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Contact Name
Mohammad Rosyada
Contact Email
mohammad.rosyada@uingusdur.ac.id
Phone
+6228-5412575
Journal Mail Official
ijibec@uingusdur.ac.id
Editorial Address
Jl. Pahlawan Km.5 Rowolaku Kajen Kab. Pekalongan 51161
Location
Kota pekalongan,
Jawa tengah
INDONESIA
International Journal of Islamic Business and Economics
ISSN : 25993216     EISSN : 2615420X     DOI : https://doi.org/10.28918/ijibec.v6i2
Core Subject : Economy,
International Journal of Islamic Business and Economics (IJIBEC) is a peer-reviewed economic journal serving as a forum for Islamic Business Economics Scholars concerning to area of Islamic Accounting, Banking, Economics, Entrepreneurship, Finance, Human Resources Management, and Management. This open accessed Journal publishes original research and review papers twice a year (on June and December). This journal encompasses original research articles including: 1. Islamic Banking and Financial Institution 2. Islamic Behavioral Economics 3. Islamic Development Economics 4. Islamic Environmental Economics 5. Islamic International Economics 6. Islamic Accounting 7. Islamic Bussiness and Entrepreneurship 8. Islamic Human Resources Management 9. Islamic Monetary Economics 10. Islamic Public Finance 11. Islamic Political Economy 12. Islamic Bussiness Management 13. Islamic Urban and Rural Economics
Articles 6 Documents
Search results for , issue "Vol 5 No 1 (2021): Volume 5 Nomor 1 Tahun 2021" : 6 Documents clear
Evaluating Efficiency of Zakah Institutions: An Intermediation Approach Using Data Envelopment Analysis (DEA) Rismayanti; Sepky Mardian; Mustafa Kamal; Rianti Pratiwi
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 1 (2021): Volume 5 Nomor 1 Tahun 2021
Publisher : FEBI UIN K.H. Abdurrahman Wahid Pekalongan

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Abstract

This  paper  analyzes the  efficiency of Badan Aml Zakat Nasional (BAZNAS) and Dompet Dhuafa  from 2002 to 2018. Based on  selected input and output, the intermediary approach assumes that BAZNAS and Dompet Dhuafa  act  as  a link between muzakki (giver) and beneficiaries. Furthermore, BAZNAS and Dompet Dhuafa were selected  as  decision-making  units  (DMU)  from  2002  to  2018, and their efficiency  was  measured using  Data  Envelopment  Analysis  (DEA)  method  under  output-orientation with Constant Return to Sclae (CRS) and Variable Return to Scale (VRS) assumptions. The results showed both BAZNAS and Dompet Dhuafa raise the optimum efficiency in the years before 2007. Meanwhile, their inefficiency was mostly due to lack of input such as higher personalia (amil/volunteers) expenses. Therefore, these  findings  suggests  that  both  technical  and  scale efficiency should be improved  by adjusting the input. This is to achieve the most efficient and productive  level of performance in order to fulfill the institutions' objectives as an intermediary between muzakki and the beneficiaries. This paper is among the pioneers that analyzed the efficiency of zakat institutions from their initial establishment to present. Also, existing papers examined data spanning 5 years or less. Hence, long duration of data analysis provides a comprehensive evaluation of fluctuations in the zakat institutions'  efficiency and their supporting or inhibiting factors..
A Measurement Model of Successful Muslim Entrepreneur Efri Syamsul Bahri; Jauhar Ali; Mohd Mizan Mohammad Aslam
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 1 (2021): Volume 5 Nomor 1 Tahun 2021
Publisher : FEBI UIN K.H. Abdurrahman Wahid Pekalongan

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Abstract

Approximately 1.4 billion of the world's population lives on less than USD 1 per day, and since 50% of the poorest people are in Muslim countries, the solution is to increase successful Muslim entrepreneurs. Hence, this study aims to create a conceptual model through a literature review and descriptive-qualitative approach. These were employed to determine the indicators of successful Muslim entrepreneurs and the expected factors required to provide a positive and significant effect. Meanwhile, four factors and indicators, each considered to influence successful Muslim entrepreneurs, were identified. Subsequently, the results obtained were conceptual papers and hypotheses that required testing to ensure correctness. It was also used to produce new constructs validated for the individuals and communities of Muslim entrepreneurs. Therefore, this conceptual model is hoped to motivate new, future research and has also been enhanced as a pioneer that has attempted to construct a model for successful Muslim entrepreneurs. Finally, a conceptual model was created, which is the initial contribution to solving poverty among the Muslim population in the world..
The Intention of Millennial Generation in Paying Zakat through Digital Payments Muhammad Daniyal Al Athar
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 1 (2021): Volume 5 Nomor 1 Tahun 2021
Publisher : FEBI UIN K.H. Abdurrahman Wahid Pekalongan

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Abstract

The zakat management organization (OPZ) is currently making innovations in accordance with technological developments, namely by making it easier to pay zakat through digital payments. One of the groups of people who use digital payments is the millennial generation. Millennial generation is also known as the generation who likes things that are easy and related to technology. The purpose of this study is to analyze how the millennial generation intends to pay for ZIS through digital payments. The method used in this research is logistic regression. The results showed that the variable trust, perception variable and convenience variable had a significant influence on the intention of the millennial generation to pay ZIS through digital payments, while knowledge and motivation had an insignificant effect. This research has implications for OPZ to make android and ios-based applications to pay Zakat, infaq and shadaqoh..
Interest Free Banking in Ethiopia: Customer Awareness, Satisfaction and its Role on Economic Development Debebe Alemu Kebede
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 1 (2021): Volume 5 Nomor 1 Tahun 2021
Publisher : FEBI UIN K.H. Abdurrahman Wahid Pekalongan

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Abstract

This study is aimed at evaluating the customer’s awareness and satisfaction toward Interest-free Banking and its role on Ethiopia economic development with some selected Commercial Bank in Ethiopia. This method achieves the aim of the study the primary data was collected from Customers and Managers of the selected banks by using convenience method through questionnaire and interview. While, secondary data was collected by compiling and summarizing the bank’s Annual reports and Journals. The collected data was analyzed in descriptive and inferential analysis. The finding of the study depicts as low customer awareness regarding Interest-free Banking services except the Interest-free Banking account holders. Further, majority of Interest-free Banking account holders are more or less satisfied with the current Interest-free Banking services provided since, it can  potentially  serve as  an  alternative  banking  channel  in  filling  the  gap  left  unaddressed  by  conventional  banking  and economic  development in relation to idle  monetary  resource  mobilization  and  allocation,  inviting  to  use  banking system, creating employment opportunity, supporting GDP growth and assisting in stabilizing crisis and arresting inflation. Impact on the study result as Interest Free Banking have its own role on the country economic development through mobilizing the idle monitory resource, allocating the monitory resource, creating employment opportunity, and inviting to the banking system. it recommended as the banks should make aggressive promotion for customers out of Muslim customers, the government has to support and should give more emphasis to enable Interest Free Banking service, promote Interest Free Banking which can help assist the economy in stabilizing economic crisis and arresting inflation.
Incentive Zakat Agency Mechanism, a Comparison between Indonesia and Malaysia Dodik Siswantoro; Mohammad Soleh Nurzaman; Abdul Ghafar Ismail; Agus Munandar
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 1 (2021): Volume 5 Nomor 1 Tahun 2021
Publisher : FEBI UIN K.H. Abdurrahman Wahid Pekalongan

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Abstract

the objective of the research is to compare the incentive zakat agency mechanism between Indonesia and Malaysia. In Indonesia, private institutions are permitted to collect zakat and have the agency to support zakat collection, while in Malaysia only state institution collects zakat. To enhance zakat fund collectability, they need agencies located in specific institutions. However, both countries share a similar mechanism of incentive zakat agency allocation. The method of the research is based on a qualitative study. Some respondents are questioned and interviewed on a specific topic of incentive zakat agency mechanism. The result shows that the agency mechanism in private zakat institutions in Indonesia is more flexible than Malaysia. The agency is authorized to get zakat allocation to be disbursed to surrounding zakat recipients and develop the allocation report. On the other hand, a zakat rebate can be a supporting factor for Muslims to pay zakat more in Malaysia than in Indonesia.
Do Funeral Funds Managed by Informal Institutions Comply with Microtakaful Principles? Achmad Firdaus
International Journal of Islamic Business and Economics (IJIBEC) Vol 5 No 1 (2021): Volume 5 Nomor 1 Tahun 2021
Publisher : FEBI UIN K.H. Abdurrahman Wahid Pekalongan

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Abstract

Originality of the research – Research on funeral funds on a homeowner association has never been performed before. Meanwhile, previous studies on the funeral fund in insurance companies, 'rukun kematian,' and mosques are used as a reference. Research objectives - The research aims to analyze whether the funeral funds managed by informal institutions correspond with the micro takaful principle. Methods – A descriptive analysis is used by comparing the survey in two groups, namely residential and village areas, of 31 communities spread across Java Island. The research variables developed include calculation, collection method, and amount of funeral fund contribution, alongside the calculation and amount of benefits. Result – Although the funeral funds' variables have not fulfilled the micro takaful principle, there are interesting findings. These include that the calculation of contribution for the two groups, namely the residential and village areas, is performed by mutual agreement through community deliberations. In the village, the collection method is by direct payment from members of the public to the officers, which is different from the residential areas, where it is picked up by the officers. Furthermore, the amount of funding contributions to the community in the villages is around Rp. 3.001 and Rp. 5,000, while the total is over Rp. 10,000 in residential areas. Practical implications - The informal funeral funding scheme (IFFS) has become a mutually beneficial culture of Indonesian society, which fosters strong humanity and brotherhood. This scheme can be formulated in micro-takaful cooperatives to ensure that the benefits trickle down for every member of the community, including Muslims and non-Muslims.

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