{"title":"Empirical Evidence of the Impact of Islamic Financial Inclusion on Human Welfare of Maqashid Sharia Perspective in Indonesia","authors":"Rani Puspitaningrum","doi":"10.17509/rief.v4i1.35601","DOIUrl":"https://doi.org/10.17509/rief.v4i1.35601","url":null,"abstract":"AbstractPurpose – The study aims to determine the effect of Islamic financial inclusion using 3 (three) dimensions, namely accessibility, availability, and use (usage of banking services) of Islamic banking in Indonesia on the concept of welfare which includes 5 (five) elements: protection (hifz) of religion (din), mind ('aql), soul (nafs), offspring (nasl), and property (mal).Methodology - The Islamic financial inclusion components are represented by several variables: the total number of third-party funds and financing, the total number of deposit accounts, and Automated Teller Machines (ATM) of Islamic banking. Meanwhile, the Islamic Human Development Index (I-HDI) is a suggested variable that represents welfare in the perspective of maqashid sharia. The research data used is annual data from 2010-2019 and then analyzed by multiple linear regression method. Findings - The result shows that Islamic financial inclusion has a significant effect on people's welfare in Indonesia. Variable availability (availability) and the use of Islamic banking services (usage of banking services) have a real influence, but not so on the variable accessibility (accessibility). The increase in Islamic financial services indicated by the increase in third-party funds and financing in Islamic banking will also improve human welfare.Keywords: Islamic financial inclusion, Islamic Human Development Index (I-HDI), material welfare index (MWI), non-material welfare index (NWI), maqashid sharia.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114767582","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}
F. Firmansyah, A. Nurasyiah, Muhammad Kamal Muzakki, Romi Hardiansyah
{"title":"The Impact of Inflation on Zakah","authors":"F. Firmansyah, A. Nurasyiah, Muhammad Kamal Muzakki, Romi Hardiansyah","doi":"10.17509/rief.v4i1.34783","DOIUrl":"https://doi.org/10.17509/rief.v4i1.34783","url":null,"abstract":"AbstractPurpose - This paper aims to reveal how the impact of inflation on zakah can reduce the actual value of zakah collected, study the fiqh about zakah distribution, and apply zakah fund reserves funds not distributed entirely.Methodology - The method used is qualitative with the form of library research (library research). This paper concludes that inflation impacts zakah acceptance; that is, the amount of zakah collected is reduced. The management of zakah by the state in some of the scholars’ reviews turns out to have a more significant positive impact than if zakah is distributed individually by muzaki.Findings - The rule regarding zakah funds reserves, in distributing zakah during the time of the Prophet ﷺ is never to delay the distribution of zakah, the zakah received is then distributed to the asnaf, so that the nature of zakah distribution during the time of the Prophet ﷺ is immediately and distributed without remainder.Keywords: Inflation, Zakah, Zakah Funds Reserves.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134106729","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}
Iftikar Arif Yuri, Annisaa Rahman, Amy Fontanela, S. Syamsurizal
{"title":"The Effect of Good Corporate Governance (GCG), Temporary Syirkah Funds, and Profitability on the Performance of the Maqasid of Sharia Commercial Banks in Indonesia","authors":"Iftikar Arif Yuri, Annisaa Rahman, Amy Fontanela, S. Syamsurizal","doi":"10.17509/rief.v4i1.34801","DOIUrl":"https://doi.org/10.17509/rief.v4i1.34801","url":null,"abstract":"AbstractPurpose – This study aims to examine the effect of good corporate governance, temporary syirkah funds and profitability to the performance of maqasid sharia that occurs in Islamic banks registered as sharia commercial banks within a period of five years with purposive sampling method.Methodology – Statistical analysis used in this research is descriptive statistical analysis and by using multiple linear regression model.Findings – The results showed that temporary syirkah funds had an effect on the performance of maqasid sharia. While Good Corporate Governance (independent board of commissioners, syariah supervisory board, DPS positions, audit committee), and profitability do not affect the performance of maqasid sharia.Keywords: Good Corporate Governance, independent board of commissioner, syariah supervisory board, DPS positions, audit committee, temporary syirkah fund, profitability, maqasid sharia.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"84 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124854972","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}
Rodame Monitorir Napitupulu, Hasnan Habib Harahap, Anny May Saroh Simamora
{"title":"Waqf Literacy of Generation Z in Indonesia","authors":"Rodame Monitorir Napitupulu, Hasnan Habib Harahap, Anny May Saroh Simamora","doi":"10.17509/rief.v4i1.34050","DOIUrl":"https://doi.org/10.17509/rief.v4i1.34050","url":null,"abstract":"AbstractPurpose - Indonesian people are recorded to have a low waqf literacy index still. In 32 provinces surveyed by the central National Zakat Agency (BAZNAS) and the Indonesian Waqf Board (BWI), only 13 provinces had moderate waqf literacy indexes, and the rest were in a low category. Meanwhile, there is no data related to the waqf literacy index in generation Z. This study aims to determine the waqf literacy index in generation Z case study at students in Faculty of Islamic Economics and Business IAIN Padangsidimpuan.Methodology - The number of samples in this study was 313 respondents. The Waqf Literacy Index is assessed in 2 dimensions: basic knowledge of Waqf and advanced knowledge of Waqf. Data is processed and analyzed by the weighted-average method in which all indicators are considered equally important.Findings - Based on the results of data analysis, it is known that the basic knowledge of the waqf score is very high, while the advanced knowledge of the waqf score is high. Waqf index literacy of generation Z in Indonesia was 83.48.Keywords - Literacy, Waqf, Understanding","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131707575","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 Effect of Macroeconomic Variables on the Amount of Zakat Receipts in Indonesia","authors":"S. Zubaidah, A. Munawar","doi":"10.17509/rief.v4i1.34100","DOIUrl":"https://doi.org/10.17509/rief.v4i1.34100","url":null,"abstract":"AbstractPurpose – This study aims to explain the effect of macroeconomic variables on the number of zakat receipts in 2016-2020 at BAZNAS. Macroeconomic variables in this study consist of GDP per capita, inflation, and exchange rates.Methodology - The method used in this research is the quantitative method with multiple regression analysis models. The data used are secondary data from BI, BPS, and zakat financial reports in BAZNAS. Findings - This study indicates that the macroeconomic variables consisting of GDP per capita, inflation, and exchange rates do not affect the number of zakat receipts. The independent variables of GDP per capita, inflation, and the exchange rate can only explain their effect on the total zakat receipts of 36.91%. Other variables explain the remaining 63.09% outside of research.Keywords: GDP Per Capita; Inflation; Exchange Rate; Zakat.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116976575","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":"Service Quality, Brand Image and its Impact on Customer Satisfaction Levels of Umrah Rabbanitour Travel in Bandung, West Java","authors":"Rizky Maidan Ilmy","doi":"10.17509/rief.v3i2.30580","DOIUrl":"https://doi.org/10.17509/rief.v3i2.30580","url":null,"abstract":"Business competition in the service sector it is getting tighter in this era. Focus on customer satisfaction by giving good service is one of the strategies to win the market competition. Cause in creating customer satisfaction, the company must be increasing value and image from its brand. The research method is used in this research is the explanatory method, and data collection is carried out using a questionnaire. The purpose of research is to know relation or service quality influences and brand image to customer satisfaction. The finding in this study is that there is a simultaneous effect (together) between quality service variable (X1) and brand image (X2) to customer satisfaction (Y). From double regression analysis linear result is getting significance value 0,000 that its value significance level value α (0,01). The result of analysis in this research has also shown the magnitude of service quality support (X1) and brand image (X2) variable who indicated by R Square value 0,868, that is mean service quality simultaneously (together) gives support to 86,8% while the rest 13,2% influenced by other variables not examined in this study.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125547086","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 Role of Islamic Philanthropy in the Orphans' Socio-Economic Development Based on Maqashid Sharia (Case Study in the Gerakan Infaq Beras Bandung)","authors":"Kakah Mudrikah","doi":"10.17509/RIEF.V3I2.30572","DOIUrl":"https://doi.org/10.17509/RIEF.V3I2.30572","url":null,"abstract":"This research departs from the many most vulnerable strata of society, one of which is children victims of neglect by their families and surrounding communities. Based on facts on the ground, in 2016, there were 5.3 million more children who were victims in the community. To protect the child, institutions such as an orphanage are needed to be a decent place to live, provide affection, and meet the basic needs of neglected children well. This research measure and describe the orphans socio-economic development using sharia maqashid principles. The objects taken in this study are orphans who live in orphanages in the Bandung Raya area (Bandung City, Bandung Regency, West Bandung Regency, and Cimahi City) who are receiving assistance from Islamic philanthropy distributed through the Gerakan Infaq Beras Bandung totaling 93 foster children. Through this Islamic philanthropy, it is also expected that the basic needs of orphans based on the principles of sharia maqashid can be met even better. The five dimensions of the principle of maqashid sharia, namely health services, access to education, religious practices, carrying out economic activities, and inclusion in social activities are operationally measured using the Maqashid Sharia Multidimensional Poverty Index (MSMPI). The research findings show that the socio-economic conditions of orphans in the health, education, religion and social variables get better towards a positive direction. In contrast, the socio-economic development of the economic variable gets a negative change. But in the aggregate, the orphans socio-economic development reflected in the MSMPI score gets a value of 3.54, which means that Islamic philanthropy plays a positive role in the orphans socio-economic development in the Bandung Raya area.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129381821","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":"Analysis Of Human Development With The Islamic Human Development Index (IHDI) In West Java Province In 2014-2018","authors":"Iim Koyimah, A. Mahri, A. Nurasyiah","doi":"10.17509/RIEF.V3I2.29381","DOIUrl":"https://doi.org/10.17509/RIEF.V3I2.29381","url":null,"abstract":"This paper aims to reveal how the impact of inflation on zakah can reduce the actual value of zakah collected, study the fiqh about zakah distribution, and apply zakah fund reserves funds not distributed entirely. The method used is qualitative with the form of library research (library research). This paper concludes that inflation impacts zakah acceptance; the amount of zakah collected is reduced. The management of zakah by the state in some scholars’ reviews turns out to have a more significant positive impact than if zakah is distributed individually by muzaki. The rule regarding zakah funds reserves, in distributing zakah during the time of the Prophet ﷺ is never to delay the distribution of zakah, the zakah received is then distributed to the asnaf, so that the nature of zakah distribution during the time of the Prophet ﷺ is immediately and distributed without remainder.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131200321","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":"Civilization in the Era of Harun Al-Rashid: The Synergy of Islamic Education and Economics in Building The Golden Age of Islam","authors":"Anto Apriyanto","doi":"10.17509/rief.v3i2.30337","DOIUrl":"https://doi.org/10.17509/rief.v3i2.30337","url":null,"abstract":"This article discusses the Islamic civilization's description during the Caliph Harun Al-Rashid of the Abbasid Daula, progressing rapidly. His triumph was inseparable from the Islamic education system's synergy role, and the Islamic economic system was implemented and became a characteristic of that time. Historical records show that the Islamic civilization at that time succeeded in bringing and showing the world that Islam was a superpower that could not be taken lightly by its reign of more than 5 (five) centuries. One of the indicators of the triumph of Islamic civilization is an indicator in the rapidly developing economy, be it agriculture, trade, or industry, due to the rapid development of the world of education and research. At that time, education got much attention from the state. However, education cannot succeed without economic support. Therefore, the state gives primary attention to the people's welfare, especially those related to the education component, namely students, educators, education funding, educational facilities, and educational tools. So it is not an exaggeration if the early period of Abbasid leadership encouraged the birth of The Golden Age of Islam. ","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115514237","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":"Shariapreneur Interest : Analysis Of Sharia Business Knowledge and Motivation (Studies On Students Of The Islamic Economics Study Program Bandung City Universities","authors":"I. Siddiq, J. Juliana, Fitranty Adirestuty","doi":"10.17509/rief.v3i2.30399","DOIUrl":"https://doi.org/10.17509/rief.v3i2.30399","url":null,"abstract":"One of the requirements for a country to change its status to a developed country is the number of entrepreneurs who reach 2% of the total population in productive age. However, currently, the total entrepreneurship in Indonesia is still at 0.7% of the total productive age population. As the largest Muslim country globally, there is only 0.18% of Indonesian Muslim entrepreneurs. The purpose of this study was to determine the high interest of students to become shariapreneurs. The research method used is the descriptive method with a quantitative approach. The population in this study were students of the Islamic economics study program at the State University of Bandung. The samples taken in this study were 251 people. The data analysis technique used is Multiple Linear Regression. Furthermore, in the results of this study, Islamic business knowledge has a positive and significant effect on shariapreneur interest and motivation, which has positive and significant results on shariapreneur interest. Researchers hope that the results of this study can provide benefits to various parties in increasing the interest of shariapreneurs in Islamic economics study program students in the State University of Bandung City.","PeriodicalId":287186,"journal":{"name":"Review of Islamic Economics and Finance","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134009488","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}