ADILLA : Jurnal Ilmiah Ekonomi Syari'ah

OVERCOMING ISRAF: AN EXPLORATION OF FRUGAL LIVING WITHIN THE FRAMEWORK OF HIFDZ AL-MAL

Surya Karmila Sari, Ayu Puspa Kirana, Otong Karyono — Wed, 15 Jan 2025 14:00:54 +0700

This research aims to identify how the concept of frugal living can address wasteful behavior and examine its relationship with the principle of hifdz al-mal. The methodology employed is a qualitative approach through Library Research. Data were comprehensively collected by examining various sources such as books, online materials, and relevant scientific articles. The findings indicate that frugal living is consistent with the principle of hifdz al-mal, as both emphasize efficient and prudent wealth management. The implementation of frugal living aids in avoiding wastefulness and ensures that wealth management aligns with Islamic teachings as outlined in the concept of hifdz al-mal. This study concludes that the application of frugal living is effective in mitigating wasteful behavior and supports the implementation of the hifdz al-mal principle in Islamic economics. Frugal living, which emphasizes efficient and planned financial management, aligns with Islamic teachings on the prudent use of wealth. By adhering to the principles of frugal living, individuals can manage consumption by considering basic needs (dharuriyat), secondary needs (hajiyat), and complementary needs (tahsiniyat), thus preventing waste and unproductive use of resources.

STRATEGIC MANAGEMENT OF SHARIA INVESTMENT GALLERY TO INCREASE STUDENT INTEREST IN INVESTING IN THE SHARIA CAPITAL MARKET

Leni Afrina, Eja Armaz Hardi, Fauzan Ramli — Wed, 15 Jan 2025 14:04:29 +0700

This article discusses GIS strategic management to increase students' interest in investing in the Islamic capital market. Based on the data, it can be seen that the number of investors in the GIS of UIN STS Jambi since the establishment of GIS 2016-2022, the number of investors each year is unstable and is still relatively low. However, as time goes by, some investors are no longer active in stock trading. This is due to investors' ignorance of the Islamic capital market. This research uses a qualitative method with a descriptive approach. The results of this research are that the management strategy used is KSPM discussion, socialization, group formation, implementing the Sharia Capital Market School (SPMS) after that Sharia Capital Market Activation (APMS). The problems faced by GIS include administrators who are less active in carrying out GIS programs and activities, lack of awareness of FEBI students to see investment opportunities, difficulty in inviting FEBI students to take part in activities at GIS.

Keyword: Strategy Management, Interests, Investments

DIGITAL BRANDING STRATEGY FOR HALAL FASHION PRODUCTS IN INCREASING MARKETING

Wed, 15 Jan 2025 14:10:05 +0700

Brands become things that can make an impression and keep consumers to be loyal customers. Building the right personal branding is the key to winning competition in the era of digitalization by doing digital branding. The aim of this research is to understand and describe the digital branding strategy that halal fashion products can enhance marketing. This research uses qualitative methods. It was carried out at Agen Rabbani Kota Jombang which is located at Jl. Kusuma Bangsa No. 73, Pulo Lor, Kec.Jombang, Kab. Jomban with primary and secondary data collection. Then a descriptive analysis of the data is carried out to draw conclusions. Based on the studies already carried out, the conclusion can be drawn that the digital branding strategy (X1) has a significant positive impact on marketing improvement. The results of research on halal fashion product variables (X2) have an impact on the implementation of digital Branding strategy in enhancing marketing at Agen Rabbani Kota Jombang.

COMPARATIVE STUDY BETWEEN CONVENTIONAL PAWNSHOPS AND SHARIA PAWNSHOPS: BENEFITS, CHALLENGES, AND IMPLICATIONS FOR CUSTOMERS

Wed, 15 Jan 2025 14:15:39 +0700

This research seeks to uncover the advantages and disadvantages between conventional pawnshops and Islamic pawnshops. The focus of the research is on the advantages, challenges, and implications of both types of pawnshops for customers. This research is a descriptive qualitative type with a comparative study technique based on data from previous research. Conventional pawnshops operate based on an interesting system, while Sharia pawnshops use usury-free Sharia principles and prioritize murabahah and ijarah contracts. The results show that conventional pawnshops tend to be more flexible in terms of requirements and processes, but are subject to interest charges that can be burdensome for customers. Islamic pawnshops, on the other hand, offer a fairer solution that complies with Islamic financial principles, although they often face challenges in terms of public understanding and more complex procedures. The implications for customers depend largely on their needs, understanding and values, with choices having to take into account both financial aspects and compliance with sharia principles. This research provides insights for customers in choosing the type of pawnshop that suits their needs and values.

PRINCIPLES OF SHARIA WORK ETHIC IN REALIZING AN ETHICAL AND SUSTAINABLE ORGANIZATION

Nurul Pratiwi, Misbahuddin Misbahuddin, Muhammad Nur Taufiq Sunusi — Wed, 15 Jan 2025 14:23:44 +0700

This research discusses the principles of the sharia work ethic in realizing an ethical and sustainable organization. In Islam, hard work is not only to achieve material success, but also as an act of worship to Allahswt. and as a responsibility towards Allah swt. Therefore, organizations that want to realize the sharia work ethic must ensure that the work done is halal, sincere, and to meet the needs of the family. This research aims to explore and analyze the principles of Sharia work ethic that are relevant to the creation of an ethical and sustainable organization. This research uses descriptive qualitative research methods through a library research approach. This research shows that the principles of sharia work ethic have an important role in creating an ethical and sustainable organization.

ANALYSIS OF DROPSHIPPING AND RESELLER BUSINESS MODELS AS A LOW-RISK E-COMMERCE STRATEGY

Wed, 15 Jan 2025 16:03:20 +0700

This article discusses the analysis of dropshipping and reseller business models as a low-risk e-commerce strategy. Dropshipping and reseller are two popular methods used by business actors to run a business online without the need to manage the stock of goods directly. This research aims to explore the advantages and disadvantages of both business models, as well as how they can be attractive alternatives for beginner entrepreneurs or those who want to reduce financial risks in running an e-commerce business. The results of the analysis show that while both models offer significant profit potential, the risks associated with product quality, delivery, and price competition remain major challenges. However, with the right strategy, both dropshipping and reseller can be an effective option to start a business with limited capital and more controlled risks. This analysis discusses the benefits, risks, and long-term implications of each model on customer satisfaction and business sustainability. The results are expected to provide strategic guidance for e-commerce business players in choosing the right model according to their risk profile and business goals in designing and developing efficient and sustainable business strategies.

THE INFLUENCE OF PRODUCT KNOWLEDGE AND WORD OF MOUTH ON THE DECISION TO BECOME A MEMBER OF BMT AL-ISHLAH JAMBI CITY

Neili Khoerun Ni'mah, Sissah sissah, Jevi Saputra — Wed, 15 Jan 2025 19:41:08 +0700

Abstract

Indonesia is a country where the majority of the population is Islamic, therefore the birth of the micro-shariah financial institutions can be a solution to the development of the shariah banking that is still centralized to the middle up society. This research aims to identify and analyze the impact of product knowledge and word of mouth on membership decisions. The respondents used in this study are members of BMT Al-Ishlah Jambi City. The method used in this research is the quantitative method. The data was collected through a questionnaire using the likert scale, then the number of samples used was 85 respondents. The analytical technique used is double linear regression analysis. Partial and simultaneous test results of testing the product knowledge (X1) and word of mouth (X2) variables partially and simultaneously show that there is a significant influence on the decision to become a member (Y), and variable X has an influence of 39,5% on variable Y.

AN APPRAISAL ON CUSTOMER SERVICE OF INDIA POST

Amit Kumar Chakrabarty — Wed, 15 Jan 2025 19:48:48 +0700

This paper deals with the customer service of a head post office (HPO) under India Post. Data have been collected personally from 100 account holders of the post office. Account holders have been selected at random basis. A questionnaire has been used to collect the primary data. Data has been analyzed through different tables and using statistical tests. In this study, it was found that most of the account holders are satisfied with how the post office provides customer service.

APPLICATION OF ISLAMIC BUSINESS ETHICS TO PROMOTION AND SERVICE STRATEGIES AT MS GLOW BRONI JAMBI

Rohadil Ilham, Maulana Yusuf, Angger Hidayat — Wed, 15 Jan 2025 19:58:25 +0700

Islamic business ethics is a principle that distinguishes between good and bad and right and wrong that must be applied in transactions, behavior and relationships with business partners that originate from Islamic teachings, namely the Al-Qur'an and Hadith. This research aims to determine the application of Islamic business ethics to promotional and service strategies at Ms Glow Broni, Jambi City using the principles of Islamic business ethics. The method used in this research is descriptive qualitative, data collection in this research uses observation, interviews and documentation methods. The research results show that the application of Islamic business ethics in promotional and service strategies at Ms Glow Broni Jambi is good and has been implemented in her business. The obstacles experienced by the Ms Glow broni Jambi Agent in applying the principles of Islamic business ethics in promotional and service strategies are the lack of available workforce and the lack of thoroughness of Ms Glow employees in conveying information to consumers which makes consumers feel disadvantaged.

THE EFFECT OF INFLATION, BI 7 DAY (REVERSE) REPO RATE AND RUPIAH EXCHANGE RATE ON THIRD PARTY FUNDS OF ISLAMIC COMMERCIAL BANKS IN INDONESIA

Arista Ramadanika, Mutia Pamikatsih, Suwono Suwono, Ishfaq Ahmed — Wed, 15 Jan 2025 20:07:13 +0700

As a financial institution, the main problem generally faced by Islamic banks is funds. Banks are unable to operate and function properly if there are inadequate funds. Third-party funds from the public play an important role in the sustainability of a bank. On the other hand, macroeconomic aspects can affect the collection of third party funds for banks. This study was conducted with the aim of knowing the effect of inflation, rupiah exchange rate, and BI 7 Day (Reverse) Repo Rate on Third Party Funds of Islamic Commercial Banks in Indonesia. In this study, the data analyzed consisted of quarterly data covering the period from the first quarter of 2020 to the fourth quarter of 2023. The sampling method used purposive sampling and 7 Islamic commercial banks were used as samples. Data analysis uses the Panel Data Regression Analysis method operated through the Eviews program. The results showed that inflation and the BI 7 Day (Reverse) Repo Rate had an effect on third party funds while the rupiah exchange rate had no effect on third party funds of Islamic commercial banks in Indonesia.