Otoritas Jasa Keuangan (OJK) found that the poor and low income people were reluctant to join as insurance participants. OJK has conducted many socialization activities about microinsurance for low-income people which aimed to increase their literacy of insurance. SMES (Sederhana – Mudah – Ekonomis – Segera) services aim to increase insurance inclusion. The study aims to propose a model of value-based service on microtakaful. The service refers to SMES (Sederhana – Mudah – Ekonomis – Segera) and Maslahah Performa value. SMES value to explain the value expected by takaful participants. Maslahah performa to explain the fulfillment of needs to sharia demands by takaful operator. The SMES variable is developed into various sub variables according to SEOJK. Maslahah performa is elaborated to get worship orientation variables and internal process orientation which then be developed into various sub variables. The subvariable weight is determined according to the importance level of each sub variable. The research finds that a value-based microtakaful service model can be derived from the SMES approach and maslahah performa. There is a linkage between the value-based microtakaful service according to participant expectation and spirituality and sustainability. The reasearch will contribute to increase literacy of microinsurance

Corporate disclosure has been one of major areas discussed in accounting research. It is a tool to discharge a company’s accountability and transparency. Basically, corporate information and disclosure is used to diminish the conflict of interests among stakeholders. The most accessible source providing corporate information and disclosure is published annual report. Having particular nature and objective, Islamic banking is one sector that has been growing fast in the global financial industry. Islamic bank is a making profit institution which must be in li ne with Shariah compliance (Islamic requirements) and has social orientation as the prime consideration. Examining 18 Islamic banks in 10 countries, this paper attempts to explore the social disclosure extent provided by Islamic banks. The data is analysed using content analysis and correlation. This study supported the previous theory that Disclosure correlates with country values regarding transparency. Unexpectedly, Disclosure has a negative correlation with Human Development Index. Although the correlation value is relatively low, it can be concluded that Disclosure has a positive correlation with the percentage of the moslem in the country. This study has provided some interesting insights into cultural influences on accounting practices. Last but not least, this study found the themes disclosed comprehensively in the annual reports. Those themes are zakah, employee right, and other community involvement.

The study aims at discussing the approach toward Shari'ah non-compliance transactions in Islamic financial institutions (IFIs). The Hanafi's approach in dealing with invalid contracts is employed. The study reveals that defects in contracts requires either re-execution or rectification. Based on the Hanafi's approach, not every defect in contracts calls for re-execution and purification. Some defects need only rectification. Once the necessary amendments have been made, the contract is valid and the legal effect is then operative. Moreover, not all Shariah non-compliant transactions is to be purified by way of channeling it to charity. There are also possible instances whereby the proceeds generated need to be returned to the original owner. The study provides a new approach to IFIs in dealing with Shari'ah non-compliant transactions and gives clear insight on how the defects in contracts are to be treated. The finding of the study is valuable for regulators in formulating the appropriate methodology on how to treat Shari'ah non-compliant transactions in IFIs.

Agriculture is important sector to fill the basic need of human: food. It will increase as the increasing of population. In this researh, IoT that was powered by solar power was successfully implemented to hydroponic system. The IoT controlled the parameter and solar panel power in the hydroponic system effectively where the solar panel generated power up to 2.5 kW during the day and it was used for powering greenhouse that need about 477 W power. Research was conducted by comparing productivity of conventional farming to hydroponic smart farming. The physical properties of plants from species of Ipomea aquatica, Brassica chinensi, Lactuca sativa, and Brassica rapa that were cultivated in smart farming and conventional farming were measured and analyzed. It was revealed that the height of Ipomoea aquatica was 52.63 cm in smart farming, whereas the height was 42.66 cm in conventional farming. The average height and weight of the plants and the number of leaves lead to the fact that smart farming results in higher productivity than other method because of optimum nutrition in smart farming.

Clean water is a basic need for all living things, one of which is humans. Humans need water to be able to carry out all their activities in life. Pondok Pesantren Nurussa'adatain NW, Gonjong is a boarding school located in Kopang District, Central Lombok Regency, West Nusa Tenggara. The problem experienced in this cottage is that there is not enough access to clean water. This is due to the lack of electrical power in this Islamic boarding school to start the water pump machine. Thus, the activities carried out by both students and female students as well as boarding school administrators cannot run smoothly. The solution to this problem is the presence of additional electricity generated using renewable technology, solar panels. The purpose of this community service is to overcome the problem of the lack of electricity in the pesantren so that the water pump that is owned can run again and can provide clean water needs in the pesantren

Penelitian ini bertujuan untuk mengetehaui faktor-faktor yang mempengaruhi investor untuk berinvestasi pada crowdfunding basis pinjaman/crowdlending di Gandengtangan.com. Metode penelitian yang digunakan pada penelitian ini menggunakan pendekatan kuantitatif. Pendekatan kuantitatif dilakukan dengan menganalisis faktor-faktor yang mempengaruhi keputusan investasi pada crowdlending. Kerangka konseptual dikembangkan dan studi dilakukan terhadap 100 investor dari Gandengtangan.com. Hasil penelitian kuantitatif menunjukkan bahwa faktor-faktor yang mempengaruhi keputusan investor adalah inovasi proyek usaha, spesifikasi proyek usaha, dorongan berkontribusi dan koneksi/kedekatan personal. Penelitian ini juga memberikan gambaran mengenai fenomena crowdfunding di Indonesia.

The digital transformation has been a significant discussion since scientists predicted the birth of the digital era. The transformation affects many things, especially in the leadership concept. This article aims at investigating the development of academic literature on leadership in the digital era. We use bibliometric analysis and literature review to give further suggestions on which topics on leadership for a digital startup shall go to the fore. This study has mapped out the academic literature on the keyword "digital leadership" from the early year of the rise of the digital era in 2000, up until the end of 2018. This study shows that the topics related to digital leadership are digital transformation, internet, system, and organization. Between these four topics, the closest relation found in the topics of organization. Therefore to have a better understanding of leadership for the digital startup, further research should target the area of the organization

Abstract. This paper explores the potential issuance of blue sukuk to finance the blue economy project in Indonesia. We first analyze current initiative of Indonesia’s Blue Economics program. Using the theory of change approach, we model the example of blue project and design the suitable sukuk structure to finance the project. We then develop a framework for financing the program using sukuk structures which previously designed for green sukuk.  It is hoped that by issuing the blue sukuk, it may support the SDG program for sustainable finance of blue economics program. Our framework is suitable for both sovereign and corporate blue sukuk. Furthermore, the project-based blue sukuk may support to alleviate the poverty of people who live along the coast and protect them from the impact of climate change. Finally, this study contributes to lay the foundations for further work on Blue sukuk in Indonesia and International as well.

Nowadays, the idea of integrating zakat into fiscal system has arisen in Muslim countries including Indonesia. It is argued that zakat, in history, has played a significant role to create welfare among societies. It is proven at the time of Caliph ‘Umar ibn ‘Abdul ‘Aziz that zakat has alleviated poverty at that time alongside tax. Having considered such achievement, some scholars argued that zakat should be reintegrated into current fiscal system. This paper, therefore, attempts to study the feasibility of integrating zakat into Indonesian fiscal system. Employing descriptive analysis based on SiyasahShar‘iyyah (high objectives of the Shari‘ah). Therefore, the objectives of the study are set with these following points: 1) to address the strength and the weakness of the implementation of this idea, 2) to assess its opportunity as well as its threat, 3) to examine whether the integration of zakat will secure maslahah (benefit) or create mafsadah (harm). The result shows that the integration of zakat into current fiscal system is in line with the SiyasahShar‘iyyah. Hence, the strong willingness and commitment of government is strongly required to apply it. The proper model of integration also should be planned well. Moreover, nurturing the understanding to all parties especially to the non-Muslims and secularists that this idea is really beneficial and not discriminatory should be promoted.

This study aims to explore the urgency of converging the principles of environment protection and Sustainable Responsible Investment from the perspective of Maqashid Syariah into the selection process of Islamic Stock Index. In-depth analysis on current literature practices on Maqashid Syariah, hifdzul bi’ah and Islamic stock index.  The convergence of Maqashid Syariah, in particular Hifzul Bi’ah and stock index screening process will allow a creation of a new Islamic index or rejuvenating current Islamic stock index in Indonesia. We suggest that Dewan Syariah Nasional to start implementing Maqashid Syariah and Hifzul Bi’ah principle in the process of stock screening for Islamic Stock Indexes. This study is among the first of its kind to offer integration of Maqashid Syariah in particular Hifzul Bi’ah to the Islamic stock index.

The concern over SharÊÑah-compliant transactions is firmly entrenched in the activities and operations of Islamic financial institutions (IFIs). As a business entity established within the ambit of SharÊÑah, an IFI is expected to be guided by values, principles, objectives and rulings of the SharÊÑah. However, ensuring effective SharÊÑah compliance is not a straightforward matter. As financial markets become increasingly sophisticated, heightened product innovations and engineering in Islamic finance entail genuine concern over the need to strengthen SharÊÑah compliance throughout the product life cycle. This means that, while a product may be deemed SharÊÑah compliant prior to its launch (ex-ante), the IFI must also be cognizant of the need to ensure that the entire ex-post process—including contract execution, utilization of funds, investment activities, the audit and governance process—are all in place. This paper focuses on the framework for dealing with SharÊÑah non-compliant transactions in Islamic finance. The framework delineates the concept of illegitimate income and its sources from the Islamic perspective in order to develop a coherent approach to dealing with diverse non-compliance situations based on established principles of the SharÊÑah. Although it is not expected that an IFI will deliberately involve itself in illegitimate activities, any incident of non-compliance needs to be immediately addressed, rectified and reported. This is not only to ensure the purity of the income earned but, more importantly, for IFIs to put in place adequate systems and controls to ensure such that non-compliance with SharÊÑah rules and principles can be averted.

This study aims to determine the map of the development of research on the theme of Islamic economic law from the point of view of the maqashid sharia in the Covid-19 pandemic published by indexed journals. The study was conducted in November 2020. The data analyzed were more than 50 published papers. The object of study is a published journal published in 2020. The data is then processed and analyzed using the VOSviewer application program to determine the bibliometric mapping of the development of Islamic economic law research from the perspective of maqashid sharia in the Covid-19 pandemic. The results showed that the research development map of this theme was divided into 6 clusters. Cluster 1 consists of 10 topics, cluster 2 consists of 10 topics, cluster 3 consists of 8 topics, cluster 4 consists of 7 topics, cluster 5 consists of 6 topics and cluster 6 consists of 4 topics. The findings from this study indicate that the sharia economy and its instruments and products are in accordance with the maqashid sharia, all the aspect of maqashid sharia must be guarded by all parties involved in Islamic economic activities, especially the government in charge of managing state finances while maintaining a balance of prices and can be applied and this concept even become a solution during the Covid-19 pandemic, where the objectives of each sharia economic instrument become more focused and their usefulness in this field can be optimized. All economic instruments in Islam that are based on maqashid sharia are expected to be a solution that reduces the impact of the economic crisis due to the Covid-19 pandemic and can continue to be utilized in a sustainable manner.

Currently, the issuance of Paper on Islamic Regtech published by a journal equipped with title and abstract identifiers is registered in Dimension. ai from 2019 to 2023 explored in this bibliometric study. The focus of the investigation is on the keyword and author's pattern. The data was examined from the 15 Dimension research article (https://dimension. ai).'Islamic Regtech'is a search keyword. On February 23, 2023, the search used to make a collection of study data was updated. The bibliometric map was found using a descriptive statistical approach and bibliometric analysis using a VOS viewer. The quantity of paper on Islamic Regtech, as well as the growth of Islamic digital regulations, has increased dramatically in recent years. This topic is covered by a number of journals, one of the best is Ethical Concerns in Artificial Intelligence (AI): The Role of Regtech and Islamic Finance. Research, Disruption, and Islamic Financial Institution are the most commonly used terms. This study provides an overview of the most popular keywords and writers in the publication with the topic of Islamic Regtech, with the hope that it can be useful information for academics who work in this field. Thus, this concept will potentially be further developed in the future.

Rumah Pemotong Ayam (RPA) merupakan salah satu komponen hilir usaha peternakan ayam. Penyediaan daging ayam harus memenuhi persyaratan aman dan layak untuk dikonsumsi.(Achmanu dan Muharlien 2011). Penyembelihan dalam Islam merupakan salah satu hal yang sangat penting, karena binatang yang disembelih bukan atas nama Allah SWT menjadi haram hukumnya untuk dimakan. Peraturan dasar mengenai penyembelihan terhadap hewan yang hendak dimakan adalah firman Allah dalam Al Qur’an surat Al-An’aam ayat 181 dan 121. Tingginya kebutuhan para konsumen untuk mengkonsumsi daging ayam menjadi salah satu alasan untuk mendirikan rumah potong ayam (RPA) serta menjadi solusi atas permasalahan yang dihadapi oleh perusahaan yaitu harga jual ayam broiler hidup yang bersifat fluktuatif. Suwaji Farm merupakan salah satu perusahaan agribisnis dalam bidang pembesaran ayam broiler yang berada di Kabupaten Tangerang.

Islamic banking and finance has shown progressive development all over the world since its inception as a commercial banking model in mid-1970s. Indonesia, as the largest Moslem nation in the world, has initiated some policies to expand the Islamic banking industry in the country. Similar to conventional banks, Islamic banks face a number of risk areas, which may affect their performance and operations. One of such risk areas is liquidity risk, which shows additional features in the case of Islamic banks. Both the international banking standards and the Sharia guidance suggest that banks should have: robust liquidity risk management policies, a responsive asset and liability committee, effective information and internal control systems and, methods for managing deposits to reduce on-demand liquidity, to manage liquidity risk. The aim of this research, hence, is to analyze the management of liquidity risk in Islamic banks through balancing assets and liabilities with the ultimate objective to recommend policies to improve the management of liquidity risk. This aim is fulfilled in the case of Indonesian Islamic banking industry. The data collection and analysis method in this research involve triangulation method with a combination of quantitative and qualitative methods to achieve such aim and objective. Particularly, both the performance analysis of the industry and the econometric time series analysis were conducted to analyze the liquidity risk and its management for Islamic banking, which includes the liquidity behavior of banking depositors and Islamic banks. In addition, the primary data through questionnaire survey was also assembled with the aim of knowing the actual practices and problems of managing liquidity risk. It was investigated from the perceptions of Islamic banking depositors and Islamic bankers to shed further lights on the liquidity risk issues, which were not captured in the time-series analysis. The empirical analyses conducted in this research demonstrate: (i) the non optimal organizational structure of Islamic banks to manage liquidity, (ii) the significant demand for liquidity withdrawals from depositors and fragility of Islamic banks to mitigate certain scenarios of liquidity withdrawals, (iii) critical factors explaining liquidity behavior of banking depositors and Islamic banks, (iv) reasons for depositors to withdraw funds from Islamic banks and the non ideal management of funds by Islamic banks and, (v) the limited Islamic money market instruments to manage the demand for liquidity from depositors. Based on these findings, the research then constructs an integrated and comprehensive program to manage liquidity risk, which consists of three elements: (i) institutional deepening, (ii) restructuring the management of liquidity on the asset and liability sides and, (iii) revitalizing the usage of Islamic liquid instruments. This integrated and comprehensive program of liquidity risk management recommends a better way of managing liquidity risk based on Sharia compliant instruments and international standard banking practices.

IoT merupakan salah satu kemajuan yang signifikan dalam bidang informasi dan teknologi dan terus dapat dikembangkan untuk kemudahan aktivitas manusia. Pada penelitian ini, Sistem pintar IoT berbasis arduino dan android untuk pengukuran keasaman dan nutrisi air pada hidroponik. Arduino digunakan sebagai prosesor data yang masuk dari sensor untuk ditampilkan pada layar dan direspon memlaui relay untuk menghidupkan pompa jika nilai TDS dibawah nilai yang ditentukan. Data dari arduino dikirim ke cloud firebase sehingga bisa diakses melalui perangkat android.  Perangkat lunak prosesor Arduino menggunkan bahasa C yang diedit pada IDE arduino. Android didesain menggunakan XML dan Kotlin untuk membantu proses control aplikasi yang dibuat menggunakan aplikasi android studio. Alat ukur arduino dikalibrasi dengan menggunakan data tegangan dan data PH serta data TDS yang seharusnya pada cairan kalibrasi. Kemudian didapatkan model linier untuk PH dan model polynomial pangkat tiga untuk TDS. Model tersebut diimplementasikan pada arduino dan didapatkan nilai pengukuran mendekati nilai kalibrasi dengan kesalahan 5.86% untuk PH dan 11.1% untuk TDS. Sistem IoT diamati dengan mencoba tampilan data serta otomasi dan control manual melalui android. Hasil tampilan, otomasi dan kontrol  manual bekerja secara efektif sesuai fungsi sebagai IoT.

This study aims to analyze the impact of the movement of the main macroeconomic indicators on ISSI volatility. Then analyzed how far the influence of ISSI volatility on investors' decisions in investing in ISSI shares. Furthermore, policy proposals can be made to control the impact of the main macroeconomic indicators on ISSI volatility. This study uses the VAR (Vector Autoregression) / VECM (Vector Error Correction Model) method with a sample of 130 (one hundred and thirty) monthly time series data from June 2011 to March 2022. The results of the analysis and findings in this study can provide information that the variables macroeconomics namely Inflation, World Oil Prices, Exchange Rates, Money Supply and Trade Transaction Volume variables significantly influence ISSI volatility. The positive relationship between ISSI Volatility and ISSI Trading Transaction Volume indicates that ISSI Volatility influences investors' decisions to invest in ISSI shares. So that policy priorities are needed in order to control stock volatility, including controlling inflation, world oil prices, exchange rates and the money supply. Control over the volume of trade transactions also needs to be done to reduce investment risk.

Field teaching practice for students in social studies education deparment in Tazkia has problems from teaching in class and debriefing from campus which is not optimal so that it is necessary to identify it in order to in the future it can take place properly and appropriately. This study aims to evaluate a Field Teaching Practice program to social studies education department student using the Kirkpatrick model. The research method used is a qualitative approach with an evaluation of Kirkpatrick's model which includes reaction, learning, behavior, and result. Data were obtained from interviews and observation. Data analysis techniques used include data collection, data reduction, data display, and conclusion drawing/verifying. Data validation techniques were include prolonged engagement, persistent observation, and triangulation. The results show that in the future the social studies education department in Tazkia must improve and develop curriculum, training to strengthen lecturer resources, and design concrete teaching practice programs.
Keywords: Evaluation, Field Teaching Practice, Kirkpatrick’s Model
Submitted: 17 Januari 2023; Revised: 16 Maret 2023; Accepted: 26 Maret 2023

This research explores the correlation between corporate governance and the effectiveness of internal audit functions in preventing fraud within Islamic banking in Indonesia. This study uses 53 observational data sourced from the annual reports of Islamic banking in Indonesia for the period 2010-2019. The data were analyzed using linear regression. The results of this study indicate that corporate governance has no effect on fraud, while the effectiveness of the internal audit function is able to reduce fraud in Islamic banking in Indonesia. The implication of this research is that Islamic banking is expected to consider the effectiveness of the internal audit function in its formation, so that internal audit performance in fraud prevention can be carried out optimally.

The gap of time between the financial report date and audited financial report date shows the time of audit done by the independent auditor, is known as audit delay. The longer the audit delay is finished, the more significant it will affect the decision making because it is one of the most factor that has large contribution in the movement of IHSG. The aim of this study is to find out whether there is or there is not a relationship between Islamic banks reporting delay to the financial determinants of bankruptcy which will be represented with z-score or Altman’s model, fraud which will be presented with M-score or Beneish’s model, and financial stability with ACHANGE as the proxy. The data used are secondary data from annual financial reports of Islamic banks in Indonesia submitted in official website of FSA or their own website, and processed using STATA application. Forty-eight samples used in this research. The result shows that the audit delay of Islamic banks in Indonesia is not affected by either bankruptcy or fraud. Meanwhile, the audit delay of Islamic banks in Indonesia is proven to be quite affected by financial stability.