FINANSIA : Jurnal Akuntansi dan Perbankan Syariah
Finansia Journal of Sharia Accounting and Banking is published by the Faculty of Islamic Economics and Business IAIN Metro. The Journal of Finansia is published twice a year, namely the January-June issue and the July-December issue. The Journal of Finansia accepts articles in Indonesian and English. The editorial team welcomes the contribution of articles from scientists, scholars, professionals, and researchers and students in the disciplines of Accounting and Banking to be published after going through a generally accepted mechanism. Jurnal Finansia publishes scientific papers adhering to the values and ethics of scientific publications and the whole process is carried out in a professional and accountable manner. E-mail: finansia@metrouniv.ac.id
Fakultas Ekonomi Dan Bisnis Islam IAIN Metro
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DETERMINANTS OF FOREIGN DIRECT INVESTMENT IN ORGANIZATION OF ISLAMIC COOPERATION COUNTRIES IN ASEAN: EMPIRICAL EVIDENCE OF VECTOR ERROR CORRECTION MODEL
This study examines the factors that influence FDI in OIC member countries in the ASEAN region: Indonesia, Malaysia, and Brunei Darussalam. Foreign direct investment is considered an important source of capital for the economic growth of developing countries. FDI flows to developing countries reached USD 837 billion in 2021, with Southeast Asia being one of the largest recipients. This study uses time series data from 2000–2022 and a VECM model to analyze the causal relationship between FDI, exchange rates, inflation, CO₂ emissions, exports, and imports. The results show that exchange rates and inflation have a significant impact on foreign direct investment in the long term, while CO₂ emissions, exports, and imports are not significant, differing from some previous studies that emphasized the role of trade and the environment. These findings indicate that macroeconomic stability, regulation, infrastructure, and institutions are key determinants of FDI flows. Although the impact of green policies has not been significant, initiatives such as carbon taxes and clean energy programs in the three countries show potential for attracting sustainable investment in the future.
Copyright (c) 2025 M. Iqbal, Syahrul Gunawan, Ajeng Lestari, Abdullah Abdullah, Azizan Hadi http://creativecommons.org/licenses/cc-by-sa/4.0
THE IMPACT OF GROWTH AND FIRM SIZE ON FIRM VALUE: THE ROLE OF PROFITABILITY MODERATION
The increase in company value that does not align with the pace of growth or the size of the company highlights the critical role of growth and company size in creating value, as well as the possibility that profitability becomes the key driver of this relationship. This study aims to analyze the role of profitability in moderating the impact of growth and company size on company value. This associative quantitative research uses the population of all cosmetic companies listed on the Indonesia Stock Exchange during the 2020-2024 period. Data were analyzed using MRA with the assistance of SPSS version 20 software. The results of the study indicate that growth has no effect, while size affects company value. Profitability successfully moderates the influence of company growth and size on firm value. In addition, the moderating effect on the influence of company size occurs because high profitability signals that large companies are able to manage their assets efficiently. These findings underscore the importance of profitability strategies as a complement to asset growth in creating firm value.
Copyright (c) 2025 Rizki Arvi Yunita, Abdul Haris, Risa Alvia http://creativecommons.org/licenses/cc-by-sa/4.0
THE EFFECT OF LIQUIDITY, LEVERAGE, CAPITAL, EFFICIENCY, AND ASSET QUALITY ON ISLAMIC BANKS PROFITABILITY IN ASIA
Sharia banking in Asia has experienced rapid asset growth and has become a major contributor to the global Islamic finance industry. However, this asset growth has not always been accompanied by stable profitability due to high operating costs and financing risks. This study aims to examine the FDR, DAR, CAR, CIR, and NPF on ROA in Islamic banking in Asia. This study uses a descriptive quantitative approach with panel data regression analysis. The results show that, partially, the variables FDR, DAR, and CAR do not have a significant effect on ROA, while the variables CIR and NPF have a significant negative effect on ROA in Islamic banks in Asia. Simultaneously, all independent variables have a significant effect on ROA in Islamic banks in Asia. This study explains that asset efficiency and quality are important factors that affect the profitability of Islamic banking in Asia. The implication of this study is the need to strengthen financing risk management and improve operational efficiency to maintain the financial performance of Islamic banking.
Copyright (c) 2025 Lina Kurniawati, Guntur Kusuma Wardana, Muhammad Riza Hafizi http://creativecommons.org/licenses/cc-by-sa/4.0
EFFICIENCY OF BPRS IN INDONESIA USING A STAGES METHOD - DATA ENVELOPMENT ANALYSIS
The efficiency of BPRS in Indonesia is very important in supporting MSMEs, but the performance of BPRS is often constrained by internal financial conditions and external economic factors, raising concerns about its level of efficiency. This study aims to examine the efficiency of BPRS in Indonesia and the factors that influence it. This study uses a quantitative method with a Two-Stage DEA approach and time series data sourced from financial reports for the period 2014 to 2023. The first-stage analysis shows that BPRS in Indonesia is still in an inefficient condition. In the second stage, the Tobit regression results indicate that ROA, FDR, and NPF significantly affect the efficiency of BPRS in Indonesia, while CAR and BI Rate do not have a significant impact. These findings emphasize the importance of BPRS in improving asset management and risk control to enhance efficiency and strengthen its role in supporting the Islamic financial system.
Copyright (c) 2025 Ratih Nur Cahyati, Ulfi Kartika Oktaviana http://creativecommons.org/licenses/cc-by-sa/4.0
THE NEED TO ADOPT ISLAMIC ACCOUNTING PRACTICES IN HALAL INDUSTRY: A CASE STUDY OF THAILAND
Investigate the significant development of halal industry and the urgent need for countries with Muslim minorities to adopt sharia accounting practices. The focus was on Thailand which was used as a representative of Muslim minority countries. Moreover, the method applied was a Systematic Literature Review using the PRISMA framework. This was achieved by retrieving and filtering different literature from Google Scholar based on certain inclusion or exclusion criteria followed by the conduct of a quality assurance test. The results showed that Thailand successfully dominated halal industry but Sharia accounting practices were rarely adopted. This gap has certain challenges and opportunities related to the integration of Sharia principles into halal industry. The observations were expected to provide a comprehensive analysis of the role of halal industry in advancing the adoption of Sharia accounting in Muslim minority countries.
Copyright (c) 2025 Tannia M. Juwana, Murniati Mukhlisin, Necdet Sensoy http://creativecommons.org/licenses/cc-by-sa/4.0
THE INFLUENCE OF ONLINE NEWS CREDIBILITY, SOCIAL MEDIA CONTENT, AND PRINT MEDIA VARIETY ON CUSTOMER TRUST LEVELS
Consumer trust in Islamic banks is currently declining. Islamic banks are perceived to be the same as conventional banks due to various cases about Islamic banks reported by the mass media. The aim of this research is to analyze the influence of the credibility of online news, the quality of social media content, and the variety of print media on the level of trust of BSI customers. This study uses an associative quantitative approach with simple random sampling techniques. A total of 121 respondents were selected from a total population of 480 using Slovin's formula and analyzed with SEM-PLS. The research results show that the credibility of online news, the quality of social media content, and the variety of print media have a positive and significant impact on customer trust levels. The negative stigma of society is growing stronger due to online news that is reinforced by social media and print media. Practical implications include more effective marketing and communication strategies to maintain customer trust amidst the challenges of the digital era.
Copyright (c) 2025 Agustan Agustan, Amiruddin K, Abdul Wahid Haddade, Andi Muhammad Ali Amiruddin, Agus Miranto http://creativecommons.org/licenses/cc-by-sa/4.0
THE ROLE OF ISLAMIC CORPORATE GOVERNANCE, SHARIA SUPERVISORY BOARD, AND ISLAMIC SOCIAL RESPONSIBILITY IN COUNTERING FRAUDULENT FINANCIAL REPORTING
Fraudulent financial reporting occurs in Islamic companies, specifically Indonesian Islamic banks, which are well-developed and uphold religious values. Despite this commitment, fraud still occurs in Islamic banking institutions. Therefore, this study aimed to investigate variables capable of reducing the occurrence of financial statement fraud. It also aimed to examine the influence of Sharia aspects of Islamic banking, such as ICG, SSB, and Sharia Social Responsibility, on fraudulent financial reporting. To achieve these objectives, data were obtained from 125 samples from Islamic banking companies during the period 2012-2022. Logistic regression analysis was also conducted. The results showed that Islamic Corporate Governance had a positive influence on fraudulent financial reporting, while Sharia Supervisory Board and ISR had no significant influence on fraudulent financial reporting.
Copyright (c) 2025 Media Kusumawardani, Achmad Soediro, Fardinant Adhitama, Vivi Usmayanti http://creativecommons.org/licenses/cc-by-sa/4.0
MARKET SHARE DETERMINAN OF ISLAMIC COMMERCIAL BANKS
The growth of the market share value of Islamic banks from 2018 to 2023 has fluctuated but tends to increase, even reaching a market share value of 7.44% in 2023. This achievement has not yet met the market share target set by Bank Indonesia since 2015, which is 15%. This research aims to analyze the influence of BOPO, NPF, and FDR on Share. This study uses secondary data obtained from the official website of the OJK and the official websites of each Islamic Commercial Bank in the form of quarterly financial statements from 2021 to 2023 from 11 Islamic commercial banks. The data analysis model used in this research is the Panel Data Regression model. The results of the simultaneous test show that the variables BOPO, NPF, and FDR have a positive and significant effect on market share. Partially, the BOPO and NPF variables do not have an effect on market share, while the FDR variable has a positive and significant effect on market share.
Copyright (c) 2025 Lia Safrina, Uswatun Hasanah, Hartanti Dewi, Vita Arum Sari http://creativecommons.org/licenses/cc-by-sa/4.0
FASHION AND LIFESTYLE TRENDS ON THE PURCHASE OF MUSLIM WOMEN'S CLOTHING WITH RELIGIOSITY AS AN INTERVENTION VARIABLE
The Muslim population in Yogyakarta has a percentage of 92.2%, sharia products will be in great demand, including Muslim fashion products. However, teenagers prioritize their style of dress and lifestyle rather than sharia restrictions in buying Muslim clothing. The purpose of the study was to determine the role of religiosity in making decisions to buy Muslim clothing for Muslim adolescent women with an age range of 17-24 years. This research is quantitative descriptive with multiple linear regression method with path analysis processed with SPSS. The sample in this study used quota sampling with 97 respondents. This study shows that fashion trends have an effect on purchasing decisions of 87.7%. Lifestyle variables have an influence on purchasing decisions of 29.9%. The religiosity variable had a relatively small influence on purchase decisions of 23.3%. Meanwhile, the influence of fashion trends on purchasing decisions through religiosity was 0.877<0.925 and the influence of lifestyle was 0.299<0.409.
Copyright (c) 2025 Ahmad Muqorobin, Adinda Muftiviany Nur Jamilah, Inna Putri Istiqomah, Alawiye Habeebulah Olawale, Bello Sani Yahuza http://creativecommons.org/licenses/cc-by-sa/4.0
THE ROLE OF AUDIT OPINION MODERATION IN AUDITOR SWITCHING
Relevant research indicates that new management is likely to replace auditors to align financial reporting, while other research suggests that auditors can be retained if their performance is deemed adequate. This study investigates whether audit opinions can moderate the relationship between management turnover and auditor turnover. This study uses a quantitative approach by utilizing secondary data. Data is collected through a purposive sampling process. The study analyzed information from 22 energy companies operating in the oil, gas, and coal sectors from 2019–2023. Regression analysis was carried out using STATA 17 by applying logistic regression analysis and MRA. The results showed that management change had a positive effect on auditor turnover, with the influence partially moderated by audit opinion.
Copyright (c) 2025 Aan Kanivia, Arief Nurhandika, Abdisamad Abdirahman Omar http://creativecommons.org/licenses/cc-by-sa/4.0
FACTORS ON NON-PERFORMING FINANCING OF SMES AT BPRS IN INDONESIA
NPF in the largest Islamic banking occurs in BPRS institutions compared to BUS and UUS. The highest NPF in the financing category of BPRS comes from the SME category compared to non-SMEs. This research aims to identify the external and internal factors affecting the NPF of SMEs in BPRS. This study uses a quantitative approach with the ARDL method. The data used is quarterly secondary data from 2015-2023. In the short term, all variables have varying effects on the NPF of the SME category at lags 1 to 4. Furthermore, in the long term, inflation and ROA have a significant positive effect on the NPF of the SME category. Conversely, the exchange rate and FDR have a significant negative effect on the NPF of the SME category.
Copyright (c) 2025 Choirul Anwar, Lili Puspita Sari, Hotman http://creativecommons.org/licenses/cc-by-sa/4.0
APPLICATION OF ACCOUNTING INFORMATION IN INFLUENCING THE FINANCIAL PERFORMANCE OF MICRO, SMALL, AND MEDIUM ENTERPRISES WITH FINANCIAL LITERACY AS A MODERATOR VARIABLE
The low utilization of accounting information by MSEs actors in managing and controlling business finances has resulted in suboptimal financial performance of MSEs. The objective of this study is to analyze the effect of the application of accounting information on the financial performance of MSEs with financial literacy as a moderator variable. The proper application of accounting information is expected to enhance the financial performance of MSEs, considering the importance of accounting information in making more accurate business decisions. Data were collected through questionnaires distributed to MSEs actors, with a purposive sampling method. The analytical technique applied is moderating regression analysis to test the relationship between the research variables. The results show that the application of accounting information has a positive and significant effect on the financial performance of MSEs. In addition, financial literacy is proven to moderate this relationship by strengthening the influence of accounting information on financial performance.
Copyright (c) 2025 Budi Gautama Siregar, Aswadi Lubis, Zaki Zaini http://creativecommons.org/licenses/cc-by-sa/4.0
PROFITABILITY DETERMINANTS OF INDONESIAN ISLAMIC BANKS: FINANCING TO DEPOSIT RATIO AND GOVERNANCE
This study aimed to thoroughly examine the impact of financing-to-deposit ratio (FDR) on profitability of Islamic commercial banks in Indonesia, with Good Corporate Governance (GCG) acting as an intervening variable. In order to achieve the objective, financial data spanning 2015 to 2019, collected from annual reports and financial statements of selected banks were analyzed. Accordingly, regression and mediation analyses were adopted to test the hypotheses. The results showed that FDR did not significantly affect profitability (measured by Return on Assets (ROA)). GCG was also observed to not efficiently mediate the relationship between FDR and ROA. These findings suggest that other factors may play a more substantial role in determining profitability of Islamic banks. The present study underscores the importance of adopting conservative financing strategies and enhancing corporate governance frameworks designed specifically in adherence to Sharia regulations. Essentially, the insights provide valuable recommendations for bank managers and policymakers to improve financial performance and ensure sustainable growth in Islamic banking sector.
Copyright (c) 2024 Tri Wahyudi, Fiesty Utami, Nur Sabrina http://creativecommons.org/licenses/cc-by-sa/4.0
THE IMPACT OF SHARIA MINI BANK LABORATORY ON STUDENT COMPETENCE
This study aimed to provide an overview concerning the role of the Islamic mini bank laboratory in improving student competence. A qualitative methodology was used comprising field observations, interviews, and document analysis. The results showed that there is a need for improved facilities, additional management members, and public-oriented promotions. Four empowerment models for Islamic mini bank laboratory were identified, with the fourth stage being the most effective in the context of "Mereka Belajar". The impact on the competence of student in Islamic banking has not reached the maximum potential due to the lack of compliance with the latest Islamic mini bank application standards. Therefore, it is very appropriate to have a better laboratory that follows the growth of Islamic banking. Aside from understanding the practice of Islamic mini bank laboratory, student must also be equipped with other competencies needed to compete and work effectively in Islamic banking.
Copyright (c) 2024 Yoesrizal Muhammad Yoesoef, Husna Hayati, Khairisma Khairisma, Muhammad Fazlurrahman Syarif http://creativecommons.org/licenses/cc-by-sa/4.0
SHARIA FINTECH: CURRENT ISSUES AND FUTURE OPPORTUNITIES
This research was conducted to determine the present and future focus on topics related to sharia fintech through the bibliometric and visualization analysis of 380 papers retrieved from the Google Scholar database. The process was based on cluster analysis as well as the evaluation of events and all keywords. The results showed that publications related to sharia fintech increased rapidly since the beginning of 2016. Moreover, the most prolific journals, cities, regions, institutions, and authors identified were JIEI, Jakarta, West Java, STIE AAS, and T Trimulato respectively. The most frequent keywords were Sharia Fintech, Indonesia, Fintech, and Sharia. The six main research trends identified included Principles and Practices of Islamic Finance, Innovative Financial Technology, Studies or Research on Financial Technology, Fintech Association and MSME Development in Indonesia, Covid Analysis and Case Studies in the Context of Sharia Fintech, as well as Sharia Peer Lending. Therefore, this research was able to provide a comprehensive analysis of the trends in Islamic fintech and identify future directions.
Copyright (c) 2024 Dina Aulia, Muhammad Syukron, Khomsiyah http://creativecommons.org/licenses/cc-by-sa/4.0
FINANCIAL OPTIONS TRENDS: DIGGING THE REASONS BEHIND THE GROWTH OF CUSTOMER INTEREST IN SHARIA BANK INDONESIA
BSI is a Sharia Commercial Bank as a result of the merger of three banks, BRIS, BNIS, and Mandiri Syariah. After the merger, BSI's assets became larger, but it is necessary to examine the things that affect customers to save at BSI, because of the merger, knowledge, services, and IT used by BSI. This study aims to determine the influence of knowledge, mergers, services, and IT on the interest of becoming a BSI customer. This study is a quantitative research using primary data. The population in this study is the entire academic community of UIN Raden Mas Said Surakarta with a sample of 113 respondents. The data collection technique uses questionnaires. The results of this study show that knowledge has no effect on interest in becoming a BSI customer. However, mergers, services, and IT have a significant impact on interest in becoming a BSI customer.
Copyright (c) 2024 Asiah Wati, Rahmawati Rahmawati, Malahayatie Malahayatie, Arum Fitri Lestari, Muhammad Rehan http://creativecommons.org/licenses/cc-by-sa/4.0
IMPACT OF TRANSPARENCY, ACCOUNTABILITY, AND MANAGEMENT QUALITY ON MUZAKKI INTEREST
There is a gap between the expected outcome and the implementation of zakat, although Muslims in Indonesia have great potential to donate zakat. This study aims to examine the impact of transparency, accountability, and quality of zakat management on the interests of Muzaki. This study relied on primary data collected through questionnaires on the entire Muzaki population of 5,803 people. A sample of 140 Muzakis was selected using the non-probability sampling method. Research shows that transparency, accountability, and quality of management at BAZNAS influence the increase in interest in Muzaki. Partial accountability has a positive effect on Muzaki interest, and transparency, and management quality have a significant negative impact. Transparency is the connecting variable between accountability and management quality, emphasizing the considerable influence on the interests of Muzaki.
Copyright (c) 2024 Abdul Latif Rizqon, Indra Sholeh Husni, Muhammad Auwalu Shuaibu, Ishfaq Ahmed, Atha Mahdi Muhammad http://creativecommons.org/licenses/cc-by-sa/4.0
GREEN COMPETITIVE ADVANTAGE: THE INFLUENCE OF ENVIRONMENTAL AWARENESS AND HUMAN RESOURCE ON SMES
This study aimed to thoroughly examine the influence of Environmental Awareness and Green Intellectual Capital (GIC), on Green Competitive Advantage, with Green Human Resource Management (GHRM) serving as the mediating or intervening variable. The investigation is particularly important, specifically considering the fact that business actors are currently paying more attention to the adoption and implementation of green business. This adoption is typically in a bid to address the issue of global warming as well as its impact on nature and the increasing consumer decision to make purchases with consideration for environmentally friendly products. In order to achieve the objective, analyzed using Structural Equation Model-Partial Least Square (SEM-PLS). The results showed that Environmental Awareness significantly influenced the increase of knowledge about the green environment, and this, in turn, impacted the management of competent human resource. Furthermore, intellectual capital (IC) was found to have no direct influence on Competitive Advantage of a business, and Green Human Resource Management acted as an effective mediator of the relationship between Environmental Consciousness affects Competitive Advantage.
Copyright (c) 2024 Rafidah Rafidah, Khairunnisa Abd. Samad, Rabiyatul Adawiyah, Sri Rahma, Ahmad Afwan Alwi http://creativecommons.org/licenses/cc-by-sa/4.0
DETERMINANTS OF SHARIA FINANCE INCLUSION IN THE ENVIRONMENT OF STUDENTS
This study aimed to analyze the influence of financial literacy, technology, and self-efficacy on Islamic financial inclusion. The investigation further examined the differences in Islamic inclusion levels across different student groups. In order to achieve the stated objective, data was collected through the administration of a questionnaire to 174 students, after which an analysis was carried out using the t-test, F-test, and independent test differential approaches. The obtained results showed that financial literacy had a partial influence, while financial technology had no effect on Sharia financial inclusion. Accordingly, financial self-efficacy was observed to influence Islamic financial inclusion only in the business and management student group and not in the non-business and management group. It is also important to state that the analysis results did not show any difference in Islamic financial inclusion and financial literacy, but a difference was found between financial technology and financial self-efficacy of the two groups.
Copyright (c) 2024 Muliasari Pinilih, Intan Shaferi, Purwadi Purwadi, Maulita Nur Sejati, Juwita Anggraini Sain http://creativecommons.org/licenses/cc-by-sa/4.0
LIQUIDITY AND CREDIT RISK: A COMPARATIVE STUDY OF ISLAMIC AND CONVENTIONAL BANKS IN INDONESIA
Islamic banking is only a small choice for the majority of Indonesian Muslims numbering 229.62 million people or 87.2%. In contrast, the market share of Islamic banks is only 7.07%. Global banking conditions are rocked by the case of Silicon Valley Bank, which is one of the largest banks in the world, experiencing liquidity problems. This is inseparable from the fragility of the conventional banking system based on usury as an inherent obligation. This study analyzes the liquidity and credit risk comparison of Islamic and conventional banks in Indonesia. The sample in this study is 10 Islamic banks and the 10 largest conventional banks in terms of assets in the 2018-2022 period. Independent t-test is used to answer the problems in this study. Based on the results of independent t test show that there is no difference between the liquidity of Islamic and conventional banks. Likewise, NPF / NPL shows no difference between Islamic and conventional banks.
Liquidity; Credit Risk; Islamic and Conventional Bank
Copyright (c) 2024 Firdaus Firdaus, Nur Azlina, Imam Fakhruddin, Rino Riyaldi, Romzie Rosman http://creativecommons.org/licenses/cc-by-sa/4.0
THE EFFECT OF FINANCIAL LITERACY AND FINANCIAL BEHAVIOR ON STUDENTS' FINANCIAL PLANNING AT THE SANTITHAM FOUNDATION MUSLIM SCHOOL
This research aimed to examine the influence of financial literacy and behavior on students' financial planning at the Muslim Santitham Foundation School. Adopting a quantitative method, questionnaires were used as the primary data collection instrument. A total of 100 students from Matthayom levels 4 to 6 were purposively selected as the respondents. The results showed that financial literacy had a positive and significant impact on students' financial planning skills. In contrast, financial behavior, while showing a positive effect, did not significantly influence their planning. Despite financial literacy not being explicitly integrated into the school curriculum, the students demonstrated a satisfactory understanding of the basic principles of personal financial management. This research addressed a critical gap by exploring how financial literacy contributed to shaping planning among students, particularly within a cultural context where discussing financial matters was relatively new.
Copyright (c) 2024 Putri Sofiyani, Henny Saraswati, Najmi Hillalliyati, Shakirin Shumalee http://creativecommons.org/licenses/cc-by-sa/4.0
THE EFFECT OF GENDER DIFFERENCES, AUDIT FEES, AUDIT WORK EXPERIENCE, AND INDEPENDENCE ON AUDIT QUALITY
Public accountants (APs) are required to maintain Audit Quality (KA) to produce financial statements (LK) that meet predetermined standards. Therefore, this study aims to determine the influence of gender differences, audit fees, audit work experience, and auditor independence on financial statements. The study procedures were carried out using a survey method, and the sample population was selected with convenience sampling by taking the condition of public accountants who work at KAP in Bandar Lampung City. Data were obtained using a questionnaire and then processed with the SPSS program. The results showed that audit work experience and auditor independence had a significant influence on KA. However, gender differences and audit fees had no significant effect.
Copyright (c) 2024 Fikri Rizki Utama, Maruful Islam http://creativecommons.org/licenses/cc-by-sa/4.0
THE IMPLEMENTATION OF SHARIA COMPLIANCE IN ISLAMIC BANKING: A STUDY ON BUILDING CUSTOMER CONFIDENCE
The lack of customer trust in Islamic banks has led to in a persistently low market share of the Islamic financial market in Indonesia, which is currently below 5.33%. Therefore, this study aims to investigate the implementation of Sharia compliance in Indonesian Sharia Banks, with a particular emphasis on social performance. The qualitative methods and Analysis Network Process (ANP) were used to investigate this phenomenon, with data collected from banking compliance officers, staff, and Sharia compliance experts. The results of this study show that Bank Syariah Indonesia Solo Branch has successfully implemented Sharia compliance across 42 items comprising 6 indicators of the Islamic Social Reporting Index. This comprehensive method is evident in the bank's focus on operations, products, and employees, showing a holisitic commitment to Sharia compliance in Islamic banking.
Copyright (c) 2024 Setiawan Bin Lahuri, Ika Prastyaningsih, Akhmad Affandi Mahfudz, Rusyda Afifah Ahmad, Izlawanie Muhammad http://creativecommons.org/licenses/cc-by-sa/4.0
PLANNING AND MONITORING OPERATIONAL COSTS FOR PURCHASING GOODS
Planning and monitoring operational costs, including the costs of purchasing goods, are crucial for companies to achieve the goal of maximizing profit by minimizing costs. This study aims to understand and develop operational cost management practices, particularly in the context of goods purchasing, and to assess the effectiveness of planning and monitoring at PT UNEFECO. The research employs a descriptive method with a qualitative approach, utilizing observation, interviews, and document analysis. The results indicate that the planning and monitoring of operational costs for purchasing goods at PT UNEFECO have not reached the desired level of effectiveness. There are significant discrepancies between the planned and actual costs, despite the identification of some favorable variances. This suggests inaccuracies in cost estimation, a lack of effective control, or unexpected changes in market conditions. These findings highlight the need for improvements in planning and monitoring operational costs for purchasing goods at PT UNEFECO to reduce the gap between planned and actual budgets, enhance cost estimation accuracy, and improve operational control effectiveness.
Copyright (c) 2022 Wardoni Hikman Ritonga, Yenni Samri Juliati Nasution, Tuti Anggraini
COMPARATIVE ANALYSIS OF THE NON-PERFORMING FINANCING SETTLEMENT IN ISLAMIC FINANCIAL INSTITUTIONS
LKS has different characteristics, so different strategies and approaches are needed in resolving problematic financing. The purpose of the study is to analyze and compare strategies and approaches used in overcoming NPF in BPRS, BUS, and BMT. This research is a literature review with a qualitative approach using secondary data in the form of previous research results and as many as 12 research objects with documentation techniques. Data analysis techniques are carried out using data reduction, data analysis, and conclusions. This research shows that in general, the settlement of problematic financing is carried out by restructuring but by taking different approaches according to the character of BPRS, BUS, and BMT. In particular, there are some BMTs in solving NPFs that do not use approaches that correspond to their characteristics.
Copyright (c) 2024 Fena Ulfa Aulia; Almira Keumala Ulfah; Sherif Mohamed Ismail, Hotman Hotman http://creativecommons.org/licenses/cc-by-sa/4.0
UTILIZING ZISWAF AS AN INSTRUMENT FOR FINANCIAL INCLUSION AND POVERTY REDUCTION EFFORTS
The government implements various poverty alleviation policies, Ziswaf has not been utilized as an instrument of financial inclusion in poverty alleviation. This study aims to examine and provide solutions to poverty alleviation by making Ziswaf an instrument of financial inclusion. Field research with a qualitative descriptive thinking paradigm makes the Takmir community the subject of the interview and scattered mosques the main object. In addition to the OJK report, Bank Indonesia, Puskas Baznas, and KNEKS are its supporters. The results of the study found that Ziswaf's potential is very large, but the Ziswaf funds distributed have not been able to alleviate poverty. Access and availability of Ziswaf funds are still very scarce and difficult for the community to obtain, the distribution is incidental and consumptive rather than productive. Ziswaf as an instrument of financial inclusion is expected to be managed on target to alleviate poverty.
Copyright (c) 2024 Mohammad H. Holle, Aisa Manilet, Binti Nur Asyiah, Syed Ismail http://creativecommons.org/licenses/cc-by-sa/4.0
GENDER AND FINANCIAL REWARDS: ACCOUNTING STUDENTS' INTEREST IN A CAREER AS A PUBLIC ACCOUNTANT
The choice of operators that can be taken as someone who has an accounting education background, namely public accountants, government accountants, corporate accountants, and educator accountants. The difference in career choices is where accountants work. Public Accountants are independent accountants who work for the public interest. This research is empirical research with a quantitative approach that involves the use of statistical analysis. The study used primary data, the research sample consisted of 160 accounting students from 1 PTN and 3 PTS. The tool used in the research was logistic regression with SPSS software version 16. Research explains gender influences the intention of accounting students in for a career as a Public Accountant. However, consideration of financial rewards and the job market has not been able to provide empirical evidence of interest in accounting students for a career as a Public Accountant.
Copyright (c) 2024 Abdul Nasser Hasibuan, Nik Mohd Azim, Ali Hardana, Ananda Anugrah Nasution http://creativecommons.org/licenses/cc-by-sa/4.0
ADOPTION OF USER SATISFACTION WITH THE UTAUT2 MODEL IN USING INDONESIA SHARIA MOBILE BANKING
Indonesia has a large number of internet users, which at the very least indicates its enormous digital potential. Banks and other financial institutions are benefiting from improved digital offerings. This study strengthens literacy and inclusion as an effective strategy for strengthening the effects of the integrated UTAUT2 construct model with user satisfaction using Islamic mobile banking applications. Quantitative research type, with a research sample of 206 respondents as the primary data source using a questionnaire survey. Data analysis using partial regression analysis (PLS-SEM). The results prove that several factors have a positive and significant effect, namely the variables of behavioral intention, facilitating conditions, habit on user behavior and habit, hedonic motivation, and user satisfaction on behavioral intention. On the other hand, some variables do not affect, namely the variables of performance expectancy, effort expectancy, facilitating conditions, price value, and social influence on behavioral intention.
Copyright (c) 2024 Anggi Puspita Sari, Budi Sukardi, Muhammad Kurnia Rahman Abadi http://creativecommons.org/licenses/cc-by-sa/4.0
FINANCING GROWTH AND BANK RISK: EMPIRICAL EVIDENCE FROM INDONESIA
This study examines the crucial issue of the impact of financing growth on various dimensions of Islamic Banks in Indonesia. The growth of financing affects bank risk, profitability, and solvency. The main objective explains the relationship between financing growth and key performance indicators. The study uses ROA for profitability, EQTA for capital adequacy, NPF for bank risk, and the natural logarithm of Total Assets as a proxy for bank size. LIQD and CIR are included as additional variables to provide a more comprehensive analysis. Data for the period Q1 2012 to Q4 2020, obtained from the publication report on the OJK website. Using multiple linear regression, the findings showed a negative relationship between bank risk and financing growth. In addition, the growth of financing has a positive effect on both profitability and solvency of banks. This confirms the importance of prudential principles to optimize risk management strategies, especially in the context of a growing role in financing growth in Islamic banks.
Copyright (c) 2024 Wahyu Wastuti, Riris Aishah Prasetyowati, Ratna Anggraini http://creativecommons.org/licenses/cc-by-sa/4.0
ANALYSIS OF HUMAN RESOURCE MANAGEMENT TOWARDS IMPROVING EMPLOYEE PERFORMANCE MAQHASID SHARIA REVIEW
Human resource management is the first point that must be considered by the company, the development of a business requires quality human resource management. The purpose of the study is to determine the implementation of human resource management in terms of sharia maqhasid and improve employee performance. The methods used are qualitative research, while the data used in primary and secondary data research are obtained by researchers through observation, interviews, and documentation. The results of research on the application of human resource management have an influence on employee performance, one of which is the results of work. The implementation of human resource management seen from sharia maqhasid is by the review of sharia maqhasid, namely dharuriyyat, hajiyyat, and tahsiniyyat.
Copyright (c) 2023 Abdul Latif Rizqon, Muhamad Kharis Tambusai, Nurul Dwi Hastuti; Ahmad Agus hidayat http://creativecommons.org/licenses/cc-by-sa/4.0