AL-MUZARA'AH
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163 research outputs found
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Non-Muslim Customer Preferences towards Islamic Banks in Semarang
Full text linkThe prohibition of riba is applied by all religions. Islamic banking has a potential to attract non-Muslim customers. Semarang, both the regency and the city, has the largest non-Muslim population in Central Java. Currently, the number customers using Islamic banks has reached 22 million in 2017. This nominal can be escalated by elaborating non-Muslim preference towards Islamic banks. Therefore, this study aims to determine the factors that influence the preferences of non-Muslim customers towards Islamic banks in Semarang regency and the city. There are 120 respondents who have been interviewed, consisting of 60 respondents are Islamic bank customers and 60 respondents are conventional bank customers. They are selected based on non-probability sampling technique. Logistic regression method is employed to analyze the data. Results show the preferences of non-Muslim customers using Islamic banks are knowledge, profit sharing, religions, administrative profit, and income. Islamic banks can target non-Muslim customers through actively involved in disseminating Islamic financial products
Movements of Islamic Stock Indices in Selected OIC Countries
Full text linkThis study reviews the movement of Islamic stock indices in selected countries in the Organization of Islamic Cooperation (OIC) with high number of muslim population namely Indonesia, Malaysia, Turkey, Qatar, Bahrain, and Oman. The objectives are to examine the changes in cross market linkage among six selected OIC countries during crisis and after 2007 crisis and to analyze whether the international investor can gain benefit when allocating their funds across these markets. The set of relationship for each pair of Islamic stock index is analyzed using Engel-Granger (1987) and Autoregressive Distribution Lagged (ARDL) bound testing approach. The analysis is made for the sub period during crisis is 3 September 2007 – 11 January 2010 and post crisis is 18 January 2010 – 30 April 2013. The result depicts that there are evidences of cointegration among the Islamic stock markets after crisis but not during crisis. The long-run relationship indicates that investors can gain portfolio diversification benefit across these six countries
Pengungkapan Islamic Social Reporting pada Perusahaan di Jakarta Islamic Index
Full text linkIslamic Social Reporting (ISR) is a benchmark for reporting Islamic-based social performance to companies. However, the development of ISR is currently not growing rapidly in Indonesia because there are no regulations that regulate sharia social responsibility reporting standards. Increased disclosure of Islamic social performance is expected to influence the decisions of muslim investors in choosing sharia shares in companies listed in the Jakarta Islamic Index. This study aims to analyze corporate social responsibility (CSR) disclosures in sharia and the factors that influence them. The data used are annual reports of companies registered in JII from 2012 to 2015, 14 of which were selected from 30 companies. The method used in this study is panel data regression with the fixed effect model (FEM) approach. The results of the analysis show that of the five variables that allegedly influence the level of ISR disclosure, three variables, namely company size have a positive effect, firm age and leverage have a significant negative effect on ISR disclosure. The other two variables, namely the number of board of commissioners and profitability have no effect on ISR disclosure
Bagaimana Mengembangkan Industri Fintech Syariah di Indonesia? Pendekatan Interpretive Structural Model (ISM)
Full text linkFintech in Indonesia is an untapped market opportunity. As a country with the largest muslim population in the world, the prospect of Islamic fintech in Indonesia is very good. This study tries to answer the problems that occur, strategy, and stakeholders involved in developing Islamic fintech in Indonesia using the Interpretive Structural Model (ISM) approach. The core problem faced in developing the Islamic finance technology industry is the lack of policy instruments that maintain the work process of fintech and the availability of human resources for fintech. The strategy needed in the framework of developing Islamic fintech is the ability to manage and analyze data in the big data era and human resources in digital marketing. For ecosystem aspects or actors involved in developing Islamic fintech in Indonesia, important actors include government or regulators, educational institutions (universities), as well as existing industries (banks and other financial institutions).
Produk Roti dalam Pola Konsumsi Pangan dan Keberadaan Label Halal dalam Keputusan Konsumsi Masyarakat (Kasus: Kota Bogor)
Full text linkThe pattern of bread consumption has increased significantly compared to the increase in the average in rice consumption. However, the increase in bread consumption was not balanced by the increase in the producers’ awareness to have halal certificate. Meanwhile, halal certified products are only about 11.6% of the total existing products in Indonesia. For this reason, this study aims to analyze the consumption pattern of bread products, consumer’s perceptions of the halal labels and their influence on the decision to purchase halal-labeled bread products , and factors that influence the decision. The method used in this research are logistic regression and qualitative descriptive. The results of the analysis shows that bread products are the second source of carbohydrates after rice and the higher the income class have a higher level of bread product consumption. Based on the consumer’s perception, the existence of the halal label in packaging of bread products is a main consideration in the decision of purchasing bread products for most of households consumers, but the perception and a fact of the purchasing have not been consistent. The results of the logistic regression analysis shows that the variable of halal awareness, duration of education, dummy of origin area, and dummy of lower income class significantly affect the decision of bread products consumption
Dampak Kondisi Makroekonomi terhadap Deposito Perbankan Syariah di Indonesia
Full text linkChanges in macroeconomic conditions have an impact towards financial industry, particularly in the banking industry. This research aims to look at the impact of global financial crisis and macreconomic variables towards the total deposits of Islamic banking in Indonesia with the VECM method. The period of this study using monthly data from January 2006 until December 2016. The results showed that the global financial crisis has no effect towards the total deposits of Islamic banking in Indonesia. Then, based on the analysis of Impulse Response Function (IRF), the response of total deposits of Islamic banking in Indonesia towards inflation, equivalent rate and lending rate is positive. While the shocks level of conventional banking interest rate and industrial growth is negatively responded by total deposits in Islamic banking. The Forecast Error Variance Decomposition (FEVD) analysis results showed that equivalent rate and interest rate offered by each banking system give most contributed among other variables
Efisiensi Asuransi Syariah di Indonesia dengan pendekatan Data Envelopment Analysis
Full text linkThe purpose of this study is to estimate the efficiency level of Islamic insurance companies in Indonesia. The data used are taken from each financial report of 14 Islamic life insurance companies and 12 Islamic general insurance in the period 2013-2015. Efficiency score estimation is done by using Data Envelopment Analysis (DEA) method. There are three input variables, namely asset, load, claim payment and two output variables, namely income and tabarru’ funds obtained. The results show that islamic life insurance and islamic general insurance companies in Indonesia have not been operating efficiently.
Faktor-faktor yang Memengaruhi Keberhasilan Usaha Mustahik pada Program Zakat Produktif di LAZ An-Nuur
No full textThe high level of poverty in Indonesia becomes one of the problems that have not been successfully overcame by the government. Bogor Regency is the district with the poorest population in West Java Province in 2016. Many programs have been undertaken to overcome these problems by government of Bogor Regency. One of them is by optimizing the utilization of productive zakat conducted by Lembaga Amil Zakat (LAZ). LAZ An-Nuur established mustahik empowerment program by providing productive zakat in the form of financing for entrepreneurship. This study aims to analyze the factors that influence the success of a mustahik’s business in utilizing the productive zakat given by LAZ An-Nuur. The method used in this research is descriptive analysis and logistic regression analysis. Respondents in this study consisted of 48 beneficiaries of productive zakat funds. The results show that the factors that proved to influence the success of LAZ An-Nuur mustahik’s business are the age, length of business, business profits, and the frequency of financing
Dampak Zakat terhadap Kemiskinan dan Kesejahteraan Mustahik (Kasus : BAZNAS Provinsi Jawa Tengah)
Full text linkPoverty is one of Indonesia\u27s problems. One of the instruments used to reduce poverty is zakat. This study aims to analyze the impact of zakat on poverty and welfare of mustahik. The method used in this research is the interview with the questionnaire. The method of the sampling used purposive. The analysis tool used CIBEST model. The results show that the index value of Islamic poverty without and with zakat has not changed
Analisis Pengaruh Faktor Non-Ekonomi terhadap Sikap Pedagang Madura dalam Membayar Zakat Perdagangan
Full text linkZakah maal is one of the kind of zakat that must be paid by muslims who work as traders and have the treasures that reach nisab, haul, and also fulfill other conditions. The purpose of this research is to know the influence of non-economic factors namely knowledge of zakah on trade (X1), work environment (X2), religiosity (X3), and education (X4) on the attitudes of Madurese traders in Malang in paying zakah on trade (Y). The method used in this study is multinomial logit analysis. The results of this study indicate that simultaneously the knowledge (X1), work environment (X2), religiosity (X3), and education (X4) significantly influence the attitude of Madurese traders in paying zakah on trade (Y). Further partially, Madurese traders\u27 attitude in paying zakah on trade (Y) is influenced by knowledge (X1), work environment (X2), religiosity (X3), and education (X4)