Pub Date : 2018-07-31DOI: 10.23917/jisel.v1i1.6205
Reno Juwarno
The diversity in Indonesia makes each region having their model of live, behavior and the mode of transactions. South Sumatera is one of those regions that have been practicing a way of fish sale which is different from others. Fish is sold directly from a pit underneath water flow called lebung through an auction model. This different model of regular sale and auction evokes curiosity as to whether it conforms to shariah requirements or not. The purpose of this research is to investigate the habitual transaction of fish sale in this region. This paper will focus on the practice of people at Seri Kembang I village about the sale by carrying out qualitative approach in a field research involving observation, interview and documentation as the means for collecting data. All data collected will be analyzed through evaluation process by comparing the practice over the actual standard. We conclude that such practice is deemed to be non-permissible since it does not pass some of the standards, especially the garar element. We also provide some suggestion as the alternative of this habitual practice.
印度尼西亚的多样性使每个地区都有自己的生活模式、行为模式和交易模式。南苏门答腊是那些实行不同于其他地区的鱼的销售方式的地区之一。鱼通过拍卖模式直接从被称为lebung的水流下的一个坑里出售。这种不同的常规销售和拍卖模式引发了人们对它是否符合伊斯兰教法要求的好奇。本研究的目的是调查该地区鱼类销售的习惯性交易。本文将重点关注人们在Seri Kembang I村关于销售的做法,通过在实地研究中采用定性方法,包括观察,访谈和文件作为收集数据的手段。所有收集的数据将通过比较实践和实际标准的评估过程进行分析。我们的结论是,这种做法被认为是不允许的,因为它不符合某些标准,特别是garar元素。我们还提供了一些建议,作为这种习惯做法的替代方案。
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Pub Date : 2018-07-31DOI: 10.23917/JISEL.V1I1.6327
U. Utami
The main driver of Indonesian economic wheel is the small and medium-sized enterprises (SME). This SME plays significant role as well in providing employment opportunity while in the same time adding numbers of business units that support the household income from the business. One of the obstacles faced by SME is the capital and financing constraint, especially for the financing from the bank. Without financing, SME will lose its capability to grow and develop since the main support for SME is the capital and financing itself. This research aims to know the internal factors affecting the third party fund, inflation and the rate of return in the period of 2012-2014 in Islamic commercial banks at Indonesia. The research will carry out the OLS procedure since this technique allows us to know clearly the factors affecting financing in the SME. Our research shows that third party fund significantly affect SME financing with positive sign. Meanwhile, the rate of return is observed to affect negatively to the financing. Inflation also has significant and positive effect with bigger coefficient compared to others in financing for SME.
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Pub Date : 2018-07-31DOI: 10.23917/JISEL.V1I1.6357
Rima Islamiah
This study aims to identify the effect of Market Value (MV), Return on Asset (ROA), Earning per Share (EPS) and Bid-Ask Spread (BAS) over the holding period of manufacturing companies listed in Jakarta Islamic Index (JII). The data used here is period between 2014-2016. This research is a quantitative research. The data used in this research are the outstandingnumber of shares, the volume of stock transactions, closing price, ROA, and EPS. The technique for data analysis which will be used in this research is panel data regression test using REM model. The results of this study show that: 1). Market value have a significant positive effect on the manufacturing company stock’s holding period, which is shown by the value of sig t 0,0075. 2). ROA has no significant effect on on the manufacturing company stock’s holding period, which is shown by the value of sig t 0.1269. 3). EPS did not significantly affect the holding period of the manufacturing company's shares which was shown by the sig t value 0.7358. 4). The variable of Bid-Ask Spread does not significantly affect the holding period of the manufacturing company's stock which is shown by the value of sig t 0.1031. 5). MV, ROA, EPS, BAS according to test of model existence / F test is the existing model used with the value of F statistics 0.000397. 5). The value of Adjusted R2 of 19.85% indicates that variations in the variable of Holding Period can be explained by independent variables, and the remaining 80.65% of the variable of Holding Period are explained by other variables outside the research model.
本研究旨在确定雅加达伊斯兰指数(JII)上市的制造业公司的市场价值(MV),资产收益率(ROA),每股收益(EPS)和买卖价差(BAS)在持股期间的影响。这里使用的数据是2014-2016年。本研究为定量研究。在本研究中使用的数据是股票流通股数,股票交易量,收盘价,ROA,每股收益。本研究将使用的数据分析技术是使用REM模型的面板数据回归检验。本研究结果表明:1)市值对制造型公司股票持有期有显著的正向影响,其值为sig = 0,0075。2). ROA对制造公司股票的持有期没有显著影响,其值为sig t 0.1269。3)每股收益对制造公司股票的持有期没有显著影响,sig值为0.7358。4)买卖价差变量对制造公司股票的持股期没有显著影响,其值为sig t 0.1031。5). MV、ROA、EPS、BAS根据模型存在性检验/ F检验为使用已有模型,F统计值为0.000397。5)调整后的R2值为19.85%,说明Holding Period变量的变化可以由自变量解释,其余80.65%的Holding Period变量可以由研究模型之外的其他变量解释。
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Pub Date : 2018-07-31DOI: 10.23917/JISEL.V1I1.6163
R. Siregar, Azhar Alam
The boundary between h{ala>l and h{ara>m in human life is explained clearly by Quran and Sunnah as a form of Allah guardianship. MUI established LPOM as an institution to issue halal certificates on food products. Food products that have been certified will be labeled by MUI logo. Universitas Muhammadiyah Surakarta instills religious values to students and expects them to choose food products with consideration to h{ala>l and h{ara>m aspects. This study aims to find out how much understanding of Faculty of Economics & Business Students on halal food products and how much the influence of MUI Labelization on their decision purchase. The research used field research method and qualitative data. This study showed that 69.3% of students sample who generally have understood halal products and halal label of MUI have a major influence in determining their purchasing to select halal products. Faculty of Economiccs & Business students who have very good understanding on Halal Products in most cases reached 81.63% of total population.
{"title":"Halal Label On Food Products By Mui (Indonesian Ulama Council) And Students Purchasing Decision Of Faculty Of Business And Economic Universitas Muhammadiyah Surakarta","authors":"R. Siregar, Azhar Alam","doi":"10.23917/JISEL.V1I1.6163","DOIUrl":"https://doi.org/10.23917/JISEL.V1I1.6163","url":null,"abstract":"The boundary between h{ala>l and h{ara>m in human life is explained clearly by Quran and Sunnah as a form of Allah guardianship. MUI established LPOM as an institution to issue halal certificates on food products. Food products that have been certified will be labeled by MUI logo. Universitas Muhammadiyah Surakarta instills religious values to students and expects them to choose food products with consideration to h{ala>l and h{ara>m aspects. This study aims to find out how much understanding of Faculty of Economics & Business Students on halal food products and how much the influence of MUI Labelization on their decision purchase. The research used field research method and qualitative data. This study showed that 69.3% of students sample who generally have understood halal products and halal label of MUI have a major influence in determining their purchasing to select halal products. Faculty of Economiccs & Business students who have very good understanding on Halal Products in most cases reached 81.63% of total population.","PeriodicalId":34766,"journal":{"name":"Journal of Islamic Economic Laws","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68726343","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}