cover
Contact Name
Mohamad Toha
Contact Email
motoha013@gmail.com
Phone
+6281229229207
Journal Mail Official
journal.mjifm@gmail.com
Editorial Address
https://syariah.jurnalikhac.ac.id/index.php/majapahit/about/editorialTeam
Location
Kota 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) is a journal published by Department of Sharia Economics Universitas KH. Abdul Chalim Mojokerto Indonesia twice a year (June and December). The focus and scope have been adjusted to meet the high standards and wide coverage typical of Scopus-indexed publications. The journal accepts submissions in the specified areas: 1. Sharia-compliant banking 2. Management in Islamic context 3. Islamic Business 4. Islamic Accounting 5. Islamic Finance 6. Islamic Marketing Management 7. Human Resources Management 8. E-commerce Business innovation Authors are urged to submit top-notch research and scholarly publications within these clearly outlined domains. The publication is dedicated to improving knowledge in Islamic finance and management while adhering to strict guidelines.
Articles 385 Documents
Safety Compliance and Occupational Accidents: Evidence from Hospital Employees Using Structural Equation Modeling Kalam Tukiman; Andry Andry; Mohamad Reza Hilmy
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 1 (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.v6i1.811

Abstract

Occupational accidents in hospitals remain a safety issue that impacts the sustainability of services and organizational performance. This study aims to analyse the influence of Safety Leadership, Safety Climate, and Safety Self-Efficacy on Occupational Accidents with Safety Compliance as a mediating variable among employees at Tzu Chi Hospital. The study used a quantitative approach with an analytical survey design. Respondents numbered 296 employees from various work units. Data were collected through a structured questionnaire and analysed using Structural Equation Modelling (SEM) AMOS version 29 to test the direct and indirect effects between variables. The analysis results show that Safety Leadership, Safety Climate, and Safety Self-Efficacy have a significant effect on Safety Compliance. Safety Compliance has a significant effect on Workplace Accidents. In addition, Safety Compliance is proven to mediate the influence of Safety Leadership, Safety Climate, and Safety Self-Efficacy on Workplace Accidents. These findings indicate that strengthening safety leadership, consistent perceptions of safety climate, and employee confidence in safety capabilities play an important role in shaping safe work compliance and reducing the incidence of workplace accidents. This study concludes that occupational accident prevention strategies in hospitals need to focus on strengthening safety leadership behaviour, a supportive safety climate, and increasing employee self-efficacy to encourage sustainable safety compliance.
Sustainability as a Value Creation Mechanism: A Conceptual Framework of ESG, Profitability, and Market Valuation Yusron Toto
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 1 (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.v6i1.818

Abstract

This study empirically evaluates the role of sustainability in practices that influence firm value by explicitly modeling profitability as a transmission mechanism. Using a balanced panel of 51 firms listed on the Indonesia Stock Exchange over 2017–2023 (357 firm-year observations), the analysis applies a Random Effects model estimated using EGLS, selected through Chow, Hausman, and Lagrange Multiplier tests. The results indicate that ESG performance, carbon disclosure, and green innovation positively and significantly affect Return on Assets (ROA). Further estimations show that ESG performance, carbon disclosure, green innovation, and ROA exert positive and significant effects on firm value (Tobin’s Q), while firm size and leverage display negative and significant impacts. Mediation analysis using Sobel, Aroian, and Goodman tests confirms that ROA significantly mediates the relationship between each sustainability dimension and firm value. The models explain approximately 48% of the variation in ROA and 54% of the variation in firm value. Conceptually, the study integrates the Triple Bottom Line, Doughnut Economics, and modern capitalism into a unified framework linking sustainability practices to firm value through internal profitability.
The Influence of Corruption, Trade Openness, Political Stability, and Skilled Labor on Foreign Direct Investment (FDI) in BRICS Countries Erni Setyowati; Siti Aisyah
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 1 (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.v6i1.832

Abstract

Foreign direct investment flows play a crucial role in driving economic growth and development in developing countries, including the BRICS group. However, FDI inflows are inextricably linked to the economic and political conditions of each country. This study aims to determine the influence of corruption levels, trade openness, political stability, and skilled labor on foreign direct investment (FDI) flows into BRICS countries (Brazil, Russia, India, China, and South Africa) during the 2010-2020 period. The data used are secondary data obtained from the World Bank using panel data regression analysis. The results of this study indicate that corruption, trade openness, and labor have a significant negative effect on FDI. This leads to an increase in these factors, which in turn reduces foreign investment inflows into BRICS countries. Meanwhile, political stability has a significant positive effect on FDI, meaning that the more stable a country's political conditions, the greater the FDI inflows. Therefore, to increase investment attractiveness in the BRICS region, efforts are needed to strengthen political stability and improve the quality of institutions through reducing corruption, managing trade openness, and increasing labor productivity to remain cost-competitive.
The Effect of Customer Experience, Customer Satisfaction, and Perceived Security on Customer Loyalty at Gamerskin Aesthetic Clinic Galang Saputro Wahyu Nugroho; Auditia Setiobudi
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 1 (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.v6i1.849

Abstract

The aesthetic service industry is experiencing rapid growth alongside increasing public awareness of health and beauty treatments. However, the high intensity of competition has made customer loyalty a crucial strategic issue. This study aims to analyze the influence of customer experience, customer satisfaction, and perceived security on customer loyalty at Gamerskin Aesthetic Clinic. This research employs a quantitative approach using a survey method. The research sample consists of 100 respondents who are active customers of Gamerskin Aesthetic Clinic, determined using a simple random sampling technique. Data were collected through questionnaires using a Likert scale and analyzed using multiple linear regression with the assistance of SPSS. The results indicate that customer experience, customer satisfaction, and perceived security simultaneously have a significant effect on customer loyalty. Partially, customer experience and perceived security have the most dominant influence on customer loyalty. These findings confirm that customer loyalty in aesthetic clinics is determined not only by functional satisfaction but also by emotional experience and the medical safety assurance perceived by the customers.
The Effect of E-Service Quality and User Interface of PLN Mobile Application on Customer Satisfaction with Customer Trust as an Intervening Variable Muhamad Sovian Ilham; Arthur Sitaniapessy; Joko Rizkie Widokarti
Majapahit Journal of Islamic Finance and Management Vol. 6 No. 1 (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.v6i1.888

Abstract

The utilization of information technology through the PLN Mobile application is crucial for improving service quality and customer satisfaction. However, a thorough evaluation of the influence of e-service quality and user interface on customer satisfaction, especially in the UP3 Ambon region, is still needed. This study aims to analyze the direct effect of e-service quality and user interface on customer satisfaction, as well as the role of customer trust as an intervening variable. The research uses a quantitative approach, with data collected via a questionnaire from 60 respondents who are users of the PLN Mobile application. Data analysis was carried out using Structural Equation Modeling (SEM) with the Partial Least Squares (PLS-SEM) approach. The results of the study indicate that e-service quality has a positive and significant effect on customer satisfaction as well as on customer trust. The user interface also has a positive and significant effect on both customer satisfaction and customer trust. Moreover, customer trust has been proven to have a positive and significant effect on customer satisfaction. The customer trust variable also acts as a significant mediating variable in the relationship between e-service quality and customer satisfaction, as well as between user interface and customer satisfaction. Thus, all research hypotheses (Ha1–Ha7) are accepted. These findings emphasize the importance of e-service quality and user interface in enhancing customer satisfaction and trust toward PLN’s digital services.