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Abstract Topic: Islamic Economics, Business and Accounting

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Assessing Readiness to Develop Halal Tourism in South Kalimantan, Indonesia
Mochammad Arif Budiman*, Manik Mutiara Sadewa, Lusiana Handayani

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Corresponding Author
Mochammad Arif Budiman

Institutions
Prodi Akuntansi Lembaga Keuangan Syariah, Politeknik Negeri Banjarmasin
*m.arif.budiman[at]poliban.ac.id

Abstract
The halal tourism industry has grown rapidly in recent years throughout the world. This motivates a lot of countries to develop their potential to attract as many tourists as possible. Being the biggest Muslim country worldwide, Indonesia has great potential for this halal tourism industry. Unfortunately, the potential has not been developed evenly in many provinces of the country. Therefore, the purpose of this study is to assess readiness to develop the province of South Kalimantan as a favorite halal tourism destination in Indonesia. The study was conducted with qualitative and quantitative approaches using observation and survey methods. The findings show that South Kalimantan has great potential and promising prospects for developing the halal tourism industry and attracting domestic and foreign visitors because of its Muslim population, strong Islamic heritage and rich cultural traditions as well as beautiful natural panorama. However, this province has several shortcomings in developing halal tourism mainly due to limited facilities and infrastructure to support tourism and a lack of cleanliness, tourism innovation, and promotion.

Keywords
halal tourism, readiness, tourist destination, Islamic heritage, visitor

Topic
Islamic Economics, Business and Accounting

Link: https://ifory.id/abstract/2VLevaqmCYkP


Exploring Muslim Generation Z Perpectives Toward Halal Cosmetics
Alfina Rahmatia

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Corresponding Author
Alfina Rahmatia

Institutions
IAIN Palangka Raya

Abstract
Nowadays, halal cosmetic gets popular among young generation, especially generation Z as an internet generation. It made Indonesia as the second largest expenditure on halal cosmetic in the world on 2017 in which the Muslim generation Z becomes the market target. Owing to such interests, the main objective of this study is to explore the perspectives of Muslim generation z toward halal cosmetics in Indonesia. Primary data used in this study are collected from in-depth interview based on purposive sampling method. The study uses qualitative method through literature study and in-depth interview in which the interview data use descriptive analysis. The result shows that religiosity value, health factor, and halal cosmetics marketing strategy are influencing the perspectives of Muslim generation Z toward halal cosmetics.

Keywords
Muslim Generation Z, Perspective, Halal Cosmetics

Topic
Islamic Economics, Business and Accounting

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


REINFORCEMENT OF DIGITAL-BASED RISK MANAGEMENT IN ISLAMIC BANK FINANCING IN THE DISRUPTION ERA
Tri Hidayati (a*) and Muhammad Syarif (b)

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Corresponding Author
Tri Hidayati

Institutions
a) Sharia Faculty, state Islamic religion institute of Palangkaraya
Jalan Goerge Obos, Palangkaraya, central kalimantan
email: tri.hidayati[at]iain-palangkaraya.ac.id
b) Islamic economy and bisnis faculty, State Islamic University of Antasari, South Kalimantan
email: syarif.muhammad849[at]gmail.com

Abstract
The existence of Islamic banks in the disruption era should be reinforced by accelerating financing process through an easier, more efficient and effective application using risk management based on Islamic principles. This legal research was aimed to exsplore regulation-s power of Islamic bank financing risk management and its application in BNI Syariah. The data was qualitatively analyzed using a systemic interpretation method. The results are; first, some regulations related to digital-based risk management of Islamic bank financing haven-t regulated credit scoring system and there is no fatwa from DSN-MUI concerning risk management guidelines of Islamic financing. Second, BNI Syariah financing starts applying digital-based risk management by screening process using Intranet LAN-based EFO (Electronic Financing Origination) application that the history data of customer transaction connected to Financial Information Service System (FISS/SLIK) managed by Financial Services Authority (FSA/OJK) will be easily recognized. Once the financing is given, risk mitigation is operated in BNI Syariah through ICONS (Integrated and Centralized Online System) application using Intranet LAN for checking customers- funds and debt transactions. Financing submission services are provided in offline, while the payment is provided in both offline and online (ATM, auto debit, mobile banking, and internet banking).

Keywords
Risk management, Islamic bank financing, digital

Topic
Islamic Economics, Business and Accounting

Link: https://ifory.id/abstract/Md8haEwZgjCm


THE EFFECT OF INFLATION, BANK INDONESIA INTEREST RATE AND RUPIAH EXCHANGE RATE ON MARGIN MURABAHAH REVENUE AT BNI SYARIAH
Siti Bulkis (a*) and Mochammad Arif Budiman (b)

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Corresponding Author
Mochammad Arif Budiman

Institutions
(a) Alumni of Prodi Akuntansi Lembaga Keuangan Syariah, Politeknik Negeri Banjarmasin
*sitibulkis3[at]gmail.com
(b) Lecturer of Prodi Akuntansi Lembaga Keuangan Syariah, Politeknik Negeri Banjarmasin

Abstract
This study aims to explain the effect of inflation, Bank Indonesia interest rates and the Rupiah exchange rate on murabahah margin income at BNI Syariah. The data used in this study are secondary data that is accessed directly from the BNI Syariah official website, namely monthly financial statements from the span of April 2015 to December 2018. The analysis technique used is multiple linear regression analysis. Simultaneous test results show that inflation, Bank Indonesia interest rates and the Rupiah exchange rate affect murabahah margin income. As for the partial test results (T-Test), the inflation variable does not significantly influence murabahah margin income, while Bank Indonesia interest rates and Rupiah exchange rates have a significant effect on murabahah margin income.

Keywords
inflation, Bank Indonesia interest rates, Rupiah exchange rates, murabahah margin income, BNI Syariah

Topic
Islamic Economics, Business and Accounting

Link: https://ifory.id/abstract/t8bR2FWhawcu


THE EFFECT OF MACROECONOMICS VARIABEL TO THE VOLATILITY OF INDONESIA SHARI-AH CAPITAL MARKET STOCK
Rihana Sofie Nabella

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Corresponding Author
Rihana Sofie Nabella

Institutions
Faculty of Economics and Business, University of Brawijaya

Abstract
Indonesias sharia capital market continues to develop and become an alternative investment. Compared to conventional capital markets, sharia capital markets are believed to be stronger against crises, changes in economic fundamentals and financial market shocks. This study aims to analyze the effect of macroeconomic variables on Indonesia Sharia Stock Index. This research uses Error Correction Model (ECM) method. The results of this study are the rising exchange rate and world crude oil price will decrease Sharia Index of Indonesia Shares (ISSI), in the long run and short term increase of BI Rate will increase Sharia Index of Indonesia (ISSI) and inflation rate does not affect Indonesia Sharia Index ( ISSI).

Keywords
Indonesian Sharia Capital Market, Macro economics variables, Error Correction Model (ECM)

Topic
Islamic Economics, Business and Accounting

Link: https://ifory.id/abstract/y3LrtaJjZDbg


The Role of Religious Values and Entrepreneurial Success Factors on Business Sustainability of Fruit Sellers in Wetlands Area (The Study of Small and Medium Entreprises in Handil Bakti, Barito Kuala)
Hastin Umi Anisah1), Marijati Sangen 2), Meiske Claudia3) Wimby Wandary

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Corresponding Author
Hastin Umi Anisah

Institutions
Faculty of Economy, Lambung Mangkurat University

Abstract
The aim of this study is to acquire the empirical evidence of the role of Religious Values and Entrepreneurial Success Perception to business sustainability on Wetland-s MSMEs. The research method employs the quantitative method which designed in conclusive, non-experimental, descriptive and cross-sectional. The research population is the fruit traders which categorized as micro and small-medium enterprises (MSMEs). The sampling technique applied for the study determined by its convenience – the non-probability sampling approaches – in this case were all the fruit traders along the Handil Bakti streets. The census technique includes all of them as research primary data provider. Partial Least Square will be used as the data analysis technique. This study finds that the religious values have significant influence not only on entrepreneurial success perception and but also on MSME-s business sustainability.

Keywords
Religious Values, Entrepreneurial Success Perception, Business sustainability, MSMEs

Topic
Islamic Economics, Business and Accounting

Link: https://ifory.id/abstract/uAYqhban4eGW


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