Jurnal Ekonomi Syariah Teori dan Terapan https://e-journal.unair.ac.id/JESTT <p>Jurnal Ekonomi Syariah Teori dan Terapan (JESTT) with registered number ISSN <a title="ISSN Print" href="https://issn.lipi.go.id/terbit/detail/1414496979" target="_self">2407-1935</a> (Print) and ISSN <a title="ISSN Online" href="https://issn.lipi.go.id/terbit/detail/1450846075" target="_self">2502-1508</a> (Online) was published by the Department of Islamic Economics, Faculty of Economics and Business, Universitas Airlangga to disseminate collaborative research of lecturers and students in the fields of Islamic Economics, Islamic finance, Islamic Social Finance, Islamic Business and Management, and Islamic Accounting to academics, practitioners and students as well as interested parties</p><p>JESTT accepts article submissions written in Indonesian and in English. Determination of articles published in JESTT is through a review process by the best partner of JESTT by considering, among others: fulfillment of the standard requirements of journal publications, research methods used, significance, and contribution to the results of research on professional development and education in Islamic Economics.</p><p>Jurnal Ekonomi Syariah Teori dan Terapan (JESTT) has been certificated as an accreditated Scientific Journal by <strong>The Indonesian Ministry of Research, Technology and Higher Education</strong> (RISTEKDIKTI) since Vol 3 No.1, 2016. Update Accreditation Number:<a href="https://drive.google.com/file/d/1Ed3rZ7Q3aEIeL77BhDYe6-gW99akXYe8/view?usp=sharing"> NOMOR 21/E/KPT/2018</a> valid until Vol 7 No. 12, 2020 (<a href="https://drive.google.com/open?id=12oeoasJ_jdVK7V2_rBYV5LOsJE0KLfMc">Download Certificate</a>).</p>The journal is currently indexed in <a href="https://scholar.google.co.id/citations?user=4p6RWDMAAAAJ&amp;hl=id&amp;authuser=1" target="_blank">Google Scholar</a>, <a href="http://sinta.ristekbrin.go.id/journals/detail?id=3697" target="_blank">Sinta Indonesia</a>, <a href="https://www.neliti.com/id/journals/jurnal-ekonomi-syariah-teori-dan-terapan/catalogue" target="_blank">Neliti</a>, <a href="http://garuda.ristekbrin.go.id/journal/view/8147" target="_blank">Garuda</a>, <a href="https://portal.issn.org/resource/ISSN/2502-1508" target="_blank">ROAD</a>, <a href="https://search.crossref.org/?q=Jurnal+ekonomi+syariah+teori+Dan+terapan&amp;from_ui=yes">Crossref</a>, <a href="https://app.dimensions.ai/discover/publication?search_mode=content&amp;or_facet_source_title=jour.1392947">Dimensions</a>, <a href="http://isjd.pdii.lipi.go.id/index.php/public_no_login/index_direktori/111336">ISJD</a>, <a href="https://www.base-search.net/Search/Results?lookfor=jurnal%20ekonomi%20syariah%20teori%20dan%20terapan&amp;type=all&amp;oaboost=1&amp;refid=dcsoren&amp;sort=dctitle_sort%20asc,id%20asc">Base</a>, <a href="https://www.worldcat.org/search?q=jurnal+ekonomi+syariah+teori+dan+terapan&amp;qt=results_page#x0%253Aartchap-formathttps://www.worldcat.org/search?q=jurnal+ekonomi+syariah+teori+dan+terapan&amp;qt=results_page#x0%253Aartchap-format">WorldCat</a> and <a href="https://www.scilit.net/journal-articles?q=journal_id%3A%286020354%29">Scilit</a>. en-US <div>Authors who publish with JESTT (Jurnal Ekonomi Syariah Teori and Terapan) agree to the following terms:</div><div>1. 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The legal formal aspect of journal publication accessibility refers to Creative Common Attribution-NonCommercial-ShareAlike (CC BY NC SA).</div><strong><a href="http://creativecommons.org/licenses/by-nc-sa/4.0/" rel="license">Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License</a>.</strong><div> </div><p> <img src="http://i.creativecommons.org/l/by-nc-sa/4.0/88x31.png" alt="Creative Commons License" /></p><p><span>JESTT by </span><a href="/index.php/JESTT" rel="cc:attributionURL">Universitas Airlangga</a><span> is licensed under a </span><a href="http://creativecommons.org/licenses/by-nc-sa/4.0/" rel="license">Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License</a><span>.</span></p> noven.suprayogi@feb.unair.ac.id (Noven Suprayogi) fatin.fadhilah@feb.unair.ac.id (Fatin Fadhilah Hasib) Tue, 31 May 2022 00:00:00 +0000 OJS http://blogs.law.harvard.edu/tech/rss 60 Journal Cover Vol 9, No 3 (2022) https://e-journal.unair.ac.id/JESTT/article/view/36242 Journal Cover Copyright (c) 2022 http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/36242 Tue, 31 May 2022 00:00:00 +0000 Back Matter Vol 9, No 3 (2022) https://e-journal.unair.ac.id/JESTT/article/view/36244 Back Matter Copyright (c) 2022 http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/36244 Tue, 31 May 2022 00:00:00 +0000 Efek Asimetris Spillover Indeks Syariah Amerika Serikat dan Cina terhadap Indeks Syariah ASEAN selama Pandemi Covid-19 https://e-journal.unair.ac.id/JESTT/article/view/32253 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Penelitian ini bertujuan untuk menguji spillover effect indeks saham syariah Amerika Serikat dan Cina terhadap indeks saham syariah ASEAN dengan menggunakan metode Nonlinier Autoregressive Distributed Lag (NARDL) untuk menemukan spillover effect yang bersifat asimetris selama pandemi Covid-19. Data yang diamati dimulai pada 1 Januari 2020 sampai dengan 30 September 2021 dengan total observasi sebanyak 336 data untuk masing-masing indeks saham. Penelitian ini mendapatkan beberapa temuan. Pertama, indeks saham syariah Amerika Serikat dan Cina memiliki pengaruh asimetris jangka pendek terhadap indeks saham syariah Indonesia, Malaysia dan Thailand selama pandemi Covid-19. Kedua, indeks saham syariah Amerika Serikat dan Cina hanya memiliki pengaruh asimetris jangka panjang terhadap indeks saham syariah Malaysia selama pandemi Covid-19. Ketiga, efek ketika terjadi penurunan indeks saham syariah Amerika Serikat dan Cina lebih besar dibandingkan pada saat terjadi kenaikan terhadap indeks saham syariah Malaysia selama pandemi Covid-19. Salah satu penyebab hubungan tersebut adalah karena adanya hubungan dagang yang sangat erat antara Amerika Serikat dan Cina terhadap Malaysia. Adapun implikasi dari penelitian ini adalah investor internasional dapat menjadikan hasil penelitian ini sebagai bahan pengambilan keputusan apabila terjadi kontraksi akibat krisis seperti pada saat pandemi Covid-19 terhadap indeks saham syariah Amerika Serikat dan Cina untuk mempertahankan maupun menjual portofolio investasi mereka.</p> <p><strong>Kata Kunci: <em>Spillover</em>, Indeks Syariah, Asimetris, Covid-19.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This study aims to examine the spillover effect of Islamic stock indexes of the United States and China on the ASEAN Islamic stock index using the Nonlinear Autoregressive Distributed Lag (NARDL) method to find asymmetric spillover effects during the Covid-19 pandemic. The observed data starts on January 1, 2020, until September 30, 2021, with a total of 336 observations for each stock index. This study found some findings. First, the Islamic stock indexes of the United States and China have a short-term asymmetric influence on the Islamic stock indices of Indonesia, Malaysia, and Thailand during the Covid-19 pandemic. Second, the Islamic stock indexes of the United States and China have only a long-term asymmetric influence on Malaysia's sharia stock indexes during the Covid-19 pandemic. Third, the effect when there is a decline in Islamic stock indexes of the United States and China is greater than when there is an increase in the Malaysian sharia stock index during the Covid-19 pandemic. One of the reasons for this relationship is the very close trade relationship between the United States and China with Malaysia. </em><em>The r</em><em>esearch implication</em><em> of this study is that</em><em> international investors can use the results of this research as a decision-making material in the event of a contraction due to the crisis (one of which is the Covid-19 pandemic) in the United States and China Islamic stock indexes to maintain or sell their investment portfolios.</em></p> <p><strong><em>Keywords: Spillover, Islamic Index, Asymmetric, Covid-19.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Abdullahi, S. I. (2021). Islamic equities and covid-19 pandemic: Measuring Islamic stock indices correlation and volatility in period of crisis. <em>Islamic Economic Studies, 29</em>(1), 50-66. https://doi.org/10.1108/IES-09-2020-0037</p> <p>Aslam, F., Mohmand, Y. T., Ferreira, P., Memon, B. A., Khan, M., &amp; Khan, M. (2020). Network analysis of global stock markets at the beginning of the coronavirus disease (covid-19) outbreak. <em>Borsa Istanbul Review</em>, <em>20</em>, 49–61. https://doi.org/10.1016/j.bir.2020.09.003</p> <p>Azhar, J. A., Wulandari, R., &amp; Kalijaga, U. I. N. S. (2021). Stock performance based on sharia stock screening: Comparasion between syariah stock indices of Indonesia and Malaysia. <em>1</em>(1), 14–26. https://doi.org/10.20885/AMBR.vol1.iss1.art2</p> <p>Baek, S., Mohanty, S. K., &amp; Glambosky, M. (2020). Covid-19 and stock market volatility: An industry level analysis. <em>Finance Research Letters</em>, <em>37</em>(January), 1-10. https://doi.org/https://doi.org/10.1016/j.frl.2020.101748</p> <p>Dizioli, A., Guajardo, J., Klyuev, VladimirMano, R., &amp; Raissi, M. (2016). Spillovers from China’s growth slowdown and rebalancing to the ASEAN-5 economies. <em>IMF Working Papers</em>, <em>16</em>(170), 1. https://doi.org/10.5089/9781475524260.001</p> <p>Forbes, K. J., &amp; Rigobon, R. (2002). No contagion, only interdependence: Measuring stock market comovements. <em>Journal of Finance</em>, <em>57</em>(5), 2223–2261. https://doi.org/10.1111/0022-1082.00494</p> <p>Hasan, M. B., Mahi, M., Sarker, T., &amp; Amin, M. R. (2021). Spillovers of the covid-19 pandemic: Impact on global economic activity, the stock market, and the energy sector. <em>Journal of Risk and Financial Management</em>, <em>14</em>(5), 200. https://doi.org/10.3390/jrfm14050200</p> <p>He, Q., Liu, J., Wang, S., &amp; Yu, J. (2020). The impact of covid-19 on stock markets. <em>Economic and Political Studies</em>, <em>0</em>(0), 275–288. https://doi.org/10.1080/20954816.2020.1757570</p> <p>Hung, N. T. (2019). Return and volatility spillover across equity markets between China and Southeast Asian countries. <em>Journal of Economics, Finance and Administrative Science</em>, <em>24</em>(47), 66–81. https://doi.org/10.1108/JEFAS-10-2018-0106</p> <p>International Monetary Fund. 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Retrieved from https://www.nbp.pl/publikacje/materialy_i_studia/315_en.pdf</p> <p>Thai Hung, N. (2019). Equity market integration of China and Southeast Asian Countries: Further Evidence from MGARCH-ADCC and wavelet coherence analysis. <em>Quantitative Finance and Economics</em>, <em>3</em>(2), 201–220. https://doi.org/10.3934/qfe.2019.2.201</p> <p>Thomson Reuters Practical Law. (2021). <em>International trade in goods and services in Malaysia: Overview</em>. Retrieved from https://uk.practicallaw.thomsonreuters.com/w-017-9602?transitionType=Default&amp;contextData=(sc.Default)&amp;firstPage=true</p> <p><em>Trade between Malaysia and China reached new high in 2020 despite Covid</em>. (2021). Retrieved from https://www.freshplaza.com/article/9293748/trade-between-malaysia-and-china-reached-new-high-in-2020-despite-covid/</p> <p>United States Census Bureau. (2021). <em>Trade in goods with Malaysia</em>. Retrieved from https://www.census.gov/foreign-trade/balance/c5570.html</p> <p>Vo, X. V., &amp; Tran, T. T. A. (2019). Modelling volatility spillovers from the US equity market to ASEAN stock markets. <em>Pacific Basin Finance Journal</em>, <em>59</em>(February 2020), https://doi.org/10.1016/j.pacfin.2019.101246</p> <p>Wang, Q., &amp; Han, X. (2021). Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries. <em>Environmental Research</em>, <em>196</em>(February). https://doi.org/10.1016/j.envres.2021.110936</p> <p>Wycislak, S. (2014). Contagion effect and organization. <em>European Scientific Journal</em>, <em>10</em>(1), 17–26. https://doi.org/10.19044/esj.2014.v10n1p%25p</p> <p>Yan, B., Stuart, L., Tu, A., &amp; Zhang, Q. (2020). Analysis of the effect of covid-19 on the stock market and investing strategies. <em>SSRN Electronic Journal</em>. https://doi.org/10.2139/SSRN.3563380</p> <p>Yan, C. (2020). COVID-19 Outbreak and stock prices: Evidence from China. <em>SSRN Electronic Journal</em>. https://doi.org/10.2139/SSRN.3574374</p> <p>Yujing, O. (2021). <em>China-Malaysia diplomatic relations – sailing towards a brighter future</em>. Retrieved from https://www.thestar.com.my/opinion/letters/2021/05/31/china-malaysia-diplomatic-relations---sailing-towards-a-brighter-future</p> </td> </tr> </tbody> </table> Achmad Jufri, Masriani Adhillah, Abdul Qoyum Copyright (c) 2022 Achmad Jufri, Masriani Adhillah, Abdul Qoyum http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/32253 Tue, 31 May 2022 00:00:00 +0000 Diversifikasi, Bank Karakteristik, dan Profitabilitas Bank Umum Syariah di Indonesia https://e-journal.unair.ac.id/JESTT/article/view/25628 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Pesatnya perkembangan perbankan syariah di Indonesia menimbulkan tantangan baru bagi bank syariah untuk lebih mendiversifikasi kegiatannya. Penelitian ini bermaksud untuk menganalisis dampak diversifikasi dan karakteristik bank pada profitabilitas bank umum syariah di Indonesia tahun 2015-2019 secara parsial maupun simultan. Diversifikasi diproksikan dengan diversifikasi pembiayaan berdasarkan akad dan diversifikasi pendapatan yang diukur menggunakan 1 - HHI (Herfindahl-Hirschman Index), sedangkan karakteristik bank diproksikan dengan non-performing financing dan ukuran bank. Menggunakan pendekatan kuantitatif dengan metode regresi data panel. Hasil menunjukkan secara parsial diversifikasi pembiayaan dan risiko pembiayaan berdampak signifikan negatif, ukuran bank berdampak positif signifikan, sedangkan diversifikasi pendapatan tidak berdampak signifikan terhadap profitabilitas BUS di Indonesia. Secara simultan diversifikasi dan karakteristik bank berpengaruh signifikan terhadap profitabilitas BUS di Indonesia.</p> <p><strong>Kata Kunci: Profitabilitas, diversifikasi pembiayaan, diversifikasi pendapatan, risiko pembiayaan, ukuran bank.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>The rapid development of Islamic banking in Indonesia creates a new challenge for sharia banks to diversify. This study aims to investigate the impact of diversification and bank characteristics on the profitability of sharia commercial banks in Indonesia in 2015-2019 partially and simultaneously. In this study, diversification </em><em>was </em><em>proxied </em><em>by </em><em>financing diversification based on cont</em><em>r</em><em>acts and revenue diversification measured using 1</em> <em>- HHI (Herfindahl-Hirschman Index), while bank characteristics </em><em>were </em><em>proxied </em><em>by </em><em>non-performing financing and bank size. Using a quantitative approach with panel data regression analysis. This study uses purposive sampling. The result</em><em>s</em><em> show that partially, diversification and financing risk has a significant negative impact, bank size has a significant positive impact, while income diversification does not have a significant impact on the profitability of sharia commercial banks in Indonesia. Simultaneously, diversification and bank characteristics have a significant effect on the profitability of sharia commercial banks in Indonesia.</em></p> <p><strong><em>Keywords: Profitability, financing diversification, income diversification, financing risk, and bank size.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Al-Harbi, A. (2019). 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Kemampuan prediksi rasio keuangan dan ukuran bank pada risiko gagal bank. <em>E-Jurnal Akuntasi Universitas Udayana</em>, <em>2</em>(12), 172–187.</p> <p>Ristia, H. Y. (2018). Faktor-faktor yang mempengaruhi profitabilitas bank umum syariah di Indonesia. <em>Jurnal Ecodemica, 2</em>(1), 74-85.</p> <p>Samad, A. (2016). Are Islamic banks’ non-bank deposits shock resistant ? A comparison with conventional banks: Evidence from Bahrain. <em>Journal of Applied Finance &amp; Banking</em>, <em>6</em>(5), 107–117.</p> <p>Sari, I. A., &amp; Wiratno, A., Suyono, E. (2014). Pengaruh strategi diversifikasi dan karakteristik perusahaan terhadap kinerja perusahaan. <em>Journal of Auditing, Finance, and Forensic Accounting,</em> <em>2</em>(1), 13–22. https://doi.org/10.21107/jaffa.v2i1.757</p> <p>Setiawan, R., &amp; Shabrina, A. (2018). Diversifikasi pendapatan, kepemilikan pemerintah, kinerja dan risiko bank. <em>Jurnal Dinamika Ekonomi &amp; Bisnis</em>, <em>15</em>(1), 49–59. https://doi.org/10.34001/jdeb.v15i1.917</p> <p>Siyoto, S., &amp; Sodik, M. A. (2015). <em>Dasar metodologi penelitian</em>. Yogyakarta: Literasi Media Publishing.</p> <p>Tjiptono. (2001). <em>Manajemen pemasaran dan analisa perilaku konsumen</em>. Yogyakarta: BPFE.</p> <p>Trinugroho, I., Risfandy, T., &amp; Doddy, M. (2018). Competition, diversification, and bank margins: Evidence from Indonesian Islamic rural banks. <em>Borsa Istanbul Review, 18</em>(4), 349-358<em>. </em>https://doi.org/10.1016/j.bir.2018.07.006</p> <p>Wu, J., Chen, L., Chen, M., &amp; Nam, B. (2020). Diversification, efficiency and risk of banks: Evidence from emerging economies. <em>45</em>(December 2020). https://doi.org/10.1016/j.ememar.2020.100720</p> <p>Yusuf, M. (2017). Dampak indikator rasio keuangan terhadap profitabilitas bank umum syariah di Indonesia. <em>Jurnal Keuangan dan Perbankan</em>, <em>13</em>(2), 141–151.</p> </td> </tr> </tbody> </table> Annisa Ayusaleha, Nisful Laila Copyright (c) 2022 Annisa Ayusaleha, Nisful Laila http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/25628 Tue, 31 May 2022 00:00:00 +0000 Anteseden Minat Muslim untuk Membeli Makanan Korea Halal: Studi di Indonesia https://e-journal.unair.ac.id/JESTT/article/view/34874 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Penelitian ini bertujuan untuk menginvestigasi faktor-faktor yang memengaruhi Muslim di Indonesia berniat untuk membeli makanan Korea bersertifikasi Halal MUI. Metode sampling yang digunakan yaitu teknik purposive sampling dengan kriteria Muslim di Indonesia yang mengetahui makanan Korea bersertifikasi Halal MUI dan berusia &gt; 18 tahun. Penelitian ini mendapatkan 190 responden dan data diolah menggunakan metode PLS-SEM. Variabel yang digunakan dalam penelitian ini yaitu pengetahuan tentang makanan Halal, sikap, religiusitas, dan niat beli. Hasil dari penelitian ini menunjukkan bahwa pengetahuan tentang makanan Halal dan religiusitas memengaruhi sikap terhadap makanan Korea bersertifikasi Halal MUI secara positif dan signifikan. Pengetahuan tentang makanan Halal dan sikap juga memengaruhi niat beli makanan Korea bersertifikasi Halal MUI secara positif dan signifikan. Namun, religiusitas ditemukan tidak memengaruhi niat beli makanan Korea bersertifikasi Halal MUI. Hasil penelitian ini diharapkan dapat membantu pelaku bisnis pada industri makanan Korea untuk mengembangkan aspek apa saja yang dapat meningkatkan niat beli Muslim terhadap makanan Korea bersertifikasi Halal MUI.</p> <p><strong>Kata Kunci: pengetahuan, sikap, religiusitas, niat beli, makanan Korea, makanan halal.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This study aims to investigate factors that influence Indonesian Muslims to purchase Korean food with MUI Halal certification. This study uses a purposive sampling technique with criteria: Muslims in Indonesia who know Korean food with MUI Halal certification and aged &gt; 18 years. This study obtained 190 respondents and the data was processed using PLS-SEM method. The variables used in this study are knowledge of Halal food, attitudes, religiosity, and purchase intentions. The results of this study indicate that knowledge about Halal food and religiosity affects attitudes towards Korean food with MUI Halal certification positively and significantly. Knowledge about Halal food and attitudes also positively and significantly influence the intention to buy Korean food with MUI Halal certification. However, religiosity was found to not affect the intention to buy Korean food with MUI Halal certification. The results of this study are expected to help businesses in Korean food industry to develop aspects that can increase Muslim’s purchase intentions for MUI Halal certified Korean food.</em></p> <p><strong><em>Keywords: knowledge, attitude, religiosity, purchase intention, Korean food, halal food.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Abd Rahman, A., Asrarhaghighi, E., &amp; Ab Rahman, S. (2015). Consumers and halal cosmetic products: Knowledge, religiosity, attitude and intention. <em>Journal of Islamic Marketing</em>, <em>6</em>(1), 148–163. https://doi.org/10.1108/JIMA-09-2013-0068</p> <p>Aji, H. M. (2017a). Does skepticism toward halal label exist ? The empirical evidence from Indonesia <em>8th Global Islamic Marketing Conference</em><em> Proceedings, </em>184-195.</p> <p>Aji, H. M. (2017b). Examining the moderating role of high-versus-low scepticism toward halal labels: findings from Indonesia. <em>International Journal of Islamic Marketing and Branding</em>, <em>2</em>(4), 278. https://doi.org/10.1504/ijimb.2017.10010054</p> <p>Arli, D. and Tjiptono, F. (2014). The end of religion? Examining the role of religiousness, materialism, and long-term orientation on consumer ethics in Indonesia. <em>Journal of Business Ethics,</em> <em>123</em>(3), 385-400.</p> <p>Astuti, Y., &amp; Asih, D. (2021). Country of origin, religiosity and halal awareness: A case study of purchase intention of Korean food. <em>Journal of Asian Finance, Economics and Business</em>, <em>8</em>(4), 0413–0421. https://doi.org/10.13106/jafeb.2021.vol8.no4.0413</p> <p>Aziz, S., Md Husin, M., Hussin, N., &amp; Afaq, Z. (2019). Factors that influence individuals’ intentions to purchase family takaful mediating role of perceived trust. <em>Asia Pacific Journal of Marketing and Logistics</em>, <em>31</em>(1), 81–104. https://doi.org/10.1108/APJML-12-2017-0311</p> <p>Bashir, A. M. (2019). Effect of halal awareness, halal logo and attitude on foreign consumers’ purchase intention. <em>British Food Journal</em>, <em>121</em>(9), 1998–2015. https://doi.org/10.1108/BFJ-01-2019-0011</p> <p>Bohari, A. M., Hin, C. W., &amp; Fuad, N. (2013). An analysis on the competitiveness of halal food industry in Malaysia: An approach of SWOT and ICT strategy. <em>Malaysia Journal of Society and Space</em>, <em>9</em>(1), 1–11.</p> <p>Cooper, D. R., &amp; Schindler, P. S. (2014). <em>Business research methods</em><em>.</em> New York: Mcgraw-hill.</p> <p>Fathy, A., Younus, S., Rasheed, F., &amp; Zia, A. (2015). Identifying the factors affecting customer purchase intention. <em>Global Journal of Management and Business Research: Administration and Management</em>, <em>15</em>(2), 1–6.</p> <p>Fornell, C., Larcker, D. F. (1981). Evaluating structural equation models with unobservable variables and measurement error. <em>Journal of Marketing Research</em><em>, 18</em>(1), 39-50. https://doi.org/10.1177%2F002224378101800104</p> <p>Graafland, J. (2017). Religiosity, attitude, and the demand for socially responsible products. <em>Journal of Business Ethics</em>, <em>144</em>(1), 121–138. https://doi.org/10.1007/s10551-015-2796-9</p> <p>Hair, J., Hult, G. T., Ringle, C., &amp; Sarstedt, M. (2017). <em>A primer on partial least squares structural equation modeling (PLS-SEM)</em>. New York: Sage Publishing.</p> <p>Hennida, C. (2013). Corporate strategies in the spread of hallyu (Korean Wave) in Indonesia. <em>Mozaik</em>, <em>13</em>(2), 117–125. https://doi.org/10.20473/mozaik.v13i2.3833</p> <p>Jeong, J. S., Lee, S. H., &amp; Lee, S. G. (2017). When Indonesians routinely consume Korean pop culture: Revisiting Jakartan fans of the Korean drama Dae Jang Geum. <em>International Journal of Communication</em>, <em>11</em>, 2288–2307.</p> <p>Khan, A., Arafat, M. Y., &amp; Azam, M. K. (2020). Role of halal literacy and religiosity in buying intention of halal branded food products in India. <em>Journal of Islamic Marketing</em><em>, 13</em>(2), 287-308. https://doi.org/10.1108/JIMA-08-2019-0175</p> <p>Memon, Y. J., Azhar, S. M., Haque, R., &amp; Bhutto, N. A. (2020). Religiosity as a moderator between theory of planned behavior and halal purchase intention. <em>Journal of Islamic Marketing</em>, <em>11</em>(6), 1821–1836. https://doi.org/10.1108/JIMA-01-2019-0006</p> <p>Nadhifah, N., Eka, S., &amp; Tusita, A. (2019). <em>Halal Korean food and glocalization</em>. https://doi.org/10.4108/eai.23-3-2019.2284943</p> <p>Rizkitysha, T. L., &amp; Hananto, A. (2020). Do knowledge, perceived usefulness of halal label and religiosity affect attitude and intention to buy halal-labeled detergent? <em>Journal of Islamic Marketing</em><em>, </em>13(3), 649-670. https://doi.org/10.1108/JIMA-03-2020-0070</p> <p>Singhapakdi, A., Vitell, S. J., Lee, D. J., Nisius, A. M., &amp; Yu, G. B. (2013). The influence of love of money and religiosity on ethical decision-making in marketing. <em>Journal of Business Ethics</em><em>,</em><em> 114</em>(1), 183–191. https://doi.org/10.1007/s10551-012-1334-2.</p> <p>Usman, H., Chairy, C., &amp; Projo, N. W. K. (2021). Impact of Muslim decision-making style and religiosity on intention to purchasing certified halal food. <em>Journal of Islamic Marketing</em><em>, </em>Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JIMA-01-2021-0027</p> <p>Wang, Y., Wiegerinck, V., Krikke, H., &amp; Zhang, H. (2013). Understanding the purchase intention towards remanufactured product in closed-loop supply chains: An empirical study in China. <em>International Journal of Physical Distribution and Logistics Management</em>, <em>43</em>(10), 866–888. https://doi.org/10.1108/IJPDLM-01-2013-0011</p> </td> </tr> </tbody> </table> Nadia Firza Faradina, Istyakara Muslichah Copyright (c) 2022 Nadia Firza Faradina, Istyakara Muslichah http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/34874 Tue, 31 May 2022 00:00:00 +0000 Pengaruh Tracking Error dan Risiko terhadap Kinerja Reksa Dana Indeks Syariah di Indonesia https://e-journal.unair.ac.id/JESTT/article/view/29885 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Penelitian ini bertujuan untuk menganalisis pengaruh <em>tracking error</em> dan risiko terhadap kinerja reksa dana indeks syariah di Indonesia. Penelitian ini melakukan pengujian analisis regresi linier berganda pada lima sampel dengan menggunakan data nilai aktiva bersih dan return JII dan reksa dana indeks syariah yang terdaftar pada Otoritas Jasa Keuangan sampai Desember 2019. Hasil pengujian menunjukkan bahwa <em>tracking error</em> tidak memiliki pengaruh signifikan terhadap kinerja reksa dana indeks syariah dan tingkat risiko berpengaruh positif dan signifikan terhadap kinerja reksa dana indeks syariah.</p> <p><strong>Kata kunci: Kinerja reksa dana indeks syariah, Tracking error, Risiko, Analisis regresi linier berganda.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This study aims to analyze the impact of tracking error and risk on Islamic index mutual fund performance in Indonesia. </em><em>This study</em><em> ran multiple linear regression analyses on five samples using the net asset values and returns of JII and Islamic index mutual funds that are listed in the </em><em>Financial Services Authority using data </em><em>until December 2019. </em><em>The result </em><em>showed that tracking error had no significant effect on the performance of Islamic index mutual funds</em><em>, while </em><em>the level of risk had a significant positive effect on the performance of Islamic index funds.</em></p> <p><strong><em>Keywords: Islamic index mutual fund performance, Tracking error, Risk, Multiple linear regression analysis.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Adhi, N., Aji, D. 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Tracking errors of exchange traded funds and index funds. <em>WCOT</em> <em>Working Papers</em>, 1–24.</p> <p>Rivai, V., &amp; Veithzal A. P. (2008). <em>Islamic financial management</em>. Jakarta: RajaGrafindo Persada.</p> <p>Rompotis, G. G. (2009). Interfamily competition on index tracking: The case of the vanguard ETFs and index funds. <em>Journal of Asset Management, 10</em>(4), 263–278. http://dx.doi.org/10.1057/jam.2009.11</p> <p>Rudiyanto. (2016). <em>Seri panduan investasi: Reksa dana untuk pemula</em>. Jakarta: Elex Media Komputindo.</p> <p>Saritas, H. (2004). Indexing and index fund. <em>Dokuz Eylul Universitesi Iktisadi ve Idari Bilimler Dergisi</em><em>, 19</em>(1), 31–44.</p> <p>Samsul, M. (2006). <em>Pasar modal dan manajemen portofolio</em>. Surabaya: Erlangga.</p> <p>Sarkar, S. S., Dutta S., &amp; Dutta P. (2013). A review of Indian index funds. <em>Global Business Review, 14</em>(1), 89–98. https://doi.org/10.1177/0972150912466445</p> <p>Sart, C. F. D., &amp; Vuuren, G. W. V. (2021). Comparing the performance and composition of tracking error constrained and unconstrained portfolios. <em>Quarterly Review of Economics and Finance, 81</em>, 276–287. https://doi.org/10.1016/j.qref.2021.06.019</p> <p>Sivakumar, S. (2017). A comparative study on the performance of index funds<em>.</em> <em>International Journal of Current Research, 9</em>(10), 60007–60011.</p> <p>Soemitra, A. (2009). <em>Bank dan lembaga keuangan syariah</em>. Jakarta: Kencana.</p> <p>Strydom, B., Charteris A., &amp; McCullough K. (2016). The relative tracking ability of South African exchange traded funds and index funds. <em>Investment Analysts Journal, 44</em>(2), 117–133. https://doi.org/10.1080/10293523.2014.994454</p> <p>Tandelilin, E. (2010). <em>Portofolio dan investasi: Teori dan aplikasi</em>. Yogyakarta: Kanisius.</p> <p>Yuliana, I. (2010). <em>Investasi produk keuangan syariah</em>. Malang: UIN-Maliki Press.</p> <p><em>Vanguard. (2014). Understanding tracking difference and tracking error. Retrieved from https://www.vanguard.com.hk/documents/understanding-td-and-te-en.pdf</em></p> </td> </tr> </tbody> </table> Arni Dini Inayati, Imron Mawardi Copyright (c) 2022 Arni Dini Inayati, Imron Mawardi http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/29885 Tue, 31 May 2022 00:00:00 +0000 Perbandingan Kinerja Keuangan Perusahaan Asuransi Jiwa Full Syariah dan Unit Usaha Syariah di Indonesia Berdasarkan Rasio EWS dan RBC https://e-journal.unair.ac.id/JESTT/article/view/34360 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Perkembangan industri asuransi syariah saat ini mengalami pertumbuhan yang cepat sejalan dengan perkembangan perbankan syariah di Indonesia. Meski memiliki catatan pertumbuhan yang baik setiap tahunnya, bukan berarti perusahaan asuransi syariah memiliki kinerja keuangan yang baik. Maka, penelitian ini bertujuan untuk mengetahui perbedaan kinerja asuransi full jiwa dan perusahaan asuransi jiwa unit syariah dengan menggunakan rasio-rasio pada Early Warning System dan metode RBC untuk peninjauan pada tahun 2015-2020 di Indonesia. Uji Mann-Whitney digunakan sebagai metode analisis data untuk menjawab tujuan dalam peneltiian ini. Hasil analisis kinerja keuangan menunjukkan bahwa adanya perbedaan yang signifikan pada kinerja keuangan perusahaan asuransi jiwa full syariah dan perusahaan asuransi jiwa unit usaha syariah jika dilihat menggunakan Retention Ratio, rasio cadangan teknis, dan rasio kecukupan dana. Di sisi lain, tidak ditemukan perbedaan yang begitu signifikan antara kinerja perusahaan asuransi jiwa full syariah dan perusahaan asuransi jiwa unit usaha syariah dalam hal Solvency Margin Ratio, rasio beban klaim asuransi, rasio likuiditas, tingkat pertumbuhan premi, dan RBC. Hasil penelitian ini dapat menjadi gambaran bagi dan pertimbangan bagi pemangku kebijakan untuk meningkatkan kinerja perusahaan asuransi syariah di Indonesia.</p> <p><strong>Kata Kunci: Asuransi Syariah, Early warning System, Risk-Based capital, Uji Mann-Whitney.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>The development of the sharia insurance industry is currently experiencing rapid growth in line with the development of sharia banking in Indonesia. Although it has a good record of growth every year, it does not reflect that Islamic insurance companies have a good financial performance. Thus, this study aims to determine the differences in the performance of life insurance and sharia unit life insurance companies by using the ratios in the Early Warning System and the RBC method in the period 2015–2020 in Indonesia. The Mann-Whitney test was used as a data analysis method. The results show that there is a significant difference in the financial performance of a full sharia life insurance company and a sharia business unit life insurance company when viewed using the Retention Ratio, technical reserve ratio, and fund adequacy ratio. In addition, there is no significant difference between the performance of a full sharia life insurance company and a sharia business unit life insurance company in terms of Solvency Margin Ratio, insurance claim expense ratio, liquidity ratio, premium growth rate, and RBC. The results of this study could portray policymakers to improve the performance of Islamic insurance companies in Indonesia.</em></p> <p><strong><em>Keywords: Sharia Insurance, Early Warning System, Risk-Based Capital, Mann-Whitney Test.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Adhita, O., Fauziah, E., &amp; Azib, A. (2017). Analisis perbandingan kinerja keuangan berdasarkan rasio keuangan early warning system pada PT prudential life insurance syariah dan PT asuransi bringin jiwa sejahtera syariah. <em>Prosiding Hukum Ekonomi Syariah</em>, <em>3</em>(1), 155–161. https://doi.org/10.29313/SYARIAH.V3I1.5436</p> <p>Amani, Z. A., &amp; Sukmaningrum, P. S. (2019). Kinerja keuangan pada perusahaan asuransi syariah di indonesia dan perusahaan asuransi syariah di Malaysia periode 2013-2015. <em>Jurnal Ekonomi Syariah Teori dan Terapan</em>, <em>5</em>(8), 645. https://doi.org/10.20473/vol5iss20188pp645-663</p> <p>Awaliyah, H., Barnas, B., Akuntansi, J., &amp; Bandung, P. N. (2020). Perbandingan kinerja keuangan perusahaan asuransi syariah berdasarkan early warning system dan risk-based capital pada PT asuransi jiwa syariah jasa mitra abadi tbk sebelum dan sesudah go public. <em>Journal of Applied Islamic Economics and Finance</em>, <em>1</em>(1), 1–14. https://doi.org/10.35313/JAIEF.V1I1.2386</p> <p>Boitan, I. (2012). Development of an early warning system for evaluating the credit portfolio’s quality. A case study on Romania. <em>Prague Economic Papers</em>, <em>3</em>, 347–362. https://doi.org/10.18267/J.PEP.428</p> <p>Chen, R., &amp; Wong, K. A. (2004). The determinants of financial health of Asian insurance companies. <em>Journal of Risk and Insurance</em>, <em>71</em>(3), 469–499. https://doi.org/10.1111/J.0022-4367.2004.00099.X</p> <p>Fahmi, I. (2012). <em>Analisis kinerja keuangan</em>. Bandung: CV. Alfabeta.</p> <p>Fitri, A., Sepky, N., Sekolah, M., Ekonomi, T., &amp; Sebi, I. (2016). Kinerja keuangan perusahaan asuransi syariah di Indonesia: Surplus on contribution. <em>Akuntabilitas</em>, <em>9</em>(1). https://doi.org/10.15408/AKT.V9I1.3590</p> <p>Hansen, &amp; Mowen. (2005). <em>Management accounting</em>. Jakarta: Salemba Empat.</p> <p>Hidayati, A. A., &amp; Shofawati, A. (2018). Determinan kinerja keuangan asuransi syariah di Indonesia periode 2014-2016. <em>Jurnal Ekonomi Syariah Teori dan Terapan</em>, <em>5</em>(11), 892–907. https://doi.org/10.20473/VOL5ISS201811PP892-907</p> <p>Hosen, M. N., Ali, A. H., &amp; Muhtasib, A. B. (2008). <em>Materi dakwah ekonomi syariah</em>. Jakarta: PKES (Pusat Komunikasi Ekonomi Syariah).</p> <p>Kustanti, H., &amp; Indriani, A. (2016). Analisis perbandingan efisiensi bank umum syariah (BUS) dan unit usaha syariah (UUS) dengan metode stochastic frontier analysis (SFA) periode 2010-2014. <em>Jurnal Studi Manajemen Organisasi</em>, <em>13</em>(2), 140-148. https://doi.org/10.14710/jsmo.v13i2.13405</p> <p>Mahsun, M., Sulistiyowati, F., &amp; Purwanugraha, H. A. (2011). <em>Akuntansi sektor publik</em>. Yogyakarta: BPFE UGM.</p> <p>Munawir. (1992). <em>Analisa laporan keuangan. </em>Yogyakarta: Liberty.</p> <p>Nurfadila, S., Hidayat, R. R., &amp; Sulasmiyati, S. (2015). Analisis rasio keuangan dan risk based capital untuk menilai kinerja keuangan perusahaan asuransi (Studi pada PT asei reasuransi indonesia (Persero) periode 2011-2013). <em>Jurnal Administrasi Bisnis</em>, <em>22</em>(1).</p> <p>Ramdhana, D., &amp; Tandika, D. (2018). Analisis perbandingan kinerja keuangan asuransi syariah dan konvensional menggunakan metode risk based capital dan early warning system. <em>Prosiding Manajemen</em>, <em>0</em>(0), 135–141. https://doi.org/10.29313/.V0I0.9086</p> </td> </tr> </tbody> </table> Farah Aima Syahida, Alfiah Hasanah, Asep Muhammad Adam Copyright (c) 2022 Farah Aima Syahida Aima Syahida http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/34360 Tue, 31 May 2022 00:00:00 +0000 Dynamics of Muslim Millennials in Charity Donation: A Donor-Side Perspective https://e-journal.unair.ac.id/JESTT/article/view/33701 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Penelitian ini bertujuan untuk mengeksplorasi bagaimana pengalaman donasi para donatur milenial muslim, dengan fokus utama untuk mengetahui rasionalitas donatur konsumen yang mendasari pengalaman donasi. Metode Interpretative Phenomenological Analysis (IPA) dilakukan untuk menggambarkan dinamika milenial muslim dalam memulai berdonasi, mengembangkan niat, dan mengidentifikasi alternatif penyaluran donasi. Sepuluh peserta dipilih dari Semarang, Jawa Tengah, Indonesia, menggunakan purposive-sampling dengan kriteria dan persyaratan yang telah ditentukan untuk memilih partisipan. Data wawancara dianalisis dengan menggunakan teknik deskriptif kualitatif tipe naratif. Hasil penelitian menunjukkan bahwa altruisme dan spiritualitas mendorong pemberian sumbangan. Donatur tidak mengharapkan adanya timbal balik dari penerima, pemahaman ini kemudian dimaknai sebagai altruisme. Dari perspektif agama, donasi merupakan bentuk ketaatan kepada Tuhan dengan menjalankan apa yang diperintahkan dan hanya mengharapkan balasan-Nya. Semua partisipan adalah pemeluk agama Islam, sehingga motivasi berdasarkan nilai-nilai spiritual hanya terbatas pada keyakinan satu agama dan secara umum tidak dapat mewakili banyak keyakinan. Temuan selanjutnya, ada transformasi donasi dari donasi langsung, ke lembaga donor dan yang terbaru melalui teknologi digital yang bisa menjadi fokus penelitian di masa depan.</p> <p><strong>Kata Kunci: Altruisme, Perilaku Donasi, Donatur Milenial, Interpretative Phenomenology Analysis.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This study explores the donation experience of Muslim millennial donors, with the main focus on discovering the consumer donor rationality underlying donation experience. The Interpretative Phenomenological Analysis (IPA) method was conducted to depict the dynamics of Muslim millennials in starting a money donation, developing intention, and identifying the alternative distribution for donations. Ten participants were chosen from Semarang, Central Java, Indonesia, using purposive sampling with predetermined criteria and requirements for selecting participants. The interview data were then analyzed using a narrative type of descriptive qualitative technique. The research results show that altruism and spirituality encourage donation-making. Donors do not expect any reciprocity from the recipient; this understanding is interpreted as altruism. From a religious perspective, this is a form of the donor's obedience to God by carrying out what was ordered and only expecting the reward. All participants are adherents of Islam, so motivation based on spiritual values only focuses on the beliefs of one religion and cannot generally represent many beliefs. Further findings show a transformation of donations from direct donations to donor agencies and, most recently, through digital technology, focusing on future research. </em></p> <p><strong><em>Keywords: Altruism, Donation Behavior, Millennial Donor, Interpretative Phenomenology Analysis.</em></strong></p> <p> </p> <p><strong>REFERENCES</strong></p> <p>Anik, L., Aknin, L. B., Norton, M. I., &amp; Dunn, E. W. (2009). Feeling good about giving: The benefits (and costs) of self-interested charitable behavior. <em>Harvard Business School Marketing Unit Working Paper</em>, 10-012. http://dx.doi.org/10.2139/ssrn.1444831</p> <p>Aufa S, F. N. (2018). Faktor-faktor yang mempengaruhi keputusan donatur dalam menyalurkan infaq via social networking site (SNS) (Studi pada masyarakat kota Malang). <em>Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya, 7</em>(1), 1-11.</p> <p>Bjalkebring, P., Västfjäll, D., Dickert, S., &amp; Slovic, P. (2016). 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Examining the motivational factors behind charitable giving among young people in a prominent Islamic country. <em>International Journal of Nonprofit and Voluntary Sector Marketing, 18</em>(3), 172-186. https://doi.org/10.1002/nvsm.1457</p> <p>Otto, P. E., &amp; Bolle, F. (2011). Multiple facets of altruism and their influence on blood donation. <em>Jurnal Sosio-Economics, 40</em>(5), 558-563. https://doi.org/10.1016/j.socec.2011.04.010</p> <p>Saksa, J. (2015). An investigation of research on altruism in recent literature of the three sectors: Public, private, and non-profit. <em>Honors Projects, 556</em><em>, </em>1-27. Retrieved from https://scholarworks.gvsu.edu/ honorsprojects/556</p> <p>Shabbir, H., Palihawadana, D., &amp; Thwaites, D. (2007). Determining the antecedents and consequences of donor-perceived relationship quality: A dimensional qualitative research approach. <em>Psychology and Marketing, 24</em>(3), 271-293. https://doi.org/10.1002/mar.20161</p> <p>Smith, R. W., Faro, D., &amp; Burson, K. A. (2013). More for the many: The influence of entitavity on charitable giving. <em>Journal of Consumer Research</em>,<em> 39</em>(5), 961-976. https://doi.org/ 10.1086/666470</p> <p>Stebbins, E., &amp; Hartman, R. L. (2013). Charity brand personality: Can smaller charitable organizations leverage their brand's personality to influence giving. <em>International Journal of Nonprofit and Voluntary Sector Marketing, 18</em>(3), 203-215. https://doi.org/ 10.1002/nvsm.1468</p> <p>Teah, M., Lwin, M., &amp; Cheah, I. (2014). Moderating role of religious beliefs on attitudes towards charities and motivation to donate. <em>Asia Pacific Journal of Marketing and Logistics, 26</em>(5), 738-760. https://doi.org/10.1108/APJML-09-2014-0141</p> <p>Weng, Q., &amp; He, H. (2019). Geographic distance, income and charitable giving: Evidence from China. <em>The Singapore Economic Review, 64</em>(5), 1145-1169. https://doi.org/10.1142/ S0217590818500212</p> <p>Wiepking, P., &amp; James III, R. N. (2013). Why are the oldest old less generous? Explanations for the unexpected age-related drop in charitable giving. <em>Ageing and Society, 33</em>, 486-510. https://doi.org/10.1017/S0144686X12000062</p> <p><em>Yardley, L. (2007). Demonstrating validity in qualitative psychology. InJ. A. Smith (Eds.), Qualitative psychology: A practical guide to research methods (pp. 235-251). London: Sage.</em></p> </td> </tr> </tbody> </table> Firdan Thoriq Faza, Astiwi Indriani Copyright (c) 2022 Firdan Faza http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/33701 Tue, 31 May 2022 00:00:00 +0000 Penilaian Dampak Zakat, Infak, Sedekah Terhadap Kemiskinan Spiritual Dan Material Penerima Manfaat Laznas LMI: Pendekatan CIBEST https://e-journal.unair.ac.id/JESTT/article/view/35051 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Kemisikinan merupakan suatu permasalahan yang harus ditemukan cara mengentaskannya. Islam agama yang sempurna telah memberikan solusi melalui instrument zakat, infak, dan sedekah. Tujuan dari penelitian ini adalah untuk menilai dampak zakat, infak, sedekah di LAZNAS LMI (Lembaga Manajemen Infaq) dengan Pendekatan CIBEST. Metode penelitian yang digunakan adalah kuantitatif dengan uji beda antara kondisi material dan spiritual mustahik sebelum dibantu dengan setelah disalurkan dana ZIS. Hasil analisis dari 355 penerima manfaat menunjukkan bahwa pada kuadran I, penerima manfaat yang dikategorikan sejahtera bertambah 28% sesudah dibantu. Pada kuadran II, penerima manfaat yang dikategorikan miskin secara material menurun sebesar 27,7%. Selain itu pada kuadran IV penerima manfaat yang dikategorikan miskin secara absolut, juga ikut menurun sebesar 0,3%. Hasil Uji Beda juga menunjukan ada perbedaan indeks spiritual maupun indeks material penerima manfaat antar sebelum dan sesudah pemberian dana ZIS dibuktikan dengan Uji Beda Wilcoxon untuk indeks material value, dan Uji T berpasangan untuk indeks spiritual value.. Dengan adanya hasil penilaian kaji dampak ini diharapkan dampak dari bantuan yang diberikan bisa terukur dan juga menjadi bahan evaluasi serta perencanaan untuk program-program yang akan datang. Implikasi temuan penelitian ini dapat memberikan refrensi terkait manfaat zakat, infak, sedekah dalam membantu mengetaskan kemiskinan yang dilakukan oleh lembaga amil zakat nasional. Secara praktik, Lembaga Manajemen Infaq perlu memberikan perhatian khusus kepada mustahik yang berada di kategori miskin absolut, dengan memberikan intervensi ekonomi dan pembinaan secara spiritual.</p> <p><strong>Kata Kunci: Kaji Dampak, ZIS, Kemiskinan, CIBEST, Lemabga Amil Zakat, Lembaga Manajemen Infaq.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>Poverty is a problem that must f</em><em>i</em><em>nd a way to eradicate. Islam, the perfect religion, has provided a solution through the instruments of zakat, infaq, and s</em><em>hadaqah</em><em>. The purpose of this study was to assess the impact of Zakat, Sedekah, and Infaq in Lembaga Manajemen Infaq with the CIBEST Approach. The method used is quantitative by distributing questionnaires and testing the difference between the material and spiritual conditions of the mustahik before being assisted with after the ZIS funds are distributed. The results of the analysis of 355 beneficiaries showed that in quadrant I, beneficiaries categorized as prosperous increased by 28% after being assisted. In quadrant II, beneficiaries categorized as materially poor decreased by 27.7%. In addition, in quadrant IV, beneficiaries who are categorized as absolute poor also decreased by 0.3%. The results of the Difference Test also show that there are differences in the spiritual index and material index of beneficiaries between before and after the provision of ZIS funds, as evidenced by the Wilcoxon Difference Test for the material value index, and the paired T-test for the spiritual value index. The assistance provided can be measured and can also be used as material for evaluation and planning for future programs. The implications of the findings of this study can provide a reference regarding the benefits of zakat, s</em><em>hadaqah</em><em>, and infaq in helping to alleviate poverty carried out by the national amil zakat institution. In practice, Amil Zakat Organization needs to pay special attention to mustahik who are in the absolute poor category, by providing economic intervention and spiritual guidance.</em></p> <p><strong><em>Keywords: Assessment of Impact, ZIS, Poverty, CIBEST, Amil Zakat Organization, Lembaga Manajemen Infaq.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Ahmed, B. O., Johari, F., &amp; Wahab, K. A. (2017). Identifying the poor and the needy among the beneficiaries of zakat Need for a zakat-based poverty threshold in Nigeria. <em>International Journal of Social Economics</em>, <em>44</em>(4), 446–458. https://doi.org/10.1108/IJSE-09-2015-0234</p> <p>Amalia, &amp; Mahalli, K. (2012). 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Seiring dengan adanya transformasi teknologi saat ini, media sosial sebagai tempat berekspresi diri mendorong munculnya <em>fast fashion</em> yang mengacu pada praktik industri di mana pelaku industri fashion menawarkan berbagai macam produk baru dengan konsep pergantian mode yang cepat dan paling disukai pasar. Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh <em>store attribute</em> terhadap <em>customer experience, dan brand loyalty</em> pada toko Hijup. Pengumpulan data dilakukan dengan kuesioner yang melibatkan 150 responden yang pernah mengunjungi dan berbelanja di toko Hijup dalam 12 bulan terakhir. Metode Path Analysis dilakukan untuk mengetahui bagaimana <em>store attributes</em> mempengaruhi <em>customer experience</em> dan <em>brand loyalty</em> dalam industri ritel fashion. Hasil penelitian menunjukkan bahwa <em>store attribute</em> memiliki pengaruh positif signifikan terhadap <em>customer experience</em> di dalam toko Hijup. Kemudian, ditemukan juga pengaruh positif signifikan antara <em>customer experience</em> terhadap <em>brand loyalty</em>. Adanya penelitian ini diharapkan dapat membantu toko Hijup sebagai pelaku retail khususnya di industri fashion muslim untuk meningkatkan <em>store attribute</em> mereka sehingga para peretail dapat menciptakan loyalitas bagi konsumen mereka.</p> <p><strong>Kata kunci: <em>Store Attribute, Customer Experience, Brand Loyalty</em>, Toko Hijup.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>The Muslim fashion industry in Indonesia is currently undergoing a major transformation shared by several trends. Along with the current technological transformation, social media as a place for self-expression encourages the emergence of fast fashion which refers to industrial practices where fashion industry players offer a variety of new products with the concept of rapid change and are most favored by the market. This study aims to determine how the influence of store attributes on customer experience, and brand loyalty at Hijup stores. Data were collected using questionnaire</em><em>s</em><em> involving 150 respondents who had visited and purchased at Hijup stores in the last 12 months. The path Analysis method was conducted to find out how store attributes affect customer experience and brand loyalty in the fashion retail industry. The results showed that store attributes had a significant positive effect on customer experience in Hijup stores. Then, it was also found that there was a significant positive effect between customer experience on brand loyalty. This research is expected to help Hijup stores as retail players, especially in the Muslim fashion industry to increase their store attributes so that retailers can create loyalty for their consumers.</em></p> <p><strong><em>Keywords: Store Attribute, Customer Experience, Brand Loyalty, Hijup Store.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Bıçakcıoğlu, N., Ilayda, İ., &amp; Bayraktaroğlu, G. (2016). Antecedents and outcomes of brand love: the mediating role of brand loyalty. <em>Journal of Marketing Communications, 24</em>(8), 1–15. https://doi.org/10.1080/13527266.2016.1244108</p> <p>Bilgihan, A. (2016). Gen Y customer loyalty in online shopping: An integrated model of trust, user experience and branding. <em>Computers in Human Behavior, 61</em>, 103–113. https://doi.org/10.1016/j.chb.2016.03.014</p> <p>BRP &amp; Windstream E. (2018). Retail’s digital crossroads: The race to meet shopper expectations. 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The Effect of customers’ perceived value of retail store on relationship between store attribute and customer brand loyalty: Some insights from Malaysia. <em>Procedia Economics and Finance, 37</em>, 432–438. https://doi.org/10.1016/S2212-5671(16)30148-4</p> <p>Machtiger, Kate. (2020). What will the retail experience of the future look like?. <em>Harvard Business Review. </em>Retrieved from https://hbr.org/2020/06/what-will-the-retail-experience-of-the-future-look-like</p> <p>Shaw, C., &amp; Ivens, J. (2007). <em>Building great customer experience</em>. New York: Palgrave, Macmillan</p> <p>The Jakarta Post. (2020). Indonesia's e-commerce sales to surpass India's. Retrieved from https://www.thejakartapost.com/news/2020/09/08/indonesias-e-commerce-sales-to-surpass-indias.html</p> <p>Verhoef, P. C., Lemon, K. N., Parasuraman, A., Roggeven, A., Tsiros, M., &amp; Schlesinger, L. A. (2009). Customer experience creation: Determinants, dynamics and management strategies. <em>Journal of Retailing, 85</em>(1), 31–41. https://doi.org/10.1016/j.jretai.2008.11.001.</p> <p>Wang, C. H., &amp; Ha, S. (2011). Store attributes influencing relationship marketing: A study of department stores. <em>Journal of Fashion Marketing and Management: An International Journal, 15</em>(3), 326–344. doi:10.1108/13612021111151923</p> <p>Williams, L., Buoye, A., Keiningham, T. L., Aksoy, L. (2020). The practitioners’ path to customer loyalty: Memorable experiences or frictionless experiences? <em>Journal of Retailing Consumer Service, 57.</em> https://doi.org/10.1016/j.jretconser.2020.102215</p> </td> </tr> </tbody> </table> Ahmad Khabib Dwi Anggara, Ririn Tri Ratnasari Copyright (c) 2022 Ahmad Khabib Dwi Anggara, Ririn Tri Ratnasari http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/27726 Tue, 31 May 2022 00:00:00 +0000 Pengaruh Profitabilitas terhadap Financial Distress pada Bank Umum Syariah Periode 2018 – 2020 https://e-journal.unair.ac.id/JESTT/article/view/33697 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Penelitian ini bertujuan untuk menganalisis pengaruh rasio Return on Assets (ROA), Return on Equity (ROE) dan Net Profit Margin (NPM) terhadap Financial Distress pada Bank Umum Syariah di Indonesia. Metodologi penelitian yang digunakan yaitu analisis regresi logistik. Sampel yang digunakan sebanyak 9 Bank Umum Syariah pada periode 2018 kuartal pertama hingga 2020 kuartal keempat. Hasil Penelitian ini menunjukkan bahwa ROA dan ROE tidak berpengaruh dengan arah negatif terhadap financial distress, sedangkan NPM berpengaruh dengan arah negatif terhadap financial distress. Penelitian ini diharapkan bisa memberikan informasi terkait financial distress yang sedang dialami oleh Bank Umum Syariah dan digunakan sebagai landasan atau dasar untuk mengambil keputusan agar dapat tanggap dalam menangani financial distress serta mencegah terjadinya kebangkrutan sehingga permasalahan tersebut terselesaikan.</p> <p><strong>Kata Kunci: </strong><strong>Profitabilitas</strong><strong>, Financial Distress, Bank Umum Syariah.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This study aims to analyze the effect of the ratio of Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM) on Financial Distress at Islamic Commercial Banks in Indonesia. The research methodology used is logistic regression analysis. The sample used is 9 Islamic Commercial Banks in the 2018 first quarter to 2020 fourth quarter. The results of this study indicate that ROA and ROE have no negative effect on Financial Distress, while NPM has a negative effect on Financial Distress. This research is expected to provide information related to the financial distress that is being experienced by Islamic Commercial Banks and is used as a basis or basis for making decisions so that they can be responsive in dealing with financial distress and prevent bankruptcy so that the problem is resolved.</em></p> <p><strong><em>Keywords: </em></strong><strong><em>Profitability</em></strong><strong><em>, Financial Distress, Islamic Commercial Banks.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Ali, M. (2013). <em>Buku saku perbankan syariah</em>. Jakarta: Kementerian Agama RI.</p> <p>Almira, N. P. A. K., &amp; Wiagustini, N. L. P. (2020). Return on asset, return on equity, dan earning per share berpengaruh terhadap return saham. <em>E-Jurnal Manajemen Universitas Udayana</em>, <em>9</em>(3), 1069-1088. https://doi.org/10.24843/ejmunud.2020.v09.i03.p13</p> <p>Basuki. (2021). <em>Pengantar metode penelitian kuantitatif</em>. Bandung: Media Sains Indonesia.</p> <p>Dwijayanti, S. (2010). Penyebab, dampak, dan pbediksi dari financial distress serta solusi untuk mengatasi financial distress. <em>Jurnal Akuntansi Kontemporer</em>, <em>2</em>(2), 191–205. https://doi.org/10.33508/JAKO.V2I2.1022</p> <p>Effendi, I., &amp; Hariani, P. (2020). Dampak covid-19 terhadap bank syariah. <em>Ekonomikawan: Jurnal Ilmu Ekonomi dan Studi Pembangunan</em>, <em>20</em>(79), 221–230. http://dx.doi.org/10.30596%2Fekonomikawan.v20i2.5553</p> <p>Fahmi, I. (2017). <em>Analisis laporan keuangan</em>. Bandung: CV Alfabeta.</p> <p>Hapsari, E. I. (2012). Kekuatan rasio keuangan dalam memprediksi kondisi financial distress perusahaan manufaktur di BEI. <em>Jurnal Dinamika Manajemen</em>, <em>3</em>(2), 101–109. https://doi.org/10.15294/JDM.V3I2.2438</p> <p>Hariyani, I. (2010). <em>Restrukturisasi &amp; penghapusan kredit macet</em>. Jakarta: PT Elex Media Komputindo.</p> <p>Hery. (2015). <em>Analisis kinerja manajamen</em>. Jakarta: PT Grasindo.</p> <p>Ilhami, &amp; Thamrin, H. (2021). Analisis dampak covid 19 terhadap kinerja keuangan perbankan syariah di Indonesia. <em>Jurnal Tabarru’: Islamic Banking and Finance</em>, <em>4</em>(1), 37–45. https://doi.org/10.25299/jtb.2021.vol4(1).6068</p> <p>Kusdiana, Y. (2014). Analisis model camel dan altman’s z-score dalam memprediksi kebangkrutan bank umum di Indonesia (Studi pada bank umum yang tercatat di bursa efek Indonesia tahun 2007-2011). <em>Jurnal Tepak Manajemen Bisnis, 6</em>(1), 85–94.</p> <p>Makroprudensial, S. (2013). Penggunaan indeks stabilitas sistem keuangan (ISSK). <em>Working Papers</em>, <em>Bank Indonesia</em>. Retrieved from http://publication-bi.org/repec/idn/wpaper/WP152013.pdf</p> <p>Martono. (2010). <em>Bank dan lembaga keuangan lain</em>. Yogyakarta: Ekonisia FE UII.</p> <p>Rodoni, A., &amp; Ali, H. (2014). <em>Manajemen keuangan modern</em>. Bogor: Mitra Wacana Media.</p> <p>Siregar, S. (2018). <em>Metode penelitian kuantitatif</em>. Jakarta: Prenada media Group.</p> <p>Sugiyono. (2008). <em>Metode penelitian administrasi</em>. Bandung: CV Alfabeta.</p> <p>Ulum, F. (2011). <em>Perbankan syariah di Indonesia</em>. Jakarta: Putri Media Nusantara.</p> <p>Wahyudi, R. (2020). Analisis pengaruh CAR, NPF, FDR, BOPO dan inflasi terhadap profitabilitas perbankan syariah di Indonesia: Studi masa pandemi covid-19. <em>At-Taqaddum</em>, <em>12</em>(1), 13. https://doi.org/10.21580/at.v12i1.6093</p> </td> </tr> </tbody> </table> Dahruji Dahruji, A'yunina Amalia Muslich Copyright (c) 2022 A`yunina Amalia Muslich http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/33697 Tue, 31 May 2022 00:00:00 +0000 Analisis Faktor-Faktor yang Mempengaruhi Niat Membayar Zakat Online Bagi Generasi Milenial https://e-journal.unair.ac.id/JESTT/article/view/32463 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Penelitian ini bertujuan untuk mengetahui pengaruh transparansi, kepercayaan, dan reputasi lembaga amil zakat terhadap niat membayar zakat secara online muzakki dari generasi milenial. Penelitian ini menggunakan tiga variabel independen, yaitu: transparansi, kepercayaan dan reputasi. Variabel dependen dalam penelitian ini adalah niat membayar (<em>intention to pay</em>) zakat muzzaki. Pengambilan sampel dilakukan dengan menggunakan purposive sampling secara representatif dengan kriteria sampel yang telah ditentukan. Jumlah sampel dalam penelitian ini sebesar 70 responden. Penelitian ini menggunakan alat analisis regresi linier berganda dengan metode OLS (<em>Ordinary Least Square</em>) untuk melihat pengaruh variabel endogen terhadap variabel eksogen. Hasil penelitian menunjukkan bahwa variabel transparansi, kepercayaan dan reputasi mempunyai pengaruh positif dan signifikan terhadap niat membayar zakat secara online muzakki dari generasi milenial.</p> <p><strong>Kata Kunci: transparansi, kepercayaan, reputasi, niat membayar zakat, generasi milenial.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This study aims to determine the influence of zakat institutions' transparency, trust, and reputation on the intention of millennial muzakki to pay zakat online. The researcher used three independent variables, which are transparency, trust, and reputation. The dependent variable in this study is the intention to pay zakat. This study used purposive sampling, which is done representatively, with predetermined criteria as the data collection technique. The study used 70 respondents. The study used multiple linear regressions with the OLS (Ordinary Least Square). This method is used to find the effect of endogenous variables on exogenous variables. The results of the study showed that the variables of transparency, trust, and reputation have a positive and significant influence on the intention to pay zakat online by millennials.</em></p> <p><strong><em>Keywords: transparency, trust, reputation, intention to pay zakat, millennial generation.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA </strong></p> <p>Ahmad, N. N., Tarmidi, M., Ridzwan, I. U., Hamid, M. A., &amp; Roni, R. A. (2014). The application of unified theory of acceptance and use of technology (UTAUT) for predicting the usage of e-zakat online system. <em>International Journal of Science and Research, 3</em>(4), 63–67.</p> <p>Assa’diyah, H., &amp; Pramono, S. (2019). Kenapa muzakki percaya kepada lembaga amil zakat? <em>Jurnal Akuntansi </em><em>d</em><em>an Keuangan Islam, 7</em>(1), 81–100. https://doi.org/10.35836/jakis.v7i1.68</p> <p>Aziz, M., &amp; Sholikah. (2014). Zakat profesi dalam perspektif UU RI nomor 23 tahun 2011 dan hukum Islam. <em>Ulul Albab</em>, <em>15</em>(23), 188–205. https://doi.org/10.18860/ua.v15i2.2665</p> <p>Azman, F. M. N., &amp; Bidin, Z. (2015). Factors influencing zakat compliance behavior on saving. <em>International Journal of Business and Social Research</em>, <em>5</em>(1), 118–128. http://dx.doi.org/10.18533/ijbsr.v5i1.688</p> <p>Ikhwandha, M. F., &amp; Hudayati, A. (2019). The influence of accountability, transparency, affective and cognitive trust toward the interest in paying zakat. <em>Jurnal Akuntansi &amp; Auditing Indonesia</em>, <em>23</em>(1), 39–51. https://doi.org/10.20885/jaai.vol23.iss1.art5</p> <p>BAZNAS. (2018). <em>Outlook zakat Indonesia 2018</em>. Jakarta: Pusat Kajian Strategis Badan Amil Zakat Nasional (BAZNAS).</p> <p>Jayanto, P. Y., &amp; Munawaroh, S. (2019). The influences of reputation, financial statement transparency, accountability, religiosity, and trust on interest in paying zakat of profession. <em>Jurnal Dinamika Akuntansi</em>, <em>11</em>(1), 59–69. <a href="https://doi.org/10.15294/jda.v11i1.18729">https://doi.org/10.15294/jda.v11i1.18729</a></p> <p>Komite Nasional Keuangan Syariah. (2019). Pemerataan zakat untuk kesejahteraan masyarakat. <em>INSIGHT</em><em>,</em> <em>3</em>(9), 11–14. Retrieved from https://knks.go.id/storage/upload/1566575768-INSIGHT KNKS Edisi 3 (Agustus).pdf</p> <p>Martono, S., Nurkhin, A., Lutfhiyah, F., Fachrurrozie, Rofiq, A., &amp; Sumiadji. (2019). The relationship between knowledge, trust, intention to pay zakah, and zakah-paying behavior. <em>International Journal of Financial Research</em>, <em>10</em>(2), 75–81. https://doi.org/10.5430/ijfr.v10n2p75</p> <p>Munir, Z. A. H. (2021). The effect of financial report transparency and zakat management on muzakki trust in BAZNAS Lombok Timur. <em>Al-Risalah: Forum Kajian Hukum dan Sosial Kemasyarakatan</em>, <em>21</em>(2), 194–207. https://doi.org/10.30631/al-risalah.v21i2.889</p> <p>Mutmainah, L. (2015). The influence of accountability, transparency, and responsibility of zakat institution on intention to pay zakat. <em>Global Review of Islamic Economics and Business</em>, <em>3</em>(2), 108–119. https://doi.org/10.14421/grieb.2015.032-03</p> <p>Novarela, D., &amp; Sari, M. (2015). Pelaporan corporate social responsibility perbankan syariah dalam perspektif syariah enterprise theory. <em>Jurnal Akuntansi </em><em>d</em><em>an Keuangan Islam</em>, <em>3</em>(2), 145–160. https://doi.org/10.35836/jakis.v3i2.34</p> <p>Nurhasanah, I., &amp; Nursanita. (2020). Interest to pay zakah: The impact of religiosity, income, quality of service, and transparency of amil zakah, case study at BAZIS DKI Jakarta. <em>Indonesian College of Economics</em>, 1–22.</p> <p>Othman, Y. H.-, Yusuff, M. S. S., &amp; Latib, M. F. A. (2018). Motivations for paying income zakat among unishams’ employees. <em>International Journal of Academic Research in Business and Social Sciences</em>, <em>8</em>(10), 619–628. https://doi.org/10.6007/ijarbss/v8-i10/4768</p> <p>Priyono. (2008). <em>Metode penelitian kuantitatif</em>. Sidoarjo: Zifatama Publishing.</p> <p>Ulum, R. F., &amp; Cahyono, E. F. (2020). Evaluasi persepsi muzakki tenaga kependidikan universitas airlangga tentang keimanan, pendapatan, kepercayaan dan citra lembaga terhadap minat membayar zakat profesi. <em>Jurnal Ekonomi Syariah Teori dan Terapan</em>, <em>7</em>(10), 1961. https://doi.org/10.20473/vol7iss202010pp1961-1976</p> <p>Utami, N. S., Muthohar, A. M., &amp; Ridlo, M. (2021). Analisis tingkat pendapatan, kepercayaan dan reputasi terhadap minat muzakki dalam membayar zakat dengan religiusitas sebagai variabel moderating. <em>Iqtishoduna</em>, <em>17</em>(1), 1–16. https://doi.org/10.18860/iq.v17i1.10630</p> <p>Wiharjo, B., &amp; Hendratmi, A. (2019). Persepsi pengguna zakat online di Indonesia. <em>Jurnal Ekonomi Syariah Teori dan Terapan, 6</em>(2), 331–343. https://doi.org/10.20473/vol6iss20192pp331-343</p> <p><em>Zainal, H., Abu Bakar, A., &amp; Saad, R. A. J. (2016). Reputation, satisfaction of zakat distribution,and service quality as determinant of stakeholder trust in zakat institutions. International Journal of Economics and Financial Issues, 6(7Special Issue), 72–76.</em></p> </td> </tr> </tbody> </table> Rizki Yanura Ramadhani, Meri Indri Hapsari Copyright (c) 2022 Rizki Yanura Ramadhani, Meri Indri Hapsari http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/32463 Tue, 31 May 2022 00:00:00 +0000 Peran Ekonomi Kreatif dalam Kesejahteraan Anggota Sobat Hidup Berkah Surabaya Ditinjau dari Perspektif Maqashid Al- Syari’ah https://e-journal.unair.ac.id/JESTT/article/view/33020 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Tujuan penelitian ini adalah untuk menjawab data mengenai peran ekonomi kreatif dalam kesejahteraan wirausaha muslim yang ditinjau dari perspektif Maqashid Syariah. Ekonomi kreatif merupakan konsep ekonomi yang mengedepankan gagasan, ide, inovasi, pengetahuan dan sumber daya manusia sebagai faktor produksi dengan 16 subsektor industri kreatif. Penelitian ini menggunakan metode pendekatan kualitatif dengan jenis penelitian studi kasus deskriptif. Objek penelitian yang di kajikan adalah Komunitas Sobat Hidup Berkah Kota Surabaya. Hasil dari penelitian ini adalah melalui kegiatan usaha ekonomi kreatif yang dijalankan oleh wirausaha muslim Sobat Hidup Berkah dapat mensejahterakan perekonomian mereka di tengah pandemi covid-19. Selain itu, program kajian yang diselenggarakan oleh komunitas Sobat Hidup Berkah turut membantu memberikan pembinanaan dan motivasi dalam mengatasi permasalahan usaha dihadapi oleh wirausaha muslim. Kegiatan ekonomi kreatif yang dijalankan tidak hanya meningkatkan kualitas dan omset usaha saja. Akan tetapi secara mandiri mampu mensejahterakan dengan terpenuhinya Maqashid Syariah terdapat lima hal penjagaan yaitu menjaga agama, jiwa, akal, keturunan, dan harta.</p> <p><strong>Kata Kunci: Ekonomi Kreatif, Wirausaha muslim, Maqashid Syariah, Masa Pandemi.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This research objective is to </em><em>explore the</em><em> role of the creative economy in the prosperity of Muslim entrepreneurs from Maqashid Syariah’s perspective. The creative economy is an economic concept that proposes the idea, innovation, knowledge, and human resources as the production factor with 16 sub-sector of the creative industry. This research used a qualitative approach with a descriptive study. The research object is the community of Sobat Hidup Berkah from Surabaya. The result of this research is through the creative economy business activity run by the Muslim entrepreneur Sobat Hidup Berkah, which brings prosperity to their economic condition during the covid-19 pandemic. Furthermore, the discussion program organized by the community of Sobat Hidup Berkah also helps to provide coaching and motivation to overcome the business problem faced by Muslim entrepreneurs. The creative economy activity runs not only aimed at increasing the quality and business turnover. However, it independently could bring prosperity by the fulfillment of Maqashid Syariah, involving five things to take care of; to keep religion, soul, mind, descendants, and wealth.</em></p> <p><strong><em>Keywords: Creative Economy, Moslem’s Entrepreneur, Maqashid Syariah, Pandemic Situation.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Abdurrahman, &amp; Herdiana, N. (2015). <em>Manajemen strategi pemasaran</em>. Bandung: CV Pustaka Setia.</p> <p>Aziza, A. (2018). <em>Peran entrepreneur muslim dalam membangun koneksi dan komunitas bisnis: studi fenomenologi pada pelaku usaha Sari Bumi di Sidoarjo</em>. Skripsi tidak dipublikasikan. Surabaya: UIN Sunan Ampel Surabaya.</p> <p>Badan Ekonomi Kreatif. (2017) <em>Tenaga kerja ekoomi kreatif 2011-2016</em>. Jakarta: BEKRAF.</p> <p>Ginting, A. M. (2017). Pengaruh ekonomi kreatif terhadap perekonomian nasional. In Carunia Mulya Firdausy (Eds.), <em>Strategi pengembangan ekonomi kreatif di Indonesia </em>(pp. 7-28). Jakarta: Yayasan Pustaka Obor Indonesia.</p> <p>Hakim, L. (2012). <em>Prinsip-prinsip ekonomi Islam</em>. Jakarta: Erlangga.</p> <p>Hartomo, D. D., &amp; Cahyadin, M. (2013). Pemeringkatan faktor keberlangsungan usaha industri kreatif di kota Surakarta. <em>Jurnal Ekonomi &amp; Kebijakan Publik, 4</em>(2), 225-236. http://dx.doi.org/10.22212/jekp.v4i2.55</p> <p>Hasanuddin, M. (2019). <em>Peran ekonomi kreatif dalam mentransformasi ekonomi masyarakat perspektif nilai maqaṣid shari’ah: Studi kampung kue rungkut lor Surabaya</em>. Skripsi tidak dipublikasikan. Surabaya: UIN Sunan Ampel Surabaya.</p> <p>Hayati, E. (2017). <em>Usaha ekonomi kreatif dalam meningkatkan ekonomi masyarakat menurut perspektif ekonomi Islam (Studi petani nanas desa totokaton kecamatan punggur kabupaten Lampung Tengah)</em>. Skripsi tidak dipublikasikan. Lampung: UIN Raden Intan Lampung.</p> <p>Moleong, Lexy J. (2014). <em>Metodologi penelitian kualitatif</em>. Bandung: PT Remaja Rosdakarya.</p> <p>Qardhawi, Y. (1998). <em>Fiqh zakat</em>. Bogor: Pustaka Litera Nusantara.</p> <p>Rizakki, A. R., &amp; Faizah, S. I. (2019). A model of community economic empowerment by the gerakan menulis harapan (GMH) in the city of Surabaya. <em>International Journal of Research – Granthaalayah, 7</em>(12), 32-38. https://doi.org/10.29121/granthaalayah.v7.i12.2019.298</p> <p>Shofa, I., &amp; Nugroho, D. (2018). Pertumbuhan dan strategi pengembangan ekonomi kreatif kota Malang. <em>Jurnal Pangripta, 1</em>(1).</p> <p>Sugiyono. (2015). <em>Memahami penelitian kualitatif</em>. Bandung: Alfabeta.</p> <p>Umi Rohmah, (2017) <em>Analisis peran ekonomi kreatif dalam peningkatan pendapatan pengrajin ditinjau dari perspektif ekonomi Islam (Studi pada industri anyaman bambu desa tulungagung kecamatan gadingrejo Kabupaten Pringsewu)</em>. Skripsi tidak dipublikasikan. Lampung: UIN Raden Intan Lampung.</p> <p>Yanda, T. A. U. E., &amp; Faizah, S. I. (2020). Dampak pendayagunaan zakat infak sedekah dalam pemberdayaan ekonomi dhuafa di kota Surabaya. <em>Jurnal Ekonomi Syariah Teori dan Terapan, 7</em>(5), 911-925. https://doi.org/10.20473/vol7iss20205pp911-925</p> <p>Yin, R. K (2019). <em>Studi kasus: Desain dan metode</em>. Jakarta: Raja Grafindo Persada.</p> </td> </tr> </tbody> </table> Dwi March Trisnawaty, Siti Inayatul Faizah Copyright (c) 2022 Dwi March Trisnawaty http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/33020 Tue, 31 May 2022 00:00:00 +0000 Peran Store Image terhadap Repurchase Intention dengan Mediasi Customer Satisfaction https://e-journal.unair.ac.id/JESTT/article/view/33788 <table width="100%"> <tbody> <tr> <td width="71%"> <p><strong>ABSTRAK</strong></p> <p>Penelitian ini bertujuan untuk mengetahui peran dari store image terhadap repurchase intention pada Karita Muslim Square Surabaya yang di mediasi dengan customer satisfaction. Sampel yang digunakan yaitu 131 responden yang pernah melakukan pembelian di Karita Muslim Square Surabaya. Pengujian menggunakan SEM-PLS dengan konstruk pertama yang menunjukkan hasil yang tidak valid, sehingga pengujian dilanjutkan dengan pengujian konstruk kedua dengan mengeliminasi beberapa indikator, sehingga hasil evaluasi menunjukkan bahwa antar variabel dalam konstruk secara langsung memiliki pengaruh yang positif signifikan. Sedangkan secara tidak langsung customer satisfaction menunjukkan hubungan yang positif signifikan dalam memediasi store image terhadap repurchase intention. Sehingga customer satisfaction memiliki peran partial mediation dalam peneltian ini. Penelitian ini diharapkan memiliki manfaat bagi perusahaan terkait maupun sejenis agar mampu melihat segala peluang yang ada disekitar dengan memanfaatkan setiap komponen maupun dimensi citra toko agar dapat dimanfaatkan secara maksimal untuk mencapai tujuan dari tiap-tiap perusahaan.</p> <p><strong>Kata Kunci: <em>Store Image, Customer satisfaction, Repurchase intention, Islamic Retail</em>.</strong></p> </td> </tr> <tr> <td width="71%"> <p><strong><em>ABSTRACT</em></strong></p> <p><em>This study aims to determine the role of store image on repurchase intention at Karita Muslim Square Surabaya which is mediated by customer satisfaction. The sample used is 131 respondents who have purchased</em><em> at</em><em> Karita Muslim Square Surabaya. The test uses SEM-PLS with the first construct showing invalid results, so the test is continued with the second construct testing by eliminating several indicators, the evaluation results show that the variables in the construct directly have a significant positive effect. Meanwhile, customer satisfaction indirectly shows a significant positive relationship in mediating store image on repurchase intention. So customer satisfaction has a partial mediation role in this research. This research is expected to have benefits for related and similar companies so they are able to see all the opportunities that exist by utilizing every component and dimension of the store image so they can be utilized optimally to achieve the goals of each company.</em></p> <p><strong><em>Keywords: Store Image, Customer satisfaction, Repurchase intention, Islamic retail.</em></strong></p> <p> </p> <p><strong>DAFTAR PUSTAKA</strong></p> <p>Akter, S., &amp; Ashraf, E. (2016). 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The satisfaction, repurchase intention and shareholder value linkage: A longitudinal examination of fixed and firm-specific effects. <em>International Conference on Economic Modeling, Proceedings</em>, 37.</p> </td> </tr> </tbody> </table> Nimas Anggita Iddo Driantami, Ari Prasetyo Copyright (c) 2022 Nimas Anggita Iddo Driantami, Ari Prasetyo http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/33788 Tue, 31 May 2022 00:00:00 +0000 Front Matter Vol 9, No 3 (2022) https://e-journal.unair.ac.id/JESTT/article/view/36243 Front Matter Copyright (c) 2022 http://creativecommons.org/licenses/by-nc-sa/4.0 https://e-journal.unair.ac.id/JESTT/article/view/36243 Tue, 31 May 2022 00:00:00 +0000