cover
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 97 Documents
Peran Kepemimpinan Transformasional dalam Meningkatkan Kinerja Individu Santri pada Unit Usaha Pondok Pesantren Fuad Dhiya Ul Husaen; Reni Rosari
Journal of Finance and Islamic Banking Vol. 2 No. 1 (2019)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v2i1.1831

Abstract

This study aims to determine how much influence transformational leadership on the individual performances of santri, mediated by the innovative behavior of santri. This research is confirmatory research that aims to examine theories that have been there before. The number of samples in this study was 102 students who worked in the business unit of the Sidogiri Islamic boarding school. The sample selection uses a purposive sampling technique. Data was collected using a questionnaire instrument with a Likert scale. Testing the hypothesis refers to Baron Kenny's mediation theory and processing data using Smart PLS 3 applications, by analyzing the results of evaluating the outer and inner models. The results of this study indicate that; (1) transformational leadership of the head of a business unit has a significant positive effect on the individual performance of students with a coefficient of 0.546. (2) innovative behavior proved not to mediate the influence of transformational leadership head of the unit on individual student performance.
Halal Industry and Islamic Banking: A Study of Halal Ecosystem Regulation in Indonesia Muhammad Khozin Ahyar; Muhammad Yusuf Perkasa Wibowo
Journal of Finance and Islamic Banking Vol. 2 No. 2 (2019)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v2i2.1929

Abstract

This article aims to analyze the halal industry lately is developing rapidly throughout the needs of the community. Indonesia is one of the world's largest halal product markets because it has favourable demographic conditions. Regulations on the submission of halal products in Indonesia itself have not led to the use of Islamic financial institutions in terms of the certification assessment. Even though the Qur'an and the hadith have explained that in doing business, how to get capital must also come from halal sources. This study uses a qualitative method by conducting a literature review on related references. The author found that the JPH Law (Halal Product Guarantee), and the halal certification requirements of LPPOM MUI, have not included finance as one requirement or assessment indicators in halal product certification. Financial indicators should be able to be one indicator in the certification of halal products because finance is one of the initial sources (upstream / input) of the creation of halal products.
Measurement of Cigarette Consumption of Indonesian People as Approach to Measurement of Cash Waqf Potential Iindra Suwandi
Journal of Finance and Islamic Banking Vol. 2 No. 2 (2019)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v2i2.1930

Abstract

This article aims to provide an alternative approach to measuring the waqf potential that is clearly measured, by paying attention to economic behavior guidelines from an Islamic perspective while being able to reveal some of the fundamental problems of the people, especially Muslims in Indonesia. In addition, also to be able to propose the development of the Islamic consumption model as a useful contribution to the development of the Islamic economic concept more broadly. This is a literature study and uses secondary data, using inductive thinking patterns with development goals. Research activities are carried out by digging deeper from knowledge about measuring the potential for prior cash waqf and searching for related data and then developing it. This study has obtained the measurement of cigarette consumption as tabdzir behavior as an alternative approach to measuring the potential of waqf that is clearly measured and meets good measurement needs. An Islamic consumption model that at the same time can provide awareness of the problems of the Ummah has also been developed.
Penguatan Financial Performance dan Poverty Reduction Melalui Literasi Keuangan di Industri Keuangan Non Bank (IKNB) Syariah pada Masyarakat Jawa Tengah Joko Robi Prasetyo; Supriyanto Supriyanto; Budi Sukardi
Journal of Finance and Islamic Banking Vol. 2 No. 2 (2019)
Publisher : Universitas Islam Negeri Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jfib.v2i2.1942

Abstract

This study aims to analyze the effect of accessibility directly on financial performance, the effect of indirect accessibility on financial performance through poverty reduction, the effect of direct availability on financial performance, the effect of indirect availability on financial performance through poverty reduction, the effect of direct usefulness on financial performance, the effect of indirect use on financial performance through poverty reduction, the effect of financial performance directly on poverty reduction. This research was conducted in the Islamic non-bank financial industry (IKNB) in the Central Java region which is incorporated in the OJK Sharia Financial Statements and Central Java BPS Reports. The results of the study are accessibility does not directly affect financial performance (p.0,318> 0.05). Availability does not directly affect financial performance, this is evidenced by the statistical t value (p.0,605> 0.05). Usability does not directly affect financial performance, this is evidenced by the statistical t value (p.0,456> 0.05). Financial performance does not directly affect poverty reduction, this is evidenced by the statistical t value (p.0,153> 0.05).
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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