Indonesian Journal of Islamic Economics Research

Inclusive growth in rural Indonesia: exploring the tnteraction between technology and financial inclusion

2024-10-01T05:51:40+00:00

Financial inclusion, as a form of ease in accessing financial services for the community, is key to creating inclusive growth. This research examines financial inclusion and technology in influencing inclusive growth in rural areas of Indonesia. The analytical approach is a Longitudinal Data Panel. The data is sourced from the Indonesia Family Life Survey (IFLS). The results of this study indicate that financial inclusion influences inclusive growth. On the other hand, technology plays an intermediate role between financial inclusion and inclusive growth in rural areas of Indonesia. The government also needs to provide facilities and security to develop technology.

Application of Istishna to buying and selling furniture (case study of Sambi Tereng gallery shop)

2024-09-30T05:55:02+00:00

This study aimed to determine the application of istishna' in buying and selling furniture at the Sambi Tereng Gallery Shop. The approach used in this research is a qualitative approach which produces descriptive data. Data collection techniques in this research used observation, interviews and documentation. The informants in this research consisted of 1 key informant, 3 main informants, and 3 additional informants. The technique for checking the validity of the data used by the author in this research was the triangulation technique. The results of this research show that the application of istishna' in buying and selling furniture at the Sambi Tereng Gallery Shop has been applicated in accordance with the pillars and requirements of istishna'.

The impact of fiscal spending and financing by Sharia banks on economic growth in Indonesia

2024-10-04T03:14:35+00:00

Economic activity can be increased by fiscal policy stimulus and financing by Sharia banks. This study aims to analyze the roles of fiscal policy and banking sector in driving Indonesia’s economic growth. Fiscal Policy, Macroeconomics, Financing, and Economic Growth are the variables used in this study. The data used is secondary data for the 2014-2023 period. This study uses the Error Correction Model (ECM) method. The results show that Fiscal Policy with proxy tax and government expenditure influence Economic Growth. On the other hand, the Financing of the banking sector influences Economic Growth.

The role of Maqashid-Syariah in enhancing business sustainability through green dynamic capability and marketing strategies

2024-10-01T02:24:08+00:00

Abstract

This study aims to explore the role of Maqashid Syariah in enhancing business sustainability through the integration of Green Dynamic Capability and marketing strategies, focusing on PT Bank Muamalat in the Central Java province. A quantitative research approach was employed, using the Structural Equation Modeling (SEM) with Partial Least Squares (PLS) to analyze the relationships between variables. SEM PLS was chosen for its ability to evaluate complex models and measure latent variables that cannot be directly observed. Data were collected through a survey targeting 280 permanent employees of Bank Muamalat, using a saturated sampling technique to ensure comprehensive representativeness. The results of the study supported several hypotheses, showing that Maqashid Syariah positively influences marketing strategies and business sustainability. However, the impact of Green Dynamic Capability on innovation and business sustainability was not fully significant, indicating the need for further optimization in the implementation of green strategies. These findings suggest that Bank Muamalat can enhance its competitiveness by strengthening the application of Maqashid Syariah principles, particularly in marketing strategies, while simultaneously improving the integration of environmental sustainability initiatives. The study provides critical managerial implications, highlighting the importance of continuous monitoring and evaluation to ensure the effectiveness of these strategies in achieving long-term sustainability.

How tiktok shop drives beauty product purchase intentions among moeslem gen Z women in Medan

2024-09-30T06:56:49+00:00

This study investigates the relationship between social commerce constructs, customer trust, and purchase intentions, focusing on the context of beauty products on TikTok. Through a quantitative approach utilizing a survey method, data were collected from moeslem women of Generation Z in Medan City. The research findings indicate a non-significant direct relationship between social commerce constructs and customer trust, suggesting minimal influence of these constructs on trust. Similarly, the direct impact of social commerce constructs on purchase intentions was found to be non-significant. However, a significant positive relationship was observed between customer trust and purchase intentions, highlighting the pivotal role of trust in driving purchase decisions. The study emphasizes the importance of fostering customer trust to enhance purchase likelihood in social commerce environments. While direct effects of social commerce constructs on trust and purchase intentions may be limited, efforts to build and maintain customer trust are crucial for boosting purchase intentions effectively. Further research and model refinement are recommended to explore additional factors influencing these dynamics.

Dependence of Zakat assistance among asnaf students in Universiti Teknologi Mara Terengganu Branch, Malaysia

2024-10-22T15:12:16+00:00

This study wants to examine whether Zakat funds are used as well as possible by mustahik zakat The sample of data consists of asnaf students at the UiTM Terengganu Branch, including Dungun Campus, Bukit Besi Campus, and Kuala Terengganu Campus. The method of data collection is using a questionnaire that was created in accordance with the study sample, which is UiTM asnaf students. A sample of 164 students was taken for the three campuses at the UiTM Terengganu Branch. Data analysis using descriptive statistical analysis, i.e., Structure Equation Modelling (SEM), with data to be generated using the Smart PLS version 4.0.9.2. The results of the study found that the level of dependence on zakat aid among students is high, with four variables showing a significant effect, namely the knowledge factor, perception factor, exposure factor, and attitude factor. While the understanding factor is not significant for DZA.

Strengthening business capital in the Halal industry through Waqf: ANP analysis of the Waqfpreneur program

2024-12-09T01:34:12+00:00

This study examines how the Indonesian Waqf Education Foundation's Waqfpreneur program strengthens business capital in the halal industry through the waqf mechanism. The halal industry in Indonesia has experienced significant growth but still faces challenges in terms of financing and business capital. Waqf, as an Islamic financial instrument, offers a potential solution to overcome this problem. The Waqfpreneur program is an innovation in waqf management that aims to support halal industry entrepreneurs by providing business capital through a productive waqf scheme. This study employs the Analytic Network Process (ANP) method, enabling a thorough assessment of multiple factors that impact the program's success. The study's results show that the main benefit of strengthening business capital through waqf is avoiding Riba capital, while the main opportunity is expanding the Indonesian halal industry market. Next, we must consider the cost of waqf management, taking into account the full value of the waqf. In the halal industry, compliance with halal standards poses the main risk.