Share Jurnal Ekonomi dan Keuangan Islam最新文献

{"title":"How Accountable is Zakat Management in Indonesia? An Evidence from BAZNAS of North Sulawesi","authors":"N. Latief, Nur Shadiq Sandimula","doi":"10.22373/share.v11i1.11194","DOIUrl":"https://doi.org/10.22373/share.v11i1.11194","url":null,"abstract":"This study was motivated by some zakat management accountability issues discovered in preliminary studies conducted in several zakat agencies throughout the North Sulawesi province. This study investigates zakat management accountability in three chapters/sub-chapters of the National Zakat Agency (Badan Amil Zakat Nasional – BAZNAS) in North Sulawesi province: the BAZNAS provincial chapter, the BAZNAS of Manado City sub-chapter, and the BAZNAS of Kotamobagu City sub-chapter. Data were collected using documentation studies and in-depth interviews with zakat administrators from the zakat institutions using purposive and snowball sampling techniques. To analyze the data, this study employed an Action Research (AR) approach, while the results were interpreted using a four-stage qualitative analysis: domain analysis, taxonomic analysis, componential analysis, and theme analysis. The findings indicate that zakat management in the targeted institutions has not fully met the accountability standard outlined in Law No. 23/2011, specifically in terms of 1) the absence of certain accountability indicators, 2) inefficient use of websites, 3) ineffective use of social media, and 4) the absence of an internal audit unit (SAI). The findings have implications for improving BAZNAS in North Sulawesi province and throughout Indonesia. In particular, this study suggests optimizing institution websites and social media by integrating them with provincial zakat institutions. Consequently, it is crucial to employ an IT expert who specializes in in-out information from/to society. The establishment of SAI and the employment of shariah auditors are also noteworthy. Collaboration with Islamic universities could be a first step towards a solution.==================================================================================================== ABSTRAK – Seberapa Akuntabelkah Pengelolaan Zakat di Indonesia? Kajian pada BAZNAS Sulawesi Utara. Kajian ini dilatarbelakangi oleh beberapa persoalan akuntabilitas pada pengelolaan zakat di beberapa BAZNAS dalam lingkungan provinsi Sulawesi Utara. Tulisan ini bertujuan untuk mengkaji akuntabilitas pada tiga BAZNAS di provinsi Sulawesi Utara, yaitu BAZNAS provinsi, BAZNAS Kota Manado, dan BAZNAS Kota Kotamobagu. Selain dari studi dokumentasi, data juga dikumpulkan melalui wawancara mendalam administrator zakat dari ketiga BAZNAS terkait yang dipilih berdasarkan teknik sampling purposif dan bola salju (snowball). Untuk menganalisis data, kajian ini menggunakan metode Action Research (AR), yang kemudian diinterpretasikan dalam empat tahapan analisis, yaitu analisis domain, analisis taksonomi, analisis komponensial, and analisis tema. Kajian ini menemukan bahwa pengelolaan zakat di objek penelitian tersebut belum sepenuhnya memenuhi kriteria akuntabilitas sebagaimana disebutkan dalam UU No. 23/2011, terutama dalam hal: 1) kealpaan dari dari beberapa indikator akuntabilitas, 2) websitenya belum optimal, 3) sosial media belum dimanfaatk","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42529906","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":"Efficiency Determinants of Zakat Institutions in Indonesia","authors":"Nashr Akbar, Ihsanul Ikhwan, Novan Nurpahla","doi":"10.22373/share.v11i1.10341","DOIUrl":"https://doi.org/10.22373/share.v11i1.10341","url":null,"abstract":"ABSTRACT - The purpose of this study is to examine the relative efficiency of national zakat organizations in Indonesia. Data was collected from decision-making units (DMU) consisting of 14 national zakat institutions in Indonesia listed on the BAZNAS website and selected using the purposive sampling technique. The information was derived from the DMU's publicly accessible financial reports. This study utilized the Data Envelopment Analysis (DEA) output-oriented approach to maximize output with the same level of input when analyzing the data. In selecting input variables, this study consulted previous research. In addition, it utilized Tobit regression based on the outcome of Maximum Likelihood (ML) to evaluate the determinants of the efficiency value (dependent variable) as the score ranges from 0 to 100. The result indicates that the efficiency of zakat institutions fluctuates slightly throughout the observation period. In addition, the significant efficiency determinants are size and community membership. Therefore, zakat organizations must maintain and increase their donors' loyalty. It is anticipated that the findings will contribute to the advancement of practice and knowledge regarding the study of zakat literature.   ====================================================================================================ABSTRAK – Determinan Efisiensi Lembaga Zakat di Indonesia. Penelitian ini bertujuan untuk mengkaji tingkat efisiensi relatif instituti zakat di Indonesia. Data dikumpulkan dari unit pengambil keputusan yang terdiri 14 lembaga zakat nasional yang terdaftar pada situs BAZNAS dan dipilih dengan teknik sampel purposif. Informasi yang diolah berasal dari laporan keuangan yang dapat diakses secara publik. Analisis data menggunakan Data Envelopment Anaysis (DEA) dengan pendekatan output-oriented yang memaksimalkan output di level yang sama dengan tingkat input. Dalam memilih variabel input, kajian ini menggunakan beberapa hasil riset sebelumnya. Selanjutnya, analisis data juga dilakukan dengan Tobit regression yang mendasarkan pada outcome dari Maximum Likelihood (ML) dengan maksud untuk mengevaluasi determinan nilai efisensi dalam rentang skor 0 sampai 100. Temuan kajian ini mengindikasikan bahwa tingkat efisiensi lembaga zakat di Indonesia cenderung berfluktuasi dalam periode yang diamati. Selain itu, determinan yang berpengaruh signifikan terhadap pencapaian tingkat efisiensi adalah ukuran (asset) dan afiliasi terhadap komunitas. Oleh karena itu, lembaga zakat harus menjaga dan meningkatkan loyalitas para donaturnya. Hasil kajian ini dapat berkontribusi pada kemajuan pengelolaan zakat dan memperkaya khazanah pengetahuan zakat dalam literatur. ","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45049770","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":"What Determines E-Loyalty and E-Trust of Indonesian Muslim Lecturers Using Video Conference?","authors":"M. Munandar, Naufal Bachri, Chalirafi Chalirafi, Fuadi Fuadi","doi":"10.22373/share.v11i1.10566","DOIUrl":"https://doi.org/10.22373/share.v11i1.10566","url":null,"abstract":"This study examines the effect of perceived privacy and perceived security on e-trust and e-loyalty of Muslim lecturers using video conference media. Additionally, the role of e-trust as a mediator in this relationship and the role of consumer innovativeness as a moderator of the relationship between e-trust and e-loyalty are investigated. The samples consisted of 250 respondents selected using a purposive sampling technique. The data was collected by a questionnaire survey and analyzed in AMOS using Structural Equation Modelling. The results indicate that perceived privacy and security considerably and favorably influenced e-trust. Similarly, e-trust and perceived privacy have a strong positive effect on e-loyalty, although perceived security has no effect. Moreover, e-trust could moderate the impact of perceived privacy on e-loyalty, but not the impact of perceived security on e-loyalty. Meanwhile, consumer innovation could not regulate the link between e-trust and e-loyalty. The findings have implications for establishing the concept of e-trust and customer innovativeness in the e-loyalty model.==========================================================================================================ABSTRAK – Apa Determinan E-Loyalitas dan E-Kepercayaan Dosen Muslim Indonesia dalam Menggunakan Video Conference? Penelitian ini menguji pengaruh persepsi privasi dan keamanan yang dirasakan terhadap e-kepercayaan dan e-loyalitas dosen muslim dalam menggunakan media video konferensi dan juga menguji peran e-kepercayaan sebagai mediasi dalam hubungan ini dan peran keinovatifan konsumen sebagai moderasi hubungan antara e-kepercayaan dan e-loyalitas. Sampel yang diambil sebanyak 250 responden dengan pendekatan purposive sampling dan metode analisis data yang digunakan adalah Structural Equation Modelling menggunakan AMOS. Hasil penelitian menunjukkan bahwa persepsi privasi dan persepsi keamanan berpengaruh positif dan signifikan terhadap e-kepercayaan. Persepsi privasi memiliki pengaruh positif dan signifikan terhadap e-loyalitas, persepsi keamanan tidak berpengaruh terhadap e-loyalitas, dan e-kepercayaan berpengaruh positif dan signifikan terhadap e-loyalitas. E-kepercayaan dapat memediasi efek privasi yang dirasakan pada e-loyalitas tetapi tidak memediasi pengaruh keamanan yang dirasakan pada e-loyalitas. Demikian juga, inovasi konsumen tidak dapat memoderasi hubungan e-kepercayaan terhadap e-loyalitas. Penelitian ini berimplikasi pada pengembangan konsep e-kepercayaan dan keinovatifan konsumen dalam model e-loyalitas.","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46056559","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":"Islamic Philanthropy as a Deterrent to Potential Fraud","authors":"N. Setiawan, Muhammad Nizarul Alim","doi":"10.22373/share.v11i1.11074","DOIUrl":"https://doi.org/10.22373/share.v11i1.11074","url":null,"abstract":"This study aims to investigate the utilization of Islamic philanthropic institutions in Indonesia and to recommend fraud-prevention warning signals. This study employs the desk study method to conduct qualitative research with The Allocation to Collection Ratio (ACR), the disbursement speed, and the Amil Right Ratio (RHA) as early warning signals for the possibility of fraud. Data was collected from eight Islamic charitable organizations in Indonesia. Using the ACR method, the results indicated that Badan Amil Zakat Nasional (BAZNAS), Dompet Dhuafa (DD), Institut Zakat Indonesia (IZI), Lazis Muhammadiyah (Lazismu), and Baitul Maal Muamalat (BMM) have a greater potential for fraud based on higher deposited cash balances exceeding 10 percent (11-30 percent ). Due to the lack of sufficient data on website searches and financial reports, the assessment of disbursement speed is not covered in this study. Other results indicated that using the RHA method, the only institution with a RHA greater than 12.5% is RZ (RHA 13.8%), which has a greater potential for fraud due to the orientation of the institution's responsibility towards the institution's interests rather than the interests of non-amil mustahik. This study contributes to providing an overview of the use of funds in Islamic philanthropic institutions and fraud warning signs in order to anticipate and prevent potential fraud.==================================================================================================== ABSTRAK – Filantropi Islam Sebagai Pencegah Potensi Fraud. Studi ini ditujukan untuk mengeksplorasi pendayagunaan lembaga filantropi Islam di Indonesia dan memberikan rekomendasi warning signals sebagai upaya pencegahan terhadap potensi fraud. Studi ini merupakan penelitian kualitatif menggunakan metode desk study dengan tiga metode sebagai warning signal terhadap potensi fraud: metode ACR (Allocation to Collection Ratio), Disbursement Speed dan Rasio Hak Amil (RHA). Studi ini menggunakan objek data delapan lembaga filantropi Islam di Indonesia. Hasil studi menunjukkan melalui metode ACR: Badan Amil Zakat Nasional (BAZNAS), Dompet Dhuafa (DD), Institut Zakat Indonesia (IZI), Lazis Muhammadiyah (Lazismu) dan Baitul Maal Muamalat (BMM) memiliki potensi fraud yang lebih tinggi didasarkan pada saldo kas yang mengendap lebih tinggi di atas 10% (11-30%). Penilaian disbursement speed tidak dijelaskan dalam studi ini dikarenakan tidak adanya informasi yang memadai pada penelusuran website dan laporan keuangan. Hasil studi lainnya menunjukkan melalui metode RHA, satu lembaga dengan RHA >12,5% adalah RZ (RHA 13,8%) memiliki potensi fraud lebih tinggi didasarkan pada orientasi tanggungjawab lembaga yang lebih berpihak kepada kepentingan lembaga daripada kepentingan pihak mustahik non ‘amil. Studi ini berkontribusi memberikan gambaran pendayagunaan dana pada lembaga filantropi Islam, memberikan warning signal terhadap potensi fraud untuk mengantisipasi dan meminimalisir terjadinya potensi","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45549283","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":"Firm Value and Its Predictors: An Examination of Companies Listed on Jakarta Islamic Index","authors":"Muhammad Fajrul Novrizal, M. Arfan, R. Mulyany","doi":"10.22373/share.v11i1.11867","DOIUrl":"https://doi.org/10.22373/share.v11i1.11867","url":null,"abstract":"This study aims to determine whether financial leverage, managerial ownership, profitability, company size, and the Islamic Social Reporting Index influence the firm value of companies listed on the Jakarta Islamic Index. The study population comprises companies listed on the Jakarta Islamic Index (JII) over the period of 2015-2019, with a total of 70 observations. This research period was chosen to avoid the potential effect of COVID-19 in the years after 2019. It is revealed that simultaneously all the financial leverage, managerial ownership, profitability, company size, and Islamic Social Reporting Index variables have a positive effect on firm value. Moreover, in the partial test, it was also found that each independent variable had a positive effect on firm value. The study implies and signifies the role of Islamic social reporting not only in ensuring the achievement of firms’ social accountability but also in increasing their value, particularly of those listed on the Islamic index.====================================================================================================ABSTRAK - Nilai Perusahaan dan Prediktornya: Pemeriksaan Perusahaan yang Terdaftar di Jakarta Islamic Index. Penelitian ini bertujuan untuk mengetahui apakah financial leverage, kepemilikan manajerial, profitabilitas, ukuran perusahaan, dan Islamic Social Reporting Index berpengaruh terhadap nilai perusahaan perusahaan yang terdaftar di Jakarta Islamic Index. Populasi penelitian adalah perusahaan yang terdaftar di Jakarta Islamic Index (JII) periode 2015-2019, dengan total 70 observasi. Periode penelitian ini dipilih untuk menghindari potensi efek COVID-19 di tahun-tahun setelah 2019. Terungkap bahwa secara simultan semua variabel financial leverage, kepemilikan manajerial, profitabilitas, ukuran perusahaan, dan Islamic Social Reporting Index berpengaruh positif terhadap perusahaan. nilai. Selain itu, pada uji parsial juga ditemukan bahwa masing-masing variabel independen berpengaruh positif terhadap nilai perusahaan. Studi ini menyiratkan dan menandakan peran pelaporan sosial Islam tidak hanya dalam memastikan pencapaian akuntabilitas sosial perusahaan, tetapi juga dalam meningkatkan nilainya, terutama yang terdaftar di indeks Islam.","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47666345","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 SBI and SBIS as Monetary Instruments on the Indonesian Economy","authors":"Isnaini Harahap, Khairina Tambunan","doi":"10.22373/share.v11i1.8603","DOIUrl":"https://doi.org/10.22373/share.v11i1.8603","url":null,"abstract":"As a developing nation, Indonesia uses Gross Domestic Product (GDP) as a measure of economic expansion. To maintain a high GDP, however, it is necessary to address a number of issues, including inflation, interest rates, and exchange rates. In an effort to resolve the issues, monetary operations, including the use of the Bank Indonesia Certificate (Sertifikat Bank Indonesia - SBI) and the Bank Indonesia Sharia Certificate (Sertifikat Bank Indonesia Syariah - SBIS) instruments, were carried out. These instruments should theoretically provide a positive effect on the economy. This study aims to determine the impact of the SBI and SBIS instruments on the economy of Indonesia. Data were obtained in a time series format from the Statistics Indonesia (Badan Pusat Statistik - BPS) and Bank Indonesia websites. It was interpolated on a monthly basis and analyzed using the VAR VECM method to determine short-term and long-term effects. The findings show that the SBIS variable has a significant impact on economic growth, whereas the SBI has no effect on the Indonesian economy. This result suggests that the Indonesian monetary authorities should consider using SBIS as a tool to support economic growth rather than SBI.==========================================================================================================ABSTRAK – Pengaruh SBI dan SBIS Sebagai Instrumen Moneter terhadap Ekonomi Indonesia. Indonesia sebagai negara berkembang menjadikan Produk Domestik Bruto (PDB) sebagai indikator pertumbuhan ekonomi. Namun untuk mempertahankan PDB yang tinggi, terdapat beberapa masalah diantaranya inflasi, suku bunga maupun nilai tukar. Untuk mengatasi persoalan tersebut secara moneter, dilakukan operasi moneter diantaranya dengan menggunakan instrument SBI dan SBI. Secara teoritis, kedua instrument harus memberikan dampak positif terhadap pertumbuhan ekonomi. Karenanya penelitian ini bertujuan untuk mengetahui dampak instrument SBI dan SBIS terhadap perekonomian Indonesia. Data penelitian dikumpulkan dalam bentuk time series dari situs BPS dan BI. Data tersebut diinterpolasi secara bulanan dan dianalisis dengan metode VAR VECM untuk menemukan dampak SBI dan SBIS pada periode jangka pendek dan jangka panjang. Hasil penelitian menunjukkan adanya dampak yang signifikan variabel SBIS terhadap pertumbuhan ekonomi, sementara SBI tidak berdampak signifikan terhadap perekonomian Indonesia. Implikasi temuan ini adalah otoritas moneter harus lebih mempertimbangkan SBIS dibandingkan SBI sebagai instrumen operasi moneter guna mendukung pertumbuhan ekonomi.","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45139014","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":"How Do Sharia Supervisory Board and Good Corporate Governance Relate to Islamic Banks Performance?","authors":"R. Hanafi, Abdul Rohman, D. Ratmono","doi":"10.22373/share.v10i2.11112","DOIUrl":"https://doi.org/10.22373/share.v10i2.11112","url":null,"abstract":"This study aims to investigate the relationship between the characteristics of the Sharia Supervisory Board (SSB) and Good Corporate Governance (GCG) on the performance of Islamic Banks (IBs). Data were collected from 14 IBs listed on the Financial Services Authority (OJK) during 2013–2019. The multiple regression results empirically show that SSB with the academic position as professor shows a significant positive relationship on IBs performance. Meanwhile, SSB with doctoral education has no positive relationship with IBs performance. Although it is not positively correlated, doctoral education is still needed but with a background in law or sharia education, economics including finance or accounting, and muamalah. Educational background is proven to have a significant positive relationship with IBs' performance. Meanwhile, SSB, which only has a finance or accounting background, does not positively affect IBs' performance. In addition, GCG shows a very significant positive relationship with the IBs' performance. It indicates that effective and efficient governance by the Board of Directors, Board of Commissioners, and SSB through implementing better GCG and sharia principles will improve IBs performance.==========================================================================================================ABSTRAK – Bagaimana Kaitan Dewan Pengawas Syariah dan Good Corporate Governance dengan Kinerja Bank Syariah? Penelitian ini bertujuan untuk mengetahui hubungan antara karakteristik Dewan Pengawas Syariah (DPS) dan Good Corporate Governance (GCG) terhadap kinerja Bank Syariah (BS) di Indonesia. Data dikumpulkan dari 14 BS yang terdaftar di OJK selama periode 2013-2019. Berdasarkan hasil regresi berganda secara empiris menunjukkan bahwa DPS yang memiliki jabatan akademik sebagai profesor menunjukkan hubungan positif yang signifikan dengan kinerja BS. Sedangkan DPS dengan pendidikan doktor tidak memiliki hubungan positif dengan kinerja BS. Walaupun tidak berkorelasi positif, pendidikan doktor tetap diperlukan tetapi dengan latar belakang pendidikan hukum atau syariah, ekonomi termasuk keuangan atau akuntansi, dan muamalah. Karena latar belakang pendidikan tersebut terbukti memiliki hubungan positif yang signifikan dengan kinerja BS. Sedangkan DPS yang hanya berlatar belakang keuangan atau akuntansi tidak menunjukkan hubungan positif dengan kinerja BS. Selain itu, GCG menunjukkan hubungan positif yang sangat signifikan dengan kinerja BS. Hal ini menunjukkan bahwa tata kelola yang efektif dan efisien oleh Dewan Direksi, Dewan Komisaris, dan DPS melalui penerapan prinsip-prinsip GCG dan syariah yang lebih baik akan meningkatkan kinerja BS.","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45540765","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":"Determinants of Financial Stability of Islamic Insurance Companies Listed on Indonesia Financial Services Authority","authors":"Grandis Imama Hendra","doi":"10.22373/share.v10i2.9098","DOIUrl":"https://doi.org/10.22373/share.v10i2.9098","url":null,"abstract":"Islamic insurance is an Islamic financial service that guarantees a participant's life, health, education, asset, and business. Some of them experienced a decline in their financial stability. This study aims to analyze the determinants of financial stability of Islamic insurance companies registered at the Indonesian Financial Services Authority (OJK) from 2014 to 2018. Thirty-eight data observations were acquired from eight full-fledged Islamic insurance businesses' financial reporting, analyzed using panel data regression. The dependent variable is financial stability, whilst investment, capital structure, insurance premiums, independent board of commissioners, sharia supervisory board, board of directors, and institutional ownership are the independent variables. The results show that financial stability is significantly affected by investment, insurance premiums, independent boards, and institutional ownership. The capital structure, sharia supervisory board, and board of directors do not affect the financial stability. Increasing the number of participant contributions and strategic investments should be a concern of Islamic insurance managers. The role of an independent board and Institutional owners supervisory could strengthen the financial stability of Islamic Insurance. Research on Financial stability is supporting the development of Islamic insurance companies.==================================================================================================== ABSTRAK – Determinan Stabilitas Keuangan Perusahaan Asuransi Syariah yang Terdaftar pada Otoritas Jasa Keuangan. Asuransi syariah adalah salah satu jasa keuangan Syariah untuk menjamin jiwa, kesehatan, pendidikan, aset dan bisnis. Beberapa perusahaan tersebut mengalami penurunan stabilitas keuangannya. Penelitian ini bertujuan untuk menganalisis determinan stabilitas keuangan perusahaan asuransi syariah yang terdaftar pada Otoritas Jasa Keuangan (OJK). Sebanyak 38 observasi diperoleh dari laporan keuangan 8 perusahaan asuransi syariah periode 2014-2018. Analisis dilakukan menggunakan regresi data panel. Variabel yang dipilih dalam penelitian ini adalah stabilitas keuangan sebagai variabel dependen, investasi, struktur modal, premi asuransi, dewan komisaris independen, dewan pengawas syariah, dewan direksi dan kepemilikan saham institusi. Hasil penelitian menunjukkan bahwa variabel investasi, premi asuransi, dewan komisaris independen dan kepemilikan saham institusi berpengaruh terhadap stabilitas keuangan perusahaan asuransi. Variabel struktur modal, dewan pengawas syariah dan dewan direksi tidak berpengaruh terhadap stabilitas keuangan. Peningkatan jumlah iuran peserta dan investasi strategis harus menjadi perhatian pengelola asuransi syariah. peran dewan independen dan pengawasan pemilik institusi dapat memperkuat stabilitas keuangan asuransi syariah. Penelitian stabilitas keuangan pada perusahaan asuransi memberikan dukungan terhadap pengembangan perusahaan asuransi syariah.","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44511588","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":"Back Matters","authors":"Editor Share","doi":"10.22373/share.v10i2.11999","DOIUrl":"https://doi.org/10.22373/share.v10i2.11999","url":null,"abstract":"","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45830952","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 Relevance of Islamic Economics and Finance Fundamentals to the Contemporary Economy: Islamic Economist Perceptions","authors":"A. Soemitra","doi":"10.22373/share.v10i2.9544","DOIUrl":"https://doi.org/10.22373/share.v10i2.9544","url":null,"abstract":"There have been some studies related to the fundamental values of Islamic economics and finance. However, not many studies directly examine the relevance of the fundamental values of Islamic economics and finance to the modern contemporary economy. This study intends to examine the perception of Islamic economists on the relevance of the fundamental values of Islamic economics and finance to the contemporary economy. This research was conducted with a qualitative design by conducting a structured survey and in-depth interviews with 61 participants. Data analysis used in this research is collected from surveys and interviews from several sources and analyzed by qualitative descriptive method. The findings show that the Islamic economists perceived that the Islamic economics and finance fundamental values are relevant to contemporary modern economic conditions. The values are also considered better in overcoming economic and financial problems, thus achieving Islamic goals of public prosperity. The results also reveal the need for more vigorous efforts in promoting Islamic economics and finance fundamental values.==========================================================================================================ABSTRAK – Relevansi Fondasi Ekonomi dan Keuangan Islam dengan Ekonomi Kontemporer: Persepsi Ekonom Islam. Kajian-kajian terkait dengan nilai-nilai dasar ekonomi dan keuangan Islam telah banyak dijumpai dalam literatur. Namun, tidak banyak penelitian yang secara langsung mengkaji relevansi nilai-nilai fundamental ekonomi dan keuangan Islam dalam tataran ekonomi kontemporer. Oleh karena itu, penelitian ini bertujuan untuk mengkaji persepsi ekonom Islam terhadap relevansi aspek fundamental ekonomi dan keuangan Islam dalam terhadap ekonomi kontemporer. Penelitian ini dilakukan dengan pendekatan kualitatif dimana data-data didapat dengan cara survei terstruktur dan wawancara mendalam dengan 61 peserta. Analisis data dilakukan dengan metode deskriptif kualitatif. Hasil kajian menunjukkan bahwa para ekonom Islam menganggap bahwa nilai-nilai fundamental ekonomi dan keuangan Islam relevan dengan kondisi ekonomi kontemporer. Nilai-nilai tersebut juga dianggap lebih baik dalam mengatasi masalah ekonomi dan keuangan kontemporer, sehingga mencapai tujuan syariah untuk kesejahteraan umat. Hasil kajian juga mengungkapkan tentang pentingnya upaya yang lebih gencar dalam mempromosikan nilai-nilai fundamental ekonomi dan keuangan Islam.","PeriodicalId":31746,"journal":{"name":"Share Jurnal Ekonomi dan Keuangan Islam","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47479108","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}