Heri Sudarsono | Universitas Islam Indonesia (original) (raw)

Papers by Heri Sudarsono

Research paper thumbnail of Modeling the interaction across international conventional and Islamic stock indices

Cogent Economics & Finance, 2021

Islamic financial instruments have been experiencing rapid growth in the last 50 years. Despite t... more Islamic financial instruments have been experiencing rapid growth in the last 50 years. Despite the unique motivation in formulating them, namely based on Syariah law, their movement might link to those of the conventional ones. This paper is devoted to investigating such interactions. It does so by applying two multivariate time series models to estimate various instruments, both Islamic and conventional ones. The models are the VAR (Vector Autoregression) and the VARMA-GARCH (Vector Autoregressive Moving Average-Generalized Autoregressive Heteroskedasticity). From the VAR model it finds evidence of bidirectional influences across both instruments. It also finds a conventional stock index that dominates the other series, namely the DJI (Dow Jones Index). From the VARMA-GARCH model, it finds influences from the conventional to Islamic index and vice versa, both in conditional mean and conditional variances. This paper suggests that the behavior of Islamic instruments are inseparable from the conventional ones. Future research might consider conditional correlations across these variables.

Research paper thumbnail of Do perceived zakat institutions and government support affect entrepreneurs' intention to pay zakat?

Review of Islamic Social Finance and Entrepreneurship

Purpose – This study aims to determine the effect of attitudes, subjective norms, institutional z... more Purpose – This study aims to determine the effect of attitudes, subjective norms, institutional zakat systems, and government support in influencing the interest of entrepreneurs in paying zakat. Methodology – There are 140 respondents in this research from 6 big cities in Java, such as Jakarta, Serang, Bandung, Semarang, Yogyakarta, and Surabaya. This research uses the Partial Least-Square-Structural Equation Modeling (PLS-SEM) analysis technique with the Theory of Reasoned Action (TRA) model. Finding – The findings reveal that attitudes, subjective norms, and perceived zakat institutions affect entrepreneurs' interest in paying zakat. Meanwhile, perceived government support does not affect entrepreneurs to pay zakat.Implications – Zakat institutions need to regularly involve Muslim entrepreneur organizations in zakat management programs so that perceptions about zakat institutions and the role of government in improving zakat management can increase the motivation of entrepren...

Research paper thumbnail of The intention of Muslim customers to adopt mobile banking: The case of Islamic banks in Indonesia

Cogent Business & Management, Dec 14, 2022

Research paper thumbnail of The intention of the young Muslim generation to purchase halal cosmetics: Do religiosity and halal knowledge matter?

Asian Journal of Islamic Management (AJIM)

Purpose – This study aims to examine the role of religiosity and knowledge in influencing subject... more Purpose – This study aims to examine the role of religiosity and knowledge in influencing subjective attitudes and norms. Then the influence of religion, knowledge, brand image, and product quality on the intention to buy Halal cosmetics products in the cosmetics industry in Indonesia.Methodology – This study used a purposive sampling method to collect data. As many as 522 young Muslim consumers in 32 provinces in Indonesia have previously used halal cosmetic products.Findings – The study results show that religiosity and Halal product knowledge significantly influence attitudes, subjective norms, and intentions to buy halal cosmetic products. Interestingly, the findings reveal that product knowledge has a higher impact on religiosity on attitudes, subjective norms, and intentions to buy in terms of cosmetics. Meanwhile, attitudes, brand image, and product quality affect intention, but subjective norms do not affect the intention of the young Muslim generation to buy cosmetic produc...

Research paper thumbnail of Analisis Determinan Yang Mempengaruhi Pembiayaan Murabahah Pada Bank Umum Syariah DI Indonesia

HUMAN FALAH: Jurnal Studi Ekonomi dan Bisnis Islam

This study aims to analyze the determinants of murabahah financing as seen from microeconomic fac... more This study aims to analyze the determinants of murabahah financing as seen from microeconomic factors such as Third Party Funds, Capital Adequacy Ratio (CAR), Non Performing Financing (NPF), Return On Assets (ROA), Financing to Deposit Ratio (FDR), and BOPO as well as from macroeconomic factors such as BI rate and Inflation that are seen as having an effect in the short and long term. Analysis in this study uses secondary time series data taken from monthly data of OJK and BPS, namely from January 2015 to July 2020. Observation used as many as 67 observations and analysis methods used is Auto-Regressive Distributed Lag (ARDL) with Eviews 9 application. The results obtained from this study are in the short term variables that do not affect Murabahah Financing in Sharia Commercial Banks including CAR, ROA, NPF, BOPO, and Inflation. Meanwhile, Third Party Funds and FDR have a positive relationship and have a significant influence on Murabahah Financing. Then, the BI Rate affects Muraba...

Research paper thumbnail of Analisis Likuiditas Bank Umum Syariah di Indonesia

Jurnal Ilmiah Ekonomi Islam

This study aims to determine the effect of capital adequacy (CAR), profitability (ROA), non-perfo... more This study aims to determine the effect of capital adequacy (CAR), profitability (ROA), non-performing financing (NPF) and efficiency (BOPO) on liquidity (FDR) in Islamic commercial banks. The data for this research are Bank Central Asia (BCA) Syariah, Bank Bukopin Syariah, Bank Mega Syariah, Bank Maybank Syariah, and Bank Muamalat Indonesia in the period 2013-2018. Chow test and Hausman test were carried out to get the best panel model in this study. This study found that ROA and BOPO had a positive effect on liquidity, while CAR and NPF showed a negative effect on liquidity. The implication of this research for bank management is that there is a need for continuous efforts to increase the profitability (ROA) of Islamic commercial banks by distributing financing safely and optimally. In addition, efforts to improve efficiency (BOPO) need to be carried out by formulating a planned and measurable bank operational management program. Bank policies on ROA and BOPO levels will affect th...

Research paper thumbnail of The Intention to Hoard Food and Help during Covid-19 Pandemic

MIMBAR : Jurnal Sosial dan Pembangunan

The government issued an emergency public activity restrictions policy to reduce Covid 19 cases. ... more The government issued an emergency public activity restrictions policy to reduce Covid 19 cases. This policy causes people to tend to hoard food to anticipate food shortages. In addition, this policy creates empathy among the community to help others because some people have difficulty earning income. This study determines the effect of subjective norms (SN), perceived behavior control (PBC), health awareness (HAW), perceived social support (PSS), and religiosity (RE) on the intention in hoarding food (INHF) and helping people (INHP) during restrictions. The respondents comprised 436 people from 22 provinces in Indonesia. Hypotheses were tested using the Structural Equation Modeling (SEM) analysis method with Partial Least Square (SmartPLS) software. The results showed that SNHF affected INHF, while PBCHF and PBCHP positively affected the INHF and INHP. Moreover, PSS had a positive impact on the INHP, HAW negatively affected INHF and INHP, while RE does not affect INHF and INHP. Th...

Research paper thumbnail of Analisis deposito mudharabah pada perbankan syariah di Indonesia periode 2014 – 2018

Jurnal Kebijakan Ekonomi dan Keuangan

Purpose – This study was conducted to analyze the factors that influence the amount of mudharabah... more Purpose – This study was conducted to analyze the factors that influence the amount of mudharabah deposits in Islamic banking in Indonesia. Methods – This study uses monthly data in the 2014-2018 period with the Error Correction Model (ECM) approach. Findings – The results of this study indicate that the Production Index has a positive effect and inflation has a negative effect on mudharabah deposits. Meanwhile, the Financing Deposit Ratio (FDR) has no effect on mudharabah deposits. Implication – External banking factors such as the Production Index and inflation have an influence on the conditions of Islamic banking, so it is necessary to have appropriate policies to improve banking conditions. Originality – This study focuses on analyzing external banking factors such as the Production Index and Inflation and using the Error Correction Model (ECM) analysis tool in its estimation. Abstrak Tujuan – Penelitian ini dilakukan untuk menganalisis faktor-faktor yang mempengaruhi jumlah ...

Research paper thumbnail of Tingkat Efisiensi Perbankan Syariah Dan Konvensional Dengan Mengunakan Data Envelopment Analysis (Dea)

Jurnal Ekonomi & Keuangan Islam

This research utilizesa non-parametric frontier approach, Data Envelopment Analysis (DEA). By usi... more This research utilizesa non-parametric frontier approach, Data Envelopment Analysis (DEA). By using such an analysis, the purpose of this study is to analyse 3 Islamic banks in Indonesia during 2007-2010 period. In general, the result of study indicates that the level of efficiency of Islamic bank is various moving over time. In intermediary efficiency, conventional bank is found to be more efficient than Islamic bank. Moreover, conventional bank is more efficient than Islamic bank. Since the study pinpoints the sources of inefficiency, it also helps to provide the banks with strategic planning

Research paper thumbnail of Istilah-istilah bank dan lembaga keuangan syariah/ Sudarsono

Research paper thumbnail of Pelatihan Internet Marketing Untuk Komunitas Difabel LSM Ciqal DI Desa Trihanggo, Gamping, Sleman, Yogyakarta

Penyandang disabilitas merupakan masyarakat yang memiliki keterbatasan dan menghadapi hambatan da... more Penyandang disabilitas merupakan masyarakat yang memiliki keterbatasan dan menghadapi hambatan dalam melakukan aktivitas kesehariannya. Keterbatasan yang dimiliki yaitu pada sebagian anggota tubuhnya seperti kaki/tangan, lumpuh, buta, tuli, dan sebagainya. Di tengah masyarakat saat ini, penyandang disabilitas masih dianggap sebelah mata dan bukan bagian dari orang yang normal serta menghadapi berbagai macam kendala dalam pemenuhan hak-hak dasarnya sebagi anggota masyarakat. Namun tidak dapat dipungkiri bahwa banyak difabel yang mempunyai kemampuan khusus yang berhubungan dengan keterbatasan fisik yang dimilikinya. Hal tersebut terbukti pada kelompok difabel yang berada di bawah naungan LSM CIQAL di Desa Trihanggo, Sleman. Lembaga Swadaya Masyarakat tersebut melakukan pembinaan bagi difabel untuk menghasilkan suatu produk yang mempunyai nilai jual dan nilai ekonomis yang tinggi. Namun permasalahannya adalah produk yang dihasilkan belum dapat dipasarkan secara optimal karena adanya ke...

Research paper thumbnail of Undang-undang (UU), peraturan Bank Indonesia (PBI), dan surat keputusan direksi BI (SK-Dir) tentang perbankan syariah

Research paper thumbnail of Konsep ekonomi Islam: suatu pengantar

Research paper thumbnail of Bank dan lembaga keuangan syariah: deskripsi dan ilustrasi

Research paper thumbnail of Does “Halalness” Affect Young Muslims’ Intentions to Use the COVID-19 Vaccine?

Indonesian Journal of Halal Research

Young Muslims comprise a large population in Indonesia. This study analyzes the effect of halal a... more Young Muslims comprise a large population in Indonesia. This study analyzes the effect of halal awareness, halal certification, attitudes, subjective norms, perceived behavior controls and vaccine quality on young Muslims’ intentions to use the COVID-19 vaccine. This study involved 699 random respondents from 32 provinces in Indonesia. This research model develops Theory Planned Behavior (TPB) using structural equation modeling (SEM) with partial least squares structural equation modeling (PLS-SEM) data processing tools. The results showed that halal awareness and certificates had a P-value of <0.05 or positively affected Muslims’ attitude towards vaccines. Likewise, halal awareness, attitudes, subjective norms and vaccine quality have a P-value of <0.05 and perceived behavior control has a P-value of <0.10 or positively affects Muslims’ intentions to use vaccines. However, halal certification has a P-value of >0.10 or does not affect their intention to use vaccines. Isl...

Research paper thumbnail of Examining the adoption of mobile banking: Empirical evidence from Indonesian Muslim students

Banks and Bank Systems

The shifting trend toward m-banking services has caused competition, as multiple banks compete to... more The shifting trend toward m-banking services has caused competition, as multiple banks compete to convince customers to adopt m-banking services, and so must deliver excellent services. As a result, banks must prioritize meeting client expectations and providing high-quality services to compete. This study aims to examine the factors influencing Muslim students’ intentions to use mobile banking (m-banking) in Islamic banks (IB), conventional banks (CB), and conventional Islamic banks in Indonesia (ICB). The study sample consisted of 315 Muslim students who use m-banking in Islamic banks, 369 Muslim students who use conventional banks, and 207 Muslim students who use conventional Islamic banks. The partial least square (PLS) method was used to evaluate the unified theory of acceptance and the use of technology (UTAUT) on Muslim students’ intention in using m-banking. Based on the value of the coefficient of determinant (R2), the UTAUT model in this study is classified as a moderate m...

Research paper thumbnail of Do religiosity, halal knowledge, and halal certification affect Muslim students' intention to purchase halal packaged food?

Asian Journal of Islamic Management (AJIM)

Purpose: This study aims to analyze the factors that influence the intention of Muslim students i... more Purpose: This study aims to analyze the factors that influence the intention of Muslim students in purchasing halal packaged food.Methodology: This study uses the variables of religiosity, halal knowledge, halal certification, brand, attitude, subjective norm, and perceived behavior control. The sample of this research is 239 respondents who live in West Java, Central Java, and East Java. The partial least squares structural equation model (PLS-SEM) method was used to process the research data.Findings: Halal label variables, religiosity, attitudes, subjective norms, and perceived control have a positive effect on Muslim students' intention in purchasing halal packaged food. While the variables of halal knowledge and brand image do not affect the intention in purchasing halal packaged food.Originality: Halal packaged food companies need to develop promotions of halal packaged foods that highlight Islamic nuances, including more elegant and modern Islamic symbols. Besides, the pr...

Research paper thumbnail of Analysis of factor affecting financing with Islamic banks in agriculture sectors

Asian Journal of Islamic Management (AJIM), 2019

This study aims to determine the effect of non-performing finance, inflation, interest rates, Ban... more This study aims to determine the effect of non-performing finance, inflation, interest rates, Bank Indonesia Sharia Certificate variable, deposit, and Industrial Production Index on the financing of the agricultural sector in Islamic banks. Methodology: This study uses analysis tools with the Vector Auto Regression (VAR) method. The VAR method is applied if the data used is stationary and there is no cointegration. If the data used is stationary but there is cointegration, the analytical tool that will be applied is the Vector Correction Model (VECM) method. Findings: There is a causality between interest rates and financing in the agricultural sector. This situation can be interpreted that any increase in interest rates will result in people preferring financing to Islamic banks. Profit sharing and margins do not directly influence the increase in interest rates in conventional banks so that the increase in interest rates is relatively a cheaper cost of financing. Conversely, if there is a decrease in the interest rate on conventional banks, it will make people more likely to choose the financing in conventional banks rather than in Islamic banks Originality: This study enriches the discussion in factors affecting financing with Islamic Banks in agriculture sectors.

Research paper thumbnail of Jurnal Media Mahardhika-Vol 8 No. 3 Mei 2010 Pengaruh Rasio Likuiditas Dan Profitabilitas Terhadap Dividen Pay Out Ratio

The research mainly aims at: (1) analyzing partially the effect of liquidity ratio and profitabil... more The research mainly aims at: (1) analyzing partially the effect of liquidity ratio and profitability variables on dividend payout ratio of the company; and (2) analyzing simultaneously the effect of liquidity ratio and profitability variables on dividend payout ratio of the company. Research type subsumes into quantitativ e descriptive using the population of manufacturing companies listed at the Corner of Jakarta Stock Exchange. Analysis tool used relates to Multiple Regression. F-test and t-test examine the significance using SPSS. Results of statistic analysis indicate t hat: simultaneously, independent variable has obvious effect on dependent variable. This becomes evident because F-count > F-table. F-count reaches 47.314 and F-table equals to 2.25. Meanwhile, partial test or t-test shows that current ratio has negative effect on dividend payout ratio. Return on investment and return on equity have positive effect on dividend payout ratio meaning that if ROI and ROE improve, then dividend payout ratio also increase.

Research paper thumbnail of Equity Financing, Debt Financing, and Financial Performance in Islamic Banks

Muqtasid: Jurnal Ekonomi dan Perbankan Syariah, 2022

This research aims to determine the effect of bank size (SIZE), profitability (ROA), efficiency (EFF)... more This research aims to determine the effect of bank size (SIZE), profitability (ROA), efficiency (EFF), non-performing finance (NPF), interest (INTR), and inflation (INFL) on profit and loss sharing (PLS) financing (equity financing), and sale-purchase (SP) financing (debt financing) Islamic banks in Indonesia. Furthermore, monthly Islamic bank data in June 2014 to July 2020 was used. The autoregressive distributed lag (ARDL) method was used to determine the short and long-term effects of the independent variables on the financing variable. The results showed that ROA and EFF have a positive effect on MRF but ROA and EFF have a negative effect on MDA and MSF. NPF has a positive effect on MDF, but has a negative effect on MRF. Meanwhile, SIZE has a negative effect on MDF, MDA, MRF, and MRA. The INTR has a negative effect on MDA, MRF, and MRA. The implication of this research is that financialperformance has more influence on debt financing compared to equity financing of Islamic banks in Indonesia.

Research paper thumbnail of Modeling the interaction across international conventional and Islamic stock indices

Cogent Economics & Finance, 2021

Islamic financial instruments have been experiencing rapid growth in the last 50 years. Despite t... more Islamic financial instruments have been experiencing rapid growth in the last 50 years. Despite the unique motivation in formulating them, namely based on Syariah law, their movement might link to those of the conventional ones. This paper is devoted to investigating such interactions. It does so by applying two multivariate time series models to estimate various instruments, both Islamic and conventional ones. The models are the VAR (Vector Autoregression) and the VARMA-GARCH (Vector Autoregressive Moving Average-Generalized Autoregressive Heteroskedasticity). From the VAR model it finds evidence of bidirectional influences across both instruments. It also finds a conventional stock index that dominates the other series, namely the DJI (Dow Jones Index). From the VARMA-GARCH model, it finds influences from the conventional to Islamic index and vice versa, both in conditional mean and conditional variances. This paper suggests that the behavior of Islamic instruments are inseparable from the conventional ones. Future research might consider conditional correlations across these variables.

Research paper thumbnail of Do perceived zakat institutions and government support affect entrepreneurs' intention to pay zakat?

Review of Islamic Social Finance and Entrepreneurship

Purpose – This study aims to determine the effect of attitudes, subjective norms, institutional z... more Purpose – This study aims to determine the effect of attitudes, subjective norms, institutional zakat systems, and government support in influencing the interest of entrepreneurs in paying zakat. Methodology – There are 140 respondents in this research from 6 big cities in Java, such as Jakarta, Serang, Bandung, Semarang, Yogyakarta, and Surabaya. This research uses the Partial Least-Square-Structural Equation Modeling (PLS-SEM) analysis technique with the Theory of Reasoned Action (TRA) model. Finding – The findings reveal that attitudes, subjective norms, and perceived zakat institutions affect entrepreneurs' interest in paying zakat. Meanwhile, perceived government support does not affect entrepreneurs to pay zakat.Implications – Zakat institutions need to regularly involve Muslim entrepreneur organizations in zakat management programs so that perceptions about zakat institutions and the role of government in improving zakat management can increase the motivation of entrepren...

Research paper thumbnail of The intention of Muslim customers to adopt mobile banking: The case of Islamic banks in Indonesia

Cogent Business & Management, Dec 14, 2022

Research paper thumbnail of The intention of the young Muslim generation to purchase halal cosmetics: Do religiosity and halal knowledge matter?

Asian Journal of Islamic Management (AJIM)

Purpose – This study aims to examine the role of religiosity and knowledge in influencing subject... more Purpose – This study aims to examine the role of religiosity and knowledge in influencing subjective attitudes and norms. Then the influence of religion, knowledge, brand image, and product quality on the intention to buy Halal cosmetics products in the cosmetics industry in Indonesia.Methodology – This study used a purposive sampling method to collect data. As many as 522 young Muslim consumers in 32 provinces in Indonesia have previously used halal cosmetic products.Findings – The study results show that religiosity and Halal product knowledge significantly influence attitudes, subjective norms, and intentions to buy halal cosmetic products. Interestingly, the findings reveal that product knowledge has a higher impact on religiosity on attitudes, subjective norms, and intentions to buy in terms of cosmetics. Meanwhile, attitudes, brand image, and product quality affect intention, but subjective norms do not affect the intention of the young Muslim generation to buy cosmetic produc...

Research paper thumbnail of Analisis Determinan Yang Mempengaruhi Pembiayaan Murabahah Pada Bank Umum Syariah DI Indonesia

HUMAN FALAH: Jurnal Studi Ekonomi dan Bisnis Islam

This study aims to analyze the determinants of murabahah financing as seen from microeconomic fac... more This study aims to analyze the determinants of murabahah financing as seen from microeconomic factors such as Third Party Funds, Capital Adequacy Ratio (CAR), Non Performing Financing (NPF), Return On Assets (ROA), Financing to Deposit Ratio (FDR), and BOPO as well as from macroeconomic factors such as BI rate and Inflation that are seen as having an effect in the short and long term. Analysis in this study uses secondary time series data taken from monthly data of OJK and BPS, namely from January 2015 to July 2020. Observation used as many as 67 observations and analysis methods used is Auto-Regressive Distributed Lag (ARDL) with Eviews 9 application. The results obtained from this study are in the short term variables that do not affect Murabahah Financing in Sharia Commercial Banks including CAR, ROA, NPF, BOPO, and Inflation. Meanwhile, Third Party Funds and FDR have a positive relationship and have a significant influence on Murabahah Financing. Then, the BI Rate affects Muraba...

Research paper thumbnail of Analisis Likuiditas Bank Umum Syariah di Indonesia

Jurnal Ilmiah Ekonomi Islam

This study aims to determine the effect of capital adequacy (CAR), profitability (ROA), non-perfo... more This study aims to determine the effect of capital adequacy (CAR), profitability (ROA), non-performing financing (NPF) and efficiency (BOPO) on liquidity (FDR) in Islamic commercial banks. The data for this research are Bank Central Asia (BCA) Syariah, Bank Bukopin Syariah, Bank Mega Syariah, Bank Maybank Syariah, and Bank Muamalat Indonesia in the period 2013-2018. Chow test and Hausman test were carried out to get the best panel model in this study. This study found that ROA and BOPO had a positive effect on liquidity, while CAR and NPF showed a negative effect on liquidity. The implication of this research for bank management is that there is a need for continuous efforts to increase the profitability (ROA) of Islamic commercial banks by distributing financing safely and optimally. In addition, efforts to improve efficiency (BOPO) need to be carried out by formulating a planned and measurable bank operational management program. Bank policies on ROA and BOPO levels will affect th...

Research paper thumbnail of The Intention to Hoard Food and Help during Covid-19 Pandemic

MIMBAR : Jurnal Sosial dan Pembangunan

The government issued an emergency public activity restrictions policy to reduce Covid 19 cases. ... more The government issued an emergency public activity restrictions policy to reduce Covid 19 cases. This policy causes people to tend to hoard food to anticipate food shortages. In addition, this policy creates empathy among the community to help others because some people have difficulty earning income. This study determines the effect of subjective norms (SN), perceived behavior control (PBC), health awareness (HAW), perceived social support (PSS), and religiosity (RE) on the intention in hoarding food (INHF) and helping people (INHP) during restrictions. The respondents comprised 436 people from 22 provinces in Indonesia. Hypotheses were tested using the Structural Equation Modeling (SEM) analysis method with Partial Least Square (SmartPLS) software. The results showed that SNHF affected INHF, while PBCHF and PBCHP positively affected the INHF and INHP. Moreover, PSS had a positive impact on the INHP, HAW negatively affected INHF and INHP, while RE does not affect INHF and INHP. Th...

Research paper thumbnail of Analisis deposito mudharabah pada perbankan syariah di Indonesia periode 2014 – 2018

Jurnal Kebijakan Ekonomi dan Keuangan

Purpose – This study was conducted to analyze the factors that influence the amount of mudharabah... more Purpose – This study was conducted to analyze the factors that influence the amount of mudharabah deposits in Islamic banking in Indonesia. Methods – This study uses monthly data in the 2014-2018 period with the Error Correction Model (ECM) approach. Findings – The results of this study indicate that the Production Index has a positive effect and inflation has a negative effect on mudharabah deposits. Meanwhile, the Financing Deposit Ratio (FDR) has no effect on mudharabah deposits. Implication – External banking factors such as the Production Index and inflation have an influence on the conditions of Islamic banking, so it is necessary to have appropriate policies to improve banking conditions. Originality – This study focuses on analyzing external banking factors such as the Production Index and Inflation and using the Error Correction Model (ECM) analysis tool in its estimation. Abstrak Tujuan – Penelitian ini dilakukan untuk menganalisis faktor-faktor yang mempengaruhi jumlah ...

Research paper thumbnail of Tingkat Efisiensi Perbankan Syariah Dan Konvensional Dengan Mengunakan Data Envelopment Analysis (Dea)

Jurnal Ekonomi & Keuangan Islam

This research utilizesa non-parametric frontier approach, Data Envelopment Analysis (DEA). By usi... more This research utilizesa non-parametric frontier approach, Data Envelopment Analysis (DEA). By using such an analysis, the purpose of this study is to analyse 3 Islamic banks in Indonesia during 2007-2010 period. In general, the result of study indicates that the level of efficiency of Islamic bank is various moving over time. In intermediary efficiency, conventional bank is found to be more efficient than Islamic bank. Moreover, conventional bank is more efficient than Islamic bank. Since the study pinpoints the sources of inefficiency, it also helps to provide the banks with strategic planning

Research paper thumbnail of Istilah-istilah bank dan lembaga keuangan syariah/ Sudarsono

Research paper thumbnail of Pelatihan Internet Marketing Untuk Komunitas Difabel LSM Ciqal DI Desa Trihanggo, Gamping, Sleman, Yogyakarta

Penyandang disabilitas merupakan masyarakat yang memiliki keterbatasan dan menghadapi hambatan da... more Penyandang disabilitas merupakan masyarakat yang memiliki keterbatasan dan menghadapi hambatan dalam melakukan aktivitas kesehariannya. Keterbatasan yang dimiliki yaitu pada sebagian anggota tubuhnya seperti kaki/tangan, lumpuh, buta, tuli, dan sebagainya. Di tengah masyarakat saat ini, penyandang disabilitas masih dianggap sebelah mata dan bukan bagian dari orang yang normal serta menghadapi berbagai macam kendala dalam pemenuhan hak-hak dasarnya sebagi anggota masyarakat. Namun tidak dapat dipungkiri bahwa banyak difabel yang mempunyai kemampuan khusus yang berhubungan dengan keterbatasan fisik yang dimilikinya. Hal tersebut terbukti pada kelompok difabel yang berada di bawah naungan LSM CIQAL di Desa Trihanggo, Sleman. Lembaga Swadaya Masyarakat tersebut melakukan pembinaan bagi difabel untuk menghasilkan suatu produk yang mempunyai nilai jual dan nilai ekonomis yang tinggi. Namun permasalahannya adalah produk yang dihasilkan belum dapat dipasarkan secara optimal karena adanya ke...

Research paper thumbnail of Undang-undang (UU), peraturan Bank Indonesia (PBI), dan surat keputusan direksi BI (SK-Dir) tentang perbankan syariah

Research paper thumbnail of Konsep ekonomi Islam: suatu pengantar

Research paper thumbnail of Bank dan lembaga keuangan syariah: deskripsi dan ilustrasi

Research paper thumbnail of Does “Halalness” Affect Young Muslims’ Intentions to Use the COVID-19 Vaccine?

Indonesian Journal of Halal Research

Young Muslims comprise a large population in Indonesia. This study analyzes the effect of halal a... more Young Muslims comprise a large population in Indonesia. This study analyzes the effect of halal awareness, halal certification, attitudes, subjective norms, perceived behavior controls and vaccine quality on young Muslims’ intentions to use the COVID-19 vaccine. This study involved 699 random respondents from 32 provinces in Indonesia. This research model develops Theory Planned Behavior (TPB) using structural equation modeling (SEM) with partial least squares structural equation modeling (PLS-SEM) data processing tools. The results showed that halal awareness and certificates had a P-value of <0.05 or positively affected Muslims’ attitude towards vaccines. Likewise, halal awareness, attitudes, subjective norms and vaccine quality have a P-value of <0.05 and perceived behavior control has a P-value of <0.10 or positively affects Muslims’ intentions to use vaccines. However, halal certification has a P-value of >0.10 or does not affect their intention to use vaccines. Isl...

Research paper thumbnail of Examining the adoption of mobile banking: Empirical evidence from Indonesian Muslim students

Banks and Bank Systems

The shifting trend toward m-banking services has caused competition, as multiple banks compete to... more The shifting trend toward m-banking services has caused competition, as multiple banks compete to convince customers to adopt m-banking services, and so must deliver excellent services. As a result, banks must prioritize meeting client expectations and providing high-quality services to compete. This study aims to examine the factors influencing Muslim students’ intentions to use mobile banking (m-banking) in Islamic banks (IB), conventional banks (CB), and conventional Islamic banks in Indonesia (ICB). The study sample consisted of 315 Muslim students who use m-banking in Islamic banks, 369 Muslim students who use conventional banks, and 207 Muslim students who use conventional Islamic banks. The partial least square (PLS) method was used to evaluate the unified theory of acceptance and the use of technology (UTAUT) on Muslim students’ intention in using m-banking. Based on the value of the coefficient of determinant (R2), the UTAUT model in this study is classified as a moderate m...

Research paper thumbnail of Do religiosity, halal knowledge, and halal certification affect Muslim students' intention to purchase halal packaged food?

Asian Journal of Islamic Management (AJIM)

Purpose: This study aims to analyze the factors that influence the intention of Muslim students i... more Purpose: This study aims to analyze the factors that influence the intention of Muslim students in purchasing halal packaged food.Methodology: This study uses the variables of religiosity, halal knowledge, halal certification, brand, attitude, subjective norm, and perceived behavior control. The sample of this research is 239 respondents who live in West Java, Central Java, and East Java. The partial least squares structural equation model (PLS-SEM) method was used to process the research data.Findings: Halal label variables, religiosity, attitudes, subjective norms, and perceived control have a positive effect on Muslim students' intention in purchasing halal packaged food. While the variables of halal knowledge and brand image do not affect the intention in purchasing halal packaged food.Originality: Halal packaged food companies need to develop promotions of halal packaged foods that highlight Islamic nuances, including more elegant and modern Islamic symbols. Besides, the pr...

Research paper thumbnail of Analysis of factor affecting financing with Islamic banks in agriculture sectors

Asian Journal of Islamic Management (AJIM), 2019

This study aims to determine the effect of non-performing finance, inflation, interest rates, Ban... more This study aims to determine the effect of non-performing finance, inflation, interest rates, Bank Indonesia Sharia Certificate variable, deposit, and Industrial Production Index on the financing of the agricultural sector in Islamic banks. Methodology: This study uses analysis tools with the Vector Auto Regression (VAR) method. The VAR method is applied if the data used is stationary and there is no cointegration. If the data used is stationary but there is cointegration, the analytical tool that will be applied is the Vector Correction Model (VECM) method. Findings: There is a causality between interest rates and financing in the agricultural sector. This situation can be interpreted that any increase in interest rates will result in people preferring financing to Islamic banks. Profit sharing and margins do not directly influence the increase in interest rates in conventional banks so that the increase in interest rates is relatively a cheaper cost of financing. Conversely, if there is a decrease in the interest rate on conventional banks, it will make people more likely to choose the financing in conventional banks rather than in Islamic banks Originality: This study enriches the discussion in factors affecting financing with Islamic Banks in agriculture sectors.

Research paper thumbnail of Jurnal Media Mahardhika-Vol 8 No. 3 Mei 2010 Pengaruh Rasio Likuiditas Dan Profitabilitas Terhadap Dividen Pay Out Ratio

The research mainly aims at: (1) analyzing partially the effect of liquidity ratio and profitabil... more The research mainly aims at: (1) analyzing partially the effect of liquidity ratio and profitability variables on dividend payout ratio of the company; and (2) analyzing simultaneously the effect of liquidity ratio and profitability variables on dividend payout ratio of the company. Research type subsumes into quantitativ e descriptive using the population of manufacturing companies listed at the Corner of Jakarta Stock Exchange. Analysis tool used relates to Multiple Regression. F-test and t-test examine the significance using SPSS. Results of statistic analysis indicate t hat: simultaneously, independent variable has obvious effect on dependent variable. This becomes evident because F-count > F-table. F-count reaches 47.314 and F-table equals to 2.25. Meanwhile, partial test or t-test shows that current ratio has negative effect on dividend payout ratio. Return on investment and return on equity have positive effect on dividend payout ratio meaning that if ROI and ROE improve, then dividend payout ratio also increase.

Research paper thumbnail of Equity Financing, Debt Financing, and Financial Performance in Islamic Banks

Muqtasid: Jurnal Ekonomi dan Perbankan Syariah, 2022

This research aims to determine the effect of bank size (SIZE), profitability (ROA), efficiency (EFF)... more This research aims to determine the effect of bank size (SIZE), profitability (ROA), efficiency (EFF), non-performing finance (NPF), interest (INTR), and inflation (INFL) on profit and loss sharing (PLS) financing (equity financing), and sale-purchase (SP) financing (debt financing) Islamic banks in Indonesia. Furthermore, monthly Islamic bank data in June 2014 to July 2020 was used. The autoregressive distributed lag (ARDL) method was used to determine the short and long-term effects of the independent variables on the financing variable. The results showed that ROA and EFF have a positive effect on MRF but ROA and EFF have a negative effect on MDA and MSF. NPF has a positive effect on MDF, but has a negative effect on MRF. Meanwhile, SIZE has a negative effect on MDF, MDA, MRF, and MRA. The INTR has a negative effect on MDA, MRF, and MRA. The implication of this research is that financialperformance has more influence on debt financing compared to equity financing of Islamic banks in Indonesia.