Indonesia Conference Directory

Corresponding Author
DIYAH PUTRIANI

Institutions
Department of Economics, International Islamic University Malaysia
Department of Informatics System, International Islamic University Malaysia

Abstract
Current research on Zakah focuses more on potential zakah collection, factors affecting zakah payment, best practices of zakah in certain region/country, zakah as social finance, or even the performance and efficiency of zakah institution. General finding from all previous studies concludes that zakah is able to reduce poverty and hence will minimize income inequality. At this point, a question rise, i.e., by how much Gini index- a measure of income inequality- can be reduced after zakah enforcement? Considering this gap of research, this study is proposed to measure a decrease in Gini index when zakah is received by all recipients.Since the existing economy is under interest based system, thus this study will develop a model of artificial economy to simulate the impact of zakah enforcement on Gini index. To achieve the main objective, this research will simulate the interactions amongst three economic agents (households, firms, and bank) in the system. That is, households will supply labour for the firms; meanwhile firms will supply product in the goods market. Both households and firms can ask credit with certain interest rate from the bank.There will be two scenarios where the economy will simulate zakah is not exist and where zakah is introduced in the system. From these two scenarios, it can be observed a potential reduction or increment on Gini index after zakah is disbursed to all recipients. This research fundamentally is an exploratory research, thus many findings will be examined in the analysis. One of the most interesting findings is that in the long run only arround 1 percent of population own about 25 percent of total wealth in the economy without zakah. Further, the findings also observe that reason of an increase in Gini index where the economy has no zakah and observe a group of population which will dominate total wealth in the economy. An Agent-based Computational Model (ABM) simulation will be employed to conduct the simulation. The application of ABM in this research is to bring the use of computational study as an alternative methodology to develop research in the area of Islamic economics.

Keywords
Zakah, Gini Index, Agent-based Computational Model, Computational Study

Topic
Islamic Finance Technology (Shariah Fintech)

Link: https://ifory.id/abstract/Hax87WEC4JnN

Corresponding Author
puji sucia sukmaningrum

Institutions
Syadiyah Abdul Shukor
Faculty of Economics and Muamalat
Universiti Sains Islam Malaysia
syadiyahas[at]usim.edu.my

Puji Sucia Sukmaningrum
Faculty of Economics and Business
Universitas Airlangga
puji.sucia[at]feb.unair.ac.id

Abstract
Fintech, the abbreviation for financial technology, is a broad category that refers to the influx of technology tools, platforms, and ecosystems that make financial services or products more accessible, efficient, and affordable. This study aims to examine the impact of trust in influencing consumer attitude towards fintech and mediating effect of perceived ease of use and perceived usefulness between trust and consumer attitude towards fintech. The findings of this paper are based on 350 samples. Descriptive analysis, exploratory factor analysis, regression analysis, and mediation analysis are used to analyse the data. The results indicate that: a) trust, perceived ease of use, and perceived usefulness influence consumer attitude towards fintech, b) perceived ease of use influence perceived usefulness, and c) perceived ease of use and perceived usefulness mediate the effect between trust and attitude towards fintech. The study attempts to represent research discovery about Malaysian behaviour towards fintech.

Keywords
fintech, consumer attitude, Malaysia

Topic
Islamic Finance Technology (Shariah Fintech)

Link: https://ifory.id/abstract/pb47KuAYEtq6

Corresponding Author
ahlis fatoni

Institutions
International Islamic University Malaysia

Abstract
Although alcoholic beverages resulted a social and health problems, total world export in alcoholic beverages is quite high. Indonesia-s total import also increased 65% in 2013. Indonesia as the biggest Muslim community in the world still not prohibit the alcoholic beverages except Nangro Aceh Darussalam. Through analysis from literature review, regulation, and data related, Indonesia should able to escape alcoholic beverages transaction with its Muslim population and strict to the Islam regulation.

Keywords
International tade, Alcholic beverage, Unlawful

Topic
Islamic Governance and Ethics

Link: https://ifory.id/abstract/pXj8Ywv9BxAM

Corresponding Author
Rahmayati Nasution

Institutions
Muhammadiyah University North Sumatera

Abstract
This study aims to determine the perceptions and preferences of social investors towards cash waqf link sukuk or CWLS. The problem in this study is that it has not achieved the target of fulfilling the cash waqf link sukuk investment due to various factors and this has become the basis for finding out the constraints of the target waqf market for this money. The methodology of this research is qualitative and explorative by conducting interviews with 37 respondents according to their classification. The results of this study that the public perception is still not knowing the information and socialization related to money waqf because socialization has not been carried out optimally by the government and other institutions that are bound. Whereas the preference of this study shows that the general public is still accustomed to waqf not money, so there is still something new in this cash waqf link sukuk and the main reason for the community to choose cash waqf because of the worship motivation.

Keywords
Perception, Preferences, Cash Waqf Link Sukuk

Topic
Sukuk

Link: https://ifory.id/abstract/QNPDpBz8HVdu

Corresponding Author
Affan Muhammad Andalan

Institutions
Faculty of Law
Universitas Airlangga

Abstract
Islamic financial technology (fintech) transactions has to be based on a contract that perform both sharia and legal compliance. Compliance is very essential since it influences the quality and reputation of an Islamic fintech company. This paper will review a musharaka akad used as sharia financing contract by “X” Islamic fintech company in Indonesia. Juridical-normative method is used to observe whether it complies with related national legislations and also sharia principles. From the research conducted, it is found that the musharaka akad of “X” Islamic fintech company in Indonesia does not comply with OJK Regulation on Peer-to-Peer Lending and also sharia contractual principles.

Keywords
Islamic fintech, akad, compliance, musharaka, sharia financing

Topic
Islamic Finance Technology (Shariah Fintech)

Link: https://ifory.id/abstract/UvDZbqCexYNH

Corresponding Author
Herry Ramadhani

Institutions
Economic and bussiness faculty,Mulawarman University

Abstract
This study purpose to analyze the behavior of investment decisions based demographic factors among Islamic Investors in East Kalimantan province. The data obtained from primary data sources using questionnaires to 30 Islamic Investors at East Kalimantan. This research model is exploratory research with a survey method and accidental sampling technique. The data analysis method used in this study is chi square. the result show significant relationship between age and investment type decisions. The younger the age of Islamic Investors to find out new things is very high that makes young Islamic Investors almost invest in the real and financial sectors but not building. the insignificant results in the relationship between gender and investment decisions, with the level of education between women and men almost the same, then there are indications that men and women have very good knowledge of investment which results in increased independence and high trust in making investment decisions in all types of investment, significant results between types of occupation and investment decisions, indicating that investors Muslims will make investment decisions in accordance with the income from their work, while the significant results of the relationship between marital status and investment type decisions, there are indications that married Islamic Investors have a sense of responsibility to the family arga so invest in all types of investment in the real and finacial sectors, while an unmarried / single person is indicated to tend to feel free and have no responsibility, so many invest in savings where funds from investment can be taken at any time.

Keywords
Investment Decisions, Islamic Investors, Age, Gender, Occupation and Marital Status

Topic
Islamic Finance and Banking

Link: https://ifory.id/abstract/9VAJPCKEXxcL

Corresponding Author
Shofie Azzahrah

Institutions
Universitas Indonesia, Depok, 16424

Abstract
Indonesia is a country that is rich in natural resources, such as oil, gas, and coal. The three sectors of that mining is also high demanded in this country. It-s the reason why there are many company who wants to do mining activities. Although government has the right to regulate the company to do Environmental Impact Analysis (AMDAL) and Corporate Social Responsibility (CSR), but the control isn-t strict enough for the mining companies to do the activities. We would like to see the affect of increasing the mining companies and mining production of oil, gas, and coal to the socio-economic welfare that estimated using the data of SUSENAS 2016 and SUSENAS 2017.

Keywords
Mining, AMDAL, CSR, SUSENAS

Topic
Sustainable Development in Islamic Perspective

Link: https://ifory.id/abstract/QzqpmfMHwT4X

Corresponding Author
NOVILIA AISAH

Institutions
a) Research and Development Division, Tamkin Institute
Jalan Kenanga 6/65, Jember 68131, Indonesia
*noviliaaisah93[at]gmail.com
b) Faculty of Economics and Business, Zainul Hasan Islamic Sciences Institute, Probolinggo 67282, Indonesia

Abstract
The perfection of Islamic teachings that govern all aspects of human life requires the realization of moral and ethical rules for humans in business. The internalization of the Islamic character of man (ad Ibadurrahman) which embodies in the person of Muslim businessman represents an example of the moral the goodness of the Prophet; including Amanah, Fathanah, Tabligh, and Siddiq should be the touchstone of all norms in motivating work and entrepreneurial spirit. Islamic man is considered a rational behavior if he is able to accommodate Islamic values based on Tawhid. The orientation to be achieved in the perspective of Islam is not only to achieve success in the world, but also to pay attention to the afterlife. Finally, the qualification of human resources internalize sharia Islamic character man (Ibadurrahman) is necessary to support the implementation of quality education, in line with the mission of the Sustainable Development Goals (SDGs) so that the expected output is HR sharia quality as well. Schools and colleges have a substantial role related to this task, by applying religious-based character education and building a sharia company laboratory as a miniature of the Islamic finance industry.

Keywords
HR sharia; Islamic business ethics; Islamic man (‘Ibadurrahman); SDGs

Topic
Islamic Business and Entrepreneurship

Link: https://ifory.id/abstract/UmebxGdgYNML

Corresponding Author
Muhamad Rizky Rizaldy

Institutions
(1) Universitas Gunadarma, (2) Politeknik Negeri Semarang, (3) STEI Tazkia

Abstract
The discourse in integrating social and financial functions of Islamic financial institution has emerged as an intellectual critique since it has arguably deviated from the Islamic moral economic expectation. This argument is further supported by the advent of the urgency of combining Islamic finance with impact investing, which should have been in its endogenous facet. We found a number of research papers with well-established theories that Islamic financial and economic institutions, as distinct organizations, require a distinct management framework to be able to achieve their multidimensional purposes. This paper argues that a hybrid organizational management framework could be the most appropriate existing framework to be utilized regarding mission drift and dysfunctional effect that might happen within the hybrid organizations. Hence, this paper provides notion for leaders to develop hybrid organizations in terms of time needed for leaders to develop, selective criterion in hiring, different types of organizational structures, and the need of new parameter.

Keywords
Islamic management; Islamic leadership; Islamic financial institution; Social impact; Hybrid organization; Impact investing

Topic
Islamic Management and Leadership

Link: https://ifory.id/abstract/mbU6NM842xZV

Corresponding Author
Bara Yudhistira

Institutions
Universitas Sebelas Maret

Abstract
In this modern era, many snacks that are not safe for health are sold to children and they like them very much. This problem is very serious to note because it is related to childrens health. To overcome or reduce this problem, created an innovation of healthy snacks that are rich in vitamins, namely Ice Cork Fruit and Vegetables from various types of vegetables such as carrots, mustard greens, and purple yams. Ice Cork Vegetables are made with the aim of increasing interest in vegetable consumption in children. The target is to attract the interest of children to eat delicious snacks, safe and healthy through EGAYUR (VEGE ICE). Because in general children like to eat snacks that are tasty and refreshing, cork ice for example. The method for realizing this idea is to create an entrepreneurial business program that produces EGAYUR (VEGE ICE). The first thing to do is to make an SOP for making EGAYUR (VEGE ICE). Then do the trial making of EGAYUR (VEGE ICE) products, do research on the taste variants In this modern era, many snacks that are not safe for health are sold to children and they like them very much. This problem is very serious to note because it is related to childrens health. To overcome or reduce this problem, created an innovation of healthy snacks that are rich in vitamins, namely Ice Cork Fruit and Vegetables from various types of vegetables such as carrots, mustard greens, and purple yams. Ice Cork Vegetables are made with the aim of increasing interest in vegetable consumption in children. The target is to attract the interest of children to eat delicious snacks, safe and healthy through EGAYUR (VEGE ICE). Because in general children like to eat snacks that are tasty and refreshing, cork ice for example. The method for realizing this idea is to create an entrepreneurial business program that produces EGAYUR (VEGE ICE). The first thing to do is to make an SOP for making EGAYUR (VEGE ICE). Then do the trial making of EGAYUR (VEGE ICE) products, do research on the taste variants

Keywords
ice cork, vegetables, vitamins

Topic
Innovation, IT, Operations and Supply Chain Management

Link: https://ifory.id/abstract/nBm7PftedFRE

Corresponding Author
Lina Nugraha Rani

Institutions
1) Department of Islamic Economics, Faculty of Economics and Business
Airlangga University, Airlangga Street Number 4, Surabaya, Indonesia
2) Department of Islamic Economics, Faculty of Economics and Business
Airlangga University, Airlangga Street Number 4, Surabaya, Indonesia
3) Department of Economics and Management Sciences
International Islamic University Malaysia
53100 Gombak Street, Kuala Lumpur, Malaysia
{ linanugraha, puji.sucia }[at] feb.unair.ac.id, marhanum[at]iium.edu.my

Abstract
The development of Islamic banks very rapidly in the ASEAN, such as Indonesia, Malaysia and Brunei Darussalam. The comparison among the three countries is very important as the operational considerations and consideration of State institutions. One of the performance indicators of banking are efficiency and productivity. Comparison of the productivity of the banking between these countries would be helpful to identify the successes and failures of the policy bank. The methods used in this study are Index Malmquist. Malmquist index is an index used to compare bilateral production technology the two elements of the economy. In this case, the index consists of several results i.e.: efficiency change, technological change, pure efficiency change, economic change and the scale of the TFP change. Malmquist index is a measure of TFP changes from time to time, described the companys performance during a certain period. Stages of the development of this research was the collection of data of Syariah bank in Indonesia, Malaysia and Brunei Darussalam year period 2012-2017 and processing the data using the method of Malmquist Productivity Index (MPI).

Keywords
Islamic Bank, Southeast Asia, Productivity, Malmquist Productivity Index

Topic
Islamic Finance and Banking

Link: https://ifory.id/abstract/wZ4a3KTRVmYM

Corresponding Author
Ermila Klislinar

Institutions
a. Department of Management, Faculty of Economics and Business, Universitas Indonesia
b. Department of Management, Faculty of Economics and Business, Universitas Indonesia

Abstract
Airlines are facing challenges from high cost structures and intense competition. This has made airlines universally look for opportunities to generate ancillary revenue, additional income apart from their main sources, including Full Service Carriers (FSC). Measuring consumer-s willingness to pay is pivotal in pricing and estimating ancillary revenue demand. This study analyzes whether customer-s type of journey, purpose of journey, length of flight, and type of flight class have an impact on willingness to pay (WTP) of Garuda Indonesia-s ancillary revenues which comprises of unbundled products and commission based income. This paper uses data from a survey to Garuda Indonesia-s customer and follows quantitative studies to identify and describe the relationship between the WTP of Garuda Indonesia-s ancillary revenue and all variables involved. The study found that passengers value more the unbundled products. It is also found differences in WTP for particular ancillary products and services based on purpose of journey, length of flight, and type of flight class.

Keywords
Ancillary Revenue; Willingness to Pay; Type of Journey; Length of Flight; Journey Purpose; Type of Cabin Class; Full Service Carriers

Topic
Marketing Management

Link: https://ifory.id/abstract/h9ZTpgLf7zBU

Corresponding Author
Ecky Imamul Muttaqin

Institutions
Center for Economic Development and Public Policy (CEDPP), University Muhammadiyah Yogyakarta, Brawijaya Street, Yogyakarta, Indonesia

Abstract
The behavior of procyclicality is one of the important sources that encourage systemic risk in banking system in Indonesia. This study aims to analyze amplitude and frequency on credit cycle of Islamic and conventional banking in Indonesia. The data used are total Islamic bank financing and total conventional bank lending in monthly from 2004 to 2017. The methodology used is frequency based filter analysis (FBF) and turning point analysis. Determination of time range of cycle is examined using equation of standard deviation ratio between credit cycle and business cycle. The results showed that size of Islamic bank-s amplitude is larger than size of conventional bank-s amplitude. This is as characteristic of Sharia banks based on the pattern of financing of real sector. Meanwhile, unlike conventional banks encourage creation of bubble capital because it is related on the credit pattern based on speculative activities on basis of the interest system. Therefore, conventional banks need to encourage credit patterns based on the capital. Meanwhile, for the size of the frequency of Sharia banks has a longer frequency measure than conventional banks, but number of cycles formed is the same as a perfect cycle.

Keywords
Amplitude, Bank Lending, Credit Cycle, Dual Banking System, Frequency, Procyclicality

Topic
Islamic Finance and Banking

Link: https://ifory.id/abstract/FDUphb7cGBZR

Corresponding Author
Deni Hamdani, S.E., M. Ak

Institutions
a) STIE Indonesia Membangun (STIE INABA)
b) Faculty of Economics, Soekarno Hatta No. 448, 40253 Bandung, Indonesia

Abstract
Ministries and institutions still hold the first rank in the number of corruption in Indonesia, namely 154 cases with a trend that continues to increase over the last 10 years followed by district / city governments, this is reasoned because the ministrys control range is very large with the budget authority from the very large APBN, making it very possible Overlapping provides an opportunity to commit fraud from officials or technical implementers. Corruption is not only carried out by government officials, but is carried out by employers and related parties both at the central and regional levels. One positive response to prevent the rampant acts of fraud or fraud in the public sector and / or the business world, is early detection in the form of accounting and legal inspection procedures which have recently become more popular with the name of forensic accounting and investigative audits. In simple terms, forensic accounting and investigative auditing are a combination of three or more disciplines, namely accounting, audit science, legal science and IT-based information systems science, This research is quantitative research which is often referred to as traditional methods, positivistic, scientific, and non-experimental discovery. The method used in the study is descriptive and verification, namely research that aims to provide an overview and find verification or examine the existence of empirical theories of the relationship of variables formulated in the hypothesis. Therefore, the nature of this research is "hypothesis testing", which analyzes the influence or relationship between variables based on empirical data through hypothesis testing.

Keywords
Trickle Down Effect, Forensic Auditing, Panel Data Two-Stage Data Envelopment Analysis

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/qcnbu6wBD4Kh

Corresponding Author
ahmad abbas

Institutions
IAIN Parepare, Universitas Sembilanbelas November

Abstract
The core of this research is to highlight marketability in the growth of sharia banking in Indonesia and to test the role of sharia financial inclusion and literacy. The sample of this research is Indonesia sharia banking consisting of sharia commercial banks and business units listed in Indonesia Bank and Financial Services Authority over the period of 2014-2019. Data of monthly financial statements are analyzed using the test of interaction effect with multiple moderators. The starting result of this research points out that the marketability at the degree of sharia bankings- growth is in a moderate power. The main result is found that the nexus between marketability and the growth is empirically affected by the role of sharia financial literacy and inclusion, nevertheless both have opposite roleS.

Keywords
Market Power, Marketability, Financial Inclusion, Financial Literacy

Topic
Islamic Finance and Banking

Link: https://ifory.id/abstract/cCW9fz8ahPRH

Corresponding Author
Kasir SE, M.Ak

Institutions
Indonesian College of Economics Building
(STIE INABA) Bandung

Abstract
This study aims to examine the factors that influence economic growth and local revenue originating from the potential of motor vehicle tax both Two-Wheel (R-2) and Four-Wheel (R-4) with Analog Bond systems and special rates on police numbers selection. And to assess the potential impact of fiscal and economic growth on the welfare of the people in West Java, especially the southern region. This study takes a population of all cities / districts in the West Java region. The research method used is descriptive and verification method, and the data taken is secondary data. While the analytical tool used uses Data Panel Regression, as well as to calculate tax potential using the Hodrick and Prescott Filter (HP Filter). The results of his research show that the provision of tax incentives for motorized vehicles that are paid for in advance and special rates for police numbers have a significant effect on local revenue and economic growth.

Keywords
Motor Vehicle Tax, Economic Growth, Regional Revenue Potential, Hodrick and Prescott Filter (HP Filter)

Topic
Financial Management and Accounting

Link: https://ifory.id/abstract/A6jbtuX9kxcf

Corresponding Author
Yudi Ahmad Faisal

Institutions
(a) (b) Department of Management, Universitas Padjadjaran, Jl. Dipati Ukur, Bandung. email: yudi.ahmad[at]unpad.ac.id

Abstract
The purpose of this paper is to figure out: (i) strengths and weaknesses, environmental opportunities and threats encountered by human resources in halal hotel, a type of hotel following the requirements of Islamic moral principles; (ii) halal hotel market business position; and (iii) a proper business strategy to be applied by halal hotel to enhance its human resources. The sample of this research was human resource in halal hotel in Bandung, West Java Province. The data analysis used internal and external strategic factor matrix (IE). Key external strategic variables that pose current threats are: higher competition, lack of best practices of halal hotel, low productivity of Muslim workers, decreasing loyalty of part-time workers, and rapid development of information technology and communication. The key internal strategic variables are productive age of human resources in halal hotel, multy-tasking skills, hospitality, announcement of prayer time, stop working on prayer time, Sharia-based services (serving halal food), reading al-Qur-an ability of personnel, knowledge of Islamic law, Sharia-based working activities, conveying Salam, women personnel using veil (hijab), and higher emotional quotient. Based on the business position of the present human resource in halal hotel which is in quadrant I, the strategy properly applied is the growth or concentration strategy. The research was only conducted to human resource in halal hotel located in Bandung, West Java Province, thus it cannot be generalised to wider areas, and this research used the survey method wehre the date collection process was done in a certain point of time or cross-section, whilst the environment would experience extra quick changes. Therefore, it is important to do this research in the future and different areas. The originality of this research shows the comprehensively strategic alternatives in human resource for halal hotel, by using strengh weakness opportunity threat and IE matrix analysis, and research location which is conducted in Bandung, West Java province has different tourist condition and potentials from other regions.

Keywords
Strategic formulation, Bandung, Human Resources, Halal Hotel

Topic
Islamic Business and Entrepreneurship

Link: https://ifory.id/abstract/jKQVpzM3TJuG

Corresponding Author
SUKMA KUKUH PRIBADI

Institutions
Magister Manajemen, Universitas Indonesia, Jakarta
Sukma.kukuh[at]gmail.com, Wibowo_buddi[at]yahoo.com

Abstract
Sukuk has become one of alternative financing for corporate. The development of Sukuk provides the flexibility choices of company-s funding decisions that required their needs and capabilities. Sukuk market in Indonesia is the second largest in emerging East Asia in terms of size but the number of issued Sukuk lower than a conventional bond. This study aims to obtain empirical evidence that the characteristics of the company influence the decision of the company in issuing Sukuk and bonds using the logit model. The results of this study conclude: (1) leverage has a negative influence and significant (2) size of the firm has a positive influence and significant (3) fixed assets has a positive influence and significant to the decision of the company in issuing Sukuk.

Keywords
Sukuk, Bonds, Financing Company Decisions, Characteristic Company, Logit Model.

Topic
Sukuk

Link: https://ifory.id/abstract/TrCXxWmG8wuv

Corresponding Author
Rifka Mustafida

Institutions
IIUM Institute of Islamic Banking and Finance

Abstract
The ultimate objective of shariah is to protect the well-being of people and nature, which lies in the safeguarding of these five fundamental objectives through the promotion of social justice. These objectives have great resemblance to the United Nations- Sustainable Development Goals (SDGs). In order to solve the specific and social issue, a new developed innovative Islamic financial instrument, Socially Responsible Investment (SRI) Sukuk might be used. SRI Sukuk is a viable solution to address global needs for green and other forms of sustainable and responsible financing. SRI sukuk has been issued by several countries to finance green and society development project. However, it is also clear that it is customarily issued by powerful institutions and government agencies, therefore sukuk become very costly in terms of issuances and it has not taken the opportunity to compete with the far larger and well-developed conventional global debt market. Smart sukuk structure using blockchain technology could be significant to improve the efficiency of the issuance process (such as time of market) and also widen both the issuer and investor base. This paper aims to explore the potential of Smart SRI sukuk and propose scheme in attempt to achieve SDGs. This paper reviews the benefit, opportunity, cost and risk of Smart SRI sukuk to discern the possibility of issuing that feature. The first smart SRI sukuk is issued by Blossom. It is Mudharaba facility to finance SMEs in Indonesia. Several Sharia contracts like istisna, ijarah and wakalah have potential to be implemented as well. Smart SRI sukuk has potential to support SDGs. Ethical, equitable, social and sustainable investments concept of SRI sukuk are relevant in achieving SDGs. Implementation smart contract for sukuk will robust sukuk issuance for all sustainable and responsible projects. In the other side, a regulatory framework and infrastructure is a must to promote this feature.

Keywords
Smart SRI Sukuk, Blockchain, SDGs

Topic
Islamic Finance and Banking

Link: https://ifory.id/abstract/eaW43fxQvHF2

Corresponding Author
Dyah Titis Kusuma Wardani

Institutions
Universitas Muhammadiyah Yogyakarta (a)
Universitas Gadjah Mada (b)
Universitas Negeri Malang (c)

Abstract
This paper evaluates the extent to which Islamic banks support SMEs financing as compared to conventional banks. The evaluation is conducted using dynamic panel regression estimations, where the sample includes aggregate level data from Indonesian Islamic and conventional banking industries. The results provide evidence that, there is no indication that Islamic banks are more SMEs friendly than conventional banks. Most SMEs do not have access to credit, or have limited access to credit. SMEs limited access to finance reflects the interaction of demand, supply, institutional, regulatory, and other policy factors that are a hindrance for the growth of SMEs. SMEs also lack awareness and knowledge regarding Islamic banking products and what products may suit their requirements.

Keywords
Islamic banking; Conventional banking; SMEs; Financing

Topic
Islamic Finance and Banking

Link: https://ifory.id/abstract/NYBWRcH2rky8

Corresponding Author
Purwanto Purwanto

Institutions
1. Faculty of Business, President University, Bekasi - Indonesia, Purwanto[at]president.ac.id
2. Faculty of Economic and Business, Padjadjaran University, Bandung – Indonesia, ina.sagir[at]fe.unpad.ac.id
3. Faculty of Economic and Business, Padjadjaran University, Bandung – Indonesia, dian.masyita[at]fe.unpad.ac.id
4. Faculty of Economic and Business, Padjadjaran University, Bandung – Indonesia, erie_febrian[at]fe.unpad.ac.id

Abstract
The involvement of Islamic Microfinance Institutions (IMFI) in building the national economy is paramount to help the poor. Providing access and lower-level household services has the potential to create conflict with its sustainability. This study analyzes the social outreach factors that determine financial and social efficiencies. Mixed methods by combining quantitative and qualitative are able to answer the problems and desired goals. Data Envelopment Analysis (DEA) and multivariate analysis are statistical instruments, while interviews further clarify or deepen existing information. The estimation process of the dependent variables is influenced by the proxy of depth, breadth, length, scope, and cost. The results show that the average loan installments, the number of female borrowers, age, profit orientation and operational costs have a significant effect on financial and social efficiencies. The collection of funds and the amount and type of financing do not have a significant impact on financial efficiency, but is significant for social efficiency. Meanwhile, the amount and type of savings do not contribute significantly to both. The coefficients of determination were 45.1572% and 60.4167%. When compared to existing standards, the proportion is included as in the strong criteria.

Keywords
efficiency, outreach, depth, breadth, length, scope, cost

Topic
Islamic Micro finance

Link: https://ifory.id/abstract/CVmRN4HgGZjD

Corresponding Author
Rumaisah Azizah Al Adawiyah

Institutions
a) Durham University, UK
b) Durham University, UK

Abstract
This study investigates the determinants of environmental, social and governance (ESG) performance and accounting narrative disclosure in Islamic Financial Institutions (IFIs) over the period 2014-2016 using a comprehensive ESG index through content analysis method in annual reports. ESG disclosure index exhibits that IFIs engage in ESG activities and varies across countries. IFIs also present its disclosure towards universal disclosure than specific, meaning it emphasises on broad stakeholder focus. However, IFIs display its highest concern on governance dimension and pay least attention to social environment, implying IFIs should concern more about social and environment. Regarding narrative disclosure, this study tries to assess whether IFIs are conducting impression management as their strategy. The empirical result of this study exhibit that financial performance associates positively with ESG performance and the level of certainty in narrative disclosure. This means the higher the financial performance of the firm results in higher ESG disclosure and a more certain language. While concerning the relationship between ESG performance and the level of certainty, it is found that the higher certainty in the disclosure links with the lower ESG performance of IFIs, meaning that it indicates impression management in the firms. The findings of this study contribute to the body of academic knowledge by providing literature on the determinant of ESG performance and quality of narrative disclosure in IFIs and managerial implications for IFIs management and regulator. Therefore, this study is essential in stepping forward to the exploration and development of ESG performance of IFIs.

Keywords
Islamic Financial Institutions (IFIs), ESG disclosure, narrative disclosure, financial performance, impression management

Topic
Islamic Accounting/Auditing

Link: https://ifory.id/abstract/GKqb9cFLmE4T

Corresponding Author
Aimatul Yumna

Institutions
Universitas Negeri Padang

Abstract
This study examines the characteristics of Non-Profit Microfinance Institutions (NMFI) clients and discuss the determinant factors used by Islamic NMFI to select the clients. Primary data was collected using questionnaires of 270 respondents including the clients and non-clients of three case study institutions in Jakarta and Yogjakarta Indonesia. Data was analyzed using poverty level analysis and logistic regression. The findings show that clients and the non-clients of NMFIs have a similar profile in relation to age, formal education period, and family size variables. Further analysis of poverty level shows that the majority NMFIs- clients live above the national poverty line, but they live perilously close to the edge of the poverty line. Using logistic regression, this study found that the higher the client-s income level, the higher the probability of their being selected in the program. This finding indicates that Islamic non profit microfinance institutions have not selected the more vulnerable group in society to be their clients. This study suggests some possible barriers to include the poor in the microfinance including institutional selection policy and self exclusion factors.

Keywords
Islamic microfinance, client selection, nonprofit microfinance

Topic
Islamic Micro finance

Link: https://ifory.id/abstract/Qb2nzGCN8drt

Corresponding Author
Aprilya Fitriani

Institutions
IAIN Jember

Abstract
As a follow-up to the global agreement of MDGs, the United Nations launches the SDGs to end poverty, reduce gaps and protect the environment. SDGs can be achieved through the role of Islamic Microfinance in muslim countries including Indonesia. Islamic Microfinance institutions are institutions that are born, grow, and thrive in the community. One model of Islamic Microfinance institution in Indonesia is Baitul Mal Wat Tamwiel (BMT). BMT is a uniqueness of the Islamic Microfinance that has the role of integrated Islamic commercial and social finance, which could better achieve triple-bottom-line of SDGs, including economic development, environmental sustainability, and social inclusion, especially for the poor and Micro Small Enterprises in the rural area. The main purpose of this research is to explore the relevant conceptual framework in the Islamic Microfinance in the achievement of the SDGs. The methodology of this study based on the analysis of the relevant literature. This research identifies the potential financing of sustainable infrastructure investments through Islamic Microfinance. The results indicated that the Islamic Microfinance, especially the Baitul Mal Wa Tamwiel (BMT), which is rooted in the community, has the potential to develop independent community capabilities.

Keywords
SDGs, Islamic Microfinance, Baitul Mal Wa Tamwiel

Topic
Islamic Micro finance

Link: https://ifory.id/abstract/abuJjHQNLTw7

Corresponding Author
Puspita Asri Praceka

Institutions
Communication science department, Sultan Ageng Tirtayasa University

puspita[at]untirta.ac.id

Abstract
Journalism can play an important role in the topic of disasters. With the broad and massive characteristics of the mass media and their ability to create agenda settings, mass media has become an important tool in disaster issues. Last December 2018, Banten Province was hit by tsunami, which destroyed the north coast of the Sunda Strait. This made headlines in various mass media in Indonesia and international media. They competed with each other to make the topic of the Sunda Strait Tsunami the main news. According to the journalistic point of view, the task of journalists is not only telling the reader what happened (heres what happened) but also must give meaning (heres what it means) and what the reader can do (heres what you can do about). In Disaster Management Cycle there is five step, disaster, response, rehabilitation, mitigation and preparedness. This study looks at how the media in Indonesia reports on The Sunda Strait Tsunami disaster. This study uses quantitative content analysis methods by taking news that appear in national media (Kumparan, Tirto ID, Beritagar and Kompas) as well as on Banten local media (Radar Banten, Newsmedia and Banten Pos) one month after the tsunami occurred (December 2018-January 2019). The results of this study indicate that (1) The role of mass media in Indonesia both locally and nationally is still in the first stage, Response (Rescue and Evacuation & Relief and External Support); (2) The news value raised by the majority is impact and popularity. The conclusion of this study, the mass media in Indonesia still raises the issue of suffering and sadness, has not arrived at the issue of disaster mitigation and disaster literacy.

Keywords
Mass media, journalism, Tsunami in Sunda Strait

Topic
Education and Social Change

Link: https://ifory.id/abstract/2nJzjXBer9PV

Corresponding Author
Desayu Eka Surya

Institutions
UNIVERSITAS KOMPUTER INDONESIA
JL. DIPATIUKUR NO. 112-116
BANDUNG. JAWA BARAT, 40132
INDONESIA

Abstract
Form and maintain the image of an organization including universities that is not a simple problem. But it needs special attention from various sides, one of them excellent service to the public. The purpose of the study is to learn and understand guest perception visits on services welcoming guests at Unikom. To analyze perception determined by three sub-focus namely sensation, attention, and interpretation. Qualitative research approach, descriptive methods, key informants research 7 peoples and supporting informants research 25 peoples, informants determined by purposive sampling technique. Collection technique: observation, interview, documentation, literature study, interpretation and explanation. Data analysis techniques: data presentation, data reduction, data display and withdrawal conclusion. data validity test is: increased perseverance, discussion with colleagues and member checks. Research results answered that the guest sensation of a visit on a guest visit at Unikom, most of the informants saw and felt amazing service. as a distinguished guest. The attention of visitors is what they see through social media or what they thought before visiting, there is absolutely no difference with when they come to Unikom, so that the interpretation of visitors to guest services made by Unikom makes them very satisfied and comfortable, so they said he would share positive stories at their school, family, and communities. Conclusion Research, guest perceptions of visits to guest services carried out by Directorate of Public Relations and the protocol of Unikom, generally rate positively and satisfy visitors get comfort when at Unikom, because it is welcomed and served friendly, warm and friendly.

Keywords
CSR, MSMEs, Management of Communication, Sustainable Development

Topic
Communication Science

Link: https://ifory.id/abstract/rhuVDzQAG6pY

Corresponding Author
Noor Fazamimah Mohd Ariffin

Institutions
¹,2,3,4 Department of Landscape Architecture, Faculty of Design and Architecture, Universiti Putra Malaysia, 43400 Serdang, Selangor Darul Ehsan.
5Institut Penyelidikan Produk Halal, Universiti Putra Malaysia, 43400 Serdang, Selangor Darul Ehsan.
6 Department of Architecture, Faculty of Design and Architecture, Universiti Putra Malaysia, 43400 Serdang, Selangor Darul Ehsan.

Abstract
The rapid development of urban areas in Malaysia has changed the land use of the natural environment to built environment. The usage of heritage trees are important in giving historical identity and cultural symbolic to landscape of the cities. Heritage trees will create emphasize historical environment which give important roles of landscape to the cities. Lack of awareness on the environment benefits and services offered by the urban heritage trees among the decision makers and society has endangered these urban heritage trees, thus there are not recognized as an important asset. This situation causes a lot of urban heritage trees have been felled to make way for urban development. The main objective of this paper is to identify and analyzes the willingness-to-pay value of the Urban Heritage Tree in Taiping Lake Garden. This research applied a contingent valuation survey questionnaire in collecting the data. A total of 400 tourists were randomly interviewed in Taiping Lake Garden. The goal of this paper is to show the importance of preserving the non-use value and induce public awareness in conservation of the heritage trees as part of landscape roles to create culture and historical value in cities. Analyzing values though a participatory process that involved the tourists could help to promote the sustainability of the Urban Heritage Trees conservation efforts in Taiping Lake Garden.

Keywords
Natural environment; Non-use value; Public awareness; Trees conservation; Willingness-to-pay

Topic
Halal Lifestyle, Fashion, Travel and Tourism

Link: https://ifory.id/abstract/fePKtuMLAbYJ

Corresponding Author
Ni Putu Wisma Ekawati

Institutions
Institute Technology and Health Bali

Abstract
The enhancement of HIV/AIDS in Denpasar, Bali occurs in varied age and gender. Teenagers are one of high-risk group because of the high-risk behaviour such as free sex and drugs. Counselling and socialisation by the government and health provider have been conducted. Necessarily the continuously information should be increasing willingness of teenager toward Voluntary Counselling Testing (VCT). In fact, VCT utilisation still lack in teenagers, in October 2017 only 87 teenagers of 1.608 people used VCT facilities. The aim of this study was to find out the correlation between Health Belief Model (HBM) components toward willingness of the teenager to do VCT. This study implemented analytic-correlational design with cross-sectional approach. Respondents were 120 XI grade students in SMAN 6 Denpasar selected using stratified sampling technique. A validated Champion-s questionnaire for mammograms which consisted of 32 questions was used in this study. Data were then analysed by using correlational test Spearman-s Rho and SPPSS version 23.0 for MacBook. Among 120 respondents 68% were male and Hindu was the majority religion (77,5%). The result showed that respondents have high perception of perceived severity, susceptibility, benefit, cues to action, and self-efficacy. The Bivariate result showed that all components of HBM had p value <0,001. There is correlation between each component of HBM toward willingness to do VCT in teenager. Supports from friends should be not only from Association of Student Caring for HIV/AIDS and Narcotics & Psychotropic, but also optimising other kinds of extracurricular activities to allow health education on HIV/AIDS delivered more interestingly.

Keywords
VCT, HBM, Teenager, HIV/AIDS

Topic
Healthcare Practice and Services

Link: https://ifory.id/abstract/FL7jGvNHXkQm

Corresponding Author
Arik Juliana Putra Kmg

Institutions
Institute of Technology and Health Bali

Abstract
Urinary incontinence is a common problem affecting older people living in the community. However, research on the prevalence rate and health seeking behaviors is lacking in the Indonesian context. The aim of this study was to identify prevalence rate and health seeking behavior among older people with urinary incontinence living in the area of Community Health Center of Northern Denpasar III. Descriptive design was used in this study with cross sectional approach. Respondents were 285 older people selected using a consecutive sampling technique. ISI (Incontinence Severity Index), QUID ( The Questionnaire of Urinary Incontinence) and health seeking behavior questionnaire was used in collecting the data. Data was analyzed using univariate analysis. Among 285 respondents, 62.1% were female. Median age was 69 years old (ranged from 60 to 90). The prevalence of urinary incontinence in this research was 27% (77/285). Among 77 respondents with urinary incontinence, only 22.1% of them seeking health services. Interestingly, the reason of not seeking treatment is because urine leakage is considered as part of a normal aging process. Health seeking behavior in older people with urinary incontinence is low. It is expected that health practitioners provide further information about urinary incontinence and supporting system to overcome the urinary incontinence problem.

Keywords
Older People, Urinary Incontinence, Health Seeking Behavior

Topic
Healthcare Practice and Services

Link: https://ifory.id/abstract/r7pKkxjtaJVh

Corresponding Author
Sri Adi Widodo

Institutions
(1) IAIM NU Metro Lampung
(2) Universitas Sarjanawiyata Tamansiswa

Abstract
This research is aimed to explore the cognitive load of learners in the learning process of rotating object volume as well as to provide alternative solutions in managing the intrinsic cognitive load, reducing the extraneous cognitive load as well as improving the germane cognitive load. This research was conducted in Muhammadiyah Purworejo Senior High School with the 3 (three) learners from XII grade as the subjects. The purposive sampling technique was used to determine the research subject. The data collecting method used were test and interview. The data were analyzed by using a qualitative descriptive analysis. This research has provided the results which show that the occurrence of intrinsic cognitive load in the learning process of a rotating object volume is caused by the amount of interactivity elements that have to be studied and the complexity of material learned. The interacting elements are Arithmetic, Algebra, the intersection between two curves, the concept and rule of integration, while the elements of material complexity are the difficulties in imagining the rotating object, and conducting the algebra operation. The occurrence of extraneous cognitive load in the learning process of rotating object volume is caused by the way of teacher delivering the meaningless materials as well as the absence of geometric illustration from the teaching performed by teacher. The next discussion is regarding the germane cognitive load in the learning process of rotating object volume, it is known that this cognitive load is very low. This condition is caused by the learning process in class that tends to be more conventional as well as the minimum activities of learners in studying the materials.

Keywords
Cognitive load; integral; rotating object

Topic
Mathematics Education

Link: https://ifory.id/abstract/pBAy2wFR3uVt