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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 217 Documents
Intention to Patronise Zakat Institution at Kwara State, Nigeria: An Application of the Decompose Theory of Planned Behaviour Aishat Abubakar Sahban; Fuadah Johari
Falah: Jurnal Ekonomi Syariah Vol. 6 No. 1 (2021): FEBRUARY 2021
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v6i1.15234

Abstract

Patronage is one of the major problems facing zakat institutions in Nigeria. This study aims to analyze the increased zakat collection by examining which factor can encourage patronage of zakat institution in order to increase zakat collection for proper care of destitute in the state and help zakat managers to understand why they should encourage zakat payers with their behavior to be honest and trusted to manage the Muslims wealth. The quantitative research method was applied, a survey questionnaire was conducted among zakat payers, and potential zakat payers in Kwara state and a total of 314 completed survey questionnaires were collected and subjected to structural equation modeling. This study results revealed that attitude and subjective norms influence the zakat payers’ intention to patronize the zakat institution in Kwara state, Nigeria. This research concluded that attitude and subjective norms have positive effects on the intention of zakat payers to patronize zakat institutions in Kwara State.
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.
Islamic Economists in The Early 21st Century View’s on Business Ethics Rahmad Hakim
Falah: Jurnal Ekonomi Syariah Vol. 1 No. 1 (2016): Februari
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v1i1.2691

Abstract

Islamic Economists in The Early 21st CenturyView’s on Business EthicsRahmad HakimProgram Studi Ekonomi Syariah, Fakultas Agama Islam,Universitas Muhammadiyah MalangE-mail: rahmadhakiem@gmail.comABSTRACTThe focus of this study is to determine several thoughts of Islamic Economist of the early 21st Century related on business ethics through their works in Islamic Economics, especially in business ethics. In order to find the deeper and more comprehensive research, The researcher limited this research only to four Islamic Economists of the early 21st Century, such as; M. Umer Chapra, Syed Nawab Haider Naqvi, Mohamed Ariff, Akram Khan. The conclusion of this study are as follows: first, the Muslim economists trying to solve problems that occur particularly in the case of dichotomies in the fulfillment of material needs and non-material need, although there are some flaws. Second, Muslim economists at least try to realize human well-being based on Islamic principles. Third, the Muslim economists are also tried to build the Islamic ethics as a discipline that was not present before.Keywords: Islamic Economist, Business Ethics, Islamic Business
Konsep Wakaf Tunai Dalam Ekonomi Islam: Studi Pemikiran Abdul Mannan Martini Dwi Pusparini
Falah: Jurnal Ekonomi Syariah Vol. 1 No. 1 (2016): Februari
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v1i1.2692

Abstract

Konsep Wakaf Tunai Dalam Ekonomi Islam:Studi Pemikiran Abdul MannanMartini Dwi PuspariniUniversitas Islam Indonesia (UII) Yogyakarta, Indonesia E-mail: martini.dwi293@gmail.comABSTRAKWakaf telah menjadi salah satu instrumen dalam ekonomi Islam yang memiliki spesifikasi khusus dan menjadi pembeda dibandingkan jenis filontropi yang lain. Wakaf mamiliki ciri keabadian, yang artinya apabila harta tertentu telah diwakafkan maka hal itu tidak akan berubah hingga hari akhir. Artikel ini bertujuan untuk menjelaskan konsep dan manajemen wakaf tunai (cash waqf) menurut Abdul Mannan, yang merupakan salah satu pioneer dalam pengembangan wakaf tunai dalam ekonomi Islam. Dengan menggunakan telaah pustaka (literature review) karya-karya Abdul Mannan, dapat disimpulkan bahwa menurut beliau, wakaf tunai memiliki arti yang sangat penting bagi perekonomian negara, sebagai sarana transfer harta kekayaan orang kaya kepada para pengusaha dan warga masyarakat dalam membiayai berbagai program keagamaan, sosial, dan pendidikan dalam negara-negara Islam.Kata Kunci: Ekonomi Islam, Wakaf Tunai, Kesejahteraan Islam.
Multi-Level Marketing (MLM) Perspektif Ekonomi Islam Ahmad Mardalis; Nur Hasanah
Falah: Jurnal Ekonomi Syariah Vol. 1 No. 1 (2016): Februari
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v1i1.2693

Abstract

Multi-Level Marketing (MLM)Perspektif Ekonomi IslamAhmad Mardalis & Nur HasanahSekolah Pascasarjana Universitas Muhammadiyah SurakartaE-mail: nurhasanah@gmail.comABSTRAKDiskursus mengenai praktik Multi-Level Marketing selalu hangat diperbincangkan. Hal ini sebabkan karena terdapat pro-kontra terkait kebolehan praktik ini dalam transaksi barang maupun jasa. Salah satu keuntungan dari produk ini adalah memungkinkan minimalisir biaya distribusi produk yang dipasarkan sangat minim bahkan sampai ke titik nol. Sehingga tidak diperlukan biaya distribusi. Dengan melakukan telaah atas literatur yang relevan, penulis berkesimpulan bahwa dalam menyikapi bisnis MLM, perlu adanya wawasan dan pemahaman yang utuh dan mendalam (kaffah). Sebab segala bentuk bisnis, termasuk MLM, pada dasarnya adalah boleh jika tidak ada hal-hal yang dilarang oleh syariah. Namun jika terdapat unsur-unsur yang diharamkan, maka bisnis tersebut haram hukumnya.Kata Kunci: Multi-Level Marketing, Ekonomi Islam, Syariah Islam.
Diskursus Relevansi Persaksian Perempuan Dalam Transaksi Keuangan Mohammad Deny Irawan
Falah: Jurnal Ekonomi Syariah Vol. 1 No. 1 (2016): Februari
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jes.v1i1.2694

Abstract

Diskursus Relevansi Persaksian PerempuanDalam Transaksi KeuanganMohammad Deny IrawanSekolah Pascasarjana UIN Syarif Hidayatullah Jakarta,Konsentrasi Ushul Fiqh dan HukumE-mail: kimb22@yahoo.comABSTRAKPersoalan transaksi keuangan dalam Islam memiliki ketentuan-ketentuan tertentu untuk menunjung tingginya tingkat kepercayaan yang dilakukan oleh kedua belah pihak dalam bertransaksi. Selain tulis-menulis, persaksian juga berfungsi sebagai salah satu penunjang yang tidak bersifat wajib untuk menjaga kepercayaan dalam bertransaksi. Tulisan ini bertujuan untuk mendiskusikan sejauh mana persaksian itu dibutuhkan dan sejauh mana persaksian wanita itu dapat diaplikasikan. Dengan menggunakan metode penelitian literatur (literature review) dimana diskusi didasarkan pada tinjauan pustaka yang relevan dengan topik dalam tulisan ini. Penulis berkesimpulan bahwa persaksian wanita dalam transaksi keuangan diperbolehkan asalkan memenuhi ketentuan satu laki-laki dan dua wanita serta dua orang laki-laki yang direkomendasikan di awal berhalangan. Jika tidak, maka kesaksian wanita tidak dapat diterima.Kata Kunci: Transaksi, fikih keuangan, persaksian wanita