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
Relevansi Konsep Hutan Wakaf Dengan Konsep Wakaf Di Dalam Islam Devid Frastiawan Amir Sup
Islamic Economics Journal Vol 7, No 1 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (454.587 KB) | DOI: 10.21111/iej.v7i1.6430

Abstract

This study aims to find the relevance of the concept of waqf forest with the concept of waqf in Islam. The method used is qualitative-literature-descriptive. The conclusion obtained, waqf is holding ownership of one's property so that the benefits can be distributed for the benefit of the people, both in terms of social, economic, scientific, and so on including the environment. Waqf forest is a form of productive waqf in rebuilding a land to be used as a forest. The benefits of waqf forests can be used for social benefits, namely as a source of oxygen, springs, and life for many creatures. In the economic field, waqf forests can produce economic goods, waqf forests can also be used by local residents (provided they are not allowed to damage the forest), and there are many other benefits of waqf forests. Based on the meaning, pillars, conditions, and objectives of waqf, the waqf forest has relevance to the concept of waqf in Islam. In addition, waqf forests are also in accordance with the provisions in waqf regulations in Indonesia as stated by BWI.
Testing The Validity of Risk Management in Islamic Finance: The Hadith Point of View Abdul Qoyum
Islamic Economics Journal Vol 7, No 1 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (903.774 KB) | DOI: 10.21111/iej.v7i1.4788

Abstract

Risk management in Islamic finance can be seen as an important aspect for business operation. The nature of Islamic finance which is quite different compared to conventional counterparts since the existance of shariah principle affect the risk management is more crucial in Islamic finance. Nevertheless, the practice of risk management in Islamic finance must be in line with shariah. Hence, this paper aims to analyze the validity of risk management from the Hadist point of view. By conducting qualitative research through detecting the quality of Hadist, the study revealed that Risk management practice is in line with shariah principle. It is based on the Hadits narrated by Ibnu Hibban that from the text, including in the matan and sanad can be classified as hadits ‘shohih”. In addition, the practice of Risk management is comply to the fulfilment of maqosid syariah.
Intervensi Harga Produk Sekunder Pada Masa Pandemi Covid-19 Perspektif Islam Nafilatur Rohmah; Meichio Lesmana; Ahmad Suminto
Islamic Economics Journal Vol 7, No 1 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (727.646 KB) | DOI: 10.21111/iej.v7i1.6397

Abstract

Islam applies freedom in the market mechanism on condition that it does not conflict with the values and principles of sharia. In the condition of the Covid-19 pandemic facing the world, especially Indonesia, the government must intervene in prices for internet data product prices because the PSBB policy implemented by the government to break the chain of spread of Covid-19 has a significant impact on public opinion, especially for the lower middle class. In addition, this policy will make the demand for internet data quite high while government subsidies cannot accommodate the community's need for internet data. The purpose of this study was to determine the Intervention of Secondary Product Prices during the Covid-19 Pandemic Period from an Islamic Perspective. The research used in this research is library research. The high market demand for the internet and the decline in people's incomes make the price of internet data difficult to reach by all levels of society, this requires the role of the government. the government can make decisions or regulations regarding the maximum limit for internet data prices during this pandemic period so that the selling price can be reached by all circles of society and still provide profits or profits for the seller or producer.
Taqsith Contract: Application And Recognition Of Sales Revenue In Sharia Financial Accounting Reports Atika Zahra Maulida; Agus Purnomo
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (710.732 KB) | DOI: 10.21111/iej.v7i2.7072

Abstract

This research is motivated by the existence of financial accounting reports on the recognition of aqad taqsith sales revenue at the Arrahmah Sharia Consumer Cooperative in 2021. This research is a descriptive qualitative study. This type of research (field research). The method used is interviews and accounting documentation in 2021. The subject of this research is the Islamic Consumer Cooperative Arrahmah Banjarmasin Branch. The object of this research is the application of financial accounting reports on the recognition of revenue from the sale of the Taqisth contract (a case study on the Arrahmah Sharia Consumer Cooperative). From the results of this study, the financial accounting reports on the Sarahah sharia consumer cooperative when the installments have not been received by the Sharia cooperative in the recording enter into tough income, but when the installments have been paid the members enter the financial statements as Taqsith income in cash. For its implementation, the Arrahmah Sharia Cooperative uses the Taqsith contract. The Hadith contract itself is in installments or what is nowadays better known as credit
Pengaruh Media Sosial, Literasi Keuangan, Risiko, Imbal Hasil, dan Religiusitas Terhadap Minat Berinvestasi Sukuk Generasi Z di Jakarta Aliyah Zahrah Fadhilah Ladamay; Trisiladi Supriyanto; Siwi Nugraheni
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (913.026 KB) | DOI: 10.21111/iej.v7i2.6552

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh media sosial, literasi keuangan, risiko, imbal hasil, dan religiusitas terhadap minat berinvestasi sukuk generasi Z di Jakarta. Deskriptif kuantitatif merupakan pendekatan yang digunakan dalam penelitian ini, dengan populasi yang digunakan adalah generasi Z di Jakarta yang berumur 17-26 tahun menggunakan teknik sampling non-probability sampling dengan jenis purposive sampling. Teknik pengumpulan data menggunakan kuesioner dengan skala likert empat poin. Teknik analisis yang digunakan adalah analisis regresi linier berganda. Hasil dari penelitian ini adalah media sosial, risiko, dan religiusitas berpengaruh signifikan secara parsial, sedangkan literasi keuangan dan imbal hasil tidak berpengaruh signifikan secara parsial terhadap minat berinvestasi sukuk generasi Z di Jakarta, dan secara simultan seluruh variabel memiliki pengaruh yang signifikan. Berdasarkan hasil tersebut, diaharapkan regulator dapat memanfaatkan faktor-faktor yang memiliki pengaruh terhadap minat berinvestasi sukuk generasi Z di Jakarta.  
The Margin of Islamic Microfinance Institution: To What Extent Does Capital Structure Matter Diyah Ariyani
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (792.487 KB) | DOI: 10.21111/iej.v7i2.6891

Abstract

The aim of this research is to analyze role of Islamic Microfinance Institution for empowering and developing micro industry. The measurement of the performance institution to stimulate economic growth is NPLSM (Net Profit Los Sharing Margin). This study analyze how is capital structure affect NPLSM (Net Profit Los Sharing Margin) in Indonesia by using multiple linear regression and data panel to see the great NPLSM which is influenced by capital structure. To see how is capital structure influence of margin, using data on period 2010-2016. It is, where the capital structure as the independent variable and the margin as the dependent variable. The result is the capital structure has no effect on the margin.
Scope of CSR in Islamic Economics and Finance Abdalrahman Mohamad Migdad
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (770.686 KB) | DOI: 10.21111/iej.v7i2.7035

Abstract

The purpose of this paper is to explain the scope of Corporate Social Responsibility (CSR) and the Islamic understanding of what responsibility means. The paper aims to reflect on the originality of the idea in the Islamic economic tradition and analyze CSR factors special to Islamic economic institutions. An extensive analysis of existing literature is undertaken to present findings that support the idea of CSR being original in Islamic economics. Within this wide scholarly debate and research on CSR, the views of essential scholars are presented. Finally, an analysis of different drivers for a corporation's engagement in CSR is presented alongside some drivers unique to Islamic financial institutions. Findings: CSR as a research idea is an ongoing debate, especially concerning the definition and operation margins. However, this is a healthy sign showcasing flexibility facing changing community and social needs and the corporation's capabilities and interests. Furthermore, indirect CSR, such as fighting corruption and sensitivity to sharia-compliant operations, needs to be addressed more in light of CSR. The paper finds that the lack of anti-corruption measures and sharia compliance is socially irresponsible and may cost more than corporations might spend directly under CSR. The value of this research is that it shows a need for more CSR engagement from corporations as well as better understanding from the engaged public on the goals and limits of different corporations; one that stands out is Islamic banks and what people expect.   
Analisis Perbedaan Return Saham Sebelum dan Sesudah Hari Libur Idul Fitri Lutfiah Lutfiah; Nurul Jannah
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (515.575 KB) | DOI: 10.21111/iej.v7i2.7061

Abstract

Terdapat perbedaan hasil penelitian yang dilakukan oleh peneliti terdahulu diperiode penelitian yang sama maupun periode yang berbeda. Menurut Sukor, libur Idul Fitri mempengaruhi return saham yang dikarenakan masyarakat lebih membelanjakan uangnya untuk penyambutan libur idul fitri, akan tetapi menurut data yang diperoleh dan hasil penelitian terdahulu hal tersebut bertolak belakang dengan pendapat Sukor. Penelitian ini bertujuan untuk menganalisis perbedaan return saham sebelum dan sesudah hari libur Idul Fitri pada Indeks Harga Saham Gabungan (IHSG) di Bursa Efek Indonesia. Dalam penelitian ini adalah metode event study. Penelitian ini dilakukan pada tahun 2017-2021 dengan periode pengamatan 30 hari, yang terdiri dari 15 hari sebelum hari libur Idul Fitri dan 15 hari sesudah hari libur Idul Fitri. Jenis data yang digunakan dalam penelitian ini adalah data kuantitatif dengan sumber data sekunder yang diperoleh dari www.idx.co.id dan www.financeyahoo.com. Alat analisis data yang digunakan dalam penelitian ini yaitu, uji normalitas dan uji paired sample t-test. Hasil penelitian menggunakan uji normalitas menunjukkan bahwa data yang diperoleh dari periode 2017-2021 berdistribusi normal. Hasil penelitian menggunakan uji paired sample t-test juga menunjukkan bahwa nilai t pada periode 2017 sebesar 0,588, periode 2018 sebesar -0,592, periode 2019 sebesar 1,024, periode 2020 sebesar -1,59, periode 2021 sebesar 0,779 dan periode 2017-2021 sebesar 0,025. Hasil ini menunjukkan bahwa tidak terdapat perbedaan return saham sebelum dan sesudah hari libur Idul Fitri periode 2018, 2020 dan periode 2017- 2021, akan tetapi terdapat perbedaan return saham sebelum dan sesudah hari libur Idul Fitri periode 2017,2019 dan 2021.
Pengaruh Distribusi Zakat, Infaq, Sedekah dan CSR Terhadap Penurunan Ketimpangan Sosial Rahasia Taufiqi Al Ayyubi
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/iej.v7i2.6538

Abstract

Masalah kemiskinan di Indonesia bermuara pada lingkaran kemiskinan yang akan mengakibatkan kurangnya pemerataan pendapatan sehingga secara tidak langsung akan menyebabkan ketimpangan sosial di masyarakat. Tujuan penelitian ini adalah untuk mengetahui  pengaruh distribusi zakat, Infaq sedakah (ZIS) dan CSR terhadapa ketimpangan sosial. Desain penelitian ini menggunakan metode penelitian kuantitatif dengan data sekunder dari tahun 2005-2019. Teknik analisis data yang digunakan adalah regresi linear berganda menggunakan program eviews 9. Berdasarkan analisis yang digunakan hasil dari penelitian ini mengatakan bahwa distribusi dana zakat berpengaruh terhadap ketimpangan sosial, dikarenakan penghimpunan dan penyaluran dana zakat lebih efektif. Dana Infak sedekah dan CSR tidak memberikan pengaruh terhadap penurunan tingkat ketimpangan sosial dikarenakan masyarakat lebih cenderung untuk mendistribusikan hartanya melalui dana zakat daripada dana infak sedekah dan CSR. 
The role of Islamic microfinance towards SDGs 2030 from poverty alleviation Rusyda Afifah Ahmad; Helmy Fauzy Ahmad
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (468.983 KB) | DOI: 10.21111/iej.v7i2.7105

Abstract

This paper reviews the evidence of the impact of Islamic microfinance on poverty alleviation and identifies the determinants that can influence microfinance borrowers to realize the SDGs 2030 through a literature review. This study also promotes Islamic microfinance and suggests it as one of the best poverty alleviation tools, especially among Muslim communities by reviewing some of the measures suggested by other researchers through systematic literature reviews. This paper is a literature survey of more than 40 articles related to microfinance that attempt to review and analyze the areas researched by researchers in microfinance. This survey consists not only of empirical analysis and comparative analysis but recommendations and suggestions with some theoretical work. So to achieve the SDGs 2030 goal, it would be very good if Islamic microfinance institutions were used as the main alternative tool to alleviate poverty. Because the program and implementation of Islamic microfinance are always based on maslahah for the community.