Annual International Conference on Islamic Economics and Business (AICIEB)

Opportunities and Challenges of Sharia Microfinance Institutions in the Pandemic and Recovery Period

Ramadhani Irma Tripalupi — 2023-07-25

This paper discusses the opportunities and challenges of Islamic microfinance institutions during the pandemic and recovery. The focus of the discussion was: the state of MFIs during the Covid 19 pandemic, as well as the opportunities and challenges of MFIs during the pandemic and recovery. The research was conducted with a qualitative approach and a descriptive method. The sources of data collected are primary and secondary, with data collection techniques through observation, interviews, exploration with documentation studies, and related literature studies. The result of his research is the state of MFIs during the Covid-19 pandemic from their financial performance; although some aspects have decreased, they have generally increased. From the service aspect, MFIs improve access and digital-based services. The opportunities during the pandemic and recovery are as follows: the financial performance of MFIs is quite good; support for the entire Islamic financial ecosystem and the government; the potential of a Muslim-majority population; the role of MFIs in MSMEs and the informal sector; and easily accessible physically and financially. Challenges include economic growth under pressure; public savings and financing have declined; declining business activities in the real sector, including MSMEs and the informal sector; assistance to debtors in the fields of sharia business and financial science and practice, sharia marketing, and online technology; primary on-the-counter and digital services, including human resources competence and technological readiness; building communication through inclusion and literacy; cooperation with other LKS; and product and service innovation. This research has implications for management to formulate business policies, such as determining the business development of MFIs, determining their profits and financing assistance to MSMEs.

Financial Distress Analysis in Manufacturing Companies using The Panel Vector Auto Regression (PVAR) Approach

Siti Khoiriah — 2023-08-07

A good company's financial condition will attract investors in their investment decisions, managers in their financial decisions, and Current Ratioeditors in supporting their funding decisions. If the company's financial condition is bad and has an impact on the company's fate, then external parties will not want to work with the company because the company is on the verge of bankruptcy. This study aims to determine the effect of profitability ratios, liquidity ratios, and leverage ratios on financial distress. This study uses the Panel Vector Auto Regression (PVAR) approach, which concludes that the liquidity ratio proxied by the current ratio has a greater influence on financial distress than other variables.

The Role of The Sharia Supervisory Council (DPS) of Sharia Financial Institutions and Its Supervision System in Compliance with Sharia Principles: Case Study of BPRS Bhakti Sumekar Sumenep East Java

M. Zidny Nafi' Hasbi — 2023-07-25

The research aims to find out the role of DPS in Islamic Financial Institutions BPRS Bhakti Sumeker and DPS supervision system in fulfilling sharia. The research approach carried out is descriptive qualitative research. The data collection methods used are methods of observation, interview, and documentation. Whereas the analytical method used is an inductive analysis method to assess empirical facts found and matched with the foundation of sharia supervision. The results of this study showed that the role of sharia supervisory abroad the research aims to find out the role of DPS in Islamic Financial Institutions BPRS Bhakti Sumeker and DPS supervision system in fulfilling sharia principles by BPRS Bhakti Sumeker had fulfilled the criteria of the sharia supervisory board, obeying existing regulations and carrying out its duties properly. Nevertheless, BPRS has not been innovative in manufacturing new products, so the roles and responsibilities are less effective. Sistem supervision of sharia principles that uses bank Indonesia no. 11/23/PBI/2009 about Islamic people financing bank by analyzing the suitability of product agreements with MUI fatwa. However, DPS PNM Patuh Beramal has not optimally performed supervision toward sharia products.

Analysis the Effect of Islamic Bank Service Quality (IB-SQ) and Complaint Handling Toward Satisfaction of Muslim Modern Customer’s Perception

Endah Nur Fitriyani — 2023-08-07

The main activity that must be considered by every Islamic bank is to create customer satisfaction (customer satisfaction). Satisfaction is the most important thing in every business. Islamic banks must design service quality as a whole in order to minimize the occurrence of problems or complaints, so that customer satisfaction is always created. To achieve customer satisfaction, variables are needed as a means to achieve it. The research sample this time is 100 participants using a non-probability sampling technique, distributed online via a questionnaire. The method of analysis is multiple linear regression using the SPSS Statistics 25 program. The results of the study show that the Islamic bank service quality and complaint handling variables have a positive and significant effect simultaneously on modern Muslim Islamic banking customer satisfaction. The two variables have a relatively strong level of effect shown by the coefficient of determination of 70%. Therefore, this study aims to determine how much influence Islamic bank service quality and complaint handling have on customer satisfaction from the perspective of modern Muslim customers.

Optimisation of Insurance Digital Service Information as a Marketing Strategy of Shari'ah Insurance PT. Takaful Keluarga

May Shinta Retnowati — 2023-07-25

The need for insurance services is now increasingly felt by the community; in almost all aspects, insurance is needed. The development of insurance in Indonesia still faces the problem of inadequate human resources and low public knowledge about the importance of insurance for life. The importance of certain strategies that must be pursued for the exploration and optimisation of Sharia insurance business development The method used in this study is a qualitative method with descriptive analysis. Marketing activities for sharia insurance products are carried out by marketing agents with improved services and information as a strategy to market products to the public and maintain the company's image. Insurance digital marketing strategies by technology-based insurance agents through social media, mobile applications, or websites that are able to provide practical solutions for prospective customers to choose insurance products that suit their needs Agents can provide consulting services online or through video conferencing with prospective customers and use big data technology to analyse customer behaviour

The Influence of Islamic Leadership, Islamic Work Ethic, and Religiosity On Employee Performance through Organizational Commitment as an Intervening Variable (Study On Ayam Geprek Sa'i In Semarang)

Musfirotuz Zahroh — 2023-08-07

The success of a company can be seen through the performance of employees so that companies demand their employees to work better in order to achieve the goals that have been set. This study aims to determine the effect of Islamic Leadership, Islamic Work Ethic and Religiosity on Employee Performance through Organizational Commitment conducted in the study of Ayam Geprek Sa'i Semarang. The method used in this research is quantitative with the population of Ayam Geprek Sa'i employees in the Semarang area. This sample technique is purposive sampling with a total of 60 respondents. Based on the results of the study it was found that the influence of Islamic Leadership had a positive and significant effect on Employee Performance and Organizational Commitment, Islamic Work Ethic had a positive and significant effect on Employee Performance, Religiosity had a negative and insignificant effect on Employee Performance while Islamic Leadership, Islamic Work Ethic had a negative effect and not significant with Organizational Commitment to employees. Organizational Commitment has a positive and significant effect on Employee Performance while Islamic Leadership, Islamic Work Ethic, and Organizational Commitment Religiosity are not able to mediate these variable.

Implementation and Model of Sociopreneur Governance of an ALMS Based Vegetable Program in Supporting The Sustainable Development Goals (SDG)

Fitri Nurmala — 2023-07-25

Abstract. This study aims to determine the contribution of the sociopreneur of the alms-based vegetable foster program in supporting the sustainable development goals (SDGs) and to develop a sociopreneur governance model for the alms-based vegetable care program. This study uses a qualitative method that is interview. The results of this study will better understand what contributions the alms-based vegetable foster program makes in supporting the SDGs, and can make a governance model that can be applied in the development of sociopreneur empowerment of the alms-based vegetable foster program, so that it can be used as a guide for every village that exist in the city of Jambi and in various areas in order to further develop.

Sharia Capital Market Participation: Factors Influence on Indonesian Students

Muhammad Sifaudin — 2023-08-07

The purpose of this study was to determine the effect of Islamic financial literacy and student sociodemography on Islamic capital market participation. The sample in this study were 482 student investors who were taken using a purposive sampling technique from the student population in Indonesia who filled out a data waqf survey conducted by KA-FoSSEI and FoSSEI. The analytical tool used in this study is logistic regression analysis. The results of the study found that the variables of Islamic financial literacy, gender, age, and study program had a positive and significant effect on Islamic capital market participation. Meanwhile, the university area has a negative and significant effect on Islamic capital market participation. In addition, study program variables have a dominant influence on Islamic capital market participation. Therefore, it is hoped that state and private universities will be able to open more Islamic economics study programs, so that they can contribute to increasing participation in the Islamic capital market among students.

Determining Factors Affecting MSME Financing: Efforts to Increase the Macroprudential Inclusive Financing Ratio

Ade Ponirah — 2023-07-26

MSME players are critical engines for the economy in Indonesia. Therefore, this study aims to determine the factors that influence the distribution of MSME financing in Indonesia. This quantitative research uses secondary data from Islamic banking statistics and Bank Indonesia from 2021 to 2022. The data analysis method used is a multiple linear regression analysis methods using the Eviews 12 program, then explained descriptively. The results indicated that SBIS did not significantly impact the distribution of MSME financing in Indonesia. Similarly, inflation does not have a significant impact on MSME financing. However, NPF can significantly impact the distribution of MSME financing in Indonesia. In contrast to DPK, it is not able to have a significant impact on the distribution of MSME financing in Indonesia. This study implies that collaboration from various stakeholders is needed to increase the Macroprudential Inclusive Financing Ratio (RPIM). With the improvement of PBI, RPIM requires the fulfillment of RPIM by banks and the determination of RPIM targets based on self-assessment results outlined in the bank's business plan. However, it is necessary to pay attention to economic conditions that are still unstable due to the Covid-19 pandemic.

Influence Sharia Compliance, Relational Marketing, and Service Excellent to Customer loyalty

Abdul Aziz Nugraha Pratama — 2023-08-07

This study aims for know how much influence Sharia Compliance, Relational Marketing, and Service Excellent to Customer Loyalty with Customer Satisfaction as variable Intervening at Bank Muamalat Indonesia KCP Salatiga, Indonesia. Data collection was carried out with spread questionnaire to customers as many as 97 respondents. Study This use method quantitative with technique data collection in the form of probability sampling manifold processed simple random sampling with IBM SPSS Statistics 23. Analysis techniques in the form of validity test, reliability test, assumption test classic, statistical test, and path analysis test. Based on T-test test results obtained that sharia compliance influential positive and no significant to customer loyalty, Relational Marketing influential positive and significant to customer loyaltys, Service Excellent influential negative and no significant to customer loyalty. In the Path Analysis test show that Customer Satisfactions capable mediate influence Relational Marketing to loyalty, however No capable mediate influence sharia compliance to Customer Loyaltyand not mediate Service Excellent to customer loyalty

Analysis and Prediction of Bank Syariah Indonesia Stock (BRIS) with Monte Carlo in Covid-19 Pandemic and Post Pandemic

Siti Nur Khasanah — 2023-07-26

The purpose of this study was to analyze risk and prediction of the effect of Bank Syariah Indonesia Stock (BRIS) in Covid-19 and post pandemic. he population of this study is Islamic Banks in Indonesia in 2012-2017 are 13 BUS. The selection of samples in this study using purposive sampling method and selected 8 banks. The data was analyzed using multiple linear regression analysis, path analysis, and sobel test. he results showed that the number of DPS supervision days has a positive effect on the Sharia financial performance, multiple positions of DPS have a positive effect on profit sharing financing. The profit sharing financing is not able to mediate the relationship of the characteristics of the Sharia Supervisory Board to the Sharia financial performance.  Islamic Commercial Banks in Indonesia suggest to improve the financial performance in accordance with sharia principles. This research is the first study that used intervening variable profit sharing financing.

The Urgency of Blue and Green Economy, Internalization, and Infrastructure, In The SDGS

Mir'atul Hayati — 2023-08-07

This study aims to determine the Effect of Green And Blue Economy Perspective of Maqosid Syariah, Internalization of the Environment, Economic Infrastructure on Sustainable Economic Development in Banyubiru District with Exploitation of Nature as a Moderating Variable (Study of Banyubiru Nature Tourism Village). This type of research is quantitative research with a population of traders in Banyubiru sub-district. The data obtained was then processed using tools and then processed using the help of IBM SPSS 21. The results obtained from this study explain that the results of testing this research show that: green and blue economy from the perspective of maqosid Syariah has a positive and significant influence on the economy sustainable, environmental internalization has a positive and significant effect on a sustainable economy, infrastructure has a positive and significant effect on a sustainable economy.

The Role of Environmental, Sosial, and Government (ESG) Reporting and Cost Efficiency in Increasing Firm Value

Afifa Madinda Kirani — 2023-07-26

The issue of Sustainable Development Goals (SDGs) is becoming an important concern for companies because they are closely related to firm values. One of the frequently used parameters is the Environmental, Social and Governance (ESG) Reporting. ESG Reporting is one of the efforts to gain competitive advantage, operational efficiency, and the formation of firm value. The purpose of this study is to analyze the effect of ESG Reporting on firm value which is moderated by the Cost Efficiency variable. The objects used in this study are companies in Indonesia that are listed in Thomson Reuters Assets for the 2017-2021 period. Based on this population, 60 companies were selected as research samples. The number of observations used was 219 observations. This study uses a multiple linear analysis model of panel data with Eviews 12 software. The results of this study indicate that there is a significant positive effect between the projected ESG Reporting variable with Assets Thomson Reuters' Environmental, Social, and Governance score data and projected firm value with Tobin’s Q. Moreover, the Cost Efficiency variable can only moderate the relationship between Social Performance Reporting variables and firm value

Improvement of Mustahik's Welfare through Productive Zakat and Mentoring Role; Micro Business Growth as a Mediation Variable

David Andrean — 2023-08-07

This study aims to determine the effect of productive zakat and the role of mentoring on the welfare of mustahik through micro business growth as a mediating variable. The method used in this research is a quantitative research using a questionnaire data collection technique. The data analysis technique used is PLS (Partial Least Square). The sample used is productive zakat aid recipients or mustahik from BAZNAS Salatiga of 100 mustahik. The results of the study show that productive zakat and micro business growth have a significant positive effect on mustahik welfare, while the mentoring role has no effect on mustahik welfare. Then productive zakat and the role of mentoring have an influence on the growth of micro businesses. Micro business growth as a mediating variable also has an influence in mediating productive zakat and the role of mentoring for mustahik welfare.

Analysis of Factors Affecting The Quality of Local Government Financial Reports (Study on Wonogiri Regency Regional Apparatus Organization)

Anim Rahmayati — 2023-07-26

This study aims to examine the effect of human resource capacity, application of government accounting standards, utilization of information technology, internal control systems, and local financial supervision on the quality of local government financial reports. This research is quantitative with primary data sources in the form of questionnaires. The population includes all employees in 25 Regional Apparatus Organizations (OPD) of Wonogiri Regency. The sampling technique used purposive sampling so that a sample of 80 OPD employees was obtained. The data analysis technique used is Multiple Linear Regression Analysis. The results of this study indicate that human resource capacity, application of government accounting standards, utilization of information technology, internal control systems, and local financial supervision have a positive effect on the quality of local government financial reports.

Increasing Customer's Saving Interest Through the Marketing Mix

Ari Dhoni — 2023-08-07

This research is motivated by the rapid development of Islamic banks in each region. This research is motivated by the rapid development of Islamic banks in each region. Semarang is one of the areas where Islamic banks are developing. This study aims to determine the effect of the marketing mix on saving interest with religiosity as a moderating variable (case study at BRI Syariah KC Semarang). This study uses quantitative methods and data collection is done through a questionnaire. Samples were taken as many as 100 respondents with purposive sampling technique. The data obtained were then processed using the IBM SPSS 25 tool. This analysis includes validity tests, reliability tests, statistical tests, classical assumption tests and Moderated Regression Analysis (MRA) tests. Based on the results of the T-test which showed that the product, religiosity and promotion variables had a positive and significant effect on saving interest. Meanwhile, price and location have a negative and significant effect on interest in saving. The variable of religiosity moderating product, price, location has a positive and significant effect on interest in saving. Religiosity moderating promotion has a negative and significant effect on interest in saving.

Analysis Of Factors Affecting Economic Growth In East Java

Yeni Kusumawati — 2023-08-07

This research is motivated by one of the regional government movements regarding decentralization or regional autonomy which is the government's desire so that each region can carry out autonomy independently. The purpose of this study was to determine the relationship between Fiscal Decentralization, Regional Original Income, Regional Financial Performance, General Allocation Funds on Economic Growth in Regencies/Cities in East Java Province. This research uses a quantitative approach with associative research type. The research data used is secondary data with a sample of 38 regencies/cities in East Java. The analysis technique used is panel data regression using Eviews 9 and Microsoft Excel. The results of the study can be concluded that local revenue has a significant positive effect on economic growth and regional financial performance has a significant negative effect on economic growth. Meanwhile, fiscal decentralization and general allocation funds have no effect on economic growth. Simultaneously fiscal decentralization, local revenue, regional financial performance, and general allocation funds have a joint effect on economic growth. The results of the research conducted can be used as a reference in analyzing economic growth in East Java by using the independent variables of fiscal decentralization, local revenue, regional financial performance, and general allocation funds.

Good Corporate Governance, Islamic Social Reporting, Growth Opportunity and Firm Value: The Mediating Role of Financial Performance

Silvia Nur Azizah — 2023-08-07

This study aims to determine the Effect of Good Corporate Governance, Islamic Social Reporting, and Growth Opportunity on Company Value with Financial Performance as Intervening Variables in JII 70 Companies for the 2019-2022 period. This research is a type of quantitative research with secondary data in the form of panel data. Sampling technique using purposive sampling technique. The sample used was 14 companies registered on JII 70 for the 2019-2022 period. The analytical method used is descriptive statistical test, stasionarity test, F test, T test, R2 test, path analysis and Sobel test. The results of the study show that (1) Good Corporate Governance has a positive and significant effect on company value. (2) Islamic Social Reporting has a positive and significant effect on firm value. (3) Growth Opportunity has no effect on firm value. Financial performance has no effect on firm value. (5) Financial performance is able to mediate the effect of Growth Opportunity on firm value. (6) Financial performance cannot mediate the influence of Good Corporate Governance, Islamic Social Reporting on firm value.

Comparing Credit Procyclicality in Conventional and Islamic Rural Bank: Evidence from Indonesia

Ali Hardana — 2023-07-26

The procyclicality of loan expansion is one of several factors that have contributed to financial instability. Numerous empirical studies conducted in developed nations have demonstrated that financial crises always follow periods of excessive credit during economic booms. Since small and medium-sized businesses still dominate the economy in Indonesia, Islamic and conventional rural banks play a significant role in the provision of debt. This study compares conventional and Islamic rural banks in Indonesia, both of which are classified as pro-cyclical, in order to investigate the pro-cyclicality of the loan funneled through small and medium-sized enterprises. The procyclicality derived from rural bank indicator variables may have an impact on the real sector, and this study uses the Autoregressive Distributed Lag (ARDL) model and a frequency-based filter to construct the credit/financing cycle created by credit growth from both conventional and Islamic rural banks. The findings of this study suggest that both conventional and Islamic rural credit institutions do not closely track economic growth in the short run. Accordingly, procyclicality in Islam and the wider world does not behave in the short run. In contrast, conventional rural banks tend to be more procyclical than Islamic rural banks over the long term, particularly when the economy has expanded. Islamic rural banks exhibit countercyclical behavior in both the short and long terms compared to conventional banks from a capital perspective. Additionally, whereas Islamic rural banks are favorably impacted by credit risk, conventional rural banks have an adverse reaction to the rise in credit risk due to their bad loans. Finally, the outcomes of the frequency-based filter indicate that, in response to shifting economic situations, the cycles of credit provided by conventional rural banks and finance provided by Islamic rural banks are distinct.

Analysis of the Effect of Zakat, Investment and Salary Wages on Community Welfare in Central Java Province in 2017-2021 with Economic Growth as a Moderating Variable

Silatul Muftin — 2023-08-07

Abstract. This study aims to determine the effect of zakat, investment, and salary wages on people's welfare with economic growth as a moderating variable with the type of data used is secondary data in the form of panel data. This research is a quantitative study where the data is obtained from government websites and processed with eviews 10. The results of the study concluded that zakat did not have a significant effect on the level of community welfare. Investment and Wages Salary has a significant positive effect on the level of community welfare. Economic growth is able to moderate the effect of zakat on the level of public welfare. Economic growth is unable to moderate the effect of investment on the level of public welfare. Economic growth is able to moderate the effect of salary on the level of public welfare.

The Effect of Carbon Emission Disclosure, Environmental Performance, and Green Accounting on Firm Value at Manufacturing Companies Listed on The Indonesia Stock Exchange

Ria Anisatus Sholihah — 2023-07-26

Firm value is one indicator of investors in assessing the merits of management when managing a company. The good of a company can be seen from its operational activities that have a good environmental impact or not. The amount of environmental pollution caused by company activities shows that there are still companies that are indifferent and ignore the importance of protecting the environment. This study examines and analyzes the effect of disclosure of carbon emissions, environmental performance, and green accounting on firm value in mining sector manufacturing companies listed on the Indonesia Stock Exchange. This research is quantitative research obtained using secondary data. The number of samples in this study was 51 samples consisting of 17 companies with an observation period of 3 years (2019-2021). The sample selection used the purposive sampling method. The data in this study belong to the panel data category which consists of time series and cross-section data and uses Econometric Views (E-Views) version 10 as a test tool. The results of this study indicate that disclosure of carbon emissions and environmental performance has an influence on firm value. While green accounting has no effect on firm value.

The Disclosure of Economics Disclosure Index: Study Case of Indonesian Sharia Comercial Banks

Ana Putri Agusti — 2023-08-07

This study aims to determine the influence of the Board of Directors, Board of Commissioners, and Sharia supervisory board on the economics disclosure index with profitability as an intervening variable. The sample data used in this study are 2 Islamic banks registered with Islamic Commercial Banks from 2018 to 2022. One data collection method is accessed by accessing annual reports published by each company on their respective websites. The data obtained is then processed using the E-views analysis tool. They use a quantitative system through panel data regression analysis using the common effect and random effect methods in the analysis. The results of this study indicate that the Board of Directors variables do not affect EcDI. The Board of Commissioners has no significant negative influence on EcDI. The Sharia Supervisory Board has a significant positive influence on EcDI.

IMPROVING FINANCIAL PERFORMANCE MEDIATES COMPANY VALUE IN GREEN ACCOUNTING AND CORPORATE SOCIAL RESPONSIBILITY

Indri Yani — 2024-01-05

This study aims to identify and analyze the effect of green accounting and corporate social responsibility on company value and financial performance as an intervening variable in companies with the Jakarta Islamic Index 70 (JII 70) for the period 2019 – 2021. This type of research is quantitative with secondary data in the form of panel data. The data collection technique uses purposive sampling . The sample used was 22 companies registered on JII 70 for the 2019-2021 period. Data obtained from the company's Annual Report accessed through the website www.idx.co.id. The analytical method used is descriptive test, stationarity test, classic assumption test, F test, T test, R2 test ^,Sobel test and Path Analysis test . The results of this study indicate that the green accounting variable , financial performance has a significant positive effect on firm value, the corporate social responsibility variable has a significant negative effect on firm value. Based on the Sobel test and path analysis test , it shows that financial performance variables cannot mediate the effect of green accounting and corporate social responsibility on firm value.

Halal is Green: The Synergy of Sustainability and Islamic Principles

A'rasy Fahrullah — 2024-01-05

This article aims to explore the concept of "Halal is Green" and how it encapsulates the synergy between Islamic principles and environmentally-friendly practices. The study will utilize a methods approach to gather comprehensive data and insights. The research will involve qualitative methods to examine the perception of sustainability within the halal industry and the alignment of Islamic principles with sustainable practices. The Result divided into chapters discussing: The Holistic Approach of Halal, Halal Food and Sustainable Agriculture, Ethical Supply Chains and Fair Trade, Waste Reduction and Resource Efficiency, and also Renewable Energy and Green Technologies. In conclusion, the "Halal is Green" concept highlights the potential for Islamic principles and sustainable practices to work hand in hand. By embracing halal guidelines, individuals, businesses, and societies can actively contribute to environmental protection, social justice, and a sustainable future. This holistic approach promotes responsible consumption, fosters ethical business practices, and encourages collaboration towards a more environmentally conscious and inclusive world.

Analysis of the Causal Relationship between Bitcoin and Hard Currency

Hayet Hayet — 2024-01-05

Bitcoin is one of the most popular and highest-volume Cryptocurrency transactions in the world. Bitcoin is not only used as a payment instrument but also as an investment medium across countries. The openness of trade and integration of financial systems between countries will affect the demand and supply of the world's strong currencies (hard currencies) such as the Dollar, Pound sterling, Euro, Yen, and Yuan. The purpose of this study is to test the two-way causal relationship between Bitcoin and hard currency. This research uses a descriptive quantitative approach. The analysis method was used to determine the relationship between variables through the Johansen cointegration test, causality test with Engel Granger test, and Vector Error Correction Models (VECM). The results of this study indicate that Bitcoin has a long-term equilibrium relationship with the Dollar, Pound sterling, Euro, Yen, and Yuan currencies. However, there is no causality or feedback relationship between Bitcoin and hard currency and vice versa.

Two decades of empowerment through microfinance in the face of global uncertainty from Muslim Countries

M Qoshid Al Hadi — 2024-01-05

The idea of empowerment has influenced the minds of many people in the last few decades. Empowerment is seen by politicians and social activists as an effective answer to the problems of oppression, exploitation, injustice, and disease that plague society. This premise places empowerment as an important factor in efforts to solve existing social problems. Several previous studies on empowerment have examined how empowerment functions to solve the problems of poverty, underdeveloped communities, the role of women and various problems in the social sphere. However, there is no systematic literature review that can help review the extent to which empowerment has developed, especially in muslim countries. Meanwhile, this study aims to review the study of empowerment and microfinance institutions as an effort to find opportunities for field studies in the future. Using a systematic literature review, it will be able to compile theoretical and empirical studies that are published in reputable journals. The results of this study are expected to provide a scientific contribution in the field of economics. In addition, the results of this study are also useful for microfinance institutions to consider their empowerment performance. This consideration is needed to help formulate policies related to the development of empowerment programs.

Explorational Study of Budgetary Slack Behavior in Sharia Financing Saving and Loan Cooperatives

Frida Fanani Rohma — 2024-01-05

Budgetary slack is a dysfunctional behavior that occurs during the budgeting mechanism. Interestingly, the occurrence of budgetary slack dysfunctional behavior also has the potential to occur in Sharia-based organizations. This research was conducted using qualitative methods and a case study approach to one of the 'ABC' Sharia Financing Savings and Loans Cooperatives. The findings in the field show that there is an indication of information asymmetry between the subsidiary and the parent company which can cause potential budgetary slack. However, the actors consider this activity not as dysfunctional behavior because they view the context of information differences as an employment strategy to be able to avoid increasing targets from the head office which will put pressure on employees in the next period. Information asymmetry that occurs in the long term can potentially lead to a misalignment of objectives and cause monetary losses to the organization.

The Role of Social Media Marketing and Affinity Marketing in Shaping Intentions to Use BSI Mobile Banking in The Digital Era

Khoirun Nissa Afina, UIN Salatiga — 2024-01-05

This paper investigates the factors influencing customer intentions using BSI Mobile Banking at Bank Syariah Indonesia. This paper examines the impact of social media marketing and affinity marketing on the intention to use mobile banking. The sample data used in this study were 100 respondents from Salatiga City. Multiple linear regression analysis was used to test the significance of the effect of the independent variables on the dependent variable. The test results using the IBM SPSS 25 software show that social media marketing and affinity marketing positively and significantly affect the intention to use mobile banking. Islamic banking managers can predict customer behavior through this paper. For academics, this paper can be used for further research by integrating social media marketing and affinity marketing as digital predictors of customer behavior. Empirically this research helps improve the understanding of marketing strategies between Islamic banking and customers through the provision of new technology.

Halal Fashion in Marketplace: The Case Study of TikTok Platform

Siti Nur Qolifah — 2024-01-05

Study This aims To influence content marketing, free promo send, and e-service quality to interest buy product fashion Muslims on the application TikTok with e- wom as variable moderation (empirical study user tiktok generation z Muslim. Methods of data collection carried out through distributed questionnaires _ to society Generation Z. The sample was taken from as many as 150 respondents with a purposive sampling technique. Obtained data were then processed with the use tool SPSS version 25. The data analysis tool used is a multiple linear regression technique. Analysis This includes the validity test, KMO test, reliability test, statistical test, coefficient test determination (R²), F test, T-test, assumption test classic, and MRA test. Research results show that based on partial test variable content marketing, free promo send, and e-service quality matters positively and significantly to interest buy product fashion Muslims on the application tik tok. MRA test shows that variable E-WOM cannot moderate influence between variable content marketing, free promo send, e-service quality influential in a manner positive and significant to interest in buying the product fashion Muslims on the application tiktok.

An Understanding Technostress Toward Job Performance in Digital Working Era

Endah Nur Fitriyani — 2024-01-05

The dynamic development of the digital world has changed various aspects of human life, one of which is the use of digitizing work. Since 2020 employees have been forced to use technology and remote work platforms as a result of the COVID-19 pandemic. Employees must be able to keep up with technological changes quickly. The demands of this change will cause employees to experience increased technostress. The increase in technostress will ultimately reduce employee performance. This research was conducted on 63 tax employees who in the implementation of their work are very dependent on technology. The results showed that techno-overload and techno-uncertainty had a significant negative impact on performance, while techno-invasion, techno-complexity, and techno insecurity based on testing had no effect on employee performance.