Rangkiang: Journal of Islamic Economics and Business
Rangkiang: Journal of Islamic Economics and Business is an international, peer-reviewed open access journal dedicated to the exchange of high-quality research results in all aspects of Islamic economics and business. The scope of the Rangkiang Journal is not only in the form of studies, research or development, but also book reviews on Islamic economics and business. However, it also focuses on: Islamic Economic Theory (Micro and Macro), Sharia Financial Institutions, Sharia Accounting, Islamic Philanthropy, Islamic Business and other Islamic economic and business research results. The journal publishes state-of-the-art papers in fundamental theory, experiments, and simulations, as well as applications, with systematically proposed methods, adequate reviews of previous works, extended discussions, and concise conclusions. As our commitment to the advancement of science and technology, Rangkiang: Journal of Islamic Economics and Business follows an open access policy that allows published articles to be available online for free without any subscription. Submitted papers must be written in English for an initial review stage by the editor and a further review process by a minimum of two international reviewers.
Articles
21 Documents
Evaluation of How Financial Performance Affects Profitability
Anggi Puspita Sari
Rangkiang: Journal of Islamic Economics and Business Vol. 1 No. 1 (2023): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v1i1.1
The goal of this research project is to find out if the profitability of PT Bank Muamalat Tbk is influenced by financial ratios. The research sample, chosen by the application of purposive sampling, consists of the financial statements of PT Bank Muamalat Tbk from 1998 to 2021. In this study, data is processed using the Least Squares (LS) Method, and multiple linear regression tests are utilized to examine conventional assumptions. Eviews 12 is the data processing software utilized in this instance. The study's findings demonstrate that there is no appreciable relationship between Bank Muamalat Indonesia's ROA profitability and the financial parameters FRD, BOPO, NIM, or CAR. The profitability of Bank Muamalat Indonesia is significantly impacted by the non-performing financing (NPF Nett) financial ratio.
Multicultural Organizational Culture
Ashri Ramadhani
Rangkiang: Journal of Islamic Economics and Business Vol. 1 No. 1 (2023): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v1i1.2
This study examines multiculturalism related to morals in a nation to do something that has become a mutual agreement and then also examines the activities of communication, negotiation, decision making and multicultural teams in a diverse organization. The type of research used in this study is library research with a qualitative approach method. The result of this study is that intercultural communication is a process of conveying messages, information, ideas or feelings between people of different cultural backgrounds. Negotiation is a dynamic and diverse process of interaction and communication, containing art and full of secrets, to achieve a goal of the parties. Intercultural decision making needs to be done because of the difference between expectations or goals and the results achieved. Multiculturalism can simply be understood as an acknowledgment that a country or society is diverse and plural
Implementation of Salam and Istishna’ Contracts in Islamic Financial Institutions
Badruddin Ibad
Rangkiang: Journal of Islamic Economics and Business Vol. 1 No. 1 (2023): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v1i1.3
Islamic financial institutions are continually innovating in the field of financing, one of which is through salam and istishna' contracts. The implementation of these contracts holds significant potential to benefit society, particularly in agriculture and housing sectors. However, obstacles persist in the regulations and policies supporting the implementation of these contracts, alongside a lack of understanding and awareness among the public regarding the concepts and advantages of salam and istishna' contracts. This research utilizes a literature study method by gathering data from academic sources and journals that delve into the concepts of buying and selling within Islamic finance, specifically salam and istishna' contracts. The research aims not only to identify the potential of salam and istishna' contracts in facilitating the agricultural and housing sectors but also to analyze the barriers hindering the implementation of these contracts. The findings demonstrate that salam and istishna' contracts hold significant potential in facilitating financing and investment in agricultural and housing sectors. The implementation of salam contracts can provide easier and more affordable access to financing for farmers, while istishna' contracts can serve as housing financing instruments in line with Sharia principles. However, hurdles remain in the implementation of salam and istishna' contracts, such as a lack of public understanding and supportive regulations. Therefore, efforts are necessary to enhance public understanding of the concepts and benefits of salam and istishna' contracts, along with clear regulations to support the implementation of these contracts within Islamic financial institutions
Bibliometric Analysis Using VOSviewer to Measure Research Developments on Sharia Banking
Rivian Anda Sari
Rangkiang: Journal of Islamic Economics and Business Vol. 1 No. 1 (2023): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v1i1.6
This research aims to carry out bibliometric analysis using VOSviewer to measure the development of research on Sharia Banking. This research uses descriptive quantitative methodology in Measurement to examine Islamic Banking Research. This research on Sharia Banking starts from 1970 to 2022, according to Dimensions' search with the keyword Sharia Banking. The results of this search contained 2,607 research publications with 683 Authors, 419 Clusters, 397 Links, and a Total link strength of 403. The results of the research were analyzed descriptively, inputted, and analyzed using VOSviewer and by reviewing literature reviews to determine the visual form of measuring developments on topics surrounding Sharia Banking. The research results show that publications increase significantly every year. Based on measurements from the use of VOSviewer, research regarding the development of Sharia Banking has 885 citations and 0.34 Citations (mean). The main contribution of this research is to determine the expansion of research on Sharia Banking and themes that are rarely studied about Sharia Banking.
The Influence Of Self-Motivation And Entrepreneurship Learning On Students' Interest In Shari'ah Banking Study Program For Entrepreneurship
Adinda Putri;
Dian Meliza;
Fitrianto Fitrianto
Rangkiang: Journal of Islamic Economics and Business Vol. 1 No. 1 (2023): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v1i1.8
The aim of this study is to determine the influence of self-motivation and learning in entrepreneurship courses on students' interest in the Shariah banking entrepreneurship program. The population in this research is students who have taken entrepreneurship courses. A sample of 47 respondents was used for this research. Data collection was done through observation, interviews, questionnaires and documentation measured using a Likert scale. Data analysis was carried out using the multiple linear regression method with the help of SPSS software. The results of this research show that self-motivation has a significant influence on students' interest in entrepreneurship with a significant value of 0.015 <0.05. Entrepreneurship learning has a significant influence on students' interest in entrepreneurship with a significant value of 0.000 < 0.05. Self-motivation and entrepreneurship learning simultaneously influence interest in entrepreneurship among students in the Sharia Banking Study Program. This is shown by the value Fcount > Ftable, namely with a significant value of 11.579 > 3.21
Feasibility Analysis of Boba Beverage Business In Ambon City: Case Study Based on Porter's Five Forces
Triadi Mulyanto;
Arizal Hamizar
Rangkiang: Journal of Islamic Economics and Business Vol. 2 No. 1 (2024): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v2i1.12
This study aims to analyze the feasibility of boba beverage business in Ambon City using the Five Forces Porter approach. The research method used is descriptive qualitative by collecting data through interviews, observations, and literature studies. The analysis is done using the concept of Five Porter Forces, namely the competition between existing competitors, supplier negotiation power, buyer negotiation power, the threat of new entrants, and the threat of substitute products. The results show that the boba beverage industry in Ambon City has a significant potential and is still growing. The competition between existing competitors is relatively high with several well-known brands in the market, but there is still an opportunity to develop through innovative products and proper promotion. Supplier negotiation power is also relatively high due to the need for specialized raw materials, but there are several alternative suppliers that can be utilized. Buyer negotiation power is quite low because boba drinks are considered a premium product with a relatively high price. The threat of new entrants is relatively low due to several entry barriers in this industry, such as high investment costs and the difficulty of obtaining high-quality raw materials. The threat of substitute products is relatively low because boba drinks have a unique taste and a fairly loyal customer base.
The Influence of Social Media in Developing UMKM Enterprises (Small and Medium Micro Enterprises) in Tanjung Raya District, Agam District
Rahmadani, Fauza;
S, Siska Febriyanti
Rangkiang: Journal of Islamic Economics and Business Vol. 2 No. 2 (2024): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v2i1.13
The main problem in this study is the number of SMEs that are active in District of Tanjung Raya as many as 150 SMEs. In Tanjung Raya District there are various types of businessess such as typical Maninjau food, drinks, chips, patstries and so on. In this business, many MSME actors. To face this competition, there are several MSME business actors sell the same product and in the same location, resulting in competition between MSME actors. To face this competition, there are several MSME business actors who use social media to promote or introduce their products. Of the 150 active MSMEs, only 40 MSMEs use social media. The purpose of this study was to determine the use of social media in developing MSME businessess in Tanjung Raya. The type of research that the authors conducted was field research with qualitative methods to obtain data form the problems studied. Data collection techniques that the authors use are observation, interviews and documentation. The results of this study are thatdevelopment of MSME businesses that have used social media has in increased compared to before using social media. The social media used for promotion are Facebook, Instagram, WhatsApp. Promotion carried out by MSME business actors is to display photos and videos about the products being sold. It can be concluded that this social media really helps MSMEs in increasing income and having regular customers.
Investigation of an Entrepreneurial Soul in Boarding Students of Islamic Boarding Schools
Novita Jalal
Rangkiang: Journal of Islamic Economics and Business Vol. 2 No. 1 (2024): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v2i1.16
The aim of this research is to obtain an overview of the role of Islamic boarding schools in instilling an entrepreneurial spirit in students. This research uses a literature study method using 7 research articles related to cultivating an entrepreneurial spirit in students at Islamic boarding schools. The results of this research show that Islamic boarding schools have a role in building the entrepreneurial spirit of students in Islamic boarding schools through self-confidence, originality (creativity). and innovation) contained in the sermon activities carried out by the students. Results oriented, which can be seen through all activities provided at the Islamic boarding school solely to achieve the Islamic boarding school's vision. Instill mental discipline, namely by providing rules both written and culturally that occur in Islamic boarding schools. Leadership, which is carried out by optimizing the business units owned by the Islamic boarding school, including commerce, animal husbandry, fisheries and agriculture. Islamic Boarding School has a big role in creating modern industrial entrepreneurship, namely creating business units including soap making, convection, cake making, etc., by empowering students and the community through entrepreneurship programs so that they can support and improve the welfare of students and the community by creating lots of jobs.
Overview Of Students’ Entrepreneurial Interests Supporting Factors
Irdianti Irdianti
Rangkiang: Journal of Islamic Economics and Business Vol. 2 No. 1 (2024): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v2i1.17
The aim of this research is to obtain an overview of the factors that can support the growth of entrepreneurial interest in students. The research method used in this research is a library research approach using 6 previous research articles related to students' interest in entrepreneurship. Based on the research results, it is known that the factors that influence students' interest in entrepreneurship come from internal and external factors. Internal factors, including motivation, creativity and innovation in students, have a joint influence on interest in entrepreneurship and play an active role in students' interest in entrepreneurship. Apart from that, external factors such as family environment; entrepreneurship education; income expectations; the use of social media and learning soft skills has a significant influence on students' interest in entrepreneurship. Furthermore, there will be expectations of greater income obtained from business. Furthermore, there are differences in entrepreneurial interest between male and female students.
The Effect of Self Service Technology and Service Quality Toward Customer Satisfaction of Bank Nagari Syariah Batusangkar Branch
Tania Ananda Putri;
Husni Shabri
Rangkiang: Journal of Islamic Economics and Business Vol. 2 No. 1 (2024): Islamic Economic
Publisher : Denisya Smart Consulting
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DOI: 10.70072/rangkiang.v2i1.18
The purpose of this study was to analyze the effect of self service technology and service quality on customer satisfaction of Bank Nagari Syariah Batusangkar Branch. The research method uses a quantitative approach. The population of this study consisted of 970 people who used the M-Banking application with a sample of 91 people. The analysis technique uses multiple linear regression analysis. The results showed that the variables of self service technology and service quality simultaneously influenced customer satisfaction. Partially self service technology and service quality also affect customer satisfaction at Bank Nagari Syariah Batusangkar Branch which uses the M-Banking application. The results of this study will implement bank management to be able to improve service and quality in order to maintain customer satisfaction.