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Jurnal Ekonomi Syariah Teori dan Terapan
Published by Universitas Airlangga
ISSN : 24071935     EISSN : 25021508     DOI : -
Core Subject : Economy,
Jurnal Ekonomi Syariah Teori dan Terapan (JESTT) accepts original manuscripts in the field of Islamics Economics, including research reports, case reports, application of theory, critical studies and literature reviews.
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Articles 1,152 Documents
Journal Cover Vol 7, No 4 (2020) Journal Cover
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 4 (2020): April-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20204pp%p

Abstract

THE ANALYSIS OF SHARIA EMITENTS IN JII CONCERNING FACTORS OF CAPITAL STRUCTURE FOR THE 2014 – 2018 PERIOD Anisa Priyanka Jasmine; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 6 (2020): Juni-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20206pp1193-1204

Abstract

This study was made with the aim to examine the effect of profitability, company size, company age, growth opportunity, liquidity and dividend payout ratio on the capital structure of Islamic issuers listed in the JII (Jakarta Islamic Index). The method in this study uses multiple regression analysis techniques with Random Effet Model (REM) selected as the best model for estimating panel data regression, where in estimating the General Least Saquare (GLS) regression test is used. And produce profitability and dividend payout ratio as a significant variable and this also proves its effect partially on leverage (DER). While simultaneously profitability, company size, company age, liquidity and dividend payout ratio significantly influence leverage (DER).Keywords: profitability, company size, company age, growth opportunity, liquidity, dividend payout ratio, pecking order theory, capital structureREFFERENCE Ahmad, Rodoni dan Herni, Ali. (2010). Manajemen keuangan. Jakarta: Penerbit Mitra Wacana Media.Arief, Bramantyo. (2011). Analissis pengujian teori pecking order melalui keterkaitan profitabilitas, struktuk asset, ukuran perusahaan dan kesempatan bertumbuh terhadap financial leverage periode 2006-2009 (Studi kasus pada emiten syariah di JII). Skripsi tidak diterbitkan. Semarang: Universitas Diponegoro.Chen et al. (2011). How the pecking order theory explain capital structure. International Journal of Management Studies, 1-9.Darminto dan Manurung, Adler Haymans. (2008). Pengujian teori trade-off dan pecking order dengan satu model dinamis pada perusahaan publik di Indonesia. Jurnal Manajemen Bisnis, 1(1), 35-52.Dimitri, Michael dan Sumani. (2013). Analisis pengaruh likuiditas, profitabilitas, ukuran, usia, dan pertumbuhan perusahaan terhadap struktur modal. Jurnal Manajemen. 11(1), 82-105.Eviani, Anantia Devi. (2015). Pengaruh struktur aktiva, pertumbuhan penjualan, dividen payout ratio, likuiditas, dan profitabilitas terhadap struktur modal.Jurnal Akuntansi dan Sistem Teknologi Informasi, 11(2), 194 – 202.Ghozali, I (2011). Aplikasi analisis multivariate dengan program SPSS. Semarang: Universitas Diponegoro.Gujarati. Damodar N and porter Dawn C. (2009). Basic econometrics, fifth edition. New York: McGraw-Hill Irwin.Hasan and Safdar (2005). Impact of ownership structure and corporate governance on capital structure of Pakistani llisted companies. International Journal of Business & Management, 4(2).Liu. Yuanxin & Ning. Xiangbo. (2009). Empirical research of the capital structure influencing factor of electric power listed companies. International Journal of Marketing Studies, 1(1), 43-49. DOI:10.5539/ijms.v1n1p43Mau, Jefrianus, dkk. (2015). Pengaruh profitabilitas, umur dan ukuran perusahaan terhadap struktur modal. Jurnal Riset Akuntansi dan Keuangan, 11(2), 147-156.Myers. C Stewart. (1984). The Capital Stucture Puzzle. The Journal of Finance, 39(3), 575-592.Myers , S and Majluf. (1984). Corporate financing and investment decision when firms have information investors do not have. Journal of Financial Economics, 13(2), 187-221.Rahman Hakim, Arief. (2013). Pengaruh struktur aktiva, Profitabilitas, ukuran perusahaan dan likuiditas terhadap struktur modal (studi kasus pada perusahaan makanan dan minuman yang terdatar di Bursa Efek Indonesia. Skripsi tidak diterbitkan. Jakarta: Universitas Islam Negeri Syarif Hidayatullah.Dewi, Sofia Prima dan Keni Keni. (2013). Pengaruh Umur Perusahaan, Profitabilitas, Ukuran Perusahaan, dan Leverage terhadap Pengungkapan Tanggung Jawab Sosial Perusahaan. Jurnal Bisnis dan Akuntansi, 15(1), 1-12. DOI: https://doi.org/10.34208/jba.v15i1.203 
THE ASSESSMENT OF EMPLOYEE RIGHTS AND OBLIGATIONS FROM ISLAMIC PERSPECTIVE ON EXPEDITION COMPANIES IN SURABAYA Aisyah Ayuningtyas; Eko Fajar Cahyono
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 1 (2020): Januari-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20201pp100-118

Abstract

This study aims to determine the assessment of the rights and obligations of workers from the Islamic economic perspective. Employee rights comprise wages, suitability of workers with work, Life insurance, Pension funds, Almsgiving entrepreneurs, Accident insurance, Expedition services, proper treatment from colleagues and vehicle facilities from the company. While employee obligations consist of having a sense of sincerity and enthusiasm and having a good religious nature. Case study on employees of the expedition member company ALFI (Indonesian logistics and forwarder association) in Tanjung Perak Port Surabaya. This study uses a quantitative descriptive approach with simple tabulations. The retrieval of primary data in this study was conducted using a questionnaire. The sample in this study were 202 employees of ALFI. This study found that the respondents considered agreeing on the indicators of employee rights such as wages, suitability of workers with work, life insurance, charity of employers and were treated well by colleagues and employers. The respondents also chose to disagree with the rights indicators such as pension funds, accident insurance, expedition services and vehicle facilities from the company. On the indicators of employee obligations, the respondents chose to agree on all indicators which included having a sense of sincerity and enthusiasm and having a good religious character.Keywords: Islamic Employment, Employee Rights and Obligations of employees.REFFERENCE Afzalur Rahman. (1995). Doktrin ekonomi Islam Jilid I, Yogyakarta: Dana Bhakti Wakaf.Badan Pusat Statistik (BPS) Surabaya Jawa Timur. (2014). Indikator tenaga kerja kota Surabaya. Dewan Pengurus Nasional FORDEBI & ADESI Ekonomi dan Bisnis Islam. (2017). Seri konsep dan aplikasi ekonomi dan bisnis Islam.Payaman J Simanjuntak. (1998). Pengantar ekonomi sumber daya manusia, Ed. 2. LPFEUI: Jakarta.Pemerintah Indonesia. (2003). Undang Undang no 13 tahun 2003 yang mengatur tentang ketenagakerjaan. Lembaran Negara RI tahun 2003, No. 13.Sekretariat Negara. Jakarta.Pius Partanto, dkk. (2001). Kamus ilmiah popular. Surabaya: Arkola.H.A. Mu’thi Nurdin. (Tanpa Tahun). Masyarakat Islam, Cet. II. Bandung: Yayasan at-Taufik dan PT. Al Ma’arif.Syarif Chaudhry, Muhammad. (2012). Sistem ekonomi islam prinsip dasar. Jakarta: kencana
THE INFLUENCE OF RELIGIOSITY, PRODUCTS AND SERVICES TOWARDS THE INTERESTS OF MUSLIM COMMUNITIES IN GARUT REGENCY TO TRANSACT WITH SHARIA BANKS Rani Surya Resiana; Cupian Cupian
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1276-1286

Abstract

The purpose of this research is to find out what is the influence of religiosity, product, and service on Islamic community’s interest in Garut to perform financial transaction with sharia banking. The research method used was quantitative descriptive method. The sample of this study are 100 person from community of Garut that actively do the transaction with Sharia Bank Mandiri, Sharia Bank BJB, and Bank Muamalat. The result of the study shows that simultaneously, religiosity, product, and service factors together influences the Islamic community’s interest in Garut to perform financial transactions with sharia banking. However, partially or individually just two variabels, it is religiousity and service that affect significantly while product variabel not is not affect significantly influences the Islamic community’s interest in Garut to perform transaction with sharia banking.Keywords: Sharia Banking, Religiousity, Transaction, Muslim Community
PENGARUH RELIGIUSITAS, PRODUK DAN LAYANAN TERHADAP MINAT MASYARAKAT MUSLIM DI KABUPATEN GARUT UNTUK BERTRANSAKSI DENGAN BANK SYARIAH Resiana, Rani Surya; Cupian, Cupian
Jurnal Ekonomi Syariah Teori dan Terapan Vol 7, No 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1276-1286

Abstract

The purpose of this research is to find out what is the influence of religiosity, product, and service on Islamic community’s interest in Garut to perform financial transaction with sharia banking. The research method used was quantitative descriptive method. The sample of this study are 100 person from community of Garut that actively do the transaction with Sharia Bank Mandiri, Sharia Bank BJB, and Bank Muamalat. The result of the study shows that simultaneously, religiosity, product, and service factors together influences the Islamic community’s interest in Garut to perform financial transactions with sharia banking. However, partially or individually just two variabels, it is religiousity and service that affect significantly while product variabel not is not affect significantly influences the Islamic community’s interest in Garut to perform transaction with sharia banking.Keywords: Sharia Banking, Religiousity, Transaction, Muslim Community
THE DETERMINANTS OF SOLVABILITY LEVELS IN SHARIAH LIFE INSURANCE COMPANIES FOR 2014-2018 PERIOD Herlin Evrilyan; Dina Fitrisia Septiarini
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1303-1320

Abstract

The purpose of this study is to analyze the factors that influence the solvency of the performance of Islamic life insurance companies in the 2014-2018 period. This research uses a quantitative approach with panel data regression analysis method. The data used in this study are secondary data, using a purposive sampling method. The data used by researchers is the financial statements of Islamic life insurance companies in the 2014-2018 period. The population in this journal is the Islamic life insurance industry of 24 companies, while the sample in this journal is 10 samples of Islamic life insurance companies registered with the Financial Services Authority. Partially the findings of this study, which are applied through the variable Company Size and Liquidity Ratios have a significant effect on Solvency, while Claim Expense Ratio, Underwriting Ratio, and Management Cost Ratio have no significant effect on Solvency. Simultaneously Company Size, Liquidity Ratio, Claim Cost Ratio, Underwriting Ratio, and Management Cost Ratio have a significant effect on solvency with a significant level of 0,000 0.05. With the Adjusted R2 value, the result is 0.715554, which means 71.49%, while the remaining 28.51% is influenced by other variables outside this study.Keyword: Islamic Life Insurance, solvency, Risk Based Capital, Islamic InsuranceREFFERENCESAl Arif, M Nur Rianto. (2015.) Pengantar Ekonomi Syariah: Teori dan Praktek. Bandung: CV Pustaka SetiaAscarya. (2015). Akad & Produk Bank Syariah. Jakarta: Raja Grafindo PersadaCahyadi, Thalis Noor. (2012). Baitul Maal Wat Tamwil Legalitas Dan Pengawasannya. Jurnal Ekonomi Syariah Indonesia, Vol. 11, No. 2Dewan Syariah Nasional-Majelis Ulama Indonesia. 2000. Fatwa DSN-MUI No. 04/DSN-MUI/IV/2000 Tentang Murabahah. (Online). https://dsnmui.or.id/category/fatwa/page/11/, diakses 30 September 2018.Imama, Lely Shofa. (2014).  Konsep Dan Implementasi Murabahah pada Produk Pembiayaan Bank Syariah. Iqtisodia, vol. 1, no. 2Imaniyati, Neni Sri. (2010). Aspek-aspek Hukum BMT (Baitul Maal Wa Tamwil). Bandung: PT Citra Aditya BaktiKuncoro, Amin dan Husnurrosyidah. (2017). Kinerja Lembaga Keuangan Mikro Syariah Dan Upaya Untuk Mempertahankan Eksistensi Perilaku Masyarakat Pedesaan. Jurnal Analisa Akuntansi dan Perpajakan, Vol. 1, No. 1Prabowo, Bagya Agung. 2009. Konsep Akad Murabahah pada Perbankan Syariah (Analisa Kritis terhadap Aplikasi Konsep Akad Murabahah di Indonesia dan Malaysia. Jurnal Hukum, vol. 16, no. 1Rivai, Veithzal dkk. 2010. Islamic Financial Management. Bogor: Penerbit Ghalia IndonesiaSupriyanto dkk. (2018). Islam and Local Wisdom: Religious Expression In Southeast Asia. Sleman: DeepublishSyamsuir. (2015). Lembaga Keuangan Islam Non Bank. Jurnal Islamika, Vol. 15, No. 1Salam, Abdul Qodir. Teori Dharurah dan Pengaruhnya terhadap Perubahan Status Hukum. (Online). http://pcinu-mesir.tripod.com/ilmiah/jurnal/isjurnal/nuansa/Jan96/6.htm diakses 09 Januari 2019Waluyo, Bambang. (2016). Implementasi Pembiayaan Mudharabah pada Bank Syariah untuk Merealisasikan Tujuan Ekonomi Islam. Jurnal Ekonomi dan Bisnis Islam, vol. 2, no. 2Yin, Robert K. (2015). Studi Kasus: Desain & Metode. Jakarta: Rajwali Pers
DETERMINAN TINGKAT SOLVABILITAS PADA PERUSAHAAN ASURANSI JIWA SYARIAH PERIODE 2014-2018 Evrilyan, Herlin; Septiarini, Dina Fitrisia
Jurnal Ekonomi Syariah Teori dan Terapan Vol 7, No 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1303-1320

Abstract

The purpose of this study is to analyze the factors that influence the solvency of the performance of Islamic life insurance companies in the 2014-2018 period. This research uses a quantitative approach with panel data regression analysis method. The data used in this study are secondary data, using a purposive sampling method. The data used by researchers is the financial statements of Islamic life insurance companies in the 2014-2018 period. The population in this journal is the Islamic life insurance industry of 24 companies, while the sample in this journal is 10 samples of Islamic life insurance companies registered with the Financial Services Authority. Partially the findings of this study, which are applied through the variable Company Size and Liquidity Ratios have a significant effect on Solvency, while Claim Expense Ratio, Underwriting Ratio, and Management Cost Ratio have no significant effect on Solvency. Simultaneously Company Size, Liquidity Ratio, Claim Cost Ratio, Underwriting Ratio, and Management Cost Ratio have a significant effect on solvency with a significant level of 0,000 0.05. With the Adjusted R2 value, the result is 0.715554, which means 71.49%, while the remaining 28.51% is influenced by other variables outside this study.Keyword: Islamic Life Insurance, solvency, Risk Based Capital, Islamic Insurance
THE ANALYSIS OF DESCRIPTIVE STATISTICS ON THE USE OF SYARIAH FINTECH IN INDONESIA Sahlan Yahya; Bayu Arie Fianto
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1336-1349

Abstract

This research presents a preliminary study on the use of Islamic fintech in terms of several aspects, namely, socio-economic aspects, geographical aspects, social influence, religiosity. Socio-economic aspects consist of gender, age, education level, income level, and type of work. Geographical aspects consist of the distance of residence from the nearest financial institution and location of residence. Data is collected by giving questionnaires to users of Islamic fintech and non-users of Islamic fintech. The results of this study are in the form of an explanation or excavation of information related to which aspects show the difference between users and non-users of Islamic fintech. This research was conducted because of the lack of research about the use of Islamic fintech in terms of various aspects above. This study contributes to the behavior of Indonesian people in utilizing Islamic fintech as a provider of Islamic financial services in the Industrial Revolution 4.0 era.Keywords: Islamic fintech, socioeconomic aspects, geographical aspects, social influence, religiosityREFFERENCESAfifuddin dan Beni Ahmad Saebani. 2009. Metodologi penelitian kualitatif. Bandung: Pustaka Setia.Arif, M Nur Rianto Al. 2015. Pengantar Ekonomi syariah teori dan praktik. Bandung: Pustaka Setia.Astuti, Rika Pristian Fitri. 2016. Pengaruh Status Sosial Ekonomi Orang Tua, Literasi Ekonomi dan Life Style Terhadap Perilaku Konsumsi Mahasiswa Jurusan pendidikan Ekonomi IKIP PGRI Bojonegoro. Bojonegoro: Fakultas Pendidikan Ilmu Pengetahuan Sosial. Jurnal Edutama. Vol 3, no. 2 Juli 2016Bachri, Bachtiar S. 2010. Meyakinkan Validitas Data Melalui Triangulasi Pada Penelitian Kualitatif. Universitas Negeri Surabaya. Vol. 10, No. 1, hal 46-61.Baidhowi, Bagus dan Irham Zaki. 2014. Implementasi konsumsi Islam Pada Pengajar Pondok Pesantren (Studi Kasus Pengajar Pondok Pesantren Aqobah Kecamatan Diwek Kabupaten Jombang). Universitas Airlangga. Vol. 1, No. 9.Chan, Arianis. 2010. Pengaruh Ekuitas Merek Terhadap Proses Keputusan Pembelian Konsumen:Sstudi Kasus Bank Muamalat Indonesia Cabang Bandung. Universitas Padjajaran. Jabv6n1.texFauzia, Ika Yunia dan Abdul Kadir Riyadi. 2014. Prinsip Dasar Ekonomi Islam perspektif Maqashid Syariyyah. Jakarta: KencanaIda, N. 2009. Pengaruh Ekonomi Mikro. Universitas Muhammadiah Malang Press. MalangKhan, M Fahim. 2014. Esai-Esai Ekonomi Islam. Jakarta: RajaGrafindo Persada Moleong, Lexy J. 2005. Metode Penelitian Kualitatif. Bandung: Remaja Rosdakarya.Panjaitan, Poopy. 2017. Pengaruh Social Media terhadap Produktifitas Kerja Generasi Millenial. Malang: Jurnal Administrasi BisnisPujiyono, Arief. 2006. Teori Konsumsi Islam. Jurnal Dinamika Pembangunan. III (2) : 196-207.Rosyidi, Suherman. 2006. Pengantar Teori Ekonomi. Jakarta: Raja Grafindo PersadaShihab, M. Quraish. 2004. Tafsir al-Mishbah: Pesan, Kesan dan Keserasian al-Qur’an. Jakarta: Lentera Hati. volume 1, cetakan. Ke 2.Siddiqi, Muhammad Nejatullah. 2004. Kegiatan Ekonomi dalam Islam. Jakarta: PT. Bumi AksaraSitepu, Novi Indriyani. 2016. Perilaku Konsumsi Islam Di Indonesia. Universitas Syiah Kuala Banda Aceh. Vol. 2, No. 1Sugiyono. 2014. Memahami Penelitian Kualitatif. Bandung: Alfabeta.Sumar’in. 2013. EkonomiIslam: Sebuah Pendekatan Ekonomi Mikro Perspektif Islam. Yogyakarta: Graha IlmuSuwiknyo, Dwi. 2010. Kompilasi Tafsir Ayat-Ayat Ekonomi Islam. Yogyakarta: Pustaka Pelajar.Yin, Robert K. 2003. Studi Kasus (desain dan metode). Jakarta: PT Raja Grafindo Persada.Yin, Robert K. 2015. Studi Kasus: Desain dan Metode. Jakarta: PT Raja Grafindo
ANALISIS STATISTIK DESKRIPTIF TERKAIT PENGGUNAAN FINTECH SYARIAH DI INDONESIA Yahya, Sahlan; Fianto, Bayu Arie
Jurnal Ekonomi Syariah Teori dan Terapan Vol 7, No 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1336-1349

Abstract

This research presents a preliminary study on the use of Islamic fintech in terms of several aspects, namely, socio-economic aspects, geographical aspects, social influence, religiosity. Socio-economic aspects consist of gender, age, education level, income level, and type of work. Geographical aspects consist of the distance of residence from the nearest financial institution and location of residence. Data is collected by giving questionnaires to users of Islamic fintech and non-users of Islamic fintech. The results of this study are in the form of an explanation or excavation of information related to which aspects show the difference between users and non-users of Islamic fintech. This research was conducted because of the lack of research about the use of Islamic fintech in terms of various aspects above. This study contributes to the behavior of Indonesian people in utilizing Islamic fintech as a provider of Islamic financial services in the Industrial Revolution 4.0 era.Keywords: Islamic fintech, socioeconomic aspects, geographical aspects, social influence, religiosity
THE ANALYSIS OF THE BANKRUPTCY LEVEL OF SHARIA INSURANCE COMPANIES IN INDONESIA USING DISCRIMINANT ANALYSIS Ely Rahmawati; Siti Zulaikha
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1412-1424

Abstract

This study aims to determine the effect of financial performance represented by liquidity ratios, investment and liability ratio, claim expenses, ROA, VOC, and company size on bankruptcy risk. This research was conducted on Islamic insurance companies registered with the Financial Services Authority in the period 2012 to 2018. The statistical model used to test the hypothesis in this study is discriminant analysis at the significance level of 5% (α = 0.05). The results showed that the ratio of investment and liability balances, the ratio of claims expenses, the ratio of return on assets (ROA), volume of capital (VOC) and company size significantly influence the risk of bankruptcy of Islamic insurance companies. However, the dominant financial performance ratios that form the discriminant function in Islamic insurance companies are return on assets, the ratio of claim expenses, and company size.Keywords: Financial Performance, Bankruptcy Risk, Altman Z-Score, Sharia Insurance Company

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