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 Implementasi Corporate Social Responsibility dan Intensitas Research and Development pada Perusahaan Go-publik Adi Santoso
Islamic Economics Journal Vol. 2 No. 1 (2016)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (683.692 KB) | DOI: 10.21111/iej.v2i1.966

Abstract

The aim of this research is to examine and analyze the effect of Corporate Social Responsibility (CSR) and intensity of Research and Development (R&D), which is expected to improve firm value and stock return on companies that go public on the Indonesia Stock Exchange. The populations of this research are companies go public on the Indonesia Stock Exchange. The samples of this research 25 companies that go public, which are observed at 2010, 2011, and 2012. The results of this research generally indicate that (1) Corporate Social Responsibility (CSR) have a significant positive effect towards firm value, (2) Intensity of research and development (R&D) have a significant positive effect towards firm value, (3) firm value have a significant positive effect towards stock return, (4) foreign ownership is able to act as a moderating variable in raising corporate socialresponsibility (CSR) and firm value, (5) foreign ownership is not able to act as a moderating variable in raising intensity of research and development (R&D) and firm value.
Kontribusi Waqf Gontor Terhadap Kesejahteraan Masyarakat Desa Gontor Adib Susilo
Islamic Economics Journal Vol. 2 No. 1 (2016)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (776.226 KB) | DOI: 10.21111/iej.v2i1.967

Abstract

Waqf is one of Islamic Filantrophy heritage, there is lot of institutions capable of fostering community with waqf and even in the history, waqf capable to building civilization. Gontor the first cottage standing and becomes waqf, so they no longer belong to the family or private. But unfortunately the nearby village community of Gontor that should feeling the impact of Gontor welfare can not so visible. Which Visible is the welfare gaps between Gontor and Society.This research is a qualitative research with Gontor villagers as the object who have direct or indirect relationship with Gontor as well as people who are not related to Gontor but stayed in the Gontor village. the method used is non-prbability sampling that is purposive sampling. Data collected through interviews, and documentation. Data were analyzed by using the method of Miles and Huberman through data reduction, data display and then summed to determine the contribution of Gontor waqf Against Neighborhood soceity. The results of this study is that the management of Waqf in Gontor runs very well even with the emergence of a rapidly growing business units, Gontor productive waqf also seek to contribute to the welfare of the village community Gontor, and all indicators of Maqasid Shari’ah can be met, especially in the field of economic independence.
Implementasi Akad Murabahah Dalam Perbankan Syariah di Indonesia Muhammad Alfan Rumasukun; Muhammad Ghozali
Islamic Economics Journal Vol. 2 No. 1 (2016)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (655.039 KB) | DOI: 10.21111/iej.v2i1.968

Abstract

The term “Murabahah” refers to contracts in which a financial institution purchases goods upon the request of a client, who makes deferred payments that cover costs and agreed-upon profit margin for the financial institution. The financial institution handles payment to a supplier and the incidental expenses of delivery (against a deferred payment made by the buyer to cover delivery costs and agreed-upon share of the buyer’s mark-up). Murabahah is the most widely used instrument of Islamic banking with seventy-five percent of total contract being murabahah based. It is widely used in consumer and corporate financing as well as in subordinated or term financing. The aim of this article is to review and analyze the murabahah contract, the most important investment mechanism in Islamic banking today both in its theoretical and practical aspects.
Analisis faktor-faktor yang mepengaruhi muzakki membayar zakat di BAZNAS Yogyakarta Andi Triyawan
Islamic Economics Journal Vol. 2 No. 1 (2016)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (504.419 KB) | DOI: 10.21111/iej.v2i1.970

Abstract

The awareness society in zakat payment should be improved, especially in mall zakat payment. For the management and distribution of zakat optimally, its required zakat institution professionally, trustworthy, and transparently. At Yogyakarta, the management of zakat has been managed by BAZNAS Yogyakarta city. It has tried hardly become a zakat institution professionally, trustworthy and transparently. This research aimed for testing a partial and simultaneous the influence of trust, regulation and BAZNAS product on muzakki’s interest in zakat payment at BAZNAS Yogyakarta. The amount of respondents are 100 respondents. Besides that, it also analyzes the management of zakat in BAZNAS. This type of research was a field research. The data used in this research was primary and secondary data. The sampling technique used was probability sampling. The data collection method used was spreading the questionnaires, interviews and documentation. Data analysis technique that used was validity test, reliability test, classic assumption test and multiple regression analysis. The results of this research that processed by using SPSS version 17.0 for Windows, with a test model F showed a significant models and the value of F value is 14,601 while the value of F table is 2.463 (F value > F table ), it means the independent variable (trust, regulation and BAZNAS product) were affected the muzakki’s interest simultaneously in zakat payment at BAZNAS Yogyakarta. While the results of the partial test (T test) showed that the trust variable (t count > t table = 3.223 > 1,984) and regulation variable (t count > t table = 2.190 > 1,984) have a significant affect. But the product BAZNAS variable (t count < t table = 1.558 < 1984) not a significant affect on the muzakki’s interest in zakat payment at BAZNAS Yogyakarta city. Meanwhile, the management of zakat in BAZNAS has meets the standards of existing management.
Analisis Pengaruh Motivasi, Persepsi dan Sikap Konsumen terhadap Keputusan Pembelian Achmad Fajaruddin
Islamic Economics Journal Vol. 2 No. 1 (2016)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (852.399 KB) | DOI: 10.21111/iej.v2i1.971

Abstract

With the advance of technology and the civilization, the more advanced needs of consumers as well. Consumers are increasingly critical. Especially women in relation to beauty products. Thus research is needed to find out more about the factors that influence purchase decisions. This study aimed to analyze the factors that influence purchasing decisions Wardah beauty products at the student campus Unida Mantingan 2014-2015, as well as find out what factors most influence on purchase decisions Wardah products. This research is quantitative descriptive. To achieve the desired aim, the authors tried to collect primary data by distributing questionnaires to 80 respondents using simple random sampling. Once collected, the data will be analyzed using content analysis method, the classical assumption test, multiple linear regression, R-square, Ftest and t-test. Results from the analysis conducted on the validity and reliability, there is one question that is not valid, namely the consumer attitude variables with production indicators Wardah products. Results of the analysis showed the influence of independent variables on the dependent variable is less influential, it can be concluded that the influence of motivation, perceptions and attitudes of consumers on product purchasing decisions Wardah by 28%, while the remaining 72% is determined by other variables outside the study.
Konsep Uang Islam: Antara Uang Komoditas atau Uang Fiat Khoirul Umam
Islamic Economics Journal Vol. 2 No. 1 (2016)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (403.888 KB) | DOI: 10.21111/iej.v2i1.972

Abstract

Recent monetary crises have brought back the interest of scholars especially Muslim scholars to re-evaluate the current fiat monetary system. A group of Muslim economists believe that the source of problems is a form of fiat money. However, a larger group of Muslim economists prefer to set fiat money according to the rules of Sharia. This paper attempts to discuss the opinion of these two groups, so then offers the concept of money in Islam. The first group argue that the fiat money creates a seigniorage which is the cause of inflation, inequity of wealth distribution and monetary and financial crisis. Fiat money is also the soul of banking fractional reserve system which leads to the problem of inflation, business cycles and injustice distribution of wealth. Lastly, fiat money sytem with interest result in an inflationary economy. Besides these three, there is a belief that the money according to Islam must be commodity money. The second group counter that the strict rules for monetary management is proved to minimize the use of seigniorage so that inflation can be controlled. In fact, the fiat money and fractional reserve system support economic expansion so that the community can enjoy the economic growth. Furthermore, the business cycle is not just happening on a fiat money system but also a part of the commodity money system. Indeed, money in Islam must be a commodity is not agreed by the majority of fiqh scholars. However, in the context of international currency, the issue of injustice and the causes of the crisis becomes challenging issue. The first group propose to change international currency to commodity money, while the second group offers a monetary union as in the case of Europe. Finally, the concept of money is not about the form of money, but rather whether the money can be a just medium of exchange and measure of value for the goods and services.
Pembangunan Ekonomi dalam Prespektif Islam: (Satu Analisis Pesantren Gontor dalam Memberdayakan Ekonomi Masyarakat) Syamsuri Syamsuri
Islamic Economics Journal Vol. 2 No. 1 (2016)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (578.844 KB) | DOI: 10.21111/iej.v2i1.973

Abstract

Pesantren is an educational institution that was born out of the historycal product having relasition whith the coming of Islam into the archipelago. Its presence has provided a new model for the life of Indonesian society in particular. Be it in the form of socio-political, socio-cultural, socio-economic and socio-religious. in this case it is happens because schools were created rather than the hopes and ideals of society that makes the moral values of Islam as the foundation concepts and motivation charity. It is no exaggeration if the orientation of the establishment of pesantren to spawned man a dedicated to the community and have the personality of the Prophet. As self-sufficient, have a noble and beneficial to society. Gontor has exists since 90 years ago, at least has positioned itself at strategic places, namely; become an institution of religious knowledge development, a seedbed of human resources, and institutional economic development. Economic development here is intends a comprehensive development (multi-dimensional) which covers various aspects; physical, spiritual or moral. The principle of the implementation of human empowerment is based on the concept of tauhid and aims at gaining God’s pleasant (redho Allah s.w.t.). This study used a qualitative case study method with three data collection techniques, such as observation, interviews and documentation in Pesantren Gontor Ponorogo Indonesia. This paper will present how strategy pesantren Gontor in empowering the community, and the extent of its role in economic development based on Islam.
Pemberdayaan Waqf Produktif sebagai Media Pembangunan Ekonomi Pesantren: Satu Analisa Mekanisme Pelaksanaanya di Pesantren Wali Songo Ngabar Iqbal Imari; Syamsuri Syamsuri
Islamic Economics Journal Vol. 3 No. 1 (2017)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (699.105 KB) | DOI: 10.21111/iej.v3i1.1381

Abstract

Based on history of management productive waqf in Indonesia there are three periods; that is traditional, semi professional, and professional. Generally the management of waqf in Indonesia is influanced by those periods. Traditional period just serves to physical development, Semi professionals are being developed for more productive activities, While the professional period has been empowered for multidimensional development whose benefits include both economic and social aspects. However, in some cases nadhzir does not have the capacity and qualifications to empower waqaf’s property, Waqf should be able to meet the needs of anyone who is entitled to benefit from it. So the educational foundation which has the property of waqf is not neglected, undeveloped, Become damaged, unworked optimally, unbenefit and up bankrupt. By using qualitative method and presented by descriptive analysis Supportedin the collection of data sources “triangulation” that is a documentation, observation and interview. By using qualitative method and presented by descriptive analysis Supported in the collection of data sources “triangulation” that is a documentation, observation and interview. This article will explore and examine how the mechanisms of empowering productive waqaf as economic development strategy in Pesantren Wali Songo Ponorogo. This pesantren was chosen because of his expertise in managing waqf with professionals which has been started since 6 July 1980 years ago. Finally this article explains that in its implementation to empower productive waqaf in order to maximize its role and sustainable benefits, then Wali Songo Ngabar pesantren has submitted several efforts must be done every institution managing waqf to maintain the trust of waqif, is starting from the stages of planning, organizing, institutional leadership until the supervision must be done well.
Analisis Kebutuhan Pedagang Kaki Lima Atas Keputusan Relokasi sebagai Wujud Implementasi Kebijakan Peraturan Tata Tertib Kota Tahun 2016-2017 (Survey di Kota Ponorogo) Dhika Amalia Kurniawan
Islamic Economics Journal Vol. 3 No. 1 (2017)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (408.281 KB) | DOI: 10.21111/iej.v3i1.1382

Abstract

City is one of assets possessed by a region, so its comfort, beauty and order must be preserved for the purposes and prosperity together. But the problem often arises is the emergence of the impact that resulted in the security and beauty city as well as the area becomes disturbed is the problem of street hawkers (street vendors). Where the street vendors have been using the means of public facilities in the city, in this case is the city of Ponorogo. Along the highway Ponorogo decorated by the street vendors who sell from the morning and change with street vendors who sell afternoon untilnight. Not only the beauty of the city is threatened, congestion has become common place in Ponorogo, besides causing scattered rubbish everywhere as well as improperly buyer motorcycle parking adds to the noise of the Ponorogo city. This research uses descriptive qualitative method by doing interview, observation and documentation. The results of this study concluded that the street vendors who will be relocated are only street vendors located on Ponorogo city protocol road. They are willing to relocate in the hope that local governments provide more than ever before welfare benefits such asproviding new business ventures and strategic new places, crowded and announced as a culinary tourism center, security guarantees, safeguards and other expectations. The street vendors hope in a new place their trade business can be balanced even can grow, not decreased in terms of income.
Analisis Strategi Penghimpunan Dana Zakat, Infak, dan Sedekah (Studi kasus di LAZ Ummat Sejahtera Ponorogo) Royyan Ramdhani Djayusman; Mufti Afif; Andi Triyawan; Faizal Abduh
Islamic Economics Journal Vol. 3 No. 1 (2017)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (653.531 KB) | DOI: 10.21111/iej.v3i1.1383

Abstract

One of the Zakat Institution in Ponorogo is LAZ Ummat Sejahtera Ponorogo, which has a muzakki 1.500 people in Ramadan, but except that month, it has 350-400 people of muzakki. The Aim of this research is to identify the preferences and factors influencing the Muslims of Ponorogo in paying Zakat infaq,shodaqoh and to identify the strategy of accumulating zakat infak shodaqoh at LAZ Ummat Sejahtera Ponorogo. The method that used in this research is mixed method or trianggulation method. Also Quantitative research methods used to determine the preferences and factors that influence the interest of Muslims Ponorogo in paying ZIS. While the qualitative method used to analyze the strategy that has been done by LAZ Ummat Sejahtera in order to collect ZIS funds. Data collection in quantitative research through the spreading of questionnaires to 250 Moslem Ponorogo using non probability sampling method with purposive sampling technique. After that, the data were analyzed by factor analysis method. While collecting qualitative research data obtained through interviews with LAZ Ummat Sejahtera, observation, and documentation related to LAZ Ummat Sejahtera. After that, analyzed by SWOT analysis technique (strengths, weaknesses, opportunities, and threats). The results of the research is factor analysis show that four factors influencing interest of Muslim Ponorogo for paying ZIS are factor of faith, factor of Intitution service, factor of religion knowledge, and factor of worship. Second, from the SWOT analysis get 24 strategies funding according to the behavior of Muslims at Ponorogo in paying ZIS.