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Contact Name
Muhammad Alhada Fuadilah Habib
Contact Email
m.alhada@uinsatu.ac.id
Phone
+6281215079617
Journal Mail Official
annisbah@uinsatu.ac.id
Editorial Address
Gedung KH. Saifudin Zuhri Jl.Mayor Sujadi Timur No 46 Tulungagung Jawa Timur 66221 Indonesia
Location
Kab. tulungagung,
Jawa timur
INDONESIA
An-Nisbah: Jurnal Ekonomi Syariah
ISSN : 24068276     EISSN : 25495712     DOI : https://doi.org/10.21274/an.v10i2
Core Subject : Religion, Economy,
An-Nisbah: Jurnal Ekonomi Syariah is a scientific journal contains original works from lecturers, researchers, students and other concerned parties who have not been published or are not on the publication in the form of articles on the research and conceptual ideas on the subject of sharia economy. This journal publishes twice in a year.
Articles 190 Documents
DETERMINANT OF ISLAMIC FINANCIAL INCLUSION IN DIGITAL ERA: CROSS-PROVINCE ANALYSIS Abdullah, Zaki; Saleh, Samsubar; ., Mujiyati
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 1 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i1.3912

Abstract

In recent years, the Islamic financial sector has become one of the most vital sectors in the Islamic economic system in Indonesia. Therefore, more attention needs to be paid to the measurement of Islamic financial inclusion and its and policy making, especially in facing the digitalization of economy, because the digitalization can be a momentum that provides opportunities as well as threats to Islamic finance. This study attempts to measure Islamic financial inclusion at the provincial level in Indonesia through the dimensions of accessibility, availability and utilization and analyzes the impact of digitalization on Islamic financial inclusion. Measurements are made using the Sarma Index, while the analysis of the impact of digitalization on Islamic financial inclusion employs the fixed effect model on the balanced panel data. The measurement results show that developed provinces tend to have higher levels of Islamic financial inclusion compared to developing provinces. Furthermore, provinces with a Muslim majority have a higher level of Islamic financial inclusion compared to provinces with a Muslim minority populations. In the panel data analysis, it was found that internet penetration has a negative and significant effect on Islamic financial inclusion, which shows that the majority of people in Indonesia still use the internet to access entertainment content and that internet use has not been optimized to access financial services. Nevertheless, the presence of the Islamic fintech platforms has a significant positive effect on Islamic financial inclusion in Indonesia. The variable level of cell phone usage has no significant effect on the level of Islamic financial inclusion and the average length of schooling has a significant negative effect on Islamic financial inclusion.
PERCEIVED RISK DALAM TRANSAKSI E-COMMERCE PERSPEKTIF ETIKA BISNIS ISLAM DAN SOCIAL CULTURE Alawiyah, Ika Trisnawati
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 1 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i1.4070

Abstract

Perkembangan pengetahuan dan teknologi sangat berpengaruh dalam berbagai sektor kehidupan masyarakat, perkembangan teknologi yang terjadi juga merambah pada sektor ekonomi. Dengan teknologi yang ada dapat memudahkan dalam bisnis yang dilakukan oleh para pengusaha dan para konsumen. Perkembangan e-commerce yang semakin meningkat di Indonesia berdampak pada gaya hidup masyarakat khususnya dalam berbelanja. Dampak dari perkembangan dan tumbuhnya e-commerce juga dirasakan oleh masyarakat kota Metro-Lampung. Dengan minimnya perusahaan e-commerce yang menyatakan bahwa sistem yang disediakan oleh perusahaannya selalu menjaga prinsip-prinsip ekonomi syariah, maka resiko-resiko dari adanya e-commerce tidak bias diabaikan seperti terjadinya kecurangan dalam bertransaksi, oleh karena itu penulis mengkaji persepsi risiko dalam transaksi e-commerce dari perspektif etika bisnis Islam dan sosial budaya. Penelitian ini bertujuan untuk menganalisis persepsi risiko dalam transaksi e-commerce dari perspektif etika bisnis Islam dan sosial budaya. Metode yang digunakan dalam penelitian ini adalah penelitian kualitatif dengan pendekatan teoritik serta membangun teori dari data yang diterima peneliti. Sehingga hasil dari penelitian ini, bahwa persepsi risiko dalam transaksi e-commerce dalam perspektif etika bisnis Islam dan sosial budaya secara umum tidak melanggar etika bisnis Islam yang berlaku. Namun perlu adanya pembenahan label halal yang dapat menjaga keamanan konsumen khususnya konsumen muslim ketika mengambil keputusan dalam pembelian produk melalui e-commerce yang tersedia.
ANALISIS PERBANDINGAN VOLATILITAS HARGA ISSI DENGAN IHSG: STUDI KASUS MASA TURMOIL PERIODE 2019-2020
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 2 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i2.4382

Abstract

Abstrak: Penelitian ini bertujuan untuk menganalisis dan membandingkan pengaruh masa turmoil antara volatilitas Indeks Saham Syariah Indonesia (ISSI) dengan Indeks Harga Saham Gabungan (IHSG). Serta, menganalisis dan membandingkan seberapa besar variabel-variabel makroekonomi yang mencerminkan masa turmoil pada tahun 2019 hingga 2020 mempengaruhi volatilitas ISSI dan IHSG. Masa turmoil dalam penelitian ini yaitu penurunan harga minyak dunia, perang dagang antara Amerika Serikat dengan China, pandemi Covid-19 dan demo penolakan Rancangan Undang-Undang (RUU) Cipta Kerja dengan variabel Produk Domestik Bruto (PDB), inflasi, kurs rupiah-dolar, suku bunga, harga minyak dunia, Shanghai Stock Exchange (SSE) Composite Index, New York Stock Exchange (NYSE). Variabel yang digunakan adalah data lima hari kerja dari tahun 2019 hingga 2020. Metode analisis yang digunakan yaitu analisis kuantitatif menggunakan TGARCH Model dan VECM. Berdasarkan hasil TGARCH menunjukkan bahwa volatilitas ISSI memiliki pengaruh yang lebih kecil terhadap masa turmoil. Namun, hasil analisis VECM menunjukkan masa turmoil tahun 2019 hingga 2020 lebih berdampak pada volatilitas ISSI dibandingkan dengan volatilitas IHSG. Abstract: This study aims to analyze and compare the effect of turmoil period on the volatility of Indonesian Sharia Stock Index (ISSI) and Jakarta Composite Index (JCI). As well, analyzing and comparing the impact of macroeconomic variables that reflect turmoil period in 2019 to 2020 affect the volatility of ISSI and JCI. The turmoil period in this research are the decline in world oil prices, trade war between the United States and China, Covid-19 pandemic and demonstration against the Omnibus Law. Variables in this model are Gross Domestic Product (GDP), inflation, rupiah-dollar exchange rate, interest rates, world oil prices, Shanghai Stock Exchange (SSE) Composite Index and New York Stock Exchange (NYSE). The variables used five working days data from 2019 to 2020. The analytical method used in this research is quantitative analysis using TGARCH Model and VECM. Based on the results of TGARCH, it shows that the volatility of ISSI has less effect on the turmoil period. However, the results of VECM analysis shows that the turmoil period of 2019 to 2020 has more impact on the volatility of ISSI than the volatility of JCI.
ZAKAT POTENTIAL MANAGEMENT STRATEGY IN INDONESIA
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 2 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i2.4399

Abstract

Management of Zakat has a great potential to fail to optimize the potential of Islamic philanthropy which is significant in tackling poverty and improving the welfare of the people. This article will analyze the effectiveness of zakat management in the modern economy. This research uses an empirical or sociological juridical approach and is analytically descriptive. Data collection methods in this research using documentation. Whereas the method of data analysis, carried out qualitatively juridical. The results of the research are the requirements for the fffectiveness of receiving zakat funds at Badan Amil Zakat Nasional; (1) Establish the concept of expansion in zakat obligations, (2) Management of zakat from fixed assets and non-permanent assets, (3) Accountable and professionally managed administration, (4) An accountable distribution; prioritizing domestic distribution, fair distribution, build trust between Muzakkī and Mustaḥiq zakat, (5) Job productivity through Islamic management and (6) Zakat distribution model in modern economy; distribution of zakat for poverty due to unemployment (a compulsion) and distribution of zakat for poverty due to unemployment of Khiyāriyah (an option).
KHIYAR AL-RU’YAH ON ONLINE TRANSACTIONS; AN ANALYSIS CONTEMPORARY MUAMALAH MALIYAH Syaichoni, Ahmad; Setiawan, Didik
An-Nisbah: Jurnal Ekonomi Syariah Vol 9 No 1 (2022): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v9i1.4405

Abstract

This research is backed by the phenomenon of online transactions conducted by the people of the modern era. Online transactions emerge due to the development of technology and information that can help human beings buy and sell transactions efficiently. However, online transactions pose an individual problem as fraud. Islam governs that every transaction should prioritize a mutual attitude so that no party is harmed. Islam guarantees that all forms of transactions must be free from anything that could harm either party. This article will discuss Islam's concept to protect the parties in the transaction, especially in online transactions. This research is a research library with a normative juridical approach. The data analysis used is content analysis and critic analysis. This research can conclude that al-ru'yah may be applied to online transactions as a form of collateral protection provided to the consumer. Khiyar al-ru'yah attempts to ensure that the consumer knows the goods are transacted so that no party is harmed.
DINAMIKA HUBUNGAN FOREIGN DIRECT INVESTMENT (FDI), MAKROEKONOMI DAN RETURN INDEKS SAHAM SYARIAH DI EMPAT NEGARA ASEAN
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 2 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i2.4471

Abstract

Negara-negara kawasan Asia Tenggara tengah menyongsong integrasi pasar modal. Kehadiran momentum itu, dibutuhkan kondisi ekonomi masing-masing negara yang stabil dan pasar modal yang menarik. Momentum ini juga merupakan kesempatan pasar modal syariah untuk lebih dikembangkan di kawasan ini. Penelitian ini bertujuan untuk menguji pengaruh Foreign Direct Investment (FDI) dan variabel ekonomi makro yakni pertumbuhan ekonomi, inflasi, suku bunga acuan dan nilai tukar terhadap return indeks saham syariah di empat negara ASEAN yaitu Indonesia, Malaysia, Thailand dan Singapura. Periode penelitian sejak kuartal IV tahun 2006 sampai dengan kuartal I tahun 2020. Metode yang digunakan dalam pembuktian empiris pada penelitian ini adalah Autoregressive Distributed Lag Bounds Testing Approach (ARDL). Penelitian ini menemukan hubungan kointegrasi jangka panjang pada semua negara objek penelitian. Dalam hubungan jangka panjang dan dinamika jangka pendek, penelitian ini menemukan adanya variasi hasil dan arah koefisien di 4 negara ASEAN. Kecepatan penyesuaian kembali keseimbangan jika terjadi goncangan berturut-turut Indonesia, Malaysia, Thailand dan Singapura adalah 44.7%, 65.4%, 43.5% dan 50.0% per bulannya.
PENGELOLAAN DANA HAJI SEBAGAI BENTUK MANAJEMEN KEUANGAN PUBLIK
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 2 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i2.4487

Abstract

Penelitian ini bertujuan untuk memberikan gambaran terkait mekanisme pengelolaan dan investasi dana haji yang ada di negara dengan penduduk mayoritas muslim. Negara yang dipilih dalam penelitian ini adalah Indonesia dan Malaysia. Penelitian dalam tulisan ini adalah penelitian kepustakaan, yakni penelitian yang data-data dan informasinya diperoleh dari sumber pustaka (bacaan) baik berupa buku-buku, hasil penelitian, berita dan bahan bacaan yang lainnya. Dari hasil penelitian didisimpulkan bahwa dana haji harus dikelola secara taransparan dan akuntabel serta selalu mengutamakan prinsip kehati-hatian karena dana haji tujuan utamanya adalah kegiatan ibadah yang termasuk dalam rukun islam, bukan untuk mencari keuntungan. Pemerintah harus bisa meningkatkan kepercayaan dari masyarakat dengan selalu meningkatkan pelayanan dan tata Kelola yang baik (good governance) dalam menjalankan tugasnya. Dana haji memiliki potensi yang sangat besar dan pengelolaannya harus ditujukan untuk kemaslahatan umat sebesar-besarnya.
THE URGENCY OF CENTRAL BANK DIGITAL CURRENCY (CBDC) IMPLEMENTATION; MAQĀSHĪD SYARĪ’AH PERSPECTIVE
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 2 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i2.4500

Abstract

This study examines the urgency of the Central Bank Digital Currency (CBDC) with a maqashid Syariah perspective. The challenges of digital transactions have forced people to use cryptocurrencies without the use of asset assignments so that they have a big risk, this makes them illegal, while electronic money has not answered the challenges of digital transactions. The methodology used in writing this article is a descriptive qualitative method with a normative approach to analysis on maslahah and mafsadah contained in Maqashid sharia. The data used by the author is secondary data. The results of the study can be concluded that the implementation of Central Bank Digital Currency (CBDC) will provide more maslahah than mafsadah, while cryptocurrencies are currently widely traded freely by the Muslim community in general even though they are considered haram and illegal. This shows that the Central Bank Digital Currency (CBDC) has the urgency of its use in the economic practice of Muslims in general, with the same form but eliminating the bad elements contained in cryptocurrency, enforcing Islamic sharia, and saving the economy of the Muslim community according to Maqashid. sharia
ANALISIS PRAKTIK MINDRING MODERN
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 2 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i2.4630

Abstract

This research aims to analyze the practice of Mindring Modern Jaya Mandiri in Kudus from the view of the National Sharia Council (DSN) fatwa of the Indonesian Ulema Council (MUI) No. 110/DSN-MUI/IX/2017 about sale and purchase contracts. This research is a qualitative research with a case study approach. The method used in this research is interview, observation, and documentation. The data validity technique used is triangulation, with analytical procedures including data reduction, data display, making conclusions and verification. The results of this study indicate that the practice of Mindring Modern Jaya Mandiri Kudus is not in accordance with the fatwa of DSN MUI No: 110/DSN-MUI/IX/2017. The use of the lease-purchase contract is not in accordance with the practice of mindring. The appropriate contract is bai’ al-taqsith.
THE ADVANTAGES AND CHALLENGES OF IMPLEMENTING SUKUK THROUGH BLOCKCHAIN TECHNOLOGY
An-Nisbah: Jurnal Ekonomi Syariah Vol 8 No 2 (2021): An-Nisbah
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.v8i2.4665

Abstract

Financial instruments must be able to adapt quickly in the 4.0 era. One of the Islamic financial innovations highlighted at this time is the application of blockchain technology-based sukuk. This study aims to determine specifically the advantages of applying sukuk through blockchain technology and to scale the point of view regarding the challenges faced in applying sukuk through blockchain technology. This research uses a qualitative approach. The data collection technique used is literature study by collecting data from previous studies in the form of documentation of articles, journals or books as well as publication data from other parties. The data analysis techniques used were data reduction, data presentation, and conclusion drawing. The results show that sukuk can get many benefits from blockchain technology. Although blockchain has its advantages, there are risks and challenges that need to be resolved. In responding to this challenge, it is necessary to have a harmonious synergy among all stakeholders, from Syari'ah scholars, academics, to regulators and industry