Wealth: Journal of Islamic Banking and Finance

The Role of Work Ethics in Mediating the Effect of Religiosity and Commitment on Work Quality A Case Study: Baitul Maal wat Tamwil in Brebes and Pubalingga Regencies

Toufan Aldian Syah — Fri, 08 Dec 2023 00:00:00 +0700

The research aims to determine the effect of religiosity and commitment on employee work ethic, then the effect of religiosity, commitment, and work ethic on work quality and the effect of religiosity on work quality through work ethic and the effect of commitment on work quality through the work ethic of Islamic Savings and Loans and Financing Cooperatives (KSPPS ) Baitul Maal wat Tamwil in the South Central Java Region with a focus on research locations in Brebes Regency and Purbalingga Regency. This research is a quantitative study with 56 BMT employees in Brebes and Purbalingga Regencies. The data collection uses a questionnaire tested for validity and reliability, while the data analysis uses SEM-PLS analysis using Smart-PLS 3.2.9 software. After analyzing the data, several conclusions were obtained: (1) religiosity and commitment have a positive effect on employee work ethic; (2) religiosity and work ethic have a positive effect on the quality of employee work; (3) commitment does not affect the quality of employee work; (4) work ethic is proven to have a role as a mediating variable on the effect of religiosity on work quality; (5) work ethic is proven to have a role as a mediating variable on the effect of commitment to the work quality.

The Influence of Islamicity Performance Index and Liquidity Through Intellectual Capital on the Financial Performance of Islamic Commercial Bank

Ilham Faizal, Riris Aishah Prasetyowati — Fri, 08 Dec 2023 00:00:00 +0700

This study aims to analyze the influence of Islamicity Performance Index and Liquidity Through Intellectual Capital on the Financial Performance of Islamic Commercial Banks. The type of data used in this study is panel data, namely quarterly from 2019 to 2021 and using samples of 5 (five) Sharia Commercial Banks with Purposive Sampling techniques as the sampling technique used in this study. The analysis method used in this study is panel data regression analysis and Path analysis using Eviews 10.0 and Microsoft excel 2016 software. The results in this study show that the Islamicity Performance Index has a significant effect on Intellectual Capital. Liquidity has a significant effect on Intellectual Capital. Islamicity Performance Index has a significant effect on Return On Assets. Liquidity has a significant effect on Return On Assets. Intellectual Capital does not have a significant effect on Return On Assets. Meanwhile, simultaneously the Islamicity Performance Index and liquidity have a significant effect on Intellectual Capital. Islamicity Performance Index, liquidity, and Intellectual Capital have a significant effect on Return On Assets.

The Influenceof Sharia Financial Technology on the Development of MSMEs

Muhammad Wandisyah R Hutagalung, Ferri Alfadri, Eswin Nasution — Fri, 08 Dec 2023 00:00:00 +0700

Currently, the use of fintech is very common in everyday life and continues to increase, but there are still many MSME players who have not been able to realize and be able to use it properly. Increasing financial literacy and the use of fintech can be a big model to help MSME players minimize the risks that occur in making decisions to improve financial performance. The purpose of this study is to determine and analyze the influenceof Fintech Peer to Peer Lending and Payment Gateway on the development of MSMEs in North Sumatra Province. This type of research is field research with a Quantitative approach with primary data obtained from questionnaires that have been distributed to MSME actors in North Sumatra Province, totaling 109 samples which are then processed with Structural Equation Modeling (SEM) techniques.
Judging from the results of structural model analysis or inner model throughhypothesis testing path coefficients and T statistical significance values by determining T-statistical values through bootstrapping procedures. So it can be concluded that X1 or P2P has a positive and significant effect on the development of MSMEs in North Sumatra Province. While the resulting value in the variableX2 to Y with t Statistic 2.131 and p Value 0.034 can be explained by the value of t Statistic 2.131 > t table 1.96 or p Value 0.034 < 0.05, then statistically H2 is accepted meaning that variable X2 has a significant effect on Y. So it can be concluded that X2 or Payment Gateway has a positive and significant effect on the development of MSMEs in North Sumatra Province. variabel X2 berpengaruh signifikan terhadap Y. So it can be concluded that X2 or Payment Gateway has a positive and significant effect on the development of MSMEs in North Sumatra Province.

Halal Tourism: Potential and Prospects in Improving the Economy and Developing Mosque-Based Regional Tourism (Case Study of Nur Ala Nur Gread Mosque, Mandailing Natal)

Delima Sari Lubis, Paisal Rahmat, Ainun Nisa Brt, Nurhikmah Aulia — Fri, 08 Dec 2023 00:00:00 +0700

This study discusses about Halal Tourism: Potential and Prospects in Improving the Economy and Developing Regional Tourism (Case Study of the Great Mosque of Nur Ala Nur Mandailing Natal), because the potential of halal tourism in Mandailing Natal supported by the majority Muslim population, has the Oldest Boarding School in Sumatra (Mustafawiyah) and having the most Islamic boarding schools in cities at North Sumatra is expected to have an influence on improving the economy and developing regional tourism as a mosque-based halal tourist destination. The research was conducted with qualitative analysis to identify the potential of Mandailing Natal Regency as a mosque-based halal tourism destination in North Sumatra Province. The results of this study. First, that the Mandailing Natal District has the potential to increase the economy and develop tourism Mosque-based areas because they are supported by the social culture of the majority Muslim community, also supported by the number of tourist data that increases every year, as well as the most Islamic boarding schools in North Sumatra Province and the oldest in Sumatra. Second, the potential for halal tourism of the Great Mosque of Nur Ala Nur Mandailing Natal has progressed every year because it is supported by the 20 shops and 1 Caffe Mandhahiling Coffee and Mobile Trade in the mosque area, also near to Aek Batang Gadis tourism, Panatapan, Raja Batu Park, and Sampuraga

Comparative Analysis of Waqf Link Governance of Sukuk (CWLS) Money to Finance Infrastructure in the Perspective Studies of Law Number 41 of 2004 and Sharia Economic Law Study

Doddy Afandi Firdaus, Masngudi Masngudi — Fri, 08 Dec 2023 00:00:00 +0700

Sukuk-waqf is an innovation for economic sustainability, overcoming the humanitarian funding gap, for charitable fundraising or humanitarian purposes, and a modern scheme for developing waqf assets. CWLS is a cash waqf program resulting from collaboration and innovation in Islamic finance and social investment in Indonesia. The existence of CWLS contributes to the development of the Islamic economy in Indonesia. This shows that the capacity of the sharia economy is broad and makes a contribution to national development. The approach in this study uses a Socio-Legal and Hermeneutic approach. In Law 41 of 2004 concerning Waqf related to Financing it is explained in Article 59, namely in carrying out BWI duties, the Government is obliged to assist with operational costs. CWLS is allowed because it is in Law Number 41 of 2004 and clarified by Law number 42 of 2006. In the governance of the implementation of CWLS in Indonesia it has been carried out in accordance with an Islamic economic perspective, it has been proven that the DSN-MUI Fatwa regarding Wakaf Sukuk has been established.