Islamic Business Ethics and Its Impact on the Performance of Small Micro Enterprises (SMEs) Actors in Serang Regency

Abstract

This study aims to determine the impact of Islamic business ethics on the performance of Small Micro Enterprises (SMEs) Actors in the Serang Regency. The population in this study is Small Micro Enterprises (SMEs) Actors in Serang Regency, Banten Province. The respondents of this study were 70 SMEs actors in Serang Regency, Banten Province. The research method used is a quantitative method with data collection methods in the form of a questionnaire. The data were analyzed using instrument tests in the form of validity and reliability tests, classical assumption tests in the form of normality tests and heteroscedasticity tests, and hypothesis tests in the form of simple linear regression tests and correlation coefficient tests. The results of this study indicate that Islamic business ethics has a significant positive effect on the performance of Micro and Small Usama in Serang Regency, with a total contribution of 46 percent, while the rest is influenced by other variables not examined in this study.

Islamic Ethics in Business and Finance: Implication for Corporate Governance and Responsibility

“…For instance, research by Haniffa & Hudaib (2007) highlights the importance of the ethical identity of Islamic banks in shaping corporate branding and reputation. Similarly, Najmudin et al (2022) demonstrate the positive effects of Islamic business ethics on the performance of small and medium enterprises, indicating a significant relationship between ethical practices and business success.…”

“…Islamic ethics have demonstrated potential in enhancing Good Corporate Governance (GCG) practices. Research has shown that Islamic business ethics can have a positive impact on the performance of Micro, Small, and Medium Enterprises (SMEs) (Najmudin et al, 2022). Studies have indicated that the implementation of Islamic business ethics, particularly when combined with a strong network, can lead to improved company performance (Mutaqin & Cokrohadisumarto, 2018).…”

Pengaruh Literasi Keuangan Syariah dan Etika Bisnis Islam Terhadap Kinerja Bisnis UMKM di Kabupaten Jepara

“…Untuk menerapkan syariat Islam dalam kehidupan ekonomi Islam, diperlukan perubahan pemikiran dari sistem ekonomi kapitalis ke sistem ekonomi Islam, termasuk dalam urusan bisnis, karena bisnis tidak dapat dipisahkan dari etika bisnis (Silviyah & Lestari, 2022) Hasil penelitian ini searah dengan penelitian yang dilakukan oleh Katmas et al (2022), dalam penelitian tersebut mengungkapkan bahwa etika bsinis Islam berpengaruh positif dan signifikan terhadap kinerja bisnis UMKM. Lalu diperkuat juga oleh Silviyah & amp;Lestari, (2022), Najmudin et al (2022) dan Fahdillah et al(2023) juga menyatakan bahwa etika bisnis Islam berpengaruh positif dan signifikan terhadap kinerja bisnis UMKM. Hal tersebut juga didukung oleh hasil kuesioner terbuka pada penelitian bahwa rata-rata pelaku UMKM sudah menerapkan etika bisnis islam pada usahanya.…”

Do Islamic Business Ethics Have An Effect on Indonesian Citizens' Interest in Saving At The Faisal Islamic Bank of Egypt? A Case in Cairo, Egypt.

“…(1) Islamic Business Ethics Theory According to Silviyah & Lestari, (2022) as cited by (Najmudin and Sujai 2022) Islamic business ethics are morals for conducting or managing a business based on Islamic principles so that there are no concerns when conducting business because it has been established as something acceptable and right.. Meanwhile, according to Hulaimi and Huzaini as cited by (Jubaedi, Sobari, and Gustiawati 2018) Islamic business ethics is a type of business ethics that adheres to religious rules (Shari'a) that are free of avarice and egoism.…”