Authors:Elfira Maya Adiba, Faizal Amir Abstract: The existence of regulations on halal certification for all food and beverage products in Indonesia in 2024 has prompted regulators to start inviting MSMEs to register for halal certification. In fact, MSMEs that already have halal certification are still limited. Research on the effect of religiosity and halal literacy on consumer buying interest in halal products has been carried out a lot. Research on the interest of producers for halal certification is still limited, especially using the variables of religiosity and halal literacy as predictors. The purpose of this study is to ascertain whether religious affiliation and knowledge of halal regulations might predict or affect MSME interest in halal certification. This research is a quantitative research. The primary data was collected from MSMEs in Bangkalan which were then processed using logistic regression. The results of the study show that religiosity and halal literacy have no effect on the interest of MSMEs to register for halal certification. PubDate: 2023-08-28 DOI: 10.22219/jes.v8i2.24192 Issue No:Vol. 8, No. 2 (2023)
Authors:Ahmad Mardalis, Yuniar Shanti Dwi Nugraheni, Minhayati Saleh Abstract: Lazismu plays a role in the management and distribution of zakat, infaq, and shodaqoh funds under the Muhammadiyah parent organization. A good organizational culture can build good employee characteristics, so that it can make Lazismu's image more trusted by the public. Through this research an analysis of the organizational culture of Lazismu Solo was carried out using the Competing Values Framework and Organizational Culture Assessment Instrument approaches. The sampling technique used is non-probability sampling based on a saturated sample with the entire population of 35 employees at Lazismu. This study uses primary data taken through the distribution of OCAI questionnaires and tabulated with Microsoft Excel. The results of this study indicate that the organizational culture that is currently developing in Lazismu Solo is dominated by clan culture with an average score of 32. The current clan culture shows that Lazismu Solo has a friendly and welcoming workplace environment like a big family. PubDate: 2023-08-27 DOI: 10.22219/jes.v8i2.24918 Issue No:Vol. 8, No. 2 (2023)
Authors:Izzani Ulfi, Zera Zuryana Idris, Tjiptohadi Sawarjuwono, Achsania Hendratmi Abstract: The linkage between formal and informal credit markets has contributed to the existence of moneylenders’ practice. The purpose of this paper is to systematically examine the patterns in the scientific literature on the issue of informal moneylenders. It analyses the existing research works related to the issues of informal moneylending practices to map out the extent to which the issues have been discussed and identify room for future research agenda. Using a scientometric approach and critical review, this study finds new keywords in recent studies such as payday loans, financial literacy, sustainable development, empowerment, and financial knowledge and the association of the issue in Islamic studies. The findings of this paper should serve as guidance for the prospective researchers to embark on new research ideas with regard to informal moneylenders practices as well as promoting the significance of Islamic financial institutions. PubDate: 2023-08-25 DOI: 10.22219/jes.v8i2.25221 Issue No:Vol. 8, No. 2 (2023)
Authors:Amelia Pratiwi, Tri Verani, Asyarf Rayhan Pages: 32 - 46 Abstract: This study seeks to identify and compare descriptively the factors that influence the likelihood of financial distress in Indonesian and Malaysian Islamic banking. This study selected some variables and standard ratio values based on the Bankometer model such as Islamic banks’ capital adequacy, leverage level, credit risk, efficiency, and liquidity. The financial ratio data collected from published financial reports from five Indonesian Islamic banks and four Malaysian Islamic banks then analyzed using binary logistic regression. The results indicate that during the observation periods, the capital level (CA and CAR), leverage level (EA), and credit risk (NPF) of Islamic banking in Indonesia and Malaysia met the Bankometer standard. Meanwhile, the liquidity level (LA) of Islamic banks in both countries slightly exceeded the Bankometer's maximum standard, especially before the pandemic period. The findings in this study may enrich the discourse on the factors that trigger possible financial distress in Islamic banking by collaborating with the Bankometer model and binary logistic regression. PubDate: 2023-08-29 DOI: 10.22219/jes.v8i2.27973 Issue No:Vol. 8, No. 2 (2023)
Open Access journal
