Review of Islamic Economics and Finance最新文献

Rasch Analysis On Investment Decision Anomalies in Indonesian Islamic capital market 印尼伊斯兰资本市场投资决策异常的Rasch分析

Review of Islamic Economics and Finance Pub Date : 2022-12-20 DOI: 10.17509/rief.v5i2.56994

Darmawan Darmawan

{"title":"Rasch Analysis On Investment Decision Anomalies in Indonesian Islamic capital market","authors":"Darmawan Darmawan","doi":"10.17509/rief.v5i2.56994","DOIUrl":"https://doi.org/10.17509/rief.v5i2.56994","url":null,"abstract":"AbstractPurpose – This Research aims to understand what behavioural anomalies are in making investment decisions in the Indonesian Islamic capital market and what factors are behavioural anomalies in making investment decisions in the Indonesian Islamic capital market.Methodology - This Research uses a quantitative approach by applying Rasch analysis to measure five types of investment behaviour anomalies. Data was collected using a questionnaire. Findings - The endowment and its items are considered the primary considerations for investors. On the other hand, Anchoring and Adjustment of all the items are not considered the primary consideration. Meanwhile, Conservatism, Optimism and Hindsight spread to both categories of items. The difference in responses by gender was found that only on the item, Feeling greater comfort and optimism with their employer's stock, felt that investing there was less risky than investing elsewhere. Meanwhile, the difference in responses based on age was found that the age of thirties most often gave a different response from other respondents, especially in the indications of Endowment and Hindsight. In comparison, the difference in responses at the age of forties occurred in the items indicating optimism. Financial service providers are advised to offer the most suitable financial products based on gender differences. The most important thing is that in their thirties, an age group that tends to maintain their investment for a longer time and that investment decisions and risks in share ownership where they work are responded differently by gender. Keywords: Behavior Finance, Investment Decision, Rasch Analysis.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123865732","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

Indonesian Export Diversification to OIC Countries during Covid-19 Pandemic: A Literature Review 2019冠状病毒病大流行期间印尼对伊斯兰会议组织国家出口多样化:文献综述

Review of Islamic Economics and Finance Pub Date : 2022-12-01 DOI: 10.17509/rief.v5i2.51763

Nanda Lismatiara Zubaid

引用次数: 0

Examining the Model of Islamic Bank Profitability: The Roles Islamic Social Responsibility, Firm Size, Leverage, and Board Size 检验伊斯兰银行盈利模式:伊斯兰社会责任、公司规模、杠杆率和董事会规模的作用

Review of Islamic Economics and Finance Pub Date : 2022-12-01 DOI: 10.17509/rief.v5i2.46949

Diah Sepni Andhari, M. Muflih, D. Burhany

{"title":"Examining the Model of Islamic Bank Profitability: The Roles Islamic Social Responsibility, Firm Size, Leverage, and Board Size","authors":"Diah Sepni Andhari, M. Muflih, D. Burhany","doi":"10.17509/rief.v5i2.46949","DOIUrl":"https://doi.org/10.17509/rief.v5i2.46949","url":null,"abstract":"AbstractPurpose - Profitability is very essential for the Islamic banking industry to maintain a sustainable business at a global level. However, until now Islamic banking has not been able to generate profitability competitiveness against conventional banking. Meanwhile, the increased awareness of the importance of business social responsibility has led to increased attention towards social responsibility based on Islamic values (known as Islamic Social Responsibility) since it is believed to be able to boost the profitability of Islamic banking. This study aims to reveal the effect of firm size, leverage, and board size on Islamic social responsibility and the role of Islamic social responsibility in mediating the influence of these three factors on the profitability of Islamic bankingMethodology - Observing 14 Islamic banks in Indonesia, this study used SEM-PLS for data analysis. Findings - The results show that board size has a positive effect on Islamic social responsibility while Islamic social responsibility itself has a positive effect on the profitability of Islamic banking. In addition, Islamic social responsibility can play a good role in linking firm size, board size, and leverage with the profitability of Islamic banking. The implications (theoretical and managerial) of this study are described at the end of the Keywords - Profitability, firm size, board size, leverage, Islamic social responsibility, Islamic banking","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128996632","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: 1

Bibliometric Computational Mapping Analysis of Publications on Financial Technology in Islamic Capital Market 伊斯兰资本市场金融技术文献计量计算映射分析

Review of Islamic Economics and Finance Pub Date : 2022-12-01 DOI: 10.17509/rief.v5i2.52657

Ahmad Fadlur Rahman Bayuny, Yana Rohmana

{"title":"Bibliometric Computational Mapping Analysis of Publications on Financial Technology in Islamic Capital Market","authors":"Ahmad Fadlur Rahman Bayuny, Yana Rohmana","doi":"10.17509/rief.v5i2.52657","DOIUrl":"https://doi.org/10.17509/rief.v5i2.52657","url":null,"abstract":"AbstractPurpose – This study aims to explore and categorize research literature on Financial Technology in Islamic Capital Market systematically by mapping and visualizing it through bibliometric analysis using VOSviewer.Methodology - The research from publications that have appeared in journals that are indexed by Google Scholar served as the foundation for the article data used in this study. A reference manager tool called Publish or Perish is used to gather research data. A literature review on the subject we chose was done with the help of the program Publish or Perish. Findings - The results show that research on Financial Technology in Islamic Capital Market is separated into 3 terms: Financial Technology, Islamic, Capital Market. The term \"Financial Technology\" is associated with 168 links with a total link strength of 581. The term \"Islamic\" has 191 links with a total link strength of 661. The term \"Capital Market\" has 219 links with a total link strength of 840. While the popular Islamic capital market research was carried out in 2019, namely 134 studies. Keywords: Bibliometric, Computational maping analysis, Financial Technology, Islamic Capital Market, VOSviewer","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115486306","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

Factors Affecting the Asset Growth of Indonesian Shaaria Life Insurance Companies 影响印尼沙里亚人寿保险公司资产增长的因素

Review of Islamic Economics and Finance Pub Date : 2022-12-01 DOI: 10.17509/rief.v5i2.52660

Muhamad Rizki Karim Amrulloh, Farras Abyan Aziz

引用次数: 0

Financial Ratios and These Effects Toward Sukuk Yield with Sukuk Risk as a Mediator Variable 以伊斯兰债券风险为中介变量的财务比率及其对伊斯兰债券收益率的影响

Review of Islamic Economics and Finance Pub Date : 2022-12-01 DOI: 10.17509/rief.v5i2.52659

M. Abduh, Fitri Sri Handayani

引用次数: 0

Consumption: Ethical Perspective of Islamic Economics 消费:伊斯兰经济学的伦理视角

Review of Islamic Economics and Finance Pub Date : 2022-11-17 DOI: 10.17509/rief.v5i1.52164

Yana Rohmana

{"title":"Consumption: Ethical Perspective of Islamic Economics","authors":"Yana Rohmana","doi":"10.17509/rief.v5i1.52164","DOIUrl":"https://doi.org/10.17509/rief.v5i1.52164","url":null,"abstract":"AbstractPurpose - The problem of consumption in the framework of Islamic economics is how to fulfill needs so that satisfaction is achieved, full of ethics by adding social preferences and benefits, and hoping to achieve the pleasure of Allah SWT.Methodology - Such consumer behavior should be based on Islamic moral consumption ethics with the guidelines of the Qur'an and Sunnah. The principles of consumption within the framework of Islamic ethics, namely (i) the principle of permissibility and generosity; (ii) Responsibility and Simplicity Principles; (iii) Principles of Balance and Fairness; and (iv) Priority and Morality Principles. Findings - All consumption ethics are aimed at achieving falah, which is a noble and prosperous life in this world and the hereafter with the fulfillment of the needs of human life in a balanced way. The fulfillment of community needs will have an impact called mashlahah (individual and social welfare) in the hope of achieving the pleasure of Allah SWT. So it is fitting that the consumption of a Muslim is as a means of help to worship Allah SWT. So its consumption must conform to the hierarchy of essential (darūriyyāt), complementary (hājiyyāt) and embellished (taḥsīniyyāt) needs. Islam forbids consumers to take extreme actions (up to the upper limit) in the form of excessive consumption (israf) or wasteful consumption (tabdhir), and also avoid stingy consumption. The prohibition set is not to limit mankind, but to ensure the benefits are maintained and harm is avoided in consumption. Keywords: Consumption, Ethics, Islam, Falah. ","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124466305","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

Views on the Utilization of Non-Halal Assets 对非清真资产利用的看法

Review of Islamic Economics and Finance Pub Date : 2022-07-01 DOI: 10.17509/rief.v5i1.44837

F. Firmansyah, A. Nurasyiah, S. Utami, Ripan Hermawan, Muhammad Kamal Muzakki, Romi Hardiansyah

{"title":"Views on the Utilization of Non-Halal Assets","authors":"F. Firmansyah, A. Nurasyiah, S. Utami, Ripan Hermawan, Muhammad Kamal Muzakki, Romi Hardiansyah","doi":"10.17509/rief.v5i1.44837","DOIUrl":"https://doi.org/10.17509/rief.v5i1.44837","url":null,"abstract":"AbstractPurpose – This paper aims not to legalize the practice of unlawful muamalah transactions, but the real purpose is what to do if someone has already made unlawful transactions and generates wealth from the practice of unlawful muamalah transactions, what is the solution to repentance in Islam, so as not to repeat muamalah transactions illegal in the future.Methodology - This paper uses a qualitative method in the form of library research. Literature study is a technique of collecting data by examining books, literatures, articles and research reports that have to do with the problem being solved. Thus, this study will limit its activities only to library collection materials without conducting field researchFindings - The conclusion of this paper is that if the illicit assets resulting from transactions that are not mutually pleased and the whereabouts of the transaction partners are known, it must be returned or their consent is requested, while if the whereabouts of the transaction partners are not known, the assets are donated to the poor on behalf of the owner of the goods/money legitimate.Keywords: Non-Halal Assets, Muamalah Haram, Utilization of Non-Halal Assets, Repentance","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133219077","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

Corporate Governance Mechanism: Its Role Against the Criteria for Sharia Stocks and Share Prices 公司治理机制:对伊斯兰教股票和股价标准的作用

Review of Islamic Economics and Finance Pub Date : 2022-07-01 DOI: 10.17509/rief.v5i1.45011

M. Syarief, Dadang Hermawan, L. Pratiwi

{"title":"Corporate Governance Mechanism: Its Role Against the Criteria for Sharia Stocks and Share Prices","authors":"M. Syarief, Dadang Hermawan, L. Pratiwi","doi":"10.17509/rief.v5i1.45011","DOIUrl":"https://doi.org/10.17509/rief.v5i1.45011","url":null,"abstract":"AbstractPurpose - This study examines the effect of corporate governance mechanisms represented by the number of board of commissioners and board of directors on the fulfillment of sharia stock criteria and stock prices. Methodology - The data collected from 195 Islamic issuers listed on the Indonesian Sharia Stock Index with the observation period of the 2012- 2016 on the annual report. The analytical tool used is a robust path analysis using WARP PLS. Findings - The results of the study state that there is a direct influence of the corporate governance mechanism on the fulfillment of sharia stock criteria, there is an indirect influence from the board of commissioners through the board of directors on sharia stock criteria, but there is no indirect influence on stock prices. The average value of TUBTA and NPI is well below the maximum limit set by OJK, and there is no sharia compliance officer in the company under study. The existence of compliant sharia officers may be a solution for differences in the influence that occurs between the commissioner's board and the board of directors on the fulfillment of Islamic finance criteria.Keywords: Board of commissioners; board of directors; sharia stock financial criteria; stock prices.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126939022","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

Factors Affecting Muzaki’s Decision to Pay Zakat in Baznas City of Depok for the 2020 Period 影响Muzaki决定在2020年期间在Baznas市支付天课的因素

Review of Islamic Economics and Finance Pub Date : 2022-07-01 DOI: 10.17509/rief.v5i1.44957

Kaimiyaul Gina Fahrani, E. Amelia, Ady Cahyady

引用次数: 1