Islamic Business Research Articles

The Effect Of Entrepreneurship Competence And Islamic Business Ethics On The Performance Of Micro And Small Enterprises (SMEs) Makassar

The objective of this study is to (1) investigate the effect of entrepreneurial skills on the performance of micro and small enterprises (MSEs) in Makassar, (2) explore the implications of Islamic business ethics on the performance of MSEs in Makassar. The primary data were collected using questionnaires and multiple regression analysis. The population of this study were all participants of MSEs in Pasar Cidu, Makassar, and the sample used in this study consisted of 40 representatives, and the data obtained were analyzed by IBM SPSS Statistics 26. The results of this study indicate that (1) several business skills have a significant influence on the performance of SMEs, (2) some Islamic business ethics have a significant influence, and (3) both variables concurrently have a significant impact on the performance of SMEs in small and medium enterprises. So far, research findings suggest that entrepreneurial competence and Islamic business ethics strongly influence the performance of SMEs in Makassar. The significance of this study is to show that entrepreneurial ability has a substantial impact on the performance of SME participants. Likewise, Islamic business ethics influence consumers in making a purchase decision.

Does Banking Risk And Macroeconomics Variables Matter For Agricultural Sector? Evidence From Lampung Province

This research is conducted to investigate the factors that influence the financing of the agricultural sector on Islamic banking in Lampung Province. The data used in this research is time series data from Islamic Commercial Banks (BUS) and Islamic Business Units (UUS) in Lampung Province totaling 120 samples. The data are obtained from the statistical reports of the Financial Services Authority (OJK) on sharia banking in Indonesia, and data from the Indonesia Statistics (BPS). The method used is a quantitative analysis using multiple linear regression. This study shows that the variables of Financing to Deposit Ratio (FDR) and TPF have a positive and significant correlation. However, the SBIS variable has a negative and insignificant effect on Agricultural sector financing. On the other hand, the Non-Performing Financing (NPF) variable has a negative and significant correlation, and the variable Inflation has a positive and insignificant on the agricultural sector financing in Lampung province.

Study on Sharia Compliance Principles in Halal Tourism Business in Bandung Regency: An Implementation of Islamic Business Ethics Principles (Professional Ethics)

The purpose of this study is to reveal the sharia compliance of the halal tourism business in Bandung Regency, where halal tourism in its implementation must be carried out by prioritizing the principles of Islamic business ethics (Professional Ethics), meaning that the principles of Islamic business ethics in the context of halal tourism in Bandung Regency must submissive (obedient) in a syar'i, especially in promoting the principles of Islamic business ethics, namely by prioritizing Islamic services with the aim of providing comfort for Muslim tourists in particular. In addition, the principles of Islamic service are expected to be able to realize professional ethics in doing business in an Islamic way, especially in carrying out halal tourism activities, especially for tourism industry players in Bandung Regency. This literature review uses the theory of Islamic business ethics as coined by Hamid Salam and Abdalla Hanafi including: a) Ethics to always convey the truth; b) Ethics to be trusted; c) Ethics to do something sincerely; d) Brotherhood ethics; e) Mastery of science; f) Ethics of Justice. The findings of this study are the principles of Islamic business ethics (professional ethics) in the implementation of the halal tourism business in Bandung Regency referring to the Bandung Regency Regional Regulation (Perda) Number 6 of 2020 concerning Halal Tourism, where there are several principles that must be met in running tourism. Halal in Bandung district which includes: a). set as needed; b). facilitate; c). according to ability; d). gradually; e). priority scale; and f). Inclusive. In addition, there is the concept of the Code of Ethics for Tourism (GCET) or the Global Tourism Code of Ethics as a reference for sustainable tourism development in Bandung Regency which includes economic, social, cultural, and environmental components. This is because Indonesia is not an Islamic country but a country where the majority of the population is Muslim, so it is necessary to prioritize the values of Rahmatan lil 'Alamin in business (muamalah), especially in terms of additional service activities in halal tourism in Bandung Regency. In addition, indicators of sharia compliance in halal tourism in Bandung district are referring to 2 regulations, namely local regulations (perda) Bandung district number 6 of 2020 concerning halal tourism, and DSN-MUI fatwa No: 108/DSN-MUI/2016 concerning guidelines for tourism implementation. based on sharia principles.

Implementation of Business Ethics on Floating Market Traders Lok Baintan, South Kalimantan

The Lok Baintan Floating Market in South Kalimantan is an intangible cultural heritage that is one of the cultural tourist attractions in the city of Banjarmasin. The floating market has existed since the 14th century, although there has been a decline in buyers because infrastructure growth on land has shifted. But currently, apart from buyers from riverside communities, tourists also dominate. The aim of this research is to provide insight into the Islamic business ethics of floating market traders and to increase awareness among floating market traders regarding good business ethics at a time when other businesses are developing rapidly in the modern business era. This research is a descriptive qualitative type of research using field research to provide information, facts, and data regarding the business ethics of Islamic traders at the Lok Baintan Floating Market, South Kalimantan. The population of this research is floating market traders. The sample in this study used a snowball sampling technique, so that 10 main informants were obtained from traders. As for research instruments using observations, interviews, and documentation. Research finds that business ethics is well applied by traders through the principles of unity, free will, equilibrium, responsibility, and benevolence. Although on the principle of free will found ways of forcing approaches and trying to convince buyers to buy, this behavior is just as a strategy of proactive marketing in a customer-seeking approach.

Genealogy of Islamic Business Organization: The Institutional Approach Towards Current Islamic Corporate Law

This article examines the social foundation which posed challenges to the adoption of corporate form as a business entity within the framework of Islamic legal tradition. This article employs juridical-normative research analysis with socio-legal approach. This paper concludes: (1) The corporate legal form was not required by the medieval Islamic legal system as well as the case in Western Europe due to several reason such as: an institutional vacuity; withdrawal of community capital resources into waqf institutions; stagnancy in institutional development of business organizations in Islamic law; and inability of the Muslim business elite to consolidate power. (2) In classical fiqh discussions, Islamic business organizations do not have legal personality. The closest approximation to corporate legal entities found in Islam have been bayt al-māl (public treasury), mosque property, and waqf (trusts). Recently, the scholars have approved the corporate form on the basis of fiqh principles of qiyas (analogy) and istihsan, or masaliha mursalah (public interest).

Online Business According to Islamic Business Ethics with A Reseller System in Bantarjati Village, Klapanunggal District

In this era, sellers can take advantage of many technological developments, such as online sales transactions. Business actors need to be reviewed and analyzed in terms of the practice of buying and selling online with the reseller system and the application of Islamic business ethics in buying and selling online with the reseller system in Indonesia has been implemented properly and correctly. In this study, data was collected through a questionnaire which was distributed to 10 people where the respondents had been involved in the online reseller sales system. The results of the responses to this questionnaire will be collected for observation and analysis in more detail and depth. The results of this study indicate that, of the 10 informants buying and selling online with a reseller system, at least there are still those who have not implemented Islamic business ethics. This can be seen from the explanation of shop operating hours and delivery of goods, responsibility for the products sold and complaints from consumers, and being honest in selling does not display images that are not from the product itself. Business actors must understand, understand and apply Islamic business ethics in order to create a sense of justice and protect consumer rights in buying and selling transactions online. Islamic business ethics includes four aspects, honest and trustworthy, disciplined, responsible and grateful.

Dampak Perkembangan Teknologi dan Digitalisasi dalam Bisnis Syariah Analisis Sosiologi Hukum terhadap Perubahan pada Praktik Transaksi Keuangan Islam

This article aims to analyze the impact of digitization of technological developments on Sharia business activities regarding Islamic financial transactions. Analyzing in the sociology of law regarding changes in Islamic financial transactions in the era of digitalization. With the development of digitalization technology, there are significant changes in aspects of life, especially in Islamic finance. The nature of this research is qualitative research with an analytical descriptive approach, and legal sociology analysis, the method used is the collection of a number of data through library research. In the analysis of legal sociology, it understands how the community and Islamic economic actors adapt to these changes and how to interpret changes in sharia with the digitalization of technological advances. In Sharia business and Islamic finance with the digitalization of technological developments there are many changes to these changes, there is a need to comply with sharia principles such as respecting the integrity of Islamic values. This discussion provides insight into how Islamic businesses can thrive in the digital age without compromising religious values.
 Keywords: Islamic business digitalization, sociology of law, Islamic financial transactions

Pengaruh Sekolah Pasar Modal terhadap Pengetahuan Investasi Saham Mahasiswa Manajemen Keuangan Syariah UIN Sayyid Ali Rahmatullah Tulungagung

This study aims to see the difference before and after the implementation of the Capital Market School (SPM) on stock investment knowledge in Sharia Financial Management (MKS) study program students, Faculty of Economics and Islamic Business (FEBI) UIN Sayyid Ali Rahmatullah Tulungagung. The type of approach used in this research is a quantitative approach, while the type of research is quasi experimental (pseudo experimental research). The research design used is one group pre test-post test design, so that research data is obtained from SPM participants as respondents who are measured using a pre-test before the SPM is implemented, and a post-test after the SPM. The population used is MKS students who are SPM participants, with a total population of 129. While the sample used was 30 MKS students as SPM participants who met the criteria in sampling. The sampling technique is purposive sampling using predetermined sampling criteria. While the type of data source used is primary data, which is obtained from the pre-test and post-test of SPM participants. The variables used are SPM as the dependent variable, and stock investment knowledge as the independent variable. While the data collection technique used is the test method, all of which data is obtained from the results of measuring the investment knowledge of MKS students using measuring instruments in the form of pre-test and post-test. The results of hypothesis testing using paired sample t-test show that there is a significant difference in students' stock investment knowledge before and after the implementation of SPM.

Review of Islamic Business Ethics on Buying Practices of Round Coconut

This research aims to find out how the practice of buying and selling coconuts is made and reviewing Islamic business ethics in the practice of buying and selling round coconuts in Muara Sabak Ilir Village, Muara Sabak Timur District, East Tanjung Jabung Regency. The type of research that the author conducted was field research, using qualitative research methods and data collection techniques in the form of observation, interviews and documentation. Then for data analysis, the author uses data reduction methods, data presentation, and drawing conclusions. Based on cases in the field related to the practice of buying and selling round coconuts in Muara Sabak Ilir Village, Muara Sabak Timur District, East Tanjung Jabung Regency, there are two weighing methods that are often carried out, namely per kilo weighing and per seed weighing. In weighing each seed, the size of the coconut will be calculated equally, so it can be said that buying and selling in this kind of weighing contains an element of uncertainty, because there is a lack of transparency regarding the weight of coconuts in buying and selling transactions, which can cause losses for sellers (farmers). From the results of this research, it can be seen that from a review of business ethics in the practice of buying and selling round coconuts in Muara Sabak Ilir Village, Muara Sabak Timur District, East Tanjung Jabung Regency, it is still not in accordance with the principles of Islamic business ethics, because there are differences between farmers who have debt and those who have no debt. Where when coconut farmers have debt they cannot choose which weighing method to use when buying and selling coconuts, because the choice of weighing scale is determined unilaterally by the coconut buyer (toke). Then as long as the seller (farmer) still has a debt with the coconut buyer (toke), they cannot sell the coconut to another buyer (toke).

Penerapan Etika Bisnis Islam Dalam Produksi Budidaya Jamur Tiram Putih “Sari Kayu” Kecamatan Jetis Kabupaten Mojokerto

This research aims to answer the problem formulation in this research, namely how the production process of white oyster mushroom cultivation "Sari Kayu", and how to apply Islamic business ethics in the production of white oyster mushroom cultivation "Sari Kayu", Jetis District, Mojokerto Regency. The research methodology used in the research conducted on the cultivation of white oyster mushrooms “Sari Kayu” uses a descriptive qualitative approach. As for this study using field research methods and based on primary data and secondary data. The technique of collecting data is by means of observation, interviews, and documentation. The research results obtained from this research are that the production process is in accordance with the production process in Islam, and the overall production activity has met the principles of Islamic business ethics and applies the principles of production in Islamic Economics

Faktor-faktor Pendorong Penyebab Terjadinya Sistem Tallaqi Rukban Pada Komoditas Hasil Pertanian

Tallaqi rukban is a buying and selling practice that is considered to violate Islamic business law. This practice is detrimental to one party, where the buyer buys the farmer's goods and deviates from the market price. This research is to determine the factors driving the practice of the tallaqi rukban system on agricultural commodities. This type of research is qualitative with a case study research approach. Primary data sources were obtained through interviews and observation methods. Based on the results of the study, the Tallaqi Rukban system still applies in some communities. The tallaqi rukban system, apart from being detrimental to village farmers, will also have an impact on market balance. The driving factors for the Tallaqi Rukban system in Kerinci are: Lifestyle; increased demand for goods; and Lack of knowledge of traders about the tallaqi rukban buying and selling system 
 Keywords: Islamic Economics, Market Mechanism, Tallaqi Rukban.

Islamic Business Ethics in Fiqh on the Transaction of Corn Crops by Estimation System in Nagari Sumanik, Salimpaung District, Tanah Datar Regency

Muamalah is a human activity that cannot be separated from life, which aims to obtain income and fulfil life's needs in order to achieve a better life. The Principles of Islamic Business Ethics was analyzed to find how it affects the income earned by farmers. It aims to add to the khazanah literature in the field of muamalah in particular. One of them is the trade relationship (buying and selling), which is encountered in daily life. Buying and selling activity is a form of muamalah transaction recommended by Islam. People often do it easily, without knowing whether the buying and selling transactions carried out are contrary to muamalah fiqh. Therefore, in its process, the pillars and conditions must be fulfilled to avoid voiding and damaging the transaction as happened in the practice of buying and selling corn by estimation in Nagari Sumnaik. The objectives of this study are to find out the buying and selling process, its practice, and the Islamic Business Ethics perspectives of muamalah fiqh on buying and selling corn with the estimation system. The method used descriptive qualitative sourced from primary and secondary data. Data collection techniques were through interviews, documentation, observation. The data analysis method used qualitative descriptive analysis. The results of this study indicated that the buying and selling process of corn with estimation system in Nagari Sumanik is not valid because there are conditions that are not fulfilled according to Islamic provisions, as well as the unfair element of compulsion in setting prices and not given the right khiyar if something unwanted happens in the estimation buying and selling transaction.

Perspektif Etika Bisnis Islam Terhadap Manajemen Laba

This study's definition of earnings management is based on Schipper's view that earnings management is "managed engineering" by management to deliberately intervene in the process of determining earnings or financial reporting by utilizing accounting methods and policies for specific purposes. The purpose of this study is to investigate the earnings management practices from the point of view of Islamic business ethics. This study employs interviews, descriptive qualitative methods, techniques for data collection, and literature reviews. The study's findings demonstrate that Islamic business ethics do not apply to earnings management. The principles of monotheism and unity are embedded in Islamic business ethics. equal, balanced; freedom; responsibility; kindness, charity

LEGAL COMPLIANCE ON SHARIA ECONOMICS IN HALAL TOURISM REGULATIONS

The purpose of this study is to reveal the sharia compliance of the halal tourism business in Bandung Regency, where halal tourism in its implementation must be carried out by prioritizing the principles of Islamic business ethics (Professional Ethics), meaning it must submissive (obedient) in a syar'i, by prioritizing Islamic services with the aim of providing comfort for Muslim tourists in particular. In addition, the principles of Islamic service are expected to be able to realize professional ethics in doing business in an Islamic way, especially in carrying out halal tourism activities, especially for tourism industry players in Bandung Regency. This literature review uses the theory of Islamic business ethics as coined by Hamid Salam and Abdalla Hanafi including: a) Ethics to always convey the truth; b) Ethics to be trusted; c) Ethics to do something sincerely; d) Brotherhood ethics; e) Mastery of science; f) Ethics of Justice. The findings of this study are the principles of Islamic business ethics (professional ethics) in the implementation of the halal tourism business in Bandung Regency referring to the Bandung Regency Regional Regulation (Perda) Number 6 of 2020 concerning Halal Tourism, where there are several principles that must be met in running tourism. Halal in Bandung district which includes: a). set as needed; b). facilitate; c). according to ability; d). gradually; e). priority scale; and f). Inclusive. In addition, there is the concept of the Code of Ethics for Tourism (GCET) or the Global Tourism Code of Ethics as a reference for sustainable tourism development in Bandung Regency which includes economic, social, cultural, and environmental components. This is because Indonesia is not an Islamic country but a country where the majority of the population is Muslim, so it is necessary to prioritize the values of Rahmatan lil 'Alamin in business (muamalah), especially in terms of additional service activities in halal tourism in Bandung Regency. In addition, indicators of sharia compliance in halal tourism in Bandung district are referring to 2 regulations, namely local regulations (perda) Bandung district number 6 of 2020 concerning halal tourism, and DSN-MUI fatwa No: 108/DSN-MUI/2016 concerning guidelines for tourism implementation based on sharia principles.

The Role of Financial Literacy on Student Investment Choices

The purpose of this study was to determine and measure the impact of the level of financial literacy on the investment choices of students. This study is qualitative descriptive or describes the results of interviews into valid data, data collected based on the results of observation, questionnaires, and direct interviews with students of the faculty of economics and islamic business, uin fatmawati sokarno bengkulu. The results of this study indicate that financial literacy has a significant impact on student investment decisions. The higher the financial literacy possessed by students, the better the investment decisions that will be taken by students.

Traditional vs Modern Groceries from Islamic Perspective in Indonesia

Despite extensive research on the competition between modern and traditional retailers, there is a lack of investigation into specific factors that influence consumer choices and directly impact sales revenue. There is a scarcity of research exploring these issues from the perspective of Islamic business. To address this gap, the study aims to examine consumer preferences in purchasing decision at Traditional and Modern groceries. This study employed a quantitative approach by distributing questionnaire to 100 customers in Palu city, Indonesia. Data analysis involved path analysis and bootstrap biased correlation. The findings highlight the significant impact of product variants, pricing strategies, and promotional efforts by modern retailers on sales revenue in traditional retail stores through purchasing decisions. However, shopping convenience did not exhibit a significant influence, indicating the need for improvement. The competition between traditional and modern retail is primarily driven by shifting consumer behavior and relatively weaker marketing strategies employed by traditional retailers. This study suggests that to maintain their market position, traditional retailers should enhance their marketing strategies by expanding product offerings, setting competitive prices, and executing effective promotional campaigns. Prioritizing the improvement of shopping convenience is crucial to meet customer expectations and preferences.

Fish Trader Behavior of Fish Market Mentaya Kota Sampit Based on The Principles of Islamic Business Ethics

This research is motivated by behavior that does not follow Islamic business ethics principles based on initial observations made by the author through interviews with two fish merchants. The purpose of this study is to find out how the behavior of fish traders and the application of Islamic business ethics to the conduct of fish merchants at Mentaya fish market, Sampit City. This research is field research, with the subject being fish merchants who sell on fishing boats in the Mentaya Fish Market, Sampit City, totaling ten informants. The analysis used in presenting and compiling the data is descriptive qualitative analysis. Based on the results of this study: First, the Islamic business ethics behavior of 10 fish traders at the Mentaya fish market in Sampit City can be seen from several behaviors such as Free Will, Responsibility/Trust, Honesty, and Delivering. All traders apply these behaviors. Meanwhile, according to the conduct of Tauhid/Unity, only 4 out of 10 fish merchants have implemented this behavior, and for Fair behavior, 8 out of 10 traders have implemented this behavior. Second, judging from the application of Islamic business ethics to the conduct of fish merchants at the Mentaya fish market, Sampit City, who has implemented Islamic business ethics behavior as a whole, from 10 informants, only two people, or about 20%.

Architecting Hybrid Contract in al-Rahn: A Comparative Study between Malaysia and Indonesia

Nowadays, hybrid contracts are recognized as an adaptive form of contract in the implementation of Islamic business. However, the involvement of hybrid contracts in al-Rahn has risen numerous legal controversies in Islamic Sharia. Malaysia and Indonesia have diffferent approaches regarding the use of hybrid contracts in al-Rahn scheme. In the light of that, this article aims to lay out the two countries’ sides in responding to the issue at hand. This qualitative study relies on secondary data and employs conceptual and comparative approach. It investigates the policies relating to hybrid contract in the implementation of al-Rahn both in Malaysia and Indonesia. This study indicates that academics in both countries tend to state that the hybrid contracts in al-Rahn are not in accordance with the Sharia. The non-compliance with the Sharia prompted Malaysia to create a new policy, namely by utilising the concept of Tawaruq. Meanwhile, Indonesia recently still associates Ijārah contracts as part of the implementation of al-Rahn.

Islamic Business Ethics Solutions to the Ethical Dilemmas of the Management Accountant Profession

Management accountants were bound by the profit motive of the company. Accounting regulations still have many loopholes for creative interpretation. The objective of this conceptual article is to criticize the ethics of management accountants from several literatures, the phenomena of accounting scandals, and ethical dilemmas. Professional ethics are often ignored because strong fundamentals do not support them. Earnings management is a dilemma problem of an accountant's ethics. Deontologically, this behavior is wrong, but teleologically, the consequences are positive for the sustainability and future of the company and human resources. This article concludes to solve the dilemma problem based on business ethics in Islam where the highest position is the religious rule. Accountants must be able to implement the five axioms, namely unity, equilibrium, free will, responsibility, and benevolence, by holding the principles of ridho and ta'awun in carrying out their profession.

Integrasi Manajemen Dan Etika Bisnis Islam Dalam Layanan Ibadah Umrah

This study aims to examine more deeply the service management and Islamic business ethics that exist at PT Nur Haramain mulia. The method used is descriptive qualitative, for research data collection includes observation, interviews, documentation. The results of this study indicate that PT Nur Haramain Mulia has an important task in serving pilgrims in making passports, providing rituals and the existence of mentors who are always there to make the Umrah worship of the jammah successful both in the country and in the holy land. Supporting factors and inhibiting factors must exist in an institution, some of the supporting factors in travel are adequate facilities and infrastructure, having many channels or enough cooperating parties to make PT. Nur Haramain Mulia Survive. And one of the inhibiting factors is that many pilgrims are from ordinary people who do not understand much about making passports and other files.