Ekonomi Islam Indonesia最新文献

Short-term Overreaction of the Indonesian Islamic Stock Market to Specific Events during the Covid-19 Pandemic 印度尼西亚伊斯兰股票市场对 Covid-19 大流行期间特定事件的短期过度反应

Ekonomi Islam Indonesia Pub Date : 2024-07-19 DOI: 10.58968/eii.v6i1.489

Novia Rosmala, M. I. Irfany, Bumi Camara, Daffa Aqomal Haq

引用次数: 0

Challenges and Obstacles in the Standardization and Harmonization of Fatwa in Islamic Finance Industry and Way Forward 伊斯兰金融业法特瓦标准化和协调方面的挑战和障碍及前进方向

Ekonomi Islam Indonesia Pub Date : 2024-04-24 DOI: 10.58968/eii.v6i1.494

Abrista Devi, Baharom Abdul Hamid

{"title":"Challenges and Obstacles in the Standardization and Harmonization of Fatwa in Islamic Finance Industry and Way Forward","authors":"Abrista Devi, Baharom Abdul Hamid","doi":"10.58968/eii.v6i1.494","DOIUrl":"https://doi.org/10.58968/eii.v6i1.494","url":null,"abstract":"The purpose of this paper is to explore the potential benefit, challenge and obstacles in the standardization and harmonization of fatwa in Islamic finance industry. This paper is also intended to formulate strategies to release the standardization and harmonization of fatwa. This study employs qualitative approach and reviews literatures that are relevant to the research objective. The finding indicates that the potential benefit of harmonization of fatwa are efficient and manageable regulation and control, IFIs will have a set of reporting and guideline standards, contribute to IFIs’s growth, enhance public and IFI’s confidence, and lead to greater transparency. Meanwhile, the challenges to harmonize the fatwa can be divided into four main problems, technical, governance, human resource, and regulation. Technical problems comprise difference of opinion in ijtihad and fatwas, the absence of consensus (ijma’), and national cultural specificities. Governance consist of international fatwa bodies are only followed by selected member countries, difference in sharia compliance governance model among countries, and difference level of Islamic finance industry growth among countries. Human resource involves lack of inclusivity, lack of professionals, personal/group interest. Finally, regulation be made up of lack of support from regulators, enforcement problem, and lack of legal system. This study also purposes some important strategies to release the standardization of fatwa and some recommendations for future studies.","PeriodicalId":243427,"journal":{"name":"Ekonomi Islam Indonesia","volume":"7 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140660783","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}

引用次数: 0

Islamic Financial Inclusion Index in Indonesia and its Correlation to Women's Quality of Life 印度尼西亚的伊斯兰金融包容性指数及其与妇女生活质量的相关性

Ekonomi Islam Indonesia Pub Date : 2024-04-02 DOI: 10.58968/eii.v6i1.479

Hidayatul Azqia, Mohammad Mahbubi Ali, Saniatun Nurhasanah

{"title":"Islamic Financial Inclusion Index in Indonesia and its Correlation to Women's Quality of Life","authors":"Hidayatul Azqia, Mohammad Mahbubi Ali, Saniatun Nurhasanah","doi":"10.58968/eii.v6i1.479","DOIUrl":"https://doi.org/10.58968/eii.v6i1.479","url":null,"abstract":"This thesis discusses and provides an overview of the Islamic financial inclusion index in Indonesia and its correlation with women's quality of life. This study uses a descriptive quantitative approach with the method of calculating the Index of Sharia Financial Inclusion (ISFI). The data from this study uses secondary data obtained from the publications of the Financial Services Authority, the Central Statistics Agency and the Ministry of Child Protection and Women's Empowerment of the Republic of Indonesia. The study covers 33 provinces for the 2015-2020 period. The results of this study found that the level of Islamic financial inclusion in Indonesia was still relatively low at 0.105. Based on the observations, the provinces of DKI Jakarta and Nanggroe Aceh Darussalam, are the most superior provinces in measuring the Islamic financial inclusion index in this study, with the acquisition value of each province respectively 0.531 and 0.435. This study also found that the Islamic financial inclusion index (ISFI) has a positive relationship to women's quality of life (IPG). These results indicate that changes in the level of Islamic financial inclusion will result in changes in women's quality of life (IPG) in the same direction or if the ISFI index increases by one unit it will increase the GPA index by 7.811.","PeriodicalId":243427,"journal":{"name":"Ekonomi Islam Indonesia","volume":"27 16","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140752960","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}

引用次数: 0

Is There a Relationship Between Islamic Banking Liquidity and Inflation? Empirical Evidence from Indonesia 伊斯兰银行流动性与通货膨胀之间有关系吗？印度尼西亚的经验证据

Ekonomi Islam Indonesia Pub Date : 2024-03-29 DOI: 10.58968/eii.v6i1.406

Nisrina Jazmiyanti, Eko Fajar Cahyono, Salina Kassim

{"title":"Is There a Relationship Between Islamic Banking Liquidity and Inflation? Empirical Evidence from Indonesia","authors":"Nisrina Jazmiyanti, Eko Fajar Cahyono, Salina Kassim","doi":"10.58968/eii.v6i1.406","DOIUrl":"https://doi.org/10.58968/eii.v6i1.406","url":null,"abstract":"This study aims to determine if there is a relationship between the Islamic bank liquidity and inflation in the context of Indonesia. In achieving this objective, the effects of Bank Indonesia Certificates Sharia (SBIS), Bank Indonesia Islamic Deposit Facility (FASBIS), Inflation on Sharia Banking Liquidity for the period of 2011-2019 are analysed. The research method is quantitative approach and analyzed using multiple linear regression analysis. The data used in this study are secondary data obtained from official data from Bank Indonesia and the Financial Services Authority (OJK).The results showed that the Bank Indonesia Certificates Sharia (SBIS) had a significant negative effect on Islamic banking liquidity; the Bank Indonesia Islamic Deposit Facility (FASBIS) had no influence on Islamic banking liquidity; and inflation had a significant positive effect on Islamic banking liquidity. For monetary authority, this research can be used as an evaluation material for programs that are carried out specifically in the FASBIS instrument so that in the future FASBIS has an influence on Islamic banking liquidity and also while maintaining monetary instrument stability.","PeriodicalId":243427,"journal":{"name":"Ekonomi Islam Indonesia","volume":"39 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140367533","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}

引用次数: 0

Bibliometric Analysis on Islamic and Conventional Money Demand 伊斯兰和传统货币需求的文献计量分析

Ekonomi Islam Indonesia Pub Date : 2023-11-27 DOI: 10.58968/eii.v5i2.295

M. I. Irfany, Fiona Ramadhini, Daffa Aqomal Haq

引用次数: 0

Islamic Social Finance as Source of Financing Agricultural Sector in Indonesia 作为印度尼西亚农业部门融资来源的伊斯兰社会融资

Ekonomi Islam Indonesia Pub Date : 2023-11-01 DOI: 10.58968/eii.v5i2.279

Irfan Nurfalah, Salman Al-Parisi

{"title":"Islamic Social Finance as Source of Financing Agricultural Sector in Indonesia","authors":"Irfan Nurfalah, Salman Al-Parisi","doi":"10.58968/eii.v5i2.279","DOIUrl":"https://doi.org/10.58968/eii.v5i2.279","url":null,"abstract":"The shrinking of rice fields causes crop yields to decrease. Apart from that, financing in this sector is not attractive to investors because it is high risk. The minimal financing of agricultural sector credit is the reason for the author to discuss the problems faced in agricultural sector credit. The source of agricultural credit capital is the synergy between agricultural zakat and the government budget for food security and is allocated according to needs. So, sharia banking, the government and Baznas collaborate in raising funds for agricultural credit. This paper takes an example of an agricultural sector financing scheme from Japan which has been successfully implemented. However, Japan's credit financing comes from government funds only. This encourages the author to innovate credit financing in the agricultural sector, especially food diversification commodities, namely the synergy between agricultural zakat and the government budget for food security. Agricultural zakat is centralized by Baznas and then handed over to the Indonesian Agricultural Association (API). API determines the budget allocation of these funds and then submits it to Bank Indonesia (BI). BI hands it back to sharia banking to be credited to farmers with a predetermined allocation and the remaining allocated funds are deposited.","PeriodicalId":243427,"journal":{"name":"Ekonomi Islam Indonesia","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139295700","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}

引用次数: 0

Equity Market & Islamic Finance: Innovation and Product Development 股票市场与伊斯兰金融：创新与产品开发

Ekonomi Islam Indonesia Pub Date : 2023-10-31 DOI: 10.58968/eii.v5i2.278

Muhammad Syafii Antonio

{"title":"Equity Market & Islamic Finance: Innovation and Product Development","authors":"Muhammad Syafii Antonio","doi":"10.58968/eii.v5i2.278","DOIUrl":"https://doi.org/10.58968/eii.v5i2.278","url":null,"abstract":"The growth of the Islamic finance industry has been encouraging and it is becoming more advanced. In its early development, product offerings of Islamic finance tended to be in more traditional area such as (murabahah) financing and funding. However, as the industry matures, the trend is towards a more sophisticated and complex products and financial instruments. This paper attempts to provide a brief overview of this development, with a strong emphasis on shariah perspectives. The paper begins with reviewing the philosophy of an Islamic economy, especially its moral aspects and main objectives. Then it will show some recent global developments in the Islamic finance industry and Islamic capital markets. From this overview, it also becomes necessary to highlight a conceptual overview of the nature and process in designing Islamic finance products, followed by a close look at the progress of the Islamic equity market, especially sukuk. The paper also observes the strategic position of values and ethics in product development, specifically through a shariah governing body such as National Shariah Boad in Indonesia and Shariah Advisory Council in Malaysia. At the end the paper identifies some critical issues on the development of Islamic equity and finance products.","PeriodicalId":243427,"journal":{"name":"Ekonomi Islam Indonesia","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139307308","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}

引用次数: 0

Zakat & Sustainable Development Goals (SDGs): A Review 天课与可持续发展目标（SDGs）：回顾

Ekonomi Islam Indonesia Pub Date : 2023-10-30 DOI: 10.58968/eii.v5i2.275

Neneng Nurhasanah

{"title":"Zakat & Sustainable Development Goals (SDGs): A Review","authors":"Neneng Nurhasanah","doi":"10.58968/eii.v5i2.275","DOIUrl":"https://doi.org/10.58968/eii.v5i2.275","url":null,"abstract":"This study aims to look at the development of research on \"Zakat & SDGs\" around the world and research plans that can be carried out based on published journals with this theme. This study used a qualitative method with a bibliometric analysis approach. The data used is secondary data with the theme \"Zakat & SDGs\" which comes from the Scopus database with a total of 39 journal articles. Then, the data is processed and analyzed using the VosViewer application with the aim of knowing the bibliometric map of research development \"Zakat & SDGs\" in the world. The results of the study found that in the bibliometric author mapping, the authors who published the most research on the theme \"Zakat & SDGs\" were Abubakar J.; Aysan AF; Ahmad S.; Siddiqui KA; Aboalsamh HM; Akmal IKB; Majid MAS; Gunawan E. Furthermore, based on the bibliometric keyword mapping, there are 4 clusters that can become research lines with topics related to Implementation of Sharia-Based Finance to Achieve SDGs, Zakat Institutions and SDGs, Sustainable Finance and Investment during the Covid-19 Pandemic and Human Development Index (HDI) and Zakat Recipients. Last, the words most used are Islamic Finance, SDGs, zakat institutions, IFI, HDI, sustainable finance & investment and Covid.","PeriodicalId":243427,"journal":{"name":"Ekonomi Islam Indonesia","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139310304","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}

引用次数: 0

Systematic Review on Sharia Supervisory Board in Islamic Banking 伊斯兰银行业伊斯兰教法监事会制度述评

Ekonomi Islam Indonesia Pub Date : 2022-12-31 DOI: 10.58968/eii.v4i2.134

Nadiyah Mu’adzah

{"title":"Systematic Review on Sharia Supervisory Board in Islamic Banking","authors":"Nadiyah Mu’adzah","doi":"10.58968/eii.v4i2.134","DOIUrl":"https://doi.org/10.58968/eii.v4i2.134","url":null,"abstract":"This study aims to determine previous research trends on Sharia Supervisory Board (SSB), assess the relationship of research collaboration, and identify future research directions. It uses 147 Scopus articles regarding to sharia supervisory board that were published between 2004 and 2023, using a Bibliometric method and Systematic Literature Review (SLR). The data that has been collected for this study is processed using VosViewers software to produce results that can be analyzed. It is known that four sub-themes dominate the research related to the sharia supervisory board: the relationship between SSB to sharia banking performance, sharia financial management, sharia governance compliance, and sharia audit effectiveness. This study can be used as a guide for determining influential writers, journals, organizations, and countries, making it simpler for future scholars to locate sources that had a substantial influence on the growth of the sharia supervisory board literature. This result may also have implications for regulators to re-evaluate the effectiveness of the structure and performance of the SSB to control and oversee Islamic bank governance. It is hoped that researchers, practitioners and regulators will collaborate to improve the sharia supervisory board's quality in both theory and practice.","PeriodicalId":243427,"journal":{"name":"Ekonomi Islam Indonesia","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129177514","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}

引用次数: 0

The Influence of Monetary Policy Instruments on Economic Growth in Indonesia 货币政策工具对印尼经济增长的影响

Ekonomi Islam Indonesia Pub Date : 2022-12-31 DOI: 10.58968/eii.v4i2.146

R. Riani, Imron Hr

引用次数: 0