Al-Mashrafiyah: Jurnal Ekonomi, Keuangan, dan Perbankan Syariah

Governance Dynamics and Financial Risk in Islamic Rural Banks: Assessing the Influence of Board Structures on Financial Performance and Financing Risk

Wed, 01 May 2024 07:27:20 +0000

This study aims to analyze the effects of the board of directors, board of commissioners, Sharia supervisory board, and Non-Performing Financing (NPF) on Return on Assets (ROA) in Islamic rural banks (BPRS) in Indonesia. Additionally, it investigates the influence of the board of directors, board of commissioners, and Sharia supervisory board on NPF. Annual data from 18 BPRS listed in the OJK directory from 2019 to 2021, including board size, ROA, and NPF, were analyzed using the Common Effect Model. The results indicate that board size negatively and significantly affects ROA but not NPF, while board size, board of commissioners, and Sharia supervisory board insignificantly influence ROA and NPF. However, NPF significantly impacts ROA negatively. These results underscore the importance of board composition in financial performance and asset quality within BPRS, providing valuable insights for stakeholders and policymakers in enhancing governance practices and mitigating financial risks

Customer Preferences Savings Product

Siska Yuli Anita — Wed, 01 May 2024 08:04:10 +0000

The purpose of this article is to determine the partial and simultaneous influence of religiosity and service quality on customer preferences. This type of research is quantitative research with a research population of 273 people and a sample size of 73 respondents with sampling using the Slovin formula and sample selection criteria, namely that they are iB Hajj and Umrah savings customers of Bank Muamalat, aged 25-60 years and domiciled in Jakarta and Lampung. By using a data processing tool in the form of the SPPS version 20 application. The results of the research that has been carried out show that simultaneously religiosity and service quality have an influence on preferences, while partially religiosity has no effect on preferences and service quality has an influence on preferences.

Keywords : Religiosity, Service Quality and Preference

Analysis of the Role Indonesian Sharia Bank in Developing Halal Tourism in Makassar City

Amiruddin K, Ismawati, Ahmad Tamami — Tue, 30 Apr 2024 00:00:00 +0000

This research aims to look at the role of Bank Syariah Indonesia in developing halal tourism in Makassar City. This research uses primary and secondary data by conducting interviews, literature studies, and documentation. This research uses qualitative research methods and a descriptive approach. The research results show that Bank Syariah Indonesia in Makassar City has a role in developing halal tourism in the culinary business sector, as well as travel service providers and lodging providers, through financing provided to halal tourism business actors. The financing provided by Bank Syariah Indonesia in Makassar City to business actors is micro-business financing and Rahn financing, which uses Murabahah and Rahn contracts.

The Impact of the Boycott on the Fall on Stock Price of PT. Unilever

Raihan Sultani Matondang, Annio Indah Lestari Nasution — Wed, 01 May 2024 08:59:48 +0000

The decline in shares of this giant company tends to be associated with a boycott of products that support Israel over the humanitarian crisis of military attacks on Palestinian civilians. Boycott actions in Indonesia are becoming increasingly popular with the publication of MUI fatwa number 83 of 2023 concerning the law of support for Palestine, so researchers are interested in conducting further research regarding the impact of boycotts on share prices at PT. Unilever. This research uses mixed methods, namely qualitative and quantitative research types. Qualitative research in this study uses a literature study approach, the data sources in this study are secondary data obtained from books, journals and government policies related to the theme. Then it is analyzed and taken according to data requirements. Meanwhile, quantitative research was carried out by testing daily stock price data accessed via www.finance.Yahoo.com with SPSS 25. The methods used in this quantitative research were the Kolomogorov-Smirnov Test, the Paired Samplet-Test, and the Wilcoxon Signed Rank Test. The observation period consisted of 3 intervals, namely before the boycott action, after the boycott action and after the issuance of MUI fatwa no. 83 of 2023. The test results prove that there is no difference in stock prices before and after the announcement of the boycott movement. However, after the MUI issued fatwa no. 83 of 2023 which states support for Palestine, share prices weakened. So there is a significant difference between share prices before the boycott of PT products. Unilever and after the MUI fatwa.

Development of Religious Tourism in Increasing MSME Income

Novita Hannum Harahap, Mustapa Khamal Rokan, Muhammad Lathief Ilhamy Nasution — Wed, 01 May 2024 10:15:28 +0000

This research aims to find out how the development of religious tourism can increase UMKM income using SWOT analysis. The research location is the Syarun Nur Mosque and the object of this research is the development of religious tourism in increasing the income of UMKM. Based on the research results, it is known that the strategy for developing religious tourism at the Syahrun Nur Mosque in increasing UMKM income can be carried out with 4 strategies, namely providing infrastructure and arranging and repairing the facilities and infrastructure of the tourist attraction, improving services for visiting tourists, developing the business of UMKM actors around the Great Mosque. Syahrun Nur, and developing UMKM and business actors who produce and provide souvenirs and culinary specialties from the Syahrun Nur Mosque).

The Role of Person-Organization Fit, Person-Job Fit, and Job Satisfaction in Enhancing the Performance of Universitas Terbuka’s lecturers.

Andi Sylvana, Murtiadi Awaluddin, Hussam Dueramae, Nina Utami Y Sanusi — Wed, 01 May 2024 10:30:29 +0000

Lecturers are professionals and scholars whose performance is evaluated based on their success in fulfilling the three pillars of higher education known as Tri Dharma Perguruan Tinggi: education, research, and community service. They bear the responsibility for these tasks, relying on their skills, experience, and dedication within specific time frames. The performance of lecturers significantly influences their academic career progression and the quality of the higher education institution. Several factors can affect lecturers' performance, including person-organization fit, person-job fit, and job satisfaction. This research employs descriptive and verificative analyses. The data were analysed using LISREL Version 8.72 software. This analysis aims to understand the roles of person-organization fit, person-job fit, and job satisfaction in enhancing the performance of lecturers at Universitas Terbuka. The total number of respondents in this study was 223. The conclusions drawn from this research are as follows: Person-Organization Fit has a significant impact on job satisfaction among lecturers at Universitas Terbuka; Person Job Fit significantly affects job satisfaction among lecturers at Universitas Terbuka; Person-Organization Fit significantly influences the performance of lecturers at Universitas Terbuka; Person Job Fit has a significant effect on the performance of lecturers at Universitas Terbuka; Job satisfaction significantly influences the performance of lecturers at Universitas Terbuka; Person-Organization Fit and Person Job Fit jointly have a significant impact on the performance of lecturers at Universitas Terbuka; and Person-Organization Fit, Person Job Fit, and Job Satisfaction together significantly influence the performance of lecturers at Universitas Terbuka.

Developing Islamic Social Entrepreneurship Through Crowdfunding Waqf Model

Abdurrahman Mansyur, Ainul Fatha Isman — Thu, 30 May 2024 06:33:40 +0000

This study aims to analyze the urgency of developing Islamic social enterprise and conceptualize its development by integrating financial technology and Islamic charity. This study uses a qualitative method with an inductive reasoning method. The results of this study demonstrate the urgency of Islamic social enterprise as a business concept to create sustainable value for society to overcome social problems. The advantages of crowdfunding for Islamic social entrepreneurship are provides access to capital for various small businesses, reach many local and international investors, promotes innovation, and supports business growth. This research formulates a waqf model for Islamic social entrepreneurship. This platform acts as a medium that brings together funders, funds, and managers. This concept is in line with Islamic values that characterize Islamic social entrepreneurship. The Waqf crowdfunding model for the development of Islamic social entrepreneurship can providing flexibility and funding to optimize potential businesses. The waqf crowdfunding model can contribute to developing social entrepreneurship potential in Muslim countries.