cover
Contact Name
Deni Eko Saputro
Contact Email
061002218@uii.ac.id
Phone
+62748-81546
Journal Mail Official
editor.ajim@gmail.com
Editorial Address
P3EI-Center for Islamic Economics Studies and Development (Pusat Pengkajian dan Pengembangan Ekonomi Islam) Faculty of Business & Economics, Universitas Islam Indonesia Prawiro Kuat Street, Ringroad Utara, Condongcatur, Depok, Sleman, Yogyakarta, Indonesia, 55283 Phone: +6274881546; Fax: +6274882589
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
ASIAN JOURNAL OF ISLAMIC MANAGEMENT (AJIM)
ISSN : 27460037     EISSN : 27222330     DOI : http://dx.doi.org/10.20885/AJIM
The Asian Journal of Islamic Management (AJIM) is a peer-review journal publishes quality and in-depth analysis on current issues within Asia and Islamic management topics. The journal publishes twice a year every June and December. AJIM welcomes strong and original evidence-based empirical studies on the aspect of Islamic management in the Asia context. The journal is open-accessed for scholarly readers. The following are suggested areas of interest, but not limited to: Marketing of Islamic financial products and services Halal supply chain and operations management Halal tourism and hospitality management Halal foods, beverages, cosmetics, pharmaceuticals, toiletries Muslim consumer behavior, segmentation, targeting, positioning Religiosity of consumers, employees, leaders, managers, suppliers Islamic codes of conduct and ethics in management Islamic leadership and followership, leader-member relations Takaful, zakah (charity) and waqf management Riba, gharar, maisir Islam, technology and management Digital marketing, financial technology, e-recruitment Islam, competition, coopetition and strategic management Islam, cross-culture and management Value chain management and customer satisfaction Islamic lean manufacturing, and operations
Articles 54 Documents
Effect of Islamic corporate governance on customer trust: empirical study on Islamic bank Agung Budi Sulistiyo; Siti Maria Wardayati; Arif Hidayatullah; Shita Silvia Nahdia Riesky
Asian Journal of Islamic Management (AJIM) VOLUME 2 ISSUE 1, 2020
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol2.iss1.art2

Abstract

Purpose: This study aims to analyze the effect of Islamic corporate governance and shariah compliance on customer trust in Islamic bank.Methodology: The research method used is a quantitative method with random sampling technique. The data analysis technique used is descriptive statistics and multiple linear regression techniques to test the hypothesis.Findings: The results of the study show that (1) out of the five principles of GCG (transparency, accountability, responsibility, independency and fairness) only transparency has a positive effect on customer trust as indicated by a significance value of 0.047. (2) shariah compliance has a positive effect on customer trust, besides that shariah compliance is a very large indicator contributing to increase customer trust, indicated by a significance value of 0,000.Originality: As far as we are concerned, only a few publications examined the effect of Islamic corporate governance and shariah compliance on customer trust in Islamic bank.
Analysis of factors affecting sharia compliance levels in sharia banks in Indonesia Fajar Satriya Segarawasesa
Asian Journal of Islamic Management (AJIM) VOLUME 3 ISSUE 1, 2021
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol3.iss1.art6

Abstract

Purpose: This study aims to analyze the factors that influence the level of sharia compliance in sharia banks in Indonesia. In particular, this study examines the effect of liquidity, firm size, Sharia Supervisory Board Size, and Audit Committee on the level of sharia compliance in sharia banks in Indonesia.Methodology: This study uses quantitative methods with secondary data in the form of sharia bank annual reports 2014-2018. The data analysis uses regression test with the help of SPSS software.Findings: The results of the analysis show that the size of the sharia supervisory board and audit committee has a positive effect on the level of sharia compliance. The findings of this study contribute to the literature on sharia compliance and disclosure in Sharia banking in Indonesia.Practical implications: This research also has implications for sharia banking, especially in Indonesia, as an evaluation material in improving the quality of financial reports.Originality: This study uses the sharia compliance index as a measuring tool for the level of compliance of sharia banks which is rarely used by previous studies.
The effect of religiosity on organizational citizenship behavior and affective commitment: A case of Islamic higher education institution Wiwik Yulistia Ningsih
Asian Journal of Islamic Management (AJIM) VOLUME 1 ISSUE 2, 2019
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol1.iss2.art5

Abstract

Purpose: This study aims to analyze the effect of religiosity on organizational citizenship behavior and affective commitment at the Universitas Muhammadiyah Yogyakarta as an Islamic higher education institution.Design: Respondents of this study were 96 permanent faculty staffs. This study used questionnaire as data collection techniques. The data analysis method used is multiple linear regression with SPSS as an analysis tool.Findings: The results of this study indicate that religiosity has a significant positive effect on organizational citizenship behavior, religiosity has a significant positive effect on affective commitment and affective commitment has a significant positive effect on organizational citizenship behaviorOriginality/value: Studies related to organizational citizenship of Islamic institution are still limited.
Food and beverage industry competitiveness and halal logistics: Perspective from small and medium enterprises in Malaysia Maizaitulaidawati Md Husin; Suzilawati Kamarudin; Adriana Mohd Rizal
Asian Journal of Islamic Management (AJIM) VOLUME 3 ISSUE 1, 2021
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol3.iss1.art1

Abstract

Purpose: This paper investigates the competitiveness of the food and beverages (F&B) industry in Malaysia and examines the Small and Medium Enterprises' (SMEs) demand and key perceptions towards challenges in halal logistics. Methodology: This paper adopted SWOT analysis to understand the internal (strengths, weaknesses) and external (opportunities and threats) competitiveness of the industry. Interview sessions were conducted with 10 SMEs’ owners in the food industry from December 2020 until February 2021. Findings: The SWOT analysis identified several strengths (e.g. workforce diversity, well-established equipment, and facilities), weaknesses (e.g. a limited number of skilled workforce, lack of industrial collaboration, lack of distribution channel), opportunities (e.g. increasing food demand, advanced technology, supportive government initiatives, favorable business environment) and threats (e.g. high cost, new and changing regulation). The SMEs’ perception towards key challenges in halal logistics was also identified.Research limitations/implications: This paper provides an understanding of the competitiveness of the F&B industry, sheds light on the key challenges faced by SME owners in halal logistics, and offers strategies to solve the issues. This study, however, is limited to Malaysia’s experience. Practical implications: This paper will contribute to future studies in the similar field and offers a guide for Halal logistics players, including practitioners and policymakers, to understand their business environment better. The identification of SMEs’ SWOT will be helpful for the businesses to move forward.Originality: The value of this paper lies in the knowledge of SMEs, especially in the F&B industry. 
Does company size and profitability affect corporate social responsibility disclosure? Rukaanisy Syahierah; Ashilla Larasati
Asian Journal of Islamic Management (AJIM) VOLUME 1 ISSUE 1, 2019
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol1.iss1.art4

Abstract

Purpose: This research is aimed to analyze whether disclosure of corporate social responsibility (CSR) of sharia bank in Indonesia is influenced by some factors.Methodology: This research used the data from Islamic Social Reporting (ISR) index. ISR was evaluated based on content analysis; that is by analyzing annual report of 11 sharia banks.Findings: Multiple regressions showed that company size significantly affected the level of disclosure of CSR but it was the contrary for profitability.Originality/contributions: This is the first study to used 11 sharia banks in Indonesia during the period of 2010-2013.
The effect of social media marketing and religiosity on perceived value and student’s decision in choosing non-religious program at Islamic higher education Lutfi Auliarahman; Sumadi Sumadi
Asian Journal of Islamic Management (AJIM) VOLUME 2 ISSUE 2, 2020
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol2.iss2.art2

Abstract

Purpose: This study aims to examine the effect of social media marketing and religiosity on perceived value and student’s decision in choosing non-religious programs at Islamic Higher Education.Methodology: This study conducted an online survey on 158 respondents who are studying non-religious programs in three Islamic Higher Education institutions in Indonesia, namely Universitas Islam Indonesia, Universitas Muhammadiyah Yogyakarta, and Universitas Islam Negeri Sunan Kalijaga. The data was analysed using Partial Least Square Structural Equation Modeling (PLS-SEM).Findings: The results show that social media marketing and religiosity have a positive and significant impact on perceived value. Social media marketing has a positive but insignificant impact on student’s decision and religiosity has a negative but insignificant impact on student’s decision. Lastly, perceived value have a positive and significant impact on student’s decision.Originality: The need for higher education is increasing along with the demands of the working world which requires skills and professional abilities in accordance with the needs of the organization. This causes the interest of people to continue their studies to the higher education level is also increasing. Even so, the fierce competition between higher education institutions to get potential candidates in student enrollment forces them to struggle to survive, especially for Islamic Higher Education. Thus, it is important for hihger education institutions to implement effective marketing strategies.
The influence of financial ratios on non performing financing of the sharia rural banks of Special Region of Yogyakarta (BPRS DIY) period 2015 – 2018 Taufikur Rahman; Khusna Fatmawati
Asian Journal of Islamic Management (AJIM) VOLUME 2 ISSUE 1, 2020
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol2.iss1.art3

Abstract

Purpose: This study aims to analyze the effect of financial performance on Non-Performing Financing of Sharia Rural Banks (BPRS) in the Special Region of Yogyakarta (DIY). This study provides an empirical contribution as research that adds evidence in the financial sector, especially banking risks related to the determinants of Non-Performing Financing of Sharia rural banks in DIY in 2015-2018.Methodology: Research data were obtained from quarterly financial reports at the Financial Services Authority for the period 2015 to 2018 with a research sample of 9 BPRS.Findings: The results of the findings show that return on assets (ROA) and operating income operating expenses (BOPO) which have a significant effect on non-performing financing. Meanwhile, return on equity, financing to deposit ratio, and capital adequacy ratio does not have a significant effect on the non-performing financing of BPRS in DIY.Originality/Value: To the author's knowledge, as the variations of the results among researchers exist, the findings of this research provides deeper insight into the literature of Non Performing Financing Bank regarding its financial ratio.
The impact of macro economy toward profitability of Islamic bank Yunice Karina Tumewang; Rindang Nuri Isnaini; Jannatul Liutammima Musta’in
Asian Journal of Islamic Management (AJIM) VOLUME 1 ISSUE 2, 2019
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol1.iss2.art4

Abstract

Purpose: The aim of this study was to examine the impact of macro economy variables such as inflation, interest rate, and exchange rate toward the profitability of Islamic bank.Methodology: The research used quantitative approach through purposive sampling by using secondary data in the form of monthly time series from January 2015 to December 2012.Findings: The result shows that the inflation rate does not affect the bank income. The interest rate influences bank management in determining the level of margins and profit sharing so that partners continue to use Islamic bank products. In addition, the exchange rate does not have significant effect on the income of Islamic banks.Originality: As far as we are concerned, there are only few publications examining the effect of macro economy variable toward profitability of Islamic bank, particularly in the largest Muslim country during the period of December 2012-January 2015.
Halal cosmetics and behavior of Muslim women in Indonesia: the study of antecedents and consequences Frideswidi Aufi; Hendy Mustiko Aji
Asian Journal of Islamic Management (AJIM) VOLUME 3 ISSUE 1, 2021
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol3.iss1.art2

Abstract

Purpose: This study aims to analyze the antecedents and consequences of the attitudes of Muslim women towards purchase intention of halal cosmetics. Methodology: This sample was taken by using the purposive sampling technique. In total, 232 Muslim women respondents are aware of halal-labeled cosmetics. Data is processed using Partial Least Square-Structural Equation Modeling (PLS-SEM) method with SmartPLS.Findings: The results of this study indicate that religiosity has a positive and significant influence on attitudes towards halal cosmetics, knowledge has a positive and significant influence on attitudes towards halal cosmetics, subjective norms have a positive and significant influence on attitudes towards halal cosmetics, and attitudes towards halal cosmetics has a positive and significant influence on purchase intention of halal cosmetics.Originality: Due to the inconsistent findings from past studies, the results of this study are expected to contribute to the literature in evaluating the behavioral intentions of Muslim women in Indonesia towards halal cosmetics. Cosmetics brand manufacturers can also use the results of this study for the halal labeling process of their products.
Islamic banking development and economic growth: a case of Indonesia Meri Anggraini
Asian Journal of Islamic Management (AJIM) VOLUME 1 ISSUE 1, 2019
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ajim.vol1.iss1.art5

Abstract

Purpose: In this research, an attempt has been conducted to explore the relation between Islamic banking development and economic growth of Indonesia over the periods of 2003–2014Methodology: Two models have been formulated which are financing and deposit models to indicate the relation. The analysis are using unit root test, co-integration test, and Granger causality test within the context of VECM framework. For this purpose, financing and deposit are used as a measure of Islamic Banking development, while gross domestic product (GDP) and gross fixed capital formation (GFCF) used the indicators of economic growth.Findings: The results show that there is bi-directional causality between financing and GDP also deposit and GDP reflecting the bi-directional causality between Islamic banking development and economic growth. Further results show that there is significant short-run and long-run causality running from Islamic banking development to economic growth so as short-run and long-run causality running from economic growth to Islamic banking developmentOriginality/contributions: This is the first study to used Islamic banks in Indonesia that are listed in Bank of Indonesia in 2003-2014.