Journal Title : An-Nisbah Frequency : April and October DOI : 10.21274 E-ISSN : 2549-5712 Editor In Chief : Dr. Rokhmat Subagiyo, S.E., M.EI Publisher : Faculty Economy and Islamic Bussiness UIN Sayyid Ali Rahmatullah Tulungagung Indexing : DOAJ, SINTA 3, Dimension, Google Scholar, Garuda Contact Us : annisbah@uinsatu.ac.id 0821 3268 8885 (Dr. Ahmad Sodiq., M.H) An-Nisbah: Jurnal Ekonomi Syariah is a high-quality, open-access, peer-reviewed journal published by the Faculty of Islamic Economics and Business (FEBI) at Sayyid Ali Rahmatullah State Islamic University (UIN) Tulungagung, Indonesia. Established as a prominent platform for scholarly discourse, An-Nisbah is dedicated to the dissemination of original research and current issues within the field of Islamic banking and finance. The journal serves as a bridge between academics, researchers, and practitioners to share innovative ideas and empirical findings that contribute to the development of the global Islamic financial ecosystem. Focus and Scope The journal invites original articles that employ rigorous methodologies—including qualitative, quantitative, and library research—across a broad range of topics, including but not limited to: Islamic Banking Operations and Management Sharia Compliance and Governance Islamic Fintech and Digital Banking Islamic Capital Markets and Investment Social Finance (Zakat, Waqf, and Sadaqah) Sharia Macro and Microeconomics Risk Management in Islamic Financial Institutions
The author has full rights to the articles that has been sent to An-Nisbah: Jurnal Ekonomi Syariah. The author is responsible for the originality of the articles and all the references used in the journal script.
Analysis Of Macroeconomic Factors On Operational Risk In Islamic Banking In Indonesia And Turkey For The Period 2017–2024
Islamic banking has a contribution to the Islamic financial system which is oriented towards the principles of justice, partnership and economic sustainability. This study aims to analyze the influence of macroeconomic factors on operational risk in Islamic banking in Indonesia and Turkey during the period 2017–2024. The macroeconomic factors used are inflation, interest rates, GDP, and money supply, while operational risk is proxied by the ratio of operating costs to operating income (BOPO). This study uses a quantitative approach with a panel data regression method processed using the EViews application. Secondary data were obtained from the annual reports of Islamic banks, the World Bank, and the Turkish financial authorities. The results show that partially, inflation, interest rates, and GDP have no significant effect, while money supply has a significant positive effect on operational risk in Indonesia. Similarly, the variables of inflation, interest rates, GDP, and money supply do not significantly affect operational risk in Turkey. These findings indicate that the operational efficiency of Islamic banking is more influenced by internal factors such as cost management, asset quality, and operational policies, compared to macroeconomic conditions. This study is expected to provide an empirical contribution in strengthening risk management strategies and formulating macroprudential policies for the Islamic banking industry in both countries.
Copyright (c) 2026 Trisna Dwi Rodhiyah, Indah Yuliana, Maretha Ika Prajawati https://creativecommons.org/licenses/by-sa/4.0
The Influence Of Islamic Banks, ISSI And SBSN Financing On Indonesia's Gross Domestic Product
The purpose of this study is to find out how financing, ISSI and SBSN affect gross domestic product. The results of this study are expected to be useful for the government and industry players in Indonesia in knowing the picture of the state of the financial sector and formulating policy strategies in the future so as to create high and stable real sector growth to be able to encourage economic growth in Indonesia. The results of the study show that: 1) The influence of Islamic Banking Financing has no effect on GDP. 2) ISSI has no influence on GDP. 3) SBSN has no significant influence on GDP. 4) Sharia, ISSI, and SBSN banking financing simultaneously have an influence on GDP
Copyright (c) 2024 Rafika Ananda Putri, Muhammad Lathief Ilhamy Nasution, Atika https://creativecommons.org/licenses/by-sa/4.0
Integrating Sharia Economic Principles Into Chocolate Agribusiness: A Case Study Of Nglanggeran Village, Gunungkidul Regency
This study examines the integration of Sharia economic principles into the chocolate agribusiness in Nglanggeran Village, Gunungkidul Regency. Nglanggeran Village is recognized for its unique and sustainable agribusiness model, combining cocoa farming with tourism to enhance local economic development. The study employs both qualitative and quantitative methods, utilizing case study design to analyze how Sharia principles such as justice (Al-'Adl), benefit (Al-Maslahah), prohibition of usury, and partnership (Shirkah) are applied in agribusiness practices. Data were collected through interviews with key stakeholders and secondary sources, focusing on the role of farmer groups, government support, and institutional collaboration in agribusiness management. The findings reveal that Sharia principles contribute to a fair and transparent distribution of profits, ethical financing models, and sustainable business practices that align with community welfare. This research highlights the importance of ethical and sustainable agribusiness management as a tool for local economic empowerment and provides strategic recommendations for enhancing the sustainability of cocoa agribusiness through Sharia principles.
Copyright (c) 2024 Nirwasita Daniswara, Moh. Miradj https://creativecommons.org/licenses/by-sa/4.0
The Influence Of Third Party Funds (Dpk), Cost Of Funds (Cof), And Liquidity On Profitability In Indonesian Islamic Banks (BSI) In 2021 - 2024
Third party funds are a source of funds for the bank in channeling it back to the community in the form of loans or financing, third party funds collected by the bank will return to the community with a difference in the ratio / profit sharing and / or margin in accordance with the agreed agreement, giving rise to Cost of Fund for the bank against these third party funds. Apart from that, the third party funds can be taken at any time by the customer in accordance with the deposit product so that the bank is obliged to maintain and guarantee financial liquidity both in the long, medium and short term. Bank as an industry also focuses on profitability so that one of its goals is to generate profits or profits. In this research process, researchers carry out a balance sheet study focus to see the level of value of each variable including third party funds, cost of funds and liquidity. The mechanism used regarding this research uses samples from the financial statements of Bank Syariah Indonesia with financial reports presented monthly from 2021-2024. The analysis test is used to be able to see how much influence on each variable by using descriptive testing, classical assumptions, and multiple linear regression. The results of the tests that have been carried out present data that Third Party Funds (DPK), Cost Of Fund (COF), have positive significant results on Profitability. While the results of the liquidity variable proxied by the current ratio are not positively significant to profitability at Bank Syariah Indonesia (BSI) with the period 2021-2024.
Copyright (c) 2024 An-Nisbah: Jurnal Ekonomi Syariah
Determining Factors in Decisions to Purchase Halal Products: Evidence from the Indonesian Muslim Community
This study aims to analyze the effect of religiosity attitudes, halal knowledge, halal awareness, halal behavior on purchasing decisions for halal products among Muslim communities in the Pekalongan and Pontianak regions. This research was conducted as field research with a quantitative approach. Research data in the form of Muslim community perceptions were collected using questionnaires distributed using G-Form in the Pekalongan and Pontianak areas. A total of 401 respondents were determined using an incidental sampling model. The collected data were analyzed with the EVIEWS application. The results showed that the variables of halal awareness and halal behavior had a positive and significant effect on purchasing decisions on purchasing decisions for halal products. Conversely, religiosity attitudes and halal knowledge have a positive effect on purchasing decisions for halal products but are not significant. Simultaneously, the contribution of the four variables to the decision to purchase halal products is 67%. From this study, recommendations can be made that intrinsic human factors remain a driving force for Muslims to purchase halal products. Manufacturers of halal products should always pay attention to these factors to improve marketing performance.
Copyright (c) 2024 Happy Sista Devy https://creativecommons.org/licenses/by-sa/4.0
Economic Thought During The Time Of Utsman Bin Affan And Its Relevance In Today's Era
Islam as a complete religion has regulated the Koran, Sunnah, ijma and empirical experience related to economic values. So we often hear the term Islamic Economics as a science that studies economics based on the principles applied by Islam. Islamic Economic Thought has developed since the time of the Prophet Muhammad, continued by his friends and followers until today as we know it. One of the Islamic figures during the Khulafaurrasyidin era who developed the country economically was Uthman bin Affan. This research examines economic thinking during the time of Uthman bin Affan and its relevance today. This research is qualitative research using a library research approach, which is research carried out by using relevant books and journal articles as study material which is then analyzed and concluded.
Copyright (c) 2024 Herlinda, Arif Rahman https://creativecommons.org/licenses/by-sa/4.0
Beyond The Sustainable Development In Islamic Economics: A Bibliometric Analysis
The main objective of this research is to find out the trend of sustainable development from an Islamic economic perspective and study the mechanisms Islam provides to achieve sustainable development. The research methodology involves both qualitative and quantitative methods. Qualitative analysis is done through a literature review, while quantitative analysis is conducted through bibliometric analysis using R Studio and VOSviewer on articles indexed by Scopus. The study identified 180 relevant articles related to the topic from 2008 to 2023, which indicates a growing awareness of using Islam as an alternative solution to economic, social, and environmental issues. Based on the results of the literature review, Islamic financial instruments are a fairly dominant discussion theme in the Islamic sustainable development model. This development model has been implemented by many countries and has had a positive impact on realizing social welfare. The application of Islamic ethics based on maqashid sharia is also continuously promoted by article writers so that it becomes the basis for the development of Islamic countries. It is hoped that this research can contribute to the progress of the Islamic economic system and become a reference for further research.
Copyright (c) 2024 Annisa Nur Istiqomah, Sri Muljaningsih https://creativecommons.org/licenses/by-sa/4.0
Does The Distribution Of Zakat, Infaq And Sadaqah Have The Biggest Influence On Inequality In Indonesia?
Inequality is a development issue that is consistently addressed during the preparation and formulation of development plans in Indonesia. The primary objective of development, both in the short and long term, has consistently been the Gini Index or Gini coefficient, which serves as an indicator of inequality. This is in stark contrast to the concept of zakat in the sharia economic framework, which is the primary tool for addressing the issue of income distribution, which results in poverty and inequality. Therefore, the objective of this investigation is to identify the variables that have the most significant impact on the reduction of inequality. A quantitative research methodology with a comparative causal approach is implemented. The independent variables are the Economic Growth Rate (X2), Human Development Index (X3), and the distribution of zakat, infaq, and sadaqah (X1). At the same time, the Gini Index is Y. The research findings indicate that the distribution of zakat, infaq, and shadaqah has the most substantial impact in comparison to the variables of economic growth and human development index. This reinforces the principle of zakat, infaq, and shadaqah as the primary instruments in the sharia economic concept for the reduction of income inequality.
Copyright (c) 2024 Dharma Yanti https://creativecommons.org/licenses/by-sa/4.0
Mediating Role of Nashāṭ in Enhancing Innovation and Farmer Productivity
This study examines the mediating role of Nashāṭ a construct reflecting enthusiasm, diligence, and proactive work ethic in strengthening the effects of innovation attitude, subjective norms, and perceived innovation attributes on the innovation–productivity performance of food-crop farmers in Bone Regency, Indonesia. Using an explanatory quantitative design, data were collected from 150 farmers through a structured questionnaire and analyzed using PLS-SEM (SmartPLS 4.0). The measurement model demonstrated strong convergent and discriminant validity, while the structural model confirmed that Nashāṭ exerts a substantial direct impact on farmers’ innovation and productivity. Furthermore, innovation attitude, subjective norms, and perceived innovation attributes significantly influenced Nashāṭ, highlighting its function as an internal behavioral activation mechanism. Mediation testing revealed that Nashāṭ acts as a full mediator, indicating that cognitive evaluations and social expectations must first be internalized into sustained work motivation before generating measurable productivity outcomes. These findings advance theoretical discussions on behavioral drivers of agricultural innovation by integrating Islamic value-based constructs into the analytical framework. Practically, the study emphasizes the importance of strengthening farmers’ intrinsic motivation through extension programs, community support systems, and policy interventions that enhance consistent engagement with innovation and foster productivity-oriented farming behavior.
Copyright (c) 2026 Nur Halisa, Syaparuddin Razak, Muhammad Ardi https://creativecommons.org/licenses/by-sa/4.0
Behavioral and Normative Determinants of Student Investment Interest in a Sharia Investment Gallery
Students’ interest in investing in capital markets is an important factor in strengthening financial literacy and fostering the development of competitive young investors. The theory in the research uses the Investment Literacy, Return Expectations, and Investment Risk theories to analyze the influence of students' interest in investing. These three factors interact to shape individuals’ perceptions, beliefs, and motivations to participate in investment activities. The study employs a quantitative descriptive method using primary data collected through questionnaires distributed via Google Forms. Data were collected using simple random sampling, and multiple linear regression was used to examine the simultaneous effects of multiple independent variables on a single dependent variable. This study finds that return expectations and investment risk significantly influence students’ investment interest, while investment literacy does not show a significant partial effect. However, collectively, the three variables contribute significantly, explaining 67% of the variance in investment interest. This study contributes by presenting an integrated model demonstrating that students’ investment interest is more strongly influenced by return expectations and risk perception than by investment literacy alone. The findings highlight that psychological and expectancy-based factors are more dominant than purely cognitive aspects in shaping investment interest. Practically, these results suggest that investment education strategies should not focus solely on improving literacy, but also on developing rational risk perceptions and realistic return expectations. Future research is recommended to incorporate additional variables in order to develop a more comprehensive explanatory model.
Copyright (c) 2026 Ahmad Suminto, Muhammad Alfan Wildani, Rokhmat Subagiyo, Mufti Afif https://creativecommons.org/licenses/by-sa/4.0
INTEGRATING SHARIA ECONOMIC PRINCIPLES INTO CHOCOLATE AGRIBUSINESS: A CASE STUDY OF NGLANGGERAN VILLAGE, GUNUNGKIDUL REGENCY
Abstrak: Penelitian ini mengkaji integrasi prinsip-prinsip ekonomi syariah dalam agribisnis cokelat di Desa Nglanggeran, Kabupaten Gunungkidul. Desa Nglanggeran dikenal dengan model agribisnis yang unik dan berkelanjutan, menggabungkan pertanian kakao dengan pariwisata untuk meningkatkan pengembangan ekonomi lokal. Penelitian ini menggunakan metode kualitatif dan kuantitatif dengan desain studi kasus untuk menganalisis bagaimana prinsip syariah seperti keadilan (Al-'Adl), kemaslahatan (Al-Maslahah), larangan riba, dan kemitraan (Syirkah) diterapkan dalam praktik agribisnis. Data dikumpulkan melalui wawancara dengan pemangku kepentingan utama dan sumber sekunder, yang berfokus pada peran kelompok tani, dukungan pemerintah, dan kolaborasi kelembagaan dalam pengelolaan agribisnis. Temuan menunjukkan bahwa prinsip-prinsip syariah berkontribusi pada distribusi keuntungan yang adil dan transparan, model pembiayaan yang etis, dan praktik bisnis berkelanjutan yang selaras dengan kesejahteraan masyarakat. Penelitian ini menyoroti pentingnya pengelolaan agribisnis yang etis dan berkelanjutan sebagai alat pemberdayaan ekonomi lokal serta memberikan rekomendasi strategis untuk meningkatkan keberlanjutan agribisnis cokelat melalui penerapan prinsip-prinsip syariah. Kata kunci: ekonomi syariah, agribisnis cokelat, desa nglanggeran, keberlanjutan, pembiayaan islami. Abstract: This study examines the integration of sharia economic principles into the chocolate agribusiness in Nglanggeran Village, Gunungkidul Regency. Nglanggeran Village is recognized for its unique and sustainable agribusiness model, combining cocoa farming with tourism to enhance local economic development. The study employs both qualitative and quantitative methods, utilizing case study design to analyze how sharia principles such as justice (Al-'Adl), benefit (Al-Maslahah), prohibition of usury, and partnership (Syirkah) are applied in agribusiness practices. Data were collected through interviews with key stakeholders and secondary sources, focusing on the role of farmer groups, government support, and institutional collaboration in agribusiness management. The findings reveal that sharia principles contribute to a fair and transparent distribution of profits, ethical financing models, and sustainable business practices that align with community welfare. This research highlights the importance of ethical and sustainable agribusiness management as a tool for local economic empowerment and provides strategic recommendations for enhancing the sustainability of cocoa agribusiness through sharia principles. Keywords: sharia economics, cocoa agribusiness, nglanggeran village, sustainability, islamic finance.
Integrated Halal Infrastructure for Strengthening Indonesia’s Sharia Economic Ecosystem
Indonesia’s growing role in the global halal economy highlights the necessity of a well-developed halal infrastructure that ensures product integrity, strengthens consumer trust, and enhances industry competitiveness. However, existing studies and national practices tend to focus on isolated elements such as certification or logistics, resulting in fragmented implementation and uneven institutional capacity across regions. This study aims to provide an integrated analysis of halal infrastructure covering certification governance, halal laboratory networks, halal logistics, and digital traceability systems and examine how these components collectively reinforce the Sharia economic ecosystem in Indonesia. The analysis also considers how national regulatory frameworks shape institutional coordination, stakeholder roles, and system-wide governance of halal assurance. Using a qualitative Integrative Systematic Literature Review (SLR) supported by policy reports and empirical case documentation, the study synthesizes Institutional Theory, the Resource-Based View, and the maqāṣid al-sharī‘ah framework to analyze structural, operational, and ethical dimensions. This integrative SLR approach is employed to consolidate fragmented interdisciplinary scholarship and construct a unified analytical model of halal infrastructure. The findings show that coordinated institutional arrangements, capacity development of laboratories, and digital integration significantly enhance efficiency and credibility, although disparities remain in regional access and SME readiness. The results also demonstrate that regulatory alignment and multi-stakeholder collaboration are critical determinants of ecosystem performance. The study concludes that holistic infrastructure development is essential for sustainable and inclusive Sharia economic growth, grounded in the normative principles of halal–ṭayyib, maṣlaḥah, and institutional accountability, contributing a conceptual framework to guide future policy and empirical research
Copyright (c) 2026 Achmad Riady, Arif Mashuri, Siradjuddin . https://creativecommons.org/licenses/by-sa/4.0
Can Gold Be the Key to Stability in Shariah-Compliant Cryptocurrency?
This study investigates the volatility differences between asset-backed using gold and non-asset-backed cryptocurrencies to evaluate the suitability with Shariah principles, particularly regarding risk and stability. This study uses ARCH and GARCH(1,1) models to analyze the volatility of cryptocurrencies. The selected cryptocurrencies include three asset-backed (KAU, XAUT, PAXG) and three non-asset-backed (BTC, ETH, XRP). The results reveal that gold-backed cryptocurrencies tend to have lower volatility persistence than non-asset-backed ones, indicating that price shocks in asset-backed tokens dissipate more quickly. This suggests that cryptocurrencies with real asset backing exhibit more stable price movements and are less prone to speculative fluctuations. Furthermore, the relative stability of asset-backed tokens supports their potential suitability for Shariah compliance, as Islamic finance encourages transparency and the avoidance of excessive uncertainty (gharar). This research provides valuable insights for regulators and scholars in assessing the viability of cryptocurrencies in Islamic finance and contributes to the discussion of future fatwas on their permissibility.
Copyright (c) 2025 Chetrine Alya Rinaima, Andriani Samsuri https://creativecommons.org/licenses/by-sa/4.0
Redefining CSR through Qur’anic Spirituality: A Conceptual Model Based on Surah Yusuf
This study aims to develop a model of Corporate Spiritual Responsibility (CSpR) grounded in Qur’anic values, specifically Surah Yusuf (12:54–57). The model integrates spirituality into corporate responsibility by embedding ethical, social, and spiritual dimensions within organizational governance. Using a qualitative case study approach, this research examines how these values are interpreted, operationalized, and evaluated in the management of Pondok Pesantren Alhidayah Almumtazah, Indonesia. Data were collected through in-depth interviews with four key informants and analyzed using thematic analysis. The findings identify eight core spiritual principles: trustworthiness (amanah), honesty, justice, patience and perseverance, visionary leadership, wisdom, social responsibility, and sincerity. The success of these principles is assessed through their observable integration into governance practices, including financial transparency, equitable decision-making, community engagement programs, ethical leadership conduct, and institutional sustainability orientation. In the framework of Islamic economics, success is not measured solely by material performance but by the realization of maslahah (public welfare), ethical accountability (amanah), and alignment with the concept of al-falah (holistic well-being). Seven of the eight principles are consistently implemented, while visionary leadership remains underdeveloped in strategic planning processes. This study contributes to CSR literature by operationalizing Qur’anic ethical values into measurable governance indicators and proposing a spiritually grounded model applicable to both non-profit and commercial organizations. The model redefines CSR through a Qur’anic epistemology, emphasizing that organizational sustainability in Islamic economics is inseparable from spiritual accountability.
Copyright (c) 2025 Rimi Gusliana Mais, Munir, Fildza Gholiyatun https://creativecommons.org/licenses/by-sa/4.0
Analysis of Buying and Selling Positive Test Packs on the Shopee Application from a Sharia Economic Law Perspective
Positive test pack is a test pack that has been used by pregnant women. Inside the test pack there is urine containing bacteria, fungi and viruses that have the potential to transmit diseases. This phenomenon is not in line with the ba'i theory regarding the requirements for objects to provide benefits according to sharia and not cause harm. This study was conducted to answer various problem formulations. First, what is the mechanism of the practice of buying and selling positive test packs on Shopee? Second, how is the analysis of buying and selling positive test packs on Shopee from the perspective of sharia economic law? The method used to compile this research is field research. So that the data collection method is carried out through interviews, observations and documentation related to the mechanisms and motives of buying and selling. Then the data is managed using a descriptive analysis method through a qualitative approach. The results of this study show two main things. First, the mechanism of buying and selling positive test packs starts from the seller buying a test pack that is still sealed, after which the test pack is given a urine sample to show a positive result. Then repackaged and distributed to consumers. Second, from the perspective of sharia economic law using the ba'i theory shows that positive test packs are mutanajis objects and cause harm. Therefore, the sale and purchase of positive test packs is not in accordance with the terms of the object of sale and purchase. Because positive test packs are medical waste that is dangerous to distribute because it can cause disease transmission.
Copyright (c) 2025 Putri Estining Tiyas https://creativecommons.org/licenses/by-sa/4.0
Transformation of Sharia Economic Legal Norms in Texts, Fiqh, Fatwas and Qanun
This article examines the transformation of normative foundations in Islamic economic law from the nash (the Qur’an and Sunnah) into more operational legal forms, namely fiqh, fatwa, and qanun, using an epistemological approach to Islamic law. The study highlights shifts in sources, authority, and methodology in the formulation of Islamic legal norms, as well as their implications for the validity and authenticity of sharīʿah-based norms in modern contexts. This research is a qualitative, library-based study employing normative-epistemological analysis. The findings indicate that this transformation reflects an epistemic shift from absolute revelation to interpretative and contextual legal constructions. Fiqh represents systematic reasoning based on nash through ijtihād, fatwa serves as a contextual response to contemporary societal issues grounded in maqāṣid al-sharīʿah, and qanun reflects the legal-institutional formalization of Islamic law within modern nation-state frameworks. While this transformation demonstrates the adaptability of Islamic law to evolving realities, it also poses the risk of normative dilution if its epistemological continuity is not carefully maintained. Therefore, a maqāṣid-based framework and collaborative engagement among scholars, academics, and regulators are essential to preserving the substantive spirit of sharīʿah within contemporary legal systems.
Copyright (c) 2025 Fahmi Hasan Nugroho, Atang Abdul Hakim https://creativecommons.org/licenses/by-sa/4.0
Risk-Based Fiscal Policy: Adopting a Shariah-Compliant Model for Indonesia’s Economic Resilience
Amid global economic uncertainty and the limitations of debt-reliant conventional fiscal policies, Indonesia requires a robust framework to enhance economic resilience. Existing approaches often fail to address equitable resource distribution and ethical risk management. This study aims to develop a risk-based fiscal policy model integrated with Shariah principles to address this gap. Employing a qualitative library research method with secondary data analysis from 2021 to 2025, the study formulates a tripartite model comprising sovereign sukuk for infrastructure, zakat for social safety nets, and mudharabah-musyarakah partnerships for public investment. The findings indicate that this integrated approach significantly mitigates fiscal risks by replacing interest-based debt with asset-backed and profit-sharing mechanisms. Projections suggest the model can reduce the debt-to-GDP ratio from 40.9% to below 35%, lower the Gini coefficient to under 0.35, and sustain economic growth above 5%. This research contributes a comprehensive framework for policymakers, offering a practical pathway toward a more equitable, inclusive, and stable economic system aligned with Maqasid al-Shariah.
Copyright (c) 2025 Muhammad Said, Syahriyah Semaun, Muzdalifah Muhammadun, Andi Bahri, Andi Dinul Islam Firdaus https://creativecommons.org/licenses/by-sa/4.0
Bank Health Analysis of BPRS Dinar Ashri Using CAMEL Method (2021–2024)
This study aims to analyze the health level of PT Bank Perekonomian Rakyat Syariah (BPRS) Dinar Ashri, located in West Nusa Tenggara, using the CAMEL method (Capital, Asset, Management, Earning, and Liquidity). Assessing the health of a bank is crucial to determine its ability to operate optimally and fulfill its obligations to customers in accordance with applicable regulations. The data used in this study are secondary data obtained from the financial reports of BPRS Dinar Ashri from 2021 to 2024, accessed through the official website of the bank. The analytical method employed is quantitative descriptive, using financial ratio measurements that reflect each CAMEL aspect. The results show that BPRS Dinar Ashri is in a very healthy condition in terms of Capital, Asset, and Earning, with a steadily increasing CAR, a stable NPF within healthy limits, and ROA and BOPO ratios that indicate good operational efficiency. In the aspects of Management and Liquidity, the bank also demonstrates effective management and adequate liquidity capability. Therefore, overall, BPRS Dinar Ashri exhibits a healthy and stable financial performance and is able to maintain prudential principles in its operations.
Copyright (c) 2025 Credo Prasetyoadi Pangestu, Muhammad Iqbal Surya Pratikto https://creativecommons.org/licenses/by-sa/4.0
Blibiometric Analysis of Blue Economy Studies in Realizing an Inclusive Regional Economy
Blue economy is an economic concept that aims to create a sustainable economic system, based on the principles of nature and local wisdom. The main objective of Blue Economy is to strengthen local economic systems and improve community welfare, by reducing the risk of environmental damage due to excessive exploitation of natural resources. This study uses a mix-method, using a bibliometric approach and literature review. Bibliometric analysis is used to evaluate the development of literature on a topic over a certain period. The analytical tools used in this study are the Publish or Perish (PoP) application, Microsoft Excel, and VOSviewer 1.6.20 software. The results of this study indicate that network visualization shows that blue economy is closely related to sustainable development goals, mariculture, sids, small island developing states, ocean economy, economic growth, Caribbean, marine economy, marine resources, shipping. In addition, on the overlay visualization map, the term Blue economy is bright green, meaning that the brighter the color, the newer this research is. Finally, the Density Visualization map of the term blue economy is bright yellow, this shows that blue economy is the most frequently used keyword in a journal. Then followed by sustainable development, sustainability, economic growth, marine environment, and governance approach.
Copyright (c) 2025 Nur Faizah, Amimah Oktarina https://creativecommons.org/licenses/by-sa/4.0
Implementation Of Green Finance In Distribution Baitul Maal Wat Tamwil Fund
This study analyzed how green finance is implemented to distribute Baitul Maal wat Tamwil funds. This research is qualitative and uses a library research method. The researcher collected data from several related articles relevant to this study. The article was then analyzed and concluded to produce a new study. This research produced several findings, namely that green finance has a positive impact and has been proven to contribute to achieving a green economy. BMT can fulfill its responsibilities as an institution that collects and distributes social and productive funds and its duties to the community and the environment. Several BMTs have developed digital applications that are in line with sustainable financing. New products and services are generated through the development of digital-based financing. Green finance also makes funding reach a wider range to realize justice through equitable distribution. This research is expected to add readers’ insight into the contribution of green finance to the green or sustainable economy. Financing that supports a sustainable economy is expected to be a priority for funding in the future. BMT is expected to provide education and assistance for community businesses that align with sustainable development and be more selective in distributing right-on-target funds.
Copyright (c) 2025 Nurul Qosimah Siregar, Rozalinda Rozalinda, Ahmad Wira, Muchlis Bahar https://creativecommons.org/licenses/by-sa/4.0
Crowdfunding Strategy In Optimizing Financial Inclusiveness Through Zakat-Based Islamic Philanthropy At The Seribu Senyum Foundation
This study aims to analyze the crowdfunding strategy used by the Seribu Senyum Foundation in optimizing zakat-based Islamic philanthropy through a zakat campaign for converts on the Kitabisa.com platform. The main focus of this study is how the strategy of packaging narratives, selecting partners, and distributing zakat can increase the effectiveness and donor participation of the campaign. The research method used is a qualitative descriptive approach with interviews with sources from the Seribu Senyum Foundation, beneficiaries, and Kitabisa, as well as data analysis from the Kitabisa.com platform. The study results show that the Seribu Senyum Foundation has succeeded in utilizing emotional and relevant narratives to attract donors to the crowdfunding campaign. Narratives that describe the conditions of converts in the 3T region, as well as transparent documentation, increase donor involvement and trust. The selection of the right distribution partners and the distribution of assistance in the form of necessities according to the needs of the beneficiaries also strengthen the accountability of zakat distribution. This study shows that a zakat-based crowdfunding strategy that combines financial inclusiveness, relevant narratives, and transparent distribution management can optimize Islamic philanthropy. This finding also underlines the importance of innovation in digital zakat management to reach marginalized groups such as converts in the 3T region. Therefore, this study contributes to the literature on crowdfunding strategies in Islamic philanthropy in the digital era.
Copyright (c) 2025 Rizka Dwita Nurhayati https://creativecommons.org/licenses/by-sa/4.0
Analysis Ba’i Al-Salam On The Practice Of Buying And Selling Rejected Sale Products Skincare And Cosmetics Through The Whatsapp Group "Dainty Beauty"
This article aims to analyze the transaction of buying and selling rejected sale products through the whatsapp group "Dainty Beauty". This research focuses on the fulfillment of the principles and conditions of buying and selling as well as the application of a salam contract that uses prepayment with a delivery process at a certain time. Rejected sale products generally have imperfect shape properties or are close to the expiration date. The price offered is also lower, but often the seller does not disclose the product information openly. This will cause losses for both parties and raise questions about the suitability of the practice with the law of buying and selling in Islam. Transparency regarding the condition of the product is necessary to maintain the rights and obligations of both parties. In addition, to provide an option for the buyer to proceed or cancel the transaction. Disclosure of product information will support the values of sharia principles and protect consumers so that they get justice and avoid uncertainty or loss. This study uses a qualitative method by collecting data through observation, interviews, and literature studies. The analysis in this study shows that the buying and selling of rejected sale products must still be in accordance with the principles and conditions of buying and selling to avoid fraud and gharar. Because by fulfilling the legal conditions for buying and selling and the salam contract, this practice can run in accordance with sharia principles.
Copyright (c) 2025 Nathania Alwi Ramdhani, Muh Sholihuddin https://creativecommons.org/licenses/by-sa/4.0
THE ROLE OF ENVIRONMENTAL KNOWLEDGE AND ATTITUDE IN SHAPING THE BEHAVIOR OF SME ACTORS (A MULTI-CASE STUDY IN KEDIRI CITY)
Abstract: In Indonesia, Small and Medium Enterprises (SMEs) make up approximately 99% of the total businesses and absorb 97% of the workforce, making SMEs a key contributor to the economic sector. However, the waste produced by SMEs is also considerable when compared to large-scale businesses. Research discussing the environmental impact of SME economic activities is still very limited, despite the importance of the relationship between SMEs and the environment as a critical issue to study. The aim of this study is to obtain an in-depth and holistic description of the knowledge, attitude, and production behavior of SME actors regarding environmentally conscious production. This research is qualitative in nature. Three data collection procedures will be used in this study: interviews, observations, and documentation. Based on the analysis conducted, the research findings are: (1) business owners have limited knowledge of environmentally conscious economics; (2) SME owners have a positive attitude towards environmentally conscious business practices; (3) some SMEs still use raw materials harmful to the environment and do not engage in waste management. Keywords: Knowledge, Attitude, Environmentally Conscious Behavior Abstrak: Di Indonesia, jumlah pelaku Usaha Kecil dan Menengah (UKM) sekitar 99% dari total perusahaan/usaha yang ada di Indonesia dan menyerap 97% tenaga kerja sehingga UKM memainkan peran penting memberikan konstribusi di sektor ekonomi. Namun, limbah yang dihasilkan oleh UKM juga tidak kalah besar jika dibandingkan dengan usaha skala besar. Penelitian yang membahas dampak aktivitas ekonomi dari UKM terhadap permasalahan lingkungan juga masih minim sekali. Padahal, antara UKM dan lingkungan merupakan permasalahan yang penting untuk diteliti. Tujuan dari penelitian ini adalah untuk memperoleh deskripsi secara mendalam dan holistik tentang pengetahuan, sikap, perilaku produksi yang dimiliki oleh pelaku UKM tentang produksi berwawasan lingkungan. Sehingga penelitian ini merupakan penelitian kualitatif. Ada tiga prosedur pengumpulan data yang akan digunakan dalam penelitian ini, yaitu: wawancara, observasi, dan dokumentasi. Berdasarkan analisis yang telah dilakukan, temuan penelitian adalah (1) pengusaha memiliki pengetahuan yang terbatas tentang ekonomi berwawasan lingkungan. (2) pemilik UKM memiliki sikap yang setuju/mendukung terhadap usaha yang berwawasan lingkungan. (3) masih terdapat UKM yang mengunakan bahan baku yang membahayakan lingkungan dan tidak melakukan pengolahan limbah. Kata Kunci: Pengetahuan, Sikap, Perilaku Berwawasan Lingkungan
MANAGEMENT AND DEVELOPMENT MODEL OF VILLAGE-OWNED ENTERPRISES IN ISLAMIC ECONOMIC STUDIES
Abstrak: Kajian ini bertujuan untuk merumuskan model ideal pengelolaan dan pengembangan Badan Usaha Milik Desa (BUMDes) berbasis ekonomi Islam. Hal ini didasarkan adanya amanat Undang-Undang untuk membangun perekonomian desa melalui institusi BUMDes, namun selama ini eksistensi BUMDes belum berjalan sesuai dengan harapan dan hanya terkesan sebagai lembaga politik ekonomi di tingkat pemerintah desa. Padahal, pemerintah dan masyakat desa memiliki beban berat untuk menjalankan BUMDes di tengah masyarakat desa dalam rangka memberikan pengembangan di sektor perekonomian. Dalam ekonomi Islam, pengelolaan dan pengembangan BUMDes memiliki esensi pada terealisasinya nilai kesejahteraan, keadilan, dan pemerataan. Kajian ini merupakan kajian kualitatif melalui studi lapangan dari data observasi, wawancara, dan dokumentasi dengan metode deskriptif dan content analysis sebagai metode paparan dan analisis data. Temuan dalam kajian ini menunjukkan bahwa pengelolaan dan pengembangan BUMDes di lapangan masih mengedepankan pola pengelolaan berbasis lokalitas, metode pengembangan konvensional dan terlihat belum maksimalnya sinergisitas para stakeholder di tingkat desa. Sementara ekonomi Islam melalui esensi tujuan syariat (maqashid syari’ah) dapat dijadikan landasan dalam pengelolaan dan pengembangan BUMDes. Kata kunci: Ekonomi Islam, BUMDes, Maqashid Syari’ah. Abstract: This study aims to formulate an ideal model of management and development of Village-Owned Enterprises (BUMDes) based on Islamic economics. This is based on the mandate of the Law to develop the village economy through the BUMDes institution, but so far the existence of BUMDes has not run as expected and only seems to be a political economic institution at the village government level. In fact, the government and village community have a heavy burden to run BUMDes in the middle of the village community in order to provide development in the economic sector. In Islamic economics, the management and development of BUMDes has the essence of realising the values of welfare, justice and equity. This study is a qualitative study through field studies from observation, interview, and documentation data with descriptive methods and content analysis as methods of data exposure and analysis. The findings in this study show that the management and development of BUMDes in the field still prioritise locality-based management patterns, conventional development methods and there is no maximum synergy of stakeholders at the village level. Meanwhile, Islamic economics through the essence of sharia objectives (maqashid shari'ah) can be used as a foundation in the management and development of BUMDes. Keywords: Islamic Economics, BUMDes, Maqashid Shari’ah.
THE INFLUENCE OF ISLAMIC BANKS, ISSI AND SBSN FINANCING ON INDONESIA'S GROSS DOMESTIC PRODUCT
Abstract: The purpose of this study is to find out how financing, ISSI and SBSN affect gross domestic product. The results of this study are expected to be useful for the government and industry players in Indonesia in knowing the picture of the state of the financial sector and formulating policy strategies in the future so as to create high and stable real sector growth to be able to encourage economic growth in Indonesia. The results of the study show that: 1) The influence of Islamic Banking Financing has no effect on GDP. 2) ISSI has no influence on GDP. 3) SBSN has no significant influence on GDP. 4) Sharia, ISSI, and SBSN banking financing simultaneously have an influence on GDP. Keywords: Influence of Financing, ISSI, SBSN, PDB, Sharia Banking Abstrak: Tujuan penelitian ini adalah untuk mengetahui bagaimana pembiayaan ISSI dan SBSN terhadap produk domestik bruto. Hasil penelitian ini diharapkan dapat berguna bagi pemerintah dan pelaku industri di Indonesia dalam mengetahui gambaran keadaan sektor keuangan serta merumuskan strategi kebijakan pada masa yang akan datang sehingga menciptakan pertumbuhan sektor riil yang tinggi dan stabil untuk dapat mendorong pertumbuhan ekonomi di Indonesia. Hasil penelitian menunjukkan bahwa: 1) Pengaruh Pembiayaan Perbankan Syariah tidak memiliki pengaruh terhadap PDB. 2) ISSI tidak memiliki pengaruh terhadap PDB. 3) SBSN tidak memiliki pengaruh signifikan terhadap PDB. 4) Pembiayaan perbankan Syariah, ISSI, dan SBSN secara simultan memiliki pengaruh Terhadap PDB. Kata Kunci: Pengaruh Pembiayaan, ISSI, SBSN, PDB, Perbankan Syariah
THE IMPACT OF FOOD PRICES CONTROL POLICIES ON COMMUNITY PURCHASING POWER ISLAMIC ECONOMIC REVIEW
Abstrak: Harga merupakan faktor utama dalam proses tawar menawar antara pembeli dengan penjual. Oleh karena itu harga merupakan salah satu aspek yang harus diperhatikan oleh pemerintah supaya tidak terjadi kenaikan harga yang dapat menimbulkan gejala sosial di kalangan masyarakat. Islam sangat konsentrasi pada masalah keseimbangan harga, terutama peran negara dalam mewujudkan kestabilan harga dan bagaimana mengatasi masalah ketidakstabilan harga. Tujuan penelitian ini adalah untuk mengetahui kebijakan yang dilakukan pemerintah terhadap daya beli masyarakat. Jenis penelitian ini adalah desktriptif kualitatif. Sumber data berasal dari wawancara dengan dinas perdagangan, pedagang pasar, dan masyarakat. Hasil penelitian ini menunjukkan bahwa pengendalian harga bahan pangan agar tetap stabil dengan cara mengimpor dari luar, sehingga bahan pangan tetap tersedia dan pemerintah setempat sudah memberikan kebijakan untuk tetap mencukupi bahan pangan supaya harga tersebut tetap stabil. Untuk mengatasi kenaikan harga bahan pangan, ada beberapa tindakan yang dapat dilakukan pemerintah yaitu melalui upaya jangka pendek dan jangka panjang. Upaya Jangka pendek adalah melakukan impor dari luar daerah dan jangka panjang memanfaatkan potensi yang dimiliki oleh daerah Kabupaten Mandailing Natal. Kata kunci: Kebijakan, Pengendalian Harga, Daya Beli Masyarakat, Ekonomi Islam Abstract: Price is the main factor in the bargaining process between buyers and sellers. Therefore, price is one aspect that must be considered by the government so that there is no price increase that can cause social unrest among the community. The purpose of this study is to determine the policies implemented by the government on people's purchasing power. Islam is very focused on the problem of price balance, especially on the role of the state in realizing price stability and how to overcome the problem of price instability. The research conducted in this study is a type of descriptive research using a qualitative approach. Data sources come from interviews with the trade office, market traders, and the community. The results of this study indicate that controlling food prices to remain stable by importing from abroad, so that food remains available and the local government has provided policies to continue to provide sufficient food so that prices remain stable. To overcome the increase in the price of basic necessities, there are several actions that can be taken by the government, including through short-term and long-term efforts. The short term is by importing from outside the region, but the long term requires a systematic strategy that utilizes the great potential of the Mandailing Natal Regency area. Keywords: Policy, Price Control, Public Purchasing Power, Islamic Economics
ANALYSIS OF THE INFLUENCE OF SOVEREIGN SUKUK FINANCING ON ECONOMIC GROWTH IN INDONESIA
Abstrak: Pasar sukuk telah mengalami pertumbuhan yang pesat, terutama di sebagian besar negara dengan mayoritas penduduk Muslim. Oleh karena itu, Asia Tenggara menjadi pasar sukuk yang paling cepat berkembang di dunia, di mana industri keuangan syariah berkembang pesat di Malaysia, Indonesia, dan Brunei. Berbagai studi menunjukkan bahwa keuangan syariah merangsang pertumbuhan ekonomi. Namun, masih terbatas penelitian murni tentang hubungan antara sukuk dan pertumbuhan ekonomi. Untuk alasan ini, serta sebagai perluasan dari studi mengenai sukuk dan pertumbuhan ekonomi, penelitian ini menganalisis hubungan antara pembiayaan sukuk dan pertumbuhan ekonomi dalam kerangka model pertumbuhan endogen. Penelitian ini secara empiris meneliti dampak pembiayaan sukuk sebagai faktor eksogen terhadap pertumbuhan ekonomi dalam model pertumbuhan endogen. Oleh karena itu, makalah ini adalah yang pertama mengeksplorasi hubungan antara pembiayaan sukuk dan pertumbuhan ekonomi dalam kerangka model pertumbuhan endogen, dan diyakini bahwa penelitian ini akan memberikan kontribusi yang signifikan. Metode penelitian yang digunakan adalah analisis korelasi dan regresi linier sederhana. Dapat disimpulkan bahwa variabel Penerbitan Sukuk Nasional (X) memiliki pengaruh positif terhadap variabel Pertumbuhan Ekonomi (Y) di Indonesia (b = 0,68). Korelasi antara Penerbitan Sukuk Nasional dan Pertumbuhan Ekonomi adalah 0,942. Oleh karena itu, dapat disimpulkan bahwa terdapat korelasi positif dan kuat antara Penerbitan Sukuk Nasional dan Pertumbuhan Ekonomi di Indonesia. Kata kunci: Sukuk, Pertumbuhan Ekonomi, Pembiayaan, Pasar Modal Syariah Abstract: The Sukuk market has experienced massive growth, particularly in most countries with a majority Muslim population. Therefore, Southeast Asia is the world's most rapidly growing Sukuk market, where the Islamic finance industry has flourished across Malaysia, Indonesia, and Brunei. Numerous studies indicate that Islamic finance stimulates economic growth. However, there is limited pure research on the relationship between Sukuk and economic growth. For this reason, and as an extension of Sukuk and economic growth studies, this research analyzes the relationship between Sukuk financing and economic growth within the framework of an endogenous growth model. It empirically investigates the impact of Sukuk financing as an exogenous factor on economic growth in the endogenous growth model. Therefore, this paper is the first to explore the relationship between Sukuk financing and economic growth within the endogenous growth model framework, and it is believed that this research will make a significant contribution. The research method employed is the analysis of correlation and simple linear regression. It can be concluded that the variable of National Sukuk Issuance (X) has a positive influence on the variable of Economic Growth (Y) in Indonesia (b = 0.68). The correlation between National Sukuk Issuance and Economic Growth is 0.942. Therefore, it can be concluded that there is a positive and robust correlation between National Sukuk Issuance and Economic Growth in Indonesia. Kata kunci: Sukuk, Economic Growth, Financing, Islamic Capital Market
CREATING A CIRCULAR ECONOMY IN THE COAL MINING INDUSTRY THROUGH CSR INITIATIVES: A CASE STUDY
Abstrak: Penelitian ini bertujuan untuk menginvestigasi dampak dari Program Eco Agrotomation dalam menciptakan ekonomi sirkular pada PT Bukit Asam Tbk, sebuah Badan Usaha Milik Negara (BUMN) di sektor pertambangan batu bara. Metode penelitian ini melibatkan analisis kualitatif dan kuantitatif, dengan desain penelitian studi kasus pada program Eco Agrotomation yang dilaksanakan oleh PT Bukit Asam Tbk. Data tersebut mencakup evaluasi dampak ekonomi, sosial, dan lingkungan dari program tersebut, baik dari perspektif perusahaan maupun masyarakat lokal yang terlibat. Hasil penelitian menunjukkan bahwa Program Eco Agrotomation telah berhasil menciptakan ekonomi sirkular bagi PT Bukit Asam Tbk melalui empat cara: (1) manajemen limbah yang berkelanjutan, (2) penggunaan sumber daya yang efisien, (3) kolaborasi dan pengembangan sistem, dan (4) pemberdayaan masyarakat. Implementasi sistem otomasi berhasil meningkatkan efisiensi penggunaan air hingga 30%, dengan penggunaan air yang dapat diturunkan dari 238.680 liter per tahun menjadi 183.600 liter per tahun. Selain itu, pemanfaatan air asam tambang dan limbah belt conveyor mampu mengurangi water footprint dan limbah karet pertambangan masing-masing 90.000 liter dan 200 kg per tahun. Di sisi lain, penggunaan Pembangkit Listrik Tenaga Surya (PLTS) mampu menghasilkan listrik sebesar 10.08 kWh per hari, yang setara dengan penghematan biaya listrik sebesar Rp 5.080.320 per tahun. Berkat inisiatif ini, Anggota kelompok rentan mengalami peningkatan pendapatan hingga mencapai Rp 3.500.000 per bulan, setara dengan Upah Minimum Regional. Meskipun demikian, kurangnya integrasi daur ulang produk akhir batubara dalam program ini menjadi potensi yang dapat kembangkan untuk menciptakan lingkaran ekonomi yang lebih luas dan berkelanjutan. Kata kunci: eco agrotomation, keberlanjutan, sirkular ekonomi, tanggung jawab sosial perusahaan Abstract: This study aims to investigate the impacts of the Eco Agrotomation Program in creating a circular economy at PT Bukit Asam Tbk, a State-Owned Enterprise (SOE) in the coal mining sector. The research methodology involves qualitative and quantitative analysis obtained from a case study of the Eco Agrotomation program implemented by PT Bukit Asam Tbk. The data encompass evaluations of the economic, social, and environmental impacts of the program, from both the company's and the local community's perspectives. The findings indicate that the Eco Agrotomation Program has successfully created a circular economy for PT Bukit Asam Tbk through four means: (1) sustainable waste management, (2) efficient resource utilization, (3) collaboration and system development, and (4) community empowerment. The implementation of automation systems has increased water usage efficiency by 30%, reducing water consumption from 238,680 liters per year to 183,600 liters per year. Moreover, the utilization of mine acid water and conveyor belt waste has reduced water footprint and mining rubber waste by 90,000 liters and 200 kg per year, respectively. On the other hand, the use of Solar Power Plants (PLTS) has generated electricity of 10.08 kWh per day, equivalent to cost savings of Rp 5,080,320 per year. These initiatives have increased incomes of vulnerable community up to Rp 3,500,000 per month, equivalent to the Regional Minimum Wage. However, the lack of integration of coal end-product recycling in this program presents potential for further development to create a broader and more sustainable economic cycle. Keywords: circular economy, corporate social responsibility, eco agrotomation, sustainability
ANALYSIS OF THE GLOBAL MUSLIM TRAVEL INDEX (GMTI) APPROACH AS AN EFFORT TO DEVELOP HALAL TOURISM IN THE WILIS RING AREA OF TULUNGAGUNG REGENCY
Abstrak: Perkembangan di sektor pariwisata dari waktu ke waktu menunjukkan tren yang sangat positif terutama dalam upaya pemulihan ekonomi Indonesia pasca pandemi covid 19. Salah satu bukti nyata dengan disusunnya RIPPARDA Tulungagung sebagai acuan dalam pengembangan sektor wisata di selingkar wilis. Penelitian ini bertujuan untuk menganalisis potensi wisata halal pada objek wisata di kawasan selingkar wilis untuk dilakukan pengembangan wisata halal menurut GMTI dengan indikator akcesibilitas, communication, environment, dan services (ACES). Penelitian ini dilakukan dengan pendekatan kualitatif deskriptif dengan penelitian lapangan (field research). Hasil penelitian menunjukkan bahwa 1) kondisi objek wisata selingkar wilis menurut indikator ACES menunjukkan kondisi yang sangat baik. 2) Terdapat potensi yang besar untuk pengembangan objek wisata halal diobjek wisata selingkar wilis. Potensi ini muncul dari aspek kemudahan aksesibilitas berupa infrastruktur pendukung yang sudah sangat baik. Potensi lainnya ditunjukkan dengan hadirnya pengembangan informasi berbasis online melalui sosial media dan youtube. Pada indikator lingkungan menunjukkan dukungan lingkungan yang besar yang bersumber dari pemerintah, masyarakat, dan ekosistem budaya yang sudah mengakar di kehidupan masyarakat di sekitar objek wisata. 3) Upaya pengembangan objek wisata selingkar wilis menjadi objek wisata halal dilakukan dengan pengembangan wisata berbasis ecotourism dan smart halal tourism dengan menyusun roadmap pengembangan wisata halal dan menyiapkan sarana pendukung lainnya, termasuk inovasi kegiatan tahunan yang dikemas lebih komersial dengan berbasis smart halal tourism. Kata kunci: GMTI Indicators, The development of halal tourism. Abstract: The development in the tourism sector over time shows a very positive trend, especially in the efforts to recover Indonesia's economy post the COVID-19 pandemic. One concrete evidence is the formulation of RIPPARDA Tulungagung as a reference in the development of the tourism sector around the Wilis mountain range. This research aims to analyze the potential of halal tourism at tourist attractions in the Wilis mountain range area for the development of halal tourism according to GMTI with indicators of accessibility, communication, environment, and services (ACES). The research uses a qualitative descriptive approach with field research. The results of the research show that 1) the condition of tourist attractions around the Wilis mountain range according to the ACES indicators indicates a very good condition. 2) There is great potential for the development of halal tourist attractions in the Wilis mountain range. This potential arises from the aspect of accessibility, such as well-established supporting infrastructure. Another potential is indicated by the presence of online information development through social media and YouTube. On environmental indicators, there is strong environmental support from the government, society, and cultural ecosystems that are deeply rooted in the lives of the community around the tourist attractions. 3) Efforts to develop tourist attractions around the Wilis mountain range into halal tourist attractions are carried out by developing ecotourism-based tourism and smart halal tourism by formulating a roadmap for the development of halal tourism and preparing other supporting facilities, including annual activities that are commercially packaged based on smart halal tourism. Keywords: GMTI Indicators, The development of halal tourism.
THE INFLUENCE OF LITERACY MODERATION VARIABLES ON SAVING PREFERENCES IN ISLAMIC BANK (Case Study of Yogyakarta Islamic Bank Customers)
Abstrak: Tujuan penelitian ini adalah untuk menganalisis pengaruh variabel moderasi literasi terhadap preferensi menabung di bank syariah dengan mengembangkan theory of planned behavior. Penelitian ini menggunakan sampel 250 responden masyarakat Yogyakarta. Metodologi menggunakan metode kuantitatif berlandaskan pada filsafat positivism, digunakan untuk membuat generalisasi sampel dari populasi tertentu, pengumpulan data menggunakan instrumen penelitian kuesioner dengan alat ukur skala likert, analisis bersifat kuantitatif untuk menguji hipotesis yang telah ditetapkan. Metode analisis dalam penelitian ini menggunakan Structural Equation Modeling (SEM) yaitu analisa data yang menggambarkan hubungan struktural yang diekspresikan oleh seperangkat persamaan dengan menggunakan software SmartPLS 3.0. Hasil analisis menyatakan bahwa variabel sikap tidak berpengaruh terhadap niat perilaku preferensi menabung di bank syariah. Sedangkan variabel norma subjektif dan kontrol perilaku persepsian berpengaruh positif signifikan terhadap variabel niat perilaku preferensi menabung di bank syariah. Berdasarkan hasil penelitian ini juga menyatakan bahwa variabel literasi mampu memoderasi niat terhadap perilaku preferensi menabung di bank syariah. Kata kunci: TPB, Preferensi, Perilaku, Menabung, Bank Syariah Abstract: The aim of this research is to analyze the influence of the literacy moderating variable on savings preferences in Islamic banks by developing a theory of planned behavior. This research used a sample of 250 respondents from the people of Yogyakarta. The methodology uses quantitative methods based on the philosophy of positivism, used to generalize samples from certain populations, data collection uses questionnaire research instruments with Likert scale measuring instruments, quantitative analysis to test predetermined hypotheses. The analysis method in this research uses Structural Equation Modeling (SEM), namely data analysis that describes structural relationships expressed by a set of equations using SmartPLS 3.0 software. The results of the analysis state that the attitude variable has no effect on the behavioral intention of saving preferences in Islamic banks. Meanwhile, subjective norm variables and perceived behavioral control have a significant positive effect on the behavioral intention variable of saving preferences in Islamic banks. Based on the results of this research, it is also stated that the literacy variable is able to moderate intentions towards saving preference behavior in Islamic banks. Keywords: TPB, Preferences, Behavior, Savings, Islamic Banking