Indonesia Conference Directory

Corresponding Author
Pudji Astuty

Institutions
Universitas Borobudur, UIN, AAKPI - Banten

Abstract
ABSCTRACT This study aimed to determine the influence of deposits (Third Party Funds), equity, non-performing financing (NPF), and growth non-performing financing (GNPF) on partial and simultaneous financing of Istishna at Sharia Commercial Bank in Indonesia & Malaysia. The population in this study was Sharia Commercial Banks operating in Indonesia & Malaysia for 6 years (2011-2016). This research used purposive sampling method. After the selection, the target population amounted to 6 banks, including BRI Syariah, Maybank, Mandiri Syariah, Muamalat, Malaysia Affin Islamic Bank Berhad. The analytical method used regression analysis of the balanced panel. The selected model was Fixed Effect, then tested with t test and f test with 5% significance level. The result of f test showed that the variable of deposits, Equity, Non Performing Financing (NPF) and Growth Non Performing Financing (GNPF) have the simultaneous effect on sharia bank financing Istishna in Indonesia & Malaysia. The t test results showed that only deposit variable, Equity (Equity), and Growth Non Performing Financing partially had an effect on the financing of Istishna at Indonesian & Malaysian banks. Adjust R2 showed all independent variables contributed as much as 71% to the dependent variable. The remaining of 29.7% was influenced by other variables that did not exist in this research such as Capital Adequacy Ratio, Loan Deposit Ratio, etc

Keywords
Istishna Financing, Deposit (Third Party Funds), Own Equity (Equity), Non Performing Financing (NPF), Growth Non Performing Financing (GNPF)

Topic
Financial technology and Islamic finance

Link: https://ifory.id/abstract/ndjJxTNU2FcE

Corresponding Author
Yudhinanto Cahyo Nugroho

Institutions
Universitas Mitra Indonesia

Abstract
The purpose of this study is to analyze the effect of capital structure, corporate social responsibility on profitability and its implications on corporate value. Data obtained in the form of secondary data from property companies and real estate listed in the Indonesia Stock Exchange (IDX) period 2011-2015. method of path analysis. The result of the research shows that partially variable of capital structure and corporate social responsibility have a positive and significant effect on profitability. The variable of capital structure and profitability have a positive and significant effect on firm value. While corporate social responsibility variable has a negative and insignificant effect on company value. The result of path analysis shows that profitability can influence the interaction between capital structure and firm value as well as the interaction between corporate social responsibility and corporate value. Both of these interactions show a positive and significant influence on company value.

Keywords
Capital Structure, Corporate Social Responsibility, Profitability, Firm Value

Topic
Financial technology and Islamic finance

Link: https://ifory.id/abstract/4zXyBM6TZHQe

Corresponding Author
uswatun hasanah

Institutions
Graduate School, Institut Agama Islam Negeri Metro

Abstract
managed properly, productive waqf can be used as a new strategy to alleviate poverty and create prosperity for the community and can support economic stability. Productive waqf in Indonesia has been approved by national law and MUI. This is a positive opportunity to develop the economy and education better but there is still little understanding of the importance of productive waqf for development; therefore, a stimulus is needed so that the management of waqf can be developed productively supported by financial technology.

Keywords
Productive Waqf, Startup, Financial Technology

Topic
Financial technology and Islamic finance

Link: https://ifory.id/abstract/3fwzbLU2YWpe

Corresponding Author
Basrowi Basrowi

Institutions
Postgraduate Student of Sharia Economics Study, Universits Islam Negeri Radin Inten Lampung, Indonesia

Abstract
The objective to be achieved through this research is to find out the magnitude of the role of Islamic financial education and financial literacy in reducing the number of cases of illegal financial techology peer to peer lending. The method used in this research is the quantitative documentary method. Data is collected using the documentation method, obtained from official data released by the Financial Services Authority of the Republic of Indonesia, Bank Indonesia, and official documents from related formal institutions available on the website, which are open access, which can be downloaded by everyone. Data was taken starting in 2014 since fintech began to develop rapidly. Data were analyzed using quantitative descriptive analysis in particular percentages. The results of data analysis show that, financial education and financial literacy that have been carried out by OJK and BI and other authorized parties have not been able to reduce the number of cases of illegal peer to peer lending Fintech fraud. In the future, it is expected that financial education and financial literacy can increase public awareness of illegal fintech advertisements and offers, which in turn can reduce cases of illegal fintech fraud.

Keywords
fraud, education, literation, financial, technology, sharia, peer to peer lending

Topic
Financial technology and Islamic finance

Link: https://ifory.id/abstract/AvLMZa6JCVr2

Corresponding Author
Rohmini Indah Lestari

Institutions
a) Student at the Department of Management, Faculty of Economics and Business, Diponegoro
University, Semarang, Indonesia,
b) Lecturer at the Department of Management, Faculty of Economics and Business, Diponegoro University, Semarang, Indonesia,
* National Sharia Board – Indonesian Council of Ulema (DSN-MUI)

Abstract
This paper aims to present the concept of Sukuk Wakalah al-Ististmar funding to finance private projects in the energy sector that will be developed to increase the availability of sustainable energy supply for the people of Indonesia. Sukuk Wakalah contract structure is more flexible in allocating funding compared to the Ijarah and Mudarabah contracts because the assets used as leased objects have not yet been built. The writing of this paper is explorative to identify the mechanism of Sukuk issuance, by conducting a literature review, interviews and discussions with capital market sharia experts. The implication of this research is as a guide for the decision-makers of the energy sector companies, academics, and market participants to understand that the Sukuk Wakalah al-Ististmar model has the potential as a source of funding and investment in a new long-term project to be undertaken, with the criteria specified.

Keywords
Islamic finance, Sukuk, Islamic Capital Market, Sharia financing

Topic
Financial technology and Islamic finance

Link: https://ifory.id/abstract/6dwfe9FcR8ng

Corresponding Author
Agus Zainul Arifin

Institutions
Terumsnsgsrs University

Abstract
The purpose of this study is to examine the effect of exogenous variables, namely profitability and company size, on endogenous variables, namely corporate social responsibility and firm value. Corporate Social Responsibility this research as an intervening variable. The research uses the subject and sample of construction companies listed on the Indonesia Stock Exchange. Data period used from 2014-2016. The data used are secondary data obtained from annual financial Reports. The analysis uses the Two Stage Least Square (Two SLS) regression method. The results of the study prove that Firm Size has a positive effect on Corporate Social Responsibility (CSR) and a negative effect on Firm Value. Profitability does not affect CSR and Firm Value. CSR has no effect on Firm Vafue. The results of other studies proved that CSR is not an intervening variable relationship between Profitability and Size of Firm Valua

Keywords
Firm Value, Corporate Social Responsibility, Profotability, Firm Size

Topic
Financial technology and Islamic finance

Link: https://ifory.id/abstract/b2x3GfgrkDve

Corresponding Author
Ivan Rahmat Santoso

Institutions
a) Gorontalo State University, *ivanrahmatsantoso[at]gmail.com
b) Gorontalo State University
c) Gorontalo State University

Abstract
Islamic financial industry in the digital era must adapt to the development of financial technology to develop maximum products and services to the community. This study aims to analyze the role of Islamic financial institutions for national economic growth in the digital age. The study uses qualitative research methods with descriptive analysis techniques. The results of the study found the role of Islamic financial institutions in the digital age was maximized through strategies to improve the quality of human resources, innovation of digital-based products and services, education and outreach and collaboration in the field of fintech. The role of Islamic financial institutions for the national economy in the digital era in terms of micro and macro through cooperation between Islamic financial institutions has implications for economic growth through indicators of the development of the real sector, reducing poverty levels by increasing peoples income and reducing unemployment

Keywords
Islamic Financial Institutions, Fintech, Economic Growth, Digital Era

Topic
Financial technology and Islamic finance

Link: https://ifory.id/abstract/BCrjym4qF7e2