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THE EFFECT OF GROSS DOMESTIC PRODUCT, EXPORTS, IMPORTS, EXCHANGE RATES, INFLATION AND EXTERNAL DEBT ON INDONESIA'S FOREIGN EXCHANGE RESERVES IN 2017-2020 (STUDY FROM AN ISLAMIC PERSPECTIVE) Alda Heriyatma; Elok Fitriani Rafikasari; Moh Farih Fahmi
Qawanin: Jurnal of Economic Syaria Law Vol 6 No 2 (2022): December
Publisher : Fakultas Syariah IAIN Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30762/qaw.v6i2.156

Abstract

Indonesia is a country that cannot be separated from international relations. In addition, it also has a major influence in the event iof fluctuations in the world economy caused by adopting an open economic system. By conducting international relations, of course, it can increase foreign exchange reserves which of course provide benefits for the country. Indonesia itself has little foreign exchange reserves available because it is used to pay off the government's foreign debt and high import costs. If a country makes foreign loans continuously, the amount of foreign exchange reserves will decrease, so that the economy becomes sluggish. The purpose of this study was to analyze the effect of gross domestic product, exports, imports, exchange rates, inflation and foreign debt on Indonesia's foreign exchange reserves. The sample in this study is 48 data from 2017-2020. This research method is a quantitative approach with data analysis using classical assumption test, multiple linear regression analysis, hypothesis testing and coefficient of determination test with data processing test equipment, namely SPSS version 16. The results show that partially (1) gross domestic product has a positive and positive effect. significant effect on Indonesia's foreign exchange reserves, (2) exports have a positive and significant effect on Indonesia's foreign exchange reserves, (3) imports have a negative and significant effect on Indonesia's foreign exchange reserves, (4) the exchange rate has a negative and significant effect on Indonesia's foreign exchange reserves, (5) inflation does not have a significant effect on Indonesia's foreign exchange reserves, (6) foreign debt has a positive and significant effect on Indonesia's foreign exchange reserves, (7) simultaneously gross domestic product, exports, imports, exchange rates, inflation and foreign debt have a positive and significant effect on Indonesia’s foreign exchange reserves
The Concept of Profit Sharing on Deposits Sharia in Islamic Bank for Non-Muslim Market Moh Farih Fahmi; Binti Mutafarida; Ahmad Hanif Fajrin
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 7 No 4 (2022)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (399.883 KB) | DOI: 10.30651/jms.v7i4.18036

Abstract

A concept of an ideal alternative solution to Islamic banking that is less attractive, especially in sharia deposit fund investment products, is certainly an issue that must be resolved immediately. The concept of Islamic banks that should be oriented towards rahmatan lil alamin certainly must be open to all humanity, including non-Muslims. The customers' insecurity towards sharia bank deposit products is one of the reasons for this is "unrepresentation" or incompatibility of Islamic banking towards the desire of non-Muslim customers to discuss profit agreements in Islamic banking. This is evidenced by Islamic bank products in the form of sharia deposits that only use mudhorobah contracts. This agreement emphasizes that profits cannot be determined at the beginning like conventional banks, this is a problem for non-Muslim customers. Therefore, as a form of rahmatan lil alamin orientation, Islamic banking needs to find a solution so that non-Muslims want to put deposit funds in Islamic banks by using fixed profits and can be determined in the beginning but do not violate Islamic teachings. So in this paper we will discuss a solution solution for sharia deposit contracts using murabahah contracts, especially for non-Muslim customers whose studies are supported by theories whose references are valid and relevant literature
KEEPING HALAL SUBSTANCE IN THE MIDDLE OF COMPETITION OF HALAL INVESTIGATION INSTITUTIONS AND SELF DECLARE PATHWAY IN INDONESIA Moch. Khoirul Anwar; A'rasy Fahrullah; Moh. Farih Fahmi; Ahmad Ajib Ridlwan
AMWALUNA (Jurnal Ekonomi dan Keuangan Syariah) Vol 6, No 2 (2022)
Publisher : Univeristas Islam Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v6i2.11715

Abstract

Halal and haram is a matter of principle in Islamic teachings, because it is not just ta'aqquli but also ta'abbudi. On the other hand, the emergence of many Halal Inspection Agencies (LPH) allows competition to arise between them by providing the best service for business actors. In addition, the Government is also highly promoting halal certification through the self-declare route. If you are not careful, then this can threaten the halal substance. This paper is included in the category of conceptual or library research ( Library Research ) whose research focus will be directed at various literatures that discuss halal substances and policies regarding halal inspection. Furthermore, the data was analyzed using Content Analysis in framework identify characteristics Specific message or data that has been collected. Result of study This show that in order to maintain halal substance, Halal Inspection Agency and Halal Assistance should not only be profit oriented but also oriented towards protecting Muslim consumers. Second, the Ministry of Religion of the Republic of Indonesia must play an active role in regulating and providing guidance to the Halal Inspection Agency and Halal Companion. Third, Halal Auditor and Halal Companion as representatives of the clergy must uphold honesty and be free of conflicts of interest. Fourth, among members of the MUI fatwa commission that determines product halalness, there must be someone who understands food technology or the like.
The Role of The Sharia Supervisory Board (DPS) in Supervision of Shariah Compliance in BMT East Java Moch. Khoirul Anwar; Wakhidah Nur Rohmatul Laili; Moh. Farih Fahmi
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 7 No 4 (2022)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (337.654 KB) | DOI: 10.30651/jms.v7i4.18170

Abstract

In carrying out its duties and responsibilities, DPS is required to comply with sharia provisions in order to maintain the stability and existence of BMT. The purpose of this study is to reveal the role of DPS in supervising sharia compliance with managers and implementation of BMT management. This type of research uses field research with a qualitative approach. The type of data used is primary data through the responses of 13 DPS spread across East Java. The results of the study found that the majority of DPS did not fully understand the concept of sharia compliance according to the DSN-MUI fatwa so that the supervision carried out by DPS had not run optimally.
ANALISIS KETERSESUAIAN KURIKULUM EKONOMI SYARIAH DENGAN KOMPETENSI KERJA ALUMNI SEBAGAI UPAYA PENINGKATAN MUTU PRODI EKONOMI SYARIAH DI UIN SAYYI ALI RAHMATULLAH TULUNGAGUNG Suminto Suminto; Moh Farih Fahmi
UTILITY: Jurnal Ilmiah Pendidikan dan Ekonomi Vol 7 No 01 (2023): February Edition
Publisher : Program Studi Pendidikan Ekonomi STKIP Nurul Huda OKU Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30599/utility.v7i01.2167

Abstract

Kurikulum disusun harus berdasarkan pada standar KKNI, penyususnannya berdampak pada kualitas lulusan yang dihasilkan. UIN Sayyid Ali Rahmatullah Tulunggaung telah menerapkan kurikulum KKNI dan mencetak lulusan. Tujuan dari penelitian ini yakni mengkaji tentang relevansi kurikulum ekonomi syariah dengan kompetensi kerja serta mengevaluasi kurikulum ekonomi syariah untuk peningkatan mutu lulusan serta kesesuaian kurikulum alumni program studi ekonomi syariah UIN Sayyid Ali Rahmatullah Tulunggaung dengan pekerjaan,. Penelitian dalam artikel ini termasuk jenis penelitian kualitatif dengan menggunakan pendekatan fenomenologi. Hasil penelitian yang dipaparkan dalam artikel ini adalah (1) Prodi ekonomi syariah UIN Sayyid ali rahmatullah Tulungagung sudah melakukan evaluasi terhadap kurikulum secara berkala. (2) Hasil tracer studi menunjukkan bahwa alumni sudah mempunyai pekerjaan yang sesuai keilmuan ekonomi syariah dan (3) Terdapat sinkronisasi antara mata kuliah dan tantangan kerja sehingga kurikulum prodi ekonomi syariah sudah relevan dan bermanfaat bagi mahasiswa dan alumni yang sudah bekerja dibidang yang sesuai dengan keilmuannya.
Analisa Persepsi Masyarakat Tentang Biaya Administrasi Di Bank Konvensional Dengan Pendekatan Al-Urf Dan Relevansinya Pada Ekonomi Islam Moh Farih Fahmi; Mohammad Thoha Ainun; Ahmad Hanif Fajrin; Binti Mutafarida; Ulya Nur Isnaini
Juornal of Economics and Policy Studies Vol 4 No 01 (2023): JEPS Vol 4 No 1 2023
Publisher : UIN Sayyid Ali Rahmatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/jeps.v4i01.8273

Abstract

Artikel ini memabahas tentang persepsi masyarakat terhadap biaya administrasi di bank konvensional yang masih pro dan kontra bagi masyarakat Indonesia. Perbedaan tersebut bisa disebabkan karena adanya banyak faktor salah satunya adalah pemahaman yang kurang terkait perbankan dan ekonomi Islam. Maka dari itu dalam artikel ini akan mencoba membahas tentang perbedaan persepsi dimasyarakat terkait biaya administrasi, kemudian mencoba mengkaji relevansi al-urf pada biaya administrasi dan kajian ketiga adalah tentang bagaimana posisi maqashid syariah pada biaya administarsi di bank konvensional. Metode yang dipaikai pada artikel ini adalah metode kualitatif dengan pendekatan maqashid syariah dan pendekatan fenomenologi. Penggalian data diperoleh dengan teknik wawancara dan observasi secara acak kepada muslim yang pernah menjadi nasabah di bank konvensioal. Hasil dari kajian ini adalah persepsi masyarakat yang berbeda telah dipengaruhi oleh banyak faktor fundamental seperti faktor kemapuan ekonomi dan pemahaman. Kedua adalah urf masih sangat relevan jika digunakan sebagai dasar biaya administarsi di bank konvensional, ketiga dari aspek maqashid syariah biaya administrasi sudah sesuai dengan kulliyat al khams. Berdasarkan kajian yang dipaparkan dalam artikel ini ada satu kesimpulan utama bahwa biaya administrasi tetap sah namun tetap harus ada batasan bahwa biaya administrasi hanya bisa dibenarkan ketika diimplementasikan diluar keperluan hutang piutang antara pihak bank dan nasabah