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INDONESIA
Falah : Jurnal Ekonomi Syariah
ISSN : 25023918     EISSN : 25027824     DOI : -
Core Subject : Economy,
FALAH: Jurnal Ekonomi Syariah is managed by Department of Islamic Economic, Faculty of Islamic Studies, University of Muhammadiyah Malang (p-ISSN 2502-3918, e-ISSN 2502-7824) This journal published two times a year (Pebruary and August) since 2016. The journal presents the results of research in the field of Islamic Economic, Islamic Banking, Islamic Management and so on.
Arjuna Subject : -
Articles 5 Documents
Search results for , issue "Vol. 6 No. 2 (2021): AUGUST 2021" : 5 Documents clear
The Performance of Sharia Insurance Companies based on Maqashid Sharia Index in Indonesia, Malaysia, and Bahrain: A Comparatif Study Falikhatun Falikhatun; Dhanti Shofia
Falah: Jurnal Ekonomi Syariah Vol. 6 No. 2 (2021): AUGUST 2021
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v6i2.15651

Abstract

This study aims to determine sharia Insurance companies performance according to the Maqashid Sharia index. The study was conducted using Simple Additive Weighting (SAW). The population and sample in this study are from Indonesia, Malaysia and Bahrain from 2016 to 2018. The analysis results show that Sharia Insurance in Indonesia, Malaysia and Bahrain have different performance ratio which is measured from the rank: 1) PT Asuransi Ramayana, Tbk (IDN), 2) AmMetLife Takaful Berhad (MYS), 3) Hannover Retakaful B.S.C (BHR), 4) PT Asuransi Ekspor Indonesia (IDN), 5) Takaful International Co.B.S.C (MYS), and 6) Etiqa Takaful Berhad (BHR). This study implies that the average performance ratio of Sharia Insurance in Indonesia is the best with 57.9%, followed by Bahrain with 29.8% and Malaysia with 27.2%. The results of this study are expected to have implications for the method of assessing the performance of Islamic insurance which does not only focus on financial performance, but also performance based on Maqashid Syariah. In addition, the results of this study are expected to enrich Islamic economics, particularly related to the measurement of sharia insurance performance.
Do Internal Factors of MSMEs Matter in Islamic Bank Financing Decision? Naila Najihah; Devi Permatasari
Falah: Jurnal Ekonomi Syariah Vol. 6 No. 2 (2021): AUGUST 2021
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v6i2.15693

Abstract

The existence of an Islamic bank is expected to play a role in increasing and equalizing the economy, including in supporting the growth of MSMEs. Therefore, it is important to know the character of MSMEs in determining Islamic financing. This study aims to examine the effect of the MSME's firm age (calculated from firm incorporation), firm size (as measured by asset ownership) and the level of religiosity of MSME managers in Islamic banks' financing decisions. This study is quantitatif by nature, and the sample of this study comprised 147 MSMEs. Based on the regression analysis, the results found that the firm size is not proven to be influential. Meanwhile, the firm age had a negative effect and the level of religiosity had a significant positive effect on Islamic bank financing decisions. The results of this study contribute to enriching a clear understanding through empirical evidence about how internal factors of MSMEs can influence their behavior in making financing decisions from Islamic bank.
The Influence of Non-Performed Financing (NPF), Operational Costs, Financing to Deposit Ratio (FDR) and Net Operating Margin to Return on Assets at Indonesian Sharia Commercial Banks Sofyan Halim; Mohamad Torik Langlang Buana
Falah: Jurnal Ekonomi Syariah Vol. 6 No. 2 (2021): AUGUST 2021
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v6i1.16179

Abstract

This study aims to determine the influence of Non-Performed Financing (NPF), Operational Costs,  Financing to Deposit Ratio (FDR) and Net Operating Margin to Return on Assets at Indonesian Sharia Commercial Banks. This research was a quantitative using causal method to analyze the relationship between research variables. Data collected in this study from year 2016 to 2020 from the Financial Services Authority official website www.ojk. go.id. The result found that Non-Performed Financing (NPF), Operational Costs and Financing to Deposit Ratio (FDR) have no significant effect on Return on Assets. While Net Operating Margin has significant positive effect to Return on Assets at Indonesian Sharia Commercial Banks. This research is expected to provide a contribution that can be a solution, suggestion and recommendation that can be used as a reference for decision-makers, especially stakeholders of Sharia Commercial Banks in Indonesia.  The results of this study is expected to add the repertoire of scientific literature, especially studies on the management of sharia financial transactions.
Characteristics of the Sharia Supervisory Board, Sharia Company Size, Zakah, and Islamic Social Reporting on Sharia Banks in Indonesia Rahmawan Arifin; Samsul Rosadi; Arif Nugroho; Tri Wahyuningsih
Falah: Jurnal Ekonomi Syariah Vol. 6 No. 2 (2021): AUGUST 2021
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v6i1.17100

Abstract

This study aims to determine the effect of the characteristics of the Sharia Supervisory Board as proxied by the size of the sharia supervisory board, concurrent positions of the sharia supervisory board, sharia supervisory board meetings, company size, and Zakah on Islamic Social Reporting. Employing quantitative method, this study used panel data of Islamic commercial banks in Indonesia from 2015 to 2019. The data were analyzed using multiple linear regression by employing EViews 9 softwere. The result found that the variable of the size of the sharia supervisory board, concurrent positions of the sharia supervisory board, and the company size have a significant positive effect on Islamic Social Reporting. Meanwhile, sharia supervisory board meetings and Zakah have no effect on Islamic Social Reporting. The results of this study contribute to enriching the discourse of Islamic social reporting of sharia commercial banks in Indonesia, especially in terms of zakah and sharia supervisory characteristics.
The Impact of Macroeconomic Indicators on Zakah Receipt during the Covid-19 Pandemic Era Adilia Rahayu; Prayogo Prasojo Harto; Efri S. Bahri
Falah: Jurnal Ekonomi Syariah Vol. 6 No. 2 (2021): AUGUST 2021
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v6i1.16394

Abstract

This study aims to determine the impact of macroeconomic indicators on Zakah receipt during the Covid-19 pandemic era. This research is associative with the quantitative approach. The research sample is five Zakah institutions obtained based on purposive sampling. Secondary data in the research was sourced from the official website of the relevant institution. The data Analyzed using Partial Least Square-Structural Equation Modeling (PLS-SEM). The results found that inflation had a negative and significant effect on Zakah receipts during the Covid-19 pandemic, while money supply had a significant positive effect on Zakah receipts during the Covid-19 pandemic. On the other hand, gold prices and exchange rates had no significant effect on Zakah receipts during the Covid-19 pandemic. The results of this study contribute to enriching knowledge, especially regarding the macroeconomic impact on Zakah receipts during the Covid-19 pandemic.

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