EKSYAR : Jurnal Ekonomi Syari'ah & Bisnis Islam

Factors Affecting the Risk Non-Performing Sharia Commercial Bank Financing

Nurhadi Syaifudin Zuhri — 2023-08-25

This study aims to examine and analyze the influence of internal and external factors on the risk of problem financing in Islamic commercial banks in Indonesia. This research uses a quantitative type. Data comes from the Financial Services Authority (OJK) and Bank Indonesia for the 2015-2022. The data were first tested using the classical assumption test, which included the normality test, multicollinearity test, and autocorrelation test and then analyzed using multiple linear regression analysis. The Robust Least Squares method is used in multiple linear regression analysis to overcome the problem of heteroscedasticity. The results show that the internal factors that are taken into account are the efficiency ratio (BOPO), capital adequacy ratio (CAR) and financing-to-savings ratio (FDR). At the same time, the external factor that is taken into account is the inflation rate. Based on the results of testing the hypothesis using the z test, it is concluded that only CAR and FDR significantly contribute to problem financing. In contrast, efficiency and inflation do not significantly affect problem financing in Islamic Commercial Banks in Indonesia.

The Concept of Money in an Islamic Perspective

Asyari Hasan — 2023-08-26

This study aims to comprehensively understand the concept of money within the framework of Islamic principles. To achieve this goal, the authors of the articles employ methods that revolve around conducting a thorough examination of the available literature. The data have been obtained from a combination of primary and secondary sources. The study results show that money refers to any openly disclosed and used medium used by leading financial institutions to exchange, measure and store value. In addition, it is important to note that religious teachings do not explicitly mandate the use of gold and silver as a form of currency. However, the academic literature shows that this monetary form exhibits increased stability and a higher level of resistance to inflation when compared to other forms. In accordance with Islamic economic theory, money has three basic functions: first, as a medium of exchange; second, as a mechanism for determining interest rates or valuation; and third, as a means of obtaining loans, provided that they are backed by gold and silver.

Analysis of Muslim Tourist Loyalty to Halal Gastronomic Tourism in Salatiga City

Andriyan Eka Sapta — 2023-09-15

The development of the City of Salatiga as a City of Gastronomy will increase local and community income through culinary tourism and increase the number of tourists visiting Salatiga. The concept of halal is currently used as a trend for developing the Islamic economy in Indonesia, starting from the emergence of halal products (food and beverages), halal cosmetics, halal fashion and halal tourism to lifestyle (halal tourism). The purpose of this study focuses on the loyalty of Muslim tourists and how they increase tourist loyalty in the city of Salatiga. This study will use a variant-based Structural Equation Model (SEM) with AMOS version 2.0. The population of this study will be focused on halal gastronomic tourists in Salatiga City, while the samples selected in this study must meet the requirements of tourists who have visited more than three times. The product quality variable (X1) positively and significantly affects the tourist satisfaction variable (Z). Product quality affects tourist satisfaction, so managers of gastronomic tourism are advised to improve food taste, food aroma, food durability, and physical appearance of food. The price variable (X2) positively and significantly affects the tourist satisfaction variable (Z). Prices affect tourist satisfaction, so tourism managers are advised to increase price affordability, price competitiveness, and suitability of prices with product quality. The tourist satisfaction variable (Z) positively and significantly affects tourist loyalty (Y). Tourist satisfaction affects tourist loyalty, so tourism managers are advised to increase the suitability of tourist expectations, intention to revisit, and willingness to recommend from tourists.

The Role of Islamic Philanthropy in Post Covid-19 Pandemic Economic Recovery

Ahmad Agus Hidayat — 2023-09-20

This research aims to explain the important role of Islamic philanthropy, which contains elements such as zakat, infaq, shadaqah and waqaf, to make a real contribution to the economic problems caused by the Covid-19 pandemic. This research is a qualitative descriptive method with a library approach, where secondary data is used in the form of research findings, books, journals and articles related to the research topic. Data collection in this research involved literature searches through academic databases, literature selection and data extraction. This research uses literature synthesis analysis, quality evaluation, and conclusion drawing. The results of this research explain that the critical role of Islamic philanthropy in contributing to economic recovery is: (1) The need to establish UPZ in every village in Indonesia (2) Maximization of the cash zakat program along with productive zakat (3) The need to optimize the management of zakat and infaq (4) Providing educational program assistance to students affected by Covid-19, prioritizing Islamic economics students in the hope that they can make a real contribution to society through education or knowledge about Islamic economics. Of course, if several of the programs mentioned can run as expected, the acceleration of Indonesia's economic growth will soon be realized.

Implementation of the DSN-MUI Fatwa on Product Testimonials from Istihsan Perspective

Alfa Saniyah — 2023-09-23

Today, product advertising remains a marketing strategy for both large and small businesses. In addition, testimonials or statements of satisfaction from consumers are supporting factors for new consumers to trigger purchases to be made by consumers. Fictitious testimonials are an easy step new business people use to get consumers quickly. This study aims to determine how the DSN-MUI fatwa is viewed as a legal basis and how istihsan views the problem. The research method used is library research. Primary data uses DSN-MUI fatwa, and secondary data comes from books, journal articles indexed Sinta 5 to Sinta 2, and other supporting secondary data. The results of this study show that fictitious testimonials for new sellers whose purpose is to increase customer commitment to their business and provide benefits to sellers, according to the concept of istihsan, are allowed.

Analysis of the Business Model Canvas Approach for Indonesian Sharia Bank Gold Pawn Products

Dini Silmy Aulia — 2023-10-25

This research was motivated by the existing condition of the Indonesian Sharia Bank Tomo branch which is still in the form of Sub-Branch Offices; there are no bank location points on maps, low marketing intensity on social media, and the traditional gold content measuring instruments. This research method is a field and qualitative descriptive approach. Primary and secondary data collection techniques through observation, documentation, and interviews using source triangulation techniques. Data analysis techniques of Miles and Huberman and SWOT analysis. The results of research through SWOT analysis that produce alternative strategies to form a Business Model Canvas improvements are in Customer Segments with the addition of younger generation segments. Customer Relationship by maximizing personal assistance. Channels with the addition of more intense and trending use of social media, website updates, more attractive and quality brochures, and holding seminars. Value Proposition: The modernization of measuring instrument technology. Key Activities with modernising gold content measuring instruments can minimize estimation errors. Key Resources, modernization of measuring instrument technology, training centres, and cash deposits at ATMs. Key Partnership is the hope of collaborating with universities. Revenue Streams are expected to increase existing revenue. Cost Structure by removing the cost of test water.

Effect of Organizational Governance Management’s Service Transparency to Community Satisfaction

Muhammad Sholeh Khan — 2023-10-25

This research aims to determine the effect of transparency in organizational governance management services on community satisfaction. The object of this research is the Regional Office of the North Sumatra National Land Agency/ KANWIL BPN SUMUT. This research uses a qualitative approach with the type of literature study. Based on sources or supporting reference materials, comparing one piece of literature with another as a primary source. Apart from that, this research also uses secondary data sourced from information from several related institutions or agencies. This research found that the Community Satisfaction Index Value with Land Services was 76.35, an increase from 72.47 in 2017. This value was still in the not-good category. The service components with the lowest scores are Service Procedures (76.33), Facilities and Infrastructure (72.18), and Service Time (70.62). The features that received the highest scores were Handling Suggestions and Complaint Feedback (82.88), Implementing Behavior (80.23), and Requirements (79.26). The results of this research state that many elements of each sub-section of organizational service governance still need to be implemented optimally. This certainly has an impact on the efficiency and effectiveness of performance as well as on public assessment.

Segmenting, Targeting, and Positioning of Yogurt Products From the Perspective of Islamic Marketing

Adinda Dian Pramita — 2023-12-07

This study aims to explore the concept of Islamic marketing strategy and its potential role in developing halal trade and contributing towards the achievement of Sustainable Development Goals (SDGs). The research method use qualitative method, a literature review is conducted to examine Islamic marketing from a marketing strategy perspective, building on the STP framework and outlining its implications. The findings suggest that Sharia-compliant marketing can serve as an effective strategy for businesses to attract customers using halal marketing tactics in their Segmentation, Targeting, and Positioning approaches. This approach enables the business world to avoid being perceived as solely profit-driven and instead embrace social responsibility. The proposed framework can be utilized by businesses to segment the Muslim market given the cultural dissimilarities in interpreting Islam and halal. This way, companies can not only comprehend the diverse segments within Islamic interpretation, but also devise an appropriate marketing mix to cater to consumer requirements. The study's findings can be applied to Muslim marketers while using the Segmenting, Targeting, Positioning framework. Furthermore, it offers qualitative guidance for non-Muslim marketers and scholars, resolving various marketing-related concerns.

Problems of the Global Economic Recession and Strategies for Facing It: An Islamic Economic Perspective

Sri Fatimah Rahmatillah — 2023-12-11

This research aims to examine the problem of global economic recession, which still occurs cyclically, and strategies to overcome it from an Islamic financial perspective. This article is a type of qualitative research with a library approach. Data was collected from library sources, books, journals and other encyclopedias. Data analysis uses descriptive analysis. The research results show that the problem of contemporary global recession has been marked since the emergence of the Covid-19 pandemic to the Russian-Ukrainian geopolitical war, which caused a drastic decline in global economic activity, triggered shortages of essential commodities, inflation, and unemployment problems due to the United States Central Bank's policy of raising interest rates. The policies implemented by conventional economics have little effect in overcoming existing economic issues. The application of interest policies is strictly prohibited by Islamic law because it constitutes usury. The Islamic financial system is here to provide various strategies that can be implemented to overcome the economic crisis and build an advanced and healthy economy, the primary sources of which come from the Qur'an and Hadith.

The Influence of E-System Implementation, Tax Knowledge, Fiscus Services on Individual Taxpayer Compliance

Baiq Emilia Annisa Putri — 2023-12-11

This research aims to test how E-Systems (e-filling, e-billing), Taxation Knowledge and Fiscal Services influence compliance with WPOP in KPP wonosari. The method used in this research is the quantitative method. This research data source uses a questionnaire distributed to WPOP-registered KPP Pratama Wonosari. Sampling technique using random sampling techniques, the population number of this research was obtained by calculating the population using the Slovin technique formula, after calculating the people using the Slovin formula, getting the sample number of as many as 100 respondents in the taxable population of the City of Wonosari. Double regression analysis was then used in this study. Research shows that KPP Pratama Wonosari's e-billing policy correlates with WPOP compliance levels. Still, the e-filing policy in KPP WonoSari does not correlate to the compliance of WP OP. WPop adherence is influenced by the understanding of taxation. In addition, compliance with the WPOP is affected by the services provided by the fiscal officer.

Baitul Maal wa Tamwil (BMT) Phenomenon on Mosque-Based Syari'ah Economy

Misi Anggraini — 2023-12-13

This research aims to analyse how to develop the sharia economy of mosques through Baitul Mal wa Tamwil (BMT) in Solok City. BMT Solok City is a non-governmental organisation in the economic sector that has become an icon of Solok City to realise its mission, namely to become the "City of Medina Rice Terraces". The research method used in this research is qualitative research with a case study approach, data analysis used with case studies with data collection techniques through interviews, observation and distributing questionnaires via Google Form. This research shows that BMT management is carried out using the concept of qardh al hasan; institutionally, this institution does not have a legal entity, and its members are active congregants of the local mosque. Regarding BMT activities in Solok City, they are limited to lending and collecting funds and do not have financing service products like other microfinance institutions.

The Importance of Halal Brand Awareness in Purchasing Intentions in Indonesia: the Mediating Role of Attitude

Megita Bulandari — 2024-01-04

This research examines the relationship between people's intention to buy halal products and their knowledge of halal brand awareness. This research also investigates the possibility that attitudes influence purchase intentions through mediation effects. Research data was obtained from a reliable online survey with 152 respondents. Four hypotheses regarding the relationship between the characteristics of halal brand awareness, attitudes and purchase intentions were tested using the PLS-SEM approach. The findings of this study support each of the supported hypotheses, including the idea that attitudes have a mediating function. Therefore, to shift from a lifestyle that follows people's habits to a halal lifestyle, halal industry players must adapt to appropriate changes in consumer attitudes. Additionally, regulators should offer incentives to encourage a greater halal ecosystem. This research is different because it validates previous results regarding the impact of positive consumer sentiment on their tendency to purchase halal goods and services. Based on this research, customers consume more types of halal goods and services, such as food, sharia banking, and fashion, as well as goods related to lifestyle and well-being, such as shopping, sports, and swimming pools.

Analysis of Sustainability Reporting Disclosure Based on the Global Reporting Initiative (GRI) Standards

Maria Yovita R Pandin — 2024-03-05

This study aims to provide empirical evidence regarding the disclosure of PT Astra Internasional Tbk Jakarta's sustainability report for 2020-2021. This research uses quantitative qualitative research methods. Data obtained from the results of the sustainability report of PT Astra International Tbk Jakarta. Data analysis uses content analysis. The results of the analysis show that sustainability reports are company reports that convey information regarding the economic, environmental and social performance of a company's actions. Disclosure standards for business sustainability reports that use the Global Reporting Standards (GRI) standard should consist of general disclosure series (100 series) to specific disclosure series (200, 300, 400 series) to ensure that stakeholders receive consistent information during the decision-making process.

The Role of Religiosity and Service Quality on Student Trust in Sharia Banking

Sriyono Sriyono — 2024-03-05

This research aims to examine how big a role religiosity and service quality play in shaping students' trust in sharia banking. The method used is qualitative research involving interviews and observation as data collection tools in the field. In analyzing data, researchers adopted a Chain of Evidence approach, namely carrying out a thorough and in-depth analysis of the research object. Significant findings revealed through interviews with five respondents illustrate that both religiosity and service quality have a major influence on students' level of trust in sharia banking. The balance of religious values with sharia principles and positive experiences regarding service quality are important points in forming and strengthening students' trust in sharia banking.

Making a Footprint in the MSME International Market: Case Study of UD. Andi Welder West Nusa Tenggara, Indonesia

Muhammad Zainuddin — 2024-05-13

This research reveals the strategies metal and machinery MSMEs used in West Nusa Tenggara to compete and expand their products to the international market. The method used in this study is research with a case study method and an interview with Trading Business Andi Welder, who processes metal and produces machinery tools. Trading Business Andi Welder uses the Canva analysis strategy to innovate his product, which aims to see what product market response consumers most seek. Then, the product is refined to be accepted by the international market. This study cannot only limit product innovation strategies that consumers can accept, but also develop other strategies for future research, such as brand strategy and product quality. This research is a case study that raises the strategy of metal and machinery MSMEs to enter international markets.