Indonesian Journal of Islamic Economics and Business

Early Warning System Kerentanan Keuangan Asuransi Syariah di Indonesia

2024-02-15T07:42:20+00:00

This study aims as a first step in determining the financial health of the company using the Early Warning System (EWS) financial ratios and early corporate bankruptcy. This research aims to analyze the Altman Z-Score and Fulmer Model models which will be used as an Early Warning System (EWS) for sharia insurance vulnerabilities in Indonesia. The Altman Z-Score and Fulmer Model methods use data obtained from financial reports and processed as a measure of financial health. The ratio that influences the financial vulnerability of sharia insurance in Indonesia using the Altman method which has been modified using PCA is the ratio of retained earnings/total assets (X2) and income before tax/total assets (X3). Meanwhile, the influential ratios from the Fulmer method modified using PCA found 3 ratios that influenced the financial vulnerability of sharia insurance in Indonesia, namely Retained Earning/Total Assets (V1), EBT/Equity (V3) and Cash Flow/Total Debt (V4).

Strategi Pengembangan Wisata Halal Pantai Pangubaian Kabupaten Kaur Dengan Metode Analytical Hierarcy Process

2024-05-15T03:50:32+00:00

The purpose of this research is to determine the existence of tourism, a country or more specifically the local government where the tourist attraction is located receives income from the income of each tourist attraction. Halal tourism, as defined by this concept, considers Islamic law when deciding on tourism products as well as tourism services, criteria and alternatives that are priorities in determining strategies for developing halal tourism at Pengubaian Beach. To test this, researchers used a quantitative approach with primary data collection techniques in the form of questionnaires distributed to 85 respondents. The data analysis technique used is the Analytical Hierarchy Process method using the Expert Choice 11 program. From the results of the research and discussion it is known that the attractiveness criterion is the priority criterion with the highest weight value, namely 0.348. And alternative natural tourism in the attractiveness criteria with a weighted value of 0.845

Analysis Soft System Methodology of Digital MSME Development in DKI Jakarta

2024-11-14T23:09:30+00:00

This study employs the Soft System Methodology (SSM) to analyze and develop strategies for the digitalization of Micro, Small, and Medium Enterprises (MSMEs) in DKI Jakarta. Given the significant role of MSMEs in Indonesia's economy, contributing 61% to the Gross Domestic Product and employing 97% of the workforce, their integration into the digital landscape is crucial. The research highlights existing challenges, such as limited digital literacy, constrained access to capital, and inadequate product standardization, and identifies opportunities for enhancing MSME competitiveness through digital tools. By applying SSM, the research constructs a conceptual model to address these challenges, emphasizing stakeholder collaboration among government, academia, and the private sector. The findings offer a strategic framework for effective digital transformation, aiming to improve efficiency and foster sustainable economic growth.

Correlation Analysis of Economic Growth with social conflict in Jambi Province 2010 - 2022

2024-12-10T09:04:13+00:00

This study aimed to analyze economic growth’s correlation with social conflicts in Jambi Province between 2010 and 2022 using quantitative descriptive analysis. Secondary and primary data were analyzed using Pearson Product Moment Correlation with SPSS 25. The analysis showed that the correlation between GRDP and social conflict in Jambi Province is 0.869 and the two variables have a perfect positive linear correlation. Kerinci district has a high, perfect, positive, linear correlation of 0.912. Merangin district indicated -0.028, implying no correlation and that the two variables are opposite. Furthermore, the Sarolangun district showed 0.352, indicating a weak but positive linear correlation. Batang Hari district showed 0.652, implying a high unidirectional correlation. Muaro Jambi district indicated 0.919, or a very high, positive, and perfect linear correlation. Tanjung Jabung Timur district showed 0.540, meaning the two variables have a moderate, positive, and perfect linear correlation. Tanjung Jabung Barat district obtained 0.827, meaning the two variables have a very high and positive perfect linear correlation. Tebo district showed 0.801, implying a high and positive perfect linear correlation between the two variables. Furthermore, Bungo district indicated 0.473, meaning the two variables have a moderate and positive perfect linear relationship. Jambi City achieved 0.658, implying a high and positive perfect linear correlation. Sungai Penuh City indicated 0.612, meaning the two variables have a high and perfect positive linear correlation. A positive correlation means that conflict intensity increases with GRDP.

Kontribusi Kerjasama Bilateral Indonesia dan Singapura Dalam Sektor Pariwisata Terhadap Perekonomian di Dalam Negeri

2024-10-31T03:25:36+00:00

This research discusses the contributions made between Indonesia and Singapore regarding their cooperation efforts in the tourism sector to the domestic economy. Singapore is a neighbouring country of Indonesia which is one of the largest contributors of tourists in the last 10 years for Indonesia. This is a momentum that is utilised by Indonesia to advance its tourism sector for the domestic economy. The theory used in this research is Interdependence Theory, this theory emphasises that cooperation and mutual benefits can arise from good interdependence. The research method used is qualitative with data collection conducted through internet-based literature studies. This research found that there is a beneficial potential for both countries, especially in the tourism sector given that Indonesia is rich in destinations that are favoured by tourists so as to increase economic figures in the country.

Pengaruh Fluktuasi Harga, Kualitas Produk dan Kondisi Cuaca Terhadap Pendapatan Usaha Garam di Madura

2024-12-09T09:06:26+00:00

This study aims to analyze the impact of market price fluctuations, product quality, and weather conditions on salt business income in Madura. This study uses a quantitative approach with a multiple linear regression method to determine the influence between these variables. Primary data was obtained through direct surveys to salt farmers in Sumenep, while secondary data was obtained from the coordinator. The sample used in this study was 90 respondents, using the calculation of the solvin formula with a population of 880 farmers. The results of this study show that salt business income in Madura has a significant effect both partially and simultaneously by price fluctuations, product quality and weather conditions

Filantropi Islam di Minangkabau: Membentuk Solidaritas Sosial Melalui Adat dan Agama

2024-12-09T09:12:26+00:00

This research focuses on Islamic philanthropy in Minangkabau and its contribution to building social solidarity through the integration of local customs and religion. The method used is a literature review, collecting data from relevant articles, books, and case studies. The purpose of this study is to explore how Minangkabau traditional values, such as "gotong royong" (mutual cooperation) and "badunsanak" (kinship solidarity), play a role in facilitating philanthropic practices. The findings indicate that these local traditions, combined with Islamic teachings, strengthen social bonds and enhance community welfare. Furthermore, the role of women in managing family resources and the contributions of organizations like Muhammadiyah and Nahdlatul Ulama help reinforce structured philanthropic practices. Education in Islamic boarding schools (pesantren) also plays a crucial role in instilling philanthropic values in the younger generation. In conclusion, Islamic philanthropy based on local customs in Minangkabau not only strengthens social solidarity but also contributes to poverty alleviation and community well-being.

Strategi Produktivitas Lahan Persawahan dalam Mendukung Swasembada Pangan di Kabupaten Kerinci

2024-12-10T09:01:48+00:00

This study aims to see the productivity of rice fields in Kerinci district to formulation the productivity of rice fields in Kerinci district and the factors that influence the productivity of rice fields in Kerinci district. The study uses qualitative and quantitative research approaches. Qualitative research is used to collect data related to the development of rice fields and factors that influence the productivity of rice fields. Quantitative research is used to see the influence of factors that influence the productivity of rice fields in Kerinci district. Data collection uses observation, interview, documentation and questionnaire distribution methods using 100 snowball sampling samples. The results of the study show that many unproductive rice fields in Kerinci district are located in Batang Merangin, Bukit Kerman, Danau Kerinci, Gunung Raya sub-districts. The influencing factors are natural resources, labor, capital and entrepreneurship. The contribution of the influence of the variable model is 70.5% while 29.5% is determined by variables not included in this study. Qualitatively, the causes of unproductive rice fields are influenced by natural resources, damaged irrigation, increases in labor wages and workers switching to working on plantations, increases in fertilizer prices and economically, plantation businesses are considered more profitable than businesses in rice fields.

Pengaruh Pemasaran Syariah Offline dan Online terhadap Loyalitas Pelanggan dalam Mengkonsumsi Produk Halal Bermerek Wardah

2024-12-09T09:07:37+00:00

This study aims to determine the effectiveness of Offline Sharia Marketing and Online Sharia Marketing on Customer Loyalty in consuming Wardah branded halal products. Offline Sharia Marketing is introducing products indirectly with the media used such as newspapers, pamphlets, slayers and brochure brochures. On the other hand, online marketing uses digital technology to promote products or services that are targeted, iteractive and measurable. The main purpose of internet marketing was to promote products, increase referrals and increase traffic through various online marketing techniques. The data analysis method uses the Classical Assumption Test which is then carried out using SPSS 20. The research results indicate that both offline and online sharia marketing have a significant influence, whether individually or collectively, on Wardah customers' loyalty in consuming branded halal products. Marketing strategies based on sharia principles are considered effective in enhancing customer loyalty by incorporating Islamic values and utilizing relevant media platforms.

Peran Zakat Dalam Mendukung Program Sustainable Development Goals Pada Baznas Kota Jambi

2024-12-10T09:03:20+00:00

Zakat is an Islamic philanthropy and can be said to be one of the instruments that has a strategic role and contribution to the achievement of Sustainable Development Goals or sustainable development. The intersection between Sustainable Development Goals and zakat is united with the goal of poverty alleviation, including hunger in this world in various forms. Many ideas and concepts have emerged trying to connect one point of the Sustainable Development Goals with the definition of zakat, especially from the perspective of beneficiaries and the scope of zakat. Therefore, this study discusses how the implementation and role of zakat in supporting the Sustainable Development Goals program. The research method used is a qualitative research method. The results of the study show that the implementation of zakat carried out by BAZNAS Jambi City has been fully distributed to the mustahik through the implementation of the BAZNAS Jambi City work program. This indicates that zakat managed by BAZNAS Jambi City fully supports the Sustainable Development Goals program, as evidenced by the existence of superior programs from BAZNAS Jambi City. The programs distributed by BAZNAS Jambi City are Jambi Peduli, Jambi healthy city, Jambi clean city, Jambi pious city and independent Jambi. From the flagship programs of BAZNAS Jambi City, in the calculation of the overall SDGs index, it has a very good contribution value. In other words, the zakat distributed by BAZNAS Jambi City provides support for the Sustainable Development program in Jambi City, although the support is not yet significant.

Konsep Pembiayaan Mobil Listrik di Indonesia

2024-11-23T07:08:57+00:00

This study examines the concept of electric vehicle (EV) financing in Indonesia within the context of environmental sustainability and Sharia principles, using a library research method that analyzes relevant literature such as journals, institutional reports, and government policies. The findings reveal that although EV financing contributes only a small portion to total vehicle financing around 0.5% as of early 2024significant growth has been observed, supported by government incentives, environmental awareness, and innovations from financial institutions like Bank Syariah Indonesia (BSI) through the use of the murabahah contract. Despite challenges such as limited charging infrastructure, high vehicle costs, and an underdeveloped financing ecosystem, substantial opportunities exist due to increasing EV sales and the commitment of the government and financial institutions to support the transition toward green energy. This study provides a perspective that EV financing can be a vital instrument in achieving sustainability goals aligned with Sharia principles.

Implementasi Nilai Religius, Moral Etika dan Tradisi dalam Manajemen: Sebuah Tinjauan Literatur

2024-12-20T03:26:59+00:00

This research aims to understand how the application of religious, moral/ethical and traditional values affects organizational performance. It also explores the challenges faced by managers in implementing these values in management practices, as well as how these values can shape an organizational culture that supports sustainability and business ethics. This research uses a qualitative approach, with the Grounded Theory method to develop theories based on empirical data collected. Data collection techniques included interviews, observations, and document analysis, focusing on the phenomenon of applying religious, moral/ethical, and traditional values in the organization. The results show that religious, moral/ethical, and traditional values contribute significantly to improving organizational performance. Religious values such as honesty, justice, and responsibility create a harmonious and productive work environment. Morals/ethics support customer and stakeholder trust, while tradition strengthens organizational culture and employee loyalty. The results show that religious values, morals/ethics, and traditions contribute significantly to improving organizational performance. Religious values such as honesty, justice, and responsibility create a harmonious and productive work environment. Morals/ethics support customer and stakeholder trust, while traditions support organizational performance.

Pengaruh Nilai Tukar, Harga dan Total Produksi terhadap Ekspor Crude Palm Oil (CPO) Sawit di Provinsi Jambi Periode 2013-2022

2024-12-23T10:02:54+00:00

The aim of this research is to analyze the price of CPO, the amount of production and the value of CPO exports in Jambi Province. This type of research is a form of research that is descriptive and associative. This research explains the influence of the independent variables, namely CPO price data (X1) and production quantity (X2) on the dependent variable, namely export value (Y) in Jambi Province for the 2013-2022 period. This research method is oriented towards secondary data analysis, obtained from the Jambi Province Plantation Service, Jambi Province Central Statistics Agency (BPS) Website, Bank Indonesia Website, World Bank Website, literature, library studies and sources that are related to the research object. The analysis technique uses multiple linear regression. Partial research results show that the development of Jambi Province's CPO export value, rupiah exchange rate, CPO price and production quantities tend to fluctuate every year. The CPO price variable has a positive and significant effect on the value of CPO exports in Jambi Province, the exchange rate variable has a negative and insignificant effect on the value of CPO exports in Jambi Province, while the amount of production has a positive and significant effect on the value of CPO exports in Jambi Province. Together they have a significant effect on the CPO export value of Jambi Province, amounting to 87.5 percent.

Analisis Tingkat Efisiensi dan Produktivitas Perbankan di Indonesia Ketika dan Setelah Pandemi Covid 19

2024-12-19T01:00:45+00:00

This study attempts to ascertain the productivity and efficiency levels of eight Islamic banks and eight conventional banks in Indonesia during and after the COVID-19 pandemic. Using Data Envelopment Analysis (DEA) and Malmquist's Productivity Index (MPI), this study's input factors include labor expenses, assets, financing and revenue, and Third Party Funds (DPK). The findings indicate that the highest degree of efficiency has been effectively maintained by Bank Mandiri, BTN, BTPN, KB Bank Syariah, and BVS. Following the Covid-19 epidemic, BNI was the only bank to see an derivation in performance. Potential improvements in labor cost and revenue management were identified in a number of institutions by the Total Potential Improvement analysis .However, the MPI investigation demonstrates that banks such as BTPN and MEGA have seen notable boosts in productivity due to their successful adoption of digital technology. All things considered, this study demonstrates how the COVID-19 pandemic has affected Indonesian banks' performance. While some banks have maintained or even increased productivity, banks still face substantial hurdles in terms of profitability and efficiency. These findings suggest that in order to meet upcoming difficulties, operational efficiency gains and technology breakthroughs are essential.

Strategi Bank Indonesia dalam Mengakselerasi Ekonomi Syariah Melalui Program Pengembangan Kemandirian Ekonomi Pesantren

2024-12-27T02:29:37+00:00

This study aims to analyze Bank Indonesia's strategy in accelerating Islamic economics through the economic independence development program for Islamic boarding schools (pesantren) in Bengkulu Province. The research method used is qualitative with a descriptive approach. The findings indicate that Bank Indonesia has successfully strengthened the role of pesantren in the halal product ecosystem by providing support in the form of training, production equipment, and marketing. The pesantren involved have successfully developed their business units. This program has also improved Islamic financial literacy among pesantren and students, while providing entrepreneurial skills. The implications of this study highlight the importance of collaboration between Bank Indonesia, pesantren, and strategic partners to accelerate the development of Islamic economics. This research offers new insights by emphasizing the role of pesantren in the development of Islamic economics at the local level, which can contribute to the national economy.