Strategies to Improve Halal Tourism in Indonesia During The Pandemic Covid-19

Musfiroh, Anita; Mugiyati, Mugiyati; Iman, Aldi Khusmufa Nur

doi:10.29040/jiei.v7i2.2533

Cited by 4 publications

(4 citation statements)

References 4 publications

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“…Penurunan jumlah wisatawan pada destinasi halal tourism mengalami penurunan baik wisatawan asing maupun wisatawan domestik. Konsep halal tourism mengintegrasikan nilai Islam dalam seluruh aspek pariwisata yang diadopsi dari kriteria Global Muslim Travel Index (Musfiroh et al, 2021).…”

Section: Pendahuluanunclassified

Daya Tarik Halal Tourism Pada Minat Wisatawan di Indonesia Ketika Era Covid-19

Ma'rifah

Normasyhuri²

2022

JIEI

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The Covid-19 pandemic has become a global pandemic and affects various sectors including tourism. The tourism sector was greatly affected because various destinations and tourism supporting products had to be closed to reduce the spread of Covid-19. However, recently various tourism destinations and products have begun to be opened by continuing through health protocols or vaccinations. Global tourism shows development and is familiar with the concept of halal tourism. The attraction of halal tourism includes not only destinations but also tourism products and services that are closely related to Islamic values. In addition, halal tourism can not only be enjoyed by Muslim tourists but also non-Muslim tourists by not violating Islamic law and providing the convenience of worshiping Muslim tourists. The research uses a quantitative approach to field research and uses a questionnaire with a Likert scale. The research was conducted in Indonesia with the aim of seeing whether the attractiveness of halal tourism is able to influence tourist interest in traveling during the Covid-19 pandemic. The results of the study show that the attractiveness of halal tourism can have a positive effect on tourist interest in traveling during the Covid-19 pandemic.

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Section: Pendahuluanunclassified

Daya Tarik Halal Tourism Pada Minat Wisatawan di Indonesia Ketika Era Covid-19

Ma'rifah

Normasyhuri²

2022

JIEI

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“…Second, the results of this study, encompassing the recovery time of banking services following the significant impact of the post-COVID-19 period, will prove advantageous for various stakeholders. Since the Shariah-based banks faced unique challenges related to asset quality and risk management during the pandemic (Safitri and Khasanah 2023), the economic downturn resulting from the pandemic has increased credit risk exposure and enhanced the vulnerability of profitability conditions. Third, unlike previous research, the current paper takes a different direction, proposing and integrating emerging factors affecting the profitability of Shariah-based commercial banks.…”

Section: Introductionmentioning

confidence: 99%

Bank-Specific and Macroeconomic Determinants of Profitability of Islamic Shariah-Based Banks: Evidence from New Economic Horizon Using Panel Data

Gazi,

Karim,

Senathirajah

et al. 2024

Economies

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The purpose of this study is to analyze significant variables that permit us to ascertain the profitability of Bangladeshi Shariah-based banks. In doing so, two profitability measurements, namely, return on asset (ROA) and return on equity (ROE), have been used as dependent variables, while capital adequacy, asset management quality, operational efficiency, credit risk, liquidity, and the size of the bank have been considered as bank-specific independent variables. In addition, the rate of interest, inflation, and GDP growth rate have also been taken as macroeconomic independent variables. This study examined panel data of eight Shariah-based Islamic banks over a thirteen-year period spanning from 2010 to 2022, applying different kinds of linear regression models, including pooled ordinary least squares (OLS), fixed effects, and random effects. Subsequently, the generalized method of moments (GMM) approach is also applied to assess the robustness of the findings. The results revealed that the profitability of Bangladeshi Shariah-based Islamic banks is positively associated with asset management quality, liquidity, and credit risk. In contrast, capital adequacy, operational efficiency, and bank size are negatively correlated with the bank’s profitability. Concerning the macroeconomic factors, the findings indicated a notable positive correlation between the profitability of Shariah-based banks in Bangladesh and both the inflation rate and the interest rate spread. However, this study has also found that the profitability of the sample banks of Bangladesh is not significantly influenced by GDP growth. By providing fresh empirical data, the current research aimed to close a significant vacuum in the body of knowledge on banks and provide important insights for policymakers, managers, and other stakeholders by focusing on particular bank-specific and macroeconomic aspects that influence the profitability of Shariah-based Islamic banks in Bangladesh.

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“…Throughout the COVID-19 pandemic, the government has continued to work to revive Indonesian tourism via a variety of promotional measures. At the same time, they are adhering to health regulations consistent with international health standards (Musfiroh et al, 2021;Sentanu, 2015;Subawa et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Travel Corridor Arrangement Application Process by Governments of Indonesia and Singapore

2022

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The discussion on the Travel Corridor Arrangement (TCA) between the Indonesian and Singaporean governments will continue in the future. However, technically and practically, there are still some issues that the Indonesian government has not effectively addressed, which shows that we are technically still waiting for the right decision while the number of cases of the COVID-19 pandemic is decreasing. This study aims to test different research hypotheses about the elements influencing Indonesia's readiness for TCA with the Singapore government. The technique used a qualitative literature review. To support the literature review with secondary data, the researchers increased the examination of research hypotheses using the NVivo program, which was then thoroughly assessed. The findings show that the researcher will also identify that Indonesia will be more sensitive to TCA than Singapore, so the decision is rejected, while the following hypothesis is that TCA also focuses on tourists, compared to business activities between the two countries, and that the Indonesian government has also proposed the implementation of RGL. However, RGL is not a priority, implying that TCA is effective. If RGL is emphasized, the hypothesis can be accepted. Based on some of these hypotheses' results, the first hypothesis's rejection is caused by the lack of Human Resource Management expertise in implementing TCA with the Singapore government. The conclusion is that TCA implementation in Indonesia is not yet ready to be implemented between Indonesia and Singapore during the COVID-19 pandemic.

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Strategies to Improve Halal Tourism in Indonesia During The Pandemic Covid-19

Cited by 4 publications

References 4 publications

Daya Tarik Halal Tourism Pada Minat Wisatawan di Indonesia Ketika Era Covid-19

Daya Tarik Halal Tourism Pada Minat Wisatawan di Indonesia Ketika Era Covid-19

Bank-Specific and Macroeconomic Determinants of Profitability of Islamic Shariah-Based Banks: Evidence from New Economic Horizon Using Panel Data

Travel Corridor Arrangement Application Process by Governments of Indonesia and Singapore

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