Journal of Management and Islamic Finance https://ejournal.uinsaid.ac.id/index.php/jmif <div style="text-align: justify; width: 97%; background-color: #ffffff; border: 1px solid #FFFFFF; padding: 8px;"><strong>Journal of Management and Islamic Finance (JMIF)</strong></div> <div style="text-align: justify; width: 97%; background-color: #ffffff; border: 1px solid #FFFFFF; padding: 8px;"><strong>J</strong>ournal of <strong>M</strong>anagement and <strong>I</strong>slamic <strong>F</strong>inance (JMIF)<strong> </strong>published by Department of Master Islamic Business Management, Postgraduate Program, Raden Mas Said State Islamic University of Surakarta. The subject covers both textual and empirical, as well as classical and contemporary research on Management and Islamic Finance. Published in Indonesia, it welcomes contributions in English and Bahasa. Papers are peer-reviewed to maintain a high scholarly level. Journal of Management and Islamic Finance is published online twice a year.</div> <div style="text-align: justify; width: 97%; background-color: #ffffff; border: 1px solid #FFFFFF; padding: 8px;">Journal of Management and Islamic Finance (JMIF) openly welcomes scholars, postgraduate students, and practitioners to submit their best research articles that correspond to the topics. The scopes of accepted papers are;<em> </em></div> <div style="text-align: justify; width: 97%; background-color: #ffffff; border: 1px solid #FFFFFF; padding: 8px;">-) Management (Islamic finance management, marketing management, Islamic business management, etc.</div> <div style="text-align: justify; width: 97%; background-color: #ffffff; border: 1px solid #FFFFFF; padding: 8px;">-), Islamic Finance, Islamic Economics, and Islamic Economic &amp; Business Law. </div> <div style="text-align: justify; width: 97%; background-color: #ffffff; border: 1px solid #FFFFFF; padding: 8px;"><strong><strong>P-ISSN: 2797-9628. </strong></strong><strong style="font-size: 0.875rem; font-family: 'Noto Sans', 'Noto Kufi Arabic', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;">E-ISSN: 2797-9636</strong></div> <div style="text-align: justify; width: 97%; background-color: #ffffff; border: 1px solid #FFFFFF; padding: 8px;"><strong><a href="https://issn.lipi.go.id/terbit/detail/20210617031543204" target="_blank" rel="noopener"><img src="http://api-issn.lipi.go.id/download/barcode/dok_sk/2021/06/BARCODE_2797962800.png" alt="P-ISSN 2797-9636" /></a>. </strong><a href="https://issn.lipi.go.id/terbit/detail/20210617151539823" target="_blank" rel="noopener"><strong><img src="https://api-issn.lipi.go.id/download/barcode/dok_sk/2021/06/BARCODE_2797963600.png" alt="E-ISSN 2797-9628" /></strong></a></div> en-US <p>Authors who publish with this journal agree to the following terms:</p> <ul> <li>Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under <a href="https://creativecommons.org/licenses/by-sa/4.0/"><strong>a Creative Commons Attribution License</strong></a> that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.</li> <li>Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.</li> <li>Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.</li> </ul> [email protected] (Fitri Wulandari) [email protected] (Andi Arif Rifa'i) Fri, 30 Jun 2023 08:06:39 +0700 OJS 3.3.0.8 http://blogs.law.harvard.edu/tech/rss 60 AI DRIVEN ISLAMIC BUY NOW PAY LATER (BNPL) – A LEGAL ANALYSIS https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6671 <p>Buy Now Pay Later (BNPL) schemes have experienced worldwide rapid growth rates in order to stimulate consumption growth and provide consumers with more options in paying for their items. Traditional consumers were offered for a long time offers where they may purchase products and services and then pay them off over a period of time. BNPL schemes are a new form of electronic installment payment arrangements that permit the purchase of even smaller items and pay them off over a period of time. While installment options were mostly restricted to larger purchases, such as cars and furniture, newer BNPL enable to purchase efficiently even less expensive goods and services. This change in opportunities has attracted merchants and financial services provider in Islamic countries to evaluate BNPL for their business and provide it to their consumers. Islamic law has various forms of contracts that may be utilized for BNPL scheme. However, the most common form is the structure of a Murabaha for financing these schemes. The article outlines the general BNPL structure for Islamic finance and the legal issues that arise from general BNPL schemes. Ensuring the solid connection between goods and services and the financing is paramount for maintaining compliance with Shariah law. The legal analysis outlined several structures that are suitable for BNPL schemes that are Shariah compliant, enabling Islamic finance to strengthen the sector and provide dedicated financing options.</p> Klemens Katterbauer, Hassan Syed, Sema Yilmaz Genc, Laurent Cleenewerck Copyright (c) 2023 Klemens Katterbauer, Hassan Syed, Sema Yilmaz Genc, Laurent Cleenewerck https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6671 Fri, 30 Jun 2023 00:00:00 +0700 THE INFLUENCE OF ONLINE CUSTOMER REVIEW AND ONLINE CUSTOMER RATING ON GOFOOD PURCHASE DECISIONS IN THE GOJEK APPLICATION https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6588 <p><em>This study aims to determine the effect of the dependent and independent variables partially and simultaneously. The research methodology used a quantitative method by collecting data through distributing questionnaires, the population in this study were users of the Gojek application in Ternate City, the sampling technique used purposive sampling and snowball sampling with 125 respondents. Data were obtained by using multiple linear regression analysis with the SPSS 25 program. The results indicate that partially online customer reviews have a significant effect on purchasing decisions for GoFood on the Gojek application, while online customer ratings partially have no significant effect on purchasing decisions for GoFood on the Gojek application, and simultaneously or together online customer reviews and online customer ratings have an effect significantly to GoFood purchasing decisions on the Gojek application.</em></p> Lila Febriana Kausaha, Ida Hidayanti, Ririn Damayanti Copyright (c) 2023 Lila, Ida, Ririn https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6588 Fri, 30 Jun 2023 00:00:00 +0700 CORPORATE GOVERNANCE AND FINANCING RISK OF SHARIA BANK IN INDONESIA https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/5901 <p><em>This study aims to examine the influence of Islamic bank governance on the financing risk of Islamic Commercial Banks in Indonesia. Sharia bank governance is proxied by the variables of the board of commissioners, audit committee, and sharia supervisory board (SSB). This study used panel data of Islamic commercial banks from 2015 to 2020 using purposive sampling. The data analysis technique used panel data regression through a fixed effect model. The test results show that the audit committee variable has a significant negative effect on the financing risk of Islamic commercial banks. Meanwhile, the board of commissioners and the SSB of the bank have no effect on the financing risk of Islamic commercial banks.</em></p> Muis Zunanto, Agung Abdullah Copyright (c) 2023 Muis Zunanto, Agung Abdullah https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/5901 Fri, 30 Jun 2023 00:00:00 +0700 THE INFLUENCE OF PERCEPTIONS OF BENEFITS, EASE, AND SPEED OF TRANSACTIONS ON CUSTOMER DECISIONS TO USE MOBILE BANKING FACILITIES AT INDONESIA SHARIA BANK (BSI) https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6276 <p><em>The research objective is to identify and analyze the influence of perceived benefits, perceived convenience and perceived transaction speed on customer decisions to use mobile banking facilities at Indonesia Sharia Bank (Case Study of students at UIN Sulthan Thaha Saifuddin Jambi). The method used in this study is a quantitative method with data collection techniques used to test the coefficient of determination of the sample in this study as many as 100 samples of UIN STS Jambi students by distributing Likert scale questionnaires. Based on the results of the t test table, it indicates that the t<sub>count</sub> value of the Islamic lifestyle variable is 4.111 &gt; 1.984 with a significance value of 0.000 &lt;0.05. So it can be concluded that Ha is accepted and Ho is rejected which states that there is a significantly positive influence between the perceived benefits variable on the customer's decision variable to use Indonesia Sharia mobile banking facilities. The hedonic lifestyle is 1.566 &lt; 1.984 with a significance value of 0.121 &gt; 0.05. So it can be concluded that Ha is rejected and Ho is rejected which states that there is a significantly positive effect on the hedonic lifestyle variable on the buyer's decision variable. Based on the results of the t test in the table it is found that the t<sub>count</sub> value of the hedonic lifestyle variable was 1.727 &lt; 1.984 with a significance value of 0.087 &gt; 0.05. So it can be concluded that Ha is rejected and Ho is rejected which states that there is a significantly positive effect on the hedonic lifestyle variable on the buyer's decision variable.</em></p> Ramlah Masiga, Rafidah Copyright (c) 2023 Ramlah masiga, Rafidah https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6276 Fri, 30 Jun 2023 00:00:00 +0700 THE EFFECT OF INFLUENCER ATTRACTIVENESS AND EXPERTISE ON INCREASING PURCHASE INTENTION WITH BRAND IMAGE AS AN INTERVENING VARIABLE https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6441 <p><em>Recently, the beauty trend for face and body care has become more popular, this has been adopted in many rapidly growing beauty industries. The objective of this study is therefore to determine the influence of Attractiveness and Expertise Influencers, and of Brand Image on Purchase Intention. This research was quantitative by taking 100 samples of social media users in the city of Yogyakarta, men and women aged at least 15 years old who have seen the Scarlett Whitening Endorsement brand broadcasts on influencers on social media. The sampling method used a non-probability method and the sampling technique was purposive sampling. Data collection was done by sending a link to the questionnaire via Google From which was distributed online to respondents. Data analysis used IBM SPSS application. The results of this study indicate that the influence variable Attractiveness (X1) has a significant positive effect on brand image (Z) with a value of 0.004, then the Influencer expertise variable (X2) has a significant positive effect on brand image (Z) with a value of 0.000. The brand image variable (Z) has a significant positive effect on purchase intention (Y) with a value of 0.000. Moreover, the Attractiveness influence variable (X1) has no significant effect on purchase intention (Y) with a value of 0.168. The variable Expertise influence (X2) has a significant positive effect on purchase intention (Y) with a value of 0.001. In addition, the results of the study also show that brand image is able to act as an intervening variable for the influence of Attractiveness and Expertise influencers on the purchase intention of consumers of Scarlett Whitening products in the City of Yogyakarta.</em></p> Dona Fitriani, Ida Bagus Nyoman Udayana , Lusia Tria Hatmanti Hutami Copyright (c) 2023 Dona Fitriani, Ida Bagus Nyoman Udayana , Lusia Tria Hatmanti Hutami https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6441 Fri, 30 Jun 2023 00:00:00 +0700 ANALYSIS OF ROE AND BOPO OF INDONESIA SHARIA BANK COMPANY ON FINANCIAL PERFORMANCE: USING EVIEWS 9 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6413 <p><em>This research is motivated by the merger between Bank Rakyat Indonesia Sharia (BRIS) company which change into Indonesia Sharia Bank (BSI) company. Several factors influence it, one of which is the stock price. This share price is also influenced by financial ratios including ROE and BOPO. ROE and BOPO have reports that are very influential on BSI's share price because in sharia banking reports the second value has a significant value in the financial statements in the quarter when BRIS merged into BSI. This type of research was a quantitative descriptive research. The company was Indonesia Syaria Bank company. The data used in this research was secondary data in the form of time series data obtained from the financial reports of Indonesia Syaria Bank company. The analysis technique used multiple linear regression analysis with the help of the Eviews 9 program. The results show that simultaneously the ROE and BOPO financial ratios have a significant effect on stock prices. Partially, the financial ratio variable ROE has an effect but not significantly on stock prices. Meanwhile, the financial ratio variable BOPO partially has a negative and significant effect on stock prices.</em></p> Rohana, Lisda Aisyah Copyright (c) 2023 Rohana, Lisda Aisyah https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6413 Fri, 30 Jun 2023 00:00:00 +0700 THE INFLUENCE OF CONSUMER CHARACTERISTICS AND SITUATIONAL FACTORS ON ONLINE IMPULSIVE BUYING OF FASHION PRODUCTS https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6644 <p>This study aims to analyze the influence of consumer characteristics (impulse buying tendencies, shopping enjoyment tendencies, and consumer moods) and situational factors (individual situation, website quality, motivational activity by retailers, and product attributes) on online impulsive purchases of fashion products in the past pandemic. The population in this study were people who live in Surakarta and Solo Residency with a sample of 100 respondents. The data collection method used a questionnaire, and was processed using the Partial Last Square (PLS). Data analysis used in this study included instrument tests, classic assumption tests consisting of multicollinearity tests, Goodness of Fit (GoF) tests and partial tests (t-test). The results of the study show that first, there are four accepted hypotheses where the factors that influence online impulsive purchases of fashion products are shopping enjoyment tendencies, shopping enjoyment tendencies, consumer moods, and product attributes. Second, other factors such as individual situation, website quality, and motivational activity by retailers are not the determining factors.</p> Intan Destyanawati, Soepatini Copyright (c) 2023 Intan Destyanawati, Soepatini https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6644 Fri, 30 Jun 2023 00:00:00 +0700 THE ROLE OF THE SHARIA SUPERVISORY BOARD AND THE SIZE OF ISLAMIC BANK ON THE PERFORMANCE OF SHARIA BANKS IN INDONESIA https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/5300 <p><em>This study aims to examine the role of the Sharia Supervisory Board and the size of Islamic banks on the performance of Islamic Commercial Banks in Indonesia. The characteristics of the Sharia Supervisory Board (SSB) are proxied by the variables of the size of the SSB, Concurrent Positions of the SSB, the Meetings of the SSB and the Educational Background of the SSB. This study used panel data of Islamic commercial banks from 2015 to 2020 using purposive sampling. The data analysis technique used panel data regression through the common effect model using the software views. The test results show that the variables of SSB concurrent positions, SSB meetings, educational background SSB and the size of the bank significantly affect the performance of Islamic commercial banks. Meanwhile, the size of the SSB have no effect on the performance of Islamic commercial banks. Multiple positions have a positive effect on the direction of the relationship, while the SSB meeting and SSB educational background have a negative effect on the performance of Islamic commercial banks.</em></p> Muhamad Bayu Copyright (c) 2023 Muhamad Bayu https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/5300 Fri, 30 Jun 2023 00:00:00 +0700 FOCUS RESEARCH ON HALAL FOOD MARKETING https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6634 <p><em>Halal food is a category of food or beverage that Muslims may consume according to Islamic law. Halal cuisine must also adhere to strict standards of sanitation and hygiene, which makes it noted for its cleanliness and higher quality. This study utilised a systematic review on halal food marketing scopus database from 2021-2023. In this research, the keyword used is "Halal Food Marketing" in the Scopus database. After conducting the screening, the researchers found 11 articles that met the predetermined criteria. Several research focuses on halal food marketing, namely intention to purchase, halal cosmetics, millennials, religiosity, halal food consumption, Halal brand image, Halal brand satisfaction, Halal brand trust, Halal brand equity, Customer attitude, Product attributes, Marketing stimuli, Halal food , Halal Tourism, halal, marketing, perceived risk, value, trust, purchase intention, product, Halal market, Islamic hospitality, Muslim traveler, Muslim-minority country, Halal hotel, Halal-friendly hotel, Islamic hotel branding, Relational value, utility value, Halal brand resonance, Halal brand relationship quality, supply chain integration, demand for halal products, halal marketing, process quality improvement, food safety concerns, health consciousness on sustainable product performance, Halal foods, Performance, Drivers, and Key success factors. Through proper marketing, halal food producers can increase consumer awareness about their products and expand their market.</em></p> <p>&nbsp;</p> Fadli Agus Triansyah Copyright (c) 2023 Fadli Agus Triansyah https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6634 Fri, 30 Jun 2023 00:00:00 +0700 THE EFFECT OF CORPORATE GOVERNANCE ON FINANCIAL STABILITY SHARIA BANK IN INDONESIA https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6031 <p><em>This study aims to determine the effect of corporate governance on the financial stability of Islamic banks in Indonesia as measured using the z-score. The characteristics of the board of commissioners are proxied by the variable size of the board of commissioners, independent board of commissioners, board of commissioners meetings, and educational background of the board of commissioners. The study used panel data with a sample of Islamic commercial banks in Indonesia from 2015 to 2016 with a total sample of 78 data. The data analysis technique used multiple linear regression with the fixed effect model and the classical assumption test for the suitability of the regression model. The test results show that the variable size of the board of commissioners, independent board of commissioners, and educational background of the board of commissioners has no effect on the soundness of Islamic banks. Meanwhile, the board of commissioners meeting variable has a positive effect on the soundness level of Islamic banks. The control variables for bank size and NPF have no effect on bank soundness.</em></p> Joko Susanto, Sri Walyoto Copyright (c) 2023 Joko Susanto, Sri Walyoto https://creativecommons.org/licenses/by-sa/4.0 https://ejournal.uinsaid.ac.id/index.php/jmif/article/view/6031 Fri, 30 Jun 2023 00:00:00 +0700