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Dr. Shobichatul Aminah, M.Si
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jsgs@ui.ac.id
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Journal of Strategic and Global Studies
Published by Universitas Indonesia
ISSN : 26207249     EISSN : 2745472X     DOI : https://doi.org/10.7454/jsgs.v2i2
Core Subject : Economy, Education, Social,
Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Social Sciences
Journal of Strategic and Global Studies is a journal of applied research in development strategic and global studies. The journal welcomes original papers dealing with important strategic and global studies issues of immediate concern to the developing world. The journal appears in English, in January and July. The Journal of Strategic and Global Studies is printed and published by the School of Strategic and Global Studies, Universitas Indonesia.
Arjuna Subject : Ilmu Sosial - Ilmu Sosial (Lain-Lain)
Articles 54 Documents
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The Influence of Ismail Al-Faruqi to Islam in America
Journal of Strategic and Global Studies
Publisher : UI Scholars Hub

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Abstract

The spreading of Islam is one of the dynamic aspects of America. Islam has been brought to America by various people from different ethnicities, nationalities, and community backgrounds. This makes Islam in America appears in so many faces. One of the big moments of the history of Islam in America is the immigrant wave from Middle East which created new domination amongst American Muslims. This paper discusses one of the prominent figures from that era whose influences are big enough at that time and can still be seen today in America: Ismail Raji al-Faruqi. The researcher used a library study in writing this paper by using writings of al-Faruqi as primary data sources and other researchers’ writings as secondary data sources. This research concluded that there was some sort of dynamics of influence between al-Faruqi and America. It means that on one hand, al-Faruqi influenced Islam in America, but on the other hand, American social-cultural conditions also influenced al-Faruqi at some level.
The Role of the Governments of Indonesia and Saudi Arabia in Organizing the Hajj Pilgrimage 2015 – 2021
Journal of Strategic and Global Studies
Publisher : UI Scholars Hub

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Abstract

The Hajj pilgrimage is one of the largest annual mass gatherings in the world, and has been held for a long time. This study presents an overview of a systematic research of published literature on the Role of the Governments of Indonesia and Saudi Arabia in organizing of the Hajj pilgrimage from 2015 until 2021 Period, with the aim of providing policy recommendations for the future. From this research, it can be concluded that the implementation of Hajj pilgirmage in Indonesia is strongly influenced by the bilateral relations between the two countries. This can be seen from a historical perspective, since Indonesia's independence there were quite a lot of pilgrims from Indonesia. The relationship between Indonesia and Saudi Arabia has been established from colonial era until now. In the future, bilateral relations between Indonesia and Saudi Arabia in the context of organizing the Hajj will continue to be intensified. Considering that for the past 2 years, Indonesia has not sent hajj pilgrims due to the pandemic, as well as Saudi Arabia which has not opened its doors for hajj pilgrims outside of Arabia for 2 years, Indonesia and Saudi Arabia good governance diplomacy is the solution for better implementation of the Hajj Pilgrimage in the future.
Waqf Fund Management through Micro Waqf Bank Program in Indonesia
Journal of Strategic and Global Studies
Publisher : UI Scholars Hub

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Abstract

Waqf is a muamalah activity that has a very important economic and social role in Islamic history. Waqf is one of solutions to the problem of poverty and social inequality in society. The establishment of the Micro Waqf Bank initiated by the government together with the Financial Services Authority (OJK) has played an important role as one of the new Islamic microfinance institutions in financial inclusion in Indonesia. This paper will discuss how the management of waqf funds through the Islamic Waqf Bank program based on pesantren in efforts to alleviate poverty and social inequality which has become a chronic problem in Indonesia. The discussion in this paper uses the literature study method in which the writer's team looks for various sources of literature such as books, internet, journals and others. This paper confirms that the Micro Waqf Bank has an important role in the efforts to empower the economic community, especially for people who are around the boarding school but it is still necessary to make regular improvements both from the operational side of the Micro Waqf Bank and the alignment of the naming of the institution in order to avoid any misunderstanding among the community especially Muslims.
Vector Autoregression Analysis of The Relationship Between Inflation Rate, Interest Rate, and Exchange Rate To The Jakarta Islamic Index
Journal of Strategic and Global Studies
Publisher : UI Scholars Hub

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Abstract

ABSTRACT The Indonesian Sharia Capital Market is an interesting thing to study because based on the 2019 Global Islamic Finance Report (GIFR) report, Indonesia is ranked first in the Global Sharia Financial Market. The Jakarta Islamic Index (JII) is the sharia stock index that was first launched on the Indonesian capital market on July 3, 2000 and only consisted of the 30 most liquid Islamic shares listed on the Indonesia Stock Exchange. This study will try to uncover how the relationship between macroeconomic variables in Indonesia by using Vector Autoregression (VAR) analysis and using monthly secondary data from 2012-2019. VAR analysis which has advantages including multivariate, free from spurious endogeneity and exogeneity variables and can detect relationships between variables in the equation system. The results of this study indicate that the JII of the previous period and the BI Rate have a positive influence on JII, while inflation and the Rupiah-US Dollar Exchange rate have a negative relationship with JII. The implication of the results of this study is to strengthen the rupiah price which greatly affects JII. Keywords: Shariah stock, JII, Macroeconomics, VAR.

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