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Journal of Islamic Business and Economic Review (JIBER)
ISSN : 26230410     EISSN : 26230402     DOI : -
Core Subject : Economy,
Journal of Islamic Business and Economic Review (JIBER) is a peer reviewed, open access with 2 issues per year. We also assist International and National Conference to publish their conference papers. Journal of Islamic Business and Economic Review (JIBER) covers all disciplines Islamic Economics, Banking and Finance always strives to be a platform for Academicians, new Researchers, Authors, Engineers and Technocrats and Engineering Scholars. Since inception, Journal of Islamic Business and Economic Review (JIBER) is continuously publishing original and best quality research articles.
Articles 34 Documents
Analysis of Factors Affecting Public Interest to Register for a Motor Vehicle Insurance Program Julian Azhar; Muhammad Akbar F; Septian Nugraha
Journal of Islamic Business and Economic Review Vol 4, No 2 (2021): July, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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Abstract

This research aims to determine the factors that influence public interest in registering for a motor vehicle insurance program. This research was conducted using a descriptive design or method with a qualitative model. The subjects in this research were motor vehicle insurance products provided by several insurance companies in Indonesia such as Allianz Utama Indonesia, Adira Autocillin, and Sinar Mas. The object of this research is the factors that influence people's interest to become customers in the motor vehicle insurance program. The data were collected using the literature study method and analyzed by comparing the facts or social phenomena that occurred with the theory that have been put forward by experts and of similar previous articles. The results showed that the factors influencing public interest in registering for the motor vehicle insurance program consisted of internal factors (income factors, education factors, job factors, and gender factors) and external factors (reputation of product factors, promotion factors, premium price factors, and reference/ recommendation factors).
THE ROLE OF ISLAMIC BOARDING SCHOOL COOPERATIVES IN BUILDING STUDENTS’ ENTREPRENEURSHIP MENTALITY Mahdum Kholit Al-Asror; sumar yati atik; Vista Firda Sari
Journal of Islamic Business and Economic Review Vol 4, No 1 (2021): January, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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AbstractThe development of the business world in Islamic boarding schools can be seen by the development of their businesses, both on a small and large scale. Darul Qur'an Islamic Boarding School can only develop a cooperative business on a small scale. Businesses Cooperative sectors are aimed at meeting the daily needs of students (Santri). In addition to the insight and doctrine of entrepreneurship that can influence the entrepreneurial interest of the students, the independent life of the santri can also be a determining factor to become an entrepreneur, where he must have a strong determination and determination to be independent, even though people are determined to hinder, worry, or ignore it. This study aims to determine the role of Islamic boarding school cooperatives in building the entrepreneurial mentality of students. This research is a quantitative descriptive study, where the respondents are ten coefficients of determination R2. In this study, the independent variable is the role of cooperatives and the dependent variable is the entrepreneurial mentality of students. The results of the analysis of the independent variable (the role of cooperatives) obtained tcount (5.337) >ttable (2.306). So, the X variable has a partial effect on the Y variable. The F test results show that Fcount (28.482) >Ftable (4.46), while the significance is 0.000 < alpha at the 0.05 significance level, then Ho is rejected and Ha is accepted, which means the independent variable (role cooperatives) together or simultaneously affect the dependent variable (entrepreneurial mentality) positively and significantly. The result of the coefficient of determination test (R2) shows an Rsquare number of 0.781 or 78.1%, namely the entrepreneurial mental variable can be explained by the cooperative role variable and the remaining 21.9% can be explained by other variables. 
The Growth of Islamic Insurance in Indonesia Helmi Naufal Satrianto; Muhamad Adifio Bahi; Muhammad Dike Al Ariq; Raffi Farisy
Journal of Islamic Business and Economic Review Vol 4, No 2 (2021): July, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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Abstract

Along with the increasing Islamic financial market, Islamic insurance has also grown significantly over the years. Hence, this paper wants to examine the reasons, prospects, challenges, and possible strategies of Islamic insurance's development in Indonesia. This study used a qualitative research method proved by data and analysis of previous research. The results show that Indonesia's Muslim population, Islamic banking development, and some regulations backing it up are significant in this increase. This increase is also predicted to persist over the next few years. However, it faced a few challenges, like market competition with conventional insurance that is more popular. Still, this thing is easily overcome by more socialization and promoting Islamic insurance to the public.
Sharia Life Insurance in Indonesia Syahlan Sobirin; Milla Maulidina Putri; Dewi Indriyani; Dea Viviyanti
Journal of Islamic Business and Economic Review Vol 4, No 1 (2021): January, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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Abstract

Sharia Life insurance is an institution that has an important role in Indonesia, because its activities play a role in protecting the risk of unexpected financial life caused aby someone's death. Sharia Life insurance is to minimize the occurrence of an accident that is not desired by someone, because a disaster will come without the person's knowledge. With an insurance company, a person can be borne by the insurance company. Insurance companies as service companies, on the one hand sell services to customers or customers, while on the other hand insurance companies as investors from public savings to productive investments., implementation of the settlement of sharia life insurance claims to its customers and obstacles in the implementation of the settlement of sharia life insurance claims to its customers at sharia life insurance company. The results of this study explain that in the implementation of the insurance agreement the customer is entitled to determine, for the implementation of claim settlement is very easy because the insurance company will help manage the claim in question and immediately get the compensation money, and for the settlement of obstacles will provide solutions to find a bright spot.
Impacts of Hijab Materials Trades to Economic Improvement of Muslim Youth in Keffi LGA Nasarawa State-Nigeria Aliyu Ibrahim Musaddad; Dr. Auwal Ahmad Ismail; Dr. Kambari Aminu Muallimu
Journal of Islamic Business and Economic Review Vol 4, No 1 (2021): January, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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Abstract

ABSTRACTIt is clear that for the former epoch, Nigeria government has been careworn for active economic development tactic, which many administrative cum with it new measurement on economic downstream. This significant occurrence concretes the researcher sight to explore the role of hijab materials business in economic development in Nigeria, with particular reference to Muslim Youth in Keffi Local Government. Hence, the role of youth on economic development cannot be over emphasised, similarly the wheel of development of any country lies on the shoulder of how productive and creative the youth populations are. Though, this study set specific objectives to achieve and explored, various Perceptions, conception and view on roles of hijab in economic activities. Also, the study dependent on qualitative research which is based on both Primary and secondary data, such as document, seminars and other relevant sources related to the study. Finally, the study recommends amongst other that, government should improve its loan scheme to micro business owner in order to economically oversees the wellbeing of their business. Also create channel of awareness among its youth, to observe their views and contribution towards economic development of the country as forthcoming leaders and parents and Religious leaders must not concede to educate their children on the importance of wearing hijab according to the teaching of prophet Muhammad (SAW).
Development of Sharia Finance Digitalization Towards Inclusive Finance Within a Sharia Maqashid Framework (Case Study on PT Bank Syariah Indonesia’s BSI Mobile Banking Product) Angel Dwi Satria; Anita Anita; Krismadayanti Krismadayanti; Heni Noviarita
Journal of Islamic Business and Economic Review Vol 4, No 2 (2021): July, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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The level of Islamic financial literacy and inclusion in Indonesia is still relatively low, data from the Financial Services Authority (OJK) in 2020 shows that the level of Islamic financial literacy is around 8.93% compared to the national index of 76.19% and the level of Islamic financial inclusion is around 9.9%. has not reached 10%. This low public access can be overcome by combining financial services and products with the latest technology. This is an opportunity for the Islamic finance industry to innovate digitally. The author examines digital product innovation to increase literacy and inclusion of Islamic finance, namely the "BSI Mobile Banking" application with 15 features of Islamic financial services owned by PT Bank Syariah Indonesia Tbk. This study uses a qualitative analysis method that explains the suitability of 15 application features with the maqashid sharia concept (Dharuriyyah, Hajiyat and Tahsiniyat) and analyzes the implications of digital applications on Islamic financial literacy and inclusion. The results show that the digital innovation "BSI Mobile Banking" is in accordance with the maqashid sharia concept and can help increase the level of sharia financial literacy and inclusion and support halal needs according to sharia maqashid. 
The Impact of Risk Management to Sharia Insurance Business in Indonesia Market Reza Ronaldo; Yulmaulini Yulmaulini
Journal of Islamic Business and Economic Review Vol 4, No 1 (2021): January, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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The purpose of this article is to determine risk management which is more important for an sharia insurance company in Indonesia and how important Risk Management for the insurance industry. Risk Management is very important to all business activities. Implementing Risk Management means the company has analysed the risks and impacts of risks for business continuity in the future as well as how to reach the expected opportunities by taking into account all possible risks that arise and how to anticipate all the possibilities that will occur. By running Risk Management will make it easier for companies to make long-term plans so that the company can run and develop well. In this article also contains why risk management really needs to be implemented and how the process of carrying out good risk management and how to develop risk management is a necessity in insurance organization.
Effect Of Interest Rate, Inflation, Profit-Sharing, And Branch Network On Mudharabah Deposits Of Islamic Commercial Banks In Indonesia Yusuf Zaini Aprizal
Journal of Islamic Business and Economic Review Vol 4, No 1 (2021): January, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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The study aimed to analyze and find out the effect of variables of interest rate, inflation, profit-sharing and branch network on mudharabah deposit of Islamic Commercial Banks in Indonesia, both simultaneously and partially. Population in this study was Islamic Commercial Bank registered with the Financial Services Authority with a research period of 2014-2018. The data analysis method used was panel data regression analysis using Eviews data processing applications. Testing was conducted using the level of sig. α = 0.05. The results of this study indicated that the simultaneous variable interest rates, inflation, profit-sharing, and branch networks significantly influenced mudharabah deposits. This was indicated by the significance value obtained at 0.0000. Partially only profit-sharing and branch network variables affected mudharabah deposits with significance values obtained 0.0087 and 0.0000. While the variable interest rates and inflation had no effect toward mudharabah deposits, this was indicated by the significance value of 0.5011 and 0.2061. The conclusion of this study is that in a good economic condition, the general public in investing mudharabah deposits would look more at the internal factors of Islamic banking. Therefore, supervision, strengthening and improving services are very important to make Islamic banks can raise more public funds.
Analysis of Sharia Literacy Level and Sharia Financial Inclusion PNM Mekaar Sharia in Increasing Income Public (Study on the Fishing Community of Kuala Jaya Hamlet, South Lampung Regency) Ana Musta’anah; Kulup Bina Buono; Ria Atika; Heni Noviarita
Journal of Islamic Business and Economic Review Vol 4, No 2 (2021): July, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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The community requires financial literacy to manage finances in order to accomplish optimal goals and to make decisions about how to use financial institutions. A descriptive qualitative approach is used in this study, using a sample of 7 informants interviewed. Data is gathered through interviews, observations, and documentation. The credibility technique is used in the data validity technique.Internal validity (internal validity), exterior validity (external validity), dependability (reliability), and trustworthiness (objectivity). According to the findings of this study, the degree of Islamic education in the United States is at an all-time high. The fishing community in Dusun Kuala Jaya still has a poor level of financial literacy. In the meantime, the level of Islamic financial inclusion in the fishing community in the United States has increased. Dusun Kuala Jaya is a fantastic restaurant. Account ownership and saving are indicators of this. and traditional financial entities' financing
Strategy for the Development of Sharia Financial Institutions in the Authority Perspective of Indonesia Financial Services Chandra Satria; Mohamad Faizal; Choirunnisak Choirunnisak
Journal of Islamic Business and Economic Review Vol 4, No 2 (2021): July, 2021
Publisher : Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung

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This research provides an overview by the Republic of Indonesia Financial Services Authority and other research on the development and management strategies of Indonesian Islamic financial institutions, which are the largest Muslim population in the world and have the largest economy in Southeast Asia. The growth of Indonesian sharia financial institutions is quite significant plus high economic growth at the same time. This attracts researchers to explore further whether the Islamic banking sector is currently experiencing growth and growth consistently to contribute empirically to Indonesia's economic growth in the future. Indonesia's Financial Services Authority (OJK) provides an overview and prospects for the growth of several sectors such as national sharia financial industry assets increased by 27% (excluding Sharia shares) higher than conventional financial industry in 2017. The development of Islamic financial products is quite good and varied. It is including an increase in its own Islamic financial infrastructure activities. Recorded data that the overall market share of Islamic finance is still below 5% such as sukuk and corporate bonds circulating 3.99% of the value of the bonds and bonds represent the amount, the net asset value of Syariah mutual funds is 4.4% of the total net asset value of the mutual fund and Sharia insurance amounted to 3.44%. Although there are some Sharia products above 5% such as Islamic banking assets, 5.33% of all banking assets, state sukuk which accounted for 14.82 percent of the total outstanding state securities, Islamic finance institutions amounted to 7.24% of total financing, special Islamic financial services institutions amounting to 9.93% and Sharia microfinance institutions amounting to 22.26% at the end of 2016. Seeing these figures above the Financial Services Authority of the Republic of Indonesia as the regulator in driving financial institutions within the country provides hope and strategic programs that can be optimized to accelerate the growth of Islamic finance in Indonesia, namely by the existence of 1. Enhancing Islamic financial products. 2. Enhancing Sharia services with the use of the latest information technology; 3. Optimizing coordination with stakeholders regarding the development of the Islamic financial industry.

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