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
Corporate Social Responsibility Dalam Perpektif Islam Mufti Afif
Islamic Economics Journal Vol 3, No 2 (2017)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (350.811 KB) | DOI: 10.21111/iej.v3i2.2716

Abstract

This research is comparison study between convetional concept of CSR and Islamic concept. These two concepts, they are fundamental distinction, such in philosophy aspect and objective aspects. Conventional CSR generally on solving problem of poverty in addition to obtain the level of profit such as the trust of society. Whereas CSR responsibilities related to Islam between individual and social responsibilities of humanity. On basic of philosophy of CSR aspects of Islam in Quran and Sunnah, which deliver on the concept of relationship between institution and society or environment. This means the bond is stronger than conventional concept of CSR, which are only binding based on public confidence at Islamic Institution teaches that worship is not limited on the worship of mahdhah (hablumminallah), but other worship mahdhah also so due to considerations related to social worship (hablumminannas); This cue contained in God’s Word QS. Al-Ma’un verses 1-7. Islam has the principle of accountability which is balanced in all shapes and spaces in scope. Between body and soul, between individuals and between individuals and the family, social and, between a community with other societys and finally CSR Islam far has nailai maslahah compared to conventional CSR. 
Indikator Perilaku Konsumen Dalam Memenuhi Kebutuhan Primer (Studi Maslahah Imam Al-Gazali Kitab Al Mustasfa Min ‘Ilm Ushul) Miftahul Huda
Islamic Economics Journal Vol 3, No 2 (2017)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (377.382 KB) | DOI: 10.21111/iej.v3i2.2719

Abstract

Consumer behavior is a human attitude in utilizing its income in meeting the needs, both individually and socially. The problem of human economy in the perspective of Islam is the fulfillment of need with Natural Resources (SDA), with the concept of maslahah is expected to assist in fulfilling the welfare of human life present. Imam Al-Ghazali has previously introduced the concept of social welfare function, in which we are required to distinguish the needs of dharuriyyat, hajiyyat, and tahsiniyyat is a matter which must Observed, lest we be wrong in determining the category level tesebut. Introduction in meeting the needs of priority scale has been introduced since the first although not yet reviewed in detail. The application al-ushul al-khamsah in meeting human needs has been facilitated by its development to date. The universal value that belongs to its own value in guarding the behavior of a consumer to become an Islamic Man.
Penerapan CSR (Corporate Social Responsibility) Perbankan Syari’ah Umum di Indonesia Perspektif Maqasid Asy Syari’ah Muhammad Iqbal
Islamic Economics Journal Vol 3, No 2 (2017)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (441.436 KB) | DOI: 10.21111/iej.v3i2.2720

Abstract

The practice of CSR has been a trend among corporation for the last few years. The implementation of CSR in a financial institution, however, still adopts the western concept. Previous studies have also found that the practice of CSR in today’s corporations in not in with Islamic sharia. This is closely related to the concept of CSR in which the practice follows the original concept. The researcher planned to observe general sharia banks in Indonesia, particularly their CSR practice. This study used the perspective of maqāsid asy syari’ah in order that the legitimacy of CSR practice could be undeniable, the quality would approve, and the implementation could be more serious more than the previous-years’ ones. The observation on the practice of CSR in sharia commercial banks would be focused on two sharia commercial banks as the representing samples of 12 sharia commercial banks in Indonesia. Thin was deemed necessary because in reality not all sharia commercial banks have been able to implement and report good practice of CSR. The reality and result in the field showed that from the persective of maqāsid asy syari’ah focusing on the kulliyatul khams standar. Bank Muamalat Indonesia and Bank Syariah Mandiri have included most of the standard. In other words, the justification of maqāşid asy syari’ah in the oractice of CSR for the benefit of the people. The generalization of population result represented by the two sharia commercial banks could be formed if the practice in the other banks was a similar or even more than that in these sample banks.
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.
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.
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 | 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.
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.
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.

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