Bukhori: Kajian Ekonomi dan Keuangan Islam

Islamic Service, Branding, And Advertising Influence 212 Mart Co-Op Consumer Loyalty

2024-01-11T13:26:40+07:00

Purpose: This thesis explores the impact of Islamic Service Quality, Islamic Branding, and Islamic Advertising on consumer loyalty within the 212 Mart Co-ops. Employing a quantitative approach, this study aimed to understand the dynamics of consumer loyalty in this context.

Methodology/approach: Quantitative data were gathered through questionnaires, and Multiple Linear Regression was utilized for analysis. This study adopted a quantitative methodology supported by the SPSS program for data management and analysis.

Results/findings: This study reveals the significant influences of Islamic Service Quality and Islamic Branding on consumer loyalty in the 212 Mart Co-ops. However, Islamic Advertising does not exhibit a notable impact on consumer loyalty. Interestingly, Islamic service quality and branding collectively exert a significant influence on consumer loyalty.

Limitations: Acknowledging its boundaries, the study was confined to quantitative data, potentially influenced by biases in questionnaire responses. Additionally, the exclusion of other variables that impact consumer loyalty is recognized as a limitation.

Contribution: This research makes a noteworthy contribution by emphasizing the considerable impact of Islamic Service Quality and Islamic Branding on consumer loyalty within the 212 March Co-op. This study provides valuable insights for marketers and policymakers, suggesting avenues to enhance these aspects for an overall improvement in consumer loyalty.aspects for an overall improvement in consumer loyalty.

Dispute Resolution of Problem Financing in Indonesian Islamic Banks by Basyarnas

2024-02-23T08:13:13+07:00

Purpose: This study discusses whether there is a dispute, and whether Indonesian positive law has usually provided a way for both parties to resolve it. The process that parties can undertake can be either extrajudicial proceedings or court proceedings (litigation).

Method: This research applies a literature review. We collected information on regulations, research, books, documents, records, websites, and various other literature related to BASYARNAS regarding dispute resolution in Islamic banking. The secondary data used in the analysis included data from Law No. 30/1999, Indonesian Banking Surveillance Report-Third Quarter 2023, and data from the National Sharia Arbitration Board of Indonesia.

Results: The results show that the role of BASYARNAS is not yet ideal because it must be preceded by written consent from the parties, and the overlapping jurisdiction between religious courts and district courts hinders the enforcement of arbitration awards.

Limitations: This research suggests the need for stricter regulations regarding the jurisdiction of Islamic bank financing disputes to avoid jurisdictional dualism. There is a need for a legal infrastructure that supports Sharia-based businesses by providing effective and culturally relevant out-of-court dispute resolution mechanisms with the principles and values of Sharia commerce.

Contribution: Arbitration is considered by entrepreneurs as the best way to resolve disputes out of court, as it suits the needs of businesses.

Islamic Cooperative Financial Reports based on Regulation of Minister of Cooperatives and SMEs Republic of Indonesia No.14/Per/M.UMKM/IX/2015: Case Study of ABC Academic Community Cooperative

2024-01-25T11:19:30+07:00

Purpose: The aim of this study is to analyze the preparation of KOSIKA ABC's financial reports based on the Ministry of Cooperatives and SMEs, Republic of Indonesia No.14/Per/M. UMKM/IX/2015.

Research Methodology: This paper adopts a case study method with standardization of the final reporting approach to evaluate how accounting is applied in preparing KOSIKA ABC financial reports at the end of the period.

Results: The results of the research show that the financial report presented by KOSIKA ABC, such as the financial position and calculation of overall business results, is acceptable, but the KOSIKA ABC financial report that has been presented is still not in accordance with the components of the financial report according to the said regulation. The conclusion of this research is that the suitability of the KOSIKA ABC financial report to the regulation if, in presentation form, the overall Financial Report is 28.57 %.

Limitations: This case study has several limitations, such as comparative work with other cooperative/s, analysis of several years of financial reports, evaluation of the details of each report, and interview sessions with cooperative operators outside KOSIKA ABC for triangulation purposes.

Contribution: This case study contributes to the awareness among Islamic cooperative practitioners that they must refer to appropriate reporting guidelines for accountability purposes. A similar case study has not touched on the academic community cooperative type, which is another contribution.

Risk Profile and Profitability on Mudharabah Financing at Bank Muamalat, Is There any Relation?

2024-01-18T09:08:02+07:00

Purpose: To find out whether there is an influence of the NPF and ROA variables on Mudharabah Financing at Bank Muamalat. If the NPF is greater, the Mudharabah Financing problems will increase and if the ROA is lower, the Mudharabah Financing will decrease further.

Methodology/approach: Type of research used in this research was quantitative research. Source of Data used in this research was secondary data that obtained from quarterly financial reports published by Bank Muamalat for 2015-2022. Data analysis technique used in this research was Multiple Linear Regression Analysis.

Results/findings: NPF partially has a significant negative effect on Mudharabah Financing with a sig value. Amounting to 0.024<0.05, the t-statistic value is -2.391. ROA partially has a significant positive effect on mudharabah financing with a sig value. Amounting to 0.002<0.05, and the t-statistic value is 3.355. NPF ROA together influences the dependent variable Mudharabah Financing with a sig value. 0.001<0.05.

Limitations: This research is limited to Internal Bank variables such as NPF and ROA, which influence Mudharabah Financing. Other Internal and External Bank variables influence Mudharabah Financing.

Contribution: Bank Muamalat Management must maintain the NPF ratio value of <2%, which has been determined by Bank Indonesia, so that the bank is in a healthy condition and can maintain the value of Mudharabah Financing. Bank Muamalat Management must raise more funds so that the bank has the opportunity to expand financing because ROA has a significant positive effect on Mudharabah Financing.