Proceeding of International Islamic Multidisciplinary Conference
type: channel
description: Proceedings of International Islamic Multidisciplinary Conference is an international peer-reviewed proceedings published annually by Tazkia Islamic University College. All papers in the proceedings have been presented at the International Islamic Multidisciplinary Conference (IIMCo) events conducted annually. Proceedings of International Islamic Multidisciplinary Conference accepts article submissions in English and Arabic. Determination of articles published in these proceedings is through a peer-review process by the best partner by considering, among others: fulfillment of the standard requirements of journal publications, research methods used, significance, and contribution to the results of research on professional development and education in multidisciplinary studies. Correspondences, subscription information, and others can be addressed directly to our Editorial Office at LPPM, Tazkia Islamic University College, Jl. Ir. H. Djuanda No.78, Sentul City, Bogor 16810. Phone: +62-858-9133-8499. E-mail: info.iimco@tazkia.ac.id.
publisher: Tazkia Islamic University College
language: en-US
publication name: Proceeding of International Islamic Multidisciplinary Conference
items: Current Development in Multidisciplinary Islamic Studies
items: The Effect of Social Skills on the Activity of the Student Organizations in the Islamic Universities
items: Analysis of the Influence of Religion on Corruption Behavior and Giving in ASEAN Member Countries with Muslim Majority and Non-Muslim Majority
items: The Effective, Convenience and Secure Mobile Banking in Indonesian Sharia Banks
items: Impact of Leadership Style, Organizational Culture and Job Satisfaction on Employee Performance in an Islamic High School Setting
items: Exploring The Map of Collaboration Between Islamic Banks, Fintechs and SMEs: A Bibliometric Analysis
items: Implementation of AI in the Lecture Process of Social Sciences Education Students at IAI Tazkia
items: Bridging Faith and Reason: Examining Sertu Concerns through Islamic and Scientific Lenses
items: Intention of Java Island Millenial Muslim Generations toward Retail Cash Waqf Linked Sukuk (CWLS)
items: Millennial Muslim Behaviour towards Money during Covid-19 Pandemic Structural Equation Modelling Approach
items: Guidance and Counseling Program Based on Developmental Task Analysis (ATP) for Students of SMPN 19 Bogor
items: The Impact of Optimistic Attitudes on the Career Prospects of Students of KPI Institute of Tazkia
items: Challenges in Self-Declared Halal Certification: Perspectives from Halal Facilitators
items: Multi-Platform and Partnership in Republika Media: Strategies to Survive Mass Media for Islamic Mass Media
items: Analysis of Avoiding Riba through Knowledge of Literacy to Sharia Money
items: Strengthening Islamic Finance's Impact on the SDGs: Strategies to Increase Contribution
items: Blockchain Implementation in Islamic Accounting
items: Resilience of Sharia Banking Efficiency in Times of Crisis

Current Development in Multidisciplinary Islamic Studies
type: item
description: All praise is due to Allah, the Lord of the worlds, who has bestowed His blessings, allowing this proceeding to be completed and hoped to serve as a valuable reference for academics and practitioners in the field of Islamic Multidisciplinary Studies. May peace and blessings always be upon Prophet Muhammad Shallallahu 'Alaihi Wasallam, whose intercession is awaited by Muslims on the Day of Judgment. With great happiness, we present the proceedings of the International Islamic Multidisciplinary Conference (IIMCo) 2024 to the authors and delegates of this program. We hope these proceedings will be useful and inspiring. The proceedings contain papers presented at the International Islamic Multidisciplinary Conference on Islamic Economics, Islamic Business Management, Islamic Accounting, Islamic Education, Islamic Law, and Islamic Communication and Broadcasting, themed “Current Development in Multidisciplinary Islamic Studies” held at Tazkia Islamic University College, Indonesia, from May 29 to 30, 2024. This event aims to foster collaboration and knowledge exchange in various fields under the umbrella of Islamic studies. With a focus on multidisciplinary approaches, we believe this conference will be a pivotal platform for scholars, researchers, and practitioners to converge and contribute to the advancement of Islamic knowledge. Finally, we would like to express our gratitude to all parties involved in the writing, layout, and publication of this highly valuable proceeding, especially the organizing committee of IIMCo 2024. We hope that this proceeding will be beneficial to all readers worldwide. Thank you.
rights: Copyright (c) 2024 Current Development in Multidisciplinary Islamic Studies © 2024 by Tazkia Islamic University College is licensed under Creative Commons Attribution-NonCommercial 4.0 International
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.343

The Effect of Social Skills on the Activity of the Student Organizations in the Islamic Universities
type: item
description: This study aims to explore the impact of social skills on participation in student organization activities within the Tazkia Islamic Institute. Through a quantitative survey approach, data was collected using questionnaires administered to students active in various campus organizations. Statistical analysis, specifically regression techniques, was used to identify the relationship between social skills and student organization activities. The results showed that social skills have a significant effect on participation in student organization activities. Students who have developed social skills tend to be more active and have a more substantial role in organizational activities on campus. This is due to their ability to communicate effectively, work together in teams, as well as resolve conflicts constructively - important factors in shaping organizational success. The implication of this study confirms the importance of developing social skills among university students to improve the effectiveness and quality of campus organizational activities. Therefore, Islamic educational institutions are expected to design training programs that focus on improving social skills to support the development of more productive and impactful student organization activities. This research presents a new contribution by exploring the impact of social skills on students’ organizational activities in an Islamic university environment, specifically the Tazkia Islamic Institute, which has not been specifically focused on the context of Islamic education.
creator: Najwa Azka Khairani
creator: Riski Nur Alim
creator: Diva Annisa Auralya Zahra
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.359

Analysis of the Influence of Religion on Corruption Behavior and Giving in ASEAN Member Countries with Muslim Majority and Non-Muslim Majority
type: item
description: The aim of this study is to compare corruption behavior and giving in ASEAN member countries with a Muslim majority and a non-Muslim majority from 2018 to 2022. Sample selection was done using purposive sampling with criteria aligned to the research objectives. The population in this study consists of 6 countries, with a sample of 4 countries. The method of data analysis utilized was the independent samples t-test. The outcomes of the comparative analysis suggest a notable distinction in corruption behavior between nations predominantly Muslim and those predominantly Buddhist. Additionally, the study found a significant difference in generous behavior between countries with a Muslim majority and those with a Buddhist majority.
creator: Putri Qurrota A’yun
creator: Siti Fatimah Zahra
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.360

The Effective, Convenience and Secure Mobile Banking in Indonesian Sharia Banks
type: item
description: This research aims to determine the effect of effectiveness, convenience and security of transaction services using Sharia Bank Mobile Banking in Indonesia. The population in this study are customers who actively use mobile banking services from Sharia banks in Indonesia, with a total sample of 202 respondents. The research results show that effectiveness and security do not influence customer satisfaction who use Sharia Bank mobile banking services in Indonesia, while convenience has a positive and significant influence on customer satisfaction. Simultaneously, effectiveness, convenience and security have a significant effect on customer satisfaction of Shariah Bank mobile banking users in Indonesia. Sharia Bank in Indonesia must maintain its mobile banking service and features to stay relevant in the industry.
creator: Tifa Noer Amelia
creator: Fahrizan Idoanto
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.361

Impact of Leadership Style, Organizational Culture and Job Satisfaction on Employee Performance in an Islamic High School Setting
type: item
description: Beside science, Islamic school also provide students with faith and morals, so, the human resources within them are spearhead of the success of this mission, so employee performance is an important thing to pay attention to. This research seeks to find out about the influence of leadership style, organizational culture and job satisfaction on employee performance at Islamic educational institutions, where in this research a study was conducted at Madrasah Aliyah Annida Al Islamy, West Jakarta, by distributing questionnaires to 48 teachers and employees, then data processed using multiple linear regression analysis, so that you can see the influence of each independent variable on the dependent variable. The research results reveal that organizational culture and job satisfaction significantly influence employee performance, but leadership style does not. This research is novel in terms of the institution that is the object of research, where in general research in the field of HR is mostly carried out in companies, even though educational education institutions, have differences in terms of their mission to educate society with an approach that is in accordance with Islamic teachings, so that differ in their analytical approaches. It was found that Islamic educational institutions have human resources that uphold Islamic values, which ultimately influences employee performance.
creator: Yuliyanti Yuliyanti
creator: Prameswara Samofa Nadya
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-07-19
publication date: 2024-07-19
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.362

Exploring The Map of Collaboration Between Islamic Banks, Fintechs and SMEs: A Bibliometric Analysis
type: item
description: This study aims to map and visualize the development, conceptual structure, and theme evolution of research articles on Islamic banking, fintech, and SMEs (from now on referred to as IB, F, and SMEs). Method To conduct the review, we analyzed 288 journal articles from Scopus research publications, with 683 authors. We use bibliometric analysis to examine the literature and transmit the material gathered to compare the present state of the subject and suggest future research and policy. Six significant research themes namely banking, Islamism, financial system, financial crisis, and financial services determine the pattern in knowledge development among IB, F, and SMEs. The next group of themes is linkage with the macroeconomics field (e.g government approach, capital market, policy making) and social aspect (such as corporate social responsibility and environmental economics). The results of the intellectual framework reveal that the themes of IB, F, and SMEs have developed over time as interdisciplinary fields. 10 countries produce the most related topics, however, the 10 most influential authors are based on the H-index and citations come from the UK and Malaysia only. More collaboration between international authors is needed to improve the dissemination of knowledge. While SMEs do not appear in the Word cloud, research that links them with IB and F is recommended to be carried out in the future. Novelty The pattern in knowledge development and intellectual framework of IB, F, and SMEs fields.
creator: Tika Kartika
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.363

Implementation of AI in the Lecture Process of Social Sciences Education Students at IAI Tazkia
type: item
description: Artificial intelligence (AI) has been developing rapidly lately, including in the field of education. AI has made most human jobs easier, and Social Science Education students at IAI Tazkia are no exception. This research seeks to explore how students implement AI in their lecture process. We used a descriptive qualitative research method in conducting this research. The research data was collected through interviews with students enrolled in the Social Science Education programme. The questions asked related to students' experiences, frequency of use, and underlying reasons for using AI, as well as expectations, satisfaction, and impact of using the technology. In addition, privacy and ethical aspects were also discussed. This article presents findings related to students' experiences in using AI, both positive and negative, in completing coursework. Students stated that AI accelerated access to information, facilitated understanding of concepts, and helped with assignment completion. While some students found it helpful, there were also feelings of scepticism regarding the accuracy and impact of AI use on literacy and active engagement. We suggest a thoughtful approach to integrating AI technology, involving educational training, ensuring equitable accessibility, and increasing faculty engagement to support students' holistic learning. The results show that most students have used AI in carrying out their coursework, so the wider application of AI needs to be well implemented, especially in the realm of education.
creator: Muhammad Fuad Hanan
creator: Rona Afifah
creator: Yuda Saputra Ramadhan
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.364

Bridging Faith and Reason: Examining Sertu Concerns through Islamic and Scientific Lenses
type: item
description: The examination of "sertu," a significant purification practice within Islam, from both Islamic and scientific angles, underscores its importance, especially in scenarios where water availability is limited. It entails purifying objects tainted by dog and pig waste. This investigation delves into sertu from Islamic and scientific perspectives, scrutinizing issues and distinguishing between sertu and samak. To fulfill the specified objectives, this research scrutinized scientific and Islamic literature sourced from academic journals, Dewan Bahasa Pustaka, and pertinent Malaysian guidelines for data collection. Furthermore, it analyzed the viewpoints of scholars representing major schools of thought such as Malikites, Shafiites, Hanbalites, and Hanafites. The researchers noted a dearth of scientific perspectives compared to Islamic ones. Additionally, a differentiation between sertu and samak arises, where samak pertains to the cleansing of animal skin using sharp instruments for specific purposes. The study concludes by advocating for further exploration to expand the discourse surrounding sertu from scientific standpoints.
creator: Nurrulhidayah A.F
creator: Ts. Dr. Amal A.M. Elgharbawy
creator: Anis Najihah Ahmad
creator: Mohammad Aizat J
creator: Ade Erawan Minhat
creator: Siti Jamilah M.S.
creator: Amira Safiah
creator: Nurul Widad Fitri
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.365

Intention of Java Island Millenial Muslim Generations toward Retail Cash Waqf Linked Sukuk (CWLS)
type: item
description: Cash waqf has a huge potential and future impact for Indonesia, thus various efforts have been made by the government to increase the acquisition of cash waqf, including issuance of Cash Waqf Linked Sukuk (CWLS) and National Cash Waqf Movement. There were also programs conducted by the goverment to increase the participation of the younger generation, especially Muslim Millennial to purchase CWLS. However, collection rate of cash waqf is still low. In optimizing participation of Muslim Millennial, it is important to know factors that influence an individual’s (Muslim Millenial) intention to perform cash waqf through CWLS. The relationship between these various factors can be explained through Theory of Planned Behaviour (TPB), with three variables namely Attitude, Subjective Norm, and Perceived Behavioural Control which then modified by adding factors related to the behaviour of the Muslim Millennial, namely Religiosity and Trust in Waqf Institutions (LKS-PWU). The research population is the Muslim Millennial of Java Island with a total sample of 185 people. The sampling technique was purposive sampling. Data was collected using a questionnaire and analyzed using SEM method with AMOS program. Results showed that Perceived Behavioural Control and Trust in LKS-PWU had a positive and significant effect on intention in cash waqf through CWLS; Attitude, Subjective Norm, and Religiosity have no significant effect on intention in cash waqf through CWLS.
creator: Sabila Putri Dian
creator: Nurul Huda
creator: Bayu Taufiq Possumah
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.366

Millennial Muslim Behaviour towards Money during Covid-19 Pandemic Structural Equation Modelling Approach
type: item
description: The millennial generation is a generation that is very reactive to environmental changes that occur around them, and also has more attention to money (wealth). This is no exception when the world is experiencing a crisis due to the Covid-19 pandemic. Millennial Muslims must adhere to ethical guidelines in accordance with Islamic sharia in any condition. This study aims to analyze millennial Muslims&#39; behavior towards money during the Covid-19 pandemic. The research method used is Structural Equation Modelling (SEM). Data processing in this study used the Smart PLS 3.0 program. The results of data processing show that the R Square of Individual Behaviour is 0.401 or 40.1%. Furthermore, the results of the path coefficient can be concluded that of the 3 hypotheses made, 2 hypotheses are accepted and 1 hypothesis is rejected. The accepted hypotheses are money for precautionary needs and money for transaction needs. While the rejected hypothesis is money for speculative activities or contains gharar.
creator: Eva Misfah Bayuni
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.367

Guidance and Counseling Program Based on Developmental Task Analysis (ATP) for Students of SMPN 19 Bogor
type: item
description: Adolescents have their own challenges in achieving their developmental tasks. In the teenage phase, many changes occur within him, both physical and psychological. So, thorough preparation is needed to be able to adapt to these conditions. Education is an important forum for teenagers to be able to achieve developmental tasks well according to their age. One of them is through a comprehensive guidance and counseling service program which is prepared based on student needs. ITP and ATP are non-test instruments used to measure students’ achievement of developmental tasks and can then be used as a basis for developing a guidance and counseling program. This research uses a mix method approach. The subjects of this research were 38 class 7B students at SMPN 19 Bogor. The research results show that all aspects have been achieved and the highest level of achievement of student development tasks is at level 4, namely self-awareness. However, there are several aspects of development that are slightly below average that need to be improved, including aspect 1 (foundation of religious life) with a score of 3,467, aspect 2 (foundation of ethical behavior) with a score of 3,599, aspect 5 (awareness of responsibility) with a score of 3,566 and aspect 9 (career insight and readiness) with a score of 3,579. The results of this research can be input for teachers in developing a comprehensive BK program according to students’ needs.
creator: Noneng Siti Rosidah
creator: Laila Cipta Ningrum
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.368

The Impact of Optimistic Attitudes on the Career Prospects of Students of KPI Institute of Tazkia
type: item
description: The study discusses the influence of optimism on the career maturity of students of the Islamic Broadcasting Communication Studies Program (KPI) at the Tazkia Institute, Bogor. The attitude of optimism, defined as a positive view of life and good expectations of the future, is linked to career maturity, that is, the maturity of individual behavior in the face of career development tasks. According to Seligman's theory, the attitude of optimism is reflected in the individual's style of explanation of events, with three main dimensions: permanence, pervasiveness, and personalization. The study uses a quantitative approach and involves 18 21st grade KPI students as research subjects. The research instrument is a questionnaire that measures the attitude of optimism and career maturity of students. Data analysis is done using simple linear regression with the application of SPSS 22. The results of the research show that there is a positive influence of the attitude of optimism on the career maturity of KPI students, optimism contributes to the student career maturing. This study contributes to an understanding of the factors that influence the career maturity of KPI students and the relevance of optimistic attitudes in the context of their career development.
creator: Tengku Siti Nurhaliza
creator: Muhammad Fahmi Zaidan
creator: Aulia Maharani Imani Fatihah
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.369

Challenges in Self-Declared Halal Certification: Perspectives from Halal Facilitators
type: item
description: Main Objective: This research investigates the challenges that halal supervisors encounter when facilitating self-declared halal certification for Micro and Small Enterprises (MSEs) products in Indonesia. Method: The study employs qualitative analysis and documentation to explore the difficulties faced by MSEs in obtaining halal certification. Content analysis is implemented to analyze the interview result with the halal facilitators. Key Findings: The Halal Supervision Program faced challenges including a lack of understanding about the importance of halal certification among business owners, technological and marketing limitations, and logistical issues related to remote supervision. Additionally, operational practices needed improvement, such as ensuring the use of halal-certified products and proper business setups. Effective communication was also hindered by distance and scheduling conflicts, necessitating more flexible and consistent communication strategies. Theoretical and Practical Implications: The Halal Supervision Program exemplifies a robust framework for supporting SMEs in achieving halal certification, highlighting the critical role of effective communication, cooperation, and education. Comprehensive training programs focused on digital literacy and marketing strategies, essential for enhancing SMEs' market competitiveness are highly needed. Establishing a resource hub and a mentorship network can provide ongoing support and practical insights, making the certification process more accessible and less intimidating for new business owners. Novelty: This research provides a detailed examination of the independent halal declaration process for MSEs, identifying specific challenges and proposing targeted governmental and institutional support to improve the certification process and increase the prevalence of certified halal products in Indonesia.
creator: Anjeli Wijaya
creator: Anita Priantina
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.370

Multi-Platform and Partnership in Republika Media: Strategies to Survive Mass Media for Islamic Mass Media
type: item
description: This study explores the strategies used by Republika Media, a leading Islamic mass media, to develop in an increasingly competitive and growing media landscape in the digital era. To increase audience reach and engagement, this research highlights the importance of a multi-platform strategy that combines print, internet, and social media. Based on media convergence theory and using a qualitative approach with a constructivist method, this research aims to determine the strategic use of the advantages of each platform. Republika Media expands its reach by making its content available to a broader demographic. The report also emphasizes the value of strategic alliances with other technology and media companies. This partnership provides Republika readers with higher quality and interactive material while prioritizing journalism with good ethics. A thorough analysis of this article shows that these tactics are critical to being relevant and competitive in a time of rapid technological advancement and changing consumer behavior. The ideas offered show how creativity and collaboration can lead to success in the changing mass media landscape, benefiting Islamic media organizations hoping to maintain their operations and increase their influence in the digital era.
creator: Maya May Syarah
creator: Subroto Subroto
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.372

Analysis of Avoiding Riba through Knowledge of Literacy to Sharia Money
type: item
description: The motivation of Muslim customers to become Islamic banking customers is to avoid usury because they already realize that usury is one of the actions that they must avoid to get blessings from their assets. Islamic banking is one of the factors that attracts them to believe in the genuine commitment of Islamic banks. To run a banking business that is anti-usury and based on Islamic law. The purpose of this study was to determine the effect of motivation to avoid usury and knowledge of financial literacy on the decision to become a customer of Islamic banking. This type of research uses an associative and quantitative approach. Data collection techniques using interviews and questionnaires. Data analysis techniques using validity and reliability tests. Classic assumption test, multiple linear analysis, t-test, F test, and determination. The results of the study show that the motivation to avoid usury has a positive and significant effect on the decision to become a customer of Islamic banking. Knowledge of financial literacy has a positive and significant effect on the decision to become a customer of Islamic banking. The decision to become a customer of Islamic banking is simultaneously influenced by the motivation to avoid usury and knowledge of financial literacy.
creator: Rahmayati Rahmayati
creator: Ulfa Mardiah Gea
creator: Afif Badawi
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.371

Strengthening Islamic Finance's Impact on the SDGs: Strategies to Increase Contribution
type: item
description: Islamic finance plays an important role in contributing to the Sustainable Development Goals (SDGs) in various countries. The method used in this research is a descriptive qualitative method using literature studies from various journals related to Islamic sustainable finance issues. The relatively lower contribution of Islamic finance in Indonesia compared to countries like Qatar, Australia, and the UK can be attributed to factors such as regulatory frameworks, financial infrastructure, market maturity, product diversity, and human capital in the country. To scale up Islamic finance in Indonesia and contribute to the SDGs, the following strategies can be implemented on Regulatory Framework, Financial Literacy and Awareness, Product Diversification, Collaboration and Partnerships, Innovation and Technology, Sustainability Reporting, Data Collection and Analysis.
creator: Surya Anugrah
creator: Windy Permata Suyono
creator: Rochma Sudiati
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.373

Blockchain Implementation in Islamic Accounting
type: item
description: This study aims to explore and examine blockchain technology from an Islamic perspective, as well as investigate its potential and utilization in accounting and auditing. Through a qualitative literature review methodology, this study analyzed relevant literature sources such as journals, reference books, and online documentation related to blockchain from an Islamic perspective. The main findings of this study show that blockchain is consistent with the Islamic accounting principles of accountability, fairness, and truthfulness by enabling transparent, secure, and immutable recording of transactions. The decentralized nature of blockchain eliminates the need for intermediaries, increases trust, and reduces costs. However, this research also identifies vulnerabilities such as 51% attacks and confidentiality issues on public blockchains that need to be addressed. Theoretically, this research contributes to the understanding of blockchain's compatibility with Shariah accounting principles, paving the way for the integration of this technology into the Shariah-compliant financial system. Practically, this research provides guidance for auditors, regulators, and technology providers to integrate blockchain into existing business procedures and change the current audit model. The novelty of this research lies in exploring the convergence of blockchain technology and Islamic accounting principles, providing valuable insights on how to harness the power of blockchain to strengthen accountability, fairness, and honesty in financial reporting while remaining compliant with Shariah guidelines. As such, this research makes a significant contribution to the existing literature and industry practice, and offers potential solutions to enhance the integrity and efficiency of the Islamic financial system.
creator: Karina Megawangi
creator: Najwa Azka Khairani
creator: Muhammad Ikhsan Riyadi
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.374

Resilience of Sharia Banking Efficiency in Times of Crisis
type: item
description: This study examines the operational efficiency of Sharia banking and conventional banking in Indonesia during the global pandemic crisis, to find which have withstood the real sector crisis intensity better. The method used is comparison of multiple regressions across categories of sharia and conventional banks according to OJK. The key variables used are operating expense ratio for efficiency and covid cases and deaths to measure intensity of the crisis. Pandemic crisis intensity significantly the efficiency of sharia banking, especially in BUKU 2 category, although not for larger sharia banks in BUKU 3 or any conventional banks. Smaller sharia banks should start improving their risk management, especially in optimizing their operational cost, in order to be more resilient in facing unexpected external real sector crisis. Financial regulators might need to implement more specialized capital policies for Sharia banks during crises. This study doesn’t only compare efficiency of sharia and conventional banks in general, but also through BUKU categories.
creator: Putri Andari Ferranti
creator: Anton Hindardjo
creator: Sri Anah
rights: Copyright (c) 2024 Proceeding of International Islamic Multidisciplinary Conference
date: 2024-06-30
publication date: 2024-06-30
volume: 1
number: 1
doi: 10.30993/iimco.v1i1.375