El Dinar
Adalah jurnal berkala peer-reviewed yang diterbitkan biannually atau setahun dua kali oleh Jurusan Perbankan Syariah, Universitas Islam Negeri Maulana Malik Ibrahim Malang. EL DINAR merupakan sarana komunikasi yang diperuntukkan bagi para peneliti, akademisi, maupun praktisi dalam bidang keuangan dan perbankan syariah. Demi mewujudkan kontribusi bagi pengembangan ilmu keuangan dan perbankan syariah, dewan redaksi mengundang para pemerhati untuk dapat berpartisipasi dalam menyumbangkan karya ilmiah berupa jurnal-jurnal penelitian
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154 Documents
<![CDATA[KONTRIBUSI MAJELIS ULAMA INDONESIA DALAM PROSES PEMBENTUKAN DAN IMPLEMENTASI UNDANG-UNDANG NOMOR 21 TAHUN 2008 TENTANG PERBANKAN SYARIAH ]]>
<![CDATA[Suhadak, Faridatus]]>;
<![CDATA[Priadi, Eko]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 1, No 02 (2013): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v1i02.2523
<![CDATA[In response to the rapid development of Islamic economic, especially in Islamic banking, hence made Act number 21 Year 2008 on Islamic Banking. Thus, the Act No. 21 year 2008 is a legal framework for the implementation of Islamic Banking in Indonesia. The enactment of Law No. 21 year 2008 is certainly can not be separated from the role of the Indonesian Ulama Council who have contributed substantially in supporting and patronizing Islamic Banking. This study is a normative research with qualitative approach that resulted the role of Indonesian Ulama Council in the formulation Act No. 21 year 2008. First, the involvement of National Shariah Council (DSN - MUI) in the assessment process, deepening and refinement of the substance of the formulation of Islamic Banking. Second, the recommendation and statement issued by the MUI related to the Act Number 21 Year 2008 on Islamic Banking. The MUI’s role in the implementation of Act No. 21 year 2008 on Islamic Banking consists of two functions, i.e. regulatory functions are realized in the form of DSN - MUI fatwas related to Islamic Banking and control functions are realized in the form of DSN - MUI authority to recommend DPS in Islamic banks, give warning to non-compliant Islamic banks and propose to the authority to take action if the warning is ignored. This study recommends the need for effective coordination between the DSN - MUI with other stakeholders regarding fatwas/regulations produced to be implemented well.  ]]>
<![CDATA[ANALISIS OPINI AUDIT GOING CONCERN: PREDIKSI KEBANGKRUTAN, LEVERAGE DAN PERTUMBUHAN PERUSAHAAN PADA PERUSAHAAN PERBANKAN DAN PEMBIAYAAN YANG GO PUBLIC DI BEI ]]>
<![CDATA[Nursasi, Enggar]]>;
<![CDATA[Maria, Evi]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 1, No 02 (2013): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v1i02.2524
<![CDATA[The purpose of this study to prove whether banks and finance companies that go public on the Stock Exchange for the period 2009–2011 with the reception an unqualified opinion with an explanatory paragraph going concern enterprise, influenced by the prediction of bankruptcy , the low value of the company‘s leverage ratio , which means assets owned more slightly compared with corporate debt and falling growth. The data used are secondary data from financial reports issued by independent auditors. In this study , there are two variables is the dependent variable in the form of going concern audit opinion and independent variables such as bankruptcy prediction , leverage and growth companies. Sample criteria are banking and finance company that is consistently in IDX listings from 2009 to 2011, which contained the independent auditor’s report on the financial statements of the company respectively . Data analysis was performed using a hypothesis test with Partial Least Square (PLS) by reason of the samples in this study was very small (N = 15) , the data are not normally distributed and independent variables (going concern opinion) has a nominal size scale. The analysis shows that significant bankruptcy prediction variables, the variable Leverage and Growth Company insignificant. With these results it can be said that the hypothesis is accepted ie Bankruptcy Prediction affect the provision of Going Concern Audit Opinion. Hypothesis 2 and 3 are not accepted, the Company’s Leverage and Growth does not affect the provision of Going Concern Audit Opinion .  ]]>
<![CDATA[CSR EFFECT ON MARKET AND FINANCIAL PERFORMANCE ]]>
<![CDATA[Dewi, Dian Masita]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 1, No 02 (2013): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v1i02.2525
<![CDATA[This study aims to predict causality model [33] effect of Corporate Social Responsibility on financial performance. This study also examines motivation of CSR implementation based on financial performance and market performance in non-financial public companies and banks that disclose CSR activities and listed at Indonesia Stock Exchange during 2007–2009. Numbers of samples were 46 companies. Data was analyzed by GSCA. Research result showed that there was a significant direct effect between CSR on Return on Assets (ROA), Return on Equity (ROE). In contrast, there was no significant direct effect between CSR on Market Value Added (MVA). In addition, there was a significant direct effect between Return on Assets (ROA) on CSR, Return on Equity (ROE) on CSR and there was no significant direct effect between Market Value Added (MVA) on CSR. There were three empirical findings novelties of this study. First, return on assets (ROA) has positive effect on CSR and otherwise CSR has positive effect on ROA. Second, ROE has positive effect on CSR and otherwise CSR has positive effect on ROE. Last, MVA affect on CSR and otherwise CSR affect on MVA.  ]]>
<![CDATA[DETERMINAN FEE AUDIT PADA KAP DI JAWA TIMUR ]]>
<![CDATA[Kholilah, Kholilah]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 1, No 02 (2013): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v1i02.2526
<![CDATA[This study sets out to examine factors influencing audit fees paid on public accountant firm (KAP) in East Java. Data were collected from 2012 company annual reports audited by KAP. An audit fee models using a sample of 84 audited financial reports by using multiple linear regression analysis. The findings show a direct relationship between audit fees and each of corporate size and audit location, an inverse relationship has been detected between audit fees and each of audit risk and seasonality, the findings also revealed that audit fees are not significantly influenced by KAP switching.]]>
<![CDATA[PERCEIVED RISK, INTENTION TO USE AND ACTUAL USE OF MOBILE BANKING IN MALAYSIA: AN EXTENDED DECOMPOSED THEORY OF PLANNED BEHAVIOR ]]>
<![CDATA[Mahad, Murat]]>;
<![CDATA[Mohtar, Shahimi]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 3, No 2 (2015): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v3i2.2934
<![CDATA[Mobile banking refers to the use of smart phones or other mobile devices to perform tasks  online banking  from  your  home  computer, such as monitoring the   account balances, transfer of funds between accounts, pay bills and prepaid top-up. Mobile banking is a new strategy for the bank to enhance their latest technology in a new dynamic marketing environment. The low penetration of mobile banking in Malaysia, especially in terms of adoption patterns is becoming the research interest, especially when compared to the total number of cellular telephone subscriptions. Even if mobile banking is relatively new in Malaysia, it is very important for the banks to mitigate this issue and thus can draw more users. The issue of risk in term of security, privacy, financial, Time and performance is the five important dimensions in risk factor that may affect the user’s intention to adopt the mobile banking services.]]>
<![CDATA[ANALISIS PERBEDAAN SAHAM SEBELUM DAN SESUDAH STOCK SPLIT TERHADAP RETURN SAHAM PADA PERUSAHAAN GO PUBLIK SEBAGAI INFORMASI KEPADA INVESTOR ]]>
<![CDATA[Alfiana, Alfiana]]>;
<![CDATA[El Isma, Yatima]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 3, No 2 (2015): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v3i2.2942
<![CDATA[Abstrak Motivasi utama investor menanamkan modalnya dalam suatu investasi adalah mendapatkan tingkat pengembalian (return) investasi yang optimal. Return merupakan tingkat keuntungan yang dinikmati investor atas suatu investasi yang dilakukanny. Return saham yang akan diterima oleh investor sangat dipengaruhi oleh jenis investasi yang dipilih.Untuk mengukur besarnya return yang akan diterima investor sehubungan dengan adanya peristiwa stock split diukur dengan adanya abnormal return yang diterima oleh investor. Abnormal return merupakan selisih antara return yang sebenarnya (Actual Return) dengan return yang diharapkan (Expected Return). Stock split merupakan suatu kebijakan dividen yang berupa pemecahan saham yang menyebabkan bertambahnya jumlah lembar saham yang beredar secara proporsional, yang sekaligus diikuti oleh penurunan dalam nilai nominal saham dalam proporsi yang sama. Dalam hal ini, stock split biasanya dilakukan pada saat harga saham suatu perusahaan dinilai sudah terlalu tinggi, yang menyebabkan berkurangnya kemampuan para investor (khususnya investor berkapitalisasi rendah) untuk turut membeli saham tersebut. Penelitian ini bertujuan untuk menganalisis apakah stock split berpengaruh terhadap return saham dan untuk menganalisis apakah terdapat perbedaan antara return saham sebelum stock split dan return saham sesudah stock split. Penelitian ini dilakukan pada 20 perusahaan yang terdaftar di BEI yang melakukan pemecahan saham pada tahun 2012 dan 2013. Penelitian ini menggunakan uji peringkat bertanda wilcoxon (Wilcoxon Signed Rank Test) dan uji beda dua rata-rata dengan periode pengamatan (event window) adalah 20 hari yaitu 10 hari sebelum stock split dan 10 hari sesudah stock split. Metode penentuan sampel menggunakan purposive sampling. Berdasarkan hasil statistik menggunakan uji beda Wilcozon Signed Rank Test pada kepercayaan 95% (α = 0,05) terdapat terdapat perbedaan rata-rata aktivitas volume perdagangan saham sebelum dan sesudah stock split,  diketahui bahwa dari hasil pengujian diperoleh nilai Z sebesar -2.016 dengan signifikansi sebesar 0,05 lebih kecil dari Z tabel yaitu 1,95. perbandingan abnormal return sebelum dan sesudah kejadian melalui Z-Test diketahui angka Z-hitung yang dihasilkan adalah –1,383 yang lebih kecil dibandingkan harga t Tabel -1,95, karena nilai Z-hitung lebih kecil daripada Z-tabel maka dapat disimpulkan bahwa tidak terdapat perbedaan antara rata-rata abnormal return sebelum dan sesudah stock split.]]>
<![CDATA[RENT SEEKING PADA TATA NIAGA KOMODITAS JAGUNG DI DESA PANDANSARI LOR KAB. MALANG ]]>
<![CDATA[Andriyani, Nina]]>;
<![CDATA[Ashar, Khusnul]]>;
<![CDATA[Manzilati, Asfi]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 3, No 2 (2015): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v3i2.2944
<![CDATA[Abstract This study aims 1) to determine the format of corn trade system, 2) to know the process of formation of rents on corn trading system and 3) to determine the implications of rents on the sustainability of corn farming in the village of Pandansari Lor. This study used a qualitative approach by applying research methods of phenomenology, which is the the study of the experience that comes out from awareness. The results of this study showed the corn trade system in the village of Pandansari Lor has long sequences. The corn yields of farmers had to be stored through collector that carried forward to wholesalers in the village for corn shaving. The step went to wholesalers outside the village to serve them into corn rice before reaching the final consument that is fodder company. Rent seeking also occured in those long sequences. Its either activities that occured due to manipulation of business or as utilization of the power structure. The iimplications of rent seeking likely harmed the corn farmers and multiply wealth of rent-seeking parties to the trade system.]]>
<![CDATA[PENGEMBANGAN LABORATORIUM MINI BANK FAKULTAS EKONOMI MENJADI INCOME-GENERATING UNIT ]]>
<![CDATA[Anas Budiharjo]]>;
<![CDATA[Segaf Segaf]]>;
<![CDATA[Syahirul Alim]]>
<![CDATA[ El Dinar Vol 3, No 2 (2015): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v3i2.2947
<![CDATA[AbstrakPerkembangan lembaga keuangan Syariah di Indonesia dalam beberapa tahun terakhir telah menunjukkan angka yang positif. Hingga bulan Oktober 2013, pertumbuhan industri keuangan Syariah di Indonesia telah mencapai 23% per tahun. Menggeliatnya lembaga keuangan Syariah yang menerapkan prinsip-prinsip Syariah ini tidak hanya di lingkup perbankan saja tetapi juga lembaga keuangan bukan bank (LKBB) seperti asuransi Syariah, sekuritas Syariah, pegadaian Syariah, lembaga keuangan mikro Syariah yang lebih dikenal dengan Baitul Maal wa Tamwil (BMT), dan sebagainya. Fenomena di atas yang memotivasi Universitas Islam Negeri Maulana Malik Ibrahim Malang (UIN Maliki) untuk menyelenggarakan pendidikan lengkap dengan sarana prasarana yang dibutuhkan oleh kalangan akademisi baik pengajar maupun peserta didik. Dalam hal ini, UIN Maliki Malang menyediakan laboratorium perbankan syariah untuk menunjang kegiatan belajar-mengajar Fakultas Ekonomi khususnya Jurusan Perbankan Syariah. Namun demikian peran mini bank ini dapat dikembangkan menjadi income-generating unit atau unit yang dapat menghasilkan laba sendiri dengan membuka pelayanan jasa finansial yang dikhususkan untuk mahasiswa, dosen, maupun karyawan. Oleh karena itu Laboratorium mini bank FE UIN Maliki Malang perlu memikirkan kegiatan-kegiatan yang bisa menghasilkan pemasukan dana ke Laboratorium mini bank FE UIN Maliki Malang atau income-generating activities. Sebagian akademisi menganggap kegiatan seperti ini tidak boleh dilakukan di laboratorium, karena semua laboratorium berbasis non-profit activities. Namun sebagian lagi berpendapat bahwa ada sebagian kegiatan Laboratorium mini bank yang bersifat spesifik yang boleh “dijual” ke pemakai Laboratorium mini bank. Mereka beralasan bahwa Laboratorium mini bank dapat digolongkan kepada non for profit organization, yang berarti bahwa Laboratorium mini bank adalah organisasi yang tidak bertujuan mencari keuntungan, namun bukan berarti tidak boleh mendapatkan keuntungan.]]>
<![CDATA[THE DETERMINANTS OF FIRM’S CAPITAL STRUCTURE: EVIDENCE OF SHARIAH AND NON-SHARIAH STOCK COMPANIES IN INDONESIA ]]>
<![CDATA[Nikmah, Choirul]]>;
<![CDATA[Suhadak, Suhadak]]>;
<![CDATA[Kertahadi, Kertahadi]]>;
<![CDATA[Yeh, Hsien- Hung]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 3, No 2 (2015): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v3i2.2948
<![CDATA[AbstractThis research investigates the determinants of capital structure for firms in Indonesia from the perspective of Shariah and non-Shariah stocks. The research was conducted using 222 non financial companies that listing in Indonesia Stock Exchange (IDX) during the period of 2007 to 2012. This study tested using multiple linier regressions with panel data.The results show that firm-specific factors such as profitability and tangibility have significant negative influence on capital structure. There is no direct industry effect on capital structure but the interaction between industry type and Shariah and non-Shariah stocks do affect the determination of capital structure. In addition, the interaction between firm-specific factors and Shariah and non-Shariah stocks affects capital structure of firms in Indonesia.]]>
<![CDATA[ENHANCING ISLAMIC BUSINESS ETHIC OF INSURANCE UNDERSTANDING TOWARDSHIGH QUALITY FINANCIAL ADVICE AMONGSTTAKAFUL AGENTS ]]>
<![CDATA[Azmin, Adi Anuar]]>;
<![CDATA[Bakar, Azizi Abu]]>;
<![CDATA[Ghani, Abdullah Hj. Abd]]>;
<![CDATA[Kadir, Hanita]]>
<![CDATA[ El Dinar: Jurnal Keuangan dan Perbankan Syariah Vol 3, No 2 (2015): El Dinar ]]>
Publisher : <![CDATA[Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang ]]>
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DOI: 10.18860/ed.v3i2.2958
<![CDATA[In modern business, one way to reduce risk of damage caused by accidents, illness, ordeath is through insurance. This concept does not necessarily contradict with Islamic principle as it also highlights the importance of high moral standing and high ethics level practiced by individuals. In particular, for insurance agents who have better positions in havingpersonal contacts with consumers, Cooper and Frank (1990) argue that the key ethical problem for agents was due to lack of knowledge or skills to competently perform one's duties as well as conflicts of interests between their duties andopportunities for personal financial gain. A Malaysianstudy by Mohamad and Mohd (2009) revealed that Takaful agents are the major source of information to create awareness. However, the basic concept of Takafulis still very ambiguous among Takaful agents, thus, it would influence the quality of advice delivered to customers.The role of Takaful agents is undeniable especially during the recent enforcement of Islamic Financial Services Act (IFSA 2013), introduced by Malaysian government. The enforcement whichrequires Islamic financial institutions to fully comply toShariaprinciples would mostly affectthe Takaful and conventional market.One of the Shariaprinciples is transparency. The new legislations thus enhance the level of confidence among stakeholders. The concept paper attempts to embark the role of Islamic business practice indetermining financial advice among Takaful agents. If they fully appreciate the Takafulconcept, the financial advice to customers could be improved which will gradually boost the Malaysian Takaful industry in the long run.]]>
