cover
Contact Name
Sheema Haseena Armina
Contact Email
sheemahaseenaarmina@unida.gontor.ac.id
Phone
-
Journal Mail Official
iej@unida.gontor.ac.id
Editorial Address
Department of Islamic Economics Jl. Raya Siman, Demangan - Siman - Ponorogo - Jawa Timur, 63471 Telp/HP. +62 812 35797925 Email: iej@unida.gontor.ac.id URL: https://ejournal.unida.gontor.ac.id/index.php/JEI
Location
Kab. ponorogo,
Jawa timur
INDONESIA
Islamic Ecomonics Journal
ISSN : 24601896     EISSN : 25415573     DOI : -
Islamic Economics Journal (IEJ) is a national peer-reviewed and open access journal that publishes research papers encompasses all aspects of contemporary Islamic economics issues. This journal emphasizes specifications in the discourse of Islamic Public Economics, Islamic Monetery Economics, Islamic Business Economics, Islamic International Economics and Islamic Development Economics. This journal openly accepts the contributions of experts from related disciplines. All published articles do not necessarily represent the views of journals, or other institutions that have links to journal publications. This journal is intended to communicate the original researches and current issues on the subject. This journal warmly welcomes any contributions from scholars of the related issues.
Articles 305 Documents
Analisis Indikator Kinerja Zakat Community Development Dalam Rangka Pemberdayaan Mustahik Produktif Azizah Mursyidah
Islamic Economics Journal Vol 5, No 1 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (494.119 KB) | DOI: 10.21111/iej.v5i1.3670

Abstract

This paper is a theoretical article that One of the zakah utilization problems is the short term need of mustahik. Zakah Community Development is one the productive program in BAZNAS aims to empower the poor in aspect education, health, economic and religion aspect. The problem of community program is how to measure the result of the performance of the program as well as outcome and also the impact of the implementation of the program. This study aims to measure the performance indicators of zakah community development to empower mustahiq’s in Indonesia, using ANP (Analytic Network Process). ANP is a qualitative and quantitative research methodology to empasize data collection on the view experts and practitioners, ANP is an easier methodology applied to qualitative study that diverse as decision making, forecasting, evaluation, mapping strategies, resource allocation, and others. Based on the result of zakah performance indicator of community development there are five indicators: (1) Institutional Indicator, (2) Strengthening community capacity Indicator, (3) Development community businesses Indicator, (4) Development of work Indicator, (5) assessment religion Indicator.The most important of ZCD’s Performance Indicators is the partnership development with 9.1% and 48.4 percent of the coefficients Kendalls of expert and practitioner. Meanwhile, improving ZCD’s performance indicator to empower mustahik in Indonesia is a must, this result can be able to be used as the consideration to increase the partnership value. The strategies to ZCD Performance Indicator are:(1) Cooperation multi-stakeholders zakah community development and programs, (2) innovation of ZCD’s program, (3) efficiency ZCD phases of the program.
The Concept of Welfare From Siyasah Syar’iyyah Perspective and Its Implementation on Zakat Management in Indonesia Satria Hibatal Azizy
Islamic Economics Journal Vol 5, No 1 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (524.508 KB) | DOI: 10.21111/iej.v5i1.3666

Abstract

The discourse on welfare is one discussion in economics that has been a concern for all countries in the world. By raising the issue of welfare, a government can legitimize its power. It is considered like ‘giving bread’ to the community, so that they are silent and obey to the government. In addition to that pragmatic purposes, the welfare issues also represent a moral dimension that the government pay attention to his people. In this regard, the United Nations with his UNDP formulating public welfare measure, which is called Human Development Index. Among the indicators of welfare according to this index are per capita income, long life span and level of education achieved. But behind it all, the understanding of welfare that is often understood in western economy have flaws. The welfare that is often used as a benchmark is the welfare with elements of materialism and hedonism without even the slightest attention to the religious element. It is shown from the majority-or even all-indicators of welfare that did not include religious aspects, and only made the mundane aspects as its main benchmark. This weakness shown by the phenomenon of the comforts of life in the world. Norway, a country that according to the HDI index is the most prosperous country, has a quite high suicide rate, at 28 people per 100,000 inhabitants. When compared with Egypt which ranks only 112th in the HDI, the rate of suicide is only 0.1 for each 100,000 inhabitants. This study aims to examine the concept of the budget in the perspective of siyāsah syari’iyyah and its implementation in the management of zakat in Indonesia. This paper concludes that maṣ laḥ ah is a concept in siyāsah syar’iyyah which is most appropriate in describing welfare. In the context of siyāsah syar’iyyah, zakat management in Indonesia has been regulated by the government through the Act. No. 23 of 2011, government rules. No. 14 of 2014 and derivative regulations of both. To improve the level of welfare or maṣ laḥ ah, the government also uses the CIBEST method which is integrated in the National Zakat Index, which also measures spiritual aspects in human life.
Signifikansi Penerapan Literasi Ekonomi Islam di Perguruan Tinggi: Kajian Teoritis Ahmad Lukman Nugraha; Arie Rachmat Sunjoto; Adib Susilo
Islamic Economics Journal Vol 5, No 1 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (451.756 KB) | DOI: 10.21111/iej.v5i1.3680

Abstract

Literacy at higher education institutions in Indonesia is at a low level where BPS 2018 data states that of the total Indonesian population aged 15 years and over who participated in higher education at 18.59% of the pure enrollment rate at the level of education in Indonesia. That means that Indonesians who continue their education to a higher level are lower than those who go straight to work after graduating from high school. The low level of literacy in general, is in line with the low economic literacy and Islamic economics, especially at Islamic higher education institutions. This is proven by the low knowledge of students about financial literacy that has an impact on individual financial management. Based on the background of the problem, the significance of Islamic economic literacy at universities in Indonesia needs to be studied and researched both theoretically and practically. Therefore, the purpose of this study is to describe the significance of literacy in higher education institutions in Indonesia. The method used in this research is descriptive qualitative with a literature approach used to study theories related to literacy so that it can emerge as to the significance of Islamic economic literacy in universities. The results of this study found that economic literacy is absolute necessity so students can compete globally and even become world-class inventors. But economic literacy alone is not enough, there needs to be values that keep economic activity on track in accordance with religious norms. Therefore, the literacy of Islamic economics in all aspects is an urgency that needs to be considered by individuals and educational institutions to be able to encourage people to help each other in economic independence with students as literacy agents.
Analisis Uang Wariq Dalam Sosiologi Ilmu Pengetahuan Muhammad Alfan Rumasukun
Islamic Economics Journal Vol 5, No 1 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (448.736 KB) | DOI: 10.21111/iej.v5i1.3667

Abstract

The current facts have shown that the sharia economic growth trend in Indonesia continues to increase, both on a macro and micro scale. That can happen through massive programs of education and sharia economic exhibitions in the midst of the academic community and the general public, as well as increasingly raising awareness of Muslims about the application of sharia in the economic field. The progress of Islamic finance seems to be inseparable from the use of exchange instruments, namely money made from gold and silver or commonly referred to as Dinar and Dirham money. It is in this context that some sharia economists have revived the use of dinars and dirhams as an alternative solution to the problem of modern banknotes. On the same occasion, in some literature, classical fiqh was allegedly a history of wariq money that had existed in Islam even long before the presence of Islam was seen by the Prophet. Wariq money was explicitly approved in the story of the faithful youth of the cave dwellers which were published in the Qur’an Surat al-Kahf verse 19. This study aims to: (1) get a complete picture of the concept of wariq money, and (2) to reveal the relevance of wariq money to sharia economics.The type of research used in this study is literature research with historical studies and reading texts from various classical and contemporary fiqh. In this context, the reference sources offered are a number of fiqh books from among the four fiqh schools which have been selected from the library collection of the Universitas Darussalam Gontor Primary School. To get complete data is done by the screening process and analysis of wariq terms from some of the fiqh books. Screening and analysis is done by collecting various primary references related to the discussion of the wariq, so as to enable a complete description of the term money wariq. This data is then processed and analyzed with the sociological theory of science to be approved by the validity of the overall money concept. The conclusions obtained from this study, wariq money is money made from silver in the form of sheets of paper that have been around since the time of kahfi ashabul. Second, wariq money is very relevant to be used as an alternative solution for the consideration of finance and state finances.
Analysis of The Effect of Amount of Money Supply (JUB), Exchange Rate, Profit Sharing And Interest Rate on The Inflation 2011-2017: Islamic and Conventional M1 Comparative Study Imam Haryadi; Wahid Ilhami
Islamic Economics Journal Vol 5, No 1 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (735.96 KB) | DOI: 10.21111/iej.v5i1.3668

Abstract

Inflation is one of the effects of a prolonged economic crisis that hit any country. Inflation is a situation where there is an increase in general prices which continues over the long term. The objective of this research is to analyze the effect of the Amount of Money Supply and Exchange Rate, Interest Rate, Return Sharia against Inflation Rate in Indonesia. The type of this research is a quantitative study, research to explain the influence of independent variables to dependent variables. Dependent Variable used is Inflation Rate (percentages), Independent Variables are Money Supply, Exchange Rate (Indonesian Rupiah to US Dollar), Interest Rate, Return Sharia. The models will be calculated with VECM (Vector Error Correction Model) as it easy to calculate and interpret. In this case a correlation between dependent variables and independent variables. To determine the inflation rate effect from 2011-2017.The result of this research determines that in long term Independent variables has significant influence to Dependent variable (Inflation). Even in Islam and Conventional side. One of variable such as M1 in Islam has result 5.34041, its indicating that the result has significant value again inflation in the long term. While in Conventional side M1 value is 4.70475, that’s mean the result has significant too against inflation, cause the value both of them bigger than T Table. Another variable such as the exchange rate for the long term has negative influence to the inflation around -18.28331 which means exchange rate has significant influence to the inflation. Both of the last variables are interest and return sharia’ has significant too again inflation, the value around 0.443061 for interest rate, and 2.389915 for return sharia. It means both of these variables has significant values again inflation, cause of T Statistic bigger than T Table.
Pengaruh Faktor Makroekonomi Terhadap Resiko Pembiayaan Bank Syariah: Studi Pada Bank Umum Syariah di Indonesia Tahun 2015-2018 Rizki Fitriansyah
Islamic Economics Journal Vol 5, No 2 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (435.411 KB) | DOI: 10.21111/iej.v5i2.3810

Abstract

Sharia banks are one of the financial institutions that are currently still developing in Indonesia. Like other financial institutions, Sharia banks also have a risk faced, namely the risk of financing. The risk of financing in Sharia banks is commonly known as the risk of financing problems. The level of problem financing in Islamic banks is one indicator of the level of the soundness of banks. The size of the problematic financing level is partly due to bad financing due to the sluggishness of the real sector in response to macroeconomic conditions. Financial system instability (financial crisis) in addition to influencing banking liquidity also encouraged an increase in problem financing. From a macroeconomic perspective, Indonesia’s current economic conditions of public concern include the exchange rate and the inflation rate.This research was conducted to determine the effect of macroeconomic factors, exchange, and comparison, on interest rates, Sharia Commercial Banks in Indonesia. The data used in this study are secondary data obtained from Sharia Banking Statistics issued by the Financial Services Authority (OJK) and data from Bank Indonesia (BI). Analysis of the technique in this study uses multiple linear regression analysis techniques. The results showed that the rupiah exchange rate and the exchange rate were significant for troubled funds at Sharia Commercial Banks. Meanwhile, the exchange rate is significant towards problem financing at Sharia Commercial Banks, while the exchange rate is significant against problem financing at Sharia Commercial Banks.
Profit Equalization Reserve and Investment Risk Reserve: Issues and its Application Muchammad Taufiq Affandi
Islamic Economics Journal Vol 5, No 2 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (884.323 KB) | DOI: 10.21111/iej.v5i2.4005

Abstract

The Islamic Financial Institution (IFI) is a unique financial institution which has special characteristics, maqāsid, worldview, risk, and opportunity. One of the methods used to mitigate the unique risk of Islamic banks is the Profit Equalization Reserve (PER) and Investment Risk Reserve (IRR). However, there are some issues related to PER and IRR. Some issues have been identified in the Islamic Financial Services Board (IFSB) guidance note, including profit smoothing and other issues yet to be discussed. This paper tries to observe issues related to PER and IRR and their application in some Islamic banks using content analysis method on their annual reports and/or financial statements. The paper concludes that PER and IRR will bring bigger issues and risks to Islamic banks. This leads the writer to suggest that the regulator reconsider its permissibility. In addition, the paper also finds that the concept of PER and IRR has low acceptance among Islamic banks.
بيع السّلم وتطبيقاته المعاصرة في المصارف الإسلامية في إندونيسيا AA Hubur
Islamic Economics Journal Vol 5, No 2 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (469.352 KB) | DOI: 10.21111/iej.v5i2.3917

Abstract

This research aims to determine the importance of the applications of salam contract on Islamic banking in Indonesia, it focuses on discussing the legality and validity aspects related to salam contract in sharia view. The research also determines in terms of how the contemporary application of salam contract on Islamic banking and the areas of its applications in Indonesia. The research uses descriptive and analytical methods by viewing library resources and personal interviews with experts and employees on Islamic banking in Indonesia. The results of the research concluded that salam contract is in accordance with the demands of financing and is needed to become one of the sharia-based financing products. It concludes that this contract still requires a lot of theoretical and applied studies and research to highlight its financial characteristics and capabilities in economic reality.
Pesantren Value Added Sebagai Modal Pemberdayaan Ekonomi Masyarakat Kecamatan Cibadak Lebak Banten Muhammad Anwar Fathoni; Ade Nur Rohim
Islamic Economics Journal Vol 5, No 2 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (507.2 KB) | DOI: 10.21111/iej.v5i2.4002

Abstract

This study aims to describe and analyze community economic empowerment models through added value owned by pesantren (pesantren value-added). So that it can measure the extent to which pesantren resources are able to empower the economy of the surrounding community. This research is conducted at the modern boarding school Manahijussadat in Lebak Regency, Banten. This research was conducted by identifying and analyzing community economic empowerment models conducted by pesantren. This research is a descriptive study that uses a qualitative approach. The object of this research is modern boarding school Manahijussadat in Pasar Keong Village, Cibadak Lebak District, Banten. The purposive sampling technique is used in this project with both primary data and secondary data. Primary data is collected through interviews with several parties at the pesantren, while secondary data was obtained from several literatures such as books, journals, and other written data. Data collection techniques used are interviews with several parties, from both top leader and management level at the pesantren as well as representatives from surrounding community. In addition, observations were also made by direct observation in the field. While the data analysis technique used in this study is qualitative analysis. Based on the research results obtained, it is known that community economic empowerment through pesantren can be built with a partnership model between pesantren, community, government and the private sector. Because pesantren is the closest Islamic educational institution to the community and has potential resources to be the pioneers of the economic empowerment of the people. The partnership can be carried out in several aspects such as employment, business opportunities, and the establishment of business entities or financial institutions. The partnership that exists between these four elements can make people more economically empowered and improve their welfare in a sustainable manner.
Analisis Pengaruh Pelayanan Pada Lembaga Keuangan Syari’ah Terhadap Kepuasan dan Loyalitas Nasabah di Bank Muamalat Indonesia Kantor Cabang Yogyakarta Annas Syams Rizal Fahmi
Islamic Economics Journal Vol 5, No 2 (2019)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (548.53 KB) | DOI: 10.21111/iej.v5i2.4003

Abstract

Customer loyalty is a very important factor in the world of financial institutions because loyalty is largely determined by customer satisfaction itself, so customer satisfaction greatly affects customer loyalty. In this case, the researcher will examine the Financial Institution in terms of services provided to customers, whether the service has an influence on customer satisfaction and loyalty to financial institutions. Researchers are interested in Bank Muamalat Indonesia as the originator of Islamic banks in Indonesia, which can keep the economic system in Indonesia stable during the monetary crisis. In this case, as a Sharia Bank, financial institution services provided should be the maximum service in accordance with Islamic values, this is one of the factors researchers to analyze, whether the services provided by banks can provide satisfaction to consumers, and whether bank customers muamalat Indonesia already feel satisfied or not.Then to make it easier to analyze the data, the researcher used the SPSS measuring instrument, using instruments from the Likert scale, validity test, reliability test, classic assumption test. In analyzing the data the authors use primary data and secondary data, namely by questionnaires, and interviews and company documents as secondary data. Then it will be tested using multiple linear regression testing so that it will come out the data t arithmetic, t table, f arithmetic, and f table.Based on the t test the Service variable influences Customer Satisfaction at Bank Muamalat Indonesia Yogyakarta Branch Office, which can be shown by t count greater than table (1,981> 1,290). And based on the t test shows that t count is greater than t table (2.188> 1,290), meaning that the service variable has a significant positive effect on customer loyalty variables. From the results of research that has been measured with this SPSS tool, it is found that service has a significant effect on customer satisfaction and loyalty.

Page 10 of 31 | Total Record : 305