Indonesian Journal of Islamic Economics and Finance

Impact and Acceptance of Digitalization in the Indonesian Workplace

Lis Andriani HR — 2025-02-27

Digitalization has changed organizational dynamics and greatly improved operational efficiency in the workplace. Digitalization brings difficulties even with its benefits, especially with employee technological acceptability. This paper aims to investigate how digitalization affects employee productivity and workplace efficiency and to find elements influencing workers' technology adoption. A survey was conducted among 169 employees across various organizations in Indonesia, analyzing their perceptions of the usefulness, ease of use, and management support for digital technologies. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The study indicated that perceived usefulness is much influenced by perceived ease of use, which highly predicts technological uptake. While simplicity of use alone does not greatly affect acceptance without the acknowledged utility, management support is vital in helping the acceptance of technology. For digitalization to be effective, companies have to make sure staff members view these technologies as helpful in addition to using simple, user-friendly solutions. Technology adoption depends on a favorable environment, greatly fostered by management support.

The Impact of Islamic Corporate Governance, Corporate Social Responsibility, and Sustainability Reporting on Financial Performance: A Quantitative Analysis of Islamic Banks in Asia (2017–2023)

Ridwansyah Ridwansyah — 2025-02-27

Where the intent of This inquiry is to analyze the repercussion of the independent elementon the dependent elementon Islamic banks in Asia Inquiry year 2017-2023.This inquiry is a quantitative inquiry. This inquiry utilizes secondary data sourced from the official websites of each company, including the Annual Report, Financial Report, and Sustainability Report. The target group in This inquiry are Islamic banks in Asia. The sample of This inquiry consisted of 10 Islamic banks in the period 2017 to 2023. Up to 70 samples. The sampling method in this inquiry employs purposive sampling. The data examination technique utilized is multiple linear regression examination, conducted using the SPSS 25 software. The Discoveries of this inquiry exhibited that Islamic Corporate Governance variables have both partial and simultaneous repercussions on Financial performance. However, Islamic Corporate Social Responsibility and Sustainability Reporting do not have a partial repercussion on Financial performance. Meanwhile, when considered together, all independent variables collectively sway the dependent variable. Financial performance strives to enhance the resilience and competitiveness of Financial Services Institutions and has the principle of risk management, capacity building in the implementation of sustainable finance so that it can grow and develop sustainably.

Enhancing Financial Inclusion and Financial Literacy for Small and Medium Enterprises (SMEs) in Zambia: Challenges, Opportunities and Strategies for Growth

Kuldip Paliwal — 2025-03-19

The study aims to assess the range of FI among SME managers. Financial Inclusion (FI) ensures that every individual, especially the marginalized, has adequate access to financial services. The main objective of this study is to analyze the extent of SME managers’ access to financial schemes and policies in Zambia, Africa. The study describes the budget provided by the Zambian government for SMEs, which will help in examining the level of financial literacy (FL) of SME managers regarding budgeting. Despite their potential, SMEs face many challenges, including limited access to finance, inadequate financial literacy among entrepreneurs, and a fragmented regulatory environment and identifies opportunities to improve financial inclusion through targeted strategies. The study emphasizes the need to enhance financial literacy programs tailored to the needs of SME owners to empower them. The study also highlights the importance of collaborative efforts between government agencies, financial institutions, and development partners to create an enabling ecosystem. The study proposes actionable strategies that Zambia can implement to improve access to finance and enhance financial literacy. The study findings show that most entrepreneurs agree that financial accessibility is important for SME development and implement inclusive policies to expand the reach of financial services.

Analysis Self Efficacy in Improving Work-Life Balance on Employee Performance Terms Sharia Management Perspective

Virnadilla Hardianty — 2025-03-19

This study aims to investigate the relationship between Self-Efficacy and Work-Life Balance from the perspective of Islamic management, focusing on employees of the Public Works Department in Bandar Lampung. Employing a qualitative approach, the research involved four employees and utilized techniques such as data collection, reduction, presentation, and conclusion drawing, with data validity ensured through triangulation. The findings reveal that Self-Efficacy acts as a link between Work-Life Balance and employee performance, emphasizing the importance of Islamic management principles that advocate for a balance between personal life and work, as well as between worldly affairs and the hereafter. However, this study has limitations as it was conducted in a single organization with a small sample size, which means that claims regarding the generalizability of the results should be considered with caution. Therefore, the findings of this research are confined to the context of the organization studied. The study also offers practical recommendations for government offices to promote Self-Efficacy and Work-Life Balance, in line with Islamic values that emphasize balance and self-confidence. Overall, this research presents an original approach to understanding employee performance by integrating Self-Efficacy and Work-Life Balance within the framework of Islamic management, highlighting the importance of employees in balancing work responsibilities with personal and family needs.

The Effect of Financial Distress, Capital Intensity, Political Cost, And Company Size Against Accounting Conservatism

Anggie Prayoga — 2025-04-09

This research aims to analyze the influence of Financial Distress, Capital Intensity, Political Cost, and Company Size on Accounting Conservatism in manufacturing companies listed on the Jakarta Islamic Index from 2019 to 2023. A quantitative approach was employed using secondary data sourced from the financial statements of manufacturing companies listed on the Jakarta Islamic Index, published by the companies and the Indonesia Stock Exchange. The data were analyzed using panel data regression with the Fixed Effect Model (FEM). The results of the study indicate that Financial Distress, Political Cost, and Capital Intensity do not have a significant effect on Accounting Conservatism, while Company Size does have an effect on Accounting Conservatism. However, Financial Distress, Capital Intensity, Political Cost, and Company Size collectively have an influence on Accounting Conservatism.

Perceived Quality, Brand Trust, Image, and Loyalty as Key Drivers of Fast Food Brand Equity

Hizkia C. Ole — 2025-04-09

In the fiercely competitive fast-food industry, building strong brand equity is crucial for long-term success. This study investigates the effects of brand trust, brand image, and perceived quality on brand equity, while also examining the mediating role of brand loyalty in these relationships within the context of fast-food restaurants. Employing a quantitative, descriptive, and correlational research design, this study explores the interrelationships among these variables. Data were collected through a structured questionnaire administered to 175 regular customers of fast-food restaurants in North Sulawesi, Indonesia. The collected data were analyzed using Structural Equation Modeling (SEM) with the aid of SmartPLS statistical software. The findings reveal that brand image and perceived quality are the primary determinants of brand equity, exerting both direct and indirect effects through the mediating role of brand loyalty. However, brand trust does not significantly influence either brand loyalty or brand equity. The study’s focus on a specific geographic region limits the generalizability of the findings to a broader population. Furthermore, the measurement instruments employed may not comprehensively capture the emotional and functional dimensions of brand trust, which could affect the validity of the results. This study contributes to the field of brand management and the fast-food industry by providing insights into the critical factors shaping brand equity. The findings offer valuable implications for both academics and practitioners seeking to enhance brand equity through strategic brand management initiatives.

The Influence of Profitability and Liquidity Ratios on Financial Performance

Uci Defi Arfila Manao — 2025-06-04

The financial performance of PT. Sumber Bintang Rejeki fluctuated in the period from 2020 to 2024. Therefore, the purpose of this study is to assess the company's financial performance with the presence of fluctuations. The quantitative data used in this study are secondary data taken from financial reports. The data analysis method uses profitability and liquidity ratios to calculate and assess financial performance. The findings of the study show that the greater the profitability ratio, the better the company's financial performance. The liquidity ratio has a significant influence on the financial performance of PT Sumber Bintang Rejeki, that the company manages current asset liquidity well so that it has more optimal financial performance. Both ratios, namely profitability and liquidity, simultaneously have a significant impact on the financial performance of PT Sumber Bintang Rejeki. In conclusion, despite fluctuations, profitability and liquidity have a positive impact on financial performance separately and simultaneously on the company's financial performance.

The Role of Individual Characteristics, Work Life Balance and Work Discipline on Employee Performance

Cicih Roehati — 2025-06-06

The objective of this research is to explore and assess the extent to which individual traits, the harmony between occupational and personal responsibilities, as well as adherence to organizational policies, influence the productivity of employees in Regional Public Companies located in West Java. This investigation utilized a quantitative approach, engaging a total workforce of 140 individuals. Following the exclusion of directors and non-permanent staff, the final sample comprised 130 respondents who filled out a structured questionnaire. The analysis of the data demonstrated that each of the three examined aspects significantly affects employee output. The statistical outcomes indicated that individual characteristics, work-life integration, and compliance with company regulations notably contribute to employee productivity, as evidenced by a significance value of 0.001, which is well below the 0.05 threshold, and t-values greater than 1.978. Moreover, the determination coefficient (R²) stood at 0.983, signifying that 98.3% of the variation in performance could be attributed to the studied variables, while only 1.7% was linked to other influences. Additionally, the correlation coefficient (R) was recorded at 0.992, reflecting a very high positive association 99.2% between the measured aspects and work performance. These results underscore the necessity of fostering a supportive work setting, encouraging favorable personal attributes, and maintaining organizational discipline to enhance employee effectiveness within Regional Public Companies in the West Java region.

The Effect of Inflation, Exchange Rate, and Rubber Production on the Volume of Rubber Exports in the Islamic Economic Perspective in Indonesia

Dwi Wijayanti — 2025-06-13

This work aims to analyze the influence of inflation, exchange rate, and rubber production on the volume of Indonesian rubber exports in the perspective of Islamic economics. Indonesia is one of the largest rubber producing countries in the world, with the rubber sector playing an important role in the national economy. Natural rubber commodity not only contributes to the country's revenue through export foreign exchange, but also absorbs large amounts of Labor and supports the downstream industry sector based on rubber raw materials. The work was conducted using panel data from ten major rubber-producing provinces in Indonesia during 2014 to 2023. The analysis method used is panel data regression with common effect, fixed effect, and random effect approaches. The outcomes showed that partially and simultaneously, the three independent elements have a significant influence on the volume of rubber exports. In the Islamic economic perspective, economic stability and Justice of distribution are important cornerstones in understanding the dynamics of export trade. This examination contributes to policy making that is fair and in accordance with Sharia principles in the management of Indonesia's export sector.

The Influence of Investment Value, Micro-Industrial Enterprises and Small Industrial Enterprises on Employment in Sumbagsel in the Perspective of Islamic Economics

Gesti Alya Melinda — 2025-06-16

This work aims to analyze the effect of investment value, the quantity of micro-industrial business units and the quantity of small industrial business units on employment in the sumbagsel area in 2019-2023 in the perspective of Islamic economics. In this work, the type of data used is quantitative data. Quantitative Data is data that can be measured and calculated directly, regarding information or explanation in the form of quantitys or statistics. The population used in this work is in 5 provinces in the Sumbagsel Area (Jambi, South Sumatra, Bengkulu, Lampung and Bangka Belitung Islands. The sample used in this work is the province in Sumbagsel Area. In this case, the author uses the sample of the last 5 years, namely 2019-2023. The investment value variable does not significantly affect the employment in Sumbagsel for the period 2019-2023. The variable of Micro Industry Business Unit does not significantly affect the employment in Sumbagsel for the period 2019-2023. Small Industry Business Unit variables do not have a significant effect on employment in Sumbagsel for the period 2019-2023. Investment value variables, micro-industrial business units, and small industrial business units have a significant effect on employment in Sumbagsel for the period 2019-2023. Islamic economic perspective on employment in the perspective of Islamic Economics has a broader dimension than the conventional economic approach.

The Influence of Competence, Workload and Work Discipline on Civil Servant Performance

Alycia Hiko Andili — 2025-06-16

This study seeks to evaluate affects of competence, workload, and work discipline on performance of government employees within the agency. The research focused on a population of 150 permanent employees, from which a sample size of 110 was determined using Slovin formula with a 5% margin of error. Both interviews and questionnaires were used to obtain data. The study uses in addition to tests for validity, reliability, normality, multiple linear regression, coefficient of determination, t-tests, and f-tests to examine influence of each of the related independent variables on performance, both individually and jointly. The findings reveal that competence positively and significantly affects on employee performance, where as workload has a positive but statistically insignificant effect. Furthermore, a key and beneficial factor in increasing employee performance is work discipline. When analysed simultaneously, competence, workload and work discipline collectively demonstrate a substantial positive influence on employee performance, highlighting their importance in improving overall performance levels.