cover
Contact Name
Mohammad Rosyada
Contact Email
mohammad.rosyada@uingusdur.ac.id
Phone
+6285726919905
Journal Mail Official
ijibec@uingusdur.ac.id
Editorial Address
Jl. Pahlawan KM. 5 Kajen, Kabupaten Pekalongan, Jawa Tengah, Indonesia
Location
Kota pekalongan,
Jawa tengah
INDONESIA
International Journal of Islamic Business and Economics (IJIBEC)
ISSN : 25993216     EISSN : 2615420X     DOI : https://doi.org/10.28918
Focus: Islamic Economics and Small and Micro Enterprises Scope: The scope of this journal encompasses the integration of Islamic Economics especially on Small and Micro Enterprises (SMEs) and local economies. It focuses on: 1.Analyzing the influence of Islamic values on consumer perceptions, preferences, and behaviors. 2. Application of Islamic economic principles for the growth of MSMEs and local economies. 3. Evaluation of the contribution of Islamic financial institutions such as Sharia banks, waqf, and other Islamic financial practices in supporting MSMEs. 4. Investigation into communication, branding, and distribution strategies grounded in Islamic principles. 5. Comprehensive literature reviews and empirical studies including case studies on consumer preferences and Islamic economic practices in sectors like halal food, halal tourism, Muslim fashion, and halal beauty products. 6. Analysis of policies and regulations that facilitate the implementation of Islamic economic principles in local economic growth. 7. Methodological approaches such as surveys, interviews, observations, field studies, and quantitative data analysis to assess the impact of these strategies on customer loyalty, business success, and economic prosperity. 8. Openness to exploring additional themes related to Islamic economics.
Articles 116 Documents
PLS Financing and Stability of Indonesian Islamic Banking widarjono, agus
International Journal of Islamic Business and Economics (IJIBEC) Vol 6 No 1 (2022): Volume 6 Nomor 1 Tahun 2022
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v6i1.4196

Abstract

Islamic banks are prohibited from using interest rates in any transaction, including financing. Instead, Islamic banks apply a profit-loss sharing (PLS) and non-PLS contract system. PLS financing consists of Musyarakah and Mudharabah. Our study analyzes the extent to which PLS financings with some control variables influence the stability of Islamic banks. This study measures stability utilizing Z-score. We employ the Autoregressive distributed lag (ARDL) model using monthly aggregate data of Islamic banks, covering from 2010:M1 to 2019:M12. According to the bound testing approach, the long-run relationship between dependent and explanatory variables is found. The PLS financings strengthen Islamic banks' stability for which Musyarakah financing enhances the stability but Mudharabah financing weakens stability. Evidence also underlines that bank characteristics such as CAR and efficiency affect stability. High CAR boosts stability but low efficiency deteriorates stability. More importantly, macroeconomic conditions persistently support stability for which economic upturn fortifies stability but sharp depreciation weakens stability.
Build Loyalty with Islamic Relationship Marketing and Trust Through Satisfaction Tamamudin; Saddam Husein; Anas Hidayat
International Journal of Islamic Business and Economics (IJIBEC) Vol 6 No 1 (2022): Volume 6 Nomor 1 Tahun 2022
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v6i1.3938

Abstract

This study examines and explains how loyalty is built with Islamic relationship marketing and trust through customer satisfaction. The success of a company in getting satisfied customers will have an impact on customer loyalty. Although relationship marketing research is a popular topic, research on relationship marketing from an Islamic perspective is very limited. Relationship marketing from an Islamic perspective is interesting because it is very relevant to be practicedin today's business development. The quantitative approach used in this study, the data collection method through questionnaires with non-probability sampling techniques, the number of respondents was 76, the data analysis technique used in this study was Path Analysis. The results showed that there was a relationship between Islamic relationship marketing and trust which had a direct effect on customer satisfaction. Islamic relationship marketing and trust directly affect loyalty, and consumer satisfaction has a direct effect on loyalty. Consumer satisfaction can play a role as a mediating variable between Islamic relationship marketing and trust on loyalty.
EXPERIENCE-BASED KNOWLEDGE IN ISLAMIC PERSPECTIVE yuli indah sari; Widiyanto bin Mislan Cokrohadisumarto; Olivia Fachrunnisa; Abdul Ghafar Ismail
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 2 (2021): Volume 5 Nomor 2 Tahun 2021
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v5i2.2886

Abstract

The development of technology has created problems regarding challenges and opportunities to utilize the knowledge that humans get from experience to guard these developments. Experience-based knowledge has been seen as a special advantage for individuals and Islam has unique in explaining this aspect. This paper aims to develop an experience-based knowledge model from an Islamic perspective and be developed based on a literature review approach, as well as integrated with Islamic values ​​contained in the Quran and hadith. Human knowledge on God's earth can be obtained through; personal experiences, other people, expert experiences, and experiences that are narrated in the Quran and Hadith. These experiences help individuals improve their abilities (in receiving mandates) and spread knowledge to others to achieve Allah's blessings, renewal of knowledge, and help achieve organizational goals.
INSTITUTIONAL PRESSURE AND THE IMPLEMENTATION OF INDONESIAN SFAS 109 made aristia; Hafiez Sofyani
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 2 (2021): Volume 5 Nomor 2 Tahun 2021
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v5i2.3641

Abstract

This study aims to investigate why and how zakat management organizations strategically respond to the obligation to apply the Indonesian Statement of Financial Accounting Standards Number 109 (SFAS 109) on Accounting for Zakat. It was conducted in National Amil Zakat Agency in Bali, and it applies a case study method with interviews, observation, and document review as data collection techniques. Subsequently, the data were interactively analyzed by applying thematic analysis. The results showed that although majority of the financial reporting processes could reflect the choice of acquiescence responses (compliance), other findings revealed the existence of non-compliance responses (compromise-balancing). These are related to the implementation of Indonesian SFAS 109 mainly relating to the context of receiving non-halal fund and the related parties' transactions. Meanwhile, the existence of this non-compliance behavior can be attributed to the low level of organizational dependence on its constituents and the low level of perceived coercivity of the institutional pressure. This study contributes theoretically by revealing new findings of internal actor’s role in deciding the organizational response to institutional pressure. In addition, this study can have practical implications on policy formulation by the Indonesian Accounting Association as a standard-setter body.
THE MODERATING ROLE OF INFORMATION TECHNOLOGY IN THE PERFORMANCE OF BAITUT TAMWIL MUHAMMADIYAH IN CENTRAL JAVA INDONESIA usamah; Hilda Lutfiani
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 2 (2021): Volume 5 Nomor 2 Tahun 2021
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v5i2.3869

Abstract

This study aimed to analyze the moderating role of Information Technology in the performance of Baitut Tamwil Muhammadiyah in Central Java, Indonesia. The target population was members of this Islamic Microfinance Institution. Data from 2015 to 2018 in the Central Java Sharia Office was used to obtain a sample size of 14 from 21 BTMs. Multiple Regression Analysis was then applied to analyze this data and explain the relationship between variables. The results showed that independent variables, including CAR, NPF, and BOPO ratios are positively correlated with ROA (Return on Assets) of BTM, except FDR. Information technology system moderation variables including FDR_SYSTEM and BOPO_SYSTEM significantly and positively affect ROA, while CAR_SYSTEM and NPF_SYSTEM are negatively correlated with the returns on total assets of the institution. In general, BTM should use I.T. for excellent performance and join academics and other stakeholders to increase awareness of the benefits of these computer-based systems in Islamic Microfinance institutions.
Organizational Support, Mustahiq Micro-Business Development and Poverty Alleviation: A Comparison Analysis Between BAZNAS and LAZNAS budi trianto; Evan Hamzah Muchtar; Ade Chandra; Masrizal; Tasiu Tijjani Sabiu
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 2 (2021): Volume 5 Nomor 2 Tahun 2021
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v5i2.3731

Abstract

This study aims to investigate whether the organizational support provided by BAZNAS and LAZNAS has a positive impact on the success of micro business development programs and poverty alleviation. Population in this study are mustahiq who have received empowerment program from BAZNAS and LAZNAS with the total sample size are 89 mustahiq. Data were collected using questionnaire with Likert scale 1 – 5 and were analyzed using Path Analysis. The results of this study indicate that the organizational support provided by LAZNAS tends to be better when compared BAZNAS. From three kinds of the supporting by BAZNAS, only business assistance support that affect to the successful of mustahiq micro-business development, even though two of them have a negative relationship. Meanwhile, all of supporting from LAZNAS has a positive relationship with successful of mustahiq micro-business development, despite two of them are insignificant. This study also found an important fact that the mustahiq micro-business development program was able to alleviate poverty. The results of this study imply that BAZNAS must evaluate and innovate the mustahiq micro-business development program. Meanwhile LAZNAS must provide more optimum support for capital assistance and mentoring to get a maximum impact.
FINANCIAL INCLUSION THROUGH ZAKAT INSTITUTION: CASE STUDY IN INDONESIA AND BRUNEI DARUSSALAM candra yudha, ana tony roby; Ida Wijayanti; Muhamad Nafik Hadi Ryandono; Dk Hjh Saerah Pg Hj Petra
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 2 (2021): Volume 5 Nomor 2 Tahun 2021
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v5i2.3354

Abstract

This research aims to reveal the financial inclusion occurs in zakat institutions within zakat distribution and empowerment program in Indonesia and Brunei Darussalam. This study will deliver zakat distribution and empowerment program held by zakat institutions in two countries and then analyze how are financial inclusion process happened to mustahiq in both institutions. The object of this research are the government zakat institution in two countries, namely Indonesia (BAZNAS) and Brunei Darussalam (BAKAZ). This study uses a qualitative method within multiple case strategy. Data collection in this study was carried out through in-depth interviews with several expert informants of BAZNAS and BAKAZ and also mustahiq of each institutions. This study shows that there are mustahiq financial inclusion process on empowerment program held by BAZNAS and BAKAZ by distribution of zakat for consumption and production needs. Financial inclusion happened in zakat institution are transferring zakat fund, financing mustahiq business within capital loan, and channeling to financial institutions, so that mustahiq can transform gradually to be bankable and have financial access to scale up their business.
Travel Intention of Muslim Tourist to Visit Non-Muslim Country: A Conceptual Paper of Extended Theory of Planned Behavior (ETPB) noveri maulana
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 2 (2021): Volume 5 Nomor 2 Tahun 2021
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v5i2.3710

Abstract

This paper is aimed to analyze the theoretical concept of travel intention of Muslim tourists to visit Non-Muslim countries as their traveling destination. Using the Extended Theory of Planned Behavior (ETPB), this research is implementing three additional variables as the antecedents of TPB which are Religiosity, Materialism, and Destination Image. Several hypotheses are proposed to analyze the impact of those additional variables toward the Muslim travel intention to visit the non-Muslim countries. This conceptual paper will contribute to the development of future empirical research regarding the implementation of TPB in the Halal Tourism context.
Customer Loyalty in Indonesian Sharia Commercial Banks: Study of Customer Satisfaction and Service Quality as Moderating Variables Bakti Setyadi, Bakti Setyadi; Sulaiman Helmi; Syed Ismail bin Syed Mohammad
International Journal of Islamic Business and Economics (IJIBEC) Vol 7 No 1 (2023): Volume 7 Nomor 1 Tahun 2023
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v7i1.6924

Abstract

Providing quality services is one strategy to achieve business success in the service sector, especially in terms of customer satisfaction and loyalty. This study aims to understand the empirical model and analyze the impact of service quality on customer loyalty, mediated by customer satisfaction. To achieve this, an explanatory research design was used, and a sample of 150 customers from the Palembang branch of Islamic Banks was selected using a simple random sampling technique. A questionnaire was used as the research instrument, and its validity and reliability were tested using CFA analysis. A complex causality model was then used, which was tested through the PLS-SEM technique. The results revealed that service quality has a significant direct effect on customer loyalty, with a substantial immediate impact on customer satisfaction. Additionally, customer satisfaction partially mediates the impact of service quality on customer loyalty. These findings have significant implications for businesses in the service sector, indicating that providing quality services is a critical strategy for achieving success, particularly in terms of customer satisfaction and loyalty. Based on these results, it is suggested that businesses focus on improving the quality of their services by regularly monitoring and assessing the quality of services offered to customers and investing in employee training to enhance the quality of their services.
Development of Halal Tourism in West Kalimantan: Analysis Using NVIVO Nurcholifah, Ita; Barkah; Erna Listiana; Fachrurazi
International Journal of Islamic Business and Economics (IJIBEC) Vol 7 No 1 (2023): Volume 7 Nomor 1 Tahun 2023
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/ijibec.v7i1.6845

Abstract

This study aims to determine the prospect of halal tourism that must be developed in order to capture opportunities in West Kalimantan. This study uses a qualitative method with a phenomenological approach. Data collection tools by conducting interviews, observations, and documentation by analysis using NVivo 12 Plus. The prospect of halal tourism in West Kalimantan Province is seen from the development of four aspects of development, namely: destinations, marketing, industry, and institutions. The high prospect of halal tourism in West Kalimantan which is so promising, of course, must be the main focus of development as well. Several aspects of the direction of development such as Destinations, Marketing, Industry, and Institutions need to be studied immediately, namely the inclusion of a clearer plan into the Regional Tourism Master Plan (RIPDA) which of course in this case also has an impact on funding, facilities, certification so that halal tourism in West Kalimantan can be realized maximally and develop rapidly. So that in turn it can increase income for the region in order to develop regional development more broadly and evenly to realize the welfare of the community, especially in West Kalimantan Province.

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