Invest Journal of Sharia & Economic Law
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Hukum Fee KafÄlah di Lembaga Keuangan Syariah Perspektif Fikih
Full text linkThe contracts in Fiqh Muamalah have all been implemented in Sharia Financial Institutions. One of the implemented contract products is kafÄlah. KafÄlah is a binding contract between a kÄfîl (guarantor) to a guaranteed party (makfÅ«l lah) for the receivables given for the implementation of a project/work. In Islamic Financial Institutions, the kafÄlah contract is applied as a Bank Guarantee, Letter Of Credit and Sharia Credit Card (Syariah Card). Contract products that use the kafÄlah system all have a fee. However, the problem is that many people are confused about the law on the existence of the kafÄlah fee. This paper describes the law, basis and reasons for Ulam related to kafÄlah fees implemented in Islamic Financial Institutions. This research uses a type of literature research or library research, namely by collecting data that is the main source from various books, books, articles, scientific journals, and other writings related to the kafÄlah. The approach taken by the researcher is using a qualitative approach, where the data collected is not in the form of numbers, but the data is obtained from the study and review of literature on bibliographic sources. The results of the analysis of researchers related to the law of kafalah fees in Islamic Financial Institutions from the perspective of fiqh are different in the opinion of scholars (ikhtilaf). A kafÄlah contract is a tabarru contract (charity program), not a tijari contract entitled to a fee. This principle makes some Fiqh scholars not allow a kÄfîl to take a fee for insurance services given to the makfÅ«l 'anhu. However, some scholars allow fees on kafÄlah contracts because of the condition of a general-purpose, so that if there is no fee, it will not realize the benefit and carry out good deeds
Penggunaan Teknologi Dan Potensi Penerapan Internet Of Things (IoT) Dalam Pengembangan UMKM: Studi Kasus Resto Ayam Buldak
Full text linkTechnology can be a facilitator in dealing with the problem of limiting social mobility. Product marketing as one of the main activities of a business unit can be done online using technology. In this journal, discussions will be conducted on the use of technology and the internet of things as facilitators in developing the Resto Ayam Buldak business unit as an innovation strategy. The business unit model began in January 2020, when the community had social restrictions due to Covid-19. The business unit of Resto Ayam Buldak is included in the category of Micro Enterprises based on the regulation of the Indonesian Law No.20 of 2008. Research in this journal is carried out by qualitative methods using substructural interview techniques to extract data and information. Based on the research results, it is known that technology supported the development of Resto Ayam Buldak during the Covid-19 pandemic. Various product information can be known through digital media, including websites, google business, grab food, food, and superfood. The collaboration of various digital technologies encourages the development of the company's image among consumers and the expansion of product marketing coverage areas. In its business process, the restaurant also uses the cashier application as an Enterprise architecture that helps make it easier for owners to control financial transactions in the business unit. The potential application of the Internet of Things IoT in controlling the production house of Resto Ayam Buldak can be made through the concept of smart production. However, the use of the Internet of Things (IoT) is still not applied in the business activities of Resto Ayam Buldak, which belongs to the Criteria for Micro Enterprises. This problem requires large investment capital to develop smart production in the business unit. The role of the government is needed in supporting technology-based creative economy activities carried out by UMKM
The Influence of Halal Knowledge and Labeling on Food Product Purchase Decisions
Full text linkThe food and beverage industry is currently more concerned about the manufacture and procurement of halal food products because the level of public knowledge is increasing with social media and is supported by data on the development of Muslims worldwide. For Muslims, the essential thing to do when buying products is halalness. This study examines the level of knowledge and halal labeling on purchase decisions of food products for IAIN Ponorogo students. The number of samples in this study was 100 people, with multiple linear regression analysis methods and using the SPSS for Windows v25. Based on the result of the SPSS test, the result was: (i) Based on the simulation test, knowledge variables and halal labeling affected food purchasing decisions. (ii) Based on a partial test, the knowledge variable does not affect food purchasing decisions, but the halal labeling variable affects food purchasing decisions.The food and beverage industry is currently more concerned about the manufacture and procurement of halal food products because the level of public knowledge is increasing with social media and is supported by data on the development of Muslims worldwide. For Muslims, the essential thing to do when buying products is halalness. This study examines the level of knowledge and halal labeling on purchase decisions of food products for IAIN Ponorogo students. The number of samples in this study was 100 people, with multiple linear regression analysis methods and using the SPSS for Windows v25. Based on the result of the SPSS test, the result was: (i) Based on the simulation test, knowledge variables and halal labeling affected food purchasing decisions. (ii) Based on a partial test, the knowledge variable does not affect food purchasing decisions, but the halal labeling variable affects food purchasing decisions
The Influence of Price, Product Quality, and Halal Knowledge on Purchase Decisions for Fiesta Chicken Nugget Products with Purchase Intention as an Intervening Variable (Study on Consumers in Salatiga City)
No full textHalal and non-halal meat zoning policies impact consumer intentions for a product. The product, Fiesta Chicken Nugget in Salatiga, is one of them. Whether positive or negative, the policy will impact the sale of processed meat products. This research is based on the background of processed chicken meat products, namely Fiesta Chicken Nugget in Salatiga, which is affected by the Halal Zoning policy. The study aimed to determine the effect of price, product quality, and consumer knowledge of halal on purchasing decisions for Fiesta Chicken Nugget products in Salatiga City, with buying interest as an intervening variable. This research uses quantitative research. The sampling technique used purposive sampling with a total of 100 respondents. This study conducted validity, reliability, correlation coefficient, determination coefficient, regression analysis, t-test with SPSS application and Sobel analysis to test the effect of intervening variables. The results of the hypothesis stated that price, product quality, halal knowledge, and buying interest had a positive and significant effect on purchasing decisions. While the study's results indicate that price and product quality affect buying interest, halal knowledge does not. Then the price, halal knowledge and buying interest do not affect purchasing decisions, but product quality does affect the Fiesta Chicken Nugget product.tract:
The background of this research is about processed chicken products, namely Fiesta Chicken Nugget. The purpose of the study was to determine the effect of price, product quality, and consumer knowledge of halal on purchasing decisions for Fiesta Chicken Nugget products in Salatiga City with buying interest as an intervening variable. And this research uses quantitative research.
The sampling technique used purposive sampling with a total of 100 respondents. The results of the T test show that price has no effect on purchasing decisions, product quality has no effect on purchasing decisions, halal knowledge has no effect on purchasing decisions and buying interest has no effect on purchasing decisions. While the F test shows simultaneously that price, product quality, and knowledge of halal have a significant influence on the purchasing decision variables
Analisis Perbandingan Kinerja Keuangan Bank Syariah dengan Bank Konvensional Perspektif Maqashid Syariah
Full text linkAccounting as a complement (tahsiniyat) can turn into a necessity (hajiyat) at the maqashid level. Maqashid sharia is not the most decisive factor in giving birth to sharia economic products that can play a dual role as a tool of social control and socio-economic engineering to realize human benefit, sharia maqashid can provide philosophical and rational dimensions to sharia economic law products that are born in economic ijtihad activities contemporary sharia. Islamic banking, which is growing and developing in the country, is currently increasingly in demand by investors and potential investors. However, the problem is that people do not know how far the performance of Islamic banking is, when compared to the performance of conventional banks which first operated. This study is intended to compare the performance of the two banks, this is important so that investors, potential investors know and assess the performance of the two banks. Assessment of financial performance can be seen from the financial ratios of CAR, ROA, ROE, NPL, LDR, and BOPO. The research population is 14 Islamic commercial banks. The sample using purposive sampling, using 3 Islamic banks, Bank Negara Indonesia (BNI) Syariah, Bank Rakyat Indonesia (BRI) Syariah, Bank Mandiri Syariah and 115 conventional banks. Research data from the annual financial statements of the banks under study. The data analysis technique used the Mann-Whitney U Test. The results showed that there was no significant difference in the CAR ratio between Islamic banks and conventional banks. The ratio of ROA, ROE, NPL, LDR and BOPO there are significant differences between Islamic banks and conventional banks. The financial performance of Islamic banks is better in terms of the LDR ratio, while the financial performance of conventional banks is better in terms of the ratios of CAR, ROA, ROE, NPL, BOPO.Accounting as a complement (tahsiniyat) can turn into a necessity (hajiyat) at the maqashid level. Maqashid sharia is not the most decisive factor in giving birth to sharia economic products that can play a dual role as a tool of social control and socio-economic engineering to realize human benefit, sharia maqashid can provide philosophical and rational dimensions to sharia economic law products that are born in economic ijtihad activities contemporary sharia. Islamic banking, which is growing and developing in the country, is currently increasingly in demand by investors and potential investors. However, the problem is that people do not know how far the performance of Islamic banking is, when compared to the performance of conventional banks which first operated. This study is intended to compare the performance of the two banks, this is important so that investors, potential investors know and assess the performance of the two banks. Assessment of financial performance can be seen from the financial ratios of CAR, ROA, ROE, NPL, LDR, and BOPO. The research population is 14 Islamic commercial banks. The sample using purposive sampling, using 3 Islamic banks, Bank Negara Indonesia (BNI) Syariah, Bank Rakyat Indonesia (BRI) Syariah, Bank Mandiri Syariah and 115 conventional banks. Research data from the annual financial statements of the banks under study. The data analysis technique used the Mann-Whitney U Test. The results showed that there was no significant difference in the CAR ratio between Islamic banks and conventional banks. The ratio of ROA, ROE, NPL, LDR and BOPO there are significant differences between Islamic banks and conventional banks. The financial performance of Islamic banks is better in terms of the LDR ratio, while the financial performance of conventional banks is better in terms of the ratios of CAR, ROA, ROE, NPL, BOPO.
Transaksi Berjangka Komoditas Pertanian di Desa Sukorejo Perspektif Islam
Full text linkNowadays, there are many forms of buying and selling transactions that are developing in the community, one of which is using the futures model on agricultural commodities in Sukorejo Village, Sukorejo District, Ponorogo Regency. The characteristic of this transaction is that the middleman buys agricultural commodities at a higher price than the current market price but the payment is made at a later date. This transaction was motivated by several farmers who found that their harvests were not good due to a lack of personnel in maintaining agricultural products, in addition to unstable price fluctuations due to the COVID-19 pandemic that occurred in Indonesia. Over time, this futures transaction has an impact on the community, namely the harmony of the community is reduced. This research is a field research using descriptive qualitative method. While the purpose of this study is to discuss the validity of the contract and the social impacts that occur from the futures transaction from an Islamic perspective. The conclusion that can be drawn from this research is that futures transactions are valid by contract because in Islam it is also known as Nasi'ah buying and selling. Whereas in the aspect of social impact, in principle, this transaction is worth maslahah because the majority of people feel helped.
Implementasi Kepatuhan Syariah Pada Produk-Produk Pembiayaan di Bayt Al-Mal Surya Mandiri Cabang Pembantu Jetis
Full text linkThe Sharia Economic Law Compilation determines that the field of business to be carried out and the distribution of profits between the two parties must be stated clearly and definitely, as well as according to the agreement. In practice, mudarabah financing at BMT Surya Mandiri Capem Jetis only conducts surveys related to customer conditions without surveying the business fields carried out by customers, so the financing is sometimes used for consumptive needs. While profit sharing is considered less clear and definite, where profits should be shared, BMT only determines the percentage of profit itself without determining the percentage of profits that the customer as manager. In this study, the author looks at how KHES reviews the determination of business fields and profit sharing on financing products at BMT Surya Mandiri Sub Branch Jetis. From this research, it can be concluded that determination of business fields by KHES is financing provided to customers for business capital or increasing business capital. The financing is used for productive and profitable business fields. Meanwhile, the business fields not by the KHES are financing provided to meet the consumptive needs of customers, not for the business sector. The capital is used to meet personal needs that are not profitable. Furthermore, BMT only determines the percentage of its profit and includes the number of instalments and customer services each month without determining the percentage of profit that is part of the manager, so it is not by the provisions of KHES
The Relevance of Ibn Khaldun’s Economic Thought on The Prices Mechanism in The Modern Economy
Full text linkIbn Khaldun is known as one of the Muslim scholars who made significant contributions to the social sciences, including economics. Ibn Khaldun developed his thoughts on the price mechanism in the market by looking at the condition of Andalusian society at that time. This study aims to discover Ibn Khaldun's thoughts regarding the price mechanism, both from the supply and demand sides, and whether these thoughts remain relevant to today's economic phenomena. The results of the analysis show that naturally, the price in the market is formed due to the process of attraction between demand and supply. This research found that people's tastes are a factor that shifts the demand curve. Meanwhile, product scarcity and production costs shift the supply curve. Ibn Khaldun's thought aligns with modern economic theory and remains relevant to present economic phenomena.Ibn Khaldun is known as one of the Muslim scholars who made significant contributions to the social sciences, including economics. Ibn Khaldun developed his thoughts on the price mechanism in the market by looking at the condition of Andalusian society at that time. This study aims to discover Ibn Khaldun's thoughts regarding the price mechanism, both from the supply and demand sides, and whether these thoughts remain relevant to today's economic phenomena. The results of the analysis show that naturally, the price in the market is formed due to the process of attraction between demand and supply. This research found that people's tastes are a factor that shifts the demand curve. Meanwhile, product scarcity and production costs shift the supply curve. Ibn Khaldun's thought aligns with modern economic theory and remains relevant to present economic phenomena
Implementasi Maqashid Syariah dalam Pemberdayaan Ekonomi Masyarakat
Full text linkPoverty is a social problem that must be immediately eradicated in people's lives. If there is no serious action to eliminate it, there will be many problems that arise due to poverty, such as crime, crime; even a strong person's faith can become weak when poverty strikes. one effort to reduce the level of poverty that exists, namely by empowering the community through the business sector (industry) to improve economic welfare. Islamic economic welfare is divided into 2, namely the welfare of the world and the hereafter. Welfare is material and spiritual welfare. Material welfare is obtained by increasing income to meet life's needs, while spiritual welfare draws closer to Allah SWT by maintaining maqashid sharia. The goal and hope of this Maqashid Syariah in improving the community's economy are to produce prosperity for the community itself, both in this world and in the hereafter
MaqÄshid Sharia-Based Zakat Distribution Model: Zakat Distribution Program in National Zakat Agency DKI Jakarta
No full textBased on Law Number 23 of 2011 concerning Zakat Management, which strengthens BAZNAS as an institution authorized to manage Zakat responsible for supervising zakat management based on Islamic law, mandate, benefit, justice, legal certainty, integration, and accountability, the purpose of this article is to explain how BAZNAS distributes Zakat in DKI Jakarta. The research method involves literature, including websites, books from the National Amil Zakat Agency, and articles on the studied topics. The National Amil Zakat Agency (BAZNAS) distributes economic empowerment, economic programs, and educational programs from the point of view of dharuriyat (faith, soul, descent, reason, and wealth), hajiyyat, and tahsiniyat (BAZNAS). Regarding MaqÄshid Sharia, this paper concludes that the "Jak B Be Taqwa" program, the "Jak B Cerdas" program, the "Jak B Sehat" program, the "Jak B Hijau" program, and the "Jak B Berdaya" program implemented from 2019 to 2022 are a form of implementation of the MaqÄshid Sharia -based zakat distribution model by BAZNAS in DKI Jakarta.Based on Law Number 23 of 2011 concerning Zakat Management, which strengthens BAZNAS as an institution authorized to manage Zakat responsible for supervising zakat management based on Islamic law, mandate, benefit, justice, legal certainty, integration, and accountability, the purpose of this article is to explain how BAZNAS distributes Zakat in DKI Jakarta. The research method involves literature, including websites, books from the National Amil Zakat Agency, and articles on the studied topics. The National Amil Zakat Agency (BAZNAS) distributes economic empowerment, economic programs, and educational programs from the point of view of dharuriyat (faith, soul, descent, reason, and wealth), hajiyyat, and tahsiniyat (BAZNAS). Regarding MaqÄshid Sharia, this paper concludes that the "Jak B Be Taqwa" program, the "Jak B Cerdas" program, the "Jak B Sehat" program, the "Jak B Hijau" program, and the "Jak B Berdaya" program implemented from 2019 to 2022 are a form of implementation of the MaqÄshid Sharia -based zakat distribution model by BAZNAS in DKI Jakarta