The Asian Journal of Professional & Business Studies

Factors Affecting Farmer Poverty and Efforts to Overcome It In Tanjung Jabung Timur District

2024-05-20T05:51:48+00:00

This study aims to analyze the effect of technology, own capital, people's business credit, training, and agricultural institutions on the income of farmers in East Tanjung Jabung Regency and analyze poverty reduction strategies for farmers in East Tanjung Jabung Regency. The analysis tools used are multiple linear regression analysis and SWOT analysis. Based on the results of multiple linear regression partially owned capital, people's business credit, training, and agricultural institutions have a significant effect on the income of food farmers in East Tanjung Jabung Regency. Meanwhile, technology does not have a significant effect on the income of food farmers in East Tanjung Jabung Regency. The results of the SWOT analysis show that the strategy used for poverty reduction in farmers in East Tanjung Jabung Regency is in quadrant I position, which is a progressive recommendation, which means a very favorable situation for farmers in East Tanjung Jabung Regency because it has opportunities and strength so that it can take advantage of existing opportunities to overcome poverty

The Effect of Macro Development Variables On Poverty Rate Through Economic Growth of Jambi Province

2024-05-23T20:20:07+00:00

This study aims to analyze the influence of macro development variables (per capita
development, human development index, open unemployment, and Gini index) on poverty
rates through economic growth in Jambi Province. The research method used is quantitative
descriptive analysis with multiple linear regression analysis tools with path analysis models.
The results directly showed that the influence of macro development variables, per capita
income, human development index, open unemployment rate, and Gini index had a
significant effect on the poverty rate in Jambi Province. while indirectly only per capita
income has a significant effect on economic growth in Jambi Province, but the variables of
human development index, open unemployment rate, and Gini index do not have a
significant effect on economic growth in Jambi Province, but economic growth indirectly
does not affect poverty in Jambi Province.

Navigating The E-Government Landscape in Zanzibar a Comprehensive Empirical Assessment

2024-03-25T02:07:21+00:00

The study about Navigating e-government landscape in Zanzibar. This investigation emphasizes the interplay among human and financial resource capitals, governmental policies, and Information Communication Technology (ICT) infrastructure. Significantly, technological readiness is explored as a potential mediator, with digital literacy proposed as a moderating influence. Through an empirical lens, the study employs a comprehensive survey targeting diverse respondents, including public sector employees and citizens, capturing their e-government service interactions and perceptions. Employing a blend of statistical tools, the research unveils that human resource capital, aligned with digital knowledge, amplifies e-government efficacy. Strategic financial investments, especially in areas like training and ICT infrastructure, enhance service adoption. Furthermore, progressive government policies fostering transparency and inclusivity create a fertile ground for e-government growth. ICT, being central, further substantiates the call for robust digital infrastructures to support and expedite adoption. However, the mediating role of technological readiness underscores that simply possessing resources isn't sufficient; their strategic application is vital. Still, the study's scope, defined by its geographical focus on Zanzibar and potential inherent biases, necessitates caution when extrapolating results. In essence, this study provides a distilled perspective on e-government adoption in Zanzibar, offering insights potentially applicable to similar global contexts, urging stakeholders to rethink digital strategies.

The Effect of Poverty, Unemployment and Zakat Rates on The Islamic-Human Development Index in Jambi Province Through Economic Growth as an Intervening Variable.

2024-06-06T08:26:55+00:00

This study is entitled the effect of poverty, unemployment and zakat levels on the Islamic- Human Development Index in Jambi Province through economic growth as an intervening variable. The purpose of this study is 1) to analyze the effect of poverty, unemployment and zakat rates on economic growth in Jambi Province. 2) to analyze the effect of economic growth on the Islamic-Human Development Index in Jambi Province. 3) to analyze the effect of poverty, unemployment and zakat levels on the Islamic-Human Development Index through economic growth in Jambi Province. The research method used is a quantitative descriptive analysis method with secondary data. The analytical tools used by the SEM (Structural Equation Modeling) method , using AMOS 26, use the stages of modeling and structural equation analysis into 7 steps, namely: 1. Theoretical model development; 2. Drawing up a path diagram; 3. Convert path diagrams into structural equations; 4. Choose input matrix for data analysis; 5. Assess model identification; 6. Assess Goodness-of-Fit criteria; 7. Interpretation of model estimation The results showed that the factors that directly affect economic growth in Jambi Province are the poverty rate and national zakat index, while the open unemployment rate does not affect economic growth in Jambi Province. The national zakat index directly has a significant effect on I-HDI in Jambi Province, however, the poverty rate and open unemployment rate directly do not have a significant effect on I- HDI in Jambi Province. Economic growth directly affects I-HDI in Jambi Province. Factors that indirectly influence I-HDI in Jambi Province through economic growth as an intervening variable are the national zakat index, open unemployment rate, and poverty rate against I-HDI in Jambi Province

The Leading Sector Development Strategy in the Economic Structure of Jambi City.

2024-02-02T08:02:24+00:00

The research article titled "Leading Sector Development Strategy in the Economic Structure of Jambi City" aims to analyze the economic landscape of Jambi City and formulate data-driven policy strategies for economic development. The study utilizes a mix of quantitative and qualitative methods, including SLQ, DLQ, MRP, Overlay, Classic Shift-Share, Esteban Maquila’s Shift-Share, Klassen Typology, SWOT, IFAS, and EFAS analyses. The findings highlight promising sectors such as trade, accommodation, food and beverage services, and corporate services. The research also identifies shifts in the economic structure and competitive advantages in various sectors. Furthermore, the study formulates policy strategies for the development of selected leading sectors in Jambi City. The article provides valuable insights for policymakers and stakeholders in Jambi City to prioritize and plan for economic development

A Determination Of Motor Vehicle Taxes and Potential Optimization Strategies For Increasing Fiscal Capacity In Jambi Province

2024-06-04T01:49:06+00:00

This study is entitled Determinants of Motor Vehicle Tax and Potential Optimization Strategies for Increasing Fiscal Capacity in Jambi Province. The purpose of the study was to determine the factors that influence motor vehicle tax revenue in Jambi Province, and to determine the strategy for optimizing motor vehicle tax potential in Jambi Province. The analysis method uses secondary data with quantitative descriptive analysis, the analysis tool uses multiple linear regression and uses SWOT analysis consisting of the strengths (Strength) and opportunities (Opportunities) owned by the company, while at the same time trying to minimize weaknesses (Weakness) and overcome threats (Threats) that may be faced. Then the analysis is carried out by giving a score or ranking and compiling a table of External Factor Evaluation Matrix (EFE) and Internal Factor Evaluation Matrix (EFI). The results of the study showed that GRDP and average length of schooling have a significant positive effect on Motor Vehicle Tax revenue. The Amnesty Policy has a positive but insignificant effect on Motor Vehicle Tax revenue and the Covid-19 Pandemic has a negative but insignificant effect on Motor Vehicle Tax revenue. The results of the SWOT analysis can be concluded that the right strategy to increase Motor Vehicle Tax is the SO strategy, namely the Strength and Opportunities strategy.

Effect Of Investment, Unemployment And Human Development Index Against Income Inequality (Comparative Study Of Java Island, Sumatra And Sulawesi Island)

2024-05-22T06:36:42+00:00

This study aims to analyze the effect of Investment, Unemployment and Human
Development Index on Income Inequality (Comparative Study of Sumatra, Java and
Sulawesi Islands). The data used is panel data (time series & cross section) from 2010 to
2023 consisting of every province on the island of Sumatra, Java and Sulawesi. Data is
sourced from the Central Bureau of Statistics (BPS) and the Investment Coordinating Board,
Ministry of Investment of the Republic of Indonesia. The data was analyzed by path analysis
method (Sobel Test) using Eviews12 software. The results of the analysis show that partially
Investment and Human Development Index have a significant direct influence on Income
Inequality through GRDP in Sulawesi Island, while Unemployment indirectly has no
significant effect. In contrast to Sumatra and Java, both show that Investment,
Unemployment and Human Development Index do not have a significant indirect effect on
Income Inequality through GRDP. However, simultaneously all these independent variables
have a significant direct influence on income inequality in Sumatra, Java and Sulawesi
island.

Analysis of The Influence of Investment, Labor and Exports on The Economic Growth of Jambi Province

2024-05-27T06:21:12+00:00

This research aims to describe and analyze: 1) The development of economic growth in Jambi Province; 2) The influence of investment, labor and exports on economic growth in Jambi Province for the period 2000-2021. The method used is multiple regression model analysis using the Error Correction Model (ECM) approach, using secondary data from 2000-2021. The research results show that: First, the development of economic growth in Jambi Province from 2000-2021 was 5.53 percent, although it experienced a decline in 2020, due to the COVID-19 pandemic. In 2021, the economy will pick up again, driven by increased production and export performance. Second, investment variables in the long term and short term have a positive and insignificant influence on economic growth in Jambi Province. The variable number of workers in Jambi Province has a negative and significant influence on the economic growth of Jambi Province, while in the short term it has a negative and insignificant influence on the economic growth of Jambi Province. The export variable has a positive and significant influence on economic growth in Jambi Province both in the long and short term.

A Organizational Conflict Management in the Digital Era Impact on Performance

2024-06-19T05:30:49+00:00

When a conflict arises within an organization, the cause is always identified as poor communication. Similarly, when a bad decision is made, ineffective communication is always to blame. Conflict management is a series of actions and reactions between actors and external parties in a conflict. This study is to look at the relationship between organizational conflict management in the digital era and its impact on performance. Organizational conflict management theory, digital era theory and performance are studied on an approach oriented to organizational management, communication from actors and external parties and how they affect performance

Comparative Study and Regional Financial Performance and Its Effect on The Economic Growth of Districts/Cities in Jambi Province.

2024-05-27T05:17:07+00:00

This research is entitled comparative study and regional financial performance and its effect
on the economic growth of districts / cities in Jambi Province. The purpose of this study is to
determine and analyze the effect of regional financial independence ratio, income
effectiveness ratio and efficiency ratio on economic growth in Jambi Province District/City.
The analysis method used quantitative descriptive analysis with panel data regression method.
The results showed that the income effectiveness ratio had a significant effect on economic
growth, while the Regional Independence Ratio and the Income Effectiveness Ratio did not
have a significant effect on the economic growth of Jambi Province districts/cities.

Analysis Of Leading Sectors in Jambi City Economy and Their Development Strategies

2024-06-11T03:07:51+00:00

This study aims to identify the leading sectors in the economy of Jambi City and develop strategies for their enhancement. Utilizing both secondary and primary data, the study employs Location Quotient (LQ), Dynamic Location Quotient (DLQ), Shift Share Analysis, and SWOT Analysis as its primary analytical tools. The findings reveal that the key sectors driving Jambi City's economy are Large Trade and Retail; Car and Motorcycle Repair; Processing Industry; and Transportation and Warehousing. Based on the SWOT analysis, development policies for these sectors fall into Quadrant I, advocating for an Aggressive Strategy (S-O). Recommended strategies include: developing modern shopping center infrastructure by leveraging Jambi City's strategic location and robust transportation network; diversifying products in the processing industry using abundant natural resources; and expanding car and motorcycle repair services by utilizing local human resources to meet the high market demand.

Analysis Of Merchant Income And Business Sustainability Of Tourism Sector Kerinci Regency

2024-05-22T10:20:54+00:00

This study aims to determine the socio-economic characteristics of traders in the tourism sector of Kerinci Regency, to analyze the factors that affect the income of traders in the tourism sector of kerinci regency and see the prospects for the sustainability of the tourism sector business in kerinci regency (case study of Kerinci Lake, Semurup Hot Water and smoky telun waterfall). The research method used is quantitative descriptive analysis with multiple linear regression analysis tools with processing using eviews and multidimensional scalling methods using rapfish analysis tools. The results showed that the influence of capital variables, working hours and length of business had a significant effect on the income of traders in the tourism sector of Kerinci district, but the labor variable had no significant effect on the income of traders in the tourism sector of Kerinci district. While the sustainability of the ecological dimension, economic dimension, social dimension, technological dimension and institutional dimension has a fairly sustainable sustainability index. In order for the value of this index in the future can be maintained and improved with a very sustainable status, it is necessary to improve the sensitive attributes that affect the value of ecological, economic, social, technological and institutional indices.

The Influence of Economic Freedom, Macroeconomic Variables, and The Covid-19 Pandemic On Economic Growth

2024-02-22T03:56:08+00:00

The aim of APEC cooperation is to promote sustainable and inclusive economic growth, as well as enhance cooperation and economic integration among its members. This study aims to analyze the influence of economic freedom, foreign direct investment, international trade, labor force, inflation, and the Covid-19 pandemic on economic growth in the 19 APEC member countries using multiple linear regression method. This research examines the impact of economic freedom, foreign direct investment, international trade, labor force, inflation, and the Covid-19 pandemic on economic growth. The analysis results indicate that economic freedom, although important, may have limited impact in weak institutional settings. Conversely, foreign direct investment and international trade have proven to have significant positive effects by bringing capital, technology, and innovation as well as enhancing economic efficiency. Moreover, skilled labor force and controlled inflation also support economic growth. However, the Covid-19 pandemic has caused serious disruptions by disrupting supply chains, decreasing demand, and creating economic uncertainty, highlighting the importance of economic resilience and public health. These findings emphasize the importance of policies supporting these factors to drive sustainable economic growth.

A Study Of Income Inequality in Sumatera Island

2024-06-04T01:39:00+00:00

Penelitian ini bertujuan untuk menganalisis (1) gambaran ketimpangan pendapatan, Kualitas Sumber Daya Manusia (IPM), Tingkat Pengangguran Terbuka, Laju Pertumbuhan Ekonomi, Infrastruktur dan Teknologi Informasi dan Komunikasi di Pulau Sumatera, (2) pengaruhnya terhadap kualitas Sumber Daya Manusia. . , Tingkat Pengangguran Terbuka, Laju Pertumbuhan Ekonomi, Infrastruktur dan Teknologi Informasi dan Komunikasi terhadap ketimpangan pendapatan di Pulau Sumatera. Metode penelitian yang digunakan adalah analisis deskriptif kuantitatif dengan alat analisis regresi data panel dengan pendekatan fixed effect model. Hasil penelitian menunjukkan bahwa ketimpangan pendapatan provinsi di Pulau Sumatera selama periode 2013-2022 tergolong rendah dengan tren menurun, Indeks Pembangunan Manusia mengalami peningkatan yang konsisten, Tingkat Pengangguran Terbuka menunjukkan tren menurun pada periode awal dan meningkat pada masa pandemi COVID-19 pada tahun 2020, begitu pula dengan laju pertumbuhan ekonomi, infrastruktur jalan yang panjang terus mengalami tren peningkatan, Teknologi Informasi dan Komunikasi mengalami tren peningkatan. Pengaruh Indeks Pembangunan Manusia dan Teknologi Informasi dan Komunikasi terhadap ketimpangan pendapatan adalah negatif dan signifikan, Tingkat Pengangguran Terbuka dan Pertumbuhan Ekonomi berpengaruh positif namun tidak signifikan, kemudian Infrastruktur berpengaruh positif dan signifikan terhadap ketimpangan pendapatan di pulau Sumatera.

Management of Zakat Funds in Improving The Community Economy. A Study on The Nationnal Amil Zakat Agency of Merangin District

2024-05-27T16:17:07+00:00

This research is entitled Management of Zakat Funds in Improving the Community's Economy (Study of the National Amil Zakat Agency of Merangin Regency). The objectives of this research are 1) To determine the strategy for collecting zakat in improving the community economy at the National Amil Zakat Agency in Merangin Regency. 2) To find out the zakat distribution strategy at the National Zakat Amil Agency in Merangin Regency.

3) To find out the utilization of the National Amil Zakat Agency in the Merangin Regency. The research method used is qualitative descriptive analysis with empirical studies and documentation as well as through interview methods. The object of the research is the Merangi Regency National Zakat Agency. The research results show that the fund collection strategy carried out at the National Amil Zakat Agency in Merangin Regency uses two methods, namely a direct fund collection strategy and an indirect fund collection strategy. The fund distribution strategy carried out at the National Amil Zakat Agency in Merangin Regency is still to determine programs with a traditional consumptive distribution model, a creative consumptive distribution model, a traditional productive distribution model, and a creative productive distribution model. Community empowerment carried out by the National Amil Zakat Agency in Merangin Regency is carried out in two ways, namely consumptive and productive.

Analysis of Determinants of Income Distribution Inequality in Indonesia

2024-05-21T09:49:04+00:00

This study aims to analyze the factors that influence income distribution inequality in Indonesia. The analysis method uses quantitative descriptive analysis with secondary data, the analysis tool uses panel data regression using cross-section data, The research objects are the Provinces in Indonesia, and time series data, namely 2915-2022 with a total number of observations of 272 objects, then using tests related to panel data regression, the selection of chow test models, Hausman test, and multiple Lagrange tests, as well as using statistical F hypothesis tests and statistical t and coefficients of determination. The results show that the poverty rate has a positive and significant effect on income distribution inequality in Indonesia, economic growth has a negative and significant effect on income distribution inequality in Indonesia, information and communication technology has a negative and significant effect on income distribution inequality in Indonesia, and investment has a positive and significant effect on income inequality in Indonesia. While the other two variables such as the human development index and unemployment rate do not affect the inequality of income distribution in Indonesia

Determinants of Government Spending and Investment on District/ City Economic Growth in Jambi Province.

2024-05-27T05:57:56+00:00

his research is entitled Determinants of Government Spending and Investment on the Economic Growth of Districts and Municipalities in Jambi Province. The study aims to determine and analyze the Determinants of Employee Expenditure, Capital Expenditure, Goods and Services Expenditure, PMDN, and PMA on District/City Economic Growth in Jambi Province in 2017-2022. The analysis method uses quantitative descriptive analysis with secondary data, the analysis tool uses panel data regression using cross-section data, namely the research objects of 11 districts and cities in the province, and time series data, namely 2017-2022 with a total number of observations of 66 objects, then using tests related to panel data regression, namely the selection of chow test models, Hausman tests, and Lagrange multiplier tests, and using statistical F and T hypothesis tests and coefficients of determination. The results showed that the regression estimation of panel data using the fixed effect model showed that the variables of capital expenditure, employee expenditure, and expenditure on goods and services had a significant effect on the economic growth of regencies and cities in Jambi Province. In contrast, the variables of foreign investment and domestic investment did not have a significant effect on the economic growth of Regencies and cities in Jambi Province.

Assessing Sustainable Literacy Among Leaners at Open University Malaysia

2024-06-11T06:36:45+00:00

Sustainable Development Goals (SDGs) are universal and require participation from both industrial and public sectors, with awareness serving as a key advocacy tool. This study focuses on adult learners at Open University Malaysia (OUM), which introduced the 17 SDGs in 2018 through its course OUMH1603: Study Skills for the 21st Century. This course, mandatory for all diploma and undergraduate students, emphasizes 21st-century soft skills, literacy skills, the 4Cs (Creative Thinking, Critical Thinking, Collaborative and Communication Skills), Global Citizenship Education, and Environmental Education. The study aims to analyze students' understanding of sustainability and evaluate their knowledge of the 17 SDGs. A questionnaire was distributed to new diploma and undergraduate students enrolled in the May 2023 cohort of OUMH1603. Data collected in the 3rd week of the semester were analyzed, revealing a positive trend in understanding the SDGs but also indicating significant room for improvement across all goals and various contributions (workplace, professional bodies, NGOs, and community/public

The Effect of Murabahah and Musyarakah Financing on Net Profit with Third Party Funds as a Moderating Variable at Bank 9 Jambi Syariah

2024-05-22T07:46:19+00:00

### Abstract

This study, titled "The Effect of Murabahah and Musyarakah Financing on Net Profit with Third Party Funds as a Moderating Variable at Bank 9 Jambi Syariah," aims to determine and analyze the impact of Murabahah financing on net profit at Bank 9 Jambi Syariah. Additionally, it seeks to examine the effect of Musharakah financing on net profit and to investigate whether third-party funds moderate these relationships. The research employs a quantitative descriptive analysis method, utilizing Moderated Regression Analysis (MRA). The study focuses on Bank 9 Jambi Syariah, analyzing data from the years 2012 to 2022. The results indicate that both Murabahah and Musharakah financing significantly affect net profit. However, while third-party funds do not moderate the effect of Murabahah financing on net profit, they do moderate the effect of Musharakah financing on net profit.

Analysis of Factors Influencing Poverty in Sungai Penuh City

2024-02-01T15:39:10+00:00

Factors affecting poverty in Sungai Full City. The problem of poverty is one of the policy targets for the development of Jambi Province, one of which is in Sungai Full City so that the income gap becomes smaller. Poverty is a problem in multidimensional development because to overcome poverty, the problems faced are endless. This study aims to determine the development of poverty, population, economic growth, human development index, unemployment rate, income inequality in Sungai Full City and to determine and analyze the influence of population variables, economic growth, human development index, poverty in Sungai Penuh City. The year of analysis is 2008 to 2022. The analysis methods used are quantitative descriptive analysis, multiple linear regression analysis. The results showed that developments in the period 2008 – 2022 consisting of the average poverty rate increased by 3.28 percent, the average population increased by 1.55 percent, average economic growth increased by 5.72 percent, the average human development index increased by 0.75 percent, average income inequality increased by 0.35 percent, and the average unemployment rate increased by 7.03 percent. The population has a positive and significant effect on poverty in Sungai Penuh City, and the human development index has a negative and significant effect on poverty in Sungai Penuh City. Meanwhile, economic growth, income inequality and unemployment have a positive and insignificant effect on poverty in Sungai Full City.

Determinants of Poverty Levels In Terms of Regional Revenues and Expenditures in Regency/City Jambi Province 2017-2022

2024-05-20T05:55:57+00:00

The aim of this research is 1) To analyze the development conditions of poverty levels, local
original income, general allocation funds, special allocation funds, profit sharing funds,
capital expenditures and expenditures on regency/city goods and services in Jambi Province
for 2017-2022. 2) To analyze the influence of Regional Original Income, General Allocation
Funds, Special Allocation Funds, Profit Sharing Funds, Capital Expenditures and Goods and
Services Expenditures on Regency/City Poverty Levels in Jambi Province in 2017-2022. The
type of research used is descriptive and quantitative population research in this research is all
districts/cities in Jambi Province, data collection techniques are indirect observation and
library research (library study). The type of data used in this research is secondary data. The
data analysis technique in this research uses panel data regression. The research results show
that Original Regional Income has a negative and insignificant effect on the poverty level,
meaning that if local original income increases, the poverty level will decrease. General
Allocation Funds have a negative and significant effect on poverty, meaning that if general
allocation funds increase, the poverty level will decrease. Special Allocation Funds have a
negative and significant effect on poverty, meaning that if special location funds increase,
the poverty level will decrease. Profit Sharing Funds have a negative and significant effect
on poverty, meaning that if profit sharing funds increase it can reduce poverty rates. Capital
expenditure has a negative and insignificant effect, meaning that if capital expenditure
increases, the poverty level will decrease but not significantly. Expenditure on goods and
services has a negative and significant effect, meaning that if expenditure on goods and
services increases, the poverty level will decrease.

Variances in the Purchasing Intention of Sports Items on TikTok Shop Based on Gender, Educational Institutions, and Academic Programs

2024-04-21T10:39:08+00:00

TikTok presents a compelling opportunity for marketers to engage with a diverse community of sports enthusiasts. However, there is limited empirical evidence addressing how demographic factors, such as gender, educational background, and academic programs, intersect to influence consumer decisions regarding sports merchandise purchases on TikTok Shop. This study examines the variations in purchasing intention of sports items on TikTok Shop based on gender, educational institutions, and academic programs. Conducted among 222 undergraduate sports students from both public and private educational institutions, the research utilized the students purchasing intention of sports items on TikTok Shop (rated on a 10-point scale) as its primary instrument. The findings revealed no significant difference in the main effect of students' purchasing intention of sports items on TikTok Shop, including gender (F (1, 216) = .720, p = .397), academic program (F (1, 216) = .042, p = .838), and educational institutions (F (1, 216) = .042, p = .838). These findings underscore the importance for businesses operating on TikTok Shop and other digital platforms to adopt a more inclusive and universal approach in their marketing strategies and product offerings, rather than segmenting them based on demographic or institutional factors.

The Influence Of Islamic Financial Literacy, Religiosity, And Service Quality On The Decision To Save at Islamic Banks with Trust as an Intervening Variable in Jambi Province

2024-05-22T07:26:38+00:00

This study examines and analyzes the influence of Sharia financial literacy, religiosity, and
service quality on saving decisions in Islamic Banks with trust as an intervening variable in
Jambi Province. This study has a sample size of 115 respondents representing each
district/city in Jambi Province with a proportional nonrandom sampling technique. The data
used were primary data obtained from distributing questionnaires. The research analysis
method used Structural Equation Modeling Partial Least Squares (SEM-PLS) and data
processing techniques using descriptive statistical analysis techniques and Partial Least
Square (PLS) analysis with the help of SmartPLS 4.1.0.2 software. The results of this study
indicate that Sharia financial literacy, religiosity, and service quality have a positive and
significant effect on customer trust in Islamic banks in Jambi Province. Sharia financial
literacy and service quality positively and significantly affect customer decisions to save at
Islamic banks in Jambi Province. However, religiosity does not affect saving decisions at
Islamic banks in Jambi province. Trust positively and significantly affects saving decisions
at Islamic banks in Jambi Province. Trust can mediate the influence of Sharia financial
literacy, religiosity, and service quality variables on saving decisions in Islamic Banks in
Jambi province.

Bursa Suq Al Sila Framework Analysis

2024-03-25T02:22:32+00:00

In Malaysia, Tawarruq was introduced in Islamic financial system to replace the bai ai-inah concept. Hence, Tawarruq is the most popular product in Islamic Banking and finance sector. The ideas of Tawarruq came from the classical perspectives of jurists that want to assist the development of Islamic economic, banking and finance and replacing the old concept which is clearly prohibited in Islam. Therefore, to overcome this issues and facilitate the implementation of Tawarruq, Suq al-Sila’ (BSAS) was introduce in Islamic financial system. However, many scholars has discussed from a difference views about the implementation of Tawarruq and BSAS. This study refer to BSAS as a case study to complete this research. The objectives of this study is to understand the framework of BSAS, explain the types of commodities and specification of commodity authorizing by Bursa Malaysia Islamic Services (BMIS), participants in the BSAS platform and analyze issues that exist on the BSAS platform. Meanwhile, this research use the secondary data such as collect data from the sources from library and data from internet and primary data by interviewing Vice President, Bank Shariah Officer and Shariah Officer Hong Leong Islamic Bank to obtain primary data. This paper will explain in more detail the BSAS transaction flow and present the Shariah issues involved. The results of this study found that there are several aspects of the implementation of the BSAS platform that raise some Shariah issues. Therefore, this paper is expected to improve BSAS platform and Tawarruq principles.