JIOSE: Journal of Indonesian Sharia Economics

Praktik Utang Piutang pada Tradisi Buwuh Walimatul ‘Urs Perspektif Sosiologi Ekonomi Islam

Dewi Rukayati — 2025-03-30

This study aims to find out the practice of debt and receivables in the tradition of buwuh walimatul 'urs carried out by the people of Perdopo Gunungwungkal Pati Village and to analyze the practice of buwuh in the perspective of Islamic economic sociology using the Theory of Reciprocity by Marcel Mauss. This research is a field research with a descriptive qualitative method. Data collection techniques use observation, documentation and interviews. The results of this study show that there is a shift in the tradition of buwuh walimatul 'urs of the people of Perdopo Gunungwungkal Pati Village from the original use of grant contracts to debt and receivables contracts. The transition is seen from three aspects, namely the recording of buwuh, the quantity of buwuhan given and the return of buwuhan. The transition is influenced by the reciprocity of the local community, so that every bowuhan received gives rise to the obligation to return it. This study also identified the existence of alternent reciprocity. This is a form of deviation from the theory of reciprocity, where the buwuh tradition can switch or alternate between voluntary giving (grant) and transactional giving (debt and receivable).

Penerapan Etika Bisnis Islam dalam Komunikasi Pemasaran di PT Kainratu Jepara

Mahmudatus Sa'diyah — 2025-03-30

This study aims to determine the implementation of Islamic business ethics and to determine marketing communication at PT Kainratu Jepara. This research is a qualitative study with a case study approach. The research data collected were obtained through observation interviews with the owner, employees, and consumers of PT Kainratu Jepara. The results obtained from this study indicate that the implementation of Islamic business ethics in marketing communication at PT Kainratu has been implemented by prioritizing the principle of monotheism, the principle of balance, the principle of free will, the principle of responsibility, and the principle of ihsan. And its relationship with marketing communication is also in accordance with good marketing principles, namely paying attention to the principles of advertising, personal selling, sales promotion, public relations, and direct marketing where the service is carried out honestly and friendly.

Analisis Komparasi Tingkat Kesehatan Bank Syariah Indonesia dan Bank Central Asia Syariah dengan Metode RGEC

Lailatun Nuriyah — 2025-03-30

This study analyzes the comparative performance of Bank Syariah Indonesia (BSI) and Bank BCA Syariah using financial ratios with the RGEC approach (Risk Profile, Good Corporate Governance, Rentability, and Capital), based on the Financial Services Authority (OJK) Regulation No. 08/POJK.03/2014. This research employs a quantitative method with a descriptive analysis approach. Secondary data were used, obtained from financial reports and GCG reports of Bank BSI and Bank BCA Syariah for the 2019–2022 period. The analysis results indicate growth in financial ratios and GCG for both banks, leading to an increase in their composite scores each year. Bank BSI achieved composite scores of 80%, 82%, 88%, and 88% over the last four years, while Bank BCA Syariah recorded scores of 71%, 73%, 77%, and 84% over the same period. The average composite score accumulation for Bank BSI was 84.5%, whereas Bank BCA Syariah achieved an average of 76.25%. Bank BSI was ranked at level 2 ("Healthy") in 2019–2020 and improved to level 1 ("Very Healthy") in 2021–2022. Meanwhile, Bank BCA Syariah consistently maintained a level 2 ("Healthy") ranking throughout the four-year period. Thus, the health level of Bank BSI was superior to that of Bank BCA Syariah during 2019–2022.

Pengaruh Profitabilitas, Ukuran Perusahaan, dan Leverage Terhadap Nilai Perusahaan Manufaktur

Muhammad Ardian Fasya — 2025-03-30

The purpose of this research is to find out the Value of Companies that have been listed on the Indonesia Stock Exchange (IDX) which are affected by Profitability, Sales Distribution, Leverage during the 2020-2022 period. The population in this study are manufacturing companies listed on the IDX in the period 2020-2022. This study used a sample using purposive sampling method so that out of 15 companies, 13 manufacturing companies were found to be able to fulfill the model used as an exploratory test. The SPSS 26 program was used to perform multiple linear regression analysis for this study. The findings show that Firm Value is not significantly affected by Profitability and Leverage. Meanwhile, company size has a significant effect on the share capital structure of manufacturing companies listed on the IDX for the 2020-2022 period.

Implementasi Prinsip Syariah dalam Akad Asuransi Syariah

Sariyah Hafsah — 2025-03-30

Sharia insurance is an insurance system that adheres to Islamic law in the process of its application and operation. Sharia insurance is a type of insurance that minimizes risk and reduces uncertainty. In every operation, including in the implementation of its contract, sharia insurance must adhere to sharia principles as contained in the Qur'an, hadith, and fatwa. To find out what principles need to be implemented in sharia insurance, this study was conducted with the aim of describing sharia principles in sharia insurance contracts. This research is a type of descriptive qualitative research. The results of this study show that this insurance has principles that must be held in its contract operations, namely unity, justice, ta'awun, cooperation, prohibition of usury, gharah, maisir.

Analisis Penerapan Capital Asset Pricing Model dalam Pengambilan Keputusan Investasi Saham di Jakarta Islamic Index 70

Muhamad Arifin Ilham — 2025-03-30

This study aims to analyze stock investment decision-making using the Capital Asset Pricing Model (CAPM) method. The research population includes all companies listed in the Jakarta Islamic Index 70 (JII70). The sampling technique used is purposive sampling. The results of the study show that there are 24 stocks included in the efficient stock group, namely ADRO, AKRA, ANTM, BMTR, BRIS, BTPS, CTRA, ERAA, EXCL, INCO, ISAT, ITMG, KLBF, LPPF, MAPI, MIKA, MNCN, PTPP, PWON, SIDO, SMRA, TLKM, TPIA, and UNTR. The recommended investment decision for investors is to buy stocks that are classified as efficient. On the other hand, there are 11 stocks that are included in the group of inefficient stocks, namely ACES, CPIN, ICBP, INDF, INTP, JPFA, MYOR, PTBA, SCMA, SMGR, and UNVR. For these inefficient stocks, the recommended investment decision is to sell the stocks to avoid potential depreciation.

Analisis Pemikiran Muhamad Tentang Efisiensi Harga Murabahah di Perbankan Syari’ah

Aftina Nurul Husna — 2025-03-30

This study aims to find out the murabahah pricing technique based on Muhammad's thoughts and the impact of its application on the efficiency of murabahah prices in sharia banking. The research method used is literature research. The data collection technique uses the documentation method and structured interview. The results of this study show that the murabahah pricing technique currently used in sharia banking operations does not meet the criteria for sharia compliance because it contains elements of price ghara. Muhamad as an academic as well as a practitioner of sharia banking, proposed a new formula for setting murabahah prices as an answer to his anxiety about the irregularities in the old formula. Although the new formula has not been widely used, this formula can increase the efficiency of murabahah prices in Islamic banking, especially if the Islamic bank has a large scale and when there is a financing restructuring.