Jurnal Ekonomi Syariah Teori dan Terapan最新文献

{"title":"Does Profitability, Liquidity, Leverage, and Productivity Affect Sukuk Ratings? Evidence from Islamic Banks in Indonesia","authors":"Sutriawati Sutriawati, Annisa Fithria","doi":"10.20473/vol10iss20236pp632-642","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp632-642","url":null,"abstract":"ABSTRACT This study aimed to evaluate the impact of profitability, liquidity, leverage, and productivity on Sukuk ratings within the banking sector. The study focused on Islamic Commercial Banks and Islamic Business Units in Indonesia. A purposive sampling technique was employed to select a dataset of 80 observations from Islamic Commercial Banks and Islamic Business Units rated by PT. PEFINDO between 2015 and 2019. Secondary data for the study were gathered from financial reports on the official websites of the mentioned entities and Sukuk or bond ratings issued by PT. PEFINDO, accessible through its website. The analysis utilized multiple regression analysis. The research findings indicate that profitability, liquidity, and leverage negatively impact Sukuk ratings, whereas productivity does not show a significant influence. This study contributed a distinctive approach to comprehending Sukuk ratings by thoroughly analyzing four crucial independent variables, emphasizing the Indonesian banking sector. However, the study's generalizability is limited due to its restricted timeframe and reliance on secondary data. Keywords: Profitability, Liquidity, Leverage, Productivity, Sukuk Rating   ABSTRAK Penelitian ini bertujuan untuk mengevaluasi dampak profitabilitas, likuiditas, leverage, dan produktivitas terhadap peringkat Sukuk dalam sektor perbankan, khusunya pada Bank Umum Syariah dan Unit Usaha Syariah di Indonesia. Teknik purposive sampling digunakan untuk memilih kumpulan data sebanyak 80 observasi dari Bank Umum Syariah dan Unit Usaha Syariah yang dinilai oleh PT. PEFINDO antara tahun 2015 dan 2019. Data sekunder untuk penelitian ini dikumpulkan dari laporan keuangan yang tersedia di situs resmi entitas yang disebutkan dan peringkat Sukuk atau obligasi yang dikeluarkan oleh PT. PEFINDO, yang dapat diakses melalui situs webnya. Analisis menggunakan analisis regresi berganda. Temuan penelitian menunjukkan bahwa profitabilitas, likuiditas, dan leverage berdampak negatif pada peringkat Sukuk, sementara produktivitas tidak menunjukkan pengaruh yang signifikan. Penelitian ini memberikan pendekatan yang khas dalam memahami peringkat Sukuk dengan menganalisis secara menyeluruh empat variabel independen penting, dengan menekankan sektor perbankan Indonesia. Namun, generalisabilitas penelitian ini terbatas karena batasan waktu yang terbatas dan ketergantungan pada data sekunder. Kata Kunci: Profitabilitas, Likuiditas, Leverage, Produktivitas, Peringkat Sukuk","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"544 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139204653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Trends of Halal Industry Research: A Bibliometric Analysis","authors":"Ayu Safitri, Mukhamad Yazid Afandi","doi":"10.20473/vol10iss20236pp605-619","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp605-619","url":null,"abstract":"ABSTRACT The halal industry provides great opportunities for the provision of goods and services, both domestically and internationally, in the future. The halal industry is one of the topics discussed in several scientific forums. The aim of this research was to discuss the development of research trends in the halal industry over a period of 27 years. This research used bibliometric analysis methods to examine in more depth scientific works and literature that discuss the halal industry in order to study the concept and its development from year to year. Data was collected through searching for articles indexed by Scopus with the acquisition of 960 documents related to the halal industry published between 1997-2023. Data were analyzed using VOSviewer software into three categories, namely network visualization, overlay visualization, and density visualization. The findings show that publications regarding the halal industry have increased significantly. Halal industry research trends based on the author show that Ali, M.H. is the most productive author. The development of halal industry research trends based on keywords shows that halal is the most frequently used keyword, followed by the keywords halal industry, halal tourism, halal food, and Malaysia. Malaysia is the country that has contributed the most to halal industry research. Keywords: Halal, Halal Industry, Bibliometric, Scopus   ABSTRAK Industri halal memberikan peluang besar bagi penyediaan barang dan jasa, baik domestik maupun internasional, di masa depan. Industri halal menjadi salah satu topik yang dibahas di beberapa forum ilmiah. Tujuan dari penelitian ini adalah untuk membahas perkembangan tren penelitian pada industri halal dalam kurun waktu 27 tahun. Menggunakan metode analisis bibliometrik untuk mengkaji lebih mendalam karya-karya ilmiah dan literatur tentang industri halal guna mempelajari konsep serta perkembangannya. Data dikumpulkan melalui pencarian artikel yang terindeks oleh Scopus dengan perolehan sebanyak 960 dokumen yang diterbitkan antara tahun 1997-2023. Data dianalisis dengan menggunakan software VOSviewer ke dalam tiga kategori yaitu network visualization, overlay visualization dan density visualization. Hasil penelitian menunjukkan bahwa publikasi mengenai industri halal mengalami peningkatan yang signifikan. Tren penelitian industri halal berdasarkan penulis menunjukkan bahwa Ali, M.H. merupakan penulis yang paling produktif. Perkembangan tren penelitian industri halal berdasarkan kata kunci menunjukkan bahwa halal merupakan kata kunci yang paling banyak digunakan, diikuti kata kunci halal industri, halal tourisme, halal food, dan Malaysia. Malaysia merupakan negara yang paling banyak berkontribusi dalam penelitian industri halal. Keywords: Halal, Industri Halal, Bibliometrik, Scopus","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"40 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139200122","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Stock Market Reaction to The Announcement of 2022 Fuel Price Increase on JII-30","authors":"Muhammad Wafa Zidniilman, V. Devia","doi":"10.20473/vol10iss20236pp592-604","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp592-604","url":null,"abstract":"ABSTRACT The growth of investors in the capital market always increases every year. The growth of investors in the capital market based on the Indonesian Central Securities Depository (KSEI) increased by 15.96% in 2022. As an investor, of course, the role of information is taken into account in making investments. The announcement of the fuel price increase is one of the available information and can be used as a reference in determining investment decisions. This study aims to determine the response of Jakarta Islamic Index 30 (JII-30) investors to the price increase (BBM) by observing the difference in abnormal returns and trading volume activity before and after the announcement of the 2022 fuel price increase. This research is quantitative and uses the event study method. Based on the research obtained results that between before and after the event occurred, abnormal returns and Trading Volume Activity (TVA) there was no significant difference influenced by the increase in fuel prices. This shows that there is no investor response to the announcements of the fuel price increase. Investors can be wiser and more careful in responding to announcement information and making decisions that will be applied in investing and investors can sort out in advance related announcements and issues as a consideration before making decisions in investing. Keywords: Abnormal Return, Stock Liquidity, Trading Volume Activity, Event Study.   ABSTRAK Pertumbuhan investor di pasar modal selalu meningkat dalam setiap tahunnya. Pertumbuhan investor di pasar modal berdasarkan Kustodian Sentral Efek Indonesia (KSEI) meningkat sebesar 15,96% di tahun 2022. Sebagai seorang investor, tentunya peran informasi adalah salah satu yang diperhitungkan dalam melakukan investasi. Pemberitaan kenaikan harga BBM merupakan salah satu informasi yang tersedia dan dapat dijadikan acuan dalam menentukan keputusan dalam berinvestasi. Penelitian ini bertujuan untuk mengetahui respon investor Jakarta Islamic Index 30 (JII-30) pada kenaikan harga (BBM) melalui pengamatan terhadap perbedaan abnormal return dan juga trading volume activity antara sebelum dan sesudah pemberitaan kenaikan harga Bahan Bakar Minyak (BBM) 2022. Penelitian ini merupakan penelitian kuantitatif dan mengunakan metode event study. Berdasarkan penelitian diperoleh hasil bahwa antara sebelum dan setelah event terjadi, abnormal return dan Trading Volume Activity (TVA) tidak terdapat perbedaan signifikan yang dipengaruhi oleh kenaikan harga BBM. Hal tersebut menunjukan tidak adanya respon investor terhadap pemberitaan kenaikan harga BBM. Investor dapat lebih bijak dan cermat dalam menyikapi pemberitaan informasi dan mengambil keputusan yang akan diterapkan dalam berinvestasi serta investor dapat memilah terlebih dahulu terkait berita dan isu sebagai pertimbangan sebelum mengambil keputusan dalam berinvestasi. Kata Kunci: Abnormal Return, Likuiditas Saham, Volume Aktivitas Perdagangan, Event Study.","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"12 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139209078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Investigating Netizen Sentiment Toward Halal Certification in Indonesia Using Machine Learning","authors":"Yan Putra Timur, R. Ratnasari, A. A. Pitchay, Usman Jamilu","doi":"10.20473/vol10iss20236pp525-540","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp525-540","url":null,"abstract":"ABSTRACT This study examined the most discussed halal certification terms and topics on Indonesian Twitter. This study also explored the sentiments and opinions of Indonesian netizens on halal certification. This analysis uses Twitter tweets from April 10 to 24, 2023. A quantitative method was used by using Orange Data Mining. Researchers used the keywords \"Sertifikasi Halal\", \"Label Halal\" and \"Halal MUI\" to obtain 1,000 tweets. The results of the study show that the tweets with the highest number of likes and retweets discuss the ease of obtaining Halal certification, which is guaranteed by the Cipta Kerja Law. In addition, the words \"halal\", \"certification\", and \"MUI\" are the most frequently used words in Twitter conversations. The most discussed topics by netizens about halal certification include \"halal\", \"certification\", \"food\", \"MUI\", \"product\", \"sucofindo\", \"permit\", and \"safe\".  Twitter is dominated by tweets with neutral sentiments shown by joy emotions, as much as 68.22% of the total tweets. Keywords: Halal certification, sentiment analysis, Twitter, Machine learning, Orange data mining   ABSTRAK Penelitian ini bertujuan untuk menemukan kata-kata dan topik yang paling banyak dibicarakan tentang sertifikasi halal di Twitter Indonesia. Serta untuk menemukan sentimen dan emosi netizen Indonesia tentang sertifikasi halal. Data penelitian ini berasal dari tweet Twitter yang diambil dari 10 April 2023 hingga 24 April 2023. Metode kualitatif dilakukan dengan bantuan Orange Data Mining. Peneliti menggunakan kata kunci “Sertifikasi Halal”, “Label Halal”, dan “Halal MUI” untuk mendapatkan 1.000 tweet. Hasil penelitian menunjukkan bahwa tweet yang memiliki jumlah like dan retweet terbanyak membahas tentang kemudahan perizinan sertifikasi halal yang dijamin dalam UU Cipta Kerja. Selain itu, kata \"Halal\", \"Sertifikasi\", dan \"MUI\" merupakan kata yang paling sering muncul dalam percakapan di Twitter. Topik yang paling banyak diperbincangkan oleh warganet mengenai sertifikasi halal antara lain topik \"halal\", \"sertifikasi\", \"makanan\", \"MUI\", \"produk\", \"sucofindo\", \"izin\", dan \"aman\".  Twitter didominasi oleh tweet dengan sentimen netral yang ditunjukkan dengan emosi kegembiraan sebanyak 68,22% dari total tweet. Kata Kunci: Sertifikasi Halal, Sentiment Analisis, Twitter, Machine Learning, Orange Data Mining","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"145 20","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139196922","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Intimacy with Muzakki in Increasing Trust, Commitment and Loyalty to Increase ZISWAF Fund at Zakah Institutions","authors":"Mochammad Soleh, Yasinta Suci Linggasari","doi":"10.20473/vol10iss20236pp643-655","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp643-655","url":null,"abstract":"Abstract This study aims to determine the effect of the intimacy of zakat institutions with muzakki in order to gain trust, commitment and loyalty in order to encourage an increase in charitable funds, namely Zakat, Infaq and Sadaqah (ZIS). This study uses a quantitative approach through the Partial Least Square (PLS) method on 132 muzakki permanent members of zakat institutions using the variables of familiarity, trust, commitment, and loyalty. The results of this study note that the closeness of the relational relationship between zakat institution officials and muzakki as assessed from the familiarity factor in general has a positive relationship with the emergence of trust and commitment which in turn fosters muzakki's loyalty to the zakat institution they choose; However, this closeness does not significantly influence the emergence of trust, commitment and loyalty. One of the reasons for this to happen is that the public still has high distrust of zakat institutions, so it is very important for zakat institutions to start using a professional and responsible management pattern and have the support of all people. Keyword: Intimacy, Trust, Commitment, and Loyalty   Abstrak Penelitian ini bertujuan untuk mengetahui pengaruh keakraban lembaga zakat dengan muzakki guna mendapatkan kepercayaan, komitmen dan loyalitas agar mendorong peningkatan dana amal yaitu Zakat, Infaq dan Shadaqah (ZIS). Penelitian ini menggunakan pendekatan kuantitatif melalui metode Partial Least Square (PLS) pada 132 muzakki anggota tetap lembaga zakat dengan menggunakan variable keakraban , kepercayaan, komitmen, dan loyalitas. Hasil penelitian ini diketahui bahwa keeratan hubungan relasional antara petugas lembaga zakat dan muzakki yang dinilai dari faktor keakraban secara umum memiliki hubungan yang positif dengan timbulnya kepercayaan dan komitmen yang pada akhirnya menumbuhkan loyalitas muzakki pada lembaga zakat yang mereka pilih; akan tetapi keeratan tersebut tidak berpengaruh secara signifikan terhadap munculnya kepercayaan, komitmen dan loyalitas. Salah satu sebab hal tersebut terjadi adalah masih tingginya ketidakpercayaan masyarakat terhadap lembaga zakat sehingga sangat penting bagi lembaga zakat untuk mulai menggunakan pola manajemen yang profesional dan bertanggung jawab serta mendapat dukungan dari semua umat. Kata Kunci: Keakraban, Kepercayaan, Komitmen, dan Loyalitas","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"242 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139203645","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Factors Affecting Muslim Fashion Products and Lifestyle Purchasing Decisions as Moderation","authors":"Nurchalisa Putri, S. M. Hanafi","doi":"10.20473/vol10iss20236pp571-591","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp571-591","url":null,"abstract":"ABSTRACT This research aimed to identify factors that influence consumer purchasing decisions for Muslim fashion products which are moderated by lifestyle variables. A quantitative method with purposive sampling method was used in this research and the total respondents were 280. This study used SEM-PLS to analyze the data by using the SmartPLS 3.0 program as an estimation tool. The results of this research show that the variables product design, brand image, and price have a positive and significant effect on purchasing decisions for Muslim fashion products. Meanwhile, product quality and social media have no effect on purchasing decisions on Muslim fashion products. Brand image variable exerts a positive and significant impact on purchasing decisions through lifestyle. However, lifestyle does not enhance the influence of design, price, quality, and social media on consumer purchasing decisions for Muslim fashion products. Keywords: Lifestyle, Purchase Decision, Muslim Fashion   ABSTRAK Penelitian ini bertujuan untuk mengidentifikasi faktor-faktor yang mempengaruhi keputusan pembelian konsumen terhadap produk fashion muslim yang dimoderasi oleh variabel gaya hidup. Metode kuantitatif dengan teknik pengambilan sampel purposive sampling dan berjumlah 280 responden. Penelitian ini menggunakan SEM-PLS untuk menganalisis data dengan menggunakan program SmartPLS 3.0 sebagai alat estimasi. Hasil penelitian menunjukkan bahwa variabel desain produk, citra merek dan harga berpengaruh positif dan signifikan terhadap keputusan pembelian produk fashion muslim. Sedangkan kualitas produk dan media sosial tidak berpengaruh terhadap keputusan pembelian produk fashion muslim. Variabel citra merek berpengaruh positif dan signifikan terhadap keputusan pembelian melalui gaya hidup. Namun gaya hidup tidak memperkuat pengaruh desain, harga, kualitas dan media sosial terhadap keputusan pembelian konsumen produk fashion muslim. Hal ini mengindikasiakan bahwa produsen fashion muslim perlu meningkatkan promosi yang kreatif di media sosial agar lebih berpengaruh terhadap keputusan pembelian konsumen. Kata Kunci: Gaya Hidup, Keputusan Pembelian, Fashion Muslim.","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"10 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139196697","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Uncovering Halal Label Food Purchase Intention Behavior in Indonesia: A Twitter Analytics and SEM-Based Investigation","authors":"Nadia Nurul Izza, Nashr Akbar","doi":"10.20473/vol10iss20236pp551-570","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp551-570","url":null,"abstract":"ABSTRACT This study examined the factors that influence the intention to buy food labeled halal among Muslim consumers in Indonesia using mixed methods, this research used qualitative analysis by identifying trending topics related to 2.665 conversations on halal labels on Twitter in Indonesia using Drone Emprit Academic (DEA) and NVivo 12 Plus to uncover the underlying perception. A quantitative hypothesis was then developed based on the qualitative investigation and the adoption literature. Survey data was collected from 407 Muslim consumers in Indonesia using SEM-PLS. The results showed that the variables halal labeled food intention, halal labeled food safety, and halal labeled food knowledge showed a significant and positive influence on the intention to buy halal labeled food and repeat purchases of halal labeled food. This shows increasing consumer awareness about product halalness, health, and perceived value, which in turn encourages consumer interest to buy food products labeled halal. Keywords: purchase intention; halal-labelled food; mixed-methods   ABSTRAK Penelitian ini mengkaji faktor-faktor yang memengaruhi minat beli makanan berlabel halal di kalangan konsumen muslim di Indonesia dengan menggunakan metode campuran. analisis kualitatif dengan mengidentifikasi trending topik terkait 2.665 percakapan label halal di Twitter menggunakan Drone Emprit Academic (DEA) dan NVivo 12 Plus untuk mengungkap persepsi yang mendasarinya. Hipotesis kuantitatif kemudian dikembangkan berdasarkan penyelidikan kualitatif dan literatur adopsi. Data survei dikumpulkan dari 407 konsumen muslim dan dianalisis menggunakan pendekatan SEM-PLS. Hasilnya variabel niat makanan berlabel halal, keamanan makanan berlabel halal, dan pengetahuan makanan berlabel halal menunjukkan pengaruh yang signifikan dan positif terhadap niat beli makanan berlabel halal dan pengulangan pembelian makanan berlabel halal. Hal ini menunjukkan meningkatnya kesadaran konsumen tentang kehalalan produk, kesehatan, dan nilai yang dirasakan, yang selanjutnya mendorong minat konsumen untuk membeli produk makanan berlabel halal. Kata Kunci: niat beli; makanan berlabel halal; mixed methods","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"261 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139202928","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Effect of Stability and Funding Risk on Shariah Rural Bank's Profitability","authors":"Dyah Widhowaty Eko Purnomo Putri, Agus Widarjono","doi":"10.20473/vol10iss20236pp620-631","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp620-631","url":null,"abstract":"ABSTRACT This study examined the effect of stability and funding risk, as well as bank-specific factors and macroeconomic variables, on Shariah Rural Bank's margin. We investigated 83 Shariah Rural Banks (SRBs) on the island of Java from 2017 to 2021 with quarterly data. We employed the dynamic panel data regression with the two-step system GMM method. Our study also splits SRBs into large and small SRBs. Our findings show that the stability and funding risk positively influence the margin. The CAR positively influences the margin but assets, CIR, and NPF are negatively associated with the margin. However, stability and funding risk can increase margin only for large SRBs. Our results imply that SRBs should increase their equity and mobilize their third party to improve their margin. In addition, SRBs should improve their operating efficiency and manage low financing risk. This research contributed to Islamic banking literature by including stability and funding risk in influencing margins. Keywords: Stability, funding risk, bank-specific variable, Margin, Shariah rural banks   ABSTRAK Penelitian ini menganalisis pengaruh stabilitas dan resiko pendanaan serta faktor spesifik bank dan kondisi makroekonomi terhadap margin dari Bank Pembiayaan Rakyat Shariah (BPRS). Studi ini menganalisis BPRS di Jawa yang berjumlah 83 bank pada 2017-2021 dengan data kuartalan. Metode estimasi adalah regresi panel dinamis dengan metode two-step system GMM. Selanjutnya, studi ini membagi BPRS menjadi BPRS besar dan kecil. Hasilnya menunjukkan bahwa stabilitas dan resiko pendanaan berpengaruh positif terhadap margin. CAR berpengaruh positif sedangkan asset, CIR, dan NPF berpengaruh negatif terhadap margin. Namun, stabilitas dan resiko pendanaan berpengaruh terhadap margin hanya pada BPRS besar. Implikasinya, BPRS harus meningkatkan permodalan dan memobilisasi deposito supaya meningkatkan margin serta BPRS harus memperbaiki efisiensi dan mengurangi pembiayaan macet. Kontribusi penelitian adalah penggunaan variabel stabiltias dan resiko pendanaan di dalam mempengaruhi margin. Kata kunci: Stabilitas, Resiko pendanaan, Bank spesifik, Margin, BPRS.","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":" 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139197438","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Do Muslim households with above-average levels of education give more to alms?","authors":"Pricilia Devani, Alfiah Hasanah","doi":"10.20473/vol10iss20236pp541-550","DOIUrl":"https://doi.org/10.20473/vol10iss20236pp541-550","url":null,"abstract":"ABSTRACT The aim of this study was to examine the effect of above-average educational attainment of Muslim households on the amount of alms given by the household. This study uses panel data from the Indonesian Family Life Survey Wave 4 and Wave 5, with a sample consisting of Muslim household heads with a history of secondary education (SMA/SMK) and higher education. The data were processed and analysed using the fixed effects regression method using STATA software version 17. The results of this study indicate a significant and positive influence between the above-average level of education of Muslim households and the amount of charitable expenditure of the household. A household headed by a person with a high school, vocational school, or university education is predisposed to a higher amount of alms giving. Individual characteristics of the household head, including marital status, occupation, and religious observance, play a significant role in determining the amount of household alms given. This research has potential implications for providing recommendations to the community, religious institutions, and the government to increase participation and the amount of alms given. Keywords: household alms, secondary education, higher education, IFLS, fixed effect   ABSTRAK Tujuan dari penelitian ini adalah untuk menyelidiki pengaruh tingkat pendidikan rumah tangga muslim di atas rata-rata terhadap jumlah pengeluaran sedekah rumah tangga. Penelitian ini menggunakan data panel yang bersumber dari data Indonesian Family Life Survey gelombang 4 dan gelombang 5, dengan sampel yang terdiri atas kepala rumah tangga beragama Islam dan memiliki riwayat pendidikan menengah (SMA/SMK) dan Perguruan Tinggi. Data tersebut diolah dan dianalisis menggunakan metode regresi Fixed Effect dengan bantuan software STATA versi 17. Hasil penelitian ini menunjukkan bahwa terdapat pengaruh yang signifikan dan positif antara tingkat pendidikan rumah tangga muslim di atas rata-rata dengan jumlah pengeluaran sedekah rumah tangga. Rumah tangga dengan kepala rumah tangga dengan riwayat pendidikan pada tingkat SMA/SMK dan Perguruan Tinggi cenderung memberikan jumlah sedekah yang lebih besar. Selain tingkat pendidikan, karakteristik individu kepala rumah tangga seperti status perkawinan, pekerjaan, dan kepatuhan beribadah menjadi faktor yang cukup penting dalam memengaruhi besaran sedekah rumah tangga yang diberikan. Penelitian ini dapat berimplikasi sebagai dasar untuk memberikan rekomendasi kepada masyarakat, lembaga agama, dan pemerintah dalam upaya meningkatkan partisipasi dan jumlah sedekah. Kata Kunci: Sedekah Rumah Tangga, Pendidikan Menengah, Perguruan Tinggi, IFLS, Fixed Effect","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"130 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139206560","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Influence of Maqasid Shariah Index and Shariah Business Good Governance on the Profit Growth of Islamic Commercial Banks in Indonesia","authors":"Zainuri, Umi Cholifah, Erika Ayu Pandini","doi":"10.20473/vol10iss20234pp415-426","DOIUrl":"https://doi.org/10.20473/vol10iss20234pp415-426","url":null,"abstract":"ABSTRACT\u0000This research aims to investigate the impact of Maqasid Shariah Index and Shariah business good governance on the profit growth of Islamic commercial banks in Indonesia during the period 2017 to 2021. The study employs a quantitative research method with the Panel Least Square (PLS) approach, and Lagrange Multiplier test is used to determine the appropriate regression model. The Common Effect Model (CEM) is found to be the best fit regression model. After conducting the Lagrange Multiplier test, the study proceeds to examine the classical assumptions. The research population consists of Islamic commercial banks registered with the Financial Services Authority during 2017-2021, and the sample includes those banks that have published financial reports and Shariah business good governance reports. The main finding of this research reveals a significant positive influence of Shariah business good governance on the profit growth of Islamic commercial banks. This indicates that the increased implementation of Shariah business good governance principles leads to a significant enhancement in profit growth. This study provides valuable insights for Islamic banks to reevaluate their business and financial governance systems to align with Islamic principles.\u0000Keywords: Maqasid Shariah Index, Shariah Business Good Governance, Islamic Commercial Banks, Profit Growth, Indonesia.\u0000ABSTRAK\u0000Penelitian ini bertujuan untuk menginvestigasi dampak Indeks Maqasid Syariah dan Good Governance Bisnis Syariah yang baik terhadap pertumbuhan laba bank umum syariah di Indonesia selama periode 2017 hingga 2021. Penelitian ini menggunakan metode penelitian kuantitatif dengan pendekatan Panel Least Square (PLS), dan uji Lagrange Multiplier digunakan untuk menentukan model regresi yang sesuai. Common Effect Model (CEM) terbukti menjadi model regresi yang terbaik. Setelah melakukan uji Lagrange Multiplier, penelitian ini melanjutkan dengan menguji asumsi-asumsi klasik. Populasi penelitian terdiri dari bank umum syariah yang terdaftar di Otoritas Jasa Keuangan selama periode 2017-2021, dan sampel penelitian mencakup bank-bank tersebut yang telah menerbitkan laporan keuangan dan laporan Good Governance Bisnis Syariah. Hasil utama dari penelitian ini mengungkapkan adanya pengaruh positif dan signifikan dari Good Governance Bisnis Syariah yang baik terhadap pertumbuhan laba bank umum syariah. Hal ini menunjukkan bahwa semakin bank umum syariah menerapkan prinsip-prinsip Good Governance Bisnis Syariah yang baik, maka pertumbuhan labanya akan meningkat secara signifikan. Penelitian ini memberikan wawasan yang berharga bagi bank-bank syariah untuk mengevaluasi kembali sistem Good Governance Bisnis Syariah dan keuangannya agar sejalan dengan prinsip-prinsip syariah.\u0000Kata Kunci: Indeks Maqasid Syariah, Good Governance Bisnis Syariah, Bank Umum Syariah, Pertumbuhan Laba, Indonesia.","PeriodicalId":127317,"journal":{"name":"Jurnal Ekonomi Syariah Teori dan Terapan","volume":"134 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129276406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}