Indonesia Conference Directory

Corresponding Author
Chandra Zaky Maulana

Institutions
UIN Raden Fatah Palembang, Jl. Pof. KH. Zainal Abidin Fikry Km. 3,5 Palembang

Abstract
The aim of this research is to propose a model in an effort to build and enhance the reputation of shariah banking industry. The model was determined by the effects between innovation on the corporate reputation through value creation as the intervening variable in the shariah banking industry (Shariah Commercial Banks and Shariah Subsidiary Unit) in South Sumatra Province, Indonesia. There is a paradox phenomenon showing that amidst huge market share potential as a muslim majority country, the market share of shariah banking is still very insignificant compared to that of the conventional banking although it has been established and operated in the business for more than three decades. This research used explanatory survey method. The approach in the modeling and the technical solution as the tool analysis utilized Structural Equation Modelling (SEM). Data were processed using Lisrel 8.8 . Primary data were collected via distribution of questionnaires directly to the customers, and also through email, considering distance, time and funding limitation. Unit of observation is a total of 57 offices including Branch Offices, Sub Branch Offices,and Cash Offices of 15 sharia banks throughout 14 regions and 3 cities spread around the province. The observation was made using cross-section/one-shot time horizon. Respondents were set based on purposive sampling method. Population was unknown, due to the rules wherein a few banks refused to provide data regarding the total amount of their customers. Therefore, Zikmund formula was used to draw samples, wherein a total of 385 respondents were selected proportionally from each regions and cities. The results revealed findings which described that innovation, as well as value creation, have positive and significant direct effect on the reputation. The indirect effect of innovation on corporate reputation through value creation is tested by using Sobel test. This research revealed a new concept that, Innovation influenced the reputation of shariah banking industry in South Sumatra which driven by value creation.

Keywords
innovation, value creation, corporate reputation, shariah banking industry

Topic
Sharia economics and banking

Link: https://ifory.id/abstract/7XJtykuvRCBG

Corresponding Author
SULVIA MAULIDIANA

Institutions
Institut Bisnis dan Informatika Kesatuan, Bogor

Abstract
This research was carried out because there were several cases of financial statement manipulation that were only detected after the fraud resulted in considerable losses. Fraud pentagon theory which has five elements of fraud is considered to influence the occurrence of fraudulent financial reporting. The five elements are opportunity, pressure, rationalization, competence, and arrogance. The elements contained in the fraud pentagon theory is considered to be able to detect fraud in financial reporting so that fraud can be prevented as early as possible. This study aims to examine how effect of each element of fraud on the pentagon fraud theory is partially and simultaneously on the occurrence of fraudulent financial reporting in mining sector companies listed on the Indonesian Stock Exchange during 2013 to 2017. The independent variable used in this study is the opportunity variable that is proxied by the nature of industry using a receivable ratio, the pressure variable proxied by external pressure uses leverage ratio, the rationalization variable proxied by the total accrual ratio, the competence variable that is proxied by change of auditors uses a dummy variable, and the arrogance variable that is proxied by frequent number of CEO-s picture uses a dummy variable. While the dependent variable in this study is a fraudulent financial reporting variable that is proxied by the fraud score (F-Score). The samples used were 24 mining sector publicly listed companies that listed on the Indonesian Stock Exchange during 2013-2017, with 120 observations. The data used are secondary data in the form of financial statements and company annual reports which are used as research samples. Data test equipment uses SPSS software version 22. The results of the study indicate that all independent variables (opportunity, pressure, rationalization, competence, and arrogance) simultaneously have a significant effect on fraudulent financial reporting. The results of the study also show that partially, the pressure variable proxied by external pressure and the rationalization variable proxied by the total accrual ratio proved to have a significant effect on fraudulent financial reporting. While opportunity variables that are proxied by the nature of industry, competence variables that are proxied change of auditors, and arrogance variables that are proxied by the frequent number of CEO-s picture do not have a significant effect on fraudulent financial reporting.

Keywords
fraudulent financial reporting, fraud pentagon, pressure, rationalization

Topic
Sharia economics and banking

Link: https://ifory.id/abstract/X3QMRVUyAPm9

Corresponding Author
Deddy Ahmad Suhardi

Institutions
Universitas Terbuka

Abstract
Money Waqf is very important in the Islamic Economy and the development of human welfare. Proper and massive management will become a financial instrument that can be relied upon by business people and social institutions. However, public interest and participation in the implementation of waqf money is still low. Based on a survey of 138 teachers and 228 santri from five pesantren in Jakarta in 2019, there were three important aspects of their interest participation in money waqf, namely: (i) managing waqf money with a more transparent and functional principle in supporting the economy and welfare of the people; (ii) implementing waqf money with a reliable and easy system in terms of technical matters such as location, officers, waqf processes, institutions, and so on; and, (iii) media for the dissemination of money waqf is formal or trustworthy, such as print media, pesantren, religious leaders, and the Indonesian Waqf Board. This result shows that there is still a need for a more trustworthy management system and socialization of money waqf in terms of transparency, functionality and legality, to be able to attract the public, and make it easier in terms of technical facilities to be massively followed by the community.

Keywords
money waqf transparency, money waqf functionality, money waqf participation

Topic
Sharia economics and banking

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

Corresponding Author
Yudhistira Ardana

Institutions
STMIK Pringsewu

Abstract
Recent decades, the development of global capital market is developing rapidly. Even the product offered are quite varied, ranging from conventional stock to shares using the sharia principle. At present, investor have many choices for investing in the capital market. For Muslim investor, this is an advantage where there are already traded product in the capital market continues to grow along with the times. This study aims to examine whether there is integration in the Sharia Capital Market in Asia. The data in this study are secondary data of Sharia Stock Index starting from 17 March 2017 to 14 October 2019. The method used is Vector Error Correction Model (VECM) with Innovation Accounting in the Impulse Response Function (IRF) and Forecasting Error Variance Decomposition (FEVD). The result of the study revealed that in the integrated Sharia Capital Market. In the long run there was integration between the Sharia Capital Market in Indonesia, China and India, except for Japan and Malaysia. Where in the short term only the Sharia Capital Market in China is integrated with the Sharia Capital Market in Indonesia.

Keywords
Sharia Stock Index, Integration, Sharia Capital Market

Topic
Sharia economics and banking

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

Corresponding Author
Yosi Mardoni

Institutions
(1)Universitas Terbuka; (2)Universitas Terbuka; (3)Universitas Andalas

Abstract
This study aims to determine the effect of attitudes, subjective norms, and behavioural control (Theory Of Planned Behavior/TPB) on the intentions of food seller to use halal products. The final sample consisted of 130 respondents who run the daily business activities of a restaurant in Padang, Indonesia. The systematic random sampling method was used in this research. Multiple linear regression was used to test the hypothesizes. It was found that subjective norm and behavioural control have a positive effect but not significant on sellers- intention to use halal product. However, attitude significantly influence food sellers- intention to use halal product. This study is beneficial to understand the factors that influence halal product usage in the food industry. It could also become a policy-making reference for government and related institution to increase halal food market scale.

Keywords
TPB, Halal, food seller, Regression

Topic
Sharia economics and banking

Link: https://ifory.id/abstract/6rxMWNUhD32j

Corresponding Author
indarFauziah Ulfah

Institutions
Universitas Islam Syeikh Yusuf Tangerang
jalan maulana yusuf no 10 kel babakan kec tangerang Kota Tangerang
indar.ulfah1409[at]gmail.com

Abstract
Central Statistics Agency (BPS) said that the number of Indonesian Muslim population as much as 88% of the total. Until April 2018, the fund Hajj in Indonesia reached Rp 105 trillion, with great potential for these funds collected as an initial deposit of hajj is an opportunity that can be exploited for the benefit of the people, for the funds to settle (idle) not recommended in Islam, while benefit from the investment of these funds allowed under Law No. 34 of 2014 has even established a special institution called BPKH (Agency for the financial administrator of the hajj) based on Presidential Regulation No. 110 in 2017 to manage investment funds of hajj. Great potential is a challenge for the Islamic finance in terms of market share which is still very low at around 8.47%. According to the Financial Services authority (FSA) Islamic capital market is a sector that contributed most to the assets of the Islamic financial industry in Indonesia, namely by 55%. Issuance of Sharia Securities (SBSN) in the form of Indonesian Haj Funds Sukuk (SDHI) originating from the Hajj fund until August 2018 have reached Rp37,9 trillion, Publishing SDHI has been done since 2011, with values ranging from 1 trillion to 3 trillion every publication. In practice SDHI using Ijarah Al-khadamat, private placement method, and a fixed coupon yield which will be paid each month, Methode of this research, using qualitative descriptive method to determine the advantages and disadvantages as well as descriptive quantitative SDHI to determine the extent to which the fund management Hajj in SDHI seen from the management of the state budget as well as the extent of the return generated can be useful for the jamaah, and using quantitative method for measure how far the impact of SDHI and direct Investment in managing pool of hajj fund in BPKH , the tool is using multiple regression analysis and data will collect from 2014 until 2019.

Keywords
hajj, BPKH, Sukuk

Topic
Sharia economics and banking

Link: https://ifory.id/abstract/nzuwELpaefU6

Corresponding Author
Moh Abdul Basir

Institutions
Universitas Terbuka

Abstract
This study aims to analyze the determination of the financial performance of Islamic banks in Indonesia. Islamic bank financial performance is measured by Return on Assets (ROA). This study uses panel data of 11 Islamic banks from quarterly reports of Islamic Islamic banks in 2012 to 2018. The analytical tool used in this study is VAR. the results of this study indicate that CAR and GDP have a significant positive effect on ROA. While the BOPO variable and interest rates do not have an influence on ROA. These results indicate that Islamic banks have the ability to bear every financing channeled so as to increase profitability.

Keywords
Islamic bank, financial performance, ROA

Topic
Sharia economics and banking

Link: https://ifory.id/abstract/d9F8qtW3KYDr

Corresponding Author
Suhartono Tono

Institutions
Universitas Terbuka

Abstract
This study aims to determine the effect of the human development index (HDI), economic growth and operational expenditure on the amount of capital expenditure allocation in Banten Province. The data used are HDI data, Economic Growth, operational expenditure and capital expenditure allocation in Banten Province for 10 years. The analysis tool used is to determine whether there is an influence of the human development index, economic growth and operational expenditure on capital expenditure allocation in Banten province using multiple linear regression analysis tools. The results of this study are the Human Development Index (X1), Economic Growth (X2) and Operational Expenditures (X3). While the rest (100% - 83.5% = 16.5%) is explained by other causes outside the model. Suggestions from this research are: (1) In an effort to accelerate and expand economic development in Banten Province, it is necessary to increase the portion of capital expenditure in the Regional Budget (APBD) prioritized in the infrastructure sector which is the regional authority. (2) Banten Provincial Government seeks to increase the Human Development index (HDI), economic growth and operational expenditure efficiency because of the simultaneous test results together these three factors significantly influence the allocation of capital expenditure (Y)

Keywords
Human Development Index, Economic Growth, Operational and Capital Expenditures, Banten Province

Topic
Sharia economics and banking

Link: https://ifory.id/abstract/tc34KzbmFvAW