Tanggal Publikasi: 1 Des 2018
Membedah Praktik Akuntansi Berdenominasi Mata Uang Asing Perbankan Syariah: Pendekatan Fikih Tematis
The use of rule that origin of muamalah is ibahah (allowed) often causes the practice of sharia banking to be un-creative and not careful about things that are subhat or even haram. Impersonation or modification in addition to the product side also occurs in accounting treatment practices for transactions that occur in Islamic banking. One of them is the treatment of foreign currency denominated transactions that occur in sharia banking. This research uses qualitative method by studying and analyzing fiqih rules on foreign currency denominated transactions that occur in sharia banking. Using the classical fiqh study approach the study concludes that foreign currency-denominated transactions can be grouped into three things: first valuation at the balance sheet date and free of usury, valuation at balance sheet date but prone to usury, and valuation at balance sheet date but not allowed to add assets or corporate earnings. In addition, foreign exchange gains or losses incurred from currency-denominated transactions should take account of the source of the profit / loss first before categorizing it as part of revenues in the sharia bank profit and loss statement.
Tanggal Publikasi: 8 Nov 2018
Toward zakat management integration in Indonesia: problems and solution
The functions of zakat collection and distribution are carried out by both government and private institutions in Indonesia. As those institutions work without coordination, zakat integration become the main issue. This condition resulted in a zakat distribution gap. The center of economy such as Java may have significant zakat collection and zakat distribution , while remote area with limited resources and worse economic level may face both low zakat collection and zakat distribution. The enactment of Law No. 23 of 2011 concerning the Zakat Management brings hope for integration between government and private zakat operators. This study aims to find out the problems in implementing the Zakat Law, provide solutions and strategies to optimize the effort towards integrated zakat management. The method used in this research is the Analytic Network Process (ANP). The results indicate that there are two clusters of problems; internal and external. Internal issues sorted by priority order are: lack of human resources performance, lack of coordinator capacity, the different level of understanding, and lack of commitment of the zakat operators. External issues sorted by priority order are: lack of information technology development, lack of zakat management standard, lack of information dissemination, and lack of technical regulation. The solutions proposed to solve internal problems according to priority ranking are: coordinator capacity building, internal education on zakat integration, human resource monitoring and evaluation, and zakat operators’ commitment building. Finally, according to the respondents, the solution proposed based on priority ranking are: zakat management SOP setting, zakat law information dissemination, IT system building, and zakat technical regulation.
Tanggal Publikasi: 7 Nov 2018
Connecting IR4.0 and Islamic ϐinance literacy in Indonesia
The level of public literacy of financial services is still relatively low in Indonesia, according to the Indonesian Financial Services Authority based on its data for 2016. Financial literacy in Indonesia on a national scale only reached 29.7% with students accounting for only 23.4%, not in line with the financial inclusion that increased to 67.8%. The lack of Islamic finance literacy directly leads to the slow development of the Islamic fi nance market share in Indonesia
Tanggal Publikasi: 1 Nov 2018
External environment and SMEs investment in the Ghanaian oil and gas sector
There is the need to integrate SMEs into the high-value Oil and Gas Sector to enhance socio-economic development of Ghana particularly Job creation and Gross Domestic Product (GDP) growth. This study examined the impact of external business environment on SMEs willingness to invest in the Ghanaian oil and Gas Sector. Using binomial logistic regression analysis we analyzed primary data from 245 SMEs from Ghana during the periods between 2015-2016. The study found that SMEs that had ready access to finance, reliable electrical supply, required technical qualification, no competition from foreign companies, well informed on Oil and Gas investment opportunity were more likely to invest in Ghanaian oil and gas sector. We also find that corruption perception, political stability and training support in the capacity building had no significant influence on SMEs willingness to invest. We suggest that future studies should cover internal firm factors, perceived barriers as well as macro-level factors. Also, the study was limited to Ghanaian SMEs, future researchers may replicate this study in other oil-producing countries in Africa including; Nigeria, Uganda, Angola and South Africa.
Tanggal Publikasi: 1 Nov 2018
Determinants of islamic banking adoption across different religious groups in Ghana: A panoptic perspective.
This study sought to ascertain critical determinants of Islamic Banking (IB) adoption among different religious groups. The study draws on from the Theory of Planned Behaviour, Diffusion of Innovation, Theory of Reasoned Action and Technology Acceptance Model on IB adoption. The study employed a quantitative research paradigm to study 600 individual financial service users in Ghana. Structured questionnaire from previous studies was adopted, modified and used to conveniently elicit data from the participants. Smart Partial Least Square Structural Equation Modelling (PLS-SEM) was deployed to analyse the empirical data. The results show that perceived knowledge, perceived benefit, perceived innovativeness, perceived religious promotion, customer’s attitude and readiness to comply with sharia were significant determinants of IB adoption for the Muslims, Christians and Africa Traditional Religion (ATR) sub-groups. However, perceived threat of violence was a significant negative determinant of IB adoption for the Christians and ATR sub-groups but insignificant for the Muslims sub-group. More so, perceived religious promotion was a negative factor for ATR sub-groups intention to adopt IB. The result pinpoints the need for formalization and demystification of IB to attract different religious groups. However, these results should be taken as preliminary since counterfactual analysis (CFA) across entire Ghana is required to validate IB implementation and adoption. Although these results support most previous studies further empirical research is proposed to replete this study across other Non-Islamic States in the Sub-Sahara Regions.
Tanggal Publikasi: 1 Nov 2018
THE ACCEPTANCE AND USAGE OF INFORMATION MANAGEMENT SYSTEM OF BAZNAS (SIMBA) USING UNIFIED THEORY OF ACCEPTANCE AND USE OF TECHNOLOGY
Purpose–The purpose of this study is to determine the user’s perception of SIMBA and explain the factors affecting employee users acceptance and usage of SIMBA based on the Unified Theory of Acceptance and Use of Technology model.
Design/methodology/approach–Statistical analysis of the study was conducted using multiple linear regression. Quantitative data were collected through a questionnaire. The samples used in this research are BAZNAS in Jakarta and West Java with purposive sampling technique.
Findings-The results of this study indicate that Effort Expectancy variables do not affect the variables Behavioral Intention while the variable of Performance Expectancy, Social Influences, Facilitating Condition have a significant influence to Behavioral Intention, and Behavioral Intention has a significant influence to Use Behavior.
Tanggal Publikasi: 1 Nov 2018
Justice And Economic Distribution Theory: Secular And Islamic Philosophical Insight
In mainstream economics, distribution concerns who gets what. “Who” refers to the personal distribution of income among individuals or the functional distribution of income among suppliers of productive factors. Also mainly concerned with the factors which affect the wealth of nations. Issues of justice, elimination of poverty and deprivation are secondary. On other side, Islam not only concern to who gets what, but also concern to how the human gets what equally and justify. Therefore this study uses descriptive and synthetic approach to present principles and concept of justice distribution derived from the guidance of revelation; Qur’an and Sunnah. The study is derived into two main themes. The firts one deals with theory of juctice and a review on distribution theory in secular Paradigm, the second one is the taxonomy of economic distribution theory in Islam
Tanggal Publikasi: 26 Sep 2018
Management accounting-strategy coalignment in Islamic banking
This paper aims to examine the effect of management accounting–strategy coalignment on the maqasid Shariah-based performance of Islamic banks in Indonesia. The study also examines the role of the corporate life cycle of Islamic banks in influencing the relationship between management accounting–strategy coalignment and performance.
Management accounting practices, management control systems, strategy and maqasid Shariah-based performance are measured using questionnaires which were distributed to 97 directors and heads of Islamic banks. The model of this study is analyzed using structural equation model.
This study finds that the coalignment between low cost-oriented strategy, strategic management accounting practices and mechanistic management control system has positive impact on improving maqasid Shariah-based performance. However, this study is unable to verify that corporate life cycle strengthens the positive relationship between management accounting–strategy coalignment and performance.
Limited indicators of management accounting practices in this study illustrate less comprehensive management accounting practices. Further studies may add other relevant management accounting as described by the International Federation of Accounting Committee to provide a more comprehensive management accounting practices.
This study provides recommendations to the management of Islamic banks to design management accounting practices and management control systems that fit to their strategic orientation.
This paper fulfils limited empirical studies on management accounting practices and strategy in Islamic banking industr
Tanggal Publikasi: 20 Sep 2018
Micro, small-financial financing and its implications on the profitability of Sharia banks
Development of micro, small and medium enterprises (MSME) in Indonesia has increased yearly, but this is not followed by MSME financing in Sharia banking, where the proportion is relatively decreasing in a couple years. This study aims to analyze the influence of the deposit or third party fund to MSME financing and also to analyze the implication of MSME financing to MSME financing and its impact on the profitability of Sharia banks. Sharia banks are expected to be even more active in collecting funds from third parties with various strategies that can be used. As has been discovered from the above research, the amount of fund raising to the allocation of MSME financing is also getting bigger. This study uses a Vector Error Correction Model (VECM) to see the long term effect and response to shocks that occur in the studied variables. The result shows that in the short run and the long run CAR has negative and significant effect on MSME financing. TPF, NPF, BOPO and FDR have positive significant to MSME financing in the long term. TPF, CAR, NPF have positive significance to Sharia banks profitability in the long term. BOPO and NPF have positive significance in the short run. Shock to CAR is negatively responsed by MSME financing. Shock to MSME financing is negatively responsed by Sharia banks profitability (ROA) and is stable in the long term.
Tanggal Publikasi: 8 Sep 2018
APLIKASI PEMBIAYAAN MURABAHAH DI BANK SYARIAH MANDIRI KANTOR CABANG DUMAI: STUDI KASUS PADA DENDA KENDARAAN BERMOTOR
Pembiayaan murabahah di perbankan syariah adalah transaksi jual beli dimana bank menyebutkan harga barang dan jumlah keuntungannya. Bank bertindak sebagai penjual sementara nasabah sebagai pembeli. Penelitian ini menganalisis sistem penerapan denda pembiayaan murabahah khususnya kendaraan bermotor pada Bank Syariah Mandiri (BSM) Cabang Dumai. Hasil kajian menunjukkan bahwa sistem denda pembiayaan murabahah kendaraan bermotor yang diterapkan BSM Cabang Dumai adalah sesuai dengan konsep Dewan Syariah Nasional Majelis Ulama Indonesia (DSN MUI), namun tidak sesuai dengan fatwa denda menurut keputusan Majma‟ Fikih Islam yang bernaung dibawah Munazzamah Mu‟tamar al-Islami.
Tanggal Publikasi: 7 Sep 2018
Fenomena Kemiskinan Masyarakat Kota Dumai
Kemiskinan merupakan masalah yang telah ada sejak zaman dahulu, tidak terkecuali di Indonesia umumnya dan kota Dumai khususnya. Kota Dumai adalah salah satu daerah yang berkembang di Propinsi Riau dengan sumber daya alam yang berpotensi. Namun demikian, kekayaan alam tersebut tidak diiringi dengan berkurangnya angka kemiskinan, melainkan meningkatnya jumlah penduduk yang berada di bawah garis kemiskinan. Tulisan ini menguraikan faktor penyebab kemiskinan di Kota Dumai. Tulisan ini juga menjelaskan kebijakan Pemerintah Kota Dumai yang diaplikasikan melalui program memberantas kemiskinan di tempat kajian. Penelitian yang dilakukan bersumber dari data primer dan data sekunder. Hasil penelitian menjelaskan bahwa program kebijakan Pemerintah Kota Dumai dalam memberantas kemiskinan dilakukan melalui tiga bidang pembangunan, yaitu pendidikan, kesehatan dan ekonomi. Sektor pendidikan diarahkan kepada sekolah unggulan tingkat Taman Kanak-kanak (TK), Sekolah Dasar (SD), Sekolah Lanjutan Tingkat Pertama (SLTP) dan Sekolah Lanjutan Tingkat Atas (SLTA). Biaya sekolah secara gratis diberikan kepada anak-anak di 4 (empat) tingkat pendidikan tersebut. Adapun sektor kesehatan diberikan secara gratis kepada penduduk miskin yang ingin berobat ke Puskesmas. Layanan di rumah sakit umum daerah juga diberikan secara gratis untuk masyarakat miskin. Sedangkan dalam bidang ekonomi, penduduk miskin diberikan bantuan berupa beras, santunan bagi warga yang keluarganya meninggal dunia, fasilitas rumah layak huni secara bertahap dan bantuan uang pada hari-hari besar keagamaan.
Tanggal Publikasi: 20 Agt 2018
Expenditure inequality and polarization in Indonesia, 2002-2012
The purpose of this paper is to investigate the relationships between expenditure inequality and expenditure polarization in Indonesia during the post-reformation era in 2002–2012. It also explores the various dimensions of regional groups; and finds out in which dimension did the expenditure inequality and polarization occur in Indonesia during the period.
Gini index was employed to measure expenditure inequality and a number of developed polarization measurement was applied to investigate the linkage between inequality and polarization at national levels. It also applied a polarization index based on inequality decomposition to investigate how the polarization occurs in the regional dimension. It covered several groups of regional dimensions; those are rural and urban areas; eastern and western regions, as well as natural resource-rich provinces and non-natural resource-rich provinces.
This study found that expenditure inequality and polarization in Indonesia have moved in line, showing an increasing trend during the observation period. In the regional context, the greatest rise was in the region with low initial levels of expenditure inequality and polarization. The trends in each of the regional dimension showed a convergent pattern. It also showed that a significant portion of total polarization was attributed to expenditure differences between urban and rural areas rather than the other groups of regions.
The similar upward movement of expenditure inequality and polarization indicates that not only the differences between groups of expenditure are getting larger, but also the identification of the within groups expenditure are getting stronger. Since the high degree of inequality and polarization are closely related to conflict among groups of communities, this finding is a strong message to the policymaker that the development process in Indonesia during 2002–2012 tended to encourage the creation of social instability.
This study provides an evaluation for further development of social economy in Indonesia.
This paper attempts to give an overview of the relationship between expenditure inequality and polarization in Indonesia during 2002–2012. It also tries to reveal in which regional dimension, expenditure inequality and polarization occurred in Indonesia during the mentioned period. The issues have not been examined in previous empirical studies in Indonesia.
Tanggal Publikasi: 1 Jul 2018
The Global Development of Halal Food Industry : A Survey
This study aims to observe the existence of Halal food industry in developed and developing countries, and ways to increase the acceptance towards Halal products from non-Moslem societies.The finding indicates that although developed countries have less Moslem but the market share for Halal food is high. Countries with less Moslem population namely Thailand, United Kingdom and Australia can capture the opportunity of Halal food in the global market. Thus, most of Halal food exporters are coming from there. Halal food industry can be a catalyst to develop other potential sectors who get the negative impact from economic crisis in a country with less Moslem population. Countries namely Thailand, Australia, United Kingdom and Japan have applied commercial farm in their supply management to support their Halal food production. Furthermore, the awareness of consuming Halal food also come from non-Moslem due to the safer and freshness of the food. Hence it is important for producer to promote Halal food as being safety-compliant.
Tanggal Publikasi: 12 Jun 2018
. The Green Management Practice by Local Government
in developing countries face an unprecedented challenge to cut annual management budget without compromising the services quality. Local government top management has been pressured by politicians and public to cut costs but keep up high level quality services. Therefore this study has been analysed the use of green management practise among local government agencies to cut the annual budget and protect the environment. The online services are the main element for green management practise by local government for this study. This study interviewed 630 residents to test the online services provided by local government in Manjung, Perak. Out of the total samples, 92 percent respondents use the online services. Meanwhile, 90 percent of respondents are satisfied with the online services. More than 81 percent respondents agreed that online services can be a medium to share their local knowledge to the local government to cut budget and protect the environment. Besides that, the study also found that, the support by consumer and the internet speed have a significant relationship with the online services usage. This study suggested that, local government should increase the online services to reduce budget and protect the environment simultaneously.
Tanggal Publikasi: 5 Jun 2018
Constructing an Islamic Socially Responsible Investment (SRI) Index; The Case of Indonesia
The aim of this study are: (i) to develop an index based on Islamic stock from List of Islamic Securities (DES) and integrate them with the concept of Socially Responsible Investment (SRI) and (ii) to compare the performance of the constructed index with Jakarta Islamic Index (JII) and SRI Kehati Index. We construct the index using Equally Weighted Method from extensive dataset of more than 300 Islamic securities listed in the List of Islamic Securities (DES). Our result is fairly striking as the Islamic SRI index outperform JII and SRI Kehati as well. We conclude that additional screening with ESG parameter does not impact the index performance. To our knowledge, this research is the first to introduce an Islamic SRI stock Index, particularly in Indonesia. Hence, the result could be a consideration for the Indonesia stock exchange (IDX) stakeholder to introduce this index to the market. Furthermore, the results is expected to help investors in selecting stock that meet the standards of Islamic stocks while also fulfill the ESG criteria into their investment portfolios.
Tanggal Publikasi: 5 Jun 2018
Halal purchase intention on processed food
The objective of this study is to investigate the factors affecting customers on purchasing halal purchase intention on processed food. A purposive sampling method with 193 respondents and the data analysis is done by SEM-PLS method. The results show that halal awareness, health reason, and perceived value have a significant and positive direct effect on purchasing intention. Halal marketing also shows a significant and positive effect on purchasing intention. The food safety, halal certification, brand image, and perceived quality show the same effect which has no direct effect on purchasing intention. Furthermore, Food safety has an indirect effect on purchasing intention through health reason. Halal certification has an indirect effect on purchase intention through brand image variable. Meanwhile, brand image and perceived quality have an indirect effect through perceived value variable on purchasing intention.
Tanggal Publikasi: 1 Jun 2018
Applicability of theory of constraint in predicting Ghanaian SMEs investment decisions.
This study investigated dimensions of SME’s constraints and decisions to Invest in the Ghanaian Oil and Gas Sector. Using a binominal regression model we analyzed primary data from 497 local SMEs. The study found that SMEs with inadequate capital, had high level of competition, had high corruption perception, lacked policy awareness, lacked adequate external credit facilities, had inadequate information, lacked managerial capabilities, lacked technological capabilities were less likely to invest in the Ghanaian oil and gas sector. Per contra, inadequate human resources capabilities, inadequate entrepreneur characteristics exerted no significant influence on SMEs decisions to invest in the Ghanaian oil and gas sector. This study has implications on oil and gas policies, investment decisions and future research. Particularly Ghanaian government is required to expedite and enforced the Local Participation in Petroleum Activities Policy under the Petroleum Regulations. This study could be replicated within other emerging economies using different models.
Tanggal Publikasi: 24 Mar 2018
Ensiklopedia Leadership dan Manajemen Muhammad SAW" The Super Leader Super Manager
Ensiklopedia Leadership dan Manajemen Muhammad SAW " the Super Leader Super Manager Ensiklopedia Leadership dan Manajemen Muhammad SAW " the Super Leader Super Manager DSpace Repository DSpace Home Ekonomi Syariah Perpustakaan Koleksi Reference View Item Login Ensiklopedia Leadership dan Manajemen Muhammad SAW " the Super Leader Super Manager Show full item record Title: Ensiklopedia Leadership dan Manajemen Muhammad SAW " the Super Leader Super Manager Author: Dr. Muhammad Syafi'i Antonio Abstract: URI: http://repository.pelitabangsa.ac.id/xmlui/handle/123456789/844 Date: 2018-03-24 Files in this item Files Size Format View Description 1540192046269_1 ... _IMG_20180322_0040.jpg.jpg 2.479Mb JPEG image View/Open Gambar "Ensiklopedia Leadership dan Manajemen Muhammad SAW " the Super Leader Super Manager"
Tanggal Publikasi: 20 Mar 2018
The Implementation of Total Quality Management (TQM) In Small and Medium Manufacturing Company (SMMC) and Its Impact to Competitiveness and Performance
This study aims to analyze the influence of Total Quality Management (TQM) implementation to competitive advantage and company’s performance, especially to small and medium manufacturing company. Using Partial Least Square (PLS) tested the hypothesis of Structural Equation Modelling (SEM). There is significant influence between TQM implementation to competitive advantage. Likewise with a competitive advantage to the company’s performance there is significant influence. But there is no significant influence directly between TQM to the company’s performance. The study discusses about the implementation of TQM in small and medium manufacturing companies. In the practice, implementation of TQM in small and medium manufacturing companies are not as smooth as the large manufacturing company
Tanggal Publikasi: 17 Feb 2018
PROSES PEMILIHAN PERBANKAN SYARIAH DALAM PERSPEKTIF MASYARAKAT MUSLIM DI PEKANBARU, RIAU: SATU KERANGKA KONSEPTUAL
Makalah ini fokus kepada kajian tentang sikap dan gaya hidup masyarakat muslim di Pekanbaru, Riau dan perspektif mereka dalam memilih perbankan syariah. Meskipun masyarakat Indonesia umumnya dan masyarakat Pekanbaru, Riau, khususnya mayoritas beragama Islam, namun kenyataan menunjukkan bahwa mereka lebih memilih perbankan konvensional dibandingkan perbankan syariah. Masalah yang timbul adalah, apakah hal tersebut didasari oleh sikap dan gaya hidup mereka dalam melaksanakan perintah agama? Ataukah karena produk dan sarana prasarana yang ditawarkan perbankan syariah belum sesuai dengan sikap dan gaya hidup mereka?. Makalah ini coba membentuk suatu kerangka konseptual tentang fenomena tersebut khususnya tentang sikap dan gaya hidup konsumen muslim dan kesannya kepada proses pemilihan perbankan syariah. Kajian ini dilakukan menggunakan kaedah kajian perpustakaan dan analisis deskriptif. Dapatan kajian adalah membentuk suatu kerangka konseptual tentang strategi pemasaran perbankan syariah khususnya yang berhubungan dengan sikap dan gaya hidup konsumen muslim yang sejalan dengan konsep Islam.