as a catalyst for women entrepreneurs to deepen their mastery of technology. Furthermore, it was found that adaptability plays a crucial role in moderating and strengthening the correlation between the glass ceiling and digital capabilities. These findings recommend the need for strategic policies from local governments to provide digital assistance that focuses more on the resilience and adaptability aspects of women entrepreneurs.
The Effects of Work Fatigue and the Work Environment on Employee Performance in SMEs in Cirebon City Syahniar Diva Rosiyana; Noveria Susijawati
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.1001

Abstract

This study examines the influence of job fatigue (burnout) and the work environment on employee performance in coffee shop SMEs in Cirebon City. The research was motivated by the rapid growth of SMEs and the importance of effective human resource management in businesses with high work intensity. An associative quantitative approach was applied using questionnaires distributed to 97 coffee shop employees selected through purposive sampling. The data were analyzed using multiple linear regression, validity and reliability tests, and classical assumption tests with SPSS version 26. The findings showed that all research instruments were valid and reliable. Regression analysis produced the equation Y = 42.649 + 0.029X1 + 0.486X2. Partial hypothesis testing revealed that job fatigue had no significant effect on employee performance, with a t-count of 0.534 and significance value of 0.594. In contrast, the work environment had a positive and significant influence on employee performance, with a t-count of 6.888 and significance value of 0.000. The adjusted R square value of 0.325 indicates that both variables explained 32.5% of employee performance variation. Overall, the work environment contributed more strongly to performance improvement than job fatigue. Therefore, SME managers should prioritize supportive workplace conditions to enhance employee productivity and organizational sustainability.
Unraveling Employee Performance: The Role of Human Resource Competency and Work Environment Through Job Satisfaction Biveny Dyahpalupi; Siwi Dyah Ratnasari
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.1005

Abstract

Human resource performance in public sector auditing institutions is influenced not only by technical competence but also by organizational conditions that shape employee satisfaction and productivity. However, empirical evidence regarding how competence and work environment interact with job satisfaction to influence auditor performance in regional government institutions remains limited. This study aims to examine the direct and indirect effects of human resource competence and work environment on the performance of civil servant auditors, with job satisfaction acting as a mediating variable. This research employed a quantitative explanatory design. Data were collected from 41 civil servant auditors working at the Regional Inspectorate of Malang Regency through a structured questionnaire. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS version 4.0 to assess direct and mediating effects among the variables. The results indicate that human resource competence and work environment significantly influence job satisfaction. Human resource competence also demonstrates a significant positive effect on auditor performance. In contrast, the work environment does not show a direct significant relationship with performance. Mediation analysis reveals that job satisfaction significantly mediates the relationships between human resource competence and the work environment, on the one hand, and employee performance, on the other hand. These findings highlight the strategic role of competency development and job satisfaction in improving the performance of public sector auditors. Strengthening professional competencies, supported by a work environment that enhances job satisfaction, may serve as an effective organizational strategy to improve audit performance in government institutions. This study contributes to the literature on public sector human resource management by providing empirical evidence on the mediating role of job satisfaction in the relationship between competence, work environment, and auditor performance
Analysis of Consumer Satisfaction Toward the Quality of Moringa Leaf Noodles (Migreen) Product by PT Liefde Herb Nusantara Alda Bintang Alvanda; Rika Nalinda; Siwitri Munambar
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 2 (2026): Islamic Finance and Management
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v6i2.1010

Abstract

This study aimed to analyze consumer satisfaction toward the quality of Moringa leaf noodles (MiGreen) with Chicken Onion flavor produced by PT Liefde Herb Nusantara using the Importance Performance Analysis (IPA), Customer Satisfaction Index (CSI), and GAP Analysis methods. The research was conducted in the Special Region of Yogyakarta from November 2025 to April 2026 using a quantitative descriptive approach with an accidental sampling technique involving 50 respondents. The results showed that no attributes were included in Quadrant I, indicating that the attributes considered important by consumers generally demonstrated good performance. The Customer Satisfaction Index (CSI) value of 79.49% indicated that consumers were satisfied with the product, while the GAP Analysis showed a total GAP value of -2.78 and an average GAP value of -0.15. These results indicate that the product performance was slightly below consumer expectations; however, the gap was relatively small, meaning that the product was still well accepted by consumers. Therefore, the company needs to maintain product quality and continuously evaluate product attributes to improve consumer satisfaction.