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Contact Name
Supriyanto
Contact Email
supriyanto.mud@gmail.com
Phone
+628172840150
Journal Mail Official
jurnalpbsiainska@gmail.com
Editorial Address
Shariah Banking Study Program, Faculty of Islamic Economics and Business, UIN Raden Mas Said Surakarta. Jl. Pandawa No. 1, Pucangan, Kartasura, Central Java, Indonesia, 57168. Phone: 02271 781516, Fax: 02271 782774
Location
Kab. sukoharjo,
Jawa tengah
INDONESIA
Journal of Finance and Islamic Banking
ISSN : 26152967     EISSN : 26152975     DOI : prefix 10.22515/jfib
Journal of Finance and Islamic Banking is a peer reviewed journal that is published by the Sharia Banking Department of UIN Raden Mas Said Surakarta in collaboration with the scholars association Ikatan Ahli Ekonomi Islam, published biannually in June and December. This journal publishes current, original research on Islamic finance and Islamic banking. The Journal of Finance and Islamic Banking openly welcomes scholars, postgraduate students, and practitioners to submit their best research articles that correspond to the topics.
Articles 6 Documents
Search results for , issue "Vol. 3 No. 1 (2020)" : 6 Documents clear
Implementation of the Maqashid Syariah Index Approach on the Performance of Sharia Regional Development Banks in Indonesia Muhamad Yusup; Dewi Sartika Nasution
Journal of Finance and Islamic Banking Vol. 3 No. 1 (2020)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v3i1.1952

Abstract

The implementation of sharia bank performance appraisal models has so far adopted the conventional banking model in terms of evaluating financial performance. Based on this phenomenon, the evaluation of sharia banking performance should use performance measurement based on the maqashid sharia method. The Maqashid Syariah Index (MSI) method has three main objectives, including tahzibal-fardi (educating people), iqamah al-‘adl (upholding justice), and jalbal-maslahah (public interest). The research is a quantitative descriptive study, to explain the maqashid syariah index ratio in analyzing the performance of sharia regional development banks in Indonesia. The sample used in the study using purposive sampling. The performance of sharia regional development banks based on the maqashid sharia index approach illustrates that sharia regional development banks in Indonesia in their implementation of sharia operations are more dominant in the goals of Iqmah al-Adl, meaning that regional development banks in Indonesia are more concentrated in terms of applying sharia principles. The sharia regional development bank in Indonesia that has achieved the best performance according to the Maqashid Syariah Index approach is the Aceh Syariah Bank. 
Malaysian Consumer Intention toward Takaful Scheme for Mental Health Disorders Khairil Faizal Khairi; Nur Hidayah Laili; Aimi Fadzirul Kamarubahrin
Journal of Finance and Islamic Banking Vol. 3 No. 1 (2020)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v3i1.2428

Abstract

This paper investigates the factors influencing Malaysian consumer intention toward takaful scheme for mental health disorders. An applied expanded Theory of Reasoned Action (TRA) model were used in the research and the variables of awareness, perception, attitude, subjective norm and intention toward a takaful scheme for mental health disorders were investigated. It is a pilot research carried out in Malaysia. The respondents are 60 Malaysian takaful consumers based on an online survey inside Klang Valley, Malaysia. This study reveals that the mean of attitude with the score of 4.27 is the highest score. The Pearson correlation is positive for both independent and dependent variables. Analysis of regression indicates a strong positive relationship between subjective norm and intention, thus suggesting that subjective norm is an important area to link to intention against mental health disorder takaful scheme. This is also proposed that future studies will concentrate on the factors that affect the willingness of consumers towards takaful mental health disorder schemes. It is hoped that the results of this study will serve as an informative reference for further development of takaful scheme for mental health disorder.
The Management of Fiat Money or Gold Standard in the Financial System Lathif Lanafir Rifqi; Ana Zahrotun Nihayah
Journal of Finance and Islamic Banking Vol. 3 No. 1 (2020)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v3i1.2566

Abstract

In recent years, several prominent figures in Islamic Economics have called for a reform of the financial system from the concept of fiat money to return to the gold standard system (dinar dirham). The main reason for financial system reform is the perspective that fiat money is considered not resistant to inflation. However, the gold standard system is considered to have various weaknesses namely; physical size is relatively heavy, is not proven to be anti-inflation based on historical records, high production costs, inefficient utilization of production resources, only benefits certain groups, and is vulnerable to payment deficits. In theory, the problem of inflation is caused by the imbalance between supply and demand for money itself. If the money supply is greater than the demand, it will cause inflation. Conversely, if the money supply is less than the demand, then the economic activity will not be smooth. Therefore, this article believes that inflation is not due to the physical form of money (paper or gold ), but is caused by effective money supply and demand management. Therefore, government policies are needed including (a) deregulation of the banking system by nationalizing all banks, (b) playing an active role in intervening in the surge in prices of goods and services (c) promoting Ziswaf institutions.
Waqf and State Interference: A Phenomenology Study in Al-Azhar University, Egypt Agung Abdullah
Journal of Finance and Islamic Banking Vol. 3 No. 1 (2020)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v3i1.2625

Abstract

This paper was aimed at revealing the Egyptian Government's intervention in the management of Al-Azharwaqf. The data was collected by interviewing officials at the Al-Azhar University in Egypt, officials at the Egyptian Ministry of Education, academics and Waqf researchers in Egypt. The results of this study indicated that Egyptian Government intervened and took over the management of Al-Azharwaqf by issuing laws related to waqf and its management from 1923 to 1971. The impact of the takeover of Al-Azharwaqf management by the State also made Al-Azhar was no longer economically independent and was held hostage by the government.
Implementation of Sharia Management in Islamic Mutual Fund Products Rizki Ikha Riftiani; Diana Putri Lestari; Kharis Fadlullah Hana
Journal of Finance and Islamic Banking Vol. 3 No. 1 (2020)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v3i1.2626

Abstract

Sharia management is one of the essential roles to determine the success of an Islamic financial institution. The existence of good and supportive regulations, healthy competition, increasing promotion to achieve an extensive market target make Mutual Fund Investment Services Products begin to show significant developments. One of them is the implementation of sharia management in BSM KC Kudus. The results showed that the performance of sharia management in BSM KC Kudus, Islamic mutual fund products, was implemented following Islamic sharia principles. The results of the discussion about the implementation of sharia management, which includes: performance of sharia management planning functions, namely (human resources, finance, and marketing) the second is the implementation of sharia management organizational functions, namely (the structure that is not following the contract) the third is an implementation of sharia management in the briefing function (employee personality in relationship with Allah SWT and humans) and implementation of sharia management oversight function (individual piety and employee control). 
The influence of Halal Label, Product Quality, and Price on Purchasing Decisions Cut Tari Fadila; Talbani Farlian; Arroyyan Ramly
Journal of Finance and Islamic Banking Vol. 3 No. 1 (2020)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v3i1.2627

Abstract

This study aims to analyze the influence of halal label, product quality, and price on purchasing decisions with a case study at the Bread Boy Bakery & Cake Shop in Banda Aceh. This research is quantitative research. The sample used was 100 respondents using a purposive sampling technique. The results of data processing carried out using the SPSS 22 program through the multiple linear regression analysis methods shows that the independent variables are halal labels, product quality, and price simultaneously or simultaneously have a positive and significant effect on purchasing decisions. While partially, the halal label variable does not have a positive and significant effect on purchasing decisions. While the product quality variable partially influences the purchasing decisions. The price variable has a positive and significant effect on purchasing decisions.

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