Indonesia Conference Directory

Corresponding Author
Abid Ar Robbani

Institutions
University of Indonesia

Abstract
There is a phenomenon of abnormal behavior of Muslim investors who are investing their money with an ideological foundation instead of profit orientation. In Indonesia, there is an example from Koperasi Syariah 212 that have succeeded to expand its business with tremendous progress just within two years. One of Koperasi Syariah 212 business is as the supplier for “212 Supermarket” retail store. Within two years it already has 212 stores established around Indonesia with more than 200.000 members and still increases every year. Instead of promoting the “Financial Benefit” from its business to gain those members, Koperasi Syariah 212 use ideological approach by claimed its self as an Islamic business entity that will fight for Islamic Economics. In this research we analyze the motives behind this phenomenon, why so many people want to become the member of Koperasi Syariah 212 despite the fact not every retail store generating profit but the number the member and store still increase every year. We use Regression method to calculate the significance factors that affect the member-s decision to invest in Koperasi Syariah 212. The result shows that financial motive is not significantly affect the decision but instead other factor like Achievement Oriented, Non-monetary Focus, Self-Actualization, and Closeness to Social Problems are significantly affect the decision. We proof that this ideological approach that used by the Koperasi Syariah 212 is good strategy to encourage its business.

Keywords
Investment, Islamic Business Strategy, Investor Behavior, Cooperative, Islamic Entrepreneurship

Topic
Islamic Business and Entrepreneurship

Link: https://ifory.id/abstract/6KHPcVFJ4rta

Corresponding Author
Alfina Rahmatia

Institutions
IAIN Palangka Raya

Abstract
The main objective of this study is to explore the perspectives of z Muslim generation 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 z Muslim generations toward halal cosmetics.

Keywords
Z Generation, Perspective, Halal Cosmetics

Topic
Islamic Business and Entrepreneurship

Link: https://ifory.id/abstract/JQvGDmLFpW4d

Corresponding Author
NOVILIA AISAH

Institutions
a) Research and Development Division, Tamkin Institute
Jalan Kenanga 6/65, Jember 68131, Indonesia
*noviliaaisah93[at]gmail.com
b) Faculty of Economics and Business, Zainul Hasan Islamic Sciences Institute, Probolinggo 67282, Indonesia

Abstract
The perfection of Islamic teachings that govern all aspects of human life requires the realization of moral and ethical rules for humans in business. The internalization of the Islamic character of man (ad Ibadurrahman) which embodies in the person of Muslim businessman represents an example of the moral the goodness of the Prophet; including Amanah, Fathanah, Tabligh, and Siddiq should be the touchstone of all norms in motivating work and entrepreneurial spirit. Islamic man is considered a rational behavior if he is able to accommodate Islamic values based on Tawhid. The orientation to be achieved in the perspective of Islam is not only to achieve success in the world, but also to pay attention to the afterlife. Finally, the qualification of human resources internalize sharia Islamic character man (Ibadurrahman) is necessary to support the implementation of quality education, in line with the mission of the Sustainable Development Goals (SDGs) so that the expected output is HR sharia quality as well. Schools and colleges have a substantial role related to this task, by applying religious-based character education and building a sharia company laboratory as a miniature of the Islamic finance industry.

Keywords
HR sharia; Islamic business ethics; Islamic man (‘Ibadurrahman); SDGs

Topic
Islamic Business and Entrepreneurship

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

Corresponding Author
Yudi Ahmad Faisal

Institutions
(a) (b) Department of Management, Universitas Padjadjaran, Jl. Dipati Ukur, Bandung. email: yudi.ahmad[at]unpad.ac.id

Abstract
The purpose of this paper is to figure out: (i) strengths and weaknesses, environmental opportunities and threats encountered by human resources in halal hotel, a type of hotel following the requirements of Islamic moral principles; (ii) halal hotel market business position; and (iii) a proper business strategy to be applied by halal hotel to enhance its human resources. The sample of this research was human resource in halal hotel in Bandung, West Java Province. The data analysis used internal and external strategic factor matrix (IE). Key external strategic variables that pose current threats are: higher competition, lack of best practices of halal hotel, low productivity of Muslim workers, decreasing loyalty of part-time workers, and rapid development of information technology and communication. The key internal strategic variables are productive age of human resources in halal hotel, multy-tasking skills, hospitality, announcement of prayer time, stop working on prayer time, Sharia-based services (serving halal food), reading al-Qur-an ability of personnel, knowledge of Islamic law, Sharia-based working activities, conveying Salam, women personnel using veil (hijab), and higher emotional quotient. Based on the business position of the present human resource in halal hotel which is in quadrant I, the strategy properly applied is the growth or concentration strategy. The research was only conducted to human resource in halal hotel located in Bandung, West Java Province, thus it cannot be generalised to wider areas, and this research used the survey method wehre the date collection process was done in a certain point of time or cross-section, whilst the environment would experience extra quick changes. Therefore, it is important to do this research in the future and different areas. The originality of this research shows the comprehensively strategic alternatives in human resource for halal hotel, by using strengh weakness opportunity threat and IE matrix analysis, and research location which is conducted in Bandung, West Java province has different tourist condition and potentials from other regions.

Keywords
Strategic formulation, Bandung, Human Resources, Halal Hotel

Topic
Islamic Business and Entrepreneurship

Link: https://ifory.id/abstract/jKQVpzM3TJuG

Corresponding Author
Shinta Maharani

Institutions
Islamic Business and Economics Faculty
State Institute of Islamic Studies Ponorogo1
,
Tarbiyah Faculty, State Institute of Islamic Studies Ponorogo2

maharani1979[at]gmail.com

Abstract
Indonesia has more than 17,000 islands spreading between pacific and Indian Ocean and over 200 ethnic groups, about 300 spoken languages. The position bridging continents of Asia and Australia, it makes Indonesia as a land of endless spectacular wonders because a multitude of amazing landscapes and biodiversity stretching along the equator line. As natural world class tourism destinations, it brings advantages and challenges to Islamic business growth. There is lack research trying to relate about Islamic business growth, Halal tourism, government revenue and accelerate economic growth itself. The purposes of this paper are: First, exploring the causal relationship between accelerates Islamic business growth and Halal tourism. Second, explaining the impact of social media on Halal tourism as good influence. Third, proving how Halal tourism is the fastest government revenue through Islamic business growth. Islamic business brings together parties related to Halal tourism: academics, innovative activities, social media, government, e-services, accommodations and transportations. The findings of the paper showed that accelerate Islamic business growth of Halal tourism would affect significantly to the whole economic growth in Indonesia trough government revenue.

Keywords
Islamic Business, Government Revenue, Halal Tourism, Economic Growth

Topic
Islamic Business and Entrepreneurship

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