Muhammad Muflih
The State Polytechnic of Bandung (POLBAN)

Published : 7 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 7 Documents
Search

THE IMPOSSIBILITY OF REVIVING DINAR AND DIRHAM CURRENCY SYSTEM IN THE MODERN ECONOMY WORLD Muflih, Muhammad
Journal of Indonesian Economy and Business Vol 27, No 1 (2012): January
Publisher : Journal of Indonesian Economy and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (8.581 KB)

Abstract

This study proves that in the discourse of fiqh, Islamic history, and Islamic banking the position of the concept of reviving the currency of dirham and dinar is very weak.Indicators that justify the conclusion of this study are: (1) there is a correspondence with historical evidence of inflation in the Islamic world, (2) there is correspondence with thoughts of fiqh, (3) there is a correspondence with modern syariah financial concept, and (4) there is a correspondence with Islamic banking attitude.This study is written to challenge the idea of Ahmad Hasan, Hifzu Rab, Khan-Mirakhor, Meera-Larbani, and ‘Umar Vadillo who state that inflation problem in Islamic world is best solved by reapplying the currencies of dinar and dirham as bases of transaction mediation. The inaccuracy of conclusion of the modern Islamic economist figures was shown by many historical facts showing the turmoil in values of these two gold bills in time of inflation. Other reasons for the fragility of these two currencies are;(i) lack of support of the fiqh expert in strengthening these currency systems as way out of the inflation-affected transaction, (ii)lack of support of fiqh experts to urge Islamic worlds to use only dinar and dirham as official currency,(iii) lack of support of Islamic banking experts to revive the use of dinar and dirham as transaction bases and remedy for inflation-affected transaction. The facts showed that the chosen system taken by fiqh and Islamic banking experts in settling the inflation-affected transaction was the strengthening of mu‘âmalah transaction system instead of alternating the currency system. The outcome of the strengthening the mu‘âmalah transaction system is a concept of price adjustment.The concept of price adjustment gives a strong implication to modern Islamic banking as an instrument of the mu‘âmalah transaction system support when facing inflation cases.Keywords: inflation, islamic banking, dinar, dirham
CASH BUDGET DALAM SISTEM BISNIS SYARIAH Muflih, Muhammad
Economica: Jurnal Ekonomi Islam Vol 5, No 1 (2014)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2014.5.1.764

Abstract

Studi ini membuktikan bahwa cash budget yang dilaksanakan dalam sistem bisnis syariah dapat memberikan solusi yang efektif dalam perencanaan bisnis bagi hasil dan sekaligus dapat memberikan solusi yang sangat baik dalam permasalahan biaya dan defisit. Pilar terbangunnya cash budget yang Islami adalah sistem permodalan bagi hasil mudharabah di mana pemodal (shahib al-mal) memberikan sokongan keuangan yang sangat kuat dan siap bekerjasama dalam menghadapi risiko biaya dan defisit, pola penerimaan yang sesuai dengan prinsip syariah, pola pengeluaran yang sesuai dengan prinsip syariah, dan langkah penyelesaian defisit yang adil dan tepat. Dalam hal penyelesaian defisit, besarnya penambahan biaya ditentukan oleh nilai saldo yang wajar dan defisit riilnya.
Altruism Models In Islamic Consumption System Muflih, Muhammad
International Journal of Islamic Business and Economics (IJIBEC) IJIBEC VOLUME 1 NO. 2 DECEMBER 2017
Publisher : Faculty of Islamic Economics and Business of Institut Agama Islam Negeri (IAIN) Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (461.944 KB) | DOI: 10.28918/ijibec.v1i2.995

Abstract

This study succeeded in proving that altruism is an inseparable element in the Islamic consumption system because it is able to lead a consumer to the best level of godliness. Just by assuming that , the formation of satisfaction in Islamic altruism cannot be determined by one stage. It is plotted into three stages, namely: (1) compassion utility originating from the spirit of social emotion, enabling it to create as an emblem of emotional satisfaction; (2) rationalizing social-spiritual gain originating from a motivation to reach a religiously promised reward for a sacrifice made by a consumer for the poor and needy, resulting in as an indicator of a consumer’s gains; and (3) God and human relationship originating from the spirit of a consumer to always be close to God absent of reward, symbolized by . What is unique is the three forms of altruism have a one direction altruism pattern unknown to among economists and altruists. This finding is especially contributes to the Islamic Philanthropic Institution in identifying a class of altruism in Muslims. Evidently, their altruism pattern is closely attached to their consumption system.
APLIKASI SISTEM KEUANGAN MUSYARAKAH MUTANAQISHAH SEBAGAI INSTRUMEN PERMODALAN UMKM DI INDONESIA Muflih, Muhammad; Setyowati, Diharpi Herli
el-Qist : Journal of Islamic Economics and Business (JIEB) Vol. 5 No. 2 (2015): eL-Qist
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam UIN Sunan Ampel Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study is intended to give the solution of minimum rate of funding in the area of small and middle enterprise. So far, Islamic banking posses the system of musyaraqah mutanaqishah (MMQ) as the new way in enlarging the scope of business of profit sharing system. Unfortunately, in the real process, this system was intent on optimalizing the property business. This study tries creating the new direction of MMQ, namely to organize the potentiality of MMQ in lifting up its funding system for the existance as well as the sustainability of small and middle enterprise. By applied analysis approach, this study was successful in configurating the practice system of MMQ funding in the region of small and middle enterprise. To make easy the process of application, baitul mal wa tamwil is laid as the experiment place.
Do Islamic Bank Assets Help Reducing Poverty? The Correlation Assessment in Poverty Cluster Muflih, Muhammad
Economica: Jurnal Ekonomi Islam Vol 10, No 2 (2019)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2019.10.2.3232

Abstract

Abstract: The purpose of this research is to examine the ability of total assets, deposit funds, and financing of Islamic banks in alleviating poverty in each province. Provincial clusters were measured by poverty levels which are deliberately established to reveal the level of success of each provincial cluster in reducing poverty. This study incorporates methods of hierarchical cluster and non-parametric correlation as means of exposing characters of the relationship between Islamic bank assets and poverty in each cluster measured by low, moderate, and high poverty levels. To refine the findings, correlation tests are performed on each cluster. This study proves that total assets, deposit funds, and Islamic bank financing have a significant negative relationship with poverty in clusters with high poverty level. On the other hand, in clusters with moderate and low poverty levels, the three variables do not have significant negative relationship with poverty. The finding implies the importance of Islamic banks to map the poverty weights in each group of regions so that it can be used to improve the level of poverty alleviation success.Abstrak: Penelitian ini bertujuan untuk menguji kemampuan total aset, dana pihak ketiga, dan pembiayaan bank syariah mengentaskan kemiskinan di setiap provinsi. Kluster provinsi yang diukur menurut tingkat kemiskinan untuk mengungkap level keberhasilan setiap kelompok dalam mengurangi angka kemiskinan. Penelitian ini memadukan metode kluster hirarki dan korelasi non-parametrik sebagai alat untuk mengungkap karakter hubungan aset-aset bank syariah dan kemiskinan. Untuk mempertajam temuan, uji korelasi dilakukan terhadap masing-masing kluster. Penelitian ini membuktikan bahwa total aset, dana pihak ketiga, dan pembiayaan bank syariah memiliki hubungan negatif signifikan dengan kemiskinan pada kluster yang tingkat kemiskinannya tinggi. Sedangkan pada kluster yang tingkat kemiskinannya sedang dan rendah, ketiga variabel tersebut tidak memiliki hubungan negatif signifikan dengan kemiskinan. Temuan ini mengimplikasikan pentingnya bank syariah memetakan bobot kemiskinan di setiap kelompok daerah sehingga dapat digunakan untuk meningkatkan level keberhasilan pengentasan kemiskinan.
Kepuasan Industri Keuangan Syariah terhadap Kinerja Mahasiswa Magang Perguruan Tinggi: Analisis Teori Ekspektasi-Diskonfirmasi Muflih, Muhammad
JPEKA: Jurnal Pendidikan Ekonomi, Manajemen dan Keuangan Vol 5, No 1 (2021)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jpeka.v5n1.p13-22

Abstract

AbstrakStudi ini bertujuan untuk mengestimasi peran kinerja magang perguruan tinggi dalam mempengaruhi kepuasan industri keuangan syariah. Dengan memanfaatkan hasil wawancara terhadap 30 orang praktisi keuangan syariah, studi ini melakukan analisis kualitatif. Studi ini menemukan bahwa faktor ekspektasi dan diskonfirmasi berperan penting dalam meningkatkan kepuasan industri keuangan syariah. Secara akademik, studi ini mengimplikasikan perluasan pengetahuan tentang rekayasa kepuasan industri. Secara praktis, studi ini mengimplikasikan pentingnya link and match antara industri dan perguruan tinggi dalam tiga hal (keseragaman penilaian program magang, penciptaan MOU, dan kerjasama pengembangan kurikulum). Kata Kunci: Kinerja Magang Perguruan Tinggi, Teori Ekspektasi-Diskonfirmasi, Kepuasan, Industri Keuangan Syariah AbstractThis study aims to estimate the role of university internship performance in influencing satisfaction of the Islamic financial industry. By utilizing the results of interviews with 30 practitioners of Islamic finance, this study conducted a qualitative analysis. This study found that the factors of expectation and disconfirmation play an important role in increasing satisfaction of the Islamic financial industry. Academically, this study broadens engineering knowledge of industrial satisfaction towards internship program. Practically, this study implies the importance of links and matches between industry and universities in three ways (uniformity of internship performance scoring, MOU creation, and curriculum development cooperation). Keywords: University Internship Performance, Expectation-Confirmation Theory, Satisfaction, Islamic Finance Industry
Kepuasan Industri Keuangan Syariah terhadap Kinerja Mahasiswa Magang Perguruan Tinggi: Analisis Teori Ekspektasi-Diskonfirmasi Muflih, Muhammad
JPEKA: Jurnal Pendidikan Ekonomi, Manajemen dan Keuangan Vol. 5 No. 1 (2021)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jpeka.v5n1.p13-22

Abstract

AbstrakStudi ini bertujuan untuk mengestimasi peran kinerja magang perguruan tinggi dalam mempengaruhi kepuasan industri keuangan syariah. Dengan memanfaatkan hasil wawancara terhadap 30 orang praktisi keuangan syariah, studi ini melakukan analisis kualitatif. Studi ini menemukan bahwa faktor ekspektasi dan diskonfirmasi berperan penting dalam meningkatkan kepuasan industri keuangan syariah. Secara akademik, studi ini mengimplikasikan perluasan pengetahuan tentang rekayasa kepuasan industri. Secara praktis, studi ini mengimplikasikan pentingnya link and match antara industri dan perguruan tinggi dalam tiga hal (keseragaman penilaian program magang, penciptaan MOU, dan kerjasama pengembangan kurikulum). Kata Kunci: Kinerja Magang Perguruan Tinggi, Teori Ekspektasi-Diskonfirmasi, Kepuasan, Industri Keuangan Syariah AbstractThis study aims to estimate the role of university internship performance in influencing satisfaction of the Islamic financial industry. By utilizing the results of interviews with 30 practitioners of Islamic finance, this study conducted a qualitative analysis. This study found that the factors of expectation and disconfirmation play an important role in increasing satisfaction of the Islamic financial industry. Academically, this study broadens engineering knowledge of industrial satisfaction towards internship program. Practically, this study implies the importance of links and matches between industry and universities in three ways (uniformity of internship performance scoring, MOU creation, and curriculum development cooperation). Keywords: University Internship Performance, Expectation-Confirmation Theory, Satisfaction, Islamic Finance Industry