Falah: Jurnal Ekonomi Syariah

Determinant Factors to become a Customer of Sharia Multifinance Companies among Indonesian Muslims

Rini Fatma Kartika, Ali Idrus, Ade Suherlan — Fri, 16 Aug 2024 00:00:00 +0700

Sharia multifinance companies are one of Indonesia's Islamic non-bank financial industries that also utilize technological advances to facilitate people who want to apply for Islamic financing online. This study aims to analyse to analyze the determinants of awareness and intention of Indonesian muslim to become a customer of sharia multifinance companies. This study was quantitative by using questionnaire as the method of collecting data which distributed to a total of 418 respondents. The data analysed by using structural equation models with Smart PLS software. The results of this study found that religious commitment, awareness and reputation have a positive and significant impact on the intention to become a customer of sharia multifinance companies. The results of this study contribute to increase the understanding of sharia multifinance companies on the awareness and intention of Muslim in Indonesia to become their customer.

Determinants of Islamic and Conventional Banking Insolvency Risk in Indonesia

Fitriyatustany Fitriyatustany, Mohammad Iqbal Irfany, Tita Nursyamsiah — Sat, 31 Aug 2024 00:00:00 +0700

The insolvency risk has an important part in the development and sustainability of the banking industry. The fall in financial parameters due to the Covid-19 outbreak suggests that banks are at risk of insolvency. The study aims to detect and assess developments in insolvency risk in Islamic and conventional banking between 2018 and 2023. The methods used were Z-score, X-score, G-score, and panel data regression. The results indicate that internal factors, namely Loans to Assets at the Top Four Conventional Commercial Banks (BUK), Cost Income Ratio at BUK, Income Diversity, and Total Assets at Islamic Commercial Banks (BUS), have a significant negative effect on the Z-score value. External factors, namely Gross Domestic Product at BUS and BUK, have a substantial negative effect, and Interest Rates at BUK have a significant positive effect on the Z-score value. Islamic and conventional banking must preserve the bank's health by increasing capital, retaining factors important to the Z-score, and conducting additional research with more diversified variables and objects to improve efficiency and stability. A more thorough theoretical model for recognizing and controlling insolvency risk in both kinds of banking can be created using these insights. The article’s conclusions can help Indonesian banks create more effective risk management plans.

Islamic Banking Stability: A Bibliometric Analysis

Muhammad Ichsan Adnan, M. Shabri Abd Majid, Eddy Gunawan — Sat, 31 Aug 2024 00:00:00 +0700

The rapid evolvement and higher stability of Islamic banking institutions across the global Muslim world as compared to their conventional banking industry has attracted more researchers to explore Islamic banks as one of the viable financial institutions to the existing unstable global financial system. This study intends to analyze descriptively the trends of research on the theme of Islamic banking stability. This study using bibliometrics analysis collected from published articles in international reputable journals indexed in the Scopus database over the period from 2010 to 2020. To analyze the selected articles used VOSviewer software and microsoft excel spreadsheet from publish and perish database using the keywords of Islamic bank, bank stability, and Islamic banking stability. The result found that there were an increasing number of articles published on the topic. This study recorded 175 articles on the topic, authorized by 149 authors from different countries, and published in 103 international reputable journals. These findings showed that the topic of Islamic banking stability has become one of the important issues of global financial stability. This study contributes to the field of Islamic finance by mapping the existing studies on the Islamic banking stability and enrich the literature in the discourse of Islamic banking stability.

The Influence of Regulations, Religiosity and Literacy on willingness to pay for Zakat of Professional Civil Servants in the Ministry of Religion of East Java Province

A'rasy Fahrullah, Nur Ziyadatun Nikmah, Abdullah Azzam Robbani — Sat, 31 Aug 2024 00:00:00 +0700

This study aims to determine the effect of regulation, religiosity and zakat literacy on compliance to pay professional zakat of ASN Regional Office of the Ministry of Religion of East Java Province. This research uses a quantitative approach with non-probability sampling technique with purposive sampling method. Research data were taken from primary sources through direct distribution of questionnaires and through google form to respondents. The results of partial test through SPSS found that the regulation, religiosity and zakat literacy has a significant effect on the willingness of Apparatus to pay professional zakat. Further, the results of simultaneous test found that the variables of regulation, religiosity, and zakat literacy have a significant effect on compliance in paying professional zakat. This finding contributes to the development of a more comprehensive theory of zakat compliance, which combines psychological, spiritual, and institutional aspects to support zakat institutions’ performance.

The Effect of Transparency and Accountability on Muzakki's Trust in the Amil Zakat Institution: Case Study on the Ash Shohwah Social Charity Foundation Malang

Hannysa Rohmatul Sholihah, Arif Luqman, Rahmad Hakim — Sat, 31 Aug 2024 00:00:00 +0700

The purpose of this study was to determine the influence of transparency and accountability of financial reports on muzakki’s trust in the Amil Zakat Institution, Ash-Shohwah Malang Social Charity Foundation. The method in this research uses a quantitative by applying a questionnaire to 100 respondents who are permanent muzakki from 2020-2023 at the Amil Zakat Institute, Ash-Shohwah Social Charity Foundation Malang. The sample od this study was purposive sampling and hypothesis testing and analysing by the SmartPLS 4.0 tool. The results found that the transparency variable had a significant effect on muzakki's trust in the Amil Zakat Institution, Ash Shohwah Social Charity Foundation, Malang. The accountability variable has a significant effect on muzakki's trust in the Amil Zakat Institution, Ash Shohwah Social Charity Foundation, Malang. This study contribute to the cooperation between zakat management institutions, educational institutions, and stakeholders to increase the willingness to pay for zakat donator to zakat institutions.