International Journal of Islamic and Social Sciences (ISOS)

Emergence of Virtual Currencies-Study of Cryptocurrency in Digital Marketing

Minky Sharma — 2021-12-24

Present economic scenario is the subject of innovations in all aspect of economy like banking marketing and trade. Digital innovation facilitates the settlement of transactions without presence of individual since virtual currency has also emerged in the way of innovations which facilitate the trading and investment alternatives to the people. Concept of Virtual Currency: Virtual currency or money is a type of unregulated virtual/digital currency which is issued/managed by developers and largely accepted by the members of a virtual community. Definition: According to European Banking Authority (2014), virtual currency is a digital representation of value that is not issued by a banking authority or a public authority, nor essentially attached to a fiat currency, but is accepted by natural or legal persons as a means of payment and can be transferred, stored or traded electronically". It can be collected, stored and transferred among stakeholders. This currency is not subject to any kind of monetary or fiscal policy. Some currencies having the features of crypto currency while some currencies are not holding the features of crypto currency.

E-MONEY AS A PAYMENT METHOD: “ANALYSIS OF MATARAM CITY PEOPLE IN USING ELECTRONIC MONEY”

Ilhamdi — 2021-12-24

The research was conducted with the aim of identifying the factors influencing people's interest in using electronic money (e-money) using a quantitative descriptive approach. The researcher uses the technology acceptance model (TAM) as a conceptual framework that focuses on Perceived Usefulness, Perceived Ease of Use, Perceived Risk, and there are additional variables, namely Customer Attitude (Perceived Benefit) and behavioural intentions to use electronic money. An empirical data test was conducted based on data collected from 384 respondents, reliability analysis (Cronbach's Alpha Coefficient), validity test and multiple regression analysis were conducted to see the relationship between all variables. The final results show that perceived usefulness (PU), perceived ease of use (PEOU), perceived risk (PR), and customer attitudes (CA) have a significant positive effect on people's intentions to use electronic money (E-money).

Empirical Analysis of India’s FDI inflow with Gravity and Trade Model Variables

Mohd Arif — 2021-12-24

This paper analyses the FDI inflow in India from major trade blocs which includes EU, NAFTA and ASEAN i.e. whether the FDI inflow indeed affected by the Import, Export, and core gravity model variables by applying Gravity Model on the panel data from the period of 1 996 to 201 7. The panel data is examined by the Multi-level mixed-effect model with linear regression and ML method of estimation is used for estimating the model. The study will attempt to examine FDI Inflow relationship with the import, export and gravity model variables i.e. whether FDI Inflow is significantly dependent on the trade and gravity model variables. The study found that that export has a positive relationship with the FDI inflow in India in the case of ASEAN and EU whereas with NAFTA it has a negative relation with the export. Variables like per capita Income of India and per capita income of partner trading blocs shows a positive relationship with the FDI Inflow in India.

Is Gross Capital Formation And Gross Savings A Component In Saudi Arabia's Economic Growth?

Simranjeet Kaur — 2021-12-24

Gross Capital Formation and Gross Savings are important drivers of a country's Gross Domestic Product growth. Gross Capital Formation is the sum of gross additions to fixed assets and stock change whereas Gross Savings are excess of Disposable Income over consumption of the Nation. Savings promotes investments and which directly accelerates the investments. The purpose of this study is to Examine the relation and impact of Gross Capital formation and Gross saving on the Saudi Arabia's GDP. For the purpose of the research study secondary data related to economy of Saudi Arabia was gathered. 20 years data from the period 2000 to 2019 were considered and several key tests using SPSS were carried out, including correlation and multiple regression to examine statistical relevance of capital formation and savings on the Gross Domestic Product. The conclusion of this study is that Gross Domestic Product of Saudi Arabia is highly dependent upon Gross Capital Formation and Gross Savings of the Country and there found the positive linear relationship between GCF and growth of GDP.

Location Quotient Analysis in Identifying Leading Sector in East Lombok Regency 2015-2020

tati atmayanti — 2021-12-24

Economic growth is one of the important elements in economic development. The various regional potentials will shape the structure of the economy, so it is very necessary to maximize this potential. Economic sectors that are prioritized in forming GRDP are classified in the leading sector/base sector. This study aims to identify the leading sectors in East Lombok Regency which are used as information and considerations for economic development planning. This type of research is descriptive with a quantitative approach. This study uses secondary data in the form of Gross Regional Domestic Product (GRDP) data from 2015 – 2020 (time series) for East Lombok Regency and West Nusa Tenggara Province. The analytical tool used in this research is Location Quotient Analysis. The results of the Location Quotient Analysis (LQ) show that 9 sectors are identified based on business fields which are the leading sectors, including 1) Processing/Manufacturing Industri; 2) Agriculture, Forestry and Fisheries; 3) Wholesale and Retail Trade, repair of cars and motorcycles; 4) Construction; 5) Government Administration, Defense and Mandatory Social Security; 6) Real Estate; 7) Education Services; 8) Health services and social activities; 9) Procurement of electricity and gas.

PROFIT MANAGEMENT ANALYSIS OF THE CONSUMER GOODS INDUSTRY IN INDONESIA: SHARIA VERSUS NON-SHARIA SHARE

Titin Agustin Nengsih — 2021-12-24

Profit management is carried out by the company to achieve the manager's motivation to achieve profit targets which are applied in managing financial statements. Many factors can affect profit management. This study aims to determine the factors that influence profit management in the consumer goods industry sector, at sharia and non-sharia. This data uses the financial reports and the annual reports of manufacturing companies at IDX (Indonesian Stock Exchange) in the 2016-2019 with 19 sharia companies and 10 non-sharia companies. This study uses the Multiple Linear Regression analysis with dependent variables: tax planning, current tax expense, profitability, audit committee, company size, managerial ownership, and leverage. The results of this study show all the variables both in sharia and nonsharia manufacturing companies in the consumer goods industry in the 2016-2019 influence together the profit management. The coefficient of determination for these models is 72% at sharia shares and 51% at non-sharia shares. According to t-test, it shows that tax planning, current tax expense, and managerial ownership influence profit management in sharia shares and only the company size influences profit management in non-sharia shares at manufacturing companies in the consumer goods industry in Indonesia at the 2016-2019.

Pump Up Your Sales With These Remarkable Sales Responsiveness Marketing On Customer Satisfaction In The Automotive Industry Tactics

Eman Sulaiman — 2021-12-24

The purpose of this study was to examine the effect of responsiveness marketing on customer satisfaction in the Automotive Industry. To test these variables, researchers used customers at PT. AUTO2000 Cirebon as the object of research. This type of research is quantitative descriptive. The research was conducted using a survey method by distributing questionnaires to 100 customers. The results of research on responsiveness marketing, showed that it positively significantly affected customer satisfaction that the calculation results obtained t-count > t-table; 2.812 > 0.677. Then H0 is rejected and Ha is accepted, meaning that there is a significant influence between responsiveness marketing on customer satisfaction. R Square of 0.75. This shows that the percentage of the contribution of the independent variable of responsiveness marketing on the dependent variable of customer satisfaction is 75 percent.

The Effect of Knowledge and Profit Sharing System on Students Decisions to Become Customers of Bank Syariah Indonesia KC Mataram

Lila Alwyah — 2021-12-24

This study to determine the effec to knowledge and profit sharing systems on student decisions to become customers of Bank Sharia Indonesia KC Mataram. The variables independent in this study are knowledge and profit sharing and variable dependent is student decisions. We used 69 respondents from Islamic banking students. This research is a quantitative research conducted by utilizing multiple linear regression analysis. The results of research (F test) showed that knowledge and profit sharing variables simultaneously had a positive and negative effect. Significant to the student's decision to become a customer of Bank Sharia Indonesia KC Mataram seen from the significance value is 0.025 < 0.10. Then the results of the partial test (t test) showed that the knowledge variable had a significant effect on students decisions to become customers. While the profit sharing variable has no significant effect on the student's decision to become a customer.

THE EFFECT OF TRADE CREDIT ON COMPANY PROFITABILITY

Munawar Chalil — 2021-12-24

Our study aims to analyze the effect of trade credit on company profitability and the non-linear relationship between them for the period 2010 - 2019. The study used panel data methodology to examine a sample of 254 non-financial sector companies listed on the Indonesia Stock Exchange. The study found an inverted curve-shaped relationship between trade credit receivables and profitability. However, empirical studies also found insufficient evidence to explain a non-linear relationship between trade credit payable and profitability. In addition, the study found a negative and significant effect of company size and sales fluctuation in moderating the relationship between trade credit and profitability. moderation of this variable in the non-linear relationship between trade credit receivables and profitability shifts the optimal point value for trade credit utilization to a lower level. The study concludes that the company should maintain its trade credit receivable level as close as its optimum point to maximize the profitability by considering company size, the stability of sales, and considering the classification of the company's sector that causes a shift in the optimal point of trade credit. The paper gives empirical evidence of a non-linear relationship between trade credit receivable and profitability; consequently, the company can precisely determine the optimal value in investing in trade credit receivable.

The Effect of Murabahah and Mudharabah Financing on Profitability with NonPerforming Financing (NPF) as a Moderating Variable (at Islamic Commercial Banks in Indonesia)

Ismawati — 2021-12-24

This study aims to determine the effect of Murabahah and Mudharabah financing on profitability with Non Performing Financing (NPF) as a moderating variable in Islamic commercial banks in Indonesia for the 2013-2019 period. The population used is all Islamic Commercial Banks registered with the Financial Services Authority as many as 14 Islamic Banks. The sampling technique used was the purposive sampling method, and 8 samples were selected. This research is a type of quantitative research using Multiple Linear Regression Analysis and Moderated Regression Analysis (MRA). The results of the study state that Murabahah financing has a negative and significant effect on ROA, Mudharabah financing has a positive and significant effect on ROA, Non-Performing Financing (NPF) does not moderate the relationship between Murabahah financing and ROA and Non-Performing Financing (NPF) has a significant influence on moderating the financing relationship. Mudharabah on ROA.

The Influence Of Brand Awareness On Purchasing Decisions Of 212 Sharia Cooperative Members

Isra Hayati — 2021-12-24

This study aims to determine how the influence of brand awareness on purchasing decisions of members of the 212 Islamic cooperative. The approach used in this research is a quantitative approach. The data analysis techniques used in this study were validity and reliability tests, classical assumption tests, multiple linear regression analysis, t test and F test and the coefficient of determination. The results showed that Brand Awareness had a positive effect on purchasing decisions of 212 sharia cooperative members obtained from the value of tcount> ttable (6.979> 1.99006), with a significance (0.000 <0.05). Thus more and more people understand Brand awareness more and more people are making purchasing decisions at the 212 sharia cooperative.

Effects of Customer Relationship Marketing, Service Quality, and Product Excellence On Customer Value and Its Effects on Satisfaction and Loyalty of PT. Bank Syariah Mandiri Customers

Riduan Mas’ud — 2021-12-24

This research aims to determine the effects of customer relationship marketing, service quality, and product excellence on customer value, and its effects on the satisfaction and loyalty of PT. Bank Syariah Mandiri customers in West Nusa Tenggara (NTB). The research method used survey method involving 250 people as the samples taken in sensus manner. The data collection used questionnaire and the data analysis used Structural Equation Modelling (SEM). Results of the research indicate that each factor and construct affect recursively, namely customer relationship marketing, service quality, and product excellence affecting on the customer value; the customer value affects on the customer satisfaction, and the customer satisfaction affects on the customer loyalty.