cover
Contact Name
Ahmad Tibrizi Soni Wicaksono
Contact Email
tibrizisony@uin-malang.ac.id
Phone
+6281287874466
Journal Mail Official
m-iecjournal@uin-malang.ac.id
Editorial Address
Megawati Soekarnoputri Building Faculty of Economics Jln. Gajayana 50 Telp (0341) 558881 E-mail: m-iecjournal@uin-malang.ac.id Universitas Islam Negeri Maulana Malik Ibrahim Malang
Location
Kota malang,
Jawa timur
INDONESIA
Maliki Islamic Economics Journal
ISSN : 27980383     EISSN : 27978125     DOI : 10.18860
Maliki Islamic Economics Journal (M-IEC Journal) is presented to promote Islamic economics and finance knowledge to the world. Its establishment is aimed at being a scholarly journal with an international reputation. It is intended as a credible place for academicians and researchers across the globe to disseminate their works, studies, papers, and other research formats. M-IEC Journal is in open-access format, allowing readers to access and download the articles freely. It is published by the Faculty of Economics, UIN Maulana Malik Ibrahim Malang, Indonesia
Articles 25 Documents
Waste Management Based on Maqashid Shari'ah And Circular Economy: Evidence in Blitar Regency Aryanti Nur Azizah; Ahmad Djalaluddin; Siswanto Siswanto
Maliki Islamic Economics Journal Vol 1, No 2 (2021): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (361.625 KB) | DOI: 10.18860/miec.v1i2.15818

Abstract

The study of waste management based on maqashid shari'ah and circular economy requires a study to realize wise and Islamic waste management. This research comes with the aim to find out and analyze waste management based on maqashid shari'ah and circular economy in TPST 3R Blitar Regency, namely TPST 3R "Abdi Karya mandiri" and TPST 3R "Punokawan".  This research uses a qualitative approach with this type of case study research because this study examines an event that occurs today, which is related to waste management based on maqashid shari'ah and circular economy. Data excavation methods use observation, interview and documentation methods. In this study it was found that maqashid shari'ah-based waste management in TPST 3R Blitar Regency indirectly meets the five main elements of shari'ah maqashid, namely hifzh al-din, hifzh al-nafs, hifz al 'aql, hifzh hifzh al-nasl, and hifzh al-mal. Then in circular economy-based waste management at TPST 3R Blitar Regency produces sustainable and renewable products that are indirectly in accordance with the circular economy concept. This is because the waste management and processing system in the two TPST 3R has a rotating and interconnected production flow from upstream to downstream.
Sustainability of Islamic Economics in The Political Domain in Mojokerto Aji Prasetyo; Muhammad Yazid; Yulia Kurnia Firdausia
Maliki Islamic Economics Journal Vol 1, No 1 (2021): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (165.148 KB) | DOI: 10.18860/miec.v1i1.12541

Abstract

Economy and politics influence each other. A changing political map will affect policy to economic conditions and vice versa. Likewise with Islamic economics, its development was influenced by political power during the emergence of Islamic economics until today. Islamic political economy has a positive value for Indonesia in an effort to accelerate the empowerment of small and medium enterprises as an element of economic growth. One of the areas for Islamic economic instruments to become part of national policy is regulation. Through research with qualitative methods and a literature study approach, the researcher wants to analyze the regulations on the Islamic economy in Mojokerto district which has many micro, small and medium enterprises. Researchers conducted this research with the aim of analyzing the sustainability of Islamic economic values to all components of government apparatus and business actors in Mojokerto Regency and at the same time offering regulations to the Mojokerto Regency government which focuses on efforts to increase the size of the Islamic economic industry in institutional expansion. This study provides the results, first, Islamic economic values have not been sustainable in the political economy of Mojokerto Regency. Second, the sustainability of the Islamic economy in Mojokerto Regency can be realized in the political economy of government through policies or regulations that improve the Islamic financial industry by synergizing it with the community to empower MSMEs.
Investigation of Umrah Travel Promotion: Does It Use the MLM System? Case Study from PT. Arminareka Perdana Fauziah Marzuki
Maliki Islamic Economics Journal Vol 2, No 1 (2022): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (240.895 KB) | DOI: 10.18860/miec.v2i1.16739

Abstract

This study aims to explain the marketing system carried out by Travel Umrah based on PMA regulation No. 8/2018. This research uses a qualitative approach through observation, literature review, and in-depth interviews with each resource person at PT. Arminareka Perdana. The analysis is descriptive by interpreting the conditions and relationships in an observation. The findings show that most umrah pilgrims misunderstand the regulatory provisions. In addition, the marketing system no longer uses a network that resembles an MLM pattern but uses a conventional system. The marketing system used by Umrah Travel is still conventional. Preferably marketing should be done using a spiritual marketing system because Umrah is a Ubbudiyyah trip.
A Survey of Islamic Banking Products Knowledge in Villages: Evidence from Talang Bakung Village Erwin Saputra Siregar; Welly Puspita Sari; Arsa Arsa
Maliki Islamic Economics Journal Vol 1, No 2 (2021): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (258.482 KB) | DOI: 10.18860/miec.v1i2.13511

Abstract

This research aims to determine the Level of Public Knowledge of Islamic Banking Products. The problems discussed are public knowledge of Islamic banking products and what factors determine the level of public knowledge of Islamic banking products in Talang Bakung Village. The sample is 99 respondents. The sampling method is Purposive Sampling, the sampling technique based on the criteria, namely age and religion. Data were collected by interviewing and filling out questionnaires addressed to the people of Talang Bakung sub-district in Jambi city. The research results show that the people's knowledge of Talang Bakung Village regarding Islamic banking products is deficient. Some people already know about Islamic banks but do not know about the products. The factors that determine the level of knowledge of the Talang Bakung sub-district are education, employment, age, experience, and environmental factors.
The Role of Early Warning System Components in Financial Distress: Evidence from Indonesian Islamic Banks Rizqiyah Salsabila; Ahmad Tibrizi Soni Wicaksono; Nariman Shamakov
Maliki Islamic Economics Journal Vol 2, No 2 (2022): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (359.638 KB) | DOI: 10.18860/miec.v2i2.18977

Abstract

This study aims to utilize the Early Warning System (EWS) component to predict the condition of Islamic banks before bankruptcy. This study uses the springate score model to measure the Financial Distress (FD) condition of Islamic banks. Samples were taken from 13 Islamic Commercial Banks for the period 2016 - 2020. The EWS components are Capital Adequacy Ratio (CAR), Non-Performing Financing (NPF), Financing Deposit to Ratio (FDR) and Allowance for Impairment Losses (CKPN). Based on the springate score calculation, the highest FD conditions occurred in 2019 and 2020 due to the COVID-19 pandemic. The logistic regression test results show that only the NPF ratio has a positive effect on FD. While the CAR, FDR and CKPN variables have no effect on FD. This proves that the CAR, FDR and CKPN ratios owned by Islamic banks are said to be good so as to keep away from FD conditions.
The Comparative Analysis of Islamic and Conventional Monetary Financial System Zuraidah Zuraidah
Maliki Islamic Economics Journal Vol 2, No 1 (2022): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (226.804 KB) | DOI: 10.18860/miec.v2i1.16600

Abstract

This article aims to analyze the uniqueness of Islamic financial instruments compared to conventional financial instruments and to find out what distinguishes the Islamic monetary framework from the standard monetary framework. The advantages and disadvantages of Islamic and traditional monetary frameworks are also discussed in this paper. This paper uses a writing concentrate approach by collecting information from the analytical writing in question. The side effects of the review suggest that the Islamic Monetary Framework is developing rapidly, playing its part in allocating assets and working on the turn of financial events, and implementing Islamic banking. The results also show that the advantages of Islamic finance can survive despite different monetary emergencies. The progress of Indonesian Islamic Banking evidences it compared to traditional banks.
Strengthening Village Economy through Village-Owned Business Agencies in Sharia Maqasid Muhammad Alwi Sihab Bashari
Maliki Islamic Economics Journal Vol 1, No 1 (2021): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (189.243 KB) | DOI: 10.18860/miec.v1i1.12542

Abstract

BUMDES in recent years has indeed become the subject of conversation, not only by ordinary people but also among researchers and students. This is understandable, because the existence of BUMDES has a strategic role in the midst of society, especially in rural areas. If examined carefully the nature of BUMDES is not merely as a commercial economic institution, but also as a means to improve community welfare, in this study aims to describe the BUMDES Gesang business units. Analyzing the role of BUMDES in strengthening the village economy in the village of Gesang, Tempeh sub-district, Lumajang Regency, which was then reviewed from the perspective of the Islamic maqasid. The research method used in this study is a qualitative research type of research is field research which in data collection using interviews, observation and documentation. While for data analysis techniques, namely by reducing the data presentation of data and drawing conclusions while for checking the validity of the data is to use triangulation. The results of this study can be seen that: Gesang BUMDES business units there are three agricultural units, service units and HIPPA units.
Optimization of Waqf Management in Increasing Public Trust in Nazhir Rizki Nurhidayat; Laila Masruro Pimada; Habiburrahman Habiburrahman; Cindy Putri Hariyatin
Maliki Islamic Economics Journal Vol 2, No 2 (2022): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (230.913 KB) | DOI: 10.18860/miec.v2i2.16461

Abstract

Indonesia has the potential for waqf to be able to grow and develop better. However, this potential is not accompanied by good management. This study aims to increase public trust in nazhir by optimizing waqf management. The method used is a literature study method. In identifying research problems using SWOT analysis. This analysis will show the related strengths, weaknesses, opportunities, and threats in waqf management in Indonesia. In terms of strength, the majority of the Indonesian population is Muslim, there are laws and WCP, as well as various waqf instruments. While the aspects of weakness include the lack of transparency of nazhir, the management of waqf is not yet professional, and the promotion and development of waqf is not optimal. There are also opportunities in waqf management which includes a large potential for cash waqf. In terms of threats, it consists of a lack of public understanding, the emergence of moral hazard nazhir waqf, and the presence of other social investments. So the results of this study will provide several strategies in overcoming the problems of waqf management. Such as by improving the management of waqf management, increasing nazhir certification, and increasing the promotion and marketing of waqf.
The Holy Months Impact of Islam Toward Stock Price in Jakarta Islamic Index (JII) Yusri Rahma Yanti; Guntur Kusuma Wardana; Rini Safitri
Maliki Islamic Economics Journal Vol 1, No 2 (2021): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (267.222 KB) | DOI: 10.18860/miec.v1i2.13496

Abstract

The purpose of this research is to determine the effect of anomaly calendar towards stock price in haram months (Muharam, Rajab, Zulkaidah, and Zulhijjah) in Jakarta Islamic Index (JII). Population for this research include all stockmarkets under the category of Jakarta Islamic Index (JII) during the period of 1436H–1440H. Samples were chosen using purposive sampling, which include 44 companies. Results showed that there are no difference in JII stock price during holy months of Rajab, Zulkaidah, and Zulhijjah compared to any other period of the same year. This finding means that muslim society in Indonesia did not create an out of ordinary transaction in the market and there will be no significant change during the period of holy months. However, in Muharram, results showed different outcome compared to the other holy months.
Financial Risk and Capital Structure: Does it Contribute to Increasing the Company Value of Islamic Banking? Satrio Fajar Putra; Ulfi Kartika Oktaviana
Maliki Islamic Economics Journal Vol 2, No 1 (2022): Maliki Islamic Economics Journal
Publisher : Faculty of Economics UIN Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (208.898 KB) | DOI: 10.18860/miec.v2i1.16586

Abstract

This study aimed to determine the effect of financial risk and capital structure on the company value of Islamic commercial banks in 2016-2020. This research uses a quantitative method with a descriptive statistical approach. This research used panel data with analysis tools in panel data regression by Eviews. The sample in this study amounted to 11 Islamic commercial banks with a purposive sampling technique. Purposive sampling aims to obtain samples with specific criteria and follow the research objectives. The results of this study indicate that partially financial risk (NPF) and capital structure (DER) have no effect on company value, and financial risk (FDR) harms company value. Meanwhile, financial risk and capital structure simultaneously affect company value.

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