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Journal of Shariah Economics
Published by Universitas Al-Hikmah Indonesia
ISSN : 26552493     EISSN : 26552485     DOI : https://doi.org/10.35896/jse.v7i2
Core Subject : Religion, Economy, Education, Social,
Religion Economics, Econometrics & Finance Education Social Sciences Other
JOURNAL OF SHARIA ECONOMICS adalah jurnal ilmiah berkala yang dikelola dan diterbitkan oleh Program Studi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Universitas Al Hikmah Indonesia serta bekerja sama dengan Asosiasi Ekonom Islam Indonesia Jurnal ini berfokus pada kajian ekonomi dan ekonomi Islam Pengelola menerima kontribusi berupa artikel dari ilmuwan akademisi profesional dan peneliti yang berkaitan dengan studi ekonomi Islam Artikel akan dipublikasikan setelah melalui mekanisme seleksi naskah penelaahan oleh reviewer serta proses penyuntingan Semua artikel yang diterbitkan merupakan pandangan dan tanggung jawab penulis dan tidak mewakili jurnal ini maupun institusi asal penulis Journal of Sharia Economics diterbitkan dua kali dalam setahun yaitu pada bulan Juni dan Desember
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 195 Documents
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Penanaman Modal Asing dan Keterbukaan Perdagangan Terhadap Pertumbuhan Ekonomi Indonesia Tahun 2015-2024 M. Nashrullah; Resty Abdillah Paryanda; Lina Trisnawati; Rokhmat Subagiyo; Muhammad Aswad
JOURNAL OF SHARIA ECONOMICS Vol. 4 No. 2 (2022): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v4i2.1181

Abstract

This study applies a multiple linear regression model. The results of the study show that simultaneously, FDI and Trade openness are proven to contribute positively and significantly to Economic Growth with a calculated F value of 7.985 > F table 5.318 and a Sig. value of 0.016 < 0.05. However, partial analysis shows that FDI, although showing a positive direction, does not have a significant influence on economic growth with a calculated T value of 1.913 > T table 1.860 and Sig. 0.097 > 0.05. In contrast, Trade Openness has a positive and statistically significant impact with a calculated T value of 3.933 > T table 1.860 and Sig. 0.006 < 0.05. With the model's ability to explain 60.8% of the variation in Economic Growth, this study implies that Trade Openness currently plays a more dominant and stable role than FDI in driving the Indonesian economy. These findings have policy implications: the government needs to balance foreign investment promotion strategies with strengthening the domestic export structure and increasing national industrial capacity to ensure a more productive impact of FDI. Future research is recommended to expand the variables to include factors such as institutional quality, political stability, and the ease of doing business index to obtain a more comprehensive picture.
Penerapan Hukuman Mati Dalam Kasus Narkotika di Indonesia Hardian Estu Prabowo; Ernu Widodo; Vieta Cornelli; Hartoyo .
JOURNAL OF SHARIA ECONOMICS Vol. 4 No. 1 (2022): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v4i1.1186

Abstract

The circulation and abuse of narcotics in Indonesia has reached avery alarming stage and has had a far-reaching impact on socialorder, public health, and the future of the nation's future generations.The government has responded to this phenomenon by imposingstrict sanctions, including the death penalty, against perpetrators ofnarcotics crimes as a form of repression and deterrent. This studyaims to examine the legal regulations regarding the death penalty fornarcotics crimes in Indonesia and assess the effectiveness of itsimplementation in eradicating narcotics crimes. The research methodused is normative juridical with a legislative approach and casestudies. The results show that the legal basis for the death penalty innarcotics cases is stipulated in Law Number 35 of 2009 and theCriminal Code, and is reinforced by the decisions of the ConstitutionalCourt. However, its implementation continues to reap pros and consfrom a human rights perspective. The effectiveness of the deathpenalty in eradicating narcotics trafficking is considered suboptimaldue to the high number of violations, weak law enforcement, andpotential procedural violations. Therefore, an evaluation of the deathpenalty policy is necessary to ensure it aligns with the principles ofjustice, human rights protection, and the objectives of criminal lawitself.
Pertanggung Jawaban Hukum Terhadap Pelaku Tindak Pidana Judi Online Di Indonesia Sugeng Riyanto; Nur Handayani; Moh Taufik; Rendra Aranggraeni
JOURNAL OF SHARIA ECONOMICS Vol. 4 No. 1 (2022): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v4i1.1187

Abstract

This study examines the legal liability of perpetrators of onlinegambling crimes in Indonesia, in line with the rapid development ofinformation technology that has given rise to new forms of crime,including gambling via the internet. Online gambling has become a worrying phenomenon because it is easily accessible, addictive, and has a negative impact on the morals and social life of society. Thisstudy aims to identify the legal elements in online gambling crimesand analyze how law enforcement is carried out against perpetratorsof these crimes in Indonesia. This study uses a normative juridicalmethod with a statutory approach and case studies. The results of thestudy indicate that criminal liability for perpetrators of online gamblingcan be imposed based on Article 303 of the Criminal Code and Article27 paragraph (2) in conjunction with Article 45 paragraph (2) of theITE Law. However, there are still obstacles in the implementation ofthe law, especially related to effective supervision and action by lawenforcement officials. This study recommends strengtheningregulations and increasing the capacity of law enforcement officials indealing with cybercrime, including online gambling. It is hoped thatthe results of this study can contribute to the development of criminallaw, especially in the aspect of combating information technologybasedcrimes.
Pertanggung Jawaban Hukum Terhadap Pelaku Tindak Pidana Judi Online Muhammad Yusuf; Wahyu Prawesthi; Sri Sukmana Dmayanti; Dedi Wardana Nasution
JOURNAL OF SHARIA ECONOMICS Vol. 4 No. 1 (2022): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v4i1.1188

Abstract

The development of information technology has driven thetransformation of conventional gambling into a more complex digitalform, namely online gambling. This practice has become a seriousproblem in Indonesia because it not only harms individualseconomically and psychologically but also threatens social and legalstability. This study aims to analyze the legal regulations applicableto online gambling crimes and examine the mechanisms for lawenforcement in Indonesia. The method used is normative juridicalwith a statutory approach and case studies. The results show thatdespite the existence of several regulations such as the CriminalCode, Law No. 7 of 1974, and the Electronic Information andTransactions Law No. 11 of 2008 in conjunction with No. 19 of 2016,the implementation of law enforcement against online gamblingperpetrators still faces various obstacles, such as limited jurisdiction,technological constraints, and low public legal awareness. Therefore,regulatory reform, increased capacity of law enforcement officers,and cross-sector collaboration are needed to strengthen legalaccountability and the effectiveness of online gambling eradication inIndonesia.
Restorative Justice Sebagai Penyelesaian Tindak Pidana Malpraktek Dokter Pada Polda Jawa Timur Sulianto Sulianto; Wahyu Prawesthi; Moh. Taufik; Syahrul Borman
JOURNAL OF SHARIA ECONOMICS Vol. 4 No. 1 (2022): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v4i1.1203

Abstract

Health is one of the basic human rights guaranteed by the state as regulated in Article 28H paragraph (1) of the 1945 Constitution of the Republic of Indonesia, in carrying out their duties, medical personnel, especially doctors, have a vital role in providing quality health services to the community. However, in practice, it is not uncommon for medical errors to occur which lead to allegations of malpractice crimes, for this reason a study was conducted on the Regulation of Restorative Justice as an Alternative to Settling Criminal Acts of Doctors' Malpractice and the justice and impact of Restorative Justice on the Medical profession, this study uses the Normative Juridical research method with three approaches, the Statute Approach, the Conceptual Approach, and the Case Approach, namely the Medical Malpractice case that has been reported by the Victim with a Public Complaint Report handled by the East Java Regional Police, for the report the doctor as the accused party made peace efforts facilitated by the East Java Regional Police investigators, at the request of the Reported Party the investigator made efforts to examine the material and formal requirements to continue the Restorative Justice efforts
Upaya Dedolarisasi BRICS dan Implikasinya Terhadap Ekonomi Global dalam Pandangan Ekonomi Islam Meisa Putri; Nurida Isnaeni; Aditya Pratama
JOURNAL OF SHARIA ECONOMICS Vol. 4 No. 2 (2022): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v4i2.1215

Abstract

In the global financial system, the dominance of the United States Dollar (USD) has created a structural dependency on a single currency, prompting the BRICS countries (Brazil, Rusia, India, China, and South Africa) to initiate dedollarization efforts. This study aims to analyze the dedollarization strategies undertaken by BRICS and to examine their implications through the lens of Islamic economics. Using a qualitative descriptive method with a literature based approach, this research employs secondary data obtained from academic journal, BRICS reports, credible economic new sources, and official press releases. The data were analyzed using a structured meta-analysis approach to identify patterns, similarities, and the strategic relevance of BRICS dedollarization strategies implemented by BRICS: Local Currency Settlement (LCS), New Development Bank (NDB), Contingent Reserve Arrangement (CRA), Cross-Border Interbank Payment System (CIPS), and the Belt and Road Initiative (BRI). These strategies align with Islamic economic principles such as justice (al-‘adl), public interest (maslahah), coorperation (ta’awun), stability (istiqrar), and efficiency (itqam). From an Islamic economic prespective, dedollarization represents not merely an economic policy alternative but a transformative effort toward a more equitable, ethical, and sustainable global monetary system.
Maqasid Syariah Dalam Menjaga Keseimbangan Kepentingan Ekonomi Dan Sosial Pada Praktik Gadai Sawah: Maqasid Syariah Dalam Menjaga Keseimbangan Kepentingan Ekonomi Dan Sosial Pada Praktik Gadai Sawah TRI NADHIROTUR ROIFAH; Muhammad Lathoif Ghozali
JOURNAL OF SHARIA ECONOMICS Vol. 7 No. 2 (2025): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v7i2.1228

Abstract

Praktik gadai sawah masih menjadi mekanisme pembiayaan yang umum digunakan oleh petani di wilayah pedesaan ketika menghadapi kebutuhan dana yang mendesak. Meskipun berfungsi sebagai solusi likuiditas, praktik ini sering kali melahirkan relasi ekonomi yang timpang antara pemilik lahan dan pemberi modal, sehingga aspek kesejahteraan sosial petani cenderung terabaikan. Penelitian ini bertujuan untuk menganalisis bagaimana nilai-nilai Maqasid Syariah berperan dalam menjaga keseimbangan antara kepentingan ekonomi dan kepentingan sosial dalam praktik gadai sawah, sekaligus merumuskan model konseptual pembiayaan berbasis maqasid yang lebih berkeadilan. Penelitian ini menggunakan pendekatan kualitatif dengan desain deskriptif analitis melalui pengumpulan data primer berupa wawancara dan observasi lapangan, serta data sekunder dari literatur fikih muamalah dan kajian Maqasid Syariah. Analisis dilakukan dengan menempatkan perlindungan harta (ḥifẓ al-mal), keadilan (‘adl), dan kemaslahatan sebagai indikator utama evaluasi praktik. Hasil penelitian menunjukkan bahwa nilai-nilai Maqasid Syariah berfungsi sebagai kerangka normatif yang efektif dalam menyeimbangkan orientasi keuntungan dan tanggung jawab sosial, sepanjang terdapat transparansi akad, proporsionalitas pemanfaatan lahan, dan ketiadaan dominasi sepihak. Penelitian ini merumuskan model pembiayaan yang mengintegrasikan akad rahn dengan skema kemitraan produktif agar praktik gadai sawah tidak hanya sah secara fikih, tetapi juga adil dan maslahat secara sosial ekonomi.
Pengaruh Inflasi Terhadap Pembagian Dividen Pada BUMN : Studi Kasus Sektor Pertambangan Dodi Firman Syah; Haryadi .; Siti Hodijah; Nurhayani .
JOURNAL OF SHARIA ECONOMICS Vol. 7 No. 2 (2025): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v7i2.1229

Abstract

This study aims to analyze the influence of State Capital Participation (PMN) and inflation on dividend policy in mining companies during the 2020–2024 period. The analytical method used is a panel regression with a fixed effects approach on four state-owned enterprises (SOEs), resulting in a total of 20 observations. The estimation results show that the model is able to significantly explain variations in dividend changes, with an R-squared value of 0.9279, while the F-statistic is 36.037 with a significance level of 0.0000, indicating that the independent variables simultaneously influence dividends. Partially, PMN has a negative and significant effect on dividends, with a coefficient of –0.4381 and a probability value of 0.0000, indicating that an increase in PMN has the potential to reduce dividend payments. Meanwhile, the inflation variable shows a positive but insignificant effect on dividends, with a coefficient of 1.0471 and a probability value of 0.0908. These findings indicate that internal company factors related to PMN funding policies play a dominant role in determining dividend amounts, compared to external macroeconomic factors such as inflation. The resulting regression model is: DIVIDEND = 7.8311 – 0.4381PMN + 1.0472Inflation. The results of this study also imply that increasing PMN allocations must be balanced with operational and profitability strategies to avoid suppressing the company's ability to distribute dividends
Menakar Inklusivitas Pertumbuhan Ekonomi di Provinsi Jambi: Analisis Pro-Poor Growth 2023–2024 Angger Halim Ismail; Zulgani .; Cadra Mustika; Siti Hodijah; Nurhayani .
JOURNAL OF SHARIA ECONOMICS Vol. 7 No. 2 (2025): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v7i2.1230

Abstract

This study aims to analyze changes in real poverty in Jambi Province between 2023 and 2024 using the Datt–Ravallion (1992) decomposition approach and Shapley decomposition through the DASP analysis package. The analysis was conducted separately for urban and rural areas to capture spatial differences in poverty dynamics. The data used came from the National Socioeconomic Survey (SUSENAS) with adjustments for inflation and the real poverty line, thereby reflecting actual changes in welfare rather than nominal changes.The results of the study show that the real poverty rate in urban areas of Jambi decreased from 10.19 percent in 2023 to 8.16 percent in 2024, while in rural areas it fell from 6.28 percent to 4.88 percent in the same period. However, Shapley decomposition shows that in both areas, the decline in poverty was due more to the effects of redistribution than to the effects of growth. In urban areas, the growth component (0.0031) actually slightly increased real poverty, while redistribution (–0.0234) contributed significantly to its decline. In rural areas, growth had only a small impact (0.0005), while redistribution (-0.0145) was the main factor in the decline in poverty. This shows that economic growth in Jambi Province is not yet fully inclusive (non-pro-poor growth), as the benefits of growth are still concentrated among the middle and upper classes, while improving income distribution is the key to reducing poverty. This study confirms that the effectiveness of poverty alleviation is determined not only by the rate of economic growth, but also by the quality and distribution of its results. The decomposition-based approach allows for more precise identification of the sources of poverty change and provides an empirical basis for the formulation of more inclusive and contextual development policies at the regional level.
Keterkaitan Jangka Panjang dan Jangka Pendek Antara Pertumbuhan Ekonomi dan Tingkat Pengangguran di Provinsi Jambi Fauzan Aldilah Putra; Yulmardi .; Zulfanetti .; Siti Hodijah; Nurhayani .
JOURNAL OF SHARIA ECONOMICS Vol. 7 No. 2 (2025): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v7i2.1235

Abstract

The study aims to analyze the phenomena between economic growth and the unemployment rate in Jambi Province. both in the short run and the long run. To examine the relationship between economic growth and unemployment in Jambi Province, this research utilizes secondary time-series data covering the period 2004–2024, research data originating from the. Badan Pusat Statistik and Direktoran Jenderal Perimbangan Keuangan. The study employs the Error Correction Model (ECM) approach to identify the dynamic relationship between these variables. Based on the results, in the short run, changes in economic growth have a positive coefficient, suggesting that annual fluctuations in economic growth have not yet had a significant effect on changes in the unemployment rate in Jambi Province. In the long run, however, changes in economic growth show a negative relationship, indicating the presence of a correction mechanism toward long-term equilibrium. This means that short-term disequilibrium in the unemployment rate will be adjusted within one period to restore long-term balance

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