Islamic Ecomonics Journal
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
<![CDATA[Business System Analysis Based On Multi Level Marketing In The Perspective of Islami Business Ethics (Case Study: PT. Veritra Sentosa International) ]]>
<![CDATA[Achmad Fajaruddin]]>;
<![CDATA[Bella Tahya Hania]]>
<![CDATA[ Islamic Economics Journal Vol 4, No 1 (2018) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v4i1.2897
<![CDATA[Nowadays, have came varieties of online application that can be used to make an online payment, one of it is Paytren. The application launched by Treni is applying MLM system in it's business. Nowadays, has come a lot of MLM companies that deviated from the business ethics. While in Islam, the application of Islamic business ethics is mandatory. This research aims to know the business system based on MLM and how the perspective of Islamic business ethics with the business that run by Treni. This research is a fi eld research with qualitative methods. Research data obtained from primary and secondary data. While primary data collected from interviews, observation and documentation. And secondary data collected from books, journals and other source that has same relation with the research. The conclusion are, the company is some company which sell a license for using an aplication with the aim for payying the daily needs and the montly bills, this aplication can be used in every kind of smartphone, especially in android and iOS. The partners get their commission from the selling of license to the other partners or from the transaction which done by their ownselves of by their downline. So for the implementation of Islamic business ethics, then Paytren has implemented an Islamic business ethics in it's business. It's known by the applied of the basic values of Islamic business ethics, namely Tawheed, khilafah, worship, tazkiyah and ihsan.]]>
<![CDATA[The Effect of Price and Brand Image of Smartphone Toward Purchasing Decision of Muslim Consumers (Case Study Student University of Darussalam Gontor Campus 6 Magelang) ]]>
<![CDATA[Imam Haryadi]]>;
<![CDATA[Fadly Arif]]>
<![CDATA[ Islamic Economics Journal Vol 4, No 1 (2018) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v4i1.2902
<![CDATA[In a competitive businesses situation that increasingly going forward at this time, companies need to utilize their resources optimally that can aff ect consumers’ perception on purchasing, as an example in adjusting the price and also improving their the brand image. In Islamic law, Excessive consumption is called by the term israf or tabzir (wasting resourches without any good use). As a consumer and student of Islamic economics, more throughly before buying a product is very important, especially for students UNIDA Magelang. The purpose of this research is to fi nd out the eff ect of price and brand image of Smartphone toward purchasing decision of muslim consumers. This research is quantitative research, the data used in this research is primary data obtained from the questionnaires that distributed to the respondents, with 67 persons as a sample. The data analysis techniques by using validity test, reliability test, multiple regression and classical assumption test. The result of this research show that the price and brand image of Smartphone aff ect purchasing decision of muslim consumers, with value of (t) count 2.006 for price, and 5.900 for brand image. Based on these values, it is concluded that brand image has more signifi cantly eff ect toward purchasing decision of muslim consumers than the price. And the eff ect from price and brand image of Smartphone toward purchasing decision of muslim consumers is 52,2%, and 47,8% is influanced by other factors.]]>
<![CDATA[Analisi Strategi Pengembangan Pasar Tradisional Dalam Perspektif Ekonomi Islam (Studi Kasus Pasar Songgolangit Kabupaten Ponorogo) ]]>
<![CDATA[Royyan Ramdhani Djayusman]]>;
<![CDATA[Ahmad Lukman Nugraha]]>;
<![CDATA[Khoirul Umam]]>
<![CDATA[ Islamic Economics Journal Vol 4, No 2 (2018) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v4i2.2964
<![CDATA[This study aims to analyze traditional market development strategies by local governments from an Islamic economic perspective. This study used a qualitative method with a SWOT analysis. Qualitative methods are used to analyze the role of traditional market development from the perspective of Islamic Economics. Furthermore, the formulation of the strategy uses a SWOT analysis to obtain the development strategies in traditional market. The results of this study are; Firstly, the fluctuation of the total traders must be followed by the additional infrastructure. Secondly, the development strategy of the business in Songgolangit market can be done through two aspects; material and non-material aspects. The material aspect includes developing business capital. Non-material aspects include the development of business literacy and entrepreneurship. Thirdly, the role of local government in controlling and managing traditional markets is very important in issuing a local regulation (PERDA) for regulating the position, distance and operational time of street vendors (PKL), traditional markets and modern markets. Fourthly, the strategy of developing traditional markets through modernization of infrastructure and marketing utilizing technological progress.]]>
<![CDATA[Rekonstruksi Akad Perbankan Syariah Berdasar Maqashid Syariah ]]>
<![CDATA[Iqbal Imari]]>
<![CDATA[ Islamic Economics Journal Vol 2, No 2 (2016) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v2i2.1392
<![CDATA[Islamic finance has recently received growing attention in Indonesia, specially Islmaic Banking. Therefore its necessary to develop sharia contract which accordance to the public benefit continuously to achieve the great muslim goals as rahmatan lil ‘alamin.Therefore, sharia contract reconstruction toward maqashid syariahunder way contracts established not only stock and still to tradition books of fiqh. Yet to see the factual reality of financial industry needs with the maqashid(benefit) and it relevance with present context. Maqashid syariahis an extraordinary legacy mainly to solve the problems to new legal status which not duscussed on the Qur’an and the Hadith. This jurisprudence rules which is expected to reconstruct contracts on Islamic Banking more widely to public benefits. These beneficiaries are (1) rejecting the badness take precedence over profit; (2) when two mafsadatgathered, so take the lighter thereof; (3) something that can not be achieved as a whole, should not be abandoned as a whole; (4) tradition/local habits can be used as legal basis; and (5) to spread it more mainstream than not spread. In addition, local knowledge of rural communities can be a source of inspiration sharia economic activity in Indonesia where local wisdom practices can be repackaged and institutionalized through schemes Islamic financial scheme.]]>
<![CDATA[Implementation of Corporate Social Responsibility (CSR) On Islamic Banking: Maqasid Sy ariah’ s Approach ]]>
<![CDATA[Nurizal Ismail]]>;
<![CDATA[Ahmad Muqorobin]]>
<![CDATA[ Islamic Economics Journal Vol 3, No 1 (2017) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v3i1.1384
<![CDATA[Islamic banking as corporate is also subjected to the responsible of Corporate social responsibility (CSR). Moreover, Islamic Banking is different from Conventional bank in its worldview, operation and principle. It will impact to CSR operation in Islamic banking. CSR of Islamic Banking must constitute to its objective that should realize the just and welfare in ummah’s life. It came into existence as a collective religious obligation (fard kifayah) on the larger community (Ummah) as a financial intermediary for individuals in the community wishing to comply with Islamic law (Syari’ah). This study aims to discuss the role of maqasid Syari’ah, and to propose it into the applied of CSR on Islamic banking. Implementation of corporate social responsibility (CSR) is very important in Islamic banks because it is used as importantmeasurements to assess a successful company in its operation. CSR in Islamic bank should be different with the Conventional one from its worldview, system and standard of operational. The concept of CSR in Islam is not new, it is deeply mentioned and explained in sources of Islam. Maqasid Syari’ah is used to see the maslahat (benefit) and to make decision in all aspect of human life. In maslahat’s perspective, CSR of Islamic bank is to promote the justice and welfare and to avoid the disruption and chaos.]]>
<![CDATA[Pengaruh Kebijakan Pengurangan Beban Pajak Penghasilan bagi Pembayar Zakat (Studi Kasus Muzakki di Lembaga Amil Zakat YDSF Surabaya) ]]>
<![CDATA[Muhammad Zaki]]>;
<![CDATA[Royyan Ramdhani Djayusman]]>
<![CDATA[ Islamic Economics Journal Vol 2, No 2 (2016) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v2i2.1393
<![CDATA[Zakat is an obligation for a capable Muslim, while tax is also an obligation borne by every citizen. Meanwhile, zakat and taxes are two instruments that have the same function, which is to perform the income distribution function and overcome the poverty of its citizens. If the Muslim community in Indonesia pays these two obligations completely, then it will add a burden to the Muslim community in Indonesia. Therefore, Muslims in Indonesia who have paid zakat may be subject to a deduction of the tax burden so that Indonesian Muslim societies do not have double burden of obligation in their country. This study aims to determine the difference in the average number of muzakki in Institute Amil Zakat YDSF Surabaya before and after the policy of income tax deduction for paying zakah. Furthermore, the purpose of this study is to know the perception of opinion muzakki about the policy of deduction of income tax burden for zakat payer in YDSF Surabaya. This type of research is field research using triangulation method. The triangulation method is used to reinforce the data under study. And to identify components through quantitative data analysis and then collect qualitative data to expand the available information. The results showed that the average value of muzakki before this policy was 1523.37, while the mean value of muzakki after the policy was 1413.35. The difference indicates that the average amount of muzakki before the policy of reducing the tax burden is greater than the average amount of muzakki after the policy of reducing the tax burden. That is, the number of muzakki in zakat amil institutions decreased after the implementation of the policy of reducing the tax burden for the payers of zakat. The perception of muzakki regarding the existence of this policy is that this policy does not have a significant effect on the tax burden they have, because the amount of tax burden reduced by zakat only slightly.]]>
<![CDATA[Ribā dan Ketidakadilan Sistem Ekonomi Kapitalisme, Sebuah Kajian Teoritis ]]>
<![CDATA[Muhammad Ghozali]]>;
<![CDATA[Yusi Septa Prasetya]]>
<![CDATA[ Islamic Economics Journal Vol 3, No 1 (2017) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v3i1.1385
<![CDATA[The failures of capitalism economic in realizing justice and prosperity is due to the implementation of the interest system (usury system). In the long term usury system pose a huge gap between communities. Giving a variety of impacts on the economy of ummah. As the imbalance of the real sector and monetary sector, poverty and others. People, their life has been shackled by the economic system that allow the practice of interest or on the practice of usury is certainly contrary to the society ideals which is social justice, contrary to a life filled with love In fact, not a few countries receiving assistance of these loans were destroyed due to the large amount of foreign debt. Islamic economic as economy system resurfaced again trying to bring about justice and the welfare of his followers to abolish interest (riba) and replace with a system of profit sharing (profit loss sharing). As one of alternative to achieve economic justice. The underlying revenue sharing system embodiment of justice in various financial sector and the real sector. As for the elimination of usury system that forcenturies held in various countries. To errasing the practice of usury rate system, Islamic economics has its own rules in eliminating usury system and replace it with a system of profit sharing (profit loss sharing) to achieve justice in economic life and charity as a form of wealth distribution. Profit loss sharing system with the end result-oriented on businesses without unknowning the share out either be positive or negative. Each parties will share in the same way]]>
<![CDATA[Konsep dan Aplikasi Sukuk Negara dalam Pembiayaan Defisit APBNdi Indonesia ]]>
<![CDATA[Arie Rachmat Soenjoto]]>;
<![CDATA[Hilda Lutfiani]]>
<![CDATA[ Islamic Economics Journal Vol 2, No 2 (2016) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v2i2.1389
<![CDATA[Increasing government expenditure which is not accompanied by increasing country Income can cause an enhancement State Budget deficit, so far, the government still fond to cover up budget deficit with foreign debt, where foreign debt is never apart from the interest as of the loan. Therefore, alternative way accordance with the principles of shari’ah which can become a source of financing of the state budget deficit need to issued. This research aims to know more in the concept of the sovereign sukuk issuance in state budget financing and to discover position of sovereign sukuk in state budget deficit in Indonesia. this research use literature study. To discuss more in and achieve the goal, attempting to collect data both primary and secondary. The processingof collecting data method of observation which is the first step to see and get the necessary data with how to observethe intensively books and other data source. Then analyzed using the way of thinking of the induction-deductions method to draw a conclusion. In order to analyze which conveyed more depth, continued analysis usingdescriptive analysis techniques analysis. This research results that sovereign sukuk potential to be developed as an alternativein accordance withthe principles of shari’ah which can become a source of financing the deficit with 3 publishing mechanism, namely Private placement, book building and auction. Position of sovereign sukuk in state budget deficit in 2010- 2014 is not clear because the deficitincrease from IDR 46.8 Trillion to IDR 241.5 Trillion, but in 2014- 2015 budget deficit decrease from IDR 241.5 Trillion to IDR 222.5 Trillion, while the financing of thestate budget deficit sourcefrom the issuance of the sovereign sukuk on2014-2015 experiencing an increaseof IDR 265 Trillion to IDR 298 Trillion, that the allocationslook more detailed, transparent and orderly manner . And willreducethe budget deficit.]]>
<![CDATA[Analisis Kontribusi Ibnu Qayyim Al-Jauziyyah Dalam Filsafat Ekonomi Islam ]]>
<![CDATA[Syamsuri Syamsuri]]>;
<![CDATA[Sabila Rosyida]]>
<![CDATA[ Islamic Economics Journal Vol 4, No 1 (2018) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v4i1.2899
<![CDATA[Scientific activity, both in theory and scholarly thinking, is basically born from the ideals of a systematic, rational, logical and empirical fi gures. In the 13th century a great philosopher named Ibn Qayyim contributed in building the foundations of Islamic economic philosophy which discussed the issues of human concept, wealth and poverty, ownership, usury and even the concept of money. Although the pa; ern of economic thinking infl uenced by his teacher is Ibn Taymiyah. However, the brilliant idea of Ibn Qayyim in giving the basic concept of Islamic economics is very worthy to be reviewed. Thus, this article a; empts to analyze the extent of Ibnu Qayyim al-Jauziyyah’s contribution to the philosophy of Islamic economics. Using an analytical descriptive method with a qualitative approach that describes the contribution of thought Ibn Qayyim in economic philosophy then theories are analyzed inductively. This article concludes that Ibn Qayyim’s economic thought is based on faith and Tauhid, besides that he also does not distinguish between religion and economy, including the relevance between obedience to the acquisition of sustenance, the world and the whole to be benefi ted by humans with economic activities, dividing usury to nasi’ah and fadl, transition of ownership in a state of urgency, the state is entitled to take individual ownership if it is more beneficial for maslahah umah.]]>
<![CDATA[Signifikasi Peran Qawa’id Fiqhiyyah dalam Pembelajaran Ekonomi Syariah ]]>
<![CDATA[Rahmad Hakim]]>
<![CDATA[ Islamic Economics Journal Vol 2, No 2 (2016) ]]>
Publisher : <![CDATA[University of Darussalam Gontor ]]>
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DOI: 10.21111/iej.v2i2.1394
<![CDATA[Along with the development time and place, human economic life increasingly dynamic. On the other hand, the development of Islamic financial institutions is increasing and growing, especially in the last decade. Two things above be an important factor of the importance of certainty about the various forms of transactions in accordance with Islamic Shari’a. Offering hope that the development of economic life and Islamic financial institutions should increasingly all transactions with Shari’ah system. In the presence of the Islamic economic studies program or Islamic economics at Higher Education Institutions (IPT), both state and private, who have a major role in preparing the human resources, has a big responsibility to ensure legal certainty in all transactions; both traditional and contemporary transactions. With this, it is necessary for all students to learn qawa’id fiqhiyah for reaching these goals. This study used a qualitative descriptive method, that is the approach used to address the significance of the role of qawa’id fiqhiyyahin learning Islamic economics. In collecting the data used methods of documentation, namely by performing in-depth research on a variety of relevant literature in the field of qawa’id fiqhiyyah. The final conclusion of this study is that qawâ’id fiqhiyyahhave a significant role in the learning of Islamic economics. This is due to the reality of human life in the field of running dynamic economy, which often results in the release of all forms of economic activity of Islamic law. So that many transaction sprung did not have a clear legal status.]]>
