IKONOMIKA: focused on primary studies: Islamic management, Islamic finance, Islamic Accounting, Islamic banks, and halal markets, has initiated the development of global economic advantages. Islamic based economics could not be seen as independent variable standing on side-by-side with conventional economic system. Ikonomika Journal of Islamic Economics and Business is dedicated to provide an intellectual space of scholarly discussion how the Islamic economics able to create the new global formation of Islamic economics, business and similar issues.
ABSTRACT The purpose of this paper is to present a concept inherent in Islam can be applied on the training. Training plays an important role in the organization without it the organization find difficulty to stay competitive in recent global world.Ongoing training is very important in an organization in order to compete and maintain excellent performance. This paper attempts to look at the concept and how to practice from the viewpoint of Islam. The study examines three concepts related to training (Itqan, al-Falahand Ihsan) and the principle of education Islam (Taâdib) relating to the training. Â Keywords: Concept of the training, principle of education Islam relating to training.
ABSTRACTThe variables used in this research are the role of audit committee and internal audit as the dependent variables and the implementation of good corporate governance as the independent variable. This research employs a purposive sampling to determine the samples based on certain criteria and 3 (three) Sharia banks are obtained since they have met the pre-determined criteria. The primary data are obtained through questionnaires distributed to 43 employees of Audit Committee, Internal Auditor, and GCG as the respondents. This research employs a Multiple Linear Regression Analysis as its technical analysis. The results of this research show that the role of audit committee positively and significantly influences the implementation of good corporate governance.Â Keywords: Audit Committee, internal audit, implementation of Good Corporate Governance
ABSTRACTThe purpose of this study is to analyze the influence of religiosity on the saving interest at Islamic Banking with the knowledge of the people as the moderator variable. This study was held at Tanggerang Selatan. The methods that is used to gather samples for this study is non-probability sampling and with the technique convenience sampling. The respondents in this study are the people of South Tanggerang City who saves their money at Islamic Banking, there are 100 respondents in total. The data gathered through questionnaire as the methods of survey. The data that are gathered then processed using multiple linear regression with interaction test (moderated regression analysis). The result of this study shows that there is significant influence between religiosity and the saving interest at Islamic Banking. the knowledge of the people and the saving interest at Islamic Banking also shows significant influence. The interaction between religiosity and knowledge as the moderator variable giving significant influence on the saving interest at Islamic Banking at the rate of significance bellow 0.05 or 5%.Â Keywords : Religiosity, The Peopleâs Knowledge, saving interest at Â Â Â Â Â Â Â Islamic Banking
ABSTRACTPT Bank BNI Syariah, one of them working are a big banking company is almost covering all over the country until now looked at Â pretty good company asset which are owned, so author conduct research in the title âFinancial Performance PT Bank BNI Syariah in Solvability Ratioâ. Financial Statement Analysis is aplication from tools and technical analysis financial report general aim and data to be related and estimation produce useful conclutions in business analysis. Financial Performance Analysis research used analysis methode is solvability ratio. General aim to give information finance performance PT Bank BNI Syariah development. Â Special goals is finance performance PT Bank BNI Syariah from Solvability Ratioâ. This Sample is: PT Bank BNI Syariah. Final result which is research obtained it says finance performance Â PT Bank BNI Syariah from Solvability Ratio quite solvable, because this three point inside it contained increased. Â This development hope PT Bank BNI Syariah, to be remain consistent with trying to do breakthrough a company goalsÂ Key WordsÂ :Â Financial Performance PT Bank BNI Syariah
The existence of financial intermediation institution is quite necessary to support the economic activity. It serves both surplus unit and deficit unit to meet their wants whereby the former wants to invest his money in the lack of skill, while the latter wants to develop their businesses but does not have adequate capital. Bank institution is the most common institution serving the peopleâs need of financial intermediation. However, bank has several weaknesses that may harm and hamper the economic development. This paper aims to explore the weaknesses of banks as financial intermediary institutions and then promote Islamic Private Equity Fund as alternative. The result showed that the weaknesses of banks are: 1) fractional reserve banking, 2) fiat money, 3) debt-based investment, 4) risk averse. Furthermore, the study also found that Islamic Private Equity Fund can serve as an ideal financial intermediary institution due to some strengths: 1) no fractional reserve banking, 2) equity-based investment and 3) risk taker
Abstract-This paper aims to study the relationship between stock market returns and exchange rates in emerging stock markets including Malaysia, Singapore, Thailand, Indonesia and Philippines. The data is taken from January 2003 to December 2012 using weekly closing indices and separated in two periods; before (2003-2007) and second, after (2008-2012) the financial crisis of 2008. Johansen-Juselius (JJ). Granger causality tests show that unidirectional causality exists between the stock market returns and exchange rates for Thailand before the financial crisis, whilst, for Indonesia and Singapore, the unidirectional causality between the two variables is detected in the period after the financial crisis. Error Correction Model (ECM) indicates the existence of long run causality between the two variables for Philippines. This study also finds that most of the emerging stock markets are informationally inefficient.
The aim of this study was to obtain empirical evidence about the difference between the level of risk when investing stocks in the Islamic and conventional by using Value at Risk (VaR). The object of research including consistent stock in the Jakarta Islamic Index and LQ45. The analytical method used in this research is quantitative analysis consisting of the establishment of the optimal portfolio by Markowitz method, calculation of VaR and testing the differences with Independent sample t-test. This study indicated that the value every stock can be reduced by diversifying through the establishment of an optimal portfolio. Based on the calculation Independent sample t-test, it is known that there is no difference between VaR of Islamic stocks and conventional stocks.
Abstract-Investment is needed by a person to add to the source of its income in order to cover the necessities of life is very urgent that can not be fulfilled from daily earnings , in addition, there are reasons for someone to invest among others to profit as much as possible , future security, protect profits , earn passive income, realizing the desire to achieve the goal hereafter.Someone who would invest let the terms and conditions that are prohibited and which are allowed to invest in making it useful for her to the world and the hereafter, as contained in the Koran, hadith, Consensus and qiyas. Islam strongly encourages people to invest, it is motivated by the doctrinal foundation of the order to pay Zakat for people who have assets that are not productive (idle assets), otherwise productively managed assets are not subject to the obligation of zakat. The new Zakat shall be levied on the results that have been obtained through these investments.
Abstract-This study aims to analyze the influence of customer satisfaction on brand loyalty soap sapokalinus PT BRATACO Bandung. This research is a descriptive study. The study population was a chemist who buy soap sapokalinus PT BRATACO Bandung in the past year. Sampling using Slovin formula, then the sample in this study were 70 respondents. The sampling technique used is the technique of random sampling. The type of data used are primary data and secondary data. Data collection techniques used were questionnaires. Data analysis techniques are simple regression analysis. Hypothesis testing using t test (t-test). The results showed that customer satisfaction significantly influence brand loyalty.
The emergence of Islamic banking system has had a huge impact on the financial industry. This research attempts to identify the influential factors that are associated with Islamic banking adoption between the Muslim and non-Muslim populations in Sarawak, Malaysia. With the âadoption of Islamic bankingâ as the dependent variable, this study studies its relationship with seven independent variables. They are, four attributes of innovation, namely; 1) relative advantage, 2) compatibility, 3) observability and 4) complexity, and three additional variables namely; 5) perceived risk, 6) perceived trust and 7) customer innovativeness. A convenient sampling method is used whereby a questionnaire is administered to 436 respondents in Sarawak, Malaysia. Using the logistic regression method, three factors; 1) compatibility, 2) relative advantage/observability and 3) complexity are found to have significant relationship with customersâ adoption of Islamic banking products and services.