Market Concentration, Bank Characteristics, Macroeconomic Conditions, and Indonesian Islamic Bank Financing

As the latest player in the banking market in Indonesia, Islamic banks are not as experienced as their counterpart conventional banks. In addition, the types of Islamic bank financing (loans) are different from conventional bank loans. Our work investigates the determinants of Islamic bank financing in Indonesia. Our concern variables are market concentration, bank fundamentals, and macroeconomic conditions, including Covid-19. This study examines all Islamic banks in Indonesia from 2015 to 2020 using quarterly data. Our data set is 724 observations with unbalanced panel data. We employ the dynamic panel data using the two-step system GMM that is more robust than two-step difference GMM. Market  concentration encourages financing. Profitability, bank size, and financing loss provision also enhance financing. However, a high degree of risk aversion and inefficiency reduces financing. Furthermore, Islamic bank financing also depends on macroeconomic conditions. Economic upturns strengthen financing. Strong bank fundamentals, particularly bank size, are the key to success for Islamic bank financing. The results draw an important practical implication. Large Islamic bank is a necessary condition to compete with a conventional bank. Accordingly, the spin off policy of Islamic bank windows to full-fledged Islamic bank should be implemented immediately

Women, faith, and authority: Malama Zainab Ja'afar and the navigation of religious authority in Northern Nigeria

This research examines female religious authority in northern Nigeria, with a specific emphasis on Malama Zainab Ja'afar Mahmood Adam. The research investigates how Malama Zainab negotiates her authority amidst controversies surrounding her public presence as a preacher and Qur'anic exegete within the male dominated Izala movement, a prominent reform movement with widespread influence throughout West Africa and beyond. Employing a qualitative approach, the study delves into Malama Zainab's background, social capital development, and association with Izala, utilizing both secondary sources and indepth interviews with her. The findings highlight Malama Zainab's efforts in bringing women to the forefront within mosque spaces and other gender-segregated settings, fostering their religious participation publicly. While her public activities primarily target female audiences, her preaching and proselytizing reach males through social media platforms, expanding her influence beyond traditional boundaries. Importantly, the findings also shed light on how the historical exclusion of women in socio-religious spaces in northern Nigeria is based on cultural and traditional interpretations rather than explicit religious prohibitions. Hence, the research contributes to the broader understanding of female religious authority, shedding light on the under-recognition of female scholars in comparison to their male counterparts in many Muslim-majority countries.

Global Economic Policy Uncertainty and Islamic Stock Market in Indonesia

The investigation of economic policy uncertainty (EPU) was necessary during financial and trade integration between countries. In this context, there was a spillover effect of global economic policy protections impacting stock markets. Therefore, this research aimed to determine the effect of global policy proxied by the United States, China, and Japan on Islamic stock market in Indonesia. Macroeconomic indicators were also included in the research model and the time series data was obtained from January 2015 to December 2022. In addition, Vector Error Correction Model (VECM) was used as an analytical method in the model. The results showed that Islamic stocks responded positively to global economic policy, exchange rates, and exports to stock index, while inflation reported a negative response

Mergers and Acquisitions in Islamic Banking In Indonesia: A Study on BSI and Bank Victoria Syariah

Mergers and acquisitions (MA) in Islamic banking in Indonesia can be viewed from the strategic interests of each bank. This research aims to examine the patterns of MA in Bank Syariah Indonesia (BSI) and Bank Victoria Syariah in Indonesia. It also discusses the positive and negative implications of the MA of these two banks, as seen in the developments before and after the MA. This research employs BOCR (Benefit, Opportunity, Cost, and Risk) analysis to assess the extent to which MA patterns occur in the merger outcomes at BSI. It also utilizes CAMEL (Capital Asset Earnings and Liquidity) analysis to evaluate the post-acquisition banking health at Bank Victoria Syariah. The research descriptively explains the MA conditions in these two Islamic banks in Indonesia and the impact of MA on the banks, employees, customers, and the general public. The study results indicate that themerger of three state-owned Islamic banking companies, namely Bank Syariah Mandiri, BRI Syariah, and BNI Syariah, into BSI was carried out not only to expand the market share of Islamic banking but also due to cost considerations. At the same time, the acquisition of Bank Victoria Syariah was made due to capital needs as required by the regulator

The Influence of Islamic Social Reporting, Managerial Ownership and Capital Structure on Firm Value

Increasing competition in the business world makes companies strive to increase the prosperity of shareholders. one of which can be done to increase the prosperity of shareholders by increasing the value of the company. The purpose of this study is to determine the effect of Islamic social reporting, managerial ownership and capital structure on firm value. This study uses secondary data with a population of 30 companies registered on the Jakarta Islamic Index (JII) for the 2016-2020 period. Sampling was carried out using a purposive sampling technique with nine companies that met the criteria in this study. Based on the results of the t (partial) test that the Islamic social reporting variable has a significant positive effect on firm value, the managerial ownership variable has a significant positive effect on firm value, the capital structure variable has an insignificant positive effect on firm value. Keywords: islamic social reporting, managerial ownership, capital structure, firm valu

ANALYSIS OF FACTORS AFFECTING STUDENT BEHAVIOR IN USING GO-FOOD SERVICES (CASE STUDY OF FEBI IAIN SALATIGA STUDENTS)

This study discusses what factors are the basis for IAIN Salatiga students to use or not use Go-Food services. In this study, the primary data collection method was used: an online questionnaire and statements prepared on a Likert scale where the respondents were students of FEBI IAIN Salatiga. The theory in this research uses the Theory Planned Behavior and Technology Acceptance Model. There are six variables of concern in this study, namely the variables of Attitude of Use, Subjective Norms, Perceived Behavioral Control, Usefulness, and Ease of Use. Then the results of this study are to accept the four hypotheses and reject one hypothesis, which will be explained in the description below

STRATEGIES TO INCREASE MUSLIM CONSUMER LOYALTY IN THE TIME OF THE COVID-19 PANDEMIC

This study was conducted to determine the extent of the influence of promotional strategies, product quality, and customer satisfaction on customer loyalty to Indosat Ooredoo card customers. The type of research used is explanatory research. The population is all Indosat Ooredoo card customers in Demak Regency. The technique of determining the sample is by purposive sampling. In this study, the number of samples used was 131 respondents. Data analysis was performed using multiple linear regression analysis techniques. Data collection techniques through online questionnaires using a Likert scale. Sources of data are primary data and secondary data. The results of this study based on partial testing in this study are each variable namely promotion strategy, product quality, and customer satisfaction has proven to have a positive and significant effect on customer loyalty. Based on the results of simultaneous testing, it is in a strong category because promotion strategies, product quality, and customer satisfaction are proven to have a positive and significant effect on customer loyalty. 

Determinant on the decision to purchase Gacoan with halal labelization as a moderating variable

The purpose of study this is for analyze as well as get results from determinant on purchasing decisions on Gacoan Salatiga city. Quantitative Methods used with simple random sampling as technique sample. As for the results from analysis the show that price has an effect in a way negative and significant on purchasing decisions; taste matters in a way positive and significant on purchasing decisions; brand image matters in a way positive and significant on purchasing decisions; halal labeling is not capable moderate the influence of price on purchasing decisions; halal labeling is not capable moderate the influence of taste on purchasing decisions; halal labeling is possible moderate the influence of brand image on purchasing decisions

The effect of Islamic Social Reporting and Return On Asset on Firm Value with disclosure of Good Corporate Governance as a Moderating

Penelitian ini dilakukan dengan tujuan untuk mengetahui pengaruh pelaporan sosial islam dan Return on asset terhadap nilai perusahaan dengan tata kelola perusahaan yang baik sebagai variabel moderasi pada perusahaan yang terdaftar di jakarta islamic index (JII) periode 2018 – 2020. Jenis penelitian ini adalah kuantitatif dengan menggunakan data regresi panel dan Moderated Regression Analysis (MRA) sebagai analisis data. Data yang digunakan pada penelitian ini yaitu data sekunder yang bersumber dari laporan keuangan tahunan pada perusahaan yang tercatat di jakarta islamic index (JII)periode 2018 – 2020. Setelah memperoleh data dari Laporan Tahunan kemudian dianalisis menggunakan Software Eviews 12. Populasi pada penelitian ini yaitu seluruh perusahaan yang tercatat di jakarta islamic index (JII) periode 2018 – 2020. Untuk pengambilan sampel menggunakan metode purposive sampling dengan beberapa kriteria untuk mendapatkan sampel penelitian. Dan didapatkan 15 perusahaan untuk digunakan sebagai sampel penelitian. Hasil analisis data regresi menunjukkan bahwa pelaporan sosial islam dan tata kelola perusahaan yang baik tidak berpengaruh terhadap nilai perusahaan. Namun , aset berpengaruh terhadap nilai perusahaan. Dan hasil analisis Moderated Regression Analysis terhadap menunjukkan bahwa good corporate governance mampu memoderasi hubungan ISR terhadap nilai perusahaan kearah positif. Dan hubungan tata kelola perusahaan yang baik mampu memoderasi ROA terhadap nilai perusahaan kearah negatif. Kata kunci : Islamic Social Reporting (ISR), Return on assets (ROA), Nilai Perusahaan, Good Coporate Governance (GCG

Peran Good Corporate Governance Pada Hubungan Antara Aktivitas Investasi dan Pendanaan Terhadap Nilai Saham Syariah

Penelitian ini bertujuan untuk mengetahui peran Good Corporate Governance (GCG) dalam memoderasi keputusan investasi dan pendanaan terhadap nilai saham syariah perusahaan yang terdaftar di Jakarta Islamic Index antara tahun 2017 dan 2020. Penelitian kuantitatif menggunakan data sekunder, dengan populasi yang terdiri dari perusahaan yang terdaftar di Jakarta Islamic Index. Purposive sampling dengan kriteria tertentu digunakan untuk memperoleh sampel. Sampel terdiri dari 10 perusahaan yang terdaftar di Jakarta Islamic Index periode 2017-2020. Analisis regresi sederhana digunakan untuk melihat hubungan langsung dan Multiple Regression Analysis (MRA) untuk menganalisis hubungan moderasi dalam penelitian ini. Berdasarkan pengujian variabel keputusan investasi berpengaruh positif dan signifikan terhadap nilai perusahaan, yang berbanding terbalik dengan variabel keputusan pendanaan yang berpengaruh positif tetapi tidak signifikan terhadap nilai perusahaan. Selanjutnya, menurut uji Moderated Regression Analysis (MRA), GCG dapat memoderasi hubungan antara keputusan investasi dan pendanaan terhadap nilai perusahaan.