Islamic Business Ethics Implementation in Marketing Communication of Hajj/Umroh Travel Agency "X" Surabaya. This research aims to explore the implementation of Islamic business ethics in marketing communications Umrah/ Hajj travel agency "X" Tour and Travel. This research uses qualitative descriptive approach with explanatory case studies as a type of qualitative research Islamic business ethics which becomes reference in this study SIFAT (Shiddiq, Istiqamah, Fathanah, Amanah and Talbligh). The technique used is the data collection through interviews with President and Marketing Manager "X" Tour and Travel, and participatory observation for two weeks at the operational office of "X" Tour and Travel. To support the data obtained from the results of the interviews as well as participatory observation, research is also equipped with the results of interviews with jamaah who have used the services of "X" Tour and Travel. The research results indicate that "X" Tour and Travel has implemented Shiddiq, Istiqamah, Fathanah, Amanah, and Tabligh in marketing communications.
The purpose of this paper is to examine the role of monetary policy to Islamic Bank Stability in Indonesia from January 2007 to December 2020. The policy is presented by Bank Indonesia 7DRR while Islamic Bank Stability uses Islamic Bank Z-score. This paper also employs several variables as control variable in order to manage effectiveness of the model.
This paper uses Autoregressive Distributed Lag method (ARDL) in order to investigate the long run and short run effect between selected variables. The results reveal that the policy does not affect the Islamic Bank Stability in the long run. It only affects the Stability in the short run. The result also implies that tightening policy is responded by Islamic Bank Stability based on the financial environment.
This paper investigates the present of structural breaks in order to determine the regime shift in case of Indonesia economy. We use the Bai-Perron (2003) to test the breaks within period of Januari 2014 – Desember 2018. We also use Structural Vector Autoregression (VAR) to generate the model which constructed to analyze monetary transmission mechanism. The result shows that there are 4 significant structural breaks while SVAR shows the negative relationship between SBIS and the Output and negative relationship between PUAS and Inflation.
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