Perisai : Islamic Banking and Finance Journal <p><strong>PERISAI (Jurnal Perbankan Syariah dan Keuangan Islam)</strong> adalah jurnal peer-review dan akses terbuka nasional yang telah terakreditasi Sinta 3 dengan scope bidang Perbankan Syariah dan Keuangan Islam mencakup berbagai bentuk studi Islam antara lain: Ekonomi Islam, Perbankan Syariah, Keuangan Islam, Fintech Syariah, Manajerial Zakat, Infaq, Shadaqah dan Wakaf serta perkembangan bisnis Islam yang terkini. PERISAI diterbitkan oleh Universitas Muhammadiyah Sidoarjo dua kali setahun pada bulan April dan Oktober.</p> <p><strong>If you have trouble submitting the manuscripts. Feel free to contact</strong></p> <table class="data" style="height: 304px;" width="700" bgcolor="#ced6e0"> <tbody> <tr valign="top"> <td width="20%"><strong>Accredited</strong></td> <td width="80%"><strong><a title="accreditation certificate" href="" target="_blank" rel="noopener">"S4" by the Ministry of Research-Technology and Higher Education Republic of Indonesia</a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>Abbreviation</strong></td> <td width="80%"><strong>Perisai : Islamic Banking and Finance Journal</strong></td> </tr> <tr valign="top"> <td width="20%"><strong>DOI</strong></td> <td width="80%"><strong><a href="" target="_blank" rel="noopener">prefix 10.21070&nbsp;</a><a href="" target="_blank" rel="noopener">by&nbsp;</a><a href="" target="_blank" rel="noopener"><img src="" alt="Crossref logo" width="75" height="18"></a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>Citation Analysis</strong></td> <td width="80%"><strong><a title="Scopus" href="" target="_blank" rel="noopener">SCOPUS</a>&nbsp;| Web of Science |<a title="Google Scholar" href=";user=XWJzjpkAAAAJ&amp;view_op=list_works&amp;gmla=AJsN-F5bYW3IUo-6cAApuR_H6mX7gImmst84ENE48MGlw8r3Of9wIk3yxhfempLzrd1-BR_XHuNA_mDRoNpEfwJPqzpuMa_-Sg" target="_blank" rel="noopener">Google Scholar</a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>Index Services</strong></td> <td width="80%"><strong><a title="DOAJ" href="" target="_blank" rel="noopener">DOAJ</a>&nbsp;|&nbsp;<a title="Google Scholar" href=";user=XWJzjpkAAAAJ&amp;view_op=list_works&amp;gmla=AJsN-F5bYW3IUo-6cAApuR_H6mX7gImmst84ENE48MGlw8r3Of9wIk3yxhfempLzrd1-BR_XHuNA_mDRoNpEfwJPqzpuMa_-Sg" target="_blank" rel="noopener">Google Scholar</a>&nbsp;|&nbsp;<a title="Microsoft Academic Search" href="" target="_blank" rel="noopener">Microsoft Academic Search</a>&nbsp;|&nbsp;<a title="Complete List" href="" target="_blank" rel="noopener">Complete List</a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>ISSN (online)</strong></td> <td width="80%"><strong><a title="ISSN (online)" href="" target="_blank" rel="noopener">2503-3077</a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>Publisher</strong></td> <td width="80%"><strong><a title="Publisher" href="" target="_blank" rel="noopener">Universitas Muhammadiyah Sidoarjo</a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>Editor in Chief</strong></td> <td width="80%"><strong><a title="Editor in Chief" href=";view=overview" target="_blank" rel="noopener">Fitri Nur Latifah</a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>Managing Editor</strong></td> <td width="80%"><strong><a title="Managing Editor" href=";view=overview" target="_blank" rel="noopener">M. Ruslianor Maika</a></strong></td> </tr> <tr valign="top"> <td width="20%"><strong>Frequency</strong></td> <td width="80%"><strong>2 (two) issues per year (April and Oktober)</strong></td> </tr> </tbody> </table> en-US (Fitri Nur Latifah) (Siti Dwi Suryani) Wed, 10 May 2023 00:00:00 +0000 OJS 60 Analysis of The Factors That Influence The Perceptions of Culinary Business Owners Regarding Intention to Register For Halal Certificates <p>Indonesia Law No. 33 of 2014 concerning Halal Assurance requires that by 2019 halal certification should be effectively implemented for food and beverage products, as well as service products related to both. Out of the 1.6 million micro, small, and medium enterprises (MSMEs), only 10 percent have been halal certified. This study aims to analyze the factors that influence the perceptions of culinary business owners regarding intention to register for halal certificates. Theory of Planned Behavior will be modified and implemented in preparing the frameworks of the dependent-independent variables. Using partial least square method, 200 sample of culinary producers -owners and managers- in Bogor were studied. Intention of producers is found to be significantly influenced by trust. Trust is also found to be sensitive to functional factor and subjective norm. Trust is also found to be determining attitude, together with functional factor and perceived behavioral norms. Trust is also significant in mediating the effect of perceived behavioral norms to intention, and also in mediating the effect of subjective norm to intention.The population of this study is the MSMEs culinary producers in Great Bogor Area, West Java, Indonesia. Only the respective owners and managers of the responding businesses were the main respondent. Similar research should be done for other types of halal product in order to generalize the results.This research modify TPB in setting the framework of determinants for halal certification intention. Variables added to the original TPB framework are trust and functional factor.This result concludes that trust is crucial in the effort to increase the number of halal certified products in Bogor. The halal certification authorities would have basis to review their policies, procedures, and technical guidelines for halal certification process. This study could be extended in terms of object and other potential determinant variables. Literatures related to halal certification has limited exposure to producers’ motivation for halal certification</p> Khaerud Dawam, Andi Iswandi Copyright (c) 2023 Khaerud Dawam, Andi Iswandi Tue, 09 May 2023 00:00:00 +0000 The Effect of Job Satisfaction and Work Discipline on Employee Performance at BPRS Bhakti Sumekar Sumenep <p>The bank itself is a financial institution that plays an important role in the economy of a country. The more developed the banking industry, the better the country's economic growth. Bank as a financial institution whose function is to collect and distribute funds to the public in order to increase equity, economic growth and stability. Thus, banks are able to collect and distribute public funds effectively and efficiently towards improving people's living standards. The main objectives of the researchers are (1) to find out whether there is a significant influence on job satisfaction on employee work, (2) to find out whether there is a significant influence on work discipline on employee work, and (3) to find out whether there is a significant effect simultaneously between the two variables namely job satisfaction and work discipline on the work performance of BPRS Bhakti Sumekar Sumenep employees. This research method was conducted using a quantitative approach. The population in this study were all employees of BPRS Bhakti Sumekar Sumenep, totaling 51 employees. In this study the sample technique used was saturated sampling where all members of the population were selected as samples. Data collection in this study was a questionnaire or questionnaire, then testing in analyzing information through classical assumption tests, multiple linear regression tests, and hypothesis testing using SPSS 26 software. positive and significant to employee performance (Y) tcount of 2.974 &gt; ttable 2.00 with a significant value level of 0.238 less than 0.05. While Work Discipline (X2) by t test has a positive and significant effect on Employee Performance (Y) tcount of 4.156 &gt; ttable 2.00 with a significant value level of 0.000 less than 0.05. Simultaneously, having an Fcount value of 30,731 while Ftable is 2.79. Because Fcount &gt; Ftable (30,731 &gt; 2.79) and a significance of 0.000 &lt;0.05. And the magnitude of the job satisfaction variable (X1) and work discipline variable (X2) can be seen from the assessment of other variables outside the model. This value indicates that variations in employee work variables are influenced by job satisfaction (X1) and work discipline (X2).</p> Andik Bone Putri, Rifa'atul Maftuhah, Haqiqi Rafsanjani Copyright (c) 2023 Andik Bone Putri, Rifa'atul Maftuhah, Haqiqi Rafsanjani Tue, 09 May 2023 00:00:00 +0000 Quality of Corporate Social Responsibility (CSR) Services at Bank Syariah Indonesia (BSI) in 2021 in the Perspective of Islamic Social Reporting (ISR) Index and Maqashid Syariah Index (MSI) <p>The government issues regulations through Limited Liability Company Law No. 40 of 2007 articles 66 and 74, which states that companies are required to report on the implementation of social and environmental responsibility which is often referred to as Corporate Social Responsibility (CSR). In carrying out its social responsibility, Bank Syariah Indonesia (BSI) must ensure that its operational system meets the benchmarks in CSR. To measure it, it is necessary to have a measuring instrument, namely using the Islamic Social Reporting (ISR) Index and the Maqashid Syariah Index (MSI), to fulfill CSR services to the community. This study aims to analyze the quality of CSR services at BSI 2021 in the ISR Index and MSI Perspective. This research was conducted using a type of library research (Library Research) using a qualitative approach. The validity of the data using source triangulation and data analysis techniques using data reduction. The results of the study show that the quality of CSR services in the 2021 BSI report has carried out CSR in accordance with seven principles including: ethical principles of ethics, principles of caliph protection, principles of honesty and trustworthiness, principles of halalan tayyiban, principles of fairness, principles of authenticity and credibility, and principles of charity. As for the quality of CSR activities specifically based on ISR items on the classification of funding and investment in zakat points, community classification in sadaqah, waqf, qardh hasan points, school scholarships, young generation development, community quality improvement, concern for children, and support social activities. And environmental classification at the point of environmental conservation and empowerment. Meanwhile, the quality of CSR services at BSI is in accordance with the Maqashid Syariah Index and fulfills the principles of individual education, achievement of justice, and public welfare, which are the foundations of this maqashid syariah not implemented by other Islamic banks.</p> Danisa Nanda Pratiwi, Arin Setiyowati, Fatkur Huda Copyright (c) 2023 Danisa Nanda Pratiwi, Arin Setiyowati, Fatkur Huda Tue, 09 May 2023 00:00:00 +0000 Identification of Problems and Handling of Home Ownership Financing (PPR) Through Murabahah Contracts at Bank Syariah Indonesia (BSI) KCP Rungkut 1 Surabaya <p>Penelitian ini bertujuan untuk mengetahui identifikasi persoalan dan penanganan Pembiayaan Pemilikan Rumah (PPR) melalui akad murabahah di Bank Syariah Indonesia KCP Surabaya Rungkut 1. Studi ini dirancang menggunakan metode kualitatif dengan pendekatan studi kasus. Teknik pengumpulan data melewati proses wawancara dan dokumentasi. Keabsahan data yang digunakan adalah triangulasi sumber dan ada tiga tahap analisis data yaitu: Reduksi data, Penyajian Data (DisplayData), dan Penarikan Kesimpulan. Hasil penelitian ini menunjukkan bahwa, Implementasi Pembiayaan Pemilikan Rumah (PPR) pada BSI KCP Surabaya Rungkut 1 dalam pembiayaan menggunakan akad murabahah, tetapi juga menggunakan akad wakalah sebagai pelengkap pelaksanaan akad murabahah.Pelaksanaan akad murabahah pada BSI sudah memenuhi fatwa DSN-MUI Nomor 4/DSN-MUI/IV/ 2000, sebagaimana yang telah dilakukan pihak bank yang melakukan &nbsp;akad wakalah terlebih dahulu lalu dilanjutkan pelaksanaan akad murabahah setelah pihak bank melakukan transaksi dengan developer.Beberapa ragam persoalan dalam proses pembiayaan pemilikan rumah (PPR) dan penangan yang dilakukan oleh pihak BSI Surabaya Rungkut 1 sebagai berikut; Jika nasabah telat mengangsur dalam jangka waktu yang lama&nbsp; maka pihak BSI KCP Surabaya Rungkut 1 akan melakukan restrukturisasi atau rekondisi, jika nasabah melakukan <em>take over</em> pembiayaan diperbolehkan asalkan tujuannya untuk pelunasan pembiayaan (selain tujuan itu tidak diperbolehkan), dan jika ada musibah yang mendadak seperti nasabah meninggal dunia atau mengalami kebakaran rumah. Maka pihak Bank akan mengclaim asuransi nasabah ditujukan dalam hal melunasi pembiayaan yang masih tersisa. Adapun penanganan untuk menanggulangi peningkatan NPF, pihak BSI KCP Surabaya Rungkut 1 tentunya akan melakukan upaya-upaya agar dapat meminimalisir risiko tersebut yaitu dengan berpatokan pada 5C sebelum memberikan pembiayaan kepada nasabah. 5C terdiri dari: <em>Character</em><em>, Capacity, Capital, </em><em>Collateral</em><em>, Condisi</em>.</p> Athiya Shinta Wulandari, Arin Setiyowati Copyright (c) 2023 Athiya Shinta Wulandari, Arin Setiyowati Wed, 10 May 2023 00:00:00 +0000 Meta-Analysis Of Wakaf Based Sharia Microfinance Institutions <p>The purpose of writing this article is to examine the development of waqf-based Islamic Microfinance Institutions research in the world. The method used in this study is meta-analysis using data sources from articles published in international journals. The results show that there has been an increase in the development of IMFI waqf-based research from year to year. Many studies related to waqf based IMFI have been carried out with several countries in the world as case studies. A country that has become a lot of case studies in research related to this theme is Malaysia. In addition, based on the methodological approach used, the dominance of research was carried out using a qualitative approach. The paper that is widely cited is "Banking for the poor: The role of Islamic banking in microfinance initiatives". In addition, the author who often conducts research related to IMFI-based waqf is Mohamed Asmy bin Mohd Thas Thaker.</p> <p>The results of the analysis show that the management of cash waqf carried out by Islamic microfinance institutions is a solution to the current economic problems of the people. The potential of this waqf can later be used as a means of empowering the economy of the middle and lower classes with the role played by Islamic microfinance institutions. The implications of this research can be a reference for various stakeholders, especially the government, in the distribution of potential waqf managed by Islamic microfinance institutions.</p> Rijalul Khaer, Atep Firmansyah, Pupun Saepul Rohman Copyright (c) 2023 Rijalul Khaer, Atep Firmansyah, Pupun Saepul Rohman Thu, 11 May 2023 00:00:00 +0000 The Potential of Municipal Sukuk Issuance in Indonesia - A Review of Theoretical Research <p>The main objective of this study is to provide local authorities with municipal Sukuk as an alternative to financing local infrastructure and developing areas. This study reviews the previous literature examining contemporary municipal sukuk and Discussed issues related to restrictions on the issuance of municipal sukuk. The research shows that the barriers to municipal Sukuk issuance are: Regional Barriers, Credit risk, Political Risk, Credit Weakness among stakeholders, Lack of through understanding of Shariah and financing and implementation. It was an exploratory study and aimed to identify barriers to becoming municipal bonds. Blocks of municipal Sukuk are listed from all possible sources. The study proposes some practical ways to overcome the obstacles to the provision of municipal sukuk in order to promote more municipal sukuk in various regions of the country to support sustainable development through equitable infrastructure distribution.</p> Indar Fauziah Ulfah Copyright (c) 2023 Indar Fauziah Ulfah Mon, 05 Jun 2023 00:00:00 +0000 Value Of Experience, Satisfaction, Love, Brand Loyalty and Behavior Intentions With Generation as Moderating Variable <p>This study aims to understand the condition of BSI employees as one of the impacts during the first year of the merger process. This research and writing is also motivated by the idea that a business organization certainly wants optimal performance. In order for the organization to provide optimal performance, the thing that must be strengthened is the Human Resources (HR) as an asset and the company's internal customers. Study uses SPSS 17.0 and WarpPLS 7.0 as analysis tools. The reason for using WarpPLS 7.0 is because it can be used for large respondents and this is statistics for analyzing several research variables simultaneously and can be used for research using primary data using the survey method. The number of respondents in this study were 118 people spread throughout Indonesia. The consideration for the justification for using the number of respondents is based on the theory (Sholihin, 2020a) that the minimum sample size for SEM-PLS must be equal to or greater than (1) ten times the largest number of formative indicators used or (2) ten times the number of pathways largest structural unit regarding a particular construct in the structural model. The majority of respondents argue that the value of employee experience can influence employee satisfaction, and employee satisfaction with BSI influences employee love and loyalty for BSI which encourages employee intentions to be active in BSI's internal organization. Respondents also agreed with the hypothesis which states that the moderating generation affects the value of experience on employee satisfaction. Implications: this study also confirms previous research that satisfaction can affect the love and loyalty of a brand. This study also confirms that the majority of respondents agree that the value of employee experience can affect employee satisfaction, and employee satisfaction with BSI affects employee love and loyalty to BSI which encourages employees' intention to be active in BSI's internal organization. the practical implication is that the behavior of employees to be active in BSI's internal organization can be a medium that strengthens relations between employees. Variable value of employee experience and variable intention of planned behavior to join an internal organization as a novelty / novelty.</p> Jenny Sabella, Ellen Theresia Sitohang Copyright (c) 2023 Jenny Sabella, Ellen Theresia Sitohang Fri, 12 May 2023 00:00:00 +0000 Analysis of The Influence of Financing, Inflation, and The Amount of Money Supply on The Profitability of Syariah Bank in Indonesia <p>Profitability can show good company performance. Was conducted The research to determine the effect of financing, inflation, and the money supply on the profitability of Islamic banks in Indonesia. This study uses quantitative methods using secondary data. The sampling technique used in this study uses specific criteria, with the final sample result being 8 Islamic Banks registered with the Financial Services Authority in 2012-2021. The data analysis method in this study uses SPSS-25, with multiple linear regression testing tools, classical assumption testing, hypothesis testing, and determining coefficient tests. The study results show that financing variables partially do not affect the ROA profitability of Islamic banks in Indonesia. The inflation variable partly does not affect the ROA profitability of Islamic banks in Indonesia. The money supply variable also has no partial impact on the ROA profitability of Islamic banks in Indonesia. However, the financing variables, inflation, and the money supply can all affect the ROA profitability of Islamic banks in Indonesia. The effect is 31.0%, where the variables with financing, inflation, and the money supply simultaneously affect the ROA profitability of Islamic banks in Indonesia, and other variables influence the rest.</p> Nadia Putri Aulia, Esy Nur Aisyah Copyright (c) 2023 Nadia Putri Aulia, Esy Nur Aisyah Tue, 16 May 2023 00:00:00 +0000