cover
Contact Name
Aris Munandar
Contact Email
Aris Munandar
Phone
+6282145485255
Journal Mail Official
-
Editorial Address
Jl. Laksda Adisucipto, Papringan, Caturtunggal, Kec. Depok, Kabupaten Sleman, Daerah Istimewa Yogyakarta 55281
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Global Review of Islamic Economics and Business
ISSN : 23387920     EISSN : 23382619     DOI : -
Core Subject : Economy,
The scope or coverage of this International journal will include but are not limited to: Islamic Economics, Islamic Business, Islamic banking, Islamic capital markets, Islamic wealth management, Issues on shariah implementation/practices of Islamic banking, Zakat and awqaf, Takaful, Islamic Corporate Finance, Shariah-compliant risk management, Islamic derivatives, Issues of Shari`ah Supervisory Boards, Islamic business ethics, Islamic Accounting, Islamic Auditing.
Articles 5 Documents
Search results for , issue "Vol. 12 No. 1 (2024)" : 5 Documents clear
Acceleration of the Banking Sector and Economic Growth: Effectiveness of Economic Recovery Strategies Post-Covid-19 Nugroho, Muh Rudi; Rokhaniyah, Siti
Global Review of Islamic Economics and Business Vol. 12 No. 1 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2024.121-01

Abstract

The banking sector around the world is under great pressure due to the current state of the Covid-19. This study investigates how Covid-19 impacts systemic risk in the banking sector across all types of banking lines affected by Covid-19. This study found that all banking lines experienced a significant increase in systemic risk among the types of banking that were sampled initially. By using spillover policies, it is also possible to identify institutions that are systemically important. The analysis was performed using Panel Data Regression, SVAR, and FEVD on individual bank data and macroeconomic data. The findings proved that government policies to drive the business cycle and MSME actors in the context of overcoming the impact of Covid-19, have not shown their effectiveness. This is indicated by the negative response of economic growth to the policies that have been issued. On the other hand, the performance of banking financial institutions also contributes to national economic growth. This is indicated by the sensitivity of the bank's internal variables in responding to national economic growth. Likewise, with the response to government policies and macroeconomic conditions. Therefore, there is a need for an acceleration policy in handling the current national economic recovery.Originality/Value: This paper focus on systematic risk in banking during COVID-19, use of advanced econometric techniques, evaluation of government policies, integration of bank performance and macroeconomic growth, and its assessment of policy effectiveness, and its implications for future economic recovery efforts.
Is Islamic Banking Social Performance Able to Maintain Stock Price Stabilization by Exploring the Role of Profitability As An Intervening Variable? Furwanti, Reni; Adilla, Adilla; Qoyum, Abdul
Global Review of Islamic Economics and Business Vol. 12 No. 1 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2024.121-04

Abstract

This study aims to analyze the effect of profitability as an intervening variable on the Islamic and social performance of Islamic Banking in order to maintain earnings per share. The purpose of maintaining earnings per share is to attract investors to invest in Islamic bank issuers. Therefore, this study also endeavors to forecast Islamic banking stock price volatility for companies listed on IDX and propose a framework for its mitigation. This framework considers the role of social performance in enhancing profitability, utilizing the path analysis method. This study focused on 3 Islamic banking companies (PNBS, BRIS, and BTPS) as a sample, using quarterly data specifically for the period of 2017 to 2021 with a purposive sampling method. In addition, Data sources include financial statements encompassing profit-sharing ratio, distribution of zakat, and distribution of qard al-hasan. Furthermore, this study employed an ARIMA regression model, subsequently adjusted using ARCH (Autoregressive Conditional Heteroscedasticity) and GARCH (Generalized Autoregressive Conditional Heteroscedasticity) as an analysis method for data forecasting. Based on the path diagram, it indicatedd that all hypotheses are accepted except for qard al-hasan, which has a significant and negative effect on profitability and stock prices. Therefore, based on these findings, this study contributes to expanding the scope of knowledge in the field of Sharia finance, as well as offers valuable guidance to Islamic finance industries on maximizing Islamic and social instruments to increase profitability, ultimately leading to a positive effect on stock price volatility.
Empowering Muslim Women-Owned Small and Medium-Scale Enterprises through Women Cooperative Nurullaily, Shulhah; Yasid, Abu; Rahmawati, Lilik; Azka, Moh Shadam Taqiyyuddin
Global Review of Islamic Economics and Business Vol. 12 No. 1 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2024.121-05

Abstract

This research aims to examine the influence of empowerment, business assistance, and entrepreneurial knowledge on business growth and household welfare in Small, and Medium Enterprises owned by Muslim women. The method used is partial least squares structural equation modeling with a sample of 254 Muslim women-owned SMEs who are members of the women's cooperative. The research findings indicate that empowerment and entrepreneurial knowledge play crucial roles as mechanisms for the business growth of Muslim women entrepreneurs and household welfare. Furthermore, the results also suggest that business assistance does not have a significant influence on the business growth of women Muslim entrepreneurs. Overall, the practical implications of these findings underscore the need for the development of more holistic empowerment programs that not only focus on business growth but also consider household welfare
Green Products and Shariah-Compliant Firms in Indonesia & Malaysia: The Role of Board Gender Diversity Ishak; Fresinta, Frifalia Fresinta
Global Review of Islamic Economics and Business Vol. 12 No. 1 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2024.121-03

Abstract

The issue of sustainable development is one of the most critical issues globally, covering almost all human activities. The design of sustainable development was developed by the United Nations (UN) in 2015, and 17 goals are targeted to be achieved by 2030. If grouped, the 17 goals are divided into three issues, including environmental, social, and governance issues. This study aims to analyze the effect of green-labeled products on firm performance and risk. It focuses on Shariah-compliant firms by adding a moderation analysis of gender diversity in the firm's board structure. The scope of this study is companies in Indonesia and Malaysia. This study examined 130 companies from various industries from the period 2014-2022, employing a panel data approach. Utilizing Generalized Least Squares (GLS) regression for panel data estimation, the finding indicated that green products positively affect firm performance proxied by ROA and ROE. Furthermore, our findings indicated that green products positively affect ZSCORE, suggesting a lower firm risk. The presence of female board members was observed to have a negative effect on risk. The findings of this study provide new insights into companies' implementation of green products. They are expected to be taken into consideration in decision-making for companies and regulators.
The Role of Intellectual Capital in Mediating the Impact of Knowledge Management and Innovation in the Halal Batik Industry of Yogyakarta Susanto, Heri; Mubarok, Alvian Alvin; Oetomo, Hadi; Kurniawan, Dedi
Global Review of Islamic Economics and Business Vol. 12 No. 1 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2024.121-02

Abstract

This study aims to investigate the role of intellectual capital in mediating the impact of knowledge management and motivation on halal small and medium-sized enterprises (SMEs) in the batik industry in Yogyakarta. Research on the mediating role of intellectual capital is still relatively novel in Indonesia. The study of the batik industry is particularly compelling, given that batik is an intangible asset recognized as UNESCO's cultural heritage. However, there is a noticeable decline in export value year by year. By focusing on halal batik SMEs, this study explores how halal certification can enhance these businesses' market appeal and export potential. The initial step of this research involves collecting data related to the research variables by distributing questionnaires to batik entrepreneurs in Yogyakarta. Subsequently, tests are conducted using PLS to analyze the results, examining the role of intellectual capital in mediating the impact of knowledge management and motivation on halal SMEs in the batik industry in Yogyakarta. The findings provide insights into how intellectual capital can influence the sustainability and growth of batik enterprises, offering strategies to counteract the declining export values and enhance the overall performance of these culturally significant businesses. Originality/Value: Unlike prior research, which focuses on global views and big industry, this study provides valuable insights for halal SMEs, particularly in the batik industry. The findings aim to elucidate how intellectual capital impacts the sustainability and growth of halal batik enterprises. It seeks to offer strategies to mitigate declining export values and enhance the overall performance of these culturally significant businesses, with a particular emphasis on leveraging the opportunities presented by halal certification.

Page 1 of 1 | Total Record : 5