UIN (Universitas Islam Negeri) Sunan Kalijaga, Yogyakarta: E-Journal Fakultas Ekonomi dan Bisnis Islam
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Macroeconomic Variables and Jakarta Islamic Index (JII) in Indonesia: an Approach of Error Correction Model
Get PDFThe purpose of this study is to examine the impact of macroeconomic variables on the Jakarta Islamic Index (JII) over the period 2012-2021. Macroeconomic variables include inflation, the exchange rate, the bi-rate, global oil prices, and the price of gold. In this study, the Error Correction Model (ECM) was used to examine the short- and long-term impact of macroeconomic variables on the di Jakarta Islamic Index (JII). According to the findings, the Indonesian sharia exchange rate and Bi-Rate had an impact on the sharia stock index in the short run. In contrast, interest rates, global oil prices, and global gold prices have a long-term impact on the sharia stock index. Variable inflation has no effect on either
Intention of Generation-Z for Switching to Islamic Banks In Banten Province A Push-Pull Mooring Approach
Get PDFResearch Aims: The purpose of this research is to understand the interest of Generation Z in switching behavior to Islamic banks based on the Push Pull Mooring (PPM) theory.
Methodology: The method used in this research is quantitative and the population taken as a sample is Generation Z in Banten Province. The hypothesis in this research is tested using Structural Equation Modelling (SEM) and the SmartPLS 3.0 application, with a sample size of 184 respondents taken using purposive sampling method.
Research Findings: The results of the research show that the push and pull factors have a positive and significant effect on switching intention, while the mooring factors do not have an effect on switching intention.
Theoretical Contribution/Originalitity: The research focuses on Generation Z in Banten Province, and the findings may not be generalized to other regions or age groups. Additionally, the study relies on self-reported data, which may be subject to respondent bias.
Implication: Sharia banks must take the opportunity to develop and offer services that are more in line with religious values and can focus on developing products and services that meet sharia standards and prioritize Islamic ethical values to attract more customers
Implementation of Islamic Economics: A Study of Pragmatic Thinking by Charles S. Peirce, Amin Abdullah, and Kim Knott
Get PDFBackground: As Charles S. Pierce believed in his book "Contemporary Introductions" by Milton K. Munits. According to Munitz, science\u27s contribution to the advancement of human civilization cannot be separated. In his book Religious Studies Normativity or Historicity? Amen Abdullah noted that the pursuit of knowledge never comes to an end at any particular point but rather goes on more research and investigation are done to better understand the circumstances and conditions of human life. Novelty: The use of Maqashid Sharia in determining islamic economics ideas.
Objectives: The purpose of this paper is to discuss ideas regarding current happenings. Regarding Islamic economics in Indonesia, clearly, objectively, and analytically. Present-day Islamic economics still has a conceptual and practical gap. Therefore, using an Islamic law/maqashid sharia approach to determine the meaning of economic ideas in Islam takes a while. One of the attempts to overcome the development of Islamic economic principles in the study of the philosophy of Islamic sciences
Research Methodology / Design: This study uses a literature review methodology and is qualitative in nature.
Findings: According to Pierce, the pragmatic approach focuses primarily on the process of scientific inquiry as well as the classification of concepts and the means by which they are believed. According to Kim Knott, the process of finding meaning involves inquiry and the participation of academics from both inside and outside groups.
Implication: Dismantling critical thinking using a critical paradigm is one of the methods used in studying the philosophy of Islamic sciences to impede the growth of Islamic economic conceptions and thought
The Role of Green Economy in Climate Change Mitigation
Get PDFAbstract
As the world confronts the escalating challenges of climate change, the role of the green economy has come to the forefront in the quest for effective mitigation strategies. This paper, titled "The Role of Green Economy in Climate Change Mitigation," delves into the pivotal relationship between green economic practices and the mitigation of climate change impacts.
The green economy, characterized by sustainable and environmentally responsible practices, presents a paradigm shift in economic development. This research investigates how the adoption of green economic principles and initiatives can significantly contribute to reducing greenhouse gas emissions, enhancing energy efficiency, and fostering a more sustainable relationship between society and the environment.
Through a comprehensive review of existing literature, case studies, and policy analyses, this study examines the multifaceted dimensions of the green economy\u27s role in climate change mitigation. It explores the impact of green technologies, renewable energy sources, sustainable transportation, and circular economy models on mitigating the adverse effects of climate change.
The findings highlight the potential of the green economy as a catalyst for climate action, offering not only economic growth but also a path towards a low-carbon and climate-resilient future. The research underscores the importance of integrating green economic principles into national and international climate policies, emphasizing the need for collaborative efforts across sectors to address one of the most pressing global challenges of our time.
This study serves as a valuable resource for policymakers, environmental advocates, and stakeholders interested in harnessing the transformative power of the green economy to mitigate climate change and secure a sustainable future for all
Do Intellectual Capital and Financial Performance Connect With Stock Price Volatility?
Get PDFPurpose: This study aims to analyze the effect of intellectual capital (IC) and financial performance on stock price volatility
Methodology: The methodology used is a quantitative approach with panel data regression analysis. The sample selection method used a purposive sampling method with criteria set by the researchers resulting in 37 mining companies from 2014 - 2021.
Findings: The results of this study indicate that human capital, structural capital, and capital employed do not affect stock price volatility. Relational capital has a significant positive effect on stock price volatility. Furthermore, earnings volatility and return on assets show a significant positive effect on stock price volatility. The results of this study reject the assumptions of the resource-based view theory. This study has implications for practices in the capital market, where most investors have yet to consider IC in their investment decisions.
Novelty: Not much research has been done on the renewal of stock price volatility; The intellectual capital factor uses the Value-Added Intellectual Capital (VAIC) method in the form of human capital, structural capital, employed capital and rational capital; The financial performance factors used are earning volatility, dividend payout ratio and return on assets; Renewal of research objects using mining sector companies; Research data from 2016-2021
Analisis Pengaruh Keterbukaan Perdagangan, Konsumsi Energi, dan Pertumbuhan Ekonomi terhadap Emisi Karbon di Negara D-8
Get PDFCarbon emissions are one of the main causes of global climate change. High carbon emissions can hinder long-term economic growth. The purpose of this research is to analyze the influence of Trade Openness, Energy Consumption, and Economic Growth variables on CO2 Emissions in D-8 countries (Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey) during the period of 1992 to 2021 using the Autoregressive Distributed Lag (ARDL) panel model. The results of the study indicate that Economic Growth in D-8 countries has a positive long-term effect on CO2 Emissions but has no short-term effect. The Energy Consumption variable has a short-term effect on CO2 Emissions. However, Trade Openness does not have a short-term or long-term effect on CO2 Emissions. Therefore, it is expected that D-8 countries pay attention to policies that encourage investment in renewable energy, incentives for energy efficiency, and regulations that reduce emissions from specific sectors, which can help achieve sustainable and low-carbon economic growth
Analysis of the Mediating Effect of Micro Business Growth on Productive Zakat Utilization, Information Technology, and Mustahiq’s Welfare
Get PDFThis study aims to analyze the impact of productive zakat and information technology on the welfare of Mustahiq through the growth of micro-businesses at BAZNAS DIY, LAZISMU DIY, and LAZISNU DIY. Quantitative analysis was employed in this study with a sample size of 39. The data analysis technique utilized was Structural Equation Modeling and Partial Least Squares (SEM-PLS), facilitated by the Smart-PLS 3.0 application. The findings of this research indicate that both productive zakat and information technology exert a significant positive influence on the growth of micro-businesses. However, productive zakat alone does not significantly affect the welfare of Mustahiq. On the other hand, micro-business growth demonstrates a significant positive effect on Mustahiq’s welfare. Furthermore, productive zakat and information technology significantly contribute to the welfare of Mustahiq through the mediation of micro-business growth.
Originality/Value: This study seeks to explore the relationships between productive zakat, micro-business growth, information technology, and mustahiq welfare. Additionally, it aims to assess the impact of productive zakat provision and information technology utilization on mustahiq welfare, contributing to the discourse on effective poverty alleviation strategies in Indonesia
The Influence of Hr Information Systems, Competence, and Work Discipline on Work Productivity Post-Merger Bank Syariah Indonesia: (Branch Mataram Pajenggik 1)
Get PDFResearch Aims: HR information systems, competencies, and work discipline are the independent variables while work productivity is the dependent variable used.
Methodology: The case studies that became the research population were employees of Bank Syariah Indonesia Mataram Pejanggik 1 Branch Office. This research is a quantitative research with saturated sampling technique used in determining the sample. The distribution of respondents obtained was 40 filled out questionnaires. Data analysis method with IBM SPSS 26 because it uses multiple linear regression analysis.
Research Findings: The results of this study were obtained simultaneously from the three variables influencing employee work productivity. Meanwhile, if partially obtained the results of information system variables, and work discipline have a positive and significant effect on work productivity. But the competency variable partially has no positive and significant effect on employee work productivity. The results of this study are that Bank Syariah Indonesia Pejanggik 1 Branch has implemented an HR information system that is accurate and clear, as well as good work discipline, even though there are still employees who are not competent in their fields
Model of Green Human Resources Behavior Based on Green Behavior Training, Green Competence, and Affective Commitment on Green Value
Get PDFThis study used fundamental research to explore the concept of green management in behavioral theory. This study used 100 employees of PT Sidomuncul as respondents and used a purposive sampling method and multiple regression analysis for data analysis. The results of this study indicate that green behavior training has a positive and significant effect on green competencies. Green behavior training has a positive and significant effect on the affective commitment to green values. Green behavior training, green competencies, and affective commitment to green values have a positive and significant effect on human resources\u27 green behavior. Green competencies and affective commitment to green values are the intervening variables between green behavior training and human resources green behavior. This study examines the antecedents and consequences of the green human resource management (HRM) model with the behavioral theory that explores green competencies and affective commitment. This research will contribute to increasing employee awareness to change their behavior towards green HRM. For social implications, this study provides a social impact of becoming a greener society environment
Halal Food: Research Mapping Related to Halal Food Using a Bibliometric Approach
Get PDFThe halal industry has enormous potential and is currently growing quite significantly in the world. As quoted from the Global Islamic Economy Report 2020/2021, one of the largest halal industries in Indonesia is Halal Food with total public consumption reaching US1.7 trillion and placing Indonesia in the first place. as the highest consumer of halal food. This research will try to map research related to the development of Halal Food research trends published by leading journals from 1990 to 2021 that have been indexed by Scopus, using the bibliometric method with the help of Vosviewer software. Based on the results of the analysis, research related to halal food shows an increase from year to year, with the highest number of publications on halal food coming from Malaysia, and the keywords most frequently used are halal, halal food, and article. Therefore it is hoped that research on halal food can be further developed using other methods such as biblioshin