cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
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
Published by Universitas Islam Negeri Raden Mas Said Surakarta
ISSN : 26152967     EISSN : 26152975     DOI : prefix 10.22515/jfib
Core Subject : Religion, Economy, Social,
Religion Economics, Econometrics & Finance Social Sciences
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Keuangan
Articles 7 Documents
 1 
Search results for , issue "Vol. 8 No. 1 (2025)" : 7 Documents clear
Research on the Capital Adequacy Ratio, Good Governance and Leverage in Islamic Banking Uckun, Nurullah; Ölçen, Olcay
Journal of Finance and Islamic Banking Vol. 8 No. 1 (2025)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v8i1.11056

Abstract

Purpose: This research mainly proposes to investigate the Islamic Banks considering Capital Adequacy Ratio (CAR) and corporate governance for 13 Muslim countries and the United Kingdom. Method: Econometric panel data analysis is utilized for this research after necessary tests are used. The research data is taken from the World Bank and Islamic Financial Services Board web page. Results: According to research results, a %1 augmentation in political stability causes a 0.0518 increase in Capital Adequacy Ratio (CAR), a %1 rise in regulator quality causes a 0.0416 increase in Capital Adequacy Ratio (CAR), a %1 increase in Capital to Asset Ratio causes to 0.708 increase in CAR (index). According to the research model, ROE, Control of Corruption, Government Effectiveness, and Political stability do not in a significant statistical relationship with Capital Adequacy Ratio. Implication: The findings of this study suggest that there can be interpretation differences between conventional banks and their Islamic counterparts regarding banking financial management. In the regulative dimension, the existence and efforts of Basel regulations and the Islamic Financial Services Board develop in parallel with this context on the subject of CAR and other important dimensions of Islamic Banks. Originality: This paper contributes to Islamic finance literature by integrating governance and leverage variables into a unified model for assessing CAR    
Cutomer Loyalty in the Age of Digital Sharia Finance: Evidence from Bank Digital Aladin Syariah Mahsun; Tia Rahmatika; Nurazizah; M. Zainul Ridho; Zilal Afwa Ajidin; Ratna Dewi Kusumawati; Husnul Muamilah
Journal of Finance and Islamic Banking Vol. 8 No. 1 (2025)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v8i1.11814

Abstract

Purpose: This study aims to examine the influence of e-service quality, halal perception, and trust in online platforms on customer loyalty, with customer satisfaction as a mediating variable, focusing on users of Bank Digital Aladin Syariah among Generation Z students. Method: The research employed a quantitative descriptive approach using purposive sampling. Data were collected via structured questionnaires and analyzed using path analysis with multiple linear regression, including F-test and t-test procedures, processed through SPSS version 30. Results: The results indicated that e-service quality, halal perception, and trust in online platforms had a significant direct effect on both customer satisfaction and customer loyalty. However, customer satisfaction did not serve as a mediating variable in the relationship between the three independent variables and loyalty, suggesting that these factors influenced loyalty independently. Implication: The findings provide managerial insights for Islamic digital banking institutions to focus on improving digital service quality, reinforcing Sharia compliance, and building platform trust to foster customer loyalty. Originality: This paper contributes to the literature on Islamic digital finance by integrating technological, ethical, and religious variables into a unified model for explaining customer loyalty. The study offers a novel perspective by focusing on Generation Z users with specific exposure to Islamic banking education and experience.
Technology Acceptance and the Use of Non-Cash Payment Systems: Empirical Evidence from Generation Y and Z Dijan Novia Saka; Muhamad Wildan Fawaid; Muhammad Ridwan Bakhtiar; Muhammad Alfasa Ilham Haq; Mahammadaree Waeno
Journal of Finance and Islamic Banking Vol. 8 No. 1 (2025)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v8i1.11872

Abstract

Purpose: This study aims to examine the determinants influencing the use of non-cash transaction services among Generation Y and Z, focusing on the application of the Unified Theory of Acceptance and Use of Technology (UTAUT) model. Method: This research adopts a quantitative approach using convenience sampling with a total of 713 respondents. Data analysis techniques include descriptive statistics, Partial Least Square (PLS) regression, and path model analysis using SmartPLS and Microsoft Excel. Results: The results indicate that all latent variables—performance expectancy, facilitating conditions, social influence, risk perception, and trust perception—have a significant influence on the intention to use non-cash transaction services. Although effort expectancy shows a positive relationship, its effect is not statistically significant. Implication: The findings offer valuable insights for digital financial service providers and policymakers to enhance system accessibility, trust, and user convenience to encourage broader adoption among tech-savvy generations. Originality: This study contributes to the digital payment literature by integrating technological, social, and psychological factors within the UTAUT framework, specifically targeting Generation Y and Z as key demographic groups driving the future of cashless economies.
The Role of Sharia Fintech in Enhancing Financial Inclusion in the Digital Era Alfian, Ian; Abd Majid, M Shabri; Sugianto
Journal of Finance and Islamic Banking Vol. 8 No. 1 (2025)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v8i1.11798

Abstract

Purpose: This study aims to critically examine the role of Sharia-compliant financial technology (fintech) in enhancing financial inclusion, particularly among underserved Muslim populations in the digital era. Method: Employing a Systematic Literature Review (SLR) guided by the PRISMA protocol, this study analyzes 20 peer-reviewed journal articles published between 2018 and 2025.. Results: The findings are organized into four thematic domains: (1) improved access to finance for MSMEs through Sharia fintech platforms, (2) the critical role of digital and Sharia financial literacy in building trust, (3) regulatory fragmentation and ecosystem limitations, and (4) the ethical imperative of embedding justice in Islamic financial inclusion. Implication: The study provides actionable policy recommendations for regulators, fintech developers, and Islamic financial institutions to foster a sustainable and ethically grounded digital finance ecosystem. Originality: This study contributes to the literature by combining Islamic financial inclusion theory with contemporary digital finance practices.
Strengthening Resilience through Risk Management in Islamic Microfinance Institutions: A Case Study of BPRS in Riau Adiyes Putra; Khaidir, Widya; Nurnasrina; Siti Aisyah
Journal of Finance and Islamic Banking Vol. 8 No. 1 (2025)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v8i1.11799

Abstract

Purpose: This study aims to examine the implementation and effectiveness of risk management in Islamic Rural Banks (BPRS) in Riau Province, particularly in strengthening the resilience of sharia-compliant financing amidst growing financial uncertainties. Method: Using a qualitative case study approach, this research investigates two BPRS—Berkah Dana Fadhlillah and Hasanah—in both rural and urban contexts. Data were collected through interviews, observations, and document analysis involving practitioners, regulators, and academics. Results: The findings reveal that BPRS in Riau have implemented risk management systems in accordance with POJK No. 23/2019. Key strategies include policy formulation, development of risk-aware organizational culture, human resource enhancement, and financing segmentation—shifting from micro to consumer segments (e.g., murābaḥah). This strategic shift significantly reduced the Non-Performing Financing (NPF) rate. Implication: The research underscores the need for periodic updates in risk management strategies and enhanced professional capacity to maintain financing sustainability. Originality: This study contributes to the literature by integrating the concepts of organizational resilience and Islamic value frameworks in analyzing risk management practices at regional Islamic microfinance institutions.
Analyzing The Nexus Between Digital Financial Inclusion, Economic Growth, and Environmental Sustainability Impact in ASEAN Region Taufik, Nukman; Danarsari, Dwi Nastiti
Journal of Finance and Islamic Banking Vol. 8 No. 1 (2025)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v8i1.11815

Abstract

Purpose: This study aims to examine the impact of digital financial inclusion—proxied by debit card usage and ATM availability—on both economic growth and environmental sustainability across 11 ASEAN member countries during the period from 2010 to 2023. Method: Using panel data regression analysis, the study employs the Feasible Generalized Least Squares (FGLS) estimation method to analyze the relationship between financial inclusion, economic growth, and carbon emissions. Results: The analysis reveals a positive and significant relationship between debit card penetration and economic growth, suggesting that greater digital financial access contributes to economic performance. Conversely, the relationship between ATM availability and economic growth appears inconsistent. Implication: These findings underscore the need for policymakers, financial regulators, and development agencies to design financial systems that not only promote growth but also incorporate environmental safeguards. Originality: This research contributes to the literature by integrating digital financial inclusion metrics within an EKC framework to simultaneously evaluate economic and environmental outcomes in developing economies.
The Influence of Macroeconomic Factors on Murabahah Financing Performance at Bank Syariah Indonesia Ritonga, Khoirunnida; Imsar; Bi Rahmani, Nur Ahmadi
Journal of Finance and Islamic Banking Vol. 8 No. 1 (2025)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v8i1.12154

Abstract

Purpose: This study aims to examine the impact of macroeconomic variables—namely inflation, the BI rate, and the exchange rate—on murabahah financing at Bank Syariah Indonesia (BSI), both in the short and long term. Method: Employing the Vector Error Correction Model (VECM), the study analyzes time-series data to assess long-run equilibrium and short-term dynamics. Results: The findings reveal that in the long term, inflation and the BI rate negatively affect murabahah financing, while the exchange rate exerts a positive influence. In contrast, none of the variables show significant short-term effects. The Granger causality test identifies bidirectional relationships between the BI rate and both financing and inflation. Variance Decomposition shows that while financing is initially self-driven, over time inflation emerges as the most influential factor, accounting for 16.74% of variation in murabahah financing. Implication: These results suggest that Bank Syariah Indonesia should develop adaptive financing strategies in response to macroeconomic fluctuations, particularly inflation. Originality: This study contributes to Islamic finance literature by applying a dynamic econometric framework (VECM) to murabahah financing, and by offering empirical evidence from the post-merger period of Indonesia's largest Islamic bank.

Page 1 of 1 | Total Record : 7

 1 

Filter by Year

2025 2025


Reset
Filter By Issues
All Issue Vol. 8 No. 1 (2025) Vol. 7 No. 2 (2024) Vol. 7 No. 1 (2024) Vol. 6 No. 2 (2023) Vol. 6 No. 1 (2023) Vol. 5 No. 2 (2022) Vol. 5 No. 1 (2022) Vol. 4 No. 2 (2021) Vol. 4 No. 1 (2021) Vol. 3 No. 2 (2020) Vol. 3 No. 1 (2020) Vol. 2 No. 2 (2019) Vol. 2 No. 1 (2019) Vol. 1 No. 2 (2018) Vol. 1 No. 1 (2018) More Issue