This research aims to determine the impact of Islamic work ethic on job satisfactionwith intrinsic motivation mediation variables in millennial generation employees. This type of research uses a quantitative description with explanatory research using a sample of 101 respondents. The data analysis method used in this research is descriptive analysis method, Structural Equation Modeling (SEM) with SmartPLS 3 software. The results show that Islamic work ethic has a significant and positive effect on job satisfaction both directlyand indirectly. using the mediating variables of intrinsic motivation and job satisfaction

Cash waqf is a form of contemporary waqf that has great potential in the modern world. In Indonesia, despite its potential of 180 trillion per year, cash waqf collection, management, and distribution are not optimal. Nonetheless, the infrastructure sector in Indonesia confronts obstacles, particularly in terms of funding. The innovation of the CWLFRA (Cash Waqf Linked DINFRA) model is, therefore, a solution to these two issues, as the proposed model is the result of an integration between efforts to optimize cash waqf and infrastructure financing via the Infrastructure Investment Fund (DINFRA). In this CWL-FRA innovation, waqf funds will be allocated to the mauquf 'alaih from the profits of infrastructure investment funds, which will become a source of long-term usable assets. As a result, the purpose of this academic paper is to develop a model capable of bolstering the ecosystem of Islamic social financial institutions and maximizing the potential achievement of cash waqf in Indonesia as a means of implementing sustainable finance and an effective instrument in reviving national economy through infrastructure development. In addition, this study seeks to determine the viability of the potential for developing the productivity of cash waqf in an effort to increase the effectiveness of achieving cash waqf to support economic sustainability with infrastructure potential. Nine respondents representing academicians and expert practitioners from both the waqf and infrastructure sectors filled out questionnaires to collect data. According to the results of the Delphi test, all respondents believed that there was a relationship between the SWOT indicators, indicating that this model is implementable. Moreover, based on the level of agreement of respondents, this model has the potential to contribute positively to national economic recovery, become a sustainable source of social funds, optimize the potential of waqf in Indonesia, strengthen the ecosystem of waqf social finance institutions, and improve the quality of management and maintenance of Indonesia's infrastructure. These findings demonstrate that integrating financial waqf with existing public infrastructure could positively affect the sustainability of national economic development. The novel aspect of this paper is the proposed cash waqf management system, which can serve as a useful reference for policymakers and waqf institutions seeking to develop a more effective waqf concept in terms of collection, administration, and distribution. Consequently, this study aims to demonstrate the potential for cash waqf, which can be integrated with DINFRA's product through the innovation of the CWL-FRA model, to become an investment instrument and offer a diversity of options to the waqf community.

This research will examine Sharia Accounting specifically which deals with the analysis of Zakat based on comparative analysis of PSAK 109 with FAS (9) AAOIFI and makes a draft of Zakat Accounting Guidelines based on comparison of PSAK 109 with FAS (9) AAOIFI which can be applied in Indonesia. The research used in this research is a descriptive qualitative research that is a method that describes, describes, compares a data and a situation and explains a situation in such a way that a conclusion can be drawn, with in-depth interviews, discussions and literature studies in order to obtain information from primary and secondary sources, using content analysis, literature review and SWOT.

Currently, the development of fintech (financial technology) is growing in Indonesia, not to mention the syariah economic industry is also competing in financial technology and providing financial services based on Islamic law. A number of studies have shown the potential of sharia fintech applications, along with the future challenges that will be face by syariah fintech in Indonesia. ALAMI Sharia is one of the pioneers in the field of syariah fintech with the specification of crowdfunding funds from the public and channeling it to encourage the development of MSMEs that have difficulty getting capital injections from banks. The growth of ALAMI Sharia which has drastically increased in just 3 years is an interesting case study to discuss that it can become learning material for other syariah fintech. Operational cost efficiency, Strict funding assessment standards, employees dominated by young generations, conducive office-culture, and human resource management that not only emphasizes target achievement but alignment of productivity with Islamic values that are consistently applied have proven to be able to turn ALAMI Sharia into the best syariah fintech in Indonesia today.

Hasil penelitian menunjukkan, kualitas pelayanan islami y perusahaan travel dan kepercayaan jamaah memiliki pengaruh yang signifikan terhadap kepuasan pelanggan yang dirasakan oleh jamaah umroh dan haji khusus,

The past victories of Islam were weakened by stagnating scientific progress, slowing Muslim economic growth, and weakening military power in Islamic countries, and were easily defeated by the West. During this period, scholars were stigmatized as closed doors to Izhad and experienced a so-called sluggishness in which there was little development and innovation in both religion and science. Open the door to Ijtihad such as Johor ulema Dato' Syed Salim Abdullah al-Attas (1873-1899), Dato' Abdullah Musa (1899-1907), Syed 'Abd Qadir Muhsin al-Attas (1909 -1933) ) and Syed Alwi Tahir al-Haddad (1933-1941). Currently, Muslims are undergoing various attacks from scientific and economic aspects, especially in relation to interest, and until now, there are still some Muslims who do not consider interest, especially bank interest, to be haram. It's a pity. That's why scholars tried to empower Muslims, such as Sunni Abul Ala al-Moudi and Shia Sheikh Bakr Sadr. This study uses a literature review method with reference to selected journals and books and aims to explore whether there are differences between Sunnis and Shiites regarding this interest.

Penelitian ini bertujuan untuk mencari tahu apakah terdapat pengaruh tranfer pricing dan profitabilitas terhadap penghindaran pajak yang terjadi pada perusahaan konglomerasi yang terdaftar di ISSI.Metode : Penelitian ini menggunakan pendekatan kuantitatif. Teknik pengambilan data penelitian ini menggunakan purposive sampling yang diuji dari tiga puluh dua perushaan konglomerasi yang terdaftar di ISSI pada tahun 2019-2020. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi linear berganda data panel.vHasil/Temuan : Hasil analisis dari penelitian ini menunjukan bahwa (1) tranfer pricing tidak berpengaruh terhadap penghindaran pajak, (2) Profitabilitas secara signifikan tidak berpengaruh terhadap penghindaran pajak.

Increased economic power and growth in a country can be signaled from indicators of poverty levels and economic weakness. Poverty is the main reason for moral hazart and the unstable economy of a nation. Cash waqf exists to solve and overcome these socio-economic problems. Cash waqf has universal power and strength where every individual will be able to donate wealth without certain limits. Cash waqf is also very strategic in building and presenting employment areas and reducing unemployment in selective production activities according to Sharia rules and benefits. waqf has the potential to empower the real sector and strengthen economic fundamentals. Through the instrument of cash waqf, poverty alleviation can be overcome through the hands of the Government in the channel of community empowerment programs. The target of waqf in Indonesia is actually able to create social welfare for the community as the goal of economic justice, hence the need for effective waqf nadzir governance. Cash waqf has tremendous economic potential to take care of the mustadh'afiin group as well as to alleviate poverty, especially because the sociological conditions of the Indonesian people are Muslim so that waqf funds that can be collected from the community are very possible

After the COVID-19 pandemic, there has been a worldwide increase in awareness of the concept of halal. During this crisis, the number of research papers published on Halal and COVID-19 has also increased, possibly due to the increased reliance on the internet. This study conducts a systematic review and bibliometric analysis of 156 relevant papers, using Google Scholar and Harzing Publish or Perish, to identify trends and provide future research directions in the field of halal studies. The result of Vosviewer shows that there are six clusters of keywords with a significant number of studies discussing halal tourism and halal food. Indonesia and Malaysia are frequently studied on this topic. Towards the end of the pandemic, the topic of halal tends to increase in certification issues.

e integration of Islamic commercial and social finance is receiving increasing attention, especially as the global economy attempts to recover from the aftermath of Covid-19. Therefore, it is important to examine what factors contribute to the success of the integration of Islamic commercial and social finance. One form of integration is operational integration between Islamic banks and ZISWAF institutions (zakat, infaq, sadaqa, and waqf). These institutions could offer various joint products, including specialized savings accounts where profit sharing is distributed directly to the social institution rather than to the account holders. The objective of this study is to analyse the determinants of Generation Z's intention to support the program. The Partial Least Square-Structural Equation Model is used to analyse the responses of 425 Muslim Gen Z in Bogor. The result shows that attitude, religiosity, knowledge, functional factor, and trust have a significant and positive influence on the intention to support the Islamic commercial and social integration. Moreover, trust also moderates the positive influence of knowledge on Gen Z intention

This study aims to examine the role of Shariah investment in inclusive growth in Indonesia. Shariah investment is measured through Shariah stocks and Sukuk. The study also adds several control variables adopted from separate literature, including the effect of the Covid-19 pandemic, as determinants of inclusive growth. Unlike previous studies, testing is employed using several different measurements of inclusive growth. Using principal component analysis (PCA) to measure the composite index of inclusive growth and time series regression models with monthly data at the national level throughout 2011-2022, this study produces several main findings. There is evidence that Shariah investment plays a role in inclusive growth in Indonesia, although the results are quite varied. Shariah stocks were found to play a significant role in reducing poverty and unemployment, while Sukuk played a role in reducing poverty and inequality. At the same time, both were able to promote the strengthening of the Human Development Index (HDI) and overall quality of inclusive growth. This study also found that the Covid-19 pandemic was significant in suppressing the performance of inclusive growth in Indonesia.

This paper is an empirical survey of Indonesian Islamic bank’s depositors and Islamic bankers. By using an online questionnaire posted in survey website provider, namely www.surveymonkey.com, the survey was conducted from January to March 2009. There are 408 depositors and 17 Islamic bankers (Directors, General Managers, Head of Risk Management Team/Division) who participated in the survey. All (five) Islamic banks (BUS) and twelve Islamic banking unit (UUS) have been represented and all banker respondents correspond to 97% of all Islamic banking institutions. Every individual and Islamic banker had the same chance to be selected since there is no category of respondent (simple random sampling).

Acceleration of Islamic banking in Indonesia is still slowed down so the target of Islamic banking Market Share of 5% has not been met. One factor that into the size of the increase in the Market Share of Islamic banking is the amount of financing (Murabaha) provided by Islamic banks. The purpose of this study is to examine the annuity and proportionate pattern in Murabaha financing and its impact on the achievement of the target Market Share of Islamic banks the period January 2001 - March 2015 resulting in a range of markup and the Down Payment (DP) policy which is ideal for the financing pattern annuity and proportionate in Murabaha Islamic banking in achieving Market Share targets. The analytical method used is the simulation of Murabaha financing. The results shows that the financing annuity and proportionate pattern in Murabaha Islamic banking with a mark-up consumer credit rate and DP 10% experienced an upward trend although the increase is still volatile from 2001 to 2015. The financing annuity and proportionately pattern significant in realizing the target achievement banking Market Share sharia 5%. This is due to the increase in total profit and total assets of Islamic banking due to the percentage mark up consumer credit rate more than 10% DP, Acceleration of Islamic banking in Indonesia is still slowed down so the target of Islamic banking Market Share of 5% has not been met. One factor that into the size of the increase in the Market Share of Islamic banking is the amount of financing (Murabaha) provided by Islamic banks. The purpose of this study is to examine the annuity and proportionate pattern in Murabaha financing and its impact on the achievement of the target Market Share of Islamic banks the period January 2001 - March 2015 resulting in a range of markup and the Down Payment (DP) policy which is ideal for the financing pattern annuity and proportionate in Murabaha Islamic banking in achieving Market Share targets. The analytical method used is the simulation of Murabaha financing. The results shows that the financing annuity and proportionate pattern in Murabaha Islamic banking with a mark-up consumer credit rate and DP 10% experienced an upward trend although the increase is still volatile from 2001 to 2015. The financing annuity and proportionately pattern significant in realizing the target achievement banking Market Share sharia 5%. This is due to the increase in total profit and total assets of Islamic banking due to the percentage mark up consumer credit rate more than 10% DP]

The plan of the Indonesian government that wants to make Indonesia the center of the world's Islamic economy and finance must be supported by all stakeholders. Therefore, as one of the vital elements in the Islamic financial ecosystem, Islamic banks need to have an excellent performance to increase the trust of the national and international community. In addition, Islamic banks with different operational principles from conventional banks should have different performance measurements compared to performance measurements from conventional banks. The purpose of this study is to analyze the factors that can potentially affect the Islamic Performance Ratio (IPR). These factors include independent variables consisting of financing, the distribution ratio (Financing to Deposit Ratio-FDR), labor cost ratio (LCR), promotion cost ratio (PCR), financing quality ratio (Non-Performing Financing-NPF), ratio distribution of financing to micro, small and medium enterprises (MSMEs) and Return on Assets (ROA). Furthermore, to determine the relationship between financial performance indicators in

The purpose of this research was to examine the effectiveness of the distribution of zakat funds at Baitul Maal Tazkia.  The method used is Mixed Method (qualitative and quantitative), which primary data is generated from the observations, direct documentation, interviews with the Chairman or Staff of Baitul Māl Tazkia, and secondary data is from literature studies related to the topic.  The quantitative method that uses the 10th Zakat Core Principle measurement ratio is DCR (Disbursement Collection Ratio). Based on ZCP, the effectiveness of Baitul Maal Tazkia's distribution of zakat funds for 4 years of operation is 55% or is included in the Fairly Effective category (quite effective) where the Disbursement Collection Ratio (DCR) reaches 50-69 percent, with the amount collected during the 2017 to 2017 period.  2020 amounting to Rp 4,536,153,278.  The distribution amount for 2017 to 2020 is IDR 2,472,687,990

Islamic wealth management is one of the new emerging financial service industries that attract many wealthy people to trust their assets managed in accordance with Islamic values and principles. Islamic wealth management is distinct from the conventional conception of wealth management from the philosophical foundation. Therefore, Islamic wealth management’s philosophical foundation is fundamental to understanding wealth management from the Islamic perspective. The paper aims to redefine the contemporary concept of wealth management from an Islamic perspective derived from the Qur’anic perspective. The finding shows that Islamic conception of wealth management from Qur’anic framework is very comprehensive that cover all philosophical foundation; ontology, epistemology, and axiology. The Islamic wealth management process contends three aspects: (1) wealth creation, (2) spending

The main objective of this paper is to analyse determinants that influence implementation of accounting standards for Islamic financial institutions by examining the history of accounting standards and two different contexts as applied to Islamic financial institutions in the United Kingdom and Indonesia. The paper explores available texts and literature mainly from international journals and text books. Employing the Ibn Khaldun perspective, this study analyses two determinants i.e. institutional setting that may be suitable in the context of the United Kingdom, and accounting needs in the case of Indonesia. The research shows the determinants are well fitted with interdisciplinary characters of Ibn Khaldun model of civilization i.e. G = f(S, N, W, j and g). This explains a civilized society is led by the political authority (G) which is influenced concurrently by factors such as the direction of Shari’ah (S), the role of people (N), the use of wealth (W), the development of a country (g), and the promotion of justice (j). This paper has practical significance for accounting standard setters in the Islamic finance industry and policy makers, for understanding the environmental determinant perspective of the country and using this perspective for positioning important aspect in accounting standard setting, developing policies; and articulating procedures to maximize development of Islamic finance.

Perbankan syariah adalah institusi yang memberikan layanan kepada masyarakat baik melalui penghimpunan dana (pelaburan), penyaluran dana (pembiayaan) dan jasa layanan perbankan lainnya yang berdasarkan syariat Islam. Dalam menyalurkan dana, produk yang ditawarkan adalah akad dengan skim qard dan ijarah. Makalah ini bertumpu kepada akad qard dan ijarah yang dijalankan oleh institusi perbankan syariah di Indonesia dalam dana talangan haji. Dana talangan haji ini bersumber dari fatwa Dewan Syariah Nasional (DSN) Majelis Ulama Indonesia (MUI) No. 29/DSN-MUI/VI/2002 yang didasarkan kepada al-Quran. Fatwa tersebut menuai perbedaan pendapat dari banyak ulama sekarang. Hasil kajian dijangka dapat menghasilkan kerangka konseptual berkaitan kesesuaian antara akad qardh dan ijarah yang difatwakan oleh DSN MUI dengan pendapat para ulama baik ulama klasik maupun ulama kontemporer.

This research attempts to examine whether organizational commitment mediate the relationship between budgetary participation and managerial performance (indirect relationships), and examines the existence of code of ethics as control variable both in direct and indirect relstionship between budgetary participation and managerial performance in Indonesian Sharia Banking Industry. A path analysis is used to examine the direct and indirect effects of budgetary participation on managerial performance. There is a direct relationship between budgetary participation and managerial performance, but not supported code of ethics as control variable. Budgetary participation affects organizational commitment. There is no relationship between organizational commitment and managerial performance so indirect relationship between budgetary participation and managerial perfomance through organizational commitment is not supported. This research only involved one moderating variable, organizational commitment, when other researchs could bring another moderating variables to examine indirect relationship between budgetary participation and managerial performance. Budgetary participation improves managerial performance in Indonesia Sharia Banking directly as a consequence of management involvement in the budgetary process

This paper discusses the issue and dispute in Bai Bithaman Ajil (BBA) which ended in court cases. It attempts to define the issues and dispute that rise in the practice of BBA and the practical case of BBA in the context of Malaysia and Shariah perspective in regards to BBA practices. Critical analysis from the existence literature is employed to answer the objective of the paper. It shows that the dispute happened due the customer has less understanding regarding the contract in BBA. The court cases that occurred between the bank and the customer were always won by the bank because the bank has more legality and the judge won the bank in order to maintain the good image of Islamic bank in the eye of public.