2024-03-29T11:46:35Z
https://shirkah.or.id/new-ojs/index.php/home/oai
oai:ojs.pkp.sfu.ca:article/206
2019-02-17T11:59:45Z
home:ART
Halal Emotional Attachment on Repurchase Intention
Yoga, Ika
This research examines the position of emotional attachment as a mediation of the influence between halal awareness, halal logos and food ingredients composition on repurchase intention of buying halal products. This research brings sample of those who have consumed or have purchased halal products. Due to the population is unknown, by using the Lameshow formula, a total of 384 respondents were obtained. Halal emotional attachment, as this research shows, is able to play a salient role as a mediator of the influence among three aforementioned variables on repurchase intention. This research would have been an effort to contribute marketing halal products as a new concept of the emotional attachment. Keywords: halal, Lameshow, marketing halal, repurchase intention
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/206
10.22515/shirkah.v3i1.206
Shirkah: Journal of Economics and Business; Vol 3, No 1 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/206/45
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/247
2019-12-25T15:38:27Z
home:ART
Entrepreneurship and Economics of Pesantrens in Lombok Island
Malik, Muhammad Salahuddin
Nurhilaliati, Nurhilaliati
Munir, Zaenal Arifin
economic entrepreneurship
social change, paradigm, pesantren, entrepreneurship
Religion is often alleged for being a barrier to development. Pesantren, as one of the instruments of religious empowerment, has occasionally even become subjects juxtaposed with religious failures. In contrast, pesantren has never been modest and consistently responded to every detail of changes. This is where the innovative and creative behavior of pesantren communities is examined. This study aims to analyze such pesantrens in Lombok island to improve innovation and creativity to enter the economic and business domain. This study enriches the discourse of economic communities in the pesantren for which some have been structured and others are still looking for ideal patterns for the economic changes that occur in society. Keywords: social change, paradigm, pesantren, entrepreneurship
IAIN Surakarta
UIN Mataram
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/247
10.22515/shirkah.v4i2.247
Shirkah: Journal of Economics and Business; Vol 4, No 2 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/247/69
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/291
2020-09-09T06:26:53Z
home:ART
Islamic vs. Conventional Banks in Syria: Analysis on Financial Performances
Aldeen, Khaled Nour
Herianingrum, Sri
al Agawany, Ziad Mhmmad Wafik
finance
Islamic Banks (IBs), Conventional Banks (CBs), Financial Performance, Non-Financial Performance (NPF), Syria
Doubtful finance is the worst nightmare for banks, but this can be avoided if a bank follows a proper strategy to avoid such kind of finance. Due to the violent political crisis in the country, most of the contemporary studies have excluded Syria from their samples. The present study aims to evaluate the performances of Islamic and conventional banks in Syria through a comparative analysis. A secondary aim of this study is to shed some light on the main factors influencing non-performing finance in both Islamic and conventional banks. This study addressed the entire private banking sector in Syria consisting of 11 conventional banks and 3 full-fledged Islamic banks over the period of 2011-2017. To this end, several financial ratios and macroeconomic variables along with independent sample t-test and panel data regression were employed. The results indicated that the Islamic banks were better in terms of assets quality. Panel data regression manifested that gross domestic product growth, exchange rate, finance to deposit ratio, and operating expenses ratio had a significant impact on non-performing finance. This study provides an alluded picture of Syrian private banking sectors that enables authorities to deliberate on the pertinent macroeconomic NPF determinants such as exchange rate and GDP growth.
IAIN Surakarta
2020-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/291
10.22515/shirkah.v5i1.291
Shirkah: Journal of Economics and Business; Vol 5, No 1 (2020); 1-26
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/291/81
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/348
2020-12-28T08:55:55Z
home:ART
Concentration and Specialization of Economic Activities in the Kingdom of Saudi Arabia
Abdelkader, Salim Bourchid
M'hamed, Hamidouche
Zian, Abderrazak Ahmed
Concentration; Economic Activities; Specialization
This study presents several indicators for understanding the structure of economic activities in terms of concentration and specialization in the Kingdom of Saudi Arabia. Subsequently, the theoretical description of the different notions of concentration and specialization relating to geographical or sectors aspect is applied to understand the equality in the distribution of wages and employment levels across the country. Thus, the authors have estimated the most important indexes used in a large part of the academic literature and which are most representative of concentration and distribution, such as the Gini, Herfindahl, Theil, Aigiur, and Krugman indexes for the Kingdom of Saudi Arabia during the year of 2017. The sample used in this study consists of four different kinds of firms (very small, small, medium, and large) of twelve sectors of activities and the wages perceived by employees in thirteen administrative areas in the Kingdom of Saudi Arabia. The data are in the forms of annual reports in the year of 2017 obtained from the General Authority for Statistics of Saudi Arabia. The results obtained certainly facilitate the comprehension of the type of income distribution to the active population by sectors and by administrative areas. As for the implication, this study’s results contribute to enrich statistical data and bring added-value to the knowledge that eventually leads to understanding socioeconomic context of the country.
IAIN Surakarta
2020-12-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/348
10.22515/shirkah.v5i3.348
Shirkah: Journal of Economics and Business; Vol 5, No 3 (2020); 362-385
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/348/99
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/350
2021-12-09T06:08:45Z
home:ART
Factors Contributing to Deficit Spending in Indonesia
Walyoto, Sri
Soebagiyo, Daryono
Hapsoro, Ahmad Luthfi Ridho
Economics; Business; Islamic Economics
Deficit spending, GNP growth, external debt, inflation, interest rate
The issues concerning deficit spending have been a major concern in macroeconomic policies. Each country has a different method to solve the problems, including by devising appropriate deficit spending policies. This study investigates the effect of deficit spending in Indonesia. The effect of deficit management is seen from the sources to finance budget deficit, the efforts that are made, and the ability to contribute to the economy. Another research objective is to identify the magnitude of the effect of deficit spending and its effect on the national economy. This study attempts to explain that the applied model is able to determine the factors that contribute to deficit spending in Indonesia. The findings of this study reveal that both in the short- and long-run, external debts have a positive and significant effect on deficit spending. On the contrary, the economic growth and inflation rate have no significant effect on deficit spending.
IAIN Surakarta
2021-09-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
https://shirkah.or.id/new-ojs/index.php/home/article/view/350
10.22515/shirkah.v6i2.350
Shirkah: Journal of Economics and Business; Vol 6, No 2 (2021)
2503-4243
2503-4235
en
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/472
2022-12-12T14:47:28Z
home:ART
Islamic Finance-Growth Nexus: Evidence from Indonesia
Bella, Firsty Izzata
Mawardi, Imron
Amelia, Ishma
Economics; Islamic Economics; Islamic Finance
Islamic Finance; Islamic Capital Market; Islamic Banking; Finance-Growth; Economic Growth; ARDL-ECM
Previous work on the financial industry, which covers the entire financial services sector and is related to economic growth, has remained limited. This present study empirically analyzed the growth of Indonesia’s three main sectors of the Islamic Financial Industry (Islamic Capital Market, Islamic Banking, and Islamic non-bank Financial Industry) towards economic growth between 2014Q1 and 2021Q3. The quarterly data was processed through the ARDL Bound-test for cointegration and Error Correction Model (ECM). The research revealed three of the four research variables (sharia stock, Sukuk, and sharia insurance) that significantly affect GDP, while Islamic banking shows no significant effect on GDP. As a result, Indonesian Islamic banks must optimize funds for the productive sector. Future policies should consider maximizing the role of the Islamic financial industry to accelerate economic growth.
IAIN Surakarta
2022-09-08
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/472
10.22515/shirkah.v7i2.472
Shirkah: Journal of Economics and Business; Vol 7, No 2 (2022); 139-154
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/472/144
Copyright (c) 2022 Firsty Izzata Bella, Imron Mawardi, Ishma Amelia
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/540
2023-06-20T16:25:21Z
home:ART
Unpacking the Impact of Customer Perceived Value and Competitive Advantage on Customer Loyalty: The Mediating Role of Trust
Basrowi, Basrowi
Ali, Juhary
Suryanto, Tulus
Customer Perceived Value; Competitive Advantage; Customer Loyalty; Trust
costumer perceived value, competitive advantage, trust, consumer loyalty
New studies are needed to illuminate the factors that affect customer satisfaction when using sharia banking services in Indonesia. This is especially significant given the existing study gap regarding Indonesia's relatively low number of sharia bank customers, despite the country's predominantly Muslim population. Instead, many of them prefer to use conventional banks, highlighting the need for a deeper understanding of the reasons behind this trend. This study examined the impact of customer perceived value and competitive advantage on customer loyalty mediated by trust. This investigation employed a quantitative methodology to examine the relationship between consumers' perceived value, competitive advantage, trust, and customer loyalty. The participants of this study were selected from the customer of Bank Syariah Indonesia (BSI), and data were collected through a questionnaire. The sample size was 210, and the researchers utilized random sampling to select participants. To analyze the collected data, the researchers employed structural equation modeling (SEM) analysis. The study results indicate that perceived value, competitive advantage, and trust significantly impact customer loyalty. This study also shows the mediating role of trust in the relationship between variables.
IAIN Surakarta
Universitas Bina Bangsa
2023-04-02
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/540
10.22515/shirkah.v8i1.540
Shirkah: Journal of Economics and Business; Vol 8, No 1 (2023); 60-77
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/540/163
Copyright (c) 2023 Muhammad Basrowi, Prof. Dr. Juhary Raja Ali, Prof. Dr. Tulus Suyanto
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/648
2023-11-30T07:31:31Z
home:ART
Navigating the Nexus: Exploring the Relationship between Intellectual Capital, Financial Performance, and Firm Value
Surya, Andi
Intellectual Capital; Financial Performance; Firm Value
While previous study has drawn attention to the relationship between intellectual capital, financial performance, and firm value, there is still room for empirical research into the role of mediating factor between them. This research aims to determine the role of intellectual capital and financial performance in improving the firm value of the manufacturing companies listed on the Indonesia Stock Exchange. For this study, we collected financial reports from seven manufacturing companies over five years from 2017 to 2021. We employed a quantitative method, specifically path analysis using linear regression analysis, to test our hypotheses. The results demonstrate that there is no effect of intellectual capital on both financial performance and firm value, and no mediating effect exists either. However, the effect of company performance on firm value was established in the study. The research results create a chasm, suggesting three variables to think about when making investment decisions.
IAIN Surakarta
2023-09-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/648
10.22515/shirkah.v8i3.648
Shirkah: Journal of Economics and Business; Vol 8, No 3 (2023); 299-308
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/648/183
Copyright (c) 2023 Andi Surya
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/2
2020-09-09T06:25:02Z
home:ART
The Growth of Sharia Insurance in Indonesia 2015 – 2016: an Academic Forecast Analysis
Muthmainah, Muthmainah
This research is intended to analyze and to forecast the growth of sharia insurance in Indonesia, using Autoregressive Integrated Moving Average (ARIMA) analysis. The variables used in this research are assets, investments, premium, and claims. Quarterly time series data from period quarter I (March 2015) up to quarter IV (December 2016), gathered from Islamic Insurance Statistic Published by Otoritas Jasa Keuangan (OJK), are being carefully examined and academically predicted. As a result, ARIMA analysis show that the growth of sharia insurance in Indonesia has fluctuated, confidently it can be predicted that nominally it will increase in each quarter, including its’ assets, investments, premium and claims. This research would especially contribute to the sharia insurance companies to formulate their strategies in the future. Keywords: sharia insurance, ARIMA, islamic insurance statistic
IAIN Surakarta
2016-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/2
10.22515/shirkah.v1i1.2
Shirkah: Journal of Economics and Business; Vol 1, No 1 (2016); 1-22
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/2/3
Copyright (c) 2016 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/221
2019-02-17T13:43:28Z
home:ART
Carbon Costs of Indonesian Forested Land Conversion to Oil Palm Plantations
Walyoto, Sri
This article analyzes the loss of carbon dioxide (CO2) released in the forest conversion to oil palm plantations. This research data gathered from the relevant secondary data and relate published reports. This research finds that a loss of release of carbon dioxide (CO2) per hectare of US $ 9,800 with a carbon price of USD2 of US $ 14,000 carbon price of USD3 and US $ 19,600 in carbon price of USD4. In addition, this conversion also has a significant impact on global warming (GWP) and global climate change. Keywords: oil palm plantation, CO2 release, GWP, climate change.
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/221
10.22515/shirkah.v3i3.221
Shirkah: Journal of Economics and Business; Vol 3, No 3 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/221/59
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/273
2019-12-26T04:13:04Z
home:ART
The Economic Community of Pesantren Al-Ittifaq: Opposing Market Capitalism and the Improvement of Competitiveness
Fauroni, R. Lukman
This study aims to elaborate on the solution the pesantren economic community takes in dealing with the penetration of market capitalism in the competitive era. This case study was conducted in Pesantren Al Ittifaq Bandung. Pesantren can successfully build a strong economic community through integrated education implementation including role modeling, facilitation, empowerment, and economic culturing in social capital-based communities. This article concluded that high consciousness of cooperation can improve competitiveness and be an appropriate strategy to oppose market capitalism penetration. The community’s capital asset leads to bargaining position and independence in partnership cooperation thereby can be beneficial and results in welfare. Keywords: pesantren, economic community, social capital, capital asset, cooperation, welfare
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/273
10.22515/shirkah.v4i3.273
Shirkah: Journal of Economics and Business; Vol 4, No 3 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/273/76
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/326
2020-09-15T03:47:31Z
home:ART
A Critical Review of the Market Efficiency Concept
Mustafa, Karwan Hussein
Ahmed, Amanj Mohamed
Accounting, finance, business
Critical Review; Market Efficiency; Security Prices
The market efficiency hypothesis has attracted a notable number of economists to conduct investigations in this field. It could be considered as an effective method of driving investors towards the right direction while trading in the security market. A large number of researches believe that the market is efficient in some of its forms, while others take a different view. Drawing on previous theoretical and empirical studies investigating market efficiency and its three forms, this paper critically examines the concept of market efficiency through a critical review from different points of views. Moreover, it highlights a number of empirical tests and their results with regard to the three forms of market efficiency. It also focuses on the influence of market efficiency on the security prices. This paper concludes that the market seems to be more efficient in regards to its weak form instead of the strong and semi- strong forms, as a result, it is difficult to predict future security prices and obtain abnormal profits by only analyzing historical records.
IAIN Surakarta
2020-09-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/326
10.22515/shirkah.v5i2.326
Shirkah: Journal of Economics and Business; Vol 5, No 2 (2020); 271-285
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/326/95
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/409
2021-12-09T06:08:45Z
home:ART
Users’ Experiences of Mobile Financial Services at Rural Areas of Bangladesh
Rahman, Md. Mehadi
Digital Finance; Banking
Digital Finance; Mobile Banking; Mobile Financial Services; Rural Areas of Bangladesh; Users’ Experiences
Mobile Financial Services (MFS) is one of the new innovations of the modern financial system. It nowadays plays a crucial role in banking users’ day-to-day financial activities. This study investigates users’ experiences of MFS at rural areas of Bangladesh. Specifically, this study sought to gain an understanding of to what extent different factors positively or negatively influence users’ experience in using mobile financial services. This study was mainly a survey research. The data were obtained using a questionnaire from a total of 128 MFS users (102 male and 26 female) living in rural areas of Bangladesh who were conveniently chosen from five Upazilla in Barishal city. The findings suggested that MFS users in rural areas of Bangladesh have both positive and negative experiences toward the use of mobile financial services. This study further revealed six major factors that have influenced the users’ positive and negative experiences in general, i.e. perceived usefulness, perceived ease of use, perceived risk, trust, customer and MFS agent relationship, and perceived cost. It was found that the last factor (perceived cost) have generated the users’ negative experiences toward mobile financial services. Therefore, the government and MFS providers are encouraged to work together with some innovative strategies to change the users’ negative experiences into positive experiences of using the mobile financial services.
IAIN Surakarta
2021-07-13
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/409
10.22515/shirkah.v6i2.409
Shirkah: Journal of Economics and Business; Vol 6, No 2 (2021); 161-184
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/409/123
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/434
2022-08-17T11:30:02Z
home:ART
Marketing Strategy for Agrotourism Development in Lampung Province Indonesia
Roslina, Roslina
Nurmalina, Rita
Najib, Mukhamad
Asnawi, Yudha Heryawan
economics
Agrotourism; Analytic Hierarchy Process; Marketing Strategy
The enormous potential for the development of agrotourism in Indonesia has not been explored efficiently due to nonoptimal marketing. Therefore, this research formulated the marketing strategy for the agrotourism sector in Lampung Province Indonesia. Purposive sampling was used to select the respondents based on the criteria of experts with experience, knowledge, or authority in agrotourism. This led to the selection of 12 people in the Department of Agriculture and the Ministry of Tourism and Creative Economy, tourism operators consisting of the Hotel and Restaurant Association (PHRI), the Association of The Indonesian Tours and Travel Agencies (ASITA), and farmers/agritourism partners. Upon the analysis using the Analytic Hierarchy Process (AHP), the results showed that authentic experience should be prioritized with agrotourism actors or partners playing a big role in the marketing process. Furthermore, the addition of attractions with actors or partners is expected to play a key role in offering authentic experiences to tourists as a prioritized alternative strategy. These findings, therefore, showed the need for coordination and collaboration, intensifying marketing communications as well as the provision of tour packages to increase agrotourism marketing in the study area.
IAIN Surakarta
Universitas Lampung
2022-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/434
10.22515/shirkah.v7i1.434
Shirkah: Journal of Economics and Business; Vol 7, No 1 (2022); 70-85
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/434/135
Copyright (c) 2022 Authors
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/498
2023-03-20T06:32:58Z
home:ART
Islamic Banking Financial Inclusion and Tax Revenue in OIC Countries: To What Extent do They Correlate?
Alan Nur, Muhammad
Febriyanti, Annisa Rahma
Rusgianto, Sulistya
Herianingrum, Sri
Islamic Finance; Islamic Banking
Islamic Banking Financial Inclusion, Tax Revenue, OIC Countries
Tax revenue of Organization of Islamic Cooperation (henceforth OIC) countries has not reached the global average, and so has the financial inclusion. Notwithstanding this fact, few researchers have addressed the effect of financial inclusion on tax revenue in the context of Islamic finance while it is undeniably having significant connection to the real sector. Drawing on this crucial issue, the present study calls into the possible effect of Islamic banking financial inclusion on tax revenue in eleven countries of OIC membership consisting of Indonesia, Jordan, Kazakhstan, Kuwait, Malaysia, Nigeria, Oman, Pakistan, Saudi Arabia, Turkey, and the United Arab Emirates in the period of 2013 to 2019. The data were analyzed under the procedure of panel data regression using fixed effect model. The result depicted that Islamic banking financial inclusion, in terms of financial access and financial usage, had no significant effect on tax revenue of the OIC countries. This result is reasonable, since Islamic banking financial inclusion still requires massive promotion particularly by the OIC countries included in this study. Hence, this study leaves an implication for OIC countries to foster Islamic banking financial inclusion as a crucial effort to increase the tax revenue, in which Islamic banks play a promising role for sharia-compliance-based financial transactions in the recent years.
IAIN Surakarta
2022-12-12
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/498
10.22515/shirkah.v7i3.498
Shirkah: Journal of Economics and Business; Vol 7, No 3 (2022); 302-317
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/498/154
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/498/133
Copyright (c) 2022 Muhammad Alan Nur, Annisa Rahma Febriyanti, Sulistya Rusgianto, Sri Herianingrum
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/601
2023-11-30T07:31:31Z
home:ART
Customer Review, Influencer Endorsement, and Purchase Intention: The Moderating Role of Brand Image
Iskamto, Dedi
Rahmalia, Khaerunnisa Fauziah
Business Management; Economics
Brand Image; Customer Review; Influencer Endorsement; Purchase Intention
Investigating the increasing prominence of influencer endorsements and customer reviews represents a crucial and compelling area of research. Influencer endorsement and customer reviews can influence a customer's purchasing interest in a product. This study aims to examine the influence of consumer reviews and influencer endorsement on the purchase intention of Avoskin products, taking into account the role of brand image as a moderator. The study involved 385 skincare enthusiast respondents in Indonesia and used a questionnaire as the data collection instrument. Employing multiple linear regression, the results showed that consumer reviews and influencer endorsement have a positive and significant effect on the purchase intention of Avoskin products. The brand image also plays an important role as a moderator in the relationship between consumer reviews, influencer endorsement, and purchase intention. These findings provide advice to Avoskin to improve product and service quality to improve brand image, and to increase consumer purchase intention through influencer support and customer reviews.
IAIN Surakarta
2023-06-24
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/601
10.22515/shirkah.v8i3.601
Shirkah: Journal of Economics and Business; Vol 8, No 3 (2023); 234-251
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/601/178
Copyright (c) 2023 Dedi Iskamto, Khaerunnisa Fauziah Rahmalia
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/610
2024-03-15T07:23:01Z
home:ART
Exploring the Symbiotic Link: Co-Integration Analysis of the Egyptian Stock Exchange and International Equity Markets
Azrak, Tawfik
Alaeddin, Omar
Co-Integration Analysis; Egyptian Stock Exchange; International Equity Market; Symbiotic Link
The present study addresses the limited discussion on the equity market in the Middle East and North African region (MENA) concerning the spill-over effects from international equity markets. By employing time series techniques, we examine the integration and causality of interdependencies among five major stock exchange markets worldwide: USA, UK, Malaysia, Hong Kong, and Japan, along with their relationship with the Egypt Stock Exchange market. Spanning from March 1998 to January 2018, our study uniquely considers the interaction between developed and developing countries. Our co-integration findings reveal the limitations of international diversification for investors with long holding periods. We highlight the importance of seeking non-co-integrated markets, such as Malaysia and Hong Kong, which were found to be insignificant in this study, for investors aiming to diversify their portfolios and explore interesting long and short-term investment opportunities.
IAIN Surakarta
2024-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/610
10.22515/shirkah.v9i2.610
Shirkah: Journal of Economics and Business; Vol 9, No 2 (2024); 165-183
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/610/198
Copyright (c) 2024 Tawfik Azrak, Omar Alaeddin
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/200
2019-02-17T12:55:52Z
home:ART
Making Economics of Piety: Fashion, Lifestyle and Identity in Pop-Islamism Turn
Dwijayanti, Fransisca
The emergence of young Muslims since the last decade has led Muslim industry to grow rapidly into the market bringing new social era of Islamic fashion. What is the role of religious piety boosting the production the Muslim fashion industry? This article argues that Muslim fashion have embodied within economic part of religion. In addition, this glowing of the industry has been supported by the blooming of such factors as media (Muslim magazines), Muslim designers, Muslim communities, and Muslim fashion stores. The industry of Muslim fashion ultimately becomes one of the most promising industries in fashion retail in Indonesia and other Muslim majority countries. Keywords: Muslim fashion, lifestyle, market Islam
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/200
10.22515/shirkah.v3i2.200
Shirkah: Journal of Economics and Business; Vol 3, No 2 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/200/49
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/267
2019-12-25T15:36:07Z
home:ART
Santripreneurship and Local Wisdom: Economic Creative of Pesantren Miftahul Ulum
Hannan, Abd
Madura is well-known as an island which has been identical to the values of religion. One of the values is the important role of religious institutions, such as pesantren. The role of pesantren as a traditional Islamic institution is not limited to religious areas only, but to other social aspects only, including in economic development. This study examines the economic development of pesantren through analyzing santripreneur based on local wisdom in Pamekasan, Madura, East Java, Indonesia. This study outlines descriptive-narrative explanations regarding the value of Madurese local wisdom, and creative economic santripreneur activities in the pesantren, such as batik crafts, pesantren supermarket, and sharia-based pesantren (ikhtisab) as an economic development strategy in the pesantren of Miftahul Ulum, Pamekasan. Moreover, it offers the idea of pesantren economic development in Madura, especially in the context of strengthening the economic independency and sustainability. Keywords: Madura, santri, entrepreneurship, local wisdom
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/267
10.22515/shirkah.v4i2.267
Shirkah: Journal of Economics and Business; Vol 4, No 2 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/267/68
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/319
2020-09-10T14:50:15Z
home:ART
Family in Top Management Team and Firm Value: Do Gender and Education of Family Manager Matter?
Sumarsono, Hadi
Business; Management; Finance
Corporate Governance; Family Firm Value; Top Management Team; Upper Echelons
The in-hand study sheds some light on empirical relationship between involvement of family members in the top management team and family firm value. Specifically, this study examines how gender and education of family managers affect firm value in Indonesian context. The total sample employed in this study consisted of 935 observations with 235 family companies. The data required in this study were collected from various sources. Drawing on fixed effect regression, the results identified that the involvement of family members in top management team significantly affected the family firm value. It was also revealed that the female family manager had a lower firm value than the male family manager. Moreover, the education level of the family manager positively affected the firm value. These results provide an empirical evidence on how gender and education of family managers influence family firm value. It is further depicted that the results of this study are in line with the upper echelons theory in which the differences in human resources (e.g. gender and education) arisen from the family involvement in a management undeniably affect family firm value. As for the practical contribution, this study suggests that powerful actors in the family firms should be a family member involved in a management. It is also a worth saying that the involvement of family members on the top management teams should consider gender and level of education.
IAIN Surakarta
2020-08-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/319
10.22515/shirkah.v5i2.319
Shirkah: Journal of Economics and Business; Vol 5, No 2 (2020); 146-170
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/319/89
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/388
2021-07-13T23:52:22Z
home:ART
The Debt Status of Commercial Company under Gharimin Perspective
Hardi, Eja Armaz
Arifin, Sirajul
Djamaluddin, Burhan
Islamic Economics; Islamic Philanthropy; Islamic Laws
Commercial Company; Debt Status; Gharim; Gharimin; Zakat
Currently, commercial entity companies are not regarded yet as one of the groups that receive the zakat. This paper examines the debt status and its micro and macro-economic implications of corporations that experienced the debt shackled in the zakat system through analogy on personal gharim (person in the burden debt). The analysis presented here has been designed on a library research, an analogy method, as well as seen from a debt trap theory. This paper particularly argues that in the twist condition of enterprises to repay their debt, a commercial company may be entitled as the recipient of zakat on behalf of gharim (the fifth group who receives the zakat). It further argues that the loan of the commercial company has a larger impact than individual gharim. Synchronizing the entity companies as “syakhsun i’tibariyun” (the legal person) to the personal obligation to pay zakat is matched to be the reasons for their gharim’s status. The results of this paper contribute to expanding the recipient of zakat on behalf of gharim and enhance the insight of zakat distribution in Islamic philanthropy institutions.
IAIN Surakarta
2021-04-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/388
10.22515/shirkah.v6i1.388
Shirkah: Journal of Economics and Business; Vol 6, No 1 (2021); 66-82
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/388/112
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/402
2021-12-31T17:51:00Z
home:ART
Exploring Gamification Strategy for Developing MSMEs during the COVID-19 Pandemic
Saputra, Arief Dwi
Rahmatia, Alfina
Wahyuningsih, Sri Handari
Azhar, Andi
Management and Business; Entrepreneurship; Human Resource Management;
Entrepreneurial Behavior; Entrepreneurship Education; Gamification Strategy
The COVID-19 pandemic brought about employees to be less enthusiastic due to the declining competitiveness and switching systems from offline to online. This study closely scrutinized how gamification strategies assume a part in entrepreneurial behavior on attitudes, subjective norms and behavioral control, and entrepreneurial education through self-efficacy, experience, and program involvement. Purposive sampling was utilized to choose a sample of 442 informants for this qualitative study. The review was carried out through a literature study and reinforced by in-depth interviews. The data was coded using the Nvivo 12 application with word similarity analysis at a maximum percentage of 100%. Based on the results of word similarity, there was a similarity in the relationship related to cluster analysis which classified the mutually supportive roles among variables as a business strategy during the pandemic. Overall, the application of gamification displays an impact on motivation, behavior change, and psychological effects on entrepreneurial behavior and education. The research contribution is utilized to address issues in the role of the organization as a solution to the relationship between gamification strategies and employee performance. The application of gamification strategies plays a role in opening fascinating exploration in the future. Further studies are expected to discuss pertaining business strategies in dealing with unexpected moments such as the COVID-19 pandemic.
IAIN Surakarta
2021-12-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/402
10.22515/shirkah.v6i3.402
Shirkah: Journal of Economics and Business; Vol 6, No 3 (2021); 380-398
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/402/130
Copyright (c) 2021 Arief Dwi Saputra, Alfina Rahmatia, Sri Handari Wahyuningsih, Andi Azhar
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/529
2023-03-20T06:32:58Z
home:ART
You’ve Over the Line! Muslim Consumers are Resistant to Opposite Brand Values
Faza, Firdan Thoriq
Timur, Yan Putra
Mutmainah, Lu'liyatul
Rusgianto, Sulistya
Islamic Marketing
Religious Boycott; Brand Hate; Muslim Consumer-Brand Relationships
The consumer's antagonistic behavior towards brands is hotly discussed because of the political issues it carries. However, factors affecting Muslim consumers to reject a product still requires more paucity of empirical evidence. The current study casts the light on antecedent factors that influence Muslim consumers to reject a product, and on a pattern between the reasons for refusal and the intention to boycott a brand. The online survey was able to reach 450 respondents from the Muslim community. This paper uses scenarios from confirmed cases of Muslim consumer boycotts against Unilever brands in Indonesia. Using the snowball-sampling technique, many of the respondents were from the educated young urban Muslim community. The model was tested using partial least squares-structural equation modeling (PLS-SEM). Moreover, the interaction moderation technique was applied to examine the effect of moderators on the structural model. The results showed that brand hate fully mediates all variables except symbolic incongruity. The results further revealed that brand hate is a construct with three first-order formative triggers (religious animosity, ideological incompatibility, and subjective norms). In addition, this study theoretically contributes to providing clear delineation that brand hate is a dichotomous concept consisting of the dimensions of intention to boycott (intention to incite, intention to avoid, and intention to punish).
IAIN Surakarta
2022-12-12
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/529
10.22515/shirkah.v7i3.529
Shirkah: Journal of Economics and Business; Vol 7, No 3 (2022); 219-238
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/529/149
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/529/146
Copyright (c) 2022 Firdan Thoriq Faza
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/606
2023-09-06T10:13:48Z
home:ART
Cattle Fattening Program: The Effectiveness of Zakat Community Development
Iswanto, Bambang
Dalhudah, Iklimah
Mursyid, Mursyid
Anwar, Idhafiyyah
Islamic Economics; Islamic Banking
Cattle Fattening Program; Zakat Community Development; Zakat Empowerment
Despite many studies on productive Zakat, the focus on the effectiveness of mustahiq empowerment programs has been limited. This study looks at how effective the Zakat community development-based cattle fattening program is towards the empowerment of Zakat recipients. The study measures four indicators of program effectiveness: program target accuracy, program socialization, program objectives, and program monitoring. Data collection techniques include interviews, observation, and documentation. The study found that the program was good at targeting the right people, but it wasn't socialized enough. The program also fell short of its objectives because the recipients weren't making enough money to become donors themselves yet. However, the program was well-monitored, with regular check-ins to make sure it was on track. The study suggests that clearer standards are needed to increase the benefits received by Zakat recipients This study has practical implications for productive Zakat distribution policies, as clear benchmarks are required for implementing programs that increase Zakat recipients' benefits.
IAIN Surakarta
2023-05-03
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/606
10.22515/shirkah.v8i2.606
Shirkah: Journal of Economics and Business; Vol 8, No 2 (2023); 143-160
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/606/170
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/606/169
Copyright (c) 2023 Bambang Iswanto, Iklimah Dalhudah, Mursyid Mursyid, Idhafiyyah Anwar
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/671
2024-03-15T07:23:01Z
home:ART
The Impact of Innovation and Government Intervention on the Performance of Micro, Small and Medium Enterprises
Miar, Miar
Government Intervention; Innovation; Small and Medium Enterprises (MSMEs)
During the COVID-19 pandemic, Micro, Small and Medium Enterprises (MSMEs) experienced a decline in performance due to low product demand. Therefore, various efforts need to be undertaken to enhance MSMEs' performance in Indonesia. Addressing this issue, this research aims to examine the influence of innovation and government intervention in improving the performance of SMEs in Indonesia. The study employs a quantitative approach with a population of MSME actors in Central Kalimantan, a province of Indonesia. Through proportional random sampling, 356 SME operators were identified as respondents for this study. Data were collected using a survey method and analyzed using simple and multiple linear regression. The results indicate that innovation and government intervention have a positive and significant impact on improving MSMEs' performance both partially and simultaneously. Therefore, this research implies that the more MSMEs engage in innovation and with government involvement in efforts to support MSME development, the greater the opportunity to enhance MSME performance in Indonesia.
IAIN Surakarta
2023-11-26
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/671
10.22515/shirkah.v9i2.671
Shirkah: Journal of Economics and Business; Vol 9, No 2 (2024); 122-136
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/671/191
Copyright (c) 2023 Miar Miar
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/208
2019-02-17T12:22:44Z
home:ART
Macro Economic Challenges and Third Party Funds of Islamic Commercial Banks in Indonesia
Anik, Anik
Prastiwi, Iin Emy
This article aims to determine the effect of inflation, the BI Rate, the exchange rate of the rupiah to the US dollar, and the amount of money supply for Third Party Funds (TPF) in Indonesians’ Islamic Banks during 2013-2016. This research method uses multiple regression analysis with time series data; gathering data from 48 samples of which are monthly data on the variables. The result of this research find that the inflation and exchange rate variables have no significant effect on TPF, while the BI Rate variable and the money supply have a significant effect on TPF. In doing so, Islamic banking can pay serious attention to the BI rate and the money supply and in this study the BI rate on the direction of TPF. Keywords: inflation, BI rate, exchange rate, Third Party Funds
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/208
10.22515/shirkah.v3i1.208
Shirkah: Journal of Economics and Business; Vol 3, No 1 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/208/61
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/259
2019-12-24T18:54:06Z
home:ART
Halal Product Guarantee in Indonesia: Regulation and Social Inclusion
Muslimin, JM
social inclusion, regulation, halal product guarantee, consumer protection.
Halal Product Guarantee Act exists to ensure the protection of halal products consumed by Muslim consumers. Since it contains rules that only lead to protecting certain segments of society (Muslim consumers), this rule has become controversial. It is alleged to be potentially discriminatory. An argumentative and critical study shows that this is not factual. Apart from being legally tested, the social facts show that the regulation can be a means for the process of social inclusion: a process where people can respect each other’s communal rights, within the framework of authentic legal togetherness. The method employed is the analysis of legislation in a sociological perspective (sociological jurisprudence). The results of this study are through a series of juridical and sociological examinations, the Halal Product Guarantee Act can qualify as an integrative factor (social inclusion), in doing so it is expected to be an instrument of protecting people's rights (Muslim consumers' rights to get guaranteed halal products). Keywords: social inclusion, regulation, halal product guarantee, consumer protection.
IAIN Surakarta
2019-12-24
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/259
10.22515/shirkah.v4i1.259
Shirkah: Journal of Economics and Business; Vol 4, No 1 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/259/64
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/297
2020-09-09T06:35:30Z
home:ART
What Drives Muzakki to Pay Zakat at Baitul Mal?
Azzahra, Fathin
Majid, M. Shabri Abd
Islamic Economics
Altruism; Faith; Zakat Governance; Ulama; Zakat Economy
The present study empirically explores the factors influencing the decision of Muzakki (zakat payers) to pay zakat at an official institution, i.e. Baitul Mal Banda Aceh, Indonesia. The factors comprise faith, altruism, service quality, role of the zakat economy, and role of Ulama (Islamic scholars). To gather the data, 140 questionnaires were disseminated to the participants who were selected based on the purposive sampling technique. The data were further analyzed by employing a binary logistic regression. The results of this study revealed that faith, altruism, service quality, role of the zakat economy, and role of Ulama significantly and positively affected the decision of Muzakki to pay zakat at Baitul Mal. These findings imply that to attract Muzakki to pay zakat at a Baitul Mal, it not only needs to enhance relevant knowledge about the obligation to pay zakat and its benefits, but it also needs to improve the quality of services provided by the Baitul Mal. All in all, Ulama also has an important role in influencing Muzakki to pay zakat at the Baitul Mal institution.
IAIN Surakarta
2020-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/297
10.22515/shirkah.v5i1.297
Shirkah: Journal of Economics and Business; Vol 5, No 1 (2020); 27-52
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/297/82
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/297/32
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/345
2020-12-29T23:44:04Z
home:ART
Islamic Economics Development in Indonesia: Reflection on Contemporary Thoughts of Muslim Intellectuals
Abidin, Zainal
Islamic Economic Thoughts; Islamic Economics Development; Contemporary Muslim Intellectuals
This study aims to establish the record of accomplishment of the strong hallmark of Islamic economic thought and its contribution to economic development. The ideas rooted from the Muslim intellectuals in Indonesia, the scholars of the State Islamic Religious Colleges (PTKIN) as institutions mandated in developing Islamic economics and human resources, were discussed to outline the multifaceted phenomenon of Islamic economic development. This study scrutinizes ideas conveyed in internationally reputed, Sinta 1-indexed, Web of Science-indexed, or Scopus-indexed journals. This study outlined a qualitative approach in the form of library research using content analysis. This study disclosed that Indonesian Muslim intellectuals brought to light the issue of zakah excessing other themes in the Islamic economy as the solution to perennial problems of the social, political, and cultural conditions of Indonesian society. The results of this study contribute to the views of Islamic economic concept and practice as insights and references of its continuous development in Indonesia.
IAIN Surakarta
2020-12-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/345
10.22515/shirkah.v5i3.345
Shirkah: Journal of Economics and Business; Vol 5, No 3 (2020); 411-435
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/345/101
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/353
2021-12-31T17:49:54Z
home:ART
Global Value Chain: Islamic Economics and Finance Position
Pimada, Laila Masruro
Islamic Finance; Islamic Banking; Islamic Economics
Global Islamic Economy; Halal Industry; Value Chain; Islamic Economics; Islamic Finance
The growing number of Muslim populations promotes significant development on Islamic economic and finance activities called halal industry. While the halal industry is experiencing positive growth in the last four years, the Global Value Chain (GVC) – the chain of system that drives international trades and global economic activities – remains stagnant. The present study aims to explain the position of the Islamic economics and finance in the GVC. This study employs a qualitative-descriptive method with systematic literature review approach. By collecting secondary data using strict-processing stages and content analysis techniques, the author manages to meet the study’s purpose. The findings suggest that the Islamic economics and finance have opportunities to boost countries' participation in the GVC activities by harmonizing halal standardization, enhancing financial infrastructures, and providing various financial products. This study contributes to generate government policies and enterprises' decisions in developing the Islamic economics and finance within the GVC framework. It further provides initial insights and potential topics for future studies.
IAIN Surakarta
2021-12-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/353
10.22515/shirkah.v6i3.353
Shirkah: Journal of Economics and Business; Vol 6, No 3 (2021); 397-314
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/353/126
Copyright (c) 2021 Laila Masruro Pimada
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/487
2022-12-12T14:47:28Z
home:ART
Is Loan Shark an Alternative? The Intentions to Take a Loan from Loan Sharks in Indonesia
Kamal, Safwan
Muslem, Muslem
Mulyadi, Mulyadi
Kassim, Erne Suzila
Zulkifly, Muhammad Uzair
Economic; Islamic Economic
Islamic Finance; Loan Shark; Intention; Knowledge of Usury
Research rarely reaches the discussion of loan sharks. This study describes how intentions are influenced by service, word-of-mouth, and subjective norms, with knowledge of usury acting as a moderating variable. This quantitative study involved 150 respondents. The data collected was analyzed by using structural Equation Modeling (SEM) with SmartPLS 3 Software. According to this study, service significantly affected intention to take a loan from loan sharks but had no influence on word-of-mouth. Though it has no influence on intention, the subjective norm has a significant influence on word-of-mouth. The service on the intention is mediated by word of mouth, which has an influence on the intention. However, word-of-mouth does not act as a mediating variable between subjective norms and intentions. The intention to use the services of loan sharks is significantly moderated by knowledge about usury, which also significantly moderates word-of-mouth and subjective norms. It did not, however, moderate the influence of service on intentions. As a result, it is recommended that the government create Islamic financial institutions not only for the middle class and upper class but also for the lower economic class, which is vulnerable to loan sharks.
IAIN Surakarta
2022-09-08
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/487
10.22515/shirkah.v7i2.487
Shirkah: Journal of Economics and Business; Vol 7, No 2 (2022); 167-186
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/487/146
Copyright (c) 2022 Safwan Kamal, Muslem Muslem, Mulyadi Mulyadi, Erne Suzila Kassim, Muhammad Uzair Zulkifly
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/468
2023-06-20T16:25:21Z
home:ART
Unmasking the Effect of News Media on Islamic Stock Market: Are ASEAN-3 Countries Vulnerable to COVID-19 News?
Rahmi, Syarifa
Fatwa, Nur
Maulana, Agung
Islamic Finance, Islamic Economics, COVID-19
Contagion Index; Fake News Index; Media Hype Index; News Sentiment; Panic Emotion Index; Sharia Stock Index; Sentiment Index
This study provides a novel viewpoint by clarifying the effect of the COVID-19 news on the fluctuations of the Islamic capital market in the ASEAN Region. It aims to explore the effect of news related to the COVID-19 pandemic on the movement of the Islamic stock index in ASEAN-3 countries (Indonesia, Malaysia, Thailand). This research examined five news-related indices: panic emotion index, media hype index, sentiment index, fake news index, and contagion index. The research employed long-term daily secondary data covering one year during the COVID-19 pandemic to test the hypothesis. A total of 1086 data were analyzed using the panel regression method through EViews 9. The findings indicated that news media and the resulting sentiment have the potential to negatively affect the Islamic stock index movement through the panic and media hype index. The excitement and panic caused by the online news media negatively affected the movement of Islamic stock prices in the three ASEAN Islamic stock indexes, whereas fake news and contagion index were found to have no significant effect on the stock index movement.
IAIN Surakarta
Universitas Indonesia, Nusa Putra Universtity
2023-04-04
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/468
10.22515/shirkah.v8i1.468
Shirkah: Journal of Economics and Business; Vol 8, No 1 (2023); 78-94
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/468/165
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/468/119
Copyright (c) 2023 Syarifa Rahmi, Nur Fatwa, Agung Maulana
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/630
2024-03-27T14:36:54Z
home:ART
The Effect of Debt-to-Equity Ratio, Return on Asset, Current Ratio, and Total Asset Turnover on Stock Price: The Intervening Effect of Intrinsic Value in Indonesia’s Retail Business
Nurwulandari, Andini
Wahid, Ririan Safiadi
Debt To Equity Ratio (DER); Return On Asset (ROA); Current Ratio; Total Asset Turn Over (TATO); Nilai Intrinsik.
This study examines the effect of Debt-to-Equity Ratio (DER), return on assets (ROA), current ratio (CR), and total asset turnover (TATO) on stock prices with their Intrinsic Value as intervening variables in retail companies in Indonesia. Data regarding retail companies were obtained from the Indonesia Stock Exchange, and secondary data on these companies' financial ratios were collected from Stockbit. Stock price data were sourced from Yahoo Finance, and the intrinsic value of shares was determined using the price-to-earning ratio method. Drawing on structural equation modeling, the findings demonstrate that DER and ROA exert a positive and statistically significant effect on intrinsic value. TATO, on the other hand, exhibits a negative and statistically significant effect on intrinsic value, while CR demonstrates a negative and non-significant effect. Regarding stock prices, DER and CR have a negative and statistically significant effect, while ROA and Intrinsic Value have a positive and statistically significant effect. TATO, however, shows a negative and non-significant effect on stock prices. Furthermore, DER has a positive and non-significant effect on stock prices through intrinsic value, whereas ROA has a positive and statistically significant effect on stock prices through intrinsic value. CR, on the other hand, exhibits a negative and non-significant effect on stock prices through intrinsic value, and TATO demonstrates a negative and statistically significant effect on stock prices through intrinsic value.
IAIN Surakarta
2023-09-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/630
10.22515/shirkah.v9i1.630
Shirkah: Journal of Economics and Business; Vol 9, No 1 (2024); 1-16
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/630/184
Copyright (c) 2024 Andini Nurwulandari
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/178
2019-02-17T10:27:57Z
home:ART
Laws of Collateral in Today's World in Islamic Perspective
Akhtar, Aqeel
Qureshi, Fahad Ahmed
Butt, Mubeen
Taking from Pakistan State Bank case, this article initially elaborates and critically discusses collateral (in conventional term) and Islamic collateral (rahn). In conventional banking, collateral traditionally refers to secured lending (also known as asset-based lending). Since possession is pre-requisite for binding of the contract, the charge can be registered in this regard to the regulating authority. Third party charge registration in this regard will not be entertained until the debtor scrutinizes it with registration. We argue that it is allowed for a creditor to take one asset as collateral from two debtors and this asset will be considered from both debtors as rahn. Since one single asset is considered from both debtors, the creditor may hold the asset until his whole debt would be paid off. Although this research happens in Pakistan, the case of collateral and rahn can be academic precedence in Islamic global world. Keywords: collateral, rahn, Pakistan state-banking
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/178
10.22515/shirkah.v3i1.178
Shirkah: Journal of Economics and Business; Vol 3, No 1 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/178/41
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/216
2019-02-17T13:41:28Z
home:ART
Integrated Marketing and Customers’ Decision Saving Funds in Islamic Banks
Christiyanto, Wenda Wahyu
Astutik, Mardi
Indonesia has a good market potential for Islamic banking business development. However, the market share of Islamic banks is still far behind the conventional ones. Over 5 years, Islamic marketing mix has been integrated with the contemporary marketing mix. This article prudently examines the decision of society to invest their funds in Islamic banks dealing with the integrated marketing mix. Questionnaires had been distributed to 150 respondents of Islamic banks customers. Using analysis of Structural Equation Modeling based on variance (SEM-PLS), this article shows that the integrated marketing mix has taken an influence on customer purchasing decisions, consisting of pragmatism and product, pertinence and promotion, persistence and process. Keywords: SEM-PLS, Islamic banking, integrated marketing
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/216
10.22515/shirkah.v3i3.216
Shirkah: Journal of Economics and Business; Vol 3, No 3 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/216/58
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/275
2019-12-26T04:13:04Z
home:ART
Creative Industry Development in Pesantren Tebuireng
Al Hasyim, M. Musa
Film, short movie, and animation are one of the sub-sectors in creative industry which are importantly considered for development of Indonesia’s creative economy. Pesantren (Islamic boarding school) have opportunity to get involve it. Kopi Ireng (Komunitas Photography Tebuireng, Tebuireng Photography Community) inspired Tebuireng santri to establish production house, namely Maksi (Rumah Produksi Tebuireng, Tebuireng Production House). Kopi Ireng has won many competitions while Maksi has produced two movies both Binar and Sakinah. Both Kopi Ireng and Maksi are an effort to regenerate the progress of film industry in Indonesia, especially in pesantren. Film in pesantren is something new which is sometimes considered unusually. Some of pesantren claimed that film activity will break the old tradition of santri and pesantren in studying Islamic studies. Both Kopi Ireng and Maksi believe that film is the way to spread dakwah and origin culture of Indonesia in the era of 4.0 industrial revolution. Keyword: 4.0 era, creative industry, film, Pesantren Tebuireng
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/275
10.22515/shirkah.v4i3.275
Shirkah: Journal of Economics and Business; Vol 4, No 3 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/275/78
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/335
2020-12-28T08:55:55Z
home:ART
Institutional Quality and Sukuk Development: A Study of Five OIC Countries
Basyariah, Nuhbatul
Kusuma, Hadri
Qizam, Ibnu
Islamic Finance
Institutional Quality; Islamic Financial Development; Sukuk Development; Worldwide Governance Indicators
The objective of this study is to shed some light on the effect of institutional quality on the development of the global sukuk market. Specifically, this study examines the impacts of the institutional quality that adopts three dimensions of the Worldwide Governance Indicators (WGI), i.e., Rule of Law (RL), Regulatory Quality (RQ), and Government effectiveness (GE) on the global sukuk development of the top-five countries of sukuk issuance, i.e., Malaysia, Kingdom of Saudi Arabia, United Arab Emirates, Indonesia, and Bahrain. Drawing on a quantitative study with the data in the forms of global sukuk issuance from 2002 to 2017, panel-data regression (OLS) and General Method of Moment (GMM) were applied. This study showed that RL and GE have a significantly positive effect on sukuk issuance; however, RQ did not influence the development of the global sukuk market. These results imply that a country that is capable to maintain the institutional quality, especially in terms of rule of law and government effectiveness, will most likely be the country that can successfully develop the sukuk market. These results play a crucial role in filling a research gap among previous studies and provide an empirical evidence of the government’s role and its influence on the sukuk development.
IAIN Surakarta
2020-12-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/335
10.22515/shirkah.v5i3.335
Shirkah: Journal of Economics and Business; Vol 5, No 3 (2020); 286-309
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/335/96
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/341
2021-12-09T06:08:45Z
home:ART
Acceleration of Islamic Bank Financing in Indonesian Agriculture Sector
Mubarok, Faizul
Islamic Economics; Finance; Banking
Agriculture Sector; Exchange Rates; Inflation; Interest Rates; Islamic Banking Financing
Economic instability is a challenge for Islamic banks in channeling financing to various sectors including agriculture. This study aims to shed some light on the influence of economic indicators and the financing response to agriculture sector using monthly data from 2006 to 2020, including data from agriculture sector financing, interest rates, inflation, exchange rates, Islamic stock index, and composite stock index. This study employed Vector Error Correction Model (VECM) method. The results revealed that only interest rates and inflation affected Islamic bank financing in the short and long term period. Islamic bank financing in the agriculture sector reached the fastest stability when responding to exchange rate shocks. The results further showed that interest rates mostly influenced the level of diversity in Islamic bank financing in the agriculture sector. The results suggest that stakeholders need to play a crucial role in stabilizing economic turmoil to accelerate Islamic bank financing particularly in agriculture sector.
IAIN Surakarta
2021-07-13
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/341
10.22515/shirkah.v6i2.341
Shirkah: Journal of Economics and Business; Vol 6, No 2 (2021); 185-204
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/341/118
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/501
2022-08-17T11:30:02Z
home:ART
Knowledge Sharing and Individual Diversity Interaction at Zakat Institutions in Indonesia: Testing the Relationship
Aflah, Kuntarno Noor
Islamic Economic, Human Resource Management, Islamic Work Ethic
Affective Commitment; Employee Performance; Individual Diversity Interaction; Knowledge Sharing; Religiosity
Research on the relationship between knowledge sharing and employee performance is still inconsistent. Hence, this study offers novelty by involving a variable of individual diversity interaction to investigate the effect of knowledge sharing on employee performance as observed by the ability of employees in achieving individual targets in collecting and distributing ZIS (zakat, infak, and alms). This study included 195 respondents that were analyzed with Structural Equation Modelling using AMOS. The results indicated that knowledge sharing has a positive and significant effect on individual diversity interaction. Individual diversity interactions have a positive and significant effect on religiosity and affective commitment. Moreover, religiosity and individual diversity interaction have a positive and significant effect on employee performance. However, affective commitment indicates no effect on employee performance. This study suggests that to improve performance, employees at zakat institutions need to further intensify their knowledge sharing. This study can be utilized as a resource for more research and to upgrade employees' ZIS collection and distribution capacity.
IAIN Surakarta
2022-08-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/501
10.22515/shirkah.v7i1.501
Shirkah: Journal of Economics and Business; Vol 7, No 1 (2022); 86-99
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/501/136
Copyright (c) 2022 Kuntarno Noor Aflah
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/441
2023-06-20T16:25:21Z
home:ART
Factors Influencing Muslim Customer Loyalty: The Mediating Effect of Muslim Customer Satisfaction in Indonesia
Olyvia, Devy Leony
Darwanto, Darwanto
Brand Image; Halal Labeling; Product Quality; Muslim Customer loyalty; Price
McDonald's held the second position in the Top Brand Index for five consecutive years from 2015 to 2020 conducted by Frontier Consulting Group, with participation from customers in eight major cities in Indonesia, including Semarang city. McDonald's experienced a decline in customer loyalty, which poses a challenge for the restaurant to maintain its customer base and attract new customers. Therefore, this research aims to examine the factors that influence Muslim customers' loyalty to McDonald's. The study focuses on Muslim customers with McDonald's subscriptions in Semarang City, with a sample of 144 respondents. The analysis technique used was the Structural Equation Model-AMOS. The study reveals that halal labeling, product quality, and Muslim customer satisfaction have a significant effect on Muslim customer loyalty. The quality and price of the product have a significant effect on Muslim customer satisfaction. Muslim customer satisfaction as an intervening variable cannot mediate all variables on Muslim customer loyalty. Hence, producers should focus on products of al-tayyibat.
IAIN Surakarta
2023-03-20
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/441
10.22515/shirkah.v8i1.441
Shirkah: Journal of Economics and Business; Vol 8, No 1 (2023); 1-18
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/441/159
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/441/112
Copyright (c) 2023 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/629
2023-11-30T07:31:31Z
home:ART
The Relationships between Current Ratio, Firm Age, Good Corporate Governance, and Corporate Social Responsibility: The Moderating Effects of Firm Size
Digdowiseiso, Kumba
Corporate Social Responsibility (CSR); Current Ratio (CR); Firm Age (FA); Good Corporate Governance (GCG); Firm Size
Few studies have explored how firm size moderates the effect of the current ratio, firm age, and good corporate governance on corporate social responsibility. This research examined the effect of current ratio, firm age, and good corporate governance on corporate social responsibility. It explored the moderating effects of firm size on the relationships between current ratio, firm age, and good corporate governance on corporate social responsibility among mining sector companies listed on the Indonesia Stock Exchange from 2017 to 2021. Purposive sampling was used to select 17 different mining firms that met the study's criteria. By applying a moderated regression analysis, the results indicated a negative and statistically insignificant relationship between the current ratio and corporate social responsibility. Corporate social responsibility was positively affected by the maturity of the company and by its commitment to ethical business practices. Meanwhile, there was an inverse relationship between firm size and corporate social responsibility. Furthermore, firm size did not affect the relationship between the current ratio and corporate social responsibility, nor the relationship between firm age and corporate social responsibility. This study revealed that firm size weakened the link between good corporate governance and corporate social responsibility.
IAIN Surakarta
2023-08-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/629
10.22515/shirkah.v8i3.629
Shirkah: Journal of Economics and Business; Vol 8, No 3 (2023); 252-267
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/629/179
Copyright (c) 2023 Kumba Digdowiseiso
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/537
2024-03-15T07:23:01Z
home:ART
Financial Modelling of Metal and Mineral Mining Companies in Indonesia using Altman Z-scores
Nengsih, Titin Agustin
Altman Z-Score Ratio; Financial Modelling; Metal and Mineral Mining Companies; Panel Data Regression
Predictions about a company's financial condition related to bankruptcy are important information for interested parties, such as creditors, investors, government, auditors, and the company's internal management. This research models the financial condition of metal and mineral mining companies through the Altman Z-Score model and panel data regression analysis. This study focuses on a sample of nine companies involved in metal and mineral mining from 2017 to 2022. In this study, the Altman method was used to determine a company's health category using the Z-score standard. Panel Data Regression modelling showed that the fixed model was the best. The partial test results indicated that WCTA and RETA did not affect the Altman Z-score. However, when considering all the ratios simultaneously (WCTA, RETA, MVBV, and STA), they contribute to predicting a company's financial condition. These results highlight the importance of understanding the variables that influence a company's health and progress. Notably, the variables of WCTA, RETA, and STA play a crucial role in determining the Altman Z-score and contribute to our understanding of a company's financial condition.
IAIN Surakarta
2024-03-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/537
10.22515/shirkah.v9i2.537
Shirkah: Journal of Economics and Business; Vol 9, No 2 (2024); 184-197
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/537/199
Copyright (c) 2024 Titin Agustin Nengsih
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/197
2019-02-17T12:32:03Z
home:ART
Seeing A Buddhist Doing Business: An Interview with Sudhamek AWS
Yulianti, Yulianti
This paper discusses an interview with Sudhamek AWS, a well-known Buddhist businessman in Indonesia. Through this interview, the author of this article confidently examines how Sudhamek negotiated the practices of Buddhism and business. The author has conducted a structured interview with Sudhamek directly. Having conducting an interview, the author argues that as a businessman, Sudhamek is not just a businessperson but he is a Buddhist who tries to put his understanding of religion into practice especially related to his way of life. This interview has a salient contribution for opening portray of business values in Indonesian businessman world today. Keywords: business, spiritual economics, Buddhism ethics
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/197
10.22515/shirkah.v3i2.197
Shirkah: Journal of Economics and Business; Vol 3, No 2 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/197/48
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/268
2019-12-25T15:40:20Z
home:ART
Alumni Networks and Economic Reinforcement in Pesantren Ummussabri
Jalil, Abdul
This study discusses the alumni network supporting the economic development of an Islamic institution, namely pesantren. In general, the strong alumni networks lead to strengthening the successful economic sector in the pesantren, since the alumni have a sense of belonging to pesantren. This study focuses on how alumni network contributes significantly to the development of business units in Pesantren Ummussabri, Kendari. Doing participatory observation and in-depth interviews, the study had been conducted in Pesantren Ummusabri, particularly in Empang 99 Paleppo unit. Such information had been gathered from the administrator for pesantren’s business division, alumni coordinator and some informants of Empang 99 Paleppo business unit. This study elucidates that a strong pesantren alumni network can improve the pesantren creatively. It clearly can be seen from how the alumni, who have successfully occupied important positions in the government, have established Empang 99 Paleppo. Keywords: alumni network, pesantren, creative economics, Kendari
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/268
10.22515/shirkah.v4i2.268
Shirkah: Journal of Economics and Business; Vol 4, No 2 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/268/70
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/304
2020-09-10T14:50:15Z
home:ART
Indonesian Consumers’ Intention of Adopting Islamic Financial Technology Services
Purwantini, Anissa Hakim
Noor Athief, Fauzul Hanif
Waharini, Faqiatul Mariya
Accounting;Islamic Economics
Consumers’ Intention; Islamic FinTech; Theory of Planned Behavior
With the rise of Halal Lifestyle in the digital era, Islamic Financial Technology (henceforth FinTech) has increasingly become impactful to economic growth. Islamic FinTech companies are in a dire need to figure out factors that influence the adoption and acceptance of the technology to promote their business. Addressing the issue, this study examines consumers’ intention of using Islamic Fintech services. An online survey was employed to elicit the required data from 75 Indonesian consumers of Islamic FinTech services. The results of data analysis by means of SEM-PLS depicted that perceived usefulness and interpersonal influence were two key factors driving the consumers to use Islamic FinTech services. The results further revealed that compatibility positively influenced perceived usefulness and perceived ease of use, which in turn, affected the consumers’ attitude. Moreover, it was also noted that attitude and internet self-efficacy as perceived behavioral control in decomposition of theory of planned behavior had no significant impact on consumers’ intention. The results of this study theoretically provide a basic model of consumers’ intention in the context of Islamic FinTech. At the same time, FinTech industry users can use the results of the present study as references to come up with appropriate strategy to deal with the market needs.
IAIN Surakarta
2020-08-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/304
10.22515/shirkah.v5i2.304
Shirkah: Journal of Economics and Business; Vol 5, No 2 (2020); 171-196
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/304/91
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/391
2021-07-13T23:52:22Z
home:ART
The Spiritual Values of Islamic Economics in Tasawuf Modern: Scrutinizing the Work of Haji Abdul Malik Karim Amrullah (Hamka)
Hakim, Rahmad
Fanani, Ahmad
Haji Abdul Malik Karim Amrullah; Islamic Economics Ethics; Spiritual Values; Sufism; Tasawuf Modern
Islamic economics has existed since the start of Islamic civilization. However, Islamic economic thoughts established by Indonesian scholars are limited. This exploratory research was carried out to determine the spiritual values of Islamic economics on Hamka's works entitled Tasawuf Modern. Primary and secondary data were collected from Hamka's works entitled Tasawuf Modern and from several papers or books that are relevant to the focus of the research. The data collected were analyzed by combining topics relevant to Islamic economics in modern Sufism and other secondary sources. Content analysis was used for data analysis. The results of this study revealed that, according to Hamka, the richest people are those that need the least. The true wealth lies in the contentment of the soul (qana'ah). Good wealth represents virtue and prohibiton for extravagancy and excessive consumerism. Further, humans need to be in between to carry out good deeds. The results of this study contribute to enriching the discourse of Islamic economic thought, especially in Islamic economic ethics and the role of ethics in business.
IAIN Surakarta
2021-04-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/391
10.22515/shirkah.v6i1.391
Shirkah: Journal of Economics and Business; Vol 6, No 1 (2021); 83-100
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/391/113
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/464
2022-08-17T11:30:02Z
home:ART
Factors Strengthening the Fundamental Concept of Human Relations in Islamic Financial Institutions of Indonesia
Sukardi, Budi
Fachrurazi, Fachrurazi
Asmanto, Eko
Islamic Economics
Fundamental Concept of Human Relations in Islam; Islamic Financial Institutions (IFIs); Islamic Banking
This study seeks to manifest the factors in strengthening and improving the fundamental concepts of human relations in Islamic banking including motivation, concepts and perceptions of individuals, power, decision-making, communication, leadership, mentality, social environment, individual differences, and human dignity. They are scrutinized in Islamic financial institutions in Indonesia. This quantitative study employed a non-experimental approach. 38 Islamic financial institutions were involved as the representative sample. Data from the questionnaire were analyzed using factor analysis to reduce the data by summarizing several factors and renaming them as new factors. Verification using factor analysis with correlation matrix showed that the human dignity provides a significant relationship to all factors in human relations in Islam with a significance of 0.05. All factors were found valid with the highest validity of 0.802 (human dignity). The results of the reduction factor brought up three new factors social, psychological, and leadership factors. This study proves that the essential components to strengthen and improve human relations in Islamic banking are implementing and improving social, psychological, and leadership aspects.
IAIN Surakarta
2022-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/464
10.22515/shirkah.v7i1.464
Shirkah: Journal of Economics and Business; Vol 7, No 1 (2022); 17-32
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/464/132
Copyright (c) 2022 Budi Sukardi, Fachrurazi Fachrurazi, Eko Asmanto
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/483
2023-03-20T06:32:58Z
home:ART
Capital Structure Adjustment Speed in Indonesia: Does Sharia Compliance Matter?
Pujiastuti, Arum
Saefudin, Saefudin
Yunita, Rizki Dini Shandra
Astuti, Yuni
Finance; Islamic Economic; Business
Capital Structure; Sharia Compliance; Speed of Adjustment
Leverage Speed of Adjustment (henceforth SOA) has previously been studied by researchers; however, the examination of its connection with sharia law has been overlooked. The majority of the literature currently in circulation comes from the Middle East and North Africa (MENA) region and Malaysian markets, so its implications for businesses in Indonesia may not be applicable given local regulations and cultural norms. This study investigates the distinction in the debt levels and the SOA of firms in Indonesia based on compliance to sharia law. The Two-step Generalized Method of Moment (GMM) model was used to calculate the SOA in the leverage model. We discover that sharia compliance plays a role in stimulating the Indonesian firm’s level of debt and leverage SOA. To put it more precisely, sharia firms use less debt and have a slower SOA than conventional firms. Overall, Indonesian firms implement the dynamic trade-off theory in their leverage framework. Instead of relying on conventional debt, which is only available at certain levels, sharia firms must issue Islamic debt instruments to accelerate the speed of adjustment. Even after a robustness test using various sharia compliance approaches, our results remained consistent.
IAIN Surakarta
2022-12-12
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/483
10.22515/shirkah.v7i3.483
Shirkah: Journal of Economics and Business; Vol 7, No 3 (2022); 239-252
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/483/150
Copyright (c) 2022 Arum Pujiastuti, Saefudin Saefudin, Rizki Dini Shandra Yunita, Yuni Astuti
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/490
2023-09-06T10:13:48Z
home:ART
Non-Muslims' Intention to Consume Halal Food in Indonesia
Lubis, Arowadi
Setyono, Joko
Economic; Management
Intention; Attitude; Subjective Norms; Perceived Behavioral Control; Religiosity; Halal Food
The effect of religiosity on intention to consume halal food among non-Muslims on a national scale has not been examined in previous studies. This research aims to gauge the acceptance of non-Muslims toward halal-certified food in Indonesia by investigating the effect of attitude, subjective norms, perceived behavioral control, and religiosity on the intention of non-Muslims to consume halal food. Data was collected from 250 respondents in each province using convenience sampling and analyzed using PLS-SEM. The results show that attitude, subjective norms, and religiosity significantly affect intention, while perceived behavioral control does not show significance. Theoretical implications of this research lie in its potential contribution to the academic discourse surrounding the acceptance of halal-certified food among non-Muslim people. Additionally, this study is expected to yield practical benefits by informing campaigns aimed at promoting halal-certified food among non-Muslims.
IAIN Surakarta
2023-05-20
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/490
10.22515/shirkah.v8i2.490
Shirkah: Journal of Economics and Business; Vol 8, No 2 (2023); 172-188
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/490/172
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/490/127
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/490/128
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/490/129
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/490/130
Copyright (c) 2023 Arowadi Lubis, Joko Setyono
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/657
2024-03-15T07:23:01Z
home:ART
Unlocking MSME Performance: The Interplay of Financial Literacy, Financial Inclusion, and Financial Technology Lending with Venture Capital Mediation
Hasanudin, Hasanudin
Panigfat, Fahrudin
MSME Performance; Financial Literacy; Financial Inclusion; Fintech Lending; Business Capital
Studying the dynamic relationship among financial literacy, financial inclusion, fintech lending, and business capital mediation in the context of MSME performance is intriguing due to the intricate interconnections between these variables. This paper sought to assess the effect of financial literacy, financial inclusion, and fintech lending on the MSME performance in North Maluku Province, Sula Islands Regency, Sanana District, Indonesia. This research employed business capital as the mediating variable. Using a structural equation modelling, this study indicates that financial literacy, financial inclusion, and fintech lending have a positive and significant effect on the performance of micro, small, and medium enterprises. The presence of business capital can serve as a mediating factor in how financial literacy, financial inclusion, and fintech lending affect the performance of micro, small, and medium enterprises.
IAIN Surakarta
2023-11-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/657
10.22515/shirkah.v9i2.657
Shirkah: Journal of Economics and Business; Vol 9, No 2 (2024); 137-148
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/657/192
Copyright (c) 2023 Hasanudin Hasanudin, Fahrudin Panigfat
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/185
2019-02-17T12:28:14Z
home:ART
Macroprudential Policy on Sharia Banking Financing: The Indonesian Experience
Cahyono, Eko Fajar
Rani, Lina Nugraha
Islamic Economics
Macroprudential Policy, Islamic Bank
The locus of macroprudential policy persuading banks has recently attracted significant attention for such research. Whether and to what extent macroprudential policies established by Bank Indonesia against sharia banks have not researched yet in previous empirical studies. Gathering data during 2008-2016, this article examines the impact of macroprudential policy on credit risk-taking by sharia banks in Indonesia. This research approach uses dynamic panel data analysis technique to investigate the relationship between risk-taking of sharia bank credit and macroprudential policy for a bank in Indonesia good sharia banking. This research shows that there is the influence of Bank Indonesia's macroprudential policy toward murabaha financing in Indonesia. Keywords: macroprudential policy, credit risk, sharia bank
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/185
10.22515/shirkah.v3i2.185
Shirkah: Journal of Economics and Business; Vol 3, No 2 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/185/47
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/261
2019-12-24T18:54:06Z
home:ART
Malmquist Productivity Index on Islamic Economics and Finance Research
Rusydiana, Aam S.
Marlina, Lina
Rani, Lina Nugraha
Islamic Economics
Malmquist Index; Productivity; Islamic Economics and Finance
This study proposes to review the implementation of Malmquist Productivity Index (MPI) in such research publications on the theme of Islamic economics and finance. It employs descriptive statistical analysis based on selected 102 article publications. The entire sample publications have published from 2006 to 2019. The results show that research using the MPI method has still been dominated by Islamic banks issues (73%) followed by Islamic insurance or takaful issue (12%), then zakat (8%), and Islamic microfinance issue (4%). The rest are issues about halal industry, waqf and Islamic REIT. Malaysia, Indonesia and Pakistan are the 3 countries with the most study areas compared to other countries. In addition, many MPI applications are implemented along with the use of DEA methods for measuring efficiency. The most approach used in 102 studies is the production and intermediation approach. Keywords: Malmquist Index, productivity, Islamic Economics, finance
IAIN Surakarta
2019-12-24
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/261
10.22515/shirkah.v4i1.261
Shirkah: Journal of Economics and Business; Vol 4, No 1 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/261/66
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/303
2020-09-09T06:35:33Z
home:ART
Consumer Behavior toward the Use of Credit Cards: The Empirical Evidence from Iraq
Ahmed, Amanj Mohamed
Accounting, Banking and Finance
Credit Card; Consumer Behavior; Banking Sector
Credit card is a payment tool in the modern world and it is being called the plastic money. In Iraq and especially in Kurdistan region, the credit card utilization now is appealing to be more attractive. To address this issue, the present study sheds some light on the impact of credit cards on the consumer behavior and the benefits of credit cards for people of Kurdistan, Iraq. The data were obtained from 40 participants consisting of academicians in the related field, managers of banks, and credit card users by means of questionnaires. A range of variables that agreed to demographic information, such as level of education, gender, and income, were also considered. Drawing on chi-square and modeling analysis, the results portrayed a positive relationship between the costumer information and their behavior in using credit cards. The results of this study further suggest that since people in Kurdistan region of Iraq would like to apply credit cards in all aspects of life, the financial institutions should provide accessible information and valuable services. All in all, from this study it is implied that the “plastic money” makes a revolution in banking industry across the world and nowadays electronic banking becomes familiar to the world.
IAIN Surakarta
2020-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/303
10.22515/shirkah.v5i1.303
Shirkah: Journal of Economics and Business; Vol 5, No 1 (2020); 53-69
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/303/83
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/343
2021-07-13T23:52:22Z
home:ART
Responsibility and Accountability of University Social and Environmental Performances: A Sustainability Balanced Scorecard Model
Pertiwi, Imanda Firmantyas Putri
Puspita, Rosana Eri
Saifudin, Saifudin
Economics, Islamic Economics, Management, Accounting
Responsibility and Accountability; Social and Environmental Performances; Sustainability Balanced Scorecard
Since research on the use of sustainability balanced scorecard to assess university social and environmental performances still remains unexplored, this study aims to fill the gap by examining the acceptance of the idea of the State Islamic Religious Colleges (PTKIN) performances in terms of responsibility for social and environmental aspects based on the sustainability balanced scorecard model. Drawing on a qualitative research, eight respondents from the Board of National Accreditation for Higher Education (BAN-PT) and PTKIN policymakers were interviewed. The results indicated that PTKIN must pay more attention to social and environmental perspectives. It was further revealed that although BAN-PT regulation has explicitly included these two perspectives, there were several indicators that still need to be added according to the sustainability balanced scorecard model. Moreover, the results depicted several challenges such as budgeting, regulations, and paradigms that required some adjustment from the policymakers. These results contribute as fruitful insights for university policymakers in developing strategies to enhance university performances, particularly in social and environmental aspects.
IAIN Surakarta
2021-03-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/343
10.22515/shirkah.v6i1.343
Shirkah: Journal of Economics and Business; Vol 6, No 1 (2021); 1-17
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/343/108
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/431
2021-12-31T17:49:54Z
home:ART
The Determinant of Indonesian Stock Returns’ Volatility: Evidence from Islamic and Conventional Stock Market
Indarwati, Septiana
Widarjono, Agus
Islamic banking and Finance
Conventional Stock Price; Islamic Stock Price; Macroeconomic Variable; Stock Return; Volatility
Islamic stock market is apparently different from the conventional stock market due to the prohibition of unlawful goods and excessive risk-taking behavior. This study explores the extent to which the Indonesian Islamic and conventional stock returns' volatility responds to the macroeconomic indicators. This study employs Jakarta Islamic Index (JII) and Indonesian Stock Exchange (IDX) and uses monthly time-series data covering 2001: M1 - 2019: M12. The volatility of stock returns is measured using Generalized Autoregressive Conditional Heteroskedasticity (GARCH). By employing the Autoregressive Distributed Lag Model (ARDL), the results validate the evidence of the long-run relationship between the stock market's volatility and macroeconomic variables. A rising in money supply and an economic upturn reduce the volatility of conventional stock returns but only an expansionary money supply diminishes the volatility of Islamic stock returns. Conversely, high inflation and sharp depreciation of the Rupiah boost the stock returns' volatility. The results further show an interesting finding that the Islamic stock market's volatility is more responsive to changes in macroeconomic indicators than the volatility of their counterpart conventional stock market. Policymakers should take strict rules during the worst economic conditions to minimize the negative impact of the instability of macroeconomic variables.
IAIN Surakarta
2021-12-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/431
10.22515/shirkah.v6i3.431
Shirkah: Journal of Economics and Business; Vol 6, No 3 (2021); 277-296
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/431/125
Copyright (c) 2021 Septiana Indarwati, Agus Widarjono
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/447
2022-12-12T14:47:28Z
home:ART
Performance, Competence, Job Satisfaction, and Financial Compensation of Cosmetics Salesforce during the COVID-19 Outbreak
Suseno, Bambang Dwi
Sofa, Indah Hartini
Widayanto, Mohammad Tri
Basrowi, Basrowi
Business
Competence; Cosmetic Industry; Financial Compensation; Job Performance; Salesforce Performance
The COVID-19 pandemic caused a decrease in sales turnover for the cosmetic industry, causing salesforce performance to be unsatisfactory. The study developed a model to improve the performance of the cosmetics industry in Banten Province of Indonesia. This quantitative study employed SmartPLS 3.3.2 version to analyze the data obtained from 120 respondents through observations and questionnaire. The results of the empirical model with SEM-PLS revealed that competence has a significant positive effect on financial compensation, competence has a significant positive effect on salesforce job satisfaction, salesforce job satisfaction has a significant positive effect on salesforce performance, financial compensation has no effect on salesforce performance, and salesforce performance has no effect on financial compensation. It is recommended that the cosmetic industry recalculate the amount of compensation appropriately according to measurable performance to yield an impact on salesforce performance. This study highlights the importance of competence-based compensation for fostering self-improvement of employee.
IAIN Surakarta
2022-09-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/447
10.22515/shirkah.v7i2.447
Shirkah: Journal of Economics and Business; Vol 7, No 2 (2022); 187-200
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/447/147
Copyright (c) 2022 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/615
2023-06-20T16:25:21Z
home:ART
Generation Z’s Brand Love for Skincare Products: Do Religious Beliefs Matter?
Waluyo, Waluyo
Qurniawati, Rina Sari
Nurohman, Yulfan Arif
Brand Identity; Brand Love; Brand Loyalty; e-WOM; Religious Beliefs
To date, there has been no prior research examining the relationship between brand love as a determinant of brand loyalty and e-WOM specifically for halal skincare products. This study investigates how Muslim Generation Z might love a brand because of their religious beliefs and brand identity, resulting in brand loyalty and e-WOM that benefits the company. The questionnaire for this study was completed online by 120 participants from three cities in Central Java, Indonesia, namely Semarang, Salatiga, and Surakarta. The model was tested using PLS-SEM. The results of the research revealed that religious beliefs and brand identification affected brand love, whereas brand love affected brand loyalty and e-WOM. From this research, it can be seen that branding cannot be separated from faith. Muslims like brands that reflect their religious values and allow them to identify as Muslims. Therefore, marketers must have a comprehensive understanding of the halal concept in the manufacturing and production processes of halal skincare.
IAIN Surakarta
2023-04-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/615
10.22515/shirkah.v8i1.615
Shirkah: Journal of Economics and Business; Vol 8, No 1 (2023); 95-108
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/615/166
Copyright (c) 2023 Waluyo Waluyo, Rina Sari Qurniawati, Yulfan Arif Nurohman
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/667
2024-03-27T14:36:54Z
home:ART
A Legal Perspective on the Antecedents of Consumer Protection in Digital Financial Services
Wardhani, Novea Elysa
Consumer Awareness; Consumer Protection; Data Privacy; Regulatory Landscape; Technology Integration
This research delves into the factors influencing consumer protection within the context of digital financial services, with a focus on the regulatory landscape, technology integration, consumer awareness, and data privacy. The primary objective is to analyze the impact of these factors on the improvement of consumer rights and safety. A quantitative approach was employed, utilizing data collected through surveys of digital financial service users. Confirmatory factor analysis was used to validate the measurement model, followed by structural equation modelling to test the hypotheses. The results demonstrate the significant and positive impact of the regulatory landscape, technology integration, consumer awareness, and data privacy on consumer protection. This study theoretically contributes by empirically confirming the role of these factors in consumer protection in digital financial services. From a practical standpoint, it underscores the importance of robust regulations, seamless technology integration, and effective consumer awareness initiatives in upholding consumer rights and safety. However, it is important to acknowledge certain limitations within this study. Its context-specific nature may restrict its generalizability to other regions, and the analysis primarily focuses on antecedent factors while neglecting potential influences from other variables. Nevertheless, this study's novelty lies in its comprehensive exploration of the foundational factors and their profound impact on consumer protection in the digital financial services landscape, furnishing valuable insights for informed policymaking and industry practices.
IAIN Surakarta
2023-10-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/667
10.22515/shirkah.v9i1.667
Shirkah: Journal of Economics and Business; Vol 9, No 1 (2024); 17-32
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/667/185
Copyright (c) 2023 Novea Elysa Wardhani
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/180
2019-02-17T10:33:07Z
home:ART
Creative Economic Development of Pesantren
Bawono, Anton
This article mostly focuses on the values performed by pesantren (Islamic boarding school) in taking influence of creative economics within the community. Three factors observed in this paper mainly but may relate to other variables are embedded traditional values, technological resources and the role of ustadz and kyai engaged in the creative economic process. Taking several pesantren in Java and Yogyakarta as research sites, while conducting multiple regression as technique of analysis, this research shows that aforementioned variables have a positive and significant influence on developing creative economic of pesantren. Creative economic of pesantren largely invites more elaborative research, while this research can be a preliminary contribution to the field of new economic challenges within Islamic society.Keywords: pesantren, creative economics, kyai, ustadz
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/180
10.22515/shirkah.v3i1.180
Shirkah: Journal of Economics and Business; Vol 3, No 1 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/180/40
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/194
2019-02-16T02:05:15Z
home:ART
Generation XYZ’s Perception on Zakat Mal and Tax: The Planned Behavior Perspective
Saragih, Arfah Habib
The research aims to apply the theory of planned behavior to predict respondents’ intention of offering zakat mal (wealth) and tax payment. The research brings questionnaires, aiming to generate a descriptive research. Technique of analysis being applied is the Partial Least Square (PLS) with SmartPLS software. The descriptive statistics shows that respondents have deep understanding between zakat mal and tax. In addition, the analysis using PLS reveals that attitude, subjective norm, and behavioral control influence one’s intention to pay zakat mal and tax, while behavioral intention affects actual behavior in paying the two. Keywords: zakat mal, tax, planned behavior
IAIN Surakarta
-
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/194
10.22515/shirkah.v3i3.194
Shirkah: Journal of Economics and Business; Vol 3, No 3 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/194/57
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/272
2019-12-26T04:13:04Z
home:ART
Multiplier Effects of Pesantren Walindo
Ismanto, Kuat
Nasrullah, M.
This study aims to investigate the multiplier effects of business run by pesantren in economic, education, and social fields. It is a field research conducted in Pesantren Walindo, Siwalan district, Pekalongan. By using qualitative approach, the data were collected through observation, interview, and documentation. The presence of the researcher was the key point in obtaining the data. The deep interview was conducted to some related parties, such as kyai, managers, and santri (students). This study reveals several findings. First, there is significant effect of developing business in Pesantren Walindo on its development and independence because it can cover 60% of operational funding without drawing fee from the santri. Second, related to the business units development, this pesantren is able to strengthen the sense of entrepreneurship in santri’s spirit. The business unit management run by the santri along with kyai and nyai build their business awareness which can be their foundation after they graduate from this pesantren. Third, regarding the social filed, the relationship between the pesantren and the society are conducted both in the form of partnership and other kinds of relationship which bears the sense of belonging of the society toward the pesantren and their trustworthy to register their children there. Keywords: pesantren, multiplier effects, pesantren business units
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/272
10.22515/shirkah.v4i3.272
Shirkah: Journal of Economics and Business; Vol 4, No 3 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/272/77
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/283
2020-12-28T08:55:55Z
home:ART
Indonesian Islamic Commercial Banks’ Efficiency: A Stochastic Frontier Analysis
Rusmita, Sylva Alif
Putri, Devy Ariesta
Financial Costs; Financial Profits; Islamic Banks Efficiency; Stochastic Frontier Analysis
Islamic banks in Indonesia are continuously experiencing a rapid growth; thus, it results in a competitive financial sector. Consequently, maintaining an excellent performance is a prerequisite to gain customers’ trust and loyalty, one of the ways is enhancing productivity and efficiency performance. Drawing on this issue, the present study aims to examine the efficiency of Islamic banks listed in the Financial Services Authority (OJK) in the period of 2015 to 2019. Employing Stochastic Frontier Analysis (SFA) as a parametric approach, this study measured the efficiency level of cost and profit efficiency of the Indonesian Islamic commercial banks. The data were a cross-section and panel data obtained from financial reports established by seven Indonesian Islamic commercial banks. The result of frontier analysis on the efficiency costs showed that the value of sharia banks’ average efficiency in Indonesia was approximately 93.41%, while the efficiency of profit resulted in 55.35%. These results suggest that Islamic banks tend to be efficient in controlling costs from the year of 2015 to 2019. It is a worth saying that this study’s results contribute to providing fruitful insights for Islamic banks to increase their efficiency by controlling their cost of production such as the cost of funds and cost of operation.
IAIN Surakarta
Funding by Faculty of Economics and Business University of Airlangga
2020-12-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/283
10.22515/shirkah.v5i3.283
Shirkah: Journal of Economics and Business; Vol 5, No 3 (2020); 386-410
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/283/100
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/385
2021-12-09T06:08:45Z
home:ART
Technology Readiness and Digital Competing Capabilities: Digital Value Resonance
Panjaitan, Roymon
Moonti, Agustinus
Adam, Echan
Management
Digital Competing Capabilities; Digital Consumer Habits; Digital Value Resonance; Innovation Products; Technology Readiness
The digital economy for MSMEs still possesses complex problems in the debate over technology readiness and competitive digital capabilities. The increase of dynamic product innovation changes is only effectively supported by digital value resonance. Addressing this issue, this research aims to explore the readiness of technology and the ability to compete digitally for innovative products through the resonance of digital value, especially for multi-business businesses. The data were collected from 170 respondents of small and medium-sized businesses through questionnaires. SEM-PLS techniques were used to analyze the data with a path mediated by digital value resonance on product innovation. The results showed that the resonance of digital value successfully mediated the relationship of technological readiness and digital competing capabilities, as well as direct links to the improvement of innovative products. Digital consumer habits also successfully strengthened the relationship of technological readiness and digital competing capabilities on the resonance of digital value. The advantages of this research lie in the synthesis of proposed digital value resonance variables from the results of resource-based view theory propositions in bridging the previous researcher gaps and contributing as a conceptual novelty model that can personalize digital value in the level of competition and increase MSMEs innovation products.
IAIN Surakarta
2021-07-13
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/385
10.22515/shirkah.v6i2.385
Shirkah: Journal of Economics and Business; Vol 6, No 2 (2021); 205-226
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/385/119
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/451
2022-08-17T11:30:02Z
home:ART
Halal Marketplace: The Influence of Attitude, Subjective Norms, and Perceived Behavior Control on Purchase Intention of Muslim Consumers
Fuadi, Nasrul Fahmi Zaki
Bukhori, Baidi
Firdiyanti, Shovia Indah
Consumer Behavior; Halal Marketplace; Muslim Consumers; Perception; Purchase Intention
Halal is currently a global concept that is becoming more universally recognized. Strengthening the digital economy is advocated by the 2019–2024 Indonesian Islamic Economic Masterplan (MEKSI), whose primary target is the halal market. Drawing in this issue, this study scrutinizes the influence of attitude, subjective norms, and perceived behavior control on the purchase intention of Muslim consumers in the halal marketplace. This study involves the Muslim community in Semarang, Indonesia. Taking a sample of 100 respondents, this quantitative study was used with multiple linear regression. The results demonstrated that Muslim consumers have a good understanding of the halal market. An individual's understanding of the halal market improves with increasing levels of education. Subjective norms and behavior control have a significant influence on the purchase intention of Muslim consumers in the halal marketplace. Attitude does not significantly influence Muslim consumers' purchase intentions in the halal marketplace. The outcomes of this research are anticipated to be helpful to Muslim consumers and entrepreneurs in encouraging competitiveness and sales so they may create a digital platform-based halal marketplace ecosystem in light of KNKS' expectations.
IAIN Surakarta
2022-08-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/451
10.22515/shirkah.v7i1.451
Shirkah: Journal of Economics and Business; Vol 7, No 1 (2022); 100-112
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/451/138
Copyright (c) 2022 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/520
2023-06-20T16:25:21Z
home:ART
The Mawar Emas Program for Fighting Moneylenders
Mas'ud, Riduan
Said, Jamaliah
Azizurrohman, Muhammad
Islamic Economic
Mawar Emas, moneylenders, evaluation, West Nusa Tenggara
The Mawar Emas Program, a program aimed at countering moneylenders in West Nusa Tenggara, Indonesia, has been running for two years. However, there is insufficient research to evaluate its effectiveness, requiring further analysis. This qualitative study evaluates the performance of this program since its establishment. The study's respondents were mosque administrators, the Chair and Secretary of the NTB Sharia Economic Community (MES), beneficiaries, and banks. Each respondent was interviewed to collect data related to the Mawar Emas program. The study found that the program has aided 32 mosques in West Nusa Tenggara, benefiting a total of 1,194 potential borrowers. The Mawar Emas program has an annual budget of Rp. 1,275,000,000; however, these funds have not been fully utilized. Funding and absorption of funds decreased in the program's second year. Several program elements require evaluation, such as increased funding, default rates, training delivery, obsolete data, and profit-oriented institutions. The study's findings contribute to facilitating MES's ability to assess and improve the program.
IAIN Surakarta
2023-03-23
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/520
10.22515/shirkah.v8i1.520
Shirkah: Journal of Economics and Business; Vol 8, No 1 (2023); 19-30
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/520/160
Copyright (c) 2023 Riduan Mas'ud
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/521
2023-11-30T07:31:31Z
home:ART
Faith-based Social Entrepreneurship: Improving Mosque's Socio-Economic Values in Emerging Country
Thoha, Ahmad Faiz Khudlari
Mujahidin, Ali
Faith-based Organization; Faith-based Social Enterprise; Hybrid Organization; Mosque Management; Social Entrepreneurship
The religious perspective in the literature on social entrepreneurship remains largely unexplored, resulting in a scarcity of studies that analyze social entrepreneurship through a religious lens. Social entrepreneurship, including its manifestation in religious organizations as faith-based social enterprises, has emerged as a significant innovation in addressing diverse social issues, with the vast number of mosques in Indonesia presenting a promising opportunity to contribute to the betterment of the community's well-being. This study aims to identify the transformation process at the Masjid Ar Rahmah Surabaya and its impacts on social welfare considering its successful establishment as a faith-based social enterprises over the past five years, managing multiple business units and generating social benefits. Employing a case study, data were collected through interviews, observations, and document studies. The findings of the study present a model consisting of stages such as opportunity recognition, business establishment, resource acquisition, and organizational reconfiguration. These insights have implications for addressing social issues and enhancing community welfare in Indonesia and other emerging countries.
IAIN Surakarta
2023-08-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/521
10.22515/shirkah.v8i3.521
Shirkah: Journal of Economics and Business; Vol 8, No 3 (2023); 268-283
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/521/180
Copyright (c) 2023 Ali Mujahidin, Ahmad Faiz Khudlari Thoha
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/584
2024-03-15T07:23:01Z
home:ART
The Impact of Subjective Norm and Religiosity on Zakat Compliance of Muslim Entrepreneurs: The Mediating Role of Intention
Ilmi, Nurul
Ridlwan, Ahmad Ajib
Fahrullah, A’rasy
Timur, Yan Putra
Alam, Md. Kausar
Intention; Muslim Entrepreneurs; Religiosity; Subjective Norms; Zakat Compliance
This study aims to identify the effect of Muslim entrepreneurs’ perceptions of zakat compliance mediated by the intention to pay zakat with subjective norms and religiosity. Quantitative methods were employed in this study. Questionnaires were administered to Muslim entrepreneurs, and we examined the information from 140 participants using the Smart-PLS 3 application. The findings indicate that the direct impact on religiosity yielded significant results, whereas the subjective norm was insignificant. Subsequently, the indirect effect, specifically on religiosity and subjective norms, demonstrated a significant impact between the two. In this study, the theory of planned behavior can be used as a determining factor to identify the impact of Muslim entrepreneurs on zakat compliance. This research suggests that Muslim entrepreneurs’ zakat compliance can signal to stakeholders the importance of using zakat payments optimally to achieve poverty reduction goals. Implementing this research not only maximizes institutional benefits in promoting zakat, but also broadens the perspective on zakat compliance among Muslim entrepreneurs based on the theory of planned behavior through intention.
IAIN Surakarta
2024-03-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/584
10.22515/shirkah.v9i2.584
Shirkah: Journal of Economics and Business; Vol 9, No 2 (2024); 198-212
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/584/200
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/584/162
Copyright (c) 2024 Nurul Ilmi, Ahmad Ajib Ridlwan, A’rasy Fahrullah
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/220
2019-02-17T13:32:06Z
home:ART
Ekonomi Kemakmuran Bersama: Indonesian Islamic Economic Thought of Kahrudin Yunus
Addiarrahman, Addiarrahman
This article preliminary explores a forgotten figure of defining concept of Indonesian Islamic economics, Kahrudin Yunus. Differ from other contemporary concepts; Yunus has generously framed sistem ekonomi kemakmuran bersama as a basic principle of Islamic economics. Although Yunus has courageously implanted such Arabic economic thinker as Baqr al-Shadr, the Indonesian political tension that infused capitalism and socialism in the middle of 1955 had imposed him to not define Islamic economics in narrow theological perspective, conversely, Yunus argued that Islamic economics must be built on the benefits of economic politics in order to constructing a democratic system. Yunus forgotten thought would have been a counter debate of contemporary Islamic economics today that somehow enforced the return of golden age of Islamic revival. Keywords: Islamic economics, kemakmuran bersama, economic thinker
IAIN Surakarta
2018-12-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/220
10.22515/shirkah.v3i3.220
Shirkah: Journal of Economics and Business; Vol 3, No 3 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/220/60
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/269
2019-12-25T15:41:36Z
home:ART
Bank Wakaf Mikro and Creative Economics in Pesantren Buntet
Zayanie, Jehan Maya
Fitria, Ahsana
Kamariah, Rosidatul
The launch of the Bank Wakaf Mikro (Micro Wakaf Bank/BWM) at the pesantren by the Financial Services Authority (OJK) has received a positive response to realizing economic opportunities in the pesantren. This study aims to examine the role of pesantren in empowering creative economics through the BWM program. This study was conducted by doing in-depth observations and interviews. The researchers gathered data using purposive sampling and snowball sampling techniques. The research findings illustrate the presence of BWM at the pesantren Buntet, Cirebon, West Java, Indonesia has provided a new forum, both for the leaders of the pesantren and the community around the pesantren to carry out their economic potential. Communities surrounding the pesantren argue that BWM has been able to overcome the difficulties in accessing financing needs on a micro-scale. However, the BWM needs to increase the amount of funding and products to follow customers' needs in order to create more promising business variations. Keywords: pesantren, OJK, micro bank, Buntet, Cirebon
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/269
10.22515/shirkah.v4i2.269
Shirkah: Journal of Economics and Business; Vol 4, No 2 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/269/71
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/323
2020-09-10T14:50:16Z
home:ART
How Ramadan and Global Pandemic Affect Religiosity and Donating Behaviors
Fahrullah, A'rasy
Anwar, Moch. Khoirul
Ridlwan, Ahmad Ajib
Prabowo, Prayudi Setiawan
Yasin, Ach.
islamic economics
Donating Behaviors; Donation Institutions; Global Pandemic; Ramadan; Religiosity
Ramadan in the year of 2020 is the witness of global pandemic caused by the spread of Covid-19 that significantly alters human behaviors. In response to the current phenomenon, the present study is conducted to scrutinize how the holy month of Ramadan and global pandemic affect human religiosity and donating behaviors. To this end, this study employed a web-based questionnaire to gather the required data from 128 Indonesians who were voluntarily participated upon invitation. Using WarpPLS to analyze the data, the results showed that there was a significant influence of global pandemic situation and Ramadan on the level of religiosity. Moreover, the pandemic situation also encouraged the exist growth of donation institutions. This study further revealed the positive impact of the holy month of Ramadan and religiosity on human donating behaviors. In other words, Ramadan and global pandemic increased the level of human religiosity and the existence of donation institutions, as a results, their donating behaviors were also improved. However, this study found that the existence of donation institutions did not have any influence on human donating behaviors. These results offer an implication that Ramadan and global pandemic obviously provide a direct impact on religiosity and human donating behaviors.
IAIN Surakarta
2020-08-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/323
10.22515/shirkah.v5i2.323
Shirkah: Journal of Economics and Business; Vol 5, No 2 (2020); 250-270
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/323/94
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/333
2021-07-13T23:52:22Z
home:ART
Proposing Blue Sukuk in Indonesia: An Interpretive Structural Model
Rusydiana, Aam Slamet
Irfany, Mohammad Iqbal
Blue Sukuk; Interpretive Structural Model; Sovereign Sukuk
This research aims to identify the priority factors that being barriers to issue and develop Islamic blue sukuk in Indonesia. Employing the Interpretive Structural Modeling (ISM) method, it also offers several solutions for the identified problems. As an advanced planning methodology, ISM is used to identify, analyze, and summarize various relationships among factors that define a problem, model, or issue. In the ISM framework, there are three criteria of blue sukuk development in Indonesia including (1) aspect or foundation required within the framework of developing blue sukuk; (2) infrastructure that will be used as a basis for sukuk issuance (underlying projects); and (3) stakeholders involved in the development of blue sukuk in Indonesia. Results show that important foundations needed in the development of blue sukuk are regulatory aspects, feasible underlying projects, investors, and inter-institutional coordination, respectively. Finally, possible underlying infrastructures for the issuance of Blue Sukuk are the development of integrated fishing villages as well as the procurement of large and environmentally friendly fishing boats.
IAIN Surakarta
2021-04-15
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/333
10.22515/shirkah.v6i1.333
Shirkah: Journal of Economics and Business; Vol 6, No 1 (2021); 101-114
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/333/114
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/403
2022-08-17T11:30:02Z
home:ART
Brand Value and Tourists’ Satisfaction in Lombok Indonesia as a Halal Tourism Destination
Yusup, Muhamad
Mas'ud, Riduan
Johari, Maimunah
Islamic Economics and Business
Brand Value; Halal Tourism; Tourism Destination; Tourism Satisfaction
Since 2015, the Ministry of Tourism and Creative Economy of the Republic of Indonesia has appointed Lombok of West Nusa Tenggara as a halal tourism destination. Because of its natural beauty, which is comparable to that of Bali, the majority of the population is Muslim, and the island has a distinct religious culture and history, Lombok has a lot of promise in promoting halal tourism in Indonesia. This study intends to elucidate the relationship between destination brand awareness, brand image, brand quality, and destination brand value in increasing the destination brand satisfaction of tourists visiting Lombok. This study proposes a new model and clarifies the concept of a new indicator on the variable of destination brand value. Upon analysis of structural equation modeling (SEM) using convenience sampling employing WarpPLS software to 250 respondents, it was proven that the research model was accepted with a coefficient of determination (R2) of 86.6%. The proposed model shows destination brand value to be a determinant of tourists’ satisfaction. The model also proves that indicators of convenience, reasonable cost, fun, and getting benefits make a positive contribution to brand value destinations. This study offers practical implication that tourism managers should pay attention to and improve brand image, which currently has little impact on destination brand value, by building brand popularity and competitive advantages.
IAIN Surakarta
2022-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/403
10.22515/shirkah.v7i1.403
Shirkah: Journal of Economics and Business; Vol 7, No 1 (2022); 1-16
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/403/131
Copyright (c) 2022 Authors
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/484
2023-03-20T06:32:58Z
home:ART
Bank Credit in Financial Cycle during COVID-19 Pandemic: Dilemma from Indonesia
Basmar, Edwin
Campbell III, Carl M.
Basmar, Erlin
Economics, Finance, Banking
Bank Credit; Financial Crisis; Financial Behavior; Financial Cycle
Bank credit is crucial to boost economic growth and preserve financial stability during the COVID-19 pandemic. However, a previous study has yet to establish the state of bank credit in the financial cycle during the COVID-19 pandemic in Indonesia. This study discovered different categories of banking credit dilemmas during the COVID-19 pandemic in Indonesia, including mild category, moderate category, heavy category, and very heavy category. During the global pandemic from 2019 to July 2021. This study used monthly development of the Ed Waves Index model through the Financial Report of Bank Indonesia. The pressure dilemma includes moderate category (1 time), mild category (1 time), heavy category (2 times), and very heavy category (1 time) which indicate that there is serious pressure on financial stability and economic growth in Indonesia during the outbreak. This research makes an important contribution to the banking sector and Bank Indonesia in controlling the bank's soundness through distribution channels of credit and a stable financial cycle as well as economic growth in Indonesia during the COVID-19 pandemic.
IAIN Surakarta
2022-12-12
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/484
10.22515/shirkah.v7i3.484
Shirkah: Journal of Economics and Business; Vol 7, No 3 (2022); 253-266
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/484/152
Copyright (c) 2022 Edwin Basmar
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/609
2023-09-06T10:13:48Z
home:ART
Corporate Governance and Its Relationship with the Working Capital Management in Europe
Ahmed, Amanj Mohamed
Ali, Muhammad Nawzad
Hágen, István
Accounting and Management
Corporate Governance; Working Capital Management; Non-Financial Firms
This study aims to investigate the impact of corporate governance on working capital management, which has been relatively overlooked despite its significance on corporate performance. Using the Ordinary Least Square regression model, a model was developed to assess the relationship between dependent and independent variables. Secondary data from the annual reports of 42 non-financial firms listed on the Frankfort and Oslo stock exchanges from 2017 to 2021 were collected. The dependent variable, working capital management, is indicated by cash holding, while the independent variable, corporate governance, is measured through five proxies: board meeting, board remuneration, the board size, CEO remuneration, and CEO tenure. Leverage and firm size are involved as control variables. The findings revealed that board meetings, board remuneration, CEO remuneration, and CEO tenure exhibit a positive and significant relationship with working capital management. However, board size demonstrated a negative but insignificant relationship. Additionally, the study showed that leverage has a negative relationship, while firm size has a positive relationship with working capital management. In conclusion, the study suggests that future research should focus on the financial sector to conduct comparative analyses with other sectors.
IAIN Surakarta
2023-05-24
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/609
10.22515/shirkah.v8i2.609
Shirkah: Journal of Economics and Business; Vol 8, No 2 (2023); 202-217
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/609/176
Copyright (c) 2023 Amanj Mohamed Ahmed
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/672
2024-03-27T14:36:54Z
home:ART
The Role of Trust and Engagement in Organizational Citizenship Behavior of Chemical Manufacturing Industry in Indonesia
Nuryanto, Uli Wildan
Pratiwi, Ika
Chemical Manufacturing Industry; Engagement; Organizational Citizenship Behavior; Trust
Although research on the relationship between trust and engagement with organizational citizenship behavior (OCB) has been extensively explored, the connection between these variables in the context of the chemical industry remains underexplored. The aim of this study is to examine the influence of trust on OCB, the impact of engagement on OCB, and the combined effects of trust and engagement on OCB in the Chemical Manufacturing Sector in Indonesia. This research employs a quantitative associative approach. The sample comprises 249 employees from manufacturing companies in the city of Cilegon, Indonesia, selected through proportional stratified random sampling techniques. The data analysis technique employed is multiple linear regression analysis using SPSS version 26. The findings of this study reveal that trust has a significant positive influence on OCB, engagement has a significant positive impact on OCB, and both trust and engagement collectively exert a significant positive influence on OCB in the Chemical Manufacturing Sector in Indonesia. The results of this research contribute to providing insights for chemical manufacturing companies in Indonesia to enhance the quality of their employees in achieving OCB principles.
IAIN Surakarta
2024-01-24
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/672
10.22515/shirkah.v9i1.672
Shirkah: Journal of Economics and Business; Vol 9, No 1 (2024); 90-102
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/672/193
Copyright (c) 2024 Uli Wildan Nuryanto
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/198
2019-02-17T13:16:00Z
home:ART
Macroeconomic Variables on Indonesian Sharia Capital Market
Nugroho, Taufik
Rusydiana, Aam S.
This article emphasizes to analyze the effect of macroeconomic variables on sharia capital market in Indonesia by using Vector Error Correlation Model (VECM) approach method. The variables used are world oil price, Industry Production Index (IPI) Currency Exchange Rate to Dollar and Consumer Price Index (CPI) in Indonesia. The research show that in the Indonesian Stock Sharia Index (ISSI) model, the VECM in the ISSI model can explain in the short term the IPI variable, world oil price, rupiah to dollar, DJIA and CPI does not affect to ISSI variable. While in the long term, world oil prices are positive climate and Dow Jones Industrial Average (DJIA) variables negatively affect ISSI. In addition, FEVD test the world oil price has more dominant contribution than other variable 6.02%. Keywords: sharia capital market, macroeconomics, VECM, ISSI
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/198
10.22515/shirkah.v3i2.198
Shirkah: Journal of Economics and Business; Vol 3, No 2 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/198/51
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/263
2019-12-24T18:54:06Z
home:ART
The Recent Development of Islamic Economic Studies in Indonesia
Adibuddin, Ahmad Farras
Setiawan, Doddy
Sutopo, Bambang
Islamic Economics
islamic economics, bibliography, analitycal method, literature studies, survey method.
This study outlines the recent development of Islamic economics in Indonesia. The data has been gathered from articles on Islamic economics published in the select national accredited journals in Indonesia from 2004 – 2017, consisting of 184 articles. This study has applied the field method chart as suggested by Hesford. We have classified these articles based on the field of research, the research topic, and its method. This study finds that there is an increase number of articles on Islamic economics in Indonesia published on national-accredited journals. These selected articles mostly discussed such topics relating to the banking issues. Keywords: Islamic economics, bibliography, analytical method, literature studies, survey method.
IAIN Surakarta
2019-12-24
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/263
10.22515/shirkah.v4i1.263
Shirkah: Journal of Economics and Business; Vol 4, No 1 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/263/67
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/276
2020-09-09T06:26:52Z
home:ART
Determinants of Underpricing in Islamic and Non-Islamic Shares on IPO
Setya, Vabila Ananta
Supriani, Indri
Fianto, Bayu Arie
Islamic economics; Islamic Finance; Islamic Stock Market.
Initial Public Offering (IPO); Underpricing; Islamic Shares; Non-Islamic Shares
This study aims at investigating the factors affecting the share’s underpricing in service companies of the Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) covering the period from 2011 to 2017. Compared to the precedent studies, this study provides an empirical comparison between Islamic and non-Islamic shares on 22 underpricing stock samples from 44 IPOs in Islamic service shares and 21 underpricing samples from 32 IPOs in non-Islamic service shares. This study adopts a multiple linear regression analysis and an independent sample t-test method. It is revealed that the underwriter's reputation and auditor's reputation have a significant effect on the underpricing of IPO on IDX, both in Islamic and non-Islamic service companies. The result of independent samples t-test indicates that Islamic service shares companies have better financial performance compared to non-Islamic service shares companies. Predicated upon the results, this study implicatively insinuates that companies based on Shariah compliance could anticipate the underpricing level more expeditiously since the Shariah principles are in line with the decreasing level of underpricing.
IAIN Surakarta
Bayu Arie Fianto, Universitas Airlangga
2020-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/276
10.22515/shirkah.v5i1.276
Shirkah: Journal of Economics and Business; Vol 5, No 1 (2020); 70-100
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/276/84
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/383
2021-07-13T23:52:22Z
home:ART
Revisiting the Contribution of Islamic Banks’ Financing to Economic Growth: The Indonesian Experience
Supriani, Indri
Fianto, Bayu Arie
Fauziah, Najim Nur
Maulayati, Ryan Rahmah
Islamic Economics; Finance; Islamic Banking
Economic Growth; Indonesian Economic Experience; Islamic Banking; Profit and Loss Sharing
The contribution of Islamic banking towards economic growth remains debatable amongst academicians and practitioners. This study investigates the relationship between Islamic banks’ financing and economic growth in Indonesia which is the largest Muslim population country. This study adopts Autoregressive-Distributed Lag (ARDL) and utilizes time-series quarterly data from 2011Q1 to 2019Q3. The study uses four predictors: financing to deposit ratio, gross capital fixed formation, inflation, and trade openness. The results from the auto-regressive distributed lag model indicate that, in the long-run, Islamic banks' financing has a significant impact on the Indonesian economy. However, in the short-run, financing does not make a substantial contribution to Indonesian economic growth. The study’s key implication is that financing by Islamic banks still makes a limited contribution to economic growth in Indonesia. This study enhances the literature review, specifically on evaluating the contribution of Islamic banks towards economic growth. Numerous existing studies on this topic covering the crisis period data, which might suffer from data bias. Therefore, this study addresses this topic, excluding the global financial crises period such as 1998, 2008, and 2020, to demonstrate Islamic banks' evident contribution to Indonesian economic growth.
IAIN Surakarta
2021-03-27
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/383
10.22515/shirkah.v6i1.383
Shirkah: Journal of Economics and Business; Vol 6, No 1 (2021); 18-37
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/383/109
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/379
2021-12-31T17:49:54Z
home:ART
Stress and Job Performance of Healthcare Workers amidst COVID-19 Pandemic: The Mediating Role of Burnout
Agustina, Tri Siwi
Rarastanti, Putri Dian
Hidayat, Arif Fatah
Human Resource Management
Burnout; COVID-19 Pandemic; Healthcare Workers; Job Performance; Stress
Healthcare workers in hospitals are one of the frontliners in handling the COVID-19 issue. However, previous studies were mostly directed on doctors and nurses, albeit many other workers are involved in managing the COVID-19 issue at a hospital. Physical and mental work pressures in performing their jobs and responsibilities potentially affect their performance. This study aims to shed some light on the direct influence of job stress on the job performance of healthcare workers during the COVID-19 pandemic with burnout as a mediating variable. This study make use of a cross-sectional approach by employing a questionnaire to gather the data from 194 healthcare workers at Aisyiyah Ponorogo General Hospital Indonesia. Drawing on the Structural Equation Modeling Partial Least Square, the results reveal that (1) job stress has a negative influence on the job performance of the healthcare workers, (2) job stress is proven to have a positive effect on the burnout of the healthcare workers, and (3) burnout is found to partially mediate the effect of job stress on the job performance of the healthcare workers. By referring to the compelling results, valuable suggestions are offered to the hospital managers and further related studies. This study’s results further contribute to providing recommendations for the hospital management as well as the government concerning on factors affecting the healthcare workers’ job performance, especially at the age of a crisis such as the COVID-19 pandemic.
IAIN Surakarta
Aisyiyah General Hospital Ponorogo
2021-12-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/379
10.22515/shirkah.v6i3.379
Shirkah: Journal of Economics and Business; Vol 6, No 3 (2021); 315-335
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/379/127
Copyright (c) 2021 Tri Siwi Agustina, Putri Dian Rarastanti, Arif Fatah Hidayat
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/480
2022-12-12T14:47:28Z
home:ART
Waqf and Environment: A Bibliometric Analysis
Anam, Muhammad Syariful
Ahmad, Rasikh Saifan
Ali, Reza Awaliah
Rosia, Rina
Islamic Economics; Economics
Bibliometric Analysis; Environment; Waqf
Despite the plethora of studies on environmental waqf in the literature, research objectives and results are still inconsistent. Therefore, this study maps the literature on environmental waqf to explore future research directions. Based on data from Scopus from 2001 to March 2022, bibliometric analysis using VOSviewer was used to create this mapping research system. This study visualized a map of co-authorship and co-occurrence of keywords. We present several aspects of the literature on environmental waqf, such as the number of publications per year, document type, journal, author, affiliation, country, subject, and topic. The environmental waqf research review is made up of 120 articles written by 160 authors who are affiliated with 116 institutions across 29 countries. These articles were published in 79 sources. The bibliometric results through the analysis of the keywords identified four research streams: waqf in sustainable development, regional planning, waqf governance in the agricultural sector, and cash waqf for welfare improvement. This study proposes future directions for environmental waqf research, focusing on the role of waqf in achieving the goal of sustainable development for environmental stability.
IAIN Surakarta
2022-09-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/480
10.22515/shirkah.v7i2.480
Shirkah: Journal of Economics and Business; Vol 7, No 2 (2022); 201-218
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/480/148
Copyright (c) 2022 Muhammad Syariful Anam, Rasikh Saifan Ahmad, Reza Awaliah Ali, Rina Rosia
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/557
2023-09-06T10:13:48Z
home:ART
Muslim Non-Cash Transaction Behavior: The Moderating Role of Religiosity
Cahya, Chindy Chintya
Umam, Khoirul
Islamic Economics
Muslim Behavior; Non-cash Transaction; Religiosity; Technology Acceptance Model
Despite years of exploration, empirical evidence regarding the mediating role of religiosity in the relationship between non-cash interest and behavior is still lacking. This study analyzed the behavior related to the use of non-cash transactions by Muslim communities moderated by religiosity based on the TAM model. The sampling technique in this study used purposive sampling with a total of 438 respondents. The data in this study were analyzed using Partial Least Square Structural Equation Model (PLS-SEM) with Smart PLS 3.0. The results of this study reveal that religiosity can moderate the interest and behavior of using non-cash transactions. Besides that, the perceived ease of use and perceived usefulness have a significant positive effect on consumer behavior in using non-cash transactions, which are proxied by attitude and interest. These results indicate that the Muslim community is accepting and even supporting the development of technology in the payment system because technology brings convenience and benefits. As a result, players in the Islamic finance and halal market should pay close attention to the advancements in payment system technology to ensure the Muslim community prefers payment products on the Sharia market.
IAIN Surakarta
University of Darussalam Gontor, Master of Islamic Economic Law
2023-04-13
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/557
10.22515/shirkah.v8i2.557
Shirkah: Journal of Economics and Business; Vol 8, No 2 (2023); 109-124
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/557/167
Copyright (c) 2023 Chindy Chintya Cahya, Khoirul Umam
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/664
2024-03-27T14:36:54Z
home:ART
Strategic Performance Dynamics: Elucidating the Effect of Competitive and Growth Strategies on Companies
Reny W.A., Armalia
Competitive Strategy; Growth Strategy; Company Strategic Performance
There was a dearth of empirical information and thorough understanding into how these strategies interacted and affected the performance of companies in the setting of Lampung Province before this research. Thus, this research investigates the effect of competitive and growth strategies on the strategic performance of companies registered with the Lampung Province Department of Industry and Trade. Utilizing a quantitative approach and statistical analysis of data from 396 survey respondents representing businesses across 15 cities and regencies in Lampung Province, the study employs the Partial Least Square (PLS) Structural Equation Modeling (SEM) method with SmartPLS software to analyze the data. The results indicate that competitive strategy significantly affects the strategic performance of companies. Additionally, growth strategy also significantly contributes to improved strategic performance, highlighting the importance of selecting the right growth strategies for companies. Simultaneously, both competitive and growth strategies exert a significant effect on the strategic performance of companies. These insights provide valuable guidance for businesses and regulatory authorities in Lampung Province's industrial and trade sectors, aiding them in designing more effective strategies to enhance company performance, considering both competitive and growth strategies.
IAIN Surakarta
2023-10-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/664
10.22515/shirkah.v9i1.664
Shirkah: Journal of Economics and Business; Vol 9, No 1 (2024); 33-48
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/664/188
Copyright (c) 2023 Armalya Reni W.A.
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/201
2019-02-17T10:37:02Z
home:ART
Conventional Home Loan and Islamic Home Financing in Comparative Perspective
Umardani, Dwi
This article aims to comparatively discuss conventional home loan (Kredit Perumahan Rakyat/KPR) and Islamic home financing (Pembiayaan Pemilikan Rumah Syariat/PPRS), locating in Bank Central Asia (BCA) and Bank Syariah Mandiri (BSM). Qualitative narrative of formal procedural system of owning home of the mortgages critically analyzed aiming to get clear-cut the differences both loans. This paper confirms that BCA uses the interest system in providing mortgage (KPR) and does not concern on the use of the funds. BSM generally has implemented murabaha scheme (deferred payment sale). For the late paying installments, both banks have applied quite different procedure systems.Keywords: mortgages, home loan, KPR, PPRS
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/201
10.22515/shirkah.v3i1.201
Shirkah: Journal of Economics and Business; Vol 3, No 1 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/201/42
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/231
2019-12-26T06:00:37Z
home:ART
Muslim Business Women in Indonesia
Qamariyah, Farihatul
This study examines the intersection between religion and economic performance through investigating religious ethics and tradition among devout businesswomen. This study also focuses on the issue of spiritual business enterprise. I observed seven Muslim business women as subjects who negotiate a religious and cultural perception of their gendered role in society. During their entrepreneurial journey, Muslim business women transform their conventional company into spiritual – based operations for religious and ethical reason. I undertook nine weeks of fieldwork in urban areas of Jakarta, Purworejo and Yogyakarta. I also conduct life story interview sessions and participatory observation with the seven Muslim business women’s project of business including director, manager, employee, and so – called spiritual division. Significantly, the products that they sell reflect spiritual and moral underpinnings. Moreover, the spiritual design of company plays a role in employee screening, training, and benefit, which all incorporate aspects of Islamic practice. This research demonstrates the strong role of religion namely Islam, as evidenced in the Muslim business women’s narratives, in functioning as a support system that can greatly enhance the economic and life prosperity. Keywords: Muslim business women, religious ethics, spiritual economics, Indonesia
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/231
10.22515/shirkah.v4i2.231
Shirkah: Journal of Economics and Business; Vol 4, No 2 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/231/72
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/274
2019-12-26T04:13:04Z
home:ART
Social Embeddedness and Economic Behaviour in Pesantren Mlangi
Rahayu, Mustaghfiroh
In contrast to global research on the relationship between Islam and entrepreneurship, analyses which shows a negative trend, researches on this topic in Indonesia show different findings. Various researches show the positive impact of the teachings of Islam on Muslim entrepreneurial behaviour, including multiple studies conducted in Mlangi. Continuing the existing research, this research looks at the role of pesantren networks in entrepreneurial practices carried out by entrepreneurs as well as caregivers for pesantren in Mlangi. By using the social embeddedness theory, this research found out that there is a dialogue between rational choice, social context and pesantren networks in the business run by entrepreneurs cum caregivers of pesantren in Mlangi. Keywords: social embededdness), Mlangi, pesantren entrepreneur
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/274
10.22515/shirkah.v4i3.274
Shirkah: Journal of Economics and Business; Vol 4, No 3 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/274/79
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/337
2020-12-28T08:55:55Z
home:ART
Performance of GoFood MSEs Partnership: An Integration of Entrepreneurial Orientation, Marketing Capabilities, and Brand Orientation
Prastiwi, Septi Kurnia
Rohimat, Asep Maulana
Brand Orientation; Entrepreneurial Orientation; Marketing Capability; MSEs Performance
The current application of Gojek with its GoFood feature can serve the function as promotion media to consumers at the maximum extent for the Micro and Small Enterprises (MSEs) in the culinary business. Nevertheless, not all have been able to experience the improvement of this business performance in terms of the new application feature. Therefore, this study aims at investigating and analyzing the role of entrepreneurial orientation, marketing capability, and brand orientation to improve the performance of GoFood partnering SMEs. There were 112 samples of business partners in Surakarta participated in this study. The data analysis technique was by SEM using the application of AMOS 2.4. The research findings provide a conclusion that there is a significant effect of entrepreneurial orientation on marketing capabilities, brand orientation, and business performance. However, marketing capability and brand orientation were not proven to improve business performance; similarly, the mediation of entrepreneurial orientation through marketing capability and brand orientation was not supportive of business performance development. This study provides an actual contribution to the performance improvement of MSEs entrepreneurs through the digital application as an innovation and creativity of business players.
IAIN Surakarta
2020-12-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/337
10.22515/shirkah.v5i3.337
Shirkah: Journal of Economics and Business; Vol 5, No 3 (2020); 310-336
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/337/97
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/387
2021-12-09T06:08:45Z
home:ART
Determinants of Online Zakat Intention amongst Muslim Millennials: An Integration of Technology Acceptance Model and Theory of Planned Behavior
Ninglasari, Sri Yayu
Islamic economics; Islamic social finance
Financial Technology; Muslim Millennials; Online Zakat Intention; Technology Acceptance Model; Theory of Planned Behavior
Today’s modern civilization has resulted in the crucial role of technology in human life, including financial matter. Integrating Technology Acceptance Model (TAM) and Theory of Planned Behavior (TPB), this study sheds some light on the determinants of Muslim millennials’ intention in performing zakat payment using Financial Technology (Fintech). An online questionnaire survey was conducted to gather the required data from a group of Indonesian Muslim millennials. Employing purposive sampling technique, the sample consisted of 200 respondents. The data were analyzed with the assistance of Structural Equation Model - Partial Least Square (SEM-PLS). The results demonstrated that perceived ease of use and perceived usefulness positively and significantly affected the respondents’ attitudes. Moreover, attitudes, subjective norms, and perceived behavioral control significantly affected the intention of using Fintech to perform zakat payment. The results further revealed that there was no direct influence between perceived ease of use and perceived usefulness on the respondents’ intention to use Fintech. However, it had an indirect effect by the mediation of attitude variable. As a theoretical implication, this study contributes to the literature enhancement in the discourse of TAM and TPB models in zakat context. Practically, it assists zakat management institutions recognize the Muslim millennial community and develop digital zakat payment platforms.
IAIN Surakarta
2021-08-24
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/387
10.22515/shirkah.v6i2.387
Shirkah: Journal of Economics and Business; Vol 6, No 2 (2021); 227-245
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/387/122
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/478
2022-12-12T14:47:28Z
home:ART
The Role of Islamic and Conventional Microfinance in Tackling Financial Exclusion in Bangladesh, Nigeria, and Uganda
Azrak, Tawfik
Edema, Muzamil
Conventional Microfinance; Financial Exclusion; Financial Inclusion; Islamic Microfinance
There has been to pertinent study considering the growth of Islamic and conventional microfinance institutions as an antecedent of financial inclusion in Bangladesh, Nigeria, and Uganda in a single study. Adults who are financially excluded make up sizable numbers in Bangladesh, Nigeria, and Uganda, the three OIC countries. Financial exclusion has been addressed through the establishment of microfinance institutions. This study attempts to review the contribution of Islamic and conventional microfinance institutions established in these countries in tackling financial exclusion. The study used the data from the Global Findex Database of the World Bank and IMF Financial Access Survey to draw a comparative image of financial access among the countries. The evidence indicated that there are significant financial gaps across the countries and hence a huge opportunity for Islamic microfinance with its vast range of financial products could be implemented to spur economic growth and tackle financial exclusion. Policymakers can use the study's findings to entice and build new microfinance institutions with broadly inclusive products for all populations of these countries.
IAIN Surakarta
2022-09-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/478
10.22515/shirkah.v7i2.478
Shirkah: Journal of Economics and Business; Vol 7, No 2 (2022); 113-123
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/478/140
Copyright (c) 2022 Tawfik Azrak, Muzamil Edema
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/456
2023-06-20T16:25:21Z
home:ART
The Financial Performance of Islamic Rural Bank in Indonesia: A Bibliometric Analysis
Christiyanto, Wenda Wahyu
Solikin, Ikin
Purnomo, Budi Supriatono
Andriana, Denny
Business; Management
Bibliometric Analysis; Financial Performance; Islamic Rural Banks
No bibliometric investigation has been carried out regarding the Financial Performance of the Islamic Rural Bank in Indonesia, even though Indonesia harbors the largest Muslim population, denoting an untapped market for Islamic financial institutions. This study aims to conduct extensive bibliometric literature on Financial Performance of the Islamic Rural Bank in Indonesia. The study utilized Publish or Perish (PoP) software to identify articles related to the topic from the Google Scholar database. Out of 982 articles found between 2015 and 2020, 68 articles were relevant and selected for analysis. These articles were further processed using Mendeley reference manager software and visualized using VOSviewer. The study outcomes provide a comprehensive view of the timeframe of publications, academic journals, citation rates, authorship, research subjects, and methodologies applied in examining financial performance. It provides a summary of the variables that impact the financial performance of Islamic rural banks in Indonesia and puts forth an all-encompassing framework for predicting the financial performance of these banks. This study serves as a valuable reference for future research on the Financial Performance of Islamic Rural Banks in Indonesia by providing an overview of potential topics, research methodology, variables involved, and a suggested financial performance model for Islamic rural banks in Indonesia.
IAIN Surakarta
2023-03-26
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/456
10.22515/shirkah.v8i1.456
Shirkah: Journal of Economics and Business; Vol 8, No 1 (2023); 31-47
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/456/161
Copyright (c) 2023 Wenda Wahyu Christiyanto
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/555
2023-11-30T07:31:31Z
home:ART
Purchase Decision on Halal Products among Female Muslim: Evidence from Indonesia
Sujono, Rusny Istiqomah
Wiyandi, Wawan
Wibowo, Febrian Wahyu
Yunadi, Ahmad
Kamal, Al Haq
Wibowo, Ardy
Salam, Abdul
islamic economics, halal product
Halal Certificate, Religiosity, Product Quality, Price, Brand, Halal Knowledge, Purchasing Decisions
So far, limited research has analyzed the factors influencing female's decisions to purchase halal products. The purpose of this study was to determine how religiosity, product quality, price, brand, and halal knowledge affect the decision-making process of Islamic female students when purchasing halal-certified products. The study employed quantitative research methods, employing a questionnaire distributed through Google Forms for data collection. The study's population comprised all female students at Pondok Pesantren Al Munawwir Yogyakarta Indonesia. The sampling technique employed the Slovin formula, resulting in a research sample of 91 respondents. Data analysis involved classical assumption tests, multiple linear regression, partial tests (t-tests), simultaneous tests (F-tests), and the determination coefficient (R²). The findings indicated that religiosity, price, and halal knowledge negatively influenced female's purchasing decisions for halal products. Conversely, product quality and brand positively influenced these decisions. The study highlights that consumers, especially female students, prioritize brands and product quality when deciding to purchase halal products. Consequently, producers of halal products need to prioritize and enhance product quality.
IAIN Surakarta
2023-08-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/555
10.22515/shirkah.v8i3.555
Shirkah: Journal of Economics and Business; Vol 8, No 3 (2023); 309-321
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/555/187
Copyright (c) 2023 Rusny Istiqomah Sujono, Wawan Wiyandi, Febrian Wahyu Wibowo
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/563
2024-03-15T07:23:01Z
home:ART
Factors Affecting Financial Stability of Sharia Banks in Indonesia
Oktaviana, Ulfi Kartika
Miranti, Titis
Islamic Banking; Islamic Finance
Bank Ownership; Financial Stability; Sharia Banks in Indonesia
To ensure the financial stability of Indonesian banks, especially Sharia banks, it is essential to focus on various factors and elements. This study investigates the endogenous and exogenous factors influencing the financial stability of Sharia banks in Indonesia. The study utilized data from the annual financial statements of Sharia banks in Indonesia spanning from 2010 to 2021. Panel data regression served as the analytical tool for the research. The findings indicate that the stability of Sharia commercial banks in Indonesia is influenced by both capital structure and credit risk. Financial leverage also affects sharia bank’s financial stability. While ownership distinguishes a bank in terms of organizational structure, it does not necessarily guarantee stability. Islamic commercial banks remain stable amid the COVID-19 pandemic, showing no significant impact on their overall stability. These findings will enhance bank understanding of the risks faced by banks and form the basis for new regulatory efforts to strengthen overall risk management, including liquidity risk and credit risk.
IAIN Surakarta
2024-03-15
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/563
10.22515/shirkah.v9i2.563
Shirkah: Journal of Economics and Business; Vol 9, No 2 (2024); 213-228
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/563/201
Copyright (c) 2024 Ulfi Kartika Oktaviana, Titis Miranti
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/199
2019-02-17T13:34:57Z
home:ART
Pasar Resisting Mall: a Cross-Cultural Ethnographic of Economic Traditional Market
Hasanah, Noviy
Yogyakarta since the late ten years has shifted an economic direction taking impacts on such economic sectors as that of pasar (Javanese traditional market). Pasar, as a daily space for economic interaction of the society to be threatened by the increasingly numbers of malls. This article critically tells the story of Gowok small trader resistance to the existence of a nearby mall. Doing ethnography for several months and in-depth interviews with some small traders, the author who comes from non-Javanese native have reflectively analyzed the cultural economy of the Javanese people. This article argues that market traders of pasar Gowok has transformed the pattern of buying and selling behavior and increased the variety of merchandise. Keywords: mall, Yogyakarta, pasar, traditional market, Javanese
IAIN Surakarta
2019-01-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/199
10.22515/shirkah.v3i3.199
Shirkah: Journal of Economics and Business; Vol 3, No 3 (2018)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/199/55
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/270
2019-12-26T03:25:19Z
home:ART
Muslim Businessmen and Chinese Economics in Singkawang
Fachrurazi, Fachrurazi
Atmaja, Dwi Surya
Prasojo, Zaenuddin Hudi
Instead of being known as the “City of Tasbih”, nowadays Singkawang is either known as the “City of Amoy (Chinese girls)” or the “City of Thousand ChineseTemples”. Cap Go Meh annually International Festival is another evidence of Chinese image making towards the city. This indicates a sort of Chinese domination that must be studied, economically, politically, and socially. Furthermore, the research aims to explore the dynamics of Chinese Counterpart especially the Muslim Business elites' challenge such as ironic the ongoing dominating development. To explore the dynamics, in-depth interviews were held. Key figures among Muslim businessmen, Chinese elites, government officials, even laypeople were questioned in order to obtain a clear description and balanced analysis of possible biases and perspectives of the interviewees. Quantitative data are analyzed and discussed. In short, the research’s findings are: The desire of an Islamic Singkawang is still intact, driven mainly by Muslim businessmen, in order to defend the existence and of Muslim in face of their powerlessness amidst the domination of Chinese elites.Keywords: Muslim; businessmen, Chinese, economics, domination, Singkawang
IAIN Surakarta
2019-12-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/270
10.22515/shirkah.v4i2.270
Shirkah: Journal of Economics and Business; Vol 4, No 2 (2019)
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/270/74
Copyright (c) 2019 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/309
2020-09-10T14:50:15Z
home:ART
Education Level, Spiritual Intelligence, and Love of Money: Do They Correlate to Ethical Perception?
Istiariani, Irma
Arifah, Uliya
Accounting
Education Level; Ethical Perceptions; Love of Money, Spiritual Intelligence
The aim of this study is to shed some light on the impact of education level, spiritual intelligence, and love of money on ethical perception of accounting students which still remains unexplored thus far. The data were taken from 100 accounting students of several universities in Semarang Indonesia as the respondents. The data were further analyzed by employing PLS (Partian Least Square). The data analyses revealed several compelling results. First, there was no significant impact of education level on ethical perception of accounting students. Second, spiritual intelligence positively influenced the students’ ethical perception. Third, the education level was found to have no significant effect on love of money. Fourth, the spiritual intelligence negatively correlated to love of money. Fifth, the love of money did not provide a significant impact on students’ ethical perceptions. These results contribute to providing positive insights for academic stakeholders in solving ethical problems of accounting students who are going to be professional accountants and auditors. Additionally, the results of this study should be considered as ‘a wake-up call’ for accounting professionals to be more alert toward the threat of ethical violations that could potentially endanger their credibility.
IAIN Surakarta
UIN Walisongo
2020-08-31
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/309
10.22515/shirkah.v5i2.309
Shirkah: Journal of Economics and Business; Vol 5, No 2 (2020); 228-249
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/309/93
Copyright (c) 2020 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/412
2021-07-13T23:52:22Z
home:ART
Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia
Soesilo, Nining I
Advocacy Coalition Framework; Development Planning and Policy; Financial Markets and Institutions; Microfinance; Political Economy; Provision and Effects of Welfare Programs
Advocating the Ultra Micro-lending concept of Indonesia's Ministry of Finance in 2017 was a tumultuous nine-year process. The present paper aims to examine the Ultra Micro-lending (UMi) program conducted by the Ministry of Finance of Republic of Indonesia using Advocacy Coalition Framework. This paper showed that Advocacy Coalition Framework could moderate the interest groups' disagreement through seven steps as follows. First, relatively stable parameters of poverty need alleviation using better financial access with empowerment. Second, the external system is inspired by Grameen Bank as the winner of the Nobel Peace Prize. Third, removing constraints and resources of subsystem actors from the internal Ministry of Finance and the Parliaments. Fourth, creating consensus for getting the Ministry of Bureaucratic Reform's permit. Fifth, policy subsystem that coalesces the need of market-rate and subsidized rate to cater to 46.7 million grassroots entrepreneurs as a 'win-win' arrangement to complement the bank-based People's Business Credit (KUR). Sixth, policy outputs as the legal product of the UMi with a 7 Trillion State budget. Seventh, policy impact's measurement after one year piloting before UMi's scaling up. This paper has a significant contribution to enhancing the efficacy of UMi program, and as a continuous effort to ensure the economic development of the country.
IAIN Surakarta
2021-04-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/412
10.22515/shirkah.v6i1.412
Shirkah: Journal of Economics and Business; Vol 6, No 1 (2021); 115-136
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/412/115
Copyright (c) 2021 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/363
2022-08-17T11:30:02Z
home:ART
Determinants of Dysfunctional Audit Behavior in the Public Accounting Firms
Mardi, Mardi
Sarka, Susi Indriani
Kardoyo, Kardoyo
Business; Accounting
Dysfunctional Audit Behavior; Organizational Commitment; Professional Commitment; Turnover Intention
This study is an empirical examination of the determinants of dysfunctional audit behavior based on professional commitment and organizational commitment, as well as the turnover intention in a public accounting firm. Data were obtained from 100 auditors who have been registered as members of the Indonesian Institute of Certified Public Accountants (IICPA) with a minimum period of active duty of one year using online questionnaires. Data were analyzed using the Structural Equation Modelling with LISREL. This study concludes that organizational commitment and professional commitment have a negative effect on dysfunctional audit behavior and turnover intention. Commitment is crucial to avoiding dysfunctional audit behavior since persons who are committed are less likely to engage in such behavior. Conversely, the more the turnover intention, the higher the risk of dysfunctional audit behavior. Thus, it is suggested that auditors have emotional relationships, economic values, religious morals, and ethical attitudes when performing their duties as public accountants.
IAIN Surakarta
2022-04-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/363
10.22515/shirkah.v7i1.363
Shirkah: Journal of Economics and Business; Vol 7, No 1 (2022); 33-48
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/363/133
Copyright (c) 2022 Authors
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/522
2023-03-20T06:32:58Z
home:ART
Halal Value Chain in the Holding Business: The Experience of Islamic-based School (Pesantren) in Indonesia
Kholilah, Kholilah
Meylianingrum, Kurniawati
Jaya, Tiara Juliana
Jouti, Ahmed Tahiri
Halal Value Chain; Holding Company; Islamic-based School (Pesantren)
This study constitutes a novel concept that provides a complete analysis of the holding business at an Islamic-based school (Pesantren) and the halal value chain. The halal value chain provides a standard for sharia-compliant production, distribution, or consumption activities. This case study was based in Pesantren Al-Rifa’ie, addressed in Malang East Java Indonesia. This study collected data through interviews, contract data, SOP, financial statements, BMT reports, and observation. The data were analyzed using the heuristic case study. The results showed that the holding business at Pesantren Al-Rifa'ie was in the form of a cooperative since it combines business units. The cooperative has funding, financing, and BMT activities. BMT is profit-oriented through establishing business units. Business units supporting the halal value chain were husbandry, bus rentals, and One Pesantren One Product (OPOP) starting from the input, process, and output. This research strengthens the New Institutional Theory and provides insight into the need for technical requirements to establish the company holding in Pesantren.
IAIN Surakarta
2022-12-12
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/522
10.22515/shirkah.v7i3.522
Shirkah: Journal of Economics and Business; Vol 7, No 3 (2022); 318-334
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/522/155
Copyright (c) 2022 Kholilah Kholilah, Kurniawati Meylianingrum, Tiara Juliana Jaya, Ahmed Tahiri Jouti
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/624
2023-09-06T10:13:48Z
home:ART
Revitalizing the Livelihoods of Kahayan River Communities: Exploring the Determinants of Income Increase
Elia, Andrie
Basrowi, Basrowi
Economic; sociology-economic
Digital Marketing; Entrepreneurial interest; Financial Capital; Population Income
Identifying strategies for increasing the income of densely populated communities, particularly concerning the COVID-19 pandemic, remains a challenge. Specifically, this study aims to investigate the influence of entrepreneurial interest, digital marketing, and financial capital on income generation in Pahandut Village. The study adopts a quantitative research methodology based on a sociological-economic approach. Data analysis involves the use of multiple linear regression analysis. A random sampling technique was utilized to select 152 respondents from the entire population of Pahandut village. The findings reveal that entrepreneurial interest, digital marketing, and financial capital have a positive and significant influence on income generation during the Covid-19 pandemic. Therefore, it can be concluded that greater entrepreneurial interest, utilization of digital marketing, and financial capital will increase income for Kahayan River bank community during the Covid-19 pandemic era. Therefore, to adapt to the evolving business landscape, it is crucial to provide support for business literacy aimed at both starting and expanding a business.
IAIN Surakarta
Universitas Palangka Raya
2023-05-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/624
10.22515/shirkah.v8i2.624
Shirkah: Journal of Economics and Business; Vol 8, No 2 (2023); 189-201
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/624/174
Copyright (c) 2023 Andrie Elia, Basrowi Basrowi
http://creativecommons.org/licenses/by-nc/4.0
oai:ojs.pkp.sfu.ca:article/688
2024-03-15T07:23:01Z
home:ART
Corporate Governance toward 5.0: Insights from State-Owned Enterprises in Indonesia
Hardianto, Ade Manggala
Nursansiwi, Dwi Arini
Board Education Level; Board Tenure; Ratio of a Board of Independent Directors; Financial Performance.
Existing research separately examines factors like qualification, tenure, and independence in relation to financial performance, overlooking the potential combined or interactive effects. This research intends to determine the role of the board of directors in addressing future challenges encountered by Indonesian state-owned enterprises. The research methodology involves quantitatively correlating independent and dependent variables, with or without variable control, utilizing nine financial ratios to assess firm conditions. The study utilized secondary data from financial statements and annual disclosures of Indonesian state enterprises from 2009 to 2016. The findings indicated that firstly, the degree, whether with or without control variables, is associated with Return on Asset and Fixed Asset Turnover. Secondly, board tenure, with or without control variables, does not exhibit a correlation with financial performance. Thirdly, the size of the independent board of directors, with control variables, does not correlate with financial performance, whereas without control variables, it is correlated with Net Profit Margin and Cash Ratio. This study introduces a new concept of board performance to predict bankruptcy indicators in companies, considering their Return on Assets (ROA) and Fixed Asset Turnover.
IAIN Surakarta
2024-01-25
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://shirkah.or.id/new-ojs/index.php/home/article/view/688
10.22515/shirkah.v9i2.688
Shirkah: Journal of Economics and Business; Vol 9, No 2 (2024); 149-164
2503-4243
2503-4235
eng
https://shirkah.or.id/new-ojs/index.php/home/article/view/688/196
https://shirkah.or.id/new-ojs/index.php/home/article/downloadSuppFile/688/189
Copyright (c) 2024 Ade Manggala Hardianto, Raden Irna Afriani, Rita Kartika
http://creativecommons.org/licenses/by-nc/4.0
196aaf3257b422bb2ac0e4a50b6393be