Principle Of Profit Research Articles

Implementation of Mediation as an Unique Step in Resolving Banking Business Disputes Sharia in Religious Courts

Mediation steps that are rarely carried out in sharia economic business problems are contained in the Al-Quran and Hadith which have been relied upon to be implemented in sharia banking, so that sharia business problems are now starting to enter a unique renewal phase which is the basis for fast and low-cost processes as the wheels of running the economy. because Islamic banks in their operations are still limited by Bank Indonesia regulations and applicable laws, for example the mudharabah principle, the Bai' Salam principle, the Wadi'ah principle, the Musyarakah principle, and the leasing principle (Ijarah). Islamic banks in their wheel of rotation are certainly inseparable from problems both internally and externally through financing with customers even though they are solely based on the principle of profit sharing.
 Keyword:Mediation, Disputes, Business, Sharia Banking.

The Effect of Syariah Financing Savings and Loan Cooperative to Improving Micro, Small and Medium Enterprises

National development is a sustainable development effort in the context of realizing a just and prosperous society. To achieve this goal, the government undertakes development in various fields, one of which is economic and financial development. In this economic and financial sector, one of the sectors that plays an important role and has a strategic position in the context of realizing national goals is the banking sector. One of the very rapid economic growths is the Cooperative or Baitul Maal Wat Tamwil (BMT) or the Integrated Independent Business Center is an informal microfinance institution that is operated on the principle of profit sharing, fosters micro and small business businesses, in order to raise the degree and dignity and defend the interests of the poor. The development of BMT in Indonesia began with the establishment of Bank Muamalat Indonesia (BMI) in 1992, which in practice BMI in its operational activities are based on Sharia values. The BMT or Cooperative which is the subject of this research is KSPPS NURI which is located at Jl. Gate 170 Pamekasan. KSPPS NURI has a wide range of products. Namely financing products and savings products. The focus of this research is the influence of KSPPS NURI in increasing micro-enterprises in the village of Blumbungan. Based on the background above, the main problems in this study are: first, how far does the Blumbangan residents know about KSPPS NURI, and second, how is the Effect of KSPPS NURI in developing Micro Enterprises in Blumbungan Village, Kec. District Larangan. East Java, Indonesia. The method used is a quantitative approach. Quantitative methods are basically scientific characteristics to obtain data with certain goals and uses. Based on the result by Cronbach's Alpha Reliability Level, it can be concluded that the Correlation Interval value is greater than 0.600 (medium interval value). This shows that the questionnaire is stated to be very strong based on the total value of the interval on the questionnaire 0.853 0.600. based on the Validity Test, it is known that item 1 gets a score of 0.704, item 3 gets 0.694 using a significance test of 0.05 or an r-table significance value of 0.632, meaning that item 1 and item 3 are declared valid because the r-count value is greater than the r-table. Furthermore, on item P2 a score of 0.766 was obtained, P4 a score of 0.898 and P5 a score of 0.905 using the r-table significance test of 0.765, meaning that items P2, P4 and P5 were declared valid because the r-count value was greater than r-table. Based on the results of interviews and questionnaires found by the researchers, it can be concluded that the presence of KSPPS NURI has an influence in increasing the Micro Enterprises of its Members or Customers who are domiciled in the village of Blumbungan.

Zero lost profit principle for solar compensation and its impact on bill savings

Several utilities and regulators are replacing net metering, the status quo policy that credits solar owners the retail electric price for each kilowatt-hour of excess solar power. So far avoided costs, the value of solar, and buy-all, sell-all models are implemented in place of net metering. This study proposes a zero lost profit principle for the design of solar compensation policies and evaluates impacts on electricity bill savings relative to other principles. A zero lost profit principle is defined as a solar compensation rate that leaves the utility indifferent between serving a solar and a non-solar household. Using constant average cost and extra-normal utility profit assumptions, we find that the zero lost profit principle (gross and net) does not lead to significant reductions in electricity bill savings. However, a net purchasing model based on the avoided cost principle leads to a 23% reduction in monthly bill savings relative to net metering. The framework proposed in this study provides utilities and regulators with additional principles for evaluating alternative solar compensation policies.

Murabahah Financing, Musyarakah, Mudharabah, Istishna and Ijarah Against Sharia Banking Profit Sharing

In general, the principle of profit sharing in sharia banking can be done through murabahah, musyarakah, mudharabah, istishna dan ijarah contracts. The more profit sharing generated by Islamic banking, the better conditions of Islamic banking. The sample used and the data were obtained from 11 Islamic Banks in Indonesia for the period 2014-2018. Profit sharing is used as the dependent variable while murabahah, musyarakah, mudharabah, istishna, and ijarah financing are used as independent variables. The results of the research without resampling and with resampling show that murabahah, mudharabah, and istishna have a significant effect on profit sharing, and musyarakah and ijarah have no significant effect on profit sharing. Murabahah gives the most dominant influence on profit sharing.

Shariah Financing Model on Salt Mini Plant UTM in Order to Increase Production and Income Numbers

The purpose of this study is to provide an alternative model of Islamic financing to the salt business, namely the Mini Plant of Salt UTM. The existence of a shariah financing system that applies the principle of profit sharing allows the Mini Plant of Salt UTM and the publick to access capital through shariah financial institutions and also gain knowledge and reference in accessing capital to fund salt production activities. Data collection techniques were carried out using direct observation and interviews with the manager of the Mini Plant of Salt UTM, the Padelegan village apparatus, and the Islamic financial institution BMT NU Mandiri and BMT Sidogiri Pamekasan branch. The results of data analysis show that the Mini Plant of Salt UTM has developed a salt innovation that has been prototyped into food salt and non-food salt. Other research results found that the activities carried out by the UTM Salt Mini Plant until now have focused on research activities regarding salt. However, the Mini Plant of Salt UTM has not carried out salt processing on the available salt ponds land in the Padegelan village, Pademawu Pamekasan so that it has not been able to generate salt production and income for the Mini Plant of Salt UTM. The Mini Plant of Salt UTM has capital constraints in carrying out salt processing where the source of funds only comes from the University's DIPA. In an effort to overcome the funding problem, the Mini Plant of Salt UTM can use an alternative sharia financing with a mudharabah contract. This contract applies the concept of profit sharing to distribute profits. The provisions of sharia financing with mudharabah contracts can be implemented if the customer already has business activities that result in buying and selling transactions (current production activities)

Community Economic Recovery Strategy with Increased Understanding of Business Law Post-Covid-19 Pandemic

The community's struggle to face the Covid-19 Pandemic is not only to be healthy, but also to be able to maintain the existence of the economy as a real form of maintaining the sustainability and welfare of life. The understanding of the community that is required to be creative in creating opportunities must be balanced with an understanding of the legal instruments that are prepared so that creativity is always carried out within the correct legal framework. The government program in the form of National Economic Recovery (PEN) through PP 23 of 2020 which was amended by PP No. 43 of 2020 requires sufficient understanding for the community. The level of public understanding of legal instruments, especially business law will create public trust and all stakeholders to realize economic recovery and growth which is expected to realize the role of the State in protecting and prospering the people. Legal institutions are present to provide legal certainty so that everything is expected to run safely and orderly. Business efforts that prioritize the principle of profit and loss require the presence of legal provisions regarding business so that business activities can run smoothly, orderly, safely and comfortably. The type of normative juridical research is used in this study, while still taking data on the level of public understanding as initial information. The results of the study show that the public's understanding of the provisions of business law is an important key to achieving the expected benefits and legal certainty. It can't have a big impact when the public's understanding of the regulatory materials is not comprehensively obtained by the community. Improving understanding of the provisions of this business law is the key to increasing public confidence in taking business steps that are safer and more comfortable and do not pose legal risks for business people.

Optimal Cyber-Insurance Contract Design for Dynamic Risk Management and Mitigation

With the recent growing number of cyberattacks and the constant lack of effective defense methods, cyber risks have become ubiquitous in enterprise networks, manufacturing plants, and government computer systems. Cyber insurance provides a valuable approach to transfer the cyber risks to insurance companies and further improve the security status of the insured. The designation of effective cyber-insurance contracts requires considerations from both the insurance market and the dynamic properties of the cyber risks. To capture the interactions between the users and the insurers, we present a dynamic moral-hazard type of principal–agent model incorporated with Markov decision processes, which are used to capture the dynamics and correlations of the cyber risks as well as the user’s decisions on the protections. We study and fully analyze a case with a two-state two-action user under linear coverage insurance and further show the risk compensation, Peltzman effect, linear insurance contract principle, and zero-operating profit principle in this case. Numerical experiments are provided to verify our conclusions and further extend to cases of a four-state three-action user under linear coverage insurance and threshold coverage insurance.

ANALISIS TINGKAT KESEHATAN BANK TERHADAP KINERJA KEUANGAN MENGGUNAKAN METODE RISK PROFILE, GOOD CORPORATE GOVERNANCE, EARNING DAN CAPITAL(RGEC) (STUDI KASUS BANK MUAMALAT TAHUN 2020)

The existence of Islamic banking in the archipelago has received recognition after the issuance of the Banking Law NO. 7 of 1992 which was revised through Law NO.10 of 1998, which explicitly recognizes the existence and functioning of profit-sharing banks or better known as Islamic banks. Thus, an Islamic Bank is a bank that operates on the principle of profit sharing. This study aims to determine how the Bank's soundness level on financial performance by using the RGEC method at Bank Muamalat Indonesia in 2020. This study uses a descriptive quantitative method with a literature study approach and the type of data used is secondary data sourced from the financial statements of PT. Bank Muamalat Indonesia 2020. The results of this study show that in 2020 PT. Bank Muamalat Indonesia is in the fairly healthy category with a CAR ratio of 15.21%, NPF 3.95%, FDR 70.21%, ROA 0.029% and ROE 1.604% where the values ​​in the composite ranking table are overall at composite rank 3 which making Bank Muamlata Indonesia in the "fairly healthy" category.

Existence of Dependent Rights Guarantee Binding Related to Financing of Musyarakah Facilities in Islamic Banking

In the musyarakah financing contract, there is the imposition of mortgage rights, which will be auctioned if the customer does not pay the installments to the Islamic bank. However, the concept of musharakah itself does not recognize any mortgage rights, because musharakah adheres to the principle of profit sharing and losses being shared, with the imposition of mortgage rights on musharakah financing creates legal uncertainty for customers, because banks do not want to bear losses together with customers. From the results of the study it was concluded that, the implementation of the binding of mortgage guarantees in musyarakah financing is basically the same as the binding of mortgage guarantees on conventional banks, only regarding the execution of mortgage guarantees musyarakah financing in Islamic banks Courts while in conventional banking in the District Court, and the binding of Mortgage on musyarakah financing is not guaranteed by law, in Law No. 21 of 2008 concerning Islamic Banks it does not regulate mortgage rights in musyarakah financing, and also the imposition of mortgage rights on musyarakah financing proves that Islamic banks do not want to participate in the loss of musharakah financing. With the uncertainty due to the imposition of mortgage rights on musyarakah financing, customers do not get certainty of their rights actually in musharakah financing.

PERSEPSI NASABAH TERHADAP PRODUK TABUNGAN IB HASANAH DAN DAMPAKNYA TERHADAP MINAT MENABUNG NASABAH

This study aims to determine customer perceptions of iB Hasanah savings and the impact on decisions to become customers at Bank Syariah Indonesia (BSI) Ternate Hasan Esa Ternate. This research using qualitative research to explain the facts objectively according to the data obtained through observation data sources, interviews and documentation at the research location for further analysis using a qualitative descriptive approach. The results of the study indicate that customer perceptions of the iB Hasanah savings product are: first, customers know that this product is part of the implementation of religious values in saving assets or money in Islamic banking. Second, customers have confidence that their savings must be managed by trustworthy people so that their security and blessings are guaranteed. Third, customers choose the iB Hasanah savings product which is managed with the principle of profit sharing. Several customer perceptions of the iB Hasanah savings product have an impact on customer interest in saving with the iB Hasanah savings product. This interest arose from customers' perceptions of their knowledge of iB Hasanah products, their trust in Islamic banks and iB Hasanah savings products, as well as managing savings funds in iB Hasanah products with the principle of profit sharing.

Analisis Perbedaan Perbankan Syariah Dengan Perbankan Konvensional

Islamic banking is a financial institution that has a very important role in advancing the Indonesian economy as well as responding to the community's need to use a banking system based on sharia principles. However, sometimes there are many perceptions that Islamic banking is the same as conventional banking. Islamic banking has fundamental differences with conventional banking, namely regarding legal aspects, organizational structure, financed business activities and work environment. Sharia banking operations are based on sharia principles, namely the principle of profit sharing, the principle of buying and selling and leasing by running a business through mudharabah, musyarokah, murabbahah and ijaroh contracts. While conventional banking provides services in payment traffic with the principle of setting interest for both deposit and loan products (credit) and applying various fees in the form of nominal and certain percentages.

Peran Keluarga dalam Mendorong Kualitas Pembelajaran di Sekolah menurut konsep Ki Hadjar Dewantara dan Romo Mangun

The background of this research is a study that tries to explore the role of the family in encouraging the quality of learning in schools according to the concept of Ki Hadjar Deawantara and Romo Mangun. The two ideas of educational figures that are presented in this simple work are recognized as being able to answer the challenges of implementing contemporary education which is considered to be far from the expectations of the community. Where the implementation of education is still carried out mechanically which is proven to distance students from their culture and the management of education is carried out with the principle of profit oriented (seeking profit). The type of research used in this study uses a library research approach . The data collection technique in this study is a library through written sources such as books, journals, research reports, and sources from the internet. Meanwhile, the data analysis technique used in this study is descriptive analysis. The results of this study include the following: First, Ki Hadjar Dewantara, the idea of educational thinking is oriented towards the principle of human independence, students Given freedom in recognizing its culture, and the principle of togetherness. Second, Romo Mangun, emphasized the importance of education oriented towards humanizing the implementation of education with the concept of Basic Education Dynamics (BED) and equipping small communities and groups weak to recognize his right in education. Third, the relevance of the educational ideas of Ki Hadjar Dewantara and Romo Mangun to the current implementation of education, namely that the current management of education runs without clear orientation and tends to be profit oriented without regard to clear out puts. As a result, out put education cannot answer the needs of learners and relatively distances students from their culture and education can exploit its learners. Therefore , it is important that the educational concept of Ki Hadjar Dewantara and Romo Mangun be reapplied to overcome current educational problems. The suggestions in this study are as follows : (1) The design of education policies before they are implemented must pass the socialization stage with the parents of students or the community so that the community moreover, parents of students can understand the purpose and objectives of the policy, (2) The management of learning as much as possible must involve the parents of students such as determining the determination of strategic decisions relating to the future of learners, (3) The implementation of learning in schools should be free from discriminatory practices and forms of injustice , distancing students from their environment, (4) Cooperation between school management and parents of students must continue to be improved so that there is synergy between schools with parents of students in improving the growth and development of students both in the school environment and outside the school.

Review of Risks and Risk Management Systems in the Largest Islamic Banks of the Arabian Peninsula

<p><strong>Theoretical background:</strong> The specificity of Islamic principles, on the basis of which Islamic banking was created, as well as the nature of its financial instruments, means that Islamic banks may be exposed to greater risks than conventional banks.</p><p><strong>Purpose of the article:</strong> The aim of the article is to define key risks identified by Islamic banks and to define risk management systems in the 13 largest banks of the Arabian Peninsula region. The article analyses the annual reports submitted by the supervisory boards of the largest Islamic banks of the Arabian Peninsula for 2018, so that common elements in their risk management processes can be found.</p><p><strong>Research methods:</strong> Analyses of annual reports of the banks of the Arabian Peninsula region.</p><p><strong>Main findings:</strong> Supervisory boards of Islamic banks identify risks and implement strategies and risk management structures. The most important risks identified by banks are credit risk, liquidity risk, reputational risk, as well as operational risk, understood as the risk of direct or indirect loss, resulting from inadequate or faulty internal processes, errors of employees or systems and external events. Islamic banks may be exposed to increased credit risk, due to the application of the principle of profit and loss sharing (PLS), which is one of the pillars of Islamic finance. An analysis of the fiancial reports of the largest Islamic banks of the Arabian Peninsula shows that all supervisory boards are aware of the importance and role of an effective risk management system in reducing costs and increasing banks’ results. Most of them use the principles described by the Islamic Financial Services Board (IFSB). All banks have implemented appropriate risk management processes and policies, and have units in their structures responsible for the risk management process, which means that they apply the first IFSB principle. The institutions declare that they identify and monitor risks, and implement risk mitigation measures.</p>

The THE EFFECT OF MUDHARABAH FINANCING ON THE ROA (RETURN ON ASSET) IN SHARIA COMMERCIAL BANKS FOR THE PERIOD 2014-2019

The development of the sharia economy in Indonesia continues to experience rapid development, especially in the banking sector. Where the banking world is given a great opportunity by the government to carry out its business activities based on sharia principles. As a financial institution, Islamic banks must have differences with conventional banks, especially in terms of financing. Islamic banks are more focused on financing with the principle of profit sharing which is expected to be able to meet the criteria of liquidity, profitability, and solvency. To achieve high profitability, funds are required in appropriate financing. One of the ratios to measure the level of profitability is the Return On Asset (ROA) ratio. The purpose of this study is to determine whether there is an effect of Mudharabah financing on ROA generated by Islamic Commercial Banks for the 2014-2019 Period.
 This research method is included in the type of quantitative research with an associative approach. Population is taken from the annual report of 14 Islamic Commercial Banks. The sampling technique used simple random sampling. The research sample was obtained in the form of the annual financial reports of 5 Islamic Commercial Banks for the period 2014-2019. Where the data collection uses secondary data obtained from the Banking Statistic Report published by the Financial Services Authority (OJK) and the annual Financial Report published by each Islamic Commercial Bank.
 The results of testing the regression coefficients by coefficients obtained the sig value of mudharabah financing of 0.717 > 0.05. This means that the independent variable mudharabah has no significant effect on the dependent variable Return on Assets (ROA). So this shows that Ho is accepted and Ha is rejected, with the conclusion that partially mudharabah financing has no significant effect on the Return on Assets (ROA) of Islamic Commercial Banks for the 2014-2019 period.

Analisis Faktor-Faktor Yang Mempengaruhi Keputusan Anggota Dalam Menyimpan Dana Di KSPPS Kota Semarang

Islamic financial institutions in Indonesia are growing rapidly. However, the market share of Islamic financial institutions are still far from conventional financial institutions. The purpose of this study was to determine the effect of level of income, religiosity, culture, the principle of profit-sharing, and quality of service to members saving decisions at KSPPS in Semarang City. The population of this research are active members of KSPPS that registered in Dinas Koperasi dan Usaha Mikro Kota Semarang. The sampling technique uses accidental sampling and the number of the sample of this research are 100 respondents. Primary data collection using questionnaire method. The data were analyzed using descriptive analysis and PLS-based Structural Equation Modelling (SEM) with SmartPLS 3.0 analysis tool. Result of this research showed that level of income, religiosity, culture, the principle of profit sharing and quality of service has a significant positive effect on saving decision members at KSPPS in Semarang City

Impact of Soil Testing Programme on Behavioral Changes Among the Farmers of Kaushambi District (Uttar Pradesh)

Soil health and fertility is the basis for sustainable profitability of the farmers. Using optimal doses of fertilizers and cropping pattern as per the scientific recommendation is the first step towards sustainable farming. Soil testing is a science based and time-tested tool for assessment of soil fertility status and soil ailments and for nutrient amendment recommendations. Soil testing, as a tool for judicious fertilizer use, works on the principle of profitability, meaning if all other factors of production are at optimum and none of them limiting, there is all probability to obtain more profitable response to applied nutrients based on soil testing than those applied on adhoc basis. The constraints reported by the farmers in adoption of recommendations included high cost, difficulty in adoption, low credibility of soil testing report, and long distance to laboratory. There is ample scope to improve the analyzing capacity as well as dissemination ability of soil testing laboratories. This, coupled with professional management through proper linkages, can bring radical changes in soil testing services in the state. It is suggested that the issued SHCs need to be periodically updated so that the farmers remain aware about the changing fertility status of their land. The awareness generation regarding spraying, fertigation and drilling method of fertilizers application is also needed among the farmers. The advantages of adoption of recommendations of soil testing may be disseminated among the farmers along with strengthening of extension service delivery in the state.

AUDIT MANAJEMEN ATAS SISTEM BAGI HASIL PADA PT.BNI SYARIAH MAKASSAR

This study aims to determine the management audit of the revenue sharing system at PT. BNI Syariah Makassar. This research uses quantitative descriptive method where company data regarding management audit of financing and profit sharing systems and other data supporting research is collected and then the data is described and whether it is in accordance with PSAK 105 concerning Mudharabah Accounting. The object of the research is PT.BNI Syariah Makassar. The results of the study show that BNI Syariah Makassar is not fully in accordance with PSAK 105, because there are differences in terms of the distribution of business profits where BNI Syariah still uses the principle of revenue sharing while in PSAK 105 uses the principle of profit sharing or profit sharing.

Pengaruh Bagi Hasil terhadap Jumlah Nasabah Deposito Mudharabah BPRS Amanah Ummah


 
 
 
 The principle of profit sharing in syaria'ah banking is the main and most important principle, because profit (profit sharing) is the reward (wages) for business and capital while Mudharabah deposits are time deposits with a Mudharabah agreement where the owner of the funds (shahibul maal) entrusts his funds by the bank to be managed or acts as a mudharib with profit sharing according to the agreed ratio from the start The purpose of this study is to analyze whether the nominal profit sharing has an effect on the number of Mudharabah deposit customers at BPR Syariah Amanah Umah period 2013–2015.The sample in this study is BPR Syariah Amanah Ummah for the period 2013-2015. This type of research is a quantitative research with the methods of collecting interview data, documentation and observation. The data used in this study are secondary data obtained from published financial data and from interviews with BPRs. The analytical tool used is linear regression, then the data is processed using SPSS 21 to test classical assumptions and hypothesis testing. Results of analysis Based on the results of the t test above, it can be seen that the profit sharing of 12 months deposits and the presence of an office have a positive and significant effect in influencing the variable number of Mudharabah deposit customers and negatively affecting the profit sharing of 6 months deposits. Based on the results of the F statistical test above, it can be seen that all independent variables (6 months profit sharing, 12 months profit sharing and office presence) together have a significant effect on the number of deposit customers at BPR Syariah Amanah Ummah Based on the coefficient of determination (R² ) amounting to 0.557 which means the number of Mudharabah customers at BPR Syariah Amanah Ummah can be explained by independent variables of 55.7% and the remaining 45.3% is influenced by other variables outside of this research model.
 
 

Kajian Motif Pemilihan Skema Pembiayaan LKMA PUAP di Jawa Tengah

The objective of this research is to explore the motif election financing scheme Rural Agribusiness Development (PUAP), knowing what factors affect the performance PUAP, and test whether performance sharia PUAP different from conventional PUAP in Central Java in 2008-2011. The study was conducted in the District of Banjarnegara, Banyumas, Jepara, Kendal and Kendal during the period from July to December 2012 Using qualitative and quantitative methods with a dummy variable multiple regression approach, the manager LKMA PUAP 185 respondents of this study with purposive sampling approach. From about 2267 LKMA PUAP in Central Java, the majority (87.25%) chose to operate with conventional financing scheme and only 289 (12.75%) which apply sharia scheme or the principle of profit sharing (profit sharing). Research shows PUAP sharia been selected for the motive of religious considerations (40.6%), while the conventional PUAP been LKMA practical reasons (35.3%) and the economy (30.2%). In the perception of respondents, LKMA PUAP sharia is considered more appropriate to the creed, manifestations of worship, fields expectation of reward, blessing and benefit. PUAP LKMA conventionally considered more practical, safe, and familiar with the daily habits of members. Statistical analysis showed motif election financing scheme LKMA significantly affected by the financing scheme (Sharia), education level (Educate), and regional differences (Kab). Motif scheme selection is also different between the respondent and the respondent voters LKMA sharia conventional LKMA voters.

Modal Sosial Kognitif dalam Pengelolaan Parak dan Rimbo di Sumatera Barat

The cognitive elements of social capital need to be elaborated to understand the community-based forest management, such as the practice of parak and rimbo in the Koto Malintang and Simancuang communities. This study aims to identify and describe these cognitive elements. The research method used was case study method with constructivism paradigm. The data was collected using interview, observation, and document review techniques. Cognitive social capital can be developed through local ecological knowledge that has become part of Minangkabau customs and culture. The results showed that cognitive elements in the form of norms, values, beliefs and attitudes can describe how the community plans, utilizes, and controls the forest resource management. The identification of these cognitive elements shows that people pay attention to the principles of sustainability, justice, ability, security, profit, opportunity, and well-being.