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Jurnal Ekonomi Syariah Teori dan Terapan

JESTT
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Published by Universitas Airlangga

ISSN : 24071935 EISSN : 25021508 DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

Jurnal Ekonomi Syariah Teori dan Terapan (JESTT) accepts original manuscripts in the field of Islamics Economics, including research reports, case reports, application of theory, critical studies and literature reviews.

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Search results for , issue "Vol. 9 No. 5 (2022): September-2022" : 13 Documents clear

Value for Money Perception on Buying Intention Halal Cosmetics: Mediated by Emotional Brand Attachment Hafidza Gumelar Muksininna; Ririn Tri Ratnasari
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp617-627

ABSTRAK Penelitian ini bertujuan untuk mengetahui adanya pengaruh value for money perception dan emotional brand attachment terhadap niat membeli kosmetik halal khususnya produk Innisfree. Selain itu, untuk meningkatkan literasi tentang value for money perception dan emotional brand attachment terhadap buying intention. Pendekatan kuantitatif digunakan dalam metodologi penelitian ini dengan Path Analysis sebagai teknik analisis data. Pengumpulan data dengan menyebarkan kuesioner skala Likert berskala lima secara online. Responden dalam penelitian ini adalah 100 mahasiswi diberbagai universitas di Surabaya yang belum pernah menggunakan produk Innisfree. Hasil dari riset menunjukkan bahwa hubungan antar variabel value for money perception terhadap buying intention, value for money perception terhadap emotional brand attachment, dan emotional brand attachment terhadap buying intention ketiganya memiliki pengaruh secara signifikan positif. Kata Kunci: Value for Money Perception, Emotional Brand Attachment, Buying Intention, Kosmetik Halal. ABSTRACT This study aims to determine the effect of value for money perception and emotional brand attachment on the intention to buy halal cosmetics, especially Innisfree products. In addition, to increase literacy about value for money perception and emotional brand attachment to buying intention. A quantitative approach is used in this research methodology with Path Analysis as a data analysis technique. Collecting data by distributing a five-scale Likert scale questionnaire online. Respondents in this study were 100 female students in various universities in Surabaya who had never used Innisfree products. The results of the research show that the relationship between the variable value for money perception on buying intention, value for money perception on emotional brand attachment, and emotional brand attachment on buying intention, all three have a significant positive effect. Keywoards: Value for Money Perception, Emotional Brand Attachment, Buying Intention, Halal Cosmetics. DAFTAR PUSTAKA Alnawas, I., & Hemsley-Brown, J. (2018). The differential effect of cognitive and emotional elements of experience quality on the customer-service provider’s relationship. International Journal of Retail & Distribution Management, 46(2), 125–147. Aw, E. C., Chuah, S. H., & Fazli, M. (2021). Go loud or go home ? How power distance belief influences the effect of brand prominence on luxury goods purchase intention. Journal of Retailing and Consumer Services, 58(September 2020), 102288. https://doi.org/10.1016/j.jretconser.2020.102288 Briliana, V., & Mursito, N. (2017). Exploring antecedents and consequences of Indonesian Muslim youths' attitude towards halal cosmetic products: A case study in Jakarta. Asia Pacific Management Review, 22(4), 176-184. Budiyono, B. S., & Ratnasari, R. T. (2020). Determinants factors of hindus customers in using bank muamalat service. Hamdard Islamicus, 43(1), 212–230. Butcher, L., Phau, L., Teah, M. (2016). Brand prominence in luxury consumption: will emotional value adjudicate our longing for status? Journal of. Brand Management. 23 (6), 701–715. Cardinale, S., Nguyen, B., & Melewar, T. (2015). place-based brand experience, place attachment and loyalty. Marketing Intelligence & Planning, 33(3), 238–257. Casteran, G., & Ruspil, T. (2021). How can an organic label help a private label? Journal of Consumer Marketing, 2(December 2020), 191–200. https://doi.org/10.1108/JCM-08-2019-3374. Chae, H., Kim, S., Lee, J., & Park, K. (2020). Impact of product characteristics of limited edition shoes on perceived value, brand trust, and purchase intention; focused on the scarcity message frequency. Journal of Business Research, 120(November), 398–406. https://doi.org/10.1016/j.jbusres.2019.11.040. Chand, V., & Fei, C. (2020). Self-brand connection and intention to purchase a counterfeit luxury brand in emerging economies. Journal of Consumer Behaviour, August, 1–13. https://doi.org/10.1002/cb.1871 Dabbous, A., & Barakat, K. Aoun. (2020). Bridging the online offline gap: Assessing the impact of brands’ social network content quality on brand awareness and purchase intention. Journal of Retailing and Consumer Services, 53(March 2019), 101966. https://doi.org/10.1016/j.jretconser.2019.101966 Dash, G., Kiefer, K., & Paul, J. (2021). Marketing-to-Millennials: Marketing 4.0, customer satisfaction and purchase intention. Journal of Business Research, 122(February 2020), 608–620. https://doi.org/10.1016/j.jbusres.2020.10.016 Dwivedi, A., Johnson, L. W., Wilkie, D. C., & Araujo-Gil, L. D. (2019). Consumer emotional brand attachment with social media brands and social media brand equity. European Journal of Marketing, 53(6), 1176–1204. https://www.emerald.com/insight/search?q=Emotional Fastoso, F., & González-Jiménez, H. (2020). Materialism, cosmopolitanism, and emotional brand attachment: The roles of ideal self-congruity and perceived brand globalness. Journal of Business Research, 121(December), 429–437. https://doi.org/10.1016/j.jbusres.2018.12.015 Hayati, A., & Ratnasari, R. T. (2020). Factors affecting muslim consumer decisions on choosing Islamic hotel. Hamdard Islamicus, 43(2), 619–638. Henry, A. (2001). Consumer Behaviour and Marketing Action. Singapore. Thomson Learning Innisfree. (2021). Konsep Brand Innisfree. Retrieved from innisfree.com Japutra, A., Ekinci, Y., & Simkin, L. (2019). Self-congruence, brand attachment and compulsive buying. Journal of Business Research, 99(August), 456–463. https://doi.org/10.1016/j.jbusres.2017.08.024 Kaufmann, H. R., Petrovici, D. A., Filho, C. G., & Ayres, A. (2016). Identifying moderators of brand attachment for driving customer purchase intention of original vs counterfeits of luxury brands. Journal of Business Research, 69(12), 5735–5747. https://doi.org/10.1016/j.jbusres.2016.05.003 Kementerian Agama RI. (2021). Al-Qur'an dan terjemahan. Retrieved from www.quran.kemenag.go.id Khalek, A. A., & Ismail, S. H. S. (2015). Why are we eating halal – Using the theory of planned behavior in predicting halal food consumption among generation Y in Malaysia. International Journal of Social Science and Humanity, 5(7), 608–612. https://doi.org/10.7763/ijssh.2015.v5.526 Kotler, P., & Amstrong, G. (2008). Prinsip-prinsip pemasaran. Jakarta: Erlangga Ku, T., & Lin, T. (2018). Effects of luxury brand perceptions on brand attachment and purchase intention: A comparative analysis among consumers in China, Hong Kong and Taiwan. South African Journal of Business Management, 49(1), 1–9. https://doi.org/10.4102/sajbm.v49i1.6 Li, G., Li, G., & Kambele, Z. (2012). Luxury fashion brand consumers in China: Perceived value, fashion lifestyle, and willingness to pay. Journal of Business Research, 65(10), 1516–1522. https://doi.org/10.1016/j.jbusres.2011.10.019 Lim, X., Cheah, J., Cham, T., Ting, H., & Memon, M. (2020). Compulsive buying of branded apparel, its antecedents, and the mediating role of brand attachment. Asia Pacific Journal of Marketing and Logistics, 32(7), 1539–1563. https://doi.org/10.1108/APJML-03-2019-0126 Liu, D., & Guo, X. (2017). Can trust and social benefit really help? Empirical examination of purchase intentions for wearable devices. Information Development, 33(1), 43–56. https://doi.org/10.1177/0266666916635724 Mattila, Anna, W. Y. (2016). Why do we buy luxury experiences? Measuring value perceptions of luxury hospitality services. International Journal of Contemporary Hospitality Management, 28(9), 1848-1867. https://doi.org/10.1108/IJCHM-11-2014-0579 Bappenas. (2018). Masterplan Ekonomi Syariah Indonesia 2019-2024. Kementerian Perencanaan Pembangunan Nasional/ Badan Perencanaan Pembangunan Nasional, 1–443 Nasution, M., & Yasin, H. (2014). Pengaruh promosi dan harga terhadap minat beli perumahan Obama PT. Nailah Adi Kurnia Sei Mencirim Medan. Jurnal Manajemen & Bisnis, 14(2), 135–143. http://dx.doi.org/10.30596%2Fjimb.v14i2.182 Nenycz-Thiel, M., & Romaniuk, J. (2012). Value-for-money perceptions of supermarket and private labels. Australasian Marketing Journal, 20(2), 171–177. https://doi.org/10.1016/j.ausmj.2011.12.002 Niros, M. I., & Pollalis, Y. A. (2011). Brand personality and consumer behavior: Strategies for building strong service brands. Journal of Marketing & Operations Management Research, 2(2), 101–115. Peterson, C., & Skolits, G. (2020). Value for money: A utilization-focused approach to extending the foundation and contribution of economic evaluation. Evaluation and Program Planning, 80(July 2018), 101799. https://doi.org/10.1016/j.evalprogplan.2020.101799 Pino, G., Amatulli, C., Peluso, A., Nataraajan, R., & Guido, G. (2019). Brand prominence and social status in luxury consumption: A comparison of emerging and mature markets. Journal of Retailing and Consumer Services, 46(November 2017), 163–172. https://doi.org/10.1016/j.jretconser.2017.11.006 Ratnasari, R. T., Ula, U. F., & Sukmana, R. (2020). Can store image moderate the influence of religiosity level on shopping orientation and customers’ behavior in Indonesia? Journal of Islamic Accounting and Business Research, 12(1), 78–96. https://doi.org/10.1108/JIABR-01-2017-0006 Sedianingsih, Ratnasari, R. T., Prasetyo, A., & Mawardi, I. (2018). Determinant of intention to check-up back to doctors at public hospital. International Journal of Engineering and Technology(UAE), 7(3), 31–32. https://doi.org/10.14419/ijet.v7i3.21.17088 Standard, D. (2019). State of the global Islamic economy report 2019/20. Dubai International Financial Centre, 1–174. Retrieved from https://haladinar.io/hdn/doc/report2018.pdf Suhartanto, D., Dean, D., Sarah, I. S., Hapsari, R., Amalia, F. A., & Suhaeni, T. (2020). Does religiosity matter for customer loyalty? Evidence from halal cosmetics. Journal of Islamic Marketing, 12(8), 1521-1534. https://doi.org/10.1108/JIMA-03-2020-0069 Suparno, C. (2020). Online purchase intention of halal cosmetics: S-O-R framework application. Journal of Islamic Marketing, 12(9), 1665-1681. https://doi.org/10.1108/JIMA-09-2019-0192 Thomas, T., & Johnson, J. (2017). The impact of celebrity expertise on advertising effectiveness: The mediating role of celebrity brand fit. Vision, 21(4), 367–374. https://doi.org/10.1177/0972262917733174 Vahdat, A., Hafezniya, H., Jabarzadeh, Y., & Thaichon, P. (2020). Emotional brand attachment and attitude toward brand extension. 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The Effect of Celebrity Endorser and Content Marketing on Purchase Intention of Fashion Muslim Fauziyah Putri; Achsania Hendratmi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp672-680

ABSTRAK Halal fashion saat ini menjadi salah satu sektor yang diminati konsumen di Indonesia. Mayoritas penduduk Indonesia yang merupakan muslim menjadikan pangsa pasar industri fashion Muslim sangat besar. Permintaan produk fashion muslim semakin tinggi karena kesadaran perempuan Muslim dalam menutup aurat juga sudah tinggi. Apalagi, konsumen saat ini suka melihat fashion influencer di sosial media seperti Instagram. Serta penggunakan content marketing yang menarik juga mempengaruhi konsumen untuk membeli sebuah produk. Penjualan produk fashion muslim semakin mudah diakses konsumen dengan andanya media digital untuk melihat dan bertransaksi. Tujuan penelitian ini adalah untuk melihat pengaruh pendukung selebriti dan pemasaran konten. Penelitian ini menggunakan metode kuantitatif. Dengan teknik data yaitu kuisioner yang disebarkan secara online kepada 100 responden perempuan muslim yang pernah mengakses platform online brand fashion muslim Vanilla Hijab. Teknik analisis yang digunakan dalam penelitian ini yaitu regresi linier berganda. Hasil dari penelitian ini menunjukkan celebrity endorser memiliki pengaruh positif signifikan terhadap niat beli, dan konten pemasaran juga memiliki pengaruh positif signifikan terhadap niat beli toko online fashion Vanilla Hijab. Kata-Kunci: Celebrity Endorser, Content Marketing, Purchase Intention, Fashion Muslim. ABSTRACT Halal fashion is currently one of the sectors that consumers in Indonesia are interested in. The majority of Indonesia's population who are Muslim makes the market share of the Muslim fashion industry very large. The demand for Muslim fashion products is getting higher because the awareness of Muslim women in covering their genitals is high. Moreover, consumers today like to see fashion influencers on social media like Instagram. And the use of attractive content marketing also influences consumers to buy a product. The sale of Muslim fashion products is increasingly accessible to consumers by relying on digital media to view and transact. The purpose of this study was to examine the influence of celebrity supporters and content marketing. This research uses quantitative methods. With the data technique, namely a questionnaire distributed online to 100 Muslim female respondents who have accessed the online platform for the Muslim fashion brand Vanilla Hijab. The analysis technique used in this study is multiple linear regression. The results of this study indicate celebrity endorsers have a significant positive effect on purchase intention, and marketing content also has a significant positive effect on purchase intention of Vanilla Hijab fashion online shop. Keywords: Celebrity Endorser, Content Marketing, Purchase Intention, Fashion Muslim. DAFTAR PUSTAKA Abbas, A., Afshan, G., & Khan, S. B. (2018). The effect of celebrity endorsement on customer purchase intention: A comparative study predictors and consequences of human resource outsourcing view project internal marketing view project. Current Economics and Management Research, 4(1), 1–10. Abdurrahim, A., & Sangen, M. (2019). Pengaruh content marketing, sales promotion, personal selling, dan advertising terhadap minat beli konsumen pada hotel biuti di Banjarmasin. Jurnal Sains Manajemen Dan Kewirausahaan, 3(1), 42–47. http://ppjp.ulm.ac.id/journal/index.php/jsmk Andreas, R. (2013). The big book of content marketing: Use Strategies and SEO Tactics to Build Return-Oriented KPIs for Your Brand's Content. Andreas.com. Audia, D. S., Jayawinangun, R., & Ferdinan, F. (2018). Pengaruh celebrity endorser terhadap minat pembelian produk Aidi.Id (Studi pada followers instagram Aidi.Id). Jurnal Penelitian Sosial Ilmu Komunikasi, 3(1), 76–95. https://doi.org/10.33751/jpsik.v3i1.1012 Badan Pusat Statistik. (2016). 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Analisis efektivitas iklan televisi softener soft & fresh di Jakarta dan sekitarnya dengan menggunakan consumen decision model. Jurnal Ekonomi Perusahaan, 11(1), 35–55. Ferdinand, A. (2002). Structural equation modelling dalam penelitian manajemen. Semarang: Badan Penerbit Universitas Diponegoro. Gao, D. (2018). Research on the influencing factors of customer’s purchase intention in the context of content marketing. Proceedings of the 2018 2nd International Conference on Education Science and Economic Management (ICESEM 2018), 1184–1189. https://doi.org/10.2991/icesem-18.2018.277 Joe, P. (2009). What Is Content Marketing?. Retrieved from https://contentmarketinginstitute.com/ what-is-content-marketing/ Kim, J., Kang, S., & Lee, K. H. (2020). How social capital impacts the purchase intention of sustainable fashion products. Journal of Business Research, 117(November 2017), 596–603. https://doi.org/10.1016/j.jbusres.2018.10.010 Lapod, A. C. (2020, October 28). Belajar dari CEO Vanilla Hijab, cara mulai bisnis fashion dengan modal kecil. Retrieved from https://kumparan.com/kumparanwoman/belajar-dari-ceo-vanilla-hijab-cara-mulai-bisnis-fashion-dengan-modal-kecil-1uTjF96VapG/full Lee, J., & Lee, J. N. (2015). How purchase intention consummates purchase behaviour: The stochastic nature of product valuation in electronic commerce. Behaviour and Information Technology, 34(1), 57–68. https://doi.org/10.1080/0144929X.2013.853837 Lu, L. C., Chang, W. P., & Chang, H. H. (2014). Consumer attitudes toward blogger’s sponsored recommendations and purchase intention: The effect of sponsorship type, product type, and brand awareness. Computers in Human Behavior, 34, 258–266. https://doi.org/10.1016/j.chb.2014.02.007 Phua, J., Lin, J. S. (Elaine), & Lim, D. J. (2018). Understanding consumer engagement with celebrity-endorsed E-Cigarette advertising on instagram. Computers in Human Behavior, 84(March), 93–102. https://doi.org/10.1016/j.chb.2018.02.031 Pusat Pengkajian dan pengembangan Ekonomi Islam. (2008). Ekonomi Islam. Jakarta: PT Raja Grafindo Persada. Rocha, P. I., Caldeira de Oliveira, J. H., & Giraldi, J. d. M. E. (2019). Marketing communications via celebrity endorsement: an integrative review. Benchmarking, 27(7), 2233–2259. https://doi.org/10.1108/BIJ-05-2018-0133 Royan, F. M. (2004). Marketing selebrities (Selebriti dalam iklan dan strategi selebriti memasarkan diri sendiri). Jakarta: PT Elex Media Komputindo. Schaefer, M. (2016). Learn to create effective content by putting it through the RITE test. Retrieved from https://businessesgrow.com/2016/12/08/create-effective-content/ Seock, Y. K., & Norton, M. (2007). Attitude toward internet web sites, online information search, and channel choices for purchasing. 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Effect of celebrity endorsements on consumer purchase intentions: Advertising effect and advertising appeal as mediators. Human Factors and Ergonomics in Manufacturing & Service Industries, 23(5), 357-367. https://doi.org/10.1002/hfm.20336 Ward, J. (2016). A content analysis of celebrity instagram posts and parasocial interaction. Elon Journal of Undergraduate Research in Communications, 7(1). Wijaya, P. S. M., & Teguh, C. (2012). Faktor-faktor yang mempengaruhi minat beli di online shop Specialis Guess. Jurnal Riset Manajemen dan Bisnis, 7(2), 147–160. http://dx.doi.org/10.21460/jrmb.2012.72.79 Xiang, L., Zheng, X., Lee, M. K. O., & Zhao, D. (2016). Exploring consumers’ impulse buying behavior on social commerce platform: The role of parasocial interaction. International Journal of Information Management, 36(3), 333–347. https://doi.org/10.1016/j.ijinfomgt.2015.11.002 Yodi H. P., Widyastuti, S., & Noor, L. S. (2020). 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The Effect of the Use of M-Payment, Islamic Financial Literacy, Locus of Control on the Financial Behavior Risna Yunia Rahma; Siti Zulaikha
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp747-759

ABSTRAK Riset ini bertujuan untuk mendapatkan fakta empiris pengaruh penggunaan m- payment, literasi keuangan syariah, locus of control terhadap perilaku keuangan mahasiswa muslim Surabaya sepanjang pandemi Covid- 19. Riset ini ialah riset kuantitatif. Metode pengambilan sampel dilakukan dengan purposive sampling, kepada 119 mahasiswa muslim Surabaya yang memakai mobile payment. Metode analisis yang digunakan merupakan Structural Equation Modelling-Partial Least Square (SEM-PLS). Hasil riset ini menampilkan bahwa penggunaan m-payment mempengaruhi positif serta signifikan terhadap perilaku keuangan, literasi keuangan syariah mempengaruhi positif serta signifikan terhadap perilaku keuangan, serta economic locus of control mempengaruhi positif serta signifikan terhadap perilaku keuangan. Riset ini mempunyai implikasi bahwa literasi keuangan syariah merupakan aspek yang sangat mempengaruhi dalam menunjang perilaku keuangan seorang, dimana dengan literasi keuangan syariah yang baik diiringi keahlian dalam mengambil keputusan keuangan dapat menghasilkan industri keuangan yang sehat. Walaupun tingkat literasi keuangan syariah mahasiswa muslim Surabaya terletak pada tingkat yang baik, diharapkan pelaku industri keuangan senantiasa mengedukasi warga khususnya mahasiswa dan menyadari bahwa perilaku keuangan sangatlah penting. Riset ini terbatas pada penyebaran sampel yang tidak menyeluruh serta tidak mempertimbangkan bagaimana perilaku keuangan responden saat sebelum pandemi Covid-19 terjadi. Kata Kunci: Mobile payment, Literasi Keuangan Syariah, Locus of control, Perilaku Keuangan. ABSTRACT This research aims to obtain empirical facts about the effect of using m-payments, Islamic financial literacy, locus of control on the financial behavior of Surabaya Muslim students during the Covid-19 pandemic. This research is quantitative research. The sampling method was carried out by purposive sampling, to 119 Muslim students in Surabaya who used mobile payments. The analytical method used is Structural Equation Modeling-Partial Least Square (SEM-PLS). The results of this study show that the use of m-payment has a positive and significant effect on financial behavior, Islamic financial literacy which has a positive and significant influence on financial behavior, and economic locus of control which has a positive and significant influence on financial behavior. This research shows that Islamic financial literacy is a very influential aspect in supporting the behavior of an employee, where good Islamic financial literacy is accompanied by financial decision results that can produce a healthy financial industry. Although the level of Islamic financial literacy of Surabaya Muslim students is at a good level (well literate), it is hoped that the financial industry players will educate citizens, especially students, and realize that financial behavior is important. This research is limited to a sample distribution that is not comprehensive and does not take into account the financial behavior of respondents before the Covid-19 pandemic occurred. Keywords: Mobile payment, Islamic Financial Literacy, Locus of control, Financial behavior. DAFTAR PUSTAKA Dew, J., & Xiao, J. (2011). The financial management behavior scale: Development and validation. Journal of Financial Counseling and Planning, 22(1), 43-59. Grable, J., Joo-yung P., & So-Hyun J. (2009). Explaining financial management behavior for Koreans living in the United States. The Journal of Consumer Affairs, 43(1), 80-107. Ida, I., & Dwinta, C. Y. (2010). Pengaruh locus of control, financial knowledge, income terhadap financial management behavior. Jurnal Bisnis dan Akuntansi, 12(3), 131-144. https://doi.org/10.34208/jba.v12i3.202 Kholilah, N. A., & Iramani. (2013). Studi financial management behavior pada masyarakat Surabaya. Journal of Business and Banking, 3(1), 69-80. http://dx.doi.org/10.14414/jbb.v3i1.255 Liu, T., Pan, B., & Yin, Z. (2020). Pandemic, mobile payment, and household consumption: Micro-evidence from China. Emerging Markets Finance and Trade, 56(10), 2378-2389. https://doi.org/10.1080/1540496X.2020.1788539 Patil, P., Tamilmani, K., Rana, N. P., & Raghavan, V. (2020). Understanding consumer adoption of mobile payment in India: extending meta-utaut model with personal innovativeness, anxiety, trust, and grievance redressal. International Journal of Information Management, 54, 1-16. https://doi.org/10.1016/j.ijinfomgt.2020.102144 Perry, V. G., & Morris, M. D. (2005). Who is in control? The role of self-perception, knowledge, and income in explaining consumer financial behavior. The Journal of Consumer Affairs, 39(2), 299-313. https://psycnet.apa.org/doi/10.1111/j.1745-6606.2005.00016.x Rahim, S. H. A., Rashid, R. A., & Hamed, A. B. (2016). Islamic financial literacy and its determinants among university students: An exploratory factor analysis. International Journal of Economic and Financial Issues, 6(S7), 32-35. Salamanca, N., de Grip, A., Fouarge, D., & Montizaan, R. (2020). Locus of control and investment in risky assets. Journal of Economic Behavior and Organization, 177, 548-568. https://doi.org/10.1016/j.jebo.2020.06.032 Sapir, A. S. M., & Ahmad, W. M. W. (2019). Financial literacy among Malaysian muslim undergraduates. Journal of Islamic Accounting and Business Research, 11(8), 1515-1529. https://doi.org/10.1108/JIABR-10-2017-0149 Sugiyono. (2017). Metode penelitian kuantitatif, kualitatif, dan R&D. Bandung: Alfabeta. Xiao, J. J. (2008). Applying behavior theories to financial behavior. In Handbook of Consumer Finance Research, chapter 5. 10.1007/978-0-387-75734-6_5 Zulaihati, S., Susanti, S., & Widyastuti, U. (2020). Teachers’ financial literacy: Does it impact on financial behavior? Management Science Letters, 10, 653-658. http://dx.doi.org/10.5267/j.msl.2019.9.014

The Effect of Management Performance, Efficiency, Underwriting Performance and Liquidity on the Profitability of Sharia Insurance Companies in Indonesia for 2015-2019 Muhammad Al Fansa Nuhin; Noven Suprayogi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp628-642

ABSTRAK Penelitian ini bertujuan untuk mengetahui pengaruh kinerja manajemen, efisiensi, kinerja underwriting dan likuiditas terhadap profitabilitas perusahaan asuransi syariah di Indonesia periode 2015-2019 secara parsial dan simultan. Penelitian ini menggunakan metode kuantitatif dengan teknik analisis regresi data panel dan mengambil 24 sampel perusahaan asuransi jiwa maupun umum syariah di Indonesia, sumber data diambil dari laporan keuangan masing-masing perusahaan asuransi syariah dan laporan statistik keuangan OJK. secara parsial kinerja manajemen dan kinerja underwriting berpengaruh positif signifikan terhadap profitabilitas, efisiensi dan likuiditas berpengaruh negatif signifikan terhadap profitabilitas. secara simultan variabel kinerja manajemen, efisiensi, kinerja underwriting dan likuiditas yang diukur melalui rasio perubahan surplus, rasio underwriting, rasio biaya manajemen dan rasio likuiditas berpengaruh signifikan terhadap profitabilitas yang diukur dengan ROE pada perusahaan asuransi syariah di Indonesia periode 2015-2019. Perusahaan asuransi syariah diharapkan dapat mengoptimalkan struktur modal perusahaannya, lalu menjaga kondisi keuangan perusahaan dengan baik terutama dari sisi kewajiban dan biaya operasional perusahaan asuransi syariah. Perusahaan juga diharapkan mampu mengelola dana pesertanya dengan baik agar tidak mengalami defisit underwriting. Kata kunci: Kinerja Manajemen, Efisiensi, Kinerja Underwriting, Likuiditas, Profitabilitas. ABSTRACT This study aims to determine the effect of management performance, efficiency, underwriting performance and liquidity on the profitability of Islamic insurance companies in Indonesia for the 2015-2019 period partially and simultaneously. This study uses a quantitative method with panel data regression analysis techniques and takes 24 samples of sharia life and general insurance companies in Indonesia, the data sources are taken from the financial statements of each sharia insurance company and OJK financial statistics reports. partially management performance and underwriting performance have a significant positive effect on profitability, efficiency and liquidity have a significant negative effect on profitability. Simultaneously, the variables of management performance, efficiency, underwriting performance and liquidity as measured by the ratio of changes in surplus, underwriting ratio, management expense ratio and liquidity ratio have a significant effect on profitability as measured by ROE in Islamic insurance companies in Indonesia for the 2015-2019 period. Islamic insurance companies are expected to optimize the company's capital structure, then maintain the company's financial condition well, especially in terms of obligations and operational costs of sharia insurance companies. The company is also expected to be able to manage the funds of its participants well so as not to experience an underwriting deficit. Keywords: Management Performance, Efficiency, Underwriting Performance, Liquidity, Profitability. DAFTAR PUSTAKA Akotey G., J. O., & Manso, S. L. (2013). The financial performance of life insurance companies in Ghana. Journal of Risk Finance, 14(3), 286-302. https://doi.org/10.1108/JRF-11-2012-0081 Anshori, M., & Iswati, S. (2009). Metodologi penelitian kuantitatif. Surabaya: Universitas Airlangga. Azhari, R. A. (2021). Studi analisis meta pada determinan profitabilitas perusahaan asuransi syariah di Indonesia. Skripsi tidak dipublikasikan. Surabaya: Universitas Airlangga. Bakri, W. (2015). Prinsip-prinsip dasar asuransi syariah. Ijtihad: Jurnal Hukum dan Ekonomi Islam, 9(2), 195-214. http://dx.doi.org/10.21111/ijtihad.v9i2.2521 Baltagi, B. H. (2005). Econometric analysis of panel data. West Sussex: John Willey and Sons Ltd. Darmawi. (2006). Manajemen asuransi. Jakarta: Bumi Aksara. DSN MUI. (2001). Fatwa DSN MUI Nomor 21/DSN-MUI/X/2001 tentang pedoman umum asuransi syariah. Jakarta: DSN MUI. Fadrul., & Simorangkir, M. A. (2019). Pengaruh early warning system dan risk-based capital terhadap kinerja keuangan perusahaan asuransi. Bilancia: Jurnal Ilmiah Akuntansi, 3(3), 348-359. Harahap, S. S. (2001). Teori akuntansi. Jakarta: PT. Raja Grafindo Persada . Juwita, T. (2017). Analisis pengaruh premi klaim investasi dan surplus underwriting terhadap pertumbuhan laba pada industri asuransi syariah tahun 2012-2016. Skripsi tidak dipublikasikan. Salatiga: Institut Agama Islam Negeri (IAIN) Salatiga. Kaya, E. O. (2015). The effects of firm-specific factors on the profitability of non-life insurance companies in Turkey. Int. J. Financial Stud, 3(4), 510-529. https://doi.org/10.3390/ijfs3040510 Kumar, K. A. (2015). International Financial Reporting Standards (IFRS) Adoption on Financial Decisions. J Account Mark, 4(3), 1-6. https://doi.org/10.4172/2168-9601.1000141 Kuncoro, M. (2011). Metode kuantitatif. Yogyakarta: Sekolah Tinggi Ilmu Manajemen YKPN. Makhrus, A. (2017). Manajemen asuransi syariah. Yogyakarta: Litera. Mardhiyyah, A. Z. (2019). Analisis pengaruh pertumbuhan premi, hasil investasi, risiko likuiditas, tingkat kesehatan (solvabilitas) dengan nilai risk based capital dan tingkat efesiensi terhadap kinerja keuangan pada perusahaan asuransi syariah di Indonesia. Skripsi tidak dipublikasikan. Jakarta: Universitas Islam Negeri Syarif Hidayatullah Jakarta. Ngunguni, N. J., Misango, S. M., & Onsiro, M. (2020). Examining the effects of financial factors on profitability of general insurance companies in Kenya. International Journal of Finance of Accounting, 5(1), 1-18. http://dx.doi.org/10.47604/ijfa.1066 Ningrum, S. D. (2014). Analisis faktor-faktor yang mempengaruhi return on equity pada perusahaan asuransi umum. Skripsi tidak dipublikasikan. Semarang: Universitas Diponegoro. OJK. (2015). Laporan statistik perasuransian Indonesia. Jakarta: Otoritas Jasa Keuangan. OJK. (2016). Laporan statistik perasuransian Indonesia. Jakarta: Otoritas Jasa Keuangan. OJK. (2017). Laporan statistik perasuransian Indonesia. Jakarta: Otoritas Jasa Keuangan. OJK. (2018). Laporan statistik perasuransian Indonesia. Jakarta: Otoritas Jasa Keuangan. OJK. (2019). Laporan statistik perasuransian Indonesia. Jakarta: Otoritas Jasa Keuangan. OJK. (2019). Laporan perkembangan keuangan syariah di Indonesia. Jakarta: Otoritas Jasa Keuangan. Puspitasari, N. (2012). Model proporsi tabarru dan ujrah pada bisnis asuransi umum syariah di indonesia. Jurnal Akuntansi dan Keuangan Indonesia, 9(1), 43-55. http://dx.doi.org/10.21002/jaki.2012.03 Ramadhan, Y. (2019). Pengaruh ujrah diterima, beban klaim dan total investasi terhadap laba asuransi jiwa syariah di Indonesia periode 2008-2017. Skripsi tidak dipublikasikan. Surabaya: Universitas Airlangga. Safitri, K. E., & Suprayogi, N. (2017). Analisis kesehatan keuangan dana tabarru yang mempengaruhi profitabilitas pada asuransi syariah di Indonesia. Jurnal Ekonomi Syariah Teori dan Terapan, 4(1), 73-88. https://doi.org/10.20473/vol4iss20171pp73-88 Salsabila, F. H. (2020). Pengaruh rasio-rasio early warning system terhadap profitabilitas perusahaan asuransi jiwa syariah periode 2014-2018. Skripsi tidak dipublikasikan. Surabaya: Universitas Airlangga. Satria, S. (1994). Pengukuran kinerja keuangan perusahaan asuransi kerugian di Indonesia dengan analisis rasio keuangan early warning system. Jakarta : Lembaga penerbit FE-UI. Silalahi, D., Sitepu, R., & Tarigan, G. (2014). Analisis ketahanan pangan dengan model regresi data panel. Saintia Matematika, 2(3), 237-251. Utami, I. G. A. M. P., & Werastuti, D. N. S. (2020). Pengaruh mekanisme corporate governance, early warning system, risk based capital dan hasil investasi terhadap kinerja keuangan. Jurnal Ilmiah Mahasiswa Akuntansi Undiksha, 11(2). 54-64. https://doi.org/10.23887/jimat.v11i2.25922 Wibisono. (2005). Metode statistika. Yogyakarta: Gajah Mada University Press. Widarjono, A. (2013). Ekonometrika: Pengantar dan aplikasinya. Jakarta: Eknosia. Widyarochma, F. (2018). Pengaruh likuiditas pertumbuhan premi dan hasil investasi terhadap profitabilitas perusahaan asuransi syariah di Indonesia Periode 2012-2016. Skripsi tidak dipublikasikan. Surabaya: Universitas Airlangga. Yuliana, Y. (2008). Kinerja keuangan PT. Panin Insurance Tbk. dengan metode MDA. Ilmiah Manajemen Bisnis, 8(1), 75-88. Yuniarti, T. (2020). Pengaruh underwriting dan dana tabarru terhadap laba perusahaan asuransi syariah di Indonesia. Skripsi tidak dipublikasikan. Lampung: Universitas Islam Negeri Raden Intan Lampung.

Determinants of Murabahah Margin Rate in the Islamic Commercial Bank in Indonesia Adelia Dwi Febrianti; Lina Nugraha Rani
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp681-693

ABSTRAK Penelitian ini bertujuan untuk mengetahui hubungan antara variabel volume pembiayaan, ROA, DPK, NPF, biaya overhead, inflasi, dan BI7DRR dengan tingkat margin murabahah pada bank umum syariah di Indonesia. Pendekatan yang digunakan pada penelitian ini adalah pendekatan kuantitatif dengan metode analisis meta. Penelitian ini menggunakan sembilan belas artikel sampel yang bersumber pada Google Scholar dan Sinta Journal dengan renang waktu selama 6 tahun (2016–2021). Temuan pada penelitian menunjukkan bahwa volume pembiayaan, ROA, DPK, NPF, dan inflasi memiliki pengaruh yang signifikan terhadap tingkat margin murabahah, sedangkan biaya overhead dan BI7DRR tidak berpengaruh signifikan terhadap tingkat margin murabahah. Penelitian ini memberikan implikasi bahwa Bank Syariah harus memperhatikan volume pembiayaan, ROA, DPK, NPF, dan inflasi dalam menentukan tingkat margin dalam pembiayaan murabahah sehingga profitabilitas pada Bank Syariah lebih baik lagi. Kata Kunci: Tingkat Margin Murabahah, Bank Umum Syariah, Analisis Meta, Indonesia. ABSTRACT This study aims to determine the relationship between the variables of financing volume, ROA, TPF, NPF, overhead costs, inflation, and BI7DRR with the level of murabahah margins in Islamic commercial banks in Indonesia. The approach used in this study is a quantitative approach with a meta-analysis method. This study uses nineteen sample articles sourced from Google Scholar and Sinta Journal with time swimming for 6 years (2016 – 2021). The findings in this study indicate that financing volume, ROA, TPF, NPF, and inflation have a significant effect on the level of murabahah margins, while overhead costs and BI7DRR have no significant effect on the level of murabahah margins. This study implies that Islamic banks must pay attention to the volume of financing, ROA, TPF, NPF, and inflation in determining the level of margin in murabahah financing so that the profitability of Islamic banks is even better. Keywords: Murabahah Margin Rate, Islamic Commercial Banks, Meta-Analysis, Indonesia. DAFTAR PUSTAKA Agustina, R. P., & Suprayogi, N. (2018). Faktor-faktor yang mempengaruhi profitabilitas perbankan syariah di Indonesia dan Malaysia (Meta-Analisis penelitian di Indonesia dan Malaysia 2010-2016). Jurnal Ekonomi Syariah Teori Dan Terapan, 5(7), 574–589. https://doi.org/10.20473/vol5iss20187pp576-591 Andriyana, E., & Kusumaningtias, R. (2019). Pengaruh cost of loanable fund, overhead cost dan risk factor terhadap margin murabahah pada bank umum syariah di Indonesia (Periode 20013 - 2017). Jurnal Akuntansi AKUNESA, 8(1). 1-9. Asri, A. R. (2020), Pengaruh financing to deposit ratio (FDR), return on asset (ROA), tingkat suku bunga bank indonesia (BI Rate) dan inflasi terhadap margin murabahah pada perbankan syariah di indonesia. Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya, 8(2). 1-19. Ayufianti, N., & Suprayogi, N. (2020). Meta-analisis: Variabel-variabel yang mempengaruhi tingkat bagi hasil deposito mudharabah (Studi pada bank umum syariah di Indonesia). Jurnal Ekonomi Syariah Teori dan Terapan, 7(4), 646-658. https://doi.org/10.20473/vol7iss20204pp646-658 Ekawati, K., & Shofawati, A. (2019). Faktor-faktor yang mempengaruhi tingkat margin murabahah pada industri perbankan syariah periode 2012-2017. Jurnal Ekonomi dan Bisnis Islam, 5(1), 50-67. https://doi.org/10.20473/jebis.v5i1.10901 Hamida, K. N. (2017). Analisis pengaruh BI rate dan inflasi terhadap pendapatan margin murabahah dengan non-performing financing sebagai variabel intervening (Studi kasus pada bank umum syariah tahun 2011-2015). Skripsi tidak dipublikasikan. Malang: Universitas Islam Negeri Maulana Malik Ibrahim Malang. Imamah, N. (2021). Pengaruh tingkat suku bunga bank Indonesia terhadap pendapatan margin murabahah pada bank umum syariah di Indonesia periode 2017-2018. Mabny: Journal of Sharia Management and Business, 1(1), 49-70. https://doi.org/10.19105/mabny.v1i01.4632 Lyons, L. C. (2003). Meta-analysis: Methods of accumulating results across research domains. 1–17. Retrieved from http://www.lyonsmorris.com/MetaA/macalc/MApaper.pdf Lubis, L. V. M., Harahap, Z., Riana, Z., Rahayu, S., Effendi, S., & Agustami, E. (2021). Pengaruh biaya operasional (BOPO), bagi hasil dana pihak ketiga (DPK), dan cash ratio terhadap margin murabahah pada bank umum syariah. JRAM: Jurnal Riset Akuntansi Multiparadigma, 8(1), 67-76. https://doi.org/10.30743/akutansi.v8i1.4067 Mauluddi, H. (2020). Pengaruh biaya operasional, dana pihak ketiga dan non-performing financing terhadap tingkat margin pembiayaan murabahah pada bank umum syariah di Indonesia. Jurnal Ekonomi Syariah, 5(2), 16-30. https://doi.org/10.37058/jes.v5i2.2190 Musaroh, M., Margasari, N., Laili, N. N., & Pratama, M. R. G. G. (2020). The determinants of murabaha margin income in Islamic banking companies in Indonesia, Diponegoro International Journal of Business, 3(2), 123-130. https://doi.org/10.14710/dijb.3.2.2020.123-130 Mustikawati, Y., & Fikri, A. M. (2020). Pengaruh dana pihak ketiga, biaya operasional, BI rate, dan inflasi pada pendapatan margin murabahah. JESKaPe: Jurnal Ekonomi Syariah, Akuntansi dan Perbankan, 5(1), 121-139. https://doi.org/10.52490/jeskape.v5i1.1189 Nisa, A., Irawati, D., & Prasaja, M. (2020). The effect of third-party fund and financing to deposit ratio on murabahah margin in Islamic banks period 2014-2018. 1st Annual Conference on Ihtifaz: Islamic Economics, Finance, and Banking, 1-13. Nisa, A. (2020). Analysis factors affect of murabahah margin in sharia commercial banks in Indonesia. Jurnal Iqtisaduna, 1(1), 53. https://doi.org/10.24252/iqtisaduna.v1i1.15850 Purwanto, P., & Ratna, S. (2018). Analysis of determinant factors toward margin murabahah of Indonesia Islamic banks. Journal of Business Studies and Mangement Review, 1(2), 45-51. https://doi.org/10.22437/jbsmr.v1i2.5349 Ramadhani, E., & Wardana G. K. (2021). Pengaruh inflasi, BI 7-day repo rate dan nilai tukar terhadap margin murabahah perbankan syariah. Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah, 6(3), 676-690. http://dx.doi.org/10.30651/jms.v6i3.9755 Rahma, Y. (2016). Faktor-faktor yang mempengaruhi margin murabahah bank syariah di Indonesia. Akuntabilitas: Jurnal Ilmu Akuntansi, 9(1), 43-54. https://doi.org/10.15408/akt.v9i1.3584 Rosa, S. S., & Kusumawaty, M. (2021). Pengaruh pembiayaan murabahah dan suku bunga BI terhadap pendapatan margin murabahah perbankan syariah (Studi pada BUS di Indonesia). Jurnal Akuntanika, 5(1), 94-103. Schmidt, F. L., & Hunter, J. E. (1999). Theory testing and measurement error. Intelligence, 27(3), 183–198. https://doi.org/10.1016/S0160-2896(99)00024-0 Sumarna, C. (2018). Analisis pengaruh BI rate, nilai tukar, inflasi dan capital adequacy ratio (CAR) terhadap tingkat margin pembiayaan murabahah di bank umum syariah. Skripsi tidak dipublikasikan. Jakarta: Universitas Islam Negeri Syarif Hidayatullah. Siddiqui, S. S. (2015). The association between corporate governance and firm performance - A meta-analysis. International Journal of Accounting and Information Management, 23(3), 218–237. https://doi.org/10.1108/IJAIM-04- 2014-0023 Singh, H. P., Kumar, S., & Colombage, S. (2017). Working capital management and firm profitability: A meta-analysis. Qualitative Research in Financial Markets, 9(1), 34-47. https://doi.org/10.1108/QRFM-06-2016-0018 Wahyuni, A., Mulyany, R., & Zuhri, Z. (2021). What determines murabahah margin income? Evidence from Islamic commercial banks in Indonesia. Advances in Business Research International Journal, 7(1), 22-32. https://doi.org/10.24191/abrij.v7i1.11996 Yulianto, A., Nurdin, A. A., & Mayasari, I. (2021). Faktor yang memengaruhi pendapatan margin murabahah pada bank umum syariah dan unit usaha syariah. Journal of Applied Islamic Economics and Finance, 1(2), 398-411. https://doi.org/10.35313/jaief.v1i2.2473 Zulpahmi, Z., & Rizqiana, E. (2018). Pengaruh biaya operasional, dana pihak ketiga (DPK), dan non peforming financing (NPF) terhadap margin murabahah pada bank umum syariah di Indonesia. Jurnal Ekonomi & Keuangan Islam, 4(2), 81-86. https://doi.org/10.20885/jeki.vol4.iss2.art4

Analysis of the Impact of Halal Awareness and Halal Labels to the Purchase Intention of Korean Instant Noodles on Adolescents in Sumenep through Attitude Rahmat Robbi Rektiansyah; Ilmiawan Auwalin
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp600-616

ABSTRAK Tujuan dilangsungkannya sebuah penelitian ini ialah untuk mengkaji pengaruh kesadaran halal dan label halal terhadap niat beli mie instan Korea pada remaja di Sumenep melalui sikap. Metode penelitian yang digunakan yaitu kuantitatif dengan menggunakan data primer. Sampel yang digunakan yaitu 100 responden yang belum pernah membeli mie instan Korea. Pengujian menggunakan analisis SEM-PLS dengan konstruk yang menunjukkan semua konstruk mempunyai hasil yang valid, sehingga dilanjutkan pengujian pada hubungan antar variabelnya. Secara langsung kesadaran halal berpengaruh signifikan terhadap sikap, namun kesadaran halal tidak berpengaruh signifikan terhadap niat beli. Label halal berpengaruh secara signifikan t atas niat beli, namun label halal tidak berpengaruh signifikan terhadap sikap, dan sikap berpengaruh secara signifikan atas niat beli. Secara tidak langsung, kesadaran halal berpengaruh signifikan terhadap niat beli jika melalui sikap, sedangkan label halal tidak berpengaruh signifikan terhadap niat beli jika melalui sikap. Penelitian ini hanya berfokus terhadap remaja generasi Z usia 13-23 tahun di Sumenep yang belum pernah membeli mie instan Korea. Adapun saran pada penelitian ini adalah remaja generasi Z di Sumenep diharapkan lebih memperhatikan dan peduli terhadap kehalalan suatu produk yang dikonsumsi, dan bagi peneliti selanjutnya diharapkan meneliti hal serupa dengan mengganti objek dan tempat penelitian. Kata Kunci: Kesadaran Halal, Label Halal, Niat Beli, Sikap. ABSTRACT The purpose of this research is to examine the effect of halal awareness and halal label on the intention to buy Korean instant noodles in adolescents in Sumenep through attitudes. The research method used is quantitative using primary data. The sample used is 100 respondents who have never bought Korean instant noodles. The test uses SEM-PLS analysis with constructs that show all constructs have valid results, so that testing continues on the relationship between the variables. Halal awareness directly has a significant effect on attitudes, but halal awareness has no significant effect on purchase intention. Halal labels have a significant effect on purchase intention, but halal labels have no significant effect on attitudes, and attitudes have a significant effect on purchase intentions. Indirectly, halal awareness has a significant effect on purchase intention if it is through attitude, while the halal label has no significant effect on purchase intention if it is through attitude. This study only focuses on Generation Z teenagers aged 13-23 years in Sumenep who have never bought Korean instant noodles. The suggestion in this study is that Generation Z teenagers in Sumenep are expected to pay more attention and care about the halalness of a product that is consumed, and for future researchers it is expected to examine similar things by changing the object and place of research. Keywords: Halal Awareness, Halal Labels, Purchase Intention. Attitudes. DAFTAR PUSTAKA Abd Rahman, A., Asrarhaghighi, E., & Ab Rahman, S. (2015). Consumers and halal cosmetic products: Knowledge, religiosity, attitude and intention. Journal of Islamic Marketing, 6(1), 148–163. https://doi.org/10.1108/JIMA-09-2013-0068 Adisumarto, H. (2000). Hukum perusahaan mengenai hak atas kepemilikan intelektual (Hak cipta, hak paten, hak merek). Bandung: Mandar Magu. Adiwarman, K. (2010). Ekonomi mikro Islam. Jakarta: PT. RajaGrafindo Persada. Ahaari, J. A. N., & Arifin, N. S. M. (2010). Dimension halal purchase intention: A preliminary study. International Review of Business Research Papers, 6 (4), 444–456. Aliman, N.K. dan Othman, M. N. (2007). Purchasing local and foreign brands: What product attributes matter? 13th astutiAsia Pacific Management Conference, Melbourne, Australia, 400–411. Ambali, A. R., & Bakar, A. N. (2014). People’s awareness on halal foods and products: Potential issues for policy-makers. Procedia - Social and Behavioral Sciences, 121(September 2012), 3–25. https://doi.org/10.1016/j.sbspro.2014.01.1104 Astuti, Y., & Asih, D. (2021). Country of origin, religiosity and halal awareness: A case study of purchase intention of Korean food. Journal of Asian Finance, Economics and Business, 8(4), 0413–0421. https://doi.org/10.13106/jafeb.2021.vol8.no4.0413 Awan, H. M., Siddiquei, A. N., & Haider, Z. (2015). Factors affecting Halal purchase intention – evidence from Pakistan’s halal food sector. Management Research Review, 38(6), 640–660. https://doi.org/10.1108/mrr-01-2014-0022 Azam, A. (2016). An empirical study on non-Muslim’s packaged halal food manufacturers . Journal of Islamic Marketing, 7(4), 441–460. https://doi.org/10.1108/jima-12-2014-0084 Aziz, Y. A., & Chok, N. V. (2013). The role of halal awareness, halal certification, and marketing components in determining halal purchase intention among non-Muslims in Malaysia: A Structural equation modeling approach. Journal of International Food and Agribusiness Marketing, 25(1), 1–23. https://doi.org/10.1080/08974438.2013.723997 Aziz, Y. A., Vui, C. N., Yuhanis, A. A., & Chok, N. V. (2012). The role of halal awareness and halal certification in influencing non-Muslims’ purchase intention. In Proceedings of the 3rd International Conference on Business and Economic Research (3rd ICBER 2012), March, 1819–1830. BPS. (2021). Hasil sensus penduduk 2020 jumlah penduduk Kabupaten Sumenep (Issue 01). Briliana, V., & Mursito, N. (2017). Exploring antecedents and consequences of Indonesian Muslim youths’ attitude towards halal cosmetic products: A case study in Jakarta. Asia Pacific Management Review, 22(4), 176–184. https://doi.org/10.1016/j.apmrv.2017.07.012 Garg, P., & Joshi, R. (2018). Purchase intention of “Halal” brands in India: the mediating effect of attitude. Journal of Islamic Marketing, 9(3), 683–694. https://doi.org/10.1108/JIMA-11-2017-0125 Hair, J., Black, W., Babin, B., & Anderson, R. (2010). Multivariate data analysis: A global perspective. Pearson Education Hasan, H. (2016). A study on awareness and perception towards halal foods among Muslim students in Kota Kinabalu, Sabah. Australia-Middle East Conference on Business and Social Sciences, 803–804. Hendradewi, S., Mustika, A., & Darsiah, A. (2021). Pengaruh kesadaran halal dan label halal terhadap minat beli mie instan Korea pada remaja sekolah di Jakarta. Jurnal Ilmiah Pariwisata, 26(2), 204–212. https://doi.org/10.30647/jip.v26i2.1510 Izzuddin, A. (2018). Pengaruh label halal, kesadaran halal, dan bahan makanan terhadap minat beli makanan kuliner. 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Analysis of Factors Affecting Zakat Collection: Evidence from Four ASEAN Countries Febrian Tito Zakaria Muchtar; Tika Widiastuti
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp658-671

ABSTRAK Artikel ini bertujuan untuk menyelidiki secara empiris pengaruh dari variabel makroekonomi, Indeks Pembangunan Manusia (IPM), dan jumlah penduduk terhadap penghimpunan zakat di ASEAN periode 2010-2020. Faktor makroekonomi yang digunakan dalam penelitian ini meliputi Inflasi dan Produk Domestik Bruto (PDB). Pendekatan yang digunakan dalam penelitian ini adalah kuantitatif dengan menggunakan regresi data panel untuk mengestimasi model empiris dengan melibatkan empat negara di ASEAN diantaranya Indonesia, Malaysia, Singapura, dan Brunei Darussalam. Dalam artikel ini juga menemukan bahwa model terbaik yang digunakan yakni Fixed Effect Model. Hasil penelitian artikel ini menunjukkan bahwa variabel IPM dan jumlah penduduk memiliki pengaruh positif dan signifikan terhadap penghimpunan zakat pada empat negara di ASEAN. Sementara untuk variabel makroekonomi yang diproksikan dengan inflasi dan PDB menunjukkan hasil bahwa tingkat inflasi tidak memiliki pengaruh signifikan, sedangkan PDB memiliki pengaruh negatif dan secara statistik signifikan terhadap penghimpunan zakat. Adapun rekomendasi yang diungkapkan dalam artikel ini yang ditujukan untuk lembaga pengelola zakat masing-masing negara adalah dengan menciptakan sebuah program kerja zakat yang dapat memaksimalkan potensi zakat masing-masing negara, namun harus disertai dengan adanya dukungan dari pemerintah melalui kebijakan yang dikeluarkan sehingga dapat memaksimalkan penghimpunan zakat di empat negara tersebut. Kata kunci: Penghimpunan Zakat, Makroekonomi, Indek Pembangunan Manusia, Jumlah Penduduk. ABSTRACT This article aims to empirically investigate the effect of macroeconomic variables, the Human Development Index (HDI), and population on zakat collection in ASEAN for the 2010-2020 period. Macroeconomic factors used in this study include Inflation and Gross Domestic Product (GDP). The approach used in this study is quantitative using panel data regression to estimate the empirical model involving four countries in ASEAN including Indonesia, Malaysia, Singapore, and Brunei Darussalam. This article also finds that the best model used is the Fixed Effect Model. The results of this article show that the HDI variable and population have a positive and significant influence on zakat collection in four ASEAN countries. Meanwhile, the macroeconomic variables proxied by inflation and GDP show that the inflation rate does not have a significant effect, while GDP has a negative and statistically significant effect on zakat collection. The recommendations expressed in this article aimed at zakat management institutions in each country are to create a zakat work program that can maximize the zakat potential of each country, but must be accompanied by support from the government through policies issued so as to maximize the collection of zakat. zakat in these four countries. Keywords: Collection of Zakat, Macroeconomics, Human Development Index, Population. DAFTAR PUSTAKA Afifah, N. (2017). Pengaruh produk domestik bruto (PDB) dan indeks pembangunan manusia (IPM) terhadap jumlah penghimpunan dana zakat, infaq dan shadaqah (ZIS) di Indonesia tahun 2010 - 2015. Skripsi tidak dipublikasikan. Tulungagung: UIN SATU. Ahmad, Z. M. (2011). Pengaruh indikator makroekonomi terhadap besarnya jumlah zakat yang terkumpul di lembaga amil zakat dompet dhuafa republika tahun 1993 – 2009. Skripsi tidak dipublikasikan. Depok: Universitas Indonesia. Ahmaddien, I., & Susanto, B. (2020). Eviews 9: Analisis regresi data panel. 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International Journal of Zakat, 2(1), 61–69. https://doi.org/10.37706/ijaz.v2i1.15 Fahmi, Z., & Muhammad Nur, M. (2018). Pengaruh pengetahuan, pendapatan, dan kepercayaan, terhadap minat muzakki dalam membayar zakat di baitul mal kota Lhokseumawe. Jurnal Ekonomi Regional Unimal, 1(3), 89. https://doi.org/10.29103/jeru.v1i3.592 Febrianti. (2011). Praktek pengelolaan zakat di negara Muslim (Studi Kasus Pada Negara Brunei Darussalam). Skripsi tidak dipublikasikan. Jakarta: UIN Syarif Hidayatullah Global Religious Futures. (2021). The future of the global Muslim population. Retrieved from http://www.globalreligiousfutures.org/religions/muslims Harjanto, I. (2011). Teori pembangunan. Malang: UB Press. Hidayatie, H. (2018). Analisis pengelolaan zakat di Indonesia dan Malaysia. Skripsi tidak dipublikasikan: Banjarmasin: Politeknik Negeri Banjarmasin. Hutabarat, A. R. (2005). Determinan Inflasi Indonesia. Occasional Paper no. 6/2, Biro Riset Ekonomi, Direktorat Riset Ekonomi dan Kebijakan Moneter Bank Indonesia. Islamiyati, D., & Hany, I. H. (2019). Pengaruh inflasi, indeks produksi industri, dan kurs terhadap penghimpunan zakat, infaq, dan sedekah. Telaah Bisnis, 20(2), 25–36. http://dx.doi.org/10.35917/tb.v20i2.167 Junaidi, & Hardiani. (2009). Dasar-dasar teori ekonomi kependudukan. Jakarta: Hamada Prima. Kahf, M. (1999). Principle of socioeconomics justice in the contemporary fiqh of zakah. Retrieved from http://monzer.kahf.com/papers/english/socioeconomic_justice.pdf Kusmono, H. (2011). Analisis determinan penerimaan pajak di Indonesia. Skripsi tidak dipublikasikan. Medan: Universitas Sumatera Utara. Kusumawardhani, N. M. S., Srinadi, I. G. A. M., & Susilawati, M. (2012). Faktor-faktor yang memengaruhi PDB Indonesia dengan persamaan simultan 2SLS. E-Jurnal Matematika, 1(1), 99–102. https://doi.org/10.24843/MTK.2012.v01.i01.p018 Mankiw, N. G. (2007). Principles of economics. Singapore: Cengage Learning. McEachern, W. A. (2000). Ekonomi makro: Pendekatan kontemporer. Jakarta: Salemba Empat. Mu’is, F. (2011). Zakat A-Z; Panduan mudah, lengkap dan praktis tentang zakat. Solo: Tinta Medina. Nasim Shah, S., & Amin, B. (2009). Providing for the resource shortfall for poverty elimination through potential zakat collection in OIC-member countries: Reappraised. Jounal of Islamic Economic Banking and Finance. Nasrulloh, A. (2012). Peran zakat dalam meningkatkan kesejahteraan masyarakat di provinsi daerah istimewa Yogyakarta. Skripsi tidak dipublikasikan. Yogyakarta: Universitas Islam Indonesia. Nasution, L. (2005). Fiqih 1. Tangerang Selatan: Logos. Niswah, I. D. (2021). The comparison of zakat utilization in Muslim minority and majority country. Islamic Social Finance, 1(1), 1-6. Niswah, I. D., Marlina, L., & Rahayu, S. S. (2020). A review of zakat studies in ASEAN. Jurnal Ekonomi Islam Indonesia, 2(April), 1–13. Omar, N. (2020). The growth trend of zakat collection based on gold price, nisab and macroeconomic variables. E-Proceeding: Seminar Antarabangsa Islam Dan Sains (SAIS 2020). Universiti Sains Islam Malaysia Pratiwi, I. (2019). Analisis pengaruh inflasi, nilai tukar rupiah dan jumlah penduduk terhadap penghimpunan dana zakat infaq dan shadaqah (ZIS) di Indonesia tahun 2003-2015. Skripsi tidak dipublikasikan. Surakarta: Universitas Muhammadiyah Surakarta. Puskas BAZNAS. (2021). Outlook zakat 2021. Retrieved from https://puskasbaznas.com/publications/books/1418-outlook-zakat-indonesia-2021 Rahayu, A., Harto, P. P., & Syamsul Bahri, E. (2021). The impact of macroeconomic indicators on zakah receipt during the covid-19 pandemic era. Jurnal Ekonomi Syariah, 6(2), 60–74. https://doi.org/10.22219/jes.v6i1.16394 Ratu, M. K., & Meiriasari, V. (2021). Analisis perbandingan audit syariah pada lembaga keuangan islam di Asia Tenggara (Studi literatur di Indonesia, Malaysia, Dan Brunei). 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Capital Buffers Determination of Islamic Banks in Indonesia Aneu Cakhyaneu; Rina Apriyani
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp760-771

ABSTRAK Penerapan kebijakan Capital Buffer sangat diperlukan untuk meningkatkan kualitas permodalan bank Syariah. Di satu sisi bank menghadapi dilema untuk tetap mempertahankan keamanan modalnya, atau memilih untuk meningkatkan keuntungan usahanya. Adapun tujuan penelitian ini adalah untuk mengetahui Capital Buffer Bank Umum Syariah di Indonesia serta faktor-faktor yang mempengaruhinya dengan menggunakan metode kausalitas melalui pendekatan kuantitatif. Bank Umum Syariah (BUS) sebanyak 14 BUS menjadi populasi, sedangkan untuk sampel diambil sebanyak 12 BUS selama lima tahun dengan tekhnik purposive sampling. Adapun teknik analisis data yang digunakan adalah analisis regresi data panel dengan aplikasi Eviews9. Capital Buffer menjadi variable dependen sedangkan variabel independennya adalah tingkat risiko pembiayaan bermasalah (NPF), tingkat profitabilitas (ROE), ukuran bank (Size) dan tingkat likuiditas (FDR). Hasil penelitian menunjukkan secara parsial tingkat risiko pembiayaan (NPF) tidak berpengaruh terhadap Capital Buffer, tingkat profitabilitas tidak berpengaruh terhadap Capital Buffer, ukuran bank (Size) berpengaruh signifikan negatif terhadap Capital Buffer dan tingkat likuiditas berpengaruh signifikan negatif terhadap Capital Buffer. Implikasi dari penelitian ini yaitu besar atau kecilnya NPF serta tingkat profitabilitas yang dimiliki bank tidak akan terlalu berpengaruh terhadap ketersediaan Capital Buffer, namun semakin besar ukuran bank (aset) dan tingkat likuiditas yang dimiliki bank akan menjadikan Capital Buffer suatu bank dalam keadaan stabil sehingga dalam hal ini bank harus senantiasa meningkatkan kualitas asset dan cadangan likuiditasnya. Kata Kunci: Capital Buffer, NPF, ROE, Bank Size, FDR. ABSTRACT The implementation of the Capital Buffer policy is very much needed to improve the quality of Islamic bank capital. On the one hand, the bank faces a dilemma to maintain the safety of its capital, or choose to increase its business profits. The purpose of this study is to determine the Capital Buffer of Islamic Commercial Banks in Indonesia and the factors that influence it by using the causality method through a quantitative approach. As many as 14 Sharia Commercial Banks (BUS) became the population, while the sample was taken by 12 BUS for five years using purposive sampling technique. The data analysis technique used is panel data regression analysis using the Eviews9 application. Capital Buffer is the dependent variable, while the independent variables are the level of non-performing financing risk (NPF), profitability (ROE), bank size (Size) and liquidity level (FDR). The results showed that partially the level of financing risk (NPF) had no effect on the Capital Buffer, the level of profitability had no effect on the Capital Buffer, the size of the bank (Size) had a significant negative effect on the Capital Buffer and the level of liquidity had a significantly negative effect on the Capital Buffer. The implication of this research is that the size of the NPF and the level of profitability owned by the bank will not greatly affect the availability of Capital Buffers, but the larger the size of the bank (assets) and the level of liquidity owned by the bank will make the Capital Buffer of a bank in a stable condition so that in terms of Banks must always improve the quality of their assets and liquidity reserves. Keywords: Capital Buffer, NPF, ROE, Bank Size, FDR. DAFTAR PUSTAKA Agustuty, L., & Ruslan, A. (2019). Determinan capital buffer pada industri perbankan. Movere Journal, 1(2), 164-174. Andhika, Y. D., & Suprayogi, N. (2017). 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The Relationship of Audit Quality, Audit Committee, and Sharia Supervisory Board on the Performance of Sharia Commercial Banks in Indonesia Jihan Irbah Nadiah; Dian Filianti
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp731-746

ABSTRAK Penelitian ini ditujukan untuk mengetahui hubungan kualitas audit, komite audit, dan Dewan Pengawas Syariah (DPS) terhadap kinerja Bank Umum Syariah di Indonesia pada tahun 2015-2020 yang diproksikan dengan ROA, baik secara parsial dan simultan. Melalui pendekatan kuantitatif dengan teknik analisis regresi data panel, hasil penelitian ini menunjukkan bahwa secara parsial, kualitas audit yang dihasilkan KAP Big 4 berpengaruh positif signifikan terhadap kinerja bank umum syariah. Pada variabel komite audit, ukuran komite audit tidak mempengaruhi kinerja bank umum syariah, sedangkan kompetensi dan frekuensi komite audit berpengaruh negatif signifikan terhadap kinerja bank umum syariah. Pada variabel DPS, ukuran dan frekuensi rapat DPS berpengaruh negatif signfikan terhadap kinerja bank umum syariah, sedangkan kompetensi DPS berpengaruh positif signifikan terhadap kinerja bank umum syariah. Secara simultan, kualitas audit, komite audit, serta DPS berpengaruh positif signifikan terhadap kinerja bank umum syariah. Penelitian ini diharapkan dapat bermanfaat bagi manajemen perusahaan, sebagai bahan pertimbangan untuk meningkatkan efektivitas peran pengawasan dalam penerapan tata kelola perusahaan agar dapat mewujudkan kinerja perusahaan menjadi lebih baik. Kata Kunci: Kualitas audit, Komite audit, Dewan Pengawas Syariah, Kinerja Bank. ABSTRACT This study aims is to find out the relationship between audit quality, audit committee, and Sharia Supervisory Board (SSB) on the performance of Islamic Commercial Banks in Indonesia in 2015-2020 as proxied by ROA, both partially and simultaneously. Through a quantitative approach with panel data regression analysis techniques, the results of the study show that partially, the audit quality produced by KAP Big 4 has a significant positive effect on the performance of Islamic commercial banks. In the audit committee variable, the size of the audit committee does not affect the performance of Islamic commercial banks, while the competence and frequency of the audit committee have a significant negative effect on the performance of Islamic commercial banks. In the DPS variable, the size and frequency of DPS meetings have a significant negative effect on the performance of Islamic commercial banks, while DPS competence has a significant positive effect on the performance of Islamic commercial banks. Simultaneously, audit quality, audit committee, and DPS have a significant positive effect on the performance of Islamic commercial banks. This research is expected to be useful for company management, as a consideration for increasing the effectiveness of the supervisory role in the implementation of corporate governance in order to realize better company performance. Keywords: Audit Quality, Audit committee, Shariah Supervisory Board, Banks performance. 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The Impact of Spin-off and Bank Consolidation on Market Share and Sharia Bank’s Performance in Indonesia Anggi Yulyanti; Endang Hatma Juniwati
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 9 No. 5 (2022): September-2022
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol9iss20225pp643-657

ABSTRAK Dalam penelitian ini, diduga dua kebijakan spin-off dan konsolidasi yang dicanangkan oleh Otoritas Jasa Keuangan (Mikroprudensial) memiliki peran besar dalam mempengaruhi perkembangan industri perbankan syariah di Indonesia. Kehadiran kedua kebijakan, menghasilkan opsi bagi perbankan syariah dalam menentukan strategi corporate action untuk mengembangkan skala bisnisnya. Oleh karena itu, perlu adanya analisis dampak penerapan kebijakan oleh UUS maupun BUS terdahulu agar menjadi acuan dalam menentuan strategi yang tepat. Selain itu, penelitian ini bermaksud untuk melakukan evaluasi atas penerapan kebijakan oleh pemangku kepentingan. Dalam penelitian ini, kedua kebijakan dijadikan variabel dummy kemudian dilihat pengaruh atau dampaknya secara parsial dengan metode difference-in-differences terhadap variabel DPK dan PYD (Pangsa Pasar), ROA (Rasio Profitaliblitas), NPF (Pembiayaan Bermasalah), BOPO (Fungsi Efisiensi), dan FDR (Fungsi Intermediasi) yang dikelompokan berdasarkan kasus masing-masing bank sesuai karakteristik dan periode yang berbeda. Secara umum regresi kedua kebijakan menunjukan hasil dan dampak yang berbeda-beda berdasarkan kelompok observasinya. Spin-off dan konsolidasi secara umum dapat menaikan pangsa pasar bank perlakuan meskipun masih terdapat kasus penurunan pangsa pasar pasca spin-off. Penerapan spin-off berpengaruh negatif terhadap NPF BJB Syariah namun berdampak positif pada NPF BNI Syariah, sedangkan BSI yang menerapkan konsolidasi tidak mempengaruhi NPF nya. Spin-off dan konsolidasi tidak mempengaruhi profitabilitas bank perlakuan namun spin-off bagi BTPN Syariah berdampak positif pada rasio profitabilitasnya. Konsolidasi, sebagai bentuk pelengkap dari kebijakan spin-off, belum mampu menunjukan dampak terhadap efisiensi bank perlakuan. Hal ini, bisa terjadi karena kasus konsolidasi melalui merger baru dilakukan tahun lalu dimana perubahan jangka panjangnya belum bisa terlihat. Berbeda dengan spin-off yang dilakukan BTPN Syariah dan BNI Syariah menunjukan dampak positif terhadap efisiensinya. Dari sisi fungsi intermediasi perbankan, konsolidasi yang diterapkan BSI berdampak positif yang menunjukan kemampuan likuiditasnya semakin baik. Sedangkan spin-off secara umum belum mampu menunjukan dampaknya terhadap fungsi intermediasi bank perlakuan, namun bagi bank BTPN Syariah spin-off yang diterapkannya berdampak positif dan menunjukan kemampuan likuiditasnya semakin baik. Kata Kunci: Spin-off, Konsolidasi, Pangsa Pasar, dan Kinerja Bank Syariah. ABSTRACT According to this study, the Financial Services Authority's (Microprudential) two spin-off and consolidation policies may have had a significant impact on the growth of Indonesia's Islamic banking sector. The existence of these two policies gives Islamic banking options when choosing corporate action plans to expand the scope of its operations. As a result, it's important to assess the effects of the policies that the previous UUS and BUS implemented so that it may be used as a guide when choosing the best action to take. Furthermore, the purpose of this research is to assess how stakeholders execute policies. The two policies are employed as dummy variables in this study, and the effect or influence is seen partially using the difference-in-differences approach on the variables of DPK and PYD (Market Share), ROA (Profitability Ratio), NPF (Problematic Financing), BOPO (Efficiency Function), and FDR (Intermediation Function), which are grouped based on the case of each bank according to distinct features and dates. In general, the results and implications of the two policies differ depending on the group of data. Spin-offs and consolidation in general can improve treatment banks' market share, while there have been cases of diminishing market share after the spin-off. The implementation of the spin-off has a negative impact on BJB Syariah's NPF but a positive one on BNI Syariah's NPF, whereas the BSI that executes consolidation has no effect on its NPF. The spin-off and consolidation had no effect on the treatment bank's profitability, however the spin-off for BTPN Syariah had a beneficial influence on its profitability ratio. Consolidation, as a complementary version of the spin-off policy, has had little effect on the efficiency of treatment banks. This is possible since a case of consolidation through a new merger was carried out last year, with no long-term impacts visible. It exhibits a favorable impact on efficiency in contrast to the spin-offs carried out by BTPN Syariah and BNI Syariah The consolidation that BSI undertook had a favorable effect on the banking intermediation function, showing that its liquidity capacity is expanding. While the spin-off has not been able to prove its impact on the treatment bank's intermediation function in general, it has had a favorable impact on BTPN Syariah bank and indicates that its liquidity capacity is expanding. 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Tafaqquh: Jurnal Hukum Ekonomi Syariah dan Ahwal Syahsiyah, 4(1), 78–110. Trinugroho, I., Santoso, W., Irawanto, R., & Pamungkas, P. (2020). Is spin-off policy an effective to improve performance of Islamic bank evidence from Indonesia. Research in International Business and Finance, 56(April 2022). Yaya, R., Martawireja, A. E., & Abdurahim, A. (2014). Akuntansi perbankan syariah: Teori dan praktik kontemporer. Jakarta: Salemba Empat.

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