Velocity: Journal of Sharia Finance and Banking
Journal title Velocity: Journal of Sharia Finance and Banking Initials Velocity Frequency Two issues per year (May & November) DOI Prefix 10.28918 by Online ISSN 2797-1546 Print ISSN 2797-247X Editor-in-chief Dr. Tamamudin, M.M. Publisher Department of Islamic Banking, Faculty of Islamic Economics and Business, Islamic State University K.H. Abdurrahman Wahid Pekalongan Citation Analysis Dimensions | Moraref | Google Scholar | Garuda Velocity: Journal of Sharia Finance and Banking is a journal that provides authoritative scientific information sources for researchers and academics in academia, research institutions, government agencies, and industry. ISSN Print is 2797-247X and Online is 2797-1546. We publish original research papers, review articles and case studies focused on Islamic Finance and Banking as well as related topics. All papers were peer reviewed by at least two reviewers. This journal is maintained and published by Department of Islamic Banking, Faculty of Islamic Economics and Business, Islamic State University K.H. Abdurrahman Wahid Pekalongan.
Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan
Determinan Profitabilitas Bank: Bukti dari Bank Konvensional Indonesia (2015–2024)
This study examines the influence of Net Interest Margin (NIM), Loan to Deposit Ratio (LDR), and Operating Expenses to Operating Income (BOPO) on the profitability of conventional banking in Indonesia, measured by Return on Equity (ROE), during the 2015–2024 period. Using a quantitative approach, multiple linear regression is applied to analyze the relationship between the variables based on annual financial data of conventional banks. The F-test results show that the model is statistically significant, indicating that NIM, LDR, and BOPO collectively affect ROE. The t-test results reveal that NIM has a significant positive effect on ROE, while BOPO has a significant negative effect, demonstrating the strong roles of interest margin performance and operational efficiency. Meanwhile, LDR exhibits a positive but statistically insignificant influence at the 5% level, indicating a weak relationship between liquidity management and profitability. The coefficient of determination shows that 74.09% of the variation in ROE is explained by the model, confirming that the variables used provide substantial explanatory power. Overall, the findings emphasize that profitability in Indonesia’s conventional banking industry is primarily driven by interest margin strength and operational efficiency.
Copyright (c) 2026 Velocity: Journal of Sharia Finance and Banking
Implementation, Opportunities and Challenges of Hybrid Contracts in Islamic Banking in Indonesia
The increasing number of Islamic financial institutions (IFIs) requires Islamic banks to make breakthroughs by combining contracts as a creative process for Islamic banks in developing their products. This study aims to analyze the implementation, opportunities, and challenges of implementing Hybrid Contracts in Islamic banking practices in Indonesia. This study focuses on identifying the forms of combined contracts used, their challenges, and their contribution to product innovation and increasing industrial competitiveness. This study reviews 27 scientific articles indexed in Google Scholar and Sinta published between 2020–2026 using a qualitative approach through a literature review by systematically collecting and analyzing secondary data to obtain a comprehensive picture of the implementation, opportunities, and challenges of Hybrid Contracts in Indonesia. The results show that the implementation of Hybrid Contracts has developed in various Islamic banking products. This application provides opportunities for Islamic banks to create more innovative, flexible, and competitive products. However, this study also found several challenges, such as the complexity of the contract structure, the potential for gharar, differences in fatwa interpretations, and limited human resource competency in comprehensively understanding hybrid contract schemes. This research provides implications for strengthening the harmonization of regulations and fatwas, as well as improving human resource capacity through ongoing education and training. These efforts are necessary to ensure that hybrid contract implementation remains compliant with Sharia principles and supports sustainable industry growth, thus providing a novel contribution to the development of Islamic economics and banking literature in Indonesia.
hybrid contract, Islamic banking, product innovation, opportunities and challenges
Pengaruh Liabilitas, Pendapatan Kontribusi, BI Rate, dan Inflasi terhadap Return on Assets Asuransi Umum Syariah
This study is motivated by the importance of profitability as a key indicator for assessing the performance and sustainability of Islamic general insurance companies in Indonesia. The purpose of this research is to analyze and empirically examine the influence of internal factors, namely contribution income and liabilities, as well as macroeconomic factors consisting of the BI Rate and inflation, on company profitability measured using Return on Assets (ROA). This research employs a descriptive quantitative approach using secondary time series data derived from the financial statements of six fully sharia-compliant Islamic general insurance companies during the 2020–2024 period. The results of the regression analysis show that contribution income has a positive and significant effect on ROA, while liabilities have a negative and significant effect on profitability. On the other hand, the BI Rate and inflation are found to have no significant effect on the profitability of Islamic general insurance companies. These findings indicate that profitability performance within the industry is more strongly influenced by the effectiveness of internal financial management than by fluctuations in macroeconomic conditions. Therefore, strengthening contribution income and maintaining healthy liability levels are essential strategies for improving financial stability and enhancing the profitability of Islamic general insurance companies in Indonesia. Keywords: sharia general insurance, internal factors, macroeconomic factors, ROA
Pengaruh Promosi Digital dan Kemudahan Mobile Banking terhadap Minat Menabung Mahasiswa di Bank Syariah
Penelitian ini dilakukan untuk mengetahui pengaruh promosi digital dan kemudahan mobile banking terhadap minat menabung mahasiswa di Bank syariah. Jenis penelitian kuantitatif. Penelitian menggunakan populasi mahasiswa Strata 1 Institut Agama Islam Riyadlotul Mujahidin (IAIRM) Ngabar Ponorogo. Sampel yang di pakai pada penelitian dengan metode non probability sampling dan menggunakan teknik purposive sampling. Sumber data primer dengan pengumpulan data dalam penelitian melalui kuesioner online / google form. Metode analisis data mencakup uji validitas, uji reliabilitas,uji multikolinieritas, koefisien determinan (R2), uji hipotesis dan analisis jalur (path coefecient). Hasil penelitian promosi digital dan kemudahan mobile banking bisa menjelaskan minat menabung mahasiswa di Bank syariah sebesar 21,8%, sementara sisanya 78,2% dijelaskan oleh variabel lain yang tidak diteliti. Berdasarkan hasil penelitian diperoleh (1) promosi digital tidak berpengaruh signifikan terhadap minat menabung mahasiswa di Bank syariah dan (2) kemudahan mobile banking tidak berpengaruh signifikan terhadap minat menabung mahasiswa di Bank syariah.
Contextual Preferences toward Digital Economic Transactions:Evidence from Rural Muslim Leaders in Indonesia
Religious leaders serve as influential agents of societal change and act as cultural intermediaries, making them well-positioned to advocate for innovative ideas, such as the digitalization of economic transactions, with the goal of achieving a cashless society. This study aims to explore the preferences of rural Muslim leaders regarding the digitalization of economic transactions. Using a qualitative research methodology, primary data was collected from the field, specifically focusing on rural Muslim leaders who met predefined criteria. Data collection techniques included interviews and observations, and measures to ensure data validity involved triangulation, member checking, and emic methods. Data was analyzed using domain and taxonomy analysis techniques. The findings indicate that the preferences of rural Muslim leaders toward the digitalization of economic transactions do not consistently reflect the principles of completeness, transitivity, and continuity. The preferences among these leaders can be categorized as follows: (a) a preference for digital transactions over cash transactions; (b) a selective preference for digital transactions under certain conditions; (c) a reliance on digital transactions due to a lack of alternative options; and (d) a preference for cash transactions when they are available. Overall, the findings demonstrate that the preferences of rural Muslim leaders are context-driven and situation-specific, rather than following a consistent or stable pattern. External factors such as the availability of options, ease of access, and compatibility with religious values significantly influence their decision-making regarding transactions.
Islamic Philanthropy and the People's Economy in Indonesia: A Literature Synthesis
This study reviews recent research on the contribution of Islamic philanthropy, including zakat, infaq, sadaqah, and waqf (ZISWAF), to community-based economic development in Indonesia. Using a systematic literature review (SLR) approach, the study examines peer-reviewed publications published between 2020 and 2025 that focus on ZISWAF governance, productive financing programs, and digital innovations. The findings show that productive zakat programs, when accompanied by mentoring, entrepreneurship training, and microfinance support, can improve beneficiaries’ income, strengthen business sustainability, and enhance social mobility. Productive waqf has also emerged as a promising instrument for long-term economic development, particularly when supported by professional governance and effective asset management. In addition, the adoption of digital technologies, such as fintech platforms, online payment systems, and real-time reporting tools, has improved transparency, operational efficiency, and public trust in Islamic philanthropic institutions. Despite these positive developments, several challenges remain, including disparities in digital literacy, limited managerial capacity among waqf administrators, and the absence of standardized frameworks for measuring socioeconomic impact. The review further highlights that existing studies tend to examine ZISWAF instruments separately, with limited attention given to integrated approaches that connect Islamic philanthropy with inclusive and sustainable community development. The study concludes that Islamic philanthropy has significant potential to promote grassroots economic empowerment when supported by sound governance, digital innovation, and collaborative ecosystem-based strategies. Future research should focus on developing integrated ZISWAF models, conducting longitudinal impact assessments, and identifying scalable mechanisms for community economic development.
Strategi Fundraising ZIS Melalui QRIS Dan Crowdfunding Lembaga Dompet Dhuafa Sulawesi Selatan
This study aims to explore fundraising strategies through QRIS and Crowdfunding at Dompet Dhuafa South Sulawesi. A descriptive qualitative method was used with a phenomenological approach involving interviews, observations, and data analysis. The findings reveal that QRIS and Crowdfunding offer convenience and greater transparency compared to cash-based donations. In 2024, the highest fundraising was obtained through bank transfers amounting to IDR 1.77 billion, followed by QRIS with IDR 778 million, cash with IDR 640 million, and Crowdfunding with IDR 12 million. However, QRIS only reached 15.57% and Crowdfunding 0.25% of the IDR 5 billion target, indicating low effectiveness. This ineffectiveness is attributed to the community's preference to donate directly to those in need. The study recommends improving the organization's donation platform to be more real-time by recruiting IT-skilled amil dedicated to managing Crowdfunding systems and strengthening donation media outreach through focused group discussions.
Analisis Keputusan Investasi Atas Pengesahan Undang-Undang Ibu Kota Negara Nusantara: Studi Pada Perusahaan Syariah di IDX-MES BUMN
This study aims to determine whether there is a difference in the average abnormal return on BUMN work sector companies indexed on the IDX-MES BUMN before and after the ratification of the Nusantara National Capital City Law on 18 January 2022. This research belongs to the type of event study and the data used in this study is secondary data in the form of stock price data. With a sampling technique using purposive sampling method, 8 BUMN and supporting work sector companies were obtained as research samples. This study uses an observation period of 11 effective market working days, namely 5 days before the event, 1 day during the event, and 5 days after the ratification of the IKN Law. Meanwhile, the estimation period used is for 120 effective market working days. The tests carried out are one sample t-test and paired sample t-test, if the data is normally distributed and if it is not normal then use the Wilcoxon signed ranked test. The results showed that the event of the ratification of the IKN Nusantara Law had an impact on investor reactions. Before the ratification, investors tended to react negatively, resulting in a negative and significant abnormal return. However, after there was certainty from the government regarding the IKN development project which would collaborate with the BUMN work sector, investors reacted positively and flocked to invest in BUMN work and support sector stocks.
Copyright (c) 2025 Velocity: Journal of Sharia Finance and Banking
Risk-Based Bank Rating (RBBR) Sebagai Alat Evaluasi Kesehatan Bank Syariah: Analisis Pada PT Bank KB Bukopin Syariah Tahun 2021–2023
Perkembangan industri perbankan menuntut setiap bank untuk menjaga tingkat kesehatan keuangan dan operasionalnya guna mempertahankan kepercayaan nasabah dan stabilitas sistem keuangan. Penilaian kesehatan bank diperlukan untuk memantau kinerja dan mengidentifikasi potensi risiko yang dapat memengaruhi keberlangsungan usaha. Salah satu metode penilaian yang digunakan adalah Risk Based Bank Rating (RBBR), yang menilai kesehatan bank berdasarkan empat faktor utama, yaitu Risk Profile, Good Corporate Governance (GCG), Earning, dan Capital. Penelitian ini bertujuan menganalisis tingkat kesehatan Bank Bukopin Syariah selama periode 2021–2023 dengan menggunakan pendekatan RBBR. Penelitian menggunakan metode deskriptif kuantitatif dengan memanfaatkan data sekunder yang diambil dari laporan keuangan tahunan bank dan publikasi penilaian GCG. Analisis dilakukan dengan menghitung rasio keuangan yang mencerminkan risiko kredit, likuiditas, efisiensi, profitabilitas, serta kecukupan modal, kemudian dibandingkan dengan standar penilaian kesehatan bank yang berlaku. Hasil penelitian menunjukkan bahwa berdasarkan faktor Risk Profile, Bank Bukopin Syariah berada pada kategori Sehat, mencerminkan risiko yang terkendali. Faktor Good Corporate Governance memperoleh predikat Sehat, menunjukkan penerapan tata kelola yang baik. Dari sisi Earning, bank berada pada kategori Tidak Sehat, mengindikasikan kinerja profitabilitas yang belum optimal. Sementara itu, faktor Capital dinilai Sangat Sehat, menunjukkan permodalan yang kuat dan berada jauh di atas ketentuan minimum.
Dampak Ketidakpastian Kebijakan Ekonomi Global Terhadap Pembiayaan: Studi Bank Umum Syariah di Indonesia
Peningkatan volatilitas ketidakpastian ekonomi global dapat menimbulkan efek spillover pada perekonomian domestik, termasuk perbankan syariah. Penelitian ini mengkaji dampak Global Economic Policy Uncertainty (GEPU) terhadap pembiayaan bank umum syariah di Indonesia, dengan variabel spesifik-bank yaitu Capital Adequacy Ratio (CAR), Financing to Deposit Ratio (FDR), dan Non-Performing Financing (NPF) sebagai variabel kontrol. Penelitian ini menggunakan analisis regresi berganda pada data time-series bulanan dari Januari 2020 hingga Desember 2024. Temuan penelitian mengungkapkan bahwa GEPU memiliki pengaruh negatif tidak signifikan terhadap pembiayaan bank umum syariah. Hal ini menunjukkan bahwa ketidakpastian ekonomi global tidak secara signifikan menghambat pertumbuhan pembiayaan bank syariah. Sementara itu, variabel spesifik-bank memainkan peran penting: CAR dan FDR berpengaruh positif dan signifikan terhadap pembiayaan, sedangkan NPF memberikan dampak negatif dan signifikan terhadap pembiayaan bank umum syariah di Indonesia. Penelitian ini menegaskan pentingnya manajemen risiko yang kuat, kecukupan modal, dan optimalisasi likuiditas untuk mendukung pertumbuhan pembiayaan bank syariah. Pembuat kebijakan dan bank syariah harus memprioritaskan pemantauan kredit, kebijakan makroprudensial, serta literasi keuangan syariah untuk mengurangi dampak guncangan eksternal dan memperluas ekspansi pembiayaan.
Determinasi Kepuasan Nasabah BSI Mobile: Peran Kualitas Sistem, Informasi, dan Kemudahan Akses
This study aims to analyze the effect of system quality, information quality, and ease of access on customer satisfaction among users of the BSI Mobile application in Pekalongan Regency. This study uses a quantitative approach with purposive sampling techniques on 96 respondents. The data were analyzed using multiple linear regression with validity, reliability, and classical assumption tests. The results show that system quality has a significant negative effect on customer satisfaction, while information quality and ease of access have a significant positive effect. Simultaneously, all three variables have a significant effect on customer satisfaction. The finding regarding the negative effect of system quality is inconsistent with some previous studies, indicating that customers have high expectations of the performance of the BSI Mobile application. The implications of this study encourage improvements in system quality and user experience through system updates and digital education for customers.
Stabilitas Finansial Bank Muamalat Indonesia dalam Menyikapi Ancaman Resesi Global Stabilitas Finansial Bank Muamalat Indonesia dalam Menyikapi Ancaman Resesi Global
Resesi merupakan kondisi penurunan aktivitas ekonomi yang terjadi secara luas dan berlangsung selama beberapa bulan, yang ditandai dengan menurunnya produksi, pendapatan riil, dan tingkat ketenagakerjaan. Penurunan ini juga diikuti oleh berkurangnya daya beli masyarakat serta meningkatnya jumlah pengangguran terbuka. Penelitian ini bertujuan untuk menganalisis dinamika kinerja keuangan PT. Bank Muamalat Indonesia Tbk di tengah bayang-bayang ancaman resesi global. Penelitian ini menggunakan metode studi pustaka dengan pendekatan kualitatif deskriptif. Hasil analisis menunjukkan bahwa Capital Adequacy Ratio (CAR) Bank Muamalat Indonesia periode 2019 hingga kuartal ketiga 2023 berada pada kategori sangat sehat. Return On Assets (ROA) dalam periode yang sama berada dalam kondisi cukup sehat, sementara Non-Performing Financing (NPF) dan Financing to Deposit Ratio (FDR) berada dalam kondisi sehat. Adapun rasio Beban Operasional terhadap Pendapatan Operasional (BOPO) tercatat dalam kategori kurang sehat.
Green Marketing and Sustainable Consumer Behavior: A Study on Repurchase Intentions of Muslim Fashion Buttonscarves in Jabodetabek
This study investigates the impact of green marketing strategies, brand image, and brand trust on consumers' repeat purchase intentions concerning sustainable fashion products in Indonesia, focusing on Buttonscarves. In this context, green marketing strategies are considered a strategic approach that may influence consumer preferences and decisions regarding environmentally friendly products. The research aims to identify the characteristics of Buttonscarves consumers, examine the effects of variables such as environmentally friendly products, green products, green prices, and green promotions on repeat purchase intention, and assess the influence of brand image and brand trust on purchasing decisions. This study utilizes primary data collected through online questionnaires. The findings reveal that environmentally friendly products, green products, green promotions, and brand image significantly affect the repeat purchase intention of Buttonscarves products.
environment-friendly product, purchasing decisions, sustainable fashion
Pemetaan Penelitian Pembiayaan di Baitul Mal wat Tamwil: Studi Bibliometrik VOSviewer dan Literature Review
This study aims to map the development of studies on financing in Baitul Mal Wat Tamwil through a bibliometric approach with the help of a VOSviewer and a literature review. The study covers 56 years, from 1970 to 2025, with data obtained from searches on the Open Alex website using the keywords “financing in BMT” and “financing in Baitul Mal Wat Tamwil.” The search yielded a total of 568 scientific articles. These articles were then analyzed descriptively, processed using VOSviewer software, and reviewed through a literature review to obtain a visual overview of the mapping of developments in topics and research subjects related to financing in BMT. The analysis results show that publications on the funding in Baitul Mal Wat Tamwil have increased significantly yearly, but have declined in the last three years. Furthermore, based on the visual mapping with VOSviewer, it was found that research on financing in BMT is divided into 5 clusters. Meanwhile, the literature review identified 4 main themes and 42 research topics related to financing in BMT.
Review of Fiqh Muamalah on Online Buying and Selling Practices in the Digital Era
This study examines online shopping practices from the perspective of fiqh muamalah, particularly in response to problems such as fraud, damaged goods, and delivery issues. Using library research methods, the study concludes that online transactions are permissible as long as they comply with Islamic principles, including mutual consent, clarity of contract terms, and the presence of fair legal oversight. The results obtained from this study indicate that online shopping is allowed, if it is in accordance with the provisions of fiqh muamalah, namely not violating the provisions of religious law, there is an agreement between the seller and the buyer if something unwanted happens between the agreement (Alimdha') or cancellation (Fasakh), and there are strict and clear supervision, sanctions, and legal rules from the government to ensure that buying and selling using online transactions is permissible for the public
Implementasi Aplikasi E-Bekal dalam Meningkatkan Literasi Keuangan Santri di Pondok Pesantren Nurul Jadid Wilayah Al-Hasyimiyah
ABSTRAK Pondok Pesantren Nurul Jadid telah berinovasi dengan menerapkan aplikasi e-Bekal sebagai bentuk adaptasi terhadap perkembangan teknologi keuangan digital. Aplikasi ini dikembangkan untuk meningkatkan efisiensi pengelolaan keuangan santri, mengurangi risiko kesalahan pengelolaan dana, dan mendorong literasi keuangan di kalangan santri. Melalui kerja sama dengan Bank Syariah Indonesia, e-Bekal memungkinkan santri melakukan transaksi non-tunai dengan transparansi yang dapat dipantau oleh wali santri. Inovasi ini tidak hanya membantu meningkatkan kesadaran santri akan pentingnya literasi keuangan, tetapi juga menunjukkan kemampuan pesantren dalam merespons tantangan zaman dengan memanfaatkan teknologi. Untuk mengidentifikasi permasalahan tersebut, peneltian ini menggunakan metode penelitian kualitatif dengan jenis penelitian deskriptif, pengumpulan data melalui observasi, wawancara, dokumentasi, analisis data deskriptif serta keabsahan data menggunakan teknik triangulasi sumber. Hasil penelitian ini yaitu Pengimplementasian E-Bekal di Pondok Pesantren Nurul Jadid melalui petugas koperasi yang menginput biaya belanja barang santriwati dan menempelkan kartu di layar ponsel. Pemakaian E-Bekal hanya bisa digunakan oleh santri aktik Pondok Pesantren Nurul Jadid dan Penggunakan E-Bekal dapat meningkatkan literasi keuangan santri terbukti dari beberapa tabungan yang dimiliki santri dari hasil sisa limit harian yang tidak terpakai, mereka lebih memilih menabung dari pada memakai limit di esok harinya. Aplikasi E-Bekal terbukti efektif dalam meningkatkan literasi keuangan santri di Pondok Pesantren Nurul Jadid. Melalui fitur-fitur praktis dan user-friendly, santri menjadi lebih disiplin dalam mengelola uang saku mereka. Salah satu fitur di dalam E-Bekal yang dapat membantu meningkatkan literasi keuangan santri yakni fitur tabungan.
Analisis Komparasi Kinerja Bank Umum Syariah di Indonesia Menggunakan Maqashid Sharia Index
Sektor perbankan syariah di Indonesia menunjukkan pertumbuhan yang signifikan, namun metode pengukuran kinerja yang selaras dengan prinsip-prinsip syariah masih menjadi isu krusial. Penelitian ini bertujuan untuk menganalisis dan membandingkan kinerja Bank Syariah Indonesia (BSI) dan Bank Muamalat Indonesia (BMI) dengan menggunakan pendekatan Maqashid Sharia Index (MSI) selama periode 2022-2023. MSI berfungsi sebagai alat ukur untuk mengevaluasi sejauh mana kedua bank telah berhasil mencapai tujuan-tujuan syariah, yang mencakup pengembangan kualitas sumber daya manusia, penegakan prinsip keadilan, dan peningkatan kesejahteraan masyarakat. Data laporan keuangan tahunan dari BSI dan BMI dianalisis untuk menghitung skor MSI masing-masing bank, yang kemudian digunakan sebagai dasar perbandingan kinerja. Hasil penelitian mengungkapkan bahwa kedua bank mengalami peningkatan dalam pencapaian tujuan-tujuan syariah. BMI menunjukkan kinerja yang lebih baik dalam aspek penegakan keadilan, sementara BSI unggul dalam kontribusi terhadap pendidikan dan kesejahteraan. Penelitian ini menyajikan wawasan yang berharga bagi pengembangan industri perbankan syariah di Indonesia, serta dapat menjadi rujukan penting bagi penelitian-penelitian selanjutnya di bidang ini.
Analisis Efektivitas Pengelolaan dan Pendistribusian Zakat dalam Mengurangi Kemiskinan Melalui Program Pemberdayaan Ekonomi pada BAZNAS Kota Batu : Pendekatan Kuantitatif
The problem of poverty in the city of Batu is still exist which motivated by several factors due to the low provision of zakat, infaq and alms funds collected from the community through BAZNAS Batu City. The aim of this research is to see the effectiveness of zakat management and distribution carried out by BAZNAS Batu City. In this research, a quantitative method was used with a significance test approach. The population and sample in this study were 51 respondents using data collection techniques through questionnaires and data analysis using the Eviews 12 application. The results of the study stated that there is an economic empowerment program by BAZNAS Batu City. In helping to alleviate poverty in the people of Batu City, BAZNAS is recorded as running an economic empowerment program in twenty-three villages with various business assistance that has been distributed. The program of BAZNAS’ zakat empowerment in Batu City had a significance number of 0.0001 with significance criteria below 0.05, while the significance number for zakat distribution was 0.000 with the criteria significance below 0.05. Thus, the management and distribution of zakat at BAZNAS Batu City has a significant effect in reducing poverty. This is also supported by the change in position of mustahiq who have experienced economic development to become muzzaki at BAZNAS Batu City.
Market-Oriented Fundraising in Government Zakat Institutions: Evidence from Central Java, Indonesia
This study examines how government zakat institutions, specifically BAZNAS Solo, Boyolali, and Sragen, employ market-oriented fundraising strategies to enhance muzakki participation and trust in zakat distribution. Using a qualitative descriptive approach, data were collected through in-depth interviews with 10 BAZNAS officers and 10 muzakki, supplemented by relevant literature on market-oriented fundraising. The qualitative method was selected to capture the nuanced perspectives and contextual factors influencing the effectiveness of these strategies, which may not be fully understood through quantitative measures alone. The findings reveal that all three BAZNAS utilize digital applications (such as Simba lite and Muzakki Corner), community training, targeted socialization, and partnerships with online marketplaces and local organizations to increase zakat collection and public trust. However, challenges persist, including limited digital literacy among some donors and the need for improved transparency and accountability. These results highlight the importance of adaptive fundraising strategies for government zakat institutions and suggest that future research could benefit from a mixed-methods approach to evaluate the impact and scalability of these innovations.
Meningkatkan Profitabilitas pada Bank Umum Syariah melalui Rasio Keuangan
Penelitian ini bertujuan untuk menganalisis pengaruh Capital Adequacy Ratio (CAR), Financing to Deposit Ratio (FDR), Non Performing Financing (NPF) dan Biaya Operasional Pendapatan Operasional (BOPO) terhadap Return On Asset (ROA) pada Bank Umum Syariah Indonesia periode 2018-2022. Penelitian ini merupakan penelitian kuantitatif. Jenis data yang digunakan yakni berupa laporan keuangan tahunan yang diperoleh dari website resmi masing-masing bank dari tahun 2018-2022. hasil penelitian menyatakan bahwa variable FDR dan NPF tidak berpengaruh signifikan terhadap variabel ROA. Variabel CAR menunjukan bahwa CAR memiliki arah yang positif dan memiliki pengaruh yang signifikan terhadap ROA. Sedangkan variabel BOPO berpengaruh negatif dan signifikan terhadap profitabilitas (ROA). Kemudian berdasarkan hasil uji secara simultan (uji f), keempat variabel tersebut yaitu CAR, FDR, NPF, dan BOPO secara bersamaan berpengaruh signifikan terhadap ROA.
Biaya Operasional Pendapatan Operasional (BOPO)
Copyright (c) 2024 Velocity: Journal of Sharia Finance and Banking
Manajemen Laba: Ditinjau dari Aspek Profitabilitas, Laverage, Ukuran Perusahaan, Kepemilikan Manjerial, dan Dewan Komisaris
Penelitian ini bertujuan untuk menganalisis manajemen laba ditinjau dari aspek profitabilitas, leverage, ukuran perusahaan, kepemilikan manajerial, dan dewan komisaris pada perusahaan manufaktur food & beverage yang terdaftar di BEI Tahun 2020-2023. Sektor food and beverage merupakan sektor manufaktur andalan dalam memberikan sokongan yang besar bagi pertumbuhan dan perkembangan ekonomi nasional dan nilai investasi nasional. Metode penelitian ini adalah deskriptif dengan pendekatan kuantitatif. Data yang digunakan merupakan data sekunder yang bersumber dari laporan tahunan. Teknik sampling menggunakan purposive sampling. Berdasarkan kriteria yang telah ditentukan, diperoleh 13 perusahaan dalam kurun waktu pengamatan selama empat tahun menjadi sampel penelitian. Analisis data menggunakan regresi data panel dengan program aplikasi eviews 12. Hasil penelitian mensimpulkan bahwa (1). Profitabilitas memiliki pengaruh positif terhadap manajemen laba. Hal tersebut bermakna semakin tinggi tingkat profitabilitas semakin besar pula potensi praktik manajemen laba. (2). Variabel leverage tidak memiliki pengaruh terhadap manajemen laba. Dengan demikian leverage dianggap bukan sebagai faktor penentu dalam manajemen laba. (3). Variabel ukuran perusahaan tidak berpengaruh terhadap manajemen laba. Maknanya, laba dari berbagai ukuran dapat melakukan manajemen laba dengan cara yang sama, tanpa dipengaruhi oleh skala operasional atau total aset yang dimiliki. (4). Variabel kepemilikan manajerial memiliki pengaruh negatif terhadap manajemen laba. Hal ini berarti semakin besar proporsi kepemilikan manajer, semakin rendah kemungkinan terjadinya manipulasi laba (5). Variabel dewan komisaris tidak memiliki pengaruh terhadap manajemen laba. Hal tersebut bermakna bahwa fungsi pengawasan yang dijalankan oleh dewan komisaris tidak efektif dalam mencegah praktik manajemen laba.
Research Study of Financial Literacy in Southeast Asia, Especially Indonesia and Malaysia: A Bibliometric Analysis
This study aims to analyze trends, scientific contributions, and collaborations in financial literacy research in Southeast Asia using bibliometric methods. A total of 635 documents from the Scopus database, published between 2009 and 2024, were analyzed through co-citation, keyword co-occurrence, and bibliographic coupling techniques using VOSviewer. The analysis identified key contributors, leading affiliations, countries, and emerging research themes in the field. Results show a significant increase in publications, particularly after 2021, peaking in 2023. Indonesia and Malaysia emerge as the leading contributors, with Universiti Malaya and Universiti Teknologi MARA being prominent institutions. Malaysian authors, particularly Sabri, MF, dominate the region’s research landscape, while Indonesia leads in overall contributions. Themes such as financial behavior, Islamic financial literacy, fintech, and financial education are prominent, reflecting the growing complexity of financial literacy in the digital age. Notably, international collaborations involving Southeast Asian researchers with counterparts in the United States, the United Kingdom, and Germany underscore the global attention this field is attracting.this study emphasizes the need for enhanced cross-country and multidisciplinary collaboration to address financial literacy disparities in southeast asia. The findings are expected to inform targeted policies, foster innovation, and strengthen regional financial education initiatives, ultimately contributing to economic stability and inclusion in Southeast Asia.
Analisis Minat Berinfak Menggunakan QRIS: Studi Empiris Jamaah Masjid di D.I. Yogyakarta
This study aims to examine QRIS as a payment tool for donations among mosque congregants in the Special Region of Yogyakarta. Utilizing a modified Technology Acceptance Model incorporating the variables of trust and perceived risk, the research population consists of mosque attendees in D.I. Yogyakarta who have previously donated using QRIS. A sample of 139 respondents was collected through both online and offline questionnaire distribution. The analysis technique employed is PLS-SEM. The findings indicate that perceived ease of use and trust positively influence attitudes toward using QRIS. Conversely, perceived usefulness does not significantly affect attitude toward using. Additionally, perceived ease of use positively impacts perceived usefulness, while perceived risk does not influence attitude toward using. However, perceived risk negatively affects trust. Notably, the attitude toward using QRIS positively correlates with intending to use it for donation purposes. The results suggest that attitude toward QRIS is the most significant contributor to the intention to use it. This study is expected to serve as a reference for Islamic banks and mosque management in fostering collaboration to educate congregants about QRIS, facilitating its adoption and enhancing interest in using QRIS as a payment method for donations.
The Role of Sharia Cooperatives in Batik Industry Development: A Case Study in the Batik Industry Sector of Pekalongan Regency
This research aims to analyze the role of sharia cooperatives in the economic development of the batik industry in Pekalongan Regency, an area known as the center of the batik industry in Indonesia. Using a qualitative approach through a case study method, this research focuses on the aspects of sharia-based financing, entrepreneurship training, and market network strengthening. The results show that sharia cooperatives have a significant contribution in improving the productivity, competitiveness and sustainability of batik businesses. Islamic cooperatives provide access to usury-free financing, support sharia-based financial education, and assist businesses in preparing financial reports in accordance with accounting principles. However, Islamic cooperatives face various challenges, including limited human resources, access to capital, and a lack of public understanding of the principles of Islamic economics. This study emphasizes the importance of strategic support from the government and other stakeholders to strengthen the role of Islamic cooperatives in supporting inclusive and sustainable economic growth.
Analisis Pengaruh Prinsip-Prinsip Tasawuf, Literasi Keuangan Syariah, dan Kualitas Pelayanan terhadap Keputusan Nasabah dalam Memilih Produk Perbankan Syariah
Penelitian ini bertujuan untuk menganalisis pengaruh Prinsip-Prinsip Tasawuf, Literasi Keuangan Syariah, dan Kualitas Pelayanan terhadap Keputusan Nasabah dalam Memilih Produk Perbankan Syariah. Penelitian dilakukan dengan pendekatan kuantitatif menggunakan data primer yang diperoleh melalui kuesioner yang dibagikan kepada 150 responden. Kuesioner mencakup empat variabel utama, yaitu prinsip-prinsip tasawuf, literasi keuangan syariah, kualitas pelayanan, dan keputusan nasabah. Metode analisis data yang digunakan adalah uji statistik regresi linear berganda untuk mengetahui pengaruh masing-masing variabel independen terhadap keputusan nasabah. Hasil penelitian menunjukkan bahwa ketiga variabel independen secara simultan memiliki pengaruh yang signifikan terhadap keputusan nasabah dengan tingkat signifikansi 0,000 dan F_hitung 65,512. Prinsip-Prinsip Tasawuf memiliki pengaruh signifikan dengan sebesar 6,233, yang menunjukkan bahwa nilai-nilai spiritualitas berperan dalam keputusan nasabah. Literasi Keuangan Syariah tidak berpengaruh signifikan dengan hasil uji t_hitung sebesar 0,424, hal ini menunjukkan bahwa pemahaman nasabah tentang produk dan layanan syariah belum tentu mempengaruhi keputusan mereka. Kualitas Pelayanan dengan nilai t_hitung sebesar 2,221 lebih besar dari t_tabel, yang menunjukkan bahwa pelayanan yang berkualitas sangat berperan dalam menarik minat nasabah. Temuan ini menegaskan bahwa untuk menarik lebih banyak nasabah, perbankan syariah harus mempertahankan kualitas pelayanan, meningkatkan literasi keuangan syariah di masyarakat, serta memastikan bahwa prinsip-prinsip tasawuf menjadi bagian integral dari operasional perbankan syariah. Implikasi penelitian ini menunjukkan pentingnya integrasi nilai-nilai spiritual, edukasi literasi keuangan, dan pelayanan prima dalam pengembangan industri perbankan syariah.
Peranan Kualitas Layanan pada Aplikasi PLN Mobile dan Harga terhadap Kepuasan Pelanggan di PT. PLN (Persero) UP3 Palembang ULP Rivai
Penelitian ini bertujuan untuk mengukur pengaruh kualitas layanan melalui aplikasi PLN Mobile terhadap kepuasan pelanggan di PT. PLN (Persero) UP3 Palembang ULP Rivai. Metode penelitian yang digunakan adalah pendekatan kuantitatif dengan mengumpulkan data melalui kuesioner yang disebarkan kepada pelanggan PLN. Analisis data dilakukan menggunakan metode statistik untuk menentukan hubungan antara kualitas layanan dan kepuasan pelanggan. Hasil penelitian menunjukkan bahwa kualitas layanan yang diberikan melalui aplikasi PLN Mobile memiliki pengaruh positif signifikan terhadap kepuasan pelanggan. Temuan ini menunjukkan pentingnya peningkatan kualitas layanan melalui teknologi digital untuk meningkatkan kepuasan pelanggan dan memperkuat reputasi perusahaan.
PT. PLN (Persero) UP3 Palembang ULP Rivai
Problematics of Murabaha Agreement in Indonesian Islamic Banking: A Systematic Literature Review
This study aims to investigate the dynamics and challenges of Murabaha practices in Indonesian Islamic banking. Using a systematic literature review (SLR) method, it examines 17 peer-reviewed articles published between 2014 and 2024, retrieved from Google Scholar and Scopus databases. The study finds that Murabaha is the most dominant financing contract in Indonesian Islamic banking and plays a crucial role in supporting national economic development, particularly through micro, small, and medium enterprise (MSME) financing. However, findings reveal widespread use of the annuity method and frequent violations of ownership principles in Murabaha bil wakalah contracts, posing significant Sharia compliance risks. These challenges are further exacerbated by non-transparent margin setting, limited knowledge among practitioners and customers, weak regulatory oversight, and the preference of Islamic banks for operational simplicity and liquidity over strict adherence to Sharia principles. Such practices may undermine the authenticity and credibility of Islamic financial instruments. To address these concerns, this study recommends improving Sharia literacy among implementers and customers, and strengthening the institutional role and authority of the Sharia Supervisory Board (DPS). These steps are essential to ensure that Murabaha financing remains compliant with Islamic legal principles and contributes effectively to the ethical development of Indonesia’s Islamic banking sector.
The Influence of Leadership Style, Work Discipline and Compensation on Employee Performance in the Regional Government of Ogan Komering Ilir Regency
This research aims to examine and analyze the influence of leadership style, work discipline and compensation on employee performance at the Regional Government Personnel, Education and Training Agency of Ogan Komering Ilir Regency. This research uses field research methods to study the background of the current situation and the social interactions within it. The research object was carried out in this environment by taking 45 employees as samples. Data collection was carried out through questionnaires using a Likert scale for quantitative analysis. The analysis techniques used include validity tests, reliability tests, and multiple linear regression analysis. To test the hypothesis, this research uses the F test, Coefficient of Determination test, and T test. The research results show that leadership style and work discipline do not have a significant influence on employee performance, while compensation has a positive and significant influence. This research suggests that future research can expand literature or articles as a reference to facilitate research, as well as adding other variables that have the potential to influence employee performance. It is also hoped that future research will use more holistic methods and integrate quantitative and qualitative approaches to gain a deeper understanding of the complexity of organizational dynamics. Thus, future research is expected to provide more comprehensive and relevant insights for the development of effective human resource management strategies in complex and dynamic work environments.
Meningkatkan Kepuasan Nasabah dengan Kualitas Pelayanan, Citra Perusahaan dan Kepercayaan pada Bank Jateng Syariah Cabang Pekalongan
Penelitian ini bertujuan untuk mengukur kepuasan nasabah dalam menabung. beberapa variabel digunakan diantaranya Kualitas pelayanan sebagai landasan utama untuk mengetahui tingkat kepuasan konsumen, citra perusahaan merupakan salah satu aset terpenting yang selayaknya harus terus menerus dibangun dan dipelihara, yang mempengaruhi kepuasan dalam bertransaksi adalah citra perusahaan itu sendiri dan kepercayaan. Penelitian ini termasuk dalam jenis penelitian field research dengan metode kuantitatif. Populasi dalam penelitian ini adalah nasabah di Bank Jateng Syariah Pekalongan. Metode pengumpulan data dalam penelitian ini adalah metode kuesioner dengan sampel sebanyak 100 responden. Teknik pengambilan sampel menggunakan accidental sampling dengan rumus Slovin. Beberapa pengujian dilakukan dalam penelitian ini diantaranya uji validitas, uji reliabilitas, uji asumsi klasik, analisis regresi linier berganda, dan uji hipotesis dengan bantuan SPSS 20.Hasil penelitian menunjukkan bahwa variabel kualitas pelayanan tidak berpengaruh terhadap kepuasan nasabah. Variabel citra perusahaan berpengaruh terhadap kepuasan nasabah. Variabel kepercayaan berpengaruh terhadap kepuasan nasabah.
Service Quality dan Digital Banking meningkatkan Loyalitas Nasabah Bank Syariah Indonesia? Kepuasan sebagai Variabel Intervening
Bank Syariah Indonesia tak lepas dari nasabah yang menjadi peran penting dalam menjalankan kegiatan operasionalnya. Terdapat beberapa faktor yang menjadi pengukur kepuasan nasabah. Hal ini menjadi penting untuk diketahui agar loyalitas nasabah yang telah ada dapat tetap dipertahankan dan ditingkatkan. Tujuan dilakukan penelitian ini adalah untuk mengetahui pengaruh service quality dan digital banking terhadap loyalitas nasabah pada Bank Syariah Indonesia dengan kepuasan sebagai variabel intervening (Studi kasus: nasabah BSI pada civitas akademika di FEBI UIN K.H. Abdurrahman Wahid Pekalongan). Jenis penelitian yang digunakan adalah penelitian lapangan atau field research dengan pendekatan kuantitatif. Jenis data yang digunakan dalam penelitian ini adalah data primer, yang diperoleh dari hasil penyebaran kuesioner. Populasi pada penelitian ini adalah civitas akademika di FEBI UIN K.H. Abdurrahman Wahid Pekalongan, baik dosen, staff, maupun mahasiswa. Sampel pada penelitian ini adalah 96 responden dengan menggunakan rumus lemeshow. Teknik pengambilan sampel yang digunakan dalam penelitian ini yaitu teknik purposive sampling. Purposive sampling adalah teknik pengambilan sampel dengan responden memiliki karakteristik khusus yaitu civitas akademika di FEBI UIN K.H. Abdurrahman Wahid Pekalongan, menggunakan BSI minimal 6 bulan, dan minimal bertransaksi lebih dari tiga kali. Teknik analisis data menggunakan uji validitas, uji reliabilitas, uji asumsi klasik (uji normalitas, uji multikolinieritas, uji heteroskedastisitas), path analysis, uji hipotesis (uji t dan uji r^2). Hasil penelitian ini diperoleh bahwa service quality berpengaruh dan signifikan terhadap kepuasan nasabah dan hasil ini mendukung mediasi parsial kepuasan nasabah antara service quality terhadap loyalitas nasabah. Digital banking tidak berpengaruh dan tidak signifikan terhadap kepuasan nasabah dan hasil ini menolak mediasi parsial kepuasan nasabah antara digital banking terhadap loyalitas nasabah. Service quality tidak berpengaruh dan tidak signifikan terhadap loyalitas nasabah. Digital banking berpengaruh dan signifikan terhadap loyalitas nasabah. Kepuasan nasabah berpengaruh dan signifikan terhadap loyalitas nasabah. Kepuasan nasabah memediasi pengaruh service quality terhadap loyalitas nasabah, adanya hubungan antara service quality dengan loyalitas nasabah pada BSI yang dimediasi oleh kepuasan nasabah. Service quality dipengaruhi baik secara langsung maupun tidak langsung terhadap loyalitas sebagai akibat dari kepuasan nasabah. Dan yang terakhir kepuasan nasabah tidak memediasi pengaruh digital banking terhadap loyalitas nasabah.