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Dedi Junaedi
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dedijunaedi@gmail.com
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+628118114379
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Lembaga Publikasi Ilmiah (LPI) Institut Agama Islam (IAI) Nasional Laa Roiba Bogor Jl Raya Pemda Pajeleran Sukahati No 41 Cibinong, Bogor 16913 Telp 021-8757150 HP 08118114379 Email: alkharaj@journal-laaroiba.com Web http://journal-laaroiba.com/ojs/index.php/alkharaj
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INDONESIA
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
ISSN : 26562871     EISSN : 26564351     DOI : https://doi.org/10.47467/alkharaj
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah is a scientific journal published by Pusat Riset dan Kebijakan Strategis PRKS) of  Institut Agama Islam Nasional (IAI-N) Laa Roiba Bogor in collaboration with Masyarakat Ekonomi Syariah (MES) and Intelectual Association for Islamic Studies (IAFORIS) . This journal contains scientific papers from academics, researchers and practitioners in the fields of Islamic economics, finance and business research. E-ISSN 2656-4351 ISSN Print 2656-2871   DOI: 10.47467/alkharaj  Starting from Volume 1 Number 1 2019 to Volume 6 Number 3 of 2024 published on the website with the URL https://journal.laaroiba.ac.id/index.php/alkharaj. Starting from Volume 6 Number 4 2024 onwards it will be published with the URL https://journal-laaroiba.com/ojs/index.php/alkharaj.
Articles 2,175 Documents
Analisis Proses Rekrutmen dan Seleksi pada Dali Coffee Cikampek Febryani, Anastasya Maurita; Wanta; Dwi Epty Hidayaty
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2609

Abstract

This research illustrates that recruitment practices that only rely on internal relations without opening recruitment to the public are a phenomenon that occurs at Dali Coffee, an MSME in Karawang, West Java. This research aims to understand the recruitment and selection process carried out by Dali Coffee and identify the obstacles that arise in the process. Qualitative methods with a field research approach were used in this research. Observations were carried out to understand directly the recruitment and selection process in the field, while interviews with employees, especially store managers, provided direct insight into these practices. Apart from that, data was also obtained from internal company documents. The research results show that although Dali Coffee prioritizes internal relations in recruitment, the selection process remains strict to ensure compliance with company standards. The obstacles that arise include the risk of high tolerance for employee errors as well as challenges in maintaining the privacy and security of company information. The implications of this research provide insight into Dali Coffee's unique strategy in human resource management and offer recommendations for improving the effectiveness of employee recruitment and selection for similar companies.
Analisis Break Even Point dan Margin Of Safety Sebagai Alat Perencanaan Laba pada UMKM Bakmie Sultan Karawang Oktavia, Dewi; Sihabudin; Robby Fauji
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2616

Abstract

In principle, the main goal of every company is to achieve optimal profits for its owners. To be able to compete effectively with other companies, companies need to improve their operational performance more efficiently and effectively. Bakmie Sultan Karawang, a developing MSME business, still does not have accurate information regarding the profits generated from minimum sales of their noodles. This research aims to explore the role of Break Even Point (BEP) analysis in planning and increasing company profits. This research method uses a quantitative descriptive approach by applying BEP and Margin of Safety analysis techniques. The results of the break even point analysis show that the total business BEP reached Rp. 94,267,790.38, with details for each product Bakmie Komplit, Bakmie Bakso, Bakmie Pangsit, Bakmie Manis, and Bakmie Regular. Msargin of Safety (MOS) reached 93.03%, equivalent to Rp. 1,258,132,209.62, gives an idea of how much of a decline in sales can be handled without incurring a loss or breaking even. The estimated profit target for 2024 is 30%, or Rp. 177,263,404,629, which is a guide for the company in achieving the expected profit. Recommendations are provided so that companies can optimize BEP strategies to maintain sales above the break-even point and reduce potential losses. It is hoped that the results of this research will provide support for companies in designing optimal profit plans through BEP and MOS analysis.
Overshoot Nilai Tukar Rupiah Terhadap Us Dollar pada Masa Pandemi Covid-19 Aji Kristianto, Bima Setyo; Ujang Suherman; Rengga Madya
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2617

Abstract

This study aims to analyze overshooting exchange rates Rupiah towards US Dollar during the COVID-19 pandemic period. The data used is monthly data from January 2019 to December 2022. Several variabels employed are exchange rate ,interest rate, inflation, Gross Domestic Product and money supply The analysis methods used include unit root test, lag test, stability test, cointegration test, Granger causality test, Vector Error Correction Model (VECM) estimation, Impulse Response Function (IRF), and Variance Decomposition. The results of the research showed that interest rate and JUB affects significant RP/USD in the long term, whereas in the short term JUB had significant, affects on the exchange value of RP/USD. The VECM estimation results show a significant cointegration relationship, and the response of the variables to the shock reveals the presence of overshooting symptoms. The contribution of these variables to the variability of the Rupiah/USD exchange rate is also identified through the Variance Decomposition test. In conclusion, overshooting in Indonesia during pandemic Covid-19 is occur, by characterizing JUB shock in short term.
Analisis Kinerja Keuangan pada Koperasi Usaha Warga Pupuk Kujang Periode 2018-2022 Karismawati, Dwi Yunita; Sihabudin; Robby Fauji
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2618

Abstract

This research analyzes the financial performance of the Koperasi Usaha Warga Pupuk Kujang Cikampek during 2018–2022, focusing on financial ratios such as liquidity, solvency, profitability, and activity. Using a quantitative descriptive approach, the study employs annual financial data to identify trends and factors influencing performance. Findings reveal significant fluctuations in the cooperative's financial ratios over the examined period. While liquidity ratios fluctuate, solvency ratios show improvement over time, indicating efficient debt management and asset utilization. However, profitability ratios exhibit a declining trend, emphasizing the need for measures to enhance revenue generation and cost management. Meanwhile, activity ratios depict gradual improvement, indicating enhanced operational efficiency. The implications suggest the importance of careful monitoring, risk management, and strategic initiatives to ensure sustainable growth and financial stability for Koperasi Usaha Warga Pupuk Kujang Cikampek.
Determinan Financial Distress pada Perusahaan Sektor Healthcare Melati, Merry Mawar; Espa, Vitriyan; Yantiana, Nella
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2709

Abstract

A company's financial condition is a crucial factor that determines the survival and growth of a company. Financial distress is a condition where a company is unable to meet its financial obligations on time, which often leads to bankruptcy. Early identification of the factors that influence financial distress becomes very important to prevent wider negative impacts, not only for the company itself but also for other stakeholders, including investors, employees, and business partners. This study aims to analyze the effect of profitability, liquidity, and firm size on financial distress in healthcare companies listed on the Indonesia Stock Exchange. This research uses a quantitative method. The research was conducted on Healthcare Companies Listed on the Indonesia Stock Exchange in 2018-2022, with the object of the research being healthcare companies listed on the Indonesia Stock Exchange in 2018-2022. The results show that the significance value of ROA (0.047) is smaller than alpha (0.05), indicating that individually, the ROA variable has a significant effect on Financial Distress (FD). The significance value of CR (0.000) is much smaller than alpha (0.05), indicating that individually, the CR variable has a very significant effect on Financial Distress (FD). The significance value of FS (0.137) is greater than alpha (0.05), indicating that individually, the FS variable has no significant effect on Financial Distress (FD). Overall, the results show that the profitability (ROA) and liquidity (CR) variables have a significant effect on Financial Distress (FD), while the firm size (FS) variable has no significant effect
Analisis Modal Sosial Terhadap Penerapan Sistem Jaminan Produk Halal (SJPH) pada Pelaku Usaha di Pantai Lon Malang Ulimas, Ria Vinola; Rahayuningsih, Eni Sri
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2728

Abstract

This study aims to analyze the role of social capital in the implementation of the Halal Product Assurance System (SJPH) among businesses in Lon Malang Beach. Social capital represents the characteristics of social organizations, such as networks, norms, and social trust, which facilitate coordination and mutually beneficial cooperation. SJPH is a quality management system that ensures the produced goods meet halal standards. This research employs a qualitative method. Data were collected through observation, interviews, and documentation. The results of the study indicate that businesses in Lon Malang Beach are in the process of implementing halal product assurance after attending socialization sessions organized by the Village-Owned Enterprises (BUMDes). They have started using materials uncontaminated by non-halal substances. If using animals as raw materials, the slaughtering process must adhere to Islamic Sharia law. Additionally, 19 individuals have obtained a Business Identification Number (NIB) as a requirement for applying for halal certification. The implementation of SJPH is influenced by strong social capital between business operators and BUMDes, which provides assistance and guidance in the halal certification process. This robust social capital is reflected in the norms, trust, networks, and reciprocal relationships that are mutually beneficial between the businesses and BUMDes. Although they do not yet possess halal certificates, the Madurese community has a high awareness of halal practices, as these have been taught from a young age by figures such as Bhuppa,' Bhâbhu', Ghuru, and Rato (Father, Mother, Government Leader). However, the ability to obtain halal certification is still low due to the limited knowledge about the certification registration process.
Dampak Integrasi Perilaku TMT dan Kualitas Pengambilan Keputusan Terhadap Transformasi Digital, Keunggulan Bersaing yang Berkelanjutan dan Kinerja Perusahaan Indra Danardono; Soebowo Musa
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2731

Abstract

Digital transformation is essential for businesses in the digital age, but many struggle due to cultural barriers. This study examines the impact of Top Management Team on firm performance in the context of digital transformation. Through a survey of 140 professionals in Indonesian firms, the study finds that digital transformation encourages the development of Top Management Team Behaviour integration and Decision-Making Quality, which in turn leads to improved Firm Performance. The study also highlights the mediation effect of digital transformation and Sustained Competitive Advantage on this relationship.
Analisis Pengaruh Kenyamanan dan Kualitas Produk Terhadap Kepuasan Konsumen pada Motor Listrik PT. Len Industi (Persero) di Lingkungan Militer TNI. Tri Rezki Putri Larasati; Nuniek Dewi Pramanik
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2861

Abstract

The research aims to analyze the perception of comfort in driving electric motorcycles among TNI military personnel at PT. Len Industri (Persero) to identify factors influencing comfort and measure the impact of PT. Len Industri (Persero) electric motorcycle product quality on interest and satisfaction in the military environment. The study adopts a quantitative method, employing purposive sampling with a total sample of 40 respondents. Data collection involves distributing Likert scale questionnaires to consumers or TNI military personnel using PT Len Industri (Persero) electric motorcycles. The author employs data analysis techniques such as validity testing, reliability testing, normality testing, t-test, F- test, and R-test. The data obtained are processed using SPSS 29. Based on the results of the t-test, the calculated r-value is 5.323 > r-table 1.686, and a significant value of 0.00 < 0.05 is obtained, indicating that the related variables are influenced by independent variables. Referring to the coefficient of determination test results, an R square value of 86.7% is obtained. Thus, based on the analysis conducted, it is concluded that customer satisfaction is influenced by rider comfort and product quality.
Strategi Pengembangan Usaha Pindang pada CV Putra Kresna Desa Brondong Kabupaten Lamongan Rusdiana, Nur Devi Arum; Tain, Anas; Sutanto, Adi
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 7 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i7.2867

Abstract

The establishment of a business will require an appropriate strategy in developing the business. The smoked fish business CV Putra Kresna in Brondong Village, Lamongan Regency, is one of the well-known businesses in processing smoked fish in Lamongan. This research aims to: (1) analyze the internal and external environmental conditions of the smoked fish business CV. Putra Kresna, (2) analyze the strengths, weaknesses, opportunities and threats of the smoked fish business at CV Putra Kresna, (3) analyze the business development strategy of the smoked fish business at CV. Putra Kresna. This research is used to obtain descriptive qualitative data. The methods used are observation, interviews, questionnaires and documentation. The research focus is aimed at the internal and external environmental conditions as well as the appropriate marketing development strategy to be applied to the smoked fish business of Cv Putra Kresna. The research location was carried out at the location of Cv Putra Kresna in Brondong Village, Lamongan Regency. Data analysis was carried out using SWOT matrix analysis, and IE Matrix. After analyzing the results of the internal and external conditions of the smoked fish business marketing of Cv Putra Kresna, the main strength lies in the ease of obtaining raw materials, the main weakness lies in the limited distribution channels to modern markets, the main opportunity lies in the business development of smoked fish and the main threat lies in government regulations related to food product standardization. The formulation of alternative strategies using the SWOT matrix resulted in four alternative marketing developments for the Smoked Fish Business Cv Putra Kresna, namely (1) Utilizing proximity to fish landing sites to obtain fresh raw materials in a short time after fishermen's catches; (2) Developing distribution channels; (3) Increasing product innovation; (4) Ensuring compliance with government regulations regarding food product standardization.
Pengaruh ROA, NPM, GPM dan Inflasi terhadap ROE pada Bank Syariah di Indonesia Oktaviani; Mu'arrif, Zul Ihsan; Syukrawati
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 6 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah (in Press)
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i6.2884

Abstract

The research was conducted in order to determine the effect of ROA(X1), NPM(X2), GPM(X3) and Inflation(X4) on ROE(Y) in Islamic banks in Indonesia. The research uses a quantitative approach with descriptive and associative strategies. Supporting information and measurements based on secondary data and statistical software. The population in this research is Islamic financial institutions in Indonesia and the sample is 4 Islamic financial institutions in Indonesia. Then the data obtained comes from the financial reports of 4 banks for the last five years and is calculated using profitability ratio calculations, namely calculating ROA, ROE, NPM, GPM. The external variable used is inflation. Inflation information is obtained from the Bi.go.id website. From the results of calculating profitability ratios, this information is then handled using SPSS by carrying out classical assumptions, regression tests and hypothesis tests. The test results show that the variable ROA(X1) has t = 2.249 > r table = 0.4438 with a significance value of 0.0400 <0.05, the variable NPM (X2) has a t value of 0.901> R table = 0.4438 with significance value 0.382> 0.05. The GPM variable (X3) includes t = 0.883 > R table = 0.4438 with a significance value of 0.391 > 0.05, the inflation variable (X4) has a value of t = -1.100 > R table = 0.4438 with a significance value of 0.289 > 0 .05. Based on the tests carried out in this research, it appears that the ROA (X1), NPM (X2), inflation (X4) factors have an effect on ROE and the GPM variable (X3) has no effect on ROE in Islamic banks in Indonesia.  

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