cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Dhita Febyanti
Contact Email
editor@ijefm.co.in
Phone
+6281315458523
Journal Mail Official
editor@ijefm.co.in
Editorial Address
Jl. Raya Pemda Pajeleran Sukahati No. 41 Cibinong, Bogor. 16913
Location
Kab. gresik,
Jawa timur
INDONESIA
Journal of Ekonomics, Finance, and Management Studies
Published by Universitas Muhammadiyah Gresik
ISSN : 26202956     EISSN : 27470490     DOI : https://doi.org/10.47467/elmal.v5i12
Core Subject : Religion, Economy,
Religion Economics, Econometrics & Finance
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam mempublikasi hasil riset dan kajian terkini bidang ekonomi, keuangan, manajemen dan bisnis Islam. Mulai 2011, jurnal ini terbit tiga kali setahun setiap Maret, Juli dan November. Jurnal ini dikelola oleh Pusat Riset dan Kajian Strategis (PRKS) Masyarakat Ekonomi Syariah (MES) Bogor Raya bekerjasama dengan Institut Agama Islam Nasional (IAI-N) Laa Roiba Bogor, Institut Agama Islam (IAI) Sahid Bogor dan Institut Umum Quro Al-Islami (IUQI) Bogor. P-ISSN 2620-2956 E-ISSN 2747-0490.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 1,633 Documents
 134   135   136   137   138 
Pengaruh Data Akuntansi Bank Umum Syariah di Indonesia: Perspektif Sebelum dan Saat COVID-19 Sitira Novitasari; Farida Diyan Pertiwi; Muslihun
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8390

Abstract

The global pandemic known as Covid-19 has impacted nearly every country, including Indonesia. In addition to its impact on the health sector, the economic realm, including Islamic Banking, is among the most affected sectors. A financial institution, known as a bank, plays a crucial role in a country's economy. The sustained performance and profitability of banks are vital for the continuous operation of Islamic banks as intermediaries. This research aims to assess the impact of Capital Adequacy Ratio (CAR), Financing to Deposit Ratio (FDR), Non-Performing Financing (NPF), Total Assets, and Operational Costs on the Operating Income (BOPO) influencing the Return on Equity (ROE) during the Covid-19 pandemic in Islamic Commercial Banks in Indonesia. The analytical approach employed is Multiple Linear Regression Analysis. The results of the partial study, as indicated by the t-test, reveal that CAR, FDR, NPF, and Total Assets do not exert a significant effect on profitability (ROE), whereas BOPO significantly influences profitability (ROE).
Literature Review: Pengaruh Digital Marketing dan Electronic Word of Mouth (E-WOM) Terhadap Niat Beli dengan Brand Image Sebagai Variabel Mediasi Dwi Prasetyono Nugroho
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8425

Abstract

Technological transformation in Indonesia, particularly the growth in internet users, has created significant opportunities for the implementation of digital marketing. Based on a literature review of ten journal articles, it was found that digital marketing and electronic word-of-mouth (e-WOM) play a significant role in influencing consumers' purchase intentions. Moreover, a positive brand image can strengthen this influence by building consumer trust in products. The studies also reveal that brand image may mediate the relationship between digital marketing and purchase intention, although variations in findings were noted across different studies. In conclusion, this review highlights the importance of integrating digital marketing, e-WOM, and brand image into marketing strategies to enhance purchasing decisions. Further research is encouraged to explore other aspects of digital marketing more comprehensively and to conduct path analysis to better understand the interactions among these variables.
Pengaruh Customer Satisfaction dan Customer Loyalty terhadap Repurchase Intention Reza Fachmi
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8432

Abstract

The automotive industry is one of the strategic sectors that significantly contributes to Indonesia’s economic growth through job creation and increased national income. Along with the post-COVID-19 economic recovery and the intensifying competition among automotive brands—particularly from Japan, South Korea, and China—companies are required not only to offer quality products but also to deliver a comprehensive customer experience. This study aims to analyze the influence of Customer Satisfaction and Customer Loyalty on Repurchase Intention in the automotive sector. Based on previous literature, there is a strong relationship between satisfaction and loyalty in driving consumers’ intention to repurchase from the same brand. The findings of this study are expected to provide strategic implications for automotive company management in designing customer experience–oriented marketing strategies to improve long-term customer retention.
Analisis Edukatif Kebijakan Suku Bunga Bank Indonesia Berdasarkan Taylor Rule (2022–2023) Mutia Rafa Nursawitri; Nadia Sulistyaningsih; Miranda Herdia Nova; Miftahul Jannah; Khanaya Isyabrina Maryam; Gregorius Agung Steven Simanjuntak; Ahmad Setiawan Nuraya
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8466

Abstract

This study analyzes Bank Indonesia’s benchmark interest rate policy during the 2022–2023 period using the Taylor Rule approach, a simple formula that links interest rate settings with inflation conditions and the output gap. The research adopts a descriptive quantitative method. The purpose of this study is to provide a more comprehensive understanding for the general public regarding the fundamentals behind Bank Indonesia’s interest rate decisions. The data used were obtained from Bank Indonesia and Statistics Indonesia (Badan Pusat Statistik), including actual inflation and economic growth figures. The analysis results indicate that in several periods, Bank Indonesia’s decisions aligned with the Taylor Rule, particularly in the second half of 2022 when core inflation exceeded the central bank’s target. However, some deviations were observed, primarily due to external economic shocks and currency volatility considerations. The study concludes that although the Taylor Rule can serve as an initial guideline, Bank Indonesia must remain flexible in responding to economic challenges. This research is expected to enhance public understanding of how interest rate policies are formulated in Indonesia.
Pemikiran Ekonomi Kontemporer Madzhab Alternatif Tawaran dari Timur Kuran Aris Saiful Mizan; Arif Angga Bayu Saputro; Mugiyati
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8496

Abstract

The understanding of the alternative economic school proposed by Timur Kuran is a study that encompasses various approaches and models different from the conventional economic system. The focus of the alternative economic school is to create a more just, sustainable, and human and environmentally oriented system. This research aims to explore the contemporary economic thoughts of the alternative school of Timur Kuran. The method used in this research is literature review with descriptive analysis. Timur Kuran asserts the superiority of Islamic economic theory and highlights economic practices aligned with Islamic principles as a response to the imbalances and injustices within the capitalist system. The goal is to enhance the economy and strengthen Islamic identity amid cultural globalization. Moreover, he rejects the concept of interest based on the fundamental principle of Islamic economics, the prohibition of usury, deeming it exploitative and unjust in wealth distribution. Kuran also criticizes the zakat redistribution system, questioning its effectiveness and pointing out inadequacies in fund management and allocation, leading to limited impact in addressing poverty.
Pengaruh Koneksi Politik dan Financial Constraint Terhadap Agresivitas Pajak Resyifa Putri Pramesti; Diarany Sucahyati
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8503

Abstract

ABSTRACT. This study aims to examine the effect of political connections and financial constraints on tax aggressiveness, as well as to analyze the interaction between the two. In addition, the study explores the varying effects of political connections and financial constraints on tax aggressiveness based on industry sector classifications. The background of this research is based on the increasing attention toward tax avoidance practices among corporations, particularly in the context of companies with ties to political power and those facing financial pressure. This research adopts a quantitative approach using multiple linear regression analysis. The sample consists of 2,041 observations of non-financial and non-banking companies listed on the Indonesia Stock Exchange (IDX) during the period 2019–2022. The sampling technique used is purposive sampling based on specific criteria, and tax aggressiveness is measured using two proxies: the Effective Tax Rate (ETR) and the Cash Effective Tax Rate (CETR). Interaction tests and sectoral analysis are also employed to identify effects under specific conditions and sectors. The results of the study indicate that neither political connections nor financial constraints have a significant overall effect on tax aggressiveness. However, both variables show significant effects in several specific sectors. Furthermore, the interaction between political connections and financial constraints is found to increase the likelihood of companies engaging in aggressive tax planning. Keywords: Tax Aggressiveness, Financial Constraint, Political Connections ABSTRAK. Penelitian ini bertujuan untuk menguji pengaruh koneksi politik dan financial constraint terhadap agresivitas pajak, serta menganalisis interaksi antara keduanya. Selain itu, penelitian ini juga mengeksplorasi masing-masing variasi pengaruh dari koneksi politik dan financial constraint terhadap agresivitas pajak berdasarkan klasifikasi sektor industri. Latar belakang penelitian ini didasari oleh meningkatnya perhatian terhadap praktik penghindaran pajak di kalangan korporasi, khususnya dalam konteks perusahaan yang memiliki hubungan dengan kekuasaan politik dan menghadapi tekanan keuangan. Penelitian ini menggunakan pendekatan kuantitatif dengan metode analisis regresi linier berganda. Sampel yang digunakan sebanyak 2.041 observasi perusahaan non-keuangan dan non-perbankan yang terdaftar di Bursa Efek Indonesia (BEI) selama tahun 2019–2022. Teknik pengambilan sampel dilakukan secara purposive sampling dengan kriteria tertentu, dan pengukuran agresivitas pajak menggunakan dua proksi, yaitu Effective Tax Rate (ETR) dan Cash Effective Tax Rate (CETR). Uji interaksi dan analisis sektoral turut digunakan untuk mengidentifikasi pengaruh dalam kondisi dan sektor tertentu. Hasil penelitian menunjukkan bahwa baik koneksi politik maupun financial constraint tidak berpengaruh signifikan terhadap agresivitas pajak secara keseluruhan. Namun, keduanya menunjukkan pengaruh signifikan pada beberapa sektor tertentu. Selain itu, interaksi antara koneksi politik dan financial constraint terbukti meningkatkan kecenderungan perusahaan untuk melakukan perencanaan pajak secara agresif. Kata kunci: Agresivitas pajak, Financial Constraint, Koneksi Politik
Manajemen Transformasi Digital Pembayaran: Faktor-Faktor Adopsi E-Money dan Implikasinya pada Velocity of Money Alfitri Ramadhani; Dewa Putu Yudi Pardita
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8526

Abstract

The transformation of digital payments has significantly reshaped Indonesia's monetary landscape, primarily through the widespread adoption of electronic money (e-money). This study investigates the relationship between e-money adoption and the velocity of money using comprehensive secondary time-series data from 2020 to 2024. An econometric approach was employed, utilizing data from Bank Indonesia, Statistics Indonesia (BPS), and industry reports. The findings reveal a strong negative correlation (-0.847) between e-money transaction volume and M1 velocity, indicating fundamental shifts in monetary circulation patterns. E-money transactions grew from 5.2 billion in 2020 to 13.76 billion in the first eight months of 2024 (CAGR: 27.4%), while M1 velocity decreased from 13.16 to 12.1. Granger causality testing confirms that e-money adoption significantly affects the velocity of money with a one-quarter lag. The study offers strategic policy recommendations for adapting monetary frameworks and optimizing the digital payment ecosystem. These findings provide important macroeconomic insights and can inform central bank strategies in emerging economies.
Pengaruh Kepemilikan Institusional, Proporsi Komisaris Independen dan Profitabilitas Terhadap Penghindaran Pajak Dinida Prilya; Fera Damayanti; Angga Permadi Karpriana
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8530

Abstract

The purpose of this study is to evaluate and analyze the impact of institutional ownership, proportion of independent commissioners and profitability (ROA &ROE) on tax avoidance. This research applies a quantitative approach with descriptive statistical methods. The population studied includes companies in the food and beverage sector listed on the Indonesia Stock Exchange from 2019 to 2023. Sample collection was carried out using purposive sampling technique, with a total sample of 60. The annual report of each company and data in the form of information from the IDX for data collection needs become secondary data. Multiple linear regression testing was carried out using SPSS version 26 software as a data processing tool. The findings of this study indicate that institutional ownership and return on equity (ROE) have a negative, but insignificant, impact on tax avoidance. Meanwhile, the proportion of independent commissioners has a positive and significant impact on tax avoidance and return on assets (ROA) has a positive but insignificant impact on tax avoidance.
Efektivitas Live Streaming Commerce dalam Meningkatkan Engagement dan Konversi Konsumen Generasi Z Amanda Putri Setiawan; Dewa Putu Yudi Pardita; I Made Setena
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8540

Abstract

The advancement of digital technology has driven transformations in marketing strategies, including the rise of live streaming commerce that enables real-time interaction between sellers and consumers. This study aims to analyze the effectiveness of live streaming in increasing engagement and conversion among Generation Z in the fashion and accessories categories. A mixed-method approach was applied, combining qualitative interviews and observations with quantitative surveys and platform analytics. The results show that Shopee Live is more effective in driving purchase conversion through transactional features, while TikTok Live excels in building engagement and brand awareness. This research offers practical insights for businesses in designing digital marketing strategies aligned with platform characteristics and the preferences of young consumers. The study involved four key informants, shop owners who have more than 10,000 followers and actively live stream on Shopee and TikTok every day. In addition, an online survey was conducted with 120 people from Generation Z who have watched live streaming sessions on fashion and accessory products. The research was conducted thoroughly using qualitative and quantitative methods. The results provide a comprehensive overview of the effectiveness, engagement and conversion of both platforms.
Pengaruh Social Media Marketing, Electronic Word of Mouth, dan Customer Experience Terhadap Repurchase Intention Produk Make Over Shifa Nur Aini; Ajeng Aquinia
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i9.8548

Abstract

This study examines how the influence of Social Media Marketing, Electronic Word Of Mouth, and Customer Experience affects Repurchase Intention of Make Over products. Using a quantitative approach used in this study with a non-probability sampling method and purposive sampling technique involving 100 respondents who are active Make Over consumers through TikTok social media based on certain criteria. Data were collected through online questionnaires with a Likert measurement scale. Where the results of this study are in the form of numbers processed using SPSS software with validity, reliability, multiple linear regression, and t-test and f-test. The results of the study show that Social Media Marketing, Electronic Word Of Mouth, and Customer Experience have a simultaneous and significant influence on Repurchase Intention. These findings indicate that digital marketing strategies through social media, recommendations from other consumers, and positive customer experiences play an important role in encouraging consumer repurchase intentions for Make Over products. This study provides strategic implications for companies in designing digital-based marketing strategies to maintain customer loyalty.

Page 136 of 164 | Total Record : 1633

 134   135   136   137   138 

Filter by Year

2023 2026


Reset
Filter By Issues
All Issue Vol. 7 No. 1 (2026): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 12 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 11 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 10 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 9 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 8 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 7 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 6 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 5 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 4 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 3 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 2 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 1 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 12 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 11 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 10 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 9 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 8 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 7 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 6 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 5 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 4 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 3 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 2 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 5 No. 1 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 4 No. 6 (2023): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam More Issue