Jurnal Ekonomi

Abstract

The cooperative is a financial institution that is easily accessible by the community, by providing small-scale capital assistance to lower middle-class society, on the other hand, the spirit to use the Islamic financial system, making Baitul Mal Wat Tamwil become the middle ground. This research was conducted to find out the description of the role of Baitul Mal Wat Tamwil (BMT) in the Muhammadiyah Kebayoran Baru Business Charity, This research used a qualitative descriptive method, the research started from collecting secondary data and then completed with open interview data to respondent like Management and Cooperative Member Branch of Muhammadiyah Kebayoran Baru. The conclusion obtained is the role of cooperatives in very good and there is a discourse to use the system of sharia in the cooperative Sinar Surya.

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Abstract

This research aims to determine how the claims process of life insurance group at PT. Asuransi Syariah Keluarga Indonesia and the cause of postponed and rejected claims. Type of the research used descriptive qualitative research. The result of the  research showed that in general there are four claims process, notification process, evidence of  claim document, claim investigation and claim settlement. Those four processes that PT. Asuransi Syariah Keluarga Indonesia applied are simple and easy. The claim investigation conducted if at the time of verification found irrelevant data. The cause of the postpone claims is the lack of documents that the institution gave to the insurance company, so the claim must be postponed until the file is completed at a predetermined time. The cause of the claim being rejected is the policy status is not active, the participant is not a member, contravene “utmost good faith” principle, etc.

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Abstract

The State compiles a variety of planning that aims to realize the prosperity evenly. In the concept of BaitulMaal, it is a balanced budget. The concept that emphasizes the balance between the budget accepted by the budget issued. Thus, Islam allows the debtor but does not recommend. In the management of State finances, the Messenger as the leader is always trying to implement policies aimed at kemashlahatan of the Muslims. Abu Ubaid in Al-Amwal, who explained that the distribution of wealth in a fair and equitable should be based on the principles of good fiscal justice and perfect as possible. One of the biggest sources of funding over the financing of all government spending gained at this time is through taxes. In Indonesia, it is the backbone of the tax revenue of the State. Therefore, in order for tax not incriminating peng in the community than the Government of Indonesia to make related the poll rules. The existence of such a regulation is expected to appropriate tax proportional voting so that no one is harmed. Therefore, the Government of Indonesia sought to maintain the principle of fairness in the poll tax, namely by improving tax laws if found weaknesses in it. However, improvements for the sake of improvement Government Indonesia has done is not bearing fruit, even saw unfairly. So from this, it takes an alternative rule that can manifest justice in society. This research uses a type of research literature (library research) with the theoretical approach. This research study using the method of analysis and critique of the study research. This research using primary and secondary data.  Methods of data analysis, using inductive techniques descriptive.  The results of this research is the essence of thought Abu Ubaid on managing the finances of the State. This can be substantiated after review paradigm revenue from public ownership and State As like, sadaqah, kharaj, ‘ fa’i, ursy and khumus zakat, Jizya, and others that are tied to the halal-haram defined by Sharia law.

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Abstract

Scientific integration in higher education has an effect on graduate competency. Therefore universities must be able to develop the competencies of the students, so the students are able to have competitiveness at the national, regional and global levels.

This article strengthens the concept of science integration initiated by Muslim intellectuals such as Seyyed Hossein Nasr, Syed Naquib Al-Attas, about, Rozi Al-Faruqi, Islamization of Knowledge: General Principles and Workplan. Kuntowijoyo, Science: Epistemology, Methodology, and Ethics. Maskuri Abdillah, scientific integration and its implementation in study and learning. M. Atho Mudzhar, Scientific Integration, Integration of Islamic Sciences and General Sciences. Mulyadi Kartanegara Islamization of Science, Integration of Science in the Philosophy Perspective of Science: A Holistic Reconstruction. Masri Elmahsyar Bidin, Integration of Religious and General Sciences: Finding the Format of Islamization of Science. Norazmi Anas, the Integration of Knowledge in Islam: Concept and Challenges, Universiti Sultan Zainal Abidin. Mohamed Aslam Haneef, et.al, The Effectiveness of the Integrated Curriculum: The Case of the International Islamic University of Malaysia. Rosnani Hashim, the research title is Higher Education Curriculum Development for Islamization of Knowledge. Mustafa Omar Mohammed, Integrating Al-Turath al-Islam to Modern University Curriculum: Issues and the Need for a Benchmark. Nurlena Rifa’i, Integration of Science in the Preparation and Development of Curriculum at Indonesian State Islamic Universities. Suwendi, Islamization of Science: Study of the Concepts and Practices of Education Syed Muhammad Naquib Al-Attas. Edwin Syarif, Islamization of Science at Syarif Hidayatullah State Islamic University Jakarta.

The method of this research uses evaluative methods, namely the type of research that aims to evaluate and look for answers about achieving goals that have been determined and outlined previously. In this context, the use of evaluative methods is intended to evaluate the implementation of the integration of knowledge applied to the Sharia Banking Management study program. Data was also explored through documentation and observation studies. Data analysis using data collection techniques carried out through search collects and analyzes primary and secondary data sources.

The integration of knowledge in the Sharia Banking Management study program influences the competency of graduates produced, the graduates produced not only have the competence (soft skills) of the theoretical concepts of Islamic banking but also understand the operations of Islamic banking (hard skills) work.

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Abstrak

Praktek dari ekonomi Islam kontemporer yang paling diminati masyarakat adalah industri keuangan perbankan syariah. Perkembangan perbankan syariah yang cukup signifikan ditahun 2018 ini, diharapakan dapat menampakkan jati dirinya di mata dunia Internasional, bahwa perbankan syariah adalah sistem keuangan yang adil dan menguntungkan, serta membawa kemaslahatan dan kesejahteraan umat manusia. Dalam kerangka maqashid syariah, maka perbankan syariah dalam operasionalnya menganut maqashid ammah dan khashah. Manusia tidak diwajibkan untuk memenuhi ketiga tingkatan kebutuhan (maqashid primer, sekunder, tersier), tetapi hanya memenuhi dengan baik kebutuhan dasar (primer/dharruriyyat), yaitu pemenuhannya harus diusahakan dengan cara-cara yang baik, benar, dan halal. Maka adapun maqashid ammah dharuruyat dalam maqashid khashah operasional perbankan syariah adalah: Hifzh al-Din fi al-Dhururiyyat, dengan pedoman al-Qur’an dan hadis serta fatwa DSN. Hifzh al-Nafs fi al-Dhururiyyat, transaksi akadnya secar psikologis dan sosiologis menuntun manusia saling menghargai dan menjaga. Hifzh al-Aql fi al-Dhururiyyat, transaksi para pihak dituntut harus selalu transparan. Hifzh al-Maal fi al-Dhururiyyat, transaksi hanya dalam koredor yang halal secara hukum dan syariat, juga adanya zakat sebagai ketaatan terhadap syariat. Hifzh al-Nasl fi al-Dhururiyyat, transaksi halal akan menghasilkan keuntungan yang halal, akan berdampak baik bagi keluarga dan keturunan yang dinafkahi.

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Abstract

The obligation to provide compensation in civil law (Muamalah) and criminal (Jinayah) based on the formula in the Qur’an, al-Hadith and Ijma ‘Ulama. The implementation of Ta’widh (compensation) can be included in the discussion of civil law (muamalah) and criminal law (jinayah). The purpose of this study is to find out the concept of compensation in the perspective of Islamic law and its implementation in muamalah contract. The theoretical framework used is Maqashid al-Syarî’ah. While the research method used is the Normative Juridical method, namely the method of legal research carried out by examining library research. The research approach used is the Comparative Approach. This study concludes that the implementation of compensation is very broad because it can enter the realm of muamalah (civil) and jinayah (criminal), in contrast to the decision of the fatwa of the Indonesian Ulama Council (MUI) Number 43 of 2004 concerning Compensation (dhamân / ta’wîdh), where compensation can only be applied to transactions (contracts) that cause debt (dain), such as Salaam, Istishnâ ‘, Murâbahah and Ijârah.

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Abstract

The aims of this research is to analyze the influence of sharia financing by the real sector through micro, small, and medium enterprises (SMEs), the influence of capital adequacy (CAR), efficiency (BOPO) and the influence of Non Performing Financing (NPF) of Islamic Banking in Indonesia to earn profit in the period 2013-2017 per-quarter. This research using panel data regression method. The result shows that the Capital Adequacy Ratio (CAR) has no effect on profitability (ROA), while SMEs, Efficiency (BOPO) and Non- Performing Financing have a negative and significant effect on the probability of sharia banking.

Keywords: Profitability (ROA), Capital Adequacy Ratio (CAR), Efficiency (BOPO), Non-Performing Financing (NPF).

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Abstract

The aim of this research is to analyze the determinant of construction’s non-performing financing in short-term and long-term. This research used Vector Error Correction Model (VECM). The result shows that in short-term CAR at the first until fourth lag, Inflation at the first until third lag, IPI at the first until third lag, and Foreign Debt at the third until fifth lag has a significantly positive effect to Construction’s Non-Performing Financing. FDR at the third and fourth lag and Exchange Rate at the first lag have a significantly negative effect on Construction’s Non-Performing Financing. Meanwhile, in long-term FDR, CAR, Inflation, and IPI have a significantly positive effect on Construction’s Non-Performing Financing. Exchange Rate and Foreign Debt have no significant effect on Construction’s Non-Performing Financing.

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Abstract

The author conducts the research within the scope of the Troubled Financing Settlement Strategy on Mudharabah Agreement at Bank Muamalat Indonesia. Problem financing is a problem that is very influential on bank soundness and almost occur in some banks, not to mention the Bank Muamalat Indonesia classified as experiencing problematic financing sufficient to the spotlight in the 2014 period of 6.55% and 2015 of 7.11%. Facts prove that in 2016 Bank Muamalat Indonesia able to reduce the level of problem financing to 3.83% and in 2017 to 4.7% thus proving that in fact Bank Muamalat Indonesia able to complete financing problem well in the next year with the strategy of financing problem settlement Bank Muamalat Indonesia conducted in the year 2016. However, the current discourse of Bank Muamalat will be acquired by Minna Padi securities company due to lack of capital faced by Bank Muamalat Indonesia caused by high NPF (Non-Performing Finance) factor, more or less influenced by problematic financing including mudharabah financing. This study aims to determine the strategy of financing settlement on mudharabah contract. The results of this study show that in the handling of customers who experienced problematic financing, Bank Muamalat Indonesia using the strategy, revitalization: rescheduling, reconditioning, restructuring and management assistance, then if the customer is not well-settled then the Settlement is settled through the guarantee, Through BAMUI (Arbitration Board Muamalat Indonesia), and settlement by way of Litigation. The results of this study are expected to provide input to the high NPF (Non-Performing Finance) issues currently facing Bank Muamalat Indonesia and target the NPF to fall to 3%.

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Abstract

LKMS is a financial institution that is oriented towards improving the welfare of members and society. Despite growing rapidly, LKMS is still experiencing many obstacles in its development. There are still many problems faced by this institution both from the internal and external side. This study attempts to identify the causes and factors that are dominantly an obstacle to the development of LKMS in Indonesia, using IFAS EFAS Matrix and SWOT approaches, along with the solutions offered.

Based on the IFE analysis that the highest rating of the power of small and medium enterprises (MSMEs) is followed by high local initiative. While the weakness rating is the cost of human resource training and entrepreneurship training followed by the cost of licensing. The results of EFE analysis that the highest ranking of the opportunities that are financed sector is very flexible followed by the public interest factor toward sharia transaction is getting bigger. While the highest ranking of threats is competition followed by weak regulation and legality LKMS. It is expected that there will be a joint commitment from various parties either from policymakers or academics and practitioners in supporting and encouraging the development effort of sharia finance industry, especially in this case LKMS.

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