International Journal of Information System and Innovation Management (IJISIM)

The Integration of Islamic Finance in the Global Economy: Opportunities, Challenges, and Future Directions

Tue, 06 Aug 2024 00:00:00 +0700

Islamic finance has experienced significant growth over the past few decades, differing significantly from the conventional financial system by adhering to key principles such as the prohibition of interest (riba) and speculation (gharar). This unique approach not only caters to followers of Islam but also attracts a global audience seeking ethical financial solutions.
As Islamic finance reaches beyond Muslim-majority countries, its contribution to sustainable development and financial inclusion becomes substantial. However, this expansion also presents challenges, including the need for greater standardization and regulation to better integrate with the global economic system. Notable research from institutions such as the World Bank and
the International Monetary Fund emphasizes the sector's potential to address broader economic issues such as poverty and inequality. This thesis explores the integration of Islamic finance into the global economy, examining the factors driving its growth, the barriers faced, and its impact on economic development.

System of Supervision and Control of Syariah Banking

Elsa Susanti, Rozi Andrini, M. Israr Fathoni — Sat, 21 Dec 2024 00:00:00 +0700

In Indonesia, the supervision and management of Islamic banking is very important to ensure that the activities of Islamic banks comply with relevant laws. DPS should strictly supervise Islamic banking products given the expansion of this sector and the services offered. DPS is in charge of assessing compliance with sharia law. In addition, effective risk management is key in withstanding challenges and mitigating compliance, liquidity, and credit risks. This system aims to increase public trust in banking, in addition to protecting sharia consumers as a sustainable and ethical financial alternative. Thus, good supervision is expected to encourage stable growth in Indonesia's Islamic banking industry. This study aims to investigate the supervision and management structure of Islamic banking in Indonesia.

Unveiling Shopee's E-Commerce Success: How eWOM, Promotions, Product Variety, and Security Shape Gen Z and Millennials' Purchase Decisions

Jimmy Jimmy, Muhammad Luthfi Hamzah, Muhammad Rizki — Thu, 26 Dec 2024 00:00:00 +0700

This study aims to analyze the effect of Electronic Word of Mouth (eWOM), Promotion Strategy, Product Diversity, and Transaction Security on Purchasing Decisions. The population of this study consists of Generation Z and Millennials residing in Pekanbaru who have used or currently use the Shopee application. A sample of 100 respondents was selected using the accidental sampling method. The data analysis technique employed is Multiple Linear Regression Analysis, conducted using the SPSS V21 software. The results of the study indicate that Electronic Word of Mouth (eWOM), Promotion Strategy, and Product Diversity variables have a significant positive effect on Purchasing Decisions. In contrast, the Transaction Security variable has a positive but insignificant effect on Purchasing Decisions.

Digital Marketing, Motivation, and University Image: Key Drivers Of University Choices

Thu, 26 Dec 2024 00:00:00 +0700

This study aims to analyze the effect of digital marketing, motivation and university image on college interest and college decisions in the Master of Management Study program at Pelita Indonesia Institute of Business and Technology. This research is quantitative research The population in the study were students of the IBT PI Master of Management study program in the 2022/2023 academic year. The population of this study was 296 people, the sampling method used was probability sampling. The sampling technique used is simple random sampling The sample size used in this study was 75 respondents, using the Slovin formula. The results of this study indicate that digital marketing has a significant effect on college interest, motivation has a significant effect on college interest, university image has a significant effect on college interest, Digital marketing has an insignificant effect on college decisions, motivation has a significant effect on college decisions, university image has an insignificant effect on college decisions and college interest has a significant effect on college decisions

Innovative Approaches to Financial Distress: The Impact of Company Size and Sales Growth on Food and Beverage Companies Listed on the Indonesia Stock Exchange

Yayu Kusdiana, Ramadahniel Islami, Nanda Suryadi — Tue, 31 Dec 2024 00:00:00 +0700

This study aims to examine the direct effects of company size and sales growth on financial distress in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2022. The research adopts a quantitative approach, utilizing a sample of 235 observations drawn from a population of 84 companies within the food and beverage subsector. Secondary data from publicly available reports from the IDX was used for this analysis. The data were analyzed using the SmartPLS 3.0 model. The results indicate that company size does not significantly influence financial distress, and similarly, sales growth does not have a significant impact on financial distress.