2024-03-29T02:33:53Z
https://journal.uii.ac.id/JEKI/oai
oai:ojs.jurnal.uii.ac.id:article/8745
2022-06-02T05:27:49Z
JEKI:ART
driver
HUBUNGAN SISTEM PENGENDALIAN MANAJEMEN DAN PRESTASI PEMBIAYAAN BAGI HASIL: RESOURCE-BASED VIEW
Hudayati, Ataina
Auzair, Sofiah Md
Many Islamic economics as the basic concepts of Islamic banks, but the practice shows that the financing by buying and selling more practiced. The purpose of this study is to see the impact of performance measurement system as a management control system in improving organizational learning. The process of data collected by survey respondents RB field with Sharia and Islamic branches of Islamic banking in Indonesia. By analysis of partial least square, show an interactive performance measurement system is positively associated with organizational learning. This study also found that the quantity and quality of financing for the outcome positively related to achievement of financial and non financial BPRS, but only the quality of financing are related to the achievement of financial and non financial performance of Islamic bank branches.
Faculty of Economics, Universitas Islam Indonesia
2017-10-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8745
10.20885/jeki.vol1.iss1.art1
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 1, Januari 2011; 1-15
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8745/7429
Copyright (c) 2017 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/8746
2022-06-02T05:28:25Z
JEKI:ART
driver
MODEL PEMBERDAYAAN PEREMPUAN MISKIN MELALUI PROGRAM KEUANGAN MIKRO SYARIAH BERBASIS MASYARAKAT (PROGRAM MISYKAT DPU-DT)
Pujiyono, Arif
Poverty is a problem that caused the failure of economic systems. Women have great potential in helping to overcome poverty. Indonesia has great potential to optimize the social fund an independent source of Zakat, and alms infak (ZIS) through empowerment of the poor. This research is to analyze financial assistance to community-based micro-sharia (Misykat) DPU-DT in Central Java. The results showed that the program can improve that Misykat welfare poor women. Wilcoxon different test results Misykat program can increase consumption, income, profits and savings of poor women beneficiaries Misykat. Additionally, the program Misykat increasing empowerment of poor women, shoft their skill level increases based on the size of confidence, business skills, business success and the science of religion.Â
Faculty of Economics, Universitas Islam Indonesia
2017-10-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8746
10.20885/jeki.vol1.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 1, Januari 2011; 17-37
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8746/7430
Copyright (c) 2017 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/8747
2022-06-02T05:28:51Z
JEKI:ART
driver
HUBUNGAN ORIENTASI PENGURUS LAZ TERHADAP NILAI SOSIAL EKONOMI: PEMANFAATAN ZAKAT DENGAN KEBIJAKAN PIMPINAN
Hadi, Dudi Abdul
Anna, Yane Devi
This research is intended to know about accountability in the relation between amil of LAZ, that is the chief of zakah distribution and the leader of LAZ. The research is conÂducted at five registered lembaga amil zakat (LAZ) in Bandung. The research is descriptive explorative survey and uses quantitave approach. The data analysis uses the Pearson Product Moment correlation coefficient. All hypothesis testing of the statements result in nonzero value of the Pearson Product Moment correlation coefficient. It can be concluded primarily that orientation of LAZ amil toward socioeconomic value of zakah utilization and leader policy are highly correlated by the amount of 0,9092.
Faculty of Economics, Universitas Islam Indonesia
2017-10-10
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8747
10.20885/jeki.vol1.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 1, Januari 2011; 39-60
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8747/7431
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oai:ojs.jurnal.uii.ac.id:article/8748
2022-06-02T05:29:19Z
JEKI:ART
driver
MENUJU TEORI AKUNTANSI SYARIAH BARU
Mulawarman, Aji Dedi
Triyuwono, Iwan
Irianto, Gugus
Ludigdo, Unti
The purpose of this article is to develop shariate accounting theory called the New Islamic Accounting Theory (NIAT), constructed from simultaneous universalities of Islamic soul (Tauhid) and localities of Indonesian uniqueness (Moslem business activity). This methodology used is Extended Integrated Islamic Hyperstructuralism (EXIST)-revisited, based on purification (tazkiyah) that would take synergy of empirical and normative values. The result is, first, normative accounting values have Tauhid values. Second, the values from Indonesian Moslem is about unified tradition works (ma’isyah) to realize livelihood (rizq) and discover wealth (maal) that should be blessing of God (barakah). Third, synergy consequences from normative-empirical values compose the structure of shariate accounting theory that have unique accounting objectives and technological forms of shariate financial statements.
Faculty of Economics, Universitas Islam Indonesia
2011-01-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8748
10.20885/jeki.vol1.iss1.art4
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 1, Januari 2011; 61-78
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8748/7432
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oai:ojs.jurnal.uii.ac.id:article/8749
2022-06-02T05:29:48Z
JEKI:ART
driver
MENGGAGAS KONSEP PENERAPAN SHARIAH COMPLIANCE AUDIT: SEBUAH UPAYA PENCAPAIAN ISLAMIC CORPORATE GOVERNANCE
Prakosa, N. Iman
Zuchri, Lutfi
This research is aimed to give solution over the imbalance that happened between the practices that shariah business entities actually do and those that should be done. This research will formulate an ideal concept regarding shariah compliance audit which involves independent party outside the company structure—the independent party suggested in this research is Certified Shariah Public Accountant (APSB)—who will assess the fairness of shariah business entity practices in accordance with Indonesian Generally Accepted Principals of Shariah Business Practices (PPBSBUI). Then hopefully there would be no more public deception upon “shariah†label on shariah business entities and the islamic corporate governance on shariah business entities will be accomplished as well.
Faculty of Economics, Universitas Islam Indonesia
2011-01-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8749
10.20885/jeki.vol1.iss1.art5
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 1, Januari 2011; 79-87
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8749/7433
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oai:ojs.jurnal.uii.ac.id:article/8750
2022-06-02T05:30:14Z
JEKI:ART
driver
TATA KELOLA INSTITUSI (INSTITUTIONAL ARRANGEMENT) KONTRAK MUDHARABA DALAM KERANGKA TEORI KEAGENAN
Manzilati, Asfi
This study offers an alternative governance (arrangement) mudharaba contract resulting mudharaba institutions that benefit both parties (principal and agent). With interviews obtained two important findings: first, the character of prospective clients is an important determinant of the creation of a contract as collateral material (should) not be used as a tool to compensate for the risk, and the second is that monitoring is key to the process of contract enforcement. Based on existing findings, to develop an institutional design that is expected mudharaba fair and beneficial to both parties, the bank / Shohibul mall as the principal and client / mudarib as an agent.
Faculty of Economics, Universitas Islam Indonesia
2011-01-01
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8750
10.20885/jeki.vol1.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 1, Januari 2011; 89-107
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8750/7434
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oai:ojs.jurnal.uii.ac.id:article/8751
2022-06-02T05:30:42Z
JEKI:ART
driver
PELUANG DAN TANTANGAN INSTITUSI PENDIDIKAN EKONOMI ISLAM DALAM KONTEKS TREND EKONOMI GLOBAL
Kholis, Nur
The development of Islamic economy is currently very rapidly in Indonesia, particularly Islamic banking. Of course, this is due to start his conscious development of the community against the adverse effects of western capitalist economies. Even though, so the high growth of Islamic banking is not accompanied by high quality human resources. This paper tries to dig deeper into the role of institutions and educational institutions in preparing human resources "insani". Prepared with human resources are good then the sharia Islamic economy will be able to exist and grow amid a global economy.
Faculty of Economics, Universitas Islam Indonesia
2011-01-01
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8751
10.20885/jeki.vol1.iss1.art7
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 1, Januari 2011; 109-122
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8751/7435
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oai:ojs.jurnal.uii.ac.id:article/8752
2022-06-02T04:45:35Z
JEKI:ART
driver
TELAAH KRITIS ATAS KONSEP GOOD CORPORATE GOVERNANCE DITINJAU DARI SHARI'ATE ENTERPRISE THEORY
Wulandari, Anis
Irianto, Gugus
Ludigdo, Unti
GCG (Good Corporate Governance) is the most popular principle to keep integrity for organization in the world. Almost all countries in the world keep this principle for building accountability and transparency. Unfortunately, in the practice, GCG has less interpretation about the value of stakeholder. This research is aiming at reconstruction GCG (OECD version) and looking for the more acceptable concept for Islamic values. Hopefully, it can give solution for the problem itself. Having analyzed values and characters of SET, we construct new GCG based on sharia’s values. These values are; first; understanding about stakeholder company more deeply, second; the principle about stakeholder rights; third; the equality about stakeholder behaviour; fourth; principle of transparency;fifth; about accountability of company.
Faculty of Economics, Universitas Islam Indonesia
2017-10-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8752
10.20885/jeki.vol1.iss2.art1
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 2, Juli 2011; 123-139
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8752/7436
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oai:ojs.jurnal.uii.ac.id:article/8753
2022-06-02T04:46:05Z
JEKI:ART
driver
TINGKAT EFISIENSI PERBANKAN SYARIAH DAN KONVENSIONAL DENGAN MENGUNAKAN DATA ENVELOPMENT ANALYSIS (DEA)
Ferari, Nico
Sudarsono, Heri
This research utilizesa non-parametric frontier approach, Data Envelopment Analysis (DEA). By using such an analysis, the purpose of this study is to analyse 3 Islamic banks in Indonesia during 2007-2010 period. In general, the result of study indicates that the level of efficiency of Islamic bank is various moving over time. In intermediary efficiency, conventional bank is found to be more efficient than Islamic bank. Moreover, conventional bank is more efficient than Islamic bank. Since the study pinpoints the sources of inefficiency, it also helps to provide the banks with strategic planning
Faculty of Economics, Universitas Islam Indonesia
2017-10-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8753
10.20885/jeki.vol1.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 2, Juli 2011; 141-148
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8753/7437
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oai:ojs.jurnal.uii.ac.id:article/8755
2022-06-02T04:46:56Z
JEKI:ART
driver
MEMINIMUMKAN AGENCY PROBLEM DAN AGENCY COST DENGAN MENGGUNAKAN KONSEP ISLAM TENTANG PERUSAHAAN: ANTARA TEORI DAN PRAKTIK
Khoiruddin, Moh
Noekent, Vitradesie
Theoritically, a company based on the principles of Islamic law (profit and loss sharing/PLS) is believed to be able to minimize agency problems and agency cost than the conventional companies,either in the aspect of the business philosophy, contract design, and control. However, the implementation of PLS is still facing a lot of obstacles, Hence, it is not surprising that models of PLS is not predominantly used by Islamic financial institutions, both in Indonesia and abroad. The cclassic argument on  why the model is not dominant because it is considered more risky. In order to contribute to the agency problems in the Islamic perspective, this paper, firstly, will explain and explore the arguments which show advantages of Islamic concept on company in reducing agency problems and agency cost. Secondly, this paper will reveal the obstacles and problems faced in the implementation of such concept. Thirdly, this paper will offer an alternative solution framework to address various issues and constraints faced by them. Solutions offered here includes understanding aspects of the Islamic business draft, micro and macro benefits, human resources, regulatory and performance measurement indicators of  Islamic financial institutions.
Faculty of Economics, Universitas Islam Indonesia
2017-10-10
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8755
10.20885/jeki.vol1.iss2.art3
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 2, Juli 2011; 149-167
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8755/7438
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oai:ojs.jurnal.uii.ac.id:article/8758
2022-06-02T04:47:26Z
JEKI:ART
driver
AKUNTABILITAS PADA LEMBAGA AMIL ZAKAT, INFAQ DAN SHADAQAH (STUDI KASUS PADA YAYASAN DANA SOSIAL AL-FALAH (YDSF) MALANG)
Riyanti, Yudha Rubi
Irianto, Gugus
The alms organization (Lazis) is an organization which has duty to manage the donation of muslims, the biggest population of Indonesia. Therefore, implementation of accountability of such organization is necessary, considering the large amount of the potential donation that could be managed. The objective of this research is to understand the accountability practice of a well known alms organization named Yayasan Dana Sosial al Falah (YDSF) Malang branch. This is a descriptive-qualitative study. The findings of this research show that the accountability practice of YDSF Malang includes habluminallah and habluminannas dimensions. The substance of such accountability practice includes physical, mental and spiritual aspects as classify by Triyuwono and Roekhuddin (2000). Physically, the accountability practice is materialized in the responsibility report to the YDSF holding and to the benefactors. Mentally and spiritually, it is materialized into various programs both in economic and social, as well as employees’ ethic and the employees’ obedience to the Islamic law. Finally, this research proposes a variant of conventional agency theory which is stated as Islamic Agency Theory.Â
Faculty of Economics, Universitas Islam Indonesia
2022-06-02
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8758
10.20885/jeki.vol1.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 2, Juli 2011; 169-180
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8758/7439
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oai:ojs.jurnal.uii.ac.id:article/8759
2022-06-02T04:49:58Z
JEKI:ART
driver
PERAN PASAR TRADISIONAL DALAM MENYERAP ANGKATAN KERJA PEREMPUAN
Faizah, Siti Inayatul
Imbalancing between over labor with ability of absorption capacity happened in a long time. Since the construction decade era 1970’s had signed by labor problem (unemployment). The construction that wasn’t on proletariat’s side can be one of because rooted jobless problem. The construction program also became drift of citty and man caused happening of difference between man and women laborer was very significant. Drift of construction that caused difference between man and woman laborer, had effect on status movement of woman laborer. Gradually, it was true that there were rising Participation of Labor Generation Level (TPAK) of woman. But if we studied more trhough percentage comparison of Participation Labor Force Level (TPAK) of woman to woman citizen from the whole, it gave the low result. Based on quantity, infact the woman laborer had big potential was neglected and let trhough, it will have negative effect on acceleration of economy growth and development of construction process. According to SUSKERNAS notes, rising of Participation Labor Force Level (TPAK) of woman before crisis in 1980s era was absorbed in industry sector. But, the top of storm crisis in 1997 caused mass decrease in the labor world and Participation Labor Force Level (TPAK) of woman in this sector has gone down. As alternative, the over woman laborer lean expectation and their life on informal sector traditional market. This sector became main alternative because its characteristic that was flexible to accept whoever without seeing on gender, capital, skill and the access of labor information.
Faculty of Economics, Universitas Islam Indonesia
2011-01-01
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8759
10.20885/jeki.vol1.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 2, Juli 2011; 181-196
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8759/7440
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oai:ojs.jurnal.uii.ac.id:article/8760
2022-06-02T04:51:23Z
JEKI:ART
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MENGENTASKAN KEMISKINAN DALAM PERSPEKTIF EKONOMI SYARI'AH
Majid, M. Shabri Abd.
This study discusses the concept of poverty from an Islamic perspective. It then attempts to propose a holistic strategy to alleviate poverty in Indonesia within the Shari'ah framework. To eradicate poverty, inter alia, Indonesian Muslims should constantly and steadfastly improve their devoutness to the Almighty God. Their daily activities must be always in harmony with the Divine injunctions, the Holy Qur'an and Hadith. The elite groups must compromise and do not monopolize power and wealth in the country. Developmental budget should be proportionately distributed among its citizens. Just economic and democratic political systems which are free from corruption and malpractices must be upheld. The rich Indonesian Muslims must fulfil their rights to the poor by paying zakat (Islamic tax). The ruling government should not be oppressive; the political elites should not take a chance to reap their benefits in the political instability in the country. The just distribution of income should be preserved so that the continuous efforts to alleviate poverty can be easily intensified.
Faculty of Economics, Universitas Islam Indonesia
2011-07-01
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8760
10.20885/jeki.vol1.iss2.art6
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 2, Juli 2011; 197-205
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8760/7441
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oai:ojs.jurnal.uii.ac.id:article/8761
2022-06-02T04:52:31Z
JEKI:ART
driver
EFEKTIVITAS SISTEM HUKUM PERBANKAN SYARIAH DALAM UU N0 21 TAHUN 2008 DAN DAMPAKNYA PADA PEMBANGUNAN EKONOMI
Nurani, Nina
Economic development cannot be separated from the legal development as the efforts to manifest national develoment. Legal development in the era of reform is the effort to perform the effectivity of national legal system covering legal substance, legal structure, and the involvement of society that has high legal awareness to support the formation of the intended national legal system.The efforts to perform the effectivity of national legal system in reaching the national development goals namely creating people’s welfare and justice based on economic democracy, the develoment of economic system based on the values of justice, togetherness, even distribution, and the usefulness in accordance with syaria principles, the government enforce the syaria banking laws in the law itself, UU No.21 Tahun 2008, with the considerations that syaria banking has specification compared to the conventional banking. According to Berkowitz and Walker, the effectivity of legal system is performed in the form of legal behavior willingly, i.e. obedience. This requires legitimacy in terms of regulating the adequate acts leading to the agreement for obedience. The constraints of UU No. 1 Tahun 2008 are that this Act (UU) has not been comprehensive on regulating the implementation of banking activities or products by means of electronic facilities as the impacts of global economy bringing to national economic development. The aforementioned legal problems require specific rules such as separately regulating.
Faculty of Economics, Universitas Islam Indonesia
2011-07-01
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8761
10.20885/jeki.vol1.iss2.art7
Jurnal Ekonomi & Keuangan Islam; Volume 1 No. 2, Juli 2011; 207-216
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8761/7442
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oai:ojs.jurnal.uii.ac.id:article/8764
2022-06-02T04:33:07Z
JEKI:ART
driver
ANALISA PENGARUH KRISIS GLOBAL FINANCIAL TERHADAP JAKARTA ISLAMIC INDEX (JII) DAN INDEX HARGA SAHAM GABUNGAN (IHSG)
Fitriany, Fitriany
The financial crisis in the United State on September 2008 has created global impact to the world economy, including the performace of capital markets. Most of market indexes around the world fall down significantly, including market indexes in Bursa Efek Indonesia (BEI). There were five market index in BEI, namely IHSG, LQ 45, MBX, DBX, and JII. This research is mainly aim to examine the influence of the US financial crisis to the performace of JII and IHSG. In addition, the relation of JII and IHSG to DowJones Index, Tokyo Index, and Hongkong Index are also examined. To get the aim done, a Vector Autoregressive Model (VAR) is utilized. VAR is an appropriate model to examine a simultaneous relationship with capability to tract impulse response among variables. The research findings show the US financial crisis has created significant shocks toward JII and IHSG during September to October 2008. Both IHSG and JII has constantly decrease during 8 weeks, but IHS was getting recovered quicker than JII. The investment rather than speculation motive of the players in JII cound be the answer for this finding.
Faculty of Economics, Universitas Islam Indonesia
2017-10-11
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8764
10.20885/jeki.vol2.iss1.art1
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 1, Januari 2012; 1-12
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8764/7443
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oai:ojs.jurnal.uii.ac.id:article/8765
2022-06-02T04:33:45Z
JEKI:ART
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MANAJEMEN RESIKO PEMBIAYAAN DI BAITUL MAAL WA TAMWIL DAN BANK PEMBIAYAAN RAKYAT SYARIAH: SEBUAH STUDI PERBANDINGAN
Susilo, Edi
Hakim, Abdul
This paper analyzes the impact of regulation and supervision system on the application of financial risk management in BMT Beringharjo (hereafter BMTB) and BPRS Madina (hereafter BPRSM). As understood, BMTs are loosely regulated and supervised by the Department of Cooperation, while BPRs are highly regulated and supervised by Bank Indonesia. Using a qualitative method, this paper finds that the financing organization in BMT needs improvement as the director and the manager are the same person. The financing procedure works well despite the lack of online system to coordinate branch offices. The paper also finds that BPRSM complies the financing procedure made by BI. The financing organization in BPRSM also works well, from the top commisariate to the employees level.
Faculty of Economics, Universitas Islam Indonesia
2017-10-11
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8765
10.20885/jeki.vol2.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 1, Januari 2012; 13-26
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8765/7444
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oai:ojs.jurnal.uii.ac.id:article/8766
2022-06-02T04:38:18Z
JEKI:ART
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AKUNTABILITAS PADA BAITUL MAAL WAT TAMWIL DITINJAU DARI PERSPEKTIF SHARI'ATE ENTERPRISE THEORY
Amerieska, Siti
Irianto, Gugus
Affandy, Didied P.
Accountability is one of the most important concepts in business and organizations. Understanding accountability itself became important for the actor who play the operational and performance to realize accountability in business and organizations. But accountability now has “less” interpretative; cause without aware with all stakeholders. Organization just think the most important contribute given by direct stakeholder only. SET (Shari‘ate Enterprise Theory) give the alternative solution about dimension of relationship on accountability. The alternative dimension relation first of all is dimension relation people with God. Second relation dimension is between people with people that have two categories direct and indirect stakeholder. And the third dimension is relation people with environmental, people with God. Reality accountability in BMT, have effort to realize accountability with all stakeholder. But in the realty still have superior accountability relation, which in categories dimension between people with people.
Faculty of Economics, Universitas Islam Indonesia
2017-10-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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https://journal.uii.ac.id/JEKI/article/view/8766
10.20885/jeki.vol2.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 1, Januari 2012; 27-39
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8766/7445
Copyright (c) 2017 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/8767
2022-06-02T04:39:29Z
JEKI:ART
driver
ANALISIS MINAT BELI KONSUMEN MUSLIM TERHADAP PRODUK YANG TIDAK DIPERPANJANG SERTIFIKAT HALALNYA
Listyoningrum, Anggit
Albari, Albari
This research is aim to analysize the influence of attitude, subjective norm, and control behavior perception to consumer purchase interest based on Ajsenâ's Theory of Planned Behavior ( 1991). Object of this research was a cake product of a company which no longer has halal certificate from Majelis Ulama Indonesia (MUI). As many as 100 students of Fakultas Ekonomi UII were taken as respondents by using judgment sampling method. These respondents are assumed to represent muslim consumers of the cake product. A multiple regression model was run to examine the influence of independent variables to dependent variable. The result shows the positive influence of all independent variables to consumer purchase interest variable.
Faculty of Economics, Universitas Islam Indonesia
2017-10-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8767
10.20885/jeki.vol2.iss1.art4
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 1, Januari 2012; 40-51
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8767/7446
Copyright (c) 2017 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/8768
2022-06-02T04:40:00Z
JEKI:ART
driver
DETERMINAN KINERJA SISTEM INFORMASI AKUNTANSI: STUDI EMPIRIS PADA BANK SYARIAH DI WILAYAH DAERAH ISTIMEWA YOGYAKARTA
Marfuah, Marfuah
Handoko, Akbar
This research is aim to analyze factors affecting the performance of accounting information system (SIA) of Islamic Banks in Daerah Istimewa Yogyakarta (DIY). The variables that are expected to influence SIA including the existence of monitoring board, formalization of information system, top management support, user involvement, technical skill of staff, organization size, training and education program, location of information system department, communication between user and developer, and user conflict . As many as 65 respondents were taken from 3 Islam banks in DIY. The research findings show that there are 6 variables that significantly influencing the performance of SIA, namely: the existence o fmonitoring board, top management support, user involvement, technical skill of staff, organization size, training and education program, location of information system department, communication between user and developer. Meanwhile, user conflict variable has negative influence on the performace of SIA. Formalization of information system variable and organization size variable have no influence on the performance of SIA.
Faculty of Economics, Universitas Islam Indonesia
2017-10-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8768
10.20885/jeki.vol2.iss1.art5
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 1, Januari 2012; 52-63
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8768/7447
Copyright (c) 2017 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/8769
2022-06-02T04:40:45Z
JEKI:ART
driver
ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI TINGKAT PARTISIPASI DAN PEMILIHAN TEMPAT BERZAKAT DAN BERINFAK
Beik, Irfan Syauqi
Alhasanah, Izzatul Mabniyyah
Brebes is one of the region that has high rate of poverty on national level. In the same time, however, Brebes is also the forth highest of Regional GDP in Central Java. One of instrument that is expected to reduce the poverty rate and income disparity is zakah. This research is aim to analyse factors affecting participation rate of society for paying zakah, charity, and choosing its payment place in Brebes Region. A questionare was distributed to 100 respondents and then analyzed by using discriminant factor. The result shows that factors affecting participation rate for paying zakah are believe, altruism, appreciation, organization, and income. In addition, factors affecting participation rate for paying charity are believe, altruism, satisfaction, education level, and frequency for charity. Meanwhile, education and organization on Zakah Management (OPZ) affect the choice of payment place for zakah.
Faculty of Economics, Universitas Islam Indonesia
2017-10-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8769
10.20885/jeki.vol2.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 1, Januari 2012; 64-75
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8769/7448
Copyright (c) 2017 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/8770
2022-06-02T04:41:09Z
JEKI:ART
driver
KEBUTUHAN DAN TANTANGAN AUDIT SYARIAH DAN AUDITOR SYARIAH
Nugraheni, Peni
Audited financial statement is the ways to make sure that information available on that report can be used to make decision, because there is an opinion of independent person (auditor) whether it presents a true and fair view of the company or not. Islamic bank established Shariah Supervisory Board (SSB) that one of its functions is to issue report about the compliance of Islamic bank in all activities with Islamic principles. This report is published with the external auditor’s annual report. Islamic bank is common to hire conventional auditor to audit its financial statements. However, because of the unique characteristics of Islamic bank, the using conventional auditor raises an issue whether it is adequate to audit and report on the accounts of an Islamic organization. By understanding the Islamic value, characteristics, activities, operation and normative content of Islamic banking report, this paper argues that conventional auditors is not adequate in both his knowledge and code of ethics, and therefore, the need for shariah audit become important for this institution. Shariah audit program, shariah audit qualification and education and independence of shariah auditor are the challenges to create qualified shariah auditors.
Faculty of Economics, Universitas Islam Indonesia
2017-10-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/8770
10.20885/jeki.vol2.iss1.art7
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 1, Januari 2012; 76-88
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/8770/7449
Copyright (c) 2017 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10157
2022-06-02T04:20:01Z
JEKI:ART
driver
Pengaruh Pembiayaan, Aset, dan FDR Perbankan Syariah terhadap Kesejahteraan Masyarakat di Indonesia
Nurdany, Achmad
Sejak pertama kali Bank Muamalat Indonesia (BMI) beroperasi, 1 Mei 1992, perbankan syariah terus mengalami pertumbuhan yang pesat. Sampai dengan Juni 2015 ini, jumlah perbankan syariah di Indonesia sudah mencapai totalnya 12 Bank UmumSyariah (BUS), 22 Unit Usaha Syariah (UUS), dan 161 Bank Pembiayaan Rakyat Syariah (BPRS). Meningkatnya pertumbuhan perbankan syariah di Indonesia pada dasarnya juga diharapkan mampu mendorong perekonomian bangsa dan kesejahteraan masyarakat Indonesia menjadi lebihbaik.Penelitian ini disusun dalam rangka menganalisis apakah perbankan syariah berdampak terhadap kesejahteraan masyarakat di Indonesia atau tidak, kalau berdampak kemudian bagaimana pengaruhnya apakah positif atau negatif. Kesejahteraan masyarakat dalam hal ini menurut perspektif Islam diukur dengan menggunakan Indeks Pembangunan Manusia (IPM+). IPM+ merupakan sebuah indeks yang dapat merepresentasikan kesejahteraan menurut perspektif Islam, dimana di dalam IPM+ terdapat 5 komponen maslahah yang terdiridari agama, jiwa, intelektual, keluarga, dan harta.Hasil penelitian menunjukkan bahwa secara individu, hubungannya dengan kesejahteraan masyarakat Indonesia menurut perspektif Islam, variabel pembiayaan perbankan syariah berpengaruh positif signifikan, variable aset perbankan syariah berpengaruh negatif signifikan, dan variabel FDR perbankan syariah tidak memiliki pengaruh. Namun demikian, secara bersama-sama variabel pembiayaan, aset, dan FDR perbankan syariah berpengaruh signifikan terhadap kesejahteraan masyarakat menurut perspektif Islam di Indonesia.Bank Muamalat Indonesia (BMI) begins its operation on 1st May 1992 and since then the Islamic banking in Indonesia has continued showing rapid growth. As of June 2015, the number of Islamic banks in Indonesia has reached a total of 12 Sharia Commercial Banks (BUS), 22 Sharia Business Units (UUS), and 161 Sharia Rural Financing Banks (BPRS). Increasing the growth of Islamic banking in Indonesia is expected to encourage the nation's economy and increasing the welfare of Indonesian society. This study is arranged in order to analyze whether Islamic banking affects the welfare of Indonesian society or not, if Islamic banking has an impact if it's positive or negative. The public welfare from an Islamic perspective is measured using the Human Development Index (HDI +). HDI + is an index that can represent welfare according to Islamic perspective, where there are 5 components of maslahah consisting of religion, soul, intellectual, family, and property. The research result shows that individually, Islamic banking has impact with the welfare of Indonesian society based on Islamic perspective. Islamic banking financing has a significant positive effect, sharia banking asset variable has a significant negative effect, and the variable of FDR of sharia banking has no effect. Nevertheless, jointly financing variables, assets, and FDR of sharia banks have a significant effect on the welfare of society according to Islamic perspective in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2018-03-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10157
10.20885/jeki.vol2.iss2.art1
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 2, Juli 2016; 1-9
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10157/8057
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10161
2022-06-02T04:23:53Z
JEKI:ART
driver
Pengaruh Efisiensi Usaha, Risiko Keuangan dan Kepercayaan Masyarakat terhadap Kemampuan Penyaluran Pembiayaan pada Bank Umum Syariah di indonesia Tahun 2011-2014
Astuti, Fitri
Studi ini menganalisis pengaruh efisiensi usaha, risiko keuangan dan kepercayaan masyarakat terhadap distribusi pembiayaan Bank Syariah Indonesia di tahun 2011-2014. Berdasarkan metode purposive sampling, delapan bank syariah termasuk dalam penelitian ini. Model analisis yang digunakan dalam penelitian ini adalah model analisis data regresi. Hasil penelitian menunjukkan bahwa secara parsial NPM memiliki pengaruh negatif dan tidak berpengaruh signifikan terhadap FDR dan LR berpengaruh positif dan tidak signifikan terhadap FDR. Selanjutnya variabel ROA memiliki nilai positif dan signifikan terhadap FDR, ROA memiliki efek negatif dan signifikan terhadap FDR, CR memiliki efek positif dan signifikan terhadap FDR, CPR memiliki efek positif dan signifikan terhadap FDR. Terakhir DPK memiliki efek negatif dan signifikan terhadap FDR.
Faculty of Economics, Universitas Islam Indonesia
2018-03-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10161
10.20885/jeki.vol2.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 2, Juli 2016; 10-20
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10161/8059
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10163
2022-06-02T04:25:04Z
JEKI:ART
driver
Karakteristik penentu pembiayaan murabahah pada Bank Tabungan Negara (BTN) Syariah
Susanto, Heri
Sumarmawati, Eka Dewi
Kholis, Nur
Penelitian ini menggunakan kuadrat kecil atau ordinary least squares (OLS) dalam upaya untuk mengetahui faktor-faktor yang mempengaruhi dan faktor-faktor yang paling dominan berpengaruh terhadap pembiayaan murabahah di (BTN) Syariah tahun 2010-2015. Tujuan dari penelitian ini adalah untuk menganalisis faktor-faktor Non-Performing Financing (NPF), Sertifikat Wadiah Simpanan Bank Indonesia (DPK) dan Margin Gain berpengaruh terhadap pembiayaan murabahah pada periode syariah (BTN) tahun 2010-2015. Data yang digunakan dalam penelitian ini diperoleh dari beberapa sumber kegiatan untuk mendapatkan laporan keuangan di (BTN) Syariah. Hasil penelitian ini menunjukkan bahwa pembiayaan bermasalah tidak mempengaruhi pembiayaan murabahah di (BTN) Syariah, Sertifikat Wadiah Bank Indonesia berpengaruh signifikan terhadap pembiayaan murabahah (BTN) Syariah, Deposito Simpanan tidak berpengaruh terhadap pembiayaan murabahah pada (BTN) Syariah, berpengaruh signifikan terhadap Profit Margin murabahah pembiayaan pembiayaan (BTN) Syariah terhadap Rasio Deposito berpengaruh signifikan terhadap pembiayaan murabahah syariah (BTN).
Faculty of Economics, Universitas Islam Indonesia
2018-03-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10163
10.20885/jeki.vol2.iss2.art3
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 2, Juli 2016; 21-27
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10163/8061
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10165
2022-06-02T04:28:52Z
JEKI:ART
driver
Studi komparatif tingkat efisiensi perbankan konvensional dan perbankan syariah di Indonesia
Hidayah, Nur
Penelitian ini bertujuan untuk menganalisis dan membandingkan tingkat efisiensi bank konvensional dan bank syariah di Indonesia selama 2012 hingga 2013. Sampel dalam penelitian ini diambil secara random dengan rumus slovin yang kemudian didapat sampel sebanyak 49 bank yang terdiri dari 11 bank syariah dan 38 bank konvensional. Penelitian ini menggunakan data sekunder yang dapat diambil dari laporan keuangan publikasi bank. Pemilihan variabel yang digunakan dipilih berdasarkan pendekatan intermediasi yang merupakan fungsi pokok perbankan. Metode Data Envelopment Analysis (DEA) digunakan untuk menganalisis data dalam penelitian ini dengan pendekatan Constant Return to Scale (CRS) dan input oriented. Dalam penelitian ini juga menggunakan Uji Mann-Whitney untuk mengetahui ada atau tidaknya perbedaan tingkat efisiensi antara bank konvensional dan bank syariah di Indonesia selama periode penelitian. Berdasarkan hasil perhitungan DEA, terdapat 3 bank yang mengalami efisiensi sempurna selama periode penelitian. Dari hasil uji Mann-Whitney diketahui bahwa terdapat perbedaan yang signifikan pada nilai efisiensi perbankan konvensional dan perbankan syariah di Indonesia selama triwulan pertama 2012 hingga triwulan ketiga 2013.
Faculty of Economics, Universitas Islam Indonesia
2018-03-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10165
10.20885/jeki.vol2.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 2, Juli 2016; 28-37
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10165/8063
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10167
2022-06-02T04:30:00Z
JEKI:ART
driver
Pengaruh pembiayaan mudharabah, musyarakah dan murabahah terhadap profitabilitas BPRS di Indonesia periode 2012-2015
Anjani, Rivalah
Hasmarani, Maulidiyah Indira
Penelitian ini bertujuan untuk menganalisis pengaruh pembiayaan Mudaraba, Musharaka, dan Murabahah terhadap tingkat profitabilitas BPRS di Indonesia periode 2012 sampai 2015 dengan menggunakan rasio Return On Equity (ROE) secara simultan dan parsial. Sampel yang digunakan dalam penelitian ini adalah 64 data yang mencakup 4 BPRS dengan menggunakan laporan keuangan kuartalan I sampai IV selama 4 tahun. Metode analisis data yang digunakan dalam penelitian ini adalah regresi data panel dengan program Eviews. Hasil penelitian ini menunjukkan bahwa pembiayaan Mudaraba secara parsial merupakan efek negatif yang signifikan terhadap tingkat ROE, berbeda dengan musyarakah yang secara parsial berpengaruh positif dan signifikan terhadap tingkat ROE. Pembiayaan Murabahah tidak berpengaruh secara signifikan terhadap tingkat ROE.
Faculty of Economics, Universitas Islam Indonesia
2018-03-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10167
10.20885/jeki.vol2.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 2 No. 2, Juli 2016; 38-45
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10167/8065
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10726
2022-06-02T04:11:33Z
JEKI:ART
driver
Reaksi Pasar terhadap Penerbitan Bond dan Sukuk
Ash Shidiqi, Fahmi Nashirul Haq
As a financial instrument in the company, bond and sukuk are still in great demand for investors. Each company's decision will affect how investors react to the company's performance. The six companies sampled in this research are PT Adira Dinamika Multi, PT Indosat, PT Adhi Karya, PT Sumarrecon Agung, PT Mayora, and PT TPS Food. The analytical method used is to compare the differences with conducting independent t-test for two observations of bond and sukuk issuance.The average of sample t-tets result on bond and sukuk found that no significant mean difference, it shows the position of the bond and sukuk equally give influence to share price of a company. In the statistic t test results of the six companies, the sukuk and bonds respond quickly to the information, but unlike the results grouped between the companies with the highest and lowest rating. At the best ratings bonds and sukuk responded well, even the level of significance is very high, the speed of information received is better than the bonds and sukuk the lowest.
Faculty of Economics, Universitas Islam Indonesia
2018-05-18
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10726
10.20885/jeki.vol3.iss1.art1
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 1, Januari 2017; 1-9
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10726/8319
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10728
2022-06-02T04:12:34Z
JEKI:ART
driver
Analisis perbandingan kinerja saham syariah antara DJIMI, FSTE GIIS, KLSESI, dan JII
Maharani, Novita Kusuma
This research investigates whether the difference of Sharia stock screening mechanism in some countries will influence the index and stock performance. Some countries have a tight screening policy and the other countries have a loose screening policy. This research investigates 4 Sharia indices DJIMI, FTSE GIIS, KLSESI, and JII since October 2012 until September 2014. This research shows that the performance of the Sharia stock index is not affected by how tight the screening process of that index. Although KLSESI index has the tightest stock screening policy, but the performance is not different with the Sharia stock which has loosest stock screening policy which is DJMI index. When we compare the return of each index, the performance of the 4 indices shows insignificant different. The performance of JII stock which has the looser stock screening policy is also not different with the KLSESI stock performance which has the tighter stock screening policy.
Faculty of Economics, Universitas Islam Indonesia
2018-05-18
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10728
10.20885/jeki.vol3.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 1, Januari 2017; 10-18
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10728/8320
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10729
2022-06-02T04:13:11Z
JEKI:ART
driver
Market performance of sharia-compliant companies in Indonesia: relevance of earnings-management, leverage, and corporate
Tumewang, Yunice Karina
This study aims to explore the factors that influence the Islamic bank profitability. The profitability rate or Return on Asset (ROA) is utilized as dependent variable whereas internal financial factor (financial ratio indicator) and external factor (economic indicator) are adopted as independent variable. This study focus on social funds such as qard and ZIS contract. This study applies qualitative description with using time series data from March 2010 to September 2014. Moreover, Panel regression model is employed, MWD test and classical assumption test. This analysis finds that, firstly, financial ration and CAR has positive and not significant relationship although equity based financing has significant and positive relationship then in economic indicator results GDP growth and inflation has positively not significant. Furthermore, social funds indicator such in qard contract has positive and significant relationship to ROA or profitability rate. However, the second regression result that utilizes ZIS variable finds that all variables do not have significant relationship excluding GDP growth.
Faculty of Economics, Universitas Islam Indonesia
2018-05-18
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10729
10.20885/jeki.vol3.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 1, Januari 2017; 19-26
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10729/8321
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10730
2022-06-02T04:14:01Z
JEKI:ART
driver
Efisiensi perbankan Islam di Asia Tenggara
Fakhrunnas, Faaza
The development of Islamic banks in Southeast Asia increases quickly. To measure the Islamic banking performance, Islamic banking efficiency can be adopted as a benchmark. This study aims to measure the efficiency of Islamic banks in Southeast Asia. By applying Stochastic Frontier Analysis, this study utilizes input variable comprising total deposit and operating cost, then output variable consisting to total financing and earning asset whereas all variables mentioned-above are put as independent variable. Moreover, total cost is posited as dependent variable. By observing 28 Islamic banks in Southeast Asia during 2009-2012, this research finds that the level of efficiency Islamic Bank in Malaysia is 94,04%, Brunei Darussalam is 88,59%, and Indonesia is 88,35%. By performing independent t-test, it shows that there has different efficiency between Islamic Bank in Indonesia and Malaysia, and also between Indonesia and Southeast Asia.
Faculty of Economics, Universitas Islam Indonesia
2018-05-18
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10730
10.20885/jeki.vol3.iss1.art4
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 1, Januari 2017; 27-35
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10730/8322
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10731
2022-06-02T04:14:58Z
JEKI:ART
driver
Faktor-faktor yang mempengaruhi deposito mudharabah pada bank syariah di Indonesia
Juniarty, Nila
Mifrahi, Mustika Noor
Tohirin, Achmad
Mudharabah Deposit is one of Islamic banking products, which is the biggest contributor to sharia banking compared to other collecting products. In addition, according to Bank Indonesia's report, the number of Islamic banking deposits each year has increased significantly. Therefore, in this study, the authors want to know the factors that are expected to affect the number of mudharabah deposits. There are 6 factors that are expected to affect the number of deposits, namely the profit-sharing rate, the interest rate, the promotion rate, the inflation rate, the FDR, and the number of offices. The authors use a weighted average in terms of rate of profit sharing and interest rate and data processing using multiple linear regression. The results of these regression calculations, simultaneously show positive and significant results for all variables. This value resulted from the four regression has a value of sig-F 0.000 is smaller than 10% significance. Partially, profit sharing, promotion cost and number of offices show significant and positive effect on total mudharabah deposit, while interest rate, inflation and FDR show no effect on mudharabah deposit amount.
Faculty of Economics, Universitas Islam Indonesia
2018-05-18
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10731
10.20885/jeki.vol3.iss1.art5
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 1, Januari 2017; 36-42
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10731/8323
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10732
2022-06-02T04:15:48Z
JEKI:ART
driver
Dampak penerbitan sukuk dan obligasi konvensional terhadap return saham perusahaan di Indonesia
Hardianti, Nur Indah
Widarjono, Agus
Capital markets are an integral part of economic activity in many countries. One type of capital market is bonds. In Indonesia has developed two types of bonds are syariah-based bonds called sukuk and bonds are not based on sharia. The purpose of this study is to analyze the impact of issuance of sukuk and conventional bonds on stock returns. The company under study is a company that issues both sukuk and syariah bonds. This study uses event study to see the reaction of capital market to the event of issuance of sukuk and conventional bonds. The results showed that the abnormal return of stock is only influenced by variable of maturity value of sukuk and conventional bond. Thus, the stock market is not very responsive to the issuance of sukuk or conventional bonds.
Faculty of Economics, Universitas Islam Indonesia
2018-05-18
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10732
10.20885/jeki.vol3.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 1, Januari 2017; 43-51
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10732/8324
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10753
2022-06-02T04:03:46Z
JEKI:ART
driver
Analisis efektifitas transmisi kebijakan moneter konvensional dan syariah dalam mempengaruhi tingkat inflasi
Sudarsono, Heri
AbstractThe purpose of this research is to analysis the transmission mechanisme of dual monetary system from conventional and sharia to inflation (IHK) using Vector Auto Regression (VAR) methods. The data used in this study is monthly data in the form of time series began in January 2000 to December 2016. Data process employ stationer test, cointegration test, stability test, impulse response functions analysis and forecast error variance decomposition. The result of conventional transmission mechanisme shows that is SBMK effective to promote inflation, but SBI, LOAN, and PUAB are not effective to promote inflation. Meanwhile, the sharia transmission mechanisme indicate that are SBIS and FINCS not effective in drive inflation, while FINC and IHMK effective to boost inflation. Finally, in dual transmission mechanisme shows that LOAN and FINC contribute more than other variables in influencing inflation.
Faculty of Economics, Universitas Islam Indonesia
2018-05-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10753
10.20885/jeki.vol3.iss2.art1
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 2, Juli 2017; 53-64
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10753/8329
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10754
2022-06-02T04:04:55Z
JEKI:ART
driver
Analisis determinan kinerja Bank Pembiayaan Rakyat Syariah di Indonesia (pendekatan Direct Error Correction Model)
Panjawa, Jihad Lukis
Adi Kurniawan, Mahrus Lutfi
El Hasanah, Lak lak Nazhat
AbstractIslamic banking is emerging as a breakthrough and an alternative to conventional banking. The shariah-compliant financial services industry is currently at a growing stage compared to the advanced conventional financial services industry. The presence of the Shariah People Financing Bank also contributed to the economy as a credit channeling institution and it is expected that the wheels of the economy will spin faster and give a positive effect to the national economy. This study aims to analyze the influence of internal and external factors on the performance of Sharia Bank Financing in Indonesia Year 2011-2016. The analytical tool used in this research is the Error Corretion Model (ECM) which assumes the existence of a long-run equilibrium relationship between two or more economic variables, however in the short term that occurs is disequilibrium. With the error correction mechanism, a proportion of disequilibrium in a period is corrected in the next period. The results of this study indicate in the short term, internal factors represented by CAR and BOPO, and external factors are represented Exchange Rate and Inflation does not affect the Return On Asset Bank Syariah Rakyat Rakyat. In the long run CAR, BOPO and Kurs have a significant effect, while inflation does not significantly affect Return On Asset of Rural Bank of Sharia Liabilities.
Faculty of Economics, Universitas Islam Indonesia
2018-05-30
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10754
10.20885/jeki.vol3.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 2, Juli 2017; 65-72
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10754/8330
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10755
2022-06-02T04:05:29Z
JEKI:ART
driver
Relevansi carbon emission disclosure dan karakteristik perusahaan pada perusahaan yang terdaftar di Jakarta Islamic Index
Cahya, Bayu Tri
AbstractThis study aimed to analyze the influence of corporate’s characteristics toward carbon emission disclosure and disclosure of carbon emission effect toward firm value. Companies characteristics variable are proxied by firm size, profitability and leverage. The sampling method is a company incorporated in the Jakarta Islamic Index (JII) which amounted of 34 companies. The data used in this study is the annual reports of each companies obtained through the Indonesia Stock Exchange and the hypotheses were tested using multiple regression analysis. The results of this study indicate that the leverage proven that is has significant negative effect toward disclosure of carbon emissions, while profitability and size of the company doesn’t have significant influence. Finally, the disclosure of carbon emissions are significantly influence the value of the company.
Faculty of Economics, Universitas Islam Indonesia
2018-05-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10755
10.20885/jeki.vol3.iss2.art3
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 2, Juli 2017; 73-80
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10755/8763
Copyright (c) 2018 Author
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oai:ojs.jurnal.uii.ac.id:article/10756
2022-06-02T04:06:01Z
JEKI:ART
driver
Analisis perbandingan manajemen laba dengan metode Discretionary Accrual pada bank syariah dan bank konvensional
Pambekti, Galuh Tri
AbstractEarnings management is a deliberate act by managers using their power to determine the policy of regulating the level of corporate earnings. The purpose of this study is to prove that there is a difference between the level of earnings management in Islamic banks and conventional banks. The sample of this research are Islamic banks and conventional banks registered in Bank Indonesia for 2011-2015 The sample used is 96 samples. The testing technique in this study used independent mean test (Independent Sample T-Test). The earning management variables in this study were measured by discretionary accrual, measurement using Modified Jones Model (1991) to calculate total accruals. The results showed that the value of Sig. (2-tailed) is 0,000 indicates that there is a difference between Group A and Group B. It means that there is a difference between discretionary accrual ratio of conventional bank and discretionary accrual ratio of Islamic banks, it can be said there are differences in earnings management between Conventional Bank and Islamic Bank.
Faculty of Economics, Universitas Islam Indonesia
2018-05-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10756
10.20885/jeki.vol3.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 2, Juli 2017; 81-89
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10756/8761
Copyright (c) 2018 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10757
2022-06-02T04:06:41Z
JEKI:ART
driver
Faktor-faktor yang mempengaruhi minat mahasiswa bekerja di lembaga keuangan syariah
Candraning, Cynthia
Muhammad, Rifqi
AbstractDemand for sharia resources in various Islamic financial institutions is increasing. The rapid development of the Islamic finance industry is one of the causes. In addition, human resources that have the ability and knowledge about sharia transaction is not sufficient. This study aims to determine what factors affect the interest of students majoring in accounting to work in sharia financial institutions. Variables used include interest as an independent variable, as well as independent variables consisting of work considerations, financial rewards, work environment and spiritual. The test results show that market considerations, financial rewards/salary, work environment and spiritual have a significant influence on the interest of students working in sharia financial institutions.
Faculty of Economics, Universitas Islam Indonesia
2018-05-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10757
10.20885/jeki.vol3.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 2, Juli 2017; 90-98
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10757/8762
Copyright (c) 2018 Authors
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oai:ojs.jurnal.uii.ac.id:article/10758
2022-06-02T04:07:11Z
JEKI:ART
driver
Measurement Moslem religion in consumer behavior
Praswati, Aflit Nuryulia
Prijanto, Tulus
AbstractMost of the Indonesian population embraced Islam. The need and demand for products and services that meet the requirements and requirements of Islamic law are increasing. Indonesia is one of the 5 leading pioneer countries of ASEAN. The largest Muslim population is also in Indonesia. It is important for entrepreneurs, whether small, medium or large enterprises, need to understand how Muslim consumption behavior. A good understanding of Muslim consumption behavior can be a great opportunity to win the competition in the ASEAN Economic Community market. This study aims to analyze the measurement of Islamic religious community by taking into account consumption behavior. Data collection method used in this research is purposive sampling. The number of respondents in this study is 300 Muslim respondents. The results of this study of Muslim consumer behavior conclude that religion plays a very important role in making purchasing decisions from Indonesian Muslim society. The recommendation of this research is the need to create a conducive situation for Indonesian Muslim entrepreneurs in creating halal certified products and services to meet the needs of domestic and foreign markets. This form of support can be a business coaching workshop or the ease of lending capital from government or sharia financial services.
Faculty of Economics, Universitas Islam Indonesia
2018-05-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10758
10.20885/jeki.vol3.iss2.art6
Jurnal Ekonomi & Keuangan Islam; Volume 3 No. 2, Juli 2017; 99-108
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10758/8764
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/10798
2022-06-02T02:51:02Z
JEKI:ART
driver
Effect of productive zakat program on the improvement of welfare in Sragen regency
Romdhoni, Abdul Haris
This study aims to determine: 1) the effect of capital on improving the welfare of poor communities in Sragen Regency; 2) the influence of income on improving the welfare of the poor in Sragen Regency; 3) the impact of consumption on the improvement of the welfare of the poor in Sragen Regency; on improving the welfare of the poor in Sragen Regency; and 4) the influence of capital, income and consumption together on improving the welfare of poor communities in Sragen Regency.The research method used in this research is quantitative research method. This research was conducted in LAZISMU Sragen regency. The population in this research is all the students in LAZISMU Sragen regency. Sampling technique in this research use accidental sampling with sample as much as 90 mustahiq. Test the instrument using validity and reliability test. Methods of data analysis using multiple linear regression analysis, classical assumption test consisting of normality test, multicollinearity test, heteroskedastic test, F test, and t test.The results of this study indicate that: 1) capital affects the improvement of welfare. It is obtained from tcount (9,113)> ttable (1,992) and probability 0.000 <0,05; 2) income affects the improvement of welfare. It is obtained from tcount (2,760)> ttable (1,992) and probability of 0,007 <0,05; 3) consumption affects the improvement of welfare. It is obtained from the tcount (2,241)> ttable (1,992) and the probability of 0,028 <0,05. 6) capital, income and consumption affect the improvement of welfare. It is obtained from the value of Fcount of 162.645> Ftable = 2.37 and sig. 0,000 <0,05. Multiple linear regression equation in this research that is: Y = 3,299 + 0,703X1 + 0,208X2 + 0,090 X3.
Faculty of Economics, Universitas Islam Indonesia
2018-08-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10798
10.20885/jeki.vol4.iss1.art5
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 1, Januari 2018; 41-50
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10798/8533
Copyright (c) 2018 Author
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oai:ojs.jurnal.uii.ac.id:article/10948
2022-06-02T02:51:53Z
JEKI:ART
driver
Analisis regional keuangan inklusi perbankan syariah terhadap ketimpangan pendapatan di Indonesia
Prastowo, P
This research is aimed at observing the impact of financial inclusion sharia on income inequality in 33 provinces in Indonesia. This research employ FII sharia measure proposed by Sarma (2008, 2012) and panel EGLS which covers 2014 to 2016. There are four variable involved in the model, i.e. Gini index, FII, GRDP, and HDI. Based on the result, it can be shown that both FII sharia have significantly positive relationship with Gini index. This result can be interpreted that if there is an increase in FII , thus income inequality will also increase.
Faculty of Economics, Universitas Islam Indonesia
2018-08-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10948
10.20885/jeki.vol4.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 1, Januari 2018; 51-57
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10948/8535
Copyright (c) 2018 Author
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oai:ojs.jurnal.uii.ac.id:article/10960
2022-06-02T02:46:13Z
JEKI:ART
driver
Role of Islamic Finance Development to Financial Inclusion: Empirical Study in Islamic Banking Countries
Suseno, Priyonggo
Fitriyani, Yeny
AbstractThe purpose of this paper is to determine the level of regional financial inclusion in OIC countries which operate Islamic Banking and the link between financial inclusion and Islamic finance development. This is the first study of that investigate the role if Islamic finance to financial inclusion which include Islamic financial development and societal variables as independent variables. Panel data regression has been used to estimate the relationship between Islamic finance development and financial inclusion. EGLS, Estimated Generalize Least Square, is being used to reduce the autocorrelation among residual due to cross-sectional effect. Using Sharma Financial Inclusion Index, this study finds that the average Financial Inclusion Index is 22.2 with the highest index is 62.6 and the lowest index is 2.1. Based on panel data regression, this study finds that macro-economic factors, level of employment and GDP per capita, have the most significant influences on financial inclusion in Islamic banking countries. Other non-economic societal factors such as information technological advancement and corruption level do not significant influence on financial inclusion.Keywords --Panel regression, Financial Inclusion, Islamic Financial Development
Faculty of Economics, Universitas Islam Indonesia
2018-08-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/10960
10.20885/jeki.vol4.iss1.art1
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 1, Januari 2018; 1-8
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/10960/8534
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oai:ojs.jurnal.uii.ac.id:article/11177
2022-06-02T02:47:05Z
JEKI:ART
driver
Analisis efisiensi asuransi syariah di Indonesia tahun 2014-2016 dengan metode Data Envelopment Analysis (DEA)
Sunarsih, S
Fitriyani, F
Penelitian ini memilik tujuan untuk mengetahui tingkat efisiensi asuransi syariah diIndonesia dengan mengunakan metode Data Envelopment Analysis (DEA). Pendekatan DEA yang digunakan dalam penelitian ini adalah pendekatan intermediasi (the intermediation approach) dimana input yang digunakan adalah total aset, beban umum dan administrasi, dan pembayaran klaim. Sedangkan output yang digunakan adalah pendapatan investasi dan dana tabarru’. Penelitian ini menggunakan 19 sampel asuransi syariah yang terdaftar di OJK periode 2014 sampai 2016. Dari hasil olah data di ketahui bahwa Asuransi Central Asia, Asuransi Staco Mandiri, Asuransi Umum Mega dan Asuransi Sunlife menunjukkan tingkat efisiensi tidak dapat mencapai 100% selama tiga periode penelitian. Rendahnya tingkat efisiensi sejumlah perusahaan asuransi dalam penelitian ini dipengaruhi oleh beban umum dan administrasi, pembayaran klaim, pendapatan investasi, penanaman modal, dan penghimpunan dana tabarru’.
Faculty of Economics, Universitas Islam Indonesia
2018-08-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11177
10.20885/jeki.vol4.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 1, Januari 2018; 9-21
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11177/8530
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oai:ojs.jurnal.uii.ac.id:article/11178
2022-06-02T02:47:58Z
JEKI:ART
driver
The analysis of relationship between return rate on deposit of Islamic bank and conventional bank in Indonesia
Suyyinah, S
Affandi, Akhsyim
Penelitian ini menganalisis hubungan antara tingkat bagi hasil deposito bank syariah dengan tingkat suku bunga deposito bank konvensional yang ada di Indonesia menggunakan data bulanan periode Februari 2009 hingga Februari 2014. Metode yang digunakan adalah metode VECM. Hasil analisis menunjukkan bahwa terdapat hubungan jangka panjang antara tingkat bagi hasil deposito bank syariah dengan tingkat suku bunga bank konvensional pada semua model deposito berjangka (deposito 1 bulan, deposito 3 bulan, deposito 6 bulan, dan deposito 12 bulan) dalam penelitian. Hasil olah data menunjukkan bahwa peranan guncangan tingkat suku bunga deposito bank konvensional dalam menjelaskan fluktuasi tingkat bagi hasil deposito bank syariah lebih besar dibandingkan peranan guncangan tingkat bagi hasil deposito bank syariah dalam menjelaskan fluktuasi tingkat suku bunga deposito bank konvensional.
Faculty of Economics, Universitas Islam Indonesia
2018-08-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11178
10.20885/jeki.vol4.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 1, Januari 2018; 22-30
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11178/8531
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oai:ojs.jurnal.uii.ac.id:article/11179
2022-06-02T02:50:21Z
JEKI:ART
driver
Efisiensi bank pembiayaan rakyat syariah (BPRS) di provinsi Jawa Tengah
Fauzi, Mahmud
Penelitian ini menganalisa efsiensi BPRS di Provinsi Jawa Tengah dengan Pendekatan DEA dari tahun 2012-2016.Obyek penelitian ini adalah seluruh BPRS di Provinsi Jawa tengah yang terdiri dari 26 BPRS.Penelitian ini menggunakan data sekunder yang berasal dari laporan keuangan BPRS pada periode 2012-2016 dan bersumber dari Bank Indonesia dan OJK. Penelitian ini merupakan jenis penelitian kuantitatif dengan non-parametrik Data Envelopment Analysis (DEA). Hasil penelitian ini menunjukan bahwa dari analisa efisiensi BPRS pada setiap tahunnya, dapat diketahui bahwa ada 5 BPRS yang dapat melakukan efisiensi selama 5 tahun berturut-turut, baik secara model CCR ataupun BCC. Sedangkan dari 26 BPRS yang ada di Jawa Tengah, terdapat 21 BPRS yang Inefisien baik itu hanya satu tahun ataupun lima tahun. Selain itu, yang menjadi sumber inefisiensi pada BPRS di Jawa Tengah adalah penggunaan variabel input yang kurang maksimal.
Faculty of Economics, Universitas Islam Indonesia
2018-08-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11179
10.20885/jeki.vol4.iss1.art4
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 1, Januari 2018; 31-40
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11179/8532
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oai:ojs.jurnal.uii.ac.id:article/11523
2022-06-02T02:39:10Z
JEKI:ART
driver
Sustainability of sharia rural bank in Central Java
Ayuningtyas, Rosida Dwi
Wati, Rosita
Safa’ah, Fitroh
This study analyzes the sustainability of the Islamic people's financing bank (BPRS) in Central Java in the period 2013 to 2017. The variables used in this study are financial sustainability ratio (FSR), non-performing financing, return on assets, financing debt ratio, operating expenses and capaital adequacy ratio. The sample selected in this study is 10 BPRS where the sample has published financial reports in Indonesian banks in 2013 to 2017. The analysis method used is panel data regression with the fixed effect method. In the test results that CAR partially has a positive effect on the financial sustainability ratio, while OER partially negatively affects the financial sustainability ratio. Based on the test results, BRPS Mount Slamet has the highest FSR value of 3.32%, while the lowest FSR is BPRS Saka Dana Mulia of 2.36%.
Faculty of Economics, Universitas Islam Indonesia
2018-11-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11523
10.20885/jeki.vol4.iss2.art1
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 2, Juli 2018; 59-66
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11523/8689
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oai:ojs.jurnal.uii.ac.id:article/11524
2022-06-02T02:42:44Z
JEKI:ART
driver
Pengaruh kinerja keuangan terhadap linkage non multifinance
Iqbal, Shihab
Tantriana, Deasy
This study aims to determine the effect of NPF and profit-sharing ratio of linkage financing to non-multi-finance linkage at Bank BNI Syariah. The research method used in this study is a quantitative approach with the type of associative research. The result of this research shows that there are simultaneous effects of NPF and profit-sharing ratio on non-multi-finance linkage. It is also known that the partial correlation between NPF and non-multi-finance linkages shows a significant influence. Likewise, the partial correlation between profit-sharing ratio and non-multi-finance linkages shows a significant influence. Based on the result of this study, profit-sharing ratio is more dominant in influencing non-multi-finance linkage. The conclusion of this study is that NPF and profit-sharing ratio are important factors in policy-making of approving a non-multi-finance linkage financing. Therefore, it is necessary to pay close attention to the state of NPF and Profit-Sharing Ratio, thus there will be no error in making decisions regarding non-multi-finance linkage financing.
Faculty of Economics, Universitas Islam Indonesia
2018-11-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11524
10.20885/jeki.vol4.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 2, Juli 2018; 87-92
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11524/8693
Copyright (c) 2018 Authors
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oai:ojs.jurnal.uii.ac.id:article/11525
2022-06-02T02:39:47Z
JEKI:ART
driver
Stock performance of Jakarta Islamic Index based on sharpe, Treynor and Jensen method
Susilo, Edi
Najah, Ainun
This study aims to analyse stock performance using the Sharpe, Treynor and Jensen methods at Jakarta Islamic Index during 2014-2016. This research is a descriptive and quantitative research. The object of the research is the stocks listed on Jakarta Islamic Index in the period of 2014 to 2016. The sample selection is determined by purposive sampling technique with the criteria of stocks consistently listed on Jakarta Islamic Index during 2014-2016. By this criteria, this study used 19 stocks as a sample. The result shows that there is no stock that consistently performed positively or consistently outperformed Jakarta Islamic Index against market benchmark.
Faculty of Economics, Universitas Islam Indonesia
2018-11-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11525
10.20885/jeki.vol4.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 2, Juli 2018; 67-74
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11525/8690
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oai:ojs.jurnal.uii.ac.id:article/11526
2022-06-02T02:41:49Z
JEKI:ART
driver
Pengaruh biaya operasional, Dana Pihak Ketiga (DPK), dan Non Peforming Financing (NPF) terhadap margin murabahah pada bank umum syariah di Indonesia
Zulpahmi, Zulpahmi
Rizqiana, Eka
This study aims to analyze and determine whether there is a direct effect of operating expense, third fund party and non-peforming financing to margin murabahah in Sharia commercial bank in Indonesia. Research population is Sharia commercial banks in Indonesia, while sampling technique used is purposive sampling with selected sample of 5 Sharia commercial banks. Data collection technique in this study is a document review of company’s Annual Report. However, techniques of processing and analyzing data are accounting analysis, descriptive statistical analysis, multiple linear regression analysis, classical assumption test, coefficient determinant coefficient analysis and hypothesis test using SPSS version 20. Based on the partial test, operating expense and third party fund have a positive and significant effect on margin murabahah while non-peforming financing has a negative and insignificant effect on margin murabahah. However, simultaneously operating expense, third party fund and non peforming financing have a positive and significant impact on margin murabahah.
Faculty of Economics, Universitas Islam Indonesia
2018-11-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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https://journal.uii.ac.id/JEKI/article/view/11526
10.20885/jeki.vol4.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 2, Juli 2018; 81-86
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11526/8692
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/11527
2022-06-02T02:40:48Z
JEKI:ART
driver
Pengaruh pembiayaan bagi hasil, non Performing Financing (NPF) dan Biaya Operasional Pendapatan Operasional (BOPO) terhadap Return On Assets (ROA) pada bank umum syariah
Kholis, Nur
Kurniawati, Lintang
This study aims to analyse the effect of profit-sharing financing, Non-Performing Financing (NPF) and Operating Expense Ratio (OER) both simultaneously and partially on ROA (Return On Assets) of Islamic banks in Indonesia. Sampling technique used in this study is random sampling. Data analysis used in this study is multiple linear regression with SPSS 21 for Windows. The result shows that partially profit-sharing financing and OER have no effect toward ROA of Islamic banks, but NPF has an effect.
Faculty of Economics, Universitas Islam Indonesia
2018-11-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11527
10.20885/jeki.vol4.iss2.art3
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 2, Juli 2018; 75-80
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11527/8691
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/11576
2022-06-02T02:43:26Z
JEKI:ART
driver
Islamic Bank peformance based on Maqasid Based Performance Evaluation Model (MPEM)
Mifrahi, Mustika Noor
Fakhrunnas, Faaza
This study aims to measure the performance of Sharia banking under Maqashid Shariah’s point of view. Maqashid-sharia-based Performance Evaluation Model (MPEM) approach does not only shows the overall banking performance as usual, but also in the aspect of its Sharia compliance. The samples used in this study are 11 Islamic banks which is retrived from Central Bank of Indonesia that consist of Islamic Bank’s annual report from 2011 to 2017. To measure the Islamic banks, this research adopts maqashid sharia measurement that consist of 5 (five) elements formulated in MPEM. According to the finding, Bank Muammalat Indonesia (BMI) outperforms in all aspects with an average value of 177,93. However, in detail each Islamic banks has its strength in different criteria. Eventhough in certain period Islamic banks suffered loss, this condition did not lead the bank to perform non sharia activity.
Faculty of Economics, Universitas Islam Indonesia
2018-11-08
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11576
10.20885/jeki.vol4.iss2.art6
Jurnal Ekonomi & Keuangan Islam; Volume 4 No. 2, Juli 2018; 93-103
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11576/8699
Copyright (c) 2018 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/11656
2022-06-02T02:32:21Z
JEKI:ART
driver
Fraud analysis in micro finance institution
Pebruary, Silviana
Edward, M. Yunies
Fuad, Eko Nur
Adhiatma, H. Ardian
Widiyanto, Widiyanto
Islamic microfinance institutions are financial institutions that carry out operational activities based on sharia principles. One of them is the Baitul Maal wa Tamwil (BMT), this institution serves savings and funding to the middle and lower communities by picking up the ball. With this system, it will be an opportunity for human resources (SDI) who are less loyal and responsible with their institutions to commit fraud or irregularities. Therefore, this study aims to find out how triangle fraud affects the occurrence of fraud in BMT. The research method uses independent path analysis with a sample of 84 respondents from the marketing department, supervisors, and financing managers. The results of this study are that Rationalization and pressure have a positive and significant effect on the occurrence of fraud, while the opportunity does not have an influence on the occurrence of fraud.
Faculty of Economics, Universitas Islam Indonesia
2019-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11656
10.20885/jeki.vol5.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 1, January 2019; 10-17
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11656/8940
Copyright (c) 2019 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/11826
2022-06-02T03:33:33Z
JEKI:ART
driver
Analysis of islamic banking financial performance before, during and after global financial crisis
Muhammad, Rifqi
Triharyono, Condro
The purpose of this study is to analyze the difference of the financial performance of Islamic banking before, during, and after global financial crisis. This study uses CAMEL ratios which consist of Capital, Asset quality, Management, Earning, and Liquidity ratio. The samples are Islamic banks in South-East Asia and East Asia using secondary data from financial statements of those Islamic banks before (2006-2007), during (2008), and after (2009-2010) global financial crisis. This study examines the hypotheses using Analysis of Variance (ANOVA) as analytical tool. This result shows that there are differences performance on the variables of capital, asset quality, management and earning measured by return of asset (ROA) while earning measured by operating expense ratio (OER) and liquidity do not indicate any differences in financial performance during the period. Thus, banks need to strengthen their liability side during a financial crisis.
Faculty of Economics, Universitas Islam Indonesia
2019-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11826
10.20885/jeki.vol5.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 2, July 2019; 80-86
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11826/9322
Copyright (c) 2019 Authors
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oai:ojs.jurnal.uii.ac.id:article/11852
2022-06-02T02:33:40Z
JEKI:ART
driver
A comparison of non-financial performance and earnings quality between QIIB and BIB
Tumewang, Yunice Karina
This study aims to evaluate and compare the non-financial performance and earnings quality of Islamic Banks in two different counties complying two different accounting standards, namely Qatar International Islamic Bank (QIIB) and Bahrain Islamic Bank (BIB). This study used a quantitative method with secondary data from the annual report of QIIB and BIB. This study sheds light on the financial and non-financial performance of QIIB and BIB as well as the difference between them. It provides a picture for the Islamic Finance industry regarding the performance of these two banks and what the implication of adopting different accounting standard on this case. Additionally, it helps to raise the awareness of society about the existence of Islamic banks and how well they have performed. As far as we are concerned, there is only small number of research on finding the significance of accounting standard adoption toward the performance of Islamic banks, although the urgency is increasingly growing for better convergence and significant development of Islamic banks. This work is an attempt to fill in this gap.
Faculty of Economics, Universitas Islam Indonesia
2019-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/11852
10.20885/jeki.vol5.iss1.art4
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 1, January 2019; 25-33
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/11852/8942
Copyright (c) 2019 Author
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oai:ojs.jurnal.uii.ac.id:article/12004
2022-06-02T02:32:59Z
JEKI:ART
driver
Ensuring the determinant of waqf in Indonesia: Does religiosity matter?
Nurdany, Achmad
This paper examines the determinant of waqf (Islamic Endowment) in form of land in Indonesia. The study used cross-section data analysis from 33 Provinces provided by Ministry of Religious Affairs Republic of Indonesia in 2016. This paper proposed a model and developed a hypothesis that the total number of land waqf in Indonesia will be determined by the ratio of Muslims to total population, the number of mosques and the number of clerics. The results showed that the impact toward waqf varies among independent variables. The ratio of Muslims does not have any relation to the waqf even though the regression coefficient is positive. The number of mosques has a negative impact, while the positive relationship only found in the number of clerics. For that reason, some policy recommendations are also discussed.
Faculty of Economics, Universitas Islam Indonesia
2019-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/12004
10.20885/jeki.vol5.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 1, January 2019; 18-24
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12004/8941
Copyright (c) 2019 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/12006
2022-06-02T02:31:03Z
JEKI:ART
driver
Measuring efficiency of Islamic banks: Evidence from Indonesia
Alfarisi, Mohamad Fany
Lukman, Syukri
The present study investigates the efficiency of Islamic banks in Indonesia particularly for the period of 2014-2015. To meet that objective, the data envelopment analysis (DEA) particularly input-oriented, variable return to scale (VRS) has been employed. Additionally, twelve full-fledge Islamic commercial banks are included as the sample of the study. Having analysed using the DEA model, we find the average technical efficiency score of Islamic banks in 2014 is 0.843. In this regard, the inefficiency of Islamic banks is attributed equally to pure technical efficiency and scale efficiency. Moreover, the average technical efficiency score of Islamic banks for the year of 2015 is 0.832 which is lower than the previous year. The inefficiency of Islamic banks in 2015 is mainly contributed by the scale inefficiency. Moreover, the results reveal a declining productivity of Islamic banks during the period of study.
Faculty of Economics, Universitas Islam Indonesia
2019-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/12006
10.20885/jeki.vol5.iss1.art1
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 1, January 2019; 1-9
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12006/8939
Copyright (c) 2019 Authors
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oai:ojs.jurnal.uii.ac.id:article/12013
2022-06-02T02:36:00Z
JEKI:ART
driver
Apa determinan tingkat pengungkapan Islamic Social Reporting bank umum syariah Indonesia?
Deviani, Ruri
Kusuma, Hadri
The inconsistent result of previous studies on the effect of Islamic corporate governance, good corporate governance, profitability, liquidity, and the age of the company may be due to the use of different indicators. This study aims to analyze factors influencing the disclosure index of Islamic Social Reporting (ISR) general Islamic banks for the period of 2014-2017. The research sample was 48 firm-year observations from 12 banks. The statistical tool used to test the hypothesis is using Autoregressive Conditional Heteroskedasticity (ARCH) with the help of Eviews software version 9. The results of this study indicated that the Islamic Corporate Governance and age of the banks are the determinants of the ISR while Good Corporate Governance, Liquidity and profitability variables have no effect on the ISR disclosure.
Faculty of Economics, Universitas Islam Indonesia
2019-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/12013
10.20885/jeki.vol5.iss1.art5
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 1, January 2019; 34-41
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12013/8944
Copyright (c) 2019 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/12194
2022-06-02T02:36:28Z
JEKI:ART
driver
Analisis pengaruh faktor internal bank dan eksternal terhadap Non-Performing Financing (NPF) pada Bank Perkreditan Rakyat Syariah di Indonesia
Nugrohowati, Rindang Nuri Isnaini
Bimo, Syafrildha
This study aims to determine the internal and macroeconomic factors that influence Non-Performing Financing (NPF) of BPRS (Sharia Rural Banks) in Indonesia. Data analysis method used in this study is panel data regression by taking a sample of 54 BPRS from 2012 to 2017 biannually. The results of this study show that toward NPF of BPRS in Indonesia, the variable of Total Asset has no significant effect, CAR and ROA have a negative and significant effect, while OER has a positive and significant effect. Meanwhile, the macroeconomic variables of BI Rate and PDRB have a positive and significant effect toward NPF of BPRS in Indonesia. Lastly, the variables of inflation and unemployment have no effect toward NPF of BPRS in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2019-02-26
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
application/vnd.openxmlformats-officedocument.wordprocessingml.document
https://journal.uii.ac.id/JEKI/article/view/12194
10.20885/jeki.vol5.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 1, January 2019; 42-49
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12194/8945
https://journal.uii.ac.id/JEKI/article/view/12194/12505
Copyright (c) 2019 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/12510
2022-06-02T06:02:59Z
JEKI:ART
driver
Determinants of intention to use Islamic mobile banking: Evidence from millennial generation
Kholid, Muamar Nur
This research aims to identify factors affecting the intention of millennial customers to use the Islamic Mobile Banking (IMB). This research applies the Unified Theory of Acceptance and Use of Technology (UTAUT) with two additional variables namely perceived risk and perceived financial cost. The data of the research are from 142 respondents of the millennial generation. The research uses SmartPLS 2.0. The results reveal that the perceived risk and perceived financial cost significantly and negatively affect the intention to use the IMB. Meanwhile, the performance expectancy and effort expectancy significantly and positively affect the intention to use the IMB. The other two variables namely social influence and facilitating condition do not show any significant effect on the intention to use the IMB. Furthermore, this research discusses the impact of the results of the research, both in the theoretical and practical contexts.
Faculty of Economics, Universitas Islam Indonesia
2019-07-08
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/12510
10.20885/jeki.vol5.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 2, July 2019; 53-62
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12510/9319
Copyright (c) 2019 Author
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oai:ojs.jurnal.uii.ac.id:article/12555
2022-06-02T03:32:58Z
JEKI:ART
driver
The influence of macroeconomics and population in country of origin on tourist arrivals to Indonesia
Amijaya, Rachmania Nurul Fitri
Sholikhin, Mohammad Yusron
Fianto, Bayu Arie
This study aims giving an evaluation to develop the government and tourism agencies performance, which provides services, facilities, and infrastructures, whom Muslim-friendly, to attract the interest of Muslim tourist, that contributes to economic growth in Indonesia. It uses quantitative methods to examine the influence of macroeconomy and population in country of origin towards tourist arrivals to Indonesia. Regression panel data is used to examine the combination of time series from 2012-2017, and 5 countries from OIC, become cross-section data. It can be concluded that macroeconomy is not significant, while the population is significant towards Muslim tourist arrivals with 96% level influence. Therefore, the increasing of population from country of origin will rise tourist arrivals to Indonesia, which contributes to economic growth in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2019-08-02
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/12555
10.20885/jeki.vol5.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 2, July 2019; 72-79
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12555/9321
Copyright (c) 2019 Authors
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oai:ojs.jurnal.uii.ac.id:article/12603
2022-06-02T06:02:29Z
JEKI:ART
driver
Financial inequality nexus and Islamic banking
Putriani, Diyah
Prastowo, Prastowo
This research aims to investigate the role of Islamic banking on income inequality reduction. The data of this research spans from 2010 to 2015 and investigate 49 Islamic banks from 13 selected countries. This study employs Panel data EGLS. To compare with other macroeconomic variable, this research involves GDP Per capita, and inflation as control variable. The estimation result shows that financial depth measured by total customer deposit to GDP ratio has negative relationship with income inequality. It perhaps occurs when there is an increase in income, customers prefer to save their additional income in Islamic banks. As customers increase their deposits, Islamic banks enlarge its financing on the prospect entrepreneurs. These entrepreneurs, afterwards, may expand their business and create new jobs. More new jobs offer means more people get stable income and as a result may reduce income inequality in the society.
Faculty of Economics, Universitas Islam Indonesia
2019-07-08
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/12603
10.20885/jeki.vol5.iss2.art1
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 2, July 2019; 43-52
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12603/9317
Copyright (c) 2019 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/12855
2022-06-02T03:32:29Z
JEKI:ART
driver
What is Islamic economics? The view of Muhammad Baqir al-Sadr
Furqani, Hafas
Muhammad Baqir al-Sadr (1935-1980) is a well-known Muslim scholar of the late twentieth century. Al-Sadr is considered as one of the pioneers of Islamic revival in the contemporary Muslim world. His keen intellectual interests inspired him to critically study a wide range of areas in contemporary philosophy, economics, politics, sociology, history and law, from a distinct Islamic point of view. Al-Sadr’s magnum opus on economics, Iqtisaduna (Our Economics) has put his name as one of the pioneers of contemporary Islamic economics. His work, in various degrees has influenced the formation and development of Islamic economics as a system and as a body of knowledge. This paper attempts to investigate some aspects of al-Sadr’s economic thought by focusing on his view on the nature, subject matter and methodology of Islamic economics, areas that have not received sufficient attention by contemporary Islamic economists.
Faculty of Economics, Universitas Islam Indonesia
2019-07-09
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application/pdf
application/msword
https://journal.uii.ac.id/JEKI/article/view/12855
10.20885/jeki.vol5.iss2.art3
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 2, July 2019; 63-71
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/12855/9316
https://journal.uii.ac.id/JEKI/article/view/12855/12567
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oai:ojs.jurnal.uii.ac.id:article/13168
2022-06-02T03:35:00Z
JEKI:ART
driver
The role of macroeconomic variables on Islamic stocks for achieving SDGs in Indonesia
Yurista, Dina Yustisi
Ayuningtyas, Rosida Dwi
This paper aims to analyse macro-economic variables such as industrial production index (IPI), exchange rate, gross domestic product (GDP), and inflation which can affect the movement of Islamic stocks price in order to contribute the sustainable development goals in Indonesia. The methodology of this study is quantitative approach with Error Correction Model (ECM). The data is obtained from Bank Indonesia, Central bureau of statistics Indonesia and Indonesia Stock Exchange during period January 2013 to December 2018 quarterly. The findings showed that IPI has positive effect, while the exchange rate has a negative effect on Islamic stock price. Also GDP and inflation variables has negative in some companies and positive effect in other companies.
Faculty of Economics, Universitas Islam Indonesia
2019-08-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/13168
10.20885/jeki.vol5.iss2.art7
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 2, July 2019; 93-100
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/13168/9471
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oai:ojs.jurnal.uii.ac.id:article/13175
2022-06-02T03:34:03Z
JEKI:ART
driver
The society’s perceptions on the use of fintech services in sharia financial institutions
Yuspita, Rinrin
Pebruary, Silviana
Kamala, Aulia Zahra Husnil
In the development of industrial revolution 4.0, sharia financial institutions keep improving their product innovation through the use of financial technology (fintech). Through development and innovation, society is expected to keep up to date with the current financial services. This research aims to investigate how the interest in using sharia services affected by several factors, such as convenience, benefits, attitude, and suitability. This research uses a descriptive quantitative method through multi-linear regression analysis. The population of the research is Jepara people who use sharia fintech services. The sample is selected through incidental sampling. The research findings reveal that convenience, attitude, and benefit affect sharia fintech users' perceptions of the use of services provided by sharia financial institutions. Meanwhile, trust and suitability do not affect users' perceptions.
Faculty of Economics, Universitas Islam Indonesia
2019-08-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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application/pdf
https://journal.uii.ac.id/JEKI/article/view/13175
10.20885/jeki.vol5.iss2.art6
Jurnal Ekonomi & Keuangan Islam; Volume 5 No. 2, July 2019; 87-92
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/13175/9352
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oai:ojs.jurnal.uii.ac.id:article/13565
2022-04-23T04:10:58Z
JEKI:ART
driver
The effect of distributive justice on intention to pay zakat through zakat institutions using affective and cognitive trust as intervening variables
Abror, Arsyad
Hudayati, Ataina
The purpose of this study was to examine the effect of distributive justice on the intention to pay zakat through Zakat Institutions (ZIs), using affective trust and cognitive trust as intervening variables. Data collection techniques through the distribution of questionnaires to 272 Muslims in Yogyakarta. Data analysis using Structural Equation Modeling (SEM) with SmartPLS software version 3.2. The findings show that the distributive justice has a positive effect on intention to pay zakat through ZIs, as well as has a positive effect on affective and cognitive trust. In addition, affective and cognitive trust has a positive effect on intention to pay zakat through ZIs. The results of the study also show that affective and cognitive trust are intervening variables on the relationship between distributive justice and the intention to pay zakat through ZIs.
Faculty of Economics, Universitas Islam Indonesia
2020-01-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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application/pdf
https://journal.uii.ac.id/JEKI/article/view/13565
10.20885/JEKI.vol6.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 1, January 2020; 24-33
2614-6908
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eng
https://journal.uii.ac.id/JEKI/article/view/13565/9846
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oai:ojs.jurnal.uii.ac.id:article/13671
2022-04-23T04:09:39Z
JEKI:ART
driver
Trust towards zakat institutions among muslims business owners
AB. Aziz, Muhammad Ridhwan
Mohd Anim, Nur Aqilah Hazirah
This study aims to examine the antecedents of zakat payers’ trust among Muslim business owners in Negeri Sembilan, Malaysia to make direct payment of zakat through zakat institutions. Three factors were proposed, which are board capital composition, disclosure practice and stakeholder management. This research is a quantitative research whereby 97 questionnaires among business owners in the sector of food and beverages were collected and analysed using multiple regression analysis. The finding revealed that disclosure practice and stakeholder management have a significant relationship with trust. This indicates that zakat institutions are urged to be transparent in their management especially in terms of financial disclosure to their stakeholder. This study helps in ensuring optimal proficiency of zakat institutions and maximization of zakat benefit to the widest possible range of eligible recipients.
Faculty of Economics, Universitas Islam Indonesia
2020-01-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/13671
10.20885/JEKI.vol6.iss1.art1
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 1, January 2020; 1-9
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/13671/9844
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oai:ojs.jurnal.uii.ac.id:article/14031
2022-04-23T04:13:32Z
JEKI:ART
driver
An overview of Indonesian regulatory framework on Islamic financial technology (fintech)
Aulia, Mahdiah
Yustiardhi, Aulia Fitria
Permatasari, Reni Oktavia
The advancement of technology has touched many sectors, including financial industries. The emergence of Financial Technology or Fintech has changed the way people do business transactions. Indonesia as a country with a separate regulatory model under the Central Bank of Indonesia (BI) and Financial Services Authority (OJK) has issued several regulations to regulate fintech, which includes Islamic fintech. This paper aims to analyse the existing regulatory framework of Islamic fintech in Indonesia and gives some recommendations, if any, to improve Islamic fintech development in Indonesia. It uses qualitative methodology by extracting information from works of literature and existing regulations. This research finds that both BI and OJK have significant roles in regulating Islamic fintech without issuing any provision to address it specifically. However, it is complemented by the fatwa issued by the National Shariah Board of Indonesian Ulama (DSN MUI).
Faculty of Economics, Universitas Islam Indonesia
2020-01-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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https://journal.uii.ac.id/JEKI/article/view/14031
10.20885/JEKI.vol6.iss1.art7
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 1, January 2020; 64-75
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/14031/9878
Copyright (c) 2020 Authors
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oai:ojs.jurnal.uii.ac.id:article/14061
2022-04-23T04:11:29Z
JEKI:ART
driver
Macro and micro determinants of the non-performing finance: The case of Indonesian Islamic bank
Rahmah, Anggia Zainur
Armina, Sheema Haseena
Doubtful finance showing a bad performance of a company, but this can be avoided if the banks use the right strategy to prevent such financial condition. This study aims to indicate the determinants of doubtful finance in the Indonesian Islamic banking sector from 2011 to 2018. We employed panel data regression to meet our objectives. Our results depict that banks’ profitability and finance to deposit ratio have a significant positive impact on Non-Performing Finance. On the other hand, Gross Domestic Product has a significant positive effect on doubtful finance. This study provides an alluded picture of Indonesian Islamic banking sectors, particularly Non-Performing Finance (NPF). Moreover, it enables policymakers to deliberate on the macroeconomic determinants of NPFs (i.e. GDP). Furthermore, this study will enhance the Islamic bank's performance literature.
Faculty of Economics, Universitas Islam Indonesia
2020-01-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/14061
10.20885/JEKI.vol6.iss1.art4
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 1, January 2020; 34-41
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/14061/9862
Copyright (c) 2020 Authors
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oai:ojs.jurnal.uii.ac.id:article/14072
2022-04-23T04:10:19Z
JEKI:ART
driver
A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia
Mohd Thas Thaker, Hassanudin
Khaliq, Ahmad
Sakaran, K Chandra
Mohd Thas Thaker, Mohamed Asmy
The contribution of the agricultural sector towards East Java’s Gross Domestic Product (GDP) in 2008 recorded at 16.55%, however, it shrinks to 13.75% in 2015. This statistic shows the regressed contribution of the agriculture sector in comparison to other economic sectors. One common view that linked to shrinking in credit composition is due to the lack of credit accessibility for the sector. Given this issue, this paper attempts to propose a viable financing model to develop the agricultural sector in East Java known as Integrated Agricultural Land Crowdfunding Model (IALCM) using Islamic financing instruments in form of a crowd funding platform. This model is expected to offer farmers in East Java to meet their liquidity constraints and the Indonesian government to accelerate social entrepreneurship innovation. Lastly, several challenges and conceivable recommendations have been deliberated for the development of the agricultural sector in East Java.
Faculty of Economics, Universitas Islam Indonesia
2020-01-09
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/14072
10.20885/JEKI.vol6.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 1, January 2020; 10-23
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/14072/9845
Copyright (c) 2020 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/14488
2022-04-23T04:12:57Z
JEKI:ART
driver
Profit efficiency development of Islamic Banking using the stochastic frontier approach
Nasution, Zubaidah
This study aims to analyze the efficiency of Islamic banking with a stochastic frontier analysis (SFA) on 10 Islamic banks from 2011 to 2018. The research variables consist of input variables total profits, third party funds and personnel expenses and output variable total financing and murabahah receivables. This research method uses SFA to measure the efficiency of Islamic banks and the influence between variables. The results of this study indicate the average efficiency of Islamic banks has not reached 100% or at 82.24%. Variable third party funds, personnel expenses have a positive effect on total profits while total financing and murabahah receivables have a negative effect on total profits.
Faculty of Economics, Universitas Islam Indonesia
2020-02-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/14488
10.20885/JEKI.vol6.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 1, January 2020; 55-63
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/14488/9877
Copyright (c) 2020 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/14574
2022-04-23T04:12:13Z
JEKI:ART
driver
Determinant factor influencing financial performance LQ45 corporation
Meidawati, Neni
Riantika, Reny Lia
Amalia, Reiga Farah
The aim of this research is analyzing factors which influence corporation performance in Sharia-based firms by using independent variables, such as Corporate Social Responsibility Disclosure and Indonesia Sharia Stock Index (ISSI) Listing, and Corporation Financial Performance as dependent variable. Data which being used was secondary data consisting CSR disclosure information from annual financial report from the listed corporation in LQ45 Index and Indonesia Sharia Stock Index (ISSI) within the period of 2016-2018. Data analysis used Multiple Linear Regression. The result of this research showed that Corporate Social Responsibility and Indonesia Sharia Stock Index (ISSI) Listing’s disclosure had negative effect towards Corporation Financial Performance.
Faculty of Economics, Universitas Islam Indonesia
2020-02-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/14574
10.20885/JEKI.vol6.iss1.art5
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 1, January 2020; 42-54
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/14574/9876
Copyright (c) 2020 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/15089
2022-04-26T01:46:12Z
JEKI:ART
driver
The effects of Fama-French five factor and momentum factor on Islamic stock portfolio excess return listed in ISSI
Munawaroh, U’um
Sunarsih, Sunarsih
Purpose – The purpose of this study is to examine the effect of Fama-French five-factor and momentum factor on Islamic stock portfolio excess returns listed in the Indonesia Sharia Stock Index (ISSI).Methodology – This study used return data from ISSI group, starting from January 2013 to December 2017, which are then formed into time series data with excess monthly stock portfolio. This study adapted the Fama and French (2015) methodology using 2x3 and 2x2 to form the portfolio and applied Ordinary Least Square (OLS) with monthly data frequency to test the relevance of the model to the expected stock return of 183 companies.Findings – The results showed that the risk premium, the book-to-market ratio which is proxied by High Minus Low (HML), the investment that is proxied by Conservative Minus Aggressive (CMA), and the momentum which is proxied by Up Minus Down (UMD) has a positive effect on the excess return of the company's stock portfolio registered in Indonesia Sharia Stock Index (ISSI) during the period. While, the size and profitability variable do not affect the expected stock return.Research limitations – The results of this study provides relevant information about the relationship between risk and stock return using Fama and French five-factor model and momentum. However, future researchers can expand the scale of the research by adding research periods and using daily return research data. It is intended that the results are more representative of the actual market conditions at the moment.Originality – Researches on the factors that influence the selection of Islamic stock portfolios based on excess return using Fama-French five-factor including the momentum factor are still limited. This study contributes to the asset pricing development by investigating factors influencing performance of ISSI’s portfolio excess return using five-factor model and momentum factor.
Faculty of Economics, Universitas Islam Indonesia
2020-07-17
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info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
application/pdf
application/pdf
https://journal.uii.ac.id/JEKI/article/view/15089
10.20885/jeki.vol6.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 2, July 2020; 119-133
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/15089/10329
https://journal.uii.ac.id/JEKI/article/view/15089/12825
https://journal.uii.ac.id/JEKI/article/view/15089/12826
Copyright (c) 2020 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/15340
2022-04-26T01:45:02Z
JEKI:ART
driver
What drives the inflow of FDI in OIC countries? Evidence from Top 10 hosts of inward FDI flows
Supriani, Indri
Fianto, Bayu Arie
Purpose – This study investigates the driven factors of Foreign Direct Investment (FDI) inflow in selected OIC member countries. The selection of samples observation based on the top 10 hosts of inward FDI flows countries, includes the United Arab Emirates (UAE), Morocco, Indonesia, Turkey, Iran, Egypt, Bangladesh, Kazakhstan, Oman, and Malaysia.Methodology – The data for this study are obtained from World Bank and United Nations Development Programme (UNDP) database for the period 2001-2018. This study adopted panel regression analyses and utilized the Random Effect Model.Findings – This study reveals that GDP and trade openness were positive and significantly plays a vital role in driving the FDI inflow. Whereas, the exchange rate, inflation, and human development index did not have a significant impact on FDI inflow in the top 10 hosts of inward FDI flows countries.Research limitation – The main limitation of this research is the lack of a variable that represents the Islamicity index, which can differentiate the driven factors of FDI in Muslim and non-Muslim organization countries.Practical implication – This study suggests that members of OIC countries should provide a conducive investment environment which is represented by higher GDP growth and engage in various international trade agreements because those factors have higher possibilities in impacting the FDI inflow. Moreover, the rules which describe the investment priority amongst the member of OIC countries must be ratified immediately to decrease the percentage of the FDI inflows goes to non-OIC members.Originality – This study has advanced the knowledge by examining the driven factors of FDI in the specifically selected members of OIC countries, which based on the highest FDI inward. Thus, this study provides significant insights for policymakers for the rest of the member OIC countries to attract FDI inflows referring to the top 10 hosts of inward FDI flows countries.
Faculty of Economics, Universitas Islam Indonesia
2020-07-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/15340
10.20885/jeki.vol6.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 2, July 2020; 91-105
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/15340/10294
Copyright (c) 2020 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/15345
2022-04-26T01:46:47Z
JEKI:ART
driver
The effect of macroeconomics variables to Net Asset Value (NAV) growth of sharia mutual funds in Indonesia
Ardhani, Intan Aulia
Effendi, Jaenal
Irfany, Mohammad Iqbal
Purpose – This study aims to perform the short-term and long-term relationships between net asset value of Islamic mutual funds within macroeconomic variables, to analyze responses towards the economic shock, and to analyze the composition of the net asset value of Islamic mutual funds within selected macroeconomic variables.Methodology – Monthly data over the 2015-2019 period were analyzed using the Vector Error Correction Model (VECM), impulse response test, and variance decomposition test.Findings – The results show that inflation, money supply, and gross domestic products had a positive and significant effect on the net asset value of Islamic mutual funds, on the other hand, the rupiah exchange rate had a negative thus insignificant effect on the net asset value of Islamic mutual funds.Research limitation/implication – The main limitation of this research is the lack of a variable that represents the Islamicity index, which can differentiate the driven factors of FDI in Muslim and non-Muslim organization countries.Practical implication – This study suggests that the society and the government should collaborate to maintain the stability of the rupiah exchange rate by buying domestic products, strengthening the real sector.Originality – Here we provide an update data of macroeconomics variables dynamics (e.g. GDP, inflation, exchange rate, and money supply) and its implication to Islamic mutual funds – i.e. net asset value over 2015-2019. We used a novel timeseries analytical approach (VECM) to estimate the magnitude of macroeconomics effects to Islamic mutual funds in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2020-07-17
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/15345
10.20885/jeki.vol6.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 2, July 2020; 134-148
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/15345/10330
Copyright (c) 2020 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/15487
2022-04-26T01:44:33Z
JEKI:ART
driver
Does the 2008-global financial crisis matter for the determinants of conventional and Islamic banking performances in Indonesia?
Majid, M. Shabri Abd.
Ulina, Sri
Purpose – This study explores comparatively the effects of capital adequacy, non-performing loans/financing, liquidity, and operating expenses on Indonesia’s conventional and Islamic banking performances between the pre-and post-2008 Global Financial Crisis (GFC) periods.Methodology – The study selected the three respective largest conventional and Islamic banks as a sample of the study using a purposive sampling technique. The data for the pre-2008 GFC period (i.e., 2003 – 2008) and the post-2008 GFC period (i.e., 2009 – 2017) were analyzed using a panel multiple regression analysis.Findings – The study documented different influences of capital adequacy, liquidity, non-performing loans/financing, and operating expenses on conventional and Islamic banking performances between the pre- and post-2008 GFC. Research limitations – This study only investigated the banks’ characteristics as the determinants of banking performances and compared merely the effects the pre- and post-2008 GFC periods.Practical implications – To maintain and enhance their performances, the Islamic and conventional banks should adopt different financial policies between the normal and turbulent economic periods. The Islamic banks were in a better position amid the crisis, showing an urgent need for the government to further promote Islamic banks, as they could offer better solutions for economic stability.Originality – The study examined a larger number of conventional and Islamic banks over more extended and updated study periods, namely six years (i.e., 2003-2008) before the 2008 GFC and ten years (i.e., 2009-2018) after the 2018 GFC. The study is among the first attempts to comparatively analyze the determinants of Indonesia’s Islamic and conventional banking performances between the pre- and post-2008 GFC periods using the panel multiple regression analysis to arrive at more comprehensive and robust empirical evidence.
Faculty of Economics, Universitas Islam Indonesia
2020-07-01
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Peer-reviewed Article
application/pdf
application/vnd.openxmlformats-officedocument.wordprocessingml.document
https://journal.uii.ac.id/JEKI/article/view/15487
10.20885/jeki.vol6.iss2.art1
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 2, July 2020; 77-90
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/15487/10291
https://journal.uii.ac.id/JEKI/article/view/15487/12919
Copyright (c) 2020 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/15813
2022-04-26T01:45:31Z
JEKI:ART
driver
Determination of Malaysian consumer intention toward purchasing Takaful scheme for mental health disorders
Khairi, Khairil Faizal
Laili, Nur Hidayah
Kamarubahrin, Aimi Fadzirul
Purpose – The purpose of this paper is to determine the factors influencing Malaysian consumer toward intention to purchase Takaful scheme for mental health disorders.Design/methodology – This paper adopts a quantitative approach by using an extended Theory of Reasoned Action (TRA) model. A pilot study with the total of 60 questionnaires were obtained from online survey to examine the significance relationship using multiple regression analysis.Findings – The result from this study portrays that subjective norm are strong predictors of a Malaysian consumer intention to purchase Takaful scheme for mental health disorders. Moreover, factors such as awareness, perception and attitude have positive and significant impacts on consumer intention to purchase takaful scheme for mental health disorders in Malaysia.Research limitation – There are some constraints. First, it focuses only on the actions of Malaysian consumers against a takaful scheme for mental health disorders; thus, the findings cannot be generalized to other takaful schemes. Therefore, more studies in other takaful settings, such as general takaful, need to begin. Second, this study considered only four factors were awareness, perception, attitude and subjective norm, and the factors selected might not cover all the factors which may have an effect on Malaysia's intentions toward takaful mental health disorders scheme.Originality - This study not only helps takaful operators design, develop and promote better approved takaful products and services, but also offers a new insight into how these products and services can be marketed to these particular consumers. Previous empirical studies that employed TRA focused on various types of variables, such as attitude and subjective norm, especially in the financial service environment. This research thus adds to the body of information by analysing the relative value of the goal affecting it.
Faculty of Economics, Universitas Islam Indonesia
2020-07-17
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/15813
10.20885/jeki.vol6.iss2.art3
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 2, July 2020; 106-118
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/15813/10327
Copyright (c) 2020 Authors
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/15970
2022-04-26T01:41:32Z
JEKI:ART
driver
The influence of intellectual capital and corporate governance on financial performance of Islamic banks
Muhammad, Rifqi
Mangawing, Muhammad Aldino
Salsabilla, Selfira
Purpose - This study aims to analyze the effect of intellectual capital, independent directors, academic directors, and sharia supervisory boards on the financial performance of Islamic banks. The selection of samples observation based on the database of Best Islamic Financial Institutions Award, includes Afghanistan, Algeria, Bahrain, Bangladesh, Brunei Darussalam, Egypt, Indonesia, Jordan, Kazakhstan, Kuwait, Lebanon, Malaysia, Maroko, Nigeria, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, Singapore, South Africa, Sri Lanka, Thailand, Tunisia, Turkey, and Uni Emirate Arab. Methodology - This study uses a sample of 20 Islamic banks in several countries which received the "Best Islamic Financial Institutions Award 2018" by Global Finance Magazine and has published financial reports for the period of 2013-2017. This study adopted panel regression analysis and utilized the Random Effect Model.Findings - The results of the study prove that intellectual capital has a positive effect on financial performance. While independent directors, academic directors, and the Sharia Supervisory Board (SSB) have no effect on the financial performance of Islamic banking companies. These results indicate that intellectual capital is a force for Islamic banking to increase company value through financial performance. While the factors related to corporate governance tend to reduce performance due to several limitations for management in carrying out its operational activities.Research limitations – this study has a limitation in using Islamic banking data from various countries with backgrounds that are certainly different from one another which might be bias. Practical implications – This study suggest that management needs to allocate its resources to provide guidance and development of human resources through regular training in the field of fiqh muamalah, contemporary Islamic banking products and services, effective business communication, as well as extensive market knowledge to anticipate the competition in ways that are in accordance with the principles of sharia.Originality – This research fills a research gap in investigating the nexus of intellectual capital and corporate governance mechanism on Islamic banking performance which has not been discussed in previous papers, particularly using Islamic banking in several countries that are committed to develop the Islamic financial industry.
Faculty of Economics, Universitas Islam Indonesia
2021-01-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/15970
10.20885/jeki.vol7.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 1, January 2021; 77-91
2614-6908
2088-9968
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https://journal.uii.ac.id/JEKI/article/view/15970/11001
Copyright (c) 2021 Rifqi Muhammad, Muhammad Aldino Mangawing, Selfira Salsabilla
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oai:ojs.jurnal.uii.ac.id:article/16008
2022-04-26T01:48:01Z
JEKI:ART
driver
Factors affecting Muslim non-customers to use Islamic bank: Religiosity, knowledge, and perceived quality
Saptasari, Kunti
Aji, Hendy Mustiko
Purpose – The purpose of this paper is to determine the factors influencing the Indonesian Muslim consumer’s intention to use Islamic banks.Methodology – This paper adopts a quantitative approach. The data is collected from online and offline questionnaires. By using a non-probability purposive sampling method, this study limited the respondents to the Muslims who have no Islamic bank account. In total, there are a total of 575 sample respondents.Findings – The results of this study portray that religiosity, knowledge, and perceived quality have a positive and significant effect on customers’ intention to use Islamic bank in Indonesia.Research limitations – After finishing all research processes, the author finds that the indicators to measure Islamic religiosity is not entirely reflected Islamic religiosity from the Indonesian Muslim context. As a consequence, several items must be eliminated from the analysis due to validity issues. The author recommends future researchers to retest the religiosity indicators to find more suitable items in the context of Indonesia Muslim culture.Practical applications – This study provides an insight into the Indonesian Islamic finance industry as a basic formulation in designing, developing, and appropriate strategies to promote Islamic banking.Social applications – This study not only helps Islamic financial sector in designing, developing, and promoting Islamic banking in Indonesia but also offers new insights concerning Indonesian Muslim religiosity, knowledge on Islamic banks, and their perception of quality toward Islamic banks.Originality – This study uses an extended Theory of Planned Behavior (TPB) to explain the intention to use Islamic banks. In the model, religiosity, knowledge, and perceived quality is simultaneously tested to complement the TPB.
Faculty of Economics, Universitas Islam Indonesia
2020-08-14
info:eu-repo/semantics/article
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https://journal.uii.ac.id/JEKI/article/view/16008
10.20885/jeki.vol6.iss2.art7
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 2, July 2020; 165-180
2614-6908
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eng
https://journal.uii.ac.id/JEKI/article/view/16008/10378
Copyright (c) 2020 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/16064
2022-04-26T01:47:20Z
JEKI:ART
driver
Do Islamic banks more stable than conventional banks? Evidence from Indonesia
Kasri, Rahmatina A
Azzahra, Chairilisa
Purpose – Albeit Islamic banks are often considered more stable than conventional banks, empirical evidence to support the stability view is relatively scanty. This study, therefore, mainly aims to investigate whether Islamic banks are more stable than conventional banks in Indonesia. To enrich and support the analysis, it will also compare the factors influencing the stability of Islamic banks and conventional banks in the country.Methodology – This paper employs a dynamic panel data model using the system-GMM (General Method of Moment) estimator. The data used are quarterly data from 83 conventional banks and 11 Islamic banks in Indonesia during September 2015-June 2019 period. Findings – The study did not find any significant difference in the stability of conventional and Islamic banks. This result is presumably influenced by the small size and small market share of Islamic banks, as well as many similarities between the two types of banking systems. Furthermore, the stability of the conventional bank in Indonesia is more influenced by macroeconomic factors including interest rate, exchange rate and financial inclusions, meanwhile the stability of Islamic banks is more influenced by the banks’ specific factors such as financing growth, efficiency and risk management factors.Research limitations – The data used in the study is limited to the period from September 2015 to June 2019. The variables utilized are also limited to those taken from publicly available financial statements.Originality – This paper provides additional empirical evidence regarding Islamic banking stability in Indonesia by using the latest data. While theoretically Islamic banks are expected to be more stable than conventional banks, this study did not find strong support for the case of Indonesia during the period of observation.
Faculty of Economics, Universitas Islam Indonesia
2020-08-14
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/16064
10.20885/jeki.vol6.iss2.art6
Jurnal Ekonomi & Keuangan Islam; Volume 6 No. 2, July 2020; 149-164
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/16064/10377
Copyright (c) 2020 Author
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/16717
2022-04-26T01:39:34Z
JEKI:ART
driver
Projection of Indonesian Islamic commercial banks efficiency and stability in the Covid-19 period using DEA and panel ARDL
Himmawan, M. Fikri
Firdausi, Novian Abdi
Purpose – This study aims to assess the efficiency and stability of Indonesia Islamic Commercial Banks, and then the results are used as a projection in the Covid-19 period. It uses the sample from 14 Islamic Commercial Banks in Indonesia and its quarterly data from 2017 to 2020.Methodology – The DEA method analyses VRS and CRS scale using output orientation. The Panel ARDL also uses two models from the specifications in DEA, with the inputs as independent variables and the outputs as dependent variables.Findings – The result of DEA is visualized in four quadrants from each CRS and VRS model. Respectively in each model, 1 and 5 banks are highly efficient and stable, 5 and 2 banks have high efficiency but low stability, 4 and 2 banks have low efficiency but high stability, 4 and 5 banks have low efficiency and stability. In the Panel ARDL, third party fund, operational expenses, and total financing have significant and stable long-run effect in both models. In the short-run, only operational expenses significantly affect operational earnings, whereas only total financing significantly affects total assets.Practical implications – Banks may use strategies such as absorbing workforces as marketing representatives, utilizing cooperative agreements, crowdfunding, improving banking technology, creating provisions on expected credit loss, and deferring profit.Research limitations – The limitation of this study is the small sample size because only 14 Islamic commercial banks are used as the sample, without considering the Islamic business units of the conventional banks so the predictive strength of the result only constrained in the Islamic commercial banks.Originality – The study uses two different methods in assessing Islamic Commercial Banks especially in the Covid-19 period, hence adding insights on Islamic Commercial Banks in the pandemic period and further contributes to the Islamic banking field of study.
Faculty of Economics, Universitas Islam Indonesia
2021-01-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/16717
10.20885/jeki.vol7.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 1, January 2021; 17-30
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/16717/10986
Copyright (c) 2021 M. Fikri Himmawan, Novian Abdi Firdausi
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oai:ojs.jurnal.uii.ac.id:article/16790
2022-04-26T01:39:04Z
JEKI:ART
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The potential of digital banking to handle the Covid-19 pandemic crisis: Modification of UTAUT model for Islamic finance industry
Riza, Alex Fahrur
Purpose – This research aims to examine the driving factors for the adoption of digital banking of Islamic banks during the COVID-19 pandemic, to explore the development of specific UTAUT2 model for Islamic financial technology, and to investigate factors that need to be improved in digital banking services of Islamic banks based on customer perspectives.Methodology – This research is divided into three. The first study is an empirical testing of UTAUT2 model modified by adding trust and satisfaction variables. The second study is an exploratory study of potential construct for the development of UTAUT model in Islamic Financial Technology. Third, it is an exploratory study aiming to identify problems and to search for policy advice to improve digital banking service of Islamic banks. This research used self-administered survey that involved 845 respondents from several cities in Indonesia. Open and closed question design was used to obtain complementary data. After that, the data were analyzed using SEM-PLS 7.0 and SPSS 23.Findings – The results of this study shows that people have trust, acceptance, and satisfaction on the digital banking service of Islamic banking technology. There are seven hypotheses in this study supported empirically. There are 20 factors that became the main reasons of customers to use the digital banking service of Islamic banking technology and 32 factors that needed to be improved by Islamic banks based on the customers’ perspective. After that, the researcher grouped them into seven policy advices for digital banking service of Islamic banking technology, where these factors can be taken into consideration to improve the competitiveness of the Islamic Finance Industry in Indonesia.Originality – In addition to testing and modifying the UTAUT2 model during the COVID-19 pandemic, this study also explores the possibility of new variables arising from customers’ perception, where the data will be used to submit new variables/models that are more specific to the acceptance of Islamic financial technology. Furthermore, this study also aims to explore several obstacles in the digital banking service of Islamic banking technology.
Faculty of Economics, Universitas Islam Indonesia
2021-01-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
application/octet-stream
https://journal.uii.ac.id/JEKI/article/view/16790
10.20885/jeki.vol7.iss1.art1
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 1, January 2021; 1-16
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/16790/10985
https://journal.uii.ac.id/JEKI/article/view/16790/12981
Copyright (c) 2021 Alex Fahrur Riza
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/17305
2022-04-26T01:40:02Z
JEKI:ART
driver
Factors determining behavioral intentions to use Islamic crowdfunding platform in times of Covid-19 in Indonesia: Evidence from TAM approach
Sulaeman, Sulaeman
Purpose – The research paper aims to test empirically the behavioral intention of crowdfunders to use the Islamic crowdfunding platform model based on the theory of the Technology Acceptance Model (TAM).Methodology – The study used primary data that are collected by using the online survey questionnaires and then the analysis is conducted using partial least squares (PLS).Findings – The empirical evidence shows that the perceived usefulness (PU) has a significant positive impact on the behavioral intention (BI) of crowdfunders to use Islamic crowdfunding platform. Furthermore, the perceived ease of use (PEOU) also has a significant and positive relationship as well as direct effect with perceived usefulness (PU) of crowdfunders to use the online platforms. Meanwhile, that perceived ease of use (PEOU) has an insignificant relationship with the behavioral intention (BI) of crowdfunders to use the Islamic crowdfunding platform during the Covid-19 pandemic in Indonesia. Practical implications – The present study has implications for Islamic FinTech companies to provide investment platforms for crowdfunders and financial services for micro small and medium-sized enterprises (MSMEs) during the pandemic of Covid-19.Originality – The finding of this study will contribute to the existing literature in the areas of Islamic FinTech especially on the factors influencing behavioral intentions to use the Islamic crowdfunding platform in times of Covid-19 in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2021-01-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/17305
10.20885/jeki.vol7.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 1, January 2021; 31-44
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/17305/10998
Copyright (c) 2021 Sulaeman Sulaeman
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/17490
2022-04-26T01:41:05Z
JEKI:ART
driver
Mobile banking services quality and its impact on customer satisfaction of Indonesian Islamic banks
Fianto, Bayu Arie
Rahmawati, Charissa Kezia
Supriani, Indri
Purpose – This study investigates the influential factors of mobile banking service quality dimension (enjoyment, security, ease, design, and application system) of Indonesian Islamic banks toward customer satisfaction.Methodology – This study uses 100 respondents who are Islamic mobile banking users in Indonesia and applies the Partial Least Square for Structural Equation Modeling (PLS-SEM) approach.Findings – This study reveals that the enjoyment, security, design, and application system of Islamic mobile banks significantly impact customer satisfaction. This study suggests that Islamic banks should pay more attention to increasing their mobile banking application systems, which is the most crucial factor influencing customer satisfaction.Research limitations – This study is limited to the sample of five top Islamic banks’ customers in Indonesia with 100 respondents. Thus, the result of this study cannot be generalized to other countries.Practical implications – The findings offer valuable insights into Islamic banks about improving their mobile banking services’ quality to gain more satisfied customers, which benefited their financial and non-financial performances.Originality – This study specifically involved users of Islamic mobile banking from five Islamic banks, received the Top Brand Award in 2019. Therefore, this study provides significant guidelines for the rest of the Islamic banks in Indonesia to improve their customer satisfaction using mobile banking by referring to the Top 5 Brand Award.
Faculty of Economics, Universitas Islam Indonesia
2021-01-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/17490
10.20885/jeki.vol7.iss1.art5
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 1, January 2021; 59-76
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/17490/11000
Copyright (c) 2021 Bayu Arie Fianto, Charissa Kezia Rahmawati, Indri Supriani
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/17827
2022-04-26T01:40:31Z
JEKI:ART
driver
Financing diversification and Indonesian Islamic bank's non-performing financing
Widarjono, Agus
Rudatin, Ari
Purpose – This study empirically analyzes the effect of the financing diversification with some control variables including both bank-specific variables such as bank's size, CAR, efficiency and the macroeconomic variables such as the inflation and exchange rate, on the Islamic bank's non-performing financing (NPF).Methodology – The aggregate Islamic bank data encompassing Islamic commercial banks and Islamic business units are used. The Autoregressive Distributed Lag Model (ARDL) is employed using the monthly data covering January 2011 to December 2019.Findings – The cointegration test indicates that the long-run relationship among variables being studied exists. Our results document that higher concentrated financing generates high NPF. Higher asset significantly contributes to reducing NPF. In addition, higher operating efficiency can reduce NPF. The instability of the exchange rate also generates the high NPF.Research limitations – This study employs aggregate data but applying them may conceal for individual Islamic bank.Practical implications – Our results suggest that Islamic banks must lessen the high concentrated financing by optimizing both PLS and non-PLS contracts to reduce Islamic banks' financing risk.Originality – Our study includes financing diversification to examine Islamic bank's financing risk. The existing empirical studies, to the best of our knowledge, have not addressed the impact of financing diversification on financing risk.
Faculty of Economics, Universitas Islam Indonesia
2021-01-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/17827
10.20885/jeki.vol7.iss1.art4
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 1, January 2021; 45-58
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/17827/10999
Copyright (c) 2021 Agus Widarjono, Ari Rudatin
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/18081
2022-04-26T01:42:02Z
JEKI:ART
driver
Determinants of cash holdings: Analysis of Islamic and conventional banks in Indonesia
Rahmatika, Syifa
Kholid, Muamar Nur
Purpose – This research aims to investigate the effect of dividend payment, cash conversion cycle, corporate social responsibility (CSR) disclosure, and corporate governance, which are integrated with the independence and size of the board of commissioners, on cash holdings in the banking industry in Indonesia, both in the conventional and Islamic banks.Methodology – Samples in this research were selected using the purposive sampling technique with the criteria of conventional banks registered in the Indonesia Stock Exchange (ISE) and Islamic banks registered in the Financial Services Authority (FSA) that released annual reports and financial reports during 2014-2019. There were 17 conventional banks and 11 Islamic banks met the criteria. Data were analyzed using multiple linear regression through Statistical Product and Service Solutions (SPSS) software.Findings – This research reveals that the effect of CSR disclosure and size of the board of commissioners on cash holdings is different between Islamic and conventional banks. Meanwhile, other variables used in this research have no significant effect on cash holding value, both in conventional and Islamic banks.Research limitations – Related to the samples of conventional banks, this research only investigates the ones registered in the ISE, not all conventional banks in Indonesia.Originality – This research provides empirical data related to the determinants of cash holdings in Islamic and conventional banks, which was rarely investigated in the previous research. Moreover, this research also uses the most updated data, Islamic and conventional banks during 2014-2019
Faculty of Economics, Universitas Islam Indonesia
2021-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/18081
10.20885/jeki.vol7.iss1.art7
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 1, January 2021; 92-104
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/18081/11004
Copyright (c) 2021 Syifa Rahmatika, Muamar Nur Kholid
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/19266
2022-04-26T01:32:20Z
JEKI:ART
driver
Determinant factor of Islamic financial inclusiveness at MSMEs: Evidence from Pekanbaru, Indonesia
Trianto, Budi
Rahmayati, Rahmayati
Yuliaty, Tetty
Sabiu, Tasiu Tijjani
Islamic financial literacy
marketing communication
socio-cultural
Islamic financial inclusion
business performance
G53
L21
L25
L26
M31
Purpose – This study aims to analyze the factors that influence the inclusiveness of Islamic finance in MSMEs and its impact on their business performance.Methodology – This research uses the quantitative approach through SEM analysis. Data were collected directly from respondents using an online survey questionnaire. Respondents in this study were MSMEs who had interacted with the Islamic Banking with the total sample size of 98 MSMEs owners.Findings – The results of this study show that the socio-cultural and marketing communication variables have a positive and significant impact on Islamic financial inclusion. Meanwhile, Islamic financial literacy has a positive but insignificant impact on Islamic Financial Inclusion. Although financial literacy does not have a significant impact on Islamic financial inclusion, it has a positive and significant impact on the performance of MSMEs. Another result shows that Islamic financial inclusion has a positive and significant impact on the performance of MSMEs in PekanbaruOriginality – Research related to the Islamic Financial Inclusion in the MSMEs in Pekanbaru, Indonesia is very limited. This study will contribute to the existing literature in the area of Islamic Financial Inclusion and the development of MSMEs.
Faculty of Economics, Universitas Islam Indonesia
2021-08-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/19266
10.20885/jeki.vol7.iss2.art1
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 2, July 2021; 105-122
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/19266/11467
Copyright (c) 2021 Budi Trianto, Rahmayati Rahmayati, Tetty Yuliaty, Tasiu Tijjani Sabiu
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/19616
2022-04-26T01:32:50Z
JEKI:ART
driver
The antecedents of Muslim customers' behavioral intention towards Islamic mobile payment
Saputro, Exval Mahendra
Hati, Sri Rahayu Hijrah
Islamic mobile payment
Muslim customers
Behavioral intention
Marketing
Purpose – The aim of the study is to identify the antecedents of the Indonesian Muslim customers' intention to use Islamic mobile payments.Methodology – The data were collected from 437 respondents, i.e., 216 potential users and 221 actual users of Islamic mobile payments. The data were analyzed using a partial least squares structural equation model (PLS-SEM).Findings – The study shows that performance expectancy, perceived religiosity obligation, compatibility, and perceived trust had positive effects on the behavioral intention of Muslim customers. For multi-group analysis, perceived religiosity obligation and compatibility have a significant effect on actual and potential users. Perceived trust significantly influences actual users' behavioral intentions, whereas social influence only significantly affects potential users.Originality – The study was conducted on Islamic mobile payment using actual users and potential users as respondents. The study will contribute to the development of theories on the adoption of technology and Muslim consumers.
Faculty of Economics, Universitas Islam Indonesia
2021-08-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/19616
10.20885/jeki.vol7.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 2, July 2021; 123-138
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/19616/11468
Copyright (c) 2021 Exval Mahendra Saputro, Sri Rahayu Hijrah Hati
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/19792
2022-04-26T01:33:39Z
JEKI:ART
driver
Branchless banking and profitability in the Indonesian Islamic banking industry
Al Arif, Mohammad Nur Rianto
Cahyani, Uut Tri
branchless banking
profitability
Islamic banking
G21
G29
Purpose – This study aims to examine the effect of branchless banking on the level of profitability in Islamic banks.Methodology – This study uses two Islamic banks that have implemented branchless banking (BRI Syariah and BTPN Syariah) and two Islamic banks that have not implemented this policy (BNI Syariah and Bukopin Syariah). This study uses regression analysis techniques with panel data. The model used in this study is the fixed effect model.Findings – This study shows that the branchless banking policy has a positive impact on profitability. This result implies that the implementation of branchless banking can improve the performance of Islamic banks in Indonesia. So, it is hoped that other Islamic banks can implement this branchless banking policy to overcome the limitations of their network. In addition, branchless banking can expand customer reach to areas that have not been served well by Islamic banks.Originality – Research on branchless banking in Islamic banks in Indonesia is still limited. There are only few studies comparing banks that have implemented branchless banking with banks that have not implemented this policy. Therefore, this research will contribute to a study that discusses branchless banking in Islamic banks in Indonesia, especially its impact on performance.
Faculty of Economics, Universitas Islam Indonesia
2021-08-17
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/19792
10.20885/jeki.vol7.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 2, July 2021; 154-160
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/19792/11489
Copyright (c) 2021 Mohammad Nur Rianto Al Arif, Uut Tri Cahyani
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/19924
2022-05-18T01:40:06Z
JEKI:ART
driver
Intergenerational value transmission, religiosity, and ethical consumption: Evidence from college students in Indonesia
Kasri, Rahmatina A
Mariz, Karina
Halimatussadiah, Alin
Islamic microeconomics
Behavioural studies
Ethical consumption
Pro-environmental behaviurs
Food waste
Intergenerational value transmission
Religiosity
Q53
Purpose – With the implementation of Sustainable Development Goals (SDGs), there has been growing attention towards food-wasting behaviors under the public and scientific domain due to its strong economic, environmental, and social consequences. However, educational institutions–which are expected to implement ethical consumption behaviors–still face various challenges to implement it. Hence, the study aims to identify the determinants influencing food-wasting behavior amongst university students in Indonesia.Methodology – The study employed a quantitative research method, in which primary data from 780 students from Universitas Indonesia is analyzed using the logistic regression model. The main variables used are eating disciplines (proxies of intergenerational value variable), religiosity, and several socio-demographic factors.Findings – The study found that current eating discipline, desire to educate/discipline future offspring on the habit of finishing food and meal planning significantly influence food-wasting behavior amongst university students. This implies the importance of intergenerational value transmission in influencing ethical consumption behavior. In contrast, despite being a religious country, no significant relationship was found between religiosity and food-wasting behavior. Types of university degrees and gender were also found to significantly influence food-wasting behavior.Practical implications – The findings implied that families and educational institutions should attempt to increase students’ awareness and induce a more positive value transmission towards ethical consumption behavior, including linking food-wasting behaviors to curriculum and religious teaching/practices. Furthermore, given the reciprocal nature of the intergenerational value transmission, higher awareness regarding food waste issues should encourage a more positive attitude and behavior of students and subsequently be used to influence their families, friends, and offspring in the future.Originality – While some studies have examined the connection between religiosity and ethical consumption behavior, few studies have attempted to assess the relationship between religiosity and individual food-wasting behavior at a collegiate level. This study tries to fill the gap in the context of the university in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2021-07-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/19924
10.20885/JEKI.vol7.iss2.art3
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 2, July 2021; 139-153
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/19924/11488
Copyright (c) 2021 Rahmatina A Kasri, Karina Mariz, Alin Halimatussadiah
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/20425
2022-04-26T01:36:11Z
JEKI:ART
driver
Do stability and size affect the profitability of Islamic rural bank in Indonesia?
Sudarsono, Heri
Afriadi, Fiqih
Suciningtias, Siti Aisiyah
Profitability
Stability
Size
Generalized method of momentum (GMM)
Islamic Bank
Purpose – This study aims to analyze the effect of stability, size, financial performance and macroeconomic variables on the profitability of Islamic Rural Banks (BPRS) in Indonesia.Methodology – This study uses panel data consisting of 82 BPRS from December 2012 to December 2018. This study uses a dynamic model using GMM (General Method of Moments) developed by Arellano & Bover (1995) and Blundell & Bond (1998). GMM is used to describe the actual conditions in the analysis of profitability of Islamic Rural Banks.Findings – The findings of this study indicate that the stability and size of the BPRS have a negative effect on the level of ROA and ROE. Further, BAC has a positive effect on ROA but it has a negative effect on ROE. While the deposit structure (DS) is found to have a positive effect on ROA and ROE, FDRand the total deposit (DAR) is found to have a positive effect on both ROA and ROE. Meanwhile, the capital structure does not show a significant value on ROA. On the other hand, economic growth (GDP) and inflation (INF) do not show a significant relationship to ROA, but inflation is positively related to ROE.Originality – This study is to determine the effect of the stability and the size of BPRS on its profitability. This study uses 6 models to obtain a consistent variation of variables in influencing profitability.
Faculty of Economics, Universitas Islam Indonesia
2021-08-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/20425
10.20885/jeki.vol7.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 2, July 2021; 161-174
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/20425/11525
Copyright (c) 2021 Heri Sudarsono, Fiqih Afriadi, Siti Aisiyah Suciningtias
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/20437
2022-04-26T01:37:36Z
JEKI:ART
driver
Mapping the global Islamic equity market vis-à-vis the COVID-19 turbulence
Rizaldy, Muhamad Rizky
Rahayu, Siti
Islamic Capital Market
Global Islamic Equity Market
Asset Allocation
Covid-19
F01
F21
G11
G17
Purpose – COVID-19 typically affects economic activity and growth, including the movement of global Islamic stock indices. This experimental study intends to analyse and map the global Islamic equity markets competition and identify which countries have the best performance while facing the turbulence of COVID-19.Methodology – This research was conducted by simulating the formation of a global Islamic stock portfolio and ranking based on weighting of investment allocations in each country. The data used were monthly data during the first year of the COVID-19 crisis period from 12 countries that provide an Islamic stock index and are constituents of Dow Jones Global Islamic Indices and/or FTSE Shariah. The Single Index Model was employed as the method in the formation of the global portfolio in this research.Findings – Our analysis revealed that four countries that deserve the biggest weights, namely China, Japan, Turkey, and Malaysia, were the countries with the best relative performance compared to their risk and the most defensive countries to the global systematic market risk and turbulence during the first year of COVID-19 crisis period. On the other hand, three countries were eliminated as their Excess Return to Beta were lower than the Cut-Off Point, these countries were the United Kingdom, United Arab Emirates, and Canada, which means that the returns of these countries were not worth the risks.Originality – While some studies have analysed the behaviour of Islamic stock markets during the COVID-19 crisis, none of them tried to map the global Islamic stock market that reflects the competitiveness of the constituent countries and the competition amongst them.Practical implication – This research argues that if Islamic multinational investors allocate their funds while facing the COVID-19 turbulence by considering the global map generated from this study, the investors will have a global Islamic investment portfolio with an optimal return which is higher than the market return and minimal risk which is lower than the market risk.
Faculty of Economics, Universitas Islam Indonesia
2021-09-02
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/20437
10.20885/jeki.vol7.iss2.art6
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 2, July 2021; 175-188
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/20437/11596
Copyright (c) 2021 Muhamad Rizky Rizaldy, Siti Rahayu
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/20765
2022-04-26T01:38:11Z
JEKI:ART
driver
A spatial analysis of non-performance financing determinants in Islamic banks in Indonesia
Suprayitno, Eko
Hardiani, Rizky Mubarocha
Islamic Bank
Non-Performing Financing
Spatial Analysis
Microeconomic Variables
Macroeconomic Variables
G21
E10
C21
Purpose – This study aims to analyze the non-performance financing determinant of Islamic Banking (IB) in Indonesia through spatial analysis. These determinants consist of macroeconomic and microeconomic variablesMethodology – Samples in this research were selected using the purposive sampling technique with the criteria of Islamic banks registered in the Financial Services Authority (OJK) that released quarterly data reports and financial reports during 2015-2020. There are 7 Islamic banks that met the criteria.Findings – Results showed that the ROA, Inflation, GDP, and BI Rate simultaneously affected the NPF level, while FDR and CAR do not affect the NPF level of Islamic commercial banks. Meanwhile, partially FDR, BOPO, CAR, ROA, Inflation, GDP, and BI Rate affect the NPF level. In addition, the spatial analysis showed that based on the global distribution, there is a significant spatial effect through the geographical location between one bank and other.Originality – This research provides empirical data related to the determinants of non-performing financing, using the spatial analysis approach. Moreover, this research also uses the most updated data, Islamic and conventional banks during 2015-2020Research limitations – Related to the samples of Islamic banks, this research only investigates those registered in OJK, not all Islamic banks in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2021-09-23
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/20765
10.20885/jeki.vol7.iss2.art7
Jurnal Ekonomi & Keuangan Islam; Volume 7 No. 2, July 2021; 189-205
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/20765/11637
Copyright (c) 2021 Eko Suprayitno, Rizky Mubarocha H, Rizky Mubarocha H
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21247
2022-08-03T07:57:23Z
JEKI:ART
driver
Intellectual capital on zakat performance with corporate governance as an intervening variable in sharia commercial banks
Wahyudi, Tri Wahyudi
Puspita, Gita
Purpose – This study aims to analyze the influence of intellectual capital; and corporate governance on the performance of zakat in Islamic commercial banks. Methodology – Population in this study is Islamic commercial banks registered in the Bank Indonesia database with the period spanning from 2014 to 2019. The samples were filtered using purposive sampling technique based on financial statement data. Analyses were carried out using classical assumption test and multiple linear regression analysis. Findings – The results from multiple linear regression analysess indicate that intellectual capital significantly influences zakat performance at 5 percent alpha level. However, intellectual capital has no effect on zakat performance when variable of corporate governance is treated as an intervening variable. Implications – This research can be used in the future both as a literature review and as a reference material that can be used by zakat institutions, Islamic banking, and the government, especially in Indonesia in managing and determining strategies to improve future company performance.Originality – In general, research using sharia principles for each variable calculation (iB-VAIC and Zakat) are still limited. In addition, there is only a few researchers who use the corporate governance variable as an intervening variable.
Faculty of Economics, Universitas Islam Indonesia
2022-08-03
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21247
10.20885/JEKI.vol8.iss2.art8
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 2, July 2022; 250-263
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21247/13914
Copyright (c) 2022 Tri Wahyudi Wahyudi
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21423
2022-06-02T01:56:22Z
JEKI:ART
driver
Is Islamic banking stronger than conventional banking during the Covid-19 pandemic? Evidence from Indonesia
Wijana, I Made Dauh
Widnyana, I Wayan
Islamic economics
Islamic finance
Islamic banking
Covid-19 Pandemic
Purpose – We intended to test and compare the durability of Islamic banking and conventional banking during the Covid-19 pandemic in Indonesia. To that end, we first compared their performance before and during the pandemic. Next, we examined the effects of pandemic shocks on the performance of each of them.Methodology – The data covers 80 banks in Indonesia, which were divided into four groups, namely Islamic and conventional commercial banks, and Islamic and conventional rural banks. Each group consisted of 20 banks. Our observation period is 10 quarters, which was divided into two periods, namely the period before the pandemic (Q1-2019 – Q1-2020) and the period during the pandemic (Q2-2020 – Q2-2021). For comparison, we used a paired sample t-test, while testing the effect of shocks using a panel regression model.Findings – Islamic banking outperformed conventional banking, both before and during the Covid-19 pandemic. The Covid-19 pandemic has predominantly shaken conventional banking indicators and has only slightly shaken Islamic banking. However, this does not mean Islamic banks were superior to their conventional counterparts because both were shaken, it's just that conventional banks experienced a bigger shock than their Islamic counterparts.Originality – This is an original study that examines and compares the performance between Islamic and conventional banking using financial ratios during the Covid-19 pandemic.
Faculty of Economics, Universitas Islam Indonesia
2022-02-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21423
10.20885/jeki.vol8.iss1.art9
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 1, January 2022; 125-136
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21423/12207
Copyright (c) 2022 I Made Dauh Wijana, I Wayan Windnyana
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21596
2022-06-02T01:55:50Z
JEKI:ART
driver
The benefit segmentation sharia tourism in Indonesia
Sumadi, Sumadi
Sari, Octavia Gandra
Benefit Segmentation
Sharia Tourism
Cluster Analysis
Indonesia
Purpose – This study aims to determine the priorities and benefits sought by Muslim consumers for sharia tourism in Indonesia. The study population was the potential tourist consumer, and convenience sampling methods carried out the sampling.Methodology – The data were collected by field surveys with a sample of 300 respondents. Dendrogram cluster approach and chi-square test analysis were used to analyze the benefit segmentation.Findings – The study results explain the attributes of the tourism category to form clusters based on the reasons for the proximity of the benefits sought by consumers. Muslim tourists have a top priority for natural tourism, with the following priorities were cultural tourism, culinary tourism, and religion by sharia facilities. In terms of gender, there is no difference in the choice of the four categories of sharia tourism. Meanwhile, in terms of age and income, there is a significant difference in the choice of four categories of sharia tourism in Indonesia, with the most considerable portion choosing culinary tourism. The findings of this study imply that cluster analysis is suitable for explaining benefit segmentation. Information on the benefit of experience tourists seek an input for sharia tourism destination providers for the target market for Muslim tourists.Practical Implication – Practically the findings of this research can be used as information to develop tourism marketing strategies by the government and tourism actors with Muslim segments and target markets, both nationally and internationally. Therefore, they can formulate a marketing strategy based on demographic consideration.
Faculty of Economics, Universitas Islam Indonesia
2022-02-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21596
10.20885/jeki.vol8.iss1.art8
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 1, January 2022; 110-124
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21596/12200
Copyright (c) 2022 Sumadi Sumadi; Octavia Gandra Sari
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21731
2022-09-14T06:49:09Z
JEKI:ART
driver
Spin-off and efficiency in Islamic banks: DEA approach
Nabilah, Nabilah
Al Arif, Mohammad Nur Rianto
spin-off
efficiency
Islamic banks
two-stage DEA.
Purpose – This study aims to analyze the efficiency level of Islamic banks from spin-off and non-spinoff results and the impact of the separation policy and other factors that affect the efficiency level of Islamic banks.Methodology – This study uses a quantitative approach through data envelopment analysis to measure the efficiency level of Islamic banks and the difference-in-difference approach to examine the impact of separation and other factors that affect the efficiency level of Islamic banks. Data is collected directly from each of the six Islamic banks' financial statements.Findings – The results showed no difference in the efficiency level between before and after the spin-off policy at the spin-off bank. Furthermore, it was found that the efficiency level of spin-off Islamic banks was significantly lower than that of non-spinoff Islamic banks. Implication – This result implies that the rules regarding spin-offs should be evaluated. The spin-off policy must be a corporate action and not a regulation imposed by the regulator. Merger or conversion between sharia business units can be an alternative to improve the performance of sharia banking in Indonesia. Originality – Research on the impact of Islamic bank spin-off policies is still limited. Only a few studies analyze the efficiency level of Islamic banks as a result of spin-offs by measuring data analysis. Therefore, this research will contribute to research that discusses the spin-off policy of Islamic banks, especially the impact on efficiency and the factors that affect the level of efficiency.
Faculty of Economics, Universitas Islam Indonesia
2022-07-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21731
10.20885/JEKI.vol8.iss2.art4
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 2, July 2022; 197-205
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21731/13858
Copyright (c) 2022 Nabilah Nabilah
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21772
2022-06-02T01:54:49Z
JEKI:ART
driver
Designing of digital-based Islamic social finance model through role of mosque
Nuriyah, Aminah
Fakhri, Ulumuddin Nurul
Mosque
ANP BOCR
Crownfunding
Tabbaru’ Fund
Purpose – This study aims to optimize the role of mosques in increasing economic welfare and reducing widespread public usury loans. Moreover, this study also aims to determine the right model for Islamic financial activities.Methodology – This is a qualitative study and the Analytic Network Process (ANP) BOCR model was utilized to obtain the ideal model according to literature reviews and expert opinion. This study conducted in-depth interviews with 5 experts (Ulama, Regulators (Financial Services Authority), Fintech Practitioners, fintech academics, and the Indonesian Mosque Council).Findings – Three alternative models were chosen by the experts, namely the Crowdfunding Model (0.47), Peer-to-Peer landing (0.37), and Bank Infaq (0.17). In addition, the experts suggested for attention to be made to the cost factor (0.47) so as not to burden the mosque. Moreover, according to the experts, the benefits (0.28) that will be obtained will be greater for the welfare of the mosque and residents around the mosque if fintech crowdfunding is implemented.Originality – Research on the role of mosques in improving people's welfare by utilizing fintech is very rarely done. The results of this study are expected to increase the role of the community in collecting funds and controlling the distribution of tabarru' funds.Research limitations – This type of research is exploratory, and empirical research is needed for in-depth results.Practical implications – If this research is implemented, it will accelerate the recovery of economic conditions during a crisis.Social implications – The successful implementation of the Islamic Social Finance (ISF) model by utilizing the role of the mosque will improve the welfare of the community evenly.
Faculty of Economics, Universitas Islam Indonesia
2022-02-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21772
10.20885/jeki.vol8.iss1.art6
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 1, January 2022; 77-93
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21772/12198
Copyright (c) 2022 Aminah Nuriyah, Ulumuddin Nurul Fakhri
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21841
2022-07-25T08:33:25Z
JEKI:ART
driver
The impacts of Covid-19 on macroeconomic indicators and the performance of Islamic banks in Indonesia
Fakhri, Ulumuddin Nurul
Nuriyah, Aminah
Pandemic COVID-19
Macroeconomics
Financial Performance
PLS-SEM
ANN
Purpose – The purpose of this study was to determine the extent of the impact of Covid-19 on the macroeconomic indicators and financial performance of Islamic banks in Indonesia. The results of this study may serve as a reference for the Indonesian government and Islamic banks’ stakeholders in formulating strategic decisions in creating innovative solutions during the Covid-19 pandemic.Methodology – Quantitative research method with 2 approaches, namely Partial Least Square-Structural Equation Modeling (PLS-SEM) and Artificial Neural Networks (ANN) was selected for this study.Findings – This study demonstrated that macroeconomic indicators were significantly affected by the Covid-19 pandemic. However, the results of the ANN and PLS-SEM models varied. The PLS-SEM model illustrated the impact of the Covid-19 pandemic affecting the performance of Islamic banking, while the ANN model did not.Implication – This research has implications for stakeholders, especially the government to maintain macroeconomic stability, while for Islamic banking management to focus more on product innovation and service excellence so that it can be closer to the public, especially Muslims community.Originality – Numerous studies examining macroeconomics and the financial performance of Islamic banking have been conducted. This study aimed to offer an alternative perspective by using two models, namely PLS-SEM and ANN.
Faculty of Economics, Universitas Islam Indonesia
2022-07-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21841
10.20885/JEKI.vol8.iss2.art5
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 2, July 2022; 206-220
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21841/13859
Copyright (c) 2022 Ulumuddin Nurul Fakhri, Aminah Nuriyah
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21867
2022-06-02T01:52:33Z
JEKI:ART
driver
Solutions to money laundering prevention through Regulatory Technology (RegTech): Evidence from Islamic and conventional banks
Utami, Alivia Meyrizka
Septivani, Mega Dwi
economics
islamic finance
islamic banking
Journal of Islamic Economics and Finance
G21
G28
Purpose – This study aims to examine the effect of the relationship between RegTech and Money Laundering Prevention (MLP). This study also examines the differences between RegTech in Islamic and conventional banks.Methodology – The current study used explanatory research to test hypotheses using primary data obtained through a survey with a questionnaire conducted online with 100 respondents from bank employees, both conventional and Islamic in Indonesia. In addition, an independent t-test was used.Findings – The results reveal that Transaction Monitoring (TM) and Cost and Time (CT) significantly affect MLP, while electronic Know Your Customer (eKYC) does not affect MLP. The comparative test of the differences in RegTech in Islamic and conventional banks confirm differences in transaction monitoring and cost efficiency between Islamic and conventional banks. At the same time, there is no difference in eKYC between Islamic and conventional banks.Originality – Research related to RegTech in Islamic and conventional banks' money laundering prevention efforts is still very limited in Indonesia. This study will contribute to the existing literature on Islamic finance and the development of financial technology in Indonesia.
Faculty of Economics, Universitas Islam Indonesia
2022-02-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21867
10.20885/jeki.vol8.iss1.art2
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 1, January 2022; 17-31
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21867/12194
Copyright (c) 2022 Alivia Meyrizka Utami, Mega Dwi Septivani
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21869
2022-06-02T01:53:21Z
JEKI:ART
driver
Liquidity risk in economic uncertainty: Evidence from Indonesian Islamic banks
Anis, Muhammad
Hamdi, Baitul
Islamic banking
liquidity Risk
World Uncertainty Index
inflation rate
ARDL approach
E44
E52
G01
G21
G32
Purpose – This paper aims to analyze the effect of economic uncertainty on liquidity risk of Islamic banks in Indonesia by observing the impact of economic uncertainty (World Uncertainty Index), macroeconomic factors (GDP Growth and Inflation Rate), and bank-specific factors (CAR and ROA) on liquidity risk.Methodology – Using time-series quarterly data from OJK’s Islamic Banking Statistics 2015-2021, this research applies Auto-Regressive Distributed Lag (ARDL) and Error Correction Term (ECT) to see the long-term impact and short-term response of economic uncertainty, inflation rate, GDP growth, ROA and CAR on liquidity risk of Islamic Bank.Findings – This research finds that economic uncertainty has a positive and significant effect on liquidity risk in the short term and long term. It means the increase in uncertainty index caused by the crisis, war, or pandemic like nowadays will enhance the liquidity risk of Islamic banking. At the same time, the inflation rate has a significant negative effect on liquidity risk in the short-term and long term.Originality – This research uses a combination of macroeconomic variables and bank-specific factors, and the economic uncertainty variable from the World Uncertainty Index. In this case, one of the reasons for liquidity problems apart from fund management failure is unfavorable economic conditions. In addition, this study also provides several recommendations in maintaining banking liquidity risk.Research limitations – This study uses time-series data with a limited period (2015Q1-2021Q2). In addition, this uses cumulative data on Islamic banking in Indonesia; thus, it does not describe the conditions in each Islamic bank, although certainly there are some different conditions between each other. Therefore, it is hoped that studies will complement these limitations in the future.
Faculty of Economics, Universitas Islam Indonesia
2022-02-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
application/pdf
application/vnd.openxmlformats-officedocument.spreadsheetml.sheet
https://journal.uii.ac.id/JEKI/article/view/21869
10.20885/jeki.vol8.iss1.art3
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 1, January 2022; 32-46
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21869/12195
https://journal.uii.ac.id/JEKI/article/view/21869/13443
https://journal.uii.ac.id/JEKI/article/view/21869/13444
Copyright (c) 2022 Muhammad Anis; Baitul Hamdi
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21976
2022-09-14T06:40:15Z
JEKI:ART
driver
Assessing the internal factor affecting the bank profitability in Indonesia: Case of dual banking system
Kasanah, Roisatun
Abidillah, Achmad Fadlil
Rusgianto, Sulistya
Islamic banking
conventional banking
profitability
Economic Growth
Purpose – In an uncertain economic condition, maintaining companies’ profitability is essential. This study aims to analyze and assess the factors that affect bank profitability by focusing on internal factors such as capital, size, asset quality, and liquidity risk. This study also observed the effect of Islamic and conventional banking in Indonesia with a comprehensive profitability analysis as measured by ROA, ROE, and NIM/NOM.Methodology – The method used in this research was panel data regression. The data studied were derived from the quarterly reports of Islamic and conventional banking in Indonesia for five years, from 2016 to 2020.Findings – The results showed that conventional banking in Indonesia had a higher level of profitability than Islamic banking. The profitability of conventional banks is significantly influenced by the level of equity, size, CKPN, and LDR. On the other hand, Islamic banking in Indonesia generally has a lower level of profitability, but in terms of individual performance, the value was not inferior to conventional banking. Variables that significantly influence the profitability of Islamic banking included equity, CKPN, and FDR.Implication – Banks in Indonesia must improve their performance so that the development of asset size can be in line with the level of profitability generated, maintain asset quality so that the health of the bank is maintained, and has proportional equity and LDR/FDR value.Originality – This research used three profitability ratios: ROA, ROE, and NIM/NOM, and analyzed Islamic and conventional banking, considering that Indonesia has a dual banking system, so the analysis carried out was more comprehensive.
Faculty of Economics, Universitas Islam Indonesia
2022-07-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
application/pdf
https://journal.uii.ac.id/JEKI/article/view/21976
10.20885/JEKI.vol8.iss2.art2
Jurnal Ekonomi & Keuangan Islam; Volume 8 No. 2, July 2022; 167-181
2614-6908
2088-9968
eng
https://journal.uii.ac.id/JEKI/article/view/21976/13856
Copyright (c) 2022 Roisatun Kasanah
https://creativecommons.org/licenses/by-sa/4.0
0bfd420f91e995cb6ffc04d045b0e9cb