Perisai : Islamic Banking and Finance Journal

Evidence of Moderation Maqashid Sharia : Financial Performance, Islamic Social Reporting and The Value of the Company

Dwi Rismayanti, Esy Nur Aisyah — Fri, 10 Mar 2023 00:00:00 +0000

Firm value influences investor perceptions to support the company's sustainability. The study aimed to analyze the effect of financial performance and islamic social reporting on firm value and the role of the maqashid sharia index in moderating financial performance and islamic social reporting on the company value of Islamic Commercial Banks in Indonesia. The research method used is quantitative. The sampling technique used purposive sampling with a sample of 6 Islamic Commercial Banks registered with the Financial Services Authority for 2017-2021. The data analysis method used in this study is SEM-PLS with the SmartPLS version 4.0.8.7 application. The results showed that the variables of financial performance and islamic social reporting had a significant effect on firm value. Then, the maqashid sharia index as a moderator variable cannot moderate the relationship between financial performance and islamic social reporting on firm value. Thus, the Maqashid sharia index is a moderator predictor because it can only independently influence the dependent variable.

Quality E-Wallet Transaction Services for Indonesia's Millennial Student Generation

Indah Selsapagita, Budi Sukardi — Thu, 16 Mar 2023 00:00:00 +0000

The study aims to determine the influence of the quality of e-wallet transaction services simultaneously on the lifestyle of Solo Raya millennial students and determine the most dominant variables affecting the lifestyle of Solo Raya millennial students. A quantitative approach was used in this study. The study population consisted of millennial students in Solo Raya. The research sampling method was purposive and used predetermined criteria. Data collection techniques included documentation, literature review, and questionnaires. Data analysis using multiple regression techniques. The result of the study is that the quality of e-wallet transaction services simultaneously significantly affects the lifestyle of millennial students in Solo Raya. The most dominant variable affecting the lifestyle of the Solo Raya millennial students was reliability.

Strategy For Collection and Distribution of Infaq Shodaqoh Zakat Funds At Amil Zakat Institution (LAZ) Sahabat Mustahiq Malang Branch

Diananda Hanan Nabilah, Rahmad Hakim, Arif Luqman Hakim, Ahmad Fanani — Fri, 10 Mar 2023 00:00:00 +0000

The strategy for collecting and distributing zakat, infaq, and shodaqoh funds is important and implemented properly. Especially in areas such as Malang Raya which has the highest number of muzakki in East Java. The purpose of this study is to conduct an in-depth analysis of the strategy for collecting and distributing zakat, infaq, and shodaqoh funds (ZIS) at the Amil Zakat Institute (LAZ) Sahabat Mustahiq Malang. This research is a qualitative research with a case study approach. Data collection techniques in this study were observation, interviews, and documentation. Data analysis techniques used in this study are data collection, data condensation, data presentation, and drawing conclusions. The results of the study indicate that there are two kinds of strategies in raising funds, namely direct and indirect. Direct is a strategy that is carried out directly between amil zakat institutions and muzakki or donors. Direct activities in the form of direct mail via whatsapp, direct meetings with potential muzakki, zakat outlets and portfolios. The indirect strategy is a strategy that is carried out indirectly between amil zakat institutions and muzakki or donors. Indirect activities are in the form of collaborating with other LAZ institutions, agencies or institutions, activating social media, magazines, websites, digital platforms and through Friends of Inspirational Action (SAINS) volunteers. In the strategy for distributing zakat, infaq, shodaqoh funds at LAZ Sahabat Mustahiq Malang, there is a pattern of distribution of zakat infaq shodaqoh funds, namely traditional consumptive, creative consumptive, traditional productive, creative productive but in the distribution of infaq and shodaqoh zakat funds to 8 asnaf that have been listed in the Qur'an 'an, LAZ Sahabat Mustahiq Malang prioritizes fakir, poor, zakat manager, sabilillah and ibn sabil only.

Analysis Of Sharia Laundry Marketing Strategy In Mamuju District

Fri, 10 Mar 2023 00:00:00 +0000

Awareness of carrying out religious law is escalating daily among the Indonesian people, most of whom are Muslims. This outlook is not only seen in worship that is directly related to God, but it has penetrated into economic activities. This study aims to ascertain the marketing strategy for Sharia Laundry in Mamuju Regency. This exploration employs a phenomenological qualitative approach with in-depth interviews, documentation and observation techniques, then the data are analysed descriptively. The profound results indicate that Sharia Laundry marketing prioritises the sharia washing system, purity, cleanliness, friendliness, close distance, delivery system, promotions on social media and special promos. The primary difference between this sharia laundry enterprise and other laundry services is that before washing, the garments are rinsed using running water to remove impurities. After that, they are put into the washing machine with a one-machine system for only one customer by distinguishing male and female clothes according to the explanation or desire. The weakness of Sharia Laundry is that launderers and owners dispose of laundry liquid waste in flowing water (ditch) which contains phosphates (toxic substances), thereby polluting surroundings and harming aquatic creatures, and they do not yield more particular discounts for mosque worship equipment as charity.

Accountability Analysis With The Application Of Psak 112 In The Financial Statements Of Cash Waqf In Madura

Cici’ Wilantini, Sri Handayani, Zainal Abidin — Fri, 10 Mar 2023 00:00:00 +0000

The importance of accountability financial reports is a form of accountability from waqf assets entrusted by the wakif to an institution/agency that became nadzhir. The better the financial reports are made, the more trust will increase from the public and vice versa. PSAK 112 regarding waqf accounting can help nadzhir parties to prepare better financial reports of waqf assets. This research uses a qualitative descriptive type approach. The research locations are LAZISMU Pamekasan and KSPPS Nuri East Java. Sources of data in the form of observations, interviews and documentation. The results of the research are; Accountability from LAZISMU Pamekasan and KSPPS Nuri East Java has worked in accordance with the indicators and forming factors of financial report accountability. The application of PSAK 112 at LAZISMU Pamekasan has a conformity of 35% and the remaining 65% still needs to be improved. Whereas in KSPPS Nuri East Java it has a suitability of 41% and the remaining 59% still needs to be fixed again. This means that the financial statements of cash waqf funds issued by LAZISMU Pamekasan and KSPPS Nuri East Java are still lacking from the financial components commonly made by waqf institutions according to PSAK 112. At LAZISMU Pamekasan and KSPPS Nuri East Java there has been no instruction from the leadership to use PSAK 112 and there is no concrete socialization from the authorities

Public Attitudes and Awareness of Services Labeled as Halal

Novita Syahriani, Mustapa Khamal Rokan — Fri, 10 Mar 2023 00:00:00 +0000

This research was conducted to find out impact of people's attitudes and awareness on the halal label. Research method used in this study is quantitative research combined with narrative research, where this study aims to determine the correlation between attitudes, consumer enlightenment, and halal label. Result can be used as a result of hypothesis testing data, the Standardized coefficient value in the table is -.034 with a significant value indicating that the behavioral variable (X1) does not have a significant effect on the halal label (Y). Therefore, hypothesis 4 suspects that the attitude has a positive effect on the halal label is not supported. using the results of hypothesis testing data, the Standardized coefficient value in the table is .663 with a significant value sharing that the citizen awareness variable (X2) has a significant influence on the halal label (Y), in which the assumption of public awareness has a positive effect on the halal label is supported. Hypothesis 1 which has an attitude variable is not supported, therefore it does not have a positive effect on the halal label. Hypothesis 2 is supported, due to the assumption that citizen awareness has a significant/influence on the halal label.

Evidence of Corporate Zakat Issuance in Sharia Bank in Southeast Asia: Profitability and Liquidity

Guntur Kusuma Wardana — Thu, 16 Mar 2023 00:00:00 +0000

This research aims to examine the effect of ROA, NPM, GPM, BOPO, and FDR, both partially and simultaneously in scientific writing. Islamic banking in Southeast Asia is the subject of research, using the panel data regression analysis method. The type and research approach used is quantitative research with an explanatory approach. Chow test, Hausman test, Lagrange multiplier test, classic assumption test, panel data regression equation test, and hypothesis testing are panel data analysis methods in research. ROA (X₁), NPM (X₂), GPM (X₃), BOPO (X₄), and FDR (X₅) are the independent variables used in this study. Zakat expenditure of Islamic banking companies is the dependent variable (Y). The results of the study concluded that the ROA and BOPO variables partially had no significant effect on the zakat expenditure of Islamic banking companies in Southeast Asia, while the NPM and GPM variables partially had a significant effect on the zakat expenditure of Islamic banking companies in Southeast Asia. Meanwhile, the ROA, NPM, GPM, and BOPO variables simultaneously have a significant effect on the zakat expenditure of Islamic banking companies in Southeast Asia.